Elizabethtown USDA Loan Rates, Closing Costs & Stats

ELIZABETHTOWN-FORT KNOX, KY

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • USDA loans are zero-downpayment loans targeted towards lower-income households in rural areas. They can be made directly by the US Department of Agriculture or through a participating lender-- and they typically to borrowers with credit scores over 640. They can have subsidized rates, making them very competitive in terms of cost, but they have more stringent standards on who is eligible as well as specific covenants such as only being available in rural areas and limits on home size.

    Elizabethtown's 17 lenders originated 37 USDA loans during 2023. The total origination value was $7,305,000, with an average USDA loan value of $197,432.

    Elizabethtown USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Elizabethtown averaged -0.38% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

    Elizabethtown's average USDA mortgage closing costs are $4,218.

    The average rate for the prior week (2024-11-08) was 6.08% and one month ago for the week of 2024-10-11, the average rate was 5.94%.

    The average rate one year ago was 7.26%.

    For refis of the same type during the week of 2024-11-15, the average rate was -0.14%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Elizabethtown USDA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Elizabethtown level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 6 6.31% $6,337
    PLAZA HOME MORTGAGE, INC. 5 5.63% $4,517
    Prosperity Home Mortgage, LLC 4 6.65% $6,442
    Stock Yards Bank & Trust Company 3 5.83% $8,042
    Century Mortgage Company DBA Century Lending Company 3 6.25% $7,659
    STOCKTON MORTGAGE CORPORATION 3 6.58% $8,475
    Northpointe Bank 2 5.88% $6,084
    Mortgage Research Center, LLC 2 6.19% $2,386
    BROKER SOLUTIONS, INC. 1 6.25% $7,800
    WesBanco 1 6.38% $4,417
    Flagstar Bank, FSB 1 7.11% $6,279
    Magnolia Bank 1 6.50% $8,880
    MORTGAGE INVESTORS GROUP, INC. 1 7.13% $6,107
    NEWREZ LLC 1 7.13% $5,738
    NORWICH COMMERCIAL GROUP, INC. 1 7.25% $4,149
    SOUTH CENTRAL BANK, INC. 1 5.88% $4,776
    Waterstone Mortgage Corporation 1 5.63% $6,772

    The top Elizabethtown USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 6 USDA loans originated. Their average total fees are $6,337, which is $1,820 higher than the next largest lender, PLAZA HOME MORTGAGE, INC..

    The lowest fee Elizabethtown USDA lenders (with over 10 loans originated) are .

    The lowest rate Elizabethtown USDA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Elizabethtown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $169,900 (6.3%) $196,399 (4.7%) 0.63 492
    2018-02-01 $171,250 (7.1%) $202,661 (6.1%) 0.62 460
    2018-03-01 $179,900 (9.1%) $213,770 (9.9%) 0.63 443
    2018-04-01 $189,900 (11.8%) $215,412 (10.0%) 0.64 457
    2018-05-01 $190,425 (12.2%) $217,913 (8.5%) 0.64 460
    2018-06-01 $189,900 (11.9%) $218,138 (6.9%) 0.63 500
    2018-07-01 $195,225 (14.9%) $223,442 (9.4%) 0.65 523
    2018-08-01 $199,900 (15.9%) $221,937 (8.9%) 0.67 539
    2018-09-01 $189,700 (11.3%) $216,531 (9.4%) 0.64 569
    2018-10-01 $189,700 (10.5%) $212,448 (6.7%) 0.64 548
    2018-11-01 $194,000 (14.2%) $213,326 (8.7%) 0.66 544
    2018-12-01 $190,000 (11.8%) $215,657 (9.7%) 0.66 525
    2019-01-01 $194,600 (14.5%) $212,020 (8.0%) 0.67 490
    2019-02-01 $189,950 (10.9%) $211,522 (4.4%) 0.64 492
    2019-03-01 $199,857 (11.1%) $214,714 (0.4%) 0.65 454
    2019-04-01 $204,725 (7.8%) $217,847 (1.1%) 0.65 424
    2019-05-01 $212,000 (11.3%) $228,567 (4.9%) 0.66 431
    2019-06-01 $204,900 (7.9%) $224,340 (2.8%) 0.64 466
    2019-07-01 $200,000 (2.5%) $227,161 (1.7%) 0.63 463
    2019-08-01 $204,009 (2.1%) $229,093 (3.2%) 0.65 477
    2019-09-01 $210,023 (10.7%) $231,407 (6.9%) 0.67 485
    2019-10-01 $216,600 (14.2%) $236,181 (11.2%) 0.70 490
    2019-11-01 $215,900 (11.3%) $238,902 (12.0%) 0.71 480
    2019-12-01 $219,450 (15.5%) $239,631 (11.1%) 0.73 435
    2020-01-01 $215,900 (11.0%) $236,454 (11.5%) 0.72 398
    2020-02-01 $219,000 (15.3%) $233,200 (10.3%) 0.72 368
    2020-03-01 $215,000 (7.6%) $233,968 (9.0%) 0.67 325
    2020-04-01 $219,225 (7.1%) $235,057 (7.9%) 0.69 307
    2020-05-01 $232,900 (9.9%) $244,297 (6.9%) 0.71 245
    2020-06-01 $225,650 (10.1%) $253,222 (12.9%) 0.66 189
    2020-07-01 $244,675 (22.3%) $274,380 (20.8%) 0.71 176
    2020-08-01 $242,500 (18.9%) $272,804 (19.1%) 0.69 172
    2020-09-01 $243,475 (15.9%) $276,153 (19.3%) 0.70 183
    2020-10-01 $234,500 (8.3%) $270,793 (14.7%) 0.67 169
    2020-11-01 $199,500 (-7.6%) $255,648 (7.0%) 0.58 177
    2020-12-01 $215,000 (-2.0%) $260,950 (8.9%) 0.64 193
    2021-01-01 $209,900 (-2.8%) $269,152 (13.8%) 0.63 164
    2021-02-01 $223,650 (2.1%) $274,629 (17.8%) 0.65 138
    2021-03-01 $249,900 (16.2%) $289,733 (23.8%) 0.71 134
    2021-04-01 $266,350 (21.5%) $299,388 (27.4%) 0.72 128
    2021-05-01 $239,950 (3.0%) $289,363 (18.5%) 0.64 125
    2021-06-01 $259,900 (15.2%) $321,375 (26.9%) 0.68 140
    2021-07-01 $275,900 (12.8%) $321,065 (17.0%) 0.73 181
    2021-08-01 $275,000 (13.4%) $305,952 (12.2%) 0.73 211
    2021-09-01 $272,475 (11.9%) $300,438 (8.8%) 0.73 226
    2021-10-01 $269,900 (15.1%) $313,661 (15.8%) 0.72 233
    2021-11-01 $273,700 (37.2%) $307,859 (20.4%) 0.73 233
    2021-12-01 $251,225 (16.9%) $295,863 (13.4%) 0.68 199
    2022-01-01 $250,000 (19.1%) $309,597 (15.0%) 0.68 159
    2022-02-01 $269,900 (20.7%) $318,052 (15.8%) 0.70 142
    2022-03-01 $268,000 (7.2%) $327,020 (12.9%) 0.67 125
    2022-04-01 $265,000 (-0.5%) $299,284 (0.0%) 0.63 119
    2022-05-01 $284,900 (18.7%) $316,573 (9.4%) 0.65 130
    2022-06-01 $268,950 (3.5%) $303,494 (-5.6%) 0.60 202
    2022-07-01 $278,000 (0.8%) $320,605 (-0.1%) 0.63 277
    2022-08-01 $299,650 (9.0%) $318,805 (4.2%) 0.69 303
    2022-09-01 $306,050 (12.3%) $331,420 (10.3%) 0.72 249
    2022-10-01 $319,900 (18.5%) $347,702 (10.9%) 0.75 287
    2022-11-01 $308,450 (12.7%) $341,948 (11.1%) 0.74 321
    2022-12-01 $302,500 (20.4%) $341,399 (15.4%) 0.75 289
    2023-01-01 $316,500 (26.6%) $338,954 (9.5%) 0.78 237
    2023-02-01 $316,500 (17.3%) $342,987 (7.8%) 0.76 226
    2023-03-01 $317,500 (18.5%) $349,755 (7.0%) 0.75 215
    2023-04-01 $316,000 (19.3%) $346,595 (15.8%) 0.73 218
    2023-05-01 $315,500 (10.7%) $341,656 (7.9%) 0.72 204
    2023-06-01 $322,200 (19.8%) $347,889 (14.6%) 0.72 220
    2023-07-01 $325,000 (16.9%) $349,687 (9.1%) 0.74 257
    2023-08-01 $323,323 (7.9%) $350,213 (9.9%) 0.74 277
    2023-09-01 $319,900 (4.5%) $339,104 (2.3%) 0.74 288
    2023-10-01 $319,395 (-0.2%) $344,635 (-0.9%) 0.75 293
    2023-11-01 $312,975 (1.5%) $343,863 (0.6%) 0.75 318
    2023-12-01 $315,000 (4.1%) $346,331 (1.4%) 0.77 314
    2024-01-01 $316,250 (-0.1%) $347,420 (2.5%) 0.77 289
    2024-02-01 $318,575 (0.7%) $356,394 (3.9%) 0.77 283
    2024-03-01 $334,900 (5.5%) $362,963 (3.8%) 0.79 283
    2024-04-01 $329,950 (4.4%) $364,285 (5.1%) 0.77 292
    2024-05-01 $329,900 (4.6%) $363,370 (6.4%) 0.75 313
    2024-06-01 $329,900 (2.4%) $362,807 (4.3%) 0.74 319
    2024-07-01 $329,450 (1.4%) $369,182 (5.6%) 0.75 344
    2024-08-01 $326,700 (1.0%) $372,766 (6.4%) 0.76 381
    2024-09-01 $325,957 (1.9%) $376,324 (11.0%) 0.77 386
    2024-10-01 $322,400 (0.9%) $372,698 (8.1%) 0.76 405
    Elizabethtown's median listing price for 2024-10-01 was $322,400, a difference of $3,005 (0.9%) versus the prior year and $-3,557 versus the prior month.

    Elizabethtown's median listing price comes in at 76% of the national average.

    Elizabethtown's average listing price for 2024-10-01 was $372,698, a difference of $28,063 (8.1%) versus the prior year and $-3,626 versus the prior month.

    For the 2024-10-01 period, Elizabethtown had 405 MLS listings, a difference of 19 listings (5%) versus the prior month and 112 listings (38%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Elizabethtown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 82 days 1,800 sqft
    2018-02-01 80 days 1,838 sqft
    2018-03-01 56 days 1,869 sqft
    2018-04-01 55 days 1,960 sqft
    2018-05-01 53 days 1,987 sqft
    2018-06-01 44 days 2,004 sqft
    2018-07-01 46 days 2,012 sqft
    2018-08-01 52 days 2,014 sqft
    2018-09-01 55 days 1,973 sqft
    2018-10-01 65 days 1,969 sqft
    2018-11-01 69 days 1,985 sqft
    2018-12-01 80 days 1,977 sqft
    2019-01-01 80 days 1,983 sqft
    2019-02-01 72 days 1,993 sqft
    2019-03-01 63 days 2,000 sqft
    2019-04-01 54 days 1,999 sqft
    2019-05-01 51 days 1,987 sqft
    2019-06-01 50 days 1,942 sqft
    2019-07-01 53 days 1,937 sqft
    2019-08-01 54 days 1,983 sqft
    2019-09-01 55 days 2,053 sqft
    2019-10-01 56 days 2,122 sqft
    2019-11-01 61 days 2,125 sqft
    2019-12-01 68 days 2,151 sqft
    2020-01-01 80 days 2,123 sqft
    2020-02-01 71 days 2,127 sqft
    2020-03-01 50 days 1,921 sqft
    2020-04-01 50 days 1,926 sqft
    2020-05-01 57 days 1,968 sqft
    2020-06-01 52 days 2,170 sqft
    2020-07-01 40 days 2,204 sqft
    2020-08-01 37 days 2,160 sqft
    2020-09-01 39 days 2,056 sqft
    2020-10-01 38 days 1,920 sqft
    2020-11-01 33 days 1,835 sqft
    2020-12-01 43 days 1,855 sqft
    2021-01-01 54 days 1,859 sqft
    2021-02-01 50 days 1,870 sqft
    2021-03-01 31 days 1,895 sqft
    2021-04-01 30 days 1,967 sqft
    2021-05-01 30 days 1,945 sqft
    2021-06-01 24 days 1,988 sqft
    2021-07-01 24 days 2,012 sqft
    2021-08-01 28 days 2,062 sqft
    2021-09-01 33 days 2,060 sqft
    2021-10-01 39 days 2,010 sqft
    2021-11-01 37 days 1,923 sqft
    2021-12-01 45 days 1,824 sqft
    2022-01-01 58 days 1,828 sqft
    2022-02-01 28 days 1,833 sqft
    2022-03-01 25 days 1,922 sqft
    2022-04-01 24 days 1,923 sqft
    2022-05-01 19 days 1,987 sqft
    2022-06-01 17 days 1,851 sqft
    2022-07-01 29 days 1,890 sqft
    2022-08-01 46 days 1,894 sqft
    2022-09-01 48 days 1,951 sqft
    2022-10-01 42 days 2,128 sqft
    2022-11-01 45 days 2,069 sqft
    2022-12-01 58 days 2,035 sqft
    2023-01-01 67 days 2,039 sqft
    2023-02-01 43 days 1,922 sqft
    2023-03-01 44 days 2,013 sqft
    2023-04-01 36 days 1,904 sqft
    2023-05-01 42 days 1,823 sqft
    2023-06-01 41 days 1,939 sqft
    2023-07-01 36 days 1,984 sqft
    2023-08-01 44 days 2,004 sqft
    2023-09-01 44 days 1,967 sqft
    2023-10-01 46 days 1,924 sqft
    2023-11-01 46 days 1,923 sqft
    2023-12-01 53 days 1,924 sqft
    2024-01-01 67 days 1,902 sqft
    2024-02-01 52 days 1,934 sqft
    2024-03-01 37 days 1,948 sqft
    2024-04-01 40 days 1,905 sqft
    2024-05-01 32 days 1,916 sqft
    2024-06-01 43 days 1,979 sqft
    2024-07-01 41 days 1,980 sqft
    2024-08-01 41 days 1,978 sqft
    2024-09-01 50 days 2,014 sqft
    2024-10-01 54 days 2,014 sqft
    Elizabethtown's median listing age (time on market) for 2024-10-01 was 54 days. This is 16% longer than the same period one year ago.

    Elizabethtown's median square footage for active listings during the 2024-10-01 period was 2,014 sqft. One year prior, the average listing was 1,924 sqft.