Kapaa USDA Loan Rates, Closing Costs & Stats
Kapaa, 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.
Kapaa's 2 lenders originated 7 USDA loans during 2023. The total origination value was $1,835,000, with an average USDA loan value of $262,143.
Kapaa USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Kapaa
averaged
-0.1%
for the week of 2024-11-29, compared to the national average (all USDA variants) of
0% for the same period.
Kapaa's average USDA mortgage closing costs are $10,902.
The average rate for the prior week (2024-11-22) was
6.3% and
one month ago for the week of 2024-10-25, the
average rate was 6.3%.
The average rate one year ago was 7%.
For refis of the same type during the week of 2024-11-29, the average rate
was -1.18%.
Kapaa 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 Kapaa level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
V.I.P. MORTGAGE, INC. | 5 | 5.70% | $14,582 |
SECURITYNATIONAL MORTGAGE COMPANY | 2 | 7.25% | $15,969 |
The top Kapaa USDA lender as defined by loan originations is V.I.P. MORTGAGE, INC., with
5 USDA loans originated. Their average total fees are
$14,582, which is $1,386
lower than the next largest lender,
SECURITYNATIONAL MORTGAGE COMPANY.
The lowest fee Kapaa USDA lenders (with over 10 loans originated) are
.
The lowest rate Kapaa USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Kapaa (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $930,500 (15.8%) | $2,152,650 (17.7%) | 0.00 | 467 |
2018-02-01 | $939,750 (10.6%) | $1,957,891 (4.7%) | 0.00 | 445 |
2018-03-01 | $968,000 (11.7%) | $2,048,720 (4.8%) | 0.00 | 436 |
2018-04-01 | $987,000 (14.1%) | $2,112,711 (8.1%) | 0.00 | 415 |
2018-05-01 | $993,750 (10.6%) | $2,134,297 (8.1%) | 0.00 | 401 |
2018-06-01 | $1,050,000 (12.8%) | $2,192,483 (2.8%) | 0.00 | 397 |
2018-07-01 | $1,019,000 (10.5%) | $2,249,527 (6.1%) | 0.00 | 403 |
2018-08-01 | $954,450 (6.6%) | $2,082,669 (3.6%) | 0.00 | 427 |
2018-09-01 | $943,450 (5.1%) | $2,027,291 (-4.5%) | 0.00 | 436 |
2018-10-01 | $894,500 (-0.3%) | $1,999,458 (-6.3%) | 0.00 | 435 |
2018-11-01 | $864,000 (-2.8%) | $1,918,129 (-10.0%) | 0.00 | 457 |
2018-12-01 | $894,000 (-3.4%) | $1,965,661 (-8.0%) | 0.00 | 474 |
2019-01-01 | $897,625 (-3.5%) | $2,006,009 (-6.8%) | 0.00 | 472 |
2019-02-01 | $897,000 (-4.6%) | $1,978,996 (1.1%) | 0.00 | 477 |
2019-03-01 | $913,821 (-5.6%) | $1,971,964 (-3.8%) | 0.00 | 467 |
2019-04-01 | $900,321 (-8.8%) | $1,926,777 (-8.8%) | 0.00 | 466 |
2019-05-01 | $930,750 (-6.3%) | $1,936,965 (-9.3%) | 0.00 | 469 |
2019-06-01 | $988,000 (-5.9%) | $1,984,570 (-9.5%) | 0.00 | 462 |
2019-07-01 | $940,250 (-7.7%) | $1,952,941 (-13.2%) | 0.00 | 474 |
2019-08-01 | $1,016,018 (6.5%) | $1,978,560 (-5.0%) | 0.00 | 453 |
2019-09-01 | $1,079,795 (14.5%) | $2,056,496 (1.4%) | 0.00 | 437 |
2019-10-01 | $1,102,614 (23.3%) | $2,107,898 (5.4%) | 0.00 | 434 |
2019-11-01 | $1,124,000 (30.1%) | $2,248,768 (17.2%) | 0.00 | 447 |
2019-12-01 | $1,098,500 (22.9%) | $2,191,364 (11.5%) | 0.00 | 491 |
2020-01-01 | $1,062,500 (18.4%) | $2,139,503 (6.7%) | 0.00 | 473 |
2020-02-01 | $1,090,000 (21.5%) | $2,297,226 (16.1%) | 0.00 | 457 |
2020-03-01 | $1,070,500 (17.2%) | $2,235,520 (13.4%) | 0.00 | 446 |
2020-04-01 | $978,000 (8.6%) | $2,158,232 (12.0%) | 0.00 | 425 |
2020-05-01 | $912,500 (-2.0%) | $1,963,440 (1.4%) | 0.00 | 425 |
2020-06-01 | $888,750 (-10.1%) | $1,884,753 (-5.0%) | 0.00 | 424 |
2020-07-01 | $880,000 (-6.4%) | $1,832,453 (-6.2%) | 0.00 | 431 |
2020-08-01 | $925,000 (-9.0%) | $1,870,539 (-5.5%) | 0.00 | 447 |
2020-09-01 | $886,500 (-17.9%) | $1,786,661 (-13.1%) | 0.00 | 465 |
2020-10-01 | $875,000 (-20.6%) | $1,840,912 (-12.7%) | 0.00 | 469 |
2020-11-01 | $913,375 (-18.7%) | $2,007,195 (-10.7%) | 0.00 | 463 |
2020-12-01 | $939,500 (-14.5%) | $2,017,549 (-7.9%) | 0.00 | 446 |
2021-01-01 | $895,000 (-15.8%) | $1,990,506 (-7.0%) | 0.00 | 407 |
2021-02-01 | $911,000 (-16.4%) | $1,926,263 (-16.2%) | 0.00 | 386 |
2021-03-01 | $996,750 (-6.9%) | $1,968,670 (-11.9%) | 0.00 | 349 |
2021-04-01 | $1,186,000 (21.3%) | $2,046,976 (-5.2%) | 0.00 | 353 |
2021-05-01 | $1,395,000 (52.9%) | $2,097,245 (6.8%) | 0.00 | 287 |
2021-06-01 | $1,490,000 (67.7%) | $2,265,820 (20.2%) | 0.00 | 238 |
2021-07-01 | $1,485,000 (68.8%) | $2,304,715 (25.8%) | 0.00 | 238 |
2021-08-01 | $1,624,500 (75.6%) | $2,484,932 (32.9%) | 0.00 | 216 |
2021-09-01 | $1,597,250 (80.2%) | $2,496,607 (39.7%) | 0.00 | 214 |
2021-10-01 | $1,450,000 (65.7%) | $2,406,588 (30.7%) | 0.00 | 205 |
2021-11-01 | $1,530,000 (67.5%) | $2,759,096 (37.5%) | 0.00 | 177 |
2021-12-01 | $1,494,775 (59.1%) | $2,892,629 (43.4%) | 0.00 | 180 |
2022-01-01 | $1,350,000 (50.8%) | $2,843,421 (42.9%) | 0.00 | 169 |
2022-02-01 | $1,353,750 (48.6%) | $2,995,954 (55.5%) | 0.00 | 155 |
2022-03-01 | $1,494,750 (50.0%) | $2,962,578 (50.5%) | 0.00 | 148 |
2022-04-01 | $1,649,000 (39.0%) | $3,068,465 (49.9%) | 0.00 | 127 |
2022-05-01 | $1,706,250 (22.3%) | $3,065,149 (46.2%) | 0.00 | 128 |
2022-06-01 | $1,812,944 (21.7%) | $3,078,113 (35.9%) | 0.00 | 144 |
2022-07-01 | $1,695,000 (14.1%) | $2,771,383 (20.3%) | 0.00 | 167 |
2022-08-01 | $1,616,250 (-0.5%) | $2,626,382 (5.7%) | 0.00 | 185 |
2022-09-01 | $1,584,750 (-0.8%) | $2,459,578 (-1.5%) | 0.00 | 191 |
2022-10-01 | $1,495,000 (3.1%) | $2,398,252 (-0.4%) | 0.00 | 203 |
2022-11-01 | $1,515,000 (-1.0%) | $2,544,280 (-7.8%) | 0.00 | 206 |
2022-12-01 | $1,545,000 (3.4%) | $2,687,551 (-7.1%) | 0.00 | 211 |
2023-01-01 | $1,530,000 (13.3%) | $2,847,728 (0.2%) | 0.00 | 208 |
2023-02-01 | $1,582,000 (16.9%) | $2,875,553 (-4.0%) | 0.00 | 204 |
2023-03-01 | $1,636,250 (9.5%) | $2,890,101 (-2.5%) | 0.00 | 194 |
2023-04-01 | $1,875,000 (13.7%) | $3,152,824 (2.8%) | 0.00 | 183 |
2023-05-01 | $1,846,250 (8.2%) | $3,147,776 (2.7%) | 0.00 | 174 |
2023-06-01 | $1,788,750 (-1.3%) | $2,992,349 (-2.8%) | 0.00 | 186 |
2023-07-01 | $1,617,500 (-4.6%) | $2,776,907 (0.2%) | 0.00 | 210 |
2023-08-01 | $1,611,250 (-0.3%) | $2,778,552 (5.8%) | 0.00 | 216 |
2023-09-01 | $1,550,000 (-2.2%) | $2,628,129 (6.9%) | 0.00 | 217 |
2023-10-01 | $1,599,500 (7.0%) | $2,647,573 (10.4%) | 0.00 | 219 |
2023-11-01 | $1,572,000 (3.8%) | $2,631,219 (3.4%) | 0.00 | 220 |
2023-12-01 | $1,400,000 (-9.4%) | $2,480,519 (-7.7%) | 0.00 | 222 |
2024-01-01 | $1,561,000 (2.0%) | $2,633,358 (-7.5%) | 0.00 | 217 |
2024-02-01 | $1,631,194 (3.1%) | $2,893,868 (0.6%) | 0.00 | 214 |
2024-03-01 | $1,639,000 (0.2%) | $3,046,500 (5.4%) | 0.00 | 213 |
2024-04-01 | $1,461,250 (-22.1%) | $2,850,667 (-9.6%) | 0.00 | 235 |
2024-05-01 | $1,431,000 (-22.5%) | $2,768,559 (-12.1%) | 0.00 | 263 |
2024-06-01 | $1,395,000 (-22.0%) | $2,645,380 (-11.6%) | 0.00 | 289 |
2024-07-01 | $1,398,000 (-13.6%) | $2,663,628 (-4.1%) | 0.00 | 314 |
2024-08-01 | $1,399,000 (-13.2%) | $2,455,462 (-11.6%) | 0.00 | 306 |
2024-09-01 | $1,475,000 (-4.8%) | $2,528,745 (-3.8%) | 0.00 | 300 |
2024-10-01 | $1,468,750 (-8.2%) | $2,487,126 (-6.1%) | 0.00 | 305 |
Kapaa's median listing price comes in at 0% of the national average.
Kapaa's average listing price for 2024-10-01 was $2,487,126, a difference of $-160,447 (-6.1%) versus the prior year and $-41,619 versus the prior month.
For the 2024-10-01 period, Kapaa had 305 MLS listings, a difference of 5 listings (2%) versus the prior month and 86 listings (39%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Kapaa (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,687 sqft |
2018-02-01 | 0 days | 1,699 sqft |
2018-03-01 | 0 days | 1,691 sqft |
2018-04-01 | 0 days | 1,697 sqft |
2018-05-01 | 0 days | 1,723 sqft |
2018-06-01 | 0 days | 1,724 sqft |
2018-07-01 | 0 days | 1,726 sqft |
2018-08-01 | 0 days | 1,627 sqft |
2018-09-01 | 0 days | 1,621 sqft |
2018-10-01 | 0 days | 1,575 sqft |
2018-11-01 | 0 days | 1,560 sqft |
2018-12-01 | 0 days | 1,567 sqft |
2019-01-01 | 0 days | 1,608 sqft |
2019-02-01 | 0 days | 1,559 sqft |
2019-03-01 | 0 days | 1,524 sqft |
2019-04-01 | 0 days | 1,511 sqft |
2019-05-01 | 0 days | 1,559 sqft |
2019-06-01 | 0 days | 1,550 sqft |
2019-07-01 | 0 days | 1,640 sqft |
2019-08-01 | 0 days | 1,656 sqft |
2019-09-01 | 0 days | 1,684 sqft |
2019-10-01 | 0 days | 1,698 sqft |
2019-11-01 | 0 days | 1,653 sqft |
2019-12-01 | 0 days | 1,641 sqft |
2020-01-01 | 0 days | 1,629 sqft |
2020-02-01 | 0 days | 1,640 sqft |
2020-03-01 | 0 days | 1,515 sqft |
2020-04-01 | 0 days | 1,430 sqft |
2020-05-01 | 0 days | 1,426 sqft |
2020-06-01 | 0 days | 1,427 sqft |
2020-07-01 | 0 days | 1,372 sqft |
2020-08-01 | 0 days | 1,406 sqft |
2020-09-01 | 0 days | 1,359 sqft |
2020-10-01 | 0 days | 1,359 sqft |
2020-11-01 | 0 days | 1,373 sqft |
2020-12-01 | 0 days | 1,365 sqft |
2021-01-01 | 0 days | 1,337 sqft |
2021-02-01 | 0 days | 1,305 sqft |
2021-03-01 | 0 days | 1,381 sqft |
2021-04-01 | 0 days | 1,436 sqft |
2021-05-01 | 0 days | 1,719 sqft |
2021-06-01 | 0 days | 1,729 sqft |
2021-07-01 | 0 days | 1,851 sqft |
2021-08-01 | 0 days | 1,925 sqft |
2021-09-01 | 0 days | 1,826 sqft |
2021-10-01 | 0 days | 1,465 sqft |
2021-11-01 | 0 days | 1,650 sqft |
2021-12-01 | 0 days | 1,677 sqft |
2022-01-01 | 0 days | 1,576 sqft |
2022-02-01 | 0 days | 1,556 sqft |
2022-03-01 | 0 days | 1,564 sqft |
2022-04-01 | 0 days | 1,634 sqft |
2022-05-01 | 0 days | 1,655 sqft |
2022-06-01 | 0 days | 1,669 sqft |
2022-07-01 | 0 days | 1,671 sqft |
2022-08-01 | 0 days | 1,679 sqft |
2022-09-01 | 0 days | 1,670 sqft |
2022-10-01 | 0 days | 1,556 sqft |
2022-11-01 | 0 days | 1,703 sqft |
2022-12-01 | 0 days | 1,735 sqft |
2023-01-01 | 0 days | 1,680 sqft |
2023-02-01 | 0 days | 1,671 sqft |
2023-03-01 | 0 days | 1,680 sqft |
2023-04-01 | 0 days | 1,761 sqft |
2023-05-01 | 0 days | 1,774 sqft |
2023-06-01 | 0 days | 1,757 sqft |
2023-07-01 | 0 days | 1,653 sqft |
2023-08-01 | 0 days | 1,550 sqft |
2023-09-01 | 0 days | 1,548 sqft |
2023-10-01 | 0 days | 1,630 sqft |
2023-11-01 | 0 days | 1,575 sqft |
2023-12-01 | 0 days | 1,508 sqft |
2024-01-01 | 0 days | 1,588 sqft |
2024-02-01 | 0 days | 1,681 sqft |
2024-03-01 | 0 days | 1,687 sqft |
2024-04-01 | 0 days | 1,585 sqft |
2024-05-01 | 0 days | 1,533 sqft |
2024-06-01 | 0 days | 1,407 sqft |
2024-07-01 | 0 days | 1,400 sqft |
2024-08-01 | 0 days | 1,327 sqft |
2024-09-01 | 0 days | 1,397 sqft |
2024-10-01 | 0 days | 1,309 sqft |
Kapaa's median square footage for active listings during the 2024-10-01 period was 1,309 sqft. One year prior, the average listing was 1,630 sqft.