Vallejo USDA Loan Rates, Closing Costs & Stats
VALLEJO, CA
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 1 lenders originated 1 USDA loans during 2022. The total origination value was $415,000, with an average USDA loan value of $415,000.
Vallejo USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Vallejo
averaged
6.53%
for the week of 2023-09-22, compared to the national average (all USDA variants) of
7.021% for the same period.
Vallejo's average USDA mortgage closing costs are $9,802.
The average rate for the prior week (2023-09-15) was
6.3% and
one month ago for the week of 2023-08-18, the
average rate was 6.59%.
The average rate one year ago was 5.22%.
For refis of the same type during the week of 2023-09-22, the average rate
was 5.26%.
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 | 2022 Avg. 30yFix Rate | 2022 Avg. Closing Costs |
|---|---|---|---|
| BROKER SOLUTIONS, INC. | 1 | 3.88% | $9,943 |
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%) | $602,339 (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 | $501,916 (0.4%) | $589,821 (0.6%) | 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%) | 1.46 | 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 (15.0%) | $669,722 (13.6%) | 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%) | $705,942 (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 | $624,343 (4.2%) | $701,617 (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%) | 1.49 | 478 |
| 2023-02-01 | $599,000 (1.0%) | $675,599 (-0.8%) | 1.45 | 396 |
| 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 |
Vallejo's median listing price comes in at 141% of the national average.
Vallejo's average listing price for 2023-08-01 was $726,738, a difference of $27,019 (3.9%) versus the prior year and $6,665 versus the prior month.
For the 2023-08-01 period, Vallejo had 450 MLS listings, a difference of 57 listings (15%) versus the prior month and -380 listings (-46%) 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 | 1,857 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 | 1,864 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 | 1,699 sqft |
| 2018-12-01 | 53 days | 1,690 sqft |
| 2019-01-01 | 54 days | 1,687 sqft |
| 2019-02-01 | 34 days | 1,748 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 | 1,795 sqft |
| 2020-04-01 | 43 days | 1,823 sqft |
| 2020-05-01 | 44 days | 1,820 sqft |
| 2020-06-01 | 48 days | 1,809 sqft |
| 2020-07-01 | 39 days | 1,760 sqft |
| 2020-08-01 | 43 days | 1,757 sqft |
| 2020-09-01 | 32 days | 1,739 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 | 1,775 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 | 1,771 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 | 1,779 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 |
Vallejo's median square footage for active listings during the 2023-08-01 period was 1,815 sqft. One year prior, the average listing was 1,773 sqft.