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%.
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. LouisDate | 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 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. LouisDate | 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 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.