Beaver Dam USDA Loans
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 29 lenders originated 53 USDA loans during 2021. The total origination value was $8,575,000, with an average USDA loan value of $161,792.
Beaver Dam USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Beaver Dam
averaged
5.47%
for the week of 2022-08-05, compared to the national average (all USDA variants) of
5.294% for the same period.
The average rate for the prior week (2022-07-29) was
5.69% and
one month ago for the week of 2022-07-01, the
average rate was 5.83%.
The average rate one year ago was 3.01%.
For refis of the same type during the week of 2022-08-05, the average rate
was 5.25%.
Beaver Dam USDA Loan Lenders by Rates & Fees
The below table looks at the average fees and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Beaver Dam level.
The top Beaver Dam USDA lender as defined by loan originations is Horicon Bank, with
8 USDA loans originated. Their average total fees are
$3,234, which is $1,347
lower than the next largest lender,
FAIRWAY INDEPENDENT MORTGAGE CORPORATION.
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. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $151,900 (2.5%) | $227,519 (3.7%) | 0.00 | 230 |
2018-02-01 | $177,450 (18.4%) | $245,419 (11.3%) | 0.00 | 213 |
2018-03-01 | $185,000 (19.8%) | $251,342 (15.8%) | 0.00 | 208 |
2018-04-01 | $186,250 (6.5%) | $262,237 (8.0%) | 0.00 | 197 |
2018-05-01 | $194,450 (11.4%) | $298,903 (25.1%) | 0.00 | 192 |
2018-06-01 | $199,000 (19.6%) | $293,231 (26.2%) | 0.00 | 206 |
2018-07-01 | $200,000 (17.7%) | $306,793 (28.8%) | 0.00 | 240 |
2018-08-01 | $209,450 (25.9%) | $308,266 (34.0%) | 0.00 | 274 |
2018-09-01 | $199,900 (31.1%) | $280,110 (24.0%) | 0.00 | 311 |
2018-10-01 | $208,800 (40.2%) | $280,124 (33.8%) | 0.00 | 324 |
2018-11-01 | $208,500 (34.6%) | $288,340 (33.4%) | 0.00 | 302 |
2018-12-01 | $199,900 (25.0%) | $282,202 (25.5%) | 0.00 | 279 |
2019-01-01 | $203,450 (33.9%) | $281,992 (23.9%) | 0.00 | 259 |
2019-02-01 | $212,450 (19.7%) | $289,793 (18.1%) | 0.00 | 210 |
2019-03-01 | $228,471 (23.5%) | $290,578 (15.6%) | 0.00 | 220 |
2019-04-01 | $244,900 (31.5%) | $320,809 (22.3%) | 0.00 | 251 |
2019-05-01 | $235,450 (21.1%) | $310,840 (4.0%) | 0.00 | 220 |
2019-06-01 | $235,000 (18.1%) | $303,598 (3.5%) | 0.00 | 211 |
2019-07-01 | $236,000 (18.0%) | $303,684 (-1.0%) | 0.00 | 220 |
2019-08-01 | $231,814 (10.7%) | $298,313 (-3.2%) | 0.00 | 227 |
2019-09-01 | $222,450 (11.3%) | $284,277 (1.5%) | 0.00 | 239 |
2019-10-01 | $211,000 (1.1%) | $277,809 (-0.8%) | 0.00 | 258 |
2019-11-01 | $200,000 (-4.1%) | $270,669 (-6.1%) | 0.00 | 247 |
2019-12-01 | $208,000 (4.1%) | $275,419 (-2.4%) | 0.00 | 210 |
2020-01-01 | $199,999 (-1.7%) | $284,621 (0.9%) | 0.00 | 188 |
2020-02-01 | $199,999 (-5.9%) | $290,683 (0.3%) | 0.00 | 168 |
2020-03-01 | $228,450 (0.0%) | $316,414 (8.9%) | 0.00 | 143 |
2020-04-01 | $232,250 (-5.2%) | $314,472 (-2.0%) | 0.00 | 136 |
2020-05-01 | $249,900 (6.1%) | $335,817 (8.0%) | 0.00 | 130 |
2020-06-01 | $244,900 (4.2%) | $331,245 (9.1%) | 0.00 | 126 |
2020-07-01 | $254,900 (8.0%) | $332,784 (9.6%) | 0.00 | 120 |
2020-08-01 | $264,900 (14.3%) | $347,906 (16.6%) | 0.00 | 115 |
2020-09-01 | $251,950 (13.3%) | $348,970 (22.8%) | 0.00 | 121 |
2020-10-01 | $249,900 (18.4%) | $346,567 (24.8%) | 0.00 | 115 |
2020-11-01 | $222,400 (11.2%) | $338,756 (25.2%) | 0.00 | 109 |
2020-12-01 | $219,950 (5.8%) | $340,861 (23.8%) | 0.00 | 95 |
2021-01-01 | $235,000 (17.5%) | $346,789 (21.8%) | 0.00 | 76 |
2021-02-01 | $222,450 (11.2%) | $383,607 (32.0%) | 0.00 | 56 |
2021-03-01 | $239,900 (5.0%) | $400,152 (26.5%) | 0.00 | 52 |
2021-04-01 | $254,900 (9.8%) | $393,693 (25.2%) | 0.00 | 57 |
2021-05-01 | $259,900 (4.0%) | $361,551 (7.7%) | 0.00 | 59 |
2021-06-01 | $242,450 (-1.0%) | $343,018 (3.6%) | 0.00 | 65 |
2021-07-01 | $263,750 (3.5%) | $350,209 (5.2%) | 0.00 | 75 |
2021-08-01 | $244,900 (-7.6%) | $284,114 (-18.3%) | 0.00 | 102 |
2021-09-01 | $242,400 (-3.8%) | $277,705 (-20.4%) | 0.00 | 115 |
2021-10-01 | $239,999 (-4.0%) | $275,955 (-20.4%) | 0.00 | 119 |
2021-11-01 | $242,500 (9.0%) | $282,062 (-16.7%) | 0.00 | 105 |
2021-12-01 | $249,950 (13.6%) | $287,451 (-15.7%) | 0.00 | 91 |
2022-01-01 | $249,900 (6.3%) | $294,569 (-15.1%) | 0.00 | 62 |
2022-02-01 | $282,500 (27.0%) | $330,092 (-14.0%) | 0.00 | 42 |
2022-03-01 | $290,000 (20.9%) | $344,945 (-13.8%) | 0.00 | 44 |
2022-04-01 | $285,000 (11.8%) | $339,332 (-13.8%) | 0.00 | 55 |
2022-05-01 | $279,900 (7.7%) | $324,474 (-10.3%) | 0.00 | 61 |
2022-06-01 | $284,700 (17.4%) | $379,707 (10.7%) | 0.00 | 74 |
Beaver Dam's median listing price comes in at 0% of the national average.
Beaver Dam's average listing price for 2022-06-01 was $379,707, a difference of $36,689 (10.7%) versus the prior year and $55,233 versus the prior month.
For the 2022-06-01 period, Beaver Dam had 74 MLS listings, a difference of 13 listings (21%) versus the prior month and 9 listings (14%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Beaver Dam (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,592 sqft |
2018-02-01 | 0 days | 1,674 sqft |
2018-03-01 | 0 days | 1,776 sqft |
2018-04-01 | 0 days | 1,690 sqft |
2018-05-01 | 0 days | 1,694 sqft |
2018-06-01 | 0 days | 1,684 sqft |
2018-07-01 | 0 days | 1,691 sqft |
2018-08-01 | 0 days | 1,745 sqft |
2018-09-01 | 0 days | 1,680 sqft |
2018-10-01 | 0 days | 1,749 sqft |
2018-11-01 | 0 days | 1,746 sqft |
2018-12-01 | 0 days | 1,700 sqft |
2019-01-01 | 0 days | 1,662 sqft |
2019-02-01 | 0 days | 1,632 sqft |
2019-03-01 | 0 days | 1,648 sqft |
2019-04-01 | 0 days | 1,779 sqft |
2019-05-01 | 0 days | 1,790 sqft |
2019-06-01 | 0 days | 1,737 sqft |
2019-07-01 | 0 days | 1,711 sqft |
2019-08-01 | 0 days | 1,733 sqft |
2019-09-01 | 0 days | 1,755 sqft |
2019-10-01 | 0 days | 1,712 sqft |
2019-11-01 | 0 days | 1,712 sqft |
2019-12-01 | 0 days | 1,691 sqft |
2020-01-01 | 0 days | 1,645 sqft |
2020-02-01 | 0 days | 1,737 sqft |
2020-03-01 | 0 days | 1,730 sqft |
2020-04-01 | 0 days | 1,667 sqft |
2020-05-01 | 0 days | 1,800 sqft |
2020-06-01 | 0 days | 1,807 sqft |
2020-07-01 | 0 days | 1,819 sqft |
2020-08-01 | 0 days | 2,080 sqft |
2020-09-01 | 0 days | 1,962 sqft |
2020-10-01 | 0 days | 1,964 sqft |
2020-11-01 | 0 days | 1,822 sqft |
2020-12-01 | 0 days | 1,730 sqft |
2021-01-01 | 0 days | 1,721 sqft |
2021-02-01 | 0 days | 1,742 sqft |
2021-03-01 | 0 days | 1,803 sqft |
2021-04-01 | 0 days | 1,770 sqft |
2021-05-01 | 0 days | 1,900 sqft |
2021-06-01 | 0 days | 1,690 sqft |
2021-07-01 | 0 days | 1,799 sqft |
2021-08-01 | 0 days | 1,672 sqft |
2021-09-01 | 0 days | 1,689 sqft |
2021-10-01 | 0 days | 1,720 sqft |
2021-11-01 | 0 days | 1,751 sqft |
2021-12-01 | 0 days | 1,791 sqft |
2022-01-01 | 0 days | 1,644 sqft |
2022-02-01 | 0 days | 1,682 sqft |
2022-03-01 | 0 days | 1,593 sqft |
2022-04-01 | 0 days | 1,683 sqft |
2022-05-01 | 0 days | 1,628 sqft |
2022-06-01 | 0 days | 1,715 sqft |
Beaver Dam's median square footage for active listings during the 2022-06-01 period was 1,715 sqft. One year prior, the average listing was 1,690 sqft.