Muskogee USDA Loan Rates, Closing Costs & Stats
Muskogee, OK
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.
Muskogee's 12 lenders originated 24 USDA loans during 2023. The total origination value was $3,800,000, with an average USDA loan value of $158,333.
Muskogee USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Muskogee
averaged
6.78%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Muskogee's average USDA mortgage closing costs are $4,555.
The average rate for the prior week (2024-04-12) was
6.63% and
one month ago for the week of 2024-03-15, the
average rate was 6.32%.
The average rate one year ago was 6.36%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.66%.
Muskogee 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 Muskogee level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
Firstar Bank | 6 | 6.13% | $4,854 |
FLAT BRANCH MORTGAGE, INC. | 4 | 6.00% | $7,206 |
American Bank of Oklahoma | 3 | 6.54% | $7,347 |
BOKF | 2 | 7.38% | $7,272 |
OPEN MORTGAGE, LLC | 2 | 6.44% | $7,062 |
Chickasaw Community Bank | 1 | 6.63% | $3,100 |
CORNERSTONE HOME LENDING, INC. | 1 | 6.00% | $4,529 |
United Fidelity Funding Corp. | 1 | 7.13% | $10,064 |
Armstrong Bank | 1 | 5.50% | $5,891 |
Arvest Bank | 1 | 7.50% | $5,920 |
AXIA FINANCIAL, LLC | 1 | 6.75% | $4,401 |
BancFirst | 1 | 6.00% | $6,835 |
The top Muskogee USDA lender as defined by loan originations is Firstar Bank, with
6 USDA loans originated. Their average total fees are
$4,854, which is $2,353
lower than the next largest lender,
FLAT BRANCH MORTGAGE, INC..
The lowest fee Muskogee USDA lenders (with over 10 loans originated) are
.
The lowest rate Muskogee USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Muskogee (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $114,100 (8.4%) | $135,195 (-3.4%) | 0.00 | 192 |
2018-02-01 | $107,625 (-1.3%) | $133,665 (-4.5%) | 0.00 | 179 |
2018-03-01 | $107,500 (-3.6%) | $135,058 (-2.2%) | 0.00 | 181 |
2018-04-01 | $116,000 (4.3%) | $143,626 (5.8%) | 0.00 | 178 |
2018-05-01 | $114,900 (4.0%) | $138,673 (-0.1%) | 0.00 | 187 |
2018-06-01 | $109,900 (0.2%) | $138,641 (4.3%) | 0.00 | 187 |
2018-07-01 | $114,950 (2.6%) | $143,339 (9.8%) | 0.00 | 189 |
2018-08-01 | $113,175 (-2.8%) | $142,374 (3.1%) | 0.00 | 189 |
2018-09-01 | $119,000 (3.5%) | $148,477 (13.3%) | 0.00 | 201 |
2018-10-01 | $114,950 (1.2%) | $143,414 (8.8%) | 0.00 | 217 |
2018-11-01 | $114,925 (2.2%) | $142,031 (6.2%) | 0.00 | 204 |
2018-12-01 | $110,000 (-4.4%) | $140,340 (2.4%) | 0.00 | 184 |
2019-01-01 | $113,750 (-0.3%) | $138,986 (2.8%) | 0.00 | 187 |
2019-02-01 | $115,000 (6.9%) | $144,465 (8.1%) | 0.00 | 186 |
2019-03-01 | $117,700 (9.5%) | $148,479 (9.9%) | 0.00 | 180 |
2019-04-01 | $124,450 (7.3%) | $149,417 (4.0%) | 0.00 | 174 |
2019-05-01 | $116,350 (1.3%) | $142,529 (2.8%) | 0.00 | 179 |
2019-06-01 | $119,900 (9.1%) | $144,330 (4.1%) | 0.00 | 172 |
2019-07-01 | $117,950 (2.6%) | $146,354 (2.1%) | 0.00 | 173 |
2019-08-01 | $121,123 (7.0%) | $150,715 (5.9%) | 0.00 | 183 |
2019-09-01 | $125,807 (5.7%) | $154,132 (3.8%) | 0.00 | 168 |
2019-10-01 | $128,930 (12.2%) | $156,411 (9.1%) | 0.00 | 155 |
2019-11-01 | $129,900 (13.0%) | $163,003 (14.8%) | 0.00 | 156 |
2019-12-01 | $129,882 (18.1%) | $165,975 (18.3%) | 0.00 | 146 |
2020-01-01 | $133,325 (17.2%) | $170,363 (22.6%) | 0.00 | 122 |
2020-02-01 | $134,950 (17.4%) | $165,357 (14.5%) | 0.00 | 135 |
2020-03-01 | $135,000 (14.7%) | $174,273 (17.4%) | 0.00 | 110 |
2020-04-01 | $140,625 (13.0%) | $180,841 (21.0%) | 0.00 | 109 |
2020-05-01 | $139,950 (20.3%) | $185,735 (30.3%) | 0.00 | 91 |
2020-06-01 | $141,725 (18.2%) | $185,926 (28.8%) | 0.00 | 92 |
2020-07-01 | $152,450 (29.3%) | $202,721 (38.5%) | 0.00 | 90 |
2020-08-01 | $135,000 (11.5%) | $192,933 (28.0%) | 0.00 | 78 |
2020-09-01 | $137,150 (9.0%) | $196,491 (27.5%) | 0.00 | 78 |
2020-10-01 | $135,500 (5.1%) | $188,653 (20.6%) | 0.00 | 87 |
2020-11-01 | $133,725 (2.9%) | $184,837 (13.4%) | 0.00 | 99 |
2020-12-01 | $134,900 (3.9%) | $175,499 (5.7%) | 0.00 | 90 |
2021-01-01 | $139,900 (4.9%) | $171,865 (0.9%) | 0.00 | 82 |
2021-02-01 | $124,950 (-7.4%) | $165,397 (0.0%) | 0.00 | 69 |
2021-03-01 | $89,950 (-33.4%) | $155,217 (-10.9%) | 0.00 | 60 |
2021-04-01 | $101,875 (-27.6%) | $164,044 (-9.3%) | 0.00 | 62 |
2021-05-01 | $82,000 (-41.4%) | $156,618 (-15.7%) | 0.00 | 57 |
2021-06-01 | $126,225 (-10.9%) | $164,466 (-11.5%) | 0.00 | 64 |
2021-07-01 | $134,950 (-11.5%) | $173,554 (-14.4%) | 0.00 | 76 |
2021-08-01 | $129,175 (-4.3%) | $170,755 (-11.5%) | 0.00 | 78 |
2021-09-01 | $119,625 (-12.8%) | $153,557 (-21.9%) | 0.00 | 103 |
2021-10-01 | $119,000 (-12.2%) | $157,653 (-16.4%) | 0.00 | 109 |
2021-11-01 | $114,225 (-14.6%) | $161,707 (-12.5%) | 0.00 | 95 |
2021-12-01 | $121,575 (-9.9%) | $163,839 (-6.6%) | 0.00 | 93 |
2022-01-01 | $116,950 (-16.4%) | $173,534 (1.0%) | 0.00 | 78 |
2022-02-01 | $133,975 (7.2%) | $188,931 (14.2%) | 0.00 | 67 |
2022-03-01 | $135,750 (50.9%) | $192,666 (24.1%) | 0.00 | 64 |
2022-04-01 | $175,000 (71.8%) | $206,037 (25.6%) | 0.00 | 70 |
2022-05-01 | $185,000 (125.6%) | $213,329 (36.2%) | 0.00 | 89 |
2022-06-01 | $201,226 (59.4%) | $235,901 (43.4%) | 0.00 | 92 |
2022-07-01 | $206,504 (53.0%) | $231,323 (33.3%) | 0.00 | 118 |
2022-08-01 | $209,331 (62.1%) | $243,691 (42.7%) | 0.00 | 143 |
2022-09-01 | $211,000 (76.4%) | $236,542 (54.0%) | 0.00 | 144 |
2022-10-01 | $204,990 (72.3%) | $235,517 (49.4%) | 0.00 | 142 |
2022-11-01 | $194,365 (70.2%) | $236,673 (46.4%) | 0.00 | 151 |
2022-12-01 | $189,990 (56.3%) | $238,395 (45.5%) | 0.00 | 132 |
2023-01-01 | $194,990 (66.7%) | $243,755 (40.5%) | 0.00 | 127 |
2023-02-01 | $194,990 (45.5%) | $235,120 (24.5%) | 0.00 | 140 |
2023-03-01 | $194,990 (43.6%) | $247,987 (28.7%) | 0.00 | 135 |
2023-04-01 | $204,745 (17.0%) | $259,769 (26.1%) | 0.00 | 132 |
2023-05-01 | $207,276 (12.0%) | $265,037 (24.2%) | 0.00 | 137 |
2023-06-01 | $203,550 (1.2%) | $253,436 (7.4%) | 0.00 | 139 |
2023-07-01 | $209,850 (1.6%) | $262,120 (13.3%) | 0.00 | 129 |
2023-08-01 | $197,445 (-5.7%) | $251,792 (3.3%) | 0.00 | 128 |
2023-09-01 | $194,995 (-7.6%) | $250,160 (5.8%) | 0.00 | 129 |
2023-10-01 | $184,990 (-9.8%) | $221,936 (-5.8%) | 0.00 | 153 |
2023-11-01 | $186,490 (-4.1%) | $228,017 (-3.7%) | 0.00 | 165 |
2023-12-01 | $187,990 (-1.1%) | $226,531 (-5.0%) | 0.00 | 146 |
2024-01-01 | $189,473 (-2.8%) | $226,743 (-7.0%) | 0.00 | 137 |
2024-02-01 | $188,870 (-3.1%) | $236,121 (0.4%) | 0.00 | 122 |
2024-03-01 | $194,990 (0.0%) | $233,831 (-5.7%) | 0.00 | 115 |
Muskogee's median listing price comes in at 0% of the national average.
Muskogee's average listing price for 2024-03-01 was $233,831, a difference of $-14,156 (-5.7%) versus the prior year and $-2,290 versus the prior month.
For the 2024-03-01 period, Muskogee had 115 MLS listings, a difference of -7 listings (-6%) versus the prior month and -20 listings (-15%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Muskogee (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,608 sqft |
2018-02-01 | 0 days | 1,596 sqft |
2018-03-01 | 0 days | 1,666 sqft |
2018-04-01 | 0 days | 1,710 sqft |
2018-05-01 | 0 days | 1,669 sqft |
2018-06-01 | 0 days | 1,696 sqft |
2018-07-01 | 0 days | 1,688 sqft |
2018-08-01 | 0 days | 1,683 sqft |
2018-09-01 | 0 days | 1,642 sqft |
2018-10-01 | 0 days | 1,603 sqft |
2018-11-01 | 0 days | 1,531 sqft |
2018-12-01 | 0 days | 1,497 sqft |
2019-01-01 | 0 days | 1,544 sqft |
2019-02-01 | 0 days | 1,615 sqft |
2019-03-01 | 0 days | 1,614 sqft |
2019-04-01 | 0 days | 1,617 sqft |
2019-05-01 | 0 days | 1,593 sqft |
2019-06-01 | 0 days | 1,624 sqft |
2019-07-01 | 0 days | 1,649 sqft |
2019-08-01 | 0 days | 1,624 sqft |
2019-09-01 | 0 days | 1,666 sqft |
2019-10-01 | 0 days | 1,674 sqft |
2019-11-01 | 0 days | 1,606 sqft |
2019-12-01 | 0 days | 1,605 sqft |
2020-01-01 | 0 days | 1,665 sqft |
2020-02-01 | 0 days | 1,628 sqft |
2020-03-01 | 0 days | 1,603 sqft |
2020-04-01 | 0 days | 1,666 sqft |
2020-05-01 | 0 days | 1,639 sqft |
2020-06-01 | 0 days | 1,684 sqft |
2020-07-01 | 0 days | 1,688 sqft |
2020-08-01 | 0 days | 1,646 sqft |
2020-09-01 | 0 days | 1,652 sqft |
2020-10-01 | 0 days | 1,634 sqft |
2020-11-01 | 0 days | 1,648 sqft |
2020-12-01 | 0 days | 1,554 sqft |
2021-01-01 | 0 days | 1,544 sqft |
2021-02-01 | 0 days | 1,506 sqft |
2021-03-01 | 0 days | 1,436 sqft |
2021-04-01 | 0 days | 1,474 sqft |
2021-05-01 | 0 days | 1,425 sqft |
2021-06-01 | 0 days | 1,520 sqft |
2021-07-01 | 0 days | 1,496 sqft |
2021-08-01 | 0 days | 1,458 sqft |
2021-09-01 | 0 days | 1,429 sqft |
2021-10-01 | 0 days | 1,372 sqft |
2021-11-01 | 0 days | 1,359 sqft |
2021-12-01 | 0 days | 1,368 sqft |
2022-01-01 | 0 days | 1,368 sqft |
2022-02-01 | 0 days | 1,466 sqft |
2022-03-01 | 0 days | 1,521 sqft |
2022-04-01 | 0 days | 1,534 sqft |
2022-05-01 | 0 days | 1,431 sqft |
2022-06-01 | 0 days | 1,441 sqft |
2022-07-01 | 0 days | 1,523 sqft |
2022-08-01 | 0 days | 1,566 sqft |
2022-09-01 | 0 days | 1,576 sqft |
2022-10-01 | 0 days | 1,550 sqft |
2022-11-01 | 0 days | 1,638 sqft |
2022-12-01 | 0 days | 1,592 sqft |
2023-01-01 | 0 days | 1,581 sqft |
2023-02-01 | 0 days | 1,548 sqft |
2023-03-01 | 0 days | 1,559 sqft |
2023-04-01 | 0 days | 1,572 sqft |
2023-05-01 | 0 days | 1,623 sqft |
2023-06-01 | 0 days | 1,585 sqft |
2023-07-01 | 0 days | 1,599 sqft |
2023-08-01 | 0 days | 1,605 sqft |
2023-09-01 | 0 days | 1,575 sqft |
2023-10-01 | 0 days | 1,500 sqft |
2023-11-01 | 0 days | 1,477 sqft |
2023-12-01 | 0 days | 1,467 sqft |
2024-01-01 | 0 days | 1,463 sqft |
2024-02-01 | 0 days | 1,451 sqft |
2024-03-01 | 0 days | 1,480 sqft |
Muskogee's median square footage for active listings during the 2024-03-01 period was 1,480 sqft. One year prior, the average listing was 1,559 sqft.