Columbia VA Loan Rates, Closing Costs & Stats
COLUMBIA, MO
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.
Columbia's 42 lenders originated 232 VA loans during 2023. The total origination value was $67,240,000, with an average VA loan value of $289,828.
Columbia VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Columbia
averaged
0.38%
for the week of 2024-11-29, compared to the national average (all VA variants) of
0% for the same period.
Columbia's average VA mortgage closing costs are $4,421.
The average rate for the prior week (2024-11-22) was
6.65% and
one month ago for the week of 2024-10-25, the
average rate was 6.55%.
The average rate one year ago was 7.29%.
For refis of the same type during the week of 2024-11-29, the average rate
was -0.13%.
Columbia 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 Columbia level.
The top Columbia VA lender as defined by loan originations is Mortgage Research Center, LLC, with
73 VA loans originated. Their average total fees are
$5,606, which is $993
higher than the next largest lender,
FLAT BRANCH MORTGAGE, INC..
The lowest fee Columbia VA lenders (with over 10 loans originated) are
FLAT BRANCH MORTGAGE, INC. ($4,613), Mortgage Research Center, LLC ($5,606), PENNYMAC LOAN SERVICES, LLC ($6,123), .
The lowest rate Columbia VA lenders (with over 10 loans originated) are
PENNYMAC LOAN SERVICES, LLC (5.68%), FLAT BRANCH MORTGAGE, INC. (6.66%), Mortgage Research Center, LLC (6.67%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Columbia (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 | $224,950 (8.3%) | $276,908 (6.5%) | 0.83 | 751 |
2018-02-01 | $225,000 (4.7%) | $281,307 (3.4%) | 0.82 | 763 |
2018-03-01 | $235,000 (2.7%) | $286,311 (1.0%) | 0.82 | 827 |
2018-04-01 | $245,650 (-0.9%) | $291,637 (-0.3%) | 0.83 | 856 |
2018-05-01 | $252,500 (1.8%) | $294,170 (-1.9%) | 0.84 | 902 |
2018-06-01 | $249,900 (2.5%) | $293,181 (-3.0%) | 0.83 | 912 |
2018-07-01 | $247,725 (3.4%) | $292,417 (-0.1%) | 0.83 | 921 |
2018-08-01 | $237,425 (2.5%) | $286,035 (-0.1%) | 0.80 | 952 |
2018-09-01 | $234,900 (4.9%) | $278,854 (0.2%) | 0.79 | 999 |
2018-10-01 | $232,475 (3.4%) | $276,905 (-0.2%) | 0.79 | 1,035 |
2018-11-01 | $228,625 (4.4%) | $272,510 (0.1%) | 0.78 | 957 |
2018-12-01 | $229,000 (3.6%) | $273,410 (0.5%) | 0.79 | 889 |
2019-01-01 | $229,000 (1.8%) | $277,344 (0.2%) | 0.79 | 793 |
2019-02-01 | $229,125 (1.8%) | $278,383 (-1.0%) | 0.77 | 802 |
2019-03-01 | $236,429 (0.6%) | $286,481 (0.1%) | 0.77 | 791 |
2019-04-01 | $244,981 (-0.3%) | $292,610 (0.3%) | 0.78 | 775 |
2019-05-01 | $246,250 (-2.5%) | $290,208 (-1.4%) | 0.77 | 787 |
2019-06-01 | $242,750 (-2.9%) | $291,937 (-0.4%) | 0.76 | 809 |
2019-07-01 | $239,950 (-3.1%) | $292,671 (0.1%) | 0.75 | 825 |
2019-08-01 | $240,882 (1.5%) | $292,977 (2.4%) | 0.76 | 793 |
2019-09-01 | $242,355 (3.2%) | $294,167 (5.5%) | 0.78 | 764 |
2019-10-01 | $244,975 (5.4%) | $294,961 (6.5%) | 0.79 | 742 |
2019-11-01 | $239,950 (5.0%) | $295,020 (8.3%) | 0.79 | 709 |
2019-12-01 | $234,975 (2.6%) | $296,537 (8.5%) | 0.78 | 615 |
2020-01-01 | $228,725 (-0.1%) | $292,560 (5.5%) | 0.76 | 548 |
2020-02-01 | $237,900 (3.8%) | $295,541 (6.2%) | 0.78 | 525 |
2020-03-01 | $250,725 (6.1%) | $305,921 (6.8%) | 0.79 | 549 |
2020-04-01 | $269,450 (10.0%) | $319,532 (9.2%) | 0.84 | 502 |
2020-05-01 | $267,000 (8.4%) | $317,140 (9.3%) | 0.81 | 486 |
2020-06-01 | $272,450 (12.2%) | $333,351 (14.2%) | 0.80 | 469 |
2020-07-01 | $276,950 (15.4%) | $340,382 (16.3%) | 0.80 | 455 |
2020-08-01 | $275,950 (14.6%) | $336,474 (14.9%) | 0.79 | 438 |
2020-09-01 | $263,550 (8.8%) | $326,865 (11.1%) | 0.76 | 409 |
2020-10-01 | $246,950 (0.8%) | $316,448 (7.3%) | 0.71 | 398 |
2020-11-01 | $244,475 (1.9%) | $326,009 (10.5%) | 0.71 | 375 |
2020-12-01 | $251,950 (7.2%) | $342,801 (15.6%) | 0.75 | 330 |
2021-01-01 | $254,400 (11.2%) | $367,875 (25.7%) | 0.76 | 265 |
2021-02-01 | $248,425 (4.4%) | $387,681 (31.2%) | 0.72 | 200 |
2021-03-01 | $269,852 (7.6%) | $373,193 (22.0%) | 0.77 | 212 |
2021-04-01 | $292,200 (8.4%) | $377,574 (18.2%) | 0.79 | 200 |
2021-05-01 | $275,000 (3.0%) | $356,451 (12.4%) | 0.73 | 225 |
2021-06-01 | $274,975 (0.9%) | $369,738 (10.9%) | 0.72 | 267 |
2021-07-01 | $275,000 (-0.7%) | $354,061 (4.0%) | 0.73 | 311 |
2021-08-01 | $268,000 (-2.9%) | $344,978 (2.5%) | 0.71 | 314 |
2021-09-01 | $251,450 (-4.6%) | $330,602 (1.1%) | 0.67 | 303 |
2021-10-01 | $269,900 (9.3%) | $338,086 (6.8%) | 0.72 | 294 |
2021-11-01 | $260,972 (6.8%) | $337,864 (3.6%) | 0.70 | 256 |
2021-12-01 | $279,424 (10.9%) | $352,931 (3.0%) | 0.76 | 219 |
2022-01-01 | $319,900 (25.8%) | $369,876 (0.5%) | 0.86 | 166 |
2022-02-01 | $318,950 (28.4%) | $393,127 (1.4%) | 0.83 | 164 |
2022-03-01 | $304,988 (13.0%) | $386,958 (3.7%) | 0.76 | 185 |
2022-04-01 | $316,000 (8.2%) | $400,066 (6.0%) | 0.75 | 212 |
2022-05-01 | $341,500 (24.2%) | $429,559 (20.5%) | 0.78 | 270 |
2022-06-01 | $338,250 (23.0%) | $425,917 (15.2%) | 0.75 | 320 |
2022-07-01 | $334,900 (21.8%) | $421,103 (18.9%) | 0.75 | 378 |
2022-08-01 | $342,400 (27.8%) | $425,711 (23.4%) | 0.79 | 384 |
2022-09-01 | $348,000 (38.4%) | $421,747 (27.6%) | 0.81 | 381 |
2022-10-01 | $350,000 (29.7%) | $417,986 (23.6%) | 0.82 | 399 |
2022-11-01 | $345,625 (32.4%) | $407,744 (20.7%) | 0.83 | 407 |
2022-12-01 | $342,450 (22.6%) | $406,068 (15.1%) | 0.85 | 355 |
2023-01-01 | $354,450 (10.8%) | $415,031 (12.2%) | 0.88 | 299 |
2023-02-01 | $352,500 (10.5%) | $408,961 (4.0%) | 0.85 | 312 |
2023-03-01 | $367,375 (20.5%) | $433,567 (12.1%) | 0.87 | 313 |
2023-04-01 | $385,000 (21.8%) | $463,182 (15.8%) | 0.90 | 313 |
2023-05-01 | $392,450 (14.9%) | $474,772 (10.5%) | 0.89 | 330 |
2023-06-01 | $397,125 (17.4%) | $474,152 (11.3%) | 0.89 | 331 |
2023-07-01 | $388,904 (16.1%) | $459,401 (9.1%) | 0.88 | 416 |
2023-08-01 | $392,425 (14.6%) | $465,170 (9.3%) | 0.90 | 420 |
2023-09-01 | $386,250 (11.0%) | $464,121 (10.1%) | 0.90 | 414 |
2023-10-01 | $397,000 (13.4%) | $467,196 (11.8%) | 0.93 | 425 |
2023-11-01 | $384,725 (11.3%) | $456,529 (12.0%) | 0.92 | 426 |
2023-12-01 | $374,900 (9.5%) | $450,882 (11.0%) | 0.91 | 420 |
2024-01-01 | $375,000 (5.8%) | $450,563 (8.6%) | 0.92 | 361 |
2024-02-01 | $382,450 (8.5%) | $457,448 (11.9%) | 0.92 | 352 |
2024-03-01 | $375,000 (2.1%) | $456,705 (5.3%) | 0.88 | 364 |
2024-04-01 | $402,200 (4.5%) | $492,324 (6.3%) | 0.94 | 370 |
2024-05-01 | $428,125 (9.1%) | $522,264 (10.0%) | 0.97 | 400 |
2024-06-01 | $425,000 (7.0%) | $509,356 (7.4%) | 0.96 | 441 |
2024-07-01 | $413,650 (6.4%) | $489,489 (6.6%) | 0.95 | 469 |
2024-08-01 | $412,500 (5.1%) | $470,550 (1.2%) | 0.96 | 488 |
2024-09-01 | $395,950 (2.5%) | $456,661 (-1.6%) | 0.93 | 518 |
2024-10-01 | $394,375 (-0.7%) | $451,299 (-3.4%) | 0.93 | 544 |
Columbia's median listing price comes in at 93% of the national average.
Columbia's average listing price for 2024-10-01 was $451,299, a difference of $-15,897 (-3.4%) versus the prior year and $-5,362 versus the prior month.
For the 2024-10-01 period, Columbia had 544 MLS listings, a difference of 26 listings (5%) versus the prior month and 119 listings (28%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Columbia (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 79 days | 1,971 sqft |
2018-02-01 | 72 days | 1,994 sqft |
2018-03-01 | 53 days | 2,069 sqft |
2018-04-01 | 45 days | 2,181 sqft |
2018-05-01 | 47 days | 2,224 sqft |
2018-06-01 | 56 days | 2,210 sqft |
2018-07-01 | 64 days | 2,229 sqft |
2018-08-01 | 65 days | 2,179 sqft |
2018-09-01 | 64 days | 2,135 sqft |
2018-10-01 | 67 days | 2,133 sqft |
2018-11-01 | 77 days | 2,088 sqft |
2018-12-01 | 89 days | 2,029 sqft |
2019-01-01 | 95 days | 1,947 sqft |
2019-02-01 | 89 days | 1,947 sqft |
2019-03-01 | 62 days | 2,066 sqft |
2019-04-01 | 43 days | 2,151 sqft |
2019-05-01 | 47 days | 2,147 sqft |
2019-06-01 | 53 days | 2,152 sqft |
2019-07-01 | 56 days | 2,093 sqft |
2019-08-01 | 59 days | 2,105 sqft |
2019-09-01 | 60 days | 2,125 sqft |
2019-10-01 | 62 days | 2,142 sqft |
2019-11-01 | 67 days | 2,046 sqft |
2019-12-01 | 76 days | 2,030 sqft |
2020-01-01 | 84 days | 1,920 sqft |
2020-02-01 | 59 days | 1,942 sqft |
2020-03-01 | 38 days | 1,963 sqft |
2020-04-01 | 45 days | 2,060 sqft |
2020-05-01 | 45 days | 2,100 sqft |
2020-06-01 | 37 days | 2,089 sqft |
2020-07-01 | 38 days | 2,065 sqft |
2020-08-01 | 42 days | 2,091 sqft |
2020-09-01 | 44 days | 1,996 sqft |
2020-10-01 | 37 days | 1,953 sqft |
2020-11-01 | 41 days | 1,928 sqft |
2020-12-01 | 54 days | 1,966 sqft |
2021-01-01 | 57 days | 1,969 sqft |
2021-02-01 | 28 days | 1,938 sqft |
2021-03-01 | 17 days | 1,950 sqft |
2021-04-01 | 21 days | 2,126 sqft |
2021-05-01 | 15 days | 2,021 sqft |
2021-06-01 | 16 days | 1,990 sqft |
2021-07-01 | 22 days | 2,055 sqft |
2021-08-01 | 28 days | 1,929 sqft |
2021-09-01 | 31 days | 1,919 sqft |
2021-10-01 | 30 days | 1,952 sqft |
2021-11-01 | 35 days | 1,945 sqft |
2021-12-01 | 44 days | 1,976 sqft |
2022-01-01 | 41 days | 2,000 sqft |
2022-02-01 | 26 days | 1,988 sqft |
2022-03-01 | 15 days | 2,058 sqft |
2022-04-01 | 14 days | 2,086 sqft |
2022-05-01 | 14 days | 2,155 sqft |
2022-06-01 | 20 days | 2,096 sqft |
2022-07-01 | 26 days | 2,051 sqft |
2022-08-01 | 37 days | 2,051 sqft |
2022-09-01 | 42 days | 2,042 sqft |
2022-10-01 | 45 days | 2,004 sqft |
2022-11-01 | 46 days | 1,971 sqft |
2022-12-01 | 61 days | 1,975 sqft |
2023-01-01 | 78 days | 1,984 sqft |
2023-02-01 | 56 days | 1,974 sqft |
2023-03-01 | 37 days | 2,000 sqft |
2023-04-01 | 30 days | 2,058 sqft |
2023-05-01 | 31 days | 2,119 sqft |
2023-06-01 | 33 days | 2,220 sqft |
2023-07-01 | 26 days | 2,126 sqft |
2023-08-01 | 42 days | 2,166 sqft |
2023-09-01 | 51 days | 2,200 sqft |
2023-10-01 | 53 days | 2,219 sqft |
2023-11-01 | 54 days | 2,133 sqft |
2023-12-01 | 64 days | 2,076 sqft |
2024-01-01 | 72 days | 2,065 sqft |
2024-02-01 | 50 days | 2,045 sqft |
2024-03-01 | 33 days | 1,981 sqft |
2024-04-01 | 32 days | 2,012 sqft |
2024-05-01 | 36 days | 2,137 sqft |
2024-06-01 | 36 days | 2,129 sqft |
2024-07-01 | 40 days | 2,129 sqft |
2024-08-01 | 44 days | 2,101 sqft |
2024-09-01 | 45 days | 2,072 sqft |
2024-10-01 | 52 days | 2,063 sqft |
Columbia's median square footage for active listings during the 2024-10-01 period was 2,063 sqft. One year prior, the average listing was 2,219 sqft.