Crawfordsville VA Loan Rates, Closing Costs & Stats

Crawfordsville, IN

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    • 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.

    Crawfordsville's 21 lenders originated 45 VA loans during 2023. The total origination value was $10,265,000, with an average VA loan value of $228,111.

    Crawfordsville VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Crawfordsville averaged 6.91% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Crawfordsville's average VA mortgage closing costs are $4,691.

    The average rate for the prior week (2025-02-07) was 6.65% and one month ago for the week of 2025-01-10, the average rate was 7.18%.

    The average rate one year ago was 6.91%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.43%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Crawfordsville 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 Crawfordsville level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 10 6.92% $3,701
    Wolfe Financial, Inc 4 7.16% $5,602
    FREEDOM MORTGAGE CORPORATION 4 6.88% $13,088
    University Bank 4 6.66% $2,847
    PNC Bank 3 6.79% $4,871
    GVC MORTGAGE, INC. 2 6.13% $7,503
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.00% $6,228
    QUICKEN LOANS, LLC 1 5.99% $13,636
    RUOFF MORTGAGE COMPANY, INC. 1 7.50% $8,453
    Servion, Inc. 1 5.63% $9,332
    TEACHERS CREDIT UNION 1 6.13% $8,451
    UNION HOME MORTGAGE CORP. 1 7.63% $12,542
    UNITED WHOLESALE MORTGAGE, LLC 1 6.13% $11,540
    USAA Federal Savings Bank 1 6.50% $6,472
    NEW DAY FINANCIAL, LLC 1 7.99% $8,480
    BROKER SOLUTIONS, INC. 1 6.50% $12,472
    LOANPAL, LLC 1 6.75% $7,876
    Magnolia Bank 1 6.49% $15,580
    MJW Financial LLC 1 6.99% $6,750
    NAVY FEDERAL CREDIT UNION 1 5.00% $2,544
    Barrington Bank & Trust Company, N.A. 1 5.75% $2,036

    The top Crawfordsville VA lender as defined by loan originations is Mortgage Research Center, LLC, with 10 VA loans originated. Their average total fees are $3,701, which is $1,901 lower than the next largest lender, Wolfe Financial, Inc.

    The lowest fee Crawfordsville VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($3,701), .

    The lowest rate Crawfordsville VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.92%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Crawfordsville (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 $129,450 (23.7%) $196,952 (23.4%) 0.00 132
    2018-02-01 $137,800 (23.7%) $202,921 (21.5%) 0.00 135
    2018-03-01 $138,900 (29.3%) $198,633 (19.6%) 0.00 131
    2018-04-01 $129,900 (8.3%) $194,752 (10.7%) 0.00 129
    2018-05-01 $139,925 (16.6%) $191,249 (4.0%) 0.00 136
    2018-06-01 $144,900 (18.4%) $193,330 (6.2%) 0.00 146
    2018-07-01 $149,900 (3.5%) $204,400 (-3.0%) 0.00 152
    2018-08-01 $147,300 (0.6%) $203,195 (-3.1%) 0.00 157
    2018-09-01 $139,900 (-5.8%) $205,696 (-1.2%) 0.00 149
    2018-10-01 $134,800 (-7.0%) $188,352 (-11.2%) 0.00 163
    2018-11-01 $129,800 (-6.8%) $194,311 (-8.1%) 0.00 154
    2018-12-01 $142,900 (10.0%) $196,115 (-2.9%) 0.00 136
    2019-01-01 $123,700 (-4.4%) $190,877 (-3.1%) 0.00 125
    2019-02-01 $113,225 (-17.8%) $143,967 (-29.1%) 0.00 100
    2019-03-01 $125,671 (-9.5%) $159,470 (-19.7%) 0.00 95
    2019-04-01 $140,950 (8.5%) $165,601 (-15.0%) 0.00 87
    2019-05-01 $149,475 (6.8%) $189,282 (-1.0%) 0.00 93
    2019-06-01 $141,200 (-2.6%) $186,656 (-3.5%) 0.00 100
    2019-07-01 $154,925 (3.4%) $191,422 (-6.4%) 0.00 121
    2019-08-01 $145,873 (-1.0%) $189,688 (-6.7%) 0.00 111
    2019-09-01 $139,757 (-0.1%) $186,496 (-9.3%) 0.00 119
    2019-10-01 $138,655 (2.9%) $183,519 (-2.6%) 0.00 126
    2019-11-01 $145,000 (11.7%) $186,485 (-4.0%) 0.00 118
    2019-12-01 $144,225 (0.9%) $188,028 (-4.1%) 0.00 110
    2020-01-01 $145,000 (17.2%) $202,398 (6.0%) 0.00 107
    2020-02-01 $144,450 (27.6%) $202,219 (40.5%) 0.00 99
    2020-03-01 $148,500 (18.2%) $213,446 (33.9%) 0.00 87
    2020-04-01 $149,975 (6.4%) $221,780 (33.9%) 0.00 79
    2020-05-01 $179,700 (20.2%) $238,301 (25.9%) 0.00 64
    2020-06-01 $179,500 (27.1%) $252,649 (35.4%) 0.00 54
    2020-07-01 $185,425 (19.7%) $253,685 (32.5%) 0.00 55
    2020-08-01 $179,500 (23.1%) $239,373 (26.2%) 0.00 56
    2020-09-01 $170,925 (22.3%) $231,479 (24.1%) 0.00 53
    2020-10-01 $147,250 (6.2%) $228,322 (24.4%) 0.00 52
    2020-11-01 $168,200 (16.0%) $229,859 (23.3%) 0.00 50
    2020-12-01 $176,725 (22.5%) $236,659 (25.9%) 0.00 43
    2021-01-01 $172,450 (18.9%) $228,929 (13.1%) 0.00 35
    2021-02-01 $189,925 (31.5%) $259,540 (28.4%) 0.00 28
    2021-03-01 $178,500 (20.2%) $264,054 (23.7%) 0.00 28
    2021-04-01 $223,125 (48.8%) $278,494 (25.6%) 0.00 28
    2021-05-01 $223,700 (24.5%) $271,771 (14.1%) 0.00 36
    2021-06-01 $198,575 (10.6%) $264,870 (4.8%) 0.00 40
    2021-07-01 $224,889 (21.3%) $251,344 (-0.9%) 0.00 52
    2021-08-01 $185,675 (3.4%) $235,506 (-1.6%) 0.00 55
    2021-09-01 $192,675 (12.7%) $242,766 (4.9%) 0.00 57
    2021-10-01 $199,900 (35.8%) $255,824 (12.1%) 0.00 50
    2021-11-01 $200,675 (19.3%) $265,220 (15.4%) 0.00 54
    2021-12-01 $197,500 (11.8%) $262,232 (10.8%) 0.00 58
    2022-01-01 $187,099 (8.5%) $268,701 (17.4%) 0.00 41
    2022-02-01 $187,500 (-1.3%) $273,675 (5.5%) 0.00 31
    2022-03-01 $189,200 (6.0%) $298,254 (13.0%) 0.00 29
    2022-04-01 $170,000 (-23.8%) $277,780 (-0.3%) 0.00 34
    2022-05-01 $219,950 (-1.7%) $293,071 (7.8%) 0.00 46
    2022-06-01 $211,975 (6.8%) $277,482 (4.8%) 0.00 56
    2022-07-01 $221,700 (-1.4%) $269,455 (7.2%) 0.00 68
    2022-08-01 $204,750 (10.3%) $264,125 (12.2%) 0.00 64
    2022-09-01 $194,950 (1.2%) $263,689 (8.6%) 0.00 58
    2022-10-01 $217,950 (9.0%) $259,192 (1.3%) 0.00 68
    2022-11-01 $209,000 (4.2%) $267,845 (1.0%) 0.00 78
    2022-12-01 $210,000 (6.3%) $277,001 (5.6%) 0.00 78
    2023-01-01 $211,125 (12.8%) $273,716 (1.9%) 0.00 74
    2023-02-01 $208,225 (11.1%) $270,951 (-1.0%) 0.00 59
    2023-03-01 $197,450 (4.4%) $258,375 (-13.4%) 0.00 58
    2023-04-01 $249,900 (47.0%) $285,639 (2.8%) 0.00 44
    2023-05-01 $204,450 (-7.1%) $276,719 (-5.6%) 0.00 50
    2023-06-01 $260,000 (22.7%) $292,722 (5.5%) 0.00 56
    2023-07-01 $279,950 (26.3%) $332,030 (23.2%) 0.00 49
    2023-08-01 $279,900 (36.7%) $317,046 (20.0%) 0.00 54
    2023-09-01 $275,000 (41.1%) $313,233 (18.8%) 0.00 64
    2023-10-01 $252,450 (15.8%) $294,424 (13.6%) 0.00 86
    2023-11-01 $248,700 (19.0%) $293,732 (9.7%) 0.00 86
    2023-12-01 $249,950 (19.0%) $300,816 (8.6%) 0.00 83
    2024-01-01 $270,000 (27.9%) $317,538 (16.0%) 0.00 66
    2024-02-01 $286,000 (37.4%) $315,750 (16.5%) 0.00 61
    2024-03-01 $300,000 (51.9%) $342,307 (32.5%) 0.00 52
    2024-04-01 $276,950 (10.8%) $326,035 (14.1%) 0.00 50
    2024-05-01 $263,700 (29.0%) $325,315 (17.6%) 0.00 57
    2024-06-01 $252,450 (-2.9%) $306,343 (4.7%) 0.00 65
    2024-07-01 $262,225 (-6.3%) $318,091 (-4.2%) 0.00 68
    2024-08-01 $249,500 (-10.9%) $299,694 (-5.5%) 0.00 78
    2024-09-01 $246,200 (-10.5%) $284,668 (-9.1%) 0.00 92
    2024-10-01 $235,450 (-6.7%) $282,392 (-4.1%) 0.00 90
    2024-11-01 $224,250 (-9.8%) $262,658 (-10.6%) 0.00 93
    2024-12-01 $228,675 (-8.5%) $272,141 (-9.5%) 0.00 84
    2025-01-01 $254,450 (-5.8%) $290,507 (-8.5%) 0.00 75
    Crawfordsville's median listing price for 2025-01-01 was $254,450, a difference of $-15,550 (-5.8%) versus the prior year and $25,775 versus the prior month.

    Crawfordsville's median listing price comes in at 0% of the national average.

    Crawfordsville's average listing price for 2025-01-01 was $290,507, a difference of $-27,031 (-8.5%) versus the prior year and $18,366 versus the prior month.

    For the 2025-01-01 period, Crawfordsville had 75 MLS listings, a difference of -9 listings (-11%) versus the prior month and 9 listings (14%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Crawfordsville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,992 sqft
    2018-02-01 0 days 2,000 sqft
    2018-03-01 0 days 1,992 sqft
    2018-04-01 0 days 1,977 sqft
    2018-05-01 0 days 1,965 sqft
    2018-06-01 0 days 2,036 sqft
    2018-07-01 0 days 2,102 sqft
    2018-08-01 0 days 2,052 sqft
    2018-09-01 0 days 2,216 sqft
    2018-10-01 0 days 2,234 sqft
    2018-11-01 0 days 2,216 sqft
    2018-12-01 0 days 2,194 sqft
    2019-01-01 0 days 2,019 sqft
    2019-02-01 0 days 1,984 sqft
    2019-03-01 0 days 2,003 sqft
    2019-04-01 0 days 2,053 sqft
    2019-05-01 0 days 2,146 sqft
    2019-06-01 0 days 2,147 sqft
    2019-07-01 0 days 2,100 sqft
    2019-08-01 0 days 2,073 sqft
    2019-09-01 0 days 2,032 sqft
    2019-10-01 0 days 2,071 sqft
    2019-11-01 0 days 2,040 sqft
    2019-12-01 0 days 2,036 sqft
    2020-01-01 0 days 1,905 sqft
    2020-02-01 0 days 1,984 sqft
    2020-03-01 0 days 1,902 sqft
    2020-04-01 0 days 2,048 sqft
    2020-05-01 0 days 2,068 sqft
    2020-06-01 0 days 2,062 sqft
    2020-07-01 0 days 2,129 sqft
    2020-08-01 0 days 2,179 sqft
    2020-09-01 0 days 2,245 sqft
    2020-10-01 0 days 2,150 sqft
    2020-11-01 0 days 2,335 sqft
    2020-12-01 0 days 2,216 sqft
    2021-01-01 0 days 2,073 sqft
    2021-02-01 0 days 1,969 sqft
    2021-03-01 0 days 2,041 sqft
    2021-04-01 0 days 2,204 sqft
    2021-05-01 0 days 2,071 sqft
    2021-06-01 0 days 2,030 sqft
    2021-07-01 0 days 2,075 sqft
    2021-08-01 0 days 2,043 sqft
    2021-09-01 0 days 2,142 sqft
    2021-10-01 0 days 2,028 sqft
    2021-11-01 0 days 2,162 sqft
    2021-12-01 0 days 2,090 sqft
    2022-01-01 0 days 2,000 sqft
    2022-02-01 0 days 2,084 sqft
    2022-03-01 0 days 1,959 sqft
    2022-04-01 0 days 2,029 sqft
    2022-05-01 0 days 2,019 sqft
    2022-06-01 0 days 2,034 sqft
    2022-07-01 0 days 2,034 sqft
    2022-08-01 0 days 2,152 sqft
    2022-09-01 0 days 1,980 sqft
    2022-10-01 0 days 2,000 sqft
    2022-11-01 0 days 1,937 sqft
    2022-12-01 0 days 1,976 sqft
    2023-01-01 0 days 1,886 sqft
    2023-02-01 0 days 1,854 sqft
    2023-03-01 0 days 1,786 sqft
    2023-04-01 0 days 2,200 sqft
    2023-05-01 0 days 2,019 sqft
    2023-06-01 0 days 2,049 sqft
    2023-07-01 0 days 2,260 sqft
    2023-08-01 0 days 2,207 sqft
    2023-09-01 0 days 2,275 sqft
    2023-10-01 0 days 2,283 sqft
    2023-11-01 0 days 2,244 sqft
    2023-12-01 0 days 2,228 sqft
    2024-01-01 0 days 2,240 sqft
    2024-02-01 0 days 2,372 sqft
    2024-03-01 0 days 2,459 sqft
    2024-04-01 0 days 2,354 sqft
    2024-05-01 0 days 2,058 sqft
    2024-06-01 0 days 2,112 sqft
    2024-07-01 0 days 2,272 sqft
    2024-08-01 0 days 2,145 sqft
    2024-09-01 0 days 2,095 sqft
    2024-10-01 0 days 2,212 sqft
    2024-11-01 0 days 2,068 sqft
    2024-12-01 0 days 1,993 sqft
    2025-01-01 0 days 2,030 sqft
    Crawfordsville's median listing age (time on market) for 2025-01-01 was 0 days.

    Crawfordsville's median square footage for active listings during the 2025-01-01 period was 2,030 sqft. One year prior, the average listing was 2,240 sqft.

    VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.