Greenwood USDA Loan Rates, Closing Costs & Stats

Greenwood, SC

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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 8 lenders originated 21 USDA loans during 2023. The total origination value was $3,485,000, with an average USDA loan value of $165,952.

    Greenwood USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Greenwood averaged 5.98% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    Greenwood's average USDA mortgage closing costs are $5,333.

    The average rate for the prior week (2024-12-06) was 6.11% and one month ago for the week of 2024-11-08, the average rate was 6.33%.

    The average rate one year ago was 6.8%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.1%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 8 6.66% $7,719
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.66% $7,311
    ACOPIA, LLC 3 6.50% $6,701
    CHURCHILL MORTGAGE CORPORATION 2 6.06% $6,544
    Countybank 1 6.63% $5,670
    First-Citizens Bank & Trust Company 1 6.25% $4,694
    HOMESTAR FINANCIAL CORPORATION 1 7.25% $4,370
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.75% $9,585

    The top Greenwood USDA lender as defined by loan originations is ATLANTIC BAY MORTGAGE GROUP, L.L.C., with 8 USDA loans originated. Their average total fees are $7,719, which is $408 higher than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

    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 $180,250 (11.0%) $248,220 (5.5%) 0.00 198
    2018-02-01 $178,000 (12.7%) $248,790 (3.7%) 0.00 186
    2018-03-01 $189,700 (6.9%) $260,538 (4.8%) 0.00 199
    2018-04-01 $192,150 (-0.4%) $264,690 (3.9%) 0.00 208
    2018-05-01 $199,250 (-0.3%) $271,376 (6.3%) 0.00 217
    2018-06-01 $209,500 (11.2%) $270,970 (9.2%) 0.00 209
    2018-07-01 $224,900 (15.1%) $279,087 (9.8%) 0.00 198
    2018-08-01 $219,475 (14.9%) $277,161 (8.8%) 0.00 197
    2018-09-01 $215,000 (8.0%) $276,956 (6.3%) 0.00 204
    2018-10-01 $210,950 (11.1%) $271,365 (3.0%) 0.00 188
    2018-11-01 $218,075 (9.9%) $277,543 (7.3%) 0.00 184
    2018-12-01 $218,500 (21.4%) $281,585 (11.7%) 0.00 168
    2019-01-01 $207,575 (15.2%) $276,696 (11.5%) 0.00 165
    2019-02-01 $219,250 (23.2%) $282,247 (13.5%) 0.00 151
    2019-03-01 $227,808 (20.1%) $293,379 (12.6%) 0.00 144
    2019-04-01 $238,084 (23.9%) $300,739 (13.6%) 0.00 144
    2019-05-01 $266,475 (33.7%) $317,112 (16.9%) 0.00 178
    2019-06-01 $240,352 (14.7%) $313,379 (15.7%) 0.00 178
    2019-07-01 $237,676 (5.7%) $309,331 (10.8%) 0.00 201
    2019-08-01 $243,864 (11.1%) $312,893 (12.9%) 0.00 201
    2019-09-01 $257,159 (19.6%) $320,789 (15.8%) 0.00 193
    2019-10-01 $266,850 (26.5%) $326,052 (20.2%) 0.00 189
    2019-11-01 $259,900 (19.2%) $314,331 (13.3%) 0.00 191
    2019-12-01 $256,520 (17.4%) $309,312 (9.9%) 0.00 174
    2020-01-01 $269,000 (29.6%) $307,763 (11.2%) 0.00 174
    2020-02-01 $269,900 (23.1%) $307,053 (8.8%) 0.00 172
    2020-03-01 $288,700 (26.7%) $317,703 (8.3%) 0.00 163
    2020-04-01 $280,950 (18.0%) $315,114 (4.8%) 0.00 175
    2020-05-01 $294,900 (10.7%) $322,274 (1.6%) 0.00 175
    2020-06-01 $298,500 (24.2%) $332,768 (6.2%) 0.00 160
    2020-07-01 $299,450 (26.0%) $340,637 (10.1%) 0.00 131
    2020-08-01 $299,500 (22.8%) $327,460 (4.7%) 0.00 119
    2020-09-01 $296,975 (15.5%) $324,212 (1.1%) 0.00 125
    2020-10-01 $289,900 (8.6%) $315,207 (-3.3%) 0.00 129
    2020-11-01 $279,425 (7.5%) $306,849 (-2.4%) 0.00 110
    2020-12-01 $273,620 (6.7%) $315,856 (2.1%) 0.00 85
    2021-01-01 $252,500 (-6.1%) $294,985 (-4.2%) 0.00 74
    2021-02-01 $227,320 (-15.8%) $276,213 (-10.0%) 0.00 76
    2021-03-01 $265,800 (-7.9%) $316,669 (-0.3%) 0.00 68
    2021-04-01 $264,250 (-5.9%) $342,966 (8.8%) 0.00 54
    2021-05-01 $249,950 (-15.2%) $300,942 (-6.6%) 0.00 55
    2021-06-01 $233,700 (-21.7%) $286,397 (-13.9%) 0.00 57
    2021-07-01 $244,900 (-18.2%) $311,299 (-8.6%) 0.00 58
    2021-08-01 $246,495 (-17.7%) $294,698 (-10.0%) 0.00 79
    2021-09-01 $251,000 (-15.5%) $270,771 (-16.5%) 0.00 99
    2021-10-01 $240,750 (-17.0%) $255,643 (-18.9%) 0.00 107
    2021-11-01 $255,245 (-8.7%) $268,113 (-12.6%) 0.00 113
    2021-12-01 $261,500 (-4.4%) $269,440 (-14.7%) 0.00 117
    2022-01-01 $294,000 (16.4%) $311,948 (5.8%) 0.00 93
    2022-02-01 $296,250 (30.3%) $312,406 (13.1%) 0.00 106
    2022-03-01 $295,000 (11.0%) $319,376 (0.9%) 0.00 104
    2022-04-01 $300,000 (13.5%) $352,246 (2.7%) 0.00 98
    2022-05-01 $306,338 (22.6%) $383,434 (27.4%) 0.00 100
    2022-06-01 $296,125 (26.7%) $371,482 (29.7%) 0.00 112
    2022-07-01 $287,500 (17.4%) $369,277 (18.6%) 0.00 125
    2022-08-01 $292,500 (18.7%) $358,830 (21.8%) 0.00 134
    2022-09-01 $291,498 (16.1%) $373,042 (37.8%) 0.00 154
    2022-10-01 $287,400 (19.4%) $369,751 (44.6%) 0.00 162
    2022-11-01 $289,225 (13.3%) $355,825 (32.7%) 0.00 157
    2022-12-01 $275,990 (5.5%) $348,374 (29.3%) 0.00 154
    2023-01-01 $282,950 (-3.8%) $365,748 (17.3%) 0.00 141
    2023-02-01 $299,450 (1.1%) $396,670 (27.0%) 0.00 127
    2023-03-01 $299,675 (1.6%) $403,887 (26.5%) 0.00 124
    2023-04-01 $312,490 (4.2%) $410,960 (16.7%) 0.00 118
    2023-05-01 $345,725 (12.9%) $422,223 (10.1%) 0.00 116
    2023-06-01 $335,000 (13.1%) $411,762 (10.8%) 0.00 125
    2023-07-01 $320,400 (11.4%) $374,600 (1.4%) 0.00 118
    2023-08-01 $299,900 (2.5%) $358,628 (-0.1%) 0.00 120
    2023-09-01 $299,900 (2.9%) $363,745 (-2.5%) 0.00 129
    2023-10-01 $280,945 (-2.3%) $343,645 (-7.1%) 0.00 140
    2023-11-01 $290,545 (0.5%) $350,226 (-1.6%) 0.00 144
    2023-12-01 $299,900 (8.7%) $345,985 (-0.7%) 0.00 151
    2024-01-01 $313,575 (10.8%) $347,903 (-4.9%) 0.00 139
    2024-02-01 $320,225 (6.9%) $348,311 (-12.2%) 0.00 143
    2024-03-01 $309,900 (3.4%) $358,965 (-11.1%) 0.00 169
    2024-04-01 $318,250 (1.8%) $367,179 (-10.7%) 0.00 187
    2024-05-01 $304,975 (-11.8%) $373,307 (-11.6%) 0.00 172
    2024-06-01 $317,450 (-5.2%) $370,150 (-10.1%) 0.00 188
    2024-07-01 $304,150 (-5.1%) $366,292 (-2.2%) 0.00 180
    2024-08-01 $303,400 (1.2%) $378,333 (5.5%) 0.00 198
    2024-09-01 $301,070 (0.4%) $371,666 (2.2%) 0.00 192
    2024-10-01 $302,725 (7.8%) $375,835 (9.4%) 0.00 176
    2024-11-01 $279,500 (-3.8%) $349,507 (-0.2%) 0.00 177
    Greenwood's median listing price for 2024-11-01 was $279,500, a difference of $-11,045 (-3.8%) versus the prior year and $-23,225 versus the prior month.

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

    Greenwood's average listing price for 2024-11-01 was $349,507, a difference of $-719 (-0.2%) versus the prior year and $-26,328 versus the prior month.

    For the 2024-11-01 period, Greenwood had 177 MLS listings, a difference of 1 listings (1%) versus the prior month and 33 listings (23%) 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 1,892 sqft
    2018-02-01 0 days 1,888 sqft
    2018-03-01 0 days 2,004 sqft
    2018-04-01 0 days 1,937 sqft
    2018-05-01 0 days 1,934 sqft
    2018-06-01 0 days 1,918 sqft
    2018-07-01 0 days 1,972 sqft
    2018-08-01 0 days 2,074 sqft
    2018-09-01 0 days 2,099 sqft
    2018-10-01 0 days 2,100 sqft
    2018-11-01 0 days 2,142 sqft
    2018-12-01 0 days 2,102 sqft
    2019-01-01 0 days 2,069 sqft
    2019-02-01 0 days 2,046 sqft
    2019-03-01 0 days 2,107 sqft
    2019-04-01 0 days 2,138 sqft
    2019-05-01 0 days 2,125 sqft
    2019-06-01 0 days 2,080 sqft
    2019-07-01 0 days 2,026 sqft
    2019-08-01 0 days 2,090 sqft
    2019-09-01 0 days 2,146 sqft
    2019-10-01 0 days 2,184 sqft
    2019-11-01 0 days 2,191 sqft
    2019-12-01 0 days 2,242 sqft
    2020-01-01 0 days 2,277 sqft
    2020-02-01 0 days 2,222 sqft
    2020-03-01 0 days 2,318 sqft
    2020-04-01 0 days 2,323 sqft
    2020-05-01 0 days 2,323 sqft
    2020-06-01 0 days 2,361 sqft
    2020-07-01 0 days 2,400 sqft
    2020-08-01 0 days 2,496 sqft
    2020-09-01 0 days 2,551 sqft
    2020-10-01 0 days 2,419 sqft
    2020-11-01 0 days 2,318 sqft
    2020-12-01 0 days 2,289 sqft
    2021-01-01 0 days 2,224 sqft
    2021-02-01 0 days 2,160 sqft
    2021-03-01 0 days 2,234 sqft
    2021-04-01 0 days 2,206 sqft
    2021-05-01 0 days 2,065 sqft
    2021-06-01 0 days 1,883 sqft
    2021-07-01 0 days 2,159 sqft
    2021-08-01 0 days 1,906 sqft
    2021-09-01 0 days 1,812 sqft
    2021-10-01 0 days 1,800 sqft
    2021-11-01 0 days 1,849 sqft
    2021-12-01 0 days 1,870 sqft
    2022-01-01 0 days 2,000 sqft
    2022-02-01 0 days 2,001 sqft
    2022-03-01 0 days 1,979 sqft
    2022-04-01 0 days 1,964 sqft
    2022-05-01 0 days 1,909 sqft
    2022-06-01 0 days 1,881 sqft
    2022-07-01 0 days 1,874 sqft
    2022-08-01 0 days 1,942 sqft
    2022-09-01 0 days 1,945 sqft
    2022-10-01 0 days 1,900 sqft
    2022-11-01 0 days 1,899 sqft
    2022-12-01 0 days 1,919 sqft
    2023-01-01 0 days 1,924 sqft
    2023-02-01 0 days 2,057 sqft
    2023-03-01 0 days 2,002 sqft
    2023-04-01 0 days 2,125 sqft
    2023-05-01 0 days 2,181 sqft
    2023-06-01 0 days 2,180 sqft
    2023-07-01 0 days 1,927 sqft
    2023-08-01 0 days 1,797 sqft
    2023-09-01 0 days 1,870 sqft
    2023-10-01 0 days 1,795 sqft
    2023-11-01 0 days 1,842 sqft
    2023-12-01 0 days 1,926 sqft
    2024-01-01 0 days 1,679 sqft
    2024-02-01 0 days 1,706 sqft
    2024-03-01 0 days 2,014 sqft
    2024-04-01 0 days 2,185 sqft
    2024-05-01 0 days 1,882 sqft
    2024-06-01 0 days 1,600 sqft
    2024-07-01 0 days 1,855 sqft
    2024-08-01 0 days 2,042 sqft
    2024-09-01 0 days 1,835 sqft
    2024-10-01 0 days 1,810 sqft
    2024-11-01 0 days 1,810 sqft
    Greenwood's median listing age (time on market) for 2024-11-01 was 0 days.

    Greenwood's median square footage for active listings during the 2024-11-01 period was 1,810 sqft. One year prior, the average listing was 1,842 sqft.