Aberdeen USDA Loan Rates, Closing Costs & Stats

Aberdeen, WA

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.

Aberdeen's 8 lenders originated 8 USDA loans during 2023. The total origination value was $1,930,000, with an average USDA loan value of $241,250.

Aberdeen USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Aberdeen averaged 6.92% for the week of 2024-05-17, compared to the national average (all USDA variants) of 6.75% for the same period.

Aberdeen's average USDA mortgage closing costs are $6,194.

The average rate for the prior week (2024-05-10) was 6.76% and one month ago for the week of 2024-04-12, the average rate was 6.99%.

The average rate one year ago was 6.47%.

For refis of the same type during the week of 2024-05-17, the average rate was 6.55%.

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

Aberdeen 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 Aberdeen level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.38% $9,502
Century Mortgage Company DBA Century Lending Company 1 5.75% $6,600
CMG MORTGAGE, INC. 1 7.00% $9,661
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.75% $8,894
Flagstar Bank, FSB 1 6.30% $10,749
GENEVA FINANCIAL, LLC 1 6.25% $10,896
GUILD MORTGAGE COMPANY 1 6.38% $7,086
Ixonia Bank 1 6.49% $11,108

The top Aberdeen USDA lender as defined by loan originations is ARK-LA-TEX FINANCIAL SERVICES, LLC., with 1 USDA loans originated. Their average total fees are $9,502, which is $2,902 higher than the next largest lender, Century Mortgage Company DBA Century Lending Company.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Aberdeen (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 $209,900 (22.8%) $249,846 (17.3%) 0.00 293
2018-02-01 $217,625 (21.3%) $258,065 (19.7%) 0.00 286
2018-03-01 $217,900 (19.4%) $257,528 (16.1%) 0.00 299
2018-04-01 $217,250 (14.5%) $254,314 (13.4%) 0.00 313
2018-05-01 $222,475 (14.1%) $253,062 (9.4%) 0.00 329
2018-06-01 $220,000 (12.8%) $258,524 (12.6%) 0.00 379
2018-07-01 $222,100 (11.2%) $262,451 (13.3%) 0.00 415
2018-08-01 $224,450 (12.3%) $268,013 (16.1%) 0.00 415
2018-09-01 $229,450 (14.7%) $272,843 (15.0%) 0.00 402
2018-10-01 $233,500 (16.8%) $270,422 (10.6%) 0.00 382
2018-11-01 $232,500 (15.0%) $264,200 (6.3%) 0.00 359
2018-12-01 $228,200 (14.2%) $260,684 (6.8%) 0.00 323
2019-01-01 $229,225 (9.2%) $260,987 (4.5%) 0.00 272
2019-02-01 $230,750 (6.0%) $265,108 (2.7%) 0.00 275
2019-03-01 $235,247 (8.0%) $272,593 (5.9%) 0.00 285
2019-04-01 $243,871 (12.3%) $283,600 (11.5%) 0.00 298
2019-05-01 $249,725 (12.3%) $298,314 (17.9%) 0.00 298
2019-06-01 $243,250 (10.6%) $287,212 (11.1%) 0.00 337
2019-07-01 $246,500 (11.0%) $291,957 (11.2%) 0.00 376
2019-08-01 $246,182 (9.7%) $289,747 (8.1%) 0.00 391
2019-09-01 $242,705 (5.8%) $283,956 (4.1%) 0.00 397
2019-10-01 $240,000 (2.8%) $278,196 (2.9%) 0.00 396
2019-11-01 $246,250 (5.9%) $275,780 (4.4%) 0.00 360
2019-12-01 $244,920 (7.3%) $266,857 (2.4%) 0.00 322
2020-01-01 $244,950 (6.9%) $268,603 (2.9%) 0.00 299
2020-02-01 $245,900 (6.6%) $265,500 (0.2%) 0.00 284
2020-03-01 $249,700 (6.1%) $271,373 (-0.5%) 0.00 279
2020-04-01 $257,413 (5.6%) $280,692 (-1.0%) 0.00 277
2020-05-01 $259,450 (3.9%) $282,511 (-5.3%) 0.00 267
2020-06-01 $263,700 (8.4%) $291,338 (1.4%) 0.00 250
2020-07-01 $265,000 (7.5%) $301,090 (3.1%) 0.00 260
2020-08-01 $260,000 (5.6%) $307,026 (6.0%) 0.00 254
2020-09-01 $263,500 (8.6%) $322,567 (13.6%) 0.00 235
2020-10-01 $265,000 (10.4%) $331,151 (19.0%) 0.00 210
2020-11-01 $273,450 (11.1%) $354,169 (28.4%) 0.00 140
2020-12-01 $283,675 (15.8%) $364,189 (36.5%) 0.00 124
2021-01-01 $279,000 (13.9%) $373,342 (39.0%) 0.00 90
2021-02-01 $282,175 (14.8%) $382,773 (44.2%) 0.00 83
2021-03-01 $286,450 (14.7%) $366,032 (34.9%) 0.00 87
2021-04-01 $302,250 (17.4%) $372,982 (32.9%) 0.00 84
2021-05-01 $349,000 (34.5%) $404,953 (43.3%) 0.00 120
2021-06-01 $369,900 (40.3%) $431,286 (48.0%) 0.00 142
2021-07-01 $349,950 (32.1%) $414,109 (37.5%) 0.00 186
2021-08-01 $356,000 (36.9%) $428,724 (39.6%) 0.00 200
2021-09-01 $362,500 (37.6%) $429,842 (33.3%) 0.00 212
2021-10-01 $384,900 (45.3%) $442,955 (33.8%) 0.00 194
2021-11-01 $382,450 (39.9%) $431,039 (21.7%) 0.00 167
2021-12-01 $384,700 (35.6%) $425,404 (16.8%) 0.00 152
2022-01-01 $389,000 (39.4%) $423,175 (13.4%) 0.00 135
2022-02-01 $392,350 (39.0%) $423,691 (10.7%) 0.00 132
2022-03-01 $406,150 (41.8%) $459,141 (25.4%) 0.00 156
2022-04-01 $424,900 (40.6%) $471,830 (26.5%) 0.00 160
2022-05-01 $407,400 (16.7%) $454,197 (12.2%) 0.00 203
2022-06-01 $412,210 (11.4%) $454,692 (5.4%) 0.00 267
2022-07-01 $405,000 (15.7%) $450,110 (8.7%) 0.00 348
2022-08-01 $399,999 (12.4%) $446,996 (4.3%) 0.00 360
2022-09-01 $399,450 (10.2%) $438,494 (2.0%) 0.00 349
2022-10-01 $399,000 (3.7%) $425,631 (-3.9%) 0.00 335
2022-11-01 $388,972 (1.7%) $405,991 (-5.8%) 0.00 292
2022-12-01 $397,000 (3.2%) $411,105 (-3.4%) 0.00 250
2023-01-01 $399,900 (2.8%) $422,895 (-0.1%) 0.00 240
2023-02-01 $399,987 (2.0%) $421,591 (-0.5%) 0.00 223
2023-03-01 $413,750 (1.9%) $442,334 (-3.7%) 0.00 217
2023-04-01 $410,000 (-3.5%) $451,468 (-4.3%) 0.00 220
2023-05-01 $411,250 (1.0%) $447,237 (-1.5%) 0.00 243
2023-06-01 $415,475 (0.8%) $466,674 (2.6%) 0.00 275
2023-07-01 $419,000 (3.5%) $499,938 (11.1%) 0.00 330
2023-08-01 $407,450 (1.9%) $486,731 (8.9%) 0.00 343
2023-09-01 $419,000 (4.9%) $488,356 (11.4%) 0.00 325
2023-10-01 $419,950 (5.3%) $495,146 (16.3%) 0.00 316
2023-11-01 $409,450 (5.3%) $482,498 (18.8%) 0.00 336
2023-12-01 $405,000 (2.0%) $476,164 (15.8%) 0.00 303
2024-01-01 $399,900 (0.0%) $459,703 (8.7%) 0.00 276
2024-02-01 $399,450 (-0.1%) $460,645 (9.3%) 0.00 246
2024-03-01 $401,800 (-2.9%) $466,220 (5.4%) 0.00 266
2024-04-01 $418,450 (2.1%) $484,244 (7.3%) 0.00 313
Aberdeen's median listing price for 2024-04-01 was $418,450, a difference of $8,450 (2.1%) versus the prior year and $16,650 versus the prior month.

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

Aberdeen's average listing price for 2024-04-01 was $484,244, a difference of $32,776 (7.3%) versus the prior year and $18,024 versus the prior month.

For the 2024-04-01 period, Aberdeen had 313 MLS listings, a difference of 47 listings (18%) versus the prior month and 93 listings (42%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Aberdeen (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,509 sqft
2018-02-01 0 days 1,517 sqft
2018-03-01 0 days 1,509 sqft
2018-04-01 0 days 1,478 sqft
2018-05-01 0 days 1,500 sqft
2018-06-01 0 days 1,516 sqft
2018-07-01 0 days 1,487 sqft
2018-08-01 0 days 1,533 sqft
2018-09-01 0 days 1,545 sqft
2018-10-01 0 days 1,543 sqft
2018-11-01 0 days 1,499 sqft
2018-12-01 0 days 1,489 sqft
2019-01-01 0 days 1,487 sqft
2019-02-01 0 days 1,502 sqft
2019-03-01 0 days 1,505 sqft
2019-04-01 0 days 1,504 sqft
2019-05-01 0 days 1,491 sqft
2019-06-01 0 days 1,465 sqft
2019-07-01 0 days 1,488 sqft
2019-08-01 0 days 1,500 sqft
2019-09-01 0 days 1,519 sqft
2019-10-01 0 days 1,508 sqft
2019-11-01 0 days 1,491 sqft
2019-12-01 0 days 1,463 sqft
2020-01-01 0 days 1,469 sqft
2020-02-01 0 days 1,470 sqft
2020-03-01 0 days 1,419 sqft
2020-04-01 0 days 1,419 sqft
2020-05-01 0 days 1,440 sqft
2020-06-01 0 days 1,462 sqft
2020-07-01 0 days 1,484 sqft
2020-08-01 0 days 1,520 sqft
2020-09-01 0 days 1,517 sqft
2020-10-01 0 days 1,528 sqft
2020-11-01 0 days 1,425 sqft
2020-12-01 0 days 1,445 sqft
2021-01-01 0 days 1,434 sqft
2021-02-01 0 days 1,498 sqft
2021-03-01 0 days 1,478 sqft
2021-04-01 0 days 1,524 sqft
2021-05-01 0 days 1,527 sqft
2021-06-01 0 days 1,513 sqft
2021-07-01 0 days 1,532 sqft
2021-08-01 0 days 1,534 sqft
2021-09-01 0 days 1,502 sqft
2021-10-01 0 days 1,518 sqft
2021-11-01 0 days 1,486 sqft
2021-12-01 0 days 1,490 sqft
2022-01-01 0 days 1,425 sqft
2022-02-01 0 days 1,375 sqft
2022-03-01 0 days 1,445 sqft
2022-04-01 0 days 1,440 sqft
2022-05-01 0 days 1,450 sqft
2022-06-01 0 days 1,428 sqft
2022-07-01 0 days 1,468 sqft
2022-08-01 0 days 1,487 sqft
2022-09-01 0 days 1,486 sqft
2022-10-01 0 days 1,488 sqft
2022-11-01 0 days 1,460 sqft
2022-12-01 0 days 1,446 sqft
2023-01-01 0 days 1,448 sqft
2023-02-01 0 days 1,476 sqft
2023-03-01 0 days 1,461 sqft
2023-04-01 0 days 1,491 sqft
2023-05-01 0 days 1,484 sqft
2023-06-01 0 days 1,523 sqft
2023-07-01 0 days 1,500 sqft
2023-08-01 0 days 1,514 sqft
2023-09-01 0 days 1,512 sqft
2023-10-01 0 days 1,492 sqft
2023-11-01 0 days 1,484 sqft
2023-12-01 0 days 1,490 sqft
2024-01-01 0 days 1,489 sqft
2024-02-01 0 days 1,489 sqft
2024-03-01 0 days 1,495 sqft
2024-04-01 0 days 1,497 sqft
Aberdeen's median listing age (time on market) for 2024-04-01 was 0 days.

Aberdeen's median square footage for active listings during the 2024-04-01 period was 1,497 sqft. One year prior, the average listing was 1,491 sqft.