Thomaston USDA Loan Rates, Closing Costs & Stats

Thomaston, 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.

    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 6.27% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    Thomaston's average USDA mortgage closing costs are $4,306.

    The average rate for the prior week (2024-12-06) was 6.31% and one month ago for the week of 2024-11-08, the average rate was 6.33%.

    The average rate one year ago was 6.59%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.4%.

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

    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
    2024-04-01 $220,225 (19.9%) $329,990 (19.3%) 0.00 80
    2024-05-01 $249,225 (40.7%) $350,847 (24.1%) 0.00 82
    2024-06-01 $254,900 (11.3%) $347,192 (5.3%) 0.00 82
    2024-07-01 $249,900 (6.4%) $345,082 (15.3%) 0.00 84
    2024-08-01 $249,900 (7.8%) $328,463 (24.9%) 0.00 99
    2024-09-01 $252,475 (17.5%) $326,821 (28.4%) 0.00 97
    2024-10-01 $249,900 (21.2%) $330,525 (26.4%) 0.00 96
    2024-11-01 $247,350 (13.8%) $339,156 (15.3%) 0.00 104
    Thomaston's median listing price for 2024-11-01 was $247,350, a difference of $29,900 (13.8%) versus the prior year and $-2,550 versus the prior month.

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

    Thomaston's average listing price for 2024-11-01 was $339,156, a difference of $45,005 (15.3%) versus the prior year and $8,631 versus the prior month.

    For the 2024-11-01 period, Thomaston had 104 MLS listings, a difference of 8 listings (8%) versus the prior month and 25 listings (32%) 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 1,649 sqft
    2024-04-01 0 days 1,629 sqft
    2024-05-01 0 days 1,629 sqft
    2024-06-01 0 days 1,656 sqft
    2024-07-01 0 days 1,646 sqft
    2024-08-01 0 days 1,650 sqft
    2024-09-01 0 days 1,708 sqft
    2024-10-01 0 days 1,695 sqft
    2024-11-01 0 days 1,612 sqft
    Thomaston's median listing age (time on market) for 2024-11-01 was 0 days.

    Thomaston's median square footage for active listings during the 2024-11-01 period was 1,612 sqft. One year prior, the average listing was 1,592 sqft.