Huntsville VA Loan Rates, Closing Costs & Stats
HUNTSVILLE, AL
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.
Huntsville's 139 lenders originated 2,125 VA loans during 2023. The total origination value was $807,865,000, with an average VA loan value of $380,172.
Huntsville VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Huntsville
averaged
5.49%
for the week of 2024-10-04, compared to the national average (all VA variants) of
5.596% for the same period.
Huntsville's average VA mortgage closing costs are $5,941.
The average rate for the prior week (2024-09-27) was
5.42% and
one month ago for the week of 2024-08-30, the
average rate was 5.64%.
The average rate one year ago was 7.08%.
For refis of the same type during the week of 2024-10-04, the average rate
was 5.98%.
Huntsville 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 Huntsville level.
The top Huntsville VA lender as defined by loan originations is Mortgage Research Center, LLC, with
179 VA loans originated. Their average total fees are
$6,239, which is $1,418
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Huntsville VA lenders (with over 10 loans originated) are
EAGLE HOME MORTGAGE, LLC ($4,114), Flagstar Bank, FSB ($4,694), DSLD MORTGAGE, LLC ($4,837), DHI MORTGAGE COMPANY, LTD. ($4,855) and NAVY FEDERAL CREDIT UNION ($5,249).
The lowest rate Huntsville VA lenders (with over 10 loans originated) are
EAGLE HOME MORTGAGE, LLC (5.07%), PENNYMAC LOAN SERVICES, LLC (5.40%), DHI MORTGAGE COMPANY, LTD. (5.43%), United Community Bank (5.56%) and PENTAGON FEDERAL CREDIT UNION (5.71%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Huntsville (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 | $238,339 (10.1%) | $283,711 (8.9%) | 0.88 | 2,205 |
2018-02-01 | $242,899 (11.5%) | $289,755 (10.2%) | 0.88 | 2,076 |
2018-03-01 | $246,700 (12.4%) | $294,249 (10.3%) | 0.87 | 2,064 |
2018-04-01 | $256,871 (16.8%) | $307,046 (13.2%) | 0.87 | 2,045 |
2018-05-01 | $255,139 (12.0%) | $307,923 (11.2%) | 0.85 | 2,051 |
2018-06-01 | $249,900 (8.9%) | $304,004 (9.2%) | 0.83 | 2,137 |
2018-07-01 | $252,500 (9.8%) | $310,309 (10.9%) | 0.84 | 2,121 |
2018-08-01 | $254,950 (12.5%) | $308,938 (10.5%) | 0.85 | 2,127 |
2018-09-01 | $259,900 (13.1%) | $308,434 (9.1%) | 0.87 | 2,117 |
2018-10-01 | $255,950 (11.3%) | $305,787 (8.5%) | 0.87 | 2,087 |
2018-11-01 | $254,925 (9.1%) | $304,388 (6.6%) | 0.86 | 2,038 |
2018-12-01 | $254,846 (10.8%) | $303,854 (7.7%) | 0.88 | 1,943 |
2019-01-01 | $253,668 (6.4%) | $299,407 (5.5%) | 0.88 | 1,782 |
2019-02-01 | $259,233 (6.7%) | $306,001 (5.6%) | 0.88 | 1,706 |
2019-03-01 | $264,471 (7.2%) | $316,510 (7.6%) | 0.86 | 1,638 |
2019-04-01 | $269,021 (4.7%) | $324,829 (5.8%) | 0.85 | 1,551 |
2019-05-01 | $272,889 (7.0%) | $326,124 (5.9%) | 0.85 | 1,559 |
2019-06-01 | $274,900 (10.0%) | $331,244 (9.0%) | 0.86 | 1,565 |
2019-07-01 | $275,000 (8.9%) | $340,522 (9.7%) | 0.86 | 1,532 |
2019-08-01 | $274,973 (7.9%) | $338,308 (9.5%) | 0.87 | 1,513 |
2019-09-01 | $274,932 (5.8%) | $336,341 (9.1%) | 0.88 | 1,477 |
2019-10-01 | $274,955 (7.4%) | $333,720 (9.1%) | 0.89 | 1,459 |
2019-11-01 | $276,910 (8.6%) | $336,407 (10.5%) | 0.91 | 1,359 |
2019-12-01 | $274,612 (7.8%) | $337,668 (11.1%) | 0.92 | 1,265 |
2020-01-01 | $279,948 (10.4%) | $345,806 (15.5%) | 0.94 | 1,181 |
2020-02-01 | $285,000 (9.9%) | $352,208 (15.1%) | 0.93 | 1,077 |
2020-03-01 | $289,900 (9.6%) | $362,655 (14.6%) | 0.91 | 1,034 |
2020-04-01 | $288,573 (7.3%) | $356,918 (9.9%) | 0.90 | 1,105 |
2020-05-01 | $289,950 (6.3%) | $358,728 (10.0%) | 0.88 | 1,260 |
2020-06-01 | $296,711 (7.9%) | $362,301 (9.4%) | 0.87 | 1,161 |
2020-07-01 | $296,250 (7.7%) | $371,433 (9.1%) | 0.86 | 1,109 |
2020-08-01 | $300,000 (9.1%) | $373,491 (10.4%) | 0.86 | 1,067 |
2020-09-01 | $299,900 (9.1%) | $371,188 (10.4%) | 0.86 | 1,029 |
2020-10-01 | $298,473 (8.6%) | $367,364 (10.1%) | 0.86 | 1,017 |
2020-11-01 | $299,450 (8.1%) | $371,342 (10.4%) | 0.88 | 980 |
2020-12-01 | $304,549 (10.9%) | $375,056 (11.1%) | 0.91 | 967 |
2021-01-01 | $323,700 (15.6%) | $385,620 (11.5%) | 0.97 | 834 |
2021-02-01 | $354,450 (24.4%) | $411,622 (16.9%) | 1.03 | 656 |
2021-03-01 | $356,399 (22.9%) | $419,646 (15.7%) | 1.01 | 575 |
2021-04-01 | $344,650 (19.4%) | $414,158 (16.0%) | 0.93 | 518 |
2021-05-01 | $349,000 (20.4%) | $419,008 (16.8%) | 0.93 | 499 |
2021-06-01 | $317,250 (6.9%) | $402,492 (11.1%) | 0.84 | 386 |
2021-07-01 | $324,075 (9.4%) | $414,936 (11.7%) | 0.86 | 457 |
2021-08-01 | $324,125 (8.0%) | $418,106 (12.0%) | 0.86 | 551 |
2021-09-01 | $342,600 (14.2%) | $439,037 (18.3%) | 0.91 | 537 |
2021-10-01 | $349,900 (17.2%) | $446,125 (21.4%) | 0.93 | 535 |
2021-11-01 | $354,582 (18.4%) | $464,088 (25.0%) | 0.95 | 511 |
2021-12-01 | $367,400 (20.6%) | $483,000 (28.8%) | 1.00 | 440 |
2022-01-01 | $374,494 (15.7%) | $489,006 (26.8%) | 1.01 | 358 |
2022-02-01 | $372,499 (5.1%) | $487,141 (18.4%) | 0.97 | 351 |
2022-03-01 | $413,297 (16.0%) | $479,802 (14.3%) | 1.03 | 499 |
2022-04-01 | $404,950 (17.5%) | $478,158 (15.5%) | 0.97 | 592 |
2022-05-01 | $399,900 (14.6%) | $475,164 (13.4%) | 0.91 | 792 |
2022-06-01 | $406,221 (28.0%) | $476,310 (18.3%) | 0.90 | 955 |
2022-07-01 | $395,000 (21.9%) | $464,109 (11.9%) | 0.89 | 1,209 |
2022-08-01 | $391,958 (20.9%) | $469,999 (12.4%) | 0.91 | 1,339 |
2022-09-01 | $394,950 (15.3%) | $470,435 (7.2%) | 0.92 | 1,433 |
2022-10-01 | $394,900 (12.9%) | $469,185 (5.2%) | 0.93 | 1,520 |
2022-11-01 | $395,900 (11.7%) | $467,972 (0.8%) | 0.95 | 1,609 |
2022-12-01 | $390,073 (6.2%) | $463,518 (-4.0%) | 0.96 | 1,570 |
2023-01-01 | $389,450 (4.0%) | $459,969 (-5.9%) | 0.96 | 1,519 |
2023-02-01 | $391,293 (5.1%) | $462,716 (-5.0%) | 0.94 | 1,447 |
2023-03-01 | $399,450 (-3.4%) | $466,379 (-2.8%) | 0.94 | 1,391 |
2023-04-01 | $412,900 (2.0%) | $479,420 (0.3%) | 0.96 | 1,364 |
2023-05-01 | $424,900 (6.3%) | $483,081 (1.7%) | 0.96 | 1,444 |
2023-06-01 | $424,950 (4.6%) | $485,381 (1.9%) | 0.95 | 1,513 |
2023-07-01 | $406,890 (3.0%) | $483,018 (4.1%) | 0.92 | 1,600 |
2023-08-01 | $399,900 (2.0%) | $481,084 (2.4%) | 0.92 | 1,633 |
2023-09-01 | $390,000 (-1.3%) | $469,893 (-0.1%) | 0.91 | 1,705 |
2023-10-01 | $376,950 (-4.6%) | $458,168 (-2.4%) | 0.89 | 1,853 |
2023-11-01 | $370,108 (-6.5%) | $449,017 (-4.1%) | 0.88 | 1,911 |
2023-12-01 | $365,000 (-6.4%) | $445,725 (-3.8%) | 0.89 | 1,885 |
2024-01-01 | $367,450 (-5.7%) | $452,841 (-1.6%) | 0.90 | 1,717 |
2024-02-01 | $371,450 (-5.1%) | $452,913 (-2.1%) | 0.89 | 1,692 |
2024-03-01 | $378,900 (-5.1%) | $455,442 (-2.3%) | 0.89 | 1,697 |
2024-04-01 | $379,900 (-8.0%) | $455,401 (-5.0%) | 0.88 | 1,790 |
2024-05-01 | $388,539 (-8.6%) | $462,874 (-4.2%) | 0.88 | 1,971 |
2024-06-01 | $385,000 (-9.4%) | $462,861 (-4.6%) | 0.87 | 2,066 |
2024-07-01 | $380,175 (-6.6%) | $458,045 (-5.2%) | 0.87 | 2,180 |
2024-08-01 | $370,000 (-7.5%) | $448,747 (-6.7%) | 0.86 | 2,344 |
2024-09-01 | $368,555 (-5.5%) | $443,851 (-5.5%) | 0.00 | 2,486 |
Huntsville's median listing price comes in at 0% of the national average.
Huntsville's average listing price for 2024-09-01 was $443,851, a difference of $-26,042 (-5.5%) versus the prior year and $-4,896 versus the prior month.
For the 2024-09-01 period, Huntsville had 2,486 MLS listings, a difference of 142 listings (6%) versus the prior month and 781 listings (46%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Huntsville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 89 days | 2,452 sqft |
2018-02-01 | 89 days | 2,474 sqft |
2018-03-01 | 71 days | 2,500 sqft |
2018-04-01 | 65 days | 2,546 sqft |
2018-05-01 | 59 days | 2,536 sqft |
2018-06-01 | 58 days | 2,500 sqft |
2018-07-01 | 61 days | 2,515 sqft |
2018-08-01 | 65 days | 2,508 sqft |
2018-09-01 | 72 days | 2,540 sqft |
2018-10-01 | 77 days | 2,521 sqft |
2018-11-01 | 81 days | 2,515 sqft |
2018-12-01 | 86 days | 2,507 sqft |
2019-01-01 | 92 days | 2,493 sqft |
2019-02-01 | 84 days | 2,500 sqft |
2019-03-01 | 70 days | 2,530 sqft |
2019-04-01 | 52 days | 2,545 sqft |
2019-05-01 | 46 days | 2,528 sqft |
2019-06-01 | 46 days | 2,550 sqft |
2019-07-01 | 51 days | 2,583 sqft |
2019-08-01 | 51 days | 2,562 sqft |
2019-09-01 | 52 days | 2,535 sqft |
2019-10-01 | 51 days | 2,520 sqft |
2019-11-01 | 57 days | 2,515 sqft |
2019-12-01 | 66 days | 2,500 sqft |
2020-01-01 | 73 days | 2,500 sqft |
2020-02-01 | 59 days | 2,500 sqft |
2020-03-01 | 39 days | 2,508 sqft |
2020-04-01 | 39 days | 2,491 sqft |
2020-05-01 | 37 days | 2,500 sqft |
2020-06-01 | 43 days | 2,503 sqft |
2020-07-01 | 45 days | 2,500 sqft |
2020-08-01 | 43 days | 2,501 sqft |
2020-09-01 | 39 days | 2,418 sqft |
2020-10-01 | 40 days | 2,401 sqft |
2020-11-01 | 42 days | 2,394 sqft |
2020-12-01 | 46 days | 2,396 sqft |
2021-01-01 | 50 days | 2,448 sqft |
2021-02-01 | 48 days | 2,512 sqft |
2021-03-01 | 33 days | 2,405 sqft |
2021-04-01 | 25 days | 2,423 sqft |
2021-05-01 | 17 days | 2,367 sqft |
2021-06-01 | 8 days | 2,344 sqft |
2021-07-01 | 9 days | 2,304 sqft |
2021-08-01 | 14 days | 2,337 sqft |
2021-09-01 | 18 days | 2,388 sqft |
2021-10-01 | 18 days | 2,377 sqft |
2021-11-01 | 18 days | 2,385 sqft |
2021-12-01 | 27 days | 2,424 sqft |
2022-01-01 | 30 days | 2,448 sqft |
2022-02-01 | 12 days | 2,399 sqft |
2022-03-01 | 10 days | 2,458 sqft |
2022-04-01 | 14 days | 2,449 sqft |
2022-05-01 | 19 days | 2,374 sqft |
2022-06-01 | 21 days | 2,373 sqft |
2022-07-01 | 29 days | 2,352 sqft |
2022-08-01 | 33 days | 2,354 sqft |
2022-09-01 | 40 days | 2,346 sqft |
2022-10-01 | 42 days | 2,357 sqft |
2022-11-01 | 50 days | 2,379 sqft |
2022-12-01 | 59 days | 2,368 sqft |
2023-01-01 | 67 days | 2,352 sqft |
2023-02-01 | 65 days | 2,361 sqft |
2023-03-01 | 57 days | 2,366 sqft |
2023-04-01 | 52 days | 2,376 sqft |
2023-05-01 | 48 days | 2,406 sqft |
2023-06-01 | 50 days | 2,432 sqft |
2023-07-01 | 50 days | 2,383 sqft |
2023-08-01 | 51 days | 2,375 sqft |
2023-09-01 | 53 days | 2,351 sqft |
2023-10-01 | 52 days | 2,285 sqft |
2023-11-01 | 57 days | 2,236 sqft |
2023-12-01 | 68 days | 2,211 sqft |
2024-01-01 | 77 days | 2,215 sqft |
2024-02-01 | 70 days | 2,235 sqft |
2024-03-01 | 51 days | 2,265 sqft |
2024-04-01 | 48 days | 2,272 sqft |
2024-05-01 | 45 days | 2,304 sqft |
2024-06-01 | 51 days | 2,291 sqft |
2024-07-01 | 54 days | 2,249 sqft |
2024-08-01 | 58 days | 2,223 sqft |
2024-09-01 | 0 days | 2,192 sqft |
Huntsville's median square footage for active listings during the 2024-09-01 period was 2,192 sqft. One year prior, the average listing was 2,351 sqft.