Greensboro USDA Loan Rates, Closing Costs & Stats

GREENSBORO-HIGH POINT, NC

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    • 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.

    Greensboro's 29 lenders originated 88 USDA loans during 2023. The total origination value was $16,990,000, with an average USDA loan value of $193,068.

    Greensboro USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Greensboro averaged 6.27% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Greensboro's average USDA mortgage closing costs are $4,812.

    The average rate for the prior week (2025-02-07) was 6.23% and one month ago for the week of 2025-01-10, the average rate was 6.18%.

    The average rate one year ago was 6.27%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.83%.

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

    Greensboro 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 Greensboro level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 8 6.88% $10,060
    Alcova Mortgage LLC 5 6.80% $3,377
    DHI MORTGAGE COMPANY, LTD. 4 5.18% $5,425
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.59% $7,198
    Ameris Bank 3 6.67% $7,807
    UNITED WHOLESALE MORTGAGE, LLC 3 5.96% $7,729
    Keystone Funding, Inc. 3 6.83% $6,425
    ACADEMY MORTGAGE CORPORATION 2 6.69% $6,916
    Blue Ridge Bank 2 6.38% $7,094
    CROSSCOUNTRY MORTGAGE, LLC 2 6.00% $8,392
    First Bank 2 5.87% $8,091
    HOMESIDE FINANCIAL, LLC 2 6.75% $9,597
    Renasant Bank 2 6.63% $7,158
    TOWNE MORTGAGE COMPANY 2 6.94% $6,426
    First National Bank of Pennsylvania 1 6.63% $5,889
    GUILD MORTGAGE COMPANY 1 7.13% $6,863
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.13% $9,535
    AXIA FINANCIAL, LLC 1 7.00% $8,982
    HOWARD HANNA FINANCIAL SERVICES, INC. 1 6.63% $5,496
    Integrity Home Mortgage Corp 1 7.13% $5,806
    BancorpSouth 1 5.13% $7,527
    MID AMERICA MORTGAGE, INC. 1 7.50% $6,250
    Mortgage Research Center, LLC 1 6.75% $5,343
    MOVEMENT MORTGAGE, LLC 1 6.75% $6,472
    CMG MORTGAGE, INC. 1 5.75% $10,049
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.75% $8,192
    Citizens Bank 1 7.00% $4,551
    CARDINAL FINANCIAL 1 6.25% $5,112
    UNION HOME MORTGAGE CORP. 1 6.50% $8,513

    The top Greensboro USDA lender as defined by loan originations is ATLANTIC BAY MORTGAGE GROUP, L.L.C., with 8 USDA loans originated. Their average total fees are $10,060, which is $6,684 higher than the next largest lender, Alcova Mortgage LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Greensboro (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 $205,000 (14.1%) $307,535 (14.8%) 0.76 2,360
    2018-02-01 $214,238 (16.0%) $313,783 (13.8%) 0.77 2,285
    2018-03-01 $225,000 (19.8%) $321,380 (14.9%) 0.79 2,267
    2018-04-01 $242,000 (21.1%) $329,300 (14.8%) 0.82 2,246
    2018-05-01 $244,000 (16.2%) $330,513 (11.1%) 0.82 2,353
    2018-06-01 $239,900 (12.0%) $328,792 (9.5%) 0.80 2,406
    2018-07-01 $244,975 (17.2%) $326,378 (10.1%) 0.82 2,401
    2018-08-01 $247,030 (16.7%) $306,499 (3.6%) 0.83 2,095
    2018-09-01 $249,000 (15.8%) $308,923 (2.6%) 0.84 2,086
    2018-10-01 $247,690 (14.7%) $306,357 (0.7%) 0.84 2,112
    2018-11-01 $244,950 (20.4%) $301,704 (-0.2%) 0.83 2,090
    2018-12-01 $246,330 (23.5%) $303,298 (1.4%) 0.85 2,002
    2019-01-01 $249,900 (21.9%) $307,227 (-0.1%) 0.86 1,822
    2019-02-01 $254,400 (18.8%) $306,646 (-2.3%) 0.86 1,724
    2019-03-01 $260,714 (15.9%) $317,009 (-1.4%) 0.85 1,681
    2019-04-01 $265,000 (9.5%) $327,157 (-0.7%) 0.84 1,688
    2019-05-01 $269,900 (10.6%) $328,700 (-0.6%) 0.84 1,790
    2019-06-01 $264,485 (10.3%) $324,708 (-1.2%) 0.83 1,866
    2019-07-01 $266,750 (8.9%) $324,428 (-0.6%) 0.84 1,887
    2019-08-01 $262,490 (6.3%) $318,705 (4.0%) 0.83 1,920
    2019-09-01 $261,033 (4.8%) $315,805 (2.2%) 0.84 1,926
    2019-10-01 $262,419 (6.0%) $316,748 (3.4%) 0.85 1,902
    2019-11-01 $264,174 (7.9%) $318,476 (5.6%) 0.87 1,839
    2019-12-01 $265,515 (7.8%) $316,698 (4.4%) 0.89 1,616
    2020-01-01 $264,597 (5.9%) $313,990 (2.2%) 0.88 1,454
    2020-02-01 $261,310 (2.7%) $314,845 (2.7%) 0.85 1,355
    2020-03-01 $268,450 (3.0%) $324,171 (2.3%) 0.84 1,347
    2020-04-01 $260,623 (-1.7%) $324,129 (-0.9%) 0.81 1,410
    2020-05-01 $284,000 (5.2%) $346,651 (5.5%) 0.87 1,372
    2020-06-01 $291,248 (10.1%) $369,955 (13.9%) 0.86 1,254
    2020-07-01 $296,578 (11.2%) $368,479 (13.6%) 0.86 1,135
    2020-08-01 $299,000 (13.9%) $372,479 (16.9%) 0.86 1,066
    2020-09-01 $296,900 (13.7%) $374,241 (18.5%) 0.85 994
    2020-10-01 $284,900 (8.6%) $361,741 (14.2%) 0.82 968
    2020-11-01 $264,500 (0.1%) $339,746 (6.7%) 0.77 923
    2020-12-01 $257,695 (-3.0%) $339,258 (7.1%) 0.77 910
    2021-01-01 $260,000 (-1.7%) $347,303 (10.6%) 0.78 731
    2021-02-01 $248,698 (-4.8%) $345,475 (9.7%) 0.73 631
    2021-03-01 $252,500 (-5.9%) $355,146 (9.6%) 0.72 550
    2021-04-01 $250,000 (-4.1%) $349,550 (7.8%) 0.68 548
    2021-05-01 $245,900 (-13.4%) $341,850 (-1.4%) 0.66 605
    2021-06-01 $256,175 (-12.0%) $346,599 (-6.3%) 0.67 673
    2021-07-01 $250,000 (-15.7%) $339,945 (-7.7%) 0.66 744
    2021-08-01 $256,995 (-14.1%) $353,253 (-5.2%) 0.69 856
    2021-09-01 $257,000 (-13.4%) $350,308 (-6.4%) 0.69 908
    2021-10-01 $255,000 (-10.5%) $355,984 (-1.6%) 0.68 897
    2021-11-01 $259,195 (-2.0%) $355,152 (4.5%) 0.69 826
    2021-12-01 $258,847 (0.5%) $365,089 (7.6%) 0.70 685
    2022-01-01 $274,900 (5.7%) $374,901 (8.0%) 0.74 557
    2022-02-01 $275,000 (10.6%) $381,210 (10.3%) 0.71 478
    2022-03-01 $278,950 (10.5%) $383,296 (7.9%) 0.69 469
    2022-04-01 $299,000 (19.6%) $402,895 (15.3%) 0.71 486
    2022-05-01 $319,500 (29.9%) $407,220 (19.1%) 0.73 646
    2022-06-01 $337,225 (31.6%) $405,643 (17.0%) 0.75 777
    2022-07-01 $324,900 (30.0%) $395,154 (16.2%) 0.73 909
    2022-08-01 $325,000 (26.5%) $402,467 (13.9%) 0.75 942
    2022-09-01 $326,060 (26.9%) $396,057 (13.1%) 0.76 969
    2022-10-01 $324,640 (27.3%) $390,235 (9.6%) 0.76 1,032
    2022-11-01 $322,450 (24.4%) $392,033 (10.4%) 0.77 1,076
    2022-12-01 $317,895 (22.8%) $389,017 (6.6%) 0.79 1,032
    2023-01-01 $322,551 (17.3%) $388,551 (3.6%) 0.80 902
    2023-02-01 $323,700 (17.7%) $399,691 (4.9%) 0.78 826
    2023-03-01 $326,882 (17.2%) $416,480 (8.7%) 0.77 747
    2023-04-01 $338,400 (13.2%) $420,308 (4.3%) 0.79 766
    2023-05-01 $334,500 (4.7%) $415,079 (1.9%) 0.76 837
    2023-06-01 $341,995 (1.4%) $416,883 (2.8%) 0.77 838
    2023-07-01 $345,000 (6.2%) $423,813 (7.3%) 0.78 843
    2023-08-01 $331,495 (2.0%) $419,054 (4.1%) 0.76 912
    2023-09-01 $330,000 (1.2%) $410,553 (3.7%) 0.77 940
    2023-10-01 $320,875 (-1.2%) $396,975 (1.7%) 0.76 1,082
    2023-11-01 $317,450 (-1.6%) $386,051 (-1.5%) 0.76 1,130
    2023-12-01 $308,965 (-2.8%) $377,177 (-3.0%) 0.75 1,158
    2024-01-01 $310,968 (-3.6%) $374,609 (-3.6%) 0.76 1,108
    2024-02-01 $312,950 (-3.3%) $373,486 (-6.6%) 0.76 1,058
    2024-03-01 $318,900 (-2.4%) $375,722 (-9.8%) 0.75 1,037
    2024-04-01 $329,548 (-2.6%) $390,456 (-7.1%) 0.77 1,062
    2024-05-01 $342,037 (2.3%) $409,642 (-1.3%) 0.78 1,092
    2024-06-01 $339,990 (-0.6%) $416,010 (-0.2%) 0.78 1,180
    2024-07-01 $337,000 (-2.3%) $418,050 (-1.4%) 0.77 1,235
    2024-08-01 $335,000 (1.1%) $418,109 (-0.2%) 0.78 1,265
    2024-09-01 $335,123 (1.6%) $425,340 (3.6%) 0.79 1,359
    2024-10-01 $337,350 (5.1%) $421,238 (6.1%) 0.79 1,460
    2024-11-01 $325,000 (2.4%) $411,927 (6.7%) 0.78 1,546
    2024-12-01 $317,500 (2.8%) $409,279 (8.5%) 0.79 1,465
    2025-01-01 $320,000 (2.9%) $405,796 (8.3%) 0.00 1,342
    Greensboro's median listing price for 2025-01-01 was $320,000, a difference of $9,032 (2.9%) versus the prior year and $2,500 versus the prior month.

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

    Greensboro's average listing price for 2025-01-01 was $405,796, a difference of $31,187 (8.3%) versus the prior year and $-3,483 versus the prior month.

    For the 2025-01-01 period, Greensboro had 1,342 MLS listings, a difference of -123 listings (-8%) versus the prior month and 234 listings (21%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Greensboro (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 92 days 2,082 sqft
    2018-02-01 91 days 2,090 sqft
    2018-03-01 66 days 2,159 sqft
    2018-04-01 59 days 2,290 sqft
    2018-05-01 58 days 2,302 sqft
    2018-06-01 57 days 2,290 sqft
    2018-07-01 65 days 2,275 sqft
    2018-08-01 62 days 2,240 sqft
    2018-09-01 64 days 2,232 sqft
    2018-10-01 65 days 2,211 sqft
    2018-11-01 70 days 2,192 sqft
    2018-12-01 78 days 2,169 sqft
    2019-01-01 87 days 2,195 sqft
    2019-02-01 79 days 2,222 sqft
    2019-03-01 67 days 2,297 sqft
    2019-04-01 51 days 2,366 sqft
    2019-05-01 50 days 2,390 sqft
    2019-06-01 53 days 2,348 sqft
    2019-07-01 57 days 2,309 sqft
    2019-08-01 56 days 2,272 sqft
    2019-09-01 56 days 2,254 sqft
    2019-10-01 56 days 2,245 sqft
    2019-11-01 64 days 2,246 sqft
    2019-12-01 74 days 2,266 sqft
    2020-01-01 81 days 2,239 sqft
    2020-02-01 79 days 2,231 sqft
    2020-03-01 49 days 2,224 sqft
    2020-04-01 52 days 2,200 sqft
    2020-05-01 60 days 2,319 sqft
    2020-06-01 53 days 2,400 sqft
    2020-07-01 52 days 2,389 sqft
    2020-08-01 45 days 2,312 sqft
    2020-09-01 43 days 2,270 sqft
    2020-10-01 36 days 2,225 sqft
    2020-11-01 55 days 2,147 sqft
    2020-12-01 66 days 2,069 sqft
    2021-01-01 74 days 2,050 sqft
    2021-02-01 62 days 2,011 sqft
    2021-03-01 43 days 2,050 sqft
    2021-04-01 43 days 1,959 sqft
    2021-05-01 44 days 1,900 sqft
    2021-06-01 43 days 1,872 sqft
    2021-07-01 40 days 1,841 sqft
    2021-08-01 37 days 1,836 sqft
    2021-09-01 38 days 1,820 sqft
    2021-10-01 43 days 1,818 sqft
    2021-11-01 45 days 1,843 sqft
    2021-12-01 49 days 1,821 sqft
    2022-01-01 56 days 1,813 sqft
    2022-02-01 48 days 1,875 sqft
    2022-03-01 38 days 1,798 sqft
    2022-04-01 32 days 1,906 sqft
    2022-05-01 29 days 1,987 sqft
    2022-06-01 30 days 2,012 sqft
    2022-07-01 34 days 1,944 sqft
    2022-08-01 39 days 1,956 sqft
    2022-09-01 43 days 1,974 sqft
    2022-10-01 44 days 2,016 sqft
    2022-11-01 48 days 2,034 sqft
    2022-12-01 59 days 2,004 sqft
    2023-01-01 65 days 1,981 sqft
    2023-02-01 50 days 1,923 sqft
    2023-03-01 50 days 1,895 sqft
    2023-04-01 40 days 1,938 sqft
    2023-05-01 38 days 1,873 sqft
    2023-06-01 43 days 1,888 sqft
    2023-07-01 43 days 1,900 sqft
    2023-08-01 38 days 1,861 sqft
    2023-09-01 39 days 1,914 sqft
    2023-10-01 38 days 1,853 sqft
    2023-11-01 40 days 1,791 sqft
    2023-12-01 46 days 1,725 sqft
    2024-01-01 54 days 1,670 sqft
    2024-02-01 47 days 1,752 sqft
    2024-03-01 45 days 1,666 sqft
    2024-04-01 40 days 1,776 sqft
    2024-05-01 38 days 2,014 sqft
    2024-06-01 37 days 1,951 sqft
    2024-07-01 43 days 1,912 sqft
    2024-08-01 43 days 1,894 sqft
    2024-09-01 44 days 1,865 sqft
    2024-10-01 45 days 1,840 sqft
    2024-11-01 51 days 1,834 sqft
    2024-12-01 59 days 1,778 sqft
    2025-01-01 0 days 1,790 sqft
    Greensboro's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Greensboro's median square footage for active listings during the 2025-01-01 period was 1,790 sqft. One year prior, the average listing was 1,670 sqft.