Cañon City USDA Loan Rates, Closing Costs & Stats
Cañon City, 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.
Cañon City's 5 lenders originated 7 USDA loans during 2024. The total origination value was $1,905,000, with an average USDA loan value of $272,143.
Cañon City USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Cañon City
averaged
6.38%
for the week of 2025-04-04, compared to the national average (all USDA variants) of
6.324% for the same period.
Cañon City's average USDA mortgage closing costs are $5,900.
The average rate for the prior week (2025-03-28) was
6.44% and
one month ago for the week of 2025-02-28, the
average rate was 6.59%.
The average rate one year ago was 6.55%.
For refis of the same type during the week of 2025-04-04, the average rate
was 5.88%.
Cañon City 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 Cañon City level.
Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
---|---|---|---|
THE MORTGAGE COMPANY | 3 | 6.75% | $8,006 |
FIRST MORTGAGE COMPANY, INC. | 1 | 5.75% | $8,983 |
MID AMERICA MORTGAGE, INC. | 1 | 6.88% | $10,409 |
Northpointe Bank | 1 | 6.63% | $7,037 |
TOWNE MORTGAGE COMPANY | 1 | 5.63% | $12,986 |
The top Cañon City USDA lender as defined by loan originations is THE MORTGAGE COMPANY, with
3 USDA loans originated. Their average total fees are
$8,006, which is $977
lower than the next largest lender,
FIRST MORTGAGE COMPANY, INC..
The lowest fee Cañon City USDA lenders (with over 10 loans originated) are
.
The lowest rate Cañon City USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Cañon City (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 | $279,975 (13.8%) | $388,350 (11.5%) | 0.00 | 168 |
2018-02-01 | $291,250 (20.1%) | $399,052 (14.0%) | 0.00 | 163 |
2018-03-01 | $302,500 (5.6%) | $369,987 (0.7%) | 0.00 | 163 |
2018-04-01 | $324,190 (11.8%) | $389,474 (0.7%) | 0.00 | 178 |
2018-05-01 | $320,979 (-0.5%) | $422,219 (6.4%) | 0.00 | 203 |
2018-06-01 | $328,257 (9.6%) | $428,161 (12.5%) | 0.00 | 229 |
2018-07-01 | $317,500 (8.7%) | $421,987 (14.9%) | 0.00 | 229 |
2018-08-01 | $313,700 (6.4%) | $410,276 (9.6%) | 0.00 | 239 |
2018-09-01 | $300,000 (4.0%) | $399,491 (5.4%) | 0.00 | 251 |
2018-10-01 | $299,863 (-6.6%) | $389,498 (-3.1%) | 0.00 | 263 |
2018-11-01 | $314,150 (7.7%) | $396,164 (2.2%) | 0.00 | 244 |
2018-12-01 | $299,900 (9.0%) | $399,824 (4.9%) | 0.00 | 216 |
2019-01-01 | $299,900 (7.1%) | $401,195 (3.3%) | 0.00 | 204 |
2019-02-01 | $311,575 (7.0%) | $405,333 (1.6%) | 0.00 | 187 |
2019-03-01 | $326,400 (7.9%) | $418,127 (13.0%) | 0.00 | 195 |
2019-04-01 | $329,000 (1.5%) | $430,669 (10.6%) | 0.00 | 205 |
2019-05-01 | $321,990 (0.3%) | $412,634 (-2.3%) | 0.00 | 216 |
2019-06-01 | $325,925 (-0.7%) | $421,043 (-1.7%) | 0.00 | 235 |
2019-07-01 | $325,463 (2.5%) | $423,108 (0.3%) | 0.00 | 253 |
2019-08-01 | $322,259 (2.7%) | $422,832 (3.1%) | 0.00 | 255 |
2019-09-01 | $318,148 (6.1%) | $416,653 (4.3%) | 0.00 | 256 |
2019-10-01 | $315,432 (5.2%) | $412,765 (6.0%) | 0.00 | 257 |
2019-11-01 | $312,000 (-0.7%) | $405,411 (2.3%) | 0.00 | 234 |
2019-12-01 | $298,700 (-0.4%) | $402,320 (0.6%) | 0.00 | 232 |
2020-01-01 | $285,000 (-5.0%) | $403,671 (0.6%) | 0.00 | 218 |
2020-02-01 | $310,000 (-0.5%) | $426,383 (5.2%) | 0.00 | 200 |
2020-03-01 | $325,000 (-0.4%) | $447,176 (7.0%) | 0.00 | 202 |
2020-04-01 | $328,450 (-0.2%) | $449,283 (4.3%) | 0.00 | 192 |
2020-05-01 | $350,950 (9.0%) | $448,460 (8.7%) | 0.00 | 190 |
2020-06-01 | $350,000 (7.4%) | $459,290 (9.1%) | 0.00 | 193 |
2020-07-01 | $358,000 (10.0%) | $462,989 (9.4%) | 0.00 | 181 |
2020-08-01 | $356,500 (10.6%) | $483,476 (14.3%) | 0.00 | 172 |
2020-09-01 | $345,125 (8.5%) | $470,786 (13.0%) | 0.00 | 158 |
2020-10-01 | $354,000 (12.2%) | $468,134 (13.4%) | 0.00 | 139 |
2020-11-01 | $359,925 (15.4%) | $474,472 (17.0%) | 0.00 | 123 |
2020-12-01 | $349,365 (17.0%) | $453,356 (12.7%) | 0.00 | 123 |
2021-01-01 | $349,758 (22.7%) | $446,043 (10.5%) | 0.00 | 100 |
2021-02-01 | $329,400 (6.3%) | $429,230 (0.7%) | 0.00 | 87 |
2021-03-01 | $364,250 (12.1%) | $441,684 (-1.2%) | 0.00 | 74 |
2021-04-01 | $385,794 (17.5%) | $466,430 (3.8%) | 0.00 | 70 |
2021-05-01 | $428,500 (22.1%) | $533,418 (18.9%) | 0.00 | 67 |
2021-06-01 | $408,250 (16.6%) | $584,357 (27.2%) | 0.00 | 91 |
2021-07-01 | $410,000 (14.5%) | $604,915 (30.7%) | 0.00 | 100 |
2021-08-01 | $399,750 (12.1%) | $575,440 (19.0%) | 0.00 | 118 |
2021-09-01 | $393,817 (14.1%) | $521,250 (10.7%) | 0.00 | 151 |
2021-10-01 | $359,000 (1.4%) | $486,815 (4.0%) | 0.00 | 144 |
2021-11-01 | $371,200 (3.1%) | $544,493 (14.8%) | 0.00 | 125 |
2021-12-01 | $381,225 (9.1%) | $614,033 (35.4%) | 0.00 | 106 |
2022-01-01 | $400,000 (14.4%) | $686,219 (53.9%) | 0.00 | 98 |
2022-02-01 | $415,000 (26.0%) | $730,167 (70.1%) | 0.00 | 85 |
2022-03-01 | $442,999 (21.6%) | $754,172 (70.8%) | 0.00 | 77 |
2022-04-01 | $437,500 (13.4%) | $703,478 (50.8%) | 0.00 | 99 |
2022-05-01 | $431,975 (0.8%) | $642,517 (20.5%) | 0.00 | 136 |
2022-06-01 | $416,750 (2.1%) | $595,475 (1.9%) | 0.00 | 161 |
2022-07-01 | $399,950 (-2.5%) | $575,843 (-4.8%) | 0.00 | 206 |
2022-08-01 | $420,000 (5.1%) | $593,506 (3.1%) | 0.00 | 225 |
2022-09-01 | $397,625 (1.0%) | $583,409 (11.9%) | 0.00 | 237 |
2022-10-01 | $375,000 (4.5%) | $563,617 (15.8%) | 0.00 | 238 |
2022-11-01 | $371,450 (0.1%) | $513,841 (-5.6%) | 0.00 | 226 |
2022-12-01 | $369,000 (-3.2%) | $502,094 (-18.2%) | 0.00 | 205 |
2023-01-01 | $364,125 (-9.0%) | $501,468 (-26.9%) | 0.00 | 179 |
2023-02-01 | $363,938 (-12.3%) | $524,111 (-28.2%) | 0.00 | 149 |
2023-03-01 | $394,500 (-11.0%) | $537,509 (-28.7%) | 0.00 | 147 |
2023-04-01 | $437,900 (0.1%) | $566,451 (-19.5%) | 0.00 | 149 |
2023-05-01 | $455,000 (5.3%) | $610,856 (-4.9%) | 0.00 | 140 |
2023-06-01 | $463,700 (11.3%) | $624,827 (4.9%) | 0.00 | 153 |
2023-07-01 | $475,000 (18.8%) | $631,032 (9.6%) | 0.00 | 171 |
2023-08-01 | $475,000 (13.1%) | $606,734 (2.2%) | 0.00 | 180 |
2023-09-01 | $457,000 (14.9%) | $602,382 (3.3%) | 0.00 | 197 |
2023-10-01 | $429,250 (14.5%) | $559,827 (-0.7%) | 0.00 | 205 |
2023-11-01 | $422,475 (13.7%) | $547,328 (6.5%) | 0.00 | 212 |
2023-12-01 | $425,000 (15.2%) | $534,015 (6.4%) | 0.00 | 190 |
2024-01-01 | $425,000 (16.7%) | $521,478 (4.0%) | 0.00 | 178 |
2024-02-01 | $422,000 (16.0%) | $535,309 (2.1%) | 0.00 | 164 |
2024-03-01 | $437,500 (10.9%) | $522,672 (-2.8%) | 0.00 | 153 |
2024-04-01 | $452,500 (3.3%) | $514,243 (-9.2%) | 0.00 | 172 |
2024-05-01 | $455,000 (0.0%) | $534,715 (-12.5%) | 0.00 | 200 |
2024-06-01 | $450,000 (-3.0%) | $560,771 (-10.3%) | 0.00 | 223 |
2024-07-01 | $459,000 (-3.4%) | $579,962 (-8.1%) | 0.00 | 236 |
2024-08-01 | $459,900 (-3.2%) | $590,465 (-2.7%) | 0.00 | 253 |
2024-09-01 | $454,975 (-0.4%) | $586,060 (-2.7%) | 0.00 | 269 |
2024-10-01 | $450,000 (4.8%) | $572,999 (2.4%) | 0.00 | 288 |
2024-11-01 | $450,000 (6.5%) | $566,469 (3.5%) | 0.00 | 284 |
2024-12-01 | $442,450 (4.1%) | $590,718 (10.6%) | 0.00 | 261 |
2025-01-01 | $431,000 (1.4%) | $582,756 (11.8%) | 0.00 | 264 |
2025-02-01 | $417,500 (-1.1%) | $583,179 (8.9%) | 0.00 | 264 |
2025-03-01 | $450,000 (2.9%) | $610,897 (16.9%) | 0.00 | 272 |
Cañon City's median listing price comes in at 0% of the national average.
Cañon City's average listing price for 2025-03-01 was $610,897, a difference of $88,225 (16.9%) versus the prior year and $27,718 versus the prior month.
For the 2025-03-01 period, Cañon City had 272 MLS listings, a difference of 8 listings (3%) versus the prior month and 119 listings (78%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Cañon City (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,075 sqft |
2018-02-01 | 0 days | 2,117 sqft |
2018-03-01 | 0 days | 2,208 sqft |
2018-04-01 | 0 days | 2,342 sqft |
2018-05-01 | 0 days | 2,191 sqft |
2018-06-01 | 0 days | 2,179 sqft |
2018-07-01 | 0 days | 2,140 sqft |
2018-08-01 | 0 days | 2,082 sqft |
2018-09-01 | 0 days | 1,937 sqft |
2018-10-01 | 0 days | 1,993 sqft |
2018-11-01 | 0 days | 1,942 sqft |
2018-12-01 | 0 days | 1,885 sqft |
2019-01-01 | 0 days | 1,843 sqft |
2019-02-01 | 0 days | 2,002 sqft |
2019-03-01 | 0 days | 2,055 sqft |
2019-04-01 | 0 days | 2,054 sqft |
2019-05-01 | 0 days | 1,948 sqft |
2019-06-01 | 0 days | 2,044 sqft |
2019-07-01 | 0 days | 2,074 sqft |
2019-08-01 | 0 days | 2,087 sqft |
2019-09-01 | 0 days | 1,984 sqft |
2019-10-01 | 0 days | 1,904 sqft |
2019-11-01 | 0 days | 1,849 sqft |
2019-12-01 | 0 days | 1,833 sqft |
2020-01-01 | 0 days | 1,772 sqft |
2020-02-01 | 0 days | 1,782 sqft |
2020-03-01 | 0 days | 1,850 sqft |
2020-04-01 | 0 days | 1,938 sqft |
2020-05-01 | 0 days | 2,000 sqft |
2020-06-01 | 0 days | 2,016 sqft |
2020-07-01 | 0 days | 2,089 sqft |
2020-08-01 | 0 days | 2,016 sqft |
2020-09-01 | 0 days | 1,883 sqft |
2020-10-01 | 0 days | 1,824 sqft |
2020-11-01 | 0 days | 2,031 sqft |
2020-12-01 | 0 days | 1,834 sqft |
2021-01-01 | 0 days | 1,712 sqft |
2021-02-01 | 0 days | 1,634 sqft |
2021-03-01 | 0 days | 1,751 sqft |
2021-04-01 | 0 days | 1,598 sqft |
2021-05-01 | 0 days | 1,920 sqft |
2021-06-01 | 0 days | 2,003 sqft |
2021-07-01 | 0 days | 1,969 sqft |
2021-08-01 | 0 days | 1,890 sqft |
2021-09-01 | 0 days | 1,856 sqft |
2021-10-01 | 0 days | 1,826 sqft |
2021-11-01 | 0 days | 1,802 sqft |
2021-12-01 | 0 days | 1,781 sqft |
2022-01-01 | 0 days | 1,863 sqft |
2022-02-01 | 0 days | 1,881 sqft |
2022-03-01 | 0 days | 1,865 sqft |
2022-04-01 | 0 days | 1,870 sqft |
2022-05-01 | 0 days | 1,806 sqft |
2022-06-01 | 0 days | 1,703 sqft |
2022-07-01 | 0 days | 1,693 sqft |
2022-08-01 | 0 days | 1,700 sqft |
2022-09-01 | 0 days | 1,691 sqft |
2022-10-01 | 0 days | 1,659 sqft |
2022-11-01 | 0 days | 1,636 sqft |
2022-12-01 | 0 days | 1,683 sqft |
2023-01-01 | 0 days | 1,644 sqft |
2023-02-01 | 0 days | 1,723 sqft |
2023-03-01 | 0 days | 1,890 sqft |
2023-04-01 | 0 days | 1,981 sqft |
2023-05-01 | 0 days | 2,048 sqft |
2023-06-01 | 0 days | 1,887 sqft |
2023-07-01 | 0 days | 2,085 sqft |
2023-08-01 | 0 days | 2,117 sqft |
2023-09-01 | 0 days | 2,000 sqft |
2023-10-01 | 0 days | 1,858 sqft |
2023-11-01 | 0 days | 1,794 sqft |
2023-12-01 | 0 days | 1,852 sqft |
2024-01-01 | 0 days | 1,783 sqft |
2024-02-01 | 0 days | 1,781 sqft |
2024-03-01 | 0 days | 1,756 sqft |
2024-04-01 | 0 days | 1,845 sqft |
2024-05-01 | 0 days | 1,861 sqft |
2024-06-01 | 0 days | 1,800 sqft |
2024-07-01 | 0 days | 1,795 sqft |
2024-08-01 | 0 days | 1,908 sqft |
2024-09-01 | 0 days | 1,878 sqft |
2024-10-01 | 0 days | 1,853 sqft |
2024-11-01 | 0 days | 1,892 sqft |
2024-12-01 | 0 days | 1,848 sqft |
2025-01-01 | 0 days | 1,755 sqft |
2025-02-01 | 0 days | 1,739 sqft |
2025-03-01 | 0 days | 1,807 sqft |
Cañon City's median square footage for active listings during the 2025-03-01 period was 1,807 sqft. One year prior, the average listing was 1,756 sqft.