Flagstaff VA Loan Rates, Closing Costs & Stats
FLAGSTAFF, AZ
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.
Flagstaff's 42 lenders originated 124 VA loans during 2023. The total origination value was $58,720,000, with an average VA loan value of $473,548.
Flagstaff VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Flagstaff
averaged
5.76%
for the week of 2024-10-04, compared to the national average (all VA variants) of
5.596% for the same period.
Flagstaff's average VA mortgage closing costs are $7,688.
The average rate for the prior week (2024-09-27) was
6.09% and
one month ago for the week of 2024-08-30, the
average rate was 6.02%.
The average rate one year ago was 7.45%.
For refis of the same type during the week of 2024-10-04, the average rate
was 6.16%.
Flagstaff 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 Flagstaff level.
The top Flagstaff VA lender as defined by loan originations is QUICKEN LOANS, LLC, with
17 VA loans originated. Their average total fees are
$15,622, which is $5,933
higher than the next largest lender,
Mortgage Research Center, LLC.
The lowest fee Flagstaff VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($9,689), UNITED WHOLESALE MORTGAGE, LLC ($10,555), QUICKEN LOANS, LLC ($15,622), .
The lowest rate Flagstaff VA lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.21%), UNITED WHOLESALE MORTGAGE, LLC (6.41%), Mortgage Research Center, LLC (6.64%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Flagstaff (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 | $495,342 (5.4%) | $656,228 (-3.8%) | 0.00 | 510 |
2018-02-01 | $518,000 (9.1%) | $666,948 (-3.4%) | 0.00 | 516 |
2018-03-01 | $499,000 (5.1%) | $683,634 (-0.2%) | 0.00 | 540 |
2018-04-01 | $502,725 (7.2%) | $683,814 (3.8%) | 0.00 | 581 |
2018-05-01 | $499,000 (2.9%) | $662,935 (0.2%) | 0.00 | 626 |
2018-06-01 | $485,000 (5.6%) | $647,319 (0.3%) | 0.00 | 731 |
2018-07-01 | $471,350 (4.8%) | $636,095 (0.3%) | 0.00 | 780 |
2018-08-01 | $456,250 (1.4%) | $622,870 (-1.4%) | 0.00 | 782 |
2018-09-01 | $450,000 (-1.1%) | $614,662 (-5.9%) | 0.00 | 785 |
2018-10-01 | $449,225 (-3.6%) | $599,006 (-10.7%) | 0.00 | 751 |
2018-11-01 | $451,225 (-8.3%) | $602,100 (-12.4%) | 0.00 | 695 |
2018-12-01 | $450,000 (-10.8%) | $609,854 (-9.4%) | 0.00 | 601 |
2019-01-01 | $449,375 (-9.3%) | $608,426 (-7.3%) | 0.00 | 558 |
2019-02-01 | $459,000 (-11.4%) | $635,858 (-4.7%) | 0.00 | 545 |
2019-03-01 | $463,514 (-7.1%) | $659,822 (-3.5%) | 0.00 | 567 |
2019-04-01 | $455,392 (-9.4%) | $646,919 (-5.4%) | 0.00 | 614 |
2019-05-01 | $449,938 (-9.8%) | $634,303 (-4.3%) | 0.00 | 686 |
2019-06-01 | $438,000 (-9.7%) | $626,803 (-3.2%) | 0.00 | 731 |
2019-07-01 | $436,750 (-7.3%) | $619,251 (-2.7%) | 0.00 | 788 |
2019-08-01 | $440,545 (-3.4%) | $622,641 (0.0%) | 0.00 | 758 |
2019-09-01 | $445,864 (-0.9%) | $630,968 (2.7%) | 0.00 | 710 |
2019-10-01 | $450,000 (0.2%) | $639,753 (6.8%) | 0.00 | 671 |
2019-11-01 | $468,900 (3.9%) | $644,205 (7.0%) | 0.00 | 582 |
2019-12-01 | $484,753 (7.7%) | $662,456 (8.6%) | 0.00 | 486 |
2020-01-01 | $479,625 (6.7%) | $659,922 (8.5%) | 0.00 | 399 |
2020-02-01 | $509,000 (10.9%) | $692,135 (8.9%) | 0.00 | 368 |
2020-03-01 | $535,200 (15.5%) | $688,957 (4.4%) | 0.00 | 418 |
2020-04-01 | $517,250 (13.6%) | $663,608 (2.6%) | 0.00 | 480 |
2020-05-01 | $515,000 (14.5%) | $656,921 (3.6%) | 0.00 | 461 |
2020-06-01 | $491,975 (12.3%) | $649,732 (3.7%) | 0.00 | 407 |
2020-07-01 | $486,750 (11.5%) | $643,642 (3.9%) | 0.00 | 362 |
2020-08-01 | $535,000 (21.4%) | $680,410 (9.3%) | 0.00 | 279 |
2020-09-01 | $557,475 (25.0%) | $715,009 (13.3%) | 0.00 | 216 |
2020-10-01 | $564,000 (25.3%) | $766,520 (19.8%) | 0.00 | 180 |
2020-11-01 | $586,250 (25.0%) | $796,066 (23.6%) | 0.00 | 153 |
2020-12-01 | $575,250 (18.7%) | $762,840 (15.2%) | 0.00 | 129 |
2021-01-01 | $643,750 (34.2%) | $810,820 (22.9%) | 0.00 | 113 |
2021-02-01 | $635,975 (25.0%) | $820,442 (18.5%) | 0.00 | 109 |
2021-03-01 | $614,750 (14.9%) | $832,349 (20.8%) | 0.00 | 109 |
2021-04-01 | $637,450 (23.2%) | $834,230 (25.7%) | 0.00 | 148 |
2021-05-01 | $635,000 (23.3%) | $851,437 (29.6%) | 0.00 | 178 |
2021-06-01 | $649,900 (32.1%) | $854,033 (31.4%) | 0.00 | 217 |
2021-07-01 | $633,750 (30.2%) | $883,947 (37.3%) | 0.00 | 228 |
2021-08-01 | $646,000 (20.8%) | $895,640 (31.6%) | 0.00 | 239 |
2021-09-01 | $639,675 (14.8%) | $928,515 (29.9%) | 0.00 | 239 |
2021-10-01 | $650,000 (15.3%) | $962,107 (25.5%) | 0.00 | 180 |
2021-11-01 | $681,725 (16.3%) | $1,032,774 (29.7%) | 0.00 | 168 |
2021-12-01 | $645,475 (12.2%) | $993,386 (30.2%) | 0.00 | 153 |
2022-01-01 | $672,450 (4.5%) | $1,048,538 (29.3%) | 0.00 | 134 |
2022-02-01 | $674,611 (6.1%) | $1,039,074 (26.7%) | 0.00 | 128 |
2022-03-01 | $697,450 (13.5%) | $952,519 (14.4%) | 0.00 | 134 |
2022-04-01 | $715,000 (12.2%) | $953,887 (14.3%) | 0.00 | 192 |
2022-05-01 | $729,975 (15.0%) | $971,860 (14.1%) | 0.00 | 282 |
2022-06-01 | $725,000 (11.6%) | $964,538 (12.9%) | 0.00 | 389 |
2022-07-01 | $700,000 (10.5%) | $936,683 (6.0%) | 0.00 | 467 |
2022-08-01 | $718,875 (11.3%) | $964,247 (7.7%) | 0.00 | 437 |
2022-09-01 | $734,500 (14.8%) | $945,346 (1.8%) | 0.00 | 399 |
2022-10-01 | $750,000 (15.4%) | $984,791 (2.4%) | 0.00 | 412 |
2022-11-01 | $739,000 (8.4%) | $981,848 (-4.9%) | 0.00 | 365 |
2022-12-01 | $715,000 (10.8%) | $980,094 (-1.3%) | 0.00 | 331 |
2023-01-01 | $745,500 (10.9%) | $1,048,913 (0.0%) | 0.00 | 280 |
2023-02-01 | $738,250 (9.4%) | $1,087,352 (4.7%) | 0.00 | 276 |
2023-03-01 | $738,500 (5.9%) | $1,089,654 (14.4%) | 0.00 | 257 |
2023-04-01 | $732,500 (2.5%) | $1,134,335 (18.9%) | 0.00 | 279 |
2023-05-01 | $758,750 (3.9%) | $1,149,996 (18.3%) | 0.00 | 353 |
2023-06-01 | $735,000 (1.4%) | $1,074,734 (11.4%) | 0.00 | 399 |
2023-07-01 | $734,000 (4.9%) | $1,071,476 (14.4%) | 0.00 | 433 |
2023-08-01 | $714,950 (-0.6%) | $1,046,521 (8.5%) | 0.00 | 463 |
2023-09-01 | $722,030 (-1.7%) | $1,083,966 (14.7%) | 0.00 | 453 |
2023-10-01 | $733,500 (-2.2%) | $1,038,779 (5.5%) | 0.00 | 450 |
2023-11-01 | $735,000 (-0.5%) | $1,087,357 (10.8%) | 0.00 | 418 |
2023-12-01 | $740,000 (3.5%) | $1,096,642 (11.9%) | 0.00 | 359 |
2024-01-01 | $740,000 (-0.7%) | $1,077,223 (2.7%) | 0.00 | 306 |
2024-02-01 | $741,200 (0.4%) | $1,077,076 (-1.0%) | 0.00 | 301 |
2024-03-01 | $750,000 (1.6%) | $1,125,336 (3.3%) | 0.00 | 336 |
2024-04-01 | $750,000 (2.4%) | $1,086,933 (-4.2%) | 0.00 | 390 |
2024-05-01 | $772,008 (1.8%) | $1,117,669 (-2.8%) | 0.00 | 481 |
2024-06-01 | $747,000 (1.6%) | $1,071,833 (-0.3%) | 0.00 | 547 |
2024-07-01 | $749,950 (2.2%) | $1,073,415 (0.2%) | 0.00 | 550 |
2024-08-01 | $739,900 (3.5%) | $1,041,014 (-0.5%) | 0.00 | 531 |
2024-09-01 | $744,242 (3.1%) | $1,048,754 (-3.3%) | 0.00 | 522 |
Flagstaff's median listing price comes in at 0% of the national average.
Flagstaff's average listing price for 2024-09-01 was $1,048,754, a difference of $-35,212 (-3.3%) versus the prior year and $7,740 versus the prior month.
For the 2024-09-01 period, Flagstaff had 522 MLS listings, a difference of -9 listings (-2%) versus the prior month and 69 listings (15%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Flagstaff (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,412 sqft |
2018-02-01 | 0 days | 2,426 sqft |
2018-03-01 | 0 days | 2,441 sqft |
2018-04-01 | 0 days | 2,444 sqft |
2018-05-01 | 0 days | 2,421 sqft |
2018-06-01 | 0 days | 2,402 sqft |
2018-07-01 | 0 days | 2,352 sqft |
2018-08-01 | 0 days | 2,305 sqft |
2018-09-01 | 0 days | 2,279 sqft |
2018-10-01 | 0 days | 2,266 sqft |
2018-11-01 | 0 days | 2,288 sqft |
2018-12-01 | 0 days | 2,240 sqft |
2019-01-01 | 0 days | 2,199 sqft |
2019-02-01 | 0 days | 2,200 sqft |
2019-03-01 | 0 days | 2,182 sqft |
2019-04-01 | 0 days | 2,166 sqft |
2019-05-01 | 0 days | 2,134 sqft |
2019-06-01 | 0 days | 2,112 sqft |
2019-07-01 | 0 days | 2,075 sqft |
2019-08-01 | 0 days | 2,105 sqft |
2019-09-01 | 0 days | 2,150 sqft |
2019-10-01 | 0 days | 2,184 sqft |
2019-11-01 | 0 days | 2,193 sqft |
2019-12-01 | 0 days | 2,200 sqft |
2020-01-01 | 0 days | 2,166 sqft |
2020-02-01 | 0 days | 2,296 sqft |
2020-03-01 | 0 days | 2,321 sqft |
2020-04-01 | 0 days | 2,201 sqft |
2020-05-01 | 0 days | 2,207 sqft |
2020-06-01 | 0 days | 2,177 sqft |
2020-07-01 | 0 days | 2,181 sqft |
2020-08-01 | 0 days | 2,147 sqft |
2020-09-01 | 0 days | 2,186 sqft |
2020-10-01 | 0 days | 2,196 sqft |
2020-11-01 | 0 days | 2,218 sqft |
2020-12-01 | 0 days | 2,124 sqft |
2021-01-01 | 0 days | 2,202 sqft |
2021-02-01 | 0 days | 2,056 sqft |
2021-03-01 | 0 days | 2,163 sqft |
2021-04-01 | 0 days | 2,092 sqft |
2021-05-01 | 0 days | 2,077 sqft |
2021-06-01 | 0 days | 2,052 sqft |
2021-07-01 | 0 days | 2,005 sqft |
2021-08-01 | 0 days | 2,013 sqft |
2021-09-01 | 0 days | 2,031 sqft |
2021-10-01 | 0 days | 2,071 sqft |
2021-11-01 | 0 days | 2,108 sqft |
2021-12-01 | 0 days | 2,061 sqft |
2022-01-01 | 0 days | 2,063 sqft |
2022-02-01 | 0 days | 2,068 sqft |
2022-03-01 | 0 days | 2,074 sqft |
2022-04-01 | 0 days | 2,004 sqft |
2022-05-01 | 0 days | 2,030 sqft |
2022-06-01 | 0 days | 2,044 sqft |
2022-07-01 | 0 days | 2,007 sqft |
2022-08-01 | 0 days | 2,055 sqft |
2022-09-01 | 0 days | 2,095 sqft |
2022-10-01 | 0 days | 2,130 sqft |
2022-11-01 | 0 days | 2,051 sqft |
2022-12-01 | 0 days | 2,004 sqft |
2023-01-01 | 0 days | 2,051 sqft |
2023-02-01 | 0 days | 2,028 sqft |
2023-03-01 | 0 days | 2,024 sqft |
2023-04-01 | 0 days | 2,033 sqft |
2023-05-01 | 0 days | 2,101 sqft |
2023-06-01 | 0 days | 2,052 sqft |
2023-07-01 | 0 days | 2,065 sqft |
2023-08-01 | 0 days | 2,093 sqft |
2023-09-01 | 0 days | 2,104 sqft |
2023-10-01 | 0 days | 2,087 sqft |
2023-11-01 | 0 days | 2,120 sqft |
2023-12-01 | 0 days | 2,121 sqft |
2024-01-01 | 0 days | 2,124 sqft |
2024-02-01 | 0 days | 2,062 sqft |
2024-03-01 | 0 days | 2,118 sqft |
2024-04-01 | 0 days | 2,066 sqft |
2024-05-01 | 0 days | 2,110 sqft |
2024-06-01 | 0 days | 2,042 sqft |
2024-07-01 | 0 days | 2,060 sqft |
2024-08-01 | 0 days | 2,049 sqft |
2024-09-01 | 0 days | 2,034 sqft |
Flagstaff's median square footage for active listings during the 2024-09-01 period was 2,034 sqft. One year prior, the average listing was 2,104 sqft.