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 19 lenders originated 50 USDA loans during 2021. The total origination value was $15,120,000, with an average USDA loan value of $302,400.

Centralia USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Centralia averaged 6.34% for the week of 2022-12-02, compared to the national average (all USDA variants) of 6.437% for the same period.

Centralia's average USDA mortgage closing costs are $6,751.

The average rate for the prior week (2022-11-25) was 6.47% and one month ago for the week of 2022-10-28, the average rate was 6.95%.

The average rate one year ago was 3.24%.

For refis of the same type during the week of 2022-12-02, the average rate was 6.48%.

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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
ACADEMY MORTGAGE CORPORATION 15 3.22% $9,210
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 3.44% $8,273
Paramount Residential Mortgage Group, Inc. 3 2.83% $6,175
MANN FINANCIAL INC. 3 2.75% $10,642
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 3.29% $8,126
Flagstar Bank, FSB 3 2.75% $6,285
UNITED WHOLESALE MORTGAGE, LLC 2 2.75% $9,796
BAY EQUITY LLC 2 2.81% $8,084
GUILD MORTGAGE COMPANY 2 3.06% $9,097
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 2.75% $7,381
LEADERONE FINANCIAL CORPORATION 1 2.88% $5,441
Hometown Lenders, Inc. 1 3.25% $8,263
Mortgage Research Center, LLC 1 2.50% $6,415
GENEVA FINANCIAL, LLC 1 2.75% $6,729
CALIBER HOME LOANS, INC. 1 2.65% $7,096
RANLIFE, INC. 1 2.88% $8,424
SUMMIT FUNDING, INC. 1 3.25% $6,678
TJC Mortgage, Inc. 1 3.00% $8,539
BROKER SOLUTIONS, INC. 1 2.88% $11,564

The top Centralia USDA lender as defined by loan originations is ACADEMY MORTGAGE CORPORATION, with 15 USDA loans originated. Their average total fees are $9,210, which is $937 higher than the next largest lender, PRIMELENDING, A PLAINSCAPITAL COMPANY.

The lowest fee Centralia USDA lenders (with over 10 loans originated) are ACADEMY MORTGAGE CORPORATION ($9,210), .

The lowest rate Centralia USDA lenders (with over 10 loans originated) are ACADEMY MORTGAGE CORPORATION (3.22%), .


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 $251,500 (29.3%) $324,447 (17.8%) 0.00 224
2018-02-01 $251,200 (22.6%) $327,864 (17.1%) 0.00 199
2018-03-01 $269,500 (23.1%) $334,312 (15.7%) 0.00 184
2018-04-01 $290,750 (18.9%) $351,578 (15.9%) 0.00 179
2018-05-01 $292,500 (17.0%) $346,977 (13.5%) 0.00 193
2018-06-01 $289,450 (13.5%) $336,705 (7.0%) 0.00 234
2018-07-01 $299,500 (19.9%) $350,757 (12.0%) 0.00 247
2018-08-01 $297,088 (18.8%) $344,754 (10.0%) 0.00 283
2018-09-01 $299,000 (18.4%) $340,920 (9.9%) 0.00 302
2018-10-01 $299,250 (20.0%) $343,477 (12.9%) 0.00 296
2018-11-01 $299,000 (19.6%) $346,281 (9.9%) 0.00 289
2018-12-01 $314,900 (26.0%) $368,393 (16.8%) 0.00 245
2019-01-01 $321,250 (27.7%) $379,863 (17.1%) 0.00 200
2019-02-01 $315,000 (25.4%) $371,656 (13.4%) 0.00 200
2019-03-01 $314,171 (16.6%) $359,424 (7.5%) 0.00 203
2019-04-01 $308,584 (6.1%) $353,951 (0.7%) 0.00 186
2019-05-01 $308,675 (5.5%) $354,552 (2.2%) 0.00 194
2019-06-01 $314,944 (8.8%) $354,904 (5.4%) 0.00 215
2019-07-01 $319,000 (6.5%) $365,395 (4.2%) 0.00 234
2019-08-01 $316,409 (6.5%) $367,715 (6.7%) 0.00 254
2019-09-01 $312,523 (4.5%) $364,226 (6.8%) 0.00 268
2019-10-01 $309,750 (3.5%) $361,900 (5.4%) 0.00 278
2019-11-01 $309,450 (3.5%) $358,846 (3.6%) 0.00 270
2019-12-01 $301,213 (-4.4%) $364,024 (-1.2%) 0.00 230
2020-01-01 $312,400 (-2.8%) $387,031 (1.9%) 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 (6.2%) $401,604 (13.2%) 0.00 221
2020-07-01 $337,000 (5.6%) $399,479 (9.3%) 0.00 230
2020-08-01 $349,800 (10.6%) $415,097 (12.9%) 0.00 222
2020-09-01 $330,000 (5.6%) $410,932 (12.8%) 0.00 233
2020-10-01 $339,900 (9.7%) $422,429 (16.7%) 0.00 222
2020-11-01 $342,225 (10.6%) $436,652 (21.7%) 0.00 136
2020-12-01 $332,000 (10.2%) $430,070 (18.1%) 0.00 111
2021-01-01 $342,500 (9.6%) $436,670 (12.8%) 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
Centralia's median listing price for 2022-11-01 was $487,475, a difference of $37,875 (8.4%) versus the prior year and $-1,525 versus the prior month.

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

Centralia's average listing price for 2022-11-01 was $550,486, a difference of $34,966 (6.8%) versus the prior year and $5,062 versus the prior month.

For the 2022-11-01 period, Centralia had 252 MLS listings, a difference of -19 listings (-7%) versus the prior month and 135 listings (115%) 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 1,782 sqft
2018-03-01 0 days 1,882 sqft
2018-04-01 0 days 1,947 sqft
2018-05-01 0 days 1,919 sqft
2018-06-01 0 days 1,906 sqft
2018-07-01 0 days 1,942 sqft
2018-08-01 0 days 1,864 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 1,766 sqft
2019-11-01 0 days 1,782 sqft
2019-12-01 0 days 1,782 sqft
2020-01-01 0 days 1,794 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 1,799 sqft
2020-07-01 0 days 1,807 sqft
2020-08-01 0 days 1,792 sqft
2020-09-01 0 days 1,716 sqft
2020-10-01 0 days 1,703 sqft
2020-11-01 0 days 1,711 sqft
2020-12-01 0 days 1,764 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 1,607 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 1,840 sqft
2021-10-01 0 days 1,960 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
Centralia's median listing age (time on market) for 2022-11-01 was 0 days.

Centralia's median square footage for active listings during the 2022-11-01 period was 1,794 sqft. One year prior, the average listing was 1,899 sqft.