Georgetown VA Loan Rates, Closing Costs & Stats
Georgetown, SC
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.
Georgetown's 35 lenders originated 62 VA loans during 2023. The total origination value was $24,440,000, with an average VA loan value of $394,194.
Georgetown VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Georgetown
averaged
6.05%
for the week of 2024-10-04, compared to the national average (all VA variants) of
5.596% for the same period.
Georgetown's average VA mortgage closing costs are $6,484.
The average rate for the prior week (2024-09-27) was
5.98% and
one month ago for the week of 2024-08-30, the
average rate was 6.11%.
The average rate one year ago was 7.54%.
For refis of the same type during the week of 2024-10-04, the average rate
was 5.6%.
Georgetown 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 Georgetown level.
The top Georgetown VA lender as defined by loan originations is Mortgage Research Center, LLC, with
10 VA loans originated. Their average total fees are
$5,074, which is $10,068
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Georgetown VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($5,074), .
The lowest rate Georgetown VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC (6.88%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Georgetown (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 | $390,000 (7.5%) | $585,751 (6.2%) | 0.00 | 791 |
2018-02-01 | $373,450 (1.0%) | $555,033 (-0.4%) | 0.00 | 841 |
2018-03-01 | $379,900 (2.7%) | $552,430 (-1.2%) | 0.00 | 896 |
2018-04-01 | $389,500 (4.3%) | $565,069 (-0.3%) | 0.00 | 895 |
2018-05-01 | $382,475 (0.0%) | $561,529 (-2.1%) | 0.00 | 917 |
2018-06-01 | $375,500 (-2.8%) | $564,534 (-2.8%) | 0.00 | 901 |
2018-07-01 | $396,750 (-0.8%) | $585,550 (-1.7%) | 0.00 | 875 |
2018-08-01 | $399,925 (0.1%) | $602,604 (2.0%) | 0.00 | 869 |
2018-09-01 | $399,900 (0.0%) | $591,490 (-0.6%) | 0.00 | 878 |
2018-10-01 | $399,450 (-0.1%) | $588,320 (-0.6%) | 0.00 | 883 |
2018-11-01 | $387,625 (-2.9%) | $570,566 (-2.2%) | 0.00 | 915 |
2018-12-01 | $374,900 (-6.0%) | $558,248 (-5.4%) | 0.00 | 914 |
2019-01-01 | $371,075 (-4.9%) | $548,332 (-6.4%) | 0.00 | 876 |
2019-02-01 | $389,000 (4.2%) | $561,909 (1.2%) | 0.00 | 866 |
2019-03-01 | $393,671 (3.6%) | $655,659 (18.7%) | 0.00 | 892 |
2019-04-01 | $399,450 (2.6%) | $659,963 (16.8%) | 0.00 | 911 |
2019-05-01 | $399,450 (4.4%) | $575,516 (2.5%) | 0.00 | 896 |
2019-06-01 | $402,500 (7.2%) | $580,097 (2.8%) | 0.00 | 870 |
2019-07-01 | $422,450 (6.5%) | $579,814 (-1.0%) | 0.00 | 855 |
2019-08-01 | $418,182 (4.6%) | $579,338 (-3.9%) | 0.00 | 833 |
2019-09-01 | $407,955 (2.0%) | $573,508 (-3.0%) | 0.00 | 820 |
2019-10-01 | $401,136 (0.4%) | $569,637 (-3.2%) | 0.00 | 810 |
2019-11-01 | $400,000 (3.2%) | $577,210 (1.2%) | 0.00 | 789 |
2019-12-01 | $397,225 (6.0%) | $571,690 (2.4%) | 0.00 | 781 |
2020-01-01 | $389,473 (5.0%) | $573,311 (4.6%) | 0.00 | 752 |
2020-02-01 | $384,000 (-1.3%) | $557,224 (-0.8%) | 0.00 | 779 |
2020-03-01 | $380,975 (-3.2%) | $559,246 (-14.7%) | 0.00 | 762 |
2020-04-01 | $385,750 (-3.4%) | $554,893 (-15.9%) | 0.00 | 756 |
2020-05-01 | $384,900 (-3.6%) | $557,309 (-3.2%) | 0.00 | 741 |
2020-06-01 | $385,779 (-4.2%) | $545,839 (-5.9%) | 0.00 | 695 |
2020-07-01 | $388,000 (-8.2%) | $558,881 (-3.6%) | 0.00 | 634 |
2020-08-01 | $359,900 (-13.9%) | $545,997 (-5.8%) | 0.00 | 591 |
2020-09-01 | $334,875 (-17.9%) | $527,063 (-8.1%) | 0.00 | 566 |
2020-10-01 | $343,585 (-14.4%) | $528,768 (-7.2%) | 0.00 | 556 |
2020-11-01 | $364,850 (-8.8%) | $536,179 (-7.1%) | 0.00 | 530 |
2020-12-01 | $359,499 (-9.5%) | $545,397 (-4.6%) | 0.00 | 510 |
2021-01-01 | $359,000 (-7.8%) | $552,383 (-3.7%) | 0.00 | 461 |
2021-02-01 | $357,475 (-6.9%) | $581,669 (4.4%) | 0.00 | 404 |
2021-03-01 | $360,725 (-5.3%) | $603,615 (7.9%) | 0.00 | 331 |
2021-04-01 | $363,250 (-5.8%) | $647,772 (16.7%) | 0.00 | 303 |
2021-05-01 | $399,900 (3.9%) | $694,081 (24.5%) | 0.00 | 254 |
2021-06-01 | $387,450 (0.4%) | $684,664 (25.4%) | 0.00 | 238 |
2021-07-01 | $419,450 (8.1%) | $732,495 (31.1%) | 0.00 | 251 |
2021-08-01 | $419,000 (16.4%) | $694,169 (27.1%) | 0.00 | 274 |
2021-09-01 | $412,200 (23.1%) | $696,493 (32.2%) | 0.00 | 275 |
2021-10-01 | $392,000 (14.1%) | $708,145 (33.9%) | 0.00 | 266 |
2021-11-01 | $375,000 (2.8%) | $661,198 (23.3%) | 0.00 | 274 |
2021-12-01 | $347,964 (-3.2%) | $665,486 (22.0%) | 0.00 | 267 |
2022-01-01 | $362,450 (1.0%) | $699,604 (26.7%) | 0.00 | 222 |
2022-02-01 | $344,815 (-3.5%) | $726,867 (25.0%) | 0.00 | 172 |
2022-03-01 | $372,500 (3.3%) | $760,979 (26.1%) | 0.00 | 158 |
2022-04-01 | $425,000 (17.0%) | $782,747 (20.8%) | 0.00 | 160 |
2022-05-01 | $432,000 (8.0%) | $743,484 (7.1%) | 0.00 | 186 |
2022-06-01 | $457,700 (18.1%) | $765,150 (11.8%) | 0.00 | 214 |
2022-07-01 | $476,450 (13.6%) | $763,813 (4.3%) | 0.00 | 229 |
2022-08-01 | $499,450 (19.2%) | $789,522 (13.7%) | 0.00 | 251 |
2022-09-01 | $499,225 (21.1%) | $779,901 (12.0%) | 0.00 | 237 |
2022-10-01 | $509,900 (30.1%) | $773,322 (9.2%) | 0.00 | 234 |
2022-11-01 | $482,000 (28.5%) | $715,661 (8.2%) | 0.00 | 242 |
2022-12-01 | $445,000 (27.9%) | $665,965 (0.1%) | 0.00 | 240 |
2023-01-01 | $471,998 (30.2%) | $669,522 (-4.3%) | 0.00 | 250 |
2023-02-01 | $453,495 (31.5%) | $707,401 (-2.7%) | 0.00 | 252 |
2023-03-01 | $456,368 (22.5%) | $685,385 (-9.9%) | 0.00 | 275 |
2023-04-01 | $452,395 (6.5%) | $698,633 (-10.8%) | 0.00 | 286 |
2023-05-01 | $429,725 (-0.5%) | $679,366 (-8.6%) | 0.00 | 271 |
2023-06-01 | $442,225 (-3.4%) | $669,114 (-12.6%) | 0.00 | 279 |
2023-07-01 | $462,150 (-3.0%) | $671,313 (-12.1%) | 0.00 | 281 |
2023-08-01 | $488,200 (-2.3%) | $715,023 (-9.4%) | 0.00 | 284 |
2023-09-01 | $484,500 (-3.0%) | $742,244 (-4.8%) | 0.00 | 309 |
2023-10-01 | $492,348 (-3.4%) | $765,198 (-1.1%) | 0.00 | 332 |
2023-11-01 | $508,700 (5.5%) | $742,619 (3.8%) | 0.00 | 347 |
2023-12-01 | $509,900 (14.6%) | $702,203 (5.4%) | 0.00 | 337 |
2024-01-01 | $499,638 (5.9%) | $687,989 (2.8%) | 0.00 | 342 |
2024-02-01 | $508,698 (12.2%) | $699,554 (-1.1%) | 0.00 | 354 |
2024-03-01 | $499,825 (9.5%) | $692,788 (1.1%) | 0.00 | 359 |
2024-04-01 | $475,806 (5.2%) | $671,127 (-3.9%) | 0.00 | 389 |
2024-05-01 | $449,000 (4.5%) | $642,651 (-5.4%) | 0.00 | 394 |
2024-06-01 | $449,000 (1.5%) | $637,682 (-4.7%) | 0.00 | 416 |
2024-07-01 | $438,997 (-5.0%) | $616,988 (-8.1%) | 0.00 | 432 |
2024-08-01 | $446,495 (-8.5%) | $632,160 (-11.6%) | 0.00 | 456 |
2024-09-01 | $449,493 (-7.2%) | $625,332 (-15.8%) | 0.00 | 452 |
Georgetown's median listing price comes in at 0% of the national average.
Georgetown's average listing price for 2024-09-01 was $625,332, a difference of $-116,912 (-15.8%) versus the prior year and $-6,828 versus the prior month.
For the 2024-09-01 period, Georgetown had 452 MLS listings, a difference of -4 listings (-1%) versus the prior month and 143 listings (46%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Georgetown (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,101 sqft |
2018-02-01 | 0 days | 2,101 sqft |
2018-03-01 | 0 days | 2,101 sqft |
2018-04-01 | 0 days | 2,101 sqft |
2018-05-01 | 0 days | 2,101 sqft |
2018-06-01 | 0 days | 2,101 sqft |
2018-07-01 | 0 days | 2,201 sqft |
2018-08-01 | 0 days | 2,201 sqft |
2018-09-01 | 0 days | 2,201 sqft |
2018-10-01 | 0 days | 2,201 sqft |
2018-11-01 | 0 days | 2,176 sqft |
2018-12-01 | 0 days | 2,101 sqft |
2019-01-01 | 0 days | 2,051 sqft |
2019-02-01 | 0 days | 2,101 sqft |
2019-03-01 | 0 days | 2,079 sqft |
2019-04-01 | 0 days | 2,051 sqft |
2019-05-01 | 0 days | 2,048 sqft |
2019-06-01 | 0 days | 2,119 sqft |
2019-07-01 | 0 days | 2,150 sqft |
2019-08-01 | 0 days | 2,144 sqft |
2019-09-01 | 0 days | 2,136 sqft |
2019-10-01 | 0 days | 2,130 sqft |
2019-11-01 | 0 days | 2,129 sqft |
2019-12-01 | 0 days | 2,067 sqft |
2020-01-01 | 0 days | 2,050 sqft |
2020-02-01 | 0 days | 1,951 sqft |
2020-03-01 | 0 days | 1,950 sqft |
2020-04-01 | 0 days | 1,950 sqft |
2020-05-01 | 0 days | 1,950 sqft |
2020-06-01 | 0 days | 1,950 sqft |
2020-07-01 | 0 days | 1,950 sqft |
2020-08-01 | 0 days | 1,901 sqft |
2020-09-01 | 0 days | 1,850 sqft |
2020-10-01 | 0 days | 1,850 sqft |
2020-11-01 | 0 days | 1,890 sqft |
2020-12-01 | 0 days | 1,877 sqft |
2021-01-01 | 0 days | 1,900 sqft |
2021-02-01 | 0 days | 1,907 sqft |
2021-03-01 | 0 days | 1,900 sqft |
2021-04-01 | 0 days | 1,928 sqft |
2021-05-01 | 0 days | 2,068 sqft |
2021-06-01 | 0 days | 1,995 sqft |
2021-07-01 | 0 days | 2,006 sqft |
2021-08-01 | 0 days | 2,031 sqft |
2021-09-01 | 0 days | 2,058 sqft |
2021-10-01 | 0 days | 2,038 sqft |
2021-11-01 | 0 days | 2,017 sqft |
2021-12-01 | 0 days | 1,954 sqft |
2022-01-01 | 0 days | 1,992 sqft |
2022-02-01 | 0 days | 1,971 sqft |
2022-03-01 | 0 days | 1,940 sqft |
2022-04-01 | 0 days | 1,940 sqft |
2022-05-01 | 0 days | 2,125 sqft |
2022-06-01 | 0 days | 2,197 sqft |
2022-07-01 | 0 days | 2,158 sqft |
2022-08-01 | 0 days | 2,192 sqft |
2022-09-01 | 0 days | 2,161 sqft |
2022-10-01 | 0 days | 2,158 sqft |
2022-11-01 | 0 days | 2,093 sqft |
2022-12-01 | 0 days | 2,025 sqft |
2023-01-01 | 0 days | 2,112 sqft |
2023-02-01 | 0 days | 2,086 sqft |
2023-03-01 | 0 days | 2,094 sqft |
2023-04-01 | 0 days | 2,049 sqft |
2023-05-01 | 0 days | 1,873 sqft |
2023-06-01 | 0 days | 1,886 sqft |
2023-07-01 | 0 days | 1,850 sqft |
2023-08-01 | 0 days | 1,895 sqft |
2023-09-01 | 0 days | 1,884 sqft |
2023-10-01 | 0 days | 1,874 sqft |
2023-11-01 | 0 days | 1,931 sqft |
2023-12-01 | 0 days | 1,888 sqft |
2024-01-01 | 0 days | 1,882 sqft |
2024-02-01 | 0 days | 1,869 sqft |
2024-03-01 | 0 days | 1,847 sqft |
2024-04-01 | 0 days | 1,801 sqft |
2024-05-01 | 0 days | 1,799 sqft |
2024-06-01 | 0 days | 1,800 sqft |
2024-07-01 | 0 days | 1,792 sqft |
2024-08-01 | 0 days | 1,801 sqft |
2024-09-01 | 0 days | 1,815 sqft |
Georgetown's median square footage for active listings during the 2024-09-01 period was 1,815 sqft. One year prior, the average listing was 1,884 sqft.