Stockton USDA Loan Rates, Closing Costs & Stats

STOCKTON, 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.

Stockton's 0 lenders originated 1 USDA loans during 2023. The total origination value was $15,000, with an average USDA loan value of $15,000.

Stockton USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Stockton averaged 6.6% for the week of 2024-05-17, compared to the national average (all USDA variants) of 6.75% for the same period.

Stockton's average USDA mortgage closing costs are $9,557.

The average rate for the prior week (2024-05-10) was 6.54% and one month ago for the week of 2024-04-12, the average rate was 6.46%.

The average rate one year ago was 5.94%.

For refis of the same type during the week of 2024-05-17, the average rate was 6.92%.

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

Stockton 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 Stockton level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Stockton (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 $383,500 (12.1%) $466,243 (8.2%) 1.42 825
2018-02-01 $377,000 (8.0%) $467,496 (9.4%) 1.37 821
2018-03-01 $375,000 (7.9%) $454,806 (6.6%) 1.32 828
2018-04-01 $383,000 (6.4%) $470,046 (8.8%) 1.30 920
2018-05-01 $383,000 (3.0%) $478,855 (7.4%) 1.28 1,039
2018-06-01 $389,900 (2.8%) $482,302 (7.6%) 1.30 1,151
2018-07-01 $389,900 (1.3%) $474,965 (5.9%) 1.30 1,217
2018-08-01 $385,472 (1.4%) $463,983 (3.7%) 1.29 1,372
2018-09-01 $385,000 (1.6%) $463,907 (4.0%) 1.29 1,476
2018-10-01 $385,000 (2.7%) $460,663 (3.2%) 1.30 1,507
2018-11-01 $386,425 (3.0%) $509,234 (12.2%) 1.31 1,505
2018-12-01 $389,000 (2.4%) $461,578 (0.7%) 1.34 1,395
2019-01-01 $386,250 (0.7%) $452,564 (-2.9%) 1.33 1,206
2019-02-01 $380,000 (0.8%) $452,218 (-3.3%) 1.28 1,151
2019-03-01 $400,082 (6.7%) $476,973 (4.9%) 1.31 1,141
2019-04-01 $417,000 (8.9%) $488,914 (4.0%) 1.32 1,176
2019-05-01 $419,475 (9.5%) $497,314 (3.9%) 1.31 1,303
2019-06-01 $424,999 (9.0%) $554,533 (15.0%) 1.33 1,402
2019-07-01 $428,598 (9.9%) $873,615 (83.9%) 1.34 1,456
2019-08-01 $426,848 (10.7%) $1,030,356 (122.1%) 1.35 1,441
2019-09-01 $422,121 (9.6%) $782,546 (68.7%) 1.35 1,467
2019-10-01 $419,247 (8.9%) $534,562 (16.0%) 1.35 1,474
2019-11-01 $425,000 (10.0%) $482,396 (-5.3%) 1.39 1,378
2019-12-01 $432,500 (11.2%) $491,445 (6.5%) 1.44 1,131
2020-01-01 $424,975 (10.0%) $494,574 (9.3%) 1.42 981
2020-02-01 $434,000 (14.2%) $504,604 (11.6%) 1.42 893
2020-03-01 $429,225 (7.3%) $500,527 (4.9%) 1.35 905
2020-04-01 $429,450 (3.0%) $502,525 (2.8%) 1.35 975
2020-05-01 $434,900 (3.7%) $511,381 (2.8%) 1.32 965
2020-06-01 $446,500 (5.1%) $533,384 (-3.8%) 1.32 772
2020-07-01 $445,000 (3.8%) $550,313 (-37.0%) 1.29 641
2020-08-01 $449,250 (5.3%) $550,593 (-46.6%) 1.29 567
2020-09-01 $455,975 (8.0%) $570,090 (-27.2%) 1.31 563
2020-10-01 $450,000 (7.3%) $552,407 (3.3%) 1.29 556
2020-11-01 $450,000 (5.9%) $574,401 (19.1%) 1.32 490
2020-12-01 $449,950 (4.0%) $578,313 (17.7%) 1.34 400
2021-01-01 $450,000 (5.9%) $604,149 (22.2%) 1.34 334
2021-02-01 $459,500 (5.9%) $607,067 (20.3%) 1.34 330
2021-03-01 $453,450 (5.6%) $590,781 (18.0%) 1.29 382
2021-04-01 $498,250 (16.0%) $625,326 (24.4%) 1.35 410
2021-05-01 $499,000 (14.7%) $623,769 (22.0%) 1.33 446
2021-06-01 $524,595 (17.5%) $643,418 (20.6%) 1.38 569
2021-07-01 $540,000 (21.4%) $643,722 (17.0%) 1.42 677
2021-08-01 $537,450 (19.6%) $650,459 (18.1%) 1.43 792
2021-09-01 $542,250 (18.9%) $646,095 (13.3%) 1.45 825
2021-10-01 $539,570 (19.9%) $632,949 (14.6%) 1.44 816
2021-11-01 $540,144 (20.0%) $632,138 (10.1%) 1.44 649
2021-12-01 $542,475 (20.6%) $649,193 (12.3%) 1.47 491
2022-01-01 $548,250 (21.8%) $660,166 (9.3%) 1.48 383
2022-02-01 $565,000 (23.0%) $700,971 (15.5%) 1.47 395
2022-03-01 $595,000 (31.2%) $740,624 (25.4%) 1.49 447
2022-04-01 $600,000 (20.4%) $741,732 (18.6%) 1.43 559
2022-05-01 $627,000 (25.7%) $733,646 (17.6%) 1.43 798
2022-06-01 $631,997 (20.5%) $718,105 (11.6%) 1.41 1,031
2022-07-01 $601,278 (11.4%) $682,566 (6.0%) 1.35 1,321
2022-08-01 $594,795 (10.7%) $664,683 (2.2%) 1.38 1,333
2022-09-01 $581,950 (7.3%) $659,698 (2.1%) 1.36 1,237
2022-10-01 $560,000 (3.8%) $640,970 (1.3%) 1.32 1,239
2022-11-01 $550,450 (1.9%) $636,525 (0.7%) 1.32 1,138
2022-12-01 $542,745 (0.1%) $631,515 (-2.7%) 1.34 955
2023-01-01 $539,495 (-1.6%) $623,692 (-5.5%) 1.34 798
2023-02-01 $543,998 (-3.7%) $633,471 (-9.6%) 1.31 672
2023-03-01 $547,500 (-8.0%) $646,803 (-12.7%) 1.29 574
2023-04-01 $579,000 (-3.5%) $685,337 (-7.6%) 1.35 538
2023-05-01 $575,000 (-8.3%) $681,551 (-7.1%) 1.30 546
2023-06-01 $582,000 (-7.9%) $698,264 (-2.8%) 1.31 534
2023-07-01 $587,800 (-2.2%) $705,176 (3.3%) 1.34 579
2023-08-01 $585,965 (-1.5%) $681,632 (2.6%) 1.35 626
2023-09-01 $579,450 (-0.4%) $671,364 (1.8%) 1.35 672
2023-10-01 $582,500 (4.0%) $673,903 (5.1%) 1.37 716
2023-11-01 $575,000 (4.5%) $677,296 (6.4%) 1.37 783
2023-12-01 $549,000 (1.2%) $673,014 (6.6%) 1.34 702
2024-01-01 $544,450 (0.9%) $678,020 (8.7%) 1.33 596
2024-02-01 $549,500 (1.0%) $678,670 (7.1%) 1.32 613
2024-03-01 $562,000 (2.7%) $672,079 (3.9%) 1.32 627
2024-04-01 $593,200 (2.5%) $699,992 (2.1%) 1.38 647
Stockton's median listing price for 2024-04-01 was $593,200, a difference of $14,200 (2.5%) versus the prior year and $31,200 versus the prior month.

Stockton's median listing price comes in at 138% of the national average.

Stockton's average listing price for 2024-04-01 was $699,992, a difference of $14,655 (2.1%) versus the prior year and $27,913 versus the prior month.

For the 2024-04-01 period, Stockton had 647 MLS listings, a difference of 20 listings (3%) versus the prior month and 109 listings (20%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Stockton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 53 days 1,891 sqft
2018-02-01 37 days 1,824 sqft
2018-03-01 33 days 1,787 sqft
2018-04-01 31 days 1,797 sqft
2018-05-01 30 days 1,800 sqft
2018-06-01 36 days 1,830 sqft
2018-07-01 37 days 1,819 sqft
2018-08-01 37 days 1,787 sqft
2018-09-01 37 days 1,800 sqft
2018-10-01 44 days 1,808 sqft
2018-11-01 45 days 1,794 sqft
2018-12-01 53 days 1,800 sqft
2019-01-01 63 days 1,786 sqft
2019-02-01 48 days 1,774 sqft
2019-03-01 40 days 1,827 sqft
2019-04-01 37 days 1,873 sqft
2019-05-01 36 days 1,915 sqft
2019-06-01 38 days 1,900 sqft
2019-07-01 43 days 1,926 sqft
2019-08-01 46 days 1,920 sqft
2019-09-01 46 days 1,879 sqft
2019-10-01 47 days 1,851 sqft
2019-11-01 52 days 1,886 sqft
2019-12-01 64 days 1,889 sqft
2020-01-01 66 days 1,856 sqft
2020-02-01 50 days 1,890 sqft
2020-03-01 41 days 1,877 sqft
2020-04-01 44 days 1,867 sqft
2020-05-01 56 days 1,897 sqft
2020-06-01 58 days 1,918 sqft
2020-07-01 58 days 1,900 sqft
2020-08-01 40 days 1,900 sqft
2020-09-01 35 days 1,887 sqft
2020-10-01 35 days 1,828 sqft
2020-11-01 38 days 1,827 sqft
2020-12-01 46 days 1,779 sqft
2021-01-01 44 days 1,774 sqft
2021-02-01 28 days 1,701 sqft
2021-03-01 27 days 1,638 sqft
2021-04-01 23 days 1,728 sqft
2021-05-01 24 days 1,753 sqft
2021-06-01 21 days 1,830 sqft
2021-07-01 25 days 1,827 sqft
2021-08-01 25 days 1,844 sqft
2021-09-01 30 days 1,838 sqft
2021-10-01 33 days 1,836 sqft
2021-11-01 40 days 1,825 sqft
2021-12-01 45 days 1,803 sqft
2022-01-01 39 days 1,760 sqft
2022-02-01 28 days 1,737 sqft
2022-03-01 25 days 1,821 sqft
2022-04-01 24 days 1,890 sqft
2022-05-01 24 days 1,904 sqft
2022-06-01 26 days 1,925 sqft
2022-07-01 31 days 1,894 sqft
2022-08-01 38 days 1,900 sqft
2022-09-01 45 days 1,896 sqft
2022-10-01 48 days 1,871 sqft
2022-11-01 51 days 1,878 sqft
2022-12-01 62 days 1,848 sqft
2023-01-01 65 days 1,852 sqft
2023-02-01 53 days 1,871 sqft
2023-03-01 45 days 1,849 sqft
2023-04-01 33 days 1,910 sqft
2023-05-01 34 days 1,859 sqft
2023-06-01 33 days 1,897 sqft
2023-07-01 30 days 1,885 sqft
2023-08-01 32 days 1,865 sqft
2023-09-01 35 days 1,837 sqft
2023-10-01 38 days 1,868 sqft
2023-11-01 39 days 1,841 sqft
2023-12-01 47 days 1,769 sqft
2024-01-01 54 days 1,783 sqft
2024-02-01 37 days 1,766 sqft
2024-03-01 36 days 1,824 sqft
2024-04-01 34 days 1,858 sqft
Stockton's median listing age (time on market) for 2024-04-01 was 34 days. This is 4% longer than the same period one year ago.

Stockton's median square footage for active listings during the 2024-04-01 period was 1,858 sqft. One year prior, the average listing was 1,910 sqft.