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 23 lenders originated 57 USDA loans during 2022. The total origination value was $10,595,000, with an average USDA loan value of $185,877.

Greeneville USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Greeneville averaged -0.09% for the week of 2024-02-23, compared to the national average (all USDA variants) of 0% for the same period.

Greeneville's average USDA mortgage closing costs are $4,761.

The average rate for the prior week (2024-02-16) was 6.19% and one month ago for the week of 2024-01-19, the average rate was 6.17%.

The average rate one year ago was 6.08%.

For refis of the same type during the week of 2024-02-23, the average rate was -1.51%.

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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 11 4.38% $6,724
Gateway First Bank 7 4.95% $4,063
MORTGAGE INVESTORS GROUP, INC. 5 4.70% $5,359
HANCOCK MORTGAGE PARTNERS, LLC 3 5.58% $6,506
CARDINAL FINANCIAL 3 5.42% $8,881
AMERICAN FINANCIAL RESOURCES, INC. 3 5.42% $14,246
CALIBER HOME LOANS, INC. 2 3.87% $3,940
Sierra Pacific Mortgage Company, Inc. 2 5.75% $7,146
INTERLINC MORTGAGE SERVICES, LLC 2 4.50% $2,389
UNION HOME MORTGAGE CORP. 2 4.88% $6,993
CMG MORTGAGE, INC. 2 4.50% $6,043
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.63% $3,594
HOME POINT FINANCIAL CORPORATION 1 2.88% $7,117
Hometown Lenders, Inc. 1 4.13% $5,073
HomeTrust Bank 1 4.99% $6,446
MOVEMENT MORTGAGE, LLC 1 3.75% $4,460
Renasant Bank 1 3.25% $7,337
STOCKTON MORTGAGE CORPORATION 1 4.75% $5,080
Citizens Bank 1 3.75% $3,541
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 4.25% $5,700
FIRST COMMUNITY MORTGAGE, INC. 1 5.00% $5,403
FREEDOM MORTGAGE CORPORATION 1 6.25% $10,138
Carrington Mortgage Services, LLC 1 5.63% $6,732

The top Greeneville USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 11 USDA loans originated. Their average total fees are $6,724, which is $2,661 higher than the next largest lender, Gateway First Bank.

The lowest fee Greeneville USDA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($6,724), .

The lowest rate Greeneville USDA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (4.38%), .


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
Greeneville's median listing price for 2023-12-01 was $329,450, a difference of $-20,450 (-5.8%) versus the prior year and $-9,550 versus the prior month.

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

Greeneville's average listing price for 2023-12-01 was $472,563, a difference of $65,649 (16.1%) versus the prior year and $-2,607 versus the prior month.

For the 2023-12-01 period, Greeneville had 154 MLS listings, a difference of 2 listings (1%) versus the prior month and 6 listings (4%) 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
Greeneville's median listing age (time on market) for 2023-12-01 was 0 days.

Greeneville's median square footage for active listings during the 2023-12-01 period was 1,690 sqft. One year prior, the average listing was 1,810 sqft.