Steamboat Springs USDA Loan Rates, Closing Costs & Stats

Steamboat Springs, CO

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.

Steamboat Springs's 1 lenders originated 2 USDA loans during 2023. The total origination value was $510,000, with an average USDA loan value of $255,000.

Steamboat Springs USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Steamboat Springs averaged 6.79% for the week of 2024-07-19, compared to the national average (all USDA variants) of 6.628% for the same period.

Steamboat Springs's average USDA mortgage closing costs are $6,031.

The average rate for the prior week (2024-07-12) was 6.82% and one month ago for the week of 2024-06-14, the average rate was 6.95%.

The average rate one year ago was 7%.

For refis of the same type during the week of 2024-07-19, the average rate was 6.83%.

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

Steamboat Springs 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 Steamboat Springs level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
CROSSCOUNTRY MORTGAGE, LLC 2 5.88% $11,762

The lowest fee Steamboat Springs USDA lenders (with over 10 loans originated) are .

The lowest rate Steamboat Springs USDA lenders (with over 10 loans originated) are .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Steamboat Springs (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 $699,000 (17.2%) $1,258,733 (18.7%) 0.00 337
2018-02-01 $687,000 (15.1%) $1,252,716 (16.6%) 0.00 344
2018-03-01 $730,000 (22.7%) $1,306,045 (25.0%) 0.00 350
2018-04-01 $695,000 (16.0%) $1,272,883 (22.5%) 0.00 365
2018-05-01 $699,000 (17.9%) $1,268,659 (26.8%) 0.00 366
2018-06-01 $665,000 (12.8%) $1,251,244 (23.3%) 0.00 416
2018-07-01 $677,000 (14.9%) $1,257,117 (22.9%) 0.00 470
2018-08-01 $698,125 (18.5%) $1,232,359 (16.4%) 0.00 485
2018-09-01 $700,000 (7.7%) $1,269,185 (11.3%) 0.00 466
2018-10-01 $699,000 (4.6%) $1,275,973 (7.1%) 0.00 448
2018-11-01 $699,500 (12.4%) $1,270,177 (13.9%) 0.00 425
2018-12-01 $699,000 (3.6%) $1,257,363 (4.0%) 0.00 417
2019-01-01 $699,250 (0.0%) $1,249,327 (-0.8%) 0.00 411
2019-02-01 $650,000 (-5.4%) $1,199,457 (-4.3%) 0.00 418
2019-03-01 $652,143 (-10.7%) $1,214,682 (-7.0%) 0.00 408
2019-04-01 $649,368 (-6.6%) $1,222,080 (-4.0%) 0.00 408
2019-05-01 $672,500 (-3.8%) $1,230,681 (-3.0%) 0.00 406
2019-06-01 $674,000 (1.4%) $1,202,666 (-3.9%) 0.00 483
2019-07-01 $725,750 (7.2%) $1,215,575 (-3.3%) 0.00 535
2019-08-01 $731,250 (4.7%) $1,239,605 (0.6%) 0.00 512
2019-09-01 $741,375 (5.9%) $1,285,711 (1.3%) 0.00 470
2019-10-01 $752,125 (7.6%) $1,327,075 (4.0%) 0.00 433
2019-11-01 $765,000 (9.4%) $1,372,545 (8.1%) 0.00 393
2019-12-01 $767,500 (9.8%) $1,426,411 (13.4%) 0.00 359
2020-01-01 $777,500 (11.2%) $1,477,361 (18.3%) 0.00 268
2020-02-01 $750,000 (15.4%) $1,410,236 (17.6%) 0.00 264
2020-03-01 $734,875 (12.7%) $1,301,839 (7.2%) 0.00 286
2020-04-01 $633,500 (-2.4%) $1,208,750 (-1.1%) 0.00 298
2020-05-01 $642,000 (-4.5%) $1,159,674 (-5.8%) 0.00 304
2020-06-01 $646,000 (-4.2%) $1,115,968 (-7.2%) 0.00 367
2020-07-01 $685,000 (-5.6%) $1,207,115 (-0.7%) 0.00 346
2020-08-01 $650,000 (-11.1%) $1,320,706 (6.5%) 0.00 275
2020-09-01 $769,500 (3.8%) $1,395,907 (8.6%) 0.00 254
2020-10-01 $819,500 (9.0%) $1,423,463 (7.3%) 0.00 228
2020-11-01 $860,000 (12.4%) $1,412,915 (2.9%) 0.00 201
2020-12-01 $837,500 (9.1%) $1,475,226 (3.4%) 0.00 185
2021-01-01 $862,500 (10.9%) $1,597,356 (8.1%) 0.00 155
2021-02-01 $824,500 (9.9%) $1,525,643 (8.2%) 0.00 156
2021-03-01 $916,250 (24.7%) $1,671,285 (28.4%) 0.00 150
2021-04-01 $878,750 (38.7%) $1,794,414 (48.5%) 0.00 121
2021-05-01 $1,100,000 (71.3%) $1,757,054 (51.5%) 0.00 128
2021-06-01 $893,500 (38.3%) $1,690,006 (51.4%) 0.00 137
2021-07-01 $989,000 (44.4%) $1,684,380 (39.5%) 0.00 144
2021-08-01 $1,096,250 (68.7%) $1,706,121 (29.2%) 0.00 143
2021-09-01 $1,039,000 (35.0%) $2,014,130 (44.3%) 0.00 150
2021-10-01 $1,087,250 (32.7%) $2,097,144 (47.3%) 0.00 137
2021-11-01 $1,337,500 (55.5%) $2,582,482 (82.8%) 0.00 86
2021-12-01 $1,457,000 (74.0%) $2,925,163 (98.3%) 0.00 82
2022-01-01 $1,452,500 (68.4%) $3,352,628 (109.9%) 0.00 66
2022-02-01 $1,437,500 (74.4%) $3,529,154 (131.3%) 0.00 58
2022-03-01 $1,797,500 (96.2%) $3,474,138 (107.9%) 0.00 64
2022-04-01 $1,435,000 (63.3%) $2,969,432 (65.5%) 0.00 63
2022-05-01 $1,164,500 (5.9%) $2,421,756 (37.8%) 0.00 84
2022-06-01 $1,405,750 (57.3%) $2,361,427 (39.7%) 0.00 132
2022-07-01 $1,400,000 (41.6%) $2,183,354 (29.6%) 0.00 189
2022-08-01 $1,314,250 (19.9%) $1,905,424 (11.7%) 0.00 186
2022-09-01 $1,192,000 (14.7%) $1,956,901 (-2.8%) 0.00 185
2022-10-01 $1,060,000 (-2.5%) $1,769,415 (-15.6%) 0.00 179
2022-11-01 $978,750 (-26.8%) $1,777,386 (-31.2%) 0.00 159
2022-12-01 $925,000 (-36.5%) $1,730,223 (-40.9%) 0.00 149
2023-01-01 $1,007,493 (-30.6%) $1,803,240 (-46.2%) 0.00 132
2023-02-01 $1,000,000 (-30.4%) $1,923,152 (-45.5%) 0.00 116
2023-03-01 $998,745 (-44.4%) $1,914,377 (-44.9%) 0.00 106
2023-04-01 $1,150,000 (-19.9%) $1,971,005 (-33.6%) 0.00 95
2023-05-01 $1,128,500 (-3.1%) $1,972,332 (-18.6%) 0.00 101
2023-06-01 $1,293,750 (-8.0%) $2,118,976 (-10.3%) 0.00 134
2023-07-01 $1,293,000 (-7.6%) $2,278,426 (4.4%) 0.00 163
2023-08-01 $1,288,750 (-1.9%) $2,228,237 (16.9%) 0.00 166
2023-09-01 $1,324,500 (11.1%) $2,256,291 (15.3%) 0.00 164
2023-10-01 $1,431,250 (35.0%) $2,235,084 (26.3%) 0.00 147
2023-11-01 $1,482,500 (51.5%) $2,345,820 (32.0%) 0.00 140
2023-12-01 $1,697,500 (83.5%) $2,533,133 (46.4%) 0.00 137
2024-01-01 $1,823,000 (80.9%) $2,611,608 (44.8%) 0.00 116
2024-02-01 $1,875,000 (87.5%) $2,689,675 (39.9%) 0.00 106
2024-03-01 $1,900,000 (90.2%) $2,702,714 (41.2%) 0.00 104
2024-04-01 $1,895,000 (64.8%) $2,458,357 (24.7%) 0.00 55
2024-05-01 $1,495,000 (32.5%) $2,239,591 (13.6%) 0.00 105
2024-06-01 $1,550,000 (19.8%) $2,302,057 (8.6%) 0.00 180
Steamboat Springs's median listing price for 2024-06-01 was $1,550,000, a difference of $256,250 (19.8%) versus the prior year and $55,000 versus the prior month.

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

Steamboat Springs's average listing price for 2024-06-01 was $2,302,057, a difference of $183,081 (8.6%) versus the prior year and $62,466 versus the prior month.

For the 2024-06-01 period, Steamboat Springs had 180 MLS listings, a difference of 75 listings (71%) versus the prior month and 46 listings (34%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Steamboat Springs (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,296 sqft
2018-02-01 0 days 2,290 sqft
2018-03-01 0 days 2,288 sqft
2018-04-01 0 days 2,244 sqft
2018-05-01 0 days 2,339 sqft
2018-06-01 0 days 2,284 sqft
2018-07-01 0 days 2,244 sqft
2018-08-01 0 days 2,190 sqft
2018-09-01 0 days 2,280 sqft
2018-10-01 0 days 2,217 sqft
2018-11-01 0 days 2,175 sqft
2018-12-01 0 days 2,032 sqft
2019-01-01 0 days 2,018 sqft
2019-02-01 0 days 1,836 sqft
2019-03-01 0 days 1,846 sqft
2019-04-01 0 days 1,893 sqft
2019-05-01 0 days 2,035 sqft
2019-06-01 0 days 2,071 sqft
2019-07-01 0 days 2,181 sqft
2019-08-01 0 days 2,223 sqft
2019-09-01 0 days 2,286 sqft
2019-10-01 0 days 2,328 sqft
2019-11-01 0 days 2,383 sqft
2019-12-01 0 days 2,363 sqft
2020-01-01 0 days 2,369 sqft
2020-02-01 0 days 2,371 sqft
2020-03-01 0 days 2,304 sqft
2020-04-01 0 days 2,102 sqft
2020-05-01 0 days 2,068 sqft
2020-06-01 0 days 2,168 sqft
2020-07-01 0 days 2,206 sqft
2020-08-01 0 days 2,266 sqft
2020-09-01 0 days 2,294 sqft
2020-10-01 0 days 2,290 sqft
2020-11-01 0 days 2,285 sqft
2020-12-01 0 days 2,295 sqft
2021-01-01 0 days 2,371 sqft
2021-02-01 0 days 2,331 sqft
2021-03-01 0 days 2,371 sqft
2021-04-01 0 days 2,468 sqft
2021-05-01 0 days 2,427 sqft
2021-06-01 0 days 2,429 sqft
2021-07-01 0 days 2,551 sqft
2021-08-01 0 days 2,549 sqft
2021-09-01 0 days 2,291 sqft
2021-10-01 0 days 2,302 sqft
2021-11-01 0 days 3,002 sqft
2021-12-01 0 days 3,127 sqft
2022-01-01 0 days 3,024 sqft
2022-02-01 0 days 2,831 sqft
2022-03-01 0 days 3,019 sqft
2022-04-01 0 days 2,545 sqft
2022-05-01 0 days 2,351 sqft
2022-06-01 0 days 2,577 sqft
2022-07-01 0 days 2,420 sqft
2022-08-01 0 days 2,300 sqft
2022-09-01 0 days 2,289 sqft
2022-10-01 0 days 2,069 sqft
2022-11-01 0 days 2,042 sqft
2022-12-01 0 days 2,030 sqft
2023-01-01 0 days 2,076 sqft
2023-02-01 0 days 2,248 sqft
2023-03-01 0 days 2,176 sqft
2023-04-01 0 days 2,253 sqft
2023-05-01 0 days 2,071 sqft
2023-06-01 0 days 2,213 sqft
2023-07-01 0 days 2,286 sqft
2023-08-01 0 days 2,552 sqft
2023-09-01 0 days 2,573 sqft
2023-10-01 0 days 2,573 sqft
2023-11-01 0 days 2,603 sqft
2023-12-01 0 days 2,586 sqft
2024-01-01 0 days 2,682 sqft
2024-02-01 0 days 2,743 sqft
2024-03-01 0 days 2,397 sqft
2024-04-01 0 days 2,376 sqft
2024-05-01 0 days 2,064 sqft
2024-06-01 0 days 2,125 sqft
Steamboat Springs's median listing age (time on market) for 2024-06-01 was 0 days.

Steamboat Springs's median square footage for active listings during the 2024-06-01 period was 2,125 sqft. One year prior, the average listing was 2,213 sqft.