Oxnard USDA Loan Rates, Closing Costs & Stats
OXNARD-THOUSAND OAKS-VENTURA, 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.
Oxnard's 7 lenders originated 15 USDA loans during 2021. The total origination value was $9,095,000, with an average USDA loan value of $606,333.
Oxnard USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Oxnard
averaged
-0.07%
for the week of 2023-01-20, compared to the national average (all USDA variants) of
0% for the same period.
Oxnard's average USDA mortgage closing costs are $10,130.
The average rate for the prior week (2023-01-13) was
6.27% and
one month ago for the week of 2022-12-16, the
average rate was 6.35%.
The average rate one year ago was 3.36%.
For refis of the same type during the week of 2023-01-20, the average rate
was -0.06%.
Oxnard 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 Oxnard level.
Name | # of Loans | 2021 Avg. 30yFix Rate | 2021 Avg. Closing Costs |
---|---|---|---|
KBHS HOME LOANS, LLC | 3 | 2.75% | $11,752 |
Sierra Pacific Mortgage Company, Inc. | 2 | 2.69% | $13,923 |
DIGNIFIED HOME LOANS, LLC | 1 | 3.25% | $10,583 |
GUILD MORTGAGE COMPANY | 1 | 2.63% | $8,102 |
CALIBER HOME LOANS, INC. | 1 | 2.25% | $6,747 |
NEWREZ LLC | 1 | 2.25% | $8,226 |
RANLIFE, INC. | 1 | 2.63% | $8,663 |
The top Oxnard USDA lender as defined by loan originations is KBHS HOME LOANS, LLC, with
3 USDA loans originated. Their average total fees are
$11,752, which is $2,170
lower than the next largest lender,
Sierra Pacific Mortgage Company, Inc..
The lowest fee Oxnard USDA lenders (with over 10 loans originated) are
.
The lowest rate Oxnard USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Oxnard (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 | $747,000 (5.2%) | $1,403,071 (11.8%) | 2.77 | 1,066 |
2018-02-01 | $736,250 (-2.4%) | $1,362,823 (4.2%) | 2.67 | 1,153 |
2018-03-01 | $729,000 (-4.7%) | $1,323,479 (0.1%) | 2.56 | 1,287 |
2018-04-01 | $750,000 (-2.5%) | $1,359,521 (2.6%) | 2.54 | 1,410 |
2018-05-01 | $741,500 (-2.1%) | $1,318,677 (3.0%) | 2.48 | 1,606 |
2018-06-01 | $739,000 (-1.5%) | $1,278,675 (2.4%) | 2.46 | 1,759 |
2018-07-01 | $739,450 (-2.1%) | $1,244,409 (-0.2%) | 2.47 | 1,884 |
2018-08-01 | $717,429 (-4.2%) | $1,204,740 (-0.3%) | 2.40 | 1,955 |
2018-09-01 | $699,000 (-6.8%) | $1,165,838 (-3.3%) | 2.35 | 2,012 |
2018-10-01 | $696,112 (-7.8%) | $1,142,132 (-11.0%) | 2.35 | 1,975 |
2018-11-01 | $684,500 (-8.7%) | $1,142,143 (-11.1%) | 2.32 | 1,905 |
2018-12-01 | $680,000 (-9.3%) | $1,170,638 (-11.8%) | 2.35 | 1,666 |
2019-01-01 | $683,500 (-8.5%) | $1,187,787 (-15.3%) | 2.36 | 1,553 |
2019-02-01 | $682,498 (-7.3%) | $1,206,620 (-11.5%) | 2.30 | 1,516 |
2019-03-01 | $691,386 (-5.2%) | $1,190,230 (-10.1%) | 2.26 | 1,585 |
2019-04-01 | $699,450 (-6.7%) | $1,159,486 (-14.7%) | 2.22 | 1,679 |
2019-05-01 | $701,250 (-5.4%) | $1,159,532 (-12.1%) | 2.19 | 1,798 |
2019-06-01 | $719,900 (-2.6%) | $1,179,852 (-7.7%) | 2.25 | 1,850 |
2019-07-01 | $731,850 (-1.0%) | $1,194,510 (-4.0%) | 2.29 | 1,870 |
2019-08-01 | $738,155 (2.9%) | $1,180,855 (-2.0%) | 2.34 | 1,790 |
2019-09-01 | $750,386 (7.4%) | $1,195,975 (2.6%) | 2.40 | 1,661 |
2019-10-01 | $753,591 (8.3%) | $1,206,055 (5.6%) | 2.43 | 1,574 |
2019-11-01 | $725,000 (5.9%) | $1,175,197 (2.9%) | 2.38 | 1,534 |
2019-12-01 | $760,725 (11.9%) | $1,281,211 (9.5%) | 2.54 | 1,222 |
2020-01-01 | $784,500 (14.8%) | $1,317,346 (10.9%) | 2.62 | 1,141 |
2020-02-01 | $795,000 (16.5%) | $1,334,259 (10.6%) | 2.60 | 1,129 |
2020-03-01 | $814,475 (17.8%) | $1,344,504 (13.0%) | 2.55 | 1,146 |
2020-04-01 | $772,500 (10.4%) | $1,244,944 (7.4%) | 2.42 | 1,230 |
2020-05-01 | $795,000 (13.4%) | $1,264,031 (9.0%) | 2.42 | 1,325 |
2020-06-01 | $811,725 (12.8%) | $1,302,767 (10.4%) | 2.39 | 1,209 |
2020-07-01 | $827,450 (13.1%) | $1,347,256 (12.8%) | 2.40 | 1,088 |
2020-08-01 | $829,900 (12.4%) | $1,382,364 (17.1%) | 2.38 | 957 |
2020-09-01 | $849,000 (13.1%) | $1,439,902 (20.4%) | 2.43 | 877 |
2020-10-01 | $824,900 (9.5%) | $1,447,293 (20.0%) | 2.36 | 903 |
2020-11-01 | $799,000 (10.2%) | $1,453,937 (23.7%) | 2.33 | 770 |
2020-12-01 | $819,450 (7.7%) | $1,515,100 (18.3%) | 2.44 | 611 |
2021-01-01 | $829,900 (5.8%) | $1,558,418 (18.3%) | 2.48 | 515 |
2021-02-01 | $879,450 (10.6%) | $1,647,063 (23.4%) | 2.56 | 488 |
2021-03-01 | $854,225 (4.9%) | $1,507,677 (12.1%) | 2.42 | 518 |
2021-04-01 | $872,250 (12.9%) | $1,612,843 (29.6%) | 2.36 | 524 |
2021-05-01 | $869,000 (9.3%) | $1,664,130 (31.7%) | 2.30 | 559 |
2021-06-01 | $864,500 (6.5%) | $1,767,759 (35.7%) | 2.28 | 624 |
2021-07-01 | $879,900 (6.3%) | $1,706,391 (26.7%) | 2.32 | 694 |
2021-08-01 | $849,225 (2.3%) | $1,689,285 (22.2%) | 2.26 | 721 |
2021-09-01 | $864,375 (1.8%) | $1,757,995 (22.1%) | 2.31 | 712 |
2021-10-01 | $869,000 (5.4%) | $1,844,712 (27.5%) | 2.32 | 649 |
2021-11-01 | $885,225 (10.8%) | $1,880,535 (29.3%) | 2.36 | 532 |
2021-12-01 | $894,500 (9.2%) | $1,987,407 (31.2%) | 2.42 | 431 |
2022-01-01 | $898,900 (8.3%) | $2,036,075 (30.7%) | 2.43 | 380 |
2022-02-01 | $895,950 (1.9%) | $2,089,978 (26.9%) | 2.33 | 387 |
2022-03-01 | $928,536 (8.7%) | $2,044,234 (35.6%) | 2.32 | 447 |
2022-04-01 | $899,900 (3.2%) | $1,928,285 (19.6%) | 2.15 | 502 |
2022-05-01 | $914,825 (5.3%) | $1,788,961 (7.5%) | 2.09 | 722 |
2022-06-01 | $929,389 (7.5%) | $1,709,202 (-3.3%) | 2.07 | 868 |
2022-07-01 | $899,900 (2.3%) | $1,538,270 (-9.9%) | 2.04 | 1,108 |
2022-08-01 | $892,500 (5.1%) | $1,468,433 (-13.1%) | 2.06 | 1,149 |
2022-09-01 | $879,450 (1.7%) | $1,462,754 (-16.8%) | 2.06 | 1,079 |
2022-10-01 | $859,999 (-1.0%) | $1,461,684 (-20.8%) | 2.02 | 1,057 |
2022-11-01 | $875,000 (-1.2%) | $1,544,463 (-17.9%) | 2.10 | 1,005 |
2022-12-01 | $869,762 (-2.8%) | $1,608,327 (-19.1%) | 2.17 | 846 |
Oxnard's median listing price comes in at 217% of the national average.
Oxnard's average listing price for 2022-12-01 was $1,608,327, a difference of $-379,080 (-19.1%) versus the prior year and $63,864 versus the prior month.
For the 2022-12-01 period, Oxnard had 846 MLS listings, a difference of -159 listings (-16%) versus the prior month and 415 listings (96%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Oxnard (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 62 days | 2,063 sqft |
2018-02-01 | 36 days | 2,024 sqft |
2018-03-01 | 36 days | 2,026 sqft |
2018-04-01 | 37 days | 2,051 sqft |
2018-05-01 | 37 days | 2,031 sqft |
2018-06-01 | 39 days | 2,021 sqft |
2018-07-01 | 42 days | 2,031 sqft |
2018-08-01 | 43 days | 2,016 sqft |
2018-09-01 | 45 days | 1,979 sqft |
2018-10-01 | 50 days | 1,962 sqft |
2018-11-01 | 52 days | 1,953 sqft |
2018-12-01 | 63 days | 1,927 sqft |
2019-01-01 | 68 days | 1,895 sqft |
2019-02-01 | 51 days | 1,902 sqft |
2019-03-01 | 44 days | 1,913 sqft |
2019-04-01 | 40 days | 1,942 sqft |
2019-05-01 | 41 days | 2,000 sqft |
2019-06-01 | 45 days | 2,028 sqft |
2019-07-01 | 46 days | 2,049 sqft |
2019-08-01 | 48 days | 2,052 sqft |
2019-09-01 | 49 days | 2,069 sqft |
2019-10-01 | 51 days | 2,071 sqft |
2019-11-01 | 54 days | 1,973 sqft |
2019-12-01 | 59 days | 2,022 sqft |
2020-01-01 | 65 days | 2,100 sqft |
2020-02-01 | 55 days | 2,113 sqft |
2020-03-01 | 43 days | 2,142 sqft |
2020-04-01 | 48 days | 2,066 sqft |
2020-05-01 | 60 days | 2,087 sqft |
2020-06-01 | 53 days | 2,128 sqft |
2020-07-01 | 45 days | 2,146 sqft |
2020-08-01 | 41 days | 2,099 sqft |
2020-09-01 | 43 days | 2,112 sqft |
2020-10-01 | 41 days | 2,081 sqft |
2020-11-01 | 53 days | 2,005 sqft |
2020-12-01 | 60 days | 2,030 sqft |
2021-01-01 | 56 days | 2,023 sqft |
2021-02-01 | 38 days | 2,128 sqft |
2021-03-01 | 31 days | 2,037 sqft |
2021-04-01 | 36 days | 2,055 sqft |
2021-05-01 | 33 days | 2,019 sqft |
2021-06-01 | 32 days | 2,028 sqft |
2021-07-01 | 36 days | 1,988 sqft |
2021-08-01 | 31 days | 1,929 sqft |
2021-09-01 | 35 days | 1,961 sqft |
2021-10-01 | 37 days | 1,961 sqft |
2021-11-01 | 41 days | 1,967 sqft |
2021-12-01 | 45 days | 1,986 sqft |
2022-01-01 | 41 days | 1,959 sqft |
2022-02-01 | 28 days | 1,862 sqft |
2022-03-01 | 28 days | 1,884 sqft |
2022-04-01 | 26 days | 1,895 sqft |
2022-05-01 | 25 days | 1,923 sqft |
2022-06-01 | 28 days | 1,930 sqft |
2022-07-01 | 33 days | 1,900 sqft |
2022-08-01 | 38 days | 1,846 sqft |
2022-09-01 | 46 days | 1,841 sqft |
2022-10-01 | 51 days | 1,854 sqft |
2022-11-01 | 53 days | 1,840 sqft |
2022-12-01 | 64 days | 1,843 sqft |
Oxnard's median square footage for active listings during the 2022-12-01 period was 1,843 sqft. One year prior, the average listing was 1,986 sqft.