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
6.42%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Prineville's average USDA mortgage closing costs are $7,773.
The average rate for the prior week (2024-04-12) was
6.27% and
one month ago for the week of 2024-03-15, the
average rate was 6.55%.
The average rate one year ago was 6.29%.
For refis of the same type during the week of 2024-04-19, the average rate
was 7.06%.
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 |
Prineville's median listing price comes in at 0% of the national average.
Prineville's average listing price for 2024-03-01 was $987,567, a difference of $49,492 (5.3%) versus the prior year and $-56,481 versus the prior month.
For the 2024-03-01 period, Prineville had 109 MLS listings, a difference of -5 listings (-4%) versus the prior month and -20 listings (-16%) 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 |
Prineville's median square footage for active listings during the 2024-03-01 period was 2,015 sqft. One year prior, the average listing was 1,928 sqft.