Riverton USDA Loan Rates, Closing Costs & Stats

Riverton, WY

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    • 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.

    Riverton's 4 lenders originated 14 USDA loans during 2023. The total origination value was $2,940,000, with an average USDA loan value of $210,000.

    Riverton USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Riverton averaged 7.09% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Riverton's average USDA mortgage closing costs are $5,229.

    The average rate for the prior week (2024-04-12) was 6.94% and one month ago for the week of 2024-03-15, the average rate was 6.83%.

    The average rate one year ago was 6.56%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.96%.

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

    Riverton 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 Riverton level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GUARANTEED RATE, INC. 2 5.44% $6,792
    GUILD MORTGAGE COMPANY 1 5.75% $5,657
    Mortgage Research Center, LLC 1 7.50% $3,512
    Wallick & Volk, Inc. 1 6.13% $9,769

    The top Riverton USDA lender as defined by loan originations is GUARANTEED RATE, INC., with 2 USDA loans originated. Their average total fees are $6,792, which is $1,135 higher than the next largest lender, GUILD MORTGAGE COMPANY.

    The lowest fee Riverton USDA lenders (with over 10 loans originated) are .

    The lowest rate Riverton USDA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Riverton (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 $245,000 (23.2%) $307,341 (12.0%) 0.00 297
    2018-02-01 $235,000 (18.0%) $300,481 (6.7%) 0.00 305
    2018-03-01 $229,000 (15.1%) $294,495 (3.7%) 0.00 313
    2018-04-01 $229,000 (11.7%) $285,971 (-1.2%) 0.00 320
    2018-05-01 $239,000 (9.9%) $288,545 (0.0%) 0.00 320
    2018-06-01 $242,500 (9.9%) $298,227 (1.7%) 0.00 320
    2018-07-01 $244,875 (9.7%) $301,117 (1.4%) 0.00 319
    2018-08-01 $236,000 (4.2%) $302,713 (2.3%) 0.00 313
    2018-09-01 $230,000 (2.2%) $300,703 (1.9%) 0.00 308
    2018-10-01 $229,900 (1.1%) $293,254 (-2.2%) 0.00 300
    2018-11-01 $229,950 (-2.2%) $302,970 (2.3%) 0.00 291
    2018-12-01 $235,000 (2.6%) $307,478 (6.5%) 0.00 275
    2019-01-01 $229,925 (-6.2%) $299,137 (-2.7%) 0.00 266
    2019-02-01 $217,000 (-7.7%) $288,384 (-4.0%) 0.00 273
    2019-03-01 $221,000 (-3.5%) $288,040 (-2.2%) 0.00 261
    2019-04-01 $229,000 (0.0%) $286,051 (0.0%) 0.00 266
    2019-05-01 $229,000 (-4.2%) $279,633 (-3.1%) 0.00 296
    2019-06-01 $229,000 (-5.6%) $284,881 (-4.5%) 0.00 318
    2019-07-01 $230,000 (-6.1%) $289,789 (-3.8%) 0.00 321
    2019-08-01 $230,727 (-2.2%) $287,029 (-5.2%) 0.00 312
    2019-09-01 $230,318 (0.1%) $282,698 (-6.0%) 0.00 298
    2019-10-01 $234,545 (2.0%) $285,536 (-2.6%) 0.00 273
    2019-11-01 $242,500 (5.5%) $296,033 (-2.3%) 0.00 242
    2019-12-01 $239,000 (1.7%) $294,417 (-4.3%) 0.00 225
    2020-01-01 $239,000 (4.0%) $295,640 (-1.2%) 0.00 211
    2020-02-01 $234,950 (8.3%) $290,193 (0.6%) 0.00 213
    2020-03-01 $229,975 (4.1%) $290,459 (0.8%) 0.00 212
    2020-04-01 $224,925 (-1.8%) $283,597 (-0.9%) 0.00 198
    2020-05-01 $219,000 (-4.4%) $285,955 (2.3%) 0.00 214
    2020-06-01 $219,875 (-4.0%) $306,884 (7.7%) 0.00 251
    2020-07-01 $239,000 (3.9%) $316,996 (9.4%) 0.00 261
    2020-08-01 $245,000 (6.2%) $324,829 (13.2%) 0.00 237
    2020-09-01 $248,950 (8.1%) $335,793 (18.8%) 0.00 214
    2020-10-01 $245,000 (4.5%) $333,970 (17.0%) 0.00 198
    2020-11-01 $245,000 (1.0%) $320,245 (8.2%) 0.00 177
    2020-12-01 $245,500 (2.7%) $319,775 (8.6%) 0.00 167
    2021-01-01 $245,000 (2.5%) $310,960 (5.2%) 0.00 154
    2021-02-01 $241,500 (2.8%) $316,225 (9.0%) 0.00 144
    2021-03-01 $250,750 (9.0%) $345,704 (19.0%) 0.00 144
    2021-04-01 $265,000 (17.8%) $367,060 (29.4%) 0.00 137
    2021-05-01 $265,000 (21.0%) $367,879 (28.7%) 0.00 143
    2021-06-01 $295,750 (34.5%) $400,545 (30.5%) 0.00 144
    2021-07-01 $289,000 (20.9%) $531,201 (67.6%) 0.00 143
    2021-08-01 $278,500 (13.7%) $406,319 (25.1%) 0.00 135
    2021-09-01 $315,000 (26.5%) $429,747 (28.0%) 0.00 137
    2021-10-01 $319,450 (30.4%) $435,027 (30.3%) 0.00 144
    2021-11-01 $315,000 (28.6%) $431,902 (34.9%) 0.00 126
    2021-12-01 $319,900 (30.3%) $439,481 (37.4%) 0.00 102
    2022-01-01 $317,450 (29.6%) $449,311 (44.5%) 0.00 83
    2022-02-01 $350,000 (44.9%) $466,447 (47.5%) 0.00 75
    2022-03-01 $371,250 (48.1%) $476,325 (37.8%) 0.00 79
    2022-04-01 $399,500 (50.8%) $534,711 (45.7%) 0.00 93
    2022-05-01 $381,750 (44.1%) $503,399 (36.8%) 0.00 95
    2022-06-01 $375,000 (26.8%) $516,126 (28.9%) 0.00 112
    2022-07-01 $382,500 (32.4%) $504,646 (-5.0%) 0.00 131
    2022-08-01 $385,000 (38.2%) $636,398 (56.6%) 0.00 139
    2022-09-01 $359,500 (14.1%) $597,560 (39.1%) 0.00 144
    2022-10-01 $359,500 (12.5%) $622,231 (43.0%) 0.00 131
    2022-11-01 $352,250 (11.8%) $627,451 (45.3%) 0.00 128
    2022-12-01 $347,500 (8.6%) $544,094 (23.8%) 0.00 116
    2023-01-01 $308,000 (-3.0%) $507,565 (13.0%) 0.00 111
    2023-02-01 $326,000 (-6.9%) $514,953 (10.4%) 0.00 102
    2023-03-01 $323,000 (-13.0%) $523,014 (9.8%) 0.00 95
    2023-04-01 $367,000 (-8.1%) $541,080 (1.2%) 0.00 96
    2023-05-01 $376,750 (-1.3%) $512,117 (1.7%) 0.00 128
    2023-06-01 $375,000 (0.0%) $530,114 (2.7%) 0.00 145
    2023-07-01 $379,000 (-0.9%) $525,712 (4.2%) 0.00 158
    2023-08-01 $396,000 (2.9%) $521,841 (-18.0%) 0.00 160
    2023-09-01 $375,000 (4.3%) $553,269 (-7.4%) 0.00 181
    2023-10-01 $375,000 (4.3%) $562,565 (-9.6%) 0.00 185
    2023-11-01 $394,625 (12.0%) $562,305 (-10.4%) 0.00 151
    2023-12-01 $360,000 (3.6%) $535,425 (-1.6%) 0.00 137
    2024-01-01 $349,250 (13.4%) $496,474 (-2.2%) 0.00 121
    2024-02-01 $348,500 (6.9%) $483,203 (-6.2%) 0.00 129
    2024-03-01 $357,500 (10.7%) $497,806 (-4.8%) 0.00 133
    Riverton's median listing price for 2024-03-01 was $357,500, a difference of $34,500 (10.7%) versus the prior year and $9,000 versus the prior month.

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

    Riverton's average listing price for 2024-03-01 was $497,806, a difference of $-25,208 (-4.8%) versus the prior year and $14,603 versus the prior month.

    For the 2024-03-01 period, Riverton had 133 MLS listings, a difference of 4 listings (3%) versus the prior month and 38 listings (40%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Riverton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,920 sqft
    2018-02-01 0 days 1,920 sqft
    2018-03-01 0 days 1,920 sqft
    2018-04-01 0 days 1,847 sqft
    2018-05-01 0 days 1,878 sqft
    2018-06-01 0 days 1,920 sqft
    2018-07-01 0 days 1,920 sqft
    2018-08-01 0 days 1,920 sqft
    2018-09-01 0 days 1,922 sqft
    2018-10-01 0 days 1,923 sqft
    2018-11-01 0 days 1,931 sqft
    2018-12-01 0 days 1,939 sqft
    2019-01-01 0 days 1,941 sqft
    2019-02-01 0 days 1,920 sqft
    2019-03-01 0 days 1,949 sqft
    2019-04-01 0 days 1,998 sqft
    2019-05-01 0 days 2,012 sqft
    2019-06-01 0 days 1,987 sqft
    2019-07-01 0 days 1,957 sqft
    2019-08-01 0 days 1,965 sqft
    2019-09-01 0 days 1,944 sqft
    2019-10-01 0 days 1,974 sqft
    2019-11-01 0 days 2,016 sqft
    2019-12-01 0 days 2,016 sqft
    2020-01-01 0 days 2,012 sqft
    2020-02-01 0 days 1,978 sqft
    2020-03-01 0 days 1,966 sqft
    2020-04-01 0 days 1,931 sqft
    2020-05-01 0 days 1,912 sqft
    2020-06-01 0 days 1,924 sqft
    2020-07-01 0 days 1,959 sqft
    2020-08-01 0 days 1,991 sqft
    2020-09-01 0 days 1,990 sqft
    2020-10-01 0 days 2,040 sqft
    2020-11-01 0 days 2,068 sqft
    2020-12-01 0 days 2,027 sqft
    2021-01-01 0 days 1,987 sqft
    2021-02-01 0 days 1,976 sqft
    2021-03-01 0 days 2,003 sqft
    2021-04-01 0 days 1,997 sqft
    2021-05-01 0 days 1,920 sqft
    2021-06-01 0 days 1,964 sqft
    2021-07-01 0 days 1,976 sqft
    2021-08-01 0 days 1,807 sqft
    2021-09-01 0 days 1,854 sqft
    2021-10-01 0 days 1,875 sqft
    2021-11-01 0 days 1,903 sqft
    2021-12-01 0 days 1,920 sqft
    2022-01-01 0 days 1,843 sqft
    2022-02-01 0 days 1,825 sqft
    2022-03-01 0 days 1,905 sqft
    2022-04-01 0 days 2,063 sqft
    2022-05-01 0 days 2,011 sqft
    2022-06-01 0 days 1,950 sqft
    2022-07-01 0 days 1,928 sqft
    2022-08-01 0 days 1,966 sqft
    2022-09-01 0 days 1,967 sqft
    2022-10-01 0 days 1,971 sqft
    2022-11-01 0 days 1,965 sqft
    2022-12-01 0 days 1,940 sqft
    2023-01-01 0 days 1,954 sqft
    2023-02-01 0 days 1,925 sqft
    2023-03-01 0 days 1,955 sqft
    2023-04-01 0 days 2,014 sqft
    2023-05-01 0 days 2,040 sqft
    2023-06-01 0 days 2,028 sqft
    2023-07-01 0 days 2,016 sqft
    2023-08-01 0 days 2,043 sqft
    2023-09-01 0 days 2,096 sqft
    2023-10-01 0 days 2,059 sqft
    2023-11-01 0 days 2,110 sqft
    2023-12-01 0 days 2,032 sqft
    2024-01-01 0 days 2,000 sqft
    2024-02-01 0 days 2,000 sqft
    2024-03-01 0 days 2,148 sqft
    Riverton's median listing age (time on market) for 2024-03-01 was 0 days.

    Riverton's median square footage for active listings during the 2024-03-01 period was 2,148 sqft. One year prior, the average listing was 1,955 sqft.