Hailey USDA Loan Rates, Closing Costs & Stats

Hailey, ID

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.

Hailey's 5 lenders originated 13 USDA loans during 2021. The total origination value was $3,535,000, with an average USDA loan value of $271,923.

Hailey USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Hailey averaged 5.92% for the week of 2023-01-27, compared to the national average (all USDA variants) of 6.195% for the same period.

Hailey's average USDA mortgage closing costs are $6,351.

The average rate for the prior week (2023-01-20) was 6.11% and one month ago for the week of 2022-12-23, the average rate was 6.24%.

The average rate one year ago was 3.59%.

For refis of the same type during the week of 2023-01-27, the average rate was 5.94%.

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

Hailey 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 Hailey level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
Flagstar Bank, FSB 8 2.66% $5,832
UNITED WHOLESALE MORTGAGE, LLC 2 2.69% $7,619
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 2.99% $6,459
GUILD MORTGAGE COMPANY 1 2.88% $9,499
Wells Fargo Bank 1 3.25% $5,253

The top Hailey USDA lender as defined by loan originations is Flagstar Bank, FSB, with 8 USDA loans originated. Their average total fees are $5,832, which is $1,788 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Hailey (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 $940,000 (20.4%) $1,719,142 (11.4%) 0.00 459
2018-02-01 $969,250 (22.3%) $1,806,920 (15.3%) 0.00 446
2018-03-01 $947,000 (18.5%) $1,751,845 (6.9%) 0.00 432
2018-04-01 $897,000 (17.1%) $1,695,587 (6.5%) 0.00 424
2018-05-01 $862,000 (12.2%) $1,635,362 (10.3%) 0.00 430
2018-06-01 $875,000 (14.8%) $1,706,426 (16.0%) 0.00 498
2018-07-01 $872,000 (12.5%) $1,723,226 (15.8%) 0.00 540
2018-08-01 $876,250 (14.8%) $1,788,922 (20.2%) 0.00 531
2018-09-01 $869,000 (12.9%) $1,791,708 (19.6%) 0.00 508
2018-10-01 $873,750 (9.9%) $1,771,130 (13.8%) 0.00 466
2018-11-01 $871,250 (1.3%) $1,781,675 (11.9%) 0.00 420
2018-12-01 $875,000 (-2.2%) $1,818,277 (10.2%) 0.00 406
2019-01-01 $875,000 (-6.9%) $1,855,547 (7.9%) 0.00 373
2019-02-01 $892,000 (-8.0%) $1,890,835 (4.6%) 0.00 358
2019-03-01 $1,043,286 (10.2%) $2,028,442 (15.8%) 0.00 337
2019-04-01 $1,158,536 (29.2%) $2,115,446 (24.8%) 0.00 317
2019-05-01 $982,500 (14.0%) $1,986,899 (21.5%) 0.00 341
2019-06-01 $995,000 (13.7%) $2,022,952 (18.6%) 0.00 375
2019-07-01 $976,000 (11.9%) $2,027,334 (17.7%) 0.00 398
2019-08-01 $977,273 (11.5%) $2,019,576 (12.9%) 0.00 392
2019-09-01 $1,018,182 (17.2%) $2,026,541 (13.1%) 0.00 367
2019-10-01 $1,100,000 (25.9%) $2,084,042 (17.7%) 0.00 346
2019-11-01 $1,195,000 (37.2%) $2,192,742 (23.1%) 0.00 309
2019-12-01 $1,275,000 (45.7%) $2,244,509 (23.4%) 0.00 301
2020-01-01 $1,330,000 (52.0%) $2,324,313 (25.3%) 0.00 267
2020-02-01 $1,360,000 (52.5%) $2,332,286 (23.4%) 0.00 271
2020-03-01 $1,260,000 (20.8%) $2,164,740 (6.7%) 0.00 282
2020-04-01 $1,255,000 (8.3%) $2,103,274 (-0.6%) 0.00 274
2020-05-01 $1,170,000 (19.1%) $2,079,441 (4.7%) 0.00 276
2020-06-01 $1,110,000 (11.6%) $2,062,106 (1.9%) 0.00 312
2020-07-01 $1,198,250 (22.8%) $2,041,263 (0.7%) 0.00 323
2020-08-01 $1,195,000 (22.3%) $2,128,169 (5.4%) 0.00 288
2020-09-01 $1,228,750 (20.7%) $2,255,024 (11.3%) 0.00 260
2020-10-01 $1,395,000 (26.8%) $2,488,286 (19.4%) 0.00 196
2020-11-01 $1,631,250 (36.5%) $2,847,026 (29.8%) 0.00 151
2020-12-01 $1,647,500 (29.2%) $2,881,208 (28.4%) 0.00 137
2021-01-01 $1,800,000 (35.3%) $3,198,253 (37.6%) 0.00 97
2021-02-01 $1,597,000 (17.4%) $3,276,117 (40.5%) 0.00 87
2021-03-01 $1,473,250 (16.9%) $3,280,688 (51.6%) 0.00 82
2021-04-01 $910,000 (-27.5%) $2,736,483 (30.1%) 0.00 93
2021-05-01 $902,500 (-22.9%) $2,757,925 (32.6%) 0.00 97
2021-06-01 $933,000 (-16.0%) $2,592,800 (25.7%) 0.00 107
2021-07-01 $1,420,000 (18.5%) $2,740,800 (34.3%) 0.00 134
2021-08-01 $1,537,500 (28.7%) $2,693,624 (26.6%) 0.00 150
2021-09-01 $1,465,500 (19.3%) $2,791,377 (23.8%) 0.00 141
2021-10-01 $1,287,500 (-7.7%) $2,428,565 (-2.4%) 0.00 131
2021-11-01 $1,353,750 (-17.0%) $2,748,589 (-3.5%) 0.00 120
2021-12-01 $1,500,000 (-9.0%) $2,907,010 (0.9%) 0.00 110
2022-01-01 $1,837,500 (2.1%) $3,191,964 (-0.2%) 0.00 89
2022-02-01 $2,036,250 (27.5%) $3,287,095 (0.3%) 0.00 80
2022-03-01 $3,050,000 (107.0%) $3,694,728 (12.6%) 0.00 81
2022-04-01 $1,800,000 (97.8%) $3,501,692 (28.0%) 0.00 84
2022-05-01 $1,523,000 (68.8%) $3,641,190 (32.0%) 0.00 91
2022-06-01 $1,661,250 (78.1%) $3,377,636 (30.3%) 0.00 137
2022-07-01 $1,495,000 (5.3%) $3,104,249 (13.3%) 0.00 197
2022-08-01 $1,320,000 (-14.2%) $2,716,453 (0.9%) 0.00 212
2022-09-01 $1,437,500 (-1.9%) $2,781,918 (-0.3%) 0.00 208
2022-10-01 $1,450,000 (12.6%) $2,916,014 (20.1%) 0.00 194
2022-11-01 $1,550,000 (14.5%) $2,996,248 (9.0%) 0.00 181
2022-12-01 $1,825,000 (21.7%) $3,311,875 (13.9%) 0.00 172
Hailey's median listing price for 2022-12-01 was $1,825,000, a difference of $325,000 (21.7%) versus the prior year and $275,000 versus the prior month.

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

Hailey's average listing price for 2022-12-01 was $3,311,875, a difference of $404,865 (13.9%) versus the prior year and $315,627 versus the prior month.

For the 2022-12-01 period, Hailey had 172 MLS listings, a difference of -9 listings (-5%) versus the prior month and 62 listings (56%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Hailey (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,584 sqft
2018-02-01 0 days 2,590 sqft
2018-03-01 0 days 2,586 sqft
2018-04-01 0 days 2,571 sqft
2018-05-01 0 days 2,462 sqft
2018-06-01 0 days 2,457 sqft
2018-07-01 0 days 2,471 sqft
2018-08-01 0 days 2,495 sqft
2018-09-01 0 days 2,486 sqft
2018-10-01 0 days 2,501 sqft
2018-11-01 0 days 2,466 sqft
2018-12-01 0 days 2,472 sqft
2019-01-01 0 days 2,348 sqft
2019-02-01 0 days 2,471 sqft
2019-03-01 0 days 2,576 sqft
2019-04-01 0 days 2,705 sqft
2019-05-01 0 days 2,508 sqft
2019-06-01 0 days 2,487 sqft
2019-07-01 0 days 2,506 sqft
2019-08-01 0 days 2,520 sqft
2019-09-01 0 days 2,543 sqft
2019-10-01 0 days 2,604 sqft
2019-11-01 0 days 2,657 sqft
2019-12-01 0 days 2,688 sqft
2020-01-01 0 days 2,734 sqft
2020-02-01 0 days 2,756 sqft
2020-03-01 0 days 2,507 sqft
2020-04-01 0 days 2,479 sqft
2020-05-01 0 days 2,400 sqft
2020-06-01 0 days 2,396 sqft
2020-07-01 0 days 2,466 sqft
2020-08-01 0 days 2,480 sqft
2020-09-01 0 days 2,588 sqft
2020-10-01 0 days 2,846 sqft
2020-11-01 0 days 2,933 sqft
2020-12-01 0 days 2,962 sqft
2021-01-01 0 days 2,996 sqft
2021-02-01 0 days 3,091 sqft
2021-03-01 0 days 2,946 sqft
2021-04-01 0 days 2,607 sqft
2021-05-01 0 days 2,380 sqft
2021-06-01 0 days 2,451 sqft
2021-07-01 0 days 2,605 sqft
2021-08-01 0 days 2,491 sqft
2021-09-01 0 days 2,525 sqft
2021-10-01 0 days 2,241 sqft
2021-11-01 0 days 2,276 sqft
2021-12-01 0 days 2,487 sqft
2022-01-01 0 days 2,548 sqft
2022-02-01 0 days 2,685 sqft
2022-03-01 0 days 2,901 sqft
2022-04-01 0 days 2,680 sqft
2022-05-01 0 days 2,730 sqft
2022-06-01 0 days 2,670 sqft
2022-07-01 0 days 2,496 sqft
2022-08-01 0 days 2,181 sqft
2022-09-01 0 days 2,211 sqft
2022-10-01 0 days 2,293 sqft
2022-11-01 0 days 2,519 sqft
2022-12-01 0 days 2,715 sqft
Hailey's median listing age (time on market) for 2022-12-01 was 0 days.

Hailey's median square footage for active listings during the 2022-12-01 period was 2,715 sqft. One year prior, the average listing was 2,487 sqft.