Dickinson USDA Loan Rates, Closing Costs & Stats
Dickinson, ND
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
6.49%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Dickinson's average USDA mortgage closing costs are $6,615.
The average rate for the prior week (2024-04-12) was
6.54% and
one month ago for the week of 2024-03-15, the
average rate was 6.62%.
The average rate one year ago was 6.06%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.66%.
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 |
Dickinson's median listing price comes in at 0% of the national average.
Dickinson's average listing price for 2024-03-01 was $346,273, a difference of $23,775 (7.4%) versus the prior year and $33,656 versus the prior month.
For the 2024-03-01 period, Dickinson had 54 MLS listings, a difference of -9 listings (-14%) versus the prior month and -38 listings (-41%) 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 |
Dickinson's median square footage for active listings during the 2024-03-01 period was 2,277 sqft. One year prior, the average listing was 2,080 sqft.