Santa Maria USDA Loan Rates, Closing Costs & Stats
SANTA MARIA-SANTA BARBARA, 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.
Santa Maria's 1 lenders originated 1 USDA loans during 2023. The total origination value was $265,000, with an average USDA loan value of $265,000.
Santa Maria USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Santa Maria
averaged
6.47%
for the week of 2025-02-14, compared to the national average (all USDA variants) of
6.526% for the same period.
Santa Maria's average USDA mortgage closing costs are $9,711.
The average rate for the prior week (2025-02-07) was
6.33% and
one month ago for the week of 2025-01-10, the
average rate was 6.38%.
The average rate one year ago was 6.67%.
For refis of the same type during the week of 2025-02-14, the average rate
was 6.27%.
Santa Maria 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 Santa Maria level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| GUARANTEED RATE, INC. | 1 | 5.38% | $14,863 |
The lowest fee Santa Maria USDA lenders (with over 10 loans originated) are
.
The lowest rate Santa Maria USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Santa Maria (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 | $993,000 (-9.3%) | $3,110,227 (3.8%) | 3.68 | 749 |
| 2018-02-01 | $1,088,750 (0.5%) | $3,110,107 (2.0%) | 3.95 | 784 |
| 2018-03-01 | $999,000 (-10.7%) | $2,883,456 (-8.3%) | 3.51 | 849 |
| 2018-04-01 | $1,049,250 (-12.4%) | $2,705,619 (-15.9%) | 3.56 | 944 |
| 2018-05-01 | $1,043,000 (-11.7%) | $2,580,283 (-17.2%) | 3.48 | 1,031 |
| 2018-06-01 | $1,049,000 (-6.8%) | $2,466,002 (-21.0%) | 3.50 | 1,100 |
| 2018-07-01 | $1,088,000 (-3.3%) | $2,477,554 (-20.3%) | 3.63 | 1,142 |
| 2018-08-01 | $997,748 (-1.2%) | $2,402,452 (-21.3%) | 3.34 | 1,158 |
| 2018-09-01 | $995,000 (-0.5%) | $2,424,501 (-22.5%) | 3.34 | 1,149 |
| 2018-10-01 | $995,000 (-9.1%) | $2,449,067 (-22.2%) | 3.37 | 1,113 |
| 2018-11-01 | $986,500 (-7.7%) | $2,483,975 (-22.5%) | 3.34 | 1,113 |
| 2018-12-01 | $975,000 (-2.4%) | $2,576,667 (-22.0%) | 3.36 | 1,012 |
| 2019-01-01 | $957,500 (-3.6%) | $2,522,925 (-18.9%) | 3.31 | 956 |
| 2019-02-01 | $944,500 (-13.3%) | $2,556,480 (-17.8%) | 3.19 | 895 |
| 2019-03-01 | $1,029,286 (3.0%) | $2,762,751 (-4.2%) | 3.37 | 918 |
| 2019-04-01 | $1,100,000 (4.8%) | $2,782,906 (2.9%) | 3.49 | 974 |
| 2019-05-01 | $1,147,000 (10.0%) | $2,816,770 (9.2%) | 3.59 | 1,042 |
| 2019-06-01 | $1,175,000 (12.0%) | $2,908,717 (18.0%) | 3.67 | 1,050 |
| 2019-07-01 | $1,241,975 (14.2%) | $2,920,730 (17.9%) | 3.90 | 1,058 |
| 2019-08-01 | $1,231,364 (23.4%) | $3,024,719 (25.9%) | 3.90 | 1,026 |
| 2019-09-01 | $1,255,909 (26.2%) | $3,114,258 (28.5%) | 4.02 | 995 |
| 2019-10-01 | $1,272,273 (27.9%) | $3,157,820 (28.9%) | 4.10 | 970 |
| 2019-11-01 | $1,349,450 (36.8%) | $3,257,299 (31.1%) | 4.42 | 904 |
| 2019-12-01 | $1,338,500 (37.3%) | $3,435,683 (33.3%) | 4.46 | 763 |
| 2020-01-01 | $1,387,500 (44.9%) | $3,566,971 (41.4%) | 4.64 | 678 |
| 2020-02-01 | $1,495,000 (58.3%) | $3,671,847 (43.6%) | 4.89 | 678 |
| 2020-03-01 | $1,578,000 (53.3%) | $3,635,533 (31.6%) | 4.95 | 705 |
| 2020-04-01 | $1,397,750 (27.1%) | $3,317,297 (19.2%) | 4.38 | 711 |
| 2020-05-01 | $1,350,000 (17.7%) | $3,170,821 (12.6%) | 4.10 | 766 |
| 2020-06-01 | $1,485,000 (26.4%) | $3,331,976 (14.6%) | 4.37 | 727 |
| 2020-07-01 | $1,580,000 (27.2%) | $3,564,307 (22.0%) | 4.58 | 652 |
| 2020-08-01 | $1,735,000 (40.9%) | $3,840,069 (27.0%) | 4.97 | 612 |
| 2020-09-01 | $1,875,000 (49.3%) | $4,151,481 (33.3%) | 5.37 | 560 |
| 2020-10-01 | $1,811,750 (42.4%) | $4,130,227 (30.8%) | 5.19 | 515 |
| 2020-11-01 | $1,811,750 (34.3%) | $4,379,570 (34.5%) | 5.30 | 461 |
| 2020-12-01 | $1,828,750 (36.6%) | $4,508,722 (31.2%) | 5.44 | 406 |
| 2021-01-01 | $1,875,000 (35.1%) | $4,767,634 (33.7%) | 5.60 | 343 |
| 2021-02-01 | $1,597,500 (6.9%) | $4,409,100 (20.1%) | 4.65 | 336 |
| 2021-03-01 | $1,680,000 (6.5%) | $5,031,699 (38.4%) | 4.77 | 310 |
| 2021-04-01 | $1,523,000 (9.0%) | $4,628,793 (39.5%) | 4.12 | 301 |
| 2021-05-01 | $1,395,000 (3.3%) | $4,535,119 (43.0%) | 3.71 | 295 |
| 2021-06-01 | $1,297,250 (-12.6%) | $4,418,558 (32.6%) | 3.41 | 342 |
| 2021-07-01 | $1,200,000 (-24.1%) | $4,532,433 (27.2%) | 3.17 | 347 |
| 2021-08-01 | $1,196,000 (-31.1%) | $5,126,322 (33.5%) | 3.19 | 333 |
| 2021-09-01 | $1,326,000 (-29.3%) | $5,071,788 (22.2%) | 3.54 | 323 |
| 2021-10-01 | $1,270,000 (-29.9%) | $5,572,701 (34.9%) | 3.39 | 302 |
| 2021-11-01 | $1,313,500 (-27.5%) | $5,674,530 (29.6%) | 3.51 | 274 |
| 2021-12-01 | $1,292,500 (-29.3%) | $5,583,833 (23.9%) | 3.50 | 256 |
| 2022-01-01 | $1,330,000 (-29.1%) | $5,791,123 (21.5%) | 3.60 | 222 |
| 2022-02-01 | $1,474,750 (-7.7%) | $5,289,702 (20.0%) | 3.84 | 206 |
| 2022-03-01 | $1,347,500 (-19.8%) | $5,602,950 (11.4%) | 3.37 | 228 |
| 2022-04-01 | $1,399,000 (-8.1%) | $5,518,577 (19.2%) | 3.33 | 245 |
| 2022-05-01 | $1,434,750 (2.9%) | $5,112,663 (12.7%) | 3.28 | 312 |
| 2022-06-01 | $1,372,500 (5.8%) | $4,982,731 (12.8%) | 3.06 | 364 |
| 2022-07-01 | $1,200,000 (0.0%) | $4,231,033 (-6.7%) | 2.70 | 492 |
| 2022-08-01 | $1,269,250 (6.1%) | $4,402,294 (-14.1%) | 2.93 | 489 |
| 2022-09-01 | $1,255,750 (-5.3%) | $4,142,134 (-18.3%) | 2.94 | 462 |
| 2022-10-01 | $1,150,000 (-9.5%) | $3,782,690 (-32.1%) | 2.71 | 439 |
| 2022-11-01 | $1,272,500 (-3.1%) | $3,617,961 (-36.2%) | 3.06 | 411 |
| 2022-12-01 | $1,212,000 (-6.2%) | $3,719,362 (-33.4%) | 2.99 | 345 |
| 2023-01-01 | $1,249,750 (-6.0%) | $3,731,296 (-35.6%) | 3.10 | 284 |
| 2023-02-01 | $1,343,750 (-8.9%) | $3,922,010 (-25.9%) | 3.24 | 283 |
| 2023-03-01 | $1,513,250 (12.3%) | $4,347,494 (-22.4%) | 3.57 | 261 |
| 2023-04-01 | $1,895,000 (35.5%) | $4,548,802 (-17.6%) | 4.41 | 247 |
| 2023-05-01 | $2,017,500 (40.6%) | $4,808,097 (-6.0%) | 4.57 | 267 |
| 2023-06-01 | $2,118,500 (54.4%) | $4,844,621 (-2.8%) | 4.76 | 287 |
| 2023-07-01 | $1,996,000 (66.3%) | $4,877,749 (15.3%) | 4.54 | 355 |
| 2023-08-01 | $1,960,000 (54.4%) | $4,699,293 (6.8%) | 4.50 | 371 |
| 2023-09-01 | $1,895,000 (50.9%) | $4,734,365 (14.3%) | 4.41 | 402 |
| 2023-10-01 | $1,902,500 (65.4%) | $5,124,111 (35.5%) | 4.48 | 410 |
| 2023-11-01 | $1,822,500 (43.2%) | $5,245,227 (45.0%) | 4.34 | 425 |
| 2023-12-01 | $1,795,000 (48.1%) | $5,360,959 (44.1%) | 4.38 | 393 |
| 2024-01-01 | $1,749,500 (40.0%) | $5,009,413 (34.3%) | 4.27 | 380 |
| 2024-02-01 | $1,779,750 (32.5%) | $4,981,103 (27.0%) | 4.28 | 372 |
| 2024-03-01 | $1,950,000 (28.9%) | $4,850,374 (11.6%) | 4.59 | 403 |
| 2024-04-01 | $1,899,500 (0.2%) | $4,439,844 (-2.4%) | 4.42 | 467 |
| 2024-05-01 | $1,987,225 (-1.5%) | $4,832,654 (0.5%) | 4.77 | 491 |
| 2024-06-01 | $1,995,000 (-5.8%) | $4,708,305 (-2.8%) | 4.71 | 528 |
| 2024-07-01 | $2,097,750 (5.1%) | $4,777,995 (-2.1%) | 4.80 | 585 |
| 2024-08-01 | $2,150,000 (9.7%) | $4,668,749 (-0.7%) | 5.00 | 616 |
| 2024-09-01 | $2,191,000 (15.6%) | $4,674,199 (-1.3%) | 5.16 | 590 |
| 2024-10-01 | $1,935,000 (1.7%) | $4,481,312 (-12.5%) | 4.55 | 587 |
| 2024-11-01 | $1,797,450 (-1.4%) | $4,261,161 (-18.8%) | 4.31 | 564 |
| 2024-12-01 | $1,796,250 (0.1%) | $4,203,079 (-21.6%) | 4.46 | 471 |
| 2025-01-01 | $1,814,000 (3.7%) | $4,314,769 (-13.9%) | 0.00 | 449 |
Santa Maria's median listing price comes in at 0% of the national average.
Santa Maria's average listing price for 2025-01-01 was $4,314,769, a difference of $-694,644 (-13.9%) versus the prior year and $111,690 versus the prior month.
For the 2025-01-01 period, Santa Maria had 449 MLS listings, a difference of -22 listings (-5%) versus the prior month and 69 listings (18%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Santa Maria (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 87 days | 2,107 sqft |
| 2018-02-01 | 65 days | 2,122 sqft |
| 2018-03-01 | 46 days | 2,085 sqft |
| 2018-04-01 | 46 days | 2,089 sqft |
| 2018-05-01 | 46 days | 2,048 sqft |
| 2018-06-01 | 52 days | 2,039 sqft |
| 2018-07-01 | 55 days | 2,019 sqft |
| 2018-08-01 | 60 days | 1,990 sqft |
| 2018-09-01 | 64 days | 2,000 sqft |
| 2018-10-01 | 69 days | 1,994 sqft |
| 2018-11-01 | 69 days | 1,994 sqft |
| 2018-12-01 | 82 days | 2,013 sqft |
| 2019-01-01 | 87 days | 2,034 sqft |
| 2019-02-01 | 84 days | 2,038 sqft |
| 2019-03-01 | 70 days | 2,044 sqft |
| 2019-04-01 | 53 days | 2,059 sqft |
| 2019-05-01 | 51 days | 2,083 sqft |
| 2019-06-01 | 57 days | 2,112 sqft |
| 2019-07-01 | 66 days | 2,169 sqft |
| 2019-08-01 | 68 days | 2,192 sqft |
| 2019-09-01 | 69 days | 2,229 sqft |
| 2019-10-01 | 70 days | 2,252 sqft |
| 2019-11-01 | 73 days | 2,282 sqft |
| 2019-12-01 | 84 days | 2,280 sqft |
| 2020-01-01 | 90 days | 2,310 sqft |
| 2020-02-01 | 82 days | 2,359 sqft |
| 2020-03-01 | 55 days | 2,364 sqft |
| 2020-04-01 | 61 days | 2,207 sqft |
| 2020-05-01 | 64 days | 2,238 sqft |
| 2020-06-01 | 53 days | 2,260 sqft |
| 2020-07-01 | 57 days | 2,274 sqft |
| 2020-08-01 | 46 days | 2,285 sqft |
| 2020-09-01 | 46 days | 2,356 sqft |
| 2020-10-01 | 50 days | 2,373 sqft |
| 2020-11-01 | 53 days | 2,416 sqft |
| 2020-12-01 | 61 days | 2,358 sqft |
| 2021-01-01 | 60 days | 2,290 sqft |
| 2021-02-01 | 38 days | 1,988 sqft |
| 2021-03-01 | 31 days | 2,100 sqft |
| 2021-04-01 | 27 days | 2,061 sqft |
| 2021-05-01 | 25 days | 2,018 sqft |
| 2021-06-01 | 22 days | 1,944 sqft |
| 2021-07-01 | 31 days | 1,966 sqft |
| 2021-08-01 | 31 days | 2,048 sqft |
| 2021-09-01 | 31 days | 1,978 sqft |
| 2021-10-01 | 34 days | 2,020 sqft |
| 2021-11-01 | 31 days | 2,133 sqft |
| 2021-12-01 | 39 days | 2,120 sqft |
| 2022-01-01 | 43 days | 1,998 sqft |
| 2022-02-01 | 27 days | 2,064 sqft |
| 2022-03-01 | 20 days | 1,993 sqft |
| 2022-04-01 | 22 days | 2,000 sqft |
| 2022-05-01 | 25 days | 2,003 sqft |
| 2022-06-01 | 29 days | 1,987 sqft |
| 2022-07-01 | 29 days | 1,955 sqft |
| 2022-08-01 | 40 days | 1,971 sqft |
| 2022-09-01 | 48 days | 1,971 sqft |
| 2022-10-01 | 52 days | 1,930 sqft |
| 2022-11-01 | 55 days | 1,906 sqft |
| 2022-12-01 | 66 days | 1,920 sqft |
| 2023-01-01 | 73 days | 2,051 sqft |
| 2023-02-01 | 43 days | 2,029 sqft |
| 2023-03-01 | 42 days | 2,002 sqft |
| 2023-04-01 | 40 days | 2,144 sqft |
| 2023-05-01 | 33 days | 2,279 sqft |
| 2023-06-01 | 34 days | 2,248 sqft |
| 2023-07-01 | 32 days | 2,188 sqft |
| 2023-08-01 | 39 days | 2,197 sqft |
| 2023-09-01 | 46 days | 2,176 sqft |
| 2023-10-01 | 46 days | 2,259 sqft |
| 2023-11-01 | 48 days | 2,248 sqft |
| 2023-12-01 | 52 days | 2,172 sqft |
| 2024-01-01 | 65 days | 2,107 sqft |
| 2024-02-01 | 56 days | 2,126 sqft |
| 2024-03-01 | 47 days | 2,100 sqft |
| 2024-04-01 | 41 days | 2,029 sqft |
| 2024-05-01 | 42 days | 2,107 sqft |
| 2024-06-01 | 45 days | 2,166 sqft |
| 2024-07-01 | 45 days | 2,201 sqft |
| 2024-08-01 | 49 days | 2,203 sqft |
| 2024-09-01 | 58 days | 2,212 sqft |
| 2024-10-01 | 59 days | 2,108 sqft |
| 2024-11-01 | 58 days | 2,055 sqft |
| 2024-12-01 | 71 days | 2,075 sqft |
| 2025-01-01 | 0 days | 2,057 sqft |
Santa Maria's median square footage for active listings during the 2025-01-01 period was 2,057 sqft. One year prior, the average listing was 2,107 sqft.