Fort Wayne USDA Loan Rates, Closing Costs & Stats
FORT WAYNE, IN
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 Wayne's 15 lenders originated 33 USDA loans during 2023. The total origination value was $6,845,000, with an average USDA loan value of $207,424.
Fort Wayne USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Fort Wayne
averaged
6.56%
for the week of 2025-02-14, compared to the national average (all USDA variants) of
6.526% for the same period.
Fort Wayne's average USDA mortgage closing costs are $3,812.
The average rate for the prior week (2025-02-07) was
6.62% and
one month ago for the week of 2025-01-10, the
average rate was 6.86%.
The average rate one year ago was 6.46%.
For refis of the same type during the week of 2025-02-14, the average rate
was 6.95%.
Fort Wayne 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 Wayne level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| RUOFF MORTGAGE COMPANY, INC. | 8 | 6.77% | $4,294 |
| DHI MORTGAGE COMPANY, LTD. | 6 | 5.51% | $4,900 |
| GVC MORTGAGE, INC. | 5 | 7.18% | $5,582 |
| CALIBER HOME LOANS, INC. | 2 | 6.25% | $4,902 |
| ACADEMY MORTGAGE CORPORATION | 2 | 7.25% | $5,247 |
| GENEVA FINANCIAL, LLC | 1 | 7.13% | $7,379 |
| GUILD MORTGAGE COMPANY | 1 | 7.13% | $6,683 |
| Nations Lending Corporation | 1 | 7.75% | $3,134 |
| NEWREZ LLC | 1 | 6.50% | $4,905 |
| STOCKTON MORTGAGE CORPORATION | 1 | 6.25% | $8,258 |
| Union Savings Bank | 1 | 6.88% | $3,555 |
| AMERICAN PACIFIC MORTGAGE CORPORATION | 1 | 6.00% | $7,700 |
| CARDINAL FINANCIAL | 1 | 7.25% | $3,443 |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | 1 | 7.13% | $7,115 |
| Fifth Third Bank | 1 | 6.13% | $6,184 |
The top Fort Wayne USDA lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with
8 USDA loans originated. Their average total fees are
$4,294, which is $606
lower than the next largest lender,
DHI MORTGAGE COMPANY, LTD..
The lowest fee Fort Wayne USDA lenders (with over 10 loans originated) are
.
The lowest rate Fort Wayne USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Fort Wayne (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 | $169,925 (21.5%) | $239,831 (6.7%) | 0.65 | 929 |
| 2018-02-01 | $179,700 (20.2%) | $249,833 (6.0%) | 0.66 | 881 |
| 2018-03-01 | $188,945 (7.0%) | $267,664 (4.9%) | 0.67 | 787 |
| 2018-04-01 | $195,860 (8.9%) | $280,885 (7.5%) | 0.68 | 757 |
| 2018-05-01 | $191,610 (3.5%) | $275,924 (6.0%) | 0.65 | 840 |
| 2018-06-01 | $197,780 (9.5%) | $277,999 (11.0%) | 0.66 | 868 |
| 2018-07-01 | $198,850 (10.5%) | $277,885 (10.5%) | 0.66 | 974 |
| 2018-08-01 | $191,410 (8.7%) | $264,755 (3.0%) | 0.65 | 1,040 |
| 2018-09-01 | $189,900 (8.5%) | $259,757 (-0.2%) | 0.65 | 1,104 |
| 2018-10-01 | $186,200 (8.3%) | $257,791 (-1.3%) | 0.64 | 1,104 |
| 2018-11-01 | $181,201 (6.9%) | $254,146 (-0.9%) | 0.63 | 1,085 |
| 2018-12-01 | $179,900 (9.1%) | $255,345 (9.2%) | 0.64 | 937 |
| 2019-01-01 | $182,425 (7.4%) | $258,037 (7.6%) | 0.65 | 840 |
| 2019-02-01 | $199,900 (11.2%) | $275,111 (10.1%) | 0.70 | 731 |
| 2019-03-01 | $217,814 (15.3%) | $277,496 (3.7%) | 0.72 | 645 |
| 2019-04-01 | $232,764 (18.8%) | $276,440 (-1.6%) | 0.74 | 554 |
| 2019-05-01 | $232,400 (21.3%) | $282,528 (2.4%) | 0.74 | 574 |
| 2019-06-01 | $229,900 (16.2%) | $281,271 (1.2%) | 0.73 | 663 |
| 2019-07-01 | $227,450 (14.4%) | $280,234 (0.9%) | 0.72 | 734 |
| 2019-08-01 | $218,155 (14.0%) | $277,987 (5.0%) | 0.70 | 791 |
| 2019-09-01 | $207,886 (9.5%) | $269,243 (3.7%) | 0.67 | 882 |
| 2019-10-01 | $199,550 (7.2%) | $261,113 (1.3%) | 0.65 | 951 |
| 2019-11-01 | $194,900 (7.6%) | $254,947 (0.3%) | 0.65 | 926 |
| 2019-12-01 | $199,604 (11.0%) | $256,682 (0.5%) | 0.69 | 825 |
| 2020-01-01 | $199,900 (9.6%) | $256,126 (-0.7%) | 0.70 | 700 |
| 2020-02-01 | $227,950 (14.0%) | $286,124 (4.0%) | 0.78 | 575 |
| 2020-03-01 | $246,400 (13.1%) | $294,602 (6.2%) | 0.79 | 562 |
| 2020-04-01 | $237,400 (2.0%) | $286,777 (3.7%) | 0.76 | 575 |
| 2020-05-01 | $235,000 (1.1%) | $283,506 (0.4%) | 0.73 | 573 |
| 2020-06-01 | $238,207 (3.6%) | $286,970 (2.0%) | 0.71 | 490 |
| 2020-07-01 | $234,900 (3.3%) | $298,599 (6.6%) | 0.69 | 494 |
| 2020-08-01 | $234,900 (7.7%) | $298,620 (7.4%) | 0.68 | 486 |
| 2020-09-01 | $220,650 (6.1%) | $277,972 (3.2%) | 0.64 | 500 |
| 2020-10-01 | $216,750 (8.6%) | $281,665 (7.9%) | 0.63 | 453 |
| 2020-11-01 | $220,000 (12.9%) | $283,393 (11.2%) | 0.65 | 425 |
| 2020-12-01 | $219,450 (9.9%) | $281,197 (9.6%) | 0.65 | 355 |
| 2021-01-01 | $216,450 (8.3%) | $279,691 (9.2%) | 0.66 | 303 |
| 2021-02-01 | $230,900 (1.3%) | $291,929 (2.0%) | 0.67 | 264 |
| 2021-03-01 | $232,769 (-5.5%) | $279,760 (-5.0%) | 0.67 | 244 |
| 2021-04-01 | $246,395 (3.8%) | $298,949 (4.2%) | 0.67 | 210 |
| 2021-05-01 | $249,450 (6.2%) | $305,809 (7.9%) | 0.66 | 218 |
| 2021-06-01 | $230,450 (-3.3%) | $301,382 (5.0%) | 0.61 | 263 |
| 2021-07-01 | $245,000 (4.3%) | $330,569 (10.7%) | 0.66 | 312 |
| 2021-08-01 | $239,675 (2.0%) | $306,321 (2.6%) | 0.67 | 387 |
| 2021-09-01 | $229,791 (4.1%) | $294,959 (6.1%) | 0.62 | 396 |
| 2021-10-01 | $222,450 (2.6%) | $284,734 (1.1%) | 0.60 | 388 |
| 2021-11-01 | $229,916 (4.5%) | $291,324 (2.8%) | 0.62 | 385 |
| 2021-12-01 | $231,441 (5.5%) | $289,296 (2.9%) | 0.63 | 356 |
| 2022-01-01 | $249,900 (15.5%) | $303,809 (8.6%) | 0.68 | 265 |
| 2022-02-01 | $289,573 (25.4%) | $327,391 (12.2%) | 0.75 | 244 |
| 2022-03-01 | $260,623 (12.0%) | $306,946 (9.7%) | 0.65 | 237 |
| 2022-04-01 | $273,450 (11.0%) | $313,422 (4.8%) | 0.66 | 255 |
| 2022-05-01 | $278,225 (11.5%) | $313,281 (2.4%) | 0.64 | 334 |
| 2022-06-01 | $284,950 (23.7%) | $317,595 (5.4%) | 0.64 | 427 |
| 2022-07-01 | $289,000 (18.0%) | $328,940 (-0.5%) | 0.65 | 489 |
| 2022-08-01 | $295,625 (23.3%) | $330,735 (8.0%) | 0.69 | 489 |
| 2022-09-01 | $299,900 (30.5%) | $334,910 (13.5%) | 0.70 | 517 |
| 2022-10-01 | $299,900 (34.8%) | $336,867 (18.3%) | 0.70 | 600 |
| 2022-11-01 | $287,900 (25.2%) | $331,893 (13.9%) | 0.70 | 612 |
| 2022-12-01 | $284,900 (23.1%) | $325,741 (12.6%) | 0.72 | 552 |
| 2023-01-01 | $309,949 (24.0%) | $347,742 (14.5%) | 0.77 | 454 |
| 2023-02-01 | $319,400 (10.3%) | $366,645 (12.0%) | 0.77 | 397 |
| 2023-03-01 | $344,450 (32.2%) | $401,734 (30.9%) | 0.80 | 366 |
| 2023-04-01 | $339,900 (24.3%) | $391,479 (24.9%) | 0.80 | 430 |
| 2023-05-01 | $348,150 (25.1%) | $402,499 (28.5%) | 0.79 | 450 |
| 2023-06-01 | $349,675 (22.7%) | $406,878 (28.1%) | 0.79 | 515 |
| 2023-07-01 | $349,900 (21.1%) | $405,552 (23.3%) | 0.80 | 552 |
| 2023-08-01 | $326,700 (10.5%) | $385,415 (16.5%) | 0.76 | 613 |
| 2023-09-01 | $309,900 (3.3%) | $377,386 (12.7%) | 0.73 | 646 |
| 2023-10-01 | $299,900 (0.0%) | $365,079 (8.4%) | 0.71 | 735 |
| 2023-11-01 | $304,925 (5.9%) | $360,475 (8.6%) | 0.73 | 741 |
| 2023-12-01 | $299,900 (5.3%) | $355,002 (9.0%) | 0.73 | 702 |
| 2024-01-01 | $308,650 (-0.4%) | $363,522 (4.5%) | 0.76 | 595 |
| 2024-02-01 | $314,175 (-1.6%) | $369,620 (0.8%) | 0.76 | 514 |
| 2024-03-01 | $321,788 (-6.6%) | $385,213 (-4.1%) | 0.76 | 505 |
| 2024-04-01 | $321,400 (-5.4%) | $390,870 (-0.2%) | 0.75 | 511 |
| 2024-05-01 | $332,450 (-4.5%) | $402,838 (0.1%) | 0.77 | 581 |
| 2024-06-01 | $320,250 (-8.4%) | $383,651 (-5.7%) | 0.75 | 662 |
| 2024-07-01 | $309,950 (-11.4%) | $371,022 (-8.5%) | 0.72 | 755 |
| 2024-08-01 | $310,000 (-5.1%) | $365,915 (-5.1%) | 0.73 | 781 |
| 2024-09-01 | $301,225 (-2.8%) | $363,390 (-3.7%) | 0.72 | 800 |
| 2024-10-01 | $299,450 (-0.2%) | $352,090 (-3.6%) | 0.71 | 870 |
| 2024-11-01 | $289,900 (-4.9%) | $347,252 (-3.7%) | 0.71 | 900 |
| 2024-12-01 | $284,975 (-5.0%) | $343,860 (-3.1%) | 0.72 | 831 |
| 2025-01-01 | $289,950 (-6.1%) | $343,169 (-5.6%) | 0.00 | 764 |
Fort Wayne's median listing price comes in at 0% of the national average.
Fort Wayne's average listing price for 2025-01-01 was $343,169, a difference of $-20,353 (-5.6%) versus the prior year and $-691 versus the prior month.
For the 2025-01-01 period, Fort Wayne had 764 MLS listings, a difference of -67 listings (-8%) versus the prior month and 169 listings (28%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Fort Wayne (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 66 days | 1,854 sqft |
| 2018-02-01 | 54 days | 1,882 sqft |
| 2018-03-01 | 46 days | 1,956 sqft |
| 2018-04-01 | 41 days | 1,997 sqft |
| 2018-05-01 | 30 days | 1,969 sqft |
| 2018-06-01 | 30 days | 2,060 sqft |
| 2018-07-01 | 30 days | 2,058 sqft |
| 2018-08-01 | 34 days | 1,963 sqft |
| 2018-09-01 | 38 days | 1,956 sqft |
| 2018-10-01 | 39 days | 1,960 sqft |
| 2018-11-01 | 44 days | 1,951 sqft |
| 2018-12-01 | 57 days | 1,931 sqft |
| 2019-01-01 | 62 days | 1,914 sqft |
| 2019-02-01 | 57 days | 1,902 sqft |
| 2019-03-01 | 49 days | 1,904 sqft |
| 2019-04-01 | 45 days | 1,914 sqft |
| 2019-05-01 | 30 days | 2,019 sqft |
| 2019-06-01 | 30 days | 2,024 sqft |
| 2019-07-01 | 30 days | 1,980 sqft |
| 2019-08-01 | 33 days | 1,959 sqft |
| 2019-09-01 | 37 days | 1,931 sqft |
| 2019-10-01 | 40 days | 1,912 sqft |
| 2019-11-01 | 40 days | 1,903 sqft |
| 2019-12-01 | 49 days | 1,905 sqft |
| 2020-01-01 | 58 days | 1,906 sqft |
| 2020-02-01 | 58 days | 1,979 sqft |
| 2020-03-01 | 34 days | 1,991 sqft |
| 2020-04-01 | 40 days | 1,936 sqft |
| 2020-05-01 | 40 days | 1,963 sqft |
| 2020-06-01 | 38 days | 1,960 sqft |
| 2020-07-01 | 36 days | 1,960 sqft |
| 2020-08-01 | 31 days | 1,968 sqft |
| 2020-09-01 | 30 days | 1,902 sqft |
| 2020-10-01 | 33 days | 1,910 sqft |
| 2020-11-01 | 33 days | 1,918 sqft |
| 2020-12-01 | 39 days | 1,863 sqft |
| 2021-01-01 | 39 days | 1,818 sqft |
| 2021-02-01 | 37 days | 1,779 sqft |
| 2021-03-01 | 28 days | 1,788 sqft |
| 2021-04-01 | 24 days | 1,845 sqft |
| 2021-05-01 | 14 days | 1,900 sqft |
| 2021-06-01 | 9 days | 1,871 sqft |
| 2021-07-01 | 16 days | 1,924 sqft |
| 2021-08-01 | 21 days | 1,867 sqft |
| 2021-09-01 | 24 days | 1,830 sqft |
| 2021-10-01 | 26 days | 1,843 sqft |
| 2021-11-01 | 26 days | 1,799 sqft |
| 2021-12-01 | 34 days | 1,739 sqft |
| 2022-01-01 | 40 days | 1,797 sqft |
| 2022-02-01 | 22 days | 1,814 sqft |
| 2022-03-01 | 25 days | 1,775 sqft |
| 2022-04-01 | 17 days | 1,802 sqft |
| 2022-05-01 | 15 days | 1,865 sqft |
| 2022-06-01 | 19 days | 1,935 sqft |
| 2022-07-01 | 24 days | 1,983 sqft |
| 2022-08-01 | 25 days | 1,923 sqft |
| 2022-09-01 | 24 days | 1,960 sqft |
| 2022-10-01 | 29 days | 1,911 sqft |
| 2022-11-01 | 37 days | 1,853 sqft |
| 2022-12-01 | 56 days | 1,832 sqft |
| 2023-01-01 | 68 days | 1,832 sqft |
| 2023-02-01 | 58 days | 1,864 sqft |
| 2023-03-01 | 41 days | 1,942 sqft |
| 2023-04-01 | 29 days | 1,897 sqft |
| 2023-05-01 | 30 days | 1,920 sqft |
| 2023-06-01 | 31 days | 2,003 sqft |
| 2023-07-01 | 32 days | 2,034 sqft |
| 2023-08-01 | 33 days | 1,990 sqft |
| 2023-09-01 | 37 days | 1,954 sqft |
| 2023-10-01 | 37 days | 1,944 sqft |
| 2023-11-01 | 40 days | 1,926 sqft |
| 2023-12-01 | 50 days | 1,885 sqft |
| 2024-01-01 | 57 days | 1,907 sqft |
| 2024-02-01 | 47 days | 1,899 sqft |
| 2024-03-01 | 38 days | 1,938 sqft |
| 2024-04-01 | 39 days | 1,920 sqft |
| 2024-05-01 | 28 days | 1,934 sqft |
| 2024-06-01 | 33 days | 1,890 sqft |
| 2024-07-01 | 37 days | 1,841 sqft |
| 2024-08-01 | 38 days | 1,880 sqft |
| 2024-09-01 | 39 days | 1,884 sqft |
| 2024-10-01 | 37 days | 1,842 sqft |
| 2024-11-01 | 46 days | 1,829 sqft |
| 2024-12-01 | 51 days | 1,806 sqft |
| 2025-01-01 | 0 days | 1,819 sqft |
Fort Wayne's median square footage for active listings during the 2025-01-01 period was 1,819 sqft. One year prior, the average listing was 1,907 sqft.