Longview USDA Loan Rates, Closing Costs & Stats

LONGVIEW, WA

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.

Longview's 2 lenders originated 2 USDA loans during 2023. The total origination value was $550,000, with an average USDA loan value of $275,000.

Longview USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Longview averaged 6.93% for the week of 2024-04-12, compared to the national average (all USDA variants) of 6.705% for the same period.

Longview's average USDA mortgage closing costs are $7,664.

The average rate for the prior week (2024-04-05) was 6.46% and one month ago for the week of 2024-03-08, the average rate was 6.72%.

The average rate one year ago was 6.43%.

For refis of the same type during the week of 2024-04-12, the average rate was 6.91%.

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

Longview 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 Longview level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
GUILD MORTGAGE COMPANY 1 7.63% $10,652
MASON MCDUFFIE MORTGAGE CORPORATION 1 5.12% $11,395

The top Longview USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 1 USDA loans originated. Their average total fees are $10,652, which is $742 lower than the next largest lender, MASON MCDUFFIE MORTGAGE CORPORATION.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Longview (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 $288,950 (17.0%) $443,523 (8.5%) 0.00 215
2018-02-01 $303,000 (27.9%) $460,395 (9.7%) 0.00 189
2018-03-01 $298,950 (26.4%) $449,877 (8.8%) 0.00 178
2018-04-01 $301,350 (11.7%) $400,512 (-3.3%) 0.00 205
2018-05-01 $299,800 (12.6%) $395,973 (0.6%) 0.00 240
2018-06-01 $301,700 (5.2%) $389,364 (-4.5%) 0.00 275
2018-07-01 $299,700 (-3.0%) $375,725 (-11.9%) 0.00 328
2018-08-01 $299,575 (1.3%) $368,329 (-8.9%) 0.00 347
2018-09-01 $299,900 (1.7%) $373,699 (-6.9%) 0.00 348
2018-10-01 $305,000 (8.6%) $379,745 (-4.1%) 0.00 350
2018-11-01 $299,900 (7.2%) $379,082 (-5.4%) 0.00 337
2018-12-01 $310,000 (8.8%) $393,355 (-7.3%) 0.00 296
2019-01-01 $324,275 (12.2%) $404,817 (-8.7%) 0.00 269
2019-02-01 $317,000 (4.6%) $413,596 (-10.2%) 0.00 231
2019-03-01 $320,386 (7.2%) $417,262 (-7.3%) 0.00 220
2019-04-01 $324,336 (7.6%) $419,614 (4.8%) 0.00 223
2019-05-01 $329,225 (9.8%) $435,232 (9.9%) 0.00 237
2019-06-01 $329,300 (9.2%) $429,430 (10.3%) 0.00 266
2019-07-01 $329,350 (9.9%) $420,810 (12.0%) 0.00 283
2019-08-01 $323,777 (8.1%) $410,521 (11.5%) 0.00 301
2019-09-01 $315,718 (5.3%) $401,064 (7.3%) 0.00 306
2019-10-01 $309,225 (1.4%) $394,759 (4.0%) 0.00 308
2019-11-01 $319,900 (6.7%) $417,257 (10.1%) 0.00 302
2019-12-01 $302,350 (-2.5%) $431,298 (9.7%) 0.00 257
2020-01-01 $299,925 (-7.5%) $441,146 (9.0%) 0.00 246
2020-02-01 $306,500 (-3.3%) $452,425 (9.4%) 0.00 217
2020-03-01 $305,850 (-4.5%) $461,138 (10.5%) 0.00 207
2020-04-01 $306,775 (-5.4%) $472,869 (12.7%) 0.00 198
2020-05-01 $332,400 (1.0%) $473,591 (8.8%) 0.00 198
2020-06-01 $341,625 (3.7%) $389,967 (-9.2%) 0.00 209
2020-07-01 $349,255 (6.0%) $401,401 (-4.6%) 0.00 198
2020-08-01 $354,945 (9.6%) $401,751 (-2.1%) 0.00 218
2020-09-01 $364,450 (15.4%) $418,005 (4.2%) 0.00 214
2020-10-01 $359,900 (16.4%) $413,361 (4.7%) 0.00 185
2020-11-01 $362,425 (13.3%) $410,043 (-1.7%) 0.00 123
2020-12-01 $353,675 (17.0%) $406,882 (-5.7%) 0.00 95
2021-01-01 $369,000 (23.0%) $429,419 (-2.7%) 0.00 75
2021-02-01 $372,400 (21.5%) $450,513 (-0.4%) 0.00 67
2021-03-01 $378,000 (23.6%) $469,653 (1.9%) 0.00 71
2021-04-01 $397,450 (29.6%) $550,117 (16.3%) 0.00 80
2021-05-01 $389,450 (17.2%) $533,582 (12.7%) 0.00 99
2021-06-01 $404,450 (18.4%) $539,778 (38.4%) 0.00 121
2021-07-01 $389,000 (11.4%) $481,288 (19.9%) 0.00 128
2021-08-01 $393,100 (10.8%) $505,859 (25.9%) 0.00 135
2021-09-01 $411,450 (12.9%) $528,016 (26.3%) 0.00 150
2021-10-01 $410,450 (14.1%) $521,767 (26.2%) 0.00 150
2021-11-01 $415,000 (14.5%) $535,273 (30.5%) 0.00 122
2021-12-01 $414,950 (17.3%) $542,411 (33.3%) 0.00 99
2022-01-01 $394,500 (6.9%) $562,917 (31.1%) 0.00 84
2022-02-01 $387,475 (4.1%) $539,204 (19.7%) 0.00 83
2022-03-01 $458,475 (21.3%) $609,717 (29.8%) 0.00 101
2022-04-01 $455,000 (14.5%) $612,534 (11.4%) 0.00 113
2022-05-01 $456,225 (17.2%) $580,416 (8.8%) 0.00 142
2022-06-01 $467,000 (15.5%) $581,657 (7.8%) 0.00 195
2022-07-01 $475,000 (22.1%) $549,292 (14.1%) 0.00 246
2022-08-01 $479,450 (22.0%) $550,369 (8.8%) 0.00 274
2022-09-01 $467,225 (13.6%) $553,607 (4.9%) 0.00 263
2022-10-01 $475,000 (15.7%) $563,010 (7.9%) 0.00 264
2022-11-01 $473,725 (14.2%) $551,706 (3.1%) 0.00 281
2022-12-01 $489,000 (17.9%) $567,127 (4.6%) 0.00 252
2023-01-01 $509,750 (29.2%) $579,331 (2.9%) 0.00 226
2023-02-01 $564,275 (45.6%) $612,462 (13.6%) 0.00 211
2023-03-01 $567,448 (23.8%) $621,321 (1.9%) 0.00 182
2023-04-01 $565,000 (24.2%) $639,691 (4.4%) 0.00 163
2023-05-01 $569,975 (24.9%) $638,743 (10.1%) 0.00 181
2023-06-01 $569,750 (22.0%) $632,098 (8.7%) 0.00 187
2023-07-01 $524,000 (10.3%) $616,609 (12.3%) 0.00 214
2023-08-01 $522,100 (8.9%) $606,103 (10.1%) 0.00 233
2023-09-01 $499,900 (7.0%) $583,008 (5.3%) 0.00 264
2023-10-01 $495,000 (4.2%) $567,797 (0.9%) 0.00 262
2023-11-01 $484,250 (2.2%) $544,043 (-1.4%) 0.00 263
2023-12-01 $479,500 (-1.9%) $545,726 (-3.8%) 0.00 232
2024-01-01 $478,250 (-6.2%) $535,403 (-7.6%) 0.00 221
2024-02-01 $480,700 (-14.8%) $557,759 (-8.9%) 0.00 204
2024-03-01 $479,950 (-15.4%) $556,711 (-10.4%) 0.00 201
Longview's median listing price for 2024-03-01 was $479,950, a difference of $-87,498 (-15.4%) versus the prior year and $-750 versus the prior month.

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

Longview's average listing price for 2024-03-01 was $556,711, a difference of $-64,610 (-10.4%) versus the prior year and $-1,048 versus the prior month.

For the 2024-03-01 period, Longview had 201 MLS listings, a difference of -3 listings (-1%) versus the prior month and 19 listings (10%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Longview (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,976 sqft
2018-02-01 0 days 2,064 sqft
2018-03-01 0 days 2,048 sqft
2018-04-01 0 days 1,932 sqft
2018-05-01 0 days 1,895 sqft
2018-06-01 0 days 1,912 sqft
2018-07-01 0 days 1,846 sqft
2018-08-01 0 days 1,847 sqft
2018-09-01 0 days 1,875 sqft
2018-10-01 0 days 1,795 sqft
2018-11-01 0 days 1,811 sqft
2018-12-01 0 days 1,872 sqft
2019-01-01 0 days 1,869 sqft
2019-02-01 0 days 1,862 sqft
2019-03-01 0 days 1,864 sqft
2019-04-01 0 days 1,867 sqft
2019-05-01 0 days 1,926 sqft
2019-06-01 0 days 1,888 sqft
2019-07-01 0 days 1,933 sqft
2019-08-01 0 days 1,894 sqft
2019-09-01 0 days 1,846 sqft
2019-10-01 0 days 1,801 sqft
2019-11-01 0 days 1,812 sqft
2019-12-01 0 days 1,751 sqft
2020-01-01 0 days 1,742 sqft
2020-02-01 0 days 1,656 sqft
2020-03-01 0 days 1,668 sqft
2020-04-01 0 days 1,744 sqft
2020-05-01 0 days 1,782 sqft
2020-06-01 0 days 1,787 sqft
2020-07-01 0 days 1,843 sqft
2020-08-01 0 days 1,920 sqft
2020-09-01 0 days 1,833 sqft
2020-10-01 0 days 1,786 sqft
2020-11-01 0 days 1,802 sqft
2020-12-01 0 days 1,687 sqft
2021-01-01 0 days 1,750 sqft
2021-02-01 0 days 1,707 sqft
2021-03-01 0 days 1,670 sqft
2021-04-01 0 days 1,978 sqft
2021-05-01 0 days 1,768 sqft
2021-06-01 0 days 1,806 sqft
2021-07-01 0 days 1,809 sqft
2021-08-01 0 days 1,797 sqft
2021-09-01 0 days 1,950 sqft
2021-10-01 0 days 1,783 sqft
2021-11-01 0 days 1,864 sqft
2021-12-01 0 days 1,871 sqft
2022-01-01 0 days 1,703 sqft
2022-02-01 0 days 1,636 sqft
2022-03-01 0 days 1,812 sqft
2022-04-01 0 days 1,818 sqft
2022-05-01 0 days 1,813 sqft
2022-06-01 0 days 1,803 sqft
2022-07-01 0 days 1,812 sqft
2022-08-01 0 days 1,833 sqft
2022-09-01 0 days 1,826 sqft
2022-10-01 0 days 1,861 sqft
2022-11-01 0 days 1,934 sqft
2022-12-01 0 days 2,023 sqft
2023-01-01 0 days 2,043 sqft
2023-02-01 0 days 2,094 sqft
2023-03-01 0 days 2,141 sqft
2023-04-01 0 days 2,187 sqft
2023-05-01 0 days 2,145 sqft
2023-06-01 0 days 2,119 sqft
2023-07-01 0 days 2,021 sqft
2023-08-01 0 days 2,088 sqft
2023-09-01 0 days 1,993 sqft
2023-10-01 0 days 2,001 sqft
2023-11-01 0 days 1,966 sqft
2023-12-01 0 days 1,911 sqft
2024-01-01 0 days 1,869 sqft
2024-02-01 0 days 1,818 sqft
2024-03-01 0 days 1,820 sqft
Longview's median listing age (time on market) for 2024-03-01 was 0 days.

Longview's median square footage for active listings during the 2024-03-01 period was 1,820 sqft. One year prior, the average listing was 2,141 sqft.