Menomonie USDA Loan Rates, Closing Costs & Stats
Menomonie, 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.
Menomonie's 3 lenders originated 3 USDA loans during 2023. The total origination value was $525,000, with an average USDA loan value of $175,000.
Menomonie USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Menomonie
averaged
6.38%
for the week of 2024-12-13, compared to the national average (all USDA variants) of
6.303% for the same period.
Menomonie's average USDA mortgage closing costs are $4,793.
The average rate for the prior week (2024-12-06) was
6.22% and
one month ago for the week of 2024-11-08, the
average rate was 6.44%.
The average rate one year ago was 7%.
For refis of the same type during the week of 2024-12-13, the average rate
was 6.2%.
Menomonie 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 Menomonie level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| LOANDEPOT.COM, LLC | 1 | 6.50% | $11,005 |
| U.S. Bank | 1 | 6.25% | $4,369 |
| WESTconsin Credit Union | 1 | 7.38% | $5,412 |
The top Menomonie USDA lender as defined by loan originations is LOANDEPOT.COM, LLC, with
1 USDA loans originated. Their average total fees are
$11,005, which is $6,636
higher than the next largest lender,
U.S. Bank.
The lowest fee Menomonie USDA lenders (with over 10 loans originated) are
.
The lowest rate Menomonie USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Menomonie (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 | $177,950 (-6.5%) | $209,260 (-14.7%) | 0.00 | 87 |
| 2018-02-01 | $179,950 (-10.0%) | $215,050 (-14.9%) | 0.00 | 88 |
| 2018-03-01 | $194,900 (0.0%) | $227,067 (-10.7%) | 0.00 | 87 |
| 2018-04-01 | $209,900 (5.0%) | $242,587 (-5.2%) | 0.00 | 93 |
| 2018-05-01 | $222,450 (3.5%) | $246,135 (-4.2%) | 0.00 | 101 |
| 2018-06-01 | $204,450 (-12.8%) | $240,471 (-6.6%) | 0.00 | 112 |
| 2018-07-01 | $189,900 (-17.4%) | $233,884 (-9.8%) | 0.00 | 115 |
| 2018-08-01 | $181,050 (-18.8%) | $227,028 (-10.7%) | 0.00 | 104 |
| 2018-09-01 | $186,200 (-4.5%) | $246,198 (1.4%) | 0.00 | 112 |
| 2018-10-01 | $192,200 (-3.2%) | $246,809 (7.1%) | 0.00 | 104 |
| 2018-11-01 | $199,900 (3.0%) | $252,105 (12.6%) | 0.00 | 96 |
| 2018-12-01 | $187,450 (4.2%) | $258,785 (25.4%) | 0.00 | 86 |
| 2019-01-01 | $182,200 (2.4%) | $259,342 (23.9%) | 0.00 | 81 |
| 2019-02-01 | $205,000 (13.9%) | $280,080 (30.2%) | 0.00 | 64 |
| 2019-03-01 | $209,789 (7.6%) | $267,001 (17.6%) | 0.00 | 76 |
| 2019-04-01 | $223,375 (6.4%) | $260,623 (7.4%) | 0.00 | 87 |
| 2019-05-01 | $213,650 (-4.0%) | $254,402 (3.4%) | 0.00 | 98 |
| 2019-06-01 | $197,750 (-3.3%) | $255,629 (6.3%) | 0.00 | 111 |
| 2019-07-01 | $214,950 (13.2%) | $267,905 (14.6%) | 0.00 | 123 |
| 2019-08-01 | $211,291 (16.7%) | $265,910 (17.1%) | 0.00 | 121 |
| 2019-09-01 | $213,377 (14.6%) | $264,364 (7.4%) | 0.00 | 121 |
| 2019-10-01 | $214,975 (11.9%) | $264,547 (7.2%) | 0.00 | 120 |
| 2019-11-01 | $231,250 (15.7%) | $291,727 (15.7%) | 0.00 | 115 |
| 2019-12-01 | $215,000 (14.7%) | $290,703 (12.3%) | 0.00 | 102 |
| 2020-01-01 | $210,500 (15.5%) | $291,822 (12.5%) | 0.00 | 84 |
| 2020-02-01 | $204,950 (0.0%) | $304,899 (8.9%) | 0.00 | 75 |
| 2020-03-01 | $259,950 (23.9%) | $333,429 (24.9%) | 0.00 | 88 |
| 2020-04-01 | $286,175 (28.1%) | $345,309 (32.5%) | 0.00 | 90 |
| 2020-05-01 | $312,400 (46.2%) | $349,141 (37.2%) | 0.00 | 86 |
| 2020-06-01 | $305,650 (54.6%) | $350,832 (37.2%) | 0.00 | 87 |
| 2020-07-01 | $280,300 (30.4%) | $337,435 (26.0%) | 0.00 | 80 |
| 2020-08-01 | $271,900 (28.7%) | $323,736 (21.8%) | 0.00 | 77 |
| 2020-09-01 | $268,375 (25.8%) | $334,395 (26.5%) | 0.00 | 79 |
| 2020-10-01 | $279,700 (30.1%) | $322,428 (21.9%) | 0.00 | 74 |
| 2020-11-01 | $270,950 (17.2%) | $316,990 (8.7%) | 0.00 | 59 |
| 2020-12-01 | $273,650 (27.3%) | $333,134 (14.6%) | 0.00 | 57 |
| 2021-01-01 | $271,900 (29.2%) | $316,284 (8.4%) | 0.00 | 45 |
| 2021-02-01 | $261,650 (27.7%) | $318,138 (4.3%) | 0.00 | 40 |
| 2021-03-01 | $235,244 (-9.5%) | $267,275 (-19.8%) | 0.00 | 34 |
| 2021-04-01 | $169,750 (-40.7%) | $271,771 (-21.3%) | 0.00 | 27 |
| 2021-05-01 | $269,000 (-13.9%) | $312,332 (-10.5%) | 0.00 | 38 |
| 2021-06-01 | $266,400 (-12.8%) | $301,966 (-13.9%) | 0.00 | 60 |
| 2021-07-01 | $264,900 (-5.5%) | $329,786 (-2.3%) | 0.00 | 57 |
| 2021-08-01 | $242,863 (-10.7%) | $299,199 (-7.6%) | 0.00 | 53 |
| 2021-09-01 | $227,400 (-15.3%) | $284,744 (-14.9%) | 0.00 | 63 |
| 2021-10-01 | $239,950 (-14.2%) | $289,794 (-10.1%) | 0.00 | 63 |
| 2021-11-01 | $242,400 (-10.5%) | $299,716 (-5.5%) | 0.00 | 53 |
| 2021-12-01 | $284,925 (4.1%) | $312,985 (-6.1%) | 0.00 | 37 |
| 2022-01-01 | $225,000 (-17.3%) | $294,454 (-6.9%) | 0.00 | 27 |
| 2022-02-01 | $252,975 (-3.3%) | $306,872 (-3.5%) | 0.00 | 15 |
| 2022-03-01 | $292,400 (24.3%) | $301,719 (12.9%) | 0.00 | 13 |
| 2022-04-01 | $339,900 (100.2%) | $351,489 (29.3%) | 0.00 | 15 |
| 2022-05-01 | $327,650 (21.8%) | $389,072 (24.6%) | 0.00 | 29 |
| 2022-06-01 | $334,675 (25.6%) | $357,125 (18.3%) | 0.00 | 38 |
| 2022-07-01 | $299,000 (12.9%) | $311,361 (-5.6%) | 0.00 | 44 |
| 2022-08-01 | $292,450 (20.4%) | $309,297 (3.4%) | 0.00 | 49 |
| 2022-09-01 | $290,450 (27.7%) | $316,088 (11.0%) | 0.00 | 38 |
| 2022-10-01 | $314,950 (31.3%) | $329,901 (13.8%) | 0.00 | 47 |
| 2022-11-01 | $297,675 (22.8%) | $309,834 (3.4%) | 0.00 | 46 |
| 2022-12-01 | $297,450 (4.4%) | $311,277 (-0.6%) | 0.00 | 39 |
| 2023-01-01 | $339,250 (50.8%) | $324,280 (10.1%) | 0.00 | 34 |
| 2023-02-01 | $341,225 (34.9%) | $327,222 (6.6%) | 0.00 | 26 |
| 2023-03-01 | $354,950 (21.4%) | $362,074 (20.0%) | 0.00 | 22 |
| 2023-04-01 | $414,950 (22.1%) | $414,584 (18.0%) | 0.00 | 24 |
| 2023-05-01 | $355,500 (8.5%) | $383,748 (-1.4%) | 0.00 | 33 |
| 2023-06-01 | $358,875 (7.2%) | $395,596 (10.8%) | 0.00 | 48 |
| 2023-07-01 | $352,750 (18.0%) | $379,092 (21.8%) | 0.00 | 47 |
| 2023-08-01 | $334,925 (14.5%) | $379,368 (22.7%) | 0.00 | 41 |
| 2023-09-01 | $327,450 (12.7%) | $358,501 (13.4%) | 0.00 | 43 |
| 2023-10-01 | $318,675 (1.2%) | $355,895 (7.9%) | 0.00 | 53 |
| 2023-11-01 | $317,400 (6.6%) | $347,814 (12.3%) | 0.00 | 53 |
| 2023-12-01 | $329,900 (10.9%) | $345,919 (11.1%) | 0.00 | 46 |
| 2024-01-01 | $334,725 (-1.3%) | $376,097 (16.0%) | 0.00 | 38 |
| 2024-02-01 | $333,675 (-2.2%) | $383,315 (17.1%) | 0.00 | 33 |
| 2024-03-01 | $359,000 (1.1%) | $396,590 (9.5%) | 0.00 | 38 |
| 2024-04-01 | $302,175 (-27.2%) | $363,678 (-12.3%) | 0.00 | 39 |
| 2024-05-01 | $370,950 (4.4%) | $428,762 (11.7%) | 0.00 | 46 |
| 2024-06-01 | $349,900 (-2.5%) | $417,930 (5.7%) | 0.00 | 50 |
| 2024-07-01 | $318,725 (-9.7%) | $391,913 (3.4%) | 0.00 | 53 |
| 2024-08-01 | $317,450 (-5.2%) | $394,575 (4.0%) | 0.00 | 54 |
| 2024-09-01 | $318,750 (-2.7%) | $389,278 (8.6%) | 0.00 | 65 |
| 2024-10-01 | $305,075 (-4.3%) | $374,615 (5.3%) | 0.00 | 67 |
| 2024-11-01 | $325,000 (2.4%) | $369,242 (6.2%) | 0.00 | 61 |
Menomonie's median listing price comes in at 0% of the national average.
Menomonie's average listing price for 2024-11-01 was $369,242, a difference of $21,428 (6.2%) versus the prior year and $-5,373 versus the prior month.
For the 2024-11-01 period, Menomonie had 61 MLS listings, a difference of -6 listings (-9%) versus the prior month and 8 listings (15%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Menomonie (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,848 sqft |
| 2018-02-01 | 0 days | 1,818 sqft |
| 2018-03-01 | 0 days | 2,033 sqft |
| 2018-04-01 | 0 days | 2,008 sqft |
| 2018-05-01 | 0 days | 2,007 sqft |
| 2018-06-01 | 0 days | 2,008 sqft |
| 2018-07-01 | 0 days | 1,947 sqft |
| 2018-08-01 | 0 days | 1,914 sqft |
| 2018-09-01 | 0 days | 1,800 sqft |
| 2018-10-01 | 0 days | 2,025 sqft |
| 2018-11-01 | 0 days | 2,106 sqft |
| 2018-12-01 | 0 days | 2,100 sqft |
| 2019-01-01 | 0 days | 2,074 sqft |
| 2019-02-01 | 0 days | 2,174 sqft |
| 2019-03-01 | 0 days | 2,160 sqft |
| 2019-04-01 | 0 days | 2,173 sqft |
| 2019-05-01 | 0 days | 2,144 sqft |
| 2019-06-01 | 0 days | 2,002 sqft |
| 2019-07-01 | 0 days | 1,938 sqft |
| 2019-08-01 | 0 days | 1,816 sqft |
| 2019-09-01 | 0 days | 1,816 sqft |
| 2019-10-01 | 0 days | 1,895 sqft |
| 2019-11-01 | 0 days | 2,000 sqft |
| 2019-12-01 | 0 days | 1,993 sqft |
| 2020-01-01 | 0 days | 1,899 sqft |
| 2020-02-01 | 0 days | 1,670 sqft |
| 2020-03-01 | 0 days | 1,966 sqft |
| 2020-04-01 | 0 days | 1,934 sqft |
| 2020-05-01 | 0 days | 2,390 sqft |
| 2020-06-01 | 0 days | 2,414 sqft |
| 2020-07-01 | 0 days | 2,180 sqft |
| 2020-08-01 | 0 days | 1,980 sqft |
| 2020-09-01 | 0 days | 2,079 sqft |
| 2020-10-01 | 0 days | 2,217 sqft |
| 2020-11-01 | 0 days | 2,268 sqft |
| 2020-12-01 | 0 days | 2,118 sqft |
| 2021-01-01 | 0 days | 1,980 sqft |
| 2021-02-01 | 0 days | 1,781 sqft |
| 2021-03-01 | 0 days | 1,586 sqft |
| 2021-04-01 | 0 days | 1,709 sqft |
| 2021-05-01 | 0 days | 1,842 sqft |
| 2021-06-01 | 0 days | 1,804 sqft |
| 2021-07-01 | 0 days | 1,720 sqft |
| 2021-08-01 | 0 days | 1,648 sqft |
| 2021-09-01 | 0 days | 1,656 sqft |
| 2021-10-01 | 0 days | 1,656 sqft |
| 2021-11-01 | 0 days | 1,682 sqft |
| 2021-12-01 | 0 days | 1,653 sqft |
| 2022-01-01 | 0 days | 1,640 sqft |
| 2022-02-01 | 0 days | 2,479 sqft |
| 2022-03-01 | 0 days | 2,363 sqft |
| 2022-04-01 | 0 days | 2,414 sqft |
| 2022-05-01 | 0 days | 2,282 sqft |
| 2022-06-01 | 0 days | 2,131 sqft |
| 2022-07-01 | 0 days | 2,007 sqft |
| 2022-08-01 | 0 days | 1,980 sqft |
| 2022-09-01 | 0 days | 1,923 sqft |
| 2022-10-01 | 0 days | 1,780 sqft |
| 2022-11-01 | 0 days | 1,732 sqft |
| 2022-12-01 | 0 days | 1,635 sqft |
| 2023-01-01 | 0 days | 1,804 sqft |
| 2023-02-01 | 0 days | 1,922 sqft |
| 2023-03-01 | 0 days | 2,056 sqft |
| 2023-04-01 | 0 days | 2,085 sqft |
| 2023-05-01 | 0 days | 1,989 sqft |
| 2023-06-01 | 0 days | 2,126 sqft |
| 2023-07-01 | 0 days | 2,085 sqft |
| 2023-08-01 | 0 days | 1,988 sqft |
| 2023-09-01 | 0 days | 2,028 sqft |
| 2023-10-01 | 0 days | 2,200 sqft |
| 2023-11-01 | 0 days | 2,110 sqft |
| 2023-12-01 | 0 days | 1,808 sqft |
| 2024-01-01 | 0 days | 1,821 sqft |
| 2024-02-01 | 0 days | 1,715 sqft |
| 2024-03-01 | 0 days | 1,750 sqft |
| 2024-04-01 | 0 days | 1,675 sqft |
| 2024-05-01 | 0 days | 2,054 sqft |
| 2024-06-01 | 0 days | 1,750 sqft |
| 2024-07-01 | 0 days | 1,887 sqft |
| 2024-08-01 | 0 days | 2,121 sqft |
| 2024-09-01 | 0 days | 2,038 sqft |
| 2024-10-01 | 0 days | 1,886 sqft |
| 2024-11-01 | 0 days | 1,784 sqft |
Menomonie's median square footage for active listings during the 2024-11-01 period was 1,784 sqft. One year prior, the average listing was 2,110 sqft.