Hagerstown USDA Loan Rates, Closing Costs & Stats

HAGERSTOWN-MARTINSBURG, MD-WV

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.

Hagerstown's 43 lenders originated 166 USDA loans during 2024. The total origination value was $42,950,000, with an average USDA loan value of $258,735.

Hagerstown USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Hagerstown averaged 6.78% for the week of 2025-05-16, compared to the national average (all USDA variants) of 6.481% for the same period.

Hagerstown's average USDA mortgage closing costs are $6,277.

The average rate for the prior week (2025-05-09) was 6.59% and one month ago for the week of 2025-04-11, the average rate was 6.38%.

The average rate one year ago was 6.69%.

For refis of the same type during the week of 2025-05-16, the average rate was 6.71%.

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

Hagerstown 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 Hagerstown level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Integrity Home Mortgage Corp 34 6.30% $9,178
HOMESPIRE MORTGAGE CORPORATION 25 6.08% $8,451
NVR Mortgage Finance, Inc. 12 6.20% $9,323
Sierra Pacific Mortgage Company, Inc. 9 6.57% $8,732
T2 FINANCIAL LLC 7 6.27% $7,972
PRIMELENDING, A PLAINSCAPITAL COMPANY 7 6.34% $10,038
UNITED WHOLESALE MORTGAGE, LLC 6 6.16% $7,804
UNION HOME MORTGAGE CORP. 6 6.15% $10,101
GUILD MORTGAGE COMPANY 5 6.22% $9,169
EMBRACE HOME LOANS, INC. 3 6.38% $6,268
FIRST HOME MORTGAGE CORPORATION 3 6.42% $8,681
TIDEWATER MORTGAGE SERVICES, INC. 3 6.33% $6,942
C & F Mortgage Corporation 3 6.79% $7,704
Atlantic Union Bank 2 5.57% $6,883
BROKER SOLUTIONS, INC. 2 6.31% $9,834
Meridian Bank Corporation 2 5.81% $6,665
Paramount Residential Mortgage Group, Inc. 2 6.19% $9,559
MICHIGAN MUTUAL, INC. 2 5.69% $9,367
Atlantic Coast Mortgage, LLC 2 6.06% $9,629
Shore United Bank 2 5.88% $12,468
Sandy Spring Bank 1 5.75% $6,736
TOTAL MORTGAGE SERVICES, LLC 1 7.00% $6,611
United Bank 1 6.13% $6,161
NEWREZ LLC 1 5.25% $10,072
BAYSHORE MORTGAGE FUNDING, LLC 1 6.50% $9,415
Capital Bank 1 5.50% $18,943
Century Mortgage Company DBA Century Lending Company 1 6.25% $6,630
CROSSCOUNTRY MORTGAGE, LLC 1 6.63% $7,826
DHI MORTGAGE COMPANY, LTD. 1 4.99% $7,230
DIRECT MORTGAGE LOANS, LLC 1 6.63% $8,980
EAGLE HOME MORTGAGE, LLC 1 5.13% $4,544
Farmers and Merchants Trust Company of Chambersburg 1 6.13% $5,545
First Heritage Mortgage, LLC 1 6.25% $5,911
Flagstar Bank, FSB 1 6.00% $9,692
GSF Mortgage Corporation 1 6.13% $9,409
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.88% $11,434
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 1 6.13% $6,987
Mortgage Research Center, LLC 1 5.25% $9,577
MOVEMENT MORTGAGE, LLC 1 5.63% $13,369
NFM, INC. 1 5.63% $8,992
PLANET HOME LENDING, LLC 1 5.50% $9,150
Presidential Bank, FSB 1 6.13% $6,713
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.88% $9,203

The top Hagerstown USDA lender as defined by loan originations is Integrity Home Mortgage Corp, with 34 USDA loans originated. Their average total fees are $9,178, which is $727 higher than the next largest lender, HOMESPIRE MORTGAGE CORPORATION.

The lowest fee Hagerstown USDA lenders (with over 10 loans originated) are HOMESPIRE MORTGAGE CORPORATION ($8,451), Integrity Home Mortgage Corp ($9,178), NVR Mortgage Finance, Inc. ($9,323), .

The lowest rate Hagerstown USDA lenders (with over 10 loans originated) are HOMESPIRE MORTGAGE CORPORATION (6.08%), NVR Mortgage Finance, Inc. (6.20%), Integrity Home Mortgage Corp (6.30%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Hagerstown (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 $204,945 (7.8%) $226,983 (3.8%) 0.76 1,192
2018-02-01 $209,990 (8.8%) $232,026 (5.7%) 0.76 1,192
2018-03-01 $219,000 (10.4%) $239,467 (6.5%) 0.77 1,203
2018-04-01 $219,900 (10.0%) $239,688 (5.7%) 0.75 1,299
2018-05-01 $224,900 (8.4%) $246,223 (6.3%) 0.75 1,404
2018-06-01 $225,000 (7.2%) $249,256 (6.1%) 0.75 1,492
2018-07-01 $229,900 (10.0%) $250,818 (5.9%) 0.77 1,497
2018-08-01 $229,450 (10.2%) $250,555 (5.5%) 0.77 1,527
2018-09-01 $229,000 (9.1%) $251,491 (6.3%) 0.77 1,472
2018-10-01 $229,900 (9.5%) $249,718 (7.0%) 0.78 1,464
2018-11-01 $229,900 (10.7%) $251,864 (8.8%) 0.78 1,469
2018-12-01 $229,900 (15.0%) $250,230 (11.5%) 0.79 1,358
2019-01-01 $229,900 (12.2%) $251,455 (10.8%) 0.79 1,265
2019-02-01 $229,998 (9.5%) $256,171 (10.4%) 0.78 1,258
2019-03-01 $234,190 (6.9%) $259,209 (8.2%) 0.77 1,273
2019-04-01 $234,675 (6.7%) $261,254 (9.0%) 0.75 1,337
2019-05-01 $235,000 (4.5%) $262,371 (6.6%) 0.73 1,404
2019-06-01 $237,945 (5.8%) $265,083 (6.4%) 0.74 1,448
2019-07-01 $229,973 (0.0%) $262,903 (4.8%) 0.72 1,489
2019-08-01 $232,660 (1.4%) $264,465 (5.6%) 0.74 1,476
2019-09-01 $236,733 (3.4%) $267,082 (6.2%) 0.76 1,453
2019-10-01 $239,448 (4.2%) $268,540 (7.5%) 0.77 1,427
2019-11-01 $239,900 (4.4%) $268,499 (6.6%) 0.79 1,318
2019-12-01 $239,900 (4.4%) $272,387 (8.9%) 0.80 1,130
2020-01-01 $236,223 (2.8%) $270,114 (7.4%) 0.79 1,008
2020-02-01 $243,200 (5.7%) $276,485 (7.9%) 0.80 962
2020-03-01 $244,900 (4.6%) $279,445 (7.8%) 0.77 958
2020-04-01 $246,323 (5.0%) $279,934 (7.2%) 0.77 936
2020-05-01 $249,000 (6.0%) $285,755 (8.9%) 0.76 847
2020-06-01 $247,150 (3.9%) $284,757 (7.4%) 0.73 741
2020-07-01 $249,998 (8.7%) $286,900 (9.1%) 0.72 655
2020-08-01 $257,990 (10.9%) $292,353 (10.6%) 0.74 586
2020-09-01 $259,673 (9.7%) $293,716 (10.0%) 0.74 561
2020-10-01 $253,990 (6.1%) $288,360 (7.4%) 0.73 539
2020-11-01 $254,723 (6.2%) $289,351 (7.8%) 0.74 496
2020-12-01 $259,445 (8.2%) $287,144 (5.4%) 0.77 459
2021-01-01 $268,900 (13.8%) $291,571 (7.9%) 0.80 409
2021-02-01 $261,968 (7.7%) $293,912 (6.3%) 0.76 302
2021-03-01 $263,498 (7.6%) $295,773 (5.8%) 0.75 302
2021-04-01 $274,325 (11.4%) $309,744 (10.7%) 0.74 285
2021-05-01 $275,000 (10.4%) $325,943 (14.1%) 0.73 298
2021-06-01 $268,650 (8.7%) $323,605 (13.6%) 0.71 371
2021-07-01 $279,000 (11.6%) $325,026 (13.3%) 0.74 448
2021-08-01 $282,500 (9.5%) $340,429 (16.4%) 0.75 478
2021-09-01 $282,450 (8.8%) $335,489 (14.2%) 0.75 454
2021-10-01 $280,000 (10.2%) $329,183 (14.2%) 0.75 452
2021-11-01 $294,410 (15.6%) $334,889 (15.7%) 0.79 473
2021-12-01 $291,248 (12.3%) $322,913 (12.5%) 0.79 431
2022-01-01 $303,990 (13.1%) $333,484 (14.4%) 0.82 362
2022-02-01 $310,000 (18.3%) $338,389 (15.1%) 0.81 312
2022-03-01 $320,245 (21.5%) $350,561 (18.5%) 0.80 315
2022-04-01 $323,490 (17.9%) $360,981 (16.5%) 0.77 354
2022-05-01 $323,445 (17.6%) $361,648 (11.0%) 0.74 455
2022-06-01 $323,745 (20.5%) $368,743 (14.0%) 0.72 532
2022-07-01 $315,490 (13.1%) $361,720 (11.3%) 0.71 632
2022-08-01 $320,945 (13.6%) $358,125 (5.2%) 0.74 654
2022-09-01 $322,000 (14.0%) $363,479 (8.3%) 0.75 664
2022-10-01 $316,990 (13.2%) $360,426 (9.5%) 0.75 727
2022-11-01 $315,000 (7.0%) $352,903 (5.4%) 0.76 707
2022-12-01 $313,990 (7.8%) $353,686 (9.5%) 0.78 678
2023-01-01 $324,950 (6.9%) $363,500 (9.0%) 0.80 573
2023-02-01 $326,974 (5.5%) $376,344 (11.2%) 0.79 528
2023-03-01 $324,973 (1.5%) $380,845 (8.6%) 0.77 532
2023-04-01 $329,900 (2.0%) $388,533 (7.6%) 0.77 522
2023-05-01 $336,328 (4.0%) $398,237 (10.1%) 0.76 561
2023-06-01 $341,495 (5.5%) $401,953 (9.0%) 0.77 562
2023-07-01 $332,490 (5.4%) $396,278 (9.6%) 0.76 549
2023-08-01 $330,775 (3.1%) $391,416 (9.3%) 0.76 550
2023-09-01 $337,965 (5.0%) $408,837 (12.5%) 0.79 563
2023-10-01 $338,990 (6.9%) $409,980 (13.8%) 0.80 629
2023-11-01 $335,990 (6.7%) $412,867 (17.0%) 0.80 625
2023-12-01 $345,000 (9.9%) $412,476 (16.6%) 0.84 581
2024-01-01 $338,468 (4.2%) $417,600 (14.9%) 0.83 524
2024-02-01 $343,740 (5.1%) $422,780 (12.3%) 0.83 473
2024-03-01 $344,945 (6.2%) $420,193 (10.3%) 0.81 468
2024-04-01 $344,995 (4.6%) $410,664 (5.7%) 0.80 513
2024-05-01 $350,000 (4.1%) $409,112 (2.7%) 0.80 555
2024-06-01 $350,000 (2.5%) $407,153 (1.3%) 0.80 625
2024-07-01 $349,995 (5.3%) $402,816 (1.7%) 0.80 625
2024-08-01 $339,900 (2.8%) $389,458 (-0.5%) 0.79 630
2024-09-01 $346,888 (2.6%) $393,398 (-3.8%) 0.82 679
2024-10-01 $343,251 (1.3%) $387,031 (-5.6%) 0.81 748
2024-11-01 $345,000 (2.7%) $390,306 (-5.5%) 0.83 756
2024-12-01 $347,490 (0.7%) $393,929 (-4.5%) 0.86 723
2025-01-01 $344,998 (1.9%) $389,488 (-6.7%) 0.86 695
2025-02-01 $348,445 (1.4%) $389,538 (-7.9%) 0.85 668
2025-03-01 $354,900 (2.9%) $397,828 (-5.3%) 0.84 633
2025-04-01 $362,445 (5.1%) $408,828 (-0.5%) 0.84 665
Hagerstown's median listing price for 2025-04-01 was $362,445, a difference of $17,450 (5.1%) versus the prior year and $7,545 versus the prior month.

Hagerstown's median listing price comes in at 84% of the national average.

Hagerstown's average listing price for 2025-04-01 was $408,828, a difference of $-1,836 (-0.5%) versus the prior year and $11,000 versus the prior month.

For the 2025-04-01 period, Hagerstown had 665 MLS listings, a difference of 32 listings (5%) versus the prior month and 152 listings (30%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Hagerstown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 90 days 1,739 sqft
2018-02-01 83 days 1,785 sqft
2018-03-01 63 days 1,794 sqft
2018-04-01 57 days 1,785 sqft
2018-05-01 50 days 1,791 sqft
2018-06-01 52 days 1,892 sqft
2018-07-01 65 days 1,917 sqft
2018-08-01 69 days 1,886 sqft
2018-09-01 71 days 1,900 sqft
2018-10-01 75 days 1,923 sqft
2018-11-01 73 days 1,926 sqft
2018-12-01 82 days 1,901 sqft
2019-01-01 87 days 1,899 sqft
2019-02-01 88 days 1,910 sqft
2019-03-01 72 days 1,930 sqft
2019-04-01 53 days 1,926 sqft
2019-05-01 53 days 1,919 sqft
2019-06-01 59 days 1,928 sqft
2019-07-01 56 days 1,909 sqft
2019-08-01 58 days 1,902 sqft
2019-09-01 63 days 1,905 sqft
2019-10-01 67 days 1,903 sqft
2019-11-01 73 days 1,906 sqft
2019-12-01 93 days 1,923 sqft
2020-01-01 89 days 1,896 sqft
2020-02-01 64 days 1,898 sqft
2020-03-01 50 days 1,905 sqft
2020-04-01 59 days 1,915 sqft
2020-05-01 68 days 1,948 sqft
2020-06-01 66 days 1,954 sqft
2020-07-01 55 days 1,938 sqft
2020-08-01 51 days 2,011 sqft
2020-09-01 52 days 1,995 sqft
2020-10-01 56 days 1,920 sqft
2020-11-01 52 days 1,888 sqft
2020-12-01 58 days 1,848 sqft
2021-01-01 50 days 1,827 sqft
2021-02-01 44 days 1,854 sqft
2021-03-01 46 days 1,802 sqft
2021-04-01 33 days 1,829 sqft
2021-05-01 33 days 1,893 sqft
2021-06-01 33 days 1,808 sqft
2021-07-01 33 days 1,844 sqft
2021-08-01 34 days 1,817 sqft
2021-09-01 40 days 1,829 sqft
2021-10-01 45 days 1,820 sqft
2021-11-01 39 days 1,855 sqft
2021-12-01 46 days 1,830 sqft
2022-01-01 50 days 1,860 sqft
2022-02-01 41 days 1,802 sqft
2022-03-01 35 days 1,850 sqft
2022-04-01 28 days 1,899 sqft
2022-05-01 29 days 1,899 sqft
2022-06-01 30 days 1,915 sqft
2022-07-01 37 days 1,925 sqft
2022-08-01 41 days 1,921 sqft
2022-09-01 45 days 1,906 sqft
2022-10-01 49 days 1,888 sqft
2022-11-01 51 days 1,870 sqft
2022-12-01 57 days 1,859 sqft
2023-01-01 58 days 1,860 sqft
2023-02-01 46 days 1,863 sqft
2023-03-01 39 days 1,839 sqft
2023-04-01 38 days 1,874 sqft
2023-05-01 30 days 1,828 sqft
2023-06-01 36 days 1,863 sqft
2023-07-01 38 days 1,840 sqft
2023-08-01 37 days 1,813 sqft
2023-09-01 38 days 1,883 sqft
2023-10-01 36 days 1,908 sqft
2023-11-01 42 days 1,835 sqft
2023-12-01 52 days 1,863 sqft
2024-01-01 52 days 1,830 sqft
2024-02-01 39 days 1,784 sqft
2024-03-01 40 days 1,794 sqft
2024-04-01 28 days 1,805 sqft
2024-05-01 29 days 1,870 sqft
2024-06-01 36 days 1,875 sqft
2024-07-01 43 days 1,897 sqft
2024-08-01 45 days 1,849 sqft
2024-09-01 40 days 1,829 sqft
2024-10-01 39 days 1,789 sqft
2024-11-01 44 days 1,800 sqft
2024-12-01 54 days 1,860 sqft
2025-01-01 55 days 1,819 sqft
2025-02-01 46 days 1,843 sqft
2025-03-01 43 days 1,846 sqft
2025-04-01 32 days 1,873 sqft
Hagerstown's median listing age (time on market) for 2025-04-01 was 32 days. This is 16% longer than the same period one year ago.

Hagerstown's median square footage for active listings during the 2025-04-01 period was 1,873 sqft. One year prior, the average listing was 1,805 sqft.