Bluefield VA Loan Rates, Closing Costs & Stats

Bluefield, WV-VA

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    • 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.

    Bluefield's 31 lenders originated 86 VA loans during 2023. The total origination value was $18,260,000, with an average VA loan value of $212,326.

    Bluefield VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Bluefield averaged 6.85% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Bluefield's average VA mortgage closing costs are $4,531.

    The average rate for the prior week (2025-02-07) was 6.68% and one month ago for the week of 2025-01-10, the average rate was 6.62%.

    The average rate one year ago was 6.54%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.23%.

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

    Bluefield 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 Bluefield level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 23 7.05% $3,169
    Atlantic Union Bank 7 6.84% $5,247
    MOVEMENT MORTGAGE, LLC 7 7.04% $6,794
    PRIMELENDING, A PLAINSCAPITAL COMPANY 6 6.75% $5,421
    USAA Federal Savings Bank 4 5.88% $9,084
    QUICKEN LOANS, LLC 4 5.87% $9,078
    Alcova Mortgage LLC 3 6.54% $4,436
    Truist 3 5.97% $3,691
    The Federal Savings Bank 2 6.19% $8,602
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 6.94% $3,357
    Sierra Pacific Mortgage Company, Inc. 2 5.63% $18,163
    GUARANTEED RATE, INC. 1 6.25% $4,761
    HOMESPIRE MORTGAGE CORPORATION 1 6.63% $9,279
    CARDINAL FINANCIAL 1 6.25% $2,503
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 8.25% $0
    BROKER SOLUTIONS, INC. 1 7.00% $4,600
    Mr. Cooper ( Nationstar Mortgage ) 1 6.50% $11,002
    NAVY FEDERAL CREDIT UNION 1 6.13% $3,947
    NEW DAY FINANCIAL, LLC 1 6.99% $6,892
    PENNYMAC LOAN SERVICES, LLC 1 5.50% $9,069
    PLANET HOME LENDING, LLC 1 6.50% $13,065
    Barrington Bank & Trust Company, N.A. 1 6.75% $4,888
    Renasant Bank 1 5.75% $7,590
    Waterstone Mortgage Corporation 1 6.13% $6,923
    UNION HOME MORTGAGE CORP. 1 7.00% $10,822
    UNITED WHOLESALE MORTGAGE, LLC 1 5.75% $13,561
    AMERISAVE MORTGAGE CORPORATION 1 6.25% $583
    EMM LOANS LLC 1 7.13% $7,364
    C & F Mortgage Corporation 1 6.63% $5,457
    First Heritage Mortgage, LLC 1 7.13% $3,273
    Gateway First Bank 1 6.75% $515

    The top Bluefield VA lender as defined by loan originations is Mortgage Research Center, LLC, with 23 VA loans originated. Their average total fees are $3,169, which is $2,078 lower than the next largest lender, Atlantic Union Bank.

    The lowest fee Bluefield VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($3,169), .

    The lowest rate Bluefield VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (7.05%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Bluefield (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 $121,150 (-2.9%) $166,837 (1.4%) 0.00 498
    2018-02-01 $119,900 (-4.0%) $169,604 (2.6%) 0.00 496
    2018-03-01 $119,900 (-4.0%) $171,323 (-0.7%) 0.00 497
    2018-04-01 $122,625 (-1.9%) $175,082 (1.9%) 0.00 482
    2018-05-01 $125,000 (0.7%) $175,048 (4.2%) 0.00 510
    2018-06-01 $124,900 (2.6%) $177,475 (5.6%) 0.00 530
    2018-07-01 $123,950 (0.4%) $177,622 (4.7%) 0.00 550
    2018-08-01 $127,125 (3.1%) $177,225 (5.4%) 0.00 557
    2018-09-01 $139,000 (11.3%) $186,377 (9.4%) 0.00 554
    2018-10-01 $132,850 (7.7%) $181,958 (7.1%) 0.00 554
    2018-11-01 $131,750 (8.2%) $184,342 (8.9%) 0.00 515
    2018-12-01 $130,000 (8.4%) $185,085 (10.6%) 0.00 490
    2019-01-01 $129,900 (7.2%) $184,838 (10.8%) 0.00 456
    2019-02-01 $129,900 (8.3%) $181,770 (7.2%) 0.00 436
    2019-03-01 $131,636 (9.8%) $167,754 (-2.1%) 0.00 454
    2019-04-01 $131,636 (7.4%) $163,044 (-6.9%) 0.00 478
    2019-05-01 $128,725 (3.0%) $160,910 (-8.1%) 0.00 493
    2019-06-01 $129,900 (4.0%) $164,365 (-7.4%) 0.00 515
    2019-07-01 $129,900 (4.8%) $163,568 (-7.9%) 0.00 545
    2019-08-01 $131,216 (3.2%) $166,172 (-6.2%) 0.00 543
    2019-09-01 $133,190 (-4.2%) $170,080 (-8.7%) 0.00 524
    2019-10-01 $134,506 (1.3%) $172,685 (-5.1%) 0.00 506
    2019-11-01 $132,500 (0.6%) $172,805 (-6.3%) 0.00 477
    2019-12-01 $129,900 (-0.1%) $170,123 (-8.1%) 0.00 433
    2020-01-01 $129,900 (0.0%) $168,671 (-8.8%) 0.00 412
    2020-02-01 $129,900 (0.0%) $171,919 (-5.4%) 0.00 416
    2020-03-01 $133,075 (1.1%) $177,468 (5.8%) 0.00 397
    2020-04-01 $134,675 (2.3%) $182,387 (11.9%) 0.00 377
    2020-05-01 $134,950 (4.8%) $186,981 (16.2%) 0.00 343
    2020-06-01 $139,900 (7.7%) $184,515 (12.3%) 0.00 329
    2020-07-01 $135,950 (4.7%) $190,289 (16.3%) 0.00 312
    2020-08-01 $139,900 (6.6%) $208,845 (25.7%) 0.00 282
    2020-09-01 $149,000 (11.9%) $216,544 (27.3%) 0.00 277
    2020-10-01 $149,950 (11.5%) $222,538 (28.9%) 0.00 284
    2020-11-01 $149,900 (13.1%) $214,098 (23.9%) 0.00 283
    2020-12-01 $145,000 (11.6%) $201,282 (18.3%) 0.00 267
    2021-01-01 $149,900 (15.4%) $206,836 (22.6%) 0.00 248
    2021-02-01 $149,375 (15.0%) $206,104 (19.9%) 0.00 225
    2021-03-01 $150,500 (13.1%) $210,644 (18.7%) 0.00 204
    2021-04-01 $153,725 (14.2%) $221,383 (21.4%) 0.00 193
    2021-05-01 $142,000 (5.2%) $233,717 (25.0%) 0.00 197
    2021-06-01 $135,000 (-3.5%) $240,327 (30.3%) 0.00 178
    2021-07-01 $139,900 (2.9%) $241,386 (26.9%) 0.00 183
    2021-08-01 $136,000 (-2.8%) $236,674 (13.3%) 0.00 185
    2021-09-01 $134,975 (-9.4%) $229,419 (6.0%) 0.00 180
    2021-10-01 $134,450 (-10.3%) $216,236 (-2.8%) 0.00 175
    2021-11-01 $138,450 (-7.6%) $229,326 (7.1%) 0.00 163
    2021-12-01 $139,900 (-3.5%) $232,798 (15.7%) 0.00 151
    2022-01-01 $139,900 (-6.7%) $230,773 (11.6%) 0.00 135
    2022-02-01 $148,000 (-0.9%) $246,381 (19.5%) 0.00 121
    2022-03-01 $141,950 (-5.7%) $251,106 (19.2%) 0.00 106
    2022-04-01 $144,900 (-5.7%) $239,744 (8.3%) 0.00 110
    2022-05-01 $151,000 (6.3%) $239,037 (2.3%) 0.00 123
    2022-06-01 $150,925 (11.8%) $236,741 (-1.5%) 0.00 132
    2022-07-01 $144,900 (3.6%) $238,438 (-1.2%) 0.00 152
    2022-08-01 $149,900 (10.2%) $236,920 (0.1%) 0.00 155
    2022-09-01 $154,475 (14.5%) $238,501 (4.0%) 0.00 153
    2022-10-01 $165,450 (23.1%) $236,146 (9.2%) 0.00 151
    2022-11-01 $154,950 (11.9%) $221,515 (-3.4%) 0.00 151
    2022-12-01 $162,400 (16.1%) $249,159 (7.0%) 0.00 154
    2023-01-01 $163,950 (17.2%) $247,515 (7.3%) 0.00 133
    2023-02-01 $177,000 (19.6%) $270,282 (9.7%) 0.00 119
    2023-03-01 $149,900 (5.6%) $260,486 (3.7%) 0.00 111
    2023-04-01 $169,000 (16.6%) $251,406 (4.9%) 0.00 102
    2023-05-01 $179,950 (19.2%) $272,091 (13.8%) 0.00 91
    2023-06-01 $179,225 (18.8%) $271,375 (14.6%) 0.00 109
    2023-07-01 $176,950 (22.1%) $283,525 (18.9%) 0.00 144
    2023-08-01 $172,975 (15.4%) $301,165 (27.1%) 0.00 164
    2023-09-01 $172,500 (11.7%) $333,994 (40.0%) 0.00 165
    2023-10-01 $169,975 (2.7%) $332,128 (40.6%) 0.00 169
    2023-11-01 $175,425 (13.2%) $285,857 (29.1%) 0.00 161
    2023-12-01 $189,900 (16.9%) $296,918 (19.2%) 0.00 153
    2024-01-01 $179,475 (9.5%) $252,231 (1.9%) 0.00 160
    2024-02-01 $182,125 (2.9%) $240,672 (-11.0%) 0.00 148
    2024-03-01 $192,500 (28.4%) $259,688 (-0.3%) 0.00 146
    2024-04-01 $191,200 (13.1%) $259,268 (3.1%) 0.00 151
    2024-05-01 $189,900 (5.5%) $260,532 (-4.3%) 0.00 142
    2024-06-01 $180,000 (0.4%) $288,292 (6.2%) 0.00 152
    2024-07-01 $196,375 (11.0%) $302,737 (6.8%) 0.00 175
    2024-08-01 $169,450 (-2.0%) $291,552 (-3.2%) 0.00 195
    2024-09-01 $172,225 (-0.2%) $277,218 (-17.0%) 0.00 188
    2024-10-01 $172,000 (1.2%) $274,233 (-17.4%) 0.00 195
    2024-11-01 $188,000 (7.2%) $276,183 (-3.4%) 0.00 202
    2024-12-01 $181,150 (-4.6%) $273,358 (-7.9%) 0.00 204
    2025-01-01 $180,825 (0.8%) $280,965 (11.4%) 0.00 186
    Bluefield's median listing price for 2025-01-01 was $180,825, a difference of $1,350 (0.8%) versus the prior year and $-325 versus the prior month.

    Bluefield's median listing price comes in at 0% of the national average.

    Bluefield's average listing price for 2025-01-01 was $280,965, a difference of $28,734 (11.4%) versus the prior year and $7,607 versus the prior month.

    For the 2025-01-01 period, Bluefield had 186 MLS listings, a difference of -18 listings (-9%) versus the prior month and 26 listings (16%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Bluefield (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,646 sqft
    2018-02-01 0 days 1,642 sqft
    2018-03-01 0 days 1,644 sqft
    2018-04-01 0 days 1,644 sqft
    2018-05-01 0 days 1,650 sqft
    2018-06-01 0 days 1,680 sqft
    2018-07-01 0 days 1,669 sqft
    2018-08-01 0 days 1,680 sqft
    2018-09-01 0 days 1,727 sqft
    2018-10-01 0 days 1,697 sqft
    2018-11-01 0 days 1,681 sqft
    2018-12-01 0 days 1,662 sqft
    2019-01-01 0 days 1,657 sqft
    2019-02-01 0 days 1,674 sqft
    2019-03-01 0 days 1,648 sqft
    2019-04-01 0 days 1,645 sqft
    2019-05-01 0 days 1,655 sqft
    2019-06-01 0 days 1,666 sqft
    2019-07-01 0 days 1,680 sqft
    2019-08-01 0 days 1,694 sqft
    2019-09-01 0 days 1,698 sqft
    2019-10-01 0 days 1,701 sqft
    2019-11-01 0 days 1,694 sqft
    2019-12-01 0 days 1,637 sqft
    2020-01-01 0 days 1,670 sqft
    2020-02-01 0 days 1,670 sqft
    2020-03-01 0 days 1,699 sqft
    2020-04-01 0 days 1,703 sqft
    2020-05-01 0 days 1,752 sqft
    2020-06-01 0 days 1,746 sqft
    2020-07-01 0 days 1,728 sqft
    2020-08-01 0 days 1,768 sqft
    2020-09-01 0 days 1,815 sqft
    2020-10-01 0 days 1,794 sqft
    2020-11-01 0 days 1,779 sqft
    2020-12-01 0 days 1,785 sqft
    2021-01-01 0 days 1,818 sqft
    2021-02-01 0 days 1,798 sqft
    2021-03-01 0 days 1,824 sqft
    2021-04-01 0 days 1,837 sqft
    2021-05-01 0 days 1,800 sqft
    2021-06-01 0 days 1,712 sqft
    2021-07-01 0 days 1,729 sqft
    2021-08-01 0 days 1,727 sqft
    2021-09-01 0 days 1,745 sqft
    2021-10-01 0 days 1,624 sqft
    2021-11-01 0 days 1,770 sqft
    2021-12-01 0 days 1,724 sqft
    2022-01-01 0 days 1,671 sqft
    2022-02-01 0 days 1,774 sqft
    2022-03-01 0 days 1,853 sqft
    2022-04-01 0 days 1,802 sqft
    2022-05-01 0 days 1,806 sqft
    2022-06-01 0 days 1,777 sqft
    2022-07-01 0 days 1,704 sqft
    2022-08-01 0 days 1,774 sqft
    2022-09-01 0 days 1,704 sqft
    2022-10-01 0 days 1,816 sqft
    2022-11-01 0 days 1,749 sqft
    2022-12-01 0 days 1,796 sqft
    2023-01-01 0 days 1,778 sqft
    2023-02-01 0 days 1,841 sqft
    2023-03-01 0 days 1,699 sqft
    2023-04-01 0 days 1,734 sqft
    2023-05-01 0 days 1,992 sqft
    2023-06-01 0 days 2,006 sqft
    2023-07-01 0 days 1,860 sqft
    2023-08-01 0 days 1,931 sqft
    2023-09-01 0 days 1,943 sqft
    2023-10-01 0 days 1,813 sqft
    2023-11-01 0 days 1,854 sqft
    2023-12-01 0 days 1,884 sqft
    2024-01-01 0 days 1,763 sqft
    2024-02-01 0 days 1,763 sqft
    2024-03-01 0 days 1,828 sqft
    2024-04-01 0 days 1,881 sqft
    2024-05-01 0 days 1,929 sqft
    2024-06-01 0 days 1,776 sqft
    2024-07-01 0 days 1,825 sqft
    2024-08-01 0 days 1,700 sqft
    2024-09-01 0 days 1,752 sqft
    2024-10-01 0 days 1,658 sqft
    2024-11-01 0 days 1,690 sqft
    2024-12-01 0 days 1,657 sqft
    2025-01-01 0 days 1,622 sqft
    Bluefield's median listing age (time on market) for 2025-01-01 was 0 days.

    Bluefield's median square footage for active listings during the 2025-01-01 period was 1,622 sqft. One year prior, the average listing was 1,763 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.