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 7.11% for the week of 2024-05-17, compared to the national average (all USDA variants) of 6.75% for the same period.

Zanesville's average USDA mortgage closing costs are $5,431.

The average rate for the prior week (2024-05-10) was 6.85% and one month ago for the week of 2024-04-12, the average rate was 6.77%.

The average rate one year ago was 6.45%.

For refis of the same type during the week of 2024-05-17, the average rate was 6.75%.

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

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
2024-04-01 $249,450 (34.8%) $282,826 (14.6%) 0.00 77
Zanesville's median listing price for 2024-04-01 was $249,450, a difference of $64,450 (34.8%) versus the prior year and $-2,300 versus the prior month.

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

Zanesville's average listing price for 2024-04-01 was $282,826, a difference of $36,048 (14.6%) versus the prior year and $-742 versus the prior month.

For the 2024-04-01 period, Zanesville had 77 MLS listings, a difference of -6 listings (-7%) versus the prior month and -18 listings (-19%) 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 1,832 sqft
2024-03-01 0 days 1,830 sqft
2024-04-01 0 days 1,840 sqft
Zanesville's median listing age (time on market) for 2024-04-01 was 0 days.

Zanesville's median square footage for active listings during the 2024-04-01 period was 1,840 sqft. One year prior, the average listing was 1,551 sqft.