Greeley USDA Loan Rates, Closing Costs & Stats

GREELEY, 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.

    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 6.32% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

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

    The average rate for the prior week (2024-04-12) was 6.27% and one month ago for the week of 2024-03-15, the average rate was 6.46%.

    The average rate one year ago was 6%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.83%.

    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
    Greeley's median listing price for 2024-03-01 was $532,400, a difference of $4,950 (0.9%) versus the prior year and $8,066 versus the prior month.

    Greeley's median listing price comes in at 125% of the national average.

    Greeley's average listing price for 2024-03-01 was $697,685, a difference of $46,870 (7.2%) versus the prior year and $7,136 versus the prior month.

    For the 2024-03-01 period, Greeley had 830 MLS listings, a difference of 54 listings (7%) versus the prior month and 235 listings (39%) 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
    Greeley's median listing age (time on market) for 2024-03-01 was 38 days. This is -1% shorter than the same period one year ago.

    Greeley's median square footage for active listings during the 2024-03-01 period was 2,576 sqft. One year prior, the average listing was 2,646 sqft.