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 6.2% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

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

    The average rate for the prior week (2025-02-07) was 6.56% and one month ago for the week of 2025-01-10, the average rate was 6.31%.

    The average rate one year ago was 6.4%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.63%.

    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 $175,200 (10.3%) $239,340 (4.7%) 0.00 242
    2018-02-01 $172,400 (10.6%) $239,897 (5.8%) 0.00 237
    2018-03-01 $174,900 (10.1%) $245,927 (5.9%) 0.00 279
    2018-04-01 $178,300 (-0.4%) $246,314 (3.9%) 0.00 291
    2018-05-01 $182,950 (1.9%) $252,837 (5.7%) 0.00 297
    2018-06-01 $192,000 (8.5%) $254,080 (8.0%) 0.00 297
    2018-07-01 $199,450 (9.6%) $260,130 (7.5%) 0.00 286
    2018-08-01 $189,900 (2.7%) $252,266 (3.0%) 0.00 284
    2018-09-01 $199,000 (5.0%) $253,113 (1.2%) 0.00 290
    2018-10-01 $199,450 (7.8%) $251,812 (-0.4%) 0.00 274
    2018-11-01 $192,525 (2.2%) $253,524 (1.4%) 0.00 263
    2018-12-01 $189,999 (6.1%) $257,312 (4.3%) 0.00 237
    2019-01-01 $191,114 (9.1%) $260,673 (8.9%) 0.00 227
    2019-02-01 $187,000 (8.5%) $260,635 (8.6%) 0.00 214
    2019-03-01 $199,900 (14.3%) $273,097 (11.1%) 0.00 201
    2019-04-01 $217,950 (22.2%) $286,609 (16.4%) 0.00 199
    2019-05-01 $254,575 (39.2%) $311,203 (23.1%) 0.00 230
    2019-06-01 $235,000 (22.4%) $316,831 (24.7%) 0.00 228
    2019-07-01 $236,978 (18.8%) $319,453 (22.8%) 0.00 254
    2019-08-01 $241,089 (27.0%) $327,377 (29.8%) 0.00 255
    2019-09-01 $251,417 (26.3%) $332,177 (31.2%) 0.00 251
    2019-10-01 $258,302 (29.5%) $335,377 (33.2%) 0.00 249
    2019-11-01 $249,900 (29.8%) $318,394 (25.6%) 0.00 255
    2019-12-01 $244,925 (28.9%) $315,471 (22.6%) 0.00 232
    2020-01-01 $247,425 (29.5%) $316,204 (21.3%) 0.00 227
    2020-02-01 $249,900 (33.6%) $314,942 (20.8%) 0.00 223
    2020-03-01 $273,350 (36.7%) $327,060 (19.8%) 0.00 213
    2020-04-01 $275,000 (26.2%) $332,894 (16.2%) 0.00 218
    2020-05-01 $279,000 (9.6%) $340,419 (9.4%) 0.00 218
    2020-06-01 $292,350 (24.4%) $345,251 (9.0%) 0.00 192
    2020-07-01 $291,925 (23.2%) $347,332 (8.7%) 0.00 161
    2020-08-01 $283,500 (17.6%) $315,626 (-3.6%) 0.00 156
    2020-09-01 $275,850 (9.7%) $312,653 (-5.9%) 0.00 162
    2020-10-01 $269,900 (4.5%) $315,353 (-6.0%) 0.00 160
    2020-11-01 $275,975 (10.4%) $324,919 (2.1%) 0.00 133
    2020-12-01 $270,560 (10.5%) $329,714 (4.5%) 0.00 103
    2021-01-01 $244,250 (-1.3%) $301,395 (-4.7%) 0.00 87
    2021-02-01 $233,568 (-6.5%) $285,720 (-9.3%) 0.00 85
    2021-03-01 $262,700 (-3.9%) $337,969 (3.3%) 0.00 82
    2021-04-01 $261,500 (-4.9%) $354,760 (6.6%) 0.00 70
    2021-05-01 $249,900 (-10.4%) $323,970 (-4.8%) 0.00 66
    2021-06-01 $241,500 (-17.4%) $311,613 (-9.7%) 0.00 78
    2021-07-01 $249,900 (-14.4%) $313,171 (-9.8%) 0.00 83
    2021-08-01 $245,473 (-13.4%) $301,820 (-4.4%) 0.00 107
    2021-09-01 $250,248 (-9.3%) $285,677 (-8.6%) 0.00 126
    2021-10-01 $225,000 (-16.6%) $264,246 (-16.2%) 0.00 129
    2021-11-01 $240,950 (-12.7%) $269,211 (-17.2%) 0.00 137
    2021-12-01 $249,950 (-7.6%) $275,503 (-16.4%) 0.00 145
    2022-01-01 $280,000 (14.6%) $307,326 (2.0%) 0.00 119
    2022-02-01 $281,875 (20.7%) $303,780 (6.3%) 0.00 125
    2022-03-01 $276,945 (5.4%) $308,647 (-8.7%) 0.00 122
    2022-04-01 $292,500 (11.9%) $331,865 (-6.5%) 0.00 118
    2022-05-01 $297,725 (19.1%) $353,749 (9.2%) 0.00 125
    2022-06-01 $279,175 (15.6%) $341,927 (9.7%) 0.00 142
    2022-07-01 $282,250 (13.0%) $357,471 (14.2%) 0.00 153
    2022-08-01 $278,250 (13.4%) $341,972 (13.3%) 0.00 166
    2022-09-01 $276,000 (10.3%) $353,521 (23.8%) 0.00 190
    2022-10-01 $281,000 (24.9%) $361,542 (36.8%) 0.00 192
    2022-11-01 $280,500 (16.4%) $349,758 (29.9%) 0.00 192
    2022-12-01 $275,245 (10.1%) $342,181 (24.2%) 0.00 191
    2023-01-01 $277,073 (-1.1%) $346,283 (12.7%) 0.00 178
    2023-02-01 $291,240 (3.3%) $369,062 (21.5%) 0.00 159
    2023-03-01 $291,740 (5.3%) $378,506 (22.6%) 0.00 153
    2023-04-01 $299,900 (2.5%) $380,055 (14.5%) 0.00 143
    2023-05-01 $314,675 (5.7%) $397,345 (12.3%) 0.00 143
    2023-06-01 $319,925 (14.6%) $412,536 (20.7%) 0.00 157
    2023-07-01 $299,900 (6.3%) $391,263 (9.5%) 0.00 145
    2023-08-01 $299,000 (7.5%) $375,334 (9.8%) 0.00 152
    2023-09-01 $285,000 (3.3%) $370,753 (4.9%) 0.00 166
    2023-10-01 $279,450 (-0.6%) $352,151 (-2.6%) 0.00 179
    2023-11-01 $287,450 (2.5%) $358,323 (2.5%) 0.00 189
    2023-12-01 $281,990 (2.5%) $337,037 (-1.5%) 0.00 198
    2024-01-01 $297,125 (7.2%) $339,852 (-1.9%) 0.00 185
    2024-02-01 $292,950 (0.6%) $339,930 (-7.9%) 0.00 189
    2024-03-01 $294,900 (1.1%) $350,982 (-7.3%) 0.00 218
    2024-04-01 $299,900 (0.0%) $348,271 (-8.4%) 0.00 240
    2024-05-01 $288,950 (-8.2%) $354,868 (-10.7%) 0.00 226
    2024-06-01 $299,000 (-6.5%) $352,822 (-14.5%) 0.00 249
    2024-07-01 $293,250 (-2.2%) $355,275 (-9.2%) 0.00 244
    2024-08-01 $299,945 (0.3%) $370,160 (-1.4%) 0.00 258
    2024-09-01 $296,125 (3.9%) $362,706 (-2.2%) 0.00 249
    2024-10-01 $293,269 (4.9%) $365,499 (3.8%) 0.00 228
    2024-11-01 $267,500 (-6.9%) $343,241 (-4.2%) 0.00 234
    2024-12-01 $271,200 (-3.8%) $324,584 (-3.7%) 0.00 240
    2025-01-01 $274,000 (-7.8%) $319,937 (-5.9%) 0.00 232
    Greenwood's median listing price for 2025-01-01 was $274,000, a difference of $-23,125 (-7.8%) versus the prior year and $2,800 versus the prior month.

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

    Greenwood's average listing price for 2025-01-01 was $319,937, a difference of $-19,915 (-5.9%) versus the prior year and $-4,647 versus the prior month.

    For the 2025-01-01 period, Greenwood had 232 MLS listings, a difference of -8 listings (-3%) versus the prior month and 47 listings (25%) 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 1,909 sqft
    2018-02-01 0 days 1,900 sqft
    2018-03-01 0 days 1,950 sqft
    2018-04-01 0 days 1,931 sqft
    2018-05-01 0 days 1,943 sqft
    2018-06-01 0 days 1,950 sqft
    2018-07-01 0 days 1,971 sqft
    2018-08-01 0 days 1,996 sqft
    2018-09-01 0 days 2,026 sqft
    2018-10-01 0 days 2,061 sqft
    2018-11-01 0 days 2,098 sqft
    2018-12-01 0 days 2,086 sqft
    2019-01-01 0 days 2,030 sqft
    2019-02-01 0 days 1,964 sqft
    2019-03-01 0 days 2,019 sqft
    2019-04-01 0 days 2,090 sqft
    2019-05-01 0 days 2,086 sqft
    2019-06-01 0 days 2,084 sqft
    2019-07-01 0 days 2,099 sqft
    2019-08-01 0 days 2,124 sqft
    2019-09-01 0 days 2,161 sqft
    2019-10-01 0 days 2,186 sqft
    2019-11-01 0 days 2,190 sqft
    2019-12-01 0 days 2,161 sqft
    2020-01-01 0 days 2,203 sqft
    2020-02-01 0 days 2,167 sqft
    2020-03-01 0 days 2,216 sqft
    2020-04-01 0 days 2,228 sqft
    2020-05-01 0 days 2,288 sqft
    2020-06-01 0 days 2,312 sqft
    2020-07-01 0 days 2,359 sqft
    2020-08-01 0 days 2,312 sqft
    2020-09-01 0 days 2,427 sqft
    2020-10-01 0 days 2,399 sqft
    2020-11-01 0 days 2,361 sqft
    2020-12-01 0 days 2,294 sqft
    2021-01-01 0 days 2,200 sqft
    2021-02-01 0 days 2,207 sqft
    2021-03-01 0 days 2,243 sqft
    2021-04-01 0 days 2,211 sqft
    2021-05-01 0 days 2,046 sqft
    2021-06-01 0 days 1,878 sqft
    2021-07-01 0 days 2,100 sqft
    2021-08-01 0 days 1,973 sqft
    2021-09-01 0 days 1,849 sqft
    2021-10-01 0 days 1,800 sqft
    2021-11-01 0 days 1,832 sqft
    2021-12-01 0 days 1,855 sqft
    2022-01-01 0 days 1,881 sqft
    2022-02-01 0 days 1,874 sqft
    2022-03-01 0 days 1,879 sqft
    2022-04-01 0 days 1,874 sqft
    2022-05-01 0 days 1,879 sqft
    2022-06-01 0 days 1,878 sqft
    2022-07-01 0 days 1,862 sqft
    2022-08-01 0 days 1,889 sqft
    2022-09-01 0 days 1,899 sqft
    2022-10-01 0 days 1,900 sqft
    2022-11-01 0 days 1,900 sqft
    2022-12-01 0 days 1,928 sqft
    2023-01-01 0 days 1,937 sqft
    2023-02-01 0 days 1,965 sqft
    2023-03-01 0 days 1,981 sqft
    2023-04-01 0 days 2,000 sqft
    2023-05-01 0 days 2,000 sqft
    2023-06-01 0 days 1,995 sqft
    2023-07-01 0 days 1,958 sqft
    2023-08-01 0 days 1,878 sqft
    2023-09-01 0 days 1,880 sqft
    2023-10-01 0 days 1,825 sqft
    2023-11-01 0 days 1,849 sqft
    2023-12-01 0 days 1,900 sqft
    2024-01-01 0 days 1,872 sqft
    2024-02-01 0 days 1,864 sqft
    2024-03-01 0 days 1,928 sqft
    2024-04-01 0 days 1,964 sqft
    2024-05-01 0 days 1,892 sqft
    2024-06-01 0 days 1,824 sqft
    2024-07-01 0 days 1,743 sqft
    2024-08-01 0 days 1,746 sqft
    2024-09-01 0 days 1,750 sqft
    2024-10-01 0 days 1,777 sqft
    2024-11-01 0 days 1,778 sqft
    2024-12-01 0 days 1,776 sqft
    2025-01-01 0 days 1,773 sqft
    Greenwood's median listing age (time on market) for 2025-01-01 was 0 days.

    Greenwood's median square footage for active listings during the 2025-01-01 period was 1,773 sqft. One year prior, the average listing was 1,872 sqft.