College Station USDA Loans

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 5.28% for the week of 2022-08-05, compared to the national average (all USDA variants) of 5.294% for the same period.

The average rate for the prior week (2022-07-29) was 5.31% and one month ago for the week of 2022-07-01, the average rate was 5.54%.

The average rate one year ago was 3.32%.

For refis of the same type during the week of 2022-08-05, the average rate was 4.91%.

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 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. Total Fees
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 $299,000 (-3.5%) $399,127 (0.2%) 1.10 1,023
2018-02-01 $289,950 (-7.2%) $399,685 (-0.7%) 1.05 1,082
2018-03-01 $289,000 (-10.4%) $399,307 (-4.9%) 1.00 1,140
2018-04-01 $283,995 (-12.6%) $395,351 (-5.9%) 0.95 1,206
2018-05-01 $279,900 (-15.2%) $389,721 (-8.4%) 0.93 1,277
2018-06-01 $272,000 (-5.5%) $385,514 (6.9%) 0.91 1,271
2018-07-01 $270,000 (-6.9%) $381,343 (4.5%) 0.90 1,330
2018-08-01 $272,450 (-15.2%) $383,909 (-7.1%) 0.91 1,282
2018-09-01 $274,900 (-13.6%) $389,637 (-3.3%) 0.92 1,244
2018-10-01 $269,900 (-14.9%) $395,630 (-3.2%) 0.90 1,246
2018-11-01 $269,900 (-14.7%) $401,044 (-2.7%) 0.90 1,242
2018-12-01 $269,700 (-13.0%) $379,528 (-6.6%) 0.92 1,215
2019-01-01 $266,950 (-10.7%) $375,840 (-5.8%) 0.92 1,195
2019-02-01 $259,900 (-10.4%) $362,441 (-9.3%) 0.87 1,301
2019-03-01 $260,357 (-9.9%) $358,709 (-10.2%) 0.85 1,371
2019-04-01 $268,250 (-5.5%) $360,567 (-8.8%) 0.84 1,438
2019-05-01 $269,950 (-3.6%) $361,162 (-7.3%) 0.83 1,436
2019-06-01 $269,900 (-0.8%) $359,419 (-6.8%) 0.83 1,444
2019-07-01 $269,900 (0.0%) $352,403 (-7.6%) 0.84 1,493
2019-08-01 $271,529 (-0.3%) $355,906 (-7.3%) 0.85 1,477
2019-09-01 $273,429 (-0.5%) $363,609 (-6.7%) 0.87 1,452
2019-10-01 $269,900 (0.0%) $361,102 (-8.7%) 0.86 1,465
2019-11-01 $269,900 (0.0%) $364,974 (-9.0%) 0.87 1,417
2019-12-01 $274,900 (1.9%) $367,148 (-3.3%) 0.92 1,333
2020-01-01 $264,900 (-0.8%) $364,390 (-3.1%) 0.88 1,269
2020-02-01 $269,900 (3.9%) $379,954 (4.8%) 0.87 1,439
2020-03-01 $271,498 (4.3%) $377,237 (5.2%) 0.85 1,546
2020-04-01 $275,000 (2.5%) $378,190 (4.9%) 0.86 1,545
2020-05-01 $279,000 (3.4%) $378,101 (4.7%) 0.85 1,502
2020-06-01 $283,500 (5.0%) $378,879 (5.4%) 0.83 1,380
2020-07-01 $274,000 (1.5%) $374,836 (6.4%) 0.79 1,313
2020-08-01 $265,000 (-2.4%) $375,384 (5.5%) 0.76 1,239
2020-09-01 $252,616 (-7.6%) $373,289 (2.7%) 0.72 1,212
2020-10-01 $250,000 (-7.4%) $373,184 (3.4%) 0.71 1,135
2020-11-01 $249,450 (-7.6%) $383,042 (5.0%) 0.71 1,054
2020-12-01 $242,950 (-11.6%) $350,195 (-4.6%) 0.71 972
2021-01-01 $245,000 (-7.5%) $352,311 (-3.3%) 0.72 856
2021-02-01 $247,895 (-8.2%) $357,380 (-5.9%) 0.71 768
2021-03-01 $255,198 (-6.0%) $379,330 (0.6%) 0.72 725
2021-04-01 $276,750 (0.6%) $396,475 (4.8%) 0.74 585
2021-05-01 $309,900 (11.1%) $457,584 (21.0%) 0.82 442
2021-06-01 $334,700 (18.1%) $474,736 (25.3%) 0.87 436
2021-07-01 $331,400 (21.0%) $493,435 (31.6%) 0.86 458
2021-08-01 $299,899 (13.2%) $437,487 (16.5%) 0.79 540
2021-09-01 $298,750 (18.3%) $437,719 (17.3%) 0.79 520
2021-10-01 $299,900 (20.0%) $421,590 (13.0%) 0.79 488
2021-11-01 $297,000 (19.1%) $424,585 (10.9%) 0.78 419
2021-12-01 $290,950 (19.8%) $429,213 (22.6%) 0.78 386
2022-01-01 $285,000 (16.3%) $432,265 (22.7%) 0.76 348
2022-02-01 $312,000 (25.9%) $469,685 (31.4%) 0.80 371
2022-03-01 $314,523 (23.3%) $475,843 (25.4%) 0.78 352
2022-04-01 $325,000 (17.4%) $476,047 (20.1%) 0.76 401
2022-05-01 $353,450 (14.1%) $514,272 (12.4%) 0.79 476
2022-06-01 $369,900 (10.5%) $523,242 (10.2%) 0.82 620
College Station's median listing price for 2022-06-01 was $369,900, a difference of $35,200 (10.5%) versus the prior year and $16,450 versus the prior month.

College Station's median listing price comes in at 82% of the national average.

College Station's average listing price for 2022-06-01 was $523,242, a difference of $48,506 (10.2%) versus the prior year and $8,970 versus the prior month.

For the 2022-06-01 period, College Station had 620 MLS listings, a difference of 144 listings (30%) versus the prior month and 184 listings (42%) 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 79 days 2,124 sqft
2018-02-01 67 days 2,089 sqft
2018-03-01 57 days 2,093 sqft
2018-04-01 53 days 2,039 sqft
2018-05-01 58 days 2,026 sqft
2018-06-01 64 days 2,010 sqft
2018-07-01 70 days 2,016 sqft
2018-08-01 73 days 2,005 sqft
2018-09-01 78 days 2,005 sqft
2018-10-01 80 days 1,978 sqft
2018-11-01 86 days 1,949 sqft
2018-12-01 94 days 1,920 sqft
2019-01-01 87 days 1,913 sqft
2019-02-01 67 days 1,880 sqft
2019-03-01 58 days 1,880 sqft
2019-04-01 67 days 1,916 sqft
2019-05-01 74 days 1,970 sqft
2019-06-01 74 days 1,971 sqft
2019-07-01 70 days 1,971 sqft
2019-08-01 74 days 1,986 sqft
2019-09-01 79 days 1,992 sqft
2019-10-01 84 days 1,981 sqft
2019-11-01 86 days 1,981 sqft
2019-12-01 94 days 1,981 sqft
2020-01-01 93 days 1,924 sqft
2020-02-01 72 days 1,925 sqft
2020-03-01 58 days 1,924 sqft
2020-04-01 70 days 1,931 sqft
2020-05-01 83 days 1,940 sqft
2020-06-01 94 days 1,944 sqft
2020-07-01 87 days 1,895 sqft
2020-08-01 77 days 1,872 sqft
2020-09-01 74 days 1,848 sqft
2020-10-01 76 days 1,826 sqft
2020-11-01 81 days 1,795 sqft
2020-12-01 79 days 1,800 sqft
2021-01-01 74 days 1,800 sqft
2021-02-01 66 days 1,800 sqft
2021-03-01 48 days 1,809 sqft
2021-04-01 44 days 1,856 sqft
2021-05-01 45 days 1,968 sqft
2021-06-01 39 days 2,056 sqft
2021-07-01 36 days 2,077 sqft
2021-08-01 35 days 1,947 sqft
2021-09-01 43 days 1,905 sqft
2021-10-01 52 days 1,897 sqft
2021-11-01 52 days 1,869 sqft
2021-12-01 60 days 1,849 sqft
2022-01-01 53 days 1,849 sqft
2022-02-01 33 days 1,857 sqft
2022-03-01 31 days 1,841 sqft
2022-04-01 29 days 1,884 sqft
2022-05-01 25 days 1,984 sqft
2022-06-01 29 days 2,023 sqft
College Station's median listing age (time on market) for 2022-06-01 was 29 days. This is -25% shorter than the same period one year ago.

College Station's median square footage for active listings during the 2022-06-01 period was 2,023 sqft. One year prior, the average listing was 2,056 sqft.