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 6.82% for the week of 2024-04-12, compared to the national average (all USDA variants) of 6.705% for the same period.

Sonora's average USDA mortgage closing costs are $7,118.

The average rate for the prior week (2024-04-05) was 6.54% and one month ago for the week of 2024-03-08, the average rate was 6.8%.

The average rate one year ago was 6.41%.

For refis of the same type during the week of 2024-04-12, the average rate was 6.51%.

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

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. Louis
Date 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
Sonora's median listing price for 2024-03-01 was $444,500, a difference of $-10,450 (-2.3%) versus the prior year and $21,000 versus the prior month.

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

Sonora's average listing price for 2024-03-01 was $537,855, a difference of $-33,758 (-5.9%) versus the prior year and $20,678 versus the prior month.

For the 2024-03-01 period, Sonora had 218 MLS listings, a difference of 13 listings (6%) versus the prior month and 68 listings (45%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Sonora (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,731 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
Sonora's median listing age (time on market) for 2024-03-01 was 0 days.

Sonora's median square footage for active listings during the 2024-03-01 period was 1,685 sqft. One year prior, the average listing was 1,781 sqft.