Wausau USDA Loan Rates, Closing Costs & Stats
WAUSAU-WESTON, WI
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.
Wausau's 6 lenders originated 14 USDA loans during 2023. The total origination value was $2,230,000, with an average USDA loan value of $159,286.
Wausau USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Wausau
averaged
0.12%
for the week of 2024-11-29, compared to the national average (all USDA variants) of
0% for the same period.
Wausau's average USDA mortgage closing costs are $4,684.
The average rate for the prior week (2024-11-22) was
6.32% and
one month ago for the week of 2024-10-25, the
average rate was 6.52%.
The average rate one year ago was 6.92%.
For refis of the same type during the week of 2024-11-29, the average rate
was -0.06%.
Wausau 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 Wausau level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
GUILD MORTGAGE COMPANY | 5 | 6.23% | $7,008 |
Nations Lending Corporation | 4 | 7.19% | $3,980 |
Ixonia Bank | 2 | 7.19% | $9,031 |
MOVEMENT MORTGAGE, LLC | 1 | 6.75% | $5,874 |
Paramount Residential Mortgage Group, Inc. | 1 | 7.13% | $5,307 |
T2 FINANCIAL LLC | 1 | 7.25% | $5,965 |
The top Wausau USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
5 USDA loans originated. Their average total fees are
$7,008, which is $3,029
higher than the next largest lender,
Nations Lending Corporation.
The lowest fee Wausau USDA lenders (with over 10 loans originated) are
.
The lowest rate Wausau USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Wausau (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $172,450 (16.2%) | $218,784 (15.1%) | 0.64 | 659 |
2018-02-01 | $182,400 (21.6%) | $225,330 (17.7%) | 0.66 | 645 |
2018-03-01 | $188,138 (18.4%) | $228,794 (18.2%) | 0.66 | 686 |
2018-04-01 | $189,900 (18.7%) | $235,014 (18.4%) | 0.64 | 719 |
2018-05-01 | $189,900 (13.4%) | $232,336 (14.3%) | 0.63 | 784 |
2018-06-01 | $189,900 (12.5%) | $231,021 (10.5%) | 0.63 | 873 |
2018-07-01 | $189,900 (12.9%) | $229,649 (8.6%) | 0.63 | 877 |
2018-08-01 | $179,950 (7.0%) | $223,594 (5.3%) | 0.60 | 906 |
2018-09-01 | $179,900 (5.9%) | $218,647 (4.6%) | 0.60 | 877 |
2018-10-01 | $179,900 (3.5%) | $223,520 (5.5%) | 0.61 | 818 |
2018-11-01 | $184,925 (8.8%) | $226,308 (6.8%) | 0.63 | 766 |
2018-12-01 | $189,900 (15.2%) | $229,683 (8.9%) | 0.66 | 656 |
2019-01-01 | $189,900 (10.1%) | $233,275 (6.6%) | 0.66 | 583 |
2019-02-01 | $189,900 (4.1%) | $229,658 (1.9%) | 0.64 | 584 |
2019-03-01 | $194,043 (3.1%) | $231,297 (1.1%) | 0.63 | 614 |
2019-04-01 | $192,175 (1.2%) | $231,981 (-1.3%) | 0.61 | 644 |
2019-05-01 | $190,000 (0.1%) | $234,941 (1.1%) | 0.59 | 671 |
2019-06-01 | $196,900 (3.7%) | $239,493 (3.7%) | 0.62 | 717 |
2019-07-01 | $198,250 (4.4%) | $238,352 (3.8%) | 0.62 | 777 |
2019-08-01 | $195,082 (8.4%) | $239,009 (6.9%) | 0.62 | 777 |
2019-09-01 | $195,880 (8.9%) | $241,139 (10.3%) | 0.63 | 776 |
2019-10-01 | $197,750 (9.9%) | $242,559 (8.5%) | 0.64 | 768 |
2019-11-01 | $199,000 (7.6%) | $238,871 (5.6%) | 0.65 | 688 |
2019-12-01 | $192,450 (1.3%) | $235,500 (2.5%) | 0.64 | 589 |
2020-01-01 | $184,900 (-2.6%) | $229,842 (-1.5%) | 0.62 | 512 |
2020-02-01 | $185,000 (-2.6%) | $228,378 (-0.6%) | 0.61 | 532 |
2020-03-01 | $195,350 (0.7%) | $233,520 (1.0%) | 0.61 | 597 |
2020-04-01 | $199,900 (4.0%) | $241,099 (3.9%) | 0.63 | 602 |
2020-05-01 | $239,900 (26.3%) | $271,739 (15.7%) | 0.73 | 369 |
2020-06-01 | $239,900 (21.8%) | $272,803 (13.9%) | 0.71 | 335 |
2020-07-01 | $235,750 (18.9%) | $274,195 (15.0%) | 0.68 | 307 |
2020-08-01 | $228,900 (17.3%) | $271,166 (13.5%) | 0.66 | 286 |
2020-09-01 | $224,925 (14.8%) | $265,988 (10.3%) | 0.64 | 314 |
2020-10-01 | $214,900 (8.7%) | $256,694 (5.8%) | 0.62 | 321 |
2020-11-01 | $204,900 (3.0%) | $247,084 (3.4%) | 0.60 | 285 |
2020-12-01 | $202,400 (5.2%) | $246,005 (4.5%) | 0.60 | 247 |
2021-01-01 | $209,450 (13.3%) | $246,429 (7.2%) | 0.63 | 192 |
2021-02-01 | $199,672 (7.9%) | $248,405 (8.8%) | 0.58 | 150 |
2021-03-01 | $213,900 (9.5%) | $252,280 (8.0%) | 0.61 | 129 |
2021-04-01 | $219,900 (10.0%) | $267,862 (11.1%) | 0.60 | 118 |
2021-05-01 | $239,900 (0.0%) | $293,904 (8.2%) | 0.64 | 119 |
2021-06-01 | $237,225 (-1.1%) | $290,515 (6.5%) | 0.62 | 167 |
2021-07-01 | $229,900 (-2.5%) | $285,002 (3.9%) | 0.61 | 207 |
2021-08-01 | $232,400 (1.5%) | $280,422 (3.4%) | 0.62 | 222 |
2021-09-01 | $233,700 (3.9%) | $283,053 (6.4%) | 0.62 | 206 |
2021-10-01 | $249,900 (16.3%) | $283,066 (10.3%) | 0.67 | 219 |
2021-11-01 | $233,650 (14.0%) | $293,527 (18.8%) | 0.62 | 181 |
2021-12-01 | $259,575 (28.3%) | $306,754 (24.7%) | 0.70 | 149 |
2022-01-01 | $271,900 (29.8%) | $318,832 (29.4%) | 0.74 | 126 |
2022-02-01 | $303,675 (52.1%) | $345,274 (39.0%) | 0.79 | 107 |
2022-03-01 | $318,300 (48.8%) | $359,642 (42.6%) | 0.80 | 106 |
2022-04-01 | $349,900 (59.1%) | $385,893 (44.1%) | 0.83 | 111 |
2022-05-01 | $323,300 (34.8%) | $366,421 (24.7%) | 0.74 | 153 |
2022-06-01 | $294,950 (24.3%) | $335,877 (15.6%) | 0.66 | 178 |
2022-07-01 | $294,700 (28.2%) | $343,560 (20.6%) | 0.66 | 199 |
2022-08-01 | $289,206 (24.4%) | $337,477 (20.4%) | 0.67 | 209 |
2022-09-01 | $299,725 (28.3%) | $341,557 (20.7%) | 0.70 | 182 |
2022-10-01 | $279,900 (12.0%) | $322,921 (14.1%) | 0.66 | 186 |
2022-11-01 | $277,450 (18.8%) | $328,307 (11.9%) | 0.67 | 163 |
2022-12-01 | $279,305 (7.6%) | $329,502 (7.4%) | 0.69 | 132 |
2023-01-01 | $280,653 (3.2%) | $332,452 (4.3%) | 0.70 | 108 |
2023-02-01 | $271,903 (-10.5%) | $336,895 (-2.4%) | 0.66 | 99 |
2023-03-01 | $256,425 (-19.4%) | $329,944 (-8.3%) | 0.60 | 95 |
2023-04-01 | $272,950 (-22.0%) | $352,541 (-8.6%) | 0.63 | 87 |
2023-05-01 | $281,150 (-13.0%) | $348,855 (-4.8%) | 0.64 | 113 |
2023-06-01 | $302,400 (2.5%) | $352,905 (5.1%) | 0.68 | 151 |
2023-07-01 | $309,900 (5.2%) | $361,568 (5.2%) | 0.70 | 182 |
2023-08-01 | $299,675 (3.6%) | $378,722 (12.2%) | 0.69 | 193 |
2023-09-01 | $294,950 (-1.6%) | $372,480 (9.1%) | 0.69 | 205 |
2023-10-01 | $294,925 (5.4%) | $362,268 (12.2%) | 0.69 | 208 |
2023-11-01 | $301,950 (8.8%) | $354,945 (8.1%) | 0.72 | 209 |
2023-12-01 | $312,400 (11.9%) | $367,816 (11.6%) | 0.76 | 174 |
2024-01-01 | $342,380 (22.0%) | $377,302 (13.5%) | 0.84 | 140 |
2024-02-01 | $348,645 (28.2%) | $398,690 (18.3%) | 0.84 | 123 |
2024-03-01 | $349,860 (36.4%) | $384,191 (16.4%) | 0.82 | 127 |
2024-04-01 | $358,725 (31.4%) | $420,821 (19.4%) | 0.83 | 118 |
2024-05-01 | $383,133 (36.3%) | $440,201 (26.2%) | 0.87 | 154 |
2024-06-01 | $368,685 (21.9%) | $429,864 (21.8%) | 0.83 | 197 |
2024-07-01 | $343,650 (10.9%) | $391,378 (8.2%) | 0.79 | 214 |
2024-08-01 | $344,900 (15.1%) | $387,430 (2.3%) | 0.80 | 229 |
2024-09-01 | $329,900 (11.9%) | $369,656 (-0.8%) | 0.78 | 252 |
2024-10-01 | $314,500 (6.6%) | $371,777 (2.6%) | 0.74 | 256 |
Wausau's median listing price comes in at 74% of the national average.
Wausau's average listing price for 2024-10-01 was $371,777, a difference of $9,509 (2.6%) versus the prior year and $2,121 versus the prior month.
For the 2024-10-01 period, Wausau had 256 MLS listings, a difference of 4 listings (2%) versus the prior month and 48 listings (23%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Wausau (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 99 days | 1,904 sqft |
2018-02-01 | 97 days | 1,883 sqft |
2018-03-01 | 68 days | 1,876 sqft |
2018-04-01 | 60 days | 1,913 sqft |
2018-05-01 | 54 days | 1,932 sqft |
2018-06-01 | 47 days | 1,961 sqft |
2018-07-01 | 52 days | 1,952 sqft |
2018-08-01 | 60 days | 1,930 sqft |
2018-09-01 | 64 days | 1,879 sqft |
2018-10-01 | 72 days | 1,858 sqft |
2018-11-01 | 81 days | 1,860 sqft |
2018-12-01 | 99 days | 1,884 sqft |
2019-01-01 | 100 days | 1,841 sqft |
2019-02-01 | 96 days | 1,811 sqft |
2019-03-01 | 75 days | 1,855 sqft |
2019-04-01 | 59 days | 1,900 sqft |
2019-05-01 | 49 days | 1,906 sqft |
2019-06-01 | 45 days | 1,906 sqft |
2019-07-01 | 48 days | 1,913 sqft |
2019-08-01 | 54 days | 1,911 sqft |
2019-09-01 | 59 days | 1,920 sqft |
2019-10-01 | 61 days | 1,920 sqft |
2019-11-01 | 73 days | 1,928 sqft |
2019-12-01 | 87 days | 1,883 sqft |
2020-01-01 | 94 days | 1,879 sqft |
2020-02-01 | 95 days | 1,894 sqft |
2020-03-01 | 66 days | 1,938 sqft |
2020-04-01 | 66 days | 1,950 sqft |
2020-05-01 | 77 days | 1,978 sqft |
2020-06-01 | 76 days | 2,000 sqft |
2020-07-01 | 64 days | 2,000 sqft |
2020-08-01 | 65 days | 1,974 sqft |
2020-09-01 | 59 days | 1,940 sqft |
2020-10-01 | 52 days | 1,806 sqft |
2020-11-01 | 69 days | 1,763 sqft |
2020-12-01 | 81 days | 1,749 sqft |
2021-01-01 | 94 days | 1,712 sqft |
2021-02-01 | 91 days | 1,734 sqft |
2021-03-01 | 51 days | 1,808 sqft |
2021-04-01 | 49 days | 1,835 sqft |
2021-05-01 | 38 days | 1,934 sqft |
2021-06-01 | 31 days | 1,954 sqft |
2021-07-01 | 38 days | 1,903 sqft |
2021-08-01 | 42 days | 1,918 sqft |
2021-09-01 | 47 days | 1,919 sqft |
2021-10-01 | 49 days | 1,906 sqft |
2021-11-01 | 56 days | 1,818 sqft |
2021-12-01 | 68 days | 1,917 sqft |
2022-01-01 | 86 days | 1,881 sqft |
2022-02-01 | 64 days | 1,987 sqft |
2022-03-01 | 45 days | 2,009 sqft |
2022-04-01 | 35 days | 2,100 sqft |
2022-05-01 | 25 days | 2,045 sqft |
2022-06-01 | 34 days | 1,972 sqft |
2022-07-01 | 40 days | 1,968 sqft |
2022-08-01 | 39 days | 1,974 sqft |
2022-09-01 | 45 days | 1,983 sqft |
2022-10-01 | 46 days | 1,864 sqft |
2022-11-01 | 51 days | 1,868 sqft |
2022-12-01 | 73 days | 1,877 sqft |
2023-01-01 | 88 days | 2,007 sqft |
2023-02-01 | 88 days | 1,868 sqft |
2023-03-01 | 57 days | 1,990 sqft |
2023-04-01 | 47 days | 2,030 sqft |
2023-05-01 | 33 days | 1,835 sqft |
2023-06-01 | 29 days | 1,870 sqft |
2023-07-01 | 35 days | 1,850 sqft |
2023-08-01 | 38 days | 1,899 sqft |
2023-09-01 | 38 days | 1,864 sqft |
2023-10-01 | 50 days | 1,820 sqft |
2023-11-01 | 51 days | 1,794 sqft |
2023-12-01 | 56 days | 1,800 sqft |
2024-01-01 | 73 days | 1,871 sqft |
2024-02-01 | 62 days | 1,849 sqft |
2024-03-01 | 49 days | 1,846 sqft |
2024-04-01 | 46 days | 2,016 sqft |
2024-05-01 | 23 days | 2,051 sqft |
2024-06-01 | 36 days | 2,105 sqft |
2024-07-01 | 42 days | 2,027 sqft |
2024-08-01 | 43 days | 2,012 sqft |
2024-09-01 | 43 days | 1,934 sqft |
2024-10-01 | 44 days | 1,869 sqft |
Wausau's median square footage for active listings during the 2024-10-01 period was 1,869 sqft. One year prior, the average listing was 1,820 sqft.