Sierra Vista USDA Loan Rates, Closing Costs & Stats

SIERRA VISTA-DOUGLAS, 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.

Sierra Vista's 17 lenders originated 67 USDA loans during 2023. The total origination value was $12,825,000, with an average USDA loan value of $191,418.

Sierra Vista USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Sierra Vista averaged 6.2% for the week of 2024-10-11, compared to the national average (all USDA variants) of 6.08% for the same period.

Sierra Vista's average USDA mortgage closing costs are $4,405.

The average rate for the prior week (2024-10-04) was 5.8% and one month ago for the week of 2024-09-06, the average rate was 6.09%.

The average rate one year ago was 7.48%.

For refis of the same type during the week of 2024-10-11, the average rate was 6.02%.

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

Sierra Vista 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 Sierra Vista level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 15 6.09% $8,230
GUILD MORTGAGE COMPANY 10 6.16% $8,449
ALTITUDE FINANCIAL CORPORATION 7 6.18% $3,448
NOVA FINANCIAL & INVESTMENT CORPORATION 6 6.21% $4,153
CROSSCOUNTRY MORTGAGE, LLC 5 6.27% $5,844
Equity Prime Mortgage LLC 5 6.80% $9,533
Flagstar Bank, FSB 3 6.34% $9,760
Neighborhood Loans, Inc. 3 6.58% $12,184
AMERICAN PACIFIC MORTGAGE CORPORATION 3 6.92% $7,866
V.I.P. MORTGAGE, INC. 2 6.63% $13,348
INSPIRE HOME LOANS INC. 1 6.63% $6,144
PLAZA HOME MORTGAGE, INC. 1 6.75% $9,215
Prosperity Home Mortgage, LLC 1 6.63% $4,865
SeaTrust Mortgage Company 1 6.88% $6,251
STARBOARD FINANCIAL MANAGEMENT, LLC 1 5.63% $6,086
CARDINAL FINANCIAL 1 6.13% $5,480
AMERICAN FINANCIAL NETWORK, INC. 1 6.49% $9,003

The top Sierra Vista USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 15 USDA loans originated. Their average total fees are $8,230, which is $219 lower than the next largest lender, GUILD MORTGAGE COMPANY.

The lowest fee Sierra Vista USDA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($8,230), GUILD MORTGAGE COMPANY ($8,449), .

The lowest rate Sierra Vista USDA lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.09%), GUILD MORTGAGE COMPANY (6.16%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Sierra Vista (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 $169,450 (9.3%) $218,700 (-2.1%) 0.00 763
2018-02-01 $174,925 (11.1%) $223,683 (-1.7%) 0.00 745
2018-03-01 $170,750 (10.2%) $220,482 (-1.0%) 0.00 708
2018-04-01 $176,000 (12.1%) $226,031 (1.5%) 0.00 660
2018-05-01 $178,925 (13.4%) $241,223 (6.4%) 0.00 654
2018-06-01 $185,000 (12.1%) $240,645 (5.2%) 0.00 690
2018-07-01 $189,500 (13.8%) $243,218 (5.5%) 0.00 677
2018-08-01 $184,950 (9.5%) $242,706 (5.9%) 0.00 667
2018-09-01 $179,900 (5.8%) $244,940 (6.7%) 0.00 663
2018-10-01 $180,200 (6.8%) $242,546 (7.6%) 0.00 639
2018-11-01 $185,000 (12.1%) $243,696 (13.3%) 0.00 635
2018-12-01 $185,000 (12.1%) $241,386 (12.0%) 0.00 617
2019-01-01 $189,250 (11.7%) $236,926 (8.3%) 0.00 593
2019-02-01 $186,225 (6.5%) $236,739 (5.8%) 0.00 590
2019-03-01 $192,400 (12.7%) $247,303 (12.2%) 0.00 562
2019-04-01 $196,550 (11.7%) $257,748 (14.0%) 0.00 533
2019-05-01 $196,750 (10.0%) $256,947 (6.5%) 0.00 513
2019-06-01 $196,500 (6.2%) $248,021 (3.1%) 0.00 549
2019-07-01 $198,125 (4.6%) $247,929 (1.9%) 0.00 564
2019-08-01 $198,341 (7.2%) $248,001 (2.2%) 0.00 564
2019-09-01 $198,852 (10.5%) $248,565 (1.5%) 0.00 552
2019-10-01 $199,598 (10.8%) $250,113 (3.1%) 0.00 542
2019-11-01 $199,950 (8.1%) $256,694 (5.3%) 0.00 513
2019-12-01 $204,450 (10.5%) $260,374 (7.9%) 0.00 487
2020-01-01 $199,750 (5.6%) $261,729 (10.5%) 0.00 460
2020-02-01 $203,000 (9.0%) $265,376 (12.1%) 0.00 427
2020-03-01 $199,999 (4.0%) $266,222 (7.7%) 0.00 402
2020-04-01 $207,200 (5.4%) $261,540 (1.5%) 0.00 340
2020-05-01 $211,750 (7.6%) $272,200 (5.9%) 0.00 340
2020-06-01 $215,100 (9.5%) $278,240 (12.2%) 0.00 316
2020-07-01 $211,750 (6.9%) $286,271 (15.5%) 0.00 298
2020-08-01 $225,000 (13.4%) $300,827 (21.3%) 0.00 274
2020-09-01 $218,725 (10.0%) $296,596 (19.3%) 0.00 252
2020-10-01 $219,900 (10.2%) $303,560 (21.4%) 0.00 250
2020-11-01 $218,700 (9.4%) $308,397 (20.1%) 0.00 232
2020-12-01 $215,000 (5.2%) $302,976 (16.4%) 0.00 243
2021-01-01 $219,950 (10.1%) $315,431 (20.5%) 0.00 227
2021-02-01 $225,000 (10.8%) $334,917 (26.2%) 0.00 205
2021-03-01 $240,250 (20.1%) $353,431 (32.8%) 0.00 200
2021-04-01 $245,000 (18.2%) $370,423 (41.6%) 0.00 184
2021-05-01 $245,000 (15.7%) $371,009 (36.3%) 0.00 197
2021-06-01 $254,475 (18.3%) $387,207 (39.2%) 0.00 238
2021-07-01 $262,631 (24.0%) $391,928 (36.9%) 0.00 250
2021-08-01 $266,250 (18.3%) $406,441 (35.1%) 0.00 230
2021-09-01 $299,750 (37.0%) $417,765 (40.9%) 0.00 244
2021-10-01 $294,500 (33.9%) $411,914 (35.7%) 0.00 245
2021-11-01 $282,000 (28.9%) $418,562 (35.7%) 0.00 251
2021-12-01 $282,125 (31.2%) $421,003 (39.0%) 0.00 214
2022-01-01 $287,000 (30.5%) $432,645 (37.2%) 0.00 181
2022-02-01 $297,250 (32.1%) $441,312 (31.8%) 0.00 168
2022-03-01 $281,225 (17.1%) $414,043 (17.2%) 0.00 160
2022-04-01 $289,000 (18.0%) $425,698 (14.9%) 0.00 185
2022-05-01 $284,975 (16.3%) $414,727 (11.8%) 0.00 231
2022-06-01 $295,000 (15.9%) $402,825 (4.0%) 0.00 298
2022-07-01 $295,000 (12.3%) $405,693 (3.5%) 0.00 330
2022-08-01 $316,200 (18.8%) $415,816 (2.3%) 0.00 342
2022-09-01 $330,250 (10.2%) $421,849 (1.0%) 0.00 339
2022-10-01 $329,500 (11.9%) $421,439 (2.3%) 0.00 348
2022-11-01 $317,500 (12.6%) $409,223 (-2.2%) 0.00 368
2022-12-01 $299,250 (6.1%) $404,266 (-4.0%) 0.00 359
2023-01-01 $314,870 (9.7%) $413,193 (-4.5%) 0.00 336
2023-02-01 $299,389 (0.7%) $410,870 (-6.9%) 0.00 327
2023-03-01 $322,475 (14.7%) $434,954 (5.1%) 0.00 307
2023-04-01 $325,000 (12.5%) $426,837 (0.3%) 0.00 315
2023-05-01 $328,000 (15.1%) $433,183 (4.5%) 0.00 307
2023-06-01 $328,450 (11.3%) $436,157 (8.3%) 0.00 305
2023-07-01 $325,000 (10.2%) $434,186 (7.0%) 0.00 303
2023-08-01 $325,000 (2.8%) $421,809 (1.4%) 0.00 330
2023-09-01 $325,000 (-1.6%) $423,331 (0.4%) 0.00 337
2023-10-01 $332,950 (1.1%) $425,879 (1.1%) 0.00 379
2023-11-01 $327,000 (3.0%) $421,697 (3.1%) 0.00 425
2023-12-01 $322,250 (7.7%) $421,145 (4.2%) 0.00 436
2024-01-01 $313,450 (-0.5%) $423,296 (2.4%) 0.00 428
2024-02-01 $313,000 (4.6%) $427,013 (3.9%) 0.00 421
2024-03-01 $319,000 (-1.1%) $421,835 (-3.0%) 0.00 461
2024-04-01 $318,500 (-2.0%) $420,846 (-1.4%) 0.00 460
2024-05-01 $320,500 (-2.3%) $428,493 (-1.1%) 0.00 473
2024-06-01 $329,450 (0.3%) $436,052 (0.0%) 0.00 428
2024-07-01 $313,591 (-3.5%) $396,317 (-8.7%) 0.00 404
2024-08-01 $310,000 (-4.6%) $407,019 (-3.5%) 0.00 398
2024-09-01 $329,225 (1.3%) $404,022 (-4.6%) 0.00 408
Sierra Vista's median listing price for 2024-09-01 was $329,225, a difference of $4,225 (1.3%) versus the prior year and $19,225 versus the prior month.

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

Sierra Vista's average listing price for 2024-09-01 was $404,022, a difference of $-19,309 (-4.6%) versus the prior year and $-2,997 versus the prior month.

For the 2024-09-01 period, Sierra Vista had 408 MLS listings, a difference of 10 listings (3%) versus the prior month and 71 listings (21%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Sierra Vista (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,778 sqft
2018-02-01 0 days 1,806 sqft
2018-03-01 0 days 1,769 sqft
2018-04-01 0 days 1,785 sqft
2018-05-01 0 days 1,779 sqft
2018-06-01 0 days 1,820 sqft
2018-07-01 0 days 1,835 sqft
2018-08-01 0 days 1,829 sqft
2018-09-01 0 days 1,812 sqft
2018-10-01 0 days 1,798 sqft
2018-11-01 0 days 1,802 sqft
2018-12-01 0 days 1,800 sqft
2019-01-01 0 days 1,795 sqft
2019-02-01 0 days 1,788 sqft
2019-03-01 0 days 1,801 sqft
2019-04-01 0 days 1,806 sqft
2019-05-01 0 days 1,790 sqft
2019-06-01 0 days 1,775 sqft
2019-07-01 0 days 1,776 sqft
2019-08-01 0 days 1,768 sqft
2019-09-01 0 days 1,761 sqft
2019-10-01 0 days 1,757 sqft
2019-11-01 0 days 1,756 sqft
2019-12-01 0 days 1,792 sqft
2020-01-01 0 days 1,787 sqft
2020-02-01 0 days 1,788 sqft
2020-03-01 0 days 1,826 sqft
2020-04-01 0 days 1,805 sqft
2020-05-01 0 days 1,796 sqft
2020-06-01 0 days 1,797 sqft
2020-07-01 0 days 1,828 sqft
2020-08-01 0 days 1,865 sqft
2020-09-01 0 days 1,811 sqft
2020-10-01 0 days 1,812 sqft
2020-11-01 0 days 1,792 sqft
2020-12-01 0 days 1,840 sqft
2021-01-01 0 days 1,840 sqft
2021-02-01 0 days 1,817 sqft
2021-03-01 0 days 1,832 sqft
2021-04-01 0 days 1,880 sqft
2021-05-01 0 days 1,798 sqft
2021-06-01 0 days 1,806 sqft
2021-07-01 0 days 1,856 sqft
2021-08-01 0 days 1,837 sqft
2021-09-01 0 days 1,899 sqft
2021-10-01 0 days 1,925 sqft
2021-11-01 0 days 1,913 sqft
2021-12-01 0 days 1,941 sqft
2022-01-01 0 days 1,965 sqft
2022-02-01 0 days 1,934 sqft
2022-03-01 0 days 1,831 sqft
2022-04-01 0 days 1,830 sqft
2022-05-01 0 days 1,800 sqft
2022-06-01 0 days 1,859 sqft
2022-07-01 0 days 1,824 sqft
2022-08-01 0 days 1,885 sqft
2022-09-01 0 days 1,937 sqft
2022-10-01 0 days 1,944 sqft
2022-11-01 0 days 1,883 sqft
2022-12-01 0 days 1,807 sqft
2023-01-01 0 days 1,865 sqft
2023-02-01 0 days 1,843 sqft
2023-03-01 0 days 1,901 sqft
2023-04-01 0 days 1,869 sqft
2023-05-01 0 days 1,903 sqft
2023-06-01 0 days 1,908 sqft
2023-07-01 0 days 1,877 sqft
2023-08-01 0 days 1,855 sqft
2023-09-01 0 days 1,826 sqft
2023-10-01 0 days 1,894 sqft
2023-11-01 0 days 1,875 sqft
2023-12-01 0 days 1,842 sqft
2024-01-01 0 days 1,809 sqft
2024-02-01 0 days 1,792 sqft
2024-03-01 0 days 1,802 sqft
2024-04-01 0 days 1,803 sqft
2024-05-01 0 days 1,804 sqft
2024-06-01 0 days 1,820 sqft
2024-07-01 0 days 1,804 sqft
2024-08-01 0 days 1,816 sqft
2024-09-01 0 days 1,815 sqft
Sierra Vista's median listing age (time on market) for 2024-09-01 was 0 days.

Sierra Vista's median square footage for active listings during the 2024-09-01 period was 1,815 sqft. One year prior, the average listing was 1,826 sqft.