New Philadelphia USDA Loan Rates, Closing Costs & Stats
New Philadelphia-Dover, OH
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
6.86%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
New Philadelphia's average USDA mortgage closing costs are $4,182.
The average rate for the prior week (2024-04-12) was
6.71% and
one month ago for the week of 2024-03-15, the
average rate was 6.9%.
The average rate one year ago was 6.44%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.66%.
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 |
New Philadelphia's median listing price comes in at 0% of the national average.
New Philadelphia's average listing price for 2024-03-01 was $274,244, a difference of $16,006 (6.2%) versus the prior year and $19,046 versus the prior month.
For the 2024-03-01 period, New Philadelphia had 77 MLS listings, a difference of 10 listings (15%) versus the prior month and 16 listings (26%) 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 | 1,854 sqft |
New Philadelphia's median square footage for active listings during the 2024-03-01 period was 1,854 sqft. One year prior, the average listing was 1,887 sqft.