Sulphur Springs USDA Loan Rates, Closing Costs & Stats
Sulphur Springs, TX
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.
Sulphur Springs's 5 lenders originated 15 USDA loans during 2023. The total origination value was $6,175,000, with an average USDA loan value of $411,667.
Sulphur Springs USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Sulphur Springs
averaged
0.31%
for the week of 2024-11-15, compared to the national average (all USDA variants) of
0% for the same period.
Sulphur Springs's average USDA mortgage closing costs are $5,274.
The average rate for the prior week (2024-11-08) was
6.97% and
one month ago for the week of 2024-10-11, the
average rate was 6.63%.
The average rate one year ago was 7.76%.
For refis of the same type during the week of 2024-11-15, the average rate
was -0.2%.
Sulphur 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 Sulphur Springs level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Nations Lending Corporation | 8 | 6.53% | $6,778 |
| CMG MORTGAGE, INC. | 2 | 6.69% | $10,935 |
| UNITED WHOLESALE MORTGAGE, LLC | 2 | 6.69% | $10,583 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 7.88% | $9,489 |
| OPEN MORTGAGE, LLC | 1 | 6.13% | $8,045 |
The top Sulphur Springs USDA lender as defined by loan originations is Nations Lending Corporation, with
8 USDA loans originated. Their average total fees are
$6,778, which is $4,158
lower than the next largest lender,
CMG MORTGAGE, INC..
The lowest fee Sulphur Springs USDA lenders (with over 10 loans originated) are
.
The lowest rate Sulphur Springs USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Sulphur 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 | $158,675 (-11.1%) | $241,601 (-7.5%) | 0.00 | 94 |
| 2018-02-01 | $161,950 (-10.0%) | $248,852 (-6.9%) | 0.00 | 84 |
| 2018-03-01 | $165,000 (-13.4%) | $251,683 (-2.4%) | 0.00 | 75 |
| 2018-04-01 | $162,125 (-15.8%) | $240,964 (-11.6%) | 0.00 | 77 |
| 2018-05-01 | $169,950 (-8.6%) | $254,278 (-7.6%) | 0.00 | 81 |
| 2018-06-01 | $175,000 (-10.1%) | $249,767 (-12.5%) | 0.00 | 98 |
| 2018-07-01 | $189,950 (-7.3%) | $266,735 (-13.7%) | 0.00 | 98 |
| 2018-08-01 | $172,475 (-5.2%) | $263,230 (-7.2%) | 0.00 | 89 |
| 2018-09-01 | $182,450 (5.8%) | $272,889 (1.5%) | 0.00 | 85 |
| 2018-10-01 | $179,900 (14.3%) | $269,102 (17.0%) | 0.00 | 93 |
| 2018-11-01 | $189,450 (26.4%) | $313,253 (36.4%) | 0.00 | 86 |
| 2018-12-01 | $179,900 (12.5%) | $300,817 (19.6%) | 0.00 | 91 |
| 2019-01-01 | $177,400 (11.8%) | $282,087 (16.8%) | 0.00 | 84 |
| 2019-02-01 | $194,225 (19.9%) | $298,635 (20.0%) | 0.00 | 65 |
| 2019-03-01 | $197,100 (19.5%) | $320,124 (27.2%) | 0.00 | 69 |
| 2019-04-01 | $209,450 (29.2%) | $344,145 (42.8%) | 0.00 | 73 |
| 2019-05-01 | $219,975 (29.4%) | $386,347 (51.9%) | 0.00 | 66 |
| 2019-06-01 | $219,000 (25.1%) | $326,305 (30.6%) | 0.00 | 72 |
| 2019-07-01 | $175,000 (-7.9%) | $270,261 (1.3%) | 0.00 | 71 |
| 2019-08-01 | $182,927 (6.1%) | $271,317 (3.1%) | 0.00 | 70 |
| 2019-09-01 | $182,968 (0.3%) | $271,519 (-0.5%) | 0.00 | 70 |
| 2019-10-01 | $186,250 (3.5%) | $274,119 (1.9%) | 0.00 | 68 |
| 2019-11-01 | $194,700 (2.8%) | $295,915 (-5.5%) | 0.00 | 69 |
| 2019-12-01 | $191,498 (6.5%) | $300,637 (-0.1%) | 0.00 | 66 |
| 2020-01-01 | $218,450 (23.1%) | $310,850 (10.2%) | 0.00 | 62 |
| 2020-02-01 | $176,450 (-9.2%) | $279,510 (-6.4%) | 0.00 | 59 |
| 2020-03-01 | $167,175 (-15.2%) | $278,391 (-13.0%) | 0.00 | 70 |
| 2020-04-01 | $192,425 (-8.1%) | $302,070 (-12.2%) | 0.00 | 65 |
| 2020-05-01 | $209,700 (-4.7%) | $300,403 (-22.3%) | 0.00 | 60 |
| 2020-06-01 | $188,250 (-14.0%) | $289,364 (-11.3%) | 0.00 | 61 |
| 2020-07-01 | $190,725 (9.0%) | $292,777 (8.3%) | 0.00 | 52 |
| 2020-08-01 | $229,000 (25.2%) | $315,474 (16.3%) | 0.00 | 47 |
| 2020-09-01 | $234,200 (28.0%) | $324,065 (19.4%) | 0.00 | 49 |
| 2020-10-01 | $256,950 (38.0%) | $353,558 (29.0%) | 0.00 | 53 |
| 2020-11-01 | $237,175 (21.8%) | $349,808 (18.2%) | 0.00 | 45 |
| 2020-12-01 | $204,956 (7.0%) | $356,022 (18.4%) | 0.00 | 42 |
| 2021-01-01 | $196,450 (-10.1%) | $355,654 (14.4%) | 0.00 | 40 |
| 2021-02-01 | $219,500 (24.4%) | $412,614 (47.6%) | 0.00 | 29 |
| 2021-03-01 | $219,000 (31.0%) | $383,968 (37.9%) | 0.00 | 30 |
| 2021-04-01 | $216,950 (12.8%) | $391,808 (29.7%) | 0.00 | 29 |
| 2021-05-01 | $255,000 (21.6%) | $494,191 (64.5%) | 0.00 | 23 |
| 2021-06-01 | $264,950 (40.7%) | $498,740 (72.4%) | 0.00 | 32 |
| 2021-07-01 | $254,500 (33.4%) | $440,527 (50.5%) | 0.00 | 39 |
| 2021-08-01 | $227,500 (-0.7%) | $382,614 (21.3%) | 0.00 | 45 |
| 2021-09-01 | $238,675 (1.9%) | $422,928 (30.5%) | 0.00 | 42 |
| 2021-10-01 | $219,000 (-14.8%) | $401,055 (13.4%) | 0.00 | 48 |
| 2021-11-01 | $261,850 (10.4%) | $398,097 (13.8%) | 0.00 | 43 |
| 2021-12-01 | $294,250 (43.6%) | $426,740 (19.9%) | 0.00 | 26 |
| 2022-01-01 | $247,445 (26.0%) | $433,068 (21.8%) | 0.00 | 24 |
| 2022-02-01 | $267,245 (21.8%) | $482,315 (16.9%) | 0.00 | 28 |
| 2022-03-01 | $274,750 (25.5%) | $440,410 (14.7%) | 0.00 | 30 |
| 2022-04-01 | $329,000 (51.7%) | $472,978 (20.7%) | 0.00 | 35 |
| 2022-05-01 | $358,725 (40.7%) | $477,035 (-3.5%) | 0.00 | 42 |
| 2022-06-01 | $318,725 (20.3%) | $476,817 (-4.4%) | 0.00 | 57 |
| 2022-07-01 | $336,250 (32.1%) | $479,984 (9.0%) | 0.00 | 73 |
| 2022-08-01 | $332,000 (45.9%) | $461,981 (20.7%) | 0.00 | 80 |
| 2022-09-01 | $327,000 (37.0%) | $445,214 (5.3%) | 0.00 | 80 |
| 2022-10-01 | $325,000 (48.4%) | $457,614 (14.1%) | 0.00 | 84 |
| 2022-11-01 | $299,000 (14.2%) | $436,047 (9.5%) | 0.00 | 100 |
| 2022-12-01 | $299,000 (1.6%) | $449,999 (5.5%) | 0.00 | 90 |
| 2023-01-01 | $309,749 (25.2%) | $464,639 (7.3%) | 0.00 | 88 |
| 2023-02-01 | $313,500 (17.3%) | $463,513 (-3.9%) | 0.00 | 83 |
| 2023-03-01 | $301,194 (9.6%) | $438,607 (-0.4%) | 0.00 | 88 |
| 2023-04-01 | $272,888 (-17.1%) | $384,113 (-18.8%) | 0.00 | 86 |
| 2023-05-01 | $279,725 (-22.0%) | $359,408 (-24.7%) | 0.00 | 85 |
| 2023-06-01 | $277,500 (-12.9%) | $391,373 (-17.9%) | 0.00 | 97 |
| 2023-07-01 | $287,000 (-14.7%) | $382,802 (-20.3%) | 0.00 | 107 |
| 2023-08-01 | $294,313 (-11.4%) | $398,354 (-13.8%) | 0.00 | 115 |
| 2023-09-01 | $325,000 (-0.6%) | $423,372 (-4.9%) | 0.00 | 108 |
| 2023-10-01 | $313,416 (-3.6%) | $413,890 (-9.6%) | 0.00 | 103 |
| 2023-11-01 | $300,944 (0.7%) | $403,602 (-7.4%) | 0.00 | 110 |
| 2023-12-01 | $330,000 (10.4%) | $419,865 (-6.7%) | 0.00 | 102 |
| 2024-01-01 | $349,000 (12.7%) | $415,062 (-10.7%) | 0.00 | 108 |
| 2024-02-01 | $358,725 (14.4%) | $431,633 (-6.9%) | 0.00 | 123 |
| 2024-03-01 | $365,000 (21.2%) | $437,386 (-0.3%) | 0.00 | 121 |
| 2024-04-01 | $365,000 (33.8%) | $429,950 (11.9%) | 0.00 | 120 |
| 2024-05-01 | $363,750 (30.0%) | $442,418 (23.1%) | 0.00 | 123 |
| 2024-06-01 | $320,000 (15.3%) | $430,717 (10.1%) | 0.00 | 126 |
| 2024-07-01 | $312,950 (9.0%) | $416,882 (8.9%) | 0.00 | 128 |
| 2024-08-01 | $315,000 (7.0%) | $407,030 (2.2%) | 0.00 | 142 |
| 2024-09-01 | $316,766 (-2.5%) | $404,755 (-4.4%) | 0.00 | 156 |
| 2024-10-01 | $328,000 (4.7%) | $406,197 (-1.9%) | 0.00 | 153 |
Sulphur Springs's median listing price comes in at 0% of the national average.
Sulphur Springs's average listing price for 2024-10-01 was $406,197, a difference of $-7,693 (-1.9%) versus the prior year and $1,442 versus the prior month.
For the 2024-10-01 period, Sulphur Springs had 153 MLS listings, a difference of -3 listings (-2%) versus the prior month and 50 listings (49%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Sulphur 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 | 1,947 sqft |
| 2018-02-01 | 0 days | 1,948 sqft |
| 2018-03-01 | 0 days | 1,952 sqft |
| 2018-04-01 | 0 days | 1,984 sqft |
| 2018-05-01 | 0 days | 1,974 sqft |
| 2018-06-01 | 0 days | 1,938 sqft |
| 2018-07-01 | 0 days | 1,927 sqft |
| 2018-08-01 | 0 days | 1,871 sqft |
| 2018-09-01 | 0 days | 1,880 sqft |
| 2018-10-01 | 0 days | 1,917 sqft |
| 2018-11-01 | 0 days | 1,967 sqft |
| 2018-12-01 | 0 days | 1,919 sqft |
| 2019-01-01 | 0 days | 1,923 sqft |
| 2019-02-01 | 0 days | 1,919 sqft |
| 2019-03-01 | 0 days | 1,906 sqft |
| 2019-04-01 | 0 days | 1,951 sqft |
| 2019-05-01 | 0 days | 1,925 sqft |
| 2019-06-01 | 0 days | 1,834 sqft |
| 2019-07-01 | 0 days | 1,783 sqft |
| 2019-08-01 | 0 days | 1,803 sqft |
| 2019-09-01 | 0 days | 1,823 sqft |
| 2019-10-01 | 0 days | 1,874 sqft |
| 2019-11-01 | 0 days | 1,933 sqft |
| 2019-12-01 | 0 days | 1,953 sqft |
| 2020-01-01 | 0 days | 1,955 sqft |
| 2020-02-01 | 0 days | 1,813 sqft |
| 2020-03-01 | 0 days | 1,799 sqft |
| 2020-04-01 | 0 days | 1,940 sqft |
| 2020-05-01 | 0 days | 2,012 sqft |
| 2020-06-01 | 0 days | 1,850 sqft |
| 2020-07-01 | 0 days | 1,936 sqft |
| 2020-08-01 | 0 days | 1,904 sqft |
| 2020-09-01 | 0 days | 1,943 sqft |
| 2020-10-01 | 0 days | 1,997 sqft |
| 2020-11-01 | 0 days | 1,959 sqft |
| 2020-12-01 | 0 days | 1,897 sqft |
| 2021-01-01 | 0 days | 1,799 sqft |
| 2021-02-01 | 0 days | 1,907 sqft |
| 2021-03-01 | 0 days | 1,875 sqft |
| 2021-04-01 | 0 days | 1,850 sqft |
| 2021-05-01 | 0 days | 1,960 sqft |
| 2021-06-01 | 0 days | 1,939 sqft |
| 2021-07-01 | 0 days | 1,947 sqft |
| 2021-08-01 | 0 days | 1,899 sqft |
| 2021-09-01 | 0 days | 1,913 sqft |
| 2021-10-01 | 0 days | 1,800 sqft |
| 2021-11-01 | 0 days | 1,803 sqft |
| 2021-12-01 | 0 days | 1,931 sqft |
| 2022-01-01 | 0 days | 1,690 sqft |
| 2022-02-01 | 0 days | 1,904 sqft |
| 2022-03-01 | 0 days | 1,780 sqft |
| 2022-04-01 | 0 days | 1,784 sqft |
| 2022-05-01 | 0 days | 1,975 sqft |
| 2022-06-01 | 0 days | 1,950 sqft |
| 2022-07-01 | 0 days | 1,947 sqft |
| 2022-08-01 | 0 days | 1,905 sqft |
| 2022-09-01 | 0 days | 1,871 sqft |
| 2022-10-01 | 0 days | 1,840 sqft |
| 2022-11-01 | 0 days | 1,748 sqft |
| 2022-12-01 | 0 days | 1,763 sqft |
| 2023-01-01 | 0 days | 1,890 sqft |
| 2023-02-01 | 0 days | 1,801 sqft |
| 2023-03-01 | 0 days | 1,815 sqft |
| 2023-04-01 | 0 days | 1,771 sqft |
| 2023-05-01 | 0 days | 1,714 sqft |
| 2023-06-01 | 0 days | 1,753 sqft |
| 2023-07-01 | 0 days | 1,754 sqft |
| 2023-08-01 | 0 days | 1,794 sqft |
| 2023-09-01 | 0 days | 1,894 sqft |
| 2023-10-01 | 0 days | 1,863 sqft |
| 2023-11-01 | 0 days | 1,850 sqft |
| 2023-12-01 | 0 days | 1,997 sqft |
| 2024-01-01 | 0 days | 2,037 sqft |
| 2024-02-01 | 0 days | 2,009 sqft |
| 2024-03-01 | 0 days | 1,986 sqft |
| 2024-04-01 | 0 days | 1,942 sqft |
| 2024-05-01 | 0 days | 1,941 sqft |
| 2024-06-01 | 0 days | 1,873 sqft |
| 2024-07-01 | 0 days | 1,877 sqft |
| 2024-08-01 | 0 days | 1,879 sqft |
| 2024-09-01 | 0 days | 1,865 sqft |
| 2024-10-01 | 0 days | 1,882 sqft |
Sulphur Springs's median square footage for active listings during the 2024-10-01 period was 1,882 sqft. One year prior, the average listing was 1,863 sqft.