Port Angeles USDA Loan Rates, Closing Costs & Stats

Port Angeles, WA

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.

Port Angeles's 4 lenders originated 9 USDA loans during 2023. The total origination value was $2,835,000, with an average USDA loan value of $315,000.

Port Angeles USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Port Angeles averaged 6.7% for the week of 2024-04-12, compared to the national average (all USDA variants) of 6.705% for the same period.

Port Angeles's average USDA mortgage closing costs are $6,823.

The average rate for the prior week (2024-04-05) was 6.52% and one month ago for the week of 2024-03-08, the average rate was 6.88%.

The average rate one year ago was 6.29%.

For refis of the same type during the week of 2024-04-12, the average rate was 6.71%.

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

Port Angeles 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 Port Angeles level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 4 6.03% $14,726
CARDINAL FINANCIAL 2 6.50% $9,320
CROSSCOUNTRY MORTGAGE, LLC 2 6.56% $9,447
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 6.25% $9,791

The top Port Angeles USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 4 USDA loans originated. Their average total fees are $14,726, which is $5,406 higher than the next largest lender, CARDINAL FINANCIAL.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Port Angeles (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 $312,450 (4.4%) $369,585 (-4.3%) 0.00 285
2018-02-01 $321,750 (3.5%) $368,648 (-5.5%) 0.00 273
2018-03-01 $345,000 (13.3%) $413,117 (8.5%) 0.00 176
2018-04-01 $377,500 (22.6%) $437,171 (12.3%) 0.00 187
2018-05-01 $394,975 (20.0%) $464,684 (14.9%) 0.00 207
2018-06-01 $400,000 (22.5%) $483,830 (20.1%) 0.00 233
2018-07-01 $399,000 (22.8%) $475,292 (20.7%) 0.00 271
2018-08-01 $392,238 (26.5%) $466,229 (18.7%) 0.00 308
2018-09-01 $379,000 (22.3%) $453,647 (14.8%) 0.00 325
2018-10-01 $384,500 (27.2%) $441,458 (14.8%) 0.00 319
2018-11-01 $383,725 (28.7%) $445,532 (18.4%) 0.00 296
2018-12-01 $385,000 (24.6%) $439,475 (15.7%) 0.00 273
2019-01-01 $389,250 (24.6%) $438,014 (18.5%) 0.00 233
2019-02-01 $382,225 (18.8%) $448,179 (21.6%) 0.00 213
2019-03-01 $397,100 (15.1%) $460,532 (11.5%) 0.00 225
2019-04-01 $409,950 (8.6%) $474,704 (8.6%) 0.00 244
2019-05-01 $418,488 (6.0%) $476,950 (2.6%) 0.00 268
2019-06-01 $429,000 (7.3%) $484,913 (0.2%) 0.00 288
2019-07-01 $429,000 (7.5%) $489,363 (3.0%) 0.00 305
2019-08-01 $427,909 (9.1%) $491,029 (5.3%) 0.00 308
2019-09-01 $426,273 (12.5%) $491,745 (8.4%) 0.00 309
2019-10-01 $422,000 (9.8%) $492,039 (11.5%) 0.00 309
2019-11-01 $429,000 (11.8%) $508,052 (14.0%) 0.00 261
2019-12-01 $429,975 (11.7%) $522,888 (19.0%) 0.00 211
2020-01-01 $425,988 (9.4%) $513,513 (17.2%) 0.00 198
2020-02-01 $419,950 (9.9%) $503,050 (12.2%) 0.00 183
2020-03-01 $418,988 (5.5%) $502,468 (9.1%) 0.00 201
2020-04-01 $406,500 (-0.8%) $499,484 (5.2%) 0.00 222
2020-05-01 $425,000 (1.6%) $521,051 (9.3%) 0.00 211
2020-06-01 $449,500 (4.8%) $537,515 (10.9%) 0.00 210
2020-07-01 $435,950 (1.6%) $536,252 (9.6%) 0.00 209
2020-08-01 $427,000 (-0.2%) $534,637 (8.9%) 0.00 213
2020-09-01 $421,675 (-1.1%) $606,450 (23.3%) 0.00 188
2020-10-01 $415,000 (-1.7%) $619,398 (25.9%) 0.00 156
2020-11-01 $427,000 (-0.5%) $610,267 (20.1%) 0.00 113
2020-12-01 $414,500 (-3.6%) $624,757 (19.5%) 0.00 80
2021-01-01 $410,000 (-3.8%) $619,408 (20.6%) 0.00 69
2021-02-01 $449,975 (7.2%) $608,886 (21.0%) 0.00 62
2021-03-01 $474,488 (13.3%) $615,614 (22.5%) 0.00 59
2021-04-01 $509,688 (25.4%) $626,547 (25.4%) 0.00 62
2021-05-01 $499,975 (17.6%) $607,484 (16.6%) 0.00 70
2021-06-01 $518,500 (15.4%) $619,941 (15.3%) 0.00 104
2021-07-01 $499,900 (14.7%) $629,722 (17.4%) 0.00 126
2021-08-01 $525,000 (23.0%) $656,485 (22.8%) 0.00 139
2021-09-01 $565,000 (34.0%) $671,996 (10.8%) 0.00 141
2021-10-01 $575,000 (38.6%) $676,785 (9.3%) 0.00 123
2021-11-01 $561,250 (31.4%) $702,649 (15.1%) 0.00 95
2021-12-01 $618,250 (49.2%) $744,293 (19.1%) 0.00 77
2022-01-01 $625,000 (52.4%) $740,670 (19.6%) 0.00 62
2022-02-01 $632,200 (40.5%) $747,807 (22.8%) 0.00 78
2022-03-01 $598,375 (26.1%) $767,040 (24.6%) 0.00 79
2022-04-01 $625,000 (22.6%) $774,119 (23.6%) 0.00 87
2022-05-01 $625,000 (25.0%) $757,980 (24.8%) 0.00 125
2022-06-01 $631,750 (21.8%) $767,483 (23.8%) 0.00 150
2022-07-01 $599,000 (19.8%) $725,133 (15.2%) 0.00 196
2022-08-01 $599,000 (14.1%) $691,844 (5.4%) 0.00 209
2022-09-01 $595,500 (5.4%) $687,666 (2.3%) 0.00 210
2022-10-01 $599,000 (4.2%) $683,282 (1.0%) 0.00 215
2022-11-01 $575,000 (2.5%) $672,137 (-4.3%) 0.00 198
2022-12-01 $579,000 (-6.4%) $697,629 (-6.3%) 0.00 168
2023-01-01 $586,625 (-6.1%) $712,514 (-3.8%) 0.00 149
2023-02-01 $599,388 (-5.2%) $724,512 (-3.1%) 0.00 130
2023-03-01 $571,500 (-4.5%) $707,677 (-7.7%) 0.00 114
2023-04-01 $599,000 (-4.2%) $735,479 (-5.0%) 0.00 131
2023-05-01 $635,000 (1.6%) $763,679 (0.8%) 0.00 154
2023-06-01 $663,738 (5.1%) $788,725 (2.8%) 0.00 171
2023-07-01 $650,000 (8.5%) $789,006 (8.8%) 0.00 183
2023-08-01 $652,213 (8.9%) $797,571 (15.3%) 0.00 178
2023-09-01 $637,450 (7.0%) $775,853 (12.8%) 0.00 196
2023-10-01 $629,750 (5.1%) $773,140 (13.2%) 0.00 186
2023-11-01 $613,750 (6.7%) $767,421 (14.2%) 0.00 177
2023-12-01 $585,000 (1.0%) $737,680 (5.7%) 0.00 165
2024-01-01 $595,700 (1.6%) $761,104 (6.8%) 0.00 141
2024-02-01 $582,475 (-2.8%) $727,196 (0.4%) 0.00 130
2024-03-01 $596,500 (4.4%) $718,540 (1.5%) 0.00 127
Port Angeles's median listing price for 2024-03-01 was $596,500, a difference of $25,000 (4.4%) versus the prior year and $14,025 versus the prior month.

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

Port Angeles's average listing price for 2024-03-01 was $718,540, a difference of $10,863 (1.5%) versus the prior year and $-8,656 versus the prior month.

For the 2024-03-01 period, Port Angeles had 127 MLS listings, a difference of -3 listings (-2%) versus the prior month and 13 listings (11%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Port Angeles (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,799 sqft
2018-02-01 0 days 1,808 sqft
2018-03-01 0 days 1,923 sqft
2018-04-01 0 days 2,012 sqft
2018-05-01 0 days 1,957 sqft
2018-06-01 0 days 1,995 sqft
2018-07-01 0 days 2,019 sqft
2018-08-01 0 days 1,989 sqft
2018-09-01 0 days 1,962 sqft
2018-10-01 0 days 1,939 sqft
2018-11-01 0 days 1,969 sqft
2018-12-01 0 days 1,968 sqft
2019-01-01 0 days 1,974 sqft
2019-02-01 0 days 1,948 sqft
2019-03-01 0 days 1,968 sqft
2019-04-01 0 days 1,956 sqft
2019-05-01 0 days 1,965 sqft
2019-06-01 0 days 1,988 sqft
2019-07-01 0 days 2,006 sqft
2019-08-01 0 days 2,003 sqft
2019-09-01 0 days 1,995 sqft
2019-10-01 0 days 2,010 sqft
2019-11-01 0 days 2,038 sqft
2019-12-01 0 days 2,048 sqft
2020-01-01 0 days 2,047 sqft
2020-02-01 0 days 2,042 sqft
2020-03-01 0 days 1,955 sqft
2020-04-01 0 days 1,956 sqft
2020-05-01 0 days 2,001 sqft
2020-06-01 0 days 2,039 sqft
2020-07-01 0 days 2,029 sqft
2020-08-01 0 days 2,001 sqft
2020-09-01 0 days 1,951 sqft
2020-10-01 0 days 1,950 sqft
2020-11-01 0 days 1,835 sqft
2020-12-01 0 days 1,786 sqft
2021-01-01 0 days 1,707 sqft
2021-02-01 0 days 1,721 sqft
2021-03-01 0 days 1,744 sqft
2021-04-01 0 days 1,886 sqft
2021-05-01 0 days 2,059 sqft
2021-06-01 0 days 1,912 sqft
2021-07-01 0 days 1,880 sqft
2021-08-01 0 days 1,932 sqft
2021-09-01 0 days 2,009 sqft
2021-10-01 0 days 1,955 sqft
2021-11-01 0 days 1,973 sqft
2021-12-01 0 days 2,019 sqft
2022-01-01 0 days 1,940 sqft
2022-02-01 0 days 1,910 sqft
2022-03-01 0 days 1,844 sqft
2022-04-01 0 days 1,980 sqft
2022-05-01 0 days 2,015 sqft
2022-06-01 0 days 2,033 sqft
2022-07-01 0 days 1,984 sqft
2022-08-01 0 days 1,938 sqft
2022-09-01 0 days 1,890 sqft
2022-10-01 0 days 1,905 sqft
2022-11-01 0 days 1,877 sqft
2022-12-01 0 days 1,928 sqft
2023-01-01 0 days 1,986 sqft
2023-02-01 0 days 1,997 sqft
2023-03-01 0 days 1,889 sqft
2023-04-01 0 days 1,904 sqft
2023-05-01 0 days 2,040 sqft
2023-06-01 0 days 2,067 sqft
2023-07-01 0 days 2,083 sqft
2023-08-01 0 days 2,105 sqft
2023-09-01 0 days 2,147 sqft
2023-10-01 0 days 2,164 sqft
2023-11-01 0 days 2,143 sqft
2023-12-01 0 days 2,129 sqft
2024-01-01 0 days 2,129 sqft
2024-02-01 0 days 2,061 sqft
2024-03-01 0 days 2,000 sqft
Port Angeles's median listing age (time on market) for 2024-03-01 was 0 days.

Port Angeles's median square footage for active listings during the 2024-03-01 period was 2,000 sqft. One year prior, the average listing was 1,889 sqft.