Selinsgrove USDA Loan Rates, Closing Costs & Stats
Selinsgrove, PA
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.
Selinsgrove's 3 lenders originated 5 USDA loans during 2023. The total origination value was $925,000, with an average USDA loan value of $185,000.
Selinsgrove USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Selinsgrove
averaged
6.87%
for the week of 2024-04-12, compared to the national average (all USDA variants) of
6.705% for the same period.
Selinsgrove's average USDA mortgage closing costs are $6,183.
The average rate for the prior week (2024-04-05) was
6.49% and
one month ago for the week of 2024-03-08, the
average rate was 6.55%.
The average rate one year ago was 6.06%.
For refis of the same type during the week of 2024-04-12, the average rate
was 6.61%.
Selinsgrove 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 Selinsgrove level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| ALLIED MORTGAGE GROUP, INC. | 2 | 6.81% | $11,733 |
| GUARANTEED RATE, INC. | 1 | 6.50% | $7,993 |
| Mortgage America, Inc. | 1 | 5.75% | $6,217 |
The top Selinsgrove USDA lender as defined by loan originations is ALLIED MORTGAGE GROUP, INC., with
2 USDA loans originated. Their average total fees are
$11,733, which is $3,740
higher than the next largest lender,
GUARANTEED RATE, INC..
The lowest fee Selinsgrove USDA lenders (with over 10 loans originated) are
.
The lowest rate Selinsgrove USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Selinsgrove (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 | $197,704 (7.4%) | $243,323 (10.1%) | 0.00 | 105 |
| 2018-02-01 | $189,900 (2.7%) | $242,887 (9.2%) | 0.00 | 105 |
| 2018-03-01 | $189,900 (5.8%) | $236,599 (10.4%) | 0.00 | 105 |
| 2018-04-01 | $198,827 (11.1%) | $237,357 (8.8%) | 0.00 | 113 |
| 2018-05-01 | $201,425 (12.5%) | $229,575 (4.1%) | 0.00 | 114 |
| 2018-06-01 | $202,900 (6.9%) | $229,326 (2.8%) | 0.00 | 124 |
| 2018-07-01 | $207,400 (9.2%) | $228,292 (3.7%) | 0.00 | 132 |
| 2018-08-01 | $207,650 (9.4%) | $229,315 (3.4%) | 0.00 | 135 |
| 2018-09-01 | $202,900 (6.9%) | $234,704 (4.2%) | 0.00 | 128 |
| 2018-10-01 | $204,375 (9.0%) | $238,905 (1.7%) | 0.00 | 120 |
| 2018-11-01 | $193,654 (-2.3%) | $229,349 (-6.7%) | 0.00 | 118 |
| 2018-12-01 | $189,400 (-4.2%) | $228,277 (-3.5%) | 0.00 | 121 |
| 2019-01-01 | $183,950 (-7.0%) | $209,795 (-13.8%) | 0.00 | 112 |
| 2019-02-01 | $188,650 (-0.7%) | $219,150 (-9.8%) | 0.00 | 111 |
| 2019-03-01 | $199,477 (5.0%) | $226,683 (-4.2%) | 0.00 | 113 |
| 2019-04-01 | $210,925 (6.1%) | $229,484 (-3.3%) | 0.00 | 119 |
| 2019-05-01 | $214,900 (6.7%) | $236,908 (3.2%) | 0.00 | 123 |
| 2019-06-01 | $200,000 (-1.4%) | $226,004 (-1.5%) | 0.00 | 110 |
| 2019-07-01 | $199,425 (-3.9%) | $223,348 (-2.2%) | 0.00 | 110 |
| 2019-08-01 | $197,526 (-4.9%) | $250,175 (9.1%) | 0.00 | 111 |
| 2019-09-01 | $195,391 (-3.7%) | $286,285 (22.0%) | 0.00 | 102 |
| 2019-10-01 | $196,242 (-4.0%) | $311,908 (30.6%) | 0.00 | 97 |
| 2019-11-01 | $189,900 (-1.9%) | $302,249 (31.8%) | 0.00 | 100 |
| 2019-12-01 | $191,200 (1.0%) | $296,983 (30.1%) | 0.00 | 88 |
| 2020-01-01 | $196,200 (6.7%) | $302,867 (44.4%) | 0.00 | 82 |
| 2020-02-01 | $196,200 (4.0%) | $308,140 (40.6%) | 0.00 | 73 |
| 2020-03-01 | $194,600 (-2.4%) | $301,343 (32.9%) | 0.00 | 70 |
| 2020-04-01 | $191,050 (-9.4%) | $254,849 (11.1%) | 0.00 | 70 |
| 2020-05-01 | $198,000 (-7.9%) | $263,426 (11.2%) | 0.00 | 64 |
| 2020-06-01 | $202,700 (1.4%) | $274,234 (21.3%) | 0.00 | 61 |
| 2020-07-01 | $206,450 (3.5%) | $282,205 (26.4%) | 0.00 | 58 |
| 2020-08-01 | $219,900 (11.3%) | $301,558 (20.5%) | 0.00 | 48 |
| 2020-09-01 | $222,450 (13.9%) | $297,709 (4.0%) | 0.00 | 50 |
| 2020-10-01 | $219,900 (12.1%) | $281,849 (-9.6%) | 0.00 | 44 |
| 2020-11-01 | $219,900 (15.8%) | $257,923 (-14.7%) | 0.00 | 40 |
| 2020-12-01 | $232,150 (21.4%) | $271,985 (-8.4%) | 0.00 | 37 |
| 2021-01-01 | $209,000 (6.5%) | $268,084 (-11.5%) | 0.00 | 36 |
| 2021-02-01 | $182,000 (-7.2%) | $248,278 (-19.4%) | 0.00 | 32 |
| 2021-03-01 | $196,200 (0.8%) | $250,185 (-17.0%) | 0.00 | 31 |
| 2021-04-01 | $187,650 (-1.8%) | $224,281 (-12.0%) | 0.00 | 24 |
| 2021-05-01 | $179,900 (-9.1%) | $221,762 (-15.8%) | 0.00 | 24 |
| 2021-06-01 | $185,500 (-8.5%) | $217,984 (-20.5%) | 0.00 | 30 |
| 2021-07-01 | $231,400 (12.1%) | $256,561 (-9.1%) | 0.00 | 34 |
| 2021-08-01 | $225,000 (2.3%) | $248,850 (-17.5%) | 0.00 | 40 |
| 2021-09-01 | $207,450 (-6.7%) | $241,670 (-18.8%) | 0.00 | 45 |
| 2021-10-01 | $202,200 (-8.1%) | $250,010 (-11.3%) | 0.00 | 42 |
| 2021-11-01 | $204,500 (-7.0%) | $265,267 (2.9%) | 0.00 | 38 |
| 2021-12-01 | $208,375 (-10.2%) | $243,491 (-10.5%) | 0.00 | 28 |
| 2022-01-01 | $199,950 (-4.3%) | $218,489 (-18.5%) | 0.00 | 20 |
| 2022-02-01 | $206,225 (13.3%) | $244,199 (-1.6%) | 0.00 | 19 |
| 2022-03-01 | $199,000 (1.4%) | $234,091 (-6.4%) | 0.00 | 20 |
| 2022-04-01 | $219,900 (17.2%) | $273,713 (22.0%) | 0.00 | 24 |
| 2022-05-01 | $249,900 (38.9%) | $291,179 (31.3%) | 0.00 | 35 |
| 2022-06-01 | $250,970 (35.3%) | $286,022 (31.2%) | 0.00 | 38 |
| 2022-07-01 | $252,500 (9.1%) | $299,041 (16.6%) | 0.00 | 36 |
| 2022-08-01 | $252,450 (12.2%) | $296,480 (19.1%) | 0.00 | 42 |
| 2022-09-01 | $267,450 (28.9%) | $290,370 (20.2%) | 0.00 | 43 |
| 2022-10-01 | $277,450 (37.2%) | $286,039 (14.4%) | 0.00 | 46 |
| 2022-11-01 | $244,900 (19.8%) | $269,203 (1.5%) | 0.00 | 47 |
| 2022-12-01 | $224,950 (8.0%) | $245,165 (0.7%) | 0.00 | 43 |
| 2023-01-01 | $244,950 (22.5%) | $273,143 (25.0%) | 0.00 | 37 |
| 2023-02-01 | $244,450 (18.5%) | $256,341 (5.0%) | 0.00 | 37 |
| 2023-03-01 | $243,474 (22.4%) | $263,787 (12.7%) | 0.00 | 31 |
| 2023-04-01 | $239,900 (9.1%) | $257,737 (-5.8%) | 0.00 | 21 |
| 2023-05-01 | $254,999 (2.0%) | $250,135 (-14.1%) | 0.00 | 17 |
| 2023-06-01 | $252,225 (0.5%) | $261,847 (-8.5%) | 0.00 | 19 |
| 2023-07-01 | $244,000 (-3.4%) | $270,328 (-9.6%) | 0.00 | 22 |
| 2023-08-01 | $269,499 (6.8%) | $288,485 (-2.7%) | 0.00 | 20 |
| 2023-09-01 | $242,750 (-9.2%) | $280,465 (-3.4%) | 0.00 | 24 |
| 2023-10-01 | $235,625 (-15.1%) | $266,029 (-7.0%) | 0.00 | 26 |
| 2023-11-01 | $240,750 (-1.7%) | $263,446 (-2.1%) | 0.00 | 26 |
| 2023-12-01 | $220,000 (-2.2%) | $254,178 (3.7%) | 0.00 | 24 |
| 2024-01-01 | $218,750 (-10.7%) | $250,571 (-8.3%) | 0.00 | 24 |
| 2024-02-01 | $250,325 (2.4%) | $274,166 (7.0%) | 0.00 | 24 |
| 2024-03-01 | $244,450 (0.4%) | $277,179 (5.1%) | 0.00 | 28 |
Selinsgrove's median listing price comes in at 0% of the national average.
Selinsgrove's average listing price for 2024-03-01 was $277,179, a difference of $13,392 (5.1%) versus the prior year and $3,013 versus the prior month.
For the 2024-03-01 period, Selinsgrove had 28 MLS listings, a difference of 4 listings (17%) versus the prior month and -3 listings (-10%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Selinsgrove (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,854 sqft |
| 2018-02-01 | 0 days | 1,824 sqft |
| 2018-03-01 | 0 days | 1,816 sqft |
| 2018-04-01 | 0 days | 1,803 sqft |
| 2018-05-01 | 0 days | 1,815 sqft |
| 2018-06-01 | 0 days | 1,768 sqft |
| 2018-07-01 | 0 days | 1,765 sqft |
| 2018-08-01 | 0 days | 1,763 sqft |
| 2018-09-01 | 0 days | 1,747 sqft |
| 2018-10-01 | 0 days | 1,719 sqft |
| 2018-11-01 | 0 days | 1,682 sqft |
| 2018-12-01 | 0 days | 1,615 sqft |
| 2019-01-01 | 0 days | 1,600 sqft |
| 2019-02-01 | 0 days | 1,673 sqft |
| 2019-03-01 | 0 days | 1,729 sqft |
| 2019-04-01 | 0 days | 1,729 sqft |
| 2019-05-01 | 0 days | 1,668 sqft |
| 2019-06-01 | 0 days | 1,664 sqft |
| 2019-07-01 | 0 days | 1,730 sqft |
| 2019-08-01 | 0 days | 1,776 sqft |
| 2019-09-01 | 0 days | 1,836 sqft |
| 2019-10-01 | 0 days | 1,875 sqft |
| 2019-11-01 | 0 days | 1,746 sqft |
| 2019-12-01 | 0 days | 1,730 sqft |
| 2020-01-01 | 0 days | 1,706 sqft |
| 2020-02-01 | 0 days | 1,736 sqft |
| 2020-03-01 | 0 days | 1,674 sqft |
| 2020-04-01 | 0 days | 1,639 sqft |
| 2020-05-01 | 0 days | 1,748 sqft |
| 2020-06-01 | 0 days | 1,870 sqft |
| 2020-07-01 | 0 days | 1,805 sqft |
| 2020-08-01 | 0 days | 1,898 sqft |
| 2020-09-01 | 0 days | 1,972 sqft |
| 2020-10-01 | 0 days | 1,920 sqft |
| 2020-11-01 | 0 days | 1,836 sqft |
| 2020-12-01 | 0 days | 1,848 sqft |
| 2021-01-01 | 0 days | 1,848 sqft |
| 2021-02-01 | 0 days | 1,799 sqft |
| 2021-03-01 | 0 days | 1,775 sqft |
| 2021-04-01 | 0 days | 1,549 sqft |
| 2021-05-01 | 0 days | 1,549 sqft |
| 2021-06-01 | 0 days | 1,746 sqft |
| 2021-07-01 | 0 days | 1,891 sqft |
| 2021-08-01 | 0 days | 1,779 sqft |
| 2021-09-01 | 0 days | 1,752 sqft |
| 2021-10-01 | 0 days | 1,757 sqft |
| 2021-11-01 | 0 days | 1,872 sqft |
| 2021-12-01 | 0 days | 1,894 sqft |
| 2022-01-01 | 0 days | 1,659 sqft |
| 2022-02-01 | 0 days | 1,559 sqft |
| 2022-03-01 | 0 days | 1,612 sqft |
| 2022-04-01 | 0 days | 1,738 sqft |
| 2022-05-01 | 0 days | 1,750 sqft |
| 2022-06-01 | 0 days | 1,732 sqft |
| 2022-07-01 | 0 days | 1,904 sqft |
| 2022-08-01 | 0 days | 1,908 sqft |
| 2022-09-01 | 0 days | 1,892 sqft |
| 2022-10-01 | 0 days | 1,800 sqft |
| 2022-11-01 | 0 days | 1,618 sqft |
| 2022-12-01 | 0 days | 1,564 sqft |
| 2023-01-01 | 0 days | 1,617 sqft |
| 2023-02-01 | 0 days | 1,591 sqft |
| 2023-03-01 | 0 days | 1,622 sqft |
| 2023-04-01 | 0 days | 1,628 sqft |
| 2023-05-01 | 0 days | 1,825 sqft |
| 2023-06-01 | 0 days | 1,904 sqft |
| 2023-07-01 | 0 days | 1,904 sqft |
| 2023-08-01 | 0 days | 1,879 sqft |
| 2023-09-01 | 0 days | 1,904 sqft |
| 2023-10-01 | 0 days | 1,822 sqft |
| 2023-11-01 | 0 days | 1,788 sqft |
| 2023-12-01 | 0 days | 1,838 sqft |
| 2024-01-01 | 0 days | 1,801 sqft |
| 2024-02-01 | 0 days | 1,801 sqft |
| 2024-03-01 | 0 days | 1,538 sqft |
Selinsgrove's median square footage for active listings during the 2024-03-01 period was 1,538 sqft. One year prior, the average listing was 1,622 sqft.