Hailey VA Loan Rates, Closing Costs & Stats

Hailey, ID

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    • 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.

    Hailey's 5 lenders originated 6 VA loans during 2023. The total origination value was $4,270,000, with an average VA loan value of $711,667.

    Hailey VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Hailey averaged 6.85% for the week of 2024-04-19, compared to the national average (all VA variants) of 6.758% for the same period.

    Hailey's average VA mortgage closing costs are $8,962.

    The average rate for the prior week (2024-04-12) was 6.98% and one month ago for the week of 2024-03-15, the average rate was 6.84%.

    The average rate one year ago was 6.13%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.56%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Hailey 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 Hailey level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 2 5.91% $17,317
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.00% $10,983
    FREEDOM MORTGAGE CORPORATION 1 6.49% $39,376
    Mortgage Research Center, LLC 1 6.75% $3,750
    QUICKEN LOANS, LLC 1 5.13% $40,345

    The top Hailey VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 2 VA loans originated. Their average total fees are $17,317, which is $6,333 higher than the next largest lender, AMERICAN PACIFIC MORTGAGE CORPORATION.

    The lowest fee Hailey VA lenders (with over 10 loans originated) are .

    The lowest rate Hailey VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Hailey (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $940,000 (20.4%) $1,719,142 (11.4%) 0.00 459
    2018-02-01 $969,250 (22.3%) $1,806,920 (15.3%) 0.00 446
    2018-03-01 $947,000 (18.5%) $1,751,845 (6.9%) 0.00 432
    2018-04-01 $897,000 (17.1%) $1,695,587 (6.5%) 0.00 424
    2018-05-01 $862,000 (12.2%) $1,635,362 (10.3%) 0.00 430
    2018-06-01 $875,000 (14.8%) $1,706,426 (16.0%) 0.00 498
    2018-07-01 $872,000 (12.5%) $1,723,226 (15.8%) 0.00 540
    2018-08-01 $876,250 (14.8%) $1,788,922 (20.2%) 0.00 531
    2018-09-01 $869,000 (12.9%) $1,794,518 (19.8%) 0.00 507
    2018-10-01 $876,250 (10.2%) $1,774,009 (14.0%) 0.00 465
    2018-11-01 $872,500 (1.5%) $1,784,994 (12.2%) 0.00 419
    2018-12-01 $882,000 (-1.5%) $1,821,757 (10.4%) 0.00 405
    2019-01-01 $875,000 (-6.9%) $1,855,547 (7.9%) 0.00 373
    2019-02-01 $892,000 (-8.0%) $1,890,835 (4.6%) 0.00 358
    2019-03-01 $1,043,286 (10.2%) $2,028,442 (15.8%) 0.00 337
    2019-04-01 $1,158,536 (29.2%) $2,115,446 (24.8%) 0.00 317
    2019-05-01 $982,500 (14.0%) $1,986,899 (21.5%) 0.00 340
    2019-06-01 $995,000 (13.7%) $2,022,952 (18.6%) 0.00 375
    2019-07-01 $976,000 (11.9%) $2,027,334 (17.7%) 0.00 397
    2019-08-01 $991,000 (13.1%) $2,024,698 (13.2%) 0.00 390
    2019-09-01 $1,038,250 (19.5%) $2,033,535 (13.3%) 0.00 366
    2019-10-01 $1,118,750 (27.7%) $2,092,850 (18.0%) 0.00 344
    2019-11-01 $1,195,000 (37.0%) $2,202,598 (23.4%) 0.00 306
    2019-12-01 $1,285,000 (45.7%) $2,262,271 (24.2%) 0.00 298
    2020-01-01 $1,377,500 (57.4%) $2,345,013 (26.4%) 0.00 264
    2020-02-01 $1,395,000 (56.4%) $2,353,029 (24.4%) 0.00 268
    2020-03-01 $1,262,500 (21.0%) $2,177,705 (7.4%) 0.00 280
    2020-04-01 $1,262,500 (9.0%) $2,115,465 (0.0%) 0.00 272
    2020-05-01 $1,175,000 (19.6%) $2,085,147 (4.9%) 0.00 274
    2020-06-01 $1,115,000 (12.1%) $2,067,290 (2.2%) 0.00 311
    2020-07-01 $1,198,750 (22.8%) $2,046,219 (0.9%) 0.00 322
    2020-08-01 $1,197,500 (20.8%) $2,134,145 (5.4%) 0.00 287
    2020-09-01 $1,236,250 (19.1%) $2,261,941 (11.2%) 0.00 259
    2020-10-01 $1,395,000 (24.7%) $2,497,608 (19.3%) 0.00 195
    2020-11-01 $1,643,750 (37.6%) $2,862,493 (30.0%) 0.00 150
    2020-12-01 $1,648,750 (28.3%) $2,898,616 (28.1%) 0.00 136
    2021-01-01 $1,847,500 (34.1%) $3,221,034 (37.4%) 0.00 96
    2021-02-01 $1,603,000 (14.9%) $3,306,679 (40.5%) 0.00 86
    2021-03-01 $1,499,500 (18.8%) $3,314,199 (52.2%) 0.00 81
    2021-04-01 $917,250 (-27.4%) $2,760,153 (30.5%) 0.00 92
    2021-05-01 $917,500 (-21.9%) $2,799,943 (34.3%) 0.00 96
    2021-06-01 $956,500 (-14.2%) $2,620,116 (26.7%) 0.00 105
    2021-07-01 $1,475,000 (23.0%) $2,770,357 (35.4%) 0.00 132
    2021-08-01 $1,561,250 (30.4%) $2,720,334 (27.5%) 0.00 149
    2021-09-01 $1,472,500 (19.1%) $2,808,207 (24.2%) 0.00 140
    2021-10-01 $1,300,000 (-6.8%) $2,443,023 (-2.2%) 0.00 130
    2021-11-01 $1,363,750 (-17.0%) $2,767,623 (-3.3%) 0.00 119
    2021-12-01 $1,525,000 (-7.5%) $2,928,664 (1.0%) 0.00 109
    2022-01-01 $1,850,000 (0.1%) $3,226,198 (0.2%) 0.00 88
    2022-02-01 $2,147,500 (34.0%) $3,305,866 (0.0%) 0.00 79
    2022-03-01 $3,200,000 (113.4%) $3,734,713 (12.7%) 0.00 80
    2022-04-01 $2,100,000 (129.0%) $3,524,929 (27.7%) 0.00 83
    2022-05-01 $1,523,000 (66.0%) $3,641,190 (30.1%) 0.00 90
    2022-06-01 $1,667,500 (74.3%) $3,396,876 (29.7%) 0.00 136
    2022-07-01 $1,572,500 (6.6%) $3,117,284 (12.5%) 0.00 196
    2022-08-01 $1,345,000 (-13.9%) $2,727,040 (0.3%) 0.00 211
    2022-09-01 $1,439,500 (-2.2%) $2,792,947 (-0.5%) 0.00 207
    2022-10-01 $1,472,500 (13.3%) $2,928,819 (19.9%) 0.00 193
    2022-11-01 $1,583,750 (16.1%) $3,009,816 (8.8%) 0.00 180
    2022-12-01 $1,850,000 (21.3%) $3,328,993 (13.7%) 0.00 171
    2023-01-01 $1,872,500 (1.2%) $3,492,170 (8.2%) 0.00 149
    2023-02-01 $1,862,500 (-13.3%) $3,373,573 (2.1%) 0.00 142
    2023-03-01 $1,651,250 (-48.4%) $3,156,104 (-15.5%) 0.00 145
    2023-04-01 $1,550,000 (-26.2%) $3,084,558 (-12.5%) 0.00 131
    2023-05-01 $1,022,500 (-32.9%) $2,790,614 (-23.4%) 0.00 119
    2023-06-01 $1,633,750 (-2.0%) $2,979,517 (-12.3%) 0.00 157
    2023-07-01 $1,962,500 (24.8%) $3,088,402 (-0.9%) 0.00 203
    2023-08-01 $1,970,000 (46.5%) $3,277,402 (20.2%) 0.00 218
    2023-09-01 $1,972,500 (37.0%) $3,351,028 (20.0%) 0.00 212
    2023-10-01 $1,928,750 (31.0%) $3,347,207 (14.3%) 0.00 197
    2023-11-01 $1,941,250 (22.6%) $3,264,208 (8.5%) 0.00 170
    2023-12-01 $2,075,000 (12.2%) $3,255,784 (-2.2%) 0.00 174
    2024-01-01 $2,072,500 (10.7%) $3,269,515 (-6.4%) 0.00 171
    2024-02-01 $1,875,000 (0.7%) $3,129,587 (-7.2%) 0.00 166
    2024-03-01 $1,350,000 (-18.2%) $2,662,440 (-15.6%) 0.00 178
    Hailey's median listing price for 2024-03-01 was $1,350,000, a difference of $-301,250 (-18.2%) versus the prior year and $-525,000 versus the prior month.

    Hailey's median listing price comes in at 0% of the national average.

    Hailey's average listing price for 2024-03-01 was $2,662,440, a difference of $-493,664 (-15.6%) versus the prior year and $-467,147 versus the prior month.

    For the 2024-03-01 period, Hailey had 178 MLS listings, a difference of 12 listings (7%) versus the prior month and 33 listings (23%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Hailey (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,584 sqft
    2018-02-01 0 days 2,590 sqft
    2018-03-01 0 days 2,586 sqft
    2018-04-01 0 days 2,571 sqft
    2018-05-01 0 days 2,462 sqft
    2018-06-01 0 days 2,457 sqft
    2018-07-01 0 days 2,471 sqft
    2018-08-01 0 days 2,495 sqft
    2018-09-01 0 days 2,490 sqft
    2018-10-01 0 days 2,504 sqft
    2018-11-01 0 days 2,469 sqft
    2018-12-01 0 days 2,477 sqft
    2019-01-01 0 days 2,348 sqft
    2019-02-01 0 days 2,471 sqft
    2019-03-01 0 days 2,576 sqft
    2019-04-01 0 days 2,705 sqft
    2019-05-01 0 days 2,508 sqft
    2019-06-01 0 days 2,487 sqft
    2019-07-01 0 days 2,507 sqft
    2019-08-01 0 days 2,522 sqft
    2019-09-01 0 days 2,544 sqft
    2019-10-01 0 days 2,604 sqft
    2019-11-01 0 days 2,657 sqft
    2019-12-01 0 days 2,696 sqft
    2020-01-01 0 days 2,752 sqft
    2020-02-01 0 days 2,784 sqft
    2020-03-01 0 days 2,524 sqft
    2020-04-01 0 days 2,496 sqft
    2020-05-01 0 days 2,437 sqft
    2020-06-01 0 days 2,407 sqft
    2020-07-01 0 days 2,469 sqft
    2020-08-01 0 days 2,483 sqft
    2020-09-01 0 days 2,594 sqft
    2020-10-01 0 days 2,855 sqft
    2020-11-01 0 days 2,939 sqft
    2020-12-01 0 days 2,980 sqft
    2021-01-01 0 days 3,064 sqft
    2021-02-01 0 days 3,098 sqft
    2021-03-01 0 days 2,970 sqft
    2021-04-01 0 days 2,658 sqft
    2021-05-01 0 days 2,454 sqft
    2021-06-01 0 days 2,508 sqft
    2021-07-01 0 days 2,652 sqft
    2021-08-01 0 days 2,503 sqft
    2021-09-01 0 days 2,529 sqft
    2021-10-01 0 days 2,282 sqft
    2021-11-01 0 days 2,314 sqft
    2021-12-01 0 days 2,507 sqft
    2022-01-01 0 days 2,552 sqft
    2022-02-01 0 days 2,693 sqft
    2022-03-01 0 days 2,956 sqft
    2022-04-01 0 days 2,693 sqft
    2022-05-01 0 days 2,730 sqft
    2022-06-01 0 days 2,708 sqft
    2022-07-01 0 days 2,510 sqft
    2022-08-01 0 days 2,201 sqft
    2022-09-01 0 days 2,232 sqft
    2022-10-01 0 days 2,324 sqft
    2022-11-01 0 days 2,551 sqft
    2022-12-01 0 days 2,724 sqft
    2023-01-01 0 days 2,759 sqft
    2023-02-01 0 days 2,719 sqft
    2023-03-01 0 days 2,554 sqft
    2023-04-01 0 days 2,514 sqft
    2023-05-01 0 days 2,041 sqft
    2023-06-01 0 days 2,445 sqft
    2023-07-01 0 days 2,596 sqft
    2023-08-01 0 days 2,712 sqft
    2023-09-01 0 days 2,682 sqft
    2023-10-01 0 days 2,722 sqft
    2023-11-01 0 days 2,556 sqft
    2023-12-01 0 days 2,700 sqft
    2024-01-01 0 days 2,741 sqft
    2024-02-01 0 days 2,308 sqft
    2024-03-01 0 days 2,078 sqft
    Hailey's median listing age (time on market) for 2024-03-01 was 0 days.

    Hailey's median square footage for active listings during the 2024-03-01 period was 2,078 sqft. One year prior, the average listing was 2,554 sqft.

    VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.