Magnolia USDA Loan Rates, Closing Costs & Stats

Magnolia, AR

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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.

    Magnolia's 3 lenders originated 5 USDA loans during 2023. The total origination value was $425,000, with an average USDA loan value of $85,000.

    Magnolia USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Magnolia averaged 6.56% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Magnolia's average USDA mortgage closing costs are $3,796.

    The average rate for the prior week (2025-02-07) was 6.52% and one month ago for the week of 2025-01-10, the average rate was 6.76%.

    The average rate one year ago was 6.65%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.53%.

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

    Magnolia 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 Magnolia level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Farmers Bank & Trust Company 3 6.21% $4,202
    EVERETT FINANCIAL, INC. 1 7.13% $3,771
    FirstTrust Home Loans, Inc. 1 7.13% $4,747

    The top Magnolia USDA lender as defined by loan originations is Farmers Bank & Trust Company, with 3 USDA loans originated. Their average total fees are $4,202, which is $431 higher than the next largest lender, EVERETT FINANCIAL, INC..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Magnolia (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 $119,900 (1.4%) $140,575 (-12.0%) 0.00 140
    2018-02-01 $114,950 (-0.9%) $137,664 (-11.4%) 0.00 136
    2018-03-01 $119,900 (4.3%) $135,804 (-13.6%) 0.00 129
    2018-04-01 $136,200 (18.4%) $147,342 (-4.4%) 0.00 128
    2018-05-01 $149,000 (24.4%) $154,166 (-0.5%) 0.00 126
    2018-06-01 $132,400 (3.2%) $146,392 (-3.6%) 0.00 127
    2018-07-01 $123,975 (-10.8%) $139,054 (-10.2%) 0.00 107
    2018-08-01 $129,900 (-3.7%) $144,044 (-5.5%) 0.00 108
    2018-09-01 $129,900 (-5.4%) $144,175 (-7.7%) 0.00 109
    2018-10-01 $131,175 (1.4%) $147,172 (-2.8%) 0.00 121
    2018-11-01 $136,250 (4.9%) $150,802 (-0.3%) 0.00 116
    2018-12-01 $144,900 (13.7%) $153,707 (4.5%) 0.00 119
    2019-01-01 $148,425 (23.8%) $155,530 (10.6%) 0.00 114
    2019-02-01 $147,375 (28.2%) $152,155 (10.5%) 0.00 116
    2019-03-01 $141,386 (17.9%) $154,470 (13.7%) 0.00 111
    2019-04-01 $140,086 (2.9%) $159,356 (8.2%) 0.00 110
    2019-05-01 $147,500 (-1.0%) $160,022 (3.8%) 0.00 115
    2019-06-01 $141,200 (6.7%) $160,634 (9.7%) 0.00 124
    2019-07-01 $139,475 (12.5%) $157,805 (13.5%) 0.00 135
    2019-08-01 $137,791 (6.1%) $160,193 (11.2%) 0.00 132
    2019-09-01 $138,977 (7.0%) $164,109 (13.8%) 0.00 129
    2019-10-01 $139,900 (6.7%) $167,569 (13.9%) 0.00 127
    2019-11-01 $142,000 (4.2%) $172,676 (14.5%) 0.00 114
    2019-12-01 $144,900 (0.0%) $171,267 (11.4%) 0.00 114
    2020-01-01 $149,000 (0.4%) $178,196 (14.6%) 0.00 108
    2020-02-01 $149,000 (1.1%) $176,888 (16.3%) 0.00 116
    2020-03-01 $145,350 (2.8%) $178,597 (15.6%) 0.00 115
    2020-04-01 $149,900 (7.0%) $184,079 (15.5%) 0.00 112
    2020-05-01 $172,500 (17.0%) $191,147 (19.5%) 0.00 111
    2020-06-01 $166,200 (17.7%) $189,715 (18.1%) 0.00 104
    2020-07-01 $159,875 (14.6%) $186,519 (18.2%) 0.00 96
    2020-08-01 $169,900 (23.3%) $191,357 (19.5%) 0.00 86
    2020-09-01 $169,750 (22.1%) $191,854 (16.9%) 0.00 75
    2020-10-01 $169,000 (20.8%) $184,401 (10.1%) 0.00 79
    2020-11-01 $169,000 (19.0%) $183,389 (6.2%) 0.00 79
    2020-12-01 $159,750 (10.3%) $174,849 (2.1%) 0.00 78
    2021-01-01 $157,000 (5.4%) $167,751 (-5.9%) 0.00 71
    2021-02-01 $157,000 (5.4%) $171,157 (-3.2%) 0.00 66
    2021-03-01 $144,925 (-0.3%) $165,192 (-7.5%) 0.00 55
    2021-04-01 $137,000 (-8.6%) $157,601 (-14.4%) 0.00 49
    2021-05-01 $137,500 (-20.3%) $154,003 (-19.4%) 0.00 41
    2021-06-01 $139,900 (-15.8%) $158,392 (-16.5%) 0.00 42
    2021-07-01 $131,200 (-17.9%) $162,475 (-12.9%) 0.00 43
    2021-08-01 $127,100 (-25.2%) $168,838 (-11.8%) 0.00 45
    2021-09-01 $140,550 (-17.2%) $189,161 (-1.4%) 0.00 44
    2021-10-01 $141,250 (-16.4%) $192,775 (4.5%) 0.00 40
    2021-11-01 $160,000 (-5.3%) $206,364 (12.5%) 0.00 37
    2021-12-01 $192,500 (20.5%) $213,111 (21.9%) 0.00 39
    2022-01-01 $175,000 (11.5%) $204,905 (22.2%) 0.00 38
    2022-02-01 $170,000 (8.3%) $191,333 (11.8%) 0.00 33
    2022-03-01 $211,150 (45.7%) $210,752 (27.6%) 0.00 32
    2022-04-01 $177,500 (29.6%) $201,612 (27.9%) 0.00 35
    2022-05-01 $219,950 (60.0%) $214,991 (39.6%) 0.00 34
    2022-06-01 $177,450 (26.8%) $205,970 (30.0%) 0.00 43
    2022-07-01 $185,000 (41.0%) $214,593 (32.1%) 0.00 46
    2022-08-01 $171,250 (34.7%) $198,083 (17.3%) 0.00 44
    2022-09-01 $190,000 (35.2%) $223,027 (17.9%) 0.00 41
    2022-10-01 $195,000 (38.1%) $216,839 (12.5%) 0.00 49
    2022-11-01 $196,000 (22.5%) $219,038 (6.1%) 0.00 52
    2022-12-01 $197,000 (2.3%) $213,193 (0.0%) 0.00 54
    2023-01-01 $182,450 (4.3%) $204,087 (-0.4%) 0.00 52
    2023-02-01 $182,450 (7.3%) $216,897 (13.4%) 0.00 53
    2023-03-01 $159,900 (-24.3%) $201,662 (-4.3%) 0.00 53
    2023-04-01 $159,900 (-9.9%) $192,716 (-4.4%) 0.00 62
    2023-05-01 $177,500 (-19.3%) $222,098 (3.3%) 0.00 63
    2023-06-01 $194,675 (9.7%) $239,461 (16.3%) 0.00 58
    2023-07-01 $212,000 (14.6%) $242,556 (13.0%) 0.00 57
    2023-08-01 $217,500 (27.0%) $248,073 (25.2%) 0.00 61
    2023-09-01 $219,900 (15.7%) $260,747 (16.9%) 0.00 72
    2023-10-01 $219,950 (12.8%) $266,299 (22.8%) 0.00 88
    2023-11-01 $219,000 (11.7%) $259,134 (18.3%) 0.00 69
    2023-12-01 $204,500 (3.8%) $248,725 (16.7%) 0.00 63
    2024-01-01 $194,450 (6.6%) $242,075 (18.6%) 0.00 59
    2024-02-01 $199,450 (9.3%) $250,880 (15.7%) 0.00 57
    2024-03-01 $191,500 (19.8%) $217,994 (8.1%) 0.00 67
    2024-04-01 $196,450 (22.9%) $228,975 (18.8%) 0.00 67
    2024-05-01 $199,550 (12.4%) $270,601 (21.8%) 0.00 64
    2024-06-01 $205,000 (5.3%) $269,767 (12.7%) 0.00 59
    2024-07-01 $201,500 (-5.0%) $269,944 (11.3%) 0.00 62
    2024-08-01 $225,000 (3.5%) $294,344 (18.7%) 0.00 74
    2024-09-01 $233,900 (6.4%) $305,273 (17.1%) 0.00 70
    2024-10-01 $244,900 (11.3%) $304,790 (14.5%) 0.00 68
    2024-11-01 $231,950 (5.9%) $299,254 (15.5%) 0.00 66
    2024-12-01 $229,000 (12.0%) $284,331 (14.3%) 0.00 68
    2025-01-01 $228,000 (17.3%) $262,297 (8.4%) 0.00 69
    Magnolia's median listing price for 2025-01-01 was $228,000, a difference of $33,550 (17.3%) versus the prior year and $-1,000 versus the prior month.

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

    Magnolia's average listing price for 2025-01-01 was $262,297, a difference of $20,222 (8.4%) versus the prior year and $-22,034 versus the prior month.

    For the 2025-01-01 period, Magnolia had 69 MLS listings, a difference of 1 listings (1%) versus the prior month and 10 listings (17%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Magnolia (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,714 sqft
    2018-02-01 0 days 1,714 sqft
    2018-03-01 0 days 1,720 sqft
    2018-04-01 0 days 1,947 sqft
    2018-05-01 0 days 2,022 sqft
    2018-06-01 0 days 2,149 sqft
    2018-07-01 0 days 2,102 sqft
    2018-08-01 0 days 2,168 sqft
    2018-09-01 0 days 2,017 sqft
    2018-10-01 0 days 1,904 sqft
    2018-11-01 0 days 1,765 sqft
    2018-12-01 0 days 1,720 sqft
    2019-01-01 0 days 1,700 sqft
    2019-02-01 0 days 1,700 sqft
    2019-03-01 0 days 1,671 sqft
    2019-04-01 0 days 1,700 sqft
    2019-05-01 0 days 1,711 sqft
    2019-06-01 0 days 1,742 sqft
    2019-07-01 0 days 1,763 sqft
    2019-08-01 0 days 1,842 sqft
    2019-09-01 0 days 1,974 sqft
    2019-10-01 0 days 2,069 sqft
    2019-11-01 0 days 2,062 sqft
    2019-12-01 0 days 1,994 sqft
    2020-01-01 0 days 2,038 sqft
    2020-02-01 0 days 1,994 sqft
    2020-03-01 0 days 1,962 sqft
    2020-04-01 0 days 1,998 sqft
    2020-05-01 0 days 1,998 sqft
    2020-06-01 0 days 2,000 sqft
    2020-07-01 0 days 1,866 sqft
    2020-08-01 0 days 1,866 sqft
    2020-09-01 0 days 2,128 sqft
    2020-10-01 0 days 2,095 sqft
    2020-11-01 0 days 1,705 sqft
    2020-12-01 0 days 1,667 sqft
    2021-01-01 0 days 1,866 sqft
    2021-02-01 0 days 1,990 sqft
    2021-03-01 0 days 2,079 sqft
    2021-04-01 0 days 2,079 sqft
    2021-05-01 0 days 2,239 sqft
    2021-06-01 0 days 2,186 sqft
    2021-07-01 0 days 2,124 sqft
    2021-08-01 0 days 2,124 sqft
    2021-09-01 0 days 2,180 sqft
    2021-10-01 0 days 1,985 sqft
    2021-11-01 0 days 2,009 sqft
    2021-12-01 0 days 1,910 sqft
    2022-01-01 0 days 1,908 sqft
    2022-02-01 0 days 1,834 sqft
    2022-03-01 0 days 1,834 sqft
    2022-04-01 0 days 1,797 sqft
    2022-05-01 0 days 1,874 sqft
    2022-06-01 0 days 1,820 sqft
    2022-07-01 0 days 1,902 sqft
    2022-08-01 0 days 1,908 sqft
    2022-09-01 0 days 2,085 sqft
    2022-10-01 0 days 2,039 sqft
    2022-11-01 0 days 1,990 sqft
    2022-12-01 0 days 1,894 sqft
    2023-01-01 0 days 1,866 sqft
    2023-02-01 0 days 1,934 sqft
    2023-03-01 0 days 1,910 sqft
    2023-04-01 0 days 1,849 sqft
    2023-05-01 0 days 1,884 sqft
    2023-06-01 0 days 1,916 sqft
    2023-07-01 0 days 1,940 sqft
    2023-08-01 0 days 1,945 sqft
    2023-09-01 0 days 1,920 sqft
    2023-10-01 0 days 1,947 sqft
    2023-11-01 0 days 1,964 sqft
    2023-12-01 0 days 1,964 sqft
    2024-01-01 0 days 1,957 sqft
    2024-02-01 0 days 2,090 sqft
    2024-03-01 0 days 1,932 sqft
    2024-04-01 0 days 2,032 sqft
    2024-05-01 0 days 2,064 sqft
    2024-06-01 0 days 2,058 sqft
    2024-07-01 0 days 1,985 sqft
    2024-08-01 0 days 2,010 sqft
    2024-09-01 0 days 2,134 sqft
    2024-10-01 0 days 2,074 sqft
    2024-11-01 0 days 2,119 sqft
    2024-12-01 0 days 2,003 sqft
    2025-01-01 0 days 1,940 sqft
    Magnolia's median listing age (time on market) for 2025-01-01 was 0 days.

    Magnolia's median square footage for active listings during the 2025-01-01 period was 1,940 sqft. One year prior, the average listing was 1,957 sqft.