Cape Coral USDA Loan Rates, Closing Costs & Stats

CAPE CORAL-FORT MYERS, FL

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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.

    Cape Coral USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Cape Coral averaged 6.37% for the week of 2025-05-23, compared to the national average (all USDA variants) of 6.433% for the same period.

    Cape Coral's average USDA mortgage closing costs are $6,308.

    The average rate for the prior week (2025-05-16) was 6.41% and one month ago for the week of 2025-04-18, the average rate was 6.69%.

    The average rate one year ago was 6.96%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.68%.

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

    Cape Coral 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 Cape Coral level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Cape Coral (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 $299,900 (-3.2%) $480,792 (0.2%) 1.11 9,099
    2018-02-01 $299,900 (-3.1%) $485,831 (1.7%) 1.09 9,580
    2018-03-01 $299,900 (-0.9%) $483,522 (1.8%) 1.05 9,690
    2018-04-01 $299,900 (0.0%) $483,637 (1.5%) 1.02 9,400
    2018-05-01 $299,000 (-0.3%) $480,406 (1.2%) 1.00 9,063
    2018-06-01 $294,751 (-1.7%) $475,315 (0.4%) 0.98 8,528
    2018-07-01 $295,000 (-1.6%) $469,544 (0.2%) 0.99 8,138
    2018-08-01 $289,700 (-3.1%) $461,943 (-1.3%) 0.97 7,931
    2018-09-01 $289,000 (-3.0%) $458,725 (-1.6%) 0.97 8,005
    2018-10-01 $290,000 (-2.8%) $463,489 (0.0%) 0.98 8,504
    2018-11-01 $298,450 (-0.4%) $471,540 (0.3%) 1.01 9,148
    2018-12-01 $294,900 (-1.7%) $471,086 (-1.3%) 1.02 9,833
    2019-01-01 $294,450 (-1.8%) $477,671 (-0.7%) 1.02 10,451
    2019-02-01 $298,400 (-0.5%) $478,081 (-1.6%) 1.01 11,071
    2019-03-01 $298,786 (-0.4%) $480,512 (-0.6%) 0.98 10,786
    2019-04-01 $298,425 (-0.5%) $478,591 (-1.0%) 0.95 10,326
    2019-05-01 $295,000 (-1.3%) $476,003 (-0.9%) 0.92 9,623
    2019-06-01 $292,950 (-0.6%) $473,337 (-0.4%) 0.92 8,833
    2019-07-01 $291,585 (-1.2%) $468,196 (-0.3%) 0.91 8,282
    2019-08-01 $294,636 (1.7%) $466,120 (0.9%) 0.93 7,971
    2019-09-01 $297,091 (2.8%) $465,189 (1.4%) 0.95 7,820
    2019-10-01 $299,000 (3.1%) $466,844 (0.7%) 0.96 7,751
    2019-11-01 $299,900 (0.5%) $483,943 (2.6%) 0.98 8,004
    2019-12-01 $302,497 (2.6%) $496,296 (5.4%) 1.01 8,041
    2020-01-01 $307,000 (4.3%) $505,884 (5.9%) 1.03 8,217
    2020-02-01 $317,000 (6.2%) $518,311 (8.4%) 1.04 8,200
    2020-03-01 $319,999 (7.1%) $521,190 (8.5%) 1.00 7,983
    2020-04-01 $314,500 (5.4%) $506,433 (5.8%) 0.99 7,800
    2020-05-01 $319,500 (8.3%) $514,308 (8.1%) 0.97 7,198
    2020-06-01 $324,950 (10.9%) $531,570 (12.3%) 0.96 6,494
    2020-07-01 $325,000 (11.5%) $547,863 (17.0%) 0.94 5,909
    2020-08-01 $325,000 (10.3%) $552,123 (18.5%) 0.93 5,443
    2020-09-01 $323,333 (8.8%) $559,350 (20.2%) 0.93 5,092
    2020-10-01 $325,000 (8.7%) $564,844 (21.0%) 0.93 4,852
    2020-11-01 $324,900 (8.3%) $573,363 (18.5%) 0.95 4,591
    2020-12-01 $324,019 (7.1%) $578,807 (16.6%) 0.96 4,350
    2021-01-01 $319,900 (4.2%) $588,738 (16.4%) 0.95 3,805
    2021-02-01 $321,575 (1.4%) $605,880 (16.9%) 0.94 2,920
    2021-03-01 $334,950 (4.7%) $632,782 (21.4%) 0.95 2,134
    2021-04-01 $349,450 (11.1%) $642,310 (26.8%) 0.95 1,923
    2021-05-01 $364,000 (13.9%) $666,089 (29.5%) 0.97 1,659
    2021-06-01 $370,725 (14.1%) $675,109 (27.0%) 0.98 1,802
    2021-07-01 $375,000 (15.4%) $654,029 (19.4%) 0.99 1,878
    2021-08-01 $394,850 (21.5%) $677,849 (22.8%) 1.05 1,951
    2021-09-01 $399,000 (23.4%) $681,026 (21.8%) 1.06 1,976
    2021-10-01 $424,900 (30.7%) $705,031 (24.8%) 1.13 1,928
    2021-11-01 $429,500 (32.2%) $736,847 (28.5%) 1.15 1,854
    2021-12-01 $437,000 (34.9%) $729,702 (26.1%) 1.18 1,821
    2022-01-01 $430,000 (34.4%) $741,904 (26.0%) 1.16 1,636
    2022-02-01 $468,125 (45.6%) $788,049 (30.1%) 1.22 1,533
    2022-03-01 $488,500 (45.8%) $786,956 (24.4%) 1.22 1,681
    2022-04-01 $495,000 (41.7%) $788,055 (22.7%) 1.18 1,973
    2022-05-01 $499,000 (37.1%) $781,253 (17.3%) 1.14 2,526
    2022-06-01 $499,450 (34.7%) $769,489 (14.0%) 1.11 3,219
    2022-07-01 $485,250 (29.4%) $747,171 (14.2%) 1.09 3,921
    2022-08-01 $475,000 (20.3%) $720,319 (6.3%) 1.10 4,197
    2022-09-01 $465,000 (16.5%) $712,403 (4.6%) 1.09 4,229
    2022-10-01 $459,900 (8.2%) $699,324 (-0.8%) 1.08 3,848
    2022-11-01 $459,950 (7.1%) $711,070 (-3.5%) 1.11 3,957
    2022-12-01 $465,000 (6.4%) $717,457 (-1.7%) 1.15 4,237
    2023-01-01 $471,950 (9.8%) $719,320 (-3.0%) 1.17 4,527
    2023-02-01 $479,940 (2.5%) $737,174 (-6.5%) 1.16 4,743
    2023-03-01 $498,750 (2.1%) $750,526 (-4.6%) 1.18 5,112
    2023-04-01 $499,000 (0.8%) $750,086 (-4.8%) 1.16 5,503
    2023-05-01 $494,500 (-0.9%) $748,639 (-4.2%) 1.12 5,626
    2023-06-01 $486,750 (-2.5%) $736,037 (-4.4%) 1.09 5,816
    2023-07-01 $480,000 (-1.1%) $725,142 (-3.0%) 1.09 5,924
    2023-08-01 $479,000 (0.8%) $716,311 (-0.6%) 1.10 5,938
    2023-09-01 $470,000 (1.1%) $698,509 (-2.0%) 1.09 6,357
    2023-10-01 $472,450 (2.7%) $699,892 (0.1%) 1.11 7,160
    2023-11-01 $474,950 (3.3%) $707,121 (-0.6%) 1.13 7,943
    2023-12-01 $475,415 (2.2%) $724,719 (1.0%) 1.16 8,449
    2024-01-01 $480,950 (1.9%) $739,029 (2.7%) 1.17 9,175
    2024-02-01 $477,000 (-0.6%) $740,783 (0.5%) 1.15 9,886
    2024-03-01 $474,100 (-4.9%) $746,315 (-0.6%) 1.12 10,287
    2024-04-01 $469,450 (-5.9%) $742,893 (-1.0%) 1.09 10,314
    2024-05-01 $460,900 (-6.8%) $739,477 (-1.2%) 1.05 10,109
    2024-06-01 $453,000 (-6.9%) $730,640 (-0.7%) 1.03 9,880
    2024-07-01 $449,450 (-6.4%) $713,340 (-1.6%) 1.03 9,548
    2024-08-01 $440,000 (-8.1%) $696,456 (-2.8%) 1.02 9,255
    2024-09-01 $430,000 (-8.5%) $679,702 (-2.7%) 1.01 9,384
    2024-10-01 $429,900 (-9.0%) $665,219 (-5.0%) 1.01 9,583
    2024-11-01 $430,000 (-9.5%) $662,031 (-6.4%) 1.03 10,957
    2024-12-01 $436,203 (-8.3%) $682,020 (-5.9%) 1.08 11,639
    2025-01-01 $439,900 (-8.5%) $691,407 (-6.4%) 1.10 12,756
    2025-02-01 $439,950 (-7.8%) $694,176 (-6.3%) 1.07 14,105
    2025-03-01 $439,900 (-7.2%) $692,373 (-7.2%) 1.04 14,615
    2025-04-01 $435,000 (-7.3%) $694,689 (-6.5%) 1.01 14,580
    Cape Coral's median listing price for 2025-04-01 was $435,000, a difference of $-34,450 (-7.3%) versus the prior year and $-4,900 versus the prior month.

    Cape Coral's median listing price comes in at 101% of the national average.

    Cape Coral's average listing price for 2025-04-01 was $694,689, a difference of $-48,204 (-6.5%) versus the prior year and $2,316 versus the prior month.

    For the 2025-04-01 period, Cape Coral had 14,580 MLS listings, a difference of -35 listings (0%) versus the prior month and 4,266 listings (41%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Cape Coral (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 67 days 1,785 sqft
    2018-02-01 65 days 1,788 sqft
    2018-03-01 62 days 1,789 sqft
    2018-04-01 72 days 1,795 sqft
    2018-05-01 75 days 1,787 sqft
    2018-06-01 81 days 1,784 sqft
    2018-07-01 85 days 1,785 sqft
    2018-08-01 86 days 1,775 sqft
    2018-09-01 85 days 1,772 sqft
    2018-10-01 77 days 1,769 sqft
    2018-11-01 71 days 1,767 sqft
    2018-12-01 72 days 1,755 sqft
    2019-01-01 74 days 1,756 sqft
    2019-02-01 74 days 1,759 sqft
    2019-03-01 76 days 1,761 sqft
    2019-04-01 79 days 1,757 sqft
    2019-05-01 85 days 1,753 sqft
    2019-06-01 88 days 1,755 sqft
    2019-07-01 92 days 1,756 sqft
    2019-08-01 87 days 1,755 sqft
    2019-09-01 83 days 1,755 sqft
    2019-10-01 77 days 1,757 sqft
    2019-11-01 68 days 1,763 sqft
    2019-12-01 72 days 1,777 sqft
    2020-01-01 75 days 1,779 sqft
    2020-02-01 72 days 1,788 sqft
    2020-03-01 67 days 1,794 sqft
    2020-04-01 76 days 1,773 sqft
    2020-05-01 86 days 1,796 sqft
    2020-06-01 95 days 1,788 sqft
    2020-07-01 90 days 1,774 sqft
    2020-08-01 77 days 1,759 sqft
    2020-09-01 74 days 1,752 sqft
    2020-10-01 65 days 1,756 sqft
    2020-11-01 61 days 1,739 sqft
    2020-12-01 64 days 1,734 sqft
    2021-01-01 62 days 1,722 sqft
    2021-02-01 51 days 1,694 sqft
    2021-03-01 47 days 1,696 sqft
    2021-04-01 40 days 1,706 sqft
    2021-05-01 39 days 1,722 sqft
    2021-06-01 37 days 1,745 sqft
    2021-07-01 40 days 1,747 sqft
    2021-08-01 46 days 1,765 sqft
    2021-09-01 49 days 1,768 sqft
    2021-10-01 47 days 1,784 sqft
    2021-11-01 46 days 1,779 sqft
    2021-12-01 49 days 1,761 sqft
    2022-01-01 49 days 1,755 sqft
    2022-02-01 33 days 1,765 sqft
    2022-03-01 29 days 1,761 sqft
    2022-04-01 30 days 1,770 sqft
    2022-05-01 31 days 1,756 sqft
    2022-06-01 35 days 1,758 sqft
    2022-07-01 40 days 1,757 sqft
    2022-08-01 47 days 1,753 sqft
    2022-09-01 54 days 1,757 sqft
    2022-10-01 67 days 1,770 sqft
    2022-11-01 73 days 1,766 sqft
    2022-12-01 63 days 1,741 sqft
    2023-01-01 59 days 1,732 sqft
    2023-02-01 50 days 1,727 sqft
    2023-03-01 45 days 1,737 sqft
    2023-04-01 47 days 1,735 sqft
    2023-05-01 54 days 1,734 sqft
    2023-06-01 58 days 1,722 sqft
    2023-07-01 65 days 1,725 sqft
    2023-08-01 66 days 1,732 sqft
    2023-09-01 66 days 1,729 sqft
    2023-10-01 61 days 1,736 sqft
    2023-11-01 60 days 1,742 sqft
    2023-12-01 66 days 1,737 sqft
    2024-01-01 72 days 1,750 sqft
    2024-02-01 67 days 1,748 sqft
    2024-03-01 64 days 1,744 sqft
    2024-04-01 72 days 1,733 sqft
    2024-05-01 73 days 1,726 sqft
    2024-06-01 79 days 1,719 sqft
    2024-07-01 86 days 1,718 sqft
    2024-08-01 88 days 1,712 sqft
    2024-09-01 83 days 1,697 sqft
    2024-10-01 85 days 1,692 sqft
    2024-11-01 79 days 1,695 sqft
    2024-12-01 73 days 1,695 sqft
    2025-01-01 71 days 1,700 sqft
    2025-02-01 72 days 1,702 sqft
    2025-03-01 72 days 1,702 sqft
    2025-04-01 81 days 1,702 sqft
    Cape Coral's median listing age (time on market) for 2025-04-01 was 81 days. This is 13% longer than the same period one year ago.

    Cape Coral's median square footage for active listings during the 2025-04-01 period was 1,702 sqft. One year prior, the average listing was 1,733 sqft.