Vallejo USDA Loan Rates, Closing Costs & Stats

VALLEJO, CA

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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.

    Vallejo's 0 lenders originated 1 USDA loans during 2023. The total origination value was $3,405,000, with an average USDA loan value of $3,405,000.

    Vallejo USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Vallejo averaged 6.28% for the week of 2024-11-08, compared to the national average (all USDA variants) of 6.477% for the same period.

    Vallejo's average USDA mortgage closing costs are $9,802.

    The average rate for the prior week (2024-11-01) was 6.35% and one month ago for the week of 2024-10-04, the average rate was 5.68%.

    The average rate one year ago was 7.01%.

    For refis of the same type during the week of 2024-11-08, the average rate was 6.46%.

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

    Vallejo 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 Vallejo level.

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

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Vallejo (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 $484,600 (13.4%) $579,539 (11.0%) 1.80 396
    2018-02-01 $474,000 (10.2%) $602,352 (14.9%) 1.72 404
    2018-03-01 $470,000 (10.2%) $583,201 (13.2%) 1.65 443
    2018-04-01 $483,125 (11.1%) $586,330 (12.2%) 1.64 490
    2018-05-01 $499,000 (13.1%) $623,135 (17.1%) 1.67 557
    2018-06-01 $489,900 (7.5%) $611,163 (10.7%) 1.63 663
    2018-07-01 $487,000 (6.1%) $594,288 (11.2%) 1.63 685
    2018-08-01 $469,550 (2.7%) $557,017 (6.6%) 1.57 771
    2018-09-01 $469,000 (4.2%) $543,624 (0.1%) 1.58 816
    2018-10-01 $459,450 (2.4%) $525,980 (-3.6%) 1.56 845
    2018-11-01 $455,050 (0.6%) $530,472 (-5.1%) 1.54 806
    2018-12-01 $455,000 (-5.2%) $523,771 (-10.4%) 1.57 709
    2019-01-01 $455,750 (-6.0%) $695,797 (20.1%) 1.57 628
    2019-02-01 $459,725 (-3.0%) $524,807 (-12.9%) 1.55 635
    2019-03-01 $470,714 (0.2%) $540,484 (-7.3%) 1.54 644
    2019-04-01 $485,000 (0.4%) $557,960 (-4.8%) 1.54 667
    2019-05-01 $487,919 (-2.2%) $566,121 (-9.2%) 1.53 733
    2019-06-01 $499,900 (2.0%) $586,134 (-4.1%) 1.56 766
    2019-07-01 $499,000 (2.5%) $584,585 (-1.6%) 1.56 777
    2019-08-01 $496,941 (5.8%) $580,896 (4.3%) 1.57 769
    2019-09-01 $493,852 (5.3%) $569,180 (4.7%) 1.58 763
    2019-10-01 $491,793 (7.0%) $561,369 (6.7%) 1.59 749
    2019-11-01 $479,000 (5.3%) $554,684 (4.6%) 1.57 658
    2019-12-01 $476,225 (4.7%) $568,552 (8.6%) 1.59 518
    2020-01-01 $465,000 (2.0%) $572,311 (-17.8%) 1.55 471
    2020-02-01 $485,000 (5.5%) $582,887 (11.1%) 1.59 440
    2020-03-01 $488,000 (3.7%) $581,747 (7.6%) 1.53 467
    2020-04-01 $499,000 (2.9%) $570,498 (2.3%) 1.56 508
    2020-05-01 $495,500 (1.6%) $574,475 (1.5%) 1.51 531
    2020-06-01 $502,158 (0.5%) $590,071 (0.7%) 1.48 439
    2020-07-01 $505,750 (1.4%) $593,198 (1.5%) 1.47 396
    2020-08-01 $510,000 (2.6%) $591,793 (1.9%) 1.46 355
    2020-09-01 $489,688 (-0.8%) $575,264 (1.1%) 1.40 332
    2020-10-01 $499,000 (1.5%) $596,939 (6.3%) 1.43 334
    2020-11-01 $512,500 (7.0%) $605,401 (9.1%) 1.50 294
    2020-12-01 $498,875 (4.8%) $609,717 (7.2%) 1.48 240
    2021-01-01 $514,900 (10.7%) $625,935 (9.4%) 1.54 211
    2021-02-01 $499,725 (3.0%) $602,559 (3.4%) 1.45 207
    2021-03-01 $521,975 (7.0%) $633,163 (8.8%) 1.48 203
    2021-04-01 $538,094 (7.8%) $659,397 (15.6%) 1.46 228
    2021-05-01 $549,900 (11.0%) $648,498 (12.9%) 1.46 257
    2021-06-01 $577,000 (14.9%) $669,722 (13.5%) 1.52 307
    2021-07-01 $585,000 (15.7%) $681,788 (14.9%) 1.54 336
    2021-08-01 $582,000 (14.1%) $669,031 (13.1%) 1.55 391
    2021-09-01 $599,450 (22.4%) $667,207 (16.0%) 1.60 424
    2021-10-01 $599,000 (20.0%) $663,307 (11.1%) 1.60 432
    2021-11-01 $599,000 (16.9%) $675,072 (11.5%) 1.60 376
    2021-12-01 $589,200 (18.1%) $665,028 (9.1%) 1.60 288
    2022-01-01 $585,000 (13.6%) $675,470 (7.9%) 1.58 213
    2022-02-01 $593,250 (18.7%) $681,193 (13.1%) 1.54 210
    2022-03-01 $610,000 (16.9%) $714,002 (12.8%) 1.53 263
    2022-04-01 $639,000 (18.8%) $724,182 (9.8%) 1.52 306
    2022-05-01 $629,000 (14.4%) $705,979 (8.9%) 1.44 436
    2022-06-01 $619,500 (7.4%) $689,353 (2.9%) 1.38 612
    2022-07-01 $620,000 (6.0%) $686,594 (0.7%) 1.40 730
    2022-08-01 $625,000 (7.4%) $699,719 (4.6%) 1.44 830
    2022-09-01 $624,000 (4.1%) $701,662 (5.2%) 1.46 787
    2022-10-01 $606,891 (1.3%) $697,992 (5.2%) 1.43 791
    2022-11-01 $599,625 (0.1%) $696,482 (3.2%) 1.44 750
    2022-12-01 $599,900 (1.8%) $692,313 (4.1%) 1.48 575
    2023-01-01 $599,000 (2.4%) $679,404 (0.6%) 1.48 478
    2023-02-01 $599,000 (1.0%) $675,651 (-0.8%) 1.45 397
    2023-03-01 $599,968 (-1.6%) $699,749 (-2.0%) 1.42 371
    2023-04-01 $609,500 (-4.6%) $745,839 (3.0%) 1.42 297
    2023-05-01 $622,225 (-1.1%) $751,163 (6.4%) 1.41 326
    2023-06-01 $626,000 (1.1%) $730,478 (6.0%) 1.41 361
    2023-07-01 $624,900 (0.8%) $720,073 (4.9%) 1.42 393
    2023-08-01 $615,000 (-1.6%) $726,738 (3.9%) 1.41 450
    2023-09-01 $599,950 (-3.9%) $708,896 (1.0%) 1.40 515
    2023-10-01 $598,950 (-1.3%) $680,878 (-2.5%) 1.41 563
    2023-11-01 $583,814 (-2.6%) $668,738 (-4.0%) 1.39 554
    2023-12-01 $589,000 (-1.8%) $680,622 (-1.7%) 1.44 475
    2024-01-01 $592,500 (-1.1%) $689,497 (1.5%) 1.45 414
    2024-02-01 $583,944 (-2.5%) $662,531 (-1.9%) 1.41 417
    2024-03-01 $585,000 (-2.5%) $692,735 (-1.0%) 1.38 457
    2024-04-01 $597,000 (-2.1%) $691,104 (-7.3%) 1.39 545
    2024-05-01 $599,450 (-3.7%) $693,878 (-7.6%) 1.35 618
    2024-06-01 $601,900 (-3.9%) $698,213 (-4.4%) 1.35 651
    2024-07-01 $610,475 (-2.3%) $709,590 (-1.5%) 1.40 717
    2024-08-01 $600,000 (-2.4%) $704,099 (-3.1%) 1.40 714
    2024-09-01 $599,945 (0.0%) $697,128 (-1.7%) 1.41 706
    2024-10-01 $595,988 (-0.5%) $697,447 (2.4%) 1.40 711
    Vallejo's median listing price for 2024-10-01 was $595,988, a difference of $-2,962 (-0.5%) versus the prior year and $-3,957 versus the prior month.

    Vallejo's median listing price comes in at 140% of the national average.

    Vallejo's average listing price for 2024-10-01 was $697,447, a difference of $16,569 (2.4%) versus the prior year and $319 versus the prior month.

    For the 2024-10-01 period, Vallejo had 711 MLS listings, a difference of 5 listings (1%) versus the prior month and 148 listings (26%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Vallejo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 37 days 1,906 sqft
    2018-02-01 26 days 1,856 sqft
    2018-03-01 23 days 1,822 sqft
    2018-04-01 22 days 1,812 sqft
    2018-05-01 23 days 1,880 sqft
    2018-06-01 22 days 1,866 sqft
    2018-07-01 30 days 1,852 sqft
    2018-08-01 34 days 1,800 sqft
    2018-09-01 37 days 1,797 sqft
    2018-10-01 38 days 1,703 sqft
    2018-11-01 44 days 1,698 sqft
    2018-12-01 53 days 1,689 sqft
    2019-01-01 54 days 1,685 sqft
    2019-02-01 34 days 1,747 sqft
    2019-03-01 31 days 1,773 sqft
    2019-04-01 27 days 1,790 sqft
    2019-05-01 27 days 1,790 sqft
    2019-06-01 31 days 1,874 sqft
    2019-07-01 32 days 1,868 sqft
    2019-08-01 36 days 1,852 sqft
    2019-09-01 40 days 1,842 sqft
    2019-10-01 43 days 1,835 sqft
    2019-11-01 51 days 1,784 sqft
    2019-12-01 60 days 1,786 sqft
    2020-01-01 60 days 1,763 sqft
    2020-02-01 43 days 1,797 sqft
    2020-03-01 36 days 1,796 sqft
    2020-04-01 43 days 1,823 sqft
    2020-05-01 44 days 1,820 sqft
    2020-06-01 48 days 1,808 sqft
    2020-07-01 39 days 1,760 sqft
    2020-08-01 43 days 1,757 sqft
    2020-09-01 32 days 1,740 sqft
    2020-10-01 29 days 1,740 sqft
    2020-11-01 32 days 1,792 sqft
    2020-12-01 36 days 1,713 sqft
    2021-01-01 36 days 1,745 sqft
    2021-02-01 24 days 1,694 sqft
    2021-03-01 26 days 1,687 sqft
    2021-04-01 25 days 1,740 sqft
    2021-05-01 22 days 1,745 sqft
    2021-06-01 23 days 1,770 sqft
    2021-07-01 27 days 1,809 sqft
    2021-08-01 27 days 1,692 sqft
    2021-09-01 29 days 1,765 sqft
    2021-10-01 31 days 1,778 sqft
    2021-11-01 37 days 1,768 sqft
    2021-12-01 42 days 1,704 sqft
    2022-01-01 38 days 1,714 sqft
    2022-02-01 22 days 1,715 sqft
    2022-03-01 23 days 1,766 sqft
    2022-04-01 24 days 1,787 sqft
    2022-05-01 26 days 1,773 sqft
    2022-06-01 29 days 1,753 sqft
    2022-07-01 34 days 1,750 sqft
    2022-08-01 37 days 1,773 sqft
    2022-09-01 47 days 1,770 sqft
    2022-10-01 52 days 1,767 sqft
    2022-11-01 52 days 1,773 sqft
    2022-12-01 67 days 1,784 sqft
    2023-01-01 72 days 1,793 sqft
    2023-02-01 59 days 1,778 sqft
    2023-03-01 40 days 1,822 sqft
    2023-04-01 38 days 1,847 sqft
    2023-05-01 33 days 1,849 sqft
    2023-06-01 37 days 1,813 sqft
    2023-07-01 31 days 1,781 sqft
    2023-08-01 35 days 1,815 sqft
    2023-09-01 29 days 1,744 sqft
    2023-10-01 37 days 1,704 sqft
    2023-11-01 39 days 1,692 sqft
    2023-12-01 50 days 1,716 sqft
    2024-01-01 50 days 1,706 sqft
    2024-02-01 37 days 1,624 sqft
    2024-03-01 34 days 1,659 sqft
    2024-04-01 32 days 1,686 sqft
    2024-05-01 31 days 1,704 sqft
    2024-06-01 36 days 1,744 sqft
    2024-07-01 36 days 1,770 sqft
    2024-08-01 39 days 1,757 sqft
    2024-09-01 45 days 1,724 sqft
    2024-10-01 44 days 1,700 sqft
    Vallejo's median listing age (time on market) for 2024-10-01 was 44 days. This is 19% longer than the same period one year ago.

    Vallejo's median square footage for active listings during the 2024-10-01 period was 1,700 sqft. One year prior, the average listing was 1,704 sqft.