Natchitoches USDA Loan Rates, Closing Costs & Stats

Natchitoches, LA

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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.

    Natchitoches's 13 lenders originated 31 USDA loans during 2023. The total origination value was $5,365,000, with an average USDA loan value of $173,065.

    Natchitoches USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Natchitoches averaged 0.29% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

    Natchitoches's average USDA mortgage closing costs are $4,795.

    The average rate for the prior week (2024-11-08) was 6.45% and one month ago for the week of 2024-10-11, the average rate was 6.21%.

    The average rate one year ago was 7.44%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0%.

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

    Natchitoches 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 Natchitoches level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GMFS LLC 6 6.64% $3,546
    NEWREZ LLC 4 7.16% $5,591
    SOUTHPOINT FINANCIAL SERVICES, INC. 4 6.81% $1,951
    Sabine State Bank and Trust Company 3 6.42% $6,517
    CARDINAL FINANCIAL 3 6.67% $4,999
    UNITED WHOLESALE MORTGAGE, LLC 3 6.00% $8,280
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.25% $4,931
    MID AMERICA MORTGAGE, INC. 1 5.88% $5,352
    Equity Prime Mortgage LLC 1 6.75% $7,451
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.63% $6,283
    Assurance Financial Group, L.L.C. 1 6.63% $7,764
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.88% $9,689
    Renasant Bank 1 6.50% $7,396

    The top Natchitoches USDA lender as defined by loan originations is GMFS LLC, with 6 USDA loans originated. Their average total fees are $3,546, which is $2,044 lower than the next largest lender, NEWREZ LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Natchitoches (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 $175,000 (-7.5%) $236,027 (9.9%) 0.00 107
    2018-02-01 $176,625 (-6.6%) $236,203 (8.0%) 0.00 110
    2018-03-01 $179,450 (-0.7%) $226,098 (0.1%) 0.00 110
    2018-04-01 $203,125 (16.1%) $252,633 (15.0%) 0.00 122
    2018-05-01 $204,375 (15.1%) $254,022 (14.8%) 0.00 132
    2018-06-01 $199,000 (18.5%) $254,670 (22.6%) 0.00 146
    2018-07-01 $200,950 (20.0%) $255,025 (19.3%) 0.00 146
    2018-08-01 $216,225 (23.6%) $256,652 (14.6%) 0.00 145
    2018-09-01 $217,450 (7.4%) $251,839 (6.4%) 0.00 147
    2018-10-01 $209,975 (0.8%) $246,123 (4.2%) 0.00 147
    2018-11-01 $216,675 (19.7%) $250,301 (10.4%) 0.00 139
    2018-12-01 $220,000 (22.9%) $246,083 (3.8%) 0.00 139
    2019-01-01 $218,725 (25.0%) $246,447 (4.4%) 0.00 138
    2019-02-01 $214,450 (21.4%) $250,638 (6.1%) 0.00 136
    2019-03-01 $213,821 (19.2%) $247,314 (9.4%) 0.00 147
    2019-04-01 $223,875 (10.2%) $248,576 (-1.6%) 0.00 150
    2019-05-01 $225,000 (10.1%) $248,016 (-2.4%) 0.00 153
    2019-06-01 $228,250 (14.7%) $251,883 (-1.1%) 0.00 151
    2019-07-01 $227,000 (13.0%) $257,811 (1.1%) 0.00 152
    2019-08-01 $229,636 (6.2%) $260,360 (1.4%) 0.00 146
    2019-09-01 $229,841 (5.7%) $260,912 (3.6%) 0.00 148
    2019-10-01 $229,927 (9.5%) $260,919 (6.0%) 0.00 147
    2019-11-01 $225,000 (3.8%) $252,030 (0.7%) 0.00 137
    2019-12-01 $217,225 (-1.3%) $249,741 (1.5%) 0.00 135
    2020-01-01 $221,250 (1.2%) $247,016 (0.2%) 0.00 126
    2020-02-01 $225,000 (4.9%) $234,925 (-6.3%) 0.00 128
    2020-03-01 $225,000 (5.2%) $242,073 (-2.1%) 0.00 112
    2020-04-01 $225,000 (0.5%) $243,137 (-2.2%) 0.00 107
    2020-05-01 $224,900 (0.0%) $242,367 (-2.3%) 0.00 107
    2020-06-01 $222,125 (-2.7%) $251,252 (-0.3%) 0.00 104
    2020-07-01 $202,550 (-10.8%) $239,285 (-7.2%) 0.00 98
    2020-08-01 $205,775 (-10.4%) $250,416 (-3.8%) 0.00 87
    2020-09-01 $224,750 (-2.2%) $259,403 (-0.6%) 0.00 89
    2020-10-01 $224,750 (-2.3%) $267,514 (2.5%) 0.00 79
    2020-11-01 $239,125 (6.3%) $288,346 (14.4%) 0.00 70
    2020-12-01 $232,000 (6.8%) $278,447 (11.5%) 0.00 66
    2021-01-01 $249,250 (12.7%) $286,728 (16.1%) 0.00 65
    2021-02-01 $264,450 (17.5%) $294,786 (25.5%) 0.00 65
    2021-03-01 $264,225 (17.4%) $289,996 (19.8%) 0.00 73
    2021-04-01 $249,125 (10.7%) $276,768 (13.8%) 0.00 58
    2021-05-01 $207,325 (-7.8%) $249,213 (2.8%) 0.00 51
    2021-06-01 $209,950 (-5.5%) $243,971 (-2.9%) 0.00 41
    2021-07-01 $204,750 (1.1%) $269,127 (12.5%) 0.00 44
    2021-08-01 $216,100 (5.0%) $318,460 (27.2%) 0.00 50
    2021-09-01 $215,000 (-4.3%) $304,864 (17.5%) 0.00 51
    2021-10-01 $215,000 (-4.3%) $298,427 (11.6%) 0.00 52
    2021-11-01 $212,499 (-11.1%) $286,864 (-0.5%) 0.00 57
    2021-12-01 $217,000 (-6.5%) $265,670 (-4.6%) 0.00 58
    2022-01-01 $186,450 (-25.2%) $235,168 (-18.0%) 0.00 50
    2022-02-01 $188,675 (-28.7%) $258,892 (-12.2%) 0.00 40
    2022-03-01 $219,250 (-17.0%) $286,033 (-1.4%) 0.00 42
    2022-04-01 $249,000 (-0.1%) $293,956 (6.2%) 0.00 43
    2022-05-01 $254,500 (22.8%) $299,414 (20.1%) 0.00 36
    2022-06-01 $273,725 (30.4%) $303,884 (24.6%) 0.00 43
    2022-07-01 $265,000 (29.4%) $272,282 (1.2%) 0.00 43
    2022-08-01 $231,375 (7.1%) $250,102 (-21.5%) 0.00 42
    2022-09-01 $226,225 (5.2%) $243,952 (-20.0%) 0.00 44
    2022-10-01 $217,500 (1.2%) $239,099 (-19.9%) 0.00 43
    2022-11-01 $189,999 (-10.6%) $249,872 (-12.9%) 0.00 45
    2022-12-01 $210,000 (-3.2%) $252,873 (-4.8%) 0.00 49
    2023-01-01 $235,375 (26.2%) $262,321 (11.6%) 0.00 53
    2023-02-01 $245,875 (30.3%) $268,895 (3.9%) 0.00 50
    2023-03-01 $299,400 (36.6%) $288,623 (0.9%) 0.00 50
    2023-04-01 $310,000 (24.5%) $298,634 (1.6%) 0.00 54
    2023-05-01 $304,450 (19.6%) $308,067 (2.9%) 0.00 59
    2023-06-01 $301,900 (10.3%) $304,822 (0.3%) 0.00 60
    2023-07-01 $291,375 (10.0%) $293,029 (7.6%) 0.00 71
    2023-08-01 $293,250 (26.7%) $305,070 (22.0%) 0.00 82
    2023-09-01 $289,900 (28.2%) $312,759 (28.2%) 0.00 93
    2023-10-01 $326,950 (50.3%) $332,317 (39.0%) 0.00 87
    2023-11-01 $322,450 (69.7%) $324,470 (29.9%) 0.00 94
    2023-12-01 $315,000 (50.0%) $321,922 (27.3%) 0.00 94
    2024-01-01 $291,375 (23.8%) $324,930 (23.9%) 0.00 95
    2024-02-01 $297,450 (21.0%) $324,396 (20.6%) 0.00 86
    2024-03-01 $290,000 (-3.1%) $317,297 (9.9%) 0.00 88
    2024-04-01 $291,000 (-6.1%) $319,863 (7.1%) 0.00 90
    2024-05-01 $297,000 (-2.5%) $314,123 (2.0%) 0.00 103
    2024-06-01 $298,000 (-1.3%) $315,918 (3.6%) 0.00 110
    2024-07-01 $297,500 (2.1%) $308,547 (5.3%) 0.00 108
    2024-08-01 $299,500 (2.1%) $320,065 (4.9%) 0.00 99
    2024-09-01 $299,000 (3.1%) $323,662 (3.5%) 0.00 89
    2024-10-01 $295,000 (-9.8%) $321,693 (-3.2%) 0.00 92
    Natchitoches's median listing price for 2024-10-01 was $295,000, a difference of $-31,950 (-9.8%) versus the prior year and $-4,000 versus the prior month.

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

    Natchitoches's average listing price for 2024-10-01 was $321,693, a difference of $-10,624 (-3.2%) versus the prior year and $-1,969 versus the prior month.

    For the 2024-10-01 period, Natchitoches had 92 MLS listings, a difference of 3 listings (3%) versus the prior month and 5 listings (6%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Natchitoches (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,993 sqft
    2018-02-01 0 days 1,944 sqft
    2018-03-01 0 days 1,944 sqft
    2018-04-01 0 days 2,040 sqft
    2018-05-01 0 days 2,008 sqft
    2018-06-01 0 days 1,990 sqft
    2018-07-01 0 days 1,999 sqft
    2018-08-01 0 days 2,043 sqft
    2018-09-01 0 days 2,074 sqft
    2018-10-01 0 days 2,012 sqft
    2018-11-01 0 days 2,026 sqft
    2018-12-01 0 days 1,999 sqft
    2019-01-01 0 days 2,001 sqft
    2019-02-01 0 days 1,998 sqft
    2019-03-01 0 days 2,002 sqft
    2019-04-01 0 days 2,006 sqft
    2019-05-01 0 days 2,005 sqft
    2019-06-01 0 days 2,010 sqft
    2019-07-01 0 days 2,008 sqft
    2019-08-01 0 days 2,065 sqft
    2019-09-01 0 days 2,070 sqft
    2019-10-01 0 days 2,078 sqft
    2019-11-01 0 days 2,018 sqft
    2019-12-01 0 days 2,014 sqft
    2020-01-01 0 days 2,019 sqft
    2020-02-01 0 days 2,017 sqft
    2020-03-01 0 days 2,026 sqft
    2020-04-01 0 days 2,046 sqft
    2020-05-01 0 days 2,010 sqft
    2020-06-01 0 days 2,059 sqft
    2020-07-01 0 days 1,900 sqft
    2020-08-01 0 days 1,900 sqft
    2020-09-01 0 days 1,998 sqft
    2020-10-01 0 days 1,984 sqft
    2020-11-01 0 days 2,068 sqft
    2020-12-01 0 days 2,069 sqft
    2021-01-01 0 days 2,117 sqft
    2021-02-01 0 days 2,240 sqft
    2021-03-01 0 days 2,223 sqft
    2021-04-01 0 days 2,148 sqft
    2021-05-01 0 days 2,083 sqft
    2021-06-01 0 days 2,065 sqft
    2021-07-01 0 days 1,985 sqft
    2021-08-01 0 days 2,033 sqft
    2021-09-01 0 days 1,945 sqft
    2021-10-01 0 days 1,945 sqft
    2021-11-01 0 days 1,904 sqft
    2021-12-01 0 days 1,913 sqft
    2022-01-01 0 days 1,834 sqft
    2022-02-01 0 days 1,864 sqft
    2022-03-01 0 days 1,936 sqft
    2022-04-01 0 days 2,019 sqft
    2022-05-01 0 days 2,156 sqft
    2022-06-01 0 days 2,141 sqft
    2022-07-01 0 days 2,096 sqft
    2022-08-01 0 days 1,955 sqft
    2022-09-01 0 days 1,865 sqft
    2022-10-01 0 days 1,911 sqft
    2022-11-01 0 days 1,842 sqft
    2022-12-01 0 days 1,900 sqft
    2023-01-01 0 days 2,024 sqft
    2023-02-01 0 days 2,095 sqft
    2023-03-01 0 days 2,100 sqft
    2023-04-01 0 days 2,019 sqft
    2023-05-01 0 days 2,000 sqft
    2023-06-01 0 days 2,100 sqft
    2023-07-01 0 days 2,044 sqft
    2023-08-01 0 days 2,022 sqft
    2023-09-01 0 days 2,051 sqft
    2023-10-01 0 days 2,162 sqft
    2023-11-01 0 days 2,068 sqft
    2023-12-01 0 days 2,046 sqft
    2024-01-01 0 days 2,038 sqft
    2024-02-01 0 days 2,054 sqft
    2024-03-01 0 days 2,008 sqft
    2024-04-01 0 days 2,021 sqft
    2024-05-01 0 days 2,021 sqft
    2024-06-01 0 days 2,018 sqft
    2024-07-01 0 days 2,014 sqft
    2024-08-01 0 days 2,046 sqft
    2024-09-01 0 days 2,082 sqft
    2024-10-01 0 days 2,062 sqft
    Natchitoches's median listing age (time on market) for 2024-10-01 was 0 days.

    Natchitoches's median square footage for active listings during the 2024-10-01 period was 2,062 sqft. One year prior, the average listing was 2,162 sqft.