Greenville USDA Loan Rates, Closing Costs & Stats
Greenville, OH
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 45 USDA loans during 2023. The total origination value was $6,105,000, with an average USDA loan value of $135,667.
Greenville USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Greenville
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.
Greenville's average USDA mortgage closing costs are $4,390.
The average rate for the prior week (2024-04-12) was
6.68% and
one month ago for the week of 2024-03-15, the
average rate was 6.86%.
The average rate one year ago was 6.7%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.86%.
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 |
|---|---|---|---|
| NEWREZ LLC | 29 | 6.61% | $4,481 |
| MID AMERICA MORTGAGE, INC. | 4 | 7.09% | $5,958 |
| POLARIS HOME FUNDING CORP. | 4 | 6.88% | $5,637 |
| Western Ohio Mortgage Corporation | 2 | 7.38% | $7,773 |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | 2 | 7.25% | $5,392 |
| Fifth Third Bank | 1 | 8.00% | $4,872 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 7.25% | $4,684 |
| SUPERIOR FINANCIAL SOLUTIONS, LLC | 1 | 7.50% | $4,280 |
| FIRST COLONY MORTGAGE CORPORATION | 1 | 7.25% | $7,134 |
The top Greenville USDA lender as defined by loan originations is NEWREZ LLC, with
29 USDA loans originated. Their average total fees are
$4,481, which is $1,477
lower than the next largest lender,
MID AMERICA MORTGAGE, INC..
The lowest fee Greenville USDA lenders (with over 10 loans originated) are
NEWREZ LLC ($4,481), .
The lowest rate Greenville USDA lenders (with over 10 loans originated) are
NEWREZ LLC (6.61%), .
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 | $118,250 (22.6%) | $139,612 (0.7%) | 0.00 | 152 |
| 2018-02-01 | $115,339 (18.3%) | $141,532 (1.6%) | 0.00 | 154 |
| 2018-03-01 | $119,900 (18.8%) | $144,954 (3.4%) | 0.00 | 160 |
| 2018-04-01 | $124,750 (25.4%) | $148,678 (6.4%) | 0.00 | 150 |
| 2018-05-01 | $126,250 (28.3%) | $157,133 (13.4%) | 0.00 | 146 |
| 2018-06-01 | $128,900 (22.2%) | $160,501 (14.3%) | 0.00 | 161 |
| 2018-07-01 | $129,875 (19.8%) | $160,022 (16.8%) | 0.00 | 178 |
| 2018-08-01 | $129,450 (15.0%) | $160,643 (13.5%) | 0.00 | 190 |
| 2018-09-01 | $119,950 (13.7%) | $154,926 (11.1%) | 0.00 | 192 |
| 2018-10-01 | $120,000 (9.6%) | $150,508 (4.9%) | 0.00 | 190 |
| 2018-11-01 | $117,675 (12.9%) | $144,992 (3.0%) | 0.00 | 182 |
| 2018-12-01 | $120,000 (17.7%) | $144,344 (6.9%) | 0.00 | 174 |
| 2019-01-01 | $109,792 (-7.2%) | $132,538 (-5.1%) | 0.00 | 152 |
| 2019-02-01 | $106,575 (-7.6%) | $129,034 (-8.8%) | 0.00 | 147 |
| 2019-03-01 | $107,708 (-10.2%) | $137,468 (-5.2%) | 0.00 | 155 |
| 2019-04-01 | $108,388 (-13.1%) | $140,972 (-5.2%) | 0.00 | 168 |
| 2019-05-01 | $112,000 (-11.3%) | $143,885 (-8.4%) | 0.00 | 164 |
| 2019-06-01 | $109,900 (-14.7%) | $148,145 (-7.7%) | 0.00 | 149 |
| 2019-07-01 | $103,817 (-20.1%) | $152,746 (-4.6%) | 0.00 | 159 |
| 2019-08-01 | $105,288 (-18.7%) | $159,646 (-0.6%) | 0.00 | 143 |
| 2019-09-01 | $116,095 (-3.2%) | $161,115 (4.0%) | 0.00 | 149 |
| 2019-10-01 | $125,950 (5.0%) | $163,071 (8.4%) | 0.00 | 149 |
| 2019-11-01 | $123,350 (4.8%) | $164,758 (13.6%) | 0.00 | 145 |
| 2019-12-01 | $122,400 (2.0%) | $164,657 (14.1%) | 0.00 | 143 |
| 2020-01-01 | $134,875 (22.9%) | $171,415 (29.3%) | 0.00 | 136 |
| 2020-02-01 | $135,950 (27.6%) | $172,714 (33.9%) | 0.00 | 125 |
| 2020-03-01 | $136,200 (26.5%) | $173,642 (26.3%) | 0.00 | 125 |
| 2020-04-01 | $131,250 (21.1%) | $176,213 (25.0%) | 0.00 | 109 |
| 2020-05-01 | $128,763 (15.0%) | $177,530 (23.4%) | 0.00 | 112 |
| 2020-06-01 | $136,050 (23.8%) | $185,273 (25.1%) | 0.00 | 107 |
| 2020-07-01 | $129,150 (24.4%) | $173,580 (13.6%) | 0.00 | 113 |
| 2020-08-01 | $123,250 (17.1%) | $165,729 (3.8%) | 0.00 | 101 |
| 2020-09-01 | $115,000 (-0.9%) | $153,365 (-4.8%) | 0.00 | 99 |
| 2020-10-01 | $129,900 (3.1%) | $176,135 (8.0%) | 0.00 | 103 |
| 2020-11-01 | $125,000 (1.3%) | $175,576 (6.6%) | 0.00 | 109 |
| 2020-12-01 | $119,350 (-2.5%) | $169,971 (3.2%) | 0.00 | 89 |
| 2021-01-01 | $127,750 (-5.3%) | $173,912 (1.5%) | 0.00 | 82 |
| 2021-02-01 | $142,425 (4.8%) | $176,737 (2.3%) | 0.00 | 77 |
| 2021-03-01 | $154,825 (13.7%) | $194,126 (11.8%) | 0.00 | 53 |
| 2021-04-01 | $164,750 (25.5%) | $201,945 (14.6%) | 0.00 | 56 |
| 2021-05-01 | $169,900 (32.0%) | $218,706 (23.2%) | 0.00 | 49 |
| 2021-06-01 | $172,400 (26.7%) | $224,084 (21.0%) | 0.00 | 50 |
| 2021-07-01 | $157,000 (21.6%) | $206,504 (19.0%) | 0.00 | 55 |
| 2021-08-01 | $151,225 (22.7%) | $198,698 (19.9%) | 0.00 | 67 |
| 2021-09-01 | $149,000 (29.6%) | $211,567 (38.0%) | 0.00 | 61 |
| 2021-10-01 | $149,000 (14.7%) | $206,008 (17.0%) | 0.00 | 68 |
| 2021-11-01 | $154,950 (24.0%) | $215,288 (22.6%) | 0.00 | 73 |
| 2021-12-01 | $149,925 (25.6%) | $206,157 (21.3%) | 0.00 | 62 |
| 2022-01-01 | $146,999 (15.1%) | $205,688 (18.3%) | 0.00 | 53 |
| 2022-02-01 | $168,000 (18.0%) | $214,047 (21.1%) | 0.00 | 52 |
| 2022-03-01 | $168,675 (9.0%) | $204,352 (5.3%) | 0.00 | 49 |
| 2022-04-01 | $164,900 (0.1%) | $209,256 (3.6%) | 0.00 | 56 |
| 2022-05-01 | $162,550 (-4.3%) | $219,777 (0.5%) | 0.00 | 75 |
| 2022-06-01 | $179,900 (4.4%) | $230,907 (3.0%) | 0.00 | 89 |
| 2022-07-01 | $185,000 (17.8%) | $235,387 (14.0%) | 0.00 | 91 |
| 2022-08-01 | $182,500 (20.7%) | $219,181 (10.3%) | 0.00 | 90 |
| 2022-09-01 | $168,350 (13.0%) | $210,678 (-0.4%) | 0.00 | 90 |
| 2022-10-01 | $189,900 (27.5%) | $226,610 (10.0%) | 0.00 | 91 |
| 2022-11-01 | $180,650 (16.6%) | $216,289 (0.5%) | 0.00 | 82 |
| 2022-12-01 | $199,900 (33.3%) | $245,062 (18.9%) | 0.00 | 71 |
| 2023-01-01 | $209,300 (42.4%) | $270,692 (31.6%) | 0.00 | 68 |
| 2023-02-01 | $199,900 (19.0%) | $247,472 (15.6%) | 0.00 | 64 |
| 2023-03-01 | $194,450 (15.3%) | $243,109 (19.0%) | 0.00 | 66 |
| 2023-04-01 | $191,000 (15.8%) | $238,076 (13.8%) | 0.00 | 63 |
| 2023-05-01 | $197,525 (21.5%) | $245,034 (11.5%) | 0.00 | 62 |
| 2023-06-01 | $190,550 (5.9%) | $245,477 (6.3%) | 0.00 | 81 |
| 2023-07-01 | $190,000 (2.7%) | $237,844 (1.0%) | 0.00 | 62 |
| 2023-08-01 | $191,500 (4.9%) | $235,767 (7.6%) | 0.00 | 64 |
| 2023-09-01 | $209,900 (24.7%) | $243,628 (15.6%) | 0.00 | 58 |
| 2023-10-01 | $211,250 (11.2%) | $239,779 (5.8%) | 0.00 | 58 |
| 2023-11-01 | $211,200 (16.9%) | $240,292 (11.1%) | 0.00 | 57 |
| 2023-12-01 | $225,000 (12.6%) | $267,157 (9.0%) | 0.00 | 80 |
| 2024-01-01 | $259,200 (23.8%) | $277,769 (2.6%) | 0.00 | 76 |
| 2024-02-01 | $252,400 (26.3%) | $272,310 (10.0%) | 0.00 | 77 |
| 2024-03-01 | $265,500 (36.5%) | $283,816 (16.7%) | 0.00 | 72 |
Greenville's median listing price comes in at 0% of the national average.
Greenville's average listing price for 2024-03-01 was $283,816, a difference of $40,707 (16.7%) versus the prior year and $11,506 versus the prior month.
For the 2024-03-01 period, Greenville had 72 MLS listings, a difference of -5 listings (-6%) versus the prior month and 6 listings (9%) 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 | 1,738 sqft |
| 2018-02-01 | 0 days | 1,721 sqft |
| 2018-03-01 | 0 days | 1,755 sqft |
| 2018-04-01 | 0 days | 1,806 sqft |
| 2018-05-01 | 0 days | 1,882 sqft |
| 2018-06-01 | 0 days | 1,812 sqft |
| 2018-07-01 | 0 days | 1,787 sqft |
| 2018-08-01 | 0 days | 1,852 sqft |
| 2018-09-01 | 0 days | 1,811 sqft |
| 2018-10-01 | 0 days | 1,722 sqft |
| 2018-11-01 | 0 days | 1,710 sqft |
| 2018-12-01 | 0 days | 1,695 sqft |
| 2019-01-01 | 0 days | 1,615 sqft |
| 2019-02-01 | 0 days | 1,554 sqft |
| 2019-03-01 | 0 days | 1,572 sqft |
| 2019-04-01 | 0 days | 1,568 sqft |
| 2019-05-01 | 0 days | 1,568 sqft |
| 2019-06-01 | 0 days | 1,592 sqft |
| 2019-07-01 | 0 days | 1,576 sqft |
| 2019-08-01 | 0 days | 1,612 sqft |
| 2019-09-01 | 0 days | 1,659 sqft |
| 2019-10-01 | 0 days | 1,695 sqft |
| 2019-11-01 | 0 days | 1,689 sqft |
| 2019-12-01 | 0 days | 1,745 sqft |
| 2020-01-01 | 0 days | 1,728 sqft |
| 2020-02-01 | 0 days | 1,784 sqft |
| 2020-03-01 | 0 days | 1,753 sqft |
| 2020-04-01 | 0 days | 1,758 sqft |
| 2020-05-01 | 0 days | 1,642 sqft |
| 2020-06-01 | 0 days | 1,630 sqft |
| 2020-07-01 | 0 days | 1,652 sqft |
| 2020-08-01 | 0 days | 1,656 sqft |
| 2020-09-01 | 0 days | 1,635 sqft |
| 2020-10-01 | 0 days | 1,680 sqft |
| 2020-11-01 | 0 days | 1,804 sqft |
| 2020-12-01 | 0 days | 1,734 sqft |
| 2021-01-01 | 0 days | 1,777 sqft |
| 2021-02-01 | 0 days | 1,659 sqft |
| 2021-03-01 | 0 days | 1,677 sqft |
| 2021-04-01 | 0 days | 1,732 sqft |
| 2021-05-01 | 0 days | 1,865 sqft |
| 2021-06-01 | 0 days | 1,738 sqft |
| 2021-07-01 | 0 days | 1,678 sqft |
| 2021-08-01 | 0 days | 1,658 sqft |
| 2021-09-01 | 0 days | 1,666 sqft |
| 2021-10-01 | 0 days | 1,555 sqft |
| 2021-11-01 | 0 days | 1,542 sqft |
| 2021-12-01 | 0 days | 1,582 sqft |
| 2022-01-01 | 0 days | 1,445 sqft |
| 2022-02-01 | 0 days | 1,458 sqft |
| 2022-03-01 | 0 days | 1,475 sqft |
| 2022-04-01 | 0 days | 1,583 sqft |
| 2022-05-01 | 0 days | 1,622 sqft |
| 2022-06-01 | 0 days | 1,661 sqft |
| 2022-07-01 | 0 days | 1,703 sqft |
| 2022-08-01 | 0 days | 1,609 sqft |
| 2022-09-01 | 0 days | 1,639 sqft |
| 2022-10-01 | 0 days | 1,720 sqft |
| 2022-11-01 | 0 days | 1,609 sqft |
| 2022-12-01 | 0 days | 1,794 sqft |
| 2023-01-01 | 0 days | 1,776 sqft |
| 2023-02-01 | 0 days | 1,772 sqft |
| 2023-03-01 | 0 days | 1,705 sqft |
| 2023-04-01 | 0 days | 1,692 sqft |
| 2023-05-01 | 0 days | 1,679 sqft |
| 2023-06-01 | 0 days | 1,559 sqft |
| 2023-07-01 | 0 days | 1,600 sqft |
| 2023-08-01 | 0 days | 1,635 sqft |
| 2023-09-01 | 0 days | 1,651 sqft |
| 2023-10-01 | 0 days | 1,623 sqft |
| 2023-11-01 | 0 days | 1,585 sqft |
| 2023-12-01 | 0 days | 1,688 sqft |
| 2024-01-01 | 0 days | 1,730 sqft |
| 2024-02-01 | 0 days | 1,730 sqft |
| 2024-03-01 | 0 days | 1,730 sqft |
Greenville's median square footage for active listings during the 2024-03-01 period was 1,730 sqft. One year prior, the average listing was 1,705 sqft.