Fresno USDA Loan Rates, Closing Costs & Stats

FRESNO, CA

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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.

    Fresno's 6 lenders originated 11 USDA loans during 2024. The total origination value was $3,485,000, with an average USDA loan value of $316,818.

    Fresno USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Fresno averaged 6.46% for the week of 2025-05-23, compared to the national average (all USDA variants) of 6.433% for the same period.

    Fresno's average USDA mortgage closing costs are $7,937.

    The average rate for the prior week (2025-05-16) was 6.39% and one month ago for the week of 2025-04-18, the average rate was 6.68%.

    The average rate one year ago was 6.95%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.26%.

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

    Fresno 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 Fresno level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 4 5.59% $15,436
    Paramount Residential Mortgage Group, Inc. 3 6.25% $7,548
    ALAMEDA MORTGAGE CORPORATION 1 6.63% $8,492
    PANORAMA MORTGAGE GROUP, LLC 1 6.63% $12,425
    Sierra Pacific Mortgage Company, Inc. 1 6.13% $8,895
    The Loan Store, Inc. 1 6.49% $7,540

    The top Fresno USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 4 USDA loans originated. Their average total fees are $15,436, which is $7,888 higher than the next largest lender, Paramount Residential Mortgage Group, Inc..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Fresno (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 $305,680 (11.2%) $396,176 (8.0%) 1.13 1,690
    2018-02-01 $304,950 (10.9%) $396,397 (7.3%) 1.11 1,707
    2018-03-01 $309,950 (12.7%) $404,628 (8.7%) 1.09 1,766
    2018-04-01 $313,450 (8.1%) $403,543 (6.0%) 1.06 1,862
    2018-05-01 $315,000 (5.0%) $409,878 (2.9%) 1.05 1,945
    2018-06-01 $316,450 (2.5%) $416,087 (3.1%) 1.06 2,077
    2018-07-01 $315,000 (3.3%) $409,884 (0.9%) 1.05 2,176
    2018-08-01 $315,000 (4.6%) $403,164 (0.1%) 1.06 2,269
    2018-09-01 $310,000 (3.3%) $396,527 (0.5%) 1.04 2,399
    2018-10-01 $309,987 (1.6%) $399,187 (1.8%) 1.05 2,474
    2018-11-01 $309,450 (-0.1%) $396,931 (0.8%) 1.05 2,437
    2018-12-01 $309,900 (0.3%) $396,191 (0.3%) 1.07 2,232
    2019-01-01 $305,250 (-0.1%) $382,184 (-3.5%) 1.05 2,083
    2019-02-01 $308,338 (1.1%) $384,972 (-2.9%) 1.04 2,135
    2019-03-01 $313,429 (1.1%) $400,178 (-1.1%) 1.02 2,133
    2019-04-01 $317,806 (1.4%) $396,815 (-1.7%) 1.01 2,202
    2019-05-01 $325,000 (3.2%) $404,783 (-1.2%) 1.02 2,238
    2019-06-01 $334,900 (5.8%) $415,088 (-0.2%) 1.05 2,283
    2019-07-01 $337,500 (7.1%) $415,442 (1.4%) 1.06 2,257
    2019-08-01 $333,130 (5.8%) $412,057 (2.2%) 1.05 2,289
    2019-09-01 $328,824 (6.1%) $407,101 (2.7%) 1.05 2,298
    2019-10-01 $326,571 (5.4%) $407,345 (2.0%) 1.05 2,267
    2019-11-01 $325,900 (5.3%) $412,119 (3.8%) 1.07 2,133
    2019-12-01 $326,785 (5.5%) $407,612 (2.9%) 1.09 1,931
    2020-01-01 $329,000 (7.8%) $410,971 (7.5%) 1.10 1,677
    2020-02-01 $329,000 (6.7%) $407,099 (5.8%) 1.08 1,641
    2020-03-01 $339,913 (8.5%) $426,183 (6.5%) 1.07 1,601
    2020-04-01 $336,840 (6.0%) $417,015 (5.1%) 1.06 1,686
    2020-05-01 $340,000 (4.6%) $428,926 (6.0%) 1.03 1,575
    2020-06-01 $349,855 (4.5%) $443,563 (6.9%) 1.03 1,323
    2020-07-01 $354,500 (5.0%) $458,808 (10.4%) 1.03 1,119
    2020-08-01 $363,950 (9.3%) $469,221 (13.9%) 1.04 1,022
    2020-09-01 $362,500 (10.2%) $475,461 (16.8%) 1.04 1,040
    2020-10-01 $359,450 (10.1%) $479,276 (17.7%) 1.03 1,022
    2020-11-01 $362,675 (11.3%) $497,854 (20.8%) 1.06 950
    2020-12-01 $354,500 (8.5%) $485,674 (19.2%) 1.05 857
    2021-01-01 $365,000 (10.9%) $500,299 (21.7%) 1.09 694
    2021-02-01 $362,500 (10.2%) $510,906 (25.5%) 1.06 637
    2021-03-01 $373,900 (10.0%) $520,334 (22.1%) 1.06 640
    2021-04-01 $389,225 (15.6%) $537,645 (28.9%) 1.05 679
    2021-05-01 $399,900 (17.6%) $554,522 (29.3%) 1.06 725
    2021-06-01 $406,143 (16.1%) $557,319 (25.7%) 1.07 855
    2021-07-01 $399,950 (12.8%) $545,308 (18.9%) 1.06 964
    2021-08-01 $401,750 (10.4%) $542,345 (15.6%) 1.07 1,035
    2021-09-01 $413,500 (14.1%) $634,237 (33.4%) 1.10 1,073
    2021-10-01 $419,000 (16.6%) $542,913 (13.3%) 1.12 1,029
    2021-11-01 $427,000 (17.7%) $552,727 (11.0%) 1.14 967
    2021-12-01 $437,000 (23.3%) $567,941 (16.9%) 1.18 838
    2022-01-01 $439,000 (20.3%) $580,001 (15.9%) 1.19 677
    2022-02-01 $420,000 (15.9%) $566,072 (10.8%) 1.09 671
    2022-03-01 $434,950 (16.3%) $582,657 (12.0%) 1.09 722
    2022-04-01 $449,000 (15.4%) $595,920 (10.8%) 1.07 812
    2022-05-01 $454,997 (13.8%) $591,873 (6.7%) 1.04 1,022
    2022-06-01 $452,950 (11.5%) $577,404 (3.6%) 1.01 1,245
    2022-07-01 $449,900 (12.5%) $563,143 (3.3%) 1.01 1,614
    2022-08-01 $442,500 (10.1%) $551,008 (1.6%) 1.02 1,646
    2022-09-01 $447,450 (8.2%) $551,236 (-13.1%) 1.05 1,651
    2022-10-01 $435,000 (3.8%) $542,135 (-0.1%) 1.02 1,722
    2022-11-01 $427,000 (0.0%) $543,406 (-1.7%) 1.03 1,713
    2022-12-01 $430,000 (-1.6%) $549,282 (-3.3%) 1.06 1,487
    2023-01-01 $437,000 (-0.5%) $557,223 (-3.9%) 1.08 1,313
    2023-02-01 $441,250 (5.1%) $578,412 (2.2%) 1.06 1,159
    2023-03-01 $444,968 (2.3%) $588,557 (1.0%) 1.05 1,067
    2023-04-01 $450,000 (0.2%) $611,634 (2.6%) 1.05 981
    2023-05-01 $472,275 (3.8%) $623,300 (5.3%) 1.07 1,023
    2023-06-01 $477,533 (5.4%) $624,819 (8.2%) 1.07 1,062
    2023-07-01 $486,250 (8.1%) $635,826 (12.9%) 1.11 1,115
    2023-08-01 $481,250 (8.8%) $635,747 (15.4%) 1.11 1,279
    2023-09-01 $473,960 (5.9%) $616,563 (11.9%) 1.10 1,345
    2023-10-01 $469,000 (7.8%) $607,462 (12.1%) 1.10 1,443
    2023-11-01 $460,000 (7.7%) $597,325 (9.9%) 1.10 1,545
    2023-12-01 $461,500 (7.3%) $608,460 (10.8%) 1.13 1,469
    2024-01-01 $453,470 (3.8%) $604,108 (8.4%) 1.11 1,307
    2024-02-01 $467,300 (5.9%) $619,217 (7.1%) 1.12 1,222
    2024-03-01 $469,000 (5.4%) $623,043 (5.9%) 1.10 1,206
    2024-04-01 $478,500 (6.3%) $628,172 (2.7%) 1.11 1,306
    2024-05-01 $482,250 (2.1%) $637,976 (2.4%) 1.10 1,402
    2024-06-01 $482,000 (0.9%) $626,506 (0.3%) 1.10 1,430
    2024-07-01 $478,426 (-1.6%) $617,149 (-2.9%) 1.09 1,593
    2024-08-01 $479,950 (-0.3%) $630,266 (-0.9%) 1.12 1,634
    2024-09-01 $481,000 (1.5%) $626,951 (1.7%) 1.13 1,755
    2024-10-01 $477,327 (1.8%) $611,290 (0.6%) 1.12 1,759
    2024-11-01 $479,694 (4.3%) $607,430 (1.7%) 1.15 1,751
    2024-12-01 $477,485 (3.5%) $600,479 (-1.3%) 1.19 1,555
    2025-01-01 $475,000 (4.8%) $594,861 (-1.5%) 1.19 1,516
    2025-02-01 $475,000 (1.7%) $599,010 (-3.3%) 1.15 1,649
    2025-03-01 $480,000 (2.4%) $609,425 (-2.2%) 1.13 1,695
    2025-04-01 $479,500 (0.2%) $607,654 (-3.3%) 1.11 1,861
    Fresno's median listing price for 2025-04-01 was $479,500, a difference of $1,000 (0.2%) versus the prior year and $-500 versus the prior month.

    Fresno's median listing price comes in at 111% of the national average.

    Fresno's average listing price for 2025-04-01 was $607,654, a difference of $-20,518 (-3.3%) versus the prior year and $-1,771 versus the prior month.

    For the 2025-04-01 period, Fresno had 1,861 MLS listings, a difference of 166 listings (10%) versus the prior month and 555 listings (42%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Fresno (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 62 days 1,885 sqft
    2018-02-01 44 days 1,869 sqft
    2018-03-01 43 days 1,900 sqft
    2018-04-01 43 days 1,900 sqft
    2018-05-01 40 days 1,893 sqft
    2018-06-01 43 days 1,892 sqft
    2018-07-01 43 days 1,877 sqft
    2018-08-01 43 days 1,873 sqft
    2018-09-01 47 days 1,862 sqft
    2018-10-01 50 days 1,849 sqft
    2018-11-01 52 days 1,852 sqft
    2018-12-01 61 days 1,861 sqft
    2019-01-01 65 days 1,851 sqft
    2019-02-01 52 days 1,841 sqft
    2019-03-01 46 days 1,872 sqft
    2019-04-01 43 days 1,890 sqft
    2019-05-01 44 days 1,906 sqft
    2019-06-01 47 days 1,919 sqft
    2019-07-01 50 days 1,920 sqft
    2019-08-01 50 days 1,908 sqft
    2019-09-01 51 days 1,892 sqft
    2019-10-01 52 days 1,882 sqft
    2019-11-01 55 days 1,872 sqft
    2019-12-01 60 days 1,867 sqft
    2020-01-01 65 days 1,854 sqft
    2020-02-01 47 days 1,834 sqft
    2020-03-01 43 days 1,876 sqft
    2020-04-01 46 days 1,872 sqft
    2020-05-01 54 days 1,895 sqft
    2020-06-01 47 days 1,908 sqft
    2020-07-01 42 days 1,908 sqft
    2020-08-01 33 days 1,920 sqft
    2020-09-01 30 days 1,889 sqft
    2020-10-01 31 days 1,886 sqft
    2020-11-01 37 days 1,880 sqft
    2020-12-01 42 days 1,836 sqft
    2021-01-01 43 days 1,851 sqft
    2021-02-01 28 days 1,822 sqft
    2021-03-01 22 days 1,853 sqft
    2021-04-01 17 days 1,872 sqft
    2021-05-01 16 days 1,848 sqft
    2021-06-01 18 days 1,872 sqft
    2021-07-01 23 days 1,866 sqft
    2021-08-01 27 days 1,870 sqft
    2021-09-01 30 days 1,890 sqft
    2021-10-01 29 days 1,868 sqft
    2021-11-01 33 days 1,891 sqft
    2021-12-01 40 days 1,872 sqft
    2022-01-01 37 days 1,880 sqft
    2022-02-01 30 days 1,806 sqft
    2022-03-01 30 days 1,798 sqft
    2022-04-01 30 days 1,829 sqft
    2022-05-01 26 days 1,840 sqft
    2022-06-01 29 days 1,843 sqft
    2022-07-01 32 days 1,836 sqft
    2022-08-01 39 days 1,820 sqft
    2022-09-01 45 days 1,835 sqft
    2022-10-01 48 days 1,817 sqft
    2022-11-01 50 days 1,796 sqft
    2022-12-01 59 days 1,818 sqft
    2023-01-01 65 days 1,827 sqft
    2023-02-01 52 days 1,833 sqft
    2023-03-01 50 days 1,849 sqft
    2023-04-01 48 days 1,883 sqft
    2023-05-01 38 days 1,892 sqft
    2023-06-01 38 days 1,905 sqft
    2023-07-01 39 days 1,900 sqft
    2023-08-01 39 days 1,909 sqft
    2023-09-01 41 days 1,911 sqft
    2023-10-01 44 days 1,904 sqft
    2023-11-01 46 days 1,891 sqft
    2023-12-01 56 days 1,890 sqft
    2024-01-01 65 days 1,875 sqft
    2024-02-01 54 days 1,891 sqft
    2024-03-01 45 days 1,909 sqft
    2024-04-01 44 days 1,921 sqft
    2024-05-01 40 days 1,913 sqft
    2024-06-01 44 days 1,897 sqft
    2024-07-01 44 days 1,886 sqft
    2024-08-01 50 days 1,879 sqft
    2024-09-01 48 days 1,873 sqft
    2024-10-01 50 days 1,870 sqft
    2024-11-01 57 days 1,881 sqft
    2024-12-01 63 days 1,866 sqft
    2025-01-01 64 days 1,846 sqft
    2025-02-01 48 days 1,851 sqft
    2025-03-01 46 days 1,854 sqft
    2025-04-01 48 days 1,841 sqft
    Fresno's median listing age (time on market) for 2025-04-01 was 48 days. This is 10% longer than the same period one year ago.

    Fresno's median square footage for active listings during the 2025-04-01 period was 1,841 sqft. One year prior, the average listing was 1,921 sqft.