Clinton USDA Loan Rates, Closing Costs & Stats
Clinton, IA
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.
Clinton's 2 lenders originated 3 USDA loans during 2023. The total origination value was $515,000, with an average USDA loan value of $171,667.
Clinton USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Clinton
averaged
-0.08%
for the week of 2024-11-29, compared to the national average (all USDA variants) of
0% for the same period.
Clinton's average USDA mortgage closing costs are $4,035.
The average rate for the prior week (2024-11-22) was
6.72% and
one month ago for the week of 2024-10-25, the
average rate was 6.52%.
The average rate one year ago was 6.92%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0%.
Clinton 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 Clinton level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
BROKER SOLUTIONS, INC. | 2 | 6.12% | $5,534 |
GUILD MORTGAGE COMPANY | 1 | 6.50% | $7,473 |
The top Clinton USDA lender as defined by loan originations is BROKER SOLUTIONS, INC., with
2 USDA loans originated. Their average total fees are
$5,534, which is $1,939
lower than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee Clinton USDA lenders (with over 10 loans originated) are
.
The lowest rate Clinton USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Clinton (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 | $85,000 (-3.5%) | $111,817 (0.5%) | 0.00 | 214 |
2018-02-01 | $84,975 (0.0%) | $108,340 (0.0%) | 0.00 | 218 |
2018-03-01 | $85,000 (0.1%) | $109,243 (1.9%) | 0.00 | 207 |
2018-04-01 | $83,475 (4.5%) | $109,863 (5.8%) | 0.00 | 221 |
2018-05-01 | $82,500 (3.3%) | $115,253 (8.5%) | 0.00 | 233 |
2018-06-01 | $79,900 (0.0%) | $113,562 (8.1%) | 0.00 | 224 |
2018-07-01 | $88,625 (10.8%) | $127,417 (15.1%) | 0.00 | 232 |
2018-08-01 | $89,900 (12.5%) | $121,559 (7.6%) | 0.00 | 240 |
2018-09-01 | $89,900 (12.5%) | $120,900 (7.2%) | 0.00 | 224 |
2018-10-01 | $84,425 (5.6%) | $120,141 (5.7%) | 0.00 | 213 |
2018-11-01 | $85,000 (3.9%) | $123,865 (9.0%) | 0.00 | 210 |
2018-12-01 | $89,900 (5.8%) | $129,470 (12.2%) | 0.00 | 190 |
2019-01-01 | $89,925 (5.8%) | $130,200 (16.4%) | 0.00 | 185 |
2019-02-01 | $87,250 (2.7%) | $128,401 (18.5%) | 0.00 | 170 |
2019-03-01 | $96,021 (13.0%) | $130,849 (19.8%) | 0.00 | 168 |
2019-04-01 | $107,771 (29.1%) | $132,412 (20.5%) | 0.00 | 168 |
2019-05-01 | $81,000 (-1.8%) | $115,732 (0.4%) | 0.00 | 186 |
2019-06-01 | $79,900 (0.0%) | $112,880 (-0.6%) | 0.00 | 205 |
2019-07-01 | $81,300 (-8.3%) | $114,950 (-9.8%) | 0.00 | 211 |
2019-08-01 | $81,973 (-8.8%) | $118,150 (-2.8%) | 0.00 | 224 |
2019-09-01 | $85,082 (-5.4%) | $117,239 (-3.0%) | 0.00 | 232 |
2019-10-01 | $85,855 (1.7%) | $116,631 (-2.9%) | 0.00 | 233 |
2019-11-01 | $81,500 (-4.1%) | $118,057 (-4.7%) | 0.00 | 221 |
2019-12-01 | $81,900 (-8.9%) | $116,603 (-9.9%) | 0.00 | 194 |
2020-01-01 | $75,200 (-16.4%) | $110,055 (-15.5%) | 0.00 | 176 |
2020-02-01 | $79,900 (-8.4%) | $119,729 (-6.8%) | 0.00 | 165 |
2020-03-01 | $74,800 (-22.1%) | $118,955 (-9.1%) | 0.00 | 170 |
2020-04-01 | $73,700 (-31.6%) | $118,647 (-10.4%) | 0.00 | 177 |
2020-05-01 | $74,900 (-7.5%) | $123,162 (6.4%) | 0.00 | 172 |
2020-06-01 | $80,250 (0.4%) | $131,873 (16.8%) | 0.00 | 171 |
2020-07-01 | $76,950 (-5.4%) | $128,141 (11.5%) | 0.00 | 158 |
2020-08-01 | $75,000 (-8.5%) | $115,102 (-2.6%) | 0.00 | 151 |
2020-09-01 | $78,475 (-7.8%) | $115,620 (-1.4%) | 0.00 | 139 |
2020-10-01 | $79,900 (-6.9%) | $113,341 (-2.8%) | 0.00 | 142 |
2020-11-01 | $78,625 (-3.5%) | $113,311 (-4.0%) | 0.00 | 142 |
2020-12-01 | $78,250 (-4.5%) | $105,457 (-9.6%) | 0.00 | 135 |
2021-01-01 | $71,950 (-4.3%) | $102,186 (-7.2%) | 0.00 | 124 |
2021-02-01 | $68,125 (-14.7%) | $107,038 (-10.6%) | 0.00 | 114 |
2021-03-01 | $60,625 (-19.0%) | $97,544 (-18.0%) | 0.00 | 91 |
2021-04-01 | $62,500 (-15.2%) | $100,926 (-14.9%) | 0.00 | 68 |
2021-05-01 | $62,500 (-16.6%) | $88,768 (-27.9%) | 0.00 | 62 |
2021-06-01 | $74,900 (-6.7%) | $114,954 (-12.8%) | 0.00 | 79 |
2021-07-01 | $79,900 (3.8%) | $127,056 (-0.9%) | 0.00 | 86 |
2021-08-01 | $83,975 (12.0%) | $130,889 (13.7%) | 0.00 | 87 |
2021-09-01 | $99,675 (27.0%) | $151,431 (31.0%) | 0.00 | 91 |
2021-10-01 | $98,900 (23.8%) | $150,059 (32.4%) | 0.00 | 102 |
2021-11-01 | $119,600 (52.1%) | $182,405 (61.0%) | 0.00 | 111 |
2021-12-01 | $129,225 (65.1%) | $189,963 (80.1%) | 0.00 | 107 |
2022-01-01 | $127,350 (77.0%) | $193,656 (89.5%) | 0.00 | 93 |
2022-02-01 | $114,700 (68.4%) | $191,489 (78.9%) | 0.00 | 89 |
2022-03-01 | $137,425 (126.7%) | $201,796 (106.9%) | 0.00 | 83 |
2022-04-01 | $155,450 (148.7%) | $211,343 (109.4%) | 0.00 | 73 |
2022-05-01 | $143,700 (129.9%) | $216,848 (144.3%) | 0.00 | 77 |
2022-06-01 | $151,400 (102.1%) | $216,461 (88.3%) | 0.00 | 90 |
2022-07-01 | $169,900 (112.6%) | $225,897 (77.8%) | 0.00 | 114 |
2022-08-01 | $165,950 (97.6%) | $226,287 (72.9%) | 0.00 | 119 |
2022-09-01 | $175,500 (76.1%) | $229,866 (51.8%) | 0.00 | 130 |
2022-10-01 | $164,950 (66.8%) | $220,645 (47.0%) | 0.00 | 135 |
2022-11-01 | $159,925 (33.7%) | $221,500 (21.4%) | 0.00 | 131 |
2022-12-01 | $169,900 (31.5%) | $218,574 (15.1%) | 0.00 | 120 |
2023-01-01 | $170,650 (34.0%) | $223,233 (15.3%) | 0.00 | 104 |
2023-02-01 | $185,700 (61.9%) | $226,432 (18.3%) | 0.00 | 97 |
2023-03-01 | $220,000 (60.1%) | $235,215 (16.6%) | 0.00 | 90 |
2023-04-01 | $274,900 (76.8%) | $261,651 (23.8%) | 0.00 | 72 |
2023-05-01 | $257,400 (79.1%) | $255,595 (17.9%) | 0.00 | 79 |
2023-06-01 | $224,750 (48.5%) | $243,383 (12.4%) | 0.00 | 89 |
2023-07-01 | $234,900 (38.3%) | $243,819 (7.9%) | 0.00 | 100 |
2023-08-01 | $207,400 (25.0%) | $237,770 (5.1%) | 0.00 | 109 |
2023-09-01 | $199,450 (13.7%) | $231,337 (0.6%) | 0.00 | 107 |
2023-10-01 | $168,670 (2.3%) | $217,068 (-1.6%) | 0.00 | 117 |
2023-11-01 | $176,200 (10.2%) | $225,048 (1.6%) | 0.00 | 120 |
2023-12-01 | $184,900 (8.8%) | $229,103 (4.8%) | 0.00 | 114 |
2024-01-01 | $212,450 (24.5%) | $247,153 (10.7%) | 0.00 | 101 |
2024-02-01 | $225,250 (21.3%) | $251,493 (11.1%) | 0.00 | 96 |
2024-03-01 | $224,900 (2.2%) | $256,435 (9.0%) | 0.00 | 88 |
2024-04-01 | $226,225 (-17.7%) | $259,375 (-0.9%) | 0.00 | 90 |
2024-05-01 | $237,400 (-7.8%) | $271,286 (6.1%) | 0.00 | 98 |
2024-06-01 | $229,900 (2.3%) | $278,759 (14.5%) | 0.00 | 98 |
2024-07-01 | $219,617 (-6.5%) | $265,686 (9.0%) | 0.00 | 114 |
2024-08-01 | $209,900 (1.2%) | $262,145 (10.3%) | 0.00 | 122 |
2024-09-01 | $193,500 (-3.0%) | $243,892 (5.4%) | 0.00 | 122 |
2024-10-01 | $180,150 (6.8%) | $234,122 (7.9%) | 0.00 | 131 |
Clinton's median listing price comes in at 0% of the national average.
Clinton's average listing price for 2024-10-01 was $234,122, a difference of $17,054 (7.9%) versus the prior year and $-9,770 versus the prior month.
For the 2024-10-01 period, Clinton had 131 MLS listings, a difference of 9 listings (7%) versus the prior month and 14 listings (12%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Clinton (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,482 sqft |
2018-02-01 | 0 days | 1,454 sqft |
2018-03-01 | 0 days | 1,497 sqft |
2018-04-01 | 0 days | 1,448 sqft |
2018-05-01 | 0 days | 1,460 sqft |
2018-06-01 | 0 days | 1,478 sqft |
2018-07-01 | 0 days | 1,488 sqft |
2018-08-01 | 0 days | 1,458 sqft |
2018-09-01 | 0 days | 1,460 sqft |
2018-10-01 | 0 days | 1,458 sqft |
2018-11-01 | 0 days | 1,478 sqft |
2018-12-01 | 0 days | 1,467 sqft |
2019-01-01 | 0 days | 1,456 sqft |
2019-02-01 | 0 days | 1,450 sqft |
2019-03-01 | 0 days | 1,425 sqft |
2019-04-01 | 0 days | 1,445 sqft |
2019-05-01 | 0 days | 1,329 sqft |
2019-06-01 | 0 days | 1,330 sqft |
2019-07-01 | 0 days | 1,428 sqft |
2019-08-01 | 0 days | 1,439 sqft |
2019-09-01 | 0 days | 1,460 sqft |
2019-10-01 | 0 days | 1,476 sqft |
2019-11-01 | 0 days | 1,476 sqft |
2019-12-01 | 0 days | 1,461 sqft |
2020-01-01 | 0 days | 1,408 sqft |
2020-02-01 | 0 days | 1,442 sqft |
2020-03-01 | 0 days | 1,408 sqft |
2020-04-01 | 0 days | 1,408 sqft |
2020-05-01 | 0 days | 1,442 sqft |
2020-06-01 | 0 days | 1,479 sqft |
2020-07-01 | 0 days | 1,479 sqft |
2020-08-01 | 0 days | 1,476 sqft |
2020-09-01 | 0 days | 1,476 sqft |
2020-10-01 | 0 days | 1,476 sqft |
2020-11-01 | 0 days | 1,468 sqft |
2020-12-01 | 0 days | 1,476 sqft |
2021-01-01 | 0 days | 1,476 sqft |
2021-02-01 | 0 days | 1,469 sqft |
2021-03-01 | 0 days | 1,401 sqft |
2021-04-01 | 0 days | 1,380 sqft |
2021-05-01 | 0 days | 1,382 sqft |
2021-06-01 | 0 days | 1,482 sqft |
2021-07-01 | 0 days | 1,544 sqft |
2021-08-01 | 0 days | 1,525 sqft |
2021-09-01 | 0 days | 1,598 sqft |
2021-10-01 | 0 days | 1,546 sqft |
2021-11-01 | 0 days | 1,582 sqft |
2021-12-01 | 0 days | 1,582 sqft |
2022-01-01 | 0 days | 1,582 sqft |
2022-02-01 | 0 days | 1,581 sqft |
2022-03-01 | 0 days | 1,582 sqft |
2022-04-01 | 0 days | 1,569 sqft |
2022-05-01 | 0 days | 1,582 sqft |
2022-06-01 | 0 days | 1,582 sqft |
2022-07-01 | 0 days | 1,582 sqft |
2022-08-01 | 0 days | 1,582 sqft |
2022-09-01 | 0 days | 1,582 sqft |
2022-10-01 | 0 days | 1,582 sqft |
2022-11-01 | 0 days | 1,582 sqft |
2022-12-01 | 0 days | 1,582 sqft |
2023-01-01 | 0 days | 1,582 sqft |
2023-02-01 | 0 days | 1,582 sqft |
2023-03-01 | 0 days | 1,582 sqft |
2023-04-01 | 0 days | 1,582 sqft |
2023-05-01 | 0 days | 1,582 sqft |
2023-06-01 | 0 days | 1,582 sqft |
2023-07-01 | 0 days | 1,582 sqft |
2023-08-01 | 0 days | 1,582 sqft |
2023-09-01 | 0 days | 1,582 sqft |
2023-10-01 | 0 days | 1,582 sqft |
2023-11-01 | 0 days | 1,582 sqft |
2023-12-01 | 0 days | 1,582 sqft |
2024-01-01 | 0 days | 1,610 sqft |
2024-02-01 | 0 days | 1,648 sqft |
2024-03-01 | 0 days | 1,715 sqft |
2024-04-01 | 0 days | 1,729 sqft |
2024-05-01 | 0 days | 1,812 sqft |
2024-06-01 | 0 days | 1,827 sqft |
2024-07-01 | 0 days | 1,812 sqft |
2024-08-01 | 0 days | 1,740 sqft |
2024-09-01 | 0 days | 1,710 sqft |
2024-10-01 | 0 days | 1,669 sqft |
Clinton's median square footage for active listings during the 2024-10-01 period was 1,669 sqft. One year prior, the average listing was 1,582 sqft.