Redding USDA Loan Rates, Closing Costs & Stats

REDDING, CA

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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.

    Redding's 11 lenders originated 17 USDA loans during 2024. The total origination value was $4,015,000, with an average USDA loan value of $236,176.

    Redding USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Redding averaged -0.05% for the week of 2025-07-04, compared to the national average (all USDA variants) of 0% for the same period.

    Redding's average USDA mortgage closing costs are $6,994.

    The average rate for the prior week (2025-06-27) was 6.49% and one month ago for the week of 2025-05-30, the average rate was 6.58%.

    The average rate one year ago was 7.07%.

    For refis of the same type during the week of 2025-07-04, the average rate was -0.38%.

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

    Redding 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 Redding level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    AMERICAN PACIFIC MORTGAGE CORPORATION 4 6.13% $10,459
    CROSSCOUNTRY MORTGAGE, LLC 2 6.25% $10,178
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.75% $9,544
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 5.94% $10,318
    NEWREZ LLC 1 5.75% $12,422
    Paramount Residential Mortgage Group, Inc. 1 6.38% $6,424
    Plains Commerce Bank 1 6.75% $12,509
    UNITED WHOLESALE MORTGAGE, LLC 1 5.95% $8,065
    BROKER SOLUTIONS, INC. 1 6.99% $8,835
    EVERETT FINANCIAL, INC. 1 6.63% $7,752
    INFINITY EQUITY GROUP, INC. 1 5.75% $12,422

    The top Redding USDA lender as defined by loan originations is AMERICAN PACIFIC MORTGAGE CORPORATION, with 4 USDA loans originated. Their average total fees are $10,459, which is $281 higher than the next largest lender, CROSSCOUNTRY MORTGAGE, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Redding (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 $321,500 (8.6%) $403,848 (2.8%) 1.19 601
    2018-02-01 $329,225 (9.8%) $401,777 (0.8%) 1.20 625
    2018-03-01 $329,900 (3.0%) $407,716 (0.1%) 1.16 670
    2018-04-01 $329,000 (-0.3%) $402,101 (-4.5%) 1.12 723
    2018-05-01 $329,975 (3.5%) $413,520 (5.1%) 1.10 786
    2018-06-01 $327,500 (3.2%) $405,212 (4.1%) 1.09 844
    2018-07-01 $317,000 (1.2%) $382,582 (-0.2%) 1.06 871
    2018-08-01 $312,425 (1.1%) $383,511 (-0.3%) 1.05 764
    2018-09-01 $324,800 (1.8%) $395,243 (0.6%) 1.09 764
    2018-10-01 $325,250 (1.8%) $400,544 (2.8%) 1.10 776
    2018-11-01 $332,325 (4.8%) $416,380 (5.5%) 1.13 743
    2018-12-01 $329,900 (3.6%) $421,455 (5.0%) 1.14 714
    2019-01-01 $334,600 (4.1%) $430,588 (6.6%) 1.16 663
    2019-02-01 $327,000 (-0.7%) $430,416 (7.1%) 1.10 660
    2019-03-01 $324,943 (-1.5%) $431,363 (5.8%) 1.06 651
    2019-04-01 $327,450 (-0.5%) $436,099 (8.5%) 1.04 642
    2019-05-01 $339,950 (3.0%) $435,763 (5.4%) 1.06 726
    2019-06-01 $339,950 (3.8%) $434,051 (7.1%) 1.06 803
    2019-07-01 $333,700 (5.3%) $422,666 (10.5%) 1.04 793
    2019-08-01 $331,818 (6.2%) $424,058 (10.6%) 1.05 780
    2019-09-01 $330,795 (1.9%) $426,750 (8.0%) 1.06 781
    2019-10-01 $332,864 (2.3%) $428,545 (7.0%) 1.07 774
    2019-11-01 $339,000 (2.0%) $440,275 (5.7%) 1.11 708
    2019-12-01 $336,950 (2.1%) $445,673 (5.8%) 1.12 614
    2020-01-01 $347,850 (4.0%) $457,451 (6.2%) 1.16 558
    2020-02-01 $342,450 (4.7%) $458,946 (6.6%) 1.12 541
    2020-03-01 $357,225 (9.9%) $466,025 (8.0%) 1.12 558
    2020-04-01 $362,900 (10.8%) $466,691 (7.0%) 1.14 597
    2020-05-01 $379,900 (11.8%) $470,186 (7.9%) 1.15 592
    2020-06-01 $394,450 (16.0%) $486,358 (12.1%) 1.16 556
    2020-07-01 $400,575 (20.0%) $510,485 (20.8%) 1.16 467
    2020-08-01 $399,000 (20.3%) $558,104 (31.6%) 1.14 415
    2020-09-01 $398,450 (20.5%) $586,929 (37.5%) 1.14 415
    2020-10-01 $398,750 (19.8%) $565,627 (32.0%) 1.14 457
    2020-11-01 $399,000 (17.7%) $573,846 (30.3%) 1.17 451
    2020-12-01 $414,500 (23.0%) $589,681 (32.3%) 1.23 387
    2021-01-01 $427,000 (22.8%) $614,662 (34.4%) 1.27 316
    2021-02-01 $431,000 (25.9%) $630,215 (37.3%) 1.25 293
    2021-03-01 $426,500 (19.4%) $618,482 (32.7%) 1.21 301
    2021-04-01 $427,475 (17.8%) $649,269 (39.1%) 1.16 279
    2021-05-01 $449,900 (18.4%) $714,972 (52.1%) 1.20 309
    2021-06-01 $456,225 (15.7%) $700,595 (44.1%) 1.20 347
    2021-07-01 $425,000 (6.1%) $651,532 (27.6%) 1.12 394
    2021-08-01 $432,000 (8.3%) $634,507 (13.7%) 1.15 427
    2021-09-01 $439,450 (10.3%) $639,153 (8.9%) 1.17 438
    2021-10-01 $442,750 (11.0%) $604,308 (6.8%) 1.18 442
    2021-11-01 $438,500 (9.9%) $603,113 (5.1%) 1.17 431
    2021-12-01 $438,500 (5.8%) $598,196 (1.4%) 1.19 376
    2022-01-01 $459,900 (7.7%) $618,810 (0.7%) 1.24 310
    2022-02-01 $478,725 (11.1%) $642,710 (2.0%) 1.25 307
    2022-03-01 $489,000 (14.7%) $674,458 (9.1%) 1.22 339
    2022-04-01 $475,000 (11.1%) $685,487 (5.6%) 1.13 375
    2022-05-01 $471,850 (4.9%) $646,951 (-9.5%) 1.08 412
    2022-06-01 $472,000 (3.5%) $631,175 (-9.9%) 1.05 450
    2022-07-01 $430,000 (1.2%) $593,154 (-9.0%) 0.97 524
    2022-08-01 $439,000 (1.6%) $605,928 (-4.5%) 1.01 533
    2022-09-01 $439,125 (-0.1%) $611,198 (-4.4%) 1.03 539
    2022-10-01 $424,900 (-4.0%) $587,739 (-2.7%) 1.00 538
    2022-11-01 $413,200 (-5.8%) $586,823 (-2.7%) 0.99 513
    2022-12-01 $418,000 (-4.7%) $595,172 (-0.5%) 1.03 434
    2023-01-01 $409,200 (-11.0%) $592,585 (-4.2%) 1.01 395
    2023-02-01 $425,000 (-11.2%) $605,604 (-5.8%) 1.03 368
    2023-03-01 $439,825 (-10.1%) $615,764 (-8.7%) 1.04 352
    2023-04-01 $445,000 (-6.3%) $622,366 (-9.2%) 1.03 350
    2023-05-01 $446,248 (-5.4%) $602,037 (-6.9%) 1.01 401
    2023-06-01 $450,000 (-4.7%) $652,583 (3.4%) 1.01 435
    2023-07-01 $455,000 (5.8%) $622,625 (5.0%) 1.03 484
    2023-08-01 $457,150 (4.1%) $649,948 (7.3%) 1.05 511
    2023-09-01 $448,800 (2.2%) $642,268 (5.1%) 1.04 508
    2023-10-01 $431,498 (1.6%) $632,177 (7.6%) 1.02 491
    2023-11-01 $429,900 (4.0%) $634,743 (8.2%) 1.02 462
    2023-12-01 $437,738 (4.7%) $648,623 (9.0%) 1.07 414
    2024-01-01 $432,200 (5.6%) $666,679 (12.5%) 1.06 365
    2024-02-01 $439,000 (3.3%) $681,131 (12.5%) 1.06 346
    2024-03-01 $449,000 (2.1%) $694,589 (12.8%) 1.06 344
    2024-04-01 $441,000 (-0.9%) $666,956 (7.2%) 1.03 383
    2024-05-01 $461,500 (3.4%) $686,715 (14.1%) 1.05 465
    2024-06-01 $450,000 (0.0%) $630,192 (-3.4%) 1.02 477
    2024-07-01 $434,271 (-4.6%) $626,375 (0.6%) 0.99 516
    2024-08-01 $427,000 (-6.6%) $615,706 (-5.3%) 0.99 536
    2024-09-01 $437,400 (-2.5%) $629,375 (-2.0%) 1.03 546
    2024-10-01 $429,900 (-0.4%) $610,721 (-3.4%) 1.01 577
    2024-11-01 $427,000 (-0.7%) $604,750 (-4.7%) 1.02 587
    2024-12-01 $419,500 (-4.2%) $602,952 (-7.0%) 1.04 548
    2025-01-01 $417,000 (-3.5%) $618,929 (-7.2%) 1.04 497
    2025-02-01 $414,000 (-5.7%) $598,615 (-12.1%) 1.00 470
    2025-03-01 $429,000 (-4.5%) $601,444 (-13.4%) 1.01 491
    2025-04-01 $444,475 (0.8%) $627,450 (-5.9%) 1.03 573
    2025-05-01 $455,000 (-1.4%) $638,098 (-7.1%) 1.03 636
    Redding's median listing price for 2025-05-01 was $455,000, a difference of $-6,500 (-1.4%) versus the prior year and $10,525 versus the prior month.

    Redding's median listing price comes in at 103% of the national average.

    Redding's average listing price for 2025-05-01 was $638,098, a difference of $-48,617 (-7.1%) versus the prior year and $10,648 versus the prior month.

    For the 2025-05-01 period, Redding had 636 MLS listings, a difference of 63 listings (11%) versus the prior month and 171 listings (37%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Redding (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 81 days 1,801 sqft
    2018-02-01 63 days 1,802 sqft
    2018-03-01 52 days 1,827 sqft
    2018-04-01 53 days 1,812 sqft
    2018-05-01 47 days 1,830 sqft
    2018-06-01 51 days 1,818 sqft
    2018-07-01 58 days 1,774 sqft
    2018-08-01 61 days 1,754 sqft
    2018-09-01 60 days 1,788 sqft
    2018-10-01 61 days 1,811 sqft
    2018-11-01 62 days 1,830 sqft
    2018-12-01 72 days 1,827 sqft
    2019-01-01 76 days 1,837 sqft
    2019-02-01 72 days 1,843 sqft
    2019-03-01 61 days 1,828 sqft
    2019-04-01 44 days 1,820 sqft
    2019-05-01 39 days 1,848 sqft
    2019-06-01 45 days 1,812 sqft
    2019-07-01 56 days 1,783 sqft
    2019-08-01 59 days 1,793 sqft
    2019-09-01 59 days 1,805 sqft
    2019-10-01 62 days 1,828 sqft
    2019-11-01 65 days 1,840 sqft
    2019-12-01 79 days 1,819 sqft
    2020-01-01 84 days 1,832 sqft
    2020-02-01 60 days 1,819 sqft
    2020-03-01 46 days 1,882 sqft
    2020-04-01 49 days 1,895 sqft
    2020-05-01 49 days 1,924 sqft
    2020-06-01 52 days 1,978 sqft
    2020-07-01 61 days 1,978 sqft
    2020-08-01 52 days 1,908 sqft
    2020-09-01 38 days 1,904 sqft
    2020-10-01 40 days 1,899 sqft
    2020-11-01 46 days 1,897 sqft
    2020-12-01 61 days 1,919 sqft
    2021-01-01 70 days 1,940 sqft
    2021-02-01 33 days 1,901 sqft
    2021-03-01 30 days 1,901 sqft
    2021-04-01 25 days 1,862 sqft
    2021-05-01 21 days 1,906 sqft
    2021-06-01 28 days 1,952 sqft
    2021-07-01 29 days 1,868 sqft
    2021-08-01 36 days 1,867 sqft
    2021-09-01 42 days 1,885 sqft
    2021-10-01 39 days 1,889 sqft
    2021-11-01 41 days 1,856 sqft
    2021-12-01 48 days 1,841 sqft
    2022-01-01 58 days 1,830 sqft
    2022-02-01 36 days 1,841 sqft
    2022-03-01 27 days 1,861 sqft
    2022-04-01 29 days 1,845 sqft
    2022-05-01 35 days 1,828 sqft
    2022-06-01 35 days 1,823 sqft
    2022-07-01 37 days 1,749 sqft
    2022-08-01 50 days 1,762 sqft
    2022-09-01 50 days 1,775 sqft
    2022-10-01 52 days 1,736 sqft
    2022-11-01 63 days 1,736 sqft
    2022-12-01 72 days 1,736 sqft
    2023-01-01 81 days 1,736 sqft
    2023-02-01 71 days 1,736 sqft
    2023-03-01 60 days 1,779 sqft
    2023-04-01 43 days 1,799 sqft
    2023-05-01 36 days 1,753 sqft
    2023-06-01 40 days 1,800 sqft
    2023-07-01 43 days 1,824 sqft
    2023-08-01 50 days 1,856 sqft
    2023-09-01 51 days 1,800 sqft
    2023-10-01 57 days 1,775 sqft
    2023-11-01 65 days 1,780 sqft
    2023-12-01 74 days 1,799 sqft
    2024-01-01 71 days 1,790 sqft
    2024-02-01 54 days 1,781 sqft
    2024-03-01 46 days 1,828 sqft
    2024-04-01 32 days 1,802 sqft
    2024-05-01 35 days 1,832 sqft
    2024-06-01 44 days 1,800 sqft
    2024-07-01 56 days 1,762 sqft
    2024-08-01 55 days 1,760 sqft
    2024-09-01 58 days 1,793 sqft
    2024-10-01 58 days 1,763 sqft
    2024-11-01 64 days 1,758 sqft
    2024-12-01 71 days 1,746 sqft
    2025-01-01 84 days 1,728 sqft
    2025-02-01 80 days 1,736 sqft
    2025-03-01 57 days 1,782 sqft
    2025-04-01 44 days 1,783 sqft
    2025-05-01 45 days 1,792 sqft
    Redding's median listing age (time on market) for 2025-05-01 was 45 days. This is 29% longer than the same period one year ago.

    Redding's median square footage for active listings during the 2025-05-01 period was 1,792 sqft. One year prior, the average listing was 1,832 sqft.