Mount Airy USDA Loan Rates, Closing Costs & Stats

Mount Airy, NC

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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.

    Mount Airy's 14 lenders originated 32 USDA loans during 2023. The total origination value was $5,770,000, with an average USDA loan value of $180,313.

    Mount Airy USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Mount Airy averaged 6.22% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Mount Airy's average USDA mortgage closing costs are $4,709.

    The average rate for the prior week (2025-02-07) was 6.28% and one month ago for the week of 2025-01-10, the average rate was 6.33%.

    The average rate one year ago was 6.32%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.53%.

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

    Mount Airy 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 Mount Airy level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Renasant Bank 6 6.60% $6,744
    Chickasaw Community Bank 4 6.75% $7,788
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 4 6.78% $7,580
    EMM LOANS LLC 3 6.63% $6,044
    AMERICAN FINANCIAL NETWORK, INC. 2 6.49% $7,282
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.06% $8,947
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 6.81% $7,724
    MOVEMENT MORTGAGE, LLC 2 6.50% $5,830
    UNION HOME MORTGAGE CORP. 2 6.63% $7,138
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.13% $4,642
    CARDINAL FINANCIAL 1 6.63% $8,900
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.75% $6,914
    Gateway First Bank 1 7.13% $6,924
    NEWREZ LLC 1 7.25% $3,934

    The top Mount Airy USDA lender as defined by loan originations is Renasant Bank, with 6 USDA loans originated. Their average total fees are $6,744, which is $1,044 lower than the next largest lender, Chickasaw Community Bank.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Mount Airy (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 $159,900 (0.3%) $259,172 (10.2%) 0.00 244
    2018-02-01 $159,900 (4.2%) $269,508 (19.9%) 0.00 243
    2018-03-01 $185,000 (22.1%) $280,822 (23.9%) 0.00 243
    2018-04-01 $191,430 (19.7%) $288,820 (21.6%) 0.00 240
    2018-05-01 $217,725 (28.2%) $296,698 (20.2%) 0.00 240
    2018-06-01 $199,000 (15.4%) $285,064 (12.6%) 0.00 239
    2018-07-01 $183,500 (2.0%) $258,739 (0.8%) 0.00 249
    2018-08-01 $165,925 (-9.9%) $239,215 (-7.8%) 0.00 193
    2018-09-01 $189,450 (5.3%) $253,577 (-8.9%) 0.00 175
    2018-10-01 $179,475 (4.4%) $245,943 (-9.8%) 0.00 177
    2018-11-01 $189,000 (11.2%) $256,218 (-2.7%) 0.00 159
    2018-12-01 $189,450 (5.3%) $266,243 (-1.1%) 0.00 143
    2019-01-01 $195,925 (22.5%) $267,679 (3.3%) 0.00 143
    2019-02-01 $191,900 (20.0%) $269,452 (0.0%) 0.00 141
    2019-03-01 $206,371 (11.6%) $271,788 (-3.2%) 0.00 143
    2019-04-01 $213,921 (11.8%) $278,225 (-3.7%) 0.00 147
    2019-05-01 $215,000 (-1.3%) $277,604 (-6.4%) 0.00 149
    2019-06-01 $204,900 (3.0%) $289,405 (1.5%) 0.00 143
    2019-07-01 $199,325 (8.6%) $273,728 (5.8%) 0.00 157
    2019-08-01 $198,359 (19.6%) $273,591 (14.4%) 0.00 154
    2019-09-01 $197,848 (4.4%) $276,538 (9.1%) 0.00 151
    2019-10-01 $201,232 (12.1%) $284,288 (15.6%) 0.00 147
    2019-11-01 $199,999 (5.8%) $301,954 (17.9%) 0.00 147
    2019-12-01 $219,450 (15.8%) $302,161 (13.5%) 0.00 136
    2020-01-01 $192,400 (-1.8%) $301,927 (12.8%) 0.00 130
    2020-02-01 $189,900 (-1.0%) $285,010 (5.8%) 0.00 133
    2020-03-01 $199,950 (-3.1%) $286,727 (5.5%) 0.00 123
    2020-04-01 $217,450 (1.7%) $299,492 (7.6%) 0.00 121
    2020-05-01 $229,900 (6.9%) $305,226 (10.0%) 0.00 112
    2020-06-01 $247,450 (20.8%) $344,253 (19.0%) 0.00 108
    2020-07-01 $242,925 (21.9%) $327,286 (19.6%) 0.00 114
    2020-08-01 $239,000 (20.5%) $337,159 (23.2%) 0.00 107
    2020-09-01 $238,675 (20.6%) $334,358 (20.9%) 0.00 101
    2020-10-01 $251,855 (25.2%) $348,292 (22.5%) 0.00 94
    2020-11-01 $241,300 (20.7%) $340,198 (12.7%) 0.00 92
    2020-12-01 $199,900 (-8.9%) $320,487 (6.1%) 0.00 78
    2021-01-01 $227,450 (18.2%) $346,839 (14.9%) 0.00 63
    2021-02-01 $263,475 (38.7%) $360,935 (26.6%) 0.00 58
    2021-03-01 $266,350 (33.2%) $380,219 (32.6%) 0.00 52
    2021-04-01 $257,400 (18.4%) $388,227 (29.6%) 0.00 53
    2021-05-01 $249,000 (8.3%) $360,177 (18.0%) 0.00 65
    2021-06-01 $257,400 (4.0%) $379,835 (10.3%) 0.00 71
    2021-07-01 $244,900 (0.8%) $380,932 (16.4%) 0.00 79
    2021-08-01 $251,750 (5.3%) $355,332 (5.4%) 0.00 90
    2021-09-01 $258,800 (8.4%) $356,882 (6.7%) 0.00 88
    2021-10-01 $259,900 (3.2%) $362,545 (4.1%) 0.00 83
    2021-11-01 $217,423 (-9.9%) $327,529 (-3.7%) 0.00 79
    2021-12-01 $212,000 (6.1%) $318,446 (-0.6%) 0.00 69
    2022-01-01 $236,000 (3.8%) $324,053 (-6.6%) 0.00 56
    2022-02-01 $238,675 (-9.4%) $331,303 (-8.2%) 0.00 53
    2022-03-01 $229,450 (-13.9%) $349,483 (-8.1%) 0.00 43
    2022-04-01 $219,500 (-14.7%) $300,468 (-22.6%) 0.00 40
    2022-05-01 $221,950 (-10.9%) $300,499 (-16.6%) 0.00 42
    2022-06-01 $259,450 (0.8%) $334,455 (-12.0%) 0.00 66
    2022-07-01 $293,000 (19.6%) $348,949 (-8.4%) 0.00 76
    2022-08-01 $295,000 (17.2%) $389,123 (9.5%) 0.00 88
    2022-09-01 $272,450 (5.3%) $356,759 (0.0%) 0.00 100
    2022-10-01 $269,000 (3.5%) $368,523 (1.7%) 0.00 102
    2022-11-01 $285,975 (31.5%) $368,067 (12.4%) 0.00 101
    2022-12-01 $275,500 (30.0%) $348,445 (9.4%) 0.00 93
    2023-01-01 $277,750 (17.7%) $349,752 (7.9%) 0.00 84
    2023-02-01 $274,900 (15.2%) $340,632 (2.8%) 0.00 76
    2023-03-01 $283,200 (23.4%) $349,657 (0.1%) 0.00 67
    2023-04-01 $289,900 (32.1%) $357,186 (18.9%) 0.00 59
    2023-05-01 $282,400 (27.2%) $358,597 (19.3%) 0.00 56
    2023-06-01 $287,400 (10.8%) $363,768 (8.8%) 0.00 57
    2023-07-01 $257,000 (-12.3%) $338,811 (-2.9%) 0.00 72
    2023-08-01 $296,725 (0.6%) $362,308 (-6.9%) 0.00 75
    2023-09-01 $310,000 (13.8%) $381,502 (6.9%) 0.00 69
    2023-10-01 $299,500 (11.3%) $387,562 (5.2%) 0.00 83
    2023-11-01 $299,450 (4.7%) $382,577 (3.9%) 0.00 101
    2023-12-01 $292,450 (6.2%) $377,663 (8.4%) 0.00 97
    2024-01-01 $318,675 (14.7%) $402,941 (15.2%) 0.00 87
    2024-02-01 $299,900 (9.1%) $391,927 (15.1%) 0.00 93
    2024-03-01 $299,950 (5.9%) $387,697 (10.9%) 0.00 92
    2024-04-01 $322,400 (11.2%) $420,089 (17.6%) 0.00 90
    2024-05-01 $324,925 (15.1%) $429,153 (19.7%) 0.00 96
    2024-06-01 $302,500 (5.3%) $411,892 (13.2%) 0.00 104
    2024-07-01 $301,250 (17.2%) $408,393 (20.5%) 0.00 104
    2024-08-01 $299,900 (1.1%) $404,907 (11.8%) 0.00 115
    2024-09-01 $292,000 (-5.8%) $370,664 (-2.8%) 0.00 128
    2024-10-01 $278,000 (-7.2%) $357,191 (-7.8%) 0.00 127
    2024-11-01 $277,000 (-7.5%) $383,091 (0.1%) 0.00 115
    2024-12-01 $279,000 (-4.6%) $398,215 (5.4%) 0.00 110
    2025-01-01 $294,925 (-7.5%) $408,133 (1.3%) 0.00 104
    Mount Airy's median listing price for 2025-01-01 was $294,925, a difference of $-23,750 (-7.5%) versus the prior year and $15,925 versus the prior month.

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

    Mount Airy's average listing price for 2025-01-01 was $408,133, a difference of $5,192 (1.3%) versus the prior year and $9,918 versus the prior month.

    For the 2025-01-01 period, Mount Airy had 104 MLS listings, a difference of -6 listings (-5%) versus the prior month and 17 listings (20%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Mount Airy (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,800 sqft
    2018-02-01 0 days 1,813 sqft
    2018-03-01 0 days 1,900 sqft
    2018-04-01 0 days 2,007 sqft
    2018-05-01 0 days 2,068 sqft
    2018-06-01 0 days 2,048 sqft
    2018-07-01 0 days 1,991 sqft
    2018-08-01 0 days 1,932 sqft
    2018-09-01 0 days 1,970 sqft
    2018-10-01 0 days 1,974 sqft
    2018-11-01 0 days 1,983 sqft
    2018-12-01 0 days 1,987 sqft
    2019-01-01 0 days 1,987 sqft
    2019-02-01 0 days 2,047 sqft
    2019-03-01 0 days 2,070 sqft
    2019-04-01 0 days 2,057 sqft
    2019-05-01 0 days 1,979 sqft
    2019-06-01 0 days 2,157 sqft
    2019-07-01 0 days 2,106 sqft
    2019-08-01 0 days 2,053 sqft
    2019-09-01 0 days 1,976 sqft
    2019-10-01 0 days 1,934 sqft
    2019-11-01 0 days 1,907 sqft
    2019-12-01 0 days 1,900 sqft
    2020-01-01 0 days 1,872 sqft
    2020-02-01 0 days 1,812 sqft
    2020-03-01 0 days 1,901 sqft
    2020-04-01 0 days 1,955 sqft
    2020-05-01 0 days 2,100 sqft
    2020-06-01 0 days 2,125 sqft
    2020-07-01 0 days 2,116 sqft
    2020-08-01 0 days 2,086 sqft
    2020-09-01 0 days 2,100 sqft
    2020-10-01 0 days 2,209 sqft
    2020-11-01 0 days 2,134 sqft
    2020-12-01 0 days 2,075 sqft
    2021-01-01 0 days 2,107 sqft
    2021-02-01 0 days 2,008 sqft
    2021-03-01 0 days 2,137 sqft
    2021-04-01 0 days 1,979 sqft
    2021-05-01 0 days 1,920 sqft
    2021-06-01 0 days 1,951 sqft
    2021-07-01 0 days 1,917 sqft
    2021-08-01 0 days 1,898 sqft
    2021-09-01 0 days 1,920 sqft
    2021-10-01 0 days 1,900 sqft
    2021-11-01 0 days 1,703 sqft
    2021-12-01 0 days 1,624 sqft
    2022-01-01 0 days 1,810 sqft
    2022-02-01 0 days 1,621 sqft
    2022-03-01 0 days 1,639 sqft
    2022-04-01 0 days 1,500 sqft
    2022-05-01 0 days 1,504 sqft
    2022-06-01 0 days 1,631 sqft
    2022-07-01 0 days 1,800 sqft
    2022-08-01 0 days 1,905 sqft
    2022-09-01 0 days 1,832 sqft
    2022-10-01 0 days 1,813 sqft
    2022-11-01 0 days 1,900 sqft
    2022-12-01 0 days 1,920 sqft
    2023-01-01 0 days 1,908 sqft
    2023-02-01 0 days 1,910 sqft
    2023-03-01 0 days 1,915 sqft
    2023-04-01 0 days 1,864 sqft
    2023-05-01 0 days 1,800 sqft
    2023-06-01 0 days 1,746 sqft
    2023-07-01 0 days 1,700 sqft
    2023-08-01 0 days 1,673 sqft
    2023-09-01 0 days 1,655 sqft
    2023-10-01 0 days 1,559 sqft
    2023-11-01 0 days 1,437 sqft
    2023-12-01 0 days 1,425 sqft
    2024-01-01 0 days 1,624 sqft
    2024-02-01 0 days 1,673 sqft
    2024-03-01 0 days 1,710 sqft
    2024-04-01 0 days 1,842 sqft
    2024-05-01 0 days 1,918 sqft
    2024-06-01 0 days 1,691 sqft
    2024-07-01 0 days 1,862 sqft
    2024-08-01 0 days 1,749 sqft
    2024-09-01 0 days 1,665 sqft
    2024-10-01 0 days 1,792 sqft
    2024-11-01 0 days 1,843 sqft
    2024-12-01 0 days 1,909 sqft
    2025-01-01 0 days 2,111 sqft
    Mount Airy's median listing age (time on market) for 2025-01-01 was 0 days.

    Mount Airy's median square footage for active listings during the 2025-01-01 period was 2,111 sqft. One year prior, the average listing was 1,624 sqft.