Nogales USDA Loan Rates, Closing Costs & Stats

Nogales, AZ

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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.

    Nogales's 9 lenders originated 35 USDA loans during 2023. The total origination value was $8,455,000, with an average USDA loan value of $241,571.

    Nogales USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Nogales averaged 6.5% for the week of 2024-11-08, compared to the national average (all USDA variants) of 6.477% for the same period.

    Nogales's average USDA mortgage closing costs are $4,598.

    The average rate for the prior week (2024-11-01) was 6.57% and one month ago for the week of 2024-10-04, the average rate was 5.7%.

    The average rate one year ago was 7.34%.

    For refis of the same type during the week of 2024-11-08, the average rate was 6.48%.

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

    Nogales 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 Nogales level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    AMERICAN PACIFIC MORTGAGE CORPORATION 21 6.36% $10,223
    ALTITUDE FINANCIAL CORPORATION 7 6.07% $5,530
    Equity Prime Mortgage LLC 1 7.38% $6,701
    GUARANTEED RATE, INC. 1 5.75% $9,503
    INTERLINC MORTGAGE SERVICES, LLC 1 6.00% $5,521
    LOANDEPOT.COM, LLC 1 7.00% $9,734
    NOVA FINANCIAL & INVESTMENT CORPORATION 1 5.75% $11,743
    UNITED WHOLESALE MORTGAGE, LLC 1 6.13% $12,352
    CROSSCOUNTRY MORTGAGE, LLC 1 5.25% $7,207

    The top Nogales USDA lender as defined by loan originations is AMERICAN PACIFIC MORTGAGE CORPORATION, with 21 USDA loans originated. Their average total fees are $10,223, which is $4,693 higher than the next largest lender, ALTITUDE FINANCIAL CORPORATION.

    The lowest fee Nogales USDA lenders (with over 10 loans originated) are AMERICAN PACIFIC MORTGAGE CORPORATION ($10,223), .

    The lowest rate Nogales USDA lenders (with over 10 loans originated) are AMERICAN PACIFIC MORTGAGE CORPORATION (6.36%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Nogales (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 $293,875 (6.3%) $447,542 (8.8%) 0.00 237
    2018-02-01 $322,425 (25.3%) $494,955 (21.5%) 0.00 240
    2018-03-01 $299,000 (8.2%) $460,061 (9.9%) 0.00 321
    2018-04-01 $299,900 (9.1%) $471,752 (10.3%) 0.00 294
    2018-05-01 $301,200 (7.6%) $493,543 (13.2%) 0.00 254
    2018-06-01 $299,900 (2.7%) $510,073 (12.4%) 0.00 238
    2018-07-01 $306,250 (7.6%) $525,446 (17.1%) 0.00 230
    2018-08-01 $304,950 (8.6%) $511,727 (15.0%) 0.00 242
    2018-09-01 $299,900 (7.2%) $484,159 (9.3%) 0.00 253
    2018-10-01 $304,950 (4.7%) $478,079 (7.8%) 0.00 276
    2018-11-01 $321,750 (13.5%) $512,235 (19.8%) 0.00 265
    2018-12-01 $314,500 (10.8%) $498,011 (16.1%) 0.00 255
    2019-01-01 $311,000 (5.8%) $500,107 (11.8%) 0.00 261
    2019-02-01 $310,000 (-3.9%) $477,703 (-3.5%) 0.00 272
    2019-03-01 $331,386 (10.8%) $497,744 (8.2%) 0.00 259
    2019-04-01 $339,950 (13.4%) $505,903 (7.2%) 0.00 249
    2019-05-01 $327,250 (8.7%) $514,299 (4.2%) 0.00 226
    2019-06-01 $325,000 (8.4%) $505,931 (-0.8%) 0.00 234
    2019-07-01 $317,225 (3.6%) $498,190 (-5.2%) 0.00 242
    2019-08-01 $311,727 (2.2%) $491,145 (-4.0%) 0.00 243
    2019-09-01 $306,818 (2.3%) $469,497 (-3.0%) 0.00 241
    2019-10-01 $305,545 (0.2%) $455,417 (-4.7%) 0.00 239
    2019-11-01 $329,000 (2.3%) $469,178 (-8.4%) 0.00 232
    2019-12-01 $328,500 (4.5%) $466,443 (-6.3%) 0.00 231
    2020-01-01 $327,100 (5.2%) $517,464 (3.5%) 0.00 230
    2020-02-01 $354,500 (14.4%) $551,938 (15.5%) 0.00 212
    2020-03-01 $370,725 (11.9%) $612,622 (23.1%) 0.00 208
    2020-04-01 $380,000 (11.8%) $640,280 (26.6%) 0.00 199
    2020-05-01 $375,000 (14.6%) $651,094 (26.6%) 0.00 188
    2020-06-01 $363,750 (11.9%) $668,544 (32.1%) 0.00 171
    2020-07-01 $389,000 (22.6%) $699,054 (40.3%) 0.00 156
    2020-08-01 $397,000 (27.4%) $714,159 (45.4%) 0.00 138
    2020-09-01 $352,500 (14.9%) $716,674 (52.7%) 0.00 137
    2020-10-01 $350,000 (14.6%) $715,631 (57.1%) 0.00 126
    2020-11-01 $392,000 (19.2%) $743,183 (58.4%) 0.00 121
    2020-12-01 $378,250 (15.1%) $729,493 (56.4%) 0.00 114
    2021-01-01 $399,000 (22.0%) $713,968 (38.0%) 0.00 112
    2021-02-01 $390,750 (10.2%) $708,437 (28.4%) 0.00 104
    2021-03-01 $499,904 (34.8%) $848,662 (38.5%) 0.00 82
    2021-04-01 $491,250 (29.3%) $808,052 (26.2%) 0.00 90
    2021-05-01 $498,748 (33.0%) $836,654 (28.5%) 0.00 81
    2021-06-01 $464,450 (27.7%) $811,686 (21.4%) 0.00 85
    2021-07-01 $429,000 (10.3%) $723,301 (3.5%) 0.00 86
    2021-08-01 $429,000 (8.1%) $702,625 (-1.6%) 0.00 85
    2021-09-01 $425,000 (20.6%) $681,972 (-4.8%) 0.00 92
    2021-10-01 $382,500 (9.3%) $656,732 (-8.2%) 0.00 99
    2021-11-01 $364,925 (-6.9%) $634,667 (-14.6%) 0.00 109
    2021-12-01 $393,500 (4.0%) $645,627 (-11.5%) 0.00 102
    2022-01-01 $424,950 (6.5%) $677,003 (-5.2%) 0.00 101
    2022-02-01 $444,250 (13.7%) $668,032 (-5.7%) 0.00 101
    2022-03-01 $457,250 (-8.5%) $726,445 (-14.4%) 0.00 96
    2022-04-01 $392,000 (-20.2%) $695,136 (-14.0%) 0.00 91
    2022-05-01 $390,750 (-21.7%) $715,057 (-14.5%) 0.00 88
    2022-06-01 $392,000 (-15.6%) $682,802 (-15.9%) 0.00 94
    2022-07-01 $382,250 (-10.9%) $631,613 (-12.7%) 0.00 114
    2022-08-01 $354,450 (-17.4%) $571,658 (-18.6%) 0.00 143
    2022-09-01 $349,975 (-17.7%) $571,860 (-16.2%) 0.00 141
    2022-10-01 $350,000 (-8.5%) $573,454 (-12.7%) 0.00 154
    2022-11-01 $347,450 (-4.8%) $566,097 (-10.8%) 0.00 162
    2022-12-01 $329,900 (-16.2%) $543,713 (-15.8%) 0.00 165
    2023-01-01 $329,975 (-22.4%) $540,077 (-20.2%) 0.00 169
    2023-02-01 $337,225 (-24.1%) $537,429 (-19.6%) 0.00 162
    2023-03-01 $345,000 (-24.6%) $577,777 (-20.5%) 0.00 154
    2023-04-01 $330,000 (-15.8%) $536,380 (-22.8%) 0.00 170
    2023-05-01 $327,500 (-16.2%) $522,782 (-26.9%) 0.00 168
    2023-06-01 $331,500 (-15.4%) $521,908 (-23.6%) 0.00 165
    2023-07-01 $349,000 (-8.7%) $543,590 (-13.9%) 0.00 171
    2023-08-01 $351,475 (-0.8%) $640,330 (12.0%) 0.00 174
    2023-09-01 $375,000 (7.2%) $752,596 (31.6%) 0.00 179
    2023-10-01 $379,175 (8.3%) $734,757 (28.1%) 0.00 202
    2023-11-01 $359,425 (3.5%) $742,818 (31.2%) 0.00 204
    2023-12-01 $356,000 (7.9%) $844,947 (55.4%) 0.00 207
    2024-01-01 $371,975 (12.7%) $856,028 (58.5%) 0.00 205
    2024-02-01 $387,000 (14.8%) $881,195 (64.0%) 0.00 196
    2024-03-01 $380,000 (10.1%) $891,092 (54.2%) 0.00 195
    2024-04-01 $401,000 (21.5%) $917,012 (71.0%) 0.00 183
    2024-05-01 $378,500 (15.6%) $897,667 (71.7%) 0.00 197
    2024-06-01 $359,500 (8.5%) $887,086 (70.0%) 0.00 203
    2024-07-01 $361,125 (3.5%) $870,422 (60.1%) 0.00 207
    2024-08-01 $389,500 (10.8%) $869,857 (35.9%) 0.00 199
    2024-09-01 $387,025 (3.2%) $850,901 (13.1%) 0.00 217
    2024-10-01 $385,675 (1.7%) $840,073 (14.3%) 0.00 233
    Nogales's median listing price for 2024-10-01 was $385,675, a difference of $6,500 (1.7%) versus the prior year and $-1,350 versus the prior month.

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

    Nogales's average listing price for 2024-10-01 was $840,073, a difference of $105,316 (14.3%) versus the prior year and $-10,828 versus the prior month.

    For the 2024-10-01 period, Nogales had 233 MLS listings, a difference of 16 listings (7%) versus the prior month and 31 listings (15%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Nogales (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,211 sqft
    2018-02-01 0 days 2,240 sqft
    2018-03-01 0 days 2,248 sqft
    2018-04-01 0 days 2,330 sqft
    2018-05-01 0 days 2,361 sqft
    2018-06-01 0 days 2,404 sqft
    2018-07-01 0 days 2,393 sqft
    2018-08-01 0 days 2,345 sqft
    2018-09-01 0 days 2,274 sqft
    2018-10-01 0 days 2,258 sqft
    2018-11-01 0 days 2,284 sqft
    2018-12-01 0 days 2,241 sqft
    2019-01-01 0 days 2,239 sqft
    2019-02-01 0 days 2,229 sqft
    2019-03-01 0 days 2,274 sqft
    2019-04-01 0 days 2,280 sqft
    2019-05-01 0 days 2,297 sqft
    2019-06-01 0 days 2,293 sqft
    2019-07-01 0 days 2,282 sqft
    2019-08-01 0 days 2,253 sqft
    2019-09-01 0 days 2,179 sqft
    2019-10-01 0 days 2,129 sqft
    2019-11-01 0 days 2,143 sqft
    2019-12-01 0 days 2,104 sqft
    2020-01-01 0 days 2,144 sqft
    2020-02-01 0 days 2,197 sqft
    2020-03-01 0 days 2,173 sqft
    2020-04-01 0 days 2,155 sqft
    2020-05-01 0 days 2,242 sqft
    2020-06-01 0 days 2,202 sqft
    2020-07-01 0 days 2,348 sqft
    2020-08-01 0 days 2,318 sqft
    2020-09-01 0 days 2,343 sqft
    2020-10-01 0 days 2,182 sqft
    2020-11-01 0 days 2,312 sqft
    2020-12-01 0 days 2,217 sqft
    2021-01-01 0 days 2,194 sqft
    2021-02-01 0 days 2,282 sqft
    2021-03-01 0 days 2,702 sqft
    2021-04-01 0 days 2,574 sqft
    2021-05-01 0 days 2,348 sqft
    2021-06-01 0 days 2,364 sqft
    2021-07-01 0 days 2,327 sqft
    2021-08-01 0 days 2,332 sqft
    2021-09-01 0 days 2,433 sqft
    2021-10-01 0 days 2,230 sqft
    2021-11-01 0 days 2,040 sqft
    2021-12-01 0 days 2,200 sqft
    2022-01-01 0 days 2,292 sqft
    2022-02-01 0 days 2,200 sqft
    2022-03-01 0 days 2,222 sqft
    2022-04-01 0 days 2,198 sqft
    2022-05-01 0 days 2,167 sqft
    2022-06-01 0 days 2,169 sqft
    2022-07-01 0 days 2,082 sqft
    2022-08-01 0 days 2,004 sqft
    2022-09-01 0 days 1,877 sqft
    2022-10-01 0 days 1,915 sqft
    2022-11-01 0 days 1,904 sqft
    2022-12-01 0 days 1,803 sqft
    2023-01-01 0 days 1,782 sqft
    2023-02-01 0 days 1,763 sqft
    2023-03-01 0 days 1,779 sqft
    2023-04-01 0 days 1,777 sqft
    2023-05-01 0 days 1,776 sqft
    2023-06-01 0 days 1,796 sqft
    2023-07-01 0 days 1,804 sqft
    2023-08-01 0 days 1,838 sqft
    2023-09-01 0 days 1,906 sqft
    2023-10-01 0 days 1,904 sqft
    2023-11-01 0 days 1,857 sqft
    2023-12-01 0 days 1,804 sqft
    2024-01-01 0 days 1,835 sqft
    2024-02-01 0 days 1,869 sqft
    2024-03-01 0 days 1,901 sqft
    2024-04-01 0 days 1,953 sqft
    2024-05-01 0 days 1,971 sqft
    2024-06-01 0 days 1,859 sqft
    2024-07-01 0 days 1,836 sqft
    2024-08-01 0 days 1,846 sqft
    2024-09-01 0 days 1,847 sqft
    2024-10-01 0 days 1,820 sqft
    Nogales's median listing age (time on market) for 2024-10-01 was 0 days.

    Nogales's median square footage for active listings during the 2024-10-01 period was 1,820 sqft. One year prior, the average listing was 1,904 sqft.