Mountain Home USDA Loan Rates, Closing Costs & Stats
Mountain Home, ID
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 3 lenders originated 6 USDA loans during 2023. The total origination value was $1,520,000, with an average USDA loan value of $253,333.
Mountain Home USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Mountain Home
averaged
5.91%
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 $5,692.
The average rate for the prior week (2024-12-06) was
6.24% and
one month ago for the week of 2024-11-08, the
average rate was 5.96%.
The average rate one year ago was 6.63%.
For refis of the same type during the week of 2024-12-13, the average rate
was 6.3%.
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 |
|---|---|---|---|
| AXIA FINANCIAL, LLC | 2 | 5.63% | $6,242 |
| UNITED WHOLESALE MORTGAGE, LLC | 2 | 4.56% | $10,529 |
| AMERICAN PACIFIC MORTGAGE CORPORATION | 1 | 5.25% | $10,086 |
The top Mountain Home USDA lender as defined by loan originations is AXIA FINANCIAL, LLC, with
2 USDA loans originated. Their average total fees are
$6,242, which is $4,286
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
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 | $173,675 (10.8%) | $295,212 (57.2%) | 0.00 | 83 |
| 2018-02-01 | $173,075 (11.0%) | $282,915 (52.6%) | 0.00 | 81 |
| 2018-03-01 | $183,900 (9.2%) | $299,660 (50.6%) | 0.00 | 78 |
| 2018-04-01 | $200,000 (11.2%) | $315,229 (50.8%) | 0.00 | 75 |
| 2018-05-01 | $208,175 (10.7%) | $321,380 (19.5%) | 0.00 | 84 |
| 2018-06-01 | $215,000 (13.3%) | $313,520 (15.4%) | 0.00 | 103 |
| 2018-07-01 | $213,750 (13.1%) | $313,450 (16.5%) | 0.00 | 108 |
| 2018-08-01 | $212,450 (12.4%) | $320,502 (17.3%) | 0.00 | 115 |
| 2018-09-01 | $200,000 (14.4%) | $309,942 (20.1%) | 0.00 | 114 |
| 2018-10-01 | $208,000 (23.6%) | $285,449 (13.8%) | 0.00 | 114 |
| 2018-11-01 | $204,425 (21.4%) | $259,935 (2.9%) | 0.00 | 100 |
| 2018-12-01 | $222,620 (27.2%) | $258,147 (-2.9%) | 0.00 | 72 |
| 2019-01-01 | $220,000 (26.7%) | $260,647 (-11.7%) | 0.00 | 59 |
| 2019-02-01 | $220,000 (27.1%) | $264,142 (-6.6%) | 0.00 | 53 |
| 2019-03-01 | $233,783 (27.1%) | $269,746 (-10.0%) | 0.00 | 48 |
| 2019-04-01 | $230,473 (15.2%) | $268,607 (-14.8%) | 0.00 | 50 |
| 2019-05-01 | $225,000 (8.1%) | $260,273 (-19.0%) | 0.00 | 78 |
| 2019-06-01 | $240,303 (11.8%) | $330,754 (5.5%) | 0.00 | 83 |
| 2019-07-01 | $240,978 (12.7%) | $336,745 (7.4%) | 0.00 | 91 |
| 2019-08-01 | $237,535 (11.8%) | $330,453 (3.1%) | 0.00 | 92 |
| 2019-09-01 | $238,354 (19.2%) | $323,992 (4.5%) | 0.00 | 96 |
| 2019-10-01 | $239,445 (15.1%) | $319,684 (12.0%) | 0.00 | 97 |
| 2019-11-01 | $246,900 (20.8%) | $299,979 (15.4%) | 0.00 | 89 |
| 2019-12-01 | $249,900 (12.3%) | $274,462 (6.3%) | 0.00 | 82 |
| 2020-01-01 | $255,805 (16.3%) | $296,483 (13.8%) | 0.00 | 74 |
| 2020-02-01 | $262,892 (19.5%) | $306,619 (16.1%) | 0.00 | 64 |
| 2020-03-01 | $271,760 (16.2%) | $310,843 (15.2%) | 0.00 | 63 |
| 2020-04-01 | $276,270 (19.9%) | $331,387 (23.4%) | 0.00 | 69 |
| 2020-05-01 | $279,990 (24.4%) | $338,546 (30.1%) | 0.00 | 55 |
| 2020-06-01 | $279,923 (16.5%) | $359,552 (8.7%) | 0.00 | 33 |
| 2020-07-01 | $278,898 (15.7%) | $343,005 (1.9%) | 0.00 | 28 |
| 2020-08-01 | $285,000 (20.0%) | $334,617 (1.3%) | 0.00 | 25 |
| 2020-09-01 | $266,250 (11.7%) | $320,656 (-1.0%) | 0.00 | 24 |
| 2020-10-01 | $270,000 (12.8%) | $318,200 (-0.5%) | 0.00 | 19 |
| 2020-11-01 | $326,475 (32.2%) | $337,147 (12.4%) | 0.00 | 18 |
| 2020-12-01 | $325,375 (30.2%) | $352,115 (28.3%) | 0.00 | 23 |
| 2021-01-01 | $345,000 (34.9%) | $359,084 (21.1%) | 0.00 | 21 |
| 2021-02-01 | $345,000 (31.2%) | $364,068 (18.7%) | 0.00 | 21 |
| 2021-03-01 | $393,822 (44.9%) | $368,056 (18.4%) | 0.00 | 17 |
| 2021-04-01 | $399,900 (44.8%) | $390,600 (17.9%) | 0.00 | 16 |
| 2021-05-01 | $370,000 (32.2%) | $472,934 (39.7%) | 0.00 | 21 |
| 2021-06-01 | $388,220 (38.7%) | $460,992 (28.2%) | 0.00 | 29 |
| 2021-07-01 | $407,990 (46.3%) | $437,440 (27.5%) | 0.00 | 63 |
| 2021-08-01 | $397,468 (39.5%) | $459,689 (37.4%) | 0.00 | 69 |
| 2021-09-01 | $368,750 (38.5%) | $417,315 (30.1%) | 0.00 | 82 |
| 2021-10-01 | $349,995 (29.6%) | $414,724 (30.3%) | 0.00 | 84 |
| 2021-11-01 | $357,973 (9.7%) | $385,586 (14.4%) | 0.00 | 62 |
| 2021-12-01 | $345,948 (6.3%) | $376,074 (6.8%) | 0.00 | 43 |
| 2022-01-01 | $384,900 (11.6%) | $408,276 (13.7%) | 0.00 | 25 |
| 2022-02-01 | $376,250 (9.1%) | $401,312 (10.2%) | 0.00 | 21 |
| 2022-03-01 | $410,000 (4.1%) | $431,507 (17.2%) | 0.00 | 27 |
| 2022-04-01 | $424,900 (6.3%) | $424,413 (8.7%) | 0.00 | 34 |
| 2022-05-01 | $413,900 (11.9%) | $462,084 (-2.3%) | 0.00 | 48 |
| 2022-06-01 | $397,500 (2.4%) | $479,778 (4.1%) | 0.00 | 54 |
| 2022-07-01 | $374,900 (-8.1%) | $434,005 (-0.8%) | 0.00 | 69 |
| 2022-08-01 | $367,425 (-7.6%) | $410,021 (-10.8%) | 0.00 | 85 |
| 2022-09-01 | $349,975 (-5.1%) | $410,139 (-1.7%) | 0.00 | 82 |
| 2022-10-01 | $374,900 (7.1%) | $441,804 (6.5%) | 0.00 | 79 |
| 2022-11-01 | $364,250 (1.8%) | $413,633 (7.3%) | 0.00 | 86 |
| 2022-12-01 | $365,000 (5.5%) | $438,984 (16.7%) | 0.00 | 74 |
| 2023-01-01 | $367,450 (-4.5%) | $440,394 (7.9%) | 0.00 | 60 |
| 2023-02-01 | $374,450 (-0.5%) | $404,121 (0.7%) | 0.00 | 57 |
| 2023-03-01 | $370,000 (-9.8%) | $416,448 (-3.5%) | 0.00 | 57 |
| 2023-04-01 | $375,000 (-11.7%) | $421,264 (-0.7%) | 0.00 | 56 |
| 2023-05-01 | $387,490 (-6.4%) | $437,022 (-5.4%) | 0.00 | 64 |
| 2023-06-01 | $388,095 (-2.4%) | $435,626 (-9.2%) | 0.00 | 63 |
| 2023-07-01 | $395,445 (5.5%) | $444,818 (2.5%) | 0.00 | 62 |
| 2023-08-01 | $383,470 (4.4%) | $456,627 (11.4%) | 0.00 | 72 |
| 2023-09-01 | $365,000 (4.3%) | $437,896 (6.8%) | 0.00 | 85 |
| 2023-10-01 | $393,718 (5.0%) | $444,348 (0.6%) | 0.00 | 81 |
| 2023-11-01 | $348,675 (-4.3%) | $426,794 (3.2%) | 0.00 | 71 |
| 2023-12-01 | $357,450 (-2.1%) | $416,461 (-5.1%) | 0.00 | 62 |
| 2024-01-01 | $359,998 (-2.0%) | $405,088 (-8.0%) | 0.00 | 51 |
| 2024-02-01 | $376,223 (0.5%) | $432,556 (7.0%) | 0.00 | 39 |
| 2024-03-01 | $397,495 (7.4%) | $426,813 (2.5%) | 0.00 | 39 |
| 2024-04-01 | $400,550 (6.8%) | $464,274 (10.2%) | 0.00 | 50 |
| 2024-05-01 | $417,925 (7.9%) | $555,650 (27.1%) | 0.00 | 65 |
| 2024-06-01 | $399,900 (3.0%) | $571,442 (31.2%) | 0.00 | 70 |
| 2024-07-01 | $424,498 (7.4%) | $597,861 (34.4%) | 0.00 | 74 |
| 2024-08-01 | $412,490 (7.6%) | $578,688 (26.7%) | 0.00 | 79 |
| 2024-09-01 | $389,925 (6.8%) | $537,360 (22.7%) | 0.00 | 96 |
| 2024-10-01 | $373,125 (-5.2%) | $499,532 (12.4%) | 0.00 | 99 |
| 2024-11-01 | $369,000 (5.8%) | $498,060 (16.7%) | 0.00 | 100 |
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 $498,060, a difference of $71,266 (16.7%) versus the prior year and $-1,472 versus the prior month.
For the 2024-11-01 period, Mountain Home had 100 MLS listings, a difference of 1 listings (1%) versus the prior month and 29 listings (41%) 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 | 1,767 sqft |
| 2018-02-01 | 0 days | 1,678 sqft |
| 2018-03-01 | 0 days | 1,722 sqft |
| 2018-04-01 | 0 days | 1,844 sqft |
| 2018-05-01 | 0 days | 1,872 sqft |
| 2018-06-01 | 0 days | 1,873 sqft |
| 2018-07-01 | 0 days | 1,850 sqft |
| 2018-08-01 | 0 days | 1,851 sqft |
| 2018-09-01 | 0 days | 1,810 sqft |
| 2018-10-01 | 0 days | 1,826 sqft |
| 2018-11-01 | 0 days | 1,816 sqft |
| 2018-12-01 | 0 days | 1,800 sqft |
| 2019-01-01 | 0 days | 1,818 sqft |
| 2019-02-01 | 0 days | 1,809 sqft |
| 2019-03-01 | 0 days | 1,830 sqft |
| 2019-04-01 | 0 days | 1,808 sqft |
| 2019-05-01 | 0 days | 1,861 sqft |
| 2019-06-01 | 0 days | 1,856 sqft |
| 2019-07-01 | 0 days | 1,835 sqft |
| 2019-08-01 | 0 days | 1,764 sqft |
| 2019-09-01 | 0 days | 1,749 sqft |
| 2019-10-01 | 0 days | 1,730 sqft |
| 2019-11-01 | 0 days | 1,748 sqft |
| 2019-12-01 | 0 days | 1,722 sqft |
| 2020-01-01 | 0 days | 1,699 sqft |
| 2020-02-01 | 0 days | 1,707 sqft |
| 2020-03-01 | 0 days | 1,780 sqft |
| 2020-04-01 | 0 days | 1,829 sqft |
| 2020-05-01 | 0 days | 1,943 sqft |
| 2020-06-01 | 0 days | 1,960 sqft |
| 2020-07-01 | 0 days | 1,897 sqft |
| 2020-08-01 | 0 days | 1,873 sqft |
| 2020-09-01 | 0 days | 1,866 sqft |
| 2020-10-01 | 0 days | 1,826 sqft |
| 2020-11-01 | 0 days | 1,914 sqft |
| 2020-12-01 | 0 days | 1,931 sqft |
| 2021-01-01 | 0 days | 1,892 sqft |
| 2021-02-01 | 0 days | 1,944 sqft |
| 2021-03-01 | 0 days | 1,892 sqft |
| 2021-04-01 | 0 days | 1,857 sqft |
| 2021-05-01 | 0 days | 1,829 sqft |
| 2021-06-01 | 0 days | 1,707 sqft |
| 2021-07-01 | 0 days | 1,850 sqft |
| 2021-08-01 | 0 days | 1,808 sqft |
| 2021-09-01 | 0 days | 1,761 sqft |
| 2021-10-01 | 0 days | 1,693 sqft |
| 2021-11-01 | 0 days | 1,736 sqft |
| 2021-12-01 | 0 days | 1,741 sqft |
| 2022-01-01 | 0 days | 1,830 sqft |
| 2022-02-01 | 0 days | 1,897 sqft |
| 2022-03-01 | 0 days | 1,896 sqft |
| 2022-04-01 | 0 days | 1,836 sqft |
| 2022-05-01 | 0 days | 1,854 sqft |
| 2022-06-01 | 0 days | 1,853 sqft |
| 2022-07-01 | 0 days | 1,824 sqft |
| 2022-08-01 | 0 days | 1,760 sqft |
| 2022-09-01 | 0 days | 1,651 sqft |
| 2022-10-01 | 0 days | 1,704 sqft |
| 2022-11-01 | 0 days | 1,751 sqft |
| 2022-12-01 | 0 days | 1,815 sqft |
| 2023-01-01 | 0 days | 1,884 sqft |
| 2023-02-01 | 0 days | 1,847 sqft |
| 2023-03-01 | 0 days | 1,743 sqft |
| 2023-04-01 | 0 days | 1,744 sqft |
| 2023-05-01 | 0 days | 1,840 sqft |
| 2023-06-01 | 0 days | 1,851 sqft |
| 2023-07-01 | 0 days | 1,755 sqft |
| 2023-08-01 | 0 days | 1,722 sqft |
| 2023-09-01 | 0 days | 1,713 sqft |
| 2023-10-01 | 0 days | 1,740 sqft |
| 2023-11-01 | 0 days | 1,664 sqft |
| 2023-12-01 | 0 days | 1,814 sqft |
| 2024-01-01 | 0 days | 1,661 sqft |
| 2024-02-01 | 0 days | 1,876 sqft |
| 2024-03-01 | 0 days | 2,006 sqft |
| 2024-04-01 | 0 days | 2,074 sqft |
| 2024-05-01 | 0 days | 2,074 sqft |
| 2024-06-01 | 0 days | 1,916 sqft |
| 2024-07-01 | 0 days | 1,952 sqft |
| 2024-08-01 | 0 days | 1,903 sqft |
| 2024-09-01 | 0 days | 1,815 sqft |
| 2024-10-01 | 0 days | 1,716 sqft |
| 2024-11-01 | 0 days | 1,757 sqft |
Mountain Home's median square footage for active listings during the 2024-11-01 period was 1,757 sqft. One year prior, the average listing was 1,664 sqft.