Kennewick USDA Loan Rates, Closing Costs & Stats
KENNEWICK-RICHLAND, WA
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.
Kennewick USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Kennewick
averaged
5.82%
for the week of 2024-10-04, compared to the national average (all USDA variants) of
5.97% for the same period.
Kennewick's average USDA mortgage closing costs are $6,629.
The average rate for the prior week (2024-09-27) was
6.15% and
one month ago for the week of 2024-08-30, the
average rate was 5.88%.
The average rate one year ago was 7.03%.
For refis of the same type during the week of 2024-10-04, the average rate
was 5.87%.
Kennewick 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 Kennewick level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|
The lowest fee Kennewick USDA lenders (with over 10 loans originated) are
.
The lowest rate Kennewick USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Kennewick (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 | $316,575 (6.6%) | $339,630 (2.4%) | 1.17 | 833 |
2018-02-01 | $322,450 (1.6%) | $344,325 (0.4%) | 1.17 | 825 |
2018-03-01 | $329,800 (1.5%) | $354,695 (1.4%) | 1.16 | 850 |
2018-04-01 | $324,975 (0.0%) | $353,587 (1.4%) | 1.10 | 933 |
2018-05-01 | $330,000 (0.3%) | $356,641 (0.6%) | 1.10 | 990 |
2018-06-01 | $334,000 (0.5%) | $356,504 (-1.9%) | 1.11 | 745 |
2018-07-01 | $330,750 (1.8%) | $354,951 (0.4%) | 1.10 | 1,075 |
2018-08-01 | $322,450 (1.1%) | $353,370 (0.9%) | 1.08 | 1,134 |
2018-09-01 | $318,230 (6.2%) | $352,338 (7.1%) | 1.07 | 1,159 |
2018-10-01 | $318,615 (6.2%) | $355,604 (8.4%) | 1.08 | 1,147 |
2018-11-01 | $316,525 (4.0%) | $354,420 (7.2%) | 1.07 | 1,066 |
2018-12-01 | $320,000 (3.2%) | $357,779 (6.9%) | 1.10 | 947 |
2019-01-01 | $320,000 (1.1%) | $353,449 (4.1%) | 1.11 | 884 |
2019-02-01 | $322,335 (0.0%) | $353,936 (2.8%) | 1.09 | 823 |
2019-03-01 | $338,923 (2.8%) | $370,285 (4.4%) | 1.11 | 665 |
2019-04-01 | $357,725 (10.1%) | $391,783 (10.8%) | 1.14 | 519 |
2019-05-01 | $349,979 (6.1%) | $390,175 (9.4%) | 1.09 | 539 |
2019-06-01 | $359,000 (7.5%) | $397,081 (11.4%) | 1.12 | 543 |
2019-07-01 | $364,225 (10.1%) | $402,174 (13.3%) | 1.14 | 583 |
2019-08-01 | $362,018 (12.3%) | $401,043 (13.5%) | 1.15 | 631 |
2019-09-01 | $352,389 (10.7%) | $389,168 (10.5%) | 1.13 | 692 |
2019-10-01 | $345,970 (8.6%) | $381,250 (7.2%) | 1.12 | 712 |
2019-11-01 | $350,000 (10.6%) | $397,106 (12.0%) | 1.15 | 682 |
2019-12-01 | $351,900 (10.0%) | $395,414 (10.5%) | 1.17 | 631 |
2020-01-01 | $359,675 (12.4%) | $401,282 (13.5%) | 1.20 | 576 |
2020-02-01 | $373,415 (15.9%) | $404,209 (14.2%) | 1.22 | 497 |
2020-03-01 | $384,925 (13.6%) | $416,184 (12.4%) | 1.21 | 498 |
2020-04-01 | $397,400 (11.1%) | $421,967 (7.7%) | 1.24 | 498 |
2020-05-01 | $409,950 (17.1%) | $432,531 (10.9%) | 1.25 | 475 |
2020-06-01 | $402,500 (12.1%) | $435,713 (9.7%) | 1.19 | 486 |
2020-07-01 | $414,288 (13.7%) | $446,390 (11.0%) | 1.20 | 502 |
2020-08-01 | $409,000 (13.0%) | $442,641 (10.4%) | 1.17 | 469 |
2020-09-01 | $399,900 (13.5%) | $451,503 (16.0%) | 1.15 | 465 |
2020-10-01 | $399,900 (15.6%) | $452,538 (18.7%) | 1.15 | 469 |
2020-11-01 | $402,725 (15.1%) | $458,393 (15.4%) | 1.18 | 416 |
2020-12-01 | $418,400 (18.9%) | $467,591 (18.3%) | 1.24 | 347 |
2021-01-01 | $418,825 (16.5%) | $472,255 (17.7%) | 1.25 | 313 |
2021-02-01 | $427,450 (14.5%) | $487,732 (20.7%) | 1.24 | 280 |
2021-03-01 | $440,925 (14.6%) | $488,179 (17.3%) | 1.25 | 234 |
2021-04-01 | $443,975 (11.7%) | $497,243 (17.8%) | 1.20 | 203 |
2021-05-01 | $460,000 (12.2%) | $504,389 (16.6%) | 1.22 | 200 |
2021-06-01 | $477,723 (18.7%) | $514,869 (18.2%) | 1.26 | 205 |
2021-07-01 | $472,500 (14.1%) | $516,576 (15.7%) | 1.25 | 243 |
2021-08-01 | $506,213 (23.8%) | $539,037 (21.8%) | 1.35 | 293 |
2021-09-01 | $499,450 (24.9%) | $532,473 (17.9%) | 1.33 | 356 |
2021-10-01 | $512,875 (28.3%) | $552,306 (22.1%) | 1.37 | 389 |
2021-11-01 | $526,938 (30.8%) | $566,403 (23.6%) | 1.41 | 416 |
2021-12-01 | $531,913 (27.1%) | $576,270 (23.2%) | 1.44 | 392 |
2022-01-01 | $551,400 (31.7%) | $581,924 (23.2%) | 1.49 | 338 |
2022-02-01 | $534,940 (25.2%) | $572,735 (17.4%) | 1.39 | 305 |
2022-03-01 | $542,188 (23.0%) | $577,866 (18.4%) | 1.36 | 309 |
2022-04-01 | $525,000 (18.3%) | $563,840 (13.4%) | 1.25 | 328 |
2022-05-01 | $530,150 (15.3%) | $564,771 (12.0%) | 1.21 | 355 |
2022-06-01 | $537,000 (12.4%) | $573,579 (11.4%) | 1.20 | 409 |
2022-07-01 | $525,000 (11.1%) | $565,657 (9.5%) | 1.18 | 540 |
2022-08-01 | $525,000 (3.7%) | $567,134 (5.2%) | 1.21 | 571 |
2022-09-01 | $539,700 (8.1%) | $580,669 (9.1%) | 1.26 | 547 |
2022-10-01 | $549,900 (7.2%) | $583,976 (5.7%) | 1.29 | 641 |
2022-11-01 | $546,000 (3.6%) | $582,037 (2.8%) | 1.31 | 674 |
2022-12-01 | $549,900 (3.4%) | $577,267 (0.2%) | 1.36 | 613 |
2023-01-01 | $551,950 (0.1%) | $575,846 (-1.0%) | 1.37 | 554 |
2023-02-01 | $559,450 (4.6%) | $580,836 (1.4%) | 1.35 | 525 |
2023-03-01 | $549,948 (1.4%) | $584,334 (1.1%) | 1.30 | 504 |
2023-04-01 | $544,950 (3.8%) | $590,356 (4.7%) | 1.27 | 526 |
2023-05-01 | $542,423 (2.3%) | $600,010 (6.2%) | 1.23 | 601 |
2023-06-01 | $542,850 (1.1%) | $595,611 (3.8%) | 1.22 | 644 |
2023-07-01 | $549,875 (4.7%) | $608,595 (7.6%) | 1.25 | 655 |
2023-08-01 | $541,263 (3.1%) | $610,331 (7.6%) | 1.24 | 707 |
2023-09-01 | $534,875 (-0.9%) | $601,651 (3.6%) | 1.25 | 751 |
2023-10-01 | $517,500 (-5.9%) | $589,543 (1.0%) | 1.22 | 775 |
2023-11-01 | $519,900 (-4.8%) | $588,596 (1.1%) | 1.24 | 795 |
2023-12-01 | $517,900 (-5.8%) | $582,290 (0.9%) | 1.26 | 751 |
2024-01-01 | $519,113 (-6.0%) | $582,593 (1.2%) | 1.27 | 689 |
2024-02-01 | $501,148 (-10.4%) | $569,972 (-1.9%) | 1.21 | 669 |
2024-03-01 | $515,000 (-6.4%) | $584,268 (0.0%) | 1.21 | 638 |
2024-04-01 | $527,000 (-3.3%) | $592,273 (0.3%) | 1.23 | 662 |
2024-05-01 | $529,925 (-2.3%) | $597,369 (-0.4%) | 1.20 | 709 |
2024-06-01 | $539,900 (-0.5%) | $602,021 (1.1%) | 1.21 | 773 |
2024-07-01 | $525,000 (-4.5%) | $594,305 (-2.4%) | 1.20 | 812 |
2024-08-01 | $520,000 (-3.9%) | $595,273 (-2.5%) | 1.21 | 830 |
2024-09-01 | $517,450 (-3.3%) | $595,224 (-1.1%) | 0.00 | 879 |
Kennewick's median listing price comes in at 0% of the national average.
Kennewick's average listing price for 2024-09-01 was $595,224, a difference of $-6,427 (-1.1%) versus the prior year and $-49 versus the prior month.
For the 2024-09-01 period, Kennewick had 879 MLS listings, a difference of 49 listings (6%) versus the prior month and 128 listings (17%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Kennewick (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 65 days | 2,151 sqft |
2018-02-01 | 51 days | 2,171 sqft |
2018-03-01 | 37 days | 2,188 sqft |
2018-04-01 | 33 days | 2,159 sqft |
2018-05-01 | 36 days | 2,192 sqft |
2018-06-01 | 36 days | 2,200 sqft |
2018-07-01 | 36 days | 2,183 sqft |
2018-08-01 | 38 days | 2,137 sqft |
2018-09-01 | 43 days | 2,107 sqft |
2018-10-01 | 46 days | 2,121 sqft |
2018-11-01 | 51 days | 2,122 sqft |
2018-12-01 | 61 days | 2,118 sqft |
2019-01-01 | 65 days | 2,099 sqft |
2019-02-01 | 61 days | 2,062 sqft |
2019-03-01 | 55 days | 2,113 sqft |
2019-04-01 | 47 days | 2,173 sqft |
2019-05-01 | 39 days | 2,142 sqft |
2019-06-01 | 37 days | 2,181 sqft |
2019-07-01 | 31 days | 2,204 sqft |
2019-08-01 | 34 days | 2,214 sqft |
2019-09-01 | 40 days | 2,197 sqft |
2019-10-01 | 46 days | 2,185 sqft |
2019-11-01 | 46 days | 2,234 sqft |
2019-12-01 | 53 days | 2,161 sqft |
2020-01-01 | 60 days | 2,194 sqft |
2020-02-01 | 56 days | 2,200 sqft |
2020-03-01 | 37 days | 2,205 sqft |
2020-04-01 | 42 days | 2,239 sqft |
2020-05-01 | 53 days | 2,327 sqft |
2020-06-01 | 44 days | 2,305 sqft |
2020-07-01 | 41 days | 2,300 sqft |
2020-08-01 | 37 days | 2,270 sqft |
2020-09-01 | 36 days | 2,248 sqft |
2020-10-01 | 36 days | 2,202 sqft |
2020-11-01 | 46 days | 2,201 sqft |
2020-12-01 | 61 days | 2,193 sqft |
2021-01-01 | 53 days | 2,161 sqft |
2021-02-01 | 42 days | 2,144 sqft |
2021-03-01 | 33 days | 2,180 sqft |
2021-04-01 | 33 days | 2,174 sqft |
2021-05-01 | 29 days | 2,232 sqft |
2021-06-01 | 28 days | 2,236 sqft |
2021-07-01 | 22 days | 2,145 sqft |
2021-08-01 | 23 days | 2,213 sqft |
2021-09-01 | 22 days | 2,190 sqft |
2021-10-01 | 33 days | 2,179 sqft |
2021-11-01 | 38 days | 2,221 sqft |
2021-12-01 | 52 days | 2,220 sqft |
2022-01-01 | 64 days | 2,212 sqft |
2022-02-01 | 49 days | 2,176 sqft |
2022-03-01 | 38 days | 2,138 sqft |
2022-04-01 | 33 days | 2,184 sqft |
2022-05-01 | 28 days | 2,176 sqft |
2022-06-01 | 27 days | 2,222 sqft |
2022-07-01 | 31 days | 2,202 sqft |
2022-08-01 | 37 days | 2,223 sqft |
2022-09-01 | 47 days | 2,254 sqft |
2022-10-01 | 44 days | 2,200 sqft |
2022-11-01 | 50 days | 2,177 sqft |
2022-12-01 | 68 days | 2,146 sqft |
2023-01-01 | 79 days | 2,140 sqft |
2023-02-01 | 83 days | 2,167 sqft |
2023-03-01 | 59 days | 2,200 sqft |
2023-04-01 | 53 days | 2,167 sqft |
2023-05-01 | 44 days | 2,158 sqft |
2023-06-01 | 45 days | 2,137 sqft |
2023-07-01 | 52 days | 2,192 sqft |
2023-08-01 | 46 days | 2,194 sqft |
2023-09-01 | 49 days | 2,168 sqft |
2023-10-01 | 53 days | 2,133 sqft |
2023-11-01 | 59 days | 2,144 sqft |
2023-12-01 | 68 days | 2,092 sqft |
2024-01-01 | 78 days | 2,085 sqft |
2024-02-01 | 70 days | 2,025 sqft |
2024-03-01 | 53 days | 2,021 sqft |
2024-04-01 | 50 days | 2,071 sqft |
2024-05-01 | 42 days | 2,132 sqft |
2024-06-01 | 39 days | 2,171 sqft |
2024-07-01 | 45 days | 2,123 sqft |
2024-08-01 | 51 days | 2,120 sqft |
2024-09-01 | 0 days | 2,096 sqft |
Kennewick's median square footage for active listings during the 2024-09-01 period was 2,096 sqft. One year prior, the average listing was 2,168 sqft.