Show Low USDA Loan Rates, Closing Costs & Stats

Show Low, AZ

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.

Show Low's 14 lenders originated 31 USDA loans during 2022. The total origination value was $7,325,000, with an average USDA loan value of $236,290.

Show Low USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Show Low averaged -0.38% for the week of 2024-02-23, compared to the national average (all USDA variants) of 0% for the same period.

Show Low's average USDA mortgage closing costs are $6,225.

The average rate for the prior week (2024-02-16) was 6.6% and one month ago for the week of 2024-01-19, the average rate was 6.28%.

The average rate one year ago was 5.99%.

For refis of the same type during the week of 2024-02-23, the average rate was -0.96%.

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

Show Low 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 Show Low level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Hometown Lenders, Inc. 10 4.01% $6,989
HOME POINT FINANCIAL CORPORATION 4 4.47% $7,367
GUILD MORTGAGE COMPANY 3 4.13% $7,556
UNITED WHOLESALE MORTGAGE, LLC 2 4.42% $8,476
CMG MORTGAGE, INC. 2 5.38% $7,090
AMERICAN PACIFIC MORTGAGE CORPORATION 2 5.69% $10,600
Flagstar Bank, FSB 1 5.25% $12,257
CALIBER HOME LOANS, INC. 1 3.75% $12,423
BAY EQUITY LLC 1 3.63% $10,199
Amerifirst Financial, Inc. 1 5.63% $6,710
LOANDEPOT.COM, LLC 1 5.75% $7,785
MORIA DEVELOPMENT, INC. 1 4.75% $13,637
SUN AMERICAN MORTGAGE COMPANY 1 2.75% $2,424
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.25% $6,464

The top Show Low USDA lender as defined by loan originations is Hometown Lenders, Inc., with 10 USDA loans originated. Their average total fees are $6,989, which is $378 lower than the next largest lender, HOME POINT FINANCIAL CORPORATION.

The lowest fee Show Low USDA lenders (with over 10 loans originated) are Hometown Lenders, Inc. ($6,989), .

The lowest rate Show Low USDA lenders (with over 10 loans originated) are Hometown Lenders, Inc. (4.01%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Show Low (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 $269,675 (8.1%) $353,956 (3.3%) 0.00 616
2018-02-01 $271,717 (8.9%) $348,740 (1.5%) 0.00 591
2018-03-01 $269,900 (3.8%) $349,431 (-1.2%) 0.00 605
2018-04-01 $282,000 (8.5%) $358,428 (0.3%) 0.00 679
2018-05-01 $287,875 (8.6%) $366,186 (4.6%) 0.00 716
2018-06-01 $293,000 (9.7%) $378,420 (8.1%) 0.00 757
2018-07-01 $289,975 (7.4%) $370,141 (2.9%) 0.00 796
2018-08-01 $297,250 (10.1%) $374,458 (3.9%) 0.00 791
2018-09-01 $294,900 (9.2%) $376,212 (3.7%) 0.00 752
2018-10-01 $299,300 (8.8%) $380,757 (3.0%) 0.00 681
2018-11-01 $299,900 (11.5%) $376,259 (5.1%) 0.00 606
2018-12-01 $295,750 (9.8%) $372,762 (4.3%) 0.00 552
2019-01-01 $284,975 (5.7%) $371,861 (5.1%) 0.00 509
2019-02-01 $281,950 (3.8%) $371,845 (6.6%) 0.00 520
2019-03-01 $291,500 (8.0%) $378,439 (8.3%) 0.00 552
2019-04-01 $297,125 (5.4%) $377,658 (5.4%) 0.00 596
2019-05-01 $298,663 (3.8%) $374,997 (2.4%) 0.00 674
2019-06-01 $294,450 (0.5%) $370,138 (-2.2%) 0.00 735
2019-07-01 $279,769 (-3.5%) $353,063 (-4.6%) 0.00 749
2019-08-01 $283,692 (-4.6%) $357,512 (-4.5%) 0.00 711
2019-09-01 $289,771 (-1.7%) $363,628 (-3.3%) 0.00 650
2019-10-01 $293,824 (-1.8%) $369,200 (-3.0%) 0.00 594
2019-11-01 $289,900 (-3.3%) $372,962 (-0.9%) 0.00 525
2019-12-01 $286,950 (-3.0%) $370,030 (-0.7%) 0.00 474
2020-01-01 $283,925 (-0.4%) $355,560 (-4.4%) 0.00 422
2020-02-01 $289,000 (2.5%) $356,798 (-4.1%) 0.00 423
2020-03-01 $289,125 (-0.8%) $363,022 (-4.1%) 0.00 445
2020-04-01 $289,925 (-2.4%) $360,565 (-4.5%) 0.00 482
2020-05-01 $309,250 (3.5%) $369,291 (-1.5%) 0.00 467
2020-06-01 $328,119 (11.4%) $383,723 (3.7%) 0.00 421
2020-07-01 $346,900 (24.0%) $402,615 (14.0%) 0.00 357
2020-08-01 $324,900 (14.5%) $412,040 (15.3%) 0.00 292
2020-09-01 $325,000 (12.2%) $422,873 (16.3%) 0.00 262
2020-10-01 $325,000 (10.6%) $443,075 (20.0%) 0.00 228
2020-11-01 $325,250 (12.2%) $441,063 (18.3%) 0.00 206
2020-12-01 $331,250 (15.4%) $446,397 (20.6%) 0.00 175
2021-01-01 $355,000 (25.0%) $476,627 (34.1%) 0.00 155
2021-02-01 $377,225 (30.5%) $511,222 (43.3%) 0.00 127
2021-03-01 $391,150 (35.3%) $533,165 (46.9%) 0.00 132
2021-04-01 $384,325 (32.6%) $518,471 (43.8%) 0.00 161
2021-05-01 $400,000 (29.4%) $554,635 (50.2%) 0.00 172
2021-06-01 $421,898 (28.6%) $561,683 (46.4%) 0.00 210
2021-07-01 $399,900 (15.3%) $539,055 (33.9%) 0.00 250
2021-08-01 $397,000 (22.2%) $517,870 (25.7%) 0.00 247
2021-09-01 $449,375 (38.3%) $560,440 (32.5%) 0.00 243
2021-10-01 $460,000 (41.5%) $578,589 (30.6%) 0.00 200
2021-11-01 $447,950 (37.7%) $573,630 (30.1%) 0.00 178
2021-12-01 $447,200 (35.0%) $565,522 (26.7%) 0.00 169
2022-01-01 $459,000 (29.3%) $589,536 (23.7%) 0.00 147
2022-02-01 $479,450 (27.1%) $607,876 (18.9%) 0.00 152
2022-03-01 $484,950 (24.0%) $613,657 (15.1%) 0.00 162
2022-04-01 $496,500 (29.2%) $605,263 (16.7%) 0.00 211
2022-05-01 $499,651 (24.9%) $609,590 (9.9%) 0.00 274
2022-06-01 $498,722 (18.2%) $607,286 (8.1%) 0.00 372
2022-07-01 $474,900 (18.8%) $589,676 (9.4%) 0.00 438
2022-08-01 $468,225 (17.9%) $573,406 (10.7%) 0.00 422
2022-09-01 $457,000 (1.7%) $565,698 (0.9%) 0.00 394
2022-10-01 $465,000 (1.1%) $574,495 (-0.7%) 0.00 374
2022-11-01 $488,250 (9.0%) $582,127 (1.5%) 0.00 349
2022-12-01 $489,900 (9.6%) $591,204 (4.5%) 0.00 317
2023-01-01 $471,975 (2.8%) $564,792 (-4.2%) 0.00 299
2023-02-01 $499,000 (4.1%) $571,241 (-6.0%) 0.00 275
2023-03-01 $495,725 (2.2%) $567,031 (-7.6%) 0.00 284
2023-04-01 $485,000 (-2.3%) $568,936 (-6.0%) 0.00 360
2023-05-01 $491,342 (-1.7%) $578,902 (-5.0%) 0.00 433
2023-06-01 $489,450 (-1.9%) $583,892 (-3.9%) 0.00 472
2023-07-01 $499,000 (5.1%) $585,794 (-0.7%) 0.00 475
2023-08-01 $499,000 (6.6%) $581,107 (1.3%) 0.00 478
2023-09-01 $499,000 (9.2%) $572,910 (1.3%) 0.00 479
2023-10-01 $494,100 (6.3%) $566,745 (-1.4%) 0.00 472
2023-11-01 $495,000 (1.4%) $570,539 (-2.0%) 0.00 468
2023-12-01 $495,000 (1.0%) $569,741 (-3.6%) 0.00 416
Show Low's median listing price for 2023-12-01 was $495,000, a difference of $5,100 (1.0%) versus the prior year and $0 versus the prior month.

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

Show Low's average listing price for 2023-12-01 was $569,741, a difference of $-21,463 (-3.6%) versus the prior year and $-798 versus the prior month.

For the 2023-12-01 period, Show Low had 416 MLS listings, a difference of -52 listings (-11%) versus the prior month and 99 listings (31%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Show Low (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,890 sqft
2018-02-01 0 days 1,894 sqft
2018-03-01 0 days 1,849 sqft
2018-04-01 0 days 1,885 sqft
2018-05-01 0 days 1,919 sqft
2018-06-01 0 days 1,921 sqft
2018-07-01 0 days 1,919 sqft
2018-08-01 0 days 1,951 sqft
2018-09-01 0 days 1,937 sqft
2018-10-01 0 days 1,979 sqft
2018-11-01 0 days 1,997 sqft
2018-12-01 0 days 1,950 sqft
2019-01-01 0 days 1,864 sqft
2019-02-01 0 days 1,851 sqft
2019-03-01 0 days 1,880 sqft
2019-04-01 0 days 1,906 sqft
2019-05-01 0 days 1,885 sqft
2019-06-01 0 days 1,886 sqft
2019-07-01 0 days 1,834 sqft
2019-08-01 0 days 1,858 sqft
2019-09-01 0 days 1,865 sqft
2019-10-01 0 days 1,877 sqft
2019-11-01 0 days 1,890 sqft
2019-12-01 0 days 1,889 sqft
2020-01-01 0 days 1,859 sqft
2020-02-01 0 days 1,846 sqft
2020-03-01 0 days 1,828 sqft
2020-04-01 0 days 1,836 sqft
2020-05-01 0 days 1,850 sqft
2020-06-01 0 days 1,880 sqft
2020-07-01 0 days 1,993 sqft
2020-08-01 0 days 1,966 sqft
2020-09-01 0 days 2,008 sqft
2020-10-01 0 days 1,946 sqft
2020-11-01 0 days 1,911 sqft
2020-12-01 0 days 1,937 sqft
2021-01-01 0 days 1,955 sqft
2021-02-01 0 days 1,941 sqft
2021-03-01 0 days 1,998 sqft
2021-04-01 0 days 1,887 sqft
2021-05-01 0 days 1,865 sqft
2021-06-01 0 days 1,823 sqft
2021-07-01 0 days 1,852 sqft
2021-08-01 0 days 1,807 sqft
2021-09-01 0 days 1,920 sqft
2021-10-01 0 days 1,959 sqft
2021-11-01 0 days 1,922 sqft
2021-12-01 0 days 1,870 sqft
2022-01-01 0 days 1,834 sqft
2022-02-01 0 days 1,842 sqft
2022-03-01 0 days 1,898 sqft
2022-04-01 0 days 1,841 sqft
2022-05-01 0 days 1,870 sqft
2022-06-01 0 days 1,868 sqft
2022-07-01 0 days 1,820 sqft
2022-08-01 0 days 1,829 sqft
2022-09-01 0 days 1,812 sqft
2022-10-01 0 days 1,854 sqft
2022-11-01 0 days 1,886 sqft
2022-12-01 0 days 1,944 sqft
2023-01-01 0 days 1,883 sqft
2023-02-01 0 days 1,882 sqft
2023-03-01 0 days 1,854 sqft
2023-04-01 0 days 1,828 sqft
2023-05-01 0 days 1,828 sqft
2023-06-01 0 days 1,830 sqft
2023-07-01 0 days 1,830 sqft
2023-08-01 0 days 1,814 sqft
2023-09-01 0 days 1,821 sqft
2023-10-01 0 days 1,822 sqft
2023-11-01 0 days 1,825 sqft
2023-12-01 0 days 1,823 sqft
Show Low's median listing age (time on market) for 2023-12-01 was 0 days.

Show Low's median square footage for active listings during the 2023-12-01 period was 1,823 sqft. One year prior, the average listing was 1,944 sqft.