Greenville USDA Loan Rates, Closing Costs & Stats

Greenville, MS

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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.

    Greenville's 3 lenders originated 4 USDA loans during 2023. The total origination value was $480,000, with an average USDA loan value of $120,000.

    Greenville USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Greenville averaged 6.78% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Greenville's average USDA mortgage closing costs are $4,025.

    The average rate for the prior week (2024-04-12) was 6.93% and one month ago for the week of 2024-03-15, the average rate was 6.72%.

    The average rate one year ago was 6.46%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.86%.

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

    Greenville 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 Greenville level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GUARANTY HOME MORTGAGE CORPORATION 2 5.50% $4,449
    Flagstar Bank, FSB 1 6.25% $4,870
    Renasant Bank 1 7.25% $6,150

    The top Greenville USDA lender as defined by loan originations is GUARANTY HOME MORTGAGE CORPORATION, with 2 USDA loans originated. Their average total fees are $4,449, which is $421 lower than the next largest lender, Flagstar Bank, FSB.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Greenville (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 $123,625 (25.2%) $148,651 (11.7%) 0.00 120
    2018-02-01 $140,500 (36.4%) $154,788 (8.2%) 0.00 128
    2018-03-01 $140,000 (35.3%) $155,251 (1.8%) 0.00 133
    2018-04-01 $141,500 (20.9%) $159,303 (-1.3%) 0.00 132
    2018-05-01 $135,000 (13.5%) $152,460 (-2.8%) 0.00 136
    2018-06-01 $122,000 (-10.0%) $142,479 (-14.0%) 0.00 147
    2018-07-01 $135,000 (9.8%) $143,522 (-7.4%) 0.00 142
    2018-08-01 $128,450 (7.0%) $139,911 (-8.3%) 0.00 135
    2018-09-01 $119,000 (-0.4%) $139,772 (-5.6%) 0.00 132
    2018-10-01 $119,250 (-0.6%) $141,394 (-2.1%) 0.00 143
    2018-11-01 $123,225 (2.7%) $139,577 (-2.2%) 0.00 138
    2018-12-01 $130,000 (8.3%) $144,745 (1.0%) 0.00 128
    2019-01-01 $130,000 (5.2%) $148,057 (-0.4%) 0.00 113
    2019-02-01 $124,350 (-11.5%) $147,043 (-5.0%) 0.00 110
    2019-03-01 $121,321 (-13.3%) $144,565 (-6.9%) 0.00 106
    2019-04-01 $123,500 (-12.7%) $144,623 (-9.2%) 0.00 110
    2019-05-01 $121,125 (-10.3%) $143,340 (-6.0%) 0.00 116
    2019-06-01 $125,000 (2.5%) $143,742 (0.9%) 0.00 115
    2019-07-01 $128,225 (-5.0%) $149,997 (4.5%) 0.00 103
    2019-08-01 $119,691 (-6.8%) $144,586 (3.3%) 0.00 98
    2019-09-01 $108,052 (-9.2%) $137,499 (-1.6%) 0.00 103
    2019-10-01 $99,625 (-16.5%) $133,664 (-5.5%) 0.00 106
    2019-11-01 $110,000 (-10.7%) $133,418 (-4.4%) 0.00 113
    2019-12-01 $98,750 (-24.0%) $129,567 (-10.5%) 0.00 110
    2020-01-01 $106,125 (-18.4%) $128,213 (-13.4%) 0.00 105
    2020-02-01 $114,950 (-7.6%) $141,561 (-3.7%) 0.00 117
    2020-03-01 $124,950 (3.0%) $148,632 (2.8%) 0.00 119
    2020-04-01 $114,950 (-6.9%) $149,408 (3.3%) 0.00 119
    2020-05-01 $125,000 (3.2%) $155,807 (8.7%) 0.00 108
    2020-06-01 $123,750 (-1.0%) $159,090 (10.7%) 0.00 107
    2020-07-01 $125,000 (-2.5%) $158,746 (5.8%) 0.00 103
    2020-08-01 $120,000 (0.3%) $158,717 (9.8%) 0.00 102
    2020-09-01 $119,900 (11.0%) $154,705 (12.5%) 0.00 91
    2020-10-01 $119,500 (20.0%) $159,869 (19.6%) 0.00 89
    2020-11-01 $109,750 (-0.2%) $154,683 (15.9%) 0.00 95
    2020-12-01 $110,000 (11.4%) $157,048 (21.2%) 0.00 88
    2021-01-01 $110,000 (3.7%) $158,116 (23.3%) 0.00 86
    2021-02-01 $106,250 (-7.6%) $150,548 (6.4%) 0.00 87
    2021-03-01 $114,500 (-8.4%) $154,150 (3.7%) 0.00 77
    2021-04-01 $120,000 (4.4%) $157,559 (5.5%) 0.00 74
    2021-05-01 $135,000 (8.0%) $168,334 (8.0%) 0.00 65
    2021-06-01 $136,250 (10.1%) $179,195 (12.6%) 0.00 66
    2021-07-01 $129,000 (3.2%) $176,869 (11.4%) 0.00 64
    2021-08-01 $129,750 (8.1%) $181,769 (14.5%) 0.00 57
    2021-09-01 $130,125 (8.5%) $173,257 (12.0%) 0.00 58
    2021-10-01 $128,500 (7.5%) $160,327 (0.3%) 0.00 70
    2021-11-01 $129,000 (17.5%) $162,575 (5.1%) 0.00 75
    2021-12-01 $129,250 (17.5%) $170,985 (8.9%) 0.00 67
    2022-01-01 $129,900 (18.1%) $184,405 (16.6%) 0.00 65
    2022-02-01 $125,000 (17.7%) $174,498 (15.9%) 0.00 57
    2022-03-01 $100,000 (-12.7%) $155,993 (1.2%) 0.00 55
    2022-04-01 $139,950 (16.6%) $187,530 (19.0%) 0.00 49
    2022-05-01 $138,950 (2.9%) $172,128 (2.3%) 0.00 51
    2022-06-01 $136,000 (-0.2%) $156,507 (-12.7%) 0.00 51
    2022-07-01 $142,900 (10.8%) $160,291 (-9.4%) 0.00 62
    2022-08-01 $144,625 (11.5%) $161,288 (-11.3%) 0.00 70
    2022-09-01 $149,250 (14.7%) $172,164 (-0.6%) 0.00 67
    2022-10-01 $136,450 (6.2%) $164,016 (2.3%) 0.00 66
    2022-11-01 $135,000 (4.7%) $157,943 (-2.9%) 0.00 66
    2022-12-01 $135,000 (4.5%) $158,798 (-7.1%) 0.00 70
    2023-01-01 $134,998 (3.9%) $156,109 (-15.3%) 0.00 68
    2023-02-01 $128,750 (3.0%) $160,465 (-8.0%) 0.00 64
    2023-03-01 $125,000 (25.0%) $153,021 (-1.9%) 0.00 70
    2023-04-01 $135,000 (-3.5%) $159,078 (-15.2%) 0.00 73
    2023-05-01 $130,873 (-5.8%) $163,222 (-5.2%) 0.00 63
    2023-06-01 $124,975 (-8.1%) $157,278 (0.5%) 0.00 65
    2023-07-01 $117,000 (-18.1%) $153,098 (-4.5%) 0.00 66
    2023-08-01 $114,500 (-20.8%) $153,526 (-4.8%) 0.00 63
    2023-09-01 $111,000 (-25.6%) $148,474 (-13.8%) 0.00 64
    2023-10-01 $97,000 (-28.9%) $137,613 (-16.1%) 0.00 74
    2023-11-01 $95,000 (-29.6%) $126,819 (-19.7%) 0.00 75
    2023-12-01 $97,000 (-28.2%) $130,979 (-17.5%) 0.00 72
    2024-01-01 $123,375 (-8.6%) $138,667 (-11.2%) 0.00 78
    2024-02-01 $118,125 (-8.3%) $141,323 (-11.9%) 0.00 74
    2024-03-01 $135,000 (8.0%) $162,670 (6.3%) 0.00 68
    Greenville's median listing price for 2024-03-01 was $135,000, a difference of $10,000 (8.0%) versus the prior year and $16,875 versus the prior month.

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

    Greenville's average listing price for 2024-03-01 was $162,670, a difference of $9,649 (6.3%) versus the prior year and $21,347 versus the prior month.

    For the 2024-03-01 period, Greenville had 68 MLS listings, a difference of -6 listings (-8%) versus the prior month and -2 listings (-3%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Greenville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,971 sqft
    2018-02-01 0 days 2,140 sqft
    2018-03-01 0 days 2,140 sqft
    2018-04-01 0 days 2,152 sqft
    2018-05-01 0 days 2,069 sqft
    2018-06-01 0 days 1,998 sqft
    2018-07-01 0 days 2,030 sqft
    2018-08-01 0 days 1,997 sqft
    2018-09-01 0 days 2,030 sqft
    2018-10-01 0 days 2,042 sqft
    2018-11-01 0 days 1,997 sqft
    2018-12-01 0 days 2,035 sqft
    2019-01-01 0 days 2,054 sqft
    2019-02-01 0 days 2,090 sqft
    2019-03-01 0 days 2,088 sqft
    2019-04-01 0 days 2,100 sqft
    2019-05-01 0 days 2,045 sqft
    2019-06-01 0 days 2,039 sqft
    2019-07-01 0 days 2,016 sqft
    2019-08-01 0 days 1,959 sqft
    2019-09-01 0 days 1,895 sqft
    2019-10-01 0 days 1,861 sqft
    2019-11-01 0 days 1,884 sqft
    2019-12-01 0 days 1,885 sqft
    2020-01-01 0 days 1,895 sqft
    2020-02-01 0 days 1,966 sqft
    2020-03-01 0 days 1,996 sqft
    2020-04-01 0 days 1,920 sqft
    2020-05-01 0 days 2,000 sqft
    2020-06-01 0 days 2,036 sqft
    2020-07-01 0 days 1,994 sqft
    2020-08-01 0 days 2,165 sqft
    2020-09-01 0 days 2,142 sqft
    2020-10-01 0 days 2,121 sqft
    2020-11-01 0 days 1,876 sqft
    2020-12-01 0 days 2,020 sqft
    2021-01-01 0 days 1,961 sqft
    2021-02-01 0 days 1,835 sqft
    2021-03-01 0 days 1,923 sqft
    2021-04-01 0 days 1,967 sqft
    2021-05-01 0 days 2,131 sqft
    2021-06-01 0 days 2,297 sqft
    2021-07-01 0 days 2,207 sqft
    2021-08-01 0 days 2,230 sqft
    2021-09-01 0 days 2,126 sqft
    2021-10-01 0 days 1,896 sqft
    2021-11-01 0 days 1,765 sqft
    2021-12-01 0 days 1,700 sqft
    2022-01-01 0 days 1,868 sqft
    2022-02-01 0 days 1,820 sqft
    2022-03-01 0 days 1,672 sqft
    2022-04-01 0 days 1,950 sqft
    2022-05-01 0 days 1,907 sqft
    2022-06-01 0 days 1,842 sqft
    2022-07-01 0 days 1,811 sqft
    2022-08-01 0 days 1,745 sqft
    2022-09-01 0 days 1,800 sqft
    2022-10-01 0 days 1,736 sqft
    2022-11-01 0 days 1,761 sqft
    2022-12-01 0 days 1,775 sqft
    2023-01-01 0 days 1,727 sqft
    2023-02-01 0 days 1,749 sqft
    2023-03-01 0 days 1,711 sqft
    2023-04-01 0 days 1,749 sqft
    2023-05-01 0 days 1,710 sqft
    2023-06-01 0 days 1,648 sqft
    2023-07-01 0 days 1,688 sqft
    2023-08-01 0 days 1,734 sqft
    2023-09-01 0 days 1,797 sqft
    2023-10-01 0 days 1,657 sqft
    2023-11-01 0 days 1,489 sqft
    2023-12-01 0 days 1,531 sqft
    2024-01-01 0 days 1,682 sqft
    2024-02-01 0 days 1,674 sqft
    2024-03-01 0 days 1,845 sqft
    Greenville's median listing age (time on market) for 2024-03-01 was 0 days.

    Greenville's median square footage for active listings during the 2024-03-01 period was 1,845 sqft. One year prior, the average listing was 1,711 sqft.