Hattiesburg VA Loan Rates, Closing Costs & Stats
HATTIESBURG, 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.
Hattiesburg's 53 lenders originated 227 VA loans during 2023. The total origination value was $58,965,000, with an average VA loan value of $259,758.
Hattiesburg VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Hattiesburg
averaged
6.26%
for the week of 2024-12-13, compared to the national average (all VA variants) of
6.077% for the same period.
Hattiesburg's average VA mortgage closing costs are $5,589.
The average rate for the prior week (2024-12-06) was
6.29% and
one month ago for the week of 2024-11-08, the
average rate was 6.39%.
The average rate one year ago was 6.54%.
For refis of the same type during the week of 2024-12-13, the average rate
was 6.47%.
Hattiesburg 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 Hattiesburg level.
The top Hattiesburg VA lender as defined by loan originations is Mortgage Research Center, LLC, with
51 VA loans originated. Their average total fees are
$5,998, which is $1,610
higher than the next largest lender,
Trustmark National Bank.
The lowest fee Hattiesburg VA lenders (with over 10 loans originated) are
Trustmark National Bank ($4,388), USAA Federal Savings Bank ($5,768), Mortgage Research Center, LLC ($5,998), QUICKEN LOANS, LLC ($8,143) and UNITED WHOLESALE MORTGAGE, LLC ($8,415).
The lowest rate Hattiesburg VA lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.20%), USAA Federal Savings Bank (6.45%), Trustmark National Bank (6.50%), Mortgage Research Center, LLC (6.64%) and UNITED WHOLESALE MORTGAGE, LLC (6.80%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Hattiesburg (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 | $194,500 (11.2%) | $258,451 (12.1%) | 0.72 | 540 |
2018-02-01 | $198,000 (13.2%) | $264,700 (10.3%) | 0.72 | 536 |
2018-03-01 | $204,900 (14.2%) | $272,139 (8.7%) | 0.72 | 567 |
2018-04-01 | $209,750 (15.1%) | $276,093 (6.3%) | 0.71 | 600 |
2018-05-01 | $219,000 (22.0%) | $281,836 (7.9%) | 0.73 | 593 |
2018-06-01 | $219,000 (20.0%) | $281,976 (8.6%) | 0.73 | 621 |
2018-07-01 | $214,900 (13.2%) | $279,985 (10.9%) | 0.72 | 646 |
2018-08-01 | $206,875 (11.8%) | $272,457 (9.2%) | 0.69 | 622 |
2018-09-01 | $199,500 (6.1%) | $262,253 (3.6%) | 0.67 | 613 |
2018-10-01 | $199,500 (3.9%) | $259,391 (0.5%) | 0.68 | 599 |
2018-11-01 | $189,950 (0.8%) | $259,480 (3.5%) | 0.64 | 579 |
2018-12-01 | $195,000 (2.6%) | $259,916 (1.3%) | 0.67 | 552 |
2019-01-01 | $195,000 (0.3%) | $258,478 (0.0%) | 0.67 | 527 |
2019-02-01 | $199,445 (0.7%) | $266,038 (0.5%) | 0.67 | 517 |
2019-03-01 | $196,143 (-4.3%) | $267,957 (-1.5%) | 0.64 | 531 |
2019-04-01 | $195,143 (-7.0%) | $269,573 (-2.4%) | 0.62 | 540 |
2019-05-01 | $196,600 (-10.2%) | $274,309 (-2.7%) | 0.61 | 515 |
2019-06-01 | $199,900 (-8.7%) | $276,538 (-1.9%) | 0.62 | 534 |
2019-07-01 | $209,900 (-2.3%) | $276,293 (-1.3%) | 0.66 | 558 |
2019-08-01 | $195,536 (-5.5%) | $269,001 (-1.3%) | 0.62 | 564 |
2019-09-01 | $188,991 (-5.3%) | $259,839 (-0.9%) | 0.60 | 556 |
2019-10-01 | $184,225 (-7.7%) | $253,295 (-2.4%) | 0.59 | 546 |
2019-11-01 | $185,900 (-2.1%) | $249,271 (-3.9%) | 0.61 | 532 |
2019-12-01 | $192,700 (-1.2%) | $251,445 (-3.3%) | 0.64 | 497 |
2020-01-01 | $190,200 (-2.5%) | $250,463 (-3.1%) | 0.64 | 466 |
2020-02-01 | $194,900 (-2.3%) | $253,245 (-4.8%) | 0.64 | 466 |
2020-03-01 | $198,725 (1.3%) | $257,156 (-4.0%) | 0.62 | 430 |
2020-04-01 | $198,125 (1.5%) | $260,083 (-3.5%) | 0.62 | 440 |
2020-05-01 | $214,750 (9.2%) | $274,360 (0.0%) | 0.65 | 390 |
2020-06-01 | $219,900 (10.0%) | $276,264 (-0.1%) | 0.65 | 378 |
2020-07-01 | $237,450 (13.1%) | $282,931 (2.4%) | 0.69 | 342 |
2020-08-01 | $254,950 (30.4%) | $299,200 (11.2%) | 0.73 | 307 |
2020-09-01 | $249,925 (32.2%) | $301,290 (16.0%) | 0.72 | 315 |
2020-10-01 | $237,000 (28.7%) | $311,821 (23.1%) | 0.68 | 322 |
2020-11-01 | $233,875 (25.8%) | $321,232 (28.9%) | 0.68 | 303 |
2020-12-01 | $234,475 (21.7%) | $334,726 (33.1%) | 0.70 | 276 |
2021-01-01 | $229,700 (20.8%) | $343,165 (37.0%) | 0.69 | 245 |
2021-02-01 | $230,000 (18.0%) | $346,881 (37.0%) | 0.67 | 230 |
2021-03-01 | $239,575 (20.6%) | $355,631 (38.3%) | 0.68 | 220 |
2021-04-01 | $247,250 (24.8%) | $383,790 (47.6%) | 0.67 | 195 |
2021-05-01 | $269,000 (25.3%) | $410,176 (49.5%) | 0.71 | 199 |
2021-06-01 | $270,950 (23.2%) | $429,289 (55.4%) | 0.71 | 181 |
2021-07-01 | $239,250 (0.8%) | $379,301 (34.1%) | 0.63 | 211 |
2021-08-01 | $235,000 (-7.8%) | $347,586 (16.2%) | 0.63 | 246 |
2021-09-01 | $235,875 (-5.6%) | $343,562 (14.0%) | 0.63 | 243 |
2021-10-01 | $224,900 (-5.1%) | $322,730 (3.5%) | 0.60 | 238 |
2021-11-01 | $222,975 (-4.7%) | $312,363 (-2.8%) | 0.60 | 237 |
2021-12-01 | $206,650 (-11.9%) | $310,792 (-7.2%) | 0.56 | 217 |
2022-01-01 | $226,450 (-1.4%) | $349,794 (1.9%) | 0.61 | 177 |
2022-02-01 | $238,653 (3.8%) | $393,242 (13.4%) | 0.62 | 145 |
2022-03-01 | $248,500 (3.7%) | $389,513 (9.5%) | 0.62 | 150 |
2022-04-01 | $293,250 (18.6%) | $406,989 (6.0%) | 0.70 | 150 |
2022-05-01 | $300,400 (11.7%) | $412,085 (0.5%) | 0.69 | 196 |
2022-06-01 | $299,050 (10.4%) | $395,672 (-7.8%) | 0.67 | 224 |
2022-07-01 | $295,000 (23.3%) | $364,514 (-3.9%) | 0.66 | 277 |
2022-08-01 | $279,600 (19.0%) | $330,691 (-4.9%) | 0.65 | 296 |
2022-09-01 | $279,900 (18.7%) | $340,706 (-0.8%) | 0.65 | 276 |
2022-10-01 | $298,500 (32.7%) | $350,801 (8.7%) | 0.70 | 280 |
2022-11-01 | $290,100 (30.1%) | $346,915 (11.1%) | 0.70 | 283 |
2022-12-01 | $279,150 (35.1%) | $344,616 (10.9%) | 0.69 | 303 |
2023-01-01 | $282,000 (24.5%) | $339,762 (-2.9%) | 0.70 | 287 |
2023-02-01 | $298,550 (25.1%) | $367,587 (-6.5%) | 0.72 | 270 |
2023-03-01 | $297,125 (19.6%) | $354,292 (-9.0%) | 0.70 | 250 |
2023-04-01 | $290,000 (-1.1%) | $358,125 (-12.0%) | 0.67 | 263 |
2023-05-01 | $289,950 (-3.5%) | $369,034 (-10.5%) | 0.66 | 262 |
2023-06-01 | $297,950 (-0.4%) | $368,712 (-6.8%) | 0.67 | 293 |
2023-07-01 | $295,000 (0.0%) | $365,509 (0.3%) | 0.67 | 311 |
2023-08-01 | $296,250 (6.0%) | $367,129 (11.0%) | 0.68 | 303 |
2023-09-01 | $289,000 (3.3%) | $353,869 (3.9%) | 0.67 | 322 |
2023-10-01 | $285,000 (-4.5%) | $353,560 (0.8%) | 0.67 | 339 |
2023-11-01 | $281,500 (-3.0%) | $372,109 (7.3%) | 0.67 | 362 |
2023-12-01 | $274,900 (-1.5%) | $376,550 (9.3%) | 0.67 | 363 |
2024-01-01 | $282,300 (0.1%) | $384,101 (13.1%) | 0.69 | 359 |
2024-02-01 | $289,750 (-3.0%) | $383,523 (4.3%) | 0.70 | 357 |
2024-03-01 | $298,000 (0.3%) | $399,070 (12.6%) | 0.70 | 353 |
2024-04-01 | $314,950 (8.6%) | $394,380 (10.1%) | 0.73 | 382 |
2024-05-01 | $300,725 (3.7%) | $379,212 (2.8%) | 0.68 | 416 |
2024-06-01 | $307,000 (3.0%) | $378,891 (2.8%) | 0.69 | 425 |
2024-07-01 | $309,375 (4.9%) | $386,866 (5.8%) | 0.71 | 431 |
2024-08-01 | $308,250 (4.1%) | $391,044 (6.5%) | 0.72 | 471 |
2024-09-01 | $309,250 (7.0%) | $403,176 (13.9%) | 0.73 | 487 |
2024-10-01 | $302,250 (6.1%) | $396,870 (12.3%) | 0.71 | 491 |
2024-11-01 | $299,900 (6.5%) | $385,695 (3.7%) | 0.72 | 488 |
Hattiesburg's median listing price comes in at 72% of the national average.
Hattiesburg's average listing price for 2024-11-01 was $385,695, a difference of $13,586 (3.7%) versus the prior year and $-11,175 versus the prior month.
For the 2024-11-01 period, Hattiesburg had 488 MLS listings, a difference of -3 listings (-1%) versus the prior month and 126 listings (35%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Hattiesburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 95 days | 2,003 sqft |
2018-02-01 | 88 days | 2,024 sqft |
2018-03-01 | 61 days | 2,107 sqft |
2018-04-01 | 59 days | 2,138 sqft |
2018-05-01 | 68 days | 2,172 sqft |
2018-06-01 | 72 days | 2,200 sqft |
2018-07-01 | 71 days | 2,155 sqft |
2018-08-01 | 75 days | 2,129 sqft |
2018-09-01 | 78 days | 2,097 sqft |
2018-10-01 | 81 days | 2,071 sqft |
2018-11-01 | 83 days | 2,075 sqft |
2018-12-01 | 95 days | 2,072 sqft |
2019-01-01 | 92 days | 2,036 sqft |
2019-02-01 | 91 days | 2,027 sqft |
2019-03-01 | 73 days | 2,069 sqft |
2019-04-01 | 61 days | 2,107 sqft |
2019-05-01 | 62 days | 2,137 sqft |
2019-06-01 | 64 days | 2,160 sqft |
2019-07-01 | 66 days | 2,182 sqft |
2019-08-01 | 68 days | 2,156 sqft |
2019-09-01 | 68 days | 2,091 sqft |
2019-10-01 | 71 days | 2,044 sqft |
2019-11-01 | 75 days | 2,016 sqft |
2019-12-01 | 81 days | 1,999 sqft |
2020-01-01 | 80 days | 2,000 sqft |
2020-02-01 | 78 days | 1,977 sqft |
2020-03-01 | 62 days | 2,008 sqft |
2020-04-01 | 64 days | 1,996 sqft |
2020-05-01 | 67 days | 2,076 sqft |
2020-06-01 | 68 days | 2,143 sqft |
2020-07-01 | 64 days | 2,135 sqft |
2020-08-01 | 57 days | 2,265 sqft |
2020-09-01 | 56 days | 2,206 sqft |
2020-10-01 | 52 days | 2,141 sqft |
2020-11-01 | 59 days | 2,174 sqft |
2020-12-01 | 66 days | 2,110 sqft |
2021-01-01 | 69 days | 2,089 sqft |
2021-02-01 | 54 days | 2,090 sqft |
2021-03-01 | 46 days | 2,076 sqft |
2021-04-01 | 44 days | 2,212 sqft |
2021-05-01 | 43 days | 2,256 sqft |
2021-06-01 | 44 days | 2,303 sqft |
2021-07-01 | 37 days | 2,100 sqft |
2021-08-01 | 37 days | 2,019 sqft |
2021-09-01 | 45 days | 1,969 sqft |
2021-10-01 | 50 days | 1,910 sqft |
2021-11-01 | 55 days | 1,910 sqft |
2021-12-01 | 60 days | 1,795 sqft |
2022-01-01 | 64 days | 1,852 sqft |
2022-02-01 | 62 days | 2,048 sqft |
2022-03-01 | 33 days | 2,148 sqft |
2022-04-01 | 35 days | 2,200 sqft |
2022-05-01 | 25 days | 2,171 sqft |
2022-06-01 | 32 days | 2,170 sqft |
2022-07-01 | 34 days | 2,151 sqft |
2022-08-01 | 48 days | 2,097 sqft |
2022-09-01 | 58 days | 2,232 sqft |
2022-10-01 | 58 days | 2,276 sqft |
2022-11-01 | 62 days | 2,175 sqft |
2022-12-01 | 64 days | 2,103 sqft |
2023-01-01 | 65 days | 2,142 sqft |
2023-02-01 | 66 days | 2,186 sqft |
2023-03-01 | 53 days | 2,156 sqft |
2023-04-01 | 46 days | 2,100 sqft |
2023-05-01 | 44 days | 2,078 sqft |
2023-06-01 | 41 days | 2,061 sqft |
2023-07-01 | 50 days | 2,056 sqft |
2023-08-01 | 58 days | 2,091 sqft |
2023-09-01 | 51 days | 2,005 sqft |
2023-10-01 | 52 days | 2,002 sqft |
2023-11-01 | 56 days | 2,004 sqft |
2023-12-01 | 61 days | 1,913 sqft |
2024-01-01 | 67 days | 1,911 sqft |
2024-02-01 | 63 days | 1,980 sqft |
2024-03-01 | 49 days | 2,040 sqft |
2024-04-01 | 46 days | 2,147 sqft |
2024-05-01 | 43 days | 2,101 sqft |
2024-06-01 | 54 days | 2,040 sqft |
2024-07-01 | 58 days | 2,054 sqft |
2024-08-01 | 58 days | 2,074 sqft |
2024-09-01 | 63 days | 2,113 sqft |
2024-10-01 | 68 days | 2,065 sqft |
2024-11-01 | 72 days | 2,038 sqft |
Hattiesburg's median square footage for active listings during the 2024-11-01 period was 2,038 sqft. One year prior, the average listing was 2,004 sqft.