Mountain Home USDA Loan Rates, Closing Costs & Stats
Mountain Home, AR
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
6.49%
for the week of 2024-12-13, compared to the national average (all USDA variants) of
6.303% for the same period.
Mountain Home's average USDA mortgage closing costs are $3,528.
The average rate for the prior week (2024-12-06) was
6.33% and
one month ago for the week of 2024-11-08, the
average rate was 6.64%.
The average rate one year ago was 6.61%.
For refis of the same type during the week of 2024-12-13, the average rate
was 6.1%.
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 |
| 2024-04-01 | $267,975 (7.6%) | $398,972 (14.1%) | 0.00 | 193 |
| 2024-05-01 | $271,850 (2.6%) | $391,257 (3.3%) | 0.00 | 192 |
| 2024-06-01 | $295,750 (10.1%) | $393,401 (4.8%) | 0.00 | 183 |
| 2024-07-01 | $289,900 (11.5%) | $396,538 (9.7%) | 0.00 | 179 |
| 2024-08-01 | $274,900 (0.9%) | $386,973 (5.7%) | 0.00 | 195 |
| 2024-09-01 | $274,900 (-8.3%) | $386,508 (-6.1%) | 0.00 | 216 |
| 2024-10-01 | $274,900 (-5.2%) | $400,258 (0.5%) | 0.00 | 219 |
| 2024-11-01 | $275,000 (-0.9%) | $414,422 (11.8%) | 0.00 | 226 |
Mountain Home's median listing price comes in at 0% of the national average.
Mountain Home's average listing price for 2024-11-01 was $414,422, a difference of $43,712 (11.8%) versus the prior year and $14,164 versus the prior month.
For the 2024-11-01 period, Mountain Home had 226 MLS listings, a difference of 7 listings (3%) versus the prior month and 25 listings (12%) 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 |
| 2024-04-01 | 0 days | 1,720 sqft |
| 2024-05-01 | 0 days | 1,859 sqft |
| 2024-06-01 | 0 days | 2,000 sqft |
| 2024-07-01 | 0 days | 1,933 sqft |
| 2024-08-01 | 0 days | 1,819 sqft |
| 2024-09-01 | 0 days | 1,799 sqft |
| 2024-10-01 | 0 days | 1,785 sqft |
| 2024-11-01 | 0 days | 1,748 sqft |
Mountain Home's median square footage for active listings during the 2024-11-01 period was 1,748 sqft. One year prior, the average listing was 1,741 sqft.