Coos Bay VA Loan Rates, Closing Costs & Stats
Coos Bay, OR
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.
Coos Bay's 38 lenders originated 115 VA loans during 2023. The total origination value was $39,595,000, with an average VA loan value of $344,304.
Coos Bay VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Coos Bay
averaged
0.37%
for the week of 2024-11-29, compared to the national average (all VA variants) of
0% for the same period.
Coos Bay's average VA mortgage closing costs are $6,401.
The average rate for the prior week (2024-11-22) was
6.74% and
one month ago for the week of 2024-10-25, the
average rate was 6.53%.
The average rate one year ago was 7.18%.
For refis of the same type during the week of 2024-11-29, the average rate
was -0.2%.
Coos Bay 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 Coos Bay level.
The top Coos Bay VA lender as defined by loan originations is Mortgage Research Center, LLC, with
21 VA loans originated. Their average total fees are
$8,034, which is $5,103
lower than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee Coos Bay VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($8,034), GUILD MORTGAGE COMPANY ($13,137), .
The lowest rate Coos Bay VA lenders (with over 10 loans originated) are
GUILD MORTGAGE COMPANY (6.56%), Mortgage Research Center, LLC (6.62%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Coos Bay (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 | $264,500 (2.1%) | $375,288 (10.6%) | 0.00 | 255 |
2018-02-01 | $255,000 (6.7%) | $358,366 (8.1%) | 0.00 | 264 |
2018-03-01 | $260,000 (-4.0%) | $368,325 (8.9%) | 0.00 | 264 |
2018-04-01 | $289,950 (3.9%) | $384,347 (8.0%) | 0.00 | 256 |
2018-05-01 | $294,450 (-1.3%) | $387,459 (7.3%) | 0.00 | 263 |
2018-06-01 | $275,000 (-7.9%) | $368,719 (-1.0%) | 0.00 | 317 |
2018-07-01 | $271,175 (-7.3%) | $365,216 (-3.9%) | 0.00 | 355 |
2018-08-01 | $271,175 (-3.9%) | $363,050 (-2.1%) | 0.00 | 359 |
2018-09-01 | $269,000 (-3.6%) | $367,307 (1.2%) | 0.00 | 348 |
2018-10-01 | $265,000 (-7.6%) | $362,427 (-2.1%) | 0.00 | 327 |
2018-11-01 | $265,000 (-1.8%) | $364,341 (-0.2%) | 0.00 | 278 |
2018-12-01 | $264,450 (-2.1%) | $367,105 (-4.7%) | 0.00 | 250 |
2019-01-01 | $257,500 (-2.7%) | $362,876 (-3.3%) | 0.00 | 232 |
2019-02-01 | $282,000 (10.6%) | $373,025 (4.1%) | 0.00 | 227 |
2019-03-01 | $289,429 (11.3%) | $372,398 (1.1%) | 0.00 | 230 |
2019-04-01 | $290,000 (0.0%) | $372,253 (-3.2%) | 0.00 | 238 |
2019-05-01 | $289,250 (-1.8%) | $373,320 (-3.7%) | 0.00 | 250 |
2019-06-01 | $289,000 (5.1%) | $368,781 (0.0%) | 0.00 | 302 |
2019-07-01 | $289,500 (6.8%) | $374,932 (2.7%) | 0.00 | 308 |
2019-08-01 | $311,909 (15.0%) | $394,362 (8.6%) | 0.00 | 309 |
2019-09-01 | $315,898 (17.4%) | $398,091 (8.4%) | 0.00 | 307 |
2019-10-01 | $318,557 (20.2%) | $395,002 (9.0%) | 0.00 | 296 |
2019-11-01 | $319,900 (20.7%) | $457,244 (25.5%) | 0.00 | 274 |
2019-12-01 | $319,700 (20.9%) | $465,215 (26.7%) | 0.00 | 240 |
2020-01-01 | $322,500 (25.2%) | $466,809 (28.6%) | 0.00 | 226 |
2020-02-01 | $319,500 (13.3%) | $470,264 (26.1%) | 0.00 | 217 |
2020-03-01 | $318,000 (9.9%) | $442,137 (18.7%) | 0.00 | 228 |
2020-04-01 | $303,500 (4.7%) | $435,211 (16.9%) | 0.00 | 236 |
2020-05-01 | $319,000 (10.3%) | $438,195 (17.4%) | 0.00 | 221 |
2020-06-01 | $345,000 (19.4%) | $477,679 (29.5%) | 0.00 | 184 |
2020-07-01 | $331,375 (14.5%) | $477,557 (27.4%) | 0.00 | 173 |
2020-08-01 | $339,999 (9.0%) | $505,139 (28.1%) | 0.00 | 150 |
2020-09-01 | $348,750 (10.4%) | $550,977 (38.4%) | 0.00 | 137 |
2020-10-01 | $350,000 (9.9%) | $561,383 (42.1%) | 0.00 | 125 |
2020-11-01 | $351,250 (9.8%) | $468,696 (2.5%) | 0.00 | 126 |
2020-12-01 | $294,250 (-8.0%) | $440,909 (-5.2%) | 0.00 | 109 |
2021-01-01 | $317,500 (-1.6%) | $450,861 (-3.4%) | 0.00 | 90 |
2021-02-01 | $267,250 (-16.4%) | $430,722 (-8.4%) | 0.00 | 77 |
2021-03-01 | $334,500 (5.2%) | $446,676 (1.0%) | 0.00 | 85 |
2021-04-01 | $349,000 (15.0%) | $454,435 (4.4%) | 0.00 | 88 |
2021-05-01 | $325,000 (1.9%) | $464,875 (6.1%) | 0.00 | 104 |
2021-06-01 | $337,250 (-2.3%) | $445,806 (-6.7%) | 0.00 | 125 |
2021-07-01 | $350,000 (5.6%) | $460,968 (-3.5%) | 0.00 | 146 |
2021-08-01 | $362,500 (6.6%) | $509,644 (0.9%) | 0.00 | 159 |
2021-09-01 | $366,250 (5.0%) | $543,487 (-1.4%) | 0.00 | 147 |
2021-10-01 | $359,000 (2.6%) | $556,166 (-0.9%) | 0.00 | 132 |
2021-11-01 | $372,450 (6.0%) | $600,994 (28.2%) | 0.00 | 121 |
2021-12-01 | $363,500 (23.5%) | $586,723 (33.1%) | 0.00 | 99 |
2022-01-01 | $399,000 (25.7%) | $609,232 (35.1%) | 0.00 | 79 |
2022-02-01 | $388,250 (45.3%) | $643,819 (49.5%) | 0.00 | 73 |
2022-03-01 | $432,500 (29.3%) | $645,280 (44.5%) | 0.00 | 80 |
2022-04-01 | $412,500 (18.2%) | $607,704 (33.7%) | 0.00 | 96 |
2022-05-01 | $399,725 (23.0%) | $575,052 (23.7%) | 0.00 | 106 |
2022-06-01 | $416,894 (23.6%) | $562,049 (26.1%) | 0.00 | 135 |
2022-07-01 | $409,000 (16.9%) | $539,950 (17.1%) | 0.00 | 162 |
2022-08-01 | $431,200 (19.0%) | $552,077 (8.3%) | 0.00 | 179 |
2022-09-01 | $423,000 (15.5%) | $559,928 (3.0%) | 0.00 | 176 |
2022-10-01 | $429,000 (19.5%) | $568,395 (2.2%) | 0.00 | 175 |
2022-11-01 | $428,500 (15.1%) | $564,280 (-6.1%) | 0.00 | 177 |
2022-12-01 | $425,000 (16.9%) | $585,800 (-0.2%) | 0.00 | 154 |
2023-01-01 | $442,250 (10.8%) | $606,695 (-0.4%) | 0.00 | 152 |
2023-02-01 | $448,250 (15.5%) | $583,878 (-9.3%) | 0.00 | 145 |
2023-03-01 | $440,250 (1.8%) | $579,355 (-10.2%) | 0.00 | 135 |
2023-04-01 | $439,000 (6.4%) | $563,718 (-7.2%) | 0.00 | 147 |
2023-05-01 | $427,500 (7.0%) | $553,686 (-3.7%) | 0.00 | 170 |
2023-06-01 | $454,500 (9.0%) | $580,119 (3.2%) | 0.00 | 190 |
2023-07-01 | $449,000 (9.8%) | $574,647 (6.4%) | 0.00 | 235 |
2023-08-01 | $449,700 (4.3%) | $594,908 (7.8%) | 0.00 | 242 |
2023-09-01 | $435,000 (2.8%) | $584,560 (4.4%) | 0.00 | 228 |
2023-10-01 | $439,000 (2.3%) | $604,660 (6.4%) | 0.00 | 222 |
2023-11-01 | $426,000 (-0.6%) | $600,918 (6.5%) | 0.00 | 225 |
2023-12-01 | $429,000 (0.9%) | $601,317 (2.7%) | 0.00 | 210 |
2024-01-01 | $448,500 (1.4%) | $626,727 (3.3%) | 0.00 | 188 |
2024-02-01 | $425,000 (-5.2%) | $600,212 (2.8%) | 0.00 | 181 |
2024-03-01 | $399,000 (-9.4%) | $593,550 (2.5%) | 0.00 | 173 |
2024-04-01 | $423,250 (-3.6%) | $579,781 (2.9%) | 0.00 | 207 |
2024-05-01 | $420,000 (-1.8%) | $575,033 (3.9%) | 0.00 | 233 |
2024-06-01 | $439,000 (-3.4%) | $622,405 (7.3%) | 0.00 | 268 |
2024-07-01 | $449,000 (0.0%) | $622,826 (8.4%) | 0.00 | 297 |
2024-08-01 | $439,000 (-2.4%) | $606,561 (2.0%) | 0.00 | 284 |
2024-09-01 | $438,000 (0.7%) | $608,303 (4.1%) | 0.00 | 275 |
2024-10-01 | $442,000 (0.7%) | $623,968 (3.2%) | 0.00 | 270 |
Coos Bay's median listing price comes in at 0% of the national average.
Coos Bay's average listing price for 2024-10-01 was $623,968, a difference of $19,308 (3.2%) versus the prior year and $15,665 versus the prior month.
For the 2024-10-01 period, Coos Bay had 270 MLS listings, a difference of -5 listings (-2%) versus the prior month and 48 listings (22%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Coos Bay (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,730 sqft |
2018-02-01 | 0 days | 1,744 sqft |
2018-03-01 | 0 days | 1,787 sqft |
2018-04-01 | 0 days | 1,841 sqft |
2018-05-01 | 0 days | 1,800 sqft |
2018-06-01 | 0 days | 1,781 sqft |
2018-07-01 | 0 days | 1,755 sqft |
2018-08-01 | 0 days | 1,738 sqft |
2018-09-01 | 0 days | 1,773 sqft |
2018-10-01 | 0 days | 1,780 sqft |
2018-11-01 | 0 days | 1,774 sqft |
2018-12-01 | 0 days | 1,736 sqft |
2019-01-01 | 0 days | 1,729 sqft |
2019-02-01 | 0 days | 1,751 sqft |
2019-03-01 | 0 days | 1,743 sqft |
2019-04-01 | 0 days | 1,725 sqft |
2019-05-01 | 0 days | 1,736 sqft |
2019-06-01 | 0 days | 1,728 sqft |
2019-07-01 | 0 days | 1,765 sqft |
2019-08-01 | 0 days | 1,805 sqft |
2019-09-01 | 0 days | 1,814 sqft |
2019-10-01 | 0 days | 1,825 sqft |
2019-11-01 | 0 days | 1,845 sqft |
2019-12-01 | 0 days | 1,836 sqft |
2020-01-01 | 0 days | 1,798 sqft |
2020-02-01 | 0 days | 1,882 sqft |
2020-03-01 | 0 days | 1,844 sqft |
2020-04-01 | 0 days | 1,826 sqft |
2020-05-01 | 0 days | 1,860 sqft |
2020-06-01 | 0 days | 1,877 sqft |
2020-07-01 | 0 days | 1,869 sqft |
2020-08-01 | 0 days | 1,873 sqft |
2020-09-01 | 0 days | 1,860 sqft |
2020-10-01 | 0 days | 1,838 sqft |
2020-11-01 | 0 days | 1,693 sqft |
2020-12-01 | 0 days | 1,508 sqft |
2021-01-01 | 0 days | 1,680 sqft |
2021-02-01 | 0 days | 1,646 sqft |
2021-03-01 | 0 days | 1,698 sqft |
2021-04-01 | 0 days | 1,634 sqft |
2021-05-01 | 0 days | 1,582 sqft |
2021-06-01 | 0 days | 1,650 sqft |
2021-07-01 | 0 days | 1,759 sqft |
2021-08-01 | 0 days | 1,795 sqft |
2021-09-01 | 0 days | 1,780 sqft |
2021-10-01 | 0 days | 1,693 sqft |
2021-11-01 | 0 days | 1,686 sqft |
2021-12-01 | 0 days | 1,701 sqft |
2022-01-01 | 0 days | 1,708 sqft |
2022-02-01 | 0 days | 1,583 sqft |
2022-03-01 | 0 days | 1,728 sqft |
2022-04-01 | 0 days | 1,786 sqft |
2022-05-01 | 0 days | 1,752 sqft |
2022-06-01 | 0 days | 1,654 sqft |
2022-07-01 | 0 days | 1,616 sqft |
2022-08-01 | 0 days | 1,683 sqft |
2022-09-01 | 0 days | 1,693 sqft |
2022-10-01 | 0 days | 1,825 sqft |
2022-11-01 | 0 days | 1,746 sqft |
2022-12-01 | 0 days | 1,823 sqft |
2023-01-01 | 0 days | 1,784 sqft |
2023-02-01 | 0 days | 1,782 sqft |
2023-03-01 | 0 days | 1,762 sqft |
2023-04-01 | 0 days | 1,756 sqft |
2023-05-01 | 0 days | 1,802 sqft |
2023-06-01 | 0 days | 1,831 sqft |
2023-07-01 | 0 days | 1,798 sqft |
2023-08-01 | 0 days | 1,820 sqft |
2023-09-01 | 0 days | 1,763 sqft |
2023-10-01 | 0 days | 1,722 sqft |
2023-11-01 | 0 days | 1,742 sqft |
2023-12-01 | 0 days | 1,760 sqft |
2024-01-01 | 0 days | 1,808 sqft |
2024-02-01 | 0 days | 1,761 sqft |
2024-03-01 | 0 days | 1,660 sqft |
2024-04-01 | 0 days | 1,665 sqft |
2024-05-01 | 0 days | 1,680 sqft |
2024-06-01 | 0 days | 1,680 sqft |
2024-07-01 | 0 days | 1,665 sqft |
2024-08-01 | 0 days | 1,686 sqft |
2024-09-01 | 0 days | 1,725 sqft |
2024-10-01 | 0 days | 1,770 sqft |
Coos Bay's median square footage for active listings during the 2024-10-01 period was 1,770 sqft. One year prior, the average listing was 1,722 sqft.