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 0.14% for the week of 2024-11-29, compared to the national average (all USDA variants) of 0% for the same period.

North Platte's average USDA mortgage closing costs are $5,010.

The average rate for the prior week (2024-11-22) was 6.55% and one month ago for the week of 2024-10-25, the average rate was 6.45%.

The average rate one year ago was 6.85%.

For refis of the same type during the week of 2024-11-29, the average rate was 0%.

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

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
2024-04-01 $262,250 (-7.8%) $319,048 (6.4%) 0.00 59
2024-05-01 $268,925 (-5.0%) $320,002 (0.8%) 0.00 64
2024-06-01 $257,900 (1.5%) $347,470 (16.9%) 0.00 71
2024-07-01 $277,500 (2.8%) $314,702 (0.6%) 0.00 85
2024-08-01 $260,000 (4.2%) $312,572 (0.9%) 0.00 86
2024-09-01 $253,475 (3.5%) $317,483 (6.5%) 0.00 95
2024-10-01 $273,500 (14.6%) $342,367 (17.8%) 0.00 84
North Platte's median listing price for 2024-10-01 was $273,500, a difference of $34,750 (14.6%) versus the prior year and $20,025 versus the prior month.

North Platte's median listing price comes in at 0% of the national average.

North Platte's average listing price for 2024-10-01 was $342,367, a difference of $51,811 (17.8%) versus the prior year and $24,884 versus the prior month.

For the 2024-10-01 period, North Platte had 84 MLS listings, a difference of -11 listings (-12%) versus the prior month and 13 listings (18%) 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
2024-04-01 0 days 1,796 sqft
2024-05-01 0 days 1,735 sqft
2024-06-01 0 days 1,788 sqft
2024-07-01 0 days 1,792 sqft
2024-08-01 0 days 1,780 sqft
2024-09-01 0 days 1,779 sqft
2024-10-01 0 days 1,821 sqft
North Platte's median listing age (time on market) for 2024-10-01 was 0 days.

North Platte's median square footage for active listings during the 2024-10-01 period was 1,821 sqft. One year prior, the average listing was 1,652 sqft.