St. George USDA Loan Rates, Closing Costs & Stats

ST. GEORGE, UT

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    • 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 7 lenders originated 10 USDA loans during 2023. The total origination value was $2,920,000, with an average USDA loan value of $292,000.

    St. George USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in St. George averaged 6.01% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    St. George's average USDA mortgage closing costs are $6,532.

    The average rate for the prior week (2024-12-06) was 6.14% and one month ago for the week of 2024-11-08, the average rate was 6.16%.

    The average rate one year ago was 6.73%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.21%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 4 5.82% $9,516
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.13% $6,090
    BELEM SERVICING LLC 1 6.88% $6,522
    AMERICAN FINANCIAL NETWORK, INC. 1 5.38% $6,327
    FIRST COLONY MORTGAGE CORPORATION 1 6.13% $12,879
    HOMESIDE FINANCIAL, LLC 1 5.99% $10,960
    DIRECT MORTGAGE, CORP. 1 5.99% $8,277

    The top St. George USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 4 USDA loans originated. Their average total fees are $9,516, which is $3,425 higher than the next largest lender, ARK-LA-TEX FINANCIAL SERVICES, LLC..

    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
    2024-01-01 $654,225 (3.9%) $840,778 (9.1%) 0.00 1,138
    2024-02-01 $696,073 (5.6%) $919,231 (11.6%) 0.00 1,234
    2024-03-01 $699,900 (3.0%) $955,037 (10.6%) 0.00 1,290
    2024-04-01 $698,750 (3.5%) $954,287 (10.7%) 0.00 1,244
    2024-05-01 $696,100 (2.0%) $961,114 (8.6%) 0.00 1,251
    2024-06-01 $679,900 (-1.8%) $928,374 (5.0%) 0.00 1,245
    2024-07-01 $659,500 (-2.3%) $882,795 (3.3%) 0.00 1,294
    2024-08-01 $650,000 (-2.3%) $866,189 (3.9%) 0.00 1,359
    2024-09-01 $659,973 (0.2%) $854,698 (4.0%) 0.00 1,506
    2024-10-01 $675,000 (0.0%) $879,831 (4.3%) 0.00 1,601
    2024-11-01 $665,000 (0.2%) $877,859 (5.7%) 0.00 1,578
    St. George's median listing price for 2024-11-01 was $665,000, a difference of $1,000 (0.2%) versus the prior year and $-10,000 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 2024-11-01 was $877,859, a difference of $47,565 (5.7%) versus the prior year and $-1,972 versus the prior month.

    For the 2024-11-01 period, St. George had 1,578 MLS listings, a difference of -23 listings (-1%) versus the prior month and 354 listings (29%) 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
    2024-01-01 0 days 2,255 sqft
    2024-02-01 0 days 2,337 sqft
    2024-03-01 0 days 2,347 sqft
    2024-04-01 0 days 2,341 sqft
    2024-05-01 0 days 2,334 sqft
    2024-06-01 0 days 2,334 sqft
    2024-07-01 0 days 2,270 sqft
    2024-08-01 0 days 2,250 sqft
    2024-09-01 0 days 2,280 sqft
    2024-10-01 0 days 2,316 sqft
    2024-11-01 0 days 2,306 sqft
    St. George's median listing age (time on market) for 2024-11-01 was 0 days.

    St. George's median square footage for active listings during the 2024-11-01 period was 2,306 sqft. One year prior, the average listing was 2,290 sqft.