Huntington USDA Loan Rates, Closing Costs & Stats
Huntington, IN
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.
Huntington's 17 lenders originated 33 USDA loans during 2023. The total origination value was $5,115,000, with an average USDA loan value of $155,000.
Huntington USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Huntington
averaged
7.13%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Huntington's average USDA mortgage closing costs are $3,218.
The average rate for the prior week (2024-04-12) was
6.68% and
one month ago for the week of 2024-03-15, the
average rate was 6.76%.
The average rate one year ago was 6.7%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.66%.
Huntington 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 Huntington level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| RUOFF MORTGAGE COMPANY, INC. | 9 | 7.08% | $2,430 |
| CARDINAL FINANCIAL | 3 | 6.75% | $5,697 |
| NEWREZ LLC | 3 | 6.83% | $4,060 |
| GVC MORTGAGE, INC. | 3 | 7.46% | $5,651 |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | 2 | 6.75% | $6,859 |
| Mortgage Research Center, LLC | 1 | 6.75% | $2,597 |
| POLARIS HOME FUNDING CORP. | 1 | 7.63% | $5,803 |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | 1 | 7.63% | $7,484 |
| STOCKTON MORTGAGE CORPORATION | 1 | 6.63% | $7,553 |
| THRIVE MORTGAGE, LLC | 1 | 7.50% | $4,280 |
| UNION HOME MORTGAGE CORP. | 1 | 6.63% | $4,514 |
| ACADEMY MORTGAGE CORPORATION | 1 | 6.13% | $7,951 |
| Union Savings Bank | 1 | 6.88% | $2,718 |
| CALIBER HOME LOANS, INC. | 1 | 6.75% | $5,889 |
| Citizens Bank | 1 | 7.25% | $6,821 |
| Fifth Third Bank | 1 | 5.75% | $4,575 |
| HALLMARK HOME MORTGAGE, LLC | 1 | 7.13% | $5,409 |
The top Huntington USDA lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with
9 USDA loans originated. Their average total fees are
$2,430, which is $3,267
lower than the next largest lender,
CARDINAL FINANCIAL.
The lowest fee Huntington USDA lenders (with over 10 loans originated) are
.
The lowest rate Huntington USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Huntington (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 | $126,500 (58.3%) | $155,011 (28.8%) | 0.00 | 99 |
| 2018-02-01 | $112,436 (39.5%) | $151,288 (24.4%) | 0.00 | 98 |
| 2018-03-01 | $122,900 (46.1%) | $159,286 (27.6%) | 0.00 | 89 |
| 2018-04-01 | $123,150 (46.8%) | $166,051 (24.3%) | 0.00 | 89 |
| 2018-05-01 | $127,400 (50.1%) | $166,958 (24.6%) | 0.00 | 100 |
| 2018-06-01 | $114,900 (26.9%) | $156,673 (12.2%) | 0.00 | 110 |
| 2018-07-01 | $99,925 (9.5%) | $153,923 (6.6%) | 0.00 | 100 |
| 2018-08-01 | $128,425 (22.4%) | $168,752 (8.8%) | 0.00 | 98 |
| 2018-09-01 | $126,650 (10.1%) | $158,270 (-8.3%) | 0.00 | 108 |
| 2018-10-01 | $104,900 (-17.8%) | $148,555 (-18.4%) | 0.00 | 106 |
| 2018-11-01 | $94,700 (-25.2%) | $144,791 (-15.1%) | 0.00 | 97 |
| 2018-12-01 | $92,700 (-22.7%) | $148,382 (-3.2%) | 0.00 | 96 |
| 2019-01-01 | $106,150 (-16.1%) | $156,390 (0.9%) | 0.00 | 99 |
| 2019-02-01 | $134,695 (19.8%) | $164,452 (8.7%) | 0.00 | 93 |
| 2019-03-01 | $152,149 (23.8%) | $166,835 (4.7%) | 0.00 | 91 |
| 2019-04-01 | $158,593 (28.8%) | $167,899 (1.1%) | 0.00 | 96 |
| 2019-05-01 | $151,970 (19.3%) | $160,589 (-3.8%) | 0.00 | 105 |
| 2019-06-01 | $149,900 (30.5%) | $166,946 (6.6%) | 0.00 | 105 |
| 2019-07-01 | $149,950 (50.1%) | $183,355 (19.1%) | 0.00 | 107 |
| 2019-08-01 | $146,982 (14.5%) | $175,055 (3.7%) | 0.00 | 119 |
| 2019-09-01 | $142,605 (12.6%) | $167,126 (5.6%) | 0.00 | 128 |
| 2019-10-01 | $138,300 (31.8%) | $158,603 (6.8%) | 0.00 | 132 |
| 2019-11-01 | $132,000 (39.4%) | $153,874 (6.3%) | 0.00 | 122 |
| 2019-12-01 | $116,225 (25.4%) | $140,328 (-5.4%) | 0.00 | 122 |
| 2020-01-01 | $122,475 (15.4%) | $138,331 (-11.6%) | 0.00 | 93 |
| 2020-02-01 | $89,950 (-33.2%) | $119,992 (-27.0%) | 0.00 | 81 |
| 2020-03-01 | $98,400 (-35.3%) | $127,088 (-23.8%) | 0.00 | 92 |
| 2020-04-01 | $107,975 (-31.9%) | $134,040 (-20.2%) | 0.00 | 98 |
| 2020-05-01 | $119,900 (-21.1%) | $140,412 (-12.6%) | 0.00 | 92 |
| 2020-06-01 | $119,900 (-20.0%) | $139,780 (-16.3%) | 0.00 | 72 |
| 2020-07-01 | $114,200 (-23.8%) | $167,966 (-8.4%) | 0.00 | 57 |
| 2020-08-01 | $139,900 (-4.8%) | $203,312 (16.1%) | 0.00 | 47 |
| 2020-09-01 | $130,450 (-8.5%) | $218,793 (30.9%) | 0.00 | 48 |
| 2020-10-01 | $119,400 (-13.7%) | $213,823 (34.8%) | 0.00 | 50 |
| 2020-11-01 | $93,550 (-29.1%) | $184,502 (19.9%) | 0.00 | 49 |
| 2020-12-01 | $87,950 (-24.3%) | $174,055 (24.0%) | 0.00 | 39 |
| 2021-01-01 | $94,900 (-22.5%) | $193,066 (39.6%) | 0.00 | 26 |
| 2021-02-01 | $171,350 (90.5%) | $245,161 (104.3%) | 0.00 | 17 |
| 2021-03-01 | $212,175 (115.6%) | $283,115 (122.8%) | 0.00 | 19 |
| 2021-04-01 | $210,987 (95.4%) | $305,752 (128.1%) | 0.00 | 20 |
| 2021-05-01 | $160,000 (33.4%) | $247,493 (76.3%) | 0.00 | 20 |
| 2021-06-01 | $112,450 (-6.2%) | $205,052 (46.7%) | 0.00 | 30 |
| 2021-07-01 | $113,550 (-0.6%) | $206,618 (23.0%) | 0.00 | 38 |
| 2021-08-01 | $152,925 (9.3%) | $201,645 (-0.8%) | 0.00 | 45 |
| 2021-09-01 | $123,950 (-5.0%) | $202,472 (-7.5%) | 0.00 | 44 |
| 2021-10-01 | $113,450 (-5.0%) | $191,623 (-10.4%) | 0.00 | 47 |
| 2021-11-01 | $108,875 (16.4%) | $173,345 (-6.1%) | 0.00 | 51 |
| 2021-12-01 | $121,625 (38.3%) | $209,204 (20.2%) | 0.00 | 39 |
| 2022-01-01 | $145,000 (52.8%) | $217,672 (12.8%) | 0.00 | 31 |
| 2022-02-01 | $122,475 (-28.5%) | $209,012 (-14.8%) | 0.00 | 21 |
| 2022-03-01 | $148,625 (-30.0%) | $176,443 (-37.7%) | 0.00 | 15 |
| 2022-04-01 | $195,000 (-7.6%) | $200,728 (-34.4%) | 0.00 | 23 |
| 2022-05-01 | $220,967 (38.1%) | $328,495 (32.7%) | 0.00 | 27 |
| 2022-06-01 | $182,225 (62.1%) | $282,934 (38.0%) | 0.00 | 39 |
| 2022-07-01 | $162,411 (43.0%) | $296,510 (43.5%) | 0.00 | 39 |
| 2022-08-01 | $222,400 (45.4%) | $368,629 (82.8%) | 0.00 | 43 |
| 2022-09-01 | $197,450 (59.3%) | $357,825 (76.7%) | 0.00 | 46 |
| 2022-10-01 | $247,400 (118.1%) | $399,422 (108.4%) | 0.00 | 42 |
| 2022-11-01 | $264,400 (142.9%) | $409,244 (136.1%) | 0.00 | 38 |
| 2022-12-01 | $259,786 (113.6%) | $323,762 (54.8%) | 0.00 | 37 |
| 2023-01-01 | $250,172 (72.5%) | $272,280 (25.1%) | 0.00 | 24 |
| 2023-02-01 | $254,115 (107.5%) | $254,052 (21.6%) | 0.00 | 26 |
| 2023-03-01 | $254,115 (71.0%) | $282,272 (60.0%) | 0.00 | 30 |
| 2023-04-01 | $248,963 (27.7%) | $353,971 (76.3%) | 0.00 | 24 |
| 2023-05-01 | $198,750 (-10.1%) | $303,340 (-7.7%) | 0.00 | 30 |
| 2023-06-01 | $223,441 (22.6%) | $327,416 (15.7%) | 0.00 | 29 |
| 2023-07-01 | $224,900 (38.5%) | $238,130 (-19.7%) | 0.00 | 40 |
| 2023-08-01 | $208,700 (-6.2%) | $247,257 (-32.9%) | 0.00 | 43 |
| 2023-09-01 | $194,500 (-1.5%) | $227,673 (-36.4%) | 0.00 | 47 |
| 2023-10-01 | $183,500 (-25.8%) | $220,617 (-44.8%) | 0.00 | 56 |
| 2023-11-01 | $188,425 (-28.7%) | $225,991 (-44.8%) | 0.00 | 63 |
| 2023-12-01 | $230,000 (-11.5%) | $268,119 (-17.2%) | 0.00 | 54 |
| 2024-01-01 | $240,500 (-3.9%) | $264,729 (-2.8%) | 0.00 | 53 |
| 2024-02-01 | $243,177 (-4.3%) | $249,754 (-1.7%) | 0.00 | 51 |
| 2024-03-01 | $259,900 (2.3%) | $260,073 (-7.9%) | 0.00 | 43 |
Huntington's median listing price comes in at 0% of the national average.
Huntington's average listing price for 2024-03-01 was $260,073, a difference of $-22,199 (-7.9%) versus the prior year and $10,319 versus the prior month.
For the 2024-03-01 period, Huntington had 43 MLS listings, a difference of -8 listings (-16%) versus the prior month and 13 listings (43%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Huntington (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,722 sqft |
| 2018-02-01 | 0 days | 1,686 sqft |
| 2018-03-01 | 0 days | 1,696 sqft |
| 2018-04-01 | 0 days | 1,737 sqft |
| 2018-05-01 | 0 days | 1,735 sqft |
| 2018-06-01 | 0 days | 1,645 sqft |
| 2018-07-01 | 0 days | 1,628 sqft |
| 2018-08-01 | 0 days | 1,742 sqft |
| 2018-09-01 | 0 days | 1,791 sqft |
| 2018-10-01 | 0 days | 1,769 sqft |
| 2018-11-01 | 0 days | 1,699 sqft |
| 2018-12-01 | 0 days | 1,699 sqft |
| 2019-01-01 | 0 days | 1,680 sqft |
| 2019-02-01 | 0 days | 1,747 sqft |
| 2019-03-01 | 0 days | 1,763 sqft |
| 2019-04-01 | 0 days | 1,763 sqft |
| 2019-05-01 | 0 days | 1,801 sqft |
| 2019-06-01 | 0 days | 1,811 sqft |
| 2019-07-01 | 0 days | 1,811 sqft |
| 2019-08-01 | 0 days | 1,811 sqft |
| 2019-09-01 | 0 days | 1,811 sqft |
| 2019-10-01 | 0 days | 1,811 sqft |
| 2019-11-01 | 0 days | 1,811 sqft |
| 2019-12-01 | 0 days | 1,737 sqft |
| 2020-01-01 | 0 days | 1,710 sqft |
| 2020-02-01 | 0 days | 1,534 sqft |
| 2020-03-01 | 0 days | 1,567 sqft |
| 2020-04-01 | 0 days | 1,541 sqft |
| 2020-05-01 | 0 days | 1,642 sqft |
| 2020-06-01 | 0 days | 1,614 sqft |
| 2020-07-01 | 0 days | 1,623 sqft |
| 2020-08-01 | 0 days | 1,717 sqft |
| 2020-09-01 | 0 days | 1,716 sqft |
| 2020-10-01 | 0 days | 1,564 sqft |
| 2020-11-01 | 0 days | 1,516 sqft |
| 2020-12-01 | 0 days | 1,406 sqft |
| 2021-01-01 | 0 days | 1,525 sqft |
| 2021-02-01 | 0 days | 1,707 sqft |
| 2021-03-01 | 0 days | 1,736 sqft |
| 2021-04-01 | 0 days | 1,732 sqft |
| 2021-05-01 | 0 days | 1,606 sqft |
| 2021-06-01 | 0 days | 1,691 sqft |
| 2021-07-01 | 0 days | 1,709 sqft |
| 2021-08-01 | 0 days | 1,744 sqft |
| 2021-09-01 | 0 days | 1,700 sqft |
| 2021-10-01 | 0 days | 1,606 sqft |
| 2021-11-01 | 0 days | 1,596 sqft |
| 2021-12-01 | 0 days | 1,745 sqft |
| 2022-01-01 | 0 days | 1,815 sqft |
| 2022-02-01 | 0 days | 1,641 sqft |
| 2022-03-01 | 0 days | 1,554 sqft |
| 2022-04-01 | 0 days | 1,655 sqft |
| 2022-05-01 | 0 days | 1,695 sqft |
| 2022-06-01 | 0 days | 1,794 sqft |
| 2022-07-01 | 0 days | 1,669 sqft |
| 2022-08-01 | 0 days | 1,882 sqft |
| 2022-09-01 | 0 days | 1,892 sqft |
| 2022-10-01 | 0 days | 1,932 sqft |
| 2022-11-01 | 0 days | 1,940 sqft |
| 2022-12-01 | 0 days | 1,772 sqft |
| 2023-01-01 | 0 days | 1,495 sqft |
| 2023-02-01 | 0 days | 1,511 sqft |
| 2023-03-01 | 0 days | 1,603 sqft |
| 2023-04-01 | 0 days | 1,539 sqft |
| 2023-05-01 | 0 days | 1,493 sqft |
| 2023-06-01 | 0 days | 1,798 sqft |
| 2023-07-01 | 0 days | 1,669 sqft |
| 2023-08-01 | 0 days | 1,627 sqft |
| 2023-09-01 | 0 days | 1,569 sqft |
| 2023-10-01 | 0 days | 1,574 sqft |
| 2023-11-01 | 0 days | 1,595 sqft |
| 2023-12-01 | 0 days | 1,641 sqft |
| 2024-01-01 | 0 days | 1,607 sqft |
| 2024-02-01 | 0 days | 1,562 sqft |
| 2024-03-01 | 0 days | 1,697 sqft |
Huntington's median square footage for active listings during the 2024-03-01 period was 1,697 sqft. One year prior, the average listing was 1,603 sqft.