Shawano USDA Loan Rates, Closing Costs & Stats

Shawano, WI

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.

Shawano's 9 lenders originated 12 USDA loans during 2022. The total origination value was $1,810,000, with an average USDA loan value of $150,833.

Shawano USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Shawano averaged 5.83% for the week of 2024-03-15, compared to the national average (all USDA variants) of 6.587% for the same period.

Shawano's average USDA mortgage closing costs are $3,744.

The average rate for the prior week (2024-03-08) was 5.93% and one month ago for the week of 2024-02-09, the average rate was 5.86%.

The average rate one year ago was 5.85%.

For refis of the same type during the week of 2024-03-15, the average rate was 4.93%.

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

Shawano 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 Shawano level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
CoVantage Credit Union 2 5.13% $2,584
CHERRY CREEK MORTGAGE, LLC 2 4.81% $2,759
INLANTA MORTGAGE, INC. 2 5.00% $6,353
Ixonia Bank 1 6.25% $5,861
Nations Lending Corporation 1 6.38% $7,386
AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.75% $5,456
Waterstone Mortgage Corporation 1 4.13% $6,459
Associated Bank 1 4.75% $4,138
FIRST CENTENNIAL MORTGAGE CORPORATION 1 4.25% $5,076

The top Shawano USDA lender as defined by loan originations is CoVantage Credit Union, with 2 USDA loans originated. Their average total fees are $2,584, which is $175 lower than the next largest lender, CHERRY CREEK MORTGAGE, LLC.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Shawano (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 $129,900 (0.0%) $176,776 (12.5%) 0.00 193
2018-02-01 $133,400 (2.7%) $178,698 (11.3%) 0.00 199
2018-03-01 $142,400 (9.6%) $184,598 (12.6%) 0.00 204
2018-04-01 $149,900 (15.4%) $196,829 (17.4%) 0.00 175
2018-05-01 $148,950 (6.5%) $200,760 (13.0%) 0.00 175
2018-06-01 $149,900 (12.2%) $208,251 (21.4%) 0.00 187
2018-07-01 $149,900 (14.7%) $215,155 (25.6%) 0.00 181
2018-08-01 $159,900 (15.6%) $223,764 (27.0%) 0.00 180
2018-09-01 $144,900 (3.6%) $211,212 (16.4%) 0.00 191
2018-10-01 $139,900 (0.9%) $207,856 (15.6%) 0.00 185
2018-11-01 $139,900 (3.7%) $201,653 (13.9%) 0.00 171
2018-12-01 $129,900 (0.0%) $196,740 (10.8%) 0.00 161
2019-01-01 $133,050 (2.4%) $191,523 (7.8%) 0.00 156
2019-02-01 $139,000 (4.2%) $201,542 (12.3%) 0.00 154
2019-03-01 $147,957 (3.9%) $213,510 (15.8%) 0.00 146
2019-04-01 $158,650 (5.8%) $229,494 (16.4%) 0.00 135
2019-05-01 $163,650 (9.9%) $221,568 (10.7%) 0.00 139
2019-06-01 $179,900 (20.0%) $236,449 (14.5%) 0.00 153
2019-07-01 $161,925 (8.0%) $223,480 (4.9%) 0.00 157
2019-08-01 $155,518 (-2.7%) $218,763 (-1.4%) 0.00 170
2019-09-01 $157,870 (9.0%) $216,553 (3.4%) 0.00 175
2019-10-01 $159,800 (14.2%) $215,080 (4.4%) 0.00 170
2019-11-01 $162,400 (16.1%) $214,928 (7.6%) 0.00 145
2019-12-01 $151,900 (16.9%) $203,310 (4.5%) 0.00 150
2020-01-01 $149,900 (12.7%) $201,254 (6.4%) 0.00 139
2020-02-01 $149,900 (7.8%) $201,571 (1.3%) 0.00 125
2020-03-01 $177,900 (20.2%) $226,440 (7.3%) 0.00 118
2020-04-01 $162,400 (2.4%) $221,320 (-2.4%) 0.00 107
2020-05-01 $185,500 (13.4%) $235,104 (7.2%) 0.00 102
2020-06-01 $187,850 (4.4%) $221,661 (-5.6%) 0.00 88
2020-07-01 $189,325 (16.9%) $219,983 (-0.7%) 0.00 73
2020-08-01 $185,500 (19.3%) $221,815 (1.7%) 0.00 77
2020-09-01 $183,850 (16.5%) $240,351 (10.9%) 0.00 72
2020-10-01 $169,900 (6.3%) $239,361 (10.4%) 0.00 61
2020-11-01 $184,900 (13.9%) $248,055 (14.3%) 0.00 51
2020-12-01 $183,650 (20.9%) $232,603 (13.2%) 0.00 52
2021-01-01 $184,900 (23.4%) $236,480 (16.1%) 0.00 39
2021-02-01 $199,675 (33.2%) $251,387 (23.2%) 0.00 33
2021-03-01 $184,900 (3.9%) $240,584 (5.1%) 0.00 29
2021-04-01 $162,400 (0.0%) $201,681 (-11.0%) 0.00 24
2021-05-01 $159,900 (-13.8%) $224,767 (-8.6%) 0.00 32
2021-06-01 $159,900 (-14.9%) $241,358 (5.5%) 0.00 39
2021-07-01 $174,450 (-7.9%) $248,974 (9.8%) 0.00 48
2021-08-01 $202,150 (9.0%) $262,722 (15.0%) 0.00 45
2021-09-01 $203,450 (10.7%) $272,215 (10.1%) 0.00 42
2021-10-01 $199,500 (17.4%) $270,531 (9.8%) 0.00 40
2021-11-01 $207,450 (12.2%) $288,758 (15.8%) 0.00 43
2021-12-01 $199,600 (8.7%) $276,161 (17.8%) 0.00 44
2022-01-01 $210,000 (13.6%) $306,518 (26.8%) 0.00 31
2022-02-01 $219,475 (9.9%) $293,352 (16.7%) 0.00 30
2022-03-01 $252,925 (36.8%) $317,714 (30.8%) 0.00 28
2022-04-01 $249,900 (53.9%) $303,945 (52.7%) 0.00 34
2022-05-01 $287,900 (80.1%) $330,831 (51.9%) 0.00 41
2022-06-01 $262,400 (64.1%) $316,805 (33.4%) 0.00 45
2022-07-01 $285,900 (63.9%) $342,474 (39.4%) 0.00 55
2022-08-01 $292,450 (44.7%) $335,642 (30.1%) 0.00 61
2022-09-01 $333,650 (64.0%) $343,776 (28.9%) 0.00 50
2022-10-01 $324,500 (62.7%) $349,496 (33.0%) 0.00 47
2022-11-01 $295,400 (42.4%) $317,539 (10.6%) 0.00 50
2022-12-01 $314,950 (57.8%) $331,617 (21.1%) 0.00 45
2023-01-01 $295,175 (40.6%) $315,346 (4.6%) 0.00 38
2023-02-01 $319,900 (45.8%) $320,894 (9.4%) 0.00 32
2023-03-01 $305,175 (20.7%) $348,681 (10.8%) 0.00 31
2023-04-01 $325,000 (30.1%) $380,203 (25.1%) 0.00 32
2023-05-01 $342,400 (18.9%) $395,295 (19.5%) 0.00 39
2023-06-01 $317,175 (20.9%) $378,582 (19.5%) 0.00 46
2023-07-01 $312,450 (9.3%) $366,595 (7.0%) 0.00 51
2023-08-01 $308,925 (5.6%) $381,266 (13.6%) 0.00 54
2023-09-01 $324,900 (-2.6%) $420,997 (22.5%) 0.00 54
2023-10-01 $324,900 (0.1%) $440,516 (26.0%) 0.00 42
2023-11-01 $297,400 (0.7%) $408,176 (28.5%) 0.00 45
2023-12-01 $275,000 (-12.7%) $383,975 (0.0%) 0.00 47
2024-01-01 $277,900 (-5.9%) $377,509 (0.0%) 0.00 47
Shawano's median listing price for 2024-01-01 was $277,900, a difference of $-17,275 (-5.9%) versus the prior year and $2,900 versus the prior month.

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

Shawano's average listing price for 2024-01-01 was $377,509, a difference of $62,163 (0.0%) versus the prior year and $-6,466 versus the prior month.

For the 2024-01-01 period, Shawano had 47 MLS listings, a difference of 0 listings (0%) versus the prior month and 9 listings (24%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Shawano (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,600 sqft
2018-02-01 0 days 1,635 sqft
2018-03-01 0 days 1,656 sqft
2018-04-01 0 days 1,651 sqft
2018-05-01 0 days 1,610 sqft
2018-06-01 0 days 1,656 sqft
2018-07-01 0 days 1,674 sqft
2018-08-01 0 days 1,700 sqft
2018-09-01 0 days 1,620 sqft
2018-10-01 0 days 1,610 sqft
2018-11-01 0 days 1,610 sqft
2018-12-01 0 days 1,600 sqft
2019-01-01 0 days 1,610 sqft
2019-02-01 0 days 1,670 sqft
2019-03-01 0 days 1,616 sqft
2019-04-01 0 days 1,642 sqft
2019-05-01 0 days 1,625 sqft
2019-06-01 0 days 1,704 sqft
2019-07-01 0 days 1,713 sqft
2019-08-01 0 days 1,702 sqft
2019-09-01 0 days 1,675 sqft
2019-10-01 0 days 1,687 sqft
2019-11-01 0 days 1,655 sqft
2019-12-01 0 days 1,601 sqft
2020-01-01 0 days 1,551 sqft
2020-02-01 0 days 1,584 sqft
2020-03-01 0 days 1,686 sqft
2020-04-01 0 days 1,636 sqft
2020-05-01 0 days 1,726 sqft
2020-06-01 0 days 1,648 sqft
2020-07-01 0 days 1,657 sqft
2020-08-01 0 days 1,692 sqft
2020-09-01 0 days 1,746 sqft
2020-10-01 0 days 1,601 sqft
2020-11-01 0 days 1,640 sqft
2020-12-01 0 days 1,650 sqft
2021-01-01 0 days 1,684 sqft
2021-02-01 0 days 1,682 sqft
2021-03-01 0 days 1,814 sqft
2021-04-01 0 days 1,656 sqft
2021-05-01 0 days 1,645 sqft
2021-06-01 0 days 1,882 sqft
2021-07-01 0 days 1,680 sqft
2021-08-01 0 days 1,734 sqft
2021-09-01 0 days 1,683 sqft
2021-10-01 0 days 1,750 sqft
2021-11-01 0 days 1,716 sqft
2021-12-01 0 days 1,695 sqft
2022-01-01 0 days 1,700 sqft
2022-02-01 0 days 1,685 sqft
2022-03-01 0 days 1,872 sqft
2022-04-01 0 days 1,872 sqft
2022-05-01 0 days 1,896 sqft
2022-06-01 0 days 1,872 sqft
2022-07-01 0 days 1,786 sqft
2022-08-01 0 days 1,709 sqft
2022-09-01 0 days 1,740 sqft
2022-10-01 0 days 1,744 sqft
2022-11-01 0 days 1,840 sqft
2022-12-01 0 days 1,708 sqft
2023-01-01 0 days 1,825 sqft
2023-02-01 0 days 1,803 sqft
2023-03-01 0 days 1,675 sqft
2023-04-01 0 days 1,660 sqft
2023-05-01 0 days 1,748 sqft
2023-06-01 0 days 1,585 sqft
2023-07-01 0 days 1,598 sqft
2023-08-01 0 days 1,570 sqft
2023-09-01 0 days 1,700 sqft
2023-10-01 0 days 1,734 sqft
2023-11-01 0 days 1,815 sqft
2023-12-01 0 days 1,806 sqft
2024-01-01 0 days 1,845 sqft
Shawano's median listing age (time on market) for 2024-01-01 was 0 days.

Shawano's median square footage for active listings during the 2024-01-01 period was 1,845 sqft. One year prior, the average listing was 1,825 sqft.