Mountain Home USDA Loan Rates, Closing Costs & Stats

Mountain Home, AR

  • 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.

    Mountain Home's 5 lenders originated 54 USDA loans during 2023. The total origination value was $9,370,000, with an average USDA loan value of $173,519.

    Mountain Home USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Mountain Home averaged 6.65% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Mountain Home's average USDA mortgage closing costs are $3,528.

    The average rate for the prior week (2024-04-12) was 6.7% and one month ago for the week of 2024-03-15, the average rate was 6.59%.

    The average rate one year ago was 6.12%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.76%.

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

    Mountain Home 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 Mountain Home level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    DAS Acquisition Company, LLC 3 7.25% $5,507
    First Security Bank 2 6.56% $4,442
    Arvest Bank 1 7.00% $4,502
    FIRST COMMUNITY MORTGAGE, INC. 1 5.63% $4,770
    GUILD MORTGAGE COMPANY 1 6.13% $12,200

    The top Mountain Home USDA lender as defined by loan originations is DAS Acquisition Company, LLC, with 3 USDA loans originated. Their average total fees are $5,507, which is $1,065 higher than the next largest lender, First Security Bank.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Mountain Home (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 $159,900 (6.7%) $234,551 (10.6%) 0.00 330
    2018-02-01 $157,150 (4.8%) $232,881 (9.0%) 0.00 324
    2018-03-01 $169,900 (6.4%) $240,321 (11.8%) 0.00 331
    2018-04-01 $169,700 (2.4%) $233,483 (4.6%) 0.00 348
    2018-05-01 $170,925 (4.0%) $237,542 (6.6%) 0.00 348
    2018-06-01 $175,500 (9.8%) $248,244 (12.2%) 0.00 351
    2018-07-01 $179,500 (14.0%) $255,019 (17.8%) 0.00 361
    2018-08-01 $182,100 (14.1%) $258,674 (18.6%) 0.00 359
    2018-09-01 $186,250 (13.0%) $261,805 (19.6%) 0.00 358
    2018-10-01 $189,000 (14.6%) $262,421 (19.7%) 0.00 356
    2018-11-01 $189,600 (17.5%) $268,183 (20.1%) 0.00 350
    2018-12-01 $187,500 (14.8%) $264,151 (14.5%) 0.00 317
    2019-01-01 $184,800 (15.6%) $260,864 (11.2%) 0.00 310
    2019-02-01 $189,900 (20.8%) $264,999 (13.8%) 0.00 314
    2019-03-01 $196,371 (15.6%) $270,241 (12.5%) 0.00 308
    2019-04-01 $202,546 (19.4%) $276,177 (18.3%) 0.00 301
    2019-05-01 $195,750 (14.5%) $276,860 (16.6%) 0.00 301
    2019-06-01 $199,000 (13.4%) $282,039 (13.6%) 0.00 304
    2019-07-01 $195,950 (9.2%) $291,396 (14.3%) 0.00 307
    2019-08-01 $194,336 (6.7%) $292,228 (13.0%) 0.00 295
    2019-09-01 $191,841 (3.0%) $286,624 (9.5%) 0.00 295
    2019-10-01 $192,727 (2.0%) $285,862 (8.9%) 0.00 292
    2019-11-01 $195,000 (2.9%) $279,988 (4.4%) 0.00 268
    2019-12-01 $189,900 (1.3%) $282,251 (6.9%) 0.00 249
    2020-01-01 $196,975 (6.6%) $290,339 (11.3%) 0.00 244
    2020-02-01 $199,900 (5.3%) $295,141 (11.4%) 0.00 236
    2020-03-01 $220,950 (12.5%) $305,762 (13.1%) 0.00 230
    2020-04-01 $211,174 (4.3%) $302,045 (9.4%) 0.00 227
    2020-05-01 $229,948 (17.5%) $318,332 (15.0%) 0.00 200
    2020-06-01 $235,425 (18.3%) $321,883 (14.1%) 0.00 184
    2020-07-01 $237,650 (21.3%) $334,631 (14.8%) 0.00 175
    2020-08-01 $244,900 (26.0%) $331,898 (13.6%) 0.00 165
    2020-09-01 $242,450 (26.4%) $342,354 (19.4%) 0.00 156
    2020-10-01 $246,200 (27.8%) $343,982 (20.3%) 0.00 152
    2020-11-01 $238,675 (22.4%) $349,438 (24.8%) 0.00 146
    2020-12-01 $246,175 (29.6%) $355,998 (26.1%) 0.00 148
    2021-01-01 $269,900 (37.0%) $389,894 (34.3%) 0.00 121
    2021-02-01 $269,450 (34.8%) $389,921 (32.1%) 0.00 108
    2021-03-01 $259,900 (17.6%) $383,817 (25.5%) 0.00 95
    2021-04-01 $296,875 (40.6%) $428,307 (41.8%) 0.00 73
    2021-05-01 $243,700 (6.0%) $360,668 (13.3%) 0.00 71
    2021-06-01 $232,425 (-1.3%) $373,770 (16.1%) 0.00 77
    2021-07-01 $229,900 (-3.3%) $359,008 (7.3%) 0.00 95
    2021-08-01 $249,900 (2.0%) $367,651 (10.8%) 0.00 98
    2021-09-01 $261,475 (7.9%) $386,408 (12.9%) 0.00 122
    2021-10-01 $259,900 (5.6%) $394,806 (14.8%) 0.00 129
    2021-11-01 $245,875 (3.0%) $370,099 (5.9%) 0.00 128
    2021-12-01 $218,950 (-11.1%) $356,350 (0.1%) 0.00 110
    2022-01-01 $212,450 (-21.3%) $371,660 (-4.7%) 0.00 105
    2022-02-01 $232,450 (-13.7%) $395,690 (1.5%) 0.00 106
    2022-03-01 $249,450 (-4.0%) $430,767 (12.2%) 0.00 96
    2022-04-01 $249,900 (-15.8%) $423,226 (-1.2%) 0.00 99
    2022-05-01 $257,975 (5.9%) $413,500 (14.7%) 0.00 112
    2022-06-01 $261,950 (12.7%) $418,193 (11.9%) 0.00 118
    2022-07-01 $264,900 (15.2%) $391,825 (9.1%) 0.00 129
    2022-08-01 $272,525 (9.1%) $389,492 (5.9%) 0.00 140
    2022-09-01 $257,325 (-1.6%) $387,716 (0.3%) 0.00 137
    2022-10-01 $250,000 (-3.8%) $374,381 (-5.2%) 0.00 150
    2022-11-01 $255,000 (3.7%) $375,030 (1.3%) 0.00 157
    2022-12-01 $271,250 (23.9%) $388,534 (9.0%) 0.00 133
    2023-01-01 $282,325 (32.9%) $391,639 (5.4%) 0.00 135
    2023-02-01 $279,975 (20.5%) $393,357 (-0.6%) 0.00 123
    2023-03-01 $246,125 (-1.3%) $374,786 (-13.0%) 0.00 123
    2023-04-01 $249,000 (-0.4%) $349,742 (-17.4%) 0.00 114
    2023-05-01 $264,900 (2.7%) $378,714 (-8.4%) 0.00 116
    2023-06-01 $268,725 (2.6%) $375,259 (-10.3%) 0.00 121
    2023-07-01 $260,000 (-1.9%) $361,406 (-7.8%) 0.00 129
    2023-08-01 $272,425 (0.0%) $366,280 (-6.0%) 0.00 155
    2023-09-01 $299,900 (16.6%) $411,439 (6.1%) 0.00 164
    2023-10-01 $289,900 (16.0%) $398,255 (6.4%) 0.00 177
    2023-11-01 $277,400 (8.8%) $370,710 (-1.2%) 0.00 201
    2023-12-01 $274,900 (1.4%) $374,298 (-3.7%) 0.00 210
    2024-01-01 $279,900 (-0.9%) $389,489 (-0.6%) 0.00 202
    2024-02-01 $267,450 (-4.5%) $380,903 (-3.2%) 0.00 196
    2024-03-01 $272,900 (10.9%) $401,688 (7.2%) 0.00 185
    Mountain Home's median listing price for 2024-03-01 was $272,900, a difference of $26,775 (10.9%) versus the prior year and $5,450 versus the prior month.

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

    Mountain Home's average listing price for 2024-03-01 was $401,688, a difference of $26,902 (7.2%) versus the prior year and $20,785 versus the prior month.

    For the 2024-03-01 period, Mountain Home had 185 MLS listings, a difference of -11 listings (-6%) versus the prior month and 62 listings (50%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Mountain Home (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,746 sqft
    2018-02-01 0 days 1,743 sqft
    2018-03-01 0 days 1,765 sqft
    2018-04-01 0 days 1,762 sqft
    2018-05-01 0 days 1,761 sqft
    2018-06-01 0 days 1,765 sqft
    2018-07-01 0 days 1,776 sqft
    2018-08-01 0 days 1,807 sqft
    2018-09-01 0 days 1,847 sqft
    2018-10-01 0 days 1,837 sqft
    2018-11-01 0 days 1,826 sqft
    2018-12-01 0 days 1,821 sqft
    2019-01-01 0 days 1,808 sqft
    2019-02-01 0 days 1,841 sqft
    2019-03-01 0 days 1,848 sqft
    2019-04-01 0 days 1,864 sqft
    2019-05-01 0 days 1,787 sqft
    2019-06-01 0 days 1,840 sqft
    2019-07-01 0 days 1,834 sqft
    2019-08-01 0 days 1,851 sqft
    2019-09-01 0 days 1,823 sqft
    2019-10-01 0 days 1,804 sqft
    2019-11-01 0 days 1,810 sqft
    2019-12-01 0 days 1,801 sqft
    2020-01-01 0 days 1,810 sqft
    2020-02-01 0 days 1,900 sqft
    2020-03-01 0 days 1,900 sqft
    2020-04-01 0 days 1,900 sqft
    2020-05-01 0 days 1,900 sqft
    2020-06-01 0 days 2,040 sqft
    2020-07-01 0 days 2,180 sqft
    2020-08-01 0 days 2,250 sqft
    2020-09-01 0 days 2,250 sqft
    2020-10-01 0 days 2,250 sqft
    2020-11-01 0 days 2,250 sqft
    2020-12-01 0 days 2,250 sqft
    2021-01-01 0 days 2,060 sqft
    2021-02-01 0 days 2,060 sqft
    2021-03-01 0 days 2,064 sqft
    2021-04-01 0 days 2,100 sqft
    2021-05-01 0 days 2,060 sqft
    2021-06-01 0 days 1,948 sqft
    2021-07-01 0 days 1,971 sqft
    2021-08-01 0 days 1,839 sqft
    2021-09-01 0 days 1,989 sqft
    2021-10-01 0 days 1,855 sqft
    2021-11-01 0 days 1,822 sqft
    2021-12-01 0 days 1,773 sqft
    2022-01-01 0 days 1,741 sqft
    2022-02-01 0 days 1,937 sqft
    2022-03-01 0 days 1,978 sqft
    2022-04-01 0 days 1,895 sqft
    2022-05-01 0 days 1,957 sqft
    2022-06-01 0 days 1,810 sqft
    2022-07-01 0 days 1,783 sqft
    2022-08-01 0 days 1,907 sqft
    2022-09-01 0 days 1,848 sqft
    2022-10-01 0 days 1,848 sqft
    2022-11-01 0 days 1,880 sqft
    2022-12-01 0 days 1,825 sqft
    2023-01-01 0 days 1,809 sqft
    2023-02-01 0 days 1,750 sqft
    2023-03-01 0 days 1,695 sqft
    2023-04-01 0 days 1,700 sqft
    2023-05-01 0 days 1,737 sqft
    2023-06-01 0 days 1,735 sqft
    2023-07-01 0 days 1,728 sqft
    2023-08-01 0 days 1,802 sqft
    2023-09-01 0 days 1,911 sqft
    2023-10-01 0 days 1,825 sqft
    2023-11-01 0 days 1,741 sqft
    2023-12-01 0 days 1,701 sqft
    2024-01-01 0 days 1,734 sqft
    2024-02-01 0 days 1,728 sqft
    2024-03-01 0 days 1,716 sqft
    Mountain Home's median listing age (time on market) for 2024-03-01 was 0 days.

    Mountain Home's median square footage for active listings during the 2024-03-01 period was 1,716 sqft. One year prior, the average listing was 1,695 sqft.