Pensacola USDA Loan Rates, Closing Costs & Stats
PENSACOLA-FERRY PASS-BRENT, FL
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.
Pensacola's 20 lenders originated 61 USDA loans during 2024. The total origination value was $15,945,000, with an average USDA loan value of $261,393.
Pensacola USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Pensacola
averaged
6.41%
for the week of 2025-05-23, compared to the national average (all USDA variants) of
6.433% for the same period.
Pensacola's average USDA mortgage closing costs are $5,310.
The average rate for the prior week (2025-05-16) was
6.45% and
one month ago for the week of 2025-04-18, the
average rate was 6.33%.
The average rate one year ago was 6.5%.
For refis of the same type during the week of 2025-05-23, the average rate
was 6.29%.
Pensacola 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 Pensacola level.
| Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| DHI MORTGAGE COMPANY, LTD. | 22 | 4.82% | $5,232 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 7 | 6.32% | $10,480 |
| EAGLE HOME MORTGAGE, LLC | 5 | 4.70% | $7,983 |
| Ameris Bank | 4 | 5.94% | $9,250 |
| Synovus Bank | 4 | 6.16% | $6,621 |
| THE MORTGAGE FIRM, INC. | 2 | 6.37% | $9,633 |
| CROSSCOUNTRY MORTGAGE, LLC | 2 | 6.38% | $12,586 |
| METROPLEX MORTGAGE SERVICES, INC. | 1 | 6.63% | $11,029 |
| MOVEMENT MORTGAGE, LLC | 1 | 6.50% | $9,957 |
| SWBC MORTGAGE CORPORATION | 1 | 7.25% | $6,266 |
| Truist | 1 | 5.75% | $7,024 |
| UNION HOME MORTGAGE CORP. | 1 | 6.63% | $3,989 |
| AFFORDABLE MORTGAGE ADVISORS, LLC. | 1 | 5.50% | $15,046 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 6.75% | $7,298 |
| CMG MORTGAGE, INC. | 1 | 6.63% | $11,363 |
| Equity Prime Mortgage LLC | 1 | 6.13% | $12,787 |
| FBC MORTGAGE, LLC | 1 | 3.99% | $5,829 |
| GUARANTEED RATE AFFINITY, LLC | 1 | 4.99% | $16,127 |
| Legends Bank | 1 | 6.75% | $6,443 |
| Loan Simple, Inc. | 1 | 6.38% | $16,286 |
The top Pensacola USDA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with
22 USDA loans originated. Their average total fees are
$5,232, which is $5,248
lower than the next largest lender,
FAIRWAY INDEPENDENT MORTGAGE CORPORATION.
The lowest fee Pensacola USDA lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($5,232), .
The lowest rate Pensacola USDA lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (4.82%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Pensacola (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 | $250,000 (10.8%) | $335,503 (9.7%) | 0.93 | 2,375 |
| 2018-02-01 | $250,000 (9.7%) | $334,126 (7.2%) | 0.91 | 2,420 |
| 2018-03-01 | $258,650 (11.0%) | $340,708 (6.4%) | 0.91 | 2,444 |
| 2018-04-01 | $261,301 (9.7%) | $349,888 (6.2%) | 0.89 | 2,454 |
| 2018-05-01 | $264,900 (10.1%) | $348,056 (0.6%) | 0.88 | 2,598 |
| 2018-06-01 | $261,899 (8.4%) | $342,823 (3.4%) | 0.87 | 2,629 |
| 2018-07-01 | $260,000 (6.1%) | $340,897 (4.5%) | 0.87 | 2,726 |
| 2018-08-01 | $256,950 (5.2%) | $335,171 (3.5%) | 0.86 | 2,707 |
| 2018-09-01 | $258,725 (4.4%) | $337,210 (1.7%) | 0.87 | 2,637 |
| 2018-10-01 | $257,450 (5.2%) | $339,736 (4.0%) | 0.87 | 2,605 |
| 2018-11-01 | $259,000 (6.3%) | $339,240 (3.0%) | 0.88 | 2,575 |
| 2018-12-01 | $254,700 (1.9%) | $338,117 (0.5%) | 0.88 | 2,539 |
| 2019-01-01 | $255,000 (2.0%) | $339,641 (1.2%) | 0.88 | 2,433 |
| 2019-02-01 | $254,950 (2.0%) | $342,453 (2.5%) | 0.86 | 2,455 |
| 2019-03-01 | $263,329 (1.8%) | $355,711 (4.4%) | 0.86 | 2,443 |
| 2019-04-01 | $270,925 (3.7%) | $374,519 (7.0%) | 0.86 | 2,384 |
| 2019-05-01 | $275,225 (3.9%) | $376,497 (8.2%) | 0.86 | 2,397 |
| 2019-06-01 | $275,900 (5.4%) | $383,440 (11.9%) | 0.86 | 2,345 |
| 2019-07-01 | $279,000 (7.3%) | $387,600 (13.7%) | 0.87 | 2,308 |
| 2019-08-01 | $278,536 (8.4%) | $387,367 (15.6%) | 0.88 | 2,293 |
| 2019-09-01 | $276,491 (6.9%) | $388,133 (15.1%) | 0.88 | 2,283 |
| 2019-10-01 | $274,900 (6.8%) | $387,961 (14.2%) | 0.89 | 2,276 |
| 2019-11-01 | $274,900 (6.1%) | $389,208 (14.7%) | 0.90 | 2,210 |
| 2019-12-01 | $270,000 (6.0%) | $390,041 (15.4%) | 0.90 | 2,148 |
| 2020-01-01 | $269,900 (5.8%) | $392,387 (15.5%) | 0.90 | 2,051 |
| 2020-02-01 | $271,800 (6.6%) | $392,301 (14.6%) | 0.89 | 2,008 |
| 2020-03-01 | $283,973 (7.8%) | $398,620 (12.1%) | 0.89 | 1,963 |
| 2020-04-01 | $279,950 (3.3%) | $391,287 (4.5%) | 0.88 | 2,034 |
| 2020-05-01 | $289,000 (5.0%) | $404,731 (7.5%) | 0.88 | 1,921 |
| 2020-06-01 | $295,731 (7.2%) | $425,737 (11.0%) | 0.87 | 1,570 |
| 2020-07-01 | $291,900 (4.6%) | $429,399 (10.8%) | 0.85 | 1,483 |
| 2020-08-01 | $289,000 (3.8%) | $442,223 (14.2%) | 0.83 | 1,400 |
| 2020-09-01 | $289,900 (4.9%) | $423,539 (9.1%) | 0.83 | 1,266 |
| 2020-10-01 | $285,000 (3.7%) | $434,665 (12.0%) | 0.82 | 1,175 |
| 2020-11-01 | $281,825 (2.5%) | $443,803 (14.0%) | 0.82 | 1,134 |
| 2020-12-01 | $290,005 (7.4%) | $442,666 (13.5%) | 0.86 | 1,099 |
| 2021-01-01 | $300,000 (11.2%) | $444,641 (13.3%) | 0.90 | 1,025 |
| 2021-02-01 | $317,500 (16.8%) | $477,274 (21.7%) | 0.92 | 811 |
| 2021-03-01 | $339,450 (19.5%) | $502,029 (25.9%) | 0.96 | 757 |
| 2021-04-01 | $337,725 (20.6%) | $505,060 (29.1%) | 0.91 | 778 |
| 2021-05-01 | $339,000 (17.3%) | $500,759 (23.7%) | 0.90 | 837 |
| 2021-06-01 | $341,193 (15.4%) | $498,924 (17.2%) | 0.90 | 931 |
| 2021-07-01 | $335,750 (15.0%) | $504,602 (17.5%) | 0.89 | 1,080 |
| 2021-08-01 | $349,900 (21.1%) | $509,639 (15.2%) | 0.93 | 1,160 |
| 2021-09-01 | $347,225 (19.8%) | $516,864 (22.0%) | 0.93 | 1,216 |
| 2021-10-01 | $350,000 (22.8%) | $520,877 (19.8%) | 0.93 | 1,234 |
| 2021-11-01 | $356,925 (26.7%) | $518,612 (16.9%) | 0.95 | 1,208 |
| 2021-12-01 | $362,875 (25.1%) | $531,853 (20.2%) | 0.98 | 1,094 |
| 2022-01-01 | $369,900 (23.3%) | $526,080 (18.3%) | 1.00 | 983 |
| 2022-02-01 | $374,950 (18.1%) | $568,539 (19.1%) | 0.98 | 752 |
| 2022-03-01 | $375,062 (10.5%) | $552,380 (10.0%) | 0.94 | 749 |
| 2022-04-01 | $380,833 (12.8%) | $554,640 (9.8%) | 0.91 | 803 |
| 2022-05-01 | $389,684 (15.0%) | $551,657 (10.2%) | 0.89 | 1,028 |
| 2022-06-01 | $391,725 (14.8%) | $556,940 (11.6%) | 0.87 | 1,291 |
| 2022-07-01 | $394,900 (17.6%) | $545,029 (8.0%) | 0.89 | 1,743 |
| 2022-08-01 | $395,783 (13.1%) | $554,144 (8.7%) | 0.91 | 1,818 |
| 2022-09-01 | $392,000 (12.9%) | $548,117 (6.1%) | 0.92 | 1,815 |
| 2022-10-01 | $371,260 (6.1%) | $503,247 (-3.4%) | 0.87 | 2,542 |
| 2022-11-01 | $372,400 (4.3%) | $498,532 (-3.9%) | 0.90 | 2,566 |
| 2022-12-01 | $369,900 (1.9%) | $497,534 (-6.5%) | 0.91 | 2,363 |
| 2023-01-01 | $384,900 (4.1%) | $512,182 (-2.6%) | 0.95 | 1,976 |
| 2023-02-01 | $379,925 (1.3%) | $510,048 (-10.3%) | 0.92 | 1,814 |
| 2023-03-01 | $389,675 (3.9%) | $528,670 (-4.3%) | 0.92 | 1,719 |
| 2023-04-01 | $395,000 (3.7%) | $541,809 (-2.3%) | 0.92 | 1,705 |
| 2023-05-01 | $399,400 (2.5%) | $552,510 (0.2%) | 0.91 | 1,699 |
| 2023-06-01 | $393,769 (0.5%) | $543,887 (-2.3%) | 0.88 | 1,751 |
| 2023-07-01 | $388,000 (-1.8%) | $536,841 (-1.5%) | 0.88 | 1,835 |
| 2023-08-01 | $384,725 (-2.8%) | $527,005 (-4.9%) | 0.88 | 1,984 |
| 2023-09-01 | $375,000 (-4.3%) | $518,430 (-5.4%) | 0.87 | 2,127 |
| 2023-10-01 | $372,875 (0.4%) | $515,897 (2.5%) | 0.88 | 2,318 |
| 2023-11-01 | $367,350 (-1.4%) | $513,637 (3.0%) | 0.87 | 2,466 |
| 2023-12-01 | $364,900 (-1.4%) | $510,492 (2.6%) | 0.89 | 2,472 |
| 2024-01-01 | $361,200 (-6.2%) | $512,652 (0.1%) | 0.88 | 2,364 |
| 2024-02-01 | $365,000 (-3.9%) | $516,662 (1.3%) | 0.88 | 2,448 |
| 2024-03-01 | $369,000 (-5.3%) | $522,763 (-1.1%) | 0.87 | 2,570 |
| 2024-04-01 | $370,642 (-6.2%) | $531,987 (-1.8%) | 0.86 | 2,745 |
| 2024-05-01 | $373,975 (-6.4%) | $536,734 (-2.9%) | 0.85 | 2,802 |
| 2024-06-01 | $375,000 (-4.8%) | $530,144 (-2.5%) | 0.85 | 2,921 |
| 2024-07-01 | $375,000 (-3.4%) | $527,370 (-1.8%) | 0.86 | 2,942 |
| 2024-08-01 | $369,000 (-4.1%) | $518,999 (-1.5%) | 0.86 | 2,998 |
| 2024-09-01 | $362,250 (-3.4%) | $513,377 (-1.0%) | 0.85 | 3,106 |
| 2024-10-01 | $364,900 (-2.1%) | $508,857 (-1.4%) | 0.86 | 3,093 |
| 2024-11-01 | $363,242 (-1.1%) | $508,221 (-1.1%) | 0.87 | 3,058 |
| 2024-12-01 | $355,000 (-2.7%) | $494,905 (-3.1%) | 0.88 | 2,910 |
| 2025-01-01 | $355,450 (-1.6%) | $499,073 (-2.7%) | 0.89 | 2,849 |
| 2025-02-01 | $355,000 (-2.7%) | $507,762 (-1.7%) | 0.86 | 2,932 |
| 2025-03-01 | $359,900 (-2.5%) | $512,108 (-2.0%) | 0.85 | 3,039 |
| 2025-04-01 | $365,000 (-1.5%) | $515,893 (-3.0%) | 0.85 | 3,173 |
Pensacola's median listing price comes in at 85% of the national average.
Pensacola's average listing price for 2025-04-01 was $515,893, a difference of $-16,094 (-3.0%) versus the prior year and $3,785 versus the prior month.
For the 2025-04-01 period, Pensacola had 3,173 MLS listings, a difference of 134 listings (4%) versus the prior month and 428 listings (16%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Pensacola (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 82 days | 1,961 sqft |
| 2018-02-01 | 75 days | 1,942 sqft |
| 2018-03-01 | 60 days | 1,983 sqft |
| 2018-04-01 | 59 days | 1,997 sqft |
| 2018-05-01 | 58 days | 2,000 sqft |
| 2018-06-01 | 60 days | 1,978 sqft |
| 2018-07-01 | 66 days | 1,981 sqft |
| 2018-08-01 | 70 days | 1,955 sqft |
| 2018-09-01 | 73 days | 1,950 sqft |
| 2018-10-01 | 75 days | 1,959 sqft |
| 2018-11-01 | 80 days | 1,969 sqft |
| 2018-12-01 | 84 days | 1,950 sqft |
| 2019-01-01 | 87 days | 1,944 sqft |
| 2019-02-01 | 82 days | 1,924 sqft |
| 2019-03-01 | 70 days | 1,954 sqft |
| 2019-04-01 | 55 days | 2,000 sqft |
| 2019-05-01 | 51 days | 2,016 sqft |
| 2019-06-01 | 59 days | 2,009 sqft |
| 2019-07-01 | 63 days | 2,005 sqft |
| 2019-08-01 | 62 days | 2,008 sqft |
| 2019-09-01 | 62 days | 2,008 sqft |
| 2019-10-01 | 60 days | 2,008 sqft |
| 2019-11-01 | 66 days | 2,004 sqft |
| 2019-12-01 | 75 days | 1,969 sqft |
| 2020-01-01 | 77 days | 1,973 sqft |
| 2020-02-01 | 63 days | 1,986 sqft |
| 2020-03-01 | 55 days | 2,026 sqft |
| 2020-04-01 | 58 days | 1,988 sqft |
| 2020-05-01 | 61 days | 1,989 sqft |
| 2020-06-01 | 56 days | 1,991 sqft |
| 2020-07-01 | 45 days | 1,959 sqft |
| 2020-08-01 | 44 days | 1,915 sqft |
| 2020-09-01 | 47 days | 1,904 sqft |
| 2020-10-01 | 48 days | 1,900 sqft |
| 2020-11-01 | 44 days | 1,850 sqft |
| 2020-12-01 | 42 days | 1,859 sqft |
| 2021-01-01 | 44 days | 1,874 sqft |
| 2021-02-01 | 36 days | 1,890 sqft |
| 2021-03-01 | 21 days | 1,979 sqft |
| 2021-04-01 | 19 days | 1,897 sqft |
| 2021-05-01 | 17 days | 1,850 sqft |
| 2021-06-01 | 20 days | 1,850 sqft |
| 2021-07-01 | 23 days | 1,848 sqft |
| 2021-08-01 | 26 days | 1,855 sqft |
| 2021-09-01 | 29 days | 1,855 sqft |
| 2021-10-01 | 32 days | 1,849 sqft |
| 2021-11-01 | 37 days | 1,858 sqft |
| 2021-12-01 | 46 days | 1,913 sqft |
| 2022-01-01 | 45 days | 1,892 sqft |
| 2022-02-01 | 24 days | 1,923 sqft |
| 2022-03-01 | 22 days | 1,897 sqft |
| 2022-04-01 | 18 days | 1,892 sqft |
| 2022-05-01 | 19 days | 1,896 sqft |
| 2022-06-01 | 24 days | 1,885 sqft |
| 2022-07-01 | 29 days | 1,903 sqft |
| 2022-08-01 | 39 days | 1,932 sqft |
| 2022-09-01 | 47 days | 1,939 sqft |
| 2022-10-01 | 53 days | 1,859 sqft |
| 2022-11-01 | 55 days | 1,854 sqft |
| 2022-12-01 | 65 days | 1,873 sqft |
| 2023-01-01 | 73 days | 1,876 sqft |
| 2023-02-01 | 65 days | 1,838 sqft |
| 2023-03-01 | 57 days | 1,852 sqft |
| 2023-04-01 | 52 days | 1,873 sqft |
| 2023-05-01 | 49 days | 1,859 sqft |
| 2023-06-01 | 47 days | 1,831 sqft |
| 2023-07-01 | 51 days | 1,830 sqft |
| 2023-08-01 | 49 days | 1,830 sqft |
| 2023-09-01 | 50 days | 1,818 sqft |
| 2023-10-01 | 54 days | 1,813 sqft |
| 2023-11-01 | 58 days | 1,805 sqft |
| 2023-12-01 | 66 days | 1,787 sqft |
| 2024-01-01 | 78 days | 1,775 sqft |
| 2024-02-01 | 72 days | 1,776 sqft |
| 2024-03-01 | 57 days | 1,773 sqft |
| 2024-04-01 | 57 days | 1,782 sqft |
| 2024-05-01 | 55 days | 1,782 sqft |
| 2024-06-01 | 59 days | 1,787 sqft |
| 2024-07-01 | 66 days | 1,805 sqft |
| 2024-08-01 | 67 days | 1,779 sqft |
| 2024-09-01 | 70 days | 1,783 sqft |
| 2024-10-01 | 74 days | 1,777 sqft |
| 2024-11-01 | 79 days | 1,780 sqft |
| 2024-12-01 | 85 days | 1,771 sqft |
| 2025-01-01 | 88 days | 1,766 sqft |
| 2025-02-01 | 83 days | 1,765 sqft |
| 2025-03-01 | 65 days | 1,766 sqft |
| 2025-04-01 | 62 days | 1,770 sqft |
Pensacola's median square footage for active listings during the 2025-04-01 period was 1,770 sqft. One year prior, the average listing was 1,782 sqft.