Bozeman USDA Loan Rates, Closing Costs & Stats

Bozeman, MT

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Bozeman USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Bozeman averaged 6.29% for the week of 2024-11-08, compared to the national average (all USDA variants) of 6.477% for the same period.

    Bozeman's average USDA mortgage closing costs are $7,096.

    The average rate for the prior week (2024-11-01) was 6.16% and one month ago for the week of 2024-10-04, the average rate was 5.79%.

    The average rate one year ago was 7.23%.

    For refis of the same type during the week of 2024-11-08, the average rate was 6.28%.

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

    Bozeman 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 Bozeman level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Bozeman (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 $581,900 (-0.3%) $1,050,338 (-8.2%) 0.00 617
    2018-02-01 $598,225 (1.1%) $1,029,678 (-10.7%) 0.00 598
    2018-03-01 $612,500 (9.7%) $1,006,336 (-9.7%) 0.00 569
    2018-04-01 $597,000 (-0.3%) $961,326 (-15.7%) 0.00 554
    2018-05-01 $591,925 (-5.6%) $958,986 (-12.1%) 0.00 573
    2018-06-01 $595,000 (0.5%) $972,574 (-5.0%) 0.00 663
    2018-07-01 $554,500 (-6.8%) $933,980 (-10.9%) 0.00 741
    2018-08-01 $534,463 (-6.9%) $907,720 (-11.3%) 0.00 754
    2018-09-01 $499,000 (-16.1%) $887,255 (-15.0%) 0.00 758
    2018-10-01 $485,750 (-19.0%) $877,310 (-17.5%) 0.00 744
    2018-11-01 $492,450 (-13.4%) $918,089 (-11.5%) 0.00 682
    2018-12-01 $499,900 (-13.4%) $959,959 (-7.3%) 0.00 654
    2019-01-01 $549,250 (-5.6%) $1,069,816 (1.9%) 0.00 597
    2019-02-01 $571,350 (-4.5%) $1,085,527 (5.4%) 0.00 561
    2019-03-01 $585,100 (-4.5%) $1,096,955 (9.0%) 0.00 557
    2019-04-01 $599,900 (0.5%) $1,097,650 (14.2%) 0.00 561
    2019-05-01 $599,450 (1.3%) $1,054,601 (10.0%) 0.00 593
    2019-06-01 $599,950 (0.8%) $1,046,135 (7.6%) 0.00 662
    2019-07-01 $607,363 (9.5%) $1,063,479 (13.9%) 0.00 729
    2019-08-01 $635,691 (18.9%) $1,082,346 (19.2%) 0.00 764
    2019-09-01 $615,052 (23.3%) $1,076,289 (21.3%) 0.00 781
    2019-10-01 $599,450 (23.4%) $1,079,393 (23.0%) 0.00 789
    2019-11-01 $599,000 (21.6%) $1,103,537 (20.2%) 0.00 732
    2019-12-01 $592,450 (18.5%) $1,131,483 (17.9%) 0.00 682
    2020-01-01 $607,450 (10.6%) $1,220,964 (14.1%) 0.00 628
    2020-02-01 $669,700 (17.2%) $1,270,150 (17.0%) 0.00 583
    2020-03-01 $643,225 (9.9%) $1,229,442 (12.1%) 0.00 588
    2020-04-01 $604,000 (0.7%) $1,200,537 (9.4%) 0.00 660
    2020-05-01 $619,000 (3.3%) $1,221,338 (15.8%) 0.00 691
    2020-06-01 $727,000 (21.2%) $1,331,907 (27.3%) 0.00 665
    2020-07-01 $777,000 (27.9%) $1,416,029 (33.2%) 0.00 580
    2020-08-01 $819,900 (29.0%) $1,481,117 (36.8%) 0.00 495
    2020-09-01 $959,500 (56.0%) $1,685,507 (56.6%) 0.00 373
    2020-10-01 $954,750 (59.3%) $1,741,304 (61.3%) 0.00 319
    2020-11-01 $1,120,663 (87.1%) $1,934,802 (75.3%) 0.00 263
    2020-12-01 $1,188,250 (100.6%) $2,039,610 (80.3%) 0.00 252
    2021-01-01 $1,300,000 (114.0%) $2,237,352 (83.2%) 0.00 219
    2021-02-01 $1,296,250 (93.6%) $2,329,144 (83.4%) 0.00 202
    2021-03-01 $1,053,750 (63.8%) $2,158,491 (75.6%) 0.00 185
    2021-04-01 $949,500 (57.2%) $2,037,895 (69.8%) 0.00 183
    2021-05-01 $1,099,000 (77.5%) $2,067,993 (69.3%) 0.00 206
    2021-06-01 $964,975 (32.7%) $1,880,699 (41.2%) 0.00 280
    2021-07-01 $949,950 (22.3%) $1,883,053 (33.0%) 0.00 317
    2021-08-01 $860,000 (4.9%) $1,799,526 (21.5%) 0.00 341
    2021-09-01 $872,250 (-9.1%) $2,044,492 (21.3%) 0.00 334
    2021-10-01 $950,000 (-0.5%) $2,121,536 (21.8%) 0.00 281
    2021-11-01 $1,288,500 (15.0%) $2,734,004 (41.3%) 0.00 225
    2021-12-01 $1,516,250 (27.6%) $2,994,937 (46.8%) 0.00 181
    2022-01-01 $1,849,950 (42.3%) $3,312,909 (48.1%) 0.00 152
    2022-02-01 $1,405,250 (8.4%) $2,972,632 (27.6%) 0.00 169
    2022-03-01 $1,406,000 (33.4%) $2,648,782 (22.7%) 0.00 186
    2022-04-01 $1,297,000 (36.6%) $2,233,404 (9.6%) 0.00 242
    2022-05-01 $1,046,950 (-4.7%) $1,972,334 (-4.6%) 0.00 337
    2022-06-01 $989,000 (2.5%) $1,858,815 (-1.2%) 0.00 456
    2022-07-01 $999,997 (5.3%) $1,854,733 (-1.5%) 0.00 597
    2022-08-01 $999,500 (16.2%) $1,826,157 (1.5%) 0.00 668
    2022-09-01 $998,875 (14.5%) $1,849,016 (-9.6%) 0.00 648
    2022-10-01 $979,900 (3.2%) $1,813,553 (-14.5%) 0.00 628
    2022-11-01 $975,000 (-24.3%) $1,874,646 (-31.4%) 0.00 577
    2022-12-01 $995,000 (-34.4%) $1,929,297 (-35.6%) 0.00 523
    2023-01-01 $1,095,000 (-40.8%) $2,103,091 (-36.5%) 0.00 479
    2023-02-01 $1,227,250 (-12.7%) $2,206,227 (-25.8%) 0.00 471
    2023-03-01 $1,256,250 (-10.7%) $2,206,170 (-16.7%) 0.00 459
    2023-04-01 $1,287,500 (-0.7%) $2,154,307 (-3.5%) 0.00 456
    2023-05-01 $1,238,000 (18.3%) $2,118,535 (7.4%) 0.00 468
    2023-06-01 $1,200,000 (21.3%) $2,059,543 (10.8%) 0.00 521
    2023-07-01 $1,200,000 (20.0%) $2,201,506 (18.7%) 0.00 587
    2023-08-01 $1,097,500 (9.8%) $2,118,420 (16.0%) 0.00 629
    2023-09-01 $999,750 (0.1%) $2,152,457 (16.4%) 0.00 640
    2023-10-01 $1,018,000 (3.9%) $2,116,451 (16.7%) 0.00 603
    2023-11-01 $1,074,250 (10.2%) $2,225,737 (18.7%) 0.00 555
    2023-12-01 $1,175,000 (18.1%) $2,354,857 (22.1%) 0.00 533
    2024-01-01 $1,196,000 (9.2%) $2,478,024 (17.8%) 0.00 500
    2024-02-01 $1,197,000 (-2.5%) $2,463,254 (11.7%) 0.00 501
    2024-03-01 $1,099,000 (-12.5%) $2,388,520 (8.3%) 0.00 524
    2024-04-01 $1,026,000 (-20.3%) $2,228,122 (3.4%) 0.00 584
    2024-05-01 $996,875 (-19.5%) $2,070,706 (-2.3%) 0.00 648
    2024-06-01 $985,000 (-17.9%) $1,988,812 (-3.4%) 0.00 753
    2024-07-01 $995,000 (-17.1%) $2,039,971 (-7.3%) 0.00 858
    2024-08-01 $988,250 (-10.0%) $2,048,032 (-3.3%) 0.00 861
    2024-09-01 $957,000 (-4.3%) $2,026,536 (-5.9%) 0.00 850
    2024-10-01 $941,125 (-7.6%) $2,023,706 (-4.4%) 0.00 819
    Bozeman's median listing price for 2024-10-01 was $941,125, a difference of $-76,875 (-7.6%) versus the prior year and $-15,875 versus the prior month.

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

    Bozeman's average listing price for 2024-10-01 was $2,023,706, a difference of $-92,745 (-4.4%) versus the prior year and $-2,830 versus the prior month.

    For the 2024-10-01 period, Bozeman had 819 MLS listings, a difference of -31 listings (-4%) versus the prior month and 216 listings (36%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Bozeman (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,353 sqft
    2018-02-01 0 days 2,306 sqft
    2018-03-01 0 days 2,349 sqft
    2018-04-01 0 days 2,355 sqft
    2018-05-01 0 days 2,405 sqft
    2018-06-01 0 days 2,528 sqft
    2018-07-01 0 days 2,546 sqft
    2018-08-01 0 days 2,442 sqft
    2018-09-01 0 days 2,310 sqft
    2018-10-01 0 days 2,238 sqft
    2018-11-01 0 days 2,289 sqft
    2018-12-01 0 days 2,310 sqft
    2019-01-01 0 days 2,314 sqft
    2019-02-01 0 days 2,335 sqft
    2019-03-01 0 days 2,354 sqft
    2019-04-01 0 days 2,378 sqft
    2019-05-01 0 days 2,346 sqft
    2019-06-01 0 days 2,379 sqft
    2019-07-01 0 days 2,382 sqft
    2019-08-01 0 days 2,386 sqft
    2019-09-01 0 days 2,334 sqft
    2019-10-01 0 days 2,301 sqft
    2019-11-01 0 days 2,285 sqft
    2019-12-01 0 days 2,245 sqft
    2020-01-01 0 days 2,236 sqft
    2020-02-01 0 days 2,256 sqft
    2020-03-01 0 days 2,255 sqft
    2020-04-01 0 days 2,208 sqft
    2020-05-01 0 days 2,237 sqft
    2020-06-01 0 days 2,354 sqft
    2020-07-01 0 days 2,433 sqft
    2020-08-01 0 days 2,478 sqft
    2020-09-01 0 days 2,526 sqft
    2020-10-01 0 days 2,539 sqft
    2020-11-01 0 days 2,540 sqft
    2020-12-01 0 days 2,503 sqft
    2021-01-01 0 days 2,586 sqft
    2021-02-01 0 days 2,698 sqft
    2021-03-01 0 days 2,735 sqft
    2021-04-01 0 days 2,695 sqft
    2021-05-01 0 days 2,773 sqft
    2021-06-01 0 days 2,591 sqft
    2021-07-01 0 days 2,525 sqft
    2021-08-01 0 days 2,370 sqft
    2021-09-01 0 days 2,381 sqft
    2021-10-01 0 days 2,428 sqft
    2021-11-01 0 days 2,861 sqft
    2021-12-01 0 days 2,998 sqft
    2022-01-01 0 days 3,087 sqft
    2022-02-01 0 days 2,567 sqft
    2022-03-01 0 days 2,429 sqft
    2022-04-01 0 days 2,139 sqft
    2022-05-01 0 days 2,243 sqft
    2022-06-01 0 days 2,226 sqft
    2022-07-01 0 days 2,301 sqft
    2022-08-01 0 days 2,272 sqft
    2022-09-01 0 days 2,343 sqft
    2022-10-01 0 days 2,376 sqft
    2022-11-01 0 days 2,350 sqft
    2022-12-01 0 days 2,389 sqft
    2023-01-01 0 days 2,402 sqft
    2023-02-01 0 days 2,374 sqft
    2023-03-01 0 days 2,400 sqft
    2023-04-01 0 days 2,346 sqft
    2023-05-01 0 days 2,352 sqft
    2023-06-01 0 days 2,383 sqft
    2023-07-01 0 days 2,440 sqft
    2023-08-01 0 days 2,390 sqft
    2023-09-01 0 days 2,345 sqft
    2023-10-01 0 days 2,316 sqft
    2023-11-01 0 days 2,198 sqft
    2023-12-01 0 days 2,176 sqft
    2024-01-01 0 days 2,148 sqft
    2024-02-01 0 days 2,102 sqft
    2024-03-01 0 days 2,065 sqft
    2024-04-01 0 days 2,091 sqft
    2024-05-01 0 days 2,069 sqft
    2024-06-01 0 days 2,161 sqft
    2024-07-01 0 days 2,173 sqft
    2024-08-01 0 days 2,204 sqft
    2024-09-01 0 days 2,198 sqft
    2024-10-01 0 days 2,198 sqft
    Bozeman's median listing age (time on market) for 2024-10-01 was 0 days.

    Bozeman's median square footage for active listings during the 2024-10-01 period was 2,198 sqft. One year prior, the average listing was 2,316 sqft.