Kirksville USDA Loan Rates, Closing Costs & Stats

Kirksville, MO

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.

Kirksville's 6 lenders originated 17 USDA loans during 2023. The total origination value was $1,985,000, with an average USDA loan value of $116,765.

Kirksville USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Kirksville averaged 6.7% for the week of 2024-03-22, compared to the national average (all USDA variants) of 6.674% for the same period.

Kirksville's average USDA mortgage closing costs are $3,637.

The average rate for the prior week (2024-03-15) was 6.93% and one month ago for the week of 2024-02-16, the average rate was 6.81%.

The average rate one year ago was 6.5%.

For refis of the same type during the week of 2024-03-22, the average rate was 6.77%.

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

Kirksville 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 Kirksville level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
DAS Acquisition Company, LLC 5 6.73% $4,453
FLAT BRANCH MORTGAGE, INC. 4 6.59% $4,809
Bank of England 1 6.25% $5,432
Community Mortgage Banc Corporation 1 6.50% $3,762
Members Mortgage Services, L.L.C. 1 6.88% $4,003
NBH Bank 1 7.00% $4,316

The top Kirksville USDA lender as defined by loan originations is DAS Acquisition Company, LLC, with 5 USDA loans originated. Their average total fees are $4,453, which is $356 lower than the next largest lender, FLAT BRANCH MORTGAGE, INC..

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Kirksville (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 $94,950 (5.7%) $155,793 (9.1%) 0.00 109
2018-02-01 $84,125 (-11.9%) $157,132 (9.0%) 0.00 106
2018-03-01 $104,900 (-0.8%) $166,116 (9.2%) 0.00 110
2018-04-01 $114,950 (4.6%) $171,283 (7.5%) 0.00 123
2018-05-01 $122,150 (11.1%) $175,582 (11.0%) 0.00 131
2018-06-01 $119,900 (4.3%) $163,158 (1.8%) 0.00 138
2018-07-01 $124,900 (9.9%) $160,439 (1.4%) 0.00 139
2018-08-01 $116,650 (3.7%) $159,301 (-1.2%) 0.00 137
2018-09-01 $99,900 (-7.5%) $147,247 (-5.4%) 0.00 125
2018-10-01 $95,200 (-2.1%) $145,527 (-5.3%) 0.00 116
2018-11-01 $99,900 (6.4%) $149,982 (-0.4%) 0.00 116
2018-12-01 $105,000 (10.5%) $150,372 (-5.7%) 0.00 111
2019-01-01 $104,500 (10.1%) $154,904 (-0.6%) 0.00 98
2019-02-01 $104,500 (24.2%) $157,985 (0.5%) 0.00 97
2019-03-01 $100,886 (-3.8%) $159,860 (-3.8%) 0.00 99
2019-04-01 $100,886 (-12.2%) $162,759 (-5.0%) 0.00 99
2019-05-01 $99,900 (-18.2%) $165,816 (-5.6%) 0.00 98
2019-06-01 $99,900 (-16.7%) $164,507 (0.8%) 0.00 113
2019-07-01 $107,225 (-14.2%) $168,676 (5.1%) 0.00 121
2019-08-01 $106,736 (-8.5%) $170,964 (7.3%) 0.00 122
2019-09-01 $102,666 (2.8%) $164,631 (11.8%) 0.00 122
2019-10-01 $99,800 (4.8%) $161,750 (11.2%) 0.00 125
2019-11-01 $99,500 (-0.4%) $170,894 (13.9%) 0.00 109
2019-12-01 $95,600 (-9.0%) $166,746 (10.9%) 0.00 98
2020-01-01 $89,675 (-14.2%) $166,928 (7.8%) 0.00 93
2020-02-01 $88,500 (-15.3%) $163,703 (3.6%) 0.00 95
2020-03-01 $93,944 (-6.9%) $165,654 (3.6%) 0.00 105
2020-04-01 $102,300 (1.4%) $169,666 (4.2%) 0.00 111
2020-05-01 $109,900 (10.0%) $175,829 (6.0%) 0.00 102
2020-06-01 $126,150 (26.3%) $193,366 (17.5%) 0.00 96
2020-07-01 $119,000 (11.0%) $192,784 (14.3%) 0.00 85
2020-08-01 $116,250 (8.9%) $191,274 (11.9%) 0.00 88
2020-09-01 $114,950 (12.0%) $193,989 (17.8%) 0.00 80
2020-10-01 $109,500 (9.7%) $185,824 (14.9%) 0.00 81
2020-11-01 $117,000 (17.6%) $190,458 (11.5%) 0.00 72
2020-12-01 $99,675 (4.3%) $164,608 (-1.3%) 0.00 77
2021-01-01 $97,500 (8.7%) $165,866 (-0.6%) 0.00 76
2021-02-01 $94,475 (6.8%) $171,758 (4.9%) 0.00 80
2021-03-01 $90,575 (-3.6%) $162,114 (-2.1%) 0.00 75
2021-04-01 $89,900 (-12.1%) $161,427 (-4.9%) 0.00 67
2021-05-01 $117,400 (6.8%) $163,718 (-6.9%) 0.00 66
2021-06-01 $108,650 (-13.9%) $160,698 (-16.9%) 0.00 64
2021-07-01 $111,950 (-5.9%) $165,042 (-14.4%) 0.00 69
2021-08-01 $116,600 (0.3%) $156,218 (-18.3%) 0.00 81
2021-09-01 $119,750 (4.2%) $165,814 (-14.5%) 0.00 82
2021-10-01 $124,500 (13.7%) $176,204 (-5.2%) 0.00 82
2021-11-01 $149,900 (28.1%) $302,133 (58.6%) 0.00 86
2021-12-01 $130,800 (31.2%) $295,003 (79.2%) 0.00 82
2022-01-01 $138,000 (41.5%) $322,115 (94.2%) 0.00 71
2022-02-01 $149,900 (58.7%) $334,522 (94.8%) 0.00 64
2022-03-01 $169,350 (87.0%) $379,026 (133.8%) 0.00 51
2022-04-01 $159,900 (77.9%) $397,158 (146.0%) 0.00 45
2022-05-01 $150,875 (28.5%) $382,977 (133.9%) 0.00 51
2022-06-01 $187,400 (72.5%) $420,577 (161.7%) 0.00 54
2022-07-01 $193,500 (72.9%) $361,117 (118.8%) 0.00 74
2022-08-01 $185,950 (59.5%) $346,761 (122.0%) 0.00 81
2022-09-01 $174,975 (46.1%) $324,107 (95.5%) 0.00 83
2022-10-01 $179,900 (44.5%) $342,196 (94.2%) 0.00 70
2022-11-01 $175,000 (16.7%) $344,245 (13.9%) 0.00 65
2022-12-01 $168,750 (29.0%) $353,113 (19.7%) 0.00 56
2023-01-01 $179,200 (29.9%) $284,181 (-11.8%) 0.00 56
2023-02-01 $190,450 (27.1%) $251,554 (-24.8%) 0.00 56
2023-03-01 $212,950 (25.8%) $249,059 (-34.3%) 0.00 64
2023-04-01 $213,900 (33.8%) $247,584 (-37.7%) 0.00 63
2023-05-01 $198,925 (31.9%) $217,291 (-43.3%) 0.00 68
2023-06-01 $189,950 (1.4%) $211,856 (-49.6%) 0.00 75
2023-07-01 $187,400 (-3.2%) $224,878 (-37.7%) 0.00 83
2023-08-01 $190,000 (2.2%) $237,164 (-31.6%) 0.00 78
2023-09-01 $190,000 (8.6%) $246,300 (-24.0%) 0.00 84
2023-10-01 $197,250 (9.6%) $253,603 (-25.9%) 0.00 83
2023-11-01 $191,650 (9.5%) $258,538 (-24.9%) 0.00 86
2023-12-01 $173,950 (3.1%) $252,751 (-28.4%) 0.00 75
2024-01-01 $177,475 (-1.0%) $253,739 (-10.7%) 0.00 65
2024-02-01 $158,750 (-16.6%) $238,738 (-5.1%) 0.00 73
Kirksville's median listing price for 2024-02-01 was $158,750, a difference of $-31,700 (-16.6%) versus the prior year and $-18,725 versus the prior month.

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

Kirksville's average listing price for 2024-02-01 was $238,738, a difference of $-12,816 (-5.1%) versus the prior year and $-15,001 versus the prior month.

For the 2024-02-01 period, Kirksville had 73 MLS listings, a difference of 8 listings (12%) versus the prior month and 17 listings (30%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Kirksville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,414 sqft
2018-02-01 0 days 1,400 sqft
2018-03-01 0 days 1,405 sqft
2018-04-01 0 days 1,475 sqft
2018-05-01 0 days 1,530 sqft
2018-06-01 0 days 1,526 sqft
2018-07-01 0 days 1,531 sqft
2018-08-01 0 days 1,470 sqft
2018-09-01 0 days 1,415 sqft
2018-10-01 0 days 1,401 sqft
2018-11-01 0 days 1,401 sqft
2018-12-01 0 days 1,404 sqft
2019-01-01 0 days 1,400 sqft
2019-02-01 0 days 1,401 sqft
2019-03-01 0 days 1,465 sqft
2019-04-01 0 days 1,538 sqft
2019-05-01 0 days 1,513 sqft
2019-06-01 0 days 1,501 sqft
2019-07-01 0 days 1,475 sqft
2019-08-01 0 days 1,507 sqft
2019-09-01 0 days 1,449 sqft
2019-10-01 0 days 1,440 sqft
2019-11-01 0 days 1,500 sqft
2019-12-01 0 days 1,497 sqft
2020-01-01 0 days 1,438 sqft
2020-02-01 0 days 1,405 sqft
2020-03-01 0 days 1,488 sqft
2020-04-01 0 days 1,561 sqft
2020-05-01 0 days 1,575 sqft
2020-06-01 0 days 1,635 sqft
2020-07-01 0 days 1,646 sqft
2020-08-01 0 days 1,680 sqft
2020-09-01 0 days 1,578 sqft
2020-10-01 0 days 1,518 sqft
2020-11-01 0 days 1,534 sqft
2020-12-01 0 days 1,474 sqft
2021-01-01 0 days 1,468 sqft
2021-02-01 0 days 1,433 sqft
2021-03-01 0 days 1,348 sqft
2021-04-01 0 days 1,407 sqft
2021-05-01 0 days 1,419 sqft
2021-06-01 0 days 1,462 sqft
2021-07-01 0 days 1,474 sqft
2021-08-01 0 days 1,369 sqft
2021-09-01 0 days 1,374 sqft
2021-10-01 0 days 1,314 sqft
2021-11-01 0 days 1,410 sqft
2021-12-01 0 days 1,435 sqft
2022-01-01 0 days 1,465 sqft
2022-02-01 0 days 1,451 sqft
2022-03-01 0 days 1,680 sqft
2022-04-01 0 days 1,658 sqft
2022-05-01 0 days 1,436 sqft
2022-06-01 0 days 1,840 sqft
2022-07-01 0 days 1,957 sqft
2022-08-01 0 days 1,711 sqft
2022-09-01 0 days 1,699 sqft
2022-10-01 0 days 1,752 sqft
2022-11-01 0 days 1,635 sqft
2022-12-01 0 days 1,619 sqft
2023-01-01 0 days 1,619 sqft
2023-02-01 0 days 1,672 sqft
2023-03-01 0 days 1,658 sqft
2023-04-01 0 days 1,598 sqft
2023-05-01 0 days 1,622 sqft
2023-06-01 0 days 1,600 sqft
2023-07-01 0 days 1,656 sqft
2023-08-01 0 days 1,777 sqft
2023-09-01 0 days 1,778 sqft
2023-10-01 0 days 1,800 sqft
2023-11-01 0 days 1,800 sqft
2023-12-01 0 days 1,555 sqft
2024-01-01 0 days 1,550 sqft
2024-02-01 0 days 1,496 sqft
Kirksville's median listing age (time on market) for 2024-02-01 was 0 days.

Kirksville's median square footage for active listings during the 2024-02-01 period was 1,496 sqft. One year prior, the average listing was 1,672 sqft.