Tyler USDA Loan Rates, Closing Costs & Stats
TYLER, 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.
Tyler's 6 lenders originated 13 USDA loans during 2023. The total origination value was $3,165,000, with an average USDA loan value of $243,462.
Tyler USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Tyler
averaged
5.83%
for the week of 2024-10-04, compared to the national average (all USDA variants) of
5.97% for the same period.
Tyler's average USDA mortgage closing costs are $5,856.
The average rate for the prior week (2024-09-27) was
6.06% and
one month ago for the week of 2024-08-30, the
average rate was 6.09%.
The average rate one year ago was 7.24%.
For refis of the same type during the week of 2024-10-04, the average rate
was 5.79%.
Tyler 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 Tyler level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
UNITED WHOLESALE MORTGAGE, LLC | 3 | 6.82% | $6,919 |
Paramount Residential Mortgage Group, Inc. | 2 | 6.38% | $6,729 |
GUILD MORTGAGE COMPANY | 1 | 6.13% | $14,356 |
Ixonia Bank | 1 | 7.88% | $8,847 |
MORTGAGE FINANCIAL SERVICES, LLC | 1 | 5.99% | $5,880 |
VERITAS FUNDING, LLC | 1 | 6.13% | $9,521 |
The top Tyler USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
3 USDA loans originated. Their average total fees are
$6,919, which is $190
higher than the next largest lender,
Paramount Residential Mortgage Group, Inc..
The lowest fee Tyler USDA lenders (with over 10 loans originated) are
.
The lowest rate Tyler USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Tyler (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $265,225 (9.6%) | $391,701 (21.7%) | 0.98 | 870 |
2018-02-01 | $267,625 (10.3%) | $389,085 (20.3%) | 0.97 | 886 |
2018-03-01 | $277,750 (11.6%) | $395,879 (21.4%) | 0.97 | 892 |
2018-04-01 | $282,438 (8.7%) | $400,994 (18.1%) | 0.96 | 912 |
2018-05-01 | $285,473 (9.1%) | $401,829 (17.1%) | 0.95 | 936 |
2018-06-01 | $274,900 (2.7%) | $363,676 (-3.2%) | 0.92 | 983 |
2018-07-01 | $274,000 (1.9%) | $357,958 (-4.3%) | 0.92 | 983 |
2018-08-01 | $265,000 (-1.8%) | $346,080 (-9.0%) | 0.89 | 991 |
2018-09-01 | $265,000 (-3.6%) | $344,802 (-10.9%) | 0.89 | 926 |
2018-10-01 | $265,875 (-3.3%) | $348,448 (-10.7%) | 0.90 | 930 |
2018-11-01 | $269,250 (-0.5%) | $349,021 (-10.1%) | 0.91 | 895 |
2018-12-01 | $275,000 (2.5%) | $353,121 (-9.0%) | 0.95 | 820 |
2019-01-01 | $276,425 (4.2%) | $353,979 (-9.6%) | 0.96 | 771 |
2019-02-01 | $269,700 (0.8%) | $356,842 (-8.3%) | 0.91 | 758 |
2019-03-01 | $280,100 (0.9%) | $369,130 (-6.8%) | 0.92 | 757 |
2019-04-01 | $294,950 (4.4%) | $378,495 (-5.6%) | 0.94 | 785 |
2019-05-01 | $304,950 (6.8%) | $392,852 (-2.2%) | 0.95 | 785 |
2019-06-01 | $299,900 (9.1%) | $392,423 (7.9%) | 0.94 | 782 |
2019-07-01 | $297,000 (8.4%) | $379,900 (6.1%) | 0.93 | 778 |
2019-08-01 | $291,779 (10.1%) | $373,213 (7.8%) | 0.92 | 769 |
2019-09-01 | $290,216 (9.5%) | $369,488 (7.2%) | 0.93 | 767 |
2019-10-01 | $289,174 (8.8%) | $367,975 (5.6%) | 0.93 | 763 |
2019-11-01 | $275,000 (2.1%) | $357,763 (2.5%) | 0.90 | 753 |
2019-12-01 | $269,450 (-2.0%) | $346,018 (-2.0%) | 0.90 | 735 |
2020-01-01 | $269,900 (-2.4%) | $348,328 (-1.6%) | 0.90 | 699 |
2020-02-01 | $269,900 (0.1%) | $358,346 (0.4%) | 0.88 | 661 |
2020-03-01 | $269,900 (-3.6%) | $365,769 (-0.9%) | 0.85 | 686 |
2020-04-01 | $274,993 (-6.8%) | $363,492 (-4.0%) | 0.86 | 689 |
2020-05-01 | $285,000 (-6.5%) | $387,269 (-1.4%) | 0.87 | 678 |
2020-06-01 | $290,850 (-3.0%) | $391,643 (-0.2%) | 0.86 | 669 |
2020-07-01 | $292,000 (-1.7%) | $400,572 (5.4%) | 0.85 | 622 |
2020-08-01 | $289,500 (-0.8%) | $399,299 (7.0%) | 0.83 | 594 |
2020-09-01 | $294,850 (1.6%) | $401,029 (8.5%) | 0.84 | 568 |
2020-10-01 | $290,000 (0.3%) | $405,427 (10.2%) | 0.83 | 503 |
2020-11-01 | $284,975 (3.6%) | $389,446 (8.9%) | 0.83 | 478 |
2020-12-01 | $295,000 (9.5%) | $405,272 (17.1%) | 0.88 | 436 |
2021-01-01 | $289,950 (7.4%) | $391,726 (12.5%) | 0.87 | 385 |
2021-02-01 | $299,600 (11.0%) | $404,255 (12.8%) | 0.87 | 334 |
2021-03-01 | $298,700 (10.7%) | $424,656 (16.1%) | 0.85 | 300 |
2021-04-01 | $312,500 (13.6%) | $453,549 (24.8%) | 0.85 | 310 |
2021-05-01 | $342,490 (20.2%) | $472,524 (22.0%) | 0.91 | 317 |
2021-06-01 | $364,950 (25.5%) | $522,819 (33.5%) | 0.96 | 336 |
2021-07-01 | $360,000 (23.3%) | $514,385 (28.4%) | 0.95 | 380 |
2021-08-01 | $356,700 (23.2%) | $488,691 (22.4%) | 0.95 | 432 |
2021-09-01 | $350,000 (18.7%) | $497,789 (24.1%) | 0.93 | 423 |
2021-10-01 | $349,944 (20.7%) | $504,302 (24.4%) | 0.93 | 399 |
2021-11-01 | $359,719 (26.2%) | $542,062 (39.2%) | 0.96 | 357 |
2021-12-01 | $361,519 (22.6%) | $541,818 (33.7%) | 0.98 | 349 |
2022-01-01 | $364,500 (25.7%) | $549,555 (40.3%) | 0.99 | 308 |
2022-02-01 | $368,800 (23.1%) | $555,600 (37.4%) | 0.96 | 273 |
2022-03-01 | $357,500 (19.7%) | $548,464 (29.2%) | 0.90 | 264 |
2022-04-01 | $364,990 (16.8%) | $576,841 (27.2%) | 0.87 | 298 |
2022-05-01 | $382,498 (11.7%) | $567,745 (20.2%) | 0.87 | 391 |
2022-06-01 | $397,225 (8.8%) | $571,865 (9.4%) | 0.88 | 469 |
2022-07-01 | $395,000 (9.7%) | $544,601 (5.9%) | 0.89 | 549 |
2022-08-01 | $389,638 (9.2%) | $554,014 (13.4%) | 0.90 | 589 |
2022-09-01 | $393,500 (12.4%) | $539,050 (8.3%) | 0.92 | 636 |
2022-10-01 | $399,900 (14.3%) | $540,632 (7.2%) | 0.94 | 683 |
2022-11-01 | $399,675 (11.1%) | $523,322 (-3.5%) | 0.96 | 713 |
2022-12-01 | $405,000 (12.0%) | $533,201 (-1.6%) | 1.00 | 701 |
2023-01-01 | $400,000 (9.7%) | $538,412 (-2.0%) | 0.99 | 680 |
2023-02-01 | $409,443 (11.0%) | $542,713 (-2.3%) | 0.99 | 672 |
2023-03-01 | $410,820 (14.9%) | $554,063 (1.0%) | 0.97 | 672 |
2023-04-01 | $399,700 (9.5%) | $538,296 (-6.7%) | 0.93 | 681 |
2023-05-01 | $399,450 (4.4%) | $534,790 (-5.8%) | 0.91 | 699 |
2023-06-01 | $400,000 (0.7%) | $519,942 (-9.1%) | 0.90 | 767 |
2023-07-01 | $392,000 (-0.8%) | $508,296 (-6.7%) | 0.89 | 811 |
2023-08-01 | $385,000 (-1.2%) | $512,396 (-7.5%) | 0.88 | 861 |
2023-09-01 | $385,940 (-1.9%) | $525,551 (-2.5%) | 0.90 | 877 |
2023-10-01 | $381,950 (-4.5%) | $512,004 (-5.3%) | 0.90 | 937 |
2023-11-01 | $375,000 (-6.2%) | $507,193 (-3.1%) | 0.89 | 964 |
2023-12-01 | $375,000 (-7.4%) | $503,657 (-5.5%) | 0.91 | 942 |
2024-01-01 | $375,000 (-6.3%) | $493,207 (-8.4%) | 0.92 | 883 |
2024-02-01 | $382,628 (-6.6%) | $493,989 (-9.0%) | 0.92 | 879 |
2024-03-01 | $391,650 (-4.7%) | $491,179 (-11.4%) | 0.92 | 914 |
2024-04-01 | $395,000 (-1.2%) | $489,377 (-9.1%) | 0.92 | 891 |
2024-05-01 | $395,000 (-1.1%) | $494,843 (-7.5%) | 0.89 | 940 |
2024-06-01 | $385,000 (-3.8%) | $486,901 (-6.4%) | 0.87 | 1,043 |
2024-07-01 | $379,750 (-3.1%) | $485,964 (-4.4%) | 0.87 | 1,120 |
2024-08-01 | $380,328 (-1.2%) | $486,277 (-5.1%) | 0.88 | 1,094 |
2024-09-01 | $375,000 (-2.8%) | $474,362 (-9.7%) | 0.00 | 1,080 |
Tyler's median listing price comes in at 0% of the national average.
Tyler's average listing price for 2024-09-01 was $474,362, a difference of $-51,189 (-9.7%) versus the prior year and $-11,915 versus the prior month.
For the 2024-09-01 period, Tyler had 1,080 MLS listings, a difference of -14 listings (-1%) versus the prior month and 203 listings (23%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Tyler (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 86 days | 2,310 sqft |
2018-02-01 | 77 days | 2,279 sqft |
2018-03-01 | 66 days | 2,304 sqft |
2018-04-01 | 63 days | 2,324 sqft |
2018-05-01 | 59 days | 2,337 sqft |
2018-06-01 | 57 days | 2,306 sqft |
2018-07-01 | 60 days | 2,285 sqft |
2018-08-01 | 65 days | 2,270 sqft |
2018-09-01 | 72 days | 2,278 sqft |
2018-10-01 | 66 days | 2,276 sqft |
2018-11-01 | 67 days | 2,267 sqft |
2018-12-01 | 77 days | 2,272 sqft |
2019-01-01 | 86 days | 2,276 sqft |
2019-02-01 | 83 days | 2,232 sqft |
2019-03-01 | 69 days | 2,274 sqft |
2019-04-01 | 54 days | 2,344 sqft |
2019-05-01 | 49 days | 2,435 sqft |
2019-06-01 | 52 days | 2,434 sqft |
2019-07-01 | 53 days | 2,429 sqft |
2019-08-01 | 57 days | 2,414 sqft |
2019-09-01 | 59 days | 2,394 sqft |
2019-10-01 | 60 days | 2,366 sqft |
2019-11-01 | 67 days | 2,301 sqft |
2019-12-01 | 71 days | 2,211 sqft |
2020-01-01 | 76 days | 2,155 sqft |
2020-02-01 | 64 days | 2,150 sqft |
2020-03-01 | 53 days | 2,177 sqft |
2020-04-01 | 57 days | 2,182 sqft |
2020-05-01 | 59 days | 2,208 sqft |
2020-06-01 | 51 days | 2,259 sqft |
2020-07-01 | 51 days | 2,230 sqft |
2020-08-01 | 52 days | 2,234 sqft |
2020-09-01 | 53 days | 2,249 sqft |
2020-10-01 | 51 days | 2,199 sqft |
2020-11-01 | 51 days | 2,204 sqft |
2020-12-01 | 64 days | 2,251 sqft |
2021-01-01 | 67 days | 2,177 sqft |
2021-02-01 | 44 days | 2,149 sqft |
2021-03-01 | 49 days | 2,147 sqft |
2021-04-01 | 33 days | 2,186 sqft |
2021-05-01 | 36 days | 2,202 sqft |
2021-06-01 | 38 days | 2,258 sqft |
2021-07-01 | 38 days | 2,201 sqft |
2021-08-01 | 38 days | 2,191 sqft |
2021-09-01 | 41 days | 2,185 sqft |
2021-10-01 | 50 days | 2,130 sqft |
2021-11-01 | 56 days | 2,133 sqft |
2021-12-01 | 55 days | 2,108 sqft |
2022-01-01 | 55 days | 2,029 sqft |
2022-02-01 | 46 days | 2,061 sqft |
2022-03-01 | 38 days | 2,001 sqft |
2022-04-01 | 30 days | 2,001 sqft |
2022-05-01 | 30 days | 2,048 sqft |
2022-06-01 | 33 days | 2,106 sqft |
2022-07-01 | 36 days | 2,075 sqft |
2022-08-01 | 39 days | 2,052 sqft |
2022-09-01 | 43 days | 2,093 sqft |
2022-10-01 | 49 days | 2,146 sqft |
2022-11-01 | 54 days | 2,145 sqft |
2022-12-01 | 70 days | 2,175 sqft |
2023-01-01 | 73 days | 2,132 sqft |
2023-02-01 | 69 days | 2,155 sqft |
2023-03-01 | 58 days | 2,180 sqft |
2023-04-01 | 50 days | 2,121 sqft |
2023-05-01 | 48 days | 2,185 sqft |
2023-06-01 | 44 days | 2,142 sqft |
2023-07-01 | 45 days | 2,099 sqft |
2023-08-01 | 50 days | 2,097 sqft |
2023-09-01 | 54 days | 2,102 sqft |
2023-10-01 | 56 days | 2,090 sqft |
2023-11-01 | 60 days | 2,082 sqft |
2023-12-01 | 70 days | 2,075 sqft |
2024-01-01 | 73 days | 2,081 sqft |
2024-02-01 | 68 days | 2,090 sqft |
2024-03-01 | 50 days | 2,095 sqft |
2024-04-01 | 51 days | 2,109 sqft |
2024-05-01 | 46 days | 2,124 sqft |
2024-06-01 | 50 days | 2,090 sqft |
2024-07-01 | 56 days | 2,070 sqft |
2024-08-01 | 61 days | 2,063 sqft |
2024-09-01 | 0 days | 2,032 sqft |
Tyler's median square footage for active listings during the 2024-09-01 period was 2,032 sqft. One year prior, the average listing was 2,102 sqft.