Great Bend USDA Loan Rates, Closing Costs & Stats

Great Bend, KS

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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.

    Great Bend's 10 lenders originated 20 USDA loans during 2023. The total origination value was $2,180,000, with an average USDA loan value of $109,000.

    Great Bend USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Great Bend averaged 0.17% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

    Great Bend's average USDA mortgage closing costs are $3,353.

    The average rate for the prior week (2024-11-08) was 6.42% and one month ago for the week of 2024-10-11, the average rate was 6.08%.

    The average rate one year ago was 7.61%.

    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.

    Great Bend 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 Great Bend level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Sierra Pacific Mortgage Company, Inc. 5 6.33% $5,090
    Landmark National Bank 5 6.55% $3,402
    Mortgage Investment Services Corporation 2 7.38% $2,542
    FLAT BRANCH MORTGAGE, INC. 1 7.13% $6,499
    Gateway First Bank 1 6.75% $3,810
    GOLDEN PLAINS 1 6.63% $2,839
    BNC National Bank 1 6.50% $4,040
    VILLAGE CAPITAL MORTGAGE 1 5.75% $5,595
    COMMUNITY MORTGAGE, LLC 1 6.25% $3,598
    Farmers Bank & Trust 1 7.13% $3,725

    The top Great Bend USDA lender as defined by loan originations is Sierra Pacific Mortgage Company, Inc., with 5 USDA loans originated. Their average total fees are $5,090, which is $1,688 higher than the next largest lender, Landmark National Bank.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Great Bend (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 $119,900 (7.8%) $142,466 (11.6%) 0.00 132
    2018-02-01 $123,500 (10.1%) $144,119 (12.4%) 0.00 130
    2018-03-01 $124,000 (10.7%) $143,595 (11.6%) 0.00 121
    2018-04-01 $119,675 (1.4%) $140,005 (4.3%) 0.00 123
    2018-05-01 $111,450 (-4.1%) $137,578 (5.7%) 0.00 127
    2018-06-01 $109,900 (-1.9%) $140,134 (11.4%) 0.00 141
    2018-07-01 $108,175 (-4.9%) $137,574 (8.8%) 0.00 162
    2018-08-01 $105,900 (-8.5%) $135,762 (2.3%) 0.00 169
    2018-09-01 $104,950 (-11.0%) $135,520 (-0.1%) 0.00 161
    2018-10-01 $104,200 (-6.3%) $134,718 (0.6%) 0.00 164
    2018-11-01 $106,450 (-7.9%) $134,721 (0.2%) 0.00 162
    2018-12-01 $109,900 (-4.4%) $132,712 (-2.4%) 0.00 155
    2019-01-01 $109,900 (-8.3%) $135,564 (-4.8%) 0.00 156
    2019-02-01 $110,950 (-10.2%) $133,934 (-7.1%) 0.00 154
    2019-03-01 $113,786 (-8.2%) $131,926 (-8.1%) 0.00 151
    2019-04-01 $110,386 (-7.8%) $129,061 (-7.8%) 0.00 153
    2019-05-01 $114,450 (2.7%) $128,700 (-6.5%) 0.00 152
    2019-06-01 $119,500 (8.7%) $130,435 (-6.9%) 0.00 152
    2019-07-01 $115,000 (6.3%) $128,852 (-6.3%) 0.00 158
    2019-08-01 $116,336 (9.9%) $135,315 (-0.3%) 0.00 151
    2019-09-01 $116,991 (11.5%) $138,157 (2.0%) 0.00 145
    2019-10-01 $116,627 (11.9%) $140,051 (4.0%) 0.00 143
    2019-11-01 $114,500 (7.6%) $137,177 (1.8%) 0.00 147
    2019-12-01 $112,400 (2.3%) $133,932 (0.9%) 0.00 144
    2020-01-01 $112,625 (2.5%) $133,674 (-1.4%) 0.00 138
    2020-02-01 $114,750 (3.4%) $135,036 (0.8%) 0.00 132
    2020-03-01 $109,600 (-3.7%) $129,618 (-1.8%) 0.00 123
    2020-04-01 $112,000 (1.5%) $138,939 (7.7%) 0.00 123
    2020-05-01 $112,000 (-2.1%) $144,107 (12.0%) 0.00 119
    2020-06-01 $109,975 (-8.0%) $144,541 (10.8%) 0.00 110
    2020-07-01 $119,950 (4.3%) $155,444 (20.6%) 0.00 104
    2020-08-01 $114,900 (-1.2%) $152,867 (13.0%) 0.00 101
    2020-09-01 $110,000 (-6.0%) $146,687 (6.2%) 0.00 84
    2020-10-01 $109,950 (-5.7%) $141,782 (1.2%) 0.00 86
    2020-11-01 $108,975 (-4.8%) $141,923 (3.5%) 0.00 86
    2020-12-01 $105,000 (-6.6%) $137,276 (2.5%) 0.00 77
    2021-01-01 $110,500 (-1.9%) $131,531 (-1.6%) 0.00 72
    2021-02-01 $89,700 (-21.8%) $135,122 (0.1%) 0.00 67
    2021-03-01 $99,950 (-8.8%) $136,593 (5.4%) 0.00 70
    2021-04-01 $104,200 (-7.0%) $138,406 (-0.4%) 0.00 53
    2021-05-01 $118,700 (6.0%) $159,461 (10.7%) 0.00 45
    2021-06-01 $96,600 (-12.2%) $148,062 (2.4%) 0.00 48
    2021-07-01 $102,400 (-14.6%) $157,465 (1.3%) 0.00 42
    2021-08-01 $114,675 (-0.2%) $168,514 (10.2%) 0.00 46
    2021-09-01 $112,450 (2.2%) $180,123 (22.8%) 0.00 41
    2021-10-01 $110,000 (0.1%) $175,618 (23.9%) 0.00 47
    2021-11-01 $110,000 (0.9%) $162,167 (14.3%) 0.00 44
    2021-12-01 $105,950 (0.9%) $166,345 (21.2%) 0.00 47
    2022-01-01 $110,450 (-0.1%) $167,394 (27.3%) 0.00 47
    2022-02-01 $108,925 (21.4%) $165,347 (22.4%) 0.00 31
    2022-03-01 $118,475 (18.5%) $162,292 (18.8%) 0.00 27
    2022-04-01 $111,000 (6.5%) $157,680 (13.9%) 0.00 30
    2022-05-01 $134,900 (13.7%) $177,287 (11.2%) 0.00 34
    2022-06-01 $136,925 (41.7%) $168,373 (13.7%) 0.00 36
    2022-07-01 $129,500 (26.5%) $157,456 (0.0%) 0.00 41
    2022-08-01 $136,650 (19.2%) $177,124 (5.1%) 0.00 41
    2022-09-01 $133,450 (18.7%) $167,204 (-7.2%) 0.00 47
    2022-10-01 $125,000 (13.6%) $167,517 (-4.6%) 0.00 49
    2022-11-01 $119,900 (9.0%) $178,391 (10.0%) 0.00 49
    2022-12-01 $119,900 (13.2%) $176,025 (5.8%) 0.00 53
    2023-01-01 $124,950 (13.1%) $172,254 (2.9%) 0.00 50
    2023-02-01 $123,200 (13.1%) $158,495 (-4.1%) 0.00 54
    2023-03-01 $120,950 (2.1%) $149,950 (-7.6%) 0.00 56
    2023-04-01 $122,000 (9.9%) $159,325 (1.0%) 0.00 55
    2023-05-01 $135,925 (0.8%) $184,897 (4.3%) 0.00 50
    2023-06-01 $149,925 (9.5%) $190,491 (13.1%) 0.00 51
    2023-07-01 $133,900 (3.4%) $186,434 (18.4%) 0.00 58
    2023-08-01 $135,950 (-0.5%) $177,669 (0.3%) 0.00 63
    2023-09-01 $129,000 (-3.3%) $176,667 (5.7%) 0.00 63
    2023-10-01 $127,500 (2.0%) $174,381 (4.1%) 0.00 53
    2023-11-01 $119,950 (0.0%) $165,662 (-7.1%) 0.00 52
    2023-12-01 $119,500 (-0.3%) $163,262 (-7.3%) 0.00 48
    2024-01-01 $121,725 (-2.6%) $181,985 (5.7%) 0.00 43
    2024-02-01 $119,375 (-3.1%) $172,821 (9.0%) 0.00 41
    2024-03-01 $123,450 (2.1%) $170,923 (14.0%) 0.00 41
    2024-04-01 $130,000 (6.6%) $170,920 (7.3%) 0.00 36
    2024-05-01 $132,075 (-2.8%) $188,703 (2.1%) 0.00 28
    2024-06-01 $160,000 (6.7%) $211,280 (10.9%) 0.00 39
    2024-07-01 $164,475 (22.8%) $209,111 (12.2%) 0.00 43
    2024-08-01 $165,000 (21.4%) $218,793 (23.2%) 0.00 49
    2024-09-01 $185,925 (44.1%) $228,955 (29.6%) 0.00 64
    2024-10-01 $174,600 (36.9%) $224,870 (29.0%) 0.00 66
    Great Bend's median listing price for 2024-10-01 was $174,600, a difference of $47,100 (36.9%) versus the prior year and $-11,325 versus the prior month.

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

    Great Bend's average listing price for 2024-10-01 was $224,870, a difference of $50,489 (29.0%) versus the prior year and $-4,085 versus the prior month.

    For the 2024-10-01 period, Great Bend had 66 MLS listings, a difference of 2 listings (3%) versus the prior month and 13 listings (25%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Great Bend (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,430 sqft
    2018-02-01 0 days 1,435 sqft
    2018-03-01 0 days 1,431 sqft
    2018-04-01 0 days 1,438 sqft
    2018-05-01 0 days 1,427 sqft
    2018-06-01 0 days 1,430 sqft
    2018-07-01 0 days 1,406 sqft
    2018-08-01 0 days 1,402 sqft
    2018-09-01 0 days 1,413 sqft
    2018-10-01 0 days 1,398 sqft
    2018-11-01 0 days 1,403 sqft
    2018-12-01 0 days 1,390 sqft
    2019-01-01 0 days 1,416 sqft
    2019-02-01 0 days 1,391 sqft
    2019-03-01 0 days 1,382 sqft
    2019-04-01 0 days 1,335 sqft
    2019-05-01 0 days 1,363 sqft
    2019-06-01 0 days 1,380 sqft
    2019-07-01 0 days 1,401 sqft
    2019-08-01 0 days 1,396 sqft
    2019-09-01 0 days 1,387 sqft
    2019-10-01 0 days 1,385 sqft
    2019-11-01 0 days 1,340 sqft
    2019-12-01 0 days 1,353 sqft
    2020-01-01 0 days 1,362 sqft
    2020-02-01 0 days 1,339 sqft
    2020-03-01 0 days 1,247 sqft
    2020-04-01 0 days 1,242 sqft
    2020-05-01 0 days 1,316 sqft
    2020-06-01 0 days 1,339 sqft
    2020-07-01 0 days 1,430 sqft
    2020-08-01 0 days 1,430 sqft
    2020-09-01 0 days 1,392 sqft
    2020-10-01 0 days 1,352 sqft
    2020-11-01 0 days 1,338 sqft
    2020-12-01 0 days 1,330 sqft
    2021-01-01 0 days 1,305 sqft
    2021-02-01 0 days 1,305 sqft
    2021-03-01 0 days 1,372 sqft
    2021-04-01 0 days 1,391 sqft
    2021-05-01 0 days 1,489 sqft
    2021-06-01 0 days 1,298 sqft
    2021-07-01 0 days 1,380 sqft
    2021-08-01 0 days 1,431 sqft
    2021-09-01 0 days 1,363 sqft
    2021-10-01 0 days 1,356 sqft
    2021-11-01 0 days 1,292 sqft
    2021-12-01 0 days 1,344 sqft
    2022-01-01 0 days 1,345 sqft
    2022-02-01 0 days 1,371 sqft
    2022-03-01 0 days 1,402 sqft
    2022-04-01 0 days 1,230 sqft
    2022-05-01 0 days 1,439 sqft
    2022-06-01 0 days 1,501 sqft
    2022-07-01 0 days 1,380 sqft
    2022-08-01 0 days 1,425 sqft
    2022-09-01 0 days 1,413 sqft
    2022-10-01 0 days 1,408 sqft
    2022-11-01 0 days 1,391 sqft
    2022-12-01 0 days 1,387 sqft
    2023-01-01 0 days 1,380 sqft
    2023-02-01 0 days 1,366 sqft
    2023-03-01 0 days 1,305 sqft
    2023-04-01 0 days 1,410 sqft
    2023-05-01 0 days 1,485 sqft
    2023-06-01 0 days 1,603 sqft
    2023-07-01 0 days 1,632 sqft
    2023-08-01 0 days 1,544 sqft
    2023-09-01 0 days 1,388 sqft
    2023-10-01 0 days 1,288 sqft
    2023-11-01 0 days 1,338 sqft
    2023-12-01 0 days 1,351 sqft
    2024-01-01 0 days 1,432 sqft
    2024-02-01 0 days 1,510 sqft
    2024-03-01 0 days 1,542 sqft
    2024-04-01 0 days 1,646 sqft
    2024-05-01 0 days 1,875 sqft
    2024-06-01 0 days 1,630 sqft
    2024-07-01 0 days 1,575 sqft
    2024-08-01 0 days 1,609 sqft
    2024-09-01 0 days 1,606 sqft
    2024-10-01 0 days 1,605 sqft
    Great Bend's median listing age (time on market) for 2024-10-01 was 0 days.

    Great Bend's median square footage for active listings during the 2024-10-01 period was 1,605 sqft. One year prior, the average listing was 1,288 sqft.