St. Joseph USDA Loan Rates, Closing Costs & Stats

ST. JOSEPH, MO-KS

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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. Joseph's 9 lenders originated 13 USDA loans during 2023. The total origination value was $2,135,000, with an average USDA loan value of $164,231.

    St. Joseph USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in St. Joseph averaged 6.59% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    St. Joseph's average USDA mortgage closing costs are $4,016.

    The average rate for the prior week (2024-12-06) was 6.63% and one month ago for the week of 2024-11-08, the average rate was 6.44%.

    The average rate one year ago was 6.91%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.1%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 7.58% $4,644
    Flanagan State Bank 1 7.00% $6,162
    FLAT BRANCH MORTGAGE, INC. 1 6.25% $4,520
    Mortgage Investment Services Corporation 1 7.25% $2,510
    OPEN MORTGAGE, LLC 1 7.13% $6,650
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $5,456
    S1L, Inc. 1 7.38% $6,542
    BROKER SOLUTIONS, INC. 1 6.38% $8,053
    U.S. Bank 1 6.13% $5,653

    The top St. Joseph USDA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 3 USDA loans originated. Their average total fees are $4,644, which is $1,517 lower than the next largest lender, Flanagan State Bank.

    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 (12.2%) 0.00 411
    2018-02-01 $124,950 (19.0%) $186,756 (16.6%) 0.00 401
    2018-03-01 $130,000 (30.9%) $186,428 (18.5%) 0.00 386
    2018-04-01 $126,175 (14.8%) $184,323 (7.7%) 0.00 388
    2018-05-01 $127,475 (21.9%) $179,080 (5.2%) 0.00 415
    2018-06-01 $126,900 (10.4%) $177,643 (3.3%) 0.00 447
    2018-07-01 $129,700 (5.1%) $174,030 (-0.1%) 0.00 421
    2018-08-01 $132,988 (5.6%) $174,041 (-5.0%) 0.00 434
    2018-09-01 $134,900 (6.9%) $175,929 (-4.6%) 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 (-9.5%) 0.00 440
    2019-01-01 $119,900 (-6.1%) $164,844 (-11.2%) 0.00 418
    2019-02-01 $119,450 (-4.4%) $162,893 (-12.8%) 0.00 378
    2019-03-01 $113,471 (-12.7%) $162,830 (-12.7%) 0.00 355
    2019-04-01 $107,271 (-15.0%) $163,060 (-11.5%) 0.00 333
    2019-05-01 $111,175 (-12.8%) $169,685 (-5.3%) 0.00 325
    2019-06-01 $124,700 (-1.7%) $172,948 (-2.6%) 0.00 369
    2019-07-01 $130,225 (0.4%) $174,018 (0.0%) 0.00 385
    2019-08-01 $133,027 (0.0%) $175,919 (1.1%) 0.00 388
    2019-09-01 $136,893 (1.5%) $180,009 (2.3%) 0.00 386
    2019-10-01 $139,900 (6.0%) $184,107 (10.3%) 0.00 382
    2019-11-01 $128,700 (-2.1%) $176,864 (2.8%) 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 (16.7%) 0.00 267
    2020-04-01 $129,900 (21.1%) $189,563 (16.3%) 0.00 243
    2020-05-01 $152,425 (37.1%) $207,968 (22.6%) 0.00 236
    2020-06-01 $164,900 (32.2%) $209,038 (20.9%) 0.00 209
    2020-07-01 $154,475 (18.6%) $213,874 (22.9%) 0.00 194
    2020-08-01 $139,900 (5.2%) $219,470 (24.8%) 0.00 189
    2020-09-01 $129,450 (-5.4%) $208,812 (16.0%) 0.00 204
    2020-10-01 $127,000 (-9.2%) $196,119 (6.5%) 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 (6.0%) 0.00 170
    2021-02-01 $125,000 (11.4%) $181,702 (8.2%) 0.00 146
    2021-03-01 $123,756 (-4.2%) $185,828 (-2.2%) 0.00 133
    2021-04-01 $119,675 (-7.9%) $192,655 (1.6%) 0.00 111
    2021-05-01 $120,000 (-21.3%) $202,479 (-2.6%) 0.00 128
    2021-06-01 $119,900 (-27.3%) $201,462 (-3.6%) 0.00 148
    2021-07-01 $125,000 (-19.1%) $205,779 (-3.8%) 0.00 188
    2021-08-01 $119,800 (-14.4%) $184,993 (-15.7%) 0.00 194
    2021-09-01 $113,875 (-12.0%) $167,758 (-19.7%) 0.00 215
    2021-10-01 $109,900 (-13.5%) $162,223 (-17.3%) 0.00 226
    2021-11-01 $107,700 (-12.0%) $159,179 (-13.9%) 0.00 212
    2021-12-01 $102,750 (-16.1%) $154,150 (-13.6%) 0.00 181
    2022-01-01 $123,450 (7.4%) $160,255 (-10.3%) 0.00 157
    2022-02-01 $118,600 (-5.1%) $184,395 (1.5%) 0.00 130
    2022-03-01 $122,450 (-1.1%) $189,631 (2.1%) 0.00 107
    2022-04-01 $150,000 (25.3%) $213,387 (10.8%) 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 (13.7%) 0.00 146
    2022-07-01 $170,000 (36.0%) $228,897 (11.2%) 0.00 169
    2022-08-01 $165,250 (37.9%) $225,605 (22.0%) 0.00 188
    2022-09-01 $165,400 (45.3%) $206,369 (23.0%) 0.00 175
    2022-10-01 $159,900 (45.5%) $193,546 (19.3%) 0.00 182
    2022-11-01 $162,000 (50.4%) $193,903 (21.8%) 0.00 199
    2022-12-01 $160,000 (55.7%) $196,776 (27.7%) 0.00 174
    2023-01-01 $154,925 (25.5%) $192,812 (20.3%) 0.00 145
    2023-02-01 $142,725 (20.3%) $203,189 (10.2%) 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 (-5.7%) 0.00 121
    2023-06-01 $200,975 (21.0%) $253,327 (10.6%) 0.00 143
    2023-07-01 $189,900 (11.7%) $254,147 (11.0%) 0.00 157
    2023-08-01 $181,100 (9.6%) $253,359 (12.3%) 0.00 157
    2023-09-01 $177,500 (7.3%) $232,498 (12.7%) 0.00 181
    2023-10-01 $181,200 (13.3%) $244,218 (26.2%) 0.00 182
    2023-11-01 $177,450 (9.5%) $245,673 (26.7%) 0.00 189
    2023-12-01 $177,500 (10.9%) $245,326 (24.7%) 0.00 191
    2024-01-01 $169,450 (9.4%) $235,703 (22.2%) 0.00 174
    2024-02-01 $154,950 (8.6%) $223,977 (10.2%) 0.00 166
    2024-03-01 $169,900 (13.3%) $240,467 (18.6%) 0.00 141
    2024-04-01 $170,100 (1.6%) $271,074 (25.2%) 0.00 148
    2024-05-01 $189,900 (-0.7%) $291,597 (20.2%) 0.00 157
    2024-06-01 $202,450 (0.7%) $293,952 (16.0%) 0.00 170
    2024-07-01 $190,675 (0.4%) $280,160 (10.2%) 0.00 182
    2024-08-01 $228,000 (25.9%) $292,603 (15.5%) 0.00 192
    2024-09-01 $233,600 (31.6%) $295,548 (27.1%) 0.00 214
    2024-10-01 $221,225 (22.1%) $266,637 (9.2%) 0.00 217
    2024-11-01 $225,000 (26.8%) $267,379 (8.8%) 0.00 197
    St. Joseph's median listing price for 2024-11-01 was $225,000, a difference of $47,550 (26.8%) versus the prior year and $3,775 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 2024-11-01 was $267,379, a difference of $21,706 (8.8%) versus the prior year and $742 versus the prior month.

    For the 2024-11-01 period, St. Joseph had 197 MLS listings, a difference of -20 listings (-9%) versus the prior month and 8 listings (4%) 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 1,566 sqft
    2018-02-01 0 days 1,546 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
    2024-01-01 0 days 1,598 sqft
    2024-02-01 0 days 1,588 sqft
    2024-03-01 0 days 1,594 sqft
    2024-04-01 0 days 1,572 sqft
    2024-05-01 0 days 1,725 sqft
    2024-06-01 0 days 1,716 sqft
    2024-07-01 0 days 1,725 sqft
    2024-08-01 0 days 1,688 sqft
    2024-09-01 0 days 1,704 sqft
    2024-10-01 0 days 1,659 sqft
    2024-11-01 0 days 1,643 sqft
    St. Joseph's median listing age (time on market) for 2024-11-01 was 0 days.

    St. Joseph's median square footage for active listings during the 2024-11-01 period was 1,643 sqft. One year prior, the average listing was 1,689 sqft.