Shreveport USDA Loan Rates, Closing Costs & Stats

SHREVEPORT-BOSSIER CITY, LA

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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 26 lenders originated 104 USDA loans during 2024. The total origination value was $19,450,000, with an average USDA loan value of $187,019.

    Shreveport USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Shreveport averaged 6.46% for the week of 2025-04-11, compared to the national average (all USDA variants) of 6.449% for the same period.

    Shreveport's average USDA mortgage closing costs are $5,507.

    The average rate for the prior week (2025-04-04) was 6.21% and one month ago for the week of 2025-03-07, the average rate was 6.38%.

    The average rate one year ago was 6.64%.

    For refis of the same type during the week of 2025-04-11, the average rate was 6.09%.

    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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    PLANET HOME LENDING, LLC 12 6.59% $7,946
    Equity Prime Mortgage LLC 10 6.38% $6,243
    DSLD MORTGAGE, LLC 9 5.53% $3,712
    EUSTIS AND AMERICAN MORTGAGE COMPANY 9 6.46% $8,093
    GUILD MORTGAGE COMPANY 6 6.73% $5,529
    UNITED WHOLESALE MORTGAGE, LLC 5 5.86% $9,987
    FIDELITY BANK 5 6.41% $6,119
    Assurance Financial Group, L.L.C. 4 6.91% $6,919
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.88% $6,336
    S1L, Inc. 3 6.92% $5,005
    Red River Bank 3 6.12% $5,684
    GUARANTEED RATE, INC. 2 6.44% $6,540
    TOWNE MORTGAGE COMPANY 2 6.44% $5,281
    PIERREMONT MORTGAGE, INC. 2 5.94% $2,690
    PLAZA HOME MORTGAGE, INC. 2 7.25% $5,748
    FIRST COMMUNITY MORTGAGE, INC. 2 6.88% $6,769
    MOVEMENT MORTGAGE, LLC 2 6.94% $7,227
    GENEVA FINANCIAL, LLC 1 7.13% $5,299
    CARDINAL FINANCIAL 1 6.25% $5,982
    Home Federal Bank 1 7.25% $3,633
    LOANDEPOT.COM, LLC 1 7.25% $6,386
    NEWREZ LLC 1 6.25% $5,742
    Carrington Mortgage Services, LLC 1 7.00% $8,171
    SECURITYNATIONAL MORTGAGE COMPANY 1 6.49% $7,629
    SUCCESS MORTGAGE PARTNERS, INC. 1 7.63% $7,878
    UNION HOME MORTGAGE CORP. 1 6.50% $7,379

    The top Shreveport USDA lender as defined by loan originations is PLANET HOME LENDING, LLC, with 12 USDA loans originated. Their average total fees are $7,946, which is $1,704 higher than the next largest lender, Equity Prime Mortgage LLC.

    The lowest fee Shreveport USDA lenders (with over 10 loans originated) are Equity Prime Mortgage LLC ($6,243), PLANET HOME LENDING, LLC ($7,946), .

    The lowest rate Shreveport USDA lenders (with over 10 loans originated) are Equity Prime Mortgage LLC (6.38%), PLANET HOME LENDING, LLC (6.59%), .

    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%) 0.60 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%) 0.55 1,126
    2024-06-01 $239,000 (-3.4%) $297,236 (3.7%) 0.54 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%) 0.62 1,303
    2025-02-01 $252,500 (2.8%) $313,646 (6.6%) 0.61 1,267
    2025-03-01 $250,000 (3.1%) $311,591 (5.5%) 0.00 1,307
    Shreveport's median listing price for 2025-03-01 was $250,000, a difference of $7,500 (3.1%) versus the prior year and $-2,500 versus the prior month.

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

    Shreveport's average listing price for 2025-03-01 was $311,591, a difference of $16,153 (5.5%) versus the prior year and $-2,055 versus the prior month.

    For the 2025-03-01 period, Shreveport had 1,307 MLS listings, a difference of 40 listings (3%) versus the prior month and 250 listings (24%) 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 67 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 69 days 1,863 sqft
    2021-01-01 70 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 48 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 52 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 80 days 1,814 sqft
    2025-02-01 77 days 1,862 sqft
    2025-03-01 0 days 1,888 sqft
    Shreveport's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

    Shreveport's median square footage for active listings during the 2025-03-01 period was 1,888 sqft. One year prior, the average listing was 1,842 sqft.