St. George USDA Loan Rates, Closing Costs & Stats

ST. GEORGE, UT

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.

St. George's 10 lenders originated 11 USDA loans during 2022. The total origination value was $3,645,000, with an average USDA loan value of $331,364.

St. George USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in St. George averaged 6.36% for the week of 2024-02-16, compared to the national average (all USDA variants) of 6.685% for the same period.

St. George's average USDA mortgage closing costs are $6,454.

The average rate for the prior week (2024-02-09) was 6% and one month ago for the week of 2024-01-12, the average rate was 5.72%.

The average rate one year ago was 5.66%.

For refis of the same type during the week of 2024-02-16, the average rate was 5.64%.

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

St. George 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 St. George level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
BROKER SOLUTIONS, INC. 2 4.12% $8,724
Bank of Utah 1 3.88% $10,743
BAY EQUITY LLC 1 3.25% $11,024
CARDINAL FINANCIAL 1 4.25% $8,282
CHERRY CREEK MORTGAGE, LLC 1 3.00% $9,358
FIRST COLONY MORTGAGE CORPORATION 1 5.13% $10,508
GUILD MORTGAGE COMPANY 1 3.13% $8,247
MY MOVE MORTGAGE, LLC 1 4.13% $4,828
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 4.75% $11,237
VERITAS FUNDING, LLC 1 2.88% $7,898

The top St. George USDA lender as defined by loan originations is BROKER SOLUTIONS, INC., with 2 USDA loans originated. Their average total fees are $8,724, which is $2,020 lower than the next largest lender, Bank of Utah.

The lowest fee St. George USDA lenders (with over 10 loans originated) are .

The lowest rate St. George USDA lenders (with over 10 loans originated) are .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - St. George (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 $364,950 (6.6%) $468,710 (0.7%) 0.00 1,049
2018-02-01 $379,450 (8.5%) $538,718 (14.9%) 0.00 1,149
2018-03-01 $379,900 (8.6%) $537,314 (16.3%) 0.00 1,142
2018-04-01 $390,875 (11.7%) $561,402 (22.0%) 0.00 1,072
2018-05-01 $396,250 (6.4%) $556,838 (7.0%) 0.00 1,053
2018-06-01 $389,000 (4.6%) $541,935 (4.9%) 0.00 1,064
2018-07-01 $381,942 (6.1%) $541,181 (6.3%) 0.00 1,098
2018-08-01 $388,900 (6.8%) $478,965 (-6.5%) 0.00 1,119
2018-09-01 $386,173 (5.8%) $495,232 (-3.5%) 0.00 1,198
2018-10-01 $379,900 (6.9%) $484,825 (6.1%) 0.00 1,294
2018-11-01 $377,561 (7.3%) $477,462 (4.6%) 0.00 1,326
2018-12-01 $379,950 (4.5%) $479,560 (2.8%) 0.00 1,246
2019-01-01 $379,950 (4.1%) $479,747 (2.4%) 0.00 1,210
2019-02-01 $397,000 (4.6%) $493,515 (-8.4%) 0.00 1,367
2019-03-01 $399,900 (5.3%) $499,486 (-7.0%) 0.00 1,410
2019-04-01 $399,900 (2.3%) $495,762 (-11.7%) 0.00 1,380
2019-05-01 $399,900 (0.9%) $501,703 (-9.9%) 0.00 1,261
2019-06-01 $399,900 (2.8%) $502,227 (-7.3%) 0.00 1,236
2019-07-01 $409,175 (7.1%) $2,166,063 (300.3%) 0.00 1,187
2019-08-01 $406,664 (4.6%) $1,748,773 (265.1%) 0.00 1,217
2019-09-01 $402,634 (4.3%) $1,049,189 (111.9%) 0.00 1,298
2019-10-01 $400,197 (5.3%) $520,251 (7.3%) 0.00 1,338
2019-11-01 $418,135 (10.8%) $527,888 (10.6%) 0.00 1,220
2019-12-01 $427,500 (12.5%) $535,906 (11.8%) 0.00 1,174
2020-01-01 $429,450 (13.0%) $538,565 (12.3%) 0.00 1,161
2020-02-01 $429,900 (8.3%) $552,590 (12.0%) 0.00 1,234
2020-03-01 $439,900 (10.0%) $569,943 (14.1%) 0.00 1,250
2020-04-01 $444,400 (11.1%) $560,220 (13.0%) 0.00 1,340
2020-05-01 $439,900 (10.0%) $568,815 (13.4%) 0.00 1,213
2020-06-01 $444,920 (11.3%) $586,208 (16.7%) 0.00 974
2020-07-01 $454,000 (11.0%) $603,191 (-72.2%) 0.00 819
2020-08-01 $456,000 (12.1%) $641,269 (-63.3%) 0.00 667
2020-09-01 $467,500 (16.1%) $678,244 (-35.4%) 0.00 605
2020-10-01 $500,000 (24.9%) $758,599 (45.8%) 0.00 513
2020-11-01 $529,900 (26.7%) $831,809 (57.6%) 0.00 460
2020-12-01 $538,425 (26.0%) $828,405 (54.6%) 0.00 413
2021-01-01 $549,250 (27.9%) $839,009 (55.8%) 0.00 312
2021-02-01 $584,832 (36.0%) $846,219 (53.1%) 0.00 287
2021-03-01 $612,450 (39.2%) $835,305 (46.6%) 0.00 259
2021-04-01 $635,086 (42.9%) $840,053 (50.0%) 0.00 254
2021-05-01 $650,000 (47.8%) $887,800 (56.1%) 0.00 318
2021-06-01 $649,925 (46.1%) $1,270,947 (116.8%) 0.00 413
2021-07-01 $645,000 (42.1%) $1,163,608 (92.9%) 0.00 524
2021-08-01 $625,000 (37.1%) $1,102,629 (71.9%) 0.00 593
2021-09-01 $630,875 (35.0%) $1,000,068 (47.5%) 0.00 680
2021-10-01 $620,000 (24.0%) $990,752 (30.6%) 0.00 703
2021-11-01 $634,500 (19.7%) $1,016,101 (22.2%) 0.00 618
2021-12-01 $659,950 (22.6%) $1,100,818 (32.9%) 0.00 506
2022-01-01 $725,000 (32.0%) $1,203,247 (43.4%) 0.00 409
2022-02-01 $770,000 (31.7%) $1,276,826 (50.9%) 0.00 369
2022-03-01 $788,000 (28.7%) $1,252,213 (49.9%) 0.00 431
2022-04-01 $779,500 (22.7%) $986,129 (17.4%) 0.00 473
2022-05-01 $765,725 (17.8%) $951,086 (7.1%) 0.00 676
2022-06-01 $739,950 (13.9%) $901,399 (-29.1%) 0.00 866
2022-07-01 $699,900 (8.5%) $848,270 (-27.1%) 0.00 1,101
2022-08-01 $665,925 (6.6%) $799,705 (-27.5%) 0.00 1,247
2022-09-01 $656,475 (4.1%) $788,189 (-21.2%) 0.00 1,293
2022-10-01 $649,900 (4.8%) $778,238 (-21.5%) 0.00 1,375
2022-11-01 $649,450 (2.4%) $776,142 (-23.6%) 0.00 1,379
2022-12-01 $649,500 (-1.6%) $779,550 (-29.2%) 0.00 1,319
2023-01-01 $629,950 (-13.1%) $770,741 (-35.9%) 0.00 1,231
2023-02-01 $659,000 (-14.4%) $823,800 (-35.5%) 0.00 1,269
2023-03-01 $679,729 (-13.7%) $863,229 (-31.1%) 0.00 1,304
2023-04-01 $675,000 (-13.4%) $861,970 (-12.6%) 0.00 1,230
2023-05-01 $682,500 (-10.9%) $885,256 (-6.9%) 0.00 1,142
2023-06-01 $692,425 (-6.4%) $883,911 (-1.9%) 0.00 1,096
2023-07-01 $675,000 (-3.6%) $854,619 (0.8%) 0.00 1,096
2023-08-01 $664,950 (-0.2%) $833,927 (4.3%) 0.00 1,074
2023-09-01 $659,000 (0.4%) $821,883 (4.3%) 0.00 1,183
2023-10-01 $675,000 (3.9%) $843,645 (8.4%) 0.00 1,259
2023-11-01 $664,000 (2.2%) $830,294 (7.0%) 0.00 1,224
2023-12-01 $649,900 (0.1%) $828,988 (6.3%) 0.00 1,193
St. George's median listing price for 2023-12-01 was $649,900, a difference of $400 (0.1%) versus the prior year and $-14,100 versus the prior month.

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

St. George's average listing price for 2023-12-01 was $828,988, a difference of $49,438 (6.3%) versus the prior year and $-1,306 versus the prior month.

For the 2023-12-01 period, St. George had 1,193 MLS listings, a difference of -31 listings (-3%) versus the prior month and -126 listings (-10%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - St. George (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,241 sqft
2018-02-01 0 days 2,281 sqft
2018-03-01 0 days 2,258 sqft
2018-04-01 0 days 2,292 sqft
2018-05-01 0 days 2,293 sqft
2018-06-01 0 days 2,249 sqft
2018-07-01 0 days 2,223 sqft
2018-08-01 0 days 2,239 sqft
2018-09-01 0 days 2,246 sqft
2018-10-01 0 days 2,205 sqft
2018-11-01 0 days 2,179 sqft
2018-12-01 0 days 2,184 sqft
2019-01-01 0 days 2,174 sqft
2019-02-01 0 days 2,191 sqft
2019-03-01 0 days 2,247 sqft
2019-04-01 0 days 2,238 sqft
2019-05-01 0 days 2,240 sqft
2019-06-01 0 days 2,200 sqft
2019-07-01 0 days 2,186 sqft
2019-08-01 0 days 2,180 sqft
2019-09-01 0 days 2,173 sqft
2019-10-01 0 days 2,191 sqft
2019-11-01 0 days 2,268 sqft
2019-12-01 0 days 2,293 sqft
2020-01-01 0 days 2,271 sqft
2020-02-01 0 days 2,255 sqft
2020-03-01 0 days 2,305 sqft
2020-04-01 0 days 2,309 sqft
2020-05-01 0 days 2,300 sqft
2020-06-01 0 days 2,304 sqft
2020-07-01 0 days 2,319 sqft
2020-08-01 0 days 2,330 sqft
2020-09-01 0 days 2,353 sqft
2020-10-01 0 days 2,466 sqft
2020-11-01 0 days 2,502 sqft
2020-12-01 0 days 2,500 sqft
2021-01-01 0 days 2,569 sqft
2021-02-01 0 days 2,536 sqft
2021-03-01 0 days 2,459 sqft
2021-04-01 0 days 2,499 sqft
2021-05-01 0 days 2,574 sqft
2021-06-01 0 days 2,525 sqft
2021-07-01 0 days 2,389 sqft
2021-08-01 0 days 2,294 sqft
2021-09-01 0 days 2,320 sqft
2021-10-01 0 days 2,323 sqft
2021-11-01 0 days 2,335 sqft
2021-12-01 0 days 2,458 sqft
2022-01-01 0 days 2,568 sqft
2022-02-01 0 days 2,570 sqft
2022-03-01 0 days 2,555 sqft
2022-04-01 0 days 2,498 sqft
2022-05-01 0 days 2,444 sqft
2022-06-01 0 days 2,353 sqft
2022-07-01 0 days 2,291 sqft
2022-08-01 0 days 2,222 sqft
2022-09-01 0 days 2,218 sqft
2022-10-01 0 days 2,173 sqft
2022-11-01 0 days 2,178 sqft
2022-12-01 0 days 2,174 sqft
2023-01-01 0 days 2,154 sqft
2023-02-01 0 days 2,222 sqft
2023-03-01 0 days 2,263 sqft
2023-04-01 0 days 2,270 sqft
2023-05-01 0 days 2,340 sqft
2023-06-01 0 days 2,350 sqft
2023-07-01 0 days 2,270 sqft
2023-08-01 0 days 2,262 sqft
2023-09-01 0 days 2,271 sqft
2023-10-01 0 days 2,318 sqft
2023-11-01 0 days 2,290 sqft
2023-12-01 0 days 2,267 sqft
St. George's median listing age (time on market) for 2023-12-01 was 0 days.

St. George's median square footage for active listings during the 2023-12-01 period was 2,267 sqft. One year prior, the average listing was 2,174 sqft.