St. Marys USDA Loan Rates, Closing Costs & Stats

St. Marys, GA

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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.

    St. Marys's 4 lenders originated 7 USDA loans during 2023. The total origination value was $1,655,000, with an average USDA loan value of $236,429.

    St. Marys USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in St. Marys averaged 6.75% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    St. Marys's average USDA mortgage closing costs are $4,512.

    The average rate for the prior week (2024-04-12) was 6.5% and one month ago for the week of 2024-03-15, the average rate was 6.09%.

    The average rate one year ago was 5.83%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.66%.

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

    St. Marys 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 St. Marys level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GUARANTEED RATE, INC. 4 6.12% $9,904
    CMG MORTGAGE, INC. 1 6.75% $9,493
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.13% $7,809
    MORTGAGE INVESTORS GROUP, INC. 1 5.75% $7,747

    The top St. Marys USDA lender as defined by loan originations is GUARANTEED RATE, INC., with 4 USDA loans originated. Their average total fees are $9,904, which is $411 higher than the next largest lender, CMG MORTGAGE, INC..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - St. Marys (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 $219,948 (-2.2%) $258,449 (2.6%) 0.00 302
    2018-02-01 $225,000 (-0.4%) $272,766 (6.8%) 0.00 301
    2018-03-01 $229,000 (4.1%) $265,182 (4.1%) 0.00 310
    2018-04-01 $234,450 (7.1%) $277,752 (7.6%) 0.00 302
    2018-05-01 $239,000 (12.8%) $283,658 (11.4%) 0.00 297
    2018-06-01 $233,900 (13.6%) $281,865 (11.2%) 0.00 324
    2018-07-01 $229,995 (12.5%) $276,414 (11.0%) 0.00 341
    2018-08-01 $228,223 (12.4%) $279,778 (13.2%) 0.00 355
    2018-09-01 $225,000 (10.8%) $278,298 (13.4%) 0.00 360
    2018-10-01 $219,700 (5.4%) $271,280 (7.7%) 0.00 390
    2018-11-01 $217,000 (1.3%) $264,388 (3.5%) 0.00 403
    2018-12-01 $219,250 (-0.8%) $266,210 (2.2%) 0.00 382
    2019-01-01 $217,000 (-1.3%) $270,291 (4.6%) 0.00 340
    2019-02-01 $215,000 (-4.4%) $274,317 (0.6%) 0.00 338
    2019-03-01 $218,086 (-4.8%) $283,136 (6.8%) 0.00 323
    2019-04-01 $217,136 (-7.4%) $287,116 (3.4%) 0.00 307
    2019-05-01 $219,444 (-8.2%) $285,606 (0.7%) 0.00 298
    2019-06-01 $219,450 (-6.2%) $282,672 (0.3%) 0.00 299
    2019-07-01 $234,850 (2.1%) $286,517 (3.7%) 0.00 296
    2019-08-01 $238,873 (4.7%) $288,399 (3.1%) 0.00 283
    2019-09-01 $245,132 (9.0%) $292,904 (5.3%) 0.00 265
    2019-10-01 $251,250 (14.4%) $295,665 (9.0%) 0.00 253
    2019-11-01 $255,000 (17.5%) $293,965 (11.2%) 0.00 268
    2019-12-01 $249,900 (14.0%) $298,622 (12.2%) 0.00 256
    2020-01-01 $249,925 (15.2%) $302,512 (11.9%) 0.00 249
    2020-02-01 $240,000 (11.6%) $299,970 (9.4%) 0.00 241
    2020-03-01 $264,900 (21.5%) $321,032 (13.4%) 0.00 230
    2020-04-01 $277,400 (27.8%) $322,687 (12.4%) 0.00 230
    2020-05-01 $299,900 (36.7%) $337,981 (18.3%) 0.00 198
    2020-06-01 $304,725 (38.9%) $342,977 (21.3%) 0.00 202
    2020-07-01 $299,225 (27.4%) $338,687 (18.2%) 0.00 196
    2020-08-01 $296,000 (23.9%) $337,613 (17.1%) 0.00 175
    2020-09-01 $287,400 (17.2%) $334,702 (14.3%) 0.00 180
    2020-10-01 $289,000 (15.0%) $335,727 (13.6%) 0.00 185
    2020-11-01 $294,446 (15.5%) $339,651 (15.5%) 0.00 175
    2020-12-01 $288,998 (15.7%) $336,245 (12.6%) 0.00 177
    2021-01-01 $290,000 (16.0%) $345,105 (14.1%) 0.00 137
    2021-02-01 $290,425 (21.0%) $363,020 (21.0%) 0.00 120
    2021-03-01 $314,900 (18.9%) $386,511 (20.4%) 0.00 101
    2021-04-01 $318,250 (14.7%) $403,673 (25.1%) 0.00 67
    2021-05-01 $299,450 (-0.2%) $394,747 (16.8%) 0.00 76
    2021-06-01 $302,450 (-0.8%) $378,796 (10.4%) 0.00 88
    2021-07-01 $299,900 (0.2%) $367,062 (8.4%) 0.00 105
    2021-08-01 $298,200 (0.7%) $360,316 (6.7%) 0.00 115
    2021-09-01 $294,800 (2.6%) $375,190 (12.1%) 0.00 95
    2021-10-01 $309,900 (7.2%) $379,014 (12.9%) 0.00 112
    2021-11-01 $332,500 (12.9%) $366,393 (7.9%) 0.00 119
    2021-12-01 $322,450 (11.6%) $413,703 (23.0%) 0.00 119
    2022-01-01 $349,050 (20.4%) $438,966 (27.2%) 0.00 105
    2022-02-01 $386,250 (33.0%) $488,974 (34.7%) 0.00 83
    2022-03-01 $380,970 (21.0%) $487,457 (26.1%) 0.00 62
    2022-04-01 $378,195 (18.8%) $500,733 (24.0%) 0.00 65
    2022-05-01 $377,200 (26.0%) $473,122 (19.9%) 0.00 79
    2022-06-01 $377,473 (24.8%) $476,163 (25.7%) 0.00 92
    2022-07-01 $370,000 (23.4%) $443,883 (20.9%) 0.00 133
    2022-08-01 $387,150 (29.8%) $443,300 (23.0%) 0.00 143
    2022-09-01 $369,900 (25.5%) $419,402 (11.8%) 0.00 143
    2022-10-01 $371,400 (19.9%) $423,875 (11.8%) 0.00 159
    2022-11-01 $368,323 (10.8%) $431,167 (17.7%) 0.00 175
    2022-12-01 $359,900 (11.6%) $411,294 (-0.6%) 0.00 172
    2023-01-01 $369,900 (6.0%) $423,141 (-3.6%) 0.00 149
    2023-02-01 $369,900 (-4.2%) $425,228 (-13.0%) 0.00 125
    2023-03-01 $399,900 (5.0%) $453,802 (-6.9%) 0.00 124
    2023-04-01 $397,486 (5.1%) $491,219 (-1.9%) 0.00 124
    2023-05-01 $399,900 (6.0%) $507,175 (7.2%) 0.00 133
    2023-06-01 $390,098 (3.3%) $486,653 (2.2%) 0.00 163
    2023-07-01 $366,900 (-0.8%) $477,858 (7.7%) 0.00 170
    2023-08-01 $356,425 (-7.9%) $460,405 (3.9%) 0.00 178
    2023-09-01 $354,400 (-4.2%) $462,125 (10.2%) 0.00 194
    2023-10-01 $350,950 (-5.5%) $461,612 (8.9%) 0.00 215
    2023-11-01 $349,300 (-5.2%) $455,358 (5.6%) 0.00 225
    2023-12-01 $351,900 (-2.2%) $457,099 (11.1%) 0.00 218
    2024-01-01 $356,400 (-3.7%) $445,373 (5.3%) 0.00 228
    2024-02-01 $374,095 (1.1%) $455,591 (7.1%) 0.00 213
    2024-03-01 $376,900 (-5.8%) $462,695 (2.0%) 0.00 226
    St. Marys's median listing price for 2024-03-01 was $376,900, a difference of $-23,000 (-5.8%) versus the prior year and $2,805 versus the prior month.

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

    St. Marys's average listing price for 2024-03-01 was $462,695, a difference of $8,893 (2.0%) versus the prior year and $7,104 versus the prior month.

    For the 2024-03-01 period, St. Marys had 226 MLS listings, a difference of 13 listings (6%) versus the prior month and 102 listings (82%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - St. Marys (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,073 sqft
    2018-02-01 0 days 2,108 sqft
    2018-03-01 0 days 2,083 sqft
    2018-04-01 0 days 2,081 sqft
    2018-05-01 0 days 2,078 sqft
    2018-06-01 0 days 2,081 sqft
    2018-07-01 0 days 2,026 sqft
    2018-08-01 0 days 2,054 sqft
    2018-09-01 0 days 2,036 sqft
    2018-10-01 0 days 1,984 sqft
    2018-11-01 0 days 1,934 sqft
    2018-12-01 0 days 1,947 sqft
    2019-01-01 0 days 1,922 sqft
    2019-02-01 0 days 1,937 sqft
    2019-03-01 0 days 1,960 sqft
    2019-04-01 0 days 1,994 sqft
    2019-05-01 0 days 1,954 sqft
    2019-06-01 0 days 1,946 sqft
    2019-07-01 0 days 2,012 sqft
    2019-08-01 0 days 2,012 sqft
    2019-09-01 0 days 2,046 sqft
    2019-10-01 0 days 2,071 sqft
    2019-11-01 0 days 2,065 sqft
    2019-12-01 0 days 2,062 sqft
    2020-01-01 0 days 2,045 sqft
    2020-02-01 0 days 2,034 sqft
    2020-03-01 0 days 2,061 sqft
    2020-04-01 0 days 2,088 sqft
    2020-05-01 0 days 2,180 sqft
    2020-06-01 0 days 2,255 sqft
    2020-07-01 0 days 2,215 sqft
    2020-08-01 0 days 2,137 sqft
    2020-09-01 0 days 2,155 sqft
    2020-10-01 0 days 2,100 sqft
    2020-11-01 0 days 2,099 sqft
    2020-12-01 0 days 2,080 sqft
    2021-01-01 0 days 2,103 sqft
    2021-02-01 0 days 2,060 sqft
    2021-03-01 0 days 2,066 sqft
    2021-04-01 0 days 2,070 sqft
    2021-05-01 0 days 1,997 sqft
    2021-06-01 0 days 2,076 sqft
    2021-07-01 0 days 2,000 sqft
    2021-08-01 0 days 2,059 sqft
    2021-09-01 0 days 1,997 sqft
    2021-10-01 0 days 2,026 sqft
    2021-11-01 0 days 2,040 sqft
    2021-12-01 0 days 2,044 sqft
    2022-01-01 0 days 2,114 sqft
    2022-02-01 0 days 2,155 sqft
    2022-03-01 0 days 2,089 sqft
    2022-04-01 0 days 2,100 sqft
    2022-05-01 0 days 2,084 sqft
    2022-06-01 0 days 2,102 sqft
    2022-07-01 0 days 2,130 sqft
    2022-08-01 0 days 2,132 sqft
    2022-09-01 0 days 2,055 sqft
    2022-10-01 0 days 2,101 sqft
    2022-11-01 0 days 2,044 sqft
    2022-12-01 0 days 2,036 sqft
    2023-01-01 0 days 2,014 sqft
    2023-02-01 0 days 2,028 sqft
    2023-03-01 0 days 2,117 sqft
    2023-04-01 0 days 2,096 sqft
    2023-05-01 0 days 2,061 sqft
    2023-06-01 0 days 2,064 sqft
    2023-07-01 0 days 2,045 sqft
    2023-08-01 0 days 2,039 sqft
    2023-09-01 0 days 2,008 sqft
    2023-10-01 0 days 1,986 sqft
    2023-11-01 0 days 1,934 sqft
    2023-12-01 0 days 1,956 sqft
    2024-01-01 0 days 1,973 sqft
    2024-02-01 0 days 2,021 sqft
    2024-03-01 0 days 2,067 sqft
    St. Marys's median listing age (time on market) for 2024-03-01 was 0 days.

    St. Marys's median square footage for active listings during the 2024-03-01 period was 2,067 sqft. One year prior, the average listing was 2,117 sqft.