El Dorado USDA Loan Rates, Closing Costs & Stats

El Dorado, AR

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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.

    El Dorado's 9 lenders originated 38 USDA loans during 2023. The total origination value was $5,200,000, with an average USDA loan value of $136,842.

    El Dorado USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in El Dorado averaged -0.04% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

    El Dorado's average USDA mortgage closing costs are $3,711.

    The average rate for the prior week (2024-11-08) was 6.51% and one month ago for the week of 2024-10-11, the average rate was 6.08%.

    The average rate one year ago was 7.5%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0%.

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

    El Dorado 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 El Dorado level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    EVERETT FINANCIAL, INC. 17 6.77% $5,387
    FirstTrust Home Loans, Inc. 5 6.58% $6,306
    UNITED WHOLESALE MORTGAGE, LLC 4 6.44% $5,132
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 4 7.03% $5,200
    BancorpSouth 2 6.44% $4,242
    Simmons Bank 2 7.31% $3,789
    Equity Prime Mortgage LLC 2 6.81% $4,945
    Renasant Bank 1 6.88% $5,170
    Trustmark National Bank 1 6.63% $6,013

    The top El Dorado USDA lender as defined by loan originations is EVERETT FINANCIAL, INC., with 17 USDA loans originated. Their average total fees are $5,387, which is $919 lower than the next largest lender, FirstTrust Home Loans, Inc..

    The lowest fee El Dorado USDA lenders (with over 10 loans originated) are EVERETT FINANCIAL, INC. ($5,387), .

    The lowest rate El Dorado USDA lenders (with over 10 loans originated) are EVERETT FINANCIAL, INC. (6.77%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - El Dorado (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 $93,250 (-6.2%) $163,006 (13.4%) 0.00 154
    2018-02-01 $108,550 (-5.8%) $177,567 (17.6%) 0.00 160
    2018-03-01 $114,750 (-4.1%) $173,371 (14.4%) 0.00 155
    2018-04-01 $109,925 (-7.8%) $167,479 (13.0%) 0.00 152
    2018-05-01 $110,450 (-1.8%) $171,082 (15.9%) 0.00 152
    2018-06-01 $131,400 (13.8%) $179,825 (18.7%) 0.00 148
    2018-07-01 $144,900 (13.7%) $185,960 (14.0%) 0.00 157
    2018-08-01 $147,500 (18.1%) $191,120 (15.1%) 0.00 165
    2018-09-01 $149,500 (31.3%) $197,587 (23.0%) 0.00 160
    2018-10-01 $154,950 (32.4%) $197,504 (18.7%) 0.00 154
    2018-11-01 $156,400 (53.2%) $198,854 (25.9%) 0.00 153
    2018-12-01 $149,500 (40.7%) $195,321 (21.0%) 0.00 146
    2019-01-01 $149,500 (60.3%) $200,524 (23.0%) 0.00 140
    2019-02-01 $157,325 (44.9%) $213,430 (20.2%) 0.00 147
    2019-03-01 $161,014 (40.3%) $216,415 (24.8%) 0.00 145
    2019-04-01 $163,750 (49.0%) $219,111 (30.8%) 0.00 136
    2019-05-01 $177,450 (60.7%) $228,451 (33.5%) 0.00 127
    2019-06-01 $170,900 (30.1%) $221,197 (23.0%) 0.00 136
    2019-07-01 $164,700 (13.7%) $209,795 (12.8%) 0.00 140
    2019-08-01 $166,077 (12.6%) $207,050 (8.3%) 0.00 131
    2019-09-01 $168,143 (12.5%) $208,376 (5.5%) 0.00 128
    2019-10-01 $169,625 (9.5%) $209,186 (5.9%) 0.00 126
    2019-11-01 $167,250 (6.9%) $209,452 (5.3%) 0.00 130
    2019-12-01 $157,750 (5.5%) $208,216 (6.6%) 0.00 123
    2020-01-01 $149,625 (0.1%) $210,095 (4.8%) 0.00 114
    2020-02-01 $147,250 (-6.4%) $212,190 (-0.6%) 0.00 110
    2020-03-01 $146,125 (-9.3%) $215,142 (-0.6%) 0.00 113
    2020-04-01 $147,250 (-10.1%) $209,869 (-4.2%) 0.00 108
    2020-05-01 $135,000 (-23.9%) $209,850 (-8.1%) 0.00 105
    2020-06-01 $160,000 (-6.4%) $240,843 (8.9%) 0.00 114
    2020-07-01 $178,450 (8.4%) $254,934 (21.5%) 0.00 111
    2020-08-01 $189,900 (14.3%) $256,814 (24.0%) 0.00 115
    2020-09-01 $216,100 (28.5%) $275,385 (32.2%) 0.00 104
    2020-10-01 $222,200 (31.0%) $273,856 (30.9%) 0.00 100
    2020-11-01 $216,000 (29.2%) $269,948 (28.9%) 0.00 86
    2020-12-01 $194,750 (23.5%) $264,571 (27.1%) 0.00 78
    2021-01-01 $182,900 (22.2%) $247,120 (17.6%) 0.00 77
    2021-02-01 $182,700 (24.1%) $230,524 (8.6%) 0.00 74
    2021-03-01 $182,700 (25.0%) $233,633 (8.6%) 0.00 63
    2021-04-01 $197,450 (34.1%) $238,126 (13.5%) 0.00 66
    2021-05-01 $183,700 (36.1%) $250,837 (19.5%) 0.00 69
    2021-06-01 $180,650 (12.9%) $259,997 (8.0%) 0.00 69
    2021-07-01 $195,000 (9.3%) $266,781 (4.7%) 0.00 54
    2021-08-01 $195,000 (2.7%) $273,786 (6.6%) 0.00 56
    2021-09-01 $193,225 (-10.6%) $283,290 (2.9%) 0.00 49
    2021-10-01 $195,000 (-12.2%) $269,355 (-1.6%) 0.00 57
    2021-11-01 $181,175 (-16.1%) $247,599 (-8.3%) 0.00 61
    2021-12-01 $177,450 (-8.9%) $257,555 (-2.7%) 0.00 48
    2022-01-01 $177,450 (-3.0%) $278,159 (12.6%) 0.00 38
    2022-02-01 $163,750 (-10.4%) $278,235 (20.7%) 0.00 48
    2022-03-01 $172,425 (-5.6%) $271,389 (16.2%) 0.00 45
    2022-04-01 $179,500 (-9.1%) $276,787 (16.2%) 0.00 40
    2022-05-01 $193,625 (5.4%) $265,426 (5.8%) 0.00 45
    2022-06-01 $194,000 (7.4%) $260,310 (0.1%) 0.00 50
    2022-07-01 $185,000 (-5.1%) $265,804 (-0.4%) 0.00 54
    2022-08-01 $203,375 (4.3%) $247,648 (-9.6%) 0.00 63
    2022-09-01 $202,250 (4.7%) $241,902 (-14.6%) 0.00 64
    2022-10-01 $199,000 (2.1%) $235,321 (-12.6%) 0.00 68
    2022-11-01 $193,125 (6.6%) $243,537 (-1.6%) 0.00 75
    2022-12-01 $188,000 (6.0%) $237,052 (-8.0%) 0.00 78
    2023-01-01 $193,125 (8.8%) $250,096 (-10.1%) 0.00 70
    2023-02-01 $180,000 (9.9%) $253,800 (-8.8%) 0.00 67
    2023-03-01 $171,175 (-0.7%) $253,169 (-6.7%) 0.00 73
    2023-04-01 $150,000 (-16.4%) $239,027 (-13.6%) 0.00 78
    2023-05-01 $145,000 (-25.1%) $238,301 (-10.2%) 0.00 71
    2023-06-01 $159,250 (-17.9%) $242,705 (-6.8%) 0.00 75
    2023-07-01 $169,000 (-8.7%) $252,959 (-4.8%) 0.00 71
    2023-08-01 $198,100 (-2.6%) $241,375 (-2.5%) 0.00 76
    2023-09-01 $180,450 (-10.8%) $215,850 (-10.8%) 0.00 71
    2023-10-01 $175,675 (-11.7%) $213,026 (-9.5%) 0.00 88
    2023-11-01 $162,675 (-15.8%) $211,116 (-13.3%) 0.00 52
    2023-12-01 $192,400 (2.3%) $240,185 (1.3%) 0.00 53
    2024-01-01 $197,700 (2.4%) $249,906 (-0.1%) 0.00 50
    2024-02-01 $209,175 (16.2%) $252,948 (-0.3%) 0.00 56
    2024-03-01 $202,450 (18.3%) $251,046 (-0.8%) 0.00 57
    2024-04-01 $205,000 (36.7%) $238,740 (-0.1%) 0.00 67
    2024-05-01 $237,950 (64.1%) $263,662 (10.6%) 0.00 66
    2024-06-01 $236,000 (48.2%) $263,096 (8.4%) 0.00 61
    2024-07-01 $229,000 (35.5%) $263,205 (4.1%) 0.00 68
    2024-08-01 $214,950 (8.5%) $253,209 (4.9%) 0.00 67
    2024-09-01 $212,475 (17.8%) $247,413 (14.6%) 0.00 86
    2024-10-01 $231,000 (31.5%) $256,707 (20.5%) 0.00 81
    El Dorado's median listing price for 2024-10-01 was $231,000, a difference of $55,325 (31.5%) versus the prior year and $18,525 versus the prior month.

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

    El Dorado's average listing price for 2024-10-01 was $256,707, a difference of $43,681 (20.5%) versus the prior year and $9,294 versus the prior month.

    For the 2024-10-01 period, El Dorado had 81 MLS listings, a difference of -5 listings (-6%) versus the prior month and -7 listings (-8%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - El Dorado (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,075 sqft
    2018-02-01 0 days 2,182 sqft
    2018-03-01 0 days 2,050 sqft
    2018-04-01 0 days 1,968 sqft
    2018-05-01 0 days 2,001 sqft
    2018-06-01 0 days 2,075 sqft
    2018-07-01 0 days 2,250 sqft
    2018-08-01 0 days 2,212 sqft
    2018-09-01 0 days 2,097 sqft
    2018-10-01 0 days 2,278 sqft
    2018-11-01 0 days 2,297 sqft
    2018-12-01 0 days 2,128 sqft
    2019-01-01 0 days 2,127 sqft
    2019-02-01 0 days 2,178 sqft
    2019-03-01 0 days 2,209 sqft
    2019-04-01 0 days 2,244 sqft
    2019-05-01 0 days 2,332 sqft
    2019-06-01 0 days 2,207 sqft
    2019-07-01 0 days 2,188 sqft
    2019-08-01 0 days 2,200 sqft
    2019-09-01 0 days 2,248 sqft
    2019-10-01 0 days 2,256 sqft
    2019-11-01 0 days 2,122 sqft
    2019-12-01 0 days 2,043 sqft
    2020-01-01 0 days 2,041 sqft
    2020-02-01 0 days 2,008 sqft
    2020-03-01 0 days 2,010 sqft
    2020-04-01 0 days 1,985 sqft
    2020-05-01 0 days 1,912 sqft
    2020-06-01 0 days 2,063 sqft
    2020-07-01 0 days 2,181 sqft
    2020-08-01 0 days 2,198 sqft
    2020-09-01 0 days 2,438 sqft
    2020-10-01 0 days 2,473 sqft
    2020-11-01 0 days 2,404 sqft
    2020-12-01 0 days 2,330 sqft
    2021-01-01 0 days 2,078 sqft
    2021-02-01 0 days 2,044 sqft
    2021-03-01 0 days 2,097 sqft
    2021-04-01 0 days 2,092 sqft
    2021-05-01 0 days 2,002 sqft
    2021-06-01 0 days 1,994 sqft
    2021-07-01 0 days 2,314 sqft
    2021-08-01 0 days 2,143 sqft
    2021-09-01 0 days 2,245 sqft
    2021-10-01 0 days 2,131 sqft
    2021-11-01 0 days 2,084 sqft
    2021-12-01 0 days 2,190 sqft
    2022-01-01 0 days 2,247 sqft
    2022-02-01 0 days 2,264 sqft
    2022-03-01 0 days 2,197 sqft
    2022-04-01 0 days 2,079 sqft
    2022-05-01 0 days 2,087 sqft
    2022-06-01 0 days 2,094 sqft
    2022-07-01 0 days 1,976 sqft
    2022-08-01 0 days 2,021 sqft
    2022-09-01 0 days 2,058 sqft
    2022-10-01 0 days 2,019 sqft
    2022-11-01 0 days 1,966 sqft
    2022-12-01 0 days 1,946 sqft
    2023-01-01 0 days 2,010 sqft
    2023-02-01 0 days 1,971 sqft
    2023-03-01 0 days 1,958 sqft
    2023-04-01 0 days 1,848 sqft
    2023-05-01 0 days 1,908 sqft
    2023-06-01 0 days 2,001 sqft
    2023-07-01 0 days 2,261 sqft
    2023-08-01 0 days 2,157 sqft
    2023-09-01 0 days 2,104 sqft
    2023-10-01 0 days 2,111 sqft
    2023-11-01 0 days 1,979 sqft
    2023-12-01 0 days 2,102 sqft
    2024-01-01 0 days 2,103 sqft
    2024-02-01 0 days 2,198 sqft
    2024-03-01 0 days 2,210 sqft
    2024-04-01 0 days 2,114 sqft
    2024-05-01 0 days 2,169 sqft
    2024-06-01 0 days 2,128 sqft
    2024-07-01 0 days 1,982 sqft
    2024-08-01 0 days 1,947 sqft
    2024-09-01 0 days 2,046 sqft
    2024-10-01 0 days 2,166 sqft
    El Dorado's median listing age (time on market) for 2024-10-01 was 0 days.

    El Dorado's median square footage for active listings during the 2024-10-01 period was 2,166 sqft. One year prior, the average listing was 2,111 sqft.