Platteville USDA Loan Rates, Closing Costs & Stats
Platteville, WI
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.
Platteville's 4 lenders originated 5 USDA loans during 2023. The total origination value was $705,000, with an average USDA loan value of $141,000.
Platteville USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Platteville
averaged
6.86%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Platteville's average USDA mortgage closing costs are $4,026.
The average rate for the prior week (2024-04-12) was
6.61% and
one month ago for the week of 2024-03-15, the
average rate was 6.19%.
The average rate one year ago was 6.33%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.86%.
Platteville 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 Platteville level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| DAS Acquisition Company, LLC | 2 | 7.13% | $6,103 |
| GUILD MORTGAGE COMPANY | 1 | 7.00% | $5,511 |
| Nations Lending Corporation | 1 | 7.75% | $2,632 |
| NATIONS RELIABLE LENDING, LLC | 1 | 6.63% | $3,076 |
The top Platteville USDA lender as defined by loan originations is DAS Acquisition Company, LLC, with
2 USDA loans originated. Their average total fees are
$6,103, which is $592
higher than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee Platteville USDA lenders (with over 10 loans originated) are
.
The lowest rate Platteville USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Platteville (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 | $148,225 (7.1%) | $200,343 (0.5%) | 0.00 | 119 |
| 2018-02-01 | $148,000 (6.1%) | $197,951 (2.2%) | 0.00 | 122 |
| 2018-03-01 | $169,450 (21.9%) | $212,965 (6.2%) | 0.00 | 138 |
| 2018-04-01 | $161,325 (15.3%) | $203,342 (-1.4%) | 0.00 | 129 |
| 2018-05-01 | $169,650 (21.7%) | $205,407 (2.6%) | 0.00 | 140 |
| 2018-06-01 | $172,400 (23.2%) | $213,267 (8.9%) | 0.00 | 148 |
| 2018-07-01 | $169,900 (13.3%) | $224,073 (13.1%) | 0.00 | 173 |
| 2018-08-01 | $165,225 (9.1%) | $225,870 (7.1%) | 0.00 | 173 |
| 2018-09-01 | $169,900 (19.3%) | $236,109 (13.5%) | 0.00 | 173 |
| 2018-10-01 | $164,588 (13.8%) | $239,514 (20.3%) | 0.00 | 154 |
| 2018-11-01 | $153,800 (6.1%) | $235,499 (22.2%) | 0.00 | 144 |
| 2018-12-01 | $157,000 (4.7%) | $236,433 (15.7%) | 0.00 | 131 |
| 2019-01-01 | $156,825 (5.8%) | $228,097 (13.9%) | 0.00 | 133 |
| 2019-02-01 | $149,975 (1.3%) | $233,375 (17.9%) | 0.00 | 122 |
| 2019-03-01 | $147,786 (-12.8%) | $239,489 (12.5%) | 0.00 | 119 |
| 2019-04-01 | $145,261 (-10.0%) | $252,238 (24.1%) | 0.00 | 120 |
| 2019-05-01 | $149,900 (-11.6%) | $248,786 (21.1%) | 0.00 | 148 |
| 2019-06-01 | $144,900 (-16.0%) | $237,935 (11.6%) | 0.00 | 163 |
| 2019-07-01 | $162,450 (-4.4%) | $244,526 (9.1%) | 0.00 | 173 |
| 2019-08-01 | $161,336 (-2.4%) | $253,832 (12.4%) | 0.00 | 168 |
| 2019-09-01 | $163,341 (-3.9%) | $261,256 (10.7%) | 0.00 | 166 |
| 2019-10-01 | $164,477 (-0.1%) | $268,548 (12.1%) | 0.00 | 161 |
| 2019-11-01 | $159,900 (4.0%) | $273,470 (16.1%) | 0.00 | 142 |
| 2019-12-01 | $155,733 (-0.8%) | $271,564 (14.9%) | 0.00 | 133 |
| 2020-01-01 | $154,300 (-1.6%) | $268,562 (17.7%) | 0.00 | 120 |
| 2020-02-01 | $167,950 (12.0%) | $314,866 (34.9%) | 0.00 | 110 |
| 2020-03-01 | $189,350 (28.1%) | $336,813 (40.6%) | 0.00 | 111 |
| 2020-04-01 | $178,400 (22.8%) | $321,887 (27.6%) | 0.00 | 104 |
| 2020-05-01 | $159,900 (6.7%) | $310,445 (24.8%) | 0.00 | 112 |
| 2020-06-01 | $156,475 (8.0%) | $287,129 (20.7%) | 0.00 | 110 |
| 2020-07-01 | $156,663 (-3.6%) | $284,108 (16.2%) | 0.00 | 110 |
| 2020-08-01 | $152,900 (-5.2%) | $296,214 (16.7%) | 0.00 | 103 |
| 2020-09-01 | $158,425 (-3.0%) | $289,335 (10.8%) | 0.00 | 96 |
| 2020-10-01 | $159,900 (-2.8%) | $264,311 (-1.6%) | 0.00 | 81 |
| 2020-11-01 | $172,750 (8.0%) | $281,060 (2.8%) | 0.00 | 75 |
| 2020-12-01 | $158,950 (2.1%) | $255,306 (-6.0%) | 0.00 | 77 |
| 2021-01-01 | $164,950 (6.9%) | $240,947 (-10.3%) | 0.00 | 70 |
| 2021-02-01 | $154,900 (-7.8%) | $231,128 (-26.6%) | 0.00 | 59 |
| 2021-03-01 | $152,475 (-19.5%) | $260,006 (-22.8%) | 0.00 | 47 |
| 2021-04-01 | $158,699 (-11.0%) | $237,271 (-26.3%) | 0.00 | 40 |
| 2021-05-01 | $159,900 (0.0%) | $230,513 (-25.8%) | 0.00 | 41 |
| 2021-06-01 | $169,700 (8.5%) | $221,655 (-22.8%) | 0.00 | 50 |
| 2021-07-01 | $174,450 (11.4%) | $244,624 (-13.9%) | 0.00 | 66 |
| 2021-08-01 | $173,475 (13.5%) | $222,774 (-24.8%) | 0.00 | 75 |
| 2021-09-01 | $159,975 (1.0%) | $233,166 (-19.4%) | 0.00 | 79 |
| 2021-10-01 | $188,450 (17.9%) | $304,371 (15.2%) | 0.00 | 78 |
| 2021-11-01 | $191,000 (10.6%) | $272,053 (-3.2%) | 0.00 | 69 |
| 2021-12-01 | $182,800 (15.0%) | $271,094 (6.2%) | 0.00 | 58 |
| 2022-01-01 | $189,900 (15.1%) | $265,586 (10.2%) | 0.00 | 48 |
| 2022-02-01 | $184,925 (19.4%) | $252,635 (9.3%) | 0.00 | 49 |
| 2022-03-01 | $183,200 (20.2%) | $264,590 (1.8%) | 0.00 | 44 |
| 2022-04-01 | $197,500 (24.5%) | $283,045 (19.3%) | 0.00 | 46 |
| 2022-05-01 | $238,225 (49.0%) | $302,484 (31.2%) | 0.00 | 53 |
| 2022-06-01 | $222,500 (31.1%) | $284,550 (28.4%) | 0.00 | 50 |
| 2022-07-01 | $254,450 (45.9%) | $303,263 (24.0%) | 0.00 | 60 |
| 2022-08-01 | $259,900 (49.8%) | $314,205 (41.0%) | 0.00 | 71 |
| 2022-09-01 | $259,900 (62.5%) | $328,052 (40.7%) | 0.00 | 72 |
| 2022-10-01 | $264,450 (40.3%) | $315,300 (3.6%) | 0.00 | 70 |
| 2022-11-01 | $275,975 (44.5%) | $320,501 (17.8%) | 0.00 | 67 |
| 2022-12-01 | $244,950 (34.0%) | $319,186 (17.7%) | 0.00 | 66 |
| 2023-01-01 | $259,450 (36.6%) | $313,522 (18.1%) | 0.00 | 58 |
| 2023-02-01 | $242,475 (31.1%) | $306,697 (21.4%) | 0.00 | 52 |
| 2023-03-01 | $253,725 (38.5%) | $312,897 (18.3%) | 0.00 | 59 |
| 2023-04-01 | $285,000 (44.3%) | $325,784 (15.1%) | 0.00 | 61 |
| 2023-05-01 | $258,450 (8.5%) | $318,312 (5.2%) | 0.00 | 71 |
| 2023-06-01 | $272,750 (22.6%) | $339,256 (19.2%) | 0.00 | 83 |
| 2023-07-01 | $249,900 (-1.8%) | $314,691 (3.8%) | 0.00 | 77 |
| 2023-08-01 | $249,950 (-3.8%) | $298,820 (-4.9%) | 0.00 | 70 |
| 2023-09-01 | $239,000 (-8.0%) | $304,901 (-7.1%) | 0.00 | 65 |
| 2023-10-01 | $264,900 (0.2%) | $329,495 (4.5%) | 0.00 | 67 |
| 2023-11-01 | $242,400 (-12.2%) | $339,379 (5.9%) | 0.00 | 73 |
| 2023-12-01 | $264,900 (8.1%) | $345,634 (8.3%) | 0.00 | 69 |
| 2024-01-01 | $262,400 (1.1%) | $359,938 (14.8%) | 0.00 | 64 |
| 2024-02-01 | $284,450 (17.3%) | $394,233 (28.5%) | 0.00 | 55 |
| 2024-03-01 | $292,000 (15.1%) | $384,434 (22.9%) | 0.00 | 61 |
Platteville's median listing price comes in at 0% of the national average.
Platteville's average listing price for 2024-03-01 was $384,434, a difference of $71,537 (22.9%) versus the prior year and $-9,799 versus the prior month.
For the 2024-03-01 period, Platteville had 61 MLS listings, a difference of 6 listings (11%) versus the prior month and 2 listings (3%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Platteville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,701 sqft |
| 2018-02-01 | 0 days | 1,658 sqft |
| 2018-03-01 | 0 days | 1,748 sqft |
| 2018-04-01 | 0 days | 1,731 sqft |
| 2018-05-01 | 0 days | 1,743 sqft |
| 2018-06-01 | 0 days | 1,744 sqft |
| 2018-07-01 | 0 days | 1,778 sqft |
| 2018-08-01 | 0 days | 1,855 sqft |
| 2018-09-01 | 0 days | 1,800 sqft |
| 2018-10-01 | 0 days | 1,784 sqft |
| 2018-11-01 | 0 days | 1,769 sqft |
| 2018-12-01 | 0 days | 1,845 sqft |
| 2019-01-01 | 0 days | 1,795 sqft |
| 2019-02-01 | 0 days | 1,785 sqft |
| 2019-03-01 | 0 days | 1,815 sqft |
| 2019-04-01 | 0 days | 1,836 sqft |
| 2019-05-01 | 0 days | 1,810 sqft |
| 2019-06-01 | 0 days | 1,800 sqft |
| 2019-07-01 | 0 days | 1,919 sqft |
| 2019-08-01 | 0 days | 1,929 sqft |
| 2019-09-01 | 0 days | 1,928 sqft |
| 2019-10-01 | 0 days | 1,928 sqft |
| 2019-11-01 | 0 days | 1,813 sqft |
| 2019-12-01 | 0 days | 1,774 sqft |
| 2020-01-01 | 0 days | 1,777 sqft |
| 2020-02-01 | 0 days | 1,840 sqft |
| 2020-03-01 | 0 days | 1,892 sqft |
| 2020-04-01 | 0 days | 1,925 sqft |
| 2020-05-01 | 0 days | 1,690 sqft |
| 2020-06-01 | 0 days | 1,712 sqft |
| 2020-07-01 | 0 days | 1,766 sqft |
| 2020-08-01 | 0 days | 1,784 sqft |
| 2020-09-01 | 0 days | 1,831 sqft |
| 2020-10-01 | 0 days | 1,874 sqft |
| 2020-11-01 | 0 days | 1,876 sqft |
| 2020-12-01 | 0 days | 1,834 sqft |
| 2021-01-01 | 0 days | 1,680 sqft |
| 2021-02-01 | 0 days | 1,690 sqft |
| 2021-03-01 | 0 days | 1,657 sqft |
| 2021-04-01 | 0 days | 1,633 sqft |
| 2021-05-01 | 0 days | 1,559 sqft |
| 2021-06-01 | 0 days | 1,556 sqft |
| 2021-07-01 | 0 days | 1,735 sqft |
| 2021-08-01 | 0 days | 1,644 sqft |
| 2021-09-01 | 0 days | 1,643 sqft |
| 2021-10-01 | 0 days | 1,712 sqft |
| 2021-11-01 | 0 days | 1,759 sqft |
| 2021-12-01 | 0 days | 1,696 sqft |
| 2022-01-01 | 0 days | 1,712 sqft |
| 2022-02-01 | 0 days | 1,647 sqft |
| 2022-03-01 | 0 days | 1,685 sqft |
| 2022-04-01 | 0 days | 1,676 sqft |
| 2022-05-01 | 0 days | 1,766 sqft |
| 2022-06-01 | 0 days | 1,797 sqft |
| 2022-07-01 | 0 days | 1,865 sqft |
| 2022-08-01 | 0 days | 1,893 sqft |
| 2022-09-01 | 0 days | 1,863 sqft |
| 2022-10-01 | 0 days | 1,856 sqft |
| 2022-11-01 | 0 days | 1,879 sqft |
| 2022-12-01 | 0 days | 1,767 sqft |
| 2023-01-01 | 0 days | 1,723 sqft |
| 2023-02-01 | 0 days | 1,650 sqft |
| 2023-03-01 | 0 days | 1,761 sqft |
| 2023-04-01 | 0 days | 1,804 sqft |
| 2023-05-01 | 0 days | 1,899 sqft |
| 2023-06-01 | 0 days | 1,907 sqft |
| 2023-07-01 | 0 days | 1,796 sqft |
| 2023-08-01 | 0 days | 1,869 sqft |
| 2023-09-01 | 0 days | 1,784 sqft |
| 2023-10-01 | 0 days | 1,801 sqft |
| 2023-11-01 | 0 days | 1,792 sqft |
| 2023-12-01 | 0 days | 1,784 sqft |
| 2024-01-01 | 0 days | 1,784 sqft |
| 2024-02-01 | 0 days | 1,943 sqft |
| 2024-03-01 | 0 days | 1,848 sqft |
Platteville's median square footage for active listings during the 2024-03-01 period was 1,848 sqft. One year prior, the average listing was 1,761 sqft.