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%.

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

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. Louis
Date 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 for 2024-10-01 was $1,468,750, a difference of $-130,750 (-8.2%) versus the prior year and $-6,250 versus the prior month.

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. Louis
Date 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 listing age (time on market) for 2024-10-01 was 0 days.

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.