Pittsburg USDA Loan Rates, Closing Costs & Stats

Pittsburg, KS

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.

Pittsburg's 5 lenders originated 45 USDA loans during 2023. The total origination value was $5,035,000, with an average USDA loan value of $111,889.

Pittsburg USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Pittsburg averaged 6.87% for the week of 2024-03-22, compared to the national average (all USDA variants) of 6.674% for the same period.

Pittsburg's average USDA mortgage closing costs are $4,063.

The average rate for the prior week (2024-03-15) was 6.89% and one month ago for the week of 2024-02-16, the average rate was 7.07%.

The average rate one year ago was 6.47%.

For refis of the same type during the week of 2024-03-22, the average rate was 6.57%.

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

Pittsburg 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 Pittsburg level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
FLAT BRANCH MORTGAGE, INC. 33 7.05% $5,018
Community National Bank & Trust 4 6.81% $5,308
Gateway First Bank 4 6.84% $4,611
Mortgage Investment Services Corporation 1 6.75% $3,946
MUTUAL OF OMAHA MORTGAGE, INC. 1 5.25% $7,352

The top Pittsburg USDA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 33 USDA loans originated. Their average total fees are $5,018, which is $290 lower than the next largest lender, Community National Bank & Trust.

The lowest fee Pittsburg USDA lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. ($5,018), .

The lowest rate Pittsburg USDA lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. (7.05%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Pittsburg (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 $75,060 (-1.6%) $119,822 (-1.4%) 0.00 192
2018-02-01 $79,125 (5.2%) $125,272 (2.3%) 0.00 206
2018-03-01 $86,000 (13.5%) $130,397 (8.5%) 0.00 207
2018-04-01 $89,125 (18.1%) $142,948 (22.9%) 0.00 211
2018-05-01 $89,700 (16.5%) $143,973 (20.7%) 0.00 205
2018-06-01 $99,900 (25.0%) $140,074 (16.5%) 0.00 214
2018-07-01 $93,100 (6.6%) $140,086 (7.9%) 0.00 211
2018-08-01 $88,625 (4.4%) $136,128 (4.6%) 0.00 210
2018-09-01 $88,250 (11.0%) $134,441 (5.2%) 0.00 209
2018-10-01 $89,900 (13.6%) $138,462 (7.9%) 0.00 211
2018-11-01 $89,975 (12.8%) $139,055 (11.1%) 0.00 203
2018-12-01 $84,975 (6.7%) $132,657 (7.4%) 0.00 194
2019-01-01 $79,950 (6.5%) $127,303 (6.2%) 0.00 182
2019-02-01 $69,500 (-12.2%) $118,308 (-5.6%) 0.00 226
2019-03-01 $76,571 (-11.0%) $124,135 (-4.8%) 0.00 204
2019-04-01 $86,000 (-3.5%) $133,338 (-6.7%) 0.00 179
2019-05-01 $86,178 (-3.9%) $136,511 (-5.2%) 0.00 164
2019-06-01 $87,000 (-12.9%) $131,273 (-6.3%) 0.00 163
2019-07-01 $79,163 (-15.0%) $122,727 (-12.4%) 0.00 160
2019-08-01 $82,636 (-6.8%) $119,525 (-12.2%) 0.00 161
2019-09-01 $78,341 (-11.2%) $115,806 (-13.9%) 0.00 166
2019-10-01 $75,477 (-16.0%) $113,327 (-18.2%) 0.00 173
2019-11-01 $76,200 (-15.3%) $113,387 (-18.5%) 0.00 169
2019-12-01 $74,875 (-11.9%) $108,394 (-18.3%) 0.00 162
2020-01-01 $74,500 (-6.8%) $113,058 (-11.2%) 0.00 141
2020-02-01 $75,000 (7.9%) $123,412 (4.3%) 0.00 134
2020-03-01 $93,475 (22.1%) $133,376 (7.4%) 0.00 122
2020-04-01 $107,450 (24.9%) $135,018 (1.3%) 0.00 123
2020-05-01 $114,640 (33.0%) $135,417 (-0.8%) 0.00 109
2020-06-01 $115,960 (33.3%) $136,380 (3.9%) 0.00 90
2020-07-01 $115,640 (46.1%) $138,262 (12.7%) 0.00 79
2020-08-01 $116,280 (40.7%) $141,371 (18.3%) 0.00 89
2020-09-01 $115,960 (48.0%) $143,357 (23.8%) 0.00 96
2020-10-01 $116,280 (54.1%) $149,069 (31.5%) 0.00 102
2020-11-01 $115,640 (51.8%) $144,269 (27.2%) 0.00 82
2020-12-01 $115,960 (54.9%) $140,526 (29.6%) 0.00 75
2021-01-01 $115,640 (55.2%) $161,918 (43.2%) 0.00 68
2021-02-01 $99,875 (33.2%) $162,881 (32.0%) 0.00 60
2021-03-01 $116,890 (25.1%) $148,650 (11.5%) 0.00 60
2021-04-01 $114,390 (6.5%) $138,372 (2.5%) 0.00 58
2021-05-01 $100,000 (-12.8%) $144,364 (6.6%) 0.00 51
2021-06-01 $101,000 (-12.9%) $140,782 (3.2%) 0.00 81
2021-07-01 $100,000 (-13.5%) $140,927 (1.9%) 0.00 75
2021-08-01 $101,750 (-12.5%) $142,950 (1.1%) 0.00 59
2021-09-01 $102,125 (-11.9%) $144,133 (0.5%) 0.00 64
2021-10-01 $96,500 (-17.0%) $165,057 (10.7%) 0.00 58
2021-11-01 $102,000 (-11.8%) $166,817 (15.6%) 0.00 60
2021-12-01 $94,250 (-18.7%) $165,963 (18.1%) 0.00 70
2022-01-01 $98,500 (-14.8%) $164,018 (1.3%) 0.00 77
2022-02-01 $128,225 (28.4%) $209,816 (28.8%) 0.00 46
2022-03-01 $116,900 (0.0%) $213,076 (43.3%) 0.00 39
2022-04-01 $143,000 (25.0%) $197,833 (43.0%) 0.00 65
2022-05-01 $175,000 (75.0%) $219,417 (52.0%) 0.00 66
2022-06-01 $143,725 (42.3%) $196,338 (39.5%) 0.00 71
2022-07-01 $145,000 (45.0%) $206,521 (46.5%) 0.00 80
2022-08-01 $135,000 (32.7%) $200,554 (40.3%) 0.00 79
2022-09-01 $128,000 (25.3%) $195,955 (36.0%) 0.00 76
2022-10-01 $159,000 (64.8%) $221,171 (34.0%) 0.00 73
2022-11-01 $160,750 (57.6%) $241,501 (44.8%) 0.00 74
2022-12-01 $135,000 (43.2%) $220,266 (32.7%) 0.00 79
2023-01-01 $157,000 (59.4%) $243,084 (48.2%) 0.00 68
2023-02-01 $158,250 (23.4%) $231,061 (10.1%) 0.00 64
2023-03-01 $147,475 (26.2%) $226,211 (6.2%) 0.00 46
2023-04-01 $140,000 (-2.1%) $236,815 (19.7%) 0.00 49
2023-05-01 $137,925 (-21.2%) $191,492 (-12.7%) 0.00 54
2023-06-01 $175,500 (22.1%) $245,474 (25.0%) 0.00 64
2023-07-01 $175,900 (21.3%) $253,099 (22.6%) 0.00 65
2023-08-01 $192,000 (42.2%) $251,106 (25.2%) 0.00 63
2023-09-01 $169,000 (32.0%) $227,629 (16.2%) 0.00 77
2023-10-01 $146,000 (-8.2%) $195,400 (-11.7%) 0.00 78
2023-11-01 $158,700 (-1.3%) $185,305 (-23.3%) 0.00 78
2023-12-01 $181,000 (34.1%) $210,235 (-4.6%) 0.00 75
2024-01-01 $180,950 (15.3%) $222,399 (-8.5%) 0.00 65
2024-02-01 $194,500 (22.9%) $242,471 (4.9%) 0.00 66
Pittsburg's median listing price for 2024-02-01 was $194,500, a difference of $36,250 (22.9%) versus the prior year and $13,550 versus the prior month.

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

Pittsburg's average listing price for 2024-02-01 was $242,471, a difference of $11,410 (4.9%) versus the prior year and $20,072 versus the prior month.

For the 2024-02-01 period, Pittsburg had 66 MLS listings, a difference of 1 listings (2%) versus the prior month and 2 listings (3%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Pittsburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,359 sqft
2018-02-01 0 days 1,404 sqft
2018-03-01 0 days 1,450 sqft
2018-04-01 0 days 1,485 sqft
2018-05-01 0 days 1,521 sqft
2018-06-01 0 days 1,556 sqft
2018-07-01 0 days 1,559 sqft
2018-08-01 0 days 1,513 sqft
2018-09-01 0 days 1,508 sqft
2018-10-01 0 days 1,567 sqft
2018-11-01 0 days 1,564 sqft
2018-12-01 0 days 1,484 sqft
2019-01-01 0 days 1,427 sqft
2019-02-01 0 days 1,416 sqft
2019-03-01 0 days 1,400 sqft
2019-04-01 0 days 1,401 sqft
2019-05-01 0 days 1,440 sqft
2019-06-01 0 days 1,440 sqft
2019-07-01 0 days 1,432 sqft
2019-08-01 0 days 1,417 sqft
2019-09-01 0 days 1,381 sqft
2019-10-01 0 days 1,350 sqft
2019-11-01 0 days 1,344 sqft
2019-12-01 0 days 1,329 sqft
2020-01-01 0 days 1,337 sqft
2020-02-01 0 days 1,420 sqft
2020-03-01 0 days 1,444 sqft
2020-04-01 0 days 1,582 sqft
2020-05-01 0 days 1,554 sqft
2020-06-01 0 days 1,554 sqft
2020-07-01 0 days 1,673 sqft
2020-08-01 0 days 1,674 sqft
2020-09-01 0 days 1,540 sqft
2020-10-01 0 days 1,605 sqft
2020-11-01 0 days 1,494 sqft
2020-12-01 0 days 1,488 sqft
2021-01-01 0 days 1,450 sqft
2021-02-01 0 days 1,453 sqft
2021-03-01 0 days 1,506 sqft
2021-04-01 0 days 1,452 sqft
2021-05-01 0 days 1,456 sqft
2021-06-01 0 days 1,451 sqft
2021-07-01 0 days 1,388 sqft
2021-08-01 0 days 1,418 sqft
2021-09-01 0 days 1,448 sqft
2021-10-01 0 days 1,505 sqft
2021-11-01 0 days 1,448 sqft
2021-12-01 0 days 1,361 sqft
2022-01-01 0 days 1,305 sqft
2022-02-01 0 days 1,448 sqft
2022-03-01 0 days 1,448 sqft
2022-04-01 0 days 1,412 sqft
2022-05-01 0 days 1,452 sqft
2022-06-01 0 days 1,442 sqft
2022-07-01 0 days 1,459 sqft
2022-08-01 0 days 1,442 sqft
2022-09-01 0 days 1,442 sqft
2022-10-01 0 days 1,442 sqft
2022-11-01 0 days 1,442 sqft
2022-12-01 0 days 1,408 sqft
2023-01-01 0 days 1,442 sqft
2023-02-01 0 days 1,442 sqft
2023-03-01 0 days 1,420 sqft
2023-04-01 0 days 1,428 sqft
2023-05-01 0 days 1,414 sqft
2023-06-01 0 days 1,683 sqft
2023-07-01 0 days 1,731 sqft
2023-08-01 0 days 1,604 sqft
2023-09-01 0 days 1,439 sqft
2023-10-01 0 days 1,404 sqft
2023-11-01 0 days 1,413 sqft
2023-12-01 0 days 1,464 sqft
2024-01-01 0 days 1,461 sqft
2024-02-01 0 days 1,537 sqft
Pittsburg's median listing age (time on market) for 2024-02-01 was 0 days.

Pittsburg's median square footage for active listings during the 2024-02-01 period was 1,537 sqft. One year prior, the average listing was 1,442 sqft.