St. Cloud USDA Loan Rates, Closing Costs & Stats

ST. CLOUD, MN

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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.

    St. Cloud's 12 lenders originated 17 USDA loans during 2024. The total origination value was $4,015,000, with an average USDA loan value of $236,176.

    St. Cloud USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in St. Cloud averaged 6.71% for the week of 2025-04-04, compared to the national average (all USDA variants) of 6.324% for the same period.

    St. Cloud's average USDA mortgage closing costs are $5,965.

    The average rate for the prior week (2025-03-28) was 6.37% and one month ago for the week of 2025-02-28, the average rate was 6.42%.

    The average rate one year ago was 6.58%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.4%.

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

    St. Cloud 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 St. Cloud level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNION HOME MORTGAGE CORP. 2 6.06% $7,125
    Paramount Residential Mortgage Group, Inc. 2 6.56% $10,764
    PLAZA HOME MORTGAGE, INC. 2 6.06% $8,328
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.31% $7,832
    Merchants Bank 1 6.65% $7,148
    NEWREZ LLC 1 6.75% $5,495
    American Mortgage & Equity Consultants, Inc. 1 6.63% $6,867
    Park State Bank 1 6.25% $7,342
    ST. CLOUD FINANCIAL 1 5.99% $9,120
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.13% $8,093
    Bremer Bank 1 5.63% $7,700
    BROKER SOLUTIONS, INC. 1 6.75% $8,451

    The top St. Cloud USDA lender as defined by loan originations is UNION HOME MORTGAGE CORP., with 2 USDA loans originated. Their average total fees are $7,125, which is $3,640 lower than the next largest lender, Paramount Residential Mortgage Group, Inc..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - St. Cloud (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 $212,975 (8.0%) $249,381 (4.2%) 0.79 510
    2018-02-01 $217,675 (0.1%) $259,815 (3.1%) 0.79 527
    2018-03-01 $224,900 (0.0%) $270,566 (2.0%) 0.79 541
    2018-04-01 $249,950 (12.3%) $286,099 (8.2%) 0.85 545
    2018-05-01 $249,950 (13.7%) $291,671 (11.4%) 0.83 611
    2018-06-01 $254,900 (18.3%) $293,414 (12.8%) 0.85 619
    2018-07-01 $248,350 (18.3%) $291,583 (13.7%) 0.83 651
    2018-08-01 $247,200 (17.7%) $289,484 (13.4%) 0.83 642
    2018-09-01 $240,000 (14.3%) $284,748 (11.4%) 0.81 653
    2018-10-01 $247,175 (17.8%) $284,223 (11.2%) 0.84 655
    2018-11-01 $229,950 (10.0%) $273,979 (8.4%) 0.78 620
    2018-12-01 $229,948 (9.5%) $275,031 (8.9%) 0.79 534
    2019-01-01 $232,400 (9.1%) $276,566 (10.9%) 0.80 469
    2019-02-01 $236,950 (8.9%) $278,034 (7.0%) 0.80 463
    2019-03-01 $244,186 (8.6%) $286,589 (5.9%) 0.80 515
    2019-04-01 $249,186 (-0.3%) $290,251 (1.5%) 0.79 597
    2019-05-01 $249,900 (0.0%) $285,905 (-2.0%) 0.78 679
    2019-06-01 $249,900 (-2.0%) $286,802 (-2.3%) 0.78 715
    2019-07-01 $245,875 (-1.0%) $284,921 (-2.3%) 0.77 739
    2019-08-01 $235,318 (-4.8%) $276,272 (-4.6%) 0.75 760
    2019-09-01 $232,270 (-3.2%) $270,958 (-4.8%) 0.74 739
    2019-10-01 $229,950 (-7.0%) $267,267 (-6.0%) 0.74 724
    2019-11-01 $229,900 (0.0%) $267,039 (-2.5%) 0.75 670
    2019-12-01 $232,000 (0.9%) $268,986 (-2.2%) 0.77 547
    2020-01-01 $229,925 (-1.1%) $266,935 (-3.5%) 0.77 488
    2020-02-01 $250,000 (5.5%) $287,535 (3.4%) 0.82 495
    2020-03-01 $269,900 (10.5%) $300,822 (5.0%) 0.85 500
    2020-04-01 $267,950 (7.5%) $303,831 (4.7%) 0.84 529
    2020-05-01 $269,900 (8.0%) $304,052 (6.4%) 0.82 564
    2020-06-01 $271,425 (8.6%) $310,306 (8.2%) 0.80 539
    2020-07-01 $269,325 (9.5%) $310,786 (9.1%) 0.78 498
    2020-08-01 $258,950 (10.0%) $307,415 (11.3%) 0.74 471
    2020-09-01 $266,175 (14.6%) $316,149 (16.7%) 0.76 462
    2020-10-01 $259,400 (12.8%) $312,681 (17.0%) 0.74 447
    2020-11-01 $252,450 (9.8%) $307,738 (15.2%) 0.74 350
    2020-12-01 $250,725 (8.1%) $311,778 (15.9%) 0.75 293
    2021-01-01 $249,950 (8.7%) $317,645 (19.0%) 0.75 239
    2021-02-01 $272,450 (9.0%) $350,784 (22.0%) 0.79 221
    2021-03-01 $297,396 (10.2%) $367,540 (22.2%) 0.84 215
    2021-04-01 $297,450 (11.0%) $355,863 (17.1%) 0.81 217
    2021-05-01 $299,900 (11.1%) $368,103 (21.1%) 0.80 219
    2021-06-01 $284,925 (5.0%) $347,958 (12.1%) 0.75 294
    2021-07-01 $293,450 (9.0%) $351,267 (13.0%) 0.77 332
    2021-08-01 $289,950 (12.0%) $344,650 (12.1%) 0.77 355
    2021-09-01 $295,950 (11.2%) $342,646 (8.4%) 0.79 360
    2021-10-01 $284,950 (9.9%) $332,022 (6.2%) 0.76 363
    2021-11-01 $293,450 (16.2%) $334,994 (8.9%) 0.78 295
    2021-12-01 $299,900 (19.6%) $347,124 (11.3%) 0.81 242
    2022-01-01 $315,000 (26.0%) $360,734 (13.6%) 0.85 179
    2022-02-01 $322,900 (18.5%) $380,050 (8.3%) 0.84 153
    2022-03-01 $329,950 (11.0%) $399,942 (8.8%) 0.83 154
    2022-04-01 $349,900 (17.6%) $407,909 (14.6%) 0.83 189
    2022-05-01 $339,650 (13.3%) $406,284 (10.4%) 0.78 240
    2022-06-01 $328,450 (15.3%) $386,778 (11.2%) 0.73 302
    2022-07-01 $325,000 (10.8%) $381,650 (8.7%) 0.73 311
    2022-08-01 $335,900 (15.9%) $388,510 (12.7%) 0.78 308
    2022-09-01 $329,925 (11.5%) $380,471 (11.0%) 0.77 320
    2022-10-01 $335,000 (17.6%) $389,410 (17.3%) 0.79 312
    2022-11-01 $325,000 (10.8%) $379,659 (13.3%) 0.78 286
    2022-12-01 $325,000 (8.4%) $384,662 (10.8%) 0.80 242
    2023-01-01 $336,150 (6.7%) $386,875 (7.3%) 0.83 208
    2023-02-01 $354,925 (9.9%) $392,884 (3.4%) 0.86 198
    2023-03-01 $357,650 (8.4%) $405,380 (1.4%) 0.84 202
    2023-04-01 $374,900 (7.1%) $417,215 (2.3%) 0.87 210
    2023-05-01 $368,650 (8.5%) $431,155 (6.1%) 0.84 244
    2023-06-01 $354,975 (8.1%) $413,083 (6.8%) 0.80 276
    2023-07-01 $357,450 (10.0%) $410,184 (7.5%) 0.81 295
    2023-08-01 $354,900 (5.7%) $405,962 (4.5%) 0.81 302
    2023-09-01 $349,000 (5.8%) $404,167 (6.2%) 0.81 323
    2023-10-01 $329,125 (-1.8%) $387,745 (-0.4%) 0.77 348
    2023-11-01 $316,675 (-2.6%) $378,485 (-0.3%) 0.75 340
    2023-12-01 $319,900 (-1.6%) $377,852 (-1.8%) 0.78 301
    2024-01-01 $323,750 (-3.7%) $379,122 (-2.0%) 0.79 246
    2024-02-01 $334,925 (-5.6%) $388,519 (-1.1%) 0.81 235
    2024-03-01 $350,000 (-2.1%) $418,496 (3.2%) 0.82 266
    2024-04-01 $373,675 (-0.3%) $429,448 (2.9%) 0.87 291
    2024-05-01 $379,900 (3.1%) $436,087 (1.1%) 0.86 314
    2024-06-01 $375,000 (5.6%) $430,208 (4.2%) 0.85 337
    2024-07-01 $361,500 (1.1%) $427,078 (4.1%) 0.83 346
    2024-08-01 $359,000 (1.2%) $416,384 (2.6%) 0.83 380
    2024-09-01 $339,900 (-2.6%) $409,565 (1.3%) 0.80 415
    2024-10-01 $329,900 (0.2%) $405,872 (4.7%) 0.78 403
    2024-11-01 $326,000 (2.9%) $399,927 (5.7%) 0.78 368
    2024-12-01 $321,350 (0.5%) $396,843 (5.0%) 0.80 308
    2025-01-01 $319,925 (-1.2%) $384,046 (1.3%) 0.80 273
    2025-02-01 $329,225 (-1.7%) $393,898 (1.4%) 0.80 260
    2025-03-01 $359,450 (2.7%) $411,385 (-1.7%) 0.00 302
    St. Cloud's median listing price for 2025-03-01 was $359,450, a difference of $9,450 (2.7%) versus the prior year and $30,225 versus the prior month.

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

    St. Cloud's average listing price for 2025-03-01 was $411,385, a difference of $-7,111 (-1.7%) versus the prior year and $17,487 versus the prior month.

    For the 2025-03-01 period, St. Cloud had 302 MLS listings, a difference of 42 listings (16%) versus the prior month and 36 listings (14%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - St. Cloud (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 88 days 1,815 sqft
    2018-02-01 65 days 1,871 sqft
    2018-03-01 54 days 1,900 sqft
    2018-04-01 52 days 1,999 sqft
    2018-05-01 46 days 2,016 sqft
    2018-06-01 45 days 2,041 sqft
    2018-07-01 51 days 2,047 sqft
    2018-08-01 57 days 2,045 sqft
    2018-09-01 57 days 2,044 sqft
    2018-10-01 55 days 2,003 sqft
    2018-11-01 61 days 1,947 sqft
    2018-12-01 80 days 1,851 sqft
    2019-01-01 87 days 1,850 sqft
    2019-02-01 78 days 1,841 sqft
    2019-03-01 59 days 1,900 sqft
    2019-04-01 39 days 1,999 sqft
    2019-05-01 38 days 1,966 sqft
    2019-06-01 42 days 1,974 sqft
    2019-07-01 47 days 1,981 sqft
    2019-08-01 54 days 1,974 sqft
    2019-09-01 64 days 1,951 sqft
    2019-10-01 70 days 1,926 sqft
    2019-11-01 77 days 1,931 sqft
    2019-12-01 89 days 1,959 sqft
    2020-01-01 86 days 1,968 sqft
    2020-02-01 75 days 2,043 sqft
    2020-03-01 51 days 2,105 sqft
    2020-04-01 46 days 2,101 sqft
    2020-05-01 47 days 2,071 sqft
    2020-06-01 46 days 2,063 sqft
    2020-07-01 48 days 2,055 sqft
    2020-08-01 47 days 2,128 sqft
    2020-09-01 45 days 2,109 sqft
    2020-10-01 47 days 2,025 sqft
    2020-11-01 55 days 1,929 sqft
    2020-12-01 66 days 1,900 sqft
    2021-01-01 69 days 1,848 sqft
    2021-02-01 47 days 1,905 sqft
    2021-03-01 39 days 1,923 sqft
    2021-04-01 32 days 1,920 sqft
    2021-05-01 35 days 1,957 sqft
    2021-06-01 30 days 1,916 sqft
    2021-07-01 34 days 1,952 sqft
    2021-08-01 35 days 1,945 sqft
    2021-09-01 39 days 1,934 sqft
    2021-10-01 43 days 1,909 sqft
    2021-11-01 50 days 1,931 sqft
    2021-12-01 60 days 1,946 sqft
    2022-01-01 77 days 1,911 sqft
    2022-02-01 58 days 2,212 sqft
    2022-03-01 33 days 2,217 sqft
    2022-04-01 23 days 2,256 sqft
    2022-05-01 21 days 2,105 sqft
    2022-06-01 29 days 2,055 sqft
    2022-07-01 39 days 2,100 sqft
    2022-08-01 39 days 2,124 sqft
    2022-09-01 46 days 2,065 sqft
    2022-10-01 46 days 2,060 sqft
    2022-11-01 57 days 1,978 sqft
    2022-12-01 71 days 1,945 sqft
    2023-01-01 78 days 1,870 sqft
    2023-02-01 73 days 2,002 sqft
    2023-03-01 44 days 2,131 sqft
    2023-04-01 44 days 2,061 sqft
    2023-05-01 34 days 2,010 sqft
    2023-06-01 30 days 2,036 sqft
    2023-07-01 37 days 2,028 sqft
    2023-08-01 46 days 2,052 sqft
    2023-09-01 46 days 2,079 sqft
    2023-10-01 45 days 2,007 sqft
    2023-11-01 53 days 1,953 sqft
    2023-12-01 66 days 1,868 sqft
    2024-01-01 62 days 1,936 sqft
    2024-02-01 59 days 2,013 sqft
    2024-03-01 36 days 2,019 sqft
    2024-04-01 38 days 2,135 sqft
    2024-05-01 32 days 2,083 sqft
    2024-06-01 39 days 2,102 sqft
    2024-07-01 44 days 2,123 sqft
    2024-08-01 40 days 2,032 sqft
    2024-09-01 44 days 2,043 sqft
    2024-10-01 49 days 2,002 sqft
    2024-11-01 58 days 1,980 sqft
    2024-12-01 66 days 1,898 sqft
    2025-01-01 71 days 1,867 sqft
    2025-02-01 61 days 1,912 sqft
    2025-03-01 0 days 2,000 sqft
    St. Cloud'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.

    St. Cloud's median square footage for active listings during the 2025-03-01 period was 2,000 sqft. One year prior, the average listing was 2,019 sqft.