Hudson USDA Loan Rates, Closing Costs & Stats

Hudson, NY

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.

Hudson's 3 lenders originated 9 USDA loans during 2022. The total origination value was $2,035,000, with an average USDA loan value of $226,111.

Hudson USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Hudson averaged 6.07% for the week of 2024-03-01, compared to the national average (all USDA variants) of 6.729% for the same period.

Hudson's average USDA mortgage closing costs are $4,125.

The average rate for the prior week (2024-02-23) was 6.22% and one month ago for the week of 2024-01-26, the average rate was 6.08%.

The average rate one year ago was 5.74%.

For refis of the same type during the week of 2024-03-01, the average rate was 5.6%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Hudson 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 Hudson level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
HOMESTEAD FUNDING CORP. 7 4.48% $4,357
GUARANTEED RATE, INC. 1 5.63% $7,622
HOME POINT FINANCIAL CORPORATION 1 3.75% $10,195

The top Hudson USDA lender as defined by loan originations is HOMESTEAD FUNDING CORP., with 7 USDA loans originated. Their average total fees are $4,357, which is $3,264 lower than the next largest lender, GUARANTEED RATE, INC..

The lowest fee Hudson USDA lenders (with over 10 loans originated) are .

The lowest rate Hudson USDA lenders (with over 10 loans originated) are .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Hudson (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 $352,250 (1.6%) $605,509 (5.8%) 0.00 587
2018-02-01 $352,000 (2.4%) $623,289 (14.2%) 0.00 583
2018-03-01 $359,900 (4.5%) $630,169 (16.3%) 0.00 577
2018-04-01 $362,975 (6.0%) $644,180 (15.9%) 0.00 595
2018-05-01 $376,250 (9.0%) $670,203 (19.4%) 0.00 639
2018-06-01 $389,000 (8.5%) $671,451 (16.6%) 0.00 718
2018-07-01 $395,000 (12.9%) $678,360 (13.8%) 0.00 777
2018-08-01 $395,000 (12.9%) $674,875 (12.4%) 0.00 784
2018-09-01 $395,000 (12.9%) $665,022 (11.6%) 0.00 761
2018-10-01 $389,900 (10.7%) $651,156 (8.0%) 0.00 756
2018-11-01 $379,800 (6.0%) $644,686 (6.5%) 0.00 740
2018-12-01 $379,700 (7.0%) $647,148 (5.4%) 0.00 663
2019-01-01 $389,225 (10.5%) $651,452 (7.6%) 0.00 611
2019-02-01 $377,450 (7.2%) $640,309 (2.7%) 0.00 604
2019-03-01 $369,543 (2.7%) $625,810 (-0.7%) 0.00 615
2019-04-01 $369,000 (1.7%) $613,582 (-4.8%) 0.00 635
2019-05-01 $374,425 (-0.5%) $608,987 (-9.1%) 0.00 689
2019-06-01 $380,000 (-2.3%) $632,222 (-5.8%) 0.00 744
2019-07-01 $392,000 (-0.8%) $633,840 (-6.6%) 0.00 773
2019-08-01 $395,000 (0.0%) $636,164 (-5.7%) 0.00 771
2019-09-01 $395,000 (0.0%) $641,848 (-3.5%) 0.00 751
2019-10-01 $395,000 (1.3%) $644,574 (-1.0%) 0.00 734
2019-11-01 $392,400 (3.3%) $638,316 (-1.0%) 0.00 678
2019-12-01 $394,950 (4.0%) $661,974 (2.3%) 0.00 601
2020-01-01 $389,450 (0.1%) $675,434 (3.7%) 0.00 538
2020-02-01 $399,000 (5.7%) $691,037 (7.9%) 0.00 523
2020-03-01 $425,000 (15.0%) $703,043 (12.3%) 0.00 526
2020-04-01 $427,000 (15.7%) $696,890 (13.6%) 0.00 520
2020-05-01 $449,000 (19.9%) $712,727 (17.0%) 0.00 497
2020-06-01 $497,000 (30.8%) $792,093 (25.3%) 0.00 500
2020-07-01 $499,200 (27.4%) $788,641 (24.4%) 0.00 505
2020-08-01 $525,000 (32.9%) $845,828 (33.0%) 0.00 480
2020-09-01 $499,000 (26.3%) $854,206 (33.1%) 0.00 503
2020-10-01 $495,000 (25.3%) $849,866 (31.9%) 0.00 525
2020-11-01 $499,000 (27.2%) $861,601 (35.0%) 0.00 488
2020-12-01 $500,000 (26.6%) $920,707 (39.1%) 0.00 443
2021-01-01 $525,000 (34.8%) $965,672 (43.0%) 0.00 396
2021-02-01 $562,500 (41.0%) $980,101 (41.8%) 0.00 360
2021-03-01 $559,991 (31.8%) $996,701 (41.8%) 0.00 334
2021-04-01 $575,000 (34.7%) $1,019,567 (46.3%) 0.00 319
2021-05-01 $560,000 (24.7%) $965,598 (35.5%) 0.00 327
2021-06-01 $544,225 (9.5%) $889,658 (12.3%) 0.00 352
2021-07-01 $499,450 (0.1%) $818,556 (3.8%) 0.00 320
2021-08-01 $495,000 (-5.7%) $814,920 (-3.7%) 0.00 326
2021-09-01 $495,000 (-0.8%) $809,490 (-5.2%) 0.00 310
2021-10-01 $499,000 (0.8%) $836,418 (-1.6%) 0.00 304
2021-11-01 $495,000 (-0.8%) $823,331 (-4.4%) 0.00 287
2021-12-01 $489,000 (-2.2%) $807,895 (-12.3%) 0.00 266
2022-01-01 $495,000 (-5.7%) $860,897 (-10.9%) 0.00 224
2022-02-01 $538,475 (-4.3%) $995,809 (1.6%) 0.00 175
2022-03-01 $562,000 (0.4%) $985,476 (-1.1%) 0.00 175
2022-04-01 $549,000 (-4.5%) $982,841 (-3.6%) 0.00 166
2022-05-01 $552,200 (-1.4%) $928,247 (-3.9%) 0.00 192
2022-06-01 $593,150 (9.0%) $965,195 (8.5%) 0.00 238
2022-07-01 $596,850 (19.5%) $1,020,308 (24.7%) 0.00 288
2022-08-01 $599,500 (21.1%) $1,053,116 (29.2%) 0.00 274
2022-09-01 $586,000 (18.4%) $1,028,018 (27.0%) 0.00 287
2022-10-01 $599,900 (20.2%) $1,034,099 (23.6%) 0.00 288
2022-11-01 $641,250 (29.6%) $1,079,672 (31.1%) 0.00 267
2022-12-01 $599,900 (22.7%) $1,065,128 (31.8%) 0.00 235
2023-01-01 $587,250 (18.6%) $998,062 (15.9%) 0.00 201
2023-02-01 $639,950 (18.8%) $1,061,088 (6.6%) 0.00 191
2023-03-01 $599,000 (6.6%) $1,038,697 (5.4%) 0.00 193
2023-04-01 $665,000 (21.1%) $1,144,247 (16.4%) 0.00 199
2023-05-01 $749,000 (35.6%) $1,155,104 (24.4%) 0.00 217
2023-06-01 $795,000 (34.0%) $1,285,446 (33.2%) 0.00 236
2023-07-01 $739,999 (24.0%) $1,274,717 (24.9%) 0.00 264
2023-08-01 $670,750 (11.9%) $1,200,085 (14.0%) 0.00 301
2023-09-01 $664,500 (13.4%) $1,137,010 (10.6%) 0.00 315
2023-10-01 $675,000 (12.5%) $1,146,488 (10.9%) 0.00 325
2023-11-01 $638,000 (-0.5%) $1,153,554 (6.8%) 0.00 322
2023-12-01 $595,000 (-0.8%) $1,135,399 (6.6%) 0.00 286
2024-01-01 $595,000 (1.3%) $1,122,171 (12.4%) 0.00 233
Hudson's median listing price for 2024-01-01 was $595,000, a difference of $7,750 (1.3%) versus the prior year and $0 versus the prior month.

Hudson's median listing price comes in at 0% of the national average.

Hudson's average listing price for 2024-01-01 was $1,122,171, a difference of $124,109 (12.4%) versus the prior year and $-13,228 versus the prior month.

For the 2024-01-01 period, Hudson had 233 MLS listings, a difference of -53 listings (-19%) versus the prior month and 32 listings (16%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Hudson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,100 sqft
2018-02-01 0 days 2,073 sqft
2018-03-01 0 days 2,040 sqft
2018-04-01 0 days 2,076 sqft
2018-05-01 0 days 2,198 sqft
2018-06-01 0 days 2,214 sqft
2018-07-01 0 days 2,219 sqft
2018-08-01 0 days 2,203 sqft
2018-09-01 0 days 2,244 sqft
2018-10-01 0 days 2,243 sqft
2018-11-01 0 days 2,217 sqft
2018-12-01 0 days 2,202 sqft
2019-01-01 0 days 2,237 sqft
2019-02-01 0 days 2,205 sqft
2019-03-01 0 days 2,165 sqft
2019-04-01 0 days 2,125 sqft
2019-05-01 0 days 2,143 sqft
2019-06-01 0 days 2,145 sqft
2019-07-01 0 days 2,118 sqft
2019-08-01 0 days 2,123 sqft
2019-09-01 0 days 2,130 sqft
2019-10-01 0 days 2,143 sqft
2019-11-01 0 days 2,126 sqft
2019-12-01 0 days 2,145 sqft
2020-01-01 0 days 2,134 sqft
2020-02-01 0 days 2,164 sqft
2020-03-01 0 days 2,210 sqft
2020-04-01 0 days 2,227 sqft
2020-05-01 0 days 2,300 sqft
2020-06-01 0 days 2,349 sqft
2020-07-01 0 days 2,361 sqft
2020-08-01 0 days 2,400 sqft
2020-09-01 0 days 2,400 sqft
2020-10-01 0 days 2,300 sqft
2020-11-01 0 days 2,274 sqft
2020-12-01 0 days 2,345 sqft
2021-01-01 0 days 2,376 sqft
2021-02-01 0 days 2,365 sqft
2021-03-01 0 days 2,340 sqft
2021-04-01 0 days 2,345 sqft
2021-05-01 0 days 2,273 sqft
2021-06-01 0 days 2,240 sqft
2021-07-01 0 days 2,100 sqft
2021-08-01 0 days 2,082 sqft
2021-09-01 0 days 2,017 sqft
2021-10-01 0 days 2,080 sqft
2021-11-01 0 days 2,094 sqft
2021-12-01 0 days 2,114 sqft
2022-01-01 0 days 2,173 sqft
2022-02-01 0 days 2,181 sqft
2022-03-01 0 days 2,231 sqft
2022-04-01 0 days 2,240 sqft
2022-05-01 0 days 2,068 sqft
2022-06-01 0 days 2,076 sqft
2022-07-01 0 days 2,160 sqft
2022-08-01 0 days 2,133 sqft
2022-09-01 0 days 2,106 sqft
2022-10-01 0 days 2,112 sqft
2022-11-01 0 days 2,190 sqft
2022-12-01 0 days 2,150 sqft
2023-01-01 0 days 2,101 sqft
2023-02-01 0 days 2,147 sqft
2023-03-01 0 days 2,030 sqft
2023-04-01 0 days 2,100 sqft
2023-05-01 0 days 2,271 sqft
2023-06-01 0 days 2,315 sqft
2023-07-01 0 days 2,220 sqft
2023-08-01 0 days 2,209 sqft
2023-09-01 0 days 2,200 sqft
2023-10-01 0 days 2,229 sqft
2023-11-01 0 days 2,121 sqft
2023-12-01 0 days 2,135 sqft
2024-01-01 0 days 2,117 sqft
Hudson's median listing age (time on market) for 2024-01-01 was 0 days.

Hudson's median square footage for active listings during the 2024-01-01 period was 2,117 sqft. One year prior, the average listing was 2,101 sqft.