Macon USDA Loan Rates, Closing Costs & Stats
MACON-BIBB COUNTY, 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.
Macon's 13 lenders originated 17 USDA loans during 2023. The total origination value was $3,145,000, with an average USDA loan value of $185,000.
Macon USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Macon
averaged
-0.12%
for the week of 2024-11-15, compared to the national average (all USDA variants) of
0% for the same period.
Macon's average USDA mortgage closing costs are $5,087.
The average rate for the prior week (2024-11-08) was
6.44% and
one month ago for the week of 2024-10-11, the
average rate was 6%.
The average rate one year ago was 7.13%.
For refis of the same type during the week of 2024-11-15, the average rate
was 0.12%.
Macon 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 Macon level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | 3 | 6.46% | $6,812 |
| Renasant Bank | 2 | 6.25% | $5,736 |
| ACOPIA, LLC | 2 | 6.56% | $8,122 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 7.25% | $2,115 |
| FIRST COMMUNITY MORTGAGE, INC. | 1 | 6.13% | $8,789 |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | 1 | 7.50% | $10,769 |
| HOMESPIRE MORTGAGE CORPORATION | 1 | 6.25% | $4,588 |
| PLANET HOME LENDING, LLC | 1 | 6.63% | $9,915 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 5.88% | $7,194 |
| US MORTGAGE CORPORATION | 1 | 7.50% | $8,830 |
| VAN DYK MORTGAGE CORPORATION | 1 | 7.25% | $2,531 |
| BROKER SOLUTIONS, INC. | 1 | 6.75% | $8,479 |
| CROSSCOUNTRY MORTGAGE, LLC | 1 | 6.25% | $9,928 |
The top Macon USDA lender as defined by loan originations is ATLANTIC BAY MORTGAGE GROUP, L.L.C., with
3 USDA loans originated. Their average total fees are
$6,812, which is $1,075
higher than the next largest lender,
Renasant Bank.
The lowest fee Macon USDA lenders (with over 10 loans originated) are
.
The lowest rate Macon USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Macon (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 | $140,995 (1.1%) | $187,948 (-1.2%) | 0.52 | 750 |
| 2018-02-01 | $139,925 (0.0%) | $187,262 (-1.7%) | 0.51 | 763 |
| 2018-03-01 | $144,990 (-1.0%) | $194,567 (-2.6%) | 0.51 | 785 |
| 2018-04-01 | $149,700 (0.3%) | $202,669 (1.7%) | 0.51 | 815 |
| 2018-05-01 | $150,445 (0.4%) | $210,527 (6.7%) | 0.50 | 833 |
| 2018-06-01 | $157,500 (4.5%) | $215,471 (7.6%) | 0.53 | 843 |
| 2018-07-01 | $159,800 (6.6%) | $213,850 (6.8%) | 0.53 | 864 |
| 2018-08-01 | $162,300 (4.7%) | $216,747 (5.3%) | 0.54 | 878 |
| 2018-09-01 | $164,000 (9.4%) | $219,606 (8.3%) | 0.55 | 883 |
| 2018-10-01 | $165,000 (17.9%) | $219,445 (14.6%) | 0.56 | 883 |
| 2018-11-01 | $164,000 (13.3%) | $222,004 (13.2%) | 0.56 | 881 |
| 2018-12-01 | $159,500 (12.3%) | $217,171 (15.5%) | 0.55 | 850 |
| 2019-01-01 | $152,990 (8.5%) | $218,217 (16.1%) | 0.53 | 791 |
| 2019-02-01 | $153,973 (10.0%) | $219,011 (17.0%) | 0.52 | 803 |
| 2019-03-01 | $125,671 (-13.3%) | $192,902 (-0.9%) | 0.41 | 1,145 |
| 2019-04-01 | $88,850 (-40.7%) | $162,585 (-19.8%) | 0.28 | 1,605 |
| 2019-05-01 | $90,000 (-40.2%) | $166,572 (-20.9%) | 0.28 | 1,616 |
| 2019-06-01 | $172,000 (9.2%) | $242,775 (12.7%) | 0.54 | 935 |
| 2019-07-01 | $159,990 (0.1%) | $235,355 (10.1%) | 0.50 | 953 |
| 2019-08-01 | $158,602 (-2.3%) | $237,016 (9.4%) | 0.50 | 944 |
| 2019-09-01 | $156,520 (-4.6%) | $236,601 (7.7%) | 0.50 | 928 |
| 2019-10-01 | $157,631 (-4.5%) | $239,748 (9.3%) | 0.51 | 910 |
| 2019-11-01 | $159,990 (-2.5%) | $245,946 (10.8%) | 0.52 | 848 |
| 2019-12-01 | $159,900 (0.3%) | $242,357 (11.6%) | 0.53 | 825 |
| 2020-01-01 | $159,000 (3.9%) | $238,455 (9.3%) | 0.53 | 785 |
| 2020-02-01 | $152,990 (-0.6%) | $237,365 (8.4%) | 0.50 | 800 |
| 2020-03-01 | $150,990 (20.2%) | $236,197 (22.4%) | 0.47 | 779 |
| 2020-04-01 | $150,495 (69.4%) | $240,194 (47.7%) | 0.47 | 775 |
| 2020-05-01 | $158,500 (76.1%) | $254,809 (53.0%) | 0.48 | 705 |
| 2020-06-01 | $163,745 (-4.8%) | $266,163 (9.6%) | 0.48 | 594 |
| 2020-07-01 | $172,423 (7.8%) | $271,355 (15.3%) | 0.50 | 583 |
| 2020-08-01 | $179,900 (13.4%) | $281,427 (18.7%) | 0.52 | 503 |
| 2020-09-01 | $170,450 (8.9%) | $278,673 (17.8%) | 0.49 | 470 |
| 2020-10-01 | $168,995 (7.2%) | $493,202 (105.7%) | 0.48 | 464 |
| 2020-11-01 | $174,945 (9.4%) | $289,133 (17.6%) | 0.51 | 436 |
| 2020-12-01 | $182,495 (14.1%) | $298,290 (23.1%) | 0.54 | 423 |
| 2021-01-01 | $175,990 (10.7%) | $295,210 (23.8%) | 0.53 | 397 |
| 2021-02-01 | $179,300 (17.2%) | $289,626 (22.0%) | 0.52 | 348 |
| 2021-03-01 | $197,400 (30.7%) | $292,133 (23.7%) | 0.56 | 354 |
| 2021-04-01 | $198,300 (31.8%) | $295,016 (22.8%) | 0.54 | 369 |
| 2021-05-01 | $189,900 (19.8%) | $264,810 (3.9%) | 0.50 | 371 |
| 2021-06-01 | $183,445 (12.0%) | $261,830 (-1.6%) | 0.48 | 417 |
| 2021-07-01 | $190,000 (10.2%) | $261,584 (-3.6%) | 0.50 | 454 |
| 2021-08-01 | $196,373 (9.2%) | $258,634 (-8.1%) | 0.52 | 499 |
| 2021-09-01 | $208,868 (22.5%) | $327,487 (17.5%) | 0.56 | 542 |
| 2021-10-01 | $214,995 (27.2%) | $427,097 (-13.4%) | 0.57 | 492 |
| 2021-11-01 | $213,240 (21.9%) | $452,708 (56.6%) | 0.57 | 467 |
| 2021-12-01 | $207,748 (13.8%) | $472,086 (58.3%) | 0.56 | 402 |
| 2022-01-01 | $199,000 (13.1%) | $468,284 (58.6%) | 0.54 | 402 |
| 2022-02-01 | $167,550 (-6.6%) | $445,081 (53.7%) | 0.44 | 394 |
| 2022-03-01 | $169,950 (-13.9%) | $337,399 (15.5%) | 0.43 | 394 |
| 2022-04-01 | $187,900 (-5.2%) | $462,495 (56.8%) | 0.45 | 391 |
| 2022-05-01 | $214,500 (13.0%) | $572,196 (116.1%) | 0.49 | 425 |
| 2022-06-01 | $232,500 (26.7%) | $454,531 (73.6%) | 0.52 | 481 |
| 2022-07-01 | $239,990 (26.3%) | $461,285 (76.3%) | 0.54 | 516 |
| 2022-08-01 | $229,947 (17.1%) | $427,164 (65.2%) | 0.53 | 527 |
| 2022-09-01 | $235,000 (12.5%) | $396,524 (21.1%) | 0.55 | 538 |
| 2022-10-01 | $225,000 (4.7%) | $390,903 (-8.5%) | 0.53 | 562 |
| 2022-11-01 | $225,000 (5.5%) | $413,142 (-8.7%) | 0.54 | 579 |
| 2022-12-01 | $239,450 (15.3%) | $417,961 (-11.5%) | 0.59 | 561 |
| 2023-01-01 | $236,975 (19.1%) | $405,444 (-13.4%) | 0.59 | 549 |
| 2023-02-01 | $209,073 (24.8%) | $312,295 (-29.8%) | 0.50 | 531 |
| 2023-03-01 | $227,000 (33.6%) | $293,360 (-13.1%) | 0.54 | 529 |
| 2023-04-01 | $232,500 (23.7%) | $287,293 (-37.9%) | 0.54 | 545 |
| 2023-05-01 | $244,900 (14.2%) | $292,299 (-48.9%) | 0.56 | 550 |
| 2023-06-01 | $259,375 (11.6%) | $303,360 (-33.3%) | 0.58 | 562 |
| 2023-07-01 | $259,000 (7.9%) | $305,180 (-33.8%) | 0.59 | 593 |
| 2023-08-01 | $252,075 (9.6%) | $300,382 (-29.7%) | 0.58 | 645 |
| 2023-09-01 | $249,900 (6.3%) | $292,115 (-26.3%) | 0.58 | 688 |
| 2023-10-01 | $240,000 (6.7%) | $291,622 (-25.4%) | 0.56 | 726 |
| 2023-11-01 | $233,931 (4.0%) | $288,200 (-30.2%) | 0.56 | 721 |
| 2023-12-01 | $225,000 (-6.0%) | $282,654 (-32.4%) | 0.55 | 694 |
| 2024-01-01 | $229,950 (-3.0%) | $280,682 (-30.8%) | 0.56 | 683 |
| 2024-02-01 | $233,153 (11.5%) | $288,226 (-7.7%) | 0.56 | 688 |
| 2024-03-01 | $217,500 (-4.2%) | $278,287 (-5.1%) | 0.51 | 719 |
| 2024-04-01 | $223,325 (-4.0%) | $279,736 (-2.6%) | 0.52 | 747 |
| 2024-05-01 | $219,925 (-10.2%) | $286,658 (-1.9%) | 0.50 | 731 |
| 2024-06-01 | $219,950 (-15.2%) | $295,040 (-2.7%) | 0.49 | 765 |
| 2024-07-01 | $219,850 (-15.1%) | $289,157 (-5.3%) | 0.50 | 823 |
| 2024-08-01 | $220,000 (-12.7%) | $285,547 (-4.9%) | 0.51 | 838 |
| 2024-09-01 | $222,500 (-11.0%) | $283,279 (-3.0%) | 0.52 | 845 |
| 2024-10-01 | $234,450 (-2.3%) | $284,491 (-2.5%) | 0.55 | 857 |
Macon's median listing price comes in at 55% of the national average.
Macon's average listing price for 2024-10-01 was $284,491, a difference of $-7,131 (-2.5%) versus the prior year and $1,212 versus the prior month.
For the 2024-10-01 period, Macon had 857 MLS listings, a difference of 12 listings (1%) versus the prior month and 131 listings (18%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Macon (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 79 days | 1,914 sqft |
| 2018-02-01 | 82 days | 1,917 sqft |
| 2018-03-01 | 66 days | 1,981 sqft |
| 2018-04-01 | 70 days | 2,020 sqft |
| 2018-05-01 | 67 days | 2,021 sqft |
| 2018-06-01 | 73 days | 2,024 sqft |
| 2018-07-01 | 74 days | 2,021 sqft |
| 2018-08-01 | 71 days | 2,051 sqft |
| 2018-09-01 | 79 days | 2,033 sqft |
| 2018-10-01 | 83 days | 2,074 sqft |
| 2018-11-01 | 88 days | 2,052 sqft |
| 2018-12-01 | 93 days | 2,007 sqft |
| 2019-01-01 | 102 days | 1,982 sqft |
| 2019-02-01 | 97 days | 1,955 sqft |
| 2019-03-01 | 83 days | 1,969 sqft |
| 2019-04-01 | 76 days | 2,000 sqft |
| 2019-05-01 | 77 days | 2,027 sqft |
| 2019-06-01 | 74 days | 2,017 sqft |
| 2019-07-01 | 73 days | 2,007 sqft |
| 2019-08-01 | 77 days | 2,004 sqft |
| 2019-09-01 | 80 days | 1,995 sqft |
| 2019-10-01 | 85 days | 1,990 sqft |
| 2019-11-01 | 92 days | 2,007 sqft |
| 2019-12-01 | 93 days | 1,998 sqft |
| 2020-01-01 | 100 days | 1,971 sqft |
| 2020-02-01 | 84 days | 1,897 sqft |
| 2020-03-01 | 67 days | 1,886 sqft |
| 2020-04-01 | 76 days | 1,870 sqft |
| 2020-05-01 | 75 days | 1,886 sqft |
| 2020-06-01 | 81 days | 1,964 sqft |
| 2020-07-01 | 65 days | 2,070 sqft |
| 2020-08-01 | 68 days | 2,079 sqft |
| 2020-09-01 | 63 days | 1,957 sqft |
| 2020-10-01 | 59 days | 1,897 sqft |
| 2020-11-01 | 53 days | 1,902 sqft |
| 2020-12-01 | 54 days | 1,928 sqft |
| 2021-01-01 | 54 days | 1,950 sqft |
| 2021-02-01 | 50 days | 1,949 sqft |
| 2021-03-01 | 42 days | 1,961 sqft |
| 2021-04-01 | 39 days | 1,961 sqft |
| 2021-05-01 | 44 days | 1,927 sqft |
| 2021-06-01 | 38 days | 1,863 sqft |
| 2021-07-01 | 47 days | 1,866 sqft |
| 2021-08-01 | 47 days | 1,908 sqft |
| 2021-09-01 | 46 days | 1,968 sqft |
| 2021-10-01 | 51 days | 1,960 sqft |
| 2021-11-01 | 56 days | 1,972 sqft |
| 2021-12-01 | 59 days | 1,933 sqft |
| 2022-01-01 | 54 days | 1,800 sqft |
| 2022-02-01 | 36 days | 1,666 sqft |
| 2022-03-01 | 34 days | 1,671 sqft |
| 2022-04-01 | 37 days | 1,786 sqft |
| 2022-05-01 | 39 days | 1,850 sqft |
| 2022-06-01 | 33 days | 1,885 sqft |
| 2022-07-01 | 43 days | 1,886 sqft |
| 2022-08-01 | 47 days | 1,871 sqft |
| 2022-09-01 | 45 days | 1,929 sqft |
| 2022-10-01 | 43 days | 1,914 sqft |
| 2022-11-01 | 49 days | 1,920 sqft |
| 2022-12-01 | 61 days | 1,908 sqft |
| 2023-01-01 | 61 days | 1,924 sqft |
| 2023-02-01 | 52 days | 1,869 sqft |
| 2023-03-01 | 49 days | 1,877 sqft |
| 2023-04-01 | 44 days | 1,899 sqft |
| 2023-05-01 | 46 days | 1,972 sqft |
| 2023-06-01 | 48 days | 2,100 sqft |
| 2023-07-01 | 48 days | 2,100 sqft |
| 2023-08-01 | 49 days | 2,075 sqft |
| 2023-09-01 | 54 days | 1,976 sqft |
| 2023-10-01 | 56 days | 1,952 sqft |
| 2023-11-01 | 61 days | 1,909 sqft |
| 2023-12-01 | 72 days | 1,870 sqft |
| 2024-01-01 | 72 days | 1,865 sqft |
| 2024-02-01 | 58 days | 1,863 sqft |
| 2024-03-01 | 59 days | 1,782 sqft |
| 2024-04-01 | 56 days | 1,814 sqft |
| 2024-05-01 | 52 days | 1,793 sqft |
| 2024-06-01 | 50 days | 1,800 sqft |
| 2024-07-01 | 54 days | 1,800 sqft |
| 2024-08-01 | 58 days | 1,814 sqft |
| 2024-09-01 | 59 days | 1,828 sqft |
| 2024-10-01 | 60 days | 1,867 sqft |
Macon's median square footage for active listings during the 2024-10-01 period was 1,867 sqft. One year prior, the average listing was 1,952 sqft.