Wapakoneta USDA Loan Rates, Closing Costs & Stats
Wapakoneta, OH
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.
Wapakoneta's 7 lenders originated 14 USDA loans during 2023. The total origination value was $1,980,000, with an average USDA loan value of $141,429.
Wapakoneta USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Wapakoneta
averaged
7.1%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Wapakoneta's average USDA mortgage closing costs are $4,765.
The average rate for the prior week (2024-04-12) was
6.85% and
one month ago for the week of 2024-03-15, the
average rate was 6.43%.
The average rate one year ago was 6.57%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.86%.
Wapakoneta 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 Wapakoneta level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| NEWREZ LLC | 3 | 6.54% | $6,538 |
| Western Ohio Mortgage Corporation | 3 | 7.25% | $6,377 |
| Superior Credit Union, Inc. | 2 | 6.50% | $4,017 |
| CROSSCOUNTRY MORTGAGE, LLC | 2 | 6.75% | $9,029 |
| UNION HOME MORTGAGE CORP. | 1 | 6.50% | $7,687 |
| U.S. Bank | 1 | 7.25% | $4,583 |
| Fifth Third Bank | 1 | 6.00% | $4,028 |
The top Wapakoneta USDA lender as defined by loan originations is NEWREZ LLC, with
3 USDA loans originated. Their average total fees are
$6,538, which is $160
higher than the next largest lender,
Western Ohio Mortgage Corporation.
The lowest fee Wapakoneta USDA lenders (with over 10 loans originated) are
.
The lowest rate Wapakoneta USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Wapakoneta (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 | $144,900 (12.2%) | $177,146 (2.7%) | 0.00 | 134 |
| 2018-02-01 | $139,975 (9.1%) | $175,776 (5.3%) | 0.00 | 138 |
| 2018-03-01 | $149,500 (19.2%) | $177,683 (7.1%) | 0.00 | 139 |
| 2018-04-01 | $149,925 (18.6%) | $182,621 (8.5%) | 0.00 | 138 |
| 2018-05-01 | $154,750 (17.2%) | $187,192 (11.5%) | 0.00 | 140 |
| 2018-06-01 | $154,900 (19.6%) | $186,179 (12.4%) | 0.00 | 143 |
| 2018-07-01 | $146,475 (8.6%) | $180,450 (10.1%) | 0.00 | 160 |
| 2018-08-01 | $154,475 (10.4%) | $186,138 (13.4%) | 0.00 | 151 |
| 2018-09-01 | $149,900 (9.4%) | $186,413 (12.9%) | 0.00 | 150 |
| 2018-10-01 | $150,000 (13.1%) | $184,066 (13.0%) | 0.00 | 145 |
| 2018-11-01 | $152,450 (11.1%) | $185,465 (9.2%) | 0.00 | 144 |
| 2018-12-01 | $159,700 (10.4%) | $190,407 (9.2%) | 0.00 | 138 |
| 2019-01-01 | $159,600 (10.1%) | $188,784 (6.6%) | 0.00 | 109 |
| 2019-02-01 | $159,900 (14.2%) | $186,548 (6.1%) | 0.00 | 110 |
| 2019-03-01 | $163,264 (9.2%) | $192,156 (8.2%) | 0.00 | 100 |
| 2019-04-01 | $167,189 (11.5%) | $197,511 (8.2%) | 0.00 | 97 |
| 2019-05-01 | $167,350 (8.1%) | $199,038 (6.3%) | 0.00 | 116 |
| 2019-06-01 | $169,900 (9.7%) | $199,327 (7.1%) | 0.00 | 116 |
| 2019-07-01 | $157,400 (7.5%) | $190,562 (5.6%) | 0.00 | 111 |
| 2019-08-01 | $158,991 (2.9%) | $189,799 (2.0%) | 0.00 | 125 |
| 2019-09-01 | $165,127 (10.2%) | $192,444 (3.2%) | 0.00 | 125 |
| 2019-10-01 | $169,924 (13.3%) | $196,411 (6.7%) | 0.00 | 120 |
| 2019-11-01 | $169,900 (11.5%) | $201,849 (8.8%) | 0.00 | 110 |
| 2019-12-01 | $165,350 (3.5%) | $198,924 (4.5%) | 0.00 | 100 |
| 2020-01-01 | $167,400 (4.9%) | $202,647 (7.3%) | 0.00 | 88 |
| 2020-02-01 | $152,400 (-4.7%) | $196,016 (5.1%) | 0.00 | 94 |
| 2020-03-01 | $158,425 (-3.0%) | $202,055 (5.2%) | 0.00 | 91 |
| 2020-04-01 | $149,650 (-10.5%) | $199,178 (0.8%) | 0.00 | 91 |
| 2020-05-01 | $159,900 (-4.5%) | $206,505 (3.8%) | 0.00 | 82 |
| 2020-06-01 | $149,900 (-11.8%) | $205,787 (3.2%) | 0.00 | 77 |
| 2020-07-01 | $158,250 (0.5%) | $197,995 (3.9%) | 0.00 | 75 |
| 2020-08-01 | $155,900 (-1.9%) | $202,289 (6.6%) | 0.00 | 67 |
| 2020-09-01 | $163,425 (-1.0%) | $208,876 (8.5%) | 0.00 | 62 |
| 2020-10-01 | $164,000 (-3.5%) | $219,596 (11.8%) | 0.00 | 63 |
| 2020-11-01 | $135,000 (-20.5%) | $195,566 (-3.1%) | 0.00 | 62 |
| 2020-12-01 | $139,300 (-15.8%) | $185,292 (-6.9%) | 0.00 | 59 |
| 2021-01-01 | $135,000 (-19.4%) | $190,340 (-6.1%) | 0.00 | 49 |
| 2021-02-01 | $149,950 (-1.6%) | $219,845 (12.2%) | 0.00 | 39 |
| 2021-03-01 | $177,450 (12.0%) | $220,302 (9.0%) | 0.00 | 39 |
| 2021-04-01 | $196,225 (31.1%) | $235,369 (18.2%) | 0.00 | 34 |
| 2021-05-01 | $209,999 (31.3%) | $277,868 (34.6%) | 0.00 | 36 |
| 2021-06-01 | $198,800 (32.6%) | $255,996 (24.4%) | 0.00 | 36 |
| 2021-07-01 | $179,900 (13.7%) | $236,868 (19.6%) | 0.00 | 37 |
| 2021-08-01 | $175,950 (12.9%) | $243,438 (20.3%) | 0.00 | 37 |
| 2021-09-01 | $179,900 (10.1%) | $211,195 (1.1%) | 0.00 | 48 |
| 2021-10-01 | $160,950 (-1.9%) | $214,060 (-2.5%) | 0.00 | 45 |
| 2021-11-01 | $161,975 (20.0%) | $220,064 (12.5%) | 0.00 | 47 |
| 2021-12-01 | $162,000 (16.3%) | $216,536 (16.9%) | 0.00 | 44 |
| 2022-01-01 | $161,850 (19.9%) | $212,228 (11.5%) | 0.00 | 31 |
| 2022-02-01 | $150,508 (0.4%) | $221,655 (0.8%) | 0.00 | 28 |
| 2022-03-01 | $195,350 (10.1%) | $239,536 (8.7%) | 0.00 | 30 |
| 2022-04-01 | $170,000 (-13.4%) | $220,926 (-6.1%) | 0.00 | 30 |
| 2022-05-01 | $184,925 (-11.9%) | $243,257 (-12.5%) | 0.00 | 37 |
| 2022-06-01 | $192,200 (-3.3%) | $253,739 (-0.9%) | 0.00 | 43 |
| 2022-07-01 | $179,900 (0.0%) | $265,849 (12.2%) | 0.00 | 53 |
| 2022-08-01 | $179,900 (2.2%) | $275,079 (13.0%) | 0.00 | 52 |
| 2022-09-01 | $220,825 (22.8%) | $296,131 (40.2%) | 0.00 | 47 |
| 2022-10-01 | $244,900 (52.2%) | $316,749 (48.0%) | 0.00 | 46 |
| 2022-11-01 | $252,975 (56.2%) | $335,560 (52.5%) | 0.00 | 56 |
| 2022-12-01 | $240,900 (48.7%) | $318,813 (47.2%) | 0.00 | 49 |
| 2023-01-01 | $200,000 (23.6%) | $300,380 (41.5%) | 0.00 | 44 |
| 2023-02-01 | $198,675 (32.0%) | $290,282 (31.0%) | 0.00 | 42 |
| 2023-03-01 | $186,200 (-4.7%) | $280,253 (17.0%) | 0.00 | 42 |
| 2023-04-01 | $219,500 (29.1%) | $303,110 (37.2%) | 0.00 | 39 |
| 2023-05-01 | $262,450 (41.9%) | $331,321 (36.2%) | 0.00 | 36 |
| 2023-06-01 | $263,400 (37.0%) | $322,467 (27.1%) | 0.00 | 42 |
| 2023-07-01 | $270,000 (50.1%) | $319,590 (20.2%) | 0.00 | 40 |
| 2023-08-01 | $259,850 (44.4%) | $310,665 (12.9%) | 0.00 | 45 |
| 2023-09-01 | $249,950 (13.2%) | $284,866 (-3.8%) | 0.00 | 53 |
| 2023-10-01 | $279,800 (14.3%) | $300,526 (-5.1%) | 0.00 | 57 |
| 2023-11-01 | $264,700 (4.6%) | $280,386 (-16.4%) | 0.00 | 51 |
| 2023-12-01 | $253,750 (5.3%) | $287,843 (-9.7%) | 0.00 | 56 |
| 2024-01-01 | $260,750 (30.4%) | $288,753 (-3.9%) | 0.00 | 50 |
| 2024-02-01 | $284,850 (43.4%) | $310,400 (6.9%) | 0.00 | 48 |
| 2024-03-01 | $256,700 (37.9%) | $307,651 (9.8%) | 0.00 | 49 |
Wapakoneta's median listing price comes in at 0% of the national average.
Wapakoneta's average listing price for 2024-03-01 was $307,651, a difference of $27,398 (9.8%) versus the prior year and $-2,749 versus the prior month.
For the 2024-03-01 period, Wapakoneta had 49 MLS listings, a difference of 1 listings (2%) versus the prior month and 7 listings (17%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Wapakoneta (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,641 sqft |
| 2018-02-01 | 0 days | 1,628 sqft |
| 2018-03-01 | 0 days | 1,689 sqft |
| 2018-04-01 | 0 days | 1,722 sqft |
| 2018-05-01 | 0 days | 1,743 sqft |
| 2018-06-01 | 0 days | 1,772 sqft |
| 2018-07-01 | 0 days | 1,738 sqft |
| 2018-08-01 | 0 days | 1,806 sqft |
| 2018-09-01 | 0 days | 1,792 sqft |
| 2018-10-01 | 0 days | 1,848 sqft |
| 2018-11-01 | 0 days | 1,871 sqft |
| 2018-12-01 | 0 days | 1,904 sqft |
| 2019-01-01 | 0 days | 1,842 sqft |
| 2019-02-01 | 0 days | 1,745 sqft |
| 2019-03-01 | 0 days | 1,731 sqft |
| 2019-04-01 | 0 days | 1,786 sqft |
| 2019-05-01 | 0 days | 1,818 sqft |
| 2019-06-01 | 0 days | 1,784 sqft |
| 2019-07-01 | 0 days | 1,721 sqft |
| 2019-08-01 | 0 days | 1,693 sqft |
| 2019-09-01 | 0 days | 1,690 sqft |
| 2019-10-01 | 0 days | 1,699 sqft |
| 2019-11-01 | 0 days | 1,739 sqft |
| 2019-12-01 | 0 days | 1,693 sqft |
| 2020-01-01 | 0 days | 1,514 sqft |
| 2020-02-01 | 0 days | 1,517 sqft |
| 2020-03-01 | 0 days | 1,577 sqft |
| 2020-04-01 | 0 days | 1,540 sqft |
| 2020-05-01 | 0 days | 1,592 sqft |
| 2020-06-01 | 0 days | 1,643 sqft |
| 2020-07-01 | 0 days | 1,669 sqft |
| 2020-08-01 | 0 days | 1,669 sqft |
| 2020-09-01 | 0 days | 1,694 sqft |
| 2020-10-01 | 0 days | 1,639 sqft |
| 2020-11-01 | 0 days | 1,513 sqft |
| 2020-12-01 | 0 days | 1,532 sqft |
| 2021-01-01 | 0 days | 1,557 sqft |
| 2021-02-01 | 0 days | 1,619 sqft |
| 2021-03-01 | 0 days | 1,557 sqft |
| 2021-04-01 | 0 days | 1,542 sqft |
| 2021-05-01 | 0 days | 1,617 sqft |
| 2021-06-01 | 0 days | 1,570 sqft |
| 2021-07-01 | 0 days | 1,552 sqft |
| 2021-08-01 | 0 days | 1,658 sqft |
| 2021-09-01 | 0 days | 1,566 sqft |
| 2021-10-01 | 0 days | 1,617 sqft |
| 2021-11-01 | 0 days | 1,684 sqft |
| 2021-12-01 | 0 days | 1,674 sqft |
| 2022-01-01 | 0 days | 1,707 sqft |
| 2022-02-01 | 0 days | 1,508 sqft |
| 2022-03-01 | 0 days | 1,862 sqft |
| 2022-04-01 | 0 days | 1,593 sqft |
| 2022-05-01 | 0 days | 1,695 sqft |
| 2022-06-01 | 0 days | 1,710 sqft |
| 2022-07-01 | 0 days | 1,652 sqft |
| 2022-08-01 | 0 days | 1,665 sqft |
| 2022-09-01 | 0 days | 1,716 sqft |
| 2022-10-01 | 0 days | 1,686 sqft |
| 2022-11-01 | 0 days | 1,923 sqft |
| 2022-12-01 | 0 days | 1,764 sqft |
| 2023-01-01 | 0 days | 1,618 sqft |
| 2023-02-01 | 0 days | 1,572 sqft |
| 2023-03-01 | 0 days | 1,514 sqft |
| 2023-04-01 | 0 days | 1,598 sqft |
| 2023-05-01 | 0 days | 1,715 sqft |
| 2023-06-01 | 0 days | 1,817 sqft |
| 2023-07-01 | 0 days | 1,880 sqft |
| 2023-08-01 | 0 days | 1,758 sqft |
| 2023-09-01 | 0 days | 1,792 sqft |
| 2023-10-01 | 0 days | 1,831 sqft |
| 2023-11-01 | 0 days | 1,776 sqft |
| 2023-12-01 | 0 days | 1,773 sqft |
| 2024-01-01 | 0 days | 1,772 sqft |
| 2024-02-01 | 0 days | 1,780 sqft |
| 2024-03-01 | 0 days | 1,768 sqft |
Wapakoneta's median square footage for active listings during the 2024-03-01 period was 1,768 sqft. One year prior, the average listing was 1,514 sqft.