Susanville USDA Loan Rates, Closing Costs & Stats
Susanville, 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.
Susanville's 3 lenders originated 8 USDA loans during 2023. The total origination value was $1,590,000, with an average USDA loan value of $198,750.
Susanville USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Susanville
averaged
6.92%
for the week of 2024-04-12, compared to the national average (all USDA variants) of
6.705% for the same period.
Susanville's average USDA mortgage closing costs are $6,740.
The average rate for the prior week (2024-04-05) was
6.54% and
one month ago for the week of 2024-03-08, the
average rate was 6.7%.
The average rate one year ago was 6.51%.
For refis of the same type during the week of 2024-04-12, the average rate
was 6.51%.
Susanville 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 Susanville level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| AXIA FINANCIAL, LLC | 6 | 6.33% | $8,761 |
| CROSSCOUNTRY MORTGAGE, LLC | 1 | 5.49% | $10,014 |
| GUILD MORTGAGE COMPANY | 1 | 6.25% | $10,402 |
The top Susanville USDA lender as defined by loan originations is AXIA FINANCIAL, LLC, with
6 USDA loans originated. Their average total fees are
$8,761, which is $1,253
lower than the next largest lender,
CROSSCOUNTRY MORTGAGE, LLC.
The lowest fee Susanville USDA lenders (with over 10 loans originated) are
.
The lowest rate Susanville USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Susanville (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 | $189,900 (-14.4%) | $389,428 (-27.6%) | 0.00 | 139 |
| 2018-02-01 | $198,500 (-12.6%) | $396,380 (-31.6%) | 0.00 | 141 |
| 2018-03-01 | $219,900 (-12.0%) | $407,962 (-25.9%) | 0.00 | 146 |
| 2018-04-01 | $217,425 (-5.2%) | $398,524 (-16.8%) | 0.00 | 160 |
| 2018-05-01 | $227,000 (3.8%) | $424,394 (1.8%) | 0.00 | 177 |
| 2018-06-01 | $239,900 (5.1%) | $408,730 (-1.0%) | 0.00 | 196 |
| 2018-07-01 | $243,950 (2.9%) | $395,729 (-14.6%) | 0.00 | 219 |
| 2018-08-01 | $245,000 (6.8%) | $391,116 (-14.8%) | 0.00 | 215 |
| 2018-09-01 | $235,000 (6.8%) | $304,879 (-31.3%) | 0.00 | 219 |
| 2018-10-01 | $227,000 (8.7%) | $295,608 (-32.8%) | 0.00 | 208 |
| 2018-11-01 | $215,000 (2.7%) | $295,687 (-23.4%) | 0.00 | 185 |
| 2018-12-01 | $224,500 (13.4%) | $307,381 (-22.2%) | 0.00 | 163 |
| 2019-01-01 | $232,000 (22.2%) | $334,720 (-14.1%) | 0.00 | 134 |
| 2019-02-01 | $232,450 (17.1%) | $378,039 (-4.6%) | 0.00 | 137 |
| 2019-03-01 | $224,929 (2.3%) | $368,181 (-9.8%) | 0.00 | 139 |
| 2019-04-01 | $227,428 (4.6%) | $357,066 (-10.4%) | 0.00 | 145 |
| 2019-05-01 | $239,900 (5.7%) | $387,282 (-8.7%) | 0.00 | 169 |
| 2019-06-01 | $244,900 (2.1%) | $357,754 (-12.5%) | 0.00 | 182 |
| 2019-07-01 | $241,225 (-1.1%) | $385,102 (-2.7%) | 0.00 | 195 |
| 2019-08-01 | $242,455 (-1.0%) | $368,280 (-5.8%) | 0.00 | 199 |
| 2019-09-01 | $246,136 (4.7%) | $341,037 (11.9%) | 0.00 | 207 |
| 2019-10-01 | $249,000 (9.7%) | $321,368 (8.7%) | 0.00 | 208 |
| 2019-11-01 | $249,000 (15.8%) | $321,171 (8.6%) | 0.00 | 191 |
| 2019-12-01 | $248,175 (10.6%) | $331,918 (8.0%) | 0.00 | 169 |
| 2020-01-01 | $233,000 (0.4%) | $302,861 (-9.5%) | 0.00 | 148 |
| 2020-02-01 | $219,500 (-5.6%) | $284,617 (-24.7%) | 0.00 | 137 |
| 2020-03-01 | $225,000 (0.0%) | $288,549 (-21.6%) | 0.00 | 147 |
| 2020-04-01 | $237,000 (4.2%) | $291,279 (-18.4%) | 0.00 | 154 |
| 2020-05-01 | $249,999 (4.2%) | $307,818 (-20.5%) | 0.00 | 134 |
| 2020-06-01 | $275,500 (12.5%) | $347,022 (-3.0%) | 0.00 | 126 |
| 2020-07-01 | $269,800 (11.9%) | $415,025 (7.8%) | 0.00 | 120 |
| 2020-08-01 | $249,000 (2.7%) | $423,907 (15.1%) | 0.00 | 106 |
| 2020-09-01 | $263,450 (7.0%) | $448,966 (31.7%) | 0.00 | 108 |
| 2020-10-01 | $260,000 (4.4%) | $459,440 (43.0%) | 0.00 | 99 |
| 2020-11-01 | $252,500 (1.4%) | $488,489 (52.1%) | 0.00 | 90 |
| 2020-12-01 | $241,725 (-2.6%) | $473,813 (42.8%) | 0.00 | 87 |
| 2021-01-01 | $269,000 (15.5%) | $539,016 (78.0%) | 0.00 | 69 |
| 2021-02-01 | $273,738 (24.7%) | $606,306 (113.0%) | 0.00 | 58 |
| 2021-03-01 | $237,425 (5.5%) | $579,264 (100.8%) | 0.00 | 61 |
| 2021-04-01 | $264,000 (11.4%) | $531,341 (82.4%) | 0.00 | 79 |
| 2021-05-01 | $274,000 (9.6%) | $450,277 (46.3%) | 0.00 | 126 |
| 2021-06-01 | $294,750 (7.0%) | $468,901 (35.1%) | 0.00 | 116 |
| 2021-07-01 | $310,000 (14.9%) | $496,072 (19.5%) | 0.00 | 121 |
| 2021-08-01 | $339,925 (36.5%) | $527,806 (24.5%) | 0.00 | 117 |
| 2021-09-01 | $342,450 (30.0%) | $498,498 (11.0%) | 0.00 | 117 |
| 2021-10-01 | $329,450 (26.7%) | $428,173 (-6.8%) | 0.00 | 108 |
| 2021-11-01 | $314,500 (24.6%) | $454,809 (-6.9%) | 0.00 | 106 |
| 2021-12-01 | $307,500 (27.2%) | $443,056 (-6.5%) | 0.00 | 107 |
| 2022-01-01 | $305,000 (13.4%) | $404,438 (-25.0%) | 0.00 | 86 |
| 2022-02-01 | $321,950 (17.6%) | $443,806 (-26.8%) | 0.00 | 67 |
| 2022-03-01 | $342,500 (44.3%) | $527,610 (-8.9%) | 0.00 | 76 |
| 2022-04-01 | $310,000 (17.4%) | $522,354 (-1.7%) | 0.00 | 75 |
| 2022-05-01 | $327,450 (19.5%) | $486,322 (8.0%) | 0.00 | 95 |
| 2022-06-01 | $310,000 (5.2%) | $383,610 (-18.2%) | 0.00 | 110 |
| 2022-07-01 | $324,900 (4.8%) | $391,940 (-21.0%) | 0.00 | 110 |
| 2022-08-01 | $306,975 (-9.7%) | $393,885 (-25.4%) | 0.00 | 116 |
| 2022-09-01 | $310,750 (-9.3%) | $387,281 (-22.3%) | 0.00 | 114 |
| 2022-10-01 | $299,999 (-8.9%) | $372,649 (-13.0%) | 0.00 | 124 |
| 2022-11-01 | $295,000 (-6.2%) | $332,406 (-26.9%) | 0.00 | 119 |
| 2022-12-01 | $297,000 (-3.4%) | $332,933 (-24.9%) | 0.00 | 97 |
| 2023-01-01 | $295,000 (-3.3%) | $378,964 (-6.3%) | 0.00 | 95 |
| 2023-02-01 | $299,999 (-6.8%) | $386,992 (-12.8%) | 0.00 | 89 |
| 2023-03-01 | $299,250 (-12.6%) | $383,981 (-27.2%) | 0.00 | 84 |
| 2023-04-01 | $308,950 (-0.3%) | $394,848 (-24.4%) | 0.00 | 76 |
| 2023-05-01 | $312,500 (-4.6%) | $394,212 (-18.9%) | 0.00 | 98 |
| 2023-06-01 | $309,000 (-0.3%) | $393,914 (2.7%) | 0.00 | 116 |
| 2023-07-01 | $299,999 (-7.7%) | $385,761 (-1.6%) | 0.00 | 125 |
| 2023-08-01 | $307,950 (0.3%) | $394,941 (0.3%) | 0.00 | 128 |
| 2023-09-01 | $315,000 (1.4%) | $495,961 (28.1%) | 0.00 | 128 |
| 2023-10-01 | $312,400 (4.1%) | $489,884 (31.5%) | 0.00 | 132 |
| 2023-11-01 | $310,000 (5.1%) | $507,718 (52.7%) | 0.00 | 121 |
| 2023-12-01 | $304,000 (2.4%) | $497,000 (49.3%) | 0.00 | 114 |
| 2024-01-01 | $293,000 (-0.7%) | $453,990 (19.8%) | 0.00 | 111 |
| 2024-02-01 | $300,500 (0.2%) | $468,743 (21.1%) | 0.00 | 100 |
| 2024-03-01 | $310,000 (3.6%) | $471,862 (22.9%) | 0.00 | 99 |
Susanville's median listing price comes in at 0% of the national average.
Susanville's average listing price for 2024-03-01 was $471,862, a difference of $87,881 (22.9%) versus the prior year and $3,119 versus the prior month.
For the 2024-03-01 period, Susanville had 99 MLS listings, a difference of -1 listings (-1%) versus the prior month and 15 listings (18%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Susanville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,499 sqft |
| 2018-02-01 | 0 days | 1,501 sqft |
| 2018-03-01 | 0 days | 1,502 sqft |
| 2018-04-01 | 0 days | 1,542 sqft |
| 2018-05-01 | 0 days | 1,567 sqft |
| 2018-06-01 | 0 days | 1,613 sqft |
| 2018-07-01 | 0 days | 1,623 sqft |
| 2018-08-01 | 0 days | 1,630 sqft |
| 2018-09-01 | 0 days | 1,623 sqft |
| 2018-10-01 | 0 days | 1,609 sqft |
| 2018-11-01 | 0 days | 1,607 sqft |
| 2018-12-01 | 0 days | 1,596 sqft |
| 2019-01-01 | 0 days | 1,596 sqft |
| 2019-02-01 | 0 days | 1,598 sqft |
| 2019-03-01 | 0 days | 1,606 sqft |
| 2019-04-01 | 0 days | 1,635 sqft |
| 2019-05-01 | 0 days | 1,641 sqft |
| 2019-06-01 | 0 days | 1,652 sqft |
| 2019-07-01 | 0 days | 1,664 sqft |
| 2019-08-01 | 0 days | 1,670 sqft |
| 2019-09-01 | 0 days | 1,659 sqft |
| 2019-10-01 | 0 days | 1,645 sqft |
| 2019-11-01 | 0 days | 1,636 sqft |
| 2019-12-01 | 0 days | 1,578 sqft |
| 2020-01-01 | 0 days | 1,526 sqft |
| 2020-02-01 | 0 days | 1,453 sqft |
| 2020-03-01 | 0 days | 1,469 sqft |
| 2020-04-01 | 0 days | 1,508 sqft |
| 2020-05-01 | 0 days | 1,576 sqft |
| 2020-06-01 | 0 days | 1,677 sqft |
| 2020-07-01 | 0 days | 1,721 sqft |
| 2020-08-01 | 0 days | 1,596 sqft |
| 2020-09-01 | 0 days | 1,627 sqft |
| 2020-10-01 | 0 days | 1,567 sqft |
| 2020-11-01 | 0 days | 1,650 sqft |
| 2020-12-01 | 0 days | 1,661 sqft |
| 2021-01-01 | 0 days | 1,674 sqft |
| 2021-02-01 | 0 days | 1,734 sqft |
| 2021-03-01 | 0 days | 1,579 sqft |
| 2021-04-01 | 0 days | 1,555 sqft |
| 2021-05-01 | 0 days | 1,670 sqft |
| 2021-06-01 | 0 days | 1,825 sqft |
| 2021-07-01 | 0 days | 1,855 sqft |
| 2021-08-01 | 0 days | 1,873 sqft |
| 2021-09-01 | 0 days | 1,859 sqft |
| 2021-10-01 | 0 days | 1,852 sqft |
| 2021-11-01 | 0 days | 1,791 sqft |
| 2021-12-01 | 0 days | 1,736 sqft |
| 2022-01-01 | 0 days | 1,669 sqft |
| 2022-02-01 | 0 days | 1,699 sqft |
| 2022-03-01 | 0 days | 1,792 sqft |
| 2022-04-01 | 0 days | 1,768 sqft |
| 2022-05-01 | 0 days | 1,754 sqft |
| 2022-06-01 | 0 days | 1,673 sqft |
| 2022-07-01 | 0 days | 1,646 sqft |
| 2022-08-01 | 0 days | 1,573 sqft |
| 2022-09-01 | 0 days | 1,604 sqft |
| 2022-10-01 | 0 days | 1,620 sqft |
| 2022-11-01 | 0 days | 1,581 sqft |
| 2022-12-01 | 0 days | 1,576 sqft |
| 2023-01-01 | 0 days | 1,522 sqft |
| 2023-02-01 | 0 days | 1,521 sqft |
| 2023-03-01 | 0 days | 1,519 sqft |
| 2023-04-01 | 0 days | 1,623 sqft |
| 2023-05-01 | 0 days | 1,649 sqft |
| 2023-06-01 | 0 days | 1,672 sqft |
| 2023-07-01 | 0 days | 1,646 sqft |
| 2023-08-01 | 0 days | 1,654 sqft |
| 2023-09-01 | 0 days | 1,672 sqft |
| 2023-10-01 | 0 days | 1,680 sqft |
| 2023-11-01 | 0 days | 1,670 sqft |
| 2023-12-01 | 0 days | 1,619 sqft |
| 2024-01-01 | 0 days | 1,577 sqft |
| 2024-02-01 | 0 days | 1,600 sqft |
| 2024-03-01 | 0 days | 1,572 sqft |
Susanville's median square footage for active listings during the 2024-03-01 period was 1,572 sqft. One year prior, the average listing was 1,519 sqft.