Vineland USDA Loan Rates, Closing Costs & Stats

VINELAND-BRIDGETON, NJ

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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.

    Vineland's 1 lenders originated 2 USDA loans during 2023. The total origination value was $250,000, with an average USDA loan value of $125,000.

    Vineland USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Vineland averaged 7.14% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Vineland's average USDA mortgage closing costs are $5,698.

    The average rate for the prior week (2024-04-12) was 6.59% and one month ago for the week of 2024-03-15, the average rate was 6.77%.

    The average rate one year ago was 6.51%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.96%.

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

    Vineland 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 Vineland level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    NATION ONE MORTGAGE CORPORATION 1 5.63% $6,609

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Vineland (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 $129,225 (-0.6%) $142,288 (-3.8%) 0.00 724
    2018-02-01 $129,450 (-0.4%) $141,315 (-6.1%) 0.00 731
    2018-03-01 $132,700 (-2.4%) $142,511 (-6.4%) 0.00 731
    2018-04-01 $129,450 (-5.5%) $142,426 (-7.4%) 0.00 767
    2018-05-01 $139,900 (2.1%) $152,885 (-1.5%) 0.00 741
    2018-06-01 $139,900 (0.7%) $151,806 (-3.2%) 0.00 780
    2018-07-01 $140,000 (0.1%) $152,700 (-3.3%) 0.00 802
    2018-08-01 $139,950 (0.0%) $357,723 (131.0%) 0.00 844
    2018-09-01 $142,500 (5.6%) $359,823 (137.7%) 0.00 837
    2018-10-01 $141,725 (7.6%) $152,303 (2.3%) 0.00 829
    2018-11-01 $139,900 (7.7%) $151,967 (5.0%) 0.00 815
    2018-12-01 $135,000 (3.9%) $150,585 (4.7%) 0.00 781
    2019-01-01 $134,950 (4.4%) $148,009 (4.0%) 0.00 739
    2019-02-01 $135,450 (4.6%) $150,334 (6.4%) 0.00 757
    2019-03-01 $139,186 (4.9%) $152,714 (7.2%) 0.00 754
    2019-04-01 $139,900 (8.1%) $154,662 (8.6%) 0.00 743
    2019-05-01 $142,500 (1.9%) $158,924 (4.0%) 0.00 746
    2019-06-01 $145,000 (3.7%) $161,137 (6.2%) 0.00 773
    2019-07-01 $148,475 (6.1%) $161,980 (6.1%) 0.00 782
    2019-08-01 $146,091 (4.4%) $183,659 (-48.7%) 0.00 756
    2019-09-01 $147,727 (3.7%) $172,111 (-52.2%) 0.00 721
    2019-10-01 $147,268 (3.9%) $163,222 (7.2%) 0.00 695
    2019-11-01 $145,000 (3.7%) $160,775 (5.8%) 0.00 670
    2019-12-01 $139,950 (3.7%) $159,813 (6.1%) 0.00 630
    2020-01-01 $144,750 (7.3%) $161,392 (9.0%) 0.00 582
    2020-02-01 $150,000 (10.7%) $164,698 (9.6%) 0.00 577
    2020-03-01 $150,000 (7.8%) $167,829 (9.9%) 0.00 573
    2020-04-01 $151,725 (8.5%) $171,175 (10.7%) 0.00 517
    2020-05-01 $160,000 (12.3%) $205,239 (29.1%) 0.00 480
    2020-06-01 $158,850 (9.6%) $212,251 (31.7%) 0.00 402
    2020-07-01 $154,450 (4.0%) $216,166 (33.5%) 0.00 356
    2020-08-01 $157,000 (7.5%) $224,726 (22.4%) 0.00 329
    2020-09-01 $159,900 (8.2%) $240,816 (39.9%) 0.00 328
    2020-10-01 $164,900 (12.0%) $252,801 (54.9%) 0.00 316
    2020-11-01 $169,325 (16.8%) $257,651 (60.3%) 0.00 335
    2020-12-01 $167,750 (19.9%) $267,167 (67.2%) 0.00 302
    2021-01-01 $160,000 (10.5%) $262,826 (62.9%) 0.00 296
    2021-02-01 $160,000 (6.7%) $220,196 (33.7%) 0.00 256
    2021-03-01 $162,500 (8.3%) $228,459 (36.1%) 0.00 240
    2021-04-01 $168,650 (11.2%) $231,728 (35.4%) 0.00 223
    2021-05-01 $179,000 (11.9%) $233,978 (14.0%) 0.00 203
    2021-06-01 $189,900 (19.6%) $232,198 (9.4%) 0.00 236
    2021-07-01 $192,000 (24.3%) $239,930 (11.0%) 0.00 279
    2021-08-01 $191,950 (22.3%) $244,495 (8.8%) 0.00 328
    2021-09-01 $189,950 (18.8%) $245,373 (1.9%) 0.00 317
    2021-10-01 $190,000 (15.2%) $331,914 (31.3%) 0.00 316
    2021-11-01 $190,950 (12.8%) $330,703 (28.4%) 0.00 308
    2021-12-01 $198,000 (18.0%) $349,415 (30.8%) 0.00 280
    2022-01-01 $199,000 (24.4%) $381,184 (45.0%) 0.00 232
    2022-02-01 $192,500 (20.3%) $386,479 (75.5%) 0.00 232
    2022-03-01 $199,925 (23.0%) $402,532 (76.2%) 0.00 216
    2022-04-01 $199,900 (18.5%) $379,436 (63.7%) 0.00 225
    2022-05-01 $217,200 (21.3%) $373,350 (59.6%) 0.00 259
    2022-06-01 $226,000 (19.0%) $363,160 (56.4%) 0.00 285
    2022-07-01 $230,000 (19.8%) $355,950 (48.4%) 0.00 313
    2022-08-01 $230,000 (19.8%) $353,394 (44.5%) 0.00 323
    2022-09-01 $239,900 (26.3%) $360,339 (46.9%) 0.00 313
    2022-10-01 $245,000 (29.0%) $366,486 (10.4%) 0.00 314
    2022-11-01 $244,175 (27.9%) $366,090 (10.7%) 0.00 305
    2022-12-01 $242,250 (22.4%) $382,170 (9.4%) 0.00 287
    2023-01-01 $238,450 (19.8%) $392,171 (2.9%) 0.00 252
    2023-02-01 $240,000 (24.7%) $415,918 (7.6%) 0.00 220
    2023-03-01 $250,000 (25.1%) $425,687 (5.8%) 0.00 203
    2023-04-01 $269,900 (35.0%) $466,801 (23.0%) 0.00 180
    2023-05-01 $254,975 (17.4%) $443,199 (18.7%) 0.00 187
    2023-06-01 $259,450 (14.8%) $430,330 (18.5%) 0.00 201
    2023-07-01 $249,900 (8.7%) $440,864 (23.9%) 0.00 195
    2023-08-01 $258,450 (12.4%) $428,479 (21.3%) 0.00 221
    2023-09-01 $250,000 (4.2%) $411,412 (14.2%) 0.00 236
    2023-10-01 $249,925 (2.0%) $417,934 (14.0%) 0.00 234
    2023-11-01 $254,975 (4.4%) $316,330 (-13.6%) 0.00 261
    2023-12-01 $262,450 (8.3%) $323,799 (-15.3%) 0.00 249
    2024-01-01 $263,250 (10.4%) $325,337 (-17.0%) 0.00 239
    2024-02-01 $258,750 (7.8%) $284,513 (-31.6%) 0.00 237
    2024-03-01 $265,000 (6.0%) $298,112 (-30.0%) 0.00 243
    Vineland's median listing price for 2024-03-01 was $265,000, a difference of $15,000 (6.0%) versus the prior year and $6,250 versus the prior month.

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

    Vineland's average listing price for 2024-03-01 was $298,112, a difference of $-127,575 (-30.0%) versus the prior year and $13,599 versus the prior month.

    For the 2024-03-01 period, Vineland had 243 MLS listings, a difference of 6 listings (3%) versus the prior month and 40 listings (20%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Vineland (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,433 sqft
    2018-02-01 0 days 1,404 sqft
    2018-03-01 0 days 1,410 sqft
    2018-04-01 0 days 1,424 sqft
    2018-05-01 0 days 1,461 sqft
    2018-06-01 0 days 1,456 sqft
    2018-07-01 0 days 1,459 sqft
    2018-08-01 0 days 1,457 sqft
    2018-09-01 0 days 1,461 sqft
    2018-10-01 0 days 1,454 sqft
    2018-11-01 0 days 1,446 sqft
    2018-12-01 0 days 1,422 sqft
    2019-01-01 0 days 1,427 sqft
    2019-02-01 0 days 1,438 sqft
    2019-03-01 0 days 1,440 sqft
    2019-04-01 0 days 1,439 sqft
    2019-05-01 0 days 1,459 sqft
    2019-06-01 0 days 1,500 sqft
    2019-07-01 0 days 1,509 sqft
    2019-08-01 0 days 1,503 sqft
    2019-09-01 0 days 1,496 sqft
    2019-10-01 0 days 1,484 sqft
    2019-11-01 0 days 1,461 sqft
    2019-12-01 0 days 1,454 sqft
    2020-01-01 0 days 1,448 sqft
    2020-02-01 0 days 1,442 sqft
    2020-03-01 0 days 1,447 sqft
    2020-04-01 0 days 1,481 sqft
    2020-05-01 0 days 1,508 sqft
    2020-06-01 0 days 1,516 sqft
    2020-07-01 0 days 1,491 sqft
    2020-08-01 0 days 1,488 sqft
    2020-09-01 0 days 1,497 sqft
    2020-10-01 0 days 1,466 sqft
    2020-11-01 0 days 1,527 sqft
    2020-12-01 0 days 1,500 sqft
    2021-01-01 0 days 1,440 sqft
    2021-02-01 0 days 1,385 sqft
    2021-03-01 0 days 1,411 sqft
    2021-04-01 0 days 1,453 sqft
    2021-05-01 0 days 1,449 sqft
    2021-06-01 0 days 1,496 sqft
    2021-07-01 0 days 1,480 sqft
    2021-08-01 0 days 1,467 sqft
    2021-09-01 0 days 1,464 sqft
    2021-10-01 0 days 1,474 sqft
    2021-11-01 0 days 1,486 sqft
    2021-12-01 0 days 1,453 sqft
    2022-01-01 0 days 1,400 sqft
    2022-02-01 0 days 1,406 sqft
    2022-03-01 0 days 1,434 sqft
    2022-04-01 0 days 1,470 sqft
    2022-05-01 0 days 1,491 sqft
    2022-06-01 0 days 1,477 sqft
    2022-07-01 0 days 1,454 sqft
    2022-08-01 0 days 1,440 sqft
    2022-09-01 0 days 1,463 sqft
    2022-10-01 0 days 1,507 sqft
    2022-11-01 0 days 1,489 sqft
    2022-12-01 0 days 1,488 sqft
    2023-01-01 0 days 1,467 sqft
    2023-02-01 0 days 1,446 sqft
    2023-03-01 0 days 1,473 sqft
    2023-04-01 0 days 1,497 sqft
    2023-05-01 0 days 1,497 sqft
    2023-06-01 0 days 1,490 sqft
    2023-07-01 0 days 1,583 sqft
    2023-08-01 0 days 1,478 sqft
    2023-09-01 0 days 1,488 sqft
    2023-10-01 0 days 1,499 sqft
    2023-11-01 0 days 1,498 sqft
    2023-12-01 0 days 1,512 sqft
    2024-01-01 0 days 1,487 sqft
    2024-02-01 0 days 1,427 sqft
    2024-03-01 0 days 1,427 sqft
    Vineland's median listing age (time on market) for 2024-03-01 was 0 days.

    Vineland's median square footage for active listings during the 2024-03-01 period was 1,427 sqft. One year prior, the average listing was 1,473 sqft.