Show Low USDA Loan Rates, Closing Costs & Stats

Show Low, AZ

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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.

    Show Low's 8 lenders originated 10 USDA loans during 2023. The total origination value was $2,330,000, with an average USDA loan value of $233,000.

    Show Low USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Show Low averaged 0.19% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

    Show Low's average USDA mortgage closing costs are $6,307.

    The average rate for the prior week (2024-11-08) was 6.64% and one month ago for the week of 2024-10-11, the average rate was 6.5%.

    The average rate one year ago was 7.43%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0.37%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Paramount Residential Mortgage Group, Inc. 3 6.04% $5,569
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.00% $7,397
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 5.13% $7,933
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.13% $9,998
    STARBOARD FINANCIAL MANAGEMENT, LLC 1 6.50% $8,817
    UNITED WHOLESALE MORTGAGE, LLC 1 5.13% $9,998
    GUILD MORTGAGE COMPANY 1 6.88% $17,141
    V.I.P. MORTGAGE, INC. 1 6.49% $11,365

    The top Show Low USDA lender as defined by loan originations is Paramount Residential Mortgage Group, Inc., with 3 USDA loans originated. Their average total fees are $5,569, which is $1,827 lower than the next largest lender, HIGHLANDS RESIDENTIAL MORTGAGE, LTD..

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

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

    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
    2024-01-01 $497,000 (5.3%) $570,323 (1.0%) 0.00 316
    2024-02-01 $500,000 (0.2%) $587,497 (2.9%) 0.00 336
    2024-03-01 $499,900 (0.8%) $586,302 (3.4%) 0.00 412
    2024-04-01 $499,000 (2.9%) $578,631 (1.7%) 0.00 542
    2024-05-01 $498,925 (1.5%) $578,204 (-0.1%) 0.00 669
    2024-06-01 $499,900 (2.1%) $590,640 (1.2%) 0.00 732
    2024-07-01 $499,900 (0.2%) $600,009 (2.4%) 0.00 631
    2024-08-01 $500,000 (0.2%) $634,225 (9.1%) 0.00 587
    2024-09-01 $517,000 (3.6%) $655,336 (14.4%) 0.00 550
    2024-10-01 $511,000 (3.4%) $652,811 (15.2%) 0.00 523
    Show Low's median listing price for 2024-10-01 was $511,000, a difference of $16,900 (3.4%) versus the prior year and $-6,000 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 2024-10-01 was $652,811, a difference of $86,066 (15.2%) versus the prior year and $-2,525 versus the prior month.

    For the 2024-10-01 period, Show Low had 523 MLS listings, a difference of -27 listings (-5%) versus the prior month and 51 listings (11%) 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
    2024-01-01 0 days 1,844 sqft
    2024-02-01 0 days 1,838 sqft
    2024-03-01 0 days 1,836 sqft
    2024-04-01 0 days 1,800 sqft
    2024-05-01 0 days 1,790 sqft
    2024-06-01 0 days 1,797 sqft
    2024-07-01 0 days 1,801 sqft
    2024-08-01 0 days 1,808 sqft
    2024-09-01 0 days 1,830 sqft
    2024-10-01 0 days 1,831 sqft
    Show Low's median listing age (time on market) for 2024-10-01 was 0 days.

    Show Low's median square footage for active listings during the 2024-10-01 period was 1,831 sqft. One year prior, the average listing was 1,822 sqft.