Lewistown USDA Loan Rates, Closing Costs & Stats
Lewistown, 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.
Lewistown's 5 lenders originated 10 USDA loans during 2023. The total origination value was $1,160,000, with an average USDA loan value of $116,000.
Lewistown USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Lewistown
averaged
6.62%
for the week of 2024-05-03, compared to the national average (all USDA variants) of
6.892% for the same period.
Lewistown's average USDA mortgage closing costs are $4,832.
The average rate for the prior week (2024-04-26) was
6.77% and
one month ago for the week of 2024-03-29, the
average rate was 6.72%.
The average rate one year ago was 6.45%.
For refis of the same type during the week of 2024-05-03, the average rate
was 7.09%.
Lewistown 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 Lewistown level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Equity Prime Mortgage LLC | 4 | 7.13% | $4,621 |
| UNITED WHOLESALE MORTGAGE, LLC | 2 | 6.31% | $5,028 |
| First National Bank of Pennsylvania | 1 | 5.38% | $3,955 |
| Kish Bank | 1 | 6.50% | $4,411 |
| Plains Commerce Bank | 1 | 6.25% | $4,037 |
The top Lewistown USDA lender as defined by loan originations is Equity Prime Mortgage LLC, with
4 USDA loans originated. Their average total fees are
$4,621, which is $406
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Lewistown USDA lenders (with over 10 loans originated) are
.
The lowest rate Lewistown USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Lewistown (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 | $107,000 (-1.7%) | $133,166 (-4.9%) | 0.00 | 145 |
| 2018-02-01 | $107,000 (1.7%) | $130,133 (-5.0%) | 0.00 | 158 |
| 2018-03-01 | $119,000 (9.7%) | $130,242 (-3.2%) | 0.00 | 153 |
| 2018-04-01 | $114,725 (2.2%) | $130,943 (-6.2%) | 0.00 | 141 |
| 2018-05-01 | $120,000 (4.4%) | $133,078 (-6.0%) | 0.00 | 130 |
| 2018-06-01 | $109,900 (-5.3%) | $129,765 (-8.9%) | 0.00 | 131 |
| 2018-07-01 | $129,925 (13.0%) | $139,124 (-1.3%) | 0.00 | 126 |
| 2018-08-01 | $126,850 (5.8%) | $139,314 (-0.8%) | 0.00 | 130 |
| 2018-09-01 | $119,900 (-1.6%) | $130,682 (-6.3%) | 0.00 | 132 |
| 2018-10-01 | $123,750 (3.6%) | $137,559 (-0.5%) | 0.00 | 130 |
| 2018-11-01 | $120,375 (6.1%) | $134,617 (0.5%) | 0.00 | 135 |
| 2018-12-01 | $109,900 (-5.9%) | $125,933 (-7.0%) | 0.00 | 130 |
| 2019-01-01 | $103,225 (-3.5%) | $119,433 (-10.3%) | 0.00 | 142 |
| 2019-02-01 | $104,500 (-2.3%) | $121,929 (-6.3%) | 0.00 | 133 |
| 2019-03-01 | $105,714 (-11.2%) | $127,939 (-1.8%) | 0.00 | 127 |
| 2019-04-01 | $104,964 (-8.5%) | $134,207 (2.5%) | 0.00 | 111 |
| 2019-05-01 | $127,400 (6.2%) | $144,647 (8.7%) | 0.00 | 102 |
| 2019-06-01 | $120,000 (9.2%) | $144,182 (11.1%) | 0.00 | 98 |
| 2019-07-01 | $121,725 (-6.3%) | $138,674 (-0.3%) | 0.00 | 109 |
| 2019-08-01 | $115,391 (-9.0%) | $134,990 (-3.1%) | 0.00 | 107 |
| 2019-09-01 | $117,927 (-1.7%) | $139,072 (6.4%) | 0.00 | 102 |
| 2019-10-01 | $119,618 (-3.3%) | $141,299 (2.7%) | 0.00 | 97 |
| 2019-11-01 | $90,500 (-24.8%) | $126,770 (-5.8%) | 0.00 | 92 |
| 2019-12-01 | $97,925 (-10.9%) | $126,878 (0.8%) | 0.00 | 87 |
| 2020-01-01 | $98,075 (-5.0%) | $127,575 (6.8%) | 0.00 | 72 |
| 2020-02-01 | $92,500 (-11.5%) | $137,463 (12.7%) | 0.00 | 64 |
| 2020-03-01 | $112,225 (6.2%) | $137,512 (7.5%) | 0.00 | 68 |
| 2020-04-01 | $113,125 (7.8%) | $147,567 (10.0%) | 0.00 | 67 |
| 2020-05-01 | $110,000 (-13.7%) | $152,226 (5.2%) | 0.00 | 62 |
| 2020-06-01 | $110,000 (-8.3%) | $143,002 (-0.8%) | 0.00 | 68 |
| 2020-07-01 | $124,900 (2.6%) | $143,678 (3.6%) | 0.00 | 63 |
| 2020-08-01 | $125,000 (8.3%) | $156,251 (15.8%) | 0.00 | 54 |
| 2020-09-01 | $128,175 (8.7%) | $171,246 (23.1%) | 0.00 | 52 |
| 2020-10-01 | $120,000 (0.3%) | $156,396 (10.7%) | 0.00 | 50 |
| 2020-11-01 | $126,236 (39.5%) | $156,494 (23.5%) | 0.00 | 44 |
| 2020-12-01 | $126,236 (28.9%) | $150,400 (18.5%) | 0.00 | 36 |
| 2021-01-01 | $139,950 (42.7%) | $168,542 (32.1%) | 0.00 | 35 |
| 2021-02-01 | $138,700 (50.0%) | $168,183 (22.4%) | 0.00 | 34 |
| 2021-03-01 | $143,725 (28.1%) | $168,562 (22.6%) | 0.00 | 27 |
| 2021-04-01 | $135,000 (19.3%) | $156,138 (5.8%) | 0.00 | 25 |
| 2021-05-01 | $125,618 (14.2%) | $156,689 (2.9%) | 0.00 | 26 |
| 2021-06-01 | $125,618 (14.2%) | $174,857 (22.3%) | 0.00 | 27 |
| 2021-07-01 | $125,000 (0.1%) | $180,099 (25.4%) | 0.00 | 38 |
| 2021-08-01 | $132,809 (6.3%) | $183,012 (17.1%) | 0.00 | 47 |
| 2021-09-01 | $135,000 (5.3%) | $183,369 (7.1%) | 0.00 | 47 |
| 2021-10-01 | $135,000 (12.5%) | $169,105 (8.1%) | 0.00 | 45 |
| 2021-11-01 | $134,000 (6.2%) | $179,136 (14.5%) | 0.00 | 39 |
| 2021-12-01 | $139,700 (10.7%) | $178,387 (18.6%) | 0.00 | 37 |
| 2022-01-01 | $169,000 (20.8%) | $207,071 (22.9%) | 0.00 | 31 |
| 2022-02-01 | $170,900 (23.2%) | $215,499 (28.1%) | 0.00 | 27 |
| 2022-03-01 | $166,475 (15.8%) | $214,198 (27.1%) | 0.00 | 29 |
| 2022-04-01 | $181,990 (34.8%) | $214,584 (37.4%) | 0.00 | 37 |
| 2022-05-01 | $176,425 (40.5%) | $215,621 (37.6%) | 0.00 | 35 |
| 2022-06-01 | $166,175 (32.3%) | $198,111 (13.3%) | 0.00 | 36 |
| 2022-07-01 | $159,000 (27.2%) | $183,262 (1.8%) | 0.00 | 42 |
| 2022-08-01 | $166,175 (25.1%) | $217,388 (18.8%) | 0.00 | 41 |
| 2022-09-01 | $142,625 (5.7%) | $200,693 (9.5%) | 0.00 | 45 |
| 2022-10-01 | $172,500 (27.8%) | $209,785 (24.1%) | 0.00 | 39 |
| 2022-11-01 | $174,925 (30.5%) | $209,059 (16.7%) | 0.00 | 40 |
| 2022-12-01 | $145,000 (3.8%) | $193,462 (8.5%) | 0.00 | 44 |
| 2023-01-01 | $141,150 (-16.5%) | $195,689 (-5.5%) | 0.00 | 40 |
| 2023-02-01 | $152,225 (-10.9%) | $186,620 (-13.4%) | 0.00 | 29 |
| 2023-03-01 | $146,500 (-12.0%) | $213,694 (-0.2%) | 0.00 | 26 |
| 2023-04-01 | $146,950 (-19.3%) | $197,479 (-8.0%) | 0.00 | 28 |
| 2023-05-01 | $217,400 (23.2%) | $223,039 (3.4%) | 0.00 | 22 |
| 2023-06-01 | $219,900 (32.3%) | $240,592 (21.4%) | 0.00 | 28 |
| 2023-07-01 | $222,450 (39.9%) | $245,243 (33.8%) | 0.00 | 32 |
| 2023-08-01 | $202,175 (21.7%) | $205,521 (-5.5%) | 0.00 | 32 |
| 2023-09-01 | $184,950 (29.7%) | $198,426 (-1.1%) | 0.00 | 30 |
| 2023-10-01 | $129,900 (-24.7%) | $180,129 (-14.1%) | 0.00 | 51 |
| 2023-11-01 | $128,450 (-26.6%) | $181,345 (-13.3%) | 0.00 | 49 |
| 2023-12-01 | $174,900 (20.6%) | $191,716 (-0.9%) | 0.00 | 47 |
| 2024-01-01 | $172,400 (22.1%) | $189,735 (-3.0%) | 0.00 | 47 |
| 2024-02-01 | $191,175 (25.6%) | $204,033 (9.3%) | 0.00 | 43 |
| 2024-03-01 | $224,900 (53.5%) | $209,566 (-1.9%) | 0.00 | 53 |
| 2024-04-01 | $221,175 (50.5%) | $230,345 (16.6%) | 0.00 | 47 |
Lewistown's median listing price comes in at 0% of the national average.
Lewistown's average listing price for 2024-04-01 was $230,345, a difference of $32,866 (16.6%) versus the prior year and $20,779 versus the prior month.
For the 2024-04-01 period, Lewistown had 47 MLS listings, a difference of -6 listings (-11%) versus the prior month and 19 listings (68%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Lewistown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,415 sqft |
| 2018-02-01 | 0 days | 1,412 sqft |
| 2018-03-01 | 0 days | 1,387 sqft |
| 2018-04-01 | 0 days | 1,408 sqft |
| 2018-05-01 | 0 days | 1,419 sqft |
| 2018-06-01 | 0 days | 1,422 sqft |
| 2018-07-01 | 0 days | 1,410 sqft |
| 2018-08-01 | 0 days | 1,388 sqft |
| 2018-09-01 | 0 days | 1,392 sqft |
| 2018-10-01 | 0 days | 1,516 sqft |
| 2018-11-01 | 0 days | 1,496 sqft |
| 2018-12-01 | 0 days | 1,413 sqft |
| 2019-01-01 | 0 days | 1,445 sqft |
| 2019-02-01 | 0 days | 1,416 sqft |
| 2019-03-01 | 0 days | 1,400 sqft |
| 2019-04-01 | 0 days | 1,392 sqft |
| 2019-05-01 | 0 days | 1,469 sqft |
| 2019-06-01 | 0 days | 1,456 sqft |
| 2019-07-01 | 0 days | 1,365 sqft |
| 2019-08-01 | 0 days | 1,346 sqft |
| 2019-09-01 | 0 days | 1,349 sqft |
| 2019-10-01 | 0 days | 1,352 sqft |
| 2019-11-01 | 0 days | 1,352 sqft |
| 2019-12-01 | 0 days | 1,418 sqft |
| 2020-01-01 | 0 days | 1,415 sqft |
| 2020-02-01 | 0 days | 1,436 sqft |
| 2020-03-01 | 0 days | 1,450 sqft |
| 2020-04-01 | 0 days | 1,452 sqft |
| 2020-05-01 | 0 days | 1,482 sqft |
| 2020-06-01 | 0 days | 1,441 sqft |
| 2020-07-01 | 0 days | 1,459 sqft |
| 2020-08-01 | 0 days | 1,482 sqft |
| 2020-09-01 | 0 days | 1,541 sqft |
| 2020-10-01 | 0 days | 1,658 sqft |
| 2020-11-01 | 0 days | 1,858 sqft |
| 2020-12-01 | 0 days | 1,826 sqft |
| 2021-01-01 | 0 days | 2,008 sqft |
| 2021-02-01 | 0 days | 2,045 sqft |
| 2021-03-01 | 0 days | 2,042 sqft |
| 2021-04-01 | 0 days | 1,866 sqft |
| 2021-05-01 | 0 days | 1,684 sqft |
| 2021-06-01 | 0 days | 1,462 sqft |
| 2021-07-01 | 0 days | 1,533 sqft |
| 2021-08-01 | 0 days | 1,492 sqft |
| 2021-09-01 | 0 days | 1,483 sqft |
| 2021-10-01 | 0 days | 1,474 sqft |
| 2021-11-01 | 0 days | 1,527 sqft |
| 2021-12-01 | 0 days | 1,508 sqft |
| 2022-01-01 | 0 days | 1,517 sqft |
| 2022-02-01 | 0 days | 1,664 sqft |
| 2022-03-01 | 0 days | 1,700 sqft |
| 2022-04-01 | 0 days | 1,684 sqft |
| 2022-05-01 | 0 days | 1,634 sqft |
| 2022-06-01 | 0 days | 1,550 sqft |
| 2022-07-01 | 0 days | 1,680 sqft |
| 2022-08-01 | 0 days | 1,548 sqft |
| 2022-09-01 | 0 days | 1,438 sqft |
| 2022-10-01 | 0 days | 1,599 sqft |
| 2022-11-01 | 0 days | 1,487 sqft |
| 2022-12-01 | 0 days | 1,500 sqft |
| 2023-01-01 | 0 days | 1,500 sqft |
| 2023-02-01 | 0 days | 1,408 sqft |
| 2023-03-01 | 0 days | 1,533 sqft |
| 2023-04-01 | 0 days | 1,495 sqft |
| 2023-05-01 | 0 days | 1,483 sqft |
| 2023-06-01 | 0 days | 1,495 sqft |
| 2023-07-01 | 0 days | 1,844 sqft |
| 2023-08-01 | 0 days | 1,510 sqft |
| 2023-09-01 | 0 days | 1,564 sqft |
| 2023-10-01 | 0 days | 1,399 sqft |
| 2023-11-01 | 0 days | 1,431 sqft |
| 2023-12-01 | 0 days | 1,540 sqft |
| 2024-01-01 | 0 days | 1,658 sqft |
| 2024-02-01 | 0 days | 1,637 sqft |
| 2024-03-01 | 0 days | 1,432 sqft |
| 2024-04-01 | 0 days | 1,362 sqft |
Lewistown's median square footage for active listings during the 2024-04-01 period was 1,362 sqft. One year prior, the average listing was 1,495 sqft.