Pecos USDA Loan Rates, Closing Costs & Stats

Pecos, TX

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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.

    Pecos's 2 lenders originated 2 USDA loans during 2023. The total origination value was $560,000, with an average USDA loan value of $280,000.

    Pecos USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Pecos averaged 6.26% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    Pecos's average USDA mortgage closing costs are $9,404.

    The average rate for the prior week (2024-12-06) was 6.09% and one month ago for the week of 2024-11-08, the average rate was 6.41%.

    The average rate one year ago was 6.98%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.2%.

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

    Pecos 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 Pecos level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    TJC Mortgage, Inc. 1 5.50% $13,576
    UNITED WHOLESALE MORTGAGE, LLC 1 5.88% $8,097

    The top Pecos USDA lender as defined by loan originations is TJC Mortgage, Inc., with 1 USDA loans originated. Their average total fees are $13,576, which is $5,479 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Pecos (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 $172,900 (28.2%) $587,429 (291.8%) 0.00 7
    2018-02-01 $221,250 (46.1%) $673,345 (331.4%) 0.00 6
    2018-03-01 $220,000 (56.7%) $619,843 (316.1%) 0.00 7
    2018-04-01 $257,450 (90.9%) $586,100 (307.6%) 0.00 7
    2018-05-01 $310,000 (136.6%) $547,085 (291.1%) 0.00 9
    2018-06-01 $325,000 (88.4%) $575,094 (223.7%) 0.00 8
    2018-07-01 $326,000 (124.8%) $637,425 (367.6%) 0.00 8
    2018-08-01 $274,500 (45.8%) $424,836 (125.7%) 0.00 8
    2018-09-01 $241,950 (18.3%) $240,975 (-12.3%) 0.00 9
    2018-10-01 $249,000 (40.5%) $214,380 (-71.3%) 0.00 5
    2018-11-01 $212,250 (15.0%) $195,883 (-73.6%) 0.00 5
    2018-12-01 $189,500 (12.1%) $186,108 (-66.3%) 0.00 10
    2019-01-01 $167,000 (-3.4%) $171,505 (-70.8%) 0.00 9
    2019-02-01 $154,250 (-30.3%) $186,733 (-72.3%) 0.00 6
    2019-03-01 $143,714 (-34.7%) $182,026 (-70.6%) 0.00 7
    2019-04-01 $114,214 (-55.6%) $171,007 (-70.8%) 0.00 9
    2019-05-01 $203,950 (-34.2%) $218,824 (-60.0%) 0.00 9
    2019-06-01 $216,900 (-33.3%) $239,947 (-58.3%) 0.00 14
    2019-07-01 $206,250 (-36.7%) $224,853 (-64.7%) 0.00 18
    2019-08-01 $208,077 (-24.2%) $230,310 (-45.8%) 0.00 18
    2019-09-01 $228,818 (-5.4%) $253,651 (5.3%) 0.00 18
    2019-10-01 $237,645 (-4.6%) $274,328 (28.0%) 0.00 18
    2019-11-01 $239,900 (13.0%) $280,313 (43.1%) 0.00 20
    2019-12-01 $250,000 (31.9%) $269,135 (44.6%) 0.00 20
    2020-01-01 $250,000 (49.7%) $276,774 (61.4%) 0.00 19
    2020-02-01 $230,000 (49.1%) $259,760 (39.1%) 0.00 24
    2020-03-01 $209,000 (45.4%) $239,182 (31.4%) 0.00 24
    2020-04-01 $204,750 (79.3%) $237,417 (38.8%) 0.00 19
    2020-05-01 $220,000 (7.9%) $238,107 (8.8%) 0.00 15
    2020-06-01 $164,900 (-24.0%) $215,082 (-10.4%) 0.00 13
    2020-07-01 $137,728 (-33.2%) $208,282 (-7.4%) 0.00 9
    2020-08-01 $150,000 (-27.9%) $210,544 (-8.6%) 0.00 9
    2020-09-01 $112,500 (-50.8%) $159,543 (-37.1%) 0.00 10
    2020-10-01 $189,250 (-20.4%) $199,200 (-27.4%) 0.00 9
    2020-11-01 $149,625 (-37.6%) $226,708 (-19.1%) 0.00 12
    2020-12-01 $214,000 (-14.4%) $222,821 (-17.2%) 0.00 14
    2021-01-01 $279,650 (11.9%) $263,339 (-4.9%) 0.00 17
    2021-02-01 $279,500 (21.5%) $273,396 (5.3%) 0.00 21
    2021-03-01 $273,495 (30.9%) $284,443 (18.9%) 0.00 20
    2021-04-01 $245,000 (19.7%) $257,437 (8.4%) 0.00 22
    2021-05-01 $247,450 (12.5%) $261,585 (9.9%) 0.00 20
    2021-06-01 $246,950 (49.8%) $271,865 (26.4%) 0.00 17
    2021-07-01 $245,000 (77.9%) $269,693 (29.5%) 0.00 18
    2021-08-01 $245,000 (63.3%) $273,963 (30.1%) 0.00 17
    2021-09-01 $279,500 (148.4%) $317,831 (99.2%) 0.00 15
    2021-10-01 $254,000 (34.2%) $321,367 (61.3%) 0.00 21
    2021-11-01 $255,500 (70.8%) $304,616 (34.4%) 0.00 21
    2021-12-01 $247,250 (15.5%) $283,019 (27.0%) 0.00 19
    2022-01-01 $220,000 (-21.3%) $273,761 (4.0%) 0.00 14
    2022-02-01 $254,250 (-9.0%) $312,467 (14.3%) 0.00 11
    2022-03-01 $245,000 (-10.4%) $247,911 (-12.8%) 0.00 17
    2022-04-01 $238,000 (-2.9%) $234,958 (-8.7%) 0.00 19
    2022-05-01 $217,350 (-12.2%) $229,271 (-12.4%) 0.00 23
    2022-06-01 $217,663 (-11.9%) $238,419 (-12.3%) 0.00 26
    2022-07-01 $199,450 (-18.6%) $217,663 (-19.3%) 0.00 22
    2022-08-01 $191,250 (-21.9%) $217,453 (-20.6%) 0.00 20
    2022-09-01 $195,500 (-30.1%) $239,013 (-24.8%) 0.00 21
    2022-10-01 $195,000 (-23.2%) $233,571 (-27.3%) 0.00 21
    2022-11-01 $210,250 (-17.7%) $257,455 (-15.5%) 0.00 23
    2022-12-01 $214,500 (-13.3%) $255,806 (-9.6%) 0.00 24
    2023-01-01 $284,875 (29.5%) $267,499 (-2.3%) 0.00 21
    2023-02-01 $285,750 (12.4%) $292,465 (-6.4%) 0.00 21
    2023-03-01 $288,875 (17.9%) $287,330 (15.9%) 0.00 19
    2023-04-01 $291,750 (22.6%) $299,161 (27.3%) 0.00 21
    2023-05-01 $287,250 (32.2%) $265,501 (15.8%) 0.00 19
    2023-06-01 $273,000 (25.4%) $291,630 (22.3%) 0.00 19
    2023-07-01 $285,000 (42.9%) $282,154 (29.6%) 0.00 23
    2023-08-01 $285,250 (49.2%) $298,466 (37.3%) 0.00 27
    2023-09-01 $302,000 (54.5%) $307,952 (28.8%) 0.00 20
    2023-10-01 $294,000 (50.8%) $289,241 (23.8%) 0.00 21
    2023-11-01 $293,500 (39.6%) $278,657 (8.2%) 0.00 26
    2023-12-01 $296,000 (38.0%) $292,600 (14.4%) 0.00 23
    2024-01-01 $295,500 (3.7%) $303,275 (13.4%) 0.00 24
    2024-02-01 $290,250 (1.6%) $312,946 (7.0%) 0.00 25
    2024-03-01 $302,500 (4.7%) $330,469 (15.0%) 0.00 28
    2024-04-01 $327,975 (12.4%) $339,875 (13.6%) 0.00 25
    2024-05-01 $296,750 (3.3%) $323,878 (22.0%) 0.00 25
    2024-06-01 $279,500 (2.4%) $321,657 (10.3%) 0.00 33
    2024-07-01 $274,250 (-3.8%) $316,934 (12.3%) 0.00 30
    2024-08-01 $250,000 (-12.4%) $287,126 (-3.8%) 0.00 35
    2024-09-01 $230,000 (-23.8%) $293,547 (-4.7%) 0.00 29
    2024-10-01 $223,875 (-23.9%) $280,360 (-3.1%) 0.00 33
    2024-11-01 $207,500 (-29.3%) $277,766 (-0.3%) 0.00 30
    Pecos's median listing price for 2024-11-01 was $207,500, a difference of $-86,000 (-29.3%) versus the prior year and $-16,375 versus the prior month.

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

    Pecos's average listing price for 2024-11-01 was $277,766, a difference of $-891 (-0.3%) versus the prior year and $-2,594 versus the prior month.

    For the 2024-11-01 period, Pecos had 30 MLS listings, a difference of -3 listings (-9%) versus the prior month and 4 listings (15%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Pecos (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,926 sqft
    2018-02-01 0 days 2,071 sqft
    2018-03-01 0 days 2,253 sqft
    2018-04-01 0 days 1,873 sqft
    2018-05-01 0 days 2,108 sqft
    2018-06-01 0 days 2,950 sqft
    2018-07-01 0 days 3,075 sqft
    2018-08-01 0 days 2,342 sqft
    2018-09-01 0 days 2,040 sqft
    2018-10-01 0 days 2,040 sqft
    2018-11-01 0 days 1,920 sqft
    2018-12-01 0 days 1,775 sqft
    2019-01-01 0 days 1,700 sqft
    2019-02-01 0 days 1,625 sqft
    2019-03-01 0 days 1,535 sqft
    2019-04-01 0 days 1,285 sqft
    2019-05-01 0 days 1,446 sqft
    2019-06-01 0 days 1,764 sqft
    2019-07-01 0 days 1,600 sqft
    2019-08-01 0 days 1,652 sqft
    2019-09-01 0 days 1,830 sqft
    2019-10-01 0 days 1,948 sqft
    2019-11-01 0 days 2,052 sqft
    2019-12-01 0 days 2,058 sqft
    2020-01-01 0 days 2,096 sqft
    2020-02-01 0 days 2,051 sqft
    2020-03-01 0 days 1,971 sqft
    2020-04-01 0 days 1,984 sqft
    2020-05-01 0 days 2,038 sqft
    2020-06-01 0 days 1,822 sqft
    2020-07-01 0 days 1,917 sqft
    2020-08-01 0 days 1,930 sqft
    2020-09-01 0 days 1,279 sqft
    2020-10-01 0 days 1,620 sqft
    2020-11-01 0 days 1,627 sqft
    2020-12-01 0 days 1,551 sqft
    2021-01-01 0 days 1,671 sqft
    2021-02-01 0 days 1,694 sqft
    2021-03-01 0 days 1,952 sqft
    2021-04-01 0 days 1,922 sqft
    2021-05-01 0 days 1,825 sqft
    2021-06-01 0 days 1,761 sqft
    2021-07-01 0 days 1,798 sqft
    2021-08-01 0 days 2,007 sqft
    2021-09-01 0 days 2,021 sqft
    2021-10-01 0 days 2,040 sqft
    2021-11-01 0 days 1,986 sqft
    2021-12-01 0 days 1,724 sqft
    2022-01-01 0 days 1,761 sqft
    2022-02-01 0 days 1,908 sqft
    2022-03-01 0 days 1,683 sqft
    2022-04-01 0 days 1,605 sqft
    2022-05-01 0 days 1,727 sqft
    2022-06-01 0 days 1,727 sqft
    2022-07-01 0 days 1,739 sqft
    2022-08-01 0 days 1,679 sqft
    2022-09-01 0 days 1,754 sqft
    2022-10-01 0 days 1,647 sqft
    2022-11-01 0 days 1,780 sqft
    2022-12-01 0 days 1,767 sqft
    2023-01-01 0 days 1,733 sqft
    2023-02-01 0 days 1,687 sqft
    2023-03-01 0 days 1,613 sqft
    2023-04-01 0 days 1,694 sqft
    2023-05-01 0 days 1,707 sqft
    2023-06-01 0 days 1,768 sqft
    2023-07-01 0 days 1,908 sqft
    2023-08-01 0 days 1,962 sqft
    2023-09-01 0 days 1,645 sqft
    2023-10-01 0 days 1,825 sqft
    2023-11-01 0 days 1,815 sqft
    2023-12-01 0 days 1,835 sqft
    2024-01-01 0 days 1,757 sqft
    2024-02-01 0 days 1,747 sqft
    2024-03-01 0 days 1,835 sqft
    2024-04-01 0 days 1,829 sqft
    2024-05-01 0 days 1,786 sqft
    2024-06-01 0 days 1,680 sqft
    2024-07-01 0 days 1,681 sqft
    2024-08-01 0 days 1,636 sqft
    2024-09-01 0 days 1,721 sqft
    2024-10-01 0 days 1,602 sqft
    2024-11-01 0 days 1,673 sqft
    Pecos's median listing age (time on market) for 2024-11-01 was 0 days.

    Pecos's median square footage for active listings during the 2024-11-01 period was 1,673 sqft. One year prior, the average listing was 1,815 sqft.