Mount Sterling USDA Loan Rates, Closing Costs & Stats

Mount Sterling, KY

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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 Sterling's 18 lenders originated 24 USDA loans during 2024. The total origination value was $4,270,000, with an average USDA loan value of $177,917.

    Mount Sterling USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Mount Sterling averaged 6.81% for the week of 2025-04-04, compared to the national average (all USDA variants) of 6.324% for the same period.

    Mount Sterling's average USDA mortgage closing costs are $5,498.

    The average rate for the prior week (2025-03-28) was 6.57% and one month ago for the week of 2025-02-28, the average rate was 6.72%.

    The average rate one year ago was 6.78%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.32%.

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

    Mount Sterling 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 Sterling level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNION HOME MORTGAGE CORP. 4 6.47% $5,551
    STOCKTON MORTGAGE CORPORATION 3 6.63% $7,571
    Paramount Residential Mortgage Group, Inc. 2 6.13% $6,005
    Forcht Bank 1 6.50% $5,680
    GoPrime Mortgage, Inc. 1 6.25% $3,686
    Guardian Savings Bank, A Federal Savings Bank 1 6.25% $4,206
    Ixonia Bank 1 7.13% $7,114
    MYCUMORTGAGE, LLC 1 6.25% $3,418
    Peoples Exchange Bank 1 6.50% $3,467
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.75% $5,133
    RELIANCE FIRST CAPITAL, LLC 1 6.25% $4,698
    SWBC MORTGAGE CORPORATION 1 6.75% $1,616
    T2 FINANCIAL LLC 1 5.50% $8,376
    TJC Mortgage, Inc. 1 5.88% $6,241
    BROKER SOLUTIONS, INC. 1 6.25% $8,545
    UNITED WHOLESALE MORTGAGE, LLC 1 6.25% $10,283
    DAS Acquisition Company, LLC 1 6.87% $6,699
    EVERETT FINANCIAL, INC. 1 6.50% $6,142

    The top Mount Sterling USDA lender as defined by loan originations is UNION HOME MORTGAGE CORP., with 4 USDA loans originated. Their average total fees are $5,551, which is $2,019 lower than the next largest lender, STOCKTON MORTGAGE CORPORATION.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Mount Sterling (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 $125,700 (-6.9%) $153,493 (-5.3%) 0.00 148
    2018-02-01 $124,425 (-5.0%) $149,318 (-7.0%) 0.00 144
    2018-03-01 $124,900 (-7.7%) $147,516 (-8.4%) 0.00 150
    2018-04-01 $132,250 (-4.7%) $154,668 (-7.4%) 0.00 146
    2018-05-01 $142,449 (3.3%) $158,037 (-5.8%) 0.00 141
    2018-06-01 $149,000 (14.8%) $160,215 (-0.5%) 0.00 151
    2018-07-01 $148,500 (18.9%) $166,408 (9.6%) 0.00 161
    2018-08-01 $149,800 (23.9%) $171,573 (15.5%) 0.00 149
    2018-09-01 $149,900 (24.9%) $172,147 (14.2%) 0.00 155
    2018-10-01 $149,900 (20.0%) $168,094 (9.1%) 0.00 158
    2018-11-01 $148,500 (12.9%) $171,059 (8.0%) 0.00 145
    2018-12-01 $149,900 (18.0%) $172,199 (10.8%) 0.00 149
    2019-01-01 $145,000 (15.4%) $168,584 (9.8%) 0.00 134
    2019-02-01 $157,950 (26.9%) $176,586 (18.3%) 0.00 130
    2019-03-01 $159,214 (27.5%) $184,772 (25.3%) 0.00 130
    2019-04-01 $152,964 (15.7%) $185,386 (19.9%) 0.00 133
    2019-05-01 $145,000 (1.8%) $185,438 (17.3%) 0.00 144
    2019-06-01 $144,000 (-3.4%) $181,729 (13.4%) 0.00 147
    2019-07-01 $144,500 (-2.7%) $179,006 (7.6%) 0.00 146
    2019-08-01 $148,564 (-0.8%) $184,186 (7.4%) 0.00 140
    2019-09-01 $146,559 (-2.2%) $179,382 (4.2%) 0.00 138
    2019-10-01 $147,673 (-1.5%) $177,007 (5.3%) 0.00 137
    2019-11-01 $152,500 (2.7%) $176,821 (3.4%) 0.00 124
    2019-12-01 $146,750 (-2.1%) $171,738 (-0.3%) 0.00 112
    2020-01-01 $149,700 (3.2%) $177,367 (5.2%) 0.00 107
    2020-02-01 $152,450 (-3.5%) $181,015 (2.5%) 0.00 105
    2020-03-01 $143,250 (-10.0%) $178,945 (-3.2%) 0.00 108
    2020-04-01 $146,175 (-4.4%) $184,298 (-0.6%) 0.00 98
    2020-05-01 $140,450 (-3.1%) $188,682 (1.8%) 0.00 79
    2020-06-01 $151,850 (5.5%) $202,494 (11.4%) 0.00 74
    2020-07-01 $143,450 (-0.7%) $196,947 (10.0%) 0.00 74
    2020-08-01 $149,900 (0.9%) $211,987 (15.1%) 0.00 67
    2020-09-01 $167,000 (14.0%) $223,630 (24.7%) 0.00 76
    2020-10-01 $176,000 (19.2%) $236,026 (33.3%) 0.00 72
    2020-11-01 $181,250 (18.9%) $238,689 (35.0%) 0.00 61
    2020-12-01 $197,750 (34.8%) $244,205 (42.2%) 0.00 47
    2021-01-01 $204,950 (36.9%) $263,090 (48.3%) 0.00 46
    2021-02-01 $189,950 (24.6%) $273,257 (51.0%) 0.00 44
    2021-03-01 $198,225 (38.4%) $273,991 (53.1%) 0.00 40
    2021-04-01 $190,000 (30.0%) $265,706 (44.2%) 0.00 37
    2021-05-01 $177,000 (26.0%) $278,833 (47.8%) 0.00 34
    2021-06-01 $182,425 (20.1%) $279,407 (38.0%) 0.00 38
    2021-07-01 $202,450 (41.1%) $286,019 (45.2%) 0.00 47
    2021-08-01 $227,225 (51.6%) $278,313 (31.3%) 0.00 55
    2021-09-01 $207,250 (24.1%) $255,661 (14.3%) 0.00 68
    2021-10-01 $196,500 (11.7%) $246,172 (4.3%) 0.00 69
    2021-11-01 $223,500 (23.3%) $262,329 (9.9%) 0.00 70
    2021-12-01 $224,725 (13.6%) $260,020 (6.5%) 0.00 63
    2022-01-01 $207,250 (1.1%) $246,776 (-6.2%) 0.00 53
    2022-02-01 $215,475 (13.4%) $244,137 (-10.7%) 0.00 38
    2022-03-01 $232,500 (17.3%) $252,248 (-7.9%) 0.00 39
    2022-04-01 $222,500 (17.1%) $247,896 (-6.7%) 0.00 51
    2022-05-01 $227,450 (28.5%) $243,157 (-12.8%) 0.00 64
    2022-06-01 $224,975 (23.3%) $263,545 (-5.7%) 0.00 76
    2022-07-01 $219,000 (8.2%) $261,455 (-8.6%) 0.00 91
    2022-08-01 $225,000 (-1.0%) $293,352 (5.4%) 0.00 93
    2022-09-01 $226,225 (9.2%) $292,795 (14.5%) 0.00 93
    2022-10-01 $230,000 (17.1%) $293,620 (19.3%) 0.00 89
    2022-11-01 $213,350 (-4.5%) $299,073 (14.0%) 0.00 86
    2022-12-01 $220,000 (-2.1%) $299,107 (15.0%) 0.00 81
    2023-01-01 $224,750 (8.4%) $307,006 (24.4%) 0.00 82
    2023-02-01 $236,000 (9.5%) $319,307 (30.8%) 0.00 73
    2023-03-01 $249,500 (7.3%) $366,582 (45.3%) 0.00 58
    2023-04-01 $249,700 (12.2%) $352,320 (42.1%) 0.00 62
    2023-05-01 $249,500 (9.7%) $332,625 (36.8%) 0.00 68
    2023-06-01 $240,225 (6.8%) $320,394 (21.6%) 0.00 69
    2023-07-01 $214,900 (-1.9%) $311,530 (19.2%) 0.00 75
    2023-08-01 $204,950 (-8.9%) $293,654 (0.1%) 0.00 92
    2023-09-01 $217,450 (-3.9%) $277,098 (-5.4%) 0.00 93
    2023-10-01 $240,225 (4.5%) $283,765 (-3.4%) 0.00 111
    2023-11-01 $235,000 (10.2%) $284,214 (-5.0%) 0.00 121
    2023-12-01 $237,000 (7.7%) $283,968 (-5.1%) 0.00 119
    2024-01-01 $243,700 (8.4%) $289,423 (-5.7%) 0.00 103
    2024-02-01 $245,000 (3.8%) $295,226 (-7.5%) 0.00 110
    2024-03-01 $235,000 (-5.8%) $290,997 (-20.6%) 0.00 102
    2024-04-01 $243,675 (-2.4%) $296,606 (-15.8%) 0.00 99
    2024-05-01 $263,250 (5.5%) $327,650 (-1.5%) 0.00 107
    2024-06-01 $250,000 (4.1%) $314,105 (-2.0%) 0.00 109
    2024-07-01 $242,500 (12.8%) $306,910 (-1.5%) 0.00 133
    2024-08-01 $242,500 (18.3%) $315,608 (7.5%) 0.00 130
    2024-09-01 $239,900 (10.3%) $298,359 (7.7%) 0.00 145
    2024-10-01 $246,250 (2.5%) $294,527 (3.8%) 0.00 160
    2024-11-01 $250,000 (6.4%) $300,707 (5.8%) 0.00 172
    2024-12-01 $249,500 (5.3%) $285,886 (0.7%) 0.00 147
    2025-01-01 $249,800 (2.5%) $285,972 (-1.2%) 0.00 138
    2025-02-01 $254,900 (4.0%) $285,690 (-3.2%) 0.00 121
    2025-03-01 $251,750 (7.1%) $288,567 (-0.8%) 0.00 121
    Mount Sterling's median listing price for 2025-03-01 was $251,750, a difference of $16,750 (7.1%) versus the prior year and $-3,150 versus the prior month.

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

    Mount Sterling's average listing price for 2025-03-01 was $288,567, a difference of $-2,430 (-0.8%) versus the prior year and $2,877 versus the prior month.

    For the 2025-03-01 period, Mount Sterling had 121 MLS listings, a difference of 0 listings (0%) versus the prior month and 19 listings (19%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Mount Sterling (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,463 sqft
    2018-02-01 0 days 1,501 sqft
    2018-03-01 0 days 1,560 sqft
    2018-04-01 0 days 1,596 sqft
    2018-05-01 0 days 1,600 sqft
    2018-06-01 0 days 1,600 sqft
    2018-07-01 0 days 1,627 sqft
    2018-08-01 0 days 1,720 sqft
    2018-09-01 0 days 1,674 sqft
    2018-10-01 0 days 1,614 sqft
    2018-11-01 0 days 1,592 sqft
    2018-12-01 0 days 1,586 sqft
    2019-01-01 0 days 1,620 sqft
    2019-02-01 0 days 1,680 sqft
    2019-03-01 0 days 1,680 sqft
    2019-04-01 0 days 1,680 sqft
    2019-05-01 0 days 1,680 sqft
    2019-06-01 0 days 1,650 sqft
    2019-07-01 0 days 1,607 sqft
    2019-08-01 0 days 1,636 sqft
    2019-09-01 0 days 1,616 sqft
    2019-10-01 0 days 1,602 sqft
    2019-11-01 0 days 1,600 sqft
    2019-12-01 0 days 1,646 sqft
    2020-01-01 0 days 1,605 sqft
    2020-02-01 0 days 1,670 sqft
    2020-03-01 0 days 1,626 sqft
    2020-04-01 0 days 1,584 sqft
    2020-05-01 0 days 1,684 sqft
    2020-06-01 0 days 1,678 sqft
    2020-07-01 0 days 1,638 sqft
    2020-08-01 0 days 1,633 sqft
    2020-09-01 0 days 1,664 sqft
    2020-10-01 0 days 1,738 sqft
    2020-11-01 0 days 1,744 sqft
    2020-12-01 0 days 1,779 sqft
    2021-01-01 0 days 1,900 sqft
    2021-02-01 0 days 1,692 sqft
    2021-03-01 0 days 1,733 sqft
    2021-04-01 0 days 1,633 sqft
    2021-05-01 0 days 1,600 sqft
    2021-06-01 0 days 1,684 sqft
    2021-07-01 0 days 1,756 sqft
    2021-08-01 0 days 1,812 sqft
    2021-09-01 0 days 1,770 sqft
    2021-10-01 0 days 1,588 sqft
    2021-11-01 0 days 1,806 sqft
    2021-12-01 0 days 1,791 sqft
    2022-01-01 0 days 1,605 sqft
    2022-02-01 0 days 1,634 sqft
    2022-03-01 0 days 1,800 sqft
    2022-04-01 0 days 1,687 sqft
    2022-05-01 0 days 1,769 sqft
    2022-06-01 0 days 1,624 sqft
    2022-07-01 0 days 1,560 sqft
    2022-08-01 0 days 1,620 sqft
    2022-09-01 0 days 1,713 sqft
    2022-10-01 0 days 1,701 sqft
    2022-11-01 0 days 1,677 sqft
    2022-12-01 0 days 1,680 sqft
    2023-01-01 0 days 1,770 sqft
    2023-02-01 0 days 1,715 sqft
    2023-03-01 0 days 1,695 sqft
    2023-04-01 0 days 1,822 sqft
    2023-05-01 0 days 1,780 sqft
    2023-06-01 0 days 1,709 sqft
    2023-07-01 0 days 1,560 sqft
    2023-08-01 0 days 1,493 sqft
    2023-09-01 0 days 1,500 sqft
    2023-10-01 0 days 1,533 sqft
    2023-11-01 0 days 1,521 sqft
    2023-12-01 0 days 1,533 sqft
    2024-01-01 0 days 1,536 sqft
    2024-02-01 0 days 1,495 sqft
    2024-03-01 0 days 1,474 sqft
    2024-04-01 0 days 1,526 sqft
    2024-05-01 0 days 1,536 sqft
    2024-06-01 0 days 1,532 sqft
    2024-07-01 0 days 1,500 sqft
    2024-08-01 0 days 1,500 sqft
    2024-09-01 0 days 1,459 sqft
    2024-10-01 0 days 1,478 sqft
    2024-11-01 0 days 1,482 sqft
    2024-12-01 0 days 1,490 sqft
    2025-01-01 0 days 1,492 sqft
    2025-02-01 0 days 1,529 sqft
    2025-03-01 0 days 1,518 sqft
    Mount Sterling's median listing age (time on market) for 2025-03-01 was 0 days.

    Mount Sterling's median square footage for active listings during the 2025-03-01 period was 1,518 sqft. One year prior, the average listing was 1,474 sqft.