San Antonio USDA Loan Rates, Closing Costs & Stats
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
-0.17%
for the week of 2023-01-20, compared to the national average (all USDA variants) of
0% for the same period.
San Antonio's average USDA mortgage closing costs are $6,584.
The average rate for the prior week (2023-01-13) was
6.27% and
one month ago for the week of 2022-12-16, the
average rate was 6.15%.
The average rate one year ago was 3.87%.
For refis of the same type during the week of 2023-01-20, the average rate
was -0.12%.
San Antonio 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 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 | $283,925 (-0.2%) | $373,914 (0.4%) | 1.05 | 7,238 |
2018-02-01 | $284,985 (-1.0%) | $375,278 (-0.3%) | 1.03 | 7,291 |
2018-03-01 | $291,000 (-0.3%) | $381,195 (-0.1%) | 1.02 | 7,397 |
2018-04-01 | $299,000 (1.5%) | $385,291 (-1.6%) | 1.01 | 7,438 |
2018-05-01 | $299,700 (1.6%) | $388,679 (-0.9%) | 1.00 | 7,778 |
2018-06-01 | $299,500 (1.2%) | $390,288 (-0.7%) | 1.00 | 8,254 |
2018-07-01 | $295,000 (0.9%) | $387,039 (-0.3%) | 0.98 | 8,612 |
2018-08-01 | $291,088 (1.8%) | $382,619 (0.5%) | 0.97 | 8,889 |
2018-09-01 | $287,000 (1.4%) | $379,425 (0.7%) | 0.96 | 8,706 |
2018-10-01 | $285,443 (1.9%) | $378,347 (1.5%) | 0.96 | 8,695 |
2018-11-01 | $285,000 (1.8%) | $373,154 (0.2%) | 0.97 | 8,639 |
2018-12-01 | $285,000 (1.4%) | $372,951 (0.3%) | 0.98 | 8,408 |
2019-01-01 | $285,000 (0.4%) | $371,088 (-0.8%) | 0.98 | 7,936 |
2019-02-01 | $285,700 (0.3%) | $370,065 (-1.4%) | 0.96 | 7,992 |
2019-03-01 | $291,619 (0.2%) | $377,457 (-1.0%) | 0.95 | 8,155 |
2019-04-01 | $295,500 (-1.2%) | $385,313 (0.0%) | 0.94 | 8,587 |
2019-05-01 | $295,450 (-1.4%) | $389,487 (0.2%) | 0.92 | 8,873 |
2019-06-01 | $295,000 (-1.5%) | $389,844 (-0.1%) | 0.92 | 9,199 |
2019-07-01 | $293,500 (-0.5%) | $387,898 (0.2%) | 0.92 | 9,426 |
2019-08-01 | $288,356 (-0.9%) | $383,403 (0.2%) | 0.91 | 9,471 |
2019-09-01 | $285,905 (-0.4%) | $378,355 (-0.3%) | 0.91 | 9,461 |
2019-10-01 | $283,000 (-0.9%) | $372,981 (-1.4%) | 0.91 | 9,501 |
2019-11-01 | $279,900 (-1.8%) | $366,193 (-1.9%) | 0.92 | 9,368 |
2019-12-01 | $278,900 (-2.1%) | $363,031 (-2.7%) | 0.93 | 9,159 |
2020-01-01 | $279,000 (-2.1%) | $362,564 (-2.3%) | 0.93 | 8,653 |
2020-02-01 | $282,700 (-1.1%) | $372,520 (0.7%) | 0.92 | 8,453 |
2020-03-01 | $289,450 (-0.7%) | $379,566 (0.6%) | 0.91 | 8,186 |
2020-04-01 | $288,879 (-2.2%) | $374,556 (-2.8%) | 0.90 | 8,374 |
2020-05-01 | $295,000 (-0.2%) | $390,202 (0.2%) | 0.90 | 8,033 |
2020-06-01 | $302,499 (2.5%) | $404,540 (3.8%) | 0.89 | 7,085 |
2020-07-01 | $308,250 (5.0%) | $411,861 (6.2%) | 0.89 | 6,660 |
2020-08-01 | $300,289 (4.1%) | $410,469 (7.1%) | 0.86 | 6,286 |
2020-09-01 | $299,000 (4.6%) | $411,002 (8.6%) | 0.86 | 6,052 |
2020-10-01 | $295,318 (4.4%) | $407,600 (9.3%) | 0.85 | 5,823 |
2020-11-01 | $293,421 (4.8%) | $405,003 (10.6%) | 0.86 | 5,536 |
2020-12-01 | $290,000 (4.0%) | $398,951 (9.9%) | 0.86 | 5,076 |
2021-01-01 | $289,900 (3.9%) | $403,439 (11.3%) | 0.87 | 4,346 |
2021-02-01 | $296,014 (4.7%) | $420,600 (12.9%) | 0.86 | 3,595 |
2021-03-01 | $298,473 (3.1%) | $430,299 (13.4%) | 0.85 | 2,981 |
2021-04-01 | $303,245 (5.0%) | $448,201 (19.7%) | 0.82 | 2,633 |
2021-05-01 | $307,500 (4.2%) | $449,000 (15.1%) | 0.81 | 2,724 |
2021-06-01 | $315,000 (4.1%) | $456,184 (12.8%) | 0.83 | 3,174 |
2021-07-01 | $325,000 (5.4%) | $464,593 (12.8%) | 0.86 | 3,731 |
2021-08-01 | $335,500 (11.7%) | $454,561 (10.7%) | 0.89 | 4,472 |
2021-09-01 | $330,000 (10.4%) | $447,643 (8.9%) | 0.88 | 4,601 |
2021-10-01 | $333,000 (12.8%) | $453,993 (11.4%) | 0.89 | 4,460 |
2021-11-01 | $331,500 (13.0%) | $458,102 (13.1%) | 0.89 | 4,205 |
2021-12-01 | $337,279 (16.3%) | $462,911 (16.0%) | 0.91 | 3,953 |
2022-01-01 | $339,500 (17.1%) | $465,817 (15.5%) | 0.92 | 3,593 |
2022-02-01 | $335,885 (13.5%) | $465,041 (10.6%) | 0.87 | 2,930 |
2022-03-01 | $344,750 (15.5%) | $474,524 (10.3%) | 0.86 | 2,698 |
2022-04-01 | $359,900 (18.7%) | $489,435 (9.2%) | 0.86 | 2,903 |
2022-05-01 | $378,545 (23.1%) | $502,283 (11.9%) | 0.87 | 3,810 |
2022-06-01 | $381,495 (21.1%) | $508,394 (11.5%) | 0.85 | 4,637 |
2022-07-01 | $375,000 (15.4%) | $493,121 (6.1%) | 0.85 | 6,076 |
2022-08-01 | $361,896 (7.9%) | $480,303 (5.7%) | 0.84 | 7,234 |
2022-09-01 | $359,710 (9.0%) | $472,839 (5.6%) | 0.84 | 7,531 |
2022-10-01 | $355,000 (6.6%) | $469,510 (3.4%) | 0.84 | 8,032 |
2022-11-01 | $349,999 (5.6%) | $458,923 (0.2%) | 0.84 | 8,274 |
2022-12-01 | $349,000 (3.5%) | $457,248 (-1.2%) | 0.87 | 7,879 |
San Antonio's median listing price comes in at 87% of the national average.
San Antonio's average listing price for 2022-12-01 was $457,248, a difference of $-5,663 (-1.2%) versus the prior year and $-1,675 versus the prior month.
For the 2022-12-01 period, San Antonio had 7,879 MLS listings, a difference of -395 listings (-5%) versus the prior month and 3,926 listings (99%) 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 | 2,336 sqft |
2018-02-01 | 72 days | 2,352 sqft |
2018-03-01 | 57 days | 2,380 sqft |
2018-04-01 | 53 days | 2,408 sqft |
2018-05-01 | 53 days | 2,419 sqft |
2018-06-01 | 52 days | 2,407 sqft |
2018-07-01 | 55 days | 2,391 sqft |
2018-08-01 | 59 days | 2,380 sqft |
2018-09-01 | 63 days | 2,356 sqft |
2018-10-01 | 65 days | 2,336 sqft |
2018-11-01 | 67 days | 2,311 sqft |
2018-12-01 | 72 days | 2,303 sqft |
2019-01-01 | 76 days | 2,289 sqft |
2019-02-01 | 71 days | 2,299 sqft |
2019-03-01 | 60 days | 2,318 sqft |
2019-04-01 | 52 days | 2,329 sqft |
2019-05-01 | 52 days | 2,326 sqft |
2019-06-01 | 54 days | 2,323 sqft |
2019-07-01 | 55 days | 2,323 sqft |
2019-08-01 | 57 days | 2,294 sqft |
2019-09-01 | 59 days | 2,264 sqft |
2019-10-01 | 61 days | 2,241 sqft |
2019-11-01 | 61 days | 2,234 sqft |
2019-12-01 | 69 days | 2,194 sqft |
2020-01-01 | 75 days | 2,183 sqft |
2020-02-01 | 72 days | 2,194 sqft |
2020-03-01 | 65 days | 2,224 sqft |
2020-04-01 | 65 days | 2,220 sqft |
2020-05-01 | 67 days | 2,241 sqft |
2020-06-01 | 72 days | 2,244 sqft |
2020-07-01 | 59 days | 2,241 sqft |
2020-08-01 | 56 days | 2,239 sqft |
2020-09-01 | 58 days | 2,182 sqft |
2020-10-01 | 58 days | 2,147 sqft |
2020-11-01 | 57 days | 2,104 sqft |
2020-12-01 | 61 days | 2,064 sqft |
2021-01-01 | 63 days | 2,030 sqft |
2021-02-01 | 51 days | 1,980 sqft |
2021-03-01 | 48 days | 1,961 sqft |
2021-04-01 | 40 days | 1,995 sqft |
2021-05-01 | 36 days | 1,992 sqft |
2021-06-01 | 33 days | 2,014 sqft |
2021-07-01 | 34 days | 2,042 sqft |
2021-08-01 | 33 days | 2,084 sqft |
2021-09-01 | 39 days | 2,029 sqft |
2021-10-01 | 44 days | 2,000 sqft |
2021-11-01 | 45 days | 1,994 sqft |
2021-12-01 | 50 days | 1,991 sqft |
2022-01-01 | 55 days | 1,966 sqft |
2022-02-01 | 44 days | 1,912 sqft |
2022-03-01 | 38 days | 1,920 sqft |
2022-04-01 | 34 days | 1,979 sqft |
2022-05-01 | 30 days | 2,042 sqft |
2022-06-01 | 31 days | 2,057 sqft |
2022-07-01 | 31 days | 2,051 sqft |
2022-08-01 | 40 days | 2,031 sqft |
2022-09-01 | 48 days | 2,029 sqft |
2022-10-01 | 54 days | 2,021 sqft |
2022-11-01 | 58 days | 2,013 sqft |
2022-12-01 | 68 days | 2,000 sqft |
San Antonio's median square footage for active listings during the 2022-12-01 period was 2,000 sqft. One year prior, the average listing was 1,991 sqft.