Montgomery County USDA Loans
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, 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.
Montgomery County USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Montgomery County
averaged
0%
for the week of 2022-03-25, compared to the national average (all USDA variants) of
4.554% for the same period.
The average rate for the prior week (2022-03-18) was
0% and
one month ago for the week of 2022-02-18, the
average rate was 0%.
The average rate one year ago was 0%.
For refis of the same type during the week of 2022-03-25, the average rate
was 0%.
Montgomery County USDA Loan Lenders by Rates & Fees
The below table looks at the average fees and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Montgomery County level.
| Name | # of Loans | 2021 Avg. 30yFix Rate | 2021 Avg. Total Fees |
|---|
The lowest fee Montgomery County USDA lenders (with over 10 loans originated) are
.
The lowest rate Montgomery County USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Montgomery County (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 | $229,995 (5.0%) | $343,281 (3.3%) | 0.85 | 20,339 |
| 2018-02-01 | $237,000 (7.8%) | $345,647 (2.3%) | 0.85 | 20,590 |
| 2018-03-01 | $240,000 (4.7%) | $355,764 (2.7%) | 0.83 | 19,886 |
| 2018-04-01 | $249,950 (6.4%) | $369,050 (3.8%) | 0.84 | 20,785 |
| 2018-05-01 | $264,500 (8.0%) | $383,010 (5.4%) | 0.88 | 21,602 |
| 2018-06-01 | $269,000 (8.1%) | $388,456 (5.5%) | 0.90 | 22,210 |
| 2018-07-01 | $269,450 (7.8%) | $387,880 (6.1%) | 0.90 | 22,358 |
| 2018-08-01 | $262,450 (5.7%) | $382,698 (6.2%) | 0.88 | 22,361 |
| 2018-09-01 | $262,000 (6.1%) | $382,055 (5.6%) | 0.88 | 22,688 |
| 2018-10-01 | $264,950 (6.0%) | $382,170 (4.5%) | 0.89 | 23,033 |
| 2018-11-01 | $263,522 (8.7%) | $379,513 (7.4%) | 0.88 | 22,287 |
| 2018-12-01 | $254,900 (7.5%) | $373,201 (7.6%) | 0.87 | 20,457 |
| 2019-01-01 | $249,900 (8.7%) | $363,923 (6.0%) | 0.86 | 18,903 |
| 2019-02-01 | $251,500 (6.1%) | $368,398 (6.6%) | 0.84 | 18,647 |
| 2019-03-01 | $265,286 (10.5%) | $383,560 (7.8%) | 0.86 | 19,042 |
| 2019-04-01 | $275,000 (10.0%) | $395,831 (7.3%) | 0.87 | 19,536 |
| 2019-05-01 | $287,950 (8.9%) | $406,697 (6.2%) | 0.89 | 20,302 |
| 2019-06-01 | $289,900 (7.8%) | $408,518 (5.2%) | 0.89 | 20,743 |
| 2019-07-01 | $287,000 (6.5%) | $406,737 (4.9%) | 0.89 | 20,591 |
| 2019-08-01 | $289,286 (10.2%) | $409,485 (7.0%) | 0.91 | 19,629 |
| 2019-09-01 | $297,000 (13.4%) | $421,214 (10.3%) | 0.94 | 18,514 |
| 2019-10-01 | $299,000 (12.9%) | $428,117 (12.0%) | 0.95 | 18,561 |
| 2019-11-01 | $295,000 (12.0%) | $423,999 (11.7%) | 0.95 | 17,530 |
| 2019-12-01 | $287,604 (12.8%) | $422,320 (13.2%) | 0.96 | 15,078 |
| 2020-01-01 | $285,000 (14.1%) | $420,342 (15.5%) | 0.95 | 13,657 |
| 2020-02-01 | $291,900 (16.1%) | $433,129 (17.6%) | 0.94 | 13,176 |
| 2020-03-01 | $299,950 (13.1%) | $447,228 (16.6%) | 0.94 | 13,245 |
| 2020-04-01 | $299,900 (9.1%) | $445,648 (12.6%) | 0.93 | 11,986 |
| 2020-05-01 | $311,131 (8.1%) | $454,994 (11.9%) | 0.94 | 12,462 |
| 2020-06-01 | $327,450 (13.0%) | $475,821 (16.5%) | 0.96 | 12,455 |
| 2020-07-01 | $339,950 (18.5%) | $496,733 (22.1%) | 0.97 | 11,429 |
| 2020-08-01 | $342,900 (18.5%) | $506,456 (23.7%) | 0.98 | 10,834 |
| 2020-09-01 | $343,032 (15.5%) | $510,361 (21.2%) | 0.98 | 10,799 |
| 2020-10-01 | $349,000 (16.7%) | $516,866 (20.7%) | 1.00 | 10,808 |
| 2020-11-01 | $339,500 (15.1%) | $512,902 (21.0%) | 0.97 | 10,399 |
| 2020-12-01 | $327,000 (13.7%) | $505,018 (19.6%) | 0.96 | 9,091 |
| 2021-01-01 | $324,000 (13.7%) | $507,994 (20.9%) | 0.95 | 7,911 |
| 2021-02-01 | $322,450 (10.5%) | $518,908 (19.8%) | 0.93 | 7,113 |
| 2021-03-01 | $325,000 (8.4%) | $529,998 (18.5%) | 0.91 | 7,227 |
| 2021-04-01 | $339,450 (13.2%) | $546,861 (22.7%) | 0.91 | 7,574 |
| 2021-05-01 | $339,900 (9.3%) | $526,530 (15.7%) | 0.89 | 8,161 |
| 2021-06-01 | $334,900 (2.3%) | $504,213 (6.0%) | 0.87 | 9,826 |
| 2021-07-01 | $325,000 (-4.4%) | $490,693 (-1.2%) | 0.84 | 10,530 |
| 2021-08-01 | $320,000 (-6.7%) | $473,091 (-6.6%) | 0.84 | 10,911 |
| 2021-09-01 | $319,950 (-6.7%) | $470,053 (-7.9%) | 0.84 | 10,970 |
| 2021-10-01 | $319,999 (-8.3%) | $472,739 (-8.5%) | 0.84 | 10,623 |
| 2021-11-01 | $312,450 (-8.0%) | $472,371 (-7.9%) | 0.82 | 9,729 |
| 2021-12-01 | $299,950 (-8.3%) | $468,154 (-7.3%) | 0.80 | 8,358 |
| 2022-01-01 | $299,900 (-7.4%) | $479,692 (-5.6%) | 0.80 | 6,917 |
Montgomery County's median listing price comes in at 80% of the national average.
Montgomery County's average listing price for 2022-01-01 was $479,692, a difference of $-28,302 (-5.6%) versus the prior year and $11,538 versus the prior month.
For the 2022-01-01 period, Montgomery County had 6,917 MLS listings, a difference of -1,441 listings (-17%) versus the prior month and -994 listings (-13%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Montgomery County (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 87 days | 1,700 sqft |
| 2018-02-01 | 80 days | 1,702 sqft |
| 2018-03-01 | 59 days | 1,714 sqft |
| 2018-04-01 | 55 days | 1,749 sqft |
| 2018-05-01 | 52 days | 1,795 sqft |
| 2018-06-01 | 53 days | 1,820 sqft |
| 2018-07-01 | 60 days | 1,824 sqft |
| 2018-08-01 | 63 days | 1,803 sqft |
| 2018-09-01 | 64 days | 1,800 sqft |
| 2018-10-01 | 64 days | 1,800 sqft |
| 2018-11-01 | 66 days | 1,800 sqft |
| 2018-12-01 | 75 days | 1,780 sqft |
| 2019-01-01 | 83 days | 1,806 sqft |
| 2019-02-01 | 79 days | 1,853 sqft |
| 2019-03-01 | 57 days | 1,853 sqft |
| 2019-04-01 | 49 days | 1,853 sqft |
| 2019-05-01 | 48 days | 1,878 sqft |
| 2019-06-01 | 52 days | 1,884 sqft |
| 2019-07-01 | 59 days | 1,860 sqft |
| 2019-08-01 | 63 days | 1,864 sqft |
| 2019-09-01 | 63 days | 1,892 sqft |
| 2019-10-01 | 61 days | 1,890 sqft |
| 2019-11-01 | 64 days | 1,853 sqft |
| 2019-12-01 | 75 days | 1,832 sqft |
| 2020-01-01 | 82 days | 1,800 sqft |
| 2020-02-01 | 69 days | 1,825 sqft |
| 2020-03-01 | 49 days | 1,849 sqft |
| 2020-04-01 | 62 days | 1,831 sqft |
| 2020-05-01 | 73 days | 1,864 sqft |
| 2020-06-01 | 59 days | 1,885 sqft |
| 2020-07-01 | 46 days | 1,879 sqft |
| 2020-08-01 | 45 days | 1,850 sqft |
| 2020-09-01 | 43 days | 1,797 sqft |
| 2020-10-01 | 48 days | 1,786 sqft |
| 2020-11-01 | 52 days | 1,745 sqft |
| 2020-12-01 | 61 days | 1,688 sqft |
| 2021-01-01 | 70 days | 1,643 sqft |
| 2021-02-01 | 65 days | 1,618 sqft |
| 2021-03-01 | 48 days | 1,628 sqft |
| 2021-04-01 | 40 days | 1,663 sqft |
| 2021-05-01 | 38 days | 1,680 sqft |
| 2021-06-01 | 37 days | 1,671 sqft |
| 2021-07-01 | 41 days | 1,655 sqft |
| 2021-08-01 | 43 days | 1,625 sqft |
| 2021-09-01 | 47 days | 1,605 sqft |
| 2021-10-01 | 49 days | 1,598 sqft |
| 2021-11-01 | 51 days | 1,558 sqft |
| 2021-12-01 | 58 days | 1,533 sqft |
| 2022-01-01 | 65 days | 1,508 sqft |
Montgomery County's median square footage for active listings during the 2022-01-01 period was 1,508 sqft. One year prior, the average listing was 1,643 sqft.
