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%.
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 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 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.