Kerrville USDA Loan Rates, Closing Costs & Stats

Kerrville, TX

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.

Kerrville's 1 lenders originated 1 USDA loans during 2023. The total origination value was $275,000, with an average USDA loan value of $275,000.

Kerrville USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Kerrville averaged 6% for the week of 2024-10-11, compared to the national average (all USDA variants) of 6.08% for the same period.

Kerrville's average USDA mortgage closing costs are $6,032.

The average rate for the prior week (2024-10-04) was 6.09% and one month ago for the week of 2024-09-06, the average rate was 6.08%.

The average rate one year ago was 7.47%.

For refis of the same type during the week of 2024-10-11, the average rate was 6.28%.

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

Kerrville 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 Kerrville level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
V.I.P. MORTGAGE, INC. 1 5.63% $9,216

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Kerrville (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 $402,637 (13.1%) $644,553 (5.7%) 0.00 282
2018-02-01 $391,175 (13.6%) $631,240 (7.4%) 0.00 276
2018-03-01 $399,000 (10.9%) $639,529 (9.3%) 0.00 286
2018-04-01 $399,000 (6.4%) $612,427 (3.1%) 0.00 300
2018-05-01 $411,000 (9.3%) $620,616 (4.2%) 0.00 303
2018-06-01 $425,000 (11.9%) $632,643 (4.9%) 0.00 321
2018-07-01 $421,500 (9.5%) $612,455 (-0.9%) 0.00 339
2018-08-01 $416,875 (7.4%) $613,713 (1.2%) 0.00 341
2018-09-01 $404,269 (1.4%) $619,201 (0.0%) 0.00 338
2018-10-01 $419,225 (-1.1%) $646,401 (1.1%) 0.00 310
2018-11-01 $419,225 (1.7%) $634,264 (1.2%) 0.00 303
2018-12-01 $412,475 (-1.6%) $620,527 (-2.7%) 0.00 305
2019-01-01 $419,025 (4.1%) $632,490 (-1.9%) 0.00 278
2019-02-01 $403,688 (3.2%) $652,066 (3.3%) 0.00 284
2019-03-01 $403,764 (1.2%) $671,261 (5.0%) 0.00 291
2019-04-01 $403,964 (1.2%) $666,168 (8.8%) 0.00 303
2019-05-01 $399,900 (-2.7%) $824,091 (32.8%) 0.00 321
2019-06-01 $416,300 (-2.1%) $890,423 (40.8%) 0.00 331
2019-07-01 $399,250 (-5.3%) $842,227 (37.5%) 0.00 353
2019-08-01 $399,000 (-4.3%) $823,717 (34.2%) 0.00 358
2019-09-01 $399,000 (-1.3%) $818,060 (32.1%) 0.00 348
2019-10-01 $399,000 (-4.8%) $814,289 (26.0%) 0.00 336
2019-11-01 $399,900 (-4.6%) $772,422 (21.8%) 0.00 324
2019-12-01 $452,500 (9.7%) $789,595 (27.3%) 0.00 299
2020-01-01 $444,925 (6.2%) $699,494 (10.6%) 0.00 275
2020-02-01 $439,000 (8.8%) $672,344 (3.1%) 0.00 274
2020-03-01 $439,700 (8.9%) $707,260 (5.4%) 0.00 278
2020-04-01 $439,900 (8.9%) $731,273 (9.8%) 0.00 278
2020-05-01 $462,450 (15.6%) $783,686 (-4.9%) 0.00 277
2020-06-01 $462,450 (11.1%) $776,643 (-12.8%) 0.00 275
2020-07-01 $444,625 (11.4%) $766,365 (-9.0%) 0.00 279
2020-08-01 $469,000 (17.5%) $793,945 (-3.6%) 0.00 251
2020-09-01 $469,125 (17.6%) $790,343 (-3.4%) 0.00 233
2020-10-01 $439,875 (10.2%) $765,050 (-6.1%) 0.00 235
2020-11-01 $437,000 (9.3%) $718,811 (-6.9%) 0.00 224
2020-12-01 $446,475 (-1.3%) $751,120 (-4.9%) 0.00 194
2021-01-01 $430,500 (-3.2%) $843,215 (20.6%) 0.00 160
2021-02-01 $454,200 (3.5%) $877,946 (30.6%) 0.00 153
2021-03-01 $445,950 (1.4%) $897,349 (26.9%) 0.00 145
2021-04-01 $454,750 (3.4%) $938,430 (28.3%) 0.00 139
2021-05-01 $490,000 (6.0%) $957,202 (22.1%) 0.00 137
2021-06-01 $449,250 (-2.9%) $852,212 (9.7%) 0.00 139
2021-07-01 $465,000 (4.6%) $817,912 (6.7%) 0.00 171
2021-08-01 $467,600 (-0.3%) $807,143 (1.7%) 0.00 180
2021-09-01 $475,500 (1.4%) $813,251 (2.9%) 0.00 170
2021-10-01 $492,500 (12.0%) $827,125 (8.1%) 0.00 158
2021-11-01 $514,500 (17.7%) $909,697 (26.6%) 0.00 163
2021-12-01 $497,750 (11.5%) $872,533 (16.2%) 0.00 150
2022-01-01 $504,988 (17.3%) $875,580 (3.8%) 0.00 140
2022-02-01 $521,225 (14.8%) $930,545 (6.0%) 0.00 124
2022-03-01 $520,475 (16.7%) $904,516 (0.8%) 0.00 133
2022-04-01 $534,500 (17.5%) $954,106 (1.7%) 0.00 136
2022-05-01 $482,000 (-1.6%) $888,188 (-7.2%) 0.00 140
2022-06-01 $436,625 (-2.8%) $969,505 (13.8%) 0.00 149
2022-07-01 $500,000 (7.5%) $949,107 (16.0%) 0.00 167
2022-08-01 $515,469 (10.2%) $931,821 (15.5%) 0.00 201
2022-09-01 $501,381 (5.4%) $895,167 (10.1%) 0.00 216
2022-10-01 $497,450 (1.0%) $832,255 (0.6%) 0.00 232
2022-11-01 $551,475 (7.2%) $844,864 (-7.1%) 0.00 240
2022-12-01 $544,900 (9.5%) $814,767 (-6.6%) 0.00 234
2023-01-01 $539,450 (6.8%) $828,269 (-5.4%) 0.00 214
2023-02-01 $575,000 (10.3%) $885,792 (-4.8%) 0.00 197
2023-03-01 $597,000 (14.7%) $914,567 (1.1%) 0.00 197
2023-04-01 $580,000 (8.5%) $904,752 (-5.2%) 0.00 197
2023-05-01 $598,000 (24.1%) $931,985 (4.9%) 0.00 210
2023-06-01 $629,317 (44.1%) $952,717 (-1.7%) 0.00 208
2023-07-01 $599,000 (19.8%) $919,819 (-3.1%) 0.00 209
2023-08-01 $599,000 (16.2%) $935,302 (0.4%) 0.00 245
2023-09-01 $619,900 (23.6%) $943,965 (5.5%) 0.00 251
2023-10-01 $596,500 (19.9%) $917,951 (10.3%) 0.00 252
2023-11-01 $590,500 (7.1%) $960,027 (13.6%) 0.00 263
2023-12-01 $589,000 (8.1%) $962,901 (18.2%) 0.00 273
2024-01-01 $527,250 (-2.3%) $891,607 (7.7%) 0.00 281
2024-02-01 $554,191 (-3.6%) $854,882 (-3.5%) 0.00 289
2024-03-01 $560,000 (-6.2%) $885,885 (-3.1%) 0.00 300
2024-04-01 $567,000 (-2.2%) $884,483 (-2.2%) 0.00 313
2024-05-01 $573,110 (-4.2%) $882,359 (-5.3%) 0.00 334
2024-06-01 $560,000 (-11.0%) $875,144 (-8.1%) 0.00 349
2024-07-01 $563,000 (-6.0%) $857,557 (-6.8%) 0.00 359
2024-08-01 $547,433 (-8.6%) $834,684 (-10.8%) 0.00 380
2024-09-01 $529,500 (-14.6%) $809,906 (-14.2%) 0.00 384
Kerrville's median listing price for 2024-09-01 was $529,500, a difference of $-90,400 (-14.6%) versus the prior year and $-17,933 versus the prior month.

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

Kerrville's average listing price for 2024-09-01 was $809,906, a difference of $-134,059 (-14.2%) versus the prior year and $-24,778 versus the prior month.

For the 2024-09-01 period, Kerrville had 384 MLS listings, a difference of 4 listings (1%) versus the prior month and 133 listings (53%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Kerrville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,542 sqft
2018-02-01 0 days 2,489 sqft
2018-03-01 0 days 2,453 sqft
2018-04-01 0 days 2,453 sqft
2018-05-01 0 days 2,539 sqft
2018-06-01 0 days 2,597 sqft
2018-07-01 0 days 2,601 sqft
2018-08-01 0 days 2,607 sqft
2018-09-01 0 days 2,527 sqft
2018-10-01 0 days 2,550 sqft
2018-11-01 0 days 2,505 sqft
2018-12-01 0 days 2,414 sqft
2019-01-01 0 days 2,490 sqft
2019-02-01 0 days 2,541 sqft
2019-03-01 0 days 2,619 sqft
2019-04-01 0 days 2,629 sqft
2019-05-01 0 days 2,539 sqft
2019-06-01 0 days 2,434 sqft
2019-07-01 0 days 2,386 sqft
2019-08-01 0 days 2,397 sqft
2019-09-01 0 days 2,406 sqft
2019-10-01 0 days 2,415 sqft
2019-11-01 0 days 2,454 sqft
2019-12-01 0 days 2,545 sqft
2020-01-01 0 days 2,535 sqft
2020-02-01 0 days 2,505 sqft
2020-03-01 0 days 2,519 sqft
2020-04-01 0 days 2,508 sqft
2020-05-01 0 days 2,476 sqft
2020-06-01 0 days 2,465 sqft
2020-07-01 0 days 2,418 sqft
2020-08-01 0 days 2,450 sqft
2020-09-01 0 days 2,333 sqft
2020-10-01 0 days 2,295 sqft
2020-11-01 0 days 2,320 sqft
2020-12-01 0 days 2,365 sqft
2021-01-01 0 days 2,334 sqft
2021-02-01 0 days 2,335 sqft
2021-03-01 0 days 2,260 sqft
2021-04-01 0 days 2,360 sqft
2021-05-01 0 days 2,342 sqft
2021-06-01 0 days 2,208 sqft
2021-07-01 0 days 2,061 sqft
2021-08-01 0 days 2,087 sqft
2021-09-01 0 days 2,120 sqft
2021-10-01 0 days 2,080 sqft
2021-11-01 0 days 2,208 sqft
2021-12-01 0 days 2,148 sqft
2022-01-01 0 days 2,157 sqft
2022-02-01 0 days 2,206 sqft
2022-03-01 0 days 2,221 sqft
2022-04-01 0 days 2,232 sqft
2022-05-01 0 days 2,043 sqft
2022-06-01 0 days 1,911 sqft
2022-07-01 0 days 2,040 sqft
2022-08-01 0 days 2,136 sqft
2022-09-01 0 days 2,038 sqft
2022-10-01 0 days 2,027 sqft
2022-11-01 0 days 2,177 sqft
2022-12-01 0 days 2,133 sqft
2023-01-01 0 days 2,130 sqft
2023-02-01 0 days 2,235 sqft
2023-03-01 0 days 2,313 sqft
2023-04-01 0 days 2,300 sqft
2023-05-01 0 days 2,334 sqft
2023-06-01 0 days 2,322 sqft
2023-07-01 0 days 2,250 sqft
2023-08-01 0 days 2,249 sqft
2023-09-01 0 days 2,263 sqft
2023-10-01 0 days 2,203 sqft
2023-11-01 0 days 2,163 sqft
2023-12-01 0 days 2,186 sqft
2024-01-01 0 days 2,114 sqft
2024-02-01 0 days 2,130 sqft
2024-03-01 0 days 2,186 sqft
2024-04-01 0 days 2,146 sqft
2024-05-01 0 days 2,180 sqft
2024-06-01 0 days 2,135 sqft
2024-07-01 0 days 2,143 sqft
2024-08-01 0 days 2,095 sqft
2024-09-01 0 days 2,083 sqft
Kerrville's median listing age (time on market) for 2024-09-01 was 0 days.

Kerrville's median square footage for active listings during the 2024-09-01 period was 2,083 sqft. One year prior, the average listing was 2,263 sqft.