Twin Falls USDA Loan Rates, Closing Costs & Stats
TWIN FALLS, ID
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.
Twin Falls's 6 lenders originated 11 USDA loans during 2023. The total origination value was $2,745,000, with an average USDA loan value of $249,545.
Twin Falls USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Twin Falls
averaged
6.4%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Twin Falls's average USDA mortgage closing costs are $6,460.
The average rate for the prior week (2024-04-12) was
6.55% and
one month ago for the week of 2024-03-15, the
average rate was 6.34%.
The average rate one year ago was 5.87%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.62%.
Twin Falls 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 Twin Falls level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| AXIA FINANCIAL, LLC | 2 | 6.25% | $7,409 |
| CORNERSTONE HOME LENDING, INC. | 2 | 5.81% | $10,541 |
| First Federal Savings Bank of Twin Falls | 1 | 5.63% | $7,875 |
| GUILD MORTGAGE COMPANY | 1 | 5.63% | $8,628 |
| IDAHO CENTRAL | 1 | 5.63% | $11,830 |
| NFM, INC. | 1 | 5.88% | $15,653 |
The top Twin Falls USDA lender as defined by loan originations is AXIA FINANCIAL, LLC, with
2 USDA loans originated. Their average total fees are
$7,409, which is $3,132
lower than the next largest lender,
CORNERSTONE HOME LENDING, INC..
The lowest fee Twin Falls USDA lenders (with over 10 loans originated) are
.
The lowest rate Twin Falls USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Twin Falls (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 | $239,900 (14.3%) | $296,653 (11.5%) | 0.00 | 344 |
| 2018-02-01 | $239,900 (7.4%) | $303,662 (11.4%) | 0.00 | 307 |
| 2018-03-01 | $249,450 (10.6%) | $309,121 (12.8%) | 0.00 | 300 |
| 2018-04-01 | $244,968 (2.1%) | $303,741 (6.2%) | 0.00 | 315 |
| 2018-05-01 | $254,946 (1.3%) | $318,482 (6.5%) | 0.00 | 320 |
| 2018-06-01 | $249,000 (-0.4%) | $314,078 (5.8%) | 0.00 | 375 |
| 2018-07-01 | $244,400 (-2.0%) | $305,534 (1.8%) | 0.00 | 400 |
| 2018-08-01 | $240,325 (-3.7%) | $298,885 (-0.6%) | 0.00 | 387 |
| 2018-09-01 | $247,990 (-0.4%) | $304,527 (3.0%) | 0.00 | 388 |
| 2018-10-01 | $247,993 (1.7%) | $306,243 (4.9%) | 0.00 | 383 |
| 2018-11-01 | $252,450 (5.2%) | $309,146 (5.0%) | 0.00 | 361 |
| 2018-12-01 | $260,995 (8.8%) | $313,554 (7.1%) | 0.00 | 334 |
| 2019-01-01 | $252,475 (5.2%) | $300,334 (1.2%) | 0.00 | 313 |
| 2019-02-01 | $248,600 (3.6%) | $304,094 (0.1%) | 0.00 | 304 |
| 2019-03-01 | $258,193 (3.5%) | $313,982 (1.6%) | 0.00 | 314 |
| 2019-04-01 | $261,918 (6.9%) | $322,751 (6.3%) | 0.00 | 326 |
| 2019-05-01 | $274,750 (7.8%) | $331,645 (4.1%) | 0.00 | 342 |
| 2019-06-01 | $274,000 (10.0%) | $334,647 (6.6%) | 0.00 | 370 |
| 2019-07-01 | $264,450 (8.2%) | $310,324 (1.6%) | 0.00 | 405 |
| 2019-08-01 | $255,291 (6.2%) | $308,359 (3.2%) | 0.00 | 409 |
| 2019-09-01 | $255,127 (2.9%) | $319,008 (4.8%) | 0.00 | 402 |
| 2019-10-01 | $255,018 (2.8%) | $327,928 (7.1%) | 0.00 | 393 |
| 2019-11-01 | $258,900 (2.6%) | $331,637 (7.3%) | 0.00 | 373 |
| 2019-12-01 | $265,000 (1.5%) | $339,923 (8.4%) | 0.00 | 324 |
| 2020-01-01 | $262,475 (4.0%) | $326,613 (8.8%) | 0.00 | 303 |
| 2020-02-01 | $267,201 (7.5%) | $332,440 (9.3%) | 0.00 | 285 |
| 2020-03-01 | $281,000 (8.8%) | $340,044 (8.3%) | 0.00 | 263 |
| 2020-04-01 | $278,948 (6.5%) | $336,047 (4.1%) | 0.00 | 298 |
| 2020-05-01 | $295,000 (7.4%) | $361,934 (9.1%) | 0.00 | 269 |
| 2020-06-01 | $299,975 (9.5%) | $386,243 (15.4%) | 0.00 | 255 |
| 2020-07-01 | $301,995 (14.2%) | $392,290 (26.4%) | 0.00 | 227 |
| 2020-08-01 | $310,000 (21.4%) | $400,155 (29.8%) | 0.00 | 197 |
| 2020-09-01 | $305,365 (19.7%) | $391,224 (22.6%) | 0.00 | 172 |
| 2020-10-01 | $300,000 (17.6%) | $394,030 (20.2%) | 0.00 | 154 |
| 2020-11-01 | $334,475 (29.2%) | $411,426 (24.1%) | 0.00 | 146 |
| 2020-12-01 | $352,450 (33.0%) | $425,984 (25.3%) | 0.00 | 125 |
| 2021-01-01 | $362,900 (38.3%) | $461,174 (41.2%) | 0.00 | 105 |
| 2021-02-01 | $358,960 (34.3%) | $469,438 (41.2%) | 0.00 | 79 |
| 2021-03-01 | $370,250 (31.8%) | $464,481 (36.6%) | 0.00 | 72 |
| 2021-04-01 | $371,225 (33.1%) | $478,109 (42.3%) | 0.00 | 81 |
| 2021-05-01 | $349,950 (18.6%) | $458,197 (26.6%) | 0.00 | 99 |
| 2021-06-01 | $354,950 (18.3%) | $456,821 (18.3%) | 0.00 | 130 |
| 2021-07-01 | $350,000 (15.9%) | $446,645 (13.9%) | 0.00 | 176 |
| 2021-08-01 | $382,000 (23.2%) | $482,714 (20.6%) | 0.00 | 224 |
| 2021-09-01 | $376,125 (23.2%) | $480,178 (22.7%) | 0.00 | 208 |
| 2021-10-01 | $380,950 (27.0%) | $513,570 (30.3%) | 0.00 | 178 |
| 2021-11-01 | $406,200 (21.4%) | $527,682 (28.3%) | 0.00 | 139 |
| 2021-12-01 | $407,450 (15.6%) | $536,532 (26.0%) | 0.00 | 128 |
| 2022-01-01 | $434,800 (19.8%) | $561,303 (21.7%) | 0.00 | 120 |
| 2022-02-01 | $475,735 (32.5%) | $572,139 (21.9%) | 0.00 | 128 |
| 2022-03-01 | $469,860 (26.9%) | $548,868 (18.2%) | 0.00 | 152 |
| 2022-04-01 | $460,000 (23.9%) | $518,775 (8.5%) | 0.00 | 174 |
| 2022-05-01 | $459,900 (31.4%) | $540,791 (18.0%) | 0.00 | 225 |
| 2022-06-01 | $467,450 (31.7%) | $534,709 (17.1%) | 0.00 | 282 |
| 2022-07-01 | $455,500 (30.1%) | $532,907 (19.3%) | 0.00 | 384 |
| 2022-08-01 | $449,750 (17.7%) | $530,692 (9.9%) | 0.00 | 425 |
| 2022-09-01 | $436,750 (16.1%) | $520,075 (8.3%) | 0.00 | 449 |
| 2022-10-01 | $430,000 (12.9%) | $513,969 (0.1%) | 0.00 | 447 |
| 2022-11-01 | $429,225 (5.7%) | $500,116 (-5.2%) | 0.00 | 453 |
| 2022-12-01 | $415,000 (1.9%) | $485,675 (-9.5%) | 0.00 | 421 |
| 2023-01-01 | $417,463 (-4.0%) | $485,253 (-13.6%) | 0.00 | 388 |
| 2023-02-01 | $421,500 (-11.4%) | $495,561 (-13.4%) | 0.00 | 356 |
| 2023-03-01 | $432,498 (-8.0%) | $514,653 (-6.2%) | 0.00 | 330 |
| 2023-04-01 | $441,990 (-3.9%) | $521,741 (0.6%) | 0.00 | 330 |
| 2023-05-01 | $441,950 (-3.9%) | $524,256 (-3.1%) | 0.00 | 342 |
| 2023-06-01 | $450,600 (-3.6%) | $526,284 (-1.6%) | 0.00 | 357 |
| 2023-07-01 | $449,900 (-1.2%) | $525,445 (-1.4%) | 0.00 | 365 |
| 2023-08-01 | $443,475 (-1.4%) | $536,059 (1.0%) | 0.00 | 371 |
| 2023-09-01 | $436,000 (-0.2%) | $526,672 (1.3%) | 0.00 | 394 |
| 2023-10-01 | $416,000 (-3.3%) | $506,738 (-1.4%) | 0.00 | 401 |
| 2023-11-01 | $409,550 (-4.6%) | $498,154 (-0.4%) | 0.00 | 402 |
| 2023-12-01 | $409,900 (-1.2%) | $501,692 (3.3%) | 0.00 | 382 |
| 2024-01-01 | $402,450 (-3.6%) | $504,676 (4.0%) | 0.00 | 334 |
| 2024-02-01 | $410,000 (-2.7%) | $506,656 (2.2%) | 0.00 | 335 |
| 2024-03-01 | $409,450 (-5.3%) | $502,480 (-2.4%) | 0.00 | 329 |
Twin Falls's median listing price comes in at 0% of the national average.
Twin Falls's average listing price for 2024-03-01 was $502,480, a difference of $-12,173 (-2.4%) versus the prior year and $-4,176 versus the prior month.
For the 2024-03-01 period, Twin Falls had 329 MLS listings, a difference of -6 listings (-2%) versus the prior month and -1 listings (0%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Twin Falls (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,072 sqft |
| 2018-02-01 | 0 days | 2,061 sqft |
| 2018-03-01 | 0 days | 2,076 sqft |
| 2018-04-01 | 0 days | 2,072 sqft |
| 2018-05-01 | 0 days | 2,194 sqft |
| 2018-06-01 | 0 days | 2,076 sqft |
| 2018-07-01 | 0 days | 2,029 sqft |
| 2018-08-01 | 0 days | 1,933 sqft |
| 2018-09-01 | 0 days | 1,934 sqft |
| 2018-10-01 | 0 days | 1,929 sqft |
| 2018-11-01 | 0 days | 1,932 sqft |
| 2018-12-01 | 0 days | 2,050 sqft |
| 2019-01-01 | 0 days | 1,993 sqft |
| 2019-02-01 | 0 days | 1,950 sqft |
| 2019-03-01 | 0 days | 1,976 sqft |
| 2019-04-01 | 0 days | 1,976 sqft |
| 2019-05-01 | 0 days | 2,041 sqft |
| 2019-06-01 | 0 days | 2,053 sqft |
| 2019-07-01 | 0 days | 1,990 sqft |
| 2019-08-01 | 0 days | 1,950 sqft |
| 2019-09-01 | 0 days | 1,961 sqft |
| 2019-10-01 | 0 days | 1,985 sqft |
| 2019-11-01 | 0 days | 2,027 sqft |
| 2019-12-01 | 0 days | 2,009 sqft |
| 2020-01-01 | 0 days | 2,021 sqft |
| 2020-02-01 | 0 days | 2,036 sqft |
| 2020-03-01 | 0 days | 2,047 sqft |
| 2020-04-01 | 0 days | 2,053 sqft |
| 2020-05-01 | 0 days | 2,112 sqft |
| 2020-06-01 | 0 days | 2,200 sqft |
| 2020-07-01 | 0 days | 2,215 sqft |
| 2020-08-01 | 0 days | 2,197 sqft |
| 2020-09-01 | 0 days | 2,094 sqft |
| 2020-10-01 | 0 days | 2,072 sqft |
| 2020-11-01 | 0 days | 2,172 sqft |
| 2020-12-01 | 0 days | 2,105 sqft |
| 2021-01-01 | 0 days | 2,129 sqft |
| 2021-02-01 | 0 days | 2,151 sqft |
| 2021-03-01 | 0 days | 2,231 sqft |
| 2021-04-01 | 0 days | 2,319 sqft |
| 2021-05-01 | 0 days | 2,045 sqft |
| 2021-06-01 | 0 days | 1,907 sqft |
| 2021-07-01 | 0 days | 1,910 sqft |
| 2021-08-01 | 0 days | 1,950 sqft |
| 2021-09-01 | 0 days | 1,938 sqft |
| 2021-10-01 | 0 days | 2,012 sqft |
| 2021-11-01 | 0 days | 2,020 sqft |
| 2021-12-01 | 0 days | 1,986 sqft |
| 2022-01-01 | 0 days | 2,084 sqft |
| 2022-02-01 | 0 days | 2,014 sqft |
| 2022-03-01 | 0 days | 1,936 sqft |
| 2022-04-01 | 0 days | 1,911 sqft |
| 2022-05-01 | 0 days | 1,910 sqft |
| 2022-06-01 | 0 days | 1,926 sqft |
| 2022-07-01 | 0 days | 1,904 sqft |
| 2022-08-01 | 0 days | 1,947 sqft |
| 2022-09-01 | 0 days | 1,923 sqft |
| 2022-10-01 | 0 days | 1,928 sqft |
| 2022-11-01 | 0 days | 1,910 sqft |
| 2022-12-01 | 0 days | 1,898 sqft |
| 2023-01-01 | 0 days | 1,910 sqft |
| 2023-02-01 | 0 days | 1,912 sqft |
| 2023-03-01 | 0 days | 2,002 sqft |
| 2023-04-01 | 0 days | 2,032 sqft |
| 2023-05-01 | 0 days | 2,012 sqft |
| 2023-06-01 | 0 days | 2,061 sqft |
| 2023-07-01 | 0 days | 2,103 sqft |
| 2023-08-01 | 0 days | 2,073 sqft |
| 2023-09-01 | 0 days | 2,034 sqft |
| 2023-10-01 | 0 days | 1,931 sqft |
| 2023-11-01 | 0 days | 1,922 sqft |
| 2023-12-01 | 0 days | 1,906 sqft |
| 2024-01-01 | 0 days | 1,913 sqft |
| 2024-02-01 | 0 days | 1,908 sqft |
| 2024-03-01 | 0 days | 1,874 sqft |
Twin Falls's median square footage for active listings during the 2024-03-01 period was 1,874 sqft. One year prior, the average listing was 2,002 sqft.