Santa Rosa USDA Loan Rates, Closing Costs & Stats

SANTA ROSA-PETALUMA, 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 Rosa's 5 lenders originated 9 USDA loans during 2021. The total origination value was $4,725,000, with an average USDA loan value of $525,000.

Santa Rosa USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Santa Rosa averaged 6.05% for the week of 2023-01-27, compared to the national average (all USDA variants) of 6.195% for the same period.

Santa Rosa's average USDA mortgage closing costs are $10,970.

The average rate for the prior week (2023-01-20) was 6.24% and one month ago for the week of 2022-12-23, the average rate was 6.37%.

The average rate one year ago was 3.92%.

For refis of the same type during the week of 2023-01-27, the average rate was 5.99%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Santa Rosa 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 Rosa level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
Century Mortgage Company DBA Century Lending Company 1 3.00% $9,111
First Guaranty Mortgage Corporation 1 2.75% $19,158
GUILD MORTGAGE COMPANY 1 3.00% $8,981
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 2.75% $8,845
HOME POINT FINANCIAL CORPORATION 1 2.38% $9,914

The top Santa Rosa USDA lender as defined by loan originations is Century Mortgage Company DBA Century Lending Company, with 1 USDA loans originated. Their average total fees are $9,111, which is $10,048 lower than the next largest lender, First Guaranty Mortgage Corporation.

The lowest fee Santa Rosa USDA lenders (with over 10 loans originated) are .

The lowest rate Santa Rosa USDA lenders (with over 10 loans originated) are .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Santa Rosa (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 $790,250 (10.8%) $1,231,307 (10.9%) 2.93 407
2018-02-01 $797,000 (9.9%) $1,200,558 (8.3%) 2.89 444
2018-03-01 $777,000 (5.4%) $1,196,027 (0.1%) 2.73 524
2018-04-01 $762,475 (0.3%) $1,189,317 (-9.6%) 2.58 617
2018-05-01 $792,000 (2.6%) $1,273,397 (-0.6%) 2.64 760
2018-06-01 $749,000 (-3.9%) $1,211,005 (-3.8%) 2.50 923
2018-07-01 $736,000 (-1.9%) $1,150,500 (-6.3%) 2.46 1,086
2018-08-01 $699,475 (-7.3%) $1,107,502 (-11.8%) 2.34 1,172
2018-09-01 $709,500 (-10.6%) $1,101,240 (-14.4%) 2.38 1,208
2018-10-01 $699,000 (-14.2%) $1,101,160 (-16.4%) 2.36 1,177
2018-11-01 $699,000 (-15.6%) $1,116,805 (-18.5%) 2.37 1,105
2018-12-01 $689,990 (-16.8%) $1,114,312 (-15.8%) 2.38 896
2019-01-01 $682,000 (-13.7%) $1,079,414 (-12.3%) 2.35 725
2019-02-01 $688,800 (-13.6%) $1,114,305 (-7.2%) 2.33 700
2019-03-01 $720,857 (-7.2%) $1,201,831 (0.5%) 2.36 745
2019-04-01 $757,500 (-0.7%) $1,259,293 (5.9%) 2.41 868
2019-05-01 $791,000 (-0.1%) $1,331,851 (4.6%) 2.47 1,061
2019-06-01 $799,000 (6.7%) $1,362,336 (12.5%) 2.50 1,179
2019-07-01 $795,000 (8.0%) $1,332,934 (15.9%) 2.49 1,251
2019-08-01 $774,182 (10.7%) $1,298,779 (17.3%) 2.45 1,250
2019-09-01 $772,955 (8.9%) $1,289,903 (17.1%) 2.47 1,207
2019-10-01 $773,136 (10.6%) $1,281,677 (16.4%) 2.49 1,166
2019-11-01 $775,000 (10.9%) $1,277,479 (14.4%) 2.54 1,054
2019-12-01 $770,650 (11.7%) $1,253,128 (12.5%) 2.57 771
2020-01-01 $767,500 (12.5%) $1,194,224 (10.6%) 2.56 679
2020-02-01 $792,068 (15.0%) $1,168,486 (4.9%) 2.59 725
2020-03-01 $799,000 (10.8%) $1,205,979 (0.4%) 2.50 792
2020-04-01 $781,944 (3.2%) $1,176,971 (-6.5%) 2.45 790
2020-05-01 $769,000 (-2.8%) $1,146,057 (-14.0%) 2.34 999
2020-06-01 $763,750 (-4.4%) $1,228,384 (-9.8%) 2.25 1,024
2020-07-01 $784,248 (-1.4%) $1,299,527 (-2.5%) 2.27 899
2020-08-01 $799,000 (3.2%) $1,337,303 (3.0%) 2.29 786
2020-09-01 $808,500 (4.6%) $1,348,645 (4.6%) 2.32 704
2020-10-01 $839,000 (8.5%) $1,371,691 (7.0%) 2.40 781
2020-11-01 $809,975 (4.5%) $1,356,234 (6.2%) 2.37 807
2020-12-01 $799,999 (3.8%) $1,351,295 (7.8%) 2.38 666
2021-01-01 $799,000 (4.1%) $1,375,774 (15.2%) 2.39 556
2021-02-01 $830,944 (4.9%) $1,429,335 (22.3%) 2.42 530
2021-03-01 $822,000 (2.9%) $1,408,264 (16.8%) 2.33 563
2021-04-01 $859,225 (9.9%) $1,463,127 (24.3%) 2.33 622
2021-05-01 $887,000 (15.3%) $1,523,123 (32.9%) 2.35 678
2021-06-01 $877,000 (14.8%) $1,526,730 (24.3%) 2.31 757
2021-07-01 $865,000 (10.3%) $1,507,880 (16.0%) 2.28 760
2021-08-01 $849,988 (6.4%) $1,468,555 (9.8%) 2.27 765
2021-09-01 $875,000 (8.2%) $1,528,602 (13.3%) 2.33 742
2021-10-01 $896,500 (6.9%) $1,600,888 (16.7%) 2.39 669
2021-11-01 $897,000 (10.7%) $1,659,822 (22.4%) 2.40 499
2021-12-01 $915,745 (14.5%) $1,734,824 (28.4%) 2.48 352
2022-01-01 $929,000 (16.3%) $1,768,326 (28.5%) 2.51 257
2022-02-01 $954,500 (14.9%) $1,817,970 (27.2%) 2.48 294
2022-03-01 $989,500 (20.4%) $1,855,621 (31.8%) 2.48 369
2022-04-01 $995,000 (15.8%) $1,918,519 (31.1%) 2.37 415
2022-05-01 $975,000 (9.9%) $1,839,120 (20.8%) 2.23 547
2022-06-01 $965,625 (10.1%) $1,831,919 (20.0%) 2.15 615
2022-07-01 $959,000 (10.9%) $1,722,565 (14.2%) 2.17 688
2022-08-01 $949,000 (11.7%) $1,689,838 (15.1%) 2.19 710
2022-09-01 $942,000 (7.7%) $1,694,209 (10.8%) 2.20 718
2022-10-01 $919,000 (2.5%) $1,748,368 (9.2%) 2.16 730
2022-11-01 $932,225 (3.9%) $1,796,419 (8.2%) 2.24 643
2022-12-01 $899,000 (-1.8%) $1,718,122 (-1.0%) 2.25 511
Santa Rosa's median listing price for 2022-12-01 was $899,000, a difference of $-16,745 (-1.8%) versus the prior year and $-33,225 versus the prior month.

Santa Rosa's median listing price comes in at 225% of the national average.

Santa Rosa's average listing price for 2022-12-01 was $1,718,122, a difference of $-16,702 (-1.0%) versus the prior year and $-78,297 versus the prior month.

For the 2022-12-01 period, Santa Rosa had 511 MLS listings, a difference of -132 listings (-21%) versus the prior month and 159 listings (45%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Santa Rosa (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 47 days 1,740 sqft
2018-02-01 30 days 1,837 sqft
2018-03-01 29 days 1,795 sqft
2018-04-01 26 days 1,760 sqft
2018-05-01 30 days 1,755 sqft
2018-06-01 32 days 1,748 sqft
2018-07-01 35 days 1,726 sqft
2018-08-01 43 days 1,699 sqft
2018-09-01 47 days 1,700 sqft
2018-10-01 52 days 1,700 sqft
2018-11-01 54 days 1,700 sqft
2018-12-01 67 days 1,683 sqft
2019-01-01 79 days 1,659 sqft
2019-02-01 73 days 1,668 sqft
2019-03-01 57 days 1,693 sqft
2019-04-01 37 days 1,735 sqft
2019-05-01 36 days 1,799 sqft
2019-06-01 44 days 1,811 sqft
2019-07-01 49 days 1,810 sqft
2019-08-01 55 days 1,811 sqft
2019-09-01 62 days 1,814 sqft
2019-10-01 69 days 1,816 sqft
2019-11-01 79 days 1,802 sqft
2019-12-01 90 days 1,794 sqft
2020-01-01 96 days 1,806 sqft
2020-02-01 73 days 1,848 sqft
2020-03-01 51 days 1,908 sqft
2020-04-01 56 days 1,857 sqft
2020-05-01 59 days 1,855 sqft
2020-06-01 49 days 1,862 sqft
2020-07-01 55 days 1,871 sqft
2020-08-01 54 days 1,901 sqft
2020-09-01 58 days 1,871 sqft
2020-10-01 47 days 1,883 sqft
2020-11-01 46 days 1,843 sqft
2020-12-01 58 days 1,814 sqft
2021-01-01 71 days 1,840 sqft
2021-02-01 60 days 1,864 sqft
2021-03-01 44 days 1,872 sqft
2021-04-01 45 days 1,896 sqft
2021-05-01 43 days 1,903 sqft
2021-06-01 43 days 1,884 sqft
2021-07-01 48 days 1,870 sqft
2021-08-01 52 days 1,845 sqft
2021-09-01 55 days 1,877 sqft
2021-10-01 58 days 1,884 sqft
2021-11-01 63 days 1,933 sqft
2021-12-01 73 days 1,933 sqft
2022-01-01 63 days 1,913 sqft
2022-02-01 36 days 1,887 sqft
2022-03-01 39 days 1,870 sqft
2022-04-01 43 days 1,906 sqft
2022-05-01 41 days 1,889 sqft
2022-06-01 46 days 1,893 sqft
2022-07-01 49 days 1,878 sqft
2022-08-01 54 days 1,848 sqft
2022-09-01 60 days 1,840 sqft
2022-10-01 64 days 1,840 sqft
2022-11-01 69 days 1,851 sqft
2022-12-01 83 days 1,827 sqft
Santa Rosa's median listing age (time on market) for 2022-12-01 was 83 days. This is 13% longer than the same period one year ago.

Santa Rosa's median square footage for active listings during the 2022-12-01 period was 1,827 sqft. One year prior, the average listing was 1,933 sqft.