Fort Leonard Wood USDA Loan Rates, Closing Costs & Stats
Fort Leonard Wood, MO
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.
Fort Leonard Wood's 14 lenders originated 42 USDA loans during 2023. The total origination value was $6,670,000, with an average USDA loan value of $158,810.
Fort Leonard Wood USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Fort Leonard Wood
averaged
6.55%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Fort Leonard Wood's average USDA mortgage closing costs are $3,889.
The average rate for the prior week (2024-04-12) was
6.4% and
one month ago for the week of 2024-03-15, the
average rate was 6.29%.
The average rate one year ago was 6.03%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.66%.
Fort Leonard Wood 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 Fort Leonard Wood level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| FLAT BRANCH MORTGAGE, INC. | 17 | 6.91% | $5,018 |
| DAS Acquisition Company, LLC | 7 | 6.79% | $3,941 |
| GUILD MORTGAGE COMPANY | 5 | 6.93% | $5,530 |
| The Central Trust Bank | 2 | 6.56% | $4,958 |
| FIRST INTEGRITY MORTGAGE SERVICES, INC. | 1 | 7.63% | $5,844 |
| Great Southern Bank | 1 | 5.75% | $4,938 |
| GUARANTEED RATE, INC. | 1 | 7.75% | $5,556 |
| LOANDEPOT.COM, LLC | 1 | 6.25% | $9,242 |
| Midwest Mortgage Associates Corporation | 1 | 6.63% | $2,971 |
| AMERICAN FINANCIAL RESOURCES, INC. | 1 | 6.00% | $6,454 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 6.75% | $4,925 |
| Barrington Bank & Trust Company, N.A. | 1 | 7.75% | $8,500 |
| BROKER SOLUTIONS, INC. | 1 | 7.63% | $7,911 |
| CARDINAL FINANCIAL | 1 | 7.25% | $5,623 |
The top Fort Leonard Wood USDA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with
17 USDA loans originated. Their average total fees are
$5,018, which is $1,077
higher than the next largest lender,
DAS Acquisition Company, LLC.
The lowest fee Fort Leonard Wood USDA lenders (with over 10 loans originated) are
FLAT BRANCH MORTGAGE, INC. ($5,018), .
The lowest rate Fort Leonard Wood USDA lenders (with over 10 loans originated) are
FLAT BRANCH MORTGAGE, INC. (6.91%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Fort Leonard Wood (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 | $143,475 (2.6%) | $146,311 (-0.2%) | 0.00 | 371 |
| 2018-02-01 | $148,500 (6.1%) | $146,625 (-0.5%) | 0.00 | 379 |
| 2018-03-01 | $149,000 (6.5%) | $147,651 (-0.5%) | 0.00 | 371 |
| 2018-04-01 | $149,900 (7.1%) | $147,529 (-0.9%) | 0.00 | 394 |
| 2018-05-01 | $149,900 (7.1%) | $149,266 (-0.8%) | 0.00 | 399 |
| 2018-06-01 | $149,900 (7.2%) | $152,083 (2.5%) | 0.00 | 412 |
| 2018-07-01 | $153,450 (9.7%) | $156,871 (6.2%) | 0.00 | 411 |
| 2018-08-01 | $149,950 (7.2%) | $157,372 (5.2%) | 0.00 | 400 |
| 2018-09-01 | $150,000 (7.2%) | $158,045 (7.9%) | 0.00 | 411 |
| 2018-10-01 | $150,475 (7.5%) | $158,924 (8.4%) | 0.00 | 391 |
| 2018-11-01 | $147,500 (5.4%) | $157,697 (7.7%) | 0.00 | 374 |
| 2018-12-01 | $145,000 (3.6%) | $156,694 (6.5%) | 0.00 | 350 |
| 2019-01-01 | $147,450 (2.8%) | $158,188 (8.1%) | 0.00 | 315 |
| 2019-02-01 | $149,900 (0.9%) | $159,223 (8.6%) | 0.00 | 316 |
| 2019-03-01 | $151,014 (1.4%) | $160,529 (8.7%) | 0.00 | 296 |
| 2019-04-01 | $152,314 (1.6%) | $161,869 (9.7%) | 0.00 | 298 |
| 2019-05-01 | $154,675 (3.2%) | $165,676 (11.0%) | 0.00 | 311 |
| 2019-06-01 | $149,900 (0.0%) | $162,495 (6.9%) | 0.00 | 315 |
| 2019-07-01 | $149,900 (-2.3%) | $161,757 (3.1%) | 0.00 | 319 |
| 2019-08-01 | $148,536 (-0.9%) | $158,940 (1.0%) | 0.00 | 319 |
| 2019-09-01 | $146,491 (-2.3%) | $155,484 (-1.6%) | 0.00 | 311 |
| 2019-10-01 | $144,950 (-3.7%) | $152,812 (-3.9%) | 0.00 | 305 |
| 2019-11-01 | $145,750 (-1.2%) | $156,032 (-1.1%) | 0.00 | 284 |
| 2019-12-01 | $149,900 (3.4%) | $159,468 (1.8%) | 0.00 | 275 |
| 2020-01-01 | $149,825 (1.6%) | $161,688 (2.2%) | 0.00 | 256 |
| 2020-02-01 | $154,900 (3.3%) | $166,338 (4.5%) | 0.00 | 260 |
| 2020-03-01 | $154,925 (2.6%) | $167,560 (4.4%) | 0.00 | 226 |
| 2020-04-01 | $159,450 (4.7%) | $168,862 (4.3%) | 0.00 | 212 |
| 2020-05-01 | $154,400 (-0.2%) | $166,364 (0.4%) | 0.00 | 201 |
| 2020-06-01 | $153,950 (2.7%) | $169,087 (4.1%) | 0.00 | 171 |
| 2020-07-01 | $149,925 (0.0%) | $162,119 (0.2%) | 0.00 | 157 |
| 2020-08-01 | $153,450 (3.3%) | $165,249 (4.0%) | 0.00 | 150 |
| 2020-09-01 | $151,900 (3.7%) | $160,606 (3.3%) | 0.00 | 162 |
| 2020-10-01 | $139,200 (-4.0%) | $150,877 (-1.3%) | 0.00 | 151 |
| 2020-11-01 | $136,500 (-6.4%) | $144,486 (-7.4%) | 0.00 | 142 |
| 2020-12-01 | $131,450 (-12.3%) | $142,093 (-10.9%) | 0.00 | 127 |
| 2021-01-01 | $133,000 (-11.2%) | $142,504 (-11.9%) | 0.00 | 93 |
| 2021-02-01 | $130,225 (-15.9%) | $138,229 (-16.9%) | 0.00 | 76 |
| 2021-03-01 | $148,125 (-4.4%) | $149,700 (-10.7%) | 0.00 | 73 |
| 2021-04-01 | $154,950 (-2.8%) | $156,604 (-7.3%) | 0.00 | 71 |
| 2021-05-01 | $161,000 (4.3%) | $184,157 (10.7%) | 0.00 | 74 |
| 2021-06-01 | $167,350 (8.7%) | $199,160 (17.8%) | 0.00 | 94 |
| 2021-07-01 | $177,000 (18.1%) | $217,349 (34.1%) | 0.00 | 121 |
| 2021-08-01 | $179,325 (16.9%) | $229,918 (39.1%) | 0.00 | 119 |
| 2021-09-01 | $180,725 (19.0%) | $230,323 (43.4%) | 0.00 | 113 |
| 2021-10-01 | $172,500 (23.9%) | $228,788 (51.6%) | 0.00 | 103 |
| 2021-11-01 | $173,625 (27.2%) | $218,735 (51.4%) | 0.00 | 87 |
| 2021-12-01 | $175,000 (33.1%) | $218,685 (53.9%) | 0.00 | 83 |
| 2022-01-01 | $184,000 (38.4%) | $237,681 (66.8%) | 0.00 | 69 |
| 2022-02-01 | $182,250 (40.0%) | $240,391 (73.9%) | 0.00 | 72 |
| 2022-03-01 | $198,600 (34.1%) | $252,701 (68.8%) | 0.00 | 76 |
| 2022-04-01 | $204,900 (32.2%) | $248,530 (58.7%) | 0.00 | 91 |
| 2022-05-01 | $222,400 (38.1%) | $255,411 (38.7%) | 0.00 | 100 |
| 2022-06-01 | $221,350 (32.3%) | $253,885 (27.5%) | 0.00 | 118 |
| 2022-07-01 | $225,000 (27.1%) | $256,869 (18.2%) | 0.00 | 129 |
| 2022-08-01 | $219,950 (22.7%) | $249,169 (8.4%) | 0.00 | 126 |
| 2022-09-01 | $224,875 (24.4%) | $255,084 (10.8%) | 0.00 | 108 |
| 2022-10-01 | $219,900 (27.5%) | $240,649 (5.2%) | 0.00 | 116 |
| 2022-11-01 | $201,750 (16.2%) | $224,845 (2.8%) | 0.00 | 115 |
| 2022-12-01 | $209,900 (19.9%) | $223,809 (2.3%) | 0.00 | 123 |
| 2023-01-01 | $199,500 (8.4%) | $217,734 (-8.4%) | 0.00 | 104 |
| 2023-02-01 | $202,475 (11.1%) | $235,702 (-2.0%) | 0.00 | 90 |
| 2023-03-01 | $221,150 (11.4%) | $254,674 (0.8%) | 0.00 | 83 |
| 2023-04-01 | $224,950 (9.8%) | $243,769 (-1.9%) | 0.00 | 82 |
| 2023-05-01 | $239,700 (7.8%) | $265,612 (4.0%) | 0.00 | 99 |
| 2023-06-01 | $226,250 (2.2%) | $255,049 (0.5%) | 0.00 | 123 |
| 2023-07-01 | $229,900 (2.2%) | $257,918 (0.4%) | 0.00 | 126 |
| 2023-08-01 | $229,225 (4.2%) | $251,358 (0.9%) | 0.00 | 124 |
| 2023-09-01 | $229,000 (1.8%) | $262,539 (2.9%) | 0.00 | 120 |
| 2023-10-01 | $230,000 (4.6%) | $262,143 (8.9%) | 0.00 | 120 |
| 2023-11-01 | $232,850 (15.4%) | $249,023 (10.8%) | 0.00 | 117 |
| 2023-12-01 | $225,000 (7.2%) | $247,193 (10.5%) | 0.00 | 114 |
| 2024-01-01 | $225,000 (12.8%) | $240,946 (10.7%) | 0.00 | 119 |
| 2024-02-01 | $235,575 (16.4%) | $249,365 (5.8%) | 0.00 | 106 |
| 2024-03-01 | $235,000 (6.3%) | $257,875 (1.3%) | 0.00 | 115 |
Fort Leonard Wood's median listing price comes in at 0% of the national average.
Fort Leonard Wood's average listing price for 2024-03-01 was $257,875, a difference of $3,201 (1.3%) versus the prior year and $8,510 versus the prior month.
For the 2024-03-01 period, Fort Leonard Wood had 115 MLS listings, a difference of 9 listings (8%) versus the prior month and 32 listings (39%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Fort Leonard Wood (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,891 sqft |
| 2018-02-01 | 0 days | 1,892 sqft |
| 2018-03-01 | 0 days | 1,856 sqft |
| 2018-04-01 | 0 days | 1,856 sqft |
| 2018-05-01 | 0 days | 1,791 sqft |
| 2018-06-01 | 0 days | 1,836 sqft |
| 2018-07-01 | 0 days | 1,948 sqft |
| 2018-08-01 | 0 days | 1,964 sqft |
| 2018-09-01 | 0 days | 1,964 sqft |
| 2018-10-01 | 0 days | 1,601 sqft |
| 2018-11-01 | 0 days | 1,598 sqft |
| 2018-12-01 | 0 days | 1,586 sqft |
| 2019-01-01 | 0 days | 1,578 sqft |
| 2019-02-01 | 0 days | 1,600 sqft |
| 2019-03-01 | 0 days | 1,745 sqft |
| 2019-04-01 | 0 days | 1,919 sqft |
| 2019-05-01 | 0 days | 1,956 sqft |
| 2019-06-01 | 0 days | 1,887 sqft |
| 2019-07-01 | 0 days | 1,861 sqft |
| 2019-08-01 | 0 days | 1,836 sqft |
| 2019-09-01 | 0 days | 1,810 sqft |
| 2019-10-01 | 0 days | 1,798 sqft |
| 2019-11-01 | 0 days | 1,800 sqft |
| 2019-12-01 | 0 days | 1,800 sqft |
| 2020-01-01 | 0 days | 1,820 sqft |
| 2020-02-01 | 0 days | 1,847 sqft |
| 2020-03-01 | 0 days | 1,829 sqft |
| 2020-04-01 | 0 days | 1,803 sqft |
| 2020-05-01 | 0 days | 1,800 sqft |
| 2020-06-01 | 0 days | 1,789 sqft |
| 2020-07-01 | 0 days | 1,769 sqft |
| 2020-08-01 | 0 days | 1,681 sqft |
| 2020-09-01 | 0 days | 1,658 sqft |
| 2020-10-01 | 0 days | 1,580 sqft |
| 2020-11-01 | 0 days | 1,575 sqft |
| 2020-12-01 | 0 days | 1,531 sqft |
| 2021-01-01 | 0 days | 1,505 sqft |
| 2021-02-01 | 0 days | 1,500 sqft |
| 2021-03-01 | 0 days | 1,511 sqft |
| 2021-04-01 | 0 days | 1,544 sqft |
| 2021-05-01 | 0 days | 1,576 sqft |
| 2021-06-01 | 0 days | 1,625 sqft |
| 2021-07-01 | 0 days | 1,696 sqft |
| 2021-08-01 | 0 days | 1,800 sqft |
| 2021-09-01 | 0 days | 1,800 sqft |
| 2021-10-01 | 0 days | 1,666 sqft |
| 2021-11-01 | 0 days | 1,611 sqft |
| 2021-12-01 | 0 days | 1,615 sqft |
| 2022-01-01 | 0 days | 1,700 sqft |
| 2022-02-01 | 0 days | 1,712 sqft |
| 2022-03-01 | 0 days | 1,720 sqft |
| 2022-04-01 | 0 days | 1,960 sqft |
| 2022-05-01 | 0 days | 1,842 sqft |
| 2022-06-01 | 0 days | 1,905 sqft |
| 2022-07-01 | 0 days | 1,976 sqft |
| 2022-08-01 | 0 days | 1,976 sqft |
| 2022-09-01 | 0 days | 1,997 sqft |
| 2022-10-01 | 0 days | 1,939 sqft |
| 2022-11-01 | 0 days | 1,749 sqft |
| 2022-12-01 | 0 days | 1,798 sqft |
| 2023-01-01 | 0 days | 1,736 sqft |
| 2023-02-01 | 0 days | 1,751 sqft |
| 2023-03-01 | 0 days | 1,858 sqft |
| 2023-04-01 | 0 days | 1,900 sqft |
| 2023-05-01 | 0 days | 1,874 sqft |
| 2023-06-01 | 0 days | 1,719 sqft |
| 2023-07-01 | 0 days | 1,725 sqft |
| 2023-08-01 | 0 days | 1,771 sqft |
| 2023-09-01 | 0 days | 1,778 sqft |
| 2023-10-01 | 0 days | 1,793 sqft |
| 2023-11-01 | 0 days | 1,705 sqft |
| 2023-12-01 | 0 days | 1,638 sqft |
| 2024-01-01 | 0 days | 1,586 sqft |
| 2024-02-01 | 0 days | 1,679 sqft |
| 2024-03-01 | 0 days | 1,718 sqft |
Fort Leonard Wood's median square footage for active listings during the 2024-03-01 period was 1,718 sqft. One year prior, the average listing was 1,858 sqft.