Marshall USDA Loan Rates, Closing Costs & Stats

Marshall, MO

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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.

    Marshall's 8 lenders originated 38 USDA loans during 2023. The total origination value was $5,190,000, with an average USDA loan value of $136,579.

    Marshall USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Marshall averaged -0.2% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

    Marshall's average USDA mortgage closing costs are $3,536.

    The average rate for the prior week (2024-11-08) was 6.26% and one month ago for the week of 2024-10-11, the average rate was 6.32%.

    The average rate one year ago was 7.55%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0.2%.

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

    Marshall 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 Marshall level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    FLAT BRANCH MORTGAGE, INC. 28 6.78% $4,632
    Flagstar Bank, FSB 3 7.04% $3,829
    GENEVA FINANCIAL, LLC 2 6.13% $6,177
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $5,175
    DAS Acquisition Company, LLC 1 6.88% $2,856
    UNITED WHOLESALE MORTGAGE, LLC 1 6.25% $6,092
    Gateway First Bank 1 6.25% $3,472
    Midwest Mortgage Associates Corporation 1 6.25% $1,636

    The top Marshall USDA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 28 USDA loans originated. Their average total fees are $4,632, which is $804 higher than the next largest lender, Flagstar Bank, FSB.

    The lowest fee Marshall USDA lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. ($4,632), .

    The lowest rate Marshall USDA lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. (6.78%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Marshall (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 $83,900 (-9.9%) $108,483 (-3.6%) 0.00 109
    2018-02-01 $86,050 (-12.6%) $110,833 (-4.7%) 0.00 117
    2018-03-01 $96,000 (-5.1%) $115,446 (-4.9%) 0.00 109
    2018-04-01 $105,575 (-1.8%) $120,340 (-4.0%) 0.00 110
    2018-05-01 $118,375 (15.8%) $126,803 (3.7%) 0.00 113
    2018-06-01 $123,200 (13.3%) $130,967 (8.2%) 0.00 115
    2018-07-01 $129,125 (20.8%) $133,785 (9.2%) 0.00 103
    2018-08-01 $121,950 (13.3%) $130,069 (5.7%) 0.00 111
    2018-09-01 $129,500 (21.1%) $136,501 (12.3%) 0.00 116
    2018-10-01 $130,000 (38.8%) $134,911 (19.2%) 0.00 120
    2018-11-01 $123,750 (38.1%) $130,697 (20.8%) 0.00 110
    2018-12-01 $124,000 (40.9%) $128,629 (19.5%) 0.00 105
    2019-01-01 $113,725 (35.6%) $123,448 (13.8%) 0.00 106
    2019-02-01 $104,800 (21.8%) $123,041 (11.0%) 0.00 102
    2019-03-01 $112,743 (17.4%) $129,168 (11.9%) 0.00 97
    2019-04-01 $135,900 (28.7%) $139,279 (15.7%) 0.00 93
    2019-05-01 $138,750 (17.2%) $148,115 (16.8%) 0.00 92
    2019-06-01 $136,500 (10.8%) $150,178 (14.7%) 0.00 96
    2019-07-01 $120,975 (-6.3%) $144,572 (8.1%) 0.00 93
    2019-08-01 $118,782 (-2.6%) $147,121 (13.1%) 0.00 92
    2019-09-01 $117,780 (-9.1%) $151,235 (10.8%) 0.00 90
    2019-10-01 $117,111 (-9.9%) $156,371 (15.9%) 0.00 86
    2019-11-01 $124,900 (0.9%) $151,829 (16.2%) 0.00 88
    2019-12-01 $124,225 (0.2%) $142,738 (11.0%) 0.00 92
    2020-01-01 $127,600 (12.2%) $140,203 (13.6%) 0.00 95
    2020-02-01 $129,950 (24.0%) $145,347 (18.1%) 0.00 92
    2020-03-01 $134,725 (19.5%) $145,584 (12.7%) 0.00 82
    2020-04-01 $132,325 (-2.6%) $146,638 (5.3%) 0.00 80
    2020-05-01 $139,700 (0.7%) $150,981 (1.9%) 0.00 72
    2020-06-01 $118,750 (-13.0%) $143,587 (-4.4%) 0.00 65
    2020-07-01 $116,875 (-3.4%) $150,385 (4.0%) 0.00 63
    2020-08-01 $119,500 (0.6%) $159,362 (8.3%) 0.00 56
    2020-09-01 $134,975 (14.6%) $164,837 (9.0%) 0.00 56
    2020-10-01 $119,500 (2.0%) $141,813 (-9.3%) 0.00 59
    2020-11-01 $109,475 (-12.4%) $138,233 (-9.0%) 0.00 61
    2020-12-01 $99,500 (-19.9%) $135,588 (-5.0%) 0.00 55
    2021-01-01 $89,000 (-30.3%) $127,694 (-8.9%) 0.00 48
    2021-02-01 $99,750 (-23.2%) $145,926 (0.4%) 0.00 42
    2021-03-01 $106,550 (-20.9%) $154,166 (5.9%) 0.00 33
    2021-04-01 $117,450 (-11.2%) $158,912 (8.4%) 0.00 35
    2021-05-01 $114,950 (-17.7%) $141,889 (-6.0%) 0.00 34
    2021-06-01 $135,725 (14.3%) $165,181 (15.0%) 0.00 29
    2021-07-01 $125,000 (7.0%) $153,181 (1.9%) 0.00 27
    2021-08-01 $139,500 (16.7%) $168,731 (5.9%) 0.00 38
    2021-09-01 $156,400 (15.9%) $190,038 (15.3%) 0.00 39
    2021-10-01 $139,000 (16.3%) $169,277 (19.4%) 0.00 47
    2021-11-01 $134,100 (22.5%) $187,713 (35.8%) 0.00 39
    2021-12-01 $136,875 (37.6%) $194,670 (43.6%) 0.00 35
    2022-01-01 $136,750 (53.7%) $197,923 (55.0%) 0.00 31
    2022-02-01 $127,000 (27.3%) $195,668 (34.1%) 0.00 31
    2022-03-01 $120,000 (12.6%) $193,898 (25.8%) 0.00 34
    2022-04-01 $172,450 (46.8%) $189,528 (19.3%) 0.00 33
    2022-05-01 $181,725 (58.1%) $194,463 (37.1%) 0.00 37
    2022-06-01 $157,000 (15.7%) $180,785 (9.5%) 0.00 42
    2022-07-01 $159,000 (27.2%) $181,013 (18.2%) 0.00 44
    2022-08-01 $147,000 (5.4%) $167,219 (-0.9%) 0.00 58
    2022-09-01 $149,450 (-4.4%) $179,480 (-5.6%) 0.00 64
    2022-10-01 $149,900 (7.8%) $184,892 (9.2%) 0.00 61
    2022-11-01 $148,750 (10.9%) $180,441 (-3.9%) 0.00 64
    2022-12-01 $159,900 (16.8%) $177,848 (-8.6%) 0.00 58
    2023-01-01 $148,500 (8.6%) $161,539 (-18.4%) 0.00 59
    2023-02-01 $147,500 (16.1%) $164,197 (-16.1%) 0.00 59
    2023-03-01 $147,250 (22.7%) $165,635 (-14.6%) 0.00 54
    2023-04-01 $149,900 (-13.1%) $168,342 (-11.2%) 0.00 47
    2023-05-01 $152,450 (-16.1%) $181,456 (-6.7%) 0.00 46
    2023-06-01 $166,450 (6.0%) $203,660 (12.7%) 0.00 45
    2023-07-01 $175,000 (10.1%) $206,091 (13.9%) 0.00 53
    2023-08-01 $187,375 (27.5%) $205,471 (22.9%) 0.00 66
    2023-09-01 $199,950 (33.8%) $217,998 (21.5%) 0.00 63
    2023-10-01 $183,625 (22.5%) $210,524 (13.9%) 0.00 63
    2023-11-01 $184,725 (24.2%) $224,050 (24.2%) 0.00 62
    2023-12-01 $192,500 (20.4%) $238,238 (34.0%) 0.00 53
    2024-01-01 $187,250 (26.1%) $226,677 (40.3%) 0.00 48
    2024-02-01 $192,500 (30.5%) $238,035 (45.0%) 0.00 47
    2024-03-01 $195,000 (32.4%) $239,287 (44.5%) 0.00 46
    2024-04-01 $195,000 (30.1%) $225,365 (33.9%) 0.00 38
    2024-05-01 $199,450 (30.8%) $230,971 (27.3%) 0.00 43
    2024-06-01 $199,450 (19.8%) $218,707 (7.4%) 0.00 45
    2024-07-01 $163,200 (-6.7%) $215,537 (4.6%) 0.00 48
    2024-08-01 $175,000 (-6.6%) $230,376 (12.1%) 0.00 49
    2024-09-01 $187,200 (-6.4%) $235,710 (8.1%) 0.00 44
    2024-10-01 $189,900 (3.4%) $246,346 (17.0%) 0.00 45
    Marshall's median listing price for 2024-10-01 was $189,900, a difference of $6,275 (3.4%) versus the prior year and $2,700 versus the prior month.

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

    Marshall's average listing price for 2024-10-01 was $246,346, a difference of $35,822 (17.0%) versus the prior year and $10,636 versus the prior month.

    For the 2024-10-01 period, Marshall had 45 MLS listings, a difference of 1 listings (2%) versus the prior month and -18 listings (-29%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Marshall (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,375 sqft
    2018-02-01 0 days 1,403 sqft
    2018-03-01 0 days 1,412 sqft
    2018-04-01 0 days 1,450 sqft
    2018-05-01 0 days 1,595 sqft
    2018-06-01 0 days 1,621 sqft
    2018-07-01 0 days 1,604 sqft
    2018-08-01 0 days 1,696 sqft
    2018-09-01 0 days 1,748 sqft
    2018-10-01 0 days 1,855 sqft
    2018-11-01 0 days 1,700 sqft
    2018-12-01 0 days 1,638 sqft
    2019-01-01 0 days 1,621 sqft
    2019-02-01 0 days 1,655 sqft
    2019-03-01 0 days 1,726 sqft
    2019-04-01 0 days 1,853 sqft
    2019-05-01 0 days 1,955 sqft
    2019-06-01 0 days 1,938 sqft
    2019-07-01 0 days 1,902 sqft
    2019-08-01 0 days 1,880 sqft
    2019-09-01 0 days 1,864 sqft
    2019-10-01 0 days 1,868 sqft
    2019-11-01 0 days 1,863 sqft
    2019-12-01 0 days 1,734 sqft
    2020-01-01 0 days 1,740 sqft
    2020-02-01 0 days 1,793 sqft
    2020-03-01 0 days 1,818 sqft
    2020-04-01 0 days 1,757 sqft
    2020-05-01 0 days 1,686 sqft
    2020-06-01 0 days 1,592 sqft
    2020-07-01 0 days 1,617 sqft
    2020-08-01 0 days 1,668 sqft
    2020-09-01 0 days 1,643 sqft
    2020-10-01 0 days 1,600 sqft
    2020-11-01 0 days 1,427 sqft
    2020-12-01 0 days 1,495 sqft
    2021-01-01 0 days 1,428 sqft
    2021-02-01 0 days 1,601 sqft
    2021-03-01 0 days 1,652 sqft
    2021-04-01 0 days 1,744 sqft
    2021-05-01 0 days 1,500 sqft
    2021-06-01 0 days 1,432 sqft
    2021-07-01 0 days 1,272 sqft
    2021-08-01 0 days 1,449 sqft
    2021-09-01 0 days 1,622 sqft
    2021-10-01 0 days 1,480 sqft
    2021-11-01 0 days 1,418 sqft
    2021-12-01 0 days 1,496 sqft
    2022-01-01 0 days 1,475 sqft
    2022-02-01 0 days 1,379 sqft
    2022-03-01 0 days 1,425 sqft
    2022-04-01 0 days 1,611 sqft
    2022-05-01 0 days 1,640 sqft
    2022-06-01 0 days 1,534 sqft
    2022-07-01 0 days 1,580 sqft
    2022-08-01 0 days 1,392 sqft
    2022-09-01 0 days 1,373 sqft
    2022-10-01 0 days 1,519 sqft
    2022-11-01 0 days 1,550 sqft
    2022-12-01 0 days 1,671 sqft
    2023-01-01 0 days 1,532 sqft
    2023-02-01 0 days 1,551 sqft
    2023-03-01 0 days 1,549 sqft
    2023-04-01 0 days 1,638 sqft
    2023-05-01 0 days 1,753 sqft
    2023-06-01 0 days 1,681 sqft
    2023-07-01 0 days 1,728 sqft
    2023-08-01 0 days 1,675 sqft
    2023-09-01 0 days 1,731 sqft
    2023-10-01 0 days 1,729 sqft
    2023-11-01 0 days 1,734 sqft
    2023-12-01 0 days 1,707 sqft
    2024-01-01 0 days 1,725 sqft
    2024-02-01 0 days 1,666 sqft
    2024-03-01 0 days 1,680 sqft
    2024-04-01 0 days 1,768 sqft
    2024-05-01 0 days 1,793 sqft
    2024-06-01 0 days 1,690 sqft
    2024-07-01 0 days 1,468 sqft
    2024-08-01 0 days 1,396 sqft
    2024-09-01 0 days 1,568 sqft
    2024-10-01 0 days 1,460 sqft
    Marshall's median listing age (time on market) for 2024-10-01 was 0 days.

    Marshall's median square footage for active listings during the 2024-10-01 period was 1,460 sqft. One year prior, the average listing was 1,729 sqft.