Greenwood USDA Loan Rates, Closing Costs & Stats

Greenwood, 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.

    Greenwood's 5 lenders originated 7 USDA loans during 2024. The total origination value was $1,265,000, with an average USDA loan value of $180,714.

    Greenwood USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Greenwood averaged 6.81% for the week of 2025-04-04, compared to the national average (all USDA variants) of 6.324% for the same period.

    Greenwood's average USDA mortgage closing costs are $4,485.

    The average rate for the prior week (2025-03-28) was 6.67% and one month ago for the week of 2025-02-28, the average rate was 6.72%.

    The average rate one year ago was 6.98%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.42%.

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

    Greenwood 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 Greenwood level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    CROSSCOUNTRY MORTGAGE, LLC 3 6.91% $6,576
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.63% $10,101
    American Mortgage Bank, LLC 1 6.63% $6,664
    BancorpSouth 1 6.50% $6,278
    Trustmark National Bank 1 5.50% $5,813

    The top Greenwood USDA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with 3 USDA loans originated. Their average total fees are $6,576, which is $3,526 lower than the next largest lender, AMERICAN FINANCIAL RESOURCES, INC..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Greenwood (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 $104,775 (-2.4%) $159,245 (1.4%) 0.00 127
    2018-02-01 $99,750 (-0.2%) $154,067 (3.9%) 0.00 130
    2018-03-01 $99,500 (-0.4%) $157,693 (7.6%) 0.00 133
    2018-04-01 $104,775 (3.7%) $153,737 (0.3%) 0.00 142
    2018-05-01 $112,000 (11.7%) $151,979 (-2.1%) 0.00 142
    2018-06-01 $120,350 (25.2%) $153,254 (2.2%) 0.00 138
    2018-07-01 $116,500 (20.7%) $149,317 (-4.2%) 0.00 141
    2018-08-01 $114,000 (17.5%) $149,159 (-4.5%) 0.00 150
    2018-09-01 $116,000 (22.1%) $151,771 (-3.4%) 0.00 142
    2018-10-01 $119,495 (17.3%) $140,079 (-13.9%) 0.00 139
    2018-11-01 $119,248 (10.9%) $137,800 (-12.8%) 0.00 137
    2018-12-01 $119,000 (19.0%) $138,020 (-11.6%) 0.00 118
    2019-01-01 $120,423 (14.9%) $139,916 (-12.1%) 0.00 116
    2019-02-01 $118,998 (19.3%) $151,940 (-1.4%) 0.00 109
    2019-03-01 $117,593 (18.2%) $160,458 (1.8%) 0.00 114
    2019-04-01 $111,375 (6.3%) $161,139 (4.8%) 0.00 119
    2019-05-01 $119,000 (6.3%) $172,203 (13.3%) 0.00 127
    2019-06-01 $114,900 (-4.5%) $154,347 (0.7%) 0.00 139
    2019-07-01 $117,750 (1.1%) $155,600 (4.2%) 0.00 131
    2019-08-01 $118,273 (3.8%) $162,008 (8.6%) 0.00 129
    2019-09-01 $127,682 (10.1%) $171,557 (13.0%) 0.00 127
    2019-10-01 $135,000 (13.0%) $178,975 (27.8%) 0.00 125
    2019-11-01 $135,000 (13.2%) $196,418 (42.5%) 0.00 131
    2019-12-01 $132,750 (11.6%) $195,478 (41.6%) 0.00 132
    2020-01-01 $136,000 (12.9%) $203,711 (45.6%) 0.00 124
    2020-02-01 $139,950 (17.6%) $212,950 (40.2%) 0.00 131
    2020-03-01 $132,250 (12.5%) $208,729 (30.1%) 0.00 125
    2020-04-01 $130,000 (16.7%) $210,195 (30.4%) 0.00 123
    2020-05-01 $129,250 (8.6%) $163,796 (-4.9%) 0.00 119
    2020-06-01 $129,125 (12.4%) $167,017 (8.2%) 0.00 112
    2020-07-01 $137,375 (16.7%) $174,894 (12.4%) 0.00 105
    2020-08-01 $145,000 (22.6%) $186,406 (15.1%) 0.00 98
    2020-09-01 $148,000 (15.9%) $196,538 (14.6%) 0.00 91
    2020-10-01 $147,450 (9.2%) $207,831 (16.1%) 0.00 77
    2020-11-01 $161,750 (19.8%) $224,621 (14.4%) 0.00 69
    2020-12-01 $158,750 (19.6%) $224,336 (14.8%) 0.00 63
    2021-01-01 $142,500 (4.8%) $223,684 (9.8%) 0.00 62
    2021-02-01 $143,750 (2.7%) $234,337 (10.0%) 0.00 66
    2021-03-01 $142,375 (7.7%) $222,140 (6.4%) 0.00 68
    2021-04-01 $146,250 (12.5%) $233,685 (11.2%) 0.00 61
    2021-05-01 $126,000 (-2.5%) $236,108 (44.2%) 0.00 47
    2021-06-01 $135,000 (4.6%) $213,158 (27.6%) 0.00 39
    2021-07-01 $135,000 (-1.7%) $199,995 (14.4%) 0.00 41
    2021-08-01 $122,750 (-15.3%) $203,170 (9.0%) 0.00 41
    2021-09-01 $110,750 (-25.2%) $166,436 (-15.3%) 0.00 46
    2021-10-01 $112,750 (-23.5%) $155,685 (-25.1%) 0.00 51
    2021-11-01 $100,000 (-38.2%) $138,137 (-38.5%) 0.00 48
    2021-12-01 $107,000 (-32.6%) $136,776 (-39.0%) 0.00 45
    2022-01-01 $107,000 (-24.9%) $152,754 (-31.7%) 0.00 39
    2022-02-01 $118,000 (-17.9%) $164,622 (-29.8%) 0.00 41
    2022-03-01 $119,000 (-16.4%) $173,196 (-22.0%) 0.00 41
    2022-04-01 $125,000 (-14.5%) $169,587 (-27.4%) 0.00 43
    2022-05-01 $110,625 (-12.2%) $152,478 (-35.4%) 0.00 44
    2022-06-01 $112,500 (-16.7%) $154,390 (-27.6%) 0.00 40
    2022-07-01 $117,000 (-13.3%) $155,882 (-22.1%) 0.00 42
    2022-08-01 $115,000 (-6.3%) $144,113 (-29.1%) 0.00 42
    2022-09-01 $116,750 (5.4%) $140,750 (-15.4%) 0.00 38
    2022-10-01 $117,250 (4.0%) $156,983 (0.8%) 0.00 43
    2022-11-01 $137,063 (37.1%) $178,867 (29.5%) 0.00 56
    2022-12-01 $138,000 (29.0%) $196,017 (43.3%) 0.00 57
    2023-01-01 $142,475 (33.2%) $188,317 (23.3%) 0.00 63
    2023-02-01 $155,000 (31.4%) $180,699 (9.8%) 0.00 61
    2023-03-01 $174,500 (46.6%) $185,789 (7.3%) 0.00 67
    2023-04-01 $165,500 (32.4%) $178,656 (5.4%) 0.00 70
    2023-05-01 $165,000 (49.2%) $174,972 (14.8%) 0.00 70
    2023-06-01 $152,950 (36.0%) $171,855 (11.3%) 0.00 64
    2023-07-01 $155,900 (33.3%) $178,367 (14.4%) 0.00 60
    2023-08-01 $152,250 (32.4%) $180,632 (25.3%) 0.00 56
    2023-09-01 $149,500 (28.1%) $175,816 (24.9%) 0.00 62
    2023-10-01 $150,750 (28.6%) $182,621 (16.3%) 0.00 64
    2023-11-01 $153,000 (11.6%) $186,082 (4.0%) 0.00 64
    2023-12-01 $159,000 (15.2%) $186,838 (-4.7%) 0.00 61
    2024-01-01 $149,775 (5.1%) $179,777 (-4.5%) 0.00 59
    2024-02-01 $143,500 (-7.4%) $176,041 (-2.6%) 0.00 57
    2024-03-01 $152,450 (-12.6%) $193,740 (4.3%) 0.00 58
    2024-04-01 $157,000 (-5.1%) $201,400 (12.7%) 0.00 59
    2024-05-01 $160,500 (-2.7%) $198,132 (13.2%) 0.00 63
    2024-06-01 $188,000 (22.9%) $211,030 (22.8%) 0.00 58
    2024-07-01 $167,500 (7.4%) $206,341 (15.7%) 0.00 70
    2024-08-01 $188,000 (23.5%) $227,309 (25.8%) 0.00 74
    2024-09-01 $172,813 (15.6%) $225,760 (28.4%) 0.00 76
    2024-10-01 $161,875 (7.4%) $226,316 (23.9%) 0.00 70
    2024-11-01 $165,000 (7.8%) $219,743 (18.1%) 0.00 77
    2024-12-01 $164,975 (3.8%) $223,746 (19.8%) 0.00 76
    2025-01-01 $163,475 (9.2%) $211,943 (17.9%) 0.00 73
    2025-02-01 $153,675 (7.1%) $205,449 (16.7%) 0.00 76
    2025-03-01 $158,000 (3.6%) $205,468 (6.1%) 0.00 75
    Greenwood's median listing price for 2025-03-01 was $158,000, a difference of $5,550 (3.6%) versus the prior year and $4,325 versus the prior month.

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

    Greenwood's average listing price for 2025-03-01 was $205,468, a difference of $11,728 (6.1%) versus the prior year and $19 versus the prior month.

    For the 2025-03-01 period, Greenwood had 75 MLS listings, a difference of -1 listings (-1%) versus the prior month and 17 listings (29%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Greenwood (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,860 sqft
    2018-02-01 0 days 1,831 sqft
    2018-03-01 0 days 1,840 sqft
    2018-04-01 0 days 1,857 sqft
    2018-05-01 0 days 1,849 sqft
    2018-06-01 0 days 1,840 sqft
    2018-07-01 0 days 1,871 sqft
    2018-08-01 0 days 1,867 sqft
    2018-09-01 0 days 1,824 sqft
    2018-10-01 0 days 1,844 sqft
    2018-11-01 0 days 1,882 sqft
    2018-12-01 0 days 1,968 sqft
    2019-01-01 0 days 1,978 sqft
    2019-02-01 0 days 1,964 sqft
    2019-03-01 0 days 1,925 sqft
    2019-04-01 0 days 1,831 sqft
    2019-05-01 0 days 1,924 sqft
    2019-06-01 0 days 1,756 sqft
    2019-07-01 0 days 1,737 sqft
    2019-08-01 0 days 1,778 sqft
    2019-09-01 0 days 1,849 sqft
    2019-10-01 0 days 1,911 sqft
    2019-11-01 0 days 1,911 sqft
    2019-12-01 0 days 1,907 sqft
    2020-01-01 0 days 1,959 sqft
    2020-02-01 0 days 2,035 sqft
    2020-03-01 0 days 2,024 sqft
    2020-04-01 0 days 2,069 sqft
    2020-05-01 0 days 2,069 sqft
    2020-06-01 0 days 1,989 sqft
    2020-07-01 0 days 2,041 sqft
    2020-08-01 0 days 2,051 sqft
    2020-09-01 0 days 2,121 sqft
    2020-10-01 0 days 2,011 sqft
    2020-11-01 0 days 2,165 sqft
    2020-12-01 0 days 2,153 sqft
    2021-01-01 0 days 2,141 sqft
    2021-02-01 0 days 2,094 sqft
    2021-03-01 0 days 2,030 sqft
    2021-04-01 0 days 2,051 sqft
    2021-05-01 0 days 2,052 sqft
    2021-06-01 0 days 1,933 sqft
    2021-07-01 0 days 1,913 sqft
    2021-08-01 0 days 1,774 sqft
    2021-09-01 0 days 1,719 sqft
    2021-10-01 0 days 1,674 sqft
    2021-11-01 0 days 1,733 sqft
    2021-12-01 0 days 1,732 sqft
    2022-01-01 0 days 1,767 sqft
    2022-02-01 0 days 1,757 sqft
    2022-03-01 0 days 1,791 sqft
    2022-04-01 0 days 1,622 sqft
    2022-05-01 0 days 1,610 sqft
    2022-06-01 0 days 1,723 sqft
    2022-07-01 0 days 1,680 sqft
    2022-08-01 0 days 1,603 sqft
    2022-09-01 0 days 1,558 sqft
    2022-10-01 0 days 1,611 sqft
    2022-11-01 0 days 1,726 sqft
    2022-12-01 0 days 1,699 sqft
    2023-01-01 0 days 1,734 sqft
    2023-02-01 0 days 1,771 sqft
    2023-03-01 0 days 1,823 sqft
    2023-04-01 0 days 1,784 sqft
    2023-05-01 0 days 1,798 sqft
    2023-06-01 0 days 1,848 sqft
    2023-07-01 0 days 1,848 sqft
    2023-08-01 0 days 1,847 sqft
    2023-09-01 0 days 1,748 sqft
    2023-10-01 0 days 1,770 sqft
    2023-11-01 0 days 1,821 sqft
    2023-12-01 0 days 1,912 sqft
    2024-01-01 0 days 1,777 sqft
    2024-02-01 0 days 1,735 sqft
    2024-03-01 0 days 1,797 sqft
    2024-04-01 0 days 1,736 sqft
    2024-05-01 0 days 1,768 sqft
    2024-06-01 0 days 1,813 sqft
    2024-07-01 0 days 1,827 sqft
    2024-08-01 0 days 2,069 sqft
    2024-09-01 0 days 1,870 sqft
    2024-10-01 0 days 1,795 sqft
    2024-11-01 0 days 1,801 sqft
    2024-12-01 0 days 1,824 sqft
    2025-01-01 0 days 1,787 sqft
    2025-02-01 0 days 1,768 sqft
    2025-03-01 0 days 1,750 sqft
    Greenwood's median listing age (time on market) for 2025-03-01 was 0 days.

    Greenwood's median square footage for active listings during the 2025-03-01 period was 1,750 sqft. One year prior, the average listing was 1,797 sqft.