Logan USDA Loan Rates, Closing Costs & Stats
LOGAN, UT-ID
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.
Logan's 8 lenders originated 23 USDA loans during 2023. The total origination value was $7,895,000, with an average USDA loan value of $343,261.
Logan USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Logan
averaged
6.06%
for the week of 2024-10-11, compared to the national average (all USDA variants) of
6.08% for the same period.
Logan's average USDA mortgage closing costs are $6,478.
The average rate for the prior week (2024-10-04) was
5.56% and
one month ago for the week of 2024-09-06, the
average rate was 6.04%.
The average rate one year ago was 7.24%.
For refis of the same type during the week of 2024-10-11, the average rate
was 6.19%.
Logan 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 Logan level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
UNITED WHOLESALE MORTGAGE, LLC | 5 | 5.39% | $13,582 |
GUILD MORTGAGE COMPANY | 5 | 5.80% | $12,155 |
Sierra Pacific Mortgage Company, Inc. | 3 | 6.08% | $13,795 |
Century Mortgage Company DBA Century Lending Company | 3 | 5.13% | $17,712 |
INTERCAP LENDING INC. | 2 | 4.88% | $17,227 |
NEWREZ LLC | 1 | 6.75% | $6,188 |
Cache Valley Bank | 1 | 5.88% | $1,025 |
FIRST COLONY MORTGAGE CORPORATION | 1 | 6.50% | $6,556 |
The top Logan USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
5 USDA loans originated. Their average total fees are
$13,582, which is $1,427
higher than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee Logan USDA lenders (with over 10 loans originated) are
.
The lowest rate Logan USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Logan (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 | $299,325 (15.4%) | $391,550 (26.1%) | 0.00 | 219 |
2018-02-01 | $309,450 (15.0%) | $433,201 (37.5%) | 0.00 | 212 |
2018-03-01 | $320,000 (12.8%) | $438,209 (30.6%) | 0.00 | 220 |
2018-04-01 | $326,675 (15.4%) | $438,440 (28.0%) | 0.00 | 257 |
2018-05-01 | $324,900 (12.2%) | $428,219 (21.7%) | 0.00 | 285 |
2018-06-01 | $314,000 (10.3%) | $418,252 (20.5%) | 0.00 | 345 |
2018-07-01 | $318,875 (10.0%) | $406,795 (14.5%) | 0.00 | 361 |
2018-08-01 | $299,950 (0.2%) | $371,914 (0.3%) | 0.00 | 363 |
2018-09-01 | $299,250 (1.8%) | $384,436 (7.0%) | 0.00 | 360 |
2018-10-01 | $299,475 (0.5%) | $390,555 (6.6%) | 0.00 | 357 |
2018-11-01 | $299,900 (1.1%) | $395,472 (4.3%) | 0.00 | 343 |
2018-12-01 | $308,499 (3.7%) | $419,904 (9.5%) | 0.00 | 291 |
2019-01-01 | $295,975 (-1.1%) | $402,629 (2.8%) | 0.00 | 255 |
2019-02-01 | $299,900 (-3.1%) | $409,758 (-5.4%) | 0.00 | 254 |
2019-03-01 | $314,214 (-1.8%) | $418,292 (-4.5%) | 0.00 | 250 |
2019-04-01 | $333,644 (2.1%) | $425,139 (-3.0%) | 0.00 | 264 |
2019-05-01 | $346,950 (6.8%) | $437,271 (2.1%) | 0.00 | 267 |
2019-06-01 | $341,450 (8.7%) | $441,770 (5.6%) | 0.00 | 289 |
2019-07-01 | $332,400 (4.2%) | $427,303 (5.0%) | 0.00 | 300 |
2019-08-01 | $325,836 (8.6%) | $418,635 (12.6%) | 0.00 | 302 |
2019-09-01 | $319,741 (6.9%) | $406,641 (5.8%) | 0.00 | 314 |
2019-10-01 | $318,127 (6.2%) | $400,008 (2.4%) | 0.00 | 329 |
2019-11-01 | $319,450 (6.5%) | $390,399 (-1.3%) | 0.00 | 314 |
2019-12-01 | $315,825 (2.4%) | $381,399 (-9.2%) | 0.00 | 275 |
2020-01-01 | $309,900 (4.7%) | $382,605 (-5.0%) | 0.00 | 238 |
2020-02-01 | $300,950 (0.4%) | $396,064 (-3.3%) | 0.00 | 232 |
2020-03-01 | $315,000 (0.3%) | $413,729 (-1.1%) | 0.00 | 217 |
2020-04-01 | $325,725 (-2.4%) | $433,792 (2.0%) | 0.00 | 242 |
2020-05-01 | $319,900 (-7.8%) | $438,334 (0.2%) | 0.00 | 242 |
2020-06-01 | $336,388 (-1.5%) | $455,931 (3.2%) | 0.00 | 224 |
2020-07-01 | $339,900 (2.3%) | $488,006 (14.2%) | 0.00 | 180 |
2020-08-01 | $350,000 (7.4%) | $538,768 (28.7%) | 0.00 | 122 |
2020-09-01 | $351,800 (10.0%) | $587,600 (44.5%) | 0.00 | 117 |
2020-10-01 | $367,450 (15.5%) | $654,902 (63.7%) | 0.00 | 108 |
2020-11-01 | $389,900 (22.1%) | $714,533 (83.0%) | 0.00 | 87 |
2020-12-01 | $369,950 (17.1%) | $723,006 (89.6%) | 0.00 | 81 |
2021-01-01 | $415,000 (33.9%) | $804,935 (110.4%) | 0.00 | 63 |
2021-02-01 | $512,500 (70.3%) | $971,300 (145.2%) | 0.00 | 54 |
2021-03-01 | $461,225 (46.4%) | $915,053 (121.2%) | 0.00 | 56 |
2021-04-01 | $479,125 (47.1%) | $893,708 (106.0%) | 0.00 | 62 |
2021-05-01 | $477,500 (49.3%) | $925,741 (111.2%) | 0.00 | 66 |
2021-06-01 | $512,500 (52.4%) | $914,784 (100.6%) | 0.00 | 75 |
2021-07-01 | $519,900 (53.0%) | $882,906 (80.9%) | 0.00 | 91 |
2021-08-01 | $453,450 (29.6%) | $790,052 (46.6%) | 0.00 | 114 |
2021-09-01 | $471,200 (33.9%) | $781,907 (33.1%) | 0.00 | 121 |
2021-10-01 | $499,800 (36.0%) | $844,660 (29.0%) | 0.00 | 117 |
2021-11-01 | $520,750 (33.6%) | $883,335 (23.6%) | 0.00 | 96 |
2021-12-01 | $512,500 (38.5%) | $774,478 (7.1%) | 0.00 | 79 |
2022-01-01 | $495,000 (19.3%) | $812,113 (0.9%) | 0.00 | 79 |
2022-02-01 | $529,475 (3.3%) | $853,410 (-12.1%) | 0.00 | 83 |
2022-03-01 | $535,725 (16.2%) | $910,883 (-0.5%) | 0.00 | 71 |
2022-04-01 | $504,450 (5.3%) | $760,747 (-14.9%) | 0.00 | 96 |
2022-05-01 | $520,000 (8.9%) | $699,528 (-24.4%) | 0.00 | 170 |
2022-06-01 | $532,950 (4.0%) | $654,534 (-28.5%) | 0.00 | 243 |
2022-07-01 | $524,900 (1.0%) | $618,486 (-30.0%) | 0.00 | 313 |
2022-08-01 | $509,500 (12.4%) | $613,338 (-22.4%) | 0.00 | 353 |
2022-09-01 | $513,975 (9.1%) | $638,292 (-18.4%) | 0.00 | 331 |
2022-10-01 | $499,999 (0.0%) | $650,141 (-23.0%) | 0.00 | 326 |
2022-11-01 | $499,700 (-4.0%) | $644,837 (-27.0%) | 0.00 | 328 |
2022-12-01 | $499,999 (-2.4%) | $630,011 (-18.7%) | 0.00 | 291 |
2023-01-01 | $510,700 (3.2%) | $617,319 (-24.0%) | 0.00 | 258 |
2023-02-01 | $499,900 (-5.6%) | $624,248 (-26.9%) | 0.00 | 255 |
2023-03-01 | $499,200 (-6.8%) | $615,709 (-32.4%) | 0.00 | 266 |
2023-04-01 | $495,000 (-1.9%) | $615,789 (-19.1%) | 0.00 | 277 |
2023-05-01 | $492,000 (-5.4%) | $611,607 (-12.6%) | 0.00 | 281 |
2023-06-01 | $480,000 (-9.9%) | $585,764 (-10.5%) | 0.00 | 346 |
2023-07-01 | $485,000 (-7.6%) | $584,002 (-5.6%) | 0.00 | 362 |
2023-08-01 | $489,500 (-3.9%) | $577,089 (-5.9%) | 0.00 | 384 |
2023-09-01 | $499,900 (-2.7%) | $629,530 (-1.4%) | 0.00 | 377 |
2023-10-01 | $499,675 (-0.1%) | $633,000 (-2.6%) | 0.00 | 376 |
2023-11-01 | $499,950 (0.1%) | $642,854 (-0.3%) | 0.00 | 353 |
2023-12-01 | $495,000 (-1.0%) | $635,175 (0.8%) | 0.00 | 311 |
2024-01-01 | $492,450 (-3.6%) | $648,562 (5.1%) | 0.00 | 260 |
2024-02-01 | $499,900 (0.0%) | $671,018 (7.5%) | 0.00 | 242 |
2024-03-01 | $499,000 (0.0%) | $653,458 (6.1%) | 0.00 | 257 |
2024-04-01 | $499,973 (1.0%) | $625,350 (1.6%) | 0.00 | 304 |
2024-05-01 | $526,175 (7.0%) | $661,520 (8.2%) | 0.00 | 319 |
2024-06-01 | $509,000 (6.0%) | $653,239 (11.5%) | 0.00 | 363 |
2024-07-01 | $507,375 (4.6%) | $654,823 (12.1%) | 0.00 | 399 |
2024-08-01 | $499,900 (2.1%) | $670,090 (16.1%) | 0.00 | 427 |
2024-09-01 | $514,996 (3.0%) | $646,402 (2.7%) | 0.00 | 457 |
Logan's median listing price comes in at 0% of the national average.
Logan's average listing price for 2024-09-01 was $646,402, a difference of $16,872 (2.7%) versus the prior year and $-23,688 versus the prior month.
For the 2024-09-01 period, Logan had 457 MLS listings, a difference of 30 listings (7%) versus the prior month and 80 listings (21%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Logan (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,999 sqft |
2018-02-01 | 0 days | 3,059 sqft |
2018-03-01 | 0 days | 3,117 sqft |
2018-04-01 | 0 days | 3,092 sqft |
2018-05-01 | 0 days | 2,942 sqft |
2018-06-01 | 0 days | 2,890 sqft |
2018-07-01 | 0 days | 2,900 sqft |
2018-08-01 | 0 days | 2,706 sqft |
2018-09-01 | 0 days | 2,688 sqft |
2018-10-01 | 0 days | 2,676 sqft |
2018-11-01 | 0 days | 2,674 sqft |
2018-12-01 | 0 days | 2,822 sqft |
2019-01-01 | 0 days | 2,703 sqft |
2019-02-01 | 0 days | 2,644 sqft |
2019-03-01 | 0 days | 2,723 sqft |
2019-04-01 | 0 days | 2,932 sqft |
2019-05-01 | 0 days | 3,004 sqft |
2019-06-01 | 0 days | 3,090 sqft |
2019-07-01 | 0 days | 2,880 sqft |
2019-08-01 | 0 days | 2,792 sqft |
2019-09-01 | 0 days | 2,737 sqft |
2019-10-01 | 0 days | 2,695 sqft |
2019-11-01 | 0 days | 2,647 sqft |
2019-12-01 | 0 days | 2,591 sqft |
2020-01-01 | 0 days | 2,560 sqft |
2020-02-01 | 0 days | 2,432 sqft |
2020-03-01 | 0 days | 2,509 sqft |
2020-04-01 | 0 days | 2,436 sqft |
2020-05-01 | 0 days | 2,460 sqft |
2020-06-01 | 0 days | 2,585 sqft |
2020-07-01 | 0 days | 2,675 sqft |
2020-08-01 | 0 days | 2,816 sqft |
2020-09-01 | 0 days | 2,677 sqft |
2020-10-01 | 0 days | 2,737 sqft |
2020-11-01 | 0 days | 2,734 sqft |
2020-12-01 | 0 days | 2,578 sqft |
2021-01-01 | 0 days | 2,588 sqft |
2021-02-01 | 0 days | 2,811 sqft |
2021-03-01 | 0 days | 2,770 sqft |
2021-04-01 | 0 days | 2,777 sqft |
2021-05-01 | 0 days | 2,800 sqft |
2021-06-01 | 0 days | 2,818 sqft |
2021-07-01 | 0 days | 2,693 sqft |
2021-08-01 | 0 days | 2,581 sqft |
2021-09-01 | 0 days | 2,596 sqft |
2021-10-01 | 0 days | 2,734 sqft |
2021-11-01 | 0 days | 2,866 sqft |
2021-12-01 | 0 days | 2,585 sqft |
2022-01-01 | 0 days | 2,393 sqft |
2022-02-01 | 0 days | 2,613 sqft |
2022-03-01 | 0 days | 2,563 sqft |
2022-04-01 | 0 days | 2,510 sqft |
2022-05-01 | 0 days | 2,475 sqft |
2022-06-01 | 0 days | 2,480 sqft |
2022-07-01 | 0 days | 2,487 sqft |
2022-08-01 | 0 days | 2,487 sqft |
2022-09-01 | 0 days | 2,490 sqft |
2022-10-01 | 0 days | 2,500 sqft |
2022-11-01 | 0 days | 2,502 sqft |
2022-12-01 | 0 days | 2,518 sqft |
2023-01-01 | 0 days | 2,545 sqft |
2023-02-01 | 0 days | 2,593 sqft |
2023-03-01 | 0 days | 2,584 sqft |
2023-04-01 | 0 days | 2,487 sqft |
2023-05-01 | 0 days | 2,481 sqft |
2023-06-01 | 0 days | 2,417 sqft |
2023-07-01 | 0 days | 2,366 sqft |
2023-08-01 | 0 days | 2,328 sqft |
2023-09-01 | 0 days | 2,506 sqft |
2023-10-01 | 0 days | 2,549 sqft |
2023-11-01 | 0 days | 2,582 sqft |
2023-12-01 | 0 days | 2,515 sqft |
2024-01-01 | 0 days | 2,541 sqft |
2024-02-01 | 0 days | 2,580 sqft |
2024-03-01 | 0 days | 2,549 sqft |
2024-04-01 | 0 days | 2,550 sqft |
2024-05-01 | 0 days | 2,633 sqft |
2024-06-01 | 0 days | 2,520 sqft |
2024-07-01 | 0 days | 2,535 sqft |
2024-08-01 | 0 days | 2,520 sqft |
2024-09-01 | 0 days | 2,559 sqft |
Logan's median square footage for active listings during the 2024-09-01 period was 2,559 sqft. One year prior, the average listing was 2,506 sqft.