Oxnard USDA Loan Rates, Closing Costs & Stats

OXNARD-THOUSAND OAKS-VENTURA, CA

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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.

    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%.

    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 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. 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%) 2.67 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 for 2022-12-01 was $869,762, a difference of $-24,738 (-2.8%) versus the prior year and $-5,238 versus the prior month.

    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. Louis
    Date 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 listing age (time on market) for 2022-12-01 was 64 days. This is 42% longer than the same period one year ago.

    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.