Ocala USDA Loan Rates, Closing Costs & Stats

OCALA, FL

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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.

    Ocala's 41 lenders originated 92 USDA loans during 2023. The total origination value was $22,120,000, with an average USDA loan value of $240,435.

    Ocala USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Ocala averaged 6.5% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Ocala's average USDA mortgage closing costs are $6,174.

    The average rate for the prior week (2025-02-07) was 6.56% and one month ago for the week of 2025-01-10, the average rate was 6.3%.

    The average rate one year ago was 6.59%.

    For refis of the same type during the week of 2025-02-14, the average rate was 7.1%.

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

    Ocala 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 Ocala level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 11 6.13% $8,785
    AMERICAN BANCSHARES MORTGAGE 10 6.12% $11,412
    UNION HOME MORTGAGE CORP. 5 6.55% $8,657
    CROSSCOUNTRY MORTGAGE, LLC 4 5.94% $8,891
    PLAZA HOME MORTGAGE, INC. 4 6.41% $8,326
    AMERICAN FINANCIAL NETWORK, INC. 4 6.03% $11,995
    Truist 4 5.88% $7,538
    First Federal Bank 3 5.71% $7,634
    METROPLEX MORTGAGE SERVICES, INC. 3 6.58% $9,396
    HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.25% $12,331
    STOCKTON MORTGAGE CORPORATION 2 6.38% $9,343
    AMERICAN FINANCIAL RESOURCES, INC. 2 7.19% $8,775
    SUCCESS MORTGAGE PARTNERS, INC. 2 6.69% $10,537
    HOME SOLUTION LENDERS INC. 2 5.50% $15,997
    Ixonia Bank 1 6.13% $10,363
    Keystone Funding, Inc. 1 6.63% $6,504
    LOANDEPOT.COM, LLC 1 6.63% $6,001
    Loan Simple, Inc. 1 6.25% $11,124
    MORIA DEVELOPMENT, INC. 1 6.00% $7,983
    MORTGAGE EQUITY PARTNERS LLC 1 7.50% $7,589
    Mortgage Lenders Investment Trading Corporation 1 6.75% $9,381
    Paramount Residential Mortgage Group, Inc. 1 6.63% $5,942
    Plains Commerce Bank 1 6.13% $9,960
    Regions Bank 1 7.25% $5,667
    Sierra Pacific Mortgage Company, Inc. 1 5.63% $7,539
    Summit Mortgage Corporation 1 6.13% $7,313
    SUN WEST MORTGAGE COMPANY, INC. 1 7.00% $9,823
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 5.25% $16,730
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.13% $8,629
    Ameris Bank 1 5.75% $9,125
    Bank of England 1 6.25% $9,120
    CALIBER HOME LOANS, INC. 1 6.00% $9,497
    CARDINAL FINANCIAL 1 5.75% $12,786
    Carrington Mortgage Services, LLC 1 7.50% $10,941
    Century Mortgage Company DBA Century Lending Company 1 5.99% $3,387
    EVERETT FINANCIAL, INC. 1 6.63% $11,428
    FBC MORTGAGE, LLC 1 5.13% $4,761
    GENEVA FINANCIAL, LLC 1 7.13% $12,711
    GUARANTEED RATE, INC. 1 6.25% $7,987
    HOMESTAR FINANCIAL CORPORATION 1 5.63% $8,854
    Hometown Equity Mortgage, LLC 1 6.50% $7,149

    The top Ocala USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 11 USDA loans originated. Their average total fees are $8,785, which is $2,627 lower than the next largest lender, AMERICAN BANCSHARES MORTGAGE.

    The lowest fee Ocala USDA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($8,785), AMERICAN BANCSHARES MORTGAGE ($11,412), .

    The lowest rate Ocala USDA lenders (with over 10 loans originated) are AMERICAN BANCSHARES MORTGAGE (6.12%), UNITED WHOLESALE MORTGAGE, LLC (6.13%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Ocala (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 $189,900 (1.6%) $268,841 (4.1%) 0.70 2,145
    2018-02-01 $190,700 (2.4%) $271,485 (5.7%) 0.69 2,154
    2018-03-01 $194,900 (2.6%) $271,722 (5.8%) 0.68 2,169
    2018-04-01 $199,620 (4.0%) $278,200 (7.6%) 0.68 2,109
    2018-05-01 $205,872 (5.6%) $282,995 (5.8%) 0.69 2,053
    2018-06-01 $205,000 (4.7%) $282,926 (3.8%) 0.68 2,062
    2018-07-01 $205,000 (7.9%) $284,393 (8.2%) 0.68 2,105
    2018-08-01 $199,900 (5.3%) $278,529 (7.1%) 0.67 2,126
    2018-09-01 $199,900 (5.3%) $276,409 (4.9%) 0.67 2,147
    2018-10-01 $199,700 (7.7%) $276,737 (8.7%) 0.68 2,202
    2018-11-01 $199,900 (5.8%) $274,094 (2.4%) 0.68 2,274
    2018-12-01 $199,970 (5.3%) $273,784 (0.7%) 0.69 2,298
    2019-01-01 $199,900 (5.3%) $271,900 (1.1%) 0.69 2,272
    2019-02-01 $199,338 (4.5%) $269,532 (-0.7%) 0.67 2,386
    2019-03-01 $198,814 (2.0%) $273,708 (0.7%) 0.65 2,378
    2019-04-01 $199,900 (0.1%) $279,138 (0.3%) 0.63 2,357
    2019-05-01 $204,950 (-0.5%) $280,384 (-0.9%) 0.64 2,240
    2019-06-01 $205,000 (0.0%) $287,948 (1.8%) 0.64 2,199
    2019-07-01 $206,390 (0.7%) $291,221 (2.4%) 0.65 2,137
    2019-08-01 $209,270 (4.7%) $290,941 (4.5%) 0.66 2,107
    2019-09-01 $209,675 (4.9%) $289,022 (4.6%) 0.67 2,098
    2019-10-01 $209,450 (4.9%) $285,836 (3.3%) 0.68 2,104
    2019-11-01 $209,000 (4.6%) $283,399 (3.4%) 0.69 2,105
    2019-12-01 $208,241 (4.1%) $279,704 (2.2%) 0.69 2,106
    2020-01-01 $204,600 (2.4%) $279,318 (2.7%) 0.68 2,043
    2020-02-01 $207,490 (4.1%) $280,293 (4.0%) 0.68 2,042
    2020-03-01 $208,353 (4.8%) $281,718 (2.9%) 0.65 1,892
    2020-04-01 $204,948 (2.5%) $280,570 (0.5%) 0.64 1,886
    2020-05-01 $209,900 (2.4%) $283,699 (1.2%) 0.64 1,778
    2020-06-01 $214,973 (4.9%) $298,684 (3.7%) 0.63 1,559
    2020-07-01 $215,450 (4.4%) $308,902 (6.1%) 0.63 1,419
    2020-08-01 $224,900 (7.5%) $320,013 (10.0%) 0.64 1,255
    2020-09-01 $226,960 (8.2%) $322,070 (11.4%) 0.65 1,221
    2020-10-01 $230,000 (9.8%) $338,020 (18.3%) 0.66 1,201
    2020-11-01 $229,938 (10.0%) $332,515 (17.3%) 0.67 1,231
    2020-12-01 $230,000 (10.5%) $331,145 (18.4%) 0.68 1,211
    2021-01-01 $237,000 (15.8%) $338,054 (21.0%) 0.71 1,050
    2021-02-01 $239,950 (15.6%) $345,463 (23.3%) 0.70 906
    2021-03-01 $243,923 (17.1%) $365,179 (29.6%) 0.69 696
    2021-04-01 $258,900 (26.3%) $393,165 (40.1%) 0.70 622
    2021-05-01 $265,450 (26.5%) $410,397 (44.7%) 0.71 600
    2021-06-01 $267,450 (24.4%) $420,616 (40.8%) 0.70 552
    2021-07-01 $274,900 (27.6%) $421,708 (36.5%) 0.73 710
    2021-08-01 $272,500 (21.2%) $394,922 (23.4%) 0.73 787
    2021-09-01 $274,325 (20.9%) $381,860 (18.6%) 0.73 783
    2021-10-01 $275,000 (19.6%) $386,738 (14.4%) 0.73 795
    2021-11-01 $283,500 (23.3%) $407,844 (22.7%) 0.76 786
    2021-12-01 $289,669 (25.9%) $407,581 (23.1%) 0.78 750
    2022-01-01 $299,900 (26.5%) $428,242 (26.7%) 0.81 684
    2022-02-01 $299,000 (24.6%) $431,853 (25.0%) 0.78 617
    2022-03-01 $299,925 (23.0%) $425,781 (16.6%) 0.75 645
    2022-04-01 $314,900 (21.6%) $427,744 (8.8%) 0.75 675
    2022-05-01 $326,250 (22.9%) $433,781 (5.7%) 0.75 805
    2022-06-01 $331,475 (23.9%) $444,333 (5.6%) 0.74 1,018
    2022-07-01 $325,000 (18.2%) $433,856 (2.9%) 0.73 1,328
    2022-08-01 $316,825 (16.3%) $412,962 (4.6%) 0.73 1,540
    2022-09-01 $314,325 (14.6%) $404,517 (5.9%) 0.74 1,715
    2022-10-01 $318,750 (15.9%) $400,663 (3.6%) 0.75 1,869
    2022-11-01 $314,875 (11.1%) $398,357 (-2.3%) 0.76 2,026
    2022-12-01 $313,250 (8.1%) $404,495 (-0.8%) 0.77 2,008
    2023-01-01 $311,995 (4.0%) $400,141 (-6.6%) 0.77 2,045
    2023-02-01 $307,000 (2.7%) $397,458 (-8.0%) 0.74 2,085
    2023-03-01 $307,000 (2.4%) $401,567 (-5.7%) 0.72 2,029
    2023-04-01 $305,000 (-3.1%) $394,163 (-7.9%) 0.71 2,064
    2023-05-01 $318,450 (-2.4%) $410,765 (-5.3%) 0.72 1,894
    2023-06-01 $314,950 (-5.0%) $413,195 (-7.0%) 0.71 1,873
    2023-07-01 $314,125 (-3.4%) $409,603 (-5.6%) 0.71 1,871
    2023-08-01 $315,000 (-0.6%) $407,837 (-1.2%) 0.72 1,862
    2023-09-01 $314,900 (0.2%) $400,664 (-1.0%) 0.73 2,029
    2023-10-01 $311,313 (-2.3%) $394,605 (-1.5%) 0.73 2,227
    2023-11-01 $309,450 (-1.7%) $392,175 (-1.6%) 0.74 2,442
    2023-12-01 $309,000 (-1.4%) $392,066 (-3.1%) 0.75 2,486
    2024-01-01 $309,050 (-0.9%) $448,024 (12.0%) 0.75 2,615
    2024-02-01 $307,000 (0.0%) $395,828 (-0.4%) 0.74 2,771
    2024-03-01 $305,000 (-0.7%) $390,830 (-2.7%) 0.72 2,800
    2024-04-01 $304,950 (0.0%) $388,949 (-1.3%) 0.71 2,786
    2024-05-01 $305,000 (-4.2%) $386,359 (-5.9%) 0.69 2,730
    2024-06-01 $308,000 (-2.2%) $384,942 (-6.8%) 0.70 2,681
    2024-07-01 $309,000 (-1.6%) $377,643 (-7.8%) 0.71 2,732
    2024-08-01 $308,995 (-1.9%) $378,103 (-7.3%) 0.72 2,766
    2024-09-01 $305,000 (-3.1%) $377,051 (-5.9%) 0.72 2,841
    2024-10-01 $303,164 (-2.6%) $374,281 (-5.2%) 0.71 2,973
    2024-11-01 $303,000 (-2.1%) $378,310 (-3.5%) 0.73 3,145
    2024-12-01 $302,725 (-2.0%) $381,733 (-2.6%) 0.75 3,173
    2025-01-01 $303,575 (-1.8%) $385,140 (-14.0%) 0.00 3,301
    Ocala's median listing price for 2025-01-01 was $303,575, a difference of $-5,475 (-1.8%) versus the prior year and $850 versus the prior month.

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

    Ocala's average listing price for 2025-01-01 was $385,140, a difference of $-62,884 (-14.0%) versus the prior year and $3,407 versus the prior month.

    For the 2025-01-01 period, Ocala had 3,301 MLS listings, a difference of 128 listings (4%) versus the prior month and 686 listings (26%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Ocala (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 74 days 1,772 sqft
    2018-02-01 73 days 1,779 sqft
    2018-03-01 60 days 1,796 sqft
    2018-04-01 63 days 1,808 sqft
    2018-05-01 61 days 1,816 sqft
    2018-06-01 60 days 1,828 sqft
    2018-07-01 61 days 1,824 sqft
    2018-08-01 61 days 1,796 sqft
    2018-09-01 66 days 1,803 sqft
    2018-10-01 63 days 1,800 sqft
    2018-11-01 61 days 1,802 sqft
    2018-12-01 68 days 1,820 sqft
    2019-01-01 73 days 1,790 sqft
    2019-02-01 65 days 1,772 sqft
    2019-03-01 62 days 1,762 sqft
    2019-04-01 61 days 1,763 sqft
    2019-05-01 63 days 1,763 sqft
    2019-06-01 64 days 1,761 sqft
    2019-07-01 66 days 1,760 sqft
    2019-08-01 66 days 1,772 sqft
    2019-09-01 65 days 1,784 sqft
    2019-10-01 65 days 1,786 sqft
    2019-11-01 59 days 1,768 sqft
    2019-12-01 63 days 1,752 sqft
    2020-01-01 71 days 1,750 sqft
    2020-02-01 65 days 1,747 sqft
    2020-03-01 59 days 1,751 sqft
    2020-04-01 63 days 1,747 sqft
    2020-05-01 74 days 1,727 sqft
    2020-06-01 80 days 1,736 sqft
    2020-07-01 67 days 1,742 sqft
    2020-08-01 61 days 1,765 sqft
    2020-09-01 54 days 1,763 sqft
    2020-10-01 53 days 1,785 sqft
    2020-11-01 51 days 1,748 sqft
    2020-12-01 57 days 1,754 sqft
    2021-01-01 59 days 1,761 sqft
    2021-02-01 50 days 1,771 sqft
    2021-03-01 44 days 1,751 sqft
    2021-04-01 39 days 1,819 sqft
    2021-05-01 38 days 1,818 sqft
    2021-06-01 39 days 1,764 sqft
    2021-07-01 37 days 1,781 sqft
    2021-08-01 35 days 1,755 sqft
    2021-09-01 40 days 1,752 sqft
    2021-10-01 40 days 1,728 sqft
    2021-11-01 44 days 1,754 sqft
    2021-12-01 57 days 1,749 sqft
    2022-01-01 47 days 1,774 sqft
    2022-02-01 39 days 1,707 sqft
    2022-03-01 35 days 1,693 sqft
    2022-04-01 34 days 1,725 sqft
    2022-05-01 30 days 1,740 sqft
    2022-06-01 30 days 1,732 sqft
    2022-07-01 33 days 1,712 sqft
    2022-08-01 42 days 1,673 sqft
    2022-09-01 45 days 1,678 sqft
    2022-10-01 51 days 1,701 sqft
    2022-11-01 59 days 1,700 sqft
    2022-12-01 65 days 1,704 sqft
    2023-01-01 73 days 1,707 sqft
    2023-02-01 67 days 1,695 sqft
    2023-03-01 57 days 1,699 sqft
    2023-04-01 57 days 1,667 sqft
    2023-05-01 55 days 1,693 sqft
    2023-06-01 55 days 1,678 sqft
    2023-07-01 57 days 1,664 sqft
    2023-08-01 58 days 1,671 sqft
    2023-09-01 54 days 1,661 sqft
    2023-10-01 51 days 1,656 sqft
    2023-11-01 53 days 1,654 sqft
    2023-12-01 63 days 1,646 sqft
    2024-01-01 70 days 1,643 sqft
    2024-02-01 65 days 1,642 sqft
    2024-03-01 57 days 1,640 sqft
    2024-04-01 61 days 1,639 sqft
    2024-05-01 59 days 1,644 sqft
    2024-06-01 61 days 1,652 sqft
    2024-07-01 64 days 1,649 sqft
    2024-08-01 66 days 1,655 sqft
    2024-09-01 67 days 1,656 sqft
    2024-10-01 68 days 1,660 sqft
    2024-11-01 70 days 1,660 sqft
    2024-12-01 75 days 1,656 sqft
    2025-01-01 0 days 1,656 sqft
    Ocala's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Ocala's median square footage for active listings during the 2025-01-01 period was 1,656 sqft. One year prior, the average listing was 1,643 sqft.