Scottsbluff USDA Loan Rates, Closing Costs & Stats
Scottsbluff, NE
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.
Scottsbluff's 3 lenders originated 6 USDA loans during 2023. The total origination value was $970,000, with an average USDA loan value of $161,667.
Scottsbluff USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Scottsbluff
averaged
6.68%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Scottsbluff's average USDA mortgage closing costs are $4,098.
The average rate for the prior week (2024-04-12) was
6.83% and
one month ago for the week of 2024-03-15, the
average rate was 6.82%.
The average rate one year ago was 6.35%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.76%.
Scottsbluff 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 Scottsbluff level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| CASTLE & COOKE MORTGAGE, LLC | 3 | 7.00% | $7,182 |
| First National Bank of Omaha | 2 | 6.38% | $4,933 |
| U.S. Bank | 1 | 6.75% | $4,736 |
The top Scottsbluff USDA lender as defined by loan originations is CASTLE & COOKE MORTGAGE, LLC, with
3 USDA loans originated. Their average total fees are
$7,182, which is $2,249
higher than the next largest lender,
First National Bank of Omaha.
The lowest fee Scottsbluff USDA lenders (with over 10 loans originated) are
.
The lowest rate Scottsbluff USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Scottsbluff (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 | $161,450 (4.9%) | $177,563 (-10.2%) | 0.00 | 154 |
| 2018-02-01 | $155,125 (4.0%) | $175,345 (-12.1%) | 0.00 | 149 |
| 2018-03-01 | $169,000 (14.7%) | $184,083 (-5.7%) | 0.00 | 125 |
| 2018-04-01 | $169,000 (15.0%) | $194,200 (0.5%) | 0.00 | 132 |
| 2018-05-01 | $175,575 (17.5%) | $208,969 (8.9%) | 0.00 | 155 |
| 2018-06-01 | $169,900 (3.0%) | $209,665 (1.6%) | 0.00 | 164 |
| 2018-07-01 | $169,900 (6.2%) | $209,092 (3.6%) | 0.00 | 171 |
| 2018-08-01 | $166,475 (-2.4%) | $205,861 (-0.3%) | 0.00 | 174 |
| 2018-09-01 | $169,900 (0.5%) | $209,472 (5.5%) | 0.00 | 165 |
| 2018-10-01 | $163,700 (6.6%) | $207,692 (12.8%) | 0.00 | 167 |
| 2018-11-01 | $157,925 (4.6%) | $203,126 (17.9%) | 0.00 | 169 |
| 2018-12-01 | $160,000 (-3.0%) | $211,737 (18.3%) | 0.00 | 150 |
| 2019-01-01 | $163,675 (1.4%) | $218,057 (22.8%) | 0.00 | 140 |
| 2019-02-01 | $164,200 (5.9%) | $232,083 (32.4%) | 0.00 | 151 |
| 2019-03-01 | $183,286 (8.5%) | $241,686 (31.3%) | 0.00 | 139 |
| 2019-04-01 | $199,736 (18.2%) | $248,798 (28.1%) | 0.00 | 140 |
| 2019-05-01 | $200,950 (14.5%) | $248,722 (19.0%) | 0.00 | 154 |
| 2019-06-01 | $174,900 (2.9%) | $231,074 (10.2%) | 0.00 | 147 |
| 2019-07-01 | $172,850 (1.7%) | $230,617 (10.3%) | 0.00 | 151 |
| 2019-08-01 | $190,159 (14.2%) | $233,058 (13.2%) | 0.00 | 162 |
| 2019-09-01 | $181,773 (7.0%) | $230,309 (10.0%) | 0.00 | 167 |
| 2019-10-01 | $171,625 (4.8%) | $223,101 (7.4%) | 0.00 | 171 |
| 2019-11-01 | $173,000 (9.6%) | $221,911 (9.3%) | 0.00 | 156 |
| 2019-12-01 | $179,725 (12.3%) | $221,690 (4.7%) | 0.00 | 143 |
| 2020-01-01 | $179,825 (9.9%) | $218,402 (0.2%) | 0.00 | 126 |
| 2020-02-01 | $190,000 (15.7%) | $218,507 (-5.9%) | 0.00 | 122 |
| 2020-03-01 | $195,000 (6.4%) | $218,159 (-9.7%) | 0.00 | 122 |
| 2020-04-01 | $196,000 (-1.9%) | $213,863 (-14.0%) | 0.00 | 121 |
| 2020-05-01 | $199,000 (-1.0%) | $226,704 (-8.9%) | 0.00 | 123 |
| 2020-06-01 | $195,000 (11.5%) | $231,585 (0.2%) | 0.00 | 118 |
| 2020-07-01 | $189,475 (9.6%) | $231,900 (0.6%) | 0.00 | 104 |
| 2020-08-01 | $195,000 (2.6%) | $251,275 (7.8%) | 0.00 | 91 |
| 2020-09-01 | $210,825 (16.0%) | $255,731 (11.0%) | 0.00 | 72 |
| 2020-10-01 | $181,000 (5.5%) | $254,942 (14.3%) | 0.00 | 63 |
| 2020-11-01 | $169,975 (-1.8%) | $228,314 (2.9%) | 0.00 | 67 |
| 2020-12-01 | $162,600 (-9.5%) | $222,454 (0.3%) | 0.00 | 64 |
| 2021-01-01 | $161,200 (-10.4%) | $209,024 (-4.3%) | 0.00 | 57 |
| 2021-02-01 | $164,900 (-13.2%) | $222,278 (1.7%) | 0.00 | 57 |
| 2021-03-01 | $194,825 (-0.1%) | $244,717 (12.2%) | 0.00 | 53 |
| 2021-04-01 | $203,350 (3.8%) | $248,018 (16.0%) | 0.00 | 53 |
| 2021-05-01 | $237,000 (19.1%) | $296,748 (30.9%) | 0.00 | 39 |
| 2021-06-01 | $259,900 (33.3%) | $307,512 (32.8%) | 0.00 | 38 |
| 2021-07-01 | $194,500 (2.7%) | $254,979 (10.0%) | 0.00 | 49 |
| 2021-08-01 | $205,125 (5.2%) | $254,225 (1.2%) | 0.00 | 63 |
| 2021-09-01 | $172,250 (-18.3%) | $287,099 (12.3%) | 0.00 | 70 |
| 2021-10-01 | $197,500 (9.1%) | $529,939 (107.9%) | 0.00 | 56 |
| 2021-11-01 | $187,000 (10.0%) | $514,342 (125.3%) | 0.00 | 62 |
| 2021-12-01 | $180,000 (10.7%) | $551,358 (147.9%) | 0.00 | 60 |
| 2022-01-01 | $207,450 (28.7%) | $563,352 (169.5%) | 0.00 | 51 |
| 2022-02-01 | $216,250 (31.1%) | $394,254 (77.4%) | 0.00 | 40 |
| 2022-03-01 | $250,500 (28.6%) | $390,298 (59.5%) | 0.00 | 41 |
| 2022-04-01 | $245,000 (20.5%) | $371,467 (49.8%) | 0.00 | 44 |
| 2022-05-01 | $255,000 (7.6%) | $418,476 (41.0%) | 0.00 | 49 |
| 2022-06-01 | $258,500 (-0.5%) | $428,863 (39.5%) | 0.00 | 51 |
| 2022-07-01 | $245,000 (26.0%) | $417,602 (63.8%) | 0.00 | 54 |
| 2022-08-01 | $232,500 (13.4%) | $395,439 (55.6%) | 0.00 | 60 |
| 2022-09-01 | $226,438 (31.5%) | $374,080 (30.3%) | 0.00 | 63 |
| 2022-10-01 | $225,000 (13.9%) | $369,243 (-30.3%) | 0.00 | 64 |
| 2022-11-01 | $219,000 (17.1%) | $344,910 (-32.9%) | 0.00 | 59 |
| 2022-12-01 | $202,000 (12.2%) | $309,616 (-43.8%) | 0.00 | 64 |
| 2023-01-01 | $215,000 (3.6%) | $299,952 (-46.8%) | 0.00 | 75 |
| 2023-02-01 | $236,000 (9.1%) | $314,028 (-20.4%) | 0.00 | 74 |
| 2023-03-01 | $250,000 (-0.2%) | $368,692 (-5.5%) | 0.00 | 69 |
| 2023-04-01 | $254,950 (4.1%) | $362,710 (-2.4%) | 0.00 | 64 |
| 2023-05-01 | $263,725 (3.4%) | $388,294 (-7.2%) | 0.00 | 61 |
| 2023-06-01 | $280,000 (8.3%) | $424,810 (-1.0%) | 0.00 | 69 |
| 2023-07-01 | $282,000 (15.1%) | $438,589 (5.0%) | 0.00 | 82 |
| 2023-08-01 | $276,500 (18.9%) | $421,457 (6.6%) | 0.00 | 93 |
| 2023-09-01 | $275,000 (21.5%) | $393,703 (5.3%) | 0.00 | 75 |
| 2023-10-01 | $232,450 (3.3%) | $363,328 (-1.6%) | 0.00 | 71 |
| 2023-11-01 | $257,200 (17.4%) | $399,999 (16.0%) | 0.00 | 78 |
| 2023-12-01 | $260,499 (29.0%) | $379,297 (22.5%) | 0.00 | 92 |
| 2024-01-01 | $229,500 (6.7%) | $365,400 (21.8%) | 0.00 | 96 |
| 2024-02-01 | $230,750 (-2.2%) | $357,981 (14.0%) | 0.00 | 99 |
| 2024-03-01 | $227,000 (-9.2%) | $357,514 (-3.0%) | 0.00 | 99 |
Scottsbluff's median listing price comes in at 0% of the national average.
Scottsbluff's average listing price for 2024-03-01 was $357,514, a difference of $-11,178 (-3.0%) versus the prior year and $-467 versus the prior month.
For the 2024-03-01 period, Scottsbluff had 99 MLS listings, a difference of 0 listings (0%) versus the prior month and 30 listings (43%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Scottsbluff (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,353 sqft |
| 2018-02-01 | 0 days | 1,334 sqft |
| 2018-03-01 | 0 days | 1,352 sqft |
| 2018-04-01 | 0 days | 1,423 sqft |
| 2018-05-01 | 0 days | 1,458 sqft |
| 2018-06-01 | 0 days | 1,457 sqft |
| 2018-07-01 | 0 days | 1,450 sqft |
| 2018-08-01 | 0 days | 1,470 sqft |
| 2018-09-01 | 0 days | 1,472 sqft |
| 2018-10-01 | 0 days | 1,442 sqft |
| 2018-11-01 | 0 days | 1,378 sqft |
| 2018-12-01 | 0 days | 1,372 sqft |
| 2019-01-01 | 0 days | 1,395 sqft |
| 2019-02-01 | 0 days | 1,420 sqft |
| 2019-03-01 | 0 days | 1,389 sqft |
| 2019-04-01 | 0 days | 1,389 sqft |
| 2019-05-01 | 0 days | 1,438 sqft |
| 2019-06-01 | 0 days | 1,344 sqft |
| 2019-07-01 | 0 days | 1,379 sqft |
| 2019-08-01 | 0 days | 1,363 sqft |
| 2019-09-01 | 0 days | 1,365 sqft |
| 2019-10-01 | 0 days | 1,364 sqft |
| 2019-11-01 | 0 days | 1,366 sqft |
| 2019-12-01 | 0 days | 1,402 sqft |
| 2020-01-01 | 0 days | 1,367 sqft |
| 2020-02-01 | 0 days | 1,396 sqft |
| 2020-03-01 | 0 days | 1,360 sqft |
| 2020-04-01 | 0 days | 1,383 sqft |
| 2020-05-01 | 0 days | 1,468 sqft |
| 2020-06-01 | 0 days | 1,441 sqft |
| 2020-07-01 | 0 days | 1,390 sqft |
| 2020-08-01 | 0 days | 1,511 sqft |
| 2020-09-01 | 0 days | 1,532 sqft |
| 2020-10-01 | 0 days | 1,435 sqft |
| 2020-11-01 | 0 days | 1,430 sqft |
| 2020-12-01 | 0 days | 1,433 sqft |
| 2021-01-01 | 0 days | 1,432 sqft |
| 2021-02-01 | 0 days | 1,393 sqft |
| 2021-03-01 | 0 days | 1,425 sqft |
| 2021-04-01 | 0 days | 1,575 sqft |
| 2021-05-01 | 0 days | 1,692 sqft |
| 2021-06-01 | 0 days | 1,642 sqft |
| 2021-07-01 | 0 days | 1,464 sqft |
| 2021-08-01 | 0 days | 1,450 sqft |
| 2021-09-01 | 0 days | 1,326 sqft |
| 2021-10-01 | 0 days | 1,376 sqft |
| 2021-11-01 | 0 days | 1,357 sqft |
| 2021-12-01 | 0 days | 1,420 sqft |
| 2022-01-01 | 0 days | 1,591 sqft |
| 2022-02-01 | 0 days | 1,420 sqft |
| 2022-03-01 | 0 days | 1,440 sqft |
| 2022-04-01 | 0 days | 1,271 sqft |
| 2022-05-01 | 0 days | 1,724 sqft |
| 2022-06-01 | 0 days | 1,746 sqft |
| 2022-07-01 | 0 days | 1,632 sqft |
| 2022-08-01 | 0 days | 1,461 sqft |
| 2022-09-01 | 0 days | 1,382 sqft |
| 2022-10-01 | 0 days | 1,416 sqft |
| 2022-11-01 | 0 days | 1,466 sqft |
| 2022-12-01 | 0 days | 1,494 sqft |
| 2023-01-01 | 0 days | 1,420 sqft |
| 2023-02-01 | 0 days | 1,387 sqft |
| 2023-03-01 | 0 days | 1,412 sqft |
| 2023-04-01 | 0 days | 1,447 sqft |
| 2023-05-01 | 0 days | 1,526 sqft |
| 2023-06-01 | 0 days | 1,633 sqft |
| 2023-07-01 | 0 days | 1,703 sqft |
| 2023-08-01 | 0 days | 1,616 sqft |
| 2023-09-01 | 0 days | 1,532 sqft |
| 2023-10-01 | 0 days | 1,356 sqft |
| 2023-11-01 | 0 days | 1,373 sqft |
| 2023-12-01 | 0 days | 1,411 sqft |
| 2024-01-01 | 0 days | 1,411 sqft |
| 2024-02-01 | 0 days | 1,382 sqft |
| 2024-03-01 | 0 days | 1,253 sqft |
Scottsbluff's median square footage for active listings during the 2024-03-01 period was 1,253 sqft. One year prior, the average listing was 1,412 sqft.