Coeur D'alene USDA Loans

COEUR D'ALENE, 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.

Coeur D'alene's 13 lenders originated 52 USDA loans during 2021. The total origination value was $18,740,000, with an average USDA loan value of $360,385.

Coeur D'alene USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Coeur D'alene averaged 4.77% for the week of 2022-04-08, compared to the national average (all USDA variants) of 4.884% for the same period.

The average rate for the prior week (2022-04-01) was 4.76% and one month ago for the week of 2022-03-04, the average rate was 3.9%.

The average rate one year ago was 3.09%.

For refis of the same type during the week of 2022-04-08, the average rate was 4.56%.

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

Coeur D'alene USDA Loan Lenders by Rates & Fees

The below table looks at the average fees and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Coeur D'alene level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
Glacier Bank 8 2.64% $11,376
AMERICAN PACIFIC MORTGAGE CORPORATION 3 2.25% $8,710
Willamette Valley Bank 2 2.75% $6,986
CELEBRITY HOME LOANS, LLC 2 3.06% $7,278
Platinum Home Mortgage Corporation 2 2.94% $10,381
Wallick & Volk, Inc. 2 2.63% $9,687
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 2.25% $9,876
HOME POINT FINANCIAL CORPORATION 1 2.75% $6,875
CALIBER HOME LOANS, INC. 1 2.25% $8,011
STEARNS LENDING, LLC 1 3.13% $6,748
Umpqua Bank 1 2.63% $12,376
ENVOY MORTGAGE, LTD 1 2.63% $16,953
Carrington Mortgage Services, LLC 1 2.88% $14,777

The top Coeur D'alene USDA lender as defined by loan originations is Glacier Bank, with 8 USDA loans originated. Their average total fees are $11,376, which is $2,666 higher than the next largest lender, AMERICAN PACIFIC MORTGAGE CORPORATION.

The lowest fee Coeur D'alene USDA lenders (with over 10 loans originated) are .

The lowest rate Coeur D'alene USDA lenders (with over 10 loans originated) are .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Coeur D'alene (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 $388,000 (18.7%) $672,507 (18.4%) 1.43 992
2018-02-01 $399,000 (24.4%) $672,578 (21.4%) 1.44 996
2018-03-01 $385,000 (18.6%) $670,097 (18.2%) 1.33 1,058
2018-04-01 $383,450 (9.6%) $667,027 (11.2%) 1.29 1,189
2018-05-01 $397,000 (10.3%) $687,690 (11.5%) 1.32 1,359
2018-06-01 $399,900 (6.7%) $675,566 (8.1%) 1.33 1,483
2018-07-01 $398,673 (6.3%) $670,402 (8.0%) 1.33 1,552
2018-08-01 $399,995 (4.9%) $676,922 (5.6%) 1.34 1,550
2018-09-01 $399,900 (1.2%) $666,364 (1.1%) 1.34 1,517
2018-10-01 $399,950 (0.8%) $652,117 (-3.3%) 1.34 1,423
2018-11-01 $400,773 (0.4%) $656,296 (-4.8%) 1.34 1,239
2018-12-01 $400,000 (0.0%) $659,963 (-6.7%) 1.37 1,122
2019-01-01 $427,185 (10.1%) $712,901 (6.0%) 1.47 854
2019-02-01 $444,000 (11.3%) $751,109 (11.7%) 1.49 783
2019-03-01 $439,229 (14.1%) $743,620 (11.0%) 1.43 812
2019-04-01 $431,729 (12.6%) $722,110 (8.3%) 1.36 914
2019-05-01 $465,000 (17.1%) $739,513 (7.5%) 1.43 1,025
2019-06-01 $469,900 (17.5%) $736,727 (9.1%) 1.45 1,121
2019-07-01 $469,450 (17.8%) $739,013 (10.2%) 1.46 1,207
2019-08-01 $474,900 (18.7%) $740,709 (9.4%) 1.49 1,188
2019-09-01 $476,200 (19.1%) $739,940 (11.0%) 1.51 1,144
2019-10-01 $450,650 (12.7%) $715,264 (9.7%) 1.44 1,084
2019-11-01 $449,000 (12.0%) $693,428 (5.7%) 1.45 912
2019-12-01 $449,375 (12.3%) $690,726 (4.7%) 1.50 787
2020-01-01 $452,202 (5.9%) $725,704 (1.8%) 1.51 649
2020-02-01 $469,500 (5.7%) $769,664 (2.5%) 1.52 564
2020-03-01 $452,202 (3.0%) $744,837 (0.2%) 1.41 650
2020-04-01 $440,675 (2.1%) $692,323 (-4.1%) 1.37 840
2020-05-01 $449,900 (-3.3%) $691,824 (-6.5%) 1.36 958
2020-06-01 $482,000 (2.6%) $734,758 (-0.3%) 1.41 958
2020-07-01 $479,700 (2.2%) $789,444 (6.8%) 1.37 880
2020-08-01 $490,000 (3.2%) $868,338 (17.2%) 1.40 739
2020-09-01 $499,949 (5.0%) $990,537 (33.9%) 1.43 607
2020-10-01 $526,600 (16.9%) $1,145,309 (60.1%) 1.50 473
2020-11-01 $549,444 (22.4%) $1,191,690 (71.9%) 1.57 281
2020-12-01 $732,500 (63.0%) $1,578,009 (128.5%) 2.15 172
2021-01-01 $750,000 (65.9%) $1,581,657 (118.0%) 2.21 148
2021-02-01 $694,950 (48.0%) $1,509,483 (96.1%) 2.00 203
2021-03-01 $677,000 (49.7%) $1,333,731 (79.1%) 1.90 297
2021-04-01 $825,000 (87.2%) $1,506,856 (117.7%) 2.22 314
2021-05-01 $849,000 (88.7%) $1,544,147 (123.2%) 2.23 362
2021-06-01 $832,000 (72.6%) $1,548,945 (110.8%) 2.16 427
2021-07-01 $784,950 (63.6%) $1,449,170 (83.6%) 2.04 532
2021-08-01 $748,250 (52.7%) $1,246,696 (43.6%) 1.97 596
2021-09-01 $749,450 (49.9%) $1,291,997 (30.4%) 1.97 593
2021-10-01 $713,400 (35.5%) $2,195,440 (91.7%) 1.88 557
2021-11-01 $789,500 (43.7%) $1,402,676 (17.7%) 2.08 391
2021-12-01 $842,450 (15.0%) $1,482,503 (-6.1%) 2.25 313
2022-01-01 $858,150 (14.4%) $1,550,502 (-2.0%) 2.29 202
2022-02-01 $989,375 (42.4%) $1,751,103 (16.0%) 2.52 184
2022-03-01 $1,007,891 (48.9%) $1,805,419 (35.4%) 2.49 237
Coeur D'alene's median listing price for 2022-03-01 was $1,007,891, a difference of $330,891 (48.9%) versus the prior year and $18,516 versus the prior month.

Coeur D'alene's median listing price comes in at 249% of the national average.

Coeur D'alene's average listing price for 2022-03-01 was $1,805,419, a difference of $471,688 (35.4%) versus the prior year and $54,316 versus the prior month.

For the 2022-03-01 period, Coeur D'alene had 237 MLS listings, a difference of 53 listings (29%) versus the prior month and -60 listings (-20%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Coeur D'alene (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 101 days 2,266 sqft
2018-02-01 85 days 2,251 sqft
2018-03-01 56 days 2,184 sqft
2018-04-01 43 days 2,215 sqft
2018-05-01 42 days 2,224 sqft
2018-06-01 45 days 2,258 sqft
2018-07-01 52 days 2,254 sqft
2018-08-01 56 days 2,261 sqft
2018-09-01 59 days 2,210 sqft
2018-10-01 69 days 2,183 sqft
2018-11-01 77 days 2,152 sqft
2018-12-01 88 days 2,153 sqft
2019-01-01 89 days 2,193 sqft
2019-02-01 87 days 2,217 sqft
2019-03-01 57 days 2,169 sqft
2019-04-01 40 days 2,151 sqft
2019-05-01 41 days 2,236 sqft
2019-06-01 46 days 2,310 sqft
2019-07-01 49 days 2,325 sqft
2019-08-01 55 days 2,353 sqft
2019-09-01 61 days 2,344 sqft
2019-10-01 69 days 2,247 sqft
2019-11-01 83 days 2,192 sqft
2019-12-01 87 days 2,204 sqft
2020-01-01 93 days 2,232 sqft
2020-02-01 79 days 2,300 sqft
2020-03-01 28 days 2,209 sqft
2020-04-01 35 days 2,167 sqft
2020-05-01 43 days 2,192 sqft
2020-06-01 42 days 2,236 sqft
2020-07-01 39 days 2,245 sqft
2020-08-01 38 days 2,232 sqft
2020-09-01 38 days 2,230 sqft
2020-10-01 37 days 2,214 sqft
2020-11-01 41 days 2,260 sqft
2020-12-01 50 days 2,357 sqft
2021-01-01 46 days 2,396 sqft
2021-02-01 19 days 2,304 sqft
2021-03-01 16 days 2,276 sqft
2021-04-01 23 days 2,398 sqft
2021-05-01 24 days 2,388 sqft
2021-06-01 24 days 2,400 sqft
2021-07-01 27 days 2,303 sqft
2021-08-01 31 days 2,263 sqft
2021-09-01 35 days 2,292 sqft
2021-10-01 42 days 2,288 sqft
2021-11-01 55 days 2,311 sqft
2021-12-01 65 days 2,328 sqft
2022-01-01 60 days 2,356 sqft
2022-02-01 29 days 2,390 sqft
2022-03-01 26 days 2,445 sqft
Coeur D'alene's median listing age (time on market) for 2022-03-01 was 26 days. This is 63% longer than the same period one year ago.

Coeur D'alene's median square footage for active listings during the 2022-03-01 period was 2,445 sqft. One year prior, the average listing was 2,276 sqft.