Española USDA Loan Rates, Closing Costs & Stats

Española, NM

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Española's 1 lenders originated 1 USDA loans during 2023. The total origination value was $205,000, with an average USDA loan value of $205,000.

    Española USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Española averaged 6.65% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Española's average USDA mortgage closing costs are $7,411.

    The average rate for the prior week (2025-02-07) was 6.51% and one month ago for the week of 2025-01-10, the average rate was 6.45%.

    The average rate one year ago was 6.75%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.73%.

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

    Española 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 Española level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GENEVA FINANCIAL, LLC 1 7.00% $7,249

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Española (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 $289,000 (16.1%) $389,279 (-8.8%) 0.00 158
    2018-02-01 $274,500 (19.9%) $396,636 (-3.0%) 0.00 150
    2018-03-01 $275,000 (20.9%) $397,518 (-1.7%) 0.00 147
    2018-04-01 $290,000 (19.8%) $453,392 (11.0%) 0.00 144
    2018-05-01 $289,000 (15.8%) $481,914 (15.0%) 0.00 160
    2018-06-01 $299,000 (19.8%) $501,270 (24.0%) 0.00 172
    2018-07-01 $299,900 (16.0%) $518,994 (31.5%) 0.00 170
    2018-08-01 $299,900 (22.4%) $504,333 (34.6%) 0.00 178
    2018-09-01 $299,450 (18.1%) $493,819 (34.7%) 0.00 192
    2018-10-01 $298,450 (11.7%) $484,906 (28.7%) 0.00 187
    2018-11-01 $297,225 (8.1%) $483,901 (30.5%) 0.00 182
    2018-12-01 $297,000 (2.8%) $486,240 (27.4%) 0.00 179
    2019-01-01 $293,750 (1.6%) $502,253 (29.0%) 0.00 167
    2019-02-01 $287,250 (4.6%) $535,801 (35.1%) 0.00 167
    2019-03-01 $279,957 (1.8%) $545,994 (37.4%) 0.00 163
    2019-04-01 $278,675 (-3.9%) $559,934 (23.5%) 0.00 161
    2019-05-01 $284,500 (-1.6%) $558,373 (15.9%) 0.00 166
    2019-06-01 $295,000 (-1.3%) $568,049 (13.3%) 0.00 175
    2019-07-01 $299,900 (0.0%) $581,585 (12.1%) 0.00 175
    2019-08-01 $299,777 (0.0%) $608,211 (20.6%) 0.00 177
    2019-09-01 $299,593 (0.1%) $639,202 (29.4%) 0.00 176
    2019-10-01 $304,745 (2.1%) $667,298 (37.6%) 0.00 173
    2019-11-01 $302,450 (1.8%) $682,398 (41.0%) 0.00 154
    2019-12-01 $292,500 (-1.5%) $670,139 (37.8%) 0.00 145
    2020-01-01 $285,000 (-3.0%) $625,901 (24.6%) 0.00 133
    2020-02-01 $282,500 (-1.7%) $551,071 (2.9%) 0.00 129
    2020-03-01 $279,000 (-0.3%) $554,213 (1.5%) 0.00 136
    2020-04-01 $275,000 (-1.3%) $524,609 (-6.3%) 0.00 133
    2020-05-01 $279,500 (-1.8%) $542,476 (-2.9%) 0.00 138
    2020-06-01 $309,675 (5.0%) $582,790 (2.6%) 0.00 123
    2020-07-01 $298,450 (-0.5%) $579,211 (-0.4%) 0.00 123
    2020-08-01 $350,000 (16.8%) $648,539 (6.6%) 0.00 120
    2020-09-01 $334,250 (11.6%) $654,270 (2.4%) 0.00 116
    2020-10-01 $325,000 (6.7%) $683,315 (2.4%) 0.00 107
    2020-11-01 $316,225 (4.6%) $716,564 (5.0%) 0.00 100
    2020-12-01 $325,000 (11.1%) $741,457 (10.6%) 0.00 96
    2021-01-01 $327,950 (15.1%) $724,468 (15.8%) 0.00 83
    2021-02-01 $344,975 (22.1%) $789,605 (43.3%) 0.00 73
    2021-03-01 $377,500 (35.3%) $846,629 (52.8%) 0.00 62
    2021-04-01 $363,000 (32.0%) $888,398 (69.3%) 0.00 60
    2021-05-01 $365,000 (30.6%) $879,184 (62.1%) 0.00 60
    2021-06-01 $396,250 (28.0%) $936,529 (60.7%) 0.00 60
    2021-07-01 $371,500 (24.5%) $927,181 (60.1%) 0.00 64
    2021-08-01 $463,750 (32.5%) $1,037,846 (60.0%) 0.00 66
    2021-09-01 $482,500 (44.4%) $947,938 (44.9%) 0.00 71
    2021-10-01 $485,000 (49.2%) $1,232,782 (80.4%) 0.00 73
    2021-11-01 $564,999 (78.7%) $1,363,899 (90.3%) 0.00 61
    2021-12-01 $564,750 (73.8%) $1,338,325 (80.5%) 0.00 56
    2022-01-01 $524,500 (59.9%) $1,473,592 (103.4%) 0.00 48
    2022-02-01 $549,000 (59.1%) $1,416,978 (79.5%) 0.00 49
    2022-03-01 $543,500 (44.0%) $1,456,643 (72.1%) 0.00 48
    2022-04-01 $572,000 (57.6%) $1,850,100 (108.3%) 0.00 45
    2022-05-01 $601,000 (64.7%) $1,555,028 (76.9%) 0.00 56
    2022-06-01 $547,450 (38.2%) $1,298,480 (38.7%) 0.00 65
    2022-07-01 $590,000 (58.8%) $1,159,710 (25.1%) 0.00 67
    2022-08-01 $587,500 (26.7%) $1,123,202 (8.2%) 0.00 72
    2022-09-01 $499,500 (3.5%) $1,064,697 (12.3%) 0.00 71
    2022-10-01 $475,000 (-2.1%) $982,276 (-20.3%) 0.00 80
    2022-11-01 $446,000 (-21.1%) $990,491 (-27.4%) 0.00 79
    2022-12-01 $445,000 (-21.2%) $950,460 (-29.0%) 0.00 79
    2023-01-01 $461,163 (-12.1%) $984,691 (-33.2%) 0.00 72
    2023-02-01 $452,000 (-17.7%) $801,795 (-43.4%) 0.00 65
    2023-03-01 $432,000 (-20.5%) $781,015 (-46.4%) 0.00 63
    2023-04-01 $360,000 (-37.1%) $841,413 (-54.5%) 0.00 52
    2023-05-01 $439,500 (-26.9%) $942,313 (-39.4%) 0.00 62
    2023-06-01 $465,500 (-15.0%) $914,321 (-29.6%) 0.00 70
    2023-07-01 $499,500 (-15.3%) $906,159 (-21.9%) 0.00 70
    2023-08-01 $546,000 (-7.1%) $1,016,842 (-9.5%) 0.00 75
    2023-09-01 $517,250 (3.6%) $919,181 (-13.7%) 0.00 75
    2023-10-01 $485,625 (2.2%) $907,048 (-7.7%) 0.00 69
    2023-11-01 $496,000 (11.2%) $921,549 (-7.0%) 0.00 69
    2023-12-01 $499,000 (12.1%) $868,001 (-8.7%) 0.00 68
    2024-01-01 $499,000 (8.2%) $918,974 (-6.7%) 0.00 57
    2024-02-01 $499,450 (10.5%) $915,991 (14.2%) 0.00 59
    2024-03-01 $525,000 (21.5%) $895,614 (14.7%) 0.00 59
    2024-04-01 $514,500 (42.9%) $916,394 (8.9%) 0.00 59
    2024-05-01 $459,725 (4.6%) $698,596 (-25.9%) 0.00 63
    2024-06-01 $449,000 (-3.5%) $726,918 (-20.5%) 0.00 79
    2024-07-01 $469,875 (-5.9%) $755,513 (-16.6%) 0.00 92
    2024-08-01 $492,000 (-9.9%) $876,873 (-13.8%) 0.00 99
    2024-09-01 $499,000 (-3.5%) $887,038 (-3.5%) 0.00 100
    2024-10-01 $497,450 (2.4%) $930,213 (2.6%) 0.00 102
    2024-11-01 $532,500 (7.4%) $1,097,755 (19.1%) 0.00 96
    2024-12-01 $508,750 (2.0%) $1,163,254 (34.0%) 0.00 90
    2025-01-01 $522,375 (4.7%) $991,928 (7.9%) 0.00 89
    Española's median listing price for 2025-01-01 was $522,375, a difference of $23,375 (4.7%) versus the prior year and $13,625 versus the prior month.

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

    Española's average listing price for 2025-01-01 was $991,928, a difference of $72,954 (7.9%) versus the prior year and $-171,326 versus the prior month.

    For the 2025-01-01 period, Española had 89 MLS listings, a difference of -1 listings (-1%) versus the prior month and 32 listings (56%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Española (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,339 sqft
    2018-02-01 0 days 2,334 sqft
    2018-03-01 0 days 2,310 sqft
    2018-04-01 0 days 2,368 sqft
    2018-05-01 0 days 2,400 sqft
    2018-06-01 0 days 2,403 sqft
    2018-07-01 0 days 2,662 sqft
    2018-08-01 0 days 2,452 sqft
    2018-09-01 0 days 2,400 sqft
    2018-10-01 0 days 2,400 sqft
    2018-11-01 0 days 2,397 sqft
    2018-12-01 0 days 2,286 sqft
    2019-01-01 0 days 2,290 sqft
    2019-02-01 0 days 2,326 sqft
    2019-03-01 0 days 2,304 sqft
    2019-04-01 0 days 2,275 sqft
    2019-05-01 0 days 2,324 sqft
    2019-06-01 0 days 2,400 sqft
    2019-07-01 0 days 2,403 sqft
    2019-08-01 0 days 2,404 sqft
    2019-09-01 0 days 2,402 sqft
    2019-10-01 0 days 2,400 sqft
    2019-11-01 0 days 2,320 sqft
    2019-12-01 0 days 2,270 sqft
    2020-01-01 0 days 2,268 sqft
    2020-02-01 0 days 2,265 sqft
    2020-03-01 0 days 2,278 sqft
    2020-04-01 0 days 2,278 sqft
    2020-05-01 0 days 2,265 sqft
    2020-06-01 0 days 2,265 sqft
    2020-07-01 0 days 2,268 sqft
    2020-08-01 0 days 2,334 sqft
    2020-09-01 0 days 2,377 sqft
    2020-10-01 0 days 2,500 sqft
    2020-11-01 0 days 2,420 sqft
    2020-12-01 0 days 2,377 sqft
    2021-01-01 0 days 2,534 sqft
    2021-02-01 0 days 2,537 sqft
    2021-03-01 0 days 2,539 sqft
    2021-04-01 0 days 2,616 sqft
    2021-05-01 0 days 2,241 sqft
    2021-06-01 0 days 2,597 sqft
    2021-07-01 0 days 2,607 sqft
    2021-08-01 0 days 2,750 sqft
    2021-09-01 0 days 2,835 sqft
    2021-10-01 0 days 2,914 sqft
    2021-11-01 0 days 2,931 sqft
    2021-12-01 0 days 3,127 sqft
    2022-01-01 0 days 2,580 sqft
    2022-02-01 0 days 2,588 sqft
    2022-03-01 0 days 2,375 sqft
    2022-04-01 0 days 2,550 sqft
    2022-05-01 0 days 2,656 sqft
    2022-06-01 0 days 2,417 sqft
    2022-07-01 0 days 2,232 sqft
    2022-08-01 0 days 2,208 sqft
    2022-09-01 0 days 2,128 sqft
    2022-10-01 0 days 2,047 sqft
    2022-11-01 0 days 2,000 sqft
    2022-12-01 0 days 2,000 sqft
    2023-01-01 0 days 2,001 sqft
    2023-02-01 0 days 1,943 sqft
    2023-03-01 0 days 1,920 sqft
    2023-04-01 0 days 2,001 sqft
    2023-05-01 0 days 2,119 sqft
    2023-06-01 0 days 2,063 sqft
    2023-07-01 0 days 2,000 sqft
    2023-08-01 0 days 2,022 sqft
    2023-09-01 0 days 2,014 sqft
    2023-10-01 0 days 2,000 sqft
    2023-11-01 0 days 2,004 sqft
    2023-12-01 0 days 2,073 sqft
    2024-01-01 0 days 2,169 sqft
    2024-02-01 0 days 2,496 sqft
    2024-03-01 0 days 2,228 sqft
    2024-04-01 0 days 2,225 sqft
    2024-05-01 0 days 1,960 sqft
    2024-06-01 0 days 1,947 sqft
    2024-07-01 0 days 2,079 sqft
    2024-08-01 0 days 2,050 sqft
    2024-09-01 0 days 2,104 sqft
    2024-10-01 0 days 2,109 sqft
    2024-11-01 0 days 2,300 sqft
    2024-12-01 0 days 2,280 sqft
    2025-01-01 0 days 2,272 sqft
    Española's median listing age (time on market) for 2025-01-01 was 0 days.

    Española's median square footage for active listings during the 2025-01-01 period was 2,272 sqft. One year prior, the average listing was 2,169 sqft.