Port Lavaca USDA Loan Rates, Closing Costs & Stats

Port Lavaca, 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.

Port Lavaca's 2 lenders originated 2 USDA loans during 2023. The total origination value was $300,000, with an average USDA loan value of $150,000.

Port Lavaca USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Port Lavaca averaged 0.34% for the week of 2024-11-29, compared to the national average (all USDA variants) of 0% for the same period.

Port Lavaca's average USDA mortgage closing costs are $4,845.

The average rate for the prior week (2024-11-22) was 6.75% and one month ago for the week of 2024-10-25, the average rate was 6.45%.

The average rate one year ago was 7.45%.

For refis of the same type during the week of 2024-11-29, the average rate was 0.2%.

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

Port Lavaca 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 Lavaca level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
CALCON MUTUAL MORTGAGE LLC 1 6.13% $9,725
Wallick & Volk, Inc. 1 7.13% $1,990

The top Port Lavaca USDA lender as defined by loan originations is CALCON MUTUAL MORTGAGE LLC, with 1 USDA loans originated. Their average total fees are $9,725, which is $7,734 higher than the next largest lender, Wallick & Volk, Inc..

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Port Lavaca (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 $228,900 (9.9%) $305,282 (-2.4%) 0.00 138
2018-02-01 $244,650 (13.8%) $326,422 (1.1%) 0.00 133
2018-03-01 $249,000 (19.6%) $344,332 (9.8%) 0.00 136
2018-04-01 $254,988 (16.0%) $344,752 (9.3%) 0.00 145
2018-05-01 $253,000 (12.4%) $338,534 (8.6%) 0.00 160
2018-06-01 $257,450 (14.4%) $345,837 (11.4%) 0.00 183
2018-07-01 $259,450 (18.0%) $365,161 (17.5%) 0.00 182
2018-08-01 $273,450 (29.0%) $377,630 (27.0%) 0.00 172
2018-09-01 $274,950 (37.7%) $359,206 (26.5%) 0.00 165
2018-10-01 $274,500 (40.5%) $360,695 (34.9%) 0.00 161
2018-11-01 $278,225 (28.7%) $356,341 (27.4%) 0.00 154
2018-12-01 $262,400 (16.6%) $331,003 (15.0%) 0.00 154
2019-01-01 $260,000 (13.6%) $329,184 (7.8%) 0.00 143
2019-02-01 $260,000 (6.3%) $329,274 (0.9%) 0.00 148
2019-03-01 $263,857 (6.0%) $327,487 (-4.9%) 0.00 144
2019-04-01 $269,450 (5.7%) $330,029 (-4.3%) 0.00 142
2019-05-01 $257,000 (1.6%) $324,008 (-4.3%) 0.00 145
2019-06-01 $254,000 (-1.3%) $332,031 (-4.0%) 0.00 144
2019-07-01 $249,900 (-3.7%) $324,876 (-11.0%) 0.00 147
2019-08-01 $249,077 (-8.9%) $332,185 (-12.0%) 0.00 144
2019-09-01 $243,943 (-11.3%) $327,575 (-8.8%) 0.00 141
2019-10-01 $239,950 (-12.6%) $323,300 (-10.4%) 0.00 138
2019-11-01 $249,700 (-10.3%) $324,807 (-8.9%) 0.00 138
2019-12-01 $236,975 (-9.7%) $318,615 (-3.7%) 0.00 133
2020-01-01 $230,000 (-11.5%) $310,358 (-5.7%) 0.00 124
2020-02-01 $244,450 (-6.0%) $346,672 (5.3%) 0.00 112
2020-03-01 $257,950 (-2.2%) $357,579 (9.2%) 0.00 120
2020-04-01 $270,725 (0.5%) $361,911 (9.7%) 0.00 119
2020-05-01 $269,900 (5.0%) $367,354 (13.4%) 0.00 116
2020-06-01 $251,250 (-1.1%) $358,619 (8.0%) 0.00 114
2020-07-01 $251,250 (0.5%) $405,260 (24.7%) 0.00 109
2020-08-01 $249,900 (0.3%) $394,063 (18.6%) 0.00 97
2020-09-01 $249,950 (2.5%) $413,222 (26.2%) 0.00 87
2020-10-01 $262,500 (9.4%) $407,386 (26.0%) 0.00 82
2020-11-01 $261,250 (4.6%) $425,137 (30.9%) 0.00 82
2020-12-01 $249,000 (5.1%) $402,257 (26.3%) 0.00 83
2021-01-01 $249,950 (8.7%) $423,796 (36.6%) 0.00 77
2021-02-01 $245,000 (0.2%) $418,483 (20.7%) 0.00 71
2021-03-01 $279,750 (8.5%) $454,208 (27.0%) 0.00 69
2021-04-01 $253,750 (-6.3%) $427,033 (18.0%) 0.00 65
2021-05-01 $274,900 (1.9%) $423,269 (15.2%) 0.00 65
2021-06-01 $283,600 (12.9%) $463,951 (29.4%) 0.00 65
2021-07-01 $292,450 (16.4%) $389,617 (-3.9%) 0.00 57
2021-08-01 $286,175 (14.5%) $354,719 (-10.0%) 0.00 56
2021-09-01 $287,000 (14.8%) $359,836 (-12.9%) 0.00 64
2021-10-01 $280,500 (6.9%) $346,663 (-14.9%) 0.00 67
2021-11-01 $251,200 (-3.9%) $329,559 (-22.5%) 0.00 65
2021-12-01 $236,225 (-5.1%) $313,247 (-22.1%) 0.00 68
2022-01-01 $257,450 (3.0%) $312,536 (-26.3%) 0.00 61
2022-02-01 $229,000 (-6.5%) $270,238 (-35.4%) 0.00 53
2022-03-01 $250,750 (-10.4%) $330,159 (-27.3%) 0.00 56
2022-04-01 $294,450 (16.0%) $365,639 (-14.4%) 0.00 58
2022-05-01 $289,000 (5.1%) $360,649 (-14.8%) 0.00 57
2022-06-01 $290,500 (2.4%) $354,613 (-23.6%) 0.00 61
2022-07-01 $319,000 (9.1%) $422,905 (8.5%) 0.00 69
2022-08-01 $312,000 (9.0%) $415,591 (17.2%) 0.00 70
2022-09-01 $277,450 (-3.3%) $403,661 (12.2%) 0.00 86
2022-10-01 $298,500 (6.4%) $423,272 (22.1%) 0.00 81
2022-11-01 $327,000 (30.2%) $453,790 (37.7%) 0.00 79
2022-12-01 $317,000 (34.2%) $450,582 (43.8%) 0.00 80
2023-01-01 $308,750 (19.9%) $450,499 (44.1%) 0.00 82
2023-02-01 $299,000 (30.6%) $433,191 (60.3%) 0.00 82
2023-03-01 $307,500 (22.6%) $430,712 (30.5%) 0.00 83
2023-04-01 $299,000 (1.6%) $402,131 (10.0%) 0.00 93
2023-05-01 $304,975 (5.5%) $415,212 (15.1%) 0.00 96
2023-06-01 $335,000 (15.3%) $445,707 (25.7%) 0.00 95
2023-07-01 $327,000 (2.5%) $419,957 (-0.7%) 0.00 103
2023-08-01 $317,250 (1.7%) $403,842 (-2.8%) 0.00 102
2023-09-01 $322,000 (16.1%) $396,774 (-1.7%) 0.00 115
2023-10-01 $316,000 (5.9%) $412,719 (-2.5%) 0.00 116
2023-11-01 $325,250 (-0.5%) $433,704 (-4.4%) 0.00 115
2023-12-01 $325,000 (2.5%) $428,319 (-4.9%) 0.00 103
2024-01-01 $313,500 (1.5%) $419,206 (-7.0%) 0.00 110
2024-02-01 $311,475 (4.2%) $415,522 (-4.1%) 0.00 109
2024-03-01 $339,500 (10.4%) $443,015 (2.9%) 0.00 114
2024-04-01 $346,450 (15.9%) $438,929 (9.2%) 0.00 136
2024-05-01 $357,000 (17.1%) $425,503 (2.5%) 0.00 155
2024-06-01 $340,000 (1.5%) $413,891 (-7.1%) 0.00 158
2024-07-01 $367,375 (12.4%) $432,429 (3.0%) 0.00 162
2024-08-01 $353,725 (11.5%) $426,504 (5.6%) 0.00 151
2024-09-01 $357,425 (11.0%) $458,461 (15.6%) 0.00 151
2024-10-01 $349,950 (10.7%) $444,648 (7.7%) 0.00 155
Port Lavaca's median listing price for 2024-10-01 was $349,950, a difference of $33,950 (10.7%) versus the prior year and $-7,475 versus the prior month.

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

Port Lavaca's average listing price for 2024-10-01 was $444,648, a difference of $31,929 (7.7%) versus the prior year and $-13,813 versus the prior month.

For the 2024-10-01 period, Port Lavaca had 155 MLS listings, a difference of 4 listings (3%) versus the prior month and 39 listings (34%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Port Lavaca (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,601 sqft
2018-02-01 0 days 1,679 sqft
2018-03-01 0 days 1,736 sqft
2018-04-01 0 days 1,768 sqft
2018-05-01 0 days 1,718 sqft
2018-06-01 0 days 1,793 sqft
2018-07-01 0 days 1,785 sqft
2018-08-01 0 days 1,795 sqft
2018-09-01 0 days 1,800 sqft
2018-10-01 0 days 1,793 sqft
2018-11-01 0 days 1,807 sqft
2018-12-01 0 days 1,700 sqft
2019-01-01 0 days 1,699 sqft
2019-02-01 0 days 1,697 sqft
2019-03-01 0 days 1,672 sqft
2019-04-01 0 days 1,644 sqft
2019-05-01 0 days 1,621 sqft
2019-06-01 0 days 1,583 sqft
2019-07-01 0 days 1,577 sqft
2019-08-01 0 days 1,576 sqft
2019-09-01 0 days 1,563 sqft
2019-10-01 0 days 1,534 sqft
2019-11-01 0 days 1,565 sqft
2019-12-01 0 days 1,543 sqft
2020-01-01 0 days 1,549 sqft
2020-02-01 0 days 1,620 sqft
2020-03-01 0 days 1,780 sqft
2020-04-01 0 days 1,796 sqft
2020-05-01 0 days 1,854 sqft
2020-06-01 0 days 1,800 sqft
2020-07-01 0 days 1,773 sqft
2020-08-01 0 days 1,800 sqft
2020-09-01 0 days 1,729 sqft
2020-10-01 0 days 1,649 sqft
2020-11-01 0 days 1,667 sqft
2020-12-01 0 days 1,639 sqft
2021-01-01 0 days 1,792 sqft
2021-02-01 0 days 1,796 sqft
2021-03-01 0 days 1,722 sqft
2021-04-01 0 days 1,496 sqft
2021-05-01 0 days 1,600 sqft
2021-06-01 0 days 1,787 sqft
2021-07-01 0 days 1,712 sqft
2021-08-01 0 days 1,737 sqft
2021-09-01 0 days 1,593 sqft
2021-10-01 0 days 1,600 sqft
2021-11-01 0 days 1,438 sqft
2021-12-01 0 days 1,453 sqft
2022-01-01 0 days 1,528 sqft
2022-02-01 0 days 1,581 sqft
2022-03-01 0 days 1,631 sqft
2022-04-01 0 days 1,628 sqft
2022-05-01 0 days 1,748 sqft
2022-06-01 0 days 1,714 sqft
2022-07-01 0 days 1,620 sqft
2022-08-01 0 days 1,631 sqft
2022-09-01 0 days 1,611 sqft
2022-10-01 0 days 1,616 sqft
2022-11-01 0 days 1,630 sqft
2022-12-01 0 days 1,690 sqft
2023-01-01 0 days 1,728 sqft
2023-02-01 0 days 1,718 sqft
2023-03-01 0 days 1,740 sqft
2023-04-01 0 days 1,642 sqft
2023-05-01 0 days 1,633 sqft
2023-06-01 0 days 1,688 sqft
2023-07-01 0 days 1,634 sqft
2023-08-01 0 days 1,635 sqft
2023-09-01 0 days 1,620 sqft
2023-10-01 0 days 1,626 sqft
2023-11-01 0 days 1,704 sqft
2023-12-01 0 days 1,668 sqft
2024-01-01 0 days 1,705 sqft
2024-02-01 0 days 1,671 sqft
2024-03-01 0 days 1,780 sqft
2024-04-01 0 days 1,763 sqft
2024-05-01 0 days 1,681 sqft
2024-06-01 0 days 1,662 sqft
2024-07-01 0 days 1,672 sqft
2024-08-01 0 days 1,660 sqft
2024-09-01 0 days 1,642 sqft
2024-10-01 0 days 1,633 sqft
Port Lavaca's median listing age (time on market) for 2024-10-01 was 0 days.

Port Lavaca's median square footage for active listings during the 2024-10-01 period was 1,633 sqft. One year prior, the average listing was 1,626 sqft.