Beatrice USDA Loan Rates, Closing Costs & Stats

Beatrice, NE

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    • 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.

    Beatrice's 6 lenders originated 8 USDA loans during 2023. The total origination value was $1,160,000, with an average USDA loan value of $145,000.

    Beatrice USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Beatrice averaged 6.81% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Beatrice's average USDA mortgage closing costs are $3,779.

    The average rate for the prior week (2024-04-12) was 6.86% and one month ago for the week of 2024-03-15, the average rate was 6.74%.

    The average rate one year ago was 6.08%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.96%.

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

    Beatrice 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 Beatrice level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    First National Bank of Omaha 2 6.13% $4,392
    CHARTER WEST BANK 1 6.38% $4,498
    FIRST STATE MORTGAGE SERVICES, LLC 1 5.88% $4,318
    Flagstar Bank, FSB 1 6.88% $5,367
    Lincoln FSB of Nebraska 1 6.63% $3,828
    Paramount Residential Mortgage Group, Inc. 1 6.13% $6,284

    The top Beatrice USDA lender as defined by loan originations is First National Bank of Omaha, with 2 USDA loans originated. Their average total fees are $4,392, which is $105 lower than the next largest lender, CHARTER WEST BANK.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Beatrice (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 $119,500 (9.1%) $143,248 (6.7%) 0.00 70
    2018-02-01 $126,475 (-1.6%) $152,864 (3.2%) 0.00 64
    2018-03-01 $139,900 (4.0%) $178,202 (24.2%) 0.00 76
    2018-04-01 $165,700 (21.0%) $180,268 (10.8%) 0.00 92
    2018-05-01 $170,800 (8.9%) $181,559 (1.2%) 0.00 96
    2018-06-01 $173,500 (16.3%) $176,623 (5.5%) 0.00 96
    2018-07-01 $166,800 (15.1%) $164,285 (-0.4%) 0.00 103
    2018-08-01 $159,974 (12.3%) $158,843 (-0.5%) 0.00 99
    2018-09-01 $147,500 (1.8%) $143,480 (-8.0%) 0.00 103
    2018-10-01 $144,750 (20.4%) $147,505 (-1.3%) 0.00 106
    2018-11-01 $129,900 (13.0%) $151,788 (5.0%) 0.00 106
    2018-12-01 $139,700 (19.0%) $161,531 (17.7%) 0.00 107
    2019-01-01 $139,125 (16.4%) $165,203 (15.3%) 0.00 86
    2019-02-01 $134,700 (6.5%) $158,704 (3.8%) 0.00 92
    2019-03-01 $132,550 (-5.3%) $152,713 (-14.3%) 0.00 84
    2019-04-01 $129,975 (-21.6%) $148,663 (-17.5%) 0.00 72
    2019-05-01 $128,075 (-25.0%) $155,537 (-14.3%) 0.00 62
    2019-06-01 $154,900 (-10.7%) $168,456 (-4.6%) 0.00 64
    2019-07-01 $183,700 (10.1%) $186,165 (13.3%) 0.00 57
    2019-08-01 $171,561 (7.2%) $194,886 (22.7%) 0.00 58
    2019-09-01 $162,653 (10.3%) $210,789 (46.9%) 0.00 62
    2019-10-01 $158,302 (9.4%) $211,714 (43.5%) 0.00 65
    2019-11-01 $155,750 (19.9%) $186,255 (22.7%) 0.00 75
    2019-12-01 $144,950 (3.8%) $172,296 (6.7%) 0.00 70
    2020-01-01 $144,175 (3.6%) $167,580 (1.4%) 0.00 66
    2020-02-01 $139,700 (3.7%) $176,373 (11.1%) 0.00 62
    2020-03-01 $149,675 (12.9%) $185,137 (21.2%) 0.00 65
    2020-04-01 $148,438 (14.2%) $184,835 (24.3%) 0.00 62
    2020-05-01 $182,200 (42.3%) $193,529 (24.4%) 0.00 58
    2020-06-01 $191,900 (23.9%) $201,019 (19.3%) 0.00 39
    2020-07-01 $152,400 (-17.0%) $199,064 (6.9%) 0.00 43
    2020-08-01 $185,000 (7.8%) $219,532 (12.7%) 0.00 40
    2020-09-01 $153,475 (-5.6%) $191,731 (-9.0%) 0.00 48
    2020-10-01 $137,900 (-12.9%) $178,763 (-15.6%) 0.00 38
    2020-11-01 $138,700 (-11.0%) $174,742 (-6.2%) 0.00 37
    2020-12-01 $146,444 (1.0%) $183,600 (6.6%) 0.00 34
    2021-01-01 $134,000 (-7.1%) $183,004 (9.2%) 0.00 27
    2021-02-01 $133,950 (-4.1%) $184,621 (4.7%) 0.00 30
    2021-03-01 $133,250 (-11.0%) $170,038 (-8.2%) 0.00 31
    2021-04-01 $126,000 (-15.1%) $164,794 (-10.8%) 0.00 27
    2021-05-01 $126,000 (-30.9%) $196,689 (1.6%) 0.00 26
    2021-06-01 $153,975 (-19.8%) $229,279 (14.1%) 0.00 26
    2021-07-01 $126,000 (-17.3%) $195,362 (-1.9%) 0.00 35
    2021-08-01 $138,500 (-25.1%) $199,906 (-8.9%) 0.00 37
    2021-09-01 $136,500 (-11.1%) $214,609 (11.9%) 0.00 33
    2021-10-01 $154,450 (12.0%) $218,346 (22.1%) 0.00 20
    2021-11-01 $156,950 (13.2%) $201,693 (15.4%) 0.00 21
    2021-12-01 $145,925 (-0.4%) $169,447 (-7.7%) 0.00 20
    2022-01-01 $154,000 (14.9%) $188,535 (3.0%) 0.00 18
    2022-02-01 $167,000 (24.7%) $186,622 (1.1%) 0.00 17
    2022-03-01 $140,950 (5.8%) $173,487 (2.0%) 0.00 22
    2022-04-01 $139,900 (11.0%) $167,497 (1.6%) 0.00 28
    2022-05-01 $158,725 (26.0%) $192,918 (-1.9%) 0.00 41
    2022-06-01 $166,500 (8.1%) $206,556 (-9.9%) 0.00 43
    2022-07-01 $172,200 (36.7%) $214,617 (9.9%) 0.00 50
    2022-08-01 $162,450 (17.3%) $203,943 (2.0%) 0.00 44
    2022-09-01 $203,450 (49.1%) $230,399 (7.4%) 0.00 38
    2022-10-01 $199,000 (28.8%) $249,059 (14.1%) 0.00 41
    2022-11-01 $250,000 (59.3%) $265,612 (31.7%) 0.00 44
    2022-12-01 $247,000 (69.3%) $269,893 (59.3%) 0.00 42
    2023-01-01 $252,425 (63.9%) $271,321 (43.9%) 0.00 37
    2023-02-01 $283,750 (69.9%) $284,001 (52.2%) 0.00 26
    2023-03-01 $251,200 (78.2%) $287,826 (65.9%) 0.00 28
    2023-04-01 $299,450 (114.1%) $313,644 (87.3%) 0.00 26
    2023-05-01 $287,425 (81.1%) $305,792 (58.5%) 0.00 28
    2023-06-01 $294,900 (77.1%) $324,970 (57.3%) 0.00 31
    2023-07-01 $222,250 (29.1%) $272,961 (27.2%) 0.00 34
    2023-08-01 $209,450 (28.9%) $267,998 (31.4%) 0.00 33
    2023-09-01 $197,498 (-2.9%) $262,872 (14.1%) 0.00 28
    2023-10-01 $175,975 (-11.6%) $253,889 (1.9%) 0.00 36
    2023-11-01 $226,000 (-9.6%) $246,197 (-7.3%) 0.00 43
    2023-12-01 $228,000 (-7.7%) $229,693 (-14.9%) 0.00 44
    2024-01-01 $230,000 (-8.9%) $246,869 (-9.0%) 0.00 33
    2024-02-01 $232,250 (-18.2%) $235,024 (-17.3%) 0.00 24
    2024-03-01 $194,950 (-22.4%) $233,926 (-18.7%) 0.00 20
    Beatrice's median listing price for 2024-03-01 was $194,950, a difference of $-56,250 (-22.4%) versus the prior year and $-37,300 versus the prior month.

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

    Beatrice's average listing price for 2024-03-01 was $233,926, a difference of $-53,900 (-18.7%) versus the prior year and $-1,098 versus the prior month.

    For the 2024-03-01 period, Beatrice had 20 MLS listings, a difference of -4 listings (-17%) versus the prior month and -8 listings (-29%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Beatrice (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,537 sqft
    2018-02-01 0 days 1,546 sqft
    2018-03-01 0 days 1,553 sqft
    2018-04-01 0 days 1,536 sqft
    2018-05-01 0 days 1,530 sqft
    2018-06-01 0 days 1,536 sqft
    2018-07-01 0 days 1,602 sqft
    2018-08-01 0 days 1,599 sqft
    2018-09-01 0 days 1,536 sqft
    2018-10-01 0 days 1,536 sqft
    2018-11-01 0 days 1,574 sqft
    2018-12-01 0 days 1,588 sqft
    2019-01-01 0 days 1,602 sqft
    2019-02-01 0 days 1,576 sqft
    2019-03-01 0 days 1,559 sqft
    2019-04-01 0 days 1,565 sqft
    2019-05-01 0 days 1,591 sqft
    2019-06-01 0 days 1,730 sqft
    2019-07-01 0 days 1,656 sqft
    2019-08-01 0 days 1,710 sqft
    2019-09-01 0 days 1,790 sqft
    2019-10-01 0 days 1,844 sqft
    2019-11-01 0 days 1,640 sqft
    2019-12-01 0 days 1,650 sqft
    2020-01-01 0 days 1,674 sqft
    2020-02-01 0 days 1,843 sqft
    2020-03-01 0 days 1,825 sqft
    2020-04-01 0 days 1,855 sqft
    2020-05-01 0 days 1,730 sqft
    2020-06-01 0 days 1,824 sqft
    2020-07-01 0 days 1,568 sqft
    2020-08-01 0 days 1,736 sqft
    2020-09-01 0 days 1,762 sqft
    2020-10-01 0 days 1,485 sqft
    2020-11-01 0 days 1,466 sqft
    2020-12-01 0 days 1,471 sqft
    2021-01-01 0 days 1,464 sqft
    2021-02-01 0 days 1,616 sqft
    2021-03-01 0 days 1,537 sqft
    2021-04-01 0 days 1,299 sqft
    2021-05-01 0 days 1,461 sqft
    2021-06-01 0 days 1,531 sqft
    2021-07-01 0 days 1,491 sqft
    2021-08-01 0 days 1,454 sqft
    2021-09-01 0 days 1,474 sqft
    2021-10-01 0 days 1,540 sqft
    2021-11-01 0 days 1,540 sqft
    2021-12-01 0 days 1,495 sqft
    2022-01-01 0 days 1,496 sqft
    2022-02-01 0 days 1,616 sqft
    2022-03-01 0 days 1,275 sqft
    2022-04-01 0 days 1,311 sqft
    2022-05-01 0 days 1,358 sqft
    2022-06-01 0 days 1,437 sqft
    2022-07-01 0 days 1,540 sqft
    2022-08-01 0 days 1,540 sqft
    2022-09-01 0 days 1,562 sqft
    2022-10-01 0 days 1,603 sqft
    2022-11-01 0 days 1,726 sqft
    2022-12-01 0 days 1,935 sqft
    2023-01-01 0 days 1,704 sqft
    2023-02-01 0 days 1,740 sqft
    2023-03-01 0 days 1,824 sqft
    2023-04-01 0 days 1,824 sqft
    2023-05-01 0 days 1,902 sqft
    2023-06-01 0 days 1,882 sqft
    2023-07-01 0 days 1,852 sqft
    2023-08-01 0 days 1,875 sqft
    2023-09-01 0 days 1,792 sqft
    2023-10-01 0 days 1,634 sqft
    2023-11-01 0 days 1,656 sqft
    2023-12-01 0 days 1,530 sqft
    2024-01-01 0 days 1,657 sqft
    2024-02-01 0 days 1,669 sqft
    2024-03-01 0 days 1,506 sqft
    Beatrice's median listing age (time on market) for 2024-03-01 was 0 days.

    Beatrice's median square footage for active listings during the 2024-03-01 period was 1,506 sqft. One year prior, the average listing was 1,824 sqft.