Talladega USDA Loan Rates, Closing Costs & Stats

Talladega-Sylacauga, AL

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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.

    Talladega's 17 lenders originated 51 USDA loans during 2023. The total origination value was $8,615,000, with an average USDA loan value of $168,922.

    Talladega USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Talladega averaged 6.65% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Talladega's average USDA mortgage closing costs are $4,663.

    The average rate for the prior week (2025-02-07) was 6.71% and one month ago for the week of 2025-01-10, the average rate was 6.55%.

    The average rate one year ago was 6.45%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.53%.

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

    Talladega 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 Talladega level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    MOVEMENT MORTGAGE, LLC 13 6.91% $5,987
    UNITED WHOLESALE MORTGAGE, LLC 6 6.40% $5,646
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 6.28% $5,092
    CORNERSTONE HOME LENDING, INC. 4 6.03% $7,076
    SouthPoint Bank 3 6.88% $2,671
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.94% $4,186
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 6.75% $8,069
    Prosperity Home Mortgage, LLC 2 6.24% $4,824
    RELIANCE FIRST CAPITAL, LLC 2 6.88% $3,765
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 6.81% $4,785
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.38% $7,781
    BAY EQUITY LLC 1 6.75% $4,876
    Assurance Financial Group, L.L.C. 1 6.13% $6,909
    Renasant Bank 1 6.25% $7,203
    GUILD MORTGAGE COMPANY 1 6.63% $5,664
    HOMESTAR FINANCIAL CORPORATION 1 6.75% $5,567
    First Horizon Bank 1 6.63% $3,658

    The top Talladega USDA lender as defined by loan originations is MOVEMENT MORTGAGE, LLC, with 13 USDA loans originated. Their average total fees are $5,987, which is $341 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Talladega USDA lenders (with over 10 loans originated) are MOVEMENT MORTGAGE, LLC ($5,987), .

    The lowest rate Talladega USDA lenders (with over 10 loans originated) are MOVEMENT MORTGAGE, LLC (6.91%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Talladega (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 $161,525 (12.7%) $217,997 (10.4%) 0.00 327
    2018-02-01 $159,450 (7.1%) $215,027 (4.6%) 0.00 321
    2018-03-01 $163,500 (7.6%) $228,509 (5.6%) 0.00 322
    2018-04-01 $169,900 (9.7%) $243,919 (10.3%) 0.00 310
    2018-05-01 $173,200 (7.3%) $245,457 (8.5%) 0.00 311
    2018-06-01 $175,000 (7.7%) $247,328 (10.0%) 0.00 318
    2018-07-01 $169,900 (3.0%) $242,930 (8.7%) 0.00 325
    2018-08-01 $167,875 (1.8%) $239,847 (9.2%) 0.00 341
    2018-09-01 $169,900 (6.4%) $242,808 (13.2%) 0.00 346
    2018-10-01 $166,750 (4.6%) $250,148 (17.3%) 0.00 359
    2018-11-01 $168,625 (5.4%) $255,744 (18.5%) 0.00 349
    2018-12-01 $159,500 (-0.3%) $252,995 (18.2%) 0.00 325
    2019-01-01 $159,900 (-1.0%) $248,492 (14.0%) 0.00 318
    2019-02-01 $160,900 (0.9%) $244,921 (13.9%) 0.00 323
    2019-03-01 $167,043 (2.2%) $258,982 (13.3%) 0.00 315
    2019-04-01 $172,400 (1.5%) $267,450 (9.7%) 0.00 317
    2019-05-01 $185,425 (7.1%) $271,826 (10.7%) 0.00 325
    2019-06-01 $186,200 (6.4%) $270,386 (9.3%) 0.00 334
    2019-07-01 $170,575 (0.4%) $261,590 (7.7%) 0.00 356
    2019-08-01 $172,136 (2.5%) $261,567 (9.1%) 0.00 366
    2019-09-01 $173,466 (2.1%) $261,483 (7.7%) 0.00 371
    2019-10-01 $174,700 (4.8%) $263,233 (5.2%) 0.00 367
    2019-11-01 $172,900 (2.5%) $252,160 (-1.4%) 0.00 345
    2019-12-01 $172,900 (8.4%) $240,721 (-4.9%) 0.00 340
    2020-01-01 $173,700 (8.6%) $253,423 (2.0%) 0.00 311
    2020-02-01 $170,000 (5.7%) $254,037 (3.7%) 0.00 308
    2020-03-01 $169,950 (1.7%) $248,138 (-4.2%) 0.00 309
    2020-04-01 $171,108 (-0.8%) $250,706 (-6.3%) 0.00 306
    2020-05-01 $180,400 (-2.7%) $258,994 (-4.7%) 0.00 286
    2020-06-01 $184,800 (-0.8%) $255,741 (-5.4%) 0.00 254
    2020-07-01 $191,298 (12.2%) $266,273 (1.8%) 0.00 218
    2020-08-01 $189,450 (10.1%) $256,721 (-1.9%) 0.00 195
    2020-09-01 $187,950 (8.4%) $264,473 (1.1%) 0.00 184
    2020-10-01 $187,950 (7.6%) $278,676 (5.9%) 0.00 168
    2020-11-01 $185,843 (7.5%) $263,604 (4.5%) 0.00 179
    2020-12-01 $184,478 (6.7%) $255,134 (6.0%) 0.00 177
    2021-01-01 $185,065 (6.5%) $276,939 (9.3%) 0.00 157
    2021-02-01 $172,400 (1.4%) $270,862 (6.6%) 0.00 139
    2021-03-01 $176,675 (4.0%) $266,667 (7.5%) 0.00 146
    2021-04-01 $177,400 (3.7%) $284,306 (13.4%) 0.00 134
    2021-05-01 $186,230 (3.2%) $300,185 (15.9%) 0.00 139
    2021-06-01 $204,850 (10.9%) $316,171 (23.6%) 0.00 133
    2021-07-01 $224,900 (17.6%) $315,509 (18.5%) 0.00 155
    2021-08-01 $199,900 (5.5%) $308,269 (20.1%) 0.00 169
    2021-09-01 $191,250 (1.8%) $300,876 (13.8%) 0.00 162
    2021-10-01 $189,950 (1.1%) $306,654 (10.0%) 0.00 167
    2021-11-01 $178,250 (-4.1%) $308,079 (16.9%) 0.00 149
    2021-12-01 $179,500 (-2.7%) $320,619 (25.7%) 0.00 141
    2022-01-01 $189,900 (2.6%) $330,329 (19.3%) 0.00 132
    2022-02-01 $202,973 (17.7%) $323,230 (19.3%) 0.00 121
    2022-03-01 $189,750 (7.4%) $292,513 (9.7%) 0.00 105
    2022-04-01 $198,000 (11.6%) $299,844 (5.5%) 0.00 120
    2022-05-01 $215,975 (16.0%) $312,601 (4.1%) 0.00 159
    2022-06-01 $220,873 (7.8%) $292,600 (-7.5%) 0.00 176
    2022-07-01 $221,000 (-1.7%) $287,442 (-8.9%) 0.00 191
    2022-08-01 $228,125 (14.1%) $303,199 (-1.6%) 0.00 203
    2022-09-01 $230,000 (20.3%) $300,024 (-0.3%) 0.00 203
    2022-10-01 $233,025 (22.7%) $308,131 (0.5%) 0.00 202
    2022-11-01 $219,975 (23.4%) $295,569 (-4.1%) 0.00 229
    2022-12-01 $222,190 (23.8%) $288,699 (-10.0%) 0.00 216
    2023-01-01 $218,975 (15.3%) $284,879 (-13.8%) 0.00 204
    2023-02-01 $199,935 (-1.5%) $265,893 (-17.7%) 0.00 199
    2023-03-01 $203,805 (7.4%) $272,791 (-6.7%) 0.00 184
    2023-04-01 $207,300 (4.7%) $280,422 (-6.5%) 0.00 172
    2023-05-01 $207,853 (-3.8%) $275,695 (-11.8%) 0.00 173
    2023-06-01 $205,480 (-7.0%) $270,895 (-7.4%) 0.00 205
    2023-07-01 $219,260 (-0.8%) $275,706 (-4.1%) 0.00 220
    2023-08-01 $215,478 (-5.5%) $283,664 (-6.4%) 0.00 206
    2023-09-01 $213,681 (-7.1%) $265,110 (-11.6%) 0.00 215
    2023-10-01 $214,855 (-7.8%) $268,429 (-12.9%) 0.00 237
    2023-11-01 $220,355 (0.2%) $275,489 (-6.8%) 0.00 229
    2023-12-01 $225,570 (1.5%) $285,880 (-1.0%) 0.00 226
    2024-01-01 $219,450 (0.2%) $271,650 (-4.6%) 0.00 228
    2024-02-01 $225,750 (12.9%) $286,602 (7.8%) 0.00 223
    2024-03-01 $234,450 (15.0%) $321,247 (17.8%) 0.00 222
    2024-04-01 $239,900 (15.7%) $349,307 (24.6%) 0.00 236
    2024-05-01 $239,975 (15.5%) $342,388 (24.2%) 0.00 244
    2024-06-01 $228,000 (11.0%) $340,277 (25.6%) 0.00 253
    2024-07-01 $225,035 (2.6%) $332,070 (20.4%) 0.00 273
    2024-08-01 $229,150 (6.4%) $322,122 (13.6%) 0.00 311
    2024-09-01 $229,388 (7.4%) $327,636 (23.6%) 0.00 293
    2024-10-01 $227,473 (5.9%) $315,721 (17.6%) 0.00 312
    2024-11-01 $229,900 (4.3%) $323,981 (17.6%) 0.00 302
    2024-12-01 $224,995 (-0.3%) $324,438 (13.5%) 0.00 286
    2025-01-01 $228,900 (4.3%) $324,322 (19.4%) 0.00 291
    Talladega's median listing price for 2025-01-01 was $228,900, a difference of $9,450 (4.3%) versus the prior year and $3,905 versus the prior month.

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

    Talladega's average listing price for 2025-01-01 was $324,322, a difference of $52,672 (19.4%) versus the prior year and $-116 versus the prior month.

    For the 2025-01-01 period, Talladega had 291 MLS listings, a difference of 5 listings (2%) versus the prior month and 63 listings (28%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Talladega (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,001 sqft
    2018-02-01 0 days 1,983 sqft
    2018-03-01 0 days 1,999 sqft
    2018-04-01 0 days 2,005 sqft
    2018-05-01 0 days 1,998 sqft
    2018-06-01 0 days 2,002 sqft
    2018-07-01 0 days 1,939 sqft
    2018-08-01 0 days 1,906 sqft
    2018-09-01 0 days 1,888 sqft
    2018-10-01 0 days 1,859 sqft
    2018-11-01 0 days 1,887 sqft
    2018-12-01 0 days 1,860 sqft
    2019-01-01 0 days 1,825 sqft
    2019-02-01 0 days 1,800 sqft
    2019-03-01 0 days 1,835 sqft
    2019-04-01 0 days 1,874 sqft
    2019-05-01 0 days 1,894 sqft
    2019-06-01 0 days 1,853 sqft
    2019-07-01 0 days 1,806 sqft
    2019-08-01 0 days 1,813 sqft
    2019-09-01 0 days 1,793 sqft
    2019-10-01 0 days 1,791 sqft
    2019-11-01 0 days 1,802 sqft
    2019-12-01 0 days 1,802 sqft
    2020-01-01 0 days 1,838 sqft
    2020-02-01 0 days 1,874 sqft
    2020-03-01 0 days 1,831 sqft
    2020-04-01 0 days 1,821 sqft
    2020-05-01 0 days 1,881 sqft
    2020-06-01 0 days 1,803 sqft
    2020-07-01 0 days 1,890 sqft
    2020-08-01 0 days 1,930 sqft
    2020-09-01 0 days 1,901 sqft
    2020-10-01 0 days 1,909 sqft
    2020-11-01 0 days 1,871 sqft
    2020-12-01 0 days 1,820 sqft
    2021-01-01 0 days 1,839 sqft
    2021-02-01 0 days 1,733 sqft
    2021-03-01 0 days 1,721 sqft
    2021-04-01 0 days 1,744 sqft
    2021-05-01 0 days 1,691 sqft
    2021-06-01 0 days 1,783 sqft
    2021-07-01 0 days 1,840 sqft
    2021-08-01 0 days 1,777 sqft
    2021-09-01 0 days 1,713 sqft
    2021-10-01 0 days 1,752 sqft
    2021-11-01 0 days 1,794 sqft
    2021-12-01 0 days 1,722 sqft
    2022-01-01 0 days 1,705 sqft
    2022-02-01 0 days 1,750 sqft
    2022-03-01 0 days 1,700 sqft
    2022-04-01 0 days 1,718 sqft
    2022-05-01 0 days 1,696 sqft
    2022-06-01 0 days 1,644 sqft
    2022-07-01 0 days 1,664 sqft
    2022-08-01 0 days 1,758 sqft
    2022-09-01 0 days 1,844 sqft
    2022-10-01 0 days 1,874 sqft
    2022-11-01 0 days 1,795 sqft
    2022-12-01 0 days 1,750 sqft
    2023-01-01 0 days 1,758 sqft
    2023-02-01 0 days 1,605 sqft
    2023-03-01 0 days 1,628 sqft
    2023-04-01 0 days 1,676 sqft
    2023-05-01 0 days 1,668 sqft
    2023-06-01 0 days 1,593 sqft
    2023-07-01 0 days 1,620 sqft
    2023-08-01 0 days 1,596 sqft
    2023-09-01 0 days 1,573 sqft
    2023-10-01 0 days 1,625 sqft
    2023-11-01 0 days 1,649 sqft
    2023-12-01 0 days 1,679 sqft
    2024-01-01 0 days 1,652 sqft
    2024-02-01 0 days 1,759 sqft
    2024-03-01 0 days 1,828 sqft
    2024-04-01 0 days 1,799 sqft
    2024-05-01 0 days 1,808 sqft
    2024-06-01 0 days 1,698 sqft
    2024-07-01 0 days 1,625 sqft
    2024-08-01 0 days 1,631 sqft
    2024-09-01 0 days 1,650 sqft
    2024-10-01 0 days 1,657 sqft
    2024-11-01 0 days 1,680 sqft
    2024-12-01 0 days 1,684 sqft
    2025-01-01 0 days 1,685 sqft
    Talladega's median listing age (time on market) for 2025-01-01 was 0 days.

    Talladega's median square footage for active listings during the 2025-01-01 period was 1,685 sqft. One year prior, the average listing was 1,652 sqft.