Charleston VA Loans

CHARLESTON-NORTH CHARLESTON, SC

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.

Charleston's 231 lenders originated 8,371 VA loans during 2021. The total origination value was $2,592,405,000, with an average VA loan value of $309,689.

Charleston VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Charleston averaged 5.12% 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 5.27% and one month ago for the week of 2022-07-01, the average rate was 5.8%.

The average rate one year ago was 2.88%.

For refis of the same type during the week of 2022-08-05, the average rate was 5.07%.

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

Charleston 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 Charleston level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
FREEDOM MORTGAGE CORPORATION 566 2.43% $3,360
QUICKEN LOANS, LLC 558 2.47% $5,301
Mortgage Research Center, LLC 491 2.84% $7,283
NAVY FEDERAL CREDIT UNION 345 2.48% $6,028
PENNYMAC LOAN SERVICES, LLC 310 2.38% $6,048
UNITED WHOLESALE MORTGAGE, LLC 231 2.48% $5,682
LAKEVIEW LOAN SERVICING, LLC 174 2.43% $2,548
DHI MORTGAGE COMPANY, LTD. 171 2.75% $8,691
NEW DAY FINANCIAL, LLC 156 2.88% $8,425
MOVEMENT MORTGAGE, LLC 156 2.71% $11,498
EAGLE HOME MORTGAGE, LLC 153 2.78% $6,763
NTFN, INC. 152 2.80% $8,929
LOANDEPOT.COM, LLC 132 2.56% $4,833
VILLAGE CAPITAL & INVESTMENT LLC 132 2.33% $4,286
CAROLINA ONE MORTGAGE, LLC 132 3.08% $8,188
USAA Federal Savings Bank 126 2.86% $5,483
CALIBER HOME LOANS, INC. 119 2.54% $5,365
CMG MORTGAGE, INC. 107 2.90% $7,354
Wells Fargo Bank 106 2.49% $5,120
Mr. Cooper ( Nationstar Mortgage ) 103 2.74% $4,110
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 98 3.11% $9,890
MIDLAND MORTGAGE CORPORATION 98 2.72% $8,936
CLEARPATH LENDING 95 2.31% $4,670
Ameris Bank 94 2.58% $7,019
GUILD MORTGAGE COMPANY 93 2.75% $7,111
NEWREZ LLC 90 2.59% $5,842
HOME POINT FINANCIAL CORPORATION 79 2.52% $5,372
CALCON MUTUAL MORTGAGE LLC 78 3.24% $10,491
PULTE MORTGAGE LLC 73 2.85% $4,883
VELOCIO MORTGAGE L.L.C. 62 3.05% $7,602
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 62 2.94% $8,399
ARK-LA-TEX FINANCIAL SERVICES, LLC. 61 2.75% $6,654
The Federal Savings Bank 61 2.58% $9,123
GUARANTEED RATE AFFINITY, LLC 57 2.58% $6,176
CROSSCOUNTRY MORTGAGE, LLC 54 2.94% $7,896
HOMEBRIDGE FINANCIAL SERVICES, INC. 54 2.75% $7,340
Prosperity Home Mortgage, LLC 51 2.72% $7,034
PENTAGON FEDERAL CREDIT UNION 51 2.34% $2,928
Carrington Mortgage Services, LLC 49 2.85% $5,058
NBKC BANK 46 2.47% $5,382
VANDERBILT MORTGAGE AND FINANCE, INC. 40 2.71% $6,081
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 39 2.81% $7,952
Lakeview Community Capital, LLC 39 2.42% $2,712
AMERICAN FINANCIAL NETWORK, INC. 38 2.65% $8,981
INTERLINC MORTGAGE SERVICES, LLC 35 3.29% $8,178
SUCCESS MORTGAGE PARTNERS, INC. 35 2.85% $7,527
PRIMELENDING, A PLAINSCAPITAL COMPANY 35 3.01% $6,420
AMERISAVE MORTGAGE CORPORATION 32 2.56% $6,847
Low VA Rates, LLC 32 2.43% $6,820
Flagstar Bank, FSB 29 2.75% $7,045
BROKER SOLUTIONS, INC. 28 2.89% $6,947
North American Savings Bank, F.S.B. 27 2.38% $4,597
Truist Bank 27 2.63% $8,123
FIRST HOME MORTGAGE CORPORATION 27 2.63% $8,480
South State Bank 27 2.53% $7,847
MUTUAL OF OMAHA MORTGAGE, INC. 26 2.62% $6,325
CERTAINTY HOME LOANS, LLC 25 2.67% $6,651
ANGEL OAK HOME LOANS LLC 24 2.74% $7,210
CORNERSTONE HOME LENDING, INC. 23 2.99% $7,357
THE MORTGAGE FIRM, INC. 23 2.90% $9,144
NP, Inc. 23 2.45% $4,843
Renasant Bank 22 2.82% $8,672
ACCELERATE MORTGAGE, LLC 21 2.35% $7,675
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 20 3.00% $5,954
First Federal Bank 19 3.19% $10,754
Magnolia Bank 19 2.76% $9,180
LENDUS, LLC 19 2.86% $7,047
Mortgage Network, Inc. 18 2.71% $6,660
DIRECT MORTGAGE LOANS, LLC 18 2.93% $9,854
SHELTER LENDING SERVICES, L.L.C. 18 2.84% $5,950
First Guaranty Mortgage Corporation 18 2.51% $4,593
CHURCHILL MORTGAGE CORPORATION 17 2.55% $6,562
Citizens Bank 17 2.57% $5,769
BNC National Bank 16 2.31% $6,319
EQUITY RESOURCES, INC. 16 2.46% $4,544
Northpointe Bank 15 2.69% $7,084
PLANET HOME LENDING, LLC 15 2.91% $3,836
Barrington Bank & Trust Company, N.A. 14 2.65% $7,833
EMBRACE HOME LOANS, INC. 14 2.46% $7,129
PLAZA HOME MORTGAGE, INC. 14 2.72% $5,189
Colten Mortgage, LLC 13 2.87% $6,139
Barley Mortgage, LLC 13 2.46% $4,728
SUN WEST MORTGAGE COMPANY, INC. 13 2.40% $5,030
LOANPAL, LLC 13 2.42% $7,824
SOUTHERN TRUST MORTGAGE, LLC 12 2.74% $7,978
Regions Bank 12 2.79% $5,825
TJC Mortgage, Inc. 12 2.36% $4,951
CITY FIRST MORTGAGE SERVICES, L.L.C. 12 2.94% $7,393
RELIANCE FIRST CAPITAL, LLC 12 2.98% $6,555
AMERICAN FINANCING CORPORATION 12 2.44% $5,599
InterContinental Capital Group, Inc 11 2.50% $6,070
KS StateBank 11 2.38% $5,142
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 11 2.84% $7,461
NVR Mortgage Finance, Inc. 11 2.86% $5,568
Atlantic Coast Mortgage, LLC 11 2.66% $10,331
First Heritage Mortgage, LLC 11 2.60% $10,546
STEARNS LENDING, LLC 11 2.49% $5,425
United Community Bank 10 2.76% $10,666
Wyndham Capital Mortgage, Inc. 10 2.49% $2,900
CONTOUR MORTGAGE CORPORATION 10 2.65% $7,011
GUARANTEED RATE, INC. 9 2.61% $6,955
SOVEREIGN LENDING GROUP INCORPORATED 9 2.61% $5,571
United Bank 9 2.50% $9,064
Nations Lending Corporation 9 2.63% $6,163
Paramount Residential Mortgage Group, Inc. 8 3.08% $11,211
GENEVA FINANCIAL, LLC 8 3.05% $8,773
Strong Home Mortgage, LLC 8 2.48% $1,992
PRIMARY RESIDENTIAL MORTGAGE, INC. 7 3.13% $6,490
Princeton Mortgage Corporation 7 2.88% $10,082
DAS Acquisition Company, LLC 7 3.11% $11,127
AmeriHome Mortgage Company, LLC 7 2.87% $2,892
CAPITAL CENTER, L.L.C. 7 2.55% $2,735
Alcova Mortgage LLC 6 2.96% $10,673
Pinnacle Bank 6 2.44% $7,242
HOMESIDE FINANCIAL, LLC 6 2.96% $6,815
First Federal Bank of Kansas City 6 2.50% $5,201
FBC MORTGAGE, LLC 6 2.94% $8,254
American Security Mortgage Corp. 6 2.67% $8,679
NATIONS DIRECT MORTGAGE, LLC 5 2.93% $3,049
MORTGAGE EQUITY PARTNERS LLC 5 2.83% $6,843
First National Bank of Pennsylvania 5 2.68% $7,001
UNITED MORTGAGE CORP. 5 2.95% $7,142
SECURITYNATIONAL MORTGAGE COMPANY 5 2.80% $7,930
FINANCE OF AMERICA MORTGAGE LLC 5 3.00% $4,632
Gateway First Bank 5 2.98% $5,983
FAMILY FIRST FUNDING LLC 5 2.85% $9,309
TOWNE MORTGAGE COMPANY 5 2.90% $11,564
First-Citizens Bank & Trust Company 5 2.30% $10,813
Bank of England 5 2.48% $12,548
TBI MORTGAGE COMPANY 4 2.69% $7,335
BAY EQUITY LLC 4 3.13% $5,823
First Home Bank 4 2.88% $2,060
Mid-Continent Funding, Inc. 4 2.75% $17,429
OVM FINANCIAL, INC. 4 3.06% $8,441
POLARIS HOME FUNDING CORP. 4 2.53% $8,114
Towne Bank 4 2.56% $14,658
ROSS MORTGAGE CORPORATION 3 2.88% $7,722
Arvest Bank 3 2.42% $7,081
INTERCOASTAL MORTGAGE COMPANY 3 2.58% $5,888
ROYAL UNITED MORTGAGE LLC 3 3.08% $9,162
MCLEAN MORTGAGE CORPORATION 3 2.50% $7,553
NORWICH COMMERCIAL GROUP, INC. 3 3.75% $6,855
Peoples Bank 3 2.63% $10,665
Equity Prime Mortgage LLC 3 2.96% $4,589
CHERRY CREEK MORTGAGE, LLC 3 2.33% $5,173
PNC Bank 3 2.67% $3,474
Shamrock Home Loans, Inc. 3 3.08% $8,081
Paramount Bank 3 2.63% $9,598
Evolve Bank & Trust 3 2.79% $4,323
MID AMERICA MORTGAGE, INC. 3 2.67% $2,239
Sierra Pacific Mortgage Company, Inc. 3 2.54% $9,048
MORTGAGE SOLUTIONS OF COLORADO, LLC 3 3.00% $2,955
HOMESTAR FINANCIAL CORPORATION 3 2.79% $1,624
FirstBank 2 2.56% $15,514
ZILLOW HOME LOANS, LLC 2 2.56% $8,135
RESOURCE FINANCIAL SERVICES, INC. 2 2.75% $9,393
UNION HOME MORTGAGE CORP. 2 2.25% $3,965
Armed Forces Bank 2 2.25% $6,848
Uwharrie Bank 2 2.69% $3,465
Vellum Mortgage, Inc. 2 2.94% $7,576
AMERICAN FINANCIAL RESOURCES, INC. 2 3.44% $2,473
Watermark Capital, Inc. 2 2.44% $2,765
DRAPER AND KRAMER MORTGAGE CORP. 2 2.50% $3,209
SIRVA MORTGAGE, INC. 2 3.38% $9,218
NATION ONE MORTGAGE CORPORATION 2 3.25% $2,949
Manufacturers and Traders Trust Company 2 2.81% $5,048
Credence Funding Corporation 2 3.06% $3,840
HOMESTEAD FUNDING CORP. 2 2.31% $1,750
MORTGAGE ACCESS CORP. 2 3.00% $9,442
Century Mortgage Company DBA Century Lending Company 2 2.31% $4,382
Prime Choice Funding Inc. 2 2.56% $4,168
PHH Mortgage Corporation 2 2.81% $5,241
SWBC MORTGAGE CORPORATION 2 3.38% $1,742
Synovus Bank 2 2.81% $8,044
Home Mortgage Alliance Corp 2 3.44% $6,825
Academy Bank 2 2.50% $8,079
First Palmetto Bank 2 3.06% $2,624
The Central Trust Bank 2 2.75% $5,342
First Internet Bank of Indiana 2 2.69% $4,915
Blue Ridge Bank 2 2.81% $6,422
TIAA, FSB 2 2.50% $6,626
AMERICAN PACIFIC MORTGAGE CORPORATION 1 2.75% $4,030
AMERICAN INTERNET MORTGAGE, INC. 1 2.38% $2,935
Victorian Finance, LLC 1 3.25% $10,352
Advisors Mortgage Group, L.L.C. 1 2.25% $3,577
Mutual Federal Bank 1 2.75% $8,337
Stifel Bank and Trust 1 2.50% $2,246
MICHIGAN MUTUAL, INC. 1 2.38% $6,180
Meridian Bank Corporation 1 2.25% $4,924
LIBERTY HOME MORTGAGE CORPORATION 1 2.25% $6,041
LEADERONE FINANCIAL CORPORATION 1 2.25% $5,276
Ixonia Bank 1 3.13% $8,960
Hometown Lenders, Inc. 1 2.38% $14,089
OCEANSIDE MORTGAGE COMPANY 1 2.75% $3,285
ON Q FINANCIAL, INC. 1 2.25% $2,659
West Town Bank & Trust 1 2.25% $3,092
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 2.63% $9,434
Plains Commerce Bank 1 2.62% $9,171
GUARANTY HOME MORTGAGE CORPORATION 1 2.50% $10,195
Goldwater Bank, N.A. 1 2.25% $4,549
ACADEMY MORTGAGE CORPORATION 1 2.75% $14,421
PREMIA MORTGAGE, LLC 1 2.38% $6,860
PREMIER LENDING, INC. 1 2.38% $13,664
Presidential Bank, FSB 1 2.25% $3,393
GMFS LLC 1 2.50% $13,207
First State Bank of St. Charles, Missouri 1 2.25% $2,057
First Savings Bank 1 3.25% $4,048
First Reliance Bank 1 2.50% $16,218
First Mortgage Solutions, LLC 1 2.37% $9,023
RUOFF MORTGAGE COMPANY, INC. 1 2.88% $8,751
Sandy Spring Bank 1 2.25% $9,316
Service Federal Credit Union 1 2.88% $1,522
SIWELL, INC. 1 2.75% $4,318
Southern First Bank 1 2.75% $2,349
SOUTHPOINT FINANCIAL SERVICES, INC. 1 2.63% $6,148
Community First National Bank 1 2.88% $4,207
Citibank 1 3.25% $2,038
CELEBRITY HOME LOANS, LLC 1 2.50% $12,994
Sunflower Bank 1 2.38% $22,559
Capital City Home Loans, LLC 1 2.25% $10,877
T2 FINANCIAL LLC 1 3.13% $21,293
Texana Bank 1 2.38% $9,205
BOKF 1 2.63% $3,757
The Huntington National Bank 1 2.88% $1,170
Beach Community Mortgage Services, Inc. 1 2.75% $15,028
BANKSOUTH MORTGAGE COMPANY, LLC 1 2.88% $15,506
Austin Capital Bank SSB 1 2.88% $17,521
UNION SQUARE 1 2.38% $2,159
ARC HOME LLC 1 2.50% $20,681
AmRes Corporation 1 2.63% $11,401
AMERIFIRST FINANCIAL CORPORATION 1 3.38% $2,169

The top Charleston VA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with 566 VA loans originated. Their average total fees are $3,360, which is $1,941 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Charleston VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC ($2,548), Lakeview Community Capital, LLC ($2,712), Wyndham Capital Mortgage, Inc. ($2,900), PENTAGON FEDERAL CREDIT UNION ($2,928) and FREEDOM MORTGAGE CORPORATION ($3,360).

The lowest rate Charleston VA lenders (with over 10 loans originated) are BNC National Bank (2.31%), CLEARPATH LENDING (2.31%), VILLAGE CAPITAL & INVESTMENT LLC (2.33%), PENTAGON FEDERAL CREDIT UNION (2.34%) and ACCELERATE MORTGAGE, LLC (2.35%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Charleston (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 $399,706 (4.6%) $682,952 (3.1%) 1.47 4,117
2018-02-01 $409,455 (2.5%) $692,337 (2.6%) 1.48 4,190
2018-03-01 $416,990 (-0.6%) $710,039 (2.4%) 1.44 4,335
2018-04-01 $424,440 (0.8%) $721,507 (3.9%) 1.42 4,463
2018-05-01 $429,000 (3.4%) $720,992 (4.2%) 1.43 4,544
2018-06-01 $424,900 (3.1%) $721,321 (4.1%) 1.42 4,632
2018-07-01 $419,900 (2.2%) $707,052 (3.4%) 1.40 4,674
2018-08-01 $409,165 (-1.4%) $698,166 (2.0%) 1.37 4,664
2018-09-01 $399,985 (0.0%) $685,130 (0.7%) 1.34 4,757
2018-10-01 $399,000 (-0.3%) $673,305 (0.0%) 1.33 4,902
2018-11-01 $395,000 (-1.3%) $669,954 (-0.3%) 1.32 4,959
2018-12-01 $390,999 (-2.3%) $665,974 (-2.5%) 1.34 4,684
2019-01-01 $394,220 (-1.4%) $664,933 (-2.6%) 1.36 4,514
2019-02-01 $407,850 (-0.4%) $681,357 (-1.6%) 1.37 4,609
2019-03-01 $418,143 (0.3%) $692,189 (-2.5%) 1.36 4,715
2019-04-01 $429,000 (1.1%) $705,890 (-2.2%) 1.35 4,869
2019-05-01 $431,200 (0.5%) $711,442 (-1.3%) 1.33 4,897
2019-06-01 $434,900 (2.4%) $715,739 (-0.8%) 1.34 4,880
2019-07-01 $434,950 (3.6%) $717,509 (1.5%) 1.35 4,834
2019-08-01 $430,671 (5.3%) $715,929 (2.5%) 1.36 4,695
2019-09-01 $421,950 (5.5%) $707,804 (3.3%) 1.34 4,627
2019-10-01 $416,000 (4.3%) $699,702 (3.9%) 1.33 4,654
2019-11-01 $415,000 (5.1%) $707,026 (5.5%) 1.34 4,547
2019-12-01 $414,095 (5.9%) $707,172 (6.2%) 1.38 4,250
2020-01-01 $419,500 (6.4%) $713,029 (7.2%) 1.40 3,923
2020-02-01 $430,000 (5.4%) $726,486 (6.6%) 1.39 3,912
2020-03-01 $442,500 (5.8%) $734,095 (6.1%) 1.38 3,994
2020-04-01 $435,400 (1.5%) $716,655 (1.5%) 1.36 4,061
2020-05-01 $450,000 (4.4%) $741,449 (4.2%) 1.36 3,899
2020-06-01 $450,000 (3.5%) $760,985 (6.3%) 1.31 3,592
2020-07-01 $462,500 (6.3%) $783,532 (9.2%) 1.33 3,276
2020-08-01 $472,500 (9.7%) $808,563 (12.9%) 1.35 3,038
2020-09-01 $482,495 (14.4%) $811,976 (14.7%) 1.38 2,775
2020-10-01 $475,000 (14.2%) $823,627 (17.7%) 1.36 2,681
2020-11-01 $480,000 (15.7%) $841,801 (19.1%) 1.37 2,456
2020-12-01 $494,933 (19.5%) $865,273 (22.4%) 1.45 2,182
2021-01-01 $524,000 (24.9%) $893,481 (25.3%) 1.54 1,781
2021-02-01 $550,000 (27.9%) $959,249 (32.0%) 1.58 1,350
2021-03-01 $550,000 (24.3%) $1,003,907 (36.8%) 1.54 1,223
2021-04-01 $550,000 (26.3%) $1,090,648 (52.2%) 1.48 1,137
2021-05-01 $574,990 (27.8%) $1,140,346 (53.8%) 1.51 1,094
2021-06-01 $560,498 (24.6%) $1,097,633 (44.2%) 1.46 1,185
2021-07-01 $520,000 (12.4%) $1,006,409 (28.5%) 1.35 1,371
2021-08-01 $497,275 (5.2%) $949,382 (17.4%) 1.31 1,462
2021-09-01 $477,750 (-1.0%) $883,759 (8.8%) 1.26 1,477
2021-10-01 $491,490 (3.5%) $900,272 (9.3%) 1.29 1,370
2021-11-01 $480,224 (0.1%) $921,973 (9.5%) 1.27 1,283
2021-12-01 $488,000 (-1.4%) $1,001,312 (15.7%) 1.30 1,082
2022-01-01 $500,000 (-4.6%) $1,074,447 (20.3%) 1.33 834
2022-02-01 $574,990 (4.5%) $1,193,813 (24.5%) 1.47 690
2022-03-01 $576,750 (4.9%) $1,209,180 (20.5%) 1.42 705
2022-04-01 $585,000 (6.4%) $1,188,113 (8.9%) 1.38 724
2022-05-01 $587,515 (2.2%) $1,132,963 (-0.7%) 1.31 959
2022-06-01 $574,995 (2.6%) $1,105,906 (0.8%) 1.28 1,329
Charleston's median listing price for 2022-06-01 was $574,995, a difference of $14,497 (2.6%) versus the prior year and $-12,520 versus the prior month.

Charleston's median listing price comes in at 128% of the national average.

Charleston's average listing price for 2022-06-01 was $1,105,906, a difference of $8,273 (0.8%) versus the prior year and $-27,057 versus the prior month.

For the 2022-06-01 period, Charleston had 1,329 MLS listings, a difference of 370 listings (39%) versus the prior month and 144 listings (12%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Charleston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 101 days 2,284 sqft
2018-02-01 96 days 2,300 sqft
2018-03-01 64 days 2,301 sqft
2018-04-01 66 days 2,313 sqft
2018-05-01 67 days 2,316 sqft
2018-06-01 71 days 2,307 sqft
2018-07-01 73 days 2,289 sqft
2018-08-01 78 days 2,248 sqft
2018-09-01 80 days 2,212 sqft
2018-10-01 81 days 2,177 sqft
2018-11-01 85 days 2,139 sqft
2018-12-01 91 days 2,125 sqft
2019-01-01 97 days 2,123 sqft
2019-02-01 93 days 2,146 sqft
2019-03-01 66 days 2,169 sqft
2019-04-01 66 days 2,207 sqft
2019-05-01 69 days 2,221 sqft
2019-06-01 71 days 2,211 sqft
2019-07-01 74 days 2,216 sqft
2019-08-01 78 days 2,197 sqft
2019-09-01 86 days 2,176 sqft
2019-10-01 84 days 2,170 sqft
2019-11-01 84 days 2,140 sqft
2019-12-01 88 days 2,132 sqft
2020-01-01 94 days 2,129 sqft
2020-02-01 88 days 2,143 sqft
2020-03-01 64 days 2,168 sqft
2020-04-01 68 days 2,173 sqft
2020-05-01 78 days 2,226 sqft
2020-06-01 83 days 2,227 sqft
2020-07-01 71 days 2,220 sqft
2020-08-01 65 days 2,212 sqft
2020-09-01 63 days 2,190 sqft
2020-10-01 62 days 2,143 sqft
2020-11-01 63 days 2,092 sqft
2020-12-01 71 days 2,096 sqft
2021-01-01 78 days 2,108 sqft
2021-02-01 65 days 2,068 sqft
2021-03-01 47 days 2,100 sqft
2021-04-01 44 days 2,139 sqft
2021-05-01 38 days 2,163 sqft
2021-06-01 30 days 2,126 sqft
2021-07-01 30 days 2,150 sqft
2021-08-01 35 days 2,089 sqft
2021-09-01 35 days 2,081 sqft
2021-10-01 42 days 2,044 sqft
2021-11-01 42 days 2,037 sqft
2021-12-01 49 days 2,102 sqft
2022-01-01 62 days 2,146 sqft
2022-02-01 29 days 2,161 sqft
2022-03-01 24 days 2,165 sqft
2022-04-01 21 days 2,160 sqft
2022-05-01 18 days 2,201 sqft
2022-06-01 22 days 2,212 sqft
Charleston's median listing age (time on market) for 2022-06-01 was 22 days. This is -27% shorter than the same period one year ago.

Charleston's median square footage for active listings during the 2022-06-01 period was 2,212 sqft. One year prior, the average listing was 2,126 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.