Sweetwater USDA Loan Rates, Closing Costs & Stats

Sweetwater, TX

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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.

    Sweetwater USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Sweetwater averaged 6.97% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Sweetwater's average USDA mortgage closing costs are $5,238.

    The average rate for the prior week (2024-04-12) was 7.12% and one month ago for the week of 2024-03-15, the average rate was 6.81%.

    The average rate one year ago was 6.45%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.66%.

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

    Sweetwater 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 Sweetwater level.

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

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Sweetwater (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 $122,250 (7.8%) $152,034 (2.2%) 0.00 60
    2018-02-01 $121,250 (10.5%) $160,913 (9.8%) 0.00 57
    2018-03-01 $120,000 (9.3%) $159,393 (10.8%) 0.00 60
    2018-04-01 $104,950 (-6.5%) $167,390 (13.1%) 0.00 60
    2018-05-01 $113,375 (6.0%) $181,500 (29.3%) 0.00 69
    2018-06-01 $96,500 (-16.0%) $180,730 (32.7%) 0.00 70
    2018-07-01 $118,200 (-6.2%) $183,825 (27.2%) 0.00 69
    2018-08-01 $115,925 (-10.8%) $185,574 (31.3%) 0.00 68
    2018-09-01 $114,900 (-13.2%) $192,307 (34.2%) 0.00 68
    2018-10-01 $116,700 (-10.3%) $187,545 (27.8%) 0.00 69
    2018-11-01 $121,225 (-3.9%) $198,060 (40.3%) 0.00 55
    2018-12-01 $121,950 (6.1%) $202,626 (39.6%) 0.00 58
    2019-01-01 $123,900 (1.4%) $207,107 (36.2%) 0.00 56
    2019-02-01 $116,225 (-4.1%) $191,260 (18.9%) 0.00 56
    2019-03-01 $116,500 (-2.9%) $168,734 (5.9%) 0.00 56
    2019-04-01 $115,625 (10.2%) $138,848 (-17.1%) 0.00 60
    2019-05-01 $125,450 (10.7%) $134,122 (-26.1%) 0.00 59
    2019-06-01 $134,000 (38.9%) $146,921 (-18.7%) 0.00 52
    2019-07-01 $132,750 (12.3%) $141,177 (-23.2%) 0.00 55
    2019-08-01 $129,291 (11.5%) $134,715 (-27.4%) 0.00 55
    2019-09-01 $125,977 (9.6%) $129,700 (-32.6%) 0.00 53
    2019-10-01 $123,768 (6.1%) $130,703 (-30.3%) 0.00 51
    2019-11-01 $120,950 (-0.2%) $129,920 (-34.4%) 0.00 42
    2019-12-01 $119,775 (-1.8%) $135,743 (-33.0%) 0.00 39
    2020-01-01 $120,750 (-2.5%) $139,867 (-32.5%) 0.00 41
    2020-02-01 $130,500 (12.3%) $148,779 (-22.2%) 0.00 39
    2020-03-01 $132,850 (14.0%) $306,374 (81.6%) 0.00 40
    2020-04-01 $141,250 (22.2%) $307,875 (121.7%) 0.00 39
    2020-05-01 $148,250 (18.2%) $348,711 (160.0%) 0.00 34
    2020-06-01 $155,375 (16.0%) $360,841 (145.6%) 0.00 33
    2020-07-01 $147,625 (11.2%) $369,524 (161.7%) 0.00 33
    2020-08-01 $137,250 (6.2%) $327,192 (142.9%) 0.00 39
    2020-09-01 $136,125 (8.1%) $338,947 (161.3%) 0.00 38
    2020-10-01 $139,900 (13.0%) $342,628 (162.1%) 0.00 39
    2020-11-01 $149,675 (23.8%) $362,332 (178.9%) 0.00 36
    2020-12-01 $146,175 (22.0%) $367,629 (170.8%) 0.00 34
    2021-01-01 $144,500 (19.7%) $378,445 (170.6%) 0.00 32
    2021-02-01 $148,550 (13.8%) $194,480 (30.7%) 0.00 30
    2021-03-01 $119,081 (-10.4%) $171,328 (-44.1%) 0.00 26
    2021-04-01 $133,175 (-5.7%) $187,277 (-39.2%) 0.00 24
    2021-05-01 $129,900 (-12.4%) $153,660 (-55.9%) 0.00 31
    2021-06-01 $127,325 (-18.1%) $150,372 (-58.3%) 0.00 31
    2021-07-01 $149,900 (1.5%) $164,788 (-55.4%) 0.00 25
    2021-08-01 $149,975 (9.3%) $177,085 (-45.9%) 0.00 31
    2021-09-01 $155,000 (13.9%) $176,012 (-48.1%) 0.00 34
    2021-10-01 $161,450 (15.4%) $169,680 (-50.5%) 0.00 32
    2021-11-01 $140,500 (-6.1%) $150,227 (-58.5%) 0.00 26
    2021-12-01 $141,500 (-3.2%) $149,442 (-59.4%) 0.00 29
    2022-01-01 $136,250 (-5.7%) $153,533 (-59.4%) 0.00 28
    2022-02-01 $132,625 (-10.7%) $180,217 (-7.3%) 0.00 29
    2022-03-01 $125,100 (5.1%) $178,060 (3.9%) 0.00 31
    2022-04-01 $115,750 (-13.1%) $247,750 (32.3%) 0.00 31
    2022-05-01 $126,850 (-2.4%) $249,069 (62.1%) 0.00 33
    2022-06-01 $162,850 (27.9%) $249,754 (66.1%) 0.00 39
    2022-07-01 $111,950 (-25.3%) $219,227 (33.0%) 0.00 48
    2022-08-01 $166,624 (11.1%) $217,017 (22.6%) 0.00 48
    2022-09-01 $157,000 (1.3%) $219,083 (24.5%) 0.00 49
    2022-10-01 $152,450 (-5.6%) $209,073 (23.2%) 0.00 48
    2022-11-01 $135,750 (-3.4%) $199,337 (32.7%) 0.00 52
    2022-12-01 $149,900 (5.9%) $202,701 (35.6%) 0.00 53
    2023-01-01 $147,750 (8.4%) $205,257 (33.7%) 0.00 44
    2023-02-01 $141,500 (6.7%) $224,332 (24.5%) 0.00 48
    2023-03-01 $141,725 (13.3%) $242,037 (35.9%) 0.00 45
    2023-04-01 $115,000 (-0.7%) $219,844 (-11.3%) 0.00 47
    2023-05-01 $132,000 (4.1%) $213,885 (-14.1%) 0.00 52
    2023-06-01 $130,500 (-19.9%) $221,539 (-11.3%) 0.00 55
    2023-07-01 $125,000 (11.7%) $219,067 (-0.1%) 0.00 49
    2023-08-01 $149,700 (-10.2%) $237,964 (9.7%) 0.00 60
    2023-09-01 $149,000 (-5.1%) $240,500 (9.8%) 0.00 64
    2023-10-01 $151,750 (-0.5%) $233,589 (11.7%) 0.00 69
    2023-11-01 $162,500 (19.7%) $243,679 (22.3%) 0.00 69
    2023-12-01 $156,250 (4.2%) $244,497 (20.6%) 0.00 72
    2024-01-01 $139,250 (-5.8%) $213,359 (4.0%) 0.00 73
    2024-02-01 $135,225 (-4.4%) $191,517 (-14.6%) 0.00 72
    2024-03-01 $149,999 (5.8%) $204,983 (-15.3%) 0.00 71
    Sweetwater's median listing price for 2024-03-01 was $149,999, a difference of $8,274 (5.8%) versus the prior year and $14,774 versus the prior month.

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

    Sweetwater's average listing price for 2024-03-01 was $204,983, a difference of $-37,054 (-15.3%) versus the prior year and $13,466 versus the prior month.

    For the 2024-03-01 period, Sweetwater had 71 MLS listings, a difference of -1 listings (-1%) versus the prior month and 26 listings (58%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Sweetwater (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,892 sqft
    2018-02-01 0 days 1,784 sqft
    2018-03-01 0 days 1,775 sqft
    2018-04-01 0 days 1,723 sqft
    2018-05-01 0 days 1,752 sqft
    2018-06-01 0 days 1,716 sqft
    2018-07-01 0 days 1,686 sqft
    2018-08-01 0 days 1,704 sqft
    2018-09-01 0 days 1,715 sqft
    2018-10-01 0 days 1,732 sqft
    2018-11-01 0 days 1,727 sqft
    2018-12-01 0 days 1,732 sqft
    2019-01-01 0 days 1,762 sqft
    2019-02-01 0 days 1,762 sqft
    2019-03-01 0 days 1,776 sqft
    2019-04-01 0 days 1,788 sqft
    2019-05-01 0 days 1,820 sqft
    2019-06-01 0 days 1,855 sqft
    2019-07-01 0 days 1,937 sqft
    2019-08-01 0 days 1,879 sqft
    2019-09-01 0 days 1,840 sqft
    2019-10-01 0 days 1,799 sqft
    2019-11-01 0 days 1,800 sqft
    2019-12-01 0 days 1,812 sqft
    2020-01-01 0 days 1,797 sqft
    2020-02-01 0 days 1,788 sqft
    2020-03-01 0 days 1,860 sqft
    2020-04-01 0 days 2,047 sqft
    2020-05-01 0 days 2,078 sqft
    2020-06-01 0 days 2,317 sqft
    2020-07-01 0 days 2,289 sqft
    2020-08-01 0 days 2,295 sqft
    2020-09-01 0 days 2,377 sqft
    2020-10-01 0 days 2,368 sqft
    2020-11-01 0 days 2,355 sqft
    2020-12-01 0 days 2,185 sqft
    2021-01-01 0 days 2,287 sqft
    2021-02-01 0 days 1,997 sqft
    2021-03-01 0 days 1,693 sqft
    2021-04-01 0 days 1,853 sqft
    2021-05-01 0 days 1,667 sqft
    2021-06-01 0 days 1,662 sqft
    2021-07-01 0 days 1,822 sqft
    2021-08-01 0 days 1,899 sqft
    2021-09-01 0 days 1,859 sqft
    2021-10-01 0 days 1,845 sqft
    2021-11-01 0 days 1,902 sqft
    2021-12-01 0 days 1,920 sqft
    2022-01-01 0 days 1,913 sqft
    2022-02-01 0 days 1,902 sqft
    2022-03-01 0 days 1,815 sqft
    2022-04-01 0 days 1,513 sqft
    2022-05-01 0 days 1,630 sqft
    2022-06-01 0 days 1,593 sqft
    2022-07-01 0 days 1,520 sqft
    2022-08-01 0 days 1,614 sqft
    2022-09-01 0 days 1,639 sqft
    2022-10-01 0 days 1,644 sqft
    2022-11-01 0 days 1,654 sqft
    2022-12-01 0 days 1,716 sqft
    2023-01-01 0 days 1,654 sqft
    2023-02-01 0 days 1,613 sqft
    2023-03-01 0 days 1,532 sqft
    2023-04-01 0 days 1,508 sqft
    2023-05-01 0 days 1,404 sqft
    2023-06-01 0 days 1,613 sqft
    2023-07-01 0 days 1,659 sqft
    2023-08-01 0 days 1,652 sqft
    2023-09-01 0 days 1,673 sqft
    2023-10-01 0 days 1,784 sqft
    2023-11-01 0 days 1,893 sqft
    2023-12-01 0 days 1,966 sqft
    2024-01-01 0 days 1,733 sqft
    2024-02-01 0 days 1,761 sqft
    2024-03-01 0 days 1,833 sqft
    Sweetwater's median listing age (time on market) for 2024-03-01 was 0 days.

    Sweetwater's median square footage for active listings during the 2024-03-01 period was 1,833 sqft. One year prior, the average listing was 1,532 sqft.