St. Joseph USDA Loan Rates, Closing Costs & Stats

ST. JOSEPH, MO-KS

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. Joseph's 17 lenders originated 28 USDA loans during 2022. The total origination value was $4,050,000, with an average USDA loan value of $144,643.

St. Joseph USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in St. Joseph averaged -0.33% for the week of 2024-02-23, compared to the national average (all USDA variants) of 0% for the same period.

St. Joseph's average USDA mortgage closing costs are $3,944.

The average rate for the prior week (2024-02-16) was 6.65% and one month ago for the week of 2024-01-19, the average rate was 6.33%.

The average rate one year ago was 6.14%.

For refis of the same type during the week of 2024-02-23, the average rate was -0.97%.

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

St. Joseph 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. Joseph level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
MORTGAGE SOLUTIONS OF COLORADO, LLC 7 5.88% $6,403
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 5.75% $3,712
Flanagan State Bank 3 5.08% $5,660
FLAT BRANCH MORTGAGE, INC. 2 5.81% $4,952
Great Southern Bank 1 6.38% $4,041
GUARANTEED RATE, INC. 1 4.25% $4,332
LEADERONE FINANCIAL CORPORATION 1 4.13% $4,323
MID AMERICA MORTGAGE, INC. 1 4.88% $3,199
NORTHERN MORTGAGE SERVICES, LLC 1 4.25% $1,520
PENNYMAC LOAN SERVICES, LLC 1 3.25% $3,369
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 4.25% $3,208
The Central Trust Bank 1 4.13% $4,272
AMERICAN FINANCING CORPORATION 1 5.50% $9,066
U.S. Bank 1 5.25% $5,282
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 5.50% $5,352
COMMUNITY MORTGAGE, LLC 1 3.25% $3,769
ENDEAVOR CAPITAL, LLC. 1 5.63% $3,725

The top St. Joseph USDA lender as defined by loan originations is MORTGAGE SOLUTIONS OF COLORADO, LLC, with 7 USDA loans originated. Their average total fees are $6,403, which is $2,691 higher than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - St. Joseph (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 $127,725 (19.2%) $185,727 (12.7%) 0.00 411
2018-02-01 $124,950 (19.0%) $186,756 (17.0%) 0.00 401
2018-03-01 $130,000 (30.9%) $186,428 (18.9%) 0.00 386
2018-04-01 $126,175 (14.8%) $184,323 (8.1%) 0.00 388
2018-05-01 $127,475 (21.9%) $179,080 (5.5%) 0.00 415
2018-06-01 $126,900 (10.4%) $177,643 (3.7%) 0.00 447
2018-07-01 $129,700 (5.1%) $174,030 (0.2%) 0.00 421
2018-08-01 $132,988 (5.6%) $174,041 (-4.7%) 0.00 434
2018-09-01 $134,900 (6.9%) $175,929 (-4.4%) 0.00 445
2018-10-01 $131,950 (2.3%) $166,972 (-10.9%) 0.00 459
2018-11-01 $131,425 (3.5%) $172,072 (-6.5%) 0.00 455
2018-12-01 $123,500 (-4.0%) $166,406 (-9.8%) 0.00 440
2019-01-01 $119,900 (-6.1%) $164,844 (-11.5%) 0.00 418
2019-02-01 $119,450 (-4.4%) $162,893 (-13.1%) 0.00 378
2019-03-01 $113,471 (-12.7%) $162,830 (-12.9%) 0.00 355
2019-04-01 $107,271 (-15.0%) $163,060 (-11.2%) 0.00 333
2019-05-01 $111,175 (-12.8%) $169,685 (-4.4%) 0.00 325
2019-06-01 $124,700 (-1.7%) $172,948 (-2.1%) 0.00 369
2019-07-01 $130,225 (0.4%) $174,018 (0.8%) 0.00 385
2019-08-01 $133,027 (0.0%) $175,919 (1.6%) 0.00 388
2019-09-01 $136,893 (1.5%) $180,009 (2.5%) 0.00 386
2019-10-01 $139,900 (6.0%) $184,107 (10.2%) 0.00 382
2019-11-01 $128,700 (-2.1%) $176,864 (2.5%) 0.00 371
2019-12-01 $124,950 (1.2%) $174,037 (4.6%) 0.00 354
2020-01-01 $115,000 (-4.1%) $168,507 (2.2%) 0.00 321
2020-02-01 $112,250 (-6.0%) $167,874 (3.1%) 0.00 288
2020-03-01 $129,225 (13.9%) $189,956 (16.8%) 0.00 267
2020-04-01 $129,900 (21.1%) $189,563 (15.6%) 0.00 243
2020-05-01 $152,425 (37.1%) $207,968 (21.0%) 0.00 236
2020-06-01 $164,900 (32.2%) $209,038 (19.8%) 0.00 209
2020-07-01 $154,475 (18.6%) $213,874 (21.6%) 0.00 194
2020-08-01 $139,900 (5.2%) $219,470 (23.8%) 0.00 189
2020-09-01 $129,450 (-5.4%) $208,812 (15.5%) 0.00 204
2020-10-01 $127,000 (-9.2%) $196,119 (6.3%) 0.00 203
2020-11-01 $122,400 (-4.9%) $184,874 (4.5%) 0.00 203
2020-12-01 $122,397 (-2.0%) $178,356 (2.5%) 0.00 204
2021-01-01 $115,000 (0.0%) $178,656 (6.3%) 0.00 170
2021-02-01 $125,000 (11.4%) $181,702 (8.5%) 0.00 146
2021-03-01 $123,756 (-4.2%) $185,828 (-2.0%) 0.00 133
2021-04-01 $119,675 (-7.9%) $192,655 (1.8%) 0.00 111
2021-05-01 $120,000 (-21.3%) $202,479 (-2.4%) 0.00 128
2021-06-01 $119,900 (-27.3%) $201,462 (-3.4%) 0.00 148
2021-07-01 $125,000 (-19.1%) $205,779 (-3.6%) 0.00 188
2021-08-01 $119,800 (-14.4%) $184,993 (-15.5%) 0.00 194
2021-09-01 $113,875 (-12.0%) $167,758 (-19.8%) 0.00 215
2021-10-01 $109,900 (-13.5%) $162,223 (-17.1%) 0.00 226
2021-11-01 $107,700 (-12.0%) $159,179 (-13.6%) 0.00 212
2021-12-01 $102,750 (-16.1%) $154,150 (-12.8%) 0.00 181
2022-01-01 $123,450 (7.4%) $160,255 (-10.1%) 0.00 157
2022-02-01 $118,600 (-5.1%) $184,395 (1.6%) 0.00 130
2022-03-01 $122,450 (-1.1%) $189,631 (2.2%) 0.00 107
2022-04-01 $150,000 (25.3%) $213,387 (10.9%) 0.00 106
2022-05-01 $187,400 (56.2%) $257,210 (27.0%) 0.00 118
2022-06-01 $166,150 (38.6%) $229,067 (13.8%) 0.00 146
2022-07-01 $170,000 (36.0%) $228,897 (11.3%) 0.00 169
2022-08-01 $165,250 (37.9%) $225,605 (21.9%) 0.00 188
2022-09-01 $165,400 (45.3%) $206,369 (23.5%) 0.00 175
2022-10-01 $159,900 (45.5%) $193,546 (19.4%) 0.00 182
2022-11-01 $162,000 (50.4%) $193,903 (21.7%) 0.00 199
2022-12-01 $160,000 (55.7%) $196,776 (27.4%) 0.00 174
2023-01-01 $154,925 (25.5%) $192,812 (20.7%) 0.00 145
2023-02-01 $142,725 (20.3%) $203,189 (10.6%) 0.00 123
2023-03-01 $149,900 (22.4%) $202,839 (7.0%) 0.00 109
2023-04-01 $167,450 (11.6%) $216,576 (1.5%) 0.00 113
2023-05-01 $191,200 (2.0%) $242,685 (-5.5%) 0.00 121
2023-06-01 $200,975 (21.0%) $253,327 (10.3%) 0.00 143
2023-07-01 $189,900 (11.7%) $254,147 (10.8%) 0.00 157
2023-08-01 $181,100 (9.6%) $253,359 (12.1%) 0.00 157
2023-09-01 $177,500 (7.3%) $232,498 (12.4%) 0.00 181
2023-10-01 $181,200 (13.3%) $244,218 (25.8%) 0.00 182
2023-11-01 $177,450 (9.5%) $245,673 (26.3%) 0.00 189
2023-12-01 $177,500 (10.9%) $245,326 (0.0%) 0.00 191
St. Joseph's median listing price for 2023-12-01 was $177,500, a difference of $17,500 (10.9%) versus the prior year and $50 versus the prior month.

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

St. Joseph's average listing price for 2023-12-01 was $245,326, a difference of $48,550 (0.0%) versus the prior year and $-347 versus the prior month.

For the 2023-12-01 period, St. Joseph had 191 MLS listings, a difference of 2 listings (1%) versus the prior month and 17 listings (10%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - St. Joseph (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,564 sqft
2018-02-01 0 days 1,542 sqft
2018-03-01 0 days 1,556 sqft
2018-04-01 0 days 1,543 sqft
2018-05-01 0 days 1,549 sqft
2018-06-01 0 days 1,520 sqft
2018-07-01 0 days 1,454 sqft
2018-08-01 0 days 1,503 sqft
2018-09-01 0 days 1,546 sqft
2018-10-01 0 days 1,533 sqft
2018-11-01 0 days 1,560 sqft
2018-12-01 0 days 1,560 sqft
2019-01-01 0 days 1,561 sqft
2019-02-01 0 days 1,555 sqft
2019-03-01 0 days 1,562 sqft
2019-04-01 0 days 1,550 sqft
2019-05-01 0 days 1,597 sqft
2019-06-01 0 days 1,600 sqft
2019-07-01 0 days 1,613 sqft
2019-08-01 0 days 1,653 sqft
2019-09-01 0 days 1,707 sqft
2019-10-01 0 days 1,733 sqft
2019-11-01 0 days 1,652 sqft
2019-12-01 0 days 1,600 sqft
2020-01-01 0 days 1,584 sqft
2020-02-01 0 days 1,518 sqft
2020-03-01 0 days 1,696 sqft
2020-04-01 0 days 1,667 sqft
2020-05-01 0 days 1,736 sqft
2020-06-01 0 days 1,719 sqft
2020-07-01 0 days 1,668 sqft
2020-08-01 0 days 1,652 sqft
2020-09-01 0 days 1,568 sqft
2020-10-01 0 days 1,576 sqft
2020-11-01 0 days 1,524 sqft
2020-12-01 0 days 1,483 sqft
2021-01-01 0 days 1,555 sqft
2021-02-01 0 days 1,568 sqft
2021-03-01 0 days 1,525 sqft
2021-04-01 0 days 1,512 sqft
2021-05-01 0 days 1,577 sqft
2021-06-01 0 days 1,500 sqft
2021-07-01 0 days 1,500 sqft
2021-08-01 0 days 1,524 sqft
2021-09-01 0 days 1,482 sqft
2021-10-01 0 days 1,440 sqft
2021-11-01 0 days 1,349 sqft
2021-12-01 0 days 1,352 sqft
2022-01-01 0 days 1,316 sqft
2022-02-01 0 days 1,338 sqft
2022-03-01 0 days 1,383 sqft
2022-04-01 0 days 1,553 sqft
2022-05-01 0 days 1,716 sqft
2022-06-01 0 days 1,589 sqft
2022-07-01 0 days 1,584 sqft
2022-08-01 0 days 1,526 sqft
2022-09-01 0 days 1,555 sqft
2022-10-01 0 days 1,476 sqft
2022-11-01 0 days 1,458 sqft
2022-12-01 0 days 1,524 sqft
2023-01-01 0 days 1,459 sqft
2023-02-01 0 days 1,342 sqft
2023-03-01 0 days 1,427 sqft
2023-04-01 0 days 1,594 sqft
2023-05-01 0 days 1,620 sqft
2023-06-01 0 days 1,656 sqft
2023-07-01 0 days 1,640 sqft
2023-08-01 0 days 1,685 sqft
2023-09-01 0 days 1,594 sqft
2023-10-01 0 days 1,574 sqft
2023-11-01 0 days 1,689 sqft
2023-12-01 0 days 1,710 sqft
St. Joseph's median listing age (time on market) for 2023-12-01 was 0 days.

St. Joseph's median square footage for active listings during the 2023-12-01 period was 1,710 sqft. One year prior, the average listing was 1,524 sqft.