San Jose USDA Loan Rates, Closing Costs & Stats
SAN JOSE-SUNNYVALE-SANTA CLARA, 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 Jose USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in San Jose
averaged
6.53%
for the week of 2025-05-23, compared to the national average (all USDA variants) of
6.433% for the same period.
San Jose's average USDA mortgage closing costs are $7,688.
The average rate for the prior week (2025-05-16) was
6.46% and
one month ago for the week of 2025-04-18, the
average rate was 6.35%.
The average rate one year ago was 6.51%.
For refis of the same type during the week of 2025-05-23, the average rate
was 5.98%.
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.
San Jose 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 Jose level.
| Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|
The lowest fee San Jose USDA lenders (with over 10 loans originated) are
.
The lowest rate San Jose USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - San Jose (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 | $1,110,250 (23.5%) | $1,829,513 (28.2%) | 4.12 | 570 |
| 2018-02-01 | $1,199,444 (25.7%) | $1,810,776 (21.6%) | 4.35 | 676 |
| 2018-03-01 | $1,286,500 (32.9%) | $1,861,664 (23.7%) | 4.51 | 799 |
| 2018-04-01 | $1,254,722 (26.9%) | $1,864,395 (24.4%) | 4.25 | 993 |
| 2018-05-01 | $1,293,000 (29.4%) | $1,830,306 (11.6%) | 4.32 | 1,198 |
| 2018-06-01 | $1,250,000 (24.4%) | $1,788,116 (7.2%) | 4.17 | 1,441 |
| 2018-07-01 | $1,199,944 (14.3%) | $1,710,621 (0.9%) | 4.01 | 1,717 |
| 2018-08-01 | $1,173,500 (11.8%) | $1,642,858 (-2.2%) | 3.93 | 1,816 |
| 2018-09-01 | $1,148,000 (4.5%) | $1,618,429 (-13.3%) | 3.86 | 2,059 |
| 2018-10-01 | $1,099,944 (-1.5%) | $1,590,128 (-14.3%) | 3.73 | 2,147 |
| 2018-11-01 | $1,089,400 (-6.2%) | $1,539,122 (-21.5%) | 3.69 | 2,052 |
| 2018-12-01 | $1,000,000 (-13.0%) | $1,507,748 (-23.7%) | 3.45 | 1,459 |
| 2019-01-01 | $999,888 (-9.9%) | $1,509,950 (-17.5%) | 3.45 | 1,264 |
| 2019-02-01 | $1,095,250 (-8.7%) | $1,610,619 (-11.1%) | 3.70 | 1,440 |
| 2019-03-01 | $1,102,769 (-14.3%) | $1,633,737 (-12.2%) | 3.61 | 1,635 |
| 2019-04-01 | $1,127,230 (-10.2%) | $1,642,203 (-11.9%) | 3.58 | 1,805 |
| 2019-05-01 | $1,188,000 (-8.1%) | $1,645,803 (-10.1%) | 3.71 | 2,173 |
| 2019-06-01 | $1,175,000 (-6.0%) | $1,643,086 (-8.1%) | 3.67 | 2,366 |
| 2019-07-01 | $1,127,250 (-6.1%) | $1,636,557 (-4.3%) | 3.53 | 2,298 |
| 2019-08-01 | $1,117,816 (-4.8%) | $1,664,401 (1.3%) | 3.54 | 2,189 |
| 2019-09-01 | $1,121,857 (-2.3%) | $1,681,943 (3.9%) | 3.59 | 2,106 |
| 2019-10-01 | $1,112,051 (1.1%) | $1,693,637 (6.5%) | 3.59 | 2,021 |
| 2019-11-01 | $1,100,000 (1.0%) | $1,775,100 (15.3%) | 3.61 | 1,612 |
| 2019-12-01 | $1,084,194 (8.4%) | $1,798,338 (19.3%) | 3.62 | 989 |
| 2020-01-01 | $1,088,722 (8.9%) | $1,881,701 (24.6%) | 3.64 | 819 |
| 2020-02-01 | $1,198,000 (9.4%) | $2,032,748 (26.2%) | 3.92 | 944 |
| 2020-03-01 | $1,249,805 (13.3%) | $1,990,529 (21.8%) | 3.92 | 1,144 |
| 2020-04-01 | $1,198,500 (6.3%) | $1,854,244 (12.9%) | 3.75 | 1,349 |
| 2020-05-01 | $1,200,500 (1.1%) | $1,858,819 (12.9%) | 3.65 | 1,646 |
| 2020-06-01 | $1,260,000 (7.2%) | $1,856,022 (13.0%) | 3.71 | 1,656 |
| 2020-07-01 | $1,249,975 (10.9%) | $1,824,368 (11.5%) | 3.62 | 1,681 |
| 2020-08-01 | $1,248,000 (11.7%) | $1,806,980 (8.6%) | 3.58 | 1,673 |
| 2020-09-01 | $1,210,000 (7.9%) | $1,789,686 (6.4%) | 3.47 | 1,668 |
| 2020-10-01 | $1,229,950 (10.6%) | $1,819,909 (7.5%) | 3.52 | 1,690 |
| 2020-11-01 | $1,232,124 (12.0%) | $1,897,714 (6.9%) | 3.60 | 1,558 |
| 2020-12-01 | $1,197,000 (10.4%) | $1,865,030 (3.7%) | 3.56 | 1,153 |
| 2021-01-01 | $1,199,000 (10.1%) | $1,869,161 (-0.7%) | 3.58 | 971 |
| 2021-02-01 | $1,223,900 (2.2%) | $1,873,351 (-7.8%) | 3.56 | 1,054 |
| 2021-03-01 | $1,246,692 (-0.3%) | $1,881,183 (-5.5%) | 3.54 | 1,181 |
| 2021-04-01 | $1,249,500 (4.3%) | $1,898,349 (2.4%) | 3.38 | 1,252 |
| 2021-05-01 | $1,298,888 (8.2%) | $1,951,204 (5.0%) | 3.45 | 1,243 |
| 2021-06-01 | $1,299,444 (3.1%) | $1,967,174 (6.0%) | 3.42 | 1,326 |
| 2021-07-01 | $1,275,000 (2.0%) | $1,889,262 (3.6%) | 3.36 | 1,410 |
| 2021-08-01 | $1,250,250 (0.2%) | $1,875,379 (3.8%) | 3.33 | 1,367 |
| 2021-09-01 | $1,262,639 (4.4%) | $1,902,946 (6.3%) | 3.37 | 1,283 |
| 2021-10-01 | $1,275,000 (3.7%) | $1,977,104 (8.6%) | 3.40 | 1,189 |
| 2021-11-01 | $1,244,444 (1.0%) | $1,970,988 (3.9%) | 3.33 | 819 |
| 2021-12-01 | $1,239,416 (3.5%) | $1,941,596 (4.1%) | 3.36 | 532 |
| 2022-01-01 | $1,298,888 (8.3%) | $1,932,889 (3.4%) | 3.51 | 489 |
| 2022-02-01 | $1,356,500 (10.8%) | $1,919,565 (2.5%) | 3.53 | 640 |
| 2022-03-01 | $1,399,500 (12.3%) | $1,936,123 (2.9%) | 3.50 | 784 |
| 2022-04-01 | $1,439,000 (15.2%) | $1,909,718 (0.6%) | 3.43 | 907 |
| 2022-05-01 | $1,496,500 (15.2%) | $1,941,803 (-0.5%) | 3.42 | 1,505 |
| 2022-06-01 | $1,495,000 (15.1%) | $1,967,593 (0.0%) | 3.33 | 1,754 |
| 2022-07-01 | $1,400,000 (9.8%) | $1,905,340 (0.9%) | 3.15 | 1,986 |
| 2022-08-01 | $1,386,500 (10.9%) | $1,913,053 (2.0%) | 3.21 | 1,797 |
| 2022-09-01 | $1,398,500 (10.8%) | $1,965,247 (3.3%) | 3.27 | 1,553 |
| 2022-10-01 | $1,399,000 (9.7%) | $2,028,183 (2.6%) | 3.29 | 1,532 |
| 2022-11-01 | $1,399,000 (12.4%) | $2,028,954 (2.9%) | 3.36 | 1,354 |
| 2022-12-01 | $1,398,000 (12.8%) | $2,037,289 (4.9%) | 3.45 | 956 |
| 2023-01-01 | $1,349,000 (3.9%) | $1,949,922 (0.9%) | 3.34 | 823 |
| 2023-02-01 | $1,399,500 (3.2%) | $2,031,742 (5.8%) | 3.38 | 831 |
| 2023-03-01 | $1,495,000 (6.8%) | $2,155,081 (11.3%) | 3.53 | 870 |
| 2023-04-01 | $1,536,500 (6.8%) | $2,206,277 (15.5%) | 3.57 | 884 |
| 2023-05-01 | $1,530,000 (2.2%) | $2,198,585 (13.2%) | 3.47 | 973 |
| 2023-06-01 | $1,498,000 (0.2%) | $2,179,792 (10.8%) | 3.37 | 980 |
| 2023-07-01 | $1,498,000 (7.0%) | $2,176,298 (14.2%) | 3.40 | 952 |
| 2023-08-01 | $1,474,497 (6.4%) | $2,094,720 (9.5%) | 3.39 | 1,031 |
| 2023-09-01 | $1,399,000 (0.0%) | $2,001,621 (1.9%) | 3.26 | 1,148 |
| 2023-10-01 | $1,380,694 (-1.3%) | $1,989,260 (-1.9%) | 3.25 | 1,183 |
| 2023-11-01 | $1,352,222 (-3.3%) | $1,968,351 (-3.0%) | 3.22 | 1,132 |
| 2023-12-01 | $1,298,944 (-7.1%) | $2,029,021 (-0.4%) | 3.17 | 833 |
| 2024-01-01 | $1,288,250 (-4.5%) | $1,966,840 (0.9%) | 3.15 | 666 |
| 2024-02-01 | $1,366,944 (-2.3%) | $2,051,511 (1.0%) | 3.29 | 725 |
| 2024-03-01 | $1,481,397 (-0.9%) | $2,128,258 (-1.2%) | 3.49 | 889 |
| 2024-04-01 | $1,466,953 (-4.5%) | $2,108,183 (-4.5%) | 3.41 | 1,109 |
| 2024-05-01 | $1,477,221 (-3.5%) | $2,143,124 (-2.5%) | 3.36 | 1,332 |
| 2024-06-01 | $1,450,000 (-3.2%) | $2,059,125 (-5.5%) | 3.30 | 1,501 |
| 2024-07-01 | $1,408,664 (-6.0%) | $2,023,922 (-7.0%) | 3.22 | 1,527 |
| 2024-08-01 | $1,399,000 (-5.1%) | $2,024,517 (-3.4%) | 3.25 | 1,495 |
| 2024-09-01 | $1,432,170 (2.4%) | $2,086,446 (4.2%) | 3.37 | 1,600 |
| 2024-10-01 | $1,394,000 (1.0%) | $2,068,828 (4.0%) | 3.28 | 1,570 |
| 2024-11-01 | $1,350,000 (-0.2%) | $2,048,183 (4.1%) | 3.24 | 1,265 |
| 2024-12-01 | $1,268,500 (-2.3%) | $1,968,142 (-3.0%) | 3.15 | 825 |
| 2025-01-01 | $1,268,000 (-1.6%) | $1,933,428 (-1.7%) | 3.17 | 795 |
| 2025-02-01 | $1,304,500 (-4.6%) | $1,949,525 (-5.0%) | 3.17 | 1,059 |
| 2025-03-01 | $1,388,944 (-6.2%) | $2,015,899 (-5.3%) | 3.27 | 1,493 |
| 2025-04-01 | $1,399,947 (-4.6%) | $1,985,823 (-5.8%) | 3.25 | 1,859 |
San Jose's median listing price for 2025-04-01 was $1,399,947, a difference of
$-67,006
(-4.6%) versus the prior year and
$11,003 versus the prior month.
San Jose's median listing price comes in at 325% of the national average.
San Jose's average listing price for 2025-04-01 was $1,985,823, a difference of $-122,360 (-5.8%) versus the prior year and $-30,076 versus the prior month.
For the 2025-04-01 period, San Jose had 1,859 MLS listings, a difference of 366 listings (25%) versus the prior month and 750 listings (68%) versus the prior year.
San Jose's median listing price comes in at 325% of the national average.
San Jose's average listing price for 2025-04-01 was $1,985,823, a difference of $-122,360 (-5.8%) versus the prior year and $-30,076 versus the prior month.
For the 2025-04-01 period, San Jose had 1,859 MLS listings, a difference of 366 listings (25%) versus the prior month and 750 listings (68%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - San Jose (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 26 days | 1,900 sqft |
| 2018-02-01 | 17 days | 1,897 sqft |
| 2018-03-01 | 17 days | 1,832 sqft |
| 2018-04-01 | 18 days | 1,785 sqft |
| 2018-05-01 | 18 days | 1,793 sqft |
| 2018-06-01 | 22 days | 1,747 sqft |
| 2018-07-01 | 26 days | 1,695 sqft |
| 2018-08-01 | 28 days | 1,661 sqft |
| 2018-09-01 | 30 days | 1,661 sqft |
| 2018-10-01 | 31 days | 1,650 sqft |
| 2018-11-01 | 38 days | 1,632 sqft |
| 2018-12-01 | 50 days | 1,624 sqft |
| 2019-01-01 | 52 days | 1,624 sqft |
| 2019-02-01 | 25 days | 1,663 sqft |
| 2019-03-01 | 27 days | 1,689 sqft |
| 2019-04-01 | 28 days | 1,710 sqft |
| 2019-05-01 | 25 days | 1,753 sqft |
| 2019-06-01 | 32 days | 1,736 sqft |
| 2019-07-01 | 38 days | 1,722 sqft |
| 2019-08-01 | 40 days | 1,720 sqft |
| 2019-09-01 | 43 days | 1,716 sqft |
| 2019-10-01 | 44 days | 1,716 sqft |
| 2019-11-01 | 56 days | 1,752 sqft |
| 2019-12-01 | 73 days | 1,788 sqft |
| 2020-01-01 | 53 days | 1,764 sqft |
| 2020-02-01 | 23 days | 1,830 sqft |
| 2020-03-01 | 22 days | 1,808 sqft |
| 2020-04-01 | 35 days | 1,774 sqft |
| 2020-05-01 | 36 days | 1,796 sqft |
| 2020-06-01 | 35 days | 1,774 sqft |
| 2020-07-01 | 33 days | 1,713 sqft |
| 2020-08-01 | 33 days | 1,663 sqft |
| 2020-09-01 | 37 days | 1,632 sqft |
| 2020-10-01 | 36 days | 1,614 sqft |
| 2020-11-01 | 42 days | 1,585 sqft |
| 2020-12-01 | 51 days | 1,541 sqft |
| 2021-01-01 | 41 days | 1,553 sqft |
| 2021-02-01 | 25 days | 1,576 sqft |
| 2021-03-01 | 25 days | 1,591 sqft |
| 2021-04-01 | 29 days | 1,607 sqft |
| 2021-05-01 | 25 days | 1,663 sqft |
| 2021-06-01 | 23 days | 1,649 sqft |
| 2021-07-01 | 25 days | 1,624 sqft |
| 2021-08-01 | 30 days | 1,599 sqft |
| 2021-09-01 | 31 days | 1,624 sqft |
| 2021-10-01 | 36 days | 1,615 sqft |
| 2021-11-01 | 51 days | 1,607 sqft |
| 2021-12-01 | 66 days | 1,547 sqft |
| 2022-01-01 | 39 days | 1,585 sqft |
| 2022-02-01 | 12 days | 1,600 sqft |
| 2022-03-01 | 16 days | 1,630 sqft |
| 2022-04-01 | 16 days | 1,663 sqft |
| 2022-05-01 | 17 days | 1,666 sqft |
| 2022-06-01 | 24 days | 1,675 sqft |
| 2022-07-01 | 29 days | 1,670 sqft |
| 2022-08-01 | 37 days | 1,682 sqft |
| 2022-09-01 | 38 days | 1,690 sqft |
| 2022-10-01 | 36 days | 1,715 sqft |
| 2022-11-01 | 40 days | 1,720 sqft |
| 2022-12-01 | 53 days | 1,722 sqft |
| 2023-01-01 | 53 days | 1,686 sqft |
| 2023-02-01 | 30 days | 1,729 sqft |
| 2023-03-01 | 27 days | 1,758 sqft |
| 2023-04-01 | 27 days | 1,780 sqft |
| 2023-05-01 | 25 days | 1,778 sqft |
| 2023-06-01 | 29 days | 1,772 sqft |
| 2023-07-01 | 30 days | 1,717 sqft |
| 2023-08-01 | 27 days | 1,729 sqft |
| 2023-09-01 | 29 days | 1,693 sqft |
| 2023-10-01 | 31 days | 1,659 sqft |
| 2023-11-01 | 34 days | 1,609 sqft |
| 2023-12-01 | 43 days | 1,601 sqft |
| 2024-01-01 | 42 days | 1,589 sqft |
| 2024-02-01 | 23 days | 1,624 sqft |
| 2024-03-01 | 22 days | 1,658 sqft |
| 2024-04-01 | 21 days | 1,635 sqft |
| 2024-05-01 | 20 days | 1,673 sqft |
| 2024-06-01 | 25 days | 1,671 sqft |
| 2024-07-01 | 30 days | 1,662 sqft |
| 2024-08-01 | 31 days | 1,651 sqft |
| 2024-09-01 | 31 days | 1,676 sqft |
| 2024-10-01 | 34 days | 1,667 sqft |
| 2024-11-01 | 39 days | 1,619 sqft |
| 2024-12-01 | 50 days | 1,579 sqft |
| 2025-01-01 | 44 days | 1,546 sqft |
| 2025-02-01 | 22 days | 1,560 sqft |
| 2025-03-01 | 22 days | 1,612 sqft |
| 2025-04-01 | 24 days | 1,627 sqft |
San Jose's median listing age (time on market) for 2025-04-01 was 24 days.
This
is 14%
longer
than the same period one year ago.
San Jose's median square footage for active listings during the 2025-04-01 period was 1,627 sqft. One year prior, the average listing was 1,635 sqft.
San Jose's median square footage for active listings during the 2025-04-01 period was 1,627 sqft. One year prior, the average listing was 1,635 sqft.