Rock Springs USDA Loan Rates, Closing Costs & Stats

Rock Springs, WY

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.

Rock Springs's 10 lenders originated 44 USDA loans during 2023. The total origination value was $10,890,000, with an average USDA loan value of $247,500.

Rock Springs USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Rock Springs averaged -0.02% for the week of 2024-11-29, compared to the national average (all USDA variants) of 0% for the same period.

Rock Springs's average USDA mortgage closing costs are $5,709.

The average rate for the prior week (2024-11-22) was 6.48% and one month ago for the week of 2024-10-25, the average rate was 6.08%.

The average rate one year ago was 6.68%.

For refis of the same type during the week of 2024-11-29, the average rate was 0.1%.

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

Rock Springs 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 Rock Springs level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 24 5.89% $6,952
Flanagan State Bank 5 6.28% $7,907
AMERICAN PACIFIC MORTGAGE CORPORATION 4 5.94% $7,953
NEWREZ LLC 3 6.21% $7,062
U.S. Bank 3 7.08% $5,908
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $8,456
SUN WEST MORTGAGE COMPANY, INC. 1 5.63% $4,553
CRESCENT MORTGAGE COMPANY 1 6.63% $5,521
Wells Fargo Bank 1 4.88% $770
GUILD MORTGAGE COMPANY 1 5.63% $13,215

The top Rock Springs USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 24 USDA loans originated. Their average total fees are $6,952, which is $955 lower than the next largest lender, Flanagan State Bank.

The lowest fee Rock Springs USDA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($6,952), .

The lowest rate Rock Springs USDA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (5.89%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Rock Springs (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 $229,900 (12.2%) $266,166 (13.2%) 0.00 231
2018-02-01 $229,900 (13.6%) $267,415 (13.7%) 0.00 223
2018-03-01 $242,000 (9.5%) $270,704 (10.8%) 0.00 217
2018-04-01 $246,000 (5.8%) $278,099 (7.9%) 0.00 237
2018-05-01 $243,450 (3.4%) $280,137 (9.4%) 0.00 229
2018-06-01 $239,000 (-2.1%) $275,272 (4.6%) 0.00 259
2018-07-01 $239,000 (-1.8%) $271,081 (4.6%) 0.00 261
2018-08-01 $235,000 (-1.9%) $273,826 (7.3%) 0.00 260
2018-09-01 $235,000 (-1.5%) $267,813 (4.9%) 0.00 261
2018-10-01 $234,950 (3.6%) $264,177 (6.7%) 0.00 261
2018-11-01 $231,450 (3.4%) $265,723 (5.5%) 0.00 243
2018-12-01 $224,900 (-2.0%) $263,012 (1.2%) 0.00 228
2019-01-01 $219,900 (-4.4%) $259,019 (-2.7%) 0.00 208
2019-02-01 $219,925 (-4.3%) $258,331 (-3.4%) 0.00 221
2019-03-01 $220,143 (-9.0%) $258,320 (-4.6%) 0.00 209
2019-04-01 $224,900 (-8.6%) $258,401 (-7.1%) 0.00 196
2019-05-01 $227,000 (-6.8%) $260,777 (-6.9%) 0.00 191
2019-06-01 $229,900 (-3.8%) $262,644 (-4.6%) 0.00 191
2019-07-01 $237,625 (-0.6%) $270,528 (-0.2%) 0.00 186
2019-08-01 $239,818 (2.1%) $271,896 (-0.7%) 0.00 182
2019-09-01 $244,420 (4.0%) $272,228 (1.7%) 0.00 185
2019-10-01 $248,000 (5.6%) $272,648 (3.2%) 0.00 191
2019-11-01 $248,000 (7.2%) $276,698 (4.1%) 0.00 170
2019-12-01 $239,850 (6.7%) $279,898 (6.4%) 0.00 166
2020-01-01 $235,225 (7.0%) $273,860 (5.7%) 0.00 169
2020-02-01 $232,950 (5.9%) $272,153 (5.4%) 0.00 164
2020-03-01 $228,450 (3.8%) $264,371 (2.3%) 0.00 175
2020-04-01 $228,000 (1.4%) $273,004 (5.7%) 0.00 171
2020-05-01 $228,000 (0.4%) $269,334 (3.3%) 0.00 173
2020-06-01 $232,450 (1.1%) $274,001 (4.3%) 0.00 168
2020-07-01 $234,075 (-1.5%) $273,309 (1.0%) 0.00 174
2020-08-01 $232,400 (-3.1%) $274,601 (1.0%) 0.00 178
2020-09-01 $234,950 (-3.9%) $268,217 (-1.5%) 0.00 179
2020-10-01 $233,225 (-6.0%) $269,936 (-1.0%) 0.00 174
2020-11-01 $228,500 (-7.9%) $266,933 (-3.5%) 0.00 159
2020-12-01 $224,975 (-6.2%) $262,871 (-6.1%) 0.00 152
2021-01-01 $224,900 (-4.4%) $259,206 (-5.4%) 0.00 139
2021-02-01 $232,450 (-0.2%) $261,880 (-3.8%) 0.00 125
2021-03-01 $225,250 (-1.4%) $258,488 (-2.2%) 0.00 117
2021-04-01 $223,500 (-2.0%) $260,929 (-4.4%) 0.00 105
2021-05-01 $219,000 (-4.0%) $273,993 (1.7%) 0.00 89
2021-06-01 $219,750 (-5.5%) $269,502 (-1.6%) 0.00 98
2021-07-01 $222,000 (-5.2%) $261,195 (-4.4%) 0.00 91
2021-08-01 $220,000 (-5.3%) $264,879 (-3.5%) 0.00 92
2021-09-01 $224,900 (-4.3%) $264,222 (-1.5%) 0.00 90
2021-10-01 $227,500 (-2.5%) $260,237 (-3.6%) 0.00 84
2021-11-01 $222,450 (-2.7%) $239,272 (-10.4%) 0.00 83
2021-12-01 $226,550 (0.7%) $242,889 (-7.6%) 0.00 69
2022-01-01 $225,000 (0.0%) $261,114 (0.7%) 0.00 64
2022-02-01 $222,200 (-4.4%) $263,492 (0.6%) 0.00 57
2022-03-01 $230,000 (2.1%) $274,711 (6.3%) 0.00 62
2022-04-01 $238,000 (6.5%) $294,111 (12.7%) 0.00 58
2022-05-01 $251,000 (14.6%) $316,710 (15.6%) 0.00 74
2022-06-01 $229,000 (4.2%) $309,163 (14.7%) 0.00 69
2022-07-01 $229,900 (3.6%) $333,715 (27.8%) 0.00 75
2022-08-01 $236,000 (7.3%) $347,857 (31.3%) 0.00 83
2022-09-01 $241,500 (7.4%) $342,061 (29.5%) 0.00 76
2022-10-01 $249,450 (9.7%) $355,921 (36.8%) 0.00 68
2022-11-01 $242,950 (9.2%) $349,909 (46.2%) 0.00 70
2022-12-01 $255,000 (12.6%) $359,782 (48.1%) 0.00 66
2023-01-01 $255,000 (13.3%) $335,143 (28.4%) 0.00 64
2023-02-01 $282,925 (27.3%) $355,007 (34.7%) 0.00 62
2023-03-01 $302,925 (31.7%) $367,813 (33.9%) 0.00 53
2023-04-01 $291,000 (22.3%) $366,055 (24.5%) 0.00 56
2023-05-01 $287,450 (14.5%) $344,901 (8.9%) 0.00 60
2023-06-01 $314,975 (37.5%) $341,514 (10.5%) 0.00 69
2023-07-01 $310,000 (34.8%) $340,790 (2.1%) 0.00 87
2023-08-01 $309,975 (31.4%) $338,541 (-2.7%) 0.00 91
2023-09-01 $315,000 (30.4%) $334,766 (-2.1%) 0.00 103
2023-10-01 $311,875 (25.0%) $328,178 (-7.8%) 0.00 90
2023-11-01 $296,000 (21.8%) $321,567 (-8.1%) 0.00 91
2023-12-01 $289,000 (13.3%) $326,008 (-9.4%) 0.00 90
2024-01-01 $289,250 (13.4%) $331,403 (-1.1%) 0.00 73
2024-02-01 $283,750 (0.3%) $330,125 (-7.0%) 0.00 71
2024-03-01 $280,000 (-7.6%) $335,838 (-8.7%) 0.00 69
2024-04-01 $297,500 (2.2%) $353,181 (-3.5%) 0.00 72
2024-05-01 $328,750 (14.4%) $379,236 (10.0%) 0.00 80
2024-06-01 $323,500 (2.7%) $386,479 (13.2%) 0.00 84
2024-07-01 $329,500 (6.3%) $391,846 (15.0%) 0.00 78
2024-08-01 $330,000 (6.5%) $388,309 (14.7%) 0.00 85
2024-09-01 $310,000 (-1.6%) $363,241 (8.5%) 0.00 87
2024-10-01 $324,750 (4.1%) $379,032 (15.5%) 0.00 85
Rock Springs's median listing price for 2024-10-01 was $324,750, a difference of $12,875 (4.1%) versus the prior year and $14,750 versus the prior month.

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

Rock Springs's average listing price for 2024-10-01 was $379,032, a difference of $50,854 (15.5%) versus the prior year and $15,791 versus the prior month.

For the 2024-10-01 period, Rock Springs had 85 MLS listings, a difference of -2 listings (-2%) versus the prior month and -5 listings (-6%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Rock Springs (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,141 sqft
2018-02-01 0 days 2,122 sqft
2018-03-01 0 days 2,166 sqft
2018-04-01 0 days 2,244 sqft
2018-05-01 0 days 2,291 sqft
2018-06-01 0 days 2,176 sqft
2018-07-01 0 days 2,224 sqft
2018-08-01 0 days 2,247 sqft
2018-09-01 0 days 2,222 sqft
2018-10-01 0 days 2,227 sqft
2018-11-01 0 days 2,193 sqft
2018-12-01 0 days 2,176 sqft
2019-01-01 0 days 2,064 sqft
2019-02-01 0 days 2,064 sqft
2019-03-01 0 days 2,064 sqft
2019-04-01 0 days 2,049 sqft
2019-05-01 0 days 2,050 sqft
2019-06-01 0 days 2,049 sqft
2019-07-01 0 days 2,088 sqft
2019-08-01 0 days 2,113 sqft
2019-09-01 0 days 2,158 sqft
2019-10-01 0 days 2,187 sqft
2019-11-01 0 days 2,263 sqft
2019-12-01 0 days 2,136 sqft
2020-01-01 0 days 2,097 sqft
2020-02-01 0 days 2,060 sqft
2020-03-01 0 days 2,056 sqft
2020-04-01 0 days 2,024 sqft
2020-05-01 0 days 2,016 sqft
2020-06-01 0 days 2,035 sqft
2020-07-01 0 days 2,096 sqft
2020-08-01 0 days 2,112 sqft
2020-09-01 0 days 2,112 sqft
2020-10-01 0 days 2,104 sqft
2020-11-01 0 days 2,082 sqft
2020-12-01 0 days 2,013 sqft
2021-01-01 0 days 1,932 sqft
2021-02-01 0 days 1,949 sqft
2021-03-01 0 days 1,971 sqft
2021-04-01 0 days 1,973 sqft
2021-05-01 0 days 1,984 sqft
2021-06-01 0 days 2,016 sqft
2021-07-01 0 days 1,996 sqft
2021-08-01 0 days 1,980 sqft
2021-09-01 0 days 1,953 sqft
2021-10-01 0 days 2,016 sqft
2021-11-01 0 days 1,963 sqft
2021-12-01 0 days 1,967 sqft
2022-01-01 0 days 1,978 sqft
2022-02-01 0 days 2,112 sqft
2022-03-01 0 days 2,142 sqft
2022-04-01 0 days 2,082 sqft
2022-05-01 0 days 2,091 sqft
2022-06-01 0 days 1,980 sqft
2022-07-01 0 days 2,016 sqft
2022-08-01 0 days 2,109 sqft
2022-09-01 0 days 2,104 sqft
2022-10-01 0 days 1,992 sqft
2022-11-01 0 days 1,981 sqft
2022-12-01 0 days 1,976 sqft
2023-01-01 0 days 1,966 sqft
2023-02-01 0 days 2,120 sqft
2023-03-01 0 days 2,187 sqft
2023-04-01 0 days 2,224 sqft
2023-05-01 0 days 2,368 sqft
2023-06-01 0 days 2,456 sqft
2023-07-01 0 days 2,314 sqft
2023-08-01 0 days 2,285 sqft
2023-09-01 0 days 2,280 sqft
2023-10-01 0 days 2,122 sqft
2023-11-01 0 days 2,065 sqft
2023-12-01 0 days 2,100 sqft
2024-01-01 0 days 2,122 sqft
2024-02-01 0 days 2,125 sqft
2024-03-01 0 days 2,115 sqft
2024-04-01 0 days 2,102 sqft
2024-05-01 0 days 2,225 sqft
2024-06-01 0 days 2,192 sqft
2024-07-01 0 days 2,264 sqft
2024-08-01 0 days 2,378 sqft
2024-09-01 0 days 2,241 sqft
2024-10-01 0 days 2,206 sqft
Rock Springs's median listing age (time on market) for 2024-10-01 was 0 days.

Rock Springs's median square footage for active listings during the 2024-10-01 period was 2,206 sqft. One year prior, the average listing was 2,122 sqft.