Natchez USDA Loan Rates, Closing Costs & Stats
Natchez, MS-LA
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.
Natchez's 11 lenders originated 30 USDA loans during 2023. The total origination value was $4,320,000, with an average USDA loan value of $144,000.
Natchez USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Natchez
averaged
6.8%
for the week of 2025-02-14, compared to the national average (all USDA variants) of
6.526% for the same period.
Natchez's average USDA mortgage closing costs are $4,690.
The average rate for the prior week (2025-02-07) was
6.66% and
one month ago for the week of 2025-01-10, the
average rate was 6.5%.
The average rate one year ago was 6.9%.
For refis of the same type during the week of 2025-02-14, the average rate
was 6.63%.
Natchez 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 Natchez level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
CROSSCOUNTRY MORTGAGE, LLC | 14 | 7.16% | $6,900 |
NEWREZ LLC | 4 | 6.97% | $3,730 |
MOVEMENT MORTGAGE, LLC | 2 | 6.50% | $6,661 |
Assurance Financial Group, L.L.C. | 2 | 7.37% | $6,829 |
Flagstar Bank, FSB | 2 | 6.69% | $5,464 |
AMERICAN FINANCIAL NETWORK, INC. | 1 | 7.00% | $4,430 |
UNITED WHOLESALE MORTGAGE, LLC | 1 | 6.50% | $4,490 |
FIDELITY BANK | 1 | 6.13% | $5,870 |
GMFS LLC | 1 | 5.75% | $4,329 |
PLAZA HOME MORTGAGE, INC. | 1 | 7.63% | $11,096 |
Red River Bank | 1 | 6.35% | $4,141 |
The top Natchez USDA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with
14 USDA loans originated. Their average total fees are
$6,900, which is $3,170
higher than the next largest lender,
NEWREZ LLC.
The lowest fee Natchez USDA lenders (with over 10 loans originated) are
CROSSCOUNTRY MORTGAGE, LLC ($6,900), .
The lowest rate Natchez USDA lenders (with over 10 loans originated) are
CROSSCOUNTRY MORTGAGE, LLC (7.16%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Natchez (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 | $189,950 (21.8%) | $250,142 (-1.4%) | 0.00 | 288 |
2018-02-01 | $189,350 (26.3%) | $248,224 (-0.9%) | 0.00 | 301 |
2018-03-01 | $183,750 (22.5%) | $244,459 (-1.2%) | 0.00 | 319 |
2018-04-01 | $183,625 (15.5%) | $248,562 (2.5%) | 0.00 | 344 |
2018-05-01 | $182,350 (6.3%) | $244,425 (-4.5%) | 0.00 | 337 |
2018-06-01 | $176,250 (0.7%) | $243,229 (-3.1%) | 0.00 | 367 |
2018-07-01 | $168,750 (-3.1%) | $240,816 (0.0%) | 0.00 | 386 |
2018-08-01 | $165,750 (-7.7%) | $244,514 (-1.4%) | 0.00 | 374 |
2018-09-01 | $169,000 (-8.4%) | $254,393 (4.1%) | 0.00 | 373 |
2018-10-01 | $169,450 (-0.3%) | $261,204 (8.4%) | 0.00 | 367 |
2018-11-01 | $165,000 (-11.3%) | $255,676 (3.2%) | 0.00 | 361 |
2018-12-01 | $169,000 (-10.8%) | $261,364 (6.3%) | 0.00 | 337 |
2019-01-01 | $169,000 (-11.0%) | $257,736 (3.0%) | 0.00 | 313 |
2019-02-01 | $176,950 (-6.6%) | $258,217 (4.0%) | 0.00 | 317 |
2019-03-01 | $189,671 (3.2%) | $268,755 (9.9%) | 0.00 | 325 |
2019-04-01 | $189,871 (3.4%) | $272,750 (9.7%) | 0.00 | 340 |
2019-05-01 | $188,875 (3.6%) | $261,888 (7.1%) | 0.00 | 362 |
2019-06-01 | $185,000 (5.0%) | $262,187 (7.8%) | 0.00 | 369 |
2019-07-01 | $186,125 (10.3%) | $265,502 (10.3%) | 0.00 | 377 |
2019-08-01 | $182,873 (10.3%) | $250,708 (2.5%) | 0.00 | 372 |
2019-09-01 | $179,682 (6.3%) | $246,870 (-3.0%) | 0.00 | 367 |
2019-10-01 | $177,150 (4.5%) | $243,880 (-6.6%) | 0.00 | 362 |
2019-11-01 | $179,500 (8.8%) | $246,005 (-3.8%) | 0.00 | 357 |
2019-12-01 | $175,000 (3.6%) | $243,934 (-6.7%) | 0.00 | 358 |
2020-01-01 | $176,500 (4.4%) | $244,006 (-5.3%) | 0.00 | 352 |
2020-02-01 | $183,250 (3.6%) | $247,929 (-4.0%) | 0.00 | 366 |
2020-03-01 | $187,438 (-1.2%) | $255,382 (-5.0%) | 0.00 | 358 |
2020-04-01 | $187,563 (-1.2%) | $253,282 (-7.1%) | 0.00 | 327 |
2020-05-01 | $182,500 (-3.4%) | $254,415 (-2.9%) | 0.00 | 310 |
2020-06-01 | $192,500 (4.1%) | $263,716 (0.6%) | 0.00 | 315 |
2020-07-01 | $195,500 (5.0%) | $266,077 (0.2%) | 0.00 | 314 |
2020-08-01 | $192,500 (5.3%) | $257,066 (2.5%) | 0.00 | 322 |
2020-09-01 | $186,250 (3.7%) | $262,010 (6.1%) | 0.00 | 328 |
2020-10-01 | $186,500 (5.3%) | $273,767 (12.3%) | 0.00 | 319 |
2020-11-01 | $189,250 (5.4%) | $285,236 (16.0%) | 0.00 | 291 |
2020-12-01 | $186,500 (6.6%) | $279,814 (14.7%) | 0.00 | 288 |
2021-01-01 | $191,000 (8.2%) | $294,274 (20.6%) | 0.00 | 265 |
2021-02-01 | $193,875 (5.8%) | $300,606 (21.3%) | 0.00 | 247 |
2021-03-01 | $185,875 (-0.8%) | $301,140 (17.9%) | 0.00 | 202 |
2021-04-01 | $178,250 (-5.0%) | $298,294 (17.8%) | 0.00 | 185 |
2021-05-01 | $179,000 (-1.9%) | $300,603 (18.2%) | 0.00 | 178 |
2021-06-01 | $183,812 (-4.5%) | $298,690 (13.3%) | 0.00 | 180 |
2021-07-01 | $187,000 (-4.4%) | $316,203 (18.8%) | 0.00 | 190 |
2021-08-01 | $187,000 (-2.9%) | $312,463 (21.6%) | 0.00 | 193 |
2021-09-01 | $199,000 (6.9%) | $327,024 (24.8%) | 0.00 | 174 |
2021-10-01 | $195,000 (4.6%) | $328,215 (19.9%) | 0.00 | 153 |
2021-11-01 | $185,000 (-2.3%) | $331,626 (16.3%) | 0.00 | 148 |
2021-12-01 | $176,750 (-5.2%) | $325,602 (16.4%) | 0.00 | 149 |
2022-01-01 | $185,000 (-3.1%) | $349,387 (18.7%) | 0.00 | 136 |
2022-02-01 | $185,000 (-4.6%) | $365,354 (21.5%) | 0.00 | 130 |
2022-03-01 | $196,250 (5.6%) | $356,876 (18.5%) | 0.00 | 140 |
2022-04-01 | $182,400 (2.3%) | $347,384 (16.5%) | 0.00 | 146 |
2022-05-01 | $194,500 (8.7%) | $322,352 (7.2%) | 0.00 | 145 |
2022-06-01 | $221,000 (20.2%) | $342,505 (14.7%) | 0.00 | 138 |
2022-07-01 | $210,000 (12.3%) | $324,420 (2.6%) | 0.00 | 147 |
2022-08-01 | $197,450 (5.6%) | $332,323 (6.4%) | 0.00 | 128 |
2022-09-01 | $193,750 (-2.6%) | $309,811 (-5.3%) | 0.00 | 136 |
2022-10-01 | $195,000 (0.0%) | $303,454 (-7.5%) | 0.00 | 137 |
2022-11-01 | $195,000 (5.4%) | $307,920 (-7.2%) | 0.00 | 133 |
2022-12-01 | $195,000 (10.3%) | $323,754 (-0.6%) | 0.00 | 132 |
2023-01-01 | $220,950 (19.4%) | $345,574 (-1.1%) | 0.00 | 129 |
2023-02-01 | $211,125 (14.1%) | $335,358 (-8.2%) | 0.00 | 131 |
2023-03-01 | $223,250 (13.8%) | $353,683 (-0.9%) | 0.00 | 134 |
2023-04-01 | $229,000 (25.6%) | $360,815 (3.9%) | 0.00 | 138 |
2023-05-01 | $224,950 (15.7%) | $355,245 (10.2%) | 0.00 | 145 |
2023-06-01 | $226,000 (2.3%) | $366,012 (6.9%) | 0.00 | 157 |
2023-07-01 | $225,000 (7.1%) | $368,396 (13.6%) | 0.00 | 159 |
2023-08-01 | $215,750 (9.3%) | $356,649 (7.3%) | 0.00 | 172 |
2023-09-01 | $225,000 (16.1%) | $371,238 (19.8%) | 0.00 | 174 |
2023-10-01 | $238,750 (22.4%) | $378,212 (24.6%) | 0.00 | 171 |
2023-11-01 | $232,075 (19.0%) | $367,905 (19.5%) | 0.00 | 172 |
2023-12-01 | $227,450 (16.6%) | $363,134 (12.2%) | 0.00 | 153 |
2024-01-01 | $246,500 (11.6%) | $379,333 (9.8%) | 0.00 | 147 |
2024-02-01 | $263,725 (24.9%) | $400,955 (19.6%) | 0.00 | 143 |
2024-03-01 | $273,500 (22.5%) | $397,123 (12.3%) | 0.00 | 168 |
2024-04-01 | $294,000 (28.4%) | $417,281 (15.7%) | 0.00 | 182 |
2024-05-01 | $299,874 (33.3%) | $429,501 (20.9%) | 0.00 | 193 |
2024-06-01 | $293,750 (30.0%) | $421,247 (15.1%) | 0.00 | 206 |
2024-07-01 | $319,225 (41.9%) | $425,397 (15.5%) | 0.00 | 211 |
2024-08-01 | $329,000 (52.5%) | $416,582 (16.8%) | 0.00 | 208 |
2024-09-01 | $324,225 (44.1%) | $422,661 (13.9%) | 0.00 | 218 |
2024-10-01 | $295,000 (23.6%) | $401,797 (6.2%) | 0.00 | 229 |
2024-11-01 | $295,000 (27.1%) | $391,885 (6.5%) | 0.00 | 229 |
2024-12-01 | $290,725 (27.8%) | $401,600 (10.6%) | 0.00 | 215 |
2025-01-01 | $283,250 (14.9%) | $393,655 (3.8%) | 0.00 | 218 |
Natchez's median listing price comes in at 0% of the national average.
Natchez's average listing price for 2025-01-01 was $393,655, a difference of $14,322 (3.8%) versus the prior year and $-7,945 versus the prior month.
For the 2025-01-01 period, Natchez had 218 MLS listings, a difference of 3 listings (1%) versus the prior month and 71 listings (48%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Natchez (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,116 sqft |
2018-02-01 | 0 days | 2,099 sqft |
2018-03-01 | 0 days | 2,011 sqft |
2018-04-01 | 0 days | 2,029 sqft |
2018-05-01 | 0 days | 1,998 sqft |
2018-06-01 | 0 days | 1,966 sqft |
2018-07-01 | 0 days | 1,885 sqft |
2018-08-01 | 0 days | 1,900 sqft |
2018-09-01 | 0 days | 1,960 sqft |
2018-10-01 | 0 days | 1,976 sqft |
2018-11-01 | 0 days | 1,932 sqft |
2018-12-01 | 0 days | 1,939 sqft |
2019-01-01 | 0 days | 1,913 sqft |
2019-02-01 | 0 days | 1,931 sqft |
2019-03-01 | 0 days | 1,964 sqft |
2019-04-01 | 0 days | 1,960 sqft |
2019-05-01 | 0 days | 1,993 sqft |
2019-06-01 | 0 days | 1,986 sqft |
2019-07-01 | 0 days | 1,982 sqft |
2019-08-01 | 0 days | 1,966 sqft |
2019-09-01 | 0 days | 1,944 sqft |
2019-10-01 | 0 days | 1,926 sqft |
2019-11-01 | 0 days | 1,960 sqft |
2019-12-01 | 0 days | 1,953 sqft |
2020-01-01 | 0 days | 1,967 sqft |
2020-02-01 | 0 days | 1,986 sqft |
2020-03-01 | 0 days | 2,009 sqft |
2020-04-01 | 0 days | 2,003 sqft |
2020-05-01 | 0 days | 2,000 sqft |
2020-06-01 | 0 days | 2,076 sqft |
2020-07-01 | 0 days | 2,085 sqft |
2020-08-01 | 0 days | 2,068 sqft |
2020-09-01 | 0 days | 2,052 sqft |
2020-10-01 | 0 days | 2,048 sqft |
2020-11-01 | 0 days | 2,084 sqft |
2020-12-01 | 0 days | 2,052 sqft |
2021-01-01 | 0 days | 2,089 sqft |
2021-02-01 | 0 days | 2,042 sqft |
2021-03-01 | 0 days | 2,024 sqft |
2021-04-01 | 0 days | 1,917 sqft |
2021-05-01 | 0 days | 1,876 sqft |
2021-06-01 | 0 days | 1,905 sqft |
2021-07-01 | 0 days | 1,925 sqft |
2021-08-01 | 0 days | 1,950 sqft |
2021-09-01 | 0 days | 1,977 sqft |
2021-10-01 | 0 days | 1,925 sqft |
2021-11-01 | 0 days | 1,914 sqft |
2021-12-01 | 0 days | 1,893 sqft |
2022-01-01 | 0 days | 1,950 sqft |
2022-02-01 | 0 days | 2,211 sqft |
2022-03-01 | 0 days | 2,252 sqft |
2022-04-01 | 0 days | 2,133 sqft |
2022-05-01 | 0 days | 2,029 sqft |
2022-06-01 | 0 days | 2,191 sqft |
2022-07-01 | 0 days | 2,130 sqft |
2022-08-01 | 0 days | 1,909 sqft |
2022-09-01 | 0 days | 1,863 sqft |
2022-10-01 | 0 days | 1,843 sqft |
2022-11-01 | 0 days | 1,884 sqft |
2022-12-01 | 0 days | 1,879 sqft |
2023-01-01 | 0 days | 2,039 sqft |
2023-02-01 | 0 days | 1,987 sqft |
2023-03-01 | 0 days | 2,028 sqft |
2023-04-01 | 0 days | 2,188 sqft |
2023-05-01 | 0 days | 2,113 sqft |
2023-06-01 | 0 days | 2,154 sqft |
2023-07-01 | 0 days | 2,060 sqft |
2023-08-01 | 0 days | 2,005 sqft |
2023-09-01 | 0 days | 2,281 sqft |
2023-10-01 | 0 days | 2,294 sqft |
2023-11-01 | 0 days | 2,281 sqft |
2023-12-01 | 0 days | 2,248 sqft |
2024-01-01 | 0 days | 2,279 sqft |
2024-02-01 | 0 days | 2,297 sqft |
2024-03-01 | 0 days | 2,374 sqft |
2024-04-01 | 0 days | 2,450 sqft |
2024-05-01 | 0 days | 2,437 sqft |
2024-06-01 | 0 days | 2,395 sqft |
2024-07-01 | 0 days | 2,455 sqft |
2024-08-01 | 0 days | 2,447 sqft |
2024-09-01 | 0 days | 2,390 sqft |
2024-10-01 | 0 days | 2,317 sqft |
2024-11-01 | 0 days | 2,248 sqft |
2024-12-01 | 0 days | 2,168 sqft |
2025-01-01 | 0 days | 2,167 sqft |
Natchez's median square footage for active listings during the 2025-01-01 period was 2,167 sqft. One year prior, the average listing was 2,279 sqft.