Greensburg USDA Loan Rates, Closing Costs & Stats

Greensburg, IN

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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.

    Greensburg's 10 lenders originated 22 USDA loans during 2023. The total origination value was $3,500,000, with an average USDA loan value of $159,091.

    Greensburg USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Greensburg averaged 7.12% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Greensburg's average USDA mortgage closing costs are $3,844.

    The average rate for the prior week (2024-04-12) was 6.67% and one month ago for the week of 2024-03-15, the average rate was 6.85%.

    The average rate one year ago was 6.69%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.96%.

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

    Greensburg 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 Greensburg level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GVC MORTGAGE, INC. 11 7.15% $5,730
    RUOFF MORTGAGE COMPANY, INC. 2 6.94% $1,858
    Fifth Third Bank 2 6.69% $4,706
    Nations Lending Corporation 1 6.63% $2,206
    POLARIS HOME FUNDING CORP. 1 5.75% $6,488
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.75% $5,795
    CROSSCOUNTRY MORTGAGE, LLC 1 7.38% $3,088
    U.S. Bank 1 7.75% $4,040
    FIRST COMMUNITY MORTGAGE, INC. 1 7.50% $4,370
    German American Bank 1 6.00% $3,350

    The top Greensburg USDA lender as defined by loan originations is GVC MORTGAGE, INC., with 11 USDA loans originated. Their average total fees are $5,730, which is $3,872 higher than the next largest lender, RUOFF MORTGAGE COMPANY, INC..

    The lowest fee Greensburg USDA lenders (with over 10 loans originated) are GVC MORTGAGE, INC. ($5,730), .

    The lowest rate Greensburg USDA lenders (with over 10 loans originated) are GVC MORTGAGE, INC. (7.15%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Greensburg (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 $123,325 (-12.6%) $160,337 (-9.7%) 0.00 76
    2018-02-01 $119,050 (-22.8%) $153,222 (-20.6%) 0.00 75
    2018-03-01 $129,500 (-16.1%) $154,470 (-22.9%) 0.00 62
    2018-04-01 $131,338 (-14.8%) $157,768 (-20.1%) 0.00 68
    2018-05-01 $134,675 (-7.8%) $162,248 (-18.7%) 0.00 67
    2018-06-01 $142,450 (-9.8%) $175,669 (-12.9%) 0.00 79
    2018-07-01 $149,650 (0.1%) $178,859 (-9.1%) 0.00 79
    2018-08-01 $149,900 (10.1%) $189,080 (-0.6%) 0.00 81
    2018-09-01 $145,000 (11.8%) $180,054 (7.5%) 0.00 90
    2018-10-01 $140,950 (9.6%) $180,496 (4.5%) 0.00 89
    2018-11-01 $147,100 (13.8%) $190,634 (11.6%) 0.00 81
    2018-12-01 $149,900 (12.0%) $201,766 (20.5%) 0.00 73
    2019-01-01 $161,150 (30.7%) $198,364 (23.7%) 0.00 69
    2019-02-01 $161,675 (35.8%) $195,092 (27.3%) 0.00 62
    2019-03-01 $159,900 (23.5%) $197,421 (27.8%) 0.00 64
    2019-04-01 $177,400 (35.1%) $213,681 (35.4%) 0.00 64
    2019-05-01 $197,250 (46.5%) $238,119 (46.8%) 0.00 63
    2019-06-01 $183,500 (28.8%) $240,366 (36.8%) 0.00 76
    2019-07-01 $182,175 (21.7%) $254,502 (42.3%) 0.00 80
    2019-08-01 $178,118 (18.8%) $244,499 (29.3%) 0.00 86
    2019-09-01 $184,745 (27.4%) $246,957 (37.2%) 0.00 84
    2019-10-01 $186,214 (32.1%) $246,544 (36.6%) 0.00 83
    2019-11-01 $166,200 (13.0%) $210,738 (10.6%) 0.00 79
    2019-12-01 $168,550 (12.4%) $221,150 (9.6%) 0.00 62
    2020-01-01 $144,200 (-10.5%) $222,465 (12.2%) 0.00 55
    2020-02-01 $169,900 (5.1%) $230,033 (17.9%) 0.00 50
    2020-03-01 $169,900 (6.3%) $241,022 (22.1%) 0.00 39
    2020-04-01 $159,450 (-10.1%) $227,709 (6.6%) 0.00 38
    2020-05-01 $169,900 (-13.9%) $222,789 (-6.4%) 0.00 37
    2020-06-01 $179,900 (-2.0%) $242,756 (1.0%) 0.00 31
    2020-07-01 $183,450 (0.7%) $249,909 (-1.8%) 0.00 27
    2020-08-01 $182,450 (2.4%) $248,132 (1.5%) 0.00 32
    2020-09-01 $154,450 (-16.4%) $202,195 (-18.1%) 0.00 34
    2020-10-01 $165,000 (-11.4%) $206,854 (-16.1%) 0.00 42
    2020-11-01 $174,900 (5.2%) $214,942 (2.0%) 0.00 40
    2020-12-01 $178,700 (6.0%) $233,740 (5.7%) 0.00 35
    2021-01-01 $188,400 (30.7%) $266,121 (19.6%) 0.00 30
    2021-02-01 $166,950 (-1.7%) $256,794 (11.6%) 0.00 25
    2021-03-01 $187,900 (10.6%) $286,578 (18.9%) 0.00 18
    2021-04-01 $202,625 (27.1%) $284,767 (25.1%) 0.00 22
    2021-05-01 $229,900 (35.3%) $279,719 (25.6%) 0.00 23
    2021-06-01 $209,075 (16.2%) $251,977 (3.8%) 0.00 28
    2021-07-01 $209,900 (14.4%) $265,082 (6.1%) 0.00 31
    2021-08-01 $193,725 (6.2%) $260,130 (4.8%) 0.00 34
    2021-09-01 $189,500 (22.7%) $274,054 (35.5%) 0.00 46
    2021-10-01 $189,900 (15.1%) $276,536 (33.7%) 0.00 49
    2021-11-01 $224,925 (28.6%) $296,614 (38.0%) 0.00 51
    2021-12-01 $223,450 (25.0%) $298,572 (27.7%) 0.00 45
    2022-01-01 $184,450 (-2.1%) $271,254 (1.9%) 0.00 37
    2022-02-01 $171,125 (2.5%) $290,221 (13.0%) 0.00 31
    2022-03-01 $229,950 (22.4%) $331,246 (15.6%) 0.00 29
    2022-04-01 $211,200 (4.2%) $315,196 (10.7%) 0.00 28
    2022-05-01 $194,850 (-15.3%) $308,334 (10.2%) 0.00 26
    2022-06-01 $174,950 (-16.3%) $292,243 (16.0%) 0.00 41
    2022-07-01 $195,000 (-7.1%) $321,826 (21.4%) 0.00 46
    2022-08-01 $199,875 (3.2%) $299,143 (15.0%) 0.00 53
    2022-09-01 $195,000 (2.9%) $270,756 (-1.2%) 0.00 45
    2022-10-01 $212,500 (11.9%) $268,375 (-3.0%) 0.00 48
    2022-11-01 $189,900 (-15.6%) $268,170 (-9.6%) 0.00 42
    2022-12-01 $210,000 (-6.0%) $284,176 (-4.8%) 0.00 37
    2023-01-01 $189,700 (2.9%) $277,629 (2.4%) 0.00 34
    2023-02-01 $190,975 (11.6%) $283,557 (-2.3%) 0.00 26
    2023-03-01 $230,400 (0.2%) $303,239 (-8.5%) 0.00 22
    2023-04-01 $239,900 (13.6%) $325,504 (3.3%) 0.00 26
    2023-05-01 $224,900 (15.4%) $325,730 (5.6%) 0.00 30
    2023-06-01 $273,075 (56.1%) $331,413 (13.4%) 0.00 33
    2023-07-01 $285,000 (46.2%) $315,002 (-2.1%) 0.00 41
    2023-08-01 $262,350 (31.3%) $293,614 (-1.9%) 0.00 54
    2023-09-01 $239,900 (23.0%) $260,165 (-3.9%) 0.00 56
    2023-10-01 $241,100 (13.5%) $259,732 (-3.2%) 0.00 52
    2023-11-01 $257,450 (35.6%) $279,165 (4.1%) 0.00 41
    2023-12-01 $239,500 (14.1%) $268,101 (-5.7%) 0.00 35
    2024-01-01 $237,625 (25.3%) $272,776 (-1.8%) 0.00 35
    2024-02-01 $234,875 (23.0%) $308,234 (8.7%) 0.00 34
    2024-03-01 $246,900 (7.2%) $348,210 (14.8%) 0.00 35
    Greensburg's median listing price for 2024-03-01 was $246,900, a difference of $16,500 (7.2%) versus the prior year and $12,025 versus the prior month.

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

    Greensburg's average listing price for 2024-03-01 was $348,210, a difference of $44,971 (14.8%) versus the prior year and $39,976 versus the prior month.

    For the 2024-03-01 period, Greensburg had 35 MLS listings, a difference of 1 listings (3%) versus the prior month and 13 listings (59%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Greensburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,767 sqft
    2018-02-01 0 days 1,786 sqft
    2018-03-01 0 days 1,795 sqft
    2018-04-01 0 days 1,757 sqft
    2018-05-01 0 days 1,810 sqft
    2018-06-01 0 days 1,881 sqft
    2018-07-01 0 days 1,891 sqft
    2018-08-01 0 days 1,888 sqft
    2018-09-01 0 days 1,756 sqft
    2018-10-01 0 days 1,740 sqft
    2018-11-01 0 days 1,779 sqft
    2018-12-01 0 days 1,831 sqft
    2019-01-01 0 days 1,845 sqft
    2019-02-01 0 days 1,845 sqft
    2019-03-01 0 days 1,802 sqft
    2019-04-01 0 days 1,871 sqft
    2019-05-01 0 days 2,122 sqft
    2019-06-01 0 days 1,972 sqft
    2019-07-01 0 days 1,986 sqft
    2019-08-01 0 days 1,949 sqft
    2019-09-01 0 days 2,000 sqft
    2019-10-01 0 days 2,057 sqft
    2019-11-01 0 days 1,662 sqft
    2019-12-01 0 days 1,646 sqft
    2020-01-01 0 days 1,632 sqft
    2020-02-01 0 days 1,791 sqft
    2020-03-01 0 days 1,806 sqft
    2020-04-01 0 days 1,662 sqft
    2020-05-01 0 days 1,834 sqft
    2020-06-01 0 days 2,061 sqft
    2020-07-01 0 days 2,075 sqft
    2020-08-01 0 days 2,199 sqft
    2020-09-01 0 days 1,767 sqft
    2020-10-01 0 days 2,017 sqft
    2020-11-01 0 days 1,916 sqft
    2020-12-01 0 days 2,087 sqft
    2021-01-01 0 days 2,400 sqft
    2021-02-01 0 days 2,169 sqft
    2021-03-01 0 days 2,451 sqft
    2021-04-01 0 days 2,270 sqft
    2021-05-01 0 days 2,425 sqft
    2021-06-01 0 days 2,031 sqft
    2021-07-01 0 days 1,940 sqft
    2021-08-01 0 days 1,920 sqft
    2021-09-01 0 days 1,867 sqft
    2021-10-01 0 days 1,914 sqft
    2021-11-01 0 days 2,084 sqft
    2021-12-01 0 days 2,058 sqft
    2022-01-01 0 days 1,941 sqft
    2022-02-01 0 days 1,772 sqft
    2022-03-01 0 days 2,090 sqft
    2022-04-01 0 days 1,940 sqft
    2022-05-01 0 days 1,840 sqft
    2022-06-01 0 days 1,851 sqft
    2022-07-01 0 days 1,904 sqft
    2022-08-01 0 days 1,912 sqft
    2022-09-01 0 days 1,902 sqft
    2022-10-01 0 days 1,777 sqft
    2022-11-01 0 days 1,667 sqft
    2022-12-01 0 days 1,819 sqft
    2023-01-01 0 days 1,692 sqft
    2023-02-01 0 days 1,707 sqft
    2023-03-01 0 days 1,556 sqft
    2023-04-01 0 days 1,714 sqft
    2023-05-01 0 days 1,551 sqft
    2023-06-01 0 days 1,958 sqft
    2023-07-01 0 days 1,953 sqft
    2023-08-01 0 days 2,047 sqft
    2023-09-01 0 days 2,130 sqft
    2023-10-01 0 days 2,096 sqft
    2023-11-01 0 days 2,132 sqft
    2023-12-01 0 days 1,855 sqft
    2024-01-01 0 days 1,678 sqft
    2024-02-01 0 days 1,741 sqft
    2024-03-01 0 days 1,816 sqft
    Greensburg's median listing age (time on market) for 2024-03-01 was 0 days.

    Greensburg's median square footage for active listings during the 2024-03-01 period was 1,816 sqft. One year prior, the average listing was 1,556 sqft.