Price USDA Loan Rates, Closing Costs & Stats

Price, UT

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    • 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.

    Price's 5 lenders originated 8 USDA loans during 2023. The total origination value was $1,950,000, with an average USDA loan value of $243,750.

    Price USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Price averaged -0.04% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

    Price's average USDA mortgage closing costs are $4,426.

    The average rate for the prior week (2024-11-08) was 6.42% and one month ago for the week of 2024-10-11, the average rate was 5.98%.

    The average rate one year ago was 7.31%.

    For refis of the same type during the week of 2024-11-15, the average rate was -0.2%.

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

    Price 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 Price level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    SECURITY HOME MORTGAGE, LLC. 3 6.04% $9,502
    Bank of Utah 1 6.38% $7,063
    CRESCENT MORTGAGE COMPANY 1 7.00% $6,699
    FIRST COLONY MORTGAGE CORPORATION 1 7.00% $3,845
    NEWREZ LLC 1 5.25% $10,866

    The top Price USDA lender as defined by loan originations is SECURITY HOME MORTGAGE, LLC., with 3 USDA loans originated. Their average total fees are $9,502, which is $2,439 higher than the next largest lender, Bank of Utah.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Price (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 $121,150 (1.0%) $161,044 (15.3%) 0.00 143
    2018-02-01 $124,700 (0.9%) $163,123 (9.5%) 0.00 139
    2018-03-01 $129,750 (3.9%) $162,445 (7.7%) 0.00 142
    2018-04-01 $131,250 (1.7%) $169,937 (9.3%) 0.00 134
    2018-05-01 $130,000 (6.6%) $194,503 (25.6%) 0.00 135
    2018-06-01 $129,962 (4.0%) $189,368 (24.1%) 0.00 134
    2018-07-01 $129,975 (2.9%) $188,346 (22.1%) 0.00 136
    2018-08-01 $134,875 (8.6%) $197,010 (24.3%) 0.00 132
    2018-09-01 $145,000 (20.9%) $217,727 (36.4%) 0.00 123
    2018-10-01 $141,700 (16.3%) $212,813 (30.4%) 0.00 123
    2018-11-01 $139,175 (11.3%) $213,932 (28.8%) 0.00 116
    2018-12-01 $135,000 (7.1%) $210,224 (28.5%) 0.00 116
    2019-01-01 $134,750 (11.2%) $215,834 (34.0%) 0.00 111
    2019-02-01 $135,000 (8.3%) $222,641 (36.5%) 0.00 96
    2019-03-01 $135,000 (4.1%) $224,279 (38.1%) 0.00 93
    2019-04-01 $134,975 (2.8%) $223,920 (31.8%) 0.00 93
    2019-05-01 $144,250 (11.0%) $237,766 (22.2%) 0.00 84
    2019-06-01 $150,000 (15.4%) $248,007 (31.0%) 0.00 84
    2019-07-01 $150,375 (15.7%) $232,444 (23.4%) 0.00 89
    2019-08-01 $148,591 (10.2%) $220,312 (11.8%) 0.00 90
    2019-09-01 $147,977 (2.1%) $218,292 (0.3%) 0.00 89
    2019-10-01 $147,568 (4.1%) $218,901 (2.9%) 0.00 86
    2019-11-01 $144,500 (3.8%) $214,002 (0.0%) 0.00 69
    2019-12-01 $140,750 (4.3%) $211,652 (0.7%) 0.00 65
    2020-01-01 $156,575 (16.2%) $226,706 (5.0%) 0.00 58
    2020-02-01 $162,950 (20.7%) $264,578 (18.8%) 0.00 57
    2020-03-01 $165,750 (22.8%) $280,577 (25.1%) 0.00 47
    2020-04-01 $165,113 (22.3%) $279,747 (24.9%) 0.00 50
    2020-05-01 $168,500 (16.8%) $270,869 (13.9%) 0.00 49
    2020-06-01 $151,000 (0.7%) $275,709 (11.2%) 0.00 48
    2020-07-01 $184,750 (22.9%) $295,954 (27.3%) 0.00 49
    2020-08-01 $220,000 (48.1%) $335,095 (52.1%) 0.00 41
    2020-09-01 $195,023 (31.8%) $297,892 (36.5%) 0.00 46
    2020-10-01 $147,950 (0.3%) $217,615 (-0.6%) 0.00 53
    2020-11-01 $152,000 (5.2%) $200,433 (-6.3%) 0.00 54
    2020-12-01 $141,975 (0.9%) $205,442 (-2.9%) 0.00 47
    2021-01-01 $139,900 (-10.7%) $180,461 (-20.4%) 0.00 32
    2021-02-01 $160,975 (-1.2%) $206,621 (-21.9%) 0.00 27
    2021-03-01 $200,000 (20.7%) $218,684 (-22.1%) 0.00 22
    2021-04-01 $239,995 (45.4%) $331,774 (18.6%) 0.00 20
    2021-05-01 $234,495 (39.2%) $400,760 (48.0%) 0.00 22
    2021-06-01 $222,250 (47.2%) $376,433 (36.5%) 0.00 33
    2021-07-01 $225,000 (21.8%) $360,824 (21.9%) 0.00 49
    2021-08-01 $249,723 (13.5%) $354,928 (5.9%) 0.00 52
    2021-09-01 $243,725 (25.0%) $341,988 (14.8%) 0.00 57
    2021-10-01 $225,000 (52.1%) $358,727 (64.8%) 0.00 37
    2021-11-01 $199,375 (31.2%) $256,066 (27.8%) 0.00 32
    2021-12-01 $199,375 (40.4%) $243,477 (18.5%) 0.00 20
    2022-01-01 $191,250 (36.7%) $232,720 (29.0%) 0.00 15
    2022-02-01 $354,125 (120.0%) $338,222 (63.7%) 0.00 11
    2022-03-01 $297,000 (48.5%) $326,467 (49.3%) 0.00 14
    2022-04-01 $265,000 (10.4%) $294,463 (-11.3%) 0.00 27
    2022-05-01 $264,500 (12.8%) $339,394 (-15.3%) 0.00 32
    2022-06-01 $309,900 (39.4%) $348,821 (-7.3%) 0.00 44
    2022-07-01 $385,000 (71.1%) $367,778 (1.9%) 0.00 60
    2022-08-01 $350,000 (40.2%) $341,957 (-3.7%) 0.00 58
    2022-09-01 $349,000 (43.2%) $349,634 (2.2%) 0.00 57
    2022-10-01 $325,000 (44.4%) $352,611 (-1.7%) 0.00 60
    2022-11-01 $324,900 (63.0%) $338,760 (32.3%) 0.00 68
    2022-12-01 $319,950 (60.5%) $336,337 (38.1%) 0.00 67
    2023-01-01 $340,000 (77.8%) $349,272 (50.1%) 0.00 55
    2023-02-01 $380,750 (7.5%) $348,731 (3.1%) 0.00 46
    2023-03-01 $392,500 (32.2%) $363,817 (11.4%) 0.00 47
    2023-04-01 $414,000 (56.2%) $375,741 (27.6%) 0.00 62
    2023-05-01 $424,000 (60.3%) $398,953 (17.6%) 0.00 64
    2023-06-01 $375,450 (21.2%) $412,880 (18.4%) 0.00 81
    2023-07-01 $392,000 (1.8%) $434,831 (18.2%) 0.00 81
    2023-08-01 $421,250 (20.4%) $431,569 (26.2%) 0.00 82
    2023-09-01 $375,000 (7.5%) $420,860 (20.4%) 0.00 87
    2023-10-01 $362,500 (11.5%) $449,360 (27.4%) 0.00 93
    2023-11-01 $352,500 (8.5%) $382,946 (13.0%) 0.00 92
    2023-12-01 $350,000 (9.4%) $375,358 (11.6%) 0.00 90
    2024-01-01 $358,750 (5.5%) $390,294 (11.7%) 0.00 86
    2024-02-01 $380,000 (-0.2%) $391,410 (12.2%) 0.00 83
    2024-03-01 $395,000 (0.6%) $425,122 (16.9%) 0.00 78
    2024-04-01 $360,000 (-13.0%) $409,625 (9.0%) 0.00 87
    2024-05-01 $371,250 (-12.4%) $407,836 (2.2%) 0.00 90
    2024-06-01 $365,000 (-2.8%) $407,132 (-1.4%) 0.00 100
    2024-07-01 $353,875 (-9.7%) $399,233 (-8.2%) 0.00 105
    2024-08-01 $337,200 (-20.0%) $390,446 (-9.5%) 0.00 108
    2024-09-01 $336,750 (-10.2%) $387,965 (-7.8%) 0.00 112
    2024-10-01 $327,700 (-9.6%) $392,460 (-12.7%) 0.00 115
    Price's median listing price for 2024-10-01 was $327,700, a difference of $-34,800 (-9.6%) versus the prior year and $-9,050 versus the prior month.

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

    Price's average listing price for 2024-10-01 was $392,460, a difference of $-56,900 (-12.7%) versus the prior year and $4,495 versus the prior month.

    For the 2024-10-01 period, Price had 115 MLS listings, a difference of 3 listings (3%) versus the prior month and 22 listings (24%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Price (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,862 sqft
    2018-02-01 0 days 1,954 sqft
    2018-03-01 0 days 1,936 sqft
    2018-04-01 0 days 1,918 sqft
    2018-05-01 0 days 1,950 sqft
    2018-06-01 0 days 1,898 sqft
    2018-07-01 0 days 1,898 sqft
    2018-08-01 0 days 1,976 sqft
    2018-09-01 0 days 2,100 sqft
    2018-10-01 0 days 2,062 sqft
    2018-11-01 0 days 2,042 sqft
    2018-12-01 0 days 1,984 sqft
    2019-01-01 0 days 1,999 sqft
    2019-02-01 0 days 2,015 sqft
    2019-03-01 0 days 2,023 sqft
    2019-04-01 0 days 2,002 sqft
    2019-05-01 0 days 2,037 sqft
    2019-06-01 0 days 2,112 sqft
    2019-07-01 0 days 1,973 sqft
    2019-08-01 0 days 1,973 sqft
    2019-09-01 0 days 1,973 sqft
    2019-10-01 0 days 1,995 sqft
    2019-11-01 0 days 2,016 sqft
    2019-12-01 0 days 2,101 sqft
    2020-01-01 0 days 2,112 sqft
    2020-02-01 0 days 2,162 sqft
    2020-03-01 0 days 2,225 sqft
    2020-04-01 0 days 2,060 sqft
    2020-05-01 0 days 1,989 sqft
    2020-06-01 0 days 1,933 sqft
    2020-07-01 0 days 2,129 sqft
    2020-08-01 0 days 2,248 sqft
    2020-09-01 0 days 2,284 sqft
    2020-10-01 0 days 1,725 sqft
    2020-11-01 0 days 1,717 sqft
    2020-12-01 0 days 1,670 sqft
    2021-01-01 0 days 1,574 sqft
    2021-02-01 0 days 1,671 sqft
    2021-03-01 0 days 1,694 sqft
    2021-04-01 0 days 1,860 sqft
    2021-05-01 0 days 1,836 sqft
    2021-06-01 0 days 1,729 sqft
    2021-07-01 0 days 1,904 sqft
    2021-08-01 0 days 1,944 sqft
    2021-09-01 0 days 2,008 sqft
    2021-10-01 0 days 1,904 sqft
    2021-11-01 0 days 2,005 sqft
    2021-12-01 0 days 1,877 sqft
    2022-01-01 0 days 1,846 sqft
    2022-02-01 0 days 2,109 sqft
    2022-03-01 0 days 1,951 sqft
    2022-04-01 0 days 1,712 sqft
    2022-05-01 0 days 1,827 sqft
    2022-06-01 0 days 1,842 sqft
    2022-07-01 0 days 1,659 sqft
    2022-08-01 0 days 1,659 sqft
    2022-09-01 0 days 1,658 sqft
    2022-10-01 0 days 1,659 sqft
    2022-11-01 0 days 1,737 sqft
    2022-12-01 0 days 1,678 sqft
    2023-01-01 0 days 1,680 sqft
    2023-02-01 0 days 1,658 sqft
    2023-03-01 0 days 1,658 sqft
    2023-04-01 0 days 1,753 sqft
    2023-05-01 0 days 1,940 sqft
    2023-06-01 0 days 2,167 sqft
    2023-07-01 0 days 2,200 sqft
    2023-08-01 0 days 2,424 sqft
    2023-09-01 0 days 2,080 sqft
    2023-10-01 0 days 2,055 sqft
    2023-11-01 0 days 2,016 sqft
    2023-12-01 0 days 1,960 sqft
    2024-01-01 0 days 1,971 sqft
    2024-02-01 0 days 2,085 sqft
    2024-03-01 0 days 2,112 sqft
    2024-04-01 0 days 2,111 sqft
    2024-05-01 0 days 2,100 sqft
    2024-06-01 0 days 2,138 sqft
    2024-07-01 0 days 2,053 sqft
    2024-08-01 0 days 1,977 sqft
    2024-09-01 0 days 1,980 sqft
    2024-10-01 0 days 1,988 sqft
    Price's median listing age (time on market) for 2024-10-01 was 0 days.

    Price's median square footage for active listings during the 2024-10-01 period was 1,988 sqft. One year prior, the average listing was 2,055 sqft.