Washington USDA Loan Rates, Closing Costs & Stats

Washington, IN

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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.

    Washington's 6 lenders originated 10 USDA loans during 2024. The total origination value was $1,880,000, with an average USDA loan value of $188,000.

    Washington USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Washington averaged 0.22% for the week of 2025-07-04, compared to the national average (all USDA variants) of 0% for the same period.

    Washington's average USDA mortgage closing costs are $3,834.

    The average rate for the prior week (2025-06-27) was 6.86% and one month ago for the week of 2025-05-30, the average rate was 6.64%.

    The average rate one year ago was 6.94%.

    For refis of the same type during the week of 2025-07-04, the average rate was -0.1%.

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

    Washington 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 Washington level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 3 6.55% $7,495
    Equity Prime Mortgage LLC 2 6.38% $4,749
    MORTGAGE MASTERS OF INDIANA, INC. 2 6.50% $6,120
    Mortgage Research Center, LLC 1 6.25% $2,463
    Paramount Residential Mortgage Group, Inc. 1 6.38% $5,605
    RUOFF MORTGAGE COMPANY, INC. 1 7.13% $3,420

    The top Washington USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 3 USDA loans originated. Their average total fees are $7,495, which is $2,746 higher than the next largest lender, Equity Prime Mortgage LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Washington (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 $139,450 (32.3%) $172,068 (32.2%) 0.00 72
    2018-02-01 $139,450 (36.5%) $170,614 (31.6%) 0.00 75
    2018-03-01 $144,900 (36.9%) $177,701 (30.5%) 0.00 74
    2018-04-01 $148,500 (41.6%) $172,929 (29.5%) 0.00 80
    2018-05-01 $149,900 (36.3%) $180,759 (37.5%) 0.00 80
    2018-06-01 $144,700 (25.4%) $174,201 (35.5%) 0.00 81
    2018-07-01 $142,650 (14.2%) $177,567 (24.4%) 0.00 77
    2018-08-01 $147,500 (21.1%) $185,360 (31.2%) 0.00 77
    2018-09-01 $150,800 (20.7%) $187,684 (29.0%) 0.00 78
    2018-10-01 $157,000 (22.2%) $179,773 (11.5%) 0.00 81
    2018-11-01 $161,150 (19.4%) $184,612 (10.1%) 0.00 75
    2018-12-01 $154,900 (11.4%) $193,839 (17.0%) 0.00 70
    2019-01-01 $149,225 (7.0%) $188,646 (9.6%) 0.00 69
    2019-02-01 $146,475 (5.0%) $186,899 (9.5%) 0.00 59
    2019-03-01 $155,257 (7.2%) $198,935 (12.0%) 0.00 53
    2019-04-01 $163,782 (10.3%) $205,876 (19.1%) 0.00 51
    2019-05-01 $142,475 (-5.0%) $183,565 (1.6%) 0.00 55
    2019-06-01 $145,000 (0.2%) $171,557 (-1.5%) 0.00 62
    2019-07-01 $148,900 (4.4%) $163,665 (-7.8%) 0.00 61
    2019-08-01 $144,223 (-2.2%) $164,431 (-11.3%) 0.00 60
    2019-09-01 $141,707 (-6.0%) $168,154 (-10.4%) 0.00 60
    2019-10-01 $139,625 (-11.1%) $174,562 (-2.9%) 0.00 62
    2019-11-01 $122,200 (-24.2%) $179,370 (-2.8%) 0.00 60
    2019-12-01 $129,900 (-16.1%) $181,404 (-6.4%) 0.00 56
    2020-01-01 $124,925 (-16.3%) $180,582 (-4.3%) 0.00 56
    2020-02-01 $129,450 (-11.6%) $185,626 (-0.7%) 0.00 52
    2020-03-01 $165,750 (6.8%) $224,736 (13.0%) 0.00 51
    2020-04-01 $179,900 (9.8%) $230,045 (11.7%) 0.00 49
    2020-05-01 $168,000 (17.9%) $223,731 (21.9%) 0.00 45
    2020-06-01 $157,475 (8.6%) $235,176 (37.1%) 0.00 39
    2020-07-01 $161,300 (8.3%) $256,598 (56.8%) 0.00 36
    2020-08-01 $162,500 (12.7%) $237,964 (44.7%) 0.00 43
    2020-09-01 $163,400 (15.3%) $220,762 (31.3%) 0.00 43
    2020-10-01 $179,900 (28.9%) $213,507 (22.3%) 0.00 51
    2020-11-01 $189,500 (55.1%) $216,047 (20.5%) 0.00 48
    2020-12-01 $168,650 (29.8%) $204,968 (13.0%) 0.00 42
    2021-01-01 $179,900 (44.0%) $206,685 (14.5%) 0.00 36
    2021-02-01 $168,725 (30.3%) $212,241 (14.3%) 0.00 37
    2021-03-01 $148,250 (-10.6%) $197,397 (-12.2%) 0.00 33
    2021-04-01 $143,575 (-20.2%) $200,452 (-12.9%) 0.00 23
    2021-05-01 $145,900 (-13.2%) $212,165 (-5.2%) 0.00 18
    2021-06-01 $179,900 (14.2%) $224,654 (-4.5%) 0.00 26
    2021-07-01 $183,700 (13.9%) $230,573 (-10.1%) 0.00 30
    2021-08-01 $169,900 (4.6%) $221,869 (-6.8%) 0.00 42
    2021-09-01 $163,700 (0.2%) $247,319 (12.0%) 0.00 41
    2021-10-01 $191,100 (6.2%) $260,153 (21.9%) 0.00 36
    2021-11-01 $198,825 (4.9%) $251,834 (16.6%) 0.00 41
    2021-12-01 $199,000 (18.0%) $249,145 (21.6%) 0.00 45
    2022-01-01 $174,900 (-2.8%) $240,815 (16.5%) 0.00 40
    2022-02-01 $167,450 (-0.8%) $208,926 (-1.6%) 0.00 33
    2022-03-01 $166,200 (12.1%) $222,321 (12.6%) 0.00 31
    2022-04-01 $184,900 (28.8%) $221,789 (10.6%) 0.00 34
    2022-05-01 $191,825 (31.5%) $237,978 (12.2%) 0.00 34
    2022-06-01 $169,900 (-5.6%) $213,482 (-5.0%) 0.00 38
    2022-07-01 $169,900 (-7.5%) $217,643 (-5.6%) 0.00 37
    2022-08-01 $181,000 (6.5%) $233,122 (5.1%) 0.00 37
    2022-09-01 $208,725 (27.5%) $247,746 (0.2%) 0.00 29
    2022-10-01 $239,900 (25.5%) $260,131 (0.0%) 0.00 34
    2022-11-01 $239,900 (20.7%) $247,653 (-1.7%) 0.00 36
    2022-12-01 $227,900 (14.5%) $246,109 (-1.2%) 0.00 35
    2023-01-01 $238,650 (36.5%) $269,823 (12.1%) 0.00 33
    2023-02-01 $239,900 (43.3%) $271,056 (29.7%) 0.00 31
    2023-03-01 $233,550 (40.5%) $266,734 (20.0%) 0.00 31
    2023-04-01 $229,000 (23.9%) $270,412 (21.9%) 0.00 32
    2023-05-01 $229,000 (19.4%) $255,692 (7.4%) 0.00 35
    2023-06-01 $227,875 (34.1%) $258,444 (21.1%) 0.00 38
    2023-07-01 $231,950 (36.5%) $256,363 (17.8%) 0.00 41
    2023-08-01 $232,400 (28.4%) $250,647 (7.5%) 0.00 39
    2023-09-01 $234,900 (12.5%) $256,796 (3.7%) 0.00 38
    2023-10-01 $222,650 (-7.2%) $237,903 (-8.6%) 0.00 44
    2023-11-01 $229,900 (-4.2%) $244,445 (-1.3%) 0.00 43
    2023-12-01 $227,450 (-0.2%) $238,782 (-3.0%) 0.00 45
    2024-01-01 $236,050 (-1.1%) $235,407 (-12.8%) 0.00 45
    2024-02-01 $242,400 (1.0%) $243,722 (-10.1%) 0.00 47
    2024-03-01 $244,900 (4.9%) $257,457 (-3.5%) 0.00 47
    2024-04-01 $249,900 (9.1%) $282,738 (4.6%) 0.00 43
    2024-05-01 $250,000 (9.2%) $287,552 (12.5%) 0.00 56
    2024-06-01 $249,950 (9.7%) $262,440 (1.6%) 0.00 50
    2024-07-01 $237,425 (2.4%) $264,979 (3.4%) 0.00 58
    2024-08-01 $232,500 (0.0%) $262,962 (4.9%) 0.00 63
    2024-09-01 $229,950 (-2.1%) $260,149 (1.3%) 0.00 59
    2024-10-01 $234,450 (5.3%) $246,061 (3.4%) 0.00 60
    2024-11-01 $229,000 (-0.4%) $240,342 (-1.7%) 0.00 60
    2024-12-01 $233,225 (2.5%) $238,286 (-0.2%) 0.00 63
    2025-01-01 $226,950 (-3.9%) $232,677 (-1.2%) 0.00 64
    2025-02-01 $228,675 (-5.7%) $232,395 (-4.7%) 0.00 62
    2025-03-01 $259,700 (6.0%) $252,193 (-2.0%) 0.00 57
    2025-04-01 $264,225 (5.7%) $263,880 (-6.7%) 0.00 55
    2025-05-01 $231,500 (-7.4%) $238,854 (-16.9%) 0.00 57
    Washington's median listing price for 2025-05-01 was $231,500, a difference of $-18,500 (-7.4%) versus the prior year and $-32,725 versus the prior month.

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

    Washington's average listing price for 2025-05-01 was $238,854, a difference of $-48,698 (-16.9%) versus the prior year and $-25,026 versus the prior month.

    For the 2025-05-01 period, Washington had 57 MLS listings, a difference of 2 listings (4%) versus the prior month and 1 listings (2%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Washington (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,659 sqft
    2018-02-01 0 days 1,652 sqft
    2018-03-01 0 days 1,726 sqft
    2018-04-01 0 days 1,799 sqft
    2018-05-01 0 days 1,833 sqft
    2018-06-01 0 days 1,780 sqft
    2018-07-01 0 days 1,790 sqft
    2018-08-01 0 days 1,798 sqft
    2018-09-01 0 days 1,805 sqft
    2018-10-01 0 days 1,800 sqft
    2018-11-01 0 days 1,800 sqft
    2018-12-01 0 days 1,886 sqft
    2019-01-01 0 days 1,874 sqft
    2019-02-01 0 days 1,821 sqft
    2019-03-01 0 days 1,871 sqft
    2019-04-01 0 days 1,896 sqft
    2019-05-01 0 days 1,800 sqft
    2019-06-01 0 days 1,665 sqft
    2019-07-01 0 days 1,708 sqft
    2019-08-01 0 days 1,717 sqft
    2019-09-01 0 days 1,718 sqft
    2019-10-01 0 days 1,718 sqft
    2019-11-01 0 days 1,665 sqft
    2019-12-01 0 days 1,683 sqft
    2020-01-01 0 days 1,740 sqft
    2020-02-01 0 days 1,779 sqft
    2020-03-01 0 days 1,916 sqft
    2020-04-01 0 days 1,943 sqft
    2020-05-01 0 days 1,884 sqft
    2020-06-01 0 days 1,773 sqft
    2020-07-01 0 days 1,836 sqft
    2020-08-01 0 days 1,857 sqft
    2020-09-01 0 days 1,769 sqft
    2020-10-01 0 days 1,743 sqft
    2020-11-01 0 days 1,764 sqft
    2020-12-01 0 days 1,681 sqft
    2021-01-01 0 days 1,711 sqft
    2021-02-01 0 days 1,656 sqft
    2021-03-01 0 days 1,760 sqft
    2021-04-01 0 days 1,750 sqft
    2021-05-01 0 days 1,706 sqft
    2021-06-01 0 days 1,753 sqft
    2021-07-01 0 days 1,840 sqft
    2021-08-01 0 days 1,663 sqft
    2021-09-01 0 days 1,688 sqft
    2021-10-01 0 days 1,864 sqft
    2021-11-01 0 days 1,741 sqft
    2021-12-01 0 days 1,711 sqft
    2022-01-01 0 days 1,665 sqft
    2022-02-01 0 days 1,715 sqft
    2022-03-01 0 days 1,676 sqft
    2022-04-01 0 days 1,727 sqft
    2022-05-01 0 days 1,727 sqft
    2022-06-01 0 days 1,332 sqft
    2022-07-01 0 days 1,313 sqft
    2022-08-01 0 days 1,560 sqft
    2022-09-01 0 days 1,715 sqft
    2022-10-01 0 days 1,903 sqft
    2022-11-01 0 days 1,909 sqft
    2022-12-01 0 days 1,844 sqft
    2023-01-01 0 days 1,935 sqft
    2023-02-01 0 days 1,846 sqft
    2023-03-01 0 days 1,855 sqft
    2023-04-01 0 days 1,767 sqft
    2023-05-01 0 days 1,654 sqft
    2023-06-01 0 days 1,704 sqft
    2023-07-01 0 days 1,708 sqft
    2023-08-01 0 days 1,652 sqft
    2023-09-01 0 days 1,569 sqft
    2023-10-01 0 days 1,458 sqft
    2023-11-01 0 days 1,473 sqft
    2023-12-01 0 days 1,470 sqft
    2024-01-01 0 days 1,548 sqft
    2024-02-01 0 days 1,595 sqft
    2024-03-01 0 days 1,650 sqft
    2024-04-01 0 days 1,588 sqft
    2024-05-01 0 days 1,746 sqft
    2024-06-01 0 days 1,669 sqft
    2024-07-01 0 days 1,734 sqft
    2024-08-01 0 days 1,734 sqft
    2024-09-01 0 days 1,751 sqft
    2024-10-01 0 days 1,682 sqft
    2024-11-01 0 days 1,722 sqft
    2024-12-01 0 days 1,691 sqft
    2025-01-01 0 days 1,621 sqft
    2025-02-01 0 days 1,592 sqft
    2025-03-01 0 days 1,708 sqft
    2025-04-01 0 days 1,756 sqft
    2025-05-01 0 days 1,716 sqft
    Washington's median listing age (time on market) for 2025-05-01 was 0 days.

    Washington's median square footage for active listings during the 2025-05-01 period was 1,716 sqft. One year prior, the average listing was 1,746 sqft.