Statesboro USDA Loan Rates, Closing Costs & Stats

Statesboro, 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.

    Statesboro's 10 lenders originated 16 USDA loans during 2023. The total origination value was $3,630,000, with an average USDA loan value of $226,875.

    Statesboro USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Statesboro averaged 6.51% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    Statesboro's average USDA mortgage closing costs are $4,976.

    The average rate for the prior week (2024-12-06) was 6.24% and one month ago for the week of 2024-11-08, the average rate was 6.36%.

    The average rate one year ago was 6.93%.

    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.

    Statesboro 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 Statesboro level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Renasant Bank 3 6.13% $7,561
    BANKSOUTH MORTGAGE COMPANY, LLC 2 6.56% $10,130
    CRESCENT MORTGAGE COMPANY 2 6.69% $8,765
    Ameris Bank 2 6.50% $5,949
    HOMESTAR FINANCIAL CORPORATION 2 6.56% $4,990
    MOVEMENT MORTGAGE, LLC 1 5.63% $13,479
    CROSSCOUNTRY MORTGAGE, LLC 1 6.00% $9,168
    CARDINAL FINANCIAL 1 7.75% $4,036
    Century Mortgage Company DBA Century Lending Company 1 7.25% $7,563
    Colony Bank 1 6.63% $6,583

    The top Statesboro USDA lender as defined by loan originations is Renasant Bank, with 3 USDA loans originated. Their average total fees are $7,561, which is $2,569 lower than the next largest lender, BANKSOUTH MORTGAGE COMPANY, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Statesboro (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 $159,450 (-0.1%) $192,816 (0.2%) 0.00 366
    2018-02-01 $154,100 (-3.1%) $185,185 (-2.8%) 0.00 384
    2018-03-01 $159,900 (0.0%) $193,035 (0.0%) 0.00 403
    2018-04-01 $159,900 (0.0%) $193,622 (-1.0%) 0.00 413
    2018-05-01 $154,900 (-3.1%) $193,544 (-1.3%) 0.00 406
    2018-06-01 $160,000 (0.1%) $202,678 (6.7%) 0.00 388
    2018-07-01 $160,250 (-0.8%) $210,411 (9.0%) 0.00 359
    2018-08-01 $164,800 (-2.3%) $212,664 (8.4%) 0.00 356
    2018-09-01 $160,000 (-3.0%) $209,070 (3.4%) 0.00 347
    2018-10-01 $159,925 (0.2%) $206,955 (3.9%) 0.00 358
    2018-11-01 $168,925 (5.6%) $208,960 (7.8%) 0.00 344
    2018-12-01 $169,900 (7.7%) $202,349 (5.9%) 0.00 336
    2019-01-01 $169,900 (6.6%) $202,908 (5.2%) 0.00 319
    2019-02-01 $171,200 (11.1%) $206,455 (11.5%) 0.00 312
    2019-03-01 $171,786 (7.4%) $206,955 (7.2%) 0.00 314
    2019-04-01 $175,050 (9.5%) $214,035 (10.5%) 0.00 319
    2019-05-01 $177,350 (14.5%) $223,130 (15.3%) 0.00 303
    2019-06-01 $179,550 (12.2%) $230,214 (13.6%) 0.00 292
    2019-07-01 $177,875 (11.0%) $223,301 (6.1%) 0.00 308
    2019-08-01 $174,291 (5.8%) $222,236 (4.5%) 0.00 290
    2019-09-01 $176,377 (10.2%) $224,138 (7.2%) 0.00 264
    2019-10-01 $181,450 (13.5%) $227,799 (10.1%) 0.00 239
    2019-11-01 $179,900 (6.5%) $223,048 (6.7%) 0.00 238
    2019-12-01 $183,075 (7.8%) $220,448 (8.9%) 0.00 248
    2020-01-01 $184,900 (8.8%) $229,379 (13.1%) 0.00 248
    2020-02-01 $183,800 (7.4%) $227,584 (10.2%) 0.00 262
    2020-03-01 $189,900 (10.5%) $232,025 (12.1%) 0.00 253
    2020-04-01 $192,900 (10.2%) $233,036 (8.9%) 0.00 270
    2020-05-01 $199,000 (12.2%) $232,934 (4.4%) 0.00 254
    2020-06-01 $199,900 (11.3%) $244,193 (6.1%) 0.00 225
    2020-07-01 $209,900 (18.0%) $246,555 (10.4%) 0.00 210
    2020-08-01 $208,000 (19.3%) $250,708 (12.8%) 0.00 197
    2020-09-01 $212,925 (20.7%) $255,104 (13.8%) 0.00 170
    2020-10-01 $201,520 (11.1%) $244,618 (7.4%) 0.00 160
    2020-11-01 $203,575 (13.2%) $248,995 (11.6%) 0.00 160
    2020-12-01 $191,200 (4.4%) $243,987 (10.7%) 0.00 151
    2021-01-01 $198,950 (7.6%) $261,127 (13.8%) 0.00 121
    2021-02-01 $215,381 (17.2%) $277,898 (22.1%) 0.00 105
    2021-03-01 $207,200 (9.1%) $273,512 (17.9%) 0.00 92
    2021-04-01 $235,300 (22.0%) $298,374 (28.0%) 0.00 85
    2021-05-01 $219,950 (10.5%) $294,657 (26.5%) 0.00 89
    2021-06-01 $222,450 (11.3%) $282,620 (15.7%) 0.00 83
    2021-07-01 $229,900 (9.5%) $282,039 (14.4%) 0.00 93
    2021-08-01 $251,650 (21.0%) $298,176 (18.9%) 0.00 98
    2021-09-01 $257,775 (21.1%) $307,003 (20.3%) 0.00 103
    2021-10-01 $267,000 (32.5%) $317,673 (29.9%) 0.00 92
    2021-11-01 $265,850 (30.6%) $345,815 (38.9%) 0.00 89
    2021-12-01 $275,500 (44.1%) $337,973 (38.5%) 0.00 88
    2022-01-01 $269,500 (35.5%) $337,832 (29.4%) 0.00 82
    2022-02-01 $264,500 (22.8%) $336,672 (21.2%) 0.00 74
    2022-03-01 $275,735 (33.1%) $323,764 (18.4%) 0.00 83
    2022-04-01 $290,000 (23.3%) $333,365 (11.7%) 0.00 98
    2022-05-01 $299,500 (36.2%) $346,387 (17.6%) 0.00 95
    2022-06-01 $293,745 (32.1%) $335,678 (18.8%) 0.00 104
    2022-07-01 $299,999 (30.5%) $348,481 (23.6%) 0.00 107
    2022-08-01 $318,994 (26.8%) $376,547 (26.3%) 0.00 105
    2022-09-01 $325,500 (26.3%) $398,343 (29.8%) 0.00 104
    2022-10-01 $339,000 (27.0%) $396,944 (25.0%) 0.00 124
    2022-11-01 $326,750 (22.9%) $385,429 (11.5%) 0.00 138
    2022-12-01 $339,900 (23.4%) $399,342 (18.2%) 0.00 126
    2023-01-01 $347,250 (28.9%) $401,846 (19.0%) 0.00 114
    2023-02-01 $351,975 (33.1%) $428,281 (27.2%) 0.00 97
    2023-03-01 $332,675 (20.7%) $422,017 (30.4%) 0.00 88
    2023-04-01 $319,900 (10.3%) $409,650 (22.9%) 0.00 85
    2023-05-01 $332,450 (11.0%) $388,058 (12.0%) 0.00 94
    2023-06-01 $338,250 (15.2%) $398,300 (18.7%) 0.00 88
    2023-07-01 $339,900 (13.3%) $414,897 (19.1%) 0.00 91
    2023-08-01 $336,175 (5.4%) $396,675 (5.4%) 0.00 98
    2023-09-01 $333,383 (2.4%) $374,447 (-6.0%) 0.00 108
    2023-10-01 $329,725 (-2.7%) $371,372 (-6.4%) 0.00 128
    2023-11-01 $322,800 (-1.2%) $384,612 (-0.2%) 0.00 154
    2023-12-01 $325,000 (-4.4%) $399,184 (0.0%) 0.00 150
    2024-01-01 $324,925 (-6.4%) $398,269 (-0.9%) 0.00 146
    2024-02-01 $319,700 (-9.2%) $381,711 (-10.9%) 0.00 136
    2024-03-01 $330,900 (-0.5%) $396,235 (-6.1%) 0.00 124
    2024-04-01 $325,973 (1.9%) $396,386 (-3.2%) 0.00 138
    2024-05-01 $340,250 (2.4%) $413,129 (6.5%) 0.00 165
    2024-06-01 $340,000 (0.5%) $415,781 (4.4%) 0.00 161
    2024-07-01 $344,600 (1.4%) $424,957 (2.4%) 0.00 159
    2024-08-01 $349,900 (4.1%) $422,890 (6.6%) 0.00 151
    2024-09-01 $349,923 (5.0%) $409,141 (9.3%) 0.00 167
    2024-10-01 $347,450 (5.4%) $422,853 (13.9%) 0.00 151
    2024-11-01 $339,900 (5.3%) $431,643 (12.2%) 0.00 153
    Statesboro's median listing price for 2024-11-01 was $339,900, a difference of $17,100 (5.3%) versus the prior year and $-7,550 versus the prior month.

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

    Statesboro's average listing price for 2024-11-01 was $431,643, a difference of $47,031 (12.2%) versus the prior year and $8,790 versus the prior month.

    For the 2024-11-01 period, Statesboro had 153 MLS listings, a difference of 2 listings (1%) versus the prior month and -1 listings (-1%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Statesboro (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 1,810 sqft
    2018-03-01 0 days 1,841 sqft
    2018-04-01 0 days 1,853 sqft
    2018-05-01 0 days 1,841 sqft
    2018-06-01 0 days 1,845 sqft
    2018-07-01 0 days 1,882 sqft
    2018-08-01 0 days 1,877 sqft
    2018-09-01 0 days 1,845 sqft
    2018-10-01 0 days 1,850 sqft
    2018-11-01 0 days 1,922 sqft
    2018-12-01 0 days 1,922 sqft
    2019-01-01 0 days 1,895 sqft
    2019-02-01 0 days 1,904 sqft
    2019-03-01 0 days 1,893 sqft
    2019-04-01 0 days 1,923 sqft
    2019-05-01 0 days 1,930 sqft
    2019-06-01 0 days 1,966 sqft
    2019-07-01 0 days 1,964 sqft
    2019-08-01 0 days 1,946 sqft
    2019-09-01 0 days 1,929 sqft
    2019-10-01 0 days 1,921 sqft
    2019-11-01 0 days 1,934 sqft
    2019-12-01 0 days 1,956 sqft
    2020-01-01 0 days 1,962 sqft
    2020-02-01 0 days 1,965 sqft
    2020-03-01 0 days 2,098 sqft
    2020-04-01 0 days 2,150 sqft
    2020-05-01 0 days 2,201 sqft
    2020-06-01 0 days 2,219 sqft
    2020-07-01 0 days 2,205 sqft
    2020-08-01 0 days 2,185 sqft
    2020-09-01 0 days 2,232 sqft
    2020-10-01 0 days 2,008 sqft
    2020-11-01 0 days 1,958 sqft
    2020-12-01 0 days 1,944 sqft
    2021-01-01 0 days 1,915 sqft
    2021-02-01 0 days 1,959 sqft
    2021-03-01 0 days 1,961 sqft
    2021-04-01 0 days 2,055 sqft
    2021-05-01 0 days 1,991 sqft
    2021-06-01 0 days 1,986 sqft
    2021-07-01 0 days 1,986 sqft
    2021-08-01 0 days 2,042 sqft
    2021-09-01 0 days 2,114 sqft
    2021-10-01 0 days 2,068 sqft
    2021-11-01 0 days 2,120 sqft
    2021-12-01 0 days 2,089 sqft
    2022-01-01 0 days 2,110 sqft
    2022-02-01 0 days 2,046 sqft
    2022-03-01 0 days 1,985 sqft
    2022-04-01 0 days 2,016 sqft
    2022-05-01 0 days 2,111 sqft
    2022-06-01 0 days 2,041 sqft
    2022-07-01 0 days 2,065 sqft
    2022-08-01 0 days 2,127 sqft
    2022-09-01 0 days 2,196 sqft
    2022-10-01 0 days 2,282 sqft
    2022-11-01 0 days 2,200 sqft
    2022-12-01 0 days 2,363 sqft
    2023-01-01 0 days 2,445 sqft
    2023-02-01 0 days 2,433 sqft
    2023-03-01 0 days 2,294 sqft
    2023-04-01 0 days 2,040 sqft
    2023-05-01 0 days 2,089 sqft
    2023-06-01 0 days 2,063 sqft
    2023-07-01 0 days 2,100 sqft
    2023-08-01 0 days 2,048 sqft
    2023-09-01 0 days 1,961 sqft
    2023-10-01 0 days 1,913 sqft
    2023-11-01 0 days 1,911 sqft
    2023-12-01 0 days 1,890 sqft
    2024-01-01 0 days 1,936 sqft
    2024-02-01 0 days 1,891 sqft
    2024-03-01 0 days 2,005 sqft
    2024-04-01 0 days 1,932 sqft
    2024-05-01 0 days 1,910 sqft
    2024-06-01 0 days 1,978 sqft
    2024-07-01 0 days 1,983 sqft
    2024-08-01 0 days 1,979 sqft
    2024-09-01 0 days 1,981 sqft
    2024-10-01 0 days 1,990 sqft
    2024-11-01 0 days 1,952 sqft
    Statesboro's median listing age (time on market) for 2024-11-01 was 0 days.

    Statesboro's median square footage for active listings during the 2024-11-01 period was 1,952 sqft. One year prior, the average listing was 1,911 sqft.