Pahrump USDA Loan Rates, Closing Costs & Stats

Pahrump, NV

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.

Pahrump's 7 lenders originated 7 USDA loans during 2022. The total origination value was $1,875,000, with an average USDA loan value of $267,857.

Pahrump USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Pahrump averaged -0.33% for the week of 2024-02-23, compared to the national average (all USDA variants) of 0% for the same period.

Pahrump's average USDA mortgage closing costs are $7,048.

The average rate for the prior week (2024-02-16) was 6.35% and one month ago for the week of 2024-01-19, the average rate was 5.93%.

The average rate one year ago was 6.24%.

For refis of the same type during the week of 2024-02-23, the average rate was -1.34%.

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

Pahrump 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 Pahrump level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
AMERICAN FINANCING CORPORATION 1 4.50% $7,736
AXIA FINANCIAL, LLC 1 5.63% $4,251
CARDINAL FINANCIAL 1 5.75% $9,473
East Coast Capital Corp. 1 3.75% $7,013
First Guaranty Mortgage Corporation 1 3.75% $7,013
GUILD MORTGAGE COMPANY 1 3.88% $17,106
U.S. Bank 1 4.25% $7,535

The top Pahrump USDA lender as defined by loan originations is AMERICAN FINANCING CORPORATION, with 1 USDA loans originated. Their average total fees are $7,736, which is $3,485 higher than the next largest lender, AXIA FINANCIAL, LLC.

The lowest fee Pahrump USDA lenders (with over 10 loans originated) are .

The lowest rate Pahrump USDA lenders (with over 10 loans originated) are .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Pahrump (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 $263,700 (18.8%) $281,437 (14.2%) 0.00 130
2018-02-01 $264,725 (16.5%) $279,656 (7.2%) 0.00 146
2018-03-01 $278,900 (22.9%) $318,389 (18.7%) 0.00 136
2018-04-01 $280,475 (22.0%) $328,781 (19.6%) 0.00 120
2018-05-01 $278,485 (19.0%) $324,247 (17.5%) 0.00 116
2018-06-01 $294,900 (19.4%) $333,482 (17.3%) 0.00 133
2018-07-01 $284,450 (15.9%) $334,272 (19.1%) 0.00 146
2018-08-01 $284,725 (14.4%) $337,928 (20.9%) 0.00 166
2018-09-01 $284,950 (16.4%) $330,018 (17.4%) 0.00 188
2018-10-01 $291,450 (19.0%) $324,029 (13.9%) 0.00 196
2018-11-01 $290,000 (16.5%) $323,765 (11.4%) 0.00 203
2018-12-01 $286,750 (12.9%) $316,815 (10.0%) 0.00 204
2019-01-01 $289,875 (9.9%) $311,005 (10.5%) 0.00 205
2019-02-01 $289,150 (9.2%) $311,746 (11.5%) 0.00 205
2019-03-01 $287,835 (3.2%) $305,506 (-4.1%) 0.00 196
2019-04-01 $284,975 (1.6%) $300,527 (-8.6%) 0.00 183
2019-05-01 $279,675 (0.4%) $296,390 (-8.6%) 0.00 198
2019-06-01 $289,630 (-1.8%) $296,706 (-11.0%) 0.00 208
2019-07-01 $285,000 (0.2%) $296,308 (-11.4%) 0.00 209
2019-08-01 $280,636 (-1.4%) $293,613 (-13.1%) 0.00 235
2019-09-01 $274,091 (-3.8%) $289,167 (-12.4%) 0.00 276
2019-10-01 $269,894 (-7.4%) $287,501 (-11.3%) 0.00 303
2019-11-01 $285,000 (-1.7%) $298,948 (-7.7%) 0.00 259
2019-12-01 $289,665 (1.0%) $300,599 (-5.1%) 0.00 237
2020-01-01 $288,674 (-0.4%) $301,885 (-2.9%) 0.00 221
2020-02-01 $290,000 (0.3%) $316,900 (1.7%) 0.00 220
2020-03-01 $289,944 (0.7%) $313,669 (2.7%) 0.00 224
2020-04-01 $289,900 (1.7%) $321,562 (7.0%) 0.00 218
2020-05-01 $289,900 (3.7%) $319,863 (7.9%) 0.00 213
2020-06-01 $294,500 (1.7%) $309,848 (4.4%) 0.00 213
2020-07-01 $289,225 (1.5%) $319,795 (7.9%) 0.00 204
2020-08-01 $299,000 (6.5%) $332,061 (13.1%) 0.00 152
2020-09-01 $295,250 (7.7%) $334,236 (15.6%) 0.00 146
2020-10-01 $309,997 (14.9%) $350,137 (21.8%) 0.00 132
2020-11-01 $300,000 (5.3%) $349,014 (16.8%) 0.00 122
2020-12-01 $304,998 (5.3%) $352,352 (17.2%) 0.00 110
2021-01-01 $299,995 (3.9%) $349,387 (15.7%) 0.00 101
2021-02-01 $302,238 (4.2%) $337,521 (6.5%) 0.00 116
2021-03-01 $312,218 (7.7%) $342,143 (9.1%) 0.00 109
2021-04-01 $325,000 (12.1%) $359,027 (11.7%) 0.00 104
2021-05-01 $349,900 (20.7%) $381,389 (19.2%) 0.00 99
2021-06-01 $359,950 (22.2%) $389,229 (25.6%) 0.00 122
2021-07-01 $360,000 (24.5%) $398,835 (24.7%) 0.00 140
2021-08-01 $369,000 (23.4%) $406,848 (22.5%) 0.00 147
2021-09-01 $374,975 (27.0%) $407,297 (21.9%) 0.00 179
2021-10-01 $379,000 (22.3%) $412,898 (17.9%) 0.00 183
2021-11-01 $379,059 (26.4%) $408,391 (17.0%) 0.00 174
2021-12-01 $381,222 (25.0%) $411,925 (16.9%) 0.00 154
2022-01-01 $380,000 (26.7%) $421,175 (20.6%) 0.00 140
2022-02-01 $394,925 (30.7%) $421,145 (24.8%) 0.00 147
2022-03-01 $417,225 (33.6%) $434,943 (27.1%) 0.00 139
2022-04-01 $435,000 (33.9%) $459,953 (28.1%) 0.00 140
2022-05-01 $437,000 (24.9%) $463,271 (21.5%) 0.00 156
2022-06-01 $434,250 (20.6%) $477,758 (22.7%) 0.00 199
2022-07-01 $425,000 (18.1%) $471,275 (18.2%) 0.00 254
2022-08-01 $416,975 (13.0%) $458,841 (12.8%) 0.00 266
2022-09-01 $403,097 (7.5%) $456,411 (12.1%) 0.00 282
2022-10-01 $399,900 (5.5%) $440,364 (6.7%) 0.00 281
2022-11-01 $399,000 (5.3%) $431,116 (5.6%) 0.00 278
2022-12-01 $396,500 (4.0%) $426,936 (3.6%) 0.00 258
2023-01-01 $396,500 (4.3%) $417,865 (-0.8%) 0.00 228
2023-02-01 $395,675 (0.2%) $415,690 (-1.3%) 0.00 244
2023-03-01 $399,900 (-4.2%) $420,913 (-3.2%) 0.00 251
2023-04-01 $400,000 (-8.1%) $429,692 (-6.6%) 0.00 245
2023-05-01 $391,124 (-10.5%) $420,138 (-9.3%) 0.00 286
2023-06-01 $398,000 (-8.4%) $423,041 (-11.5%) 0.00 297
2023-07-01 $399,900 (-5.9%) $429,511 (-8.9%) 0.00 282
2023-08-01 $393,973 (-5.5%) $424,718 (-7.4%) 0.00 289
2023-09-01 $395,000 (-2.0%) $450,970 (-1.2%) 0.00 226
2023-10-01 $397,500 (-0.6%) $451,843 (2.6%) 0.00 226
2023-11-01 $399,000 (0.0%) $454,280 (5.4%) 0.00 208
2023-12-01 $400,000 (0.9%) $446,971 (4.7%) 0.00 206
Pahrump's median listing price for 2023-12-01 was $400,000, a difference of $3,500 (0.9%) versus the prior year and $1,000 versus the prior month.

Pahrump's median listing price comes in at 0% of the national average.

Pahrump's average listing price for 2023-12-01 was $446,971, a difference of $20,035 (4.7%) versus the prior year and $-7,309 versus the prior month.

For the 2023-12-01 period, Pahrump had 206 MLS listings, a difference of -2 listings (-1%) versus the prior month and -52 listings (-20%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Pahrump (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,218 sqft
2018-02-01 0 days 2,164 sqft
2018-03-01 0 days 2,228 sqft
2018-04-01 0 days 2,200 sqft
2018-05-01 0 days 2,202 sqft
2018-06-01 0 days 2,202 sqft
2018-07-01 0 days 2,144 sqft
2018-08-01 0 days 2,126 sqft
2018-09-01 0 days 2,107 sqft
2018-10-01 0 days 2,141 sqft
2018-11-01 0 days 2,180 sqft
2018-12-01 0 days 2,113 sqft
2019-01-01 0 days 2,090 sqft
2019-02-01 0 days 2,088 sqft
2019-03-01 0 days 2,076 sqft
2019-04-01 0 days 2,062 sqft
2019-05-01 0 days 2,036 sqft
2019-06-01 0 days 2,025 sqft
2019-07-01 0 days 2,024 sqft
2019-08-01 0 days 2,014 sqft
2019-09-01 0 days 2,003 sqft
2019-10-01 0 days 2,009 sqft
2019-11-01 0 days 2,024 sqft
2019-12-01 0 days 2,050 sqft
2020-01-01 0 days 2,036 sqft
2020-02-01 0 days 2,036 sqft
2020-03-01 0 days 2,021 sqft
2020-04-01 0 days 2,027 sqft
2020-05-01 0 days 2,048 sqft
2020-06-01 0 days 2,022 sqft
2020-07-01 0 days 2,025 sqft
2020-08-01 0 days 2,080 sqft
2020-09-01 0 days 2,038 sqft
2020-10-01 0 days 2,087 sqft
2020-11-01 0 days 2,087 sqft
2020-12-01 0 days 2,087 sqft
2021-01-01 0 days 2,021 sqft
2021-02-01 0 days 1,959 sqft
2021-03-01 0 days 2,021 sqft
2021-04-01 0 days 2,026 sqft
2021-05-01 0 days 2,057 sqft
2021-06-01 0 days 2,065 sqft
2021-07-01 0 days 2,022 sqft
2021-08-01 0 days 2,013 sqft
2021-09-01 0 days 2,013 sqft
2021-10-01 0 days 1,977 sqft
2021-11-01 0 days 1,983 sqft
2021-12-01 0 days 1,997 sqft
2022-01-01 0 days 1,990 sqft
2022-02-01 0 days 1,985 sqft
2022-03-01 0 days 2,006 sqft
2022-04-01 0 days 2,074 sqft
2022-05-01 0 days 2,022 sqft
2022-06-01 0 days 2,022 sqft
2022-07-01 0 days 2,017 sqft
2022-08-01 0 days 2,003 sqft
2022-09-01 0 days 1,991 sqft
2022-10-01 0 days 1,999 sqft
2022-11-01 0 days 1,999 sqft
2022-12-01 0 days 2,009 sqft
2023-01-01 0 days 2,019 sqft
2023-02-01 0 days 2,008 sqft
2023-03-01 0 days 2,022 sqft
2023-04-01 0 days 2,022 sqft
2023-05-01 0 days 2,012 sqft
2023-06-01 0 days 2,022 sqft
2023-07-01 0 days 2,029 sqft
2023-08-01 0 days 1,975 sqft
2023-09-01 0 days 1,977 sqft
2023-10-01 0 days 1,997 sqft
2023-11-01 0 days 2,049 sqft
2023-12-01 0 days 2,055 sqft
Pahrump's median listing age (time on market) for 2023-12-01 was 0 days.

Pahrump's median square footage for active listings during the 2023-12-01 period was 2,055 sqft. One year prior, the average listing was 2,009 sqft.