Centralia USDA Loan Rates, Closing Costs & Stats

Centralia, WA

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.

Centralia's 2 lenders originated 2 USDA loans during 2023. The total origination value was $710,000, with an average USDA loan value of $355,000.

Centralia USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Centralia averaged 6.66% for the week of 2024-04-12, compared to the national average (all USDA variants) of 6.705% for the same period.

Centralia's average USDA mortgage closing costs are $6,989.

The average rate for the prior week (2024-04-05) was 6.68% and one month ago for the week of 2024-03-08, the average rate was 6.74%.

The average rate one year ago was 6.35%.

For refis of the same type during the week of 2024-04-12, the average rate was 6.77%.

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

Centralia 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 Centralia level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Northpointe Bank 1 6.25% $12,486
PANORAMA MORTGAGE GROUP, LLC 1 6.25% $7,377

The top Centralia USDA lender as defined by loan originations is Northpointe Bank, with 1 USDA loans originated. Their average total fees are $12,486, which is $5,109 higher than the next largest lender, PANORAMA MORTGAGE GROUP, LLC.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Centralia (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 $250,000 (30.9%) $324,084 (18.0%) 0.00 222
2018-02-01 $250,350 (22.3%) $327,215 (17.3%) 0.00 197
2018-03-01 $265,000 (21.0%) $333,720 (15.8%) 0.00 182
2018-04-01 $287,475 (19.8%) $351,094 (16.0%) 0.00 177
2018-05-01 $292,475 (17.0%) $347,039 (13.8%) 0.00 191
2018-06-01 $289,450 (14.7%) $340,071 (8.2%) 0.00 232
2018-07-01 $299,500 (19.9%) $352,802 (12.8%) 0.00 245
2018-08-01 $297,200 (18.9%) $345,225 (10.3%) 0.00 282
2018-09-01 $299,000 (19.6%) $341,470 (10.2%) 0.00 302
2018-10-01 $299,250 (20.2%) $343,781 (13.1%) 0.00 296
2018-11-01 $299,000 (19.6%) $346,281 (10.0%) 0.00 289
2018-12-01 $314,900 (26.0%) $368,393 (17.0%) 0.00 245
2019-01-01 $321,250 (28.5%) $379,863 (17.2%) 0.00 200
2019-02-01 $315,000 (25.8%) $371,656 (13.6%) 0.00 200
2019-03-01 $314,171 (18.6%) $359,424 (7.7%) 0.00 203
2019-04-01 $308,584 (7.3%) $353,951 (0.8%) 0.00 186
2019-05-01 $308,675 (5.5%) $354,552 (2.2%) 0.00 194
2019-06-01 $312,472 (8.0%) $354,493 (4.2%) 0.00 216
2019-07-01 $319,000 (6.5%) $364,756 (3.4%) 0.00 234
2019-08-01 $316,273 (6.4%) $367,084 (6.3%) 0.00 255
2019-09-01 $312,182 (4.4%) $363,601 (6.5%) 0.00 269
2019-10-01 $309,455 (3.4%) $361,279 (5.1%) 0.00 279
2019-11-01 $309,000 (3.3%) $358,218 (3.5%) 0.00 271
2019-12-01 $299,950 (-4.8%) $363,234 (-1.4%) 0.00 231
2020-01-01 $312,400 (-2.8%) $386,583 (1.8%) 0.00 224
2020-02-01 $317,900 (0.9%) $378,725 (1.9%) 0.00 223
2020-03-01 $313,225 (-0.3%) $378,952 (5.4%) 0.00 232
2020-04-01 $326,125 (5.7%) $384,492 (8.6%) 0.00 235
2020-05-01 $329,900 (6.9%) $396,930 (12.0%) 0.00 232
2020-06-01 $334,500 (7.1%) $401,604 (13.3%) 0.00 221
2020-07-01 $337,000 (5.6%) $399,479 (9.5%) 0.00 230
2020-08-01 $349,800 (10.6%) $415,097 (13.1%) 0.00 222
2020-09-01 $330,000 (5.7%) $410,932 (13.0%) 0.00 233
2020-10-01 $339,900 (9.8%) $422,429 (16.9%) 0.00 222
2020-11-01 $342,225 (10.8%) $436,652 (21.9%) 0.00 136
2020-12-01 $332,000 (10.7%) $430,070 (18.4%) 0.00 111
2021-01-01 $342,500 (9.6%) $436,670 (13.0%) 0.00 96
2021-02-01 $349,750 (10.0%) $457,206 (20.7%) 0.00 86
2021-03-01 $361,250 (15.3%) $458,335 (21.0%) 0.00 79
2021-04-01 $386,500 (18.5%) $467,885 (21.7%) 0.00 72
2021-05-01 $399,000 (21.0%) $478,292 (20.5%) 0.00 91
2021-06-01 $398,225 (19.1%) $512,574 (27.6%) 0.00 107
2021-07-01 $425,000 (26.1%) $525,499 (31.6%) 0.00 119
2021-08-01 $436,750 (24.9%) $521,995 (25.8%) 0.00 140
2021-09-01 $449,450 (36.2%) $510,244 (24.2%) 0.00 152
2021-10-01 $430,000 (26.5%) $509,445 (20.6%) 0.00 148
2021-11-01 $449,600 (31.4%) $515,520 (18.1%) 0.00 117
2021-12-01 $429,500 (29.4%) $494,326 (14.9%) 0.00 92
2022-01-01 $420,000 (22.6%) $502,297 (15.0%) 0.00 65
2022-02-01 $429,700 (22.9%) $527,532 (15.4%) 0.00 70
2022-03-01 $452,000 (25.1%) $571,897 (24.8%) 0.00 74
2022-04-01 $487,450 (26.1%) $648,477 (38.6%) 0.00 88
2022-05-01 $539,225 (35.1%) $653,420 (36.6%) 0.00 125
2022-06-01 $498,700 (25.2%) $618,109 (20.6%) 0.00 194
2022-07-01 $525,000 (23.5%) $583,845 (11.1%) 0.00 245
2022-08-01 $499,925 (14.5%) $563,131 (7.9%) 0.00 285
2022-09-01 $487,250 (8.4%) $550,365 (7.9%) 0.00 289
2022-10-01 $489,000 (13.7%) $545,424 (7.1%) 0.00 271
2022-11-01 $487,475 (8.4%) $550,486 (6.8%) 0.00 252
2022-12-01 $497,500 (15.8%) $556,719 (12.6%) 0.00 194
2023-01-01 $449,500 (7.0%) $559,476 (11.4%) 0.00 173
2023-02-01 $485,000 (12.9%) $577,568 (9.5%) 0.00 156
2023-03-01 $499,000 (10.4%) $584,444 (2.2%) 0.00 145
2023-04-01 $499,000 (2.4%) $591,389 (-8.8%) 0.00 145
2023-05-01 $565,750 (4.9%) $612,692 (-6.2%) 0.00 142
2023-06-01 $550,000 (10.3%) $602,754 (-2.5%) 0.00 162
2023-07-01 $565,000 (7.6%) $614,020 (5.2%) 0.00 175
2023-08-01 $545,000 (9.0%) $625,426 (11.1%) 0.00 195
2023-09-01 $532,500 (9.3%) $618,830 (12.4%) 0.00 203
2023-10-01 $512,475 (4.8%) $601,639 (10.3%) 0.00 226
2023-11-01 $506,223 (3.9%) $586,621 (6.6%) 0.00 242
2023-12-01 $512,450 (3.0%) $592,268 (6.4%) 0.00 224
2024-01-01 $546,000 (21.5%) $615,292 (10.0%) 0.00 203
2024-02-01 $545,950 (12.6%) $611,532 (5.9%) 0.00 187
2024-03-01 $529,900 (6.2%) $589,277 (0.8%) 0.00 201
Centralia's median listing price for 2024-03-01 was $529,900, a difference of $30,900 (6.2%) versus the prior year and $-16,050 versus the prior month.

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

Centralia's average listing price for 2024-03-01 was $589,277, a difference of $4,833 (0.8%) versus the prior year and $-22,255 versus the prior month.

For the 2024-03-01 period, Centralia had 201 MLS listings, a difference of 14 listings (7%) versus the prior month and 56 listings (39%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Centralia (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,782 sqft
2018-02-01 0 days 1,775 sqft
2018-03-01 0 days 1,875 sqft
2018-04-01 0 days 1,932 sqft
2018-05-01 0 days 1,918 sqft
2018-06-01 0 days 1,908 sqft
2018-07-01 0 days 1,945 sqft
2018-08-01 0 days 1,865 sqft
2018-09-01 0 days 1,864 sqft
2018-10-01 0 days 1,843 sqft
2018-11-01 0 days 1,834 sqft
2018-12-01 0 days 1,878 sqft
2019-01-01 0 days 1,886 sqft
2019-02-01 0 days 1,880 sqft
2019-03-01 0 days 1,851 sqft
2019-04-01 0 days 1,833 sqft
2019-05-01 0 days 1,847 sqft
2019-06-01 0 days 1,782 sqft
2019-07-01 0 days 1,782 sqft
2019-08-01 0 days 1,777 sqft
2019-09-01 0 days 1,770 sqft
2019-10-01 0 days 1,765 sqft
2019-11-01 0 days 1,782 sqft
2019-12-01 0 days 1,782 sqft
2020-01-01 0 days 1,793 sqft
2020-02-01 0 days 1,782 sqft
2020-03-01 0 days 1,757 sqft
2020-04-01 0 days 1,747 sqft
2020-05-01 0 days 1,781 sqft
2020-06-01 0 days 1,801 sqft
2020-07-01 0 days 1,813 sqft
2020-08-01 0 days 1,792 sqft
2020-09-01 0 days 1,716 sqft
2020-10-01 0 days 1,702 sqft
2020-11-01 0 days 1,711 sqft
2020-12-01 0 days 1,761 sqft
2021-01-01 0 days 1,705 sqft
2021-02-01 0 days 1,682 sqft
2021-03-01 0 days 1,577 sqft
2021-04-01 0 days 1,616 sqft
2021-05-01 0 days 1,592 sqft
2021-06-01 0 days 1,644 sqft
2021-07-01 0 days 1,760 sqft
2021-08-01 0 days 1,821 sqft
2021-09-01 0 days 1,839 sqft
2021-10-01 0 days 1,958 sqft
2021-11-01 0 days 1,899 sqft
2021-12-01 0 days 1,800 sqft
2022-01-01 0 days 1,722 sqft
2022-02-01 0 days 1,705 sqft
2022-03-01 0 days 1,786 sqft
2022-04-01 0 days 1,876 sqft
2022-05-01 0 days 1,789 sqft
2022-06-01 0 days 1,762 sqft
2022-07-01 0 days 1,850 sqft
2022-08-01 0 days 1,863 sqft
2022-09-01 0 days 1,810 sqft
2022-10-01 0 days 1,810 sqft
2022-11-01 0 days 1,794 sqft
2022-12-01 0 days 1,792 sqft
2023-01-01 0 days 1,759 sqft
2023-02-01 0 days 1,831 sqft
2023-03-01 0 days 1,864 sqft
2023-04-01 0 days 1,941 sqft
2023-05-01 0 days 1,929 sqft
2023-06-01 0 days 1,873 sqft
2023-07-01 0 days 1,929 sqft
2023-08-01 0 days 1,883 sqft
2023-09-01 0 days 1,888 sqft
2023-10-01 0 days 1,917 sqft
2023-11-01 0 days 1,927 sqft
2023-12-01 0 days 1,898 sqft
2024-01-01 0 days 1,975 sqft
2024-02-01 0 days 1,981 sqft
2024-03-01 0 days 1,958 sqft
Centralia's median listing age (time on market) for 2024-03-01 was 0 days.

Centralia's median square footage for active listings during the 2024-03-01 period was 1,958 sqft. One year prior, the average listing was 1,864 sqft.