St. Marys USDA Loan Rates, Closing Costs & Stats

St. Marys, GA

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 5.57% for the week of 2024-10-11, compared to the national average (all USDA variants) of 6.08% for the same period.

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

The average rate for the prior week (2024-10-04) was 5.46% and one month ago for the week of 2024-09-06, the average rate was 5.65%.

The average rate one year ago was 6.95%.

For refis of the same type during the week of 2024-10-11, the average rate was 5.98%.

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
2024-04-01 $384,450 (-3.3%) $443,561 (-9.7%) 0.00 287
2024-05-01 $407,450 (1.9%) $459,478 (-9.4%) 0.00 277
2024-06-01 $419,900 (7.6%) $470,585 (-3.3%) 0.00 297
2024-07-01 $409,530 (11.6%) $463,370 (-3.0%) 0.00 314
2024-08-01 $399,900 (12.2%) $458,270 (-0.5%) 0.00 323
2024-09-01 $399,950 (12.9%) $455,446 (-1.5%) 0.00 321
St. Marys's median listing price for 2024-09-01 was $399,950, a difference of $45,550 (12.9%) versus the prior year and $50 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 2024-09-01 was $455,446, a difference of $-6,679 (-1.5%) versus the prior year and $-2,824 versus the prior month.

For the 2024-09-01 period, St. Marys had 321 MLS listings, a difference of -2 listings (-1%) versus the prior month and 127 listings (65%) 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 1,969 sqft
2024-02-01 0 days 2,021 sqft
2024-03-01 0 days 2,067 sqft
2024-04-01 0 days 2,110 sqft
2024-05-01 0 days 2,158 sqft
2024-06-01 0 days 2,211 sqft
2024-07-01 0 days 2,159 sqft
2024-08-01 0 days 2,117 sqft
2024-09-01 0 days 2,067 sqft
St. Marys's median listing age (time on market) for 2024-09-01 was 0 days.

St. Marys's median square footage for active listings during the 2024-09-01 period was 2,067 sqft. One year prior, the average listing was 2,008 sqft.