browse list of realtors working in Sumter County
Sumter county has 1 usdaproperties.com realtor ready to help with your search!
September 2024 Featured Agent | |
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Christa Vivolo | from Tropic Shores Realty |
There are 164 USDA backed residential loans in Sumter county with an average loan balance of $113,747. Over 81% of the loans helped first time home buyers. Borrowers were an average age of 41 years old. The typical appraised home value was around $116,993. On average the rural home size purchased with this loan was approximately 1,401 SqFt. Sumter county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.
The size of Sumter County is roughly 1,502 square kilometers. USDA defined regions of rural loan ineligibility in Sumter cover 82 square kilometers of the county. Approximately 5.5% of Sumter County is ineligible for traditional USDA home loans. The influence score for Sumter County is 4. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Sumter County, FL
* cities most likely to have USDA loan eligible properties for sale.
Bamboo • *Bushnell • Carlson • *Center Hill • Cherry Lake • *Coleman • Cumpressco • *Lake Panasoffkee • Lincoln Park • Linden • Long Hammock • Mabel • Moreland Park • Orange Home • Oxford • Panacoochee Retreats • Royal • Rutland • Saint Catherine • Sumterville • Tarrytown • The Villages • Wahoo • *Webster • *Wildwood
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Sumter County.
Sumter County, located in the great state of Florida, has a rich historical background spanning from its establishment to present day. The county was created on January 8, 1853, and was named after General Thomas Sumter, a hero of the American Revolutionary War. Historical records indicate that the area was originally inhabited by Native Americans, specifically the Timucua tribe, prior to the arrival of Spanish explorers in the 16th century.
In the 19th century, Sumter County was primarily an agricultural community, with cotton, citrus, and cattle ranching driving the local economy. The county's growth, like much of Florida, was influenced by developments such as the construction of railroads, which connected previously isolated areas to major economic centers. The area continued to grow through the 20th century, with industries like tourism becoming increasingly relevant to the overall economy.
Sumter County has the unique distinction of being the location of the Dade Battlefield Historic State Park, which commemorates the 1835 Dade Battle during the Second Seminole War. This conflict was between Native American Seminole warriors and US troops, ultimately resulting in a Seminole victory. The park now hosts annual historical reenactments of the battle, offering visitors an immersive peek into the past and a deeper understanding of the events that took place there.
A fun fact about Sumter County is that it is home to The Villages, a census-designated place known as one of the fastest-growing retirement communities in the United States, offering a myriad of amenities such as golf courses, shopping centers, and recreational activities for its residents.
In summary, Sumter County in Florida boasts a fascinating history with its roots in Native American culture and its growth driven by agriculture and infrastructure development. From the historical events of the Dade Battlefield to the thriving retirement community of The Villages, Sumter County offers a unique blend of the past and the present.