Laredo USDA Loan Rates, Closing Costs & Stats

LAREDO, TX

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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.

    Laredo USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Laredo averaged 6.33% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Laredo's average USDA mortgage closing costs are $6,978.

    The average rate for the prior week (2025-02-07) was 6.39% and one month ago for the week of 2025-01-10, the average rate was 6.24%.

    The average rate one year ago was 6.03%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.63%.

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

    Laredo 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 Laredo level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Laredo (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 $179,000 (2.3%) $223,122 (4.0%) 0.66 579
    2018-02-01 $179,450 (2.6%) $221,027 (3.0%) 0.65 612
    2018-03-01 $185,000 (3.6%) $223,659 (0.7%) 0.65 599
    2018-04-01 $185,000 (3.4%) $222,707 (-0.3%) 0.63 589
    2018-05-01 $184,900 (2.7%) $221,452 (-3.1%) 0.62 567
    2018-06-01 $185,000 (2.8%) $225,738 (-4.3%) 0.62 578
    2018-07-01 $184,000 (-0.5%) $222,285 (-6.8%) 0.61 612
    2018-08-01 $185,000 (0.0%) $223,233 (-5.1%) 0.62 622
    2018-09-01 $178,000 (-3.7%) $215,780 (-6.6%) 0.60 601
    2018-10-01 $174,575 (-4.2%) $210,596 (-8.7%) 0.59 591
    2018-11-01 $175,450 (-2.5%) $213,128 (-5.5%) 0.59 569
    2018-12-01 $174,000 (-3.3%) $208,680 (-6.7%) 0.60 542
    2019-01-01 $178,500 (-0.3%) $207,982 (-6.8%) 0.62 515
    2019-02-01 $179,250 (-0.1%) $208,654 (-5.6%) 0.61 532
    2019-03-01 $178,857 (-3.3%) $211,874 (-5.3%) 0.58 536
    2019-04-01 $179,807 (-2.8%) $217,539 (-2.3%) 0.57 510
    2019-05-01 $180,000 (-2.7%) $219,709 (-0.8%) 0.56 507
    2019-06-01 $184,900 (-0.1%) $228,665 (1.3%) 0.58 517
    2019-07-01 $189,000 (2.7%) $231,119 (4.0%) 0.59 535
    2019-08-01 $187,909 (1.6%) $228,023 (2.2%) 0.60 550
    2019-09-01 $186,273 (4.7%) $224,909 (4.2%) 0.60 562
    2019-10-01 $185,000 (6.0%) $222,495 (5.7%) 0.60 570
    2019-11-01 $187,000 (6.6%) $222,081 (4.2%) 0.61 552
    2019-12-01 $185,000 (6.3%) $220,637 (5.7%) 0.62 554
    2020-01-01 $185,000 (3.6%) $221,130 (6.3%) 0.62 530
    2020-02-01 $189,000 (5.4%) $225,466 (8.1%) 0.62 551
    2020-03-01 $190,247 (6.4%) $230,862 (9.0%) 0.60 558
    2020-04-01 $198,500 (10.4%) $235,892 (8.4%) 0.62 535
    2020-05-01 $195,450 (8.6%) $230,392 (4.9%) 0.59 489
    2020-06-01 $196,175 (6.1%) $231,591 (1.3%) 0.58 429
    2020-07-01 $199,700 (5.7%) $233,310 (1.0%) 0.58 404
    2020-08-01 $201,000 (7.0%) $232,979 (2.2%) 0.58 372
    2020-09-01 $207,000 (11.1%) $233,470 (3.8%) 0.59 349
    2020-10-01 $199,900 (8.1%) $235,737 (6.0%) 0.57 340
    2020-11-01 $208,550 (11.5%) $245,934 (10.7%) 0.61 287
    2020-12-01 $202,450 (9.4%) $243,336 (10.3%) 0.60 284
    2021-01-01 $200,000 (8.1%) $238,197 (7.7%) 0.60 264
    2021-02-01 $210,250 (11.2%) $233,874 (3.7%) 0.61 294
    2021-03-01 $212,450 (11.7%) $232,264 (0.6%) 0.60 307
    2021-04-01 $205,000 (3.3%) $233,414 (-1.1%) 0.55 297
    2021-05-01 $210,000 (7.4%) $238,520 (3.5%) 0.56 294
    2021-06-01 $215,950 (10.1%) $246,234 (6.3%) 0.57 293
    2021-07-01 $224,900 (12.6%) $254,230 (9.0%) 0.59 273
    2021-08-01 $224,900 (11.9%) $252,892 (8.6%) 0.60 268
    2021-09-01 $224,900 (8.7%) $252,363 (8.1%) 0.60 280
    2021-10-01 $224,900 (12.5%) $259,034 (9.9%) 0.60 278
    2021-11-01 $224,900 (7.8%) $255,294 (3.8%) 0.60 261
    2021-12-01 $225,574 (11.4%) $267,166 (9.8%) 0.61 269
    2022-01-01 $224,950 (12.5%) $269,675 (13.2%) 0.61 259
    2022-02-01 $229,848 (9.3%) $271,844 (16.2%) 0.60 257
    2022-03-01 $229,500 (8.0%) $273,839 (17.9%) 0.57 243
    2022-04-01 $239,000 (16.6%) $277,115 (18.7%) 0.57 247
    2022-05-01 $236,000 (12.4%) $265,212 (11.2%) 0.54 273
    2022-06-01 $239,925 (11.1%) $276,195 (12.2%) 0.53 297
    2022-07-01 $240,000 (6.7%) $279,984 (10.1%) 0.54 344
    2022-08-01 $240,000 (6.7%) $288,299 (14.0%) 0.55 375
    2022-09-01 $240,000 (6.7%) $294,226 (16.6%) 0.56 341
    2022-10-01 $239,950 (6.7%) $282,105 (8.9%) 0.56 352
    2022-11-01 $239,500 (6.5%) $284,188 (11.3%) 0.58 373
    2022-12-01 $238,500 (5.7%) $281,772 (5.5%) 0.59 389
    2023-01-01 $239,450 (6.5%) $279,780 (3.8%) 0.59 393
    2023-02-01 $240,000 (4.4%) $272,394 (0.2%) 0.58 382
    2023-03-01 $239,450 (4.3%) $268,734 (-1.9%) 0.56 395
    2023-04-01 $239,000 (0.0%) $267,747 (-3.4%) 0.56 365
    2023-05-01 $240,000 (1.7%) $281,743 (6.2%) 0.54 361
    2023-06-01 $245,250 (2.2%) $287,869 (4.2%) 0.55 372
    2023-07-01 $246,500 (2.7%) $280,612 (0.2%) 0.56 392
    2023-08-01 $245,250 (2.2%) $288,878 (0.2%) 0.56 417
    2023-09-01 $238,400 (-0.7%) $278,197 (-5.5%) 0.56 417
    2023-10-01 $236,498 (-1.4%) $279,266 (-1.0%) 0.56 431
    2023-11-01 $242,775 (1.4%) $283,121 (-0.4%) 0.58 442
    2023-12-01 $244,950 (2.7%) $286,571 (1.7%) 0.60 426
    2024-01-01 $245,000 (2.3%) $287,636 (2.8%) 0.60 434
    2024-02-01 $237,875 (-0.9%) $278,970 (2.4%) 0.57 425
    2024-03-01 $244,000 (1.9%) $280,120 (4.2%) 0.57 459
    2024-04-01 $249,750 (4.5%) $293,462 (9.6%) 0.58 456
    2024-05-01 $257,750 (7.4%) $302,501 (7.4%) 0.58 474
    2024-06-01 $254,750 (3.9%) $298,106 (3.6%) 0.57 499
    2024-07-01 $254,000 (3.0%) $297,659 (6.1%) 0.58 507
    2024-08-01 $259,000 (5.6%) $313,064 (8.4%) 0.60 515
    2024-09-01 $258,625 (8.5%) $314,399 (13.0%) 0.61 525
    2024-10-01 $257,993 (9.1%) $324,121 (16.1%) 0.61 568
    2024-11-01 $258,245 (6.4%) $330,982 (16.9%) 0.62 611
    2024-12-01 $257,224 (5.0%) $328,801 (14.7%) 0.64 572
    2025-01-01 $261,500 (6.7%) $332,893 (15.7%) 0.00 541
    Laredo's median listing price for 2025-01-01 was $261,500, a difference of $16,500 (6.7%) versus the prior year and $4,276 versus the prior month.

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

    Laredo's average listing price for 2025-01-01 was $332,893, a difference of $45,257 (15.7%) versus the prior year and $4,092 versus the prior month.

    For the 2025-01-01 period, Laredo had 541 MLS listings, a difference of -31 listings (-5%) versus the prior month and 107 listings (25%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Laredo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 78 days 1,793 sqft
    2018-02-01 74 days 1,786 sqft
    2018-03-01 66 days 1,830 sqft
    2018-04-01 68 days 1,821 sqft
    2018-05-01 65 days 1,799 sqft
    2018-06-01 58 days 1,820 sqft
    2018-07-01 58 days 1,813 sqft
    2018-08-01 59 days 1,828 sqft
    2018-09-01 71 days 1,799 sqft
    2018-10-01 77 days 1,695 sqft
    2018-11-01 73 days 1,702 sqft
    2018-12-01 72 days 1,699 sqft
    2019-01-01 71 days 1,705 sqft
    2019-02-01 62 days 1,703 sqft
    2019-03-01 54 days 1,704 sqft
    2019-04-01 59 days 1,773 sqft
    2019-05-01 56 days 1,804 sqft
    2019-06-01 58 days 1,819 sqft
    2019-07-01 58 days 1,875 sqft
    2019-08-01 56 days 1,834 sqft
    2019-09-01 56 days 1,810 sqft
    2019-10-01 57 days 1,801 sqft
    2019-11-01 67 days 1,813 sqft
    2019-12-01 73 days 1,811 sqft
    2020-01-01 80 days 1,830 sqft
    2020-02-01 72 days 1,866 sqft
    2020-03-01 59 days 1,871 sqft
    2020-04-01 69 days 1,890 sqft
    2020-05-01 77 days 1,858 sqft
    2020-06-01 82 days 1,850 sqft
    2020-07-01 54 days 1,821 sqft
    2020-08-01 45 days 1,812 sqft
    2020-09-01 49 days 1,800 sqft
    2020-10-01 52 days 1,788 sqft
    2020-11-01 59 days 1,782 sqft
    2020-12-01 64 days 1,773 sqft
    2021-01-01 57 days 1,701 sqft
    2021-02-01 36 days 1,654 sqft
    2021-03-01 39 days 1,706 sqft
    2021-04-01 47 days 1,685 sqft
    2021-05-01 57 days 1,700 sqft
    2021-06-01 42 days 1,690 sqft
    2021-07-01 52 days 1,709 sqft
    2021-08-01 57 days 1,705 sqft
    2021-09-01 50 days 1,669 sqft
    2021-10-01 54 days 1,708 sqft
    2021-11-01 51 days 1,702 sqft
    2021-12-01 44 days 1,727 sqft
    2022-01-01 48 days 1,700 sqft
    2022-02-01 39 days 1,703 sqft
    2022-03-01 39 days 1,709 sqft
    2022-04-01 37 days 1,750 sqft
    2022-05-01 37 days 1,726 sqft
    2022-06-01 35 days 1,741 sqft
    2022-07-01 32 days 1,733 sqft
    2022-08-01 40 days 1,742 sqft
    2022-09-01 51 days 1,736 sqft
    2022-10-01 48 days 1,736 sqft
    2022-11-01 52 days 1,736 sqft
    2022-12-01 60 days 1,733 sqft
    2023-01-01 63 days 1,718 sqft
    2023-02-01 46 days 1,701 sqft
    2023-03-01 54 days 1,700 sqft
    2023-04-01 57 days 1,648 sqft
    2023-05-01 54 days 1,673 sqft
    2023-06-01 53 days 1,692 sqft
    2023-07-01 48 days 1,724 sqft
    2023-08-01 47 days 1,761 sqft
    2023-09-01 50 days 1,718 sqft
    2023-10-01 56 days 1,659 sqft
    2023-11-01 60 days 1,687 sqft
    2023-12-01 68 days 1,688 sqft
    2024-01-01 68 days 1,712 sqft
    2024-02-01 63 days 1,669 sqft
    2024-03-01 45 days 1,680 sqft
    2024-04-01 44 days 1,718 sqft
    2024-05-01 59 days 1,753 sqft
    2024-06-01 53 days 1,663 sqft
    2024-07-01 58 days 1,682 sqft
    2024-08-01 66 days 1,701 sqft
    2024-09-01 68 days 1,655 sqft
    2024-10-01 64 days 1,633 sqft
    2024-11-01 67 days 1,656 sqft
    2024-12-01 71 days 1,655 sqft
    2025-01-01 0 days 1,681 sqft
    Laredo's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Laredo's median square footage for active listings during the 2025-01-01 period was 1,681 sqft. One year prior, the average listing was 1,712 sqft.