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 12 lenders originated 26 USDA loans during 2021. The total origination value was $9,350,000, with an average USDA loan value of $359,615.

Yuba City USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Yuba City averaged 6.29% for the week of 2022-12-02, compared to the national average (all USDA variants) of 6.437% for the same period.

Yuba City's average USDA mortgage closing costs are $7,719.

The average rate for the prior week (2022-11-25) was 6.62% and one month ago for the week of 2022-10-28, the average rate was 6.69%.

The average rate one year ago was 3.19%.

For refis of the same type during the week of 2022-12-02, the average rate was 6.18%.

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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
Hometown Lenders, Inc. 4 2.75% $7,314
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 4 2.94% $9,991
FINANCE OF AMERICA MORTGAGE LLC 3 2.67% $7,067
CORNERSTONE HOME LENDING, INC. 3 3.08% $7,953
NOVA FINANCIAL & INVESTMENT CORPORATION 1 2.88% $7,459
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 3.00% $13,511
Sierra Pacific Mortgage Company, Inc. 1 2.50% $9,470
SUMMIT FUNDING, INC. 1 3.13% $8,369
UNITED WHOLESALE MORTGAGE, LLC 1 2.88% $12,709
ENVOY MORTGAGE, LTD 1 3.00% $10,115
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 2.38% $18,702
LOANDEPOT.COM, LLC 1 2.88% $7,400

The top Yuba City USDA lender as defined by loan originations is Hometown Lenders, Inc., with 4 USDA loans originated. Their average total fees are $7,314, which is $2,677 lower than the next largest lender, EVERGREEN MONEYSOURCE MORTGAGE COMPANY.

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 $299,675 (9.0%) $358,757 (3.3%) 1.11 334
2018-02-01 $305,011 (5.5%) $361,905 (3.0%) 1.11 326
2018-03-01 $315,500 (8.2%) $371,041 (6.2%) 1.11 314
2018-04-01 $329,475 (10.6%) $383,143 (6.0%) 1.12 332
2018-05-01 $326,475 (10.1%) $385,088 (4.0%) 1.09 372
2018-06-01 $328,200 (9.4%) $384,694 (3.9%) 1.09 396
2018-07-01 $320,988 (7.0%) $369,895 (0.0%) 1.07 449
2018-08-01 $317,975 (6.4%) $360,262 (-0.1%) 1.06 496
2018-09-01 $319,900 (7.0%) $366,687 (4.0%) 1.07 505
2018-10-01 $312,500 (5.9%) $364,851 (5.6%) 1.06 503
2018-11-01 $306,725 (4.0%) $359,207 (3.3%) 1.04 467
2018-12-01 $300,000 (1.7%) $348,338 (-1.1%) 1.03 383
2019-01-01 $299,950 (0.1%) $354,683 (-1.1%) 1.04 319
2019-02-01 $312,925 (2.6%) $378,550 (4.6%) 1.06 319
2019-03-01 $323,671 (2.6%) $392,691 (5.8%) 1.06 307
2019-04-01 $329,121 (-0.1%) $393,363 (2.7%) 1.05 318
2019-05-01 $327,450 (0.3%) $400,709 (4.1%) 1.02 365
2019-06-01 $334,950 (2.1%) $392,788 (2.1%) 1.05 392
2019-07-01 $335,000 (4.4%) $394,394 (6.6%) 1.05 426
2019-08-01 $329,727 (3.7%) $379,067 (5.2%) 1.04 430
2019-09-01 $327,068 (2.2%) $369,480 (0.8%) 1.05 427
2019-10-01 $330,020 (5.6%) $366,268 (0.4%) 1.06 403
2019-11-01 $339,000 (10.5%) $378,608 (5.4%) 1.11 390
2019-12-01 $329,950 (10.0%) $392,769 (12.8%) 1.10 320
2020-01-01 $333,250 (11.1%) $380,529 (7.3%) 1.11 288
2020-02-01 $349,999 (11.9%) $394,415 (4.2%) 1.14 291
2020-03-01 $359,975 (11.2%) $415,575 (5.8%) 1.13 304
2020-04-01 $360,000 (9.4%) $417,534 (6.1%) 1.13 303
2020-05-01 $385,950 (17.9%) $440,725 (10.0%) 1.17 256
2020-06-01 $385,225 (15.0%) $435,731 (10.9%) 1.13 226
2020-07-01 $382,226 (14.1%) $442,201 (12.1%) 1.11 206
2020-08-01 $370,000 (12.2%) $436,738 (15.2%) 1.06 195
2020-09-01 $388,000 (18.6%) $449,094 (21.6%) 1.11 176
2020-10-01 $380,000 (15.1%) $453,431 (23.8%) 1.09 194
2020-11-01 $394,675 (16.4%) $451,407 (19.2%) 1.15 161
2020-12-01 $402,875 (22.1%) $447,030 (13.8%) 1.20 138
2021-01-01 $394,950 (18.5%) $479,396 (26.0%) 1.18 102
2021-02-01 $399,488 (14.1%) $500,577 (26.9%) 1.16 117
2021-03-01 $403,725 (12.2%) $499,789 (20.3%) 1.15 119
2021-04-01 $403,675 (12.1%) $488,802 (17.1%) 1.09 143
2021-05-01 $415,000 (7.5%) $500,045 (13.5%) 1.10 142
2021-06-01 $424,225 (10.1%) $554,103 (27.2%) 1.12 186
2021-07-01 $429,000 (12.2%) $545,994 (23.5%) 1.13 215
2021-08-01 $415,000 (12.2%) $501,758 (14.9%) 1.11 207
2021-09-01 $421,250 (8.6%) $504,024 (12.2%) 1.12 224
2021-10-01 $429,990 (13.2%) $521,078 (14.9%) 1.15 228
2021-11-01 $439,838 (11.4%) $532,758 (18.0%) 1.17 224
2021-12-01 $441,725 (9.6%) $519,733 (16.3%) 1.20 167
2022-01-01 $450,000 (13.9%) $524,091 (9.3%) 1.22 149
2022-02-01 $474,950 (18.9%) $531,243 (6.1%) 1.24 151
2022-03-01 $476,000 (17.9%) $537,286 (7.5%) 1.19 179
2022-04-01 $472,500 (17.1%) $529,407 (8.3%) 1.13 213
2022-05-01 $492,473 (18.7%) $527,046 (5.4%) 1.13 274
2022-06-01 $478,750 (12.9%) $532,461 (-3.9%) 1.07 331
2022-07-01 $469,990 (9.6%) $523,835 (-4.1%) 1.06 375
2022-08-01 $459,675 (10.8%) $516,679 (3.0%) 1.06 436
2022-09-01 $455,000 (8.0%) $508,266 (0.8%) 1.07 426
2022-10-01 $450,000 (4.7%) $503,807 (-3.3%) 1.06 408
2022-11-01 $456,425 (3.8%) $512,017 (-3.9%) 1.10 379
Yuba City's median listing price for 2022-11-01 was $456,425, a difference of $16,587 (3.8%) versus the prior year and $6,425 versus the prior month.

Yuba City's median listing price comes in at 110% of the national average.

Yuba City's average listing price for 2022-11-01 was $512,017, a difference of $-20,741 (-3.9%) versus the prior year and $8,210 versus the prior month.

For the 2022-11-01 period, Yuba City had 379 MLS listings, a difference of -29 listings (-7%) versus the prior month and 155 listings (69%) 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 74 days 1,827 sqft
2018-02-01 67 days 1,839 sqft
2018-03-01 51 days 1,872 sqft
2018-04-01 47 days 1,867 sqft
2018-05-01 40 days 1,876 sqft
2018-06-01 44 days 1,842 sqft
2018-07-01 43 days 1,794 sqft
2018-08-01 45 days 1,779 sqft
2018-09-01 54 days 1,812 sqft
2018-10-01 57 days 1,777 sqft
2018-11-01 59 days 1,716 sqft
2018-12-01 68 days 1,703 sqft
2019-01-01 65 days 1,634 sqft
2019-02-01 57 days 1,672 sqft
2019-03-01 51 days 1,673 sqft
2019-04-01 45 days 1,679 sqft
2019-05-01 39 days 1,679 sqft
2019-06-01 46 days 1,725 sqft
2019-07-01 47 days 1,727 sqft
2019-08-01 52 days 1,734 sqft
2019-09-01 58 days 1,745 sqft
2019-10-01 61 days 1,764 sqft
2019-11-01 64 days 1,856 sqft
2019-12-01 79 days 1,818 sqft
2020-01-01 75 days 1,845 sqft
2020-02-01 54 days 1,853 sqft
2020-03-01 50 days 1,889 sqft
2020-04-01 55 days 1,857 sqft
2020-05-01 76 days 2,000 sqft
2020-06-01 78 days 1,984 sqft
2020-07-01 76 days 1,884 sqft
2020-08-01 53 days 1,866 sqft
2020-09-01 46 days 1,965 sqft
2020-10-01 45 days 1,850 sqft
2020-11-01 53 days 1,846 sqft
2020-12-01 65 days 1,833 sqft
2021-01-01 55 days 1,812 sqft
2021-02-01 29 days 1,828 sqft
2021-03-01 35 days 1,796 sqft
2021-04-01 28 days 1,859 sqft
2021-05-01 30 days 1,841 sqft
2021-06-01 26 days 1,773 sqft
2021-07-01 28 days 1,731 sqft
2021-08-01 39 days 1,653 sqft
2021-09-01 37 days 1,652 sqft
2021-10-01 39 days 1,716 sqft
2021-11-01 43 days 1,753 sqft
2021-12-01 51 days 1,759 sqft
2022-01-01 51 days 1,791 sqft
2022-02-01 32 days 1,760 sqft
2022-03-01 26 days 1,806 sqft
2022-04-01 27 days 1,754 sqft
2022-05-01 29 days 1,833 sqft
2022-06-01 32 days 1,830 sqft
2022-07-01 40 days 1,780 sqft
2022-08-01 47 days 1,775 sqft
2022-09-01 49 days 1,788 sqft
2022-10-01 56 days 1,810 sqft
2022-11-01 64 days 1,800 sqft
Yuba City's median listing age (time on market) for 2022-11-01 was 64 days. This is 51% longer than the same period one year ago.

Yuba City's median square footage for active listings during the 2022-11-01 period was 1,800 sqft. One year prior, the average listing was 1,753 sqft.