Elizabethtown USDA Loan Rates, Closing Costs & Stats

ELIZABETHTOWN-FORT KNOX, KY

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 35 lenders originated 75 USDA loans during 2022. The total origination value was $13,945,000, with an average USDA loan value of $185,933.

Elizabethtown USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Elizabethtown averaged 6.25% for the week of 2024-03-01, compared to the national average (all USDA variants) of 6.729% for the same period.

Elizabethtown's average USDA mortgage closing costs are $4,113.

The average rate for the prior week (2024-02-23) was 6% and one month ago for the week of 2024-01-26, the average rate was 5.86%.

The average rate one year ago was 6.12%.

For refis of the same type during the week of 2024-03-01, the average rate was 5.25%.

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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
PLAZA HOME MORTGAGE, INC. 12 4.13% $4,989
EVERETT FINANCIAL, INC. 7 5.63% $4,042
SOUTH CENTRAL BANK, INC. 6 5.38% $4,268
AMERIFIRST FINANCIAL CORPORATION 6 4.38% $6,233
Mortgage Research Center, LLC 4 6.03% $3,513
HOME POINT FINANCIAL CORPORATION 3 3.88% $4,830
Flagstar Bank, FSB 3 4.28% $4,246
Magnolia Bank 2 4.44% $5,148
Paramount Residential Mortgage Group, Inc. 2 5.31% $3,800
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 4.44% $5,681
Prosperity Home Mortgage, LLC 2 4.25% $5,255
THRIVE MORTGAGE, LLC 2 4.81% $4,799
Hometown Lenders, Inc. 1 5.63% $6,246
INTERLINC MORTGAGE SERVICES, LLC 1 6.13% $6,898
Northpointe Bank 1 3.75% $5,794
PENNYMAC LOAN SERVICES, LLC 1 3.00% $5,244
Plains Commerce Bank 1 5.63% $5,793
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.75% $3,471
STOCKTON MORTGAGE CORPORATION 1 6.75% $8,685
Stock Yards Bank & Trust Company 1 4.63% $5,627
TOWNE MORTGAGE COMPANY 1 6.63% $3,959
TRANSCEND 1 3.00% $5,691
UNITED WHOLESALE MORTGAGE, LLC 1 4.13% $6,947
WesBanco 1 3.38% $4,369
Bank of England 1 5.50% $7,032
BAY EQUITY LLC 1 3.99% $5,226
CALIBER HOME LOANS, INC. 1 4.00% $4,847
Citizens Bank 1 5.13% $4,055
CMG MORTGAGE, INC. 1 3.50% $5,811
Commonwealth Bank and Trust Company 1 2.88% $6,015
EVANSVILLE TEACHERS 1 4.88% $3,775
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.75% $6,307
FIRST COMMUNITY MORTGAGE, INC. 1 5.38% $4,938
FREEDOM MORTGAGE CORPORATION 1 5.25% $6,479
GUARANTY HOME MORTGAGE CORPORATION 1 3.75% $3,885

The top Elizabethtown USDA lender as defined by loan originations is PLAZA HOME MORTGAGE, INC., with 12 USDA loans originated. Their average total fees are $4,989, which is $947 higher than the next largest lender, EVERETT FINANCIAL, INC..

The lowest fee Elizabethtown USDA lenders (with over 10 loans originated) are PLAZA HOME MORTGAGE, INC. ($4,989), .

The lowest rate Elizabethtown USDA lenders (with over 10 loans originated) are PLAZA HOME MORTGAGE, INC. (4.13%), .


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
Elizabethtown's median listing price for 2024-01-01 was $316,250, a difference of $-250 (-0.1%) versus the prior year and $1,250 versus the prior month.

Elizabethtown's median listing price comes in at 77% of the national average.

Elizabethtown's average listing price for 2024-01-01 was $347,420, a difference of $8,466 (2.5%) versus the prior year and $1,089 versus the prior month.

For the 2024-01-01 period, Elizabethtown had 289 MLS listings, a difference of -25 listings (-8%) versus the prior month and 52 listings (22%) 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
Elizabethtown's median listing age (time on market) for 2024-01-01 was 67 days. This is 1% longer than the same period one year ago.

Elizabethtown's median square footage for active listings during the 2024-01-01 period was 1,902 sqft. One year prior, the average listing was 2,039 sqft.