San Francisco USDA Loan Rates, Closing Costs & Stats

San Francisco-Oakland-Berkeley, CA

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's 3 lenders originated 98 USDA loans during 2021. The total origination value was $85,110,000, with an average USDA loan value of $868,469.

San Francisco USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in San Francisco averaged -0.25% for the week of 2022-11-25, compared to the national average (all USDA variants) of 0% for the same period.

San Francisco's average USDA mortgage closing costs are $11,079.

The average rate for the prior week (2022-11-18) was 6.4% and one month ago for the week of 2022-10-21, the average rate was 6.51%.

The average rate one year ago was 3.15%.

For refis of the same type during the week of 2022-11-25, the average rate was -0.28%.

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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
BROKER SOLUTIONS, INC. 1 2.75% $11,449
CALIBER HOME LOANS, INC. 1 2.75% $10,995
LOANDEPOT.COM, LLC 1 2.50% $11,953

The top San Francisco USDA lender as defined by loan originations is BROKER SOLUTIONS, INC., with 1 USDA loans originated. Their average total fees are $11,449, which is $454 higher than the next largest lender, CALIBER HOME LOANS, INC..

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 $843,722 (6.9%) $1,502,824 (14.4%) 3.13 2,294
2018-02-01 $898,500 (6.4%) $1,547,349 (12.0%) 3.26 2,716
2018-03-01 $949,000 (6.2%) $1,582,709 (10.9%) 3.33 3,122
2018-04-01 $986,856 (9.8%) $1,610,195 (8.1%) 3.35 3,620
2018-05-01 $996,500 (10.7%) $1,616,330 (8.3%) 3.33 4,074
2018-06-01 $988,000 (9.5%) $1,574,951 (5.9%) 3.29 4,494
2018-07-01 $927,500 (6.0%) $1,481,163 (3.8%) 3.09 4,809
2018-08-01 $889,000 (4.7%) $1,383,831 (-0.7%) 2.98 4,925
2018-09-01 $899,000 (2.8%) $1,401,721 (-4.4%) 3.02 5,961
2018-10-01 $899,000 (0.0%) $1,409,950 (-8.0%) 3.04 6,158
2018-11-01 $889,750 (-1.0%) $1,428,592 (-8.0%) 3.02 5,844
2018-12-01 $849,950 (-3.3%) $1,339,459 (-16.3%) 2.93 4,174
2019-01-01 $831,417 (-1.5%) $1,301,294 (-13.4%) 2.87 3,563
2019-02-01 $887,000 (-1.3%) $1,416,706 (-8.4%) 2.99 4,084
2019-03-01 $916,429 (-3.4%) $1,481,267 (-6.4%) 3.00 4,502
2019-04-01 $947,447 (-4.0%) $1,548,792 (-3.8%) 3.01 4,897
2019-05-01 $968,500 (-2.8%) $1,494,063 (-7.6%) 3.03 5,473
2019-06-01 $959,000 (-2.9%) $1,483,525 (-5.8%) 3.00 5,938
2019-07-01 $927,000 (-0.1%) $1,528,686 (3.2%) 2.90 5,843
2019-08-01 $913,364 (2.7%) $1,547,627 (11.8%) 2.89 5,915
2019-09-01 $933,409 (3.8%) $1,534,716 (9.5%) 2.99 6,028
2019-10-01 $949,500 (5.6%) $1,532,300 (8.7%) 3.06 6,088
2019-11-01 $949,000 (6.7%) $1,607,727 (12.5%) 3.11 4,972
2019-12-01 $899,000 (5.8%) $1,683,426 (25.7%) 3.00 3,003
2020-01-01 $893,500 (7.5%) $1,695,620 (30.3%) 2.99 2,576
2020-02-01 $995,000 (12.2%) $1,743,771 (23.1%) 3.25 3,101
2020-03-01 $998,900 (9.0%) $1,706,487 (15.2%) 3.13 3,539
2020-04-01 $954,500 (0.7%) $1,532,245 (-1.1%) 2.99 3,432
2020-05-01 $999,750 (3.2%) $1,608,833 (7.7%) 3.04 4,595
2020-06-01 $1,076,600 (12.3%) $1,659,310 (11.9%) 3.17 4,967
2020-07-01 $1,091,500 (17.8%) $1,677,197 (9.7%) 3.16 5,075
2020-08-01 $1,050,000 (15.0%) $1,671,450 (8.0%) 3.01 5,217
2020-09-01 $1,050,000 (12.5%) $1,674,338 (9.1%) 3.01 5,417
2020-10-01 $1,068,888 (12.6%) $1,671,080 (9.1%) 3.06 5,824
2020-11-01 $1,049,000 (10.5%) $1,660,695 (3.3%) 3.06 5,184
2020-12-01 $998,000 (11.0%) $1,706,716 (1.4%) 2.97 3,729
2021-01-01 $988,800 (10.7%) $1,743,886 (2.9%) 2.95 3,052
2021-02-01 $999,452 (0.5%) $1,769,296 (1.5%) 2.91 3,244
2021-03-01 $1,013,225 (1.4%) $1,855,249 (8.7%) 2.87 3,385
2021-04-01 $1,049,500 (10.0%) $1,862,267 (21.5%) 2.84 3,472
2021-05-01 $1,079,000 (7.9%) $1,868,297 (16.1%) 2.85 3,510
2021-06-01 $1,062,400 (-1.3%) $1,793,058 (8.1%) 2.80 3,914
2021-07-01 $999,000 (-8.5%) $1,683,483 (0.4%) 2.63 4,255
2021-08-01 $995,000 (-5.2%) $1,640,252 (-1.9%) 2.65 4,278
2021-09-01 $993,000 (-5.4%) $1,694,004 (1.2%) 2.65 4,619
2021-10-01 $995,400 (-6.9%) $1,755,411 (5.1%) 2.65 4,585
2021-11-01 $983,472 (-6.3%) $1,866,214 (12.4%) 2.63 3,564
2021-12-01 $946,238 (-5.2%) $1,841,100 (7.9%) 2.56 2,343
2022-01-01 $949,000 (-4.0%) $1,739,182 (-0.3%) 2.57 2,046
2022-02-01 $992,000 (-0.8%) $1,751,144 (-1.0%) 2.58 2,494
2022-03-01 $1,047,000 (3.3%) $1,729,752 (-6.8%) 2.62 3,020
2022-04-01 $1,098,000 (4.6%) $1,750,294 (-6.0%) 2.62 3,407
2022-05-01 $1,119,472 (3.8%) $1,729,522 (-7.4%) 2.56 4,628
2022-06-01 $1,144,444 (7.7%) $1,716,296 (-4.3%) 2.55 5,692
2022-07-01 $1,098,000 (9.9%) $1,625,616 (-3.4%) 2.48 6,258
2022-08-01 $1,037,500 (4.3%) $1,566,737 (-4.5%) 2.40 5,983
2022-09-01 $1,088,500 (9.6%) $1,645,706 (-2.9%) 2.55 5,936
2022-10-01 $1,089,000 (9.4%) $1,691,093 (-3.7%) 2.56 6,040
San Francisco's median listing price for 2022-10-01 was $1,089,000, a difference of $93,600 (9.4%) versus the prior year and $500 versus the prior month.

San Francisco's median listing price comes in at 256% of the national average.

San Francisco's average listing price for 2022-10-01 was $1,691,093, a difference of $-64,318 (-3.7%) versus the prior year and $45,387 versus the prior month.

For the 2022-10-01 period, San Francisco had 6,040 MLS listings, a difference of 104 listings (2%) versus the prior month and 1,455 listings (32%) 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 31 days 1,719 sqft
2018-02-01 19 days 1,742 sqft
2018-03-01 21 days 1,763 sqft
2018-04-01 23 days 1,798 sqft
2018-05-01 21 days 1,811 sqft
2018-06-01 24 days 1,784 sqft
2018-07-01 29 days 1,743 sqft
2018-08-01 30 days 1,714 sqft
2018-09-01 27 days 1,696 sqft
2018-10-01 31 days 1,695 sqft
2018-11-01 37 days 1,664 sqft
2018-12-01 50 days 1,620 sqft
2019-01-01 49 days 1,604 sqft
2019-02-01 26 days 1,642 sqft
2019-03-01 28 days 1,710 sqft
2019-04-01 26 days 1,777 sqft
2019-05-01 26 days 1,821 sqft
2019-06-01 32 days 1,796 sqft
2019-07-01 37 days 1,763 sqft
2019-08-01 36 days 1,745 sqft
2019-09-01 36 days 1,723 sqft
2019-10-01 37 days 1,705 sqft
2019-11-01 50 days 1,697 sqft
2019-12-01 68 days 1,708 sqft
2020-01-01 54 days 1,681 sqft
2020-02-01 23 days 1,720 sqft
2020-03-01 25 days 1,755 sqft
2020-04-01 39 days 1,757 sqft
2020-05-01 32 days 1,760 sqft
2020-06-01 32 days 1,710 sqft
2020-07-01 33 days 1,635 sqft
2020-08-01 36 days 1,588 sqft
2020-09-01 36 days 1,549 sqft
2020-10-01 35 days 1,540 sqft
2020-11-01 45 days 1,516 sqft
2020-12-01 57 days 1,488 sqft
2021-01-01 51 days 1,461 sqft
2021-02-01 28 days 1,481 sqft
2021-03-01 29 days 1,523 sqft
2021-04-01 30 days 1,549 sqft
2021-05-01 28 days 1,573 sqft
2021-06-01 28 days 1,555 sqft
2021-07-01 27 days 1,548 sqft
2021-08-01 29 days 1,546 sqft
2021-09-01 29 days 1,534 sqft
2021-10-01 30 days 1,515 sqft
2021-11-01 40 days 1,498 sqft
2021-12-01 48 days 1,452 sqft
2022-01-01 39 days 1,419 sqft
2022-02-01 20 days 1,453 sqft
2022-03-01 22 days 1,507 sqft
2022-04-01 23 days 1,539 sqft
2022-05-01 23 days 1,573 sqft
2022-06-01 25 days 1,600 sqft
2022-07-01 31 days 1,584 sqft
2022-08-01 36 days 1,571 sqft
2022-09-01 38 days 1,594 sqft
2022-10-01 38 days 1,608 sqft
San Francisco's median listing age (time on market) for 2022-10-01 was 38 days. This is 27% longer than the same period one year ago.

San Francisco's median square footage for active listings during the 2022-10-01 period was 1,608 sqft. One year prior, the average listing was 1,515 sqft.