Gardnerville Ranchos USDA Loan Rates, Closing Costs & Stats

Gardnerville Ranchos, NV

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.

Gardnerville Ranchos's 11 lenders originated 20 USDA loans during 2021. The total origination value was $8,150,000, with an average USDA loan value of $407,500.

Gardnerville Ranchos USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Gardnerville Ranchos averaged 6.3% for the week of 2023-01-27, compared to the national average (all USDA variants) of 6.195% for the same period.

Gardnerville Ranchos's average USDA mortgage closing costs are $7,778.

The average rate for the prior week (2023-01-20) was 5.99% and one month ago for the week of 2022-12-23, the average rate was 6.42%.

The average rate one year ago was 3.67%.

For refis of the same type during the week of 2023-01-27, the average rate was 5.85%.

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

Gardnerville Ranchos 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 Gardnerville Ranchos level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
GUILD MORTGAGE COMPANY 5 2.98% $8,417
HOME POINT FINANCIAL CORPORATION 3 2.63% $9,607
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 2.94% $10,196
Flagstar Bank, FSB 1 2.88% $7,722
GREATER NEVADA LLC 1 2.25% $9,631
PENNYMAC LOAN SERVICES, LLC 1 2.75% $6,512
SUMMIT FUNDING, INC. 1 3.13% $10,029
AMERICAN FINANCIAL NETWORK, INC. 1 2.88% $13,496
UNITED 1 3.13% $8,175
BROKER SOLUTIONS, INC. 1 2.25% $11,328
CALIBER HOME LOANS, INC. 1 2.75% $6,877

The top Gardnerville Ranchos USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 5 USDA loans originated. Their average total fees are $8,417, which is $1,190 lower than the next largest lender, HOME POINT FINANCIAL CORPORATION.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Gardnerville Ranchos (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 $655,750 (9.5%) $1,733,342 (-25.6%) 0.00 216
2018-02-01 $696,000 (11.5%) $1,521,001 (-30.6%) 0.00 193
2018-03-01 $689,000 (6.1%) $1,839,456 (-18.6%) 0.00 190
2018-04-01 $654,500 (2.3%) $1,932,636 (-12.0%) 0.00 199
2018-05-01 $630,900 (0.7%) $1,742,891 (-15.0%) 0.00 230
2018-06-01 $636,000 (6.2%) $1,724,887 (-11.2%) 0.00 271
2018-07-01 $667,000 (11.4%) $1,585,672 (-16.5%) 0.00 313
2018-08-01 $629,429 (0.8%) $1,534,392 (-24.4%) 0.00 327
2018-09-01 $627,500 (-3.3%) $1,666,049 (0.6%) 0.00 316
2018-10-01 $623,475 (-9.3%) $1,667,377 (5.2%) 0.00 329
2018-11-01 $599,250 (-14.2%) $1,717,468 (5.3%) 0.00 315
2018-12-01 $585,000 (-18.5%) $1,748,948 (3.5%) 0.00 296
2019-01-01 $593,625 (-9.5%) $1,512,159 (-12.8%) 0.00 262
2019-02-01 $595,125 (-14.5%) $1,570,124 (3.2%) 0.00 236
2019-03-01 $602,929 (-12.5%) $1,626,314 (-11.6%) 0.00 251
2019-04-01 $616,500 (-5.8%) $1,659,971 (-14.1%) 0.00 272
2019-05-01 $619,875 (-1.8%) $1,546,584 (-11.3%) 0.00 302
2019-06-01 $634,000 (-0.3%) $1,542,543 (-10.6%) 0.00 315
2019-07-01 $660,000 (-1.1%) $1,701,984 (7.3%) 0.00 365
2019-08-01 $692,518 (10.0%) $1,706,580 (11.2%) 0.00 368
2019-09-01 $696,445 (11.0%) $1,709,666 (2.6%) 0.00 364
2019-10-01 $696,814 (11.8%) $1,706,202 (2.3%) 0.00 359
2019-11-01 $697,000 (16.3%) $1,818,085 (5.9%) 0.00 315
2019-12-01 $699,500 (19.6%) $1,880,196 (7.5%) 0.00 298
2020-01-01 $694,750 (17.0%) $1,791,085 (18.5%) 0.00 266
2020-02-01 $682,000 (14.6%) $1,782,094 (13.5%) 0.00 257
2020-03-01 $751,875 (24.7%) $1,880,869 (15.7%) 0.00 236
2020-04-01 $726,750 (17.9%) $1,816,263 (9.4%) 0.00 259
2020-05-01 $719,000 (16.0%) $1,642,705 (6.2%) 0.00 277
2020-06-01 $788,000 (24.3%) $1,943,648 (26.0%) 0.00 256
2020-07-01 $792,475 (20.1%) $1,601,107 (-5.9%) 0.00 225
2020-08-01 $829,000 (19.7%) $1,597,102 (-6.4%) 0.00 182
2020-09-01 $868,000 (24.6%) $2,238,515 (30.9%) 0.00 150
2020-10-01 $850,000 (22.0%) $2,319,258 (35.9%) 0.00 136
2020-11-01 $824,725 (18.3%) $2,316,783 (27.4%) 0.00 125
2020-12-01 $847,950 (21.2%) $2,550,260 (35.6%) 0.00 102
2021-01-01 $882,000 (27.0%) $2,990,132 (67.0%) 0.00 76
2021-02-01 $881,225 (29.2%) $3,308,857 (85.7%) 0.00 70
2021-03-01 $760,750 (1.2%) $2,468,307 (31.2%) 0.00 75
2021-04-01 $683,750 (-5.9%) $1,877,591 (3.4%) 0.00 112
2021-05-01 $789,450 (9.8%) $1,865,451 (13.6%) 0.00 100
2021-06-01 $824,500 (4.6%) $1,868,187 (-3.9%) 0.00 112
2021-07-01 $844,000 (6.5%) $1,752,805 (9.5%) 0.00 127
2021-08-01 $891,750 (7.6%) $1,857,436 (16.3%) 0.00 146
2021-09-01 $869,200 (0.1%) $1,823,708 (-18.5%) 0.00 145
2021-10-01 $836,950 (-1.5%) $2,113,293 (-8.9%) 0.00 176
2021-11-01 $870,725 (5.6%) $2,078,954 (-10.3%) 0.00 148
2021-12-01 $850,000 (0.2%) $2,067,935 (-18.9%) 0.00 127
2022-01-01 $859,000 (-2.6%) $2,368,556 (-20.8%) 0.00 106
2022-02-01 $899,000 (2.0%) $2,519,118 (-23.9%) 0.00 82
2022-03-01 $854,500 (12.3%) $2,191,436 (-11.2%) 0.00 82
2022-04-01 $895,000 (30.9%) $1,998,029 (6.4%) 0.00 110
2022-05-01 $870,000 (10.2%) $1,856,378 (-0.5%) 0.00 148
2022-06-01 $847,500 (2.8%) $2,514,396 (34.6%) 0.00 219
2022-07-01 $848,255 (0.5%) $2,220,563 (26.7%) 0.00 276
2022-08-01 $834,500 (-6.4%) $2,210,634 (19.0%) 0.00 275
2022-09-01 $835,528 (-3.9%) $2,134,736 (17.1%) 0.00 280
2022-10-01 $799,999 (-4.4%) $2,072,656 (-1.9%) 0.00 263
2022-11-01 $777,731 (-10.7%) $1,853,602 (-10.8%) 0.00 254
2022-12-01 $787,000 (-7.4%) $1,814,369 (-12.3%) 0.00 232
Gardnerville Ranchos's median listing price for 2022-12-01 was $787,000, a difference of $-63,000 (-7.4%) versus the prior year and $9,269 versus the prior month.

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

Gardnerville Ranchos's average listing price for 2022-12-01 was $1,814,369, a difference of $-253,566 (-12.3%) versus the prior year and $-39,233 versus the prior month.

For the 2022-12-01 period, Gardnerville Ranchos had 232 MLS listings, a difference of -22 listings (-9%) versus the prior month and 105 listings (83%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Gardnerville Ranchos (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,288 sqft
2018-02-01 0 days 2,388 sqft
2018-03-01 0 days 2,392 sqft
2018-04-01 0 days 2,381 sqft
2018-05-01 0 days 2,308 sqft
2018-06-01 0 days 2,309 sqft
2018-07-01 0 days 2,237 sqft
2018-08-01 0 days 2,185 sqft
2018-09-01 0 days 2,195 sqft
2018-10-01 0 days 2,197 sqft
2018-11-01 0 days 2,210 sqft
2018-12-01 0 days 2,218 sqft
2019-01-01 0 days 2,187 sqft
2019-02-01 0 days 2,226 sqft
2019-03-01 0 days 2,162 sqft
2019-04-01 0 days 2,197 sqft
2019-05-01 0 days 2,227 sqft
2019-06-01 0 days 2,269 sqft
2019-07-01 0 days 2,296 sqft
2019-08-01 0 days 2,303 sqft
2019-09-01 0 days 2,356 sqft
2019-10-01 0 days 2,381 sqft
2019-11-01 0 days 2,371 sqft
2019-12-01 0 days 2,408 sqft
2020-01-01 0 days 2,428 sqft
2020-02-01 0 days 2,424 sqft
2020-03-01 0 days 2,475 sqft
2020-04-01 0 days 2,450 sqft
2020-05-01 0 days 2,443 sqft
2020-06-01 0 days 2,602 sqft
2020-07-01 0 days 2,654 sqft
2020-08-01 0 days 2,650 sqft
2020-09-01 0 days 2,624 sqft
2020-10-01 0 days 2,545 sqft
2020-11-01 0 days 2,360 sqft
2020-12-01 0 days 2,540 sqft
2021-01-01 0 days 2,491 sqft
2021-02-01 0 days 2,470 sqft
2021-03-01 0 days 2,218 sqft
2021-04-01 0 days 2,078 sqft
2021-05-01 0 days 2,097 sqft
2021-06-01 0 days 2,148 sqft
2021-07-01 0 days 2,105 sqft
2021-08-01 0 days 2,194 sqft
2021-09-01 0 days 2,270 sqft
2021-10-01 0 days 2,124 sqft
2021-11-01 0 days 2,115 sqft
2021-12-01 0 days 2,097 sqft
2022-01-01 0 days 2,112 sqft
2022-02-01 0 days 2,293 sqft
2022-03-01 0 days 2,143 sqft
2022-04-01 0 days 2,168 sqft
2022-05-01 0 days 2,103 sqft
2022-06-01 0 days 2,118 sqft
2022-07-01 0 days 2,128 sqft
2022-08-01 0 days 2,117 sqft
2022-09-01 0 days 2,126 sqft
2022-10-01 0 days 2,119 sqft
2022-11-01 0 days 2,111 sqft
2022-12-01 0 days 2,125 sqft
Gardnerville Ranchos's median listing age (time on market) for 2022-12-01 was 0 days.

Gardnerville Ranchos's median square footage for active listings during the 2022-12-01 period was 2,125 sqft. One year prior, the average listing was 2,097 sqft.