Sioux City USDA Loan Rates, Closing Costs & Stats

SIOUX CITY, IA-NE-SD

  • 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.

    Sioux City's 3 lenders originated 5 USDA loans during 2024. The total origination value was $845,000, with an average USDA loan value of $169,000.

    Sioux City USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Sioux City averaged -0.16% for the week of 2025-07-04, compared to the national average (all USDA variants) of 0% for the same period.

    Sioux City's average USDA mortgage closing costs are $4,157.

    The average rate for the prior week (2025-06-27) was 6.47% and one month ago for the week of 2025-05-30, the average rate was 6.76%.

    The average rate one year ago was 6.85%.

    For refis of the same type during the week of 2025-07-04, the average rate was -0.52%.

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

    Sioux City 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 Sioux City level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Plains Commerce Bank 2 5.44% $4,998
    CHARTER WEST BANK 1 5.75% $5,015
    Community Mortgage Banc Corporation 1 6.50% $4,759

    The top Sioux City USDA lender as defined by loan originations is Plains Commerce Bank, with 2 USDA loans originated. Their average total fees are $4,998, which is $17 lower than the next largest lender, CHARTER WEST BANK.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Sioux City (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 $206,000 (14.5%) $264,028 (7.2%) 0.74 295
    2018-02-01 $209,788 (17.0%) $267,782 (14.2%) 0.75 282
    2018-03-01 $219,900 (18.0%) $259,655 (7.2%) 0.71 287
    2018-04-01 $218,175 (12.8%) $256,267 (5.0%) 0.69 307
    2018-05-01 $225,000 (18.1%) $262,812 (3.6%) 0.70 295
    2018-06-01 $220,000 (15.8%) $263,302 (4.4%) 0.72 297
    2018-07-01 $224,950 (12.8%) $268,749 (7.5%) 0.73 298
    2018-08-01 $213,975 (8.1%) $260,262 (4.2%) 0.69 298
    2018-09-01 $204,500 (2.8%) $256,206 (1.1%) 0.70 323
    2018-10-01 $210,463 (5.3%) $255,734 (0.8%) 0.72 323
    2018-11-01 $203,000 (2.0%) $252,357 (2.5%) 0.70 334
    2018-12-01 $199,900 (-0.1%) $255,911 (-1.5%) 0.70 326
    2019-01-01 $196,624 (-4.6%) $245,541 (-7.0%) 0.69 326
    2019-02-01 $212,988 (1.5%) $250,438 (-6.5%) 0.72 299
    2019-03-01 $229,979 (4.6%) $264,185 (1.7%) 0.73 275
    2019-04-01 $249,963 (14.6%) $285,470 (11.4%) 0.76 255
    2019-05-01 $250,965 (11.5%) $299,162 (13.8%) 0.76 258
    2019-06-01 $259,000 (17.7%) $304,896 (15.8%) 0.77 267
    2019-07-01 $245,000 (8.9%) $291,915 (8.6%) 0.73 276
    2019-08-01 $234,766 (9.7%) $283,252 (8.8%) 0.71 299
    2019-09-01 $219,415 (7.3%) $268,545 (4.8%) 0.69 331
    2019-10-01 $205,213 (-2.5%) $256,870 (0.4%) 0.63 362
    2019-11-01 $199,950 (-1.5%) $251,561 (-0.3%) 0.62 357
    2019-12-01 $197,725 (-1.1%) $250,771 (-2.0%) 0.64 333
    2020-01-01 $199,125 (1.3%) $251,983 (2.6%) 0.64 319
    2020-02-01 $199,700 (-6.2%) $254,828 (1.8%) 0.64 292
    2020-03-01 $214,700 (-6.6%) $261,794 (-0.9%) 0.63 285
    2020-04-01 $219,950 (-12.0%) $264,407 (-7.4%) 0.69 281
    2020-05-01 $232,500 (-7.4%) $275,857 (-7.8%) 0.70 292
    2020-06-01 $234,913 (-9.3%) $272,724 (-10.6%) 0.68 311
    2020-07-01 $238,600 (-2.6%) $276,174 (-5.4%) 0.68 282
    2020-08-01 $225,000 (-4.2%) $275,181 (-2.9%) 0.64 262
    2020-09-01 $223,500 (1.9%) $278,026 (3.5%) 0.64 259
    2020-10-01 $221,950 (8.2%) $276,867 (7.8%) 0.62 242
    2020-11-01 $219,725 (9.9%) $278,962 (10.9%) 0.63 235
    2020-12-01 $227,475 (15.1%) $275,846 (10.0%) 0.68 204
    2021-01-01 $248,450 (24.8%) $286,919 (13.9%) 0.73 181
    2021-02-01 $262,500 (31.5%) $299,754 (17.6%) 0.73 167
    2021-03-01 $269,925 (25.7%) $304,698 (16.4%) 0.73 157
    2021-04-01 $280,950 (27.7%) $321,419 (21.6%) 0.75 145
    2021-05-01 $259,900 (11.8%) $307,750 (11.6%) 0.70 146
    2021-06-01 $254,950 (8.5%) $293,846 (7.7%) 0.69 157
    2021-07-01 $229,000 (-4.0%) $285,765 (3.5%) 0.61 169
    2021-08-01 $221,200 (-1.7%) $288,245 (4.8%) 0.60 197
    2021-09-01 $201,213 (-10.0%) $268,988 (-3.3%) 0.54 193
    2021-10-01 $199,250 (-10.2%) $260,753 (-5.8%) 0.53 192
    2021-11-01 $192,850 (-12.2%) $296,988 (6.5%) 0.51 171
    2021-12-01 $203,725 (-10.4%) $316,086 (14.6%) 0.55 143
    2022-01-01 $205,000 (-17.5%) $349,540 (21.8%) 0.55 111
    2022-02-01 $298,250 (13.6%) $393,317 (31.2%) 0.74 108
    2022-03-01 $307,500 (13.9%) $402,874 (32.2%) 0.73 97
    2022-04-01 $300,000 (6.8%) $391,673 (21.9%) 0.73 103
    2022-05-01 $307,250 (18.2%) $402,708 (30.9%) 0.69 120
    2022-06-01 $312,000 (22.4%) $405,527 (38.0%) 0.68 141
    2022-07-01 $295,000 (28.8%) $377,764 (32.2%) 0.66 170
    2022-08-01 $290,000 (31.1%) $375,894 (30.4%) 0.66 174
    2022-09-01 $279,950 (39.1%) $369,295 (37.3%) 0.00 177
    2022-10-01 $297,000 (49.1%) $355,854 (36.5%) 0.00 181
    2022-11-01 $297,100 (54.1%) $353,361 (19.0%) 0.00 216
    2022-12-01 $314,700 (54.5%) $393,947 (24.6%) 0.00 215
    2023-01-01 $315,275 (53.8%) $400,723 (14.6%) 0.00 191
    2023-02-01 $315,750 (5.9%) $409,045 (4.0%) 0.00 189
    2023-03-01 $339,500 (10.4%) $431,840 (7.2%) 0.00 177
    2023-04-01 $360,000 (20.0%) $439,465 (12.2%) 0.00 170
    2023-05-01 $336,844 (9.6%) $433,404 (7.6%) 0.00 181
    2023-06-01 $346,000 (10.9%) $435,517 (7.4%) 0.00 191
    2023-07-01 $339,900 (15.2%) $416,611 (10.3%) 0.00 203
    2023-08-01 $319,475 (10.2%) $409,050 (8.8%) 0.00 212
    2023-09-01 $284,975 (1.8%) $388,697 (5.3%) 0.00 252
    2023-10-01 $271,363 (-8.6%) $380,814 (7.0%) 0.00 246
    2023-11-01 $252,400 (-15.1%) $352,598 (-0.2%) 0.00 259
    2023-12-01 $252,950 (-19.6%) $357,123 (-9.4%) 0.00 241
    2024-01-01 $252,000 (-20.1%) $357,508 (-10.8%) 0.00 220
    2024-02-01 $250,363 (-20.7%) $363,934 (-11.0%) 0.00 203
    2024-03-01 $284,950 (-16.1%) $385,642 (-10.7%) 0.00 223
    2024-04-01 $304,988 (-15.3%) $387,663 (-11.8%) 0.00 233
    2024-05-01 $324,988 (-3.5%) $397,509 (-8.3%) 0.00 241
    2024-06-01 $315,000 (-9.0%) $388,019 (-10.9%) 0.00 252
    2024-07-01 $306,125 (-9.9%) $377,818 (-9.3%) 0.00 263
    2024-08-01 $279,000 (-12.7%) $365,937 (-10.5%) 0.00 268
    2024-09-01 $295,000 (3.5%) $375,589 (-3.4%) 0.00 268
    2024-10-01 $284,450 (4.8%) $374,510 (-1.7%) 0.00 260
    2024-11-01 $282,500 (11.9%) $362,525 (2.8%) 0.00 253
    2024-12-01 $289,725 (14.5%) $356,378 (-0.2%) 0.00 230
    2025-01-01 $295,983 (17.5%) $361,439 (1.1%) 0.00 216
    2025-02-01 $299,950 (19.8%) $377,717 (3.8%) 0.00 217
    2025-03-01 $299,950 (5.3%) $396,273 (2.8%) 0.00 213
    2025-04-01 $304,000 (-0.3%) $401,553 (3.6%) 0.00 218
    2025-05-01 $310,000 (-4.6%) $410,788 (3.3%) 0.00 235
    Sioux City's median listing price for 2025-05-01 was $310,000, a difference of $-14,988 (-4.6%) versus the prior year and $6,000 versus the prior month.

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

    Sioux City's average listing price for 2025-05-01 was $410,788, a difference of $13,279 (3.3%) versus the prior year and $9,235 versus the prior month.

    For the 2025-05-01 period, Sioux City had 235 MLS listings, a difference of 17 listings (8%) versus the prior month and -6 listings (-2%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Sioux City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 95 days 1,904 sqft
    2018-02-01 94 days 1,961 sqft
    2018-03-01 74 days 1,910 sqft
    2018-04-01 50 days 1,904 sqft
    2018-05-01 53 days 1,947 sqft
    2018-06-01 57 days 1,952 sqft
    2018-07-01 61 days 1,950 sqft
    2018-08-01 58 days 2,016 sqft
    2018-09-01 51 days 1,964 sqft
    2018-10-01 58 days 1,978 sqft
    2018-11-01 59 days 1,918 sqft
    2018-12-01 72 days 1,899 sqft
    2019-01-01 88 days 1,878 sqft
    2019-02-01 95 days 1,816 sqft
    2019-03-01 90 days 1,844 sqft
    2019-04-01 64 days 1,890 sqft
    2019-05-01 48 days 1,969 sqft
    2019-06-01 56 days 2,016 sqft
    2019-07-01 52 days 1,980 sqft
    2019-08-01 55 days 1,967 sqft
    2019-09-01 51 days 1,949 sqft
    2019-10-01 49 days 1,924 sqft
    2019-11-01 59 days 1,917 sqft
    2019-12-01 72 days 1,937 sqft
    2020-01-01 84 days 1,933 sqft
    2020-02-01 80 days 1,932 sqft
    2020-03-01 63 days 1,960 sqft
    2020-04-01 67 days 1,910 sqft
    2020-05-01 64 days 1,932 sqft
    2020-06-01 54 days 1,920 sqft
    2020-07-01 57 days 1,905 sqft
    2020-08-01 65 days 1,820 sqft
    2020-09-01 58 days 1,833 sqft
    2020-10-01 55 days 1,898 sqft
    2020-11-01 58 days 1,830 sqft
    2020-12-01 71 days 1,737 sqft
    2021-01-01 85 days 1,751 sqft
    2021-02-01 94 days 1,731 sqft
    2021-03-01 64 days 1,790 sqft
    2021-04-01 50 days 1,914 sqft
    2021-05-01 38 days 1,864 sqft
    2021-06-01 37 days 1,862 sqft
    2021-07-01 32 days 1,836 sqft
    2021-08-01 38 days 1,711 sqft
    2021-09-01 41 days 1,622 sqft
    2021-10-01 37 days 1,658 sqft
    2021-11-01 45 days 1,610 sqft
    2021-12-01 55 days 1,591 sqft
    2022-01-01 67 days 1,550 sqft
    2022-02-01 37 days 1,687 sqft
    2022-03-01 46 days 1,744 sqft
    2022-04-01 38 days 1,730 sqft
    2022-05-01 34 days 1,793 sqft
    2022-06-01 30 days 1,920 sqft
    2022-07-01 35 days 1,877 sqft
    2022-08-01 39 days 1,895 sqft
    2022-09-01 0 days 1,882 sqft
    2022-10-01 0 days 1,977 sqft
    2022-11-01 0 days 1,916 sqft
    2022-12-01 0 days 2,098 sqft
    2023-01-01 0 days 2,139 sqft
    2023-02-01 0 days 2,135 sqft
    2023-03-01 0 days 2,239 sqft
    2023-04-01 0 days 2,352 sqft
    2023-05-01 0 days 2,096 sqft
    2023-06-01 0 days 2,167 sqft
    2023-07-01 0 days 2,072 sqft
    2023-08-01 0 days 2,100 sqft
    2023-09-01 0 days 2,062 sqft
    2023-10-01 0 days 1,981 sqft
    2023-11-01 0 days 1,845 sqft
    2023-12-01 0 days 1,822 sqft
    2024-01-01 0 days 1,809 sqft
    2024-02-01 0 days 1,844 sqft
    2024-03-01 0 days 1,884 sqft
    2024-04-01 0 days 2,045 sqft
    2024-05-01 0 days 2,026 sqft
    2024-06-01 0 days 2,092 sqft
    2024-07-01 0 days 1,976 sqft
    2024-08-01 0 days 1,980 sqft
    2024-09-01 0 days 2,013 sqft
    2024-10-01 0 days 1,990 sqft
    2024-11-01 0 days 1,912 sqft
    2024-12-01 0 days 1,820 sqft
    2025-01-01 0 days 1,839 sqft
    2025-02-01 0 days 1,865 sqft
    2025-03-01 0 days 1,919 sqft
    2025-04-01 0 days 1,927 sqft
    2025-05-01 0 days 2,050 sqft
    Sioux City's median listing age (time on market) for 2025-05-01 was 0 days.

    Sioux City's median square footage for active listings during the 2025-05-01 period was 2,050 sqft. One year prior, the average listing was 2,026 sqft.