Oneonta USDA Loan Rates, Closing Costs & Stats

Oneonta, NY

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Oneonta's 5 lenders originated 8 USDA loans during 2023. The total origination value was $1,110,000, with an average USDA loan value of $138,750.

    Oneonta USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Oneonta averaged 6.41% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    Oneonta's average USDA mortgage closing costs are $4,398.

    The average rate for the prior week (2024-12-06) was 6.65% and one month ago for the week of 2024-11-08, the average rate was 6.66%.

    The average rate one year ago was 6.83%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.3%.

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

    Oneonta 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 Oneonta level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Community Bank 2 7.00% $4,177
    PLAZA HOME MORTGAGE, INC. 2 6.75% $7,943
    HOMESTEAD FUNDING CORP. 1 5.75% $1,526
    Premium Mortgage Corporation 1 6.63% $5,648
    RELIANCE FIRST CAPITAL, LLC 1 7.25% $2,578

    The top Oneonta USDA lender as defined by loan originations is Community Bank, with 2 USDA loans originated. Their average total fees are $4,177, which is $3,766 lower than the next largest lender, PLAZA HOME MORTGAGE, INC..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Oneonta (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 $179,000 (16.2%) $304,360 (14.3%) 0.00 450
    2018-02-01 $176,500 (16.9%) $314,208 (20.6%) 0.00 436
    2018-03-01 $179,900 (18.4%) $307,510 (13.5%) 0.00 423
    2018-04-01 $179,900 (12.5%) $306,205 (11.0%) 0.00 417
    2018-05-01 $179,900 (12.5%) $307,151 (11.9%) 0.00 447
    2018-06-01 $189,000 (15.0%) $321,069 (11.3%) 0.00 495
    2018-07-01 $183,250 (8.1%) $329,878 (12.7%) 0.00 524
    2018-08-01 $188,750 (11.4%) $330,541 (11.8%) 0.00 529
    2018-09-01 $186,950 (6.8%) $332,396 (8.8%) 0.00 523
    2018-10-01 $186,225 (5.2%) $339,507 (12.9%) 0.00 506
    2018-11-01 $189,900 (4.8%) $346,933 (11.9%) 0.00 468
    2018-12-01 $189,900 (5.6%) $346,614 (12.3%) 0.00 437
    2019-01-01 $189,950 (6.1%) $351,462 (15.5%) 0.00 393
    2019-02-01 $199,450 (13.0%) $357,981 (13.9%) 0.00 394
    2019-03-01 $208,471 (15.9%) $358,604 (16.6%) 0.00 405
    2019-04-01 $221,175 (22.9%) $357,652 (16.8%) 0.00 425
    2019-05-01 $221,150 (22.9%) $349,279 (13.7%) 0.00 455
    2019-06-01 $225,000 (19.1%) $341,768 (6.5%) 0.00 489
    2019-07-01 $229,225 (25.1%) $351,747 (6.6%) 0.00 502
    2019-08-01 $214,100 (13.4%) $333,267 (0.8%) 0.00 522
    2019-09-01 $206,000 (10.2%) $317,520 (-4.5%) 0.00 514
    2019-10-01 $199,800 (7.3%) $306,425 (-9.7%) 0.00 505
    2019-11-01 $199,700 (5.2%) $316,839 (-8.7%) 0.00 437
    2019-12-01 $184,950 (-2.6%) $309,181 (-10.8%) 0.00 393
    2020-01-01 $182,000 (-4.2%) $301,711 (-14.2%) 0.00 365
    2020-02-01 $186,350 (-6.6%) $302,937 (-15.4%) 0.00 348
    2020-03-01 $189,000 (-9.3%) $312,045 (-13.0%) 0.00 338
    2020-04-01 $189,450 (-14.3%) $311,992 (-12.8%) 0.00 330
    2020-05-01 $189,900 (-14.1%) $313,549 (-10.2%) 0.00 327
    2020-06-01 $192,500 (-14.4%) $323,868 (-5.2%) 0.00 347
    2020-07-01 $194,725 (-15.1%) $333,622 (-5.2%) 0.00 346
    2020-08-01 $195,000 (-8.9%) $317,409 (-4.8%) 0.00 346
    2020-09-01 $202,975 (-1.5%) $320,604 (1.0%) 0.00 332
    2020-10-01 $219,000 (9.6%) $328,279 (7.1%) 0.00 321
    2020-11-01 $189,222 (-5.3%) $320,396 (1.1%) 0.00 303
    2020-12-01 $189,891 (2.7%) $318,352 (3.0%) 0.00 283
    2021-01-01 $183,750 (1.0%) $316,267 (4.8%) 0.00 233
    2021-02-01 $189,000 (1.4%) $334,875 (10.5%) 0.00 211
    2021-03-01 $202,500 (7.1%) $374,047 (19.9%) 0.00 192
    2021-04-01 $214,975 (13.5%) $374,897 (20.2%) 0.00 183
    2021-05-01 $249,000 (31.1%) $397,469 (26.8%) 0.00 187
    2021-06-01 $249,950 (29.8%) $380,588 (17.5%) 0.00 228
    2021-07-01 $262,400 (34.8%) $385,760 (15.6%) 0.00 254
    2021-08-01 $259,625 (33.1%) $392,090 (23.5%) 0.00 270
    2021-09-01 $249,925 (23.1%) $384,034 (19.8%) 0.00 263
    2021-10-01 $239,950 (9.6%) $367,968 (12.1%) 0.00 247
    2021-11-01 $249,250 (31.7%) $372,653 (16.3%) 0.00 220
    2021-12-01 $251,250 (32.3%) $366,530 (15.1%) 0.00 190
    2022-01-01 $245,000 (33.3%) $346,468 (9.6%) 0.00 158
    2022-02-01 $255,350 (35.1%) $395,652 (18.2%) 0.00 139
    2022-03-01 $259,900 (28.4%) $418,489 (11.9%) 0.00 133
    2022-04-01 $282,450 (31.4%) $427,781 (14.1%) 0.00 133
    2022-05-01 $288,725 (16.0%) $407,136 (2.4%) 0.00 167
    2022-06-01 $297,750 (19.1%) $412,261 (8.3%) 0.00 198
    2022-07-01 $268,500 (2.3%) $438,367 (13.6%) 0.00 227
    2022-08-01 $284,450 (9.6%) $457,214 (16.6%) 0.00 213
    2022-09-01 $279,950 (12.0%) $436,298 (13.6%) 0.00 203
    2022-10-01 $269,200 (12.2%) $435,543 (18.4%) 0.00 191
    2022-11-01 $266,000 (6.7%) $432,026 (15.9%) 0.00 171
    2022-12-01 $225,500 (-10.3%) $405,332 (10.6%) 0.00 163
    2023-01-01 $260,000 (6.1%) $436,842 (26.1%) 0.00 135
    2023-02-01 $254,500 (-0.3%) $418,096 (5.7%) 0.00 134
    2023-03-01 $249,000 (-4.2%) $407,539 (-2.6%) 0.00 146
    2023-04-01 $249,900 (-11.5%) $387,577 (-9.4%) 0.00 148
    2023-05-01 $294,475 (2.0%) $420,194 (3.2%) 0.00 149
    2023-06-01 $299,600 (0.6%) $424,545 (3.0%) 0.00 159
    2023-07-01 $299,000 (11.4%) $411,398 (-6.2%) 0.00 163
    2023-08-01 $279,900 (-1.6%) $380,462 (-16.8%) 0.00 174
    2023-09-01 $292,000 (4.3%) $405,316 (-7.1%) 0.00 188
    2023-10-01 $281,200 (4.5%) $396,103 (-9.1%) 0.00 185
    2023-11-01 $279,500 (5.1%) $387,854 (-10.2%) 0.00 173
    2023-12-01 $280,000 (24.2%) $396,903 (-2.1%) 0.00 151
    2024-01-01 $281,950 (8.4%) $402,874 (-7.8%) 0.00 141
    2024-02-01 $264,225 (3.8%) $384,926 (-7.9%) 0.00 135
    2024-03-01 $275,000 (10.4%) $393,013 (-3.6%) 0.00 138
    2024-04-01 $283,725 (13.5%) $423,583 (9.3%) 0.00 134
    2024-05-01 $326,000 (10.7%) $485,439 (15.5%) 0.00 145
    2024-06-01 $325,000 (8.5%) $471,018 (11.0%) 0.00 160
    2024-07-01 $302,250 (1.1%) $466,318 (13.4%) 0.00 181
    2024-08-01 $315,000 (12.5%) $485,252 (27.5%) 0.00 195
    2024-09-01 $290,000 (-0.7%) $474,548 (17.1%) 0.00 191
    2024-10-01 $289,500 (3.0%) $480,575 (21.3%) 0.00 195
    2024-11-01 $297,500 (6.4%) $484,103 (24.8%) 0.00 185
    Oneonta's median listing price for 2024-11-01 was $297,500, a difference of $18,000 (6.4%) versus the prior year and $8,000 versus the prior month.

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

    Oneonta's average listing price for 2024-11-01 was $484,103, a difference of $96,249 (24.8%) versus the prior year and $3,528 versus the prior month.

    For the 2024-11-01 period, Oneonta had 185 MLS listings, a difference of -10 listings (-5%) versus the prior month and 12 listings (7%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Oneonta (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,866 sqft
    2018-02-01 0 days 1,889 sqft
    2018-03-01 0 days 1,899 sqft
    2018-04-01 0 days 1,880 sqft
    2018-05-01 0 days 1,875 sqft
    2018-06-01 0 days 1,878 sqft
    2018-07-01 0 days 1,832 sqft
    2018-08-01 0 days 1,867 sqft
    2018-09-01 0 days 1,872 sqft
    2018-10-01 0 days 1,850 sqft
    2018-11-01 0 days 1,890 sqft
    2018-12-01 0 days 1,878 sqft
    2019-01-01 0 days 1,849 sqft
    2019-02-01 0 days 1,800 sqft
    2019-03-01 0 days 1,840 sqft
    2019-04-01 0 days 1,895 sqft
    2019-05-01 0 days 1,893 sqft
    2019-06-01 0 days 1,900 sqft
    2019-07-01 0 days 1,901 sqft
    2019-08-01 0 days 1,896 sqft
    2019-09-01 0 days 1,898 sqft
    2019-10-01 0 days 1,900 sqft
    2019-11-01 0 days 1,880 sqft
    2019-12-01 0 days 1,816 sqft
    2020-01-01 0 days 1,822 sqft
    2020-02-01 0 days 1,840 sqft
    2020-03-01 0 days 1,863 sqft
    2020-04-01 0 days 1,866 sqft
    2020-05-01 0 days 1,919 sqft
    2020-06-01 0 days 1,937 sqft
    2020-07-01 0 days 1,943 sqft
    2020-08-01 0 days 1,920 sqft
    2020-09-01 0 days 1,938 sqft
    2020-10-01 0 days 1,898 sqft
    2020-11-01 0 days 1,800 sqft
    2020-12-01 0 days 1,800 sqft
    2021-01-01 0 days 1,796 sqft
    2021-02-01 0 days 1,805 sqft
    2021-03-01 0 days 1,851 sqft
    2021-04-01 0 days 1,835 sqft
    2021-05-01 0 days 1,820 sqft
    2021-06-01 0 days 2,000 sqft
    2021-07-01 0 days 1,942 sqft
    2021-08-01 0 days 1,970 sqft
    2021-09-01 0 days 1,960 sqft
    2021-10-01 0 days 1,908 sqft
    2021-11-01 0 days 1,998 sqft
    2021-12-01 0 days 1,965 sqft
    2022-01-01 0 days 1,900 sqft
    2022-02-01 0 days 1,998 sqft
    2022-03-01 0 days 2,012 sqft
    2022-04-01 0 days 2,074 sqft
    2022-05-01 0 days 1,893 sqft
    2022-06-01 0 days 1,905 sqft
    2022-07-01 0 days 1,844 sqft
    2022-08-01 0 days 1,870 sqft
    2022-09-01 0 days 1,874 sqft
    2022-10-01 0 days 1,930 sqft
    2022-11-01 0 days 1,824 sqft
    2022-12-01 0 days 1,751 sqft
    2023-01-01 0 days 1,931 sqft
    2023-02-01 0 days 1,946 sqft
    2023-03-01 0 days 1,931 sqft
    2023-04-01 0 days 1,889 sqft
    2023-05-01 0 days 1,910 sqft
    2023-06-01 0 days 1,949 sqft
    2023-07-01 0 days 1,932 sqft
    2023-08-01 0 days 1,869 sqft
    2023-09-01 0 days 1,908 sqft
    2023-10-01 0 days 1,860 sqft
    2023-11-01 0 days 1,880 sqft
    2023-12-01 0 days 1,892 sqft
    2024-01-01 0 days 1,894 sqft
    2024-02-01 0 days 1,894 sqft
    2024-03-01 0 days 1,852 sqft
    2024-04-01 0 days 1,838 sqft
    2024-05-01 0 days 1,999 sqft
    2024-06-01 0 days 1,960 sqft
    2024-07-01 0 days 1,899 sqft
    2024-08-01 0 days 1,906 sqft
    2024-09-01 0 days 1,901 sqft
    2024-10-01 0 days 1,889 sqft
    2024-11-01 0 days 1,897 sqft
    Oneonta's median listing age (time on market) for 2024-11-01 was 0 days.

    Oneonta's median square footage for active listings during the 2024-11-01 period was 1,897 sqft. One year prior, the average listing was 1,880 sqft.