Beaver Dam USDA Loan Rates, Closing Costs & Stats

Beaver Dam, 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.

Beaver Dam's 14 lenders originated 19 USDA loans during 2022. The total origination value was $3,445,000, with an average USDA loan value of $181,316.

Beaver Dam USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Beaver Dam averaged 6.3% for the week of 2024-03-01, compared to the national average (all USDA variants) of 6.729% for the same period.

Beaver Dam's average USDA mortgage closing costs are $3,976.

The average rate for the prior week (2024-02-23) was 6.45% and one month ago for the week of 2024-01-26, the average rate was 6.31%.

The average rate one year ago was 6.27%.

For refis of the same type during the week of 2024-03-01, the average rate was 5.32%.

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

Beaver Dam 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 Beaver Dam level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 3 5.80% $7,263
Flagstar Bank, FSB 2 5.00% $6,439
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 4.25% $5,135
FINANCE OF AMERICA MORTGAGE LLC 1 4.75% $4,485
Horicon Bank 1 3.75% $2,758
Nations Lending Corporation 1 5.75% $5,949
NEWREZ LLC 1 3.25% $3,562
Paramount Residential Mortgage Group, Inc. 1 5.25% $9,347
PLANET HOME LENDING, LLC 1 6.63% $5,760
SUCCESS MORTGAGE PARTNERS, INC. 1 2.63% $5,066
TOTAL MORTGAGE SERVICES, LLC 1 4.75% $7,373
A + MORTGAGE SERVICES, INC. 1 3.88% $1,404
Waterstone Mortgage Corporation 1 5.63% $6,462
CALIBER HOME LOANS, INC. 1 3.55% $4,597

The top Beaver Dam USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 3 USDA loans originated. Their average total fees are $7,263, which is $824 higher than the next largest lender, Flagstar Bank, FSB.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Beaver Dam (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 $169,850 (13.3%) $226,877 (6.4%) 0.00 232
2018-02-01 $179,800 (16.1%) $238,023 (12.2%) 0.00 224
2018-03-01 $187,450 (17.2%) $241,948 (14.9%) 0.00 226
2018-04-01 $192,450 (7.0%) $250,356 (12.8%) 0.00 228
2018-05-01 $207,425 (17.3%) $279,286 (25.4%) 0.00 226
2018-06-01 $219,900 (24.1%) $279,833 (26.9%) 0.00 236
2018-07-01 $209,900 (18.0%) $282,413 (25.8%) 0.00 281
2018-08-01 $209,900 (23.5%) $281,828 (27.7%) 0.00 308
2018-09-01 $199,900 (17.7%) $266,680 (20.8%) 0.00 323
2018-10-01 $205,000 (28.2%) $271,829 (28.6%) 0.00 322
2018-11-01 $204,425 (24.9%) $279,382 (28.2%) 0.00 300
2018-12-01 $199,900 (25.0%) $272,212 (22.7%) 0.00 257
2019-01-01 $199,900 (17.7%) $279,419 (23.2%) 0.00 231
2019-02-01 $209,900 (16.7%) $278,302 (16.9%) 0.00 222
2019-03-01 $220,528 (17.7%) $280,200 (15.8%) 0.00 226
2019-04-01 $229,950 (19.5%) $297,958 (19.0%) 0.00 232
2019-05-01 $221,150 (6.6%) $288,379 (3.3%) 0.00 253
2019-06-01 $235,000 (6.9%) $286,701 (2.5%) 0.00 263
2019-07-01 $225,900 (7.6%) $286,761 (1.5%) 0.00 277
2019-08-01 $220,836 (5.2%) $281,198 (-0.2%) 0.00 291
2019-09-01 $214,741 (7.4%) $274,246 (2.8%) 0.00 299
2019-10-01 $210,000 (2.4%) $269,611 (-0.8%) 0.00 304
2019-11-01 $194,900 (-4.7%) $252,891 (-9.5%) 0.00 281
2019-12-01 $199,850 (0.0%) $253,495 (-6.9%) 0.00 237
2020-01-01 $199,900 (0.0%) $271,970 (-2.7%) 0.00 206
2020-02-01 $199,900 (-4.8%) $272,328 (-2.2%) 0.00 204
2020-03-01 $199,974 (-9.3%) $288,670 (3.0%) 0.00 184
2020-04-01 $208,700 (-9.2%) $289,400 (-2.9%) 0.00 176
2020-05-01 $239,000 (8.1%) $302,157 (4.8%) 0.00 179
2020-06-01 $232,175 (-1.2%) $292,674 (2.1%) 0.00 189
2020-07-01 $239,900 (6.2%) $296,119 (3.3%) 0.00 193
2020-08-01 $239,900 (8.6%) $305,400 (8.6%) 0.00 181
2020-09-01 $242,425 (12.9%) $318,464 (16.1%) 0.00 172
2020-10-01 $254,900 (21.4%) $329,384 (22.2%) 0.00 162
2020-11-01 $233,650 (19.9%) $318,518 (26.0%) 0.00 143
2020-12-01 $212,450 (6.3%) $310,781 (22.6%) 0.00 129
2021-01-01 $217,450 (8.8%) $308,067 (13.3%) 0.00 118
2021-02-01 $225,000 (12.6%) $325,644 (19.6%) 0.00 104
2021-03-01 $224,900 (12.5%) $332,303 (15.1%) 0.00 102
2021-04-01 $234,425 (12.3%) $340,766 (17.8%) 0.00 109
2021-05-01 $249,900 (4.6%) $318,351 (5.4%) 0.00 122
2021-06-01 $237,450 (2.3%) $316,277 (8.1%) 0.00 140
2021-07-01 $249,900 (4.2%) $325,003 (9.8%) 0.00 144
2021-08-01 $242,388 (1.0%) $311,442 (2.0%) 0.00 173
2021-09-01 $244,675 (0.9%) $313,853 (-1.5%) 0.00 170
2021-10-01 $232,450 (-8.8%) $287,903 (-12.6%) 0.00 167
2021-11-01 $223,550 (-4.3%) $286,402 (-10.1%) 0.00 147
2021-12-01 $232,450 (9.4%) $297,017 (-4.4%) 0.00 123
2022-01-01 $243,400 (11.9%) $303,000 (-1.6%) 0.00 82
2022-02-01 $289,900 (28.8%) $343,997 (5.6%) 0.00 73
2022-03-01 $309,900 (37.8%) $349,703 (5.2%) 0.00 76
2022-04-01 $285,000 (21.6%) $350,999 (3.0%) 0.00 104
2022-05-01 $274,900 (10.0%) $332,614 (4.5%) 0.00 124
2022-06-01 $277,450 (16.9%) $365,082 (15.4%) 0.00 134
2022-07-01 $299,000 (19.7%) $369,945 (13.8%) 0.00 139
2022-08-01 $301,200 (24.3%) $371,685 (19.3%) 0.00 128
2022-09-01 $295,225 (20.7%) $368,526 (17.4%) 0.00 126
2022-10-01 $289,788 (24.7%) $365,512 (27.0%) 0.00 127
2022-11-01 $284,803 (27.4%) $374,356 (30.7%) 0.00 114
2022-12-01 $314,900 (35.5%) $394,857 (32.9%) 0.00 90
2023-01-01 $334,225 (37.3%) $388,067 (28.1%) 0.00 75
2023-02-01 $345,675 (19.2%) $385,171 (12.0%) 0.00 78
2023-03-01 $324,700 (4.8%) $379,416 (8.5%) 0.00 74
2023-04-01 $299,900 (5.2%) $367,561 (4.7%) 0.00 90
2023-05-01 $322,000 (17.1%) $362,771 (9.1%) 0.00 93
2023-06-01 $329,225 (18.7%) $384,029 (5.2%) 0.00 112
2023-07-01 $329,900 (10.3%) $422,797 (14.3%) 0.00 136
2023-08-01 $338,825 (12.5%) $412,481 (11.0%) 0.00 144
2023-09-01 $335,000 (13.5%) $409,096 (11.0%) 0.00 140
2023-10-01 $334,500 (15.4%) $405,926 (11.1%) 0.00 150
2023-11-01 $324,975 (14.1%) $397,151 (6.1%) 0.00 137
2023-12-01 $299,900 (-4.8%) $386,540 (-2.1%) 0.00 119
2024-01-01 $303,700 (-9.1%) $386,983 (-0.3%) 0.00 93
Beaver Dam's median listing price for 2024-01-01 was $303,700, a difference of $-30,525 (-9.1%) versus the prior year and $3,800 versus the prior month.

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

Beaver Dam's average listing price for 2024-01-01 was $386,983, a difference of $-1,084 (-0.3%) versus the prior year and $443 versus the prior month.

For the 2024-01-01 period, Beaver Dam had 93 MLS listings, a difference of -26 listings (-22%) versus the prior month and 18 listings (24%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Beaver Dam (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,611 sqft
2018-02-01 0 days 1,625 sqft
2018-03-01 0 days 1,700 sqft
2018-04-01 0 days 1,652 sqft
2018-05-01 0 days 1,702 sqft
2018-06-01 0 days 1,731 sqft
2018-07-01 0 days 1,725 sqft
2018-08-01 0 days 1,738 sqft
2018-09-01 0 days 1,668 sqft
2018-10-01 0 days 1,688 sqft
2018-11-01 0 days 1,741 sqft
2018-12-01 0 days 1,700 sqft
2019-01-01 0 days 1,673 sqft
2019-02-01 0 days 1,680 sqft
2019-03-01 0 days 1,638 sqft
2019-04-01 0 days 1,674 sqft
2019-05-01 0 days 1,731 sqft
2019-06-01 0 days 1,792 sqft
2019-07-01 0 days 1,729 sqft
2019-08-01 0 days 1,716 sqft
2019-09-01 0 days 1,716 sqft
2019-10-01 0 days 1,716 sqft
2019-11-01 0 days 1,711 sqft
2019-12-01 0 days 1,700 sqft
2020-01-01 0 days 1,686 sqft
2020-02-01 0 days 1,742 sqft
2020-03-01 0 days 1,723 sqft
2020-04-01 0 days 1,683 sqft
2020-05-01 0 days 1,801 sqft
2020-06-01 0 days 1,718 sqft
2020-07-01 0 days 1,812 sqft
2020-08-01 0 days 1,829 sqft
2020-09-01 0 days 1,879 sqft
2020-10-01 0 days 1,870 sqft
2020-11-01 0 days 1,809 sqft
2020-12-01 0 days 1,710 sqft
2021-01-01 0 days 1,675 sqft
2021-02-01 0 days 1,750 sqft
2021-03-01 0 days 1,777 sqft
2021-04-01 0 days 1,799 sqft
2021-05-01 0 days 1,783 sqft
2021-06-01 0 days 1,701 sqft
2021-07-01 0 days 1,775 sqft
2021-08-01 0 days 1,729 sqft
2021-09-01 0 days 1,726 sqft
2021-10-01 0 days 1,710 sqft
2021-11-01 0 days 1,725 sqft
2021-12-01 0 days 1,749 sqft
2022-01-01 0 days 1,648 sqft
2022-02-01 0 days 1,694 sqft
2022-03-01 0 days 1,617 sqft
2022-04-01 0 days 1,721 sqft
2022-05-01 0 days 1,675 sqft
2022-06-01 0 days 1,709 sqft
2022-07-01 0 days 1,768 sqft
2022-08-01 0 days 1,806 sqft
2022-09-01 0 days 1,780 sqft
2022-10-01 0 days 1,695 sqft
2022-11-01 0 days 1,694 sqft
2022-12-01 0 days 1,693 sqft
2023-01-01 0 days 1,688 sqft
2023-02-01 0 days 1,641 sqft
2023-03-01 0 days 1,625 sqft
2023-04-01 0 days 1,672 sqft
2023-05-01 0 days 1,742 sqft
2023-06-01 0 days 1,799 sqft
2023-07-01 0 days 1,728 sqft
2023-08-01 0 days 1,721 sqft
2023-09-01 0 days 1,771 sqft
2023-10-01 0 days 1,785 sqft
2023-11-01 0 days 1,731 sqft
2023-12-01 0 days 1,703 sqft
2024-01-01 0 days 1,702 sqft
Beaver Dam's median listing age (time on market) for 2024-01-01 was 0 days.

Beaver Dam's median square footage for active listings during the 2024-01-01 period was 1,702 sqft. One year prior, the average listing was 1,688 sqft.