College Station USDA Loan Rates, Closing Costs & Stats

COLLEGE STATION-BRYAN, TX

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.

College Station's 12 lenders originated 19 USDA loans during 2021. The total origination value was $3,745,000, with an average USDA loan value of $197,105.

College Station USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in College Station averaged 0.19% for the week of 2022-11-25, compared to the national average (all USDA variants) of 0% for the same period.

College Station's average USDA mortgage closing costs are $5,467.

The average rate for the prior week (2022-11-18) was 6.54% and one month ago for the week of 2022-10-21, the average rate was 6.75%.

The average rate one year ago was 3.49%.

For refis of the same type during the week of 2022-11-25, the average rate was -0.29%.

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

College Station 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 College Station level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 2.94% $3,435
AMERICA'S CHOICE HOME LOANS LP 2 2.69% $7,666
Wallick & Volk, Inc. 2 3.44% $3,669
GUILD MORTGAGE COMPANY 2 2.63% $6,880
CMG MORTGAGE, INC. 1 2.75% $8,968
GMFS LLC 1 2.88% $4,982
AMERICAN FINANCIAL NETWORK, INC. 1 2.63% $8,709
PENNYMAC LOAN SERVICES, LLC 1 2.63% $8,293
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.63% $5,521
Sunflower Bank 1 2.99% $6,021
UNITED WHOLESALE MORTGAGE, LLC 1 2.88% $9,163
AMERICAN FINANCIAL RESOURCES, INC. 1 3.63% $7,402

The top College Station USDA lender as defined by loan originations is ARK-LA-TEX FINANCIAL SERVICES, LLC., with 4 USDA loans originated. Their average total fees are $3,435, which is $4,231 lower than the next largest lender, AMERICA'S CHOICE HOME LOANS LP.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - College Station (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 $288,250 (-6.0%) $390,378 (-0.9%) 1.07 901
2018-02-01 $279,900 (-9.8%) $391,718 (-1.6%) 1.02 973
2018-03-01 $275,900 (-14.1%) $387,148 (-8.1%) 0.97 1,026
2018-04-01 $274,900 (-15.4%) $383,979 (-10.1%) 0.93 1,077
2018-05-01 $269,950 (-17.9%) $381,726 (-10.7%) 0.90 1,135
2018-06-01 $269,900 (-5.2%) $379,306 (5.6%) 0.90 1,134
2018-07-01 $269,900 (-3.6%) $375,223 (3.5%) 0.90 1,179
2018-08-01 $269,900 (-14.4%) $378,816 (-7.1%) 0.90 1,132
2018-09-01 $270,000 (-12.9%) $386,067 (-2.5%) 0.91 1,096
2018-10-01 $269,900 (-12.9%) $389,782 (-2.9%) 0.91 1,091
2018-11-01 $269,450 (-13.1%) $392,603 (-3.2%) 0.91 1,080
2018-12-01 $266,500 (-11.1%) $369,931 (-7.0%) 0.92 1,045
2019-01-01 $262,400 (-9.0%) $364,833 (-6.5%) 0.91 1,031
2019-02-01 $259,675 (-7.2%) $351,383 (-10.3%) 0.88 1,132
2019-03-01 $259,207 (-6.1%) $351,051 (-9.3%) 0.85 1,197
2019-04-01 $264,975 (-3.6%) $353,614 (-7.9%) 0.84 1,266
2019-05-01 $269,850 (0.0%) $355,638 (-6.8%) 0.84 1,279
2019-06-01 $269,000 (-0.3%) $353,167 (-6.9%) 0.84 1,281
2019-07-01 $269,875 (0.0%) $345,829 (-7.8%) 0.84 1,307
2019-08-01 $269,791 (0.0%) $346,197 (-8.6%) 0.85 1,290
2019-09-01 $269,627 (-0.1%) $350,616 (-9.2%) 0.86 1,273
2019-10-01 $269,718 (-0.1%) $352,872 (-9.5%) 0.87 1,257
2019-11-01 $269,900 (0.2%) $355,930 (-9.3%) 0.88 1,194
2019-12-01 $269,950 (1.3%) $357,846 (-3.3%) 0.90 1,130
2020-01-01 $262,479 (0.0%) $356,934 (-2.2%) 0.88 1,092
2020-02-01 $265,900 (2.4%) $371,194 (5.6%) 0.87 1,247
2020-03-01 $266,725 (2.9%) $365,016 (4.0%) 0.84 1,348
2020-04-01 $270,975 (2.3%) $366,013 (3.5%) 0.85 1,342
2020-05-01 $272,998 (1.2%) $366,560 (3.1%) 0.83 1,299
2020-06-01 $277,030 (3.0%) $370,841 (5.0%) 0.82 1,190
2020-07-01 $266,450 (-1.3%) $367,710 (6.3%) 0.77 1,152
2020-08-01 $262,500 (-2.7%) $370,455 (7.0%) 0.75 1,081
2020-09-01 $252,450 (-6.4%) $371,597 (6.0%) 0.72 1,051
2020-10-01 $249,900 (-7.4%) $369,537 (4.7%) 0.72 979
2020-11-01 $247,750 (-8.2%) $377,126 (6.0%) 0.72 914
2020-12-01 $238,750 (-11.6%) $331,805 (-7.3%) 0.71 835
2021-01-01 $239,900 (-8.6%) $331,318 (-7.2%) 0.72 733
2021-02-01 $242,575 (-8.8%) $341,680 (-8.0%) 0.71 669
2021-03-01 $254,613 (-4.5%) $367,085 (0.6%) 0.72 643
2021-04-01 $270,449 (-0.2%) $379,989 (3.8%) 0.73 530
2021-05-01 $300,000 (9.9%) $440,427 (20.2%) 0.79 401
2021-06-01 $324,925 (17.3%) $458,753 (23.7%) 0.86 400
2021-07-01 $325,000 (22.0%) $483,491 (31.5%) 0.86 409
2021-08-01 $297,000 (13.1%) $428,911 (15.8%) 0.79 478
2021-09-01 $295,000 (16.9%) $427,202 (15.0%) 0.79 462
2021-10-01 $300,000 (20.1%) $416,740 (12.8%) 0.80 431
2021-11-01 $291,076 (17.5%) $417,495 (10.7%) 0.78 377
2021-12-01 $288,250 (20.7%) $425,114 (28.1%) 0.78 340
2022-01-01 $281,348 (17.3%) $432,176 (30.4%) 0.76 313
2022-02-01 $318,950 (31.5%) $487,439 (42.7%) 0.83 328
2022-03-01 $319,933 (25.7%) $478,035 (30.2%) 0.80 324
2022-04-01 $325,000 (20.2%) $466,800 (22.9%) 0.78 368
2022-05-01 $348,450 (16.2%) $504,386 (14.5%) 0.80 425
2022-06-01 $358,700 (10.4%) $505,899 (10.3%) 0.80 565
2022-07-01 $344,900 (6.1%) $499,834 (3.4%) 0.78 609
2022-08-01 $352,450 (18.7%) $501,131 (16.8%) 0.81 677
2022-09-01 $356,108 (20.7%) $504,184 (18.0%) 0.83 690
2022-10-01 $356,107 (18.7%) $513,452 (23.2%) 0.84 741
College Station's median listing price for 2022-10-01 was $356,107, a difference of $56,107 (18.7%) versus the prior year and $-1 versus the prior month.

College Station's median listing price comes in at 84% of the national average.

College Station's average listing price for 2022-10-01 was $513,452, a difference of $96,712 (23.2%) versus the prior year and $9,268 versus the prior month.

For the 2022-10-01 period, College Station had 741 MLS listings, a difference of 51 listings (7%) versus the prior month and 310 listings (72%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - College Station (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 77 days 2,086 sqft
2018-02-01 65 days 2,009 sqft
2018-03-01 54 days 2,007 sqft
2018-04-01 53 days 2,000 sqft
2018-05-01 58 days 1,980 sqft
2018-06-01 64 days 1,961 sqft
2018-07-01 70 days 1,980 sqft
2018-08-01 74 days 1,976 sqft
2018-09-01 78 days 1,978 sqft
2018-10-01 81 days 1,931 sqft
2018-11-01 89 days 1,913 sqft
2018-12-01 99 days 1,911 sqft
2019-01-01 92 days 1,895 sqft
2019-02-01 66 days 1,862 sqft
2019-03-01 60 days 1,875 sqft
2019-04-01 66 days 1,904 sqft
2019-05-01 73 days 1,939 sqft
2019-06-01 73 days 1,939 sqft
2019-07-01 73 days 1,947 sqft
2019-08-01 76 days 1,958 sqft
2019-09-01 81 days 1,956 sqft
2019-10-01 86 days 1,955 sqft
2019-11-01 92 days 1,948 sqft
2019-12-01 96 days 1,934 sqft
2020-01-01 93 days 1,899 sqft
2020-02-01 72 days 1,900 sqft
2020-03-01 59 days 1,880 sqft
2020-04-01 71 days 1,904 sqft
2020-05-01 84 days 1,911 sqft
2020-06-01 96 days 1,902 sqft
2020-07-01 89 days 1,858 sqft
2020-08-01 80 days 1,856 sqft
2020-09-01 79 days 1,818 sqft
2020-10-01 81 days 1,794 sqft
2020-11-01 86 days 1,759 sqft
2020-12-01 84 days 1,764 sqft
2021-01-01 77 days 1,752 sqft
2021-02-01 67 days 1,767 sqft
2021-03-01 51 days 1,790 sqft
2021-04-01 41 days 1,828 sqft
2021-05-01 39 days 1,945 sqft
2021-06-01 35 days 2,011 sqft
2021-07-01 37 days 2,045 sqft
2021-08-01 38 days 1,892 sqft
2021-09-01 44 days 1,869 sqft
2021-10-01 51 days 1,889 sqft
2021-11-01 53 days 1,852 sqft
2021-12-01 61 days 1,850 sqft
2022-01-01 56 days 1,855 sqft
2022-02-01 30 days 1,952 sqft
2022-03-01 29 days 1,862 sqft
2022-04-01 23 days 1,883 sqft
2022-05-01 24 days 1,955 sqft
2022-06-01 28 days 1,989 sqft
2022-07-01 40 days 1,953 sqft
2022-08-01 50 days 1,944 sqft
2022-09-01 55 days 1,948 sqft
2022-10-01 64 days 1,936 sqft
College Station's median listing age (time on market) for 2022-10-01 was 64 days. This is 25% longer than the same period one year ago.

College Station's median square footage for active listings during the 2022-10-01 period was 1,936 sqft. One year prior, the average listing was 1,889 sqft.