Sebring USDA Loan Rates, Closing Costs & Stats

SEBRING-AVON PARK, FL

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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.

    Sebring's 10 lenders originated 63 USDA loans during 2023. The total origination value was $13,375,000, with an average USDA loan value of $212,302.

    Sebring USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Sebring averaged 6.46% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    Sebring's average USDA mortgage closing costs are $5,732.

    The average rate for the prior week (2024-12-06) was 6.3% and one month ago for the week of 2024-11-08, the average rate was 6.32%.

    The average rate one year ago was 7.08%.

    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.

    Sebring 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 Sebring level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    METROPLEX MORTGAGE SERVICES, INC. 41 6.68% $8,421
    LEADERONE FINANCIAL CORPORATION 7 6.86% $8,328
    UNITED WHOLESALE MORTGAGE, LLC 3 5.75% $12,824
    PLAZA HOME MORTGAGE, INC. 2 6.50% $7,497
    MOVEMENT MORTGAGE, LLC 1 6.75% $8,622
    South State Bank 1 5.99% $6,914
    MID AMERICA MORTGAGE, INC. 1 6.75% $8,172
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.63% $8,690
    Magnolia Bank 1 5.88% $8,463
    ACADEMY MORTGAGE CORPORATION 1 6.38% $11,645

    The top Sebring USDA lender as defined by loan originations is METROPLEX MORTGAGE SERVICES, INC., with 41 USDA loans originated. Their average total fees are $8,421, which is $93 higher than the next largest lender, LEADERONE FINANCIAL CORPORATION.

    The lowest fee Sebring USDA lenders (with over 10 loans originated) are METROPLEX MORTGAGE SERVICES, INC. ($8,421), .

    The lowest rate Sebring USDA lenders (with over 10 loans originated) are METROPLEX MORTGAGE SERVICES, INC. (6.68%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Sebring (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 $174,900 (1.6%) $206,309 (-5.6%) 0.00 550
    2018-02-01 $179,450 (2.6%) $214,871 (-2.8%) 0.00 562
    2018-03-01 $179,000 (2.6%) $217,322 (-1.1%) 0.00 537
    2018-04-01 $175,675 (0.4%) $218,815 (-2.1%) 0.00 533
    2018-05-01 $179,000 (2.3%) $223,195 (-0.4%) 0.00 512
    2018-06-01 $186,500 (4.3%) $231,946 (2.4%) 0.00 497
    2018-07-01 $193,350 (13.8%) $240,071 (8.8%) 0.00 504
    2018-08-01 $188,500 (11.4%) $232,906 (7.9%) 0.00 523
    2018-09-01 $185,000 (5.8%) $222,439 (2.0%) 0.00 564
    2018-10-01 $179,950 (5.2%) $221,921 (2.7%) 0.00 577
    2018-11-01 $184,950 (5.8%) $233,047 (8.8%) 0.00 595
    2018-12-01 $186,000 (9.5%) $238,600 (15.9%) 0.00 660
    2019-01-01 $185,450 (6.0%) $238,202 (15.5%) 0.00 653
    2019-02-01 $184,950 (3.1%) $240,888 (12.1%) 0.00 683
    2019-03-01 $184,943 (3.3%) $237,751 (9.4%) 0.00 670
    2019-04-01 $186,000 (5.9%) $237,401 (8.5%) 0.00 631
    2019-05-01 $185,000 (3.4%) $235,440 (5.5%) 0.00 605
    2019-06-01 $189,000 (1.3%) $233,407 (0.6%) 0.00 535
    2019-07-01 $186,225 (-3.7%) $231,505 (-3.6%) 0.00 521
    2019-08-01 $185,427 (-1.6%) $230,851 (-0.9%) 0.00 526
    2019-09-01 $182,318 (-1.5%) $231,209 (3.9%) 0.00 528
    2019-10-01 $179,900 (0.0%) $231,339 (4.2%) 0.00 538
    2019-11-01 $184,900 (0.0%) $230,672 (-1.0%) 0.00 542
    2019-12-01 $189,900 (2.1%) $239,071 (0.2%) 0.00 543
    2020-01-01 $194,222 (4.7%) $244,578 (2.7%) 0.00 515
    2020-02-01 $191,947 (3.8%) $237,999 (-1.2%) 0.00 536
    2020-03-01 $194,925 (5.4%) $238,920 (0.5%) 0.00 546
    2020-04-01 $185,000 (-0.5%) $229,218 (-3.5%) 0.00 533
    2020-05-01 $185,000 (0.0%) $229,652 (-2.5%) 0.00 471
    2020-06-01 $182,313 (-3.5%) $228,868 (-1.9%) 0.00 431
    2020-07-01 $187,750 (0.8%) $225,263 (-2.7%) 0.00 376
    2020-08-01 $194,900 (5.1%) $234,392 (1.5%) 0.00 340
    2020-09-01 $197,725 (8.5%) $240,907 (4.2%) 0.00 308
    2020-10-01 $185,450 (3.1%) $236,656 (2.3%) 0.00 294
    2020-11-01 $198,250 (7.2%) $242,762 (5.2%) 0.00 286
    2020-12-01 $198,450 (4.5%) $247,079 (3.4%) 0.00 293
    2021-01-01 $195,000 (0.4%) $255,166 (4.3%) 0.00 304
    2021-02-01 $199,900 (4.1%) $255,159 (7.2%) 0.00 288
    2021-03-01 $216,950 (11.3%) $267,155 (11.8%) 0.00 262
    2021-04-01 $208,675 (12.8%) $285,775 (24.7%) 0.00 208
    2021-05-01 $224,950 (21.6%) $296,262 (29.0%) 0.00 197
    2021-06-01 $224,950 (23.4%) $4,352,803 (1,801.9%) 0.00 196
    2021-07-01 $234,900 (25.1%) $3,840,152 (1,604.7%) 0.00 238
    2021-08-01 $249,925 (28.2%) $319,245 (36.2%) 0.00 256
    2021-09-01 $252,450 (27.7%) $319,617 (32.7%) 0.00 246
    2021-10-01 $249,900 (34.8%) $316,764 (33.9%) 0.00 260
    2021-11-01 $269,900 (36.1%) $334,904 (38.0%) 0.00 241
    2021-12-01 $264,950 (33.5%) $339,649 (37.5%) 0.00 233
    2022-01-01 $269,990 (38.5%) $344,225 (34.9%) 0.00 222
    2022-02-01 $276,175 (38.2%) $363,365 (42.4%) 0.00 212
    2022-03-01 $284,950 (31.3%) $391,410 (46.5%) 0.00 210
    2022-04-01 $279,900 (34.1%) $371,756 (30.1%) 0.00 254
    2022-05-01 $287,000 (27.6%) $374,768 (26.5%) 0.00 281
    2022-06-01 $292,159 (29.9%) $363,349 (-91.7%) 0.00 310
    2022-07-01 $289,634 (23.3%) $359,049 (-90.7%) 0.00 366
    2022-08-01 $297,250 (18.9%) $356,682 (11.7%) 0.00 382
    2022-09-01 $298,555 (18.3%) $349,527 (9.4%) 0.00 402
    2022-10-01 $299,000 (19.7%) $360,139 (13.7%) 0.00 391
    2022-11-01 $291,220 (7.9%) $360,931 (7.8%) 0.00 412
    2022-12-01 $283,900 (7.2%) $354,804 (4.5%) 0.00 447
    2023-01-01 $283,569 (5.0%) $359,836 (4.5%) 0.00 482
    2023-02-01 $286,875 (3.9%) $356,967 (-1.8%) 0.00 498
    2023-03-01 $289,350 (1.5%) $359,738 (-8.1%) 0.00 485
    2023-04-01 $295,000 (5.4%) $366,111 (-1.5%) 0.00 492
    2023-05-01 $299,900 (4.5%) $360,680 (-3.8%) 0.00 493
    2023-06-01 $301,026 (3.0%) $357,159 (-1.7%) 0.00 475
    2023-07-01 $300,000 (3.6%) $363,357 (1.2%) 0.00 469
    2023-08-01 $309,766 (4.2%) $362,018 (1.5%) 0.00 469
    2023-09-01 $299,900 (0.5%) $354,329 (1.4%) 0.00 500
    2023-10-01 $317,000 (6.0%) $373,308 (3.7%) 0.00 531
    2023-11-01 $320,000 (9.9%) $389,256 (7.9%) 0.00 564
    2023-12-01 $325,000 (14.5%) $378,879 (6.8%) 0.00 625
    2024-01-01 $329,900 (16.3%) $379,076 (5.4%) 0.00 648
    2024-02-01 $322,450 (12.4%) $367,682 (3.0%) 0.00 693
    2024-03-01 $314,700 (8.8%) $360,148 (0.1%) 0.00 671
    2024-04-01 $311,700 (5.7%) $361,028 (-1.4%) 0.00 678
    2024-05-01 $307,486 (2.5%) $358,706 (-0.6%) 0.00 701
    2024-06-01 $310,829 (3.3%) $360,671 (1.0%) 0.00 673
    2024-07-01 $312,475 (4.2%) $360,361 (-0.8%) 0.00 683
    2024-08-01 $315,000 (1.7%) $365,247 (0.9%) 0.00 717
    2024-09-01 $312,400 (4.2%) $361,341 (2.0%) 0.00 731
    2024-10-01 $314,945 (-0.7%) $362,480 (-2.9%) 0.00 699
    2024-11-01 $314,898 (-1.6%) $362,027 (-7.0%) 0.00 744
    Sebring's median listing price for 2024-11-01 was $314,898, a difference of $-5,102 (-1.6%) versus the prior year and $-47 versus the prior month.

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

    Sebring's average listing price for 2024-11-01 was $362,027, a difference of $-27,229 (-7.0%) versus the prior year and $-453 versus the prior month.

    For the 2024-11-01 period, Sebring had 744 MLS listings, a difference of 45 listings (6%) versus the prior month and 180 listings (32%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Sebring (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,241 sqft
    2018-02-01 0 days 2,272 sqft
    2018-03-01 0 days 2,248 sqft
    2018-04-01 0 days 2,236 sqft
    2018-05-01 0 days 2,229 sqft
    2018-06-01 0 days 2,244 sqft
    2018-07-01 0 days 2,253 sqft
    2018-08-01 0 days 2,237 sqft
    2018-09-01 0 days 2,202 sqft
    2018-10-01 0 days 2,225 sqft
    2018-11-01 0 days 2,232 sqft
    2018-12-01 0 days 1,640 sqft
    2019-01-01 0 days 1,644 sqft
    2019-02-01 0 days 1,647 sqft
    2019-03-01 0 days 1,650 sqft
    2019-04-01 0 days 1,655 sqft
    2019-05-01 0 days 1,623 sqft
    2019-06-01 0 days 1,650 sqft
    2019-07-01 0 days 1,638 sqft
    2019-08-01 0 days 1,641 sqft
    2019-09-01 0 days 1,636 sqft
    2019-10-01 0 days 1,630 sqft
    2019-11-01 0 days 1,622 sqft
    2019-12-01 0 days 1,652 sqft
    2020-01-01 0 days 1,679 sqft
    2020-02-01 0 days 1,655 sqft
    2020-03-01 0 days 1,638 sqft
    2020-04-01 0 days 1,595 sqft
    2020-05-01 0 days 1,596 sqft
    2020-06-01 0 days 1,574 sqft
    2020-07-01 0 days 1,603 sqft
    2020-08-01 0 days 1,563 sqft
    2020-09-01 0 days 1,575 sqft
    2020-10-01 0 days 1,574 sqft
    2020-11-01 0 days 1,570 sqft
    2020-12-01 0 days 1,570 sqft
    2021-01-01 0 days 1,568 sqft
    2021-02-01 0 days 1,572 sqft
    2021-03-01 0 days 1,619 sqft
    2021-04-01 0 days 1,601 sqft
    2021-05-01 0 days 1,600 sqft
    2021-06-01 0 days 1,582 sqft
    2021-07-01 0 days 1,630 sqft
    2021-08-01 0 days 1,649 sqft
    2021-09-01 0 days 1,642 sqft
    2021-10-01 0 days 1,592 sqft
    2021-11-01 0 days 1,641 sqft
    2021-12-01 0 days 1,629 sqft
    2022-01-01 0 days 1,644 sqft
    2022-02-01 0 days 1,627 sqft
    2022-03-01 0 days 1,625 sqft
    2022-04-01 0 days 1,591 sqft
    2022-05-01 0 days 1,551 sqft
    2022-06-01 0 days 1,570 sqft
    2022-07-01 0 days 1,525 sqft
    2022-08-01 0 days 1,564 sqft
    2022-09-01 0 days 1,585 sqft
    2022-10-01 0 days 1,583 sqft
    2022-11-01 0 days 1,581 sqft
    2022-12-01 0 days 1,546 sqft
    2023-01-01 0 days 1,536 sqft
    2023-02-01 0 days 1,539 sqft
    2023-03-01 0 days 1,539 sqft
    2023-04-01 0 days 1,553 sqft
    2023-05-01 0 days 1,566 sqft
    2023-06-01 0 days 1,567 sqft
    2023-07-01 0 days 1,569 sqft
    2023-08-01 0 days 1,609 sqft
    2023-09-01 0 days 1,633 sqft
    2023-10-01 0 days 1,652 sqft
    2023-11-01 0 days 1,662 sqft
    2023-12-01 0 days 1,661 sqft
    2024-01-01 0 days 1,665 sqft
    2024-02-01 0 days 1,642 sqft
    2024-03-01 0 days 1,620 sqft
    2024-04-01 0 days 1,604 sqft
    2024-05-01 0 days 1,608 sqft
    2024-06-01 0 days 1,588 sqft
    2024-07-01 0 days 1,580 sqft
    2024-08-01 0 days 1,597 sqft
    2024-09-01 0 days 1,596 sqft
    2024-10-01 0 days 1,608 sqft
    2024-11-01 0 days 1,590 sqft
    Sebring's median listing age (time on market) for 2024-11-01 was 0 days.

    Sebring's median square footage for active listings during the 2024-11-01 period was 1,590 sqft. One year prior, the average listing was 1,662 sqft.