Rio Grande City USDA Loan Rates, Closing Costs & Stats
Rio Grande City-Roma, TX
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.
Rio Grande City USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Rio Grande City
averaged
7.05%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Rio Grande City's average USDA mortgage closing costs are $6,442.
The average rate for the prior week (2024-04-12) was
6.8% and
one month ago for the week of 2024-03-15, the
average rate was 6.68%.
The average rate one year ago was 6.22%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.96%.
Rio Grande City 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 Rio Grande City level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|
The lowest fee Rio Grande City USDA lenders (with over 10 loans originated) are
.
The lowest rate Rio Grande City USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Rio Grande City (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 | $139,500 (9.5%) | $163,584 (4.3%) | 0.00 | 63 |
| 2018-02-01 | $126,000 (-2.7%) | $156,894 (0.5%) | 0.00 | 61 |
| 2018-03-01 | $129,000 (0.4%) | $154,499 (-1.5%) | 0.00 | 60 |
| 2018-04-01 | $140,750 (8.4%) | $163,187 (3.8%) | 0.00 | 50 |
| 2018-05-01 | $129,000 (0.8%) | $157,840 (11.1%) | 0.00 | 49 |
| 2018-06-01 | $129,000 (-3.7%) | $159,327 (-0.9%) | 0.00 | 46 |
| 2018-07-01 | $122,250 (-4.9%) | $158,517 (2.0%) | 0.00 | 46 |
| 2018-08-01 | $119,000 (-1.5%) | $162,736 (8.7%) | 0.00 | 41 |
| 2018-09-01 | $117,000 (-7.5%) | $156,122 (0.9%) | 0.00 | 41 |
| 2018-10-01 | $114,500 (-10.7%) | $154,029 (0.7%) | 0.00 | 44 |
| 2018-11-01 | $118,750 (-9.0%) | $157,851 (2.5%) | 0.00 | 50 |
| 2018-12-01 | $136,194 (-2.4%) | $164,756 (2.8%) | 0.00 | 51 |
| 2019-01-01 | $143,844 (3.1%) | $163,664 (0.1%) | 0.00 | 58 |
| 2019-02-01 | $143,377 (13.8%) | $159,116 (1.4%) | 0.00 | 62 |
| 2019-03-01 | $147,429 (14.3%) | $160,745 (4.0%) | 0.00 | 62 |
| 2019-04-01 | $147,304 (4.7%) | $162,576 (-0.4%) | 0.00 | 60 |
| 2019-05-01 | $149,000 (15.5%) | $163,908 (3.8%) | 0.00 | 59 |
| 2019-06-01 | $130,000 (0.8%) | $170,881 (7.3%) | 0.00 | 55 |
| 2019-07-01 | $141,513 (15.8%) | $170,838 (7.8%) | 0.00 | 60 |
| 2019-08-01 | $136,109 (14.4%) | $164,307 (1.0%) | 0.00 | 61 |
| 2019-09-01 | $124,235 (6.2%) | $154,025 (-1.3%) | 0.00 | 61 |
| 2019-10-01 | $115,000 (0.4%) | $145,784 (-5.4%) | 0.00 | 71 |
| 2019-11-01 | $115,000 (-3.2%) | $150,352 (-4.8%) | 0.00 | 76 |
| 2019-12-01 | $115,000 (-15.6%) | $139,125 (-15.6%) | 0.00 | 84 |
| 2020-01-01 | $115,000 (-20.1%) | $142,326 (-13.0%) | 0.00 | 90 |
| 2020-02-01 | $115,000 (-19.8%) | $139,912 (-12.1%) | 0.00 | 94 |
| 2020-03-01 | $115,000 (-22.0%) | $139,105 (-13.5%) | 0.00 | 99 |
| 2020-04-01 | $114,500 (-22.3%) | $154,037 (-5.3%) | 0.00 | 98 |
| 2020-05-01 | $114,500 (-23.2%) | $154,842 (-5.5%) | 0.00 | 98 |
| 2020-06-01 | $111,750 (-14.0%) | $152,068 (-11.0%) | 0.00 | 95 |
| 2020-07-01 | $114,000 (-19.4%) | $154,514 (-9.6%) | 0.00 | 92 |
| 2020-08-01 | $115,000 (-15.5%) | $156,571 (-4.7%) | 0.00 | 88 |
| 2020-09-01 | $115,000 (-7.4%) | $139,283 (-9.6%) | 0.00 | 81 |
| 2020-10-01 | $115,000 (0.0%) | $141,258 (-3.1%) | 0.00 | 83 |
| 2020-11-01 | $115,000 (0.0%) | $147,215 (-2.1%) | 0.00 | 81 |
| 2020-12-01 | $115,000 (0.0%) | $153,567 (10.4%) | 0.00 | 77 |
| 2021-01-01 | $145,000 (26.1%) | $170,409 (19.7%) | 0.00 | 59 |
| 2021-02-01 | $150,000 (30.4%) | $175,639 (25.5%) | 0.00 | 60 |
| 2021-03-01 | $150,000 (30.4%) | $170,401 (22.5%) | 0.00 | 54 |
| 2021-04-01 | $149,750 (30.8%) | $165,623 (7.5%) | 0.00 | 55 |
| 2021-05-01 | $157,250 (37.3%) | $169,132 (9.2%) | 0.00 | 51 |
| 2021-06-01 | $174,999 (56.6%) | $186,940 (22.9%) | 0.00 | 47 |
| 2021-07-01 | $165,000 (44.7%) | $298,803 (93.4%) | 0.00 | 49 |
| 2021-08-01 | $165,000 (43.5%) | $298,578 (90.7%) | 0.00 | 47 |
| 2021-09-01 | $166,250 (44.6%) | $311,077 (123.3%) | 0.00 | 42 |
| 2021-10-01 | $172,500 (50.0%) | $305,863 (116.5%) | 0.00 | 50 |
| 2021-11-01 | $169,950 (47.8%) | $289,778 (96.8%) | 0.00 | 59 |
| 2021-12-01 | $164,250 (42.8%) | $286,297 (86.4%) | 0.00 | 58 |
| 2022-01-01 | $172,500 (19.0%) | $300,729 (76.5%) | 0.00 | 55 |
| 2022-02-01 | $170,000 (13.3%) | $299,441 (70.5%) | 0.00 | 57 |
| 2022-03-01 | $177,500 (18.3%) | $319,461 (87.5%) | 0.00 | 49 |
| 2022-04-01 | $186,922 (24.8%) | $329,515 (99.0%) | 0.00 | 48 |
| 2022-05-01 | $202,375 (28.7%) | $316,942 (87.4%) | 0.00 | 55 |
| 2022-06-01 | $217,000 (24.0%) | $334,722 (79.1%) | 0.00 | 50 |
| 2022-07-01 | $229,500 (39.1%) | $326,878 (9.4%) | 0.00 | 52 |
| 2022-08-01 | $234,000 (41.8%) | $318,197 (6.6%) | 0.00 | 62 |
| 2022-09-01 | $234,950 (41.3%) | $300,326 (-3.5%) | 0.00 | 78 |
| 2022-10-01 | $239,250 (38.7%) | $300,844 (-1.6%) | 0.00 | 75 |
| 2022-11-01 | $243,850 (43.5%) | $310,733 (7.2%) | 0.00 | 73 |
| 2022-12-01 | $241,500 (47.0%) | $310,611 (8.5%) | 0.00 | 75 |
| 2023-01-01 | $243,850 (41.4%) | $315,303 (4.9%) | 0.00 | 72 |
| 2023-02-01 | $237,125 (39.5%) | $313,133 (4.6%) | 0.00 | 70 |
| 2023-03-01 | $228,000 (28.5%) | $309,683 (-3.1%) | 0.00 | 71 |
| 2023-04-01 | $219,333 (17.3%) | $306,663 (-6.9%) | 0.00 | 66 |
| 2023-05-01 | $220,125 (8.8%) | $311,909 (-1.6%) | 0.00 | 65 |
| 2023-06-01 | $206,250 (-5.0%) | $311,964 (-6.8%) | 0.00 | 66 |
| 2023-07-01 | $229,900 (0.2%) | $321,503 (-1.6%) | 0.00 | 70 |
| 2023-08-01 | $229,900 (-1.8%) | $331,302 (4.1%) | 0.00 | 70 |
| 2023-09-01 | $229,950 (-2.1%) | $329,303 (9.7%) | 0.00 | 72 |
| 2023-10-01 | $229,900 (-3.9%) | $317,377 (5.5%) | 0.00 | 75 |
| 2023-11-01 | $228,950 (-6.1%) | $313,123 (0.8%) | 0.00 | 75 |
| 2023-12-01 | $224,500 (-7.0%) | $306,182 (-1.4%) | 0.00 | 75 |
| 2024-01-01 | $223,450 (-8.4%) | $300,719 (-4.6%) | 0.00 | 75 |
| 2024-02-01 | $216,950 (-8.5%) | $298,214 (-4.8%) | 0.00 | 74 |
| 2024-03-01 | $216,950 (-4.9%) | $291,350 (-5.9%) | 0.00 | 85 |
Rio Grande City's median listing price comes in at 0% of the national average.
Rio Grande City's average listing price for 2024-03-01 was $291,350, a difference of $-18,333 (-5.9%) versus the prior year and $-6,864 versus the prior month.
For the 2024-03-01 period, Rio Grande City had 85 MLS listings, a difference of 11 listings (15%) versus the prior month and 14 listings (20%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Rio Grande City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,891 sqft |
| 2018-02-01 | 0 days | 1,823 sqft |
| 2018-03-01 | 0 days | 1,847 sqft |
| 2018-04-01 | 0 days | 1,887 sqft |
| 2018-05-01 | 0 days | 1,846 sqft |
| 2018-06-01 | 0 days | 1,900 sqft |
| 2018-07-01 | 0 days | 1,823 sqft |
| 2018-08-01 | 0 days | 1,975 sqft |
| 2018-09-01 | 0 days | 1,823 sqft |
| 2018-10-01 | 0 days | 1,813 sqft |
| 2018-11-01 | 0 days | 1,813 sqft |
| 2018-12-01 | 0 days | 1,926 sqft |
| 2019-01-01 | 0 days | 1,894 sqft |
| 2019-02-01 | 0 days | 1,839 sqft |
| 2019-03-01 | 0 days | 1,917 sqft |
| 2019-04-01 | 0 days | 1,926 sqft |
| 2019-05-01 | 0 days | 1,943 sqft |
| 2019-06-01 | 0 days | 1,844 sqft |
| 2019-07-01 | 0 days | 1,834 sqft |
| 2019-08-01 | 0 days | 1,740 sqft |
| 2019-09-01 | 0 days | 1,615 sqft |
| 2019-10-01 | 0 days | 1,524 sqft |
| 2019-11-01 | 0 days | 1,466 sqft |
| 2019-12-01 | 0 days | 1,466 sqft |
| 2020-01-01 | 0 days | 1,408 sqft |
| 2020-02-01 | 0 days | 1,415 sqft |
| 2020-03-01 | 0 days | 1,325 sqft |
| 2020-04-01 | 0 days | 1,415 sqft |
| 2020-05-01 | 0 days | 1,418 sqft |
| 2020-06-01 | 0 days | 1,329 sqft |
| 2020-07-01 | 0 days | 1,328 sqft |
| 2020-08-01 | 0 days | 1,305 sqft |
| 2020-09-01 | 0 days | 1,280 sqft |
| 2020-10-01 | 0 days | 1,305 sqft |
| 2020-11-01 | 0 days | 1,391 sqft |
| 2020-12-01 | 0 days | 1,443 sqft |
| 2021-01-01 | 0 days | 1,768 sqft |
| 2021-02-01 | 0 days | 1,852 sqft |
| 2021-03-01 | 0 days | 1,901 sqft |
| 2021-04-01 | 0 days | 1,864 sqft |
| 2021-05-01 | 0 days | 1,846 sqft |
| 2021-06-01 | 0 days | 1,900 sqft |
| 2021-07-01 | 0 days | 1,872 sqft |
| 2021-08-01 | 0 days | 1,779 sqft |
| 2021-09-01 | 0 days | 1,777 sqft |
| 2021-10-01 | 0 days | 1,655 sqft |
| 2021-11-01 | 0 days | 1,670 sqft |
| 2021-12-01 | 0 days | 1,633 sqft |
| 2022-01-01 | 0 days | 1,690 sqft |
| 2022-02-01 | 0 days | 1,791 sqft |
| 2022-03-01 | 0 days | 1,741 sqft |
| 2022-04-01 | 0 days | 1,793 sqft |
| 2022-05-01 | 0 days | 1,804 sqft |
| 2022-06-01 | 0 days | 1,878 sqft |
| 2022-07-01 | 0 days | 1,878 sqft |
| 2022-08-01 | 0 days | 1,836 sqft |
| 2022-09-01 | 0 days | 1,845 sqft |
| 2022-10-01 | 0 days | 1,909 sqft |
| 2022-11-01 | 0 days | 1,887 sqft |
| 2022-12-01 | 0 days | 1,844 sqft |
| 2023-01-01 | 0 days | 1,845 sqft |
| 2023-02-01 | 0 days | 1,846 sqft |
| 2023-03-01 | 0 days | 1,853 sqft |
| 2023-04-01 | 0 days | 1,816 sqft |
| 2023-05-01 | 0 days | 1,795 sqft |
| 2023-06-01 | 0 days | 1,738 sqft |
| 2023-07-01 | 0 days | 1,802 sqft |
| 2023-08-01 | 0 days | 1,825 sqft |
| 2023-09-01 | 0 days | 1,802 sqft |
| 2023-10-01 | 0 days | 1,786 sqft |
| 2023-11-01 | 0 days | 1,767 sqft |
| 2023-12-01 | 0 days | 1,783 sqft |
| 2024-01-01 | 0 days | 1,744 sqft |
| 2024-02-01 | 0 days | 1,716 sqft |
| 2024-03-01 | 0 days | 1,598 sqft |
Rio Grande City's median square footage for active listings during the 2024-03-01 period was 1,598 sqft. One year prior, the average listing was 1,853 sqft.