Dickinson USDA Loan Rates, Closing Costs & Stats

Dickinson, ND

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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.

    Dickinson's 10 lenders originated 38 USDA loans during 2023. The total origination value was $7,830,000, with an average USDA loan value of $206,053.

    Dickinson USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Dickinson averaged -0.28% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

    Dickinson's average USDA mortgage closing costs are $6,615.

    The average rate for the prior week (2024-11-08) was 6.08% and one month ago for the week of 2024-10-11, the average rate was 5.84%.

    The average rate one year ago was 7.17%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0%.

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

    Dickinson 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 Dickinson level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Bank of England 8 6.36% $6,071
    Dakota Community Bank & Trust 7 5.77% $8,080
    WESTERN COOPERATIVE CREDIT UNION 7 5.92% $7,990
    American Bank Center 5 5.66% $7,001
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 5.93% $7,696
    Dacotah Bank 2 5.80% $4,841
    FIRST COLONY MORTGAGE CORPORATION 2 6.56% $3,067
    NEWREZ LLC 1 7.25% $5,205
    Unify Home Lending Inc. 1 6.75% $2,836
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.50% $7,069

    The top Dickinson USDA lender as defined by loan originations is Bank of England, with 8 USDA loans originated. Their average total fees are $6,071, which is $2,010 lower than the next largest lender, Dakota Community Bank & Trust.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Dickinson (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 $225,725 (2.6%) $245,413 (3.0%) 0.00 237
    2018-02-01 $229,450 (4.1%) $250,021 (4.9%) 0.00 237
    2018-03-01 $233,000 (2.0%) $253,765 (3.3%) 0.00 235
    2018-04-01 $239,675 (2.0%) $260,594 (2.6%) 0.00 244
    2018-05-01 $239,900 (1.4%) $268,671 (3.7%) 0.00 261
    2018-06-01 $249,000 (3.8%) $273,510 (4.2%) 0.00 284
    2018-07-01 $240,450 (0.4%) $269,846 (4.5%) 0.00 289
    2018-08-01 $235,000 (0.6%) $269,475 (5.5%) 0.00 284
    2018-09-01 $229,900 (1.3%) $261,750 (3.2%) 0.00 281
    2018-10-01 $224,000 (-0.4%) $251,772 (0.8%) 0.00 278
    2018-11-01 $225,000 (2.3%) $249,615 (3.3%) 0.00 261
    2018-12-01 $239,999 (6.7%) $260,256 (7.6%) 0.00 241
    2019-01-01 $243,750 (8.0%) $273,967 (11.6%) 0.00 204
    2019-02-01 $249,000 (8.5%) $277,472 (11.0%) 0.00 188
    2019-03-01 $255,643 (9.7%) $280,863 (10.7%) 0.00 168
    2019-04-01 $266,750 (11.3%) $290,876 (11.6%) 0.00 158
    2019-05-01 $271,225 (13.1%) $292,475 (8.9%) 0.00 181
    2019-06-01 $277,450 (11.4%) $307,078 (12.3%) 0.00 191
    2019-07-01 $271,950 (13.1%) $306,188 (13.5%) 0.00 196
    2019-08-01 $266,273 (13.3%) $306,364 (13.7%) 0.00 197
    2019-09-01 $262,182 (14.0%) $300,519 (14.8%) 0.00 193
    2019-10-01 $254,500 (13.6%) $296,623 (17.8%) 0.00 187
    2019-11-01 $243,250 (8.1%) $278,168 (11.4%) 0.00 177
    2019-12-01 $239,900 (0.0%) $275,819 (6.0%) 0.00 166
    2020-01-01 $244,000 (0.1%) $278,108 (1.5%) 0.00 146
    2020-02-01 $238,000 (-4.4%) $280,510 (1.1%) 0.00 125
    2020-03-01 $246,000 (-3.8%) $283,001 (0.8%) 0.00 122
    2020-04-01 $244,475 (-8.4%) $282,997 (-2.7%) 0.00 148
    2020-05-01 $246,400 (-9.2%) $278,273 (-4.9%) 0.00 180
    2020-06-01 $246,800 (-11.1%) $286,684 (-6.6%) 0.00 180
    2020-07-01 $244,925 (-9.9%) $285,048 (-6.9%) 0.00 177
    2020-08-01 $245,000 (-8.0%) $290,134 (-5.3%) 0.00 184
    2020-09-01 $244,950 (-6.6%) $287,581 (-4.3%) 0.00 187
    2020-10-01 $244,900 (-3.8%) $277,565 (-6.4%) 0.00 185
    2020-11-01 $248,450 (2.1%) $276,655 (-0.5%) 0.00 179
    2020-12-01 $244,900 (2.1%) $275,608 (-0.1%) 0.00 174
    2021-01-01 $242,450 (-0.6%) $273,037 (-1.8%) 0.00 161
    2021-02-01 $240,000 (0.8%) $264,281 (-5.8%) 0.00 163
    2021-03-01 $240,000 (-2.4%) $273,992 (-3.2%) 0.00 148
    2021-04-01 $230,000 (-5.9%) $250,759 (-11.4%) 0.00 183
    2021-05-01 $234,950 (-4.7%) $260,293 (-6.5%) 0.00 163
    2021-06-01 $233,750 (-5.3%) $262,929 (-8.3%) 0.00 160
    2021-07-01 $239,950 (-2.0%) $260,984 (-8.4%) 0.00 174
    2021-08-01 $239,975 (-2.1%) $260,135 (-10.3%) 0.00 163
    2021-09-01 $239,975 (-2.0%) $255,024 (-11.3%) 0.00 163
    2021-10-01 $244,950 (0.0%) $251,493 (-9.4%) 0.00 162
    2021-11-01 $237,500 (-4.4%) $251,992 (-8.9%) 0.00 155
    2021-12-01 $214,900 (-12.3%) $236,345 (-14.3%) 0.00 137
    2022-01-01 $210,000 (-13.4%) $224,834 (-17.7%) 0.00 102
    2022-02-01 $218,700 (-8.9%) $233,628 (-11.6%) 0.00 103
    2022-03-01 $245,000 (2.1%) $257,310 (-6.1%) 0.00 88
    2022-04-01 $249,900 (8.7%) $267,382 (6.6%) 0.00 77
    2022-05-01 $271,800 (15.7%) $311,748 (19.8%) 0.00 90
    2022-06-01 $297,450 (27.3%) $329,674 (25.4%) 0.00 110
    2022-07-01 $295,000 (22.9%) $335,111 (28.4%) 0.00 119
    2022-08-01 $269,725 (12.4%) $319,281 (22.7%) 0.00 134
    2022-09-01 $269,000 (12.1%) $317,881 (24.7%) 0.00 146
    2022-10-01 $267,500 (9.2%) $313,770 (24.8%) 0.00 156
    2022-11-01 $260,725 (9.8%) $311,503 (23.6%) 0.00 150
    2022-12-01 $265,500 (23.6%) $302,323 (27.9%) 0.00 138
    2023-01-01 $256,000 (21.9%) $301,068 (33.9%) 0.00 127
    2023-02-01 $252,000 (15.2%) $306,859 (31.4%) 0.00 97
    2023-03-01 $265,250 (8.3%) $322,498 (25.3%) 0.00 92
    2023-04-01 $255,000 (2.0%) $323,277 (20.9%) 0.00 91
    2023-05-01 $274,975 (1.2%) $319,552 (2.5%) 0.00 97
    2023-06-01 $273,675 (-8.0%) $325,553 (-1.3%) 0.00 96
    2023-07-01 $269,900 (-8.5%) $326,802 (-2.5%) 0.00 98
    2023-08-01 $297,000 (10.1%) $339,007 (6.2%) 0.00 104
    2023-09-01 $289,900 (7.8%) $322,546 (1.5%) 0.00 99
    2023-10-01 $285,400 (6.7%) $322,318 (2.7%) 0.00 90
    2023-11-01 $262,000 (0.5%) $302,710 (-2.8%) 0.00 84
    2023-12-01 $259,450 (-2.3%) $301,831 (-0.2%) 0.00 81
    2024-01-01 $311,175 (21.6%) $321,608 (6.8%) 0.00 71
    2024-02-01 $279,000 (10.7%) $312,617 (1.9%) 0.00 63
    2024-03-01 $307,450 (15.9%) $346,273 (7.4%) 0.00 54
    2024-04-01 $379,225 (48.7%) $369,379 (14.3%) 0.00 57
    2024-05-01 $396,125 (44.1%) $426,537 (33.5%) 0.00 56
    2024-06-01 $387,450 (41.6%) $429,453 (31.9%) 0.00 67
    2024-07-01 $380,500 (41.0%) $418,093 (27.9%) 0.00 75
    2024-08-01 $332,500 (12.0%) $373,849 (10.3%) 0.00 81
    2024-09-01 $320,000 (10.4%) $347,330 (7.7%) 0.00 86
    2024-10-01 $304,950 (6.9%) $373,277 (15.8%) 0.00 89
    Dickinson's median listing price for 2024-10-01 was $304,950, a difference of $19,550 (6.9%) versus the prior year and $-15,050 versus the prior month.

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

    Dickinson's average listing price for 2024-10-01 was $373,277, a difference of $50,959 (15.8%) versus the prior year and $25,947 versus the prior month.

    For the 2024-10-01 period, Dickinson had 89 MLS listings, a difference of 3 listings (3%) versus the prior month and -1 listings (-1%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Dickinson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,228 sqft
    2018-02-01 0 days 2,223 sqft
    2018-03-01 0 days 2,202 sqft
    2018-04-01 0 days 2,288 sqft
    2018-05-01 0 days 2,304 sqft
    2018-06-01 0 days 2,296 sqft
    2018-07-01 0 days 2,254 sqft
    2018-08-01 0 days 2,204 sqft
    2018-09-01 0 days 2,219 sqft
    2018-10-01 0 days 2,140 sqft
    2018-11-01 0 days 2,126 sqft
    2018-12-01 0 days 2,244 sqft
    2019-01-01 0 days 2,234 sqft
    2019-02-01 0 days 2,224 sqft
    2019-03-01 0 days 2,232 sqft
    2019-04-01 0 days 2,260 sqft
    2019-05-01 0 days 2,393 sqft
    2019-06-01 0 days 2,472 sqft
    2019-07-01 0 days 2,449 sqft
    2019-08-01 0 days 2,417 sqft
    2019-09-01 0 days 2,399 sqft
    2019-10-01 0 days 2,381 sqft
    2019-11-01 0 days 2,352 sqft
    2019-12-01 0 days 2,258 sqft
    2020-01-01 0 days 2,276 sqft
    2020-02-01 0 days 2,225 sqft
    2020-03-01 0 days 2,237 sqft
    2020-04-01 0 days 2,215 sqft
    2020-05-01 0 days 2,211 sqft
    2020-06-01 0 days 2,214 sqft
    2020-07-01 0 days 2,176 sqft
    2020-08-01 0 days 2,176 sqft
    2020-09-01 0 days 2,208 sqft
    2020-10-01 0 days 2,164 sqft
    2020-11-01 0 days 2,145 sqft
    2020-12-01 0 days 2,111 sqft
    2021-01-01 0 days 2,120 sqft
    2021-02-01 0 days 2,073 sqft
    2021-03-01 0 days 2,082 sqft
    2021-04-01 0 days 2,023 sqft
    2021-05-01 0 days 2,054 sqft
    2021-06-01 0 days 2,044 sqft
    2021-07-01 0 days 2,080 sqft
    2021-08-01 0 days 2,076 sqft
    2021-09-01 0 days 2,003 sqft
    2021-10-01 0 days 2,080 sqft
    2021-11-01 0 days 2,093 sqft
    2021-12-01 0 days 2,030 sqft
    2022-01-01 0 days 1,923 sqft
    2022-02-01 0 days 2,119 sqft
    2022-03-01 0 days 2,198 sqft
    2022-04-01 0 days 2,220 sqft
    2022-05-01 0 days 2,329 sqft
    2022-06-01 0 days 2,420 sqft
    2022-07-01 0 days 2,469 sqft
    2022-08-01 0 days 2,343 sqft
    2022-09-01 0 days 2,285 sqft
    2022-10-01 0 days 2,212 sqft
    2022-11-01 0 days 2,168 sqft
    2022-12-01 0 days 2,167 sqft
    2023-01-01 0 days 2,164 sqft
    2023-02-01 0 days 2,078 sqft
    2023-03-01 0 days 2,080 sqft
    2023-04-01 0 days 2,155 sqft
    2023-05-01 0 days 2,169 sqft
    2023-06-01 0 days 2,187 sqft
    2023-07-01 0 days 2,204 sqft
    2023-08-01 0 days 2,280 sqft
    2023-09-01 0 days 2,340 sqft
    2023-10-01 0 days 2,256 sqft
    2023-11-01 0 days 2,046 sqft
    2023-12-01 0 days 2,064 sqft
    2024-01-01 0 days 2,169 sqft
    2024-02-01 0 days 2,200 sqft
    2024-03-01 0 days 2,277 sqft
    2024-04-01 0 days 2,237 sqft
    2024-05-01 0 days 2,299 sqft
    2024-06-01 0 days 2,298 sqft
    2024-07-01 0 days 2,348 sqft
    2024-08-01 0 days 2,149 sqft
    2024-09-01 0 days 2,122 sqft
    2024-10-01 0 days 2,064 sqft
    Dickinson's median listing age (time on market) for 2024-10-01 was 0 days.

    Dickinson's median square footage for active listings during the 2024-10-01 period was 2,064 sqft. One year prior, the average listing was 2,256 sqft.