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 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
0.29%
for the week of 2024-11-29, 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 (2024-11-22) was
6.89% and
one month ago for the week of 2024-10-25, the
average rate was 6.69%.
The average rate one year ago was 7.49%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0.57%.
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. LouisDate | 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 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. LouisDate | 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 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.