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
7.11%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Greeneville's average USDA mortgage closing costs are $4,906.
The average rate for the prior week (2024-04-12) was
6.66% and
one month ago for the week of 2024-03-15, the
average rate was 6.45%.
The average rate one year ago was 6.39%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.96%.
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 |
Greeneville's median listing price comes in at 0% of the national average.
Greeneville's average listing price for 2024-03-01 was $456,848, a difference of $14,512 (3.3%) versus the prior year and $-5,210 versus the prior month.
For the 2024-03-01 period, Greeneville had 128 MLS listings, a difference of 10 listings (8%) versus the prior month and 8 listings (7%) 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 |
Greeneville's median square footage for active listings during the 2024-03-01 period was 1,797 sqft. One year prior, the average listing was 1,932 sqft.