Henderson USDA Loan Rates, Closing Costs & Stats
Henderson, NC
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.
Henderson's 5 lenders originated 5 USDA loans during 2023. The total origination value was $1,055,000, with an average USDA loan value of $211,000.
Henderson USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Henderson
averaged
6.79%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Henderson's average USDA mortgage closing costs are $5,433.
The average rate for the prior week (2024-04-12) was
6.74% and
one month ago for the week of 2024-03-15, the
average rate was 6.72%.
The average rate one year ago was 6.36%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.96%.
Henderson 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 Henderson level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| BROKER SOLUTIONS, INC. | 1 | 6.63% | $4,062 |
| First Reliance Bank | 1 | 5.63% | $6,003 |
| MOVEMENT MORTGAGE, LLC | 1 | 6.50% | $6,330 |
| NEWREZ LLC | 1 | 6.75% | $5,383 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 6.62% | $6,824 |
The top Henderson USDA lender as defined by loan originations is BROKER SOLUTIONS, INC., with
1 USDA loans originated. Their average total fees are
$4,062, which is $1,940
lower than the next largest lender,
First Reliance Bank.
The lowest fee Henderson USDA lenders (with over 10 loans originated) are
.
The lowest rate Henderson USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Henderson (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 | $180,495 (40.3%) | $204,240 (17.4%) | 0.00 | 72 |
| 2018-02-01 | $173,993 (17.6%) | $204,679 (19.2%) | 0.00 | 71 |
| 2018-03-01 | $149,900 (-0.6%) | $195,859 (3.6%) | 0.00 | 78 |
| 2018-04-01 | $177,150 (18.1%) | $200,655 (4.7%) | 0.00 | 78 |
| 2018-05-01 | $159,925 (2.4%) | $190,599 (1.3%) | 0.00 | 77 |
| 2018-06-01 | $169,000 (5.8%) | $197,254 (0.2%) | 0.00 | 73 |
| 2018-07-01 | $170,700 (-0.8%) | $239,677 (17.1%) | 0.00 | 69 |
| 2018-08-01 | $159,675 (0.8%) | $236,310 (21.1%) | 0.00 | 65 |
| 2018-09-01 | $172,400 (6.4%) | $244,861 (24.5%) | 0.00 | 70 |
| 2018-10-01 | $184,200 (8.4%) | $255,563 (28.7%) | 0.00 | 70 |
| 2018-11-01 | $158,725 (-9.8%) | $239,134 (18.0%) | 0.00 | 78 |
| 2018-12-01 | $129,000 (-29.9%) | $201,560 (-3.1%) | 0.00 | 85 |
| 2019-01-01 | $116,500 (-35.5%) | $168,456 (-17.5%) | 0.00 | 78 |
| 2019-02-01 | $126,000 (-27.6%) | $170,822 (-16.5%) | 0.00 | 77 |
| 2019-03-01 | $136,621 (-8.9%) | $180,080 (-8.1%) | 0.00 | 72 |
| 2019-04-01 | $149,225 (-15.8%) | $186,502 (-7.1%) | 0.00 | 77 |
| 2019-05-01 | $149,475 (-6.5%) | $191,693 (0.6%) | 0.00 | 72 |
| 2019-06-01 | $197,000 (16.6%) | $217,856 (10.4%) | 0.00 | 57 |
| 2019-07-01 | $198,450 (16.3%) | $217,380 (-9.3%) | 0.00 | 56 |
| 2019-08-01 | $189,536 (18.7%) | $210,349 (-11.0%) | 0.00 | 57 |
| 2019-09-01 | $173,991 (0.9%) | $201,169 (-17.8%) | 0.00 | 60 |
| 2019-10-01 | $153,400 (-16.7%) | $190,604 (-25.4%) | 0.00 | 63 |
| 2019-11-01 | $159,000 (0.2%) | $185,432 (-22.5%) | 0.00 | 70 |
| 2019-12-01 | $150,448 (16.6%) | $177,770 (-11.8%) | 0.00 | 64 |
| 2020-01-01 | $179,000 (53.7%) | $214,664 (27.4%) | 0.00 | 46 |
| 2020-02-01 | $172,450 (36.9%) | $193,388 (13.2%) | 0.00 | 49 |
| 2020-03-01 | $153,750 (12.5%) | $185,814 (3.2%) | 0.00 | 55 |
| 2020-04-01 | $189,553 (27.0%) | $194,777 (4.4%) | 0.00 | 60 |
| 2020-05-01 | $189,990 (27.1%) | $195,948 (2.2%) | 0.00 | 57 |
| 2020-06-01 | $172,225 (-12.6%) | $203,796 (-6.5%) | 0.00 | 40 |
| 2020-07-01 | $197,933 (-0.3%) | $218,825 (0.7%) | 0.00 | 39 |
| 2020-08-01 | $235,000 (24.0%) | $271,041 (28.9%) | 0.00 | 34 |
| 2020-09-01 | $244,000 (40.2%) | $293,939 (46.1%) | 0.00 | 36 |
| 2020-10-01 | $161,500 (5.3%) | $276,897 (45.3%) | 0.00 | 35 |
| 2020-11-01 | $166,750 (4.9%) | $271,825 (46.6%) | 0.00 | 38 |
| 2020-12-01 | $159,250 (5.9%) | $226,227 (27.3%) | 0.00 | 33 |
| 2021-01-01 | $167,500 (-6.4%) | $241,832 (12.7%) | 0.00 | 28 |
| 2021-02-01 | $160,000 (-7.2%) | $222,386 (15.0%) | 0.00 | 27 |
| 2021-03-01 | $166,475 (8.3%) | $316,724 (70.5%) | 0.00 | 20 |
| 2021-04-01 | $229,725 (21.2%) | $339,516 (74.3%) | 0.00 | 22 |
| 2021-05-01 | $202,400 (6.5%) | $283,732 (44.8%) | 0.00 | 24 |
| 2021-06-01 | $212,250 (23.2%) | $292,077 (43.3%) | 0.00 | 25 |
| 2021-07-01 | $175,000 (-11.6%) | $289,244 (32.2%) | 0.00 | 32 |
| 2021-08-01 | $163,725 (-30.3%) | $262,568 (-3.1%) | 0.00 | 49 |
| 2021-09-01 | $165,000 (-32.4%) | $282,604 (-3.9%) | 0.00 | 48 |
| 2021-10-01 | $186,250 (15.3%) | $269,061 (-2.8%) | 0.00 | 40 |
| 2021-11-01 | $159,975 (-4.1%) | $226,142 (-16.8%) | 0.00 | 35 |
| 2021-12-01 | $160,000 (0.5%) | $264,610 (17.0%) | 0.00 | 31 |
| 2022-01-01 | $169,950 (1.5%) | $274,730 (13.6%) | 0.00 | 30 |
| 2022-02-01 | $158,450 (-1.0%) | $242,231 (8.9%) | 0.00 | 25 |
| 2022-03-01 | $268,475 (61.3%) | $319,880 (1.0%) | 0.00 | 26 |
| 2022-04-01 | $289,900 (26.2%) | $352,072 (3.7%) | 0.00 | 26 |
| 2022-05-01 | $270,000 (33.4%) | $328,350 (15.7%) | 0.00 | 34 |
| 2022-06-01 | $275,975 (30.0%) | $325,080 (11.3%) | 0.00 | 40 |
| 2022-07-01 | $282,200 (61.3%) | $327,973 (13.4%) | 0.00 | 49 |
| 2022-08-01 | $282,200 (72.4%) | $331,591 (26.3%) | 0.00 | 56 |
| 2022-09-01 | $277,000 (67.9%) | $320,670 (13.5%) | 0.00 | 54 |
| 2022-10-01 | $270,000 (45.0%) | $321,365 (19.4%) | 0.00 | 56 |
| 2022-11-01 | $258,675 (61.7%) | $305,042 (34.9%) | 0.00 | 55 |
| 2022-12-01 | $244,950 (53.1%) | $308,570 (16.6%) | 0.00 | 52 |
| 2023-01-01 | $275,000 (61.8%) | $312,858 (13.9%) | 0.00 | 48 |
| 2023-02-01 | $262,500 (65.7%) | $296,606 (22.5%) | 0.00 | 52 |
| 2023-03-01 | $299,450 (11.5%) | $341,061 (6.6%) | 0.00 | 52 |
| 2023-04-01 | $325,000 (12.1%) | $367,552 (4.4%) | 0.00 | 40 |
| 2023-05-01 | $325,000 (20.4%) | $371,692 (13.2%) | 0.00 | 40 |
| 2023-06-01 | $325,000 (17.8%) | $383,532 (18.0%) | 0.00 | 44 |
| 2023-07-01 | $315,000 (11.6%) | $386,841 (18.0%) | 0.00 | 48 |
| 2023-08-01 | $299,725 (6.2%) | $358,169 (8.0%) | 0.00 | 55 |
| 2023-09-01 | $299,500 (8.1%) | $351,961 (9.8%) | 0.00 | 55 |
| 2023-10-01 | $295,000 (9.3%) | $346,173 (7.7%) | 0.00 | 53 |
| 2023-11-01 | $289,000 (11.7%) | $323,289 (6.0%) | 0.00 | 53 |
| 2023-12-01 | $299,250 (22.2%) | $349,452 (13.3%) | 0.00 | 54 |
| 2024-01-01 | $282,300 (2.7%) | $328,231 (4.9%) | 0.00 | 54 |
| 2024-02-01 | $284,500 (8.4%) | $324,633 (9.5%) | 0.00 | 56 |
| 2024-03-01 | $304,900 (1.8%) | $337,181 (-1.1%) | 0.00 | 50 |
Henderson's median listing price comes in at 0% of the national average.
Henderson's average listing price for 2024-03-01 was $337,181, a difference of $-3,880 (-1.1%) versus the prior year and $12,548 versus the prior month.
For the 2024-03-01 period, Henderson had 50 MLS listings, a difference of -6 listings (-11%) versus the prior month and -2 listings (-4%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Henderson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,933 sqft |
| 2018-02-01 | 0 days | 1,897 sqft |
| 2018-03-01 | 0 days | 1,800 sqft |
| 2018-04-01 | 0 days | 1,782 sqft |
| 2018-05-01 | 0 days | 1,783 sqft |
| 2018-06-01 | 0 days | 1,805 sqft |
| 2018-07-01 | 0 days | 1,860 sqft |
| 2018-08-01 | 0 days | 1,808 sqft |
| 2018-09-01 | 0 days | 1,820 sqft |
| 2018-10-01 | 0 days | 1,819 sqft |
| 2018-11-01 | 0 days | 1,771 sqft |
| 2018-12-01 | 0 days | 1,532 sqft |
| 2019-01-01 | 0 days | 1,396 sqft |
| 2019-02-01 | 0 days | 1,511 sqft |
| 2019-03-01 | 0 days | 1,539 sqft |
| 2019-04-01 | 0 days | 1,575 sqft |
| 2019-05-01 | 0 days | 1,616 sqft |
| 2019-06-01 | 0 days | 1,760 sqft |
| 2019-07-01 | 0 days | 1,809 sqft |
| 2019-08-01 | 0 days | 1,782 sqft |
| 2019-09-01 | 0 days | 1,736 sqft |
| 2019-10-01 | 0 days | 1,673 sqft |
| 2019-11-01 | 0 days | 1,569 sqft |
| 2019-12-01 | 0 days | 1,469 sqft |
| 2020-01-01 | 0 days | 1,757 sqft |
| 2020-02-01 | 0 days | 1,813 sqft |
| 2020-03-01 | 0 days | 1,847 sqft |
| 2020-04-01 | 0 days | 1,922 sqft |
| 2020-05-01 | 0 days | 1,814 sqft |
| 2020-06-01 | 0 days | 1,810 sqft |
| 2020-07-01 | 0 days | 1,854 sqft |
| 2020-08-01 | 0 days | 1,854 sqft |
| 2020-09-01 | 0 days | 1,761 sqft |
| 2020-10-01 | 0 days | 1,850 sqft |
| 2020-11-01 | 0 days | 1,781 sqft |
| 2020-12-01 | 0 days | 1,641 sqft |
| 2021-01-01 | 0 days | 1,617 sqft |
| 2021-02-01 | 0 days | 1,544 sqft |
| 2021-03-01 | 0 days | 1,757 sqft |
| 2021-04-01 | 0 days | 2,022 sqft |
| 2021-05-01 | 0 days | 1,721 sqft |
| 2021-06-01 | 0 days | 1,794 sqft |
| 2021-07-01 | 0 days | 1,740 sqft |
| 2021-08-01 | 0 days | 1,576 sqft |
| 2021-09-01 | 0 days | 1,502 sqft |
| 2021-10-01 | 0 days | 1,456 sqft |
| 2021-11-01 | 0 days | 1,456 sqft |
| 2021-12-01 | 0 days | 1,608 sqft |
| 2022-01-01 | 0 days | 1,396 sqft |
| 2022-02-01 | 0 days | 1,307 sqft |
| 2022-03-01 | 0 days | 1,602 sqft |
| 2022-04-01 | 0 days | 1,665 sqft |
| 2022-05-01 | 0 days | 1,665 sqft |
| 2022-06-01 | 0 days | 1,672 sqft |
| 2022-07-01 | 0 days | 1,667 sqft |
| 2022-08-01 | 0 days | 1,736 sqft |
| 2022-09-01 | 0 days | 1,730 sqft |
| 2022-10-01 | 0 days | 1,660 sqft |
| 2022-11-01 | 0 days | 1,658 sqft |
| 2022-12-01 | 0 days | 1,568 sqft |
| 2023-01-01 | 0 days | 1,650 sqft |
| 2023-02-01 | 0 days | 1,669 sqft |
| 2023-03-01 | 0 days | 1,735 sqft |
| 2023-04-01 | 0 days | 1,738 sqft |
| 2023-05-01 | 0 days | 1,738 sqft |
| 2023-06-01 | 0 days | 1,751 sqft |
| 2023-07-01 | 0 days | 1,740 sqft |
| 2023-08-01 | 0 days | 1,738 sqft |
| 2023-09-01 | 0 days | 1,612 sqft |
| 2023-10-01 | 0 days | 1,717 sqft |
| 2023-11-01 | 0 days | 1,520 sqft |
| 2023-12-01 | 0 days | 1,618 sqft |
| 2024-01-01 | 0 days | 1,607 sqft |
| 2024-02-01 | 0 days | 1,610 sqft |
| 2024-03-01 | 0 days | 1,694 sqft |
Henderson's median square footage for active listings during the 2024-03-01 period was 1,694 sqft. One year prior, the average listing was 1,735 sqft.