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 1 lenders originated 2 USDA loans during 2022. The total origination value was $1,340,000, with an average USDA loan value of $670,000.

San Francisco USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in San Francisco averaged -1.02% for the week of 2024-02-23, compared to the national average (all USDA variants) of 0% for the same period.

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

The average rate for the prior week (2024-02-16) was 5.76% and one month ago for the week of 2024-01-19, the average rate was 5.44%.

The average rate one year ago was 5.45%.

For refis of the same type during the week of 2024-02-23, the average rate was -1.85%.

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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 6.25% $17,928

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
San Francisco's median listing price for 2023-12-01 was $998,000, a difference of $4,790 (0.5%) versus the prior year and $-69,000 versus the prior month.

San Francisco's median listing price comes in at 243% of the national average.

San Francisco's average listing price for 2023-12-01 was $1,710,145, a difference of $44,421 (2.7%) versus the prior year and $-44,936 versus the prior month.

For the 2023-12-01 period, San Francisco had 3,094 MLS listings, a difference of -1,577 listings (-34%) versus the prior month and -561 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 1,712 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 1,490 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 1,574 sqft
2021-06-01 27 days 1,557 sqft
2021-07-01 26 days 1,549 sqft
2021-08-01 29 days 1,546 sqft
2021-09-01 28 days 1,534 sqft
2021-10-01 30 days 1,515 sqft
2021-11-01 39 days 1,499 sqft
2021-12-01 47 days 1,453 sqft
2022-01-01 37 days 1,419 sqft
2022-02-01 18 days 1,452 sqft
2022-03-01 22 days 1,506 sqft
2022-04-01 23 days 1,537 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 1,592 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 1,617 sqft
2023-08-01 33 days 1,592 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
San Francisco's median listing age (time on market) for 2023-12-01 was 58 days. This is -5% shorter than the same period one year ago.

San Francisco's median square footage for active listings during the 2023-12-01 period was 1,524 sqft. One year prior, the average listing was 1,560 sqft.