Bennington VA Loan Rates, Closing Costs & Stats
Bennington, VT
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.
Bennington's 9 lenders originated 21 VA loans during 2023. The total origination value was $6,765,000, with an average VA loan value of $322,143.
Bennington VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Bennington
averaged
7.1%
for the week of 2024-04-19, compared to the national average (all VA variants) of
6.758% for the same period.
Bennington's average VA mortgage closing costs are $5,555.
The average rate for the prior week (2024-04-12) was
6.53% and
one month ago for the week of 2024-03-15, the
average rate was 6.39%.
The average rate one year ago was 6.08%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.96%.
Bennington 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 Bennington level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Mortgage Research Center, LLC | 10 | 6.86% | $5,154 |
| QUICKEN LOANS, LLC | 3 | 6.25% | $8,516 |
| LOANDEPOT.COM, LLC | 2 | 4.99% | $21,838 |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | 1 | 5.50% | $6,344 |
| RELIANCE FIRST CAPITAL, LLC | 1 | 6.00% | $6,497 |
| Adams Community Bank | 1 | 6.13% | $4,624 |
| The Federal Savings Bank | 1 | 6.50% | $17,092 |
| CARDINAL FINANCIAL | 1 | 6.75% | $8,331 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 6.75% | $18,992 |
The top Bennington VA lender as defined by loan originations is Mortgage Research Center, LLC, with
10 VA loans originated. Their average total fees are
$5,154, which is $3,361
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Bennington VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($5,154), .
The lowest rate Bennington VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC (6.86%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Bennington (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 | $330,250 (7.6%) | $468,924 (2.9%) | 0.00 | 487 |
| 2018-02-01 | $335,000 (7.3%) | $475,937 (3.2%) | 0.00 | 469 |
| 2018-03-01 | $335,000 (5.7%) | $467,470 (1.4%) | 0.00 | 468 |
| 2018-04-01 | $327,000 (2.2%) | $460,026 (-0.9%) | 0.00 | 470 |
| 2018-05-01 | $321,375 (1.4%) | $452,995 (-2.2%) | 0.00 | 480 |
| 2018-06-01 | $328,800 (6.2%) | $448,591 (-2.1%) | 0.00 | 519 |
| 2018-07-01 | $332,350 (4.2%) | $449,029 (-3.6%) | 0.00 | 546 |
| 2018-08-01 | $329,750 (3.4%) | $458,917 (-1.2%) | 0.00 | 560 |
| 2018-09-01 | $334,900 (3.1%) | $473,383 (2.5%) | 0.00 | 546 |
| 2018-10-01 | $337,000 (0.6%) | $476,226 (1.9%) | 0.00 | 551 |
| 2018-11-01 | $329,000 (-0.6%) | $467,665 (-0.8%) | 0.00 | 524 |
| 2018-12-01 | $334,900 (1.6%) | $479,946 (2.4%) | 0.00 | 488 |
| 2019-01-01 | $341,950 (3.5%) | $474,728 (1.2%) | 0.00 | 456 |
| 2019-02-01 | $344,925 (3.0%) | $468,532 (-1.6%) | 0.00 | 452 |
| 2019-03-01 | $345,264 (3.1%) | $479,964 (2.7%) | 0.00 | 436 |
| 2019-04-01 | $341,975 (4.6%) | $486,582 (5.8%) | 0.00 | 424 |
| 2019-05-01 | $332,000 (3.3%) | $467,493 (3.2%) | 0.00 | 425 |
| 2019-06-01 | $329,900 (0.3%) | $465,569 (3.8%) | 0.00 | 435 |
| 2019-07-01 | $345,000 (3.8%) | $483,805 (7.7%) | 0.00 | 472 |
| 2019-08-01 | $346,336 (5.0%) | $494,201 (7.7%) | 0.00 | 460 |
| 2019-09-01 | $348,341 (4.0%) | $500,484 (5.7%) | 0.00 | 441 |
| 2019-10-01 | $349,677 (3.8%) | $501,743 (5.4%) | 0.00 | 427 |
| 2019-11-01 | $349,900 (6.4%) | $500,664 (7.1%) | 0.00 | 399 |
| 2019-12-01 | $349,675 (4.4%) | $507,398 (5.7%) | 0.00 | 388 |
| 2020-01-01 | $345,500 (1.0%) | $497,531 (4.8%) | 0.00 | 371 |
| 2020-02-01 | $339,000 (-1.7%) | $495,739 (5.8%) | 0.00 | 352 |
| 2020-03-01 | $348,125 (0.8%) | $515,443 (7.4%) | 0.00 | 340 |
| 2020-04-01 | $349,475 (2.2%) | $530,920 (9.1%) | 0.00 | 318 |
| 2020-05-01 | $349,000 (5.1%) | $521,910 (11.6%) | 0.00 | 309 |
| 2020-06-01 | $348,825 (5.7%) | $524,817 (12.7%) | 0.00 | 297 |
| 2020-07-01 | $349,450 (1.3%) | $569,294 (17.7%) | 0.00 | 288 |
| 2020-08-01 | $379,900 (9.7%) | $606,470 (22.7%) | 0.00 | 254 |
| 2020-09-01 | $398,775 (14.5%) | $607,654 (21.4%) | 0.00 | 225 |
| 2020-10-01 | $395,000 (13.0%) | $622,991 (24.2%) | 0.00 | 203 |
| 2020-11-01 | $423,250 (21.0%) | $695,596 (38.9%) | 0.00 | 167 |
| 2020-12-01 | $439,500 (25.7%) | $716,684 (41.3%) | 0.00 | 158 |
| 2021-01-01 | $404,000 (16.9%) | $704,212 (41.5%) | 0.00 | 144 |
| 2021-02-01 | $362,450 (6.9%) | $674,224 (36.0%) | 0.00 | 129 |
| 2021-03-01 | $387,500 (11.3%) | $707,467 (37.3%) | 0.00 | 111 |
| 2021-04-01 | $424,000 (21.3%) | $737,061 (38.8%) | 0.00 | 106 |
| 2021-05-01 | $492,000 (41.0%) | $750,453 (43.8%) | 0.00 | 111 |
| 2021-06-01 | $477,000 (36.7%) | $751,521 (43.2%) | 0.00 | 128 |
| 2021-07-01 | $434,000 (24.2%) | $734,674 (29.1%) | 0.00 | 135 |
| 2021-08-01 | $434,750 (14.4%) | $724,792 (19.5%) | 0.00 | 131 |
| 2021-09-01 | $437,500 (9.7%) | $701,754 (15.5%) | 0.00 | 134 |
| 2021-10-01 | $449,900 (13.9%) | $720,247 (15.6%) | 0.00 | 108 |
| 2021-11-01 | $449,000 (6.1%) | $675,807 (-2.8%) | 0.00 | 89 |
| 2021-12-01 | $428,750 (-2.5%) | $676,423 (-5.6%) | 0.00 | 77 |
| 2022-01-01 | $425,000 (5.2%) | $708,442 (0.6%) | 0.00 | 59 |
| 2022-02-01 | $449,950 (24.1%) | $717,520 (6.4%) | 0.00 | 55 |
| 2022-03-01 | $437,425 (12.9%) | $696,894 (-1.5%) | 0.00 | 55 |
| 2022-04-01 | $450,000 (6.1%) | $757,228 (2.7%) | 0.00 | 57 |
| 2022-05-01 | $462,000 (-6.1%) | $818,981 (9.1%) | 0.00 | 73 |
| 2022-06-01 | $467,000 (-2.1%) | $844,626 (12.4%) | 0.00 | 102 |
| 2022-07-01 | $499,000 (15.0%) | $843,383 (14.8%) | 0.00 | 121 |
| 2022-08-01 | $549,500 (26.4%) | $895,507 (23.6%) | 0.00 | 109 |
| 2022-09-01 | $550,000 (25.7%) | $941,175 (34.1%) | 0.00 | 100 |
| 2022-10-01 | $507,000 (12.7%) | $859,487 (19.3%) | 0.00 | 98 |
| 2022-11-01 | $476,000 (6.0%) | $833,164 (23.3%) | 0.00 | 85 |
| 2022-12-01 | $479,000 (11.7%) | $817,594 (20.9%) | 0.00 | 77 |
| 2023-01-01 | $491,000 (15.5%) | $839,126 (18.5%) | 0.00 | 73 |
| 2023-02-01 | $566,000 (25.8%) | $886,082 (23.5%) | 0.00 | 63 |
| 2023-03-01 | $477,000 (9.1%) | $831,966 (19.4%) | 0.00 | 58 |
| 2023-04-01 | $464,000 (3.1%) | $850,183 (12.3%) | 0.00 | 54 |
| 2023-05-01 | $570,000 (23.4%) | $906,117 (10.6%) | 0.00 | 58 |
| 2023-06-01 | $609,125 (30.4%) | $995,876 (17.9%) | 0.00 | 62 |
| 2023-07-01 | $569,000 (14.0%) | $870,825 (3.3%) | 0.00 | 72 |
| 2023-08-01 | $571,750 (4.1%) | $906,093 (1.2%) | 0.00 | 72 |
| 2023-09-01 | $575,000 (4.6%) | $865,680 (-8.0%) | 0.00 | 89 |
| 2023-10-01 | $579,450 (14.3%) | $949,311 (10.5%) | 0.00 | 96 |
| 2023-11-01 | $550,000 (15.6%) | $1,011,265 (21.4%) | 0.00 | 90 |
| 2023-12-01 | $612,000 (27.8%) | $1,064,126 (30.2%) | 0.00 | 84 |
| 2024-01-01 | $699,000 (42.4%) | $1,099,900 (31.1%) | 0.00 | 80 |
| 2024-02-01 | $705,500 (24.7%) | $1,101,987 (24.4%) | 0.00 | 78 |
| 2024-03-01 | $725,000 (52.0%) | $1,051,957 (26.4%) | 0.00 | 68 |
Bennington's median listing price comes in at 0% of the national average.
Bennington's average listing price for 2024-03-01 was $1,051,957, a difference of $219,991 (26.4%) versus the prior year and $-50,030 versus the prior month.
For the 2024-03-01 period, Bennington had 68 MLS listings, a difference of -10 listings (-13%) versus the prior month and 10 listings (17%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Bennington (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,330 sqft |
| 2018-02-01 | 0 days | 2,337 sqft |
| 2018-03-01 | 0 days | 2,335 sqft |
| 2018-04-01 | 0 days | 2,305 sqft |
| 2018-05-01 | 0 days | 2,318 sqft |
| 2018-06-01 | 0 days | 2,342 sqft |
| 2018-07-01 | 0 days | 2,392 sqft |
| 2018-08-01 | 0 days | 2,414 sqft |
| 2018-09-01 | 0 days | 2,424 sqft |
| 2018-10-01 | 0 days | 2,449 sqft |
| 2018-11-01 | 0 days | 2,422 sqft |
| 2018-12-01 | 0 days | 2,490 sqft |
| 2019-01-01 | 0 days | 2,491 sqft |
| 2019-02-01 | 0 days | 2,466 sqft |
| 2019-03-01 | 0 days | 2,474 sqft |
| 2019-04-01 | 0 days | 2,480 sqft |
| 2019-05-01 | 0 days | 2,412 sqft |
| 2019-06-01 | 0 days | 2,400 sqft |
| 2019-07-01 | 0 days | 2,451 sqft |
| 2019-08-01 | 0 days | 2,436 sqft |
| 2019-09-01 | 0 days | 2,444 sqft |
| 2019-10-01 | 0 days | 2,440 sqft |
| 2019-11-01 | 0 days | 2,419 sqft |
| 2019-12-01 | 0 days | 2,404 sqft |
| 2020-01-01 | 0 days | 2,375 sqft |
| 2020-02-01 | 0 days | 2,396 sqft |
| 2020-03-01 | 0 days | 2,476 sqft |
| 2020-04-01 | 0 days | 2,476 sqft |
| 2020-05-01 | 0 days | 2,436 sqft |
| 2020-06-01 | 0 days | 2,446 sqft |
| 2020-07-01 | 0 days | 2,456 sqft |
| 2020-08-01 | 0 days | 2,553 sqft |
| 2020-09-01 | 0 days | 2,460 sqft |
| 2020-10-01 | 0 days | 2,388 sqft |
| 2020-11-01 | 0 days | 2,650 sqft |
| 2020-12-01 | 0 days | 2,597 sqft |
| 2021-01-01 | 0 days | 2,517 sqft |
| 2021-02-01 | 0 days | 2,327 sqft |
| 2021-03-01 | 0 days | 2,393 sqft |
| 2021-04-01 | 0 days | 2,400 sqft |
| 2021-05-01 | 0 days | 2,529 sqft |
| 2021-06-01 | 0 days | 2,484 sqft |
| 2021-07-01 | 0 days | 2,395 sqft |
| 2021-08-01 | 0 days | 2,342 sqft |
| 2021-09-01 | 0 days | 2,344 sqft |
| 2021-10-01 | 0 days | 2,360 sqft |
| 2021-11-01 | 0 days | 2,208 sqft |
| 2021-12-01 | 0 days | 2,167 sqft |
| 2022-01-01 | 0 days | 2,322 sqft |
| 2022-02-01 | 0 days | 2,305 sqft |
| 2022-03-01 | 0 days | 1,930 sqft |
| 2022-04-01 | 0 days | 2,012 sqft |
| 2022-05-01 | 0 days | 2,207 sqft |
| 2022-06-01 | 0 days | 2,283 sqft |
| 2022-07-01 | 0 days | 2,476 sqft |
| 2022-08-01 | 0 days | 2,582 sqft |
| 2022-09-01 | 0 days | 2,584 sqft |
| 2022-10-01 | 0 days | 2,543 sqft |
| 2022-11-01 | 0 days | 2,359 sqft |
| 2022-12-01 | 0 days | 2,350 sqft |
| 2023-01-01 | 0 days | 2,441 sqft |
| 2023-02-01 | 0 days | 2,665 sqft |
| 2023-03-01 | 0 days | 2,502 sqft |
| 2023-04-01 | 0 days | 2,496 sqft |
| 2023-05-01 | 0 days | 2,771 sqft |
| 2023-06-01 | 0 days | 2,910 sqft |
| 2023-07-01 | 0 days | 2,920 sqft |
| 2023-08-01 | 0 days | 2,948 sqft |
| 2023-09-01 | 0 days | 2,588 sqft |
| 2023-10-01 | 0 days | 2,689 sqft |
| 2023-11-01 | 0 days | 2,660 sqft |
| 2023-12-01 | 0 days | 2,701 sqft |
| 2024-01-01 | 0 days | 2,726 sqft |
| 2024-02-01 | 0 days | 2,730 sqft |
| 2024-03-01 | 0 days | 2,774 sqft |
Bennington's median square footage for active listings during the 2024-03-01 period was 2,774 sqft. One year prior, the average listing was 2,502 sqft.