Sierra Vista USDA Loan Rates, Closing Costs & Stats

SIERRA VISTA-DOUGLAS, AZ

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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 6.43% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

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

    The average rate for the prior week (2024-12-06) was 6.36% and one month ago for the week of 2024-11-08, the average rate was 6.48%.

    The average rate one year ago was 6.65%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.24%.

    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
    2024-10-01 $327,000 (-1.8%) $406,817 (-4.5%) 0.00 421
    2024-11-01 $325,000 (-0.6%) $398,871 (-5.4%) 0.00 440
    Sierra Vista's median listing price for 2024-11-01 was $325,000, a difference of $-2,000 (-0.6%) versus the prior year and $-2,000 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 2024-11-01 was $398,871, a difference of $-22,826 (-5.4%) versus the prior year and $-7,946 versus the prior month.

    For the 2024-11-01 period, Sierra Vista had 440 MLS listings, a difference of 19 listings (5%) versus the prior month and 15 listings (4%) 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
    2024-10-01 0 days 1,832 sqft
    2024-11-01 0 days 1,806 sqft
    Sierra Vista's median listing age (time on market) for 2024-11-01 was 0 days.

    Sierra Vista's median square footage for active listings during the 2024-11-01 period was 1,806 sqft. One year prior, the average listing was 1,875 sqft.