San Francisco USDA Loan Rates, Closing Costs & Stats
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, 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 USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in San Francisco
averaged
0%
for the week of 2024-04-12, compared to the national average (all USDA variants) of
6.705% for the same period.
San Francisco's average USDA mortgage closing costs are $0.
The average rate for the prior week (2024-04-05) was
0% and
one month ago for the week of 2024-03-08, the
average rate was 0%.
The average rate one year ago was 0%.
For refis of the same type during the week of 2024-04-12, the average rate
was 0%.
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 |
San Francisco's median listing price comes in at 235% of the national average.
San Francisco's average listing price for 2024-03-01 was $1,756,535, a difference of $-46,436 (-2.6%) versus the prior year and $63,575 versus the prior month.
For the 2024-03-01 period, San Francisco had 3,587 MLS listings, a difference of 559 listings (18%) versus the prior month and 424 listings (13%) 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 | 1,619 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 | 1,459 sqft |
| 2024-03-01 | 27 days | 1,492 sqft |
San Francisco's median square footage for active listings during the 2024-03-01 period was 1,492 sqft. One year prior, the average listing was 1,573 sqft.