Marshalltown USDA Loan Rates, Closing Costs & Stats

Marshalltown, IA

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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.

    Marshalltown's 1 lenders originated 1 USDA loans during 2023. The total origination value was $195,000, with an average USDA loan value of $195,000.

    Marshalltown USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Marshalltown averaged 6.61% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Marshalltown's average USDA mortgage closing costs are $4,063.

    The average rate for the prior week (2024-04-12) was 6.86% and one month ago for the week of 2024-03-15, the average rate was 6.75%.

    The average rate one year ago was 6.39%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.06%.

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

    Marshalltown 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 Marshalltown level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 1 6.63% $5,401

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Marshalltown (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 $84,975 (-29.1%) $121,172 (-10.1%) 0.00 83
    2018-02-01 $88,075 (-23.4%) $132,804 (3.6%) 0.00 73
    2018-03-01 $89,900 (-25.0%) $131,296 (2.4%) 0.00 74
    2018-04-01 $93,050 (-19.7%) $135,148 (-0.1%) 0.00 67
    2018-05-01 $100,925 (-9.2%) $137,568 (-6.1%) 0.00 70
    2018-06-01 $104,900 (-10.9%) $137,655 (-11.9%) 0.00 83
    2018-07-01 $124,900 (12.6%) $147,748 (-1.1%) 0.00 98
    2018-08-01 $124,900 (19.0%) $145,455 (-0.8%) 0.00 96
    2018-09-01 $133,900 (27.7%) $157,304 (8.8%) 0.00 84
    2018-10-01 $134,900 (30.0%) $156,213 (4.7%) 0.00 94
    2018-11-01 $131,150 (34.9%) $154,071 (9.2%) 0.00 100
    2018-12-01 $122,400 (36.2%) $147,909 (14.3%) 0.00 108
    2019-01-01 $119,900 (41.1%) $144,550 (19.3%) 0.00 96
    2019-02-01 $116,900 (32.7%) $139,445 (5.0%) 0.00 91
    2019-03-01 $114,900 (27.8%) $143,332 (9.2%) 0.00 80
    2019-04-01 $116,900 (25.6%) $148,489 (9.9%) 0.00 73
    2019-05-01 $127,500 (26.3%) $151,615 (10.2%) 0.00 71
    2019-06-01 $149,900 (42.9%) $162,962 (18.4%) 0.00 65
    2019-07-01 $136,150 (9.0%) $159,239 (7.8%) 0.00 62
    2019-08-01 $134,400 (7.6%) $160,363 (10.3%) 0.00 71
    2019-09-01 $141,150 (5.4%) $164,867 (4.8%) 0.00 79
    2019-10-01 $145,650 (8.0%) $167,869 (7.5%) 0.00 86
    2019-11-01 $137,400 (4.8%) $160,620 (4.3%) 0.00 90
    2019-12-01 $127,200 (3.9%) $148,659 (0.5%) 0.00 98
    2020-01-01 $129,900 (8.3%) $157,917 (9.3%) 0.00 89
    2020-02-01 $123,900 (6.0%) $158,496 (13.7%) 0.00 82
    2020-03-01 $129,900 (13.1%) $163,627 (14.2%) 0.00 78
    2020-04-01 $139,900 (19.7%) $173,608 (16.9%) 0.00 72
    2020-05-01 $144,800 (13.6%) $178,678 (17.9%) 0.00 57
    2020-06-01 $142,400 (-5.0%) $181,974 (11.7%) 0.00 58
    2020-07-01 $167,175 (22.8%) $195,735 (22.9%) 0.00 58
    2020-08-01 $143,700 (6.9%) $192,489 (20.0%) 0.00 59
    2020-09-01 $142,450 (0.9%) $175,303 (6.3%) 0.00 55
    2020-10-01 $139,900 (-4.0%) $172,764 (2.9%) 0.00 47
    2020-11-01 $131,150 (-4.6%) $173,499 (8.0%) 0.00 39
    2020-12-01 $121,150 (-4.8%) $165,126 (11.1%) 0.00 32
    2021-01-01 $119,900 (-7.7%) $149,447 (-5.4%) 0.00 35
    2021-02-01 $82,850 (-33.1%) $128,164 (-19.1%) 0.00 24
    2021-03-01 $72,400 (-44.3%) $140,818 (-13.9%) 0.00 24
    2021-04-01 $92,700 (-33.7%) $137,299 (-20.9%) 0.00 23
    2021-05-01 $99,900 (-31.0%) $147,891 (-17.2%) 0.00 35
    2021-06-01 $145,400 (2.1%) $179,696 (-1.3%) 0.00 35
    2021-07-01 $162,000 (-3.1%) $196,018 (0.1%) 0.00 35
    2021-08-01 $131,425 (-8.5%) $176,174 (-8.5%) 0.00 42
    2021-09-01 $137,450 (-3.5%) $176,423 (0.6%) 0.00 46
    2021-10-01 $129,900 (-7.2%) $170,084 (-1.6%) 0.00 44
    2021-11-01 $126,150 (-3.8%) $154,267 (-11.1%) 0.00 46
    2021-12-01 $107,500 (-11.3%) $140,013 (-15.2%) 0.00 40
    2022-01-01 $119,900 (0.0%) $141,835 (-5.1%) 0.00 35
    2022-02-01 $117,675 (42.0%) $154,243 (20.4%) 0.00 28
    2022-03-01 $103,675 (43.2%) $137,651 (-2.3%) 0.00 35
    2022-04-01 $110,000 (18.7%) $152,295 (10.9%) 0.00 31
    2022-05-01 $117,450 (17.6%) $175,976 (19.0%) 0.00 31
    2022-06-01 $131,925 (-9.3%) $187,082 (4.1%) 0.00 39
    2022-07-01 $145,000 (-10.5%) $190,322 (-2.9%) 0.00 53
    2022-08-01 $128,975 (-1.9%) $178,521 (1.3%) 0.00 54
    2022-09-01 $145,500 (5.9%) $185,378 (5.1%) 0.00 51
    2022-10-01 $135,000 (3.9%) $184,936 (8.7%) 0.00 54
    2022-11-01 $182,175 (44.4%) $201,262 (30.5%) 0.00 52
    2022-12-01 $184,950 (72.1%) $195,936 (39.9%) 0.00 46
    2023-01-01 $174,900 (45.9%) $188,679 (33.0%) 0.00 43
    2023-02-01 $189,900 (61.4%) $206,779 (34.1%) 0.00 31
    2023-03-01 $165,700 (59.8%) $189,948 (38.0%) 0.00 30
    2023-04-01 $149,900 (36.3%) $188,223 (23.6%) 0.00 34
    2023-05-01 $154,925 (31.9%) $190,767 (8.4%) 0.00 43
    2023-06-01 $167,475 (27.0%) $219,827 (17.5%) 0.00 43
    2023-07-01 $171,250 (18.1%) $211,244 (11.0%) 0.00 43
    2023-08-01 $196,200 (52.1%) $225,836 (26.5%) 0.00 48
    2023-09-01 $174,900 (20.2%) $232,609 (25.5%) 0.00 48
    2023-10-01 $172,400 (27.7%) $222,009 (20.1%) 0.00 55
    2023-11-01 $145,189 (-20.3%) $205,567 (2.1%) 0.00 50
    2023-12-01 $149,900 (-19.0%) $208,622 (6.5%) 0.00 41
    2024-01-01 $142,400 (-18.6%) $207,007 (9.7%) 0.00 43
    2024-02-01 $133,675 (-29.6%) $192,150 (-7.1%) 0.00 36
    2024-03-01 $144,900 (-12.6%) $223,535 (17.7%) 0.00 36
    Marshalltown's median listing price for 2024-03-01 was $144,900, a difference of $-20,800 (-12.6%) versus the prior year and $11,225 versus the prior month.

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

    Marshalltown's average listing price for 2024-03-01 was $223,535, a difference of $33,587 (17.7%) versus the prior year and $31,385 versus the prior month.

    For the 2024-03-01 period, Marshalltown had 36 MLS listings, a difference of 0 listings (0%) versus the prior month and 6 listings (20%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Marshalltown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,389 sqft
    2018-02-01 0 days 1,506 sqft
    2018-03-01 0 days 1,456 sqft
    2018-04-01 0 days 1,440 sqft
    2018-05-01 0 days 1,454 sqft
    2018-06-01 0 days 1,483 sqft
    2018-07-01 0 days 1,502 sqft
    2018-08-01 0 days 1,487 sqft
    2018-09-01 0 days 1,466 sqft
    2018-10-01 0 days 1,458 sqft
    2018-11-01 0 days 1,417 sqft
    2018-12-01 0 days 1,420 sqft
    2019-01-01 0 days 1,385 sqft
    2019-02-01 0 days 1,362 sqft
    2019-03-01 0 days 1,418 sqft
    2019-04-01 0 days 1,418 sqft
    2019-05-01 0 days 1,418 sqft
    2019-06-01 0 days 1,606 sqft
    2019-07-01 0 days 1,566 sqft
    2019-08-01 0 days 1,571 sqft
    2019-09-01 0 days 1,581 sqft
    2019-10-01 0 days 1,587 sqft
    2019-11-01 0 days 1,464 sqft
    2019-12-01 0 days 1,343 sqft
    2020-01-01 0 days 1,398 sqft
    2020-02-01 0 days 1,429 sqft
    2020-03-01 0 days 1,421 sqft
    2020-04-01 0 days 1,450 sqft
    2020-05-01 0 days 1,488 sqft
    2020-06-01 0 days 1,629 sqft
    2020-07-01 0 days 1,671 sqft
    2020-08-01 0 days 1,658 sqft
    2020-09-01 0 days 1,517 sqft
    2020-10-01 0 days 1,502 sqft
    2020-11-01 0 days 1,563 sqft
    2020-12-01 0 days 1,409 sqft
    2021-01-01 0 days 1,282 sqft
    2021-02-01 0 days 1,096 sqft
    2021-03-01 0 days 1,143 sqft
    2021-04-01 0 days 1,141 sqft
    2021-05-01 0 days 1,225 sqft
    2021-06-01 0 days 1,374 sqft
    2021-07-01 0 days 1,463 sqft
    2021-08-01 0 days 1,317 sqft
    2021-09-01 0 days 1,286 sqft
    2021-10-01 0 days 1,285 sqft
    2021-11-01 0 days 1,297 sqft
    2021-12-01 0 days 1,303 sqft
    2022-01-01 0 days 1,294 sqft
    2022-02-01 0 days 1,323 sqft
    2022-03-01 0 days 1,206 sqft
    2022-04-01 0 days 1,260 sqft
    2022-05-01 0 days 1,362 sqft
    2022-06-01 0 days 1,336 sqft
    2022-07-01 0 days 1,477 sqft
    2022-08-01 0 days 1,485 sqft
    2022-09-01 0 days 1,480 sqft
    2022-10-01 0 days 1,345 sqft
    2022-11-01 0 days 1,374 sqft
    2022-12-01 0 days 1,339 sqft
    2023-01-01 0 days 1,279 sqft
    2023-02-01 0 days 1,232 sqft
    2023-03-01 0 days 1,326 sqft
    2023-04-01 0 days 1,336 sqft
    2023-05-01 0 days 1,243 sqft
    2023-06-01 0 days 1,369 sqft
    2023-07-01 0 days 1,275 sqft
    2023-08-01 0 days 1,342 sqft
    2023-09-01 0 days 1,291 sqft
    2023-10-01 0 days 1,336 sqft
    2023-11-01 0 days 1,271 sqft
    2023-12-01 0 days 1,248 sqft
    2024-01-01 0 days 1,289 sqft
    2024-02-01 0 days 1,235 sqft
    2024-03-01 0 days 1,350 sqft
    Marshalltown's median listing age (time on market) for 2024-03-01 was 0 days.

    Marshalltown's median square footage for active listings during the 2024-03-01 period was 1,350 sqft. One year prior, the average listing was 1,326 sqft.