Bowling Green VA Loan Rates, Closing Costs & Stats
BOWLING GREEN, KY
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.
Bowling Green's 53 lenders originated 183 VA loans during 2023. The total origination value was $51,425,000, with an average VA loan value of $281,011.
Bowling Green VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Bowling Green
averaged
0.37%
for the week of 2024-11-29, compared to the national average (all VA variants) of
0% for the same period.
Bowling Green's average VA mortgage closing costs are $5,254.
The average rate for the prior week (2024-11-22) was
6.43% and
one month ago for the week of 2024-10-25, the
average rate was 6.53%.
The average rate one year ago was 6.97%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0.54%.
Bowling Green 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 Bowling Green level.
The top Bowling Green VA lender as defined by loan originations is Mortgage Research Center, LLC, with
43 VA loans originated. Their average total fees are
$5,642, which is $198
lower than the next largest lender,
ATLANTIC BAY MORTGAGE GROUP, L.L.C..
The lowest fee Bowling Green VA lenders (with over 10 loans originated) are
NAVY FEDERAL CREDIT UNION ($4,076), Mortgage Research Center, LLC ($5,642), ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($5,840), QUICKEN LOANS, LLC ($12,325) and .
The lowest rate Bowling Green VA lenders (with over 10 loans originated) are
NAVY FEDERAL CREDIT UNION (5.91%), QUICKEN LOANS, LLC (6.29%), ATLANTIC BAY MORTGAGE GROUP, L.L.C. (6.70%), Mortgage Research Center, LLC (6.78%) and .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Bowling Green (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 | $227,200 (0.8%) | $291,935 (2.1%) | 0.84 | 571 |
2018-02-01 | $236,975 (2.0%) | $295,196 (-0.4%) | 0.86 | 558 |
2018-03-01 | $239,700 (-2.1%) | $292,642 (-2.9%) | 0.84 | 571 |
2018-04-01 | $239,900 (-1.5%) | $298,927 (0.0%) | 0.81 | 587 |
2018-05-01 | $240,684 (-2.4%) | $303,038 (0.2%) | 0.80 | 628 |
2018-06-01 | $257,250 (1.9%) | $309,645 (-0.2%) | 0.86 | 642 |
2018-07-01 | $268,250 (7.3%) | $319,331 (6.7%) | 0.90 | 657 |
2018-08-01 | $269,900 (8.0%) | $322,644 (5.9%) | 0.90 | 695 |
2018-09-01 | $264,900 (10.4%) | $318,026 (4.2%) | 0.89 | 717 |
2018-10-01 | $257,450 (8.7%) | $308,613 (1.2%) | 0.87 | 754 |
2018-11-01 | $249,900 (9.5%) | $300,269 (0.6%) | 0.85 | 778 |
2018-12-01 | $249,900 (14.1%) | $303,103 (4.5%) | 0.86 | 747 |
2019-01-01 | $254,900 (12.2%) | $305,684 (4.7%) | 0.88 | 661 |
2019-02-01 | $258,550 (9.1%) | $306,460 (3.8%) | 0.87 | 683 |
2019-03-01 | $264,186 (10.2%) | $312,894 (6.9%) | 0.86 | 682 |
2019-04-01 | $266,735 (11.2%) | $313,952 (5.0%) | 0.85 | 703 |
2019-05-01 | $269,900 (12.1%) | $314,092 (3.7%) | 0.84 | 743 |
2019-06-01 | $269,900 (4.9%) | $308,976 (-0.2%) | 0.84 | 763 |
2019-07-01 | $261,677 (-2.5%) | $299,888 (-6.1%) | 0.82 | 789 |
2019-08-01 | $253,536 (-6.1%) | $293,995 (-8.9%) | 0.80 | 790 |
2019-09-01 | $251,491 (-5.1%) | $289,568 (-9.0%) | 0.80 | 796 |
2019-10-01 | $249,900 (-2.9%) | $287,917 (-6.7%) | 0.81 | 807 |
2019-11-01 | $249,700 (-0.1%) | $290,924 (-3.1%) | 0.82 | 822 |
2019-12-01 | $249,900 (0.0%) | $299,469 (-1.2%) | 0.83 | 689 |
2020-01-01 | $252,900 (-0.8%) | $299,539 (-2.0%) | 0.85 | 630 |
2020-02-01 | $259,900 (0.5%) | $304,698 (-0.6%) | 0.85 | 613 |
2020-03-01 | $261,450 (-1.0%) | $311,228 (-0.5%) | 0.82 | 587 |
2020-04-01 | $259,400 (-2.8%) | $306,893 (-2.3%) | 0.81 | 600 |
2020-05-01 | $259,900 (-3.7%) | $306,493 (-2.4%) | 0.79 | 578 |
2020-06-01 | $264,175 (-2.1%) | $318,364 (3.0%) | 0.78 | 523 |
2020-07-01 | $269,900 (3.1%) | $321,047 (7.1%) | 0.78 | 474 |
2020-08-01 | $269,900 (6.5%) | $325,646 (10.8%) | 0.77 | 442 |
2020-09-01 | $268,250 (6.7%) | $336,088 (16.1%) | 0.77 | 415 |
2020-10-01 | $264,900 (6.0%) | $335,450 (16.5%) | 0.76 | 386 |
2020-11-01 | $244,725 (-2.0%) | $304,672 (4.7%) | 0.72 | 399 |
2020-12-01 | $239,900 (-4.0%) | $299,780 (0.1%) | 0.71 | 383 |
2021-01-01 | $249,900 (-1.2%) | $306,925 (2.5%) | 0.75 | 337 |
2021-02-01 | $249,225 (-4.1%) | $304,296 (-0.1%) | 0.73 | 282 |
2021-03-01 | $253,675 (-3.0%) | $311,208 (0.0%) | 0.72 | 287 |
2021-04-01 | $262,400 (1.2%) | $328,906 (7.2%) | 0.71 | 229 |
2021-05-01 | $269,900 (3.9%) | $353,921 (15.5%) | 0.72 | 224 |
2021-06-01 | $264,900 (0.3%) | $356,860 (12.1%) | 0.70 | 236 |
2021-07-01 | $269,900 (0.0%) | $370,869 (15.5%) | 0.71 | 285 |
2021-08-01 | $285,950 (6.0%) | $372,077 (14.3%) | 0.76 | 319 |
2021-09-01 | $283,725 (5.8%) | $370,990 (10.4%) | 0.76 | 345 |
2021-10-01 | $284,950 (7.6%) | $376,185 (12.1%) | 0.76 | 359 |
2021-11-01 | $296,450 (21.1%) | $381,667 (25.3%) | 0.79 | 360 |
2021-12-01 | $299,225 (24.7%) | $381,791 (27.4%) | 0.81 | 314 |
2022-01-01 | $289,900 (16.0%) | $378,813 (23.4%) | 0.78 | 254 |
2022-02-01 | $297,950 (19.6%) | $372,264 (22.3%) | 0.77 | 226 |
2022-03-01 | $298,675 (17.7%) | $397,300 (27.7%) | 0.75 | 187 |
2022-04-01 | $309,900 (18.1%) | $405,316 (23.2%) | 0.74 | 199 |
2022-05-01 | $305,200 (13.1%) | $402,446 (13.7%) | 0.70 | 224 |
2022-06-01 | $324,900 (22.7%) | $401,342 (12.5%) | 0.72 | 269 |
2022-07-01 | $329,900 (22.2%) | $395,778 (6.7%) | 0.74 | 354 |
2022-08-01 | $333,406 (16.6%) | $397,987 (7.0%) | 0.77 | 355 |
2022-09-01 | $338,088 (19.2%) | $399,354 (7.7%) | 0.79 | 358 |
2022-10-01 | $336,900 (18.2%) | $409,060 (8.7%) | 0.79 | 398 |
2022-11-01 | $329,795 (11.3%) | $658,635 (72.6%) | 0.79 | 436 |
2022-12-01 | $322,900 (7.9%) | $393,624 (3.1%) | 0.80 | 419 |
2023-01-01 | $318,900 (10.0%) | $392,072 (3.5%) | 0.79 | 385 |
2023-02-01 | $332,400 (11.6%) | $397,890 (6.9%) | 0.80 | 399 |
2023-03-01 | $331,200 (10.9%) | $401,671 (1.1%) | 0.78 | 406 |
2023-04-01 | $339,700 (9.6%) | $406,963 (0.4%) | 0.79 | 406 |
2023-05-01 | $346,950 (13.7%) | $422,286 (4.9%) | 0.79 | 421 |
2023-06-01 | $353,647 (8.9%) | $428,433 (6.8%) | 0.79 | 466 |
2023-07-01 | $345,000 (4.6%) | $422,260 (6.7%) | 0.78 | 491 |
2023-08-01 | $337,400 (1.2%) | $413,040 (3.8%) | 0.77 | 525 |
2023-09-01 | $324,900 (-3.9%) | $400,513 (0.3%) | 0.76 | 548 |
2023-10-01 | $326,450 (-3.1%) | $393,743 (-3.7%) | 0.77 | 574 |
2023-11-01 | $319,175 (-3.2%) | $383,312 (-41.8%) | 0.76 | 594 |
2023-12-01 | $305,000 (-5.5%) | $369,627 (-6.1%) | 0.74 | 602 |
2024-01-01 | $309,400 (-3.0%) | $366,833 (-6.4%) | 0.76 | 571 |
2024-02-01 | $309,900 (-6.8%) | $371,778 (-6.6%) | 0.75 | 584 |
2024-03-01 | $314,950 (-4.9%) | $385,897 (-3.9%) | 0.74 | 597 |
2024-04-01 | $324,650 (-4.4%) | $394,895 (-3.0%) | 0.76 | 623 |
2024-05-01 | $324,950 (-6.3%) | $398,206 (-5.7%) | 0.73 | 621 |
2024-06-01 | $324,900 (-8.1%) | $393,523 (-8.2%) | 0.73 | 659 |
2024-07-01 | $322,450 (-6.5%) | $385,087 (-8.8%) | 0.74 | 710 |
2024-08-01 | $315,000 (-6.6%) | $383,984 (-7.0%) | 0.73 | 731 |
2024-09-01 | $315,000 (-3.1%) | $381,997 (-4.6%) | 0.74 | 764 |
2024-10-01 | $314,925 (-3.5%) | $378,004 (-4.0%) | 0.74 | 774 |
Bowling Green's median listing price comes in at 74% of the national average.
Bowling Green's average listing price for 2024-10-01 was $378,004, a difference of $-15,739 (-4.0%) versus the prior year and $-3,993 versus the prior month.
For the 2024-10-01 period, Bowling Green had 774 MLS listings, a difference of 10 listings (1%) versus the prior month and 200 listings (35%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Bowling Green (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 94 days | 2,001 sqft |
2018-02-01 | 94 days | 2,005 sqft |
2018-03-01 | 67 days | 2,003 sqft |
2018-04-01 | 60 days | 2,054 sqft |
2018-05-01 | 59 days | 2,070 sqft |
2018-06-01 | 54 days | 2,165 sqft |
2018-07-01 | 58 days | 2,212 sqft |
2018-08-01 | 61 days | 2,282 sqft |
2018-09-01 | 68 days | 2,250 sqft |
2018-10-01 | 71 days | 2,194 sqft |
2018-11-01 | 73 days | 2,122 sqft |
2018-12-01 | 85 days | 2,100 sqft |
2019-01-01 | 88 days | 2,100 sqft |
2019-02-01 | 87 days | 2,100 sqft |
2019-03-01 | 81 days | 2,147 sqft |
2019-04-01 | 74 days | 2,171 sqft |
2019-05-01 | 63 days | 2,176 sqft |
2019-06-01 | 59 days | 2,180 sqft |
2019-07-01 | 61 days | 2,161 sqft |
2019-08-01 | 62 days | 2,092 sqft |
2019-09-01 | 66 days | 2,067 sqft |
2019-10-01 | 68 days | 2,054 sqft |
2019-11-01 | 71 days | 2,036 sqft |
2019-12-01 | 81 days | 2,014 sqft |
2020-01-01 | 95 days | 2,017 sqft |
2020-02-01 | 99 days | 2,049 sqft |
2020-03-01 | 76 days | 2,076 sqft |
2020-04-01 | 68 days | 2,029 sqft |
2020-05-01 | 74 days | 2,013 sqft |
2020-06-01 | 75 days | 2,050 sqft |
2020-07-01 | 73 days | 2,061 sqft |
2020-08-01 | 68 days | 2,075 sqft |
2020-09-01 | 55 days | 2,053 sqft |
2020-10-01 | 57 days | 2,000 sqft |
2020-11-01 | 51 days | 1,851 sqft |
2020-12-01 | 58 days | 1,837 sqft |
2021-01-01 | 73 days | 1,857 sqft |
2021-02-01 | 66 days | 1,796 sqft |
2021-03-01 | 45 days | 1,830 sqft |
2021-04-01 | 39 days | 1,812 sqft |
2021-05-01 | 38 days | 1,860 sqft |
2021-06-01 | 32 days | 1,798 sqft |
2021-07-01 | 31 days | 1,848 sqft |
2021-08-01 | 32 days | 1,900 sqft |
2021-09-01 | 37 days | 1,913 sqft |
2021-10-01 | 44 days | 1,866 sqft |
2021-11-01 | 49 days | 1,945 sqft |
2021-12-01 | 52 days | 1,988 sqft |
2022-01-01 | 65 days | 1,851 sqft |
2022-02-01 | 50 days | 1,813 sqft |
2022-03-01 | 37 days | 1,821 sqft |
2022-04-01 | 26 days | 1,830 sqft |
2022-05-01 | 31 days | 1,854 sqft |
2022-06-01 | 31 days | 1,967 sqft |
2022-07-01 | 33 days | 2,008 sqft |
2022-08-01 | 46 days | 1,942 sqft |
2022-09-01 | 49 days | 1,946 sqft |
2022-10-01 | 45 days | 1,980 sqft |
2022-11-01 | 52 days | 1,953 sqft |
2022-12-01 | 64 days | 1,942 sqft |
2023-01-01 | 79 days | 1,932 sqft |
2023-02-01 | 62 days | 1,922 sqft |
2023-03-01 | 51 days | 1,920 sqft |
2023-04-01 | 58 days | 1,926 sqft |
2023-05-01 | 53 days | 1,967 sqft |
2023-06-01 | 46 days | 1,979 sqft |
2023-07-01 | 47 days | 1,914 sqft |
2023-08-01 | 51 days | 1,898 sqft |
2023-09-01 | 54 days | 1,820 sqft |
2023-10-01 | 63 days | 1,819 sqft |
2023-11-01 | 68 days | 1,801 sqft |
2023-12-01 | 74 days | 1,723 sqft |
2024-01-01 | 79 days | 1,735 sqft |
2024-02-01 | 67 days | 1,748 sqft |
2024-03-01 | 52 days | 1,750 sqft |
2024-04-01 | 52 days | 1,770 sqft |
2024-05-01 | 54 days | 1,807 sqft |
2024-06-01 | 51 days | 1,797 sqft |
2024-07-01 | 51 days | 1,752 sqft |
2024-08-01 | 60 days | 1,721 sqft |
2024-09-01 | 61 days | 1,708 sqft |
2024-10-01 | 64 days | 1,705 sqft |
Bowling Green's median square footage for active listings during the 2024-10-01 period was 1,705 sqft. One year prior, the average listing was 1,819 sqft.