Aberdeen USDA Loan Rates, Closing Costs & Stats

Aberdeen, WA

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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 6.84% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

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

    The average rate for the prior week (2024-04-12) was 6.99% and one month ago for the week of 2024-03-15, the average rate was 6.47%.

    The average rate one year ago was 6.41%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.06%.

    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
    Aberdeen's median listing price for 2024-03-01 was $401,800, a difference of $-11,950 (-2.9%) versus the prior year and $2,350 versus the prior month.

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

    Aberdeen's average listing price for 2024-03-01 was $466,220, a difference of $23,886 (5.4%) versus the prior year and $5,575 versus the prior month.

    For the 2024-03-01 period, Aberdeen had 266 MLS listings, a difference of 20 listings (8%) versus the prior month and 49 listings (23%) 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
    Aberdeen's median listing age (time on market) for 2024-03-01 was 0 days.

    Aberdeen's median square footage for active listings during the 2024-03-01 period was 1,495 sqft. One year prior, the average listing was 1,461 sqft.