Yuba City USDA Loan Rates, Closing Costs & Stats

YUBA CITY, 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.

Yuba City's 3 lenders originated 3 USDA loans during 2023. The total origination value was $1,035,000, with an average USDA loan value of $345,000.

Yuba City USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Yuba City averaged 5.68% for the week of 2024-10-11, compared to the national average (all USDA variants) of 6.08% for the same period.

Yuba City's average USDA mortgage closing costs are $8,099.

The average rate for the prior week (2024-10-04) was 5.68% and one month ago for the week of 2024-09-06, the average rate was 5.67%.

The average rate one year ago was 7.06%.

For refis of the same type during the week of 2024-10-11, the average rate was 5.97%.

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

Yuba City 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 Yuba City level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Commerce Home Mortgage, Inc. 1 7.13% $7,698
Paramount Residential Mortgage Group, Inc. 1 6.50% $7,547
Sierra Pacific Mortgage Company, Inc. 1 5.63% $9,969

The top Yuba City USDA lender as defined by loan originations is Commerce Home Mortgage, Inc., with 1 USDA loans originated. Their average total fees are $7,698, which is $151 higher than the next largest lender, Paramount Residential Mortgage Group, Inc..

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Yuba City (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 $299,900 (9.9%) $357,671 (6.7%) 1.11 328
2018-02-01 $305,011 (5.6%) $360,799 (6.5%) 1.11 320
2018-03-01 $318,000 (9.1%) $371,630 (10.1%) 1.12 307
2018-04-01 $332,500 (11.6%) $383,980 (9.4%) 1.13 325
2018-05-01 $329,450 (11.1%) $384,696 (7.4%) 1.10 364
2018-06-01 $328,850 (9.6%) $382,254 (6.5%) 1.10 390
2018-07-01 $320,963 (7.0%) $367,120 (2.3%) 1.07 443
2018-08-01 $317,475 (6.2%) $359,482 (1.0%) 1.06 490
2018-09-01 $319,900 (7.0%) $356,294 (2.0%) 1.08 498
2018-10-01 $312,500 (5.9%) $354,209 (2.7%) 1.06 499
2018-11-01 $306,450 (3.9%) $346,966 (0.0%) 1.04 462
2018-12-01 $300,000 (1.7%) $333,814 (-5.0%) 1.03 377
2019-01-01 $299,900 (0.0%) $338,154 (-5.5%) 1.04 315
2019-02-01 $312,450 (2.4%) $360,747 (0.0%) 1.06 316
2019-03-01 $322,740 (1.5%) $374,282 (0.7%) 1.06 305
2019-04-01 $328,218 (-1.3%) $376,842 (-1.9%) 1.04 316
2019-05-01 $327,175 (-0.7%) $386,288 (0.4%) 1.02 362
2019-06-01 $333,700 (1.5%) $379,663 (-0.7%) 1.04 386
2019-07-01 $335,000 (4.4%) $382,724 (4.3%) 1.05 419
2019-08-01 $330,545 (4.1%) $371,312 (3.3%) 1.05 423
2019-09-01 $329,113 (2.9%) $366,782 (2.9%) 1.05 420
2019-10-01 $331,634 (6.1%) $366,883 (3.6%) 1.07 397
2019-11-01 $339,000 (10.6%) $379,836 (9.5%) 1.11 384
2019-12-01 $329,950 (10.0%) $393,866 (18.0%) 1.10 316
2020-01-01 $333,250 (11.1%) $381,398 (12.8%) 1.11 284
2020-02-01 $349,999 (12.0%) $395,475 (9.6%) 1.15 287
2020-03-01 $359,975 (11.5%) $416,798 (11.4%) 1.13 300
2020-04-01 $360,000 (9.7%) $418,794 (11.1%) 1.13 299
2020-05-01 $389,475 (19.0%) $445,558 (15.3%) 1.18 250
2020-06-01 $386,900 (15.9%) $439,568 (15.8%) 1.14 219
2020-07-01 $386,475 (15.4%) $445,305 (16.4%) 1.12 200
2020-08-01 $375,000 (13.5%) $441,066 (18.8%) 1.07 190
2020-09-01 $392,500 (19.3%) $453,492 (23.6%) 1.12 170
2020-10-01 $385,000 (16.1%) $457,886 (24.8%) 1.10 189
2020-11-01 $402,500 (18.7%) $455,454 (19.9%) 1.18 157
2020-12-01 $404,425 (22.6%) $449,627 (14.2%) 1.20 135
2021-01-01 $399,900 (20.0%) $483,744 (26.8%) 1.19 99
2021-02-01 $402,475 (15.0%) $502,939 (27.2%) 1.17 115
2021-03-01 $408,500 (13.5%) $503,411 (20.8%) 1.16 116
2021-04-01 $405,000 (12.5%) $491,753 (17.4%) 1.10 140
2021-05-01 $419,900 (7.8%) $506,822 (13.8%) 1.12 138
2021-06-01 $432,500 (11.8%) $559,511 (27.3%) 1.14 182
2021-07-01 $429,900 (11.2%) $540,832 (21.5%) 1.13 212
2021-08-01 $417,475 (11.3%) $504,225 (14.3%) 1.11 204
2021-09-01 $422,500 (7.6%) $505,573 (11.5%) 1.13 222
2021-10-01 $429,995 (11.7%) $521,346 (13.9%) 1.15 226
2021-11-01 $440,450 (9.4%) $533,278 (17.1%) 1.18 223
2021-12-01 $443,000 (9.5%) $514,124 (14.3%) 1.20 166
2022-01-01 $452,500 (13.2%) $524,805 (8.5%) 1.22 148
2022-02-01 $474,950 (18.0%) $532,033 (5.8%) 1.24 150
2022-03-01 $477,000 (16.8%) $537,959 (6.9%) 1.19 178
2022-04-01 $475,000 (17.3%) $529,955 (7.8%) 1.13 212
2022-05-01 $492,890 (17.4%) $528,117 (4.2%) 1.13 272
2022-06-01 $480,117 (11.0%) $532,822 (-4.8%) 1.07 328
2022-07-01 $470,000 (9.3%) $524,666 (-3.0%) 1.06 373
2022-08-01 $459,900 (10.2%) $516,903 (2.5%) 1.06 432
2022-09-01 $455,000 (7.7%) $508,772 (0.6%) 1.06 422
2022-10-01 $451,500 (5.0%) $504,582 (-3.2%) 1.06 403
2022-11-01 $457,750 (3.9%) $514,050 (-3.6%) 1.10 376
2022-12-01 $452,900 (2.2%) $512,768 (-0.3%) 1.12 321
2023-01-01 $459,900 (1.6%) $511,818 (-2.5%) 1.14 279
2023-02-01 $459,725 (-3.2%) $508,514 (-4.4%) 1.11 279
2023-03-01 $472,475 (-1.0%) $523,697 (-2.7%) 1.11 262
2023-04-01 $475,000 (0.0%) $538,148 (1.6%) 1.10 209
2023-05-01 $469,875 (-4.7%) $538,921 (2.1%) 1.07 209
2023-06-01 $479,500 (-0.1%) $553,010 (3.8%) 1.08 216
2023-07-01 $479,000 (1.9%) $537,840 (2.5%) 1.09 225
2023-08-01 $469,225 (2.0%) $516,377 (-0.1%) 1.08 230
2023-09-01 $469,000 (3.1%) $510,580 (0.4%) 1.09 245
2023-10-01 $459,875 (1.9%) $507,553 (0.6%) 1.08 255
2023-11-01 $471,950 (3.1%) $497,881 (-3.2%) 1.12 259
2023-12-01 $459,999 (1.6%) $487,451 (-4.9%) 1.12 242
2024-01-01 $462,000 (0.5%) $478,860 (-6.4%) 1.13 220
2024-02-01 $465,444 (1.2%) $482,334 (-5.2%) 1.12 205
2024-03-01 $467,000 (-1.2%) $481,521 (-8.1%) 1.10 229
2024-04-01 $469,356 (-1.2%) $498,365 (-7.4%) 1.09 264
2024-05-01 $484,172 (3.0%) $514,425 (-4.6%) 1.09 298
2024-06-01 $480,000 (0.1%) $523,630 (-5.3%) 1.08 340
2024-07-01 $475,082 (-0.8%) $518,390 (-3.6%) 1.09 340
2024-08-01 $480,000 (2.3%) $525,251 (1.7%) 1.12 348
2024-09-01 $484,950 (3.4%) $523,342 (2.5%) 1.14 355
Yuba City's median listing price for 2024-09-01 was $484,950, a difference of $15,950 (3.4%) versus the prior year and $4,950 versus the prior month.

Yuba City's median listing price comes in at 114% of the national average.

Yuba City's average listing price for 2024-09-01 was $523,342, a difference of $12,762 (2.5%) versus the prior year and $-1,909 versus the prior month.

For the 2024-09-01 period, Yuba City had 355 MLS listings, a difference of 7 listings (2%) versus the prior month and 110 listings (45%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Yuba City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 69 days 1,841 sqft
2018-02-01 61 days 1,847 sqft
2018-03-01 47 days 1,876 sqft
2018-04-01 43 days 1,885 sqft
2018-05-01 38 days 1,888 sqft
2018-06-01 41 days 1,853 sqft
2018-07-01 40 days 1,807 sqft
2018-08-01 43 days 1,786 sqft
2018-09-01 52 days 1,827 sqft
2018-10-01 55 days 1,784 sqft
2018-11-01 57 days 1,718 sqft
2018-12-01 66 days 1,712 sqft
2019-01-01 61 days 1,638 sqft
2019-02-01 52 days 1,676 sqft
2019-03-01 47 days 1,681 sqft
2019-04-01 43 days 1,688 sqft
2019-05-01 38 days 1,681 sqft
2019-06-01 44 days 1,728 sqft
2019-07-01 46 days 1,734 sqft
2019-08-01 50 days 1,743 sqft
2019-09-01 55 days 1,759 sqft
2019-10-01 58 days 1,791 sqft
2019-11-01 58 days 1,867 sqft
2019-12-01 72 days 1,826 sqft
2020-01-01 73 days 1,853 sqft
2020-02-01 47 days 1,865 sqft
2020-03-01 45 days 1,895 sqft
2020-04-01 52 days 1,865 sqft
2020-05-01 71 days 2,033 sqft
2020-06-01 75 days 2,006 sqft
2020-07-01 73 days 1,933 sqft
2020-08-01 48 days 1,906 sqft
2020-09-01 44 days 1,990 sqft
2020-10-01 44 days 1,865 sqft
2020-11-01 51 days 1,862 sqft
2020-12-01 63 days 1,840 sqft
2021-01-01 54 days 1,812 sqft
2021-02-01 27 days 1,828 sqft
2021-03-01 33 days 1,805 sqft
2021-04-01 26 days 1,861 sqft
2021-05-01 29 days 1,850 sqft
2021-06-01 25 days 1,788 sqft
2021-07-01 27 days 1,750 sqft
2021-08-01 38 days 1,656 sqft
2021-09-01 37 days 1,661 sqft
2021-10-01 38 days 1,716 sqft
2021-11-01 42 days 1,754 sqft
2021-12-01 51 days 1,759 sqft
2022-01-01 49 days 1,791 sqft
2022-02-01 32 days 1,760 sqft
2022-03-01 25 days 1,806 sqft
2022-04-01 26 days 1,754 sqft
2022-05-01 29 days 1,846 sqft
2022-06-01 32 days 1,834 sqft
2022-07-01 40 days 1,790 sqft
2022-08-01 47 days 1,784 sqft
2022-09-01 48 days 1,794 sqft
2022-10-01 54 days 1,818 sqft
2022-11-01 62 days 1,802 sqft
2022-12-01 69 days 1,756 sqft
2023-01-01 74 days 1,801 sqft
2023-02-01 54 days 1,789 sqft
2023-03-01 53 days 1,853 sqft
2023-04-01 50 days 1,866 sqft
2023-05-01 38 days 1,870 sqft
2023-06-01 39 days 1,947 sqft
2023-07-01 46 days 1,924 sqft
2023-08-01 45 days 1,905 sqft
2023-09-01 40 days 1,900 sqft
2023-10-01 47 days 1,878 sqft
2023-11-01 52 days 1,867 sqft
2023-12-01 52 days 1,810 sqft
2024-01-01 58 days 1,784 sqft
2024-02-01 58 days 1,787 sqft
2024-03-01 44 days 1,780 sqft
2024-04-01 41 days 1,818 sqft
2024-05-01 35 days 1,840 sqft
2024-06-01 39 days 1,832 sqft
2024-07-01 46 days 1,818 sqft
2024-08-01 50 days 1,837 sqft
2024-09-01 51 days 1,859 sqft
Yuba City's median listing age (time on market) for 2024-09-01 was 51 days. This is 28% longer than the same period one year ago.

Yuba City's median square footage for active listings during the 2024-09-01 period was 1,859 sqft. One year prior, the average listing was 1,900 sqft.