Hattiesburg USDA Loan Rates, Closing Costs & Stats
HATTIESBURG, MS
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.
Hattiesburg's 30 lenders originated 80 USDA loans during 2023. The total origination value was $15,740,000, with an average USDA loan value of $196,750.
Hattiesburg USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Hattiesburg
averaged
0.15%
for the week of 2024-11-29, compared to the national average (all USDA variants) of
0% for the same period.
Hattiesburg's average USDA mortgage closing costs are $4,916.
The average rate for the prior week (2024-11-22) was
6.55% and
one month ago for the week of 2024-10-25, the
average rate was 6.25%.
The average rate one year ago was 7.15%.
For refis of the same type during the week of 2024-11-29, the average rate
was -0.04%.
Hattiesburg 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 Hattiesburg level.
The top Hattiesburg USDA lender as defined by loan originations is Trustmark National Bank, with
6 USDA loans originated. Their average total fees are
$6,323, which is $2,649
lower than the next largest lender,
Merchants & Marine Bank.
The lowest fee Hattiesburg USDA lenders (with over 10 loans originated) are
.
The lowest rate Hattiesburg USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Hattiesburg (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 | $194,500 (11.2%) | $258,451 (12.1%) | 0.72 | 540 |
2018-02-01 | $198,000 (13.2%) | $264,700 (10.3%) | 0.72 | 536 |
2018-03-01 | $204,900 (14.2%) | $272,139 (8.7%) | 0.72 | 567 |
2018-04-01 | $209,750 (15.1%) | $276,093 (6.3%) | 0.71 | 600 |
2018-05-01 | $219,000 (22.0%) | $281,836 (7.9%) | 0.73 | 593 |
2018-06-01 | $219,000 (20.0%) | $281,976 (8.6%) | 0.73 | 621 |
2018-07-01 | $214,900 (13.2%) | $279,985 (10.9%) | 0.72 | 646 |
2018-08-01 | $206,875 (11.8%) | $272,457 (9.2%) | 0.69 | 622 |
2018-09-01 | $199,500 (6.1%) | $262,253 (3.6%) | 0.67 | 613 |
2018-10-01 | $199,500 (3.9%) | $259,391 (0.5%) | 0.68 | 599 |
2018-11-01 | $189,950 (0.8%) | $259,480 (3.5%) | 0.64 | 579 |
2018-12-01 | $195,000 (2.6%) | $259,916 (1.3%) | 0.67 | 552 |
2019-01-01 | $195,000 (0.3%) | $258,478 (0.0%) | 0.67 | 527 |
2019-02-01 | $199,445 (0.7%) | $266,038 (0.5%) | 0.67 | 517 |
2019-03-01 | $196,143 (-4.3%) | $267,957 (-1.5%) | 0.64 | 531 |
2019-04-01 | $195,143 (-7.0%) | $269,573 (-2.4%) | 0.62 | 540 |
2019-05-01 | $196,600 (-10.2%) | $274,309 (-2.7%) | 0.61 | 515 |
2019-06-01 | $199,900 (-8.7%) | $276,538 (-1.9%) | 0.62 | 534 |
2019-07-01 | $209,900 (-2.3%) | $276,293 (-1.3%) | 0.66 | 558 |
2019-08-01 | $195,536 (-5.5%) | $269,001 (-1.3%) | 0.62 | 564 |
2019-09-01 | $188,991 (-5.3%) | $259,839 (-0.9%) | 0.60 | 556 |
2019-10-01 | $184,225 (-7.7%) | $253,295 (-2.4%) | 0.59 | 546 |
2019-11-01 | $185,900 (-2.1%) | $249,271 (-3.9%) | 0.61 | 532 |
2019-12-01 | $192,700 (-1.2%) | $251,445 (-3.3%) | 0.64 | 497 |
2020-01-01 | $190,200 (-2.5%) | $250,463 (-3.1%) | 0.64 | 466 |
2020-02-01 | $194,900 (-2.3%) | $253,245 (-4.8%) | 0.64 | 466 |
2020-03-01 | $198,725 (1.3%) | $257,156 (-4.0%) | 0.62 | 430 |
2020-04-01 | $198,125 (1.5%) | $260,083 (-3.5%) | 0.62 | 440 |
2020-05-01 | $214,750 (9.2%) | $274,360 (0.0%) | 0.65 | 390 |
2020-06-01 | $219,900 (10.0%) | $276,264 (-0.1%) | 0.65 | 378 |
2020-07-01 | $237,450 (13.1%) | $282,931 (2.4%) | 0.69 | 342 |
2020-08-01 | $254,950 (30.4%) | $299,200 (11.2%) | 0.73 | 307 |
2020-09-01 | $249,925 (32.2%) | $301,290 (16.0%) | 0.72 | 315 |
2020-10-01 | $237,000 (28.7%) | $311,821 (23.1%) | 0.68 | 322 |
2020-11-01 | $233,875 (25.8%) | $321,232 (28.9%) | 0.68 | 303 |
2020-12-01 | $234,475 (21.7%) | $334,726 (33.1%) | 0.70 | 276 |
2021-01-01 | $229,700 (20.8%) | $343,165 (37.0%) | 0.69 | 245 |
2021-02-01 | $230,000 (18.0%) | $346,881 (37.0%) | 0.67 | 230 |
2021-03-01 | $239,575 (20.6%) | $355,631 (38.3%) | 0.68 | 220 |
2021-04-01 | $247,250 (24.8%) | $383,790 (47.6%) | 0.67 | 195 |
2021-05-01 | $269,000 (25.3%) | $410,176 (49.5%) | 0.71 | 199 |
2021-06-01 | $270,950 (23.2%) | $429,289 (55.4%) | 0.71 | 181 |
2021-07-01 | $239,250 (0.8%) | $379,301 (34.1%) | 0.63 | 211 |
2021-08-01 | $235,000 (-7.8%) | $347,586 (16.2%) | 0.63 | 246 |
2021-09-01 | $235,875 (-5.6%) | $343,562 (14.0%) | 0.63 | 243 |
2021-10-01 | $224,900 (-5.1%) | $322,730 (3.5%) | 0.60 | 238 |
2021-11-01 | $222,975 (-4.7%) | $312,363 (-2.8%) | 0.60 | 237 |
2021-12-01 | $206,650 (-11.9%) | $310,792 (-7.2%) | 0.56 | 217 |
2022-01-01 | $226,450 (-1.4%) | $349,794 (1.9%) | 0.61 | 177 |
2022-02-01 | $238,653 (3.8%) | $393,242 (13.4%) | 0.62 | 145 |
2022-03-01 | $248,500 (3.7%) | $389,513 (9.5%) | 0.62 | 150 |
2022-04-01 | $293,250 (18.6%) | $406,989 (6.0%) | 0.70 | 150 |
2022-05-01 | $300,400 (11.7%) | $412,085 (0.5%) | 0.69 | 196 |
2022-06-01 | $299,050 (10.4%) | $395,672 (-7.8%) | 0.67 | 224 |
2022-07-01 | $295,000 (23.3%) | $364,514 (-3.9%) | 0.66 | 277 |
2022-08-01 | $279,600 (19.0%) | $330,691 (-4.9%) | 0.65 | 296 |
2022-09-01 | $279,900 (18.7%) | $340,706 (-0.8%) | 0.65 | 276 |
2022-10-01 | $298,500 (32.7%) | $350,801 (8.7%) | 0.70 | 280 |
2022-11-01 | $290,100 (30.1%) | $346,915 (11.1%) | 0.70 | 283 |
2022-12-01 | $279,150 (35.1%) | $344,616 (10.9%) | 0.69 | 303 |
2023-01-01 | $282,000 (24.5%) | $339,762 (-2.9%) | 0.70 | 287 |
2023-02-01 | $298,550 (25.1%) | $367,587 (-6.5%) | 0.72 | 270 |
2023-03-01 | $297,125 (19.6%) | $354,292 (-9.0%) | 0.70 | 250 |
2023-04-01 | $290,000 (-1.1%) | $358,125 (-12.0%) | 0.67 | 263 |
2023-05-01 | $289,950 (-3.5%) | $369,034 (-10.5%) | 0.66 | 262 |
2023-06-01 | $297,950 (-0.4%) | $368,712 (-6.8%) | 0.67 | 293 |
2023-07-01 | $295,000 (0.0%) | $365,509 (0.3%) | 0.67 | 311 |
2023-08-01 | $296,250 (6.0%) | $367,129 (11.0%) | 0.68 | 303 |
2023-09-01 | $289,000 (3.3%) | $353,869 (3.9%) | 0.67 | 322 |
2023-10-01 | $285,000 (-4.5%) | $353,560 (0.8%) | 0.67 | 339 |
2023-11-01 | $281,500 (-3.0%) | $372,109 (7.3%) | 0.67 | 362 |
2023-12-01 | $274,900 (-1.5%) | $376,550 (9.3%) | 0.67 | 363 |
2024-01-01 | $282,300 (0.1%) | $384,101 (13.1%) | 0.69 | 359 |
2024-02-01 | $289,750 (-3.0%) | $383,523 (4.3%) | 0.70 | 357 |
2024-03-01 | $298,000 (0.3%) | $399,070 (12.6%) | 0.70 | 353 |
2024-04-01 | $314,950 (8.6%) | $394,380 (10.1%) | 0.73 | 382 |
2024-05-01 | $300,725 (3.7%) | $379,212 (2.8%) | 0.68 | 416 |
2024-06-01 | $307,000 (3.0%) | $378,891 (2.8%) | 0.69 | 425 |
2024-07-01 | $309,375 (4.9%) | $386,866 (5.8%) | 0.71 | 431 |
2024-08-01 | $308,250 (4.1%) | $391,044 (6.5%) | 0.72 | 471 |
2024-09-01 | $309,250 (7.0%) | $403,176 (13.9%) | 0.73 | 487 |
2024-10-01 | $302,250 (6.1%) | $396,870 (12.3%) | 0.71 | 491 |
Hattiesburg's median listing price comes in at 71% of the national average.
Hattiesburg's average listing price for 2024-10-01 was $396,870, a difference of $43,310 (12.3%) versus the prior year and $-6,306 versus the prior month.
For the 2024-10-01 period, Hattiesburg had 491 MLS listings, a difference of 4 listings (1%) versus the prior month and 152 listings (45%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Hattiesburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 95 days | 2,003 sqft |
2018-02-01 | 88 days | 2,024 sqft |
2018-03-01 | 61 days | 2,107 sqft |
2018-04-01 | 59 days | 2,138 sqft |
2018-05-01 | 68 days | 2,172 sqft |
2018-06-01 | 72 days | 2,200 sqft |
2018-07-01 | 71 days | 2,155 sqft |
2018-08-01 | 75 days | 2,129 sqft |
2018-09-01 | 78 days | 2,097 sqft |
2018-10-01 | 81 days | 2,071 sqft |
2018-11-01 | 83 days | 2,075 sqft |
2018-12-01 | 95 days | 2,072 sqft |
2019-01-01 | 92 days | 2,036 sqft |
2019-02-01 | 91 days | 2,027 sqft |
2019-03-01 | 73 days | 2,069 sqft |
2019-04-01 | 61 days | 2,107 sqft |
2019-05-01 | 62 days | 2,137 sqft |
2019-06-01 | 64 days | 2,160 sqft |
2019-07-01 | 66 days | 2,182 sqft |
2019-08-01 | 68 days | 2,156 sqft |
2019-09-01 | 68 days | 2,091 sqft |
2019-10-01 | 71 days | 2,044 sqft |
2019-11-01 | 75 days | 2,016 sqft |
2019-12-01 | 81 days | 1,999 sqft |
2020-01-01 | 80 days | 2,000 sqft |
2020-02-01 | 78 days | 1,977 sqft |
2020-03-01 | 62 days | 2,008 sqft |
2020-04-01 | 64 days | 1,996 sqft |
2020-05-01 | 67 days | 2,076 sqft |
2020-06-01 | 68 days | 2,143 sqft |
2020-07-01 | 64 days | 2,135 sqft |
2020-08-01 | 57 days | 2,265 sqft |
2020-09-01 | 56 days | 2,206 sqft |
2020-10-01 | 52 days | 2,141 sqft |
2020-11-01 | 59 days | 2,174 sqft |
2020-12-01 | 66 days | 2,110 sqft |
2021-01-01 | 69 days | 2,089 sqft |
2021-02-01 | 54 days | 2,090 sqft |
2021-03-01 | 46 days | 2,076 sqft |
2021-04-01 | 44 days | 2,212 sqft |
2021-05-01 | 43 days | 2,256 sqft |
2021-06-01 | 44 days | 2,303 sqft |
2021-07-01 | 37 days | 2,100 sqft |
2021-08-01 | 37 days | 2,019 sqft |
2021-09-01 | 45 days | 1,969 sqft |
2021-10-01 | 50 days | 1,910 sqft |
2021-11-01 | 55 days | 1,910 sqft |
2021-12-01 | 60 days | 1,795 sqft |
2022-01-01 | 64 days | 1,852 sqft |
2022-02-01 | 62 days | 2,048 sqft |
2022-03-01 | 33 days | 2,148 sqft |
2022-04-01 | 35 days | 2,200 sqft |
2022-05-01 | 25 days | 2,171 sqft |
2022-06-01 | 32 days | 2,170 sqft |
2022-07-01 | 34 days | 2,151 sqft |
2022-08-01 | 48 days | 2,097 sqft |
2022-09-01 | 58 days | 2,232 sqft |
2022-10-01 | 58 days | 2,276 sqft |
2022-11-01 | 62 days | 2,175 sqft |
2022-12-01 | 64 days | 2,103 sqft |
2023-01-01 | 65 days | 2,142 sqft |
2023-02-01 | 66 days | 2,186 sqft |
2023-03-01 | 53 days | 2,156 sqft |
2023-04-01 | 46 days | 2,100 sqft |
2023-05-01 | 44 days | 2,078 sqft |
2023-06-01 | 41 days | 2,061 sqft |
2023-07-01 | 50 days | 2,056 sqft |
2023-08-01 | 58 days | 2,091 sqft |
2023-09-01 | 51 days | 2,005 sqft |
2023-10-01 | 52 days | 2,002 sqft |
2023-11-01 | 56 days | 2,004 sqft |
2023-12-01 | 61 days | 1,913 sqft |
2024-01-01 | 67 days | 1,911 sqft |
2024-02-01 | 63 days | 1,980 sqft |
2024-03-01 | 49 days | 2,040 sqft |
2024-04-01 | 46 days | 2,147 sqft |
2024-05-01 | 43 days | 2,101 sqft |
2024-06-01 | 54 days | 2,040 sqft |
2024-07-01 | 58 days | 2,054 sqft |
2024-08-01 | 58 days | 2,074 sqft |
2024-09-01 | 63 days | 2,113 sqft |
2024-10-01 | 68 days | 2,065 sqft |
Hattiesburg's median square footage for active listings during the 2024-10-01 period was 2,065 sqft. One year prior, the average listing was 2,002 sqft.