Kahului USDA Loan Rates, Closing Costs & Stats

KAHULUI-WAILUKU-LAHAINA, HI

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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.

    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 6.78% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

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

    The average rate for the prior week (2024-04-12) was 6.83% and one month ago for the week of 2024-03-15, the average rate was 6.51%.

    The average rate one year ago was 6.15%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.53%.

    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
    Kahului's median listing price for 2024-03-01 was $1,425,000, a difference of $18,000 (1.3%) versus the prior year and $12,500 versus the prior month.

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

    Kahului's average listing price for 2024-03-01 was $2,543,851, a difference of $-293,539 (-10.4%) versus the prior year and $-59,561 versus the prior month.

    For the 2024-03-01 period, Kahului had 749 MLS listings, a difference of 71 listings (10%) versus the prior month and 245 listings (49%) 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
    Kahului's median listing age (time on market) for 2024-03-01 was 0 days. This is -100% shorter than the same period one year ago.

    Kahului's median square footage for active listings during the 2024-03-01 period was 1,178 sqft. One year prior, the average listing was 1,470 sqft.