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 12 lenders originated 16 USDA loans during 2023. The total origination value was $4,180,000, with an average USDA loan value of $261,250.
Jefferson USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Jefferson
averaged
6.45%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Jefferson's average USDA mortgage closing costs are $5,552.
The average rate for the prior week (2024-04-12) was
6.31% and
one month ago for the week of 2024-03-15, the
average rate was 6.59%.
The average rate one year ago was 6.03%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.96%.
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 | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| BROKER SOLUTIONS, INC. | 3 | 6.04% | $7,701 |
| UNITED WHOLESALE MORTGAGE, LLC | 2 | 6.13% | $9,171 |
| ACOPIA, LLC | 2 | 6.25% | $9,180 |
| Capital City Home Loans, LLC | 1 | 5.50% | $11,601 |
| EVERETT FINANCIAL, INC. | 1 | 6.00% | $9,204 |
| Magnolia Bank | 1 | 6.50% | $6,145 |
| NVR Mortgage Finance, Inc. | 1 | 5.50% | $9,451 |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | 1 | 6.50% | $11,092 |
| Synovus Bank | 1 | 5.75% | $6,034 |
| VANDERBILT MORTGAGE AND FINANCE, INC. | 1 | 6.00% | $11,998 |
| AMERICAN FINANCIAL NETWORK, INC. | 1 | 6.13% | $9,463 |
| Bank of England | 1 | 7.13% | $7,018 |
The top Jefferson USDA lender as defined by loan originations is BROKER SOLUTIONS, INC., with
3 USDA loans originated. Their average total fees are
$7,701, which is $1,469
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 |
| 2024-02-01 | $444,262 (0.2%) | $531,754 (0.8%) | 0.00 | 390 |
| 2024-03-01 | $440,000 (-1.5%) | $536,062 (0.8%) | 0.00 | 407 |
Jefferson's median listing price comes in at 0% of the national average.
Jefferson's average listing price for 2024-03-01 was $536,062, a difference of $4,033 (0.8%) versus the prior year and $4,308 versus the prior month.
For the 2024-03-01 period, Jefferson had 407 MLS listings, a difference of 17 listings (4%) versus the prior month and 54 listings (15%) 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 |
| 2024-02-01 | 0 days | 2,456 sqft |
| 2024-03-01 | 0 days | 2,489 sqft |
Jefferson's median square footage for active listings during the 2024-03-01 period was 2,489 sqft. One year prior, the average listing was 2,467 sqft.