Sheboygan USDA Loans
SHEBOYGAN, 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.
Sheboygan's 12 lenders originated 18 USDA loans during 2021. The total origination value was $3,260,000, with an average USDA loan value of $181,111.
Sheboygan USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Sheboygan
averaged
5.45%
for the week of 2022-08-05, compared to the national average (all USDA variants) of
5.294% for the same period.
The average rate for the prior week (2022-07-29) was
5.38% and
one month ago for the week of 2022-07-01, the
average rate was 5.51%.
The average rate one year ago was 3.39%.
For refis of the same type during the week of 2022-08-05, the average rate
was 5.29%.
Sheboygan USDA Loan Lenders by Rates & Fees
The below table looks at the average fees and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Sheboygan level.
Name | # of Loans | 2021 Avg. 30yFix Rate | 2021 Avg. Total Fees |
---|---|---|---|
PENNYMAC LOAN SERVICES, LLC | 3 | 2.96% | $3,577 |
Bank First, N.A. | 3 | 2.96% | $4,332 |
ENVOY MORTGAGE, LTD | 2 | 2.94% | $6,239 |
WISCONSIN MORTGAGE CORPORATION | 2 | 2.56% | $5,248 |
Associated Bank | 1 | 2.88% | $4,567 |
Paramount Residential Mortgage Group, Inc. | 1 | 2.75% | $3,147 |
UNITED WHOLESALE MORTGAGE, LLC | 1 | 2.88% | $3,236 |
U.S. Bank | 1 | 3.63% | $3,951 |
NATIONS RELIABLE LENDING, LLC | 1 | 3.25% | $4,899 |
Bankers' Bank | 1 | 3.25% | $4,241 |
GUARANTEED RATE, INC. | 1 | 2.88% | $5,005 |
LAKEVIEW LOAN SERVICING, LLC | 1 | 3.00% | $4,578 |
The top Sheboygan USDA lender as defined by loan originations is PENNYMAC LOAN SERVICES, LLC, with
3 USDA loans originated. Their average total fees are
$3,577, which is $755
lower than the next largest lender,
Bank First, N.A..
The lowest fee Sheboygan USDA lenders (with over 10 loans originated) are
.
The lowest rate Sheboygan USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Sheboygan (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 | $226,250 (61.6%) | $277,104 (29.9%) | 0.00 | 289 |
2018-02-01 | $224,450 (54.9%) | $277,906 (30.3%) | 0.00 | 267 |
2018-03-01 | $244,900 (65.6%) | $299,111 (36.3%) | 0.00 | 262 |
2018-04-01 | $249,150 (40.8%) | $320,239 (21.8%) | 0.00 | 249 |
2018-05-01 | $248,950 (21.5%) | $331,176 (19.0%) | 0.00 | 247 |
2018-06-01 | $248,300 (16.9%) | $333,068 (17.9%) | 0.00 | 270 |
2018-07-01 | $252,450 (11.0%) | $323,176 (10.0%) | 0.00 | 309 |
2018-08-01 | $239,950 (1.6%) | $307,194 (3.7%) | 0.00 | 341 |
2018-09-01 | $234,900 (-5.2%) | $309,635 (0.8%) | 0.00 | 364 |
2018-10-01 | $237,050 (-0.4%) | $309,039 (7.2%) | 0.00 | 361 |
2018-11-01 | $232,150 (-0.1%) | $293,878 (2.0%) | 0.00 | 351 |
2018-12-01 | $220,000 (-3.3%) | $286,359 (2.2%) | 0.00 | 308 |
2019-01-01 | $208,400 (-7.9%) | $285,513 (3.0%) | 0.00 | 268 |
2019-02-01 | $214,950 (-4.2%) | $290,162 (4.4%) | 0.00 | 247 |
2019-03-01 | $229,957 (-6.1%) | $301,188 (0.7%) | 0.00 | 275 |
2019-04-01 | $244,957 (-1.7%) | $313,282 (-2.2%) | 0.00 | 417 |
2019-05-01 | $249,950 (0.4%) | $323,022 (-2.5%) | 0.00 | 246 |
2019-06-01 | $249,900 (0.6%) | $319,170 (-4.2%) | 0.00 | 271 |
2019-07-01 | $249,950 (-1.0%) | $319,860 (-1.0%) | 0.00 | 304 |
2019-08-01 | $245,614 (2.4%) | $308,087 (0.3%) | 0.00 | 323 |
2019-09-01 | $234,950 (0.0%) | $295,169 (-4.7%) | 0.00 | 337 |
2019-10-01 | $247,400 (4.4%) | $301,865 (-2.3%) | 0.00 | 311 |
2019-11-01 | $250,000 (7.7%) | $297,746 (1.3%) | 0.00 | 315 |
2019-12-01 | $238,700 (8.5%) | $286,230 (-0.1%) | 0.00 | 282 |
2020-01-01 | $249,600 (19.8%) | $292,046 (2.3%) | 0.00 | 232 |
2020-02-01 | $264,900 (23.2%) | $308,488 (6.3%) | 0.00 | 227 |
2020-03-01 | $263,250 (14.5%) | $317,482 (5.4%) | 0.00 | 212 |
2020-04-01 | $266,200 (8.7%) | $319,737 (2.1%) | 0.00 | 186 |
2020-05-01 | $271,400 (8.6%) | $340,043 (5.3%) | 0.00 | 181 |
2020-06-01 | $277,450 (11.0%) | $352,479 (10.4%) | 0.00 | 162 |
2020-07-01 | $264,550 (5.8%) | $350,599 (9.6%) | 0.00 | 160 |
2020-08-01 | $261,900 (6.6%) | $344,871 (11.9%) | 0.00 | 166 |
2020-09-01 | $239,900 (2.1%) | $327,622 (11.0%) | 0.00 | 164 |
2020-10-01 | $228,000 (-7.8%) | $312,250 (3.4%) | 0.00 | 169 |
2020-11-01 | $229,950 (-8.0%) | $311,137 (4.5%) | 0.00 | 161 |
2020-12-01 | $225,000 (-5.7%) | $305,241 (6.6%) | 0.00 | 149 |
2021-01-01 | $234,900 (-5.9%) | $310,987 (6.5%) | 0.00 | 128 |
2021-02-01 | $239,450 (-9.6%) | $327,602 (6.2%) | 0.00 | 93 |
2021-03-01 | $234,450 (-10.9%) | $329,191 (3.7%) | 0.00 | 89 |
2021-04-01 | $252,450 (-5.2%) | $364,147 (13.9%) | 0.00 | 92 |
2021-05-01 | $260,000 (-4.2%) | $405,804 (19.3%) | 0.00 | 98 |
2021-06-01 | $259,900 (-6.3%) | $370,806 (5.2%) | 0.00 | 119 |
2021-07-01 | $267,400 (1.1%) | $391,810 (11.8%) | 0.00 | 131 |
2021-08-01 | $274,400 (4.8%) | $365,559 (6.0%) | 0.00 | 144 |
2021-09-01 | $269,900 (12.5%) | $345,953 (5.6%) | 0.00 | 140 |
2021-10-01 | $275,000 (20.6%) | $353,737 (13.3%) | 0.00 | 121 |
2021-11-01 | $268,450 (16.7%) | $336,121 (8.0%) | 0.00 | 107 |
2021-12-01 | $259,450 (15.3%) | $322,265 (5.6%) | 0.00 | 94 |
2022-01-01 | $269,000 (14.5%) | $336,093 (8.1%) | 0.00 | 81 |
2022-02-01 | $292,450 (22.1%) | $337,685 (3.1%) | 0.00 | 66 |
2022-03-01 | $294,950 (25.8%) | $374,921 (13.9%) | 0.00 | 56 |
2022-04-01 | $319,900 (26.7%) | $375,572 (3.1%) | 0.00 | 63 |
2022-05-01 | $365,000 (40.4%) | $400,658 (-1.3%) | 0.00 | 82 |
2022-06-01 | $357,450 (37.5%) | $403,384 (8.8%) | 0.00 | 97 |
Sheboygan's median listing price comes in at 0% of the national average.
Sheboygan's average listing price for 2022-06-01 was $403,384, a difference of $32,578 (8.8%) versus the prior year and $2,726 versus the prior month.
For the 2022-06-01 period, Sheboygan had 97 MLS listings, a difference of 15 listings (18%) versus the prior month and -22 listings (-18%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Sheboygan (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,740 sqft |
2018-02-01 | 0 days | 1,744 sqft |
2018-03-01 | 0 days | 1,825 sqft |
2018-04-01 | 0 days | 1,764 sqft |
2018-05-01 | 0 days | 1,800 sqft |
2018-06-01 | 0 days | 1,858 sqft |
2018-07-01 | 0 days | 1,836 sqft |
2018-08-01 | 0 days | 1,747 sqft |
2018-09-01 | 0 days | 1,736 sqft |
2018-10-01 | 0 days | 1,736 sqft |
2018-11-01 | 0 days | 1,758 sqft |
2018-12-01 | 0 days | 1,660 sqft |
2019-01-01 | 0 days | 1,648 sqft |
2019-02-01 | 0 days | 1,611 sqft |
2019-03-01 | 0 days | 1,622 sqft |
2019-04-01 | 0 days | 1,677 sqft |
2019-05-01 | 0 days | 1,697 sqft |
2019-06-01 | 0 days | 1,674 sqft |
2019-07-01 | 0 days | 1,701 sqft |
2019-08-01 | 0 days | 1,686 sqft |
2019-09-01 | 0 days | 1,687 sqft |
2019-10-01 | 0 days | 1,688 sqft |
2019-11-01 | 0 days | 1,607 sqft |
2019-12-01 | 0 days | 1,564 sqft |
2020-01-01 | 0 days | 1,628 sqft |
2020-02-01 | 0 days | 1,701 sqft |
2020-03-01 | 0 days | 1,661 sqft |
2020-04-01 | 0 days | 1,715 sqft |
2020-05-01 | 0 days | 1,750 sqft |
2020-06-01 | 0 days | 1,866 sqft |
2020-07-01 | 0 days | 1,793 sqft |
2020-08-01 | 0 days | 1,792 sqft |
2020-09-01 | 0 days | 1,679 sqft |
2020-10-01 | 0 days | 1,610 sqft |
2020-11-01 | 0 days | 1,566 sqft |
2020-12-01 | 0 days | 1,545 sqft |
2021-01-01 | 0 days | 1,562 sqft |
2021-02-01 | 0 days | 1,534 sqft |
2021-03-01 | 0 days | 1,505 sqft |
2021-04-01 | 0 days | 1,585 sqft |
2021-05-01 | 0 days | 1,724 sqft |
2021-06-01 | 0 days | 1,688 sqft |
2021-07-01 | 0 days | 1,632 sqft |
2021-08-01 | 0 days | 1,715 sqft |
2021-09-01 | 0 days | 1,668 sqft |
2021-10-01 | 0 days | 1,789 sqft |
2021-11-01 | 0 days | 1,631 sqft |
2021-12-01 | 0 days | 1,561 sqft |
2022-01-01 | 0 days | 1,568 sqft |
2022-02-01 | 0 days | 1,560 sqft |
2022-03-01 | 0 days | 1,803 sqft |
2022-04-01 | 0 days | 1,785 sqft |
2022-05-01 | 0 days | 1,865 sqft |
2022-06-01 | 0 days | 1,873 sqft |
Sheboygan's median square footage for active listings during the 2022-06-01 period was 1,873 sqft. One year prior, the average listing was 1,688 sqft.