Ogdensburg USDA Loan Rates, Closing Costs & Stats

Ogdensburg-Massena, NY

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.

Ogdensburg's 7 lenders originated 11 USDA loans during 2023. The total origination value was $995,000, with an average USDA loan value of $90,455.

Ogdensburg USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Ogdensburg averaged 6.58% for the week of 2024-03-22, compared to the national average (all USDA variants) of 6.674% for the same period.

Ogdensburg's average USDA mortgage closing costs are $4,005.

The average rate for the prior week (2024-03-15) was 6.81% and one month ago for the week of 2024-02-16, the average rate was 6.79%.

The average rate one year ago was 6.68%.

For refis of the same type during the week of 2024-03-22, the average rate was 6.77%.

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

Ogdensburg 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 Ogdensburg level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
CROSSCOUNTRY MORTGAGE, LLC 4 7.13% $4,725
Bank of England 2 6.63% $7,576
Community Bank 1 6.75% $3,270
AMERICAN FINANCIAL RESOURCES, INC. 1 7.00% $2,780
HOMESTEAD FUNDING CORP. 1 7.25% $1,616
NORTHERN CREDIT UNION 1 7.00% $5,645
PLAZA HOME MORTGAGE, INC. 1 7.00% $5,645

The top Ogdensburg USDA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with 4 USDA loans originated. Their average total fees are $4,725, which is $2,851 lower than the next largest lender, Bank of England.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Ogdensburg (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 $103,700 (3.8%) $143,273 (3.5%) 0.00 636
2018-02-01 $105,000 (5.1%) $143,681 (2.8%) 0.00 631
2018-03-01 $104,900 (-0.1%) $167,751 (15.9%) 0.00 643
2018-04-01 $112,000 (1.9%) $170,816 (13.9%) 0.00 692
2018-05-01 $116,475 (6.0%) $173,072 (14.9%) 0.00 742
2018-06-01 $124,000 (13.5%) $174,771 (16.9%) 0.00 796
2018-07-01 $124,900 (13.6%) $158,085 (4.5%) 0.00 861
2018-08-01 $124,900 (10.6%) $157,437 (3.8%) 0.00 847
2018-09-01 $124,900 (9.1%) $159,760 (5.0%) 0.00 846
2018-10-01 $119,500 (4.0%) $158,864 (5.9%) 0.00 831
2018-11-01 $119,000 (8.9%) $156,503 (5.2%) 0.00 792
2018-12-01 $119,000 (13.3%) $155,242 (7.2%) 0.00 745
2019-01-01 $115,475 (11.4%) $152,160 (6.2%) 0.00 689
2019-02-01 $114,950 (9.5%) $149,873 (4.3%) 0.00 687
2019-03-01 $120,286 (14.7%) $153,255 (-8.6%) 0.00 675
2019-04-01 $120,736 (7.8%) $156,379 (-8.5%) 0.00 672
2019-05-01 $125,000 (7.3%) $162,129 (-6.3%) 0.00 705
2019-06-01 $128,000 (3.2%) $163,951 (-6.2%) 0.00 748
2019-07-01 $128,375 (2.8%) $165,198 (4.5%) 0.00 754
2019-08-01 $124,973 (0.1%) $163,161 (3.6%) 0.00 733
2019-09-01 $124,932 (0.0%) $161,280 (1.0%) 0.00 706
2019-10-01 $124,955 (4.6%) $160,473 (1.0%) 0.00 678
2019-11-01 $125,000 (5.0%) $160,925 (2.8%) 0.00 621
2019-12-01 $124,950 (5.0%) $160,196 (3.2%) 0.00 590
2020-01-01 $119,250 (3.3%) $156,128 (2.6%) 0.00 551
2020-02-01 $119,999 (4.4%) $155,520 (3.8%) 0.00 542
2020-03-01 $124,350 (3.4%) $156,222 (1.9%) 0.00 525
2020-04-01 $122,250 (1.3%) $158,831 (1.6%) 0.00 512
2020-05-01 $127,000 (1.6%) $167,360 (3.2%) 0.00 499
2020-06-01 $129,900 (1.5%) $175,548 (7.1%) 0.00 497
2020-07-01 $131,000 (2.0%) $179,261 (8.5%) 0.00 479
2020-08-01 $134,000 (7.2%) $177,269 (8.7%) 0.00 457
2020-09-01 $127,000 (1.7%) $175,801 (9.0%) 0.00 441
2020-10-01 $125,000 (0.0%) $170,301 (6.1%) 0.00 412
2020-11-01 $122,500 (-2.0%) $168,635 (4.8%) 0.00 368
2020-12-01 $120,000 (-4.0%) $168,859 (5.4%) 0.00 336
2021-01-01 $119,250 (0.0%) $163,779 (4.9%) 0.00 295
2021-02-01 $119,000 (-0.8%) $160,276 (3.1%) 0.00 281
2021-03-01 $125,000 (0.5%) $175,408 (12.3%) 0.00 258
2021-04-01 $130,625 (6.9%) $181,592 (14.3%) 0.00 259
2021-05-01 $148,750 (17.1%) $190,968 (14.1%) 0.00 268
2021-06-01 $149,900 (15.4%) $193,683 (10.3%) 0.00 299
2021-07-01 $148,500 (13.4%) $190,062 (6.0%) 0.00 318
2021-08-01 $148,250 (10.6%) $186,373 (5.1%) 0.00 316
2021-09-01 $143,425 (12.9%) $185,923 (5.8%) 0.00 313
2021-10-01 $137,500 (10.0%) $179,205 (5.2%) 0.00 302
2021-11-01 $125,250 (2.2%) $174,539 (3.5%) 0.00 263
2021-12-01 $110,000 (-8.3%) $162,748 (-3.6%) 0.00 255
2022-01-01 $105,900 (-11.2%) $157,168 (-4.0%) 0.00 228
2022-02-01 $104,975 (-11.8%) $155,178 (-3.2%) 0.00 214
2022-03-01 $109,625 (-12.3%) $176,396 (0.6%) 0.00 171
2022-04-01 $130,000 (-0.5%) $185,118 (1.9%) 0.00 184
2022-05-01 $142,450 (-4.2%) $194,588 (1.9%) 0.00 207
2022-06-01 $142,500 (-4.9%) $208,485 (7.6%) 0.00 240
2022-07-01 $149,000 (0.3%) $205,935 (8.4%) 0.00 270
2022-08-01 $152,450 (2.8%) $197,513 (6.0%) 0.00 284
2022-09-01 $152,125 (6.1%) $192,691 (3.6%) 0.00 281
2022-10-01 $144,650 (5.2%) $188,037 (4.9%) 0.00 278
2022-11-01 $137,072 (9.4%) $182,623 (4.6%) 0.00 263
2022-12-01 $132,700 (20.6%) $172,348 (5.9%) 0.00 242
2023-01-01 $129,975 (22.7%) $163,227 (3.9%) 0.00 226
2023-02-01 $131,897 (25.7%) $168,512 (8.6%) 0.00 199
2023-03-01 $135,500 (23.6%) $178,370 (1.1%) 0.00 191
2023-04-01 $139,950 (7.7%) $184,296 (-0.4%) 0.00 190
2023-05-01 $149,900 (5.2%) $201,219 (3.4%) 0.00 200
2023-06-01 $168,000 (17.9%) $201,550 (-3.3%) 0.00 236
2023-07-01 $169,000 (13.4%) $204,942 (-0.5%) 0.00 251
2023-08-01 $167,000 (9.5%) $200,111 (1.3%) 0.00 281
2023-09-01 $161,250 (6.0%) $202,542 (5.1%) 0.00 280
2023-10-01 $153,213 (5.9%) $200,564 (6.7%) 0.00 292
2023-11-01 $149,950 (9.4%) $193,699 (6.1%) 0.00 278
2023-12-01 $149,000 (12.3%) $198,104 (14.9%) 0.00 252
2024-01-01 $141,950 (9.2%) $189,655 (16.2%) 0.00 227
2024-02-01 $142,000 (7.7%) $186,869 (10.9%) 0.00 199
Ogdensburg's median listing price for 2024-02-01 was $142,000, a difference of $10,103 (7.7%) versus the prior year and $50 versus the prior month.

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

Ogdensburg's average listing price for 2024-02-01 was $186,869, a difference of $18,357 (10.9%) versus the prior year and $-2,786 versus the prior month.

For the 2024-02-01 period, Ogdensburg had 199 MLS listings, a difference of -28 listings (-12%) versus the prior month and 0 listings (0%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Ogdensburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,540 sqft
2018-02-01 0 days 1,562 sqft
2018-03-01 0 days 1,575 sqft
2018-04-01 0 days 1,596 sqft
2018-05-01 0 days 1,577 sqft
2018-06-01 0 days 1,568 sqft
2018-07-01 0 days 1,567 sqft
2018-08-01 0 days 1,562 sqft
2018-09-01 0 days 1,568 sqft
2018-10-01 0 days 1,573 sqft
2018-11-01 0 days 1,600 sqft
2018-12-01 0 days 1,600 sqft
2019-01-01 0 days 1,583 sqft
2019-02-01 0 days 1,586 sqft
2019-03-01 0 days 1,583 sqft
2019-04-01 0 days 1,573 sqft
2019-05-01 0 days 1,560 sqft
2019-06-01 0 days 1,560 sqft
2019-07-01 0 days 1,544 sqft
2019-08-01 0 days 1,544 sqft
2019-09-01 0 days 1,555 sqft
2019-10-01 0 days 1,566 sqft
2019-11-01 0 days 1,584 sqft
2019-12-01 0 days 1,596 sqft
2020-01-01 0 days 1,584 sqft
2020-02-01 0 days 1,570 sqft
2020-03-01 0 days 1,600 sqft
2020-04-01 0 days 1,600 sqft
2020-05-01 0 days 1,602 sqft
2020-06-01 0 days 1,600 sqft
2020-07-01 0 days 1,640 sqft
2020-08-01 0 days 1,658 sqft
2020-09-01 0 days 1,632 sqft
2020-10-01 0 days 1,640 sqft
2020-11-01 0 days 1,665 sqft
2020-12-01 0 days 1,646 sqft
2021-01-01 0 days 1,617 sqft
2021-02-01 0 days 1,589 sqft
2021-03-01 0 days 1,650 sqft
2021-04-01 0 days 1,679 sqft
2021-05-01 0 days 1,680 sqft
2021-06-01 0 days 1,661 sqft
2021-07-01 0 days 1,652 sqft
2021-08-01 0 days 1,601 sqft
2021-09-01 0 days 1,580 sqft
2021-10-01 0 days 1,568 sqft
2021-11-01 0 days 1,547 sqft
2021-12-01 0 days 1,524 sqft
2022-01-01 0 days 1,480 sqft
2022-02-01 0 days 1,464 sqft
2022-03-01 0 days 1,509 sqft
2022-04-01 0 days 1,468 sqft
2022-05-01 0 days 1,521 sqft
2022-06-01 0 days 1,532 sqft
2022-07-01 0 days 1,489 sqft
2022-08-01 0 days 1,519 sqft
2022-09-01 0 days 1,507 sqft
2022-10-01 0 days 1,549 sqft
2022-11-01 0 days 1,542 sqft
2022-12-01 0 days 1,512 sqft
2023-01-01 0 days 1,512 sqft
2023-02-01 0 days 1,500 sqft
2023-03-01 0 days 1,493 sqft
2023-04-01 0 days 1,456 sqft
2023-05-01 0 days 1,545 sqft
2023-06-01 0 days 1,573 sqft
2023-07-01 0 days 1,564 sqft
2023-08-01 0 days 1,587 sqft
2023-09-01 0 days 1,568 sqft
2023-10-01 0 days 1,542 sqft
2023-11-01 0 days 1,523 sqft
2023-12-01 0 days 1,529 sqft
2024-01-01 0 days 1,530 sqft
2024-02-01 0 days 1,500 sqft
Ogdensburg's median listing age (time on market) for 2024-02-01 was 0 days.

Ogdensburg's median square footage for active listings during the 2024-02-01 period was 1,500 sqft. One year prior, the average listing was 1,500 sqft.