Las Vegas USDA Loan Rates, Closing Costs & Stats
Las Vegas, NM
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.
Las Vegas's 2 lenders originated 3 USDA loans during 2023. The total origination value was $455,000, with an average USDA loan value of $151,667.
Las Vegas USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Las Vegas
averaged
6.78%
for the week of 2025-02-14, compared to the national average (all USDA variants) of
6.526% for the same period.
Las Vegas's average USDA mortgage closing costs are $6,265.
The average rate for the prior week (2025-02-07) was
6.74% and
one month ago for the week of 2025-01-10, the
average rate was 6.49%.
The average rate one year ago was 6.38%.
For refis of the same type during the week of 2025-02-14, the average rate
was 6.53%.
Las Vegas 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 Las Vegas level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| CROSSCOUNTRY MORTGAGE, LLC | 2 | 6.50% | $5,643 |
| Northpointe Bank | 1 | 7.00% | $5,529 |
The top Las Vegas USDA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with
2 USDA loans originated. Their average total fees are
$5,643, which is $114
higher than the next largest lender,
Northpointe Bank.
The lowest fee Las Vegas USDA lenders (with over 10 loans originated) are
.
The lowest rate Las Vegas USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Las Vegas (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 | $217,000 (8.5%) | $378,411 (-2.9%) | 0.00 | 187 |
| 2018-02-01 | $220,000 (10.0%) | $372,518 (-3.5%) | 0.00 | 178 |
| 2018-03-01 | $225,000 (9.8%) | $363,553 (-7.9%) | 0.00 | 177 |
| 2018-04-01 | $222,500 (11.3%) | $369,263 (-3.3%) | 0.00 | 187 |
| 2018-05-01 | $219,875 (9.9%) | $348,741 (-10.6%) | 0.00 | 202 |
| 2018-06-01 | $220,500 (4.0%) | $349,550 (-10.3%) | 0.00 | 221 |
| 2018-07-01 | $225,000 (12.8%) | $359,671 (-4.4%) | 0.00 | 224 |
| 2018-08-01 | $224,000 (12.5%) | $333,980 (-10.6%) | 0.00 | 234 |
| 2018-09-01 | $239,500 (20.4%) | $341,520 (-10.1%) | 0.00 | 220 |
| 2018-10-01 | $234,975 (18.1%) | $339,294 (-8.4%) | 0.00 | 220 |
| 2018-11-01 | $230,000 (15.4%) | $345,494 (-9.9%) | 0.00 | 208 |
| 2018-12-01 | $237,000 (18.8%) | $336,895 (-10.5%) | 0.00 | 197 |
| 2019-01-01 | $240,000 (10.6%) | $346,495 (-8.4%) | 0.00 | 180 |
| 2019-02-01 | $236,000 (7.3%) | $344,222 (-7.6%) | 0.00 | 178 |
| 2019-03-01 | $228,143 (1.4%) | $335,853 (-7.6%) | 0.00 | 181 |
| 2019-04-01 | $219,250 (-1.5%) | $329,105 (-10.9%) | 0.00 | 189 |
| 2019-05-01 | $227,000 (3.2%) | $328,051 (-5.9%) | 0.00 | 194 |
| 2019-06-01 | $229,000 (3.9%) | $325,014 (-7.0%) | 0.00 | 196 |
| 2019-07-01 | $225,000 (0.0%) | $324,847 (-9.7%) | 0.00 | 199 |
| 2019-08-01 | $231,000 (3.1%) | $333,605 (-0.1%) | 0.00 | 192 |
| 2019-09-01 | $240,000 (0.2%) | $343,706 (0.6%) | 0.00 | 183 |
| 2019-10-01 | $246,000 (4.7%) | $350,441 (3.3%) | 0.00 | 177 |
| 2019-11-01 | $247,000 (7.4%) | $349,314 (1.1%) | 0.00 | 167 |
| 2019-12-01 | $240,000 (1.3%) | $347,281 (3.1%) | 0.00 | 162 |
| 2020-01-01 | $231,000 (-3.8%) | $343,291 (-0.9%) | 0.00 | 148 |
| 2020-02-01 | $247,000 (4.7%) | $362,901 (5.4%) | 0.00 | 141 |
| 2020-03-01 | $249,000 (9.1%) | $350,612 (4.4%) | 0.00 | 133 |
| 2020-04-01 | $244,175 (11.4%) | $335,194 (1.9%) | 0.00 | 129 |
| 2020-05-01 | $245,000 (7.9%) | $334,753 (2.0%) | 0.00 | 127 |
| 2020-06-01 | $250,000 (9.2%) | $359,751 (10.7%) | 0.00 | 122 |
| 2020-07-01 | $249,750 (11.0%) | $369,918 (13.9%) | 0.00 | 119 |
| 2020-08-01 | $279,000 (20.8%) | $392,743 (17.7%) | 0.00 | 123 |
| 2020-09-01 | $278,125 (15.9%) | $389,166 (13.2%) | 0.00 | 133 |
| 2020-10-01 | $271,950 (10.6%) | $388,230 (10.8%) | 0.00 | 133 |
| 2020-11-01 | $276,125 (11.8%) | $468,618 (34.2%) | 0.00 | 120 |
| 2020-12-01 | $272,250 (13.4%) | $485,460 (39.8%) | 0.00 | 107 |
| 2021-01-01 | $279,500 (21.0%) | $507,224 (47.8%) | 0.00 | 94 |
| 2021-02-01 | $276,100 (11.8%) | $501,469 (38.2%) | 0.00 | 81 |
| 2021-03-01 | $277,250 (11.4%) | $514,608 (46.8%) | 0.00 | 76 |
| 2021-04-01 | $299,875 (22.8%) | $523,525 (56.2%) | 0.00 | 73 |
| 2021-05-01 | $287,250 (17.2%) | $518,048 (54.8%) | 0.00 | 75 |
| 2021-06-01 | $293,250 (17.3%) | $528,697 (47.0%) | 0.00 | 78 |
| 2021-07-01 | $289,000 (15.7%) | $518,767 (40.2%) | 0.00 | 77 |
| 2021-08-01 | $312,500 (12.0%) | $494,198 (25.8%) | 0.00 | 72 |
| 2021-09-01 | $346,250 (24.5%) | $461,716 (18.6%) | 0.00 | 63 |
| 2021-10-01 | $325,000 (19.5%) | $450,350 (16.0%) | 0.00 | 56 |
| 2021-11-01 | $240,875 (-12.8%) | $396,466 (-15.4%) | 0.00 | 52 |
| 2021-12-01 | $239,750 (-11.9%) | $384,140 (-20.9%) | 0.00 | 47 |
| 2022-01-01 | $230,000 (-17.7%) | $346,856 (-31.6%) | 0.00 | 39 |
| 2022-02-01 | $230,000 (-16.7%) | $349,369 (-30.3%) | 0.00 | 43 |
| 2022-03-01 | $212,750 (-23.3%) | $349,589 (-32.1%) | 0.00 | 42 |
| 2022-04-01 | $220,000 (-26.6%) | $361,512 (-31.0%) | 0.00 | 39 |
| 2022-05-01 | $249,225 (-13.2%) | $455,762 (-12.0%) | 0.00 | 41 |
| 2022-06-01 | $254,000 (-13.4%) | $441,204 (-16.6%) | 0.00 | 48 |
| 2022-07-01 | $249,900 (-13.5%) | $441,984 (-14.8%) | 0.00 | 53 |
| 2022-08-01 | $273,500 (-12.5%) | $459,578 (-7.0%) | 0.00 | 55 |
| 2022-09-01 | $284,000 (-18.0%) | $475,881 (3.1%) | 0.00 | 60 |
| 2022-10-01 | $307,500 (-5.4%) | $486,303 (8.0%) | 0.00 | 66 |
| 2022-11-01 | $290,750 (20.7%) | $483,707 (22.0%) | 0.00 | 70 |
| 2022-12-01 | $265,000 (10.5%) | $466,964 (21.6%) | 0.00 | 72 |
| 2023-01-01 | $256,050 (11.3%) | $453,843 (30.8%) | 0.00 | 74 |
| 2023-02-01 | $265,000 (15.2%) | $456,002 (30.5%) | 0.00 | 69 |
| 2023-03-01 | $265,000 (24.6%) | $409,839 (17.2%) | 0.00 | 69 |
| 2023-04-01 | $270,000 (22.7%) | $404,709 (12.0%) | 0.00 | 65 |
| 2023-05-01 | $238,250 (-4.4%) | $376,170 (-17.5%) | 0.00 | 67 |
| 2023-06-01 | $288,500 (13.6%) | $431,619 (-2.2%) | 0.00 | 70 |
| 2023-07-01 | $285,000 (14.1%) | $435,404 (-1.5%) | 0.00 | 79 |
| 2023-08-01 | $280,000 (2.4%) | $537,277 (16.9%) | 0.00 | 76 |
| 2023-09-01 | $285,000 (0.4%) | $573,895 (20.6%) | 0.00 | 74 |
| 2023-10-01 | $314,500 (2.3%) | $693,516 (42.6%) | 0.00 | 73 |
| 2023-11-01 | $345,000 (18.7%) | $707,889 (46.4%) | 0.00 | 68 |
| 2023-12-01 | $427,500 (61.3%) | $773,369 (65.6%) | 0.00 | 64 |
| 2024-01-01 | $375,000 (46.5%) | $720,322 (58.7%) | 0.00 | 64 |
| 2024-02-01 | $362,250 (36.7%) | $718,932 (57.7%) | 0.00 | 56 |
| 2024-03-01 | $360,000 (35.9%) | $769,749 (87.8%) | 0.00 | 52 |
| 2024-04-01 | $307,500 (13.9%) | $615,724 (52.1%) | 0.00 | 57 |
| 2024-05-01 | $351,175 (47.4%) | $629,010 (67.2%) | 0.00 | 58 |
| 2024-06-01 | $320,000 (10.9%) | $574,193 (33.0%) | 0.00 | 63 |
| 2024-07-01 | $320,000 (12.3%) | $588,154 (35.1%) | 0.00 | 64 |
| 2024-08-01 | $329,950 (17.8%) | $578,761 (7.7%) | 0.00 | 62 |
| 2024-09-01 | $309,975 (8.8%) | $592,930 (3.3%) | 0.00 | 62 |
| 2024-10-01 | $368,500 (17.2%) | $617,568 (-11.0%) | 0.00 | 55 |
| 2024-11-01 | $385,000 (11.6%) | $648,066 (-8.5%) | 0.00 | 52 |
| 2024-12-01 | $367,500 (-14.0%) | $702,895 (-9.1%) | 0.00 | 48 |
| 2025-01-01 | $357,500 (-4.7%) | $694,961 (-3.5%) | 0.00 | 46 |
Las Vegas's median listing price comes in at 0% of the national average.
Las Vegas's average listing price for 2025-01-01 was $694,961, a difference of $-25,361 (-3.5%) versus the prior year and $-7,934 versus the prior month.
For the 2025-01-01 period, Las Vegas had 46 MLS listings, a difference of -2 listings (-4%) versus the prior month and -18 listings (-28%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Las Vegas (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,811 sqft |
| 2018-02-01 | 0 days | 1,803 sqft |
| 2018-03-01 | 0 days | 1,792 sqft |
| 2018-04-01 | 0 days | 1,838 sqft |
| 2018-05-01 | 0 days | 1,843 sqft |
| 2018-06-01 | 0 days | 1,834 sqft |
| 2018-07-01 | 0 days | 1,845 sqft |
| 2018-08-01 | 0 days | 1,830 sqft |
| 2018-09-01 | 0 days | 1,839 sqft |
| 2018-10-01 | 0 days | 1,803 sqft |
| 2018-11-01 | 0 days | 1,837 sqft |
| 2018-12-01 | 0 days | 1,831 sqft |
| 2019-01-01 | 0 days | 1,834 sqft |
| 2019-02-01 | 0 days | 1,812 sqft |
| 2019-03-01 | 0 days | 1,811 sqft |
| 2019-04-01 | 0 days | 1,791 sqft |
| 2019-05-01 | 0 days | 1,771 sqft |
| 2019-06-01 | 0 days | 1,775 sqft |
| 2019-07-01 | 0 days | 1,787 sqft |
| 2019-08-01 | 0 days | 1,797 sqft |
| 2019-09-01 | 0 days | 1,799 sqft |
| 2019-10-01 | 0 days | 1,800 sqft |
| 2019-11-01 | 0 days | 1,752 sqft |
| 2019-12-01 | 0 days | 1,762 sqft |
| 2020-01-01 | 0 days | 1,709 sqft |
| 2020-02-01 | 0 days | 1,708 sqft |
| 2020-03-01 | 0 days | 1,717 sqft |
| 2020-04-01 | 0 days | 1,696 sqft |
| 2020-05-01 | 0 days | 1,716 sqft |
| 2020-06-01 | 0 days | 1,834 sqft |
| 2020-07-01 | 0 days | 1,920 sqft |
| 2020-08-01 | 0 days | 2,000 sqft |
| 2020-09-01 | 0 days | 1,835 sqft |
| 2020-10-01 | 0 days | 1,810 sqft |
| 2020-11-01 | 0 days | 1,850 sqft |
| 2020-12-01 | 0 days | 1,940 sqft |
| 2021-01-01 | 0 days | 1,922 sqft |
| 2021-02-01 | 0 days | 1,769 sqft |
| 2021-03-01 | 0 days | 1,916 sqft |
| 2021-04-01 | 0 days | 2,012 sqft |
| 2021-05-01 | 0 days | 1,998 sqft |
| 2021-06-01 | 0 days | 2,035 sqft |
| 2021-07-01 | 0 days | 1,998 sqft |
| 2021-08-01 | 0 days | 2,000 sqft |
| 2021-09-01 | 0 days | 1,999 sqft |
| 2021-10-01 | 0 days | 1,998 sqft |
| 2021-11-01 | 0 days | 1,752 sqft |
| 2021-12-01 | 0 days | 1,752 sqft |
| 2022-01-01 | 0 days | 1,757 sqft |
| 2022-02-01 | 0 days | 1,596 sqft |
| 2022-03-01 | 0 days | 1,578 sqft |
| 2022-04-01 | 0 days | 1,500 sqft |
| 2022-05-01 | 0 days | 1,591 sqft |
| 2022-06-01 | 0 days | 1,655 sqft |
| 2022-07-01 | 0 days | 1,548 sqft |
| 2022-08-01 | 0 days | 1,491 sqft |
| 2022-09-01 | 0 days | 1,521 sqft |
| 2022-10-01 | 0 days | 1,603 sqft |
| 2022-11-01 | 0 days | 1,675 sqft |
| 2022-12-01 | 0 days | 1,620 sqft |
| 2023-01-01 | 0 days | 1,608 sqft |
| 2023-02-01 | 0 days | 1,675 sqft |
| 2023-03-01 | 0 days | 1,695 sqft |
| 2023-04-01 | 0 days | 1,600 sqft |
| 2023-05-01 | 0 days | 1,552 sqft |
| 2023-06-01 | 0 days | 1,605 sqft |
| 2023-07-01 | 0 days | 1,600 sqft |
| 2023-08-01 | 0 days | 1,605 sqft |
| 2023-09-01 | 0 days | 1,695 sqft |
| 2023-10-01 | 0 days | 1,819 sqft |
| 2023-11-01 | 0 days | 1,851 sqft |
| 2023-12-01 | 0 days | 2,079 sqft |
| 2024-01-01 | 0 days | 2,081 sqft |
| 2024-02-01 | 0 days | 1,995 sqft |
| 2024-03-01 | 0 days | 1,800 sqft |
| 2024-04-01 | 0 days | 1,737 sqft |
| 2024-05-01 | 0 days | 1,859 sqft |
| 2024-06-01 | 0 days | 1,800 sqft |
| 2024-07-01 | 0 days | 1,800 sqft |
| 2024-08-01 | 0 days | 1,900 sqft |
| 2024-09-01 | 0 days | 1,806 sqft |
| 2024-10-01 | 0 days | 2,033 sqft |
| 2024-11-01 | 0 days | 2,080 sqft |
| 2024-12-01 | 0 days | 2,080 sqft |
| 2025-01-01 | 0 days | 1,988 sqft |
Las Vegas's median square footage for active listings during the 2025-01-01 period was 1,988 sqft. One year prior, the average listing was 2,081 sqft.