Hinesville USDA Loan Rates, Closing Costs & Stats
HINESVILLE, GA
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.
Hinesville's 7 lenders originated 8 USDA loans during 2023. The total origination value was $2,590,000, with an average USDA loan value of $323,750.
Hinesville USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Hinesville
averaged
6.64%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Hinesville's average USDA mortgage closing costs are $5,261.
The average rate for the prior week (2024-04-12) was
6.49% and
one month ago for the week of 2024-03-15, the
average rate was 6.58%.
The average rate one year ago was 6.12%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.54%.
Hinesville 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 Hinesville level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Ameris Bank | 1 | 6.50% | $8,192 |
| BROKER SOLUTIONS, INC. | 1 | 6.25% | $8,221 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 7.13% | $7,224 |
| GUARANTEED RATE, INC. | 1 | 6.75% | $9,593 |
| GUILD MORTGAGE COMPANY | 1 | 7.13% | $7,157 |
| SWBC MORTGAGE CORPORATION | 1 | 6.75% | $4,746 |
| TOWNE MORTGAGE COMPANY | 1 | 7.00% | $13,028 |
The top Hinesville USDA lender as defined by loan originations is Ameris Bank, with
1 USDA loans originated. Their average total fees are
$8,192, which is $29
lower than the next largest lender,
BROKER SOLUTIONS, INC..
The lowest fee Hinesville USDA lenders (with over 10 loans originated) are
.
The lowest rate Hinesville USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Hinesville (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 | $162,500 (8.4%) | $181,264 (13.2%) | 0.00 | 419 |
| 2018-02-01 | $160,000 (5.9%) | $174,249 (6.0%) | 0.00 | 433 |
| 2018-03-01 | $164,900 (7.3%) | $174,040 (4.6%) | 0.00 | 478 |
| 2018-04-01 | $164,900 (6.5%) | $174,739 (5.5%) | 0.00 | 481 |
| 2018-05-01 | $162,400 (3.9%) | $174,558 (4.4%) | 0.00 | 482 |
| 2018-06-01 | $164,500 (5.8%) | $178,160 (5.5%) | 0.00 | 468 |
| 2018-07-01 | $169,900 (6.2%) | $197,012 (13.7%) | 0.00 | 506 |
| 2018-08-01 | $169,275 (4.2%) | $197,850 (12.4%) | 0.00 | 489 |
| 2018-09-01 | $170,000 (6.3%) | $199,431 (10.8%) | 0.00 | 490 |
| 2018-10-01 | $172,000 (8.4%) | $201,864 (13.6%) | 0.00 | 500 |
| 2018-11-01 | $174,425 (7.7%) | $204,500 (13.2%) | 0.00 | 481 |
| 2018-12-01 | $167,775 (2.3%) | $200,260 (9.8%) | 0.00 | 491 |
| 2019-01-01 | $168,673 (3.8%) | $200,367 (10.5%) | 0.00 | 488 |
| 2019-02-01 | $165,998 (3.8%) | $198,046 (13.7%) | 0.00 | 499 |
| 2019-03-01 | $166,811 (1.2%) | $196,720 (13.0%) | 0.00 | 494 |
| 2019-04-01 | $165,189 (0.2%) | $195,033 (11.6%) | 0.00 | 487 |
| 2019-05-01 | $165,700 (2.0%) | $196,022 (12.3%) | 0.00 | 487 |
| 2019-06-01 | $163,450 (-0.6%) | $193,785 (8.8%) | 0.00 | 482 |
| 2019-07-01 | $159,945 (-5.9%) | $190,992 (-3.1%) | 0.00 | 478 |
| 2019-08-01 | $160,282 (-5.3%) | $191,034 (-3.5%) | 0.00 | 463 |
| 2019-09-01 | $160,855 (-5.4%) | $193,567 (-2.9%) | 0.00 | 451 |
| 2019-10-01 | $163,100 (-5.2%) | $195,430 (-3.2%) | 0.00 | 444 |
| 2019-11-01 | $170,925 (-2.0%) | $204,397 (-0.1%) | 0.00 | 452 |
| 2019-12-01 | $173,825 (3.6%) | $204,796 (2.3%) | 0.00 | 455 |
| 2020-01-01 | $177,381 (5.2%) | $208,115 (3.9%) | 0.00 | 426 |
| 2020-02-01 | $181,325 (9.2%) | $215,837 (9.0%) | 0.00 | 418 |
| 2020-03-01 | $179,933 (7.9%) | $218,075 (10.9%) | 0.00 | 417 |
| 2020-04-01 | $183,475 (11.1%) | $219,891 (12.8%) | 0.00 | 397 |
| 2020-05-01 | $185,813 (12.1%) | $222,132 (13.3%) | 0.00 | 361 |
| 2020-06-01 | $184,728 (13.0%) | $223,317 (15.2%) | 0.00 | 320 |
| 2020-07-01 | $188,875 (18.1%) | $210,002 (10.0%) | 0.00 | 320 |
| 2020-08-01 | $189,900 (18.5%) | $210,270 (10.1%) | 0.00 | 290 |
| 2020-09-01 | $189,950 (18.1%) | $212,323 (9.7%) | 0.00 | 269 |
| 2020-10-01 | $193,990 (18.9%) | $212,363 (8.7%) | 0.00 | 246 |
| 2020-11-01 | $195,348 (14.3%) | $210,465 (3.0%) | 0.00 | 252 |
| 2020-12-01 | $198,350 (14.1%) | $211,618 (3.3%) | 0.00 | 251 |
| 2021-01-01 | $199,691 (12.6%) | $213,276 (2.5%) | 0.00 | 250 |
| 2021-02-01 | $210,448 (16.1%) | $223,265 (3.4%) | 0.00 | 237 |
| 2021-03-01 | $207,400 (15.3%) | $234,052 (7.3%) | 0.00 | 176 |
| 2021-04-01 | $234,700 (27.9%) | $268,794 (22.2%) | 0.00 | 147 |
| 2021-05-01 | $239,500 (28.9%) | $269,099 (21.1%) | 0.00 | 141 |
| 2021-06-01 | $239,694 (29.8%) | $268,092 (20.1%) | 0.00 | 140 |
| 2021-07-01 | $240,050 (27.1%) | $269,767 (28.5%) | 0.00 | 138 |
| 2021-08-01 | $249,972 (31.6%) | $268,338 (27.6%) | 0.00 | 141 |
| 2021-09-01 | $248,236 (30.7%) | $281,722 (32.7%) | 0.00 | 140 |
| 2021-10-01 | $250,000 (28.9%) | $281,962 (32.8%) | 0.00 | 169 |
| 2021-11-01 | $254,190 (30.1%) | $289,125 (37.4%) | 0.00 | 140 |
| 2021-12-01 | $285,837 (44.1%) | $309,034 (46.0%) | 0.00 | 149 |
| 2022-01-01 | $275,837 (38.1%) | $296,249 (38.9%) | 0.00 | 112 |
| 2022-02-01 | $274,057 (30.2%) | $301,774 (35.2%) | 0.00 | 84 |
| 2022-03-01 | $281,788 (35.9%) | $298,385 (27.5%) | 0.00 | 104 |
| 2022-04-01 | $267,940 (14.2%) | $295,255 (9.8%) | 0.00 | 113 |
| 2022-05-01 | $275,749 (15.1%) | $291,287 (8.3%) | 0.00 | 179 |
| 2022-06-01 | $275,448 (14.9%) | $295,823 (10.3%) | 0.00 | 214 |
| 2022-07-01 | $275,995 (15.0%) | $299,840 (11.2%) | 0.00 | 223 |
| 2022-08-01 | $270,371 (8.2%) | $290,352 (8.2%) | 0.00 | 245 |
| 2022-09-01 | $271,500 (9.4%) | $291,408 (3.4%) | 0.00 | 234 |
| 2022-10-01 | $268,100 (7.2%) | $286,921 (1.8%) | 0.00 | 247 |
| 2022-11-01 | $268,431 (5.6%) | $292,389 (1.1%) | 0.00 | 260 |
| 2022-12-01 | $268,300 (-6.1%) | $289,853 (-6.2%) | 0.00 | 267 |
| 2023-01-01 | $268,838 (-2.5%) | $290,867 (-1.8%) | 0.00 | 254 |
| 2023-02-01 | $271,125 (-1.1%) | $296,468 (-1.8%) | 0.00 | 254 |
| 2023-03-01 | $270,125 (-4.1%) | $296,931 (-0.5%) | 0.00 | 249 |
| 2023-04-01 | $274,900 (2.6%) | $300,145 (1.7%) | 0.00 | 228 |
| 2023-05-01 | $277,350 (0.6%) | $305,715 (5.0%) | 0.00 | 228 |
| 2023-06-01 | $279,813 (1.6%) | $306,278 (3.5%) | 0.00 | 228 |
| 2023-07-01 | $282,900 (2.5%) | $314,750 (5.0%) | 0.00 | 240 |
| 2023-08-01 | $279,813 (3.5%) | $302,517 (4.2%) | 0.00 | 260 |
| 2023-09-01 | $283,525 (4.4%) | $305,964 (5.0%) | 0.00 | 325 |
| 2023-10-01 | $285,180 (6.4%) | $309,721 (8.0%) | 0.00 | 360 |
| 2023-11-01 | $284,975 (6.2%) | $311,332 (6.5%) | 0.00 | 379 |
| 2023-12-01 | $283,663 (5.7%) | $315,886 (9.0%) | 0.00 | 369 |
| 2024-01-01 | $279,999 (4.2%) | $315,941 (8.6%) | 0.00 | 357 |
| 2024-02-01 | $277,500 (2.4%) | $309,770 (4.5%) | 0.00 | 370 |
| 2024-03-01 | $282,000 (4.4%) | $311,839 (5.0%) | 0.00 | 339 |
Hinesville's median listing price comes in at 0% of the national average.
Hinesville's average listing price for 2024-03-01 was $311,839, a difference of $14,908 (5.0%) versus the prior year and $2,069 versus the prior month.
For the 2024-03-01 period, Hinesville had 339 MLS listings, a difference of -31 listings (-8%) versus the prior month and 90 listings (36%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Hinesville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,761 sqft |
| 2018-02-01 | 0 days | 1,729 sqft |
| 2018-03-01 | 0 days | 1,768 sqft |
| 2018-04-01 | 0 days | 1,755 sqft |
| 2018-05-01 | 0 days | 1,713 sqft |
| 2018-06-01 | 0 days | 1,749 sqft |
| 2018-07-01 | 0 days | 1,797 sqft |
| 2018-08-01 | 0 days | 1,801 sqft |
| 2018-09-01 | 0 days | 1,848 sqft |
| 2018-10-01 | 0 days | 1,872 sqft |
| 2018-11-01 | 0 days | 1,900 sqft |
| 2018-12-01 | 0 days | 1,862 sqft |
| 2019-01-01 | 0 days | 1,852 sqft |
| 2019-02-01 | 0 days | 1,807 sqft |
| 2019-03-01 | 0 days | 1,810 sqft |
| 2019-04-01 | 0 days | 1,802 sqft |
| 2019-05-01 | 0 days | 1,801 sqft |
| 2019-06-01 | 0 days | 1,792 sqft |
| 2019-07-01 | 0 days | 1,681 sqft |
| 2019-08-01 | 0 days | 1,702 sqft |
| 2019-09-01 | 0 days | 1,743 sqft |
| 2019-10-01 | 0 days | 1,774 sqft |
| 2019-11-01 | 0 days | 1,799 sqft |
| 2019-12-01 | 0 days | 1,801 sqft |
| 2020-01-01 | 0 days | 1,796 sqft |
| 2020-02-01 | 0 days | 1,855 sqft |
| 2020-03-01 | 0 days | 1,827 sqft |
| 2020-04-01 | 0 days | 1,817 sqft |
| 2020-05-01 | 0 days | 1,894 sqft |
| 2020-06-01 | 0 days | 1,803 sqft |
| 2020-07-01 | 0 days | 1,860 sqft |
| 2020-08-01 | 0 days | 1,831 sqft |
| 2020-09-01 | 0 days | 1,874 sqft |
| 2020-10-01 | 0 days | 1,902 sqft |
| 2020-11-01 | 0 days | 1,874 sqft |
| 2020-12-01 | 0 days | 1,882 sqft |
| 2021-01-01 | 0 days | 1,866 sqft |
| 2021-02-01 | 0 days | 1,893 sqft |
| 2021-03-01 | 0 days | 1,822 sqft |
| 2021-04-01 | 0 days | 2,049 sqft |
| 2021-05-01 | 0 days | 2,030 sqft |
| 2021-06-01 | 0 days | 2,049 sqft |
| 2021-07-01 | 0 days | 2,002 sqft |
| 2021-08-01 | 0 days | 1,997 sqft |
| 2021-09-01 | 0 days | 1,958 sqft |
| 2021-10-01 | 0 days | 2,002 sqft |
| 2021-11-01 | 0 days | 1,981 sqft |
| 2021-12-01 | 0 days | 2,155 sqft |
| 2022-01-01 | 0 days | 2,133 sqft |
| 2022-02-01 | 0 days | 2,125 sqft |
| 2022-03-01 | 0 days | 1,987 sqft |
| 2022-04-01 | 0 days | 1,810 sqft |
| 2022-05-01 | 0 days | 1,918 sqft |
| 2022-06-01 | 0 days | 1,975 sqft |
| 2022-07-01 | 0 days | 1,971 sqft |
| 2022-08-01 | 0 days | 1,899 sqft |
| 2022-09-01 | 0 days | 1,891 sqft |
| 2022-10-01 | 0 days | 1,869 sqft |
| 2022-11-01 | 0 days | 1,928 sqft |
| 2022-12-01 | 0 days | 1,900 sqft |
| 2023-01-01 | 0 days | 1,866 sqft |
| 2023-02-01 | 0 days | 1,893 sqft |
| 2023-03-01 | 0 days | 1,868 sqft |
| 2023-04-01 | 0 days | 1,960 sqft |
| 2023-05-01 | 0 days | 1,929 sqft |
| 2023-06-01 | 0 days | 1,924 sqft |
| 2023-07-01 | 0 days | 1,937 sqft |
| 2023-08-01 | 0 days | 1,929 sqft |
| 2023-09-01 | 0 days | 1,926 sqft |
| 2023-10-01 | 0 days | 1,925 sqft |
| 2023-11-01 | 0 days | 1,923 sqft |
| 2023-12-01 | 0 days | 1,925 sqft |
| 2024-01-01 | 0 days | 1,882 sqft |
| 2024-02-01 | 0 days | 1,836 sqft |
| 2024-03-01 | 0 days | 1,920 sqft |
Hinesville's median square footage for active listings during the 2024-03-01 period was 1,920 sqft. One year prior, the average listing was 1,868 sqft.