Walla Walla USDA Loan Rates, Closing Costs & Stats

WALLA WALLA, WA

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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.

    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 -0.03% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

    Walla Walla's average USDA mortgage closing costs are $6,221.

    The average rate for the prior week (2024-11-08) was 6.33% and one month ago for the week of 2024-10-11, the average rate was 6.09%.

    The average rate one year ago was 7.22%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0%.

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

    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
    2024-04-01 $506,750 (-14.1%) $605,441 (-7.9%) 0.00 124
    2024-05-01 $492,450 (-11.7%) $613,667 (-3.9%) 0.00 145
    2024-06-01 $507,500 (-6.1%) $617,172 (-4.0%) 0.00 160
    2024-07-01 $499,000 (-9.3%) $592,741 (-7.9%) 0.00 178
    2024-08-01 $509,500 (-5.9%) $598,068 (-6.3%) 0.00 165
    2024-09-01 $487,000 (-13.4%) $600,028 (-6.2%) 0.00 145
    2024-10-01 $514,750 (-1.0%) $626,491 (4.6%) 0.00 144
    Walla Walla's median listing price for 2024-10-01 was $514,750, a difference of $-5,250 (-1.0%) versus the prior year and $27,750 versus the prior month.

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

    Walla Walla's average listing price for 2024-10-01 was $626,491, a difference of $27,530 (4.6%) versus the prior year and $26,463 versus the prior month.

    For the 2024-10-01 period, Walla Walla had 144 MLS listings, a difference of -1 listings (-1%) versus the prior month and 15 listings (12%) 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
    2024-04-01 0 days 2,284 sqft
    2024-05-01 0 days 2,275 sqft
    2024-06-01 0 days 2,156 sqft
    2024-07-01 0 days 2,158 sqft
    2024-08-01 0 days 2,164 sqft
    2024-09-01 0 days 2,098 sqft
    2024-10-01 0 days 2,136 sqft
    Walla Walla's median listing age (time on market) for 2024-10-01 was 0 days.

    Walla Walla's median square footage for active listings during the 2024-10-01 period was 2,136 sqft. One year prior, the average listing was 2,203 sqft.