Riverton FHA Loan Rates, Closing Costs & Stats
Riverton, WY
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.
Riverton's 29 lenders originated 71 FHA loans during 2023. The total origination value was $17,075,000, with an average FHA loan value of $240,493.
Riverton FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in Riverton
averaged
0.24%
for the week of 2024-11-29, compared to the national average (all FHA variants) of
0% for the same period.
Riverton's average FHA mortgage closing costs are $7,490.
The average rate for the prior week (2024-11-22) was
6.54% and
one month ago for the week of 2024-10-25, the
average rate was 6.21%.
The average rate one year ago was 7%.
For refis of the same type during the week of 2024-11-29, the average rate
was -0.2%.
Riverton 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 Riverton level.
The top Riverton FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with
13 FHA loans originated. Their average total fees are
$13,933, which is $5,022
higher than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee Riverton FHA lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC ($13,933), .
The lowest rate Riverton FHA lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.00%), .
Riverton FHA Loan Limits
Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
---|---|---|---|---|---|---|
RIVERTON, WY | FREMONT | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
RIVERTON, WY | FREMONT | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Riverton (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 | $245,000 (23.2%) | $307,341 (12.0%) | 0.00 | 297 |
2018-02-01 | $235,000 (18.0%) | $300,481 (6.7%) | 0.00 | 305 |
2018-03-01 | $229,000 (15.1%) | $294,495 (3.7%) | 0.00 | 313 |
2018-04-01 | $229,000 (11.7%) | $285,971 (-1.2%) | 0.00 | 320 |
2018-05-01 | $239,000 (9.9%) | $288,545 (0.0%) | 0.00 | 320 |
2018-06-01 | $242,500 (9.9%) | $298,227 (1.7%) | 0.00 | 320 |
2018-07-01 | $244,875 (9.7%) | $301,117 (1.4%) | 0.00 | 319 |
2018-08-01 | $236,000 (4.2%) | $302,713 (2.3%) | 0.00 | 313 |
2018-09-01 | $230,000 (2.2%) | $300,703 (1.9%) | 0.00 | 308 |
2018-10-01 | $229,900 (1.1%) | $293,254 (-2.2%) | 0.00 | 300 |
2018-11-01 | $229,950 (-2.2%) | $302,970 (2.3%) | 0.00 | 291 |
2018-12-01 | $235,000 (2.6%) | $307,478 (6.5%) | 0.00 | 275 |
2019-01-01 | $229,925 (-6.2%) | $299,137 (-2.7%) | 0.00 | 266 |
2019-02-01 | $217,000 (-7.7%) | $288,384 (-4.0%) | 0.00 | 273 |
2019-03-01 | $221,000 (-3.5%) | $288,040 (-2.2%) | 0.00 | 261 |
2019-04-01 | $229,000 (0.0%) | $286,051 (0.0%) | 0.00 | 266 |
2019-05-01 | $229,000 (-4.2%) | $279,633 (-3.1%) | 0.00 | 296 |
2019-06-01 | $229,000 (-5.6%) | $284,881 (-4.5%) | 0.00 | 318 |
2019-07-01 | $230,000 (-6.1%) | $289,789 (-3.8%) | 0.00 | 321 |
2019-08-01 | $230,727 (-2.2%) | $287,029 (-5.2%) | 0.00 | 312 |
2019-09-01 | $230,318 (0.1%) | $282,698 (-6.0%) | 0.00 | 298 |
2019-10-01 | $234,545 (2.0%) | $285,536 (-2.6%) | 0.00 | 273 |
2019-11-01 | $242,500 (5.5%) | $296,033 (-2.3%) | 0.00 | 242 |
2019-12-01 | $239,000 (1.7%) | $294,417 (-4.3%) | 0.00 | 225 |
2020-01-01 | $239,000 (4.0%) | $295,640 (-1.2%) | 0.00 | 211 |
2020-02-01 | $234,950 (8.3%) | $290,193 (0.6%) | 0.00 | 213 |
2020-03-01 | $229,975 (4.1%) | $290,459 (0.8%) | 0.00 | 212 |
2020-04-01 | $224,925 (-1.8%) | $283,597 (-0.9%) | 0.00 | 198 |
2020-05-01 | $219,000 (-4.4%) | $285,955 (2.3%) | 0.00 | 214 |
2020-06-01 | $219,875 (-4.0%) | $306,884 (7.7%) | 0.00 | 251 |
2020-07-01 | $239,000 (3.9%) | $316,996 (9.4%) | 0.00 | 261 |
2020-08-01 | $245,000 (6.2%) | $324,829 (13.2%) | 0.00 | 237 |
2020-09-01 | $248,950 (8.1%) | $335,793 (18.8%) | 0.00 | 214 |
2020-10-01 | $245,000 (4.5%) | $333,970 (17.0%) | 0.00 | 198 |
2020-11-01 | $245,000 (1.0%) | $320,245 (8.2%) | 0.00 | 177 |
2020-12-01 | $245,500 (2.7%) | $319,775 (8.6%) | 0.00 | 167 |
2021-01-01 | $245,000 (2.5%) | $310,960 (5.2%) | 0.00 | 154 |
2021-02-01 | $241,500 (2.8%) | $316,225 (9.0%) | 0.00 | 144 |
2021-03-01 | $250,750 (9.0%) | $345,704 (19.0%) | 0.00 | 144 |
2021-04-01 | $265,000 (17.8%) | $367,060 (29.4%) | 0.00 | 137 |
2021-05-01 | $265,000 (21.0%) | $367,879 (28.7%) | 0.00 | 143 |
2021-06-01 | $295,750 (34.5%) | $400,545 (30.5%) | 0.00 | 144 |
2021-07-01 | $289,000 (20.9%) | $531,201 (67.6%) | 0.00 | 143 |
2021-08-01 | $278,500 (13.7%) | $406,319 (25.1%) | 0.00 | 135 |
2021-09-01 | $315,000 (26.5%) | $429,747 (28.0%) | 0.00 | 137 |
2021-10-01 | $319,450 (30.4%) | $435,027 (30.3%) | 0.00 | 144 |
2021-11-01 | $315,000 (28.6%) | $431,902 (34.9%) | 0.00 | 126 |
2021-12-01 | $319,900 (30.3%) | $439,481 (37.4%) | 0.00 | 102 |
2022-01-01 | $317,450 (29.6%) | $449,311 (44.5%) | 0.00 | 83 |
2022-02-01 | $350,000 (44.9%) | $466,447 (47.5%) | 0.00 | 75 |
2022-03-01 | $371,250 (48.1%) | $476,325 (37.8%) | 0.00 | 79 |
2022-04-01 | $399,500 (50.8%) | $534,711 (45.7%) | 0.00 | 93 |
2022-05-01 | $381,750 (44.1%) | $503,399 (36.8%) | 0.00 | 95 |
2022-06-01 | $375,000 (26.8%) | $516,126 (28.9%) | 0.00 | 112 |
2022-07-01 | $382,500 (32.4%) | $504,646 (-5.0%) | 0.00 | 131 |
2022-08-01 | $385,000 (38.2%) | $636,398 (56.6%) | 0.00 | 139 |
2022-09-01 | $359,500 (14.1%) | $597,560 (39.1%) | 0.00 | 144 |
2022-10-01 | $359,500 (12.5%) | $622,231 (43.0%) | 0.00 | 131 |
2022-11-01 | $352,250 (11.8%) | $627,451 (45.3%) | 0.00 | 128 |
2022-12-01 | $347,500 (8.6%) | $544,094 (23.8%) | 0.00 | 116 |
2023-01-01 | $308,000 (-3.0%) | $507,565 (13.0%) | 0.00 | 111 |
2023-02-01 | $326,000 (-6.9%) | $514,953 (10.4%) | 0.00 | 102 |
2023-03-01 | $323,000 (-13.0%) | $523,014 (9.8%) | 0.00 | 95 |
2023-04-01 | $367,000 (-8.1%) | $541,080 (1.2%) | 0.00 | 96 |
2023-05-01 | $376,750 (-1.3%) | $512,117 (1.7%) | 0.00 | 128 |
2023-06-01 | $375,000 (0.0%) | $530,114 (2.7%) | 0.00 | 145 |
2023-07-01 | $379,000 (-0.9%) | $525,712 (4.2%) | 0.00 | 158 |
2023-08-01 | $396,000 (2.9%) | $521,841 (-18.0%) | 0.00 | 160 |
2023-09-01 | $375,000 (4.3%) | $553,269 (-7.4%) | 0.00 | 181 |
2023-10-01 | $375,000 (4.3%) | $562,565 (-9.6%) | 0.00 | 185 |
2023-11-01 | $394,625 (12.0%) | $562,305 (-10.4%) | 0.00 | 151 |
2023-12-01 | $360,000 (3.6%) | $535,425 (-1.6%) | 0.00 | 137 |
2024-01-01 | $349,250 (13.4%) | $496,474 (-2.2%) | 0.00 | 121 |
2024-02-01 | $348,500 (6.9%) | $483,203 (-6.2%) | 0.00 | 129 |
2024-03-01 | $357,500 (10.7%) | $497,806 (-4.8%) | 0.00 | 133 |
2024-04-01 | $377,500 (2.9%) | $542,397 (0.2%) | 0.00 | 148 |
2024-05-01 | $381,250 (1.2%) | $582,449 (13.7%) | 0.00 | 161 |
2024-06-01 | $425,000 (13.3%) | $605,694 (14.3%) | 0.00 | 176 |
2024-07-01 | $449,450 (18.6%) | $633,119 (20.4%) | 0.00 | 193 |
2024-08-01 | $449,900 (13.6%) | $672,267 (28.8%) | 0.00 | 190 |
2024-09-01 | $487,500 (30.0%) | $698,035 (26.2%) | 0.00 | 175 |
2024-10-01 | $495,000 (32.0%) | $725,406 (29.0%) | 0.00 | 162 |
Riverton's median listing price comes in at 0% of the national average.
Riverton's average listing price for 2024-10-01 was $725,406, a difference of $162,841 (29.0%) versus the prior year and $27,371 versus the prior month.
For the 2024-10-01 period, Riverton had 162 MLS listings, a difference of -13 listings (-7%) versus the prior month and -23 listings (-12%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Riverton (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,920 sqft |
2018-02-01 | 0 days | 1,920 sqft |
2018-03-01 | 0 days | 1,920 sqft |
2018-04-01 | 0 days | 1,847 sqft |
2018-05-01 | 0 days | 1,878 sqft |
2018-06-01 | 0 days | 1,920 sqft |
2018-07-01 | 0 days | 1,920 sqft |
2018-08-01 | 0 days | 1,920 sqft |
2018-09-01 | 0 days | 1,922 sqft |
2018-10-01 | 0 days | 1,923 sqft |
2018-11-01 | 0 days | 1,931 sqft |
2018-12-01 | 0 days | 1,939 sqft |
2019-01-01 | 0 days | 1,941 sqft |
2019-02-01 | 0 days | 1,920 sqft |
2019-03-01 | 0 days | 1,949 sqft |
2019-04-01 | 0 days | 1,998 sqft |
2019-05-01 | 0 days | 2,012 sqft |
2019-06-01 | 0 days | 1,987 sqft |
2019-07-01 | 0 days | 1,957 sqft |
2019-08-01 | 0 days | 1,965 sqft |
2019-09-01 | 0 days | 1,944 sqft |
2019-10-01 | 0 days | 1,974 sqft |
2019-11-01 | 0 days | 2,016 sqft |
2019-12-01 | 0 days | 2,016 sqft |
2020-01-01 | 0 days | 2,012 sqft |
2020-02-01 | 0 days | 1,978 sqft |
2020-03-01 | 0 days | 1,966 sqft |
2020-04-01 | 0 days | 1,931 sqft |
2020-05-01 | 0 days | 1,912 sqft |
2020-06-01 | 0 days | 1,924 sqft |
2020-07-01 | 0 days | 1,959 sqft |
2020-08-01 | 0 days | 1,991 sqft |
2020-09-01 | 0 days | 1,990 sqft |
2020-10-01 | 0 days | 2,040 sqft |
2020-11-01 | 0 days | 2,068 sqft |
2020-12-01 | 0 days | 2,027 sqft |
2021-01-01 | 0 days | 1,987 sqft |
2021-02-01 | 0 days | 1,976 sqft |
2021-03-01 | 0 days | 2,003 sqft |
2021-04-01 | 0 days | 1,997 sqft |
2021-05-01 | 0 days | 1,920 sqft |
2021-06-01 | 0 days | 1,964 sqft |
2021-07-01 | 0 days | 1,976 sqft |
2021-08-01 | 0 days | 1,807 sqft |
2021-09-01 | 0 days | 1,854 sqft |
2021-10-01 | 0 days | 1,875 sqft |
2021-11-01 | 0 days | 1,903 sqft |
2021-12-01 | 0 days | 1,920 sqft |
2022-01-01 | 0 days | 1,843 sqft |
2022-02-01 | 0 days | 1,825 sqft |
2022-03-01 | 0 days | 1,905 sqft |
2022-04-01 | 0 days | 2,063 sqft |
2022-05-01 | 0 days | 2,011 sqft |
2022-06-01 | 0 days | 1,950 sqft |
2022-07-01 | 0 days | 1,928 sqft |
2022-08-01 | 0 days | 1,966 sqft |
2022-09-01 | 0 days | 1,967 sqft |
2022-10-01 | 0 days | 1,971 sqft |
2022-11-01 | 0 days | 1,965 sqft |
2022-12-01 | 0 days | 1,940 sqft |
2023-01-01 | 0 days | 1,954 sqft |
2023-02-01 | 0 days | 1,925 sqft |
2023-03-01 | 0 days | 1,955 sqft |
2023-04-01 | 0 days | 2,014 sqft |
2023-05-01 | 0 days | 2,040 sqft |
2023-06-01 | 0 days | 2,028 sqft |
2023-07-01 | 0 days | 2,016 sqft |
2023-08-01 | 0 days | 2,043 sqft |
2023-09-01 | 0 days | 2,096 sqft |
2023-10-01 | 0 days | 2,059 sqft |
2023-11-01 | 0 days | 2,110 sqft |
2023-12-01 | 0 days | 2,032 sqft |
2024-01-01 | 0 days | 2,000 sqft |
2024-02-01 | 0 days | 2,000 sqft |
2024-03-01 | 0 days | 2,148 sqft |
2024-04-01 | 0 days | 2,089 sqft |
2024-05-01 | 0 days | 2,158 sqft |
2024-06-01 | 0 days | 2,102 sqft |
2024-07-01 | 0 days | 2,158 sqft |
2024-08-01 | 0 days | 2,092 sqft |
2024-09-01 | 0 days | 2,122 sqft |
2024-10-01 | 0 days | 2,125 sqft |
Riverton's median square footage for active listings during the 2024-10-01 period was 2,125 sqft. One year prior, the average listing was 2,059 sqft.