Manitowoc USDA Loan Rates, Closing Costs & Stats
Manitowoc, WI
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.
Manitowoc's 1 lenders originated 1 USDA loans during 2023. The total origination value was $295,000, with an average USDA loan value of $295,000.
Manitowoc USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Manitowoc
averaged
6.58%
for the week of 2024-12-13, compared to the national average (all USDA variants) of
6.303% for the same period.
Manitowoc's average USDA mortgage closing costs are $3,853.
The average rate for the prior week (2024-12-06) was
6.52% and
one month ago for the week of 2024-11-08, the
average rate was 6.33%.
The average rate one year ago was 6.9%.
For refis of the same type during the week of 2024-12-13, the average rate
was 6.4%.
Manitowoc 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 Manitowoc level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Paramount Residential Mortgage Group, Inc. | 1 | 7.00% | $12,693 |
The lowest fee Manitowoc USDA lenders (with over 10 loans originated) are
.
The lowest rate Manitowoc USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Manitowoc (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 | $114,450 (4.1%) | $165,972 (10.3%) | 0.00 | 291 |
| 2018-02-01 | $118,000 (9.4%) | $182,810 (22.3%) | 0.00 | 229 |
| 2018-03-01 | $134,900 (25.8%) | $199,691 (29.6%) | 0.00 | 225 |
| 2018-04-01 | $124,925 (18.5%) | $201,400 (32.1%) | 0.00 | 218 |
| 2018-05-01 | $130,200 (17.4%) | $208,130 (33.1%) | 0.00 | 217 |
| 2018-06-01 | $130,200 (13.5%) | $217,444 (33.2%) | 0.00 | 232 |
| 2018-07-01 | $138,725 (17.9%) | $227,215 (36.5%) | 0.00 | 251 |
| 2018-08-01 | $134,900 (12.5%) | $218,422 (27.3%) | 0.00 | 264 |
| 2018-09-01 | $129,900 (8.4%) | $217,665 (26.6%) | 0.00 | 261 |
| 2018-10-01 | $135,350 (13.9%) | $207,008 (17.8%) | 0.00 | 270 |
| 2018-11-01 | $132,450 (15.3%) | $198,504 (14.7%) | 0.00 | 249 |
| 2018-12-01 | $135,000 (17.5%) | $202,553 (19.3%) | 0.00 | 250 |
| 2019-01-01 | $136,675 (19.4%) | $211,874 (27.7%) | 0.00 | 230 |
| 2019-02-01 | $131,175 (11.2%) | $212,478 (16.2%) | 0.00 | 205 |
| 2019-03-01 | $137,786 (2.1%) | $221,486 (10.9%) | 0.00 | 204 |
| 2019-04-01 | $144,900 (16.0%) | $234,445 (16.4%) | 0.00 | 252 |
| 2019-05-01 | $154,700 (18.8%) | $258,992 (24.4%) | 0.00 | 182 |
| 2019-06-01 | $169,900 (30.5%) | $260,045 (19.6%) | 0.00 | 191 |
| 2019-07-01 | $178,075 (28.4%) | $269,644 (18.7%) | 0.00 | 203 |
| 2019-08-01 | $169,609 (25.7%) | $259,775 (18.9%) | 0.00 | 200 |
| 2019-09-01 | $159,648 (22.9%) | $252,302 (15.9%) | 0.00 | 209 |
| 2019-10-01 | $150,900 (11.5%) | $245,224 (18.5%) | 0.00 | 217 |
| 2019-11-01 | $145,900 (10.2%) | $238,078 (19.9%) | 0.00 | 209 |
| 2019-12-01 | $144,533 (7.1%) | $238,074 (17.5%) | 0.00 | 194 |
| 2020-01-01 | $141,175 (3.3%) | $233,376 (10.2%) | 0.00 | 175 |
| 2020-02-01 | $139,900 (6.7%) | $233,931 (10.1%) | 0.00 | 161 |
| 2020-03-01 | $138,750 (0.7%) | $220,267 (-0.6%) | 0.00 | 147 |
| 2020-04-01 | $143,700 (-0.8%) | $236,543 (0.9%) | 0.00 | 142 |
| 2020-05-01 | $176,500 (14.1%) | $236,079 (-8.9%) | 0.00 | 139 |
| 2020-06-01 | $195,950 (15.3%) | $254,030 (-2.3%) | 0.00 | 128 |
| 2020-07-01 | $185,725 (4.3%) | $244,227 (-9.4%) | 0.00 | 118 |
| 2020-08-01 | $179,900 (6.1%) | $235,654 (-9.3%) | 0.00 | 107 |
| 2020-09-01 | $184,450 (15.5%) | $237,422 (-5.9%) | 0.00 | 115 |
| 2020-10-01 | $179,900 (19.2%) | $246,305 (0.4%) | 0.00 | 110 |
| 2020-11-01 | $167,425 (14.8%) | $243,806 (2.4%) | 0.00 | 92 |
| 2020-12-01 | $164,950 (14.1%) | $230,398 (-3.2%) | 0.00 | 78 |
| 2021-01-01 | $167,400 (18.6%) | $239,727 (2.7%) | 0.00 | 67 |
| 2021-02-01 | $186,000 (33.0%) | $269,732 (15.3%) | 0.00 | 49 |
| 2021-03-01 | $182,425 (31.5%) | $268,141 (21.7%) | 0.00 | 52 |
| 2021-04-01 | $172,800 (20.3%) | $274,666 (16.1%) | 0.00 | 59 |
| 2021-05-01 | $214,900 (21.8%) | $295,192 (25.0%) | 0.00 | 71 |
| 2021-06-01 | $225,000 (14.8%) | $292,432 (15.1%) | 0.00 | 92 |
| 2021-07-01 | $224,900 (21.1%) | $291,294 (19.3%) | 0.00 | 104 |
| 2021-08-01 | $207,450 (15.3%) | $279,356 (18.6%) | 0.00 | 113 |
| 2021-09-01 | $193,350 (4.8%) | $283,111 (19.2%) | 0.00 | 106 |
| 2021-10-01 | $182,500 (1.5%) | $267,698 (8.7%) | 0.00 | 111 |
| 2021-11-01 | $167,400 (0.0%) | $273,529 (12.2%) | 0.00 | 110 |
| 2021-12-01 | $165,450 (0.3%) | $277,239 (20.3%) | 0.00 | 88 |
| 2022-01-01 | $169,450 (1.2%) | $272,154 (13.5%) | 0.00 | 64 |
| 2022-02-01 | $187,400 (0.8%) | $271,511 (0.7%) | 0.00 | 53 |
| 2022-03-01 | $191,000 (4.7%) | $275,417 (2.7%) | 0.00 | 61 |
| 2022-04-01 | $189,000 (9.4%) | $287,848 (4.8%) | 0.00 | 61 |
| 2022-05-01 | $207,875 (-3.3%) | $275,160 (-6.8%) | 0.00 | 72 |
| 2022-06-01 | $228,650 (1.6%) | $292,003 (-0.2%) | 0.00 | 70 |
| 2022-07-01 | $239,900 (6.7%) | $281,481 (-3.4%) | 0.00 | 93 |
| 2022-08-01 | $229,650 (10.7%) | $285,012 (2.0%) | 0.00 | 91 |
| 2022-09-01 | $208,725 (8.0%) | $280,271 (-1.0%) | 0.00 | 86 |
| 2022-10-01 | $220,000 (20.6%) | $276,774 (3.4%) | 0.00 | 87 |
| 2022-11-01 | $249,950 (49.3%) | $292,256 (6.9%) | 0.00 | 82 |
| 2022-12-01 | $249,900 (51.0%) | $280,024 (1.0%) | 0.00 | 65 |
| 2023-01-01 | $279,000 (64.7%) | $298,791 (9.8%) | 0.00 | 56 |
| 2023-02-01 | $269,950 (44.1%) | $322,614 (18.8%) | 0.00 | 53 |
| 2023-03-01 | $249,900 (30.8%) | $303,233 (10.1%) | 0.00 | 73 |
| 2023-04-01 | $229,900 (21.6%) | $275,489 (-4.3%) | 0.00 | 95 |
| 2023-05-01 | $238,650 (14.8%) | $277,995 (1.0%) | 0.00 | 101 |
| 2023-06-01 | $217,950 (-4.7%) | $294,971 (1.0%) | 0.00 | 117 |
| 2023-07-01 | $244,500 (1.9%) | $308,340 (9.5%) | 0.00 | 120 |
| 2023-08-01 | $244,450 (6.4%) | $312,004 (9.5%) | 0.00 | 118 |
| 2023-09-01 | $269,900 (29.3%) | $315,396 (12.5%) | 0.00 | 114 |
| 2023-10-01 | $259,475 (17.9%) | $312,512 (12.9%) | 0.00 | 137 |
| 2023-11-01 | $227,700 (-8.9%) | $291,435 (-0.3%) | 0.00 | 145 |
| 2023-12-01 | $242,200 (-3.1%) | $303,218 (8.3%) | 0.00 | 129 |
| 2024-01-01 | $241,050 (-13.6%) | $313,992 (5.1%) | 0.00 | 105 |
| 2024-02-01 | $231,675 (-14.2%) | $308,030 (-4.5%) | 0.00 | 108 |
| 2024-03-01 | $254,900 (2.0%) | $328,728 (8.4%) | 0.00 | 129 |
| 2024-04-01 | $288,500 (25.5%) | $358,674 (30.2%) | 0.00 | 141 |
| 2024-05-01 | $309,725 (29.8%) | $372,856 (34.1%) | 0.00 | 152 |
| 2024-06-01 | $284,900 (30.7%) | $353,102 (19.7%) | 0.00 | 167 |
| 2024-07-01 | $261,500 (7.0%) | $341,297 (10.7%) | 0.00 | 162 |
| 2024-08-01 | $260,850 (6.7%) | $344,104 (10.3%) | 0.00 | 168 |
| 2024-09-01 | $277,225 (2.7%) | $355,897 (12.8%) | 0.00 | 181 |
| 2024-10-01 | $264,900 (2.1%) | $331,553 (6.1%) | 0.00 | 182 |
| 2024-11-01 | $249,900 (9.8%) | $311,434 (6.9%) | 0.00 | 196 |
Manitowoc's median listing price comes in at 0% of the national average.
Manitowoc's average listing price for 2024-11-01 was $311,434, a difference of $19,999 (6.9%) versus the prior year and $-20,119 versus the prior month.
For the 2024-11-01 period, Manitowoc had 196 MLS listings, a difference of 14 listings (8%) versus the prior month and 51 listings (35%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Manitowoc (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,519 sqft |
| 2018-02-01 | 0 days | 1,544 sqft |
| 2018-03-01 | 0 days | 1,578 sqft |
| 2018-04-01 | 0 days | 1,587 sqft |
| 2018-05-01 | 0 days | 1,599 sqft |
| 2018-06-01 | 0 days | 1,647 sqft |
| 2018-07-01 | 0 days | 1,676 sqft |
| 2018-08-01 | 0 days | 1,699 sqft |
| 2018-09-01 | 0 days | 1,805 sqft |
| 2018-10-01 | 0 days | 1,795 sqft |
| 2018-11-01 | 0 days | 1,708 sqft |
| 2018-12-01 | 0 days | 1,714 sqft |
| 2019-01-01 | 0 days | 1,662 sqft |
| 2019-02-01 | 0 days | 1,655 sqft |
| 2019-03-01 | 0 days | 1,695 sqft |
| 2019-04-01 | 0 days | 1,726 sqft |
| 2019-05-01 | 0 days | 1,805 sqft |
| 2019-06-01 | 0 days | 1,830 sqft |
| 2019-07-01 | 0 days | 1,819 sqft |
| 2019-08-01 | 0 days | 1,751 sqft |
| 2019-09-01 | 0 days | 1,740 sqft |
| 2019-10-01 | 0 days | 1,726 sqft |
| 2019-11-01 | 0 days | 1,687 sqft |
| 2019-12-01 | 0 days | 1,677 sqft |
| 2020-01-01 | 0 days | 1,614 sqft |
| 2020-02-01 | 0 days | 1,632 sqft |
| 2020-03-01 | 0 days | 1,597 sqft |
| 2020-04-01 | 0 days | 1,633 sqft |
| 2020-05-01 | 0 days | 1,661 sqft |
| 2020-06-01 | 0 days | 1,785 sqft |
| 2020-07-01 | 0 days | 1,850 sqft |
| 2020-08-01 | 0 days | 1,835 sqft |
| 2020-09-01 | 0 days | 1,856 sqft |
| 2020-10-01 | 0 days | 1,847 sqft |
| 2020-11-01 | 0 days | 1,631 sqft |
| 2020-12-01 | 0 days | 1,562 sqft |
| 2021-01-01 | 0 days | 1,560 sqft |
| 2021-02-01 | 0 days | 1,571 sqft |
| 2021-03-01 | 0 days | 1,600 sqft |
| 2021-04-01 | 0 days | 1,606 sqft |
| 2021-05-01 | 0 days | 1,659 sqft |
| 2021-06-01 | 0 days | 1,638 sqft |
| 2021-07-01 | 0 days | 1,666 sqft |
| 2021-08-01 | 0 days | 1,661 sqft |
| 2021-09-01 | 0 days | 1,657 sqft |
| 2021-10-01 | 0 days | 1,598 sqft |
| 2021-11-01 | 0 days | 1,566 sqft |
| 2021-12-01 | 0 days | 1,511 sqft |
| 2022-01-01 | 0 days | 1,575 sqft |
| 2022-02-01 | 0 days | 1,659 sqft |
| 2022-03-01 | 0 days | 1,634 sqft |
| 2022-04-01 | 0 days | 1,650 sqft |
| 2022-05-01 | 0 days | 1,729 sqft |
| 2022-06-01 | 0 days | 1,723 sqft |
| 2022-07-01 | 0 days | 1,676 sqft |
| 2022-08-01 | 0 days | 1,629 sqft |
| 2022-09-01 | 0 days | 1,613 sqft |
| 2022-10-01 | 0 days | 1,671 sqft |
| 2022-11-01 | 0 days | 1,712 sqft |
| 2022-12-01 | 0 days | 1,670 sqft |
| 2023-01-01 | 0 days | 1,690 sqft |
| 2023-02-01 | 0 days | 1,695 sqft |
| 2023-03-01 | 0 days | 1,620 sqft |
| 2023-04-01 | 0 days | 1,524 sqft |
| 2023-05-01 | 0 days | 1,601 sqft |
| 2023-06-01 | 0 days | 1,576 sqft |
| 2023-07-01 | 0 days | 1,638 sqft |
| 2023-08-01 | 0 days | 1,680 sqft |
| 2023-09-01 | 0 days | 1,694 sqft |
| 2023-10-01 | 0 days | 1,642 sqft |
| 2023-11-01 | 0 days | 1,615 sqft |
| 2023-12-01 | 0 days | 1,639 sqft |
| 2024-01-01 | 0 days | 1,647 sqft |
| 2024-02-01 | 0 days | 1,509 sqft |
| 2024-03-01 | 0 days | 1,638 sqft |
| 2024-04-01 | 0 days | 1,799 sqft |
| 2024-05-01 | 0 days | 1,930 sqft |
| 2024-06-01 | 0 days | 1,778 sqft |
| 2024-07-01 | 0 days | 1,762 sqft |
| 2024-08-01 | 0 days | 1,716 sqft |
| 2024-09-01 | 0 days | 1,803 sqft |
| 2024-10-01 | 0 days | 1,720 sqft |
| 2024-11-01 | 0 days | 1,638 sqft |
Manitowoc's median square footage for active listings during the 2024-11-01 period was 1,638 sqft. One year prior, the average listing was 1,615 sqft.