Fayetteville USDA Loan Rates, Closing Costs & Stats

FAYETTEVILLE, NC

  • 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.

    Fayetteville's 32 lenders originated 59 USDA loans during 2023. The total origination value was $16,595,000, with an average USDA loan value of $281,271.

    Fayetteville USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Fayetteville averaged 6.22% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Fayetteville's average USDA mortgage closing costs are $5,118.

    The average rate for the prior week (2025-02-07) was 6.18% and one month ago for the week of 2025-01-10, the average rate was 6.32%.

    The average rate one year ago was 6.22%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.77%.

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

    Fayetteville 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 Fayetteville level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    MOVEMENT MORTGAGE, LLC 6 6.38% $9,039
    JET HOMELOANS, LLC 5 6.05% $9,420
    CROSSCOUNTRY MORTGAGE, LLC 4 6.66% $5,837
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.67% $9,317
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 6.46% $10,045
    Truist 3 5.63% $8,050
    CORNERSTONE HOME LENDING, INC. 3 5.91% $8,395
    Alcova Mortgage LLC 2 7.00% $3,853
    EQUITY RESOURCES, INC. 2 6.00% $7,822
    Keystone Funding, Inc. 2 6.13% $7,537
    UNITED WHOLESALE MORTGAGE, LLC 2 6.16% $8,917
    Towne Mortgage of the Carolinas, LLC 1 6.25% $7,075
    BAYSHORE MORTGAGE FUNDING, LLC 1 5.63% $13,666
    FIRST HOME MORTGAGE CORPORATION 1 7.00% $7,696
    Flagstar Bank, FSB 1 6.25% $7,101
    GoPrime Mortgage, Inc. 1 6.38% $6,695
    GUILD MORTGAGE COMPANY 1 6.88% $10,001
    HOMESIDE FINANCIAL, LLC 1 6.63% $8,141
    Bank of England 1 7.63% $6,376
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.25% $9,654
    Mortgage Research Center, LLC 1 5.75% $2,124
    AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 1 6.25% $9,654
    NEWREZ LLC 1 6.25% $7,366
    NFM, INC. 1 7.13% $6,023
    NTFN, INC. 1 6.13% $7,571
    SECURITYNATIONAL MORTGAGE COMPANY 1 6.75% $6,997
    Shamrock Home Loans, Inc. 1 6.25% $6,272
    The Central Trust Bank 1 6.63% $5,228
    The Fidelity Bank 1 6.13% $4,971
    CMG MORTGAGE, INC. 1 6.25% $8,600
    CBM Mortgage, Inc. 1 5.13% $15,485
    CARDINAL FINANCIAL 1 5.50% $13,472

    The top Fayetteville USDA lender as defined by loan originations is MOVEMENT MORTGAGE, LLC, with 6 USDA loans originated. Their average total fees are $9,039, which is $381 lower than the next largest lender, JET HOMELOANS, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Fayetteville (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 $155,000 (7.7%) $180,242 (3.8%) 0.63 2,233
    2018-02-01 $156,500 (4.9%) $181,056 (1.8%) 0.62 2,189
    2018-03-01 $159,900 (6.6%) $181,991 (2.3%) 0.61 2,197
    2018-04-01 $160,000 (6.7%) $184,191 (3.3%) 0.61 2,154
    2018-05-01 $162,250 (7.5%) $185,750 (4.2%) 0.59 2,146
    2018-06-01 $161,500 (4.2%) $187,680 (4.1%) 0.59 2,143
    2018-07-01 $161,725 (2.0%) $187,501 (3.2%) 0.59 2,145
    2018-08-01 $163,098 (3.1%) $188,558 (3.5%) 0.60 2,077
    2018-09-01 $161,990 (4.5%) $189,021 (4.2%) 0.60 2,077
    2018-10-01 $161,000 (3.0%) $188,850 (4.2%) 0.61 1,984
    2018-11-01 $159,990 (3.2%) $190,049 (5.4%) 0.61 1,957
    2018-12-01 $159,900 (3.2%) $188,404 (4.8%) 0.61 1,902
    2019-01-01 $162,368 (4.8%) $191,274 (6.1%) 0.62 1,757
    2019-02-01 $169,500 (8.3%) $197,370 (9.0%) 0.64 1,674
    2019-03-01 $180,343 (12.8%) $204,572 (12.4%) 0.65 1,559
    2019-04-01 $183,743 (14.8%) $208,766 (13.3%) 0.65 1,495
    2019-05-01 $176,473 (8.8%) $206,205 (11.0%) 0.62 1,477
    2019-06-01 $180,900 (12.0%) $209,003 (11.4%) 0.62 1,510
    2019-07-01 $179,950 (11.3%) $207,784 (10.8%) 0.63 1,537
    2019-08-01 $180,609 (10.7%) $206,195 (9.4%) 0.63 1,522
    2019-09-01 $181,673 (12.2%) $206,018 (9.0%) 0.64 1,503
    2019-10-01 $182,382 (13.3%) $205,776 (9.0%) 0.64 1,487
    2019-11-01 $185,000 (15.6%) $206,981 (8.9%) 0.65 1,443
    2019-12-01 $182,475 (14.1%) $204,997 (8.8%) 0.67 1,371
    2020-01-01 $188,475 (16.1%) $208,653 (9.1%) 0.69 1,242
    2020-02-01 $189,000 (11.5%) $209,623 (6.2%) 0.70 1,143
    2020-03-01 $190,613 (5.7%) $212,941 (4.1%) 0.66 984
    2020-04-01 $190,413 (3.6%) $217,049 (4.0%) 0.68 922
    2020-05-01 $199,600 (13.1%) $223,521 (8.4%) 0.68 758
    2020-06-01 $210,450 (16.3%) $232,839 (11.4%) 0.69 620
    2020-07-01 $216,838 (20.5%) $237,852 (14.5%) 0.69 584
    2020-08-01 $220,000 (21.8%) $240,953 (16.9%) 0.70 527
    2020-09-01 $215,000 (18.3%) $241,483 (17.2%) 0.70 519
    2020-10-01 $205,000 (12.4%) $240,597 (16.9%) 0.69 496
    2020-11-01 $210,598 (13.8%) $238,599 (15.3%) 0.69 457
    2020-12-01 $212,500 (16.5%) $248,439 (21.2%) 0.70 435
    2021-01-01 $212,900 (13.0%) $243,487 (16.7%) 0.69 400
    2021-02-01 $219,500 (16.1%) $250,746 (19.6%) 0.67 333
    2021-03-01 $198,450 (4.1%) $237,057 (11.3%) 0.61 297
    2021-04-01 $193,350 (1.5%) $234,624 (8.1%) 0.58 303
    2021-05-01 $199,900 (0.2%) $235,053 (5.2%) 0.58 314
    2021-06-01 $199,925 (-5.0%) $239,816 (3.0%) 0.58 371
    2021-07-01 $199,500 (-8.0%) $241,751 (1.6%) 0.58 434
    2021-08-01 $204,985 (-6.8%) $240,998 (0.0%) 0.61 502
    2021-09-01 $202,125 (-6.0%) $240,702 (-0.3%) 0.61 497
    2021-10-01 $198,750 (-3.1%) $242,821 (0.9%) 0.60 517
    2021-11-01 $202,083 (-4.0%) $251,302 (5.3%) 0.62 469
    2021-12-01 $217,450 (2.3%) $259,835 (4.6%) 0.65 414
    2022-01-01 $225,000 (5.7%) $270,007 (10.9%) 0.67 363
    2022-02-01 $227,950 (3.9%) $269,788 (7.6%) 0.65 313
    2022-03-01 $220,000 (10.9%) $264,755 (11.7%) 0.59 312
    2022-04-01 $240,000 (24.1%) $277,911 (18.5%) 0.64 343
    2022-05-01 $258,961 (29.6%) $287,546 (22.3%) 0.67 408
    2022-06-01 $271,825 (36.0%) $290,360 (21.1%) 0.66 530
    2022-07-01 $279,570 (40.1%) $298,697 (23.6%) 0.69 582
    2022-08-01 $296,725 (44.8%) $307,710 (27.7%) 0.75 624
    2022-09-01 $299,450 (48.2%) $311,930 (29.6%) 0.77 602
    2022-10-01 $311,620 (56.8%) $315,616 (30.0%) 0.79 610
    2022-11-01 $322,488 (59.6%) $320,796 (27.7%) 0.82 657
    2022-12-01 $315,000 (44.9%) $320,513 (23.4%) 0.83 659
    2023-01-01 $329,900 (46.6%) $330,424 (22.4%) 0.84 607
    2023-02-01 $329,955 (44.8%) $333,478 (23.6%) 0.82 570
    2023-03-01 $330,925 (50.4%) $335,132 (26.6%) 0.82 538
    2023-04-01 $323,950 (35.0%) $328,409 (18.2%) 0.79 523
    2023-05-01 $321,500 (24.2%) $328,940 (14.4%) 0.78 508
    2023-06-01 $326,425 (20.1%) $332,612 (14.6%) 0.78 510
    2023-07-01 $317,000 (13.4%) $324,577 (8.7%) 0.77 545
    2023-08-01 $317,965 (7.2%) $325,644 (5.8%) 0.77 622
    2023-09-01 $315,990 (5.5%) $324,470 (4.0%) 0.77 760
    2023-10-01 $316,475 (1.6%) $324,877 (2.9%) 0.77 847
    2023-11-01 $315,000 (-2.3%) $327,609 (2.1%) 0.78 895
    2023-12-01 $309,706 (-1.7%) $319,893 (-0.2%) 0.79 960
    2024-01-01 $312,350 (-5.3%) $317,706 (-3.9%) 0.79 871
    2024-02-01 $309,827 (-6.1%) $316,341 (-5.1%) 0.78 864
    2024-03-01 $309,950 (-6.3%) $318,484 (-5.0%) 0.76 850
    2024-04-01 $313,325 (-3.3%) $319,384 (-2.8%) 0.76 868
    2024-05-01 $321,853 (0.1%) $329,109 (0.1%) 0.75 929
    2024-06-01 $315,950 (-3.2%) $321,896 (-3.2%) 0.74 1,051
    2024-07-01 $310,920 (-1.9%) $316,873 (-2.4%) 0.74 1,158
    2024-08-01 $314,950 (-1.0%) $317,186 (-2.6%) 0.76 1,195
    2024-09-01 $314,975 (-0.3%) $320,912 (-1.1%) 0.76 1,263
    2024-10-01 $315,988 (-0.2%) $318,332 (-2.0%) 0.76 1,300
    2024-11-01 $316,450 (0.5%) $318,934 (-2.7%) 0.78 1,379
    2024-12-01 $319,828 (3.3%) $319,931 (0.0%) 0.81 1,391
    2025-01-01 $319,962 (2.4%) $317,444 (-0.1%) 0.00 1,355
    Fayetteville's median listing price for 2025-01-01 was $319,962, a difference of $7,612 (2.4%) versus the prior year and $134 versus the prior month.

    Fayetteville's median listing price comes in at 0% of the national average.

    Fayetteville's average listing price for 2025-01-01 was $317,444, a difference of $-262 (-0.1%) versus the prior year and $-2,487 versus the prior month.

    For the 2025-01-01 period, Fayetteville had 1,355 MLS listings, a difference of -36 listings (-3%) versus the prior month and 484 listings (56%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Fayetteville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 95 days 1,750 sqft
    2018-02-01 92 days 1,750 sqft
    2018-03-01 74 days 1,750 sqft
    2018-04-01 69 days 1,850 sqft
    2018-05-01 66 days 1,850 sqft
    2018-06-01 66 days 1,850 sqft
    2018-07-01 69 days 1,850 sqft
    2018-08-01 71 days 1,850 sqft
    2018-09-01 74 days 1,850 sqft
    2018-10-01 81 days 1,850 sqft
    2018-11-01 85 days 1,850 sqft
    2018-12-01 86 days 1,850 sqft
    2019-01-01 85 days 1,850 sqft
    2019-02-01 82 days 1,853 sqft
    2019-03-01 72 days 1,908 sqft
    2019-04-01 62 days 1,945 sqft
    2019-05-01 57 days 1,880 sqft
    2019-06-01 58 days 1,950 sqft
    2019-07-01 59 days 1,950 sqft
    2019-08-01 61 days 1,950 sqft
    2019-09-01 63 days 1,950 sqft
    2019-10-01 65 days 1,950 sqft
    2019-11-01 66 days 1,950 sqft
    2019-12-01 74 days 1,895 sqft
    2020-01-01 80 days 1,950 sqft
    2020-02-01 68 days 1,950 sqft
    2020-03-01 54 days 1,950 sqft
    2020-04-01 56 days 1,950 sqft
    2020-05-01 60 days 2,018 sqft
    2020-06-01 55 days 2,056 sqft
    2020-07-01 53 days 2,100 sqft
    2020-08-01 51 days 2,100 sqft
    2020-09-01 48 days 2,052 sqft
    2020-10-01 46 days 1,950 sqft
    2020-11-01 50 days 1,950 sqft
    2020-12-01 51 days 1,975 sqft
    2021-01-01 50 days 1,950 sqft
    2021-02-01 39 days 1,969 sqft
    2021-03-01 30 days 1,850 sqft
    2021-04-01 34 days 1,848 sqft
    2021-05-01 33 days 1,901 sqft
    2021-06-01 33 days 1,850 sqft
    2021-07-01 34 days 1,850 sqft
    2021-08-01 33 days 1,850 sqft
    2021-09-01 38 days 1,828 sqft
    2021-10-01 40 days 1,816 sqft
    2021-11-01 44 days 1,837 sqft
    2021-12-01 48 days 1,850 sqft
    2022-01-01 50 days 1,850 sqft
    2022-02-01 35 days 1,850 sqft
    2022-03-01 34 days 1,800 sqft
    2022-04-01 25 days 1,850 sqft
    2022-05-01 29 days 1,950 sqft
    2022-06-01 28 days 1,962 sqft
    2022-07-01 34 days 2,100 sqft
    2022-08-01 37 days 2,100 sqft
    2022-09-01 44 days 2,100 sqft
    2022-10-01 54 days 2,224 sqft
    2022-11-01 56 days 2,226 sqft
    2022-12-01 60 days 2,300 sqft
    2023-01-01 73 days 2,300 sqft
    2023-02-01 69 days 2,278 sqft
    2023-03-01 50 days 2,192 sqft
    2023-04-01 46 days 2,111 sqft
    2023-05-01 45 days 2,088 sqft
    2023-06-01 45 days 2,114 sqft
    2023-07-01 43 days 2,047 sqft
    2023-08-01 43 days 2,008 sqft
    2023-09-01 44 days 1,998 sqft
    2023-10-01 45 days 2,026 sqft
    2023-11-01 51 days 2,000 sqft
    2023-12-01 58 days 1,981 sqft
    2024-01-01 63 days 1,971 sqft
    2024-02-01 54 days 1,930 sqft
    2024-03-01 49 days 1,955 sqft
    2024-04-01 43 days 1,953 sqft
    2024-05-01 37 days 2,000 sqft
    2024-06-01 40 days 1,976 sqft
    2024-07-01 45 days 1,965 sqft
    2024-08-01 51 days 1,978 sqft
    2024-09-01 58 days 1,966 sqft
    2024-10-01 58 days 1,973 sqft
    2024-11-01 59 days 1,968 sqft
    2024-12-01 66 days 1,978 sqft
    2025-01-01 0 days 1,982 sqft
    Fayetteville's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Fayetteville's median square footage for active listings during the 2025-01-01 period was 1,982 sqft. One year prior, the average listing was 1,971 sqft.