San Francisco USDA Loan Rates, Closing Costs & Stats

San Francisco-Oakland-Berkeley, 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.

    San Francisco USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in San Francisco averaged 5.91% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    San Francisco's average USDA mortgage closing costs are $11,568.

    The average rate for the prior week (2024-12-06) was 6.25% and one month ago for the week of 2024-11-08, the average rate was 5.96%.

    The average rate one year ago was 6.63%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.11%.

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

    San Francisco 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 Francisco level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - San Francisco (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 $843,944 (6.9%) $1,503,769 (14.4%) 3.13 2,292
    2018-02-01 $898,944 (6.3%) $1,548,177 (12.1%) 3.26 2,714
    2018-03-01 $949,499 (6.2%) $1,583,415 (10.9%) 3.33 3,120
    2018-04-01 $987,500 (9.8%) $1,611,232 (8.1%) 3.35 3,617
    2018-05-01 $996,500 (10.7%) $1,618,157 (8.4%) 3.33 4,067
    2018-06-01 $988,000 (9.5%) $1,576,500 (6.0%) 3.29 4,489
    2018-07-01 $929,000 (6.2%) $1,483,373 (3.9%) 3.10 4,799
    2018-08-01 $890,000 (4.8%) $1,385,964 (-0.6%) 2.98 4,914
    2018-09-01 $899,000 (2.8%) $1,402,963 (-4.4%) 3.02 5,954
    2018-10-01 $899,000 (0.0%) $1,411,172 (-8.1%) 3.04 6,152
    2018-11-01 $890,000 (-1.0%) $1,429,547 (-8.0%) 3.02 5,841
    2018-12-01 $849,950 (-3.3%) $1,339,856 (-16.4%) 2.93 4,173
    2019-01-01 $831,417 (-1.5%) $1,301,294 (-13.5%) 2.87 3,563
    2019-02-01 $887,000 (-1.3%) $1,416,770 (-8.5%) 3.00 4,084
    2019-03-01 $916,429 (-3.5%) $1,481,212 (-6.5%) 3.00 4,499
    2019-04-01 $947,000 (-4.1%) $1,548,778 (-3.9%) 3.01 4,891
    2019-05-01 $968,500 (-2.8%) $1,495,371 (-7.6%) 3.03 5,464
    2019-06-01 $959,975 (-2.8%) $1,484,222 (-5.9%) 3.00 5,923
    2019-07-01 $927,000 (-0.2%) $1,530,652 (3.2%) 2.90 5,827
    2019-08-01 $919,182 (3.3%) $1,549,914 (11.8%) 2.91 5,897
    2019-09-01 $935,955 (4.1%) $1,537,212 (9.6%) 3.00 6,009
    2019-10-01 $949,500 (5.6%) $1,534,928 (8.8%) 3.06 6,068
    2019-11-01 $949,000 (6.6%) $1,610,397 (12.7%) 3.11 4,956
    2019-12-01 $899,000 (5.8%) $1,687,094 (25.9%) 3.00 2,987
    2020-01-01 $893,500 (7.5%) $1,700,818 (30.7%) 2.99 2,560
    2020-02-01 $997,500 (12.5%) $1,747,524 (23.4%) 3.27 3,087
    2020-03-01 $998,944 (9.0%) $1,709,823 (15.4%) 3.13 3,525
    2020-04-01 $959,233 (1.3%) $1,535,131 (-0.9%) 3.00 3,417
    2020-05-01 $999,894 (3.2%) $1,611,448 (7.8%) 3.04 4,580
    2020-06-01 $1,078,750 (12.4%) $1,662,466 (12.0%) 3.18 4,950
    2020-07-01 $1,091,500 (17.8%) $1,680,032 (9.8%) 3.16 5,059
    2020-08-01 $1,050,000 (14.2%) $1,673,766 (8.0%) 3.01 5,202
    2020-09-01 $1,052,500 (12.5%) $1,676,954 (9.1%) 3.02 5,401
    2020-10-01 $1,070,833 (12.8%) $1,673,980 (9.1%) 3.07 5,806
    2020-11-01 $1,049,450 (10.6%) $1,663,582 (3.3%) 3.07 5,168
    2020-12-01 $998,462 (11.1%) $1,711,270 (1.4%) 2.97 3,713
    2021-01-01 $989,000 (10.7%) $1,749,265 (2.9%) 2.95 3,034
    2021-02-01 $999,500 (0.2%) $1,774,344 (1.5%) 2.91 3,230
    2021-03-01 $1,014,498 (1.6%) $1,858,547 (8.7%) 2.88 3,372
    2021-04-01 $1,049,500 (9.4%) $1,866,299 (21.6%) 2.84 3,458
    2021-05-01 $1,079,975 (8.0%) $1,871,839 (16.2%) 2.87 3,497
    2021-06-01 $1,067,000 (-1.1%) $1,795,178 (8.0%) 2.81 3,898
    2021-07-01 $999,000 (-8.5%) $1,684,450 (0.3%) 2.64 4,242
    2021-08-01 $995,000 (-5.2%) $1,641,359 (-1.9%) 2.65 4,264
    2021-09-01 $993,950 (-5.6%) $1,695,801 (1.1%) 2.65 4,600
    2021-10-01 $997,000 (-6.9%) $1,757,206 (5.0%) 2.66 4,566
    2021-11-01 $984,225 (-6.2%) $1,870,181 (12.4%) 2.63 3,545
    2021-12-01 $952,450 (-4.6%) $1,845,434 (7.8%) 2.58 2,327
    2022-01-01 $949,000 (-4.0%) $1,752,366 (0.2%) 2.57 2,030
    2022-02-01 $992,000 (-0.8%) $1,755,628 (-1.1%) 2.58 2,479
    2022-03-01 $1,047,000 (3.2%) $1,732,512 (-6.8%) 2.62 3,007
    2022-04-01 $1,098,000 (4.6%) $1,753,815 (-6.0%) 2.62 3,394
    2022-05-01 $1,124,000 (4.1%) $1,732,777 (-7.4%) 2.57 4,615
    2022-06-01 $1,146,250 (7.4%) $1,718,715 (-4.3%) 2.55 5,679
    2022-07-01 $1,098,000 (9.9%) $1,625,819 (-3.5%) 2.47 6,244
    2022-08-01 $1,043,073 (4.8%) $1,568,223 (-4.5%) 2.41 5,968
    2022-09-01 $1,089,500 (9.6%) $1,647,727 (-2.8%) 2.55 5,921
    2022-10-01 $1,090,000 (9.3%) $1,692,678 (-3.7%) 2.56 6,026
    2022-11-01 $1,037,000 (5.4%) $1,691,530 (-9.6%) 2.49 5,367
    2022-12-01 $993,210 (4.3%) $1,665,724 (-9.7%) 2.45 3,655
    2023-01-01 $978,500 (3.1%) $1,644,202 (-6.2%) 2.42 2,987
    2023-02-01 $1,002,500 (1.1%) $1,758,715 (0.2%) 2.42 3,089
    2023-03-01 $1,081,250 (3.3%) $1,802,971 (4.1%) 2.55 3,163
    2023-04-01 $1,150,000 (4.7%) $1,887,916 (7.7%) 2.67 3,341
    2023-05-01 $1,179,000 (4.9%) $1,940,457 (12.0%) 2.67 3,691
    2023-06-01 $1,150,000 (0.3%) $1,939,483 (12.8%) 2.58 3,977
    2023-07-01 $1,100,000 (0.2%) $1,837,754 (13.0%) 2.50 4,036
    2023-08-01 $1,049,444 (0.6%) $1,729,983 (10.3%) 2.41 4,093
    2023-09-01 $1,095,000 (0.5%) $1,758,073 (6.7%) 2.55 4,813
    2023-10-01 $1,098,000 (0.7%) $1,768,808 (4.5%) 2.58 5,053
    2023-11-01 $1,067,000 (2.9%) $1,755,081 (3.8%) 2.54 4,671
    2023-12-01 $998,000 (0.5%) $1,710,145 (2.7%) 2.43 3,094
    2024-01-01 $944,475 (-3.5%) $1,624,731 (-1.2%) 2.31 2,702
    2024-02-01 $989,444 (-1.3%) $1,692,960 (-3.7%) 2.38 3,028
    2024-03-01 $999,000 (-7.6%) $1,756,535 (-2.6%) 2.35 3,587
    2024-04-01 $1,026,500 (-10.7%) $1,789,879 (-5.2%) 2.39 4,354
    2024-05-01 $1,041,406 (-11.7%) $1,847,125 (-4.8%) 2.35 5,048
    2024-06-01 $998,994 (-13.1%) $1,753,398 (-9.6%) 2.24 5,541
    2024-07-01 $995,000 (-9.6%) $1,636,402 (-11.0%) 2.27 5,508
    2024-08-01 $969,000 (-7.7%) $1,552,777 (-10.2%) 2.25 5,374
    2024-09-01 $997,500 (-8.9%) $1,602,783 (-8.8%) 2.35 6,139
    2024-10-01 $996,500 (-9.2%) $1,606,843 (-9.2%) 2.35 6,140
    2024-11-01 $969,498 (-9.1%) $1,589,177 (-9.5%) 2.33 5,386
    San Francisco's median listing price for 2024-11-01 was $969,498, a difference of $-97,502 (-9.1%) versus the prior year and $-27,002 versus the prior month.

    San Francisco's median listing price comes in at 233% of the national average.

    San Francisco's average listing price for 2024-11-01 was $1,589,177, a difference of $-165,904 (-9.5%) versus the prior year and $-17,666 versus the prior month.

    For the 2024-11-01 period, San Francisco had 5,386 MLS listings, a difference of -754 listings (-12%) versus the prior month and 715 listings (15%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - San Francisco (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 30 days 1,719 sqft
    2018-02-01 19 days 1,746 sqft
    2018-03-01 20 days 1,766 sqft
    2018-04-01 22 days 1,800 sqft
    2018-05-01 21 days 1,814 sqft
    2018-06-01 24 days 1,788 sqft
    2018-07-01 29 days 1,746 sqft
    2018-08-01 29 days 1,716 sqft
    2018-09-01 26 days 1,698 sqft
    2018-10-01 31 days 1,696 sqft
    2018-11-01 37 days 1,667 sqft
    2018-12-01 50 days 1,621 sqft
    2019-01-01 48 days 1,606 sqft
    2019-02-01 26 days 1,644 sqft
    2019-03-01 28 days 1,711 sqft
    2019-04-01 26 days 1,779 sqft
    2019-05-01 26 days 1,822 sqft
    2019-06-01 31 days 1,796 sqft
    2019-07-01 36 days 1,763 sqft
    2019-08-01 36 days 1,747 sqft
    2019-09-01 35 days 1,724 sqft
    2019-10-01 36 days 1,706 sqft
    2019-11-01 49 days 1,698 sqft
    2019-12-01 66 days 1,708 sqft
    2020-01-01 53 days 1,684 sqft
    2020-02-01 23 days 1,723 sqft
    2020-03-01 24 days 1,754 sqft
    2020-04-01 38 days 1,756 sqft
    2020-05-01 31 days 1,760 sqft
    2020-06-01 31 days 1,714 sqft
    2020-07-01 33 days 1,638 sqft
    2020-08-01 36 days 1,589 sqft
    2020-09-01 36 days 1,549 sqft
    2020-10-01 34 days 1,541 sqft
    2020-11-01 45 days 1,518 sqft
    2020-12-01 56 days 1,489 sqft
    2021-01-01 49 days 1,464 sqft
    2021-02-01 27 days 1,482 sqft
    2021-03-01 29 days 1,525 sqft
    2021-04-01 29 days 1,551 sqft
    2021-05-01 27 days 1,576 sqft
    2021-06-01 27 days 1,559 sqft
    2021-07-01 26 days 1,549 sqft
    2021-08-01 29 days 1,546 sqft
    2021-09-01 28 days 1,536 sqft
    2021-10-01 30 days 1,516 sqft
    2021-11-01 39 days 1,500 sqft
    2021-12-01 47 days 1,454 sqft
    2022-01-01 37 days 1,419 sqft
    2022-02-01 18 days 1,452 sqft
    2022-03-01 22 days 1,507 sqft
    2022-04-01 23 days 1,538 sqft
    2022-05-01 22 days 1,573 sqft
    2022-06-01 24 days 1,600 sqft
    2022-07-01 30 days 1,585 sqft
    2022-08-01 36 days 1,571 sqft
    2022-09-01 38 days 1,593 sqft
    2022-10-01 37 days 1,607 sqft
    2022-11-01 46 days 1,593 sqft
    2022-12-01 61 days 1,560 sqft
    2023-01-01 62 days 1,552 sqft
    2023-02-01 33 days 1,557 sqft
    2023-03-01 34 days 1,573 sqft
    2023-04-01 31 days 1,625 sqft
    2023-05-01 31 days 1,637 sqft
    2023-06-01 32 days 1,631 sqft
    2023-07-01 34 days 1,615 sqft
    2023-08-01 33 days 1,593 sqft
    2023-09-01 29 days 1,588 sqft
    2023-10-01 35 days 1,576 sqft
    2023-11-01 42 days 1,563 sqft
    2023-12-01 58 days 1,524 sqft
    2024-01-01 49 days 1,470 sqft
    2024-02-01 29 days 1,460 sqft
    2024-03-01 27 days 1,489 sqft
    2024-04-01 28 days 1,529 sqft
    2024-05-01 23 days 1,562 sqft
    2024-06-01 29 days 1,550 sqft
    2024-07-01 38 days 1,543 sqft
    2024-08-01 37 days 1,513 sqft
    2024-09-01 33 days 1,537 sqft
    2024-10-01 38 days 1,539 sqft
    2024-11-01 51 days 1,518 sqft
    San Francisco's median listing age (time on market) for 2024-11-01 was 51 days. This is 21% longer than the same period one year ago.

    San Francisco's median square footage for active listings during the 2024-11-01 period was 1,518 sqft. One year prior, the average listing was 1,563 sqft.