Appleton USDA Loan Rates, Closing Costs & Stats

APPLETON, WI

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.

Appleton's 3 lenders originated 3 USDA loans during 2023. The total origination value was $505,000, with an average USDA loan value of $168,333.

Appleton USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Appleton averaged 6.67% for the week of 2024-04-12, compared to the national average (all USDA variants) of 6.705% for the same period.

Appleton's average USDA mortgage closing costs are $3,988.

The average rate for the prior week (2024-04-05) was 6.6% and one month ago for the week of 2024-03-08, the average rate was 6.66%.

The average rate one year ago was 6.06%.

For refis of the same type during the week of 2024-04-12, the average rate was 6.48%.

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

Appleton 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 Appleton level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.13% $5,999
Ixonia Bank 1 7.25% $6,325
Nations Lending Corporation 1 5.00% $3,580

The top Appleton USDA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 1 USDA loans originated. Their average total fees are $5,999, which is $326 lower than the next largest lender, Ixonia Bank.

The lowest fee Appleton USDA lenders (with over 10 loans originated) are .

The lowest rate Appleton USDA lenders (with over 10 loans originated) are .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Appleton (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 $209,675 (16.6%) $251,928 (14.8%) 0.78 631
2018-02-01 $215,900 (16.7%) $258,594 (15.9%) 0.78 661
2018-03-01 $229,900 (21.1%) $271,610 (19.7%) 0.81 677
2018-04-01 $274,150 (40.7%) $325,124 (40.0%) 0.93 393
2018-05-01 $279,900 (43.6%) $325,340 (38.4%) 0.93 415
2018-06-01 $274,950 (41.0%) $320,442 (36.7%) 0.92 464
2018-07-01 $265,950 (33.1%) $311,469 (32.5%) 0.89 470
2018-08-01 $262,400 (31.3%) $305,248 (29.2%) 0.88 476
2018-09-01 $259,900 (33.4%) $299,333 (26.1%) 0.87 498
2018-10-01 $249,900 (33.7%) $291,453 (24.1%) 0.85 547
2018-11-01 $259,675 (40.0%) $291,766 (23.8%) 0.88 544
2018-12-01 $264,900 (35.9%) $294,111 (19.6%) 0.91 499
2019-01-01 $273,725 (30.6%) $301,397 (19.6%) 0.95 433
2019-02-01 $279,925 (29.7%) $309,742 (19.8%) 0.95 405
2019-03-01 $280,614 (22.1%) $307,938 (13.4%) 0.92 410
2019-04-01 $278,114 (1.5%) $309,362 (-4.9%) 0.88 419
2019-05-01 $269,950 (-3.6%) $306,010 (-5.9%) 0.84 413
2019-06-01 $259,900 (-5.5%) $297,648 (-7.1%) 0.81 427
2019-07-01 $262,450 (-1.3%) $298,199 (-4.3%) 0.82 457
2019-08-01 $264,973 (1.0%) $298,600 (-2.2%) 0.84 474
2019-09-01 $264,932 (1.9%) $298,932 (-0.1%) 0.85 492
2019-10-01 $264,905 (6.0%) $299,846 (2.9%) 0.85 505
2019-11-01 $260,000 (0.1%) $301,083 (3.2%) 0.85 479
2019-12-01 $259,900 (-1.9%) $303,236 (3.1%) 0.87 413
2020-01-01 $262,700 (-4.0%) $307,136 (1.9%) 0.88 362
2020-02-01 $282,450 (0.9%) $316,273 (2.1%) 0.92 340
2020-03-01 $289,900 (3.3%) $323,244 (5.0%) 0.91 345
2020-04-01 $299,350 (7.6%) $324,758 (5.0%) 0.94 343
2020-05-01 $299,900 (11.1%) $332,003 (8.5%) 0.91 308
2020-06-01 $299,900 (15.4%) $329,927 (10.8%) 0.88 273
2020-07-01 $299,900 (14.3%) $323,174 (8.4%) 0.87 247
2020-08-01 $294,900 (11.3%) $321,063 (7.5%) 0.85 257
2020-09-01 $276,125 (4.2%) $310,762 (4.0%) 0.79 257
2020-10-01 $279,950 (5.7%) $322,255 (7.5%) 0.80 267
2020-11-01 $299,900 (15.4%) $329,076 (9.3%) 0.88 252
2020-12-01 $292,675 (12.6%) $317,186 (4.6%) 0.87 242
2021-01-01 $299,900 (14.2%) $336,272 (9.5%) 0.90 201
2021-02-01 $304,900 (8.0%) $339,937 (7.5%) 0.89 181
2021-03-01 $284,400 (-1.9%) $330,789 (2.3%) 0.81 177
2021-04-01 $276,150 (-7.8%) $328,696 (1.2%) 0.75 172
2021-05-01 $299,900 (0.0%) $336,886 (1.5%) 0.80 181
2021-06-01 $299,200 (-0.2%) $344,044 (4.3%) 0.79 209
2021-07-01 $289,500 (-3.5%) $335,226 (3.7%) 0.76 234
2021-08-01 $287,000 (-2.7%) $335,048 (4.4%) 0.77 275
2021-09-01 $289,900 (5.0%) $328,173 (5.6%) 0.77 272
2021-10-01 $289,900 (3.6%) $335,015 (4.0%) 0.77 266
2021-11-01 $304,925 (1.7%) $352,118 (7.0%) 0.82 272
2021-12-01 $334,175 (14.2%) $369,099 (16.4%) 0.91 225
2022-01-01 $362,400 (20.8%) $389,934 (16.0%) 0.98 178
2022-02-01 $370,000 (21.4%) $398,213 (17.1%) 0.96 179
2022-03-01 $367,425 (29.2%) $378,257 (14.4%) 0.92 192
2022-04-01 $369,900 (34.0%) $389,157 (18.4%) 0.88 223
2022-05-01 $353,450 (17.9%) $384,980 (14.3%) 0.81 234
2022-06-01 $362,455 (21.1%) $381,461 (10.9%) 0.81 266
2022-07-01 $364,950 (26.1%) $382,953 (14.2%) 0.82 248
2022-08-01 $369,950 (28.9%) $397,986 (18.8%) 0.86 237
2022-09-01 $374,311 (29.1%) $399,920 (21.9%) 0.88 237
2022-10-01 $384,900 (32.8%) $418,265 (24.9%) 0.91 243
2022-11-01 $399,000 (30.9%) $431,566 (22.6%) 0.96 224
2022-12-01 $399,900 (19.7%) $447,176 (21.2%) 0.99 202
2023-01-01 $403,675 (11.4%) $461,322 (18.3%) 1.00 174
2023-02-01 $399,900 (8.1%) $457,842 (15.0%) 0.97 167
2023-03-01 $399,900 (8.8%) $445,437 (17.8%) 0.94 167
2023-04-01 $395,500 (6.9%) $447,967 (15.1%) 0.92 182
2023-05-01 $396,200 (12.1%) $445,501 (15.7%) 0.90 211
2023-06-01 $407,000 (12.3%) $459,575 (20.5%) 0.91 229
2023-07-01 $399,900 (9.6%) $459,268 (19.9%) 0.91 250
2023-08-01 $409,400 (10.7%) $450,304 (13.2%) 0.94 274
2023-09-01 $409,900 (9.5%) $451,434 (12.9%) 0.95 306
2023-10-01 $399,950 (3.9%) $447,066 (6.9%) 0.94 333
2023-11-01 $399,900 (0.2%) $441,636 (2.3%) 0.95 335
2023-12-01 $399,900 (0.0%) $440,883 (-1.4%) 0.98 316
2024-01-01 $396,400 (-1.8%) $444,916 (-3.6%) 0.97 277
2024-02-01 $399,900 (0.0%) $462,724 (1.1%) 0.96 264
2024-03-01 $399,900 (0.0%) $457,660 (2.7%) 0.94 275
Appleton's median listing price for 2024-03-01 was $399,900, a difference of $0 (0.0%) versus the prior year and $0 versus the prior month.

Appleton's median listing price comes in at 94% of the national average.

Appleton's average listing price for 2024-03-01 was $457,660, a difference of $12,223 (2.7%) versus the prior year and $-5,064 versus the prior month.

For the 2024-03-01 period, Appleton had 275 MLS listings, a difference of 11 listings (4%) versus the prior month and 108 listings (65%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Appleton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 74 days 1,894 sqft
2018-02-01 63 days 1,899 sqft
2018-03-01 49 days 1,956 sqft
2018-04-01 44 days 2,092 sqft
2018-05-01 43 days 2,159 sqft
2018-06-01 43 days 2,169 sqft
2018-07-01 49 days 2,096 sqft
2018-08-01 50 days 2,098 sqft
2018-09-01 45 days 2,073 sqft
2018-10-01 46 days 1,923 sqft
2018-11-01 54 days 1,931 sqft
2018-12-01 71 days 1,961 sqft
2019-01-01 84 days 1,972 sqft
2019-02-01 88 days 2,000 sqft
2019-03-01 69 days 2,013 sqft
2019-04-01 56 days 2,014 sqft
2019-05-01 48 days 1,991 sqft
2019-06-01 51 days 1,917 sqft
2019-07-01 51 days 1,927 sqft
2019-08-01 52 days 1,961 sqft
2019-09-01 53 days 2,016 sqft
2019-10-01 54 days 2,055 sqft
2019-11-01 61 days 2,041 sqft
2019-12-01 71 days 2,011 sqft
2020-01-01 76 days 2,051 sqft
2020-02-01 61 days 2,096 sqft
2020-03-01 50 days 2,091 sqft
2020-04-01 49 days 2,115 sqft
2020-05-01 62 days 2,080 sqft
2020-06-01 59 days 2,066 sqft
2020-07-01 63 days 2,019 sqft
2020-08-01 50 days 2,028 sqft
2020-09-01 45 days 1,988 sqft
2020-10-01 46 days 1,992 sqft
2020-11-01 53 days 1,917 sqft
2020-12-01 60 days 1,864 sqft
2021-01-01 66 days 1,864 sqft
2021-02-01 66 days 1,833 sqft
2021-03-01 40 days 1,815 sqft
2021-04-01 33 days 1,800 sqft
2021-05-01 38 days 1,906 sqft
2021-06-01 31 days 1,989 sqft
2021-07-01 32 days 1,987 sqft
2021-08-01 32 days 1,901 sqft
2021-09-01 40 days 1,912 sqft
2021-10-01 47 days 1,844 sqft
2021-11-01 42 days 1,655 sqft
2021-12-01 52 days 1,630 sqft
2022-01-01 42 days 1,609 sqft
2022-02-01 37 days 1,607 sqft
2022-03-01 47 days 1,648 sqft
2022-04-01 44 days 1,658 sqft
2022-05-01 44 days 1,737 sqft
2022-06-01 39 days 1,792 sqft
2022-07-01 38 days 1,922 sqft
2022-08-01 45 days 1,922 sqft
2022-09-01 45 days 1,923 sqft
2022-10-01 42 days 1,944 sqft
2022-11-01 44 days 1,904 sqft
2022-12-01 58 days 1,906 sqft
2023-01-01 69 days 1,858 sqft
2023-02-01 60 days 1,918 sqft
2023-03-01 49 days 1,869 sqft
2023-04-01 37 days 1,959 sqft
2023-05-01 30 days 1,838 sqft
2023-06-01 37 days 1,930 sqft
2023-07-01 43 days 1,928 sqft
2023-08-01 42 days 1,901 sqft
2023-09-01 44 days 1,914 sqft
2023-10-01 45 days 1,890 sqft
2023-11-01 44 days 1,837 sqft
2023-12-01 53 days 1,738 sqft
2024-01-01 68 days 1,696 sqft
2024-02-01 65 days 1,704 sqft
2024-03-01 46 days 1,718 sqft
Appleton's median listing age (time on market) for 2024-03-01 was 46 days. This is -8% shorter than the same period one year ago.

Appleton's median square footage for active listings during the 2024-03-01 period was 1,718 sqft. One year prior, the average listing was 1,869 sqft.