Fernley USDA Loan Rates, Closing Costs & Stats

Fernley, NV

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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.

    Fernley's 2 lenders originated 2 USDA loans during 2024. The total origination value was $660,000, with an average USDA loan value of $330,000.

    Fernley USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Fernley averaged 6.28% for the week of 2025-07-11, compared to the national average (all USDA variants) of 6.449% for the same period.

    Fernley's average USDA mortgage closing costs are $7,907.

    The average rate for the prior week (2025-07-04) was 6.29% and one month ago for the week of 2025-06-06, the average rate was 6.28%.

    The average rate one year ago was 6.47%.

    For refis of the same type during the week of 2025-07-11, the average rate was 5.97%.

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

    Fernley 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 Fernley level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 1 5.63% $15,589
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.50% $16,017

    The top Fernley USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 1 USDA loans originated. Their average total fees are $15,589, which is $429 lower than the next largest lender, PRIMELENDING, A PLAINSCAPITAL COMPANY.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Fernley (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 $303,578 (13.4%) $378,413 (17.9%) 0.00 195
    2018-02-01 $310,950 (15.4%) $394,669 (18.9%) 0.00 163
    2018-03-01 $307,900 (10.7%) $389,243 (16.4%) 0.00 170
    2018-04-01 $312,104 (11.5%) $399,396 (12.9%) 0.00 164
    2018-05-01 $309,890 (3.9%) $398,655 (6.2%) 0.00 170
    2018-06-01 $302,450 (1.3%) $393,861 (5.8%) 0.00 189
    2018-07-01 $299,900 (-4.8%) $390,705 (2.6%) 0.00 215
    2018-08-01 $297,000 (-2.0%) $384,900 (3.0%) 0.00 219
    2018-09-01 $299,250 (0.1%) $373,931 (0.9%) 0.00 245
    2018-10-01 $298,500 (-0.4%) $356,183 (-3.4%) 0.00 248
    2018-11-01 $299,625 (1.6%) $354,725 (0.6%) 0.00 221
    2018-12-01 $300,000 (3.5%) $371,852 (3.7%) 0.00 208
    2019-01-01 $304,950 (0.5%) $370,293 (-2.2%) 0.00 197
    2019-02-01 $322,425 (3.7%) $378,583 (-4.1%) 0.00 191
    2019-03-01 $330,729 (7.4%) $387,162 (-0.5%) 0.00 200
    2019-04-01 $338,500 (8.5%) $396,962 (-0.6%) 0.00 212
    2019-05-01 $338,380 (9.2%) $387,663 (-2.8%) 0.00 234
    2019-06-01 $339,759 (12.3%) $387,102 (-1.7%) 0.00 240
    2019-07-01 $340,000 (13.4%) $383,466 (-1.9%) 0.00 267
    2019-08-01 $337,695 (13.7%) $379,837 (-1.3%) 0.00 269
    2019-09-01 $334,239 (11.7%) $376,545 (0.7%) 0.00 266
    2019-10-01 $332,580 (11.4%) $375,364 (5.4%) 0.00 262
    2019-11-01 $339,000 (13.1%) $384,322 (8.3%) 0.00 241
    2019-12-01 $334,250 (11.4%) $380,317 (2.3%) 0.00 217
    2020-01-01 $334,900 (9.8%) $383,125 (3.5%) 0.00 188
    2020-02-01 $340,000 (5.5%) $386,339 (2.1%) 0.00 183
    2020-03-01 $340,825 (3.1%) $389,000 (0.5%) 0.00 187
    2020-04-01 $329,975 (-2.5%) $380,850 (-4.1%) 0.00 203
    2020-05-01 $338,799 (0.1%) $398,957 (2.9%) 0.00 174
    2020-06-01 $351,225 (3.4%) $429,693 (11.0%) 0.00 161
    2020-07-01 $362,003 (6.5%) $430,266 (12.2%) 0.00 155
    2020-08-01 $364,900 (8.1%) $428,483 (12.8%) 0.00 134
    2020-09-01 $380,269 (13.8%) $450,941 (19.8%) 0.00 125
    2020-10-01 $359,900 (8.2%) $423,960 (13.0%) 0.00 120
    2020-11-01 $355,000 (4.7%) $431,449 (12.3%) 0.00 91
    2020-12-01 $347,537 (4.0%) $425,064 (11.8%) 0.00 74
    2021-01-01 $334,900 (0.0%) $426,023 (11.2%) 0.00 63
    2021-02-01 $352,500 (3.7%) $430,285 (11.4%) 0.00 47
    2021-03-01 $332,450 (-2.5%) $436,655 (12.3%) 0.00 46
    2021-04-01 $362,475 (9.9%) $421,360 (10.6%) 0.00 77
    2021-05-01 $386,950 (14.2%) $449,503 (12.7%) 0.00 71
    2021-06-01 $414,900 (18.1%) $481,592 (12.1%) 0.00 68
    2021-07-01 $416,200 (15.0%) $503,526 (17.0%) 0.00 73
    2021-08-01 $423,725 (16.1%) $492,547 (15.0%) 0.00 112
    2021-09-01 $427,500 (12.4%) $500,405 (11.0%) 0.00 118
    2021-10-01 $419,000 (16.4%) $483,274 (14.0%) 0.00 150
    2021-11-01 $418,750 (18.0%) $477,405 (10.7%) 0.00 155
    2021-12-01 $419,000 (20.6%) $497,695 (17.1%) 0.00 125
    2022-01-01 $419,900 (25.4%) $527,266 (23.8%) 0.00 108
    2022-02-01 $429,000 (21.7%) $534,931 (24.3%) 0.00 90
    2022-03-01 $433,450 (30.4%) $535,949 (22.7%) 0.00 88
    2022-04-01 $446,000 (23.0%) $547,972 (30.1%) 0.00 115
    2022-05-01 $453,225 (17.1%) $547,941 (21.9%) 0.00 152
    2022-06-01 $439,950 (6.0%) $519,450 (7.9%) 0.00 193
    2022-07-01 $442,500 (6.3%) $514,861 (2.3%) 0.00 254
    2022-08-01 $443,725 (4.7%) $504,173 (2.4%) 0.00 287
    2022-09-01 $430,241 (0.6%) $488,131 (-2.5%) 0.00 316
    2022-10-01 $425,000 (1.4%) $490,338 (1.5%) 0.00 304
    2022-11-01 $426,000 (1.7%) $490,839 (2.8%) 0.00 279
    2022-12-01 $415,000 (-1.0%) $463,883 (-6.8%) 0.00 247
    2023-01-01 $400,000 (-4.7%) $484,208 (-8.2%) 0.00 215
    2023-02-01 $423,426 (-1.3%) $496,685 (-7.2%) 0.00 188
    2023-03-01 $435,248 (0.4%) $505,042 (-5.8%) 0.00 164
    2023-04-01 $430,000 (-3.6%) $515,834 (-5.9%) 0.00 147
    2023-05-01 $436,747 (-3.6%) $516,932 (-5.7%) 0.00 147
    2023-06-01 $438,725 (-0.3%) $487,820 (-6.1%) 0.00 153
    2023-07-01 $447,500 (1.1%) $494,372 (-4.0%) 0.00 160
    2023-08-01 $439,923 (-0.9%) $494,380 (-1.9%) 0.00 162
    2023-09-01 $444,900 (3.4%) $503,804 (3.2%) 0.00 191
    2023-10-01 $435,250 (2.4%) $498,858 (1.7%) 0.00 187
    2023-11-01 $445,000 (4.5%) $497,395 (1.3%) 0.00 188
    2023-12-01 $435,000 (4.8%) $493,950 (6.5%) 0.00 166
    2024-01-01 $446,074 (11.5%) $500,223 (3.3%) 0.00 149
    2024-02-01 $447,245 (5.6%) $502,440 (1.2%) 0.00 140
    2024-03-01 $445,079 (2.3%) $500,436 (-0.9%) 0.00 146
    2024-04-01 $436,225 (1.5%) $485,683 (-5.9%) 0.00 133
    2024-05-01 $449,000 (2.8%) $504,146 (-2.5%) 0.00 157
    2024-06-01 $435,250 (-0.8%) $493,229 (1.1%) 0.00 189
    2024-07-01 $439,950 (-1.7%) $498,678 (0.9%) 0.00 208
    2024-08-01 $449,975 (2.3%) $511,388 (3.4%) 0.00 217
    2024-09-01 $446,495 (0.4%) $527,860 (4.8%) 0.00 201
    2024-10-01 $452,438 (4.0%) $531,205 (6.5%) 0.00 218
    2024-11-01 $449,925 (1.1%) $512,269 (3.0%) 0.00 201
    2024-12-01 $447,500 (2.9%) $510,165 (3.3%) 0.00 171
    Fernley's median listing price for 2024-12-01 was $447,500, a difference of $12,500 (2.9%) versus the prior year and $-2,425 versus the prior month.

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

    Fernley's average listing price for 2024-12-01 was $510,165, a difference of $16,215 (3.3%) versus the prior year and $-2,104 versus the prior month.

    For the 2024-12-01 period, Fernley had 171 MLS listings, a difference of -30 listings (-15%) versus the prior month and 5 listings (3%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Fernley (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,930 sqft
    2018-02-01 0 days 1,997 sqft
    2018-03-01 0 days 1,930 sqft
    2018-04-01 0 days 1,930 sqft
    2018-05-01 0 days 1,912 sqft
    2018-06-01 0 days 1,850 sqft
    2018-07-01 0 days 1,826 sqft
    2018-08-01 0 days 1,822 sqft
    2018-09-01 0 days 1,815 sqft
    2018-10-01 0 days 1,825 sqft
    2018-11-01 0 days 1,830 sqft
    2018-12-01 0 days 1,844 sqft
    2019-01-01 0 days 1,832 sqft
    2019-02-01 0 days 1,876 sqft
    2019-03-01 0 days 1,891 sqft
    2019-04-01 0 days 1,915 sqft
    2019-05-01 0 days 1,887 sqft
    2019-06-01 0 days 1,912 sqft
    2019-07-01 0 days 1,906 sqft
    2019-08-01 0 days 1,880 sqft
    2019-09-01 0 days 1,841 sqft
    2019-10-01 0 days 1,814 sqft
    2019-11-01 0 days 1,877 sqft
    2019-12-01 0 days 1,870 sqft
    2020-01-01 0 days 1,837 sqft
    2020-02-01 0 days 1,835 sqft
    2020-03-01 0 days 1,870 sqft
    2020-04-01 0 days 1,795 sqft
    2020-05-01 0 days 1,814 sqft
    2020-06-01 0 days 1,917 sqft
    2020-07-01 0 days 1,946 sqft
    2020-08-01 0 days 1,864 sqft
    2020-09-01 0 days 1,968 sqft
    2020-10-01 0 days 1,860 sqft
    2020-11-01 0 days 1,800 sqft
    2020-12-01 0 days 1,752 sqft
    2021-01-01 0 days 1,663 sqft
    2021-02-01 0 days 1,665 sqft
    2021-03-01 0 days 1,606 sqft
    2021-04-01 0 days 1,675 sqft
    2021-05-01 0 days 1,708 sqft
    2021-06-01 0 days 1,824 sqft
    2021-07-01 0 days 1,844 sqft
    2021-08-01 0 days 1,838 sqft
    2021-09-01 0 days 1,903 sqft
    2021-10-01 0 days 1,786 sqft
    2021-11-01 0 days 1,749 sqft
    2021-12-01 0 days 1,747 sqft
    2022-01-01 0 days 1,750 sqft
    2022-02-01 0 days 1,718 sqft
    2022-03-01 0 days 1,713 sqft
    2022-04-01 0 days 1,768 sqft
    2022-05-01 0 days 1,851 sqft
    2022-06-01 0 days 1,821 sqft
    2022-07-01 0 days 1,846 sqft
    2022-08-01 0 days 1,814 sqft
    2022-09-01 0 days 1,749 sqft
    2022-10-01 0 days 1,749 sqft
    2022-11-01 0 days 1,786 sqft
    2022-12-01 0 days 1,755 sqft
    2023-01-01 0 days 1,753 sqft
    2023-02-01 0 days 1,797 sqft
    2023-03-01 0 days 1,807 sqft
    2023-04-01 0 days 1,797 sqft
    2023-05-01 0 days 1,802 sqft
    2023-06-01 0 days 1,825 sqft
    2023-07-01 0 days 1,850 sqft
    2023-08-01 0 days 1,823 sqft
    2023-09-01 0 days 1,839 sqft
    2023-10-01 0 days 1,834 sqft
    2023-11-01 0 days 1,817 sqft
    2023-12-01 0 days 1,911 sqft
    2024-01-01 0 days 1,905 sqft
    2024-02-01 0 days 1,932 sqft
    2024-03-01 0 days 1,903 sqft
    2024-04-01 0 days 1,872 sqft
    2024-05-01 0 days 1,856 sqft
    2024-06-01 0 days 1,815 sqft
    2024-07-01 0 days 1,781 sqft
    2024-08-01 0 days 1,815 sqft
    2024-09-01 0 days 1,820 sqft
    2024-10-01 0 days 1,828 sqft
    2024-11-01 0 days 1,844 sqft
    2024-12-01 0 days 1,816 sqft
    Fernley's median listing age (time on market) for 2024-12-01 was 0 days.

    Fernley's median square footage for active listings during the 2024-12-01 period was 1,816 sqft. One year prior, the average listing was 1,911 sqft.