St. Louis USDA Loan Rates, Closing Costs & Stats

ST. LOUIS, MO-IL

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. Louis's 60 lenders originated 330 USDA loans during 2024. The total origination value was $59,940,000, with an average USDA loan value of $181,636.

St. Louis USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in St. Louis averaged 6.72% for the week of 2025-04-11, compared to the national average (all USDA variants) of 6.449% for the same period.

St. Louis's average USDA mortgage closing costs are $4,644.

The average rate for the prior week (2025-04-04) was 6.58% and one month ago for the week of 2025-03-07, the average rate was 6.65%.

The average rate one year ago was 7.1%.

For refis of the same type during the week of 2025-04-11, the average rate was 6.44%.

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

St. Louis 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. Louis level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
GUILD MORTGAGE COMPANY 66 6.50% $6,190
FLAT BRANCH MORTGAGE, INC. 35 6.53% $4,943
DAS Acquisition Company, LLC 25 6.72% $6,227
BROKER SOLUTIONS, INC. 17 6.72% $6,330
FCB Banks 13 5.87% $4,138
DELMAR FINANCIAL COMPANY 9 6.75% $5,390
The Central Trust Bank 9 6.37% $5,894
NEWREZ LLC 8 6.89% $5,267
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 6.91% $4,758
GUARANTEED RATE, INC. 7 6.76% $5,512
Equity Prime Mortgage LLC 7 6.32% $7,166
First State Bank of St. Charles, Missouri 7 5.88% $6,752
Carrollton Bank 6 6.06% $3,575
First State Community Bank 5 6.08% $4,721
GERSHMAN INVESTMENT CORP. 5 6.65% $5,328
UNITED WHOLESALE MORTGAGE, LLC 5 6.00% $6,840
United Community Bank 5 6.33% $3,396
CITY FIRST MORTGAGE SERVICES, L.L.C. 4 6.38% $10,253
PLAZA HOME MORTGAGE, INC. 4 6.75% $7,325
First Mid Bank & Trust 3 5.92% $3,325
Cornerstone First Mortgage, Inc 3 6.17% $5,087
ENDEAVOR CAPITAL, LLC. 3 5.92% $5,638
FIRST INTEGRITY MORTGAGE SERVICES, INC. 3 6.88% $4,029
Flagstar Bank, FSB 3 6.67% $7,617
LEADERONE FINANCIAL CORPORATION 3 6.87% $4,550
Sullivan Bank 3 6.42% $5,464
FAMILY FINANCE MORTGAGE, LLC 2 7.12% $6,808
GENEVA FINANCIAL, LLC 2 6.69% $6,358
Heartland Bank and Trust Company 2 6.75% $4,762
Midland States Bank 2 6.31% $4,493
Midwest BankCentre 2 5.69% $4,737
MOVEMENT MORTGAGE, LLC 2 7.25% $4,790
Busey Bank 2 5.94% $3,681
NP, Inc. 2 6.06% $5,538
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.75% $7,825
SUN WEST MORTGAGE COMPANY, INC. 2 6.13% $10,290
United Bank of Union 2 7.13% $3,815
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.75% $6,404
U S WIDE FINANCIAL LLC 1 6.50% $7,400
AFFORDABLE MORTGAGE ADVISORS, LLC. 1 5.88% $7,068
Mortgage Research Center, LLC 1 6.63% $1,786
Bankers' Bank 1 6.63% $3,550
MUTUAL OF OMAHA MORTGAGE, INC. 1 5.75% $5,838
THOMPSON KANE & COMPANY, LLC 1 6.63% $6,430
TOP FLITE FINANCIAL, INC. 1 7.13% $5,776
Paramount Bank 1 6.63% $4,781
Paramount Residential Mortgage Group, Inc. 1 7.13% $6,582
Petefish, Skiles & Co. 1 6.50% $3,643
Bell Bank 1 6.50% $6,628
EVERETT FINANCIAL, INC. 1 6.63% $6,159
FIRST HERITAGE FINANCIAL, LLC 1 6.88% $5,122
Community Mortgage Banc Corporation 1 6.50% $3,377
CNB Bank And Trust, N.A. 1 7.63% $3,601
CHURCHILL MORTGAGE CORPORATION 1 6.13% $6,217
Stifel Bank and Trust 1 6.50% $4,187
HNB National Bank 1 6.50% $4,754
INB 1 6.88% $3,461
Ixonia Bank 1 5.63% $10,877
AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.88% $10,707
MID AMERICA MORTGAGE, INC. 1 6.63% $4,560

The top St. Louis USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 66 USDA loans originated. Their average total fees are $6,190, which is $1,247 higher than the next largest lender, FLAT BRANCH MORTGAGE, INC..

The lowest fee St. Louis USDA lenders (with over 10 loans originated) are FCB Banks ($4,138), FLAT BRANCH MORTGAGE, INC. ($4,943), GUILD MORTGAGE COMPANY ($6,190), DAS Acquisition Company, LLC ($6,227) and BROKER SOLUTIONS, INC. ($6,330).

The lowest rate St. Louis USDA lenders (with over 10 loans originated) are FCB Banks (5.87%), GUILD MORTGAGE COMPANY (6.50%), FLAT BRANCH MORTGAGE, INC. (6.53%), DAS Acquisition Company, LLC (6.72%) and BROKER SOLUTIONS, INC. (6.72%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - St. Louis (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 $189,400 (11.9%) $269,594 (6.0%) 0.70 8,422
2018-02-01 $193,450 (12.2%) $277,213 (5.7%) 0.70 8,301
2018-03-01 $205,000 (11.0%) $291,265 (6.0%) 0.72 8,652
2018-04-01 $214,875 (11.8%) $300,549 (6.1%) 0.73 8,742
2018-05-01 $219,900 (9.3%) $306,148 (4.6%) 0.73 9,152
2018-06-01 $219,900 (8.1%) $308,574 (5.3%) 0.73 9,728
2018-07-01 $216,750 (8.4%) $303,344 (5.3%) 0.72 10,254
2018-08-01 $216,000 (9.8%) $299,330 (6.6%) 0.72 10,480
2018-09-01 $215,000 (9.8%) $297,128 (5.4%) 0.72 10,485
2018-10-01 $212,725 (6.7%) $294,146 (3.5%) 0.72 10,575
2018-11-01 $209,900 (8.1%) $289,261 (3.7%) 0.71 10,105
2018-12-01 $200,000 (5.4%) $280,394 (3.3%) 0.69 9,044
2019-01-01 $199,550 (5.4%) $275,229 (2.1%) 0.69 7,920
2019-02-01 $210,000 (8.6%) $291,481 (5.2%) 0.71 7,560
2019-03-01 $219,229 (6.9%) $298,617 (2.5%) 0.72 7,742
2019-04-01 $225,000 (4.7%) $305,034 (1.5%) 0.71 7,961
2019-05-01 $231,450 (5.3%) $313,283 (2.3%) 0.72 8,255
2019-06-01 $234,900 (6.8%) $316,920 (2.7%) 0.73 8,575
2019-07-01 $229,450 (5.9%) $313,295 (3.3%) 0.72 8,894
2019-08-01 $226,545 (4.9%) $309,085 (3.3%) 0.72 9,030
2019-09-01 $222,864 (3.7%) $305,475 (2.8%) 0.71 9,136
2019-10-01 $220,000 (3.4%) $302,319 (2.8%) 0.71 9,191
2019-11-01 $215,000 (2.4%) $299,898 (3.7%) 0.70 8,764
2019-12-01 $210,225 (5.1%) $289,975 (3.4%) 0.70 7,795
2020-01-01 $209,900 (5.2%) $287,609 (4.5%) 0.70 6,910
2020-02-01 $218,900 (4.2%) $297,961 (2.2%) 0.72 6,368
2020-03-01 $229,450 (4.7%) $305,632 (2.4%) 0.72 6,433
2020-04-01 $231,375 (2.8%) $305,728 (0.2%) 0.72 6,464
2020-05-01 $247,900 (7.1%) $320,812 (2.4%) 0.75 6,320
2020-06-01 $249,900 (6.4%) $333,864 (5.4%) 0.74 6,016
2020-07-01 $249,950 (8.9%) $336,752 (7.5%) 0.72 5,764
2020-08-01 $249,900 (10.3%) $338,128 (9.4%) 0.72 5,623
2020-09-01 $249,900 (12.1%) $339,301 (11.1%) 0.72 5,559
2020-10-01 $243,000 (10.5%) $334,258 (10.6%) 0.70 5,659
2020-11-01 $235,700 (9.6%) $328,409 (9.5%) 0.69 5,297
2020-12-01 $230,150 (9.5%) $323,425 (11.5%) 0.68 4,753
2021-01-01 $239,950 (14.3%) $337,006 (17.2%) 0.72 4,016
2021-02-01 $249,900 (14.2%) $342,968 (15.1%) 0.73 3,541
2021-03-01 $252,450 (10.0%) $345,449 (13.0%) 0.72 3,573
2021-04-01 $258,600 (11.8%) $355,697 (16.3%) 0.70 3,564
2021-05-01 $254,900 (2.8%) $357,526 (11.4%) 0.68 3,474
2021-06-01 $255,800 (2.4%) $352,428 (5.6%) 0.67 3,848
2021-07-01 $250,000 (0.0%) $346,893 (3.0%) 0.66 4,596
2021-08-01 $249,900 (0.0%) $341,848 (1.1%) 0.67 4,766
2021-09-01 $249,900 (0.0%) $338,695 (-0.2%) 0.67 4,700
2021-10-01 $240,000 (-1.2%) $337,379 (0.9%) 0.64 4,538
2021-11-01 $236,975 (0.5%) $336,788 (2.6%) 0.63 4,144
2021-12-01 $239,950 (4.3%) $335,714 (3.8%) 0.65 3,462
2022-01-01 $243,900 (1.7%) $336,432 (-0.2%) 0.66 3,009
2022-02-01 $262,450 (5.0%) $344,035 (0.3%) 0.68 2,831
2022-03-01 $270,100 (7.0%) $347,027 (0.5%) 0.68 2,914
2022-04-01 $269,900 (4.4%) $337,183 (-5.2%) 0.64 3,112
2022-05-01 $275,400 (8.0%) $347,301 (-2.9%) 0.63 3,651
2022-06-01 $279,700 (9.3%) $352,837 (0.1%) 0.62 4,101
2022-07-01 $275,000 (10.0%) $347,832 (0.3%) 0.62 4,648
2022-08-01 $276,293 (10.6%) $345,977 (1.2%) 0.64 4,692
2022-09-01 $274,950 (10.0%) $345,788 (2.1%) 0.64 4,695
2022-10-01 $275,900 (15.0%) $340,485 (0.9%) 0.65 4,809
2022-11-01 $274,000 (15.6%) $337,939 (0.3%) 0.66 4,783
2022-12-01 $269,000 (12.1%) $329,391 (-1.9%) 0.66 4,223
2023-01-01 $269,900 (10.7%) $333,777 (-0.8%) 0.67 3,782
2023-02-01 $271,750 (3.5%) $336,969 (-2.1%) 0.66 3,499
2023-03-01 $278,950 (3.3%) $343,433 (-1.0%) 0.66 3,477
2023-04-01 $284,900 (5.6%) $355,059 (5.3%) 0.66 3,580
2023-05-01 $281,650 (2.3%) $357,964 (3.1%) 0.64 3,755
2023-06-01 $289,423 (3.5%) $362,670 (2.8%) 0.65 3,975
2023-07-01 $288,900 (5.1%) $359,779 (3.4%) 0.66 4,296
2023-08-01 $284,325 (2.9%) $352,578 (1.9%) 0.65 4,392
2023-09-01 $279,900 (1.8%) $348,375 (0.8%) 0.65 4,870
2023-10-01 $277,000 (0.4%) $346,807 (1.9%) 0.65 5,124
2023-11-01 $275,000 (0.4%) $343,502 (1.7%) 0.65 5,160
2023-12-01 $274,900 (2.2%) $335,628 (1.9%) 0.67 4,650
2024-01-01 $277,450 (2.8%) $339,364 (1.7%) 0.68 4,136
2024-02-01 $287,450 (5.8%) $352,864 (4.7%) 0.69 3,927
2024-03-01 $292,000 (4.7%) $362,286 (5.5%) 0.69 3,970
2024-04-01 $294,400 (3.3%) $376,256 (6.0%) 0.68 4,175
2024-05-01 $307,698 (9.3%) $392,591 (9.7%) 0.70 4,405
2024-06-01 $309,771 (7.0%) $390,965 (7.8%) 0.70 4,790
2024-07-01 $307,450 (6.4%) $398,529 (10.8%) 0.70 4,935
2024-08-01 $301,900 (6.2%) $393,108 (11.5%) 0.70 5,166
2024-09-01 $299,900 (7.2%) $386,448 (10.9%) 0.71 5,473
2024-10-01 $299,450 (8.1%) $383,367 (10.5%) 0.70 5,614
2024-11-01 $289,900 (5.4%) $370,343 (7.8%) 0.70 5,728
2024-12-01 $277,450 (0.9%) $357,455 (6.5%) 0.69 5,098
2025-01-01 $274,950 (-0.9%) $351,183 (3.5%) 0.69 4,551
2025-02-01 $276,799 (-3.7%) $365,337 (3.5%) 0.67 4,469
2025-03-01 $289,900 (-0.7%) $374,302 (3.3%) 0.00 4,701
St. Louis's median listing price for 2025-03-01 was $289,900, a difference of $-2,100 (-0.7%) versus the prior year and $13,101 versus the prior month.

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

St. Louis's average listing price for 2025-03-01 was $374,302, a difference of $12,016 (3.3%) versus the prior year and $8,965 versus the prior month.

For the 2025-03-01 period, St. Louis had 4,701 MLS listings, a difference of 232 listings (5%) versus the prior month and 731 listings (18%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - St. Louis (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 79 days 1,651 sqft
2018-02-01 72 days 1,669 sqft
2018-03-01 51 days 1,724 sqft
2018-04-01 51 days 1,754 sqft
2018-05-01 50 days 1,764 sqft
2018-06-01 48 days 1,758 sqft
2018-07-01 50 days 1,746 sqft
2018-08-01 53 days 1,733 sqft
2018-09-01 57 days 1,724 sqft
2018-10-01 59 days 1,710 sqft
2018-11-01 62 days 1,690 sqft
2018-12-01 72 days 1,673 sqft
2019-01-01 82 days 1,651 sqft
2019-02-01 75 days 1,705 sqft
2019-03-01 60 days 1,734 sqft
2019-04-01 47 days 1,745 sqft
2019-05-01 49 days 1,756 sqft
2019-06-01 51 days 1,764 sqft
2019-07-01 53 days 1,753 sqft
2019-08-01 53 days 1,744 sqft
2019-09-01 56 days 1,735 sqft
2019-10-01 57 days 1,728 sqft
2019-11-01 68 days 1,700 sqft
2019-12-01 83 days 1,678 sqft
2020-01-01 85 days 1,653 sqft
2020-02-01 83 days 1,680 sqft
2020-03-01 51 days 1,738 sqft
2020-04-01 56 days 1,761 sqft
2020-05-01 60 days 1,805 sqft
2020-06-01 59 days 1,842 sqft
2020-07-01 53 days 1,845 sqft
2020-08-01 52 days 1,811 sqft
2020-09-01 60 days 1,810 sqft
2020-10-01 60 days 1,776 sqft
2020-11-01 65 days 1,747 sqft
2020-12-01 69 days 1,713 sqft
2021-01-01 64 days 1,728 sqft
2021-02-01 57 days 1,715 sqft
2021-03-01 47 days 1,728 sqft
2021-04-01 41 days 1,731 sqft
2021-05-01 39 days 1,700 sqft
2021-06-01 37 days 1,705 sqft
2021-07-01 35 days 1,708 sqft
2021-08-01 37 days 1,688 sqft
2021-09-01 40 days 1,671 sqft
2021-10-01 42 days 1,638 sqft
2021-11-01 43 days 1,609 sqft
2021-12-01 50 days 1,604 sqft
2022-01-01 53 days 1,600 sqft
2022-02-01 42 days 1,619 sqft
2022-03-01 34 days 1,655 sqft
2022-04-01 32 days 1,651 sqft
2022-05-01 30 days 1,666 sqft
2022-06-01 32 days 1,694 sqft
2022-07-01 35 days 1,680 sqft
2022-08-01 37 days 1,678 sqft
2022-09-01 42 days 1,680 sqft
2022-10-01 41 days 1,680 sqft
2022-11-01 43 days 1,677 sqft
2022-12-01 53 days 1,659 sqft
2023-01-01 64 days 1,652 sqft
2023-02-01 64 days 1,652 sqft
2023-03-01 47 days 1,659 sqft
2023-04-01 39 days 1,698 sqft
2023-05-01 37 days 1,687 sqft
2023-06-01 39 days 1,700 sqft
2023-07-01 38 days 1,680 sqft
2023-08-01 37 days 1,667 sqft
2023-09-01 38 days 1,639 sqft
2023-10-01 42 days 1,644 sqft
2023-11-01 44 days 1,635 sqft
2023-12-01 53 days 1,612 sqft
2024-01-01 59 days 1,612 sqft
2024-02-01 48 days 1,628 sqft
2024-03-01 39 days 1,630 sqft
2024-04-01 35 days 1,663 sqft
2024-05-01 33 days 1,709 sqft
2024-06-01 40 days 1,720 sqft
2024-07-01 39 days 1,720 sqft
2024-08-01 41 days 1,695 sqft
2024-09-01 45 days 1,731 sqft
2024-10-01 46 days 1,828 sqft
2024-11-01 51 days 1,800 sqft
2024-12-01 58 days 1,770 sqft
2025-01-01 62 days 1,779 sqft
2025-02-01 53 days 1,764 sqft
2025-03-01 0 days 1,775 sqft
St. Louis'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. Louis's median square footage for active listings during the 2025-03-01 period was 1,775 sqft. One year prior, the average listing was 1,630 sqft.