Brownwood USDA Loan Rates, Closing Costs & Stats
Brownwood, 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.
Brownwood's 5 lenders originated 27 USDA loans during 2023. The total origination value was $4,495,000, with an average USDA loan value of $166,481.
Brownwood USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Brownwood
averaged
6.41%
for the week of 2024-12-13, compared to the national average (all USDA variants) of
6.303% for the same period.
Brownwood's average USDA mortgage closing costs are $6,010.
The average rate for the prior week (2024-12-06) was
6.45% and
one month ago for the week of 2024-11-08, the
average rate was 6.77%.
The average rate one year ago was 7.13%.
For refis of the same type during the week of 2024-12-13, the average rate
was 6.5%.
Brownwood 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 Brownwood level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| PRIMELENDING, A PLAINSCAPITAL COMPANY | 12 | 6.24% | $7,667 |
| OPEN MORTGAGE, LLC | 9 | 6.21% | $7,419 |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | 1 | 7.75% | $7,367 |
| CROSSCOUNTRY MORTGAGE, LLC | 1 | 7.63% | $8,330 |
| First National Bank | 1 | 6.25% | $5,655 |
The top Brownwood USDA lender as defined by loan originations is PRIMELENDING, A PLAINSCAPITAL COMPANY, with
12 USDA loans originated. Their average total fees are
$7,667, which is $249
higher than the next largest lender,
OPEN MORTGAGE, LLC.
The lowest fee Brownwood USDA lenders (with over 10 loans originated) are
PRIMELENDING, A PLAINSCAPITAL COMPANY ($7,667), .
The lowest rate Brownwood USDA lenders (with over 10 loans originated) are
PRIMELENDING, A PLAINSCAPITAL COMPANY (6.24%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Brownwood (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 | $132,500 (-7.5%) | $196,104 (-6.4%) | 0.00 | 193 |
| 2018-02-01 | $132,375 (-4.4%) | $192,212 (-14.8%) | 0.00 | 186 |
| 2018-03-01 | $135,000 (-5.9%) | $201,315 (-11.3%) | 0.00 | 186 |
| 2018-04-01 | $154,225 (6.4%) | $211,910 (-6.8%) | 0.00 | 196 |
| 2018-05-01 | $160,725 (7.2%) | $233,399 (2.5%) | 0.00 | 197 |
| 2018-06-01 | $159,900 (8.3%) | $224,853 (-0.9%) | 0.00 | 201 |
| 2018-07-01 | $161,750 (8.7%) | $227,687 (2.3%) | 0.00 | 190 |
| 2018-08-01 | $159,900 (8.5%) | $221,910 (4.1%) | 0.00 | 193 |
| 2018-09-01 | $159,900 (0.0%) | $214,905 (-4.5%) | 0.00 | 194 |
| 2018-10-01 | $145,000 (-1.3%) | $206,295 (-4.8%) | 0.00 | 177 |
| 2018-11-01 | $146,425 (6.1%) | $203,299 (-4.3%) | 0.00 | 182 |
| 2018-12-01 | $139,900 (2.5%) | $195,411 (0.3%) | 0.00 | 190 |
| 2019-01-01 | $136,325 (2.9%) | $185,974 (-5.2%) | 0.00 | 184 |
| 2019-02-01 | $134,988 (2.0%) | $182,625 (-5.0%) | 0.00 | 183 |
| 2019-03-01 | $141,257 (4.6%) | $193,096 (-4.1%) | 0.00 | 181 |
| 2019-04-01 | $148,645 (-3.6%) | $211,379 (-0.3%) | 0.00 | 178 |
| 2019-05-01 | $136,125 (-15.3%) | $210,820 (-9.7%) | 0.00 | 185 |
| 2019-06-01 | $139,000 (-13.1%) | $207,506 (-7.7%) | 0.00 | 188 |
| 2019-07-01 | $136,150 (-15.8%) | $208,212 (-8.6%) | 0.00 | 187 |
| 2019-08-01 | $147,727 (-7.6%) | $218,668 (-1.5%) | 0.00 | 178 |
| 2019-09-01 | $151,818 (-5.1%) | $230,697 (7.4%) | 0.00 | 170 |
| 2019-10-01 | $161,000 (11.0%) | $248,837 (20.6%) | 0.00 | 154 |
| 2019-11-01 | $164,950 (12.7%) | $260,337 (28.1%) | 0.00 | 143 |
| 2019-12-01 | $164,300 (17.4%) | $256,477 (31.3%) | 0.00 | 138 |
| 2020-01-01 | $151,800 (11.4%) | $254,944 (37.1%) | 0.00 | 125 |
| 2020-02-01 | $140,000 (3.7%) | $256,305 (40.3%) | 0.00 | 120 |
| 2020-03-01 | $147,450 (4.4%) | $244,870 (26.8%) | 0.00 | 123 |
| 2020-04-01 | $145,750 (-2.0%) | $232,931 (10.2%) | 0.00 | 138 |
| 2020-05-01 | $148,500 (9.1%) | $230,340 (9.3%) | 0.00 | 136 |
| 2020-06-01 | $159,225 (14.6%) | $245,297 (18.2%) | 0.00 | 123 |
| 2020-07-01 | $149,450 (9.8%) | $245,346 (17.8%) | 0.00 | 122 |
| 2020-08-01 | $153,450 (3.9%) | $277,824 (27.1%) | 0.00 | 105 |
| 2020-09-01 | $151,000 (-0.5%) | $291,257 (26.3%) | 0.00 | 104 |
| 2020-10-01 | $149,450 (-7.2%) | $310,375 (24.7%) | 0.00 | 103 |
| 2020-11-01 | $149,425 (-9.4%) | $296,523 (13.9%) | 0.00 | 103 |
| 2020-12-01 | $157,500 (-4.1%) | $299,608 (16.8%) | 0.00 | 93 |
| 2021-01-01 | $149,250 (-1.7%) | $293,197 (15.0%) | 0.00 | 78 |
| 2021-02-01 | $224,500 (60.4%) | $350,594 (36.8%) | 0.00 | 67 |
| 2021-03-01 | $210,500 (42.8%) | $350,692 (43.2%) | 0.00 | 57 |
| 2021-04-01 | $219,125 (50.3%) | $384,847 (65.2%) | 0.00 | 59 |
| 2021-05-01 | $227,000 (52.9%) | $400,806 (74.0%) | 0.00 | 63 |
| 2021-06-01 | $225,625 (41.7%) | $369,499 (50.6%) | 0.00 | 74 |
| 2021-07-01 | $227,000 (51.9%) | $340,488 (38.8%) | 0.00 | 86 |
| 2021-08-01 | $242,900 (58.3%) | $324,705 (16.9%) | 0.00 | 72 |
| 2021-09-01 | $233,625 (54.7%) | $367,993 (26.4%) | 0.00 | 64 |
| 2021-10-01 | $250,000 (67.3%) | $367,923 (18.5%) | 0.00 | 73 |
| 2021-11-01 | $222,975 (49.2%) | $322,816 (8.9%) | 0.00 | 76 |
| 2021-12-01 | $193,000 (22.5%) | $293,663 (-2.0%) | 0.00 | 75 |
| 2022-01-01 | $184,750 (23.8%) | $291,923 (-0.4%) | 0.00 | 65 |
| 2022-02-01 | $172,575 (-23.1%) | $267,711 (-23.6%) | 0.00 | 60 |
| 2022-03-01 | $199,250 (-5.3%) | $254,093 (-27.6%) | 0.00 | 52 |
| 2022-04-01 | $190,000 (-13.3%) | $258,002 (-33.0%) | 0.00 | 47 |
| 2022-05-01 | $196,888 (-13.3%) | $272,516 (-32.0%) | 0.00 | 51 |
| 2022-06-01 | $223,725 (-0.8%) | $330,629 (-10.5%) | 0.00 | 74 |
| 2022-07-01 | $264,900 (16.7%) | $360,268 (5.8%) | 0.00 | 88 |
| 2022-08-01 | $288,000 (18.6%) | $363,013 (11.8%) | 0.00 | 105 |
| 2022-09-01 | $312,450 (33.7%) | $373,692 (1.6%) | 0.00 | 95 |
| 2022-10-01 | $300,000 (20.0%) | $396,730 (7.8%) | 0.00 | 104 |
| 2022-11-01 | $280,000 (25.6%) | $375,919 (16.5%) | 0.00 | 118 |
| 2022-12-01 | $281,450 (45.8%) | $374,461 (27.5%) | 0.00 | 118 |
| 2023-01-01 | $292,625 (58.4%) | $359,653 (23.2%) | 0.00 | 117 |
| 2023-02-01 | $255,249 (47.9%) | $348,129 (30.0%) | 0.00 | 119 |
| 2023-03-01 | $269,499 (35.3%) | $338,274 (33.1%) | 0.00 | 121 |
| 2023-04-01 | $265,000 (39.5%) | $322,338 (24.9%) | 0.00 | 122 |
| 2023-05-01 | $269,025 (36.6%) | $347,072 (27.4%) | 0.00 | 127 |
| 2023-06-01 | $256,000 (14.4%) | $359,335 (8.7%) | 0.00 | 137 |
| 2023-07-01 | $249,450 (-5.8%) | $341,643 (-5.2%) | 0.00 | 153 |
| 2023-08-01 | $239,500 (-16.8%) | $357,392 (-1.6%) | 0.00 | 142 |
| 2023-09-01 | $259,000 (-17.1%) | $354,754 (-5.1%) | 0.00 | 143 |
| 2023-10-01 | $249,765 (-16.7%) | $357,864 (-9.8%) | 0.00 | 147 |
| 2023-11-01 | $260,000 (-7.1%) | $366,994 (-2.4%) | 0.00 | 148 |
| 2023-12-01 | $250,000 (-11.2%) | $344,823 (-7.9%) | 0.00 | 141 |
| 2024-01-01 | $249,950 (-14.6%) | $365,263 (1.6%) | 0.00 | 137 |
| 2024-02-01 | $249,900 (-2.1%) | $345,392 (-0.8%) | 0.00 | 153 |
| 2024-03-01 | $249,950 (-7.3%) | $363,341 (7.4%) | 0.00 | 156 |
| 2024-04-01 | $242,200 (-8.6%) | $353,798 (9.8%) | 0.00 | 174 |
| 2024-05-01 | $265,350 (-1.4%) | $365,037 (5.2%) | 0.00 | 185 |
| 2024-06-01 | $275,000 (7.4%) | $364,645 (1.5%) | 0.00 | 185 |
| 2024-07-01 | $254,725 (2.1%) | $356,674 (4.4%) | 0.00 | 191 |
| 2024-08-01 | $249,950 (4.4%) | $374,047 (4.7%) | 0.00 | 171 |
| 2024-09-01 | $275,100 (6.2%) | $399,579 (12.6%) | 0.00 | 171 |
| 2024-10-01 | $259,800 (4.0%) | $397,851 (11.2%) | 0.00 | 165 |
| 2024-11-01 | $249,000 (-4.2%) | $403,143 (9.9%) | 0.00 | 166 |
Brownwood's median listing price comes in at 0% of the national average.
Brownwood's average listing price for 2024-11-01 was $403,143, a difference of $36,149 (9.9%) versus the prior year and $5,292 versus the prior month.
For the 2024-11-01 period, Brownwood had 166 MLS listings, a difference of 1 listings (1%) versus the prior month and 18 listings (12%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Brownwood (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,595 sqft |
| 2018-02-01 | 0 days | 1,608 sqft |
| 2018-03-01 | 0 days | 1,669 sqft |
| 2018-04-01 | 0 days | 1,718 sqft |
| 2018-05-01 | 0 days | 1,717 sqft |
| 2018-06-01 | 0 days | 1,754 sqft |
| 2018-07-01 | 0 days | 1,801 sqft |
| 2018-08-01 | 0 days | 1,797 sqft |
| 2018-09-01 | 0 days | 1,755 sqft |
| 2018-10-01 | 0 days | 1,671 sqft |
| 2018-11-01 | 0 days | 1,686 sqft |
| 2018-12-01 | 0 days | 1,680 sqft |
| 2019-01-01 | 0 days | 1,627 sqft |
| 2019-02-01 | 0 days | 1,650 sqft |
| 2019-03-01 | 0 days | 1,595 sqft |
| 2019-04-01 | 0 days | 1,618 sqft |
| 2019-05-01 | 0 days | 1,527 sqft |
| 2019-06-01 | 0 days | 1,540 sqft |
| 2019-07-01 | 0 days | 1,575 sqft |
| 2019-08-01 | 0 days | 1,598 sqft |
| 2019-09-01 | 0 days | 1,603 sqft |
| 2019-10-01 | 0 days | 1,628 sqft |
| 2019-11-01 | 0 days | 1,689 sqft |
| 2019-12-01 | 0 days | 1,671 sqft |
| 2020-01-01 | 0 days | 1,589 sqft |
| 2020-02-01 | 0 days | 1,525 sqft |
| 2020-03-01 | 0 days | 1,595 sqft |
| 2020-04-01 | 0 days | 1,556 sqft |
| 2020-05-01 | 0 days | 1,620 sqft |
| 2020-06-01 | 0 days | 1,666 sqft |
| 2020-07-01 | 0 days | 1,631 sqft |
| 2020-08-01 | 0 days | 1,623 sqft |
| 2020-09-01 | 0 days | 1,621 sqft |
| 2020-10-01 | 0 days | 1,648 sqft |
| 2020-11-01 | 0 days | 1,649 sqft |
| 2020-12-01 | 0 days | 1,727 sqft |
| 2021-01-01 | 0 days | 1,626 sqft |
| 2021-02-01 | 0 days | 1,703 sqft |
| 2021-03-01 | 0 days | 1,652 sqft |
| 2021-04-01 | 0 days | 1,664 sqft |
| 2021-05-01 | 0 days | 1,861 sqft |
| 2021-06-01 | 0 days | 1,747 sqft |
| 2021-07-01 | 0 days | 1,766 sqft |
| 2021-08-01 | 0 days | 1,755 sqft |
| 2021-09-01 | 0 days | 1,732 sqft |
| 2021-10-01 | 0 days | 1,744 sqft |
| 2021-11-01 | 0 days | 1,811 sqft |
| 2021-12-01 | 0 days | 1,693 sqft |
| 2022-01-01 | 0 days | 1,607 sqft |
| 2022-02-01 | 0 days | 1,521 sqft |
| 2022-03-01 | 0 days | 1,617 sqft |
| 2022-04-01 | 0 days | 1,568 sqft |
| 2022-05-01 | 0 days | 1,629 sqft |
| 2022-06-01 | 0 days | 1,715 sqft |
| 2022-07-01 | 0 days | 1,776 sqft |
| 2022-08-01 | 0 days | 1,804 sqft |
| 2022-09-01 | 0 days | 1,923 sqft |
| 2022-10-01 | 0 days | 1,908 sqft |
| 2022-11-01 | 0 days | 1,881 sqft |
| 2022-12-01 | 0 days | 1,860 sqft |
| 2023-01-01 | 0 days | 1,818 sqft |
| 2023-02-01 | 0 days | 1,773 sqft |
| 2023-03-01 | 0 days | 1,783 sqft |
| 2023-04-01 | 0 days | 1,740 sqft |
| 2023-05-01 | 0 days | 1,792 sqft |
| 2023-06-01 | 0 days | 1,793 sqft |
| 2023-07-01 | 0 days | 1,792 sqft |
| 2023-08-01 | 0 days | 1,761 sqft |
| 2023-09-01 | 0 days | 1,750 sqft |
| 2023-10-01 | 0 days | 1,665 sqft |
| 2023-11-01 | 0 days | 1,690 sqft |
| 2023-12-01 | 0 days | 1,709 sqft |
| 2024-01-01 | 0 days | 1,724 sqft |
| 2024-02-01 | 0 days | 1,693 sqft |
| 2024-03-01 | 0 days | 1,712 sqft |
| 2024-04-01 | 0 days | 1,710 sqft |
| 2024-05-01 | 0 days | 1,710 sqft |
| 2024-06-01 | 0 days | 1,738 sqft |
| 2024-07-01 | 0 days | 1,720 sqft |
| 2024-08-01 | 0 days | 1,709 sqft |
| 2024-09-01 | 0 days | 1,744 sqft |
| 2024-10-01 | 0 days | 1,728 sqft |
| 2024-11-01 | 0 days | 1,724 sqft |
Brownwood's median square footage for active listings during the 2024-11-01 period was 1,724 sqft. One year prior, the average listing was 1,690 sqft.