Paducah USDA Loan Rates, Closing Costs & Stats

Paducah, KY-IL

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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.

    Paducah's 12 lenders originated 24 USDA loans during 2023. The total origination value was $3,160,000, with an average USDA loan value of $131,667.

    Paducah USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Paducah averaged 6.47% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Paducah's average USDA mortgage closing costs are $3,807.

    The average rate for the prior week (2025-02-07) was 6.63% and one month ago for the week of 2025-01-10, the average rate was 6.78%.

    The average rate one year ago was 6.47%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.33%.

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

    Paducah 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 Paducah level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    EVERETT FINANCIAL, INC. 5 7.10% $3,491
    GERSHMAN INVESTMENT CORP. 5 6.25% $4,337
    STOCKTON MORTGAGE CORPORATION 3 6.71% $5,347
    Regions Bank 2 6.75% $4,317
    MOVEMENT MORTGAGE, LLC 1 5.25% $8,619
    POLARIS HOME FUNDING CORP. 1 6.75% $5,422
    TOWNE MORTGAGE COMPANY 1 7.63% $5,051
    CapStar Bank 1 6.38% $4,270
    U.S. Bank 1 7.25% $5,581
    Citizens Bank 1 7.75% $5,027
    LOANDEPOT.COM, LLC 1 7.13% $5,142
    MID AMERICA MORTGAGE, INC. 1 6.13% $4,099

    The top Paducah USDA lender as defined by loan originations is EVERETT FINANCIAL, INC., with 5 USDA loans originated. Their average total fees are $3,491, which is $846 lower than the next largest lender, GERSHMAN INVESTMENT CORP..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Paducah (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 $134,900 (-3.2%) $172,507 (-8.2%) 0.00 576
    2018-02-01 $130,400 (-6.8%) $168,064 (-10.6%) 0.00 574
    2018-03-01 $139,950 (0.0%) $173,304 (-7.8%) 0.00 597
    2018-04-01 $144,000 (-0.7%) $176,895 (-8.4%) 0.00 606
    2018-05-01 $144,000 (-1.2%) $181,936 (-6.4%) 0.00 636
    2018-06-01 $141,450 (-3.8%) $183,752 (-3.8%) 0.00 643
    2018-07-01 $139,175 (-7.2%) $178,381 (-6.8%) 0.00 660
    2018-08-01 $135,000 (-8.8%) $175,995 (-6.4%) 0.00 637
    2018-09-01 $134,900 (-3.6%) $175,828 (-4.3%) 0.00 622
    2018-10-01 $134,950 (-6.9%) $179,621 (-2.8%) 0.00 602
    2018-11-01 $135,000 (-3.5%) $179,989 (1.4%) 0.00 587
    2018-12-01 $144,200 (3.1%) $190,460 (8.1%) 0.00 534
    2019-01-01 $144,300 (7.0%) $192,272 (11.5%) 0.00 516
    2019-02-01 $144,400 (10.7%) $194,909 (16.0%) 0.00 531
    2019-03-01 $142,757 (2.0%) $194,875 (12.5%) 0.00 559
    2019-04-01 $139,900 (-2.9%) $192,546 (8.9%) 0.00 570
    2019-05-01 $142,200 (-1.3%) $199,434 (9.6%) 0.00 571
    2019-06-01 $139,900 (-1.1%) $203,082 (10.5%) 0.00 591
    2019-07-01 $139,900 (0.5%) $203,601 (14.1%) 0.00 592
    2019-08-01 $141,823 (5.1%) $207,452 (17.9%) 0.00 586
    2019-09-01 $144,707 (7.3%) $208,943 (18.8%) 0.00 574
    2019-10-01 $146,950 (8.9%) $209,938 (16.9%) 0.00 566
    2019-11-01 $149,000 (10.4%) $212,207 (17.9%) 0.00 543
    2019-12-01 $150,000 (4.0%) $218,611 (14.8%) 0.00 496
    2020-01-01 $139,925 (-3.0%) $211,960 (10.2%) 0.00 469
    2020-02-01 $139,000 (-3.7%) $214,521 (10.1%) 0.00 398
    2020-03-01 $144,950 (1.5%) $224,979 (15.5%) 0.00 400
    2020-04-01 $143,450 (2.5%) $225,846 (17.3%) 0.00 375
    2020-05-01 $145,000 (2.0%) $220,208 (10.4%) 0.00 329
    2020-06-01 $155,700 (11.3%) $227,078 (11.8%) 0.00 321
    2020-07-01 $161,075 (15.1%) $226,786 (11.4%) 0.00 320
    2020-08-01 $159,900 (12.8%) $226,102 (9.0%) 0.00 300
    2020-09-01 $139,675 (-3.5%) $213,566 (2.2%) 0.00 288
    2020-10-01 $141,400 (-3.8%) $209,374 (-0.3%) 0.00 289
    2020-11-01 $139,900 (-6.1%) $208,233 (-1.9%) 0.00 261
    2020-12-01 $145,175 (-3.2%) $215,524 (-1.4%) 0.00 250
    2021-01-01 $139,900 (0.0%) $213,793 (0.9%) 0.00 231
    2021-02-01 $139,450 (0.3%) $211,714 (-1.3%) 0.00 211
    2021-03-01 $132,450 (-8.6%) $198,056 (-12.0%) 0.00 178
    2021-04-01 $140,900 (-1.8%) $211,528 (-6.3%) 0.00 160
    2021-05-01 $149,450 (3.1%) $212,561 (-3.5%) 0.00 159
    2021-06-01 $136,225 (-12.5%) $240,066 (5.7%) 0.00 164
    2021-07-01 $139,900 (-13.2%) $256,508 (13.1%) 0.00 164
    2021-08-01 $149,900 (-6.3%) $258,878 (14.5%) 0.00 159
    2021-09-01 $129,450 (-7.3%) $233,801 (9.5%) 0.00 157
    2021-10-01 $138,900 (-1.8%) $226,388 (8.1%) 0.00 155
    2021-11-01 $139,900 (0.0%) $255,260 (22.6%) 0.00 156
    2021-12-01 $122,500 (-15.6%) $202,381 (-6.1%) 0.00 146
    2022-01-01 $125,000 (-10.7%) $209,838 (-1.9%) 0.00 133
    2022-02-01 $135,646 (-2.7%) $208,372 (-1.6%) 0.00 128
    2022-03-01 $129,950 (-1.9%) $249,714 (26.1%) 0.00 149
    2022-04-01 $129,900 (-7.8%) $222,637 (5.3%) 0.00 153
    2022-05-01 $138,650 (-7.2%) $226,500 (6.6%) 0.00 158
    2022-06-01 $139,925 (2.7%) $228,975 (-4.6%) 0.00 169
    2022-07-01 $159,000 (13.7%) $246,545 (-3.9%) 0.00 175
    2022-08-01 $174,725 (16.6%) $244,574 (-5.5%) 0.00 169
    2022-09-01 $184,500 (42.5%) $235,737 (0.8%) 0.00 176
    2022-10-01 $214,900 (54.7%) $250,850 (10.8%) 0.00 172
    2022-11-01 $203,450 (45.4%) $259,752 (1.8%) 0.00 171
    2022-12-01 $200,000 (63.3%) $261,998 (29.5%) 0.00 171
    2023-01-01 $219,950 (76.0%) $265,471 (26.5%) 0.00 144
    2023-02-01 $220,888 (62.8%) $263,829 (26.6%) 0.00 144
    2023-03-01 $211,225 (62.5%) $260,380 (4.3%) 0.00 144
    2023-04-01 $218,900 (68.5%) $278,152 (24.9%) 0.00 138
    2023-05-01 $217,475 (56.9%) $285,374 (26.0%) 0.00 141
    2023-06-01 $229,950 (64.3%) $291,931 (27.5%) 0.00 155
    2023-07-01 $244,950 (54.1%) $289,079 (17.3%) 0.00 173
    2023-08-01 $254,000 (45.4%) $298,922 (22.2%) 0.00 176
    2023-09-01 $238,500 (29.3%) $289,994 (23.0%) 0.00 183
    2023-10-01 $230,000 (7.0%) $289,726 (15.5%) 0.00 189
    2023-11-01 $235,750 (15.9%) $307,828 (18.5%) 0.00 189
    2023-12-01 $250,000 (25.0%) $302,644 (15.5%) 0.00 177
    2024-01-01 $269,950 (22.7%) $300,720 (13.3%) 0.00 168
    2024-02-01 $279,750 (26.7%) $300,044 (13.7%) 0.00 172
    2024-03-01 $275,000 (30.2%) $310,302 (19.2%) 0.00 168
    2024-04-01 $254,900 (16.5%) $307,308 (10.5%) 0.00 173
    2024-05-01 $271,950 (25.1%) $314,449 (10.2%) 0.00 182
    2024-06-01 $269,450 (17.2%) $320,062 (9.6%) 0.00 206
    2024-07-01 $266,750 (8.9%) $322,288 (11.5%) 0.00 220
    2024-08-01 $239,950 (-5.5%) $308,622 (3.3%) 0.00 240
    2024-09-01 $254,450 (6.7%) $318,696 (9.9%) 0.00 242
    2024-10-01 $249,900 (8.7%) $328,564 (13.4%) 0.00 251
    2024-11-01 $239,950 (1.8%) $323,117 (5.0%) 0.00 250
    2024-12-01 $249,950 (0.0%) $323,823 (7.0%) 0.00 239
    2025-01-01 $249,950 (-7.4%) $321,115 (6.8%) 0.00 225
    Paducah's median listing price for 2025-01-01 was $249,950, a difference of $-20,000 (-7.4%) versus the prior year and $0 versus the prior month.

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

    Paducah's average listing price for 2025-01-01 was $321,115, a difference of $20,395 (6.8%) versus the prior year and $-2,708 versus the prior month.

    For the 2025-01-01 period, Paducah had 225 MLS listings, a difference of -14 listings (-6%) versus the prior month and 57 listings (34%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Paducah (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,770 sqft
    2018-02-01 0 days 1,710 sqft
    2018-03-01 0 days 1,777 sqft
    2018-04-01 0 days 1,793 sqft
    2018-05-01 0 days 1,798 sqft
    2018-06-01 0 days 1,800 sqft
    2018-07-01 0 days 1,799 sqft
    2018-08-01 0 days 1,795 sqft
    2018-09-01 0 days 1,776 sqft
    2018-10-01 0 days 1,753 sqft
    2018-11-01 0 days 1,755 sqft
    2018-12-01 0 days 1,823 sqft
    2019-01-01 0 days 1,824 sqft
    2019-02-01 0 days 1,794 sqft
    2019-03-01 0 days 1,776 sqft
    2019-04-01 0 days 1,733 sqft
    2019-05-01 0 days 1,721 sqft
    2019-06-01 0 days 1,736 sqft
    2019-07-01 0 days 1,713 sqft
    2019-08-01 0 days 1,748 sqft
    2019-09-01 0 days 1,775 sqft
    2019-10-01 0 days 1,798 sqft
    2019-11-01 0 days 1,800 sqft
    2019-12-01 0 days 1,899 sqft
    2020-01-01 0 days 1,766 sqft
    2020-02-01 0 days 1,733 sqft
    2020-03-01 0 days 1,803 sqft
    2020-04-01 0 days 1,812 sqft
    2020-05-01 0 days 1,832 sqft
    2020-06-01 0 days 1,836 sqft
    2020-07-01 0 days 1,872 sqft
    2020-08-01 0 days 1,793 sqft
    2020-09-01 0 days 1,700 sqft
    2020-10-01 0 days 1,696 sqft
    2020-11-01 0 days 1,696 sqft
    2020-12-01 0 days 1,735 sqft
    2021-01-01 0 days 1,787 sqft
    2021-02-01 0 days 1,742 sqft
    2021-03-01 0 days 1,685 sqft
    2021-04-01 0 days 1,763 sqft
    2021-05-01 0 days 1,696 sqft
    2021-06-01 0 days 1,608 sqft
    2021-07-01 0 days 1,696 sqft
    2021-08-01 0 days 1,782 sqft
    2021-09-01 0 days 1,633 sqft
    2021-10-01 0 days 1,603 sqft
    2021-11-01 0 days 1,556 sqft
    2021-12-01 0 days 1,452 sqft
    2022-01-01 0 days 1,500 sqft
    2022-02-01 0 days 1,372 sqft
    2022-03-01 0 days 1,404 sqft
    2022-04-01 0 days 1,480 sqft
    2022-05-01 0 days 1,458 sqft
    2022-06-01 0 days 1,488 sqft
    2022-07-01 0 days 1,580 sqft
    2022-08-01 0 days 1,581 sqft
    2022-09-01 0 days 1,596 sqft
    2022-10-01 0 days 1,719 sqft
    2022-11-01 0 days 1,748 sqft
    2022-12-01 0 days 1,795 sqft
    2023-01-01 0 days 1,821 sqft
    2023-02-01 0 days 1,740 sqft
    2023-03-01 0 days 1,769 sqft
    2023-04-01 0 days 1,728 sqft
    2023-05-01 0 days 1,730 sqft
    2023-06-01 0 days 1,771 sqft
    2023-07-01 0 days 1,812 sqft
    2023-08-01 0 days 1,863 sqft
    2023-09-01 0 days 1,835 sqft
    2023-10-01 0 days 1,837 sqft
    2023-11-01 0 days 1,912 sqft
    2023-12-01 0 days 1,873 sqft
    2024-01-01 0 days 1,953 sqft
    2024-02-01 0 days 1,934 sqft
    2024-03-01 0 days 1,974 sqft
    2024-04-01 0 days 1,808 sqft
    2024-05-01 0 days 1,982 sqft
    2024-06-01 0 days 1,920 sqft
    2024-07-01 0 days 1,981 sqft
    2024-08-01 0 days 1,900 sqft
    2024-09-01 0 days 1,978 sqft
    2024-10-01 0 days 1,912 sqft
    2024-11-01 0 days 1,805 sqft
    2024-12-01 0 days 1,849 sqft
    2025-01-01 0 days 1,845 sqft
    Paducah's median listing age (time on market) for 2025-01-01 was 0 days.

    Paducah's median square footage for active listings during the 2025-01-01 period was 1,845 sqft. One year prior, the average listing was 1,953 sqft.