Oxnard USDA Loans
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
5.24%
for the week of 2022-05-20, compared to the national average (all USDA variants) of
5.315% for the same period.
The average rate for the prior week (2022-05-13) was
5.03% and
one month ago for the week of 2022-04-15, the
average rate was 4.82%.
The average rate one year ago was 3.07%.
For refis of the same type during the week of 2022-05-20, the average rate
was 5.06%.
Oxnard USDA Loan Lenders by Rates & Fees
The below table looks at the average fees 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. Total Fees |
|---|---|---|---|
| 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 | $762,000 (5.2%) | $1,392,597 (12.1%) | 2.81 | 1,186 |
| 2018-02-01 | $754,500 (-1.4%) | $1,346,101 (1.8%) | 2.72 | 1,262 |
| 2018-03-01 | $749,900 (-3.9%) | $1,326,603 (0.2%) | 2.59 | 1,434 |
| 2018-04-01 | $773,450 (-0.7%) | $1,342,456 (0.7%) | 2.60 | 1,559 |
| 2018-05-01 | $754,450 (-2.5%) | $1,308,361 (1.7%) | 2.52 | 1,764 |
| 2018-06-01 | $749,950 (-3.2%) | $1,274,063 (1.7%) | 2.50 | 1,931 |
| 2018-07-01 | $749,450 (-2.5%) | $1,237,108 (-1.2%) | 2.50 | 2,073 |
| 2018-08-01 | $732,450 (-4.8%) | $1,200,820 (-3.7%) | 2.45 | 2,149 |
| 2018-09-01 | $709,000 (-7.8%) | $1,175,511 (-5.9%) | 2.37 | 2,208 |
| 2018-10-01 | $699,975 (-10.5%) | $1,164,561 (-10.0%) | 2.34 | 2,158 |
| 2018-11-01 | $699,000 (-9.2%) | $1,156,284 (-10.6%) | 2.34 | 2,081 |
| 2018-12-01 | $699,000 (-9.8%) | $1,179,260 (-12.4%) | 2.39 | 1,823 |
| 2019-01-01 | $698,500 (-8.3%) | $1,198,226 (-14.0%) | 2.41 | 1,689 |
| 2019-02-01 | $698,000 (-7.5%) | $1,217,041 (-9.6%) | 2.34 | 1,660 |
| 2019-03-01 | $710,143 (-5.3%) | $1,213,263 (-8.5%) | 2.31 | 1,735 |
| 2019-04-01 | $725,000 (-6.3%) | $1,195,413 (-11.0%) | 2.28 | 1,829 |
| 2019-05-01 | $735,000 (-2.6%) | $1,208,928 (-7.6%) | 2.27 | 1,980 |
| 2019-06-01 | $749,999 (0.0%) | $1,237,010 (-2.9%) | 2.31 | 2,041 |
| 2019-07-01 | $759,475 (1.3%) | $1,243,760 (0.5%) | 2.36 | 2,039 |
| 2019-08-01 | $760,714 (3.9%) | $1,207,502 (0.6%) | 2.39 | 1,905 |
| 2019-09-01 | $775,000 (9.3%) | $1,197,690 (1.9%) | 2.46 | 1,738 |
| 2019-10-01 | $778,450 (11.2%) | $1,223,757 (5.1%) | 2.48 | 1,706 |
| 2019-11-01 | $749,000 (7.2%) | $1,198,902 (3.7%) | 2.42 | 1,667 |
| 2019-12-01 | $787,000 (12.6%) | $1,311,819 (11.2%) | 2.62 | 1,328 |
| 2020-01-01 | $822,450 (17.8%) | $1,365,773 (14.0%) | 2.74 | 1,240 |
| 2020-02-01 | $849,990 (21.8%) | $1,413,497 (16.1%) | 2.74 | 1,236 |
| 2020-03-01 | $854,000 (20.3%) | $1,405,855 (15.9%) | 2.67 | 1,254 |
| 2020-04-01 | $798,950 (10.2%) | $1,299,030 (8.7%) | 2.49 | 1,351 |
| 2020-05-01 | $819,000 (11.4%) | $1,322,877 (9.4%) | 2.48 | 1,446 |
| 2020-06-01 | $843,495 (12.5%) | $1,319,268 (6.7%) | 2.46 | 1,284 |
| 2020-07-01 | $849,925 (11.9%) | $1,366,936 (9.9%) | 2.44 | 1,150 |
| 2020-08-01 | $859,000 (12.9%) | $1,426,763 (18.2%) | 2.45 | 1,013 |
| 2020-09-01 | $894,000 (15.4%) | $1,546,122 (29.1%) | 2.55 | 937 |
| 2020-10-01 | $874,995 (12.4%) | $1,537,513 (25.6%) | 2.50 | 972 |
| 2020-11-01 | $864,500 (15.4%) | $1,622,609 (35.3%) | 2.48 | 838 |
| 2020-12-01 | $872,000 (10.8%) | $1,638,787 (24.9%) | 2.56 | 646 |
| 2021-01-01 | $855,000 (4.0%) | $1,647,350 (20.6%) | 2.52 | 551 |
| 2021-02-01 | $873,450 (2.8%) | $1,676,723 (18.6%) | 2.51 | 681 |
| 2021-03-01 | $924,500 (8.3%) | $1,710,047 (21.6%) | 2.59 | 532 |
| 2021-04-01 | $945,000 (18.3%) | $1,750,099 (34.7%) | 2.54 | 542 |
| 2021-05-01 | $879,000 (7.3%) | $1,877,322 (41.9%) | 2.31 | 574 |
| 2021-06-01 | $887,450 (5.2%) | $1,939,578 (47.0%) | 2.31 | 660 |
| 2021-07-01 | $897,500 (5.6%) | $1,848,019 (35.2%) | 2.33 | 741 |
| 2021-08-01 | $871,000 (1.4%) | $1,735,746 (21.7%) | 2.29 | 762 |
| 2021-09-01 | $884,000 (-1.1%) | $1,791,851 (15.9%) | 2.33 | 755 |
| 2021-10-01 | $895,000 (2.3%) | $1,830,554 (19.1%) | 2.36 | 682 |
| 2021-11-01 | $894,500 (3.5%) | $1,883,512 (16.1%) | 2.36 | 567 |
| 2021-12-01 | $914,000 (4.8%) | $1,980,476 (20.9%) | 2.44 | 456 |
| 2022-01-01 | $945,000 (10.5%) | $2,136,134 (29.7%) | 2.52 | 393 |
| 2022-02-01 | $922,450 (5.6%) | $2,160,154 (28.8%) | 2.35 | 404 |
| 2022-03-01 | $943,011 (2.0%) | $1,960,241 (14.6%) | 2.33 | 462 |
| 2022-04-01 | $939,000 (-0.6%) | $1,883,012 (7.6%) | 2.21 | 531 |
Oxnard's median listing price comes in at 221% of the national average.
Oxnard's average listing price for 2022-04-01 was $1,883,012, a difference of $132,913 (7.6%) versus the prior year and $-77,229 versus the prior month.
For the 2022-04-01 period, Oxnard had 531 MLS listings, a difference of 69 listings (15%) versus the prior month and -11 listings (-2%) 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 | 65 days | 2,095 sqft |
| 2018-02-01 | 38 days | 2,041 sqft |
| 2018-03-01 | 36 days | 2,044 sqft |
| 2018-04-01 | 38 days | 2,083 sqft |
| 2018-05-01 | 38 days | 2,045 sqft |
| 2018-06-01 | 39 days | 2,022 sqft |
| 2018-07-01 | 42 days | 2,029 sqft |
| 2018-08-01 | 43 days | 2,009 sqft |
| 2018-09-01 | 45 days | 1,979 sqft |
| 2018-10-01 | 50 days | 1,959 sqft |
| 2018-11-01 | 52 days | 1,961 sqft |
| 2018-12-01 | 64 days | 1,950 sqft |
| 2019-01-01 | 68 days | 1,917 sqft |
| 2019-02-01 | 52 days | 1,921 sqft |
| 2019-03-01 | 44 days | 1,929 sqft |
| 2019-04-01 | 40 days | 1,974 sqft |
| 2019-05-01 | 39 days | 2,030 sqft |
| 2019-06-01 | 43 days | 2,062 sqft |
| 2019-07-01 | 47 days | 2,078 sqft |
| 2019-08-01 | 50 days | 2,065 sqft |
| 2019-09-01 | 55 days | 2,069 sqft |
| 2019-10-01 | 53 days | 2,071 sqft |
| 2019-11-01 | 54 days | 2,000 sqft |
| 2019-12-01 | 59 days | 2,051 sqft |
| 2020-01-01 | 65 days | 2,133 sqft |
| 2020-02-01 | 45 days | 2,159 sqft |
| 2020-03-01 | 42 days | 2,168 sqft |
| 2020-04-01 | 47 days | 2,100 sqft |
| 2020-05-01 | 62 days | 2,125 sqft |
| 2020-06-01 | 54 days | 2,179 sqft |
| 2020-07-01 | 45 days | 2,184 sqft |
| 2020-08-01 | 40 days | 2,147 sqft |
| 2020-09-01 | 20 days | 2,173 sqft |
| 2020-10-01 | 35 days | 2,159 sqft |
| 2020-11-01 | 39 days | 2,118 sqft |
| 2020-12-01 | 45 days | 2,107 sqft |
| 2021-01-01 | 51 days | 2,086 sqft |
| 2021-02-01 | 26 days | 2,095 sqft |
| 2021-03-01 | 26 days | 2,135 sqft |
| 2021-04-01 | 29 days | 2,139 sqft |
| 2021-05-01 | 31 days | 2,037 sqft |
| 2021-06-01 | 29 days | 2,033 sqft |
| 2021-07-01 | 33 days | 2,006 sqft |
| 2021-08-01 | 32 days | 1,960 sqft |
| 2021-09-01 | 34 days | 1,980 sqft |
| 2021-10-01 | 36 days | 1,986 sqft |
| 2021-11-01 | 38 days | 1,975 sqft |
| 2021-12-01 | 42 days | 1,986 sqft |
| 2022-01-01 | 41 days | 2,010 sqft |
| 2022-02-01 | 26 days | 1,912 sqft |
| 2022-03-01 | 27 days | 1,877 sqft |
| 2022-04-01 | 25 days | 1,895 sqft |
Oxnard's median square footage for active listings during the 2022-04-01 period was 1,895 sqft. One year prior, the average listing was 2,139 sqft.
