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There are 222 USDA backed residential loans in Pipestone county with an average loan balance of $65,038. Over 73% of the loans helped first time home buyers. Borrowers were an average age of 35 years old. The typical appraised home value was around $65,777. On average the rural home size purchased with this loan was approximately 1,361 SqFt. Alternate income limits exist to determine loan eligibility in Pipestone county. For a household of upto 4 people the income limit is $92,600. For a household of between 5 and 8 people the income limit increases to $122,250.
The size of Pipestone County is roughly 1,203 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Pipestone County is 8. 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 Pipestone County, MN
* cities most likely to have USDA loan eligible properties for sale.
Airlie • Cazenovia • Cresson • *Edgerton • *Hatfield • *Holland • *Ihlen • *Jasper • *Pipestone • *Ruthton • *Trosky • *Woodstock
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 Pipestone County.
Pipestone County is located in the southwestern part of the great state of Minnesota, USA. Its origins go back to the mid-19th century when it was officially established on May 23, 1857, during the American expansion westward. Named after the pipestone deposits found in the area, the city of Pipestone serves as the county seat.
The region is rich with Native American history, specifically the Sioux and other tribes who considered the pipestone quarries sacred. These quarries, which later became the Pipestone National Monument in 1937, produced the unique red stone used for making ceremonial pipes, highly valued by many indigenous cultures throughout North America. The significance of these pipes is deeply rooted in Native American spiritual practices and beliefs.
A fun fact about Pipestone County is that the Pipestone National Monument, spanning across 282 acres, is home to the "Three Maidens" or "Oracle Stone," a large granite boulder considered sacred by Native American tribes. According to the legend, the stone represents three sisters who turned to stone after guarding the quarries for centuries. Today, the monument continues to be a significant cultural and historical site for Native Americans, who still use the stone for their traditional pipe-making practices.