Kearney USDA Loan Rates, Closing Costs & Stats

Kearney, NE

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.

Kearney's 4 lenders originated 5 USDA loans during 2023. The total origination value was $735,000, with an average USDA loan value of $147,000.

Kearney USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Kearney averaged 6.23% for the week of 2024-12-06, compared to the national average (all USDA variants) of 6.328% for the same period.

Kearney's average USDA mortgage closing costs are $3,973.

The average rate for the prior week (2024-11-29) was 6.7% and one month ago for the week of 2024-11-01, the average rate was 6.25%.

The average rate one year ago was 7.17%.

For refis of the same type during the week of 2024-12-06, the average rate was 6.53%.

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

Kearney 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 Kearney level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Pinnacle Bank 2 6.25% $4,642
CHARTER WEST BANK 1 6.88% $4,991
Members Mortgage Services, L.L.C. 1 6.63% $4,745
MORIA DEVELOPMENT, INC. 1 6.50% $7,493

The top Kearney USDA lender as defined by loan originations is Pinnacle Bank, with 2 USDA loans originated. Their average total fees are $4,642, which is $348 lower than the next largest lender, CHARTER WEST BANK.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Kearney (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 $201,650 (-6.5%) $243,191 (7.5%) 0.00 132
2018-02-01 $206,725 (1.6%) $244,694 (4.7%) 0.00 135
2018-03-01 $225,000 (14.4%) $254,100 (6.8%) 0.00 132
2018-04-01 $217,425 (10.1%) $248,589 (4.2%) 0.00 139
2018-05-01 $230,750 (3.7%) $259,462 (1.5%) 0.00 142
2018-06-01 $234,950 (1.3%) $266,041 (-2.3%) 0.00 157
2018-07-01 $229,650 (0.6%) $268,691 (-0.3%) 0.00 156
2018-08-01 $220,000 (-5.4%) $256,871 (-3.1%) 0.00 159
2018-09-01 $219,900 (-6.8%) $247,433 (-7.8%) 0.00 160
2018-10-01 $218,925 (-1.7%) $244,147 (-6.6%) 0.00 174
2018-11-01 $214,225 (-2.5%) $239,581 (-5.6%) 0.00 172
2018-12-01 $200,000 (-2.4%) $231,729 (-7.3%) 0.00 174
2019-01-01 $195,400 (-3.1%) $225,739 (-7.2%) 0.00 169
2019-02-01 $197,175 (-4.6%) $228,630 (-6.6%) 0.00 165
2019-03-01 $218,514 (-2.9%) $239,372 (-5.8%) 0.00 166
2019-04-01 $228,575 (5.1%) $242,996 (-2.3%) 0.00 174
2019-05-01 $219,375 (-4.9%) $236,495 (-8.9%) 0.00 172
2019-06-01 $225,000 (-4.2%) $245,272 (-7.8%) 0.00 166
2019-07-01 $229,225 (-0.2%) $244,328 (-9.1%) 0.00 154
2019-08-01 $228,209 (3.7%) $242,265 (-5.7%) 0.00 154
2019-09-01 $226,348 (2.9%) $243,964 (-1.4%) 0.00 151
2019-10-01 $224,900 (2.7%) $243,243 (-0.4%) 0.00 148
2019-11-01 $219,000 (2.2%) $239,515 (0.0%) 0.00 133
2019-12-01 $214,900 (7.5%) $232,429 (0.3%) 0.00 128
2020-01-01 $209,950 (7.5%) $224,656 (-0.5%) 0.00 121
2020-02-01 $198,250 (0.6%) $224,641 (-1.8%) 0.00 103
2020-03-01 $209,900 (-3.9%) $236,357 (-1.3%) 0.00 97
2020-04-01 $209,425 (-8.4%) $243,672 (0.3%) 0.00 102
2020-05-01 $242,500 (10.5%) $265,009 (12.1%) 0.00 90
2020-06-01 $255,650 (13.6%) $284,091 (15.8%) 0.00 85
2020-07-01 $257,725 (12.4%) $289,643 (18.6%) 0.00 81
2020-08-01 $254,950 (11.7%) $277,951 (14.7%) 0.00 86
2020-09-01 $216,075 (-4.5%) $246,315 (1.0%) 0.00 63
2020-10-01 $213,500 (-5.1%) $250,616 (3.0%) 0.00 67
2020-11-01 $230,950 (5.5%) $267,408 (11.7%) 0.00 63
2020-12-01 $236,200 (9.9%) $275,384 (18.5%) 0.00 53
2021-01-01 $239,900 (14.3%) $300,959 (34.0%) 0.00 37
2021-02-01 $281,225 (41.9%) $312,013 (38.9%) 0.00 38
2021-03-01 $274,950 (31.0%) $318,012 (34.6%) 0.00 34
2021-04-01 $333,250 (59.1%) $368,245 (51.1%) 0.00 26
2021-05-01 $266,200 (9.8%) $352,223 (32.9%) 0.00 31
2021-06-01 $241,675 (-5.5%) $341,510 (20.2%) 0.00 39
2021-07-01 $259,900 (0.8%) $358,854 (23.9%) 0.00 41
2021-08-01 $266,875 (4.7%) $369,204 (32.8%) 0.00 45
2021-09-01 $249,975 (15.7%) $352,455 (43.1%) 0.00 51
2021-10-01 $284,900 (33.4%) $335,290 (33.8%) 0.00 51
2021-11-01 $244,250 (5.8%) $292,621 (9.4%) 0.00 61
2021-12-01 $265,925 (12.6%) $288,324 (4.7%) 0.00 48
2022-01-01 $269,000 (12.1%) $289,003 (-4.0%) 0.00 37
2022-02-01 $284,600 (1.2%) $303,093 (-2.9%) 0.00 30
2022-03-01 $315,000 (14.6%) $317,012 (-0.3%) 0.00 27
2022-04-01 $317,500 (-4.7%) $313,704 (-14.8%) 0.00 29
2022-05-01 $267,450 (0.5%) $304,443 (-13.6%) 0.00 37
2022-06-01 $329,700 (36.4%) $362,907 (6.3%) 0.00 51
2022-07-01 $329,700 (26.9%) $371,997 (3.7%) 0.00 60
2022-08-01 $284,900 (6.8%) $352,474 (-4.5%) 0.00 69
2022-09-01 $284,800 (13.9%) $342,308 (-2.9%) 0.00 77
2022-10-01 $312,900 (9.8%) $352,179 (5.0%) 0.00 76
2022-11-01 $319,900 (31.0%) $354,005 (21.0%) 0.00 71
2022-12-01 $319,900 (20.3%) $335,388 (16.3%) 0.00 61
2023-01-01 $322,900 (20.0%) $323,943 (12.1%) 0.00 56
2023-02-01 $346,225 (21.7%) $331,555 (9.4%) 0.00 47
2023-03-01 $351,150 (11.5%) $361,753 (14.1%) 0.00 42
2023-04-01 $349,900 (10.2%) $359,905 (14.7%) 0.00 38
2023-05-01 $379,000 (41.7%) $389,223 (27.9%) 0.00 39
2023-06-01 $332,250 (0.8%) $353,632 (-2.6%) 0.00 49
2023-07-01 $315,000 (-4.5%) $339,403 (-8.8%) 0.00 64
2023-08-01 $334,675 (17.5%) $363,151 (3.0%) 0.00 71
2023-09-01 $332,350 (16.7%) $352,259 (2.9%) 0.00 75
2023-10-01 $333,400 (6.6%) $348,527 (-1.0%) 0.00 96
2023-11-01 $330,625 (3.4%) $352,542 (-0.4%) 0.00 105
2023-12-01 $329,950 (3.1%) $360,927 (7.6%) 0.00 95
2024-01-01 $331,550 (2.7%) $360,193 (11.2%) 0.00 85
2024-02-01 $333,400 (-3.7%) $359,239 (8.4%) 0.00 77
2024-03-01 $344,850 (-1.8%) $410,098 (13.4%) 0.00 55
2024-04-01 $321,175 (-8.2%) $413,944 (15.0%) 0.00 66
2024-05-01 $335,000 (-11.6%) $446,946 (14.8%) 0.00 72
2024-06-01 $329,950 (-0.7%) $426,037 (20.5%) 0.00 78
2024-07-01 $317,450 (0.8%) $421,567 (24.2%) 0.00 84
2024-08-01 $319,900 (-4.4%) $404,851 (11.5%) 0.00 93
2024-09-01 $340,000 (2.3%) $397,510 (12.9%) 0.00 93
2024-10-01 $332,250 (-0.3%) $380,910 (9.3%) 0.00 84
2024-11-01 $349,400 (5.7%) $389,246 (10.4%) 0.00 79
Kearney's median listing price for 2024-11-01 was $349,400, a difference of $18,775 (5.7%) versus the prior year and $17,150 versus the prior month.

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

Kearney's average listing price for 2024-11-01 was $389,246, a difference of $36,704 (10.4%) versus the prior year and $8,336 versus the prior month.

For the 2024-11-01 period, Kearney had 79 MLS listings, a difference of -5 listings (-6%) versus the prior month and -26 listings (-25%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Kearney (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,454 sqft
2018-02-01 0 days 2,490 sqft
2018-03-01 0 days 2,659 sqft
2018-04-01 0 days 2,401 sqft
2018-05-01 0 days 2,693 sqft
2018-06-01 0 days 2,744 sqft
2018-07-01 0 days 2,673 sqft
2018-08-01 0 days 2,562 sqft
2018-09-01 0 days 2,544 sqft
2018-10-01 0 days 2,540 sqft
2018-11-01 0 days 2,496 sqft
2018-12-01 0 days 2,464 sqft
2019-01-01 0 days 2,404 sqft
2019-02-01 0 days 2,434 sqft
2019-03-01 0 days 2,539 sqft
2019-04-01 0 days 2,532 sqft
2019-05-01 0 days 2,498 sqft
2019-06-01 0 days 2,542 sqft
2019-07-01 0 days 2,580 sqft
2019-08-01 0 days 2,564 sqft
2019-09-01 0 days 2,564 sqft
2019-10-01 0 days 2,563 sqft
2019-11-01 0 days 2,520 sqft
2019-12-01 0 days 2,520 sqft
2020-01-01 0 days 2,444 sqft
2020-02-01 0 days 2,356 sqft
2020-03-01 0 days 2,349 sqft
2020-04-01 0 days 2,588 sqft
2020-05-01 0 days 2,602 sqft
2020-06-01 0 days 2,645 sqft
2020-07-01 0 days 2,696 sqft
2020-08-01 0 days 2,688 sqft
2020-09-01 0 days 2,514 sqft
2020-10-01 0 days 2,520 sqft
2020-11-01 0 days 2,507 sqft
2020-12-01 0 days 2,520 sqft
2021-01-01 0 days 2,704 sqft
2021-02-01 0 days 2,920 sqft
2021-03-01 0 days 2,886 sqft
2021-04-01 0 days 3,168 sqft
2021-05-01 0 days 2,746 sqft
2021-06-01 0 days 2,608 sqft
2021-07-01 0 days 2,621 sqft
2021-08-01 0 days 2,706 sqft
2021-09-01 0 days 2,648 sqft
2021-10-01 0 days 2,740 sqft
2021-11-01 0 days 2,602 sqft
2021-12-01 0 days 2,597 sqft
2022-01-01 0 days 2,760 sqft
2022-02-01 0 days 2,707 sqft
2022-03-01 0 days 2,585 sqft
2022-04-01 0 days 2,548 sqft
2022-05-01 0 days 2,548 sqft
2022-06-01 0 days 2,576 sqft
2022-07-01 0 days 2,576 sqft
2022-08-01 0 days 2,572 sqft
2022-09-01 0 days 2,566 sqft
2022-10-01 0 days 2,734 sqft
2022-11-01 0 days 2,725 sqft
2022-12-01 0 days 2,667 sqft
2023-01-01 0 days 2,543 sqft
2023-02-01 0 days 2,555 sqft
2023-03-01 0 days 2,755 sqft
2023-04-01 0 days 2,754 sqft
2023-05-01 0 days 2,777 sqft
2023-06-01 0 days 2,631 sqft
2023-07-01 0 days 2,614 sqft
2023-08-01 0 days 2,728 sqft
2023-09-01 0 days 2,751 sqft
2023-10-01 0 days 2,718 sqft
2023-11-01 0 days 2,715 sqft
2023-12-01 0 days 2,693 sqft
2024-01-01 0 days 2,717 sqft
2024-02-01 0 days 2,569 sqft
2024-03-01 0 days 2,568 sqft
2024-04-01 0 days 2,622 sqft
2024-05-01 0 days 2,677 sqft
2024-06-01 0 days 2,664 sqft
2024-07-01 0 days 2,580 sqft
2024-08-01 0 days 2,524 sqft
2024-09-01 0 days 2,669 sqft
2024-10-01 0 days 2,600 sqft
2024-11-01 0 days 2,808 sqft
Kearney's median listing age (time on market) for 2024-11-01 was 0 days.

Kearney's median square footage for active listings during the 2024-11-01 period was 2,808 sqft. One year prior, the average listing was 2,715 sqft.