Flagstaff USDA Loan Rates, Closing Costs & Stats
FLAGSTAFF, AZ
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.
Flagstaff's 1 lenders originated 2 USDA loans during 2023. The total origination value was $520,000, with an average USDA loan value of $260,000.
Flagstaff USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Flagstaff
averaged
7.1%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Flagstaff's average USDA mortgage closing costs are $7,071.
The average rate for the prior week (2024-04-12) was
6.75% and
one month ago for the week of 2024-03-15, the
average rate was 6.64%.
The average rate one year ago was 6.67%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.99%.
Flagstaff 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 Flagstaff level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| STARBOARD FINANCIAL MANAGEMENT, LLC | 2 | 6.31% | $7,457 |
The lowest fee Flagstaff USDA lenders (with over 10 loans originated) are
.
The lowest rate Flagstaff USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Flagstaff (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 | $495,342 (5.4%) | $656,228 (-3.8%) | 0.00 | 510 |
| 2018-02-01 | $518,000 (9.1%) | $666,948 (-3.4%) | 0.00 | 516 |
| 2018-03-01 | $499,000 (5.1%) | $683,634 (-0.2%) | 0.00 | 540 |
| 2018-04-01 | $502,725 (7.2%) | $683,814 (3.8%) | 0.00 | 581 |
| 2018-05-01 | $499,000 (2.9%) | $662,935 (0.2%) | 0.00 | 626 |
| 2018-06-01 | $485,000 (5.6%) | $647,319 (0.3%) | 0.00 | 731 |
| 2018-07-01 | $471,350 (4.8%) | $636,095 (0.3%) | 0.00 | 780 |
| 2018-08-01 | $456,250 (1.4%) | $622,870 (-1.4%) | 0.00 | 782 |
| 2018-09-01 | $450,000 (-1.1%) | $614,662 (-5.9%) | 0.00 | 785 |
| 2018-10-01 | $449,225 (-3.6%) | $599,006 (-10.7%) | 0.00 | 751 |
| 2018-11-01 | $451,225 (-8.3%) | $602,100 (-12.4%) | 0.00 | 695 |
| 2018-12-01 | $450,000 (-10.8%) | $609,854 (-9.4%) | 0.00 | 601 |
| 2019-01-01 | $449,375 (-9.3%) | $608,426 (-7.3%) | 0.00 | 558 |
| 2019-02-01 | $459,000 (-11.4%) | $635,858 (-4.7%) | 0.00 | 545 |
| 2019-03-01 | $463,514 (-7.1%) | $659,822 (-3.5%) | 0.00 | 567 |
| 2019-04-01 | $455,392 (-9.4%) | $646,919 (-5.4%) | 0.00 | 614 |
| 2019-05-01 | $449,938 (-9.8%) | $634,303 (-4.3%) | 0.00 | 686 |
| 2019-06-01 | $438,000 (-9.7%) | $626,803 (-3.2%) | 0.00 | 731 |
| 2019-07-01 | $436,750 (-7.3%) | $619,251 (-2.7%) | 0.00 | 788 |
| 2019-08-01 | $440,545 (-3.4%) | $622,641 (0.0%) | 0.00 | 758 |
| 2019-09-01 | $445,864 (-0.9%) | $630,968 (2.7%) | 0.00 | 710 |
| 2019-10-01 | $450,000 (0.2%) | $639,753 (6.8%) | 0.00 | 671 |
| 2019-11-01 | $468,900 (3.9%) | $644,205 (7.0%) | 0.00 | 582 |
| 2019-12-01 | $484,753 (7.7%) | $662,456 (8.6%) | 0.00 | 486 |
| 2020-01-01 | $479,625 (6.7%) | $659,922 (8.5%) | 0.00 | 399 |
| 2020-02-01 | $509,000 (10.9%) | $692,135 (8.9%) | 0.00 | 368 |
| 2020-03-01 | $535,200 (15.5%) | $688,957 (4.4%) | 0.00 | 418 |
| 2020-04-01 | $517,250 (13.6%) | $663,608 (2.6%) | 0.00 | 480 |
| 2020-05-01 | $515,000 (14.5%) | $656,921 (3.6%) | 0.00 | 461 |
| 2020-06-01 | $491,975 (12.3%) | $649,732 (3.7%) | 0.00 | 407 |
| 2020-07-01 | $486,750 (11.5%) | $643,642 (3.9%) | 0.00 | 362 |
| 2020-08-01 | $535,000 (21.4%) | $680,410 (9.3%) | 0.00 | 279 |
| 2020-09-01 | $557,475 (25.0%) | $715,009 (13.3%) | 0.00 | 216 |
| 2020-10-01 | $564,000 (25.3%) | $766,520 (19.8%) | 0.00 | 180 |
| 2020-11-01 | $586,250 (25.0%) | $796,066 (23.6%) | 0.00 | 153 |
| 2020-12-01 | $575,250 (18.7%) | $762,840 (15.2%) | 0.00 | 129 |
| 2021-01-01 | $643,750 (34.2%) | $810,820 (22.9%) | 0.00 | 113 |
| 2021-02-01 | $635,975 (25.0%) | $820,442 (18.5%) | 0.00 | 109 |
| 2021-03-01 | $614,750 (14.9%) | $832,349 (20.8%) | 0.00 | 109 |
| 2021-04-01 | $637,450 (23.2%) | $834,230 (25.7%) | 0.00 | 148 |
| 2021-05-01 | $635,000 (23.3%) | $851,437 (29.6%) | 0.00 | 178 |
| 2021-06-01 | $649,900 (32.1%) | $854,033 (31.4%) | 0.00 | 217 |
| 2021-07-01 | $633,750 (30.2%) | $883,947 (37.3%) | 0.00 | 228 |
| 2021-08-01 | $646,000 (20.8%) | $895,640 (31.6%) | 0.00 | 239 |
| 2021-09-01 | $639,675 (14.8%) | $928,515 (29.9%) | 0.00 | 239 |
| 2021-10-01 | $650,000 (15.3%) | $962,107 (25.5%) | 0.00 | 180 |
| 2021-11-01 | $681,725 (16.3%) | $1,032,774 (29.7%) | 0.00 | 168 |
| 2021-12-01 | $645,475 (12.2%) | $993,386 (30.2%) | 0.00 | 153 |
| 2022-01-01 | $672,450 (4.5%) | $1,048,538 (29.3%) | 0.00 | 134 |
| 2022-02-01 | $674,611 (6.1%) | $1,039,074 (26.7%) | 0.00 | 128 |
| 2022-03-01 | $697,450 (13.5%) | $952,519 (14.4%) | 0.00 | 134 |
| 2022-04-01 | $715,000 (12.2%) | $953,887 (14.3%) | 0.00 | 192 |
| 2022-05-01 | $729,975 (15.0%) | $971,860 (14.1%) | 0.00 | 282 |
| 2022-06-01 | $725,000 (11.6%) | $964,538 (12.9%) | 0.00 | 389 |
| 2022-07-01 | $700,000 (10.5%) | $936,683 (6.0%) | 0.00 | 467 |
| 2022-08-01 | $718,875 (11.3%) | $964,247 (7.7%) | 0.00 | 437 |
| 2022-09-01 | $734,500 (14.8%) | $945,346 (1.8%) | 0.00 | 399 |
| 2022-10-01 | $750,000 (15.4%) | $984,791 (2.4%) | 0.00 | 412 |
| 2022-11-01 | $739,000 (8.4%) | $981,848 (-4.9%) | 0.00 | 365 |
| 2022-12-01 | $715,000 (10.8%) | $980,094 (-1.3%) | 0.00 | 331 |
| 2023-01-01 | $745,500 (10.9%) | $1,048,913 (0.0%) | 0.00 | 280 |
| 2023-02-01 | $738,250 (9.4%) | $1,087,352 (4.7%) | 0.00 | 276 |
| 2023-03-01 | $738,500 (5.9%) | $1,089,654 (14.4%) | 0.00 | 257 |
| 2023-04-01 | $732,500 (2.5%) | $1,134,335 (18.9%) | 0.00 | 279 |
| 2023-05-01 | $758,750 (3.9%) | $1,149,996 (18.3%) | 0.00 | 353 |
| 2023-06-01 | $735,000 (1.4%) | $1,074,734 (11.4%) | 0.00 | 399 |
| 2023-07-01 | $734,000 (4.9%) | $1,071,476 (14.4%) | 0.00 | 433 |
| 2023-08-01 | $714,950 (-0.6%) | $1,046,521 (8.5%) | 0.00 | 463 |
| 2023-09-01 | $722,030 (-1.7%) | $1,083,966 (14.7%) | 0.00 | 453 |
| 2023-10-01 | $733,500 (-2.2%) | $1,038,779 (5.5%) | 0.00 | 450 |
| 2023-11-01 | $735,000 (-0.5%) | $1,087,357 (10.8%) | 0.00 | 418 |
| 2023-12-01 | $740,000 (3.5%) | $1,096,642 (11.9%) | 0.00 | 359 |
| 2024-01-01 | $740,000 (-0.7%) | $1,077,223 (2.7%) | 0.00 | 306 |
| 2024-02-01 | $741,200 (0.4%) | $1,077,076 (-1.0%) | 0.00 | 301 |
| 2024-03-01 | $750,000 (1.6%) | $1,125,336 (3.3%) | 0.00 | 336 |
Flagstaff's median listing price comes in at 0% of the national average.
Flagstaff's average listing price for 2024-03-01 was $1,125,336, a difference of $35,682 (3.3%) versus the prior year and $48,260 versus the prior month.
For the 2024-03-01 period, Flagstaff had 336 MLS listings, a difference of 35 listings (12%) versus the prior month and 79 listings (31%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Flagstaff (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,412 sqft |
| 2018-02-01 | 0 days | 2,426 sqft |
| 2018-03-01 | 0 days | 2,441 sqft |
| 2018-04-01 | 0 days | 2,444 sqft |
| 2018-05-01 | 0 days | 2,421 sqft |
| 2018-06-01 | 0 days | 2,402 sqft |
| 2018-07-01 | 0 days | 2,352 sqft |
| 2018-08-01 | 0 days | 2,305 sqft |
| 2018-09-01 | 0 days | 2,279 sqft |
| 2018-10-01 | 0 days | 2,266 sqft |
| 2018-11-01 | 0 days | 2,288 sqft |
| 2018-12-01 | 0 days | 2,240 sqft |
| 2019-01-01 | 0 days | 2,199 sqft |
| 2019-02-01 | 0 days | 2,200 sqft |
| 2019-03-01 | 0 days | 2,182 sqft |
| 2019-04-01 | 0 days | 2,166 sqft |
| 2019-05-01 | 0 days | 2,134 sqft |
| 2019-06-01 | 0 days | 2,112 sqft |
| 2019-07-01 | 0 days | 2,075 sqft |
| 2019-08-01 | 0 days | 2,105 sqft |
| 2019-09-01 | 0 days | 2,150 sqft |
| 2019-10-01 | 0 days | 2,184 sqft |
| 2019-11-01 | 0 days | 2,193 sqft |
| 2019-12-01 | 0 days | 2,200 sqft |
| 2020-01-01 | 0 days | 2,166 sqft |
| 2020-02-01 | 0 days | 2,296 sqft |
| 2020-03-01 | 0 days | 2,321 sqft |
| 2020-04-01 | 0 days | 2,201 sqft |
| 2020-05-01 | 0 days | 2,207 sqft |
| 2020-06-01 | 0 days | 2,177 sqft |
| 2020-07-01 | 0 days | 2,181 sqft |
| 2020-08-01 | 0 days | 2,147 sqft |
| 2020-09-01 | 0 days | 2,186 sqft |
| 2020-10-01 | 0 days | 2,196 sqft |
| 2020-11-01 | 0 days | 2,218 sqft |
| 2020-12-01 | 0 days | 2,124 sqft |
| 2021-01-01 | 0 days | 2,202 sqft |
| 2021-02-01 | 0 days | 2,056 sqft |
| 2021-03-01 | 0 days | 2,163 sqft |
| 2021-04-01 | 0 days | 2,092 sqft |
| 2021-05-01 | 0 days | 2,077 sqft |
| 2021-06-01 | 0 days | 2,052 sqft |
| 2021-07-01 | 0 days | 2,005 sqft |
| 2021-08-01 | 0 days | 2,013 sqft |
| 2021-09-01 | 0 days | 2,031 sqft |
| 2021-10-01 | 0 days | 2,071 sqft |
| 2021-11-01 | 0 days | 2,108 sqft |
| 2021-12-01 | 0 days | 2,061 sqft |
| 2022-01-01 | 0 days | 2,063 sqft |
| 2022-02-01 | 0 days | 2,068 sqft |
| 2022-03-01 | 0 days | 2,074 sqft |
| 2022-04-01 | 0 days | 2,004 sqft |
| 2022-05-01 | 0 days | 2,030 sqft |
| 2022-06-01 | 0 days | 2,044 sqft |
| 2022-07-01 | 0 days | 2,007 sqft |
| 2022-08-01 | 0 days | 2,055 sqft |
| 2022-09-01 | 0 days | 2,095 sqft |
| 2022-10-01 | 0 days | 2,130 sqft |
| 2022-11-01 | 0 days | 2,051 sqft |
| 2022-12-01 | 0 days | 2,004 sqft |
| 2023-01-01 | 0 days | 2,051 sqft |
| 2023-02-01 | 0 days | 2,028 sqft |
| 2023-03-01 | 0 days | 2,024 sqft |
| 2023-04-01 | 0 days | 2,033 sqft |
| 2023-05-01 | 0 days | 2,101 sqft |
| 2023-06-01 | 0 days | 2,052 sqft |
| 2023-07-01 | 0 days | 2,065 sqft |
| 2023-08-01 | 0 days | 2,093 sqft |
| 2023-09-01 | 0 days | 2,104 sqft |
| 2023-10-01 | 0 days | 2,087 sqft |
| 2023-11-01 | 0 days | 2,120 sqft |
| 2023-12-01 | 0 days | 2,121 sqft |
| 2024-01-01 | 0 days | 2,124 sqft |
| 2024-02-01 | 0 days | 2,062 sqft |
| 2024-03-01 | 0 days | 2,118 sqft |
Flagstaff's median square footage for active listings during the 2024-03-01 period was 2,118 sqft. One year prior, the average listing was 2,024 sqft.