Valdosta USDA Loan Rates, Closing Costs & Stats

VALDOSTA, GA

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Valdosta's 13 lenders originated 28 USDA loans during 2023. The total origination value was $5,750,000, with an average USDA loan value of $205,357.

    Valdosta USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Valdosta averaged 6.89% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Valdosta's average USDA mortgage closing costs are $5,266.

    The average rate for the prior week (2024-04-12) was 6.64% and one month ago for the week of 2024-03-15, the average rate was 6.53%.

    The average rate one year ago was 5.96%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.18%.

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

    Valdosta 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 Valdosta level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Ameris Bank 3 6.21% $7,695
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.66% $8,516
    Flagstar Bank, FSB 3 6.75% $9,525
    Renasant Bank 3 6.75% $7,810
    UNITED WHOLESALE MORTGAGE, LLC 3 6.21% $9,278
    STOCKTON MORTGAGE CORPORATION 2 7.44% $4,859
    GUILD MORTGAGE COMPANY 2 6.00% $9,391
    Colony Bank 2 7.00% $5,914
    DHI MORTGAGE COMPANY, LTD. 2 5.75% $5,157
    Equity Prime Mortgage LLC 1 7.25% $4,701
    UNION HOME MORTGAGE CORP. 1 7.25% $5,302
    MOVEMENT MORTGAGE, LLC 1 6.25% $8,566
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.25% $6,394

    The top Valdosta USDA lender as defined by loan originations is Ameris Bank, with 3 USDA loans originated. Their average total fees are $7,695, which is $821 lower than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Valdosta (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 $159,900 (6.9%) $202,873 (10.0%) 0.00 671
    2018-02-01 $157,950 (3.0%) $202,041 (7.0%) 0.00 688
    2018-03-01 $159,900 (3.2%) $203,683 (6.6%) 0.00 668
    2018-04-01 $163,450 (3.7%) $204,709 (3.6%) 0.00 664
    2018-05-01 $167,350 (4.7%) $208,770 (4.7%) 0.00 654
    2018-06-01 $169,900 (6.3%) $212,903 (5.4%) 0.00 625
    2018-07-01 $168,950 (5.7%) $209,240 (2.0%) 0.00 640
    2018-08-01 $168,950 (5.7%) $212,035 (3.9%) 0.00 612
    2018-09-01 $167,500 (4.8%) $204,587 (1.2%) 0.00 626
    2018-10-01 $165,650 (3.6%) $202,358 (-1.2%) 0.00 630
    2018-11-01 $164,900 (3.1%) $204,794 (2.3%) 0.00 634
    2018-12-01 $164,500 (2.9%) $207,027 (2.3%) 0.00 594
    2019-01-01 $167,650 (4.9%) $211,159 (4.1%) 0.00 563
    2019-02-01 $169,900 (7.6%) $217,174 (7.5%) 0.00 566
    2019-03-01 $172,043 (7.6%) $216,600 (6.3%) 0.00 565
    2019-04-01 $174,443 (6.7%) $216,638 (5.8%) 0.00 564
    2019-05-01 $172,400 (3.0%) $215,484 (3.2%) 0.00 568
    2019-06-01 $162,700 (-4.2%) $215,044 (1.0%) 0.00 567
    2019-07-01 $163,450 (-3.3%) $215,668 (3.1%) 0.00 600
    2019-08-01 $166,264 (-1.6%) $225,736 (6.5%) 0.00 617
    2019-09-01 $168,309 (0.5%) $237,515 (16.1%) 0.00 612
    2019-10-01 $169,900 (2.6%) $245,529 (21.3%) 0.00 610
    2019-11-01 $172,900 (4.9%) $245,494 (19.9%) 0.00 606
    2019-12-01 $179,900 (9.4%) $247,966 (19.8%) 0.00 594
    2020-01-01 $179,700 (7.2%) $245,708 (16.4%) 0.00 565
    2020-02-01 $179,900 (5.9%) $249,675 (15.0%) 0.00 537
    2020-03-01 $179,900 (4.6%) $252,970 (16.8%) 0.00 507
    2020-04-01 $179,900 (3.1%) $233,579 (7.8%) 0.00 520
    2020-05-01 $179,900 (4.4%) $238,281 (10.6%) 0.00 473
    2020-06-01 $189,350 (16.4%) $244,040 (13.5%) 0.00 407
    2020-07-01 $192,200 (17.6%) $255,408 (18.4%) 0.00 382
    2020-08-01 $199,900 (20.2%) $261,491 (15.8%) 0.00 368
    2020-09-01 $199,900 (18.8%) $253,348 (6.7%) 0.00 355
    2020-10-01 $209,000 (23.0%) $261,247 (6.4%) 0.00 315
    2020-11-01 $209,900 (21.4%) $262,317 (6.9%) 0.00 264
    2020-12-01 $204,900 (13.9%) $265,157 (6.9%) 0.00 262
    2021-01-01 $201,450 (12.1%) $266,427 (8.4%) 0.00 244
    2021-02-01 $204,900 (13.9%) $273,885 (9.7%) 0.00 228
    2021-03-01 $224,900 (25.0%) $271,016 (7.1%) 0.00 212
    2021-04-01 $231,950 (28.9%) $280,691 (20.2%) 0.00 199
    2021-05-01 $235,500 (30.9%) $284,671 (19.5%) 0.00 213
    2021-06-01 $229,300 (21.1%) $273,032 (11.9%) 0.00 241
    2021-07-01 $229,900 (19.6%) $284,335 (11.3%) 0.00 253
    2021-08-01 $233,675 (16.9%) $287,384 (9.9%) 0.00 267
    2021-09-01 $217,450 (8.8%) $270,294 (6.7%) 0.00 267
    2021-10-01 $219,900 (5.2%) $279,558 (7.0%) 0.00 244
    2021-11-01 $224,900 (7.2%) $280,094 (6.8%) 0.00 244
    2021-12-01 $229,900 (12.2%) $282,628 (6.6%) 0.00 232
    2022-01-01 $249,900 (24.1%) $307,805 (15.5%) 0.00 217
    2022-02-01 $277,425 (35.4%) $338,702 (23.7%) 0.00 191
    2022-03-01 $279,900 (24.5%) $348,850 (28.7%) 0.00 169
    2022-04-01 $265,000 (14.3%) $358,648 (27.8%) 0.00 162
    2022-05-01 $265,825 (12.9%) $334,837 (17.6%) 0.00 199
    2022-06-01 $269,950 (17.7%) $325,697 (19.3%) 0.00 257
    2022-07-01 $282,450 (22.9%) $332,124 (16.8%) 0.00 286
    2022-08-01 $271,425 (16.2%) $318,305 (10.8%) 0.00 277
    2022-09-01 $262,475 (20.7%) $315,764 (16.8%) 0.00 281
    2022-10-01 $266,450 (21.2%) $313,911 (12.3%) 0.00 311
    2022-11-01 $274,925 (22.2%) $319,514 (14.1%) 0.00 307
    2022-12-01 $270,000 (17.4%) $324,408 (14.8%) 0.00 277
    2023-01-01 $273,917 (9.6%) $334,878 (8.8%) 0.00 244
    2023-02-01 $279,900 (0.9%) $335,869 (-0.8%) 0.00 239
    2023-03-01 $279,900 (0.0%) $332,584 (-4.7%) 0.00 241
    2023-04-01 $289,900 (9.4%) $352,677 (-1.7%) 0.00 256
    2023-05-01 $285,475 (7.4%) $347,459 (3.8%) 0.00 278
    2023-06-01 $280,675 (4.0%) $344,961 (5.9%) 0.00 293
    2023-07-01 $289,900 (2.6%) $347,063 (4.5%) 0.00 298
    2023-08-01 $289,900 (6.8%) $347,390 (9.1%) 0.00 311
    2023-09-01 $291,900 (11.2%) $349,560 (10.7%) 0.00 331
    2023-10-01 $296,975 (11.5%) $352,607 (12.3%) 0.00 325
    2023-11-01 $296,950 (8.0%) $353,711 (10.7%) 0.00 329
    2023-12-01 $295,000 (9.3%) $349,192 (7.6%) 0.00 323
    2024-01-01 $299,900 (9.5%) $354,040 (5.7%) 0.00 315
    2024-02-01 $293,500 (4.9%) $354,522 (5.6%) 0.00 326
    2024-03-01 $294,900 (5.4%) $348,619 (4.8%) 0.00 322
    Valdosta's median listing price for 2024-03-01 was $294,900, a difference of $15,000 (5.4%) versus the prior year and $1,400 versus the prior month.

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

    Valdosta's average listing price for 2024-03-01 was $348,619, a difference of $16,035 (4.8%) versus the prior year and $-5,903 versus the prior month.

    For the 2024-03-01 period, Valdosta had 322 MLS listings, a difference of -4 listings (-1%) versus the prior month and 81 listings (34%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Valdosta (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,850 sqft
    2018-02-01 0 days 1,858 sqft
    2018-03-01 0 days 1,858 sqft
    2018-04-01 0 days 1,847 sqft
    2018-05-01 0 days 1,872 sqft
    2018-06-01 0 days 1,905 sqft
    2018-07-01 0 days 1,882 sqft
    2018-08-01 0 days 1,865 sqft
    2018-09-01 0 days 1,863 sqft
    2018-10-01 0 days 1,847 sqft
    2018-11-01 0 days 1,835 sqft
    2018-12-01 0 days 1,834 sqft
    2019-01-01 0 days 1,836 sqft
    2019-02-01 0 days 1,870 sqft
    2019-03-01 0 days 1,885 sqft
    2019-04-01 0 days 1,895 sqft
    2019-05-01 0 days 1,880 sqft
    2019-06-01 0 days 1,815 sqft
    2019-07-01 0 days 1,829 sqft
    2019-08-01 0 days 1,874 sqft
    2019-09-01 0 days 1,867 sqft
    2019-10-01 0 days 1,862 sqft
    2019-11-01 0 days 1,877 sqft
    2019-12-01 0 days 1,888 sqft
    2020-01-01 0 days 1,873 sqft
    2020-02-01 0 days 1,902 sqft
    2020-03-01 0 days 1,906 sqft
    2020-04-01 0 days 1,924 sqft
    2020-05-01 0 days 1,923 sqft
    2020-06-01 0 days 1,996 sqft
    2020-07-01 0 days 2,003 sqft
    2020-08-01 0 days 1,995 sqft
    2020-09-01 0 days 1,946 sqft
    2020-10-01 0 days 1,986 sqft
    2020-11-01 0 days 1,959 sqft
    2020-12-01 0 days 1,901 sqft
    2021-01-01 0 days 1,925 sqft
    2021-02-01 0 days 1,933 sqft
    2021-03-01 0 days 1,950 sqft
    2021-04-01 0 days 1,952 sqft
    2021-05-01 0 days 1,983 sqft
    2021-06-01 0 days 1,938 sqft
    2021-07-01 0 days 1,950 sqft
    2021-08-01 0 days 1,955 sqft
    2021-09-01 0 days 1,914 sqft
    2021-10-01 0 days 1,945 sqft
    2021-11-01 0 days 1,943 sqft
    2021-12-01 0 days 1,943 sqft
    2022-01-01 0 days 1,950 sqft
    2022-02-01 0 days 1,999 sqft
    2022-03-01 0 days 2,044 sqft
    2022-04-01 0 days 2,045 sqft
    2022-05-01 0 days 1,973 sqft
    2022-06-01 0 days 1,997 sqft
    2022-07-01 0 days 2,003 sqft
    2022-08-01 0 days 1,968 sqft
    2022-09-01 0 days 1,906 sqft
    2022-10-01 0 days 1,914 sqft
    2022-11-01 0 days 1,938 sqft
    2022-12-01 0 days 1,999 sqft
    2023-01-01 0 days 1,984 sqft
    2023-02-01 0 days 2,000 sqft
    2023-03-01 0 days 1,951 sqft
    2023-04-01 0 days 1,963 sqft
    2023-05-01 0 days 1,935 sqft
    2023-06-01 0 days 1,939 sqft
    2023-07-01 0 days 1,925 sqft
    2023-08-01 0 days 1,913 sqft
    2023-09-01 0 days 1,945 sqft
    2023-10-01 0 days 1,965 sqft
    2023-11-01 0 days 1,933 sqft
    2023-12-01 0 days 1,925 sqft
    2024-01-01 0 days 1,941 sqft
    2024-02-01 0 days 1,925 sqft
    2024-03-01 0 days 1,940 sqft
    Valdosta's median listing age (time on market) for 2024-03-01 was 0 days.

    Valdosta's median square footage for active listings during the 2024-03-01 period was 1,940 sqft. One year prior, the average listing was 1,951 sqft.