Ozark USDA Loan Rates, Closing Costs & Stats

Ozark, AL

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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.

    Ozark's 13 lenders originated 40 USDA loans during 2023. The total origination value was $5,390,000, with an average USDA loan value of $134,750.

    Ozark USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Ozark averaged 6.48% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Ozark's average USDA mortgage closing costs are $3,846.

    The average rate for the prior week (2025-02-07) was 6.54% and one month ago for the week of 2025-01-10, the average rate was 6.49%.

    The average rate one year ago was 6.48%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.43%.

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

    Ozark 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 Ozark level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    ENVOY MORTGAGE, LTD 16 6.72% $6,749
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 7.00% $4,186
    Mortgage Research Center, LLC 3 6.67% $3,604
    UNION HOME MORTGAGE CORP. 2 6.63% $6,994
    INTERLINC MORTGAGE SERVICES, LLC 2 6.88% $4,606
    Renasant Bank 2 6.69% $5,435
    Synovus Bank 1 6.25% $5,618
    Assurance Financial Group, L.L.C. 1 6.63% $5,414
    Ameris Bank 1 6.63% $5,069
    SmartBank 1 6.63% $4,296
    STOCKTON MORTGAGE CORPORATION 1 6.75% $4,756
    Consumer First Mortgage, Inc. 1 6.25% $8,525
    GMFS LLC 1 5.75% $3,483

    The top Ozark USDA lender as defined by loan originations is ENVOY MORTGAGE, LTD, with 16 USDA loans originated. Their average total fees are $6,749, which is $2,563 higher than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

    The lowest fee Ozark USDA lenders (with over 10 loans originated) are ENVOY MORTGAGE, LTD ($6,749), .

    The lowest rate Ozark USDA lenders (with over 10 loans originated) are ENVOY MORTGAGE, LTD (6.72%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Ozark (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 $125,225 (3.1%) $152,875 (4.2%) 0.00 218
    2018-02-01 $119,925 (-4.2%) $156,913 (1.4%) 0.00 231
    2018-03-01 $124,750 (-11.1%) $158,691 (-0.8%) 0.00 222
    2018-04-01 $126,225 (-9.8%) $155,865 (-3.8%) 0.00 240
    2018-05-01 $132,125 (-2.1%) $160,407 (5.1%) 0.00 275
    2018-06-01 $135,000 (5.4%) $160,676 (6.1%) 0.00 235
    2018-07-01 $134,750 (4.1%) $161,837 (5.3%) 0.00 238
    2018-08-01 $128,850 (3.9%) $165,313 (11.2%) 0.00 235
    2018-09-01 $125,000 (-0.6%) $158,402 (7.0%) 0.00 235
    2018-10-01 $127,250 (6.1%) $159,051 (5.1%) 0.00 243
    2018-11-01 $119,800 (-0.2%) $150,939 (-0.9%) 0.00 238
    2018-12-01 $119,900 (-3.9%) $150,658 (-0.2%) 0.00 243
    2019-01-01 $119,225 (-4.8%) $141,062 (-7.7%) 0.00 242
    2019-02-01 $119,675 (-0.2%) $142,066 (-9.5%) 0.00 232
    2019-03-01 $125,971 (1.0%) $153,482 (-3.3%) 0.00 210
    2019-04-01 $135,850 (7.6%) $165,778 (6.4%) 0.00 192
    2019-05-01 $133,650 (1.2%) $167,374 (4.3%) 0.00 183
    2019-06-01 $132,900 (-1.6%) $167,839 (4.5%) 0.00 198
    2019-07-01 $133,675 (-0.8%) $172,783 (6.8%) 0.00 183
    2019-08-01 $131,645 (2.2%) $176,080 (6.5%) 0.00 180
    2019-09-01 $130,439 (4.4%) $173,616 (9.6%) 0.00 185
    2019-10-01 $129,634 (1.9%) $173,425 (9.0%) 0.00 186
    2019-11-01 $129,250 (7.9%) $175,925 (16.6%) 0.00 180
    2019-12-01 $130,250 (8.6%) $174,937 (16.1%) 0.00 166
    2020-01-01 $137,975 (15.7%) $180,648 (28.1%) 0.00 159
    2020-02-01 $139,700 (16.7%) $175,280 (23.4%) 0.00 163
    2020-03-01 $143,700 (14.1%) $183,332 (19.5%) 0.00 158
    2020-04-01 $147,975 (8.9%) $185,569 (11.9%) 0.00 152
    2020-05-01 $148,950 (11.5%) $180,750 (8.0%) 0.00 133
    2020-06-01 $146,175 (10.0%) $186,200 (10.9%) 0.00 125
    2020-07-01 $131,500 (-1.6%) $177,927 (3.0%) 0.00 112
    2020-08-01 $149,900 (13.9%) $187,707 (6.6%) 0.00 112
    2020-09-01 $149,225 (14.4%) $194,843 (12.2%) 0.00 100
    2020-10-01 $156,250 (20.5%) $199,265 (14.9%) 0.00 92
    2020-11-01 $147,175 (13.9%) $186,755 (6.2%) 0.00 83
    2020-12-01 $145,600 (11.8%) $180,080 (2.9%) 0.00 79
    2021-01-01 $149,900 (8.6%) $164,781 (-8.8%) 0.00 69
    2021-02-01 $154,075 (10.3%) $177,159 (1.1%) 0.00 67
    2021-03-01 $155,000 (7.9%) $192,814 (5.2%) 0.00 62
    2021-04-01 $162,750 (10.0%) $200,871 (8.3%) 0.00 66
    2021-05-01 $168,000 (12.8%) $226,343 (25.2%) 0.00 59
    2021-06-01 $164,625 (12.6%) $253,937 (36.4%) 0.00 49
    2021-07-01 $159,950 (21.6%) $265,901 (49.4%) 0.00 56
    2021-08-01 $148,875 (-0.7%) $233,153 (24.2%) 0.00 65
    2021-09-01 $142,500 (-4.5%) $216,679 (11.2%) 0.00 63
    2021-10-01 $140,500 (-10.1%) $192,488 (-3.4%) 0.00 60
    2021-11-01 $151,375 (2.9%) $207,048 (10.9%) 0.00 50
    2021-12-01 $166,000 (14.0%) $190,670 (5.9%) 0.00 45
    2022-01-01 $142,500 (-4.9%) $182,452 (10.7%) 0.00 49
    2022-02-01 $144,375 (-6.3%) $211,143 (19.2%) 0.00 51
    2022-03-01 $150,250 (-3.1%) $227,104 (17.8%) 0.00 44
    2022-04-01 $179,500 (10.3%) $234,019 (16.5%) 0.00 50
    2022-05-01 $171,750 (2.2%) $240,469 (6.2%) 0.00 57
    2022-06-01 $184,000 (11.8%) $243,818 (-4.0%) 0.00 67
    2022-07-01 $190,000 (18.8%) $265,264 (-0.2%) 0.00 68
    2022-08-01 $190,700 (28.1%) $251,024 (7.7%) 0.00 80
    2022-09-01 $167,250 (17.4%) $224,108 (3.4%) 0.00 79
    2022-10-01 $175,000 (24.6%) $227,767 (18.3%) 0.00 89
    2022-11-01 $194,450 (28.5%) $242,264 (17.0%) 0.00 78
    2022-12-01 $215,000 (29.5%) $245,805 (28.9%) 0.00 71
    2023-01-01 $219,625 (54.1%) $263,588 (44.5%) 0.00 65
    2023-02-01 $203,725 (41.1%) $258,916 (22.6%) 0.00 56
    2023-03-01 $189,500 (26.1%) $257,945 (13.6%) 0.00 51
    2023-04-01 $214,200 (19.3%) $270,921 (15.8%) 0.00 49
    2023-05-01 $229,950 (33.9%) $285,627 (18.8%) 0.00 54
    2023-06-01 $222,900 (21.1%) $293,469 (20.4%) 0.00 59
    2023-07-01 $222,450 (17.1%) $291,878 (10.0%) 0.00 58
    2023-08-01 $205,450 (7.7%) $266,725 (6.3%) 0.00 61
    2023-09-01 $185,000 (10.6%) $240,556 (7.3%) 0.00 70
    2023-10-01 $194,500 (11.1%) $241,626 (6.1%) 0.00 80
    2023-11-01 $182,475 (-6.2%) $236,286 (-2.5%) 0.00 85
    2023-12-01 $185,000 (-14.0%) $224,882 (-8.5%) 0.00 87
    2024-01-01 $172,000 (-21.7%) $216,904 (-17.7%) 0.00 85
    2024-02-01 $180,450 (-11.4%) $219,913 (-15.1%) 0.00 84
    2024-03-01 $192,400 (1.5%) $242,313 (-6.1%) 0.00 97
    2024-04-01 $191,250 (-10.7%) $243,239 (-10.2%) 0.00 91
    2024-05-01 $197,300 (-14.2%) $237,545 (-16.8%) 0.00 102
    2024-06-01 $187,000 (-16.1%) $235,869 (-19.6%) 0.00 104
    2024-07-01 $222,975 (0.2%) $254,596 (-12.8%) 0.00 112
    2024-08-01 $237,450 (15.6%) $264,335 (-0.9%) 0.00 119
    2024-09-01 $239,900 (29.7%) $266,940 (11.0%) 0.00 132
    2024-10-01 $236,175 (21.4%) $255,250 (5.6%) 0.00 138
    2024-11-01 $239,000 (31.0%) $260,497 (10.3%) 0.00 143
    2024-12-01 $238,900 (29.1%) $259,436 (15.4%) 0.00 133
    2025-01-01 $239,225 (39.1%) $257,225 (18.6%) 0.00 116
    Ozark's median listing price for 2025-01-01 was $239,225, a difference of $67,225 (39.1%) versus the prior year and $325 versus the prior month.

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

    Ozark's average listing price for 2025-01-01 was $257,225, a difference of $40,321 (18.6%) versus the prior year and $-2,211 versus the prior month.

    For the 2025-01-01 period, Ozark had 116 MLS listings, a difference of -17 listings (-13%) versus the prior month and 31 listings (36%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Ozark (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,716 sqft
    2018-02-01 0 days 1,674 sqft
    2018-03-01 0 days 1,701 sqft
    2018-04-01 0 days 1,688 sqft
    2018-05-01 0 days 1,743 sqft
    2018-06-01 0 days 1,736 sqft
    2018-07-01 0 days 1,767 sqft
    2018-08-01 0 days 1,793 sqft
    2018-09-01 0 days 1,769 sqft
    2018-10-01 0 days 1,758 sqft
    2018-11-01 0 days 1,686 sqft
    2018-12-01 0 days 1,659 sqft
    2019-01-01 0 days 1,612 sqft
    2019-02-01 0 days 1,618 sqft
    2019-03-01 0 days 1,678 sqft
    2019-04-01 0 days 1,750 sqft
    2019-05-01 0 days 1,755 sqft
    2019-06-01 0 days 1,744 sqft
    2019-07-01 0 days 1,750 sqft
    2019-08-01 0 days 1,750 sqft
    2019-09-01 0 days 1,770 sqft
    2019-10-01 0 days 1,764 sqft
    2019-11-01 0 days 1,700 sqft
    2019-12-01 0 days 1,720 sqft
    2020-01-01 0 days 1,723 sqft
    2020-02-01 0 days 1,739 sqft
    2020-03-01 0 days 1,779 sqft
    2020-04-01 0 days 1,809 sqft
    2020-05-01 0 days 1,730 sqft
    2020-06-01 0 days 1,719 sqft
    2020-07-01 0 days 1,700 sqft
    2020-08-01 0 days 1,820 sqft
    2020-09-01 0 days 1,760 sqft
    2020-10-01 0 days 1,848 sqft
    2020-11-01 0 days 1,764 sqft
    2020-12-01 0 days 1,750 sqft
    2021-01-01 0 days 1,764 sqft
    2021-02-01 0 days 1,757 sqft
    2021-03-01 0 days 1,704 sqft
    2021-04-01 0 days 1,727 sqft
    2021-05-01 0 days 1,820 sqft
    2021-06-01 0 days 1,891 sqft
    2021-07-01 0 days 1,794 sqft
    2021-08-01 0 days 1,686 sqft
    2021-09-01 0 days 1,648 sqft
    2021-10-01 0 days 1,614 sqft
    2021-11-01 0 days 1,682 sqft
    2021-12-01 0 days 1,632 sqft
    2022-01-01 0 days 1,592 sqft
    2022-02-01 0 days 1,595 sqft
    2022-03-01 0 days 1,638 sqft
    2022-04-01 0 days 1,795 sqft
    2022-05-01 0 days 1,660 sqft
    2022-06-01 0 days 1,722 sqft
    2022-07-01 0 days 2,020 sqft
    2022-08-01 0 days 1,962 sqft
    2022-09-01 0 days 1,649 sqft
    2022-10-01 0 days 1,666 sqft
    2022-11-01 0 days 1,776 sqft
    2022-12-01 0 days 1,820 sqft
    2023-01-01 0 days 1,995 sqft
    2023-02-01 0 days 2,009 sqft
    2023-03-01 0 days 2,096 sqft
    2023-04-01 0 days 2,143 sqft
    2023-05-01 0 days 2,232 sqft
    2023-06-01 0 days 2,192 sqft
    2023-07-01 0 days 2,118 sqft
    2023-08-01 0 days 1,986 sqft
    2023-09-01 0 days 1,707 sqft
    2023-10-01 0 days 1,753 sqft
    2023-11-01 0 days 1,705 sqft
    2023-12-01 0 days 1,735 sqft
    2024-01-01 0 days 1,722 sqft
    2024-02-01 0 days 1,671 sqft
    2024-03-01 0 days 1,766 sqft
    2024-04-01 0 days 1,731 sqft
    2024-05-01 0 days 1,708 sqft
    2024-06-01 0 days 1,725 sqft
    2024-07-01 0 days 1,847 sqft
    2024-08-01 0 days 1,870 sqft
    2024-09-01 0 days 1,825 sqft
    2024-10-01 0 days 1,739 sqft
    2024-11-01 0 days 1,824 sqft
    2024-12-01 0 days 1,707 sqft
    2025-01-01 0 days 1,764 sqft
    Ozark's median listing age (time on market) for 2025-01-01 was 0 days.

    Ozark's median square footage for active listings during the 2025-01-01 period was 1,764 sqft. One year prior, the average listing was 1,722 sqft.