Pittsburgh USDA Loan Rates, Closing Costs & Stats

PITTSBURGH, PA

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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.

    Pittsburgh's 50 lenders originated 296 USDA loans during 2024. The total origination value was $44,250,000, with an average USDA loan value of $149,493.

    Pittsburgh USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Pittsburgh averaged 6.85% for the week of 2025-05-09, compared to the national average (all USDA variants) of 6.468% for the same period.

    Pittsburgh's average USDA mortgage closing costs are $5,360.

    The average rate for the prior week (2025-05-02) was 6.58% and one month ago for the week of 2025-04-04, the average rate was 6.59%.

    The average rate one year ago was 7.16%.

    For refis of the same type during the week of 2025-05-09, the average rate was 6.65%.

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

    Pittsburgh 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 Pittsburgh level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    PLAZA HOME MORTGAGE, INC. 39 6.47% $8,327
    EQUITY RESOURCES, INC. 24 6.25% $5,799
    MOVEMENT MORTGAGE, LLC 20 6.53% $7,674
    RELIANCE FIRST CAPITAL, LLC 18 6.37% $4,412
    UNION HOME MORTGAGE CORP. 16 6.63% $7,236
    STOCKTON MORTGAGE CORPORATION 15 6.43% $6,393
    UNITED WHOLESALE MORTGAGE, LLC 13 6.34% $7,437
    Paramount Residential Mortgage Group, Inc. 9 6.72% $6,215
    Flagstar Bank, FSB 8 6.72% $5,376
    TOWNE MORTGAGE COMPANY 7 6.52% $6,631
    HOWARD HANNA FINANCIAL SERVICES, INC. 7 6.16% $6,160
    SOMERSET TRUST COMPANY 6 5.79% $5,427
    TOTAL MORTGAGE SERVICES, LLC 6 7.00% $6,524
    SWBC MORTGAGE CORPORATION 6 6.42% $6,257
    WEST PENN FINANCIAL SERVICE CENTER, INC. 6 6.15% $6,132
    CROSSCOUNTRY MORTGAGE, LLC 5 6.55% $6,871
    Sail Mortgage Corp. 5 6.48% $6,721
    First Commonwealth Bank 5 6.63% $6,184
    Union Savings Bank 5 5.83% $5,818
    NORWICH COMMERCIAL GROUP, INC. 4 7.13% $7,310
    The Loan Store, Inc. 4 6.19% $9,569
    Victorian Finance, LLC 4 6.65% $5,876
    Equity Prime Mortgage LLC 3 5.92% $5,981
    EVANSVILLE TEACHERS 3 6.21% $5,380
    NEWREZ LLC 3 6.42% $6,613
    PLANET HOME LENDING, LLC 3 6.91% $6,635
    AFFORDABLE MORTGAGE ADVISORS, LLC. 3 6.75% $6,367
    JMAC LENDING, INC. 2 6.25% $5,295
    FEDERATED MORTGAGE CORP. 2 6.81% $6,967
    MEMBER ADVANTAGE MORTGAGE, LLC 2 6.19% $6,763
    FIRST COMMUNITY MORTGAGE, INC. 2 6.56% $5,926
    DEVELOPER'S MORTGAGE COMPANY 2 6.38% $4,728
    MICHIGAN MUTUAL, INC. 2 6.75% $6,835
    Residential Acceptance Corporation 1 6.50% $3,913
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.99% $7,319
    HOMESTEAD FUNDING CORP. 1 6.00% $1,736
    The Huntington National Bank 1 7.50% $5,775
    FIRST HERITAGE FINANCIAL, LLC 1 6.49% $4,695
    TIDEWATER MORTGAGE SERVICES, INC. 1 6.63% $5,825
    AMERICAN FINANCIAL NETWORK, INC. 1 6.25% $4,766
    FIRST COLONY MORTGAGE CORPORATION 1 6.75% $5,704
    ALLIED MORTGAGE GROUP, INC. 1 6.50% $8,025
    Mortgage Research Center, LLC 1 6.50% $1,982
    Carrington Mortgage Services, LLC 1 5.50% $5,727
    Univest Bank and Trust Co. 1 5.63% $5,936
    BROKER SOLUTIONS, INC. 1 6.13% $7,527
    Plains Commerce Bank 1 6.50% $7,329
    Bank of England 1 6.50% $6,080
    PNC Bank 1 6.63% $4,706
    ASSOCIATED MORTGAGE BANKERS, INC. 1 6.75% $13,779

    The top Pittsburgh USDA lender as defined by loan originations is PLAZA HOME MORTGAGE, INC., with 39 USDA loans originated. Their average total fees are $8,327, which is $2,528 higher than the next largest lender, EQUITY RESOURCES, INC..

    The lowest fee Pittsburgh USDA lenders (with over 10 loans originated) are RELIANCE FIRST CAPITAL, LLC ($4,412), EQUITY RESOURCES, INC. ($5,799), STOCKTON MORTGAGE CORPORATION ($6,393), UNION HOME MORTGAGE CORP. ($7,236) and UNITED WHOLESALE MORTGAGE, LLC ($7,437).

    The lowest rate Pittsburgh USDA lenders (with over 10 loans originated) are EQUITY RESOURCES, INC. (6.25%), UNITED WHOLESALE MORTGAGE, LLC (6.34%), RELIANCE FIRST CAPITAL, LLC (6.37%), STOCKTON MORTGAGE CORPORATION (6.43%) and PLAZA HOME MORTGAGE, INC. (6.47%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Pittsburgh (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 $164,900 (10.0%) $253,086 (6.7%) 0.61 8,085
    2018-02-01 $164,950 (10.0%) $257,747 (6.3%) 0.60 7,591
    2018-03-01 $170,000 (7.4%) $270,131 (6.9%) 0.60 7,364
    2018-04-01 $177,763 (9.4%) $276,303 (7.0%) 0.60 7,399
    2018-05-01 $179,900 (6.9%) $279,875 (6.9%) 0.60 7,652
    2018-06-01 $179,500 (5.7%) $274,570 (4.8%) 0.60 8,006
    2018-07-01 $179,075 (4.2%) $273,546 (3.8%) 0.60 8,274
    2018-08-01 $177,450 (4.4%) $270,314 (3.9%) 0.59 8,458
    2018-09-01 $175,000 (3.0%) $267,857 (3.8%) 0.59 8,542
    2018-10-01 $174,900 (2.9%) $265,036 (4.0%) 0.59 8,659
    2018-11-01 $169,900 (0.0%) $262,671 (2.3%) 0.58 8,425
    2018-12-01 $165,000 (0.0%) $264,090 (4.4%) 0.57 7,868
    2019-01-01 $164,900 (0.0%) $263,870 (4.3%) 0.57 7,442
    2019-02-01 $167,000 (1.2%) $269,145 (4.4%) 0.56 6,994
    2019-03-01 $175,912 (3.5%) $279,980 (3.7%) 0.58 6,808
    2019-04-01 $182,926 (2.9%) $287,081 (3.9%) 0.58 6,806
    2019-05-01 $187,700 (4.3%) $292,170 (4.4%) 0.59 6,950
    2019-06-01 $194,900 (8.6%) $294,499 (7.3%) 0.61 7,310
    2019-07-01 $195,725 (9.3%) $292,397 (6.9%) 0.61 7,593
    2019-08-01 $193,636 (9.1%) $290,502 (7.5%) 0.61 7,667
    2019-09-01 $191,591 (9.5%) $289,005 (7.9%) 0.61 7,792
    2019-10-01 $190,000 (8.6%) $288,931 (9.0%) 0.61 7,876
    2019-11-01 $189,900 (11.8%) $291,081 (10.8%) 0.62 7,549
    2019-12-01 $184,400 (11.8%) $287,407 (8.8%) 0.61 6,985
    2020-01-01 $187,500 (13.7%) $294,570 (11.6%) 0.63 6,531
    2020-02-01 $195,875 (17.3%) $307,955 (14.4%) 0.64 6,052
    2020-03-01 $206,450 (17.4%) $317,205 (13.3%) 0.65 5,801
    2020-04-01 $209,350 (14.5%) $315,374 (9.9%) 0.66 5,658
    2020-05-01 $215,000 (14.5%) $318,045 (8.9%) 0.65 5,808
    2020-06-01 $237,400 (21.8%) $339,385 (15.2%) 0.70 5,542
    2020-07-01 $239,950 (22.6%) $348,076 (19.0%) 0.70 5,252
    2020-08-01 $239,900 (23.9%) $345,665 (19.0%) 0.69 5,153
    2020-09-01 $237,625 (24.0%) $347,324 (20.2%) 0.68 5,110
    2020-10-01 $234,900 (23.6%) $346,859 (20.1%) 0.67 4,988
    2020-11-01 $230,000 (21.1%) $344,955 (18.5%) 0.67 4,616
    2020-12-01 $228,450 (23.9%) $347,861 (21.0%) 0.68 4,146
    2021-01-01 $229,900 (22.6%) $357,764 (21.5%) 0.69 3,586
    2021-02-01 $239,900 (22.5%) $380,703 (23.6%) 0.70 2,954
    2021-03-01 $249,000 (20.6%) $396,728 (25.1%) 0.71 2,812
    2021-04-01 $250,000 (19.4%) $402,935 (27.8%) 0.68 2,909
    2021-05-01 $259,900 (20.9%) $401,434 (26.2%) 0.69 3,070
    2021-06-01 $252,500 (6.4%) $387,612 (14.2%) 0.66 3,500
    2021-07-01 $239,900 (0.0%) $363,011 (4.3%) 0.63 4,068
    2021-08-01 $225,450 (-6.0%) $340,785 (-1.4%) 0.60 4,373
    2021-09-01 $224,950 (-5.3%) $335,307 (-3.5%) 0.60 4,494
    2021-10-01 $223,900 (-4.7%) $335,536 (-3.3%) 0.60 4,415
    2021-11-01 $215,000 (-6.5%) $332,547 (-3.6%) 0.57 4,122
    2021-12-01 $204,950 (-10.3%) $329,682 (-5.2%) 0.56 3,647
    2022-01-01 $200,000 (-13.0%) $337,393 (-5.7%) 0.54 3,133
    2022-02-01 $210,000 (-12.5%) $355,820 (-6.5%) 0.55 2,675
    2022-03-01 $217,450 (-12.7%) $364,371 (-8.2%) 0.54 2,586
    2022-04-01 $224,900 (-10.0%) $365,992 (-9.2%) 0.54 2,716
    2022-05-01 $237,000 (-8.8%) $364,385 (-9.2%) 0.54 3,240
    2022-06-01 $239,175 (-5.3%) $359,266 (-7.3%) 0.53 3,672
    2022-07-01 $235,000 (-2.0%) $353,973 (-2.5%) 0.53 4,213
    2022-08-01 $229,900 (2.0%) $343,521 (0.8%) 0.53 4,469
    2022-09-01 $220,000 (-2.2%) $331,452 (-1.2%) 0.51 4,611
    2022-10-01 $215,000 (-4.0%) $321,944 (-4.1%) 0.51 4,799
    2022-11-01 $214,950 (0.0%) $321,432 (-3.3%) 0.52 4,741
    2022-12-01 $200,000 (-2.4%) $321,326 (-2.5%) 0.49 4,391
    2023-01-01 $199,450 (-0.3%) $323,510 (-4.1%) 0.49 3,889
    2023-02-01 $199,900 (-4.8%) $331,540 (-6.8%) 0.48 3,460
    2023-03-01 $210,000 (-3.4%) $341,356 (-6.3%) 0.50 3,303
    2023-04-01 $224,900 (0.0%) $355,027 (-3.0%) 0.52 3,418
    2023-05-01 $230,000 (-3.0%) $363,330 (-0.3%) 0.52 3,380
    2023-06-01 $235,000 (-1.8%) $378,302 (5.3%) 0.53 3,649
    2023-07-01 $242,950 (3.4%) $376,687 (6.4%) 0.55 3,827
    2023-08-01 $246,850 (7.4%) $388,181 (13.0%) 0.57 3,989
    2023-09-01 $239,900 (9.1%) $383,782 (15.8%) 0.56 4,235
    2023-10-01 $239,900 (11.6%) $379,839 (18.0%) 0.56 4,535
    2023-11-01 $235,000 (9.3%) $376,261 (17.1%) 0.56 4,617
    2023-12-01 $230,000 (15.0%) $379,936 (18.2%) 0.56 4,348
    2024-01-01 $229,900 (15.3%) $378,304 (16.9%) 0.56 4,018
    2024-02-01 $227,000 (13.6%) $385,693 (16.3%) 0.55 3,683
    2024-03-01 $234,750 (11.8%) $399,327 (17.0%) 0.55 3,649
    2024-04-01 $242,500 (7.8%) $404,626 (14.0%) 0.56 3,633
    2024-05-01 $257,450 (11.9%) $406,720 (11.9%) 0.59 3,857
    2024-06-01 $255,000 (8.5%) $396,399 (4.8%) 0.58 4,118
    2024-07-01 $250,000 (2.9%) $379,249 (0.7%) 0.57 4,595
    2024-08-01 $239,900 (-2.8%) $361,107 (-7.0%) 0.56 4,930
    2024-09-01 $239,900 (0.0%) $357,436 (-6.9%) 0.56 5,156
    2024-10-01 $239,900 (0.0%) $355,577 (-6.4%) 0.56 5,412
    2024-11-01 $235,000 (0.0%) $342,040 (-9.1%) 0.56 5,472
    2024-12-01 $229,925 (0.0%) $340,091 (-10.5%) 0.57 5,019
    2025-01-01 $229,700 (-0.1%) $340,635 (-10.0%) 0.57 4,575
    2025-02-01 $229,000 (0.9%) $351,208 (-8.9%) 0.56 4,188
    2025-03-01 $239,000 (1.8%) $362,666 (-9.2%) 0.56 4,043
    2025-04-01 $243,724 (0.5%) $367,791 (-9.1%) 0.57 4,244
    Pittsburgh's median listing price for 2025-04-01 was $243,724, a difference of $1,224 (0.5%) versus the prior year and $4,724 versus the prior month.

    Pittsburgh's median listing price comes in at 57% of the national average.

    Pittsburgh's average listing price for 2025-04-01 was $367,791, a difference of $-36,835 (-9.1%) versus the prior year and $5,125 versus the prior month.

    For the 2025-04-01 period, Pittsburgh had 4,244 MLS listings, a difference of 201 listings (5%) versus the prior month and 611 listings (17%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Pittsburgh (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 109 days 1,656 sqft
    2018-02-01 111 days 1,668 sqft
    2018-03-01 100 days 1,684 sqft
    2018-04-01 72 days 1,723 sqft
    2018-05-01 63 days 1,727 sqft
    2018-06-01 58 days 1,710 sqft
    2018-07-01 60 days 1,692 sqft
    2018-08-01 64 days 1,680 sqft
    2018-09-01 70 days 1,680 sqft
    2018-10-01 74 days 1,663 sqft
    2018-11-01 79 days 1,653 sqft
    2018-12-01 89 days 1,632 sqft
    2019-01-01 103 days 1,622 sqft
    2019-02-01 106 days 1,632 sqft
    2019-03-01 90 days 1,660 sqft
    2019-04-01 68 days 1,665 sqft
    2019-05-01 59 days 1,686 sqft
    2019-06-01 59 days 1,700 sqft
    2019-07-01 60 days 1,705 sqft
    2019-08-01 62 days 1,697 sqft
    2019-09-01 66 days 1,689 sqft
    2019-10-01 68 days 1,681 sqft
    2019-11-01 76 days 1,664 sqft
    2019-12-01 88 days 1,639 sqft
    2020-01-01 99 days 1,656 sqft
    2020-02-01 98 days 1,686 sqft
    2020-03-01 76 days 1,702 sqft
    2020-04-01 84 days 1,713 sqft
    2020-05-01 88 days 1,742 sqft
    2020-06-01 86 days 1,779 sqft
    2020-07-01 54 days 1,774 sqft
    2020-08-01 54 days 1,758 sqft
    2020-09-01 54 days 1,729 sqft
    2020-10-01 57 days 1,693 sqft
    2020-11-01 65 days 1,664 sqft
    2020-12-01 75 days 1,664 sqft
    2021-01-01 89 days 1,657 sqft
    2021-02-01 89 days 1,669 sqft
    2021-03-01 65 days 1,691 sqft
    2021-04-01 45 days 1,699 sqft
    2021-05-01 45 days 1,700 sqft
    2021-06-01 41 days 1,687 sqft
    2021-07-01 39 days 1,632 sqft
    2021-08-01 41 days 1,600 sqft
    2021-09-01 46 days 1,598 sqft
    2021-10-01 50 days 1,584 sqft
    2021-11-01 55 days 1,566 sqft
    2021-12-01 65 days 1,552 sqft
    2022-01-01 78 days 1,560 sqft
    2022-02-01 79 days 1,610 sqft
    2022-03-01 57 days 1,608 sqft
    2022-04-01 39 days 1,620 sqft
    2022-05-01 37 days 1,619 sqft
    2022-06-01 37 days 1,615 sqft
    2022-07-01 39 days 1,615 sqft
    2022-08-01 44 days 1,608 sqft
    2022-09-01 51 days 1,586 sqft
    2022-10-01 54 days 1,569 sqft
    2022-11-01 60 days 1,565 sqft
    2022-12-01 72 days 1,547 sqft
    2023-01-01 86 days 1,538 sqft
    2023-02-01 90 days 1,544 sqft
    2023-03-01 65 days 1,573 sqft
    2023-04-01 47 days 1,600 sqft
    2023-05-01 46 days 1,611 sqft
    2023-06-01 48 days 1,630 sqft
    2023-07-01 48 days 1,633 sqft
    2023-08-01 49 days 1,651 sqft
    2023-09-01 51 days 1,623 sqft
    2023-10-01 51 days 1,604 sqft
    2023-11-01 53 days 1,590 sqft
    2023-12-01 66 days 1,572 sqft
    2024-01-01 79 days 1,571 sqft
    2024-02-01 77 days 1,572 sqft
    2024-03-01 56 days 1,585 sqft
    2024-04-01 51 days 1,605 sqft
    2024-05-01 45 days 1,655 sqft
    2024-06-01 45 days 1,641 sqft
    2024-07-01 46 days 1,600 sqft
    2024-08-01 47 days 1,587 sqft
    2024-09-01 51 days 1,583 sqft
    2024-10-01 52 days 1,558 sqft
    2024-11-01 58 days 1,535 sqft
    2024-12-01 71 days 1,512 sqft
    2025-01-01 84 days 1,510 sqft
    2025-02-01 86 days 1,518 sqft
    2025-03-01 62 days 1,544 sqft
    2025-04-01 47 days 1,574 sqft
    Pittsburgh's median listing age (time on market) for 2025-04-01 was 47 days. This is -9% shorter than the same period one year ago.

    Pittsburgh's median square footage for active listings during the 2025-04-01 period was 1,574 sqft. One year prior, the average listing was 1,605 sqft.