Glasgow USDA Loan Rates, Closing Costs & Stats

Glasgow, KY

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    • 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.

    Glasgow's 9 lenders originated 28 USDA loans during 2023. The total origination value was $4,380,000, with an average USDA loan value of $156,429.

    Glasgow USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Glasgow averaged 6.49% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Glasgow's average USDA mortgage closing costs are $4,420.

    The average rate for the prior week (2025-02-07) was 6.45% and one month ago for the week of 2025-01-10, the average rate was 6.49%.

    The average rate one year ago was 6.48%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.73%.

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

    Glasgow 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 Glasgow level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Edmonton State Bank 6 6.73% $5,361
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 5 6.75% $6,530
    EVANSVILLE TEACHERS 4 5.94% $4,632
    STOCKTON MORTGAGE CORPORATION 4 6.56% $7,636
    SOUTH CENTRAL BANK, INC. 3 6.88% $4,580
    U.S. Bank 2 6.94% $4,709
    RUOFF MORTGAGE COMPANY, INC. 1 6.75% $2,342
    UNITED WHOLESALE MORTGAGE, LLC 1 6.13% $6,761
    Century Mortgage Company DBA Century Lending Company 1 6.50% $10,214

    The top Glasgow USDA lender as defined by loan originations is Edmonton State Bank, with 6 USDA loans originated. Their average total fees are $5,361, which is $1,169 lower than the next largest lender, ATLANTIC BAY MORTGAGE GROUP, L.L.C..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Glasgow (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 $149,900 (7.9%) $184,564 (-0.5%) 0.00 170
    2018-02-01 $149,000 (4.8%) $178,371 (-10.2%) 0.00 167
    2018-03-01 $164,150 (9.5%) $200,334 (-2.9%) 0.00 156
    2018-04-01 $155,975 (-4.0%) $192,290 (-7.9%) 0.00 167
    2018-05-01 $149,900 (-10.5%) $188,331 (-13.1%) 0.00 179
    2018-06-01 $144,900 (-15.6%) $186,436 (-16.8%) 0.00 208
    2018-07-01 $145,000 (-13.7%) $185,934 (-15.7%) 0.00 214
    2018-08-01 $144,925 (-13.4%) $183,008 (-14.4%) 0.00 214
    2018-09-01 $145,000 (-8.2%) $186,620 (-6.1%) 0.00 213
    2018-10-01 $149,800 (-0.1%) $186,126 (-2.2%) 0.00 224
    2018-11-01 $152,225 (-1.2%) $183,994 (-3.1%) 0.00 218
    2018-12-01 $142,200 (-10.0%) $173,947 (-8.6%) 0.00 229
    2019-01-01 $138,225 (-7.8%) $169,645 (-8.1%) 0.00 212
    2019-02-01 $139,900 (-6.1%) $175,653 (-1.5%) 0.00 206
    2019-03-01 $144,636 (-11.9%) $184,359 (-8.0%) 0.00 203
    2019-04-01 $151,475 (-2.9%) $190,354 (-1.0%) 0.00 203
    2019-05-01 $159,900 (6.7%) $206,871 (9.8%) 0.00 186
    2019-06-01 $154,900 (6.9%) $209,388 (12.3%) 0.00 179
    2019-07-01 $164,300 (13.3%) $212,390 (14.2%) 0.00 185
    2019-08-01 $169,177 (16.7%) $221,256 (20.9%) 0.00 186
    2019-09-01 $168,093 (15.9%) $218,742 (17.2%) 0.00 191
    2019-10-01 $166,125 (10.9%) $216,192 (16.2%) 0.00 191
    2019-11-01 $164,900 (8.3%) $208,732 (13.4%) 0.00 186
    2019-12-01 $159,900 (12.5%) $206,969 (19.0%) 0.00 176
    2020-01-01 $159,450 (15.4%) $204,281 (20.4%) 0.00 173
    2020-02-01 $155,000 (10.8%) $199,775 (13.7%) 0.00 180
    2020-03-01 $172,000 (18.9%) $219,117 (18.9%) 0.00 155
    2020-04-01 $172,500 (13.9%) $222,368 (16.8%) 0.00 145
    2020-05-01 $181,250 (13.4%) $227,026 (9.7%) 0.00 140
    2020-06-01 $186,700 (20.5%) $239,621 (14.4%) 0.00 115
    2020-07-01 $206,500 (25.7%) $264,027 (24.3%) 0.00 104
    2020-08-01 $206,750 (22.2%) $267,063 (20.7%) 0.00 106
    2020-09-01 $197,000 (17.2%) $261,795 (19.7%) 0.00 89
    2020-10-01 $215,000 (29.4%) $276,875 (28.1%) 0.00 86
    2020-11-01 $224,250 (36.0%) $283,194 (35.7%) 0.00 82
    2020-12-01 $211,225 (32.1%) $274,726 (32.7%) 0.00 87
    2021-01-01 $194,450 (22.0%) $269,270 (31.8%) 0.00 86
    2021-02-01 $199,000 (28.4%) $264,213 (32.3%) 0.00 85
    2021-03-01 $187,950 (9.3%) $254,666 (16.2%) 0.00 76
    2021-04-01 $189,225 (9.7%) $272,692 (22.6%) 0.00 70
    2021-05-01 $174,000 (-4.0%) $246,283 (8.5%) 0.00 79
    2021-06-01 $185,950 (-0.4%) $254,744 (6.3%) 0.00 79
    2021-07-01 $198,500 (-3.9%) $246,137 (-6.8%) 0.00 82
    2021-08-01 $199,000 (-3.8%) $274,131 (2.7%) 0.00 92
    2021-09-01 $191,925 (-2.6%) $264,599 (1.1%) 0.00 116
    2021-10-01 $190,500 (-11.4%) $263,460 (-4.9%) 0.00 141
    2021-11-01 $187,400 (-16.4%) $252,428 (-10.9%) 0.00 162
    2021-12-01 $182,325 (-13.7%) $250,021 (-9.0%) 0.00 149
    2022-01-01 $171,250 (-11.9%) $233,628 (-13.2%) 0.00 127
    2022-02-01 $175,450 (-11.8%) $234,342 (-11.3%) 0.00 103
    2022-03-01 $166,325 (-11.5%) $227,001 (-10.9%) 0.00 89
    2022-04-01 $171,450 (-9.4%) $217,946 (-20.1%) 0.00 95
    2022-05-01 $187,575 (7.8%) $233,075 (-5.4%) 0.00 103
    2022-06-01 $206,850 (11.2%) $246,186 (-3.4%) 0.00 110
    2022-07-01 $219,950 (10.8%) $263,581 (7.1%) 0.00 104
    2022-08-01 $223,475 (12.3%) $263,051 (-4.0%) 0.00 116
    2022-09-01 $224,000 (16.7%) $251,203 (-5.1%) 0.00 125
    2022-10-01 $228,750 (20.1%) $277,213 (5.2%) 0.00 131
    2022-11-01 $229,600 (22.5%) $287,589 (13.9%) 0.00 141
    2022-12-01 $228,000 (25.1%) $291,620 (16.6%) 0.00 153
    2023-01-01 $228,000 (33.1%) $283,548 (21.4%) 0.00 109
    2023-02-01 $241,975 (37.9%) $298,445 (27.4%) 0.00 99
    2023-03-01 $245,000 (47.3%) $311,725 (37.3%) 0.00 101
    2023-04-01 $239,450 (39.7%) $308,776 (41.7%) 0.00 95
    2023-05-01 $242,425 (29.2%) $317,441 (36.2%) 0.00 100
    2023-06-01 $249,900 (20.8%) $339,887 (38.1%) 0.00 92
    2023-07-01 $239,900 (9.1%) $294,851 (11.9%) 0.00 98
    2023-08-01 $239,925 (7.4%) $298,052 (13.3%) 0.00 92
    2023-09-01 $245,000 (9.4%) $299,721 (19.3%) 0.00 99
    2023-10-01 $246,225 (7.6%) $320,247 (15.5%) 0.00 111
    2023-11-01 $235,500 (2.6%) $297,684 (3.5%) 0.00 120
    2023-12-01 $239,000 (4.8%) $296,113 (1.5%) 0.00 119
    2024-01-01 $238,375 (4.6%) $291,576 (2.8%) 0.00 116
    2024-02-01 $244,225 (0.9%) $291,452 (-2.3%) 0.00 114
    2024-03-01 $266,500 (8.8%) $301,142 (-3.4%) 0.00 112
    2024-04-01 $247,200 (3.2%) $285,668 (-7.5%) 0.00 118
    2024-05-01 $259,950 (7.2%) $301,037 (-5.2%) 0.00 120
    2024-06-01 $269,000 (7.6%) $310,376 (-8.7%) 0.00 119
    2024-07-01 $277,000 (15.5%) $321,967 (9.2%) 0.00 126
    2024-08-01 $276,250 (15.1%) $323,932 (8.7%) 0.00 132
    2024-09-01 $269,900 (10.2%) $327,947 (9.4%) 0.00 147
    2024-10-01 $269,900 (9.6%) $329,206 (2.8%) 0.00 159
    2024-11-01 $277,000 (17.6%) $330,204 (10.9%) 0.00 172
    2024-12-01 $275,100 (15.1%) $324,477 (9.6%) 0.00 173
    2025-01-01 $269,900 (13.2%) $312,422 (7.2%) 0.00 167
    Glasgow's median listing price for 2025-01-01 was $269,900, a difference of $31,525 (13.2%) versus the prior year and $-5,200 versus the prior month.

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

    Glasgow's average listing price for 2025-01-01 was $312,422, a difference of $20,846 (7.2%) versus the prior year and $-12,055 versus the prior month.

    For the 2025-01-01 period, Glasgow had 167 MLS listings, a difference of -6 listings (-3%) versus the prior month and 51 listings (44%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Glasgow (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,763 sqft
    2018-02-01 0 days 1,784 sqft
    2018-03-01 0 days 1,852 sqft
    2018-04-01 0 days 1,808 sqft
    2018-05-01 0 days 1,810 sqft
    2018-06-01 0 days 1,796 sqft
    2018-07-01 0 days 1,815 sqft
    2018-08-01 0 days 1,801 sqft
    2018-09-01 0 days 1,800 sqft
    2018-10-01 0 days 1,840 sqft
    2018-11-01 0 days 1,829 sqft
    2018-12-01 0 days 1,697 sqft
    2019-01-01 0 days 1,661 sqft
    2019-02-01 0 days 1,703 sqft
    2019-03-01 0 days 1,727 sqft
    2019-04-01 0 days 1,728 sqft
    2019-05-01 0 days 1,832 sqft
    2019-06-01 0 days 1,810 sqft
    2019-07-01 0 days 1,862 sqft
    2019-08-01 0 days 1,900 sqft
    2019-09-01 0 days 1,870 sqft
    2019-10-01 0 days 1,827 sqft
    2019-11-01 0 days 1,759 sqft
    2019-12-01 0 days 1,742 sqft
    2020-01-01 0 days 1,699 sqft
    2020-02-01 0 days 1,696 sqft
    2020-03-01 0 days 1,697 sqft
    2020-04-01 0 days 1,787 sqft
    2020-05-01 0 days 1,810 sqft
    2020-06-01 0 days 1,901 sqft
    2020-07-01 0 days 1,934 sqft
    2020-08-01 0 days 1,732 sqft
    2020-09-01 0 days 1,821 sqft
    2020-10-01 0 days 2,014 sqft
    2020-11-01 0 days 2,050 sqft
    2020-12-01 0 days 1,936 sqft
    2021-01-01 0 days 1,896 sqft
    2021-02-01 0 days 1,757 sqft
    2021-03-01 0 days 1,644 sqft
    2021-04-01 0 days 1,761 sqft
    2021-05-01 0 days 1,623 sqft
    2021-06-01 0 days 1,830 sqft
    2021-07-01 0 days 1,713 sqft
    2021-08-01 0 days 1,777 sqft
    2021-09-01 0 days 1,675 sqft
    2021-10-01 0 days 1,605 sqft
    2021-11-01 0 days 1,578 sqft
    2021-12-01 0 days 1,523 sqft
    2022-01-01 0 days 1,457 sqft
    2022-02-01 0 days 1,387 sqft
    2022-03-01 0 days 1,332 sqft
    2022-04-01 0 days 1,407 sqft
    2022-05-01 0 days 1,453 sqft
    2022-06-01 0 days 1,563 sqft
    2022-07-01 0 days 1,733 sqft
    2022-08-01 0 days 1,739 sqft
    2022-09-01 0 days 1,899 sqft
    2022-10-01 0 days 1,870 sqft
    2022-11-01 0 days 1,803 sqft
    2022-12-01 0 days 1,656 sqft
    2023-01-01 0 days 1,825 sqft
    2023-02-01 0 days 1,902 sqft
    2023-03-01 0 days 1,923 sqft
    2023-04-01 0 days 1,796 sqft
    2023-05-01 0 days 1,909 sqft
    2023-06-01 0 days 1,980 sqft
    2023-07-01 0 days 1,824 sqft
    2023-08-01 0 days 1,785 sqft
    2023-09-01 0 days 1,637 sqft
    2023-10-01 0 days 1,728 sqft
    2023-11-01 0 days 1,637 sqft
    2023-12-01 0 days 1,728 sqft
    2024-01-01 0 days 1,712 sqft
    2024-02-01 0 days 1,690 sqft
    2024-03-01 0 days 1,727 sqft
    2024-04-01 0 days 1,597 sqft
    2024-05-01 0 days 1,712 sqft
    2024-06-01 0 days 1,763 sqft
    2024-07-01 0 days 1,838 sqft
    2024-08-01 0 days 1,900 sqft
    2024-09-01 0 days 1,806 sqft
    2024-10-01 0 days 1,802 sqft
    2024-11-01 0 days 1,812 sqft
    2024-12-01 0 days 1,785 sqft
    2025-01-01 0 days 1,785 sqft
    Glasgow's median listing age (time on market) for 2025-01-01 was 0 days.

    Glasgow's median square footage for active listings during the 2025-01-01 period was 1,785 sqft. One year prior, the average listing was 1,712 sqft.