Thomaston USDA Loan Rates, Closing Costs & Stats
Thomaston, 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.
Thomaston's 13 lenders originated 25 USDA loans during 2023. The total origination value was $4,735,000, with an average USDA loan value of $189,400.
Thomaston USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Thomaston
averaged
6.73%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Thomaston's average USDA mortgage closing costs are $4,306.
The average rate for the prior week (2024-04-12) was
6.49% and
one month ago for the week of 2024-03-15, the
average rate was 6.77%.
The average rate one year ago was 6.21%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.76%.
Thomaston 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 Thomaston level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| VAN DYK MORTGAGE CORPORATION | 7 | 7.21% | $2,764 |
| Plains Commerce Bank | 3 | 6.33% | $6,944 |
| SOUTHPOINT FINANCIAL SERVICES, INC. | 3 | 6.92% | $2,994 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 2 | 7.62% | $7,713 |
| UNITED WHOLESALE MORTGAGE, LLC | 2 | 6.31% | $5,839 |
| Ameris Bank | 1 | 6.13% | $7,523 |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | 1 | 5.75% | $2,816 |
| MOVEMENT MORTGAGE, LLC | 1 | 6.25% | $8,367 |
| MORTGAGE INVESTORS GROUP, INC. | 1 | 6.63% | $5,531 |
| BROKER SOLUTIONS, INC. | 1 | 5.75% | $8,585 |
| CMG MORTGAGE, INC. | 1 | 7.25% | $6,561 |
| HOMESTAR FINANCIAL CORPORATION | 1 | 5.50% | $2,975 |
| Hometown Equity Mortgage, LLC | 1 | 6.13% | $6,178 |
The top Thomaston USDA lender as defined by loan originations is VAN DYK MORTGAGE CORPORATION, with
7 USDA loans originated. Their average total fees are
$2,764, which is $4,180
lower than the next largest lender,
Plains Commerce Bank.
The lowest fee Thomaston USDA lenders (with over 10 loans originated) are
.
The lowest rate Thomaston USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Thomaston (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 | $116,875 (12.7%) | $178,756 (20.6%) | 0.00 | 102 |
| 2018-02-01 | $114,475 (16.8%) | $177,982 (26.9%) | 0.00 | 101 |
| 2018-03-01 | $109,950 (15.9%) | $172,557 (28.2%) | 0.00 | 90 |
| 2018-04-01 | $119,750 (33.2%) | $188,357 (40.4%) | 0.00 | 82 |
| 2018-05-01 | $125,125 (39.2%) | $193,265 (41.9%) | 0.00 | 83 |
| 2018-06-01 | $119,450 (33.0%) | $188,278 (38.8%) | 0.00 | 81 |
| 2018-07-01 | $125,125 (25.3%) | $198,906 (38.1%) | 0.00 | 87 |
| 2018-08-01 | $123,500 (8.5%) | $190,138 (19.5%) | 0.00 | 91 |
| 2018-09-01 | $118,500 (3.3%) | $180,028 (10.1%) | 0.00 | 92 |
| 2018-10-01 | $143,325 (21.6%) | $202,570 (28.7%) | 0.00 | 89 |
| 2018-11-01 | $155,925 (30.1%) | $213,536 (24.0%) | 0.00 | 87 |
| 2018-12-01 | $144,950 (21.1%) | $246,029 (39.0%) | 0.00 | 86 |
| 2019-01-01 | $153,700 (31.5%) | $257,465 (44.0%) | 0.00 | 87 |
| 2019-02-01 | $149,900 (31.0%) | $247,173 (38.9%) | 0.00 | 94 |
| 2019-03-01 | $153,136 (39.3%) | $263,653 (52.8%) | 0.00 | 84 |
| 2019-04-01 | $156,911 (31.0%) | $274,816 (45.9%) | 0.00 | 81 |
| 2019-05-01 | $148,700 (18.8%) | $275,327 (42.5%) | 0.00 | 84 |
| 2019-06-01 | $156,499 (31.0%) | $247,851 (31.6%) | 0.00 | 107 |
| 2019-07-01 | $151,999 (21.5%) | $231,836 (16.6%) | 0.00 | 102 |
| 2019-08-01 | $154,181 (24.8%) | $224,803 (18.2%) | 0.00 | 96 |
| 2019-09-01 | $155,204 (31.0%) | $214,780 (19.3%) | 0.00 | 92 |
| 2019-10-01 | $153,885 (7.4%) | $203,190 (0.3%) | 0.00 | 90 |
| 2019-11-01 | $149,900 (-3.9%) | $197,010 (-7.7%) | 0.00 | 96 |
| 2019-12-01 | $147,425 (1.7%) | $187,188 (-23.9%) | 0.00 | 92 |
| 2020-01-01 | $147,450 (-4.1%) | $197,151 (-23.4%) | 0.00 | 89 |
| 2020-02-01 | $149,900 (0.0%) | $212,606 (-14.0%) | 0.00 | 78 |
| 2020-03-01 | $145,000 (-5.3%) | $212,511 (-19.4%) | 0.00 | 77 |
| 2020-04-01 | $154,100 (-1.8%) | $202,595 (-26.3%) | 0.00 | 74 |
| 2020-05-01 | $152,999 (2.9%) | $200,582 (-27.2%) | 0.00 | 65 |
| 2020-06-01 | $161,999 (3.5%) | $216,308 (-12.7%) | 0.00 | 56 |
| 2020-07-01 | $163,450 (7.5%) | $212,262 (-8.4%) | 0.00 | 51 |
| 2020-08-01 | $164,900 (7.0%) | $232,466 (3.4%) | 0.00 | 43 |
| 2020-09-01 | $156,425 (0.8%) | $236,206 (10.0%) | 0.00 | 45 |
| 2020-10-01 | $174,450 (13.4%) | $239,309 (17.8%) | 0.00 | 45 |
| 2020-11-01 | $164,999 (10.1%) | $225,133 (14.3%) | 0.00 | 47 |
| 2020-12-01 | $149,900 (1.7%) | $201,872 (7.8%) | 0.00 | 49 |
| 2021-01-01 | $134,950 (-8.5%) | $204,429 (3.7%) | 0.00 | 48 |
| 2021-02-01 | $134,925 (-10.0%) | $256,993 (20.9%) | 0.00 | 43 |
| 2021-03-01 | $137,500 (-5.2%) | $226,699 (6.7%) | 0.00 | 31 |
| 2021-04-01 | $160,000 (3.8%) | $253,973 (25.4%) | 0.00 | 30 |
| 2021-05-01 | $183,700 (20.1%) | $251,279 (25.3%) | 0.00 | 24 |
| 2021-06-01 | $198,675 (22.6%) | $277,293 (28.2%) | 0.00 | 36 |
| 2021-07-01 | $204,950 (25.4%) | $312,544 (47.2%) | 0.00 | 34 |
| 2021-08-01 | $202,450 (22.8%) | $331,240 (42.5%) | 0.00 | 35 |
| 2021-09-01 | $194,900 (24.6%) | $302,881 (28.2%) | 0.00 | 49 |
| 2021-10-01 | $199,900 (14.6%) | $316,985 (32.5%) | 0.00 | 47 |
| 2021-11-01 | $194,400 (17.8%) | $280,690 (24.7%) | 0.00 | 34 |
| 2021-12-01 | $193,150 (28.9%) | $282,174 (39.8%) | 0.00 | 29 |
| 2022-01-01 | $199,900 (48.1%) | $309,015 (51.2%) | 0.00 | 24 |
| 2022-02-01 | $229,900 (70.4%) | $333,846 (29.9%) | 0.00 | 29 |
| 2022-03-01 | $213,900 (55.6%) | $289,830 (27.9%) | 0.00 | 39 |
| 2022-04-01 | $215,000 (34.4%) | $275,807 (8.6%) | 0.00 | 41 |
| 2022-05-01 | $203,500 (10.8%) | $285,733 (13.7%) | 0.00 | 47 |
| 2022-06-01 | $198,625 (0.0%) | $264,280 (-4.7%) | 0.00 | 63 |
| 2022-07-01 | $199,500 (-2.7%) | $269,163 (-13.9%) | 0.00 | 80 |
| 2022-08-01 | $202,250 (-0.1%) | $270,318 (-18.4%) | 0.00 | 96 |
| 2022-09-01 | $216,200 (10.9%) | $274,707 (-9.3%) | 0.00 | 102 |
| 2022-10-01 | $221,000 (10.6%) | $278,349 (-12.2%) | 0.00 | 108 |
| 2022-11-01 | $207,550 (6.8%) | $267,118 (-4.8%) | 0.00 | 115 |
| 2022-12-01 | $215,000 (11.3%) | $277,697 (-1.6%) | 0.00 | 102 |
| 2023-01-01 | $198,650 (-0.6%) | $268,788 (-13.0%) | 0.00 | 90 |
| 2023-02-01 | $179,900 (-21.8%) | $257,744 (-22.8%) | 0.00 | 88 |
| 2023-03-01 | $183,450 (-14.2%) | $255,832 (-11.7%) | 0.00 | 79 |
| 2023-04-01 | $183,700 (-14.6%) | $276,668 (0.3%) | 0.00 | 70 |
| 2023-05-01 | $177,200 (-12.9%) | $282,713 (-1.1%) | 0.00 | 62 |
| 2023-06-01 | $228,950 (15.3%) | $329,774 (24.8%) | 0.00 | 42 |
| 2023-07-01 | $234,900 (17.7%) | $299,352 (11.2%) | 0.00 | 44 |
| 2023-08-01 | $231,800 (14.6%) | $262,941 (-2.7%) | 0.00 | 58 |
| 2023-09-01 | $214,900 (-0.6%) | $254,559 (-7.3%) | 0.00 | 64 |
| 2023-10-01 | $206,250 (-6.7%) | $261,543 (-6.0%) | 0.00 | 75 |
| 2023-11-01 | $217,450 (4.8%) | $294,151 (10.1%) | 0.00 | 79 |
| 2023-12-01 | $212,500 (-1.2%) | $296,120 (6.6%) | 0.00 | 80 |
| 2024-01-01 | $216,200 (8.8%) | $311,577 (15.9%) | 0.00 | 73 |
| 2024-02-01 | $248,675 (38.2%) | $352,273 (36.7%) | 0.00 | 69 |
| 2024-03-01 | $225,000 (22.7%) | $346,467 (35.4%) | 0.00 | 73 |
Thomaston's median listing price comes in at 0% of the national average.
Thomaston's average listing price for 2024-03-01 was $346,467, a difference of $90,635 (35.4%) versus the prior year and $-5,806 versus the prior month.
For the 2024-03-01 period, Thomaston had 73 MLS listings, a difference of 4 listings (6%) versus the prior month and -6 listings (-8%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Thomaston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,941 sqft |
| 2018-02-01 | 0 days | 1,911 sqft |
| 2018-03-01 | 0 days | 1,900 sqft |
| 2018-04-01 | 0 days | 1,965 sqft |
| 2018-05-01 | 0 days | 1,851 sqft |
| 2018-06-01 | 0 days | 1,897 sqft |
| 2018-07-01 | 0 days | 1,945 sqft |
| 2018-08-01 | 0 days | 1,900 sqft |
| 2018-09-01 | 0 days | 1,720 sqft |
| 2018-10-01 | 0 days | 1,752 sqft |
| 2018-11-01 | 0 days | 1,924 sqft |
| 2018-12-01 | 0 days | 1,971 sqft |
| 2019-01-01 | 0 days | 1,986 sqft |
| 2019-02-01 | 0 days | 1,979 sqft |
| 2019-03-01 | 0 days | 2,028 sqft |
| 2019-04-01 | 0 days | 2,043 sqft |
| 2019-05-01 | 0 days | 2,056 sqft |
| 2019-06-01 | 0 days | 1,972 sqft |
| 2019-07-01 | 0 days | 1,930 sqft |
| 2019-08-01 | 0 days | 1,891 sqft |
| 2019-09-01 | 0 days | 1,843 sqft |
| 2019-10-01 | 0 days | 1,778 sqft |
| 2019-11-01 | 0 days | 1,750 sqft |
| 2019-12-01 | 0 days | 1,698 sqft |
| 2020-01-01 | 0 days | 1,750 sqft |
| 2020-02-01 | 0 days | 1,772 sqft |
| 2020-03-01 | 0 days | 1,747 sqft |
| 2020-04-01 | 0 days | 1,825 sqft |
| 2020-05-01 | 0 days | 1,731 sqft |
| 2020-06-01 | 0 days | 1,749 sqft |
| 2020-07-01 | 0 days | 1,833 sqft |
| 2020-08-01 | 0 days | 1,968 sqft |
| 2020-09-01 | 0 days | 1,763 sqft |
| 2020-10-01 | 0 days | 1,972 sqft |
| 2020-11-01 | 0 days | 1,890 sqft |
| 2020-12-01 | 0 days | 1,640 sqft |
| 2021-01-01 | 0 days | 1,632 sqft |
| 2021-02-01 | 0 days | 1,665 sqft |
| 2021-03-01 | 0 days | 1,602 sqft |
| 2021-04-01 | 0 days | 1,698 sqft |
| 2021-05-01 | 0 days | 1,748 sqft |
| 2021-06-01 | 0 days | 1,885 sqft |
| 2021-07-01 | 0 days | 1,775 sqft |
| 2021-08-01 | 0 days | 1,904 sqft |
| 2021-09-01 | 0 days | 1,750 sqft |
| 2021-10-01 | 0 days | 1,800 sqft |
| 2021-11-01 | 0 days | 1,672 sqft |
| 2021-12-01 | 0 days | 1,820 sqft |
| 2022-01-01 | 0 days | 1,765 sqft |
| 2022-02-01 | 0 days | 1,877 sqft |
| 2022-03-01 | 0 days | 1,540 sqft |
| 2022-04-01 | 0 days | 1,616 sqft |
| 2022-05-01 | 0 days | 1,664 sqft |
| 2022-06-01 | 0 days | 1,578 sqft |
| 2022-07-01 | 0 days | 1,609 sqft |
| 2022-08-01 | 0 days | 1,626 sqft |
| 2022-09-01 | 0 days | 1,606 sqft |
| 2022-10-01 | 0 days | 1,604 sqft |
| 2022-11-01 | 0 days | 1,585 sqft |
| 2022-12-01 | 0 days | 1,573 sqft |
| 2023-01-01 | 0 days | 1,539 sqft |
| 2023-02-01 | 0 days | 1,438 sqft |
| 2023-03-01 | 0 days | 1,457 sqft |
| 2023-04-01 | 0 days | 1,535 sqft |
| 2023-05-01 | 0 days | 1,474 sqft |
| 2023-06-01 | 0 days | 1,534 sqft |
| 2023-07-01 | 0 days | 1,613 sqft |
| 2023-08-01 | 0 days | 1,554 sqft |
| 2023-09-01 | 0 days | 1,611 sqft |
| 2023-10-01 | 0 days | 1,520 sqft |
| 2023-11-01 | 0 days | 1,592 sqft |
| 2023-12-01 | 0 days | 1,602 sqft |
| 2024-01-01 | 0 days | 1,663 sqft |
| 2024-02-01 | 0 days | 1,781 sqft |
| 2024-03-01 | 0 days | 1,656 sqft |
Thomaston's median square footage for active listings during the 2024-03-01 period was 1,656 sqft. One year prior, the average listing was 1,457 sqft.