Wooster USDA Loan Rates, Closing Costs & Stats

Wooster, OH

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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.

    Wooster's 10 lenders originated 22 USDA loans during 2023. The total origination value was $3,610,000, with an average USDA loan value of $164,091.

    Wooster USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Wooster averaged 6.44% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Wooster's average USDA mortgage closing costs are $5,012.

    The average rate for the prior week (2025-02-07) was 6.59% and one month ago for the week of 2025-01-10, the average rate was 6.74%.

    The average rate one year ago was 6.73%.

    For refis of the same type during the week of 2025-02-14, the average rate was 7.08%.

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

    Wooster 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 Wooster level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    CROSSCOUNTRY MORTGAGE, LLC 6 6.42% $8,662
    UNION HOME MORTGAGE CORP. 4 7.03% $7,822
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.50% $3,134
    PLAZA HOME MORTGAGE, INC. 1 5.75% $10,500
    POLARIS HOME FUNDING CORP. 1 6.63% $8,619
    The Huntington National Bank 1 7.25% $4,388
    TOP FLITE FINANCIAL, INC. 1 7.25% $7,336
    U.S. Bank 1 6.75% $4,467
    First Federal Savings and Loan Association of Lakewood 1 6.63% $6,780
    NFM, INC. 1 7.38% $7,414

    The top Wooster USDA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with 6 USDA loans originated. Their average total fees are $8,662, which is $840 higher than the next largest lender, UNION HOME MORTGAGE CORP..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Wooster (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 $161,628 (24.9%) $203,238 (18.1%) 0.00 157
    2018-02-01 $161,975 (20.0%) $209,953 (14.7%) 0.00 150
    2018-03-01 $159,900 (16.3%) $220,330 (16.8%) 0.00 156
    2018-04-01 $161,950 (15.7%) $214,070 (14.7%) 0.00 154
    2018-05-01 $159,450 (13.5%) $212,148 (15.5%) 0.00 170
    2018-06-01 $165,000 (15.4%) $221,127 (19.5%) 0.00 184
    2018-07-01 $164,925 (17.9%) $225,298 (23.6%) 0.00 186
    2018-08-01 $166,250 (10.9%) $216,115 (13.2%) 0.00 223
    2018-09-01 $165,000 (10.8%) $213,940 (10.7%) 0.00 214
    2018-10-01 $168,200 (13.6%) $214,028 (10.3%) 0.00 217
    2018-11-01 $172,400 (9.5%) $214,398 (9.2%) 0.00 208
    2018-12-01 $179,900 (15.5%) $223,546 (15.4%) 0.00 191
    2019-01-01 $179,900 (11.3%) $226,544 (11.5%) 0.00 171
    2019-02-01 $179,900 (11.1%) $230,964 (10.0%) 0.00 149
    2019-03-01 $192,515 (20.4%) $237,421 (7.8%) 0.00 145
    2019-04-01 $207,232 (28.0%) $241,442 (12.8%) 0.00 142
    2019-05-01 $175,000 (9.8%) $219,350 (3.4%) 0.00 152
    2019-06-01 $184,950 (12.1%) $234,367 (6.0%) 0.00 157
    2019-07-01 $180,250 (9.3%) $231,681 (2.8%) 0.00 173
    2019-08-01 $185,318 (11.5%) $228,965 (6.0%) 0.00 177
    2019-09-01 $179,795 (9.0%) $221,190 (3.4%) 0.00 175
    2019-10-01 $176,114 (4.7%) $214,846 (0.4%) 0.00 174
    2019-11-01 $175,500 (1.8%) $213,839 (-0.3%) 0.00 160
    2019-12-01 $171,175 (-4.9%) $207,622 (-7.1%) 0.00 155
    2020-01-01 $172,550 (-4.1%) $211,060 (-6.8%) 0.00 140
    2020-02-01 $165,000 (-8.3%) $208,272 (-9.8%) 0.00 128
    2020-03-01 $161,450 (-16.1%) $206,598 (-13.0%) 0.00 126
    2020-04-01 $167,400 (-19.2%) $207,756 (-14.0%) 0.00 110
    2020-05-01 $162,900 (-6.9%) $208,617 (-4.9%) 0.00 95
    2020-06-01 $186,450 (0.8%) $232,195 (-0.9%) 0.00 98
    2020-07-01 $202,150 (12.2%) $234,486 (1.2%) 0.00 97
    2020-08-01 $205,000 (10.6%) $227,265 (-0.7%) 0.00 100
    2020-09-01 $208,350 (15.9%) $244,402 (10.5%) 0.00 116
    2020-10-01 $189,950 (7.9%) $233,895 (8.9%) 0.00 108
    2020-11-01 $183,650 (4.6%) $228,706 (7.0%) 0.00 96
    2020-12-01 $178,450 (4.3%) $224,607 (8.2%) 0.00 94
    2021-01-01 $166,950 (-3.3%) $228,294 (8.2%) 0.00 82
    2021-02-01 $194,700 (18.0%) $253,736 (21.8%) 0.00 63
    2021-03-01 $182,000 (12.7%) $244,353 (18.3%) 0.00 49
    2021-04-01 $199,950 (19.4%) $253,647 (22.1%) 0.00 51
    2021-05-01 $200,000 (22.8%) $246,102 (18.0%) 0.00 59
    2021-06-01 $199,975 (7.3%) $233,334 (0.5%) 0.00 66
    2021-07-01 $215,000 (6.4%) $277,038 (18.2%) 0.00 82
    2021-08-01 $197,225 (-3.8%) $266,286 (17.2%) 0.00 82
    2021-09-01 $193,450 (-7.2%) $277,942 (13.7%) 0.00 73
    2021-10-01 $199,900 (5.2%) $270,703 (15.7%) 0.00 80
    2021-11-01 $199,000 (8.4%) $277,944 (21.5%) 0.00 75
    2021-12-01 $199,925 (12.0%) $279,629 (24.5%) 0.00 59
    2022-01-01 $229,000 (37.2%) $235,116 (3.0%) 0.00 72
    2022-02-01 $224,000 (15.1%) $264,947 (4.4%) 0.00 52
    2022-03-01 $221,465 (21.7%) $290,512 (18.9%) 0.00 47
    2022-04-01 $210,000 (5.0%) $269,803 (6.4%) 0.00 54
    2022-05-01 $223,575 (11.8%) $271,330 (10.3%) 0.00 62
    2022-06-01 $260,000 (30.0%) $277,387 (18.9%) 0.00 73
    2022-07-01 $255,900 (19.0%) $285,521 (3.1%) 0.00 83
    2022-08-01 $253,925 (28.8%) $285,278 (7.1%) 0.00 92
    2022-09-01 $229,500 (18.6%) $270,011 (-2.9%) 0.00 87
    2022-10-01 $223,700 (11.9%) $261,140 (-3.5%) 0.00 95
    2022-11-01 $235,000 (18.1%) $272,186 (-2.1%) 0.00 89
    2022-12-01 $225,000 (12.5%) $258,585 (-7.5%) 0.00 83
    2023-01-01 $229,600 (0.3%) $265,189 (12.8%) 0.00 71
    2023-02-01 $244,950 (9.4%) $267,582 (1.0%) 0.00 73
    2023-03-01 $256,225 (15.7%) $273,908 (-5.7%) 0.00 76
    2023-04-01 $239,450 (14.0%) $253,114 (-6.2%) 0.00 71
    2023-05-01 $251,700 (12.6%) $267,750 (-1.3%) 0.00 70
    2023-06-01 $267,950 (3.1%) $280,878 (1.3%) 0.00 80
    2023-07-01 $280,000 (9.4%) $306,102 (7.2%) 0.00 87
    2023-08-01 $287,500 (13.2%) $304,869 (6.9%) 0.00 99
    2023-09-01 $275,000 (19.8%) $292,560 (8.4%) 0.00 107
    2023-10-01 $267,450 (19.6%) $294,824 (12.9%) 0.00 124
    2023-11-01 $279,950 (19.1%) $322,426 (18.5%) 0.00 122
    2023-12-01 $277,450 (23.3%) $334,022 (29.2%) 0.00 109
    2024-01-01 $285,000 (24.1%) $343,089 (29.4%) 0.00 81
    2024-02-01 $299,000 (22.1%) $366,167 (36.8%) 0.00 64
    2024-03-01 $282,500 (10.3%) $367,231 (34.1%) 0.00 57
    2024-04-01 $286,225 (19.5%) $361,022 (42.6%) 0.00 63
    2024-05-01 $329,900 (31.1%) $407,151 (52.1%) 0.00 68
    2024-06-01 $312,900 (16.8%) $366,262 (30.4%) 0.00 91
    2024-07-01 $307,450 (9.8%) $337,154 (10.1%) 0.00 106
    2024-08-01 $295,000 (2.6%) $320,035 (5.0%) 0.00 98
    2024-09-01 $281,000 (2.2%) $308,388 (5.4%) 0.00 106
    2024-10-01 $272,975 (2.1%) $298,624 (1.3%) 0.00 123
    2024-11-01 $274,900 (-1.8%) $300,125 (-6.9%) 0.00 128
    2024-12-01 $278,675 (0.4%) $294,490 (-11.8%) 0.00 120
    2025-01-01 $290,725 (2.0%) $310,954 (-9.4%) 0.00 101
    Wooster's median listing price for 2025-01-01 was $290,725, a difference of $5,725 (2.0%) versus the prior year and $12,050 versus the prior month.

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

    Wooster's average listing price for 2025-01-01 was $310,954, a difference of $-32,135 (-9.4%) versus the prior year and $16,464 versus the prior month.

    For the 2025-01-01 period, Wooster had 101 MLS listings, a difference of -19 listings (-16%) versus the prior month and 20 listings (25%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Wooster (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,463 sqft
    2018-02-01 0 days 1,458 sqft
    2018-03-01 0 days 1,456 sqft
    2018-04-01 0 days 1,492 sqft
    2018-05-01 0 days 1,503 sqft
    2018-06-01 0 days 1,536 sqft
    2018-07-01 0 days 1,790 sqft
    2018-08-01 0 days 1,789 sqft
    2018-09-01 0 days 1,826 sqft
    2018-10-01 0 days 1,837 sqft
    2018-11-01 0 days 1,817 sqft
    2018-12-01 0 days 1,864 sqft
    2019-01-01 0 days 1,778 sqft
    2019-02-01 0 days 1,704 sqft
    2019-03-01 0 days 1,706 sqft
    2019-04-01 0 days 1,722 sqft
    2019-05-01 0 days 1,577 sqft
    2019-06-01 0 days 1,670 sqft
    2019-07-01 0 days 1,617 sqft
    2019-08-01 0 days 1,645 sqft
    2019-09-01 0 days 1,685 sqft
    2019-10-01 0 days 1,712 sqft
    2019-11-01 0 days 1,676 sqft
    2019-12-01 0 days 1,672 sqft
    2020-01-01 0 days 1,639 sqft
    2020-02-01 0 days 1,617 sqft
    2020-03-01 0 days 1,626 sqft
    2020-04-01 0 days 1,612 sqft
    2020-05-01 0 days 1,698 sqft
    2020-06-01 0 days 1,698 sqft
    2020-07-01 0 days 1,719 sqft
    2020-08-01 0 days 1,737 sqft
    2020-09-01 0 days 1,750 sqft
    2020-10-01 0 days 1,746 sqft
    2020-11-01 0 days 1,700 sqft
    2020-12-01 0 days 1,712 sqft
    2021-01-01 0 days 1,665 sqft
    2021-02-01 0 days 1,628 sqft
    2021-03-01 0 days 1,615 sqft
    2021-04-01 0 days 1,626 sqft
    2021-05-01 0 days 1,580 sqft
    2021-06-01 0 days 1,587 sqft
    2021-07-01 0 days 1,718 sqft
    2021-08-01 0 days 1,645 sqft
    2021-09-01 0 days 1,709 sqft
    2021-10-01 0 days 1,731 sqft
    2021-11-01 0 days 1,752 sqft
    2021-12-01 0 days 1,676 sqft
    2022-01-01 0 days 1,620 sqft
    2022-02-01 0 days 1,620 sqft
    2022-03-01 0 days 1,713 sqft
    2022-04-01 0 days 1,743 sqft
    2022-05-01 0 days 1,747 sqft
    2022-06-01 0 days 1,867 sqft
    2022-07-01 0 days 1,966 sqft
    2022-08-01 0 days 2,005 sqft
    2022-09-01 0 days 1,809 sqft
    2022-10-01 0 days 1,776 sqft
    2022-11-01 0 days 1,823 sqft
    2022-12-01 0 days 1,672 sqft
    2023-01-01 0 days 1,775 sqft
    2023-02-01 0 days 1,790 sqft
    2023-03-01 0 days 1,959 sqft
    2023-04-01 0 days 1,899 sqft
    2023-05-01 0 days 1,892 sqft
    2023-06-01 0 days 1,889 sqft
    2023-07-01 0 days 1,998 sqft
    2023-08-01 0 days 2,026 sqft
    2023-09-01 0 days 1,942 sqft
    2023-10-01 0 days 1,932 sqft
    2023-11-01 0 days 1,907 sqft
    2023-12-01 0 days 1,901 sqft
    2024-01-01 0 days 1,867 sqft
    2024-02-01 0 days 1,910 sqft
    2024-03-01 0 days 2,011 sqft
    2024-04-01 0 days 1,845 sqft
    2024-05-01 0 days 2,033 sqft
    2024-06-01 0 days 1,882 sqft
    2024-07-01 0 days 1,806 sqft
    2024-08-01 0 days 1,744 sqft
    2024-09-01 0 days 1,742 sqft
    2024-10-01 0 days 1,730 sqft
    2024-11-01 0 days 1,730 sqft
    2024-12-01 0 days 1,719 sqft
    2025-01-01 0 days 1,714 sqft
    Wooster's median listing age (time on market) for 2025-01-01 was 0 days.

    Wooster's median square footage for active listings during the 2025-01-01 period was 1,714 sqft. One year prior, the average listing was 1,867 sqft.