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
7.01%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Port Lavaca's average USDA mortgage closing costs are $4,845.
The average rate for the prior week (2024-04-12) was
6.76% and
one month ago for the week of 2024-03-15, the
average rate was 7.04%.
The average rate one year ago was 6.38%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.76%.
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 |
Port Lavaca's median listing price comes in at 0% of the national average.
Port Lavaca's average listing price for 2024-03-01 was $443,015, a difference of $12,303 (2.9%) versus the prior year and $27,493 versus the prior month.
For the 2024-03-01 period, Port Lavaca had 114 MLS listings, a difference of 5 listings (5%) versus the prior month and 31 listings (37%) 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 |
Port Lavaca's median square footage for active listings during the 2024-03-01 period was 1,780 sqft. One year prior, the average listing was 1,740 sqft.