Chico USDA Loan Rates, Closing Costs & Stats

CHICO, CA

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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.

    Chico's 5 lenders originated 6 USDA loans during 2024. The total origination value was $1,710,000, with an average USDA loan value of $285,000.

    Chico USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Chico averaged 6.54% for the week of 2025-05-23, compared to the national average (all USDA variants) of 6.433% for the same period.

    Chico's average USDA mortgage closing costs are $7,589.

    The average rate for the prior week (2025-05-16) was 6.47% and one month ago for the week of 2025-04-18, the average rate was 6.76%.

    The average rate one year ago was 7.02%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.11%.

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

    Chico 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 Chico level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Sierra Pacific Mortgage Company, Inc. 2 6.00% $9,503
    American Mortgage Bank, LLC 1 6.63% $8,021
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.38% $11,507
    Plains Commerce Bank 1 6.13% $6,701
    The Loan Store, Inc. 1 5.38% $17,186

    The top Chico USDA lender as defined by loan originations is Sierra Pacific Mortgage Company, Inc., with 2 USDA loans originated. Their average total fees are $9,503, which is $1,482 higher than the next largest lender, American Mortgage Bank, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Chico (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 $287,450 (-0.1%) $381,482 (10.3%) 1.07 415
    2018-02-01 $293,750 (2.1%) $380,820 (7.5%) 1.07 421
    2018-03-01 $329,000 (14.3%) $409,785 (16.6%) 1.15 471
    2018-04-01 $324,950 (12.4%) $390,758 (5.7%) 1.10 521
    2018-05-01 $329,750 (12.2%) $394,626 (4.6%) 1.10 589
    2018-06-01 $319,000 (9.6%) $383,183 (4.3%) 1.06 629
    2018-07-01 $323,475 (12.4%) $387,403 (7.5%) 1.08 679
    2018-08-01 $316,375 (9.9%) $376,846 (3.3%) 1.06 711
    2018-09-01 $315,500 (9.6%) $366,600 (-1.6%) 1.06 731
    2018-10-01 $312,500 (8.3%) $367,177 (-1.3%) 1.06 726
    2018-11-01 $302,438 (5.1%) $370,054 (0.0%) 1.03 574
    2018-12-01 $329,000 (14.3%) $392,817 (4.0%) 1.13 342
    2019-01-01 $334,500 (16.4%) $391,621 (2.7%) 1.16 395
    2019-02-01 $333,125 (13.4%) $384,086 (0.9%) 1.13 412
    2019-03-01 $346,714 (5.4%) $397,138 (-3.1%) 1.13 388
    2019-04-01 $366,214 (12.7%) $416,363 (6.6%) 1.16 400
    2019-05-01 $370,000 (12.2%) $427,475 (8.3%) 1.16 498
    2019-06-01 $369,000 (15.7%) $424,173 (10.7%) 1.15 554
    2019-07-01 $358,255 (10.8%) $421,912 (8.9%) 1.12 613
    2019-08-01 $355,462 (12.4%) $421,463 (11.8%) 1.13 629
    2019-09-01 $352,390 (11.7%) $421,589 (15.0%) 1.13 613
    2019-10-01 $350,000 (12.0%) $421,673 (14.8%) 1.13 585
    2019-11-01 $349,500 (15.6%) $423,281 (14.4%) 1.15 528
    2019-12-01 $351,715 (6.9%) $431,692 (9.9%) 1.17 464
    2020-01-01 $362,500 (8.4%) $445,568 (13.8%) 1.21 389
    2020-02-01 $379,500 (13.9%) $440,942 (14.8%) 1.24 351
    2020-03-01 $389,000 (12.2%) $454,168 (14.4%) 1.22 346
    2020-04-01 $399,000 (9.0%) $466,651 (12.1%) 1.25 347
    2020-05-01 $418,000 (13.0%) $474,953 (11.1%) 1.27 364
    2020-06-01 $424,000 (14.9%) $475,467 (12.1%) 1.25 345
    2020-07-01 $402,500 (12.4%) $479,779 (13.7%) 1.17 305
    2020-08-01 $417,000 (17.3%) $480,119 (13.9%) 1.19 307
    2020-09-01 $399,750 (13.4%) $473,628 (12.3%) 1.15 288
    2020-10-01 $398,000 (13.7%) $460,962 (9.3%) 1.14 308
    2020-11-01 $389,225 (11.4%) $456,687 (7.9%) 1.14 321
    2020-12-01 $399,000 (13.4%) $459,965 (6.6%) 1.19 265
    2021-01-01 $399,550 (10.2%) $465,300 (4.4%) 1.19 243
    2021-02-01 $421,875 (11.2%) $511,847 (16.1%) 1.23 234
    2021-03-01 $417,500 (7.3%) $514,341 (13.3%) 1.18 233
    2021-04-01 $430,250 (7.8%) $547,253 (17.3%) 1.16 224
    2021-05-01 $450,000 (7.7%) $562,905 (18.5%) 1.20 236
    2021-06-01 $452,250 (6.7%) $564,564 (18.7%) 1.19 252
    2021-07-01 $447,000 (11.1%) $550,888 (14.8%) 1.18 282
    2021-08-01 $433,750 (4.0%) $510,201 (6.3%) 1.16 312
    2021-09-01 $437,450 (9.4%) $502,209 (6.0%) 1.17 317
    2021-10-01 $449,000 (12.8%) $541,429 (17.5%) 1.20 324
    2021-11-01 $450,000 (15.6%) $555,696 (21.7%) 1.20 287
    2021-12-01 $449,000 (12.5%) $543,326 (18.1%) 1.22 245
    2022-01-01 $442,500 (10.8%) $541,457 (16.4%) 1.20 198
    2022-02-01 $449,950 (6.7%) $535,830 (4.7%) 1.17 211
    2022-03-01 $449,225 (7.6%) $523,628 (1.8%) 1.12 226
    2022-04-01 $480,000 (11.6%) $553,498 (1.1%) 1.14 264
    2022-05-01 $472,000 (4.9%) $888,874 (57.9%) 1.08 341
    2022-06-01 $468,750 (3.7%) $547,222 (-3.1%) 1.04 391
    2022-07-01 $455,000 (1.8%) $532,510 (-3.3%) 1.03 482
    2022-08-01 $457,450 (5.5%) $529,080 (3.7%) 1.06 523
    2022-09-01 $450,000 (2.9%) $517,905 (3.1%) 1.05 509
    2022-10-01 $444,900 (-0.9%) $515,680 (-4.8%) 1.05 509
    2022-11-01 $434,950 (-3.3%) $510,628 (-8.1%) 1.05 480
    2022-12-01 $435,000 (-3.1%) $513,784 (-5.4%) 1.07 446
    2023-01-01 $423,000 (-4.4%) $506,806 (-6.4%) 1.05 382
    2023-02-01 $427,113 (-5.1%) $519,039 (-3.1%) 1.03 342
    2023-03-01 $431,175 (-4.0%) $518,304 (-1.0%) 1.02 318
    2023-04-01 $438,500 (-8.7%) $521,388 (-5.8%) 1.02 302
    2023-05-01 $429,975 (-8.9%) $519,607 (-41.5%) 0.98 339
    2023-06-01 $429,113 (-8.5%) $516,580 (-5.6%) 0.96 359
    2023-07-01 $429,925 (-5.5%) $514,767 (-3.3%) 0.98 366
    2023-08-01 $433,625 (-5.2%) $521,724 (-1.4%) 1.00 374
    2023-09-01 $425,000 (-5.6%) $510,437 (-1.4%) 0.99 406
    2023-10-01 $426,975 (-4.0%) $506,339 (-1.8%) 1.00 426
    2023-11-01 $439,500 (1.1%) $557,197 (9.1%) 1.05 420
    2023-12-01 $431,750 (-0.8%) $541,538 (5.4%) 1.05 360
    2024-01-01 $424,950 (0.5%) $525,493 (3.7%) 1.04 328
    2024-02-01 $420,925 (-1.5%) $522,244 (0.6%) 1.01 316
    2024-03-01 $430,000 (-0.3%) $528,711 (2.0%) 1.01 349
    2024-04-01 $434,000 (-1.0%) $542,244 (4.0%) 1.01 391
    2024-05-01 $449,125 (4.5%) $549,908 (5.8%) 1.02 454
    2024-06-01 $449,000 (4.6%) $546,864 (5.9%) 1.02 488
    2024-07-01 $434,500 (1.1%) $543,103 (5.5%) 0.99 515
    2024-08-01 $424,900 (-2.0%) $537,131 (3.0%) 0.99 520
    2024-09-01 $425,000 (0.0%) $532,535 (4.3%) 1.00 515
    2024-10-01 $425,500 (-0.4%) $529,317 (4.5%) 1.00 540
    2024-11-01 $429,900 (-2.2%) $526,152 (-5.6%) 1.03 537
    2024-12-01 $423,650 (-1.9%) $508,971 (-6.0%) 1.05 451
    2025-01-01 $424,875 (0.0%) $506,155 (-3.7%) 1.06 420
    2025-02-01 $414,100 (-1.6%) $490,455 (-6.1%) 1.01 440
    2025-03-01 $426,000 (-0.9%) $498,503 (-5.7%) 1.00 475
    2025-04-01 $427,500 (-1.5%) $509,064 (-6.1%) 0.99 525
    Chico's median listing price for 2025-04-01 was $427,500, a difference of $-6,500 (-1.5%) versus the prior year and $1,500 versus the prior month.

    Chico's median listing price comes in at 99% of the national average.

    Chico's average listing price for 2025-04-01 was $509,064, a difference of $-33,180 (-6.1%) versus the prior year and $10,561 versus the prior month.

    For the 2025-04-01 period, Chico had 525 MLS listings, a difference of 50 listings (11%) versus the prior month and 134 listings (34%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Chico (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 55 days 1,621 sqft
    2018-02-01 38 days 1,610 sqft
    2018-03-01 31 days 1,696 sqft
    2018-04-01 39 days 1,668 sqft
    2018-05-01 35 days 1,709 sqft
    2018-06-01 36 days 1,684 sqft
    2018-07-01 39 days 1,673 sqft
    2018-08-01 44 days 1,639 sqft
    2018-09-01 48 days 1,615 sqft
    2018-10-01 53 days 1,615 sqft
    2018-11-01 55 days 1,629 sqft
    2018-12-01 25 days 1,615 sqft
    2019-01-01 30 days 1,594 sqft
    2019-02-01 32 days 1,557 sqft
    2019-03-01 40 days 1,588 sqft
    2019-04-01 43 days 1,632 sqft
    2019-05-01 36 days 1,640 sqft
    2019-06-01 38 days 1,684 sqft
    2019-07-01 45 days 1,699 sqft
    2019-08-01 49 days 1,684 sqft
    2019-09-01 54 days 1,684 sqft
    2019-10-01 59 days 1,688 sqft
    2019-11-01 65 days 1,714 sqft
    2019-12-01 75 days 1,715 sqft
    2020-01-01 77 days 1,710 sqft
    2020-02-01 80 days 1,712 sqft
    2020-03-01 60 days 1,755 sqft
    2020-04-01 63 days 1,833 sqft
    2020-05-01 64 days 1,855 sqft
    2020-06-01 54 days 1,865 sqft
    2020-07-01 62 days 1,856 sqft
    2020-08-01 51 days 1,830 sqft
    2020-09-01 55 days 1,756 sqft
    2020-10-01 52 days 1,748 sqft
    2020-11-01 49 days 1,750 sqft
    2020-12-01 72 days 1,754 sqft
    2021-01-01 83 days 1,743 sqft
    2021-02-01 63 days 1,728 sqft
    2021-03-01 53 days 1,709 sqft
    2021-04-01 47 days 1,729 sqft
    2021-05-01 36 days 1,791 sqft
    2021-06-01 40 days 1,755 sqft
    2021-07-01 40 days 1,729 sqft
    2021-08-01 45 days 1,702 sqft
    2021-09-01 51 days 1,713 sqft
    2021-10-01 44 days 1,731 sqft
    2021-11-01 51 days 1,729 sqft
    2021-12-01 53 days 1,702 sqft
    2022-01-01 57 days 1,626 sqft
    2022-02-01 36 days 1,655 sqft
    2022-03-01 35 days 1,646 sqft
    2022-04-01 33 days 1,722 sqft
    2022-05-01 36 days 1,732 sqft
    2022-06-01 37 days 1,714 sqft
    2022-07-01 39 days 1,693 sqft
    2022-08-01 46 days 1,711 sqft
    2022-09-01 58 days 1,690 sqft
    2022-10-01 65 days 1,680 sqft
    2022-11-01 64 days 1,709 sqft
    2022-12-01 73 days 1,712 sqft
    2023-01-01 82 days 1,707 sqft
    2023-02-01 81 days 1,709 sqft
    2023-03-01 72 days 1,676 sqft
    2023-04-01 59 days 1,674 sqft
    2023-05-01 43 days 1,670 sqft
    2023-06-01 46 days 1,668 sqft
    2023-07-01 51 days 1,653 sqft
    2023-08-01 50 days 1,669 sqft
    2023-09-01 51 days 1,658 sqft
    2023-10-01 55 days 1,638 sqft
    2023-11-01 58 days 1,674 sqft
    2023-12-01 68 days 1,671 sqft
    2024-01-01 78 days 1,654 sqft
    2024-02-01 78 days 1,631 sqft
    2024-03-01 61 days 1,654 sqft
    2024-04-01 48 days 1,673 sqft
    2024-05-01 44 days 1,719 sqft
    2024-06-01 53 days 1,700 sqft
    2024-07-01 61 days 1,694 sqft
    2024-08-01 65 days 1,643 sqft
    2024-09-01 68 days 1,636 sqft
    2024-10-01 67 days 1,619 sqft
    2024-11-01 67 days 1,631 sqft
    2024-12-01 79 days 1,633 sqft
    2025-01-01 88 days 1,640 sqft
    2025-02-01 78 days 1,622 sqft
    2025-03-01 58 days 1,632 sqft
    2025-04-01 56 days 1,668 sqft
    Chico's median listing age (time on market) for 2025-04-01 was 56 days. This is 18% longer than the same period one year ago.

    Chico's median square footage for active listings during the 2025-04-01 period was 1,668 sqft. One year prior, the average listing was 1,673 sqft.