Denver USDA Loan Rates, Closing Costs & Stats

DENVER-AURORA-LAKEWOOD, CO

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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.

    Denver's 5 lenders originated 9 USDA loans during 2023. The total origination value was $3,725,000, with an average USDA loan value of $413,889.

    Denver USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Denver averaged 6.37% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Denver's average USDA mortgage closing costs are $7,664.

    The average rate for the prior week (2025-02-07) was 6.03% and one month ago for the week of 2025-01-10, the average rate was 6.28%.

    The average rate one year ago was 6.07%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.77%.

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

    Denver 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 Denver level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 4 5.94% $16,507
    PLAZA HOME MORTGAGE, INC. 2 6.25% $15,209
    AMERICAN FINANCIAL NETWORK, INC. 1 5.63% $14,407
    AMERICAN FINANCING CORPORATION 1 5.25% $18,249
    BOKF 1 6.63% $8,148

    The top Denver USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 4 USDA loans originated. Their average total fees are $16,507, which is $1,299 higher than the next largest lender, PLAZA HOME MORTGAGE, INC..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Denver (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 $521,911 (4.5%) $711,549 (4.1%) 1.93 3,796
    2018-02-01 $520,428 (4.1%) $710,319 (3.0%) 1.89 3,929
    2018-03-01 $520,000 (4.0%) $713,013 (3.2%) 1.82 4,297
    2018-04-01 $545,000 (9.0%) $759,514 (11.4%) 1.85 4,876
    2018-05-01 $532,450 (6.5%) $742,072 (10.0%) 1.78 5,452
    2018-06-01 $520,000 (4.5%) $717,923 (8.0%) 1.73 6,460
    2018-07-01 $499,950 (1.0%) $695,731 (5.1%) 1.67 7,129
    2018-08-01 $495,000 (2.2%) $673,101 (2.9%) 1.66 7,431
    2018-09-01 $489,000 (0.9%) $663,764 (1.3%) 1.64 7,890
    2018-10-01 $479,900 (-1.0%) $645,947 (-1.8%) 1.63 8,097
    2018-11-01 $474,955 (-3.9%) $639,519 (-5.4%) 1.61 7,720
    2018-12-01 $479,000 (-7.8%) $647,629 (-8.0%) 1.65 6,234
    2019-01-01 $487,500 (-6.6%) $656,098 (-7.8%) 1.68 5,452
    2019-02-01 $499,750 (-4.0%) $671,855 (-5.4%) 1.69 5,495
    2019-03-01 $515,529 (-0.9%) $683,268 (-4.2%) 1.69 5,922
    2019-04-01 $523,729 (-3.9%) $689,273 (-9.3%) 1.66 6,479
    2019-05-01 $515,000 (-3.3%) $676,607 (-8.8%) 1.61 7,490
    2019-06-01 $515,000 (-1.0%) $668,417 (-6.9%) 1.61 8,377
    2019-07-01 $500,000 (0.0%) $657,002 (-5.6%) 1.57 8,892
    2019-08-01 $498,564 (0.7%) $655,004 (-2.7%) 1.58 8,768
    2019-09-01 $496,559 (1.6%) $653,591 (-1.5%) 1.59 8,616
    2019-10-01 $495,223 (3.2%) $652,978 (1.1%) 1.60 8,439
    2019-11-01 $499,000 (5.1%) $666,656 (4.2%) 1.64 7,183
    2019-12-01 $497,495 (3.9%) $674,594 (4.2%) 1.66 6,118
    2020-01-01 $527,480 (8.2%) $736,167 (12.2%) 1.76 3,875
    2020-02-01 $550,000 (10.1%) $778,147 (15.8%) 1.80 3,604
    2020-03-01 $555,212 (7.7%) $781,941 (14.4%) 1.74 4,292
    2020-04-01 $542,500 (3.6%) $729,462 (5.8%) 1.70 4,933
    2020-05-01 $545,000 (5.8%) $728,600 (7.7%) 1.66 5,843
    2020-06-01 $547,000 (6.2%) $734,370 (9.9%) 1.61 6,523
    2020-07-01 $540,075 (8.0%) $739,959 (12.6%) 1.57 6,040
    2020-08-01 $539,000 (8.1%) $747,040 (14.1%) 1.54 5,747
    2020-09-01 $522,000 (5.1%) $749,906 (14.7%) 1.50 5,361
    2020-10-01 $515,000 (4.0%) $750,604 (15.0%) 1.48 4,864
    2020-11-01 $519,675 (4.1%) $769,748 (15.5%) 1.52 3,925
    2020-12-01 $530,601 (6.7%) $801,998 (18.9%) 1.58 2,900
    2021-01-01 $525,000 (-0.5%) $814,286 (10.6%) 1.57 2,290
    2021-02-01 $539,849 (-1.9%) $828,665 (6.5%) 1.57 2,148
    2021-03-01 $555,000 (0.0%) $846,872 (8.3%) 1.57 2,241
    2021-04-01 $575,000 (6.0%) $889,171 (21.9%) 1.56 2,214
    2021-05-01 $595,000 (9.2%) $896,784 (23.1%) 1.58 2,288
    2021-06-01 $599,175 (9.5%) $875,181 (19.2%) 1.58 3,092
    2021-07-01 $600,000 (11.1%) $850,648 (15.0%) 1.58 3,722
    2021-08-01 $600,000 (11.3%) $840,358 (12.5%) 1.60 3,847
    2021-09-01 $599,950 (14.9%) $844,683 (12.6%) 1.60 3,835
    2021-10-01 $615,000 (19.4%) $846,450 (12.8%) 1.64 3,577
    2021-11-01 $617,475 (18.8%) $863,420 (12.2%) 1.65 2,725
    2021-12-01 $627,035 (18.2%) $899,026 (12.1%) 1.70 1,885
    2022-01-01 $640,000 (21.9%) $979,115 (20.2%) 1.73 1,439
    2022-02-01 $647,500 (19.9%) $984,488 (18.8%) 1.68 1,519
    2022-03-01 $662,225 (19.3%) $971,559 (14.7%) 1.66 1,840
    2022-04-01 $677,000 (17.7%) $963,625 (8.4%) 1.61 2,359
    2022-05-01 $695,000 (16.8%) $942,685 (5.1%) 1.59 3,428
    2022-06-01 $680,000 (13.5%) $883,406 (0.9%) 1.51 4,768
    2022-07-01 $650,000 (8.3%) $839,555 (-1.3%) 1.46 6,181
    2022-08-01 $636,490 (6.1%) $820,814 (-2.3%) 1.47 6,471
    2022-09-01 $626,750 (4.5%) $819,377 (-3.0%) 1.47 6,493
    2022-10-01 $620,000 (0.8%) $826,664 (-2.3%) 1.46 6,576
    2022-11-01 $608,700 (-1.4%) $825,476 (-4.4%) 1.46 6,025
    2022-12-01 $600,000 (-4.3%) $830,468 (-7.6%) 1.48 4,618
    2023-01-01 $600,000 (-6.3%) $859,555 (-12.2%) 1.49 3,767
    2023-02-01 $632,475 (-2.3%) $920,601 (-6.5%) 1.53 3,300
    2023-03-01 $654,950 (-1.1%) $973,211 (0.2%) 1.54 3,429
    2023-04-01 $679,000 (0.3%) $974,148 (1.1%) 1.58 3,978
    2023-05-01 $682,250 (-1.8%) $973,280 (3.3%) 1.55 4,381
    2023-06-01 $680,000 (0.0%) $959,445 (8.6%) 1.53 5,065
    2023-07-01 $675,000 (3.9%) $938,445 (11.8%) 1.53 5,515
    2023-08-01 $659,950 (3.7%) $910,334 (10.9%) 1.52 5,882
    2023-09-01 $649,000 (3.6%) $896,750 (9.4%) 1.51 6,346
    2023-10-01 $635,000 (2.4%) $885,394 (7.1%) 1.49 6,569
    2023-11-01 $625,000 (2.7%) $870,155 (5.4%) 1.49 6,206
    2023-12-01 $610,000 (1.7%) $848,083 (2.1%) 1.49 4,948
    2024-01-01 $599,997 (0.0%) $844,649 (-1.7%) 1.47 4,197
    2024-02-01 $609,750 (-3.6%) $873,575 (-5.1%) 1.47 4,291
    2024-03-01 $619,925 (-5.4%) $886,902 (-8.9%) 1.46 5,077
    2024-04-01 $625,000 (-8.0%) $873,752 (-10.3%) 1.45 6,270
    2024-05-01 $636,700 (-6.7%) $864,324 (-11.2%) 1.44 7,539
    2024-06-01 $632,500 (-7.0%) $846,534 (-11.8%) 1.44 9,004
    2024-07-01 $625,000 (-7.4%) $825,484 (-12.0%) 1.43 9,652
    2024-08-01 $620,000 (-6.1%) $811,670 (-10.8%) 1.44 9,811
    2024-09-01 $610,250 (-6.0%) $804,278 (-10.3%) 1.44 10,264
    2024-10-01 $600,000 (-5.5%) $797,345 (-9.9%) 1.41 10,475
    2024-11-01 $593,900 (-5.0%) $779,084 (-10.5%) 1.42 9,351
    2024-12-01 $577,350 (-5.4%) $766,457 (-9.6%) 1.43 7,022
    2025-01-01 $569,950 (-5.0%) $755,352 (-10.6%) 0.00 6,497
    Denver's median listing price for 2025-01-01 was $569,950, a difference of $-30,047 (-5.0%) versus the prior year and $-7,400 versus the prior month.

    Denver's median listing price comes in at 0% of the national average.

    Denver's average listing price for 2025-01-01 was $755,352, a difference of $-89,297 (-10.6%) versus the prior year and $-11,105 versus the prior month.

    For the 2025-01-01 period, Denver had 6,497 MLS listings, a difference of -525 listings (-7%) versus the prior month and 2,300 listings (55%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Denver (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 54 days 2,763 sqft
    2018-02-01 31 days 2,783 sqft
    2018-03-01 24 days 2,772 sqft
    2018-04-01 23 days 2,920 sqft
    2018-05-01 23 days 2,876 sqft
    2018-06-01 24 days 2,769 sqft
    2018-07-01 30 days 2,709 sqft
    2018-08-01 32 days 2,628 sqft
    2018-09-01 36 days 2,592 sqft
    2018-10-01 37 days 2,494 sqft
    2018-11-01 44 days 2,467 sqft
    2018-12-01 57 days 2,459 sqft
    2019-01-01 56 days 2,465 sqft
    2019-02-01 31 days 2,477 sqft
    2019-03-01 30 days 2,523 sqft
    2019-04-01 28 days 2,581 sqft
    2019-05-01 26 days 2,568 sqft
    2019-06-01 30 days 2,561 sqft
    2019-07-01 36 days 2,510 sqft
    2019-08-01 38 days 2,476 sqft
    2019-09-01 39 days 2,441 sqft
    2019-10-01 42 days 2,418 sqft
    2019-11-01 50 days 2,401 sqft
    2019-12-01 60 days 2,307 sqft
    2020-01-01 61 days 2,539 sqft
    2020-02-01 32 days 2,859 sqft
    2020-03-01 23 days 2,766 sqft
    2020-04-01 33 days 2,677 sqft
    2020-05-01 37 days 2,699 sqft
    2020-06-01 31 days 2,515 sqft
    2020-07-01 31 days 2,410 sqft
    2020-08-01 30 days 2,259 sqft
    2020-09-01 30 days 2,134 sqft
    2020-10-01 30 days 2,015 sqft
    2020-11-01 38 days 1,922 sqft
    2020-12-01 48 days 1,893 sqft
    2021-01-01 38 days 1,871 sqft
    2021-02-01 17 days 1,939 sqft
    2021-03-01 9 days 2,029 sqft
    2021-04-01 9 days 2,170 sqft
    2021-05-01 8 days 2,203 sqft
    2021-06-01 9 days 2,260 sqft
    2021-07-01 16 days 2,269 sqft
    2021-08-01 18 days 2,218 sqft
    2021-09-01 22 days 2,205 sqft
    2021-10-01 23 days 2,240 sqft
    2021-11-01 30 days 2,223 sqft
    2021-12-01 38 days 2,198 sqft
    2022-01-01 24 days 2,186 sqft
    2022-02-01 6 days 2,203 sqft
    2022-03-01 6 days 2,275 sqft
    2022-04-01 5 days 2,299 sqft
    2022-05-01 10 days 2,460 sqft
    2022-06-01 16 days 2,431 sqft
    2022-07-01 23 days 2,376 sqft
    2022-08-01 31 days 2,327 sqft
    2022-09-01 36 days 2,303 sqft
    2022-10-01 37 days 2,298 sqft
    2022-11-01 46 days 2,285 sqft
    2022-12-01 59 days 2,250 sqft
    2023-01-01 65 days 2,261 sqft
    2023-02-01 42 days 2,315 sqft
    2023-03-01 27 days 2,374 sqft
    2023-04-01 24 days 2,449 sqft
    2023-05-01 24 days 2,448 sqft
    2023-06-01 29 days 2,486 sqft
    2023-07-01 31 days 2,481 sqft
    2023-08-01 35 days 2,408 sqft
    2023-09-01 38 days 2,321 sqft
    2023-10-01 41 days 2,285 sqft
    2023-11-01 48 days 2,243 sqft
    2023-12-01 61 days 2,158 sqft
    2024-01-01 63 days 2,091 sqft
    2024-02-01 35 days 2,095 sqft
    2024-03-01 30 days 2,140 sqft
    2024-04-01 32 days 2,178 sqft
    2024-05-01 29 days 2,191 sqft
    2024-06-01 30 days 2,202 sqft
    2024-07-01 42 days 2,198 sqft
    2024-08-01 46 days 2,162 sqft
    2024-09-01 50 days 2,128 sqft
    2024-10-01 51 days 2,107 sqft
    2024-11-01 59 days 2,059 sqft
    2024-12-01 74 days 1,987 sqft
    2025-01-01 0 days 1,950 sqft
    Denver's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Denver's median square footage for active listings during the 2025-01-01 period was 1,950 sqft. One year prior, the average listing was 2,091 sqft.