San Antonio USDA Loans
SAN ANTONIO-NEW BRAUNFELS, 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.
San Antonio's 71 lenders originated 532 USDA loans during 2021. The total origination value was $126,180,000, with an average USDA loan value of $237,180.
San Antonio USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in San Antonio
averaged
5.52%
for the week of 2022-05-13, compared to the national average (all USDA variants) of
5.294% for the same period.
The average rate for the prior week (2022-05-06) was
5.26% and
one month ago for the week of 2022-04-08, the
average rate was 4.92%.
The average rate one year ago was 2.93%.
For refis of the same type during the week of 2022-05-13, the average rate
was 4.97%.
San Antonio USDA Loan Lenders by Rates & Fees
The below table looks at the average fees and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the San Antonio level.
The top San Antonio USDA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with
121 USDA loans originated. Their average total fees are
$5,933, which is $2,251
higher than the next largest lender,
PULTE MORTGAGE LLC.
The lowest fee San Antonio USDA lenders (with over 10 loans originated) are
PULTE MORTGAGE LLC ($3,683), ARK-LA-TEX FINANCIAL SERVICES, LLC. ($4,946), EAGLE HOME MORTGAGE, LLC ($5,567), DHI MORTGAGE COMPANY, LTD. ($5,933) and LOANDEPOT.COM, LLC ($7,337).
The lowest rate San Antonio USDA lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (2.65%), EAGLE HOME MORTGAGE, LLC (2.77%), FBC MORTGAGE, LLC (2.84%), ARK-LA-TEX FINANCIAL SERVICES, LLC. (2.92%) and AMCAP MORTGAGE, LTD. (2.92%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - San Antonio (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $291,995 (1.0%) | $389,454 (2.7%) | 1.08 | 8,179 |
2018-02-01 | $292,039 (0.5%) | $391,802 (2.2%) | 1.05 | 8,251 |
2018-03-01 | $299,000 (0.4%) | $395,188 (1.8%) | 1.03 | 8,460 |
2018-04-01 | $299,999 (0.3%) | $397,957 (0.3%) | 1.01 | 8,548 |
2018-05-01 | $303,250 (1.4%) | $400,933 (0.9%) | 1.01 | 8,978 |
2018-06-01 | $309,000 (3.0%) | $405,345 (1.5%) | 1.03 | 9,525 |
2018-07-01 | $301,500 (0.8%) | $402,290 (1.8%) | 1.01 | 9,906 |
2018-08-01 | $299,945 (2.7%) | $399,299 (3.0%) | 1.00 | 10,180 |
2018-09-01 | $295,000 (1.7%) | $394,107 (2.6%) | 0.99 | 9,989 |
2018-10-01 | $291,966 (0.7%) | $390,098 (1.7%) | 0.98 | 9,886 |
2018-11-01 | $290,000 (0.0%) | $385,495 (-0.5%) | 0.97 | 9,788 |
2018-12-01 | $289,990 (-1.4%) | $381,452 (-2.1%) | 0.99 | 9,426 |
2019-01-01 | $289,999 (-0.7%) | $379,075 (-2.7%) | 1.00 | 8,862 |
2019-02-01 | $289,950 (-0.7%) | $378,135 (-3.5%) | 0.97 | 8,904 |
2019-03-01 | $296,223 (-0.9%) | $385,872 (-2.4%) | 0.97 | 9,102 |
2019-04-01 | $299,950 (0.0%) | $394,244 (-0.9%) | 0.94 | 9,609 |
2019-05-01 | $300,000 (-1.1%) | $399,077 (-0.5%) | 0.92 | 9,927 |
2019-06-01 | $299,990 (-2.9%) | $399,468 (-1.5%) | 0.92 | 10,396 |
2019-07-01 | $299,900 (-0.5%) | $397,414 (-1.2%) | 0.93 | 10,714 |
2019-08-01 | $295,100 (-1.6%) | $390,027 (-2.3%) | 0.93 | 11,434 |
2019-09-01 | $289,900 (-1.7%) | $381,920 (-3.1%) | 0.92 | 11,641 |
2019-10-01 | $289,900 (-0.7%) | $383,176 (-1.8%) | 0.92 | 10,763 |
2019-11-01 | $287,000 (-1.0%) | $377,128 (-2.2%) | 0.93 | 10,514 |
2019-12-01 | $284,800 (-1.8%) | $373,934 (-2.0%) | 0.95 | 10,286 |
2020-01-01 | $285,292 (-1.6%) | $375,376 (-1.0%) | 0.95 | 9,666 |
2020-02-01 | $289,000 (-0.3%) | $383,995 (1.6%) | 0.93 | 9,411 |
2020-03-01 | $299,900 (1.2%) | $398,354 (3.2%) | 0.94 | 9,179 |
2020-04-01 | $299,900 (0.0%) | $394,700 (0.1%) | 0.93 | 9,463 |
2020-05-01 | $308,990 (3.0%) | $410,201 (2.8%) | 0.94 | 9,031 |
2020-06-01 | $320,634 (6.9%) | $429,447 (7.5%) | 0.94 | 7,921 |
2020-07-01 | $318,995 (6.4%) | $426,653 (7.4%) | 0.91 | 7,417 |
2020-08-01 | $317,900 (7.7%) | $427,912 (9.7%) | 0.91 | 6,999 |
2020-09-01 | $315,000 (8.7%) | $436,161 (14.2%) | 0.90 | 6,648 |
2020-10-01 | $309,000 (6.6%) | $431,691 (12.7%) | 0.88 | 6,368 |
2020-11-01 | $301,495 (5.1%) | $425,169 (12.7%) | 0.86 | 6,159 |
2020-12-01 | $297,250 (4.4%) | $416,410 (11.4%) | 0.87 | 5,593 |
2021-01-01 | $295,000 (3.4%) | $417,182 (11.1%) | 0.87 | 4,718 |
2021-02-01 | $302,500 (4.7%) | $433,053 (12.8%) | 0.87 | 3,883 |
2021-03-01 | $309,838 (3.3%) | $448,249 (12.5%) | 0.87 | 3,186 |
2021-04-01 | $313,500 (4.5%) | $468,100 (18.6%) | 0.84 | 2,785 |
2021-05-01 | $315,000 (2.0%) | $469,393 (14.4%) | 0.83 | 2,889 |
2021-06-01 | $324,344 (1.2%) | $472,667 (10.1%) | 0.84 | 3,346 |
2021-07-01 | $335,000 (5.0%) | $477,455 (11.9%) | 0.87 | 3,930 |
2021-08-01 | $349,700 (10.0%) | $474,127 (10.8%) | 0.92 | 4,805 |
2021-09-01 | $345,500 (9.7%) | $468,033 (7.3%) | 0.91 | 4,983 |
2021-10-01 | $349,000 (12.9%) | $471,577 (9.2%) | 0.92 | 4,828 |
2021-11-01 | $347,250 (15.2%) | $479,265 (12.7%) | 0.92 | 4,493 |
2021-12-01 | $349,990 (17.7%) | $480,703 (15.4%) | 0.93 | 4,243 |
2022-01-01 | $350,000 (18.6%) | $481,584 (15.4%) | 0.93 | 3,880 |
2022-02-01 | $346,673 (14.6%) | $482,421 (11.4%) | 0.88 | 3,159 |
2022-03-01 | $357,450 (15.4%) | $497,365 (11.0%) | 0.88 | 2,885 |
2022-04-01 | $377,130 (20.3%) | $506,441 (8.2%) | 0.89 | 3,137 |
San Antonio's median listing price comes in at 89% of the national average.
San Antonio's average listing price for 2022-04-01 was $506,441, a difference of $38,341 (8.2%) versus the prior year and $9,076 versus the prior month.
For the 2022-04-01 period, San Antonio had 3,137 MLS listings, a difference of 252 listings (9%) versus the prior month and 352 listings (13%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - San Antonio (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 78 days | 2,374 sqft |
2018-02-01 | 70 days | 2,385 sqft |
2018-03-01 | 55 days | 2,399 sqft |
2018-04-01 | 52 days | 2,424 sqft |
2018-05-01 | 52 days | 2,436 sqft |
2018-06-01 | 52 days | 2,437 sqft |
2018-07-01 | 52 days | 2,419 sqft |
2018-08-01 | 55 days | 2,411 sqft |
2018-09-01 | 59 days | 2,393 sqft |
2018-10-01 | 66 days | 2,353 sqft |
2018-11-01 | 68 days | 2,326 sqft |
2018-12-01 | 73 days | 2,318 sqft |
2019-01-01 | 76 days | 2,305 sqft |
2019-02-01 | 71 days | 2,312 sqft |
2019-03-01 | 55 days | 2,333 sqft |
2019-04-01 | 52 days | 2,347 sqft |
2019-05-01 | 52 days | 2,348 sqft |
2019-06-01 | 55 days | 2,340 sqft |
2019-07-01 | 55 days | 2,333 sqft |
2019-08-01 | 57 days | 2,300 sqft |
2019-09-01 | 65 days | 2,268 sqft |
2019-10-01 | 62 days | 2,261 sqft |
2019-11-01 | 62 days | 2,247 sqft |
2019-12-01 | 69 days | 2,224 sqft |
2020-01-01 | 75 days | 2,216 sqft |
2020-02-01 | 71 days | 2,221 sqft |
2020-03-01 | 58 days | 2,249 sqft |
2020-04-01 | 57 days | 2,254 sqft |
2020-05-01 | 63 days | 2,277 sqft |
2020-06-01 | 63 days | 2,291 sqft |
2020-07-01 | 58 days | 2,272 sqft |
2020-08-01 | 50 days | 2,275 sqft |
2020-09-01 | 49 days | 2,241 sqft |
2020-10-01 | 50 days | 2,198 sqft |
2020-11-01 | 48 days | 2,150 sqft |
2020-12-01 | 55 days | 2,097 sqft |
2021-01-01 | 64 days | 2,048 sqft |
2021-02-01 | 51 days | 2,029 sqft |
2021-03-01 | 48 days | 2,007 sqft |
2021-04-01 | 41 days | 2,032 sqft |
2021-05-01 | 36 days | 2,008 sqft |
2021-06-01 | 34 days | 2,036 sqft |
2021-07-01 | 35 days | 2,062 sqft |
2021-08-01 | 34 days | 2,124 sqft |
2021-09-01 | 40 days | 2,078 sqft |
2021-10-01 | 44 days | 2,058 sqft |
2021-11-01 | 45 days | 2,035 sqft |
2021-12-01 | 50 days | 2,036 sqft |
2022-01-01 | 56 days | 2,005 sqft |
2022-02-01 | 47 days | 1,936 sqft |
2022-03-01 | 39 days | 1,964 sqft |
2022-04-01 | 35 days | 2,029 sqft |
San Antonio's median square footage for active listings during the 2022-04-01 period was 2,029 sqft. One year prior, the average listing was 2,032 sqft.