Rexburg USDA Loan Rates, Closing Costs & Stats
Rexburg, 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.
Rexburg's 4 lenders originated 6 USDA loans during 2023. The total origination value was $1,760,000, with an average USDA loan value of $293,333.
Rexburg USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Rexburg
averaged
-0.21%
for the week of 2024-11-29, compared to the national average (all USDA variants) of
0% for the same period.
Rexburg's average USDA mortgage closing costs are $7,208.
The average rate for the prior week (2024-11-22) was
6.29% and
one month ago for the week of 2024-10-25, the
average rate was 6.39%.
The average rate one year ago was 6.9%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0.1%.
Rexburg 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 Rexburg level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
BEEHIVE | 2 | 5.63% | $8,207 |
CANOPY MORTGAGE, LLC | 2 | 5.99% | $9,522 |
Century Mortgage Company DBA Century Lending Company | 1 | 6.63% | $17,959 |
FIRST COLONY MORTGAGE CORPORATION | 1 | 6.38% | $3,081 |
The top Rexburg USDA lender as defined by loan originations is BEEHIVE, with
2 USDA loans originated. Their average total fees are
$8,207, which is $1,315
lower than the next largest lender,
CANOPY MORTGAGE, LLC.
The lowest fee Rexburg USDA lenders (with over 10 loans originated) are
.
The lowest rate Rexburg USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Rexburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $286,950 (13.4%) | $461,584 (9.9%) | 0.00 | 105 |
2018-02-01 | $284,450 (12.9%) | $453,648 (4.1%) | 0.00 | 98 |
2018-03-01 | $277,450 (9.3%) | $449,344 (-3.3%) | 0.00 | 100 |
2018-04-01 | $280,900 (4.0%) | $429,479 (-6.9%) | 0.00 | 102 |
2018-05-01 | $296,725 (7.6%) | $417,236 (3.4%) | 0.00 | 118 |
2018-06-01 | $279,900 (1.4%) | $374,401 (-3.4%) | 0.00 | 140 |
2018-07-01 | $298,175 (10.5%) | $379,501 (-8.6%) | 0.00 | 155 |
2018-08-01 | $319,200 (22.8%) | $409,963 (-2.4%) | 0.00 | 154 |
2018-09-01 | $315,400 (14.7%) | $419,851 (-4.7%) | 0.00 | 156 |
2018-10-01 | $315,400 (12.7%) | $418,085 (-7.3%) | 0.00 | 137 |
2018-11-01 | $308,675 (10.3%) | $408,991 (-13.8%) | 0.00 | 128 |
2018-12-01 | $325,900 (12.4%) | $435,768 (-14.4%) | 0.00 | 116 |
2019-01-01 | $313,175 (9.1%) | $417,447 (-9.6%) | 0.00 | 110 |
2019-02-01 | $299,900 (5.4%) | $384,026 (-15.4%) | 0.00 | 103 |
2019-03-01 | $299,900 (8.1%) | $424,566 (-5.5%) | 0.00 | 104 |
2019-04-01 | $299,900 (6.8%) | $485,028 (12.9%) | 0.00 | 109 |
2019-05-01 | $325,725 (9.8%) | $465,569 (11.6%) | 0.00 | 148 |
2019-06-01 | $334,900 (19.7%) | $501,212 (33.9%) | 0.00 | 147 |
2019-07-01 | $338,500 (13.5%) | $509,090 (34.2%) | 0.00 | 162 |
2019-08-01 | $334,964 (4.9%) | $505,971 (23.4%) | 0.00 | 157 |
2019-09-01 | $323,734 (2.6%) | $490,542 (16.8%) | 0.00 | 143 |
2019-10-01 | $323,473 (2.6%) | $485,346 (16.1%) | 0.00 | 133 |
2019-11-01 | $329,000 (6.6%) | $502,971 (23.0%) | 0.00 | 121 |
2019-12-01 | $332,500 (2.0%) | $520,907 (19.5%) | 0.00 | 101 |
2020-01-01 | $329,925 (5.4%) | $573,541 (37.4%) | 0.00 | 83 |
2020-02-01 | $329,950 (10.0%) | $535,533 (39.5%) | 0.00 | 78 |
2020-03-01 | $317,400 (5.8%) | $483,075 (13.8%) | 0.00 | 88 |
2020-04-01 | $308,400 (2.8%) | $473,405 (-2.4%) | 0.00 | 103 |
2020-05-01 | $338,500 (3.9%) | $481,741 (3.5%) | 0.00 | 111 |
2020-06-01 | $345,000 (3.0%) | $539,983 (7.7%) | 0.00 | 110 |
2020-07-01 | $349,000 (3.1%) | $604,233 (18.7%) | 0.00 | 96 |
2020-08-01 | $380,000 (13.5%) | $635,302 (25.6%) | 0.00 | 76 |
2020-09-01 | $475,250 (46.8%) | $582,594 (18.8%) | 0.00 | 67 |
2020-10-01 | $450,000 (39.1%) | $612,619 (26.2%) | 0.00 | 66 |
2020-11-01 | $429,450 (30.5%) | $570,726 (13.5%) | 0.00 | 54 |
2020-12-01 | $427,200 (28.5%) | $589,271 (13.1%) | 0.00 | 48 |
2021-01-01 | $482,450 (46.2%) | $761,318 (32.7%) | 0.00 | 38 |
2021-02-01 | $520,725 (57.8%) | $850,081 (58.7%) | 0.00 | 36 |
2021-03-01 | $630,250 (98.6%) | $916,317 (89.7%) | 0.00 | 42 |
2021-04-01 | $612,125 (98.5%) | $871,359 (84.1%) | 0.00 | 58 |
2021-05-01 | $585,000 (72.8%) | $815,576 (69.3%) | 0.00 | 66 |
2021-06-01 | $583,375 (69.1%) | $816,231 (51.2%) | 0.00 | 89 |
2021-07-01 | $607,000 (73.9%) | $820,076 (35.7%) | 0.00 | 107 |
2021-08-01 | $607,225 (59.8%) | $823,167 (29.6%) | 0.00 | 105 |
2021-09-01 | $630,750 (32.7%) | $846,214 (45.3%) | 0.00 | 116 |
2021-10-01 | $649,000 (44.2%) | $893,882 (45.9%) | 0.00 | 93 |
2021-11-01 | $695,000 (61.8%) | $913,698 (60.1%) | 0.00 | 65 |
2021-12-01 | $670,725 (57.0%) | $900,040 (52.7%) | 0.00 | 49 |
2022-01-01 | $660,000 (36.8%) | $925,029 (21.5%) | 0.00 | 41 |
2022-02-01 | $555,000 (6.6%) | $794,005 (-6.6%) | 0.00 | 42 |
2022-03-01 | $608,000 (-3.5%) | $853,116 (-6.9%) | 0.00 | 44 |
2022-04-01 | $518,450 (-15.3%) | $775,798 (-11.0%) | 0.00 | 76 |
2022-05-01 | $502,675 (-14.1%) | $823,636 (1.0%) | 0.00 | 103 |
2022-06-01 | $491,725 (-15.7%) | $773,691 (-5.2%) | 0.00 | 137 |
2022-07-01 | $499,000 (-17.8%) | $729,127 (-11.1%) | 0.00 | 168 |
2022-08-01 | $523,294 (-13.8%) | $723,282 (-12.1%) | 0.00 | 187 |
2022-09-01 | $554,925 (-12.0%) | $711,080 (-16.0%) | 0.00 | 183 |
2022-10-01 | $550,000 (-15.3%) | $718,077 (-19.7%) | 0.00 | 178 |
2022-11-01 | $549,450 (-20.9%) | $704,893 (-22.9%) | 0.00 | 162 |
2022-12-01 | $510,000 (-24.0%) | $652,656 (-27.5%) | 0.00 | 143 |
2023-01-01 | $494,250 (-25.1%) | $676,397 (-26.9%) | 0.00 | 120 |
2023-02-01 | $504,475 (-9.1%) | $770,673 (-2.9%) | 0.00 | 112 |
2023-03-01 | $499,225 (-17.9%) | $781,944 (-8.3%) | 0.00 | 120 |
2023-04-01 | $499,450 (-3.7%) | $778,963 (0.4%) | 0.00 | 124 |
2023-05-01 | $528,450 (5.1%) | $729,549 (-11.4%) | 0.00 | 133 |
2023-06-01 | $549,500 (11.8%) | $712,029 (-8.0%) | 0.00 | 164 |
2023-07-01 | $550,000 (10.2%) | $692,272 (-5.1%) | 0.00 | 193 |
2023-08-01 | $551,250 (5.3%) | $755,595 (4.5%) | 0.00 | 199 |
2023-09-01 | $539,950 (-2.7%) | $762,067 (7.2%) | 0.00 | 200 |
2023-10-01 | $529,950 (-3.7%) | $778,136 (8.4%) | 0.00 | 200 |
2023-11-01 | $519,225 (-5.5%) | $752,672 (6.8%) | 0.00 | 190 |
2023-12-01 | $499,900 (-2.0%) | $753,047 (15.4%) | 0.00 | 172 |
2024-01-01 | $499,900 (1.1%) | $767,587 (13.5%) | 0.00 | 137 |
2024-02-01 | $502,450 (-0.4%) | $769,286 (-0.2%) | 0.00 | 135 |
2024-03-01 | $515,450 (3.3%) | $824,215 (5.4%) | 0.00 | 142 |
2024-04-01 | $521,000 (4.3%) | $797,403 (2.4%) | 0.00 | 165 |
2024-05-01 | $514,950 (-2.6%) | $777,159 (6.5%) | 0.00 | 201 |
2024-06-01 | $514,000 (-6.5%) | $808,843 (13.6%) | 0.00 | 247 |
2024-07-01 | $523,425 (-4.8%) | $786,676 (13.6%) | 0.00 | 278 |
2024-08-01 | $512,000 (-7.1%) | $770,154 (1.9%) | 0.00 | 274 |
2024-09-01 | $520,200 (-3.7%) | $802,397 (5.3%) | 0.00 | 260 |
2024-10-01 | $555,000 (4.7%) | $828,537 (6.5%) | 0.00 | 241 |
Rexburg's median listing price comes in at 0% of the national average.
Rexburg's average listing price for 2024-10-01 was $828,537, a difference of $50,401 (6.5%) versus the prior year and $26,140 versus the prior month.
For the 2024-10-01 period, Rexburg had 241 MLS listings, a difference of -19 listings (-7%) versus the prior month and 41 listings (21%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Rexburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,452 sqft |
2018-02-01 | 0 days | 2,488 sqft |
2018-03-01 | 0 days | 2,588 sqft |
2018-04-01 | 0 days | 2,588 sqft |
2018-05-01 | 0 days | 2,594 sqft |
2018-06-01 | 0 days | 2,436 sqft |
2018-07-01 | 0 days | 2,444 sqft |
2018-08-01 | 0 days | 2,472 sqft |
2018-09-01 | 0 days | 2,453 sqft |
2018-10-01 | 0 days | 2,435 sqft |
2018-11-01 | 0 days | 2,489 sqft |
2018-12-01 | 0 days | 2,521 sqft |
2019-01-01 | 0 days | 2,536 sqft |
2019-02-01 | 0 days | 2,496 sqft |
2019-03-01 | 0 days | 2,469 sqft |
2019-04-01 | 0 days | 2,375 sqft |
2019-05-01 | 0 days | 2,348 sqft |
2019-06-01 | 0 days | 2,420 sqft |
2019-07-01 | 0 days | 2,400 sqft |
2019-08-01 | 0 days | 2,553 sqft |
2019-09-01 | 0 days | 2,549 sqft |
2019-10-01 | 0 days | 2,545 sqft |
2019-11-01 | 0 days | 2,552 sqft |
2019-12-01 | 0 days | 2,525 sqft |
2020-01-01 | 0 days | 2,525 sqft |
2020-02-01 | 0 days | 2,346 sqft |
2020-03-01 | 0 days | 2,325 sqft |
2020-04-01 | 0 days | 2,028 sqft |
2020-05-01 | 0 days | 2,176 sqft |
2020-06-01 | 0 days | 2,379 sqft |
2020-07-01 | 0 days | 2,519 sqft |
2020-08-01 | 0 days | 2,756 sqft |
2020-09-01 | 0 days | 2,767 sqft |
2020-10-01 | 0 days | 2,779 sqft |
2020-11-01 | 0 days | 2,574 sqft |
2020-12-01 | 0 days | 2,240 sqft |
2021-01-01 | 0 days | 2,208 sqft |
2021-02-01 | 0 days | 2,321 sqft |
2021-03-01 | 0 days | 2,473 sqft |
2021-04-01 | 0 days | 2,187 sqft |
2021-05-01 | 0 days | 2,259 sqft |
2021-06-01 | 0 days | 2,394 sqft |
2021-07-01 | 0 days | 2,638 sqft |
2021-08-01 | 0 days | 2,661 sqft |
2021-09-01 | 0 days | 2,539 sqft |
2021-10-01 | 0 days | 2,296 sqft |
2021-11-01 | 0 days | 2,413 sqft |
2021-12-01 | 0 days | 2,523 sqft |
2022-01-01 | 0 days | 2,399 sqft |
2022-02-01 | 0 days | 2,189 sqft |
2022-03-01 | 0 days | 2,202 sqft |
2022-04-01 | 0 days | 2,200 sqft |
2022-05-01 | 0 days | 2,118 sqft |
2022-06-01 | 0 days | 2,098 sqft |
2022-07-01 | 0 days | 2,215 sqft |
2022-08-01 | 0 days | 2,231 sqft |
2022-09-01 | 0 days | 2,267 sqft |
2022-10-01 | 0 days | 2,336 sqft |
2022-11-01 | 0 days | 2,418 sqft |
2022-12-01 | 0 days | 2,293 sqft |
2023-01-01 | 0 days | 2,220 sqft |
2023-02-01 | 0 days | 2,115 sqft |
2023-03-01 | 0 days | 2,247 sqft |
2023-04-01 | 0 days | 2,204 sqft |
2023-05-01 | 0 days | 2,187 sqft |
2023-06-01 | 0 days | 2,078 sqft |
2023-07-01 | 0 days | 2,020 sqft |
2023-08-01 | 0 days | 2,070 sqft |
2023-09-01 | 0 days | 2,065 sqft |
2023-10-01 | 0 days | 2,105 sqft |
2023-11-01 | 0 days | 2,098 sqft |
2023-12-01 | 0 days | 2,084 sqft |
2024-01-01 | 0 days | 2,152 sqft |
2024-02-01 | 0 days | 2,119 sqft |
2024-03-01 | 0 days | 2,224 sqft |
2024-04-01 | 0 days | 2,237 sqft |
2024-05-01 | 0 days | 2,254 sqft |
2024-06-01 | 0 days | 2,124 sqft |
2024-07-01 | 0 days | 2,155 sqft |
2024-08-01 | 0 days | 2,100 sqft |
2024-09-01 | 0 days | 2,130 sqft |
2024-10-01 | 0 days | 2,181 sqft |
Rexburg's median square footage for active listings during the 2024-10-01 period was 2,181 sqft. One year prior, the average listing was 2,105 sqft.