Ogden USDA Loan Rates, Closing Costs & Stats

OGDEN-CLEARFIELD, UT

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.

Ogden's 14 lenders originated 25 USDA loans during 2023. The total origination value was $8,235,000, with an average USDA loan value of $329,400.

Ogden USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Ogden averaged 6.6% for the week of 2024-06-14, compared to the national average (all USDA variants) of 6.709% for the same period.

Ogden's average USDA mortgage closing costs are $6,651.

The average rate for the prior week (2024-06-07) was 6.49% and one month ago for the week of 2024-05-10, the average rate was 6.48%.

The average rate one year ago was 6.43%.

For refis of the same type during the week of 2024-06-14, the average rate was 6.86%.

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

Ogden 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 Ogden level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 6 5.82% $12,577
GUILD MORTGAGE COMPANY 4 5.75% $13,610
INTERCAP LENDING INC. 3 6.04% $13,275
NEWREZ LLC 2 5.75% $10,272
CITYWIDE HOME LOANS, LLC 1 5.63% $10,783
FIRST COLONY MORTGAGE CORPORATION 1 5.13% $3,750
GOLDENWEST 1 4.99% $11,390
UNION HOME MORTGAGE CORP. 1 5.88% $18,950
Utah Mortgage Loan Corporation 1 6.00% $3,938
American Mortgage & Equity Consultants, Inc. 1 6.25% $13,434
VAN DYK MORTGAGE CORPORATION 1 4.50% $3,856
CANOPY MORTGAGE, LLC 1 5.25% $12,800
Century Mortgage Company DBA Century Lending Company 1 6.75% $8,859
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.63% $7,636

The top Ogden USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 6 USDA loans originated. Their average total fees are $12,577, which is $1,033 lower than the next largest lender, GUILD MORTGAGE COMPANY.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Ogden (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 $349,850 (7.7%) $413,336 (9.9%) 1.30 1,037
2018-02-01 $366,950 (4.5%) $439,011 (9.8%) 1.33 941
2018-03-01 $379,950 (4.0%) $457,408 (10.0%) 1.33 956
2018-04-01 $386,200 (3.7%) $463,257 (8.8%) 1.31 1,022
2018-05-01 $384,950 (4.2%) $465,903 (10.7%) 1.29 1,151
2018-06-01 $384,700 (5.0%) $466,443 (11.6%) 1.28 1,266
2018-07-01 $378,700 (8.2%) $460,206 (13.5%) 1.26 1,409
2018-08-01 $373,250 (9.8%) $447,646 (11.4%) 1.25 1,562
2018-09-01 $368,900 (11.5%) $439,322 (11.7%) 1.24 1,718
2018-10-01 $364,900 (10.6%) $441,854 (11.5%) 1.24 1,721
2018-11-01 $364,500 (9.7%) $444,348 (12.3%) 1.24 1,645
2018-12-01 $369,950 (8.8%) $457,098 (15.4%) 1.28 1,498
2019-01-01 $379,900 (8.6%) $475,217 (15.0%) 1.31 1,325
2019-02-01 $384,900 (4.9%) $479,999 (9.3%) 1.30 1,254
2019-03-01 $396,413 (4.3%) $497,864 (8.8%) 1.30 1,209
2019-04-01 $406,690 (5.3%) $506,640 (9.4%) 1.29 1,257
2019-05-01 $399,350 (3.7%) $495,152 (6.3%) 1.25 1,394
2019-06-01 $390,950 (1.6%) $488,464 (4.7%) 1.22 1,466
2019-07-01 $384,950 (1.7%) $480,403 (4.4%) 1.21 1,551
2019-08-01 $377,264 (1.1%) $475,781 (6.3%) 1.19 1,579
2019-09-01 $365,809 (-0.8%) $464,336 (5.7%) 1.17 1,641
2019-10-01 $357,950 (-1.9%) $459,004 (3.9%) 1.15 1,669
2019-11-01 $359,900 (-1.3%) $460,604 (3.7%) 1.18 1,514
2019-12-01 $373,000 (0.8%) $480,826 (5.2%) 1.24 1,213
2020-01-01 $388,900 (2.4%) $527,877 (11.1%) 1.30 1,000
2020-02-01 $398,900 (3.6%) $555,903 (15.8%) 1.31 865
2020-03-01 $401,190 (1.2%) $570,356 (14.6%) 1.26 910
2020-04-01 $393,373 (-3.3%) $512,466 (1.2%) 1.23 1,171
2020-05-01 $415,000 (3.9%) $560,942 (13.3%) 1.26 990
2020-06-01 $441,515 (12.9%) $607,383 (24.4%) 1.30 850
2020-07-01 $445,000 (15.6%) $614,246 (27.9%) 1.29 727
2020-08-01 $429,945 (14.0%) $616,028 (29.5%) 1.23 607
2020-09-01 $431,200 (17.9%) $621,395 (33.8%) 1.24 532
2020-10-01 $441,450 (23.3%) $661,467 (44.1%) 1.26 475
2020-11-01 $454,700 (26.3%) $702,460 (52.5%) 1.33 424
2020-12-01 $457,475 (22.7%) $749,510 (55.9%) 1.36 335
2021-01-01 $495,300 (27.4%) $751,436 (42.4%) 1.48 275
2021-02-01 $472,475 (18.4%) $783,288 (40.9%) 1.38 236
2021-03-01 $462,475 (15.3%) $762,947 (33.8%) 1.31 267
2021-04-01 $484,331 (23.1%) $751,637 (46.7%) 1.31 273
2021-05-01 $515,000 (24.1%) $751,205 (33.9%) 1.37 331
2021-06-01 $494,463 (12.0%) $706,777 (16.4%) 1.30 453
2021-07-01 $480,000 (7.9%) $646,861 (5.3%) 1.27 504
2021-08-01 $494,675 (15.1%) $663,204 (7.7%) 1.32 602
2021-09-01 $494,950 (14.8%) $646,546 (4.1%) 1.32 659
2021-10-01 $491,900 (11.4%) $622,688 (-5.9%) 1.31 616
2021-11-01 $489,340 (7.6%) $616,658 (-12.2%) 1.31 549
2021-12-01 $504,900 (10.4%) $640,360 (-14.6%) 1.37 407
2022-01-01 $499,900 (0.9%) $631,009 (-16.0%) 1.35 264
2022-02-01 $537,780 (13.8%) $678,178 (-13.4%) 1.40 274
2022-03-01 $527,000 (14.0%) $678,796 (-11.0%) 1.32 331
2022-04-01 $572,400 (18.2%) $700,347 (-6.8%) 1.36 471
2022-05-01 $582,225 (13.1%) $693,662 (-7.7%) 1.33 786
2022-06-01 $584,500 (18.2%) $683,408 (-3.3%) 1.30 1,117
2022-07-01 $560,000 (16.7%) $639,842 (-1.1%) 1.26 1,582
2022-08-01 $544,950 (10.2%) $632,814 (-4.6%) 1.26 1,803
2022-09-01 $534,500 (8.0%) $627,445 (-3.0%) 1.25 1,876
2022-10-01 $528,000 (7.3%) $617,659 (-0.8%) 1.24 1,926
2022-11-01 $519,997 (6.3%) $609,878 (-1.1%) 1.25 1,884
2022-12-01 $526,643 (4.3%) $617,475 (-3.6%) 1.30 1,642
2023-01-01 $544,500 (8.9%) $640,507 (1.5%) 1.35 1,341
2023-02-01 $550,000 (2.3%) $664,411 (-2.0%) 1.33 1,195
2023-03-01 $563,850 (7.0%) $663,738 (-2.2%) 1.33 1,122
2023-04-01 $589,000 (2.9%) $686,448 (-2.0%) 1.37 1,030
2023-05-01 $584,500 (0.4%) $682,577 (-1.6%) 1.33 1,139
2023-06-01 $579,675 (-0.8%) $684,656 (0.2%) 1.30 1,247
2023-07-01 $579,000 (3.4%) $704,570 (10.1%) 1.32 1,327
2023-08-01 $571,995 (5.0%) $698,149 (10.3%) 1.31 1,415
2023-09-01 $570,000 (6.6%) $684,822 (9.1%) 1.33 1,528
2023-10-01 $550,000 (4.2%) $680,067 (10.1%) 1.29 1,557
2023-11-01 $549,900 (5.8%) $677,391 (11.1%) 1.31 1,535
2023-12-01 $549,000 (4.3%) $677,690 (9.8%) 1.34 1,286
2024-01-01 $549,945 (1.0%) $684,843 (6.9%) 1.34 1,155
2024-02-01 $549,925 (0.0%) $686,322 (3.3%) 1.32 1,009
2024-03-01 $550,000 (-2.5%) $690,158 (4.0%) 1.29 980
2024-04-01 $565,950 (-3.9%) $703,632 (2.5%) 1.32 1,040
2024-05-01 $580,000 (-0.8%) $732,419 (7.3%) 1.31 1,197
Ogden's median listing price for 2024-05-01 was $580,000, a difference of $-4,500 (-0.8%) versus the prior year and $14,050 versus the prior month.

Ogden's median listing price comes in at 131% of the national average.

Ogden's average listing price for 2024-05-01 was $732,419, a difference of $49,842 (7.3%) versus the prior year and $28,787 versus the prior month.

For the 2024-05-01 period, Ogden had 1,197 MLS listings, a difference of 157 listings (15%) versus the prior month and 58 listings (5%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Ogden (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 57 days 2,947 sqft
2018-02-01 38 days 3,037 sqft
2018-03-01 33 days 3,138 sqft
2018-04-01 30 days 3,130 sqft
2018-05-01 29 days 3,063 sqft
2018-06-01 32 days 3,062 sqft
2018-07-01 33 days 3,002 sqft
2018-08-01 35 days 2,933 sqft
2018-09-01 35 days 2,888 sqft
2018-10-01 39 days 2,858 sqft
2018-11-01 45 days 2,850 sqft
2018-12-01 53 days 2,898 sqft
2019-01-01 63 days 2,972 sqft
2019-02-01 49 days 2,998 sqft
2019-03-01 41 days 3,073 sqft
2019-04-01 37 days 3,136 sqft
2019-05-01 31 days 3,058 sqft
2019-06-01 32 days 3,003 sqft
2019-07-01 35 days 2,959 sqft
2019-08-01 36 days 2,877 sqft
2019-09-01 37 days 2,777 sqft
2019-10-01 38 days 2,708 sqft
2019-11-01 45 days 2,696 sqft
2019-12-01 55 days 2,764 sqft
2020-01-01 67 days 2,923 sqft
2020-02-01 37 days 2,947 sqft
2020-03-01 24 days 2,925 sqft
2020-04-01 28 days 2,809 sqft
2020-05-01 38 days 2,954 sqft
2020-06-01 30 days 3,012 sqft
2020-07-01 32 days 2,899 sqft
2020-08-01 24 days 2,745 sqft
2020-09-01 23 days 2,709 sqft
2020-10-01 19 days 2,599 sqft
2020-11-01 24 days 2,658 sqft
2020-12-01 32 days 2,480 sqft
2021-01-01 26 days 2,478 sqft
2021-02-01 9 days 2,502 sqft
2021-03-01 3 days 2,431 sqft
2021-04-01 5 days 2,576 sqft
2021-05-01 9 days 2,673 sqft
2021-06-01 9 days 2,477 sqft
2021-07-01 12 days 2,425 sqft
2021-08-01 14 days 2,442 sqft
2021-09-01 18 days 2,461 sqft
2021-10-01 22 days 2,358 sqft
2021-11-01 24 days 2,295 sqft
2021-12-01 37 days 2,405 sqft
2022-01-01 37 days 2,376 sqft
2022-02-01 22 days 2,454 sqft
2022-03-01 22 days 2,274 sqft
2022-04-01 20 days 2,468 sqft
2022-05-01 23 days 2,516 sqft
2022-06-01 25 days 2,546 sqft
2022-07-01 31 days 2,408 sqft
2022-08-01 38 days 2,397 sqft
2022-09-01 44 days 2,396 sqft
2022-10-01 50 days 2,392 sqft
2022-11-01 57 days 2,387 sqft
2022-12-01 66 days 2,414 sqft
2023-01-01 75 days 2,497 sqft
2023-02-01 64 days 2,570 sqft
2023-03-01 50 days 2,627 sqft
2023-04-01 46 days 2,760 sqft
2023-05-01 39 days 2,720 sqft
2023-06-01 39 days 2,700 sqft
2023-07-01 44 days 2,673 sqft
2023-08-01 46 days 2,588 sqft
2023-09-01 47 days 2,556 sqft
2023-10-01 49 days 2,529 sqft
2023-11-01 55 days 2,520 sqft
2023-12-01 67 days 2,463 sqft
2024-01-01 72 days 2,460 sqft
2024-02-01 59 days 2,462 sqft
2024-03-01 46 days 2,479 sqft
2024-04-01 41 days 2,537 sqft
2024-05-01 34 days 2,692 sqft
Ogden's median listing age (time on market) for 2024-05-01 was 34 days. This is -13% shorter than the same period one year ago.

Ogden's median square footage for active listings during the 2024-05-01 period was 2,692 sqft. One year prior, the average listing was 2,720 sqft.