Napa USDA Loan Rates, Closing Costs & Stats
NAPA, CA
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.
Napa USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Napa
averaged
6.15%
for the week of 2023-05-26, compared to the national average (all USDA variants) of
6.63% for the same period.
Napa's average USDA mortgage closing costs are $0.
The average rate for the prior week (2023-05-19) was
5.6% and
one month ago for the week of 2023-04-21, the
average rate was 5.5%.
The average rate one year ago was 4.62%.
For refis of the same type during the week of 2023-05-26, the average rate
was 5.07%.
Napa 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 Napa level.
Name | # of Loans | 2022 Avg. 30yFix Rate | 2022 Avg. Closing Costs |
---|
The lowest fee Napa USDA lenders (with over 10 loans originated) are
.
The lowest rate Napa USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Napa (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $844,000 (-6.0%) | $1,886,352 (5.7%) | 0.00 | 200 |
2018-02-01 | $849,500 (-6.9%) | $1,913,916 (5.4%) | 0.00 | 191 |
2018-03-01 | $850,000 (-10.1%) | $1,991,263 (3.0%) | 0.00 | 236 |
2018-04-01 | $990,162 (10.6%) | $2,127,186 (7.5%) | 0.00 | 262 |
2018-05-01 | $999,987 (11.7%) | $2,159,162 (10.8%) | 0.00 | 320 |
2018-06-01 | $1,047,000 (18.6%) | $2,174,341 (5.6%) | 0.00 | 364 |
2018-07-01 | $975,000 (8.5%) | $2,129,334 (2.7%) | 0.00 | 387 |
2018-08-01 | $912,250 (0.0%) | $2,076,468 (8.5%) | 0.00 | 380 |
2018-09-01 | $927,450 (1.7%) | $2,046,918 (2.0%) | 0.00 | 409 |
2018-10-01 | $942,000 (6.4%) | $2,121,273 (2.5%) | 0.00 | 409 |
2018-11-01 | $914,850 (7.6%) | $2,017,546 (-1.7%) | 0.00 | 384 |
2018-12-01 | $895,000 (5.3%) | $1,847,420 (-8.0%) | 0.00 | 316 |
2019-01-01 | $858,125 (1.7%) | $1,707,519 (-9.5%) | 0.00 | 283 |
2019-02-01 | $849,713 (0.0%) | $1,667,051 (-12.9%) | 0.00 | 293 |
2019-03-01 | $859,250 (1.1%) | $1,770,030 (-11.1%) | 0.00 | 316 |
2019-04-01 | $944,750 (-4.6%) | $2,109,283 (-0.8%) | 0.00 | 363 |
2019-05-01 | $1,022,500 (2.3%) | $2,216,608 (2.7%) | 0.00 | 439 |
2019-06-01 | $998,250 (-4.7%) | $2,239,144 (3.0%) | 0.00 | 465 |
2019-07-01 | $970,000 (-0.5%) | $2,169,653 (1.9%) | 0.00 | 475 |
2019-08-01 | $989,000 (8.4%) | $2,198,467 (5.9%) | 0.00 | 473 |
2019-09-01 | $1,059,000 (14.2%) | $2,274,862 (11.1%) | 0.00 | 466 |
2019-10-01 | $949,500 (0.8%) | $2,251,477 (6.1%) | 0.00 | 478 |
2019-11-01 | $973,000 (6.4%) | $2,406,471 (19.3%) | 0.00 | 414 |
2019-12-01 | $948,944 (6.0%) | $2,368,169 (28.2%) | 0.00 | 312 |
2020-01-01 | $995,000 (16.0%) | $2,287,673 (34.0%) | 0.00 | 243 |
2020-02-01 | $995,000 (17.1%) | $2,234,091 (34.0%) | 0.00 | 284 |
2020-03-01 | $1,066,750 (24.2%) | $2,279,116 (28.8%) | 0.00 | 333 |
2020-04-01 | $987,000 (4.5%) | $2,181,249 (3.4%) | 0.00 | 301 |
2020-05-01 | $989,900 (-3.2%) | $2,114,283 (-4.6%) | 0.00 | 392 |
2020-06-01 | $1,091,250 (9.3%) | $2,227,204 (-0.5%) | 0.00 | 382 |
2020-07-01 | $1,153,750 (18.9%) | $2,313,455 (6.6%) | 0.00 | 376 |
2020-08-01 | $1,260,000 (27.4%) | $2,409,199 (9.6%) | 0.00 | 322 |
2020-09-01 | $1,296,000 (22.4%) | $2,693,072 (18.4%) | 0.00 | 310 |
2020-10-01 | $1,300,000 (36.9%) | $2,620,806 (16.4%) | 0.00 | 306 |
2020-11-01 | $1,323,500 (36.0%) | $2,795,898 (16.2%) | 0.00 | 298 |
2020-12-01 | $1,347,250 (42.0%) | $2,771,920 (17.1%) | 0.00 | 238 |
2021-01-01 | $1,295,000 (30.2%) | $2,704,442 (18.2%) | 0.00 | 218 |
2021-02-01 | $1,296,250 (30.3%) | $2,912,672 (30.4%) | 0.00 | 213 |
2021-03-01 | $1,359,750 (27.5%) | $2,902,895 (27.4%) | 0.00 | 220 |
2021-04-01 | $1,310,000 (32.7%) | $2,956,612 (35.6%) | 0.00 | 226 |
2021-05-01 | $1,395,000 (40.9%) | $3,147,129 (48.9%) | 0.00 | 239 |
2021-06-01 | $1,364,750 (25.1%) | $3,112,868 (39.8%) | 0.00 | 276 |
2021-07-01 | $1,295,000 (12.2%) | $3,118,514 (34.8%) | 0.00 | 282 |
2021-08-01 | $1,256,250 (-0.3%) | $3,009,074 (24.9%) | 0.00 | 274 |
2021-09-01 | $1,299,000 (0.2%) | $3,017,236 (12.0%) | 0.00 | 272 |
2021-10-01 | $1,250,000 (-3.9%) | $2,973,927 (13.5%) | 0.00 | 269 |
2021-11-01 | $1,342,000 (1.4%) | $3,342,329 (19.5%) | 0.00 | 207 |
2021-12-01 | $1,490,000 (10.6%) | $3,434,267 (23.9%) | 0.00 | 158 |
2022-01-01 | $1,499,500 (15.8%) | $3,122,800 (15.5%) | 0.00 | 129 |
2022-02-01 | $1,499,250 (15.7%) | $3,124,545 (7.3%) | 0.00 | 144 |
2022-03-01 | $1,695,500 (24.7%) | $3,483,337 (20.0%) | 0.00 | 168 |
2022-04-01 | $1,599,000 (22.1%) | $3,420,415 (15.7%) | 0.00 | 194 |
2022-05-01 | $1,642,000 (17.7%) | $3,447,090 (9.5%) | 0.00 | 215 |
2022-06-01 | $1,572,500 (15.2%) | $3,540,751 (13.8%) | 0.00 | 217 |
2022-07-01 | $1,489,500 (15.0%) | $3,357,098 (7.7%) | 0.00 | 246 |
2022-08-01 | $1,499,500 (19.4%) | $3,399,639 (13.0%) | 0.00 | 273 |
2022-09-01 | $1,382,500 (6.4%) | $3,266,821 (8.3%) | 0.00 | 285 |
2022-10-01 | $1,345,000 (7.6%) | $3,277,188 (10.2%) | 0.00 | 293 |
2022-11-01 | $1,395,000 (4.0%) | $3,104,419 (-7.1%) | 0.00 | 272 |
2022-12-01 | $1,341,525 (-10.0%) | $2,946,809 (-14.2%) | 0.00 | 213 |
2023-01-01 | $1,237,500 (-17.5%) | $2,991,592 (-4.2%) | 0.00 | 173 |
2023-02-01 | $1,409,250 (-6.0%) | $3,028,674 (-3.1%) | 0.00 | 182 |
2023-03-01 | $1,485,750 (-12.4%) | $3,213,563 (-7.7%) | 0.00 | 186 |
2023-04-01 | $1,662,000 (3.9%) | $3,274,484 (-4.3%) | 0.00 | 211 |
Napa's median listing price comes in at 0% of the national average.
Napa's average listing price for 2023-04-01 was $3,274,484, a difference of $-145,931 (-4.3%) versus the prior year and $60,921 versus the prior month.
For the 2023-04-01 period, Napa had 211 MLS listings, a difference of 25 listings (13%) versus the prior month and 17 listings (9%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Napa (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,934 sqft |
2018-02-01 | 0 days | 1,895 sqft |
2018-03-01 | 0 days | 1,950 sqft |
2018-04-01 | 0 days | 2,058 sqft |
2018-05-01 | 0 days | 2,058 sqft |
2018-06-01 | 0 days | 2,104 sqft |
2018-07-01 | 0 days | 2,034 sqft |
2018-08-01 | 0 days | 2,016 sqft |
2018-09-01 | 0 days | 2,048 sqft |
2018-10-01 | 0 days | 2,063 sqft |
2018-11-01 | 0 days | 1,967 sqft |
2018-12-01 | 0 days | 1,954 sqft |
2019-01-01 | 0 days | 1,899 sqft |
2019-02-01 | 0 days | 1,899 sqft |
2019-03-01 | 0 days | 1,924 sqft |
2019-04-01 | 0 days | 2,095 sqft |
2019-05-01 | 0 days | 2,128 sqft |
2019-06-01 | 0 days | 2,117 sqft |
2019-07-01 | 0 days | 2,022 sqft |
2019-08-01 | 0 days | 2,017 sqft |
2019-09-01 | 0 days | 2,007 sqft |
2019-10-01 | 0 days | 1,959 sqft |
2019-11-01 | 0 days | 2,024 sqft |
2019-12-01 | 0 days | 2,034 sqft |
2020-01-01 | 0 days | 2,088 sqft |
2020-02-01 | 0 days | 2,054 sqft |
2020-03-01 | 0 days | 2,074 sqft |
2020-04-01 | 0 days | 2,047 sqft |
2020-05-01 | 0 days | 2,000 sqft |
2020-06-01 | 0 days | 2,088 sqft |
2020-07-01 | 0 days | 2,115 sqft |
2020-08-01 | 0 days | 2,159 sqft |
2020-09-01 | 0 days | 2,168 sqft |
2020-10-01 | 0 days | 2,138 sqft |
2020-11-01 | 0 days | 2,176 sqft |
2020-12-01 | 0 days | 2,073 sqft |
2021-01-01 | 0 days | 2,112 sqft |
2021-02-01 | 0 days | 2,049 sqft |
2021-03-01 | 0 days | 2,114 sqft |
2021-04-01 | 0 days | 2,131 sqft |
2021-05-01 | 0 days | 2,048 sqft |
2021-06-01 | 0 days | 2,038 sqft |
2021-07-01 | 0 days | 2,016 sqft |
2021-08-01 | 0 days | 2,103 sqft |
2021-09-01 | 0 days | 2,146 sqft |
2021-10-01 | 0 days | 2,036 sqft |
2021-11-01 | 0 days | 2,126 sqft |
2021-12-01 | 0 days | 2,085 sqft |
2022-01-01 | 0 days | 2,055 sqft |
2022-02-01 | 0 days | 2,110 sqft |
2022-03-01 | 0 days | 2,224 sqft |
2022-04-01 | 0 days | 2,166 sqft |
2022-05-01 | 0 days | 2,141 sqft |
2022-06-01 | 0 days | 2,099 sqft |
2022-07-01 | 0 days | 2,068 sqft |
2022-08-01 | 0 days | 2,137 sqft |
2022-09-01 | 0 days | 2,079 sqft |
2022-10-01 | 0 days | 2,034 sqft |
2022-11-01 | 0 days | 2,094 sqft |
2022-12-01 | 0 days | 2,067 sqft |
2023-01-01 | 0 days | 2,082 sqft |
2023-02-01 | 0 days | 2,119 sqft |
2023-03-01 | 0 days | 2,187 sqft |
2023-04-01 | 0 days | 2,293 sqft |
Napa's median square footage for active listings during the 2023-04-01 period was 2,293 sqft. One year prior, the average listing was 2,166 sqft.