North Platte USDA Loan Rates, Closing Costs & Stats
North Platte, NE
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.
North Platte's 2 lenders originated 4 USDA loans during 2023. The total origination value was $620,000, with an average USDA loan value of $155,000.
North Platte USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in North Platte
averaged
6.81%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
North Platte's average USDA mortgage closing costs are $5,010.
The average rate for the prior week (2024-04-12) was
6.46% and
one month ago for the week of 2024-03-15, the
average rate was 6.44%.
The average rate one year ago was 6.48%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.96%.
North Platte 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 North Platte level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Adams Bank & Trust | 3 | 6.67% | $5,269 |
| First National Bank of Omaha | 1 | 7.13% | $6,083 |
The top North Platte USDA lender as defined by loan originations is Adams Bank & Trust, with
3 USDA loans originated. Their average total fees are
$5,269, which is $814
lower than the next largest lender,
First National Bank of Omaha.
The lowest fee North Platte USDA lenders (with over 10 loans originated) are
.
The lowest rate North Platte USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - North Platte (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 | $158,700 (2.9%) | $189,683 (5.1%) | 0.00 | 110 |
| 2018-02-01 | $154,900 (-8.1%) | $191,011 (0.9%) | 0.00 | 106 |
| 2018-03-01 | $165,000 (15.1%) | $198,323 (6.3%) | 0.00 | 97 |
| 2018-04-01 | $165,000 (10.4%) | $201,874 (2.3%) | 0.00 | 98 |
| 2018-05-01 | $169,450 (2.7%) | $206,827 (4.1%) | 0.00 | 110 |
| 2018-06-01 | $185,000 (5.2%) | $212,555 (0.0%) | 0.00 | 119 |
| 2018-07-01 | $189,125 (9.3%) | $217,154 (7.0%) | 0.00 | 118 |
| 2018-08-01 | $174,500 (5.5%) | $200,196 (2.5%) | 0.00 | 117 |
| 2018-09-01 | $165,000 (8.6%) | $185,174 (0.4%) | 0.00 | 114 |
| 2018-10-01 | $162,450 (7.6%) | $188,727 (2.3%) | 0.00 | 110 |
| 2018-11-01 | $159,900 (-3.1%) | $186,586 (-3.7%) | 0.00 | 114 |
| 2018-12-01 | $159,500 (-0.3%) | $183,270 (-5.4%) | 0.00 | 114 |
| 2019-01-01 | $159,500 (0.5%) | $185,391 (-2.3%) | 0.00 | 112 |
| 2019-02-01 | $165,975 (7.2%) | $190,567 (-0.2%) | 0.00 | 108 |
| 2019-03-01 | $176,100 (6.7%) | $192,404 (-3.0%) | 0.00 | 108 |
| 2019-04-01 | $173,850 (5.4%) | $195,123 (-3.3%) | 0.00 | 108 |
| 2019-05-01 | $185,000 (9.2%) | $209,387 (1.2%) | 0.00 | 110 |
| 2019-06-01 | $190,000 (2.7%) | $206,596 (-2.8%) | 0.00 | 139 |
| 2019-07-01 | $173,700 (-8.2%) | $198,148 (-8.8%) | 0.00 | 154 |
| 2019-08-01 | $172,686 (-1.0%) | $192,830 (-3.7%) | 0.00 | 171 |
| 2019-09-01 | $182,341 (10.5%) | $193,261 (4.4%) | 0.00 | 184 |
| 2019-10-01 | $189,925 (16.9%) | $193,793 (2.7%) | 0.00 | 196 |
| 2019-11-01 | $190,000 (18.8%) | $193,512 (3.7%) | 0.00 | 177 |
| 2019-12-01 | $188,625 (18.3%) | $192,241 (4.9%) | 0.00 | 165 |
| 2020-01-01 | $187,625 (17.6%) | $192,300 (3.7%) | 0.00 | 146 |
| 2020-02-01 | $179,500 (8.2%) | $186,256 (-2.3%) | 0.00 | 132 |
| 2020-03-01 | $181,225 (2.9%) | $197,578 (2.7%) | 0.00 | 136 |
| 2020-04-01 | $179,350 (3.2%) | $196,867 (0.9%) | 0.00 | 142 |
| 2020-05-01 | $182,950 (-1.1%) | $197,036 (-5.9%) | 0.00 | 138 |
| 2020-06-01 | $179,000 (-5.8%) | $193,208 (-6.5%) | 0.00 | 129 |
| 2020-07-01 | $184,000 (5.9%) | $195,233 (-1.5%) | 0.00 | 113 |
| 2020-08-01 | $159,900 (-7.4%) | $182,044 (-5.6%) | 0.00 | 109 |
| 2020-09-01 | $149,900 (-17.8%) | $187,464 (-3.0%) | 0.00 | 109 |
| 2020-10-01 | $145,000 (-23.7%) | $178,522 (-7.9%) | 0.00 | 117 |
| 2020-11-01 | $127,500 (-32.9%) | $170,174 (-12.1%) | 0.00 | 109 |
| 2020-12-01 | $128,675 (-31.8%) | $166,050 (-13.6%) | 0.00 | 95 |
| 2021-01-01 | $119,900 (-36.1%) | $154,881 (-19.5%) | 0.00 | 86 |
| 2021-02-01 | $119,900 (-33.2%) | $155,548 (-16.5%) | 0.00 | 62 |
| 2021-03-01 | $118,500 (-34.6%) | $171,825 (-13.0%) | 0.00 | 43 |
| 2021-04-01 | $139,175 (-22.4%) | $190,989 (-3.0%) | 0.00 | 32 |
| 2021-05-01 | $126,900 (-30.6%) | $175,135 (-11.1%) | 0.00 | 36 |
| 2021-06-01 | $162,425 (-9.3%) | $197,948 (2.5%) | 0.00 | 34 |
| 2021-07-01 | $175,000 (-4.9%) | $199,925 (2.4%) | 0.00 | 53 |
| 2021-08-01 | $178,475 (11.6%) | $190,798 (4.8%) | 0.00 | 57 |
| 2021-09-01 | $167,925 (12.0%) | $195,490 (4.3%) | 0.00 | 48 |
| 2021-10-01 | $160,000 (10.3%) | $207,721 (16.4%) | 0.00 | 49 |
| 2021-11-01 | $177,150 (38.9%) | $223,279 (31.2%) | 0.00 | 41 |
| 2021-12-01 | $144,900 (12.6%) | $200,376 (20.7%) | 0.00 | 34 |
| 2022-01-01 | $142,450 (18.8%) | $214,776 (38.7%) | 0.00 | 32 |
| 2022-02-01 | $146,975 (22.6%) | $224,097 (44.1%) | 0.00 | 31 |
| 2022-03-01 | $151,450 (27.8%) | $260,731 (51.7%) | 0.00 | 32 |
| 2022-04-01 | $251,500 (80.7%) | $299,371 (56.8%) | 0.00 | 35 |
| 2022-05-01 | $363,500 (186.5%) | $362,153 (106.8%) | 0.00 | 28 |
| 2022-06-01 | $346,250 (113.2%) | $362,899 (83.3%) | 0.00 | 33 |
| 2022-07-01 | $251,950 (44.0%) | $312,000 (56.1%) | 0.00 | 44 |
| 2022-08-01 | $248,675 (39.3%) | $306,860 (60.8%) | 0.00 | 47 |
| 2022-09-01 | $227,750 (35.6%) | $318,430 (62.9%) | 0.00 | 47 |
| 2022-10-01 | $215,000 (34.4%) | $307,853 (48.2%) | 0.00 | 54 |
| 2022-11-01 | $267,500 (51.0%) | $291,143 (30.4%) | 0.00 | 71 |
| 2022-12-01 | $240,000 (65.6%) | $280,622 (40.1%) | 0.00 | 74 |
| 2023-01-01 | $240,000 (68.5%) | $288,273 (34.2%) | 0.00 | 66 |
| 2023-02-01 | $278,000 (89.2%) | $309,323 (38.0%) | 0.00 | 50 |
| 2023-03-01 | $292,000 (92.8%) | $316,440 (21.4%) | 0.00 | 43 |
| 2023-04-01 | $284,500 (13.1%) | $299,812 (0.2%) | 0.00 | 41 |
| 2023-05-01 | $283,000 (-22.2%) | $317,351 (-12.4%) | 0.00 | 43 |
| 2023-06-01 | $254,188 (-26.6%) | $297,138 (-18.1%) | 0.00 | 41 |
| 2023-07-01 | $269,900 (7.1%) | $312,714 (0.2%) | 0.00 | 61 |
| 2023-08-01 | $249,500 (0.3%) | $309,829 (1.0%) | 0.00 | 70 |
| 2023-09-01 | $245,000 (7.6%) | $298,064 (-6.4%) | 0.00 | 67 |
| 2023-10-01 | $238,750 (11.1%) | $290,556 (-5.6%) | 0.00 | 71 |
| 2023-11-01 | $219,000 (-18.1%) | $297,227 (2.1%) | 0.00 | 77 |
| 2023-12-01 | $225,000 (-6.3%) | $291,749 (4.0%) | 0.00 | 68 |
| 2024-01-01 | $231,000 (-3.8%) | $311,049 (7.9%) | 0.00 | 62 |
| 2024-02-01 | $252,688 (-9.1%) | $323,646 (4.6%) | 0.00 | 49 |
| 2024-03-01 | $258,700 (-11.4%) | $331,597 (4.8%) | 0.00 | 53 |
North Platte's median listing price comes in at 0% of the national average.
North Platte's average listing price for 2024-03-01 was $331,597, a difference of $15,157 (4.8%) versus the prior year and $7,951 versus the prior month.
For the 2024-03-01 period, North Platte had 53 MLS listings, a difference of 4 listings (8%) versus the prior month and 10 listings (23%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - North Platte (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,774 sqft |
| 2018-02-01 | 0 days | 1,893 sqft |
| 2018-03-01 | 0 days | 1,920 sqft |
| 2018-04-01 | 0 days | 1,979 sqft |
| 2018-05-01 | 0 days | 2,049 sqft |
| 2018-06-01 | 0 days | 2,064 sqft |
| 2018-07-01 | 0 days | 2,108 sqft |
| 2018-08-01 | 0 days | 2,005 sqft |
| 2018-09-01 | 0 days | 1,964 sqft |
| 2018-10-01 | 0 days | 1,908 sqft |
| 2018-11-01 | 0 days | 1,845 sqft |
| 2018-12-01 | 0 days | 1,902 sqft |
| 2019-01-01 | 0 days | 1,908 sqft |
| 2019-02-01 | 0 days | 1,944 sqft |
| 2019-03-01 | 0 days | 1,876 sqft |
| 2019-04-01 | 0 days | 1,789 sqft |
| 2019-05-01 | 0 days | 1,806 sqft |
| 2019-06-01 | 0 days | 1,880 sqft |
| 2019-07-01 | 0 days | 1,822 sqft |
| 2019-08-01 | 0 days | 1,763 sqft |
| 2019-09-01 | 0 days | 1,720 sqft |
| 2019-10-01 | 0 days | 1,704 sqft |
| 2019-11-01 | 0 days | 1,680 sqft |
| 2019-12-01 | 0 days | 1,679 sqft |
| 2020-01-01 | 0 days | 1,680 sqft |
| 2020-02-01 | 0 days | 1,728 sqft |
| 2020-03-01 | 0 days | 1,757 sqft |
| 2020-04-01 | 0 days | 1,761 sqft |
| 2020-05-01 | 0 days | 1,824 sqft |
| 2020-06-01 | 0 days | 1,813 sqft |
| 2020-07-01 | 0 days | 1,842 sqft |
| 2020-08-01 | 0 days | 1,824 sqft |
| 2020-09-01 | 0 days | 1,779 sqft |
| 2020-10-01 | 0 days | 1,768 sqft |
| 2020-11-01 | 0 days | 1,740 sqft |
| 2020-12-01 | 0 days | 1,704 sqft |
| 2021-01-01 | 0 days | 1,556 sqft |
| 2021-02-01 | 0 days | 1,526 sqft |
| 2021-03-01 | 0 days | 1,515 sqft |
| 2021-04-01 | 0 days | 1,623 sqft |
| 2021-05-01 | 0 days | 1,470 sqft |
| 2021-06-01 | 0 days | 1,677 sqft |
| 2021-07-01 | 0 days | 1,721 sqft |
| 2021-08-01 | 0 days | 1,711 sqft |
| 2021-09-01 | 0 days | 1,700 sqft |
| 2021-10-01 | 0 days | 1,680 sqft |
| 2021-11-01 | 0 days | 1,690 sqft |
| 2021-12-01 | 0 days | 1,326 sqft |
| 2022-01-01 | 0 days | 1,280 sqft |
| 2022-02-01 | 0 days | 1,570 sqft |
| 2022-03-01 | 0 days | 1,485 sqft |
| 2022-04-01 | 0 days | 1,608 sqft |
| 2022-05-01 | 0 days | 1,769 sqft |
| 2022-06-01 | 0 days | 1,915 sqft |
| 2022-07-01 | 0 days | 1,842 sqft |
| 2022-08-01 | 0 days | 1,581 sqft |
| 2022-09-01 | 0 days | 1,306 sqft |
| 2022-10-01 | 0 days | 1,561 sqft |
| 2022-11-01 | 0 days | 1,686 sqft |
| 2022-12-01 | 0 days | 1,620 sqft |
| 2023-01-01 | 0 days | 1,629 sqft |
| 2023-02-01 | 0 days | 1,620 sqft |
| 2023-03-01 | 0 days | 1,626 sqft |
| 2023-04-01 | 0 days | 1,904 sqft |
| 2023-05-01 | 0 days | 1,956 sqft |
| 2023-06-01 | 0 days | 1,726 sqft |
| 2023-07-01 | 0 days | 1,758 sqft |
| 2023-08-01 | 0 days | 1,782 sqft |
| 2023-09-01 | 0 days | 1,757 sqft |
| 2023-10-01 | 0 days | 1,652 sqft |
| 2023-11-01 | 0 days | 1,641 sqft |
| 2023-12-01 | 0 days | 1,580 sqft |
| 2024-01-01 | 0 days | 1,580 sqft |
| 2024-02-01 | 0 days | 1,649 sqft |
| 2024-03-01 | 0 days | 1,812 sqft |
North Platte's median square footage for active listings during the 2024-03-01 period was 1,812 sqft. One year prior, the average listing was 1,626 sqft.