Tifton USDA Loan Rates, Closing Costs & Stats

Tifton, 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.

    Tifton's 8 lenders originated 25 USDA loans during 2023. The total origination value was $4,805,000, with an average USDA loan value of $192,200.

    Tifton USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Tifton averaged -0.26% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

    Tifton's average USDA mortgage closing costs are $5,180.

    The average rate for the prior week (2024-11-08) was 6.4% and one month ago for the week of 2024-10-11, the average rate was 5.76%.

    The average rate one year ago was 7.18%.

    For refis of the same type during the week of 2024-11-15, the average rate was -0.1%.

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

    Tifton 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 Tifton level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    BANKSOUTH MORTGAGE COMPANY, LLC 9 6.23% $7,329
    HOMESTAR FINANCIAL CORPORATION 4 6.63% $2,660
    UNITED WHOLESALE MORTGAGE, LLC 3 6.54% $8,872
    UNION HOME MORTGAGE CORP. 2 7.00% $8,354
    CANOPY MORTGAGE, LLC 2 6.75% $7,730
    CARDINAL FINANCIAL 1 5.88% $6,406
    TOWNE MORTGAGE COMPANY 1 6.63% $10,759
    Truist 1 6.63% $5,293

    The top Tifton USDA lender as defined by loan originations is BANKSOUTH MORTGAGE COMPANY, LLC, with 9 USDA loans originated. Their average total fees are $7,329, which is $4,670 higher than the next largest lender, HOMESTAR FINANCIAL CORPORATION.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Tifton (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 $144,725 (-4.3%) $166,247 (4.4%) 0.00 116
    2018-02-01 $153,075 (2.7%) $175,236 (9.2%) 0.00 117
    2018-03-01 $155,000 (3.0%) $181,505 (7.8%) 0.00 125
    2018-04-01 $169,450 (6.0%) $192,432 (10.4%) 0.00 129
    2018-05-01 $169,450 (7.6%) $189,931 (8.3%) 0.00 118
    2018-06-01 $174,950 (14.8%) $197,028 (11.0%) 0.00 110
    2018-07-01 $174,900 (20.7%) $197,892 (17.7%) 0.00 105
    2018-08-01 $165,000 (17.9%) $188,990 (14.9%) 0.00 119
    2018-09-01 $159,000 (12.8%) $187,568 (14.2%) 0.00 130
    2018-10-01 $156,400 (13.6%) $185,010 (15.5%) 0.00 128
    2018-11-01 $152,900 (15.4%) $180,868 (13.2%) 0.00 128
    2018-12-01 $163,900 (22.3%) $184,656 (16.8%) 0.00 126
    2019-01-01 $179,450 (24.0%) $189,231 (13.8%) 0.00 112
    2019-02-01 $165,050 (7.8%) $192,699 (10.0%) 0.00 115
    2019-03-01 $172,557 (11.3%) $196,394 (8.2%) 0.00 110
    2019-04-01 $177,325 (4.7%) $203,255 (5.6%) 0.00 103
    2019-05-01 $173,800 (2.6%) $209,462 (10.3%) 0.00 105
    2019-06-01 $177,875 (1.7%) $208,323 (5.7%) 0.00 99
    2019-07-01 $179,000 (2.3%) $210,352 (6.3%) 0.00 97
    2019-08-01 $182,300 (10.5%) $213,498 (13.0%) 0.00 96
    2019-09-01 $180,950 (13.8%) $209,480 (11.7%) 0.00 96
    2019-10-01 $182,575 (16.7%) $207,674 (12.3%) 0.00 97
    2019-11-01 $184,950 (21.0%) $212,129 (17.3%) 0.00 104
    2019-12-01 $178,625 (9.0%) $199,062 (7.8%) 0.00 105
    2020-01-01 $179,000 (-0.3%) $200,629 (6.0%) 0.00 102
    2020-02-01 $177,450 (7.5%) $199,452 (3.5%) 0.00 99
    2020-03-01 $182,175 (5.6%) $205,048 (4.4%) 0.00 82
    2020-04-01 $203,725 (14.9%) $211,023 (3.8%) 0.00 82
    2020-05-01 $214,900 (23.7%) $223,053 (6.5%) 0.00 77
    2020-06-01 $226,175 (27.2%) $229,424 (10.1%) 0.00 68
    2020-07-01 $236,900 (32.4%) $238,183 (13.2%) 0.00 64
    2020-08-01 $252,200 (38.3%) $264,017 (23.7%) 0.00 54
    2020-09-01 $232,400 (28.4%) $266,236 (27.1%) 0.00 47
    2020-10-01 $214,900 (17.7%) $250,414 (20.6%) 0.00 53
    2020-11-01 $214,600 (16.0%) $247,903 (16.9%) 0.00 43
    2020-12-01 $146,425 (-18.0%) $178,076 (-10.5%) 0.00 65
    2021-01-01 $198,700 (11.0%) $260,108 (29.7%) 0.00 45
    2021-02-01 $199,900 (12.7%) $247,771 (24.2%) 0.00 40
    2021-03-01 $192,425 (5.6%) $245,134 (19.6%) 0.00 38
    2021-04-01 $223,750 (9.8%) $266,845 (26.5%) 0.00 39
    2021-05-01 $219,000 (1.9%) $259,459 (16.3%) 0.00 44
    2021-06-01 $214,450 (-5.2%) $233,931 (2.0%) 0.00 44
    2021-07-01 $219,950 (-7.2%) $244,680 (2.7%) 0.00 42
    2021-08-01 $192,925 (-23.5%) $242,582 (-8.1%) 0.00 50
    2021-09-01 $196,250 (-15.6%) $232,068 (-12.8%) 0.00 48
    2021-10-01 $214,500 (-0.2%) $252,017 (0.6%) 0.00 39
    2021-11-01 $225,725 (5.2%) $251,505 (1.5%) 0.00 31
    2021-12-01 $220,000 (50.3%) $249,441 (40.1%) 0.00 36
    2022-01-01 $229,450 (15.5%) $255,353 (-1.8%) 0.00 38
    2022-02-01 $238,700 (19.4%) $284,113 (14.7%) 0.00 36
    2022-03-01 $302,750 (57.3%) $341,091 (39.1%) 0.00 35
    2022-04-01 $317,250 (41.8%) $372,058 (39.4%) 0.00 31
    2022-05-01 $281,125 (28.4%) $350,214 (35.0%) 0.00 35
    2022-06-01 $273,750 (27.7%) $344,751 (47.4%) 0.00 35
    2022-07-01 $245,000 (11.4%) $330,480 (35.1%) 0.00 41
    2022-08-01 $248,275 (28.7%) $316,396 (30.4%) 0.00 46
    2022-09-01 $246,500 (25.6%) $351,654 (51.5%) 0.00 48
    2022-10-01 $260,000 (21.2%) $331,912 (31.7%) 0.00 52
    2022-11-01 $266,750 (18.2%) $341,953 (36.0%) 0.00 60
    2022-12-01 $276,500 (25.7%) $343,280 (37.6%) 0.00 63
    2023-01-01 $276,500 (20.5%) $348,494 (36.5%) 0.00 64
    2023-02-01 $259,900 (8.9%) $339,100 (19.4%) 0.00 55
    2023-03-01 $253,450 (-16.3%) $321,427 (-5.8%) 0.00 51
    2023-04-01 $250,000 (-21.2%) $324,139 (-12.9%) 0.00 48
    2023-05-01 $250,725 (-10.8%) $323,546 (-7.6%) 0.00 46
    2023-06-01 $257,550 (-5.9%) $344,220 (-0.2%) 0.00 50
    2023-07-01 $259,900 (6.1%) $335,147 (1.4%) 0.00 54
    2023-08-01 $273,820 (10.3%) $346,081 (9.4%) 0.00 64
    2023-09-01 $275,000 (11.6%) $307,985 (-12.4%) 0.00 68
    2023-10-01 $279,475 (7.5%) $313,411 (-5.6%) 0.00 66
    2023-11-01 $292,500 (9.7%) $314,866 (-7.9%) 0.00 67
    2023-12-01 $274,000 (-0.9%) $315,430 (-8.1%) 0.00 69
    2024-01-01 $277,475 (0.4%) $329,897 (-5.3%) 0.00 64
    2024-02-01 $272,310 (4.8%) $311,349 (-8.2%) 0.00 68
    2024-03-01 $259,750 (2.5%) $285,791 (-11.1%) 0.00 63
    2024-04-01 $280,000 (12.0%) $312,737 (-3.5%) 0.00 67
    2024-05-01 $298,450 (19.0%) $328,176 (1.4%) 0.00 71
    2024-06-01 $289,900 (12.6%) $310,608 (-9.8%) 0.00 74
    2024-07-01 $292,450 (12.5%) $310,919 (-7.2%) 0.00 82
    2024-08-01 $299,900 (9.5%) $320,951 (-7.3%) 0.00 90
    2024-09-01 $297,400 (8.2%) $320,353 (4.0%) 0.00 85
    2024-10-01 $278,800 (-0.2%) $290,826 (-7.2%) 0.00 90
    Tifton's median listing price for 2024-10-01 was $278,800, a difference of $-675 (-0.2%) versus the prior year and $-18,600 versus the prior month.

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

    Tifton's average listing price for 2024-10-01 was $290,826, a difference of $-22,585 (-7.2%) versus the prior year and $-29,527 versus the prior month.

    For the 2024-10-01 period, Tifton had 90 MLS listings, a difference of 5 listings (6%) versus the prior month and 24 listings (36%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Tifton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,805 sqft
    2018-02-01 0 days 1,913 sqft
    2018-03-01 0 days 1,971 sqft
    2018-04-01 0 days 2,095 sqft
    2018-05-01 0 days 2,007 sqft
    2018-06-01 0 days 2,040 sqft
    2018-07-01 0 days 2,156 sqft
    2018-08-01 0 days 2,030 sqft
    2018-09-01 0 days 2,007 sqft
    2018-10-01 0 days 1,996 sqft
    2018-11-01 0 days 1,853 sqft
    2018-12-01 0 days 1,932 sqft
    2019-01-01 0 days 1,991 sqft
    2019-02-01 0 days 2,002 sqft
    2019-03-01 0 days 2,025 sqft
    2019-04-01 0 days 2,023 sqft
    2019-05-01 0 days 2,047 sqft
    2019-06-01 0 days 2,045 sqft
    2019-07-01 0 days 2,047 sqft
    2019-08-01 0 days 2,070 sqft
    2019-09-01 0 days 2,078 sqft
    2019-10-01 0 days 2,084 sqft
    2019-11-01 0 days 2,050 sqft
    2019-12-01 0 days 2,044 sqft
    2020-01-01 0 days 2,037 sqft
    2020-02-01 0 days 1,992 sqft
    2020-03-01 0 days 1,994 sqft
    2020-04-01 0 days 1,987 sqft
    2020-05-01 0 days 2,084 sqft
    2020-06-01 0 days 2,200 sqft
    2020-07-01 0 days 2,234 sqft
    2020-08-01 0 days 2,200 sqft
    2020-09-01 0 days 2,105 sqft
    2020-10-01 0 days 2,096 sqft
    2020-11-01 0 days 2,096 sqft
    2020-12-01 0 days 2,247 sqft
    2021-01-01 0 days 2,133 sqft
    2021-02-01 0 days 2,136 sqft
    2021-03-01 0 days 2,054 sqft
    2021-04-01 0 days 1,908 sqft
    2021-05-01 0 days 1,956 sqft
    2021-06-01 0 days 1,855 sqft
    2021-07-01 0 days 1,945 sqft
    2021-08-01 0 days 1,882 sqft
    2021-09-01 0 days 1,766 sqft
    2021-10-01 0 days 1,818 sqft
    2021-11-01 0 days 1,961 sqft
    2021-12-01 0 days 1,963 sqft
    2022-01-01 0 days 1,962 sqft
    2022-02-01 0 days 1,897 sqft
    2022-03-01 0 days 1,926 sqft
    2022-04-01 0 days 2,015 sqft
    2022-05-01 0 days 2,189 sqft
    2022-06-01 0 days 2,250 sqft
    2022-07-01 0 days 1,901 sqft
    2022-08-01 0 days 1,865 sqft
    2022-09-01 0 days 2,069 sqft
    2022-10-01 0 days 2,058 sqft
    2022-11-01 0 days 2,076 sqft
    2022-12-01 0 days 2,086 sqft
    2023-01-01 0 days 2,086 sqft
    2023-02-01 0 days 2,086 sqft
    2023-03-01 0 days 1,914 sqft
    2023-04-01 0 days 1,897 sqft
    2023-05-01 0 days 1,842 sqft
    2023-06-01 0 days 1,996 sqft
    2023-07-01 0 days 2,030 sqft
    2023-08-01 0 days 1,992 sqft
    2023-09-01 0 days 1,945 sqft
    2023-10-01 0 days 1,957 sqft
    2023-11-01 0 days 1,981 sqft
    2023-12-01 0 days 1,923 sqft
    2024-01-01 0 days 1,957 sqft
    2024-02-01 0 days 1,945 sqft
    2024-03-01 0 days 1,862 sqft
    2024-04-01 0 days 1,933 sqft
    2024-05-01 0 days 2,014 sqft
    2024-06-01 0 days 1,900 sqft
    2024-07-01 0 days 1,900 sqft
    2024-08-01 0 days 1,941 sqft
    2024-09-01 0 days 1,937 sqft
    2024-10-01 0 days 1,887 sqft
    Tifton's median listing age (time on market) for 2024-10-01 was 0 days.

    Tifton's median square footage for active listings during the 2024-10-01 period was 1,887 sqft. One year prior, the average listing was 1,957 sqft.