Seymour USDA Loan Rates, Closing Costs & Stats

Seymour, IN

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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.

    Seymour's 10 lenders originated 35 USDA loans during 2023. The total origination value was $5,675,000, with an average USDA loan value of $162,143.

    Seymour USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Seymour averaged 7.14% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Seymour's average USDA mortgage closing costs are $3,984.

    The average rate for the prior week (2024-04-12) was 6.89% and one month ago for the week of 2024-03-15, the average rate was 6.67%.

    The average rate one year ago was 6.51%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.96%.

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

    Seymour 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 Seymour level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Wolfe Financial, Inc 15 7.04% $6,058
    GVC MORTGAGE, INC. 8 6.83% $5,178
    DIRECT MORTGAGE LOANS, LLC 4 6.91% $7,984
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.13% $6,860
    Bank of England 1 5.25% $5,722
    Prosperity Home Mortgage, LLC 1 6.63% $4,345
    WesBanco 1 6.00% $4,336
    First Financial Bank 1 6.00% $10,858
    Citizens Bank 1 6.50% $3,191
    CMG MORTGAGE, INC. 1 7.25% $6,700

    The top Seymour USDA lender as defined by loan originations is Wolfe Financial, Inc, with 15 USDA loans originated. Their average total fees are $6,058, which is $880 higher than the next largest lender, GVC MORTGAGE, INC..

    The lowest fee Seymour USDA lenders (with over 10 loans originated) are Wolfe Financial, Inc ($6,058), .

    The lowest rate Seymour USDA lenders (with over 10 loans originated) are Wolfe Financial, Inc (7.04%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Seymour (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 $102,150 (-7.1%) $133,512 (-9.0%) 0.00 140
    2018-02-01 $121,400 (15.2%) $147,387 (1.9%) 0.00 126
    2018-03-01 $122,900 (23.0%) $163,894 (15.0%) 0.00 119
    2018-04-01 $122,175 (3.6%) $162,272 (8.7%) 0.00 113
    2018-05-01 $125,450 (11.9%) $171,055 (15.2%) 0.00 109
    2018-06-01 $128,000 (16.5%) $172,683 (17.9%) 0.00 110
    2018-07-01 $129,950 (18.2%) $170,303 (18.4%) 0.00 126
    2018-08-01 $126,975 (16.6%) $159,728 (17.8%) 0.00 127
    2018-09-01 $124,900 (25.0%) $156,941 (19.7%) 0.00 114
    2018-10-01 $130,733 (29.9%) $163,293 (23.5%) 0.00 122
    2018-11-01 $134,375 (32.5%) $162,512 (21.8%) 0.00 120
    2018-12-01 $134,900 (35.0%) $162,251 (26.7%) 0.00 110
    2019-01-01 $134,500 (31.7%) $158,497 (18.7%) 0.00 102
    2019-02-01 $131,150 (8.0%) $165,317 (12.2%) 0.00 89
    2019-03-01 $129,014 (5.0%) $173,787 (6.0%) 0.00 84
    2019-04-01 $139,700 (14.3%) $180,919 (11.5%) 0.00 79
    2019-05-01 $145,000 (15.6%) $181,746 (6.3%) 0.00 77
    2019-06-01 $157,400 (23.0%) $201,038 (16.4%) 0.00 72
    2019-07-01 $158,650 (22.1%) $210,240 (23.5%) 0.00 80
    2019-08-01 $159,900 (25.9%) $213,525 (33.7%) 0.00 89
    2019-09-01 $159,900 (28.0%) $217,170 (38.4%) 0.00 86
    2019-10-01 $159,700 (22.2%) $215,598 (32.0%) 0.00 82
    2019-11-01 $164,900 (22.7%) $223,342 (37.4%) 0.00 79
    2019-12-01 $165,050 (22.4%) $216,504 (33.4%) 0.00 78
    2020-01-01 $168,800 (25.5%) $211,372 (33.4%) 0.00 65
    2020-02-01 $180,500 (37.6%) $224,265 (35.7%) 0.00 64
    2020-03-01 $189,900 (47.2%) $235,795 (35.7%) 0.00 55
    2020-04-01 $179,900 (28.8%) $232,131 (28.3%) 0.00 52
    2020-05-01 $182,400 (25.8%) $235,947 (29.8%) 0.00 51
    2020-06-01 $198,400 (26.1%) $243,774 (21.3%) 0.00 51
    2020-07-01 $201,300 (26.9%) $244,437 (16.3%) 0.00 56
    2020-08-01 $197,900 (23.8%) $235,594 (10.3%) 0.00 56
    2020-09-01 $198,900 (24.4%) $241,211 (11.1%) 0.00 56
    2020-10-01 $196,450 (23.0%) $237,950 (10.4%) 0.00 54
    2020-11-01 $189,900 (15.2%) $222,421 (-0.4%) 0.00 52
    2020-12-01 $184,900 (12.0%) $215,935 (-0.3%) 0.00 51
    2021-01-01 $172,400 (2.1%) $202,498 (-4.2%) 0.00 34
    2021-02-01 $174,900 (-3.1%) $228,042 (1.7%) 0.00 29
    2021-03-01 $173,675 (-8.5%) $229,269 (-2.8%) 0.00 25
    2021-04-01 $174,900 (-2.8%) $265,252 (14.3%) 0.00 23
    2021-05-01 $195,000 (6.9%) $290,297 (23.0%) 0.00 26
    2021-06-01 $217,475 (9.6%) $287,228 (17.8%) 0.00 24
    2021-07-01 $191,950 (-4.6%) $268,359 (9.8%) 0.00 32
    2021-08-01 $199,900 (1.0%) $285,867 (21.3%) 0.00 46
    2021-09-01 $194,975 (-2.0%) $266,400 (10.4%) 0.00 53
    2021-10-01 $177,450 (-9.7%) $245,773 (3.3%) 0.00 59
    2021-11-01 $187,450 (-1.3%) $254,917 (14.6%) 0.00 55
    2021-12-01 $194,925 (5.4%) $255,852 (18.5%) 0.00 49
    2022-01-01 $226,450 (31.4%) $265,521 (31.1%) 0.00 41
    2022-02-01 $222,500 (27.2%) $277,274 (21.6%) 0.00 28
    2022-03-01 $226,950 (30.7%) $310,748 (35.5%) 0.00 28
    2022-04-01 $225,000 (28.6%) $329,051 (24.1%) 0.00 36
    2022-05-01 $219,900 (12.8%) $308,201 (6.2%) 0.00 41
    2022-06-01 $225,100 (3.5%) $309,907 (7.9%) 0.00 49
    2022-07-01 $239,900 (25.0%) $304,752 (13.6%) 0.00 57
    2022-08-01 $239,900 (20.0%) $291,988 (2.1%) 0.00 56
    2022-09-01 $244,900 (25.6%) $300,920 (13.0%) 0.00 51
    2022-10-01 $239,950 (35.2%) $301,109 (22.5%) 0.00 60
    2022-11-01 $270,975 (44.6%) $310,806 (21.9%) 0.00 60
    2022-12-01 $274,900 (41.0%) $323,741 (26.5%) 0.00 57
    2023-01-01 $262,925 (16.1%) $297,288 (12.0%) 0.00 54
    2023-02-01 $260,950 (17.3%) $299,384 (8.0%) 0.00 43
    2023-03-01 $260,425 (14.8%) $298,187 (-4.0%) 0.00 33
    2023-04-01 $264,900 (17.7%) $306,180 (-7.0%) 0.00 26
    2023-05-01 $249,400 (13.4%) $282,239 (-8.4%) 0.00 27
    2023-06-01 $253,725 (12.7%) $286,049 (-7.7%) 0.00 33
    2023-07-01 $235,000 (-2.0%) $289,322 (-5.1%) 0.00 36
    2023-08-01 $272,200 (13.5%) $297,773 (2.0%) 0.00 43
    2023-09-01 $269,900 (10.2%) $305,178 (1.4%) 0.00 51
    2023-10-01 $267,200 (11.4%) $296,977 (-1.4%) 0.00 54
    2023-11-01 $259,800 (-4.1%) $306,976 (-1.2%) 0.00 60
    2023-12-01 $269,900 (-1.8%) $319,725 (-1.2%) 0.00 58
    2024-01-01 $273,725 (4.1%) $315,020 (6.0%) 0.00 56
    2024-02-01 $269,950 (3.5%) $307,293 (2.6%) 0.00 53
    2024-03-01 $289,950 (11.3%) $322,490 (8.2%) 0.00 51
    Seymour's median listing price for 2024-03-01 was $289,950, a difference of $29,525 (11.3%) versus the prior year and $20,000 versus the prior month.

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

    Seymour's average listing price for 2024-03-01 was $322,490, a difference of $24,303 (8.2%) versus the prior year and $15,197 versus the prior month.

    For the 2024-03-01 period, Seymour had 51 MLS listings, a difference of -2 listings (-4%) versus the prior month and 18 listings (55%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Seymour (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,575 sqft
    2018-02-01 0 days 1,608 sqft
    2018-03-01 0 days 1,714 sqft
    2018-04-01 0 days 1,680 sqft
    2018-05-01 0 days 1,680 sqft
    2018-06-01 0 days 1,687 sqft
    2018-07-01 0 days 1,600 sqft
    2018-08-01 0 days 1,614 sqft
    2018-09-01 0 days 1,620 sqft
    2018-10-01 0 days 1,642 sqft
    2018-11-01 0 days 1,620 sqft
    2018-12-01 0 days 1,619 sqft
    2019-01-01 0 days 1,620 sqft
    2019-02-01 0 days 1,784 sqft
    2019-03-01 0 days 1,821 sqft
    2019-04-01 0 days 1,869 sqft
    2019-05-01 0 days 1,900 sqft
    2019-06-01 0 days 1,928 sqft
    2019-07-01 0 days 1,981 sqft
    2019-08-01 0 days 2,137 sqft
    2019-09-01 0 days 2,132 sqft
    2019-10-01 0 days 2,060 sqft
    2019-11-01 0 days 1,991 sqft
    2019-12-01 0 days 1,926 sqft
    2020-01-01 0 days 1,908 sqft
    2020-02-01 0 days 1,860 sqft
    2020-03-01 0 days 1,834 sqft
    2020-04-01 0 days 1,774 sqft
    2020-05-01 0 days 1,806 sqft
    2020-06-01 0 days 1,807 sqft
    2020-07-01 0 days 1,872 sqft
    2020-08-01 0 days 1,778 sqft
    2020-09-01 0 days 1,791 sqft
    2020-10-01 0 days 1,943 sqft
    2020-11-01 0 days 1,863 sqft
    2020-12-01 0 days 1,769 sqft
    2021-01-01 0 days 1,642 sqft
    2021-02-01 0 days 1,940 sqft
    2021-03-01 0 days 1,912 sqft
    2021-04-01 0 days 2,130 sqft
    2021-05-01 0 days 1,990 sqft
    2021-06-01 0 days 2,035 sqft
    2021-07-01 0 days 1,962 sqft
    2021-08-01 0 days 2,152 sqft
    2021-09-01 0 days 1,877 sqft
    2021-10-01 0 days 1,922 sqft
    2021-11-01 0 days 1,887 sqft
    2021-12-01 0 days 1,881 sqft
    2022-01-01 0 days 1,874 sqft
    2022-02-01 0 days 1,962 sqft
    2022-03-01 0 days 2,063 sqft
    2022-04-01 0 days 2,134 sqft
    2022-05-01 0 days 1,889 sqft
    2022-06-01 0 days 2,176 sqft
    2022-07-01 0 days 2,151 sqft
    2022-08-01 0 days 1,957 sqft
    2022-09-01 0 days 1,909 sqft
    2022-10-01 0 days 2,047 sqft
    2022-11-01 0 days 2,337 sqft
    2022-12-01 0 days 2,182 sqft
    2023-01-01 0 days 1,991 sqft
    2023-02-01 0 days 2,030 sqft
    2023-03-01 0 days 2,134 sqft
    2023-04-01 0 days 1,951 sqft
    2023-05-01 0 days 1,706 sqft
    2023-06-01 0 days 1,811 sqft
    2023-07-01 0 days 1,951 sqft
    2023-08-01 0 days 2,126 sqft
    2023-09-01 0 days 1,974 sqft
    2023-10-01 0 days 1,781 sqft
    2023-11-01 0 days 1,712 sqft
    2023-12-01 0 days 1,847 sqft
    2024-01-01 0 days 1,788 sqft
    2024-02-01 0 days 1,793 sqft
    2024-03-01 0 days 1,959 sqft
    Seymour's median listing age (time on market) for 2024-03-01 was 0 days.

    Seymour's median square footage for active listings during the 2024-03-01 period was 1,959 sqft. One year prior, the average listing was 2,134 sqft.