Harrisburg USDA Loan Rates, Closing Costs & Stats

HARRISBURG-CARLISLE, PA

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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.

    Harrisburg's 25 lenders originated 38 USDA loans during 2023. The total origination value was $6,680,000, with an average USDA loan value of $175,789.

    Harrisburg USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Harrisburg averaged -0.14% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

    Harrisburg's average USDA mortgage closing costs are $5,701.

    The average rate for the prior week (2024-11-08) was 6.42% and one month ago for the week of 2024-10-11, the average rate was 5.88%.

    The average rate one year ago was 7.51%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0.12%.

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

    Harrisburg 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 Harrisburg level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage America, Inc. 4 5.97% $4,908
    GUILD MORTGAGE COMPANY 4 6.56% $6,333
    CROSSCOUNTRY MORTGAGE, LLC 3 6.33% $9,134
    UNITED WHOLESALE MORTGAGE, LLC 2 6.06% $7,366
    Citizens Bank 2 6.94% $7,663
    MEMBERS 1ST FEDERAL CREDIT UNION 2 6.63% $5,719
    Northpointe Bank 2 6.00% $6,528
    HOMESPIRE MORTGAGE CORPORATION 1 6.63% $1,954
    Integrity Home Mortgage Corp 1 5.50% $12,739
    LOANDEPOT.COM, LLC 1 6.25% $6,712
    MOVEMENT MORTGAGE, LLC 1 7.63% $8,749
    M&T Bank 1 6.25% $6,835
    NFM, INC. 1 6.88% $7,595
    Paramount Residential Mortgage Group, Inc. 1 6.75% $8,496
    PLAZA HOME MORTGAGE, INC. 1 6.75% $10,214
    TIDEWATER MORTGAGE SERVICES, INC. 1 6.13% $5,870
    Towne Bank 1 5.88% $6,266
    ABSOLUTE HOME MORTGAGE CORPORATION 1 7.13% $8,127
    Univest Bank and Trust Co. 1 7.13% $9,323
    ALLIED MORTGAGE GROUP, INC. 1 5.75% $14,028
    CMG MORTGAGE, INC. 1 7.25% $7,333
    Equity Prime Mortgage LLC 1 7.25% $5,003
    Flagstar Bank, FSB 1 6.75% $2,781
    Foote Capital Mortgage Company 1 6.75% $2,781
    GUARANTEED RATE AFFINITY, LLC 1 7.25% $8,811

    The top Harrisburg USDA lender as defined by loan originations is Mortgage America, Inc., with 4 USDA loans originated. Their average total fees are $4,908, which is $1,424 lower than the next largest lender, GUILD MORTGAGE COMPANY.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Harrisburg (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 $196,950 (10.7%) $241,245 (6.0%) 0.73 1,752
    2018-02-01 $201,873 (14.3%) $244,829 (6.6%) 0.73 1,668
    2018-03-01 $209,950 (13.7%) $254,189 (8.3%) 0.74 1,633
    2018-04-01 $208,250 (9.6%) $256,542 (6.1%) 0.71 1,659
    2018-05-01 $224,400 (12.2%) $265,512 (6.7%) 0.75 1,748
    2018-06-01 $219,900 (10.1%) $261,537 (4.7%) 0.73 1,876
    2018-07-01 $216,028 (10.8%) $260,339 (5.0%) 0.72 1,916
    2018-08-01 $219,900 (12.8%) $258,799 (5.6%) 0.74 1,963
    2018-09-01 $219,900 (15.8%) $260,568 (9.0%) 0.74 1,906
    2018-10-01 $216,810 (14.5%) $260,520 (10.4%) 0.73 1,889
    2018-11-01 $214,450 (15.6%) $258,500 (10.6%) 0.73 1,800
    2018-12-01 $219,083 (16.3%) $257,034 (9.7%) 0.76 1,614
    2019-01-01 $219,375 (11.4%) $256,358 (6.3%) 0.76 1,448
    2019-02-01 $219,950 (9.0%) $255,798 (4.5%) 0.74 1,361
    2019-03-01 $219,979 (4.8%) $262,282 (3.2%) 0.72 1,367
    2019-04-01 $219,954 (5.6%) $267,896 (4.4%) 0.70 1,410
    2019-05-01 $222,400 (-0.9%) $267,374 (0.7%) 0.70 1,494
    2019-06-01 $228,250 (3.8%) $269,589 (3.1%) 0.71 1,527
    2019-07-01 $232,950 (7.8%) $275,879 (6.0%) 0.73 1,553
    2019-08-01 $233,242 (6.1%) $279,075 (7.8%) 0.74 1,513
    2019-09-01 $236,987 (7.8%) $285,217 (9.5%) 0.76 1,447
    2019-10-01 $239,259 (10.4%) $288,789 (10.9%) 0.77 1,425
    2019-11-01 $234,900 (9.5%) $284,966 (10.2%) 0.77 1,405
    2019-12-01 $237,000 (8.2%) $287,407 (11.8%) 0.79 1,236
    2020-01-01 $239,900 (9.4%) $291,003 (13.5%) 0.80 1,061
    2020-02-01 $240,000 (9.1%) $294,519 (15.1%) 0.79 943
    2020-03-01 $249,968 (13.6%) $302,013 (15.2%) 0.78 906
    2020-04-01 $250,850 (14.1%) $305,033 (13.9%) 0.79 828
    2020-05-01 $254,300 (14.3%) $304,920 (14.0%) 0.77 891
    2020-06-01 $257,150 (12.7%) $304,828 (13.1%) 0.76 914
    2020-07-01 $261,075 (12.1%) $313,018 (13.5%) 0.76 792
    2020-08-01 $259,900 (11.4%) $317,734 (13.9%) 0.74 745
    2020-09-01 $256,650 (8.3%) $321,265 (12.6%) 0.74 724
    2020-10-01 $261,400 (9.3%) $324,978 (12.5%) 0.75 660
    2020-11-01 $257,500 (9.6%) $321,011 (12.7%) 0.75 619
    2020-12-01 $252,825 (6.7%) $313,178 (9.0%) 0.75 602
    2021-01-01 $259,850 (8.3%) $319,845 (9.9%) 0.78 524
    2021-02-01 $268,450 (11.9%) $323,661 (9.9%) 0.78 443
    2021-03-01 $278,925 (11.6%) $333,592 (10.5%) 0.79 446
    2021-04-01 $273,000 (8.8%) $341,955 (12.1%) 0.74 444
    2021-05-01 $279,250 (9.8%) $341,370 (12.0%) 0.74 495
    2021-06-01 $239,950 (-6.7%) $312,556 (2.5%) 0.63 633
    2021-07-01 $239,900 (-8.1%) $304,350 (-2.8%) 0.63 663
    2021-08-01 $239,950 (-7.7%) $308,494 (-2.9%) 0.64 684
    2021-09-01 $239,925 (-6.5%) $300,670 (-6.4%) 0.64 668
    2021-10-01 $249,900 (-4.4%) $318,190 (-2.1%) 0.67 654
    2021-11-01 $249,925 (-2.9%) $327,139 (1.9%) 0.67 610
    2021-12-01 $247,675 (-2.0%) $317,690 (1.4%) 0.67 534
    2022-01-01 $234,500 (-9.8%) $312,166 (-2.4%) 0.63 471
    2022-02-01 $261,950 (-2.4%) $336,308 (3.9%) 0.68 414
    2022-03-01 $262,450 (-5.9%) $337,297 (1.1%) 0.66 434
    2022-04-01 $289,900 (6.2%) $343,406 (0.4%) 0.69 492
    2022-05-01 $277,450 (-0.6%) $343,981 (0.8%) 0.63 565
    2022-06-01 $292,000 (21.7%) $354,747 (13.5%) 0.65 640
    2022-07-01 $298,053 (24.2%) $364,110 (19.6%) 0.67 679
    2022-08-01 $312,450 (30.2%) $367,361 (19.1%) 0.72 683
    2022-09-01 $297,450 (24.0%) $361,348 (20.2%) 0.70 703
    2022-10-01 $309,900 (24.0%) $364,632 (14.6%) 0.73 723
    2022-11-01 $309,500 (23.8%) $367,760 (12.4%) 0.74 706
    2022-12-01 $300,000 (21.1%) $363,491 (14.4%) 0.74 632
    2023-01-01 $319,998 (36.5%) $380,017 (21.7%) 0.79 538
    2023-02-01 $322,400 (23.1%) $388,535 (15.5%) 0.78 518
    2023-03-01 $344,900 (31.4%) $404,928 (20.1%) 0.81 506
    2023-04-01 $319,990 (10.4%) $403,367 (17.5%) 0.74 474
    2023-05-01 $321,500 (15.9%) $409,085 (18.9%) 0.73 504
    2023-06-01 $325,000 (11.3%) $397,331 (12.0%) 0.73 510
    2023-07-01 $332,350 (11.5%) $402,284 (10.5%) 0.76 519
    2023-08-01 $337,225 (7.9%) $405,813 (10.5%) 0.77 542
    2023-09-01 $330,000 (10.9%) $411,843 (14.0%) 0.77 577
    2023-10-01 $322,400 (4.0%) $403,593 (10.7%) 0.76 647
    2023-11-01 $297,575 (-3.9%) $388,152 (5.6%) 0.71 647
    2023-12-01 $306,200 (2.1%) $389,398 (7.1%) 0.75 608
    2024-01-01 $312,165 (-2.5%) $394,001 (3.7%) 0.76 542
    2024-02-01 $302,423 (-6.2%) $385,507 (-0.8%) 0.73 523
    2024-03-01 $309,950 (-10.1%) $387,121 (-4.4%) 0.73 555
    2024-04-01 $321,950 (0.6%) $398,868 (-1.1%) 0.75 559
    2024-05-01 $352,445 (9.6%) $433,032 (5.9%) 0.80 587
    2024-06-01 $350,000 (7.7%) $423,232 (6.5%) 0.79 627
    2024-07-01 $347,950 (4.7%) $421,271 (4.7%) 0.80 704
    2024-08-01 $335,000 (-0.7%) $414,893 (2.2%) 0.78 774
    2024-09-01 $332,450 (0.7%) $403,358 (-2.1%) 0.78 819
    2024-10-01 $333,509 (3.5%) $403,042 (-0.1%) 0.78 864
    Harrisburg's median listing price for 2024-10-01 was $333,509, a difference of $11,109 (3.5%) versus the prior year and $1,059 versus the prior month.

    Harrisburg's median listing price comes in at 78% of the national average.

    Harrisburg's average listing price for 2024-10-01 was $403,042, a difference of $-551 (-0.1%) versus the prior year and $-316 versus the prior month.

    For the 2024-10-01 period, Harrisburg had 864 MLS listings, a difference of 45 listings (5%) versus the prior month and 217 listings (34%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Harrisburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 93 days 1,798 sqft
    2018-02-01 88 days 1,814 sqft
    2018-03-01 72 days 1,846 sqft
    2018-04-01 60 days 1,832 sqft
    2018-05-01 54 days 1,850 sqft
    2018-06-01 52 days 1,970 sqft
    2018-07-01 59 days 1,954 sqft
    2018-08-01 62 days 1,950 sqft
    2018-09-01 64 days 1,966 sqft
    2018-10-01 67 days 1,941 sqft
    2018-11-01 72 days 1,920 sqft
    2018-12-01 80 days 1,920 sqft
    2019-01-01 89 days 1,907 sqft
    2019-02-01 85 days 1,901 sqft
    2019-03-01 61 days 1,905 sqft
    2019-04-01 42 days 1,935 sqft
    2019-05-01 42 days 2,018 sqft
    2019-06-01 47 days 2,029 sqft
    2019-07-01 53 days 2,075 sqft
    2019-08-01 54 days 2,068 sqft
    2019-09-01 54 days 2,094 sqft
    2019-10-01 56 days 2,113 sqft
    2019-11-01 60 days 2,102 sqft
    2019-12-01 74 days 2,099 sqft
    2020-01-01 86 days 2,096 sqft
    2020-02-01 72 days 2,100 sqft
    2020-03-01 50 days 2,133 sqft
    2020-04-01 63 days 2,108 sqft
    2020-05-01 66 days 2,133 sqft
    2020-06-01 37 days 2,118 sqft
    2020-07-01 35 days 2,109 sqft
    2020-08-01 32 days 2,114 sqft
    2020-09-01 36 days 2,079 sqft
    2020-10-01 50 days 2,083 sqft
    2020-11-01 51 days 2,067 sqft
    2020-12-01 54 days 2,057 sqft
    2021-01-01 65 days 2,062 sqft
    2021-02-01 59 days 2,071 sqft
    2021-03-01 48 days 2,059 sqft
    2021-04-01 41 days 2,018 sqft
    2021-05-01 36 days 1,964 sqft
    2021-06-01 34 days 1,850 sqft
    2021-07-01 36 days 1,882 sqft
    2021-08-01 37 days 1,863 sqft
    2021-09-01 43 days 1,853 sqft
    2021-10-01 43 days 1,816 sqft
    2021-11-01 44 days 1,830 sqft
    2021-12-01 51 days 1,824 sqft
    2022-01-01 52 days 1,831 sqft
    2022-02-01 43 days 1,869 sqft
    2022-03-01 32 days 1,855 sqft
    2022-04-01 33 days 1,888 sqft
    2022-05-01 35 days 1,882 sqft
    2022-06-01 35 days 1,917 sqft
    2022-07-01 38 days 1,936 sqft
    2022-08-01 39 days 1,955 sqft
    2022-09-01 43 days 1,938 sqft
    2022-10-01 44 days 1,951 sqft
    2022-11-01 47 days 1,961 sqft
    2022-12-01 57 days 1,949 sqft
    2023-01-01 68 days 1,989 sqft
    2023-02-01 60 days 1,933 sqft
    2023-03-01 47 days 2,011 sqft
    2023-04-01 38 days 2,016 sqft
    2023-05-01 35 days 1,990 sqft
    2023-06-01 38 days 1,993 sqft
    2023-07-01 38 days 2,032 sqft
    2023-08-01 34 days 2,038 sqft
    2023-09-01 37 days 2,050 sqft
    2023-10-01 36 days 1,980 sqft
    2023-11-01 43 days 1,911 sqft
    2023-12-01 50 days 1,875 sqft
    2024-01-01 54 days 1,873 sqft
    2024-02-01 43 days 1,842 sqft
    2024-03-01 40 days 1,874 sqft
    2024-04-01 37 days 1,861 sqft
    2024-05-01 28 days 1,939 sqft
    2024-06-01 30 days 1,931 sqft
    2024-07-01 37 days 1,964 sqft
    2024-08-01 37 days 1,966 sqft
    2024-09-01 39 days 1,963 sqft
    2024-10-01 45 days 1,947 sqft
    Harrisburg's median listing age (time on market) for 2024-10-01 was 45 days. This is 25% longer than the same period one year ago.

    Harrisburg's median square footage for active listings during the 2024-10-01 period was 1,947 sqft. One year prior, the average listing was 1,980 sqft.