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
6.62%
for the week of 2024-04-12, compared to the national average (all USDA variants) of
6.705% for the same period.
Kerrville's average USDA mortgage closing costs are $6,032.
The average rate for the prior week (2024-04-05) was
6.45% and
one month ago for the week of 2024-03-08, the
average rate was 6.41%.
The average rate one year ago was 6.31%.
For refis of the same type during the week of 2024-04-12, the average rate
was 6.91%.
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 |
Kerrville's median listing price comes in at 0% of the national average.
Kerrville's average listing price for 2024-03-01 was $885,885, a difference of $-28,682 (-3.1%) versus the prior year and $31,003 versus the prior month.
For the 2024-03-01 period, Kerrville had 300 MLS listings, a difference of 11 listings (4%) versus the prior month and 103 listings (52%) 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 |
Kerrville's median square footage for active listings during the 2024-03-01 period was 2,186 sqft. One year prior, the average listing was 2,313 sqft.