Taylorville USDA Loan Rates, Closing Costs & Stats

Taylorville, IL

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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.

    Taylorville's 15 lenders originated 35 USDA loans during 2023. The total origination value was $3,005,000, with an average USDA loan value of $85,857.

    Taylorville USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Taylorville averaged 6.58% for the week of 2025-03-21, compared to the national average (all USDA variants) of 6.379% for the same period.

    Taylorville's average USDA mortgage closing costs are $3,541.

    The average rate for the prior week (2025-03-14) was 6.58% and one month ago for the week of 2025-02-14, the average rate was 6.82%.

    The average rate one year ago was 6.7%.

    For refis of the same type during the week of 2025-03-21, the average rate was 6.28%.

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

    Taylorville 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 Taylorville level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    NEWREZ LLC 6 6.71% $3,695
    GERSHMAN INVESTMENT CORP. 5 7.18% $3,661
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 4 7.22% $4,265
    Regions Bank 3 7.08% $3,764
    FLAT BRANCH MORTGAGE, INC. 3 7.13% $4,380
    CNB Bank And Trust, N.A. 3 7.29% $2,787
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 6.75% $6,265
    United Community Bank 1 6.63% $3,754
    UNITED WHOLESALE MORTGAGE, LLC 1 6.25% $5,094
    Flagstar Bank, FSB 1 5.50% $3,203
    GUARANTEED RATE, INC. 1 6.75% $6,569
    Heartland Bank and Trust Company 1 7.00% $2,865
    Midland States Bank 1 5.75% $5,547
    Petefish, Skiles & Co. 1 7.50% $3,789
    TOP FLITE FINANCIAL, INC. 1 7.50% $6,401

    The top Taylorville USDA lender as defined by loan originations is NEWREZ LLC, with 6 USDA loans originated. Their average total fees are $3,695, which is $34 higher than the next largest lender, GERSHMAN INVESTMENT CORP..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Taylorville (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 $88,000 (10.7%) $108,781 (2.5%) 0.00 149
    2018-02-01 $87,700 (14.1%) $107,365 (3.8%) 0.00 158
    2018-03-01 $87,500 (11.4%) $109,603 (8.6%) 0.00 159
    2018-04-01 $88,225 (10.4%) $113,824 (4.3%) 0.00 159
    2018-05-01 $88,800 (11.1%) $112,894 (0.9%) 0.00 169
    2018-06-01 $94,900 (15.9%) $117,943 (0.9%) 0.00 174
    2018-07-01 $92,075 (7.8%) $117,143 (0.4%) 0.00 180
    2018-08-01 $89,900 (2.2%) $113,504 (-4.5%) 0.00 189
    2018-09-01 $89,900 (4.7%) $111,386 (-3.5%) 0.00 199
    2018-10-01 $88,750 (1.9%) $106,432 (-3.4%) 0.00 199
    2018-11-01 $89,125 (4.3%) $105,786 (-0.7%) 0.00 187
    2018-12-01 $83,350 (-1.9%) $103,090 (-2.3%) 0.00 164
    2019-01-01 $80,550 (-8.5%) $97,073 (-10.8%) 0.00 168
    2019-02-01 $79,900 (-8.9%) $96,207 (-10.4%) 0.00 163
    2019-03-01 $79,500 (-9.1%) $98,511 (-10.1%) 0.00 149
    2019-04-01 $79,850 (-9.5%) $102,931 (-9.6%) 0.00 142
    2019-05-01 $78,000 (-12.2%) $100,226 (-11.2%) 0.00 150
    2019-06-01 $83,700 (-11.8%) $109,239 (-7.4%) 0.00 160
    2019-07-01 $79,900 (-13.2%) $109,522 (-6.5%) 0.00 152
    2019-08-01 $82,936 (-7.8%) $115,751 (2.0%) 0.00 160
    2019-09-01 $82,691 (-8.0%) $117,823 (5.8%) 0.00 161
    2019-10-01 $82,727 (-6.8%) $119,204 (12.0%) 0.00 161
    2019-11-01 $84,900 (-4.7%) $120,956 (14.3%) 0.00 156
    2019-12-01 $82,000 (-1.6%) $120,909 (17.3%) 0.00 135
    2020-01-01 $79,900 (-0.8%) $117,023 (20.6%) 0.00 132
    2020-02-01 $79,900 (0.0%) $114,487 (19.0%) 0.00 133
    2020-03-01 $79,900 (0.5%) $111,765 (13.5%) 0.00 127
    2020-04-01 $79,900 (0.1%) $113,237 (10.0%) 0.00 111
    2020-05-01 $79,900 (2.4%) $112,809 (12.6%) 0.00 110
    2020-06-01 $79,900 (-4.5%) $107,462 (-1.6%) 0.00 120
    2020-07-01 $79,900 (0.0%) $107,842 (-1.5%) 0.00 122
    2020-08-01 $79,900 (-3.7%) $112,387 (-2.9%) 0.00 116
    2020-09-01 $82,450 (-0.3%) $116,100 (-1.5%) 0.00 113
    2020-10-01 $79,900 (-3.4%) $111,499 (-6.5%) 0.00 120
    2020-11-01 $79,900 (-5.9%) $111,643 (-7.7%) 0.00 105
    2020-12-01 $81,800 (-0.2%) $121,888 (0.8%) 0.00 94
    2021-01-01 $78,450 (-1.8%) $115,086 (-1.7%) 0.00 83
    2021-02-01 $76,650 (-4.1%) $111,483 (-2.6%) 0.00 68
    2021-03-01 $79,200 (-0.9%) $116,795 (4.5%) 0.00 61
    2021-04-01 $77,800 (-2.6%) $117,191 (3.5%) 0.00 51
    2021-05-01 $82,500 (3.3%) $128,066 (13.5%) 0.00 55
    2021-06-01 $85,200 (6.6%) $134,174 (24.9%) 0.00 52
    2021-07-01 $82,500 (3.3%) $130,446 (21.0%) 0.00 60
    2021-08-01 $83,625 (4.7%) $114,826 (2.2%) 0.00 63
    2021-09-01 $77,400 (-6.1%) $101,035 (-13.0%) 0.00 69
    2021-10-01 $74,200 (-7.1%) $89,272 (-19.9%) 0.00 70
    2021-11-01 $72,825 (-8.9%) $90,685 (-18.8%) 0.00 64
    2021-12-01 $74,900 (-8.4%) $94,604 (-22.4%) 0.00 58
    2022-01-01 $74,900 (-4.5%) $98,058 (-14.8%) 0.00 52
    2022-02-01 $67,425 (-12.0%) $88,002 (-21.1%) 0.00 46
    2022-03-01 $71,250 (-10.0%) $101,946 (-12.7%) 0.00 38
    2022-04-01 $93,200 (19.8%) $121,848 (4.0%) 0.00 42
    2022-05-01 $95,350 (15.6%) $120,269 (-6.1%) 0.00 48
    2022-06-01 $83,650 (-1.8%) $114,693 (-14.5%) 0.00 46
    2022-07-01 $83,000 (0.6%) $126,706 (-2.9%) 0.00 41
    2022-08-01 $92,300 (10.4%) $126,837 (10.5%) 0.00 55
    2022-09-01 $87,464 (13.0%) $122,444 (21.2%) 0.00 55
    2022-10-01 $103,900 (40.0%) $144,458 (61.8%) 0.00 53
    2022-11-01 $111,450 (53.0%) $148,144 (63.4%) 0.00 56
    2022-12-01 $92,950 (24.1%) $138,339 (46.2%) 0.00 57
    2023-01-01 $92,850 (24.0%) $127,837 (30.4%) 0.00 54
    2023-02-01 $107,300 (59.1%) $134,416 (52.7%) 0.00 39
    2023-03-01 $103,650 (45.5%) $142,039 (39.3%) 0.00 41
    2023-04-01 $117,400 (26.0%) $148,376 (21.8%) 0.00 38
    2023-05-01 $114,850 (20.5%) $147,402 (22.6%) 0.00 36
    2023-06-01 $112,000 (33.9%) $162,933 (42.1%) 0.00 36
    2023-07-01 $103,450 (24.6%) $147,421 (16.4%) 0.00 37
    2023-08-01 $147,425 (59.7%) $162,332 (28.0%) 0.00 38
    2023-09-01 $145,000 (65.8%) $162,411 (32.6%) 0.00 47
    2023-10-01 $138,550 (33.4%) $160,802 (11.3%) 0.00 56
    2023-11-01 $146,200 (31.2%) $166,741 (12.6%) 0.00 57
    2023-12-01 $140,000 (50.6%) $161,155 (16.5%) 0.00 49
    2024-01-01 $146,225 (57.5%) $164,780 (28.9%) 0.00 46
    2024-02-01 $134,450 (25.3%) $166,759 (24.1%) 0.00 38
    2024-03-01 $128,750 (24.2%) $156,133 (9.9%) 0.00 35
    2024-04-01 $142,425 (21.3%) $174,200 (17.4%) 0.00 33
    2024-05-01 $141,250 (23.0%) $178,175 (20.9%) 0.00 38
    2024-06-01 $142,450 (27.2%) $174,021 (6.8%) 0.00 43
    2024-07-01 $162,400 (57.0%) $184,495 (25.2%) 0.00 47
    2024-08-01 $152,900 (3.7%) $177,952 (9.6%) 0.00 53
    2024-09-01 $134,925 (-7.0%) $180,029 (10.9%) 0.00 64
    2024-10-01 $129,875 (-6.3%) $174,675 (8.6%) 0.00 70
    2024-11-01 $144,900 (-0.9%) $171,312 (2.7%) 0.00 64
    2024-12-01 $129,250 (-7.7%) $164,409 (2.0%) 0.00 60
    2025-01-01 $144,900 (-0.9%) $175,125 (6.3%) 0.00 50
    2025-02-01 $144,950 (7.8%) $185,572 (11.3%) 0.00 52
    Taylorville's median listing price for 2025-02-01 was $144,950, a difference of $10,500 (7.8%) versus the prior year and $50 versus the prior month.

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

    Taylorville's average listing price for 2025-02-01 was $185,572, a difference of $18,813 (11.3%) versus the prior year and $10,447 versus the prior month.

    For the 2025-02-01 period, Taylorville had 52 MLS listings, a difference of 2 listings (4%) versus the prior month and 14 listings (37%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Taylorville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,451 sqft
    2018-02-01 0 days 1,432 sqft
    2018-03-01 0 days 1,421 sqft
    2018-04-01 0 days 1,473 sqft
    2018-05-01 0 days 1,431 sqft
    2018-06-01 0 days 1,432 sqft
    2018-07-01 0 days 1,414 sqft
    2018-08-01 0 days 1,346 sqft
    2018-09-01 0 days 1,342 sqft
    2018-10-01 0 days 1,269 sqft
    2018-11-01 0 days 1,320 sqft
    2018-12-01 0 days 1,335 sqft
    2019-01-01 0 days 1,356 sqft
    2019-02-01 0 days 1,375 sqft
    2019-03-01 0 days 1,295 sqft
    2019-04-01 0 days 1,307 sqft
    2019-05-01 0 days 1,274 sqft
    2019-06-01 0 days 1,316 sqft
    2019-07-01 0 days 1,322 sqft
    2019-08-01 0 days 1,375 sqft
    2019-09-01 0 days 1,411 sqft
    2019-10-01 0 days 1,461 sqft
    2019-11-01 0 days 1,559 sqft
    2019-12-01 0 days 1,547 sqft
    2020-01-01 0 days 1,372 sqft
    2020-02-01 0 days 1,396 sqft
    2020-03-01 0 days 1,384 sqft
    2020-04-01 0 days 1,398 sqft
    2020-05-01 0 days 1,362 sqft
    2020-06-01 0 days 1,290 sqft
    2020-07-01 0 days 1,266 sqft
    2020-08-01 0 days 1,296 sqft
    2020-09-01 0 days 1,389 sqft
    2020-10-01 0 days 1,296 sqft
    2020-11-01 0 days 1,270 sqft
    2020-12-01 0 days 1,383 sqft
    2021-01-01 0 days 1,292 sqft
    2021-02-01 0 days 1,296 sqft
    2021-03-01 0 days 1,308 sqft
    2021-04-01 0 days 1,253 sqft
    2021-05-01 0 days 1,440 sqft
    2021-06-01 0 days 1,296 sqft
    2021-07-01 0 days 1,296 sqft
    2021-08-01 0 days 1,164 sqft
    2021-09-01 0 days 1,137 sqft
    2021-10-01 0 days 1,135 sqft
    2021-11-01 0 days 1,202 sqft
    2021-12-01 0 days 1,200 sqft
    2022-01-01 0 days 1,200 sqft
    2022-02-01 0 days 1,104 sqft
    2022-03-01 0 days 1,240 sqft
    2022-04-01 0 days 1,343 sqft
    2022-05-01 0 days 1,396 sqft
    2022-06-01 0 days 1,351 sqft
    2022-07-01 0 days 1,408 sqft
    2022-08-01 0 days 1,380 sqft
    2022-09-01 0 days 1,377 sqft
    2022-10-01 0 days 1,444 sqft
    2022-11-01 0 days 1,545 sqft
    2022-12-01 0 days 1,392 sqft
    2023-01-01 0 days 1,492 sqft
    2023-02-01 0 days 1,592 sqft
    2023-03-01 0 days 1,532 sqft
    2023-04-01 0 days 1,467 sqft
    2023-05-01 0 days 1,445 sqft
    2023-06-01 0 days 1,623 sqft
    2023-07-01 0 days 1,572 sqft
    2023-08-01 0 days 1,690 sqft
    2023-09-01 0 days 1,680 sqft
    2023-10-01 0 days 1,654 sqft
    2023-11-01 0 days 1,662 sqft
    2023-12-01 0 days 1,659 sqft
    2024-01-01 0 days 1,706 sqft
    2024-02-01 0 days 1,680 sqft
    2024-03-01 0 days 1,713 sqft
    2024-04-01 0 days 1,720 sqft
    2024-05-01 0 days 1,712 sqft
    2024-06-01 0 days 1,553 sqft
    2024-07-01 0 days 1,678 sqft
    2024-08-01 0 days 1,816 sqft
    2024-09-01 0 days 1,840 sqft
    2024-10-01 0 days 1,715 sqft
    2024-11-01 0 days 1,700 sqft
    2024-12-01 0 days 1,671 sqft
    2025-01-01 0 days 1,739 sqft
    2025-02-01 0 days 1,733 sqft
    Taylorville's median listing age (time on market) for 2025-02-01 was 0 days.

    Taylorville's median square footage for active listings during the 2025-02-01 period was 1,733 sqft. One year prior, the average listing was 1,680 sqft.