Huron USDA Loan Rates, Closing Costs & Stats

Huron, SD

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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.

    Huron's 5 lenders originated 8 USDA loans during 2023. The total origination value was $970,000, with an average USDA loan value of $121,250.

    Huron USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Huron averaged 6.45% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Huron's average USDA mortgage closing costs are $4,208.

    The average rate for the prior week (2025-02-07) was 6.41% and one month ago for the week of 2025-01-10, the average rate was 6.26%.

    The average rate one year ago was 6.45%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.43%.

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

    Huron 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 Huron level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    American Bank & Trust 2 5.69% $3,508
    First National Bank 2 5.75% $3,111
    Plains Commerce Bank 2 5.75% $4,497
    First Dakota National Bank 1 6.38% $3,336
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.63% $6,647

    The top Huron USDA lender as defined by loan originations is American Bank & Trust, with 2 USDA loans originated. Their average total fees are $3,508, which is $398 higher than the next largest lender, First National Bank.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Huron (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 $149,675 (4.2%) $184,752 (15.1%) 0.00 94
    2018-02-01 $149,950 (10.1%) $189,863 (21.5%) 0.00 90
    2018-03-01 $167,400 (14.5%) $194,141 (22.8%) 0.00 96
    2018-04-01 $179,900 (26.3%) $193,394 (24.1%) 0.00 105
    2018-05-01 $179,000 (19.4%) $191,521 (15.4%) 0.00 112
    2018-06-01 $172,450 (14.5%) $189,677 (7.1%) 0.00 120
    2018-07-01 $168,725 (7.5%) $185,613 (5.0%) 0.00 130
    2018-08-01 $160,425 (0.3%) $182,410 (-1.8%) 0.00 132
    2018-09-01 $159,900 (4.6%) $179,468 (-1.8%) 0.00 133
    2018-10-01 $159,500 (7.0%) $177,600 (-2.4%) 0.00 122
    2018-11-01 $163,200 (14.6%) $178,002 (-0.8%) 0.00 112
    2018-12-01 $159,900 (15.1%) $176,538 (-1.9%) 0.00 110
    2019-01-01 $159,000 (6.2%) $174,181 (-5.7%) 0.00 100
    2019-02-01 $157,625 (5.1%) $171,279 (-9.8%) 0.00 100
    2019-03-01 $157,100 (-6.2%) $173,621 (-10.6%) 0.00 95
    2019-04-01 $163,200 (-9.3%) $179,871 (-7.0%) 0.00 93
    2019-05-01 $161,925 (-9.5%) $175,404 (-8.4%) 0.00 99
    2019-06-01 $159,450 (-7.5%) $176,971 (-6.7%) 0.00 101
    2019-07-01 $159,225 (-5.6%) $172,174 (-7.2%) 0.00 106
    2019-08-01 $154,664 (-3.6%) $171,071 (-6.2%) 0.00 116
    2019-09-01 $151,984 (-5.0%) $175,711 (-2.1%) 0.00 116
    2019-10-01 $150,198 (-5.8%) $178,805 (0.7%) 0.00 117
    2019-11-01 $157,250 (-3.7%) $178,569 (0.3%) 0.00 108
    2019-12-01 $154,700 (-3.3%) $178,265 (1.0%) 0.00 103
    2020-01-01 $153,650 (-3.4%) $169,475 (-2.7%) 0.00 100
    2020-02-01 $158,250 (0.4%) $173,648 (1.4%) 0.00 106
    2020-03-01 $157,975 (0.6%) $180,264 (3.8%) 0.00 101
    2020-04-01 $156,125 (-4.3%) $182,204 (1.3%) 0.00 94
    2020-05-01 $159,950 (-1.2%) $174,369 (-0.6%) 0.00 98
    2020-06-01 $159,350 (-0.1%) $169,062 (-4.5%) 0.00 95
    2020-07-01 $159,700 (0.3%) $165,754 (-3.7%) 0.00 80
    2020-08-01 $159,000 (2.8%) $172,148 (0.6%) 0.00 79
    2020-09-01 $164,950 (8.5%) $177,973 (1.3%) 0.00 78
    2020-10-01 $154,950 (3.2%) $171,279 (-4.2%) 0.00 76
    2020-11-01 $146,310 (-7.0%) $158,159 (-11.4%) 0.00 80
    2020-12-01 $147,925 (-4.4%) $161,921 (-9.2%) 0.00 71
    2021-01-01 $149,900 (-2.4%) $164,039 (-3.2%) 0.00 60
    2021-02-01 $148,475 (-6.2%) $173,412 (-0.1%) 0.00 55
    2021-03-01 $154,425 (-2.3%) $187,402 (4.0%) 0.00 54
    2021-04-01 $153,650 (-1.6%) $224,316 (23.1%) 0.00 55
    2021-05-01 $179,450 (12.2%) $239,671 (37.5%) 0.00 48
    2021-06-01 $188,900 (18.5%) $252,009 (49.1%) 0.00 42
    2021-07-01 $199,700 (25.1%) $277,790 (67.6%) 0.00 37
    2021-08-01 $180,400 (13.5%) $272,612 (58.4%) 0.00 39
    2021-09-01 $182,025 (10.4%) $272,915 (53.4%) 0.00 42
    2021-10-01 $176,950 (14.2%) $263,533 (53.9%) 0.00 45
    2021-11-01 $165,913 (13.4%) $259,365 (64.0%) 0.00 46
    2021-12-01 $164,225 (11.0%) $257,358 (58.9%) 0.00 45
    2022-01-01 $158,700 (5.9%) $264,212 (61.1%) 0.00 36
    2022-02-01 $178,450 (20.2%) $253,317 (46.1%) 0.00 33
    2022-03-01 $157,300 (1.9%) $241,955 (29.1%) 0.00 28
    2022-04-01 $182,000 (18.5%) $261,527 (16.6%) 0.00 24
    2022-05-01 $178,750 (-0.4%) $250,314 (4.4%) 0.00 27
    2022-06-01 $195,000 (3.2%) $262,915 (4.3%) 0.00 27
    2022-07-01 $164,700 (-17.5%) $222,568 (-19.9%) 0.00 36
    2022-08-01 $160,100 (-11.3%) $213,263 (-21.8%) 0.00 43
    2022-09-01 $167,000 (-8.3%) $222,363 (-18.5%) 0.00 39
    2022-10-01 $194,950 (10.2%) $242,231 (-8.1%) 0.00 37
    2022-11-01 $188,725 (13.8%) $242,166 (-6.6%) 0.00 37
    2022-12-01 $209,000 (27.3%) $261,017 (1.4%) 0.00 37
    2023-01-01 $197,950 (24.7%) $248,426 (-6.0%) 0.00 36
    2023-02-01 $206,725 (15.8%) $260,733 (2.9%) 0.00 35
    2023-03-01 $199,900 (27.1%) $264,944 (9.5%) 0.00 37
    2023-04-01 $210,000 (15.4%) $272,762 (4.3%) 0.00 36
    2023-05-01 $204,900 (14.6%) $260,216 (4.0%) 0.00 46
    2023-06-01 $212,500 (9.0%) $268,616 (2.2%) 0.00 48
    2023-07-01 $227,250 (38.0%) $269,156 (20.9%) 0.00 43
    2023-08-01 $245,250 (53.2%) $277,784 (30.3%) 0.00 42
    2023-09-01 $249,450 (49.4%) $286,207 (28.7%) 0.00 37
    2023-10-01 $205,675 (5.5%) $246,416 (1.7%) 0.00 36
    2023-11-01 $217,000 (15.0%) $248,946 (2.8%) 0.00 37
    2023-12-01 $191,950 (-8.2%) $233,347 (-10.6%) 0.00 37
    2024-01-01 $184,700 (-6.7%) $202,718 (-18.4%) 0.00 39
    2024-02-01 $175,950 (-14.9%) $206,267 (-20.9%) 0.00 39
    2024-03-01 $189,000 (-5.5%) $219,795 (-17.0%) 0.00 41
    2024-04-01 $201,675 (-4.0%) $241,091 (-11.6%) 0.00 42
    2024-05-01 $218,250 (6.5%) $248,954 (-4.3%) 0.00 46
    2024-06-01 $249,900 (17.6%) $301,369 (12.2%) 0.00 40
    2024-07-01 $249,900 (10.0%) $288,633 (7.2%) 0.00 43
    2024-08-01 $230,000 (-6.2%) $265,078 (-4.6%) 0.00 47
    2024-09-01 $238,500 (-4.4%) $273,311 (-4.5%) 0.00 38
    2024-10-01 $219,350 (6.7%) $258,834 (5.0%) 0.00 59
    2024-11-01 $209,900 (-3.3%) $260,525 (4.7%) 0.00 79
    2024-12-01 $214,950 (12.0%) $276,881 (18.7%) 0.00 41
    2025-01-01 $228,750 (23.9%) $300,006 (48.0%) 0.00 32
    Huron's median listing price for 2025-01-01 was $228,750, a difference of $44,050 (23.9%) versus the prior year and $13,800 versus the prior month.

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

    Huron's average listing price for 2025-01-01 was $300,006, a difference of $97,288 (48.0%) versus the prior year and $23,125 versus the prior month.

    For the 2025-01-01 period, Huron had 32 MLS listings, a difference of -9 listings (-22%) versus the prior month and -7 listings (-18%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Huron (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,139 sqft
    2018-02-01 0 days 2,195 sqft
    2018-03-01 0 days 2,206 sqft
    2018-04-01 0 days 2,239 sqft
    2018-05-01 0 days 2,176 sqft
    2018-06-01 0 days 2,176 sqft
    2018-07-01 0 days 2,192 sqft
    2018-08-01 0 days 2,178 sqft
    2018-09-01 0 days 2,176 sqft
    2018-10-01 0 days 2,176 sqft
    2018-11-01 0 days 2,176 sqft
    2018-12-01 0 days 2,144 sqft
    2019-01-01 0 days 2,140 sqft
    2019-02-01 0 days 2,136 sqft
    2019-03-01 0 days 2,153 sqft
    2019-04-01 0 days 2,176 sqft
    2019-05-01 0 days 2,166 sqft
    2019-06-01 0 days 2,156 sqft
    2019-07-01 0 days 2,161 sqft
    2019-08-01 0 days 2,068 sqft
    2019-09-01 0 days 2,048 sqft
    2019-10-01 0 days 2,034 sqft
    2019-11-01 0 days 2,076 sqft
    2019-12-01 0 days 2,081 sqft
    2020-01-01 0 days 2,064 sqft
    2020-02-01 0 days 2,070 sqft
    2020-03-01 0 days 2,080 sqft
    2020-04-01 0 days 2,137 sqft
    2020-05-01 0 days 2,149 sqft
    2020-06-01 0 days 2,094 sqft
    2020-07-01 0 days 2,104 sqft
    2020-08-01 0 days 2,138 sqft
    2020-09-01 0 days 2,182 sqft
    2020-10-01 0 days 2,138 sqft
    2020-11-01 0 days 2,137 sqft
    2020-12-01 0 days 2,137 sqft
    2021-01-01 0 days 2,020 sqft
    2021-02-01 0 days 1,996 sqft
    2021-03-01 0 days 2,038 sqft
    2021-04-01 0 days 2,116 sqft
    2021-05-01 0 days 2,194 sqft
    2021-06-01 0 days 2,283 sqft
    2021-07-01 0 days 2,539 sqft
    2021-08-01 0 days 2,276 sqft
    2021-09-01 0 days 2,258 sqft
    2021-10-01 0 days 2,219 sqft
    2021-11-01 0 days 2,040 sqft
    2021-12-01 0 days 1,999 sqft
    2022-01-01 0 days 1,986 sqft
    2022-02-01 0 days 1,994 sqft
    2022-03-01 0 days 2,002 sqft
    2022-04-01 0 days 1,828 sqft
    2022-05-01 0 days 1,685 sqft
    2022-06-01 0 days 1,904 sqft
    2022-07-01 0 days 1,920 sqft
    2022-08-01 0 days 2,025 sqft
    2022-09-01 0 days 1,869 sqft
    2022-10-01 0 days 2,014 sqft
    2022-11-01 0 days 2,156 sqft
    2022-12-01 0 days 2,272 sqft
    2023-01-01 0 days 2,067 sqft
    2023-02-01 0 days 2,016 sqft
    2023-03-01 0 days 1,977 sqft
    2023-04-01 0 days 2,016 sqft
    2023-05-01 0 days 2,064 sqft
    2023-06-01 0 days 2,232 sqft
    2023-07-01 0 days 2,364 sqft
    2023-08-01 0 days 2,195 sqft
    2023-09-01 0 days 2,297 sqft
    2023-10-01 0 days 2,074 sqft
    2023-11-01 0 days 1,872 sqft
    2023-12-01 0 days 1,829 sqft
    2024-01-01 0 days 1,791 sqft
    2024-02-01 0 days 1,674 sqft
    2024-03-01 0 days 1,792 sqft
    2024-04-01 0 days 1,852 sqft
    2024-05-01 0 days 1,964 sqft
    2024-06-01 0 days 1,976 sqft
    2024-07-01 0 days 1,927 sqft
    2024-08-01 0 days 1,910 sqft
    2024-09-01 0 days 2,087 sqft
    2024-10-01 0 days 1,821 sqft
    2024-11-01 0 days 1,922 sqft
    2024-12-01 0 days 1,995 sqft
    2025-01-01 0 days 2,234 sqft
    Huron's median listing age (time on market) for 2025-01-01 was 0 days.

    Huron's median square footage for active listings during the 2025-01-01 period was 2,234 sqft. One year prior, the average listing was 1,791 sqft.