Glenwood Springs USDA Loan Rates, Closing Costs & Stats

Glenwood Springs, CO

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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.

    Glenwood Springs's 4 lenders originated 7 USDA loans during 2023. The total origination value was $1,695,000, with an average USDA loan value of $242,143.

    Glenwood Springs USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Glenwood Springs averaged 6.5% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    Glenwood Springs's average USDA mortgage closing costs are $6,156.

    The average rate for the prior week (2024-12-06) was 6.43% and one month ago for the week of 2024-11-08, the average rate was 6.45%.

    The average rate one year ago was 7.02%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.01%.

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

    Glenwood Springs 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 Glenwood Springs level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Northpointe Bank 2 5.94% $9,971
    UNITED WHOLESALE MORTGAGE, LLC 2 5.06% $11,154
    ACADEMY MORTGAGE CORPORATION 1 6.13% $11,036
    BAY EQUITY LLC 1 6.49% $6,691

    The top Glenwood Springs USDA lender as defined by loan originations is Northpointe Bank, with 2 USDA loans originated. Their average total fees are $9,971, which is $1,183 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Glenwood Springs (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 $1,050,000 (19.2%) $3,809,309 (21.9%) 0.00 884
    2018-02-01 $1,022,500 (9.1%) $3,791,625 (18.4%) 0.00 933
    2018-03-01 $992,000 (10.6%) $3,632,963 (17.5%) 0.00 963
    2018-04-01 $937,000 (17.3%) $3,416,142 (16.8%) 0.00 961
    2018-05-01 $824,000 (7.0%) $3,059,315 (9.3%) 0.00 965
    2018-06-01 $859,000 (5.1%) $3,255,742 (14.2%) 0.00 1,089
    2018-07-01 $897,000 (2.8%) $3,369,944 (10.6%) 0.00 1,192
    2018-08-01 $932,000 (4.1%) $3,458,100 (10.2%) 0.00 1,195
    2018-09-01 $945,000 (5.9%) $3,546,644 (12.6%) 0.00 1,133
    2018-10-01 $899,000 (1.6%) $3,512,764 (8.7%) 0.00 1,067
    2018-11-01 $837,000 (-5.7%) $3,409,884 (1.2%) 0.00 1,028
    2018-12-01 $955,000 (0.5%) $3,525,908 (-4.1%) 0.00 1,007
    2019-01-01 $998,500 (-4.9%) $3,662,787 (-3.9%) 0.00 1,039
    2019-02-01 $1,025,000 (0.2%) $3,646,821 (-3.8%) 0.00 1,061
    2019-03-01 $1,032,429 (4.1%) $3,644,638 (0.3%) 0.00 1,018
    2019-04-01 $992,000 (5.9%) $3,594,674 (5.2%) 0.00 966
    2019-05-01 $912,500 (10.7%) $3,444,080 (12.6%) 0.00 954
    2019-06-01 $909,000 (5.8%) $3,451,966 (6.0%) 0.00 1,009
    2019-07-01 $952,000 (6.1%) $3,586,668 (6.4%) 0.00 1,076
    2019-08-01 $960,909 (3.1%) $3,620,454 (4.7%) 0.00 1,068
    2019-09-01 $977,273 (3.4%) $3,664,430 (3.3%) 0.00 1,041
    2019-10-01 $990,000 (10.1%) $3,687,261 (5.0%) 0.00 1,009
    2019-11-01 $995,000 (18.9%) $3,604,509 (5.7%) 0.00 909
    2019-12-01 $1,016,250 (6.4%) $3,623,050 (2.8%) 0.00 952
    2020-01-01 $976,750 (-2.2%) $3,527,820 (-3.7%) 0.00 995
    2020-02-01 $919,000 (-10.3%) $3,449,428 (-5.4%) 0.00 1,034
    2020-03-01 $893,500 (-13.5%) $3,325,595 (-8.8%) 0.00 1,052
    2020-04-01 $819,500 (-17.4%) $3,068,028 (-14.7%) 0.00 979
    2020-05-01 $745,000 (-18.4%) $2,904,568 (-15.7%) 0.00 985
    2020-06-01 $724,125 (-20.3%) $2,928,318 (-15.2%) 0.00 1,079
    2020-07-01 $800,000 (-16.0%) $3,194,231 (-10.9%) 0.00 1,164
    2020-08-01 $900,000 (-6.3%) $3,567,721 (-1.5%) 0.00 1,207
    2020-09-01 $949,000 (-2.9%) $3,647,780 (-0.5%) 0.00 1,148
    2020-10-01 $899,000 (-9.2%) $3,531,706 (-4.2%) 0.00 1,063
    2020-11-01 $817,500 (-17.8%) $3,255,376 (-9.7%) 0.00 962
    2020-12-01 $819,500 (-19.4%) $3,246,769 (-10.4%) 0.00 899
    2021-01-01 $847,000 (-13.3%) $3,441,547 (-2.5%) 0.00 827
    2021-02-01 $851,750 (-7.3%) $3,365,662 (-2.4%) 0.00 845
    2021-03-01 $872,000 (-2.4%) $3,409,211 (2.5%) 0.00 854
    2021-04-01 $875,000 (6.8%) $3,404,146 (11.0%) 0.00 815
    2021-05-01 $843,250 (13.2%) $3,211,302 (10.6%) 0.00 776
    2021-06-01 $885,000 (22.2%) $3,318,374 (13.3%) 0.00 807
    2021-07-01 $925,000 (15.6%) $3,527,748 (10.4%) 0.00 894
    2021-08-01 $937,168 (4.1%) $3,536,228 (-0.9%) 0.00 882
    2021-09-01 $967,500 (2.0%) $3,621,203 (-0.7%) 0.00 829
    2021-10-01 $945,223 (5.1%) $3,632,583 (2.9%) 0.00 745
    2021-11-01 $949,750 (16.2%) $3,590,664 (10.3%) 0.00 631
    2021-12-01 $941,750 (14.9%) $3,611,457 (11.2%) 0.00 562
    2022-01-01 $1,100,000 (29.9%) $3,567,033 (3.7%) 0.00 497
    2022-02-01 $1,156,250 (35.8%) $3,583,009 (6.5%) 0.00 518
    2022-03-01 $1,212,250 (39.0%) $3,519,508 (3.2%) 0.00 541
    2022-04-01 $1,300,000 (48.6%) $3,517,941 (3.3%) 0.00 560
    2022-05-01 $1,198,750 (42.2%) $3,288,449 (2.4%) 0.00 618
    2022-06-01 $1,281,250 (44.8%) $3,389,919 (2.2%) 0.00 675
    2022-07-01 $1,382,500 (49.5%) $4,074,966 (15.5%) 0.00 786
    2022-08-01 $1,445,000 (54.2%) $4,260,332 (20.5%) 0.00 833
    2022-09-01 $1,487,500 (53.8%) $4,192,201 (15.8%) 0.00 823
    2022-10-01 $1,562,000 (65.3%) $4,279,516 (17.8%) 0.00 756
    2022-11-01 $1,536,250 (61.8%) $3,994,109 (11.2%) 0.00 665
    2022-12-01 $1,575,000 (67.2%) $4,018,572 (11.3%) 0.00 660
    2023-01-01 $1,752,500 (59.3%) $4,134,355 (15.9%) 0.00 709
    2023-02-01 $1,783,250 (54.2%) $4,397,363 (22.7%) 0.00 717
    2023-03-01 $1,841,000 (51.9%) $4,537,914 (28.9%) 0.00 734
    2023-04-01 $1,850,000 (42.3%) $4,485,522 (27.5%) 0.00 707
    2023-05-01 $1,597,000 (33.2%) $4,252,932 (29.3%) 0.00 664
    2023-06-01 $1,713,250 (33.7%) $4,261,379 (25.7%) 0.00 722
    2023-07-01 $1,817,675 (31.5%) $4,866,919 (19.4%) 0.00 802
    2023-08-01 $1,879,575 (30.1%) $4,776,430 (12.1%) 0.00 822
    2023-09-01 $1,995,000 (34.1%) $5,195,676 (23.9%) 0.00 717
    2023-10-01 $1,974,858 (26.4%) $5,496,118 (28.4%) 0.00 613
    2023-11-01 $1,772,500 (15.4%) $5,948,950 (48.9%) 0.00 537
    2023-12-01 $1,810,350 (14.9%) $5,877,512 (46.3%) 0.00 541
    2024-01-01 $1,722,085 (-1.7%) $5,722,630 (38.4%) 0.00 526
    2024-02-01 $1,700,000 (-4.7%) $5,723,412 (30.2%) 0.00 516
    2024-03-01 $1,739,340 (-5.5%) $5,713,807 (25.9%) 0.00 489
    2024-04-01 $1,712,500 (-7.4%) $5,446,857 (21.4%) 0.00 483
    2024-05-01 $1,620,000 (1.4%) $5,187,853 (22.0%) 0.00 464
    2024-06-01 $1,850,000 (8.0%) $6,020,822 (41.3%) 0.00 557
    2024-07-01 $1,887,500 (3.8%) $5,888,197 (21.0%) 0.00 655
    2024-08-01 $1,900,000 (1.1%) $5,809,357 (21.6%) 0.00 692
    2024-09-01 $1,895,000 (-5.0%) $5,746,794 (10.6%) 0.00 670
    2024-10-01 $1,762,500 (-10.8%) $5,336,329 (-2.9%) 0.00 621
    2024-11-01 $1,732,170 (-2.3%) $5,018,093 (-15.7%) 0.00 569
    Glenwood Springs's median listing price for 2024-11-01 was $1,732,170, a difference of $-40,330 (-2.3%) versus the prior year and $-30,330 versus the prior month.

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

    Glenwood Springs's average listing price for 2024-11-01 was $5,018,093, a difference of $-930,857 (-15.7%) versus the prior year and $-318,236 versus the prior month.

    For the 2024-11-01 period, Glenwood Springs had 569 MLS listings, a difference of -52 listings (-8%) versus the prior month and 32 listings (6%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Glenwood Springs (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,563 sqft
    2018-02-01 0 days 2,415 sqft
    2018-03-01 0 days 2,284 sqft
    2018-04-01 0 days 2,247 sqft
    2018-05-01 0 days 2,218 sqft
    2018-06-01 0 days 2,272 sqft
    2018-07-01 0 days 2,282 sqft
    2018-08-01 0 days 2,316 sqft
    2018-09-01 0 days 2,366 sqft
    2018-10-01 0 days 2,367 sqft
    2018-11-01 0 days 2,287 sqft
    2018-12-01 0 days 2,348 sqft
    2019-01-01 0 days 2,317 sqft
    2019-02-01 0 days 2,342 sqft
    2019-03-01 0 days 2,317 sqft
    2019-04-01 0 days 2,287 sqft
    2019-05-01 0 days 2,314 sqft
    2019-06-01 0 days 2,336 sqft
    2019-07-01 0 days 2,360 sqft
    2019-08-01 0 days 2,377 sqft
    2019-09-01 0 days 2,388 sqft
    2019-10-01 0 days 2,390 sqft
    2019-11-01 0 days 2,584 sqft
    2019-12-01 0 days 2,449 sqft
    2020-01-01 0 days 2,288 sqft
    2020-02-01 0 days 2,248 sqft
    2020-03-01 0 days 2,205 sqft
    2020-04-01 0 days 2,079 sqft
    2020-05-01 0 days 1,992 sqft
    2020-06-01 0 days 1,986 sqft
    2020-07-01 0 days 2,010 sqft
    2020-08-01 0 days 2,053 sqft
    2020-09-01 0 days 2,051 sqft
    2020-10-01 0 days 2,000 sqft
    2020-11-01 0 days 1,961 sqft
    2020-12-01 0 days 1,935 sqft
    2021-01-01 0 days 1,932 sqft
    2021-02-01 0 days 1,962 sqft
    2021-03-01 0 days 1,922 sqft
    2021-04-01 0 days 1,868 sqft
    2021-05-01 0 days 1,848 sqft
    2021-06-01 0 days 1,916 sqft
    2021-07-01 0 days 1,927 sqft
    2021-08-01 0 days 1,913 sqft
    2021-09-01 0 days 1,923 sqft
    2021-10-01 0 days 1,925 sqft
    2021-11-01 0 days 1,931 sqft
    2021-12-01 0 days 1,944 sqft
    2022-01-01 0 days 1,856 sqft
    2022-02-01 0 days 1,851 sqft
    2022-03-01 0 days 1,904 sqft
    2022-04-01 0 days 1,972 sqft
    2022-05-01 0 days 1,949 sqft
    2022-06-01 0 days 1,944 sqft
    2022-07-01 0 days 1,992 sqft
    2022-08-01 0 days 2,020 sqft
    2022-09-01 0 days 2,000 sqft
    2022-10-01 0 days 2,010 sqft
    2022-11-01 0 days 1,929 sqft
    2022-12-01 0 days 1,880 sqft
    2023-01-01 0 days 1,779 sqft
    2023-02-01 0 days 1,803 sqft
    2023-03-01 0 days 1,824 sqft
    2023-04-01 0 days 1,831 sqft
    2023-05-01 0 days 1,946 sqft
    2023-06-01 0 days 2,008 sqft
    2023-07-01 0 days 2,021 sqft
    2023-08-01 0 days 2,048 sqft
    2023-09-01 0 days 2,048 sqft
    2023-10-01 0 days 2,011 sqft
    2023-11-01 0 days 1,985 sqft
    2023-12-01 0 days 1,925 sqft
    2024-01-01 0 days 1,929 sqft
    2024-02-01 0 days 1,922 sqft
    2024-03-01 0 days 1,844 sqft
    2024-04-01 0 days 1,897 sqft
    2024-05-01 0 days 1,945 sqft
    2024-06-01 0 days 2,128 sqft
    2024-07-01 0 days 2,090 sqft
    2024-08-01 0 days 2,071 sqft
    2024-09-01 0 days 2,082 sqft
    2024-10-01 0 days 2,022 sqft
    2024-11-01 0 days 1,997 sqft
    Glenwood Springs's median listing age (time on market) for 2024-11-01 was 0 days.

    Glenwood Springs's median square footage for active listings during the 2024-11-01 period was 1,997 sqft. One year prior, the average listing was 1,985 sqft.