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 29 lenders originated 68 USDA loans during 2022. The total origination value was $12,410,000, with an average USDA loan value of $182,500.
Harrisburg USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Harrisburg
averaged
-0.39%
for the week of 2023-11-24, compared to the national average (all USDA variants) of
0% for the same period.
Harrisburg's average USDA mortgage closing costs are $5,641.
The average rate for the prior week (2023-11-17) was
7% and
one month ago for the week of 2023-10-20, the
average rate was 7.12%.
The average rate one year ago was 6.06%.
For refis of the same type during the week of 2023-11-24, the average rate
was -1.35%.
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.
The top Harrisburg USDA lender as defined by loan originations is Northpointe Bank, with
8 USDA loans originated. Their average total fees are
$7,067, which is $938
lower than the next largest lender,
HOME POINT FINANCIAL CORPORATION.
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. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $197,325 (10.3%) | $241,407 (5.9%) | 0.73 | 1,752 |
2018-02-01 | $201,950 (13.6%) | $244,958 (6.4%) | 0.73 | 1,668 |
2018-03-01 | $210,000 (13.6%) | $254,267 (8.1%) | 0.74 | 1,634 |
2018-04-01 | $208,500 (9.7%) | $256,570 (6.0%) | 0.71 | 1,660 |
2018-05-01 | $224,400 (12.2%) | $265,594 (6.6%) | 0.75 | 1,748 |
2018-06-01 | $219,900 (10.0%) | $261,613 (4.6%) | 0.73 | 1,876 |
2018-07-01 | $216,546 (11.1%) | $260,414 (5.0%) | 0.72 | 1,916 |
2018-08-01 | $219,900 (12.8%) | $258,848 (5.6%) | 0.74 | 1,963 |
2018-09-01 | $219,900 (15.8%) | $260,591 (9.0%) | 0.74 | 1,907 |
2018-10-01 | $217,133 (14.7%) | $260,543 (10.4%) | 0.74 | 1,890 |
2018-11-01 | $214,450 (15.6%) | $258,462 (10.6%) | 0.73 | 1,802 |
2018-12-01 | $219,083 (16.3%) | $256,994 (9.6%) | 0.76 | 1,616 |
2019-01-01 | $219,375 (11.2%) | $256,320 (6.2%) | 0.76 | 1,450 |
2019-02-01 | $219,950 (8.9%) | $255,758 (4.4%) | 0.74 | 1,363 |
2019-03-01 | $220,000 (4.8%) | $262,525 (3.3%) | 0.72 | 1,369 |
2019-04-01 | $220,000 (5.5%) | $268,475 (4.6%) | 0.70 | 1,413 |
2019-05-01 | $222,400 (-0.9%) | $267,875 (0.9%) | 0.70 | 1,499 |
2019-06-01 | $228,750 (4.0%) | $270,088 (3.2%) | 0.71 | 1,531 |
2019-07-01 | $233,325 (7.8%) | $276,352 (6.1%) | 0.73 | 1,556 |
2019-08-01 | $233,784 (6.3%) | $279,537 (8.0%) | 0.74 | 1,518 |
2019-09-01 | $237,224 (7.9%) | $285,670 (9.6%) | 0.76 | 1,451 |
2019-10-01 | $239,518 (10.3%) | $289,235 (11.0%) | 0.77 | 1,429 |
2019-11-01 | $234,900 (9.5%) | $285,176 (10.3%) | 0.77 | 1,406 |
2019-12-01 | $236,957 (8.2%) | $287,632 (11.9%) | 0.79 | 1,237 |
2020-01-01 | $239,900 (9.4%) | $291,108 (13.6%) | 0.80 | 1,064 |
2020-02-01 | $240,000 (9.1%) | $294,808 (15.3%) | 0.79 | 945 |
2020-03-01 | $249,968 (13.6%) | $302,285 (15.2%) | 0.78 | 907 |
2020-04-01 | $250,850 (14.0%) | $304,850 (13.6%) | 0.79 | 830 |
2020-05-01 | $254,100 (14.3%) | $304,844 (13.8%) | 0.77 | 892 |
2020-06-01 | $257,150 (12.4%) | $304,934 (12.9%) | 0.76 | 916 |
2020-07-01 | $261,200 (12.0%) | $313,329 (13.4%) | 0.76 | 793 |
2020-08-01 | $259,900 (11.2%) | $318,057 (13.8%) | 0.74 | 746 |
2020-09-01 | $256,875 (8.3%) | $321,630 (12.6%) | 0.74 | 725 |
2020-10-01 | $261,400 (9.1%) | $325,379 (12.5%) | 0.75 | 661 |
2020-11-01 | $257,550 (9.6%) | $321,425 (12.7%) | 0.75 | 620 |
2020-12-01 | $253,050 (6.8%) | $313,620 (9.0%) | 0.75 | 603 |
2021-01-01 | $259,900 (8.3%) | $320,332 (10.0%) | 0.78 | 525 |
2021-02-01 | $267,200 (11.3%) | $323,099 (9.6%) | 0.78 | 443 |
2021-03-01 | $278,925 (11.6%) | $333,592 (10.4%) | 0.79 | 446 |
2021-04-01 | $274,225 (9.3%) | $341,955 (12.2%) | 0.74 | 444 |
2021-05-01 | $279,250 (9.9%) | $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 (-8.2%) | $304,350 (-2.9%) | 0.63 | 663 |
2021-08-01 | $239,950 (-7.7%) | $308,494 (-3.0%) | 0.64 | 684 |
2021-09-01 | $239,925 (-6.6%) | $300,670 (-6.5%) | 0.64 | 668 |
2021-10-01 | $249,900 (-4.4%) | $318,190 (-2.2%) | 0.67 | 654 |
2021-11-01 | $249,900 (-3.0%) | $327,139 (1.8%) | 0.67 | 610 |
2021-12-01 | $247,350 (-2.3%) | $316,953 (1.1%) | 0.67 | 535 |
2022-01-01 | $234,000 (-10.0%) | $311,314 (-2.8%) | 0.63 | 470 |
2022-02-01 | $261,950 (-2.0%) | $336,308 (4.1%) | 0.68 | 414 |
2022-03-01 | $262,450 (-5.9%) | $337,825 (1.3%) | 0.66 | 434 |
2022-04-01 | $289,900 (5.7%) | $343,406 (0.4%) | 0.69 | 492 |
2022-05-01 | $277,450 (-0.6%) | $344,302 (0.9%) | 0.63 | 565 |
2022-06-01 | $292,450 (21.9%) | $355,216 (13.7%) | 0.65 | 641 |
2022-07-01 | $296,605 (23.6%) | $363,585 (19.5%) | 0.67 | 678 |
2022-08-01 | $312,448 (30.2%) | $367,056 (19.0%) | 0.72 | 682 |
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 | $309,475 (23.8%) | $367,658 (12.4%) | 0.74 | 706 |
2022-12-01 | $300,000 (21.3%) | $363,491 (14.7%) | 0.74 | 632 |
2023-01-01 | $319,998 (36.8%) | $380,017 (22.1%) | 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 (19.9%) | 0.81 | 505 |
2023-04-01 | $319,990 (10.4%) | $389,345 (13.4%) | 0.74 | 473 |
2023-05-01 | $320,550 (15.5%) | $393,588 (14.3%) | 0.73 | 503 |
2023-06-01 | $324,500 (11.0%) | $397,203 (11.8%) | 0.73 | 510 |
2023-07-01 | $332,350 (12.1%) | $402,284 (10.6%) | 0.76 | 519 |
2023-08-01 | $337,225 (7.9%) | $405,813 (10.6%) | 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 |
Harrisburg's median listing price comes in at 76% of the national average.
Harrisburg's average listing price for 2023-10-01 was $403,593, a difference of $38,961 (10.7%) versus the prior year and $-8,250 versus the prior month.
For the 2023-10-01 period, Harrisburg had 647 MLS listings, a difference of 70 listings (12%) versus the prior month and -76 listings (-11%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Harrisburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 93 days | 1,800 sqft |
2018-02-01 | 88 days | 1,815 sqft |
2018-03-01 | 72 days | 1,846 sqft |
2018-04-01 | 60 days | 1,833 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 | 1,943 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 | 1,902 sqft |
2019-03-01 | 61 days | 1,907 sqft |
2019-04-01 | 42 days | 1,936 sqft |
2019-05-01 | 42 days | 2,018 sqft |
2019-06-01 | 47 days | 2,029 sqft |
2019-07-01 | 54 days | 2,075 sqft |
2019-08-01 | 54 days | 2,068 sqft |
2019-09-01 | 54 days | 2,095 sqft |
2019-10-01 | 56 days | 2,114 sqft |
2019-11-01 | 60 days | 2,105 sqft |
2019-12-01 | 74 days | 2,100 sqft |
2020-01-01 | 86 days | 2,095 sqft |
2020-02-01 | 72 days | 2,100 sqft |
2020-03-01 | 50 days | 2,133 sqft |
2020-04-01 | 64 days | 2,102 sqft |
2020-05-01 | 66 days | 2,132 sqft |
2020-06-01 | 37 days | 2,118 sqft |
2020-07-01 | 35 days | 2,111 sqft |
2020-08-01 | 32 days | 2,117 sqft |
2020-09-01 | 36 days | 2,079 sqft |
2020-10-01 | 50 days | 2,084 sqft |
2020-11-01 | 51 days | 2,067 sqft |
2020-12-01 | 54 days | 2,058 sqft |
2021-01-01 | 65 days | 2,063 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 | 1,829 sqft |
2021-12-01 | 51 days | 1,822 sqft |
2022-01-01 | 52 days | 1,829 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 | 1,918 sqft |
2022-07-01 | 38 days | 1,935 sqft |
2022-08-01 | 39 days | 1,954 sqft |
2022-09-01 | 43 days | 1,937 sqft |
2022-10-01 | 44 days | 1,950 sqft |
2022-11-01 | 47 days | 1,960 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 | 2,010 sqft |
2023-05-01 | 35 days | 1,990 sqft |
2023-06-01 | 38 days | 1,993 sqft |
2023-07-01 | 38 days | 2,031 sqft |
2023-08-01 | 34 days | 2,038 sqft |
2023-09-01 | 37 days | 2,048 sqft |
2023-10-01 | 36 days | 1,978 sqft |
Harrisburg's median square footage for active listings during the 2023-10-01 period was 1,978 sqft. One year prior, the average listing was 1,950 sqft.