Missoula USDA Loan Rates, Closing Costs & Stats

MISSOULA, MT

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Missoula's 1 lenders originated 1 USDA loans during 2023. The total origination value was $345,000, with an average USDA loan value of $345,000.

    Missoula USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Missoula averaged 6.11% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    Missoula's average USDA mortgage closing costs are $7,043.

    The average rate for the prior week (2024-12-06) was 6.05% and one month ago for the week of 2024-11-08, the average rate was 6.17%.

    The average rate one year ago was 6.83%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.2%.

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

    Missoula 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 Missoula level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    MANN FINANCIAL INC. 1 5.75% $10,295

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Missoula (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 $393,625 (11.9%) $536,147 (-7.2%) 0.00 408
    2018-02-01 $399,450 (13.8%) $552,760 (-2.5%) 0.00 383
    2018-03-01 $389,900 (11.4%) $546,710 (-0.8%) 0.00 411
    2018-04-01 $387,000 (11.7%) $542,190 (4.5%) 0.00 431
    2018-05-01 $399,000 (10.9%) $554,685 (6.0%) 0.00 483
    2018-06-01 $399,500 (8.1%) $554,226 (7.1%) 0.00 571
    2018-07-01 $392,475 (4.7%) $547,158 (7.5%) 0.00 611
    2018-08-01 $394,450 (4.1%) $552,007 (8.4%) 0.00 633
    2018-09-01 $389,000 (3.7%) $543,870 (5.4%) 0.00 654
    2018-10-01 $389,000 (3.2%) $541,702 (2.8%) 0.00 641
    2018-11-01 $386,950 (3.3%) $534,773 (3.1%) 0.00 602
    2018-12-01 $388,200 (-0.2%) $550,149 (2.6%) 0.00 526
    2019-01-01 $389,450 (-1.1%) $556,009 (3.7%) 0.00 480
    2019-02-01 $388,225 (-2.8%) $539,950 (-2.3%) 0.00 456
    2019-03-01 $392,264 (0.6%) $539,770 (-1.3%) 0.00 440
    2019-04-01 $398,675 (3.0%) $542,647 (0.1%) 0.00 438
    2019-05-01 $414,900 (4.0%) $547,608 (-1.3%) 0.00 478
    2019-06-01 $409,700 (2.6%) $550,467 (-0.7%) 0.00 484
    2019-07-01 $424,975 (8.3%) $549,007 (0.3%) 0.00 489
    2019-08-01 $423,636 (7.4%) $559,386 (1.3%) 0.00 482
    2019-09-01 $421,591 (8.4%) $564,382 (3.8%) 0.00 472
    2019-10-01 $420,000 (8.0%) $569,095 (5.1%) 0.00 458
    2019-11-01 $413,300 (6.8%) $560,688 (4.9%) 0.00 417
    2019-12-01 $408,450 (5.2%) $552,848 (0.5%) 0.00 361
    2020-01-01 $426,975 (9.6%) $581,963 (4.7%) 0.00 297
    2020-02-01 $429,000 (10.5%) $592,933 (9.8%) 0.00 280
    2020-03-01 $448,000 (14.2%) $630,529 (16.8%) 0.00 299
    2020-04-01 $433,325 (8.7%) $608,099 (12.1%) 0.00 324
    2020-05-01 $459,000 (10.6%) $645,664 (17.9%) 0.00 310
    2020-06-01 $460,950 (12.5%) $654,595 (18.9%) 0.00 303
    2020-07-01 $488,175 (14.9%) $721,982 (31.5%) 0.00 279
    2020-08-01 $535,000 (26.3%) $766,751 (37.1%) 0.00 264
    2020-09-01 $535,500 (27.0%) $792,135 (40.4%) 0.00 237
    2020-10-01 $535,000 (27.4%) $789,098 (38.7%) 0.00 221
    2020-11-01 $562,500 (36.1%) $845,241 (50.8%) 0.00 165
    2020-12-01 $571,225 (39.9%) $891,568 (61.3%) 0.00 134
    2021-01-01 $650,000 (52.2%) $959,116 (64.8%) 0.00 107
    2021-02-01 $576,975 (34.5%) $895,344 (51.0%) 0.00 107
    2021-03-01 $500,450 (11.7%) $786,595 (24.8%) 0.00 124
    2021-04-01 $572,000 (32.0%) $819,344 (34.7%) 0.00 116
    2021-05-01 $590,000 (28.5%) $886,888 (37.4%) 0.00 127
    2021-06-01 $585,500 (27.0%) $895,507 (36.8%) 0.00 140
    2021-07-01 $626,000 (28.2%) $894,971 (24.0%) 0.00 154
    2021-08-01 $620,040 (15.9%) $855,706 (11.6%) 0.00 180
    2021-09-01 $640,000 (19.5%) $878,493 (10.9%) 0.00 167
    2021-10-01 $658,500 (23.1%) $888,118 (12.6%) 0.00 149
    2021-11-01 $705,625 (25.4%) $999,164 (18.2%) 0.00 114
    2021-12-01 $757,500 (32.6%) $1,056,390 (18.5%) 0.00 96
    2022-01-01 $799,000 (22.9%) $1,154,607 (20.4%) 0.00 74
    2022-02-01 $809,450 (40.3%) $1,178,590 (31.6%) 0.00 75
    2022-03-01 $760,000 (51.9%) $1,036,316 (31.8%) 0.00 82
    2022-04-01 $839,500 (46.8%) $1,060,262 (29.4%) 0.00 105
    2022-05-01 $762,500 (29.2%) $966,231 (9.0%) 0.00 160
    2022-06-01 $757,000 (29.3%) $955,076 (6.7%) 0.00 208
    2022-07-01 $746,000 (19.2%) $1,005,177 (12.3%) 0.00 240
    2022-08-01 $722,250 (16.5%) $982,980 (14.9%) 0.00 258
    2022-09-01 $712,000 (11.3%) $969,222 (10.3%) 0.00 264
    2022-10-01 $699,000 (6.2%) $976,238 (9.9%) 0.00 257
    2022-11-01 $687,475 (-2.6%) $980,539 (-1.9%) 0.00 251
    2022-12-01 $690,000 (-8.9%) $985,984 (-6.7%) 0.00 215
    2023-01-01 $738,360 (-7.6%) $1,039,164 (-10.0%) 0.00 202
    2023-02-01 $749,250 (-7.4%) $1,036,957 (-12.0%) 0.00 193
    2023-03-01 $799,963 (5.3%) $1,038,837 (0.2%) 0.00 177
    2023-04-01 $820,000 (-2.3%) $1,132,032 (6.8%) 0.00 189
    2023-05-01 $799,475 (4.9%) $1,095,330 (13.4%) 0.00 235
    2023-06-01 $783,500 (3.5%) $1,074,539 (12.5%) 0.00 263
    2023-07-01 $749,000 (0.4%) $1,068,472 (6.3%) 0.00 277
    2023-08-01 $698,725 (-3.3%) $1,071,311 (9.0%) 0.00 294
    2023-09-01 $725,000 (1.8%) $1,089,200 (12.4%) 0.00 329
    2023-10-01 $725,000 (3.7%) $1,102,935 (13.0%) 0.00 334
    2023-11-01 $725,000 (5.5%) $1,123,867 (14.6%) 0.00 313
    2023-12-01 $699,000 (1.3%) $1,036,067 (5.1%) 0.00 280
    2024-01-01 $692,000 (-6.3%) $1,052,637 (1.3%) 0.00 256
    2024-02-01 $711,238 (-5.1%) $1,043,354 (0.6%) 0.00 227
    2024-03-01 $730,000 (-8.8%) $1,049,145 (1.0%) 0.00 224
    2024-04-01 $725,000 (-11.6%) $1,050,316 (-7.2%) 0.00 255
    2024-05-01 $725,000 (-9.3%) $1,074,320 (-1.9%) 0.00 316
    2024-06-01 $722,450 (-7.8%) $1,046,908 (-2.6%) 0.00 355
    2024-07-01 $734,250 (-2.0%) $1,049,348 (-1.8%) 0.00 370
    2024-08-01 $725,000 (3.8%) $1,015,388 (-5.2%) 0.00 380
    2024-09-01 $699,000 (-3.6%) $975,332 (-10.5%) 0.00 400
    2024-10-01 $699,000 (-3.6%) $986,348 (-10.6%) 0.00 392
    2024-11-01 $695,000 (-4.1%) $975,155 (-13.2%) 0.00 352
    Missoula's median listing price for 2024-11-01 was $695,000, a difference of $-30,000 (-4.1%) versus the prior year and $-4,000 versus the prior month.

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

    Missoula's average listing price for 2024-11-01 was $975,155, a difference of $-148,712 (-13.2%) versus the prior year and $-11,193 versus the prior month.

    For the 2024-11-01 period, Missoula had 352 MLS listings, a difference of -40 listings (-10%) versus the prior month and 39 listings (12%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Missoula (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,232 sqft
    2018-02-01 0 days 2,400 sqft
    2018-03-01 0 days 2,290 sqft
    2018-04-01 0 days 2,338 sqft
    2018-05-01 0 days 2,250 sqft
    2018-06-01 0 days 2,212 sqft
    2018-07-01 0 days 2,151 sqft
    2018-08-01 0 days 2,191 sqft
    2018-09-01 0 days 2,128 sqft
    2018-10-01 0 days 2,102 sqft
    2018-11-01 0 days 2,096 sqft
    2018-12-01 0 days 2,102 sqft
    2019-01-01 0 days 2,111 sqft
    2019-02-01 0 days 2,073 sqft
    2019-03-01 0 days 2,071 sqft
    2019-04-01 0 days 2,087 sqft
    2019-05-01 0 days 2,248 sqft
    2019-06-01 0 days 2,249 sqft
    2019-07-01 0 days 2,243 sqft
    2019-08-01 0 days 2,253 sqft
    2019-09-01 0 days 2,251 sqft
    2019-10-01 0 days 2,249 sqft
    2019-11-01 0 days 2,186 sqft
    2019-12-01 0 days 2,131 sqft
    2020-01-01 0 days 2,169 sqft
    2020-02-01 0 days 2,134 sqft
    2020-03-01 0 days 2,233 sqft
    2020-04-01 0 days 2,212 sqft
    2020-05-01 0 days 2,280 sqft
    2020-06-01 0 days 2,336 sqft
    2020-07-01 0 days 2,452 sqft
    2020-08-01 0 days 2,453 sqft
    2020-09-01 0 days 2,417 sqft
    2020-10-01 0 days 2,433 sqft
    2020-11-01 0 days 2,462 sqft
    2020-12-01 0 days 2,405 sqft
    2021-01-01 0 days 2,515 sqft
    2021-02-01 0 days 2,324 sqft
    2021-03-01 0 days 2,073 sqft
    2021-04-01 0 days 2,281 sqft
    2021-05-01 0 days 2,409 sqft
    2021-06-01 0 days 2,234 sqft
    2021-07-01 0 days 2,277 sqft
    2021-08-01 0 days 2,339 sqft
    2021-09-01 0 days 2,364 sqft
    2021-10-01 0 days 2,334 sqft
    2021-11-01 0 days 2,353 sqft
    2021-12-01 0 days 2,471 sqft
    2022-01-01 0 days 2,471 sqft
    2022-02-01 0 days 2,416 sqft
    2022-03-01 0 days 2,311 sqft
    2022-04-01 0 days 2,345 sqft
    2022-05-01 0 days 2,288 sqft
    2022-06-01 0 days 2,343 sqft
    2022-07-01 0 days 2,345 sqft
    2022-08-01 0 days 2,310 sqft
    2022-09-01 0 days 2,270 sqft
    2022-10-01 0 days 2,345 sqft
    2022-11-01 0 days 2,221 sqft
    2022-12-01 0 days 2,197 sqft
    2023-01-01 0 days 2,205 sqft
    2023-02-01 0 days 2,244 sqft
    2023-03-01 0 days 2,303 sqft
    2023-04-01 0 days 2,280 sqft
    2023-05-01 0 days 2,240 sqft
    2023-06-01 0 days 2,262 sqft
    2023-07-01 0 days 2,112 sqft
    2023-08-01 0 days 2,124 sqft
    2023-09-01 0 days 2,146 sqft
    2023-10-01 0 days 2,158 sqft
    2023-11-01 0 days 2,172 sqft
    2023-12-01 0 days 2,146 sqft
    2024-01-01 0 days 2,135 sqft
    2024-02-01 0 days 2,118 sqft
    2024-03-01 0 days 2,155 sqft
    2024-04-01 0 days 2,127 sqft
    2024-05-01 0 days 2,066 sqft
    2024-06-01 0 days 2,043 sqft
    2024-07-01 0 days 2,170 sqft
    2024-08-01 0 days 2,160 sqft
    2024-09-01 0 days 2,072 sqft
    2024-10-01 0 days 2,157 sqft
    2024-11-01 0 days 2,120 sqft
    Missoula's median listing age (time on market) for 2024-11-01 was 0 days.

    Missoula's median square footage for active listings during the 2024-11-01 period was 2,120 sqft. One year prior, the average listing was 2,172 sqft.