Greeneville USDA Loan Rates, Closing Costs & Stats

Greeneville, TN

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.

Greeneville's 11 lenders originated 18 USDA loans during 2023. The total origination value was $3,540,000, with an average USDA loan value of $196,667.

Greeneville USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Greeneville averaged 6.96% for the week of 2024-06-14, compared to the national average (all USDA variants) of 6.709% for the same period.

Greeneville's average USDA mortgage closing costs are $4,906.

The average rate for the prior week (2024-06-07) was 6.75% and one month ago for the week of 2024-05-10, the average rate was 6.84%.

The average rate one year ago was 6.79%.

For refis of the same type during the week of 2024-06-14, the average rate was 6.71%.

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

Greeneville 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 Greeneville level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
GVC MORTGAGE, INC. 3 6.25% $6,231
MORTGAGE INVESTORS GROUP, INC. 2 6.25% $9,256
EVERETT FINANCIAL, INC. 2 7.00% $5,167
UNION HOME MORTGAGE CORP. 2 5.81% $9,464
UNITED WHOLESALE MORTGAGE, LLC 2 6.69% $7,374
Sierra Pacific Mortgage Company, Inc. 1 7.13% $10,685
MID AMERICA MORTGAGE, INC. 1 5.50% $6,222
GENEVA FINANCIAL, LLC 1 7.00% $12,917
LEADERONE FINANCIAL CORPORATION 1 5.38% $10,643
DAS Acquisition Company, LLC 1 7.75% $9,491
Northpointe Bank 1 5.63% $8,097

The top Greeneville USDA lender as defined by loan originations is GVC MORTGAGE, INC., with 3 USDA loans originated. Their average total fees are $6,231, which is $3,025 lower than the next largest lender, MORTGAGE INVESTORS GROUP, INC..

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Greeneville (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 $179,900 (19.9%) $259,815 (17.0%) 0.00 265
2018-02-01 $179,950 (20.1%) $271,331 (19.2%) 0.00 258
2018-03-01 $189,900 (23.5%) $268,117 (11.3%) 0.00 253
2018-04-01 $186,450 (13.1%) $261,846 (5.4%) 0.00 256
2018-05-01 $189,925 (8.6%) $264,260 (3.8%) 0.00 266
2018-06-01 $179,900 (4.9%) $253,554 (2.5%) 0.00 284
2018-07-01 $178,675 (-2.0%) $251,808 (0.9%) 0.00 292
2018-08-01 $179,900 (1.4%) $250,184 (1.5%) 0.00 296
2018-09-01 $179,900 (2.9%) $248,359 (1.7%) 0.00 305
2018-10-01 $171,400 (-2.2%) $235,734 (-5.5%) 0.00 293
2018-11-01 $169,900 (-5.6%) $231,429 (-10.1%) 0.00 291
2018-12-01 $169,900 (-5.3%) $233,540 (-10.2%) 0.00 275
2019-01-01 $169,900 (-5.6%) $235,543 (-9.3%) 0.00 262
2019-02-01 $165,575 (-8.0%) $231,885 (-14.5%) 0.00 269
2019-03-01 $178,471 (-6.0%) $243,374 (-9.2%) 0.00 263
2019-04-01 $194,449 (4.3%) $258,073 (-1.4%) 0.00 252
2019-05-01 $198,000 (4.3%) $254,077 (-3.9%) 0.00 256
2019-06-01 $207,450 (15.3%) $262,858 (3.7%) 0.00 258
2019-07-01 $209,900 (17.5%) $262,661 (4.3%) 0.00 251
2019-08-01 $194,445 (8.1%) $256,054 (2.4%) 0.00 254
2019-09-01 $186,264 (3.5%) $250,690 (0.9%) 0.00 253
2019-10-01 $182,059 (6.2%) $246,834 (4.7%) 0.00 252
2019-11-01 $184,900 (8.8%) $250,799 (8.4%) 0.00 248
2019-12-01 $184,925 (8.8%) $256,300 (9.8%) 0.00 235
2020-01-01 $184,950 (8.9%) $257,200 (9.2%) 0.00 210
2020-02-01 $209,900 (26.8%) $260,457 (12.3%) 0.00 203
2020-03-01 $225,550 (26.4%) $283,798 (16.6%) 0.00 167
2020-04-01 $239,950 (23.4%) $313,772 (21.6%) 0.00 161
2020-05-01 $248,900 (25.7%) $319,164 (25.6%) 0.00 141
2020-06-01 $247,425 (19.3%) $323,810 (23.2%) 0.00 133
2020-07-01 $242,175 (15.4%) $315,434 (20.1%) 0.00 114
2020-08-01 $234,900 (20.8%) $313,255 (22.3%) 0.00 113
2020-09-01 $233,750 (25.5%) $320,170 (27.7%) 0.00 92
2020-10-01 $234,500 (28.8%) $324,516 (31.5%) 0.00 96
2020-11-01 $244,900 (32.5%) $321,246 (28.1%) 0.00 105
2020-12-01 $229,900 (24.3%) $330,662 (29.0%) 0.00 100
2021-01-01 $229,900 (24.3%) $329,389 (28.1%) 0.00 98
2021-02-01 $288,100 (37.3%) $390,912 (50.1%) 0.00 69
2021-03-01 $278,550 (23.5%) $390,798 (37.7%) 0.00 65
2021-04-01 $296,975 (23.8%) $421,639 (34.4%) 0.00 68
2021-05-01 $271,000 (8.9%) $397,234 (24.5%) 0.00 89
2021-06-01 $296,800 (20.0%) $423,302 (30.7%) 0.00 98
2021-07-01 $299,900 (23.8%) $418,060 (32.5%) 0.00 114
2021-08-01 $284,900 (21.3%) $404,585 (29.2%) 0.00 108
2021-09-01 $269,975 (15.5%) $382,778 (19.6%) 0.00 105
2021-10-01 $249,900 (6.6%) $386,876 (19.2%) 0.00 107
2021-11-01 $282,450 (15.3%) $384,082 (19.6%) 0.00 100
2021-12-01 $256,950 (11.8%) $404,021 (22.2%) 0.00 83
2022-01-01 $304,450 (32.4%) $424,356 (28.8%) 0.00 69
2022-02-01 $346,175 (20.2%) $453,172 (15.9%) 0.00 62
2022-03-01 $361,200 (29.7%) $475,879 (21.8%) 0.00 56
2022-04-01 $329,900 (11.1%) $422,408 (0.2%) 0.00 61
2022-05-01 $289,450 (6.8%) $379,216 (-4.5%) 0.00 77
2022-06-01 $333,725 (12.4%) $406,723 (-3.9%) 0.00 92
2022-07-01 $334,950 (11.7%) $406,160 (-2.9%) 0.00 100
2022-08-01 $339,475 (19.2%) $406,009 (0.4%) 0.00 109
2022-09-01 $349,900 (29.6%) $404,597 (5.7%) 0.00 136
2022-10-01 $348,450 (39.4%) $404,000 (4.4%) 0.00 152
2022-11-01 $349,900 (23.9%) $398,965 (3.9%) 0.00 154
2022-12-01 $349,900 (36.2%) $406,914 (0.7%) 0.00 148
2023-01-01 $356,175 (17.0%) $420,045 (-1.0%) 0.00 143
2023-02-01 $354,900 (2.5%) $433,592 (-4.3%) 0.00 124
2023-03-01 $356,453 (-1.3%) $442,336 (-7.1%) 0.00 120
2023-04-01 $369,900 (12.1%) $517,911 (22.6%) 0.00 117
2023-05-01 $362,400 (25.2%) $493,689 (30.2%) 0.00 125
2023-06-01 $365,925 (9.7%) $489,640 (20.4%) 0.00 143
2023-07-01 $399,000 (19.1%) $524,369 (29.1%) 0.00 145
2023-08-01 $388,725 (14.5%) $522,558 (28.7%) 0.00 156
2023-09-01 $384,950 (10.0%) $552,188 (36.5%) 0.00 142
2023-10-01 $349,900 (0.4%) $514,039 (27.2%) 0.00 149
2023-11-01 $339,000 (-3.1%) $475,170 (19.1%) 0.00 152
2023-12-01 $329,450 (-5.8%) $472,563 (16.1%) 0.00 154
2024-01-01 $344,450 (-3.3%) $449,899 (7.1%) 0.00 133
2024-02-01 $343,750 (-3.1%) $462,058 (6.6%) 0.00 118
2024-03-01 $349,900 (-1.8%) $456,848 (3.3%) 0.00 128
2024-04-01 $349,900 (-5.4%) $465,370 (-10.1%) 0.00 130
2024-05-01 $327,450 (-9.6%) $477,138 (-3.4%) 0.00 166
Greeneville's median listing price for 2024-05-01 was $327,450, a difference of $-34,950 (-9.6%) versus the prior year and $-22,450 versus the prior month.

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

Greeneville's average listing price for 2024-05-01 was $477,138, a difference of $-16,551 (-3.4%) versus the prior year and $11,768 versus the prior month.

For the 2024-05-01 period, Greeneville had 166 MLS listings, a difference of 36 listings (28%) versus the prior month and 41 listings (33%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Greeneville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,066 sqft
2018-02-01 0 days 2,029 sqft
2018-03-01 0 days 2,005 sqft
2018-04-01 0 days 1,989 sqft
2018-05-01 0 days 1,951 sqft
2018-06-01 0 days 1,894 sqft
2018-07-01 0 days 1,926 sqft
2018-08-01 0 days 1,972 sqft
2018-09-01 0 days 2,000 sqft
2018-10-01 0 days 1,984 sqft
2018-11-01 0 days 1,884 sqft
2018-12-01 0 days 1,923 sqft
2019-01-01 0 days 1,850 sqft
2019-02-01 0 days 1,860 sqft
2019-03-01 0 days 1,921 sqft
2019-04-01 0 days 2,053 sqft
2019-05-01 0 days 2,061 sqft
2019-06-01 0 days 2,047 sqft
2019-07-01 0 days 2,048 sqft
2019-08-01 0 days 1,971 sqft
2019-09-01 0 days 1,894 sqft
2019-10-01 0 days 1,833 sqft
2019-11-01 0 days 1,920 sqft
2019-12-01 0 days 1,911 sqft
2020-01-01 0 days 1,920 sqft
2020-02-01 0 days 1,830 sqft
2020-03-01 0 days 1,966 sqft
2020-04-01 0 days 2,062 sqft
2020-05-01 0 days 2,042 sqft
2020-06-01 0 days 2,063 sqft
2020-07-01 0 days 2,040 sqft
2020-08-01 0 days 2,009 sqft
2020-09-01 0 days 1,888 sqft
2020-10-01 0 days 1,935 sqft
2020-11-01 0 days 1,904 sqft
2020-12-01 0 days 1,876 sqft
2021-01-01 0 days 1,717 sqft
2021-02-01 0 days 2,014 sqft
2021-03-01 0 days 2,007 sqft
2021-04-01 0 days 1,942 sqft
2021-05-01 0 days 1,872 sqft
2021-06-01 0 days 1,859 sqft
2021-07-01 0 days 1,871 sqft
2021-08-01 0 days 1,783 sqft
2021-09-01 0 days 1,743 sqft
2021-10-01 0 days 1,788 sqft
2021-11-01 0 days 1,811 sqft
2021-12-01 0 days 1,757 sqft
2022-01-01 0 days 1,856 sqft
2022-02-01 0 days 2,119 sqft
2022-03-01 0 days 2,046 sqft
2022-04-01 0 days 1,858 sqft
2022-05-01 0 days 1,812 sqft
2022-06-01 0 days 1,884 sqft
2022-07-01 0 days 1,783 sqft
2022-08-01 0 days 1,800 sqft
2022-09-01 0 days 1,700 sqft
2022-10-01 0 days 1,738 sqft
2022-11-01 0 days 1,800 sqft
2022-12-01 0 days 1,810 sqft
2023-01-01 0 days 1,849 sqft
2023-02-01 0 days 1,985 sqft
2023-03-01 0 days 1,932 sqft
2023-04-01 0 days 1,947 sqft
2023-05-01 0 days 1,842 sqft
2023-06-01 0 days 1,805 sqft
2023-07-01 0 days 1,931 sqft
2023-08-01 0 days 1,936 sqft
2023-09-01 0 days 1,792 sqft
2023-10-01 0 days 1,742 sqft
2023-11-01 0 days 1,731 sqft
2023-12-01 0 days 1,690 sqft
2024-01-01 0 days 1,679 sqft
2024-02-01 0 days 1,720 sqft
2024-03-01 0 days 1,797 sqft
2024-04-01 0 days 1,788 sqft
2024-05-01 0 days 1,760 sqft
Greeneville's median listing age (time on market) for 2024-05-01 was 0 days.

Greeneville's median square footage for active listings during the 2024-05-01 period was 1,760 sqft. One year prior, the average listing was 1,842 sqft.