Boulder USDA Loan Rates, Closing Costs & Stats

BOULDER, CO

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.

Boulder's 3 lenders originated 10 USDA loans during 2021. The total origination value was $5,310,000, with an average USDA loan value of $531,000.

Boulder USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Boulder averaged 6.32% for the week of 2023-01-27, compared to the national average (all USDA variants) of 6.195% for the same period.

Boulder's average USDA mortgage closing costs are $7,450.

The average rate for the prior week (2023-01-20) was 6.21% and one month ago for the week of 2022-12-23, the average rate was 6.34%.

The average rate one year ago was 3.79%.

For refis of the same type during the week of 2023-01-27, the average rate was 5.88%.

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

Boulder 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 Boulder level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
CALIBER HOME LOANS, INC. 1 3.25% $5,159
CROSSCOUNTRY MORTGAGE, LLC 1 2.88% $7,414
PLANET HOME LENDING, LLC 1 3.25% $7,147

The top Boulder USDA lender as defined by loan originations is CALIBER HOME LOANS, INC., with 1 USDA loans originated. Their average total fees are $5,159, which is $2,255 lower than the next largest lender, CROSSCOUNTRY MORTGAGE, LLC.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Boulder (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 $665,233 (-3.6%) $1,120,716 (-8.8%) 2.47 476
2018-02-01 $734,450 (4.9%) $1,224,549 (-3.0%) 2.67 476
2018-03-01 $770,425 (10.5%) $1,198,263 (-0.4%) 2.70 530
2018-04-01 $749,138 (7.1%) $1,181,812 (0.9%) 2.54 658
2018-05-01 $742,475 (6.3%) $1,156,739 (3.9%) 2.48 741
2018-06-01 $710,000 (3.6%) $1,073,770 (2.5%) 2.37 849
2018-07-01 $700,750 (5.4%) $1,055,352 (1.8%) 2.34 881
2018-08-01 $651,738 (1.0%) $997,000 (-1.1%) 2.18 936
2018-09-01 $634,990 (0.0%) $975,101 (-2.5%) 2.13 945
2018-10-01 $634,027 (-2.5%) $993,709 (-4.3%) 2.14 921
2018-11-01 $637,493 (-2.6%) $1,015,503 (-5.9%) 2.16 809
2018-12-01 $658,450 (-0.2%) $1,028,360 (-8.7%) 2.27 670
2019-01-01 $624,900 (-6.1%) $999,804 (-10.8%) 2.16 612
2019-02-01 $642,500 (-12.5%) $1,011,130 (-17.4%) 2.17 663
2019-03-01 $640,579 (-16.9%) $1,030,195 (-14.0%) 2.09 757
2019-04-01 $656,779 (-12.3%) $1,031,709 (-12.7%) 2.09 866
2019-05-01 $659,950 (-11.1%) $1,036,958 (-10.4%) 2.06 1,002
2019-06-01 $669,000 (-5.8%) $1,040,152 (-3.1%) 2.09 1,095
2019-07-01 $679,000 (-3.1%) $1,020,494 (-3.3%) 2.13 1,179
2019-08-01 $665,986 (2.2%) $1,004,949 (0.8%) 2.11 1,180
2019-09-01 $668,216 (5.2%) $1,009,787 (3.6%) 2.14 1,165
2019-10-01 $667,677 (5.3%) $1,013,012 (1.9%) 2.15 1,143
2019-11-01 $664,973 (4.3%) $1,026,276 (1.1%) 2.18 979
2019-12-01 $665,188 (1.0%) $1,064,927 (3.6%) 2.22 759
2020-01-01 $650,000 (4.0%) $1,057,246 (5.8%) 2.17 619
2020-02-01 $688,000 (7.1%) $1,104,272 (9.2%) 2.25 599
2020-03-01 $719,731 (12.4%) $1,105,535 (7.3%) 2.25 637
2020-04-01 $710,151 (8.1%) $1,057,901 (2.5%) 2.22 704
2020-05-01 $741,978 (12.4%) $1,062,155 (2.4%) 2.26 858
2020-06-01 $745,989 (11.5%) $1,076,959 (3.5%) 2.20 958
2020-07-01 $749,500 (10.4%) $1,088,666 (6.7%) 2.17 892
2020-08-01 $756,250 (13.6%) $1,121,437 (11.6%) 2.17 807
2020-09-01 $714,850 (7.0%) $1,109,238 (9.9%) 2.05 802
2020-10-01 $742,655 (11.2%) $1,170,165 (15.5%) 2.13 778
2020-11-01 $760,738 (14.4%) $1,217,638 (18.7%) 2.22 602
2020-12-01 $793,675 (19.3%) $1,295,022 (21.6%) 2.36 479
2021-01-01 $845,000 (30.0%) $1,351,743 (27.9%) 2.52 366
2021-02-01 $882,500 (28.3%) $1,342,045 (21.5%) 2.57 312
2021-03-01 $837,250 (16.3%) $1,357,821 (22.8%) 2.38 291
2021-04-01 $802,250 (13.0%) $1,363,779 (28.9%) 2.17 330
2021-05-01 $799,900 (7.8%) $1,343,322 (26.5%) 2.12 334
2021-06-01 $802,450 (7.6%) $1,293,190 (20.1%) 2.11 437
2021-07-01 $785,000 (4.7%) $1,256,250 (15.4%) 2.07 449
2021-08-01 $758,500 (0.3%) $1,196,158 (6.7%) 2.02 477
2021-09-01 $750,000 (4.9%) $1,153,094 (4.0%) 2.00 468
2021-10-01 $795,000 (7.1%) $1,212,272 (3.6%) 2.12 399
2021-11-01 $804,250 (5.7%) $1,329,024 (9.2%) 2.15 303
2021-12-01 $803,475 (1.2%) $1,341,052 (3.6%) 2.18 419
2022-01-01 $820,000 (-3.0%) $1,518,972 (12.4%) 2.22 154
2022-02-01 $862,933 (-2.2%) $1,619,355 (20.7%) 2.24 172
2022-03-01 $822,000 (-1.8%) $1,465,633 (7.9%) 2.06 214
2022-04-01 $866,950 (8.1%) $1,481,788 (8.7%) 2.07 260
2022-05-01 $870,000 (8.8%) $1,419,510 (5.7%) 1.99 476
2022-06-01 $885,000 (10.3%) $1,412,885 (9.3%) 1.97 639
2022-07-01 $859,000 (9.4%) $1,353,728 (7.8%) 1.94 764
2022-08-01 $827,000 (9.0%) $1,310,792 (9.6%) 1.91 815
2022-09-01 $834,500 (11.3%) $1,340,325 (16.2%) 1.95 798
2022-10-01 $822,450 (3.5%) $1,350,567 (11.4%) 1.94 804
2022-11-01 $833,750 (3.7%) $1,402,883 (5.6%) 2.01 697
2022-12-01 $835,000 (3.9%) $1,423,188 (6.1%) 2.09 508
Boulder's median listing price for 2022-12-01 was $835,000, a difference of $31,525 (3.9%) versus the prior year and $1,250 versus the prior month.

Boulder's median listing price comes in at 209% of the national average.

Boulder's average listing price for 2022-12-01 was $1,423,188, a difference of $82,136 (6.1%) versus the prior year and $20,305 versus the prior month.

For the 2022-12-01 period, Boulder had 508 MLS listings, a difference of -189 listings (-27%) versus the prior month and 89 listings (21%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Boulder (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 64 days 3,008 sqft
2018-02-01 41 days 3,136 sqft
2018-03-01 37 days 3,096 sqft
2018-04-01 31 days 3,072 sqft
2018-05-01 32 days 2,975 sqft
2018-06-01 33 days 2,936 sqft
2018-07-01 38 days 2,747 sqft
2018-08-01 45 days 2,586 sqft
2018-09-01 49 days 2,584 sqft
2018-10-01 48 days 2,618 sqft
2018-11-01 54 days 2,592 sqft
2018-12-01 71 days 2,587 sqft
2019-01-01 73 days 2,463 sqft
2019-02-01 42 days 2,425 sqft
2019-03-01 38 days 2,569 sqft
2019-04-01 35 days 2,678 sqft
2019-05-01 32 days 2,675 sqft
2019-06-01 38 days 2,635 sqft
2019-07-01 41 days 2,601 sqft
2019-08-01 45 days 2,552 sqft
2019-09-01 49 days 2,549 sqft
2019-10-01 52 days 2,532 sqft
2019-11-01 58 days 2,527 sqft
2019-12-01 81 days 2,584 sqft
2020-01-01 81 days 2,544 sqft
2020-02-01 43 days 2,559 sqft
2020-03-01 44 days 2,570 sqft
2020-04-01 45 days 2,496 sqft
2020-05-01 44 days 2,517 sqft
2020-06-01 40 days 2,496 sqft
2020-07-01 47 days 2,449 sqft
2020-08-01 50 days 2,381 sqft
2020-09-01 45 days 2,297 sqft
2020-10-01 45 days 2,296 sqft
2020-11-01 64 days 2,315 sqft
2020-12-01 80 days 2,325 sqft
2021-01-01 97 days 2,206 sqft
2021-02-01 89 days 2,266 sqft
2021-03-01 50 days 2,258 sqft
2021-04-01 37 days 2,222 sqft
2021-05-01 35 days 2,300 sqft
2021-06-01 20 days 2,355 sqft
2021-07-01 32 days 2,354 sqft
2021-08-01 31 days 2,295 sqft
2021-09-01 31 days 2,277 sqft
2021-10-01 36 days 2,228 sqft
2021-11-01 38 days 2,355 sqft
2021-12-01 47 days 2,288 sqft
2022-01-01 36 days 2,447 sqft
2022-02-01 20 days 2,471 sqft
2022-03-01 18 days 2,366 sqft
2022-04-01 16 days 2,481 sqft
2022-05-01 16 days 2,519 sqft
2022-06-01 22 days 2,539 sqft
2022-07-01 30 days 2,500 sqft
2022-08-01 36 days 2,360 sqft
2022-09-01 42 days 2,398 sqft
2022-10-01 43 days 2,424 sqft
2022-11-01 51 days 2,480 sqft
2022-12-01 70 days 2,435 sqft
Boulder's median listing age (time on market) for 2022-12-01 was 70 days. This is 51% longer than the same period one year ago.

Boulder's median square footage for active listings during the 2022-12-01 period was 2,435 sqft. One year prior, the average listing was 2,288 sqft.