Warrensburg USDA Loan Rates, Closing Costs & Stats

Warrensburg, MO

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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.

    Warrensburg's 11 lenders originated 17 USDA loans during 2023. The total origination value was $3,375,000, with an average USDA loan value of $198,529.

    Warrensburg USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Warrensburg averaged 6.66% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Warrensburg's average USDA mortgage closing costs are $3,805.

    The average rate for the prior week (2024-04-12) was 6.51% and one month ago for the week of 2024-03-15, the average rate was 6.79%.

    The average rate one year ago was 6.23%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.76%.

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

    Warrensburg 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 Warrensburg level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 2 5.96% $10,735
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.44% $4,110
    FLAT BRANCH MORTGAGE, INC. 2 7.19% $6,384
    Midwest Mortgage Associates Corporation 2 7.06% $2,192
    Prosperity Home Mortgage, LLC 2 6.06% $4,934
    UNION HOME MORTGAGE CORP. 2 6.88% $6,655
    COMMUNITYAMERICA 1 5.63% $4,654
    COMMUNITY MORTGAGE, LLC 1 6.75% $4,129
    Community National Bank & Trust 1 7.00% $7,130
    LEADERONE FINANCIAL CORPORATION 1 6.25% $2,680
    CARDINAL FINANCIAL 1 7.25% $7,155

    The top Warrensburg USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 2 USDA loans originated. Their average total fees are $10,735, which is $6,626 higher than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Warrensburg (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 $159,200 (5.7%) $214,881 (11.8%) 0.00 154
    2018-02-01 $174,925 (16.6%) $220,554 (13.0%) 0.00 159
    2018-03-01 $174,900 (11.8%) $218,945 (9.6%) 0.00 166
    2018-04-01 $178,275 (8.4%) $223,796 (10.2%) 0.00 169
    2018-05-01 $184,900 (4.2%) $227,850 (10.4%) 0.00 175
    2018-06-01 $187,450 (7.4%) $236,092 (14.9%) 0.00 192
    2018-07-01 $192,500 (10.0%) $247,536 (18.1%) 0.00 198
    2018-08-01 $191,250 (15.0%) $248,698 (16.6%) 0.00 188
    2018-09-01 $198,200 (22.0%) $249,763 (18.3%) 0.00 187
    2018-10-01 $194,675 (21.7%) $237,096 (13.6%) 0.00 171
    2018-11-01 $184,900 (23.3%) $224,866 (9.6%) 0.00 159
    2018-12-01 $183,900 (17.2%) $219,372 (6.5%) 0.00 143
    2019-01-01 $181,575 (14.1%) $226,539 (5.4%) 0.00 131
    2019-02-01 $178,888 (2.3%) $227,328 (3.1%) 0.00 134
    2019-03-01 $181,893 (4.0%) $230,105 (5.1%) 0.00 146
    2019-04-01 $186,700 (4.7%) $237,587 (6.2%) 0.00 151
    2019-05-01 $194,200 (5.0%) $246,484 (8.2%) 0.00 160
    2019-06-01 $204,950 (9.3%) $256,558 (8.7%) 0.00 165
    2019-07-01 $184,200 (-4.3%) $238,120 (-3.8%) 0.00 179
    2019-08-01 $180,273 (-5.7%) $232,298 (-6.6%) 0.00 180
    2019-09-01 $182,932 (-7.7%) $231,049 (-7.5%) 0.00 181
    2019-10-01 $185,000 (-5.0%) $230,215 (-2.9%) 0.00 182
    2019-11-01 $180,000 (-2.7%) $224,094 (-0.3%) 0.00 163
    2019-12-01 $179,450 (-2.4%) $224,740 (2.5%) 0.00 142
    2020-01-01 $177,975 (-2.0%) $223,372 (-1.4%) 0.00 129
    2020-02-01 $187,000 (4.5%) $237,499 (4.5%) 0.00 110
    2020-03-01 $214,500 (17.9%) $247,669 (7.6%) 0.00 117
    2020-04-01 $247,238 (32.4%) $258,219 (8.7%) 0.00 118
    2020-05-01 $256,950 (32.3%) $272,644 (10.6%) 0.00 105
    2020-06-01 $243,700 (18.9%) $267,825 (4.4%) 0.00 100
    2020-07-01 $236,075 (28.2%) $269,057 (13.0%) 0.00 103
    2020-08-01 $249,900 (38.6%) $283,420 (22.0%) 0.00 89
    2020-09-01 $253,700 (38.7%) $281,020 (21.6%) 0.00 95
    2020-10-01 $219,900 (18.9%) $278,704 (21.1%) 0.00 92
    2020-11-01 $222,450 (23.6%) $284,764 (27.1%) 0.00 89
    2020-12-01 $226,125 (26.0%) $295,801 (31.6%) 0.00 73
    2021-01-01 $237,500 (33.5%) $312,772 (40.0%) 0.00 72
    2021-02-01 $214,950 (15.0%) $303,994 (28.0%) 0.00 52
    2021-03-01 $203,625 (-5.1%) $268,895 (8.6%) 0.00 47
    2021-04-01 $234,375 (-5.2%) $282,455 (9.4%) 0.00 45
    2021-05-01 $239,950 (-6.6%) $284,171 (4.2%) 0.00 44
    2021-06-01 $243,750 (0.0%) $303,175 (13.2%) 0.00 66
    2021-07-01 $224,900 (-4.7%) $272,282 (1.2%) 0.00 83
    2021-08-01 $213,125 (-14.7%) $263,575 (-7.0%) 0.00 96
    2021-09-01 $230,950 (-9.0%) $284,601 (1.3%) 0.00 89
    2021-10-01 $244,900 (11.4%) $319,010 (14.5%) 0.00 81
    2021-11-01 $248,000 (11.5%) $324,385 (13.9%) 0.00 85
    2021-12-01 $245,000 (8.4%) $324,839 (9.8%) 0.00 69
    2022-01-01 $239,000 (0.6%) $311,975 (-0.3%) 0.00 50
    2022-02-01 $257,975 (20.0%) $342,882 (12.8%) 0.00 48
    2022-03-01 $236,750 (16.3%) $298,505 (11.0%) 0.00 56
    2022-04-01 $249,450 (6.4%) $335,406 (18.8%) 0.00 68
    2022-05-01 $256,175 (6.8%) $349,367 (22.9%) 0.00 81
    2022-06-01 $249,750 (2.5%) $300,141 (-1.0%) 0.00 98
    2022-07-01 $249,000 (10.7%) $294,699 (8.2%) 0.00 136
    2022-08-01 $259,900 (22.0%) $299,634 (13.7%) 0.00 143
    2022-09-01 $257,250 (11.4%) $293,483 (3.1%) 0.00 143
    2022-10-01 $240,000 (-2.0%) $280,458 (-12.1%) 0.00 150
    2022-11-01 $259,900 (4.8%) $295,325 (-9.0%) 0.00 134
    2022-12-01 $259,050 (5.7%) $296,316 (-8.8%) 0.00 134
    2023-01-01 $279,675 (17.0%) $307,945 (-1.3%) 0.00 93
    2023-02-01 $280,000 (8.5%) $341,535 (-0.4%) 0.00 83
    2023-03-01 $292,475 (23.5%) $351,132 (17.6%) 0.00 80
    2023-04-01 $315,000 (26.3%) $359,716 (7.3%) 0.00 65
    2023-05-01 $299,175 (16.8%) $353,134 (1.1%) 0.00 66
    2023-06-01 $329,450 (31.9%) $396,267 (32.0%) 0.00 91
    2023-07-01 $325,000 (30.5%) $409,249 (38.9%) 0.00 100
    2023-08-01 $332,225 (27.8%) $392,095 (30.9%) 0.00 107
    2023-09-01 $335,000 (30.2%) $401,949 (37.0%) 0.00 128
    2023-10-01 $332,450 (38.5%) $388,927 (38.7%) 0.00 143
    2023-11-01 $317,425 (22.1%) $366,852 (24.2%) 0.00 153
    2023-12-01 $294,950 (13.9%) $362,224 (22.2%) 0.00 148
    2024-01-01 $322,475 (15.3%) $374,590 (21.6%) 0.00 125
    2024-02-01 $333,450 (19.1%) $394,744 (15.6%) 0.00 120
    2024-03-01 $332,400 (13.7%) $398,231 (13.4%) 0.00 130
    Warrensburg's median listing price for 2024-03-01 was $332,400, a difference of $39,925 (13.7%) versus the prior year and $-1,050 versus the prior month.

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

    Warrensburg's average listing price for 2024-03-01 was $398,231, a difference of $47,099 (13.4%) versus the prior year and $3,487 versus the prior month.

    For the 2024-03-01 period, Warrensburg had 130 MLS listings, a difference of 10 listings (8%) versus the prior month and 50 listings (63%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Warrensburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,727 sqft
    2018-02-01 0 days 1,778 sqft
    2018-03-01 0 days 1,800 sqft
    2018-04-01 0 days 1,796 sqft
    2018-05-01 0 days 1,759 sqft
    2018-06-01 0 days 1,800 sqft
    2018-07-01 0 days 1,828 sqft
    2018-08-01 0 days 1,933 sqft
    2018-09-01 0 days 1,998 sqft
    2018-10-01 0 days 2,001 sqft
    2018-11-01 0 days 1,902 sqft
    2018-12-01 0 days 1,825 sqft
    2019-01-01 0 days 1,785 sqft
    2019-02-01 0 days 1,831 sqft
    2019-03-01 0 days 1,841 sqft
    2019-04-01 0 days 1,848 sqft
    2019-05-01 0 days 1,876 sqft
    2019-06-01 0 days 1,996 sqft
    2019-07-01 0 days 1,929 sqft
    2019-08-01 0 days 1,887 sqft
    2019-09-01 0 days 1,926 sqft
    2019-10-01 0 days 1,952 sqft
    2019-11-01 0 days 1,936 sqft
    2019-12-01 0 days 1,912 sqft
    2020-01-01 0 days 1,899 sqft
    2020-02-01 0 days 1,854 sqft
    2020-03-01 0 days 1,893 sqft
    2020-04-01 0 days 1,995 sqft
    2020-05-01 0 days 2,084 sqft
    2020-06-01 0 days 2,110 sqft
    2020-07-01 0 days 2,082 sqft
    2020-08-01 0 days 2,085 sqft
    2020-09-01 0 days 2,070 sqft
    2020-10-01 0 days 1,957 sqft
    2020-11-01 0 days 2,054 sqft
    2020-12-01 0 days 2,014 sqft
    2021-01-01 0 days 1,978 sqft
    2021-02-01 0 days 1,788 sqft
    2021-03-01 0 days 1,844 sqft
    2021-04-01 0 days 1,800 sqft
    2021-05-01 0 days 1,768 sqft
    2021-06-01 0 days 1,802 sqft
    2021-07-01 0 days 1,779 sqft
    2021-08-01 0 days 1,699 sqft
    2021-09-01 0 days 1,788 sqft
    2021-10-01 0 days 1,860 sqft
    2021-11-01 0 days 1,908 sqft
    2021-12-01 0 days 1,821 sqft
    2022-01-01 0 days 1,812 sqft
    2022-02-01 0 days 1,984 sqft
    2022-03-01 0 days 1,779 sqft
    2022-04-01 0 days 1,905 sqft
    2022-05-01 0 days 1,859 sqft
    2022-06-01 0 days 1,823 sqft
    2022-07-01 0 days 1,838 sqft
    2022-08-01 0 days 1,800 sqft
    2022-09-01 0 days 1,836 sqft
    2022-10-01 0 days 1,783 sqft
    2022-11-01 0 days 1,791 sqft
    2022-12-01 0 days 1,762 sqft
    2023-01-01 0 days 1,855 sqft
    2023-02-01 0 days 1,971 sqft
    2023-03-01 0 days 1,934 sqft
    2023-04-01 0 days 1,885 sqft
    2023-05-01 0 days 2,054 sqft
    2023-06-01 0 days 2,101 sqft
    2023-07-01 0 days 2,005 sqft
    2023-08-01 0 days 2,004 sqft
    2023-09-01 0 days 1,891 sqft
    2023-10-01 0 days 1,932 sqft
    2023-11-01 0 days 1,837 sqft
    2023-12-01 0 days 1,790 sqft
    2024-01-01 0 days 1,789 sqft
    2024-02-01 0 days 1,881 sqft
    2024-03-01 0 days 1,899 sqft
    Warrensburg's median listing age (time on market) for 2024-03-01 was 0 days.

    Warrensburg's median square footage for active listings during the 2024-03-01 period was 1,899 sqft. One year prior, the average listing was 1,934 sqft.