Eureka VA Loan Rates, Closing Costs & Stats
Eureka-Arcata, 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.
Eureka's 18 lenders originated 36 VA loans during 2023. The total origination value was $13,410,000, with an average VA loan value of $372,500.
Eureka VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Eureka
averaged
5.95%
for the week of 2024-10-11, compared to the national average (all VA variants) of
5.854% for the same period.
Eureka's average VA mortgage closing costs are $6,612.
The average rate for the prior week (2024-10-04) was
6.12% and
one month ago for the week of 2024-09-06, the
average rate was 6.11%.
The average rate one year ago was 7.58%.
For refis of the same type during the week of 2024-10-11, the average rate
was 5.95%.
Eureka 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 Eureka level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
UNITED WHOLESALE MORTGAGE, LLC | 7 | 6.14% | $12,270 |
Mortgage Research Center, LLC | 7 | 6.59% | $11,889 |
American Mortgage & Equity Consultants, Inc. | 4 | 6.91% | $13,504 |
EVERGREEN MONEYSOURCE MORTGAGE COMPANY | 2 | 6.87% | $15,107 |
Florida Capital Bank | 2 | 5.94% | $5,755 |
LOANDEPOT.COM, LLC | 1 | 5.99% | $15,638 |
Magnolia Bank | 1 | 6.63% | $12,869 |
NEW DAY FINANCIAL, LLC | 1 | 8.25% | $10,824 |
Paramount Residential Mortgage Group, Inc. | 1 | 5.25% | $9,141 |
PENNYMAC LOAN SERVICES, LLC | 1 | 5.25% | $4,108 |
USAA Federal Savings Bank | 1 | 6.50% | $3,131 |
VILLAGE CAPITAL MORTGAGE | 1 | 5.00% | $4,531 |
ACADEMY MORTGAGE CORPORATION | 1 | 6.13% | $15,953 |
ZILLOW HOME LOANS, LLC | 1 | 6.13% | $3,667 |
CMG MORTGAGE, INC. | 1 | 6.63% | $14,247 |
FREEDOM MORTGAGE CORPORATION | 1 | 6.75% | $18,374 |
FRONTWAVE | 1 | 5.38% | $2,258 |
GUARANTEED RATE, INC. | 1 | 6.18% | $7,372 |
The top Eureka VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
7 VA loans originated. Their average total fees are
$12,270, which is $380
higher than the next largest lender,
Mortgage Research Center, LLC.
The lowest fee Eureka VA lenders (with over 10 loans originated) are
.
The lowest rate Eureka VA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Eureka (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 | $425,000 (13.3%) | $634,768 (6.5%) | 1.58 | 339 |
2018-02-01 | $425,000 (13.0%) | $627,785 (-7.4%) | 1.54 | 357 |
2018-03-01 | $425,000 (7.9%) | $613,023 (-0.8%) | 1.49 | 378 |
2018-04-01 | $425,000 (11.2%) | $590,277 (-6.7%) | 1.44 | 386 |
2018-05-01 | $423,000 (6.0%) | $556,441 (-23.0%) | 1.41 | 438 |
2018-06-01 | $399,000 (-2.2%) | $555,077 (-18.3%) | 1.33 | 491 |
2018-07-01 | $395,000 (-1.2%) | $548,786 (-12.1%) | 1.32 | 491 |
2018-08-01 | $395,000 (1.0%) | $545,156 (-3.1%) | 1.32 | 510 |
2018-09-01 | $395,000 (1.4%) | $541,457 (-6.1%) | 1.31 | 508 |
2018-10-01 | $377,450 (-5.3%) | $531,052 (-8.8%) | 1.28 | 493 |
2018-11-01 | $384,500 (-3.6%) | $532,036 (-7.3%) | 1.30 | 474 |
2018-12-01 | $379,000 (-5.0%) | $531,313 (-11.5%) | 1.31 | 428 |
2019-01-01 | $376,625 (-11.4%) | $526,483 (-17.1%) | 1.30 | 375 |
2019-02-01 | $369,000 (-13.2%) | $514,051 (-18.1%) | 1.25 | 380 |
2019-03-01 | $376,607 (-11.4%) | $528,396 (-13.8%) | 1.23 | 377 |
2019-04-01 | $386,750 (-9.0%) | $544,027 (-7.8%) | 1.22 | 381 |
2019-05-01 | $397,000 (-6.2%) | $548,403 (-1.4%) | 1.24 | 399 |
2019-06-01 | $395,000 (-1.0%) | $542,476 (-2.3%) | 1.23 | 432 |
2019-07-01 | $389,700 (-1.3%) | $542,961 (-1.1%) | 1.22 | 444 |
2019-08-01 | $384,145 (-2.8%) | $539,691 (-1.0%) | 1.22 | 440 |
2019-09-01 | $376,189 (-4.8%) | $528,673 (-2.4%) | 1.20 | 420 |
2019-10-01 | $370,000 (-2.0%) | $515,897 (-2.9%) | 1.19 | 400 |
2019-11-01 | $368,932 (-4.1%) | $503,729 (-5.3%) | 1.21 | 364 |
2019-12-01 | $361,000 (-4.8%) | $504,468 (-5.1%) | 1.20 | 323 |
2020-01-01 | $354,500 (-5.9%) | $486,348 (-7.6%) | 1.18 | 286 |
2020-02-01 | $350,000 (-5.2%) | $507,420 (-1.3%) | 1.15 | 265 |
2020-03-01 | $352,500 (-6.4%) | $499,384 (-5.5%) | 1.11 | 274 |
2020-04-01 | $359,000 (-7.2%) | $494,779 (-9.1%) | 1.13 | 271 |
2020-05-01 | $355,000 (-10.6%) | $485,170 (-11.5%) | 1.09 | 270 |
2020-06-01 | $377,500 (-4.4%) | $580,613 (7.0%) | 1.11 | 236 |
2020-07-01 | $379,000 (-2.8%) | $621,895 (14.5%) | 1.10 | 218 |
2020-08-01 | $399,000 (3.9%) | $640,566 (18.7%) | 1.14 | 211 |
2020-09-01 | $399,125 (6.1%) | $657,909 (24.5%) | 1.14 | 189 |
2020-10-01 | $425,000 (14.9%) | $682,253 (32.3%) | 1.22 | 163 |
2020-11-01 | $420,750 (14.1%) | $690,119 (37.0%) | 1.23 | 172 |
2020-12-01 | $427,000 (18.3%) | $685,028 (35.8%) | 1.27 | 132 |
2021-01-01 | $425,000 (19.9%) | $698,426 (43.6%) | 1.27 | 115 |
2021-02-01 | $428,250 (22.4%) | $771,500 (52.0%) | 1.25 | 103 |
2021-03-01 | $427,450 (21.3%) | $732,215 (46.6%) | 1.21 | 110 |
2021-04-01 | $444,475 (23.8%) | $704,625 (42.4%) | 1.20 | 124 |
2021-05-01 | $429,900 (21.1%) | $674,760 (39.1%) | 1.14 | 133 |
2021-06-01 | $434,100 (15.0%) | $710,684 (22.4%) | 1.14 | 149 |
2021-07-01 | $449,000 (18.5%) | $725,572 (16.7%) | 1.18 | 158 |
2021-08-01 | $449,750 (12.7%) | $724,320 (13.1%) | 1.20 | 175 |
2021-09-01 | $470,475 (17.9%) | $753,658 (14.6%) | 1.25 | 165 |
2021-10-01 | $493,000 (16.0%) | $776,367 (13.8%) | 1.31 | 168 |
2021-11-01 | $519,500 (23.5%) | $819,265 (18.7%) | 1.39 | 169 |
2021-12-01 | $499,000 (16.9%) | $775,383 (13.2%) | 1.35 | 171 |
2022-01-01 | $519,000 (22.1%) | $833,508 (19.3%) | 1.40 | 158 |
2022-02-01 | $524,500 (22.5%) | $834,024 (8.1%) | 1.36 | 164 |
2022-03-01 | $544,750 (27.4%) | $803,673 (9.8%) | 1.36 | 175 |
2022-04-01 | $549,500 (23.6%) | $812,289 (15.3%) | 1.31 | 188 |
2022-05-01 | $539,375 (25.5%) | $789,481 (17.0%) | 1.23 | 234 |
2022-06-01 | $532,484 (22.7%) | $755,962 (6.4%) | 1.19 | 275 |
2022-07-01 | $499,000 (11.1%) | $679,627 (-6.3%) | 1.12 | 329 |
2022-08-01 | $498,000 (10.7%) | $667,642 (-7.8%) | 1.15 | 324 |
2022-09-01 | $499,500 (6.2%) | $663,296 (-12.0%) | 1.17 | 325 |
2022-10-01 | $495,000 (0.4%) | $646,637 (-16.7%) | 1.16 | 341 |
2022-11-01 | $486,500 (-6.4%) | $637,263 (-22.2%) | 1.17 | 332 |
2022-12-01 | $489,000 (-2.0%) | $641,715 (-17.2%) | 1.21 | 317 |
2023-01-01 | $478,000 (-7.9%) | $627,962 (-24.7%) | 1.19 | 272 |
2023-02-01 | $468,725 (-10.6%) | $616,553 (-26.1%) | 1.13 | 263 |
2023-03-01 | $480,975 (-11.7%) | $637,436 (-20.7%) | 1.13 | 254 |
2023-04-01 | $499,000 (-9.2%) | $644,477 (-20.7%) | 1.16 | 252 |
2023-05-01 | $499,500 (-7.4%) | $654,365 (-17.1%) | 1.13 | 274 |
2023-06-01 | $489,450 (-8.1%) | $621,925 (-17.7%) | 1.10 | 321 |
2023-07-01 | $489,000 (-2.0%) | $619,618 (-8.8%) | 1.11 | 346 |
2023-08-01 | $492,450 (-1.1%) | $624,764 (-6.4%) | 1.13 | 345 |
2023-09-01 | $475,000 (-4.9%) | $622,327 (-6.2%) | 1.11 | 361 |
2023-10-01 | $475,000 (-4.0%) | $611,533 (-5.4%) | 1.12 | 377 |
2023-11-01 | $466,750 (-4.1%) | $600,455 (-5.8%) | 1.11 | 346 |
2023-12-01 | $460,000 (-5.9%) | $569,235 (-11.3%) | 0.00 | 327 |
2024-01-01 | $441,012 (-7.7%) | $549,597 (-12.5%) | 0.00 | 306 |
2024-02-01 | $462,225 (-1.4%) | $548,972 (-11.0%) | 0.00 | 295 |
2024-03-01 | $475,000 (-1.2%) | $553,601 (-13.2%) | 0.00 | 310 |
2024-04-01 | $470,000 (-5.8%) | $561,945 (-12.8%) | 0.00 | 331 |
2024-05-01 | $494,100 (-1.1%) | $573,929 (-12.3%) | 0.00 | 375 |
2024-06-01 | $499,000 (2.0%) | $591,753 (-4.9%) | 0.00 | 417 |
2024-07-01 | $498,500 (1.9%) | $584,783 (-5.6%) | 0.00 | 458 |
2024-08-01 | $492,500 (0.0%) | $579,405 (-7.3%) | 0.00 | 453 |
2024-09-01 | $489,000 (3.0%) | $570,499 (-8.3%) | 0.00 | 453 |
Eureka's median listing price comes in at 0% of the national average.
Eureka's average listing price for 2024-09-01 was $570,499, a difference of $-51,828 (-8.3%) versus the prior year and $-8,906 versus the prior month.
For the 2024-09-01 period, Eureka had 453 MLS listings, a difference of 0 listings (0%) versus the prior month and 92 listings (25%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Eureka (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 78 days | 1,554 sqft |
2018-02-01 | 77 days | 1,554 sqft |
2018-03-01 | 69 days | 1,559 sqft |
2018-04-01 | 68 days | 1,585 sqft |
2018-05-01 | 59 days | 1,573 sqft |
2018-06-01 | 61 days | 1,579 sqft |
2018-07-01 | 71 days | 1,600 sqft |
2018-08-01 | 74 days | 1,607 sqft |
2018-09-01 | 83 days | 1,604 sqft |
2018-10-01 | 83 days | 1,590 sqft |
2018-11-01 | 87 days | 1,597 sqft |
2018-12-01 | 88 days | 1,598 sqft |
2019-01-01 | 89 days | 1,580 sqft |
2019-02-01 | 90 days | 1,530 sqft |
2019-03-01 | 79 days | 1,559 sqft |
2019-04-01 | 60 days | 1,600 sqft |
2019-05-01 | 52 days | 1,618 sqft |
2019-06-01 | 53 days | 1,600 sqft |
2019-07-01 | 66 days | 1,630 sqft |
2019-08-01 | 70 days | 1,590 sqft |
2019-09-01 | 75 days | 1,569 sqft |
2019-10-01 | 77 days | 1,554 sqft |
2019-11-01 | 83 days | 1,554 sqft |
2019-12-01 | 88 days | 1,540 sqft |
2020-01-01 | 81 days | 1,495 sqft |
2020-02-01 | 71 days | 1,500 sqft |
2020-03-01 | 56 days | 1,506 sqft |
2020-04-01 | 66 days | 1,568 sqft |
2020-05-01 | 67 days | 1,550 sqft |
2020-06-01 | 63 days | 1,593 sqft |
2020-07-01 | 45 days | 1,632 sqft |
2020-08-01 | 38 days | 1,652 sqft |
2020-09-01 | 38 days | 1,649 sqft |
2020-10-01 | 49 days | 1,782 sqft |
2020-11-01 | 39 days | 1,690 sqft |
2020-12-01 | 59 days | 1,680 sqft |
2021-01-01 | 61 days | 1,624 sqft |
2021-02-01 | 34 days | 1,659 sqft |
2021-03-01 | 19 days | 1,680 sqft |
2021-04-01 | 19 days | 1,631 sqft |
2021-05-01 | 22 days | 1,600 sqft |
2021-06-01 | 21 days | 1,546 sqft |
2021-07-01 | 30 days | 1,515 sqft |
2021-08-01 | 30 days | 1,461 sqft |
2021-09-01 | 31 days | 1,500 sqft |
2021-10-01 | 31 days | 1,540 sqft |
2021-11-01 | 41 days | 1,553 sqft |
2021-12-01 | 59 days | 1,500 sqft |
2022-01-01 | 73 days | 1,540 sqft |
2022-02-01 | 65 days | 1,595 sqft |
2022-03-01 | 46 days | 1,591 sqft |
2022-04-01 | 43 days | 1,600 sqft |
2022-05-01 | 41 days | 1,593 sqft |
2022-06-01 | 42 days | 1,600 sqft |
2022-07-01 | 43 days | 1,533 sqft |
2022-08-01 | 52 days | 1,513 sqft |
2022-09-01 | 64 days | 1,546 sqft |
2022-10-01 | 66 days | 1,513 sqft |
2022-11-01 | 73 days | 1,536 sqft |
2022-12-01 | 88 days | 1,515 sqft |
2023-01-01 | 98 days | 1,507 sqft |
2023-02-01 | 96 days | 1,518 sqft |
2023-03-01 | 91 days | 1,524 sqft |
2023-04-01 | 72 days | 1,500 sqft |
2023-05-01 | 57 days | 1,524 sqft |
2023-06-01 | 45 days | 1,568 sqft |
2023-07-01 | 52 days | 1,600 sqft |
2023-08-01 | 66 days | 1,648 sqft |
2023-09-01 | 64 days | 1,600 sqft |
2023-10-01 | 68 days | 1,600 sqft |
2023-11-01 | 73 days | 1,578 sqft |
2023-12-01 | 0 days | 1,547 sqft |
2024-01-01 | 0 days | 1,500 sqft |
2024-02-01 | 0 days | 1,506 sqft |
2024-03-01 | 0 days | 1,500 sqft |
2024-04-01 | 0 days | 1,500 sqft |
2024-05-01 | 0 days | 1,542 sqft |
2024-06-01 | 0 days | 1,539 sqft |
2024-07-01 | 0 days | 1,517 sqft |
2024-08-01 | 0 days | 1,516 sqft |
2024-09-01 | 0 days | 1,562 sqft |
Eureka's median square footage for active listings during the 2024-09-01 period was 1,562 sqft. One year prior, the average listing was 1,600 sqft.