Branson USDA Loan Rates, Closing Costs & Stats

Branson, MO

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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.

    Branson's 12 lenders originated 20 USDA loans during 2023. The total origination value was $3,690,000, with an average USDA loan value of $184,500.

    Branson USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Branson averaged 6.9% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Branson's average USDA mortgage closing costs are $4,344.

    The average rate for the prior week (2024-04-12) was 6.76% and one month ago for the week of 2024-03-15, the average rate was 6.64%.

    The average rate one year ago was 6.48%.

    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.

    Branson 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 Branson level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    FLAT BRANCH MORTGAGE, INC. 5 6.50% $5,707
    GERSHMAN INVESTMENT CORP. 2 6.94% $4,504
    Regions Bank 2 5.25% $5,720
    CARDINAL FINANCIAL 2 6.75% $5,075
    DAS Acquisition Company, LLC 2 7.13% $6,225
    The Central Trust Bank 1 5.63% $4,545
    Arvest Bank 1 7.50% $5,569
    UNITED WHOLESALE MORTGAGE, LLC 1 7.24% $7,279
    GUILD MORTGAGE COMPANY 1 7.13% $6,856
    Midwest Mortgage Associates Corporation 1 6.63% $1,956
    PLANET HOME LENDING, LLC 1 6.50% $5,453
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $5,350

    The top Branson USDA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 5 USDA loans originated. Their average total fees are $5,707, which is $1,203 higher than the next largest lender, GERSHMAN INVESTMENT CORP..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Branson (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 $177,250 (14.4%) $250,015 (13.7%) 0.00 693
    2018-02-01 $179,900 (16.5%) $250,871 (14.9%) 0.00 678
    2018-03-01 $179,900 (16.3%) $248,925 (14.1%) 0.00 705
    2018-04-01 $181,950 (15.9%) $258,601 (15.6%) 0.00 734
    2018-05-01 $187,350 (19.8%) $258,813 (14.2%) 0.00 739
    2018-06-01 $189,900 (18.8%) $259,735 (12.5%) 0.00 758
    2018-07-01 $190,475 (19.1%) $260,578 (11.9%) 0.00 774
    2018-08-01 $189,000 (17.8%) $256,825 (8.9%) 0.00 791
    2018-09-01 $185,000 (12.1%) $254,660 (6.0%) 0.00 759
    2018-10-01 $183,625 (7.4%) $249,743 (0.5%) 0.00 758
    2018-11-01 $188,525 (7.9%) $247,453 (-2.2%) 0.00 784
    2018-12-01 $185,000 (5.7%) $240,080 (-6.9%) 0.00 771
    2019-01-01 $186,950 (5.5%) $241,530 (-3.4%) 0.00 723
    2019-02-01 $189,650 (5.4%) $244,447 (-2.6%) 0.00 721
    2019-03-01 $194,186 (7.9%) $248,164 (-0.3%) 0.00 712
    2019-04-01 $199,900 (9.9%) $251,163 (-2.9%) 0.00 718
    2019-05-01 $199,450 (6.5%) $255,386 (-1.3%) 0.00 741
    2019-06-01 $199,000 (4.8%) $256,308 (-1.3%) 0.00 771
    2019-07-01 $199,900 (5.0%) $264,655 (1.6%) 0.00 770
    2019-08-01 $200,782 (6.2%) $264,740 (3.1%) 0.00 754
    2019-09-01 $198,655 (7.4%) $262,573 (3.1%) 0.00 734
    2019-10-01 $194,750 (6.1%) $261,128 (4.6%) 0.00 711
    2019-11-01 $197,000 (4.5%) $261,178 (5.6%) 0.00 675
    2019-12-01 $189,900 (2.7%) $255,384 (6.4%) 0.00 675
    2020-01-01 $191,450 (2.4%) $248,315 (2.8%) 0.00 613
    2020-02-01 $197,900 (4.4%) $262,465 (7.4%) 0.00 625
    2020-03-01 $199,925 (3.0%) $268,538 (8.2%) 0.00 616
    2020-04-01 $197,500 (-1.2%) $268,500 (6.9%) 0.00 640
    2020-05-01 $198,975 (-0.2%) $270,550 (5.9%) 0.00 624
    2020-06-01 $198,175 (-0.4%) $274,868 (7.2%) 0.00 554
    2020-07-01 $192,400 (-3.8%) $279,913 (5.8%) 0.00 513
    2020-08-01 $199,700 (-0.5%) $304,045 (14.9%) 0.00 426
    2020-09-01 $202,300 (1.8%) $304,094 (15.8%) 0.00 405
    2020-10-01 $203,000 (4.2%) $320,802 (22.9%) 0.00 383
    2020-11-01 $203,925 (3.5%) $326,140 (24.9%) 0.00 361
    2020-12-01 $199,925 (5.3%) $321,162 (25.8%) 0.00 330
    2021-01-01 $214,950 (12.3%) $317,260 (27.8%) 0.00 271
    2021-02-01 $214,925 (8.6%) $307,239 (17.1%) 0.00 220
    2021-03-01 $234,900 (17.5%) $372,435 (38.7%) 0.00 204
    2021-04-01 $243,750 (23.4%) $399,384 (48.8%) 0.00 187
    2021-05-01 $279,900 (40.7%) $452,195 (67.1%) 0.00 188
    2021-06-01 $287,475 (45.1%) $452,491 (64.6%) 0.00 200
    2021-07-01 $296,900 (54.3%) $445,612 (59.2%) 0.00 245
    2021-08-01 $299,350 (49.9%) $434,995 (43.1%) 0.00 249
    2021-09-01 $290,725 (43.7%) $462,462 (52.1%) 0.00 301
    2021-10-01 $289,000 (42.4%) $481,918 (50.2%) 0.00 310
    2021-11-01 $287,000 (40.7%) $513,061 (57.3%) 0.00 265
    2021-12-01 $285,000 (42.6%) $575,204 (79.1%) 0.00 240
    2022-01-01 $299,900 (39.5%) $603,054 (90.1%) 0.00 208
    2022-02-01 $299,900 (39.5%) $564,761 (83.8%) 0.00 168
    2022-03-01 $324,350 (38.1%) $633,121 (70.0%) 0.00 164
    2022-04-01 $349,000 (43.2%) $620,533 (55.4%) 0.00 241
    2022-05-01 $325,000 (16.1%) $578,810 (28.0%) 0.00 285
    2022-06-01 $309,900 (7.8%) $504,690 (11.5%) 0.00 337
    2022-07-01 $299,900 (1.0%) $480,687 (7.9%) 0.00 376
    2022-08-01 $319,900 (6.9%) $507,198 (16.6%) 0.00 412
    2022-09-01 $310,625 (6.8%) $493,198 (6.7%) 0.00 421
    2022-10-01 $319,450 (10.5%) $481,987 (0.0%) 0.00 434
    2022-11-01 $319,900 (11.5%) $453,759 (-11.6%) 0.00 435
    2022-12-01 $339,900 (19.3%) $456,704 (-20.6%) 0.00 408
    2023-01-01 $325,000 (8.4%) $454,370 (-24.7%) 0.00 359
    2023-02-01 $329,225 (9.8%) $465,092 (-17.7%) 0.00 333
    2023-03-01 $335,000 (3.3%) $467,441 (-26.2%) 0.00 348
    2023-04-01 $320,000 (-8.3%) $440,743 (-29.0%) 0.00 395
    2023-05-01 $320,000 (-1.5%) $462,255 (-20.1%) 0.00 395
    2023-06-01 $321,750 (3.8%) $481,299 (-4.6%) 0.00 407
    2023-07-01 $310,750 (3.6%) $466,987 (-2.9%) 0.00 409
    2023-08-01 $319,725 (-0.1%) $482,613 (-4.9%) 0.00 416
    2023-09-01 $299,950 (-3.4%) $472,374 (-4.2%) 0.00 437
    2023-10-01 $301,975 (-5.5%) $464,732 (-3.6%) 0.00 493
    2023-11-01 $300,000 (-6.2%) $453,268 (-0.1%) 0.00 522
    2023-12-01 $299,900 (-11.8%) $442,201 (-3.2%) 0.00 526
    2024-01-01 $294,925 (-9.3%) $434,747 (-4.3%) 0.00 497
    2024-02-01 $286,975 (-12.8%) $428,022 (-8.0%) 0.00 520
    2024-03-01 $280,000 (-16.4%) $418,647 (-10.4%) 0.00 555
    Branson's median listing price for 2024-03-01 was $280,000, a difference of $-55,000 (-16.4%) versus the prior year and $-6,975 versus the prior month.

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

    Branson's average listing price for 2024-03-01 was $418,647, a difference of $-48,794 (-10.4%) versus the prior year and $-9,375 versus the prior month.

    For the 2024-03-01 period, Branson had 555 MLS listings, a difference of 35 listings (7%) versus the prior month and 207 listings (59%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Branson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,756 sqft
    2018-02-01 0 days 1,764 sqft
    2018-03-01 0 days 1,757 sqft
    2018-04-01 0 days 1,755 sqft
    2018-05-01 0 days 1,758 sqft
    2018-06-01 0 days 1,793 sqft
    2018-07-01 0 days 1,810 sqft
    2018-08-01 0 days 1,747 sqft
    2018-09-01 0 days 1,714 sqft
    2018-10-01 0 days 1,686 sqft
    2018-11-01 0 days 1,691 sqft
    2018-12-01 0 days 1,692 sqft
    2019-01-01 0 days 1,690 sqft
    2019-02-01 0 days 1,693 sqft
    2019-03-01 0 days 1,718 sqft
    2019-04-01 0 days 1,725 sqft
    2019-05-01 0 days 1,700 sqft
    2019-06-01 0 days 1,692 sqft
    2019-07-01 0 days 1,698 sqft
    2019-08-01 0 days 1,723 sqft
    2019-09-01 0 days 1,705 sqft
    2019-10-01 0 days 1,692 sqft
    2019-11-01 0 days 1,692 sqft
    2019-12-01 0 days 1,692 sqft
    2020-01-01 0 days 1,677 sqft
    2020-02-01 0 days 1,682 sqft
    2020-03-01 0 days 1,696 sqft
    2020-04-01 0 days 1,649 sqft
    2020-05-01 0 days 1,637 sqft
    2020-06-01 0 days 1,630 sqft
    2020-07-01 0 days 1,600 sqft
    2020-08-01 0 days 1,650 sqft
    2020-09-01 0 days 1,570 sqft
    2020-10-01 0 days 1,560 sqft
    2020-11-01 0 days 1,613 sqft
    2020-12-01 0 days 1,603 sqft
    2021-01-01 0 days 1,625 sqft
    2021-02-01 0 days 1,600 sqft
    2021-03-01 0 days 1,650 sqft
    2021-04-01 0 days 1,617 sqft
    2021-05-01 0 days 1,650 sqft
    2021-06-01 0 days 1,739 sqft
    2021-07-01 0 days 1,888 sqft
    2021-08-01 0 days 1,829 sqft
    2021-09-01 0 days 1,730 sqft
    2021-10-01 0 days 1,715 sqft
    2021-11-01 0 days 1,711 sqft
    2021-12-01 0 days 1,697 sqft
    2022-01-01 0 days 1,688 sqft
    2022-02-01 0 days 1,672 sqft
    2022-03-01 0 days 1,715 sqft
    2022-04-01 0 days 1,750 sqft
    2022-05-01 0 days 1,747 sqft
    2022-06-01 0 days 1,618 sqft
    2022-07-01 0 days 1,558 sqft
    2022-08-01 0 days 1,644 sqft
    2022-09-01 0 days 1,604 sqft
    2022-10-01 0 days 1,605 sqft
    2022-11-01 0 days 1,658 sqft
    2022-12-01 0 days 1,631 sqft
    2023-01-01 0 days 1,606 sqft
    2023-02-01 0 days 1,614 sqft
    2023-03-01 0 days 1,640 sqft
    2023-04-01 0 days 1,546 sqft
    2023-05-01 0 days 1,520 sqft
    2023-06-01 0 days 1,567 sqft
    2023-07-01 0 days 1,580 sqft
    2023-08-01 0 days 1,592 sqft
    2023-09-01 0 days 1,483 sqft
    2023-10-01 0 days 1,515 sqft
    2023-11-01 0 days 1,513 sqft
    2023-12-01 0 days 1,512 sqft
    2024-01-01 0 days 1,518 sqft
    2024-02-01 0 days 1,468 sqft
    2024-03-01 0 days 1,408 sqft
    Branson's median listing age (time on market) for 2024-03-01 was 0 days.

    Branson's median square footage for active listings during the 2024-03-01 period was 1,408 sqft. One year prior, the average listing was 1,640 sqft.