Jesup USDA Loan Rates, Closing Costs & Stats

Jesup, GA

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Jesup's 6 lenders originated 12 USDA loans during 2023. The total origination value was $2,440,000, with an average USDA loan value of $203,333.

    Jesup USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Jesup averaged -0.11% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

    Jesup's average USDA mortgage closing costs are $5,214.

    The average rate for the prior week (2024-11-08) was 6.54% and one month ago for the week of 2024-10-11, the average rate was 6.2%.

    The average rate one year ago was 7.23%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0.2%.

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

    Jesup 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 Jesup level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 6 5.93% $8,517
    Century Mortgage Company DBA Century Lending Company 1 7.25% $6,202
    GUILD MORTGAGE COMPANY 1 6.63% $6,431
    Paramount Residential Mortgage Group, Inc. 1 6.63% $9,593
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 6.00% $7,757
    TOWNE MORTGAGE COMPANY 1 6.25% $9,592

    The top Jesup USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 6 USDA loans originated. Their average total fees are $8,517, which is $2,315 higher than the next largest lender, Century Mortgage Company DBA Century Lending Company.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Jesup (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 $134,950 (3.8%) $167,339 (-2.7%) 0.00 120
    2018-02-01 $137,375 (1.1%) $173,674 (-2.8%) 0.00 118
    2018-03-01 $136,750 (0.8%) $157,931 (-12.5%) 0.00 118
    2018-04-01 $138,500 (2.6%) $157,563 (-13.5%) 0.00 123
    2018-05-01 $139,200 (1.1%) $171,905 (-0.7%) 0.00 129
    2018-06-01 $139,000 (1.5%) $173,871 (-1.2%) 0.00 124
    2018-07-01 $138,500 (5.7%) $177,680 (6.9%) 0.00 102
    2018-08-01 $137,450 (5.8%) $185,552 (14.1%) 0.00 105
    2018-09-01 $137,000 (3.8%) $180,953 (10.2%) 0.00 112
    2018-10-01 $140,600 (10.3%) $187,641 (20.8%) 0.00 116
    2018-11-01 $145,000 (14.0%) $188,052 (19.9%) 0.00 116
    2018-12-01 $139,900 (3.7%) $181,491 (10.5%) 0.00 118
    2019-01-01 $142,450 (5.6%) $188,983 (12.9%) 0.00 119
    2019-02-01 $155,000 (12.8%) $191,645 (10.4%) 0.00 118
    2019-03-01 $162,263 (18.7%) $199,493 (26.3%) 0.00 112
    2019-04-01 $173,199 (25.1%) $208,046 (32.0%) 0.00 108
    2019-05-01 $178,800 (28.5%) $213,516 (24.2%) 0.00 108
    2019-06-01 $174,950 (25.9%) $214,619 (23.4%) 0.00 109
    2019-07-01 $177,000 (27.8%) $211,689 (19.1%) 0.00 114
    2019-08-01 $175,123 (27.4%) $211,777 (14.1%) 0.00 118
    2019-09-01 $182,057 (32.9%) $218,086 (20.5%) 0.00 116
    2019-10-01 $188,675 (34.2%) $228,325 (21.7%) 0.00 114
    2019-11-01 $199,500 (37.6%) $232,442 (23.6%) 0.00 102
    2019-12-01 $203,425 (45.4%) $240,491 (32.5%) 0.00 100
    2020-01-01 $205,700 (44.4%) $232,666 (23.1%) 0.00 96
    2020-02-01 $189,000 (21.9%) $220,155 (14.9%) 0.00 94
    2020-03-01 $179,875 (10.9%) $215,976 (8.3%) 0.00 89
    2020-04-01 $169,000 (-2.4%) $204,402 (-1.8%) 0.00 93
    2020-05-01 $174,450 (-2.4%) $206,303 (-3.4%) 0.00 82
    2020-06-01 $168,675 (-3.6%) $216,375 (0.8%) 0.00 70
    2020-07-01 $179,000 (1.1%) $226,766 (7.1%) 0.00 63
    2020-08-01 $184,000 (5.1%) $233,754 (10.4%) 0.00 59
    2020-09-01 $196,150 (7.7%) $236,466 (8.4%) 0.00 52
    2020-10-01 $193,425 (2.5%) $230,656 (1.0%) 0.00 50
    2020-11-01 $203,225 (1.9%) $239,311 (3.0%) 0.00 46
    2020-12-01 $229,250 (12.7%) $257,658 (7.1%) 0.00 47
    2021-01-01 $232,000 (12.8%) $268,183 (15.3%) 0.00 41
    2021-02-01 $216,100 (14.3%) $274,242 (24.6%) 0.00 39
    2021-03-01 $209,900 (16.7%) $268,259 (24.2%) 0.00 43
    2021-04-01 $248,225 (46.9%) $310,999 (52.2%) 0.00 38
    2021-05-01 $249,000 (42.7%) $305,671 (48.2%) 0.00 26
    2021-06-01 $245,700 (45.7%) $284,459 (31.5%) 0.00 35
    2021-07-01 $262,000 (46.4%) $321,317 (41.7%) 0.00 28
    2021-08-01 $271,000 (47.3%) $324,911 (39.0%) 0.00 33
    2021-09-01 $242,425 (23.6%) $303,218 (28.2%) 0.00 54
    2021-10-01 $235,750 (21.9%) $294,417 (27.6%) 0.00 62
    2021-11-01 $233,100 (14.7%) $300,037 (25.4%) 0.00 63
    2021-12-01 $232,500 (1.4%) $282,368 (9.6%) 0.00 65
    2022-01-01 $235,000 (1.3%) $293,952 (9.6%) 0.00 60
    2022-02-01 $234,500 (8.5%) $296,056 (8.0%) 0.00 49
    2022-03-01 $248,425 (18.4%) $303,241 (13.0%) 0.00 46
    2022-04-01 $234,400 (-5.6%) $283,613 (-8.8%) 0.00 49
    2022-05-01 $250,725 (0.7%) $288,249 (-5.7%) 0.00 44
    2022-06-01 $279,900 (13.9%) $312,533 (9.9%) 0.00 42
    2022-07-01 $272,000 (3.8%) $308,979 (-3.8%) 0.00 60
    2022-08-01 $265,724 (-2.0%) $289,630 (-10.9%) 0.00 68
    2022-09-01 $267,473 (10.3%) $321,780 (6.1%) 0.00 69
    2022-10-01 $259,900 (10.2%) $307,092 (4.3%) 0.00 70
    2022-11-01 $259,975 (11.5%) $312,890 (4.3%) 0.00 64
    2022-12-01 $259,000 (11.4%) $363,430 (28.7%) 0.00 62
    2023-01-01 $258,725 (10.1%) $371,154 (26.3%) 0.00 49
    2023-02-01 $251,950 (7.4%) $379,598 (28.2%) 0.00 47
    2023-03-01 $268,250 (8.0%) $396,984 (30.9%) 0.00 40
    2023-04-01 $317,450 (35.4%) $428,028 (50.9%) 0.00 35
    2023-05-01 $297,000 (18.5%) $420,355 (45.8%) 0.00 42
    2023-06-01 $299,225 (6.9%) $424,436 (35.8%) 0.00 47
    2023-07-01 $297,450 (9.4%) $427,113 (38.2%) 0.00 47
    2023-08-01 $279,000 (5.0%) $412,627 (42.5%) 0.00 47
    2023-09-01 $282,000 (5.4%) $393,882 (22.4%) 0.00 58
    2023-10-01 $260,500 (0.2%) $364,559 (18.7%) 0.00 62
    2023-11-01 $260,000 (0.0%) $365,013 (16.7%) 0.00 63
    2023-12-01 $262,900 (1.5%) $308,503 (-15.1%) 0.00 55
    2024-01-01 $258,900 (0.1%) $295,316 (-20.4%) 0.00 59
    2024-02-01 $265,700 (5.5%) $301,089 (-20.7%) 0.00 60
    2024-03-01 $279,900 (4.3%) $327,711 (-17.5%) 0.00 59
    2024-04-01 $273,750 (-13.8%) $329,105 (-23.1%) 0.00 86
    2024-05-01 $287,000 (-3.4%) $340,393 (-19.0%) 0.00 89
    2024-06-01 $289,000 (-3.4%) $334,346 (-21.2%) 0.00 81
    2024-07-01 $281,250 (-5.5%) $320,687 (-24.9%) 0.00 81
    2024-08-01 $287,500 (3.1%) $321,541 (-22.1%) 0.00 88
    2024-09-01 $289,950 (2.8%) $344,319 (-12.6%) 0.00 80
    2024-10-01 $288,000 (10.6%) $329,189 (-9.7%) 0.00 88
    Jesup's median listing price for 2024-10-01 was $288,000, a difference of $27,500 (10.6%) versus the prior year and $-1,950 versus the prior month.

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

    Jesup's average listing price for 2024-10-01 was $329,189, a difference of $-35,370 (-9.7%) versus the prior year and $-15,130 versus the prior month.

    For the 2024-10-01 period, Jesup had 88 MLS listings, a difference of 8 listings (10%) versus the prior month and 26 listings (42%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Jesup (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,804 sqft
    2018-02-01 0 days 1,852 sqft
    2018-03-01 0 days 1,803 sqft
    2018-04-01 0 days 1,776 sqft
    2018-05-01 0 days 1,789 sqft
    2018-06-01 0 days 1,802 sqft
    2018-07-01 0 days 1,812 sqft
    2018-08-01 0 days 1,844 sqft
    2018-09-01 0 days 1,800 sqft
    2018-10-01 0 days 1,849 sqft
    2018-11-01 0 days 1,910 sqft
    2018-12-01 0 days 1,875 sqft
    2019-01-01 0 days 1,916 sqft
    2019-02-01 0 days 1,901 sqft
    2019-03-01 0 days 1,933 sqft
    2019-04-01 0 days 1,955 sqft
    2019-05-01 0 days 1,986 sqft
    2019-06-01 0 days 2,083 sqft
    2019-07-01 0 days 2,093 sqft
    2019-08-01 0 days 2,049 sqft
    2019-09-01 0 days 2,062 sqft
    2019-10-01 0 days 2,087 sqft
    2019-11-01 0 days 2,157 sqft
    2019-12-01 0 days 2,199 sqft
    2020-01-01 0 days 2,167 sqft
    2020-02-01 0 days 2,067 sqft
    2020-03-01 0 days 1,939 sqft
    2020-04-01 0 days 1,901 sqft
    2020-05-01 0 days 1,978 sqft
    2020-06-01 0 days 2,014 sqft
    2020-07-01 0 days 2,135 sqft
    2020-08-01 0 days 1,933 sqft
    2020-09-01 0 days 1,987 sqft
    2020-10-01 0 days 1,968 sqft
    2020-11-01 0 days 1,814 sqft
    2020-12-01 0 days 2,295 sqft
    2021-01-01 0 days 2,352 sqft
    2021-02-01 0 days 1,944 sqft
    2021-03-01 0 days 2,023 sqft
    2021-04-01 0 days 2,328 sqft
    2021-05-01 0 days 2,349 sqft
    2021-06-01 0 days 1,965 sqft
    2021-07-01 0 days 2,500 sqft
    2021-08-01 0 days 2,130 sqft
    2021-09-01 0 days 2,105 sqft
    2021-10-01 0 days 1,958 sqft
    2021-11-01 0 days 2,100 sqft
    2021-12-01 0 days 1,975 sqft
    2022-01-01 0 days 2,072 sqft
    2022-02-01 0 days 2,093 sqft
    2022-03-01 0 days 2,045 sqft
    2022-04-01 0 days 1,851 sqft
    2022-05-01 0 days 1,977 sqft
    2022-06-01 0 days 2,173 sqft
    2022-07-01 0 days 1,968 sqft
    2022-08-01 0 days 1,856 sqft
    2022-09-01 0 days 1,861 sqft
    2022-10-01 0 days 1,742 sqft
    2022-11-01 0 days 1,787 sqft
    2022-12-01 0 days 1,844 sqft
    2023-01-01 0 days 1,827 sqft
    2023-02-01 0 days 1,782 sqft
    2023-03-01 0 days 1,771 sqft
    2023-04-01 0 days 1,800 sqft
    2023-05-01 0 days 1,851 sqft
    2023-06-01 0 days 1,952 sqft
    2023-07-01 0 days 1,914 sqft
    2023-08-01 0 days 1,854 sqft
    2023-09-01 0 days 1,728 sqft
    2023-10-01 0 days 1,765 sqft
    2023-11-01 0 days 1,741 sqft
    2023-12-01 0 days 1,705 sqft
    2024-01-01 0 days 1,674 sqft
    2024-02-01 0 days 1,684 sqft
    2024-03-01 0 days 1,824 sqft
    2024-04-01 0 days 1,859 sqft
    2024-05-01 0 days 1,979 sqft
    2024-06-01 0 days 1,979 sqft
    2024-07-01 0 days 1,898 sqft
    2024-08-01 0 days 1,869 sqft
    2024-09-01 0 days 1,875 sqft
    2024-10-01 0 days 1,827 sqft
    Jesup's median listing age (time on market) for 2024-10-01 was 0 days.

    Jesup's median square footage for active listings during the 2024-10-01 period was 1,827 sqft. One year prior, the average listing was 1,765 sqft.