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 7.06% for the week of 2024-06-07, compared to the national average (all USDA variants) of 6.699% for the same period.

Greenville's average USDA mortgage closing costs are $4,390.

The average rate for the prior week (2024-05-31) was 7.14% and one month ago for the week of 2024-05-03, the average rate was 6.93%.

The average rate one year ago was 6.73%.

For refis of the same type during the week of 2024-06-07, the average rate was 6.6%.

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
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
2024-04-01 $299,950 (57.0%) $309,558 (30.0%) 0.00 70
2024-05-01 $342,350 (73.3%) $336,202 (37.2%) 0.00 63
Greenville's median listing price for 2024-05-01 was $342,350, a difference of $144,825 (73.3%) versus the prior year and $42,400 versus the prior month.

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

Greenville's average listing price for 2024-05-01 was $336,202, a difference of $91,168 (37.2%) versus the prior year and $26,644 versus the prior month.

For the 2024-05-01 period, Greenville had 63 MLS listings, a difference of -7 listings (-10%) versus the prior month and 1 listings (2%) 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
2024-04-01 0 days 1,730 sqft
2024-05-01 0 days 1,730 sqft
Greenville's median listing age (time on market) for 2024-05-01 was 0 days.

Greenville's median square footage for active listings during the 2024-05-01 period was 1,730 sqft. One year prior, the average listing was 1,679 sqft.