Harrisburg USDA Loan Rates, Closing Costs & Stats

HARRISBURG-CARLISLE, PA

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 6.7% for the week of 2024-05-24, compared to the national average (all USDA variants) of 6.738% for the same period.

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

The average rate for the prior week (2024-05-17) was 6.78% and one month ago for the week of 2024-04-19, the average rate was 6.82%.

The average rate one year ago was 6.54%.

For refis of the same type during the week of 2024-05-24, the average rate was 7.06%.

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
Harrisburg's median listing price for 2024-04-01 was $321,950, a difference of $1,960 (0.6%) versus the prior year and $12,000 versus the prior month.

Harrisburg's median listing price comes in at 75% of the national average.

Harrisburg's average listing price for 2024-04-01 was $398,868, a difference of $-4,499 (-1.1%) versus the prior year and $11,747 versus the prior month.

For the 2024-04-01 period, Harrisburg had 559 MLS listings, a difference of 4 listings (1%) versus the prior month and 85 listings (18%) 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
Harrisburg's median listing age (time on market) for 2024-04-01 was 37 days. This is -1% shorter than the same period one year ago.

Harrisburg's median square footage for active listings during the 2024-04-01 period was 1,861 sqft. One year prior, the average listing was 2,016 sqft.