Green Bay USDA Loans

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 16 lenders originated 43 USDA loans during 2021. The total origination value was $6,845,000, with an average USDA loan value of $159,186.

Green Bay USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Green Bay averaged 5.35% for the week of 2022-08-05, compared to the national average (all USDA variants) of 5.294% for the same period.

The average rate for the prior week (2022-07-29) was 5.37% and one month ago for the week of 2022-07-01, the average rate was 5.6%.

The average rate one year ago was 3.29%.

For refis of the same type during the week of 2022-08-05, the average rate was 5.16%.

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 and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Green Bay level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
Flagstar Bank, FSB 9 2.92% $4,247
PARKSIDE LENDING, LLC 7 3.07% $3,757
FINANCE OF AMERICA MORTGAGE LLC 6 2.98% $4,997
UNITED WHOLESALE MORTGAGE, LLC 4 2.90% $3,715
Waterstone Mortgage Corporation 2 3.19% $5,853
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 2.63% $3,760
INLANTA MORTGAGE, INC. 2 3.13% $4,114
TOWNE MORTGAGE COMPANY 2 3.63% $4,201
Johnson Bank 1 2.75% $4,772
Barrington Bank & Trust Company, N.A. 1 3.25% $4,068
CoVantage Credit Union 1 2.88% $5,971
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.50% $3,198
AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.13% $4,263
MICHIGAN MUTUAL, INC. 1 3.25% $4,135
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.00% $4,448
SUCCESS MORTGAGE PARTNERS, INC. 1 3.13% $5,714

The top Green Bay USDA lender as defined by loan originations is Flagstar Bank, FSB, with 9 USDA loans originated. Their average total fees are $4,247, which is $490 higher than the next largest lender, PARKSIDE LENDING, LLC.

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 $219,900 (20.6%) $270,314 (17.1%) 0.81 1,136
2018-02-01 $219,400 (17.4%) $268,501 (13.3%) 0.79 1,148
2018-03-01 $219,900 (15.8%) $267,700 (11.2%) 0.76 1,163
2018-04-01 $256,950 (35.3%) $308,025 (29.0%) 0.86 799
2018-05-01 $259,900 (30.7%) $308,039 (28.1%) 0.87 837
2018-06-01 $249,900 (25.0%) $300,484 (24.8%) 0.83 934
2018-07-01 $249,900 (25.0%) $300,330 (26.6%) 0.83 989
2018-08-01 $244,950 (24.7%) $291,549 (21.3%) 0.82 1,073
2018-09-01 $239,900 (23.1%) $288,818 (18.8%) 0.80 1,100
2018-10-01 $237,950 (19.3%) $282,355 (15.6%) 0.80 1,057
2018-11-01 $232,700 (16.4%) $279,267 (11.1%) 0.78 1,013
2018-12-01 $234,900 (12.4%) $282,962 (8.9%) 0.80 924
2019-01-01 $244,450 (11.2%) $281,136 (4.0%) 0.84 818
2019-02-01 $249,950 (13.9%) $294,061 (9.5%) 0.84 757
2019-03-01 $256,386 (16.6%) $302,470 (13.0%) 0.84 745
2019-04-01 $261,336 (1.7%) $306,587 (-0.5%) 0.82 753
2019-05-01 $268,450 (3.3%) $310,202 (0.7%) 0.83 818
2019-06-01 $264,900 (6.0%) $306,224 (1.9%) 0.82 917
2019-07-01 $259,900 (4.0%) $294,233 (-2.0%) 0.81 995
2019-08-01 $255,100 (4.1%) $289,120 (-0.8%) 0.80 1,011
2019-09-01 $249,900 (4.2%) $288,674 (-0.1%) 0.79 1,012
2019-10-01 $252,400 (6.1%) $295,369 (4.6%) 0.81 966
2019-11-01 $264,900 (13.8%) $303,028 (8.5%) 0.85 835
2019-12-01 $269,450 (14.7%) $313,300 (10.7%) 0.90 781
2020-01-01 $274,500 (12.3%) $325,140 (15.7%) 0.92 703
2020-02-01 $276,900 (10.8%) $328,046 (11.6%) 0.89 678
2020-03-01 $283,900 (10.7%) $332,547 (9.9%) 0.89 700
2020-04-01 $282,400 (8.1%) $337,511 (10.1%) 0.88 690
2020-05-01 $297,000 (10.6%) $354,919 (14.4%) 0.90 638
2020-06-01 $297,000 (12.1%) $349,373 (14.1%) 0.87 617
2020-07-01 $296,950 (14.3%) $354,282 (20.4%) 0.85 567
2020-08-01 $289,900 (13.6%) $350,683 (21.3%) 0.83 541
2020-09-01 $272,400 (9.0%) $341,304 (18.2%) 0.78 521
2020-10-01 $277,900 (10.1%) $348,745 (18.1%) 0.79 495
2020-11-01 $274,900 (3.8%) $354,127 (16.9%) 0.79 468
2020-12-01 $275,200 (2.1%) $354,111 (13.0%) 0.81 413
2021-01-01 $279,900 (2.0%) $359,373 (10.5%) 0.82 343
2021-02-01 $292,400 (5.6%) $384,309 (17.2%) 0.84 298
2021-03-01 $309,950 (9.2%) $400,661 (20.5%) 0.87 285
2021-04-01 $297,400 (5.3%) $394,967 (17.0%) 0.80 290
2021-05-01 $299,900 (1.0%) $392,430 (10.6%) 0.79 302
2021-06-01 $304,950 (2.7%) $379,425 (8.6%) 0.79 345
2021-07-01 $318,400 (7.2%) $388,153 (9.6%) 0.83 395
2021-08-01 $321,250 (10.8%) $395,803 (12.9%) 0.84 418
2021-09-01 $309,900 (13.8%) $377,745 (10.7%) 0.82 446
2021-10-01 $319,900 (15.1%) $372,676 (6.9%) 0.84 447
2021-11-01 $326,900 (18.9%) $392,195 (10.8%) 0.86 362
2021-12-01 $337,400 (22.6%) $412,403 (16.5%) 0.90 318
2022-01-01 $334,900 (19.7%) $428,982 (19.4%) 0.89 267
2022-02-01 $345,900 (18.3%) $446,788 (16.3%) 0.88 240
2022-03-01 $349,900 (12.9%) $451,561 (12.7%) 0.86 245
2022-04-01 $384,900 (29.4%) $464,187 (17.5%) 0.91 324
2022-05-01 $384,950 (28.4%) $458,194 (16.8%) 0.86 373
2022-06-01 $397,000 (30.2%) $465,786 (22.8%) 0.88 454
Green Bay's median listing price for 2022-06-01 was $397,000, a difference of $92,050 (30.2%) versus the prior year and $12,050 versus the prior month.

Green Bay's median listing price comes in at 88% of the national average.

Green Bay's average listing price for 2022-06-01 was $465,786, a difference of $86,361 (22.8%) versus the prior year and $7,592 versus the prior month.

For the 2022-06-01 period, Green Bay had 454 MLS listings, a difference of 81 listings (22%) versus the prior month and 109 listings (32%) 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
2018-01-01 102 days 1,791 sqft
2018-02-01 102 days 1,787 sqft
2018-03-01 74 days 1,827 sqft
2018-04-01 65 days 1,852 sqft
2018-05-01 59 days 1,864 sqft
2018-06-01 53 days 1,868 sqft
2018-07-01 56 days 1,871 sqft
2018-08-01 60 days 1,869 sqft
2018-09-01 67 days 1,850 sqft
2018-10-01 69 days 1,821 sqft
2018-11-01 77 days 1,815 sqft
2018-12-01 92 days 1,801 sqft
2019-01-01 97 days 1,812 sqft
2019-02-01 100 days 1,845 sqft
2019-03-01 91 days 1,829 sqft
2019-04-01 72 days 1,812 sqft
2019-05-01 57 days 1,856 sqft
2019-06-01 51 days 1,852 sqft
2019-07-01 54 days 1,869 sqft
2019-08-01 57 days 1,857 sqft
2019-09-01 65 days 1,819 sqft
2019-10-01 65 days 1,807 sqft
2019-11-01 73 days 1,808 sqft
2019-12-01 84 days 1,798 sqft
2020-01-01 99 days 1,786 sqft
2020-02-01 98 days 1,796 sqft
2020-03-01 69 days 1,836 sqft
2020-04-01 70 days 1,854 sqft
2020-05-01 78 days 1,899 sqft
2020-06-01 73 days 1,884 sqft
2020-07-01 58 days 1,904 sqft
2020-08-01 53 days 1,860 sqft
2020-09-01 53 days 1,841 sqft
2020-10-01 57 days 1,852 sqft
2020-11-01 60 days 1,811 sqft
2020-12-01 67 days 1,730 sqft
2021-01-01 78 days 1,730 sqft
2021-02-01 73 days 1,734 sqft
2021-03-01 53 days 1,844 sqft
2021-04-01 44 days 1,831 sqft
2021-05-01 39 days 1,800 sqft
2021-06-01 38 days 1,747 sqft
2021-07-01 42 days 1,793 sqft
2021-08-01 43 days 1,801 sqft
2021-09-01 47 days 1,786 sqft
2021-10-01 47 days 1,776 sqft
2021-11-01 52 days 1,796 sqft
2021-12-01 60 days 1,764 sqft
2022-01-01 69 days 1,706 sqft
2022-02-01 74 days 1,732 sqft
2022-03-01 52 days 1,808 sqft
2022-04-01 29 days 1,651 sqft
2022-05-01 43 days 1,650 sqft
2022-06-01 42 days 1,670 sqft
Green Bay's median listing age (time on market) for 2022-06-01 was 42 days. This is 9% longer than the same period one year ago.

Green Bay's median square footage for active listings during the 2022-06-01 period was 1,670 sqft. One year prior, the average listing was 1,747 sqft.