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%.

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 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 for 2023-10-01 was $399,950, a difference of $15,050 (3.9%) versus the prior year and $-9,950 versus the prior month.

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 listing age (time on market) for 2023-10-01 was 45 days. This is 6% longer than the same period one year ago.

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.