Taos USDA Loan Rates, Closing Costs & Stats

Taos, NM

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Taos USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Taos averaged 6.63% for the week of 2024-04-12, compared to the national average (all USDA variants) of 6.705% for the same period.

    Taos's average USDA mortgage closing costs are $6,054.

    The average rate for the prior week (2024-04-05) was 6.75% and one month ago for the week of 2024-03-08, the average rate was 6.71%.

    The average rate one year ago was 6.62%.

    For refis of the same type during the week of 2024-04-12, the average rate was 6.91%.

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

    Taos 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 Taos level.

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

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Taos (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 $383,375 (10.6%) $571,040 (14.1%) 0.00 291
    2018-02-01 $382,000 (10.1%) $649,263 (30.6%) 0.00 281
    2018-03-01 $375,000 (10.9%) $634,762 (29.5%) 0.00 290
    2018-04-01 $367,200 (11.5%) $630,509 (31.6%) 0.00 306
    2018-05-01 $377,250 (11.3%) $569,737 (21.2%) 0.00 330
    2018-06-01 $397,000 (15.1%) $574,266 (21.2%) 0.00 363
    2018-07-01 $399,000 (14.0%) $576,594 (23.4%) 0.00 393
    2018-08-01 $393,500 (12.4%) $565,128 (23.2%) 0.00 417
    2018-09-01 $385,000 (10.2%) $577,878 (26.2%) 0.00 424
    2018-10-01 $389,750 (11.5%) $578,033 (22.5%) 0.00 398
    2018-11-01 $397,500 (10.7%) $617,788 (22.1%) 0.00 368
    2018-12-01 $398,000 (9.3%) $660,618 (30.4%) 0.00 344
    2019-01-01 $394,225 (2.8%) $684,545 (19.9%) 0.00 314
    2019-02-01 $389,750 (2.0%) $577,865 (-11.0%) 0.00 309
    2019-03-01 $385,286 (2.7%) $560,667 (-11.7%) 0.00 310
    2019-04-01 $379,000 (3.2%) $537,015 (-14.8%) 0.00 314
    2019-05-01 $376,000 (-0.3%) $512,945 (-10.0%) 0.00 347
    2019-06-01 $379,000 (-4.5%) $518,336 (-9.7%) 0.00 369
    2019-07-01 $377,000 (-5.5%) $529,817 (-8.1%) 0.00 390
    2019-08-01 $375,682 (-4.5%) $532,198 (-5.8%) 0.00 395
    2019-09-01 $376,705 (-2.2%) $538,161 (-6.9%) 0.00 397
    2019-10-01 $387,750 (-0.5%) $547,060 (-5.4%) 0.00 393
    2019-11-01 $399,000 (0.4%) $575,331 (-6.9%) 0.00 349
    2019-12-01 $399,000 (0.3%) $570,499 (-13.6%) 0.00 334
    2020-01-01 $409,725 (3.9%) $591,052 (-13.7%) 0.00 280
    2020-02-01 $399,000 (2.4%) $588,395 (1.8%) 0.00 281
    2020-03-01 $399,500 (3.7%) $593,525 (5.9%) 0.00 275
    2020-04-01 $399,000 (5.3%) $582,835 (8.5%) 0.00 265
    2020-05-01 $404,950 (7.7%) $578,311 (12.7%) 0.00 265
    2020-06-01 $425,000 (12.1%) $579,654 (11.8%) 0.00 262
    2020-07-01 $427,000 (13.3%) $589,766 (11.3%) 0.00 260
    2020-08-01 $446,000 (18.7%) $639,941 (20.3%) 0.00 228
    2020-09-01 $485,000 (28.8%) $674,300 (25.3%) 0.00 209
    2020-10-01 $495,000 (27.7%) $724,426 (32.4%) 0.00 205
    2020-11-01 $496,000 (24.3%) $711,387 (23.7%) 0.00 167
    2020-12-01 $477,000 (19.6%) $681,581 (19.5%) 0.00 157
    2021-01-01 $442,450 (8.0%) $699,586 (18.4%) 0.00 135
    2021-02-01 $458,225 (14.8%) $728,735 (23.9%) 0.00 113
    2021-03-01 $489,500 (22.5%) $774,752 (30.5%) 0.00 106
    2021-04-01 $495,750 (24.3%) $797,966 (36.9%) 0.00 117
    2021-05-01 $459,000 (13.4%) $747,145 (29.2%) 0.00 120
    2021-06-01 $448,000 (5.4%) $718,114 (23.9%) 0.00 147
    2021-07-01 $462,500 (8.3%) $704,182 (19.4%) 0.00 164
    2021-08-01 $465,725 (4.4%) $714,656 (11.7%) 0.00 164
    2021-09-01 $449,000 (-7.4%) $713,376 (5.8%) 0.00 147
    2021-10-01 $493,500 (-0.3%) $807,810 (11.5%) 0.00 138
    2021-11-01 $478,500 (-3.5%) $791,943 (11.3%) 0.00 117
    2021-12-01 $492,000 (3.1%) $781,432 (14.7%) 0.00 111
    2022-01-01 $479,000 (8.3%) $780,874 (11.6%) 0.00 99
    2022-02-01 $512,000 (11.7%) $815,336 (11.9%) 0.00 83
    2022-03-01 $478,500 (-2.3%) $772,132 (-0.3%) 0.00 91
    2022-04-01 $496,500 (0.2%) $801,824 (0.5%) 0.00 90
    2022-05-01 $572,000 (24.6%) $812,921 (8.8%) 0.00 98
    2022-06-01 $582,750 (30.1%) $794,220 (10.6%) 0.00 115
    2022-07-01 $609,000 (31.7%) $849,758 (20.7%) 0.00 139
    2022-08-01 $602,250 (29.3%) $842,894 (17.9%) 0.00 158
    2022-09-01 $562,250 (25.2%) $802,627 (12.5%) 0.00 163
    2022-10-01 $580,000 (17.5%) $758,542 (-6.1%) 0.00 162
    2022-11-01 $546,500 (14.2%) $727,804 (-8.1%) 0.00 172
    2022-12-01 $579,500 (17.8%) $758,389 (-3.0%) 0.00 164
    2023-01-01 $569,000 (18.8%) $750,780 (-3.9%) 0.00 149
    2023-02-01 $568,500 (11.0%) $735,139 (-9.8%) 0.00 140
    2023-03-01 $568,500 (18.8%) $751,941 (-2.6%) 0.00 130
    2023-04-01 $565,750 (14.0%) $730,887 (-8.9%) 0.00 139
    2023-05-01 $553,000 (-3.3%) $719,682 (-11.5%) 0.00 136
    2023-06-01 $593,750 (1.9%) $732,308 (-7.8%) 0.00 157
    2023-07-01 $577,000 (-5.3%) $726,875 (-14.5%) 0.00 171
    2023-08-01 $617,500 (2.5%) $802,919 (-4.7%) 0.00 166
    2023-09-01 $619,000 (10.1%) $806,365 (0.5%) 0.00 166
    2023-10-01 $625,000 (7.8%) $847,389 (11.7%) 0.00 171
    2023-11-01 $641,250 (17.3%) $896,793 (23.2%) 0.00 156
    2023-12-01 $649,000 (12.0%) $915,799 (20.8%) 0.00 149
    2024-01-01 $647,000 (13.7%) $918,187 (22.3%) 0.00 149
    2024-02-01 $629,750 (10.8%) $1,075,151 (46.3%) 0.00 155
    2024-03-01 $649,500 (14.3%) $1,082,512 (44.0%) 0.00 159
    Taos's median listing price for 2024-03-01 was $649,500, a difference of $81,000 (14.3%) versus the prior year and $19,750 versus the prior month.

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

    Taos's average listing price for 2024-03-01 was $1,082,512, a difference of $330,571 (44.0%) versus the prior year and $7,361 versus the prior month.

    For the 2024-03-01 period, Taos had 159 MLS listings, a difference of 4 listings (3%) versus the prior month and 29 listings (22%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Taos (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,900 sqft
    2018-02-01 0 days 1,900 sqft
    2018-03-01 0 days 1,848 sqft
    2018-04-01 0 days 1,800 sqft
    2018-05-01 0 days 1,864 sqft
    2018-06-01 0 days 1,892 sqft
    2018-07-01 0 days 1,895 sqft
    2018-08-01 0 days 1,809 sqft
    2018-09-01 0 days 1,800 sqft
    2018-10-01 0 days 1,800 sqft
    2018-11-01 0 days 1,800 sqft
    2018-12-01 0 days 1,800 sqft
    2019-01-01 0 days 1,800 sqft
    2019-02-01 0 days 1,800 sqft
    2019-03-01 0 days 1,800 sqft
    2019-04-01 0 days 1,800 sqft
    2019-05-01 0 days 1,800 sqft
    2019-06-01 0 days 1,832 sqft
    2019-07-01 0 days 1,842 sqft
    2019-08-01 0 days 1,823 sqft
    2019-09-01 0 days 1,833 sqft
    2019-10-01 0 days 1,853 sqft
    2019-11-01 0 days 1,866 sqft
    2019-12-01 0 days 1,863 sqft
    2020-01-01 0 days 1,886 sqft
    2020-02-01 0 days 1,880 sqft
    2020-03-01 0 days 1,862 sqft
    2020-04-01 0 days 1,812 sqft
    2020-05-01 0 days 1,857 sqft
    2020-06-01 0 days 1,824 sqft
    2020-07-01 0 days 1,908 sqft
    2020-08-01 0 days 1,979 sqft
    2020-09-01 0 days 2,000 sqft
    2020-10-01 0 days 2,142 sqft
    2020-11-01 0 days 2,152 sqft
    2020-12-01 0 days 1,990 sqft
    2021-01-01 0 days 1,896 sqft
    2021-02-01 0 days 2,019 sqft
    2021-03-01 0 days 1,955 sqft
    2021-04-01 0 days 1,881 sqft
    2021-05-01 0 days 1,777 sqft
    2021-06-01 0 days 1,877 sqft
    2021-07-01 0 days 1,876 sqft
    2021-08-01 0 days 1,818 sqft
    2021-09-01 0 days 1,864 sqft
    2021-10-01 0 days 1,897 sqft
    2021-11-01 0 days 1,860 sqft
    2021-12-01 0 days 1,912 sqft
    2022-01-01 0 days 1,869 sqft
    2022-02-01 0 days 1,888 sqft
    2022-03-01 0 days 1,880 sqft
    2022-04-01 0 days 1,878 sqft
    2022-05-01 0 days 1,933 sqft
    2022-06-01 0 days 1,800 sqft
    2022-07-01 0 days 1,966 sqft
    2022-08-01 0 days 1,959 sqft
    2022-09-01 0 days 1,899 sqft
    2022-10-01 0 days 1,881 sqft
    2022-11-01 0 days 1,810 sqft
    2022-12-01 0 days 1,945 sqft
    2023-01-01 0 days 1,927 sqft
    2023-02-01 0 days 1,943 sqft
    2023-03-01 0 days 1,953 sqft
    2023-04-01 0 days 1,997 sqft
    2023-05-01 0 days 1,941 sqft
    2023-06-01 0 days 2,000 sqft
    2023-07-01 0 days 1,918 sqft
    2023-08-01 0 days 1,933 sqft
    2023-09-01 0 days 1,945 sqft
    2023-10-01 0 days 1,999 sqft
    2023-11-01 0 days 2,000 sqft
    2023-12-01 0 days 2,000 sqft
    2024-01-01 0 days 2,040 sqft
    2024-02-01 0 days 1,997 sqft
    2024-03-01 0 days 2,000 sqft
    Taos's median listing age (time on market) for 2024-03-01 was 0 days.

    Taos's median square footage for active listings during the 2024-03-01 period was 2,000 sqft. One year prior, the average listing was 1,953 sqft.