Green Bay USDA Loan Rates, Closing Costs & Stats
GREEN BAY, WI
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.
Green Bay's 5 lenders originated 7 USDA loans during 2023. The total origination value was $1,425,000, with an average USDA loan value of $203,571.
Green Bay USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Green Bay
averaged
6.97%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Green Bay's average USDA mortgage closing costs are $4,146.
The average rate for the prior week (2024-04-12) was
6.92% and
one month ago for the week of 2024-03-15, the
average rate was 6.61%.
The average rate one year ago was 6.55%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.95%.
Green Bay 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 Green Bay level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Flagstar Bank, FSB | 3 | 6.75% | $6,609 |
| CARDINAL FINANCIAL | 1 | 7.25% | $8,890 |
| GUARANTEED RATE, INC. | 1 | 6.25% | $7,624 |
| Mortgage Research Center, LLC | 1 | 6.99% | $3,900 |
| Paramount Residential Mortgage Group, Inc. | 1 | 6.63% | $6,785 |
The top Green Bay USDA lender as defined by loan originations is Flagstar Bank, FSB, with
3 USDA loans originated. Their average total fees are
$6,609, which is $2,281
lower than the next largest lender,
CARDINAL FINANCIAL.
The lowest fee Green Bay USDA lenders (with over 10 loans originated) are
.
The lowest rate Green Bay USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Green Bay (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 | $214,925 (19.5%) | $261,790 (14.9%) | 0.80 | 1,071 |
| 2018-02-01 | $219,650 (20.4%) | $264,024 (12.9%) | 0.80 | 1,116 |
| 2018-03-01 | $224,900 (18.7%) | $263,619 (11.7%) | 0.79 | 1,129 |
| 2018-04-01 | $253,200 (33.3%) | $301,735 (28.5%) | 0.86 | 765 |
| 2018-05-01 | $259,900 (32.7%) | $304,616 (28.5%) | 0.87 | 798 |
| 2018-06-01 | $249,900 (25.1%) | $300,595 (26.6%) | 0.83 | 892 |
| 2018-07-01 | $249,925 (27.2%) | $301,410 (29.0%) | 0.83 | 944 |
| 2018-08-01 | $246,400 (28.7%) | $292,538 (24.5%) | 0.83 | 1,040 |
| 2018-09-01 | $244,900 (27.3%) | $290,070 (21.4%) | 0.82 | 1,065 |
| 2018-10-01 | $237,450 (19.1%) | $281,539 (16.7%) | 0.80 | 1,031 |
| 2018-11-01 | $229,925 (15.5%) | $277,827 (13.7%) | 0.78 | 992 |
| 2018-12-01 | $230,700 (15.4%) | $280,880 (11.4%) | 0.80 | 895 |
| 2019-01-01 | $239,900 (11.6%) | $279,088 (6.6%) | 0.83 | 790 |
| 2019-02-01 | $249,900 (13.8%) | $291,350 (10.4%) | 0.84 | 728 |
| 2019-03-01 | $256,371 (14.0%) | $303,773 (15.2%) | 0.84 | 713 |
| 2019-04-01 | $267,450 (5.6%) | $315,132 (4.4%) | 0.85 | 712 |
| 2019-05-01 | $264,950 (1.9%) | $310,507 (1.9%) | 0.83 | 785 |
| 2019-06-01 | $259,900 (4.0%) | $306,030 (1.8%) | 0.81 | 881 |
| 2019-07-01 | $252,075 (0.9%) | $292,743 (-2.9%) | 0.79 | 950 |
| 2019-08-01 | $249,099 (1.1%) | $288,085 (-1.5%) | 0.79 | 959 |
| 2019-09-01 | $247,748 (1.2%) | $287,444 (-0.9%) | 0.79 | 957 |
| 2019-10-01 | $248,449 (4.6%) | $290,746 (3.3%) | 0.80 | 927 |
| 2019-11-01 | $259,900 (13.0%) | $297,937 (7.2%) | 0.85 | 793 |
| 2019-12-01 | $266,225 (15.4%) | $309,772 (10.3%) | 0.89 | 735 |
| 2020-01-01 | $269,900 (12.5%) | $321,528 (15.2%) | 0.90 | 652 |
| 2020-02-01 | $279,900 (12.0%) | $325,204 (11.6%) | 0.92 | 622 |
| 2020-03-01 | $286,100 (11.6%) | $333,918 (9.9%) | 0.90 | 645 |
| 2020-04-01 | $282,425 (5.6%) | $335,331 (6.4%) | 0.88 | 637 |
| 2020-05-01 | $289,900 (9.4%) | $343,183 (10.5%) | 0.88 | 589 |
| 2020-06-01 | $292,675 (12.6%) | $340,825 (11.4%) | 0.86 | 576 |
| 2020-07-01 | $296,450 (17.6%) | $347,789 (18.8%) | 0.86 | 531 |
| 2020-08-01 | $284,900 (14.4%) | $340,829 (18.3%) | 0.82 | 504 |
| 2020-09-01 | $262,900 (6.1%) | $330,598 (15.0%) | 0.75 | 494 |
| 2020-10-01 | $267,450 (7.7%) | $341,303 (17.4%) | 0.77 | 462 |
| 2020-11-01 | $267,450 (2.9%) | $345,476 (16.0%) | 0.78 | 438 |
| 2020-12-01 | $271,150 (1.9%) | $351,244 (13.4%) | 0.81 | 370 |
| 2021-01-01 | $279,900 (3.7%) | $363,740 (13.1%) | 0.84 | 310 |
| 2021-02-01 | $296,400 (5.9%) | $392,997 (20.9%) | 0.86 | 276 |
| 2021-03-01 | $309,900 (8.3%) | $407,490 (22.0%) | 0.88 | 271 |
| 2021-04-01 | $299,900 (6.2%) | $402,127 (19.9%) | 0.81 | 273 |
| 2021-05-01 | $299,900 (3.5%) | $396,105 (15.4%) | 0.80 | 286 |
| 2021-06-01 | $307,400 (5.0%) | $388,909 (14.1%) | 0.81 | 331 |
| 2021-07-01 | $319,900 (7.9%) | $392,407 (12.8%) | 0.84 | 385 |
| 2021-08-01 | $320,450 (12.5%) | $395,822 (16.1%) | 0.85 | 396 |
| 2021-09-01 | $309,750 (17.8%) | $380,167 (15.0%) | 0.83 | 428 |
| 2021-10-01 | $317,450 (18.7%) | $375,611 (10.1%) | 0.85 | 422 |
| 2021-11-01 | $325,950 (21.9%) | $394,062 (14.1%) | 0.87 | 346 |
| 2021-12-01 | $335,900 (23.9%) | $409,136 (16.5%) | 0.91 | 302 |
| 2022-01-01 | $337,400 (20.5%) | $432,986 (19.0%) | 0.91 | 254 |
| 2022-02-01 | $343,450 (15.9%) | $449,314 (14.3%) | 0.89 | 222 |
| 2022-03-01 | $343,925 (11.0%) | $450,719 (10.6%) | 0.86 | 229 |
| 2022-04-01 | $384,700 (28.3%) | $467,618 (16.3%) | 0.92 | 309 |
| 2022-05-01 | $377,450 (25.9%) | $458,203 (15.7%) | 0.86 | 357 |
| 2022-06-01 | $392,400 (27.7%) | $461,871 (18.8%) | 0.87 | 430 |
| 2022-07-01 | $389,900 (21.9%) | $447,231 (14.0%) | 0.88 | 505 |
| 2022-08-01 | $389,925 (21.7%) | $449,833 (13.7%) | 0.90 | 489 |
| 2022-09-01 | $392,400 (26.7%) | $448,419 (18.0%) | 0.92 | 469 |
| 2022-10-01 | $405,900 (27.9%) | $467,983 (24.6%) | 0.96 | 501 |
| 2022-11-01 | $399,950 (22.7%) | $466,885 (18.5%) | 0.96 | 487 |
| 2022-12-01 | $408,900 (21.7%) | $473,107 (15.6%) | 1.01 | 441 |
| 2023-01-01 | $424,488 (25.8%) | $489,184 (13.0%) | 1.05 | 397 |
| 2023-02-01 | $434,400 (26.5%) | $506,508 (12.7%) | 1.05 | 330 |
| 2023-03-01 | $429,900 (25.0%) | $527,303 (17.0%) | 1.01 | 320 |
| 2023-04-01 | $413,750 (7.6%) | $516,266 (10.4%) | 0.96 | 274 |
| 2023-05-01 | $401,925 (6.5%) | $511,361 (11.6%) | 0.91 | 279 |
| 2023-06-01 | $398,700 (1.6%) | $488,707 (5.8%) | 0.90 | 311 |
| 2023-07-01 | $410,000 (5.2%) | $512,449 (14.6%) | 0.93 | 374 |
| 2023-08-01 | $417,425 (7.1%) | $507,319 (12.8%) | 0.96 | 380 |
| 2023-09-01 | $417,400 (6.4%) | $502,908 (12.2%) | 0.97 | 415 |
| 2023-10-01 | $422,400 (4.1%) | $500,113 (6.9%) | 0.99 | 451 |
| 2023-11-01 | $412,200 (3.1%) | $518,380 (11.0%) | 0.98 | 443 |
| 2023-12-01 | $424,800 (3.9%) | $540,915 (14.3%) | 1.04 | 389 |
| 2024-01-01 | $426,150 (0.4%) | $547,637 (12.0%) | 1.04 | 361 |
| 2024-02-01 | $447,175 (2.9%) | $566,062 (11.8%) | 1.08 | 357 |
| 2024-03-01 | $454,900 (5.8%) | $574,599 (9.0%) | 1.07 | 345 |
Green Bay's median listing price comes in at 107% of the national average.
Green Bay's average listing price for 2024-03-01 was $574,599, a difference of $47,296 (9.0%) versus the prior year and $8,537 versus the prior month.
For the 2024-03-01 period, Green Bay had 345 MLS listings, a difference of -12 listings (-3%) versus the prior month and 25 listings (8%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Green Bay (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 99 days | 1,780 sqft |
| 2018-02-01 | 91 days | 1,784 sqft |
| 2018-03-01 | 61 days | 1,820 sqft |
| 2018-04-01 | 58 days | 1,851 sqft |
| 2018-05-01 | 54 days | 1,868 sqft |
| 2018-06-01 | 49 days | 1,878 sqft |
| 2018-07-01 | 52 days | 1,890 sqft |
| 2018-08-01 | 57 days | 1,887 sqft |
| 2018-09-01 | 59 days | 1,866 sqft |
| 2018-10-01 | 66 days | 1,840 sqft |
| 2018-11-01 | 71 days | 1,806 sqft |
| 2018-12-01 | 85 days | 1,796 sqft |
| 2019-01-01 | 91 days | 1,801 sqft |
| 2019-02-01 | 96 days | 1,820 sqft |
| 2019-03-01 | 83 days | 1,822 sqft |
| 2019-04-01 | 68 days | 1,833 sqft |
| 2019-05-01 | 53 days | 1,852 sqft |
| 2019-06-01 | 50 days | 1,855 sqft |
| 2019-07-01 | 53 days | 1,869 sqft |
| 2019-08-01 | 58 days | 1,860 sqft |
| 2019-09-01 | 62 days | 1,821 sqft |
| 2019-10-01 | 66 days | 1,799 sqft |
| 2019-11-01 | 74 days | 1,796 sqft |
| 2019-12-01 | 81 days | 1,791 sqft |
| 2020-01-01 | 92 days | 1,778 sqft |
| 2020-02-01 | 92 days | 1,786 sqft |
| 2020-03-01 | 63 days | 1,819 sqft |
| 2020-04-01 | 65 days | 1,830 sqft |
| 2020-05-01 | 78 days | 1,848 sqft |
| 2020-06-01 | 71 days | 1,849 sqft |
| 2020-07-01 | 58 days | 1,888 sqft |
| 2020-08-01 | 57 days | 1,841 sqft |
| 2020-09-01 | 55 days | 1,811 sqft |
| 2020-10-01 | 59 days | 1,821 sqft |
| 2020-11-01 | 61 days | 1,817 sqft |
| 2020-12-01 | 71 days | 1,737 sqft |
| 2021-01-01 | 85 days | 1,738 sqft |
| 2021-02-01 | 70 days | 1,759 sqft |
| 2021-03-01 | 52 days | 1,863 sqft |
| 2021-04-01 | 39 days | 1,854 sqft |
| 2021-05-01 | 37 days | 1,817 sqft |
| 2021-06-01 | 34 days | 1,762 sqft |
| 2021-07-01 | 43 days | 1,808 sqft |
| 2021-08-01 | 45 days | 1,799 sqft |
| 2021-09-01 | 47 days | 1,795 sqft |
| 2021-10-01 | 49 days | 1,759 sqft |
| 2021-11-01 | 53 days | 1,788 sqft |
| 2021-12-01 | 60 days | 1,755 sqft |
| 2022-01-01 | 66 days | 1,660 sqft |
| 2022-02-01 | 70 days | 1,716 sqft |
| 2022-03-01 | 42 days | 1,799 sqft |
| 2022-04-01 | 24 days | 1,649 sqft |
| 2022-05-01 | 40 days | 1,640 sqft |
| 2022-06-01 | 39 days | 1,638 sqft |
| 2022-07-01 | 44 days | 1,650 sqft |
| 2022-08-01 | 55 days | 1,669 sqft |
| 2022-09-01 | 65 days | 1,650 sqft |
| 2022-10-01 | 67 days | 1,696 sqft |
| 2022-11-01 | 69 days | 1,675 sqft |
| 2022-12-01 | 80 days | 1,664 sqft |
| 2023-01-01 | 99 days | 1,627 sqft |
| 2023-02-01 | 109 days | 1,672 sqft |
| 2023-03-01 | 79 days | 1,726 sqft |
| 2023-04-01 | 47 days | 1,887 sqft |
| 2023-05-01 | 40 days | 1,941 sqft |
| 2023-06-01 | 36 days | 1,936 sqft |
| 2023-07-01 | 36 days | 1,909 sqft |
| 2023-08-01 | 44 days | 1,903 sqft |
| 2023-09-01 | 45 days | 1,902 sqft |
| 2023-10-01 | 49 days | 1,883 sqft |
| 2023-11-01 | 54 days | 1,895 sqft |
| 2023-12-01 | 74 days | 1,912 sqft |
| 2024-01-01 | 81 days | 1,893 sqft |
| 2024-02-01 | 78 days | 1,980 sqft |
| 2024-03-01 | 46 days | 1,964 sqft |
Green Bay's median square footage for active listings during the 2024-03-01 period was 1,964 sqft. One year prior, the average listing was 1,726 sqft.