Shreveport USDA Loan Rates, Closing Costs & Stats

SHREVEPORT-BOSSIER CITY, LA

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    • 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.

    Shreveport's 29 lenders originated 99 USDA loans during 2023. The total origination value was $19,535,000, with an average USDA loan value of $197,323.

    Shreveport USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Shreveport averaged 6.28% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Shreveport's average USDA mortgage closing costs are $5,435.

    The average rate for the prior week (2025-02-07) was 6.64% and one month ago for the week of 2025-01-10, the average rate was 6.59%.

    The average rate one year ago was 6.38%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.03%.

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

    Shreveport 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 Shreveport level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    PLANET HOME LENDING, LLC 9 6.25% $6,507
    EUSTIS AND AMERICAN MORTGAGE COMPANY 8 7.05% $8,264
    NEWREZ LLC 7 6.79% $7,032
    UNITED WHOLESALE MORTGAGE, LLC 5 6.59% $7,131
    MOVEMENT MORTGAGE, LLC 5 6.85% $6,373
    DSLD MORTGAGE, LLC 5 6.17% $3,980
    GUILD MORTGAGE COMPANY 5 7.13% $7,178
    Assurance Financial Group, L.L.C. 4 7.13% $7,251
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 7.13% $8,189
    FIDELITY BANK 4 7.09% $8,927
    Origin Bank 4 6.25% $5,028
    GUARANTEED RATE, INC. 3 6.65% $7,525
    Home Federal Bank 2 6.50% $6,949
    Gateway First Bank 2 6.25% $5,225
    DRAPER AND KRAMER MORTGAGE CORP. 2 6.87% $7,172
    PANORAMA MORTGAGE GROUP, LLC 2 6.06% $6,941
    MORTGAGE FINANCIAL SERVICES, LLC 1 5.38% $5,446
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 8.00% $5,886
    UNION HOME MORTGAGE CORP. 1 7.00% $8,138
    Citizens Bank 1 6.50% $8,630
    BROKER SOLUTIONS, INC. 1 5.63% $17,788
    FirstTrust Home Loans, Inc. 1 5.75% $9,821
    PIERREMONT MORTGAGE, INC. 1 5.75% $5,442
    CARDINAL FINANCIAL 1 5.63% $7,518
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $13,020
    ROYAL UNITED MORTGAGE LLC 1 6.63% $7,067
    Sabine State Bank and Trust Company 1 6.75% $7,165
    HOMESTAR FINANCIAL CORPORATION 1 7.25% $2,682
    LAND HOME FINANCIAL SERVICES, INC. 1 6.75% $5,594

    The top Shreveport USDA lender as defined by loan originations is PLANET HOME LENDING, LLC, with 9 USDA loans originated. Their average total fees are $6,507, which is $1,758 lower than the next largest lender, EUSTIS AND AMERICAN MORTGAGE COMPANY.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Shreveport (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 $183,950 (1.9%) $234,762 (3.1%) 0.68 2,000
    2018-02-01 $186,750 (1.0%) $237,362 (2.2%) 0.68 1,991
    2018-03-01 $189,900 (2.4%) $239,566 (1.1%) 0.67 2,009
    2018-04-01 $193,700 (2.4%) $244,094 (1.3%) 0.66 2,107
    2018-05-01 $192,875 (1.6%) $247,710 (2.2%) 0.64 2,102
    2018-06-01 $196,900 (3.8%) $250,320 (2.9%) 0.66 2,107
    2018-07-01 $194,800 (3.1%) $250,200 (4.1%) 0.65 2,169
    2018-08-01 $199,000 (6.7%) $248,492 (3.8%) 0.67 2,174
    2018-09-01 $195,450 (5.7%) $247,384 (4.4%) 0.66 2,122
    2018-10-01 $199,000 (7.6%) $249,598 (6.7%) 0.67 2,062
    2018-11-01 $195,125 (5.5%) $245,870 (5.5%) 0.66 2,049
    2018-12-01 $194,000 (5.2%) $244,477 (4.4%) 0.67 2,008
    2019-01-01 $195,925 (6.5%) $243,564 (3.8%) 0.68 1,949
    2019-02-01 $199,900 (7.0%) $244,576 (3.0%) 0.68 1,985
    2019-03-01 $201,229 (6.0%) $247,579 (3.3%) 0.66 2,016
    2019-04-01 $203,653 (5.1%) $251,679 (3.1%) 0.65 2,040
    2019-05-01 $208,418 (8.1%) $255,239 (3.0%) 0.65 2,011
    2019-06-01 $204,000 (3.6%) $250,874 (0.2%) 0.64 1,963
    2019-07-01 $200,000 (2.7%) $250,986 (0.3%) 0.63 1,964
    2019-08-01 $203,364 (2.2%) $250,558 (0.8%) 0.64 1,950
    2019-09-01 $200,909 (2.8%) $250,152 (1.1%) 0.64 1,912
    2019-10-01 $197,000 (-1.0%) $249,064 (-0.2%) 0.64 1,880
    2019-11-01 $192,900 (-1.1%) $243,826 (-0.8%) 0.63 1,819
    2019-12-01 $192,275 (-0.9%) $241,936 (-1.0%) 0.64 1,785
    2020-01-01 $192,400 (-1.8%) $245,269 (0.7%) 0.64 1,689
    2020-02-01 $190,733 (-4.6%) $245,545 (0.4%) 0.62 1,657
    2020-03-01 $195,563 (-2.8%) $251,873 (1.7%) 0.61 1,669
    2020-04-01 $199,900 (-1.8%) $254,736 (1.2%) 0.63 1,651
    2020-05-01 $208,000 (-0.2%) $256,462 (0.5%) 0.63 1,540
    2020-06-01 $209,950 (2.9%) $271,830 (8.4%) 0.62 1,290
    2020-07-01 $210,000 (5.0%) $281,385 (12.1%) 0.61 1,234
    2020-08-01 $200,000 (-1.7%) $284,022 (13.4%) 0.57 1,152
    2020-09-01 $207,725 (3.4%) $285,030 (13.9%) 0.59 1,112
    2020-10-01 $199,900 (1.5%) $277,948 (11.6%) 0.57 1,076
    2020-11-01 $193,700 (0.4%) $275,470 (13.0%) 0.57 1,044
    2020-12-01 $182,875 (-4.9%) $270,432 (11.8%) 0.54 979
    2021-01-01 $179,900 (-6.5%) $267,527 (9.1%) 0.54 938
    2021-02-01 $179,250 (-6.0%) $270,564 (10.2%) 0.52 793
    2021-03-01 $171,975 (-12.1%) $269,769 (7.1%) 0.49 768
    2021-04-01 $199,950 (0.0%) $283,421 (11.3%) 0.54 385
    2021-05-01 $180,000 (-13.5%) $259,550 (1.2%) 0.48 487
    2021-06-01 $183,500 (-12.6%) $262,154 (-3.6%) 0.48 566
    2021-07-01 $171,000 (-18.6%) $260,663 (-7.4%) 0.45 702
    2021-08-01 $168,500 (-15.8%) $248,208 (-12.6%) 0.45 756
    2021-09-01 $162,950 (-21.6%) $236,860 (-16.9%) 0.43 780
    2021-10-01 $165,000 (-17.5%) $251,286 (-9.6%) 0.44 702
    2021-11-01 $162,475 (-16.1%) $246,107 (-10.7%) 0.43 735
    2021-12-01 $162,875 (-10.9%) $242,638 (-10.3%) 0.44 718
    2022-01-01 $167,500 (-6.9%) $242,146 (-9.5%) 0.45 626
    2022-02-01 $167,075 (-6.8%) $249,169 (-7.9%) 0.43 550
    2022-03-01 $180,813 (5.1%) $278,890 (3.4%) 0.45 477
    2022-04-01 $199,900 (0.0%) $286,714 (1.2%) 0.48 485
    2022-05-01 $205,425 (14.1%) $288,842 (11.3%) 0.47 518
    2022-06-01 $229,900 (25.3%) $314,081 (19.8%) 0.51 603
    2022-07-01 $235,000 (37.4%) $316,226 (21.3%) 0.53 728
    2022-08-01 $225,000 (33.5%) $299,938 (20.8%) 0.52 762
    2022-09-01 $219,000 (34.4%) $290,493 (22.6%) 0.51 814
    2022-10-01 $220,000 (33.3%) $288,998 (15.0%) 0.52 841
    2022-11-01 $229,450 (41.2%) $291,502 (18.5%) 0.55 865
    2022-12-01 $229,000 (40.6%) $281,072 (15.8%) 0.57 854
    2023-01-01 $229,000 (36.7%) $282,286 (16.6%) 0.57 802
    2023-02-01 $229,000 (37.1%) $283,302 (13.7%) 0.55 747
    2023-03-01 $234,725 (29.8%) $289,590 (3.8%) 0.55 764
    2023-04-01 $239,950 (20.0%) $295,412 (3.0%) 0.56 793
    2023-05-01 $237,100 (15.4%) $288,860 (0.0%) 0.54 787
    2023-06-01 $247,500 (7.7%) $286,596 (-8.8%) 0.56 837
    2023-07-01 $253,600 (7.9%) $291,783 (-7.7%) 0.58 868
    2023-08-01 $247,200 (9.9%) $289,880 (-3.4%) 0.57 1,029
    2023-09-01 $245,000 (11.9%) $288,794 (-0.6%) 0.57 1,062
    2023-10-01 $246,500 (12.1%) $287,308 (-0.6%) 0.58 1,105
    2023-11-01 $249,450 (8.7%) $294,409 (1.0%) 0.59 1,152
    2023-12-01 $245,500 (7.2%) $289,758 (3.1%) 0.60 1,126
    2024-01-01 $249,900 (9.1%) $289,657 (2.6%) 0.61 1,059
    2024-02-01 $245,675 (7.3%) $294,333 (3.9%) 0.59 1,051
    2024-03-01 $242,500 (3.3%) $295,438 (2.0%) 0.57 1,057
    2024-04-01 $239,975 (0.0%) $302,326 (2.3%) 0.56 1,065
    2024-05-01 $241,675 (1.9%) $304,480 (5.4%) 0.54 1,126
    2024-06-01 $239,000 (-3.4%) $297,236 (3.7%) 0.53 1,168
    2024-07-01 $239,950 (-5.4%) $294,975 (1.1%) 0.55 1,226
    2024-08-01 $239,900 (-3.0%) $290,998 (0.4%) 0.56 1,265
    2024-09-01 $239,700 (-2.2%) $289,220 (0.2%) 0.56 1,313
    2024-10-01 $241,500 (-2.0%) $295,119 (2.7%) 0.57 1,328
    2024-11-01 $249,480 (0.0%) $304,021 (3.3%) 0.60 1,306
    2024-12-01 $243,125 (-1.0%) $300,138 (3.6%) 0.60 1,300
    2025-01-01 $247,450 (-1.0%) $298,888 (3.2%) 0.00 1,303
    Shreveport's median listing price for 2025-01-01 was $247,450, a difference of $-2,450 (-1.0%) versus the prior year and $4,325 versus the prior month.

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

    Shreveport's average listing price for 2025-01-01 was $298,888, a difference of $9,231 (3.2%) versus the prior year and $-1,250 versus the prior month.

    For the 2025-01-01 period, Shreveport had 1,303 MLS listings, a difference of 3 listings (0%) versus the prior month and 244 listings (23%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Shreveport (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 88 days 1,860 sqft
    2018-02-01 89 days 1,872 sqft
    2018-03-01 71 days 1,883 sqft
    2018-04-01 62 days 1,900 sqft
    2018-05-01 64 days 1,913 sqft
    2018-06-01 67 days 1,933 sqft
    2018-07-01 68 days 1,932 sqft
    2018-08-01 71 days 1,939 sqft
    2018-09-01 78 days 1,940 sqft
    2018-10-01 82 days 1,945 sqft
    2018-11-01 84 days 1,922 sqft
    2018-12-01 86 days 1,894 sqft
    2019-01-01 89 days 1,890 sqft
    2019-02-01 80 days 1,901 sqft
    2019-03-01 73 days 1,909 sqft
    2019-04-01 66 days 1,928 sqft
    2019-05-01 66 days 1,934 sqft
    2019-06-01 73 days 1,915 sqft
    2019-07-01 73 days 1,915 sqft
    2019-08-01 72 days 1,906 sqft
    2019-09-01 73 days 1,892 sqft
    2019-10-01 74 days 1,871 sqft
    2019-11-01 74 days 1,850 sqft
    2019-12-01 81 days 1,844 sqft
    2020-01-01 83 days 1,849 sqft
    2020-02-01 74 days 1,840 sqft
    2020-03-01 64 days 1,862 sqft
    2020-04-01 68 days 1,878 sqft
    2020-05-01 75 days 1,889 sqft
    2020-06-01 71 days 1,932 sqft
    2020-07-01 65 days 1,940 sqft
    2020-08-01 59 days 1,946 sqft
    2020-09-01 56 days 1,960 sqft
    2020-10-01 56 days 1,928 sqft
    2020-11-01 63 days 1,899 sqft
    2020-12-01 68 days 1,863 sqft
    2021-01-01 69 days 1,818 sqft
    2021-02-01 58 days 1,789 sqft
    2021-03-01 55 days 1,789 sqft
    2021-04-01 20 days 1,913 sqft
    2021-05-01 31 days 1,787 sqft
    2021-06-01 42 days 1,786 sqft
    2021-07-01 38 days 1,730 sqft
    2021-08-01 47 days 1,710 sqft
    2021-09-01 51 days 1,670 sqft
    2021-10-01 58 days 1,714 sqft
    2021-11-01 53 days 1,713 sqft
    2021-12-01 59 days 1,694 sqft
    2022-01-01 71 days 1,696 sqft
    2022-02-01 72 days 1,692 sqft
    2022-03-01 57 days 1,735 sqft
    2022-04-01 50 days 1,732 sqft
    2022-05-01 42 days 1,800 sqft
    2022-06-01 35 days 1,848 sqft
    2022-07-01 38 days 1,828 sqft
    2022-08-01 46 days 1,823 sqft
    2022-09-01 54 days 1,800 sqft
    2022-10-01 54 days 1,804 sqft
    2022-11-01 59 days 1,832 sqft
    2022-12-01 65 days 1,830 sqft
    2023-01-01 74 days 1,829 sqft
    2023-02-01 63 days 1,834 sqft
    2023-03-01 58 days 1,870 sqft
    2023-04-01 52 days 1,854 sqft
    2023-05-01 55 days 1,793 sqft
    2023-06-01 52 days 1,791 sqft
    2023-07-01 53 days 1,864 sqft
    2023-08-01 53 days 1,838 sqft
    2023-09-01 58 days 1,868 sqft
    2023-10-01 62 days 1,871 sqft
    2023-11-01 63 days 1,900 sqft
    2023-12-01 66 days 1,866 sqft
    2024-01-01 80 days 1,872 sqft
    2024-02-01 70 days 1,849 sqft
    2024-03-01 56 days 1,842 sqft
    2024-04-01 54 days 1,849 sqft
    2024-05-01 51 days 1,860 sqft
    2024-06-01 54 days 1,847 sqft
    2024-07-01 57 days 1,825 sqft
    2024-08-01 61 days 1,806 sqft
    2024-09-01 67 days 1,798 sqft
    2024-10-01 65 days 1,806 sqft
    2024-11-01 67 days 1,846 sqft
    2024-12-01 74 days 1,816 sqft
    2025-01-01 0 days 1,814 sqft
    Shreveport's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Shreveport's median square footage for active listings during the 2025-01-01 period was 1,814 sqft. One year prior, the average listing was 1,872 sqft.