Greeley USDA Loan Rates, Closing Costs & Stats

GREELEY, CO

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.

Greeley's 8 lenders originated 9 USDA loans during 2023. The total origination value was $3,745,000, with an average USDA loan value of $416,111.

Greeley USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Greeley averaged 6.43% for the week of 2024-07-12, compared to the national average (all USDA variants) of 6.672% for the same period.

Greeley's average USDA mortgage closing costs are $7,441.

The average rate for the prior week (2024-07-05) was 6.6% and one month ago for the week of 2024-06-07, the average rate was 6.16%.

The average rate one year ago was 6.64%.

For refis of the same type during the week of 2024-07-12, the average rate was 6.54%.

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

Greeley 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 Greeley level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
LOANDEPOT.COM, LLC 2 5.56% $18,965
COASTAL FUNDING SLC, INC. 1 5.75% $10,340
First Western Trust Bank 1 6.13% $7,856
Flagstar Bank, FSB 1 5.75% $16,986
Paramount Residential Mortgage Group, Inc. 1 6.63% $7,573
Plains Commerce Bank 1 4.88% $17,906
CMG MORTGAGE, INC. 1 4.50% $8,837
PLANET HOME LENDING, LLC 1 5.75% $10,340

The top Greeley USDA lender as defined by loan originations is LOANDEPOT.COM, LLC, with 2 USDA loans originated. Their average total fees are $18,965, which is $8,625 higher than the next largest lender, COASTAL FUNDING SLC, INC..

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Greeley (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 $399,950 (9.2%) $462,104 (5.3%) 1.48 697
2018-02-01 $400,000 (5.3%) $472,890 (4.5%) 1.45 673
2018-03-01 $406,041 (7.2%) $476,242 (5.0%) 1.42 669
2018-04-01 $399,950 (3.1%) $472,330 (2.4%) 1.36 683
2018-05-01 $409,975 (3.2%) $490,916 (4.0%) 1.37 681
2018-06-01 $409,000 (2.4%) $487,772 (4.8%) 1.36 752
2018-07-01 $398,855 (2.3%) $488,633 (6.7%) 1.33 803
2018-08-01 $395,056 (-0.1%) $474,132 (1.4%) 1.32 869
2018-09-01 $395,000 (-1.2%) $466,386 (-0.5%) 1.33 966
2018-10-01 $389,975 (-3.3%) $465,074 (-1.6%) 1.32 1,041
2018-11-01 $396,000 (-1.0%) $466,735 (-0.5%) 1.34 1,024
2018-12-01 $398,495 (-0.4%) $469,296 (0.7%) 1.37 928
2019-01-01 $395,104 (-1.2%) $473,477 (2.5%) 1.37 863
2019-02-01 $393,500 (-1.6%) $469,445 (-0.7%) 1.33 855
2019-03-01 $406,386 (0.1%) $475,290 (-0.2%) 1.33 895
2019-04-01 $411,361 (2.9%) $479,445 (1.5%) 1.31 961
2019-05-01 $412,200 (0.5%) $477,500 (-2.7%) 1.29 990
2019-06-01 $409,900 (0.2%) $472,627 (-3.1%) 1.28 1,105
2019-07-01 $400,000 (0.3%) $462,963 (-5.3%) 1.25 1,161
2019-08-01 $399,900 (1.2%) $463,264 (-2.3%) 1.27 1,183
2019-09-01 $399,900 (1.2%) $464,072 (-0.5%) 1.28 1,174
2019-10-01 $399,875 (2.5%) $464,596 (-0.1%) 1.29 1,157
2019-11-01 $402,250 (1.6%) $471,820 (1.1%) 1.32 1,076
2019-12-01 $404,904 (1.6%) $478,880 (2.0%) 1.35 950
2020-01-01 $417,225 (5.6%) $498,128 (5.2%) 1.39 780
2020-02-01 $425,000 (8.0%) $503,700 (7.3%) 1.39 687
2020-03-01 $437,013 (7.5%) $508,974 (7.1%) 1.37 713
2020-04-01 $425,000 (3.3%) $501,433 (4.6%) 1.33 854
2020-05-01 $425,000 (3.1%) $501,748 (5.1%) 1.29 965
2020-06-01 $424,903 (3.7%) $504,842 (6.8%) 1.25 929
2020-07-01 $431,825 (8.0%) $513,437 (10.9%) 1.25 841
2020-08-01 $424,579 (6.2%) $512,270 (10.6%) 1.22 820
2020-09-01 $426,175 (6.6%) $516,394 (11.3%) 1.22 786
2020-10-01 $429,725 (7.5%) $518,186 (11.5%) 1.23 685
2020-11-01 $428,823 (6.6%) $521,891 (10.6%) 1.25 638
2020-12-01 $424,975 (5.0%) $519,953 (8.6%) 1.26 543
2021-01-01 $442,522 (6.1%) $552,102 (10.8%) 1.32 456
2021-02-01 $456,520 (7.4%) $580,546 (15.3%) 1.33 388
2021-03-01 $462,276 (5.8%) $582,681 (14.5%) 1.31 383
2021-04-01 $474,625 (11.7%) $592,535 (18.2%) 1.28 370
2021-05-01 $475,000 (11.8%) $571,683 (13.9%) 1.26 355
2021-06-01 $486,250 (14.4%) $576,137 (14.1%) 1.28 375
2021-07-01 $485,000 (12.3%) $580,371 (13.0%) 1.28 449
2021-08-01 $499,995 (17.8%) $589,574 (15.1%) 1.33 452
2021-09-01 $494,348 (16.0%) $609,558 (18.0%) 1.32 460
2021-10-01 $498,000 (15.9%) $632,268 (22.0%) 1.33 463
2021-11-01 $490,388 (14.4%) $627,021 (20.1%) 1.31 426
2021-12-01 $453,755 (6.8%) $563,842 (8.4%) 1.23 763
2022-01-01 $499,950 (13.0%) $657,478 (19.1%) 1.35 286
2022-02-01 $505,000 (10.6%) $699,308 (20.5%) 1.31 273
2022-03-01 $518,400 (12.1%) $678,983 (16.5%) 1.30 302
2022-04-01 $539,950 (13.8%) $694,062 (17.1%) 1.29 311
2022-05-01 $543,125 (14.3%) $700,373 (22.5%) 1.24 448
2022-06-01 $550,000 (13.1%) $685,478 (19.0%) 1.22 648
2022-07-01 $545,000 (12.4%) $677,201 (16.7%) 1.23 877
2022-08-01 $531,500 (6.3%) $670,568 (13.7%) 1.23 919
2022-09-01 $523,095 (5.8%) $658,267 (8.0%) 1.22 927
2022-10-01 $514,883 (3.4%) $645,087 (2.0%) 1.21 909
2022-11-01 $515,000 (5.0%) $630,578 (0.6%) 1.24 919
2022-12-01 $514,900 (13.5%) $632,311 (12.1%) 1.27 758
2023-01-01 $519,475 (3.9%) $631,152 (-4.0%) 1.29 679
2023-02-01 $518,908 (2.8%) $638,648 (-8.7%) 1.25 597
2023-03-01 $527,450 (1.8%) $650,815 (-4.2%) 1.24 595
2023-04-01 $540,000 (0.0%) $675,661 (-2.7%) 1.26 656
2023-05-01 $540,045 (-0.6%) $679,066 (-3.0%) 1.22 720
2023-06-01 $541,950 (-1.5%) $676,695 (-1.3%) 1.22 797
2023-07-01 $540,000 (-0.9%) $653,877 (-3.4%) 1.23 892
2023-08-01 $533,650 (0.4%) $657,414 (-2.0%) 1.23 925
2023-09-01 $530,000 (1.3%) $637,597 (-3.1%) 1.23 916
2023-10-01 $519,950 (1.0%) $634,295 (-1.7%) 1.22 971
2023-11-01 $513,325 (-0.3%) $634,299 (0.6%) 1.22 971
2023-12-01 $515,000 (0.0%) $646,962 (2.3%) 1.26 832
2024-01-01 $519,975 (0.1%) $666,488 (5.6%) 1.27 730
2024-02-01 $524,334 (1.1%) $690,549 (8.1%) 1.26 776
2024-03-01 $532,400 (0.9%) $697,685 (7.2%) 1.25 830
2024-04-01 $540,565 (0.1%) $703,608 (4.1%) 1.26 829
2024-05-01 $554,118 (2.6%) $733,463 (8.0%) 1.25 898
2024-06-01 $550,000 (1.5%) $730,023 (7.9%) 1.24 1,025
Greeley's median listing price for 2024-06-01 was $550,000, a difference of $8,050 (1.5%) versus the prior year and $-4,118 versus the prior month.

Greeley's median listing price comes in at 124% of the national average.

Greeley's average listing price for 2024-06-01 was $730,023, a difference of $53,328 (7.9%) versus the prior year and $-3,440 versus the prior month.

For the 2024-06-01 period, Greeley had 1,025 MLS listings, a difference of 127 listings (14%) versus the prior month and 228 listings (29%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Greeley (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 67 days 3,109 sqft
2018-02-01 52 days 3,099 sqft
2018-03-01 36 days 3,082 sqft
2018-04-01 32 days 2,995 sqft
2018-05-01 33 days 3,087 sqft
2018-06-01 34 days 3,012 sqft
2018-07-01 36 days 2,961 sqft
2018-08-01 33 days 2,922 sqft
2018-09-01 37 days 2,928 sqft
2018-10-01 40 days 2,890 sqft
2018-11-01 49 days 2,911 sqft
2018-12-01 58 days 2,893 sqft
2019-01-01 57 days 2,842 sqft
2019-02-01 39 days 2,832 sqft
2019-03-01 38 days 2,872 sqft
2019-04-01 38 days 2,922 sqft
2019-05-01 38 days 2,906 sqft
2019-06-01 37 days 2,876 sqft
2019-07-01 41 days 2,833 sqft
2019-08-01 42 days 2,814 sqft
2019-09-01 43 days 2,810 sqft
2019-10-01 44 days 2,810 sqft
2019-11-01 49 days 2,851 sqft
2019-12-01 56 days 2,837 sqft
2020-01-01 65 days 2,910 sqft
2020-02-01 44 days 2,994 sqft
2020-03-01 31 days 3,031 sqft
2020-04-01 35 days 2,909 sqft
2020-05-01 40 days 2,873 sqft
2020-06-01 37 days 2,840 sqft
2020-07-01 37 days 2,915 sqft
2020-08-01 35 days 2,836 sqft
2020-09-01 37 days 2,713 sqft
2020-10-01 37 days 2,735 sqft
2020-11-01 42 days 2,659 sqft
2020-12-01 52 days 2,634 sqft
2021-01-01 64 days 2,687 sqft
2021-02-01 36 days 2,741 sqft
2021-03-01 25 days 2,680 sqft
2021-04-01 27 days 2,671 sqft
2021-05-01 25 days 2,681 sqft
2021-06-01 26 days 2,583 sqft
2021-07-01 26 days 2,570 sqft
2021-08-01 31 days 2,597 sqft
2021-09-01 35 days 2,519 sqft
2021-10-01 35 days 2,561 sqft
2021-11-01 37 days 2,544 sqft
2021-12-01 40 days 2,493 sqft
2022-01-01 38 days 2,496 sqft
2022-02-01 31 days 2,576 sqft
2022-03-01 22 days 2,591 sqft
2022-04-01 21 days 2,707 sqft
2022-05-01 18 days 2,763 sqft
2022-06-01 21 days 2,807 sqft
2022-07-01 27 days 2,761 sqft
2022-08-01 35 days 2,630 sqft
2022-09-01 40 days 2,590 sqft
2022-10-01 44 days 2,560 sqft
2022-11-01 46 days 2,559 sqft
2022-12-01 61 days 2,564 sqft
2023-01-01 70 days 2,574 sqft
2023-02-01 51 days 2,577 sqft
2023-03-01 39 days 2,646 sqft
2023-04-01 31 days 2,651 sqft
2023-05-01 33 days 2,764 sqft
2023-06-01 38 days 2,739 sqft
2023-07-01 38 days 2,745 sqft
2023-08-01 41 days 2,715 sqft
2023-09-01 44 days 2,653 sqft
2023-10-01 43 days 2,559 sqft
2023-11-01 47 days 2,558 sqft
2023-12-01 63 days 2,546 sqft
2024-01-01 69 days 2,558 sqft
2024-02-01 42 days 2,593 sqft
2024-03-01 38 days 2,576 sqft
2024-04-01 43 days 2,606 sqft
2024-05-01 32 days 2,638 sqft
2024-06-01 35 days 2,614 sqft
Greeley's median listing age (time on market) for 2024-06-01 was 35 days. This is -7% shorter than the same period one year ago.

Greeley's median square footage for active listings during the 2024-06-01 period was 2,614 sqft. One year prior, the average listing was 2,739 sqft.