Mccomb USDA Loan Rates, Closing Costs & Stats

McComb, MS

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.

Mccomb's 9 lenders originated 16 USDA loans during 2023. The total origination value was $2,170,000, with an average USDA loan value of $135,625.

Mccomb USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Mccomb averaged -0.09% for the week of 2024-11-29, compared to the national average (all USDA variants) of 0% for the same period.

Mccomb's average USDA mortgage closing costs are $4,926.

The average rate for the prior week (2024-11-22) was 6.51% and one month ago for the week of 2024-10-25, the average rate was 6.11%.

The average rate one year ago was 6.92%.

For refis of the same type during the week of 2024-11-29, the average rate was 0%.

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

Mccomb 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 Mccomb level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
FIDELITY BANK 6 6.83% $5,788
OPEN MORTGAGE, LLC 2 6.81% $5,489
CROSSCOUNTRY MORTGAGE, LLC 2 7.00% $6,996
MID AMERICA MORTGAGE, INC. 1 8.13% $6,467
STOCKTON MORTGAGE CORPORATION 1 7.13% $5,229
AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.75% $7,243
Trustmark National Bank 1 6.63% $4,460
Bank of England 1 6.25% $6,857
GMFS LLC 1 5.99% $6,758

The top Mccomb USDA lender as defined by loan originations is FIDELITY BANK, with 6 USDA loans originated. Their average total fees are $5,788, which is $299 higher than the next largest lender, OPEN MORTGAGE, LLC.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Mccomb (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 $129,000 (-8.2%) $166,097 (-6.8%) 0.00 205
2018-02-01 $125,000 (-11.7%) $165,319 (-6.0%) 0.00 204
2018-03-01 $120,900 (-19.4%) $158,267 (-12.0%) 0.00 215
2018-04-01 $119,900 (-19.5%) $159,152 (-11.0%) 0.00 227
2018-05-01 $115,725 (-18.8%) $151,984 (-15.1%) 0.00 228
2018-06-01 $119,950 (-14.3%) $156,600 (-11.4%) 0.00 242
2018-07-01 $124,450 (-10.1%) $164,775 (-4.5%) 0.00 254
2018-08-01 $122,450 (-12.5%) $165,346 (-6.6%) 0.00 257
2018-09-01 $124,450 (-4.2%) $164,548 (-2.4%) 0.00 265
2018-10-01 $120,875 (-7.9%) $165,569 (-2.0%) 0.00 262
2018-11-01 $119,600 (-7.5%) $166,565 (-1.5%) 0.00 258
2018-12-01 $123,500 (-6.3%) $169,838 (-1.3%) 0.00 260
2019-01-01 $119,750 (-7.2%) $169,368 (2.0%) 0.00 247
2019-02-01 $126,850 (1.5%) $171,827 (3.9%) 0.00 247
2019-03-01 $129,214 (6.9%) $173,329 (9.5%) 0.00 234
2019-04-01 $129,214 (7.8%) $171,266 (7.6%) 0.00 223
2019-05-01 $129,075 (11.5%) $169,570 (11.6%) 0.00 217
2019-06-01 $129,700 (8.1%) $171,319 (9.4%) 0.00 201
2019-07-01 $120,000 (-3.6%) $165,807 (0.6%) 0.00 200
2019-08-01 $122,509 (0.1%) $168,534 (1.9%) 0.00 199
2019-09-01 $126,273 (1.5%) $171,374 (4.2%) 0.00 195
2019-10-01 $128,782 (6.5%) $175,448 (6.0%) 0.00 187
2019-11-01 $125,000 (4.5%) $174,890 (5.0%) 0.00 182
2019-12-01 $125,000 (1.2%) $173,847 (2.4%) 0.00 186
2020-01-01 $124,950 (4.3%) $174,308 (2.9%) 0.00 181
2020-02-01 $125,000 (-1.5%) $177,146 (3.1%) 0.00 180
2020-03-01 $131,625 (1.9%) $184,408 (6.4%) 0.00 178
2020-04-01 $129,950 (0.6%) $184,452 (7.7%) 0.00 174
2020-05-01 $130,000 (0.7%) $183,893 (8.5%) 0.00 159
2020-06-01 $129,250 (-0.4%) $183,608 (7.2%) 0.00 155
2020-07-01 $129,700 (8.1%) $187,984 (13.4%) 0.00 139
2020-08-01 $129,900 (6.0%) $190,015 (12.8%) 0.00 143
2020-09-01 $149,900 (18.7%) $208,916 (21.9%) 0.00 132
2020-10-01 $149,900 (16.4%) $212,579 (21.2%) 0.00 124
2020-11-01 $152,000 (21.6%) $215,841 (23.4%) 0.00 121
2020-12-01 $153,500 (22.8%) $222,085 (27.8%) 0.00 109
2021-01-01 $168,000 (34.5%) $229,842 (31.9%) 0.00 105
2021-02-01 $169,500 (35.6%) $232,377 (31.2%) 0.00 94
2021-03-01 $192,200 (46.0%) $252,734 (37.1%) 0.00 81
2021-04-01 $192,475 (48.1%) $276,536 (49.9%) 0.00 69
2021-05-01 $175,000 (34.6%) $265,771 (44.5%) 0.00 61
2021-06-01 $175,000 (35.4%) $267,881 (45.9%) 0.00 69
2021-07-01 $169,000 (30.3%) $244,320 (30.0%) 0.00 74
2021-08-01 $149,900 (15.4%) $231,497 (21.8%) 0.00 74
2021-09-01 $139,475 (-7.0%) $225,616 (8.0%) 0.00 78
2021-10-01 $154,450 (3.0%) $237,837 (11.9%) 0.00 81
2021-11-01 $180,000 (18.4%) $253,420 (17.4%) 0.00 70
2021-12-01 $189,750 (23.6%) $258,412 (16.4%) 0.00 69
2022-01-01 $175,000 (4.2%) $248,041 (7.9%) 0.00 64
2022-02-01 $179,500 (5.9%) $266,295 (14.6%) 0.00 51
2022-03-01 $173,425 (-9.8%) $266,341 (5.4%) 0.00 51
2022-04-01 $175,000 (-9.1%) $270,012 (-2.4%) 0.00 41
2022-05-01 $171,825 (-1.8%) $255,388 (-3.9%) 0.00 55
2022-06-01 $174,375 (-0.4%) $243,010 (-9.3%) 0.00 68
2022-07-01 $188,485 (11.5%) $239,970 (-1.8%) 0.00 66
2022-08-01 $194,900 (30.0%) $252,034 (8.9%) 0.00 65
2022-09-01 $194,725 (39.6%) $344,588 (52.7%) 0.00 69
2022-10-01 $189,500 (22.7%) $315,168 (32.5%) 0.00 82
2022-11-01 $186,375 (3.5%) $293,260 (15.7%) 0.00 85
2022-12-01 $189,500 (-0.1%) $269,839 (4.4%) 0.00 87
2023-01-01 $174,175 (-0.5%) $271,286 (9.4%) 0.00 82
2023-02-01 $164,250 (-8.5%) $248,712 (-6.6%) 0.00 83
2023-03-01 $166,825 (-3.8%) $257,316 (-3.4%) 0.00 84
2023-04-01 $170,000 (-2.9%) $255,541 (-5.4%) 0.00 88
2023-05-01 $169,225 (-1.5%) $242,958 (-4.9%) 0.00 93
2023-06-01 $178,625 (2.4%) $240,068 (-1.2%) 0.00 94
2023-07-01 $190,950 (1.3%) $246,399 (2.7%) 0.00 94
2023-08-01 $180,725 (-7.3%) $234,429 (-7.0%) 0.00 95
2023-09-01 $166,750 (-14.4%) $217,981 (-36.7%) 0.00 101
2023-10-01 $165,000 (-12.9%) $214,631 (-31.9%) 0.00 102
2023-11-01 $178,675 (-4.1%) $223,263 (-23.9%) 0.00 106
2023-12-01 $175,000 (-7.7%) $223,390 (-17.2%) 0.00 101
2024-01-01 $173,725 (-0.3%) $229,279 (-15.5%) 0.00 99
2024-02-01 $179,900 (9.5%) $244,709 (-1.6%) 0.00 91
2024-03-01 $197,250 (18.2%) $237,129 (-7.8%) 0.00 86
2024-04-01 $191,125 (12.4%) $236,115 (-7.6%) 0.00 80
2024-05-01 $199,000 (17.6%) $250,621 (3.2%) 0.00 78
2024-06-01 $185,000 (3.6%) $239,507 (-0.2%) 0.00 74
2024-07-01 $219,625 (15.0%) $252,732 (2.6%) 0.00 82
2024-08-01 $214,250 (18.6%) $243,124 (3.7%) 0.00 85
2024-09-01 $199,125 (19.4%) $229,497 (5.3%) 0.00 82
2024-10-01 $189,225 (14.7%) $220,558 (2.8%) 0.00 80
Mccomb's median listing price for 2024-10-01 was $189,225, a difference of $24,225 (14.7%) versus the prior year and $-9,900 versus the prior month.

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

Mccomb's average listing price for 2024-10-01 was $220,558, a difference of $5,927 (2.8%) versus the prior year and $-8,939 versus the prior month.

For the 2024-10-01 period, Mccomb had 80 MLS listings, a difference of -2 listings (-2%) versus the prior month and -22 listings (-22%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Mccomb (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,936 sqft
2018-02-01 0 days 1,940 sqft
2018-03-01 0 days 1,900 sqft
2018-04-01 0 days 1,906 sqft
2018-05-01 0 days 1,903 sqft
2018-06-01 0 days 1,907 sqft
2018-07-01 0 days 1,929 sqft
2018-08-01 0 days 1,927 sqft
2018-09-01 0 days 1,901 sqft
2018-10-01 0 days 1,888 sqft
2018-11-01 0 days 1,870 sqft
2018-12-01 0 days 1,872 sqft
2019-01-01 0 days 1,883 sqft
2019-02-01 0 days 1,881 sqft
2019-03-01 0 days 1,875 sqft
2019-04-01 0 days 1,856 sqft
2019-05-01 0 days 1,843 sqft
2019-06-01 0 days 1,840 sqft
2019-07-01 0 days 1,810 sqft
2019-08-01 0 days 1,818 sqft
2019-09-01 0 days 1,830 sqft
2019-10-01 0 days 1,861 sqft
2019-11-01 0 days 1,894 sqft
2019-12-01 0 days 1,892 sqft
2020-01-01 0 days 1,891 sqft
2020-02-01 0 days 1,895 sqft
2020-03-01 0 days 1,894 sqft
2020-04-01 0 days 1,892 sqft
2020-05-01 0 days 1,896 sqft
2020-06-01 0 days 1,920 sqft
2020-07-01 0 days 1,972 sqft
2020-08-01 0 days 1,999 sqft
2020-09-01 0 days 2,149 sqft
2020-10-01 0 days 2,118 sqft
2020-11-01 0 days 2,144 sqft
2020-12-01 0 days 2,187 sqft
2021-01-01 0 days 2,256 sqft
2021-02-01 0 days 2,219 sqft
2021-03-01 0 days 2,251 sqft
2021-04-01 0 days 2,246 sqft
2021-05-01 0 days 2,120 sqft
2021-06-01 0 days 2,268 sqft
2021-07-01 0 days 2,004 sqft
2021-08-01 0 days 1,940 sqft
2021-09-01 0 days 1,900 sqft
2021-10-01 0 days 2,004 sqft
2021-11-01 0 days 2,009 sqft
2021-12-01 0 days 2,132 sqft
2022-01-01 0 days 2,417 sqft
2022-02-01 0 days 2,159 sqft
2022-03-01 0 days 2,012 sqft
2022-04-01 0 days 2,008 sqft
2022-05-01 0 days 2,022 sqft
2022-06-01 0 days 2,003 sqft
2022-07-01 0 days 2,000 sqft
2022-08-01 0 days 2,000 sqft
2022-09-01 0 days 2,035 sqft
2022-10-01 0 days 2,014 sqft
2022-11-01 0 days 2,006 sqft
2022-12-01 0 days 2,004 sqft
2023-01-01 0 days 2,014 sqft
2023-02-01 0 days 2,011 sqft
2023-03-01 0 days 2,015 sqft
2023-04-01 0 days 2,069 sqft
2023-05-01 0 days 2,014 sqft
2023-06-01 0 days 2,052 sqft
2023-07-01 0 days 2,030 sqft
2023-08-01 0 days 2,033 sqft
2023-09-01 0 days 1,906 sqft
2023-10-01 0 days 1,913 sqft
2023-11-01 0 days 1,946 sqft
2023-12-01 0 days 1,953 sqft
2024-01-01 0 days 1,894 sqft
2024-02-01 0 days 1,885 sqft
2024-03-01 0 days 1,936 sqft
2024-04-01 0 days 1,985 sqft
2024-05-01 0 days 2,145 sqft
2024-06-01 0 days 2,200 sqft
2024-07-01 0 days 2,247 sqft
2024-08-01 0 days 2,138 sqft
2024-09-01 0 days 2,035 sqft
2024-10-01 0 days 2,023 sqft
Mccomb's median listing age (time on market) for 2024-10-01 was 0 days.

Mccomb's median square footage for active listings during the 2024-10-01 period was 2,023 sqft. One year prior, the average listing was 1,913 sqft.