Goldsboro USDA Loan Rates, Closing Costs & Stats

GOLDSBORO, 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.

    Goldsboro's 12 lenders originated 15 USDA loans during 2023. The total origination value was $4,515,000, with an average USDA loan value of $301,000.

    Goldsboro USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Goldsboro averaged -0.09% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

    Goldsboro's average USDA mortgage closing costs are $4,776.

    The average rate for the prior week (2024-11-08) was 6.07% and one month ago for the week of 2024-10-11, the average rate was 5.73%.

    The average rate one year ago was 6.96%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0.45%.

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

    Goldsboro 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 Goldsboro level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.88% $7,261
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 6.25% $5,813
    CORNERSTONE HOME LENDING, INC. 1 6.50% $6,893
    First-Citizens Bank & Trust Company 1 5.50% $5,177
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.13% $10,186
    HOMESPIRE MORTGAGE CORPORATION 1 7.00% $5,165
    MOVEMENT MORTGAGE, LLC 1 5.75% $5,594
    Shamrock Home Loans, Inc. 1 6.25% $7,268
    TOWNE MORTGAGE COMPANY 1 5.75% $6,346
    American Security Mortgage Corp. 1 5.13% $11,215
    Truist 1 5.38% $7,414
    CALCON MUTUAL MORTGAGE LLC 1 6.63% $6,206

    The top Goldsboro USDA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 2 USDA loans originated. Their average total fees are $7,261, which is $1,448 higher than the next largest lender, ATLANTIC BAY MORTGAGE GROUP, L.L.C..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Goldsboro (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 $169,100 (3.0%) $178,120 (-0.2%) 0.00 458
    2018-02-01 $165,450 (1.1%) $175,936 (-0.2%) 0.00 432
    2018-03-01 $165,000 (1.8%) $179,209 (1.6%) 0.00 387
    2018-04-01 $164,975 (0.0%) $180,249 (-0.3%) 0.00 407
    2018-05-01 $165,975 (-1.3%) $179,851 (-1.7%) 0.00 416
    2018-06-01 $167,000 (0.0%) $180,710 (-0.6%) 0.00 416
    2018-07-01 $167,850 (1.8%) $183,400 (1.3%) 0.00 433
    2018-08-01 $164,925 (1.2%) $180,848 (0.9%) 0.00 445
    2018-09-01 $169,900 (3.4%) $183,337 (3.3%) 0.00 444
    2018-10-01 $173,700 (6.3%) $186,384 (6.3%) 0.00 404
    2018-11-01 $168,925 (3.3%) $183,715 (4.7%) 0.00 383
    2018-12-01 $169,900 (0.5%) $185,272 (3.9%) 0.00 363
    2019-01-01 $169,900 (0.5%) $184,869 (3.8%) 0.00 335
    2019-02-01 $175,075 (5.8%) $189,866 (7.9%) 0.00 325
    2019-03-01 $182,186 (10.4%) $193,069 (7.7%) 0.00 307
    2019-04-01 $188,900 (14.5%) $197,284 (9.5%) 0.00 293
    2019-05-01 $191,227 (15.2%) $198,677 (10.5%) 0.00 288
    2019-06-01 $185,900 (11.3%) $195,873 (8.4%) 0.00 293
    2019-07-01 $182,450 (8.7%) $193,270 (5.4%) 0.00 289
    2019-08-01 $181,213 (9.9%) $190,991 (5.6%) 0.00 282
    2019-09-01 $183,181 (7.8%) $192,042 (4.8%) 0.00 286
    2019-10-01 $182,863 (5.3%) $192,503 (3.3%) 0.00 285
    2019-11-01 $189,250 (12.0%) $190,803 (3.9%) 0.00 261
    2019-12-01 $189,000 (11.2%) $187,267 (1.1%) 0.00 254
    2020-01-01 $188,825 (11.1%) $186,880 (1.1%) 0.00 233
    2020-02-01 $191,400 (9.3%) $190,219 (0.2%) 0.00 205
    2020-03-01 $189,550 (4.0%) $188,567 (-2.3%) 0.00 210
    2020-04-01 $185,950 (-1.6%) $185,019 (-6.2%) 0.00 201
    2020-05-01 $189,900 (-0.7%) $186,682 (-6.0%) 0.00 161
    2020-06-01 $193,425 (4.1%) $199,095 (1.6%) 0.00 179
    2020-07-01 $200,750 (10.0%) $201,673 (4.4%) 0.00 147
    2020-08-01 $187,500 (3.5%) $198,544 (4.0%) 0.00 140
    2020-09-01 $186,950 (2.1%) $203,270 (5.9%) 0.00 127
    2020-10-01 $180,000 (-1.6%) $201,634 (4.7%) 0.00 110
    2020-11-01 $185,445 (-2.0%) $206,390 (8.2%) 0.00 119
    2020-12-01 $191,225 (1.2%) $213,047 (13.8%) 0.00 106
    2021-01-01 $195,000 (3.3%) $208,538 (11.6%) 0.00 104
    2021-02-01 $183,675 (-4.0%) $214,813 (12.9%) 0.00 94
    2021-03-01 $197,100 (4.0%) $207,966 (10.3%) 0.00 82
    2021-04-01 $218,188 (17.3%) $227,797 (23.1%) 0.00 77
    2021-05-01 $239,900 (26.3%) $238,175 (27.6%) 0.00 93
    2021-06-01 $227,425 (17.6%) $239,154 (20.1%) 0.00 102
    2021-07-01 $210,000 (4.6%) $227,590 (12.9%) 0.00 120
    2021-08-01 $217,033 (15.8%) $224,059 (12.9%) 0.00 129
    2021-09-01 $180,850 (-3.3%) $200,159 (-1.5%) 0.00 119
    2021-10-01 $189,900 (5.5%) $202,325 (0.3%) 0.00 116
    2021-11-01 $184,700 (-0.4%) $221,344 (7.3%) 0.00 97
    2021-12-01 $201,250 (5.2%) $230,060 (8.0%) 0.00 102
    2022-01-01 $247,900 (27.1%) $254,541 (22.1%) 0.00 96
    2022-02-01 $234,950 (27.9%) $247,651 (15.3%) 0.00 77
    2022-03-01 $226,150 (14.7%) $245,303 (18.0%) 0.00 69
    2022-04-01 $260,000 (19.2%) $270,018 (18.5%) 0.00 69
    2022-05-01 $235,950 (-1.7%) $278,970 (17.1%) 0.00 121
    2022-06-01 $223,575 (-1.7%) $293,665 (22.8%) 0.00 149
    2022-07-01 $240,000 (14.3%) $292,088 (28.3%) 0.00 179
    2022-08-01 $252,250 (16.2%) $277,075 (23.7%) 0.00 186
    2022-09-01 $243,520 (34.7%) $272,629 (36.2%) 0.00 197
    2022-10-01 $249,900 (31.6%) $285,517 (41.1%) 0.00 170
    2022-11-01 $249,900 (35.3%) $276,275 (24.8%) 0.00 195
    2022-12-01 $262,900 (30.6%) $285,292 (24.0%) 0.00 188
    2023-01-01 $263,175 (6.2%) $284,509 (11.8%) 0.00 164
    2023-02-01 $283,200 (20.5%) $289,028 (16.7%) 0.00 150
    2023-03-01 $290,400 (28.4%) $290,938 (18.6%) 0.00 123
    2023-04-01 $300,900 (15.7%) $306,925 (13.7%) 0.00 111
    2023-05-01 $306,725 (30.0%) $311,023 (11.5%) 0.00 122
    2023-06-01 $296,173 (32.5%) $302,374 (3.0%) 0.00 130
    2023-07-01 $282,900 (17.9%) $303,271 (3.8%) 0.00 126
    2023-08-01 $284,250 (12.7%) $299,822 (8.2%) 0.00 150
    2023-09-01 $285,000 (17.0%) $322,586 (18.3%) 0.00 170
    2023-10-01 $289,400 (15.8%) $322,304 (12.9%) 0.00 201
    2023-11-01 $286,015 (14.5%) $318,392 (15.2%) 0.00 225
    2023-12-01 $288,999 (9.9%) $319,590 (12.0%) 0.00 241
    2024-01-01 $289,925 (10.2%) $320,290 (12.6%) 0.00 231
    2024-02-01 $287,725 (1.6%) $317,123 (9.7%) 0.00 222
    2024-03-01 $280,000 (-3.6%) $315,486 (8.4%) 0.00 226
    2024-04-01 $287,700 (-4.4%) $315,141 (2.7%) 0.00 229
    2024-05-01 $300,925 (-1.9%) $337,121 (8.4%) 0.00 237
    2024-06-01 $304,200 (2.7%) $344,910 (14.1%) 0.00 250
    2024-07-01 $298,000 (5.3%) $329,321 (8.6%) 0.00 273
    2024-08-01 $294,900 (3.8%) $324,147 (8.1%) 0.00 287
    2024-09-01 $291,175 (2.2%) $315,516 (-2.2%) 0.00 290
    2024-10-01 $289,450 (0.0%) $310,454 (-3.7%) 0.00 322
    Goldsboro's median listing price for 2024-10-01 was $289,450, a difference of $50 (0.0%) versus the prior year and $-1,725 versus the prior month.

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

    Goldsboro's average listing price for 2024-10-01 was $310,454, a difference of $-11,850 (-3.7%) versus the prior year and $-5,062 versus the prior month.

    For the 2024-10-01 period, Goldsboro had 322 MLS listings, a difference of 32 listings (11%) versus the prior month and 121 listings (60%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Goldsboro (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,863 sqft
    2018-02-01 0 days 1,807 sqft
    2018-03-01 0 days 1,852 sqft
    2018-04-01 0 days 1,859 sqft
    2018-05-01 0 days 1,846 sqft
    2018-06-01 0 days 1,834 sqft
    2018-07-01 0 days 1,860 sqft
    2018-08-01 0 days 1,856 sqft
    2018-09-01 0 days 1,858 sqft
    2018-10-01 0 days 1,889 sqft
    2018-11-01 0 days 1,870 sqft
    2018-12-01 0 days 1,907 sqft
    2019-01-01 0 days 1,924 sqft
    2019-02-01 0 days 1,983 sqft
    2019-03-01 0 days 2,000 sqft
    2019-04-01 0 days 2,047 sqft
    2019-05-01 0 days 2,099 sqft
    2019-06-01 0 days 2,109 sqft
    2019-07-01 0 days 2,101 sqft
    2019-08-01 0 days 2,066 sqft
    2019-09-01 0 days 2,030 sqft
    2019-10-01 0 days 2,010 sqft
    2019-11-01 0 days 1,939 sqft
    2019-12-01 0 days 1,866 sqft
    2020-01-01 0 days 1,916 sqft
    2020-02-01 0 days 2,000 sqft
    2020-03-01 0 days 1,925 sqft
    2020-04-01 0 days 1,902 sqft
    2020-05-01 0 days 1,939 sqft
    2020-06-01 0 days 2,038 sqft
    2020-07-01 0 days 2,139 sqft
    2020-08-01 0 days 2,085 sqft
    2020-09-01 0 days 2,015 sqft
    2020-10-01 0 days 1,939 sqft
    2020-11-01 0 days 1,856 sqft
    2020-12-01 0 days 1,860 sqft
    2021-01-01 0 days 1,770 sqft
    2021-02-01 0 days 1,693 sqft
    2021-03-01 0 days 1,862 sqft
    2021-04-01 0 days 1,840 sqft
    2021-05-01 0 days 1,958 sqft
    2021-06-01 0 days 1,928 sqft
    2021-07-01 0 days 1,877 sqft
    2021-08-01 0 days 1,853 sqft
    2021-09-01 0 days 1,755 sqft
    2021-10-01 0 days 1,611 sqft
    2021-11-01 0 days 1,748 sqft
    2021-12-01 0 days 1,826 sqft
    2022-01-01 0 days 1,874 sqft
    2022-02-01 0 days 1,867 sqft
    2022-03-01 0 days 1,769 sqft
    2022-04-01 0 days 1,883 sqft
    2022-05-01 0 days 1,928 sqft
    2022-06-01 0 days 2,043 sqft
    2022-07-01 0 days 1,916 sqft
    2022-08-01 0 days 1,846 sqft
    2022-09-01 0 days 1,764 sqft
    2022-10-01 0 days 1,807 sqft
    2022-11-01 0 days 1,811 sqft
    2022-12-01 0 days 1,912 sqft
    2023-01-01 0 days 1,874 sqft
    2023-02-01 0 days 1,858 sqft
    2023-03-01 0 days 1,909 sqft
    2023-04-01 0 days 1,919 sqft
    2023-05-01 0 days 2,002 sqft
    2023-06-01 0 days 1,831 sqft
    2023-07-01 0 days 1,911 sqft
    2023-08-01 0 days 1,881 sqft
    2023-09-01 0 days 1,893 sqft
    2023-10-01 0 days 1,946 sqft
    2023-11-01 0 days 1,905 sqft
    2023-12-01 0 days 1,796 sqft
    2024-01-01 0 days 1,793 sqft
    2024-02-01 0 days 1,746 sqft
    2024-03-01 0 days 1,782 sqft
    2024-04-01 0 days 1,807 sqft
    2024-05-01 0 days 1,800 sqft
    2024-06-01 0 days 1,810 sqft
    2024-07-01 0 days 1,773 sqft
    2024-08-01 0 days 1,720 sqft
    2024-09-01 0 days 1,709 sqft
    2024-10-01 0 days 1,694 sqft
    Goldsboro's median listing age (time on market) for 2024-10-01 was 0 days.

    Goldsboro's median square footage for active listings during the 2024-10-01 period was 1,694 sqft. One year prior, the average listing was 1,946 sqft.