New Haven USDA Loan Rates, Closing Costs & Stats

NEW HAVEN-MILFORD, CT

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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.

    New Haven USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in New Haven averaged 0% for the week of 2025-07-11, compared to the national average (all USDA variants) of 6.449% for the same period.

    New Haven's average USDA mortgage closing costs are $7,356.

    The average rate for the prior week (2025-07-04) was 0% and one month ago for the week of 2025-06-06, the average rate was 0%.

    The average rate one year ago was 0%.

    For refis of the same type during the week of 2025-07-11, the average rate was 0%.

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

    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 2024 Avg. 30yFix Rate 2024 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%) 1.03 1,772
    2018-02-01 $282,450 (5.8%) $476,159 (14.8%) 1.03 1,750
    2018-03-01 $294,900 (6.5%) $482,061 (15.9%) 1.03 1,855
    2018-04-01 $304,500 (6.8%) $467,405 (10.2%) 1.03 1,931
    2018-05-01 $314,500 (8.6%) $439,383 (1.3%) 1.05 2,073
    2018-06-01 $319,000 (10.1%) $433,889 (-4.2%) 1.06 2,192
    2018-07-01 $314,950 (8.6%) $446,156 (-1.2%) 1.05 2,254
    2018-08-01 $309,950 (7.0%) $424,131 (-5.7%) 1.04 2,292
    2018-09-01 $309,000 (6.9%) $427,709 (-5.7%) 1.04 2,294
    2018-10-01 $299,575 (3.3%) $426,596 (-5.8%) 1.01 2,261
    2018-11-01 $289,000 (2.3%) $415,535 (-7.8%) 0.98 2,147
    2018-12-01 $279,900 (0.0%) $410,706 (-9.4%) 0.97 1,928
    2019-01-01 $277,900 (0.2%) $408,861 (-11.9%) 0.96 1,731
    2019-02-01 $282,400 (0.0%) $411,486 (-13.6%) 0.95 1,725
    2019-03-01 $295,336 (0.2%) $422,669 (-12.3%) 0.97 1,816
    2019-04-01 $312,125 (2.5%) $434,738 (-7.0%) 0.99 1,893
    2019-05-01 $307,225 (-2.3%) $432,577 (-1.6%) 0.96 2,000
    2019-06-01 $309,000 (-3.1%) $430,274 (-0.8%) 0.97 2,061
    2019-07-01 $307,450 (-2.4%) $431,866 (-3.2%) 0.96 2,052
    2019-08-01 $299,655 (-3.3%) $424,842 (0.2%) 0.95 2,012
    2019-09-01 $299,286 (-3.1%) $420,838 (-1.6%) 0.96 1,929
    2019-10-01 $298,500 (-0.4%) $418,168 (-2.0%) 0.96 1,854
    2019-11-01 $289,900 (0.3%) $407,550 (-1.9%) 0.95 1,691
    2019-12-01 $289,225 (3.3%) $409,268 (-0.4%) 0.96 1,452
    2020-01-01 $287,400 (3.4%) $411,134 (0.6%) 0.96 1,261
    2020-02-01 $299,000 (5.9%) $425,471 (3.4%) 0.98 1,214
    2020-03-01 $319,000 (8.0%) $441,404 (4.4%) 1.00 1,250
    2020-04-01 $314,900 (0.9%) $445,208 (2.4%) 0.99 1,252
    2020-05-01 $325,000 (5.8%) $463,012 (7.0%) 0.99 1,147
    2020-06-01 $342,175 (10.7%) $494,944 (15.0%) 1.01 1,011
    2020-07-01 $359,800 (17.0%) $511,012 (18.3%) 1.04 978
    2020-08-01 $352,000 (17.5%) $510,883 (20.3%) 1.01 1,001
    2020-09-01 $334,950 (11.9%) $508,923 (20.9%) 0.96 1,022
    2020-10-01 $334,900 (12.2%) $504,552 (20.7%) 0.96 998
    2020-11-01 $329,925 (13.8%) $497,870 (22.2%) 0.96 933
    2020-12-01 $329,900 (14.1%) $507,386 (24.0%) 0.98 818
    2021-01-01 $340,000 (18.3%) $520,685 (26.7%) 1.01 656
    2021-02-01 $337,861 (13.0%) $523,541 (23.1%) 0.98 532
    2021-03-01 $341,700 (7.1%) $544,316 (23.3%) 0.97 535
    2021-04-01 $359,450 (14.2%) $572,826 (28.7%) 0.97 559
    2021-05-01 $349,700 (7.6%) $562,544 (21.5%) 0.93 644
    2021-06-01 $344,500 (0.7%) $551,858 (11.5%) 0.91 743
    2021-07-01 $349,900 (-2.8%) $559,318 (9.5%) 0.92 818
    2021-08-01 $349,925 (-0.6%) $531,247 (4.0%) 0.93 900
    2021-09-01 $344,998 (3.0%) $521,112 (2.4%) 0.92 897
    2021-10-01 $354,900 (6.0%) $528,801 (4.8%) 0.95 866
    2021-11-01 $349,975 (6.1%) $515,811 (3.6%) 0.94 710
    2021-12-01 $340,950 (3.4%) $510,414 (0.6%) 0.92 577
    2022-01-01 $349,900 (2.9%) $534,968 (2.7%) 0.95 448
    2022-02-01 $375,000 (11.0%) $572,009 (9.3%) 0.98 389
    2022-03-01 $377,450 (10.5%) $555,969 (2.1%) 0.94 390
    2022-04-01 $369,900 (2.9%) $567,922 (-0.9%) 0.88 447
    2022-05-01 $370,225 (5.9%) $545,369 (-3.1%) 0.85 553
    2022-06-01 $379,900 (10.3%) $544,252 (-1.4%) 0.85 620
    2022-07-01 $379,900 (8.6%) $537,717 (-3.9%) 0.86 688
    2022-08-01 $384,900 (10.0%) $530,214 (-0.2%) 0.89 694
    2022-09-01 $379,675 (10.1%) $537,842 (3.2%) 0.89 720
    2022-10-01 $359,900 (1.4%) $533,048 (0.8%) 0.85 743
    2022-11-01 $369,950 (5.7%) $527,289 (2.2%) 0.89 721
    2022-12-01 $375,000 (10.0%) $524,132 (2.7%) 0.93 593
    2023-01-01 $382,475 (9.3%) $530,758 (-0.8%) 0.95 458
    2023-02-01 $387,450 (3.3%) $547,830 (-4.2%) 0.94 409
    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%) 0.95 430
    2023-05-01 $439,500 (18.7%) $604,487 (10.8%) 1.00 486
    2023-06-01 $429,900 (13.2%) $637,360 (17.1%) 0.97 505
    2023-07-01 $450,000 (18.5%) $691,040 (28.5%) 1.02 494
    2023-08-01 $425,000 (10.4%) $633,528 (19.5%) 0.98 502
    2023-09-01 $420,000 (10.6%) $611,626 (13.7%) 0.98 574
    2023-10-01 $422,500 (17.4%) $613,616 (15.1%) 0.99 586
    2023-11-01 $409,725 (10.8%) $599,235 (13.6%) 0.98 567
    2023-12-01 $399,900 (6.6%) $588,584 (12.3%) 0.98 483
    2024-01-01 $409,725 (7.1%) $595,975 (12.3%) 1.00 454
    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%) 0.96 432
    2024-04-01 $425,000 (3.7%) $645,327 (7.9%) 0.99 513
    2024-05-01 $449,450 (2.3%) $672,757 (11.3%) 1.02 538
    2024-06-01 $450,000 (4.7%) $772,435 (21.2%) 1.02 563
    2024-07-01 $451,200 (0.3%) $747,805 (8.2%) 1.03 616
    2024-08-01 $485,000 (14.1%) $789,754 (24.7%) 1.13 653
    2024-09-01 $461,998 (10.0%) $757,635 (23.9%) 1.09 699
    2024-10-01 $439,900 (4.1%) $738,403 (20.3%) 1.04 715
    2024-11-01 $449,000 (9.6%) $749,638 (25.1%) 1.08 666
    2024-12-01 $448,975 (12.3%) $755,627 (28.4%) 1.12 562
    2025-01-01 $439,950 (7.4%) $787,972 (32.2%) 1.10 493
    2025-02-01 $457,500 (10.0%) $846,711 (39.2%) 1.11 457
    2025-03-01 $460,000 (12.2%) $727,771 (21.2%) 1.08 511
    2025-04-01 $462,400 (8.8%) $720,934 (11.7%) 1.07 551
    2025-05-01 $480,000 (6.8%) $798,928 (18.8%) 1.09 613
    2025-06-01 $498,625 (10.8%) $807,961 (4.6%) 1.13 618
    New Haven's median listing price for 2025-06-01 was $498,625, a difference of $48,625 (10.8%) versus the prior year and $18,625 versus the prior month.

    New Haven's median listing price comes in at 113% of the national average.

    New Haven's average listing price for 2025-06-01 was $807,961, a difference of $35,526 (4.6%) versus the prior year and $9,033 versus the prior month.

    For the 2025-06-01 period, New Haven had 618 MLS listings, a difference of 5 listings (1%) versus the prior month and 55 listings (10%) 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 85 days 1,621 sqft
    2018-03-01 60 days 1,656 sqft
    2018-04-01 52 days 1,701 sqft
    2018-05-01 48 days 1,717 sqft
    2018-06-01 51 days 1,714 sqft
    2018-07-01 59 days 1,700 sqft
    2018-08-01 65 days 1,684 sqft
    2018-09-01 68 days 1,690 sqft
    2018-10-01 72 days 1,676 sqft
    2018-11-01 76 days 1,632 sqft
    2018-12-01 89 days 1,625 sqft
    2019-01-01 94 days 1,609 sqft
    2019-02-01 89 days 1,606 sqft
    2019-03-01 66 days 1,658 sqft
    2019-04-01 48 days 1,726 sqft
    2019-05-01 47 days 1,761 sqft
    2019-06-01 51 days 1,848 sqft
    2019-07-01 61 days 1,849 sqft
    2019-08-01 66 days 1,833 sqft
    2019-09-01 70 days 1,826 sqft
    2019-10-01 73 days 1,821 sqft
    2019-11-01 74 days 1,802 sqft
    2019-12-01 82 days 1,780 sqft
    2020-01-01 85 days 1,762 sqft
    2020-02-01 75 days 1,800 sqft
    2020-03-01 48 days 1,846 sqft
    2020-04-01 54 days 1,817 sqft
    2020-05-01 65 days 1,856 sqft
    2020-06-01 46 days 1,900 sqft
    2020-07-01 39 days 1,919 sqft
    2020-08-01 36 days 1,896 sqft
    2020-09-01 39 days 1,826 sqft
    2020-10-01 43 days 1,848 sqft
    2020-11-01 47 days 1,839 sqft
    2020-12-01 53 days 1,821 sqft
    2021-01-01 66 days 1,800 sqft
    2021-02-01 60 days 1,767 sqft
    2021-03-01 24 days 1,762 sqft
    2021-04-01 27 days 1,815 sqft
    2021-05-01 23 days 1,768 sqft
    2021-06-01 24 days 1,696 sqft
    2021-07-01 28 days 1,692 sqft
    2021-08-01 32 days 1,601 sqft
    2021-09-01 36 days 1,586 sqft
    2021-10-01 42 days 1,616 sqft
    2021-11-01 50 days 1,581 sqft
    2021-12-01 55 days 1,579 sqft
    2022-01-01 65 days 1,589 sqft
    2022-02-01 38 days 1,621 sqft
    2022-03-01 20 days 1,621 sqft
    2022-04-01 15 days 1,576 sqft
    2022-05-01 16 days 1,595 sqft
    2022-06-01 18 days 1,621 sqft
    2022-07-01 25 days 1,611 sqft
    2022-08-01 29 days 1,813 sqft
    2022-09-01 36 days 1,827 sqft
    2022-10-01 36 days 1,797 sqft
    2022-11-01 42 days 1,812 sqft
    2022-12-01 53 days 1,784 sqft
    2023-01-01 63 days 1,740 sqft
    2023-02-01 43 days 1,672 sqft
    2023-03-01 28 days 1,831 sqft
    2023-04-01 25 days 1,797 sqft
    2023-05-01 22 days 1,852 sqft
    2023-06-01 25 days 1,797 sqft
    2023-07-01 26 days 1,804 sqft
    2023-08-01 40 days 1,777 sqft
    2023-09-01 36 days 1,792 sqft
    2023-10-01 39 days 1,806 sqft
    2023-11-01 46 days 1,751 sqft
    2023-12-01 53 days 1,793 sqft
    2024-01-01 56 days 1,799 sqft
    2024-02-01 45 days 1,755 sqft
    2024-03-01 38 days 1,692 sqft
    2024-04-01 31 days 1,645 sqft
    2024-05-01 27 days 1,632 sqft
    2024-06-01 36 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 39 days 1,546 sqft
    2024-11-01 47 days 1,560 sqft
    2024-12-01 58 days 1,564 sqft
    2025-01-01 62 days 1,470 sqft
    2025-02-01 54 days 1,501 sqft
    2025-03-01 42 days 1,495 sqft
    2025-04-01 36 days 1,477 sqft
    2025-05-01 34 days 1,555 sqft
    2025-06-01 37 days 1,619 sqft
    New Haven's median listing age (time on market) for 2025-06-01 was 37 days. This is 3% longer than the same period one year ago.

    New Haven's median square footage for active listings during the 2025-06-01 period was 1,619 sqft. One year prior, the average listing was 1,675 sqft.