Kearney USDA Loan Rates, Closing Costs & Stats

Kearney, NE

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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.

    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 6.76% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

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

    The average rate for the prior week (2024-04-12) was 6.82% and one month ago for the week of 2024-03-15, the average rate was 6.6%.

    The average rate one year ago was 6.34%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.06%.

    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
    Kearney's median listing price for 2024-03-01 was $344,850, a difference of $-6,300 (-1.8%) versus the prior year and $11,450 versus the prior month.

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

    Kearney's average listing price for 2024-03-01 was $410,098, a difference of $48,345 (13.4%) versus the prior year and $50,859 versus the prior month.

    For the 2024-03-01 period, Kearney had 55 MLS listings, a difference of -22 listings (-29%) versus the prior month and 13 listings (31%) 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
    Kearney's median listing age (time on market) for 2024-03-01 was 0 days.

    Kearney's median square footage for active listings during the 2024-03-01 period was 2,568 sqft. One year prior, the average listing was 2,755 sqft.