York USDA Loan Rates, Closing Costs & Stats

YORK-HANOVER, PA

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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.

    York's 23 lenders originated 40 USDA loans during 2023. The total origination value was $9,070,000, with an average USDA loan value of $226,750.

    York USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in York averaged 6.65% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    York's average USDA mortgage closing costs are $5,871.

    The average rate for the prior week (2024-04-12) was 6.9% and one month ago for the week of 2024-03-15, the average rate was 6.49%.

    The average rate one year ago was 6.23%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.24%.

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

    York 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 York level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    MOVEMENT MORTGAGE, LLC 5 7.25% $8,559
    GUILD MORTGAGE COMPANY 4 6.47% $6,681
    Meridian Bank Corporation 3 5.75% $8,278
    Northpointe Bank 3 6.25% $8,526
    York Traditions Bank 2 5.94% $8,669
    BROKER SOLUTIONS, INC. 2 6.13% $5,450
    ENVOY MORTGAGE, LTD 2 6.63% $12,140
    NFM, INC. 2 6.50% $8,639
    Towne Bank 2 6.38% $6,681
    UNITED WHOLESALE MORTGAGE, LLC 1 6.25% $10,889
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.75% $11,183
    CROSSCOUNTRY MORTGAGE, LLC 1 7.25% $6,575
    MEMBERS 1ST FEDERAL CREDIT UNION 1 6.25% $7,410
    Carrington Mortgage Services, LLC 1 7.13% $8,150
    BAYSHORE MORTGAGE FUNDING, LLC 1 7.13% $12,036
    WesBanco 1 5.63% $6,267
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.13% $12,022
    RADIUS FINANCIAL GROUP INC. 1 6.38% $8,755
    Alcova Mortgage LLC 1 7.25% $5,762
    UNION HOME MORTGAGE CORP. 1 7.00% $6,235
    DHI MORTGAGE COMPANY, LTD. 1 5.75% $6,728
    DIRECT MORTGAGE LOANS, LLC 1 7.62% $11,051
    EMM LOANS LLC 1 6.75% $10,590

    The top York USDA lender as defined by loan originations is MOVEMENT MORTGAGE, LLC, with 5 USDA loans originated. Their average total fees are $8,559, which is $1,878 higher than the next largest lender, GUILD MORTGAGE COMPANY.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - York (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 $211,450 (14.3%) $236,350 (10.1%) 0.78 1,523
    2018-02-01 $214,948 (16.2%) $242,400 (12.8%) 0.78 1,408
    2018-03-01 $213,841 (12.6%) $243,881 (9.3%) 0.75 1,393
    2018-04-01 $219,900 (10.0%) $246,816 (7.1%) 0.75 1,459
    2018-05-01 $226,950 (7.6%) $253,069 (7.2%) 0.76 1,496
    2018-06-01 $229,200 (9.2%) $255,716 (7.6%) 0.76 1,584
    2018-07-01 $228,029 (8.6%) $255,670 (6.4%) 0.76 1,597
    2018-08-01 $224,900 (7.1%) $253,853 (6.2%) 0.75 1,632
    2018-09-01 $219,900 (10.0%) $248,717 (5.5%) 0.74 1,588
    2018-10-01 $219,450 (5.1%) $246,196 (3.0%) 0.74 1,654
    2018-11-01 $219,900 (10.0%) $245,927 (5.6%) 0.75 1,661
    2018-12-01 $217,450 (8.8%) $243,135 (4.9%) 0.75 1,601
    2019-01-01 $218,343 (3.3%) $240,841 (1.9%) 0.75 1,416
    2019-02-01 $219,900 (2.3%) $243,174 (0.3%) 0.74 1,305
    2019-03-01 $219,900 (2.8%) $247,330 (1.4%) 0.72 1,287
    2019-04-01 $220,650 (0.3%) $253,281 (2.6%) 0.70 1,293
    2019-05-01 $228,400 (0.6%) $258,824 (2.3%) 0.71 1,335
    2019-06-01 $229,900 (0.3%) $263,519 (3.1%) 0.72 1,400
    2019-07-01 $238,734 (4.7%) $269,016 (5.2%) 0.75 1,417
    2019-08-01 $238,564 (6.1%) $271,551 (7.0%) 0.76 1,395
    2019-09-01 $236,559 (7.6%) $272,684 (9.6%) 0.76 1,357
    2019-10-01 $235,000 (7.1%) $273,413 (11.1%) 0.76 1,320
    2019-11-01 $231,490 (5.3%) $268,360 (9.1%) 0.76 1,203
    2019-12-01 $235,410 (8.3%) $267,752 (10.1%) 0.79 1,094
    2020-01-01 $237,659 (8.9%) $267,065 (10.9%) 0.79 994
    2020-02-01 $248,983 (13.2%) $274,477 (12.9%) 0.82 917
    2020-03-01 $258,570 (17.6%) $284,984 (15.2%) 0.81 909
    2020-04-01 $267,900 (21.4%) $292,028 (15.3%) 0.84 838
    2020-05-01 $259,995 (13.8%) $292,167 (12.9%) 0.79 900
    2020-06-01 $255,423 (11.1%) $289,737 (10.0%) 0.75 849
    2020-07-01 $260,629 (9.2%) $304,904 (13.3%) 0.76 754
    2020-08-01 $271,400 (13.8%) $307,605 (13.3%) 0.78 680
    2020-09-01 $268,445 (13.5%) $309,658 (13.6%) 0.77 644
    2020-10-01 $259,995 (10.6%) $305,693 (11.8%) 0.75 636
    2020-11-01 $262,500 (13.4%) $310,743 (15.8%) 0.77 605
    2020-12-01 $263,945 (12.1%) $315,609 (17.9%) 0.79 540
    2021-01-01 $264,945 (11.5%) $316,802 (18.6%) 0.79 442
    2021-02-01 $274,482 (10.2%) $319,792 (16.5%) 0.80 405
    2021-03-01 $276,443 (6.9%) $309,138 (8.5%) 0.78 422
    2021-04-01 $280,705 (4.8%) $308,093 (5.5%) 0.76 427
    2021-05-01 $279,900 (7.7%) $304,129 (4.1%) 0.74 479
    2021-06-01 $260,495 (2.0%) $294,889 (1.8%) 0.69 595
    2021-07-01 $269,900 (3.6%) $300,589 (-1.4%) 0.71 634
    2021-08-01 $263,765 (-2.8%) $298,617 (-2.9%) 0.70 654
    2021-09-01 $264,000 (-1.7%) $303,367 (-2.0%) 0.70 640
    2021-10-01 $264,900 (1.9%) $305,291 (-0.1%) 0.71 590
    2021-11-01 $264,746 (0.9%) $304,550 (-2.0%) 0.71 561
    2021-12-01 $278,332 (5.5%) $321,667 (1.9%) 0.75 484
    2022-01-01 $306,520 (15.7%) $340,711 (7.6%) 0.83 414
    2022-02-01 $312,995 (14.0%) $341,601 (6.8%) 0.81 416
    2022-03-01 $322,490 (16.7%) $347,593 (12.4%) 0.81 444
    2022-04-01 $324,900 (15.7%) $347,513 (12.8%) 0.77 449
    2022-05-01 $326,945 (16.8%) $357,804 (17.7%) 0.75 521
    2022-06-01 $323,160 (24.1%) $357,922 (21.4%) 0.72 570
    2022-07-01 $319,000 (18.2%) $353,553 (17.6%) 0.72 618
    2022-08-01 $324,900 (23.2%) $356,868 (19.5%) 0.75 606
    2022-09-01 $329,200 (24.7%) $363,824 (19.9%) 0.77 597
    2022-10-01 $340,000 (28.4%) $365,063 (19.6%) 0.80 598
    2022-11-01 $339,900 (28.4%) $359,741 (18.1%) 0.82 585
    2022-12-01 $345,000 (24.0%) $361,239 (12.3%) 0.85 565
    2023-01-01 $348,625 (13.7%) $362,814 (6.5%) 0.86 525
    2023-02-01 $358,650 (14.6%) $373,752 (9.4%) 0.87 479
    2023-03-01 $355,720 (10.3%) $373,584 (7.5%) 0.84 468
    2023-04-01 $342,805 (5.5%) $368,381 (6.0%) 0.80 449
    2023-05-01 $349,900 (7.0%) $374,042 (4.5%) 0.79 484
    2023-06-01 $348,975 (8.0%) $378,085 (5.6%) 0.78 511
    2023-07-01 $332,245 (4.2%) $379,103 (7.2%) 0.76 566
    2023-08-01 $337,495 (3.9%) $388,188 (8.8%) 0.78 604
    2023-09-01 $329,995 (0.2%) $381,126 (4.8%) 0.77 656
    2023-10-01 $322,450 (-5.2%) $374,134 (2.5%) 0.76 714
    2023-11-01 $317,944 (-6.5%) $362,608 (0.8%) 0.76 742
    2023-12-01 $316,206 (-8.4%) $357,030 (-1.2%) 0.77 684
    2024-01-01 $324,990 (-6.8%) $370,567 (2.1%) 0.79 604
    2024-02-01 $337,490 (-5.9%) $381,468 (2.1%) 0.81 526
    2024-03-01 $339,900 (-4.5%) $392,169 (5.0%) 0.80 505
    York's median listing price for 2024-03-01 was $339,900, a difference of $-15,820 (-4.5%) versus the prior year and $2,410 versus the prior month.

    York's median listing price comes in at 80% of the national average.

    York's average listing price for 2024-03-01 was $392,169, a difference of $18,585 (5.0%) versus the prior year and $10,701 versus the prior month.

    For the 2024-03-01 period, York had 505 MLS listings, a difference of -21 listings (-4%) versus the prior month and 37 listings (8%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - York (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 85 days 1,837 sqft
    2018-02-01 79 days 1,843 sqft
    2018-03-01 60 days 1,846 sqft
    2018-04-01 49 days 1,860 sqft
    2018-05-01 44 days 1,872 sqft
    2018-06-01 46 days 2,060 sqft
    2018-07-01 52 days 2,017 sqft
    2018-08-01 54 days 2,013 sqft
    2018-09-01 57 days 2,000 sqft
    2018-10-01 58 days 1,988 sqft
    2018-11-01 58 days 1,949 sqft
    2018-12-01 65 days 1,909 sqft
    2019-01-01 75 days 1,873 sqft
    2019-02-01 78 days 1,874 sqft
    2019-03-01 63 days 1,892 sqft
    2019-04-01 48 days 1,921 sqft
    2019-05-01 44 days 1,960 sqft
    2019-06-01 47 days 1,982 sqft
    2019-07-01 47 days 2,025 sqft
    2019-08-01 50 days 2,045 sqft
    2019-09-01 54 days 2,040 sqft
    2019-10-01 56 days 2,031 sqft
    2019-11-01 61 days 1,996 sqft
    2019-12-01 69 days 1,972 sqft
    2020-01-01 70 days 1,959 sqft
    2020-02-01 59 days 1,977 sqft
    2020-03-01 42 days 2,030 sqft
    2020-04-01 62 days 2,070 sqft
    2020-05-01 67 days 2,072 sqft
    2020-06-01 41 days 2,012 sqft
    2020-07-01 40 days 2,053 sqft
    2020-08-01 40 days 2,064 sqft
    2020-09-01 37 days 1,996 sqft
    2020-10-01 48 days 1,976 sqft
    2020-11-01 51 days 1,950 sqft
    2020-12-01 58 days 1,939 sqft
    2021-01-01 66 days 1,920 sqft
    2021-02-01 61 days 1,893 sqft
    2021-03-01 42 days 1,905 sqft
    2021-04-01 38 days 1,909 sqft
    2021-05-01 37 days 1,909 sqft
    2021-06-01 36 days 1,865 sqft
    2021-07-01 38 days 1,870 sqft
    2021-08-01 38 days 1,861 sqft
    2021-09-01 45 days 1,846 sqft
    2021-10-01 51 days 1,880 sqft
    2021-11-01 45 days 1,844 sqft
    2021-12-01 50 days 1,855 sqft
    2022-01-01 49 days 1,902 sqft
    2022-02-01 39 days 1,900 sqft
    2022-03-01 38 days 1,920 sqft
    2022-04-01 38 days 1,950 sqft
    2022-05-01 35 days 1,944 sqft
    2022-06-01 34 days 1,960 sqft
    2022-07-01 37 days 1,983 sqft
    2022-08-01 36 days 1,955 sqft
    2022-09-01 44 days 2,001 sqft
    2022-10-01 48 days 2,026 sqft
    2022-11-01 51 days 2,009 sqft
    2022-12-01 54 days 2,000 sqft
    2023-01-01 61 days 2,001 sqft
    2023-02-01 50 days 2,068 sqft
    2023-03-01 43 days 2,024 sqft
    2023-04-01 39 days 1,976 sqft
    2023-05-01 33 days 2,009 sqft
    2023-06-01 36 days 1,994 sqft
    2023-07-01 35 days 1,958 sqft
    2023-08-01 34 days 1,965 sqft
    2023-09-01 37 days 1,967 sqft
    2023-10-01 41 days 1,934 sqft
    2023-11-01 40 days 1,922 sqft
    2023-12-01 49 days 1,900 sqft
    2024-01-01 59 days 1,914 sqft
    2024-02-01 53 days 1,919 sqft
    2024-03-01 40 days 1,924 sqft
    York's median listing age (time on market) for 2024-03-01 was 40 days. This is -8% shorter than the same period one year ago.

    York's median square footage for active listings during the 2024-03-01 period was 1,924 sqft. One year prior, the average listing was 2,024 sqft.