Fredericksburg USDA Loan Rates, Closing Costs & Stats

Fredericksburg, TX

  • 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.

    Fredericksburg USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Fredericksburg averaged -0.16% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

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

    The average rate for the prior week (2024-11-08) was 6.4% and one month ago for the week of 2024-10-11, the average rate was 6.26%.

    The average rate one year ago was 7.29%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0.1%.

    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 2023 Avg. 30yFix Rate 2023 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
    2024-02-01 $796,000 (1.7%) $1,291,688 (-1.4%) 0.00 275
    2024-03-01 $825,000 (6.5%) $1,305,155 (0.3%) 0.00 286
    2024-04-01 $839,875 (5.1%) $1,299,884 (0.6%) 0.00 308
    2024-05-01 $829,350 (-0.1%) $1,301,391 (-3.0%) 0.00 316
    2024-06-01 $799,000 (-3.1%) $1,348,022 (-0.6%) 0.00 370
    2024-07-01 $799,850 (0.2%) $1,397,810 (3.5%) 0.00 398
    2024-08-01 $801,166 (2.5%) $1,403,705 (8.6%) 0.00 382
    2024-09-01 $839,975 (6.7%) $1,413,329 (13.2%) 0.00 378
    2024-10-01 $847,500 (6.1%) $1,475,853 (15.5%) 0.00 392
    Fredericksburg's median listing price for 2024-10-01 was $847,500, a difference of $48,500 (6.1%) versus the prior year and $7,525 versus the prior month.

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

    Fredericksburg's average listing price for 2024-10-01 was $1,475,853, a difference of $198,276 (15.5%) versus the prior year and $62,524 versus the prior month.

    For the 2024-10-01 period, Fredericksburg had 392 MLS listings, a difference of 14 listings (4%) versus the prior month and 89 listings (29%) 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
    2024-02-01 0 days 2,138 sqft
    2024-03-01 0 days 2,136 sqft
    2024-04-01 0 days 2,168 sqft
    2024-05-01 0 days 2,202 sqft
    2024-06-01 0 days 2,193 sqft
    2024-07-01 0 days 2,225 sqft
    2024-08-01 0 days 2,189 sqft
    2024-09-01 0 days 2,196 sqft
    2024-10-01 0 days 2,261 sqft
    Fredericksburg's median listing age (time on market) for 2024-10-01 was 0 days.

    Fredericksburg's median square footage for active listings during the 2024-10-01 period was 2,261 sqft. One year prior, the average listing was 2,202 sqft.