Pueblo USDA Loan Rates, Closing Costs & Stats
PUEBLO, CO
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.
Pueblo's 3 lenders originated 3 USDA loans during 2021. The total origination value was $785,000, with an average USDA loan value of $261,667.
Pueblo USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Pueblo
averaged
0%
for the week of 2023-01-20, compared to the national average (all USDA variants) of
0% for the same period.
Pueblo's average USDA mortgage closing costs are $7,872.
The average rate for the prior week (2023-01-13) was
6.44% and
one month ago for the week of 2022-12-16, the
average rate was 6.12%.
The average rate one year ago was 3.44%.
For refis of the same type during the week of 2023-01-20, the average rate
was -0.37%.
Pueblo 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 Pueblo level.
| Name | # of Loans | 2021 Avg. 30yFix Rate | 2021 Avg. Closing Costs |
|---|---|---|---|
| Bank of England | 1 | 3.38% | $7,848 |
| FINANCE OF AMERICA MORTGAGE LLC | 1 | 2.63% | $6,739 |
| LOANDEPOT.COM, LLC | 1 | 2.25% | $12,816 |
The top Pueblo USDA lender as defined by loan originations is Bank of England, with
1 USDA loans originated. Their average total fees are
$7,848, which is $1,109
higher than the next largest lender,
FINANCE OF AMERICA MORTGAGE LLC.
The lowest fee Pueblo USDA lenders (with over 10 loans originated) are
.
The lowest rate Pueblo USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Pueblo (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 | $239,900 (15.3%) | $315,596 (15.7%) | 0.89 | 387 |
| 2018-02-01 | $240,000 (20.0%) | $323,725 (20.9%) | 0.87 | 364 |
| 2018-03-01 | $249,900 (21.9%) | $332,055 (18.6%) | 0.88 | 371 |
| 2018-04-01 | $249,950 (16.3%) | $342,031 (20.2%) | 0.85 | 369 |
| 2018-05-01 | $249,900 (13.6%) | $344,846 (9.1%) | 0.83 | 380 |
| 2018-06-01 | $250,000 (6.3%) | $346,266 (12.0%) | 0.83 | 434 |
| 2018-07-01 | $266,175 (15.8%) | $349,924 (16.8%) | 0.89 | 467 |
| 2018-08-01 | $255,000 (11.4%) | $335,725 (13.9%) | 0.85 | 511 |
| 2018-09-01 | $249,950 (9.4%) | $327,047 (11.0%) | 0.84 | 542 |
| 2018-10-01 | $249,929 (9.1%) | $327,301 (4.5%) | 0.84 | 527 |
| 2018-11-01 | $249,900 (6.4%) | $327,630 (2.7%) | 0.85 | 515 |
| 2018-12-01 | $244,900 (4.2%) | $319,549 (-0.8%) | 0.84 | 477 |
| 2019-01-01 | $239,950 (0.0%) | $316,624 (0.3%) | 0.83 | 446 |
| 2019-02-01 | $249,225 (3.8%) | $321,096 (-0.8%) | 0.84 | 429 |
| 2019-03-01 | $258,471 (3.4%) | $332,178 (0.0%) | 0.85 | 415 |
| 2019-04-01 | $269,800 (7.9%) | $345,206 (0.9%) | 0.86 | 395 |
| 2019-05-01 | $271,700 (8.7%) | $349,612 (1.4%) | 0.85 | 352 |
| 2019-06-01 | $252,000 (0.8%) | $340,279 (-1.7%) | 0.79 | 360 |
| 2019-07-01 | $246,250 (-7.5%) | $336,546 (-3.8%) | 0.77 | 392 |
| 2019-08-01 | $249,182 (-2.3%) | $332,289 (-1.0%) | 0.79 | 414 |
| 2019-09-01 | $246,830 (-1.3%) | $323,219 (-1.2%) | 0.79 | 450 |
| 2019-10-01 | $244,950 (-2.0%) | $315,336 (-3.7%) | 0.79 | 472 |
| 2019-11-01 | $239,900 (-4.0%) | $313,310 (-4.4%) | 0.79 | 414 |
| 2019-12-01 | $252,450 (3.1%) | $336,783 (5.4%) | 0.84 | 369 |
| 2020-01-01 | $257,675 (7.4%) | $355,833 (12.4%) | 0.86 | 346 |
| 2020-02-01 | $273,400 (9.7%) | $376,849 (17.4%) | 0.89 | 296 |
| 2020-03-01 | $278,450 (7.7%) | $393,915 (18.6%) | 0.87 | 271 |
| 2020-04-01 | $277,150 (2.7%) | $392,014 (13.6%) | 0.87 | 282 |
| 2020-05-01 | $294,000 (8.2%) | $386,042 (10.4%) | 0.89 | 288 |
| 2020-06-01 | $285,000 (13.1%) | $385,641 (13.3%) | 0.84 | 266 |
| 2020-07-01 | $302,175 (22.7%) | $428,387 (27.3%) | 0.88 | 232 |
| 2020-08-01 | $315,000 (26.4%) | $456,750 (37.5%) | 0.90 | 232 |
| 2020-09-01 | $301,950 (22.3%) | $466,447 (44.3%) | 0.87 | 238 |
| 2020-10-01 | $309,000 (26.2%) | $493,376 (56.5%) | 0.89 | 218 |
| 2020-11-01 | $298,925 (24.6%) | $490,299 (56.5%) | 0.87 | 199 |
| 2020-12-01 | $299,225 (18.5%) | $507,230 (50.6%) | 0.89 | 175 |
| 2021-01-01 | $302,400 (17.4%) | $525,661 (47.7%) | 0.90 | 144 |
| 2021-02-01 | $330,000 (20.7%) | $530,216 (40.7%) | 0.96 | 153 |
| 2021-03-01 | $322,450 (15.8%) | $519,847 (32.0%) | 0.91 | 155 |
| 2021-04-01 | $329,950 (19.1%) | $523,787 (33.6%) | 0.89 | 177 |
| 2021-05-01 | $324,500 (10.4%) | $497,299 (28.8%) | 0.86 | 203 |
| 2021-06-01 | $329,725 (15.7%) | $481,802 (24.9%) | 0.87 | 242 |
| 2021-07-01 | $335,900 (11.2%) | $448,812 (4.8%) | 0.88 | 314 |
| 2021-08-01 | $331,075 (5.1%) | $442,567 (-3.1%) | 0.88 | 382 |
| 2021-09-01 | $334,625 (10.8%) | $447,320 (-4.1%) | 0.89 | 362 |
| 2021-10-01 | $329,000 (6.5%) | $448,248 (-9.2%) | 0.88 | 343 |
| 2021-11-01 | $345,700 (15.7%) | $438,885 (-10.5%) | 0.92 | 369 |
| 2021-12-01 | $345,750 (15.6%) | $448,543 (-11.6%) | 0.94 | 331 |
| 2022-01-01 | $329,950 (9.1%) | $442,209 (-15.9%) | 0.89 | 274 |
| 2022-02-01 | $362,500 (9.9%) | $439,981 (-17.0%) | 0.94 | 235 |
| 2022-03-01 | $359,200 (11.4%) | $410,374 (-21.1%) | 0.90 | 214 |
| 2022-04-01 | $374,000 (13.4%) | $429,833 (-17.9%) | 0.89 | 278 |
| 2022-05-01 | $394,675 (21.6%) | $459,704 (-7.6%) | 0.90 | 320 |
| 2022-06-01 | $399,450 (21.2%) | $457,489 (-5.1%) | 0.89 | 391 |
| 2022-07-01 | $399,900 (19.1%) | $442,963 (-1.3%) | 0.90 | 516 |
| 2022-08-01 | $395,899 (19.6%) | $444,843 (0.5%) | 0.91 | 561 |
| 2022-09-01 | $385,000 (15.1%) | $439,248 (-1.8%) | 0.90 | 586 |
| 2022-10-01 | $374,900 (14.0%) | $432,768 (-3.5%) | 0.88 | 633 |
| 2022-11-01 | $358,725 (3.8%) | $416,072 (-5.2%) | 0.86 | 667 |
| 2022-12-01 | $349,900 (1.2%) | $410,755 (-8.4%) | 0.87 | 624 |
Pueblo's median listing price comes in at 87% of the national average.
Pueblo's average listing price for 2022-12-01 was $410,755, a difference of $-37,788 (-8.4%) versus the prior year and $-5,317 versus the prior month.
For the 2022-12-01 period, Pueblo had 624 MLS listings, a difference of -43 listings (-6%) versus the prior month and 293 listings (89%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Pueblo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 62 days | 1,956 sqft |
| 2018-02-01 | 52 days | 1,992 sqft |
| 2018-03-01 | 46 days | 2,088 sqft |
| 2018-04-01 | 45 days | 2,098 sqft |
| 2018-05-01 | 43 days | 2,105 sqft |
| 2018-06-01 | 41 days | 2,064 sqft |
| 2018-07-01 | 39 days | 2,106 sqft |
| 2018-08-01 | 46 days | 2,022 sqft |
| 2018-09-01 | 50 days | 2,028 sqft |
| 2018-10-01 | 53 days | 1,947 sqft |
| 2018-11-01 | 57 days | 1,897 sqft |
| 2018-12-01 | 68 days | 1,893 sqft |
| 2019-01-01 | 72 days | 1,859 sqft |
| 2019-02-01 | 53 days | 1,902 sqft |
| 2019-03-01 | 48 days | 2,052 sqft |
| 2019-04-01 | 44 days | 2,186 sqft |
| 2019-05-01 | 41 days | 2,195 sqft |
| 2019-06-01 | 38 days | 2,056 sqft |
| 2019-07-01 | 38 days | 2,051 sqft |
| 2019-08-01 | 41 days | 2,074 sqft |
| 2019-09-01 | 42 days | 2,011 sqft |
| 2019-10-01 | 40 days | 1,969 sqft |
| 2019-11-01 | 46 days | 1,944 sqft |
| 2019-12-01 | 60 days | 2,040 sqft |
| 2020-01-01 | 60 days | 2,012 sqft |
| 2020-02-01 | 46 days | 1,988 sqft |
| 2020-03-01 | 39 days | 1,972 sqft |
| 2020-04-01 | 38 days | 1,870 sqft |
| 2020-05-01 | 40 days | 2,034 sqft |
| 2020-06-01 | 34 days | 2,016 sqft |
| 2020-07-01 | 37 days | 2,159 sqft |
| 2020-08-01 | 34 days | 2,142 sqft |
| 2020-09-01 | 30 days | 2,117 sqft |
| 2020-10-01 | 32 days | 2,119 sqft |
| 2020-11-01 | 35 days | 1,938 sqft |
| 2020-12-01 | 39 days | 1,865 sqft |
| 2021-01-01 | 36 days | 1,963 sqft |
| 2021-02-01 | 21 days | 1,906 sqft |
| 2021-03-01 | 27 days | 1,854 sqft |
| 2021-04-01 | 29 days | 1,875 sqft |
| 2021-05-01 | 26 days | 1,946 sqft |
| 2021-06-01 | 22 days | 1,914 sqft |
| 2021-07-01 | 23 days | 1,888 sqft |
| 2021-08-01 | 26 days | 1,992 sqft |
| 2021-09-01 | 28 days | 1,893 sqft |
| 2021-10-01 | 28 days | 1,894 sqft |
| 2021-11-01 | 27 days | 1,833 sqft |
| 2021-12-01 | 41 days | 1,785 sqft |
| 2022-01-01 | 46 days | 1,757 sqft |
| 2022-02-01 | 27 days | 1,754 sqft |
| 2022-03-01 | 22 days | 1,776 sqft |
| 2022-04-01 | 17 days | 1,740 sqft |
| 2022-05-01 | 29 days | 1,789 sqft |
| 2022-06-01 | 29 days | 1,767 sqft |
| 2022-07-01 | 30 days | 1,872 sqft |
| 2022-08-01 | 39 days | 1,900 sqft |
| 2022-09-01 | 43 days | 1,964 sqft |
| 2022-10-01 | 44 days | 1,980 sqft |
| 2022-11-01 | 46 days | 1,978 sqft |
| 2022-12-01 | 59 days | 1,920 sqft |
Pueblo's median square footage for active listings during the 2022-12-01 period was 1,920 sqft. One year prior, the average listing was 1,785 sqft.