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%.

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

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 for 2022-12-01 was $349,900, a difference of $4,150 (1.2%) versus the prior year and $-8,825 versus the prior month.

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 listing age (time on market) for 2022-12-01 was 59 days. This is 46% longer than the same period one year ago.

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.