Austin VA Loan Rates, Closing Costs & Stats

AUSTIN-ROUND ROCK-GEORGETOWN, 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 not 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.

Austin's 188 lenders originated 2,730 VA loans during 2022. The total origination value was $1,239,580,000, with an average VA loan value of $454,059.

Austin VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Austin averaged 5.91% for the week of 2023-05-26, compared to the national average (all VA variants) of 6.408% for the same period.

Austin's average VA mortgage closing costs are $6,806.

The average rate for the prior week (2023-05-19) was 5.64% and one month ago for the week of 2023-04-21, the average rate was 5.96%.

The average rate one year ago was 4.63%.

For refis of the same type during the week of 2023-05-26, the average rate was 5.29%.

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

Austin VA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Austin level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 237 5.05% $11,201
DHI MORTGAGE COMPANY, LTD. 207 4.25% $10,169
UNITED WHOLESALE MORTGAGE, LLC 122 4.41% $10,807
LOANDEPOT.COM, LLC 121 4.41% $11,996
EAGLE HOME MORTGAGE, LLC 118 4.74% $5,696
CMG MORTGAGE, INC. 117 4.69% $15,821
PULTE MORTGAGE LLC 89 4.76% $6,808
NAVY FEDERAL CREDIT UNION 77 3.88% $10,873
QUICKEN LOANS, LLC 67 4.15% $12,360
USAA Federal Savings Bank 66 4.57% $13,765
PENNYMAC LOAN SERVICES, LLC 64 3.14% $8,251
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 63 4.85% $11,080
KBHS HOME LOANS, LLC 62 4.44% $9,723
VELOCIO MORTGAGE L.L.C. 55 4.95% $8,844
ADVISA MORTGAGE SERVICES, LTD. 37 4.30% $12,949
PRIMELENDING, A PLAINSCAPITAL COMPANY 34 4.63% $14,216
HOME POINT FINANCIAL CORPORATION 31 3.82% $10,448
FREEDOM MORTGAGE CORPORATION 31 3.98% $8,047
CLM MORTGAGE, INC 30 4.28% $8,689
MOVEMENT MORTGAGE, LLC 30 4.77% $15,825
CORNERSTONE HOME LENDING, INC. 28 5.06% $10,496
CALIBER HOME LOANS, INC. 27 4.14% $10,822
South Pacific Financial Corporation 27 4.74% $14,463
SFMC, LP 26 4.64% $13,623
Flagstar Bank, FSB 25 4.42% $11,039
ARK-LA-TEX FINANCIAL SERVICES, LLC. 25 4.57% $12,833
PENTAGON FEDERAL CREDIT UNION 24 3.39% $6,595
HOME FINANCING UNLIMITED, INC. 23 4.28% $16,181
GUARANTEED RATE, INC. 23 4.63% $12,952
GUILD MORTGAGE COMPANY 22 4.89% $14,215
SOUTHERN LENDING SERVICES, LTD. 21 4.48% $14,422
AMERICAN PACIFIC MORTGAGE CORPORATION 19 5.68% $14,705
CORNERSTONE MORTGAGE PARTNERS OF TEXAS, L.P. 19 5.10% $9,985
THRIVE MORTGAGE, LLC 19 4.45% $15,389
Mr. Cooper ( Nationstar Mortgage ) 18 2.82% $4,120
NATIONS RELIABLE LENDING, LLC 17 4.46% $12,291
Wells Fargo Bank 16 4.09% $8,262
EVERETT FINANCIAL, INC. 16 4.87% $8,089
CRESTMARK MORTGAGE COMPANY, LTD. 15 5.17% $9,478
AMCAP MORTGAGE, LTD. 15 4.73% $12,552
Paramount Residential Mortgage Group, Inc. 15 4.63% $10,941
LOANPEOPLE, LLC 14 5.28% $14,650
PRIORITY HOME MORTGAGE, L.P. 14 4.56% $10,515
The Home Loan Expert LLC 14 3.99% $12,261
GUARANTEED RATE AFFINITY, LLC 13 4.87% $9,069
Amerifirst Financial, Inc. 12 4.91% $15,156
FC LENDING, LTD. 12 4.61% $16,201
CROSSCOUNTRY MORTGAGE, LLC 12 5.24% $12,035
CLEARPATH LENDING 11 2.98% $5,679
M/I FINANCIAL, LLC 11 4.60% $17,818
LAKEVIEW LOAN SERVICING, LLC 11 2.73% $3,361
Gateway First Bank 11 4.53% $11,588
NEWREZ LLC 10 5.02% $9,512
North American Savings Bank, F.S.B. 10 4.08% $12,967
CARDINAL FINANCIAL 9 5.08% $16,363
SECURITYNATIONAL MORTGAGE COMPANY 9 5.24% $10,896
Barrington Bank & Trust Company, N.A. 8 4.14% $7,682
SWBC MORTGAGE CORPORATION 8 4.59% $24,024
Network Funding, L.P. 8 4.50% $17,100
First United Bank and Trust Company 8 4.80% $18,201
INSPIRE HOME LOANS INC. 8 4.68% $7,470
Hometown Lenders, Inc. 7 4.16% $25,294
FIRST EQUITY MORTGAGE INCORPORATED 7 3.66% $14,668
Austin Capital Bank SSB 7 4.42% $11,279
CANOPY MORTGAGE, LLC 7 5.21% $13,750
Citizens Bank 7 3.82% $11,909
PLANET HOME LENDING, LLC 7 4.48% $7,803
PLAZA HOME MORTGAGE, INC. 6 4.56% $13,283
MORTGAGE SOLUTIONS OF COLORADO, LLC 6 5.90% $7,294
Lakeview Community Capital, LLC 6 2.92% $2,979
FIRST CONTINENTAL MORTGAGE, LTD. 5 3.69% $14,077
NBKC BANK 5 3.60% $14,378
JPMorgan Chase Bank 5 4.17% $7,784
Waterstone Mortgage Corporation 5 5.90% $9,990
BROKER SOLUTIONS, INC. 5 5.33% $15,291
BARTON CREEK LENDING GROUP, LLC 5 5.75% $11,686
MID AMERICA MORTGAGE, INC. 5 4.33% $9,023
Credence Funding Corporation 4 2.44% $3,067
Carrington Mortgage Services, LLC 4 2.91% $4,087
WILLOW BEND MORTGAGE COMPANY, LLC 4 4.22% $12,063
Stride Bank 4 5.44% $12,204
Strong Home Mortgage, LLC 4 3.72% $11,543
SUMMIT FUNDING, INC. 4 4.56% $18,138
VILLAGE CAPITAL MORTGAGE 4 2.81% $2,784
AMERISAVE MORTGAGE CORPORATION 4 4.44% $8,964
The Federal Savings Bank 4 4.28% $12,907
ANGEL OAK HOME LOANS LLC 4 4.56% $10,289
The Central Trust Bank 4 4.00% $12,765
Sunflower Bank 4 4.03% $16,335
First Bank 4 4.84% $21,755
NTFN, INC. 4 4.47% $13,321
MORTGAGE FINANCIAL SERVICES, LLC 4 4.16% $2,526
NFM, INC. 4 5.00% $26,861
NEW DAY FINANCIAL, LLC 4 2.75% $9,699
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 4.92% $13,363
FIRST CENTENNIAL MORTGAGE CORPORATION 3 5.21% $18,540
ASPIRE FINANCIAL, INC. 3 5.71% $6,659
R Bank 3 4.63% $6,641
BancorpSouth Bank 3 3.75% $12,713
BAY EQUITY LLC 3 6.67% $10,773
TJC Mortgage, Inc. 3 5.04% $11,640
LEGEND LENDING CORPORATION 3 5.58% $11,244
Low VA Rates, LLC 3 4.46% $15,898
Mid-Continent Funding, Inc. 3 6.04% $6,604
Armed Forces Bank 3 4.83% $7,433
Northpointe Bank 3 3.63% $11,930
Florida Capital Bank 3 4.75% $5,028
INTERLINC MORTGAGE SERVICES, LLC 2 3.64% $5,875
SUCCESS MORTGAGE PARTNERS, INC. 2 3.69% $35,323
Wallick & Volk, Inc. 2 3.42% $10,660
M&T Bank 2 2.56% $5,433
CITY FIRST MORTGAGE SERVICES, L.L.C. 2 5.69% $18,233
ENVOY MORTGAGE, LTD 2 4.13% $5,816
SOUTHWEST STAGE FUNDING, LLC 2 3.88% $1,527
SOUTHWEST FUNDING, LP 2 5.88% $8,131
NBH Bank 2 4.75% $9,196
HOMESIDE FINANCIAL, LLC 2 3.88% $16,813
Equity Prime Mortgage LLC 2 6.38% $11,269
Century Mortgage Company DBA Century Lending Company 2 5.50% $18,373
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 4.25% $13,569
AXIA FINANCIAL, LLC 2 5.88% $17,800
GENEVA FINANCIAL, LLC 2 5.25% $11,110
NexBank 2 4.94% $13,067
Wyndham Capital Mortgage, Inc. 2 4.13% $16,011
Republic State Mortgage Co. 2 4.69% $21,552
First Financial Bank 2 4.06% $9,843
AMERICAN FINANCIAL RESOURCES, INC. 2 4.50% $4,713
NP, Inc. 2 2.88% $4,589
FBC MORTGAGE, LLC 2 4.25% $9,170
CHURCHILL MORTGAGE CORPORATION 2 4.25% $15,259
Assurance Financial Group, L.L.C. 2 3.88% $10,451
City Bank 2 3.88% $13,712
Alcova Mortgage LLC 2 5.88% $16,601
RB MORTGAGE LLC 2 4.56% $32,224
First National Bank Texas 2 5.00% $20,186
SUN WEST MORTGAGE COMPANY, INC. 2 3.50% $7,238
T2 FINANCIAL LLC 2 5.88% $9,651
JET HOMELOANS, LLC 2 5.19% $11,869
Neighborhood Loans, Inc. 1 5.25% $17,694
AMERICAN ADVISORS GROUP 1 3.13% $3,568
AMERICAN FINANCING CORPORATION 1 2.63% $4,762
Atlantic Union Bank 1 5.88% $19,284
BOKF 1 6.63% $15,499
CERTAINTY HOME LOANS, LLC 1 6.25% $17,968
Commerce Home Mortgage, Inc. 1 2.50% $5,040
Community First National Bank 1 5.25% $4,670
DAS Acquisition Company, LLC 1 3.25% $18,088
FINANCE OF AMERICA MORTGAGE LLC 1 3.50% $5,232
First Bank & Trust 1 3.25% $24,194
First Internet Bank of Indiana 1 5.50% $11,189
First Mortgage Solutions, LLC 1 2.75% $18,584
Franklin Loan Corporation 1 4.88% $19,901
GIBRALTAR MORTGAGE SERVICES, LLC 1 5.88% $18,004
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 5.25% $29,444
Goldwater Bank, N.A. 1 7.50% $8,841
GROUP MORTGAGE, LLC 1 5.00% $14,516
HOMEAMERICAN MORTGAGE CORPORATION 1 5.38% $0
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.75% $17,769
HOMESTAR FINANCIAL CORPORATION 1 5.25% $10,584
HOMESTEAD FUNDING CORP. 1 5.88% $5,077
Independent Bank 1 2.75% $11,561
JMJ FINANCIAL GROUP 1 4.75% $11,629
KELLER MORTGAGE, LLC 1 3.50% $5,152
MORTGAGEONE, INC. 1 5.13% $5,656
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.75% $14,311
NATIONS DIRECT MORTGAGE, LLC 1 4.63% $6,089
Acre Mortgage and Financial Inc 1 4.63% $19,590
NETWORK CAPITAL FUNDING CORPORATION 1 2.38% $1,695
NOVA FINANCIAL & INVESTMENT CORPORATION 1 4.75% $4,970
ONY GLO, INC. 1 4.25% $5,747
Pacific Lending LLC 1 4.50% $12,154
PANORAMA MORTGAGE GROUP, LLC 1 4.13% $15,345
PILGRIM MORTGAGE LLC 1 3.75% $8,382
PREMIA MORTGAGE, LLC 1 4.50% $6,458
Presidential Bank, FSB 1 3.00% $1,040
Prosperity Home Mortgage, LLC 1 4.87% $7,895
Regions Bank 1 5.25% $9,965
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 3.38% $6,135
SIRVA MORTGAGE, INC. 1 3.88% $1,908
SIWELL, INC. 1 4.00% $7,096
SMART CHOICE MORTGAGE, A TEXAS LIMITED LIABILITY C 1 3.22% $11,859
TBI MORTGAGE COMPANY 1 3.00% $500
Trinity Oaks Mortgage, LLC 1 5.25% $10,176
Trustmark National Bank 1 5.50% $6,407
U.S. Bank 1 2.99% $10,015
VANDERBILT MORTGAGE AND FINANCE, INC. 1 4.50% $14,905
Watermark Capital, Inc. 1 5.25% $8,564
Wolfe Financial, Inc 1 5.63% $5,857

The top Austin VA lender as defined by loan originations is Mortgage Research Center, LLC, with 237 VA loans originated. Their average total fees are $11,201, which is $1,032 higher than the next largest lender, DHI MORTGAGE COMPANY, LTD..

The lowest fee Austin VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC ($3,361), Mr. Cooper ( Nationstar Mortgage ) ($4,120), CLEARPATH LENDING ($5,679), EAGLE HOME MORTGAGE, LLC ($5,696) and PENTAGON FEDERAL CREDIT UNION ($6,595).

The lowest rate Austin VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC (2.73%), Mr. Cooper ( Nationstar Mortgage ) (2.82%), CLEARPATH LENDING (2.98%), PENNYMAC LOAN SERVICES, LLC (3.14%) and PENTAGON FEDERAL CREDIT UNION (3.39%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Austin (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 $359,920 (-7.5%) $555,064 (-5.1%) 1.33 5,910
2018-02-01 $365,506 (-7.3%) $565,008 (-5.0%) 1.33 5,884
2018-03-01 $372,990 (-5.0%) $572,092 (-4.3%) 1.31 6,335
2018-04-01 $376,220 (-5.7%) $582,210 (-3.9%) 1.28 6,924
2018-05-01 $375,000 (-5.9%) $577,583 (-3.0%) 1.25 7,436
2018-06-01 $374,900 (-4.6%) $568,895 (-3.4%) 1.25 7,940
2018-07-01 $368,793 (-4.2%) $550,681 (-4.7%) 1.23 8,247
2018-08-01 $362,350 (-3.8%) $538,193 (-3.6%) 1.21 8,369
2018-09-01 $359,000 (-3.2%) $535,494 (-4.4%) 1.21 8,364
2018-10-01 $349,995 (-4.1%) $533,472 (-4.0%) 1.19 8,344
2018-11-01 $349,900 (-4.1%) $527,858 (-4.5%) 1.19 7,909
2018-12-01 $348,990 (-3.7%) $514,749 (-7.1%) 1.20 7,092
2019-01-01 $348,628 (-3.1%) $515,487 (-7.1%) 1.20 6,448
2019-02-01 $349,950 (-4.3%) $524,236 (-7.2%) 1.18 6,399
2019-03-01 $359,990 (-3.5%) $550,440 (-3.8%) 1.20 6,632
2019-04-01 $369,995 (-1.7%) $561,043 (-3.6%) 1.17 7,049
2019-05-01 $371,000 (-1.1%) $571,380 (-1.1%) 1.16 7,329
2019-06-01 $369,000 (-1.6%) $566,993 (-0.3%) 1.15 7,732
2019-07-01 $364,132 (-1.3%) $560,868 (1.9%) 1.14 8,005
2019-08-01 $365,990 (1.0%) $571,643 (6.2%) 1.15 7,872
2019-09-01 $364,495 (1.5%) $571,411 (6.7%) 1.15 7,047
2019-10-01 $358,000 (2.3%) $558,952 (4.8%) 1.16 7,413
2019-11-01 $355,220 (1.5%) $559,027 (5.9%) 1.16 6,891
2019-12-01 $349,998 (0.3%) $551,680 (7.2%) 1.17 6,059
2020-01-01 $350,522 (0.5%) $557,314 (8.1%) 1.17 5,438
2020-02-01 $363,920 (4.0%) $594,197 (13.4%) 1.19 5,102
2020-03-01 $374,996 (4.2%) $607,823 (10.4%) 1.18 5,379
2020-04-01 $369,774 (-0.1%) $570,075 (1.6%) 1.16 6,075
2020-05-01 $379,999 (2.4%) $599,651 (5.0%) 1.16 6,360
2020-06-01 $395,000 (7.1%) $639,186 (12.7%) 1.16 5,664
2020-07-01 $396,495 (8.9%) $633,478 (13.0%) 1.15 5,314
2020-08-01 $399,999 (9.3%) $646,888 (13.2%) 1.15 4,898
2020-09-01 $415,495 (14.0%) $665,489 (16.5%) 1.19 4,175
2020-10-01 $420,000 (17.3%) $682,466 (22.1%) 1.20 3,881
2020-11-01 $422,250 (18.9%) $681,930 (22.0%) 1.23 3,347
2020-12-01 $427,740 (22.2%) $688,718 (24.8%) 1.27 2,695
2021-01-01 $434,700 (24.0%) $713,471 (28.0%) 1.30 1,811
2021-02-01 $448,995 (23.4%) $746,139 (25.6%) 1.31 1,378
2021-03-01 $467,495 (24.7%) $727,886 (19.8%) 1.33 1,539
2021-04-01 $497,500 (34.5%) $747,378 (31.1%) 1.35 1,703
2021-05-01 $500,000 (31.6%) $755,795 (26.0%) 1.33 1,946
2021-06-01 $530,356 (34.3%) $767,401 (20.1%) 1.40 2,370
2021-07-01 $540,000 (36.2%) $760,714 (20.1%) 1.42 3,073
2021-08-01 $546,500 (36.6%) $747,818 (15.6%) 1.46 3,539
2021-09-01 $548,093 (31.9%) $753,641 (13.3%) 1.46 3,793
2021-10-01 $549,900 (30.9%) $760,746 (11.5%) 1.47 3,635
2021-11-01 $549,613 (30.2%) $772,566 (13.3%) 1.47 3,181
2021-12-01 $544,950 (27.4%) $772,520 (12.2%) 1.48 2,469
2022-01-01 $549,000 (26.3%) $807,691 (13.2%) 1.48 1,744
2022-02-01 $578,605 (28.9%) $874,846 (17.3%) 1.50 1,406
2022-03-01 $600,225 (28.4%) $911,598 (25.2%) 1.50 1,585
2022-04-01 $625,000 (25.6%) $940,567 (25.9%) 1.49 2,011
2022-05-01 $629,495 (25.9%) $907,288 (20.0%) 1.44 3,588
2022-06-01 $622,486 (17.4%) $873,003 (13.8%) 1.39 5,601
2022-07-01 $599,000 (10.9%) $854,347 (12.3%) 1.35 7,394
2022-08-01 $575,000 (5.2%) $825,755 (10.4%) 1.33 8,225
2022-09-01 $558,802 (2.0%) $805,776 (6.9%) 1.31 8,490
2022-10-01 $549,900 (0.0%) $800,230 (5.2%) 1.29 8,594
2022-11-01 $531,448 (-3.3%) $785,188 (1.6%) 1.28 8,322
2022-12-01 $526,880 (-3.3%) $777,812 (0.7%) 1.30 7,082
2023-01-01 $522,500 (-4.8%) $776,555 (-3.9%) 1.29 6,305
2023-02-01 $532,500 (-8.0%) $812,537 (-7.1%) 1.28 6,116
2023-03-01 $549,983 (-8.4%) $839,230 (-7.9%) 1.30 6,531
2023-04-01 $570,000 (-8.8%) $865,036 (-8.0%) 1.33 7,200
Austin's median listing price for 2023-04-01 was $570,000, a difference of $-55,000 (-8.8%) versus the prior year and $20,017 versus the prior month.

Austin's median listing price comes in at 133% of the national average.

Austin's average listing price for 2023-04-01 was $865,036, a difference of $-75,531 (-8.0%) versus the prior year and $25,806 versus the prior month.

For the 2023-04-01 period, Austin had 7,200 MLS listings, a difference of 669 listings (10%) versus the prior month and 5,189 listings (258%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Austin (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 75 days 2,253 sqft
2018-02-01 63 days 2,278 sqft
2018-03-01 45 days 2,306 sqft
2018-04-01 43 days 2,327 sqft
2018-05-01 43 days 2,313 sqft
2018-06-01 48 days 2,298 sqft
2018-07-01 51 days 2,274 sqft
2018-08-01 54 days 2,236 sqft
2018-09-01 58 days 2,213 sqft
2018-10-01 61 days 2,181 sqft
2018-11-01 65 days 2,173 sqft
2018-12-01 72 days 2,164 sqft
2019-01-01 79 days 2,144 sqft
2019-02-01 66 days 2,161 sqft
2019-03-01 49 days 2,202 sqft
2019-04-01 45 days 2,225 sqft
2019-05-01 45 days 2,219 sqft
2019-06-01 46 days 2,210 sqft
2019-07-01 50 days 2,199 sqft
2019-08-01 60 days 2,210 sqft
2019-09-01 68 days 2,194 sqft
2019-10-01 59 days 2,158 sqft
2019-11-01 63 days 2,150 sqft
2019-12-01 69 days 2,140 sqft
2020-01-01 72 days 2,145 sqft
2020-02-01 61 days 2,150 sqft
2020-03-01 45 days 2,154 sqft
2020-04-01 45 days 2,124 sqft
2020-05-01 53 days 2,150 sqft
2020-06-01 55 days 2,158 sqft
2020-07-01 49 days 2,116 sqft
2020-08-01 44 days 2,089 sqft
2020-09-01 50 days 2,067 sqft
2020-10-01 46 days 2,018 sqft
2020-11-01 47 days 1,968 sqft
2020-12-01 54 days 1,953 sqft
2021-01-01 55 days 1,938 sqft
2021-02-01 36 days 1,940 sqft
2021-03-01 27 days 2,028 sqft
2021-04-01 20 days 2,059 sqft
2021-05-01 22 days 2,069 sqft
2021-06-01 15 days 2,054 sqft
2021-07-01 17 days 2,088 sqft
2021-08-01 23 days 2,101 sqft
2021-09-01 28 days 2,102 sqft
2021-10-01 31 days 2,094 sqft
2021-11-01 37 days 2,103 sqft
2021-12-01 46 days 2,094 sqft
2022-01-01 46 days 2,088 sqft
2022-02-01 20 days 2,067 sqft
2022-03-01 15 days 2,071 sqft
2022-04-01 15 days 2,117 sqft
2022-05-01 16 days 2,120 sqft
2022-06-01 21 days 2,147 sqft
2022-07-01 30 days 2,101 sqft
2022-08-01 40 days 2,100 sqft
2022-09-01 51 days 2,083 sqft
2022-10-01 56 days 2,070 sqft
2022-11-01 60 days 2,049 sqft
2022-12-01 73 days 2,048 sqft
2023-01-01 80 days 2,044 sqft
2023-02-01 72 days 2,074 sqft
2023-03-01 52 days 2,093 sqft
2023-04-01 45 days 2,121 sqft
Austin's median listing age (time on market) for 2023-04-01 was 45 days. This is 200% longer than the same period one year ago.

Austin's median square footage for active listings during the 2023-04-01 period was 2,121 sqft. One year prior, the average listing was 2,117 sqft.

VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.