Fredericksburg USDA Loan Rates, Closing Costs & Stats

Fredericksburg, TX

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.

Fredericksburg USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Fredericksburg averaged 6.15% for the week of 2024-03-01, compared to the national average (all USDA variants) of 6.729% for the same period.

Fredericksburg's average USDA mortgage closing costs are $11,379.

The average rate for the prior week (2024-02-23) was 6.2% and one month ago for the week of 2024-01-26, the average rate was 6.16%.

The average rate one year ago was 5.92%.

For refis of the same type during the week of 2024-03-01, the average rate was 6.53%.

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

Fredericksburg 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 Fredericksburg level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Fredericksburg (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 $499,600 (-9.0%) $761,638 (-11.0%) 0.00 231
2018-02-01 $499,700 (-9.9%) $761,461 (-11.6%) 0.00 234
2018-03-01 $499,000 (-10.8%) $732,758 (-15.4%) 0.00 254
2018-04-01 $499,400 (-13.0%) $751,109 (-11.8%) 0.00 260
2018-05-01 $495,000 (-13.2%) $740,380 (-14.6%) 0.00 268
2018-06-01 $502,000 (-12.6%) $734,462 (-7.7%) 0.00 264
2018-07-01 $506,000 (-14.1%) $746,373 (-5.9%) 0.00 257
2018-08-01 $531,750 (-3.3%) $767,410 (1.3%) 0.00 254
2018-09-01 $545,000 (3.8%) $788,414 (1.9%) 0.00 253
2018-10-01 $549,000 (0.0%) $782,365 (0.5%) 0.00 249
2018-11-01 $534,213 (1.6%) $779,484 (2.8%) 0.00 243
2018-12-01 $517,000 (-5.8%) $794,994 (4.8%) 0.00 238
2019-01-01 $530,138 (6.1%) $802,674 (5.4%) 0.00 219
2019-02-01 $525,000 (5.1%) $776,257 (1.9%) 0.00 219
2019-03-01 $543,586 (8.9%) $798,712 (9.0%) 0.00 219
2019-04-01 $549,850 (10.1%) $808,191 (7.6%) 0.00 223
2019-05-01 $590,000 (19.2%) $826,468 (11.6%) 0.00 229
2019-06-01 $550,000 (9.6%) $804,614 (9.6%) 0.00 232
2019-07-01 $529,000 (4.6%) $769,409 (3.1%) 0.00 229
2019-08-01 $514,155 (-3.3%) $759,142 (-1.1%) 0.00 245
2019-09-01 $506,136 (-7.1%) $774,752 (-1.7%) 0.00 258
2019-10-01 $513,341 (-6.5%) $787,318 (0.6%) 0.00 265
2019-11-01 $504,750 (-5.5%) $772,815 (-0.9%) 0.00 260
2019-12-01 $504,500 (-2.4%) $837,551 (5.4%) 0.00 244
2020-01-01 $501,750 (-5.4%) $785,556 (-2.1%) 0.00 211
2020-02-01 $571,750 (8.9%) $868,750 (11.9%) 0.00 210
2020-03-01 $603,833 (11.1%) $927,079 (16.1%) 0.00 212
2020-04-01 $598,500 (8.9%) $908,325 (12.4%) 0.00 238
2020-05-01 $599,450 (1.6%) $902,327 (9.2%) 0.00 236
2020-06-01 $604,925 (10.0%) $905,313 (12.5%) 0.00 231
2020-07-01 $647,500 (22.4%) $931,729 (21.1%) 0.00 204
2020-08-01 $649,000 (26.2%) $901,172 (18.7%) 0.00 189
2020-09-01 $646,500 (27.7%) $889,912 (14.9%) 0.00 174
2020-10-01 $680,000 (32.5%) $1,009,077 (28.2%) 0.00 162
2020-11-01 $686,000 (35.9%) $1,018,324 (31.8%) 0.00 153
2020-12-01 $733,625 (45.4%) $1,132,428 (35.2%) 0.00 128
2021-01-01 $750,000 (49.5%) $1,151,385 (46.6%) 0.00 99
2021-02-01 $845,875 (47.9%) $1,211,104 (39.4%) 0.00 87
2021-03-01 $833,725 (38.1%) $1,144,779 (23.5%) 0.00 84
2021-04-01 $905,750 (51.3%) $1,316,591 (45.0%) 0.00 64
2021-05-01 $888,000 (48.1%) $1,282,568 (42.1%) 0.00 61
2021-06-01 $863,000 (42.7%) $1,375,589 (52.0%) 0.00 75
2021-07-01 $799,500 (23.5%) $1,202,409 (29.1%) 0.00 101
2021-08-01 $787,000 (21.3%) $1,301,870 (44.5%) 0.00 100
2021-09-01 $797,250 (23.3%) $1,326,066 (49.0%) 0.00 117
2021-10-01 $849,500 (24.9%) $1,339,678 (32.8%) 0.00 110
2021-11-01 $899,000 (31.1%) $1,461,234 (43.5%) 0.00 93
2021-12-01 $918,425 (25.2%) $1,444,942 (27.6%) 0.00 90
2022-01-01 $989,000 (31.9%) $1,518,246 (31.9%) 0.00 79
2022-02-01 $1,068,625 (26.3%) $1,576,226 (30.2%) 0.00 71
2022-03-01 $1,195,000 (43.3%) $1,683,610 (47.1%) 0.00 70
2022-04-01 $1,187,500 (31.1%) $1,703,274 (29.4%) 0.00 75
2022-05-01 $934,500 (5.2%) $1,471,508 (14.7%) 0.00 101
2022-06-01 $881,000 (2.1%) $1,375,632 (0.0%) 0.00 130
2022-07-01 $775,000 (-3.1%) $1,189,636 (-1.1%) 0.00 148
2022-08-01 $754,375 (-4.2%) $1,191,125 (-8.5%) 0.00 164
2022-09-01 $743,125 (-6.8%) $1,155,068 (-12.9%) 0.00 165
2022-10-01 $722,250 (-15.0%) $1,146,411 (-14.4%) 0.00 178
2022-11-01 $704,350 (-21.7%) $1,213,636 (-16.9%) 0.00 183
2022-12-01 $698,500 (-24.0%) $1,268,821 (-12.2%) 0.00 185
2023-01-01 $697,000 (-29.5%) $1,283,674 (-15.5%) 0.00 185
2023-02-01 $782,500 (-26.8%) $1,309,472 (-16.9%) 0.00 197
2023-03-01 $774,500 (-35.2%) $1,301,552 (-22.7%) 0.00 223
2023-04-01 $799,000 (-32.7%) $1,291,638 (-24.2%) 0.00 237
2023-05-01 $829,800 (-11.2%) $1,341,563 (-8.8%) 0.00 250
2023-06-01 $824,775 (-6.4%) $1,355,676 (-1.5%) 0.00 258
2023-07-01 $798,500 (3.0%) $1,350,208 (13.5%) 0.00 269
2023-08-01 $782,000 (3.7%) $1,292,149 (8.5%) 0.00 278
2023-09-01 $787,500 (6.0%) $1,249,058 (8.1%) 0.00 303
2023-10-01 $799,000 (10.6%) $1,277,577 (11.4%) 0.00 303
2023-11-01 $798,000 (13.3%) $1,248,785 (2.9%) 0.00 314
2023-12-01 $799,000 (14.4%) $1,223,084 (-3.6%) 0.00 289
2024-01-01 $797,000 (14.4%) $1,277,468 (-0.5%) 0.00 256
Fredericksburg's median listing price for 2024-01-01 was $797,000, a difference of $100,000 (14.4%) versus the prior year and $-2,000 versus the prior month.

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

Fredericksburg's average listing price for 2024-01-01 was $1,277,468, a difference of $-6,206 (-0.5%) versus the prior year and $54,384 versus the prior month.

For the 2024-01-01 period, Fredericksburg had 256 MLS listings, a difference of -33 listings (-11%) versus the prior month and 71 listings (38%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Fredericksburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,238 sqft
2018-02-01 0 days 2,245 sqft
2018-03-01 0 days 2,229 sqft
2018-04-01 0 days 2,324 sqft
2018-05-01 0 days 2,319 sqft
2018-06-01 0 days 2,318 sqft
2018-07-01 0 days 2,334 sqft
2018-08-01 0 days 2,313 sqft
2018-09-01 0 days 2,335 sqft
2018-10-01 0 days 2,279 sqft
2018-11-01 0 days 2,255 sqft
2018-12-01 0 days 2,227 sqft
2019-01-01 0 days 2,191 sqft
2019-02-01 0 days 2,145 sqft
2019-03-01 0 days 2,118 sqft
2019-04-01 0 days 2,038 sqft
2019-05-01 0 days 2,032 sqft
2019-06-01 0 days 2,001 sqft
2019-07-01 0 days 1,943 sqft
2019-08-01 0 days 1,938 sqft
2019-09-01 0 days 1,949 sqft
2019-10-01 0 days 1,958 sqft
2019-11-01 0 days 1,972 sqft
2019-12-01 0 days 2,025 sqft
2020-01-01 0 days 2,033 sqft
2020-02-01 0 days 2,143 sqft
2020-03-01 0 days 2,220 sqft
2020-04-01 0 days 2,221 sqft
2020-05-01 0 days 2,246 sqft
2020-06-01 0 days 2,245 sqft
2020-07-01 0 days 2,260 sqft
2020-08-01 0 days 2,317 sqft
2020-09-01 0 days 2,243 sqft
2020-10-01 0 days 2,231 sqft
2020-11-01 0 days 2,216 sqft
2020-12-01 0 days 2,470 sqft
2021-01-01 0 days 2,484 sqft
2021-02-01 0 days 2,560 sqft
2021-03-01 0 days 2,711 sqft
2021-04-01 0 days 2,800 sqft
2021-05-01 0 days 2,619 sqft
2021-06-01 0 days 2,287 sqft
2021-07-01 0 days 2,175 sqft
2021-08-01 0 days 2,089 sqft
2021-09-01 0 days 2,119 sqft
2021-10-01 0 days 2,192 sqft
2021-11-01 0 days 2,327 sqft
2021-12-01 0 days 2,354 sqft
2022-01-01 0 days 2,400 sqft
2022-02-01 0 days 2,633 sqft
2022-03-01 0 days 2,639 sqft
2022-04-01 0 days 2,722 sqft
2022-05-01 0 days 2,074 sqft
2022-06-01 0 days 2,024 sqft
2022-07-01 0 days 1,976 sqft
2022-08-01 0 days 1,980 sqft
2022-09-01 0 days 2,000 sqft
2022-10-01 0 days 2,001 sqft
2022-11-01 0 days 2,036 sqft
2022-12-01 0 days 2,019 sqft
2023-01-01 0 days 2,025 sqft
2023-02-01 0 days 2,058 sqft
2023-03-01 0 days 2,053 sqft
2023-04-01 0 days 2,082 sqft
2023-05-01 0 days 2,156 sqft
2023-06-01 0 days 2,188 sqft
2023-07-01 0 days 2,183 sqft
2023-08-01 0 days 2,195 sqft
2023-09-01 0 days 2,208 sqft
2023-10-01 0 days 2,202 sqft
2023-11-01 0 days 2,188 sqft
2023-12-01 0 days 2,174 sqft
2024-01-01 0 days 2,120 sqft
Fredericksburg's median listing age (time on market) for 2024-01-01 was 0 days.

Fredericksburg's median square footage for active listings during the 2024-01-01 period was 2,120 sqft. One year prior, the average listing was 2,025 sqft.