Baraboo USDA Loan Rates, Closing Costs & Stats

Baraboo, 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.

Baraboo's 15 lenders originated 22 USDA loans during 2022. The total origination value was $4,200,000, with an average USDA loan value of $190,909.

Baraboo USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Baraboo averaged 6.34% for the week of 2023-05-26, compared to the national average (all USDA variants) of 6.63% for the same period.

Baraboo's average USDA mortgage closing costs are $4,512.

The average rate for the prior week (2023-05-19) was 5.88% and one month ago for the week of 2023-04-21, the average rate was 5.79%.

The average rate one year ago was 4.71%.

For refis of the same type during the week of 2023-05-26, the average rate was 5.23%.

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

Baraboo 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 Baraboo level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
GUILD MORTGAGE COMPANY 6 4.44% $8,644
CROSSCOUNTRY MORTGAGE, LLC 1 4.50% $6,718
DAS Acquisition Company, LLC 1 4.38% $5,862
Equity Prime Mortgage LLC 1 6.75% $5,161
FINANCE OF AMERICA MORTGAGE LLC 1 5.63% $6,534
Flagstar Bank, FSB 1 3.25% $3,561
HOME POINT FINANCIAL CORPORATION 1 5.25% $4,404
INLANTA MORTGAGE, INC. 1 4.88% $5,376
MID AMERICA MORTGAGE, INC. 1 4.75% $5,747
NATIONS RELIABLE LENDING, LLC 1 4.13% $5,881
Paramount Residential Mortgage Group, Inc. 1 4.75% $7,690
Prosperity Home Mortgage, LLC 1 2.88% $4,272
THOMPSON KANE & COMPANY, LLC 1 3.25% $6,330
Barrington Bank & Trust Company, N.A. 1 5.25% $7,640
UNITED WHOLESALE MORTGAGE, LLC 1 5.88% $8,035

The top Baraboo USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 6 USDA loans originated. Their average total fees are $8,644, which is $1,926 higher than the next largest lender, CROSSCOUNTRY MORTGAGE, LLC.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Baraboo (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 $230,950 (15.5%) $262,660 (-3.5%) 0.00 247
2018-02-01 $249,675 (24.9%) $275,829 (-0.5%) 0.00 220
2018-03-01 $259,900 (17.5%) $280,645 (0.5%) 0.00 234
2018-04-01 $249,900 (13.6%) $281,680 (2.2%) 0.00 252
2018-05-01 $244,725 (13.9%) $280,750 (5.3%) 0.00 280
2018-06-01 $249,000 (10.9%) $287,708 (4.6%) 0.00 293
2018-07-01 $254,700 (13.3%) $295,242 (6.6%) 0.00 299
2018-08-01 $254,900 (13.3%) $299,554 (7.3%) 0.00 299
2018-09-01 $249,900 (9.2%) $298,745 (6.5%) 0.00 294
2018-10-01 $239,900 (4.4%) $282,769 (3.7%) 0.00 299
2018-11-01 $231,325 (0.6%) $267,773 (0.5%) 0.00 287
2018-12-01 $229,900 (0.3%) $264,579 (0.9%) 0.00 252
2019-01-01 $229,900 (-0.5%) $272,032 (3.6%) 0.00 233
2019-02-01 $239,675 (-4.0%) $276,940 (0.4%) 0.00 202
2019-03-01 $239,900 (-7.7%) $282,939 (0.8%) 0.00 213
2019-04-01 $242,225 (-3.1%) $291,532 (3.5%) 0.00 241
2019-05-01 $266,950 (9.1%) $314,464 (12.0%) 0.00 258
2019-06-01 $260,000 (4.4%) $304,739 (5.9%) 0.00 267
2019-07-01 $272,400 (7.0%) $308,336 (4.4%) 0.00 271
2019-08-01 $273,900 (7.5%) $314,890 (5.1%) 0.00 272
2019-09-01 $269,225 (7.7%) $315,936 (5.8%) 0.00 259
2019-10-01 $259,900 (8.3%) $305,369 (8.0%) 0.00 257
2019-11-01 $259,900 (12.4%) $316,431 (18.2%) 0.00 218
2019-12-01 $259,175 (12.7%) $311,650 (17.8%) 0.00 205
2020-01-01 $265,700 (15.6%) $317,049 (16.6%) 0.00 181
2020-02-01 $277,500 (15.8%) $321,192 (16.0%) 0.00 176
2020-03-01 $286,350 (19.4%) $330,865 (16.9%) 0.00 178
2020-04-01 $285,350 (17.8%) $335,477 (15.1%) 0.00 190
2020-05-01 $269,900 (1.1%) $315,443 (0.3%) 0.00 186
2020-06-01 $283,700 (9.1%) $349,728 (14.8%) 0.00 152
2020-07-01 $282,450 (3.7%) $357,342 (15.9%) 0.00 144
2020-08-01 $269,900 (-1.5%) $355,371 (12.9%) 0.00 124
2020-09-01 $267,400 (-0.7%) $349,803 (10.7%) 0.00 132
2020-10-01 $254,500 (-2.1%) $315,956 (3.5%) 0.00 105
2020-11-01 $254,225 (-2.2%) $313,558 (-0.9%) 0.00 97
2020-12-01 $245,475 (-5.3%) $295,971 (-5.0%) 0.00 81
2021-01-01 $254,000 (-4.4%) $297,727 (-6.1%) 0.00 74
2021-02-01 $262,400 (-5.4%) $317,250 (-1.2%) 0.00 68
2021-03-01 $272,450 (-4.9%) $339,717 (2.7%) 0.00 72
2021-04-01 $276,925 (-3.0%) $360,091 (7.3%) 0.00 72
2021-05-01 $274,950 (1.9%) $360,202 (14.2%) 0.00 74
2021-06-01 $283,450 (-0.1%) $365,772 (4.6%) 0.00 88
2021-07-01 $308,900 (9.4%) $420,601 (17.7%) 0.00 88
2021-08-01 $314,925 (16.7%) $422,152 (18.8%) 0.00 86
2021-09-01 $313,425 (17.2%) $424,635 (21.4%) 0.00 86
2021-10-01 $315,000 (23.8%) $395,655 (25.2%) 0.00 83
2021-11-01 $269,900 (6.2%) $367,707 (17.3%) 0.00 73
2021-12-01 $278,750 (13.6%) $403,220 (36.2%) 0.00 61
2022-01-01 $299,900 (18.1%) $444,392 (49.3%) 0.00 43
2022-02-01 $317,500 (21.0%) $453,420 (42.9%) 0.00 40
2022-03-01 $333,150 (22.3%) $415,755 (22.4%) 0.00 51
2022-04-01 $347,900 (25.6%) $464,835 (29.1%) 0.00 47
2022-05-01 $392,175 (42.6%) $466,639 (29.6%) 0.00 64
2022-06-01 $389,000 (37.2%) $481,074 (31.5%) 0.00 77
2022-07-01 $359,500 (16.4%) $453,217 (7.8%) 0.00 92
2022-08-01 $394,450 (25.3%) $469,710 (11.3%) 0.00 91
2022-09-01 $399,000 (27.3%) $474,482 (11.7%) 0.00 90
2022-10-01 $379,900 (20.6%) $435,814 (10.2%) 0.00 99
2022-11-01 $358,225 (32.7%) $411,618 (11.9%) 0.00 108
2022-12-01 $367,400 (31.8%) $411,078 (2.0%) 0.00 96
2023-01-01 $369,900 (23.3%) $407,758 (-8.2%) 0.00 79
2023-02-01 $385,000 (21.3%) $425,340 (-6.2%) 0.00 67
2023-03-01 $369,900 (11.0%) $421,855 (1.5%) 0.00 67
2023-04-01 $350,000 (0.6%) $492,905 (6.0%) 0.00 66
Baraboo's median listing price for 2023-04-01 was $350,000, a difference of $2,100 (0.6%) versus the prior year and $-19,900 versus the prior month.

Baraboo's median listing price comes in at 0% of the national average.

Baraboo's average listing price for 2023-04-01 was $492,905, a difference of $28,070 (6.0%) versus the prior year and $71,050 versus the prior month.

For the 2023-04-01 period, Baraboo had 66 MLS listings, a difference of -1 listings (-1%) versus the prior month and 19 listings (40%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Baraboo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,810 sqft
2018-02-01 0 days 1,897 sqft
2018-03-01 0 days 1,899 sqft
2018-04-01 0 days 1,949 sqft
2018-05-01 0 days 1,939 sqft
2018-06-01 0 days 1,954 sqft
2018-07-01 0 days 1,942 sqft
2018-08-01 0 days 2,000 sqft
2018-09-01 0 days 2,000 sqft
2018-10-01 0 days 1,863 sqft
2018-11-01 0 days 1,776 sqft
2018-12-01 0 days 1,776 sqft
2019-01-01 0 days 1,784 sqft
2019-02-01 0 days 1,776 sqft
2019-03-01 0 days 1,760 sqft
2019-04-01 0 days 1,778 sqft
2019-05-01 0 days 1,850 sqft
2019-06-01 0 days 1,828 sqft
2019-07-01 0 days 1,832 sqft
2019-08-01 0 days 1,854 sqft
2019-09-01 0 days 1,875 sqft
2019-10-01 0 days 1,845 sqft
2019-11-01 0 days 1,774 sqft
2019-12-01 0 days 1,783 sqft
2020-01-01 0 days 1,800 sqft
2020-02-01 0 days 1,792 sqft
2020-03-01 0 days 1,863 sqft
2020-04-01 0 days 1,900 sqft
2020-05-01 0 days 1,800 sqft
2020-06-01 0 days 1,808 sqft
2020-07-01 0 days 1,850 sqft
2020-08-01 0 days 1,800 sqft
2020-09-01 0 days 1,781 sqft
2020-10-01 0 days 1,732 sqft
2020-11-01 0 days 1,692 sqft
2020-12-01 0 days 1,648 sqft
2021-01-01 0 days 1,624 sqft
2021-02-01 0 days 1,613 sqft
2021-03-01 0 days 1,688 sqft
2021-04-01 0 days 1,672 sqft
2021-05-01 0 days 1,645 sqft
2021-06-01 0 days 1,759 sqft
2021-07-01 0 days 1,859 sqft
2021-08-01 0 days 1,967 sqft
2021-09-01 0 days 1,950 sqft
2021-10-01 0 days 1,909 sqft
2021-11-01 0 days 1,776 sqft
2021-12-01 0 days 1,864 sqft
2022-01-01 0 days 1,866 sqft
2022-02-01 0 days 1,835 sqft
2022-03-01 0 days 1,669 sqft
2022-04-01 0 days 1,723 sqft
2022-05-01 0 days 1,881 sqft
2022-06-01 0 days 2,015 sqft
2022-07-01 0 days 1,801 sqft
2022-08-01 0 days 1,887 sqft
2022-09-01 0 days 2,035 sqft
2022-10-01 0 days 1,832 sqft
2022-11-01 0 days 1,774 sqft
2022-12-01 0 days 1,744 sqft
2023-01-01 0 days 1,681 sqft
2023-02-01 0 days 1,681 sqft
2023-03-01 0 days 1,725 sqft
2023-04-01 0 days 1,747 sqft
Baraboo's median listing age (time on market) for 2023-04-01 was 0 days.

Baraboo's median square footage for active listings during the 2023-04-01 period was 1,747 sqft. One year prior, the average listing was 1,723 sqft.