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 1 lenders originated 1 USDA loans during 2022. The total origination value was $585,000, with an average USDA loan value of $585,000.

Oxnard USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Oxnard averaged 6.23% for the week of 2023-12-08, compared to the national average (all USDA variants) of 6.821% for the same period.

Oxnard's average USDA mortgage closing costs are $10,041.

The average rate for the prior week (2023-12-01) was 6.18% and one month ago for the week of 2023-11-03, the average rate was 6.92%.

The average rate one year ago was 5.92%.

For refis of the same type during the week of 2023-12-08, the average rate was 5.09%.

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

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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Flagstar Bank, FSB 1 2.63% $7,463

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. Louis
Date 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%) 2.68 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 (-2.2%) $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%) $1,142,578 (-11.0%) 2.36 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%) 2.31 1,516
2019-03-01 $691,386 (-5.2%) $1,190,227 (-10.1%) 2.26 1,585
2019-04-01 $699,450 (-6.7%) $1,159,280 (-14.7%) 2.22 1,679
2019-05-01 $701,250 (-5.4%) $1,159,522 (-12.1%) 2.19 1,798
2019-06-01 $719,900 (-2.6%) $1,179,845 (-7.7%) 2.25 1,849
2019-07-01 $731,850 (-1.0%) $1,194,510 (-4.0%) 2.29 1,868
2019-08-01 $738,032 (2.9%) $1,180,900 (-2.0%) 2.34 1,788
2019-09-01 $750,080 (7.3%) $1,196,088 (2.6%) 2.40 1,659
2019-10-01 $753,386 (8.2%) $1,206,214 (5.6%) 2.43 1,572
2019-11-01 $725,000 (5.9%) $1,175,328 (2.9%) 2.38 1,532
2019-12-01 $757,500 (11.4%) $1,281,551 (9.5%) 2.53 1,220
2020-01-01 $784,425 (14.8%) $1,317,768 (10.9%) 2.62 1,139
2020-02-01 $795,000 (16.5%) $1,334,703 (10.6%) 2.61 1,127
2020-03-01 $812,700 (17.6%) $1,344,927 (13.0%) 2.55 1,144
2020-04-01 $772,475 (10.4%) $1,245,209 (7.4%) 2.42 1,228
2020-05-01 $793,750 (13.2%) $1,264,305 (9.0%) 2.41 1,323
2020-06-01 $811,450 (12.7%) $1,303,034 (10.4%) 2.39 1,207
2020-07-01 $827,000 (13.0%) $1,347,702 (12.8%) 2.40 1,086
2020-08-01 $829,000 (12.3%) $1,382,900 (17.1%) 2.38 955
2020-09-01 $849,000 (13.2%) $1,440,603 (20.4%) 2.43 875
2020-10-01 $824,500 (9.4%) $1,447,968 (20.0%) 2.36 901
2020-11-01 $799,000 (10.2%) $1,454,401 (23.7%) 2.34 768
2020-12-01 $819,450 (8.2%) $1,516,175 (18.3%) 2.44 609
2021-01-01 $825,450 (5.2%) $1,559,942 (18.4%) 2.46 513
2021-02-01 $879,450 (10.6%) $1,649,048 (23.6%) 2.56 486
2021-03-01 $854,450 (5.1%) $1,508,318 (12.2%) 2.43 517
2021-04-01 $870,000 (12.6%) $1,614,377 (29.7%) 2.35 522
2021-05-01 $869,000 (9.5%) $1,665,611 (31.7%) 2.31 557
2021-06-01 $864,500 (6.5%) $1,768,873 (35.8%) 2.28 622
2021-07-01 $879,900 (6.4%) $1,707,806 (26.7%) 2.32 692
2021-08-01 $849,000 (2.4%) $1,689,268 (22.2%) 2.26 719
2021-09-01 $864,375 (1.8%) $1,759,575 (22.1%) 2.31 710
2021-10-01 $869,000 (5.4%) $1,846,575 (27.5%) 2.32 647
2021-11-01 $885,225 (10.8%) $1,882,719 (29.5%) 2.37 530
2021-12-01 $894,500 (9.2%) $1,990,544 (31.3%) 2.43 429
2022-01-01 $898,900 (8.9%) $2,040,139 (30.8%) 2.43 378
2022-02-01 $895,950 (1.9%) $2,094,019 (27.0%) 2.33 385
2022-03-01 $928,536 (8.7%) $2,046,090 (35.7%) 2.32 445
2022-04-01 $899,900 (3.4%) $1,930,673 (19.6%) 2.15 500
2022-05-01 $914,825 (5.3%) $1,790,597 (7.5%) 2.09 720
2022-06-01 $929,210 (7.5%) $1,709,993 (-3.3%) 2.07 866
2022-07-01 $899,900 (2.3%) $1,538,329 (-9.9%) 2.03 1,106
2022-08-01 $892,500 (5.1%) $1,469,063 (-13.0%) 2.06 1,147
2022-09-01 $879,450 (1.7%) $1,463,340 (-16.8%) 2.06 1,077
2022-10-01 $859,999 (-1.0%) $1,462,341 (-20.8%) 2.02 1,055
2022-11-01 $875,000 (-1.2%) $1,545,311 (-17.9%) 2.10 1,003
2022-12-01 $871,000 (-2.6%) $1,617,338 (-18.8%) 2.15 835
2023-01-01 $873,725 (-2.8%) $1,698,414 (-16.8%) 2.17 708
2023-02-01 $932,500 (4.1%) $1,812,681 (-13.4%) 2.25 629
2023-03-01 $944,500 (1.7%) $2,020,304 (-1.3%) 2.23 598
2023-04-01 $985,000 (9.5%) $2,079,376 (7.7%) 2.29 571
2023-05-01 $1,073,191 (17.3%) $2,180,613 (21.8%) 2.43 579
2023-06-01 $1,021,377 (9.9%) $2,163,732 (26.5%) 2.30 619
2023-07-01 $1,075,000 (19.5%) $2,129,812 (38.5%) 2.44 666
2023-08-01 $1,021,225 (14.4%) $2,050,014 (39.6%) 2.35 684
2023-09-01 $1,092,500 (24.2%) $2,078,094 (42.0%) 2.54 688
2023-10-01 $1,050,000 (22.1%) $1,957,512 (33.9%) 2.47 735
2023-11-01 $1,037,222 (18.5%) $1,919,229 (24.2%) 2.47 756
Oxnard's median listing price for 2023-11-01 was $1,037,222, a difference of $162,222 (18.5%) versus the prior year and $-12,778 versus the prior month.

Oxnard's median listing price comes in at 247% of the national average.

Oxnard's average listing price for 2023-11-01 was $1,919,229, a difference of $373,918 (24.2%) versus the prior year and $-38,283 versus the prior month.

For the 2023-11-01 period, Oxnard had 756 MLS listings, a difference of 21 listings (3%) versus the prior month and -247 listings (-25%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Oxnard (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 61 days 2,062 sqft
2018-02-01 35 days 2,024 sqft
2018-03-01 35 days 2,024 sqft
2018-04-01 37 days 2,049 sqft
2018-05-01 36 days 2,031 sqft
2018-06-01 38 days 2,021 sqft
2018-07-01 41 days 2,031 sqft
2018-08-01 43 days 2,014 sqft
2018-09-01 44 days 1,979 sqft
2018-10-01 48 days 1,962 sqft
2018-11-01 51 days 1,953 sqft
2018-12-01 61 days 1,931 sqft
2019-01-01 67 days 1,895 sqft
2019-02-01 50 days 1,903 sqft
2019-03-01 43 days 1,913 sqft
2019-04-01 39 days 1,942 sqft
2019-05-01 40 days 2,000 sqft
2019-06-01 44 days 2,027 sqft
2019-07-01 45 days 2,047 sqft
2019-08-01 47 days 2,051 sqft
2019-09-01 48 days 2,067 sqft
2019-10-01 50 days 2,069 sqft
2019-11-01 53 days 1,971 sqft
2019-12-01 58 days 2,020 sqft
2020-01-01 63 days 2,099 sqft
2020-02-01 52 days 2,113 sqft
2020-03-01 41 days 2,135 sqft
2020-04-01 48 days 2,063 sqft
2020-05-01 59 days 2,084 sqft
2020-06-01 52 days 2,126 sqft
2020-07-01 45 days 2,146 sqft
2020-08-01 40 days 2,096 sqft
2020-09-01 42 days 2,103 sqft
2020-10-01 39 days 2,074 sqft
2020-11-01 52 days 2,002 sqft
2020-12-01 57 days 2,024 sqft
2021-01-01 54 days 2,021 sqft
2021-02-01 35 days 2,119 sqft
2021-03-01 28 days 2,040 sqft
2021-04-01 34 days 2,052 sqft
2021-05-01 33 days 2,009 sqft
2021-06-01 31 days 2,022 sqft
2021-07-01 35 days 1,978 sqft
2021-08-01 31 days 1,924 sqft
2021-09-01 34 days 1,958 sqft
2021-10-01 36 days 1,960 sqft
2021-11-01 40 days 1,965 sqft
2021-12-01 45 days 1,984 sqft
2022-01-01 40 days 1,954 sqft
2022-02-01 27 days 1,858 sqft
2022-03-01 27 days 1,879 sqft
2022-04-01 25 days 1,894 sqft
2022-05-01 25 days 1,920 sqft
2022-06-01 27 days 1,923 sqft
2022-07-01 33 days 1,900 sqft
2022-08-01 37 days 1,845 sqft
2022-09-01 46 days 1,840 sqft
2022-10-01 51 days 1,853 sqft
2022-11-01 53 days 1,838 sqft
2022-12-01 63 days 1,842 sqft
2023-01-01 67 days 1,858 sqft
2023-02-01 43 days 1,892 sqft
2023-03-01 42 days 1,880 sqft
2023-04-01 43 days 1,991 sqft
2023-05-01 39 days 2,024 sqft
2023-06-01 38 days 1,933 sqft
2023-07-01 38 days 1,962 sqft
2023-08-01 42 days 1,957 sqft
2023-09-01 42 days 1,988 sqft
2023-10-01 41 days 1,956 sqft
2023-11-01 44 days 1,940 sqft
Oxnard's median listing age (time on market) for 2023-11-01 was 44 days. This is -17% shorter than the same period one year ago.

Oxnard's median square footage for active listings during the 2023-11-01 period was 1,940 sqft. One year prior, the average listing was 1,838 sqft.