Yakima USDA Loan Rates, Closing Costs & Stats
YAKIMA, 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.
Yakima's 4 lenders originated 4 USDA loans during 2023. The total origination value was $1,400,000, with an average USDA loan value of $350,000.
Yakima USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Yakima
averaged
6.74%
for the week of 2024-11-08, compared to the national average (all USDA variants) of
6.477% for the same period.
Yakima's average USDA mortgage closing costs are $6,686.
The average rate for the prior week (2024-11-01) was
6.42% and
one month ago for the week of 2024-10-04, the
average rate was 6.24%.
The average rate one year ago was 7.38%.
For refis of the same type during the week of 2024-11-08, the average rate
was 6.35%.
Yakima 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 Yakima level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| AMERICAN FINANCIAL NETWORK, INC. | 1 | 6.00% | $19,257 |
| Loan Simple, Inc. | 1 | 6.25% | $16,564 |
| Umpqua Bank | 1 | 4.38% | $9,896 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 6.25% | $11,735 |
The top Yakima USDA lender as defined by loan originations is AMERICAN FINANCIAL NETWORK, INC., with
1 USDA loans originated. Their average total fees are
$19,257, which is $2,692
higher than the next largest lender,
Loan Simple, Inc..
The lowest fee Yakima USDA lenders (with over 10 loans originated) are
.
The lowest rate Yakima USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Yakima (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 | $257,300 (6.3%) | $323,394 (10.8%) | 0.95 | 312 |
| 2018-02-01 | $270,798 (12.9%) | $349,371 (19.2%) | 0.98 | 286 |
| 2018-03-01 | $289,500 (23.2%) | $369,237 (29.3%) | 1.02 | 275 |
| 2018-04-01 | $298,975 (30.1%) | $379,533 (32.8%) | 1.01 | 291 |
| 2018-05-01 | $291,451 (17.4%) | $366,815 (26.4%) | 0.97 | 312 |
| 2018-06-01 | $290,000 (17.8%) | $369,889 (25.7%) | 0.97 | 333 |
| 2018-07-01 | $287,475 (15.9%) | $365,676 (24.3%) | 0.96 | 353 |
| 2018-08-01 | $289,500 (18.2%) | $374,271 (26.4%) | 0.97 | 353 |
| 2018-09-01 | $295,000 (18.0%) | $364,647 (19.0%) | 0.99 | 375 |
| 2018-10-01 | $283,221 (13.3%) | $355,046 (16.2%) | 0.96 | 387 |
| 2018-11-01 | $290,959 (16.4%) | $365,461 (18.6%) | 0.99 | 364 |
| 2018-12-01 | $299,950 (15.8%) | $364,494 (16.4%) | 1.03 | 335 |
| 2019-01-01 | $289,900 (12.7%) | $357,344 (10.5%) | 1.00 | 305 |
| 2019-02-01 | $298,450 (10.2%) | $366,937 (5.0%) | 1.01 | 296 |
| 2019-03-01 | $319,979 (10.5%) | $377,020 (2.1%) | 1.05 | 292 |
| 2019-04-01 | $329,979 (10.4%) | $379,570 (0.0%) | 1.05 | 294 |
| 2019-05-01 | $324,800 (11.4%) | $369,742 (0.8%) | 1.02 | 308 |
| 2019-06-01 | $335,000 (15.5%) | $377,539 (2.1%) | 1.05 | 346 |
| 2019-07-01 | $326,125 (13.4%) | $378,251 (3.4%) | 1.02 | 340 |
| 2019-08-01 | $318,564 (10.0%) | $372,652 (-0.4%) | 1.01 | 331 |
| 2019-09-01 | $316,559 (7.3%) | $364,032 (-0.2%) | 1.01 | 348 |
| 2019-10-01 | $317,723 (12.2%) | $360,869 (1.6%) | 1.03 | 350 |
| 2019-11-01 | $322,500 (10.8%) | $366,948 (0.4%) | 1.06 | 331 |
| 2019-12-01 | $319,950 (6.7%) | $363,134 (-0.4%) | 1.07 | 306 |
| 2020-01-01 | $303,700 (4.8%) | $363,781 (1.8%) | 1.01 | 269 |
| 2020-02-01 | $296,750 (-0.6%) | $363,870 (-0.8%) | 0.97 | 256 |
| 2020-03-01 | $334,925 (4.7%) | $394,527 (4.6%) | 1.05 | 246 |
| 2020-04-01 | $338,750 (2.7%) | $384,581 (1.3%) | 1.06 | 244 |
| 2020-05-01 | $345,000 (6.2%) | $390,166 (5.5%) | 1.05 | 228 |
| 2020-06-01 | $360,000 (7.5%) | $400,171 (6.0%) | 1.06 | 223 |
| 2020-07-01 | $386,125 (18.4%) | $421,393 (11.4%) | 1.12 | 194 |
| 2020-08-01 | $385,000 (20.9%) | $413,073 (10.9%) | 1.10 | 167 |
| 2020-09-01 | $375,000 (18.5%) | $416,813 (14.5%) | 1.07 | 184 |
| 2020-10-01 | $342,000 (7.6%) | $411,988 (14.2%) | 0.98 | 199 |
| 2020-11-01 | $349,000 (8.2%) | $433,834 (18.2%) | 1.02 | 186 |
| 2020-12-01 | $342,560 (7.1%) | $425,599 (17.2%) | 1.02 | 170 |
| 2021-01-01 | $349,000 (14.9%) | $421,451 (15.9%) | 1.04 | 155 |
| 2021-02-01 | $335,000 (12.9%) | $405,155 (11.4%) | 0.98 | 136 |
| 2021-03-01 | $346,500 (3.5%) | $425,235 (7.8%) | 0.98 | 133 |
| 2021-04-01 | $347,250 (2.5%) | $404,975 (5.3%) | 0.94 | 134 |
| 2021-05-01 | $337,500 (-2.2%) | $395,090 (1.3%) | 0.90 | 150 |
| 2021-06-01 | $330,000 (-8.3%) | $386,061 (-3.5%) | 0.87 | 175 |
| 2021-07-01 | $355,000 (-8.1%) | $414,220 (-1.7%) | 0.94 | 202 |
| 2021-08-01 | $349,962 (-9.1%) | $413,190 (0.0%) | 0.93 | 220 |
| 2021-09-01 | $369,425 (-1.5%) | $412,712 (-1.0%) | 0.99 | 253 |
| 2021-10-01 | $369,000 (7.9%) | $411,716 (-0.1%) | 0.98 | 243 |
| 2021-11-01 | $381,675 (9.4%) | $423,640 (-2.4%) | 1.02 | 242 |
| 2021-12-01 | $386,187 (12.7%) | $433,491 (1.9%) | 1.05 | 220 |
| 2022-01-01 | $386,449 (10.7%) | $426,043 (1.1%) | 1.04 | 174 |
| 2022-02-01 | $401,938 (20.0%) | $462,517 (14.2%) | 1.05 | 157 |
| 2022-03-01 | $392,838 (13.4%) | $472,314 (11.1%) | 0.98 | 152 |
| 2022-04-01 | $425,000 (22.4%) | $498,386 (23.1%) | 1.01 | 159 |
| 2022-05-01 | $430,000 (27.4%) | $483,203 (22.3%) | 0.98 | 193 |
| 2022-06-01 | $425,000 (28.8%) | $499,719 (29.4%) | 0.95 | 216 |
| 2022-07-01 | $429,950 (21.1%) | $487,904 (17.8%) | 0.97 | 281 |
| 2022-08-01 | $414,475 (18.4%) | $472,701 (14.4%) | 0.96 | 313 |
| 2022-09-01 | $398,950 (8.0%) | $464,185 (12.5%) | 0.93 | 319 |
| 2022-10-01 | $393,850 (6.7%) | $448,760 (9.0%) | 0.93 | 307 |
| 2022-11-01 | $387,000 (1.4%) | $438,210 (3.4%) | 0.93 | 321 |
| 2022-12-01 | $384,500 (-0.4%) | $433,182 (-0.1%) | 0.95 | 275 |
| 2023-01-01 | $370,000 (-4.3%) | $429,103 (0.7%) | 0.92 | 237 |
| 2023-02-01 | $379,725 (-5.5%) | $433,252 (-6.3%) | 0.92 | 235 |
| 2023-03-01 | $384,900 (-2.0%) | $487,135 (3.1%) | 0.91 | 214 |
| 2023-04-01 | $399,000 (-6.1%) | $505,787 (1.5%) | 0.93 | 223 |
| 2023-05-01 | $415,000 (-3.5%) | $510,011 (5.6%) | 0.94 | 235 |
| 2023-06-01 | $406,600 (-4.3%) | $505,896 (1.2%) | 0.91 | 252 |
| 2023-07-01 | $408,950 (-4.9%) | $515,666 (5.7%) | 0.93 | 267 |
| 2023-08-01 | $425,000 (2.5%) | $523,630 (10.8%) | 0.98 | 276 |
| 2023-09-01 | $429,900 (7.8%) | $522,680 (12.6%) | 1.00 | 317 |
| 2023-10-01 | $427,900 (8.7%) | $503,521 (12.2%) | 1.01 | 352 |
| 2023-11-01 | $417,250 (7.8%) | $503,273 (14.9%) | 0.99 | 339 |
| 2023-12-01 | $415,000 (7.9%) | $494,709 (14.2%) | 1.01 | 322 |
| 2024-01-01 | $414,950 (12.2%) | $485,674 (13.2%) | 1.01 | 302 |
| 2024-02-01 | $409,725 (7.9%) | $474,843 (9.6%) | 0.99 | 270 |
| 2024-03-01 | $415,000 (7.8%) | $465,180 (-4.5%) | 0.98 | 275 |
| 2024-04-01 | $417,500 (4.6%) | $465,485 (-8.0%) | 0.97 | 300 |
| 2024-05-01 | $424,750 (2.4%) | $472,513 (-7.4%) | 0.96 | 313 |
| 2024-06-01 | $434,000 (6.7%) | $489,322 (-3.3%) | 0.98 | 328 |
| 2024-07-01 | $425,725 (4.1%) | $490,918 (-4.8%) | 0.97 | 342 |
| 2024-08-01 | $430,995 (1.4%) | $496,166 (-5.2%) | 1.00 | 368 |
| 2024-09-01 | $433,874 (0.9%) | $493,248 (-5.6%) | 1.02 | 382 |
| 2024-10-01 | $431,000 (0.7%) | $493,917 (-1.9%) | 1.01 | 392 |
Yakima's median listing price comes in at 101% of the national average.
Yakima's average listing price for 2024-10-01 was $493,917, a difference of $-9,604 (-1.9%) versus the prior year and $669 versus the prior month.
For the 2024-10-01 period, Yakima had 392 MLS listings, a difference of 10 listings (3%) versus the prior month and 40 listings (11%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Yakima (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 85 days | 1,981 sqft |
| 2018-02-01 | 75 days | 1,982 sqft |
| 2018-03-01 | 45 days | 2,009 sqft |
| 2018-04-01 | 45 days | 2,027 sqft |
| 2018-05-01 | 40 days | 1,965 sqft |
| 2018-06-01 | 41 days | 1,983 sqft |
| 2018-07-01 | 48 days | 1,950 sqft |
| 2018-08-01 | 51 days | 1,975 sqft |
| 2018-09-01 | 46 days | 1,983 sqft |
| 2018-10-01 | 47 days | 1,915 sqft |
| 2018-11-01 | 58 days | 1,985 sqft |
| 2018-12-01 | 78 days | 1,999 sqft |
| 2019-01-01 | 76 days | 1,946 sqft |
| 2019-02-01 | 66 days | 1,990 sqft |
| 2019-03-01 | 55 days | 2,009 sqft |
| 2019-04-01 | 47 days | 2,032 sqft |
| 2019-05-01 | 39 days | 1,988 sqft |
| 2019-06-01 | 40 days | 2,052 sqft |
| 2019-07-01 | 44 days | 2,017 sqft |
| 2019-08-01 | 50 days | 1,985 sqft |
| 2019-09-01 | 48 days | 1,938 sqft |
| 2019-10-01 | 48 days | 1,920 sqft |
| 2019-11-01 | 53 days | 1,986 sqft |
| 2019-12-01 | 59 days | 2,039 sqft |
| 2020-01-01 | 73 days | 1,970 sqft |
| 2020-02-01 | 57 days | 1,961 sqft |
| 2020-03-01 | 45 days | 2,052 sqft |
| 2020-04-01 | 48 days | 2,091 sqft |
| 2020-05-01 | 51 days | 2,064 sqft |
| 2020-06-01 | 45 days | 2,112 sqft |
| 2020-07-01 | 41 days | 2,056 sqft |
| 2020-08-01 | 39 days | 2,116 sqft |
| 2020-09-01 | 28 days | 2,052 sqft |
| 2020-10-01 | 30 days | 1,915 sqft |
| 2020-11-01 | 43 days | 1,905 sqft |
| 2020-12-01 | 47 days | 1,927 sqft |
| 2021-01-01 | 55 days | 1,853 sqft |
| 2021-02-01 | 32 days | 1,820 sqft |
| 2021-03-01 | 24 days | 1,769 sqft |
| 2021-04-01 | 24 days | 1,821 sqft |
| 2021-05-01 | 21 days | 1,770 sqft |
| 2021-06-01 | 24 days | 1,747 sqft |
| 2021-07-01 | 22 days | 1,761 sqft |
| 2021-08-01 | 23 days | 1,756 sqft |
| 2021-09-01 | 29 days | 1,790 sqft |
| 2021-10-01 | 36 days | 1,800 sqft |
| 2021-11-01 | 35 days | 1,834 sqft |
| 2021-12-01 | 45 days | 1,780 sqft |
| 2022-01-01 | 53 days | 1,697 sqft |
| 2022-02-01 | 61 days | 1,792 sqft |
| 2022-03-01 | 39 days | 1,794 sqft |
| 2022-04-01 | 31 days | 1,924 sqft |
| 2022-05-01 | 25 days | 1,975 sqft |
| 2022-06-01 | 27 days | 2,057 sqft |
| 2022-07-01 | 32 days | 2,014 sqft |
| 2022-08-01 | 39 days | 2,014 sqft |
| 2022-09-01 | 41 days | 1,986 sqft |
| 2022-10-01 | 51 days | 1,952 sqft |
| 2022-11-01 | 50 days | 1,941 sqft |
| 2022-12-01 | 66 days | 1,919 sqft |
| 2023-01-01 | 75 days | 1,940 sqft |
| 2023-02-01 | 61 days | 1,900 sqft |
| 2023-03-01 | 45 days | 1,846 sqft |
| 2023-04-01 | 43 days | 1,881 sqft |
| 2023-05-01 | 40 days | 1,907 sqft |
| 2023-06-01 | 42 days | 1,891 sqft |
| 2023-07-01 | 44 days | 1,897 sqft |
| 2023-08-01 | 41 days | 1,934 sqft |
| 2023-09-01 | 38 days | 1,941 sqft |
| 2023-10-01 | 45 days | 1,902 sqft |
| 2023-11-01 | 51 days | 1,881 sqft |
| 2023-12-01 | 65 days | 1,883 sqft |
| 2024-01-01 | 72 days | 1,861 sqft |
| 2024-02-01 | 81 days | 1,777 sqft |
| 2024-03-01 | 63 days | 1,789 sqft |
| 2024-04-01 | 45 days | 1,857 sqft |
| 2024-05-01 | 44 days | 1,887 sqft |
| 2024-06-01 | 45 days | 1,921 sqft |
| 2024-07-01 | 47 days | 1,901 sqft |
| 2024-08-01 | 49 days | 1,963 sqft |
| 2024-09-01 | 47 days | 1,923 sqft |
| 2024-10-01 | 45 days | 1,956 sqft |
Yakima's median square footage for active listings during the 2024-10-01 period was 1,956 sqft. One year prior, the average listing was 1,902 sqft.