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%.

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.