Tyler USDA Loan Rates, Closing Costs & Stats

TYLER, 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.

    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 6.16% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    Tyler's average USDA mortgage closing costs are $5,856.

    The average rate for the prior week (2024-12-06) was 6.29% and one month ago for the week of 2024-11-08, the average rate was 6.51%.

    The average rate one year ago was 6.78%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.12%.

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

    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. Louis
    Date 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%) 0.88 1,080
    2024-10-01 $379,375 (-0.7%) $471,255 (-8.0%) 0.89 1,101
    2024-11-01 $369,900 (-1.4%) $466,354 (-8.1%) 0.89 1,089
    Tyler's median listing price for 2024-11-01 was $369,900, a difference of $-5,100 (-1.4%) versus the prior year and $-9,475 versus the prior month.

    Tyler's median listing price comes in at 89% of the national average.

    Tyler's average listing price for 2024-11-01 was $466,354, a difference of $-40,839 (-8.1%) versus the prior year and $-4,901 versus the prior month.

    For the 2024-11-01 period, Tyler had 1,089 MLS listings, a difference of -12 listings (-1%) versus the prior month and 125 listings (13%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Tyler (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date 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 63 days 2,032 sqft
    2024-10-01 63 days 2,046 sqft
    2024-11-01 65 days 2,030 sqft
    Tyler's median listing age (time on market) for 2024-11-01 was 65 days. This is 9% longer than the same period one year ago.

    Tyler's median square footage for active listings during the 2024-11-01 period was 2,030 sqft. One year prior, the average listing was 2,082 sqft.