Lancaster USDA Loan Rates, Closing Costs & Stats
LANCASTER, PA
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.
Lancaster's 11 lenders originated 15 USDA loans during 2023. The total origination value was $3,365,000, with an average USDA loan value of $224,333.
Lancaster USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Lancaster
averaged
6.41%
for the week of 2025-02-14, compared to the national average (all USDA variants) of
6.526% for the same period.
Lancaster's average USDA mortgage closing costs are $6,117.
The average rate for the prior week (2025-02-07) was
6.27% and
one month ago for the week of 2025-01-10, the
average rate was 6.72%.
The average rate one year ago was 6.31%.
For refis of the same type during the week of 2025-02-14, the average rate
was 6.55%.
Lancaster 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 Lancaster level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | 3 | 5.91% | $7,902 |
| GUILD MORTGAGE COMPANY | 2 | 6.00% | $8,924 |
| BROKER SOLUTIONS, INC. | 2 | 6.75% | $7,186 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 5.75% | $6,931 |
| Fulton Bank | 1 | 7.50% | $4,790 |
| Citizens Bank | 1 | 6.88% | $9,192 |
| Meridian Bank Corporation | 1 | 6.50% | $12,135 |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | 1 | 6.25% | $9,846 |
| The Ephrata National Bank | 1 | 6.25% | $9,357 |
| UNION HOME MORTGAGE CORP. | 1 | 5.75% | $12,414 |
| CROSSCOUNTRY MORTGAGE, LLC | 1 | 6.38% | $6,728 |
The top Lancaster USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
3 USDA loans originated. Their average total fees are
$7,902, which is $1,022
lower than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee Lancaster USDA lenders (with over 10 loans originated) are
.
The lowest rate Lancaster USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Lancaster (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 | $259,700 (6.0%) | $296,078 (5.2%) | 0.96 | 1,190 |
| 2018-02-01 | $266,900 (10.8%) | $306,970 (7.6%) | 0.97 | 1,132 |
| 2018-03-01 | $273,358 (11.6%) | $315,492 (8.9%) | 0.96 | 1,125 |
| 2018-04-01 | $269,900 (8.9%) | $311,650 (5.1%) | 0.92 | 1,184 |
| 2018-05-01 | $274,728 (9.9%) | $316,851 (5.3%) | 0.92 | 1,180 |
| 2018-06-01 | $272,900 (9.2%) | $316,449 (5.8%) | 0.91 | 1,270 |
| 2018-07-01 | $274,900 (12.2%) | $318,983 (8.3%) | 0.92 | 1,319 |
| 2018-08-01 | $271,248 (10.4%) | $320,207 (9.7%) | 0.91 | 1,314 |
| 2018-09-01 | $272,500 (10.1%) | $320,926 (10.4%) | 0.92 | 1,297 |
| 2018-10-01 | $269,900 (8.0%) | $323,473 (10.4%) | 0.91 | 1,306 |
| 2018-11-01 | $269,900 (9.9%) | $321,303 (13.7%) | 0.91 | 1,298 |
| 2018-12-01 | $274,900 (10.0%) | $323,939 (12.5%) | 0.95 | 1,241 |
| 2019-01-01 | $275,000 (5.9%) | $325,806 (10.0%) | 0.95 | 1,189 |
| 2019-02-01 | $278,945 (4.5%) | $329,761 (7.4%) | 0.94 | 1,122 |
| 2019-03-01 | $286,371 (4.8%) | $337,521 (7.0%) | 0.94 | 1,087 |
| 2019-04-01 | $295,000 (9.3%) | $345,087 (10.7%) | 0.94 | 1,086 |
| 2019-05-01 | $289,950 (5.5%) | $342,505 (8.1%) | 0.91 | 1,116 |
| 2019-06-01 | $289,900 (6.2%) | $346,253 (9.4%) | 0.91 | 1,126 |
| 2019-07-01 | $287,173 (4.5%) | $347,083 (8.8%) | 0.90 | 1,093 |
| 2019-08-01 | $286,264 (5.5%) | $347,780 (8.6%) | 0.91 | 1,079 |
| 2019-09-01 | $288,309 (5.8%) | $348,096 (8.5%) | 0.93 | 1,071 |
| 2019-10-01 | $289,900 (7.4%) | $348,075 (7.6%) | 0.94 | 1,065 |
| 2019-11-01 | $289,999 (7.5%) | $345,481 (7.5%) | 0.95 | 1,018 |
| 2019-12-01 | $297,550 (8.2%) | $352,975 (9.0%) | 0.99 | 891 |
| 2020-01-01 | $305,881 (11.2%) | $360,415 (10.6%) | 1.02 | 794 |
| 2020-02-01 | $319,900 (14.7%) | $366,681 (11.2%) | 1.05 | 744 |
| 2020-03-01 | $320,200 (11.8%) | $374,354 (10.9%) | 1.00 | 718 |
| 2020-04-01 | $326,250 (10.6%) | $389,335 (12.8%) | 1.02 | 686 |
| 2020-05-01 | $319,900 (10.3%) | $382,250 (11.6%) | 0.97 | 719 |
| 2020-06-01 | $319,675 (10.3%) | $378,542 (9.3%) | 0.94 | 739 |
| 2020-07-01 | $320,900 (11.7%) | $385,175 (11.0%) | 0.93 | 657 |
| 2020-08-01 | $334,900 (17.0%) | $401,397 (15.4%) | 0.96 | 603 |
| 2020-09-01 | $326,618 (13.3%) | $394,671 (13.4%) | 0.94 | 573 |
| 2020-10-01 | $325,750 (12.4%) | $395,386 (13.6%) | 0.93 | 541 |
| 2020-11-01 | $329,900 (13.8%) | $393,979 (14.0%) | 0.96 | 511 |
| 2020-12-01 | $331,400 (11.4%) | $388,582 (10.1%) | 0.99 | 481 |
| 2021-01-01 | $344,900 (12.8%) | $400,339 (11.1%) | 1.03 | 414 |
| 2021-02-01 | $354,948 (11.0%) | $418,382 (14.1%) | 1.03 | 355 |
| 2021-03-01 | $350,000 (9.3%) | $409,277 (9.3%) | 0.99 | 361 |
| 2021-04-01 | $349,900 (7.3%) | $412,695 (6.0%) | 0.95 | 387 |
| 2021-05-01 | $350,000 (9.4%) | $410,742 (7.5%) | 0.93 | 403 |
| 2021-06-01 | $323,750 (1.3%) | $390,538 (3.2%) | 0.85 | 466 |
| 2021-07-01 | $319,900 (-0.3%) | $383,547 (-0.4%) | 0.84 | 463 |
| 2021-08-01 | $329,204 (-1.7%) | $415,139 (3.4%) | 0.88 | 482 |
| 2021-09-01 | $323,725 (-0.9%) | $421,584 (6.8%) | 0.86 | 469 |
| 2021-10-01 | $322,000 (-1.2%) | $416,637 (5.4%) | 0.86 | 469 |
| 2021-11-01 | $333,370 (1.1%) | $425,600 (8.0%) | 0.89 | 424 |
| 2021-12-01 | $349,900 (5.6%) | $441,484 (13.6%) | 0.95 | 344 |
| 2022-01-01 | $369,900 (7.3%) | $495,422 (23.8%) | 1.00 | 251 |
| 2022-02-01 | $355,000 (0.0%) | $473,356 (13.1%) | 0.92 | 261 |
| 2022-03-01 | $368,200 (5.2%) | $440,737 (7.7%) | 0.92 | 321 |
| 2022-04-01 | $374,998 (7.2%) | $454,485 (10.1%) | 0.89 | 336 |
| 2022-05-01 | $379,950 (8.6%) | $469,536 (14.3%) | 0.87 | 374 |
| 2022-06-01 | $365,117 (12.8%) | $453,136 (16.0%) | 0.81 | 449 |
| 2022-07-01 | $364,900 (14.1%) | $454,661 (18.5%) | 0.82 | 473 |
| 2022-08-01 | $365,818 (11.1%) | $458,219 (10.4%) | 0.85 | 458 |
| 2022-09-01 | $346,366 (7.0%) | $446,199 (5.8%) | 0.81 | 428 |
| 2022-10-01 | $379,900 (18.0%) | $470,063 (12.8%) | 0.89 | 431 |
| 2022-11-01 | $388,725 (16.6%) | $476,175 (11.9%) | 0.93 | 442 |
| 2022-12-01 | $395,000 (12.9%) | $472,056 (6.9%) | 0.98 | 390 |
| 2023-01-01 | $399,950 (8.1%) | $479,141 (-3.3%) | 0.99 | 379 |
| 2023-02-01 | $422,450 (19.0%) | $493,382 (4.2%) | 1.02 | 352 |
| 2023-03-01 | $429,309 (16.6%) | $491,567 (11.5%) | 1.01 | 369 |
| 2023-04-01 | $399,900 (6.6%) | $485,067 (6.7%) | 0.93 | 326 |
| 2023-05-01 | $399,950 (5.3%) | $471,135 (0.3%) | 0.91 | 351 |
| 2023-06-01 | $398,725 (9.2%) | $465,966 (2.8%) | 0.90 | 357 |
| 2023-07-01 | $399,000 (9.4%) | $471,760 (3.8%) | 0.91 | 351 |
| 2023-08-01 | $392,300 (7.2%) | $470,212 (2.6%) | 0.91 | 361 |
| 2023-09-01 | $399,000 (15.2%) | $470,477 (5.4%) | 0.93 | 368 |
| 2023-10-01 | $375,000 (-1.3%) | $464,265 (-1.2%) | 0.88 | 431 |
| 2023-11-01 | $399,900 (2.9%) | $484,366 (1.7%) | 0.95 | 408 |
| 2023-12-01 | $411,157 (4.1%) | $500,049 (5.9%) | 1.00 | 368 |
| 2024-01-01 | $429,900 (7.5%) | $494,847 (3.3%) | 1.05 | 332 |
| 2024-02-01 | $420,250 (-0.5%) | $495,608 (0.5%) | 1.01 | 314 |
| 2024-03-01 | $419,950 (-2.2%) | $502,502 (2.2%) | 0.99 | 298 |
| 2024-04-01 | $423,725 (6.0%) | $492,422 (1.5%) | 0.99 | 374 |
| 2024-05-01 | $438,062 (9.5%) | $504,602 (7.1%) | 1.01 | 374 |
| 2024-06-01 | $425,000 (6.6%) | $483,133 (3.7%) | 0.97 | 401 |
| 2024-07-01 | $424,975 (6.5%) | $487,514 (3.3%) | 0.97 | 441 |
| 2024-08-01 | $414,090 (5.6%) | $480,676 (2.2%) | 0.96 | 465 |
| 2024-09-01 | $403,450 (1.1%) | $474,203 (0.8%) | 0.95 | 498 |
| 2024-10-01 | $389,900 (4.0%) | $470,654 (1.4%) | 0.92 | 544 |
| 2024-11-01 | $395,000 (-1.2%) | $488,997 (1.0%) | 0.95 | 529 |
| 2024-12-01 | $414,950 (0.9%) | $509,562 (1.9%) | 1.03 | 429 |
| 2025-01-01 | $408,640 (-5.0%) | $510,563 (3.2%) | 0.00 | 390 |
Lancaster's median listing price comes in at 0% of the national average.
Lancaster's average listing price for 2025-01-01 was $510,563, a difference of $15,716 (3.2%) versus the prior year and $1,001 versus the prior month.
For the 2025-01-01 period, Lancaster had 390 MLS listings, a difference of -39 listings (-9%) versus the prior month and 58 listings (17%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Lancaster (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 86 days | 1,858 sqft |
| 2018-02-01 | 84 days | 1,892 sqft |
| 2018-03-01 | 64 days | 1,915 sqft |
| 2018-04-01 | 54 days | 1,898 sqft |
| 2018-05-01 | 53 days | 1,898 sqft |
| 2018-06-01 | 46 days | 2,046 sqft |
| 2018-07-01 | 47 days | 2,039 sqft |
| 2018-08-01 | 54 days | 2,029 sqft |
| 2018-09-01 | 58 days | 2,040 sqft |
| 2018-10-01 | 56 days | 1,992 sqft |
| 2018-11-01 | 54 days | 1,983 sqft |
| 2018-12-01 | 69 days | 1,967 sqft |
| 2019-01-01 | 71 days | 1,941 sqft |
| 2019-02-01 | 72 days | 1,958 sqft |
| 2019-03-01 | 61 days | 2,013 sqft |
| 2019-04-01 | 44 days | 2,083 sqft |
| 2019-05-01 | 40 days | 2,065 sqft |
| 2019-06-01 | 45 days | 2,043 sqft |
| 2019-07-01 | 46 days | 2,027 sqft |
| 2019-08-01 | 45 days | 2,029 sqft |
| 2019-09-01 | 45 days | 2,047 sqft |
| 2019-10-01 | 44 days | 2,058 sqft |
| 2019-11-01 | 53 days | 2,040 sqft |
| 2019-12-01 | 65 days | 2,048 sqft |
| 2020-01-01 | 71 days | 2,108 sqft |
| 2020-02-01 | 67 days | 2,160 sqft |
| 2020-03-01 | 42 days | 2,140 sqft |
| 2020-04-01 | 61 days | 2,150 sqft |
| 2020-05-01 | 68 days | 2,120 sqft |
| 2020-06-01 | 36 days | 2,145 sqft |
| 2020-07-01 | 34 days | 2,159 sqft |
| 2020-08-01 | 37 days | 2,197 sqft |
| 2020-09-01 | 37 days | 2,119 sqft |
| 2020-10-01 | 43 days | 2,046 sqft |
| 2020-11-01 | 45 days | 2,091 sqft |
| 2020-12-01 | 51 days | 2,018 sqft |
| 2021-01-01 | 52 days | 2,069 sqft |
| 2021-02-01 | 52 days | 2,113 sqft |
| 2021-03-01 | 39 days | 2,092 sqft |
| 2021-04-01 | 26 days | 2,076 sqft |
| 2021-05-01 | 29 days | 2,056 sqft |
| 2021-06-01 | 35 days | 1,913 sqft |
| 2021-07-01 | 39 days | 1,929 sqft |
| 2021-08-01 | 37 days | 1,987 sqft |
| 2021-09-01 | 42 days | 1,926 sqft |
| 2021-10-01 | 40 days | 1,970 sqft |
| 2021-11-01 | 43 days | 1,936 sqft |
| 2021-12-01 | 50 days | 1,928 sqft |
| 2022-01-01 | 48 days | 1,976 sqft |
| 2022-02-01 | 30 days | 1,959 sqft |
| 2022-03-01 | 26 days | 1,918 sqft |
| 2022-04-01 | 33 days | 1,976 sqft |
| 2022-05-01 | 30 days | 2,000 sqft |
| 2022-06-01 | 30 days | 1,966 sqft |
| 2022-07-01 | 32 days | 1,970 sqft |
| 2022-08-01 | 36 days | 1,972 sqft |
| 2022-09-01 | 41 days | 1,911 sqft |
| 2022-10-01 | 37 days | 1,969 sqft |
| 2022-11-01 | 42 days | 2,013 sqft |
| 2022-12-01 | 50 days | 1,974 sqft |
| 2023-01-01 | 54 days | 1,947 sqft |
| 2023-02-01 | 49 days | 1,972 sqft |
| 2023-03-01 | 41 days | 1,982 sqft |
| 2023-04-01 | 34 days | 2,045 sqft |
| 2023-05-01 | 29 days | 2,017 sqft |
| 2023-06-01 | 31 days | 2,052 sqft |
| 2023-07-01 | 34 days | 2,050 sqft |
| 2023-08-01 | 31 days | 1,930 sqft |
| 2023-09-01 | 31 days | 1,920 sqft |
| 2023-10-01 | 30 days | 1,929 sqft |
| 2023-11-01 | 34 days | 1,952 sqft |
| 2023-12-01 | 42 days | 1,965 sqft |
| 2024-01-01 | 47 days | 1,944 sqft |
| 2024-02-01 | 39 days | 1,982 sqft |
| 2024-03-01 | 37 days | 1,907 sqft |
| 2024-04-01 | 29 days | 1,921 sqft |
| 2024-05-01 | 29 days | 1,988 sqft |
| 2024-06-01 | 29 days | 1,928 sqft |
| 2024-07-01 | 33 days | 1,969 sqft |
| 2024-08-01 | 34 days | 1,920 sqft |
| 2024-09-01 | 37 days | 1,901 sqft |
| 2024-10-01 | 31 days | 1,879 sqft |
| 2024-11-01 | 33 days | 1,891 sqft |
| 2024-12-01 | 45 days | 1,892 sqft |
| 2025-01-01 | 0 days | 1,925 sqft |
Lancaster's median square footage for active listings during the 2025-01-01 period was 1,925 sqft. One year prior, the average listing was 1,944 sqft.