Zanesville USDA Loan Rates, Closing Costs & Stats

Zanesville, 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.

    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 6.26% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

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

    The average rate for the prior week (2024-12-06) was 6.5% and one month ago for the week of 2024-11-08, the average rate was 6.61%.

    The average rate one year ago was 7.08%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.2%.

    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
    2024-05-01 $279,950 (23.2%) $313,212 (14.6%) 0.00 89
    2024-06-01 $284,900 (9.6%) $321,665 (5.8%) 0.00 111
    2024-07-01 $266,600 (10.4%) $323,676 (19.5%) 0.00 140
    2024-08-01 $259,450 (1.8%) $321,716 (16.8%) 0.00 130
    2024-09-01 $272,550 (9.2%) $306,650 (14.4%) 0.00 140
    2024-10-01 $256,250 (1.5%) $291,901 (8.5%) 0.00 157
    2024-11-01 $259,900 (9.5%) $290,807 (13.6%) 0.00 167
    Zanesville's median listing price for 2024-11-01 was $259,900, a difference of $22,500 (9.5%) versus the prior year and $3,650 versus the prior month.

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

    Zanesville's average listing price for 2024-11-01 was $290,807, a difference of $34,742 (13.6%) versus the prior year and $-1,094 versus the prior month.

    For the 2024-11-01 period, Zanesville had 167 MLS listings, a difference of 10 listings (6%) versus the prior month and 30 listings (22%) 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
    2024-05-01 0 days 2,048 sqft
    2024-06-01 0 days 2,074 sqft
    2024-07-01 0 days 2,100 sqft
    2024-08-01 0 days 2,100 sqft
    2024-09-01 0 days 2,031 sqft
    2024-10-01 0 days 1,916 sqft
    2024-11-01 0 days 1,920 sqft
    Zanesville's median listing age (time on market) for 2024-11-01 was 0 days.

    Zanesville's median square footage for active listings during the 2024-11-01 period was 1,920 sqft. One year prior, the average listing was 1,884 sqft.