Goldsboro USDA Loan Rates, Closing Costs & Stats

GOLDSBORO, NC

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 6.54% for the week of 2024-07-19, compared to the national average (all USDA variants) of 6.628% for the same period.

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

The average rate for the prior week (2024-07-12) was 6.27% and one month ago for the week of 2024-06-14, the average rate was 6.5%.

The average rate one year ago was 6.35%.

For refis of the same type during the week of 2024-07-19, the average rate was 6.78%.

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%) $345,322 (14.2%) 0.00 250
Goldsboro's median listing price for 2024-06-01 was $304,200, a difference of $8,027 (2.7%) versus the prior year and $3,275 versus the prior month.

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

Goldsboro's average listing price for 2024-06-01 was $345,322, a difference of $42,948 (14.2%) versus the prior year and $8,201 versus the prior month.

For the 2024-06-01 period, Goldsboro had 250 MLS listings, a difference of 13 listings (5%) versus the prior month and 120 listings (92%) 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 1,793 sqft
Goldsboro's median listing age (time on market) for 2024-06-01 was 0 days.

Goldsboro's median square footage for active listings during the 2024-06-01 period was 1,793 sqft. One year prior, the average listing was 1,831 sqft.