Prineville USDA Loan Rates, Closing Costs & Stats

Prineville, OR

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.

Prineville's 3 lenders originated 3 USDA loans during 2023. The total origination value was $855,000, with an average USDA loan value of $285,000.

Prineville USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Prineville averaged 6.45% for the week of 2024-06-07, compared to the national average (all USDA variants) of 6.699% for the same period.

Prineville's average USDA mortgage closing costs are $7,773.

The average rate for the prior week (2024-05-31) was 6.64% and one month ago for the week of 2024-05-03, the average rate was 6.73%.

The average rate one year ago was 6.53%.

For refis of the same type during the week of 2024-06-07, the average rate was 6.7%.

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

Prineville 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 Prineville level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
GUILD MORTGAGE COMPANY 1 5.00% $12,501
LOANDEPOT.COM, LLC 1 5.38% $10,569
PREMIER MORTGAGE RESOURCES, L.L.C. 1 7.00% $16,342

The top Prineville USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 1 USDA loans originated. Their average total fees are $12,501, which is $1,932 higher than the next largest lender, LOANDEPOT.COM, LLC.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Prineville (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 $357,500 (-3.1%) $594,156 (1.4%) 0.00 109
2018-02-01 $359,175 (-0.7%) $562,357 (4.9%) 0.00 114
2018-03-01 $339,900 (-1.8%) $533,954 (7.3%) 0.00 122
2018-04-01 $332,925 (-4.7%) $536,982 (16.4%) 0.00 131
2018-05-01 $368,650 (-1.7%) $563,869 (15.2%) 0.00 133
2018-06-01 $375,000 (-6.0%) $570,805 (13.5%) 0.00 136
2018-07-01 $364,950 (-6.4%) $547,945 (6.4%) 0.00 154
2018-08-01 $351,975 (-7.0%) $512,721 (2.5%) 0.00 174
2018-09-01 $359,900 (-2.3%) $509,699 (-4.4%) 0.00 183
2018-10-01 $364,925 (-2.3%) $516,596 (-6.0%) 0.00 181
2018-11-01 $393,000 (3.1%) $533,894 (-9.3%) 0.00 170
2018-12-01 $390,000 (13.2%) $532,078 (-7.9%) 0.00 167
2019-01-01 $373,750 (4.6%) $532,702 (-10.3%) 0.00 142
2019-02-01 $382,000 (6.4%) $570,588 (1.5%) 0.00 143
2019-03-01 $399,357 (17.5%) $594,438 (11.3%) 0.00 139
2019-04-01 $421,200 (26.5%) $605,161 (12.7%) 0.00 136
2019-05-01 $422,450 (14.6%) $603,744 (7.1%) 0.00 147
2019-06-01 $407,250 (8.6%) $560,317 (-1.8%) 0.00 183
2019-07-01 $404,925 (11.0%) $560,940 (2.4%) 0.00 192
2019-08-01 $412,664 (17.2%) $745,383 (45.4%) 0.00 190
2019-09-01 $416,734 (15.8%) $750,567 (47.3%) 0.00 195
2019-10-01 $409,448 (12.2%) $740,895 (43.4%) 0.00 191
2019-11-01 $399,950 (1.8%) $747,250 (40.0%) 0.00 167
2019-12-01 $388,500 (-0.4%) $791,884 (48.8%) 0.00 144
2020-01-01 $394,750 (5.6%) $811,956 (52.4%) 0.00 131
2020-02-01 $383,500 (0.4%) $822,325 (44.1%) 0.00 123
2020-03-01 $403,000 (0.9%) $811,758 (36.6%) 0.00 138
2020-04-01 $395,725 (-6.1%) $772,808 (27.7%) 0.00 157
2020-05-01 $407,000 (-3.7%) $787,775 (30.5%) 0.00 144
2020-06-01 $439,000 (7.8%) $864,508 (54.3%) 0.00 117
2020-07-01 $480,500 (18.7%) $906,224 (61.6%) 0.00 98
2020-08-01 $429,900 (4.2%) $922,462 (23.8%) 0.00 80
2020-09-01 $420,000 (0.8%) $881,021 (17.4%) 0.00 79
2020-10-01 $429,900 (5.0%) $928,582 (25.3%) 0.00 64
2020-11-01 $439,500 (9.9%) $1,020,253 (36.5%) 0.00 59
2020-12-01 $410,250 (5.6%) $1,039,597 (31.3%) 0.00 51
2021-01-01 $426,700 (8.1%) $1,209,400 (49.0%) 0.00 43
2021-02-01 $470,725 (22.7%) $1,360,083 (65.4%) 0.00 36
2021-03-01 $453,250 (12.5%) $1,357,909 (67.3%) 0.00 38
2021-04-01 $522,225 (32.0%) $1,435,406 (85.7%) 0.00 38
2021-05-01 $675,000 (65.9%) $1,503,619 (90.9%) 0.00 36
2021-06-01 $533,723 (21.6%) $1,336,266 (54.6%) 0.00 47
2021-07-01 $512,498 (6.7%) $1,230,892 (35.8%) 0.00 58
2021-08-01 $494,250 (15.0%) $1,055,492 (14.4%) 0.00 71
2021-09-01 $557,975 (32.9%) $1,077,668 (22.3%) 0.00 80
2021-10-01 $574,000 (33.5%) $998,302 (7.5%) 0.00 109
2021-11-01 $535,500 (21.8%) $1,025,795 (0.5%) 0.00 98
2021-12-01 $544,225 (32.7%) $1,067,374 (2.7%) 0.00 78
2022-01-01 $647,500 (51.8%) $1,251,550 (3.5%) 0.00 63
2022-02-01 $596,200 (26.7%) $1,268,580 (-6.7%) 0.00 63
2022-03-01 $584,950 (29.1%) $1,198,693 (-11.7%) 0.00 71
2022-04-01 $577,450 (10.6%) $1,050,422 (-26.8%) 0.00 80
2022-05-01 $591,175 (-12.4%) $1,057,849 (-29.7%) 0.00 87
2022-06-01 $569,975 (6.8%) $1,002,047 (-25.0%) 0.00 117
2022-07-01 $554,000 (8.1%) $935,845 (-24.0%) 0.00 139
2022-08-01 $559,975 (13.3%) $953,803 (-9.6%) 0.00 147
2022-09-01 $548,975 (-1.6%) $911,197 (-15.5%) 0.00 162
2022-10-01 $549,450 (-4.3%) $890,152 (-10.8%) 0.00 153
2022-11-01 $519,449 (-3.0%) $874,067 (-14.8%) 0.00 151
2022-12-01 $499,900 (-8.1%) $904,258 (-15.3%) 0.00 137
2023-01-01 $527,224 (-18.6%) $925,360 (-26.1%) 0.00 137
2023-02-01 $525,000 (-11.9%) $923,002 (-27.2%) 0.00 140
2023-03-01 $495,950 (-15.2%) $938,075 (-21.7%) 0.00 129
2023-04-01 $499,900 (-13.4%) $964,200 (-8.2%) 0.00 127
2023-05-01 $497,175 (-15.9%) $987,044 (-6.7%) 0.00 125
2023-06-01 $542,000 (-4.9%) $1,016,673 (1.5%) 0.00 136
2023-07-01 $577,000 (4.2%) $1,047,834 (12.0%) 0.00 158
2023-08-01 $576,500 (3.0%) $1,013,545 (6.3%) 0.00 163
2023-09-01 $599,900 (9.3%) $1,045,712 (14.8%) 0.00 155
2023-10-01 $606,250 (10.3%) $1,039,271 (16.8%) 0.00 150
2023-11-01 $572,225 (10.2%) $985,626 (12.8%) 0.00 151
2023-12-01 $592,000 (18.4%) $1,011,436 (11.9%) 0.00 130
2024-01-01 $599,225 (13.7%) $1,054,074 (13.9%) 0.00 111
2024-02-01 $579,000 (10.3%) $1,044,048 (13.1%) 0.00 114
2024-03-01 $562,450 (13.4%) $987,567 (5.3%) 0.00 109
2024-04-01 $587,500 (17.5%) $933,038 (-3.2%) 0.00 115
2024-05-01 $648,750 (30.5%) $993,272 (0.6%) 0.00 122
Prineville's median listing price for 2024-05-01 was $648,750, a difference of $151,575 (30.5%) versus the prior year and $61,250 versus the prior month.

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

Prineville's average listing price for 2024-05-01 was $993,272, a difference of $6,228 (0.6%) versus the prior year and $60,234 versus the prior month.

For the 2024-05-01 period, Prineville had 122 MLS listings, a difference of 7 listings (6%) versus the prior month and -3 listings (-2%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Prineville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,903 sqft
2018-02-01 0 days 1,894 sqft
2018-03-01 0 days 1,845 sqft
2018-04-01 0 days 1,884 sqft
2018-05-01 0 days 1,909 sqft
2018-06-01 0 days 1,932 sqft
2018-07-01 0 days 1,916 sqft
2018-08-01 0 days 1,859 sqft
2018-09-01 0 days 1,900 sqft
2018-10-01 0 days 1,870 sqft
2018-11-01 0 days 1,913 sqft
2018-12-01 0 days 1,910 sqft
2019-01-01 0 days 1,879 sqft
2019-02-01 0 days 1,903 sqft
2019-03-01 0 days 1,915 sqft
2019-04-01 0 days 1,921 sqft
2019-05-01 0 days 1,947 sqft
2019-06-01 0 days 1,950 sqft
2019-07-01 0 days 1,989 sqft
2019-08-01 0 days 2,049 sqft
2019-09-01 0 days 2,049 sqft
2019-10-01 0 days 2,045 sqft
2019-11-01 0 days 2,042 sqft
2019-12-01 0 days 1,945 sqft
2020-01-01 0 days 2,009 sqft
2020-02-01 0 days 1,942 sqft
2020-03-01 0 days 1,943 sqft
2020-04-01 0 days 1,934 sqft
2020-05-01 0 days 1,944 sqft
2020-06-01 0 days 1,953 sqft
2020-07-01 0 days 2,005 sqft
2020-08-01 0 days 1,940 sqft
2020-09-01 0 days 1,894 sqft
2020-10-01 0 days 1,917 sqft
2020-11-01 0 days 1,848 sqft
2020-12-01 0 days 1,767 sqft
2021-01-01 0 days 1,777 sqft
2021-02-01 0 days 1,924 sqft
2021-03-01 0 days 1,867 sqft
2021-04-01 0 days 2,029 sqft
2021-05-01 0 days 2,276 sqft
2021-06-01 0 days 1,821 sqft
2021-07-01 0 days 1,740 sqft
2021-08-01 0 days 1,905 sqft
2021-09-01 0 days 1,918 sqft
2021-10-01 0 days 1,880 sqft
2021-11-01 0 days 1,852 sqft
2021-12-01 0 days 1,828 sqft
2022-01-01 0 days 1,824 sqft
2022-02-01 0 days 1,711 sqft
2022-03-01 0 days 1,850 sqft
2022-04-01 0 days 1,800 sqft
2022-05-01 0 days 1,879 sqft
2022-06-01 0 days 1,896 sqft
2022-07-01 0 days 1,836 sqft
2022-08-01 0 days 1,888 sqft
2022-09-01 0 days 1,863 sqft
2022-10-01 0 days 1,874 sqft
2022-11-01 0 days 1,853 sqft
2022-12-01 0 days 1,883 sqft
2023-01-01 0 days 2,018 sqft
2023-02-01 0 days 1,988 sqft
2023-03-01 0 days 1,928 sqft
2023-04-01 0 days 1,927 sqft
2023-05-01 0 days 1,871 sqft
2023-06-01 0 days 1,873 sqft
2023-07-01 0 days 1,933 sqft
2023-08-01 0 days 1,889 sqft
2023-09-01 0 days 1,927 sqft
2023-10-01 0 days 1,950 sqft
2023-11-01 0 days 1,910 sqft
2023-12-01 0 days 1,932 sqft
2024-01-01 0 days 2,005 sqft
2024-02-01 0 days 2,061 sqft
2024-03-01 0 days 2,015 sqft
2024-04-01 0 days 2,063 sqft
2024-05-01 0 days 2,083 sqft
Prineville's median listing age (time on market) for 2024-05-01 was 0 days.

Prineville's median square footage for active listings during the 2024-05-01 period was 2,083 sqft. One year prior, the average listing was 1,871 sqft.