Boise City USDA Loan Rates, Closing Costs & Stats
BOISE CITY, ID
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.
Boise City's 6 lenders originated 9 USDA loans during 2024. The total origination value was $3,445,000, with an average USDA loan value of $382,778.
Boise City USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Boise City
averaged
6.22%
for the week of 2025-05-23, compared to the national average (all USDA variants) of
6.433% for the same period.
Boise City's average USDA mortgage closing costs are $7,710.
The average rate for the prior week (2025-05-16) was
6.35% and
one month ago for the week of 2025-04-18, the
average rate was 6.24%.
The average rate one year ago was 6.41%.
For refis of the same type during the week of 2025-05-23, the average rate
was 6.07%.
Boise City 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 Boise City level.
| Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| PREMIER MORTGAGE RESOURCES, L.L.C. | 2 | 5.06% | $10,413 |
| UNITED WHOLESALE MORTGAGE, LLC | 2 | 6.19% | $8,556 |
| AMERICAN PACIFIC MORTGAGE CORPORATION | 1 | 5.50% | $20,350 |
| Bank of England | 1 | 5.75% | $28,239 |
| LOANDEPOT.COM, LLC | 1 | 6.63% | $10,684 |
| Waterstone Mortgage Corporation | 1 | 5.50% | $11,080 |
The top Boise City USDA lender as defined by loan originations is PREMIER MORTGAGE RESOURCES, L.L.C., with
2 USDA loans originated. Their average total fees are
$10,413, which is $1,857
higher than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Boise City USDA lenders (with over 10 loans originated) are
.
The lowest rate Boise City USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Boise City (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 | $299,495 (15.3%) | $375,872 (15.2%) | 1.11 | 2,217 |
| 2018-02-01 | $313,000 (17.3%) | $392,118 (17.8%) | 1.14 | 1,945 |
| 2018-03-01 | $318,995 (15.8%) | $399,375 (14.4%) | 1.12 | 1,934 |
| 2018-04-01 | $329,950 (14.3%) | $413,893 (14.5%) | 1.12 | 1,956 |
| 2018-05-01 | $341,240 (17.1%) | $427,721 (14.8%) | 1.14 | 2,032 |
| 2018-06-01 | $343,990 (18.6%) | $424,251 (14.1%) | 1.15 | 2,227 |
| 2018-07-01 | $342,945 (19.9%) | $423,902 (15.8%) | 1.15 | 2,335 |
| 2018-08-01 | $344,195 (21.6%) | $419,033 (14.9%) | 1.15 | 2,462 |
| 2018-09-01 | $339,000 (19.0%) | $410,548 (11.7%) | 1.14 | 2,742 |
| 2018-10-01 | $333,400 (15.0%) | $412,357 (10.5%) | 1.13 | 2,929 |
| 2018-11-01 | $334,450 (13.2%) | $417,975 (10.6%) | 1.13 | 2,833 |
| 2018-12-01 | $336,990 (12.7%) | $420,301 (10.8%) | 1.16 | 2,525 |
| 2019-01-01 | $339,000 (13.2%) | $423,886 (12.8%) | 1.17 | 2,305 |
| 2019-02-01 | $339,945 (8.6%) | $430,836 (9.9%) | 1.15 | 2,233 |
| 2019-03-01 | $346,575 (8.7%) | $434,484 (8.8%) | 1.13 | 2,259 |
| 2019-04-01 | $357,673 (8.4%) | $443,942 (7.3%) | 1.14 | 2,268 |
| 2019-05-01 | $368,950 (8.1%) | $453,707 (6.1%) | 1.15 | 2,389 |
| 2019-06-01 | $373,337 (8.5%) | $458,888 (8.2%) | 1.17 | 2,590 |
| 2019-07-01 | $374,275 (9.1%) | $459,679 (8.4%) | 1.17 | 2,737 |
| 2019-08-01 | $367,862 (6.9%) | $454,404 (8.4%) | 1.16 | 2,806 |
| 2019-09-01 | $363,383 (7.2%) | $447,923 (9.1%) | 1.16 | 2,911 |
| 2019-10-01 | $359,900 (8.0%) | $443,603 (7.6%) | 1.16 | 2,967 |
| 2019-11-01 | $364,957 (9.1%) | $446,377 (6.8%) | 1.20 | 2,717 |
| 2019-12-01 | $367,204 (9.0%) | $447,678 (6.5%) | 1.22 | 2,394 |
| 2020-01-01 | $369,900 (9.1%) | $449,125 (6.0%) | 1.24 | 2,126 |
| 2020-02-01 | $378,900 (11.5%) | $459,449 (6.6%) | 1.24 | 1,911 |
| 2020-03-01 | $384,223 (10.9%) | $478,372 (10.1%) | 1.20 | 1,856 |
| 2020-04-01 | $386,450 (8.1%) | $478,070 (7.7%) | 1.21 | 2,283 |
| 2020-05-01 | $389,900 (5.7%) | $487,392 (7.4%) | 1.19 | 2,313 |
| 2020-06-01 | $394,368 (5.6%) | $494,584 (7.8%) | 1.16 | 1,898 |
| 2020-07-01 | $399,950 (6.9%) | $512,743 (11.5%) | 1.16 | 1,475 |
| 2020-08-01 | $399,995 (8.7%) | $523,247 (15.2%) | 1.15 | 1,171 |
| 2020-09-01 | $407,990 (12.3%) | $535,775 (19.6%) | 1.17 | 973 |
| 2020-10-01 | $425,000 (18.1%) | $546,599 (23.2%) | 1.22 | 869 |
| 2020-11-01 | $441,828 (21.1%) | $572,633 (28.3%) | 1.29 | 766 |
| 2020-12-01 | $436,500 (18.9%) | $556,074 (24.2%) | 1.30 | 670 |
| 2021-01-01 | $444,995 (20.3%) | $584,527 (30.2%) | 1.33 | 560 |
| 2021-02-01 | $469,316 (23.9%) | $607,164 (32.2%) | 1.37 | 523 |
| 2021-03-01 | $477,500 (24.3%) | $620,704 (29.8%) | 1.35 | 630 |
| 2021-04-01 | $487,378 (26.1%) | $644,492 (34.8%) | 1.32 | 733 |
| 2021-05-01 | $519,000 (33.1%) | $691,614 (41.9%) | 1.38 | 916 |
| 2021-06-01 | $535,858 (35.9%) | $692,916 (40.1%) | 1.41 | 1,247 |
| 2021-07-01 | $539,900 (35.0%) | $685,192 (33.6%) | 1.42 | 1,571 |
| 2021-08-01 | $533,675 (33.4%) | $672,196 (28.5%) | 1.42 | 1,958 |
| 2021-09-01 | $527,000 (29.2%) | $661,304 (23.4%) | 1.41 | 2,213 |
| 2021-10-01 | $529,990 (24.7%) | $662,101 (21.1%) | 1.41 | 2,199 |
| 2021-11-01 | $529,950 (20.0%) | $674,225 (17.7%) | 1.42 | 1,936 |
| 2021-12-01 | $541,968 (24.2%) | $678,126 (22.0%) | 1.47 | 1,488 |
| 2022-01-01 | $559,900 (25.8%) | $697,559 (19.3%) | 1.51 | 1,086 |
| 2022-02-01 | $586,900 (25.1%) | $738,218 (21.6%) | 1.53 | 903 |
| 2022-03-01 | $592,495 (24.1%) | $758,477 (22.2%) | 1.48 | 1,019 |
| 2022-04-01 | $610,990 (25.4%) | $774,367 (20.2%) | 1.46 | 1,246 |
| 2022-05-01 | $618,450 (19.2%) | $785,536 (13.6%) | 1.41 | 1,994 |
| 2022-06-01 | $585,995 (9.4%) | $737,112 (6.4%) | 1.31 | 2,927 |
| 2022-07-01 | $569,900 (5.6%) | $707,053 (3.2%) | 1.28 | 3,732 |
| 2022-08-01 | $552,500 (3.5%) | $688,012 (2.4%) | 1.28 | 4,002 |
| 2022-09-01 | $549,450 (4.3%) | $680,749 (2.9%) | 1.28 | 4,055 |
| 2022-10-01 | $539,500 (1.8%) | $675,458 (2.0%) | 1.27 | 3,965 |
| 2022-11-01 | $522,400 (-1.4%) | $665,201 (-1.3%) | 1.26 | 3,625 |
| 2022-12-01 | $515,000 (-5.0%) | $661,578 (-2.4%) | 1.27 | 3,102 |
| 2023-01-01 | $524,900 (-6.3%) | $661,222 (-5.2%) | 1.30 | 2,490 |
| 2023-02-01 | $552,495 (-5.9%) | $696,121 (-5.7%) | 1.33 | 2,045 |
| 2023-03-01 | $574,900 (-3.0%) | $725,453 (-4.4%) | 1.36 | 1,943 |
| 2023-04-01 | $584,900 (-4.3%) | $752,477 (-2.8%) | 1.36 | 1,951 |
| 2023-05-01 | $609,850 (-1.4%) | $765,029 (-2.6%) | 1.38 | 2,051 |
| 2023-06-01 | $599,950 (2.4%) | $762,356 (3.4%) | 1.35 | 2,242 |
| 2023-07-01 | $599,900 (5.3%) | $750,807 (6.2%) | 1.36 | 2,394 |
| 2023-08-01 | $584,950 (5.9%) | $742,946 (8.0%) | 1.34 | 2,552 |
| 2023-09-01 | $575,000 (4.7%) | $737,434 (8.3%) | 1.34 | 2,616 |
| 2023-10-01 | $555,995 (3.1%) | $727,750 (7.7%) | 1.31 | 2,619 |
| 2023-11-01 | $587,400 (12.4%) | $757,569 (13.9%) | 1.40 | 2,236 |
| 2023-12-01 | $578,800 (12.4%) | $749,691 (13.3%) | 1.41 | 1,889 |
| 2024-01-01 | $589,448 (12.3%) | $753,094 (13.9%) | 1.44 | 1,576 |
| 2024-02-01 | $589,900 (6.8%) | $763,319 (9.7%) | 1.42 | 1,547 |
| 2024-03-01 | $580,000 (0.9%) | $750,508 (3.5%) | 1.37 | 1,741 |
| 2024-04-01 | $577,125 (-1.3%) | $762,557 (1.3%) | 1.34 | 1,996 |
| 2024-05-01 | $598,450 (-1.9%) | $792,036 (3.5%) | 1.36 | 2,302 |
| 2024-06-01 | $585,000 (-2.5%) | $759,399 (-0.4%) | 1.33 | 2,634 |
| 2024-07-01 | $574,950 (-4.2%) | $748,842 (-0.3%) | 1.31 | 2,749 |
| 2024-08-01 | $579,948 (-0.9%) | $754,748 (1.6%) | 1.35 | 2,802 |
| 2024-09-01 | $574,700 (-0.1%) | $753,264 (2.2%) | 1.35 | 2,829 |
| 2024-10-01 | $574,950 (3.4%) | $755,913 (3.9%) | 1.35 | 2,677 |
| 2024-11-01 | $579,900 (-1.3%) | $761,772 (0.6%) | 1.39 | 2,491 |
| 2024-12-01 | $574,950 (-0.7%) | $754,573 (0.7%) | 1.43 | 2,083 |
| 2025-01-01 | $570,000 (-3.3%) | $750,549 (-0.3%) | 1.42 | 1,922 |
| 2025-02-01 | $579,999 (-1.7%) | $753,743 (-1.3%) | 1.41 | 1,903 |
| 2025-03-01 | $591,700 (2.0%) | $776,540 (3.5%) | 1.39 | 2,155 |
| 2025-04-01 | $604,973 (4.8%) | $786,476 (3.1%) | 1.40 | 2,392 |
Boise City's median listing price comes in at 140% of the national average.
Boise City's average listing price for 2025-04-01 was $786,476, a difference of $23,919 (3.1%) versus the prior year and $9,936 versus the prior month.
For the 2025-04-01 period, Boise City had 2,392 MLS listings, a difference of 237 listings (11%) versus the prior month and 396 listings (20%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Boise City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 60 days | 2,239 sqft |
| 2018-02-01 | 42 days | 2,278 sqft |
| 2018-03-01 | 28 days | 2,228 sqft |
| 2018-04-01 | 25 days | 2,196 sqft |
| 2018-05-01 | 23 days | 2,224 sqft |
| 2018-06-01 | 25 days | 2,224 sqft |
| 2018-07-01 | 29 days | 2,220 sqft |
| 2018-08-01 | 31 days | 2,195 sqft |
| 2018-09-01 | 32 days | 2,141 sqft |
| 2018-10-01 | 38 days | 2,127 sqft |
| 2018-11-01 | 44 days | 2,119 sqft |
| 2018-12-01 | 52 days | 2,120 sqft |
| 2019-01-01 | 56 days | 2,127 sqft |
| 2019-02-01 | 41 days | 2,117 sqft |
| 2019-03-01 | 36 days | 2,120 sqft |
| 2019-04-01 | 32 days | 2,146 sqft |
| 2019-05-01 | 30 days | 2,213 sqft |
| 2019-06-01 | 32 days | 2,245 sqft |
| 2019-07-01 | 37 days | 2,235 sqft |
| 2019-08-01 | 38 days | 2,190 sqft |
| 2019-09-01 | 39 days | 2,158 sqft |
| 2019-10-01 | 39 days | 2,133 sqft |
| 2019-11-01 | 50 days | 2,136 sqft |
| 2019-12-01 | 59 days | 2,153 sqft |
| 2020-01-01 | 59 days | 2,134 sqft |
| 2020-02-01 | 43 days | 2,114 sqft |
| 2020-03-01 | 32 days | 2,139 sqft |
| 2020-04-01 | 32 days | 2,160 sqft |
| 2020-05-01 | 52 days | 2,176 sqft |
| 2020-06-01 | 57 days | 2,180 sqft |
| 2020-07-01 | 55 days | 2,188 sqft |
| 2020-08-01 | 50 days | 2,113 sqft |
| 2020-09-01 | 53 days | 2,040 sqft |
| 2020-10-01 | 57 days | 2,025 sqft |
| 2020-11-01 | 51 days | 2,024 sqft |
| 2020-12-01 | 54 days | 1,970 sqft |
| 2021-01-01 | 47 days | 1,970 sqft |
| 2021-02-01 | 35 days | 1,979 sqft |
| 2021-03-01 | 32 days | 2,020 sqft |
| 2021-04-01 | 33 days | 2,008 sqft |
| 2021-05-01 | 32 days | 2,025 sqft |
| 2021-06-01 | 26 days | 2,025 sqft |
| 2021-07-01 | 28 days | 2,046 sqft |
| 2021-08-01 | 29 days | 2,024 sqft |
| 2021-09-01 | 33 days | 2,023 sqft |
| 2021-10-01 | 41 days | 2,025 sqft |
| 2021-11-01 | 47 days | 2,038 sqft |
| 2021-12-01 | 49 days | 2,054 sqft |
| 2022-01-01 | 53 days | 2,085 sqft |
| 2022-02-01 | 30 days | 2,120 sqft |
| 2022-03-01 | 26 days | 2,127 sqft |
| 2022-04-01 | 29 days | 2,144 sqft |
| 2022-05-01 | 23 days | 2,168 sqft |
| 2022-06-01 | 26 days | 2,100 sqft |
| 2022-07-01 | 36 days | 2,098 sqft |
| 2022-08-01 | 46 days | 2,096 sqft |
| 2022-09-01 | 55 days | 2,101 sqft |
| 2022-10-01 | 61 days | 2,110 sqft |
| 2022-11-01 | 69 days | 2,110 sqft |
| 2022-12-01 | 78 days | 2,107 sqft |
| 2023-01-01 | 81 days | 2,124 sqft |
| 2023-02-01 | 65 days | 2,168 sqft |
| 2023-03-01 | 44 days | 2,215 sqft |
| 2023-04-01 | 43 days | 2,269 sqft |
| 2023-05-01 | 38 days | 2,310 sqft |
| 2023-06-01 | 38 days | 2,297 sqft |
| 2023-07-01 | 43 days | 2,266 sqft |
| 2023-08-01 | 44 days | 2,228 sqft |
| 2023-09-01 | 46 days | 2,186 sqft |
| 2023-10-01 | 51 days | 2,127 sqft |
| 2023-11-01 | 53 days | 2,169 sqft |
| 2023-12-01 | 59 days | 2,160 sqft |
| 2024-01-01 | 66 days | 2,188 sqft |
| 2024-02-01 | 50 days | 2,201 sqft |
| 2024-03-01 | 37 days | 2,163 sqft |
| 2024-04-01 | 36 days | 2,179 sqft |
| 2024-05-01 | 33 days | 2,233 sqft |
| 2024-06-01 | 38 days | 2,178 sqft |
| 2024-07-01 | 44 days | 2,146 sqft |
| 2024-08-01 | 50 days | 2,171 sqft |
| 2024-09-01 | 49 days | 2,137 sqft |
| 2024-10-01 | 52 days | 2,144 sqft |
| 2024-11-01 | 57 days | 2,158 sqft |
| 2024-12-01 | 60 days | 2,147 sqft |
| 2025-01-01 | 61 days | 2,147 sqft |
| 2025-02-01 | 42 days | 2,162 sqft |
| 2025-03-01 | 38 days | 2,192 sqft |
| 2025-04-01 | 36 days | 2,204 sqft |
Boise City's median square footage for active listings during the 2025-04-01 period was 2,204 sqft. One year prior, the average listing was 2,179 sqft.