Poplar Bluff USDA Loan Rates, Closing Costs & Stats
Poplar Bluff, MO
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.
Poplar Bluff's 10 lenders originated 78 USDA loans during 2023. The total origination value was $9,870,000, with an average USDA loan value of $126,538.
Poplar Bluff USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Poplar Bluff
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.
Poplar Bluff's average USDA mortgage closing costs are $4,944.
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 6.59%.
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%.
Poplar Bluff 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 Poplar Bluff level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Flanagan State Bank | 33 | 6.53% | $6,375 |
| DAS Acquisition Company, LLC | 29 | 6.98% | $6,254 |
| Southern Bank | 4 | 6.69% | $3,650 |
| PLANET HOME LENDING, LLC | 3 | 6.29% | $5,048 |
| Members Mortgage Services, L.L.C. | 2 | 6.69% | $4,879 |
| FLAT BRANCH MORTGAGE, INC. | 2 | 7.00% | $4,451 |
| GSF Mortgage Corporation | 1 | 6.50% | $4,057 |
| GERSHMAN INVESTMENT CORP. | 1 | 7.25% | $4,083 |
| BROKER SOLUTIONS, INC. | 1 | 5.75% | $11,678 |
| Mortgage Research Center, LLC | 1 | 4.99% | $3,177 |
The top Poplar Bluff USDA lender as defined by loan originations is Flanagan State Bank, with
33 USDA loans originated. Their average total fees are
$6,375, which is $121
higher than the next largest lender,
DAS Acquisition Company, LLC.
The lowest fee Poplar Bluff USDA lenders (with over 10 loans originated) are
DAS Acquisition Company, LLC ($6,254), Flanagan State Bank ($6,375), .
The lowest rate Poplar Bluff USDA lenders (with over 10 loans originated) are
Flanagan State Bank (6.53%), DAS Acquisition Company, LLC (6.98%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Poplar Bluff (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 | $125,725 (17.0%) | $164,225 (12.9%) | 0.00 | 336 |
| 2018-02-01 | $120,950 (14.4%) | $160,091 (11.8%) | 0.00 | 384 |
| 2018-03-01 | $119,900 (20.0%) | $156,748 (12.1%) | 0.00 | 405 |
| 2018-04-01 | $124,900 (25.0%) | $159,309 (14.5%) | 0.00 | 412 |
| 2018-05-01 | $127,500 (25.0%) | $161,896 (21.7%) | 0.00 | 405 |
| 2018-06-01 | $124,900 (10.5%) | $157,963 (10.2%) | 0.00 | 451 |
| 2018-07-01 | $119,850 (2.9%) | $154,717 (5.6%) | 0.00 | 458 |
| 2018-08-01 | $119,900 (0.3%) | $156,702 (4.8%) | 0.00 | 451 |
| 2018-09-01 | $119,900 (0.2%) | $157,529 (4.5%) | 0.00 | 443 |
| 2018-10-01 | $119,900 (-0.5%) | $159,783 (2.8%) | 0.00 | 443 |
| 2018-11-01 | $118,425 (-2.5%) | $161,894 (2.3%) | 0.00 | 431 |
| 2018-12-01 | $118,000 (-8.5%) | $162,070 (-0.7%) | 0.00 | 409 |
| 2019-01-01 | $118,850 (-5.5%) | $160,100 (-2.5%) | 0.00 | 391 |
| 2019-02-01 | $119,400 (-1.3%) | $156,523 (-2.2%) | 0.00 | 400 |
| 2019-03-01 | $119,943 (0.0%) | $155,172 (-1.0%) | 0.00 | 393 |
| 2019-04-01 | $121,450 (-2.8%) | $154,048 (-3.3%) | 0.00 | 371 |
| 2019-05-01 | $122,475 (-3.9%) | $152,770 (-5.6%) | 0.00 | 363 |
| 2019-06-01 | $126,900 (1.6%) | $152,061 (-3.7%) | 0.00 | 370 |
| 2019-07-01 | $121,400 (1.3%) | $150,607 (-2.7%) | 0.00 | 364 |
| 2019-08-01 | $122,655 (2.3%) | $150,608 (-3.9%) | 0.00 | 356 |
| 2019-09-01 | $122,286 (2.0%) | $150,678 (-4.4%) | 0.00 | 343 |
| 2019-10-01 | $123,291 (2.8%) | $150,724 (-5.7%) | 0.00 | 332 |
| 2019-11-01 | $119,950 (1.3%) | $149,816 (-7.5%) | 0.00 | 317 |
| 2019-12-01 | $119,175 (1.0%) | $141,064 (-13.0%) | 0.00 | 301 |
| 2020-01-01 | $119,900 (0.9%) | $142,781 (-10.8%) | 0.00 | 274 |
| 2020-02-01 | $119,900 (0.4%) | $141,207 (-9.8%) | 0.00 | 263 |
| 2020-03-01 | $119,900 (0.0%) | $144,105 (-7.1%) | 0.00 | 269 |
| 2020-04-01 | $119,075 (-2.0%) | $140,463 (-8.8%) | 0.00 | 261 |
| 2020-05-01 | $114,950 (-6.1%) | $143,504 (-6.1%) | 0.00 | 233 |
| 2020-06-01 | $114,300 (-9.9%) | $150,065 (-1.3%) | 0.00 | 225 |
| 2020-07-01 | $119,450 (-1.6%) | $157,393 (4.5%) | 0.00 | 198 |
| 2020-08-01 | $124,950 (1.9%) | $156,834 (4.1%) | 0.00 | 182 |
| 2020-09-01 | $118,700 (-2.9%) | $147,952 (-1.8%) | 0.00 | 188 |
| 2020-10-01 | $106,750 (-13.4%) | $136,588 (-9.4%) | 0.00 | 190 |
| 2020-11-01 | $99,900 (-16.7%) | $134,350 (-10.3%) | 0.00 | 191 |
| 2020-12-01 | $99,900 (-16.2%) | $133,744 (-5.2%) | 0.00 | 188 |
| 2021-01-01 | $99,500 (-17.0%) | $143,266 (0.3%) | 0.00 | 150 |
| 2021-02-01 | $99,900 (-16.7%) | $163,202 (15.6%) | 0.00 | 133 |
| 2021-03-01 | $99,900 (-16.7%) | $175,532 (21.8%) | 0.00 | 127 |
| 2021-04-01 | $108,700 (-8.7%) | $193,865 (38.0%) | 0.00 | 108 |
| 2021-05-01 | $121,200 (5.4%) | $210,910 (47.0%) | 0.00 | 93 |
| 2021-06-01 | $123,700 (8.2%) | $214,494 (42.9%) | 0.00 | 95 |
| 2021-07-01 | $111,000 (-7.1%) | $210,868 (34.0%) | 0.00 | 116 |
| 2021-08-01 | $124,200 (-0.6%) | $197,429 (25.9%) | 0.00 | 124 |
| 2021-09-01 | $132,286 (11.5%) | $193,287 (30.6%) | 0.00 | 126 |
| 2021-10-01 | $124,950 (17.1%) | $201,175 (47.3%) | 0.00 | 122 |
| 2021-11-01 | $132,200 (32.3%) | $189,697 (41.2%) | 0.00 | 138 |
| 2021-12-01 | $134,950 (35.1%) | $189,599 (41.8%) | 0.00 | 142 |
| 2022-01-01 | $129,900 (30.6%) | $180,232 (25.8%) | 0.00 | 136 |
| 2022-02-01 | $131,825 (32.0%) | $187,096 (14.6%) | 0.00 | 109 |
| 2022-03-01 | $135,000 (35.1%) | $189,991 (8.2%) | 0.00 | 94 |
| 2022-04-01 | $145,900 (34.2%) | $193,778 (0.0%) | 0.00 | 84 |
| 2022-05-01 | $157,775 (30.2%) | $198,935 (-5.7%) | 0.00 | 107 |
| 2022-06-01 | $168,175 (36.0%) | $201,151 (-6.2%) | 0.00 | 115 |
| 2022-07-01 | $167,900 (51.3%) | $196,880 (-6.6%) | 0.00 | 130 |
| 2022-08-01 | $166,700 (34.2%) | $206,865 (4.8%) | 0.00 | 138 |
| 2022-09-01 | $169,800 (28.4%) | $225,987 (16.9%) | 0.00 | 153 |
| 2022-10-01 | $169,900 (36.0%) | $216,370 (7.6%) | 0.00 | 158 |
| 2022-11-01 | $172,325 (30.4%) | $222,937 (17.5%) | 0.00 | 154 |
| 2022-12-01 | $172,450 (27.8%) | $217,913 (14.9%) | 0.00 | 145 |
| 2023-01-01 | $179,925 (38.5%) | $243,496 (35.1%) | 0.00 | 133 |
| 2023-02-01 | $177,400 (34.6%) | $237,321 (26.8%) | 0.00 | 116 |
| 2023-03-01 | $174,950 (29.6%) | $247,066 (30.0%) | 0.00 | 120 |
| 2023-04-01 | $179,350 (22.9%) | $249,537 (28.8%) | 0.00 | 116 |
| 2023-05-01 | $177,350 (12.4%) | $258,900 (30.1%) | 0.00 | 125 |
| 2023-06-01 | $169,800 (1.0%) | $251,164 (24.9%) | 0.00 | 140 |
| 2023-07-01 | $169,900 (1.2%) | $260,053 (32.1%) | 0.00 | 159 |
| 2023-08-01 | $169,900 (1.9%) | $254,904 (23.2%) | 0.00 | 153 |
| 2023-09-01 | $168,000 (-1.1%) | $247,208 (9.4%) | 0.00 | 151 |
| 2023-10-01 | $185,475 (9.2%) | $259,271 (19.8%) | 0.00 | 168 |
| 2023-11-01 | $179,950 (4.4%) | $248,585 (11.5%) | 0.00 | 176 |
| 2023-12-01 | $165,000 (-4.3%) | $229,324 (5.2%) | 0.00 | 200 |
| 2024-01-01 | $179,925 (0.0%) | $233,073 (-4.3%) | 0.00 | 196 |
| 2024-02-01 | $189,900 (7.1%) | $243,929 (2.8%) | 0.00 | 190 |
| 2024-03-01 | $189,900 (8.6%) | $244,202 (-1.2%) | 0.00 | 184 |
Poplar Bluff's median listing price comes in at 0% of the national average.
Poplar Bluff's average listing price for 2024-03-01 was $244,202, a difference of $-2,864 (-1.2%) versus the prior year and $273 versus the prior month.
For the 2024-03-01 period, Poplar Bluff had 184 MLS listings, a difference of -6 listings (-3%) versus the prior month and 64 listings (53%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Poplar Bluff (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,697 sqft |
| 2018-02-01 | 0 days | 1,672 sqft |
| 2018-03-01 | 0 days | 1,626 sqft |
| 2018-04-01 | 0 days | 1,646 sqft |
| 2018-05-01 | 0 days | 1,645 sqft |
| 2018-06-01 | 0 days | 1,650 sqft |
| 2018-07-01 | 0 days | 1,652 sqft |
| 2018-08-01 | 0 days | 1,670 sqft |
| 2018-09-01 | 0 days | 1,650 sqft |
| 2018-10-01 | 0 days | 1,629 sqft |
| 2018-11-01 | 0 days | 1,602 sqft |
| 2018-12-01 | 0 days | 1,600 sqft |
| 2019-01-01 | 0 days | 1,599 sqft |
| 2019-02-01 | 0 days | 1,572 sqft |
| 2019-03-01 | 0 days | 1,568 sqft |
| 2019-04-01 | 0 days | 1,568 sqft |
| 2019-05-01 | 0 days | 1,595 sqft |
| 2019-06-01 | 0 days | 1,600 sqft |
| 2019-07-01 | 0 days | 1,600 sqft |
| 2019-08-01 | 0 days | 1,602 sqft |
| 2019-09-01 | 0 days | 1,605 sqft |
| 2019-10-01 | 0 days | 1,608 sqft |
| 2019-11-01 | 0 days | 1,606 sqft |
| 2019-12-01 | 0 days | 1,601 sqft |
| 2020-01-01 | 0 days | 1,608 sqft |
| 2020-02-01 | 0 days | 1,605 sqft |
| 2020-03-01 | 0 days | 1,600 sqft |
| 2020-04-01 | 0 days | 1,582 sqft |
| 2020-05-01 | 0 days | 1,541 sqft |
| 2020-06-01 | 0 days | 1,570 sqft |
| 2020-07-01 | 0 days | 1,632 sqft |
| 2020-08-01 | 0 days | 1,637 sqft |
| 2020-09-01 | 0 days | 1,540 sqft |
| 2020-10-01 | 0 days | 1,560 sqft |
| 2020-11-01 | 0 days | 1,542 sqft |
| 2020-12-01 | 0 days | 1,466 sqft |
| 2021-01-01 | 0 days | 1,433 sqft |
| 2021-02-01 | 0 days | 1,403 sqft |
| 2021-03-01 | 0 days | 1,357 sqft |
| 2021-04-01 | 0 days | 1,385 sqft |
| 2021-05-01 | 0 days | 1,500 sqft |
| 2021-06-01 | 0 days | 1,462 sqft |
| 2021-07-01 | 0 days | 1,380 sqft |
| 2021-08-01 | 0 days | 1,399 sqft |
| 2021-09-01 | 0 days | 1,422 sqft |
| 2021-10-01 | 0 days | 1,400 sqft |
| 2021-11-01 | 0 days | 1,476 sqft |
| 2021-12-01 | 0 days | 1,499 sqft |
| 2022-01-01 | 0 days | 1,421 sqft |
| 2022-02-01 | 0 days | 1,561 sqft |
| 2022-03-01 | 0 days | 1,513 sqft |
| 2022-04-01 | 0 days | 1,556 sqft |
| 2022-05-01 | 0 days | 1,572 sqft |
| 2022-06-01 | 0 days | 1,671 sqft |
| 2022-07-01 | 0 days | 1,650 sqft |
| 2022-08-01 | 0 days | 1,703 sqft |
| 2022-09-01 | 0 days | 1,694 sqft |
| 2022-10-01 | 0 days | 1,648 sqft |
| 2022-11-01 | 0 days | 1,660 sqft |
| 2022-12-01 | 0 days | 1,619 sqft |
| 2023-01-01 | 0 days | 1,584 sqft |
| 2023-02-01 | 0 days | 1,542 sqft |
| 2023-03-01 | 0 days | 1,532 sqft |
| 2023-04-01 | 0 days | 1,571 sqft |
| 2023-05-01 | 0 days | 1,537 sqft |
| 2023-06-01 | 0 days | 1,526 sqft |
| 2023-07-01 | 0 days | 1,523 sqft |
| 2023-08-01 | 0 days | 1,541 sqft |
| 2023-09-01 | 0 days | 1,496 sqft |
| 2023-10-01 | 0 days | 1,676 sqft |
| 2023-11-01 | 0 days | 1,627 sqft |
| 2023-12-01 | 0 days | 1,512 sqft |
| 2024-01-01 | 0 days | 1,549 sqft |
| 2024-02-01 | 0 days | 1,664 sqft |
| 2024-03-01 | 0 days | 1,667 sqft |
Poplar Bluff's median square footage for active listings during the 2024-03-01 period was 1,667 sqft. One year prior, the average listing was 1,532 sqft.