Sonora USDA Loan Rates, Closing Costs & Stats
Sonora, CA
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.
Sonora's 1 lenders originated 2 USDA loans during 2023. The total origination value was $520,000, with an average USDA loan value of $260,000.
Sonora USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Sonora
averaged
0.21%
for the week of 2024-11-29, compared to the national average (all USDA variants) of
0% for the same period.
Sonora's average USDA mortgage closing costs are $7,118.
The average rate for the prior week (2024-11-22) was
6.42% and
one month ago for the week of 2024-10-25, the
average rate was 6.22%.
The average rate one year ago was 7.42%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0.2%.
Sonora 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 Sonora level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
UNITED WHOLESALE MORTGAGE, LLC | 1 | 5.88% | $6,272 |
The lowest fee Sonora USDA lenders (with over 10 loans originated) are
.
The lowest rate Sonora USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Sonora (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 | $324,500 (3.0%) | $388,470 (-0.4%) | 0.00 | 312 |
2018-02-01 | $325,000 (3.7%) | $400,783 (1.8%) | 0.00 | 295 |
2018-03-01 | $325,000 (2.4%) | $399,730 (0.1%) | 0.00 | 310 |
2018-04-01 | $344,250 (5.9%) | $419,193 (5.5%) | 0.00 | 325 |
2018-05-01 | $349,950 (7.7%) | $436,029 (8.5%) | 0.00 | 361 |
2018-06-01 | $350,000 (6.4%) | $435,669 (10.2%) | 0.00 | 415 |
2018-07-01 | $349,350 (7.5%) | $423,627 (10.8%) | 0.00 | 498 |
2018-08-01 | $348,500 (7.2%) | $422,071 (8.8%) | 0.00 | 523 |
2018-09-01 | $339,000 (6.1%) | $415,236 (7.2%) | 0.00 | 529 |
2018-10-01 | $337,000 (6.3%) | $407,192 (3.1%) | 0.00 | 506 |
2018-11-01 | $339,000 (9.7%) | $405,325 (4.2%) | 0.00 | 466 |
2018-12-01 | $329,000 (6.5%) | $400,151 (5.0%) | 0.00 | 425 |
2019-01-01 | $334,200 (3.0%) | $408,435 (5.1%) | 0.00 | 342 |
2019-02-01 | $329,450 (1.4%) | $403,979 (0.8%) | 0.00 | 331 |
2019-03-01 | $333,693 (2.7%) | $410,123 (2.6%) | 0.00 | 348 |
2019-04-01 | $339,475 (-1.4%) | $416,794 (-0.6%) | 0.00 | 397 |
2019-05-01 | $347,225 (-0.8%) | $428,450 (-1.7%) | 0.00 | 476 |
2019-06-01 | $354,725 (1.4%) | $432,958 (-0.6%) | 0.00 | 547 |
2019-07-01 | $349,800 (0.1%) | $420,551 (-0.7%) | 0.00 | 613 |
2019-08-01 | $346,636 (-0.5%) | $416,210 (-1.4%) | 0.00 | 630 |
2019-09-01 | $342,341 (1.0%) | $415,306 (0.0%) | 0.00 | 626 |
2019-10-01 | $342,477 (1.6%) | $414,679 (1.8%) | 0.00 | 613 |
2019-11-01 | $339,000 (0.0%) | $415,095 (2.4%) | 0.00 | 555 |
2019-12-01 | $336,000 (2.1%) | $427,851 (6.9%) | 0.00 | 474 |
2020-01-01 | $329,000 (-1.6%) | $426,047 (4.3%) | 0.00 | 363 |
2020-02-01 | $329,450 (0.0%) | $428,953 (6.2%) | 0.00 | 349 |
2020-03-01 | $339,250 (1.7%) | $423,493 (3.3%) | 0.00 | 365 |
2020-04-01 | $336,350 (-0.9%) | $420,924 (1.0%) | 0.00 | 351 |
2020-05-01 | $338,500 (-2.5%) | $424,892 (-0.8%) | 0.00 | 352 |
2020-06-01 | $359,750 (1.4%) | $436,438 (0.8%) | 0.00 | 338 |
2020-07-01 | $369,963 (5.8%) | $445,957 (6.0%) | 0.00 | 319 |
2020-08-01 | $379,600 (9.5%) | $461,660 (10.9%) | 0.00 | 253 |
2020-09-01 | $376,750 (10.1%) | $543,551 (30.9%) | 0.00 | 245 |
2020-10-01 | $375,000 (9.5%) | $543,205 (31.0%) | 0.00 | 250 |
2020-11-01 | $397,000 (17.1%) | $492,644 (18.7%) | 0.00 | 221 |
2020-12-01 | $399,925 (19.0%) | $516,574 (20.7%) | 0.00 | 193 |
2021-01-01 | $435,000 (32.2%) | $544,232 (27.7%) | 0.00 | 165 |
2021-02-01 | $470,000 (42.7%) | $588,717 (37.3%) | 0.00 | 131 |
2021-03-01 | $474,750 (39.9%) | $559,712 (32.2%) | 0.00 | 132 |
2021-04-01 | $449,998 (33.8%) | $534,312 (26.9%) | 0.00 | 160 |
2021-05-01 | $448,500 (32.5%) | $522,519 (23.0%) | 0.00 | 178 |
2021-06-01 | $455,475 (26.6%) | $532,597 (22.0%) | 0.00 | 199 |
2021-07-01 | $449,999 (21.6%) | $533,063 (19.5%) | 0.00 | 207 |
2021-08-01 | $441,100 (16.2%) | $519,087 (12.4%) | 0.00 | 231 |
2021-09-01 | $432,500 (14.8%) | $517,751 (-4.8%) | 0.00 | 249 |
2021-10-01 | $437,000 (16.5%) | $534,538 (-1.6%) | 0.00 | 265 |
2021-11-01 | $457,500 (15.2%) | $565,975 (14.9%) | 0.00 | 239 |
2021-12-01 | $479,894 (20.0%) | $594,450 (15.1%) | 0.00 | 187 |
2022-01-01 | $497,475 (14.4%) | $626,495 (15.1%) | 0.00 | 131 |
2022-02-01 | $495,000 (5.3%) | $638,177 (8.4%) | 0.00 | 118 |
2022-03-01 | $499,250 (5.2%) | $624,496 (11.6%) | 0.00 | 140 |
2022-04-01 | $491,500 (9.2%) | $595,714 (11.5%) | 0.00 | 159 |
2022-05-01 | $480,167 (7.1%) | $1,251,470 (139.5%) | 0.00 | 213 |
2022-06-01 | $472,500 (3.7%) | $579,121 (8.7%) | 0.00 | 265 |
2022-07-01 | $459,000 (2.0%) | $549,897 (3.2%) | 0.00 | 314 |
2022-08-01 | $449,450 (1.9%) | $528,339 (1.8%) | 0.00 | 343 |
2022-09-01 | $448,000 (3.6%) | $532,593 (2.9%) | 0.00 | 318 |
2022-10-01 | $449,000 (2.8%) | $534,937 (0.1%) | 0.00 | 314 |
2022-11-01 | $434,500 (-5.0%) | $531,445 (-6.1%) | 0.00 | 300 |
2022-12-01 | $440,450 (-8.2%) | $541,607 (-8.9%) | 0.00 | 246 |
2023-01-01 | $429,950 (-13.6%) | $543,852 (-13.2%) | 0.00 | 199 |
2023-02-01 | $449,000 (-9.3%) | $558,531 (-12.5%) | 0.00 | 180 |
2023-03-01 | $454,950 (-8.9%) | $571,613 (-8.5%) | 0.00 | 150 |
2023-04-01 | $469,000 (-4.6%) | $584,771 (-1.8%) | 0.00 | 163 |
2023-05-01 | $479,750 (-0.1%) | $607,182 (-51.5%) | 0.00 | 196 |
2023-06-01 | $489,875 (3.7%) | $594,302 (2.6%) | 0.00 | 258 |
2023-07-01 | $489,000 (6.5%) | $570,103 (3.7%) | 0.00 | 281 |
2023-08-01 | $456,999 (1.7%) | $560,130 (6.0%) | 0.00 | 303 |
2023-09-01 | $449,000 (0.2%) | $540,663 (1.5%) | 0.00 | 320 |
2023-10-01 | $449,000 (0.0%) | $535,897 (0.2%) | 0.00 | 340 |
2023-11-01 | $436,750 (0.5%) | $527,214 (-0.8%) | 0.00 | 338 |
2023-12-01 | $427,500 (-2.9%) | $530,216 (-2.1%) | 0.00 | 286 |
2024-01-01 | $430,000 (0.0%) | $519,214 (-4.5%) | 0.00 | 229 |
2024-02-01 | $423,500 (-5.7%) | $517,177 (-7.4%) | 0.00 | 205 |
2024-03-01 | $444,500 (-2.3%) | $537,855 (-5.9%) | 0.00 | 218 |
2024-04-01 | $450,000 (-4.1%) | $555,835 (-5.0%) | 0.00 | 267 |
2024-05-01 | $467,000 (-2.7%) | $575,763 (-5.2%) | 0.00 | 309 |
2024-06-01 | $479,450 (-2.1%) | $580,663 (-2.3%) | 0.00 | 359 |
2024-07-01 | $465,000 (-4.9%) | $562,717 (-1.3%) | 0.00 | 419 |
2024-08-01 | $469,000 (2.6%) | $561,843 (0.3%) | 0.00 | 424 |
2024-09-01 | $467,000 (4.0%) | $559,014 (3.4%) | 0.00 | 437 |
2024-10-01 | $454,000 (1.1%) | $545,249 (1.8%) | 0.00 | 448 |
Sonora's median listing price comes in at 0% of the national average.
Sonora's average listing price for 2024-10-01 was $545,249, a difference of $9,352 (1.8%) versus the prior year and $-13,765 versus the prior month.
For the 2024-10-01 period, Sonora had 448 MLS listings, a difference of 11 listings (3%) versus the prior month and 108 listings (32%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Sonora (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,731 sqft |
2018-02-01 | 0 days | 1,743 sqft |
2018-03-01 | 0 days | 1,750 sqft |
2018-04-01 | 0 days | 1,775 sqft |
2018-05-01 | 0 days | 1,841 sqft |
2018-06-01 | 0 days | 1,873 sqft |
2018-07-01 | 0 days | 1,792 sqft |
2018-08-01 | 0 days | 1,776 sqft |
2018-09-01 | 0 days | 1,792 sqft |
2018-10-01 | 0 days | 1,761 sqft |
2018-11-01 | 0 days | 1,784 sqft |
2018-12-01 | 0 days | 1,762 sqft |
2019-01-01 | 0 days | 1,798 sqft |
2019-02-01 | 0 days | 1,760 sqft |
2019-03-01 | 0 days | 1,790 sqft |
2019-04-01 | 0 days | 1,815 sqft |
2019-05-01 | 0 days | 1,840 sqft |
2019-06-01 | 0 days | 1,844 sqft |
2019-07-01 | 0 days | 1,819 sqft |
2019-08-01 | 0 days | 1,811 sqft |
2019-09-01 | 0 days | 1,816 sqft |
2019-10-01 | 0 days | 1,822 sqft |
2019-11-01 | 0 days | 1,801 sqft |
2019-12-01 | 0 days | 1,803 sqft |
2020-01-01 | 0 days | 1,793 sqft |
2020-02-01 | 0 days | 1,780 sqft |
2020-03-01 | 0 days | 1,765 sqft |
2020-04-01 | 0 days | 1,789 sqft |
2020-05-01 | 0 days | 1,772 sqft |
2020-06-01 | 0 days | 1,813 sqft |
2020-07-01 | 0 days | 1,816 sqft |
2020-08-01 | 0 days | 1,784 sqft |
2020-09-01 | 0 days | 1,788 sqft |
2020-10-01 | 0 days | 1,786 sqft |
2020-11-01 | 0 days | 1,797 sqft |
2020-12-01 | 0 days | 1,801 sqft |
2021-01-01 | 0 days | 1,812 sqft |
2021-02-01 | 0 days | 1,808 sqft |
2021-03-01 | 0 days | 1,813 sqft |
2021-04-01 | 0 days | 1,788 sqft |
2021-05-01 | 0 days | 1,794 sqft |
2021-06-01 | 0 days | 1,786 sqft |
2021-07-01 | 0 days | 1,777 sqft |
2021-08-01 | 0 days | 1,717 sqft |
2021-09-01 | 0 days | 1,719 sqft |
2021-10-01 | 0 days | 1,710 sqft |
2021-11-01 | 0 days | 1,809 sqft |
2021-12-01 | 0 days | 1,839 sqft |
2022-01-01 | 0 days | 1,848 sqft |
2022-02-01 | 0 days | 1,794 sqft |
2022-03-01 | 0 days | 1,878 sqft |
2022-04-01 | 0 days | 1,820 sqft |
2022-05-01 | 0 days | 1,761 sqft |
2022-06-01 | 0 days | 1,810 sqft |
2022-07-01 | 0 days | 1,759 sqft |
2022-08-01 | 0 days | 1,759 sqft |
2022-09-01 | 0 days | 1,771 sqft |
2022-10-01 | 0 days | 1,738 sqft |
2022-11-01 | 0 days | 1,721 sqft |
2022-12-01 | 0 days | 1,721 sqft |
2023-01-01 | 0 days | 1,664 sqft |
2023-02-01 | 0 days | 1,743 sqft |
2023-03-01 | 0 days | 1,781 sqft |
2023-04-01 | 0 days | 1,748 sqft |
2023-05-01 | 0 days | 1,792 sqft |
2023-06-01 | 0 days | 1,829 sqft |
2023-07-01 | 0 days | 1,801 sqft |
2023-08-01 | 0 days | 1,797 sqft |
2023-09-01 | 0 days | 1,736 sqft |
2023-10-01 | 0 days | 1,732 sqft |
2023-11-01 | 0 days | 1,698 sqft |
2023-12-01 | 0 days | 1,681 sqft |
2024-01-01 | 0 days | 1,659 sqft |
2024-02-01 | 0 days | 1,620 sqft |
2024-03-01 | 0 days | 1,685 sqft |
2024-04-01 | 0 days | 1,726 sqft |
2024-05-01 | 0 days | 1,760 sqft |
2024-06-01 | 0 days | 1,812 sqft |
2024-07-01 | 0 days | 1,819 sqft |
2024-08-01 | 0 days | 1,812 sqft |
2024-09-01 | 0 days | 1,809 sqft |
2024-10-01 | 0 days | 1,716 sqft |
Sonora's median square footage for active listings during the 2024-10-01 period was 1,716 sqft. One year prior, the average listing was 1,732 sqft.