browse list of realtors working in Olmsted County
Olmsted county has 2 usdaproperties.com realtors ready to help with your search!
|June Featured Agents|
|Luke Ihde||from Homes Plus Realty|
|Donna Sylvester||from Infinity Real Estate|
There are 518 USDA backed residential loans in Olmsted county with an average loan balance of $148,209. Over 68% of the loans helped first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $147,560. On average the rural home size purchased with this loan was approximately 1,201 SqFt. Olmsted county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.
The size of Olmsted County is roughly 1,694 square kilometers. USDA defined regions of rural loan ineligibility in Olmsted cover 435 square kilometers of the county. Approximately 25.7% of Olmsted County is ineligible for traditional USDA home loans. The influence score for Olmsted County is 2. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Olmsted County, MN
* cities most likely to have USDA loan eligible properties for sale.
*Byron • Cedar Beach • Chester • Cummingsville • Danesville • Douglas • *Dover • *Eyota • Genoa • Golden Hill • High Forest • Judge • Marion • *Oronoco • Pleasant Grove • Post Town • Potsdam • Predmore • Ringe • Rochester • Rock Dell • Shanty Town • Simpson • *Stewartville • Viola
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Olmsted County.
Olmsted County, located in the southeastern area of the great state of Minnesota, was established on February 20, 1855. Named in honor of David Olmsted, the first Mayor of Rochester, the county has an abundance of natural beauty, rich history, and notable landmarks.
The area's establishment and growth can be traced back to the mid-1800s, with Dr. George W. Mayo's arrival in 1863. Dr. Mayo, a medical practitioner, opened his small practice, which eventually grew into the renowned Mayo Clinic. The internationally-acclaimed medical facility is now the county's largest employer and a driving force behind Rochester's development as a city.
In the late 19th and early 20th centuries, Olmsted County flourished with farming, quarrying, and manufacturing industries. The economic prosperity during this period led to the construction of numerous iconic buildings, such as the Chateau Theatre and the Plummer Building, both listed on the National Register of Historic Places.
A fun fact about Olmsted County is that the county's park system contains more than 550 acres of parkland, promoting outdoor recreation and exploration. Oxbow Park and Zollman Zoo, a popular attraction in the region, is home to more than 30 species of wild animals native to Minnesota. The park provides a glimpse of Olmsted County's natural beauty while offering educational and recreational opportunities for all ages.