Wauchula USDA Loan Rates, Closing Costs & Stats

Wauchula, FL

  • 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.

    Wauchula's 5 lenders originated 7 USDA loans during 2023. The total origination value was $1,555,000, with an average USDA loan value of $222,143.

    Wauchula USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Wauchula averaged 6.74% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Wauchula's average USDA mortgage closing costs are $6,563.

    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 6.57%.

    The average rate one year ago was 6.41%.

    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.

    Wauchula 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 Wauchula level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    METROPLEX MORTGAGE SERVICES, INC. 2 6.56% $8,741
    NTFN, INC. 2 7.25% $10,749
    Bell Bank 1 6.25% $5,435
    MOVEMENT MORTGAGE, LLC 1 7.25% $6,786
    UNITED WHOLESALE MORTGAGE, LLC 1 6.25% $5,902

    The top Wauchula USDA lender as defined by loan originations is METROPLEX MORTGAGE SERVICES, INC., with 2 USDA loans originated. Their average total fees are $8,741, which is $2,009 lower than the next largest lender, NTFN, INC..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Wauchula (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 $179,550 (11.4%) $238,242 (-6.1%) 0.00 34
    2018-02-01 $187,950 (10.6%) $224,823 (-15.7%) 0.00 28
    2018-03-01 $178,500 (-0.4%) $202,934 (-29.0%) 0.00 26
    2018-04-01 $182,500 (4.0%) $228,826 (-16.8%) 0.00 29
    2018-05-01 $237,375 (31.2%) $279,737 (1.3%) 0.00 28
    2018-06-01 $225,000 (26.6%) $261,195 (1.5%) 0.00 37
    2018-07-01 $214,475 (38.0%) $255,641 (17.1%) 0.00 40
    2018-08-01 $235,950 (41.3%) $283,035 (27.5%) 0.00 37
    2018-09-01 $209,900 (24.4%) $272,369 (21.7%) 0.00 38
    2018-10-01 $194,950 (2.6%) $252,463 (0.2%) 0.00 38
    2018-11-01 $192,750 (-6.2%) $242,801 (-4.2%) 0.00 46
    2018-12-01 $204,950 (4.6%) $275,298 (7.7%) 0.00 47
    2019-01-01 $224,975 (25.3%) $282,970 (18.8%) 0.00 45
    2019-02-01 $224,925 (19.7%) $333,576 (48.4%) 0.00 47
    2019-03-01 $251,707 (41.0%) $376,387 (85.5%) 0.00 42
    2019-04-01 $244,207 (33.8%) $392,543 (71.6%) 0.00 40
    2019-05-01 $219,900 (-7.4%) $376,318 (34.5%) 0.00 35
    2019-06-01 $222,400 (-1.2%) $352,518 (35.0%) 0.00 34
    2019-07-01 $203,675 (-5.0%) $316,265 (23.7%) 0.00 38
    2019-08-01 $216,291 (-8.3%) $321,734 (13.7%) 0.00 39
    2019-09-01 $218,377 (4.0%) $326,091 (19.7%) 0.00 42
    2019-10-01 $219,518 (12.6%) $327,281 (29.6%) 0.00 43
    2019-11-01 $219,900 (14.1%) $321,366 (32.4%) 0.00 43
    2019-12-01 $210,925 (2.9%) $325,530 (18.3%) 0.00 38
    2020-01-01 $227,700 (1.2%) $335,810 (18.7%) 0.00 35
    2020-02-01 $207,000 (-8.0%) $320,053 (-4.1%) 0.00 27
    2020-03-01 $181,175 (-28.0%) $289,065 (-23.2%) 0.00 24
    2020-04-01 $178,650 (-26.8%) $239,948 (-38.9%) 0.00 18
    2020-05-01 $199,000 (-9.5%) $245,576 (-34.7%) 0.00 21
    2020-06-01 $213,700 (-3.9%) $285,120 (-19.1%) 0.00 19
    2020-07-01 $219,700 (7.9%) $292,756 (-7.4%) 0.00 15
    2020-08-01 $249,500 (15.4%) $332,400 (3.3%) 0.00 11
    2020-09-01 $202,100 (-7.5%) $265,931 (-18.5%) 0.00 15
    2020-10-01 $194,450 (-11.4%) $264,147 (-19.3%) 0.00 18
    2020-11-01 $162,400 (-26.2%) $308,100 (-4.1%) 0.00 20
    2020-12-01 $180,925 (-14.2%) $302,989 (-6.9%) 0.00 22
    2021-01-01 $199,450 (-12.4%) $313,600 (-6.6%) 0.00 22
    2021-02-01 $191,700 (-7.4%) $320,160 (0.0%) 0.00 17
    2021-03-01 $253,950 (40.2%) $346,606 (19.9%) 0.00 15
    2021-04-01 $264,500 (48.1%) $423,673 (76.6%) 0.00 13
    2021-05-01 $292,250 (46.9%) $436,248 (77.6%) 0.00 16
    2021-06-01 $394,975 (84.8%) $451,906 (58.5%) 0.00 18
    2021-07-01 $412,500 (87.8%) $454,767 (55.3%) 0.00 20
    2021-08-01 $410,000 (64.3%) $445,644 (34.1%) 0.00 22
    2021-09-01 $442,500 (119.0%) $517,285 (94.5%) 0.00 21
    2021-10-01 $419,250 (115.6%) $500,671 (89.5%) 0.00 22
    2021-11-01 $412,125 (153.8%) $472,397 (53.3%) 0.00 19
    2021-12-01 $393,750 (117.6%) $491,081 (62.1%) 0.00 19
    2022-01-01 $395,000 (98.0%) $474,058 (51.2%) 0.00 17
    2022-02-01 $416,250 (117.1%) $533,818 (66.7%) 0.00 19
    2022-03-01 $435,000 (71.3%) $564,486 (62.9%) 0.00 19
    2022-04-01 $420,000 (58.8%) $538,389 (27.1%) 0.00 19
    2022-05-01 $401,250 (37.3%) $601,812 (38.0%) 0.00 20
    2022-06-01 $399,975 (1.3%) $554,126 (22.6%) 0.00 24
    2022-07-01 $280,000 (-32.1%) $418,605 (-8.0%) 0.00 42
    2022-08-01 $287,000 (-30.0%) $425,196 (-4.6%) 0.00 37
    2022-09-01 $298,825 (-32.5%) $434,548 (-16.0%) 0.00 33
    2022-10-01 $309,000 (-26.3%) $431,683 (-13.8%) 0.00 33
    2022-11-01 $294,750 (-28.5%) $461,736 (-2.3%) 0.00 30
    2022-12-01 $287,950 (-26.9%) $405,488 (-17.4%) 0.00 28
    2023-01-01 $302,425 (-23.4%) $424,220 (-10.5%) 0.00 32
    2023-02-01 $358,750 (-13.8%) $488,346 (-8.5%) 0.00 27
    2023-03-01 $308,675 (-29.0%) $494,969 (-12.3%) 0.00 25
    2023-04-01 $380,000 (-9.5%) $483,119 (-10.3%) 0.00 28
    2023-05-01 $344,950 (-14.0%) $451,121 (-25.0%) 0.00 27
    2023-06-01 $344,750 (-13.8%) $436,642 (-21.2%) 0.00 28
    2023-07-01 $352,500 (25.9%) $397,147 (-5.1%) 0.00 31
    2023-08-01 $327,750 (14.2%) $383,433 (-9.8%) 0.00 30
    2023-09-01 $399,900 (33.8%) $420,336 (-3.3%) 0.00 30
    2023-10-01 $312,400 (1.1%) $397,108 (-8.0%) 0.00 35
    2023-11-01 $326,175 (10.7%) $471,218 (2.1%) 0.00 37
    2023-12-01 $349,950 (21.5%) $475,520 (17.3%) 0.00 37
    2024-01-01 $398,425 (31.7%) $502,667 (18.5%) 0.00 35
    2024-02-01 $404,900 (12.9%) $454,796 (-6.9%) 0.00 35
    2024-03-01 $369,900 (19.8%) $421,886 (-14.8%) 0.00 35
    Wauchula's median listing price for 2024-03-01 was $369,900, a difference of $61,225 (19.8%) versus the prior year and $-35,000 versus the prior month.

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

    Wauchula's average listing price for 2024-03-01 was $421,886, a difference of $-73,083 (-14.8%) versus the prior year and $-32,910 versus the prior month.

    For the 2024-03-01 period, Wauchula had 35 MLS listings, a difference of 0 listings (0%) versus the prior month and 10 listings (40%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Wauchula (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,376 sqft
    2018-02-01 0 days 2,645 sqft
    2018-03-01 0 days 2,356 sqft
    2018-04-01 0 days 2,445 sqft
    2018-05-01 0 days 2,855 sqft
    2018-06-01 0 days 2,690 sqft
    2018-07-01 0 days 2,632 sqft
    2018-08-01 0 days 2,896 sqft
    2018-09-01 0 days 2,777 sqft
    2018-10-01 0 days 2,412 sqft
    2018-11-01 0 days 2,305 sqft
    2018-12-01 0 days 1,842 sqft
    2019-01-01 0 days 1,785 sqft
    2019-02-01 0 days 1,966 sqft
    2019-03-01 0 days 2,012 sqft
    2019-04-01 0 days 2,050 sqft
    2019-05-01 0 days 2,126 sqft
    2019-06-01 0 days 2,036 sqft
    2019-07-01 0 days 2,036 sqft
    2019-08-01 0 days 2,060 sqft
    2019-09-01 0 days 1,977 sqft
    2019-10-01 0 days 1,907 sqft
    2019-11-01 0 days 1,912 sqft
    2019-12-01 0 days 1,886 sqft
    2020-01-01 0 days 1,970 sqft
    2020-02-01 0 days 1,812 sqft
    2020-03-01 0 days 1,811 sqft
    2020-04-01 0 days 1,936 sqft
    2020-05-01 0 days 1,984 sqft
    2020-06-01 0 days 1,793 sqft
    2020-07-01 0 days 1,900 sqft
    2020-08-01 0 days 2,105 sqft
    2020-09-01 0 days 1,831 sqft
    2020-10-01 0 days 1,790 sqft
    2020-11-01 0 days 1,694 sqft
    2020-12-01 0 days 1,772 sqft
    2021-01-01 0 days 1,780 sqft
    2021-02-01 0 days 1,805 sqft
    2021-03-01 0 days 1,840 sqft
    2021-04-01 0 days 2,017 sqft
    2021-05-01 0 days 2,539 sqft
    2021-06-01 0 days 1,881 sqft
    2021-07-01 0 days 1,850 sqft
    2021-08-01 0 days 1,850 sqft
    2021-09-01 0 days 1,865 sqft
    2021-10-01 0 days 1,880 sqft
    2021-11-01 0 days 1,807 sqft
    2021-12-01 0 days 1,801 sqft
    2022-01-01 0 days 1,932 sqft
    2022-02-01 0 days 2,582 sqft
    2022-03-01 0 days 2,574 sqft
    2022-04-01 0 days 1,560 sqft
    2022-05-01 0 days 1,627 sqft
    2022-06-01 0 days 1,683 sqft
    2022-07-01 0 days 1,525 sqft
    2022-08-01 0 days 1,658 sqft
    2022-09-01 0 days 1,671 sqft
    2022-10-01 0 days 1,570 sqft
    2022-11-01 0 days 1,555 sqft
    2022-12-01 0 days 1,550 sqft
    2023-01-01 0 days 1,966 sqft
    2023-02-01 0 days 1,689 sqft
    2023-03-01 0 days 1,550 sqft
    2023-04-01 0 days 1,753 sqft
    2023-05-01 0 days 1,735 sqft
    2023-06-01 0 days 1,651 sqft
    2023-07-01 0 days 1,609 sqft
    2023-08-01 0 days 1,670 sqft
    2023-09-01 0 days 1,897 sqft
    2023-10-01 0 days 1,613 sqft
    2023-11-01 0 days 1,667 sqft
    2023-12-01 0 days 1,651 sqft
    2024-01-01 0 days 1,756 sqft
    2024-02-01 0 days 2,056 sqft
    2024-03-01 0 days 1,780 sqft
    Wauchula's median listing age (time on market) for 2024-03-01 was 0 days.

    Wauchula's median square footage for active listings during the 2024-03-01 period was 1,780 sqft. One year prior, the average listing was 1,550 sqft.