Greenville USDA Loan Rates, Closing Costs & Stats

GREENVILLE, 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.

    Greenville's 9 lenders originated 11 USDA loans during 2023. The total origination value was $2,245,000, with an average USDA loan value of $204,091.

    Greenville USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Greenville averaged 6.59% 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 $4,831.

    The average rate for the prior week (2024-04-12) was 6.34% and one month ago for the week of 2024-03-15, the average rate was 6.22%.

    The average rate one year ago was 5.86%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7%.

    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
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 7.00% $8,559
    Alcova Mortgage LLC 2 6.24% $1,805
    American Security Mortgage Corp. 1 5.63% $5,741
    BROKER SOLUTIONS, INC. 1 6.63% $7,563
    GSF Mortgage Corporation 1 6.13% $6,871
    Paramount Residential Mortgage Group, Inc. 1 6.25% $6,731
    Towne Mortgage of the Carolinas, LLC 1 6.50% $5,258
    Truist 1 6.75% $7,437
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.75% $7,160

    The top Greenville USDA lender as defined by loan originations is ATLANTIC BAY MORTGAGE GROUP, L.L.C., with 2 USDA loans originated. Their average total fees are $8,559, which is $6,754 higher than the next largest lender, Alcova Mortgage LLC.

    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 $194,700 (14.6%) $227,940 (13.2%) 0.72 528
    2018-02-01 $196,450 (15.6%) $233,899 (13.4%) 0.71 522
    2018-03-01 $198,750 (12.3%) $234,674 (12.2%) 0.70 535
    2018-04-01 $207,450 (15.3%) $245,507 (15.7%) 0.70 536
    2018-05-01 $204,900 (9.9%) $243,978 (10.8%) 0.68 560
    2018-06-01 $205,750 (8.9%) $245,041 (8.9%) 0.69 574
    2018-07-01 $204,900 (9.8%) $246,767 (9.6%) 0.68 553
    2018-08-01 $199,900 (9.6%) $243,988 (10.1%) 0.67 535
    2018-09-01 $197,000 (6.5%) $234,678 (5.0%) 0.66 553
    2018-10-01 $196,000 (2.3%) $232,635 (3.2%) 0.66 545
    2018-11-01 $198,900 (2.0%) $235,938 (3.4%) 0.67 507
    2018-12-01 $197,900 (3.1%) $235,269 (5.3%) 0.68 465
    2019-01-01 $199,525 (2.5%) $236,695 (3.8%) 0.69 396
    2019-02-01 $203,150 (3.4%) $239,374 (2.3%) 0.69 388
    2019-03-01 $214,050 (7.7%) $246,010 (4.8%) 0.70 371
    2019-04-01 $223,335 (7.7%) $253,808 (3.4%) 0.71 360
    2019-05-01 $239,900 (17.1%) $262,929 (7.8%) 0.75 353
    2019-06-01 $238,950 (16.1%) $260,761 (6.4%) 0.75 339
    2019-07-01 $222,445 (8.6%) $247,318 (0.2%) 0.70 366
    2019-08-01 $221,175 (10.6%) $247,306 (1.4%) 0.70 371
    2019-09-01 $215,451 (9.4%) $241,180 (2.8%) 0.69 383
    2019-10-01 $211,636 (8.0%) $237,096 (1.9%) 0.68 385
    2019-11-01 $219,900 (10.6%) $239,011 (1.3%) 0.72 367
    2019-12-01 $225,000 (13.7%) $243,769 (3.6%) 0.75 372
    2020-01-01 $227,000 (13.8%) $252,949 (6.9%) 0.76 341
    2020-02-01 $229,950 (13.2%) $258,095 (7.8%) 0.75 323
    2020-03-01 $235,975 (10.2%) $266,333 (8.3%) 0.74 334
    2020-04-01 $238,250 (6.7%) $269,685 (6.3%) 0.75 341
    2020-05-01 $251,495 (4.8%) $284,369 (8.2%) 0.76 315
    2020-06-01 $257,748 (7.9%) $294,725 (13.0%) 0.76 277
    2020-07-01 $267,487 (20.3%) $315,342 (27.5%) 0.78 266
    2020-08-01 $267,224 (20.8%) $333,861 (35.0%) 0.77 243
    2020-09-01 $266,700 (23.8%) $329,791 (36.7%) 0.76 220
    2020-10-01 $264,900 (25.2%) $323,472 (36.4%) 0.76 205
    2020-11-01 $261,748 (19.0%) $327,686 (37.1%) 0.77 202
    2020-12-01 $257,198 (14.3%) $334,919 (37.4%) 0.76 177
    2021-01-01 $257,500 (13.4%) $340,541 (34.6%) 0.77 158
    2021-02-01 $251,695 (9.5%) $336,303 (30.3%) 0.73 128
    2021-03-01 $265,795 (12.6%) $353,204 (32.6%) 0.75 127
    2021-04-01 $247,450 (3.9%) $333,669 (23.7%) 0.67 136
    2021-05-01 $238,900 (-5.0%) $334,681 (17.7%) 0.63 137
    2021-06-01 $250,373 (-2.9%) $343,036 (16.4%) 0.66 139
    2021-07-01 $243,500 (-9.0%) $322,272 (2.2%) 0.64 160
    2021-08-01 $244,500 (-8.5%) $282,397 (-15.4%) 0.65 179
    2021-09-01 $250,243 (-6.2%) $286,722 (-13.1%) 0.67 190
    2021-10-01 $253,245 (-4.4%) $294,227 (-9.0%) 0.68 182
    2021-11-01 $275,000 (5.1%) $317,244 (-3.2%) 0.74 170
    2021-12-01 $255,748 (-0.6%) $301,493 (-10.0%) 0.69 147
    2022-01-01 $263,500 (2.3%) $311,595 (-8.5%) 0.71 103
    2022-02-01 $262,450 (4.3%) $307,957 (-8.4%) 0.68 80
    2022-03-01 $262,475 (-1.3%) $314,863 (-10.9%) 0.66 71
    2022-04-01 $279,900 (13.1%) $368,052 (10.3%) 0.67 94
    2022-05-01 $293,225 (22.7%) $379,655 (13.4%) 0.67 119
    2022-06-01 $320,745 (28.1%) $391,080 (14.0%) 0.71 145
    2022-07-01 $337,045 (38.4%) $403,044 (25.1%) 0.76 178
    2022-08-01 $346,175 (41.6%) $404,031 (43.1%) 0.80 195
    2022-09-01 $334,823 (33.8%) $385,680 (34.5%) 0.78 224
    2022-10-01 $346,600 (36.9%) $397,648 (35.2%) 0.82 230
    2022-11-01 $353,225 (28.5%) $395,535 (24.7%) 0.85 246
    2022-12-01 $343,400 (34.3%) $383,243 (27.1%) 0.85 257
    2023-01-01 $345,525 (31.1%) $392,234 (25.9%) 0.86 250
    2023-02-01 $337,000 (28.4%) $355,715 (15.5%) 0.81 227
    2023-03-01 $344,900 (31.4%) $357,596 (13.6%) 0.81 225
    2023-04-01 $344,650 (23.1%) $365,448 (-0.7%) 0.80 223
    2023-05-01 $345,475 (17.8%) $369,065 (-2.8%) 0.78 217
    2023-06-01 $345,475 (7.7%) $365,479 (-6.6%) 0.78 210
    2023-07-01 $324,900 (-3.6%) $357,403 (-11.3%) 0.74 223
    2023-08-01 $321,445 (-7.1%) $345,356 (-14.5%) 0.74 235
    2023-09-01 $319,500 (-4.6%) $341,763 (-11.4%) 0.74 241
    2023-10-01 $317,995 (-8.3%) $343,344 (-13.7%) 0.75 251
    2023-11-01 $313,095 (-11.4%) $325,954 (-17.6%) 0.75 282
    2023-12-01 $309,900 (-9.8%) $324,686 (-15.3%) 0.76 289
    2024-01-01 $302,450 (-12.5%) $317,237 (-19.1%) 0.74 280
    2024-02-01 $297,450 (-11.7%) $316,187 (-11.1%) 0.72 281
    2024-03-01 $294,950 (-14.5%) $317,823 (-11.1%) 0.69 309
    Greenville's median listing price for 2024-03-01 was $294,950, a difference of $-49,950 (-14.5%) versus the prior year and $-2,500 versus the prior month.

    Greenville's median listing price comes in at 69% of the national average.

    Greenville's average listing price for 2024-03-01 was $317,823, a difference of $-39,773 (-11.1%) versus the prior year and $1,636 versus the prior month.

    For the 2024-03-01 period, Greenville had 309 MLS listings, a difference of 28 listings (10%) versus the prior month and 84 listings (37%) 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 94 days 2,010 sqft
    2018-02-01 78 days 2,084 sqft
    2018-03-01 67 days 2,055 sqft
    2018-04-01 60 days 2,157 sqft
    2018-05-01 58 days 2,126 sqft
    2018-06-01 58 days 2,147 sqft
    2018-07-01 67 days 2,097 sqft
    2018-08-01 73 days 2,077 sqft
    2018-09-01 79 days 2,022 sqft
    2018-10-01 84 days 2,011 sqft
    2018-11-01 94 days 2,049 sqft
    2018-12-01 100 days 2,019 sqft
    2019-01-01 100 days 1,989 sqft
    2019-02-01 82 days 2,064 sqft
    2019-03-01 62 days 2,145 sqft
    2019-04-01 49 days 2,214 sqft
    2019-05-01 41 days 2,290 sqft
    2019-06-01 52 days 2,233 sqft
    2019-07-01 52 days 2,142 sqft
    2019-08-01 54 days 2,169 sqft
    2019-09-01 59 days 2,133 sqft
    2019-10-01 63 days 2,109 sqft
    2019-11-01 67 days 2,127 sqft
    2019-12-01 72 days 2,153 sqft
    2020-01-01 80 days 2,152 sqft
    2020-02-01 74 days 2,182 sqft
    2020-03-01 61 days 2,204 sqft
    2020-04-01 66 days 2,205 sqft
    2020-05-01 71 days 2,325 sqft
    2020-06-01 83 days 2,379 sqft
    2020-07-01 57 days 2,491 sqft
    2020-08-01 50 days 2,436 sqft
    2020-09-01 65 days 2,357 sqft
    2020-10-01 67 days 2,278 sqft
    2020-11-01 64 days 2,301 sqft
    2020-12-01 71 days 2,232 sqft
    2021-01-01 73 days 2,242 sqft
    2021-02-01 55 days 2,203 sqft
    2021-03-01 39 days 2,242 sqft
    2021-04-01 39 days 2,124 sqft
    2021-05-01 37 days 1,977 sqft
    2021-06-01 38 days 2,033 sqft
    2021-07-01 35 days 2,007 sqft
    2021-08-01 34 days 2,009 sqft
    2021-09-01 37 days 2,012 sqft
    2021-10-01 39 days 2,006 sqft
    2021-11-01 46 days 2,027 sqft
    2021-12-01 72 days 1,933 sqft
    2022-01-01 61 days 1,926 sqft
    2022-02-01 48 days 1,925 sqft
    2022-03-01 35 days 1,939 sqft
    2022-04-01 22 days 1,998 sqft
    2022-05-01 26 days 1,972 sqft
    2022-06-01 33 days 2,102 sqft
    2022-07-01 37 days 2,190 sqft
    2022-08-01 43 days 2,194 sqft
    2022-09-01 46 days 2,175 sqft
    2022-10-01 51 days 2,182 sqft
    2022-11-01 54 days 2,177 sqft
    2022-12-01 60 days 2,163 sqft
    2023-01-01 76 days 2,160 sqft
    2023-02-01 61 days 2,162 sqft
    2023-03-01 53 days 2,183 sqft
    2023-04-01 44 days 2,196 sqft
    2023-05-01 48 days 2,225 sqft
    2023-06-01 54 days 2,206 sqft
    2023-07-01 44 days 2,129 sqft
    2023-08-01 42 days 2,111 sqft
    2023-09-01 48 days 2,043 sqft
    2023-10-01 56 days 2,032 sqft
    2023-11-01 49 days 1,994 sqft
    2023-12-01 51 days 1,995 sqft
    2024-01-01 61 days 1,937 sqft
    2024-02-01 51 days 1,902 sqft
    2024-03-01 41 days 1,886 sqft
    Greenville's median listing age (time on market) for 2024-03-01 was 41 days. This is -23% shorter than the same period one year ago.

    Greenville's median square footage for active listings during the 2024-03-01 period was 1,886 sqft. One year prior, the average listing was 2,183 sqft.