Chico VA Loan Rates, Closing Costs & Stats
CHICO, CA
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.
Chico's 36 lenders originated 148 VA loans during 2023. The total origination value was $57,970,000, with an average VA loan value of $391,689.
Chico VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Chico
averaged
0.24%
for the week of 2024-11-29, compared to the national average (all VA variants) of
0% for the same period.
Chico's average VA mortgage closing costs are $6,526.
The average rate for the prior week (2024-11-22) was
6.4% and
one month ago for the week of 2024-10-25, the
average rate was 6.3%.
The average rate one year ago was 6.94%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0.14%.
Chico 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 Chico level.
The top Chico VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
22 VA loans originated. Their average total fees are
$6,345, which is $224
higher than the next largest lender,
Mortgage Research Center, LLC.
The lowest fee Chico VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($6,122), UNITED WHOLESALE MORTGAGE, LLC ($6,345), QUICKEN LOANS, LLC ($8,563), .
The lowest rate Chico VA lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC (6.21%), QUICKEN LOANS, LLC (6.31%), Mortgage Research Center, LLC (6.67%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Chico (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 | $287,450 (-0.1%) | $381,482 (10.3%) | 1.07 | 415 |
2018-02-01 | $293,750 (2.1%) | $380,820 (7.5%) | 1.07 | 421 |
2018-03-01 | $329,000 (14.3%) | $409,710 (16.5%) | 1.15 | 470 |
2018-04-01 | $324,950 (12.4%) | $390,656 (5.7%) | 1.10 | 520 |
2018-05-01 | $329,625 (12.6%) | $394,542 (4.6%) | 1.10 | 588 |
2018-06-01 | $319,000 (9.6%) | $383,183 (4.3%) | 1.06 | 628 |
2018-07-01 | $323,475 (12.4%) | $387,403 (7.5%) | 1.08 | 679 |
2018-08-01 | $316,375 (9.9%) | $376,846 (3.3%) | 1.06 | 711 |
2018-09-01 | $315,500 (9.6%) | $366,600 (-1.6%) | 1.06 | 731 |
2018-10-01 | $312,500 (8.3%) | $367,177 (-1.3%) | 1.06 | 726 |
2018-11-01 | $302,438 (5.1%) | $370,054 (0.0%) | 1.03 | 574 |
2018-12-01 | $329,000 (14.3%) | $392,817 (4.0%) | 1.13 | 342 |
2019-01-01 | $334,500 (16.4%) | $391,621 (2.7%) | 1.16 | 395 |
2019-02-01 | $333,125 (13.4%) | $384,086 (0.9%) | 1.13 | 412 |
2019-03-01 | $346,714 (5.4%) | $397,138 (-3.1%) | 1.13 | 388 |
2019-04-01 | $366,214 (12.7%) | $416,363 (6.6%) | 1.16 | 400 |
2019-05-01 | $370,000 (12.3%) | $427,475 (8.4%) | 1.16 | 498 |
2019-06-01 | $369,000 (15.7%) | $424,173 (10.7%) | 1.15 | 554 |
2019-07-01 | $358,255 (10.8%) | $421,912 (8.9%) | 1.12 | 613 |
2019-08-01 | $355,462 (12.4%) | $421,463 (11.8%) | 1.13 | 629 |
2019-09-01 | $352,390 (11.7%) | $421,589 (15.0%) | 1.13 | 613 |
2019-10-01 | $350,000 (12.0%) | $421,673 (14.8%) | 1.13 | 585 |
2019-11-01 | $349,500 (15.6%) | $423,281 (14.4%) | 1.15 | 528 |
2019-12-01 | $351,715 (6.9%) | $431,692 (9.9%) | 1.17 | 464 |
2020-01-01 | $362,500 (8.4%) | $445,568 (13.8%) | 1.21 | 389 |
2020-02-01 | $379,500 (13.9%) | $440,942 (14.8%) | 1.24 | 351 |
2020-03-01 | $389,000 (12.2%) | $454,168 (14.4%) | 1.22 | 346 |
2020-04-01 | $399,000 (9.0%) | $466,651 (12.1%) | 1.25 | 347 |
2020-05-01 | $418,000 (13.0%) | $474,953 (11.1%) | 1.27 | 364 |
2020-06-01 | $424,000 (14.9%) | $475,467 (12.1%) | 1.25 | 345 |
2020-07-01 | $402,500 (12.4%) | $479,779 (13.7%) | 1.17 | 305 |
2020-08-01 | $417,000 (17.3%) | $480,119 (13.9%) | 1.19 | 307 |
2020-09-01 | $399,750 (13.4%) | $473,628 (12.3%) | 1.15 | 288 |
2020-10-01 | $398,000 (13.7%) | $460,962 (9.3%) | 1.14 | 308 |
2020-11-01 | $389,000 (11.3%) | $456,687 (7.9%) | 1.14 | 321 |
2020-12-01 | $399,000 (13.4%) | $459,476 (6.4%) | 1.19 | 266 |
2021-01-01 | $399,500 (10.2%) | $464,709 (4.3%) | 1.19 | 244 |
2021-02-01 | $421,875 (11.2%) | $511,847 (16.1%) | 1.23 | 234 |
2021-03-01 | $417,500 (7.3%) | $514,203 (13.2%) | 1.18 | 233 |
2021-04-01 | $430,250 (7.8%) | $547,253 (17.3%) | 1.16 | 224 |
2021-05-01 | $450,000 (7.7%) | $562,905 (18.5%) | 1.20 | 236 |
2021-06-01 | $452,250 (6.7%) | $564,564 (18.7%) | 1.19 | 252 |
2021-07-01 | $447,000 (11.1%) | $550,888 (14.8%) | 1.18 | 282 |
2021-08-01 | $433,750 (4.0%) | $510,201 (6.3%) | 1.16 | 312 |
2021-09-01 | $437,450 (9.4%) | $502,209 (6.0%) | 1.17 | 317 |
2021-10-01 | $449,000 (12.8%) | $541,429 (17.5%) | 1.20 | 324 |
2021-11-01 | $450,000 (15.7%) | $555,696 (21.7%) | 1.20 | 287 |
2021-12-01 | $449,000 (12.5%) | $543,326 (18.3%) | 1.22 | 245 |
2022-01-01 | $442,500 (10.8%) | $541,457 (16.5%) | 1.20 | 198 |
2022-02-01 | $449,950 (6.7%) | $535,830 (4.7%) | 1.17 | 211 |
2022-03-01 | $449,225 (7.6%) | $523,628 (1.8%) | 1.12 | 226 |
2022-04-01 | $480,000 (11.6%) | $553,498 (1.1%) | 1.14 | 264 |
2022-05-01 | $472,000 (4.9%) | $888,874 (57.9%) | 1.08 | 341 |
2022-06-01 | $468,750 (3.7%) | $547,222 (-3.1%) | 1.04 | 391 |
2022-07-01 | $455,000 (1.8%) | $532,510 (-3.3%) | 1.03 | 482 |
2022-08-01 | $457,450 (5.5%) | $529,080 (3.7%) | 1.06 | 523 |
2022-09-01 | $450,000 (2.9%) | $517,905 (3.1%) | 1.05 | 509 |
2022-10-01 | $444,900 (-0.9%) | $515,680 (-4.8%) | 1.05 | 509 |
2022-11-01 | $434,950 (-3.3%) | $510,628 (-8.1%) | 1.05 | 480 |
2022-12-01 | $435,000 (-3.1%) | $513,784 (-5.4%) | 1.07 | 446 |
2023-01-01 | $423,000 (-4.4%) | $506,806 (-6.4%) | 1.05 | 382 |
2023-02-01 | $427,113 (-5.1%) | $519,039 (-3.1%) | 1.03 | 342 |
2023-03-01 | $431,175 (-4.0%) | $518,304 (-1.0%) | 1.02 | 318 |
2023-04-01 | $438,500 (-8.7%) | $521,388 (-5.8%) | 1.02 | 302 |
2023-05-01 | $429,975 (-8.9%) | $519,607 (-41.5%) | 0.98 | 339 |
2023-06-01 | $429,113 (-8.5%) | $516,580 (-5.6%) | 0.96 | 359 |
2023-07-01 | $429,925 (-5.5%) | $514,767 (-3.3%) | 0.98 | 366 |
2023-08-01 | $433,625 (-5.2%) | $521,724 (-1.4%) | 1.00 | 374 |
2023-09-01 | $425,000 (-5.6%) | $510,437 (-1.4%) | 0.99 | 406 |
2023-10-01 | $426,975 (-4.0%) | $506,339 (-1.8%) | 1.00 | 426 |
2023-11-01 | $439,500 (1.1%) | $557,197 (9.1%) | 1.05 | 420 |
2023-12-01 | $431,750 (-0.8%) | $541,538 (5.4%) | 1.05 | 360 |
2024-01-01 | $424,950 (0.5%) | $525,493 (3.7%) | 1.04 | 328 |
2024-02-01 | $420,925 (-1.5%) | $522,244 (0.6%) | 1.01 | 316 |
2024-03-01 | $430,000 (-0.3%) | $528,711 (2.0%) | 1.01 | 349 |
2024-04-01 | $434,000 (-1.0%) | $542,244 (4.0%) | 1.01 | 391 |
2024-05-01 | $449,125 (4.5%) | $554,507 (6.7%) | 1.02 | 454 |
2024-06-01 | $449,000 (4.6%) | $548,352 (6.2%) | 1.01 | 487 |
2024-07-01 | $434,500 (1.1%) | $543,103 (5.5%) | 0.99 | 515 |
2024-08-01 | $424,900 (-2.0%) | $537,131 (3.0%) | 0.99 | 520 |
2024-09-01 | $425,000 (0.0%) | $532,535 (4.3%) | 1.00 | 515 |
2024-10-01 | $425,500 (-0.4%) | $529,317 (4.5%) | 1.00 | 540 |
Chico's median listing price comes in at 100% of the national average.
Chico's average listing price for 2024-10-01 was $529,317, a difference of $22,978 (4.5%) versus the prior year and $-3,218 versus the prior month.
For the 2024-10-01 period, Chico had 540 MLS listings, a difference of 25 listings (5%) versus the prior month and 114 listings (27%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Chico (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 55 days | 1,621 sqft |
2018-02-01 | 38 days | 1,610 sqft |
2018-03-01 | 31 days | 1,694 sqft |
2018-04-01 | 39 days | 1,667 sqft |
2018-05-01 | 34 days | 1,708 sqft |
2018-06-01 | 36 days | 1,681 sqft |
2018-07-01 | 39 days | 1,673 sqft |
2018-08-01 | 44 days | 1,639 sqft |
2018-09-01 | 48 days | 1,615 sqft |
2018-10-01 | 53 days | 1,615 sqft |
2018-11-01 | 55 days | 1,629 sqft |
2018-12-01 | 25 days | 1,615 sqft |
2019-01-01 | 30 days | 1,594 sqft |
2019-02-01 | 32 days | 1,557 sqft |
2019-03-01 | 40 days | 1,588 sqft |
2019-04-01 | 43 days | 1,632 sqft |
2019-05-01 | 36 days | 1,640 sqft |
2019-06-01 | 38 days | 1,684 sqft |
2019-07-01 | 45 days | 1,699 sqft |
2019-08-01 | 49 days | 1,684 sqft |
2019-09-01 | 54 days | 1,684 sqft |
2019-10-01 | 59 days | 1,688 sqft |
2019-11-01 | 65 days | 1,714 sqft |
2019-12-01 | 75 days | 1,715 sqft |
2020-01-01 | 77 days | 1,710 sqft |
2020-02-01 | 80 days | 1,712 sqft |
2020-03-01 | 60 days | 1,755 sqft |
2020-04-01 | 63 days | 1,833 sqft |
2020-05-01 | 64 days | 1,855 sqft |
2020-06-01 | 54 days | 1,865 sqft |
2020-07-01 | 62 days | 1,856 sqft |
2020-08-01 | 51 days | 1,830 sqft |
2020-09-01 | 55 days | 1,756 sqft |
2020-10-01 | 52 days | 1,748 sqft |
2020-11-01 | 49 days | 1,749 sqft |
2020-12-01 | 72 days | 1,753 sqft |
2021-01-01 | 82 days | 1,736 sqft |
2021-02-01 | 63 days | 1,728 sqft |
2021-03-01 | 54 days | 1,708 sqft |
2021-04-01 | 47 days | 1,729 sqft |
2021-05-01 | 36 days | 1,791 sqft |
2021-06-01 | 40 days | 1,755 sqft |
2021-07-01 | 40 days | 1,729 sqft |
2021-08-01 | 45 days | 1,702 sqft |
2021-09-01 | 51 days | 1,713 sqft |
2021-10-01 | 44 days | 1,731 sqft |
2021-11-01 | 51 days | 1,729 sqft |
2021-12-01 | 53 days | 1,702 sqft |
2022-01-01 | 57 days | 1,626 sqft |
2022-02-01 | 36 days | 1,655 sqft |
2022-03-01 | 35 days | 1,646 sqft |
2022-04-01 | 33 days | 1,722 sqft |
2022-05-01 | 36 days | 1,732 sqft |
2022-06-01 | 37 days | 1,714 sqft |
2022-07-01 | 39 days | 1,693 sqft |
2022-08-01 | 46 days | 1,711 sqft |
2022-09-01 | 58 days | 1,690 sqft |
2022-10-01 | 65 days | 1,680 sqft |
2022-11-01 | 64 days | 1,709 sqft |
2022-12-01 | 73 days | 1,712 sqft |
2023-01-01 | 82 days | 1,707 sqft |
2023-02-01 | 81 days | 1,709 sqft |
2023-03-01 | 72 days | 1,676 sqft |
2023-04-01 | 59 days | 1,674 sqft |
2023-05-01 | 43 days | 1,670 sqft |
2023-06-01 | 46 days | 1,668 sqft |
2023-07-01 | 51 days | 1,653 sqft |
2023-08-01 | 50 days | 1,669 sqft |
2023-09-01 | 51 days | 1,658 sqft |
2023-10-01 | 55 days | 1,638 sqft |
2023-11-01 | 58 days | 1,674 sqft |
2023-12-01 | 68 days | 1,671 sqft |
2024-01-01 | 78 days | 1,655 sqft |
2024-02-01 | 78 days | 1,632 sqft |
2024-03-01 | 61 days | 1,654 sqft |
2024-04-01 | 48 days | 1,675 sqft |
2024-05-01 | 42 days | 1,729 sqft |
2024-06-01 | 51 days | 1,714 sqft |
2024-07-01 | 61 days | 1,697 sqft |
2024-08-01 | 65 days | 1,647 sqft |
2024-09-01 | 68 days | 1,636 sqft |
2024-10-01 | 67 days | 1,620 sqft |
Chico's median square footage for active listings during the 2024-10-01 period was 1,620 sqft. One year prior, the average listing was 1,638 sqft.