Zanesville USDA Loan Rates, Closing Costs & Stats
Zanesville, OH
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.
Zanesville's 13 lenders originated 30 USDA loans during 2023. The total origination value was $5,170,000, with an average USDA loan value of $172,333.
Zanesville USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Zanesville
averaged
7.12%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Zanesville's average USDA mortgage closing costs are $5,431.
The average rate for the prior week (2024-04-12) was
6.87% and
one month ago for the week of 2024-03-15, the
average rate was 6.96%.
The average rate one year ago was 6.5%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.86%.
Zanesville 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 Zanesville level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| MID AMERICA MORTGAGE, INC. | 6 | 6.69% | $6,665 |
| J. VIRGIL, INC. | 5 | 7.18% | $7,476 |
| CROSSCOUNTRY MORTGAGE, LLC | 5 | 7.03% | $8,381 |
| FIRST COMMUNITY MORTGAGE, INC. | 3 | 6.21% | $6,032 |
| RUOFF MORTGAGE COMPANY, INC. | 2 | 6.06% | $2,461 |
| The Huntington National Bank | 2 | 6.81% | $6,259 |
| SOUTHPOINT FINANCIAL SERVICES, INC. | 1 | 7.38% | $1,849 |
| The State Bank and Trust Company | 1 | 6.50% | $5,356 |
| EQUITY RESOURCES, INC. | 1 | 6.99% | $5,447 |
| LIBERTY HOME MORTGAGE CORPORATION | 1 | 6.25% | $9,709 |
| NEWREZ LLC | 1 | 6.75% | $4,993 |
| Northpointe Bank | 1 | 5.75% | $9,906 |
| POLARIS HOME FUNDING CORP. | 1 | 6.88% | $9,535 |
The top Zanesville USDA lender as defined by loan originations is MID AMERICA MORTGAGE, INC., with
6 USDA loans originated. Their average total fees are
$6,665, which is $812
lower than the next largest lender,
J. VIRGIL, INC..
The lowest fee Zanesville USDA lenders (with over 10 loans originated) are
.
The lowest rate Zanesville USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Zanesville (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 | $139,800 (9.0%) | $174,380 (4.5%) | 0.00 | 226 |
| 2018-02-01 | $149,900 (15.6%) | $185,634 (9.0%) | 0.00 | 210 |
| 2018-03-01 | $154,900 (19.3%) | $194,882 (13.8%) | 0.00 | 183 |
| 2018-04-01 | $151,300 (13.4%) | $191,801 (11.5%) | 0.00 | 193 |
| 2018-05-01 | $149,900 (8.3%) | $191,666 (9.9%) | 0.00 | 210 |
| 2018-06-01 | $159,567 (20.0%) | $195,428 (13.7%) | 0.00 | 230 |
| 2018-07-01 | $154,900 (19.3%) | $193,876 (15.3%) | 0.00 | 276 |
| 2018-08-01 | $154,900 (13.6%) | $197,333 (15.6%) | 0.00 | 284 |
| 2018-09-01 | $150,000 (15.5%) | $196,742 (16.1%) | 0.00 | 292 |
| 2018-10-01 | $152,975 (13.9%) | $199,303 (16.8%) | 0.00 | 297 |
| 2018-11-01 | $154,675 (19.1%) | $201,595 (16.6%) | 0.00 | 295 |
| 2018-12-01 | $159,900 (18.5%) | $206,632 (21.9%) | 0.00 | 270 |
| 2019-01-01 | $157,400 (12.6%) | $202,550 (16.2%) | 0.00 | 246 |
| 2019-02-01 | $159,550 (6.4%) | $207,901 (12.0%) | 0.00 | 220 |
| 2019-03-01 | $159,729 (3.1%) | $209,049 (7.3%) | 0.00 | 205 |
| 2019-04-01 | $159,729 (5.6%) | $204,393 (6.6%) | 0.00 | 206 |
| 2019-05-01 | $159,900 (6.7%) | $197,663 (3.1%) | 0.00 | 222 |
| 2019-06-01 | $165,900 (4.0%) | $207,317 (6.1%) | 0.00 | 219 |
| 2019-07-01 | $169,800 (9.6%) | $210,339 (8.5%) | 0.00 | 216 |
| 2019-08-01 | $169,791 (9.6%) | $211,208 (7.0%) | 0.00 | 218 |
| 2019-09-01 | $169,627 (13.1%) | $209,656 (6.6%) | 0.00 | 214 |
| 2019-10-01 | $169,518 (10.8%) | $209,422 (5.1%) | 0.00 | 209 |
| 2019-11-01 | $154,950 (0.2%) | $202,072 (0.2%) | 0.00 | 194 |
| 2019-12-01 | $158,650 (-0.8%) | $196,182 (-5.1%) | 0.00 | 177 |
| 2020-01-01 | $157,400 (0.0%) | $190,185 (-6.1%) | 0.00 | 162 |
| 2020-02-01 | $149,900 (-6.1%) | $187,493 (-9.8%) | 0.00 | 159 |
| 2020-03-01 | $149,300 (-6.5%) | $186,391 (-10.8%) | 0.00 | 140 |
| 2020-04-01 | $146,850 (-8.1%) | $195,392 (-4.4%) | 0.00 | 134 |
| 2020-05-01 | $179,000 (11.9%) | $216,717 (9.6%) | 0.00 | 124 |
| 2020-06-01 | $178,425 (7.6%) | $223,583 (7.9%) | 0.00 | 117 |
| 2020-07-01 | $179,675 (5.8%) | $234,260 (11.4%) | 0.00 | 101 |
| 2020-08-01 | $179,000 (5.4%) | $208,764 (-1.2%) | 0.00 | 84 |
| 2020-09-01 | $159,900 (-5.7%) | $208,826 (-0.4%) | 0.00 | 86 |
| 2020-10-01 | $154,450 (-8.9%) | $190,397 (-9.1%) | 0.00 | 94 |
| 2020-11-01 | $145,750 (-5.9%) | $177,467 (-12.2%) | 0.00 | 107 |
| 2020-12-01 | $151,900 (-4.3%) | $174,414 (-11.1%) | 0.00 | 103 |
| 2021-01-01 | $146,400 (-7.0%) | $168,506 (-11.4%) | 0.00 | 97 |
| 2021-02-01 | $150,450 (0.4%) | $175,468 (-6.4%) | 0.00 | 65 |
| 2021-03-01 | $166,150 (11.3%) | $187,803 (0.8%) | 0.00 | 45 |
| 2021-04-01 | $171,200 (16.6%) | $211,514 (8.3%) | 0.00 | 61 |
| 2021-05-01 | $169,900 (-5.1%) | $200,607 (-7.4%) | 0.00 | 60 |
| 2021-06-01 | $177,900 (-0.3%) | $211,034 (-5.6%) | 0.00 | 77 |
| 2021-07-01 | $179,900 (0.1%) | $213,794 (-8.7%) | 0.00 | 88 |
| 2021-08-01 | $179,900 (0.5%) | $227,206 (8.8%) | 0.00 | 82 |
| 2021-09-01 | $174,900 (9.4%) | $226,552 (8.5%) | 0.00 | 84 |
| 2021-10-01 | $169,900 (10.0%) | $226,415 (18.9%) | 0.00 | 105 |
| 2021-11-01 | $169,450 (16.3%) | $216,286 (21.9%) | 0.00 | 100 |
| 2021-12-01 | $163,425 (7.6%) | $205,814 (18.0%) | 0.00 | 79 |
| 2022-01-01 | $157,500 (7.6%) | $232,671 (38.1%) | 0.00 | 72 |
| 2022-02-01 | $155,000 (3.0%) | $227,894 (29.9%) | 0.00 | 77 |
| 2022-03-01 | $152,250 (-8.4%) | $214,431 (14.2%) | 0.00 | 80 |
| 2022-04-01 | $161,450 (-5.7%) | $216,467 (2.3%) | 0.00 | 79 |
| 2022-05-01 | $172,450 (1.5%) | $235,694 (17.5%) | 0.00 | 82 |
| 2022-06-01 | $182,900 (2.8%) | $252,241 (19.5%) | 0.00 | 93 |
| 2022-07-01 | $182,400 (1.4%) | $235,295 (10.1%) | 0.00 | 103 |
| 2022-08-01 | $194,500 (8.1%) | $250,548 (10.3%) | 0.00 | 115 |
| 2022-09-01 | $222,450 (27.2%) | $267,947 (18.3%) | 0.00 | 126 |
| 2022-10-01 | $225,000 (32.4%) | $261,847 (15.7%) | 0.00 | 122 |
| 2022-11-01 | $207,000 (22.2%) | $244,379 (13.0%) | 0.00 | 119 |
| 2022-12-01 | $201,500 (23.3%) | $247,547 (20.3%) | 0.00 | 112 |
| 2023-01-01 | $198,750 (26.2%) | $244,315 (5.0%) | 0.00 | 116 |
| 2023-02-01 | $189,500 (22.3%) | $251,147 (10.2%) | 0.00 | 98 |
| 2023-03-01 | $185,300 (21.7%) | $250,254 (16.7%) | 0.00 | 96 |
| 2023-04-01 | $185,000 (14.6%) | $246,778 (14.0%) | 0.00 | 95 |
| 2023-05-01 | $227,225 (31.8%) | $273,322 (16.0%) | 0.00 | 86 |
| 2023-06-01 | $259,925 (42.1%) | $304,175 (20.6%) | 0.00 | 93 |
| 2023-07-01 | $241,450 (32.4%) | $270,844 (15.1%) | 0.00 | 106 |
| 2023-08-01 | $254,950 (31.1%) | $275,458 (9.9%) | 0.00 | 111 |
| 2023-09-01 | $249,700 (12.3%) | $268,086 (0.1%) | 0.00 | 122 |
| 2023-10-01 | $252,450 (12.2%) | $268,935 (2.7%) | 0.00 | 140 |
| 2023-11-01 | $237,400 (14.7%) | $256,065 (4.8%) | 0.00 | 137 |
| 2023-12-01 | $239,000 (18.6%) | $254,107 (2.7%) | 0.00 | 133 |
| 2024-01-01 | $242,175 (21.9%) | $266,698 (9.2%) | 0.00 | 105 |
| 2024-02-01 | $241,175 (27.3%) | $276,221 (10.0%) | 0.00 | 84 |
| 2024-03-01 | $251,750 (35.9%) | $283,568 (13.3%) | 0.00 | 83 |
Zanesville's median listing price comes in at 0% of the national average.
Zanesville's average listing price for 2024-03-01 was $283,568, a difference of $33,314 (13.3%) versus the prior year and $7,347 versus the prior month.
For the 2024-03-01 period, Zanesville had 83 MLS listings, a difference of -1 listings (-1%) versus the prior month and -13 listings (-14%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Zanesville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,609 sqft |
| 2018-02-01 | 0 days | 1,679 sqft |
| 2018-03-01 | 0 days | 1,666 sqft |
| 2018-04-01 | 0 days | 1,626 sqft |
| 2018-05-01 | 0 days | 1,616 sqft |
| 2018-06-01 | 0 days | 1,630 sqft |
| 2018-07-01 | 0 days | 1,897 sqft |
| 2018-08-01 | 0 days | 1,912 sqft |
| 2018-09-01 | 0 days | 1,891 sqft |
| 2018-10-01 | 0 days | 1,892 sqft |
| 2018-11-01 | 0 days | 1,960 sqft |
| 2018-12-01 | 0 days | 1,970 sqft |
| 2019-01-01 | 0 days | 1,898 sqft |
| 2019-02-01 | 0 days | 1,915 sqft |
| 2019-03-01 | 0 days | 1,912 sqft |
| 2019-04-01 | 0 days | 1,903 sqft |
| 2019-05-01 | 0 days | 1,681 sqft |
| 2019-06-01 | 0 days | 1,786 sqft |
| 2019-07-01 | 0 days | 1,777 sqft |
| 2019-08-01 | 0 days | 1,790 sqft |
| 2019-09-01 | 0 days | 1,826 sqft |
| 2019-10-01 | 0 days | 1,849 sqft |
| 2019-11-01 | 0 days | 1,781 sqft |
| 2019-12-01 | 0 days | 1,767 sqft |
| 2020-01-01 | 0 days | 1,771 sqft |
| 2020-02-01 | 0 days | 1,813 sqft |
| 2020-03-01 | 0 days | 1,754 sqft |
| 2020-04-01 | 0 days | 1,761 sqft |
| 2020-05-01 | 0 days | 1,916 sqft |
| 2020-06-01 | 0 days | 1,895 sqft |
| 2020-07-01 | 0 days | 1,907 sqft |
| 2020-08-01 | 0 days | 1,685 sqft |
| 2020-09-01 | 0 days | 1,667 sqft |
| 2020-10-01 | 0 days | 1,680 sqft |
| 2020-11-01 | 0 days | 1,705 sqft |
| 2020-12-01 | 0 days | 1,684 sqft |
| 2021-01-01 | 0 days | 1,629 sqft |
| 2021-02-01 | 0 days | 1,628 sqft |
| 2021-03-01 | 0 days | 1,648 sqft |
| 2021-04-01 | 0 days | 1,680 sqft |
| 2021-05-01 | 0 days | 1,832 sqft |
| 2021-06-01 | 0 days | 1,895 sqft |
| 2021-07-01 | 0 days | 1,992 sqft |
| 2021-08-01 | 0 days | 1,949 sqft |
| 2021-09-01 | 0 days | 1,875 sqft |
| 2021-10-01 | 0 days | 1,746 sqft |
| 2021-11-01 | 0 days | 1,610 sqft |
| 2021-12-01 | 0 days | 1,564 sqft |
| 2022-01-01 | 0 days | 1,470 sqft |
| 2022-02-01 | 0 days | 1,610 sqft |
| 2022-03-01 | 0 days | 1,693 sqft |
| 2022-04-01 | 0 days | 1,549 sqft |
| 2022-05-01 | 0 days | 1,582 sqft |
| 2022-06-01 | 0 days | 1,681 sqft |
| 2022-07-01 | 0 days | 1,817 sqft |
| 2022-08-01 | 0 days | 1,664 sqft |
| 2022-09-01 | 0 days | 1,722 sqft |
| 2022-10-01 | 0 days | 1,729 sqft |
| 2022-11-01 | 0 days | 1,780 sqft |
| 2022-12-01 | 0 days | 1,656 sqft |
| 2023-01-01 | 0 days | 1,583 sqft |
| 2023-02-01 | 0 days | 1,558 sqft |
| 2023-03-01 | 0 days | 1,629 sqft |
| 2023-04-01 | 0 days | 1,551 sqft |
| 2023-05-01 | 0 days | 1,777 sqft |
| 2023-06-01 | 0 days | 1,891 sqft |
| 2023-07-01 | 0 days | 1,849 sqft |
| 2023-08-01 | 0 days | 2,033 sqft |
| 2023-09-01 | 0 days | 1,898 sqft |
| 2023-10-01 | 0 days | 1,900 sqft |
| 2023-11-01 | 0 days | 1,884 sqft |
| 2023-12-01 | 0 days | 1,839 sqft |
| 2024-01-01 | 0 days | 1,746 sqft |
| 2024-02-01 | 0 days | 1,836 sqft |
| 2024-03-01 | 0 days | 1,839 sqft |
Zanesville's median square footage for active listings during the 2024-03-01 period was 1,839 sqft. One year prior, the average listing was 1,629 sqft.