Plainview USDA Loan Rates, Closing Costs & Stats
Plainview, TX
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.
Plainview's 3 lenders originated 5 USDA loans during 2023. The total origination value was $565,000, with an average USDA loan value of $113,000.
Plainview USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Plainview
averaged
6.74%
for the week of 2025-02-14, compared to the national average (all USDA variants) of
6.526% for the same period.
Plainview's average USDA mortgage closing costs are $4,213.
The average rate for the prior week (2025-02-07) was
6.5% and
one month ago for the week of 2025-01-10, the
average rate was 6.45%.
The average rate one year ago was 6.64%.
For refis of the same type during the week of 2025-02-14, the average rate
was 6.33%.
Plainview 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 Plainview level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| FLAT BRANCH MORTGAGE, INC. | 3 | 6.96% | $4,782 |
| AMERICAN FINANCIAL NETWORK, INC. | 1 | 7.75% | $7,268 |
| Equity Prime Mortgage LLC | 1 | 6.50% | $7,173 |
The top Plainview USDA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with
3 USDA loans originated. Their average total fees are
$4,782, which is $2,485
lower than the next largest lender,
AMERICAN FINANCIAL NETWORK, INC..
The lowest fee Plainview USDA lenders (with over 10 loans originated) are
.
The lowest rate Plainview USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Plainview (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 | $115,450 (6.0%) | $144,417 (11.8%) | 0.00 | 114 |
| 2018-02-01 | $121,000 (7.8%) | $145,441 (8.8%) | 0.00 | 120 |
| 2018-03-01 | $130,000 (11.6%) | $154,471 (8.2%) | 0.00 | 112 |
| 2018-04-01 | $133,750 (11.6%) | $160,309 (6.4%) | 0.00 | 102 |
| 2018-05-01 | $132,000 (12.3%) | $153,634 (1.0%) | 0.00 | 106 |
| 2018-06-01 | $144,450 (31.3%) | $156,210 (8.7%) | 0.00 | 111 |
| 2018-07-01 | $134,750 (22.5%) | $158,240 (14.8%) | 0.00 | 125 |
| 2018-08-01 | $130,000 (18.2%) | $159,781 (16.3%) | 0.00 | 119 |
| 2018-09-01 | $125,000 (4.4%) | $159,579 (14.6%) | 0.00 | 121 |
| 2018-10-01 | $119,950 (-2.1%) | $160,157 (10.5%) | 0.00 | 117 |
| 2018-11-01 | $120,000 (4.0%) | $157,462 (7.7%) | 0.00 | 126 |
| 2018-12-01 | $124,500 (8.0%) | $158,956 (7.7%) | 0.00 | 120 |
| 2019-01-01 | $115,725 (0.2%) | $154,559 (7.0%) | 0.00 | 112 |
| 2019-02-01 | $119,425 (-1.3%) | $157,945 (8.6%) | 0.00 | 109 |
| 2019-03-01 | $125,143 (-3.7%) | $163,038 (5.6%) | 0.00 | 107 |
| 2019-04-01 | $131,143 (-2.0%) | $163,956 (2.3%) | 0.00 | 108 |
| 2019-05-01 | $128,250 (-2.8%) | $161,738 (5.3%) | 0.00 | 102 |
| 2019-06-01 | $129,950 (-10.0%) | $162,080 (3.8%) | 0.00 | 97 |
| 2019-07-01 | $127,875 (-5.1%) | $149,513 (-5.5%) | 0.00 | 114 |
| 2019-08-01 | $126,427 (-2.8%) | $150,007 (-6.1%) | 0.00 | 109 |
| 2019-09-01 | $125,568 (0.5%) | $151,990 (-4.8%) | 0.00 | 104 |
| 2019-10-01 | $122,450 (2.1%) | $152,996 (-4.5%) | 0.00 | 100 |
| 2019-11-01 | $119,950 (0.0%) | $149,943 (-4.8%) | 0.00 | 106 |
| 2019-12-01 | $128,475 (3.2%) | $155,134 (-2.4%) | 0.00 | 103 |
| 2020-01-01 | $128,475 (11.0%) | $150,295 (-2.8%) | 0.00 | 96 |
| 2020-02-01 | $124,900 (4.6%) | $152,361 (-3.5%) | 0.00 | 83 |
| 2020-03-01 | $133,875 (7.0%) | $171,592 (5.3%) | 0.00 | 79 |
| 2020-04-01 | $124,650 (-5.0%) | $180,346 (10.0%) | 0.00 | 75 |
| 2020-05-01 | $139,000 (8.4%) | $194,120 (20.0%) | 0.00 | 68 |
| 2020-06-01 | $140,550 (8.2%) | $190,242 (17.4%) | 0.00 | 68 |
| 2020-07-01 | $133,475 (4.4%) | $174,314 (16.6%) | 0.00 | 63 |
| 2020-08-01 | $132,200 (4.6%) | $174,556 (16.4%) | 0.00 | 72 |
| 2020-09-01 | $136,750 (8.9%) | $175,408 (15.4%) | 0.00 | 66 |
| 2020-10-01 | $135,500 (10.7%) | $175,284 (14.6%) | 0.00 | 56 |
| 2020-11-01 | $138,825 (15.7%) | $188,933 (26.0%) | 0.00 | 43 |
| 2020-12-01 | $141,225 (9.9%) | $195,477 (26.0%) | 0.00 | 47 |
| 2021-01-01 | $133,750 (4.1%) | $178,063 (18.5%) | 0.00 | 45 |
| 2021-02-01 | $132,350 (6.0%) | $186,445 (22.4%) | 0.00 | 37 |
| 2021-03-01 | $113,975 (-14.9%) | $187,032 (9.0%) | 0.00 | 31 |
| 2021-04-01 | $112,475 (-9.8%) | $185,017 (2.6%) | 0.00 | 34 |
| 2021-05-01 | $109,750 (-21.0%) | $233,363 (20.2%) | 0.00 | 26 |
| 2021-06-01 | $177,375 (26.2%) | $236,337 (24.2%) | 0.00 | 26 |
| 2021-07-01 | $139,750 (4.7%) | $237,411 (36.2%) | 0.00 | 22 |
| 2021-08-01 | $132,500 (0.2%) | $179,672 (2.9%) | 0.00 | 38 |
| 2021-09-01 | $133,625 (-2.3%) | $190,053 (8.4%) | 0.00 | 38 |
| 2021-10-01 | $112,500 (-17.0%) | $194,446 (10.9%) | 0.00 | 29 |
| 2021-11-01 | $124,975 (-10.0%) | $213,565 (13.0%) | 0.00 | 28 |
| 2021-12-01 | $153,725 (8.9%) | $229,233 (17.3%) | 0.00 | 31 |
| 2022-01-01 | $132,450 (-1.0%) | $210,605 (18.3%) | 0.00 | 30 |
| 2022-02-01 | $132,450 (0.1%) | $205,049 (10.0%) | 0.00 | 33 |
| 2022-03-01 | $104,350 (-8.4%) | $217,453 (16.3%) | 0.00 | 24 |
| 2022-04-01 | $150,000 (33.4%) | $227,017 (22.7%) | 0.00 | 25 |
| 2022-05-01 | $145,850 (32.9%) | $216,964 (-7.0%) | 0.00 | 31 |
| 2022-06-01 | $134,125 (-24.4%) | $206,958 (-12.4%) | 0.00 | 32 |
| 2022-07-01 | $149,250 (6.8%) | $185,557 (-21.8%) | 0.00 | 40 |
| 2022-08-01 | $123,000 (-7.2%) | $180,400 (0.4%) | 0.00 | 36 |
| 2022-09-01 | $112,500 (-15.8%) | $173,759 (-8.6%) | 0.00 | 39 |
| 2022-10-01 | $125,750 (11.8%) | $196,925 (1.3%) | 0.00 | 44 |
| 2022-11-01 | $133,621 (6.9%) | $203,915 (-4.5%) | 0.00 | 42 |
| 2022-12-01 | $147,000 (-4.4%) | $210,439 (-8.2%) | 0.00 | 43 |
| 2023-01-01 | $143,000 (8.0%) | $187,723 (-10.9%) | 0.00 | 48 |
| 2023-02-01 | $147,375 (11.3%) | $202,334 (-1.3%) | 0.00 | 49 |
| 2023-03-01 | $159,950 (53.3%) | $210,692 (-3.1%) | 0.00 | 48 |
| 2023-04-01 | $159,900 (6.6%) | $239,082 (5.3%) | 0.00 | 47 |
| 2023-05-01 | $173,000 (18.6%) | $241,945 (11.5%) | 0.00 | 60 |
| 2023-06-01 | $163,700 (22.1%) | $223,261 (7.9%) | 0.00 | 72 |
| 2023-07-01 | $167,000 (11.9%) | $223,824 (20.6%) | 0.00 | 77 |
| 2023-08-01 | $166,000 (35.0%) | $216,283 (19.9%) | 0.00 | 97 |
| 2023-09-01 | $162,500 (44.4%) | $223,902 (28.9%) | 0.00 | 97 |
| 2023-10-01 | $165,000 (31.2%) | $228,614 (16.1%) | 0.00 | 94 |
| 2023-11-01 | $175,000 (31.0%) | $254,013 (24.6%) | 0.00 | 98 |
| 2023-12-01 | $180,000 (22.5%) | $252,377 (19.9%) | 0.00 | 97 |
| 2024-01-01 | $183,188 (28.1%) | $258,282 (37.6%) | 0.00 | 90 |
| 2024-02-01 | $168,825 (14.6%) | $250,136 (23.6%) | 0.00 | 88 |
| 2024-03-01 | $174,950 (9.4%) | $241,170 (14.5%) | 0.00 | 99 |
| 2024-04-01 | $192,463 (20.4%) | $255,052 (6.7%) | 0.00 | 89 |
| 2024-05-01 | $205,000 (18.5%) | $265,869 (9.9%) | 0.00 | 84 |
| 2024-06-01 | $201,633 (23.2%) | $267,363 (19.8%) | 0.00 | 93 |
| 2024-07-01 | $194,838 (16.7%) | $251,723 (12.5%) | 0.00 | 108 |
| 2024-08-01 | $196,800 (18.6%) | $252,481 (16.7%) | 0.00 | 115 |
| 2024-09-01 | $188,663 (16.1%) | $238,822 (6.7%) | 0.00 | 106 |
| 2024-10-01 | $177,450 (7.6%) | $229,177 (0.3%) | 0.00 | 111 |
| 2024-11-01 | $173,950 (-0.6%) | $223,402 (-12.1%) | 0.00 | 105 |
| 2024-12-01 | $166,500 (-7.5%) | $216,756 (-14.1%) | 0.00 | 110 |
| 2025-01-01 | $167,250 (-8.7%) | $216,673 (-16.1%) | 0.00 | 114 |
Plainview's median listing price comes in at 0% of the national average.
Plainview's average listing price for 2025-01-01 was $216,673, a difference of $-41,609 (-16.1%) versus the prior year and $-83 versus the prior month.
For the 2025-01-01 period, Plainview had 114 MLS listings, a difference of 4 listings (4%) versus the prior month and 24 listings (27%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Plainview (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,807 sqft |
| 2018-02-01 | 0 days | 1,857 sqft |
| 2018-03-01 | 0 days | 1,954 sqft |
| 2018-04-01 | 0 days | 2,002 sqft |
| 2018-05-01 | 0 days | 1,997 sqft |
| 2018-06-01 | 0 days | 2,022 sqft |
| 2018-07-01 | 0 days | 2,001 sqft |
| 2018-08-01 | 0 days | 1,986 sqft |
| 2018-09-01 | 0 days | 1,959 sqft |
| 2018-10-01 | 0 days | 1,928 sqft |
| 2018-11-01 | 0 days | 1,943 sqft |
| 2018-12-01 | 0 days | 1,935 sqft |
| 2019-01-01 | 0 days | 1,936 sqft |
| 2019-02-01 | 0 days | 1,954 sqft |
| 2019-03-01 | 0 days | 1,977 sqft |
| 2019-04-01 | 0 days | 1,985 sqft |
| 2019-05-01 | 0 days | 1,960 sqft |
| 2019-06-01 | 0 days | 1,919 sqft |
| 2019-07-01 | 0 days | 1,899 sqft |
| 2019-08-01 | 0 days | 1,916 sqft |
| 2019-09-01 | 0 days | 1,943 sqft |
| 2019-10-01 | 0 days | 1,959 sqft |
| 2019-11-01 | 0 days | 1,921 sqft |
| 2019-12-01 | 0 days | 1,922 sqft |
| 2020-01-01 | 0 days | 1,941 sqft |
| 2020-02-01 | 0 days | 1,905 sqft |
| 2020-03-01 | 0 days | 1,971 sqft |
| 2020-04-01 | 0 days | 2,012 sqft |
| 2020-05-01 | 0 days | 2,091 sqft |
| 2020-06-01 | 0 days | 2,066 sqft |
| 2020-07-01 | 0 days | 2,046 sqft |
| 2020-08-01 | 0 days | 2,155 sqft |
| 2020-09-01 | 0 days | 2,144 sqft |
| 2020-10-01 | 0 days | 2,080 sqft |
| 2020-11-01 | 0 days | 1,940 sqft |
| 2020-12-01 | 0 days | 2,053 sqft |
| 2021-01-01 | 0 days | 1,990 sqft |
| 2021-02-01 | 0 days | 1,956 sqft |
| 2021-03-01 | 0 days | 2,012 sqft |
| 2021-04-01 | 0 days | 1,947 sqft |
| 2021-05-01 | 0 days | 1,639 sqft |
| 2021-06-01 | 0 days | 2,154 sqft |
| 2021-07-01 | 0 days | 1,744 sqft |
| 2021-08-01 | 0 days | 1,633 sqft |
| 2021-09-01 | 0 days | 1,742 sqft |
| 2021-10-01 | 0 days | 1,576 sqft |
| 2021-11-01 | 0 days | 1,631 sqft |
| 2021-12-01 | 0 days | 1,632 sqft |
| 2022-01-01 | 0 days | 1,631 sqft |
| 2022-02-01 | 0 days | 1,794 sqft |
| 2022-03-01 | 0 days | 1,666 sqft |
| 2022-04-01 | 0 days | 1,840 sqft |
| 2022-05-01 | 0 days | 1,938 sqft |
| 2022-06-01 | 0 days | 1,803 sqft |
| 2022-07-01 | 0 days | 1,902 sqft |
| 2022-08-01 | 0 days | 1,858 sqft |
| 2022-09-01 | 0 days | 1,801 sqft |
| 2022-10-01 | 0 days | 1,738 sqft |
| 2022-11-01 | 0 days | 1,747 sqft |
| 2022-12-01 | 0 days | 1,740 sqft |
| 2023-01-01 | 0 days | 1,669 sqft |
| 2023-02-01 | 0 days | 1,740 sqft |
| 2023-03-01 | 0 days | 1,865 sqft |
| 2023-04-01 | 0 days | 1,928 sqft |
| 2023-05-01 | 0 days | 1,813 sqft |
| 2023-06-01 | 0 days | 1,753 sqft |
| 2023-07-01 | 0 days | 1,889 sqft |
| 2023-08-01 | 0 days | 1,917 sqft |
| 2023-09-01 | 0 days | 1,868 sqft |
| 2023-10-01 | 0 days | 1,891 sqft |
| 2023-11-01 | 0 days | 1,826 sqft |
| 2023-12-01 | 0 days | 1,903 sqft |
| 2024-01-01 | 0 days | 1,917 sqft |
| 2024-02-01 | 0 days | 1,828 sqft |
| 2024-03-01 | 0 days | 1,895 sqft |
| 2024-04-01 | 0 days | 1,939 sqft |
| 2024-05-01 | 0 days | 2,009 sqft |
| 2024-06-01 | 0 days | 1,978 sqft |
| 2024-07-01 | 0 days | 1,955 sqft |
| 2024-08-01 | 0 days | 2,008 sqft |
| 2024-09-01 | 0 days | 1,959 sqft |
| 2024-10-01 | 0 days | 1,958 sqft |
| 2024-11-01 | 0 days | 1,941 sqft |
| 2024-12-01 | 0 days | 1,841 sqft |
| 2025-01-01 | 0 days | 1,892 sqft |
Plainview's median square footage for active listings during the 2025-01-01 period was 1,892 sqft. One year prior, the average listing was 1,917 sqft.