Helena USDA Loan Rates, Closing Costs & Stats

Helena-West Helena, AR

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Helena's 3 lenders originated 6 USDA loans during 2023. The total origination value was $550,000, with an average USDA loan value of $91,667.

    Helena USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Helena averaged 6.96% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Helena's average USDA mortgage closing costs are $4,227.

    The average rate for the prior week (2024-04-12) was 6.52% and one month ago for the week of 2024-03-15, the average rate was 6.6%.

    The average rate one year ago was 6.34%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.66%.

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

    Helena 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 Helena level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    FIRST COMMUNITY MORTGAGE, INC. 2 6.56% $5,072
    MORTGAGE FINANCIAL SERVICES, LLC 2 7.00% $4,789
    Renasant Bank 2 6.50% $4,136

    The top Helena USDA lender as defined by loan originations is FIRST COMMUNITY MORTGAGE, INC., with 2 USDA loans originated. Their average total fees are $5,072, which is $283 higher than the next largest lender, MORTGAGE FINANCIAL SERVICES, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Helena (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 $44,700 (-35.1%) $58,658 (-25.2%) 0.00 16
    2018-02-01 $42,450 (-19.1%) $55,389 (-22.0%) 0.00 18
    2018-03-01 $42,450 (-26.1%) $51,518 (-28.3%) 0.00 19
    2018-04-01 $51,280 (-16.6%) $50,923 (-40.3%) 0.00 20
    2018-05-01 $50,080 (-36.6%) $48,568 (-51.8%) 0.00 18
    2018-06-01 $47,500 (-41.4%) $51,647 (-54.7%) 0.00 16
    2018-07-01 $41,325 (-47.9%) $49,235 (-50.9%) 0.00 19
    2018-08-01 $26,175 (-58.3%) $39,611 (-54.6%) 0.00 21
    2018-09-01 $25,000 (-57.6%) $33,098 (-56.2%) 0.00 19
    2018-10-01 $23,500 (-52.5%) $29,222 (-52.8%) 0.00 15
    2018-11-01 $24,900 (-52.3%) $36,393 (-42.6%) 0.00 14
    2018-12-01 $30,000 (-39.4%) $54,810 (-7.0%) 0.00 15
    2019-01-01 $28,950 (-35.2%) $49,746 (-15.2%) 0.00 16
    2019-02-01 $36,225 (-14.7%) $50,141 (-9.5%) 0.00 14
    2019-03-01 $47,121 (11.0%) $57,813 (12.2%) 0.00 17
    2019-04-01 $58,430 (13.9%) $65,646 (28.9%) 0.00 19
    2019-05-01 $50,930 (1.7%) $96,440 (98.6%) 0.00 15
    2019-06-01 $49,900 (5.1%) $89,535 (73.4%) 0.00 14
    2019-07-01 $49,650 (20.2%) $92,671 (88.2%) 0.00 13
    2019-08-01 $60,000 (129.2%) $110,197 (178.2%) 0.00 12
    2019-09-01 $60,000 (140.0%) $114,785 (246.8%) 0.00 12
    2019-10-01 $60,000 (155.3%) $117,844 (303.3%) 0.00 11
    2019-11-01 $53,000 (112.9%) $55,403 (52.2%) 0.00 16
    2019-12-01 $62,500 (108.3%) $60,979 (11.3%) 0.00 14
    2020-01-01 $60,625 (109.4%) $64,665 (30.0%) 0.00 14
    2020-02-01 $58,900 (62.6%) $115,578 (130.5%) 0.00 15
    2020-03-01 $48,975 (3.9%) $72,316 (25.1%) 0.00 13
    2020-04-01 $79,000 (35.2%) $118,704 (80.8%) 0.00 12
    2020-05-01 $79,000 (55.1%) $124,700 (29.3%) 0.00 9
    2020-06-01 $79,000 (58.3%) $121,968 (36.2%) 0.00 11
    2020-07-01 $48,475 (-2.4%) $91,650 (-1.1%) 0.00 17
    2020-08-01 $27,250 (-54.6%) $55,600 (-49.5%) 0.00 22
    2020-09-01 $58,000 (-3.3%) $58,976 (-48.6%) 0.00 26
    2020-10-01 $25,000 (-58.3%) $54,537 (-53.7%) 0.00 24
    2020-11-01 $39,000 (-26.4%) $59,801 (7.9%) 0.00 24
    2020-12-01 $40,750 (-34.8%) $58,255 (-4.5%) 0.00 22
    2021-01-01 $50,200 (-17.2%) $59,886 (-7.4%) 0.00 21
    2021-02-01 $44,675 (-24.2%) $60,727 (-47.5%) 0.00 20
    2021-03-01 $35,000 (-28.5%) $66,051 (-8.7%) 0.00 21
    2021-04-01 $34,000 (-57.0%) $66,311 (-44.1%) 0.00 18
    2021-05-01 $30,000 (-62.0%) $68,233 (-45.3%) 0.00 19
    2021-06-01 $30,000 (-62.0%) $66,685 (-45.3%) 0.00 19
    2021-07-01 $27,500 (-43.3%) $75,606 (-17.5%) 0.00 18
    2021-08-01 $28,675 (5.2%) $77,425 (39.3%) 0.00 18
    2021-09-01 $29,975 (-48.3%) $73,673 (24.9%) 0.00 21
    2021-10-01 $36,500 (46.0%) $75,169 (37.8%) 0.00 28
    2021-11-01 $38,000 (-2.6%) $78,383 (31.1%) 0.00 31
    2021-12-01 $48,000 (17.8%) $100,792 (73.0%) 0.00 28
    2022-01-01 $48,000 (-4.4%) $98,814 (65.0%) 0.00 28
    2022-02-01 $48,000 (7.4%) $110,911 (82.6%) 0.00 30
    2022-03-01 $40,000 (14.3%) $110,457 (67.2%) 0.00 28
    2022-04-01 $53,313 (56.8%) $119,267 (79.9%) 0.00 20
    2022-05-01 $42,250 (40.8%) $96,545 (41.5%) 0.00 22
    2022-06-01 $70,000 (133.3%) $122,144 (83.2%) 0.00 30
    2022-07-01 $65,000 (136.4%) $130,665 (72.8%) 0.00 29
    2022-08-01 $65,000 (126.7%) $123,194 (59.1%) 0.00 29
    2022-09-01 $62,225 (107.6%) $118,828 (61.3%) 0.00 29
    2022-10-01 $64,500 (76.7%) $102,375 (36.2%) 0.00 31
    2022-11-01 $64,500 (69.7%) $103,303 (31.8%) 0.00 29
    2022-12-01 $119,950 (149.9%) $136,250 (35.2%) 0.00 19
    2023-01-01 $144,925 (201.9%) $158,591 (60.5%) 0.00 19
    2023-02-01 $149,900 (212.3%) $155,441 (40.2%) 0.00 23
    2023-03-01 $139,675 (249.2%) $143,671 (30.1%) 0.00 22
    2023-04-01 $119,500 (124.2%) $145,100 (21.7%) 0.00 16
    2023-05-01 $132,500 (213.6%) $155,660 (61.2%) 0.00 21
    2023-06-01 $103,863 (48.4%) $134,442 (10.1%) 0.00 25
    2023-07-01 $116,403 (79.1%) $157,870 (20.8%) 0.00 26
    2023-08-01 $114,425 (76.0%) $126,956 (3.1%) 0.00 28
    2023-09-01 $119,000 (91.2%) $126,380 (6.4%) 0.00 28
    2023-10-01 $128,000 (98.5%) $161,163 (57.4%) 0.00 28
    2023-11-01 $108,750 (68.6%) $124,938 (20.9%) 0.00 24
    2023-12-01 $119,000 (-0.8%) $128,480 (-5.7%) 0.00 25
    2024-01-01 $89,125 (-38.5%) $143,751 (-9.4%) 0.00 20
    2024-02-01 $94,450 (-37.0%) $155,022 (-0.3%) 0.00 16
    2024-03-01 $145,000 (3.8%) $215,256 (49.8%) 0.00 15
    Helena's median listing price for 2024-03-01 was $145,000, a difference of $5,325 (3.8%) versus the prior year and $50,550 versus the prior month.

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

    Helena's average listing price for 2024-03-01 was $215,256, a difference of $71,585 (49.8%) versus the prior year and $60,234 versus the prior month.

    For the 2024-03-01 period, Helena had 15 MLS listings, a difference of -1 listings (-6%) versus the prior month and -7 listings (-32%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Helena (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,844 sqft
    2018-02-01 0 days 1,768 sqft
    2018-03-01 0 days 1,790 sqft
    2018-04-01 0 days 1,844 sqft
    2018-05-01 0 days 1,824 sqft
    2018-06-01 0 days 1,756 sqft
    2018-07-01 0 days 1,749 sqft
    2018-08-01 0 days 1,776 sqft
    2018-09-01 0 days 1,675 sqft
    2018-10-01 0 days 1,550 sqft
    2018-11-01 0 days 1,711 sqft
    2018-12-01 0 days 1,715 sqft
    2019-01-01 0 days 1,715 sqft
    2019-02-01 0 days 1,612 sqft
    2019-03-01 0 days 1,718 sqft
    2019-04-01 0 days 1,827 sqft
    2019-05-01 0 days 1,783 sqft
    2019-06-01 0 days 1,798 sqft
    2019-07-01 0 days 1,740 sqft
    2019-08-01 0 days 1,751 sqft
    2019-09-01 0 days 1,781 sqft
    2019-10-01 0 days 1,786 sqft
    2019-11-01 0 days 1,760 sqft
    2019-12-01 0 days 1,761 sqft
    2020-01-01 0 days 1,763 sqft
    2020-02-01 0 days 1,666 sqft
    2020-03-01 0 days 1,874 sqft
    2020-04-01 0 days 1,975 sqft
    2020-05-01 0 days 2,086 sqft
    2020-06-01 0 days 2,191 sqft
    2020-07-01 0 days 1,754 sqft
    2020-08-01 0 days 1,581 sqft
    2020-09-01 0 days 1,594 sqft
    2020-10-01 0 days 1,564 sqft
    2020-11-01 0 days 1,564 sqft
    2020-12-01 0 days 1,536 sqft
    2021-01-01 0 days 1,579 sqft
    2021-02-01 0 days 1,550 sqft
    2021-03-01 0 days 1,536 sqft
    2021-04-01 0 days 1,508 sqft
    2021-05-01 0 days 1,457 sqft
    2021-06-01 0 days 1,444 sqft
    2021-07-01 0 days 1,508 sqft
    2021-08-01 0 days 1,536 sqft
    2021-09-01 0 days 1,508 sqft
    2021-10-01 0 days 1,508 sqft
    2021-11-01 0 days 1,508 sqft
    2021-12-01 0 days 1,558 sqft
    2022-01-01 0 days 1,558 sqft
    2022-02-01 0 days 1,552 sqft
    2022-03-01 0 days 1,508 sqft
    2022-04-01 0 days 1,536 sqft
    2022-05-01 0 days 1,564 sqft
    2022-06-01 0 days 1,594 sqft
    2022-07-01 0 days 1,594 sqft
    2022-08-01 0 days 1,672 sqft
    2022-09-01 0 days 1,731 sqft
    2022-10-01 0 days 1,594 sqft
    2022-11-01 0 days 1,594 sqft
    2022-12-01 0 days 1,899 sqft
    2023-01-01 0 days 2,294 sqft
    2023-02-01 0 days 2,178 sqft
    2023-03-01 0 days 1,953 sqft
    2023-04-01 0 days 1,747 sqft
    2023-05-01 0 days 1,820 sqft
    2023-06-01 0 days 1,805 sqft
    2023-07-01 0 days 1,802 sqft
    2023-08-01 0 days 1,845 sqft
    2023-09-01 0 days 1,780 sqft
    2023-10-01 0 days 1,900 sqft
    2023-11-01 0 days 1,683 sqft
    2023-12-01 0 days 1,673 sqft
    2024-01-01 0 days 1,667 sqft
    2024-02-01 0 days 1,712 sqft
    2024-03-01 0 days 1,957 sqft
    Helena's median listing age (time on market) for 2024-03-01 was 0 days.

    Helena's median square footage for active listings during the 2024-03-01 period was 1,957 sqft. One year prior, the average listing was 1,953 sqft.