Alice USDA Loan Rates, Closing Costs & Stats

Alice, TX

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    • 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.

    Alice's 3 lenders originated 4 USDA loans during 2023. The total origination value was $700,000, with an average USDA loan value of $175,000.

    Alice USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Alice averaged 6.96% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Alice's average USDA mortgage closing costs are $7,267.

    The average rate for the prior week (2024-04-12) was 6.91% and one month ago for the week of 2024-03-15, the average rate was 6.89%.

    The average rate one year ago was 6.53%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.96%.

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

    Alice 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 Alice level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    CARDINAL FINANCIAL 1 6.75% $7,064
    GUILD MORTGAGE COMPANY 1 6.50% $10,681
    MOVEMENT MORTGAGE, LLC 1 5.75% $9,420

    The top Alice USDA lender as defined by loan originations is CARDINAL FINANCIAL, with 1 USDA loans originated. Their average total fees are $7,064, which is $3,617 lower than the next largest lender, GUILD MORTGAGE COMPANY.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Alice (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 $165,625 (20.0%) $202,972 (23.1%) 0.00 163
    2018-02-01 $165,125 (10.1%) $207,033 (15.5%) 0.00 151
    2018-03-01 $169,900 (9.4%) $218,552 (17.1%) 0.00 143
    2018-04-01 $171,175 (10.2%) $223,459 (17.4%) 0.00 138
    2018-05-01 $158,000 (2.7%) $206,997 (8.5%) 0.00 148
    2018-06-01 $152,400 (-2.0%) $208,061 (8.5%) 0.00 154
    2018-07-01 $150,125 (-2.3%) $205,852 (8.0%) 0.00 156
    2018-08-01 $149,250 (-4.6%) $200,632 (5.4%) 0.00 161
    2018-09-01 $149,000 (-0.6%) $193,155 (2.7%) 0.00 154
    2018-10-01 $147,500 (1.8%) $189,109 (-3.4%) 0.00 147
    2018-11-01 $129,370 (-14.3%) $182,136 (-8.5%) 0.00 138
    2018-12-01 $146,000 (-10.4%) $187,684 (-6.9%) 0.00 127
    2019-01-01 $147,875 (-10.7%) $191,715 (-5.6%) 0.00 123
    2019-02-01 $140,725 (-14.8%) $198,482 (-4.1%) 0.00 118
    2019-03-01 $142,900 (-15.9%) $199,896 (-8.5%) 0.00 118
    2019-04-01 $146,925 (-14.2%) $197,658 (-11.6%) 0.00 118
    2019-05-01 $149,300 (-5.5%) $197,994 (-4.4%) 0.00 123
    2019-06-01 $140,900 (-7.6%) $183,956 (-11.6%) 0.00 111
    2019-07-01 $142,550 (-5.1%) $181,782 (-11.7%) 0.00 108
    2019-08-01 $154,386 (3.4%) $189,677 (-5.5%) 0.00 109
    2019-09-01 $155,716 (4.5%) $194,359 (0.6%) 0.00 109
    2019-10-01 $156,602 (6.2%) $197,480 (4.4%) 0.00 108
    2019-11-01 $169,950 (31.4%) $201,332 (10.5%) 0.00 108
    2019-12-01 $153,100 (4.9%) $191,970 (2.3%) 0.00 111
    2020-01-01 $159,900 (8.1%) $193,893 (1.1%) 0.00 102
    2020-02-01 $178,250 (26.7%) $209,247 (5.4%) 0.00 105
    2020-03-01 $172,400 (20.6%) $203,804 (2.0%) 0.00 106
    2020-04-01 $164,500 (12.0%) $197,063 (-0.3%) 0.00 117
    2020-05-01 $169,000 (13.2%) $198,031 (0.0%) 0.00 108
    2020-06-01 $185,950 (32.0%) $213,988 (16.3%) 0.00 92
    2020-07-01 $190,675 (33.8%) $227,989 (25.4%) 0.00 84
    2020-08-01 $189,900 (23.0%) $237,079 (25.0%) 0.00 86
    2020-09-01 $212,500 (36.5%) $243,793 (25.4%) 0.00 81
    2020-10-01 $199,700 (27.5%) $237,174 (20.1%) 0.00 82
    2020-11-01 $188,925 (11.2%) $226,697 (12.6%) 0.00 74
    2020-12-01 $190,975 (24.7%) $224,499 (16.9%) 0.00 76
    2021-01-01 $188,000 (17.6%) $220,479 (13.7%) 0.00 71
    2021-02-01 $177,450 (-0.5%) $218,566 (4.5%) 0.00 66
    2021-03-01 $175,000 (1.5%) $204,702 (0.4%) 0.00 64
    2021-04-01 $199,625 (21.4%) $213,748 (8.5%) 0.00 58
    2021-05-01 $175,000 (3.6%) $202,367 (2.2%) 0.00 57
    2021-06-01 $183,000 (-1.6%) $210,246 (-1.8%) 0.00 52
    2021-07-01 $170,000 (-10.8%) $208,058 (-8.7%) 0.00 74
    2021-08-01 $159,000 (-16.3%) $194,368 (-18.0%) 0.00 78
    2021-09-01 $173,725 (-18.3%) $210,454 (-13.7%) 0.00 82
    2021-10-01 $175,000 (-12.4%) $205,541 (-13.3%) 0.00 88
    2021-11-01 $167,250 (-11.5%) $212,416 (-6.3%) 0.00 83
    2021-12-01 $157,750 (-17.4%) $219,570 (-2.2%) 0.00 80
    2022-01-01 $149,500 (-20.5%) $200,900 (-8.9%) 0.00 75
    2022-02-01 $154,500 (-12.9%) $210,420 (-3.7%) 0.00 65
    2022-03-01 $173,725 (-0.7%) $264,353 (29.1%) 0.00 68
    2022-04-01 $163,000 (-18.4%) $224,469 (5.0%) 0.00 66
    2022-05-01 $161,750 (-7.6%) $232,396 (14.8%) 0.00 69
    2022-06-01 $175,000 (-4.4%) $239,441 (13.9%) 0.00 79
    2022-07-01 $169,450 (-0.3%) $217,440 (4.5%) 0.00 87
    2022-08-01 $169,700 (6.7%) $230,421 (18.6%) 0.00 96
    2022-09-01 $169,225 (-2.6%) $227,970 (8.3%) 0.00 100
    2022-10-01 $169,900 (-2.9%) $231,491 (12.6%) 0.00 102
    2022-11-01 $167,850 (0.4%) $226,321 (6.6%) 0.00 108
    2022-12-01 $159,500 (1.1%) $209,343 (-4.7%) 0.00 104
    2023-01-01 $159,250 (6.5%) $207,109 (3.1%) 0.00 108
    2023-02-01 $159,000 (2.9%) $209,001 (-0.7%) 0.00 106
    2023-03-01 $159,250 (-8.3%) $211,338 (-20.1%) 0.00 98
    2023-04-01 $175,000 (7.4%) $227,220 (1.2%) 0.00 90
    2023-05-01 $198,075 (22.5%) $239,432 (3.0%) 0.00 97
    2023-06-01 $182,475 (4.3%) $238,505 (-0.4%) 0.00 100
    2023-07-01 $168,000 (-0.9%) $221,175 (1.7%) 0.00 92
    2023-08-01 $169,450 (-0.2%) $224,527 (-2.6%) 0.00 98
    2023-09-01 $174,900 (3.4%) $222,558 (-2.4%) 0.00 102
    2023-10-01 $182,500 (7.4%) $244,715 (5.7%) 0.00 100
    2023-11-01 $173,750 (3.5%) $238,548 (5.4%) 0.00 104
    2023-12-01 $187,000 (17.2%) $259,403 (23.9%) 0.00 109
    2024-01-01 $185,000 (16.2%) $261,573 (26.3%) 0.00 107
    2024-02-01 $184,375 (16.0%) $233,940 (11.9%) 0.00 109
    2024-03-01 $209,500 (31.6%) $249,886 (18.2%) 0.00 104
    Alice's median listing price for 2024-03-01 was $209,500, a difference of $50,250 (31.6%) versus the prior year and $25,125 versus the prior month.

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

    Alice's average listing price for 2024-03-01 was $249,886, a difference of $38,548 (18.2%) versus the prior year and $15,946 versus the prior month.

    For the 2024-03-01 period, Alice had 104 MLS listings, a difference of -5 listings (-5%) versus the prior month and 6 listings (6%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Alice (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,885 sqft
    2018-02-01 0 days 1,982 sqft
    2018-03-01 0 days 2,100 sqft
    2018-04-01 0 days 2,097 sqft
    2018-05-01 0 days 1,932 sqft
    2018-06-01 0 days 1,901 sqft
    2018-07-01 0 days 1,823 sqft
    2018-08-01 0 days 1,814 sqft
    2018-09-01 0 days 1,788 sqft
    2018-10-01 0 days 1,720 sqft
    2018-11-01 0 days 1,708 sqft
    2018-12-01 0 days 1,755 sqft
    2019-01-01 0 days 1,746 sqft
    2019-02-01 0 days 1,760 sqft
    2019-03-01 0 days 1,760 sqft
    2019-04-01 0 days 1,759 sqft
    2019-05-01 0 days 1,806 sqft
    2019-06-01 0 days 1,821 sqft
    2019-07-01 0 days 1,794 sqft
    2019-08-01 0 days 1,812 sqft
    2019-09-01 0 days 1,848 sqft
    2019-10-01 0 days 1,857 sqft
    2019-11-01 0 days 1,820 sqft
    2019-12-01 0 days 1,742 sqft
    2020-01-01 0 days 1,759 sqft
    2020-02-01 0 days 1,810 sqft
    2020-03-01 0 days 1,805 sqft
    2020-04-01 0 days 1,797 sqft
    2020-05-01 0 days 1,785 sqft
    2020-06-01 0 days 1,875 sqft
    2020-07-01 0 days 2,027 sqft
    2020-08-01 0 days 2,071 sqft
    2020-09-01 0 days 2,106 sqft
    2020-10-01 0 days 2,049 sqft
    2020-11-01 0 days 1,857 sqft
    2020-12-01 0 days 1,800 sqft
    2021-01-01 0 days 1,775 sqft
    2021-02-01 0 days 1,788 sqft
    2021-03-01 0 days 1,757 sqft
    2021-04-01 0 days 1,718 sqft
    2021-05-01 0 days 1,632 sqft
    2021-06-01 0 days 1,656 sqft
    2021-07-01 0 days 1,716 sqft
    2021-08-01 0 days 1,644 sqft
    2021-09-01 0 days 1,690 sqft
    2021-10-01 0 days 1,638 sqft
    2021-11-01 0 days 1,711 sqft
    2021-12-01 0 days 1,735 sqft
    2022-01-01 0 days 1,512 sqft
    2022-02-01 0 days 1,574 sqft
    2022-03-01 0 days 1,632 sqft
    2022-04-01 0 days 1,429 sqft
    2022-05-01 0 days 1,496 sqft
    2022-06-01 0 days 1,498 sqft
    2022-07-01 0 days 1,490 sqft
    2022-08-01 0 days 1,515 sqft
    2022-09-01 0 days 1,580 sqft
    2022-10-01 0 days 1,632 sqft
    2022-11-01 0 days 1,602 sqft
    2022-12-01 0 days 1,624 sqft
    2023-01-01 0 days 1,550 sqft
    2023-02-01 0 days 1,461 sqft
    2023-03-01 0 days 1,446 sqft
    2023-04-01 0 days 1,476 sqft
    2023-05-01 0 days 1,508 sqft
    2023-06-01 0 days 1,496 sqft
    2023-07-01 0 days 1,503 sqft
    2023-08-01 0 days 1,519 sqft
    2023-09-01 0 days 1,495 sqft
    2023-10-01 0 days 1,495 sqft
    2023-11-01 0 days 1,487 sqft
    2023-12-01 0 days 1,512 sqft
    2024-01-01 0 days 1,514 sqft
    2024-02-01 0 days 1,513 sqft
    2024-03-01 0 days 1,542 sqft
    Alice's median listing age (time on market) for 2024-03-01 was 0 days.

    Alice's median square footage for active listings during the 2024-03-01 period was 1,542 sqft. One year prior, the average listing was 1,446 sqft.