Brenham USDA Loan Rates, Closing Costs & Stats
Brenham, TX
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
5.68%
for the week of 2024-10-11, compared to the national average (all USDA variants) of
6.08% for the same period.
Brenham's average USDA mortgage closing costs are $5,970.
The average rate for the prior week (2024-10-04) was
5.87% and
one month ago for the week of 2024-09-06, the
average rate was 5.66%.
The average rate one year ago was 6.95%.
For refis of the same type during the week of 2024-10-11, the average rate
was 6.18%.
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. LouisDate | 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 |
2024-04-01 | $336,250 (4.1%) | $541,578 (30.4%) | 0.00 | 117 |
2024-05-01 | $353,875 (4.3%) | $641,825 (55.8%) | 0.00 | 125 |
2024-06-01 | $365,000 (8.2%) | $627,828 (43.3%) | 0.00 | 132 |
2024-07-01 | $356,750 (5.0%) | $649,483 (41.8%) | 0.00 | 149 |
2024-08-01 | $352,250 (3.9%) | $657,205 (46.5%) | 0.00 | 145 |
2024-09-01 | $349,975 (4.2%) | $679,704 (25.9%) | 0.00 | 137 |
Brenham's median listing price comes in at 0% of the national average.
Brenham's average listing price for 2024-09-01 was $679,704, a difference of $139,976 (25.9%) versus the prior year and $22,499 versus the prior month.
For the 2024-09-01 period, Brenham had 137 MLS listings, a difference of -8 listings (-6%) versus the prior month and 36 listings (36%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Brenham (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 |
2024-04-01 | 0 days | 1,730 sqft |
2024-05-01 | 0 days | 1,905 sqft |
2024-06-01 | 0 days | 1,957 sqft |
2024-07-01 | 0 days | 1,953 sqft |
2024-08-01 | 0 days | 1,845 sqft |
2024-09-01 | 0 days | 1,817 sqft |
Brenham's median square footage for active listings during the 2024-09-01 period was 1,817 sqft. One year prior, the average listing was 1,823 sqft.