Gulfport VA Loan Rates, Closing Costs & Stats
GULFPORT-BILOXI, MS
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.
Gulfport's 95 lenders originated 1,370 VA loans during 2023. The total origination value was $362,050,000, with an average VA loan value of $264,270.
Gulfport VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Gulfport
averaged
-0.16%
for the week of 2024-11-29, compared to the national average (all VA variants) of
0% for the same period.
Gulfport's average VA mortgage closing costs are $5,645.
The average rate for the prior week (2024-11-22) was
6.3% and
one month ago for the week of 2024-10-25, the
average rate was 6.3%.
The average rate one year ago was 6.84%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0.34%.
Gulfport 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 Gulfport level.
The top Gulfport VA lender as defined by loan originations is Mortgage Research Center, LLC, with
213 VA loans originated. Their average total fees are
$5,200, which is $1,073
lower than the next largest lender,
DHI MORTGAGE COMPANY, LTD..
The lowest fee Gulfport VA lenders (with over 10 loans originated) are
MORTGAGE SOLUTIONS OF COLORADO, LLC ($5,040), Mortgage Research Center, LLC ($5,200), DSLD MORTGAGE, LLC ($5,208), Trustmark National Bank ($5,511) and CROSSCOUNTRY MORTGAGE, LLC ($5,815).
The lowest rate Gulfport VA lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.17%), KEESLER (5.55%), PENNYMAC LOAN SERVICES, LLC (5.67%), NAVY FEDERAL CREDIT UNION (5.84%) and DSLD MORTGAGE, LLC (5.92%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Gulfport (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 | $179,000 (4.8%) | $245,444 (5.0%) | 0.66 | 2,027 |
2018-02-01 | $179,850 (4.1%) | $242,122 (4.0%) | 0.65 | 2,044 |
2018-03-01 | $186,900 (6.1%) | $251,435 (6.6%) | 0.66 | 2,087 |
2018-04-01 | $189,950 (5.9%) | $256,140 (6.2%) | 0.64 | 2,152 |
2018-05-01 | $195,475 (8.6%) | $259,286 (7.2%) | 0.65 | 2,145 |
2018-06-01 | $195,000 (5.5%) | $262,835 (8.7%) | 0.65 | 2,143 |
2018-07-01 | $194,950 (5.4%) | $263,098 (8.0%) | 0.65 | 2,109 |
2018-08-01 | $195,450 (7.2%) | $260,073 (7.1%) | 0.65 | 2,119 |
2018-09-01 | $197,500 (9.8%) | $261,028 (7.4%) | 0.66 | 2,130 |
2018-10-01 | $197,725 (10.5%) | $258,922 (7.0%) | 0.67 | 2,092 |
2018-11-01 | $190,813 (6.8%) | $255,346 (5.7%) | 0.65 | 2,107 |
2018-12-01 | $189,900 (6.4%) | $250,887 (3.2%) | 0.66 | 2,027 |
2019-01-01 | $189,950 (6.1%) | $248,294 (1.2%) | 0.66 | 1,999 |
2019-02-01 | $194,950 (8.4%) | $252,469 (4.3%) | 0.66 | 1,992 |
2019-03-01 | $195,450 (4.6%) | $254,997 (1.4%) | 0.64 | 1,996 |
2019-04-01 | $196,775 (3.6%) | $257,035 (0.4%) | 0.62 | 2,038 |
2019-05-01 | $204,375 (4.6%) | $259,884 (0.2%) | 0.64 | 2,061 |
2019-06-01 | $201,750 (3.5%) | $258,712 (-1.6%) | 0.63 | 2,169 |
2019-07-01 | $204,070 (4.7%) | $261,336 (-0.7%) | 0.64 | 2,203 |
2019-08-01 | $203,722 (4.2%) | $263,158 (1.2%) | 0.65 | 2,160 |
2019-09-01 | $201,806 (2.2%) | $263,320 (0.9%) | 0.65 | 2,098 |
2019-10-01 | $200,494 (1.4%) | $263,428 (1.7%) | 0.65 | 2,041 |
2019-11-01 | $199,900 (4.8%) | $263,922 (3.4%) | 0.66 | 2,009 |
2019-12-01 | $198,950 (4.8%) | $260,169 (3.7%) | 0.66 | 2,010 |
2020-01-01 | $198,450 (4.5%) | $259,555 (4.5%) | 0.66 | 1,858 |
2020-02-01 | $199,900 (2.5%) | $259,363 (2.7%) | 0.65 | 1,892 |
2020-03-01 | $208,950 (6.9%) | $265,934 (4.3%) | 0.66 | 1,888 |
2020-04-01 | $209,950 (6.7%) | $265,607 (3.3%) | 0.66 | 1,862 |
2020-05-01 | $215,000 (5.2%) | $269,827 (3.8%) | 0.65 | 1,685 |
2020-06-01 | $225,000 (11.5%) | $279,844 (8.2%) | 0.66 | 1,450 |
2020-07-01 | $233,505 (14.4%) | $286,870 (9.8%) | 0.68 | 1,344 |
2020-08-01 | $243,100 (19.3%) | $294,779 (12.0%) | 0.70 | 1,216 |
2020-09-01 | $246,770 (22.3%) | $300,032 (13.9%) | 0.71 | 1,158 |
2020-10-01 | $247,738 (23.6%) | $296,993 (12.7%) | 0.71 | 1,114 |
2020-11-01 | $238,900 (19.5%) | $286,521 (8.6%) | 0.70 | 1,098 |
2020-12-01 | $238,819 (20.0%) | $286,023 (9.9%) | 0.71 | 1,026 |
2021-01-01 | $239,000 (20.4%) | $286,648 (10.4%) | 0.71 | 924 |
2021-02-01 | $240,900 (20.5%) | $297,496 (14.7%) | 0.70 | 779 |
2021-03-01 | $233,950 (12.0%) | $300,336 (12.9%) | 0.66 | 750 |
2021-04-01 | $232,000 (10.5%) | $315,325 (18.7%) | 0.63 | 682 |
2021-05-01 | $234,900 (9.3%) | $319,055 (18.2%) | 0.62 | 684 |
2021-06-01 | $231,125 (2.7%) | $327,543 (17.0%) | 0.61 | 740 |
2021-07-01 | $239,000 (2.4%) | $331,803 (15.7%) | 0.63 | 837 |
2021-08-01 | $236,385 (-2.8%) | $325,073 (10.3%) | 0.63 | 890 |
2021-09-01 | $235,000 (-4.8%) | $320,465 (6.8%) | 0.63 | 912 |
2021-10-01 | $245,000 (-1.1%) | $330,478 (11.3%) | 0.65 | 869 |
2021-11-01 | $254,375 (6.5%) | $341,770 (19.3%) | 0.68 | 765 |
2021-12-01 | $256,213 (7.3%) | $339,575 (18.7%) | 0.69 | 728 |
2022-01-01 | $255,000 (6.7%) | $350,187 (22.2%) | 0.69 | 648 |
2022-02-01 | $269,475 (11.9%) | $363,837 (22.3%) | 0.70 | 619 |
2022-03-01 | $277,450 (18.6%) | $358,218 (19.3%) | 0.69 | 647 |
2022-04-01 | $294,450 (26.9%) | $371,220 (17.7%) | 0.70 | 699 |
2022-05-01 | $295,825 (25.9%) | $375,393 (17.7%) | 0.68 | 789 |
2022-06-01 | $297,000 (28.5%) | $375,443 (14.6%) | 0.66 | 913 |
2022-07-01 | $295,900 (23.8%) | $368,732 (11.1%) | 0.67 | 1,022 |
2022-08-01 | $289,950 (22.7%) | $362,329 (11.5%) | 0.67 | 1,107 |
2022-09-01 | $295,340 (25.7%) | $360,217 (12.4%) | 0.69 | 1,108 |
2022-10-01 | $297,500 (21.4%) | $358,566 (8.5%) | 0.70 | 1,142 |
2022-11-01 | $288,400 (13.4%) | $354,748 (3.8%) | 0.69 | 1,175 |
2022-12-01 | $279,950 (9.3%) | $357,634 (5.3%) | 0.69 | 1,106 |
2023-01-01 | $293,053 (14.9%) | $364,710 (4.2%) | 0.73 | 1,011 |
2023-02-01 | $299,178 (11.0%) | $381,491 (4.9%) | 0.72 | 983 |
2023-03-01 | $304,500 (9.8%) | $391,521 (9.3%) | 0.72 | 973 |
2023-04-01 | $315,900 (7.3%) | $398,589 (7.4%) | 0.73 | 943 |
2023-05-01 | $300,900 (1.7%) | $392,960 (4.7%) | 0.68 | 1,033 |
2023-06-01 | $297,738 (0.3%) | $384,093 (2.3%) | 0.67 | 1,103 |
2023-07-01 | $305,000 (3.1%) | $385,261 (4.5%) | 0.69 | 1,181 |
2023-08-01 | $304,963 (5.2%) | $378,845 (4.6%) | 0.70 | 1,222 |
2023-09-01 | $299,900 (1.5%) | $371,743 (3.2%) | 0.70 | 1,281 |
2023-10-01 | $289,475 (-2.7%) | $360,891 (0.7%) | 0.68 | 1,388 |
2023-11-01 | $295,000 (2.3%) | $364,905 (2.9%) | 0.70 | 1,501 |
2023-12-01 | $294,950 (5.4%) | $362,061 (1.2%) | 0.72 | 1,501 |
2024-01-01 | $289,000 (-1.4%) | $360,381 (-1.2%) | 0.71 | 1,484 |
2024-02-01 | $287,495 (-3.9%) | $361,020 (-5.4%) | 0.69 | 1,506 |
2024-03-01 | $289,000 (-5.1%) | $365,795 (-6.6%) | 0.68 | 1,581 |
2024-04-01 | $289,963 (-8.2%) | $367,227 (-7.9%) | 0.67 | 1,660 |
2024-05-01 | $294,975 (-2.0%) | $370,608 (-5.7%) | 0.67 | 1,782 |
2024-06-01 | $298,700 (0.3%) | $375,940 (-2.1%) | 0.67 | 1,830 |
2024-07-01 | $293,000 (-3.9%) | $367,915 (-4.5%) | 0.67 | 1,867 |
2024-08-01 | $298,900 (-2.0%) | $368,642 (-2.7%) | 0.70 | 1,836 |
2024-09-01 | $299,000 (-0.3%) | $372,122 (0.1%) | 0.70 | 1,892 |
2024-10-01 | $299,000 (3.3%) | $376,793 (4.4%) | 0.70 | 1,890 |
Gulfport's median listing price comes in at 70% of the national average.
Gulfport's average listing price for 2024-10-01 was $376,793, a difference of $15,902 (4.4%) versus the prior year and $4,671 versus the prior month.
For the 2024-10-01 period, Gulfport had 1,890 MLS listings, a difference of -2 listings (0%) versus the prior month and 502 listings (36%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Gulfport (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 93 days | 1,843 sqft |
2018-02-01 | 91 days | 1,835 sqft |
2018-03-01 | 73 days | 1,854 sqft |
2018-04-01 | 70 days | 1,875 sqft |
2018-05-01 | 67 days | 1,902 sqft |
2018-06-01 | 71 days | 1,900 sqft |
2018-07-01 | 76 days | 1,908 sqft |
2018-08-01 | 78 days | 1,912 sqft |
2018-09-01 | 82 days | 1,900 sqft |
2018-10-01 | 84 days | 1,900 sqft |
2018-11-01 | 86 days | 1,880 sqft |
2018-12-01 | 91 days | 1,861 sqft |
2019-01-01 | 95 days | 1,854 sqft |
2019-02-01 | 88 days | 1,857 sqft |
2019-03-01 | 78 days | 1,874 sqft |
2019-04-01 | 71 days | 1,895 sqft |
2019-05-01 | 68 days | 1,921 sqft |
2019-06-01 | 67 days | 1,900 sqft |
2019-07-01 | 68 days | 1,907 sqft |
2019-08-01 | 73 days | 1,913 sqft |
2019-09-01 | 76 days | 1,923 sqft |
2019-10-01 | 78 days | 1,928 sqft |
2019-11-01 | 79 days | 1,920 sqft |
2019-12-01 | 82 days | 1,894 sqft |
2020-01-01 | 89 days | 1,879 sqft |
2020-02-01 | 87 days | 1,900 sqft |
2020-03-01 | 67 days | 1,916 sqft |
2020-04-01 | 72 days | 1,907 sqft |
2020-05-01 | 78 days | 1,914 sqft |
2020-06-01 | 82 days | 1,930 sqft |
2020-07-01 | 66 days | 2,016 sqft |
2020-08-01 | 60 days | 2,009 sqft |
2020-09-01 | 58 days | 2,001 sqft |
2020-10-01 | 58 days | 1,981 sqft |
2020-11-01 | 59 days | 1,949 sqft |
2020-12-01 | 65 days | 1,921 sqft |
2021-01-01 | 73 days | 1,886 sqft |
2021-02-01 | 63 days | 1,876 sqft |
2021-03-01 | 46 days | 1,843 sqft |
2021-04-01 | 44 days | 1,808 sqft |
2021-05-01 | 31 days | 1,748 sqft |
2021-06-01 | 36 days | 1,800 sqft |
2021-07-01 | 38 days | 1,820 sqft |
2021-08-01 | 39 days | 1,848 sqft |
2021-09-01 | 47 days | 1,852 sqft |
2021-10-01 | 24 days | 1,900 sqft |
2021-11-01 | 42 days | 1,914 sqft |
2021-12-01 | 54 days | 1,919 sqft |
2022-01-01 | 59 days | 1,900 sqft |
2022-02-01 | 53 days | 1,924 sqft |
2022-03-01 | 35 days | 1,874 sqft |
2022-04-01 | 32 days | 1,887 sqft |
2022-05-01 | 35 days | 1,897 sqft |
2022-06-01 | 37 days | 1,896 sqft |
2022-07-01 | 43 days | 1,880 sqft |
2022-08-01 | 48 days | 1,899 sqft |
2022-09-01 | 56 days | 1,898 sqft |
2022-10-01 | 60 days | 1,892 sqft |
2022-11-01 | 65 days | 1,895 sqft |
2022-12-01 | 74 days | 1,872 sqft |
2023-01-01 | 84 days | 1,861 sqft |
2023-02-01 | 86 days | 1,913 sqft |
2023-03-01 | 63 days | 1,942 sqft |
2023-04-01 | 58 days | 1,933 sqft |
2023-05-01 | 52 days | 1,905 sqft |
2023-06-01 | 48 days | 1,858 sqft |
2023-07-01 | 52 days | 1,824 sqft |
2023-08-01 | 55 days | 1,807 sqft |
2023-09-01 | 58 days | 1,773 sqft |
2023-10-01 | 56 days | 1,747 sqft |
2023-11-01 | 58 days | 1,725 sqft |
2023-12-01 | 67 days | 1,700 sqft |
2024-01-01 | 76 days | 1,702 sqft |
2024-02-01 | 75 days | 1,692 sqft |
2024-03-01 | 59 days | 1,724 sqft |
2024-04-01 | 57 days | 1,747 sqft |
2024-05-01 | 55 days | 1,751 sqft |
2024-06-01 | 58 days | 1,750 sqft |
2024-07-01 | 67 days | 1,747 sqft |
2024-08-01 | 68 days | 1,755 sqft |
2024-09-01 | 70 days | 1,768 sqft |
2024-10-01 | 73 days | 1,764 sqft |
Gulfport's median square footage for active listings during the 2024-10-01 period was 1,764 sqft. One year prior, the average listing was 1,747 sqft.