New Haven USDA Loan Rates, Closing Costs & Stats
NEW HAVEN-MILFORD, CT
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.
New Haven's 0 lenders originated 1 USDA loans during 2023. The total origination value was $105,000, with an average USDA loan value of $105,000.
New Haven USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in New Haven
averaged
6.63%
for the week of 2025-02-14, compared to the national average (all USDA variants) of
6.526% for the same period.
New Haven's average USDA mortgage closing costs are $7,356.
The average rate for the prior week (2025-02-07) was
6.69% and
one month ago for the week of 2025-01-10, the
average rate was 6.33%.
The average rate one year ago was 6.52%.
For refis of the same type during the week of 2025-02-14, the average rate
was 6.98%.
New Haven 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 New Haven level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|
The lowest fee New Haven USDA lenders (with over 10 loans originated) are
.
The lowest rate New Haven USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - New Haven (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 | $277,250 (7.1%) | $464,125 (12.4%) | 0.97 | 1,772 |
| 2018-02-01 | $282,450 (5.8%) | $476,159 (14.8%) | 0.97 | 1,750 |
| 2018-03-01 | $294,900 (6.5%) | $482,061 (15.9%) | 0.98 | 1,855 |
| 2018-04-01 | $304,500 (6.8%) | $467,405 (10.2%) | 0.97 | 1,931 |
| 2018-05-01 | $314,500 (8.6%) | $439,383 (1.3%) | 0.99 | 2,073 |
| 2018-06-01 | $319,000 (10.1%) | $433,889 (-4.2%) | 0.98 | 2,192 |
| 2018-07-01 | $314,950 (8.6%) | $446,156 (-1.2%) | 0.97 | 2,254 |
| 2018-08-01 | $309,950 (7.0%) | $424,131 (-5.7%) | 0.97 | 2,292 |
| 2018-09-01 | $309,000 (6.9%) | $427,709 (-5.7%) | 0.97 | 2,294 |
| 2018-10-01 | $299,575 (3.3%) | $426,596 (-5.8%) | 0.96 | 2,261 |
| 2018-11-01 | $289,000 (2.3%) | $415,535 (-7.8%) | 0.93 | 2,147 |
| 2018-12-01 | $279,900 (0.0%) | $410,706 (-9.4%) | 0.93 | 1,928 |
| 2019-01-01 | $277,900 (0.2%) | $408,861 (-11.9%) | 0.93 | 1,731 |
| 2019-02-01 | $282,400 (0.0%) | $411,486 (-13.6%) | 0.93 | 1,725 |
| 2019-03-01 | $295,336 (0.2%) | $422,669 (-12.3%) | 0.94 | 1,816 |
| 2019-04-01 | $312,125 (2.5%) | $434,738 (-7.0%) | 0.95 | 1,893 |
| 2019-05-01 | $307,225 (-2.3%) | $432,577 (-1.6%) | 0.92 | 2,000 |
| 2019-06-01 | $309,000 (-3.1%) | $430,274 (-0.8%) | 0.92 | 2,061 |
| 2019-07-01 | $307,450 (-2.4%) | $431,866 (-3.2%) | 0.92 | 2,052 |
| 2019-08-01 | $299,655 (-3.3%) | $424,842 (0.2%) | 0.91 | 2,012 |
| 2019-09-01 | $299,286 (-3.1%) | $420,838 (-1.6%) | 0.90 | 1,929 |
| 2019-10-01 | $298,500 (-0.4%) | $418,168 (-2.0%) | 0.89 | 1,854 |
| 2019-11-01 | $289,900 (0.3%) | $407,550 (-1.9%) | 0.90 | 1,691 |
| 2019-12-01 | $289,225 (3.3%) | $409,268 (-0.4%) | 0.90 | 1,452 |
| 2020-01-01 | $287,400 (3.4%) | $411,134 (0.6%) | 0.90 | 1,261 |
| 2020-02-01 | $299,000 (5.9%) | $425,471 (3.4%) | 0.90 | 1,214 |
| 2020-03-01 | $319,000 (8.0%) | $441,404 (4.4%) | 0.91 | 1,250 |
| 2020-04-01 | $314,900 (0.9%) | $445,208 (2.4%) | 0.91 | 1,252 |
| 2020-05-01 | $325,000 (5.8%) | $463,012 (7.0%) | 0.91 | 1,147 |
| 2020-06-01 | $342,175 (10.7%) | $494,944 (15.0%) | 0.94 | 1,011 |
| 2020-07-01 | $359,800 (17.0%) | $511,012 (18.3%) | 0.95 | 978 |
| 2020-08-01 | $352,000 (17.5%) | $510,883 (20.3%) | 0.92 | 1,001 |
| 2020-09-01 | $334,950 (11.9%) | $508,923 (20.9%) | 0.88 | 1,022 |
| 2020-10-01 | $334,900 (12.2%) | $504,552 (20.7%) | 0.89 | 998 |
| 2020-11-01 | $329,925 (13.8%) | $497,870 (22.2%) | 0.90 | 933 |
| 2020-12-01 | $329,900 (14.1%) | $507,386 (24.0%) | 0.89 | 818 |
| 2021-01-01 | $340,000 (18.3%) | $520,685 (26.7%) | 0.93 | 656 |
| 2021-02-01 | $337,861 (13.0%) | $523,541 (23.1%) | 0.93 | 532 |
| 2021-03-01 | $341,700 (7.1%) | $544,316 (23.3%) | 0.92 | 535 |
| 2021-04-01 | $359,450 (14.2%) | $572,826 (28.7%) | 0.90 | 559 |
| 2021-05-01 | $349,700 (7.6%) | $562,544 (21.5%) | 0.90 | 644 |
| 2021-06-01 | $344,500 (0.7%) | $551,858 (11.5%) | 0.89 | 743 |
| 2021-07-01 | $349,900 (-2.8%) | $559,318 (9.5%) | 0.88 | 818 |
| 2021-08-01 | $349,925 (-0.6%) | $531,247 (4.0%) | 0.88 | 900 |
| 2021-09-01 | $344,998 (3.0%) | $521,112 (2.4%) | 0.87 | 897 |
| 2021-10-01 | $354,900 (6.0%) | $528,801 (4.8%) | 0.88 | 866 |
| 2021-11-01 | $349,975 (6.1%) | $515,811 (3.6%) | 0.88 | 710 |
| 2021-12-01 | $340,950 (3.4%) | $510,414 (0.6%) | 0.87 | 577 |
| 2022-01-01 | $349,900 (2.9%) | $534,968 (2.7%) | 0.89 | 448 |
| 2022-02-01 | $375,000 (11.0%) | $572,009 (9.3%) | 0.90 | 389 |
| 2022-03-01 | $377,450 (10.5%) | $555,969 (2.1%) | 0.88 | 390 |
| 2022-04-01 | $369,900 (2.9%) | $567,922 (-0.9%) | 0.84 | 447 |
| 2022-05-01 | $370,225 (5.9%) | $545,369 (-3.1%) | 0.82 | 553 |
| 2022-06-01 | $379,900 (10.3%) | $544,252 (-1.4%) | 0.80 | 620 |
| 2022-07-01 | $379,900 (8.6%) | $537,717 (-3.9%) | 0.81 | 688 |
| 2022-08-01 | $384,900 (10.0%) | $530,214 (-0.2%) | 0.83 | 694 |
| 2022-09-01 | $379,675 (10.1%) | $537,842 (3.2%) | 0.83 | 720 |
| 2022-10-01 | $359,900 (1.4%) | $533,048 (0.8%) | 0.82 | 743 |
| 2022-11-01 | $369,950 (5.7%) | $527,289 (2.2%) | 0.84 | 721 |
| 2022-12-01 | $375,000 (10.0%) | $524,132 (2.7%) | 0.86 | 593 |
| 2023-01-01 | $382,475 (9.3%) | $530,758 (-0.8%) | 0.92 | 458 |
| 2023-02-01 | $387,450 (3.3%) | $547,830 (-4.2%) | 0.93 | 409 |
| 2023-03-01 | $399,900 (6.0%) | $587,386 (5.7%) | 0.94 | 414 |
| 2023-04-01 | $409,900 (10.8%) | $598,171 (5.3%) | 0.93 | 430 |
| 2023-05-01 | $439,500 (18.7%) | $604,487 (10.8%) | 0.98 | 486 |
| 2023-06-01 | $429,900 (13.2%) | $637,360 (17.1%) | 0.95 | 505 |
| 2023-07-01 | $450,000 (18.5%) | $691,040 (28.5%) | 0.94 | 494 |
| 2023-08-01 | $425,000 (10.4%) | $633,528 (19.5%) | 0.91 | 502 |
| 2023-09-01 | $420,000 (10.6%) | $611,626 (13.7%) | 0.93 | 574 |
| 2023-10-01 | $422,500 (17.4%) | $613,616 (15.1%) | 0.94 | 586 |
| 2023-11-01 | $409,725 (10.8%) | $599,235 (13.6%) | 0.95 | 567 |
| 2023-12-01 | $399,900 (6.6%) | $588,584 (12.3%) | 0.97 | 483 |
| 2024-01-01 | $409,725 (7.1%) | $595,975 (12.3%) | 0.98 | 454 |
| 2024-02-01 | $416,000 (7.4%) | $608,438 (11.1%) | 1.00 | 433 |
| 2024-03-01 | $409,900 (2.5%) | $600,411 (2.2%) | 0.94 | 432 |
| 2024-04-01 | $425,000 (3.7%) | $645,327 (7.9%) | 0.95 | 513 |
| 2024-05-01 | $449,450 (2.3%) | $672,757 (11.3%) | 0.97 | 538 |
| 2024-06-01 | $450,000 (4.7%) | $772,435 (21.2%) | 0.97 | 563 |
| 2024-07-01 | $451,200 (0.3%) | $747,805 (8.2%) | 0.95 | 616 |
| 2024-08-01 | $485,000 (14.1%) | $789,754 (24.7%) | 0.99 | 653 |
| 2024-09-01 | $461,998 (10.0%) | $757,635 (23.9%) | 0.98 | 699 |
| 2024-10-01 | $439,900 (4.1%) | $738,403 (20.3%) | 0.94 | 715 |
| 2024-11-01 | $449,000 (9.6%) | $749,638 (25.1%) | 0.96 | 666 |
| 2024-12-01 | $448,975 (12.3%) | $755,627 (28.4%) | 0.99 | 562 |
| 2025-01-01 | $439,950 (7.4%) | $787,972 (32.2%) | 0.00 | 493 |
New Haven's median listing price comes in at 0% of the national average.
New Haven's average listing price for 2025-01-01 was $787,972, a difference of $191,997 (32.2%) versus the prior year and $32,345 versus the prior month.
For the 2025-01-01 period, New Haven had 493 MLS listings, a difference of -69 listings (-12%) versus the prior month and 39 listings (9%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - New Haven (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 93 days | 1,607 sqft |
| 2018-02-01 | 91 days | 1,621 sqft |
| 2018-03-01 | 60 days | 1,656 sqft |
| 2018-04-01 | 52 days | 1,701 sqft |
| 2018-05-01 | 50 days | 1,717 sqft |
| 2018-06-01 | 52 days | 1,714 sqft |
| 2018-07-01 | 59 days | 1,700 sqft |
| 2018-08-01 | 64 days | 1,684 sqft |
| 2018-09-01 | 67 days | 1,690 sqft |
| 2018-10-01 | 74 days | 1,676 sqft |
| 2018-11-01 | 77 days | 1,632 sqft |
| 2018-12-01 | 87 days | 1,625 sqft |
| 2019-01-01 | 93 days | 1,609 sqft |
| 2019-02-01 | 88 days | 1,606 sqft |
| 2019-03-01 | 68 days | 1,658 sqft |
| 2019-04-01 | 49 days | 1,726 sqft |
| 2019-05-01 | 47 days | 1,761 sqft |
| 2019-06-01 | 51 days | 1,848 sqft |
| 2019-07-01 | 58 days | 1,849 sqft |
| 2019-08-01 | 63 days | 1,833 sqft |
| 2019-09-01 | 67 days | 1,826 sqft |
| 2019-10-01 | 70 days | 1,821 sqft |
| 2019-11-01 | 72 days | 1,802 sqft |
| 2019-12-01 | 82 days | 1,780 sqft |
| 2020-01-01 | 87 days | 1,762 sqft |
| 2020-02-01 | 76 days | 1,800 sqft |
| 2020-03-01 | 49 days | 1,846 sqft |
| 2020-04-01 | 56 days | 1,817 sqft |
| 2020-05-01 | 70 days | 1,856 sqft |
| 2020-06-01 | 51 days | 1,900 sqft |
| 2020-07-01 | 39 days | 1,919 sqft |
| 2020-08-01 | 38 days | 1,896 sqft |
| 2020-09-01 | 39 days | 1,826 sqft |
| 2020-10-01 | 40 days | 1,848 sqft |
| 2020-11-01 | 45 days | 1,839 sqft |
| 2020-12-01 | 53 days | 1,821 sqft |
| 2021-01-01 | 64 days | 1,800 sqft |
| 2021-02-01 | 50 days | 1,767 sqft |
| 2021-03-01 | 24 days | 1,762 sqft |
| 2021-04-01 | 25 days | 1,815 sqft |
| 2021-05-01 | 22 days | 1,768 sqft |
| 2021-06-01 | 23 days | 1,696 sqft |
| 2021-07-01 | 28 days | 1,692 sqft |
| 2021-08-01 | 31 days | 1,601 sqft |
| 2021-09-01 | 37 days | 1,586 sqft |
| 2021-10-01 | 43 days | 1,616 sqft |
| 2021-11-01 | 47 days | 1,581 sqft |
| 2021-12-01 | 55 days | 1,579 sqft |
| 2022-01-01 | 60 days | 1,589 sqft |
| 2022-02-01 | 34 days | 1,621 sqft |
| 2022-03-01 | 20 days | 1,621 sqft |
| 2022-04-01 | 16 days | 1,576 sqft |
| 2022-05-01 | 17 days | 1,595 sqft |
| 2022-06-01 | 21 days | 1,621 sqft |
| 2022-07-01 | 26 days | 1,611 sqft |
| 2022-08-01 | 32 days | 1,813 sqft |
| 2022-09-01 | 38 days | 1,827 sqft |
| 2022-10-01 | 36 days | 1,797 sqft |
| 2022-11-01 | 44 days | 1,812 sqft |
| 2022-12-01 | 53 days | 1,784 sqft |
| 2023-01-01 | 63 days | 1,740 sqft |
| 2023-02-01 | 40 days | 1,672 sqft |
| 2023-03-01 | 31 days | 1,831 sqft |
| 2023-04-01 | 30 days | 1,797 sqft |
| 2023-05-01 | 24 days | 1,852 sqft |
| 2023-06-01 | 25 days | 1,797 sqft |
| 2023-07-01 | 29 days | 1,804 sqft |
| 2023-08-01 | 39 days | 1,777 sqft |
| 2023-09-01 | 37 days | 1,792 sqft |
| 2023-10-01 | 40 days | 1,806 sqft |
| 2023-11-01 | 46 days | 1,751 sqft |
| 2023-12-01 | 53 days | 1,793 sqft |
| 2024-01-01 | 58 days | 1,799 sqft |
| 2024-02-01 | 54 days | 1,755 sqft |
| 2024-03-01 | 40 days | 1,692 sqft |
| 2024-04-01 | 32 days | 1,645 sqft |
| 2024-05-01 | 24 days | 1,632 sqft |
| 2024-06-01 | 28 days | 1,675 sqft |
| 2024-07-01 | 36 days | 1,616 sqft |
| 2024-08-01 | 37 days | 1,612 sqft |
| 2024-09-01 | 40 days | 1,592 sqft |
| 2024-10-01 | 41 days | 1,546 sqft |
| 2024-11-01 | 47 days | 1,560 sqft |
| 2024-12-01 | 58 days | 1,564 sqft |
| 2025-01-01 | 0 days | 1,470 sqft |
New Haven's median square footage for active listings during the 2025-01-01 period was 1,470 sqft. One year prior, the average listing was 1,799 sqft.