Woodward USDA Loan Rates, Closing Costs & Stats

Woodward, OK

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.

Woodward's 7 lenders originated 27 USDA loans during 2023. The total origination value was $3,575,000, with an average USDA loan value of $132,407.

Woodward USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Woodward averaged 6.74% for the week of 2024-03-22, compared to the national average (all USDA variants) of 6.674% for the same period.

Woodward's average USDA mortgage closing costs are $4,386.

The average rate for the prior week (2024-03-15) was 6.46% and one month ago for the week of 2024-02-16, the average rate was 6.54%.

The average rate one year ago was 6.74%.

For refis of the same type during the week of 2024-03-22, the average rate was 6.87%.

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

Woodward 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 Woodward level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
GUARANTEED RATE, INC. 7 6.88% $6,090
Gateway First Bank 7 6.75% $4,365
GUILD MORTGAGE COMPANY 4 6.66% $4,870
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.59% $6,922
Paramount Residential Mortgage Group, Inc. 2 6.94% $6,786
INTERLINC MORTGAGE SERVICES, LLC 1 7.75% $7,126
Stride Bank 1 6.63% $4,418

The top Woodward USDA lender as defined by loan originations is GUARANTEED RATE, INC., with 7 USDA loans originated. Their average total fees are $6,090, which is $1,725 higher than the next largest lender, Gateway First Bank.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Woodward (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 $140,000 (-3.1%) $189,345 (2.5%) 0.00 113
2018-02-01 $139,750 (0.5%) $177,985 (-2.9%) 0.00 117
2018-03-01 $139,500 (-0.4%) $176,067 (-5.4%) 0.00 116
2018-04-01 $135,500 (3.0%) $180,288 (-0.7%) 0.00 112
2018-05-01 $131,875 (0.3%) $179,124 (0.8%) 0.00 113
2018-06-01 $130,000 (0.2%) $186,156 (2.6%) 0.00 133
2018-07-01 $125,000 (-3.5%) $176,533 (-5.5%) 0.00 147
2018-08-01 $125,000 (-6.9%) $177,479 (-5.0%) 0.00 154
2018-09-01 $128,000 (-14.7%) $172,782 (-15.7%) 0.00 154
2018-10-01 $120,000 (-20.5%) $159,511 (-22.1%) 0.00 146
2018-11-01 $120,000 (-15.0%) $160,756 (-18.8%) 0.00 135
2018-12-01 $120,000 (-9.4%) $164,555 (-15.2%) 0.00 125
2019-01-01 $124,625 (-11.0%) $164,251 (-13.3%) 0.00 124
2019-02-01 $136,000 (-2.7%) $168,625 (-5.3%) 0.00 116
2019-03-01 $147,957 (6.1%) $181,563 (3.1%) 0.00 106
2019-04-01 $158,225 (16.8%) $188,042 (4.3%) 0.00 104
2019-05-01 $156,375 (18.6%) $184,640 (3.1%) 0.00 105
2019-06-01 $155,000 (19.2%) $187,666 (0.8%) 0.00 111
2019-07-01 $157,450 (26.0%) $184,752 (4.7%) 0.00 116
2019-08-01 $147,818 (18.3%) $177,253 (-0.1%) 0.00 117
2019-09-01 $146,795 (14.7%) $176,121 (1.9%) 0.00 122
2019-10-01 $145,250 (21.0%) $175,218 (9.9%) 0.00 124
2019-11-01 $143,500 (19.6%) $172,341 (7.2%) 0.00 123
2019-12-01 $140,500 (17.1%) $170,999 (3.9%) 0.00 103
2020-01-01 $140,000 (12.3%) $171,800 (4.6%) 0.00 102
2020-02-01 $137,500 (1.1%) $164,779 (-2.3%) 0.00 98
2020-03-01 $140,000 (-5.4%) $167,243 (-7.9%) 0.00 111
2020-04-01 $143,750 (-9.2%) $178,586 (-5.0%) 0.00 115
2020-05-01 $140,000 (-10.5%) $180,810 (-2.1%) 0.00 111
2020-06-01 $136,125 (-12.2%) $171,595 (-8.6%) 0.00 131
2020-07-01 $136,000 (-13.6%) $174,374 (-5.6%) 0.00 128
2020-08-01 $130,000 (-12.1%) $175,318 (-1.1%) 0.00 121
2020-09-01 $120,000 (-18.3%) $187,041 (6.2%) 0.00 120
2020-10-01 $114,500 (-21.2%) $181,603 (3.6%) 0.00 110
2020-11-01 $120,000 (-16.4%) $186,551 (8.3%) 0.00 99
2020-12-01 $118,875 (-15.4%) $190,564 (11.4%) 0.00 96
2021-01-01 $110,000 (-21.4%) $187,319 (9.0%) 0.00 88
2021-02-01 $115,000 (-16.4%) $197,973 (20.1%) 0.00 80
2021-03-01 $115,750 (-17.3%) $201,587 (20.5%) 0.00 75
2021-04-01 $113,750 (-20.9%) $193,510 (8.4%) 0.00 84
2021-05-01 $116,000 (-17.1%) $186,900 (3.4%) 0.00 88
2021-06-01 $115,000 (-15.5%) $183,183 (6.8%) 0.00 70
2021-07-01 $130,750 (-3.9%) $187,845 (7.7%) 0.00 69
2021-08-01 $127,000 (-2.3%) $166,959 (-4.8%) 0.00 76
2021-09-01 $128,500 (7.1%) $168,370 (-10.0%) 0.00 72
2021-10-01 $135,000 (17.9%) $181,459 (-0.1%) 0.00 82
2021-11-01 $130,625 (8.9%) $182,089 (-2.4%) 0.00 77
2021-12-01 $129,625 (9.0%) $174,136 (-8.6%) 0.00 78
2022-01-01 $129,000 (17.3%) $176,491 (-5.8%) 0.00 69
2022-02-01 $117,500 (2.2%) $162,324 (-18.0%) 0.00 70
2022-03-01 $126,750 (9.5%) $179,677 (-10.9%) 0.00 76
2022-04-01 $135,000 (18.7%) $181,568 (-6.2%) 0.00 82
2022-05-01 $141,250 (21.8%) $192,877 (3.2%) 0.00 78
2022-06-01 $130,250 (13.3%) $176,766 (-3.5%) 0.00 77
2022-07-01 $128,000 (-2.1%) $174,215 (-7.3%) 0.00 83
2022-08-01 $129,000 (1.6%) $173,875 (4.1%) 0.00 86
2022-09-01 $131,750 (2.5%) $173,995 (3.3%) 0.00 85
2022-10-01 $125,000 (-7.4%) $173,629 (-4.3%) 0.00 76
2022-11-01 $133,250 (2.0%) $188,997 (3.8%) 0.00 76
2022-12-01 $139,250 (7.4%) $191,893 (10.2%) 0.00 73
2023-01-01 $146,250 (13.4%) $196,321 (11.2%) 0.00 67
2023-02-01 $143,625 (22.2%) $196,965 (21.3%) 0.00 60
2023-03-01 $150,125 (18.4%) $201,096 (11.9%) 0.00 51
2023-04-01 $160,000 (18.5%) $197,485 (8.8%) 0.00 56
2023-05-01 $150,750 (6.7%) $196,338 (1.8%) 0.00 55
2023-06-01 $149,625 (14.9%) $192,775 (9.1%) 0.00 58
2023-07-01 $145,000 (13.3%) $183,099 (5.1%) 0.00 62
2023-08-01 $141,750 (9.9%) $189,426 (8.9%) 0.00 66
2023-09-01 $143,500 (8.9%) $195,354 (12.3%) 0.00 70
2023-10-01 $133,975 (7.2%) $196,084 (12.9%) 0.00 74
2023-11-01 $139,025 (4.3%) $204,724 (8.3%) 0.00 78
2023-12-01 $155,000 (11.3%) $220,908 (15.1%) 0.00 77
2024-01-01 $151,250 (3.4%) $205,624 (4.7%) 0.00 76
2024-02-01 $143,750 (0.1%) $203,650 (3.4%) 0.00 77
Woodward's median listing price for 2024-02-01 was $143,750, a difference of $125 (0.1%) versus the prior year and $-7,500 versus the prior month.

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

Woodward's average listing price for 2024-02-01 was $203,650, a difference of $6,685 (3.4%) versus the prior year and $-1,974 versus the prior month.

For the 2024-02-01 period, Woodward had 77 MLS listings, a difference of 1 listings (1%) versus the prior month and 17 listings (28%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Woodward (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,696 sqft
2018-02-01 0 days 1,719 sqft
2018-03-01 0 days 1,711 sqft
2018-04-01 0 days 1,745 sqft
2018-05-01 0 days 1,761 sqft
2018-06-01 0 days 1,745 sqft
2018-07-01 0 days 1,629 sqft
2018-08-01 0 days 1,724 sqft
2018-09-01 0 days 1,680 sqft
2018-10-01 0 days 1,625 sqft
2018-11-01 0 days 1,608 sqft
2018-12-01 0 days 1,630 sqft
2019-01-01 0 days 1,626 sqft
2019-02-01 0 days 1,610 sqft
2019-03-01 0 days 1,758 sqft
2019-04-01 0 days 1,781 sqft
2019-05-01 0 days 1,811 sqft
2019-06-01 0 days 1,823 sqft
2019-07-01 0 days 1,803 sqft
2019-08-01 0 days 1,645 sqft
2019-09-01 0 days 1,665 sqft
2019-10-01 0 days 1,678 sqft
2019-11-01 0 days 1,682 sqft
2019-12-01 0 days 1,588 sqft
2020-01-01 0 days 1,571 sqft
2020-02-01 0 days 1,588 sqft
2020-03-01 0 days 1,583 sqft
2020-04-01 0 days 1,671 sqft
2020-05-01 0 days 1,692 sqft
2020-06-01 0 days 1,571 sqft
2020-07-01 0 days 1,629 sqft
2020-08-01 0 days 1,560 sqft
2020-09-01 0 days 1,558 sqft
2020-10-01 0 days 1,455 sqft
2020-11-01 0 days 1,560 sqft
2020-12-01 0 days 1,546 sqft
2021-01-01 0 days 1,476 sqft
2021-02-01 0 days 1,488 sqft
2021-03-01 0 days 1,537 sqft
2021-04-01 0 days 1,551 sqft
2021-05-01 0 days 1,546 sqft
2021-06-01 0 days 1,559 sqft
2021-07-01 0 days 1,592 sqft
2021-08-01 0 days 1,583 sqft
2021-09-01 0 days 1,561 sqft
2021-10-01 0 days 1,609 sqft
2021-11-01 0 days 1,648 sqft
2021-12-01 0 days 1,675 sqft
2022-01-01 0 days 1,601 sqft
2022-02-01 0 days 1,585 sqft
2022-03-01 0 days 1,624 sqft
2022-04-01 0 days 1,808 sqft
2022-05-01 0 days 1,801 sqft
2022-06-01 0 days 1,679 sqft
2022-07-01 0 days 1,674 sqft
2022-08-01 0 days 1,658 sqft
2022-09-01 0 days 1,655 sqft
2022-10-01 0 days 1,621 sqft
2022-11-01 0 days 1,668 sqft
2022-12-01 0 days 1,732 sqft
2023-01-01 0 days 1,690 sqft
2023-02-01 0 days 1,715 sqft
2023-03-01 0 days 1,772 sqft
2023-04-01 0 days 1,723 sqft
2023-05-01 0 days 1,757 sqft
2023-06-01 0 days 1,674 sqft
2023-07-01 0 days 1,514 sqft
2023-08-01 0 days 1,571 sqft
2023-09-01 0 days 1,673 sqft
2023-10-01 0 days 1,572 sqft
2023-11-01 0 days 1,606 sqft
2023-12-01 0 days 1,711 sqft
2024-01-01 0 days 1,672 sqft
2024-02-01 0 days 1,540 sqft
Woodward's median listing age (time on market) for 2024-02-01 was 0 days.

Woodward's median square footage for active listings during the 2024-02-01 period was 1,540 sqft. One year prior, the average listing was 1,715 sqft.