La Grande USDA Loan Rates, Closing Costs & Stats

La Grande, OR

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.

La Grande's 5 lenders originated 14 USDA loans during 2023. The total origination value was $3,230,000, with an average USDA loan value of $230,714.

La Grande USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in La Grande averaged 0.12% for the week of 2024-11-29, compared to the national average (all USDA variants) of 0% for the same period.

La Grande's average USDA mortgage closing costs are $5,737.

The average rate for the prior week (2024-11-22) was 6.52% and one month ago for the week of 2024-10-25, the average rate was 6.32%.

The average rate one year ago was 7.22%.

For refis of the same type during the week of 2024-11-29, the average rate was 0.1%.

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

La Grande 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 La Grande level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
MANN FINANCIAL INC. 7 6.93% $8,898
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.42% $8,597
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.50% $8,840
CROSSCOUNTRY MORTGAGE, LLC 1 5.50% $10,229
GUILD MORTGAGE COMPANY 1 5.63% $9,189

The top La Grande USDA lender as defined by loan originations is MANN FINANCIAL INC., with 7 USDA loans originated. Their average total fees are $8,898, which is $301 higher than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - La Grande (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 $237,925 (-8.5%) $346,232 (0.8%) 0.00 76
2018-02-01 $254,950 (0.0%) $373,800 (4.7%) 0.00 68
2018-03-01 $249,000 (-7.8%) $374,451 (1.0%) 0.00 71
2018-04-01 $279,125 (5.3%) $428,410 (16.3%) 0.00 72
2018-05-01 $276,950 (2.1%) $416,206 (12.2%) 0.00 78
2018-06-01 $275,000 (5.9%) $415,301 (19.8%) 0.00 82
2018-07-01 $265,000 (-6.8%) $337,652 (-12.6%) 0.00 84
2018-08-01 $266,425 (-2.1%) $353,273 (-3.9%) 0.00 87
2018-09-01 $291,250 (9.9%) $366,306 (3.9%) 0.00 73
2018-10-01 $285,000 (6.7%) $356,457 (3.6%) 0.00 76
2018-11-01 $287,500 (5.2%) $370,146 (2.3%) 0.00 70
2018-12-01 $277,450 (17.6%) $361,084 (5.7%) 0.00 67
2019-01-01 $274,950 (15.6%) $363,875 (5.1%) 0.00 65
2019-02-01 $279,975 (9.8%) $369,768 (-1.1%) 0.00 61
2019-03-01 $277,829 (11.6%) $365,886 (-2.3%) 0.00 65
2019-04-01 $275,354 (-1.4%) $365,493 (-14.7%) 0.00 74
2019-05-01 $278,450 (0.5%) $369,002 (-11.3%) 0.00 80
2019-06-01 $269,900 (-1.9%) $376,626 (-9.3%) 0.00 93
2019-07-01 $278,000 (4.9%) $383,276 (13.5%) 0.00 89
2019-08-01 $273,427 (2.6%) $395,241 (11.9%) 0.00 87
2019-09-01 $268,068 (-8.0%) $412,465 (12.6%) 0.00 83
2019-10-01 $263,900 (-7.4%) $365,435 (2.5%) 0.00 78
2019-11-01 $263,900 (-8.2%) $306,581 (-17.2%) 0.00 65
2019-12-01 $244,748 (-11.8%) $279,488 (-22.6%) 0.00 60
2020-01-01 $242,975 (-11.6%) $268,671 (-26.2%) 0.00 52
2020-02-01 $240,000 (-14.3%) $258,361 (-30.1%) 0.00 46
2020-03-01 $213,500 (-23.2%) $251,736 (-31.2%) 0.00 44
2020-04-01 $219,000 (-20.5%) $251,954 (-31.1%) 0.00 46
2020-05-01 $239,995 (-13.8%) $257,745 (-30.2%) 0.00 42
2020-06-01 $253,000 (-6.3%) $324,508 (-13.8%) 0.00 34
2020-07-01 $280,298 (0.8%) $315,990 (-17.6%) 0.00 37
2020-08-01 $254,900 (-6.8%) $327,799 (-17.1%) 0.00 34
2020-09-01 $234,500 (-12.5%) $309,178 (-25.0%) 0.00 31
2020-10-01 $262,500 (-0.5%) $364,688 (-0.2%) 0.00 22
2020-11-01 $245,400 (-7.0%) $345,059 (12.6%) 0.00 21
2020-12-01 $231,200 (-5.5%) $317,749 (13.7%) 0.00 24
2021-01-01 $261,700 (7.7%) $334,159 (24.4%) 0.00 22
2021-02-01 $286,325 (19.3%) $356,821 (38.1%) 0.00 15
2021-03-01 $289,750 (35.7%) $373,427 (48.3%) 0.00 17
2021-04-01 $269,000 (22.8%) $429,227 (70.4%) 0.00 18
2021-05-01 $385,000 (60.4%) $468,458 (81.8%) 0.00 22
2021-06-01 $332,125 (31.3%) $417,841 (28.8%) 0.00 32
2021-07-01 $350,000 (24.9%) $415,479 (31.5%) 0.00 26
2021-08-01 $349,500 (37.1%) $395,544 (20.7%) 0.00 24
2021-09-01 $271,375 (15.7%) $324,540 (5.0%) 0.00 38
2021-10-01 $285,000 (8.6%) $326,684 (-10.4%) 0.00 37
2021-11-01 $290,000 (18.2%) $354,038 (2.6%) 0.00 24
2021-12-01 $277,750 (20.1%) $330,011 (3.9%) 0.00 23
2022-01-01 $263,450 (0.7%) $314,548 (-5.9%) 0.00 20
2022-02-01 $303,825 (6.1%) $338,808 (-5.1%) 0.00 17
2022-03-01 $282,225 (-2.6%) $338,245 (-9.4%) 0.00 16
2022-04-01 $315,000 (17.1%) $372,005 (-13.3%) 0.00 22
2022-05-01 $375,625 (-2.4%) $447,453 (-4.5%) 0.00 33
2022-06-01 $330,950 (-0.4%) $634,533 (51.9%) 0.00 50
2022-07-01 $329,900 (-5.7%) $618,278 (48.8%) 0.00 51
2022-08-01 $319,000 (-8.7%) $646,417 (63.4%) 0.00 45
2022-09-01 $327,500 (20.7%) $653,027 (101.2%) 0.00 52
2022-10-01 $380,000 (33.3%) $722,243 (121.1%) 0.00 51
2022-11-01 $377,225 (30.1%) $737,357 (108.3%) 0.00 50
2022-12-01 $344,500 (24.0%) $538,265 (63.1%) 0.00 41
2023-01-01 $343,200 (30.3%) $520,279 (65.4%) 0.00 40
2023-02-01 $371,000 (22.1%) $553,850 (63.5%) 0.00 39
2023-03-01 $410,250 (45.4%) $601,412 (77.8%) 0.00 37
2023-04-01 $375,000 (19.1%) $593,441 (59.5%) 0.00 40
2023-05-01 $361,625 (-3.7%) $572,484 (27.9%) 0.00 32
2023-06-01 $377,500 (14.1%) $818,312 (29.0%) 0.00 38
2023-07-01 $375,000 (13.7%) $781,240 (26.4%) 0.00 45
2023-08-01 $429,750 (34.7%) $753,596 (16.6%) 0.00 50
2023-09-01 $370,000 (13.0%) $688,008 (5.4%) 0.00 61
2023-10-01 $351,750 (-7.4%) $680,977 (-5.7%) 0.00 57
2023-11-01 $323,875 (-14.1%) $658,579 (-10.7%) 0.00 55
2023-12-01 $298,950 (-13.2%) $630,387 (17.1%) 0.00 47
2024-01-01 $326,000 (-5.0%) $702,009 (34.9%) 0.00 40
2024-02-01 $359,625 (-3.1%) $739,046 (33.4%) 0.00 40
2024-03-01 $395,750 (-3.5%) $716,865 (19.2%) 0.00 46
2024-04-01 $393,950 (5.1%) $694,182 (17.0%) 0.00 48
2024-05-01 $385,900 (6.7%) $695,201 (21.4%) 0.00 59
2024-06-01 $400,000 (6.0%) $712,916 (-12.9%) 0.00 55
2024-07-01 $385,900 (2.9%) $683,387 (-12.5%) 0.00 56
2024-08-01 $385,900 (-10.2%) $667,501 (-11.4%) 0.00 56
2024-09-01 $390,725 (5.6%) $657,322 (-4.5%) 0.00 64
2024-10-01 $388,500 (10.5%) $806,707 (18.5%) 0.00 59
La Grande's median listing price for 2024-10-01 was $388,500, a difference of $36,750 (10.5%) versus the prior year and $-2,225 versus the prior month.

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

La Grande's average listing price for 2024-10-01 was $806,707, a difference of $125,730 (18.5%) versus the prior year and $149,385 versus the prior month.

For the 2024-10-01 period, La Grande had 59 MLS listings, a difference of -5 listings (-8%) versus the prior month and 2 listings (4%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - La Grande (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,067 sqft
2018-02-01 0 days 2,129 sqft
2018-03-01 0 days 2,003 sqft
2018-04-01 0 days 2,252 sqft
2018-05-01 0 days 2,273 sqft
2018-06-01 0 days 2,214 sqft
2018-07-01 0 days 2,116 sqft
2018-08-01 0 days 2,017 sqft
2018-09-01 0 days 1,997 sqft
2018-10-01 0 days 1,998 sqft
2018-11-01 0 days 2,019 sqft
2018-12-01 0 days 2,046 sqft
2019-01-01 0 days 2,074 sqft
2019-02-01 0 days 2,053 sqft
2019-03-01 0 days 2,004 sqft
2019-04-01 0 days 2,014 sqft
2019-05-01 0 days 1,933 sqft
2019-06-01 0 days 1,906 sqft
2019-07-01 0 days 1,977 sqft
2019-08-01 0 days 1,993 sqft
2019-09-01 0 days 1,946 sqft
2019-10-01 0 days 1,947 sqft
2019-11-01 0 days 2,015 sqft
2019-12-01 0 days 1,973 sqft
2020-01-01 0 days 1,969 sqft
2020-02-01 0 days 1,973 sqft
2020-03-01 0 days 1,873 sqft
2020-04-01 0 days 1,925 sqft
2020-05-01 0 days 1,974 sqft
2020-06-01 0 days 1,967 sqft
2020-07-01 0 days 2,019 sqft
2020-08-01 0 days 2,153 sqft
2020-09-01 0 days 1,991 sqft
2020-10-01 0 days 1,939 sqft
2020-11-01 0 days 1,815 sqft
2020-12-01 0 days 1,675 sqft
2021-01-01 0 days 1,765 sqft
2021-02-01 0 days 1,749 sqft
2021-03-01 0 days 1,859 sqft
2021-04-01 0 days 1,946 sqft
2021-05-01 0 days 1,954 sqft
2021-06-01 0 days 1,709 sqft
2021-07-01 0 days 2,112 sqft
2021-08-01 0 days 2,038 sqft
2021-09-01 0 days 2,004 sqft
2021-10-01 0 days 2,016 sqft
2021-11-01 0 days 2,054 sqft
2021-12-01 0 days 2,090 sqft
2022-01-01 0 days 1,889 sqft
2022-02-01 0 days 1,499 sqft
2022-03-01 0 days 1,736 sqft
2022-04-01 0 days 1,706 sqft
2022-05-01 0 days 2,016 sqft
2022-06-01 0 days 1,783 sqft
2022-07-01 0 days 1,786 sqft
2022-08-01 0 days 1,772 sqft
2022-09-01 0 days 1,804 sqft
2022-10-01 0 days 1,950 sqft
2022-11-01 0 days 2,017 sqft
2022-12-01 0 days 1,975 sqft
2023-01-01 0 days 1,838 sqft
2023-02-01 0 days 1,912 sqft
2023-03-01 0 days 2,164 sqft
2023-04-01 0 days 2,393 sqft
2023-05-01 0 days 2,036 sqft
2023-06-01 0 days 2,010 sqft
2023-07-01 0 days 1,864 sqft
2023-08-01 0 days 2,185 sqft
2023-09-01 0 days 1,969 sqft
2023-10-01 0 days 1,919 sqft
2023-11-01 0 days 1,954 sqft
2023-12-01 0 days 1,854 sqft
2024-01-01 0 days 1,885 sqft
2024-02-01 0 days 1,931 sqft
2024-03-01 0 days 2,143 sqft
2024-04-01 0 days 2,196 sqft
2024-05-01 0 days 2,162 sqft
2024-06-01 0 days 2,182 sqft
2024-07-01 0 days 2,084 sqft
2024-08-01 0 days 2,181 sqft
2024-09-01 0 days 2,181 sqft
2024-10-01 0 days 2,144 sqft
La Grande's median listing age (time on market) for 2024-10-01 was 0 days.

La Grande's median square footage for active listings during the 2024-10-01 period was 2,144 sqft. One year prior, the average listing was 1,919 sqft.