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%.
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. LouisDate | 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 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. LouisDate | 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 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.