Thomasville USDA Loan Rates, Closing Costs & Stats

Thomasville, 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.

    Thomasville's 4 lenders originated 9 USDA loans during 2023. The total origination value was $1,535,000, with an average USDA loan value of $170,556.

    Thomasville USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Thomasville averaged 6.66% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Thomasville's average USDA mortgage closing costs are $5,309.

    The average rate for the prior week (2024-04-12) was 6.81% and one month ago for the week of 2024-03-15, the average rate was 6.69%.

    The average rate one year ago was 6.13%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.06%.

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

    Thomasville 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 Thomasville level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Flagstar Bank, FSB 6 6.85% $7,774
    Ameris Bank 1 6.25% $2,116
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $9,864
    MORTGAGE INVESTORS GROUP, INC. 1 5.63% $12,048

    The top Thomasville USDA lender as defined by loan originations is Flagstar Bank, FSB, with 6 USDA loans originated. Their average total fees are $7,774, which is $5,658 higher than the next largest lender, Ameris Bank.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Thomasville (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 $199,900 (12.6%) $260,758 (5.2%) 0.00 248
    2018-02-01 $203,475 (18.4%) $270,785 (9.8%) 0.00 249
    2018-03-01 $209,000 (14.9%) $271,313 (6.8%) 0.00 260
    2018-04-01 $209,900 (10.5%) $277,263 (2.2%) 0.00 254
    2018-05-01 $214,900 (8.1%) $283,499 (0.7%) 0.00 262
    2018-06-01 $209,450 (4.8%) $278,314 (-1.5%) 0.00 277
    2018-07-01 $207,200 (3.7%) $278,340 (-3.0%) 0.00 289
    2018-08-01 $194,900 (-8.7%) $268,554 (-6.9%) 0.00 289
    2018-09-01 $199,900 (-8.7%) $284,543 (0.8%) 0.00 279
    2018-10-01 $199,900 (-10.1%) $277,872 (-3.1%) 0.00 280
    2018-11-01 $197,400 (-10.0%) $273,129 (-0.5%) 0.00 279
    2018-12-01 $204,900 (-4.7%) $284,681 (11.2%) 0.00 265
    2019-01-01 $217,400 (8.8%) $292,414 (12.1%) 0.00 248
    2019-02-01 $224,925 (10.5%) $304,124 (12.3%) 0.00 252
    2019-03-01 $224,186 (7.3%) $299,182 (10.3%) 0.00 245
    2019-04-01 $224,186 (6.8%) $302,979 (9.3%) 0.00 235
    2019-05-01 $219,675 (2.2%) $292,474 (3.2%) 0.00 229
    2019-06-01 $225,000 (7.4%) $291,617 (4.8%) 0.00 225
    2019-07-01 $234,950 (13.4%) $298,555 (7.3%) 0.00 225
    2019-08-01 $238,273 (22.3%) $311,188 (15.9%) 0.00 217
    2019-09-01 $238,682 (19.4%) $328,432 (15.4%) 0.00 211
    2019-10-01 $236,905 (18.5%) $339,359 (22.1%) 0.00 207
    2019-11-01 $239,450 (21.3%) $336,198 (23.1%) 0.00 210
    2019-12-01 $252,725 (23.3%) $341,227 (19.9%) 0.00 203
    2020-01-01 $251,250 (15.6%) $336,390 (15.0%) 0.00 197
    2020-02-01 $259,000 (15.2%) $350,123 (15.1%) 0.00 190
    2020-03-01 $249,925 (11.5%) $352,162 (17.7%) 0.00 184
    2020-04-01 $239,650 (6.9%) $330,422 (9.1%) 0.00 183
    2020-05-01 $238,000 (8.3%) $343,371 (17.4%) 0.00 170
    2020-06-01 $247,900 (10.2%) $350,444 (20.2%) 0.00 163
    2020-07-01 $245,225 (4.4%) $335,275 (12.3%) 0.00 164
    2020-08-01 $257,400 (8.0%) $356,228 (14.5%) 0.00 151
    2020-09-01 $269,000 (12.7%) $363,610 (10.7%) 0.00 149
    2020-10-01 $258,900 (9.3%) $335,592 (-1.1%) 0.00 164
    2020-11-01 $253,725 (6.0%) $337,910 (0.5%) 0.00 171
    2020-12-01 $270,225 (6.9%) $361,183 (5.9%) 0.00 145
    2021-01-01 $289,900 (15.4%) $374,528 (11.3%) 0.00 140
    2021-02-01 $344,000 (32.8%) $396,731 (13.3%) 0.00 111
    2021-03-01 $349,000 (39.6%) $384,970 (9.3%) 0.00 101
    2021-04-01 $317,425 (32.5%) $380,241 (15.1%) 0.00 103
    2021-05-01 $299,900 (26.0%) $390,296 (13.7%) 0.00 86
    2021-06-01 $299,225 (20.7%) $397,352 (13.4%) 0.00 82
    2021-07-01 $289,900 (18.2%) $413,875 (23.4%) 0.00 78
    2021-08-01 $274,425 (6.6%) $387,965 (8.9%) 0.00 84
    2021-09-01 $299,000 (11.2%) $420,256 (15.6%) 0.00 88
    2021-10-01 $287,000 (10.9%) $422,013 (25.8%) 0.00 90
    2021-11-01 $272,400 (7.4%) $422,418 (25.0%) 0.00 94
    2021-12-01 $277,450 (2.7%) $426,365 (18.1%) 0.00 100
    2022-01-01 $265,000 (-8.6%) $411,249 (9.8%) 0.00 93
    2022-02-01 $250,675 (-27.1%) $417,211 (5.2%) 0.00 70
    2022-03-01 $268,700 (-23.0%) $467,653 (21.5%) 0.00 67
    2022-04-01 $259,450 (-18.3%) $447,437 (17.7%) 0.00 71
    2022-05-01 $276,750 (-7.7%) $439,896 (12.7%) 0.00 78
    2022-06-01 $271,250 (-9.4%) $404,813 (1.9%) 0.00 90
    2022-07-01 $272,400 (-6.0%) $377,680 (-8.8%) 0.00 110
    2022-08-01 $272,450 (-0.7%) $379,673 (-2.1%) 0.00 118
    2022-09-01 $287,450 (-3.9%) $390,655 (-7.0%) 0.00 124
    2022-10-01 $305,000 (6.3%) $393,111 (-6.9%) 0.00 125
    2022-11-01 $280,500 (3.0%) $383,847 (-9.1%) 0.00 128
    2022-12-01 $284,500 (2.5%) $378,241 (-11.3%) 0.00 111
    2023-01-01 $298,250 (12.6%) $392,869 (-4.5%) 0.00 103
    2023-02-01 $314,475 (25.5%) $375,738 (-9.9%) 0.00 106
    2023-03-01 $298,450 (11.1%) $364,235 (-22.1%) 0.00 93
    2023-04-01 $299,900 (15.6%) $376,655 (-15.8%) 0.00 104
    2023-05-01 $304,900 (10.2%) $376,295 (-14.5%) 0.00 103
    2023-06-01 $317,450 (17.0%) $383,637 (-5.2%) 0.00 102
    2023-07-01 $349,900 (28.5%) $443,756 (17.5%) 0.00 100
    2023-08-01 $349,925 (28.4%) $448,596 (18.2%) 0.00 116
    2023-09-01 $354,900 (23.5%) $455,915 (16.7%) 0.00 109
    2023-10-01 $349,675 (14.7%) $445,624 (13.4%) 0.00 119
    2023-11-01 $325,000 (15.9%) $420,487 (9.6%) 0.00 139
    2023-12-01 $330,000 (16.0%) $422,352 (11.7%) 0.00 130
    2024-01-01 $332,200 (11.4%) $412,259 (4.9%) 0.00 129
    2024-02-01 $331,250 (5.3%) $396,236 (5.5%) 0.00 138
    2024-03-01 $330,000 (10.6%) $393,081 (7.9%) 0.00 143
    Thomasville's median listing price for 2024-03-01 was $330,000, a difference of $31,550 (10.6%) versus the prior year and $-1,250 versus the prior month.

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

    Thomasville's average listing price for 2024-03-01 was $393,081, a difference of $28,846 (7.9%) versus the prior year and $-3,155 versus the prior month.

    For the 2024-03-01 period, Thomasville had 143 MLS listings, a difference of 5 listings (4%) versus the prior month and 50 listings (54%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Thomasville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,919 sqft
    2018-02-01 0 days 1,955 sqft
    2018-03-01 0 days 1,951 sqft
    2018-04-01 0 days 1,936 sqft
    2018-05-01 0 days 1,946 sqft
    2018-06-01 0 days 1,935 sqft
    2018-07-01 0 days 1,896 sqft
    2018-08-01 0 days 1,852 sqft
    2018-09-01 0 days 1,852 sqft
    2018-10-01 0 days 1,863 sqft
    2018-11-01 0 days 1,878 sqft
    2018-12-01 0 days 1,903 sqft
    2019-01-01 0 days 1,955 sqft
    2019-02-01 0 days 1,936 sqft
    2019-03-01 0 days 1,959 sqft
    2019-04-01 0 days 2,005 sqft
    2019-05-01 0 days 1,900 sqft
    2019-06-01 0 days 1,980 sqft
    2019-07-01 0 days 2,034 sqft
    2019-08-01 0 days 2,090 sqft
    2019-09-01 0 days 2,149 sqft
    2019-10-01 0 days 2,188 sqft
    2019-11-01 0 days 2,107 sqft
    2019-12-01 0 days 2,184 sqft
    2020-01-01 0 days 2,241 sqft
    2020-02-01 0 days 2,205 sqft
    2020-03-01 0 days 2,066 sqft
    2020-04-01 0 days 2,008 sqft
    2020-05-01 0 days 2,074 sqft
    2020-06-01 0 days 2,074 sqft
    2020-07-01 0 days 2,043 sqft
    2020-08-01 0 days 2,220 sqft
    2020-09-01 0 days 2,229 sqft
    2020-10-01 0 days 2,136 sqft
    2020-11-01 0 days 2,108 sqft
    2020-12-01 0 days 2,152 sqft
    2021-01-01 0 days 2,231 sqft
    2021-02-01 0 days 2,296 sqft
    2021-03-01 0 days 2,219 sqft
    2021-04-01 0 days 2,187 sqft
    2021-05-01 0 days 2,244 sqft
    2021-06-01 0 days 2,242 sqft
    2021-07-01 0 days 2,228 sqft
    2021-08-01 0 days 1,983 sqft
    2021-09-01 0 days 2,222 sqft
    2021-10-01 0 days 2,203 sqft
    2021-11-01 0 days 2,039 sqft
    2021-12-01 0 days 2,020 sqft
    2022-01-01 0 days 1,925 sqft
    2022-02-01 0 days 1,977 sqft
    2022-03-01 0 days 2,148 sqft
    2022-04-01 0 days 1,904 sqft
    2022-05-01 0 days 2,044 sqft
    2022-06-01 0 days 1,933 sqft
    2022-07-01 0 days 1,900 sqft
    2022-08-01 0 days 1,825 sqft
    2022-09-01 0 days 1,960 sqft
    2022-10-01 0 days 2,059 sqft
    2022-11-01 0 days 2,024 sqft
    2022-12-01 0 days 1,912 sqft
    2023-01-01 0 days 1,991 sqft
    2023-02-01 0 days 1,823 sqft
    2023-03-01 0 days 1,867 sqft
    2023-04-01 0 days 1,830 sqft
    2023-05-01 0 days 1,728 sqft
    2023-06-01 0 days 1,801 sqft
    2023-07-01 0 days 1,972 sqft
    2023-08-01 0 days 2,088 sqft
    2023-09-01 0 days 2,074 sqft
    2023-10-01 0 days 1,994 sqft
    2023-11-01 0 days 1,914 sqft
    2023-12-01 0 days 1,914 sqft
    2024-01-01 0 days 1,951 sqft
    2024-02-01 0 days 1,959 sqft
    2024-03-01 0 days 1,935 sqft
    Thomasville's median listing age (time on market) for 2024-03-01 was 0 days.

    Thomasville's median square footage for active listings during the 2024-03-01 period was 1,935 sqft. One year prior, the average listing was 1,867 sqft.