Jefferson USDA Loan Rates, Closing Costs & Stats

Jefferson, 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.

Jefferson's 14 lenders originated 22 USDA loans during 2022. The total origination value was $6,010,000, with an average USDA loan value of $273,182.

Jefferson USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Jefferson averaged 6.38% for the week of 2024-03-01, compared to the national average (all USDA variants) of 6.729% for the same period.

Jefferson's average USDA mortgage closing costs are $5,447.

The average rate for the prior week (2024-02-23) was 6.33% and one month ago for the week of 2024-01-26, the average rate was 5.99%.

The average rate one year ago was 5.96%.

For refis of the same type during the week of 2024-03-01, the average rate was 5.34%.

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

Jefferson 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 Jefferson level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
HOMESTAR FINANCIAL CORPORATION 4 4.56% $5,245
UNITED WHOLESALE MORTGAGE, LLC 4 3.99% $7,776
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 4.69% $8,226
MOVEMENT MORTGAGE, LLC 2 6.19% $7,236
Capital City Home Loans, LLC 1 2.75% $7,086
Colony Bank 1 5.13% $7,071
CRESCENT MORTGAGE COMPANY 1 6.25% $10,256
ACOPIA, LLC 1 3.75% $5,140
BANKSOUTH MORTGAGE COMPANY, LLC 1 3.00% $5,937
Ameris Bank 1 6.25% $9,157
PLANET HOME LENDING, LLC 1 2.75% $4,311
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 5.25% $4,500
South State Bank 1 6.13% $10,573
CALIBER HOME LOANS, INC. 1 2.55% $17,419

The top Jefferson USDA lender as defined by loan originations is HOMESTAR FINANCIAL CORPORATION, with 4 USDA loans originated. Their average total fees are $5,245, which is $2,531 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Jefferson (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 $270,785 (15.9%) $317,585 (16.3%) 0.00 527
2018-02-01 $266,975 (11.6%) $314,082 (11.1%) 0.00 537
2018-03-01 $274,015 (11.7%) $320,083 (11.6%) 0.00 474
2018-04-01 $289,725 (16.4%) $334,223 (15.5%) 0.00 451
2018-05-01 $294,804 (18.0%) $342,368 (17.4%) 0.00 426
2018-06-01 $297,950 (16.3%) $349,470 (17.4%) 0.00 424
2018-07-01 $285,149 (12.0%) $342,215 (16.2%) 0.00 465
2018-08-01 $281,759 (10.5%) $336,217 (12.1%) 0.00 483
2018-09-01 $284,923 (9.2%) $334,585 (11.7%) 0.00 492
2018-10-01 $276,775 (5.4%) $330,681 (9.5%) 0.00 610
2018-11-01 $276,305 (5.2%) $328,058 (7.4%) 0.00 609
2018-12-01 $276,459 (4.6%) $329,455 (6.0%) 0.00 589
2019-01-01 $279,900 (3.4%) $331,487 (4.4%) 0.00 544
2019-02-01 $289,675 (8.5%) $343,644 (9.4%) 0.00 536
2019-03-01 $282,976 (3.3%) $329,579 (3.0%) 0.00 603
2019-04-01 $274,728 (-5.2%) $309,977 (-7.3%) 0.00 675
2019-05-01 $274,795 (-6.8%) $307,382 (-10.2%) 0.00 628
2019-06-01 $266,795 (-10.5%) $307,822 (-11.9%) 0.00 634
2019-07-01 $268,751 (-5.8%) $326,523 (-4.6%) 0.00 630
2019-08-01 $267,124 (-5.2%) $317,909 (-5.5%) 0.00 640
2019-09-01 $265,960 (-6.7%) $306,562 (-8.4%) 0.00 620
2019-10-01 $272,157 (-1.7%) $317,676 (-3.9%) 0.00 548
2019-11-01 $279,925 (1.3%) $332,605 (1.4%) 0.00 459
2019-12-01 $284,173 (2.8%) $326,742 (-0.8%) 0.00 428
2020-01-01 $284,900 (1.8%) $324,623 (-2.1%) 0.00 405
2020-02-01 $285,000 (-1.6%) $331,838 (-3.4%) 0.00 402
2020-03-01 $283,743 (0.3%) $330,596 (0.3%) 0.00 379
2020-04-01 $285,193 (3.8%) $329,166 (6.2%) 0.00 411
2020-05-01 $289,990 (5.5%) $338,131 (10.0%) 0.00 407
2020-06-01 $300,256 (12.5%) $350,578 (13.9%) 0.00 367
2020-07-01 $301,327 (12.1%) $355,146 (8.8%) 0.00 357
2020-08-01 $306,285 (14.7%) $354,956 (11.7%) 0.00 348
2020-09-01 $315,164 (18.5%) $360,969 (17.8%) 0.00 311
2020-10-01 $315,338 (15.9%) $358,674 (12.9%) 0.00 287
2020-11-01 $313,204 (11.9%) $368,775 (10.9%) 0.00 264
2020-12-01 $305,438 (7.5%) $377,255 (15.5%) 0.00 250
2021-01-01 $303,823 (6.6%) $379,587 (16.9%) 0.00 217
2021-02-01 $315,456 (10.7%) $402,994 (21.4%) 0.00 171
2021-03-01 $320,725 (13.0%) $418,543 (26.6%) 0.00 141
2021-04-01 $335,360 (17.6%) $424,934 (29.1%) 0.00 135
2021-05-01 $352,500 (21.6%) $438,764 (29.8%) 0.00 130
2021-06-01 $372,475 (24.1%) $453,771 (29.4%) 0.00 154
2021-07-01 $379,950 (26.1%) $470,921 (32.6%) 0.00 169
2021-08-01 $379,450 (23.9%) $461,446 (30.0%) 0.00 203
2021-09-01 $404,111 (28.2%) $478,092 (32.5%) 0.00 234
2021-10-01 $409,990 (30.0%) $480,423 (33.9%) 0.00 244
2021-11-01 $423,366 (35.2%) $483,047 (31.0%) 0.00 237
2021-12-01 $445,235 (45.8%) $497,587 (31.9%) 0.00 226
2022-01-01 $471,995 (55.4%) $527,877 (39.1%) 0.00 165
2022-02-01 $458,339 (45.3%) $532,013 (32.0%) 0.00 152
2022-03-01 $471,185 (46.9%) $543,778 (29.9%) 0.00 152
2022-04-01 $475,654 (41.8%) $556,629 (31.0%) 0.00 165
2022-05-01 $487,495 (38.3%) $567,489 (29.3%) 0.00 214
2022-06-01 $478,495 (28.5%) $559,689 (23.3%) 0.00 265
2022-07-01 $474,829 (25.0%) $555,571 (18.0%) 0.00 352
2022-08-01 $474,900 (25.2%) $552,361 (19.7%) 0.00 391
2022-09-01 $472,664 (17.0%) $535,658 (12.0%) 0.00 428
2022-10-01 $450,000 (9.8%) $517,588 (7.7%) 0.00 464
2022-11-01 $444,613 (5.0%) $523,506 (8.4%) 0.00 457
2022-12-01 $429,999 (-3.4%) $525,351 (5.6%) 0.00 436
2023-01-01 $432,770 (-8.3%) $529,425 (0.3%) 0.00 389
2023-02-01 $443,187 (-3.3%) $527,337 (-0.9%) 0.00 366
2023-03-01 $446,848 (-5.2%) $532,029 (-2.2%) 0.00 353
2023-04-01 $442,479 (-7.0%) $524,800 (-5.7%) 0.00 355
2023-05-01 $446,887 (-8.3%) $532,338 (-6.2%) 0.00 345
2023-06-01 $449,725 (-6.0%) $510,357 (-8.8%) 0.00 352
2023-07-01 $449,973 (-5.2%) $514,114 (-7.5%) 0.00 356
2023-08-01 $447,627 (-5.7%) $508,992 (-7.9%) 0.00 364
2023-09-01 $448,710 (-5.1%) $496,452 (-7.3%) 0.00 374
2023-10-01 $442,122 (-1.8%) $504,232 (-2.6%) 0.00 405
2023-11-01 $446,302 (0.4%) $515,205 (-1.6%) 0.00 416
2023-12-01 $444,345 (3.3%) $519,169 (-1.2%) 0.00 410
2024-01-01 $447,327 (3.4%) $528,459 (-0.2%) 0.00 383
Jefferson's median listing price for 2024-01-01 was $447,327, a difference of $14,557 (3.4%) versus the prior year and $2,982 versus the prior month.

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

Jefferson's average listing price for 2024-01-01 was $528,459, a difference of $-966 (-0.2%) versus the prior year and $9,290 versus the prior month.

For the 2024-01-01 period, Jefferson had 383 MLS listings, a difference of -27 listings (-7%) versus the prior month and -6 listings (-2%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Jefferson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,591 sqft
2018-02-01 0 days 2,577 sqft
2018-03-01 0 days 2,549 sqft
2018-04-01 0 days 2,582 sqft
2018-05-01 0 days 2,576 sqft
2018-06-01 0 days 2,587 sqft
2018-07-01 0 days 2,569 sqft
2018-08-01 0 days 2,529 sqft
2018-09-01 0 days 2,580 sqft
2018-10-01 0 days 2,536 sqft
2018-11-01 0 days 2,548 sqft
2018-12-01 0 days 2,545 sqft
2019-01-01 0 days 2,580 sqft
2019-02-01 0 days 2,602 sqft
2019-03-01 0 days 2,605 sqft
2019-04-01 0 days 2,584 sqft
2019-05-01 0 days 2,602 sqft
2019-06-01 0 days 2,580 sqft
2019-07-01 0 days 2,584 sqft
2019-08-01 0 days 2,573 sqft
2019-09-01 0 days 2,551 sqft
2019-10-01 0 days 2,518 sqft
2019-11-01 0 days 2,511 sqft
2019-12-01 0 days 2,501 sqft
2020-01-01 0 days 2,504 sqft
2020-02-01 0 days 2,501 sqft
2020-03-01 0 days 2,500 sqft
2020-04-01 0 days 2,497 sqft
2020-05-01 0 days 2,493 sqft
2020-06-01 0 days 2,508 sqft
2020-07-01 0 days 2,536 sqft
2020-08-01 0 days 2,550 sqft
2020-09-01 0 days 2,560 sqft
2020-10-01 0 days 2,500 sqft
2020-11-01 0 days 2,506 sqft
2020-12-01 0 days 2,500 sqft
2021-01-01 0 days 2,500 sqft
2021-02-01 0 days 2,390 sqft
2021-03-01 0 days 2,445 sqft
2021-04-01 0 days 2,392 sqft
2021-05-01 0 days 2,384 sqft
2021-06-01 0 days 2,390 sqft
2021-07-01 0 days 2,366 sqft
2021-08-01 0 days 2,466 sqft
2021-09-01 0 days 2,562 sqft
2021-10-01 0 days 2,543 sqft
2021-11-01 0 days 2,648 sqft
2021-12-01 0 days 2,711 sqft
2022-01-01 0 days 2,688 sqft
2022-02-01 0 days 2,582 sqft
2022-03-01 0 days 2,617 sqft
2022-04-01 0 days 2,504 sqft
2022-05-01 0 days 2,490 sqft
2022-06-01 0 days 2,562 sqft
2022-07-01 0 days 2,508 sqft
2022-08-01 0 days 2,488 sqft
2022-09-01 0 days 2,488 sqft
2022-10-01 0 days 2,436 sqft
2022-11-01 0 days 2,479 sqft
2022-12-01 0 days 2,432 sqft
2023-01-01 0 days 2,443 sqft
2023-02-01 0 days 2,471 sqft
2023-03-01 0 days 2,467 sqft
2023-04-01 0 days 2,462 sqft
2023-05-01 0 days 2,465 sqft
2023-06-01 0 days 2,467 sqft
2023-07-01 0 days 2,500 sqft
2023-08-01 0 days 2,499 sqft
2023-09-01 0 days 2,445 sqft
2023-10-01 0 days 2,444 sqft
2023-11-01 0 days 2,448 sqft
2023-12-01 0 days 2,442 sqft
2024-01-01 0 days 2,494 sqft
Jefferson's median listing age (time on market) for 2024-01-01 was 0 days.

Jefferson's median square footage for active listings during the 2024-01-01 period was 2,494 sqft. One year prior, the average listing was 2,443 sqft.