Gloversville USDA Loan Rates, Closing Costs & Stats
Gloversville, NY
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.
Gloversville's 1 lenders originated 2 USDA loans during 2023. The total origination value was $420,000, with an average USDA loan value of $210,000.
Gloversville USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Gloversville
averaged
6.72%
for the week of 2025-02-14, compared to the national average (all USDA variants) of
6.526% for the same period.
Gloversville's average USDA mortgage closing costs are $3,857.
The average rate for the prior week (2025-02-07) was
6.48% and
one month ago for the week of 2025-01-10, the
average rate was 6.32%.
The average rate one year ago was 6.61%.
For refis of the same type during the week of 2025-02-14, the average rate
was 6.43%.
Gloversville 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 Gloversville level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| HOMESTEAD FUNDING CORP. | 2 | 7.00% | $2,770 |
The lowest fee Gloversville USDA lenders (with over 10 loans originated) are
.
The lowest rate Gloversville USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Gloversville (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 | $137,500 (13.4%) | $184,448 (9.5%) | 0.00 | 240 |
| 2018-02-01 | $138,375 (16.3%) | $186,283 (12.8%) | 0.00 | 224 |
| 2018-03-01 | $136,250 (18.5%) | $189,633 (19.1%) | 0.00 | 226 |
| 2018-04-01 | $138,225 (15.3%) | $191,308 (14.6%) | 0.00 | 232 |
| 2018-05-01 | $159,375 (25.2%) | $205,129 (14.6%) | 0.00 | 277 |
| 2018-06-01 | $159,900 (23.0%) | $204,856 (14.6%) | 0.00 | 301 |
| 2018-07-01 | $159,900 (15.0%) | $202,292 (10.4%) | 0.00 | 327 |
| 2018-08-01 | $167,400 (12.1%) | $209,548 (7.6%) | 0.00 | 316 |
| 2018-09-01 | $164,900 (10.3%) | $200,046 (1.8%) | 0.00 | 329 |
| 2018-10-01 | $163,850 (9.3%) | $202,066 (3.6%) | 0.00 | 316 |
| 2018-11-01 | $159,900 (7.0%) | $198,611 (3.1%) | 0.00 | 305 |
| 2018-12-01 | $149,900 (7.8%) | $187,538 (2.0%) | 0.00 | 279 |
| 2019-01-01 | $153,675 (11.8%) | $186,545 (1.1%) | 0.00 | 255 |
| 2019-02-01 | $144,950 (4.8%) | $178,915 (-4.0%) | 0.00 | 249 |
| 2019-03-01 | $150,086 (10.2%) | $182,276 (-3.9%) | 0.00 | 242 |
| 2019-04-01 | $158,450 (14.6%) | $188,241 (-1.6%) | 0.00 | 243 |
| 2019-05-01 | $169,200 (6.2%) | $198,940 (-3.0%) | 0.00 | 275 |
| 2019-06-01 | $174,900 (9.4%) | $207,387 (1.2%) | 0.00 | 298 |
| 2019-07-01 | $176,475 (10.4%) | $208,585 (3.1%) | 0.00 | 319 |
| 2019-08-01 | $169,609 (1.3%) | $208,447 (-0.5%) | 0.00 | 329 |
| 2019-09-01 | $158,523 (-3.9%) | $204,911 (2.4%) | 0.00 | 328 |
| 2019-10-01 | $149,450 (-8.8%) | $199,684 (-1.2%) | 0.00 | 320 |
| 2019-11-01 | $141,400 (-11.6%) | $196,683 (-1.0%) | 0.00 | 290 |
| 2019-12-01 | $143,600 (-4.2%) | $198,884 (6.1%) | 0.00 | 272 |
| 2020-01-01 | $142,450 (-7.3%) | $198,365 (6.3%) | 0.00 | 249 |
| 2020-02-01 | $139,450 (-3.8%) | $196,171 (9.6%) | 0.00 | 249 |
| 2020-03-01 | $157,450 (4.9%) | $207,571 (13.9%) | 0.00 | 223 |
| 2020-04-01 | $159,450 (0.6%) | $210,873 (12.0%) | 0.00 | 208 |
| 2020-05-01 | $169,000 (-0.1%) | $212,728 (6.9%) | 0.00 | 194 |
| 2020-06-01 | $178,450 (2.0%) | $214,540 (3.5%) | 0.00 | 173 |
| 2020-07-01 | $159,950 (-9.4%) | $215,138 (3.1%) | 0.00 | 175 |
| 2020-08-01 | $189,000 (11.4%) | $231,164 (10.9%) | 0.00 | 169 |
| 2020-09-01 | $187,425 (18.2%) | $225,482 (10.0%) | 0.00 | 170 |
| 2020-10-01 | $169,900 (13.7%) | $221,127 (10.7%) | 0.00 | 147 |
| 2020-11-01 | $159,225 (12.6%) | $222,204 (13.0%) | 0.00 | 146 |
| 2020-12-01 | $162,425 (13.1%) | $220,570 (10.9%) | 0.00 | 126 |
| 2021-01-01 | $149,900 (5.2%) | $210,071 (5.9%) | 0.00 | 104 |
| 2021-02-01 | $161,175 (15.6%) | $228,058 (16.3%) | 0.00 | 94 |
| 2021-03-01 | $149,900 (-4.8%) | $226,783 (9.3%) | 0.00 | 86 |
| 2021-04-01 | $174,950 (9.7%) | $251,309 (19.2%) | 0.00 | 91 |
| 2021-05-01 | $199,000 (17.8%) | $262,877 (23.6%) | 0.00 | 96 |
| 2021-06-01 | $200,000 (12.1%) | $285,696 (33.2%) | 0.00 | 116 |
| 2021-07-01 | $215,000 (34.4%) | $298,235 (38.6%) | 0.00 | 137 |
| 2021-08-01 | $219,900 (16.4%) | $313,865 (35.8%) | 0.00 | 146 |
| 2021-09-01 | $216,950 (15.8%) | $313,177 (38.9%) | 0.00 | 149 |
| 2021-10-01 | $205,000 (20.7%) | $293,464 (32.7%) | 0.00 | 145 |
| 2021-11-01 | $194,450 (22.1%) | $271,457 (22.2%) | 0.00 | 133 |
| 2021-12-01 | $189,000 (16.4%) | $246,086 (11.6%) | 0.00 | 119 |
| 2022-01-01 | $197,000 (31.4%) | $246,148 (17.2%) | 0.00 | 103 |
| 2022-02-01 | $209,450 (30.0%) | $245,947 (7.8%) | 0.00 | 82 |
| 2022-03-01 | $218,500 (45.8%) | $262,642 (15.8%) | 0.00 | 62 |
| 2022-04-01 | $215,000 (22.9%) | $268,780 (7.0%) | 0.00 | 67 |
| 2022-05-01 | $204,900 (3.0%) | $279,794 (6.4%) | 0.00 | 82 |
| 2022-06-01 | $202,100 (1.1%) | $300,908 (5.3%) | 0.00 | 110 |
| 2022-07-01 | $219,900 (2.3%) | $304,813 (2.2%) | 0.00 | 128 |
| 2022-08-01 | $221,900 (0.9%) | $305,623 (-2.6%) | 0.00 | 133 |
| 2022-09-01 | $203,700 (-6.1%) | $289,718 (-7.5%) | 0.00 | 148 |
| 2022-10-01 | $215,000 (4.9%) | $288,040 (-1.9%) | 0.00 | 136 |
| 2022-11-01 | $211,950 (9.0%) | $279,075 (2.8%) | 0.00 | 133 |
| 2022-12-01 | $199,900 (5.8%) | $263,518 (7.1%) | 0.00 | 114 |
| 2023-01-01 | $209,975 (6.6%) | $268,254 (9.0%) | 0.00 | 109 |
| 2023-02-01 | $213,750 (2.1%) | $262,345 (6.7%) | 0.00 | 107 |
| 2023-03-01 | $210,000 (-3.9%) | $267,789 (2.0%) | 0.00 | 94 |
| 2023-04-01 | $209,900 (-2.4%) | $265,422 (-1.3%) | 0.00 | 93 |
| 2023-05-01 | $227,450 (11.0%) | $291,804 (4.3%) | 0.00 | 102 |
| 2023-06-01 | $226,000 (11.8%) | $279,410 (-7.1%) | 0.00 | 109 |
| 2023-07-01 | $224,950 (2.3%) | $271,153 (-11.0%) | 0.00 | 135 |
| 2023-08-01 | $212,450 (-4.3%) | $262,616 (-14.1%) | 0.00 | 135 |
| 2023-09-01 | $225,000 (10.5%) | $259,885 (-10.3%) | 0.00 | 136 |
| 2023-10-01 | $203,050 (-5.6%) | $243,995 (-15.3%) | 0.00 | 129 |
| 2023-11-01 | $214,925 (1.4%) | $238,942 (-14.4%) | 0.00 | 132 |
| 2023-12-01 | $225,000 (12.6%) | $252,242 (-4.3%) | 0.00 | 117 |
| 2024-01-01 | $221,163 (5.3%) | $235,839 (-12.1%) | 0.00 | 105 |
| 2024-02-01 | $201,200 (-5.9%) | $237,797 (-9.4%) | 0.00 | 95 |
| 2024-03-01 | $200,000 (-4.8%) | $251,932 (-5.9%) | 0.00 | 89 |
| 2024-04-01 | $216,225 (3.0%) | $276,811 (4.3%) | 0.00 | 98 |
| 2024-05-01 | $227,750 (0.1%) | $317,440 (8.8%) | 0.00 | 105 |
| 2024-06-01 | $247,500 (9.5%) | $277,147 (-0.8%) | 0.00 | 132 |
| 2024-07-01 | $230,722 (2.6%) | $268,218 (-1.1%) | 0.00 | 142 |
| 2024-08-01 | $229,894 (8.2%) | $268,026 (2.1%) | 0.00 | 139 |
| 2024-09-01 | $233,697 (3.9%) | $266,903 (2.7%) | 0.00 | 136 |
| 2024-10-01 | $250,700 (23.5%) | $297,856 (22.1%) | 0.00 | 121 |
| 2024-11-01 | $249,900 (16.3%) | $301,417 (26.2%) | 0.00 | 117 |
| 2024-12-01 | $247,450 (10.0%) | $295,092 (17.0%) | 0.00 | 108 |
| 2025-01-01 | $247,400 (11.9%) | $297,463 (26.1%) | 0.00 | 91 |
Gloversville's median listing price comes in at 0% of the national average.
Gloversville's average listing price for 2025-01-01 was $297,463, a difference of $61,624 (26.1%) versus the prior year and $2,371 versus the prior month.
For the 2025-01-01 period, Gloversville had 91 MLS listings, a difference of -17 listings (-16%) versus the prior month and -14 listings (-13%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Gloversville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,624 sqft |
| 2018-02-01 | 0 days | 1,646 sqft |
| 2018-03-01 | 0 days | 1,621 sqft |
| 2018-04-01 | 0 days | 1,622 sqft |
| 2018-05-01 | 0 days | 1,608 sqft |
| 2018-06-01 | 0 days | 1,611 sqft |
| 2018-07-01 | 0 days | 1,622 sqft |
| 2018-08-01 | 0 days | 1,646 sqft |
| 2018-09-01 | 0 days | 1,620 sqft |
| 2018-10-01 | 0 days | 1,615 sqft |
| 2018-11-01 | 0 days | 1,620 sqft |
| 2018-12-01 | 0 days | 1,624 sqft |
| 2019-01-01 | 0 days | 1,627 sqft |
| 2019-02-01 | 0 days | 1,624 sqft |
| 2019-03-01 | 0 days | 1,630 sqft |
| 2019-04-01 | 0 days | 1,631 sqft |
| 2019-05-01 | 0 days | 1,641 sqft |
| 2019-06-01 | 0 days | 1,623 sqft |
| 2019-07-01 | 0 days | 1,625 sqft |
| 2019-08-01 | 0 days | 1,597 sqft |
| 2019-09-01 | 0 days | 1,580 sqft |
| 2019-10-01 | 0 days | 1,568 sqft |
| 2019-11-01 | 0 days | 1,566 sqft |
| 2019-12-01 | 0 days | 1,568 sqft |
| 2020-01-01 | 0 days | 1,565 sqft |
| 2020-02-01 | 0 days | 1,568 sqft |
| 2020-03-01 | 0 days | 1,604 sqft |
| 2020-04-01 | 0 days | 1,581 sqft |
| 2020-05-01 | 0 days | 1,588 sqft |
| 2020-06-01 | 0 days | 1,605 sqft |
| 2020-07-01 | 0 days | 1,549 sqft |
| 2020-08-01 | 0 days | 1,630 sqft |
| 2020-09-01 | 0 days | 1,700 sqft |
| 2020-10-01 | 0 days | 1,700 sqft |
| 2020-11-01 | 0 days | 1,708 sqft |
| 2020-12-01 | 0 days | 1,674 sqft |
| 2021-01-01 | 0 days | 1,687 sqft |
| 2021-02-01 | 0 days | 1,700 sqft |
| 2021-03-01 | 0 days | 1,614 sqft |
| 2021-04-01 | 0 days | 1,670 sqft |
| 2021-05-01 | 0 days | 1,648 sqft |
| 2021-06-01 | 0 days | 1,580 sqft |
| 2021-07-01 | 0 days | 1,694 sqft |
| 2021-08-01 | 0 days | 1,622 sqft |
| 2021-09-01 | 0 days | 1,608 sqft |
| 2021-10-01 | 0 days | 1,700 sqft |
| 2021-11-01 | 0 days | 1,665 sqft |
| 2021-12-01 | 0 days | 1,669 sqft |
| 2022-01-01 | 0 days | 1,780 sqft |
| 2022-02-01 | 0 days | 1,760 sqft |
| 2022-03-01 | 0 days | 1,706 sqft |
| 2022-04-01 | 0 days | 1,689 sqft |
| 2022-05-01 | 0 days | 1,525 sqft |
| 2022-06-01 | 0 days | 1,534 sqft |
| 2022-07-01 | 0 days | 1,578 sqft |
| 2022-08-01 | 0 days | 1,554 sqft |
| 2022-09-01 | 0 days | 1,511 sqft |
| 2022-10-01 | 0 days | 1,520 sqft |
| 2022-11-01 | 0 days | 1,532 sqft |
| 2022-12-01 | 0 days | 1,520 sqft |
| 2023-01-01 | 0 days | 1,520 sqft |
| 2023-02-01 | 0 days | 1,528 sqft |
| 2023-03-01 | 0 days | 1,557 sqft |
| 2023-04-01 | 0 days | 1,647 sqft |
| 2023-05-01 | 0 days | 1,603 sqft |
| 2023-06-01 | 0 days | 1,595 sqft |
| 2023-07-01 | 0 days | 1,585 sqft |
| 2023-08-01 | 0 days | 1,548 sqft |
| 2023-09-01 | 0 days | 1,520 sqft |
| 2023-10-01 | 0 days | 1,539 sqft |
| 2023-11-01 | 0 days | 1,500 sqft |
| 2023-12-01 | 0 days | 1,484 sqft |
| 2024-01-01 | 0 days | 1,506 sqft |
| 2024-02-01 | 0 days | 1,509 sqft |
| 2024-03-01 | 0 days | 1,500 sqft |
| 2024-04-01 | 0 days | 1,478 sqft |
| 2024-05-01 | 0 days | 1,453 sqft |
| 2024-06-01 | 0 days | 1,481 sqft |
| 2024-07-01 | 0 days | 1,469 sqft |
| 2024-08-01 | 0 days | 1,460 sqft |
| 2024-09-01 | 0 days | 1,487 sqft |
| 2024-10-01 | 0 days | 1,494 sqft |
| 2024-11-01 | 0 days | 1,511 sqft |
| 2024-12-01 | 0 days | 1,511 sqft |
| 2025-01-01 | 0 days | 1,512 sqft |
Gloversville's median square footage for active listings during the 2025-01-01 period was 1,512 sqft. One year prior, the average listing was 1,506 sqft.