New Philadelphia USDA Loan Rates, Closing Costs & Stats

New Philadelphia-Dover, OH

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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 Philadelphia's 17 lenders originated 38 USDA loans during 2023. The total origination value was $5,190,000, with an average USDA loan value of $136,579.

    New Philadelphia USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in New Philadelphia averaged 6.58% for the week of 2024-11-08, compared to the national average (all USDA variants) of 6.477% for the same period.

    New Philadelphia's average USDA mortgage closing costs are $4,182.

    The average rate for the prior week (2024-11-01) was 6.45% and one month ago for the week of 2024-10-04, the average rate was 6.17%.

    The average rate one year ago was 7.41%.

    For refis of the same type during the week of 2024-11-08, the average rate was 6.28%.

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

    New Philadelphia 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 Philadelphia level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    CROSSCOUNTRY MORTGAGE, LLC 8 6.85% $5,403
    POLARIS HOME FUNDING CORP. 7 6.70% $6,357
    Republic State Mortgage Co. 4 7.28% $2,056
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 7.00% $3,642
    FIRST COMMUNITY MORTGAGE, INC. 2 7.19% $6,084
    Chickasaw Community Bank 2 6.88% $7,709
    Nations Lending Corporation 1 7.75% $8,668
    NFM, INC. 1 6.63% $7,056
    RUOFF MORTGAGE COMPANY, INC. 1 7.25% $1,232
    The Huntington National Bank 1 6.50% $6,355
    AMCAP MORTGAGE, LTD. 1 7.13% $5,408
    UNION HOME MORTGAGE CORP. 1 7.13% $6,709
    CMG MORTGAGE, INC. 1 5.38% $7,096
    Flagstar Bank, FSB 1 6.75% $7,744
    HOMESIDE FINANCIAL, LLC 1 5.99% $6,043
    J. VIRGIL, INC. 1 7.13% $5,624
    Mortgage Research Center, LLC 1 7.63% $2,141

    The top New Philadelphia USDA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with 8 USDA loans originated. Their average total fees are $5,403, which is $954 lower than the next largest lender, POLARIS HOME FUNDING CORP..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - New Philadelphia (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 $117,400 (-9.6%) $157,194 (-4.8%) 0.00 191
    2018-02-01 $124,900 (-3.9%) $158,191 (-4.8%) 0.00 171
    2018-03-01 $129,900 (0.5%) $157,794 (-6.2%) 0.00 166
    2018-04-01 $137,675 (6.0%) $163,239 (-2.5%) 0.00 166
    2018-05-01 $139,450 (1.5%) $164,439 (-14.6%) 0.00 173
    2018-06-01 $144,900 (4.3%) $171,195 (-10.6%) 0.00 180
    2018-07-01 $142,325 (4.7%) $172,141 (-6.1%) 0.00 189
    2018-08-01 $149,450 (10.8%) $178,175 (0.3%) 0.00 194
    2018-09-01 $149,000 (10.5%) $181,361 (2.3%) 0.00 198
    2018-10-01 $139,450 (6.9%) $174,829 (-0.6%) 0.00 202
    2018-11-01 $127,400 (0.0%) $163,795 (-4.4%) 0.00 189
    2018-12-01 $126,400 (-2.5%) $171,455 (3.9%) 0.00 168
    2019-01-01 $119,900 (2.1%) $174,241 (10.8%) 0.00 145
    2019-02-01 $136,150 (9.0%) $179,634 (13.6%) 0.00 129
    2019-03-01 $139,900 (7.7%) $193,662 (22.7%) 0.00 128
    2019-04-01 $143,650 (4.3%) $200,254 (22.7%) 0.00 129
    2019-05-01 $137,050 (-1.7%) $184,122 (12.0%) 0.00 143
    2019-06-01 $149,900 (3.5%) $201,554 (17.7%) 0.00 139
    2019-07-01 $158,650 (11.5%) $204,579 (18.8%) 0.00 135
    2019-08-01 $152,809 (2.3%) $194,917 (9.4%) 0.00 150
    2019-09-01 $151,173 (1.5%) $189,100 (4.3%) 0.00 171
    2019-10-01 $150,082 (7.6%) $186,173 (6.5%) 0.00 189
    2019-11-01 $155,400 (22.0%) $185,685 (13.4%) 0.00 186
    2019-12-01 $159,450 (26.2%) $187,529 (9.4%) 0.00 180
    2020-01-01 $159,900 (33.4%) $185,004 (6.2%) 0.00 160
    2020-02-01 $159,900 (17.4%) $185,730 (3.4%) 0.00 143
    2020-03-01 $146,675 (4.8%) $176,734 (-8.7%) 0.00 150
    2020-04-01 $146,700 (2.1%) $176,235 (-12.0%) 0.00 150
    2020-05-01 $159,900 (16.7%) $193,689 (5.2%) 0.00 118
    2020-06-01 $177,175 (18.2%) $205,122 (1.8%) 0.00 114
    2020-07-01 $151,950 (-4.2%) $198,646 (-2.9%) 0.00 112
    2020-08-01 $172,400 (12.8%) $213,750 (9.7%) 0.00 103
    2020-09-01 $174,900 (15.7%) $216,994 (14.8%) 0.00 111
    2020-10-01 $159,900 (6.5%) $212,162 (14.0%) 0.00 118
    2020-11-01 $156,700 (0.8%) $217,540 (17.2%) 0.00 100
    2020-12-01 $155,500 (-2.5%) $228,287 (21.7%) 0.00 85
    2021-01-01 $155,700 (-2.6%) $236,220 (27.7%) 0.00 64
    2021-02-01 $199,450 (24.7%) $245,782 (32.3%) 0.00 56
    2021-03-01 $164,450 (12.1%) $224,252 (26.9%) 0.00 57
    2021-04-01 $162,450 (10.7%) $211,314 (19.9%) 0.00 59
    2021-05-01 $168,500 (5.4%) $220,515 (13.9%) 0.00 69
    2021-06-01 $192,450 (8.6%) $225,343 (9.9%) 0.00 83
    2021-07-01 $229,000 (50.7%) $235,556 (18.6%) 0.00 110
    2021-08-01 $223,650 (29.7%) $232,570 (8.8%) 0.00 108
    2021-09-01 $197,175 (12.7%) $224,721 (3.6%) 0.00 96
    2021-10-01 $189,900 (18.8%) $222,551 (4.9%) 0.00 93
    2021-11-01 $172,200 (9.9%) $217,465 (0.0%) 0.00 70
    2021-12-01 $156,900 (0.9%) $219,787 (-3.7%) 0.00 64
    2022-01-01 $154,900 (-0.5%) $219,801 (-7.0%) 0.00 52
    2022-02-01 $148,725 (-25.4%) $218,912 (-10.9%) 0.00 54
    2022-03-01 $139,900 (-14.9%) $214,496 (-4.4%) 0.00 54
    2022-04-01 $159,950 (-1.5%) $226,801 (7.3%) 0.00 58
    2022-05-01 $155,650 (-7.6%) $233,072 (5.7%) 0.00 73
    2022-06-01 $187,225 (-2.7%) $255,761 (13.5%) 0.00 64
    2022-07-01 $192,450 (-16.0%) $283,327 (20.3%) 0.00 88
    2022-08-01 $201,325 (-10.0%) $305,215 (31.2%) 0.00 85
    2022-09-01 $205,950 (4.5%) $303,966 (35.3%) 0.00 83
    2022-10-01 $199,900 (5.3%) $284,081 (27.7%) 0.00 93
    2022-11-01 $213,425 (23.9%) $258,616 (18.9%) 0.00 86
    2022-12-01 $209,900 (33.8%) $260,546 (18.5%) 0.00 80
    2023-01-01 $194,900 (25.8%) $250,694 (14.1%) 0.00 67
    2023-02-01 $198,900 (33.7%) $236,417 (8.0%) 0.00 52
    2023-03-01 $224,900 (60.8%) $258,238 (20.4%) 0.00 61
    2023-04-01 $221,000 (38.2%) $249,531 (10.0%) 0.00 77
    2023-05-01 $225,925 (45.2%) $255,620 (9.7%) 0.00 70
    2023-06-01 $232,175 (24.0%) $258,395 (1.0%) 0.00 71
    2023-07-01 $229,900 (19.5%) $253,906 (-10.4%) 0.00 83
    2023-08-01 $241,257 (19.8%) $249,989 (-18.1%) 0.00 96
    2023-09-01 $239,900 (16.5%) $256,966 (-15.5%) 0.00 96
    2023-10-01 $236,400 (18.3%) $253,301 (-10.8%) 0.00 91
    2023-11-01 $224,900 (5.4%) $243,138 (-6.0%) 0.00 93
    2023-12-01 $232,200 (10.6%) $249,576 (-4.2%) 0.00 78
    2024-01-01 $224,750 (15.3%) $239,364 (-4.5%) 0.00 67
    2024-02-01 $220,000 (10.6%) $255,198 (7.9%) 0.00 67
    2024-03-01 $200,000 (-11.1%) $274,244 (6.2%) 0.00 77
    2024-04-01 $212,450 (-3.9%) $273,108 (9.5%) 0.00 75
    2024-05-01 $254,950 (12.9%) $299,143 (17.0%) 0.00 82
    2024-06-01 $244,900 (5.5%) $277,789 (7.5%) 0.00 84
    2024-07-01 $256,925 (11.8%) $287,957 (13.4%) 0.00 92
    2024-08-01 $219,900 (-8.9%) $270,214 (8.1%) 0.00 106
    2024-09-01 $225,425 (-6.0%) $260,647 (1.4%) 0.00 106
    2024-10-01 $221,850 (-6.2%) $244,098 (-3.6%) 0.00 100
    New Philadelphia's median listing price for 2024-10-01 was $221,850, a difference of $-14,550 (-6.2%) versus the prior year and $-3,575 versus the prior month.

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

    New Philadelphia's average listing price for 2024-10-01 was $244,098, a difference of $-9,203 (-3.6%) versus the prior year and $-16,549 versus the prior month.

    For the 2024-10-01 period, New Philadelphia had 100 MLS listings, a difference of -6 listings (-6%) versus the prior month and 9 listings (10%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - New Philadelphia (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,528 sqft
    2018-02-01 0 days 1,544 sqft
    2018-03-01 0 days 1,530 sqft
    2018-04-01 0 days 1,576 sqft
    2018-05-01 0 days 1,586 sqft
    2018-06-01 0 days 1,649 sqft
    2018-07-01 0 days 1,650 sqft
    2018-08-01 0 days 1,683 sqft
    2018-09-01 0 days 1,680 sqft
    2018-10-01 0 days 1,680 sqft
    2018-11-01 0 days 1,668 sqft
    2018-12-01 0 days 1,694 sqft
    2019-01-01 0 days 1,672 sqft
    2019-02-01 0 days 1,625 sqft
    2019-03-01 0 days 1,695 sqft
    2019-04-01 0 days 1,700 sqft
    2019-05-01 0 days 1,600 sqft
    2019-06-01 0 days 1,582 sqft
    2019-07-01 0 days 1,598 sqft
    2019-08-01 0 days 1,597 sqft
    2019-09-01 0 days 1,660 sqft
    2019-10-01 0 days 1,683 sqft
    2019-11-01 0 days 1,724 sqft
    2019-12-01 0 days 1,687 sqft
    2020-01-01 0 days 1,634 sqft
    2020-02-01 0 days 1,681 sqft
    2020-03-01 0 days 1,757 sqft
    2020-04-01 0 days 1,728 sqft
    2020-05-01 0 days 1,796 sqft
    2020-06-01 0 days 1,940 sqft
    2020-07-01 0 days 1,970 sqft
    2020-08-01 0 days 1,947 sqft
    2020-09-01 0 days 1,947 sqft
    2020-10-01 0 days 1,836 sqft
    2020-11-01 0 days 1,795 sqft
    2020-12-01 0 days 1,822 sqft
    2021-01-01 0 days 1,772 sqft
    2021-02-01 0 days 1,857 sqft
    2021-03-01 0 days 1,825 sqft
    2021-04-01 0 days 1,618 sqft
    2021-05-01 0 days 1,756 sqft
    2021-06-01 0 days 1,821 sqft
    2021-07-01 0 days 1,751 sqft
    2021-08-01 0 days 1,708 sqft
    2021-09-01 0 days 1,720 sqft
    2021-10-01 0 days 1,662 sqft
    2021-11-01 0 days 1,677 sqft
    2021-12-01 0 days 1,763 sqft
    2022-01-01 0 days 1,650 sqft
    2022-02-01 0 days 1,650 sqft
    2022-03-01 0 days 1,667 sqft
    2022-04-01 0 days 1,768 sqft
    2022-05-01 0 days 1,742 sqft
    2022-06-01 0 days 1,793 sqft
    2022-07-01 0 days 1,760 sqft
    2022-08-01 0 days 1,776 sqft
    2022-09-01 0 days 1,736 sqft
    2022-10-01 0 days 1,776 sqft
    2022-11-01 0 days 1,756 sqft
    2022-12-01 0 days 1,716 sqft
    2023-01-01 0 days 1,697 sqft
    2023-02-01 0 days 1,727 sqft
    2023-03-01 0 days 1,887 sqft
    2023-04-01 0 days 1,930 sqft
    2023-05-01 0 days 1,918 sqft
    2023-06-01 0 days 1,961 sqft
    2023-07-01 0 days 2,022 sqft
    2023-08-01 0 days 2,043 sqft
    2023-09-01 0 days 1,982 sqft
    2023-10-01 0 days 2,066 sqft
    2023-11-01 0 days 2,015 sqft
    2023-12-01 0 days 1,978 sqft
    2024-01-01 0 days 1,953 sqft
    2024-02-01 0 days 1,951 sqft
    2024-03-01 0 days 1,847 sqft
    2024-04-01 0 days 1,949 sqft
    2024-05-01 0 days 2,012 sqft
    2024-06-01 0 days 1,872 sqft
    2024-07-01 0 days 2,040 sqft
    2024-08-01 0 days 1,868 sqft
    2024-09-01 0 days 1,913 sqft
    2024-10-01 0 days 1,858 sqft
    New Philadelphia's median listing age (time on market) for 2024-10-01 was 0 days.

    New Philadelphia's median square footage for active listings during the 2024-10-01 period was 1,858 sqft. One year prior, the average listing was 2,066 sqft.