Greenville VA Loan Rates, Closing Costs & Stats
GREENVILLE-ANDERSON, 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.
Greenville's 161 lenders originated 1,904 VA loans during 2022. The total origination value was $587,120,000, with an average VA loan value of $308,361.
Greenville VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Greenville
averaged
-0.15%
for the week of 2023-11-24, compared to the national average (all VA variants) of
0% for the same period.
Greenville's average VA mortgage closing costs are $5,680.
The average rate for the prior week (2023-11-17) was
6.79% and
one month ago for the week of 2023-10-20, the
average rate was 7.22%.
The average rate one year ago was 6.14%.
For refis of the same type during the week of 2023-11-24, the average rate
was -1.24%.
Greenville 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 Greenville level.
The top Greenville VA lender as defined by loan originations is Mortgage Research Center, LLC, with
240 VA loans originated. Their average total fees are
$7,159, which is $2,239
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Greenville VA lenders (with over 10 loans originated) are
LAKEVIEW LOAN SERVICING, LLC ($2,304), APEX HOME LOANS, INC. ($4,630), Wells Fargo Bank ($4,872), Sierra Pacific Mortgage Company, Inc. ($5,653) and NAVY FEDERAL CREDIT UNION ($5,907).
The lowest rate Greenville VA lenders (with over 10 loans originated) are
LAKEVIEW LOAN SERVICING, LLC (3.25%), PENNYMAC LOAN SERVICES, LLC (3.40%), APEX HOME LOANS, INC. (3.72%), NEWREZ LLC (3.78%) and CLEARPATH LENDING (3.82%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Greenville (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 | $268,794 (3.7%) | $352,118 (1.7%) | 1.00 | 3,079 |
2018-02-01 | $269,950 (3.9%) | $366,630 (5.6%) | 0.98 | 3,082 |
2018-03-01 | $274,600 (3.6%) | $370,112 (4.4%) | 0.96 | 3,140 |
2018-04-01 | $274,950 (2.4%) | $375,444 (3.2%) | 0.93 | 3,266 |
2018-05-01 | $274,500 (1.7%) | $378,904 (4.8%) | 0.92 | 3,373 |
2018-06-01 | $278,711 (1.4%) | $383,196 (4.5%) | 0.93 | 3,456 |
2018-07-01 | $275,000 (0.0%) | $378,809 (2.9%) | 0.92 | 3,472 |
2018-08-01 | $273,950 (0.0%) | $380,078 (3.8%) | 0.92 | 3,443 |
2018-09-01 | $265,137 (-1.8%) | $374,377 (3.5%) | 0.89 | 3,563 |
2018-10-01 | $263,810 (-2.5%) | $372,049 (1.8%) | 0.89 | 3,617 |
2018-11-01 | $264,700 (-1.9%) | $373,956 (2.4%) | 0.90 | 3,532 |
2018-12-01 | $260,000 (-3.4%) | $366,832 (1.8%) | 0.90 | 3,426 |
2019-01-01 | $264,243 (-1.7%) | $368,315 (4.6%) | 0.91 | 3,229 |
2019-02-01 | $264,709 (-1.9%) | $369,403 (0.8%) | 0.89 | 3,148 |
2019-03-01 | $275,811 (0.4%) | $379,684 (2.6%) | 0.90 | 3,069 |
2019-04-01 | $284,700 (3.6%) | $389,404 (3.7%) | 0.90 | 3,033 |
2019-05-01 | $286,448 (4.4%) | $395,219 (4.3%) | 0.90 | 3,187 |
2019-06-01 | $284,622 (2.1%) | $395,985 (3.3%) | 0.89 | 3,332 |
2019-07-01 | $280,718 (2.1%) | $400,479 (5.7%) | 0.88 | 3,509 |
2019-08-01 | $278,636 (1.7%) | $397,967 (4.7%) | 0.88 | 3,499 |
2019-09-01 | $276,591 (4.3%) | $393,745 (5.2%) | 0.89 | 3,498 |
2019-10-01 | $275,615 (4.5%) | $391,620 (5.3%) | 0.89 | 3,485 |
2019-11-01 | $274,900 (3.9%) | $393,042 (5.1%) | 0.90 | 3,387 |
2019-12-01 | $269,900 (3.8%) | $386,772 (5.4%) | 0.90 | 3,197 |
2020-01-01 | $269,700 (2.1%) | $386,238 (4.9%) | 0.90 | 3,049 |
2020-02-01 | $276,150 (4.3%) | $400,622 (8.5%) | 0.91 | 2,872 |
2020-03-01 | $279,900 (1.5%) | $408,674 (7.6%) | 0.88 | 2,886 |
2020-04-01 | $279,900 (-1.7%) | $405,306 (4.1%) | 0.88 | 2,986 |
2020-05-01 | $285,500 (-0.3%) | $419,113 (6.1%) | 0.87 | 2,899 |
2020-06-01 | $298,000 (4.7%) | $435,295 (9.9%) | 0.88 | 2,558 |
2020-07-01 | $289,975 (3.3%) | $433,102 (8.2%) | 0.84 | 2,459 |
2020-08-01 | $290,000 (4.1%) | $441,522 (10.9%) | 0.83 | 2,297 |
2020-09-01 | $289,950 (4.8%) | $445,746 (13.2%) | 0.83 | 2,127 |
2020-10-01 | $283,293 (2.8%) | $431,464 (10.2%) | 0.81 | 2,103 |
2020-11-01 | $279,900 (1.8%) | $417,131 (6.1%) | 0.82 | 2,103 |
2020-12-01 | $276,316 (2.4%) | $411,759 (6.5%) | 0.82 | 1,945 |
2021-01-01 | $276,500 (2.5%) | $419,024 (8.5%) | 0.83 | 1,693 |
2021-02-01 | $283,228 (2.6%) | $433,034 (8.1%) | 0.82 | 1,463 |
2021-03-01 | $296,450 (5.9%) | $454,512 (11.2%) | 0.84 | 1,246 |
2021-04-01 | $312,425 (11.6%) | $479,260 (18.3%) | 0.85 | 1,099 |
2021-05-01 | $303,936 (6.5%) | $497,457 (18.7%) | 0.81 | 1,007 |
2021-06-01 | $319,000 (7.1%) | $501,337 (15.2%) | 0.84 | 1,071 |
2021-07-01 | $318,752 (9.9%) | $491,050 (13.4%) | 0.84 | 1,253 |
2021-08-01 | $341,975 (17.9%) | $511,844 (15.9%) | 0.91 | 1,304 |
2021-09-01 | $347,950 (20.0%) | $516,030 (15.8%) | 0.93 | 1,308 |
2021-10-01 | $337,357 (19.1%) | $507,087 (17.5%) | 0.90 | 1,304 |
2021-11-01 | $331,045 (18.3%) | $505,423 (21.2%) | 0.89 | 1,239 |
2021-12-01 | $329,950 (19.4%) | $499,919 (21.4%) | 0.89 | 1,182 |
2022-01-01 | $325,000 (17.5%) | $498,471 (19.0%) | 0.88 | 1,035 |
2022-02-01 | $344,925 (21.8%) | $509,652 (17.7%) | 0.90 | 861 |
2022-03-01 | $341,473 (15.2%) | $510,864 (12.4%) | 0.85 | 820 |
2022-04-01 | $352,000 (12.7%) | $510,784 (6.6%) | 0.84 | 859 |
2022-05-01 | $354,950 (16.8%) | $507,518 (2.0%) | 0.81 | 1,105 |
2022-06-01 | $354,060 (11.0%) | $489,961 (-2.3%) | 0.79 | 1,395 |
2022-07-01 | $351,837 (10.4%) | $486,794 (-0.9%) | 0.79 | 1,799 |
2022-08-01 | $350,000 (2.4%) | $485,877 (-5.1%) | 0.81 | 1,937 |
2022-09-01 | $349,550 (0.5%) | $478,208 (-7.3%) | 0.82 | 2,044 |
2022-10-01 | $345,000 (2.3%) | $476,670 (-6.0%) | 0.81 | 2,288 |
2022-11-01 | $341,975 (3.3%) | $475,048 (-6.0%) | 0.82 | 2,426 |
2022-12-01 | $339,900 (3.0%) | $471,610 (-5.7%) | 0.84 | 2,256 |
2023-01-01 | $336,215 (3.5%) | $463,034 (-7.1%) | 0.83 | 2,043 |
2023-02-01 | $334,950 (-2.9%) | $465,085 (-8.7%) | 0.81 | 1,984 |
2023-03-01 | $336,950 (-1.3%) | $474,431 (-7.1%) | 0.79 | 1,907 |
2023-04-01 | $348,900 (-0.9%) | $510,747 (0.0%) | 0.81 | 1,740 |
2023-05-01 | $349,950 (-1.4%) | $523,203 (3.1%) | 0.79 | 1,735 |
2023-06-01 | $351,620 (-0.7%) | $538,330 (9.9%) | 0.79 | 1,796 |
2023-07-01 | $356,590 (1.4%) | $530,346 (9.0%) | 0.81 | 1,886 |
2023-08-01 | $351,120 (0.3%) | $518,971 (6.8%) | 0.81 | 1,975 |
2023-09-01 | $359,900 (3.0%) | $526,836 (10.2%) | 0.84 | 2,041 |
2023-10-01 | $359,925 (4.3%) | $523,715 (9.9%) | 0.85 | 2,189 |
Greenville's median listing price comes in at 85% of the national average.
Greenville's average listing price for 2023-10-01 was $523,715, a difference of $47,045 (9.9%) versus the prior year and $-3,121 versus the prior month.
For the 2023-10-01 period, Greenville had 2,189 MLS listings, a difference of 148 listings (7%) versus the prior month and -99 listings (-4%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Greenville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 81 days | 2,192 sqft |
2018-02-01 | 76 days | 2,209 sqft |
2018-03-01 | 56 days | 2,397 sqft |
2018-04-01 | 52 days | 2,407 sqft |
2018-05-01 | 51 days | 2,398 sqft |
2018-06-01 | 55 days | 2,400 sqft |
2018-07-01 | 60 days | 2,363 sqft |
2018-08-01 | 65 days | 2,316 sqft |
2018-09-01 | 64 days | 2,237 sqft |
2018-10-01 | 63 days | 2,197 sqft |
2018-11-01 | 68 days | 2,162 sqft |
2018-12-01 | 77 days | 2,146 sqft |
2019-01-01 | 86 days | 2,132 sqft |
2019-02-01 | 82 days | 2,100 sqft |
2019-03-01 | 70 days | 2,161 sqft |
2019-04-01 | 56 days | 2,225 sqft |
2019-05-01 | 51 days | 2,232 sqft |
2019-06-01 | 54 days | 2,200 sqft |
2019-07-01 | 54 days | 2,201 sqft |
2019-08-01 | 57 days | 2,154 sqft |
2019-09-01 | 61 days | 2,124 sqft |
2019-10-01 | 65 days | 2,120 sqft |
2019-11-01 | 67 days | 2,132 sqft |
2019-12-01 | 77 days | 2,100 sqft |
2020-01-01 | 79 days | 2,122 sqft |
2020-02-01 | 73 days | 2,167 sqft |
2020-03-01 | 61 days | 2,198 sqft |
2020-04-01 | 59 days | 2,204 sqft |
2020-05-01 | 64 days | 2,258 sqft |
2020-06-01 | 69 days | 2,262 sqft |
2020-07-01 | 58 days | 2,226 sqft |
2020-08-01 | 52 days | 2,200 sqft |
2020-09-01 | 51 days | 2,100 sqft |
2020-10-01 | 51 days | 2,050 sqft |
2020-11-01 | 53 days | 2,005 sqft |
2020-12-01 | 59 days | 2,011 sqft |
2021-01-01 | 68 days | 1,972 sqft |
2021-02-01 | 55 days | 1,940 sqft |
2021-03-01 | 50 days | 1,888 sqft |
2021-04-01 | 50 days | 1,994 sqft |
2021-05-01 | 40 days | 1,947 sqft |
2021-06-01 | 37 days | 1,986 sqft |
2021-07-01 | 33 days | 1,979 sqft |
2021-08-01 | 37 days | 2,026 sqft |
2021-09-01 | 44 days | 2,048 sqft |
2021-10-01 | 45 days | 1,968 sqft |
2021-11-01 | 45 days | 1,949 sqft |
2021-12-01 | 49 days | 1,962 sqft |
2022-01-01 | 54 days | 1,931 sqft |
2022-02-01 | 40 days | 1,950 sqft |
2022-03-01 | 37 days | 1,938 sqft |
2022-04-01 | 34 days | 1,881 sqft |
2022-05-01 | 32 days | 1,976 sqft |
2022-06-01 | 32 days | 1,952 sqft |
2022-07-01 | 34 days | 2,050 sqft |
2022-08-01 | 41 days | 1,996 sqft |
2022-09-01 | 45 days | 2,040 sqft |
2022-10-01 | 46 days | 2,164 sqft |
2022-11-01 | 51 days | 2,161 sqft |
2022-12-01 | 64 days | 2,050 sqft |
2023-01-01 | 75 days | 1,979 sqft |
2023-02-01 | 65 days | 1,931 sqft |
2023-03-01 | 51 days | 1,949 sqft |
2023-04-01 | 46 days | 2,072 sqft |
2023-05-01 | 43 days | 2,092 sqft |
2023-06-01 | 44 days | 2,100 sqft |
2023-07-01 | 43 days | 2,100 sqft |
2023-08-01 | 44 days | 2,044 sqft |
2023-09-01 | 44 days | 2,100 sqft |
2023-10-01 | 44 days | 2,086 sqft |
Greenville's median square footage for active listings during the 2023-10-01 period was 2,086 sqft. One year prior, the average listing was 2,164 sqft.