Charleston VA Loan Rates, Closing Costs & Stats
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 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.
Charleston's 194 lenders originated 3,549 VA loans during 2024. The total origination value was $1,419,565,000, with an average VA loan value of $399,990.
Charleston VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Charleston
averaged
0.31%
for the week of 2025-07-04, compared to the national average (all VA variants) of
0% for the same period.
Charleston's average VA mortgage closing costs are $7,076.
The average rate for the prior week (2025-06-27) was
6.44% and
one month ago for the week of 2025-05-30, the
average rate was 6.77%.
The average rate one year ago was 6.48%.
For refis of the same type during the week of 2025-07-04, the average rate
was 0.03%.
Charleston 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 Charleston level.
The top Charleston VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
365 VA loans originated. Their average total fees are
$7,815, which is $210
lower than the next largest lender,
Mortgage Research Center, LLC.
The lowest fee Charleston VA lenders (with over 10 loans originated) are
NATION ONE MORTGAGE CORPORATION ($3,559), VANDERBILT MORTGAGE AND FINANCE, INC. ($4,707), PRIMELENDING, A PLAINSCAPITAL COMPANY ($4,741), Lakeview Community Capital, LLC ($5,287) and First Federal Bank ($5,307).
The lowest rate Charleston VA lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (4.74%), VELOCIO MORTGAGE L.L.C. (5.18%), PULTE MORTGAGE LLC (5.33%), First Heritage Mortgage, LLC (5.47%) and CLEARPATH LENDING (5.53%).
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 | $393,945 (5.2%) | $666,998 (3.0%) | 1.46 | 4,315 |
| 2018-02-01 | $398,615 (3.7%) | $671,931 (2.0%) | 1.45 | 4,444 |
| 2018-03-01 | $400,000 (0.0%) | $690,847 (1.9%) | 1.40 | 4,595 |
| 2018-04-01 | $409,450 (-0.1%) | $701,666 (2.9%) | 1.39 | 4,743 |
| 2018-05-01 | $417,000 (4.0%) | $699,033 (2.9%) | 1.39 | 4,819 |
| 2018-06-01 | $411,760 (3.1%) | $699,625 (3.3%) | 1.37 | 4,902 |
| 2018-07-01 | $409,425 (2.4%) | $685,760 (2.2%) | 1.37 | 4,934 |
| 2018-08-01 | $399,125 (-0.2%) | $677,912 (0.8%) | 1.34 | 4,936 |
| 2018-09-01 | $399,000 (0.7%) | $670,709 (0.4%) | 1.34 | 5,020 |
| 2018-10-01 | $390,000 (-1.4%) | $657,703 (-0.4%) | 1.32 | 5,187 |
| 2018-11-01 | $389,000 (-1.5%) | $654,672 (-0.4%) | 1.32 | 5,257 |
| 2018-12-01 | $385,000 (-2.5%) | $648,741 (-2.7%) | 1.33 | 4,969 |
| 2019-01-01 | $387,835 (-1.6%) | $648,218 (-2.8%) | 1.34 | 4,844 |
| 2019-02-01 | $399,700 (0.3%) | $663,664 (-1.2%) | 1.35 | 4,946 |
| 2019-03-01 | $404,836 (1.2%) | $671,805 (-2.8%) | 1.32 | 5,107 |
| 2019-04-01 | $413,209 (0.9%) | $683,737 (-2.6%) | 1.31 | 5,281 |
| 2019-05-01 | $416,700 (-0.1%) | $689,765 (-1.3%) | 1.30 | 5,270 |
| 2019-06-01 | $419,000 (1.8%) | $693,830 (-0.8%) | 1.31 | 5,290 |
| 2019-07-01 | $419,500 (2.5%) | $697,059 (1.7%) | 1.31 | 5,193 |
| 2019-08-01 | $414,273 (3.8%) | $691,066 (1.9%) | 1.31 | 5,136 |
| 2019-09-01 | $405,682 (1.7%) | $681,680 (1.6%) | 1.30 | 5,091 |
| 2019-10-01 | $399,450 (2.4%) | $676,288 (2.8%) | 1.29 | 5,042 |
| 2019-11-01 | $399,000 (2.6%) | $681,384 (4.1%) | 1.31 | 4,926 |
| 2019-12-01 | $398,840 (3.6%) | $680,979 (5.0%) | 1.33 | 4,609 |
| 2020-01-01 | $399,450 (3.0%) | $680,482 (5.0%) | 1.33 | 4,308 |
| 2020-02-01 | $408,637 (2.2%) | $694,666 (4.7%) | 1.34 | 4,288 |
| 2020-03-01 | $424,000 (4.7%) | $700,203 (4.2%) | 1.33 | 4,363 |
| 2020-04-01 | $413,448 (0.1%) | $684,621 (0.1%) | 1.30 | 4,448 |
| 2020-05-01 | $425,000 (2.0%) | $702,207 (1.8%) | 1.29 | 4,308 |
| 2020-06-01 | $429,000 (2.4%) | $721,671 (4.0%) | 1.26 | 3,946 |
| 2020-07-01 | $434,500 (3.6%) | $742,908 (6.6%) | 1.26 | 3,608 |
| 2020-08-01 | $439,500 (6.1%) | $766,423 (10.9%) | 1.26 | 3,314 |
| 2020-09-01 | $444,260 (9.5%) | $768,487 (12.7%) | 1.27 | 3,063 |
| 2020-10-01 | $435,000 (8.9%) | $778,325 (15.1%) | 1.25 | 2,930 |
| 2020-11-01 | $434,500 (8.9%) | $789,870 (15.9%) | 1.27 | 2,740 |
| 2020-12-01 | $439,923 (10.3%) | $804,344 (18.1%) | 1.31 | 2,456 |
| 2021-01-01 | $450,000 (12.7%) | $825,770 (21.4%) | 1.34 | 2,039 |
| 2021-02-01 | $498,000 (21.9%) | $883,554 (27.2%) | 1.45 | 1,553 |
| 2021-03-01 | $496,085 (17.0%) | $930,902 (33.0%) | 1.41 | 1,411 |
| 2021-04-01 | $503,225 (21.7%) | $1,027,130 (50.0%) | 1.36 | 1,291 |
| 2021-05-01 | $531,995 (25.2%) | $1,092,470 (55.6%) | 1.41 | 1,216 |
| 2021-06-01 | $525,000 (22.4%) | $1,036,949 (43.7%) | 1.38 | 1,337 |
| 2021-07-01 | $491,580 (13.1%) | $929,946 (25.2%) | 1.30 | 1,593 |
| 2021-08-01 | $477,450 (8.6%) | $890,495 (16.2%) | 1.27 | 1,695 |
| 2021-09-01 | $454,394 (2.3%) | $827,754 (7.7%) | 1.21 | 1,726 |
| 2021-10-01 | $474,450 (9.1%) | $861,184 (10.7%) | 1.27 | 1,572 |
| 2021-11-01 | $465,755 (7.2%) | $867,003 (9.8%) | 1.24 | 1,495 |
| 2021-12-01 | $467,450 (6.3%) | $934,787 (16.2%) | 1.27 | 1,258 |
| 2022-01-01 | $480,000 (6.7%) | $992,618 (20.2%) | 1.30 | 994 |
| 2022-02-01 | $509,900 (2.4%) | $1,090,402 (23.4%) | 1.33 | 817 |
| 2022-03-01 | $516,238 (4.1%) | $1,108,814 (19.1%) | 1.29 | 837 |
| 2022-04-01 | $530,000 (5.3%) | $1,085,844 (5.7%) | 1.26 | 888 |
| 2022-05-01 | $546,000 (2.6%) | $1,053,576 (-3.6%) | 1.25 | 1,170 |
| 2022-06-01 | $549,000 (4.6%) | $1,037,782 (0.1%) | 1.22 | 1,583 |
| 2022-07-01 | $524,400 (6.7%) | $971,783 (4.5%) | 1.18 | 2,014 |
| 2022-08-01 | $506,733 (6.1%) | $927,207 (4.1%) | 1.17 | 2,193 |
| 2022-09-01 | $500,000 (10.0%) | $916,843 (10.8%) | 1.17 | 2,236 |
| 2022-10-01 | $489,900 (3.3%) | $899,714 (4.5%) | 1.15 | 2,446 |
| 2022-11-01 | $485,445 (4.2%) | $894,013 (3.1%) | 1.17 | 2,552 |
| 2022-12-01 | $479,900 (2.7%) | $908,381 (-2.8%) | 1.18 | 2,406 |
| 2023-01-01 | $479,902 (0.0%) | $911,593 (-8.2%) | 1.19 | 2,154 |
| 2023-02-01 | $497,450 (-2.4%) | $985,984 (-9.6%) | 1.20 | 1,950 |
| 2023-03-01 | $516,672 (0.1%) | $1,012,478 (-8.7%) | 1.22 | 1,887 |
| 2023-04-01 | $538,995 (1.7%) | $1,021,015 (-6.0%) | 1.25 | 1,853 |
| 2023-05-01 | $557,056 (2.0%) | $1,073,160 (1.9%) | 1.26 | 1,768 |
| 2023-06-01 | $554,917 (1.1%) | $1,075,972 (3.7%) | 1.25 | 1,910 |
| 2023-07-01 | $550,000 (4.9%) | $1,043,550 (7.4%) | 1.25 | 1,952 |
| 2023-08-01 | $531,993 (5.0%) | $1,006,706 (8.6%) | 1.22 | 2,074 |
| 2023-09-01 | $525,000 (5.0%) | $1,009,585 (10.1%) | 1.22 | 2,318 |
| 2023-10-01 | $538,248 (9.9%) | $1,031,863 (14.7%) | 1.27 | 2,429 |
| 2023-11-01 | $519,000 (6.9%) | $1,000,884 (12.0%) | 1.24 | 2,559 |
| 2023-12-01 | $500,000 (4.2%) | $989,082 (8.9%) | 1.22 | 2,442 |
| 2024-01-01 | $499,000 (4.0%) | $990,800 (8.7%) | 1.22 | 2,243 |
| 2024-02-01 | $494,500 (-0.6%) | $987,444 (0.2%) | 1.19 | 2,257 |
| 2024-03-01 | $507,547 (-1.8%) | $1,009,656 (-0.3%) | 1.19 | 2,361 |
| 2024-04-01 | $523,350 (-2.9%) | $1,037,289 (1.6%) | 1.22 | 2,492 |
| 2024-05-01 | $529,225 (-5.0%) | $1,076,271 (0.3%) | 1.20 | 2,718 |
| 2024-06-01 | $529,000 (-4.7%) | $1,077,400 (0.1%) | 1.20 | 2,854 |
| 2024-07-01 | $519,995 (-5.5%) | $1,032,138 (-1.1%) | 1.19 | 3,063 |
| 2024-08-01 | $510,000 (-4.1%) | $988,171 (-1.8%) | 1.19 | 3,188 |
| 2024-09-01 | $530,000 (1.0%) | $1,016,840 (0.7%) | 1.25 | 3,121 |
| 2024-10-01 | $535,000 (-0.6%) | $1,014,709 (-1.7%) | 1.26 | 3,214 |
| 2024-11-01 | $535,000 (3.1%) | $999,510 (-0.1%) | 1.28 | 3,226 |
| 2024-12-01 | $524,999 (5.0%) | $967,219 (-2.2%) | 1.30 | 2,923 |
| 2025-01-01 | $508,000 (1.8%) | $957,960 (-3.3%) | 1.27 | 2,796 |
| 2025-02-01 | $504,808 (2.1%) | $964,929 (-2.3%) | 1.23 | 2,971 |
| 2025-03-01 | $499,995 (-1.5%) | $971,604 (-3.8%) | 1.18 | 3,334 |
| 2025-04-01 | $525,000 (0.3%) | $1,028,231 (-0.9%) | 1.22 | 3,542 |
| 2025-05-01 | $539,000 (1.9%) | $1,052,292 (-2.2%) | 1.23 | 3,696 |
Charleston's median listing price comes in at 123% of the national average.
Charleston's average listing price for 2025-05-01 was $1,052,292, a difference of $-23,979 (-2.2%) versus the prior year and $24,061 versus the prior month.
For the 2025-05-01 period, Charleston had 3,696 MLS listings, a difference of 154 listings (4%) versus the prior month and 978 listings (36%) 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 | 91 days | 2,277 sqft |
| 2018-02-01 | 82 days | 2,295 sqft |
| 2018-03-01 | 56 days | 2,300 sqft |
| 2018-04-01 | 58 days | 2,313 sqft |
| 2018-05-01 | 59 days | 2,309 sqft |
| 2018-06-01 | 60 days | 2,302 sqft |
| 2018-07-01 | 64 days | 2,283 sqft |
| 2018-08-01 | 67 days | 2,245 sqft |
| 2018-09-01 | 73 days | 2,207 sqft |
| 2018-10-01 | 72 days | 2,176 sqft |
| 2018-11-01 | 75 days | 2,144 sqft |
| 2018-12-01 | 78 days | 2,135 sqft |
| 2019-01-01 | 86 days | 2,136 sqft |
| 2019-02-01 | 77 days | 2,159 sqft |
| 2019-03-01 | 65 days | 2,178 sqft |
| 2019-04-01 | 58 days | 2,209 sqft |
| 2019-05-01 | 61 days | 2,226 sqft |
| 2019-06-01 | 63 days | 2,217 sqft |
| 2019-07-01 | 66 days | 2,218 sqft |
| 2019-08-01 | 70 days | 2,202 sqft |
| 2019-09-01 | 72 days | 2,189 sqft |
| 2019-10-01 | 74 days | 2,180 sqft |
| 2019-11-01 | 74 days | 2,148 sqft |
| 2019-12-01 | 80 days | 2,140 sqft |
| 2020-01-01 | 86 days | 2,139 sqft |
| 2020-02-01 | 74 days | 2,148 sqft |
| 2020-03-01 | 54 days | 2,176 sqft |
| 2020-04-01 | 59 days | 2,183 sqft |
| 2020-05-01 | 69 days | 2,226 sqft |
| 2020-06-01 | 65 days | 2,238 sqft |
| 2020-07-01 | 59 days | 2,233 sqft |
| 2020-08-01 | 54 days | 2,215 sqft |
| 2020-09-01 | 53 days | 2,200 sqft |
| 2020-10-01 | 52 days | 2,174 sqft |
| 2020-11-01 | 53 days | 2,134 sqft |
| 2020-12-01 | 60 days | 2,137 sqft |
| 2021-01-01 | 66 days | 2,148 sqft |
| 2021-02-01 | 46 days | 2,104 sqft |
| 2021-03-01 | 36 days | 2,127 sqft |
| 2021-04-01 | 33 days | 2,172 sqft |
| 2021-05-01 | 29 days | 2,170 sqft |
| 2021-06-01 | 23 days | 2,148 sqft |
| 2021-07-01 | 24 days | 2,170 sqft |
| 2021-08-01 | 30 days | 2,116 sqft |
| 2021-09-01 | 31 days | 2,104 sqft |
| 2021-10-01 | 37 days | 2,090 sqft |
| 2021-11-01 | 37 days | 2,091 sqft |
| 2021-12-01 | 44 days | 2,093 sqft |
| 2022-01-01 | 53 days | 2,148 sqft |
| 2022-02-01 | 22 days | 2,165 sqft |
| 2022-03-01 | 16 days | 2,172 sqft |
| 2022-04-01 | 16 days | 2,166 sqft |
| 2022-05-01 | 15 days | 2,211 sqft |
| 2022-06-01 | 21 days | 2,214 sqft |
| 2022-07-01 | 28 days | 2,221 sqft |
| 2022-08-01 | 36 days | 2,218 sqft |
| 2022-09-01 | 43 days | 2,206 sqft |
| 2022-10-01 | 45 days | 2,185 sqft |
| 2022-11-01 | 47 days | 2,175 sqft |
| 2022-12-01 | 58 days | 2,164 sqft |
| 2023-01-01 | 69 days | 2,188 sqft |
| 2023-02-01 | 60 days | 2,208 sqft |
| 2023-03-01 | 44 days | 2,222 sqft |
| 2023-04-01 | 38 days | 2,245 sqft |
| 2023-05-01 | 40 days | 2,262 sqft |
| 2023-06-01 | 37 days | 2,298 sqft |
| 2023-07-01 | 39 days | 2,263 sqft |
| 2023-08-01 | 43 days | 2,193 sqft |
| 2023-09-01 | 42 days | 2,164 sqft |
| 2023-10-01 | 45 days | 2,151 sqft |
| 2023-11-01 | 45 days | 2,107 sqft |
| 2023-12-01 | 57 days | 2,100 sqft |
| 2024-01-01 | 64 days | 2,100 sqft |
| 2024-02-01 | 48 days | 2,100 sqft |
| 2024-03-01 | 39 days | 2,106 sqft |
| 2024-04-01 | 39 days | 2,119 sqft |
| 2024-05-01 | 38 days | 2,150 sqft |
| 2024-06-01 | 43 days | 2,178 sqft |
| 2024-07-01 | 45 days | 2,158 sqft |
| 2024-08-01 | 51 days | 2,112 sqft |
| 2024-09-01 | 50 days | 2,099 sqft |
| 2024-10-01 | 50 days | 2,081 sqft |
| 2024-11-01 | 56 days | 2,020 sqft |
| 2024-12-01 | 62 days | 2,013 sqft |
| 2025-01-01 | 66 days | 1,986 sqft |
| 2025-02-01 | 55 days | 2,000 sqft |
| 2025-03-01 | 43 days | 1,995 sqft |
| 2025-04-01 | 41 days | 2,081 sqft |
| 2025-05-01 | 45 days | 2,125 sqft |
Charleston's median square footage for active listings during the 2025-05-01 period was 2,125 sqft. One year prior, the average listing was 2,150 sqft.