Pocatello USDA Loan Rates, Closing Costs & Stats
POCATELLO, ID
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.
Pocatello's 1 lenders originated 1 USDA loans during 2023. The total origination value was $225,000, with an average USDA loan value of $225,000.
Pocatello USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Pocatello
averaged
6.9%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Pocatello's average USDA mortgage closing costs are $5,953.
The average rate for the prior week (2024-04-12) was
6.66% and
one month ago for the week of 2024-03-15, the
average rate was 6.44%.
The average rate one year ago was 6.18%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.96%.
Pocatello 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 Pocatello level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| GENEVA FINANCIAL, LLC | 1 | 6.88% | $13,811 |
The lowest fee Pocatello USDA lenders (with over 10 loans originated) are
.
The lowest rate Pocatello USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Pocatello (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 | $161,175 (8.0%) | $230,559 (17.2%) | 0.00 | 176 |
| 2018-02-01 | $163,700 (5.8%) | $238,145 (18.5%) | 0.00 | 167 |
| 2018-03-01 | $179,900 (17.5%) | $242,210 (20.0%) | 0.00 | 170 |
| 2018-04-01 | $190,175 (22.8%) | $247,146 (17.8%) | 0.00 | 167 |
| 2018-05-01 | $202,450 (21.1%) | $245,457 (9.3%) | 0.00 | 197 |
| 2018-06-01 | $189,900 (11.8%) | $236,609 (6.5%) | 0.00 | 255 |
| 2018-07-01 | $181,675 (13.6%) | $225,760 (5.1%) | 0.00 | 274 |
| 2018-08-01 | $192,400 (24.4%) | $237,603 (11.2%) | 0.00 | 258 |
| 2018-09-01 | $195,000 (23.8%) | $243,645 (12.1%) | 0.00 | 249 |
| 2018-10-01 | $212,000 (40.5%) | $245,288 (11.7%) | 0.00 | 231 |
| 2018-11-01 | $209,975 (34.3%) | $253,393 (14.9%) | 0.00 | 217 |
| 2018-12-01 | $210,000 (31.5%) | $253,490 (9.9%) | 0.00 | 202 |
| 2019-01-01 | $197,450 (22.5%) | $251,390 (9.0%) | 0.00 | 170 |
| 2019-02-01 | $209,900 (28.2%) | $258,227 (8.4%) | 0.00 | 168 |
| 2019-03-01 | $228,614 (27.1%) | $265,613 (9.7%) | 0.00 | 155 |
| 2019-04-01 | $234,114 (23.1%) | $267,824 (8.4%) | 0.00 | 146 |
| 2019-05-01 | $235,700 (16.4%) | $270,954 (10.4%) | 0.00 | 148 |
| 2019-06-01 | $237,450 (25.0%) | $298,258 (26.1%) | 0.00 | 183 |
| 2019-07-01 | $234,900 (29.3%) | $302,923 (34.2%) | 0.00 | 221 |
| 2019-08-01 | $242,982 (26.3%) | $309,958 (30.5%) | 0.00 | 234 |
| 2019-09-01 | $247,605 (27.0%) | $312,590 (28.3%) | 0.00 | 238 |
| 2019-10-01 | $251,850 (18.8%) | $319,291 (30.2%) | 0.00 | 241 |
| 2019-11-01 | $258,250 (23.0%) | $323,326 (27.6%) | 0.00 | 239 |
| 2019-12-01 | $251,225 (19.6%) | $321,673 (26.9%) | 0.00 | 226 |
| 2020-01-01 | $253,750 (28.5%) | $324,959 (29.3%) | 0.00 | 185 |
| 2020-02-01 | $265,250 (26.4%) | $341,283 (32.2%) | 0.00 | 162 |
| 2020-03-01 | $268,625 (17.5%) | $341,658 (28.6%) | 0.00 | 170 |
| 2020-04-01 | $281,175 (20.1%) | $344,058 (28.5%) | 0.00 | 182 |
| 2020-05-01 | $284,900 (20.9%) | $343,498 (26.8%) | 0.00 | 185 |
| 2020-06-01 | $294,900 (24.2%) | $357,000 (19.7%) | 0.00 | 179 |
| 2020-07-01 | $294,450 (25.4%) | $360,384 (19.0%) | 0.00 | 177 |
| 2020-08-01 | $290,000 (19.4%) | $380,687 (22.8%) | 0.00 | 148 |
| 2020-09-01 | $257,450 (4.0%) | $357,113 (14.2%) | 0.00 | 130 |
| 2020-10-01 | $241,250 (-4.2%) | $384,210 (20.3%) | 0.00 | 112 |
| 2020-11-01 | $253,650 (-1.8%) | $443,106 (37.1%) | 0.00 | 93 |
| 2020-12-01 | $262,475 (4.5%) | $444,989 (38.3%) | 0.00 | 93 |
| 2021-01-01 | $269,000 (6.0%) | $454,903 (40.0%) | 0.00 | 74 |
| 2021-02-01 | $312,825 (17.9%) | $522,257 (53.0%) | 0.00 | 68 |
| 2021-03-01 | $356,225 (32.6%) | $589,658 (72.6%) | 0.00 | 60 |
| 2021-04-01 | $329,475 (17.2%) | $474,399 (37.9%) | 0.00 | 67 |
| 2021-05-01 | $320,000 (12.3%) | $475,227 (38.4%) | 0.00 | 79 |
| 2021-06-01 | $379,900 (28.8%) | $523,206 (46.6%) | 0.00 | 97 |
| 2021-07-01 | $351,450 (19.4%) | $506,293 (40.5%) | 0.00 | 130 |
| 2021-08-01 | $380,500 (31.2%) | $494,766 (30.0%) | 0.00 | 140 |
| 2021-09-01 | $391,950 (52.2%) | $478,983 (34.1%) | 0.00 | 156 |
| 2021-10-01 | $399,250 (65.5%) | $461,819 (20.2%) | 0.00 | 152 |
| 2021-11-01 | $355,975 (40.3%) | $439,896 (-0.7%) | 0.00 | 142 |
| 2021-12-01 | $351,000 (33.7%) | $438,953 (-1.4%) | 0.00 | 111 |
| 2022-01-01 | $364,900 (35.7%) | $462,178 (1.6%) | 0.00 | 75 |
| 2022-02-01 | $416,249 (33.1%) | $582,260 (11.5%) | 0.00 | 54 |
| 2022-03-01 | $442,450 (24.2%) | $588,233 (-0.2%) | 0.00 | 63 |
| 2022-04-01 | $449,900 (36.6%) | $552,066 (16.4%) | 0.00 | 85 |
| 2022-05-01 | $417,500 (30.5%) | $500,637 (5.4%) | 0.00 | 134 |
| 2022-06-01 | $393,250 (3.5%) | $474,373 (-9.3%) | 0.00 | 181 |
| 2022-07-01 | $409,900 (16.6%) | $467,250 (-7.7%) | 0.00 | 234 |
| 2022-08-01 | $401,250 (5.5%) | $460,982 (-6.8%) | 0.00 | 247 |
| 2022-09-01 | $386,225 (-1.5%) | $436,830 (-8.8%) | 0.00 | 281 |
| 2022-10-01 | $385,950 (-3.3%) | $444,250 (-3.8%) | 0.00 | 293 |
| 2022-11-01 | $382,238 (7.4%) | $434,749 (-1.2%) | 0.00 | 269 |
| 2022-12-01 | $379,000 (8.0%) | $433,403 (-1.3%) | 0.00 | 250 |
| 2023-01-01 | $382,500 (4.8%) | $435,045 (-5.9%) | 0.00 | 229 |
| 2023-02-01 | $406,975 (-2.2%) | $457,570 (-21.4%) | 0.00 | 210 |
| 2023-03-01 | $416,425 (-5.9%) | $469,595 (-20.2%) | 0.00 | 190 |
| 2023-04-01 | $425,000 (-5.5%) | $484,797 (-12.2%) | 0.00 | 183 |
| 2023-05-01 | $462,225 (10.7%) | $513,627 (2.6%) | 0.00 | 201 |
| 2023-06-01 | $447,400 (13.8%) | $526,368 (11.0%) | 0.00 | 201 |
| 2023-07-01 | $419,900 (2.4%) | $516,795 (10.6%) | 0.00 | 233 |
| 2023-08-01 | $423,675 (5.6%) | $513,251 (11.3%) | 0.00 | 248 |
| 2023-09-01 | $421,950 (9.3%) | $506,705 (16.0%) | 0.00 | 252 |
| 2023-10-01 | $399,900 (3.6%) | $495,905 (11.6%) | 0.00 | 278 |
| 2023-11-01 | $389,725 (2.0%) | $470,800 (8.3%) | 0.00 | 270 |
| 2023-12-01 | $384,500 (1.5%) | $464,016 (7.1%) | 0.00 | 253 |
| 2024-01-01 | $385,888 (0.9%) | $458,535 (5.4%) | 0.00 | 219 |
| 2024-02-01 | $390,925 (-3.9%) | $472,385 (3.2%) | 0.00 | 206 |
| 2024-03-01 | $399,900 (-4.0%) | $490,417 (4.4%) | 0.00 | 221 |
Pocatello's median listing price comes in at 0% of the national average.
Pocatello's average listing price for 2024-03-01 was $490,417, a difference of $20,822 (4.4%) versus the prior year and $18,032 versus the prior month.
For the 2024-03-01 period, Pocatello had 221 MLS listings, a difference of 15 listings (7%) versus the prior month and 31 listings (16%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Pocatello (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,177 sqft |
| 2018-02-01 | 0 days | 2,207 sqft |
| 2018-03-01 | 0 days | 2,214 sqft |
| 2018-04-01 | 0 days | 2,254 sqft |
| 2018-05-01 | 0 days | 2,298 sqft |
| 2018-06-01 | 0 days | 2,236 sqft |
| 2018-07-01 | 0 days | 2,127 sqft |
| 2018-08-01 | 0 days | 2,261 sqft |
| 2018-09-01 | 0 days | 2,276 sqft |
| 2018-10-01 | 0 days | 2,361 sqft |
| 2018-11-01 | 0 days | 2,426 sqft |
| 2018-12-01 | 0 days | 2,451 sqft |
| 2019-01-01 | 0 days | 2,266 sqft |
| 2019-02-01 | 0 days | 2,395 sqft |
| 2019-03-01 | 0 days | 2,546 sqft |
| 2019-04-01 | 0 days | 2,537 sqft |
| 2019-05-01 | 0 days | 2,570 sqft |
| 2019-06-01 | 0 days | 2,430 sqft |
| 2019-07-01 | 0 days | 2,360 sqft |
| 2019-08-01 | 0 days | 2,340 sqft |
| 2019-09-01 | 0 days | 2,311 sqft |
| 2019-10-01 | 0 days | 2,299 sqft |
| 2019-11-01 | 0 days | 2,296 sqft |
| 2019-12-01 | 0 days | 2,361 sqft |
| 2020-01-01 | 0 days | 2,307 sqft |
| 2020-02-01 | 0 days | 2,258 sqft |
| 2020-03-01 | 0 days | 2,441 sqft |
| 2020-04-01 | 0 days | 2,479 sqft |
| 2020-05-01 | 0 days | 2,500 sqft |
| 2020-06-01 | 0 days | 2,536 sqft |
| 2020-07-01 | 0 days | 2,478 sqft |
| 2020-08-01 | 0 days | 2,352 sqft |
| 2020-09-01 | 0 days | 2,245 sqft |
| 2020-10-01 | 0 days | 2,076 sqft |
| 2020-11-01 | 0 days | 2,198 sqft |
| 2020-12-01 | 0 days | 2,143 sqft |
| 2021-01-01 | 0 days | 2,209 sqft |
| 2021-02-01 | 0 days | 2,485 sqft |
| 2021-03-01 | 0 days | 2,538 sqft |
| 2021-04-01 | 0 days | 2,341 sqft |
| 2021-05-01 | 0 days | 2,252 sqft |
| 2021-06-01 | 0 days | 2,290 sqft |
| 2021-07-01 | 0 days | 2,364 sqft |
| 2021-08-01 | 0 days | 2,529 sqft |
| 2021-09-01 | 0 days | 2,546 sqft |
| 2021-10-01 | 0 days | 2,352 sqft |
| 2021-11-01 | 0 days | 2,256 sqft |
| 2021-12-01 | 0 days | 2,255 sqft |
| 2022-01-01 | 0 days | 2,200 sqft |
| 2022-02-01 | 0 days | 2,727 sqft |
| 2022-03-01 | 0 days | 2,728 sqft |
| 2022-04-01 | 0 days | 2,792 sqft |
| 2022-05-01 | 0 days | 2,320 sqft |
| 2022-06-01 | 0 days | 2,260 sqft |
| 2022-07-01 | 0 days | 2,287 sqft |
| 2022-08-01 | 0 days | 2,254 sqft |
| 2022-09-01 | 0 days | 2,188 sqft |
| 2022-10-01 | 0 days | 2,280 sqft |
| 2022-11-01 | 0 days | 2,296 sqft |
| 2022-12-01 | 0 days | 2,282 sqft |
| 2023-01-01 | 0 days | 2,292 sqft |
| 2023-02-01 | 0 days | 2,506 sqft |
| 2023-03-01 | 0 days | 2,512 sqft |
| 2023-04-01 | 0 days | 2,662 sqft |
| 2023-05-01 | 0 days | 2,625 sqft |
| 2023-06-01 | 0 days | 2,641 sqft |
| 2023-07-01 | 0 days | 2,518 sqft |
| 2023-08-01 | 0 days | 2,522 sqft |
| 2023-09-01 | 0 days | 2,493 sqft |
| 2023-10-01 | 0 days | 2,324 sqft |
| 2023-11-01 | 0 days | 2,207 sqft |
| 2023-12-01 | 0 days | 2,165 sqft |
| 2024-01-01 | 0 days | 2,175 sqft |
| 2024-02-01 | 0 days | 2,305 sqft |
| 2024-03-01 | 0 days | 2,298 sqft |
Pocatello's median square footage for active listings during the 2024-03-01 period was 2,298 sqft. One year prior, the average listing was 2,512 sqft.