Garden City USDA Loan Rates, Closing Costs & Stats
Garden 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.
Garden City's 5 lenders originated 13 USDA loans during 2023. The total origination value was $2,525,000, with an average USDA loan value of $194,231.
Garden City USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Garden City
averaged
6.24%
for the week of 2025-02-14, compared to the national average (all USDA variants) of
6.526% for the same period.
Garden City's average USDA mortgage closing costs are $4,113.
The average rate for the prior week (2025-02-07) was
6.19% and
one month ago for the week of 2025-01-10, the
average rate was 6.34%.
The average rate one year ago was 6.23%.
For refis of the same type during the week of 2025-02-14, the average rate
was 6.73%.
Garden 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 Garden City level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| GOLDEN PLAINS | 7 | 6.50% | $3,993 |
| Landmark National Bank | 3 | 6.63% | $4,725 |
| FLAT BRANCH MORTGAGE, INC. | 1 | 7.13% | $6,100 |
| UMB Bank | 1 | 6.13% | $5,229 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 6.75% | $5,196 |
The top Garden City USDA lender as defined by loan originations is GOLDEN PLAINS, with
7 USDA loans originated. Their average total fees are
$3,993, which is $733
lower than the next largest lender,
Landmark National Bank.
The lowest fee Garden City USDA lenders (with over 10 loans originated) are
.
The lowest rate Garden City USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Garden 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 | $210,500 (-2.0%) | $243,729 (3.1%) | 0.00 | 74 |
| 2018-02-01 | $213,750 (-0.5%) | $247,490 (0.3%) | 0.00 | 71 |
| 2018-03-01 | $215,000 (-5.4%) | $250,785 (-0.2%) | 0.00 | 67 |
| 2018-04-01 | $212,225 (-2.5%) | $244,789 (-2.9%) | 0.00 | 65 |
| 2018-05-01 | $214,000 (-5.5%) | $244,693 (-8.3%) | 0.00 | 71 |
| 2018-06-01 | $217,700 (-1.3%) | $241,808 (-9.0%) | 0.00 | 72 |
| 2018-07-01 | $219,700 (-1.9%) | $253,772 (-6.6%) | 0.00 | 72 |
| 2018-08-01 | $219,950 (-4.1%) | $252,109 (-5.6%) | 0.00 | 63 |
| 2018-09-01 | $219,950 (-2.2%) | $263,710 (1.6%) | 0.00 | 59 |
| 2018-10-01 | $222,175 (1.1%) | $257,755 (0.2%) | 0.00 | 69 |
| 2018-11-01 | $229,950 (5.7%) | $266,612 (5.1%) | 0.00 | 66 |
| 2018-12-01 | $229,700 (4.9%) | $256,708 (1.3%) | 0.00 | 67 |
| 2019-01-01 | $194,750 (-7.5%) | $237,793 (-2.4%) | 0.00 | 69 |
| 2019-02-01 | $221,250 (3.5%) | $246,495 (-0.4%) | 0.00 | 63 |
| 2019-03-01 | $222,457 (3.5%) | $253,431 (1.1%) | 0.00 | 61 |
| 2019-04-01 | $217,082 (2.3%) | $244,010 (-0.3%) | 0.00 | 64 |
| 2019-05-01 | $207,900 (-2.9%) | $228,649 (-6.6%) | 0.00 | 80 |
| 2019-06-01 | $196,900 (-9.6%) | $236,081 (-2.4%) | 0.00 | 76 |
| 2019-07-01 | $209,500 (-4.6%) | $268,093 (5.6%) | 0.00 | 87 |
| 2019-08-01 | $220,155 (0.1%) | $269,268 (6.8%) | 0.00 | 89 |
| 2019-09-01 | $236,886 (7.7%) | $270,056 (2.4%) | 0.00 | 93 |
| 2019-10-01 | $248,041 (11.6%) | $270,854 (5.1%) | 0.00 | 95 |
| 2019-11-01 | $245,950 (7.0%) | $253,623 (-4.9%) | 0.00 | 91 |
| 2019-12-01 | $239,950 (4.5%) | $247,418 (-3.6%) | 0.00 | 84 |
| 2020-01-01 | $239,950 (23.2%) | $245,794 (3.4%) | 0.00 | 79 |
| 2020-02-01 | $218,500 (-1.2%) | $238,216 (-3.4%) | 0.00 | 64 |
| 2020-03-01 | $217,075 (-2.4%) | $235,505 (-7.1%) | 0.00 | 66 |
| 2020-04-01 | $196,925 (-9.3%) | $229,161 (-6.1%) | 0.00 | 69 |
| 2020-05-01 | $223,000 (7.3%) | $243,641 (6.6%) | 0.00 | 65 |
| 2020-06-01 | $225,500 (14.5%) | $248,173 (5.1%) | 0.00 | 51 |
| 2020-07-01 | $236,950 (13.1%) | $247,724 (-7.6%) | 0.00 | 40 |
| 2020-08-01 | $255,000 (15.8%) | $262,412 (-2.6%) | 0.00 | 33 |
| 2020-09-01 | $229,950 (-2.9%) | $250,153 (-7.4%) | 0.00 | 34 |
| 2020-10-01 | $244,950 (-1.3%) | $262,721 (-3.0%) | 0.00 | 35 |
| 2020-11-01 | $242,725 (-1.3%) | $274,047 (8.1%) | 0.00 | 42 |
| 2020-12-01 | $229,000 (-4.6%) | $250,554 (1.3%) | 0.00 | 47 |
| 2021-01-01 | $232,900 (-2.9%) | $259,219 (5.5%) | 0.00 | 44 |
| 2021-02-01 | $243,950 (11.7%) | $268,702 (12.8%) | 0.00 | 41 |
| 2021-03-01 | $249,925 (15.1%) | $271,737 (15.4%) | 0.00 | 31 |
| 2021-04-01 | $241,175 (22.5%) | $270,114 (17.9%) | 0.00 | 26 |
| 2021-05-01 | $250,000 (12.1%) | $272,174 (11.7%) | 0.00 | 22 |
| 2021-06-01 | $245,475 (8.9%) | $253,902 (2.3%) | 0.00 | 17 |
| 2021-07-01 | $252,450 (6.5%) | $283,409 (14.4%) | 0.00 | 27 |
| 2021-08-01 | $243,000 (-4.7%) | $298,128 (13.6%) | 0.00 | 28 |
| 2021-09-01 | $227,225 (-1.2%) | $302,153 (20.8%) | 0.00 | 26 |
| 2021-10-01 | $225,000 (-8.1%) | $296,445 (12.8%) | 0.00 | 25 |
| 2021-11-01 | $233,250 (-3.9%) | $294,260 (7.4%) | 0.00 | 27 |
| 2021-12-01 | $224,200 (-2.1%) | $289,585 (15.6%) | 0.00 | 23 |
| 2022-01-01 | $193,450 (-16.9%) | $280,418 (8.2%) | 0.00 | 25 |
| 2022-02-01 | $253,475 (3.9%) | $295,223 (9.9%) | 0.00 | 26 |
| 2022-03-01 | $254,950 (2.0%) | $283,131 (4.2%) | 0.00 | 24 |
| 2022-04-01 | $265,000 (9.9%) | $285,259 (5.6%) | 0.00 | 24 |
| 2022-05-01 | $266,250 (6.5%) | $302,723 (11.2%) | 0.00 | 30 |
| 2022-06-01 | $284,450 (15.9%) | $315,078 (24.1%) | 0.00 | 42 |
| 2022-07-01 | $322,250 (27.7%) | $374,870 (32.3%) | 0.00 | 40 |
| 2022-08-01 | $336,125 (38.3%) | $378,907 (27.1%) | 0.00 | 44 |
| 2022-09-01 | $334,750 (47.3%) | $374,850 (24.1%) | 0.00 | 43 |
| 2022-10-01 | $311,788 (38.6%) | $347,985 (17.4%) | 0.00 | 47 |
| 2022-11-01 | $299,900 (28.6%) | $324,667 (10.3%) | 0.00 | 43 |
| 2022-12-01 | $295,000 (31.6%) | $305,830 (5.6%) | 0.00 | 36 |
| 2023-01-01 | $269,425 (39.3%) | $284,596 (1.5%) | 0.00 | 40 |
| 2023-02-01 | $269,900 (6.5%) | $274,098 (-7.2%) | 0.00 | 46 |
| 2023-03-01 | $278,450 (9.2%) | $282,396 (-0.3%) | 0.00 | 49 |
| 2023-04-01 | $267,900 (1.1%) | $278,527 (-2.4%) | 0.00 | 48 |
| 2023-05-01 | $266,150 (0.0%) | $285,400 (-5.7%) | 0.00 | 52 |
| 2023-06-01 | $263,975 (-7.2%) | $281,147 (-10.8%) | 0.00 | 62 |
| 2023-07-01 | $267,450 (-17.0%) | $282,298 (-24.7%) | 0.00 | 54 |
| 2023-08-01 | $269,975 (-19.7%) | $283,277 (-25.2%) | 0.00 | 57 |
| 2023-09-01 | $289,900 (-13.4%) | $289,330 (-22.8%) | 0.00 | 57 |
| 2023-10-01 | $287,500 (-7.8%) | $287,788 (-17.3%) | 0.00 | 71 |
| 2023-11-01 | $290,725 (-3.1%) | $286,425 (-11.8%) | 0.00 | 79 |
| 2023-12-01 | $285,000 (-3.4%) | $284,749 (-6.9%) | 0.00 | 80 |
| 2024-01-01 | $287,500 (6.7%) | $284,310 (-0.1%) | 0.00 | 82 |
| 2024-02-01 | $282,400 (4.6%) | $282,818 (3.2%) | 0.00 | 79 |
| 2024-03-01 | $285,000 (2.4%) | $288,218 (2.1%) | 0.00 | 81 |
| 2024-04-01 | $288,500 (7.7%) | $295,052 (5.9%) | 0.00 | 86 |
| 2024-05-01 | $289,900 (8.9%) | $315,350 (10.5%) | 0.00 | 86 |
| 2024-06-01 | $287,000 (8.7%) | $305,868 (8.8%) | 0.00 | 108 |
| 2024-07-01 | $283,475 (6.0%) | $301,881 (6.9%) | 0.00 | 102 |
| 2024-08-01 | $291,250 (7.9%) | $303,747 (7.2%) | 0.00 | 103 |
| 2024-09-01 | $295,450 (1.9%) | $301,986 (4.4%) | 0.00 | 99 |
| 2024-10-01 | $294,900 (2.6%) | $312,956 (8.8%) | 0.00 | 93 |
| 2024-11-01 | $295,500 (1.6%) | $319,218 (11.5%) | 0.00 | 97 |
| 2024-12-01 | $298,125 (4.6%) | $336,293 (18.1%) | 0.00 | 97 |
| 2025-01-01 | $291,225 (1.3%) | $334,689 (17.7%) | 0.00 | 91 |
Garden City's median listing price comes in at 0% of the national average.
Garden City's average listing price for 2025-01-01 was $334,689, a difference of $50,379 (17.7%) versus the prior year and $-1,604 versus the prior month.
For the 2025-01-01 period, Garden City had 91 MLS listings, a difference of -6 listings (-6%) versus the prior month and 9 listings (11%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Garden 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 | 1,453 sqft |
| 2018-02-01 | 0 days | 1,415 sqft |
| 2018-03-01 | 0 days | 1,392 sqft |
| 2018-04-01 | 0 days | 1,371 sqft |
| 2018-05-01 | 0 days | 1,437 sqft |
| 2018-06-01 | 0 days | 1,480 sqft |
| 2018-07-01 | 0 days | 1,511 sqft |
| 2018-08-01 | 0 days | 1,500 sqft |
| 2018-09-01 | 0 days | 1,506 sqft |
| 2018-10-01 | 0 days | 1,540 sqft |
| 2018-11-01 | 0 days | 1,608 sqft |
| 2018-12-01 | 0 days | 1,664 sqft |
| 2019-01-01 | 0 days | 1,429 sqft |
| 2019-02-01 | 0 days | 1,431 sqft |
| 2019-03-01 | 0 days | 1,514 sqft |
| 2019-04-01 | 0 days | 1,507 sqft |
| 2019-05-01 | 0 days | 1,369 sqft |
| 2019-06-01 | 0 days | 1,423 sqft |
| 2019-07-01 | 0 days | 1,496 sqft |
| 2019-08-01 | 0 days | 1,455 sqft |
| 2019-09-01 | 0 days | 1,393 sqft |
| 2019-10-01 | 0 days | 1,356 sqft |
| 2019-11-01 | 0 days | 1,418 sqft |
| 2019-12-01 | 0 days | 1,379 sqft |
| 2020-01-01 | 0 days | 1,372 sqft |
| 2020-02-01 | 0 days | 1,407 sqft |
| 2020-03-01 | 0 days | 1,388 sqft |
| 2020-04-01 | 0 days | 1,359 sqft |
| 2020-05-01 | 0 days | 1,383 sqft |
| 2020-06-01 | 0 days | 1,386 sqft |
| 2020-07-01 | 0 days | 1,450 sqft |
| 2020-08-01 | 0 days | 1,516 sqft |
| 2020-09-01 | 0 days | 1,453 sqft |
| 2020-10-01 | 0 days | 1,419 sqft |
| 2020-11-01 | 0 days | 1,445 sqft |
| 2020-12-01 | 0 days | 1,344 sqft |
| 2021-01-01 | 0 days | 1,346 sqft |
| 2021-02-01 | 0 days | 1,355 sqft |
| 2021-03-01 | 0 days | 1,407 sqft |
| 2021-04-01 | 0 days | 1,476 sqft |
| 2021-05-01 | 0 days | 1,384 sqft |
| 2021-06-01 | 0 days | 1,395 sqft |
| 2021-07-01 | 0 days | 1,367 sqft |
| 2021-08-01 | 0 days | 1,357 sqft |
| 2021-09-01 | 0 days | 1,411 sqft |
| 2021-10-01 | 0 days | 1,474 sqft |
| 2021-11-01 | 0 days | 1,373 sqft |
| 2021-12-01 | 0 days | 1,363 sqft |
| 2022-01-01 | 0 days | 1,334 sqft |
| 2022-02-01 | 0 days | 1,526 sqft |
| 2022-03-01 | 0 days | 1,380 sqft |
| 2022-04-01 | 0 days | 1,372 sqft |
| 2022-05-01 | 0 days | 1,347 sqft |
| 2022-06-01 | 0 days | 1,380 sqft |
| 2022-07-01 | 0 days | 1,402 sqft |
| 2022-08-01 | 0 days | 1,519 sqft |
| 2022-09-01 | 0 days | 1,513 sqft |
| 2022-10-01 | 0 days | 1,489 sqft |
| 2022-11-01 | 0 days | 1,470 sqft |
| 2022-12-01 | 0 days | 1,380 sqft |
| 2023-01-01 | 0 days | 1,373 sqft |
| 2023-02-01 | 0 days | 1,349 sqft |
| 2023-03-01 | 0 days | 1,367 sqft |
| 2023-04-01 | 0 days | 1,364 sqft |
| 2023-05-01 | 0 days | 1,402 sqft |
| 2023-06-01 | 0 days | 1,318 sqft |
| 2023-07-01 | 0 days | 1,371 sqft |
| 2023-08-01 | 0 days | 1,343 sqft |
| 2023-09-01 | 0 days | 1,345 sqft |
| 2023-10-01 | 0 days | 1,283 sqft |
| 2023-11-01 | 0 days | 1,314 sqft |
| 2023-12-01 | 0 days | 1,310 sqft |
| 2024-01-01 | 0 days | 1,320 sqft |
| 2024-02-01 | 0 days | 1,318 sqft |
| 2024-03-01 | 0 days | 1,332 sqft |
| 2024-04-01 | 0 days | 1,355 sqft |
| 2024-05-01 | 0 days | 1,391 sqft |
| 2024-06-01 | 0 days | 1,377 sqft |
| 2024-07-01 | 0 days | 1,375 sqft |
| 2024-08-01 | 0 days | 1,335 sqft |
| 2024-09-01 | 0 days | 1,342 sqft |
| 2024-10-01 | 0 days | 1,380 sqft |
| 2024-11-01 | 0 days | 1,344 sqft |
| 2024-12-01 | 0 days | 1,344 sqft |
| 2025-01-01 | 0 days | 1,308 sqft |
Garden City's median square footage for active listings during the 2025-01-01 period was 1,308 sqft. One year prior, the average listing was 1,320 sqft.