Athens VA Loans
Athens, TX
A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.
The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.
For additional benefits of VA loans, click here.
Athens's 69 lenders originated 216 VA loans during 2021. The total origination value was $54,140,000, with an average VA loan value of $250,648.
Athens VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Athens
averaged
5.35%
for the week of 2022-08-05, compared to the national average (all VA variants) of
5.013% for the same period.
The average rate for the prior week (2022-07-29) was
5.51% and
one month ago for the week of 2022-07-01, the
average rate was 5.73%.
The average rate one year ago was 3.01%.
For refis of the same type during the week of 2022-08-05, the average rate
was 5.2%.
Athens VA Loan Lenders by Rates & Fees
The below table looks at the average fees and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Athens level.
The top Athens VA lender as defined by loan originations is Mortgage Research Center, LLC, with
26 VA loans originated. Their average total fees are
$6,169, which is $3,124
higher than the next largest lender,
FREEDOM MORTGAGE CORPORATION.
The lowest fee Athens VA lenders (with over 10 loans originated) are
FREEDOM MORTGAGE CORPORATION ($3,045), Mortgage Research Center, LLC ($6,169), .
The lowest rate Athens VA lenders (with over 10 loans originated) are
FREEDOM MORTGAGE CORPORATION (2.49%), Mortgage Research Center, LLC (2.97%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Athens (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $259,900 (2.5%) | $407,882 (5.4%) | 0.00 | 799 |
2018-02-01 | $267,450 (5.9%) | $414,904 (10.2%) | 0.00 | 813 |
2018-03-01 | $285,000 (7.3%) | $412,864 (4.1%) | 0.00 | 851 |
2018-04-01 | $289,500 (7.6%) | $406,906 (1.9%) | 0.00 | 894 |
2018-05-01 | $294,450 (8.3%) | $419,778 (-0.3%) | 0.00 | 911 |
2018-06-01 | $289,500 (4.5%) | $421,818 (-0.4%) | 0.00 | 972 |
2018-07-01 | $277,000 (-0.7%) | $402,197 (-3.9%) | 0.00 | 945 |
2018-08-01 | $260,900 (-1.3%) | $381,195 (-8.0%) | 0.00 | 963 |
2018-09-01 | $250,000 (-9.1%) | $383,994 (-9.5%) | 0.00 | 973 |
2018-10-01 | $246,950 (-7.5%) | $379,175 (-7.5%) | 0.00 | 973 |
2018-11-01 | $241,500 (-10.6%) | $386,303 (-5.0%) | 0.00 | 935 |
2018-12-01 | $239,000 (-10.8%) | $387,755 (-3.9%) | 0.00 | 914 |
2019-01-01 | $241,950 (-6.9%) | $395,443 (-3.1%) | 0.00 | 837 |
2019-02-01 | $254,900 (-4.7%) | $393,308 (-5.2%) | 0.00 | 853 |
2019-03-01 | $269,000 (-5.6%) | $412,770 (0.0%) | 0.00 | 788 |
2019-04-01 | $271,250 (-6.3%) | $407,869 (0.2%) | 0.00 | 822 |
2019-05-01 | $289,000 (-1.9%) | $406,714 (-3.1%) | 0.00 | 808 |
2019-06-01 | $295,500 (2.1%) | $411,859 (-2.4%) | 0.00 | 820 |
2019-07-01 | $279,950 (1.1%) | $403,494 (0.3%) | 0.00 | 807 |
2019-08-01 | $274,714 (5.3%) | $408,370 (7.1%) | 0.00 | 786 |
2019-09-01 | $269,450 (7.8%) | $411,304 (7.1%) | 0.00 | 774 |
2019-10-01 | $267,500 (8.3%) | $416,752 (9.9%) | 0.00 | 765 |
2019-11-01 | $265,000 (9.7%) | $414,613 (7.3%) | 0.00 | 724 |
2019-12-01 | $265,000 (10.9%) | $385,255 (-0.6%) | 0.00 | 686 |
2020-01-01 | $254,500 (5.2%) | $388,590 (-1.7%) | 0.00 | 623 |
2020-02-01 | $249,000 (-2.3%) | $384,857 (-2.2%) | 0.00 | 666 |
2020-03-01 | $244,500 (-9.1%) | $379,346 (-8.1%) | 0.00 | 700 |
2020-04-01 | $239,450 (-11.7%) | $366,667 (-10.1%) | 0.00 | 721 |
2020-05-01 | $242,000 (-16.3%) | $397,456 (-2.3%) | 0.00 | 632 |
2020-06-01 | $239,000 (-19.1%) | $384,183 (-6.7%) | 0.00 | 499 |
2020-07-01 | $234,450 (-16.3%) | $391,072 (-3.1%) | 0.00 | 461 |
2020-08-01 | $229,900 (-16.3%) | $422,264 (3.4%) | 0.00 | 452 |
2020-09-01 | $229,900 (-14.7%) | $447,346 (8.8%) | 0.00 | 447 |
2020-10-01 | $239,000 (-10.7%) | $462,659 (11.0%) | 0.00 | 449 |
2020-11-01 | $244,250 (-7.8%) | $478,390 (15.4%) | 0.00 | 467 |
2020-12-01 | $240,950 (-9.1%) | $461,762 (19.9%) | 0.00 | 449 |
2021-01-01 | $239,000 (-6.1%) | $449,990 (15.8%) | 0.00 | 407 |
2021-02-01 | $253,400 (1.8%) | $485,870 (26.3%) | 0.00 | 328 |
2021-03-01 | $282,500 (15.5%) | $469,254 (23.7%) | 0.00 | 285 |
2021-04-01 | $304,950 (27.4%) | $490,269 (33.7%) | 0.00 | 277 |
2021-05-01 | $332,000 (37.2%) | $521,683 (31.3%) | 0.00 | 272 |
2021-06-01 | $332,500 (39.1%) | $592,593 (54.3%) | 0.00 | 301 |
2021-07-01 | $344,500 (46.9%) | $599,921 (53.4%) | 0.00 | 364 |
2021-08-01 | $377,000 (64.0%) | $590,393 (39.8%) | 0.00 | 419 |
2021-09-01 | $359,999 (56.6%) | $537,984 (20.3%) | 0.00 | 441 |
2021-10-01 | $339,000 (41.8%) | $534,793 (15.6%) | 0.00 | 426 |
2021-11-01 | $349,500 (43.1%) | $548,175 (14.6%) | 0.00 | 401 |
2021-12-01 | $327,500 (35.9%) | $533,201 (15.5%) | 0.00 | 389 |
2022-01-01 | $327,900 (37.2%) | $523,713 (16.4%) | 0.00 | 342 |
2022-02-01 | $345,000 (36.2%) | $611,179 (25.8%) | 0.00 | 285 |
2022-03-01 | $399,000 (41.2%) | $731,617 (55.9%) | 0.00 | 282 |
2022-04-01 | $399,000 (30.8%) | $733,580 (49.6%) | 0.00 | 322 |
2022-05-01 | $404,250 (21.8%) | $777,385 (49.0%) | 0.00 | 411 |
2022-06-01 | $417,400 (25.5%) | $776,545 (31.0%) | 0.00 | 506 |
Athens's median listing price comes in at 0% of the national average.
Athens's average listing price for 2022-06-01 was $776,545, a difference of $183,952 (31.0%) versus the prior year and $-840 versus the prior month.
For the 2022-06-01 period, Athens had 506 MLS listings, a difference of 95 listings (23%) versus the prior month and 205 listings (68%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Athens (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,015 sqft |
2018-02-01 | 0 days | 1,986 sqft |
2018-03-01 | 0 days | 2,017 sqft |
2018-04-01 | 0 days | 2,037 sqft |
2018-05-01 | 0 days | 2,064 sqft |
2018-06-01 | 0 days | 2,050 sqft |
2018-07-01 | 0 days | 2,048 sqft |
2018-08-01 | 0 days | 2,000 sqft |
2018-09-01 | 0 days | 1,924 sqft |
2018-10-01 | 0 days | 1,908 sqft |
2018-11-01 | 0 days | 1,941 sqft |
2018-12-01 | 0 days | 1,894 sqft |
2019-01-01 | 0 days | 1,894 sqft |
2019-02-01 | 0 days | 1,918 sqft |
2019-03-01 | 0 days | 1,988 sqft |
2019-04-01 | 0 days | 1,971 sqft |
2019-05-01 | 0 days | 2,037 sqft |
2019-06-01 | 0 days | 2,067 sqft |
2019-07-01 | 0 days | 2,014 sqft |
2019-08-01 | 0 days | 1,980 sqft |
2019-09-01 | 0 days | 1,947 sqft |
2019-10-01 | 0 days | 1,983 sqft |
2019-11-01 | 0 days | 1,950 sqft |
2019-12-01 | 0 days | 1,937 sqft |
2020-01-01 | 0 days | 1,912 sqft |
2020-02-01 | 0 days | 1,888 sqft |
2020-03-01 | 0 days | 1,858 sqft |
2020-04-01 | 0 days | 1,847 sqft |
2020-05-01 | 0 days | 1,850 sqft |
2020-06-01 | 0 days | 1,850 sqft |
2020-07-01 | 0 days | 1,848 sqft |
2020-08-01 | 0 days | 1,848 sqft |
2020-09-01 | 0 days | 1,845 sqft |
2020-10-01 | 0 days | 1,831 sqft |
2020-11-01 | 0 days | 1,809 sqft |
2020-12-01 | 0 days | 1,773 sqft |
2021-01-01 | 0 days | 1,775 sqft |
2021-02-01 | 0 days | 1,843 sqft |
2021-03-01 | 0 days | 1,864 sqft |
2021-04-01 | 0 days | 1,970 sqft |
2021-05-01 | 0 days | 1,972 sqft |
2021-06-01 | 0 days | 1,965 sqft |
2021-07-01 | 0 days | 1,934 sqft |
2021-08-01 | 0 days | 1,910 sqft |
2021-09-01 | 0 days | 1,878 sqft |
2021-10-01 | 0 days | 1,862 sqft |
2021-11-01 | 0 days | 1,854 sqft |
2021-12-01 | 0 days | 1,800 sqft |
2022-01-01 | 0 days | 1,810 sqft |
2022-02-01 | 0 days | 1,897 sqft |
2022-03-01 | 0 days | 1,901 sqft |
2022-04-01 | 0 days | 1,931 sqft |
2022-05-01 | 0 days | 1,989 sqft |
2022-06-01 | 0 days | 1,959 sqft |
Athens's median square footage for active listings during the 2022-06-01 period was 1,959 sqft. One year prior, the average listing was 1,965 sqft.