Cedar City USDA Loan Rates, Closing Costs & Stats

Cedar City, UT

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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.

    Cedar City's 10 lenders originated 23 USDA loans during 2023. The total origination value was $7,295,000, with an average USDA loan value of $317,174.

    Cedar City USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Cedar City averaged 6.34% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Cedar City's average USDA mortgage closing costs are $6,369.

    The average rate for the prior week (2025-02-07) was 6.5% and one month ago for the week of 2025-01-10, the average rate was 6.35%.

    The average rate one year ago was 6.64%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.75%.

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

    Cedar 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 Cedar City level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    AMERICAN FINANCIAL NETWORK, INC. 12 5.61% $12,216
    INTERCAP LENDING INC. 2 6.06% $12,335
    UNITED WHOLESALE MORTGAGE, LLC 2 5.38% $10,870
    GUILD MORTGAGE COMPANY 1 5.63% $23,360
    MOUNTAIN AMERICA 1 6.49% $12,494
    State Bank of Southern Utah 1 6.75% $2,146
    ACADEMY MORTGAGE CORPORATION 1 5.50% $19,232
    VILLAGE CAPITAL MORTGAGE 1 6.25% $5,834
    AXIA FINANCIAL, LLC 1 6.25% $12,456
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 5.63% $20,460

    The top Cedar City USDA lender as defined by loan originations is AMERICAN FINANCIAL NETWORK, INC., with 12 USDA loans originated. Their average total fees are $12,216, which is $120 lower than the next largest lender, INTERCAP LENDING INC..

    The lowest fee Cedar City USDA lenders (with over 10 loans originated) are AMERICAN FINANCIAL NETWORK, INC. ($12,216), .

    The lowest rate Cedar City USDA lenders (with over 10 loans originated) are AMERICAN FINANCIAL NETWORK, INC. (5.61%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Cedar City (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 $257,675 (17.2%) $313,487 (2.5%) 0.00 422
    2018-02-01 $256,350 (16.3%) $310,480 (-1.0%) 0.00 444
    2018-03-01 $249,900 (11.8%) $304,144 (0.3%) 0.00 449
    2018-04-01 $253,150 (10.1%) $314,585 (3.9%) 0.00 472
    2018-05-01 $254,925 (8.5%) $314,965 (3.0%) 0.00 492
    2018-06-01 $265,000 (12.7%) $326,910 (5.3%) 0.00 510
    2018-07-01 $261,528 (13.7%) $328,142 (8.4%) 0.00 540
    2018-08-01 $255,400 (8.6%) $329,951 (7.5%) 0.00 514
    2018-09-01 $263,900 (10.2%) $338,731 (8.8%) 0.00 494
    2018-10-01 $249,950 (1.4%) $326,220 (5.1%) 0.00 482
    2018-11-01 $252,500 (1.0%) $314,711 (3.6%) 0.00 460
    2018-12-01 $249,900 (0.0%) $306,059 (1.9%) 0.00 437
    2019-01-01 $255,686 (-0.8%) $313,952 (0.2%) 0.00 413
    2019-02-01 $259,450 (1.2%) $320,792 (3.3%) 0.00 407
    2019-03-01 $257,043 (2.9%) $316,006 (3.9%) 0.00 420
    2019-04-01 $259,900 (2.7%) $313,865 (-0.2%) 0.00 428
    2019-05-01 $264,950 (3.9%) $315,886 (0.3%) 0.00 427
    2019-06-01 $250,000 (-5.7%) $314,951 (-3.7%) 0.00 484
    2019-07-01 $257,975 (-1.4%) $319,027 (-2.8%) 0.00 491
    2019-08-01 $259,600 (1.6%) $320,805 (-2.8%) 0.00 475
    2019-09-01 $259,825 (-1.5%) $323,137 (-4.6%) 0.00 450
    2019-10-01 $263,950 (5.6%) $324,692 (-0.5%) 0.00 435
    2019-11-01 $268,900 (6.5%) $323,026 (2.6%) 0.00 421
    2019-12-01 $267,500 (7.0%) $324,673 (6.1%) 0.00 419
    2020-01-01 $269,000 (5.2%) $334,734 (6.6%) 0.00 405
    2020-02-01 $275,000 (6.0%) $340,510 (6.2%) 0.00 353
    2020-03-01 $289,450 (12.6%) $339,407 (7.4%) 0.00 363
    2020-04-01 $289,925 (11.6%) $337,676 (7.6%) 0.00 395
    2020-05-01 $289,900 (9.4%) $332,529 (5.3%) 0.00 396
    2020-06-01 $289,821 (15.9%) $329,579 (4.6%) 0.00 384
    2020-07-01 $299,250 (16.0%) $336,580 (5.5%) 0.00 317
    2020-08-01 $339,000 (30.6%) $416,736 (29.9%) 0.00 245
    2020-09-01 $342,450 (31.8%) $459,331 (42.2%) 0.00 188
    2020-10-01 $339,000 (28.4%) $470,116 (44.8%) 0.00 163
    2020-11-01 $329,225 (22.4%) $485,046 (50.2%) 0.00 156
    2020-12-01 $346,250 (29.4%) $486,574 (49.9%) 0.00 145
    2021-01-01 $347,000 (29.0%) $509,930 (52.3%) 0.00 129
    2021-02-01 $349,950 (27.3%) $530,863 (55.9%) 0.00 113
    2021-03-01 $359,900 (24.3%) $530,969 (56.4%) 0.00 117
    2021-04-01 $371,725 (28.2%) $528,486 (56.5%) 0.00 116
    2021-05-01 $399,900 (37.9%) $515,393 (55.0%) 0.00 117
    2021-06-01 $417,450 (44.0%) $545,215 (65.4%) 0.00 138
    2021-07-01 $405,900 (35.6%) $542,178 (61.1%) 0.00 187
    2021-08-01 $412,475 (21.7%) $556,207 (33.5%) 0.00 180
    2021-09-01 $409,725 (19.7%) $543,610 (18.4%) 0.00 197
    2021-10-01 $419,900 (23.9%) $549,857 (17.0%) 0.00 177
    2021-11-01 $420,750 (27.8%) $569,434 (17.4%) 0.00 152
    2021-12-01 $427,725 (23.5%) $552,931 (13.6%) 0.00 144
    2022-01-01 $435,000 (25.4%) $543,805 (6.6%) 0.00 129
    2022-02-01 $478,500 (36.7%) $566,653 (6.7%) 0.00 141
    2022-03-01 $450,000 (25.0%) $561,831 (5.8%) 0.00 135
    2022-04-01 $484,450 (30.3%) $577,227 (9.2%) 0.00 188
    2022-05-01 $457,450 (14.4%) $560,199 (8.7%) 0.00 255
    2022-06-01 $445,750 (6.8%) $561,489 (3.0%) 0.00 349
    2022-07-01 $444,800 (9.6%) $552,420 (1.9%) 0.00 413
    2022-08-01 $440,000 (6.7%) $549,585 (-1.2%) 0.00 432
    2022-09-01 $457,500 (11.7%) $554,580 (2.0%) 0.00 410
    2022-10-01 $450,000 (7.2%) $546,920 (-0.5%) 0.00 385
    2022-11-01 $439,325 (4.4%) $534,770 (-6.1%) 0.00 376
    2022-12-01 $445,000 (4.0%) $539,229 (-2.5%) 0.00 353
    2023-01-01 $435,000 (0.0%) $520,187 (-4.3%) 0.00 308
    2023-02-01 $433,675 (-9.4%) $521,626 (-8.0%) 0.00 311
    2023-03-01 $429,900 (-4.5%) $518,616 (-7.7%) 0.00 300
    2023-04-01 $429,900 (-11.3%) $532,367 (-7.8%) 0.00 311
    2023-05-01 $431,225 (-5.7%) $543,608 (-3.0%) 0.00 333
    2023-06-01 $436,000 (-2.2%) $545,691 (-2.8%) 0.00 354
    2023-07-01 $437,500 (-1.6%) $525,751 (-4.8%) 0.00 380
    2023-08-01 $433,500 (-1.5%) $536,854 (-2.3%) 0.00 371
    2023-09-01 $440,000 (-3.8%) $547,287 (-1.3%) 0.00 357
    2023-10-01 $449,925 (0.0%) $547,783 (0.2%) 0.00 354
    2023-11-01 $449,200 (2.3%) $548,284 (2.5%) 0.00 346
    2023-12-01 $445,950 (0.2%) $537,557 (-0.3%) 0.00 321
    2024-01-01 $432,000 (-0.7%) $492,773 (-5.3%) 0.00 307
    2024-02-01 $419,500 (-3.3%) $487,932 (-6.5%) 0.00 316
    2024-03-01 $429,700 (-0.1%) $501,772 (-3.3%) 0.00 339
    2024-04-01 $429,925 (0.0%) $488,791 (-8.2%) 0.00 350
    2024-05-01 $429,450 (-0.4%) $508,542 (-6.5%) 0.00 376
    2024-06-01 $437,000 (0.2%) $534,373 (-2.1%) 0.00 402
    2024-07-01 $429,975 (-1.7%) $526,682 (0.2%) 0.00 433
    2024-08-01 $425,000 (-2.0%) $511,812 (-4.7%) 0.00 447
    2024-09-01 $429,950 (-2.3%) $507,551 (-7.3%) 0.00 462
    2024-10-01 $429,500 (-4.5%) $510,507 (-6.8%) 0.00 464
    2024-11-01 $430,000 (-4.3%) $523,150 (-4.6%) 0.00 444
    2024-12-01 $425,000 (-4.7%) $514,915 (-4.2%) 0.00 414
    2025-01-01 $425,000 (-1.6%) $507,511 (3.0%) 0.00 405
    Cedar City's median listing price for 2025-01-01 was $425,000, a difference of $-7,000 (-1.6%) versus the prior year and $0 versus the prior month.

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

    Cedar City's average listing price for 2025-01-01 was $507,511, a difference of $14,738 (3.0%) versus the prior year and $-7,404 versus the prior month.

    For the 2025-01-01 period, Cedar City had 405 MLS listings, a difference of -9 listings (-2%) versus the prior month and 98 listings (32%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Cedar City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,089 sqft
    2018-02-01 0 days 2,110 sqft
    2018-03-01 0 days 2,080 sqft
    2018-04-01 0 days 2,104 sqft
    2018-05-01 0 days 2,083 sqft
    2018-06-01 0 days 2,208 sqft
    2018-07-01 0 days 2,106 sqft
    2018-08-01 0 days 2,078 sqft
    2018-09-01 0 days 2,145 sqft
    2018-10-01 0 days 2,077 sqft
    2018-11-01 0 days 2,086 sqft
    2018-12-01 0 days 2,016 sqft
    2019-01-01 0 days 2,084 sqft
    2019-02-01 0 days 2,033 sqft
    2019-03-01 0 days 1,958 sqft
    2019-04-01 0 days 1,951 sqft
    2019-05-01 0 days 1,909 sqft
    2019-06-01 0 days 1,892 sqft
    2019-07-01 0 days 1,868 sqft
    2019-08-01 0 days 1,889 sqft
    2019-09-01 0 days 1,877 sqft
    2019-10-01 0 days 1,897 sqft
    2019-11-01 0 days 1,944 sqft
    2019-12-01 0 days 1,882 sqft
    2020-01-01 0 days 1,898 sqft
    2020-02-01 0 days 1,899 sqft
    2020-03-01 0 days 1,901 sqft
    2020-04-01 0 days 1,912 sqft
    2020-05-01 0 days 1,855 sqft
    2020-06-01 0 days 1,852 sqft
    2020-07-01 0 days 1,959 sqft
    2020-08-01 0 days 2,258 sqft
    2020-09-01 0 days 2,276 sqft
    2020-10-01 0 days 2,210 sqft
    2020-11-01 0 days 2,092 sqft
    2020-12-01 0 days 2,078 sqft
    2021-01-01 0 days 1,899 sqft
    2021-02-01 0 days 1,939 sqft
    2021-03-01 0 days 2,030 sqft
    2021-04-01 0 days 2,017 sqft
    2021-05-01 0 days 1,983 sqft
    2021-06-01 0 days 2,308 sqft
    2021-07-01 0 days 2,118 sqft
    2021-08-01 0 days 1,923 sqft
    2021-09-01 0 days 1,957 sqft
    2021-10-01 0 days 1,808 sqft
    2021-11-01 0 days 1,809 sqft
    2021-12-01 0 days 1,827 sqft
    2022-01-01 0 days 1,843 sqft
    2022-02-01 0 days 1,904 sqft
    2022-03-01 0 days 1,909 sqft
    2022-04-01 0 days 1,927 sqft
    2022-05-01 0 days 1,815 sqft
    2022-06-01 0 days 1,831 sqft
    2022-07-01 0 days 1,824 sqft
    2022-08-01 0 days 1,878 sqft
    2022-09-01 0 days 1,984 sqft
    2022-10-01 0 days 1,950 sqft
    2022-11-01 0 days 1,919 sqft
    2022-12-01 0 days 1,880 sqft
    2023-01-01 0 days 1,842 sqft
    2023-02-01 0 days 1,832 sqft
    2023-03-01 0 days 1,824 sqft
    2023-04-01 0 days 1,810 sqft
    2023-05-01 0 days 1,821 sqft
    2023-06-01 0 days 1,822 sqft
    2023-07-01 0 days 1,800 sqft
    2023-08-01 0 days 1,811 sqft
    2023-09-01 0 days 1,880 sqft
    2023-10-01 0 days 1,864 sqft
    2023-11-01 0 days 1,831 sqft
    2023-12-01 0 days 1,800 sqft
    2024-01-01 0 days 1,797 sqft
    2024-02-01 0 days 1,715 sqft
    2024-03-01 0 days 1,759 sqft
    2024-04-01 0 days 1,715 sqft
    2024-05-01 0 days 1,720 sqft
    2024-06-01 0 days 1,808 sqft
    2024-07-01 0 days 1,796 sqft
    2024-08-01 0 days 1,776 sqft
    2024-09-01 0 days 1,806 sqft
    2024-10-01 0 days 1,811 sqft
    2024-11-01 0 days 1,806 sqft
    2024-12-01 0 days 1,793 sqft
    2025-01-01 0 days 1,769 sqft
    Cedar City's median listing age (time on market) for 2025-01-01 was 0 days.

    Cedar City's median square footage for active listings during the 2025-01-01 period was 1,769 sqft. One year prior, the average listing was 1,797 sqft.