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%.

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

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. Louis
Date 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 for 2024-10-01 was $180,150, a difference of $11,480 (6.8%) versus the prior year and $-13,350 versus the prior month.

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. Louis
Date 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 listing age (time on market) for 2024-10-01 was 0 days.

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.