Kahului USDA Loan Rates, Closing Costs & Stats

KAHULUI-WAILUKU-LAHAINA, HI

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.

Kahului's 2 lenders originated 2 USDA loans during 2023. The total origination value was $490,000, with an average USDA loan value of $245,000.

Kahului USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Kahului averaged 6.51% for the week of 2024-06-07, compared to the national average (all USDA variants) of 6.699% for the same period.

Kahului's average USDA mortgage closing costs are $8,419.

The average rate for the prior week (2024-05-31) was 6.59% and one month ago for the week of 2024-05-03, the average rate was 7.09%.

The average rate one year ago was 6.49%.

For refis of the same type during the week of 2024-06-07, the average rate was 6.07%.

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

Kahului 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 Kahului level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
CMG MORTGAGE, INC. 1 7.25% $9,513
V.I.P. MORTGAGE, INC. 1 6.00% $15,756

The top Kahului USDA lender as defined by loan originations is CMG MORTGAGE, INC., with 1 USDA loans originated. Their average total fees are $9,513, which is $6,243 lower than the next largest lender, V.I.P. MORTGAGE, INC..

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Kahului (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 $838,225 (5.9%) $1,589,889 (6.4%) 3.11 1,251
2018-02-01 $830,750 (6.5%) $1,614,233 (9.1%) 3.02 1,242
2018-03-01 $820,000 (4.5%) $1,633,754 (9.8%) 2.88 1,215
2018-04-01 $849,125 (9.0%) $1,646,534 (9.8%) 2.88 1,144
2018-05-01 $849,450 (6.9%) $1,661,746 (6.5%) 2.84 1,068
2018-06-01 $866,000 (10.2%) $1,635,309 (10.4%) 2.89 1,074
2018-07-01 $890,250 (12.7%) $1,634,344 (11.3%) 2.97 1,093
2018-08-01 $895,000 (12.9%) $1,652,596 (8.9%) 3.00 1,087
2018-09-01 $875,000 (10.1%) $1,588,293 (4.3%) 2.94 1,045
2018-10-01 $864,500 (9.9%) $1,610,124 (9.2%) 2.93 1,044
2018-11-01 $887,000 (10.9%) $1,711,463 (14.2%) 3.01 1,047
2018-12-01 $930,000 (13.8%) $1,763,904 (13.7%) 3.21 1,065
2019-01-01 $934,950 (11.5%) $1,777,342 (11.8%) 3.23 1,098
2019-02-01 $957,500 (15.3%) $1,830,675 (13.4%) 3.24 1,091
2019-03-01 $953,643 (16.3%) $1,943,498 (19.0%) 3.12 1,085
2019-04-01 $937,118 (10.4%) $2,110,720 (28.2%) 2.98 1,055
2019-05-01 $939,225 (10.6%) $2,136,396 (28.6%) 2.94 1,018
2019-06-01 $947,500 (9.4%) $2,160,858 (32.1%) 2.96 968
2019-07-01 $944,500 (6.1%) $2,233,206 (36.6%) 2.96 947
2019-08-01 $938,591 (4.9%) $2,148,757 (30.0%) 2.97 918
2019-09-01 $928,977 (6.2%) $2,034,619 (28.1%) 2.97 880
2019-10-01 $922,568 (6.7%) $1,914,929 (18.9%) 2.98 892
2019-11-01 $925,000 (4.3%) $1,835,773 (7.3%) 3.03 976
2019-12-01 $950,000 (2.2%) $1,897,897 (7.6%) 3.17 975
2020-01-01 $980,000 (4.8%) $1,935,259 (8.9%) 3.27 959
2020-02-01 $988,000 (3.2%) $1,935,799 (5.7%) 3.24 946
2020-03-01 $949,750 (-0.4%) $1,888,181 (-2.9%) 2.98 950
2020-04-01 $844,000 (-9.9%) $1,687,368 (-20.1%) 2.64 978
2020-05-01 $825,000 (-12.2%) $1,619,013 (-24.2%) 2.51 981
2020-06-01 $804,998 (-15.0%) $1,611,101 (-25.4%) 2.37 1,012
2020-07-01 $797,000 (-15.6%) $1,555,080 (-30.4%) 2.31 1,061
2020-08-01 $795,000 (-15.3%) $1,544,645 (-28.1%) 2.28 1,076
2020-09-01 $764,500 (-17.7%) $1,526,339 (-25.0%) 2.19 1,105
2020-10-01 $788,500 (-14.5%) $1,660,273 (-13.3%) 2.26 1,078
2020-11-01 $812,000 (-12.2%) $1,714,994 (-6.6%) 2.37 1,064
2020-12-01 $826,000 (-13.1%) $1,743,554 (-8.1%) 2.46 1,035
2021-01-01 $838,000 (-14.5%) $1,787,354 (-7.6%) 2.50 922
2021-02-01 $825,000 (-16.5%) $1,886,639 (-2.5%) 2.40 790
2021-03-01 $835,000 (-12.1%) $2,045,412 (8.3%) 2.37 658
2021-04-01 $895,000 (6.0%) $2,241,336 (32.8%) 2.42 530
2021-05-01 $945,000 (14.6%) $2,384,389 (47.3%) 2.51 463
2021-06-01 $1,079,750 (34.1%) $2,392,234 (48.5%) 2.80 427
2021-07-01 $1,150,000 (44.3%) $2,542,773 (63.5%) 3.03 375
2021-08-01 $1,212,500 (52.5%) $2,685,286 (73.8%) 3.23 336
2021-09-01 $1,195,000 (56.3%) $2,483,186 (62.7%) 3.19 341
2021-10-01 $1,195,000 (51.6%) $2,432,895 (46.5%) 3.19 345
2021-11-01 $1,262,500 (55.5%) $2,431,088 (41.8%) 3.38 316
2021-12-01 $1,237,250 (49.8%) $2,563,000 (47.0%) 3.35 340
2022-01-01 $1,276,500 (52.3%) $2,836,188 (58.7%) 3.45 347
2022-02-01 $1,295,000 (57.0%) $2,835,087 (50.3%) 3.37 360
2022-03-01 $1,272,500 (52.4%) $2,852,691 (39.5%) 3.19 350
2022-04-01 $1,299,000 (45.1%) $2,776,294 (23.9%) 3.10 345
2022-05-01 $1,312,500 (38.9%) $2,464,038 (3.3%) 3.00 376
2022-06-01 $1,397,000 (29.4%) $2,584,764 (8.1%) 3.11 431
2022-07-01 $1,375,000 (19.6%) $2,522,679 (-0.8%) 3.10 488
2022-08-01 $1,324,500 (9.2%) $2,541,472 (-5.4%) 3.06 504
2022-09-01 $1,424,875 (19.2%) $2,597,748 (4.6%) 3.33 449
2022-10-01 $1,395,000 (16.7%) $2,505,145 (3.0%) 3.28 426
2022-11-01 $1,330,000 (5.4%) $2,513,973 (3.4%) 3.20 461
2022-12-01 $1,315,000 (6.3%) $2,588,488 (1.0%) 3.25 496
2023-01-01 $1,395,000 (9.3%) $2,724,782 (-3.9%) 3.46 515
2023-02-01 $1,395,000 (7.7%) $2,725,509 (-3.9%) 3.37 524
2023-03-01 $1,407,000 (10.6%) $2,837,390 (-0.5%) 3.32 504
2023-04-01 $1,398,500 (7.7%) $2,830,669 (2.0%) 3.25 495
2023-05-01 $1,395,000 (6.3%) $2,811,173 (14.1%) 3.16 477
2023-06-01 $1,395,000 (-0.1%) $2,799,353 (8.3%) 3.13 471
2023-07-01 $1,395,000 (1.5%) $2,870,005 (13.8%) 3.17 490
2023-08-01 $1,422,000 (7.4%) $2,890,842 (13.8%) 3.27 445
2023-09-01 $1,350,000 (-5.3%) $2,647,826 (1.9%) 3.14 436
2023-10-01 $1,324,500 (-5.1%) $2,467,771 (-1.5%) 3.12 478
2023-11-01 $1,372,500 (3.2%) $2,521,360 (0.3%) 3.27 519
2023-12-01 $1,375,000 (4.6%) $2,539,970 (-1.9%) 0.00 616
2024-01-01 $1,435,000 (2.9%) $2,648,147 (-2.8%) 0.00 635
2024-02-01 $1,412,500 (1.3%) $2,603,412 (-4.5%) 0.00 678
2024-03-01 $1,425,000 (1.3%) $2,543,851 (-10.4%) 0.00 749
2024-04-01 $1,399,500 (0.1%) $2,473,169 (-12.6%) 0.00 797
2024-05-01 $1,359,660 (-2.5%) $2,377,648 (-15.4%) 0.00 885
Kahului's median listing price for 2024-05-01 was $1,359,660, a difference of $-35,340 (-2.5%) versus the prior year and $-39,840 versus the prior month.

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

Kahului's average listing price for 2024-05-01 was $2,377,648, a difference of $-433,525 (-15.4%) versus the prior year and $-95,521 versus the prior month.

For the 2024-05-01 period, Kahului had 885 MLS listings, a difference of 88 listings (11%) versus the prior month and 408 listings (86%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Kahului (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 82 days 1,334 sqft
2018-02-01 87 days 1,308 sqft
2018-03-01 88 days 1,313 sqft
2018-04-01 96 days 1,324 sqft
2018-05-01 102 days 1,319 sqft
2018-06-01 107 days 1,313 sqft
2018-07-01 98 days 1,396 sqft
2018-08-01 95 days 1,394 sqft
2018-09-01 103 days 1,389 sqft
2018-10-01 99 days 1,416 sqft
2018-11-01 97 days 1,422 sqft
2018-12-01 80 days 1,467 sqft
2019-01-01 74 days 1,409 sqft
2019-02-01 79 days 1,402 sqft
2019-03-01 84 days 1,394 sqft
2019-04-01 90 days 1,401 sqft
2019-05-01 96 days 1,406 sqft
2019-06-01 100 days 1,369 sqft
2019-07-01 93 days 1,392 sqft
2019-08-01 89 days 1,421 sqft
2019-09-01 88 days 1,463 sqft
2019-10-01 87 days 1,447 sqft
2019-11-01 75 days 1,391 sqft
2019-12-01 79 days 1,387 sqft
2020-01-01 83 days 1,389 sqft
2020-02-01 83 days 1,422 sqft
2020-03-01 86 days 1,385 sqft
2020-04-01 80 days 1,240 sqft
2020-05-01 87 days 1,197 sqft
2020-06-01 92 days 1,144 sqft
2020-07-01 88 days 1,103 sqft
2020-08-01 82 days 1,080 sqft
2020-09-01 75 days 1,036 sqft
2020-10-01 82 days 1,052 sqft
2020-11-01 88 days 1,083 sqft
2020-12-01 102 days 1,092 sqft
2021-01-01 102 days 1,051 sqft
2021-02-01 93 days 1,014 sqft
2021-03-01 85 days 1,023 sqft
2021-04-01 66 days 1,071 sqft
2021-05-01 60 days 1,206 sqft
2021-06-01 53 days 1,373 sqft
2021-07-01 52 days 1,495 sqft
2021-08-01 61 days 1,581 sqft
2021-09-01 47 days 1,562 sqft
2021-10-01 50 days 1,440 sqft
2021-11-01 46 days 1,332 sqft
2021-12-01 41 days 1,515 sqft
2022-01-01 50 days 1,578 sqft
2022-02-01 46 days 1,555 sqft
2022-03-01 46 days 1,580 sqft
2022-04-01 48 days 1,488 sqft
2022-05-01 48 days 1,459 sqft
2022-06-01 47 days 1,457 sqft
2022-07-01 50 days 1,445 sqft
2022-08-01 66 days 1,457 sqft
2022-09-01 77 days 1,518 sqft
2022-10-01 78 days 1,532 sqft
2022-11-01 68 days 1,494 sqft
2022-12-01 64 days 1,465 sqft
2023-01-01 66 days 1,540 sqft
2023-02-01 74 days 1,500 sqft
2023-03-01 79 days 1,470 sqft
2023-04-01 75 days 1,454 sqft
2023-05-01 73 days 1,437 sqft
2023-06-01 72 days 1,442 sqft
2023-07-01 73 days 1,464 sqft
2023-08-01 81 days 1,394 sqft
2023-09-01 74 days 1,347 sqft
2023-10-01 63 days 1,292 sqft
2023-11-01 64 days 1,295 sqft
2023-12-01 0 days 1,188 sqft
2024-01-01 0 days 1,165 sqft
2024-02-01 0 days 1,188 sqft
2024-03-01 0 days 1,178 sqft
2024-04-01 0 days 1,133 sqft
2024-05-01 0 days 1,066 sqft
Kahului's median listing age (time on market) for 2024-05-01 was 0 days. This is -100% shorter than the same period one year ago.

Kahului's median square footage for active listings during the 2024-05-01 period was 1,066 sqft. One year prior, the average listing was 1,437 sqft.