Pinehurst USDA Loan Rates, Closing Costs & Stats

Pinehurst-Southern Pines, NC

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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.

    Pinehurst's 5 lenders originated 8 USDA loans during 2023. The total origination value was $1,780,000, with an average USDA loan value of $222,500.

    Pinehurst USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Pinehurst averaged 5.93% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    Pinehurst's average USDA mortgage closing costs are $5,376.

    The average rate for the prior week (2024-12-06) was 5.76% and one month ago for the week of 2024-11-08, the average rate was 6.08%.

    The average rate one year ago was 6.45%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.2%.

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

    Pinehurst 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 Pinehurst level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    DHI MORTGAGE COMPANY, LTD. 4 5.19% $4,711
    CARDINAL FINANCIAL 1 5.25% $7,967
    CORNERSTONE HOME LENDING, INC. 1 6.75% $5,406
    First Bank 1 5.63% $5,315
    UNITED WHOLESALE MORTGAGE, LLC 1 5.13% $15,562

    The top Pinehurst USDA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 4 USDA loans originated. Their average total fees are $4,711, which is $3,256 lower than the next largest lender, CARDINAL FINANCIAL.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Pinehurst (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 $299,900 (1.3%) $379,508 (4.2%) 0.00 837
    2018-02-01 $301,137 (2.5%) $384,663 (4.8%) 0.00 832
    2018-03-01 $309,950 (3.8%) $389,808 (6.1%) 0.00 843
    2018-04-01 $308,719 (3.1%) $391,013 (6.4%) 0.00 872
    2018-05-01 $300,000 (0.0%) $387,286 (4.9%) 0.00 899
    2018-06-01 $300,000 (0.3%) $391,773 (6.8%) 0.00 884
    2018-07-01 $307,541 (2.9%) $393,962 (7.6%) 0.00 830
    2018-08-01 $305,500 (1.9%) $391,360 (6.2%) 0.00 821
    2018-09-01 $306,815 (2.3%) $386,721 (3.8%) 0.00 808
    2018-10-01 $309,168 (3.1%) $387,944 (5.0%) 0.00 785
    2018-11-01 $306,816 (2.3%) $385,798 (2.4%) 0.00 769
    2018-12-01 $304,950 (1.7%) $386,789 (2.3%) 0.00 761
    2019-01-01 $307,000 (2.4%) $390,857 (3.0%) 0.00 716
    2019-02-01 $312,500 (3.8%) $396,296 (3.0%) 0.00 738
    2019-03-01 $318,416 (2.7%) $412,745 (5.9%) 0.00 717
    2019-04-01 $323,985 (5.0%) $427,694 (9.4%) 0.00 713
    2019-05-01 $336,250 (12.1%) $431,560 (11.4%) 0.00 713
    2019-06-01 $333,860 (11.3%) $424,199 (8.3%) 0.00 715
    2019-07-01 $334,360 (8.7%) $428,895 (8.9%) 0.00 679
    2019-08-01 $332,678 (8.9%) $428,178 (9.4%) 0.00 675
    2019-09-01 $331,115 (7.9%) $426,861 (10.4%) 0.00 671
    2019-10-01 $329,950 (6.7%) $426,222 (9.9%) 0.00 667
    2019-11-01 $329,900 (7.5%) $433,028 (12.2%) 0.00 623
    2019-12-01 $331,865 (8.8%) $440,174 (13.8%) 0.00 588
    2020-01-01 $333,595 (8.7%) $436,886 (11.8%) 0.00 561
    2020-02-01 $339,210 (8.6%) $430,001 (8.5%) 0.00 548
    2020-03-01 $339,675 (6.7%) $428,234 (3.8%) 0.00 575
    2020-04-01 $337,179 (4.1%) $414,272 (-3.1%) 0.00 589
    2020-05-01 $339,450 (1.0%) $417,576 (-3.2%) 0.00 528
    2020-06-01 $335,750 (0.6%) $424,898 (0.2%) 0.00 468
    2020-07-01 $330,000 (-1.3%) $424,895 (-0.9%) 0.00 414
    2020-08-01 $331,237 (-0.4%) $440,858 (3.0%) 0.00 391
    2020-09-01 $347,225 (4.9%) $446,312 (4.6%) 0.00 362
    2020-10-01 $346,534 (5.0%) $446,540 (4.8%) 0.00 322
    2020-11-01 $352,625 (6.9%) $443,957 (2.5%) 0.00 298
    2020-12-01 $350,000 (5.5%) $461,338 (4.8%) 0.00 273
    2021-01-01 $365,000 (9.4%) $494,942 (13.3%) 0.00 206
    2021-02-01 $365,893 (7.9%) $499,326 (16.1%) 0.00 174
    2021-03-01 $358,200 (5.5%) $480,815 (12.3%) 0.00 236
    2021-04-01 $364,750 (8.2%) $479,781 (15.8%) 0.00 270
    2021-05-01 $366,915 (8.1%) $527,880 (26.4%) 0.00 139
    2021-06-01 $372,475 (10.9%) $504,552 (18.8%) 0.00 152
    2021-07-01 $377,000 (14.2%) $529,372 (24.6%) 0.00 155
    2021-08-01 $382,796 (15.6%) $508,731 (15.4%) 0.00 183
    2021-09-01 $385,000 (10.9%) $485,188 (8.7%) 0.00 181
    2021-10-01 $390,000 (12.5%) $516,229 (15.6%) 0.00 189
    2021-11-01 $399,000 (13.2%) $590,779 (33.1%) 0.00 193
    2021-12-01 $399,000 (14.0%) $587,025 (27.2%) 0.00 156
    2022-01-01 $399,000 (9.3%) $605,545 (22.4%) 0.00 144
    2022-02-01 $432,313 (18.2%) $656,980 (31.6%) 0.00 100
    2022-03-01 $465,375 (29.9%) $623,057 (29.6%) 0.00 104
    2022-04-01 $452,500 (24.1%) $616,449 (28.5%) 0.00 134
    2022-05-01 $449,975 (22.6%) $573,836 (8.7%) 0.00 176
    2022-06-01 $450,000 (20.8%) $619,007 (22.7%) 0.00 217
    2022-07-01 $461,720 (22.5%) $616,908 (16.5%) 0.00 246
    2022-08-01 $449,950 (17.5%) $598,264 (17.6%) 0.00 279
    2022-09-01 $462,450 (20.1%) $589,998 (21.6%) 0.00 311
    2022-10-01 $465,000 (19.2%) $592,861 (14.8%) 0.00 342
    2022-11-01 $455,795 (14.2%) $584,403 (-1.1%) 0.00 347
    2022-12-01 $459,000 (15.0%) $575,941 (-1.9%) 0.00 333
    2023-01-01 $456,285 (14.4%) $564,532 (-6.8%) 0.00 300
    2023-02-01 $453,570 (4.9%) $562,503 (-14.4%) 0.00 255
    2023-03-01 $466,225 (0.2%) $553,962 (-11.1%) 0.00 236
    2023-04-01 $480,000 (6.1%) $573,825 (-6.9%) 0.00 230
    2023-05-01 $487,125 (8.3%) $571,268 (-0.5%) 0.00 249
    2023-06-01 $480,000 (6.7%) $568,730 (-8.1%) 0.00 290
    2023-07-01 $482,900 (4.6%) $591,123 (-4.2%) 0.00 307
    2023-08-01 $484,450 (7.7%) $597,356 (-0.2%) 0.00 322
    2023-09-01 $471,400 (1.9%) $583,795 (-1.1%) 0.00 363
    2023-10-01 $455,000 (-2.2%) $561,459 (-5.3%) 0.00 381
    2023-11-01 $463,475 (1.7%) $582,491 (-0.3%) 0.00 402
    2023-12-01 $463,521 (1.0%) $588,526 (2.2%) 0.00 407
    2024-01-01 $468,925 (2.8%) $583,747 (3.4%) 0.00 390
    2024-02-01 $463,225 (2.1%) $596,240 (6.0%) 0.00 358
    2024-03-01 $455,000 (-2.4%) $602,148 (8.7%) 0.00 358
    2024-04-01 $462,500 (-3.7%) $607,824 (5.9%) 0.00 395
    2024-05-01 $474,999 (-2.5%) $635,643 (11.3%) 0.00 436
    2024-06-01 $479,900 (0.0%) $652,647 (14.8%) 0.00 506
    2024-07-01 $475,000 (-1.6%) $620,452 (5.0%) 0.00 504
    2024-08-01 $461,450 (-4.8%) $596,194 (-0.2%) 0.00 546
    2024-09-01 $455,000 (-3.5%) $609,609 (4.4%) 0.00 552
    2024-10-01 $450,500 (-1.0%) $600,218 (6.9%) 0.00 548
    2024-11-01 $454,990 (-1.8%) $596,744 (2.5%) 0.00 546
    Pinehurst's median listing price for 2024-11-01 was $454,990, a difference of $-8,485 (-1.8%) versus the prior year and $4,490 versus the prior month.

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

    Pinehurst's average listing price for 2024-11-01 was $596,744, a difference of $14,253 (2.5%) versus the prior year and $-3,474 versus the prior month.

    For the 2024-11-01 period, Pinehurst had 546 MLS listings, a difference of -2 listings (0%) versus the prior month and 144 listings (36%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Pinehurst (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,500 sqft
    2018-02-01 0 days 2,500 sqft
    2018-03-01 0 days 2,500 sqft
    2018-04-01 0 days 2,500 sqft
    2018-05-01 0 days 2,500 sqft
    2018-06-01 0 days 2,500 sqft
    2018-07-01 0 days 2,512 sqft
    2018-08-01 0 days 2,500 sqft
    2018-09-01 0 days 2,500 sqft
    2018-10-01 0 days 2,500 sqft
    2018-11-01 0 days 2,500 sqft
    2018-12-01 0 days 2,500 sqft
    2019-01-01 0 days 2,500 sqft
    2019-02-01 0 days 2,448 sqft
    2019-03-01 0 days 2,478 sqft
    2019-04-01 0 days 2,540 sqft
    2019-05-01 0 days 2,562 sqft
    2019-06-01 0 days 2,545 sqft
    2019-07-01 0 days 2,556 sqft
    2019-08-01 0 days 2,551 sqft
    2019-09-01 0 days 2,550 sqft
    2019-10-01 0 days 2,549 sqft
    2019-11-01 0 days 2,510 sqft
    2019-12-01 0 days 2,551 sqft
    2020-01-01 0 days 2,521 sqft
    2020-02-01 0 days 2,514 sqft
    2020-03-01 0 days 2,516 sqft
    2020-04-01 0 days 2,500 sqft
    2020-05-01 0 days 2,500 sqft
    2020-06-01 0 days 2,512 sqft
    2020-07-01 0 days 2,492 sqft
    2020-08-01 0 days 2,500 sqft
    2020-09-01 0 days 2,544 sqft
    2020-10-01 0 days 2,550 sqft
    2020-11-01 0 days 2,536 sqft
    2020-12-01 0 days 2,518 sqft
    2021-01-01 0 days 2,512 sqft
    2021-02-01 0 days 2,389 sqft
    2021-03-01 0 days 2,345 sqft
    2021-04-01 0 days 2,343 sqft
    2021-05-01 0 days 2,262 sqft
    2021-06-01 0 days 2,298 sqft
    2021-07-01 0 days 2,254 sqft
    2021-08-01 0 days 2,312 sqft
    2021-09-01 0 days 2,281 sqft
    2021-10-01 0 days 2,288 sqft
    2021-11-01 0 days 2,369 sqft
    2021-12-01 0 days 2,357 sqft
    2022-01-01 0 days 2,367 sqft
    2022-02-01 0 days 2,344 sqft
    2022-03-01 0 days 2,463 sqft
    2022-04-01 0 days 2,445 sqft
    2022-05-01 0 days 2,427 sqft
    2022-06-01 0 days 2,415 sqft
    2022-07-01 0 days 2,500 sqft
    2022-08-01 0 days 2,453 sqft
    2022-09-01 0 days 2,491 sqft
    2022-10-01 0 days 2,497 sqft
    2022-11-01 0 days 2,474 sqft
    2022-12-01 0 days 2,455 sqft
    2023-01-01 0 days 2,444 sqft
    2023-02-01 0 days 2,416 sqft
    2023-03-01 0 days 2,429 sqft
    2023-04-01 0 days 2,468 sqft
    2023-05-01 0 days 2,383 sqft
    2023-06-01 0 days 2,355 sqft
    2023-07-01 0 days 2,375 sqft
    2023-08-01 0 days 2,331 sqft
    2023-09-01 0 days 2,283 sqft
    2023-10-01 0 days 2,209 sqft
    2023-11-01 0 days 2,253 sqft
    2023-12-01 0 days 2,292 sqft
    2024-01-01 0 days 2,299 sqft
    2024-02-01 0 days 2,304 sqft
    2024-03-01 0 days 2,351 sqft
    2024-04-01 0 days 2,363 sqft
    2024-05-01 0 days 2,370 sqft
    2024-06-01 0 days 2,380 sqft
    2024-07-01 0 days 2,361 sqft
    2024-08-01 0 days 2,324 sqft
    2024-09-01 0 days 2,309 sqft
    2024-10-01 0 days 2,308 sqft
    2024-11-01 0 days 2,308 sqft
    Pinehurst's median listing age (time on market) for 2024-11-01 was 0 days.

    Pinehurst's median square footage for active listings during the 2024-11-01 period was 2,308 sqft. One year prior, the average listing was 2,253 sqft.