Meadville USDA Loan Rates, Closing Costs & Stats

Meadville, PA

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    • 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.

    Meadville's 11 lenders originated 19 USDA loans during 2023. The total origination value was $2,425,000, with an average USDA loan value of $127,632.

    Meadville USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Meadville averaged 6.35% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    Meadville's average USDA mortgage closing costs are $5,331.

    The average rate for the prior week (2024-12-06) was 6.39% and one month ago for the week of 2024-11-08, the average rate was 6.6%.

    The average rate one year ago was 6.77%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.5%.

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

    Meadville 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 Meadville level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    AMERICAN FINANCIAL RESOURCES, INC. 4 6.31% $7,306
    UNION HOME MORTGAGE CORP. 3 6.38% $8,322
    UNITED WHOLESALE MORTGAGE, LLC 3 5.33% $7,953
    Paramount Residential Mortgage Group, Inc. 2 6.31% $4,491
    AFFORDABLE MORTGAGE ADVISORS, LLC. 1 6.75% $4,418
    Flagstar Bank, FSB 1 6.75% $4,294
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.38% $2,725
    First National Bank of Pennsylvania 1 6.38% $5,135
    Bank of England 1 6.25% $6,108
    CARDINAL FINANCIAL 1 7.13% $4,231
    Carrington Mortgage Services, LLC 1 6.63% $10,891

    The top Meadville USDA lender as defined by loan originations is AMERICAN FINANCIAL RESOURCES, INC., with 4 USDA loans originated. Their average total fees are $7,306, which is $1,017 lower than the next largest lender, UNION HOME MORTGAGE CORP..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Meadville (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 $112,450 (-6.6%) $158,179 (-0.4%) 0.00 330
    2018-02-01 $107,750 (-10.2%) $155,248 (-6.7%) 0.00 339
    2018-03-01 $112,750 (-6.0%) $159,254 (-4.9%) 0.00 350
    2018-04-01 $116,250 (-3.9%) $165,428 (-2.4%) 0.00 347
    2018-05-01 $116,250 (-8.1%) $163,935 (-0.6%) 0.00 368
    2018-06-01 $119,900 (-0.5%) $165,581 (0.8%) 0.00 379
    2018-07-01 $124,950 (-1.6%) $167,905 (-1.6%) 0.00 382
    2018-08-01 $126,500 (-0.4%) $167,673 (-0.8%) 0.00 395
    2018-09-01 $125,000 (2.5%) $163,301 (-4.8%) 0.00 397
    2018-10-01 $125,000 (5.3%) $167,639 (0.0%) 0.00 396
    2018-11-01 $125,500 (5.5%) $171,921 (3.1%) 0.00 376
    2018-12-01 $125,000 (7.3%) $169,463 (4.1%) 0.00 367
    2019-01-01 $127,450 (13.3%) $168,352 (6.4%) 0.00 352
    2019-02-01 $122,575 (13.8%) $167,128 (7.7%) 0.00 338
    2019-03-01 $122,857 (9.0%) $163,122 (2.4%) 0.00 325
    2019-04-01 $125,000 (7.5%) $163,454 (-1.2%) 0.00 316
    2019-05-01 $128,988 (11.0%) $169,726 (3.5%) 0.00 326
    2019-06-01 $129,450 (8.0%) $172,741 (4.3%) 0.00 320
    2019-07-01 $138,500 (10.8%) $175,273 (4.4%) 0.00 334
    2019-08-01 $136,736 (8.1%) $171,856 (2.5%) 0.00 335
    2019-09-01 $132,666 (6.1%) $167,249 (2.4%) 0.00 330
    2019-10-01 $129,000 (3.2%) $163,108 (-2.7%) 0.00 325
    2019-11-01 $124,900 (-0.5%) $163,082 (-5.1%) 0.00 312
    2019-12-01 $126,750 (1.4%) $163,707 (-3.4%) 0.00 273
    2020-01-01 $125,800 (-1.3%) $162,852 (-3.3%) 0.00 258
    2020-02-01 $127,500 (4.0%) $161,706 (-3.2%) 0.00 249
    2020-03-01 $131,000 (6.6%) $167,172 (2.5%) 0.00 241
    2020-04-01 $129,750 (3.8%) $165,768 (1.4%) 0.00 237
    2020-05-01 $140,000 (8.5%) $173,916 (2.5%) 0.00 227
    2020-06-01 $149,450 (15.5%) $182,254 (5.5%) 0.00 221
    2020-07-01 $149,450 (7.9%) $183,444 (4.7%) 0.00 205
    2020-08-01 $139,000 (1.7%) $185,030 (7.7%) 0.00 187
    2020-09-01 $145,000 (9.3%) $189,406 (13.3%) 0.00 160
    2020-10-01 $138,250 (7.2%) $177,106 (8.6%) 0.00 162
    2020-11-01 $136,875 (9.6%) $182,759 (12.1%) 0.00 150
    2020-12-01 $134,975 (6.5%) $183,456 (12.1%) 0.00 135
    2021-01-01 $132,350 (5.2%) $189,065 (16.1%) 0.00 117
    2021-02-01 $130,300 (2.2%) $197,770 (22.3%) 0.00 96
    2021-03-01 $127,400 (-2.8%) $195,693 (17.1%) 0.00 77
    2021-04-01 $132,450 (2.1%) $218,785 (32.0%) 0.00 70
    2021-05-01 $148,500 (6.1%) $220,070 (26.5%) 0.00 91
    2021-06-01 $154,900 (3.7%) $230,720 (26.6%) 0.00 102
    2021-07-01 $159,900 (7.0%) $221,854 (20.9%) 0.00 110
    2021-08-01 $153,225 (10.2%) $216,785 (17.2%) 0.00 121
    2021-09-01 $161,950 (11.7%) $216,742 (14.4%) 0.00 110
    2021-10-01 $140,000 (1.3%) $197,775 (11.7%) 0.00 113
    2021-11-01 $150,425 (9.9%) $204,803 (12.1%) 0.00 102
    2021-12-01 $139,975 (3.7%) $203,841 (11.1%) 0.00 98
    2022-01-01 $139,900 (5.7%) $207,749 (9.9%) 0.00 92
    2022-02-01 $133,725 (2.6%) $189,928 (-4.0%) 0.00 83
    2022-03-01 $130,000 (2.0%) $193,930 (-0.9%) 0.00 77
    2022-04-01 $137,450 (3.8%) $195,439 (-10.7%) 0.00 82
    2022-05-01 $145,333 (-2.1%) $210,612 (-4.3%) 0.00 87
    2022-06-01 $164,400 (6.1%) $223,961 (-2.9%) 0.00 102
    2022-07-01 $149,900 (-6.3%) $226,889 (2.3%) 0.00 119
    2022-08-01 $154,925 (1.1%) $223,453 (3.1%) 0.00 124
    2022-09-01 $182,950 (13.0%) $231,926 (7.0%) 0.00 119
    2022-10-01 $180,000 (28.6%) $262,307 (32.6%) 0.00 122
    2022-11-01 $188,250 (25.2%) $274,907 (34.2%) 0.00 109
    2022-12-01 $180,000 (28.6%) $270,796 (32.9%) 0.00 103
    2023-01-01 $165,800 (18.5%) $267,988 (29.0%) 0.00 92
    2023-02-01 $158,500 (18.5%) $265,930 (40.0%) 0.00 81
    2023-03-01 $172,250 (32.5%) $308,561 (59.1%) 0.00 73
    2023-04-01 $225,000 (63.7%) $370,159 (89.4%) 0.00 68
    2023-05-01 $211,150 (45.3%) $358,081 (70.0%) 0.00 75
    2023-06-01 $229,950 (39.9%) $351,247 (56.8%) 0.00 84
    2023-07-01 $204,950 (36.7%) $332,683 (46.6%) 0.00 88
    2023-08-01 $186,000 (20.1%) $289,282 (29.5%) 0.00 108
    2023-09-01 $172,400 (-5.8%) $236,178 (1.8%) 0.00 103
    2023-10-01 $179,000 (-0.6%) $258,811 (-1.3%) 0.00 105
    2023-11-01 $171,200 (-9.1%) $255,914 (-6.9%) 0.00 104
    2023-12-01 $169,900 (-5.6%) $232,604 (-14.1%) 0.00 98
    2024-01-01 $172,500 (4.0%) $234,711 (-12.4%) 0.00 99
    2024-02-01 $170,600 (7.6%) $243,028 (-8.6%) 0.00 97
    2024-03-01 $190,000 (10.3%) $262,511 (-14.9%) 0.00 90
    2024-04-01 $209,950 (-6.7%) $282,328 (-23.7%) 0.00 89
    2024-05-01 $189,450 (-10.3%) $274,425 (-23.4%) 0.00 98
    2024-06-01 $222,400 (-3.3%) $281,018 (-20.0%) 0.00 90
    2024-07-01 $231,675 (13.0%) $297,555 (-10.6%) 0.00 99
    2024-08-01 $220,000 (18.3%) $281,659 (-2.6%) 0.00 105
    2024-09-01 $223,350 (29.6%) $315,547 (33.6%) 0.00 113
    2024-10-01 $227,800 (27.3%) $314,851 (21.7%) 0.00 111
    2024-11-01 $224,750 (31.3%) $307,144 (20.0%) 0.00 117
    Meadville's median listing price for 2024-11-01 was $224,750, a difference of $53,550 (31.3%) versus the prior year and $-3,050 versus the prior month.

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

    Meadville's average listing price for 2024-11-01 was $307,144, a difference of $51,230 (20.0%) versus the prior year and $-7,707 versus the prior month.

    For the 2024-11-01 period, Meadville had 117 MLS listings, a difference of 6 listings (5%) versus the prior month and 13 listings (13%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Meadville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,600 sqft
    2018-02-01 0 days 1,586 sqft
    2018-03-01 0 days 1,593 sqft
    2018-04-01 0 days 1,606 sqft
    2018-05-01 0 days 1,619 sqft
    2018-06-01 0 days 1,632 sqft
    2018-07-01 0 days 1,619 sqft
    2018-08-01 0 days 1,628 sqft
    2018-09-01 0 days 1,650 sqft
    2018-10-01 0 days 1,650 sqft
    2018-11-01 0 days 1,670 sqft
    2018-12-01 0 days 1,650 sqft
    2019-01-01 0 days 1,649 sqft
    2019-02-01 0 days 1,632 sqft
    2019-03-01 0 days 1,568 sqft
    2019-04-01 0 days 1,549 sqft
    2019-05-01 0 days 1,596 sqft
    2019-06-01 0 days 1,600 sqft
    2019-07-01 0 days 1,610 sqft
    2019-08-01 0 days 1,607 sqft
    2019-09-01 0 days 1,594 sqft
    2019-10-01 0 days 1,577 sqft
    2019-11-01 0 days 1,535 sqft
    2019-12-01 0 days 1,551 sqft
    2020-01-01 0 days 1,533 sqft
    2020-02-01 0 days 1,514 sqft
    2020-03-01 0 days 1,595 sqft
    2020-04-01 0 days 1,607 sqft
    2020-05-01 0 days 1,626 sqft
    2020-06-01 0 days 1,700 sqft
    2020-07-01 0 days 1,652 sqft
    2020-08-01 0 days 1,679 sqft
    2020-09-01 0 days 1,715 sqft
    2020-10-01 0 days 1,642 sqft
    2020-11-01 0 days 1,647 sqft
    2020-12-01 0 days 1,656 sqft
    2021-01-01 0 days 1,645 sqft
    2021-02-01 0 days 1,636 sqft
    2021-03-01 0 days 1,651 sqft
    2021-04-01 0 days 1,738 sqft
    2021-05-01 0 days 1,700 sqft
    2021-06-01 0 days 1,671 sqft
    2021-07-01 0 days 1,742 sqft
    2021-08-01 0 days 1,706 sqft
    2021-09-01 0 days 1,682 sqft
    2021-10-01 0 days 1,581 sqft
    2021-11-01 0 days 1,685 sqft
    2021-12-01 0 days 1,668 sqft
    2022-01-01 0 days 1,668 sqft
    2022-02-01 0 days 1,576 sqft
    2022-03-01 0 days 1,515 sqft
    2022-04-01 0 days 1,569 sqft
    2022-05-01 0 days 1,573 sqft
    2022-06-01 0 days 1,640 sqft
    2022-07-01 0 days 1,600 sqft
    2022-08-01 0 days 1,669 sqft
    2022-09-01 0 days 1,761 sqft
    2022-10-01 0 days 1,680 sqft
    2022-11-01 0 days 1,713 sqft
    2022-12-01 0 days 1,536 sqft
    2023-01-01 0 days 1,464 sqft
    2023-02-01 0 days 1,464 sqft
    2023-03-01 0 days 1,483 sqft
    2023-04-01 0 days 1,618 sqft
    2023-05-01 0 days 1,568 sqft
    2023-06-01 0 days 1,641 sqft
    2023-07-01 0 days 1,626 sqft
    2023-08-01 0 days 1,564 sqft
    2023-09-01 0 days 1,584 sqft
    2023-10-01 0 days 1,623 sqft
    2023-11-01 0 days 1,647 sqft
    2023-12-01 0 days 1,626 sqft
    2024-01-01 0 days 1,592 sqft
    2024-02-01 0 days 1,538 sqft
    2024-03-01 0 days 1,600 sqft
    2024-04-01 0 days 1,664 sqft
    2024-05-01 0 days 1,684 sqft
    2024-06-01 0 days 1,775 sqft
    2024-07-01 0 days 1,780 sqft
    2024-08-01 0 days 1,634 sqft
    2024-09-01 0 days 1,700 sqft
    2024-10-01 0 days 1,768 sqft
    2024-11-01 0 days 1,615 sqft
    Meadville's median listing age (time on market) for 2024-11-01 was 0 days.

    Meadville's median square footage for active listings during the 2024-11-01 period was 1,615 sqft. One year prior, the average listing was 1,647 sqft.