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 -0.32% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

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

    The average rate for the prior week (2024-11-08) was 6.23% and one month ago for the week of 2024-10-11, the average rate was 5.99%.

    The average rate one year ago was 7.12%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0.1%.

    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 $165,725 (-1.9%) $201,106 (-2.7%) 0.00 175
    2018-02-01 $166,450 (-4.6%) $202,654 (-3.3%) 0.00 171
    2018-03-01 $169,900 (-2.5%) $203,097 (-2.9%) 0.00 161
    2018-04-01 $182,498 (4.9%) $208,775 (-1.1%) 0.00 168
    2018-05-01 $167,250 (-0.7%) $206,123 (-0.8%) 0.00 171
    2018-06-01 $169,900 (0.2%) $201,475 (-3.2%) 0.00 178
    2018-07-01 $166,175 (2.0%) $198,975 (-2.6%) 0.00 184
    2018-08-01 $150,175 (-10.8%) $193,567 (-5.6%) 0.00 191
    2018-09-01 $145,000 (-15.7%) $183,558 (-11.9%) 0.00 190
    2018-10-01 $138,425 (-16.1%) $173,040 (-15.6%) 0.00 184
    2018-11-01 $138,900 (-15.6%) $167,495 (-16.4%) 0.00 178
    2018-12-01 $138,900 (-15.8%) $160,621 (-19.9%) 0.00 177
    2019-01-01 $145,250 (-12.4%) $166,345 (-17.3%) 0.00 162
    2019-02-01 $139,700 (-16.1%) $163,792 (-19.2%) 0.00 165
    2019-03-01 $145,400 (-14.4%) $174,269 (-14.2%) 0.00 156
    2019-04-01 $150,050 (-17.8%) $185,684 (-11.1%) 0.00 147
    2019-05-01 $146,000 (-12.7%) $183,016 (-11.2%) 0.00 160
    2019-06-01 $146,500 (-13.8%) $179,297 (-11.0%) 0.00 168
    2019-07-01 $145,000 (-12.7%) $181,257 (-8.9%) 0.00 167
    2019-08-01 $146,305 (-2.6%) $178,205 (-7.9%) 0.00 161
    2019-09-01 $144,136 (-0.6%) $174,262 (-5.1%) 0.00 156
    2019-10-01 $143,341 (3.6%) $172,172 (-0.5%) 0.00 149
    2019-11-01 $144,900 (4.3%) $173,389 (3.5%) 0.00 140
    2019-12-01 $141,575 (1.9%) $177,982 (10.8%) 0.00 127
    2020-01-01 $139,975 (-3.6%) $178,885 (7.5%) 0.00 118
    2020-02-01 $140,000 (0.2%) $196,457 (19.9%) 0.00 117
    2020-03-01 $145,875 (0.3%) $207,813 (19.3%) 0.00 113
    2020-04-01 $148,000 (-1.4%) $211,198 (13.7%) 0.00 101
    2020-05-01 $150,000 (2.7%) $214,209 (17.0%) 0.00 93
    2020-06-01 $158,850 (8.4%) $228,090 (27.2%) 0.00 87
    2020-07-01 $170,400 (17.5%) $235,138 (29.7%) 0.00 90
    2020-08-01 $179,948 (23.0%) $244,776 (37.4%) 0.00 88
    2020-09-01 $168,675 (17.0%) $235,804 (35.3%) 0.00 85
    2020-10-01 $169,950 (18.6%) $249,473 (44.9%) 0.00 82
    2020-11-01 $167,175 (15.4%) $257,145 (48.3%) 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 $282,500 (18.0%) $360,714 (-1.5%) 0.00 63
    2024-06-01 $297,500 (28.1%) $359,294 (1.2%) 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
    Hays's median listing price for 2024-10-01 was $244,500, a difference of $-5,000 (-2.0%) versus the prior year and $-9,500 versus the prior month.

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

    Hays's average listing price for 2024-10-01 was $346,992, a difference of $5,520 (1.6%) versus the prior year and $-3,100 versus the prior month.

    For the 2024-10-01 period, Hays had 77 MLS listings, a difference of -3 listings (-4%) versus the prior month and 14 listings (22%) 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 2,121 sqft
    2018-02-01 0 days 2,142 sqft
    2018-03-01 0 days 2,177 sqft
    2018-04-01 0 days 2,244 sqft
    2018-05-01 0 days 2,169 sqft
    2018-06-01 0 days 2,110 sqft
    2018-07-01 0 days 2,107 sqft
    2018-08-01 0 days 2,087 sqft
    2018-09-01 0 days 2,080 sqft
    2018-10-01 0 days 2,002 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 1,897 sqft
    2019-03-01 0 days 1,952 sqft
    2019-04-01 0 days 2,016 sqft
    2019-05-01 0 days 2,018 sqft
    2019-06-01 0 days 1,973 sqft
    2019-07-01 0 days 1,945 sqft
    2019-08-01 0 days 1,889 sqft
    2019-09-01 0 days 1,856 sqft
    2019-10-01 0 days 1,826 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 1,890 sqft
    2020-03-01 0 days 1,906 sqft
    2020-04-01 0 days 1,914 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 1,947 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 1,854 sqft
    2021-03-01 0 days 1,927 sqft
    2021-04-01 0 days 1,820 sqft
    2021-05-01 0 days 1,797 sqft
    2021-06-01 0 days 1,928 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 2,289 sqft
    2023-12-01 0 days 2,188 sqft
    2024-01-01 0 days 2,184 sqft
    2024-02-01 0 days 2,333 sqft
    2024-03-01 0 days 2,195 sqft
    2024-04-01 0 days 2,238 sqft
    2024-05-01 0 days 2,350 sqft
    2024-06-01 0 days 2,284 sqft
    2024-07-01 0 days 2,272 sqft
    2024-08-01 0 days 2,285 sqft
    2024-09-01 0 days 2,128 sqft
    2024-10-01 0 days 2,128 sqft
    Hays's median listing age (time on market) for 2024-10-01 was 0 days.

    Hays's median square footage for active listings during the 2024-10-01 period was 2,128 sqft. One year prior, the average listing was 2,322 sqft.