Janesville USDA Loan Rates, Closing Costs & Stats
JANESVILLE-BELOIT, WI
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.
Janesville's 5 lenders originated 6 USDA loans during 2023. The total origination value was $1,550,000, with an average USDA loan value of $258,333.
Janesville USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Janesville
averaged
6.41%
for the week of 2025-02-14, compared to the national average (all USDA variants) of
6.526% for the same period.
Janesville's average USDA mortgage closing costs are $4,750.
The average rate for the prior week (2025-02-07) was
6.57% and
one month ago for the week of 2025-01-10, the
average rate was 6.52%.
The average rate one year ago was 6.71%.
For refis of the same type during the week of 2025-02-14, the average rate
was 5.36%.
Janesville 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 Janesville level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| GUILD MORTGAGE COMPANY | 2 | 6.88% | $8,277 |
| Bank of England | 1 | 6.75% | $6,521 |
| CROSSCOUNTRY MORTGAGE, LLC | 1 | 6.75% | $7,783 |
| Paramount Residential Mortgage Group, Inc. | 1 | 6.50% | $5,349 |
| PLANET HOME LENDING, LLC | 1 | 7.00% | $7,503 |
The top Janesville USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
2 USDA loans originated. Their average total fees are
$8,277, which is $1,756
higher than the next largest lender,
Bank of England.
The lowest fee Janesville USDA lenders (with over 10 loans originated) are
.
The lowest rate Janesville USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Janesville (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 | $166,700 (19.2%) | $211,242 (14.1%) | 0.62 | 307 |
| 2018-02-01 | $160,950 (12.7%) | $211,298 (11.9%) | 0.58 | 279 |
| 2018-03-01 | $182,000 (17.5%) | $227,617 (15.0%) | 0.64 | 233 |
| 2018-04-01 | $186,950 (11.3%) | $229,985 (7.4%) | 0.63 | 244 |
| 2018-05-01 | $185,450 (8.5%) | $229,684 (5.5%) | 0.62 | 247 |
| 2018-06-01 | $200,000 (18.4%) | $239,854 (9.6%) | 0.67 | 279 |
| 2018-07-01 | $206,635 (18.5%) | $243,303 (8.1%) | 0.69 | 317 |
| 2018-08-01 | $209,600 (19.8%) | $242,822 (8.3%) | 0.70 | 404 |
| 2018-09-01 | $194,700 (11.3%) | $234,102 (6.1%) | 0.65 | 434 |
| 2018-10-01 | $192,450 (10.0%) | $232,636 (4.9%) | 0.65 | 440 |
| 2018-11-01 | $194,900 (10.1%) | $240,306 (11.8%) | 0.66 | 410 |
| 2018-12-01 | $184,900 (8.8%) | $229,095 (6.8%) | 0.64 | 378 |
| 2019-01-01 | $188,400 (13.0%) | $235,973 (11.7%) | 0.65 | 338 |
| 2019-02-01 | $189,950 (18.0%) | $237,326 (12.3%) | 0.64 | 289 |
| 2019-03-01 | $211,976 (16.5%) | $247,228 (8.6%) | 0.69 | 284 |
| 2019-04-01 | $219,476 (17.4%) | $247,454 (7.6%) | 0.70 | 300 |
| 2019-05-01 | $224,950 (21.3%) | $254,881 (11.0%) | 0.70 | 327 |
| 2019-06-01 | $225,000 (12.5%) | $258,173 (7.6%) | 0.70 | 313 |
| 2019-07-01 | $227,425 (10.1%) | $258,880 (6.4%) | 0.71 | 336 |
| 2019-08-01 | $227,173 (8.4%) | $258,660 (6.5%) | 0.72 | 361 |
| 2019-09-01 | $223,082 (14.6%) | $256,402 (9.5%) | 0.71 | 385 |
| 2019-10-01 | $218,900 (13.7%) | $253,286 (8.9%) | 0.71 | 400 |
| 2019-11-01 | $214,900 (10.3%) | $245,742 (2.3%) | 0.70 | 358 |
| 2019-12-01 | $214,900 (16.2%) | $239,766 (4.7%) | 0.72 | 335 |
| 2020-01-01 | $210,175 (11.6%) | $237,395 (0.6%) | 0.70 | 312 |
| 2020-02-01 | $214,100 (12.7%) | $241,836 (1.9%) | 0.70 | 253 |
| 2020-03-01 | $214,950 (1.4%) | $247,097 (-0.1%) | 0.67 | 249 |
| 2020-04-01 | $218,900 (-0.3%) | $239,060 (-3.4%) | 0.69 | 267 |
| 2020-05-01 | $221,450 (-1.6%) | $247,752 (-2.8%) | 0.67 | 241 |
| 2020-06-01 | $219,650 (-2.4%) | $256,738 (-0.6%) | 0.65 | 214 |
| 2020-07-01 | $229,900 (1.1%) | $266,507 (3.0%) | 0.67 | 200 |
| 2020-08-01 | $249,000 (9.6%) | $277,667 (7.4%) | 0.71 | 219 |
| 2020-09-01 | $219,825 (-1.5%) | $271,170 (5.8%) | 0.63 | 206 |
| 2020-10-01 | $219,900 (0.5%) | $271,129 (7.0%) | 0.63 | 208 |
| 2020-11-01 | $212,450 (-1.1%) | $257,217 (4.7%) | 0.62 | 209 |
| 2020-12-01 | $209,950 (-2.3%) | $252,631 (5.4%) | 0.62 | 165 |
| 2021-01-01 | $225,950 (7.5%) | $253,471 (6.8%) | 0.67 | 136 |
| 2021-02-01 | $224,900 (5.0%) | $257,910 (6.7%) | 0.65 | 126 |
| 2021-03-01 | $228,425 (6.3%) | $269,132 (8.9%) | 0.65 | 102 |
| 2021-04-01 | $247,900 (13.3%) | $291,762 (22.1%) | 0.67 | 112 |
| 2021-05-01 | $229,000 (3.4%) | $277,369 (12.0%) | 0.61 | 139 |
| 2021-06-01 | $227,450 (3.6%) | $274,625 (7.0%) | 0.60 | 158 |
| 2021-07-01 | $229,900 (0.0%) | $271,777 (2.0%) | 0.61 | 192 |
| 2021-08-01 | $229,950 (-7.7%) | $265,220 (-4.5%) | 0.61 | 217 |
| 2021-09-01 | $236,175 (7.4%) | $268,981 (-0.8%) | 0.63 | 242 |
| 2021-10-01 | $239,900 (9.1%) | $273,005 (0.7%) | 0.64 | 240 |
| 2021-11-01 | $236,925 (11.5%) | $274,801 (6.8%) | 0.63 | 208 |
| 2021-12-01 | $229,075 (9.1%) | $276,391 (9.4%) | 0.62 | 191 |
| 2022-01-01 | $249,900 (10.6%) | $293,330 (15.7%) | 0.68 | 152 |
| 2022-02-01 | $271,200 (20.6%) | $318,967 (23.7%) | 0.71 | 128 |
| 2022-03-01 | $273,450 (19.7%) | $328,441 (22.0%) | 0.69 | 132 |
| 2022-04-01 | $289,900 (16.9%) | $324,559 (11.2%) | 0.69 | 158 |
| 2022-05-01 | $289,900 (26.6%) | $313,095 (12.9%) | 0.66 | 179 |
| 2022-06-01 | $292,475 (28.6%) | $324,397 (18.1%) | 0.65 | 193 |
| 2022-07-01 | $289,900 (26.1%) | $323,567 (19.1%) | 0.65 | 228 |
| 2022-08-01 | $293,200 (27.5%) | $332,911 (25.5%) | 0.68 | 235 |
| 2022-09-01 | $299,675 (26.9%) | $341,677 (27.0%) | 0.70 | 233 |
| 2022-10-01 | $305,983 (27.6%) | $341,394 (25.1%) | 0.71 | 250 |
| 2022-11-01 | $299,975 (26.6%) | $339,471 (23.5%) | 0.72 | 249 |
| 2022-12-01 | $299,900 (30.9%) | $347,040 (25.6%) | 0.74 | 197 |
| 2023-01-01 | $301,250 (20.6%) | $353,176 (20.4%) | 0.75 | 163 |
| 2023-02-01 | $312,450 (15.2%) | $357,148 (12.0%) | 0.75 | 129 |
| 2023-03-01 | $331,100 (21.1%) | $366,083 (11.5%) | 0.78 | 132 |
| 2023-04-01 | $338,442 (16.7%) | $366,218 (12.8%) | 0.79 | 131 |
| 2023-05-01 | $328,014 (13.2%) | $362,086 (15.7%) | 0.74 | 154 |
| 2023-06-01 | $324,100 (10.8%) | $359,574 (10.8%) | 0.73 | 175 |
| 2023-07-01 | $331,439 (14.3%) | $353,897 (9.4%) | 0.75 | 182 |
| 2023-08-01 | $324,900 (10.8%) | $352,721 (6.0%) | 0.75 | 204 |
| 2023-09-01 | $319,900 (6.8%) | $340,795 (-0.3%) | 0.74 | 220 |
| 2023-10-01 | $322,400 (5.4%) | $341,024 (-0.1%) | 0.76 | 228 |
| 2023-11-01 | $304,906 (1.6%) | $331,645 (-2.3%) | 0.73 | 241 |
| 2023-12-01 | $299,900 (0.0%) | $318,716 (-8.2%) | 0.73 | 221 |
| 2024-01-01 | $299,900 (-0.5%) | $318,055 (-9.9%) | 0.73 | 189 |
| 2024-02-01 | $315,000 (0.8%) | $330,337 (-7.5%) | 0.76 | 173 |
| 2024-03-01 | $329,450 (-0.5%) | $354,920 (-3.1%) | 0.78 | 169 |
| 2024-04-01 | $341,101 (0.8%) | $373,684 (2.0%) | 0.79 | 173 |
| 2024-05-01 | $334,900 (2.1%) | $375,748 (3.8%) | 0.77 | 180 |
| 2024-06-01 | $339,900 (4.9%) | $381,289 (6.0%) | 0.76 | 197 |
| 2024-07-01 | $328,650 (-0.8%) | $363,896 (2.8%) | 0.75 | 230 |
| 2024-08-01 | $325,000 (0.0%) | $362,468 (2.8%) | 0.76 | 244 |
| 2024-09-01 | $331,903 (3.8%) | $370,482 (8.7%) | 0.78 | 268 |
| 2024-10-01 | $331,200 (2.7%) | $365,437 (7.2%) | 0.78 | 287 |
| 2024-11-01 | $321,950 (5.6%) | $351,799 (6.1%) | 0.77 | 256 |
| 2024-12-01 | $327,475 (9.2%) | $354,352 (11.2%) | 0.81 | 234 |
| 2025-01-01 | $336,700 (12.3%) | $355,608 (11.8%) | 0.00 | 202 |
Janesville's median listing price comes in at 0% of the national average.
Janesville's average listing price for 2025-01-01 was $355,608, a difference of $37,553 (11.8%) versus the prior year and $1,256 versus the prior month.
For the 2025-01-01 period, Janesville had 202 MLS listings, a difference of -32 listings (-14%) versus the prior month and 13 listings (7%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Janesville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 79 days | 1,651 sqft |
| 2018-02-01 | 81 days | 1,634 sqft |
| 2018-03-01 | 58 days | 1,675 sqft |
| 2018-04-01 | 40 days | 1,731 sqft |
| 2018-05-01 | 38 days | 1,745 sqft |
| 2018-06-01 | 40 days | 1,787 sqft |
| 2018-07-01 | 39 days | 1,793 sqft |
| 2018-08-01 | 38 days | 1,769 sqft |
| 2018-09-01 | 43 days | 1,752 sqft |
| 2018-10-01 | 48 days | 1,721 sqft |
| 2018-11-01 | 54 days | 1,727 sqft |
| 2018-12-01 | 68 days | 1,652 sqft |
| 2019-01-01 | 78 days | 1,681 sqft |
| 2019-02-01 | 88 days | 1,719 sqft |
| 2019-03-01 | 77 days | 1,773 sqft |
| 2019-04-01 | 54 days | 1,800 sqft |
| 2019-05-01 | 46 days | 1,834 sqft |
| 2019-06-01 | 46 days | 1,831 sqft |
| 2019-07-01 | 44 days | 1,855 sqft |
| 2019-08-01 | 46 days | 1,867 sqft |
| 2019-09-01 | 49 days | 1,862 sqft |
| 2019-10-01 | 52 days | 1,854 sqft |
| 2019-11-01 | 64 days | 1,803 sqft |
| 2019-12-01 | 70 days | 1,770 sqft |
| 2020-01-01 | 74 days | 1,735 sqft |
| 2020-02-01 | 74 days | 1,718 sqft |
| 2020-03-01 | 60 days | 1,737 sqft |
| 2020-04-01 | 48 days | 1,747 sqft |
| 2020-05-01 | 54 days | 1,770 sqft |
| 2020-06-01 | 63 days | 1,791 sqft |
| 2020-07-01 | 56 days | 1,784 sqft |
| 2020-08-01 | 46 days | 1,847 sqft |
| 2020-09-01 | 47 days | 1,802 sqft |
| 2020-10-01 | 40 days | 1,784 sqft |
| 2020-11-01 | 44 days | 1,734 sqft |
| 2020-12-01 | 51 days | 1,686 sqft |
| 2021-01-01 | 54 days | 1,683 sqft |
| 2021-02-01 | 40 days | 1,635 sqft |
| 2021-03-01 | 40 days | 1,702 sqft |
| 2021-04-01 | 28 days | 1,757 sqft |
| 2021-05-01 | 29 days | 1,755 sqft |
| 2021-06-01 | 33 days | 1,697 sqft |
| 2021-07-01 | 34 days | 1,701 sqft |
| 2021-08-01 | 30 days | 1,699 sqft |
| 2021-09-01 | 31 days | 1,676 sqft |
| 2021-10-01 | 37 days | 1,633 sqft |
| 2021-11-01 | 45 days | 1,633 sqft |
| 2021-12-01 | 53 days | 1,606 sqft |
| 2022-01-01 | 58 days | 1,695 sqft |
| 2022-02-01 | 57 days | 1,777 sqft |
| 2022-03-01 | 24 days | 1,793 sqft |
| 2022-04-01 | 31 days | 1,784 sqft |
| 2022-05-01 | 36 days | 1,751 sqft |
| 2022-06-01 | 38 days | 1,766 sqft |
| 2022-07-01 | 34 days | 1,784 sqft |
| 2022-08-01 | 44 days | 1,784 sqft |
| 2022-09-01 | 49 days | 1,784 sqft |
| 2022-10-01 | 46 days | 1,784 sqft |
| 2022-11-01 | 47 days | 1,805 sqft |
| 2022-12-01 | 55 days | 1,825 sqft |
| 2023-01-01 | 71 days | 1,815 sqft |
| 2023-02-01 | 53 days | 1,847 sqft |
| 2023-03-01 | 37 days | 1,844 sqft |
| 2023-04-01 | 39 days | 1,810 sqft |
| 2023-05-01 | 32 days | 1,812 sqft |
| 2023-06-01 | 31 days | 1,797 sqft |
| 2023-07-01 | 40 days | 1,760 sqft |
| 2023-08-01 | 37 days | 1,658 sqft |
| 2023-09-01 | 44 days | 1,700 sqft |
| 2023-10-01 | 42 days | 1,660 sqft |
| 2023-11-01 | 44 days | 1,601 sqft |
| 2023-12-01 | 55 days | 1,580 sqft |
| 2024-01-01 | 63 days | 1,579 sqft |
| 2024-02-01 | 51 days | 1,593 sqft |
| 2024-03-01 | 32 days | 1,667 sqft |
| 2024-04-01 | 37 days | 1,695 sqft |
| 2024-05-01 | 30 days | 1,722 sqft |
| 2024-06-01 | 36 days | 1,804 sqft |
| 2024-07-01 | 36 days | 1,715 sqft |
| 2024-08-01 | 38 days | 1,716 sqft |
| 2024-09-01 | 39 days | 1,761 sqft |
| 2024-10-01 | 43 days | 1,718 sqft |
| 2024-11-01 | 58 days | 1,718 sqft |
| 2024-12-01 | 63 days | 1,701 sqft |
| 2025-01-01 | 0 days | 1,666 sqft |
Janesville's median square footage for active listings during the 2025-01-01 period was 1,666 sqft. One year prior, the average listing was 1,579 sqft.