Stillwater USDA Loan Rates, Closing Costs & Stats
Stillwater, OK
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.
Stillwater's 9 lenders originated 13 USDA loans during 2023. The total origination value was $2,095,000, with an average USDA loan value of $161,154.
Stillwater USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Stillwater
averaged
7.02%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Stillwater's average USDA mortgage closing costs are $4,740.
The average rate for the prior week (2024-04-12) was
6.87% and
one month ago for the week of 2024-03-15, the
average rate was 6.35%.
The average rate one year ago was 6.29%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.96%.
Stillwater 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 Stillwater level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| FLAT BRANCH MORTGAGE, INC. | 2 | 6.94% | $7,423 |
| SENTE MORTGAGE, INC. | 2 | 6.88% | $7,974 |
| CORNERSTONE HOME LENDING, INC. | 2 | 6.50% | $10,822 |
| GERSHMAN INVESTMENT CORP. | 1 | 6.00% | $6,911 |
| OPEN MORTGAGE, LLC | 1 | 6.25% | $5,985 |
| AMCAP MORTGAGE, LTD. | 1 | 6.25% | $4,580 |
| UNION HOME MORTGAGE CORP. | 1 | 7.63% | $6,064 |
| CARDINAL FINANCIAL | 1 | 5.75% | $8,176 |
| FIDELITY BANK | 1 | 5.63% | $6,615 |
The top Stillwater USDA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with
2 USDA loans originated. Their average total fees are
$7,423, which is $550
lower than the next largest lender,
SENTE MORTGAGE, INC..
The lowest fee Stillwater USDA lenders (with over 10 loans originated) are
.
The lowest rate Stillwater USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Stillwater (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 | $177,525 (11.0%) | $238,269 (25.0%) | 0.00 | 269 |
| 2018-02-01 | $183,450 (11.2%) | $234,967 (21.8%) | 0.00 | 291 |
| 2018-03-01 | $179,950 (7.7%) | $235,392 (17.8%) | 0.00 | 319 |
| 2018-04-01 | $191,600 (16.1%) | $249,013 (18.2%) | 0.00 | 292 |
| 2018-05-01 | $193,500 (15.5%) | $251,836 (19.4%) | 0.00 | 294 |
| 2018-06-01 | $189,500 (12.2%) | $245,050 (14.9%) | 0.00 | 312 |
| 2018-07-01 | $194,925 (14.7%) | $247,206 (16.8%) | 0.00 | 349 |
| 2018-08-01 | $189,550 (13.2%) | $245,768 (12.8%) | 0.00 | 345 |
| 2018-09-01 | $189,900 (13.4%) | $239,567 (6.5%) | 0.00 | 329 |
| 2018-10-01 | $181,875 (7.3%) | $235,453 (-0.2%) | 0.00 | 323 |
| 2018-11-01 | $179,998 (3.2%) | $236,481 (-0.3%) | 0.00 | 330 |
| 2018-12-01 | $179,900 (3.4%) | $231,636 (-2.1%) | 0.00 | 310 |
| 2019-01-01 | $187,850 (5.8%) | $234,772 (-1.5%) | 0.00 | 294 |
| 2019-02-01 | $189,900 (3.5%) | $240,648 (2.4%) | 0.00 | 304 |
| 2019-03-01 | $194,186 (7.9%) | $246,963 (4.9%) | 0.00 | 320 |
| 2019-04-01 | $196,586 (2.6%) | $256,595 (3.0%) | 0.00 | 331 |
| 2019-05-01 | $191,000 (-1.3%) | $261,167 (3.7%) | 0.00 | 333 |
| 2019-06-01 | $189,900 (0.2%) | $255,223 (4.2%) | 0.00 | 334 |
| 2019-07-01 | $179,950 (-7.7%) | $246,472 (-0.3%) | 0.00 | 315 |
| 2019-08-01 | $182,273 (-3.8%) | $248,753 (1.2%) | 0.00 | 317 |
| 2019-09-01 | $180,432 (-5.0%) | $245,424 (2.5%) | 0.00 | 328 |
| 2019-10-01 | $179,205 (-1.5%) | $243,201 (3.3%) | 0.00 | 337 |
| 2019-11-01 | $175,000 (-2.8%) | $243,934 (3.2%) | 0.00 | 320 |
| 2019-12-01 | $173,975 (-3.3%) | $244,901 (5.7%) | 0.00 | 287 |
| 2020-01-01 | $172,375 (-8.2%) | $240,626 (2.5%) | 0.00 | 265 |
| 2020-02-01 | $174,950 (-7.9%) | $248,863 (3.4%) | 0.00 | 273 |
| 2020-03-01 | $195,450 (0.7%) | $253,298 (2.6%) | 0.00 | 293 |
| 2020-04-01 | $199,850 (1.7%) | $259,909 (1.3%) | 0.00 | 276 |
| 2020-05-01 | $210,000 (10.0%) | $269,978 (3.4%) | 0.00 | 265 |
| 2020-06-01 | $202,475 (6.6%) | $268,821 (5.3%) | 0.00 | 263 |
| 2020-07-01 | $206,750 (14.9%) | $273,466 (11.0%) | 0.00 | 230 |
| 2020-08-01 | $209,900 (15.2%) | $276,811 (11.3%) | 0.00 | 212 |
| 2020-09-01 | $203,100 (12.6%) | $270,856 (10.4%) | 0.00 | 207 |
| 2020-10-01 | $189,900 (6.0%) | $260,752 (7.2%) | 0.00 | 195 |
| 2020-11-01 | $187,875 (7.4%) | $257,394 (5.5%) | 0.00 | 168 |
| 2020-12-01 | $190,225 (9.3%) | $271,415 (10.8%) | 0.00 | 158 |
| 2021-01-01 | $199,900 (16.0%) | $269,871 (12.2%) | 0.00 | 132 |
| 2021-02-01 | $215,000 (22.9%) | $262,021 (5.3%) | 0.00 | 128 |
| 2021-03-01 | $196,750 (0.7%) | $259,941 (2.6%) | 0.00 | 104 |
| 2021-04-01 | $193,166 (-3.3%) | $274,535 (5.6%) | 0.00 | 95 |
| 2021-05-01 | $195,245 (-7.0%) | $254,774 (-5.6%) | 0.00 | 103 |
| 2021-06-01 | $202,500 (0.0%) | $289,043 (7.5%) | 0.00 | 101 |
| 2021-07-01 | $215,000 (4.0%) | $282,781 (3.4%) | 0.00 | 139 |
| 2021-08-01 | $167,500 (-20.2%) | $244,507 (-11.7%) | 0.00 | 182 |
| 2021-09-01 | $190,145 (-6.4%) | $259,119 (-4.3%) | 0.00 | 169 |
| 2021-10-01 | $185,000 (-2.6%) | $285,232 (9.4%) | 0.00 | 169 |
| 2021-11-01 | $177,225 (-5.7%) | $279,678 (8.7%) | 0.00 | 160 |
| 2021-12-01 | $174,950 (-8.0%) | $276,620 (1.9%) | 0.00 | 143 |
| 2022-01-01 | $173,700 (-13.1%) | $279,390 (3.5%) | 0.00 | 114 |
| 2022-02-01 | $178,450 (-17.0%) | $337,212 (28.7%) | 0.00 | 79 |
| 2022-03-01 | $246,850 (25.5%) | $394,394 (51.7%) | 0.00 | 81 |
| 2022-04-01 | $251,633 (30.3%) | $391,928 (42.8%) | 0.00 | 89 |
| 2022-05-01 | $236,200 (21.0%) | $344,442 (35.2%) | 0.00 | 98 |
| 2022-06-01 | $233,750 (15.4%) | $341,601 (18.2%) | 0.00 | 106 |
| 2022-07-01 | $260,500 (21.2%) | $378,452 (33.8%) | 0.00 | 140 |
| 2022-08-01 | $284,338 (69.8%) | $401,725 (64.3%) | 0.00 | 136 |
| 2022-09-01 | $251,843 (32.5%) | $382,480 (47.6%) | 0.00 | 140 |
| 2022-10-01 | $245,000 (32.4%) | $343,727 (20.5%) | 0.00 | 156 |
| 2022-11-01 | $255,069 (43.9%) | $350,091 (25.2%) | 0.00 | 153 |
| 2022-12-01 | $251,340 (43.7%) | $356,110 (28.7%) | 0.00 | 137 |
| 2023-01-01 | $252,170 (45.2%) | $365,923 (31.0%) | 0.00 | 134 |
| 2023-02-01 | $241,853 (35.5%) | $360,840 (7.0%) | 0.00 | 124 |
| 2023-03-01 | $247,486 (0.3%) | $353,764 (-10.3%) | 0.00 | 127 |
| 2023-04-01 | $250,000 (-0.7%) | $347,010 (-11.5%) | 0.00 | 147 |
| 2023-05-01 | $272,450 (15.4%) | $349,371 (1.4%) | 0.00 | 174 |
| 2023-06-01 | $274,950 (17.6%) | $340,020 (-0.5%) | 0.00 | 160 |
| 2023-07-01 | $253,042 (-2.9%) | $325,448 (-14.0%) | 0.00 | 188 |
| 2023-08-01 | $267,125 (-6.1%) | $319,615 (-20.4%) | 0.00 | 196 |
| 2023-09-01 | $240,000 (-4.7%) | $314,700 (-17.7%) | 0.00 | 212 |
| 2023-10-01 | $237,175 (-3.2%) | $304,199 (-11.5%) | 0.00 | 216 |
| 2023-11-01 | $249,350 (-2.2%) | $340,735 (-2.7%) | 0.00 | 212 |
| 2023-12-01 | $239,900 (-4.6%) | $337,550 (-5.2%) | 0.00 | 208 |
| 2024-01-01 | $231,371 (-8.3%) | $334,865 (-8.5%) | 0.00 | 207 |
| 2024-02-01 | $236,504 (-2.2%) | $357,498 (-0.9%) | 0.00 | 209 |
| 2024-03-01 | $240,000 (-3.0%) | $369,940 (4.6%) | 0.00 | 217 |
Stillwater's median listing price comes in at 0% of the national average.
Stillwater's average listing price for 2024-03-01 was $369,940, a difference of $16,176 (4.6%) versus the prior year and $12,442 versus the prior month.
For the 2024-03-01 period, Stillwater had 217 MLS listings, a difference of 8 listings (4%) versus the prior month and 90 listings (71%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Stillwater (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,751 sqft |
| 2018-02-01 | 0 days | 1,770 sqft |
| 2018-03-01 | 0 days | 1,818 sqft |
| 2018-04-01 | 0 days | 1,839 sqft |
| 2018-05-01 | 0 days | 1,897 sqft |
| 2018-06-01 | 0 days | 1,842 sqft |
| 2018-07-01 | 0 days | 1,875 sqft |
| 2018-08-01 | 0 days | 1,841 sqft |
| 2018-09-01 | 0 days | 1,813 sqft |
| 2018-10-01 | 0 days | 1,776 sqft |
| 2018-11-01 | 0 days | 1,823 sqft |
| 2018-12-01 | 0 days | 1,746 sqft |
| 2019-01-01 | 0 days | 1,749 sqft |
| 2019-02-01 | 0 days | 1,815 sqft |
| 2019-03-01 | 0 days | 1,845 sqft |
| 2019-04-01 | 0 days | 1,878 sqft |
| 2019-05-01 | 0 days | 1,894 sqft |
| 2019-06-01 | 0 days | 1,864 sqft |
| 2019-07-01 | 0 days | 1,798 sqft |
| 2019-08-01 | 0 days | 1,797 sqft |
| 2019-09-01 | 0 days | 1,787 sqft |
| 2019-10-01 | 0 days | 1,780 sqft |
| 2019-11-01 | 0 days | 1,780 sqft |
| 2019-12-01 | 0 days | 1,811 sqft |
| 2020-01-01 | 0 days | 1,791 sqft |
| 2020-02-01 | 0 days | 1,772 sqft |
| 2020-03-01 | 0 days | 1,829 sqft |
| 2020-04-01 | 0 days | 1,879 sqft |
| 2020-05-01 | 0 days | 1,917 sqft |
| 2020-06-01 | 0 days | 1,865 sqft |
| 2020-07-01 | 0 days | 1,872 sqft |
| 2020-08-01 | 0 days | 1,881 sqft |
| 2020-09-01 | 0 days | 1,802 sqft |
| 2020-10-01 | 0 days | 1,760 sqft |
| 2020-11-01 | 0 days | 1,722 sqft |
| 2020-12-01 | 0 days | 1,760 sqft |
| 2021-01-01 | 0 days | 1,806 sqft |
| 2021-02-01 | 0 days | 1,847 sqft |
| 2021-03-01 | 0 days | 1,767 sqft |
| 2021-04-01 | 0 days | 1,727 sqft |
| 2021-05-01 | 0 days | 1,548 sqft |
| 2021-06-01 | 0 days | 1,545 sqft |
| 2021-07-01 | 0 days | 1,713 sqft |
| 2021-08-01 | 0 days | 1,391 sqft |
| 2021-09-01 | 0 days | 1,528 sqft |
| 2021-10-01 | 0 days | 1,477 sqft |
| 2021-11-01 | 0 days | 1,434 sqft |
| 2021-12-01 | 0 days | 1,511 sqft |
| 2022-01-01 | 0 days | 1,458 sqft |
| 2022-02-01 | 0 days | 1,494 sqft |
| 2022-03-01 | 0 days | 1,778 sqft |
| 2022-04-01 | 0 days | 1,839 sqft |
| 2022-05-01 | 0 days | 1,655 sqft |
| 2022-06-01 | 0 days | 1,743 sqft |
| 2022-07-01 | 0 days | 1,966 sqft |
| 2022-08-01 | 0 days | 2,041 sqft |
| 2022-09-01 | 0 days | 1,917 sqft |
| 2022-10-01 | 0 days | 1,900 sqft |
| 2022-11-01 | 0 days | 1,916 sqft |
| 2022-12-01 | 0 days | 1,884 sqft |
| 2023-01-01 | 0 days | 1,869 sqft |
| 2023-02-01 | 0 days | 1,840 sqft |
| 2023-03-01 | 0 days | 1,818 sqft |
| 2023-04-01 | 0 days | 1,718 sqft |
| 2023-05-01 | 0 days | 1,753 sqft |
| 2023-06-01 | 0 days | 1,768 sqft |
| 2023-07-01 | 0 days | 1,661 sqft |
| 2023-08-01 | 0 days | 1,698 sqft |
| 2023-09-01 | 0 days | 1,665 sqft |
| 2023-10-01 | 0 days | 1,633 sqft |
| 2023-11-01 | 0 days | 1,691 sqft |
| 2023-12-01 | 0 days | 1,690 sqft |
| 2024-01-01 | 0 days | 1,628 sqft |
| 2024-02-01 | 0 days | 1,676 sqft |
| 2024-03-01 | 0 days | 1,676 sqft |
Stillwater's median square footage for active listings during the 2024-03-01 period was 1,676 sqft. One year prior, the average listing was 1,818 sqft.