Seattle USDA Loan Rates, Closing Costs & Stats

Seattle-Tacoma-Bellevue, WA

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    • 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.

    Seattle's 12 lenders originated 15 USDA loans during 2023. The total origination value was $7,035,000, with an average USDA loan value of $469,000.

    Seattle USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Seattle averaged 6.18% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Seattle's average USDA mortgage closing costs are $9,127.

    The average rate for the prior week (2025-02-07) was 6.24% and one month ago for the week of 2025-01-10, the average rate was 6.48%.

    The average rate one year ago was 6.28%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.72%.

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

    Seattle 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 Seattle level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    MOVEMENT MORTGAGE, LLC 3 6.21% $19,022
    GUILD MORTGAGE COMPANY 2 6.00% $19,958
    CROSSCOUNTRY MORTGAGE, LLC 1 6.25% $15,436
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.00% $9,735
    GUARANTEED RATE, INC. 1 7.25% $19,144
    MUTUAL OF OMAHA MORTGAGE, INC. 1 4.75% $15,282
    NEWREZ LLC 1 4.99% $15,996
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.63% $11,843
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.75% $18,439
    BROKER SOLUTIONS, INC. 1 5.25% $27,164
    UNITED WHOLESALE MORTGAGE, LLC 1 5.75% $12,166
    CALIBER HOME LOANS, INC. 1 5.75% $9,431

    The top Seattle USDA lender as defined by loan originations is MOVEMENT MORTGAGE, LLC, with 3 USDA loans originated. Their average total fees are $19,022, which is $936 lower than the next largest lender, GUILD MORTGAGE COMPANY.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Seattle (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 $494,878 (13.3%) $817,476 (17.5%) 1.83 2,935
    2018-02-01 $522,475 (13.7%) $837,160 (12.5%) 1.90 2,977
    2018-03-01 $550,000 (14.9%) $855,943 (13.2%) 1.93 3,291
    2018-04-01 $560,350 (13.0%) $860,602 (10.6%) 1.90 3,915
    2018-05-01 $571,700 (14.5%) $860,476 (9.9%) 1.91 4,775
    2018-06-01 $575,000 (15.0%) $857,803 (10.4%) 1.92 5,926
    2018-07-01 $565,925 (13.3%) $823,615 (7.1%) 1.89 7,217
    2018-08-01 $550,483 (12.9%) $794,785 (6.7%) 1.85 8,155
    2018-09-01 $549,950 (12.5%) $784,156 (4.7%) 1.85 9,204
    2018-10-01 $552,500 (12.8%) $781,837 (2.9%) 1.87 9,383
    2018-11-01 $549,998 (11.7%) $781,663 (0.8%) 1.86 8,294
    2018-12-01 $550,000 (11.1%) $789,581 (-0.7%) 1.90 6,850
    2019-01-01 $562,475 (13.7%) $817,163 (0.0%) 1.94 5,558
    2019-02-01 $593,745 (13.6%) $859,510 (2.7%) 2.01 5,429
    2019-03-01 $608,423 (10.6%) $873,910 (2.1%) 1.99 5,655
    2019-04-01 $627,445 (12.0%) $899,002 (4.5%) 1.99 5,935
    2019-05-01 $623,714 (9.1%) $881,335 (2.4%) 1.95 7,098
    2019-06-01 $614,950 (7.0%) $859,290 (0.2%) 1.92 7,807
    2019-07-01 $599,995 (6.0%) $850,226 (3.2%) 1.88 7,784
    2019-08-01 $595,836 (8.2%) $841,704 (5.9%) 1.89 8,177
    2019-09-01 $589,741 (7.2%) $834,131 (6.4%) 1.89 8,311
    2019-10-01 $585,677 (6.0%) $829,082 (6.0%) 1.89 8,319
    2019-11-01 $579,000 (5.3%) $833,943 (6.7%) 1.90 6,739
    2019-12-01 $579,950 (5.5%) $846,363 (7.2%) 1.93 4,768
    2020-01-01 $587,500 (4.5%) $867,130 (6.1%) 1.96 3,866
    2020-02-01 $599,900 (1.0%) $889,510 (3.5%) 1.96 3,790
    2020-03-01 $606,495 (-0.3%) $882,234 (1.0%) 1.90 4,299
    2020-04-01 $599,950 (-4.4%) $851,077 (-5.3%) 1.88 4,888
    2020-05-01 $608,000 (-2.5%) $859,906 (-2.4%) 1.85 5,649
    2020-06-01 $621,498 (1.1%) $887,354 (3.3%) 1.83 5,729
    2020-07-01 $627,000 (4.5%) $896,058 (5.4%) 1.82 5,735
    2020-08-01 $625,000 (4.9%) $885,121 (5.2%) 1.79 5,959
    2020-09-01 $624,999 (6.0%) $885,251 (6.1%) 1.79 6,059
    2020-10-01 $619,990 (5.9%) $890,134 (7.4%) 1.78 5,838
    2020-11-01 $626,725 (8.2%) $922,318 (10.6%) 1.83 4,129
    2020-12-01 $624,975 (7.8%) $930,668 (10.0%) 1.86 3,092
    2021-01-01 $638,000 (8.6%) $958,591 (10.6%) 1.90 2,424
    2021-02-01 $648,625 (8.1%) $953,436 (7.2%) 1.89 2,219
    2021-03-01 $652,500 (7.6%) $924,093 (4.7%) 1.85 2,584
    2021-04-01 $669,975 (11.7%) $940,369 (10.5%) 1.81 2,763
    2021-05-01 $679,900 (11.8%) $946,099 (10.0%) 1.81 2,937
    2021-06-01 $683,725 (10.0%) $944,535 (6.4%) 1.80 3,425
    2021-07-01 $689,950 (10.0%) $943,656 (5.3%) 1.82 3,641
    2021-08-01 $674,975 (8.0%) $912,385 (3.1%) 1.80 3,753
    2021-09-01 $675,000 (8.0%) $918,542 (3.8%) 1.80 3,744
    2021-10-01 $675,000 (8.9%) $939,780 (5.6%) 1.80 3,324
    2021-11-01 $674,995 (7.7%) $947,493 (2.7%) 1.80 2,510
    2021-12-01 $662,500 (6.0%) $933,507 (0.3%) 1.79 1,660
    2022-01-01 $685,000 (7.4%) $1,001,387 (4.5%) 1.85 1,315
    2022-02-01 $722,450 (11.4%) $1,051,274 (10.3%) 1.88 1,539
    2022-03-01 $749,950 (14.9%) $1,075,930 (16.4%) 1.88 1,867
    2022-04-01 $799,950 (19.4%) $1,128,806 (20.0%) 1.91 2,207
    2022-05-01 $824,995 (21.3%) $1,161,979 (22.8%) 1.89 3,971
    2022-06-01 $802,495 (17.4%) $1,135,816 (20.3%) 1.79 5,457
    2022-07-01 $789,950 (14.5%) $1,083,308 (14.8%) 1.78 6,954
    2022-08-01 $774,950 (14.8%) $1,075,090 (17.8%) 1.79 6,961
    2022-09-01 $762,485 (13.0%) $1,078,846 (17.5%) 1.78 6,694
    2022-10-01 $750,000 (11.1%) $1,060,491 (12.8%) 1.76 6,701
    2022-11-01 $737,450 (9.3%) $1,056,940 (11.6%) 1.77 6,006
    2022-12-01 $725,000 (9.4%) $1,038,754 (11.3%) 1.79 4,559
    2023-01-01 $727,000 (6.1%) $1,042,070 (4.1%) 1.80 3,674
    2023-02-01 $749,950 (3.8%) $1,105,889 (5.2%) 1.81 3,116
    2023-03-01 $789,225 (5.2%) $1,177,299 (9.4%) 1.86 3,106
    2023-04-01 $825,000 (3.1%) $1,236,224 (9.5%) 1.92 3,165
    2023-05-01 $822,500 (-0.3%) $1,235,201 (6.3%) 1.87 3,543
    2023-06-01 $824,500 (2.7%) $1,225,756 (7.9%) 1.85 4,090
    2023-07-01 $815,000 (3.2%) $1,242,311 (14.7%) 1.85 4,267
    2023-08-01 $799,475 (3.2%) $1,226,371 (14.1%) 1.84 4,504
    2023-09-01 $799,000 (4.8%) $1,215,186 (12.6%) 1.86 4,774
    2023-10-01 $792,250 (5.6%) $1,179,771 (11.3%) 1.86 4,808
    2023-11-01 $752,413 (2.0%) $1,110,443 (5.1%) 1.79 5,293
    2023-12-01 $749,000 (3.3%) $1,088,306 (4.8%) 1.83 4,177
    2024-01-01 $749,495 (3.1%) $1,122,633 (7.7%) 1.83 3,319
    2024-02-01 $765,000 (2.0%) $1,155,569 (4.5%) 1.84 3,294
    2024-03-01 $767,875 (-2.7%) $1,150,459 (-2.3%) 1.81 3,737
    2024-04-01 $774,973 (-6.1%) $1,152,313 (-6.8%) 1.80 4,349
    2024-05-01 $774,950 (-5.8%) $1,148,303 (-7.0%) 1.76 5,734
    2024-06-01 $788,000 (-4.4%) $1,134,374 (-7.5%) 1.79 6,617
    2024-07-01 $779,245 (-4.4%) $1,127,751 (-9.2%) 1.78 7,399
    2024-08-01 $775,000 (-3.1%) $1,122,421 (-8.5%) 1.80 7,624
    2024-09-01 $772,425 (-3.3%) $1,116,728 (-8.1%) 1.82 8,018
    2024-10-01 $759,975 (-4.1%) $1,104,829 (-6.4%) 1.79 7,716
    2024-11-01 $740,000 (-1.7%) $1,077,087 (-3.0%) 1.78 6,613
    2024-12-01 $724,475 (-3.3%) $1,060,094 (-2.6%) 1.80 4,933
    2025-01-01 $725,813 (-3.2%) $1,045,293 (-6.9%) 0.00 4,364
    Seattle's median listing price for 2025-01-01 was $725,813, a difference of $-23,682 (-3.2%) versus the prior year and $1,338 versus the prior month.

    Seattle's median listing price comes in at 0% of the national average.

    Seattle's average listing price for 2025-01-01 was $1,045,293, a difference of $-77,340 (-6.9%) versus the prior year and $-14,801 versus the prior month.

    For the 2025-01-01 period, Seattle had 4,364 MLS listings, a difference of -569 listings (-12%) versus the prior month and 1,045 listings (31%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Seattle (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 43 days 2,184 sqft
    2018-02-01 26 days 2,178 sqft
    2018-03-01 22 days 2,172 sqft
    2018-04-01 22 days 2,153 sqft
    2018-05-01 19 days 2,180 sqft
    2018-06-01 22 days 2,180 sqft
    2018-07-01 29 days 2,136 sqft
    2018-08-01 30 days 2,104 sqft
    2018-09-01 36 days 2,040 sqft
    2018-10-01 38 days 2,035 sqft
    2018-11-01 45 days 2,018 sqft
    2018-12-01 59 days 2,040 sqft
    2019-01-01 63 days 2,082 sqft
    2019-02-01 42 days 2,140 sqft
    2019-03-01 33 days 2,137 sqft
    2019-04-01 24 days 2,160 sqft
    2019-05-01 28 days 2,117 sqft
    2019-06-01 31 days 2,109 sqft
    2019-07-01 37 days 2,110 sqft
    2019-08-01 39 days 2,084 sqft
    2019-09-01 41 days 2,059 sqft
    2019-10-01 43 days 2,045 sqft
    2019-11-01 50 days 2,020 sqft
    2019-12-01 61 days 2,042 sqft
    2020-01-01 65 days 2,051 sqft
    2020-02-01 31 days 2,064 sqft
    2020-03-01 23 days 2,089 sqft
    2020-04-01 31 days 2,074 sqft
    2020-05-01 35 days 2,053 sqft
    2020-06-01 31 days 2,036 sqft
    2020-07-01 30 days 2,010 sqft
    2020-08-01 30 days 1,920 sqft
    2020-09-01 33 days 1,840 sqft
    2020-10-01 35 days 1,771 sqft
    2020-11-01 41 days 1,707 sqft
    2020-12-01 48 days 1,681 sqft
    2021-01-01 43 days 1,660 sqft
    2021-02-01 29 days 1,678 sqft
    2021-03-01 23 days 1,748 sqft
    2021-04-01 23 days 1,773 sqft
    2021-05-01 20 days 1,800 sqft
    2021-06-01 20 days 1,819 sqft
    2021-07-01 23 days 1,821 sqft
    2021-08-01 26 days 1,822 sqft
    2021-09-01 29 days 1,855 sqft
    2021-10-01 33 days 1,845 sqft
    2021-11-01 35 days 1,825 sqft
    2021-12-01 39 days 1,793 sqft
    2022-01-01 37 days 1,792 sqft
    2022-02-01 16 days 1,817 sqft
    2022-03-01 17 days 1,889 sqft
    2022-04-01 16 days 1,964 sqft
    2022-05-01 16 days 2,066 sqft
    2022-06-01 22 days 2,050 sqft
    2022-07-01 28 days 2,040 sqft
    2022-08-01 34 days 2,025 sqft
    2022-09-01 39 days 2,010 sqft
    2022-10-01 39 days 1,970 sqft
    2022-11-01 45 days 1,952 sqft
    2022-12-01 59 days 1,960 sqft
    2023-01-01 65 days 1,950 sqft
    2023-02-01 43 days 1,978 sqft
    2023-03-01 32 days 2,049 sqft
    2023-04-01 31 days 2,029 sqft
    2023-05-01 29 days 2,035 sqft
    2023-06-01 29 days 2,035 sqft
    2023-07-01 33 days 2,040 sqft
    2023-08-01 33 days 2,002 sqft
    2023-09-01 37 days 1,986 sqft
    2023-10-01 38 days 1,960 sqft
    2023-11-01 45 days 1,913 sqft
    2023-12-01 57 days 1,888 sqft
    2024-01-01 59 days 1,845 sqft
    2024-02-01 32 days 1,840 sqft
    2024-03-01 29 days 1,860 sqft
    2024-04-01 29 days 1,860 sqft
    2024-05-01 21 days 1,892 sqft
    2024-06-01 26 days 1,911 sqft
    2024-07-01 36 days 1,916 sqft
    2024-08-01 38 days 1,928 sqft
    2024-09-01 43 days 1,910 sqft
    2024-10-01 44 days 1,868 sqft
    2024-11-01 51 days 1,840 sqft
    2024-12-01 63 days 1,780 sqft
    2025-01-01 0 days 1,760 sqft
    Seattle's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Seattle's median square footage for active listings during the 2025-01-01 period was 1,760 sqft. One year prior, the average listing was 1,845 sqft.