Winston USDA Loan Rates, Closing Costs & Stats
WINSTON-SALEM, NC
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.
Winston's 28 lenders originated 60 USDA loans during 2023. The total origination value was $13,300,000, with an average USDA loan value of $221,667.
Winston USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Winston
averaged
-0.09%
for the week of 2024-11-29, compared to the national average (all USDA variants) of
0% for the same period.
Winston's average USDA mortgage closing costs are $5,285.
The average rate for the prior week (2024-11-22) was
6.31% and
one month ago for the week of 2024-10-25, the
average rate was 6.01%.
The average rate one year ago was 6.81%.
For refis of the same type during the week of 2024-11-29, the average rate
was -0.07%.
Winston 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 Winston level.
The top Winston USDA lender as defined by loan originations is ATLANTIC BAY MORTGAGE GROUP, L.L.C., with
11 USDA loans originated. Their average total fees are
$10,310, which is $3,493
higher than the next largest lender,
MOVEMENT MORTGAGE, LLC.
The lowest fee Winston USDA lenders (with over 10 loans originated) are
ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($10,310), .
The lowest rate Winston USDA lenders (with over 10 loans originated) are
ATLANTIC BAY MORTGAGE GROUP, L.L.C. (6.59%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Winston (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $204,150 (10.4%) | $301,976 (14.5%) | 0.76 | 2,077 |
2018-02-01 | $218,675 (17.1%) | $312,575 (16.3%) | 0.79 | 2,037 |
2018-03-01 | $228,118 (18.2%) | $314,482 (13.3%) | 0.80 | 2,107 |
2018-04-01 | $233,009 (17.2%) | $318,006 (11.9%) | 0.79 | 2,161 |
2018-05-01 | $239,371 (18.5%) | $319,988 (11.1%) | 0.80 | 2,233 |
2018-06-01 | $240,000 (18.6%) | $319,048 (10.7%) | 0.80 | 2,275 |
2018-07-01 | $243,950 (19.1%) | $316,025 (7.4%) | 0.81 | 2,351 |
2018-08-01 | $238,923 (19.5%) | $305,813 (3.5%) | 0.80 | 2,154 |
2018-09-01 | $239,000 (19.6%) | $305,604 (4.2%) | 0.80 | 2,179 |
2018-10-01 | $239,900 (17.8%) | $304,662 (1.8%) | 0.81 | 2,167 |
2018-11-01 | $232,400 (12.0%) | $298,707 (-1.1%) | 0.79 | 2,106 |
2018-12-01 | $229,900 (15.0%) | $297,114 (-0.3%) | 0.79 | 1,892 |
2019-01-01 | $234,900 (15.1%) | $300,710 (-0.4%) | 0.81 | 1,764 |
2019-02-01 | $242,730 (11.0%) | $311,317 (-0.4%) | 0.82 | 1,699 |
2019-03-01 | $255,471 (12.0%) | $322,534 (2.6%) | 0.84 | 1,755 |
2019-04-01 | $267,950 (15.0%) | $333,948 (5.0%) | 0.85 | 1,793 |
2019-05-01 | $273,825 (14.4%) | $339,026 (6.0%) | 0.86 | 1,856 |
2019-06-01 | $275,000 (14.6%) | $343,994 (7.8%) | 0.86 | 1,866 |
2019-07-01 | $275,588 (13.0%) | $345,941 (9.5%) | 0.86 | 1,843 |
2019-08-01 | $277,444 (16.1%) | $345,619 (13.0%) | 0.88 | 1,862 |
2019-09-01 | $275,110 (15.1%) | $345,198 (13.0%) | 0.88 | 1,896 |
2019-10-01 | $274,407 (14.4%) | $347,791 (14.2%) | 0.89 | 1,899 |
2019-11-01 | $274,900 (18.3%) | $349,504 (17.0%) | 0.90 | 1,785 |
2019-12-01 | $270,000 (17.4%) | $346,730 (16.7%) | 0.90 | 1,625 |
2020-01-01 | $269,950 (14.9%) | $348,500 (15.9%) | 0.90 | 1,526 |
2020-02-01 | $289,990 (19.5%) | $368,872 (18.5%) | 0.95 | 1,416 |
2020-03-01 | $288,678 (13.0%) | $366,811 (13.7%) | 0.90 | 1,438 |
2020-04-01 | $283,881 (6.0%) | $365,810 (9.5%) | 0.89 | 1,521 |
2020-05-01 | $299,900 (9.5%) | $381,858 (12.6%) | 0.91 | 1,367 |
2020-06-01 | $301,359 (9.6%) | $391,174 (13.7%) | 0.89 | 1,235 |
2020-07-01 | $309,500 (12.3%) | $399,454 (15.5%) | 0.90 | 1,114 |
2020-08-01 | $303,390 (9.4%) | $387,190 (12.0%) | 0.87 | 1,057 |
2020-09-01 | $299,200 (8.8%) | $371,559 (7.6%) | 0.86 | 1,083 |
2020-10-01 | $299,900 (9.3%) | $376,131 (8.2%) | 0.86 | 1,065 |
2020-11-01 | $279,448 (1.7%) | $352,933 (1.0%) | 0.82 | 979 |
2020-12-01 | $269,450 (-0.2%) | $353,106 (1.8%) | 0.80 | 890 |
2021-01-01 | $271,445 (0.6%) | $351,824 (1.0%) | 0.81 | 784 |
2021-02-01 | $279,975 (-3.5%) | $362,784 (-1.7%) | 0.82 | 680 |
2021-03-01 | $282,370 (-2.2%) | $380,519 (3.7%) | 0.80 | 652 |
2021-04-01 | $277,741 (-2.2%) | $376,873 (3.0%) | 0.75 | 642 |
2021-05-01 | $265,000 (-11.6%) | $355,587 (-6.9%) | 0.70 | 655 |
2021-06-01 | $267,450 (-11.3%) | $354,478 (-9.4%) | 0.70 | 726 |
2021-07-01 | $274,317 (-11.4%) | $350,241 (-12.3%) | 0.72 | 771 |
2021-08-01 | $267,400 (-11.9%) | $341,469 (-11.8%) | 0.71 | 818 |
2021-09-01 | $267,900 (-10.5%) | $340,921 (-8.3%) | 0.71 | 887 |
2021-10-01 | $269,900 (-10.0%) | $346,703 (-7.8%) | 0.72 | 895 |
2021-11-01 | $275,000 (-1.6%) | $345,773 (-2.0%) | 0.74 | 840 |
2021-12-01 | $269,448 (0.0%) | $341,111 (-3.4%) | 0.73 | 701 |
2022-01-01 | $290,328 (7.0%) | $368,879 (4.9%) | 0.78 | 571 |
2022-02-01 | $293,995 (5.0%) | $373,396 (2.9%) | 0.76 | 533 |
2022-03-01 | $287,450 (1.8%) | $367,860 (-3.3%) | 0.72 | 570 |
2022-04-01 | $299,900 (8.0%) | $372,557 (-1.2%) | 0.71 | 604 |
2022-05-01 | $303,984 (14.7%) | $375,745 (5.7%) | 0.69 | 762 |
2022-06-01 | $317,475 (18.7%) | $382,925 (8.0%) | 0.71 | 838 |
2022-07-01 | $320,000 (16.7%) | $380,434 (8.6%) | 0.72 | 937 |
2022-08-01 | $320,493 (19.9%) | $368,682 (8.0%) | 0.74 | 1,016 |
2022-09-01 | $315,000 (17.6%) | $368,033 (8.0%) | 0.74 | 1,011 |
2022-10-01 | $320,000 (18.6%) | $374,143 (7.9%) | 0.75 | 1,091 |
2022-11-01 | $320,200 (16.4%) | $374,202 (8.2%) | 0.77 | 1,087 |
2022-12-01 | $319,997 (18.8%) | $378,199 (10.9%) | 0.79 | 1,037 |
2023-01-01 | $325,000 (11.9%) | $379,661 (2.9%) | 0.81 | 971 |
2023-02-01 | $329,787 (12.2%) | $382,763 (2.5%) | 0.80 | 960 |
2023-03-01 | $332,882 (15.8%) | $382,988 (4.1%) | 0.79 | 904 |
2023-04-01 | $339,900 (13.3%) | $400,796 (7.6%) | 0.79 | 899 |
2023-05-01 | $345,899 (13.8%) | $406,287 (8.1%) | 0.78 | 873 |
2023-06-01 | $340,659 (7.3%) | $419,543 (9.6%) | 0.77 | 888 |
2023-07-01 | $340,000 (6.3%) | $428,936 (12.8%) | 0.77 | 895 |
2023-08-01 | $339,898 (6.1%) | $427,265 (15.9%) | 0.78 | 960 |
2023-09-01 | $331,508 (5.2%) | $415,131 (12.8%) | 0.77 | 1,042 |
2023-10-01 | $335,000 (4.7%) | $413,178 (10.4%) | 0.79 | 1,099 |
2023-11-01 | $334,950 (4.6%) | $405,060 (8.3%) | 0.80 | 1,180 |
2023-12-01 | $329,995 (3.1%) | $397,435 (5.1%) | 0.80 | 1,181 |
2024-01-01 | $335,000 (3.1%) | $398,574 (5.0%) | 0.82 | 1,079 |
2024-02-01 | $329,325 (-0.1%) | $394,296 (3.0%) | 0.79 | 1,061 |
2024-03-01 | $335,000 (0.6%) | $407,946 (6.5%) | 0.79 | 1,096 |
2024-04-01 | $337,450 (-0.7%) | $416,221 (3.9%) | 0.78 | 1,142 |
2024-05-01 | $357,945 (3.5%) | $432,797 (6.5%) | 0.81 | 1,167 |
2024-06-01 | $364,995 (7.1%) | $426,961 (1.8%) | 0.82 | 1,215 |
2024-07-01 | $349,950 (2.9%) | $420,590 (-2.0%) | 0.80 | 1,304 |
2024-08-01 | $349,900 (2.9%) | $421,277 (-1.4%) | 0.81 | 1,347 |
2024-09-01 | $348,700 (5.2%) | $419,334 (1.0%) | 0.82 | 1,456 |
2024-10-01 | $347,575 (3.8%) | $416,402 (0.8%) | 0.82 | 1,502 |
Winston's median listing price comes in at 82% of the national average.
Winston's average listing price for 2024-10-01 was $416,402, a difference of $3,224 (0.8%) versus the prior year and $-2,932 versus the prior month.
For the 2024-10-01 period, Winston had 1,502 MLS listings, a difference of 46 listings (3%) versus the prior month and 403 listings (37%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Winston (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 92 days | 2,053 sqft |
2018-02-01 | 86 days | 2,112 sqft |
2018-03-01 | 60 days | 2,141 sqft |
2018-04-01 | 59 days | 2,170 sqft |
2018-05-01 | 58 days | 2,204 sqft |
2018-06-01 | 58 days | 2,222 sqft |
2018-07-01 | 66 days | 2,250 sqft |
2018-08-01 | 65 days | 2,216 sqft |
2018-09-01 | 65 days | 2,209 sqft |
2018-10-01 | 70 days | 2,175 sqft |
2018-11-01 | 75 days | 2,108 sqft |
2018-12-01 | 85 days | 2,079 sqft |
2019-01-01 | 94 days | 2,084 sqft |
2019-02-01 | 92 days | 2,137 sqft |
2019-03-01 | 71 days | 2,155 sqft |
2019-04-01 | 54 days | 2,135 sqft |
2019-05-01 | 52 days | 2,079 sqft |
2019-06-01 | 58 days | 2,296 sqft |
2019-07-01 | 64 days | 2,245 sqft |
2019-08-01 | 64 days | 2,250 sqft |
2019-09-01 | 61 days | 2,250 sqft |
2019-10-01 | 59 days | 2,256 sqft |
2019-11-01 | 65 days | 2,250 sqft |
2019-12-01 | 76 days | 2,208 sqft |
2020-01-01 | 80 days | 2,148 sqft |
2020-02-01 | 79 days | 2,114 sqft |
2020-03-01 | 52 days | 2,107 sqft |
2020-04-01 | 50 days | 2,294 sqft |
2020-05-01 | 64 days | 2,524 sqft |
2020-06-01 | 69 days | 2,590 sqft |
2020-07-01 | 57 days | 2,702 sqft |
2020-08-01 | 51 days | 2,518 sqft |
2020-09-01 | 41 days | 2,535 sqft |
2020-10-01 | 46 days | 2,482 sqft |
2020-11-01 | 63 days | 2,386 sqft |
2020-12-01 | 79 days | 1,925 sqft |
2021-01-01 | 78 days | 2,008 sqft |
2021-02-01 | 73 days | 1,998 sqft |
2021-03-01 | 45 days | 2,104 sqft |
2021-04-01 | 45 days | 1,847 sqft |
2021-05-01 | 51 days | 1,924 sqft |
2021-06-01 | 44 days | 1,827 sqft |
2021-07-01 | 46 days | 1,840 sqft |
2021-08-01 | 37 days | 1,892 sqft |
2021-09-01 | 36 days | 1,892 sqft |
2021-10-01 | 38 days | 1,893 sqft |
2021-11-01 | 45 days | 1,891 sqft |
2021-12-01 | 52 days | 1,795 sqft |
2022-01-01 | 57 days | 1,808 sqft |
2022-02-01 | 48 days | 1,777 sqft |
2022-03-01 | 32 days | 1,936 sqft |
2022-04-01 | 35 days | 1,986 sqft |
2022-05-01 | 35 days | 1,994 sqft |
2022-06-01 | 37 days | 2,081 sqft |
2022-07-01 | 39 days | 2,117 sqft |
2022-08-01 | 43 days | 1,993 sqft |
2022-09-01 | 45 days | 1,982 sqft |
2022-10-01 | 44 days | 2,104 sqft |
2022-11-01 | 51 days | 2,110 sqft |
2022-12-01 | 58 days | 2,108 sqft |
2023-01-01 | 63 days | 2,167 sqft |
2023-02-01 | 48 days | 2,194 sqft |
2023-03-01 | 45 days | 2,178 sqft |
2023-04-01 | 40 days | 2,192 sqft |
2023-05-01 | 46 days | 2,157 sqft |
2023-06-01 | 44 days | 2,164 sqft |
2023-07-01 | 43 days | 2,083 sqft |
2023-08-01 | 42 days | 2,124 sqft |
2023-09-01 | 42 days | 2,083 sqft |
2023-10-01 | 42 days | 2,083 sqft |
2023-11-01 | 44 days | 2,049 sqft |
2023-12-01 | 51 days | 2,006 sqft |
2024-01-01 | 60 days | 1,977 sqft |
2024-02-01 | 48 days | 1,932 sqft |
2024-03-01 | 44 days | 1,774 sqft |
2024-04-01 | 43 days | 1,789 sqft |
2024-05-01 | 41 days | 1,847 sqft |
2024-06-01 | 42 days | 2,008 sqft |
2024-07-01 | 46 days | 2,677 sqft |
2024-08-01 | 47 days | 2,800 sqft |
2024-09-01 | 48 days | 1,768 sqft |
2024-10-01 | 49 days | 1,757 sqft |
Winston's median square footage for active listings during the 2024-10-01 period was 1,757 sqft. One year prior, the average listing was 2,083 sqft.