Victoria USDA Loan Rates, Closing Costs & Stats

VICTORIA, 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.

Victoria's 1 lenders originated 2 USDA loans during 2021. The total origination value was $380,000, with an average USDA loan value of $190,000.

Victoria USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Victoria averaged 6.44% for the week of 2022-12-02, compared to the national average (all USDA variants) of 6.437% for the same period.

Victoria's average USDA mortgage closing costs are $5,253.

The average rate for the prior week (2022-11-25) was 6.88% and one month ago for the week of 2022-10-28, the average rate was 6.95%.

The average rate one year ago was 3.74%.

For refis of the same type during the week of 2022-12-02, the average rate was 6.01%.

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

Victoria 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 Victoria level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
Wallick & Volk, Inc. 1 2.75% $5,419

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Victoria (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 $229,938 (15.4%) $278,157 (22.5%) 0.00 266
2018-02-01 $222,225 (12.6%) $269,591 (18.2%) 0.00 256
2018-03-01 $223,750 (12.3%) $269,170 (15.4%) 0.00 256
2018-04-01 $232,400 (12.0%) $264,464 (10.5%) 0.00 263
2018-05-01 $224,450 (4.4%) $261,413 (4.3%) 0.00 273
2018-06-01 $219,893 (0.7%) $257,376 (2.1%) 0.00 274
2018-07-01 $228,225 (6.5%) $249,303 (-0.3%) 0.00 276
2018-08-01 $221,600 (4.6%) $245,236 (-2.1%) 0.00 291
2018-09-01 $221,886 (4.6%) $250,566 (-0.4%) 0.00 283
2018-10-01 $229,950 (7.7%) $254,382 (-0.7%) 0.00 266
2018-11-01 $234,900 (2.2%) $255,857 (-8.5%) 0.00 273
2018-12-01 $239,400 (4.1%) $269,609 (-4.4%) 0.00 255
2019-01-01 $237,450 (3.3%) $267,231 (-3.9%) 0.00 241
2019-02-01 $232,175 (4.5%) $267,568 (-0.8%) 0.00 234
2019-03-01 $240,421 (7.5%) $299,211 (11.2%) 0.00 232
2019-04-01 $245,024 (5.4%) $304,800 (15.3%) 0.00 232
2019-05-01 $242,450 (8.0%) $279,800 (7.0%) 0.00 251
2019-06-01 $244,999 (11.4%) $288,229 (12.0%) 0.00 280
2019-07-01 $248,686 (9.0%) $291,441 (16.9%) 0.00 284
2019-08-01 $243,791 (10.0%) $291,343 (18.8%) 0.00 298
2019-09-01 $234,627 (5.7%) $288,340 (15.1%) 0.00 314
2019-10-01 $226,844 (-1.4%) $285,186 (12.1%) 0.00 324
2019-11-01 $225,000 (-4.2%) $291,886 (14.1%) 0.00 302
2019-12-01 $221,500 (-7.5%) $288,019 (6.8%) 0.00 294
2020-01-01 $220,450 (-7.2%) $275,551 (3.1%) 0.00 286
2020-02-01 $224,900 (-3.1%) $286,072 (6.9%) 0.00 278
2020-03-01 $227,450 (-5.4%) $294,703 (-1.5%) 0.00 262
2020-04-01 $229,900 (-6.2%) $294,717 (-3.3%) 0.00 258
2020-05-01 $242,900 (0.2%) $310,224 (10.9%) 0.00 236
2020-06-01 $253,500 (3.5%) $321,564 (11.6%) 0.00 232
2020-07-01 $265,700 (6.8%) $327,838 (12.5%) 0.00 240
2020-08-01 $271,400 (11.3%) $342,853 (17.7%) 0.00 226
2020-09-01 $274,550 (17.0%) $351,239 (21.8%) 0.00 219
2020-10-01 $265,700 (17.1%) $338,371 (18.7%) 0.00 229
2020-11-01 $268,921 (19.5%) $333,205 (14.2%) 0.00 231
2020-12-01 $261,200 (17.9%) $330,615 (14.8%) 0.00 225
2021-01-01 $271,150 (23.0%) $333,358 (21.0%) 0.00 197
2021-02-01 $271,425 (20.7%) $338,952 (18.5%) 0.00 159
2021-03-01 $277,400 (22.0%) $342,735 (16.3%) 0.00 142
2021-04-01 $277,446 (20.7%) $348,413 (18.2%) 0.00 130
2021-05-01 $284,900 (17.3%) $369,998 (19.3%) 0.00 123
2021-06-01 $285,000 (12.4%) $343,983 (7.0%) 0.00 131
2021-07-01 $256,900 (-3.3%) $336,637 (2.7%) 0.00 140
2021-08-01 $271,675 (0.1%) $329,165 (-4.0%) 0.00 168
2021-09-01 $269,750 (-1.8%) $337,868 (-3.8%) 0.00 176
2021-10-01 $279,700 (5.3%) $347,726 (2.8%) 0.00 188
2021-11-01 $284,575 (5.8%) $345,054 (3.6%) 0.00 186
2021-12-01 $278,125 (6.5%) $337,505 (2.1%) 0.00 167
2022-01-01 $269,900 (-0.5%) $334,819 (0.4%) 0.00 160
2022-02-01 $284,500 (4.8%) $354,022 (4.5%) 0.00 156
2022-03-01 $302,400 (9.0%) $360,711 (5.3%) 0.00 151
2022-04-01 $299,900 (8.1%) $370,652 (6.4%) 0.00 130
2022-05-01 $294,900 (3.5%) $393,407 (6.3%) 0.00 141
2022-06-01 $299,600 (5.1%) $380,006 (10.5%) 0.00 149
2022-07-01 $294,750 (14.7%) $376,197 (11.8%) 0.00 184
2022-08-01 $286,125 (5.3%) $371,350 (12.8%) 0.00 202
2022-09-01 $276,125 (2.4%) $367,038 (8.6%) 0.00 211
2022-10-01 $250,000 (-10.6%) $358,241 (3.0%) 0.00 212
2022-11-01 $249,675 (-12.3%) $345,156 (0.0%) 0.00 210
Victoria's median listing price for 2022-11-01 was $249,675, a difference of $-34,900 (-12.3%) versus the prior year and $-325 versus the prior month.

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

Victoria's average listing price for 2022-11-01 was $345,156, a difference of $102 (0.0%) versus the prior year and $-13,085 versus the prior month.

For the 2022-11-01 period, Victoria had 210 MLS listings, a difference of -2 listings (-1%) versus the prior month and 24 listings (13%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Victoria (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,085 sqft
2018-02-01 0 days 2,031 sqft
2018-03-01 0 days 2,069 sqft
2018-04-01 0 days 2,087 sqft
2018-05-01 0 days 2,025 sqft
2018-06-01 0 days 2,037 sqft
2018-07-01 0 days 2,043 sqft
2018-08-01 0 days 2,030 sqft
2018-09-01 0 days 2,011 sqft
2018-10-01 0 days 2,044 sqft
2018-11-01 0 days 2,034 sqft
2018-12-01 0 days 2,049 sqft
2019-01-01 0 days 2,014 sqft
2019-02-01 0 days 2,020 sqft
2019-03-01 0 days 2,055 sqft
2019-04-01 0 days 2,066 sqft
2019-05-01 0 days 2,093 sqft
2019-06-01 0 days 2,088 sqft
2019-07-01 0 days 2,076 sqft
2019-08-01 0 days 2,037 sqft
2019-09-01 0 days 1,981 sqft
2019-10-01 0 days 1,944 sqft
2019-11-01 0 days 1,946 sqft
2019-12-01 0 days 1,931 sqft
2020-01-01 0 days 1,903 sqft
2020-02-01 0 days 1,906 sqft
2020-03-01 0 days 1,868 sqft
2020-04-01 0 days 1,900 sqft
2020-05-01 0 days 2,009 sqft
2020-06-01 0 days 2,026 sqft
2020-07-01 0 days 2,068 sqft
2020-08-01 0 days 2,102 sqft
2020-09-01 0 days 2,137 sqft
2020-10-01 0 days 2,131 sqft
2020-11-01 0 days 2,057 sqft
2020-12-01 0 days 2,036 sqft
2021-01-01 0 days 2,042 sqft
2021-02-01 0 days 2,031 sqft
2021-03-01 0 days 2,041 sqft
2021-04-01 0 days 2,021 sqft
2021-05-01 0 days 2,020 sqft
2021-06-01 0 days 2,004 sqft
2021-07-01 0 days 1,916 sqft
2021-08-01 0 days 1,924 sqft
2021-09-01 0 days 1,881 sqft
2021-10-01 0 days 1,882 sqft
2021-11-01 0 days 1,871 sqft
2021-12-01 0 days 1,842 sqft
2022-01-01 0 days 1,874 sqft
2022-02-01 0 days 1,899 sqft
2022-03-01 0 days 1,894 sqft
2022-04-01 0 days 1,972 sqft
2022-05-01 0 days 1,960 sqft
2022-06-01 0 days 1,911 sqft
2022-07-01 0 days 1,894 sqft
2022-08-01 0 days 1,871 sqft
2022-09-01 0 days 1,818 sqft
2022-10-01 0 days 1,814 sqft
2022-11-01 0 days 1,792 sqft
Victoria's median listing age (time on market) for 2022-11-01 was 0 days.

Victoria's median square footage for active listings during the 2022-11-01 period was 1,792 sqft. One year prior, the average listing was 1,871 sqft.