Fort Lauderdale USDA Loan Rates, Closing Costs & Stats
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL
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.
Fort Lauderdale USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Fort Lauderdale
averaged
0%
for the week of 2024-04-12, compared to the national average (all USDA variants) of
6.705% for the same period.
Fort Lauderdale's average USDA mortgage closing costs are $0.
The average rate for the prior week (2024-04-05) was
0% and
one month ago for the week of 2024-03-08, the
average rate was 0%.
The average rate one year ago was 0%.
For refis of the same type during the week of 2024-04-12, the average rate
was 0%.
Fort Lauderdale 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 Fort Lauderdale level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|
The lowest fee Fort Lauderdale USDA lenders (with over 10 loans originated) are
.
The lowest rate Fort Lauderdale USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Fort Lauderdale (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 | $390,000 (4.0%) | $877,777 (3.0%) | 1.45 | 46,965 |
| 2018-02-01 | $389,950 (3.4%) | $875,940 (2.6%) | 1.42 | 48,000 |
| 2018-03-01 | $394,900 (3.3%) | $877,243 (2.1%) | 1.39 | 48,472 |
| 2018-04-01 | $397,250 (3.2%) | $878,487 (1.5%) | 1.35 | 48,105 |
| 2018-05-01 | $399,000 (2.7%) | $877,971 (0.5%) | 1.33 | 47,079 |
| 2018-06-01 | $399,000 (3.2%) | $876,877 (1.6%) | 1.33 | 46,265 |
| 2018-07-01 | $399,000 (2.2%) | $872,035 (1.4%) | 1.33 | 45,954 |
| 2018-08-01 | $398,750 (2.0%) | $864,389 (0.0%) | 1.34 | 45,632 |
| 2018-09-01 | $397,500 (1.9%) | $862,917 (-0.7%) | 1.34 | 46,077 |
| 2018-10-01 | $395,000 (1.4%) | $865,206 (0.5%) | 1.34 | 47,540 |
| 2018-11-01 | $395,000 (1.3%) | $870,007 (0.6%) | 1.34 | 49,385 |
| 2018-12-01 | $390,000 (0.0%) | $876,847 (1.0%) | 1.35 | 50,359 |
| 2019-01-01 | $390,000 (0.0%) | $877,182 (-0.1%) | 1.35 | 51,137 |
| 2019-02-01 | $390,000 (0.0%) | $880,033 (0.5%) | 1.32 | 52,897 |
| 2019-03-01 | $393,857 (-0.3%) | $880,719 (0.4%) | 1.29 | 52,211 |
| 2019-04-01 | $399,000 (0.4%) | $885,981 (0.9%) | 1.27 | 50,838 |
| 2019-05-01 | $399,900 (0.2%) | $894,521 (1.9%) | 1.25 | 49,415 |
| 2019-06-01 | $399,993 (0.3%) | $888,854 (1.4%) | 1.25 | 47,726 |
| 2019-07-01 | $400,000 (0.3%) | $884,100 (1.4%) | 1.25 | 46,161 |
| 2019-08-01 | $399,727 (0.3%) | $881,518 (2.0%) | 1.27 | 45,587 |
| 2019-09-01 | $399,318 (0.5%) | $884,240 (2.5%) | 1.28 | 45,049 |
| 2019-10-01 | $399,295 (1.1%) | $890,757 (3.0%) | 1.29 | 44,969 |
| 2019-11-01 | $399,900 (1.2%) | $914,850 (5.2%) | 1.31 | 45,819 |
| 2019-12-01 | $399,900 (2.5%) | $928,958 (5.9%) | 1.33 | 45,643 |
| 2020-01-01 | $399,000 (2.3%) | $936,963 (6.8%) | 1.33 | 44,972 |
| 2020-02-01 | $399,900 (2.5%) | $942,047 (7.1%) | 1.31 | 45,470 |
| 2020-03-01 | $399,950 (1.6%) | $943,092 (7.1%) | 1.25 | 45,265 |
| 2020-04-01 | $395,000 (-1.0%) | $909,526 (2.7%) | 1.24 | 44,428 |
| 2020-05-01 | $390,000 (-2.5%) | $914,374 (2.2%) | 1.19 | 43,836 |
| 2020-06-01 | $399,000 (-0.3%) | $928,947 (4.5%) | 1.18 | 42,714 |
| 2020-07-01 | $399,450 (-0.1%) | $951,359 (7.6%) | 1.16 | 40,285 |
| 2020-08-01 | $399,900 (0.0%) | $962,177 (9.2%) | 1.15 | 39,106 |
| 2020-09-01 | $400,000 (0.2%) | $977,488 (10.6%) | 1.15 | 38,034 |
| 2020-10-01 | $405,000 (1.4%) | $988,910 (11.0%) | 1.16 | 37,485 |
| 2020-11-01 | $400,000 (0.0%) | $988,828 (8.1%) | 1.17 | 37,076 |
| 2020-12-01 | $399,999 (0.0%) | $994,355 (7.0%) | 1.19 | 35,993 |
| 2021-01-01 | $399,000 (0.0%) | $986,024 (5.2%) | 1.19 | 33,467 |
| 2021-02-01 | $396,000 (-1.0%) | $1,001,349 (6.3%) | 1.15 | 30,510 |
| 2021-03-01 | $398,750 (-0.3%) | $1,025,276 (8.7%) | 1.13 | 26,860 |
| 2021-04-01 | $412,000 (4.3%) | $1,061,309 (16.7%) | 1.12 | 24,099 |
| 2021-05-01 | $429,000 (10.0%) | $1,116,370 (22.1%) | 1.14 | 21,800 |
| 2021-06-01 | $449,000 (12.5%) | $1,163,875 (25.3%) | 1.18 | 20,632 |
| 2021-07-01 | $455,500 (14.0%) | $1,159,295 (21.9%) | 1.20 | 20,962 |
| 2021-08-01 | $459,500 (14.9%) | $1,176,863 (22.3%) | 1.23 | 20,831 |
| 2021-09-01 | $467,450 (16.9%) | $1,208,002 (23.6%) | 1.25 | 20,297 |
| 2021-10-01 | $479,850 (18.5%) | $1,260,576 (27.5%) | 1.28 | 19,456 |
| 2021-11-01 | $482,500 (20.6%) | $1,304,770 (32.0%) | 1.29 | 18,302 |
| 2021-12-01 | $492,500 (23.1%) | $1,343,496 (35.1%) | 1.33 | 17,025 |
| 2022-01-01 | $495,000 (24.1%) | $1,399,371 (41.9%) | 1.34 | 15,401 |
| 2022-02-01 | $522,450 (31.9%) | $1,501,636 (50.0%) | 1.36 | 13,563 |
| 2022-03-01 | $544,500 (36.6%) | $1,566,457 (52.8%) | 1.36 | 13,063 |
| 2022-04-01 | $577,000 (40.1%) | $1,616,168 (52.3%) | 1.38 | 12,824 |
| 2022-05-01 | $622,000 (45.0%) | $1,623,263 (45.4%) | 1.42 | 14,723 |
| 2022-06-01 | $625,000 (39.2%) | $1,531,062 (31.6%) | 1.39 | 17,323 |
| 2022-07-01 | $620,000 (36.1%) | $1,432,579 (23.6%) | 1.40 | 21,070 |
| 2022-08-01 | $604,000 (31.5%) | $1,406,924 (19.6%) | 1.40 | 22,462 |
| 2022-09-01 | $599,000 (28.1%) | $1,393,945 (15.4%) | 1.40 | 22,559 |
| 2022-10-01 | $599,000 (24.8%) | $1,407,112 (11.6%) | 1.41 | 23,833 |
| 2022-11-01 | $599,000 (24.2%) | $1,431,246 (9.7%) | 1.44 | 25,517 |
| 2022-12-01 | $595,000 (20.8%) | $1,461,330 (8.8%) | 1.47 | 25,912 |
| 2023-01-01 | $595,000 (20.2%) | $1,473,844 (5.3%) | 1.47 | 25,920 |
| 2023-02-01 | $599,000 (14.7%) | $1,503,920 (0.2%) | 1.45 | 25,462 |
| 2023-03-01 | $599,444 (10.1%) | $1,521,207 (-2.9%) | 1.41 | 24,536 |
| 2023-04-01 | $605,000 (4.9%) | $1,570,111 (-2.9%) | 1.41 | 23,340 |
| 2023-05-01 | $607,598 (-2.3%) | $1,579,899 (-2.7%) | 1.38 | 22,854 |
| 2023-06-01 | $604,848 (-3.2%) | $1,548,211 (1.1%) | 1.36 | 22,583 |
| 2023-07-01 | $600,995 (-3.1%) | $1,497,098 (4.5%) | 1.37 | 22,403 |
| 2023-08-01 | $600,000 (-0.7%) | $1,468,712 (4.4%) | 1.38 | 22,488 |
| 2023-09-01 | $599,000 (0.0%) | $1,445,209 (3.7%) | 1.39 | 24,077 |
| 2023-10-01 | $598,500 (-0.1%) | $1,453,940 (3.3%) | 1.41 | 26,415 |
| 2023-11-01 | $594,973 (-0.7%) | $1,473,559 (3.0%) | 1.42 | 29,158 |
| 2023-12-01 | $579,900 (-2.5%) | $1,467,078 (0.4%) | 1.41 | 30,835 |
| 2024-01-01 | $564,500 (-5.1%) | $1,460,653 (-0.9%) | 1.38 | 32,515 |
| 2024-02-01 | $550,000 (-8.2%) | $1,417,762 (-5.7%) | 1.32 | 34,971 |
| 2024-03-01 | $549,000 (-8.4%) | $1,373,035 (-9.7%) | 1.29 | 36,367 |
Fort Lauderdale's median listing price comes in at 129% of the national average.
Fort Lauderdale's average listing price for 2024-03-01 was $1,373,035, a difference of $-148,172 (-9.7%) versus the prior year and $-44,727 versus the prior month.
For the 2024-03-01 period, Fort Lauderdale had 36,367 MLS listings, a difference of 1,396 listings (4%) versus the prior month and 11,831 listings (48%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Fort Lauderdale (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 81 days | 1,498 sqft |
| 2018-02-01 | 78 days | 1,499 sqft |
| 2018-03-01 | 72 days | 1,500 sqft |
| 2018-04-01 | 74 days | 1,501 sqft |
| 2018-05-01 | 76 days | 1,506 sqft |
| 2018-06-01 | 79 days | 1,515 sqft |
| 2018-07-01 | 80 days | 1,517 sqft |
| 2018-08-01 | 81 days | 1,513 sqft |
| 2018-09-01 | 81 days | 1,510 sqft |
| 2018-10-01 | 78 days | 1,507 sqft |
| 2018-11-01 | 75 days | 1,510 sqft |
| 2018-12-01 | 79 days | 1,507 sqft |
| 2019-01-01 | 83 days | 1,505 sqft |
| 2019-02-01 | 81 days | 1,507 sqft |
| 2019-03-01 | 79 days | 1,512 sqft |
| 2019-04-01 | 78 days | 1,520 sqft |
| 2019-05-01 | 81 days | 1,526 sqft |
| 2019-06-01 | 85 days | 1,527 sqft |
| 2019-07-01 | 86 days | 1,530 sqft |
| 2019-08-01 | 86 days | 1,524 sqft |
| 2019-09-01 | 86 days | 1,516 sqft |
| 2019-10-01 | 85 days | 1,508 sqft |
| 2019-11-01 | 81 days | 1,506 sqft |
| 2019-12-01 | 84 days | 1,500 sqft |
| 2020-01-01 | 87 days | 1,499 sqft |
| 2020-02-01 | 82 days | 1,488 sqft |
| 2020-03-01 | 74 days | 1,485 sqft |
| 2020-04-01 | 82 days | 1,461 sqft |
| 2020-05-01 | 94 days | 1,450 sqft |
| 2020-06-01 | 103 days | 1,437 sqft |
| 2020-07-01 | 96 days | 1,406 sqft |
| 2020-08-01 | 82 days | 1,389 sqft |
| 2020-09-01 | 81 days | 1,381 sqft |
| 2020-10-01 | 81 days | 1,376 sqft |
| 2020-11-01 | 79 days | 1,366 sqft |
| 2020-12-01 | 81 days | 1,357 sqft |
| 2021-01-01 | 83 days | 1,334 sqft |
| 2021-02-01 | 75 days | 1,303 sqft |
| 2021-03-01 | 64 days | 1,293 sqft |
| 2021-04-01 | 60 days | 1,296 sqft |
| 2021-05-01 | 56 days | 1,312 sqft |
| 2021-06-01 | 53 days | 1,341 sqft |
| 2021-07-01 | 52 days | 1,361 sqft |
| 2021-08-01 | 53 days | 1,365 sqft |
| 2021-09-01 | 54 days | 1,369 sqft |
| 2021-10-01 | 55 days | 1,376 sqft |
| 2021-11-01 | 56 days | 1,376 sqft |
| 2021-12-01 | 58 days | 1,366 sqft |
| 2022-01-01 | 61 days | 1,356 sqft |
| 2022-02-01 | 48 days | 1,364 sqft |
| 2022-03-01 | 40 days | 1,387 sqft |
| 2022-04-01 | 40 days | 1,435 sqft |
| 2022-05-01 | 36 days | 1,488 sqft |
| 2022-06-01 | 37 days | 1,500 sqft |
| 2022-07-01 | 40 days | 1,512 sqft |
| 2022-08-01 | 49 days | 1,513 sqft |
| 2022-09-01 | 57 days | 1,515 sqft |
| 2022-10-01 | 60 days | 1,518 sqft |
| 2022-11-01 | 61 days | 1,516 sqft |
| 2022-12-01 | 66 days | 1,500 sqft |
| 2023-01-01 | 72 days | 1,488 sqft |
| 2023-02-01 | 67 days | 1,472 sqft |
| 2023-03-01 | 60 days | 1,459 sqft |
| 2023-04-01 | 63 days | 1,452 sqft |
| 2023-05-01 | 63 days | 1,442 sqft |
| 2023-06-01 | 62 days | 1,441 sqft |
| 2023-07-01 | 64 days | 1,434 sqft |
| 2023-08-01 | 62 days | 1,426 sqft |
| 2023-09-01 | 58 days | 1,417 sqft |
| 2023-10-01 | 56 days | 1,422 sqft |
| 2023-11-01 | 57 days | 1,425 sqft |
| 2023-12-01 | 61 days | 1,406 sqft |
| 2024-01-01 | 68 days | 1,394 sqft |
| 2024-02-01 | 62 days | 1,375 sqft |
| 2024-03-01 | 58 days | 1,362 sqft |
Fort Lauderdale's median square footage for active listings during the 2024-03-01 period was 1,362 sqft. One year prior, the average listing was 1,459 sqft.