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 13 lenders originated 18 USDA loans during 2022. The total origination value was $5,480,000, with an average USDA loan value of $304,444.
Centralia USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Centralia
averaged
-0.02%
for the week of 2023-11-24, compared to the national average (all USDA variants) of
0% for the same period.
Centralia's average USDA mortgage closing costs are $6,967.
The average rate for the prior week (2023-11-17) was
7.07% and
one month ago for the week of 2023-10-20, the
average rate was 7.49%.
The average rate one year ago was 6.33%.
For refis of the same type during the week of 2023-11-24, the average rate
was -1.34%.
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 | 2022 Avg. 30yFix Rate | 2022 Avg. Closing Costs |
|---|---|---|---|
| PRIMELENDING, A PLAINSCAPITAL COMPANY | 3 | 4.21% | $9,435 |
| CHURCHILL MORTGAGE CORPORATION | 3 | 3.66% | $7,699 |
| HOME POINT FINANCIAL CORPORATION | 2 | 2.94% | $7,161 |
| BROKER SOLUTIONS, INC. | 1 | 6.13% | $10,759 |
| CALIBER HOME LOANS, INC. | 1 | 3.25% | $9,243 |
| Carrington Mortgage Services, LLC | 1 | 3.00% | $3,487 |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | 1 | 4.13% | $10,410 |
| MANN FINANCIAL INC. | 1 | 3.88% | $16,163 |
| PREMIER MORTGAGE RESOURCES, L.L.C. | 1 | 6.13% | $7,734 |
| AMERICAN PACIFIC MORTGAGE CORPORATION | 1 | 5.63% | $19,362 |
| SUMMIT FUNDING, INC. | 1 | 3.63% | $10,810 |
| Bank of England | 1 | 5.25% | $15,492 |
| Banner Bank | 1 | 4.00% | $7,906 |
The top Centralia USDA lender as defined by loan originations is PRIMELENDING, A PLAINSCAPITAL COMPANY, with
3 USDA loans originated. Their average total fees are
$9,435, which is $1,735
higher than the next largest lender,
CHURCHILL MORTGAGE CORPORATION.
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 | $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 | $312,500 (-0.5%) | $379,105 (5.5%) | 0.00 | 231 |
| 2020-04-01 | $325,250 (5.4%) | $384,676 (8.7%) | 0.00 | 234 |
| 2020-05-01 | $329,450 (6.7%) | $397,159 (12.0%) | 0.00 | 231 |
| 2020-06-01 | $334,000 (6.1%) | $401,862 (13.2%) | 0.00 | 220 |
| 2020-07-01 | $335,625 (5.2%) | $399,721 (9.4%) | 0.00 | 229 |
| 2020-08-01 | $349,900 (10.6%) | $415,402 (13.0%) | 0.00 | 222 |
| 2020-09-01 | $330,000 (5.6%) | $410,932 (12.8%) | 0.00 | 233 |
| 2020-10-01 | $339,000 (9.4%) | $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 (15.6%) | $458,335 (20.9%) | 0.00 | 79 |
| 2021-04-01 | $386,500 (18.8%) | $467,885 (21.6%) | 0.00 | 72 |
| 2021-05-01 | $399,000 (21.1%) | $478,292 (20.4%) | 0.00 | 91 |
| 2021-06-01 | $398,225 (19.2%) | $512,574 (27.6%) | 0.00 | 107 |
| 2021-07-01 | $425,000 (26.6%) | $525,499 (31.5%) | 0.00 | 119 |
| 2021-08-01 | $436,750 (24.8%) | $521,995 (25.7%) | 0.00 | 140 |
| 2021-09-01 | $449,450 (36.2%) | $510,244 (24.2%) | 0.00 | 152 |
| 2021-10-01 | $430,000 (26.8%) | $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 | 290 |
| 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%) | $583,743 (2.1%) | 0.00 | 145 |
| 2023-04-01 | $499,000 (2.4%) | $591,389 (-8.8%) | 0.00 | 145 |
| 2023-05-01 | $567,000 (5.2%) | $613,238 (-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 |
Centralia's median listing price comes in at 0% of the national average.
Centralia's average listing price for 2023-10-01 was $601,639, a difference of $56,215 (10.3%) versus the prior year and $-17,191 versus the prior month.
For the 2023-10-01 period, Centralia had 226 MLS listings, a difference of 23 listings (11%) versus the prior month and -45 listings (-17%) 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 | 1,883 sqft |
| 2019-03-01 | 0 days | 1,859 sqft |
| 2019-04-01 | 0 days | 1,842 sqft |
| 2019-05-01 | 0 days | 1,851 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 | 1,746 sqft |
| 2020-05-01 | 0 days | 1,779 sqft |
| 2020-06-01 | 0 days | 1,797 sqft |
| 2020-07-01 | 0 days | 1,800 sqft |
| 2020-08-01 | 0 days | 1,790 sqft |
| 2020-09-01 | 0 days | 1,713 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 |
| 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 | 1,861 sqft |
| 2023-04-01 | 0 days | 1,941 sqft |
| 2023-05-01 | 0 days | 1,939 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 |
Centralia's median square footage for active listings during the 2023-10-01 period was 1,917 sqft. One year prior, the average listing was 1,810 sqft.