Hays USDA Loan Rates, Closing Costs & Stats

Hays, KS

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    • 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.

    Hays's 7 lenders originated 9 USDA loans during 2023. The total origination value was $1,625,000, with an average USDA loan value of $180,556.

    Hays USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Hays averaged 6.5% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Hays's average USDA mortgage closing costs are $3,942.

    The average rate for the prior week (2025-02-07) was 6.06% and one month ago for the week of 2025-01-10, the average rate was 6.41%.

    The average rate one year ago was 6.2%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.53%.

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

    Hays 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 Hays level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GOLDEN PLAINS 2 6.75% $4,031
    Sunflower Bank 2 5.88% $6,244
    FLAT BRANCH MORTGAGE, INC. 1 8.13% $4,912
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.75% $6,456
    OPEN MORTGAGE, LLC 1 7.13% $7,223
    UNITED WHOLESALE MORTGAGE, LLC 1 5.63% $7,340
    Flagstar Bank, FSB 1 7.55% $4,016

    The top Hays USDA lender as defined by loan originations is GOLDEN PLAINS, with 2 USDA loans originated. Their average total fees are $4,031, which is $2,213 lower than the next largest lender, Sunflower Bank.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Hays (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 $165,000 (-2.5%) $200,311 (-3.0%) 0.00 176
    2018-02-01 $165,725 (-5.0%) $201,840 (-3.7%) 0.00 172
    2018-03-01 $168,900 (-3.1%) $202,229 (-3.4%) 0.00 162
    2018-04-01 $181,999 (4.6%) $207,875 (-1.6%) 0.00 169
    2018-05-01 $165,000 (-2.0%) $205,254 (-1.2%) 0.00 172
    2018-06-01 $169,900 (0.2%) $200,679 (-3.6%) 0.00 179
    2018-07-01 $164,850 (1.1%) $198,210 (-3.0%) 0.00 185
    2018-08-01 $149,900 (-11.0%) $192,852 (-5.9%) 0.00 192
    2018-09-01 $145,000 (-15.7%) $182,753 (-12.3%) 0.00 193
    2018-10-01 $138,950 (-15.8%) $173,047 (-15.6%) 0.00 185
    2018-11-01 $138,900 (-15.3%) $167,675 (-16.0%) 0.00 178
    2018-12-01 $138,900 (-15.8%) $160,939 (-19.4%) 0.00 177
    2019-01-01 $146,225 (-11.4%) $166,683 (-16.8%) 0.00 162
    2019-02-01 $139,975 (-15.5%) $164,320 (-18.6%) 0.00 164
    2019-03-01 $147,514 (-12.7%) $174,817 (-13.6%) 0.00 156
    2019-04-01 $152,789 (-16.1%) $185,911 (-10.6%) 0.00 148
    2019-05-01 $147,450 (-10.6%) $182,997 (-10.8%) 0.00 164
    2019-06-01 $149,000 (-12.3%) $179,358 (-10.6%) 0.00 170
    2019-07-01 $145,000 (-12.0%) $181,442 (-8.5%) 0.00 168
    2019-08-01 $147,750 (-1.4%) $179,140 (-7.1%) 0.00 163
    2019-09-01 $145,500 (0.3%) $176,106 (-3.6%) 0.00 158
    2019-10-01 $144,375 (3.9%) $174,309 (0.7%) 0.00 152
    2019-11-01 $144,700 (4.2%) $173,624 (3.6%) 0.00 140
    2019-12-01 $141,575 (1.9%) $177,982 (10.6%) 0.00 127
    2020-01-01 $139,975 (-4.3%) $178,885 (7.3%) 0.00 118
    2020-02-01 $140,000 (0.0%) $196,457 (19.6%) 0.00 117
    2020-03-01 $145,875 (-1.1%) $207,813 (18.9%) 0.00 113
    2020-04-01 $148,000 (-3.1%) $211,198 (13.6%) 0.00 101
    2020-05-01 $150,000 (1.7%) $214,209 (17.1%) 0.00 93
    2020-06-01 $158,850 (6.6%) $228,090 (27.2%) 0.00 87
    2020-07-01 $170,400 (17.5%) $235,138 (29.6%) 0.00 90
    2020-08-01 $179,948 (21.8%) $244,776 (36.6%) 0.00 88
    2020-09-01 $168,675 (15.9%) $235,804 (33.9%) 0.00 85
    2020-10-01 $169,950 (17.7%) $249,473 (43.1%) 0.00 82
    2020-11-01 $167,175 (15.5%) $257,145 (48.1%) 0.00 61
    2020-12-01 $155,500 (9.8%) $252,778 (42.0%) 0.00 58
    2021-01-01 $157,000 (12.2%) $269,098 (50.4%) 0.00 50
    2021-02-01 $165,000 (17.9%) $272,976 (39.0%) 0.00 42
    2021-03-01 $212,225 (45.5%) $325,988 (56.9%) 0.00 39
    2021-04-01 $183,750 (24.2%) $279,603 (32.4%) 0.00 43
    2021-05-01 $182,500 (21.7%) $292,139 (36.4%) 0.00 49
    2021-06-01 $187,500 (18.0%) $273,289 (19.8%) 0.00 52
    2021-07-01 $179,000 (5.1%) $257,798 (9.6%) 0.00 46
    2021-08-01 $182,500 (1.4%) $256,083 (4.6%) 0.00 40
    2021-09-01 $183,750 (8.9%) $261,002 (10.7%) 0.00 45
    2021-10-01 $170,000 (0.0%) $264,580 (6.1%) 0.00 45
    2021-11-01 $165,475 (-1.0%) $260,341 (1.2%) 0.00 52
    2021-12-01 $162,475 (4.5%) $256,499 (1.5%) 0.00 43
    2022-01-01 $162,450 (3.5%) $265,088 (-1.5%) 0.00 28
    2022-02-01 $168,750 (2.3%) $328,035 (20.2%) 0.00 16
    2022-03-01 $195,450 (-7.9%) $287,506 (-11.8%) 0.00 24
    2022-04-01 $202,500 (10.2%) $287,930 (3.0%) 0.00 24
    2022-05-01 $212,500 (16.4%) $253,785 (-13.1%) 0.00 34
    2022-06-01 $178,250 (-4.9%) $240,606 (-12.0%) 0.00 42
    2022-07-01 $175,000 (-2.2%) $221,837 (-14.0%) 0.00 53
    2022-08-01 $165,000 (-9.6%) $256,853 (0.3%) 0.00 59
    2022-09-01 $166,750 (-9.3%) $258,103 (-1.1%) 0.00 55
    2022-10-01 $176,750 (4.0%) $274,872 (3.9%) 0.00 60
    2022-11-01 $180,750 (9.2%) $282,330 (8.5%) 0.00 50
    2022-12-01 $179,000 (10.2%) $287,828 (12.2%) 0.00 53
    2023-01-01 $179,975 (10.8%) $313,277 (18.2%) 0.00 50
    2023-02-01 $224,950 (33.3%) $344,033 (4.9%) 0.00 47
    2023-03-01 $229,950 (17.7%) $348,252 (21.1%) 0.00 47
    2023-04-01 $239,000 (18.0%) $359,898 (25.0%) 0.00 46
    2023-05-01 $239,500 (12.7%) $366,166 (44.3%) 0.00 51
    2023-06-01 $232,225 (30.3%) $355,086 (47.6%) 0.00 54
    2023-07-01 $257,450 (47.1%) $362,740 (63.5%) 0.00 53
    2023-08-01 $252,500 (53.0%) $349,337 (36.0%) 0.00 59
    2023-09-01 $241,500 (44.8%) $343,889 (33.2%) 0.00 62
    2023-10-01 $249,500 (41.2%) $341,472 (24.2%) 0.00 63
    2023-11-01 $233,700 (29.3%) $336,687 (19.3%) 0.00 60
    2023-12-01 $234,900 (31.2%) $339,829 (18.1%) 0.00 55
    2024-01-01 $232,125 (29.0%) $331,815 (5.9%) 0.00 54
    2024-02-01 $242,500 (7.8%) $352,110 (2.4%) 0.00 47
    2024-03-01 $236,000 (2.6%) $334,427 (-4.0%) 0.00 52
    2024-04-01 $237,375 (-0.7%) $342,404 (-4.9%) 0.00 60
    2024-05-01 $277,500 (15.9%) $355,243 (-3.0%) 0.00 63
    2024-06-01 $289,500 (24.7%) $354,277 (-0.2%) 0.00 68
    2024-07-01 $251,250 (-2.4%) $358,147 (-1.3%) 0.00 75
    2024-08-01 $250,000 (-1.0%) $353,239 (1.1%) 0.00 77
    2024-09-01 $254,000 (5.2%) $350,092 (1.8%) 0.00 80
    2024-10-01 $244,500 (-2.0%) $346,992 (1.6%) 0.00 77
    2024-11-01 $240,000 (2.7%) $348,016 (3.4%) 0.00 74
    2024-12-01 $228,750 (-2.6%) $335,828 (-1.2%) 0.00 75
    2025-01-01 $229,000 (-1.4%) $337,591 (1.7%) 0.00 74
    Hays's median listing price for 2025-01-01 was $229,000, a difference of $-3,125 (-1.4%) versus the prior year and $250 versus the prior month.

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

    Hays's average listing price for 2025-01-01 was $337,591, a difference of $5,776 (1.7%) versus the prior year and $1,763 versus the prior month.

    For the 2025-01-01 period, Hays had 74 MLS listings, a difference of -1 listings (-1%) versus the prior month and 20 listings (37%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Hays (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,116 sqft
    2018-02-01 0 days 2,136 sqft
    2018-03-01 0 days 2,165 sqft
    2018-04-01 0 days 2,225 sqft
    2018-05-01 0 days 2,165 sqft
    2018-06-01 0 days 2,106 sqft
    2018-07-01 0 days 2,104 sqft
    2018-08-01 0 days 2,084 sqft
    2018-09-01 0 days 2,076 sqft
    2018-10-01 0 days 2,006 sqft
    2018-11-01 0 days 1,908 sqft
    2018-12-01 0 days 1,924 sqft
    2019-01-01 0 days 2,004 sqft
    2019-02-01 0 days 1,902 sqft
    2019-03-01 0 days 1,944 sqft
    2019-04-01 0 days 2,011 sqft
    2019-05-01 0 days 2,021 sqft
    2019-06-01 0 days 1,976 sqft
    2019-07-01 0 days 1,936 sqft
    2019-08-01 0 days 1,861 sqft
    2019-09-01 0 days 1,843 sqft
    2019-10-01 0 days 1,832 sqft
    2019-11-01 0 days 1,878 sqft
    2019-12-01 0 days 1,832 sqft
    2020-01-01 0 days 1,789 sqft
    2020-02-01 0 days 1,898 sqft
    2020-03-01 0 days 1,906 sqft
    2020-04-01 0 days 1,916 sqft
    2020-05-01 0 days 1,900 sqft
    2020-06-01 0 days 1,825 sqft
    2020-07-01 0 days 1,742 sqft
    2020-08-01 0 days 2,197 sqft
    2020-09-01 0 days 1,964 sqft
    2020-10-01 0 days 1,959 sqft
    2020-11-01 0 days 1,946 sqft
    2020-12-01 0 days 1,915 sqft
    2021-01-01 0 days 1,911 sqft
    2021-02-01 0 days 1,838 sqft
    2021-03-01 0 days 1,927 sqft
    2021-04-01 0 days 1,824 sqft
    2021-05-01 0 days 1,808 sqft
    2021-06-01 0 days 1,931 sqft
    2021-07-01 0 days 1,824 sqft
    2021-08-01 0 days 1,844 sqft
    2021-09-01 0 days 1,846 sqft
    2021-10-01 0 days 1,808 sqft
    2021-11-01 0 days 1,803 sqft
    2021-12-01 0 days 1,828 sqft
    2022-01-01 0 days 1,821 sqft
    2022-02-01 0 days 1,892 sqft
    2022-03-01 0 days 1,967 sqft
    2022-04-01 0 days 2,158 sqft
    2022-05-01 0 days 2,076 sqft
    2022-06-01 0 days 2,075 sqft
    2022-07-01 0 days 1,920 sqft
    2022-08-01 0 days 1,811 sqft
    2022-09-01 0 days 1,775 sqft
    2022-10-01 0 days 1,849 sqft
    2022-11-01 0 days 1,849 sqft
    2022-12-01 0 days 1,848 sqft
    2023-01-01 0 days 1,858 sqft
    2023-02-01 0 days 1,947 sqft
    2023-03-01 0 days 1,895 sqft
    2023-04-01 0 days 2,136 sqft
    2023-05-01 0 days 2,307 sqft
    2023-06-01 0 days 2,385 sqft
    2023-07-01 0 days 2,399 sqft
    2023-08-01 0 days 2,393 sqft
    2023-09-01 0 days 2,280 sqft
    2023-10-01 0 days 2,322 sqft
    2023-11-01 0 days 2,306 sqft
    2023-12-01 0 days 2,192 sqft
    2024-01-01 0 days 2,188 sqft
    2024-02-01 0 days 2,360 sqft
    2024-03-01 0 days 2,198 sqft
    2024-04-01 0 days 2,248 sqft
    2024-05-01 0 days 2,389 sqft
    2024-06-01 0 days 2,280 sqft
    2024-07-01 0 days 2,281 sqft
    2024-08-01 0 days 2,324 sqft
    2024-09-01 0 days 2,164 sqft
    2024-10-01 0 days 2,147 sqft
    2024-11-01 0 days 2,085 sqft
    2024-12-01 0 days 2,007 sqft
    2025-01-01 0 days 2,052 sqft
    Hays's median listing age (time on market) for 2025-01-01 was 0 days.

    Hays's median square footage for active listings during the 2025-01-01 period was 2,052 sqft. One year prior, the average listing was 2,188 sqft.