La Crosse FHA Loan Rates, Closing Costs & Stats
LA CROSSE-ONALASKA, WI-MN
FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.
FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.
While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.
For additional requirements as defined by the FHA, click here.
La Crosse's 33 lenders originated 98 FHA loans during 2023. The total origination value was $22,720,000, with an average FHA loan value of $231,837.
La Crosse FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in La Crosse
averaged
0.18%
for the week of 2024-11-29, compared to the national average (all FHA variants) of
0% for the same period.
La Crosse's average FHA mortgage closing costs are $6,724.
The average rate for the prior week (2024-11-22) was
6.47% and
one month ago for the week of 2024-10-25, the
average rate was 6.15%.
The average rate one year ago was 7.24%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0.07%.
La Crosse FHA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the La Crosse level.
The top La Crosse FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with
21 FHA loans originated. Their average total fees are
$9,695, which is $2,267
lower than the next largest lender,
CROSSCOUNTRY MORTGAGE, LLC.
The lowest fee La Crosse FHA lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC ($9,695), .
The lowest rate La Crosse FHA lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.30%), .
La Crosse FHA Loan Limits
Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
---|---|---|---|---|---|---|
LA CROSSE-ONALASKA, WI-MN | HOUSTON | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
LA CROSSE-ONALASKA, WI-MN | LA CROSSE | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
LA CROSSE-ONALASKA, WI-MN | HOUSTON | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
LA CROSSE-ONALASKA, WI-MN | LA CROSSE | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - La Crosse (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $219,900 (5.0%) | $262,148 (-3.0%) | 0.82 | 283 |
2018-02-01 | $237,400 (13.9%) | $281,065 (3.4%) | 0.86 | 272 |
2018-03-01 | $239,900 (19.3%) | $292,557 (8.4%) | 0.84 | 270 |
2018-04-01 | $256,575 (24.6%) | $310,117 (15.3%) | 0.87 | 274 |
2018-05-01 | $249,900 (12.4%) | $316,174 (15.8%) | 0.83 | 314 |
2018-06-01 | $244,900 (7.9%) | $320,217 (16.7%) | 0.82 | 357 |
2018-07-01 | $242,400 (3.2%) | $316,935 (11.7%) | 0.81 | 379 |
2018-08-01 | $243,900 (9.1%) | $315,739 (15.5%) | 0.82 | 395 |
2018-09-01 | $249,900 (13.6%) | $318,044 (16.9%) | 0.84 | 387 |
2018-10-01 | $249,500 (15.7%) | $311,795 (18.0%) | 0.85 | 368 |
2018-11-01 | $244,175 (17.1%) | $306,820 (20.9%) | 0.83 | 338 |
2018-12-01 | $240,000 (11.7%) | $312,105 (25.0%) | 0.83 | 291 |
2019-01-01 | $244,500 (11.2%) | $312,616 (19.3%) | 0.84 | 239 |
2019-02-01 | $256,175 (7.9%) | $319,520 (13.7%) | 0.87 | 233 |
2019-03-01 | $259,900 (8.3%) | $323,229 (10.5%) | 0.85 | 245 |
2019-04-01 | $259,900 (1.3%) | $323,213 (4.2%) | 0.83 | 286 |
2019-05-01 | $259,425 (3.8%) | $325,859 (3.1%) | 0.81 | 310 |
2019-06-01 | $249,900 (2.0%) | $315,335 (-1.5%) | 0.78 | 389 |
2019-07-01 | $251,150 (3.6%) | $315,601 (-0.4%) | 0.79 | 397 |
2019-08-01 | $249,900 (2.5%) | $312,735 (-1.0%) | 0.79 | 400 |
2019-09-01 | $249,900 (0.0%) | $308,084 (-3.1%) | 0.80 | 407 |
2019-10-01 | $249,900 (0.2%) | $303,929 (-2.5%) | 0.81 | 406 |
2019-11-01 | $249,900 (2.3%) | $303,095 (-1.2%) | 0.82 | 361 |
2019-12-01 | $249,900 (4.1%) | $295,001 (-5.5%) | 0.83 | 322 |
2020-01-01 | $247,850 (1.4%) | $290,788 (-7.0%) | 0.83 | 278 |
2020-02-01 | $259,900 (1.5%) | $310,798 (-2.7%) | 0.85 | 258 |
2020-03-01 | $259,225 (-0.3%) | $308,035 (-4.7%) | 0.81 | 277 |
2020-04-01 | $269,900 (3.9%) | $314,019 (-2.8%) | 0.85 | 273 |
2020-05-01 | $265,000 (2.2%) | $307,901 (-5.5%) | 0.81 | 276 |
2020-06-01 | $274,925 (10.0%) | $311,548 (-1.2%) | 0.81 | 286 |
2020-07-01 | $288,085 (14.7%) | $323,434 (2.5%) | 0.84 | 290 |
2020-08-01 | $269,900 (8.0%) | $307,371 (-1.7%) | 0.77 | 296 |
2020-09-01 | $246,925 (-1.2%) | $291,244 (-5.5%) | 0.71 | 275 |
2020-10-01 | $243,500 (-2.6%) | $290,028 (-4.6%) | 0.70 | 240 |
2020-11-01 | $245,975 (-1.6%) | $297,684 (-1.8%) | 0.72 | 212 |
2020-12-01 | $234,375 (-6.2%) | $300,642 (1.9%) | 0.70 | 178 |
2021-01-01 | $250,500 (1.1%) | $321,980 (10.7%) | 0.75 | 127 |
2021-02-01 | $266,150 (2.4%) | $337,261 (8.5%) | 0.77 | 123 |
2021-03-01 | $292,400 (12.8%) | $332,835 (8.1%) | 0.83 | 120 |
2021-04-01 | $304,475 (12.8%) | $348,565 (11.0%) | 0.82 | 120 |
2021-05-01 | $315,800 (19.2%) | $344,918 (12.0%) | 0.84 | 124 |
2021-06-01 | $304,675 (10.8%) | $337,960 (8.5%) | 0.80 | 129 |
2021-07-01 | $286,250 (-0.6%) | $326,439 (0.9%) | 0.76 | 161 |
2021-08-01 | $288,900 (7.0%) | $329,973 (7.4%) | 0.77 | 169 |
2021-09-01 | $274,825 (11.3%) | $320,321 (10.0%) | 0.73 | 188 |
2021-10-01 | $295,000 (21.2%) | $323,815 (11.7%) | 0.79 | 180 |
2021-11-01 | $294,950 (19.9%) | $323,443 (8.7%) | 0.79 | 150 |
2021-12-01 | $282,475 (20.5%) | $329,298 (9.5%) | 0.77 | 150 |
2022-01-01 | $304,950 (21.7%) | $341,480 (6.1%) | 0.82 | 116 |
2022-02-01 | $299,950 (12.7%) | $342,124 (1.4%) | 0.78 | 93 |
2022-03-01 | $312,425 (6.9%) | $361,655 (8.7%) | 0.78 | 94 |
2022-04-01 | $324,900 (6.7%) | $370,716 (6.4%) | 0.77 | 98 |
2022-05-01 | $329,300 (4.3%) | $384,194 (11.4%) | 0.75 | 128 |
2022-06-01 | $324,225 (6.4%) | $382,388 (13.2%) | 0.72 | 144 |
2022-07-01 | $324,900 (13.5%) | $386,071 (18.3%) | 0.73 | 158 |
2022-08-01 | $341,875 (18.3%) | $400,422 (21.4%) | 0.79 | 168 |
2022-09-01 | $352,400 (28.2%) | $398,908 (24.5%) | 0.82 | 168 |
2022-10-01 | $359,900 (22.0%) | $398,639 (23.1%) | 0.85 | 168 |
2022-11-01 | $356,500 (20.9%) | $372,384 (15.1%) | 0.86 | 159 |
2022-12-01 | $365,000 (29.2%) | $376,665 (14.4%) | 0.90 | 133 |
2023-01-01 | $359,900 (18.0%) | $375,788 (10.1%) | 0.89 | 113 |
2023-02-01 | $364,900 (21.7%) | $375,825 (9.9%) | 0.88 | 104 |
2023-03-01 | $334,484 (7.1%) | $351,221 (-2.9%) | 0.79 | 112 |
2023-04-01 | $359,900 (10.8%) | $372,925 (0.6%) | 0.84 | 124 |
2023-05-01 | $342,400 (4.0%) | $372,757 (-3.0%) | 0.78 | 133 |
2023-06-01 | $337,400 (4.1%) | $385,689 (0.9%) | 0.76 | 138 |
2023-07-01 | $329,000 (1.3%) | $383,523 (-0.7%) | 0.75 | 135 |
2023-08-01 | $355,833 (4.1%) | $399,859 (-0.1%) | 0.82 | 150 |
2023-09-01 | $329,000 (-6.6%) | $386,503 (-3.1%) | 0.77 | 154 |
2023-10-01 | $333,425 (-7.4%) | $381,301 (-4.4%) | 0.78 | 165 |
2023-11-01 | $332,825 (-6.6%) | $378,926 (1.8%) | 0.79 | 158 |
2023-12-01 | $339,900 (-6.9%) | $374,679 (-0.5%) | 0.83 | 155 |
2024-01-01 | $342,400 (-4.9%) | $384,985 (2.5%) | 0.84 | 123 |
2024-02-01 | $341,450 (-6.4%) | $395,874 (5.3%) | 0.82 | 112 |
2024-03-01 | $377,450 (12.9%) | $399,663 (13.8%) | 0.89 | 122 |
2024-04-01 | $379,900 (5.6%) | $414,313 (11.1%) | 0.88 | 145 |
2024-05-01 | $408,700 (19.4%) | $460,791 (23.6%) | 0.92 | 150 |
2024-06-01 | $410,000 (21.5%) | $470,866 (22.1%) | 0.92 | 168 |
2024-07-01 | $379,900 (15.5%) | $445,375 (16.1%) | 0.87 | 176 |
2024-08-01 | $372,450 (4.7%) | $432,813 (8.2%) | 0.87 | 197 |
2024-09-01 | $360,225 (9.5%) | $420,157 (8.7%) | 0.85 | 211 |
2024-10-01 | $379,300 (13.8%) | $439,466 (15.3%) | 0.89 | 227 |
La Crosse's median listing price comes in at 89% of the national average.
La Crosse's average listing price for 2024-10-01 was $439,466, a difference of $58,165 (15.3%) versus the prior year and $19,309 versus the prior month.
For the 2024-10-01 period, La Crosse had 227 MLS listings, a difference of 16 listings (8%) versus the prior month and 62 listings (38%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - La Crosse (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 73 days | 1,921 sqft |
2018-02-01 | 70 days | 1,980 sqft |
2018-03-01 | 51 days | 1,951 sqft |
2018-04-01 | 39 days | 2,080 sqft |
2018-05-01 | 35 days | 2,038 sqft |
2018-06-01 | 37 days | 2,097 sqft |
2018-07-01 | 41 days | 2,114 sqft |
2018-08-01 | 41 days | 2,181 sqft |
2018-09-01 | 46 days | 2,208 sqft |
2018-10-01 | 51 days | 2,214 sqft |
2018-11-01 | 58 days | 2,200 sqft |
2018-12-01 | 68 days | 2,129 sqft |
2019-01-01 | 77 days | 1,988 sqft |
2019-02-01 | 64 days | 2,176 sqft |
2019-03-01 | 50 days | 2,162 sqft |
2019-04-01 | 33 days | 2,178 sqft |
2019-05-01 | 32 days | 2,156 sqft |
2019-06-01 | 32 days | 2,200 sqft |
2019-07-01 | 37 days | 2,134 sqft |
2019-08-01 | 41 days | 2,098 sqft |
2019-09-01 | 43 days | 2,065 sqft |
2019-10-01 | 46 days | 2,043 sqft |
2019-11-01 | 54 days | 2,014 sqft |
2019-12-01 | 67 days | 2,043 sqft |
2020-01-01 | 80 days | 2,067 sqft |
2020-02-01 | 71 days | 2,067 sqft |
2020-03-01 | 44 days | 2,058 sqft |
2020-04-01 | 43 days | 2,048 sqft |
2020-05-01 | 51 days | 2,036 sqft |
2020-06-01 | 38 days | 2,088 sqft |
2020-07-01 | 42 days | 2,276 sqft |
2020-08-01 | 39 days | 2,100 sqft |
2020-09-01 | 41 days | 1,912 sqft |
2020-10-01 | 43 days | 1,900 sqft |
2020-11-01 | 45 days | 1,847 sqft |
2020-12-01 | 47 days | 1,826 sqft |
2021-01-01 | 54 days | 1,852 sqft |
2021-02-01 | 33 days | 1,921 sqft |
2021-03-01 | 24 days | 1,952 sqft |
2021-04-01 | 23 days | 1,972 sqft |
2021-05-01 | 19 days | 1,973 sqft |
2021-06-01 | 25 days | 1,906 sqft |
2021-07-01 | 21 days | 1,835 sqft |
2021-08-01 | 24 days | 1,877 sqft |
2021-09-01 | 31 days | 1,902 sqft |
2021-10-01 | 40 days | 1,890 sqft |
2021-11-01 | 44 days | 1,926 sqft |
2021-12-01 | 46 days | 1,902 sqft |
2022-01-01 | 58 days | 2,000 sqft |
2022-02-01 | 42 days | 1,939 sqft |
2022-03-01 | 13 days | 1,885 sqft |
2022-04-01 | 15 days | 1,930 sqft |
2022-05-01 | 14 days | 1,915 sqft |
2022-06-01 | 23 days | 1,883 sqft |
2022-07-01 | 23 days | 1,880 sqft |
2022-08-01 | 27 days | 1,904 sqft |
2022-09-01 | 34 days | 1,970 sqft |
2022-10-01 | 33 days | 2,000 sqft |
2022-11-01 | 42 days | 2,003 sqft |
2022-12-01 | 60 days | 2,100 sqft |
2023-01-01 | 72 days | 1,942 sqft |
2023-02-01 | 63 days | 1,866 sqft |
2023-03-01 | 31 days | 1,865 sqft |
2023-04-01 | 32 days | 1,903 sqft |
2023-05-01 | 31 days | 1,880 sqft |
2023-06-01 | 40 days | 1,865 sqft |
2023-07-01 | 44 days | 1,872 sqft |
2023-08-01 | 39 days | 1,927 sqft |
2023-09-01 | 39 days | 1,892 sqft |
2023-10-01 | 41 days | 1,914 sqft |
2023-11-01 | 41 days | 1,906 sqft |
2023-12-01 | 48 days | 1,871 sqft |
2024-01-01 | 67 days | 1,871 sqft |
2024-02-01 | 59 days | 1,850 sqft |
2024-03-01 | 38 days | 1,960 sqft |
2024-04-01 | 33 days | 1,925 sqft |
2024-05-01 | 30 days | 1,963 sqft |
2024-06-01 | 45 days | 1,999 sqft |
2024-07-01 | 37 days | 2,006 sqft |
2024-08-01 | 31 days | 1,994 sqft |
2024-09-01 | 36 days | 1,943 sqft |
2024-10-01 | 41 days | 1,955 sqft |
La Crosse's median square footage for active listings during the 2024-10-01 period was 1,955 sqft. One year prior, the average listing was 1,914 sqft.