Brenham USDA Loan Rates, Closing Costs & Stats

Brenham, 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.

    Brenham's 4 lenders originated 4 USDA loans during 2023. The total origination value was $920,000, with an average USDA loan value of $230,000.

    Brenham USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Brenham averaged 6.66% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Brenham's average USDA mortgage closing costs are $5,970.

    The average rate for the prior week (2024-04-12) was 6.51% and one month ago for the week of 2024-03-15, the average rate was 6.3%.

    The average rate one year ago was 5.94%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.86%.

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

    Brenham 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 Brenham level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    MOVEMENT MORTGAGE, LLC 1 6.00% $7,306
    NFM, INC. 1 8.50% $6,872
    SWBC MORTGAGE CORPORATION 1 6.25% $6,437
    Wallick & Volk, Inc. 1 6.13% $3,069

    The top Brenham USDA lender as defined by loan originations is MOVEMENT MORTGAGE, LLC, with 1 USDA loans originated. Their average total fees are $7,306, which is $434 higher than the next largest lender, NFM, INC..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Brenham (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 $267,425 (22.0%) $346,875 (29.7%) 0.00 92
    2018-02-01 $255,425 (8.8%) $367,602 (38.0%) 0.00 87
    2018-03-01 $254,500 (5.6%) $400,915 (49.7%) 0.00 92
    2018-04-01 $277,250 (18.0%) $403,590 (48.7%) 0.00 103
    2018-05-01 $286,300 (22.5%) $384,049 (38.1%) 0.00 108
    2018-06-01 $301,950 (29.1%) $380,669 (25.4%) 0.00 108
    2018-07-01 $295,950 (23.5%) $365,357 (17.4%) 0.00 94
    2018-08-01 $274,700 (15.4%) $362,672 (17.6%) 0.00 96
    2018-09-01 $297,950 (24.7%) $368,686 (14.0%) 0.00 81
    2018-10-01 $279,900 (16.8%) $355,030 (12.0%) 0.00 81
    2018-11-01 $289,475 (16.1%) $351,907 (14.2%) 0.00 74
    2018-12-01 $269,000 (6.1%) $336,260 (5.8%) 0.00 72
    2019-01-01 $270,000 (1.0%) $376,592 (8.6%) 0.00 68
    2019-02-01 $274,875 (7.6%) $404,852 (10.1%) 0.00 71
    2019-03-01 $261,621 (2.8%) $391,833 (-2.3%) 0.00 77
    2019-04-01 $254,246 (-8.3%) $380,860 (-5.6%) 0.00 87
    2019-05-01 $249,600 (-12.8%) $377,258 (-1.8%) 0.00 86
    2019-06-01 $250,000 (-17.2%) $359,512 (-5.6%) 0.00 88
    2019-07-01 $295,733 (-0.1%) $383,708 (5.0%) 0.00 93
    2019-08-01 $299,079 (8.9%) $392,169 (8.1%) 0.00 92
    2019-09-01 $292,847 (-1.7%) $381,257 (3.4%) 0.00 83
    2019-10-01 $288,225 (3.0%) $369,844 (4.2%) 0.00 78
    2019-11-01 $275,000 (-5.0%) $388,013 (10.3%) 0.00 79
    2019-12-01 $276,000 (2.6%) $405,553 (20.6%) 0.00 76
    2020-01-01 $282,250 (4.5%) $409,928 (8.9%) 0.00 74
    2020-02-01 $299,000 (8.8%) $428,031 (5.7%) 0.00 73
    2020-03-01 $327,000 (25.0%) $447,883 (14.3%) 0.00 84
    2020-04-01 $301,488 (18.6%) $432,150 (13.5%) 0.00 90
    2020-05-01 $298,475 (19.6%) $427,603 (13.4%) 0.00 95
    2020-06-01 $279,000 (11.6%) $424,509 (18.1%) 0.00 85
    2020-07-01 $306,250 (3.6%) $431,662 (12.5%) 0.00 78
    2020-08-01 $291,000 (-2.7%) $399,694 (1.9%) 0.00 68
    2020-09-01 $297,750 (1.7%) $409,770 (7.5%) 0.00 66
    2020-10-01 $299,500 (3.9%) $398,116 (7.6%) 0.00 63
    2020-11-01 $282,250 (2.6%) $342,367 (-11.8%) 0.00 58
    2020-12-01 $282,600 (2.4%) $350,567 (-13.6%) 0.00 55
    2021-01-01 $299,000 (5.9%) $353,932 (-13.7%) 0.00 46
    2021-02-01 $272,869 (-8.7%) $333,340 (-22.1%) 0.00 55
    2021-03-01 $272,675 (-16.6%) $372,612 (-16.8%) 0.00 53
    2021-04-01 $302,500 (0.3%) $412,416 (-4.6%) 0.00 36
    2021-05-01 $310,000 (3.9%) $434,887 (1.7%) 0.00 25
    2021-06-01 $313,750 (12.5%) $434,407 (2.3%) 0.00 29
    2021-07-01 $318,000 (3.8%) $436,064 (1.0%) 0.00 30
    2021-08-01 $370,500 (27.3%) $460,196 (15.1%) 0.00 40
    2021-09-01 $374,000 (25.6%) $478,753 (16.8%) 0.00 52
    2021-10-01 $375,000 (25.2%) $475,049 (19.3%) 0.00 57
    2021-11-01 $329,000 (16.6%) $441,651 (29.0%) 0.00 52
    2021-12-01 $354,575 (25.5%) $429,218 (22.4%) 0.00 55
    2022-01-01 $344,000 (15.1%) $439,421 (24.2%) 0.00 47
    2022-02-01 $316,615 (16.0%) $422,495 (26.8%) 0.00 44
    2022-03-01 $299,375 (9.8%) $415,998 (11.6%) 0.00 41
    2022-04-01 $299,000 (-1.2%) $395,711 (-4.1%) 0.00 35
    2022-05-01 $320,723 (3.5%) $442,278 (1.7%) 0.00 45
    2022-06-01 $322,500 (2.8%) $449,000 (3.4%) 0.00 65
    2022-07-01 $327,000 (2.8%) $445,896 (2.3%) 0.00 77
    2022-08-01 $321,000 (-13.4%) $443,975 (-3.5%) 0.00 83
    2022-09-01 $336,225 (-10.1%) $472,914 (-1.2%) 0.00 88
    2022-10-01 $325,000 (-13.3%) $467,286 (-1.6%) 0.00 97
    2022-11-01 $319,925 (-2.8%) $444,336 (0.6%) 0.00 95
    2022-12-01 $319,700 (-9.8%) $453,637 (5.7%) 0.00 86
    2023-01-01 $320,985 (-6.7%) $454,017 (3.3%) 0.00 67
    2023-02-01 $326,338 (3.1%) $439,598 (4.1%) 0.00 69
    2023-03-01 $320,725 (7.1%) $445,181 (7.0%) 0.00 66
    2023-04-01 $322,893 (8.0%) $415,392 (5.0%) 0.00 71
    2023-05-01 $339,450 (5.8%) $411,920 (-6.9%) 0.00 69
    2023-06-01 $337,500 (4.7%) $438,153 (-2.4%) 0.00 91
    2023-07-01 $339,900 (3.9%) $458,017 (2.7%) 0.00 97
    2023-08-01 $338,950 (5.6%) $448,718 (1.1%) 0.00 102
    2023-09-01 $336,000 (-0.1%) $539,728 (14.1%) 0.00 101
    2023-10-01 $346,975 (6.8%) $540,902 (15.8%) 0.00 99
    2023-11-01 $349,950 (9.4%) $604,430 (36.0%) 0.00 94
    2023-12-01 $350,000 (9.5%) $603,350 (33.0%) 0.00 93
    2024-01-01 $346,170 (7.9%) $595,216 (31.1%) 0.00 89
    2024-02-01 $364,975 (11.8%) $642,235 (46.1%) 0.00 89
    2024-03-01 $341,250 (6.4%) $575,993 (29.4%) 0.00 100
    Brenham's median listing price for 2024-03-01 was $341,250, a difference of $20,525 (6.4%) versus the prior year and $-23,725 versus the prior month.

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

    Brenham's average listing price for 2024-03-01 was $575,993, a difference of $130,812 (29.4%) versus the prior year and $-66,242 versus the prior month.

    For the 2024-03-01 period, Brenham had 100 MLS listings, a difference of 11 listings (12%) versus the prior month and 34 listings (52%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Brenham (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,268 sqft
    2018-02-01 0 days 2,268 sqft
    2018-03-01 0 days 2,241 sqft
    2018-04-01 0 days 2,372 sqft
    2018-05-01 0 days 2,303 sqft
    2018-06-01 0 days 2,397 sqft
    2018-07-01 0 days 2,308 sqft
    2018-08-01 0 days 2,162 sqft
    2018-09-01 0 days 2,144 sqft
    2018-10-01 0 days 2,194 sqft
    2018-11-01 0 days 2,286 sqft
    2018-12-01 0 days 2,149 sqft
    2019-01-01 0 days 2,131 sqft
    2019-02-01 0 days 2,105 sqft
    2019-03-01 0 days 2,056 sqft
    2019-04-01 0 days 1,985 sqft
    2019-05-01 0 days 1,939 sqft
    2019-06-01 0 days 1,951 sqft
    2019-07-01 0 days 2,082 sqft
    2019-08-01 0 days 2,091 sqft
    2019-09-01 0 days 2,091 sqft
    2019-10-01 0 days 2,091 sqft
    2019-11-01 0 days 1,935 sqft
    2019-12-01 0 days 1,941 sqft
    2020-01-01 0 days 1,949 sqft
    2020-02-01 0 days 2,072 sqft
    2020-03-01 0 days 2,100 sqft
    2020-04-01 0 days 2,089 sqft
    2020-05-01 0 days 2,094 sqft
    2020-06-01 0 days 2,097 sqft
    2020-07-01 0 days 2,103 sqft
    2020-08-01 0 days 2,073 sqft
    2020-09-01 0 days 2,093 sqft
    2020-10-01 0 days 2,101 sqft
    2020-11-01 0 days 2,041 sqft
    2020-12-01 0 days 1,889 sqft
    2021-01-01 0 days 1,850 sqft
    2021-02-01 0 days 1,865 sqft
    2021-03-01 0 days 1,857 sqft
    2021-04-01 0 days 1,808 sqft
    2021-05-01 0 days 1,863 sqft
    2021-06-01 0 days 1,836 sqft
    2021-07-01 0 days 1,706 sqft
    2021-08-01 0 days 1,951 sqft
    2021-09-01 0 days 2,050 sqft
    2021-10-01 0 days 1,888 sqft
    2021-11-01 0 days 1,879 sqft
    2021-12-01 0 days 1,828 sqft
    2022-01-01 0 days 1,816 sqft
    2022-02-01 0 days 1,817 sqft
    2022-03-01 0 days 1,816 sqft
    2022-04-01 0 days 1,632 sqft
    2022-05-01 0 days 1,770 sqft
    2022-06-01 0 days 1,829 sqft
    2022-07-01 0 days 1,817 sqft
    2022-08-01 0 days 1,783 sqft
    2022-09-01 0 days 1,824 sqft
    2022-10-01 0 days 1,857 sqft
    2022-11-01 0 days 1,825 sqft
    2022-12-01 0 days 1,916 sqft
    2023-01-01 0 days 1,925 sqft
    2023-02-01 0 days 1,892 sqft
    2023-03-01 0 days 1,849 sqft
    2023-04-01 0 days 1,845 sqft
    2023-05-01 0 days 1,809 sqft
    2023-06-01 0 days 1,697 sqft
    2023-07-01 0 days 1,754 sqft
    2023-08-01 0 days 1,754 sqft
    2023-09-01 0 days 1,823 sqft
    2023-10-01 0 days 1,789 sqft
    2023-11-01 0 days 1,780 sqft
    2023-12-01 0 days 1,902 sqft
    2024-01-01 0 days 1,929 sqft
    2024-02-01 0 days 1,997 sqft
    2024-03-01 0 days 1,955 sqft
    Brenham's median listing age (time on market) for 2024-03-01 was 0 days.

    Brenham's median square footage for active listings during the 2024-03-01 period was 1,955 sqft. One year prior, the average listing was 1,849 sqft.