Thomasville USDA Loan Rates, Closing Costs & Stats
Thomasville, 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.
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
6.1%
for the week of 2024-12-13, compared to the national average (all USDA variants) of
6.303% for the same period.
Thomasville's average USDA mortgage closing costs are $5,309.
The average rate for the prior week (2024-12-06) was
6.03% and
one month ago for the week of 2024-11-08, the
average rate was 6.35%.
The average rate one year ago was 6.72%.
For refis of the same type during the week of 2024-12-13, the average rate
was 6.3%.
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 |
| 2024-04-01 | $327,000 (9.0%) | $407,731 (8.3%) | 0.00 | 141 |
| 2024-05-01 | $330,750 (8.5%) | $434,017 (15.3%) | 0.00 | 142 |
| 2024-06-01 | $324,500 (2.2%) | $414,023 (7.9%) | 0.00 | 145 |
| 2024-07-01 | $350,000 (0.0%) | $437,172 (-1.5%) | 0.00 | 131 |
| 2024-08-01 | $350,000 (0.0%) | $432,237 (-3.7%) | 0.00 | 140 |
| 2024-09-01 | $347,250 (-2.2%) | $418,206 (-8.3%) | 0.00 | 159 |
| 2024-10-01 | $340,375 (-2.7%) | $422,957 (-5.1%) | 0.00 | 160 |
| 2024-11-01 | $328,250 (1.0%) | $405,465 (-3.6%) | 0.00 | 172 |
Thomasville's median listing price comes in at 0% of the national average.
Thomasville's average listing price for 2024-11-01 was $405,465, a difference of $-15,022 (-3.6%) versus the prior year and $-17,492 versus the prior month.
For the 2024-11-01 period, Thomasville had 172 MLS listings, a difference of 12 listings (8%) versus the prior month and 33 listings (24%) 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 | 1,941 sqft |
| 2024-03-01 | 0 days | 1,928 sqft |
| 2024-04-01 | 0 days | 1,913 sqft |
| 2024-05-01 | 0 days | 1,974 sqft |
| 2024-06-01 | 0 days | 1,900 sqft |
| 2024-07-01 | 0 days | 2,094 sqft |
| 2024-08-01 | 0 days | 1,934 sqft |
| 2024-09-01 | 0 days | 1,838 sqft |
| 2024-10-01 | 0 days | 1,862 sqft |
| 2024-11-01 | 0 days | 1,815 sqft |
Thomasville's median square footage for active listings during the 2024-11-01 period was 1,815 sqft. One year prior, the average listing was 1,914 sqft.