Riverside USDA Loan Rates, Closing Costs & Stats

RIVERSIDE-SAN BERNARDINO-ONTARIO, 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.

    Riverside's 9 lenders originated 37 USDA loans during 2024. The total origination value was $10,315,000, with an average USDA loan value of $278,784.

    Riverside USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Riverside averaged 6.44% for the week of 2025-05-23, compared to the national average (all USDA variants) of 6.433% for the same period.

    Riverside's average USDA mortgage closing costs are $6,796.

    The average rate for the prior week (2025-05-16) was 6.67% and one month ago for the week of 2025-04-18, the average rate was 6.26%.

    The average rate one year ago was 6.63%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.24%.

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

    Riverside 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 Riverside level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    FIRST NATIONS HOME FINANCE CORPORATION 23 6.10% $8,224
    UNITED WHOLESALE MORTGAGE, LLC 3 6.01% $10,724
    ML Mortgage Corp. 2 5.88% $12,663
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.63% $14,607
    Commerce Home Mortgage, Inc. 1 5.50% $14,299
    CROSSCOUNTRY MORTGAGE, LLC 1 6.63% $9,663
    Paramount Residential Mortgage Group, Inc. 1 6.88% $7,367
    SUN WEST MORTGAGE COMPANY, INC. 1 7.25% $14,093
    AMERICAN FINANCIAL NETWORK, INC. 1 5.38% $14,016

    The top Riverside USDA lender as defined by loan originations is FIRST NATIONS HOME FINANCE CORPORATION, with 23 USDA loans originated. Their average total fees are $8,224, which is $2,501 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Riverside USDA lenders (with over 10 loans originated) are FIRST NATIONS HOME FINANCE CORPORATION ($8,224), .

    The lowest rate Riverside USDA lenders (with over 10 loans originated) are FIRST NATIONS HOME FINANCE CORPORATION (6.10%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Riverside (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 $389,900 (5.6%) $590,187 (10.2%) 1.45 12,231
    2018-02-01 $390,000 (5.4%) $593,256 (8.9%) 1.42 12,607
    2018-03-01 $399,000 (6.4%) $599,774 (8.6%) 1.40 12,739
    2018-04-01 $404,950 (6.9%) $597,714 (7.8%) 1.37 13,074
    2018-05-01 $406,389 (5.4%) $591,178 (5.1%) 1.36 13,709
    2018-06-01 $409,900 (6.5%) $579,477 (4.6%) 1.37 14,450
    2018-07-01 $408,500 (6.1%) $550,209 (1.8%) 1.36 15,060
    2018-08-01 $404,626 (6.5%) $540,667 (1.4%) 1.36 15,333
    2018-09-01 $400,000 (3.9%) $531,263 (-1.2%) 1.34 15,769
    2018-10-01 $399,900 (3.9%) $538,719 (-1.2%) 1.35 16,276
    2018-11-01 $399,000 (2.5%) $546,742 (-2.8%) 1.35 16,610
    2018-12-01 $399,000 (2.3%) $555,081 (-4.3%) 1.38 15,903
    2019-01-01 $399,000 (2.3%) $564,064 (-4.4%) 1.38 15,167
    2019-02-01 $399,950 (2.6%) $573,515 (-3.3%) 1.35 15,138
    2019-03-01 $406,867 (2.0%) $577,991 (-3.6%) 1.33 14,858
    2019-04-01 $410,345 (1.3%) $580,814 (-2.8%) 1.30 14,697
    2019-05-01 $418,400 (3.0%) $580,224 (-1.9%) 1.31 14,914
    2019-06-01 $419,900 (2.4%) $571,178 (-1.4%) 1.31 14,797
    2019-07-01 $419,000 (2.6%) $555,074 (0.9%) 1.31 14,817
    2019-08-01 $416,545 (3.0%) $548,037 (1.4%) 1.32 14,693
    2019-09-01 $412,864 (3.2%) $543,047 (2.2%) 1.32 14,474
    2019-10-01 $410,000 (2.5%) $540,982 (0.4%) 1.32 14,247
    2019-11-01 $409,500 (2.6%) $549,833 (0.6%) 1.34 13,954
    2019-12-01 $405,000 (1.5%) $556,914 (0.3%) 1.35 12,484
    2020-01-01 $407,000 (2.0%) $568,546 (0.8%) 1.36 11,564
    2020-02-01 $419,000 (4.8%) $589,374 (2.8%) 1.37 11,075
    2020-03-01 $424,950 (4.4%) $598,575 (3.6%) 1.33 10,596
    2020-04-01 $419,995 (2.4%) $576,842 (-0.7%) 1.32 11,066
    2020-05-01 $428,000 (2.3%) $588,161 (1.4%) 1.30 10,771
    2020-06-01 $439,450 (4.7%) $612,143 (7.2%) 1.29 8,989
    2020-07-01 $449,950 (7.4%) $636,810 (14.7%) 1.30 7,391
    2020-08-01 $459,999 (10.4%) $653,800 (19.3%) 1.32 6,698
    2020-09-01 $468,995 (13.6%) $673,349 (24.0%) 1.34 6,676
    2020-10-01 $469,999 (14.6%) $731,648 (35.2%) 1.35 6,753
    2020-11-01 $475,000 (16.0%) $693,502 (26.1%) 1.39 6,377
    2020-12-01 $478,947 (18.3%) $708,484 (27.2%) 1.42 5,506
    2021-01-01 $475,000 (16.7%) $723,284 (27.2%) 1.42 4,611
    2021-02-01 $482,400 (15.1%) $726,412 (23.3%) 1.40 3,907
    2021-03-01 $492,548 (15.9%) $717,296 (19.8%) 1.40 3,801
    2021-04-01 $499,900 (19.0%) $719,305 (24.7%) 1.35 4,032
    2021-05-01 $520,000 (21.5%) $727,930 (23.8%) 1.38 4,411
    2021-06-01 $526,922 (19.9%) $725,541 (18.5%) 1.39 4,791
    2021-07-01 $539,000 (19.8%) $703,276 (10.4%) 1.42 5,698
    2021-08-01 $539,900 (17.4%) $694,395 (6.2%) 1.44 6,119
    2021-09-01 $542,700 (15.7%) $680,580 (1.1%) 1.45 6,375
    2021-10-01 $549,000 (16.8%) $685,667 (-6.3%) 1.46 6,286
    2021-11-01 $549,700 (15.7%) $702,543 (1.3%) 1.47 5,754
    2021-12-01 $549,450 (14.7%) $738,695 (4.3%) 1.49 4,828
    2022-01-01 $545,000 (14.7%) $742,770 (2.7%) 1.47 4,073
    2022-02-01 $550,000 (14.0%) $761,166 (4.8%) 1.43 4,145
    2022-03-01 $573,500 (16.4%) $777,977 (8.5%) 1.44 4,390
    2022-04-01 $594,000 (18.8%) $787,396 (9.5%) 1.42 5,014
    2022-05-01 $599,000 (15.2%) $784,521 (7.8%) 1.37 6,826
    2022-06-01 $599,000 (13.7%) $767,411 (5.8%) 1.33 8,397
    2022-07-01 $596,000 (10.6%) $732,940 (4.2%) 1.34 10,517
    2022-08-01 $586,166 (8.6%) $713,214 (2.7%) 1.36 10,886
    2022-09-01 $579,900 (6.9%) $704,231 (3.5%) 1.36 11,006
    2022-10-01 $575,000 (4.7%) $708,141 (3.3%) 1.35 11,269
    2022-11-01 $569,000 (3.5%) $727,251 (3.5%) 1.37 11,193
    2022-12-01 $564,900 (2.8%) $729,544 (-1.2%) 1.39 10,044
    2023-01-01 $560,000 (2.8%) $742,991 (0.0%) 1.39 8,838
    2023-02-01 $559,900 (1.8%) $758,784 (-0.3%) 1.35 8,070
    2023-03-01 $559,495 (-2.4%) $767,478 (-1.4%) 1.32 7,510
    2023-04-01 $569,000 (-4.2%) $798,012 (1.4%) 1.32 6,786
    2023-05-01 $580,000 (-3.2%) $813,209 (3.7%) 1.32 6,739
    2023-06-01 $580,000 (-3.2%) $801,327 (4.4%) 1.30 6,878
    2023-07-01 $585,000 (-1.9%) $788,260 (7.6%) 1.33 7,306
    2023-08-01 $575,500 (-1.8%) $768,714 (7.8%) 1.32 7,614
    2023-09-01 $579,000 (-0.2%) $765,590 (8.7%) 1.35 7,856
    2023-10-01 $580,000 (0.9%) $775,553 (9.5%) 1.36 8,430
    2023-11-01 $584,725 (2.8%) $789,849 (8.6%) 1.39 8,772
    2023-12-01 $579,000 (2.5%) $797,723 (9.4%) 1.41 8,338
    2024-01-01 $585,000 (4.5%) $818,043 (10.1%) 1.43 7,799
    2024-02-01 $595,000 (6.3%) $838,671 (10.5%) 1.43 7,785
    2024-03-01 $599,000 (7.1%) $844,562 (10.0%) 1.41 8,073
    2024-04-01 $599,950 (5.4%) $851,554 (6.7%) 1.40 8,539
    2024-05-01 $617,750 (6.5%) $853,824 (5.0%) 1.41 9,290
    2024-06-01 $609,900 (5.2%) $828,221 (3.4%) 1.39 9,900
    2024-07-01 $599,999 (2.6%) $802,491 (1.8%) 1.37 10,290
    2024-08-01 $599,000 (4.1%) $779,863 (1.5%) 1.39 10,523
    2024-09-01 $599,000 (3.5%) $764,641 (-0.1%) 1.41 11,020
    2024-10-01 $599,000 (3.3%) $785,591 (1.3%) 1.41 11,592
    2024-11-01 $599,000 (2.4%) $804,429 (1.9%) 1.44 11,892
    2024-12-01 $597,000 (3.1%) $808,707 (1.4%) 1.48 11,076
    2025-01-01 $599,000 (2.4%) $813,936 (-0.5%) 1.50 10,847
    2025-02-01 $599,450 (0.8%) $825,221 (-1.6%) 1.46 11,461
    2025-03-01 $599,999 (0.2%) $827,551 (-2.0%) 1.41 12,125
    2025-04-01 $602,500 (0.4%) $833,297 (-2.1%) 1.40 13,014
    Riverside's median listing price for 2025-04-01 was $602,500, a difference of $2,550 (0.4%) versus the prior year and $2,501 versus the prior month.

    Riverside's median listing price comes in at 140% of the national average.

    Riverside's average listing price for 2025-04-01 was $833,297, a difference of $-18,257 (-2.1%) versus the prior year and $5,746 versus the prior month.

    For the 2025-04-01 period, Riverside had 13,014 MLS listings, a difference of 889 listings (7%) versus the prior month and 4,475 listings (52%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Riverside (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 56 days 1,991 sqft
    2018-02-01 43 days 1,990 sqft
    2018-03-01 43 days 2,014 sqft
    2018-04-01 43 days 2,038 sqft
    2018-05-01 40 days 2,040 sqft
    2018-06-01 41 days 2,027 sqft
    2018-07-01 43 days 2,011 sqft
    2018-08-01 45 days 1,996 sqft
    2018-09-01 46 days 1,976 sqft
    2018-10-01 46 days 1,957 sqft
    2018-11-01 48 days 1,945 sqft
    2018-12-01 58 days 1,922 sqft
    2019-01-01 64 days 1,932 sqft
    2019-02-01 54 days 1,941 sqft
    2019-03-01 50 days 1,957 sqft
    2019-04-01 51 days 1,971 sqft
    2019-05-01 50 days 1,988 sqft
    2019-06-01 52 days 1,995 sqft
    2019-07-01 53 days 1,995 sqft
    2019-08-01 53 days 1,982 sqft
    2019-09-01 54 days 1,965 sqft
    2019-10-01 55 days 1,953 sqft
    2019-11-01 57 days 1,950 sqft
    2019-12-01 66 days 1,943 sqft
    2020-01-01 70 days 1,952 sqft
    2020-02-01 62 days 1,967 sqft
    2020-03-01 52 days 1,973 sqft
    2020-04-01 58 days 1,929 sqft
    2020-05-01 69 days 1,950 sqft
    2020-06-01 68 days 1,969 sqft
    2020-07-01 57 days 1,996 sqft
    2020-08-01 47 days 1,998 sqft
    2020-09-01 44 days 1,980 sqft
    2020-10-01 44 days 1,974 sqft
    2020-11-01 48 days 1,965 sqft
    2020-12-01 57 days 1,956 sqft
    2021-01-01 57 days 1,917 sqft
    2021-02-01 43 days 1,889 sqft
    2021-03-01 35 days 1,906 sqft
    2021-04-01 33 days 1,883 sqft
    2021-05-01 30 days 1,883 sqft
    2021-06-01 31 days 1,864 sqft
    2021-07-01 31 days 1,867 sqft
    2021-08-01 33 days 1,873 sqft
    2021-09-01 36 days 1,872 sqft
    2021-10-01 36 days 1,889 sqft
    2021-11-01 40 days 1,899 sqft
    2021-12-01 45 days 1,893 sqft
    2022-01-01 44 days 1,867 sqft
    2022-02-01 31 days 1,853 sqft
    2022-03-01 30 days 1,854 sqft
    2022-04-01 28 days 1,880 sqft
    2022-05-01 28 days 1,894 sqft
    2022-06-01 32 days 1,897 sqft
    2022-07-01 36 days 1,872 sqft
    2022-08-01 44 days 1,864 sqft
    2022-09-01 50 days 1,860 sqft
    2022-10-01 53 days 1,857 sqft
    2022-11-01 57 days 1,849 sqft
    2022-12-01 66 days 1,844 sqft
    2023-01-01 73 days 1,850 sqft
    2023-02-01 65 days 1,842 sqft
    2023-03-01 54 days 1,823 sqft
    2023-04-01 51 days 1,831 sqft
    2023-05-01 46 days 1,843 sqft
    2023-06-01 44 days 1,834 sqft
    2023-07-01 45 days 1,836 sqft
    2023-08-01 47 days 1,812 sqft
    2023-09-01 49 days 1,800 sqft
    2023-10-01 49 days 1,815 sqft
    2023-11-01 51 days 1,829 sqft
    2023-12-01 59 days 1,814 sqft
    2024-01-01 64 days 1,808 sqft
    2024-02-01 51 days 1,822 sqft
    2024-03-01 47 days 1,824 sqft
    2024-04-01 45 days 1,826 sqft
    2024-05-01 44 days 1,824 sqft
    2024-06-01 47 days 1,818 sqft
    2024-07-01 51 days 1,814 sqft
    2024-08-01 53 days 1,802 sqft
    2024-09-01 54 days 1,797 sqft
    2024-10-01 54 days 1,803 sqft
    2024-11-01 57 days 1,811 sqft
    2024-12-01 66 days 1,810 sqft
    2025-01-01 71 days 1,804 sqft
    2025-02-01 60 days 1,815 sqft
    2025-03-01 51 days 1,814 sqft
    2025-04-01 52 days 1,818 sqft
    Riverside's median listing age (time on market) for 2025-04-01 was 52 days. This is 14% longer than the same period one year ago.

    Riverside's median square footage for active listings during the 2025-04-01 period was 1,818 sqft. One year prior, the average listing was 1,826 sqft.