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 8 lenders originated 9 USDA loans during 2022. The total origination value was $1,625,000, with an average USDA loan value of $180,556.
Appleton USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Appleton
averaged
-0.46%
for the week of 2023-11-24, compared to the national average (all USDA variants) of
0% for the same period.
Appleton's average USDA mortgage closing costs are $3,960.
The average rate for the prior week (2023-11-17) was
6.53% and
one month ago for the week of 2023-10-20, the
average rate was 6.75%.
The average rate one year ago was 5.89%.
For refis of the same type during the week of 2023-11-24, the average rate
was -1.83%.
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 | 2022 Avg. 30yFix Rate | 2022 Avg. Closing Costs |
|---|---|---|---|
| FIRST CENTENNIAL MORTGAGE CORPORATION | 2 | 3.69% | $4,707 |
| INLANTA MORTGAGE, INC. | 1 | 5.25% | $4,396 |
| Loan Simple, Inc. | 1 | 4.13% | $3,467 |
| PENNYMAC LOAN SERVICES, LLC | 1 | 3.38% | $3,599 |
| TOWNE MORTGAGE COMPANY | 1 | 4.38% | $4,904 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 4.88% | $4,718 |
| ENVOY MORTGAGE, LTD | 1 | 4.75% | $7,374 |
| Waterstone Mortgage Corporation | 1 | 3.38% | $3,845 |
The top Appleton USDA lender as defined by loan originations is FIRST CENTENNIAL MORTGAGE CORPORATION, with
2 USDA loans originated. Their average total fees are
$4,707, which is $312
higher than the next largest lender,
INLANTA MORTGAGE, INC..
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%) | $251,937 (14.6%) | 0.78 | 631 |
| 2018-02-01 | $216,150 (16.9%) | $258,727 (15.8%) | 0.79 | 662 |
| 2018-03-01 | $229,900 (21.1%) | $271,710 (19.6%) | 0.81 | 678 |
| 2018-04-01 | $274,650 (39.8%) | $325,957 (39.8%) | 0.93 | 395 |
| 2018-05-01 | $279,900 (42.5%) | $325,747 (38.3%) | 0.93 | 416 |
| 2018-06-01 | $275,000 (40.2%) | $320,504 (36.4%) | 0.92 | 464 |
| 2018-07-01 | $266,650 (33.4%) | $311,917 (32.4%) | 0.89 | 471 |
| 2018-08-01 | $262,400 (31.3%) | $305,336 (29.0%) | 0.88 | 477 |
| 2018-09-01 | $259,900 (33.4%) | $299,425 (26.0%) | 0.87 | 500 |
| 2018-10-01 | $249,900 (33.4%) | $291,542 (24.0%) | 0.85 | 549 |
| 2018-11-01 | $259,900 (40.0%) | $291,858 (23.7%) | 0.88 | 546 |
| 2018-12-01 | $264,900 (35.9%) | $294,200 (19.6%) | 0.91 | 501 |
| 2019-01-01 | $274,950 (31.1%) | $301,285 (19.6%) | 0.95 | 436 |
| 2019-02-01 | $279,950 (29.5%) | $309,563 (19.7%) | 0.95 | 408 |
| 2019-03-01 | $280,614 (22.1%) | $307,775 (13.3%) | 0.92 | 412 |
| 2019-04-01 | $278,114 (1.3%) | $309,300 (-5.1%) | 0.88 | 421 |
| 2019-05-01 | $272,197 (-2.8%) | $306,032 (-6.1%) | 0.85 | 415 |
| 2019-06-01 | $259,900 (-5.5%) | $297,582 (-7.2%) | 0.81 | 429 |
| 2019-07-01 | $263,200 (-1.3%) | $298,132 (-4.4%) | 0.82 | 460 |
| 2019-08-01 | $266,064 (1.4%) | $298,522 (-2.2%) | 0.84 | 476 |
| 2019-09-01 | $265,409 (2.1%) | $298,836 (-0.2%) | 0.85 | 495 |
| 2019-10-01 | $264,973 (6.0%) | $299,733 (2.8%) | 0.86 | 507 |
| 2019-11-01 | $260,000 (0.0%) | $300,938 (3.1%) | 0.85 | 481 |
| 2019-12-01 | $259,900 (-1.9%) | $303,452 (3.1%) | 0.87 | 413 |
| 2020-01-01 | $262,700 (-4.5%) | $307,440 (2.0%) | 0.88 | 362 |
| 2020-02-01 | $284,900 (1.8%) | $316,376 (2.2%) | 0.93 | 341 |
| 2020-03-01 | $291,900 (4.0%) | $323,973 (5.3%) | 0.92 | 346 |
| 2020-04-01 | $299,675 (7.8%) | $325,207 (5.1%) | 0.94 | 346 |
| 2020-05-01 | $299,950 (10.2%) | $332,407 (8.6%) | 0.91 | 310 |
| 2020-06-01 | $299,900 (15.4%) | $330,045 (10.9%) | 0.88 | 274 |
| 2020-07-01 | $299,900 (13.9%) | $323,326 (8.5%) | 0.87 | 248 |
| 2020-08-01 | $295,000 (10.9%) | $321,244 (7.6%) | 0.85 | 259 |
| 2020-09-01 | $277,350 (4.5%) | $310,796 (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%) | $329,032 (9.3%) | 0.88 | 252 |
| 2020-12-01 | $292,675 (12.6%) | $317,186 (4.5%) | 0.87 | 242 |
| 2021-01-01 | $299,900 (14.2%) | $336,272 (9.4%) | 0.90 | 200 |
| 2021-02-01 | $304,900 (7.0%) | $339,937 (7.5%) | 0.89 | 181 |
| 2021-03-01 | $284,675 (-2.5%) | $331,042 (2.2%) | 0.81 | 177 |
| 2021-04-01 | $276,150 (-7.9%) | $328,696 (1.1%) | 0.75 | 172 |
| 2021-05-01 | $299,900 (0.0%) | $336,886 (1.4%) | 0.80 | 181 |
| 2021-06-01 | $299,200 (-0.2%) | $343,349 (4.0%) | 0.79 | 210 |
| 2021-07-01 | $289,900 (-3.3%) | $335,009 (3.6%) | 0.76 | 235 |
| 2021-08-01 | $288,125 (-2.3%) | $334,852 (4.2%) | 0.77 | 276 |
| 2021-09-01 | $289,900 (4.5%) | $327,949 (5.5%) | 0.77 | 273 |
| 2021-10-01 | $291,950 (4.3%) | $335,541 (4.1%) | 0.78 | 268 |
| 2021-11-01 | $305,925 (2.0%) | $353,216 (7.4%) | 0.82 | 275 |
| 2021-12-01 | $337,400 (15.3%) | $371,719 (17.2%) | 0.91 | 230 |
| 2022-01-01 | $366,950 (22.4%) | $393,929 (17.2%) | 0.99 | 184 |
| 2022-02-01 | $370,000 (21.4%) | $400,813 (17.9%) | 0.96 | 182 |
| 2022-03-01 | $368,675 (29.5%) | $381,578 (15.3%) | 0.92 | 195 |
| 2022-04-01 | $369,900 (34.0%) | $389,876 (18.6%) | 0.88 | 225 |
| 2022-05-01 | $354,450 (18.2%) | $385,423 (14.4%) | 0.81 | 235 |
| 2022-06-01 | $362,455 (21.1%) | $381,576 (11.1%) | 0.81 | 264 |
| 2022-07-01 | $365,000 (25.9%) | $382,956 (14.3%) | 0.82 | 246 |
| 2022-08-01 | $369,900 (28.4%) | $397,959 (18.9%) | 0.86 | 235 |
| 2022-09-01 | $371,975 (28.3%) | $399,814 (21.9%) | 0.87 | 234 |
| 2022-10-01 | $384,900 (31.8%) | $418,378 (24.7%) | 0.91 | 240 |
| 2022-11-01 | $399,000 (30.4%) | $431,863 (22.3%) | 0.96 | 221 |
| 2022-12-01 | $399,900 (18.5%) | $447,462 (20.4%) | 0.99 | 200 |
| 2023-01-01 | $401,225 (9.3%) | $461,383 (17.1%) | 0.99 | 172 |
| 2023-02-01 | $399,900 (8.1%) | $457,852 (14.2%) | 0.97 | 167 |
| 2023-03-01 | $399,900 (8.5%) | $445,437 (16.7%) | 0.94 | 167 |
| 2023-04-01 | $397,700 (7.5%) | $449,250 (15.2%) | 0.92 | 183 |
| 2023-05-01 | $396,825 (12.0%) | $446,654 (15.9%) | 0.90 | 212 |
| 2023-06-01 | $406,475 (12.1%) | $459,124 (20.3%) | 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 (10.2%) | $451,434 (12.9%) | 0.95 | 306 |
| 2023-10-01 | $399,950 (3.9%) | $447,066 (6.9%) | 0.94 | 333 |
Appleton's median listing price comes in at 94% of the national average.
Appleton's average listing price for 2023-10-01 was $447,066, a difference of $28,688 (6.9%) versus the prior year and $-4,368 versus the prior month.
For the 2023-10-01 period, Appleton had 333 MLS listings, a difference of 27 listings (9%) versus the prior month and 93 listings (39%) 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 | 50 days | 1,957 sqft |
| 2018-04-01 | 44 days | 2,092 sqft |
| 2018-05-01 | 44 days | 2,161 sqft |
| 2018-06-01 | 43 days | 2,172 sqft |
| 2018-07-01 | 50 days | 2,102 sqft |
| 2018-08-01 | 50 days | 2,104 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 | 1,969 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 | 1,916 sqft |
| 2019-07-01 | 51 days | 1,925 sqft |
| 2019-08-01 | 52 days | 1,957 sqft |
| 2019-09-01 | 53 days | 2,012 sqft |
| 2019-10-01 | 54 days | 2,048 sqft |
| 2019-11-01 | 62 days | 2,037 sqft |
| 2019-12-01 | 72 days | 2,011 sqft |
| 2020-01-01 | 77 days | 2,049 sqft |
| 2020-02-01 | 61 days | 2,091 sqft |
| 2020-03-01 | 50 days | 2,093 sqft |
| 2020-04-01 | 48 days | 2,114 sqft |
| 2020-05-01 | 61 days | 2,080 sqft |
| 2020-06-01 | 59 days | 2,065 sqft |
| 2020-07-01 | 64 days | 2,016 sqft |
| 2020-08-01 | 50 days | 2,025 sqft |
| 2020-09-01 | 45 days | 1,984 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 | 1,808 sqft |
| 2021-04-01 | 33 days | 1,800 sqft |
| 2021-05-01 | 38 days | 1,906 sqft |
| 2021-06-01 | 31 days | 1,984 sqft |
| 2021-07-01 | 32 days | 1,980 sqft |
| 2021-08-01 | 32 days | 1,900 sqft |
| 2021-09-01 | 40 days | 1,912 sqft |
| 2021-10-01 | 47 days | 1,852 sqft |
| 2021-11-01 | 41 days | 1,655 sqft |
| 2021-12-01 | 51 days | 1,632 sqft |
| 2022-01-01 | 43 days | 1,611 sqft |
| 2022-02-01 | 37 days | 1,609 sqft |
| 2022-03-01 | 48 days | 1,655 sqft |
| 2022-04-01 | 44 days | 1,658 sqft |
| 2022-05-01 | 44 days | 1,738 sqft |
| 2022-06-01 | 39 days | 1,796 sqft |
| 2022-07-01 | 38 days | 1,934 sqft |
| 2022-08-01 | 45 days | 1,927 sqft |
| 2022-09-01 | 45 days | 1,931 sqft |
| 2022-10-01 | 42 days | 1,973 sqft |
| 2022-11-01 | 44 days | 1,910 sqft |
| 2022-12-01 | 58 days | 1,922 sqft |
| 2023-01-01 | 69 days | 1,871 sqft |
| 2023-02-01 | 60 days | 1,921 sqft |
| 2023-03-01 | 49 days | 1,869 sqft |
| 2023-04-01 | 37 days | 1,960 sqft |
| 2023-05-01 | 30 days | 1,843 sqft |
| 2023-06-01 | 37 days | 1,929 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 |
Appleton's median square footage for active listings during the 2023-10-01 period was 1,890 sqft. One year prior, the average listing was 1,973 sqft.