Dodge City USDA Loan Rates, Closing Costs & Stats
Dodge City, KS
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.
Dodge City's 7 lenders originated 20 USDA loans during 2023. The total origination value was $3,390,000, with an average USDA loan value of $169,500.
Dodge City USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Dodge City
averaged
6.5%
for the week of 2024-04-12, compared to the national average (all USDA variants) of
6.705% for the same period.
Dodge City's average USDA mortgage closing costs are $3,771.
The average rate for the prior week (2024-04-05) was
6.72% and
one month ago for the week of 2024-03-08, the
average rate was 6.48%.
The average rate one year ago was 6.39%.
For refis of the same type during the week of 2024-04-12, the average rate
was 6.61%.
Dodge City 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 Dodge City level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Landmark National Bank | 14 | 6.35% | $4,390 |
| GOLDEN PLAINS | 1 | 7.38% | $2,842 |
| GERSHMAN INVESTMENT CORP. | 1 | 7.13% | $5,780 |
| Paramount Residential Mortgage Group, Inc. | 1 | 7.13% | $6,579 |
| Prosperity Home Mortgage, LLC | 1 | 6.38% | $6,323 |
| Sunflower Bank | 1 | 6.99% | $6,394 |
| Members Mortgage Services, L.L.C. | 1 | 6.13% | $4,522 |
The top Dodge City USDA lender as defined by loan originations is Landmark National Bank, with
14 USDA loans originated. Their average total fees are
$4,390, which is $1,548
higher than the next largest lender,
GOLDEN PLAINS.
The lowest fee Dodge City USDA lenders (with over 10 loans originated) are
Landmark National Bank ($4,390), .
The lowest rate Dodge City USDA lenders (with over 10 loans originated) are
Landmark National Bank (6.35%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Dodge City (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 | $141,225 (-5.8%) | $159,133 (-6.3%) | 0.00 | 69 |
| 2018-02-01 | $145,000 (-10.6%) | $166,048 (-7.3%) | 0.00 | 79 |
| 2018-03-01 | $149,900 (-7.8%) | $174,922 (-3.2%) | 0.00 | 75 |
| 2018-04-01 | $149,950 (-1.7%) | $177,772 (3.7%) | 0.00 | 83 |
| 2018-05-01 | $152,225 (-2.7%) | $178,087 (1.1%) | 0.00 | 89 |
| 2018-06-01 | $152,000 (-7.1%) | $176,032 (-1.2%) | 0.00 | 87 |
| 2018-07-01 | $163,675 (2.4%) | $179,295 (0.5%) | 0.00 | 81 |
| 2018-08-01 | $167,975 (6.8%) | $179,559 (1.5%) | 0.00 | 76 |
| 2018-09-01 | $156,789 (4.9%) | $173,953 (-0.3%) | 0.00 | 77 |
| 2018-10-01 | $154,800 (2.5%) | $181,380 (4.8%) | 0.00 | 78 |
| 2018-11-01 | $154,750 (3.9%) | $189,713 (10.0%) | 0.00 | 78 |
| 2018-12-01 | $159,900 (10.4%) | $186,023 (9.1%) | 0.00 | 78 |
| 2019-01-01 | $149,925 (6.2%) | $181,867 (14.3%) | 0.00 | 83 |
| 2019-02-01 | $154,925 (6.8%) | $179,956 (8.4%) | 0.00 | 89 |
| 2019-03-01 | $156,021 (4.1%) | $175,596 (0.4%) | 0.00 | 86 |
| 2019-04-01 | $159,675 (6.5%) | $177,533 (-0.1%) | 0.00 | 86 |
| 2019-05-01 | $161,200 (5.9%) | $181,739 (2.1%) | 0.00 | 91 |
| 2019-06-01 | $159,450 (4.9%) | $179,509 (2.0%) | 0.00 | 99 |
| 2019-07-01 | $158,000 (-3.5%) | $178,835 (-0.3%) | 0.00 | 107 |
| 2019-08-01 | $158,464 (-5.7%) | $180,908 (0.8%) | 0.00 | 104 |
| 2019-09-01 | $159,159 (1.5%) | $182,413 (4.9%) | 0.00 | 100 |
| 2019-10-01 | $159,523 (3.1%) | $181,794 (0.2%) | 0.00 | 95 |
| 2019-11-01 | $153,500 (-0.8%) | $177,308 (-6.5%) | 0.00 | 93 |
| 2019-12-01 | $151,500 (-5.3%) | $181,309 (-2.5%) | 0.00 | 81 |
| 2020-01-01 | $150,450 (0.4%) | $170,363 (-6.3%) | 0.00 | 74 |
| 2020-02-01 | $145,400 (-6.2%) | $174,212 (-3.2%) | 0.00 | 66 |
| 2020-03-01 | $159,500 (2.2%) | $186,923 (6.5%) | 0.00 | 48 |
| 2020-04-01 | $165,625 (3.7%) | $190,202 (7.1%) | 0.00 | 43 |
| 2020-05-01 | $142,450 (-11.6%) | $193,546 (6.5%) | 0.00 | 36 |
| 2020-06-01 | $158,225 (-0.8%) | $207,613 (15.7%) | 0.00 | 34 |
| 2020-07-01 | $150,475 (-4.8%) | $208,502 (16.6%) | 0.00 | 32 |
| 2020-08-01 | $139,900 (-11.7%) | $237,719 (31.4%) | 0.00 | 30 |
| 2020-09-01 | $135,950 (-14.6%) | $213,489 (17.0%) | 0.00 | 31 |
| 2020-10-01 | $156,500 (-1.9%) | $217,868 (19.8%) | 0.00 | 27 |
| 2020-11-01 | $141,225 (-8.0%) | $215,267 (21.4%) | 0.00 | 35 |
| 2020-12-01 | $143,675 (-5.2%) | $214,502 (18.3%) | 0.00 | 30 |
| 2021-01-01 | $154,250 (2.5%) | $217,960 (27.9%) | 0.00 | 35 |
| 2021-02-01 | $142,775 (-1.8%) | $210,733 (21.0%) | 0.00 | 28 |
| 2021-03-01 | $128,125 (-19.7%) | $212,461 (13.7%) | 0.00 | 25 |
| 2021-04-01 | $145,725 (-12.0%) | $258,644 (36.0%) | 0.00 | 23 |
| 2021-05-01 | $164,500 (15.5%) | $325,500 (68.2%) | 0.00 | 16 |
| 2021-06-01 | $246,950 (56.1%) | $355,267 (71.1%) | 0.00 | 14 |
| 2021-07-01 | $249,000 (65.5%) | $333,700 (60.1%) | 0.00 | 17 |
| 2021-08-01 | $187,450 (34.0%) | $241,908 (1.8%) | 0.00 | 19 |
| 2021-09-01 | $158,550 (16.6%) | $237,373 (11.2%) | 0.00 | 15 |
| 2021-10-01 | $159,900 (2.2%) | $218,894 (0.5%) | 0.00 | 16 |
| 2021-11-01 | $166,250 (17.7%) | $212,997 (-1.1%) | 0.00 | 15 |
| 2021-12-01 | $159,900 (11.3%) | $215,547 (0.5%) | 0.00 | 14 |
| 2022-01-01 | $142,500 (-7.6%) | $192,700 (-11.6%) | 0.00 | 16 |
| 2022-02-01 | $153,225 (7.3%) | $198,613 (-5.8%) | 0.00 | 17 |
| 2022-03-01 | $156,175 (21.9%) | $205,187 (-3.4%) | 0.00 | 16 |
| 2022-04-01 | $183,900 (26.2%) | $185,159 (-28.4%) | 0.00 | 20 |
| 2022-05-01 | $250,750 (52.4%) | $278,668 (-14.4%) | 0.00 | 20 |
| 2022-06-01 | $303,500 (22.9%) | $289,757 (-18.4%) | 0.00 | 25 |
| 2022-07-01 | $279,000 (12.1%) | $280,326 (-16.0%) | 0.00 | 39 |
| 2022-08-01 | $314,725 (67.9%) | $308,634 (27.6%) | 0.00 | 32 |
| 2022-09-01 | $283,000 (78.5%) | $302,888 (27.6%) | 0.00 | 37 |
| 2022-10-01 | $260,000 (62.6%) | $309,762 (41.5%) | 0.00 | 40 |
| 2022-11-01 | $282,375 (69.9%) | $323,406 (51.8%) | 0.00 | 46 |
| 2022-12-01 | $285,000 (78.2%) | $317,229 (47.2%) | 0.00 | 42 |
| 2023-01-01 | $279,100 (95.9%) | $307,047 (59.3%) | 0.00 | 38 |
| 2023-02-01 | $286,499 (87.0%) | $332,579 (67.5%) | 0.00 | 32 |
| 2023-03-01 | $312,249 (99.9%) | $355,013 (73.0%) | 0.00 | 27 |
| 2023-04-01 | $297,498 (61.8%) | $324,800 (75.4%) | 0.00 | 24 |
| 2023-05-01 | $266,950 (6.5%) | $318,252 (14.2%) | 0.00 | 23 |
| 2023-06-01 | $287,500 (-5.3%) | $320,045 (10.5%) | 0.00 | 32 |
| 2023-07-01 | $294,750 (5.7%) | $335,515 (19.7%) | 0.00 | 32 |
| 2023-08-01 | $309,000 (-1.8%) | $346,752 (12.4%) | 0.00 | 29 |
| 2023-09-01 | $287,450 (1.6%) | $322,482 (6.5%) | 0.00 | 32 |
| 2023-10-01 | $268,750 (3.4%) | $307,268 (-0.8%) | 0.00 | 37 |
| 2023-11-01 | $258,225 (-8.6%) | $290,588 (-10.2%) | 0.00 | 43 |
| 2023-12-01 | $269,950 (-5.3%) | $290,271 (-8.5%) | 0.00 | 39 |
| 2024-01-01 | $284,925 (2.1%) | $314,554 (2.4%) | 0.00 | 38 |
| 2024-02-01 | $298,725 (4.3%) | $317,596 (-4.5%) | 0.00 | 39 |
| 2024-03-01 | $300,000 (-3.9%) | $311,244 (-12.3%) | 0.00 | 45 |
Dodge City's median listing price comes in at 0% of the national average.
Dodge City's average listing price for 2024-03-01 was $311,244, a difference of $-43,769 (-12.3%) versus the prior year and $-6,352 versus the prior month.
For the 2024-03-01 period, Dodge City had 45 MLS listings, a difference of 6 listings (15%) versus the prior month and 18 listings (67%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Dodge City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,458 sqft |
| 2018-02-01 | 0 days | 1,457 sqft |
| 2018-03-01 | 0 days | 1,457 sqft |
| 2018-04-01 | 0 days | 1,432 sqft |
| 2018-05-01 | 0 days | 1,458 sqft |
| 2018-06-01 | 0 days | 1,448 sqft |
| 2018-07-01 | 0 days | 1,450 sqft |
| 2018-08-01 | 0 days | 1,459 sqft |
| 2018-09-01 | 0 days | 1,476 sqft |
| 2018-10-01 | 0 days | 1,471 sqft |
| 2018-11-01 | 0 days | 1,476 sqft |
| 2018-12-01 | 0 days | 1,476 sqft |
| 2019-01-01 | 0 days | 1,472 sqft |
| 2019-02-01 | 0 days | 1,477 sqft |
| 2019-03-01 | 0 days | 1,471 sqft |
| 2019-04-01 | 0 days | 1,480 sqft |
| 2019-05-01 | 0 days | 1,458 sqft |
| 2019-06-01 | 0 days | 1,467 sqft |
| 2019-07-01 | 0 days | 1,431 sqft |
| 2019-08-01 | 0 days | 1,454 sqft |
| 2019-09-01 | 0 days | 1,471 sqft |
| 2019-10-01 | 0 days | 1,462 sqft |
| 2019-11-01 | 0 days | 1,438 sqft |
| 2019-12-01 | 0 days | 1,431 sqft |
| 2020-01-01 | 0 days | 1,437 sqft |
| 2020-02-01 | 0 days | 1,455 sqft |
| 2020-03-01 | 0 days | 1,468 sqft |
| 2020-04-01 | 0 days | 1,413 sqft |
| 2020-05-01 | 0 days | 1,394 sqft |
| 2020-06-01 | 0 days | 1,444 sqft |
| 2020-07-01 | 0 days | 1,414 sqft |
| 2020-08-01 | 0 days | 1,448 sqft |
| 2020-09-01 | 0 days | 1,448 sqft |
| 2020-10-01 | 0 days | 1,484 sqft |
| 2020-11-01 | 0 days | 1,468 sqft |
| 2020-12-01 | 0 days | 1,453 sqft |
| 2021-01-01 | 0 days | 1,465 sqft |
| 2021-02-01 | 0 days | 1,458 sqft |
| 2021-03-01 | 0 days | 1,431 sqft |
| 2021-04-01 | 0 days | 1,403 sqft |
| 2021-05-01 | 0 days | 1,468 sqft |
| 2021-06-01 | 0 days | 1,534 sqft |
| 2021-07-01 | 0 days | 1,921 sqft |
| 2021-08-01 | 0 days | 1,353 sqft |
| 2021-09-01 | 0 days | 1,225 sqft |
| 2021-10-01 | 0 days | 1,458 sqft |
| 2021-11-01 | 0 days | 1,568 sqft |
| 2021-12-01 | 0 days | 1,453 sqft |
| 2022-01-01 | 0 days | 1,237 sqft |
| 2022-02-01 | 0 days | 1,255 sqft |
| 2022-03-01 | 0 days | 1,260 sqft |
| 2022-04-01 | 0 days | 1,289 sqft |
| 2022-05-01 | 0 days | 1,558 sqft |
| 2022-06-01 | 0 days | 1,516 sqft |
| 2022-07-01 | 0 days | 1,524 sqft |
| 2022-08-01 | 0 days | 1,660 sqft |
| 2022-09-01 | 0 days | 1,601 sqft |
| 2022-10-01 | 0 days | 1,572 sqft |
| 2022-11-01 | 0 days | 1,532 sqft |
| 2022-12-01 | 0 days | 1,538 sqft |
| 2023-01-01 | 0 days | 1,562 sqft |
| 2023-02-01 | 0 days | 1,601 sqft |
| 2023-03-01 | 0 days | 1,787 sqft |
| 2023-04-01 | 0 days | 1,735 sqft |
| 2023-05-01 | 0 days | 1,800 sqft |
| 2023-06-01 | 0 days | 1,719 sqft |
| 2023-07-01 | 0 days | 1,612 sqft |
| 2023-08-01 | 0 days | 1,760 sqft |
| 2023-09-01 | 0 days | 1,491 sqft |
| 2023-10-01 | 0 days | 1,458 sqft |
| 2023-11-01 | 0 days | 1,484 sqft |
| 2023-12-01 | 0 days | 1,504 sqft |
| 2024-01-01 | 0 days | 1,511 sqft |
| 2024-02-01 | 0 days | 1,640 sqft |
| 2024-03-01 | 0 days | 1,572 sqft |
Dodge City's median square footage for active listings during the 2024-03-01 period was 1,572 sqft. One year prior, the average listing was 1,787 sqft.