Nassau County USDA Loan Rates, Closing Costs & Stats
NASSAU COUNTY-SUFFOLK COUNTY, NY
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.
Nassau County USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Nassau County
averaged
0%
for the week of 2024-01-26, compared to the national average (all USDA variants) of
6.535% for the same period.
Nassau County's average USDA mortgage closing costs are $0.
The average rate for the prior week (2024-01-19) was
0% and
one month ago for the week of 2023-12-22, the
average rate was 0%.
The average rate one year ago was 0%.
For refis of the same type during the week of 2024-01-26, the average rate
was 0%.
Nassau County 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 Nassau County level.
Name | # of Loans | 2022 Avg. 30yFix Rate | 2022 Avg. Closing Costs |
---|
The lowest fee Nassau County USDA lenders (with over 10 loans originated) are
.
The lowest rate Nassau County USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Nassau County (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $504,500 (12.2%) | $1,202,009 (11.3%) | 1.87 | 47,158 |
2018-02-01 | $525,000 (13.2%) | $1,203,943 (6.8%) | 1.91 | 49,638 |
2018-03-01 | $539,900 (11.9%) | $1,180,932 (3.9%) | 1.89 | 53,177 |
2018-04-01 | $551,900 (10.6%) | $1,177,477 (1.1%) | 1.87 | 56,291 |
2018-05-01 | $569,000 (10.7%) | $1,170,935 (1.1%) | 1.90 | 61,348 |
2018-06-01 | $569,367 (9.5%) | $1,153,130 (-0.1%) | 1.90 | 64,303 |
2018-07-01 | $564,000 (8.7%) | $1,133,583 (-0.8%) | 1.88 | 64,928 |
2018-08-01 | $550,000 (10.1%) | $1,099,915 (-1.9%) | 1.84 | 64,090 |
2018-09-01 | $559,000 (10.7%) | $1,107,860 (-2.7%) | 1.88 | 64,664 |
2018-10-01 | $559,000 (7.0%) | $1,118,444 (-4.1%) | 1.89 | 65,014 |
2018-11-01 | $559,000 (7.6%) | $1,130,080 (-3.5%) | 1.89 | 62,641 |
2018-12-01 | $549,000 (7.7%) | $1,130,073 (-4.4%) | 1.89 | 56,644 |
2019-01-01 | $545,000 (8.0%) | $1,129,587 (-6.0%) | 1.88 | 52,144 |
2019-02-01 | $549,450 (4.7%) | $1,141,883 (-5.2%) | 1.86 | 54,156 |
2019-03-01 | $562,429 (4.2%) | $1,142,411 (-3.3%) | 1.84 | 57,715 |
2019-04-01 | $579,000 (4.9%) | $1,138,189 (-3.3%) | 1.84 | 61,682 |
2019-05-01 | $595,000 (4.6%) | $1,143,149 (-2.4%) | 1.86 | 67,048 |
2019-06-01 | $595,000 (4.5%) | $1,134,417 (-1.6%) | 1.86 | 68,876 |
2019-07-01 | $582,500 (3.3%) | $1,121,551 (-1.1%) | 1.82 | 67,787 |
2019-08-01 | $581,282 (5.7%) | $1,115,811 (1.5%) | 1.84 | 66,920 |
2019-09-01 | $583,373 (4.4%) | $1,128,519 (1.9%) | 1.87 | 66,091 |
2019-10-01 | $585,000 (4.7%) | $1,138,609 (1.8%) | 1.89 | 64,992 |
2019-11-01 | $579,000 (3.6%) | $1,151,344 (1.9%) | 1.90 | 61,214 |
2019-12-01 | $579,000 (5.5%) | $1,177,570 (4.2%) | 1.93 | 53,427 |
2020-01-01 | $572,444 (5.0%) | $1,186,478 (5.0%) | 1.91 | 49,253 |
2020-02-01 | $579,900 (5.5%) | $1,189,767 (4.2%) | 1.90 | 50,655 |
2020-03-01 | $599,000 (6.5%) | $1,194,673 (4.6%) | 1.88 | 52,117 |
2020-04-01 | $599,000 (3.5%) | $1,235,772 (8.6%) | 1.88 | 48,240 |
2020-05-01 | $599,000 (0.7%) | $1,210,595 (5.9%) | 1.82 | 47,907 |
2020-06-01 | $607,500 (2.1%) | $1,202,565 (6.0%) | 1.79 | 50,560 |
2020-07-01 | $629,500 (8.1%) | $1,216,702 (8.5%) | 1.82 | 53,810 |
2020-08-01 | $649,000 (11.7%) | $1,257,417 (12.7%) | 1.86 | 53,863 |
2020-09-01 | $649,450 (11.3%) | $1,270,416 (12.6%) | 1.86 | 54,156 |
2020-10-01 | $650,000 (11.1%) | $1,299,649 (14.1%) | 1.86 | 55,225 |
2020-11-01 | $649,950 (12.3%) | $1,314,329 (14.2%) | 1.90 | 51,805 |
2020-12-01 | $649,950 (12.3%) | $1,335,856 (13.4%) | 1.93 | 46,559 |
2021-01-01 | $649,900 (13.5%) | $1,382,468 (16.5%) | 1.94 | 40,167 |
2021-02-01 | $650,000 (12.1%) | $1,405,632 (18.1%) | 1.89 | 38,479 |
2021-03-01 | $649,000 (8.4%) | $1,389,414 (16.3%) | 1.84 | 38,238 |
2021-04-01 | $650,000 (8.5%) | $1,398,927 (13.2%) | 1.76 | 39,849 |
2021-05-01 | $650,000 (8.5%) | $1,386,816 (14.6%) | 1.73 | 42,006 |
2021-06-01 | $649,000 (6.8%) | $1,349,421 (12.2%) | 1.71 | 44,486 |
2021-07-01 | $629,000 (-0.1%) | $1,306,847 (7.4%) | 1.66 | 44,713 |
2021-08-01 | $622,500 (-4.1%) | $1,291,473 (2.7%) | 1.66 | 44,179 |
2021-09-01 | $618,500 (-4.8%) | $1,294,429 (1.9%) | 1.65 | 43,157 |
2021-10-01 | $625,000 (-3.9%) | $1,312,849 (1.0%) | 1.67 | 43,094 |
2021-11-01 | $625,000 (-3.8%) | $1,361,693 (3.6%) | 1.67 | 38,713 |
2021-12-01 | $625,000 (-3.8%) | $1,394,619 (4.4%) | 1.69 | 32,599 |
2022-01-01 | $625,000 (-3.8%) | $1,504,746 (8.8%) | 1.69 | 27,899 |
2022-02-01 | $644,000 (-0.9%) | $1,450,293 (3.2%) | 1.67 | 28,276 |
2022-03-01 | $649,995 (0.2%) | $1,458,481 (5.0%) | 1.63 | 30,200 |
2022-04-01 | $669,000 (2.9%) | $1,456,264 (4.1%) | 1.59 | 31,854 |
2022-05-01 | $677,000 (4.2%) | $1,441,815 (4.0%) | 1.55 | 35,675 |
2022-06-01 | $677,000 (4.3%) | $1,388,381 (2.9%) | 1.51 | 38,375 |
2022-07-01 | $669,000 (6.4%) | $1,347,547 (3.1%) | 1.51 | 40,505 |
2022-08-01 | $659,000 (5.9%) | $1,330,805 (3.1%) | 1.52 | 39,663 |
2022-09-01 | $669,950 (8.3%) | $1,378,150 (6.5%) | 1.57 | 39,194 |
2022-10-01 | $675,000 (8.0%) | $1,467,863 (11.8%) | 1.59 | 39,584 |
2022-11-01 | $675,000 (8.0%) | $1,509,917 (10.9%) | 1.62 | 38,210 |
2022-12-01 | $670,000 (7.2%) | $1,533,197 (9.9%) | 1.65 | 33,584 |
2023-01-01 | $672,000 (7.5%) | $1,560,947 (3.7%) | 1.66 | 30,337 |
2023-02-01 | $689,000 (7.0%) | $1,590,337 (9.7%) | 1.66 | 29,853 |
2023-03-01 | $699,000 (7.5%) | $1,602,684 (9.9%) | 1.65 | 29,858 |
2023-04-01 | $701,390 (4.8%) | $1,624,018 (11.5%) | 1.63 | 31,009 |
2023-05-01 | $744,500 (10.0%) | $1,685,175 (16.9%) | 1.69 | 32,100 |
2023-06-01 | $749,000 (10.6%) | $1,637,529 (18.0%) | 1.68 | 32,921 |
2023-07-01 | $745,000 (11.4%) | $1,605,623 (19.2%) | 1.69 | 32,746 |
2023-08-01 | $725,000 (10.0%) | $1,569,227 (17.9%) | 1.66 | 32,396 |
2023-09-01 | $725,000 (8.2%) | $1,554,575 (12.8%) | 1.69 | 34,330 |
2023-10-01 | $737,000 (9.2%) | $1,621,844 (10.5%) | 1.73 | 33,513 |
2023-11-01 | $737,450 (9.3%) | $1,682,736 (11.5%) | 1.76 | 33,821 |
2023-12-01 | $748,000 (11.6%) | $1,777,508 (15.9%) | 1.82 | 28,830 |
Nassau County's median listing price comes in at 182% of the national average.
Nassau County's average listing price for 2023-12-01 was $1,777,508, a difference of $244,311 (15.9%) versus the prior year and $94,772 versus the prior month.
For the 2023-12-01 period, Nassau County had 28,830 MLS listings, a difference of -4,991 listings (-15%) versus the prior month and -4,754 listings (-14%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Nassau County (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 83 days | 1,842 sqft |
2018-02-01 | 72 days | 1,855 sqft |
2018-03-01 | 52 days | 1,880 sqft |
2018-04-01 | 50 days | 1,893 sqft |
2018-05-01 | 46 days | 1,907 sqft |
2018-06-01 | 50 days | 1,918 sqft |
2018-07-01 | 59 days | 1,919 sqft |
2018-08-01 | 64 days | 1,911 sqft |
2018-09-01 | 66 days | 1,899 sqft |
2018-10-01 | 63 days | 1,887 sqft |
2018-11-01 | 65 days | 1,863 sqft |
2018-12-01 | 78 days | 1,838 sqft |
2019-01-01 | 82 days | 1,820 sqft |
2019-02-01 | 73 days | 1,827 sqft |
2019-03-01 | 59 days | 1,863 sqft |
2019-04-01 | 50 days | 1,904 sqft |
2019-05-01 | 50 days | 1,918 sqft |
2019-06-01 | 55 days | 1,925 sqft |
2019-07-01 | 64 days | 1,920 sqft |
2019-08-01 | 67 days | 1,915 sqft |
2019-09-01 | 68 days | 1,906 sqft |
2019-10-01 | 69 days | 1,900 sqft |
2019-11-01 | 71 days | 1,848 sqft |
2019-12-01 | 85 days | 1,825 sqft |
2020-01-01 | 90 days | 1,809 sqft |
2020-02-01 | 75 days | 1,832 sqft |
2020-03-01 | 54 days | 1,850 sqft |
2020-04-01 | 71 days | 1,850 sqft |
2020-05-01 | 85 days | 1,861 sqft |
2020-06-01 | 85 days | 1,858 sqft |
2020-07-01 | 47 days | 1,802 sqft |
2020-08-01 | 47 days | 1,752 sqft |
2020-09-01 | 51 days | 1,701 sqft |
2020-10-01 | 51 days | 1,684 sqft |
2020-11-01 | 60 days | 1,647 sqft |
2020-12-01 | 74 days | 1,606 sqft |
2021-01-01 | 84 days | 1,564 sqft |
2021-02-01 | 78 days | 1,531 sqft |
2021-03-01 | 55 days | 1,529 sqft |
2021-04-01 | 44 days | 1,541 sqft |
2021-05-01 | 41 days | 1,560 sqft |
2021-06-01 | 44 days | 1,572 sqft |
2021-07-01 | 47 days | 1,582 sqft |
2021-08-01 | 53 days | 1,576 sqft |
2021-09-01 | 57 days | 1,555 sqft |
2021-10-01 | 57 days | 1,530 sqft |
2021-11-01 | 58 days | 1,504 sqft |
2021-12-01 | 70 days | 1,455 sqft |
2022-01-01 | 79 days | 1,424 sqft |
2022-02-01 | 60 days | 1,405 sqft |
2022-03-01 | 40 days | 1,427 sqft |
2022-04-01 | 39 days | 1,446 sqft |
2022-05-01 | 38 days | 1,503 sqft |
2022-06-01 | 39 days | 1,549 sqft |
2022-07-01 | 44 days | 1,558 sqft |
2022-08-01 | 54 days | 1,544 sqft |
2022-09-01 | 59 days | 1,538 sqft |
2022-10-01 | 59 days | 1,525 sqft |
2022-11-01 | 62 days | 1,513 sqft |
2022-12-01 | 75 days | 1,500 sqft |
2023-01-01 | 82 days | 1,472 sqft |
2023-02-01 | 75 days | 1,468 sqft |
2023-03-01 | 55 days | 1,474 sqft |
2023-04-01 | 50 days | 1,480 sqft |
2023-05-01 | 48 days | 1,500 sqft |
2023-06-01 | 51 days | 1,507 sqft |
2023-07-01 | 54 days | 1,535 sqft |
2023-08-01 | 59 days | 1,541 sqft |
2023-09-01 | 60 days | 1,547 sqft |
2023-10-01 | 56 days | 1,552 sqft |
2023-11-01 | 58 days | 1,553 sqft |
2023-12-01 | 71 days | 1,536 sqft |
Nassau County's median square footage for active listings during the 2023-12-01 period was 1,536 sqft. One year prior, the average listing was 1,500 sqft.