Corpus Christi USDA Loan Rates, Closing Costs & Stats

CORPUS CHRISTI, 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.

Corpus Christi's 1 lenders originated 1 USDA loans during 2023. The total origination value was $235,000, with an average USDA loan value of $235,000.

Corpus Christi USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Corpus Christi averaged 6.37% for the week of 2024-04-12, compared to the national average (all USDA variants) of 6.705% for the same period.

Corpus Christi's average USDA mortgage closing costs are $5,912.

The average rate for the prior week (2024-04-05) was 6.39% and one month ago for the week of 2024-03-08, the average rate was 6.65%.

The average rate one year ago was 6.26%.

For refis of the same type during the week of 2024-04-12, the average rate was 6.72%.

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

Corpus Christi 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 Corpus Christi level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
GUILD MORTGAGE COMPANY 1 5.63% $16,764

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Corpus Christi (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 $229,900 (0.1%) $294,715 (-1.1%) 0.85 1,902
2018-02-01 $234,050 (1.1%) $295,657 (-0.9%) 0.85 1,911
2018-03-01 $239,000 (1.8%) $305,410 (0.1%) 0.84 1,911
2018-04-01 $239,900 (0.4%) $309,569 (-0.6%) 0.81 1,943
2018-05-01 $239,900 (2.1%) $312,554 (1.9%) 0.80 1,947
2018-06-01 $238,900 (1.7%) $309,723 (0.3%) 0.80 2,035
2018-07-01 $239,000 (1.7%) $311,260 (1.3%) 0.80 2,036
2018-08-01 $239,900 (1.2%) $310,308 (0.6%) 0.80 2,076
2018-09-01 $239,431 (3.2%) $310,540 (2.8%) 0.80 2,084
2018-10-01 $237,000 (3.1%) $310,441 (5.3%) 0.80 2,074
2018-11-01 $233,975 (1.8%) $306,390 (5.4%) 0.79 2,052
2018-12-01 $234,900 (2.2%) $306,181 (5.9%) 0.81 1,932
2019-01-01 $237,328 (3.2%) $308,286 (4.6%) 0.82 1,891
2019-02-01 $239,900 (2.5%) $312,705 (5.8%) 0.81 1,920
2019-03-01 $244,069 (2.1%) $320,109 (4.8%) 0.80 1,943
2019-04-01 $249,750 (4.1%) $328,152 (6.0%) 0.79 1,969
2019-05-01 $249,950 (4.2%) $330,691 (5.8%) 0.78 2,027
2019-06-01 $249,900 (4.6%) $327,910 (5.9%) 0.78 2,052
2019-07-01 $249,900 (4.6%) $330,482 (6.2%) 0.78 2,046
2019-08-01 $250,541 (4.4%) $331,927 (7.0%) 0.79 2,018
2019-09-01 $251,502 (5.0%) $334,214 (7.6%) 0.80 1,976
2019-10-01 $252,018 (6.3%) $335,240 (8.0%) 0.81 1,935
2019-11-01 $249,000 (6.4%) $330,918 (8.0%) 0.82 1,919
2019-12-01 $249,900 (6.4%) $331,615 (8.3%) 0.83 1,855
2020-01-01 $249,000 (4.9%) $330,368 (7.2%) 0.83 1,776
2020-02-01 $254,900 (6.3%) $339,979 (8.7%) 0.83 1,739
2020-03-01 $262,775 (7.7%) $354,263 (10.7%) 0.82 1,748
2020-04-01 $259,450 (3.9%) $353,571 (7.8%) 0.81 1,738
2020-05-01 $269,500 (7.8%) $361,300 (9.3%) 0.82 1,574
2020-06-01 $269,475 (7.8%) $368,159 (12.3%) 0.79 1,378
2020-07-01 $271,950 (8.8%) $376,298 (13.9%) 0.79 1,278
2020-08-01 $278,000 (11.0%) $376,545 (13.4%) 0.80 1,220
2020-09-01 $279,925 (11.3%) $387,501 (15.9%) 0.80 1,186
2020-10-01 $279,900 (11.1%) $388,713 (16.0%) 0.80 1,129
2020-11-01 $279,450 (12.2%) $383,080 (15.8%) 0.82 1,150
2020-12-01 $271,438 (8.6%) $379,943 (14.6%) 0.81 1,082
2021-01-01 $269,900 (8.4%) $383,935 (16.2%) 0.81 967
2021-02-01 $272,413 (6.9%) $384,413 (13.1%) 0.79 900
2021-03-01 $275,000 (4.7%) $384,503 (8.5%) 0.78 825
2021-04-01 $276,400 (6.5%) $391,907 (10.8%) 0.75 758
2021-05-01 $292,450 (8.5%) $417,585 (15.6%) 0.78 684
2021-06-01 $290,665 (7.9%) $420,030 (14.1%) 0.77 699
2021-07-01 $298,000 (9.6%) $426,972 (13.5%) 0.79 829
2021-08-01 $298,750 (7.5%) $418,023 (11.0%) 0.80 908
2021-09-01 $288,750 (3.2%) $404,513 (4.4%) 0.77 959
2021-10-01 $295,000 (5.4%) $403,883 (3.9%) 0.79 935
2021-11-01 $294,723 (5.5%) $404,324 (5.6%) 0.79 885
2021-12-01 $286,475 (5.5%) $396,686 (4.4%) 0.78 828
2022-01-01 $289,700 (7.3%) $402,728 (4.9%) 0.78 822
2022-02-01 $299,450 (9.9%) $425,059 (10.6%) 0.78 746
2022-03-01 $304,594 (10.8%) $432,325 (12.4%) 0.76 732
2022-04-01 $315,000 (14.0%) $427,317 (9.0%) 0.75 777
2022-05-01 $331,403 (13.3%) $434,008 (3.9%) 0.76 923
2022-06-01 $330,975 (13.9%) $438,975 (4.5%) 0.74 1,081
2022-07-01 $320,000 (7.4%) $430,965 (0.9%) 0.72 1,327
2022-08-01 $313,000 (4.8%) $426,693 (2.1%) 0.72 1,455
2022-09-01 $312,786 (8.3%) $428,075 (5.8%) 0.73 1,413
2022-10-01 $310,000 (5.1%) $429,579 (6.4%) 0.73 1,448
2022-11-01 $310,839 (5.5%) $432,710 (7.0%) 0.75 1,498
2022-12-01 $313,550 (9.5%) $427,184 (7.7%) 0.77 1,407
2023-01-01 $319,000 (10.1%) $428,056 (6.3%) 0.79 1,350
2023-02-01 $326,595 (9.1%) $445,108 (4.7%) 0.79 1,310
2023-03-01 $330,648 (8.6%) $455,245 (5.3%) 0.78 1,340
2023-04-01 $349,900 (11.1%) $471,568 (10.4%) 0.81 1,340
2023-05-01 $355,000 (7.1%) $491,023 (13.1%) 0.81 1,363
2023-06-01 $360,000 (8.8%) $495,347 (12.8%) 0.81 1,540
2023-07-01 $356,876 (11.5%) $484,062 (12.3%) 0.81 1,597
2023-08-01 $355,000 (13.4%) $485,398 (13.8%) 0.82 1,672
2023-09-01 $347,910 (11.2%) $467,335 (9.2%) 0.81 1,769
2023-10-01 $347,578 (12.1%) $468,708 (9.1%) 0.82 1,838
2023-11-01 $347,750 (11.9%) $463,255 (7.1%) 0.83 1,859
2023-12-01 $339,995 (8.4%) $453,516 (6.2%) 0.83 1,832
2024-01-01 $339,450 (6.4%) $449,447 (5.0%) 0.83 1,802
2024-02-01 $335,000 (2.6%) $447,057 (0.4%) 0.81 1,836
2024-03-01 $345,000 (4.3%) $465,226 (2.2%) 0.81 1,946
Corpus Christi's median listing price for 2024-03-01 was $345,000, a difference of $14,352 (4.3%) versus the prior year and $10,000 versus the prior month.

Corpus Christi's median listing price comes in at 81% of the national average.

Corpus Christi's average listing price for 2024-03-01 was $465,226, a difference of $9,981 (2.2%) versus the prior year and $18,169 versus the prior month.

For the 2024-03-01 period, Corpus Christi had 1,946 MLS listings, a difference of 110 listings (6%) versus the prior month and 606 listings (45%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Corpus Christi (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 98 days 1,818 sqft
2018-02-01 88 days 1,823 sqft
2018-03-01 66 days 1,844 sqft
2018-04-01 63 days 1,857 sqft
2018-05-01 65 days 1,851 sqft
2018-06-01 64 days 1,856 sqft
2018-07-01 62 days 1,864 sqft
2018-08-01 65 days 1,874 sqft
2018-09-01 73 days 1,886 sqft
2018-10-01 77 days 1,890 sqft
2018-11-01 82 days 1,877 sqft
2018-12-01 87 days 1,850 sqft
2019-01-01 93 days 1,840 sqft
2019-02-01 83 days 1,815 sqft
2019-03-01 76 days 1,828 sqft
2019-04-01 72 days 1,850 sqft
2019-05-01 73 days 1,848 sqft
2019-06-01 75 days 1,850 sqft
2019-07-01 73 days 1,844 sqft
2019-08-01 76 days 1,855 sqft
2019-09-01 77 days 1,866 sqft
2019-10-01 80 days 1,874 sqft
2019-11-01 89 days 1,851 sqft
2019-12-01 96 days 1,837 sqft
2020-01-01 92 days 1,827 sqft
2020-02-01 87 days 1,815 sqft
2020-03-01 68 days 1,833 sqft
2020-04-01 73 days 1,798 sqft
2020-05-01 85 days 1,845 sqft
2020-06-01 86 days 1,855 sqft
2020-07-01 73 days 1,877 sqft
2020-08-01 75 days 1,877 sqft
2020-09-01 73 days 1,869 sqft
2020-10-01 71 days 1,876 sqft
2020-11-01 71 days 1,805 sqft
2020-12-01 81 days 1,812 sqft
2021-01-01 85 days 1,780 sqft
2021-02-01 66 days 1,800 sqft
2021-03-01 64 days 1,775 sqft
2021-04-01 60 days 1,729 sqft
2021-05-01 51 days 1,785 sqft
2021-06-01 52 days 1,763 sqft
2021-07-01 45 days 1,789 sqft
2021-08-01 51 days 1,761 sqft
2021-09-01 52 days 1,739 sqft
2021-10-01 56 days 1,740 sqft
2021-11-01 59 days 1,743 sqft
2021-12-01 57 days 1,736 sqft
2022-01-01 63 days 1,735 sqft
2022-02-01 56 days 1,757 sqft
2022-03-01 48 days 1,753 sqft
2022-04-01 39 days 1,750 sqft
2022-05-01 38 days 1,775 sqft
2022-06-01 40 days 1,752 sqft
2022-07-01 44 days 1,747 sqft
2022-08-01 51 days 1,695 sqft
2022-09-01 63 days 1,680 sqft
2022-10-01 68 days 1,719 sqft
2022-11-01 77 days 1,732 sqft
2022-12-01 75 days 1,734 sqft
2023-01-01 82 days 1,740 sqft
2023-02-01 73 days 1,740 sqft
2023-03-01 62 days 1,776 sqft
2023-04-01 62 days 1,776 sqft
2023-05-01 64 days 1,773 sqft
2023-06-01 57 days 1,785 sqft
2023-07-01 59 days 1,745 sqft
2023-08-01 64 days 1,752 sqft
2023-09-01 65 days 1,720 sqft
2023-10-01 67 days 1,708 sqft
2023-11-01 72 days 1,708 sqft
2023-12-01 78 days 1,680 sqft
2024-01-01 80 days 1,676 sqft
2024-02-01 74 days 1,652 sqft
2024-03-01 62 days 1,654 sqft
Corpus Christi's median listing age (time on market) for 2024-03-01 was 62 days. This is 0% longer than the same period one year ago.

Corpus Christi's median square footage for active listings during the 2024-03-01 period was 1,654 sqft. One year prior, the average listing was 1,776 sqft.