Amarillo USDA Loan Rates, Closing Costs & Stats

AMARILLO, 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.

    Amarillo's 6 lenders originated 7 USDA loans during 2023. The total origination value was $1,185,000, with an average USDA loan value of $169,286.

    Amarillo USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Amarillo averaged 6.49% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Amarillo's average USDA mortgage closing costs are $6,345.

    The average rate for the prior week (2025-02-07) was 6.75% and one month ago for the week of 2025-01-10, the average rate was 6.69%.

    The average rate one year ago was 6.39%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.58%.

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

    Amarillo 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 Amarillo level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.75% $8,865
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.25% $4,695
    EVERETT FINANCIAL, INC. 1 7.13% $6,596
    GUILD MORTGAGE COMPANY 1 7.63% $7,558
    S1L, Inc. 1 4.88% $8,613
    UNITED WHOLESALE MORTGAGE, LLC 1 6.38% $5,533

    The top Amarillo USDA lender as defined by loan originations is PRIMELENDING, A PLAINSCAPITAL COMPANY, with 2 USDA loans originated. Their average total fees are $8,865, which is $4,170 higher than the next largest lender, AMERICAN FINANCIAL RESOURCES, INC..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Amarillo (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 $218,975 (9.5%) $298,124 (8.6%) 0.81 1,018
    2018-02-01 $225,250 (9.9%) $298,518 (9.3%) 0.82 1,023
    2018-03-01 $225,000 (6.2%) $303,151 (10.3%) 0.79 1,017
    2018-04-01 $231,450 (8.0%) $306,502 (8.4%) 0.78 1,016
    2018-05-01 $236,700 (8.7%) $309,283 (6.7%) 0.79 1,083
    2018-06-01 $238,900 (8.9%) $311,231 (7.4%) 0.80 1,144
    2018-07-01 $238,600 (8.5%) $310,106 (9.6%) 0.80 1,202
    2018-08-01 $236,200 (7.5%) $307,728 (8.5%) 0.79 1,215
    2018-09-01 $234,900 (9.3%) $306,618 (9.0%) 0.79 1,191
    2018-10-01 $234,850 (9.7%) $305,584 (7.4%) 0.80 1,235
    2018-11-01 $235,950 (10.0%) $302,984 (5.9%) 0.80 1,228
    2018-12-01 $233,613 (8.7%) $302,514 (3.2%) 0.81 1,194
    2019-01-01 $227,450 (3.9%) $294,602 (-1.2%) 0.79 1,137
    2019-02-01 $235,425 (4.5%) $299,480 (0.3%) 0.80 1,136
    2019-03-01 $240,286 (6.8%) $304,817 (0.6%) 0.79 1,127
    2019-04-01 $243,500 (5.2%) $305,551 (-0.3%) 0.77 1,116
    2019-05-01 $248,975 (5.2%) $314,697 (1.8%) 0.78 1,091
    2019-06-01 $244,950 (2.5%) $311,815 (0.2%) 0.77 1,140
    2019-07-01 $239,475 (0.4%) $312,099 (0.6%) 0.75 1,129
    2019-08-01 $239,616 (1.5%) $310,531 (0.9%) 0.76 1,103
    2019-09-01 $239,115 (1.8%) $306,885 (0.1%) 0.77 1,065
    2019-10-01 $237,363 (1.1%) $304,455 (-0.4%) 0.77 1,037
    2019-11-01 $234,700 (-0.5%) $306,651 (1.2%) 0.77 966
    2019-12-01 $229,450 (-1.8%) $302,064 (-0.2%) 0.77 937
    2020-01-01 $227,344 (-0.1%) $300,875 (2.1%) 0.76 862
    2020-02-01 $239,925 (1.9%) $317,160 (5.9%) 0.79 864
    2020-03-01 $260,372 (8.4%) $334,361 (9.7%) 0.82 808
    2020-04-01 $269,450 (10.7%) $333,321 (9.1%) 0.84 787
    2020-05-01 $279,000 (12.1%) $344,382 (9.4%) 0.85 771
    2020-06-01 $281,200 (14.8%) $353,522 (13.4%) 0.83 729
    2020-07-01 $279,472 (16.7%) $353,564 (13.3%) 0.81 665
    2020-08-01 $272,268 (13.6%) $351,797 (13.3%) 0.78 604
    2020-09-01 $274,950 (15.0%) $353,128 (15.1%) 0.79 594
    2020-10-01 $275,000 (15.9%) $355,429 (16.7%) 0.79 583
    2020-11-01 $279,800 (19.2%) $354,693 (15.7%) 0.82 571
    2020-12-01 $279,685 (21.9%) $360,706 (19.4%) 0.83 509
    2021-01-01 $275,900 (21.4%) $364,537 (21.2%) 0.82 459
    2021-02-01 $317,375 (32.3%) $412,383 (30.0%) 0.92 370
    2021-03-01 $334,875 (28.6%) $436,602 (30.6%) 0.95 330
    2021-04-01 $340,440 (26.4%) $440,938 (32.3%) 0.92 334
    2021-05-01 $325,250 (16.6%) $436,979 (26.9%) 0.86 305
    2021-06-01 $306,250 (8.9%) $406,486 (15.0%) 0.81 368
    2021-07-01 $299,700 (7.2%) $398,968 (12.8%) 0.79 402
    2021-08-01 $288,000 (5.8%) $396,877 (12.8%) 0.77 407
    2021-09-01 $288,450 (4.9%) $393,084 (11.3%) 0.77 405
    2021-10-01 $305,000 (10.9%) $402,139 (13.1%) 0.81 403
    2021-11-01 $313,500 (12.0%) $405,464 (14.3%) 0.84 383
    2021-12-01 $316,200 (13.1%) $410,301 (13.8%) 0.86 361
    2022-01-01 $315,200 (14.2%) $403,720 (10.8%) 0.85 316
    2022-02-01 $332,625 (4.8%) $426,390 (3.4%) 0.87 286
    2022-03-01 $336,000 (0.3%) $441,005 (1.0%) 0.84 251
    2022-04-01 $326,950 (-4.0%) $433,513 (-1.7%) 0.78 283
    2022-05-01 $322,000 (-1.0%) $407,502 (-6.8%) 0.74 342
    2022-06-01 $330,950 (8.1%) $394,456 (-3.0%) 0.74 407
    2022-07-01 $320,000 (6.8%) $382,496 (-4.1%) 0.72 481
    2022-08-01 $326,838 (13.5%) $381,309 (-3.9%) 0.76 507
    2022-09-01 $326,500 (13.2%) $383,139 (-2.5%) 0.76 501
    2022-10-01 $325,000 (6.6%) $374,577 (-6.9%) 0.76 526
    2022-11-01 $327,450 (4.5%) $377,437 (-6.9%) 0.79 562
    2022-12-01 $340,000 (7.5%) $379,130 (-7.6%) 0.84 550
    2023-01-01 $346,650 (10.0%) $386,446 (-4.3%) 0.86 541
    2023-02-01 $359,925 (8.2%) $394,745 (-7.4%) 0.87 554
    2023-03-01 $349,900 (4.1%) $393,769 (-10.7%) 0.83 566
    2023-04-01 $355,025 (8.6%) $404,331 (-6.7%) 0.83 592
    2023-05-01 $373,500 (16.0%) $421,912 (3.5%) 0.85 646
    2023-06-01 $375,396 (13.4%) $426,414 (8.1%) 0.84 698
    2023-07-01 $375,000 (17.2%) $424,902 (11.1%) 0.85 732
    2023-08-01 $368,870 (12.9%) $417,217 (9.4%) 0.85 735
    2023-09-01 $345,000 (5.7%) $422,409 (10.3%) 0.80 771
    2023-10-01 $335,500 (3.2%) $418,442 (11.7%) 0.79 808
    2023-11-01 $317,000 (-3.2%) $394,058 (4.4%) 0.75 882
    2023-12-01 $320,000 (-5.9%) $396,071 (4.5%) 0.78 891
    2024-01-01 $314,503 (-9.3%) $396,685 (2.7%) 0.77 872
    2024-02-01 $313,950 (-12.8%) $397,010 (0.6%) 0.76 876
    2024-03-01 $315,000 (-10.0%) $400,797 (1.8%) 0.74 882
    2024-04-01 $313,750 (-11.6%) $410,827 (1.6%) 0.73 882
    2024-05-01 $317,600 (-15.0%) $417,284 (-1.1%) 0.72 910
    2024-06-01 $315,000 (-16.1%) $417,349 (-2.1%) 0.71 971
    2024-07-01 $299,394 (-20.2%) $392,033 (-7.7%) 0.68 1,021
    2024-08-01 $299,000 (-18.9%) $382,087 (-8.4%) 0.70 1,023
    2024-09-01 $299,900 (-13.1%) $376,821 (-10.8%) 0.71 1,019
    2024-10-01 $293,875 (-12.4%) $373,967 (-10.6%) 0.69 1,045
    2024-11-01 $295,250 (-6.9%) $379,987 (-3.6%) 0.71 1,047
    2024-12-01 $298,250 (-6.8%) $381,274 (-3.7%) 0.74 1,033
    2025-01-01 $297,355 (-5.5%) $379,034 (-4.5%) 0.00 986
    Amarillo's median listing price for 2025-01-01 was $297,355, a difference of $-17,148 (-5.5%) versus the prior year and $-895 versus the prior month.

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

    Amarillo's average listing price for 2025-01-01 was $379,034, a difference of $-17,651 (-4.5%) versus the prior year and $-2,240 versus the prior month.

    For the 2025-01-01 period, Amarillo had 986 MLS listings, a difference of -47 listings (-5%) versus the prior month and 114 listings (13%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Amarillo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 70 days 2,067 sqft
    2018-02-01 48 days 2,085 sqft
    2018-03-01 48 days 2,094 sqft
    2018-04-01 53 days 2,123 sqft
    2018-05-01 51 days 2,137 sqft
    2018-06-01 47 days 2,147 sqft
    2018-07-01 52 days 2,140 sqft
    2018-08-01 53 days 2,137 sqft
    2018-09-01 57 days 2,132 sqft
    2018-10-01 59 days 2,121 sqft
    2018-11-01 61 days 2,119 sqft
    2018-12-01 71 days 2,115 sqft
    2019-01-01 68 days 2,106 sqft
    2019-02-01 45 days 2,106 sqft
    2019-03-01 51 days 2,113 sqft
    2019-04-01 58 days 2,122 sqft
    2019-05-01 60 days 2,136 sqft
    2019-06-01 60 days 2,122 sqft
    2019-07-01 59 days 2,114 sqft
    2019-08-01 59 days 2,118 sqft
    2019-09-01 60 days 2,104 sqft
    2019-10-01 63 days 2,090 sqft
    2019-11-01 68 days 2,059 sqft
    2019-12-01 74 days 2,030 sqft
    2020-01-01 71 days 2,033 sqft
    2020-02-01 56 days 2,054 sqft
    2020-03-01 53 days 2,147 sqft
    2020-04-01 54 days 2,179 sqft
    2020-05-01 56 days 2,220 sqft
    2020-06-01 50 days 2,258 sqft
    2020-07-01 52 days 2,240 sqft
    2020-08-01 51 days 2,225 sqft
    2020-09-01 44 days 2,226 sqft
    2020-10-01 45 days 2,212 sqft
    2020-11-01 43 days 2,216 sqft
    2020-12-01 54 days 2,211 sqft
    2021-01-01 63 days 2,197 sqft
    2021-02-01 40 days 2,393 sqft
    2021-03-01 37 days 2,485 sqft
    2021-04-01 30 days 2,520 sqft
    2021-05-01 32 days 2,487 sqft
    2021-06-01 24 days 2,217 sqft
    2021-07-01 31 days 2,204 sqft
    2021-08-01 34 days 2,162 sqft
    2021-09-01 38 days 2,097 sqft
    2021-10-01 41 days 2,142 sqft
    2021-11-01 44 days 2,160 sqft
    2021-12-01 47 days 2,132 sqft
    2022-01-01 46 days 2,125 sqft
    2022-02-01 33 days 2,221 sqft
    2022-03-01 31 days 2,234 sqft
    2022-04-01 22 days 2,164 sqft
    2022-05-01 22 days 2,138 sqft
    2022-06-01 27 days 2,143 sqft
    2022-07-01 31 days 2,103 sqft
    2022-08-01 37 days 2,129 sqft
    2022-09-01 40 days 2,136 sqft
    2022-10-01 45 days 2,148 sqft
    2022-11-01 44 days 2,156 sqft
    2022-12-01 51 days 2,160 sqft
    2023-01-01 54 days 2,147 sqft
    2023-02-01 41 days 2,165 sqft
    2023-03-01 45 days 2,120 sqft
    2023-04-01 44 days 2,145 sqft
    2023-05-01 42 days 2,190 sqft
    2023-06-01 42 days 2,204 sqft
    2023-07-01 45 days 2,197 sqft
    2023-08-01 48 days 2,167 sqft
    2023-09-01 47 days 2,118 sqft
    2023-10-01 50 days 2,101 sqft
    2023-11-01 52 days 2,059 sqft
    2023-12-01 57 days 2,053 sqft
    2024-01-01 62 days 2,036 sqft
    2024-02-01 47 days 2,033 sqft
    2024-03-01 48 days 2,040 sqft
    2024-04-01 52 days 2,011 sqft
    2024-05-01 46 days 2,064 sqft
    2024-06-01 50 days 2,053 sqft
    2024-07-01 52 days 1,984 sqft
    2024-08-01 53 days 1,972 sqft
    2024-09-01 56 days 1,953 sqft
    2024-10-01 58 days 1,960 sqft
    2024-11-01 64 days 1,977 sqft
    2024-12-01 72 days 1,999 sqft
    2025-01-01 0 days 1,989 sqft
    Amarillo's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Amarillo's median square footage for active listings during the 2025-01-01 period was 1,989 sqft. One year prior, the average listing was 2,036 sqft.