Tahlequah USDA Loan Rates, Closing Costs & Stats

Tahlequah, 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.

Tahlequah's 9 lenders originated 25 USDA loans during 2023. The total origination value was $4,295,000, with an average USDA loan value of $171,800.

Tahlequah USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Tahlequah averaged -0.02% for the week of 2024-11-29, compared to the national average (all USDA variants) of 0% for the same period.

Tahlequah's average USDA mortgage closing costs are $6,050.

The average rate for the prior week (2024-11-22) was 6.28% and one month ago for the week of 2024-10-25, the average rate was 6.18%.

The average rate one year ago was 7.18%.

For refis of the same type during the week of 2024-11-29, the average rate was -0.2%.

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

Tahlequah 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 Tahlequah level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
OPEN MORTGAGE, LLC 8 6.45% $9,409
United Fidelity Funding Corp. 4 6.66% $7,185
TTCU Federal Credit Union 3 6.75% $5,331
BancFirst 2 6.63% $6,174
Arvest Bank 2 7.44% $5,791
MID AMERICA MORTGAGE, INC. 2 7.06% $5,418
US MORTGAGE CORPORATION 1 6.25% $4,910
First United Bank and Trust Company 1 7.63% $6,948
American Bank of Oklahoma 1 6.38% $6,779

The top Tahlequah USDA lender as defined by loan originations is OPEN MORTGAGE, LLC, with 8 USDA loans originated. Their average total fees are $9,409, which is $2,224 higher than the next largest lender, United Fidelity Funding Corp..

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Tahlequah (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 $160,200 (14.1%) $197,932 (5.5%) 0.00 231
2018-02-01 $158,725 (9.7%) $193,359 (-1.5%) 0.00 232
2018-03-01 $155,000 (6.6%) $191,981 (-4.4%) 0.00 223
2018-04-01 $153,215 (4.6%) $188,218 (-3.4%) 0.00 231
2018-05-01 $160,750 (10.9%) $203,703 (6.4%) 0.00 215
2018-06-01 $154,900 (7.8%) $196,219 (5.4%) 0.00 223
2018-07-01 $157,850 (12.8%) $200,630 (8.4%) 0.00 227
2018-08-01 $152,475 (2.9%) $197,306 (2.9%) 0.00 229
2018-09-01 $149,950 (-1.0%) $195,383 (-2.2%) 0.00 220
2018-10-01 $158,588 (1.0%) $201,751 (0.1%) 0.00 211
2018-11-01 $177,400 (8.3%) $210,627 (4.5%) 0.00 202
2018-12-01 $179,900 (14.2%) $211,139 (6.9%) 0.00 185
2019-01-01 $168,700 (5.3%) $204,265 (3.2%) 0.00 189
2019-02-01 $155,000 (-2.4%) $197,647 (2.2%) 0.00 187
2019-03-01 $154,000 (-0.7%) $196,457 (2.3%) 0.00 187
2019-04-01 $154,100 (0.6%) $202,311 (7.5%) 0.00 186
2019-05-01 $163,775 (1.9%) $213,271 (4.7%) 0.00 204
2019-06-01 $167,450 (8.1%) $218,992 (11.6%) 0.00 205
2019-07-01 $160,375 (1.6%) $219,864 (9.6%) 0.00 210
2019-08-01 $165,973 (8.9%) $225,640 (14.4%) 0.00 215
2019-09-01 $173,807 (15.9%) $233,474 (19.5%) 0.00 217
2019-10-01 $182,450 (15.1%) $240,334 (19.1%) 0.00 218
2019-11-01 $182,700 (3.0%) $241,845 (14.8%) 0.00 203
2019-12-01 $188,900 (5.0%) $248,056 (17.5%) 0.00 199
2020-01-01 $178,000 (5.5%) $235,130 (15.1%) 0.00 198
2020-02-01 $169,900 (9.6%) $232,929 (17.9%) 0.00 189
2020-03-01 $175,475 (13.9%) $234,140 (19.2%) 0.00 199
2020-04-01 $181,850 (18.0%) $234,692 (16.0%) 0.00 193
2020-05-01 $189,900 (16.0%) $242,405 (13.7%) 0.00 173
2020-06-01 $189,900 (13.4%) $241,038 (10.1%) 0.00 172
2020-07-01 $195,875 (22.1%) $252,962 (15.1%) 0.00 160
2020-08-01 $199,100 (20.0%) $268,518 (19.0%) 0.00 130
2020-09-01 $189,500 (9.0%) $266,430 (14.1%) 0.00 110
2020-10-01 $187,400 (2.7%) $273,323 (13.7%) 0.00 89
2020-11-01 $189,925 (4.0%) $278,888 (15.3%) 0.00 83
2020-12-01 $201,975 (6.9%) $285,060 (14.9%) 0.00 70
2021-01-01 $199,500 (12.1%) $271,064 (15.3%) 0.00 67
2021-02-01 $204,450 (20.3%) $285,371 (22.5%) 0.00 68
2021-03-01 $189,300 (7.9%) $273,360 (16.8%) 0.00 62
2021-04-01 $192,500 (5.9%) $295,521 (25.9%) 0.00 55
2021-05-01 $195,750 (3.1%) $300,216 (23.9%) 0.00 61
2021-06-01 $211,075 (11.2%) $335,042 (39.0%) 0.00 63
2021-07-01 $209,950 (7.2%) $318,685 (26.0%) 0.00 70
2021-08-01 $219,700 (10.4%) $309,759 (15.4%) 0.00 70
2021-09-01 $220,950 (16.6%) $318,184 (19.4%) 0.00 75
2021-10-01 $219,900 (17.3%) $318,219 (16.4%) 0.00 69
2021-11-01 $228,000 (20.1%) $332,573 (19.3%) 0.00 67
2021-12-01 $219,900 (8.9%) $315,689 (10.7%) 0.00 77
2022-01-01 $220,000 (10.3%) $315,438 (16.4%) 0.00 76
2022-02-01 $232,500 (13.7%) $343,522 (20.4%) 0.00 68
2022-03-01 $240,000 (26.8%) $321,875 (17.8%) 0.00 71
2022-04-01 $264,500 (37.4%) $347,748 (17.7%) 0.00 71
2022-05-01 $258,850 (32.2%) $326,693 (8.8%) 0.00 80
2022-06-01 $274,225 (29.9%) $354,039 (5.7%) 0.00 79
2022-07-01 $265,000 (26.2%) $354,664 (11.3%) 0.00 93
2022-08-01 $268,375 (22.2%) $352,485 (13.8%) 0.00 103
2022-09-01 $239,000 (8.2%) $344,493 (8.3%) 0.00 113
2022-10-01 $239,500 (8.9%) $335,024 (5.3%) 0.00 106
2022-11-01 $234,213 (2.7%) $329,497 (-0.9%) 0.00 118
2022-12-01 $249,000 (13.2%) $327,321 (3.7%) 0.00 126
2023-01-01 $269,900 (22.7%) $349,011 (10.6%) 0.00 115
2023-02-01 $285,000 (22.6%) $354,576 (3.2%) 0.00 117
2023-03-01 $268,850 (12.0%) $337,891 (5.0%) 0.00 120
2023-04-01 $259,000 (-2.1%) $322,800 (-7.2%) 0.00 115
2023-05-01 $274,725 (6.1%) $334,844 (2.5%) 0.00 114
2023-06-01 $279,900 (2.1%) $330,513 (-6.6%) 0.00 108
2023-07-01 $260,000 (-1.9%) $309,672 (-12.7%) 0.00 106
2023-08-01 $257,450 (-4.1%) $310,247 (-12.0%) 0.00 117
2023-09-01 $259,950 (8.8%) $316,024 (-8.3%) 0.00 119
2023-10-01 $256,100 (6.9%) $313,115 (-6.5%) 0.00 110
2023-11-01 $270,856 (15.7%) $323,704 (-1.8%) 0.00 111
2023-12-01 $247,500 (-0.6%) $294,640 (-10.0%) 0.00 126
2024-01-01 $272,000 (0.8%) $318,153 (-8.8%) 0.00 121
2024-02-01 $275,450 (-3.4%) $350,942 (-1.0%) 0.00 133
2024-03-01 $274,700 (2.2%) $342,116 (1.3%) 0.00 131
2024-04-01 $270,425 (4.4%) $334,646 (3.7%) 0.00 140
2024-05-01 $277,225 (0.9%) $349,175 (4.3%) 0.00 145
2024-06-01 $279,999 (0.0%) $353,892 (7.1%) 0.00 149
2024-07-01 $284,475 (9.4%) $345,215 (11.5%) 0.00 145
2024-08-01 $283,000 (9.9%) $347,277 (11.9%) 0.00 143
2024-09-01 $285,000 (9.6%) $363,359 (15.0%) 0.00 138
2024-10-01 $281,950 (10.1%) $354,941 (13.4%) 0.00 137
Tahlequah's median listing price for 2024-10-01 was $281,950, a difference of $25,850 (10.1%) versus the prior year and $-3,050 versus the prior month.

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

Tahlequah's average listing price for 2024-10-01 was $354,941, a difference of $41,826 (13.4%) versus the prior year and $-8,418 versus the prior month.

For the 2024-10-01 period, Tahlequah had 137 MLS listings, a difference of -1 listings (-1%) versus the prior month and 27 listings (25%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Tahlequah (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,786 sqft
2018-02-01 0 days 1,749 sqft
2018-03-01 0 days 1,743 sqft
2018-04-01 0 days 1,694 sqft
2018-05-01 0 days 1,762 sqft
2018-06-01 0 days 1,765 sqft
2018-07-01 0 days 1,778 sqft
2018-08-01 0 days 1,755 sqft
2018-09-01 0 days 1,754 sqft
2018-10-01 0 days 1,788 sqft
2018-11-01 0 days 1,794 sqft
2018-12-01 0 days 1,817 sqft
2019-01-01 0 days 1,794 sqft
2019-02-01 0 days 1,798 sqft
2019-03-01 0 days 1,794 sqft
2019-04-01 0 days 1,796 sqft
2019-05-01 0 days 1,810 sqft
2019-06-01 0 days 1,804 sqft
2019-07-01 0 days 1,810 sqft
2019-08-01 0 days 1,824 sqft
2019-09-01 0 days 1,833 sqft
2019-10-01 0 days 1,861 sqft
2019-11-01 0 days 1,878 sqft
2019-12-01 0 days 1,848 sqft
2020-01-01 0 days 1,794 sqft
2020-02-01 0 days 1,794 sqft
2020-03-01 0 days 1,779 sqft
2020-04-01 0 days 1,782 sqft
2020-05-01 0 days 1,894 sqft
2020-06-01 0 days 1,832 sqft
2020-07-01 0 days 1,903 sqft
2020-08-01 0 days 1,924 sqft
2020-09-01 0 days 1,796 sqft
2020-10-01 0 days 1,830 sqft
2020-11-01 0 days 1,862 sqft
2020-12-01 0 days 1,902 sqft
2021-01-01 0 days 1,730 sqft
2021-02-01 0 days 1,763 sqft
2021-03-01 0 days 1,724 sqft
2021-04-01 0 days 1,668 sqft
2021-05-01 0 days 1,684 sqft
2021-06-01 0 days 1,696 sqft
2021-07-01 0 days 1,684 sqft
2021-08-01 0 days 1,592 sqft
2021-09-01 0 days 1,701 sqft
2021-10-01 0 days 1,647 sqft
2021-11-01 0 days 1,691 sqft
2021-12-01 0 days 1,688 sqft
2022-01-01 0 days 1,700 sqft
2022-02-01 0 days 1,764 sqft
2022-03-01 0 days 1,823 sqft
2022-04-01 0 days 1,842 sqft
2022-05-01 0 days 1,786 sqft
2022-06-01 0 days 1,887 sqft
2022-07-01 0 days 1,690 sqft
2022-08-01 0 days 1,716 sqft
2022-09-01 0 days 1,632 sqft
2022-10-01 0 days 1,692 sqft
2022-11-01 0 days 1,680 sqft
2022-12-01 0 days 1,749 sqft
2023-01-01 0 days 1,808 sqft
2023-02-01 0 days 1,842 sqft
2023-03-01 0 days 1,792 sqft
2023-04-01 0 days 1,812 sqft
2023-05-01 0 days 1,896 sqft
2023-06-01 0 days 1,883 sqft
2023-07-01 0 days 1,802 sqft
2023-08-01 0 days 1,736 sqft
2023-09-01 0 days 1,697 sqft
2023-10-01 0 days 1,644 sqft
2023-11-01 0 days 1,762 sqft
2023-12-01 0 days 1,619 sqft
2024-01-01 0 days 1,677 sqft
2024-02-01 0 days 1,737 sqft
2024-03-01 0 days 1,733 sqft
2024-04-01 0 days 1,711 sqft
2024-05-01 0 days 1,755 sqft
2024-06-01 0 days 1,838 sqft
2024-07-01 0 days 1,850 sqft
2024-08-01 0 days 1,740 sqft
2024-09-01 0 days 1,821 sqft
2024-10-01 0 days 1,850 sqft
Tahlequah's median listing age (time on market) for 2024-10-01 was 0 days.

Tahlequah's median square footage for active listings during the 2024-10-01 period was 1,850 sqft. One year prior, the average listing was 1,644 sqft.