Stevens Point USDA Loan Rates, Closing Costs & Stats
Stevens Point, WI
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.
Stevens Point's 2 lenders originated 2 USDA loans during 2023. The total origination value was $290,000, with an average USDA loan value of $145,000.
Stevens Point USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Stevens Point
averaged
6.93%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Stevens Point's average USDA mortgage closing costs are $4,770.
The average rate for the prior week (2024-04-12) was
6.78% and
one month ago for the week of 2024-03-15, the
average rate was 6.56%.
The average rate one year ago was 6.1%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.86%.
Stevens Point 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 Stevens Point level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| GUILD MORTGAGE COMPANY | 1 | 7.63% | $4,577 |
| Nations Lending Corporation | 1 | 7.13% | $8,681 |
The top Stevens Point USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
1 USDA loans originated. Their average total fees are
$4,577, which is $4,104
lower than the next largest lender,
Nations Lending Corporation.
The lowest fee Stevens Point USDA lenders (with over 10 loans originated) are
.
The lowest rate Stevens Point USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Stevens Point (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 | $199,900 (17.7%) | $246,971 (13.4%) | 0.00 | 179 |
| 2018-02-01 | $208,675 (22.8%) | $246,302 (13.1%) | 0.00 | 171 |
| 2018-03-01 | $228,900 (20.5%) | $249,616 (8.5%) | 0.00 | 171 |
| 2018-04-01 | $234,900 (20.7%) | $263,791 (13.8%) | 0.00 | 181 |
| 2018-05-01 | $227,400 (11.0%) | $253,782 (6.3%) | 0.00 | 220 |
| 2018-06-01 | $218,900 (9.5%) | $246,809 (2.5%) | 0.00 | 273 |
| 2018-07-01 | $219,900 (4.8%) | $247,527 (1.2%) | 0.00 | 265 |
| 2018-08-01 | $219,900 (8.7%) | $247,030 (2.2%) | 0.00 | 248 |
| 2018-09-01 | $215,000 (8.0%) | $249,223 (5.1%) | 0.00 | 234 |
| 2018-10-01 | $203,700 (2.1%) | $245,465 (2.7%) | 0.00 | 232 |
| 2018-11-01 | $199,900 (0.2%) | $249,000 (3.1%) | 0.00 | 198 |
| 2018-12-01 | $191,250 (-4.3%) | $238,719 (-3.1%) | 0.00 | 169 |
| 2019-01-01 | $187,450 (-6.2%) | $245,736 (-0.5%) | 0.00 | 140 |
| 2019-02-01 | $199,900 (-4.2%) | $253,495 (2.9%) | 0.00 | 136 |
| 2019-03-01 | $210,614 (-8.0%) | $258,264 (3.5%) | 0.00 | 147 |
| 2019-04-01 | $228,650 (-2.7%) | $264,258 (0.2%) | 0.00 | 162 |
| 2019-05-01 | $239,900 (5.5%) | $259,865 (2.4%) | 0.00 | 202 |
| 2019-06-01 | $229,900 (5.0%) | $246,278 (-0.2%) | 0.00 | 262 |
| 2019-07-01 | $228,650 (4.0%) | $245,252 (-0.9%) | 0.00 | 263 |
| 2019-08-01 | $225,823 (2.7%) | $247,553 (0.2%) | 0.00 | 245 |
| 2019-09-01 | $219,707 (2.2%) | $250,412 (0.5%) | 0.00 | 245 |
| 2019-10-01 | $215,630 (5.9%) | $252,335 (2.8%) | 0.00 | 237 |
| 2019-11-01 | $212,450 (6.3%) | $256,340 (3.0%) | 0.00 | 211 |
| 2019-12-01 | $217,400 (13.7%) | $257,691 (8.0%) | 0.00 | 178 |
| 2020-01-01 | $223,700 (19.3%) | $259,654 (5.7%) | 0.00 | 156 |
| 2020-02-01 | $228,900 (14.5%) | $261,193 (3.0%) | 0.00 | 166 |
| 2020-03-01 | $237,675 (12.9%) | $265,701 (2.9%) | 0.00 | 172 |
| 2020-04-01 | $239,900 (4.9%) | $264,258 (0.0%) | 0.00 | 176 |
| 2020-05-01 | $279,900 (16.7%) | $295,224 (13.6%) | 0.00 | 91 |
| 2020-06-01 | $263,700 (14.7%) | $297,346 (20.7%) | 0.00 | 92 |
| 2020-07-01 | $273,400 (19.6%) | $297,864 (21.5%) | 0.00 | 84 |
| 2020-08-01 | $270,000 (19.6%) | $307,770 (24.3%) | 0.00 | 81 |
| 2020-09-01 | $270,735 (23.2%) | $308,633 (23.3%) | 0.00 | 83 |
| 2020-10-01 | $250,000 (15.9%) | $280,461 (11.2%) | 0.00 | 82 |
| 2020-11-01 | $238,925 (12.5%) | $281,904 (10.0%) | 0.00 | 78 |
| 2020-12-01 | $217,900 (0.2%) | $290,222 (12.6%) | 0.00 | 60 |
| 2021-01-01 | $250,000 (11.8%) | $299,077 (15.2%) | 0.00 | 45 |
| 2021-02-01 | $259,950 (13.6%) | $306,702 (17.4%) | 0.00 | 47 |
| 2021-03-01 | $259,175 (9.1%) | $311,800 (17.4%) | 0.00 | 41 |
| 2021-04-01 | $289,900 (20.8%) | $325,507 (23.2%) | 0.00 | 39 |
| 2021-05-01 | $299,900 (7.2%) | $348,964 (18.2%) | 0.00 | 39 |
| 2021-06-01 | $279,925 (6.2%) | $323,535 (8.8%) | 0.00 | 58 |
| 2021-07-01 | $277,400 (1.5%) | $315,742 (6.0%) | 0.00 | 70 |
| 2021-08-01 | $259,450 (-3.9%) | $311,038 (1.1%) | 0.00 | 80 |
| 2021-09-01 | $290,675 (7.4%) | $318,390 (3.2%) | 0.00 | 77 |
| 2021-10-01 | $289,900 (16.0%) | $327,802 (16.9%) | 0.00 | 75 |
| 2021-11-01 | $297,400 (24.5%) | $318,111 (12.8%) | 0.00 | 70 |
| 2021-12-01 | $297,400 (36.5%) | $319,537 (10.1%) | 0.00 | 61 |
| 2022-01-01 | $325,000 (30.0%) | $417,675 (39.7%) | 0.00 | 49 |
| 2022-02-01 | $338,258 (30.1%) | $429,687 (40.1%) | 0.00 | 38 |
| 2022-03-01 | $338,495 (30.6%) | $424,224 (36.1%) | 0.00 | 34 |
| 2022-04-01 | $322,780 (11.3%) | $420,174 (29.1%) | 0.00 | 30 |
| 2022-05-01 | $322,800 (7.6%) | $337,410 (-3.3%) | 0.00 | 43 |
| 2022-06-01 | $304,900 (8.9%) | $328,960 (1.7%) | 0.00 | 49 |
| 2022-07-01 | $369,900 (33.4%) | $423,896 (34.3%) | 0.00 | 48 |
| 2022-08-01 | $359,750 (38.7%) | $433,156 (39.3%) | 0.00 | 49 |
| 2022-09-01 | $374,014 (28.7%) | $429,277 (34.8%) | 0.00 | 55 |
| 2022-10-01 | $349,900 (20.7%) | $431,916 (31.8%) | 0.00 | 47 |
| 2022-11-01 | $390,585 (31.3%) | $475,056 (49.3%) | 0.00 | 48 |
| 2022-12-01 | $385,000 (29.5%) | $399,152 (24.9%) | 0.00 | 47 |
| 2023-01-01 | $372,114 (14.5%) | $376,274 (-9.9%) | 0.00 | 35 |
| 2023-02-01 | $364,685 (7.8%) | $373,142 (-13.2%) | 0.00 | 38 |
| 2023-03-01 | $372,360 (10.0%) | $398,421 (-6.1%) | 0.00 | 40 |
| 2023-04-01 | $353,685 (9.6%) | $451,105 (7.4%) | 0.00 | 37 |
| 2023-05-01 | $336,200 (4.2%) | $432,723 (28.3%) | 0.00 | 39 |
| 2023-06-01 | $300,800 (-1.3%) | $387,987 (17.9%) | 0.00 | 57 |
| 2023-07-01 | $329,900 (-10.8%) | $396,061 (-6.6%) | 0.00 | 61 |
| 2023-08-01 | $351,818 (-2.2%) | $375,168 (-13.4%) | 0.00 | 63 |
| 2023-09-01 | $350,000 (-6.4%) | $389,742 (-9.2%) | 0.00 | 74 |
| 2023-10-01 | $342,900 (-2.0%) | $389,467 (-9.8%) | 0.00 | 76 |
| 2023-11-01 | $329,925 (-15.5%) | $374,391 (-21.2%) | 0.00 | 80 |
| 2023-12-01 | $325,000 (-15.6%) | $368,876 (-7.6%) | 0.00 | 67 |
| 2024-01-01 | $338,675 (-9.0%) | $389,513 (3.5%) | 0.00 | 60 |
| 2024-02-01 | $363,843 (-0.2%) | $384,245 (3.0%) | 0.00 | 51 |
| 2024-03-01 | $368,685 (-1.0%) | $393,426 (-1.3%) | 0.00 | 52 |
Stevens Point's median listing price comes in at 0% of the national average.
Stevens Point's average listing price for 2024-03-01 was $393,426, a difference of $-4,995 (-1.3%) versus the prior year and $9,181 versus the prior month.
For the 2024-03-01 period, Stevens Point had 52 MLS listings, a difference of 1 listings (2%) versus the prior month and 12 listings (30%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Stevens Point (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,005 sqft |
| 2018-02-01 | 0 days | 2,034 sqft |
| 2018-03-01 | 0 days | 2,135 sqft |
| 2018-04-01 | 0 days | 2,165 sqft |
| 2018-05-01 | 0 days | 2,128 sqft |
| 2018-06-01 | 0 days | 2,038 sqft |
| 2018-07-01 | 0 days | 2,047 sqft |
| 2018-08-01 | 0 days | 2,050 sqft |
| 2018-09-01 | 0 days | 2,064 sqft |
| 2018-10-01 | 0 days | 2,060 sqft |
| 2018-11-01 | 0 days | 2,094 sqft |
| 2018-12-01 | 0 days | 1,983 sqft |
| 2019-01-01 | 0 days | 1,971 sqft |
| 2019-02-01 | 0 days | 1,979 sqft |
| 2019-03-01 | 0 days | 2,010 sqft |
| 2019-04-01 | 0 days | 2,069 sqft |
| 2019-05-01 | 0 days | 2,082 sqft |
| 2019-06-01 | 0 days | 2,026 sqft |
| 2019-07-01 | 0 days | 2,060 sqft |
| 2019-08-01 | 0 days | 2,081 sqft |
| 2019-09-01 | 0 days | 2,112 sqft |
| 2019-10-01 | 0 days | 2,137 sqft |
| 2019-11-01 | 0 days | 2,172 sqft |
| 2019-12-01 | 0 days | 2,174 sqft |
| 2020-01-01 | 0 days | 2,160 sqft |
| 2020-02-01 | 0 days | 2,177 sqft |
| 2020-03-01 | 0 days | 2,223 sqft |
| 2020-04-01 | 0 days | 2,105 sqft |
| 2020-05-01 | 0 days | 2,400 sqft |
| 2020-06-01 | 0 days | 2,269 sqft |
| 2020-07-01 | 0 days | 2,333 sqft |
| 2020-08-01 | 0 days | 2,252 sqft |
| 2020-09-01 | 0 days | 2,227 sqft |
| 2020-10-01 | 0 days | 2,020 sqft |
| 2020-11-01 | 0 days | 1,971 sqft |
| 2020-12-01 | 0 days | 1,934 sqft |
| 2021-01-01 | 0 days | 1,853 sqft |
| 2021-02-01 | 0 days | 1,964 sqft |
| 2021-03-01 | 0 days | 1,983 sqft |
| 2021-04-01 | 0 days | 2,035 sqft |
| 2021-05-01 | 0 days | 2,005 sqft |
| 2021-06-01 | 0 days | 1,959 sqft |
| 2021-07-01 | 0 days | 2,018 sqft |
| 2021-08-01 | 0 days | 2,035 sqft |
| 2021-09-01 | 0 days | 2,090 sqft |
| 2021-10-01 | 0 days | 2,038 sqft |
| 2021-11-01 | 0 days | 2,021 sqft |
| 2021-12-01 | 0 days | 2,011 sqft |
| 2022-01-01 | 0 days | 2,090 sqft |
| 2022-02-01 | 0 days | 2,062 sqft |
| 2022-03-01 | 0 days | 1,995 sqft |
| 2022-04-01 | 0 days | 1,942 sqft |
| 2022-05-01 | 0 days | 1,941 sqft |
| 2022-06-01 | 0 days | 1,956 sqft |
| 2022-07-01 | 0 days | 2,110 sqft |
| 2022-08-01 | 0 days | 2,161 sqft |
| 2022-09-01 | 0 days | 2,193 sqft |
| 2022-10-01 | 0 days | 2,096 sqft |
| 2022-11-01 | 0 days | 2,416 sqft |
| 2022-12-01 | 0 days | 2,352 sqft |
| 2023-01-01 | 0 days | 1,995 sqft |
| 2023-02-01 | 0 days | 1,926 sqft |
| 2023-03-01 | 0 days | 1,915 sqft |
| 2023-04-01 | 0 days | 1,840 sqft |
| 2023-05-01 | 0 days | 1,731 sqft |
| 2023-06-01 | 0 days | 1,778 sqft |
| 2023-07-01 | 0 days | 1,850 sqft |
| 2023-08-01 | 0 days | 2,061 sqft |
| 2023-09-01 | 0 days | 2,154 sqft |
| 2023-10-01 | 0 days | 2,094 sqft |
| 2023-11-01 | 0 days | 2,090 sqft |
| 2023-12-01 | 0 days | 2,014 sqft |
| 2024-01-01 | 0 days | 2,111 sqft |
| 2024-02-01 | 0 days | 1,958 sqft |
| 2024-03-01 | 0 days | 1,890 sqft |
Stevens Point's median square footage for active listings during the 2024-03-01 period was 1,890 sqft. One year prior, the average listing was 1,915 sqft.