Milledgeville USDA Loan Rates, Closing Costs & Stats
Milledgeville, 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.
Milledgeville's 5 lenders originated 7 USDA loans during 2023. The total origination value was $1,375,000, with an average USDA loan value of $196,429.
Milledgeville USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Milledgeville
averaged
6.48%
for the week of 2025-02-14, compared to the national average (all USDA variants) of
6.526% for the same period.
Milledgeville's average USDA mortgage closing costs are $4,656.
The average rate for the prior week (2025-02-07) was
6.34% and
one month ago for the week of 2025-01-10, the
average rate was 6.68%.
The average rate one year ago was 6.68%.
For refis of the same type during the week of 2025-02-14, the average rate
was 6.63%.
Milledgeville 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 Milledgeville level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 3 | 7.00% | $7,640 |
| BANKSOUTH MORTGAGE COMPANY, LLC | 1 | 7.00% | $6,905 |
| HOMESPIRE MORTGAGE CORPORATION | 1 | 6.13% | $6,471 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 5.88% | $10,725 |
| VAN DYK MORTGAGE CORPORATION | 1 | 6.88% | $2,672 |
The top Milledgeville USDA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with
3 USDA loans originated. Their average total fees are
$7,640, which is $734
higher than the next largest lender,
BANKSOUTH MORTGAGE COMPANY, LLC.
The lowest fee Milledgeville USDA lenders (with over 10 loans originated) are
.
The lowest rate Milledgeville USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Milledgeville (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 | $189,900 (8.6%) | $236,357 (15.1%) | 0.00 | 196 |
| 2018-02-01 | $189,925 (7.6%) | $240,864 (13.5%) | 0.00 | 199 |
| 2018-03-01 | $189,900 (7.6%) | $247,151 (13.0%) | 0.00 | 203 |
| 2018-04-01 | $197,950 (16.5%) | $250,300 (16.6%) | 0.00 | 211 |
| 2018-05-01 | $191,925 (12.5%) | $250,571 (19.8%) | 0.00 | 208 |
| 2018-06-01 | $199,000 (10.8%) | $268,596 (24.1%) | 0.00 | 195 |
| 2018-07-01 | $198,225 (8.1%) | $265,355 (16.7%) | 0.00 | 199 |
| 2018-08-01 | $194,150 (5.6%) | $253,691 (13.0%) | 0.00 | 230 |
| 2018-09-01 | $194,500 (5.2%) | $246,134 (4.5%) | 0.00 | 226 |
| 2018-10-01 | $192,725 (6.6%) | $246,473 (7.5%) | 0.00 | 211 |
| 2018-11-01 | $190,900 (-0.6%) | $241,592 (2.4%) | 0.00 | 201 |
| 2018-12-01 | $190,900 (0.0%) | $234,465 (-1.5%) | 0.00 | 192 |
| 2019-01-01 | $190,900 (0.5%) | $238,905 (1.1%) | 0.00 | 194 |
| 2019-02-01 | $195,675 (3.0%) | $241,218 (0.2%) | 0.00 | 213 |
| 2019-03-01 | $209,757 (10.5%) | $251,089 (1.6%) | 0.00 | 233 |
| 2019-04-01 | $235,950 (19.2%) | $269,000 (7.5%) | 0.00 | 252 |
| 2019-05-01 | $269,000 (40.2%) | $275,425 (9.9%) | 0.00 | 243 |
| 2019-06-01 | $269,000 (35.2%) | $277,551 (3.3%) | 0.00 | 241 |
| 2019-07-01 | $222,450 (12.2%) | $265,501 (0.1%) | 0.00 | 235 |
| 2019-08-01 | $259,364 (33.6%) | $274,149 (8.1%) | 0.00 | 237 |
| 2019-09-01 | $253,534 (30.4%) | $274,662 (11.6%) | 0.00 | 233 |
| 2019-10-01 | $249,925 (29.7%) | $275,565 (11.8%) | 0.00 | 220 |
| 2019-11-01 | $239,000 (25.2%) | $270,935 (12.2%) | 0.00 | 218 |
| 2019-12-01 | $229,000 (20.0%) | $267,609 (14.1%) | 0.00 | 202 |
| 2020-01-01 | $230,475 (20.7%) | $277,650 (16.2%) | 0.00 | 190 |
| 2020-02-01 | $229,000 (17.0%) | $289,895 (20.2%) | 0.00 | 174 |
| 2020-03-01 | $229,000 (9.2%) | $301,219 (20.0%) | 0.00 | 169 |
| 2020-04-01 | $229,000 (-3.0%) | $298,652 (11.0%) | 0.00 | 159 |
| 2020-05-01 | $249,000 (-7.4%) | $309,590 (12.4%) | 0.00 | 153 |
| 2020-06-01 | $244,475 (-9.1%) | $313,106 (12.8%) | 0.00 | 135 |
| 2020-07-01 | $234,000 (5.2%) | $316,482 (19.2%) | 0.00 | 128 |
| 2020-08-01 | $239,000 (-7.9%) | $311,355 (13.6%) | 0.00 | 123 |
| 2020-09-01 | $239,000 (-5.7%) | $304,126 (10.7%) | 0.00 | 131 |
| 2020-10-01 | $239,500 (-4.2%) | $309,214 (12.2%) | 0.00 | 133 |
| 2020-11-01 | $239,250 (0.1%) | $311,396 (14.9%) | 0.00 | 110 |
| 2020-12-01 | $237,125 (3.6%) | $330,873 (23.6%) | 0.00 | 121 |
| 2021-01-01 | $224,900 (-2.4%) | $293,149 (5.6%) | 0.00 | 114 |
| 2021-02-01 | $220,500 (-3.7%) | $313,748 (8.2%) | 0.00 | 105 |
| 2021-03-01 | $231,725 (1.2%) | $307,402 (2.1%) | 0.00 | 80 |
| 2021-04-01 | $242,425 (5.9%) | $324,947 (8.8%) | 0.00 | 72 |
| 2021-05-01 | $250,000 (0.4%) | $350,219 (13.1%) | 0.00 | 67 |
| 2021-06-01 | $227,050 (-7.1%) | $352,408 (12.6%) | 0.00 | 74 |
| 2021-07-01 | $212,000 (-9.4%) | $352,229 (11.3%) | 0.00 | 69 |
| 2021-08-01 | $288,738 (20.8%) | $376,519 (20.9%) | 0.00 | 78 |
| 2021-09-01 | $260,950 (9.2%) | $352,578 (15.9%) | 0.00 | 86 |
| 2021-10-01 | $200,500 (-16.3%) | $338,054 (9.3%) | 0.00 | 86 |
| 2021-11-01 | $176,675 (-26.2%) | $297,089 (-4.6%) | 0.00 | 79 |
| 2021-12-01 | $180,900 (-23.7%) | $285,401 (-13.7%) | 0.00 | 80 |
| 2022-01-01 | $229,900 (2.2%) | $301,976 (3.0%) | 0.00 | 77 |
| 2022-02-01 | $232,925 (5.6%) | $311,161 (-0.8%) | 0.00 | 76 |
| 2022-03-01 | $237,475 (2.5%) | $297,629 (-3.2%) | 0.00 | 76 |
| 2022-04-01 | $259,000 (6.8%) | $336,897 (3.7%) | 0.00 | 82 |
| 2022-05-01 | $261,100 (4.4%) | $385,944 (10.2%) | 0.00 | 96 |
| 2022-06-01 | $298,225 (31.4%) | $411,112 (16.7%) | 0.00 | 110 |
| 2022-07-01 | $279,900 (32.0%) | $396,758 (12.6%) | 0.00 | 101 |
| 2022-08-01 | $282,425 (-2.2%) | $380,740 (1.1%) | 0.00 | 96 |
| 2022-09-01 | $314,450 (20.5%) | $377,771 (7.2%) | 0.00 | 102 |
| 2022-10-01 | $338,750 (69.0%) | $386,129 (14.2%) | 0.00 | 106 |
| 2022-11-01 | $327,350 (85.3%) | $374,933 (26.2%) | 0.00 | 92 |
| 2022-12-01 | $324,250 (79.2%) | $378,301 (32.6%) | 0.00 | 84 |
| 2023-01-01 | $299,125 (30.1%) | $358,179 (18.6%) | 0.00 | 93 |
| 2023-02-01 | $299,250 (28.5%) | $357,964 (15.0%) | 0.00 | 82 |
| 2023-03-01 | $307,925 (29.7%) | $403,256 (35.5%) | 0.00 | 79 |
| 2023-04-01 | $299,000 (15.4%) | $411,198 (22.1%) | 0.00 | 94 |
| 2023-05-01 | $299,000 (14.5%) | $434,344 (12.5%) | 0.00 | 85 |
| 2023-06-01 | $304,500 (2.1%) | $437,189 (6.3%) | 0.00 | 90 |
| 2023-07-01 | $249,500 (-10.9%) | $387,367 (-2.4%) | 0.00 | 109 |
| 2023-08-01 | $275,000 (-2.6%) | $397,541 (4.4%) | 0.00 | 109 |
| 2023-09-01 | $249,500 (-20.7%) | $421,687 (11.6%) | 0.00 | 98 |
| 2023-10-01 | $229,900 (-32.1%) | $401,230 (3.9%) | 0.00 | 102 |
| 2023-11-01 | $235,675 (-28.0%) | $425,727 (13.6%) | 0.00 | 102 |
| 2023-12-01 | $249,000 (-23.2%) | $419,713 (11.0%) | 0.00 | 105 |
| 2024-01-01 | $273,425 (-8.6%) | $414,258 (15.7%) | 0.00 | 101 |
| 2024-02-01 | $296,350 (-1.0%) | $443,736 (24.0%) | 0.00 | 114 |
| 2024-03-01 | $329,900 (7.1%) | $477,814 (18.5%) | 0.00 | 105 |
| 2024-04-01 | $334,900 (12.0%) | $541,268 (31.6%) | 0.00 | 122 |
| 2024-05-01 | $339,900 (13.7%) | $598,200 (37.7%) | 0.00 | 123 |
| 2024-06-01 | $334,900 (10.0%) | $617,997 (41.4%) | 0.00 | 112 |
| 2024-07-01 | $323,225 (29.6%) | $597,657 (54.3%) | 0.00 | 117 |
| 2024-08-01 | $349,900 (27.2%) | $623,471 (56.8%) | 0.00 | 124 |
| 2024-09-01 | $370,000 (48.3%) | $639,304 (51.6%) | 0.00 | 136 |
| 2024-10-01 | $381,150 (65.8%) | $608,509 (51.7%) | 0.00 | 136 |
| 2024-11-01 | $384,900 (63.3%) | $612,113 (43.8%) | 0.00 | 134 |
| 2024-12-01 | $367,450 (47.6%) | $614,864 (46.5%) | 0.00 | 127 |
| 2025-01-01 | $344,950 (26.2%) | $602,394 (45.4%) | 0.00 | 122 |
Milledgeville's median listing price comes in at 0% of the national average.
Milledgeville's average listing price for 2025-01-01 was $602,394, a difference of $188,136 (45.4%) versus the prior year and $-12,470 versus the prior month.
For the 2025-01-01 period, Milledgeville had 122 MLS listings, a difference of -5 listings (-4%) versus the prior month and 21 listings (21%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Milledgeville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,941 sqft |
| 2018-02-01 | 0 days | 2,089 sqft |
| 2018-03-01 | 0 days | 2,100 sqft |
| 2018-04-01 | 0 days | 2,095 sqft |
| 2018-05-01 | 0 days | 2,056 sqft |
| 2018-06-01 | 0 days | 2,095 sqft |
| 2018-07-01 | 0 days | 2,095 sqft |
| 2018-08-01 | 0 days | 1,973 sqft |
| 2018-09-01 | 0 days | 1,973 sqft |
| 2018-10-01 | 0 days | 2,030 sqft |
| 2018-11-01 | 0 days | 2,047 sqft |
| 2018-12-01 | 0 days | 2,056 sqft |
| 2019-01-01 | 0 days | 1,982 sqft |
| 2019-02-01 | 0 days | 1,946 sqft |
| 2019-03-01 | 0 days | 2,080 sqft |
| 2019-04-01 | 0 days | 2,316 sqft |
| 2019-05-01 | 0 days | 2,324 sqft |
| 2019-06-01 | 0 days | 2,295 sqft |
| 2019-07-01 | 0 days | 2,295 sqft |
| 2019-08-01 | 0 days | 2,281 sqft |
| 2019-09-01 | 0 days | 2,259 sqft |
| 2019-10-01 | 0 days | 2,221 sqft |
| 2019-11-01 | 0 days | 2,128 sqft |
| 2019-12-01 | 0 days | 2,122 sqft |
| 2020-01-01 | 0 days | 2,185 sqft |
| 2020-02-01 | 0 days | 2,200 sqft |
| 2020-03-01 | 0 days | 2,200 sqft |
| 2020-04-01 | 0 days | 2,157 sqft |
| 2020-05-01 | 0 days | 2,150 sqft |
| 2020-06-01 | 0 days | 2,150 sqft |
| 2020-07-01 | 0 days | 2,175 sqft |
| 2020-08-01 | 0 days | 2,286 sqft |
| 2020-09-01 | 0 days | 2,260 sqft |
| 2020-10-01 | 0 days | 2,324 sqft |
| 2020-11-01 | 0 days | 2,286 sqft |
| 2020-12-01 | 0 days | 2,184 sqft |
| 2021-01-01 | 0 days | 2,150 sqft |
| 2021-02-01 | 0 days | 2,128 sqft |
| 2021-03-01 | 0 days | 2,091 sqft |
| 2021-04-01 | 0 days | 1,903 sqft |
| 2021-05-01 | 0 days | 1,776 sqft |
| 2021-06-01 | 0 days | 1,794 sqft |
| 2021-07-01 | 0 days | 2,000 sqft |
| 2021-08-01 | 0 days | 2,003 sqft |
| 2021-09-01 | 0 days | 2,046 sqft |
| 2021-10-01 | 0 days | 1,927 sqft |
| 2021-11-01 | 0 days | 1,617 sqft |
| 2021-12-01 | 0 days | 1,654 sqft |
| 2022-01-01 | 0 days | 1,776 sqft |
| 2022-02-01 | 0 days | 1,687 sqft |
| 2022-03-01 | 0 days | 1,787 sqft |
| 2022-04-01 | 0 days | 1,800 sqft |
| 2022-05-01 | 0 days | 1,781 sqft |
| 2022-06-01 | 0 days | 1,768 sqft |
| 2022-07-01 | 0 days | 1,800 sqft |
| 2022-08-01 | 0 days | 1,800 sqft |
| 2022-09-01 | 0 days | 1,800 sqft |
| 2022-10-01 | 0 days | 1,916 sqft |
| 2022-11-01 | 0 days | 1,980 sqft |
| 2022-12-01 | 0 days | 2,024 sqft |
| 2023-01-01 | 0 days | 1,916 sqft |
| 2023-02-01 | 0 days | 1,848 sqft |
| 2023-03-01 | 0 days | 1,968 sqft |
| 2023-04-01 | 0 days | 1,788 sqft |
| 2023-05-01 | 0 days | 1,814 sqft |
| 2023-06-01 | 0 days | 1,678 sqft |
| 2023-07-01 | 0 days | 1,597 sqft |
| 2023-08-01 | 0 days | 1,719 sqft |
| 2023-09-01 | 0 days | 1,701 sqft |
| 2023-10-01 | 0 days | 1,599 sqft |
| 2023-11-01 | 0 days | 1,785 sqft |
| 2023-12-01 | 0 days | 1,760 sqft |
| 2024-01-01 | 0 days | 1,791 sqft |
| 2024-02-01 | 0 days | 2,014 sqft |
| 2024-03-01 | 0 days | 2,071 sqft |
| 2024-04-01 | 0 days | 1,985 sqft |
| 2024-05-01 | 0 days | 2,036 sqft |
| 2024-06-01 | 0 days | 2,010 sqft |
| 2024-07-01 | 0 days | 1,977 sqft |
| 2024-08-01 | 0 days | 2,011 sqft |
| 2024-09-01 | 0 days | 2,086 sqft |
| 2024-10-01 | 0 days | 2,108 sqft |
| 2024-11-01 | 0 days | 2,200 sqft |
| 2024-12-01 | 0 days | 2,095 sqft |
| 2025-01-01 | 0 days | 2,091 sqft |
Milledgeville's median square footage for active listings during the 2025-01-01 period was 2,091 sqft. One year prior, the average listing was 1,791 sqft.