Clarksville VA Loan Rates, Closing Costs & Stats
CLARKSVILLE, TN-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.
Clarksville's 192 lenders originated 4,638 VA loans during 2022. The total origination value was $1,380,640,000, with an average VA loan value of $297,680.
Clarksville VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Clarksville
averaged
-0.32%
for the week of 2023-11-24, compared to the national average (all VA variants) of
0% for the same period.
Clarksville's average VA mortgage closing costs are $5,656.
The average rate for the prior week (2023-11-17) was
6.92% and
one month ago for the week of 2023-10-20, the
average rate was 6.95%.
The average rate one year ago was 5.97%.
For refis of the same type during the week of 2023-11-24, the average rate
was -1.25%.
Clarksville 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 Clarksville level.
The top Clarksville VA lender as defined by loan originations is Mortgage Research Center, LLC, with
1,227 VA loans originated. Their average total fees are
$7,710, which is $1,336
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Clarksville VA lenders (with over 10 loans originated) are
LAKEVIEW LOAN SERVICING, LLC ($3,889), Wells Fargo Bank ($5,958), PLANET HOME LENDING, LLC ($6,038), Fortera Federal Credit Union ($6,491) and HIGHLANDS RESIDENTIAL MORTGAGE, LTD. ($7,177).
The lowest rate Clarksville VA lenders (with over 10 loans originated) are
LAKEVIEW LOAN SERVICING, LLC (3.18%), PENNYMAC LOAN SERVICES, LLC (3.57%), PENTAGON FEDERAL CREDIT UNION (3.78%), First Federal Bank (3.89%) and Wells Fargo Bank (4.02%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Clarksville (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 | $214,650 (24.3%) | $231,004 (14.7%) | 0.80 | 1,349 |
| 2018-02-01 | $217,475 (21.4%) | $234,013 (15.5%) | 0.79 | 1,248 |
| 2018-03-01 | $215,000 (15.7%) | $236,293 (14.6%) | 0.75 | 1,256 |
| 2018-04-01 | $218,300 (15.0%) | $239,621 (14.7%) | 0.74 | 1,287 |
| 2018-05-01 | $220,925 (12.8%) | $240,118 (9.2%) | 0.74 | 1,332 |
| 2018-06-01 | $216,900 (12.4%) | $241,257 (10.3%) | 0.72 | 1,425 |
| 2018-07-01 | $216,750 (9.8%) | $241,915 (8.4%) | 0.72 | 1,484 |
| 2018-08-01 | $219,700 (9.9%) | $243,633 (7.1%) | 0.74 | 1,518 |
| 2018-09-01 | $221,725 (11.4%) | $243,705 (6.3%) | 0.75 | 1,500 |
| 2018-10-01 | $223,450 (12.3%) | $243,930 (6.5%) | 0.76 | 1,495 |
| 2018-11-01 | $227,625 (13.8%) | $246,904 (8.5%) | 0.77 | 1,463 |
| 2018-12-01 | $230,000 (10.6%) | $250,793 (9.6%) | 0.79 | 1,401 |
| 2019-01-01 | $230,450 (7.4%) | $252,234 (9.2%) | 0.80 | 1,314 |
| 2019-02-01 | $238,245 (9.6%) | $257,736 (10.1%) | 0.81 | 1,277 |
| 2019-03-01 | $245,084 (14.0%) | $265,773 (12.5%) | 0.80 | 1,181 |
| 2019-04-01 | $251,131 (15.0%) | $271,246 (13.2%) | 0.80 | 1,134 |
| 2019-05-01 | $252,660 (14.4%) | $269,690 (12.3%) | 0.79 | 1,184 |
| 2019-06-01 | $252,467 (16.4%) | $266,125 (10.3%) | 0.79 | 1,238 |
| 2019-07-01 | $253,119 (16.8%) | $267,690 (10.7%) | 0.79 | 1,249 |
| 2019-08-01 | $251,455 (14.5%) | $265,601 (9.0%) | 0.80 | 1,255 |
| 2019-09-01 | $250,636 (13.0%) | $264,060 (8.4%) | 0.80 | 1,249 |
| 2019-10-01 | $250,091 (11.9%) | $263,266 (7.9%) | 0.81 | 1,240 |
| 2019-11-01 | $249,900 (9.8%) | $262,493 (6.3%) | 0.82 | 1,202 |
| 2019-12-01 | $249,900 (8.7%) | $261,893 (4.4%) | 0.83 | 1,156 |
| 2020-01-01 | $249,900 (8.4%) | $263,225 (4.4%) | 0.84 | 1,110 |
| 2020-02-01 | $249,900 (4.9%) | $267,595 (3.8%) | 0.82 | 1,024 |
| 2020-03-01 | $251,125 (2.5%) | $274,667 (3.4%) | 0.79 | 984 |
| 2020-04-01 | $254,185 (1.2%) | $277,328 (2.2%) | 0.80 | 1,037 |
| 2020-05-01 | $260,900 (3.3%) | $288,938 (7.1%) | 0.79 | 930 |
| 2020-06-01 | $265,350 (5.1%) | $294,081 (10.5%) | 0.78 | 802 |
| 2020-07-01 | $262,675 (3.8%) | $292,361 (9.2%) | 0.76 | 803 |
| 2020-08-01 | $259,900 (3.4%) | $288,216 (8.5%) | 0.74 | 675 |
| 2020-09-01 | $270,200 (7.8%) | $292,752 (10.9%) | 0.77 | 679 |
| 2020-10-01 | $284,900 (13.9%) | $301,559 (14.6%) | 0.82 | 626 |
| 2020-11-01 | $277,223 (10.9%) | $302,596 (15.3%) | 0.81 | 583 |
| 2020-12-01 | $281,600 (12.7%) | $303,530 (15.9%) | 0.84 | 557 |
| 2021-01-01 | $280,400 (12.2%) | $304,193 (15.6%) | 0.84 | 513 |
| 2021-02-01 | $289,800 (16.0%) | $315,322 (17.8%) | 0.84 | 463 |
| 2021-03-01 | $312,800 (24.6%) | $331,260 (20.6%) | 0.89 | 365 |
| 2021-04-01 | $316,950 (24.7%) | $342,040 (23.3%) | 0.86 | 326 |
| 2021-05-01 | $295,000 (13.1%) | $341,786 (18.3%) | 0.78 | 287 |
| 2021-06-01 | $288,675 (8.8%) | $326,457 (11.0%) | 0.76 | 409 |
| 2021-07-01 | $287,900 (9.6%) | $331,653 (13.4%) | 0.76 | 483 |
| 2021-08-01 | $303,775 (16.9%) | $338,718 (17.5%) | 0.81 | 569 |
| 2021-09-01 | $318,000 (17.7%) | $346,762 (18.5%) | 0.85 | 606 |
| 2021-10-01 | $324,450 (13.9%) | $349,958 (16.1%) | 0.87 | 665 |
| 2021-11-01 | $331,500 (19.6%) | $359,555 (18.8%) | 0.89 | 624 |
| 2021-12-01 | $325,000 (15.4%) | $361,712 (19.2%) | 0.88 | 598 |
| 2022-01-01 | $337,400 (20.3%) | $380,527 (25.1%) | 0.91 | 483 |
| 2022-02-01 | $348,100 (20.1%) | $388,166 (23.1%) | 0.91 | 405 |
| 2022-03-01 | $339,700 (8.6%) | $395,600 (19.4%) | 0.85 | 373 |
| 2022-04-01 | $335,000 (5.7%) | $395,970 (15.8%) | 0.80 | 399 |
| 2022-05-01 | $347,450 (17.8%) | $396,911 (16.1%) | 0.79 | 526 |
| 2022-06-01 | $351,950 (21.9%) | $391,844 (20.0%) | 0.78 | 712 |
| 2022-07-01 | $359,900 (25.0%) | $398,597 (20.2%) | 0.81 | 882 |
| 2022-08-01 | $365,000 (20.2%) | $398,556 (17.7%) | 0.84 | 1,087 |
| 2022-09-01 | $357,500 (12.4%) | $395,325 (14.0%) | 0.84 | 1,175 |
| 2022-10-01 | $359,900 (10.9%) | $393,201 (12.4%) | 0.85 | 1,221 |
| 2022-11-01 | $354,900 (7.1%) | $391,970 (9.0%) | 0.85 | 1,276 |
| 2022-12-01 | $351,900 (8.3%) | $386,843 (7.0%) | 0.87 | 1,252 |
| 2023-01-01 | $353,450 (4.8%) | $393,078 (3.3%) | 0.88 | 1,222 |
| 2023-02-01 | $363,900 (4.5%) | $405,150 (4.4%) | 0.88 | 1,091 |
| 2023-03-01 | $366,950 (8.0%) | $409,162 (3.4%) | 0.87 | 959 |
| 2023-04-01 | $360,000 (7.5%) | $405,461 (2.4%) | 0.84 | 906 |
| 2023-05-01 | $362,925 (4.5%) | $403,846 (1.8%) | 0.82 | 935 |
| 2023-06-01 | $362,825 (3.1%) | $407,174 (3.9%) | 0.82 | 950 |
| 2023-07-01 | $360,000 (0.0%) | $408,367 (2.5%) | 0.82 | 1,066 |
| 2023-08-01 | $356,000 (-2.5%) | $404,690 (1.5%) | 0.82 | 1,162 |
| 2023-09-01 | $348,400 (-2.6%) | $390,620 (-1.2%) | 0.81 | 1,198 |
| 2023-10-01 | $339,575 (-5.7%) | $381,874 (-2.9%) | 0.80 | 1,279 |
Clarksville's median listing price comes in at 80% of the national average.
Clarksville's average listing price for 2023-10-01 was $381,874, a difference of $-11,327 (-2.9%) versus the prior year and $-8,746 versus the prior month.
For the 2023-10-01 period, Clarksville had 1,279 MLS listings, a difference of 81 listings (7%) versus the prior month and 58 listings (5%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Clarksville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 69 days | 2,071 sqft |
| 2018-02-01 | 69 days | 2,094 sqft |
| 2018-03-01 | 46 days | 2,073 sqft |
| 2018-04-01 | 44 days | 2,089 sqft |
| 2018-05-01 | 44 days | 2,113 sqft |
| 2018-06-01 | 47 days | 2,095 sqft |
| 2018-07-01 | 52 days | 2,074 sqft |
| 2018-08-01 | 51 days | 2,077 sqft |
| 2018-09-01 | 53 days | 2,109 sqft |
| 2018-10-01 | 59 days | 2,110 sqft |
| 2018-11-01 | 62 days | 2,124 sqft |
| 2018-12-01 | 71 days | 2,150 sqft |
| 2019-01-01 | 80 days | 2,162 sqft |
| 2019-02-01 | 69 days | 2,200 sqft |
| 2019-03-01 | 56 days | 2,239 sqft |
| 2019-04-01 | 47 days | 2,278 sqft |
| 2019-05-01 | 44 days | 2,248 sqft |
| 2019-06-01 | 41 days | 2,238 sqft |
| 2019-07-01 | 45 days | 2,237 sqft |
| 2019-08-01 | 47 days | 2,205 sqft |
| 2019-09-01 | 49 days | 2,174 sqft |
| 2019-10-01 | 50 days | 2,151 sqft |
| 2019-11-01 | 59 days | 2,144 sqft |
| 2019-12-01 | 66 days | 2,138 sqft |
| 2020-01-01 | 66 days | 2,101 sqft |
| 2020-02-01 | 52 days | 2,122 sqft |
| 2020-03-01 | 38 days | 2,133 sqft |
| 2020-04-01 | 41 days | 2,151 sqft |
| 2020-05-01 | 51 days | 2,160 sqft |
| 2020-06-01 | 51 days | 2,166 sqft |
| 2020-07-01 | 38 days | 2,128 sqft |
| 2020-08-01 | 33 days | 2,120 sqft |
| 2020-09-01 | 30 days | 2,174 sqft |
| 2020-10-01 | 32 days | 2,200 sqft |
| 2020-11-01 | 41 days | 2,188 sqft |
| 2020-12-01 | 36 days | 2,186 sqft |
| 2021-01-01 | 31 days | 2,177 sqft |
| 2021-02-01 | 25 days | 2,196 sqft |
| 2021-03-01 | 24 days | 2,248 sqft |
| 2021-04-01 | 18 days | 2,230 sqft |
| 2021-05-01 | 10 days | 2,157 sqft |
| 2021-06-01 | 11 days | 2,044 sqft |
| 2021-07-01 | 19 days | 2,050 sqft |
| 2021-08-01 | 18 days | 2,089 sqft |
| 2021-09-01 | 24 days | 2,091 sqft |
| 2021-10-01 | 26 days | 2,092 sqft |
| 2021-11-01 | 32 days | 2,110 sqft |
| 2021-12-01 | 40 days | 2,076 sqft |
| 2022-01-01 | 44 days | 2,111 sqft |
| 2022-02-01 | 21 days | 2,100 sqft |
| 2022-03-01 | 16 days | 2,062 sqft |
| 2022-04-01 | 12 days | 2,033 sqft |
| 2022-05-01 | 15 days | 2,049 sqft |
| 2022-06-01 | 20 days | 2,044 sqft |
| 2022-07-01 | 23 days | 2,067 sqft |
| 2022-08-01 | 32 days | 2,089 sqft |
| 2022-09-01 | 40 days | 2,072 sqft |
| 2022-10-01 | 50 days | 2,065 sqft |
| 2022-11-01 | 50 days | 2,060 sqft |
| 2022-12-01 | 54 days | 2,051 sqft |
| 2023-01-01 | 63 days | 2,051 sqft |
| 2023-02-01 | 58 days | 2,068 sqft |
| 2023-03-01 | 48 days | 2,067 sqft |
| 2023-04-01 | 39 days | 2,050 sqft |
| 2023-05-01 | 37 days | 2,048 sqft |
| 2023-06-01 | 37 days | 2,051 sqft |
| 2023-07-01 | 36 days | 2,031 sqft |
| 2023-08-01 | 42 days | 2,000 sqft |
| 2023-09-01 | 46 days | 1,937 sqft |
| 2023-10-01 | 44 days | 1,910 sqft |
Clarksville's median square footage for active listings during the 2023-10-01 period was 1,910 sqft. One year prior, the average listing was 2,065 sqft.