Jamestown USDA Loan Rates, Closing Costs & Stats

Jamestown-Dunkirk-Fredonia, 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.

Jamestown's 2 lenders originated 2 USDA loans during 2023. The total origination value was $250,000, with an average USDA loan value of $125,000.

Jamestown USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Jamestown averaged 7.02% for the week of 2024-04-12, compared to the national average (all USDA variants) of 6.705% for the same period.

Jamestown's average USDA mortgage closing costs are $3,833.

The average rate for the prior week (2024-04-05) was 6.95% and one month ago for the week of 2024-03-08, the average rate was 6.81%.

The average rate one year ago was 6.51%.

For refis of the same type during the week of 2024-04-12, the average rate was 6.4%.

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

Jamestown 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 Jamestown level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Bank of England 1 7.25% $5,209
CROSSCOUNTRY MORTGAGE, LLC 1 6.50% $6,682

The top Jamestown USDA lender as defined by loan originations is Bank of England, with 1 USDA loans originated. Their average total fees are $5,209, which is $1,473 lower than the next largest lender, CROSSCOUNTRY MORTGAGE, LLC.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Jamestown (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 $119,150 (13.6%) $189,209 (8.2%) 0.00 573
2018-02-01 $115,475 (5.9%) $196,736 (10.1%) 0.00 588
2018-03-01 $125,000 (9.8%) $211,385 (15.7%) 0.00 563
2018-04-01 $129,900 (13.0%) $216,001 (13.4%) 0.00 574
2018-05-01 $140,562 (20.9%) $222,293 (17.0%) 0.00 595
2018-06-01 $145,000 (21.4%) $224,265 (18.2%) 0.00 673
2018-07-01 $149,900 (25.0%) $232,291 (23.9%) 0.00 691
2018-08-01 $149,900 (20.9%) $227,471 (22.2%) 0.00 697
2018-09-01 $139,900 (16.7%) $222,146 (22.8%) 0.00 726
2018-10-01 $142,400 (18.7%) $220,608 (21.1%) 0.00 689
2018-11-01 $139,800 (16.5%) $220,507 (17.3%) 0.00 634
2018-12-01 $139,900 (16.6%) $223,071 (17.7%) 0.00 562
2019-01-01 $139,900 (17.4%) $218,583 (15.5%) 0.00 517
2019-02-01 $142,400 (23.3%) $218,528 (11.1%) 0.00 501
2019-03-01 $153,643 (22.9%) $230,454 (9.0%) 0.00 512
2019-04-01 $159,900 (23.1%) $240,594 (11.4%) 0.00 508
2019-05-01 $159,450 (13.4%) $241,265 (8.5%) 0.00 535
2019-06-01 $164,900 (13.7%) $236,885 (5.6%) 0.00 572
2019-07-01 $159,900 (6.7%) $238,475 (2.7%) 0.00 632
2019-08-01 $154,882 (3.3%) $232,265 (2.1%) 0.00 619
2019-09-01 $152,080 (8.7%) $230,109 (3.6%) 0.00 597
2019-10-01 $149,700 (5.1%) $226,977 (2.9%) 0.00 581
2019-11-01 $139,900 (0.1%) $220,916 (0.2%) 0.00 557
2019-12-01 $148,125 (5.9%) $225,336 (1.0%) 0.00 520
2020-01-01 $149,675 (7.0%) $228,378 (4.5%) 0.00 464
2020-02-01 $148,750 (4.5%) $229,838 (5.2%) 0.00 442
2020-03-01 $148,388 (-3.4%) $233,340 (1.3%) 0.00 437
2020-04-01 $154,413 (-3.4%) $242,180 (0.7%) 0.00 413
2020-05-01 $169,900 (6.6%) $262,353 (8.7%) 0.00 382
2020-06-01 $173,975 (5.5%) $260,424 (9.9%) 0.00 392
2020-07-01 $179,000 (11.9%) $263,777 (10.6%) 0.00 358
2020-08-01 $179,900 (16.2%) $260,609 (12.2%) 0.00 280
2020-09-01 $169,900 (11.7%) $241,298 (4.9%) 0.00 271
2020-10-01 $159,750 (6.7%) $235,252 (3.7%) 0.00 290
2020-11-01 $149,900 (7.2%) $224,008 (1.4%) 0.00 272
2020-12-01 $149,900 (1.2%) $222,723 (-1.2%) 0.00 255
2021-01-01 $149,901 (0.2%) $227,710 (-0.3%) 0.00 242
2021-02-01 $159,675 (7.3%) $235,077 (2.3%) 0.00 206
2021-03-01 $157,925 (6.4%) $223,028 (-4.4%) 0.00 192
2021-04-01 $178,850 (15.8%) $237,758 (-1.8%) 0.00 179
2021-05-01 $175,950 (3.6%) $240,553 (-8.3%) 0.00 184
2021-06-01 $169,075 (-2.8%) $247,930 (-4.8%) 0.00 220
2021-07-01 $179,000 (0.0%) $260,965 (-1.1%) 0.00 221
2021-08-01 $198,600 (10.4%) $275,551 (5.7%) 0.00 226
2021-09-01 $171,975 (1.2%) $236,481 (-2.0%) 0.00 213
2021-10-01 $150,000 (-6.1%) $214,676 (-8.8%) 0.00 214
2021-11-01 $159,450 (6.4%) $209,856 (-6.3%) 0.00 204
2021-12-01 $149,700 (-0.1%) $196,506 (-11.8%) 0.00 183
2022-01-01 $157,450 (5.0%) $218,237 (-4.2%) 0.00 136
2022-02-01 $158,675 (-0.6%) $245,827 (4.6%) 0.00 111
2022-03-01 $149,925 (-5.1%) $249,929 (12.1%) 0.00 106
2022-04-01 $150,000 (-16.1%) $262,730 (10.5%) 0.00 113
2022-05-01 $153,450 (-12.8%) $274,458 (14.1%) 0.00 145
2022-06-01 $167,950 (-0.7%) $287,040 (15.8%) 0.00 179
2022-07-01 $168,900 (-5.6%) $325,455 (24.7%) 0.00 207
2022-08-01 $159,900 (-19.5%) $290,141 (5.3%) 0.00 249
2022-09-01 $149,950 (-12.8%) $274,547 (16.1%) 0.00 244
2022-10-01 $159,900 (6.6%) $279,583 (30.2%) 0.00 220
2022-11-01 $149,950 (-6.0%) $261,807 (24.8%) 0.00 203
2022-12-01 $149,900 (0.1%) $300,500 (52.9%) 0.00 181
2023-01-01 $132,450 (-15.9%) $232,325 (6.5%) 0.00 171
2023-02-01 $149,900 (-5.5%) $245,671 (-0.1%) 0.00 157
2023-03-01 $161,150 (7.5%) $256,056 (2.5%) 0.00 154
2023-04-01 $175,000 (16.7%) $249,325 (-5.1%) 0.00 149
2023-05-01 $185,675 (21.0%) $301,277 (9.8%) 0.00 166
2023-06-01 $189,000 (12.5%) $325,772 (13.5%) 0.00 178
2023-07-01 $199,900 (18.4%) $342,748 (5.3%) 0.00 189
2023-08-01 $179,250 (12.1%) $311,348 (7.3%) 0.00 207
2023-09-01 $170,000 (13.4%) $357,833 (30.3%) 0.00 191
2023-10-01 $169,500 (6.0%) $345,496 (23.6%) 0.00 193
2023-11-01 $166,950 (11.3%) $345,857 (32.1%) 0.00 190
2023-12-01 $168,675 (12.5%) $333,592 (11.0%) 0.00 171
2024-01-01 $179,225 (35.3%) $325,760 (40.2%) 0.00 164
2024-02-01 $169,900 (13.3%) $321,025 (30.7%) 0.00 173
2024-03-01 $177,400 (10.1%) $336,250 (31.3%) 0.00 151
Jamestown's median listing price for 2024-03-01 was $177,400, a difference of $16,250 (10.1%) versus the prior year and $7,500 versus the prior month.

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

Jamestown's average listing price for 2024-03-01 was $336,250, a difference of $80,194 (31.3%) versus the prior year and $15,225 versus the prior month.

For the 2024-03-01 period, Jamestown had 151 MLS listings, a difference of -22 listings (-13%) versus the prior month and -3 listings (-2%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Jamestown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,535 sqft
2018-02-01 0 days 1,566 sqft
2018-03-01 0 days 1,576 sqft
2018-04-01 0 days 1,576 sqft
2018-05-01 0 days 1,595 sqft
2018-06-01 0 days 1,600 sqft
2018-07-01 0 days 1,602 sqft
2018-08-01 0 days 1,608 sqft
2018-09-01 0 days 1,612 sqft
2018-10-01 0 days 1,604 sqft
2018-11-01 0 days 1,590 sqft
2018-12-01 0 days 1,612 sqft
2019-01-01 0 days 1,623 sqft
2019-02-01 0 days 1,612 sqft
2019-03-01 0 days 1,640 sqft
2019-04-01 0 days 1,653 sqft
2019-05-01 0 days 1,637 sqft
2019-06-01 0 days 1,600 sqft
2019-07-01 0 days 1,625 sqft
2019-08-01 0 days 1,631 sqft
2019-09-01 0 days 1,647 sqft
2019-10-01 0 days 1,667 sqft
2019-11-01 0 days 1,685 sqft
2019-12-01 0 days 1,704 sqft
2020-01-01 0 days 1,704 sqft
2020-02-01 0 days 1,692 sqft
2020-03-01 0 days 1,680 sqft
2020-04-01 0 days 1,664 sqft
2020-05-01 0 days 1,715 sqft
2020-06-01 0 days 1,715 sqft
2020-07-01 0 days 1,726 sqft
2020-08-01 0 days 1,658 sqft
2020-09-01 0 days 1,656 sqft
2020-10-01 0 days 1,653 sqft
2020-11-01 0 days 1,619 sqft
2020-12-01 0 days 1,588 sqft
2021-01-01 0 days 1,588 sqft
2021-02-01 0 days 1,582 sqft
2021-03-01 0 days 1,562 sqft
2021-04-01 0 days 1,521 sqft
2021-05-01 0 days 1,482 sqft
2021-06-01 0 days 1,491 sqft
2021-07-01 0 days 1,588 sqft
2021-08-01 0 days 1,639 sqft
2021-09-01 0 days 1,588 sqft
2021-10-01 0 days 1,588 sqft
2021-11-01 0 days 1,534 sqft
2021-12-01 0 days 1,558 sqft
2022-01-01 0 days 1,588 sqft
2022-02-01 0 days 1,641 sqft
2022-03-01 0 days 1,597 sqft
2022-04-01 0 days 1,568 sqft
2022-05-01 0 days 1,562 sqft
2022-06-01 0 days 1,574 sqft
2022-07-01 0 days 1,588 sqft
2022-08-01 0 days 1,526 sqft
2022-09-01 0 days 1,518 sqft
2022-10-01 0 days 1,588 sqft
2022-11-01 0 days 1,548 sqft
2022-12-01 0 days 1,551 sqft
2023-01-01 0 days 1,535 sqft
2023-02-01 0 days 1,572 sqft
2023-03-01 0 days 1,632 sqft
2023-04-01 0 days 1,644 sqft
2023-05-01 0 days 1,613 sqft
2023-06-01 0 days 1,699 sqft
2023-07-01 0 days 1,731 sqft
2023-08-01 0 days 1,685 sqft
2023-09-01 0 days 1,650 sqft
2023-10-01 0 days 1,655 sqft
2023-11-01 0 days 1,635 sqft
2023-12-01 0 days 1,618 sqft
2024-01-01 0 days 1,585 sqft
2024-02-01 0 days 1,580 sqft
2024-03-01 0 days 1,617 sqft
Jamestown's median listing age (time on market) for 2024-03-01 was 0 days.

Jamestown's median square footage for active listings during the 2024-03-01 period was 1,617 sqft. One year prior, the average listing was 1,632 sqft.