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 6.81% for the week of 2024-04-12, compared to the national average (all USDA variants) of 6.705% for the same period.

Green Bay's average USDA mortgage closing costs are $4,146.

The average rate for the prior week (2024-04-05) was 6.54% and one month ago for the week of 2024-03-08, the average rate was 6.5%.

The average rate one year ago was 6.3%.

For refis of the same type during the week of 2024-04-12, the average rate was 6.59%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

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 for 2024-03-01 was $454,900, a difference of $25,000 (5.8%) versus the prior year and $7,725 versus the prior month.

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 listing age (time on market) for 2024-03-01 was 46 days. This is -41% shorter than the same period one year ago.

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.