Walla Walla USDA Loan Rates, Closing Costs & Stats
WALLA WALLA, WA
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.
Walla Walla's 3 lenders originated 5 USDA loans during 2023. The total origination value was $1,185,000, with an average USDA loan value of $237,000.
Walla Walla USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Walla Walla
averaged
6.94%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Walla Walla's average USDA mortgage closing costs are $6,221.
The average rate for the prior week (2024-04-12) was
6.89% and
one month ago for the week of 2024-03-15, the
average rate was 6.57%.
The average rate one year ago was 6.31%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.96%.
Walla Walla 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 Walla Walla level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| NEWREZ LLC | 2 | 5.19% | $13,182 |
| PREMIER MORTGAGE RESOURCES, L.L.C. | 2 | 6.43% | $8,987 |
| CHURCHILL MORTGAGE CORPORATION | 1 | 6.38% | $8,099 |
The top Walla Walla USDA lender as defined by loan originations is NEWREZ LLC, with
2 USDA loans originated. Their average total fees are
$13,182, which is $4,195
higher than the next largest lender,
PREMIER MORTGAGE RESOURCES, L.L.C..
The lowest fee Walla Walla USDA lenders (with over 10 loans originated) are
.
The lowest rate Walla Walla USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Walla Walla (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 | $284,950 (14.0%) | $354,076 (8.4%) | 0.00 | 141 |
| 2018-02-01 | $319,000 (30.5%) | $374,847 (16.2%) | 0.00 | 139 |
| 2018-03-01 | $325,000 (32.2%) | $372,408 (11.0%) | 0.00 | 147 |
| 2018-04-01 | $322,000 (19.3%) | $388,928 (11.8%) | 0.00 | 153 |
| 2018-05-01 | $336,863 (22.5%) | $405,160 (13.7%) | 0.00 | 143 |
| 2018-06-01 | $340,475 (18.2%) | $420,260 (17.3%) | 0.00 | 140 |
| 2018-07-01 | $336,975 (22.8%) | $426,264 (19.4%) | 0.00 | 147 |
| 2018-08-01 | $335,975 (23.7%) | $417,638 (14.9%) | 0.00 | 167 |
| 2018-09-01 | $335,000 (19.2%) | $406,670 (13.0%) | 0.00 | 178 |
| 2018-10-01 | $334,995 (16.2%) | $390,148 (7.3%) | 0.00 | 184 |
| 2018-11-01 | $332,470 (23.4%) | $377,311 (7.0%) | 0.00 | 177 |
| 2018-12-01 | $330,000 (26.6%) | $381,524 (11.3%) | 0.00 | 160 |
| 2019-01-01 | $334,980 (17.6%) | $376,542 (6.3%) | 0.00 | 159 |
| 2019-02-01 | $340,950 (6.9%) | $392,873 (4.8%) | 0.00 | 142 |
| 2019-03-01 | $360,686 (11.0%) | $404,723 (8.7%) | 0.00 | 135 |
| 2019-04-01 | $367,961 (14.3%) | $408,316 (5.0%) | 0.00 | 137 |
| 2019-05-01 | $379,950 (12.8%) | $434,235 (7.2%) | 0.00 | 159 |
| 2019-06-01 | $385,000 (13.1%) | $432,943 (3.0%) | 0.00 | 161 |
| 2019-07-01 | $392,425 (16.5%) | $457,689 (7.4%) | 0.00 | 173 |
| 2019-08-01 | $382,850 (14.0%) | $442,645 (6.0%) | 0.00 | 175 |
| 2019-09-01 | $373,063 (11.4%) | $421,801 (3.7%) | 0.00 | 177 |
| 2019-10-01 | $373,763 (11.6%) | $413,663 (6.0%) | 0.00 | 179 |
| 2019-11-01 | $379,900 (14.3%) | $418,630 (11.0%) | 0.00 | 169 |
| 2019-12-01 | $396,500 (20.2%) | $452,476 (18.6%) | 0.00 | 130 |
| 2020-01-01 | $397,250 (18.6%) | $450,708 (19.7%) | 0.00 | 111 |
| 2020-02-01 | $382,450 (12.2%) | $433,012 (10.2%) | 0.00 | 110 |
| 2020-03-01 | $420,000 (16.4%) | $445,037 (10.0%) | 0.00 | 106 |
| 2020-04-01 | $396,950 (7.9%) | $431,752 (5.7%) | 0.00 | 106 |
| 2020-05-01 | $409,500 (7.8%) | $432,908 (-0.3%) | 0.00 | 112 |
| 2020-06-01 | $427,748 (11.1%) | $452,695 (4.6%) | 0.00 | 99 |
| 2020-07-01 | $432,493 (10.2%) | $511,614 (11.8%) | 0.00 | 100 |
| 2020-08-01 | $449,990 (17.5%) | $543,315 (22.7%) | 0.00 | 94 |
| 2020-09-01 | $419,225 (12.4%) | $535,205 (26.9%) | 0.00 | 87 |
| 2020-10-01 | $395,000 (5.7%) | $504,531 (22.0%) | 0.00 | 70 |
| 2020-11-01 | $399,300 (5.1%) | $596,320 (42.5%) | 0.00 | 59 |
| 2020-12-01 | $416,945 (5.2%) | $599,310 (32.5%) | 0.00 | 53 |
| 2021-01-01 | $426,995 (7.5%) | $572,222 (27.0%) | 0.00 | 44 |
| 2021-02-01 | $454,725 (18.9%) | $639,945 (47.8%) | 0.00 | 40 |
| 2021-03-01 | $449,675 (7.1%) | $636,590 (43.0%) | 0.00 | 36 |
| 2021-04-01 | $445,750 (12.3%) | $620,992 (43.8%) | 0.00 | 46 |
| 2021-05-01 | $422,000 (3.1%) | $698,343 (61.3%) | 0.00 | 13 |
| 2021-06-01 | $443,750 (3.7%) | $631,179 (39.4%) | 0.00 | 23 |
| 2021-07-01 | $449,000 (3.8%) | $624,627 (22.1%) | 0.00 | 35 |
| 2021-08-01 | $439,250 (-2.4%) | $643,406 (18.4%) | 0.00 | 41 |
| 2021-09-01 | $459,500 (9.6%) | $642,510 (20.1%) | 0.00 | 52 |
| 2021-10-01 | $449,998 (13.9%) | $677,860 (34.4%) | 0.00 | 62 |
| 2021-11-01 | $433,750 (8.6%) | $709,484 (19.0%) | 0.00 | 48 |
| 2021-12-01 | $483,375 (15.9%) | $750,412 (25.2%) | 0.00 | 44 |
| 2022-01-01 | $499,000 (16.9%) | $803,904 (40.5%) | 0.00 | 39 |
| 2022-02-01 | $469,500 (3.3%) | $776,381 (21.3%) | 0.00 | 38 |
| 2022-03-01 | $583,450 (29.8%) | $801,963 (26.0%) | 0.00 | 35 |
| 2022-04-01 | $525,000 (17.8%) | $742,340 (19.5%) | 0.00 | 44 |
| 2022-05-01 | $570,000 (35.1%) | $710,521 (1.7%) | 0.00 | 63 |
| 2022-06-01 | $593,000 (33.6%) | $684,954 (8.5%) | 0.00 | 80 |
| 2022-07-01 | $525,000 (16.9%) | $662,815 (6.1%) | 0.00 | 91 |
| 2022-08-01 | $549,450 (25.1%) | $687,091 (6.8%) | 0.00 | 90 |
| 2022-09-01 | $544,000 (18.4%) | $684,194 (6.5%) | 0.00 | 91 |
| 2022-10-01 | $549,000 (22.0%) | $668,081 (-1.4%) | 0.00 | 101 |
| 2022-11-01 | $478,000 (10.2%) | $597,433 (-15.8%) | 0.00 | 108 |
| 2022-12-01 | $481,000 (-0.5%) | $595,071 (-20.7%) | 0.00 | 98 |
| 2023-01-01 | $502,000 (0.6%) | $626,034 (-22.1%) | 0.00 | 80 |
| 2023-02-01 | $499,000 (6.3%) | $618,690 (-20.3%) | 0.00 | 71 |
| 2023-03-01 | $505,500 (-13.4%) | $625,767 (-22.0%) | 0.00 | 76 |
| 2023-04-01 | $589,950 (12.4%) | $657,609 (-11.4%) | 0.00 | 67 |
| 2023-05-01 | $557,450 (-2.2%) | $638,427 (-10.2%) | 0.00 | 94 |
| 2023-06-01 | $540,725 (-8.8%) | $642,776 (-6.2%) | 0.00 | 89 |
| 2023-07-01 | $550,000 (4.8%) | $643,506 (-2.9%) | 0.00 | 91 |
| 2023-08-01 | $541,250 (-1.5%) | $638,172 (-7.1%) | 0.00 | 104 |
| 2023-09-01 | $562,450 (3.4%) | $639,477 (-6.5%) | 0.00 | 110 |
| 2023-10-01 | $520,000 (-5.3%) | $598,961 (-10.4%) | 0.00 | 129 |
| 2023-11-01 | $506,000 (5.9%) | $585,597 (-2.0%) | 0.00 | 130 |
| 2023-12-01 | $485,000 (0.8%) | $548,772 (-7.8%) | 0.00 | 119 |
| 2024-01-01 | $453,250 (-9.7%) | $536,730 (-14.3%) | 0.00 | 104 |
| 2024-02-01 | $484,450 (-2.9%) | $557,843 (-9.8%) | 0.00 | 111 |
| 2024-03-01 | $510,000 (0.9%) | $599,847 (-4.1%) | 0.00 | 106 |
Walla Walla's median listing price comes in at 0% of the national average.
Walla Walla's average listing price for 2024-03-01 was $599,847, a difference of $-25,920 (-4.1%) versus the prior year and $42,004 versus the prior month.
For the 2024-03-01 period, Walla Walla had 106 MLS listings, a difference of -5 listings (-5%) versus the prior month and 30 listings (39%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Walla Walla (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,042 sqft |
| 2018-02-01 | 0 days | 2,102 sqft |
| 2018-03-01 | 0 days | 2,180 sqft |
| 2018-04-01 | 0 days | 2,191 sqft |
| 2018-05-01 | 0 days | 2,249 sqft |
| 2018-06-01 | 0 days | 2,254 sqft |
| 2018-07-01 | 0 days | 2,210 sqft |
| 2018-08-01 | 0 days | 2,205 sqft |
| 2018-09-01 | 0 days | 2,187 sqft |
| 2018-10-01 | 0 days | 2,151 sqft |
| 2018-11-01 | 0 days | 2,164 sqft |
| 2018-12-01 | 0 days | 2,185 sqft |
| 2019-01-01 | 0 days | 2,160 sqft |
| 2019-02-01 | 0 days | 2,173 sqft |
| 2019-03-01 | 0 days | 2,271 sqft |
| 2019-04-01 | 0 days | 2,345 sqft |
| 2019-05-01 | 0 days | 2,368 sqft |
| 2019-06-01 | 0 days | 2,396 sqft |
| 2019-07-01 | 0 days | 2,505 sqft |
| 2019-08-01 | 0 days | 2,432 sqft |
| 2019-09-01 | 0 days | 2,327 sqft |
| 2019-10-01 | 0 days | 2,263 sqft |
| 2019-11-01 | 0 days | 2,327 sqft |
| 2019-12-01 | 0 days | 2,373 sqft |
| 2020-01-01 | 0 days | 2,399 sqft |
| 2020-02-01 | 0 days | 2,376 sqft |
| 2020-03-01 | 0 days | 2,359 sqft |
| 2020-04-01 | 0 days | 2,311 sqft |
| 2020-05-01 | 0 days | 2,290 sqft |
| 2020-06-01 | 0 days | 2,392 sqft |
| 2020-07-01 | 0 days | 2,492 sqft |
| 2020-08-01 | 0 days | 2,442 sqft |
| 2020-09-01 | 0 days | 2,443 sqft |
| 2020-10-01 | 0 days | 2,164 sqft |
| 2020-11-01 | 0 days | 2,236 sqft |
| 2020-12-01 | 0 days | 2,209 sqft |
| 2021-01-01 | 0 days | 2,308 sqft |
| 2021-02-01 | 0 days | 2,568 sqft |
| 2021-03-01 | 0 days | 2,463 sqft |
| 2021-04-01 | 0 days | 2,444 sqft |
| 2021-05-01 | 0 days | 2,439 sqft |
| 2021-06-01 | 0 days | 2,470 sqft |
| 2021-07-01 | 0 days | 2,180 sqft |
| 2021-08-01 | 0 days | 2,182 sqft |
| 2021-09-01 | 0 days | 2,222 sqft |
| 2021-10-01 | 0 days | 2,220 sqft |
| 2021-11-01 | 0 days | 2,252 sqft |
| 2021-12-01 | 0 days | 2,283 sqft |
| 2022-01-01 | 0 days | 2,228 sqft |
| 2022-02-01 | 0 days | 2,269 sqft |
| 2022-03-01 | 0 days | 2,297 sqft |
| 2022-04-01 | 0 days | 2,198 sqft |
| 2022-05-01 | 0 days | 2,192 sqft |
| 2022-06-01 | 0 days | 2,249 sqft |
| 2022-07-01 | 0 days | 2,140 sqft |
| 2022-08-01 | 0 days | 2,212 sqft |
| 2022-09-01 | 0 days | 2,280 sqft |
| 2022-10-01 | 0 days | 2,169 sqft |
| 2022-11-01 | 0 days | 2,045 sqft |
| 2022-12-01 | 0 days | 2,037 sqft |
| 2023-01-01 | 0 days | 2,029 sqft |
| 2023-02-01 | 0 days | 2,061 sqft |
| 2023-03-01 | 0 days | 2,082 sqft |
| 2023-04-01 | 0 days | 2,206 sqft |
| 2023-05-01 | 0 days | 2,184 sqft |
| 2023-06-01 | 0 days | 2,256 sqft |
| 2023-07-01 | 0 days | 2,200 sqft |
| 2023-08-01 | 0 days | 2,230 sqft |
| 2023-09-01 | 0 days | 2,259 sqft |
| 2023-10-01 | 0 days | 2,203 sqft |
| 2023-11-01 | 0 days | 2,225 sqft |
| 2023-12-01 | 0 days | 2,205 sqft |
| 2024-01-01 | 0 days | 2,205 sqft |
| 2024-02-01 | 0 days | 2,221 sqft |
| 2024-03-01 | 0 days | 2,280 sqft |
Walla Walla's median square footage for active listings during the 2024-03-01 period was 2,280 sqft. One year prior, the average listing was 2,082 sqft.