Sheboygan USDA Loan Rates, Closing Costs & Stats
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 2 lenders originated 2 USDA loans during 2023. The total origination value was $480,000, with an average USDA loan value of $240,000.
Sheboygan USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Sheboygan
averaged
6.93%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Sheboygan's average USDA mortgage closing costs are $4,296.
The average rate for the prior week (2024-04-12) was
6.58% and
one month ago for the week of 2024-03-15, the
average rate was 6.76%.
The average rate one year ago was 6.4%.
For refis of the same type during the week of 2024-04-19, the average rate
was 7.06%.
Sheboygan 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 Sheboygan level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | 1 | 7.00% | $8,484 |
| CMG MORTGAGE, INC. | 1 | 7.25% | $5,764 |
The top Sheboygan USDA lender as defined by loan originations is ARK-LA-TEX FINANCIAL SERVICES, LLC., with
1 USDA loans originated. Their average total fees are
$8,484, which is $2,720
higher than the next largest lender,
CMG MORTGAGE, INC..
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. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $196,700 (40.6%) | $256,376 (21.9%) | 0.00 | 358 |
| 2018-02-01 | $192,450 (32.8%) | $251,430 (19.0%) | 0.00 | 349 |
| 2018-03-01 | $199,900 (34.1%) | $260,816 (19.4%) | 0.00 | 376 |
| 2018-04-01 | $214,850 (34.4%) | $273,351 (17.8%) | 0.00 | 386 |
| 2018-05-01 | $217,500 (28.2%) | $281,665 (18.1%) | 0.00 | 386 |
| 2018-06-01 | $216,000 (25.3%) | $280,808 (14.7%) | 0.00 | 418 |
| 2018-07-01 | $218,250 (21.3%) | $282,382 (10.3%) | 0.00 | 428 |
| 2018-08-01 | $218,500 (21.1%) | $275,417 (7.6%) | 0.00 | 461 |
| 2018-09-01 | $204,941 (2.5%) | $276,677 (4.9%) | 0.00 | 461 |
| 2018-10-01 | $210,000 (0.1%) | $277,356 (7.1%) | 0.00 | 455 |
| 2018-11-01 | $210,000 (-1.8%) | $273,263 (4.0%) | 0.00 | 444 |
| 2018-12-01 | $199,900 (1.1%) | $275,101 (7.1%) | 0.00 | 367 |
| 2019-01-01 | $199,900 (1.6%) | $271,813 (6.0%) | 0.00 | 337 |
| 2019-02-01 | $199,900 (3.9%) | $267,350 (6.3%) | 0.00 | 338 |
| 2019-03-01 | $204,636 (2.4%) | $268,585 (3.0%) | 0.00 | 353 |
| 2019-04-01 | $227,200 (5.8%) | $289,042 (5.7%) | 0.00 | 378 |
| 2019-05-01 | $232,175 (6.8%) | $290,434 (3.1%) | 0.00 | 379 |
| 2019-06-01 | $209,800 (-2.9%) | $275,693 (-1.8%) | 0.00 | 415 |
| 2019-07-01 | $215,950 (-1.1%) | $279,758 (-0.9%) | 0.00 | 441 |
| 2019-08-01 | $214,914 (-1.6%) | $276,436 (0.4%) | 0.00 | 444 |
| 2019-09-01 | $214,934 (4.9%) | $273,961 (-1.0%) | 0.00 | 440 |
| 2019-10-01 | $214,923 (2.3%) | $272,586 (-1.7%) | 0.00 | 434 |
| 2019-11-01 | $227,450 (8.3%) | $272,577 (-0.3%) | 0.00 | 428 |
| 2019-12-01 | $225,250 (12.7%) | $266,925 (-3.0%) | 0.00 | 373 |
| 2020-01-01 | $224,950 (12.5%) | $267,474 (-1.6%) | 0.00 | 319 |
| 2020-02-01 | $227,000 (13.6%) | $276,147 (3.3%) | 0.00 | 323 |
| 2020-03-01 | $229,675 (12.2%) | $283,829 (5.7%) | 0.00 | 326 |
| 2020-04-01 | $237,700 (4.6%) | $286,105 (-1.0%) | 0.00 | 309 |
| 2020-05-01 | $237,450 (2.3%) | $295,437 (1.7%) | 0.00 | 309 |
| 2020-06-01 | $229,900 (9.6%) | $298,153 (8.2%) | 0.00 | 307 |
| 2020-07-01 | $227,000 (5.1%) | $291,892 (4.3%) | 0.00 | 318 |
| 2020-08-01 | $229,000 (6.6%) | $291,534 (5.5%) | 0.00 | 338 |
| 2020-09-01 | $213,575 (-0.6%) | $282,683 (3.2%) | 0.00 | 345 |
| 2020-10-01 | $199,900 (-7.0%) | $275,310 (1.0%) | 0.00 | 323 |
| 2020-11-01 | $199,900 (-12.1%) | $271,203 (-0.5%) | 0.00 | 291 |
| 2020-12-01 | $197,400 (-12.4%) | $274,275 (2.8%) | 0.00 | 249 |
| 2021-01-01 | $198,450 (-11.8%) | $272,847 (2.0%) | 0.00 | 213 |
| 2021-02-01 | $219,925 (-3.1%) | $278,888 (1.0%) | 0.00 | 194 |
| 2021-03-01 | $227,400 (-1.0%) | $289,529 (2.0%) | 0.00 | 204 |
| 2021-04-01 | $219,900 (-7.5%) | $288,287 (0.8%) | 0.00 | 221 |
| 2021-05-01 | $229,000 (-3.6%) | $313,438 (6.1%) | 0.00 | 259 |
| 2021-06-01 | $229,950 (0.0%) | $312,114 (4.7%) | 0.00 | 281 |
| 2021-07-01 | $229,950 (1.3%) | $324,233 (11.1%) | 0.00 | 279 |
| 2021-08-01 | $233,575 (2.0%) | $309,657 (6.2%) | 0.00 | 292 |
| 2021-09-01 | $236,825 (10.9%) | $305,251 (8.0%) | 0.00 | 289 |
| 2021-10-01 | $240,000 (20.1%) | $306,729 (11.4%) | 0.00 | 277 |
| 2021-11-01 | $249,900 (25.0%) | $298,072 (9.9%) | 0.00 | 239 |
| 2021-12-01 | $243,725 (23.5%) | $291,835 (6.4%) | 0.00 | 203 |
| 2022-01-01 | $239,000 (20.4%) | $301,018 (10.3%) | 0.00 | 164 |
| 2022-02-01 | $237,875 (8.2%) | $297,633 (6.7%) | 0.00 | 152 |
| 2022-03-01 | $243,325 (7.0%) | $320,536 (10.7%) | 0.00 | 140 |
| 2022-04-01 | $274,900 (25.0%) | $331,616 (15.0%) | 0.00 | 149 |
| 2022-05-01 | $292,475 (27.7%) | $338,866 (8.1%) | 0.00 | 198 |
| 2022-06-01 | $287,450 (25.0%) | $350,265 (12.2%) | 0.00 | 225 |
| 2022-07-01 | $279,950 (21.7%) | $356,199 (9.9%) | 0.00 | 224 |
| 2022-08-01 | $266,925 (14.3%) | $352,060 (13.7%) | 0.00 | 224 |
| 2022-09-01 | $269,900 (14.0%) | $343,668 (12.6%) | 0.00 | 226 |
| 2022-10-01 | $275,000 (14.6%) | $348,406 (13.6%) | 0.00 | 200 |
| 2022-11-01 | $276,225 (10.5%) | $334,811 (12.3%) | 0.00 | 191 |
| 2022-12-01 | $299,450 (22.9%) | $335,468 (15.0%) | 0.00 | 155 |
| 2023-01-01 | $307,200 (28.5%) | $350,078 (16.3%) | 0.00 | 131 |
| 2023-02-01 | $280,925 (18.1%) | $350,338 (17.7%) | 0.00 | 147 |
| 2023-03-01 | $356,400 (46.5%) | $363,084 (13.3%) | 0.00 | 157 |
| 2023-04-01 | $325,000 (18.2%) | $353,857 (6.7%) | 0.00 | 165 |
| 2023-05-01 | $327,425 (12.0%) | $366,472 (8.2%) | 0.00 | 174 |
| 2023-06-01 | $318,100 (10.7%) | $360,132 (2.8%) | 0.00 | 188 |
| 2023-07-01 | $315,000 (12.5%) | $350,384 (-1.6%) | 0.00 | 196 |
| 2023-08-01 | $319,700 (19.8%) | $343,667 (-2.4%) | 0.00 | 204 |
| 2023-09-01 | $341,900 (26.7%) | $350,945 (2.1%) | 0.00 | 186 |
| 2023-10-01 | $330,475 (20.2%) | $351,523 (0.9%) | 0.00 | 181 |
| 2023-11-01 | $326,225 (18.1%) | $354,995 (6.0%) | 0.00 | 172 |
| 2023-12-01 | $329,900 (10.2%) | $361,178 (7.7%) | 0.00 | 159 |
| 2024-01-01 | $345,675 (12.5%) | $380,656 (8.7%) | 0.00 | 123 |
| 2024-02-01 | $374,900 (33.5%) | $444,934 (27.0%) | 0.00 | 117 |
| 2024-03-01 | $334,900 (-6.0%) | $465,054 (28.1%) | 0.00 | 123 |
Sheboygan's median listing price comes in at 0% of the national average.
Sheboygan's average listing price for 2024-03-01 was $465,054, a difference of $101,970 (28.1%) versus the prior year and $20,120 versus the prior month.
For the 2024-03-01 period, Sheboygan had 123 MLS listings, a difference of 6 listings (5%) versus the prior month and -34 listings (-22%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Sheboygan (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,674 sqft |
| 2018-02-01 | 0 days | 1,673 sqft |
| 2018-03-01 | 0 days | 1,687 sqft |
| 2018-04-01 | 0 days | 1,729 sqft |
| 2018-05-01 | 0 days | 1,725 sqft |
| 2018-06-01 | 0 days | 1,751 sqft |
| 2018-07-01 | 0 days | 1,755 sqft |
| 2018-08-01 | 0 days | 1,694 sqft |
| 2018-09-01 | 0 days | 1,665 sqft |
| 2018-10-01 | 0 days | 1,682 sqft |
| 2018-11-01 | 0 days | 1,701 sqft |
| 2018-12-01 | 0 days | 1,688 sqft |
| 2019-01-01 | 0 days | 1,681 sqft |
| 2019-02-01 | 0 days | 1,623 sqft |
| 2019-03-01 | 0 days | 1,589 sqft |
| 2019-04-01 | 0 days | 1,577 sqft |
| 2019-05-01 | 0 days | 1,602 sqft |
| 2019-06-01 | 0 days | 1,610 sqft |
| 2019-07-01 | 0 days | 1,649 sqft |
| 2019-08-01 | 0 days | 1,646 sqft |
| 2019-09-01 | 0 days | 1,636 sqft |
| 2019-10-01 | 0 days | 1,630 sqft |
| 2019-11-01 | 0 days | 1,600 sqft |
| 2019-12-01 | 0 days | 1,614 sqft |
| 2020-01-01 | 0 days | 1,644 sqft |
| 2020-02-01 | 0 days | 1,634 sqft |
| 2020-03-01 | 0 days | 1,634 sqft |
| 2020-04-01 | 0 days | 1,687 sqft |
| 2020-05-01 | 0 days | 1,687 sqft |
| 2020-06-01 | 0 days | 1,722 sqft |
| 2020-07-01 | 0 days | 1,706 sqft |
| 2020-08-01 | 0 days | 1,670 sqft |
| 2020-09-01 | 0 days | 1,618 sqft |
| 2020-10-01 | 0 days | 1,602 sqft |
| 2020-11-01 | 0 days | 1,550 sqft |
| 2020-12-01 | 0 days | 1,534 sqft |
| 2021-01-01 | 0 days | 1,546 sqft |
| 2021-02-01 | 0 days | 1,576 sqft |
| 2021-03-01 | 0 days | 1,580 sqft |
| 2021-04-01 | 0 days | 1,569 sqft |
| 2021-05-01 | 0 days | 1,623 sqft |
| 2021-06-01 | 0 days | 1,639 sqft |
| 2021-07-01 | 0 days | 1,581 sqft |
| 2021-08-01 | 0 days | 1,576 sqft |
| 2021-09-01 | 0 days | 1,623 sqft |
| 2021-10-01 | 0 days | 1,632 sqft |
| 2021-11-01 | 0 days | 1,589 sqft |
| 2021-12-01 | 0 days | 1,558 sqft |
| 2022-01-01 | 0 days | 1,562 sqft |
| 2022-02-01 | 0 days | 1,573 sqft |
| 2022-03-01 | 0 days | 1,683 sqft |
| 2022-04-01 | 0 days | 1,698 sqft |
| 2022-05-01 | 0 days | 1,722 sqft |
| 2022-06-01 | 0 days | 1,741 sqft |
| 2022-07-01 | 0 days | 1,748 sqft |
| 2022-08-01 | 0 days | 1,681 sqft |
| 2022-09-01 | 0 days | 1,717 sqft |
| 2022-10-01 | 0 days | 1,675 sqft |
| 2022-11-01 | 0 days | 1,635 sqft |
| 2022-12-01 | 0 days | 1,648 sqft |
| 2023-01-01 | 0 days | 1,646 sqft |
| 2023-02-01 | 0 days | 1,600 sqft |
| 2023-03-01 | 0 days | 1,552 sqft |
| 2023-04-01 | 0 days | 1,564 sqft |
| 2023-05-01 | 0 days | 1,632 sqft |
| 2023-06-01 | 0 days | 1,649 sqft |
| 2023-07-01 | 0 days | 1,645 sqft |
| 2023-08-01 | 0 days | 1,577 sqft |
| 2023-09-01 | 0 days | 1,549 sqft |
| 2023-10-01 | 0 days | 1,580 sqft |
| 2023-11-01 | 0 days | 1,593 sqft |
| 2023-12-01 | 0 days | 1,593 sqft |
| 2024-01-01 | 0 days | 1,571 sqft |
| 2024-02-01 | 0 days | 1,523 sqft |
| 2024-03-01 | 0 days | 1,545 sqft |
Sheboygan's median square footage for active listings during the 2024-03-01 period was 1,545 sqft. One year prior, the average listing was 1,552 sqft.