Liberal USDA Loan Rates, Closing Costs & Stats

Liberal, KS

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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.

    Liberal's 4 lenders originated 15 USDA loans during 2023. The total origination value was $2,365,000, with an average USDA loan value of $157,667.

    Liberal USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Liberal averaged -0.42% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

    Liberal's average USDA mortgage closing costs are $5,899.

    The average rate for the prior week (2024-11-08) was 6.23% and one month ago for the week of 2024-10-11, the average rate was 5.89%.

    The average rate one year ago was 7.22%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0.1%.

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

    Liberal 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 Liberal level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    CMG MORTGAGE, INC. 11 6.06% $6,933
    FIRST COLONY MORTGAGE CORPORATION 2 6.56% $1,870
    Mortgage Research Center, LLC 1 6.25% $4,917
    Paramount Residential Mortgage Group, Inc. 1 6.75% $6,726

    The top Liberal USDA lender as defined by loan originations is CMG MORTGAGE, INC., with 11 USDA loans originated. Their average total fees are $6,933, which is $5,063 higher than the next largest lender, FIRST COLONY MORTGAGE CORPORATION.

    The lowest fee Liberal USDA lenders (with over 10 loans originated) are CMG MORTGAGE, INC. ($6,933), .

    The lowest rate Liberal USDA lenders (with over 10 loans originated) are CMG MORTGAGE, INC. (6.06%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Liberal (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 $119,550 (-12.4%) $140,147 (-12.3%) 0.00 65
    2018-02-01 $126,125 (-8.4%) $148,586 (-8.2%) 0.00 67
    2018-03-01 $125,500 (-14.7%) $146,618 (-11.0%) 0.00 70
    2018-04-01 $131,224 (-6.3%) $147,822 (-8.2%) 0.00 69
    2018-05-01 $141,250 (4.6%) $151,313 (-5.8%) 0.00 75
    2018-06-01 $140,000 (3.7%) $152,228 (-4.3%) 0.00 71
    2018-07-01 $146,563 (13.8%) $154,432 (4.0%) 0.00 72
    2018-08-01 $149,313 (21.9%) $153,831 (8.0%) 0.00 71
    2018-09-01 $139,900 (12.6%) $151,636 (6.6%) 0.00 70
    2018-10-01 $130,000 (5.1%) $146,987 (3.1%) 0.00 74
    2018-11-01 $135,000 (22.2%) $149,677 (12.1%) 0.00 72
    2018-12-01 $134,000 (18.1%) $149,890 (13.6%) 0.00 73
    2019-01-01 $136,250 (14.0%) $146,835 (4.8%) 0.00 67
    2019-02-01 $145,968 (15.7%) $148,907 (0.2%) 0.00 72
    2019-03-01 $149,494 (19.1%) $154,506 (5.4%) 0.00 74
    2019-04-01 $150,499 (14.7%) $158,668 (7.3%) 0.00 71
    2019-05-01 $148,938 (5.4%) $150,985 (-0.2%) 0.00 63
    2019-06-01 $145,000 (3.6%) $153,229 (0.7%) 0.00 69
    2019-07-01 $149,500 (2.0%) $159,143 (3.1%) 0.00 75
    2019-08-01 $147,245 (-1.4%) $160,247 (4.2%) 0.00 72
    2019-09-01 $143,114 (2.3%) $158,581 (4.6%) 0.00 72
    2019-10-01 $139,900 (7.6%) $157,354 (7.1%) 0.00 72
    2019-11-01 $138,000 (2.2%) $156,979 (4.9%) 0.00 72
    2019-12-01 $136,125 (1.6%) $154,373 (3.0%) 0.00 64
    2020-01-01 $134,950 (-1.0%) $151,246 (3.0%) 0.00 61
    2020-02-01 $129,900 (-11.0%) $150,100 (0.8%) 0.00 63
    2020-03-01 $133,975 (-10.4%) $153,104 (-0.9%) 0.00 70
    2020-04-01 $136,500 (-9.3%) $151,241 (-4.7%) 0.00 70
    2020-05-01 $138,000 (-7.3%) $157,768 (4.5%) 0.00 58
    2020-06-01 $150,388 (3.7%) $174,934 (14.2%) 0.00 46
    2020-07-01 $145,225 (-2.9%) $174,015 (9.4%) 0.00 41
    2020-08-01 $145,000 (-1.5%) $189,731 (18.4%) 0.00 35
    2020-09-01 $169,850 (18.7%) $201,112 (26.8%) 0.00 27
    2020-10-01 $170,000 (21.5%) $203,745 (29.5%) 0.00 24
    2020-11-01 $147,725 (7.1%) $195,018 (24.2%) 0.00 24
    2020-12-01 $148,975 (9.4%) $189,037 (22.5%) 0.00 25
    2021-01-01 $144,900 (7.4%) $182,674 (20.8%) 0.00 23
    2021-02-01 $164,950 (27.0%) $186,427 (24.2%) 0.00 17
    2021-03-01 $126,725 (-5.4%) $166,156 (8.5%) 0.00 12
    2021-04-01 $154,750 (13.4%) $184,753 (22.2%) 0.00 12
    2021-05-01 $140,000 (1.5%) $168,262 (6.7%) 0.00 10
    2021-06-01 $135,500 (-9.9%) $161,944 (-7.4%) 0.00 14
    2021-07-01 $141,750 (-2.4%) $157,030 (-9.8%) 0.00 19
    2021-08-01 $137,500 (-5.2%) $146,347 (-22.9%) 0.00 26
    2021-09-01 $139,675 (-17.8%) $150,873 (-25.0%) 0.00 27
    2021-10-01 $132,500 (-22.1%) $155,129 (-23.9%) 0.00 28
    2021-11-01 $132,475 (-10.3%) $164,254 (-15.8%) 0.00 23
    2021-12-01 $135,000 (-9.4%) $173,409 (-8.3%) 0.00 18
    2022-01-01 $140,000 (-3.4%) $186,819 (2.3%) 0.00 12
    2022-02-01 $129,050 (-21.8%) $188,755 (1.3%) 0.00 11
    2022-03-01 $135,975 (7.3%) $153,013 (-7.9%) 0.00 8
    2022-04-01 $143,000 (-7.6%) $176,660 (-4.4%) 0.00 7
    2022-05-01 $170,475 (21.8%) $206,183 (22.5%) 0.00 8
    2022-06-01 $135,750 (0.2%) $174,039 (7.5%) 0.00 11
    2022-07-01 $170,000 (19.9%) $187,618 (19.5%) 0.00 14
    2022-08-01 $168,200 (22.3%) $202,582 (38.4%) 0.00 15
    2022-09-01 $192,500 (37.8%) $225,506 (49.5%) 0.00 11
    2022-10-01 $204,250 (54.2%) $210,843 (35.9%) 0.00 13
    2022-11-01 $190,350 (43.7%) $200,524 (22.1%) 0.00 11
    2022-12-01 $159,000 (17.8%) $194,620 (12.2%) 0.00 18
    2023-01-01 $154,950 (10.7%) $191,221 (2.4%) 0.00 16
    2023-02-01 $174,950 (35.6%) $207,275 (9.8%) 0.00 14
    2023-03-01 $178,500 (31.3%) $203,232 (32.8%) 0.00 18
    2023-04-01 $192,450 (34.6%) $218,439 (23.7%) 0.00 18
    2023-05-01 $210,000 (23.2%) $229,938 (11.5%) 0.00 17
    2023-06-01 $249,950 (84.1%) $247,218 (42.1%) 0.00 13
    2023-07-01 $234,950 (38.2%) $245,806 (31.0%) 0.00 13
    2023-08-01 $220,500 (31.1%) $230,843 (14.0%) 0.00 14
    2023-09-01 $206,500 (7.3%) $228,933 (1.5%) 0.00 19
    2023-10-01 $162,375 (-20.5%) $223,067 (5.8%) 0.00 18
    2023-11-01 $180,925 (-5.0%) $223,005 (11.2%) 0.00 20
    2023-12-01 $179,900 (13.1%) $219,662 (12.9%) 0.00 20
    2024-01-01 $199,875 (29.0%) $227,763 (19.1%) 0.00 18
    2024-02-01 $198,475 (13.5%) $208,932 (0.8%) 0.00 20
    2024-03-01 $150,000 (-16.0%) $200,107 (-1.5%) 0.00 17
    2024-04-01 $150,000 (-22.1%) $206,873 (-5.3%) 0.00 15
    2024-05-01 $167,250 (-20.4%) $202,528 (-11.9%) 0.00 19
    2024-06-01 $195,900 (-21.6%) $218,693 (-11.5%) 0.00 26
    2024-07-01 $200,600 (-14.6%) $213,438 (-13.2%) 0.00 38
    2024-08-01 $218,750 (-0.8%) $241,015 (4.4%) 0.00 42
    2024-09-01 $215,625 (4.4%) $236,675 (3.4%) 0.00 42
    2024-10-01 $211,000 (30.0%) $231,771 (3.9%) 0.00 40
    Liberal's median listing price for 2024-10-01 was $211,000, a difference of $48,625 (30.0%) versus the prior year and $-4,625 versus the prior month.

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

    Liberal's average listing price for 2024-10-01 was $231,771, a difference of $8,704 (3.9%) versus the prior year and $-4,904 versus the prior month.

    For the 2024-10-01 period, Liberal had 40 MLS listings, a difference of -2 listings (-5%) versus the prior month and 22 listings (122%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Liberal (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,780 sqft
    2018-02-01 0 days 1,824 sqft
    2018-03-01 0 days 1,747 sqft
    2018-04-01 0 days 1,736 sqft
    2018-05-01 0 days 1,844 sqft
    2018-06-01 0 days 1,887 sqft
    2018-07-01 0 days 1,947 sqft
    2018-08-01 0 days 2,058 sqft
    2018-09-01 0 days 1,920 sqft
    2018-10-01 0 days 1,970 sqft
    2018-11-01 0 days 2,070 sqft
    2018-12-01 0 days 2,087 sqft
    2019-01-01 0 days 2,116 sqft
    2019-02-01 0 days 2,170 sqft
    2019-03-01 0 days 2,174 sqft
    2019-04-01 0 days 2,216 sqft
    2019-05-01 0 days 2,131 sqft
    2019-06-01 0 days 2,057 sqft
    2019-07-01 0 days 2,135 sqft
    2019-08-01 0 days 2,159 sqft
    2019-09-01 0 days 2,196 sqft
    2019-10-01 0 days 2,221 sqft
    2019-11-01 0 days 2,126 sqft
    2019-12-01 0 days 2,157 sqft
    2020-01-01 0 days 1,930 sqft
    2020-02-01 0 days 1,839 sqft
    2020-03-01 0 days 1,839 sqft
    2020-04-01 0 days 1,851 sqft
    2020-05-01 0 days 1,897 sqft
    2020-06-01 0 days 2,003 sqft
    2020-07-01 0 days 2,052 sqft
    2020-08-01 0 days 2,034 sqft
    2020-09-01 0 days 2,195 sqft
    2020-10-01 0 days 1,980 sqft
    2020-11-01 0 days 1,963 sqft
    2020-12-01 0 days 1,971 sqft
    2021-01-01 0 days 1,904 sqft
    2021-02-01 0 days 2,310 sqft
    2021-03-01 0 days 1,963 sqft
    2021-04-01 0 days 2,098 sqft
    2021-05-01 0 days 1,857 sqft
    2021-06-01 0 days 1,937 sqft
    2021-07-01 0 days 1,937 sqft
    2021-08-01 0 days 1,835 sqft
    2021-09-01 0 days 1,848 sqft
    2021-10-01 0 days 1,814 sqft
    2021-11-01 0 days 1,805 sqft
    2021-12-01 0 days 1,787 sqft
    2022-01-01 0 days 1,824 sqft
    2022-02-01 0 days 1,865 sqft
    2022-03-01 0 days 1,699 sqft
    2022-04-01 0 days 1,772 sqft
    2022-05-01 0 days 2,042 sqft
    2022-06-01 0 days 1,792 sqft
    2022-07-01 0 days 1,982 sqft
    2022-08-01 0 days 1,892 sqft
    2022-09-01 0 days 2,264 sqft
    2022-10-01 0 days 2,064 sqft
    2022-11-01 0 days 2,441 sqft
    2022-12-01 0 days 1,986 sqft
    2023-01-01 0 days 1,683 sqft
    2023-02-01 0 days 1,919 sqft
    2023-03-01 0 days 1,830 sqft
    2023-04-01 0 days 2,064 sqft
    2023-05-01 0 days 2,020 sqft
    2023-06-01 0 days 2,495 sqft
    2023-07-01 0 days 2,477 sqft
    2023-08-01 0 days 2,453 sqft
    2023-09-01 0 days 2,241 sqft
    2023-10-01 0 days 1,981 sqft
    2023-11-01 0 days 1,637 sqft
    2023-12-01 0 days 1,811 sqft
    2024-01-01 0 days 1,881 sqft
    2024-02-01 0 days 1,943 sqft
    2024-03-01 0 days 1,768 sqft
    2024-04-01 0 days 1,854 sqft
    2024-05-01 0 days 1,775 sqft
    2024-06-01 0 days 1,781 sqft
    2024-07-01 0 days 1,888 sqft
    2024-08-01 0 days 1,986 sqft
    2024-09-01 0 days 2,047 sqft
    2024-10-01 0 days 2,030 sqft
    Liberal's median listing age (time on market) for 2024-10-01 was 0 days.

    Liberal's median square footage for active listings during the 2024-10-01 period was 2,030 sqft. One year prior, the average listing was 1,981 sqft.