Tahlequah USDA Loan Rates, Closing Costs & Stats

Tahlequah, OK

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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.

    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 6.18% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

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

    The average rate for the prior week (2024-12-06) was 6.42% and one month ago for the week of 2024-11-08, the average rate was 6.63%.

    The average rate one year ago was 6.7%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.4%.

    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
    2024-11-01 $280,000 (3.4%) $353,427 (9.2%) 0.00 145
    Tahlequah's median listing price for 2024-11-01 was $280,000, a difference of $9,144 (3.4%) versus the prior year and $-1,950 versus the prior month.

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

    Tahlequah's average listing price for 2024-11-01 was $353,427, a difference of $29,723 (9.2%) versus the prior year and $-1,514 versus the prior month.

    For the 2024-11-01 period, Tahlequah had 145 MLS listings, a difference of 8 listings (6%) versus the prior month and 34 listings (31%) 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
    2024-11-01 0 days 1,875 sqft
    Tahlequah's median listing age (time on market) for 2024-11-01 was 0 days.

    Tahlequah's median square footage for active listings during the 2024-11-01 period was 1,875 sqft. One year prior, the average listing was 1,762 sqft.