Jacksonville VA Loan Rates, Closing Costs & Stats
JACKSONVILLE, NC
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.
Jacksonville's 142 lenders originated 2,984 VA loans during 2023. The total origination value was $832,230,000, with an average VA loan value of $278,897.
Jacksonville VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Jacksonville
averaged
6.06%
for the week of 2024-12-06, compared to the national average (all VA variants) of
6.143% for the same period.
Jacksonville's average VA mortgage closing costs are $5,676.
The average rate for the prior week (2024-11-29) was
6.36% and
one month ago for the week of 2024-11-01, the
average rate was 6.22%.
The average rate one year ago was 6.87%.
For refis of the same type during the week of 2024-12-06, the average rate
was 5.96%.
Jacksonville 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 Jacksonville level.
The top Jacksonville VA lender as defined by loan originations is Mortgage Research Center, LLC, with
416 VA loans originated. Their average total fees are
$7,121, which is $37
higher than the next largest lender,
NAVY FEDERAL CREDIT UNION.
The lowest fee Jacksonville VA lenders (with over 10 loans originated) are
MORTGAGE SOLUTIONS OF COLORADO, LLC ($3,766), GUILD MORTGAGE COMPANY ($6,759), NBKC BANK ($6,938), NAVY FEDERAL CREDIT UNION ($7,084) and Mortgage Research Center, LLC ($7,121).
The lowest rate Jacksonville VA lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.30%), PENNYMAC LOAN SERVICES, LLC (5.59%), NBKC BANK (5.69%), PENTAGON FEDERAL CREDIT UNION (5.75%) and NAVY FEDERAL CREDIT UNION (5.80%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Jacksonville (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 | $187,750 (16.8%) | $229,259 (18.6%) | 0.70 | 1,284 |
2018-02-01 | $186,950 (12.1%) | $223,099 (12.2%) | 0.68 | 1,331 |
2018-03-01 | $188,500 (11.2%) | $227,323 (12.1%) | 0.66 | 1,398 |
2018-04-01 | $189,950 (11.5%) | $232,836 (12.5%) | 0.64 | 1,374 |
2018-05-01 | $194,598 (14.1%) | $235,631 (14.5%) | 0.65 | 1,390 |
2018-06-01 | $194,900 (11.7%) | $237,359 (11.2%) | 0.65 | 1,381 |
2018-07-01 | $192,000 (8.5%) | $238,375 (8.0%) | 0.64 | 1,408 |
2018-08-01 | $194,950 (8.3%) | $239,325 (7.1%) | 0.65 | 1,391 |
2018-09-01 | $194,500 (6.3%) | $238,018 (5.7%) | 0.65 | 1,371 |
2018-10-01 | $195,948 (6.4%) | $241,153 (7.5%) | 0.66 | 1,037 |
2018-11-01 | $199,700 (7.2%) | $244,258 (8.0%) | 0.68 | 948 |
2018-12-01 | $201,000 (7.5%) | $246,339 (7.9%) | 0.69 | 864 |
2019-01-01 | $207,450 (10.5%) | $253,825 (10.7%) | 0.72 | 779 |
2019-02-01 | $211,850 (13.3%) | $262,038 (17.5%) | 0.72 | 746 |
2019-03-01 | $213,718 (13.4%) | $267,971 (17.9%) | 0.70 | 730 |
2019-04-01 | $211,838 (11.5%) | $261,383 (12.3%) | 0.67 | 813 |
2019-05-01 | $211,425 (8.7%) | $267,543 (13.5%) | 0.66 | 1,011 |
2019-06-01 | $210,350 (7.9%) | $260,916 (9.9%) | 0.66 | 1,138 |
2019-07-01 | $211,000 (9.9%) | $262,122 (10.0%) | 0.66 | 1,216 |
2019-08-01 | $209,455 (7.4%) | $258,966 (8.2%) | 0.66 | 1,297 |
2019-09-01 | $208,636 (7.3%) | $257,078 (8.0%) | 0.67 | 1,334 |
2019-10-01 | $208,091 (6.2%) | $255,819 (6.1%) | 0.67 | 1,362 |
2019-11-01 | $206,000 (3.2%) | $254,844 (4.3%) | 0.68 | 1,375 |
2019-12-01 | $208,325 (3.6%) | $258,173 (4.8%) | 0.69 | 1,285 |
2020-01-01 | $209,900 (1.2%) | $257,762 (1.6%) | 0.70 | 1,208 |
2020-02-01 | $209,900 (-0.9%) | $257,574 (-1.7%) | 0.69 | 1,176 |
2020-03-01 | $213,700 (0.0%) | $263,445 (-1.7%) | 0.67 | 1,161 |
2020-04-01 | $215,400 (1.7%) | $266,162 (1.8%) | 0.67 | 1,114 |
2020-05-01 | $219,900 (4.0%) | $276,307 (3.3%) | 0.67 | 941 |
2020-06-01 | $221,450 (5.3%) | $276,978 (6.2%) | 0.65 | 815 |
2020-07-01 | $220,938 (4.7%) | $277,207 (5.8%) | 0.64 | 749 |
2020-08-01 | $221,250 (5.6%) | $283,533 (9.5%) | 0.63 | 649 |
2020-09-01 | $227,400 (9.0%) | $285,287 (11.0%) | 0.65 | 580 |
2020-10-01 | $226,225 (8.7%) | $289,755 (13.3%) | 0.65 | 557 |
2020-11-01 | $227,125 (10.3%) | $296,774 (16.5%) | 0.66 | 522 |
2020-12-01 | $226,375 (8.7%) | $303,587 (17.6%) | 0.67 | 429 |
2021-01-01 | $230,950 (10.0%) | $315,055 (22.2%) | 0.69 | 369 |
2021-02-01 | $222,925 (6.2%) | $314,273 (22.0%) | 0.65 | 302 |
2021-03-01 | $223,250 (4.5%) | $309,944 (17.7%) | 0.63 | 301 |
2021-04-01 | $223,450 (3.7%) | $314,968 (18.3%) | 0.60 | 286 |
2021-05-01 | $225,000 (2.3%) | $318,496 (15.3%) | 0.60 | 305 |
2021-06-01 | $229,450 (3.6%) | $331,918 (19.8%) | 0.60 | 325 |
2021-07-01 | $230,000 (4.1%) | $338,728 (22.2%) | 0.61 | 335 |
2021-08-01 | $229,975 (3.9%) | $342,443 (20.8%) | 0.61 | 342 |
2021-09-01 | $237,500 (4.4%) | $340,823 (19.5%) | 0.63 | 327 |
2021-10-01 | $231,000 (2.1%) | $334,774 (15.5%) | 0.62 | 350 |
2021-11-01 | $256,220 (12.8%) | $353,599 (19.2%) | 0.68 | 353 |
2021-12-01 | $264,225 (16.7%) | $365,008 (20.2%) | 0.72 | 349 |
2022-01-01 | $274,250 (18.8%) | $384,040 (21.9%) | 0.74 | 270 |
2022-02-01 | $266,500 (19.6%) | $372,904 (18.7%) | 0.69 | 227 |
2022-03-01 | $261,475 (17.1%) | $365,787 (18.0%) | 0.65 | 234 |
2022-04-01 | $277,500 (24.2%) | $390,963 (24.1%) | 0.66 | 260 |
2022-05-01 | $299,945 (33.3%) | $406,391 (27.6%) | 0.69 | 336 |
2022-06-01 | $302,450 (31.8%) | $415,825 (25.3%) | 0.67 | 380 |
2022-07-01 | $315,000 (37.0%) | $426,071 (25.8%) | 0.71 | 468 |
2022-08-01 | $329,700 (43.4%) | $428,164 (25.0%) | 0.76 | 501 |
2022-09-01 | $322,000 (35.6%) | $413,648 (21.4%) | 0.75 | 501 |
2022-10-01 | $325,000 (40.7%) | $407,079 (21.6%) | 0.76 | 553 |
2022-11-01 | $329,444 (28.6%) | $408,192 (15.4%) | 0.79 | 619 |
2022-12-01 | $329,900 (24.9%) | $411,309 (12.7%) | 0.81 | 602 |
2023-01-01 | $330,000 (20.3%) | $407,682 (6.2%) | 0.82 | 588 |
2023-02-01 | $330,450 (24.0%) | $399,586 (7.2%) | 0.80 | 557 |
2023-03-01 | $335,900 (28.5%) | $413,235 (13.0%) | 0.79 | 512 |
2023-04-01 | $344,900 (24.3%) | $417,804 (6.9%) | 0.80 | 495 |
2023-05-01 | $349,225 (16.4%) | $432,551 (6.4%) | 0.79 | 550 |
2023-06-01 | $347,450 (14.9%) | $437,925 (5.3%) | 0.78 | 550 |
2023-07-01 | $340,000 (7.9%) | $423,838 (-0.5%) | 0.77 | 575 |
2023-08-01 | $335,925 (1.9%) | $419,209 (-2.1%) | 0.77 | 591 |
2023-09-01 | $329,000 (2.2%) | $415,073 (0.3%) | 0.77 | 672 |
2023-10-01 | $324,975 (0.0%) | $395,942 (-2.7%) | 0.76 | 736 |
2023-11-01 | $325,000 (-1.4%) | $397,533 (-2.6%) | 0.77 | 812 |
2023-12-01 | $325,000 (-1.5%) | $403,993 (-1.8%) | 0.79 | 836 |
2024-01-01 | $324,450 (-1.7%) | $400,477 (-1.8%) | 0.79 | 781 |
2024-02-01 | $329,793 (-0.2%) | $409,724 (2.5%) | 0.79 | 767 |
2024-03-01 | $330,000 (-1.8%) | $413,280 (0.0%) | 0.78 | 763 |
2024-04-01 | $340,575 (-1.3%) | $448,510 (7.4%) | 0.79 | 776 |
2024-05-01 | $346,950 (-0.7%) | $468,401 (8.3%) | 0.78 | 854 |
2024-06-01 | $345,000 (-0.7%) | $473,365 (8.1%) | 0.78 | 841 |
2024-07-01 | $344,975 (1.5%) | $463,354 (9.3%) | 0.79 | 868 |
2024-08-01 | $340,500 (1.4%) | $455,981 (8.8%) | 0.79 | 908 |
2024-09-01 | $335,000 (1.8%) | $431,670 (4.0%) | 0.79 | 957 |
2024-10-01 | $334,900 (3.1%) | $427,121 (7.9%) | 0.79 | 966 |
2024-11-01 | $335,750 (3.3%) | $419,353 (5.5%) | 0.00 | 976 |
Jacksonville's median listing price comes in at 0% of the national average.
Jacksonville's average listing price for 2024-11-01 was $419,353, a difference of $21,820 (5.5%) versus the prior year and $-7,768 versus the prior month.
For the 2024-11-01 period, Jacksonville had 976 MLS listings, a difference of 10 listings (1%) versus the prior month and 164 listings (20%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Jacksonville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 97 days | 1,754 sqft |
2018-02-01 | 86 days | 1,748 sqft |
2018-03-01 | 63 days | 1,753 sqft |
2018-04-01 | 63 days | 1,756 sqft |
2018-05-01 | 62 days | 1,760 sqft |
2018-06-01 | 65 days | 1,760 sqft |
2018-07-01 | 66 days | 1,764 sqft |
2018-08-01 | 68 days | 1,786 sqft |
2018-09-01 | 81 days | 1,779 sqft |
2018-10-01 | 101 days | 1,781 sqft |
2018-11-01 | 102 days | 1,784 sqft |
2018-12-01 | 108 days | 1,782 sqft |
2019-01-01 | 90 days | 1,814 sqft |
2019-02-01 | 74 days | 1,862 sqft |
2019-03-01 | 52 days | 1,883 sqft |
2019-04-01 | 37 days | 1,871 sqft |
2019-05-01 | 37 days | 1,844 sqft |
2019-06-01 | 50 days | 1,821 sqft |
2019-07-01 | 55 days | 1,811 sqft |
2019-08-01 | 59 days | 1,792 sqft |
2019-09-01 | 66 days | 1,777 sqft |
2019-10-01 | 74 days | 1,761 sqft |
2019-11-01 | 73 days | 1,760 sqft |
2019-12-01 | 83 days | 1,770 sqft |
2020-01-01 | 94 days | 1,760 sqft |
2020-02-01 | 89 days | 1,731 sqft |
2020-03-01 | 68 days | 1,710 sqft |
2020-04-01 | 70 days | 1,736 sqft |
2020-05-01 | 75 days | 1,777 sqft |
2020-06-01 | 69 days | 1,800 sqft |
2020-07-01 | 57 days | 1,804 sqft |
2020-08-01 | 57 days | 1,794 sqft |
2020-09-01 | 64 days | 1,790 sqft |
2020-10-01 | 59 days | 1,800 sqft |
2020-11-01 | 68 days | 1,789 sqft |
2020-12-01 | 68 days | 1,763 sqft |
2021-01-01 | 60 days | 1,813 sqft |
2021-02-01 | 49 days | 1,723 sqft |
2021-03-01 | 40 days | 1,690 sqft |
2021-04-01 | 40 days | 1,712 sqft |
2021-05-01 | 38 days | 1,674 sqft |
2021-06-01 | 41 days | 1,670 sqft |
2021-07-01 | 40 days | 1,647 sqft |
2021-08-01 | 41 days | 1,622 sqft |
2021-09-01 | 40 days | 1,653 sqft |
2021-10-01 | 39 days | 1,600 sqft |
2021-11-01 | 38 days | 1,710 sqft |
2021-12-01 | 53 days | 1,729 sqft |
2022-01-01 | 61 days | 1,728 sqft |
2022-02-01 | 42 days | 1,679 sqft |
2022-03-01 | 34 days | 1,591 sqft |
2022-04-01 | 34 days | 1,657 sqft |
2022-05-01 | 32 days | 1,736 sqft |
2022-06-01 | 36 days | 1,731 sqft |
2022-07-01 | 38 days | 1,860 sqft |
2022-08-01 | 43 days | 1,865 sqft |
2022-09-01 | 49 days | 1,827 sqft |
2022-10-01 | 49 days | 1,865 sqft |
2022-11-01 | 48 days | 1,895 sqft |
2022-12-01 | 59 days | 1,904 sqft |
2023-01-01 | 71 days | 1,910 sqft |
2023-02-01 | 51 days | 1,901 sqft |
2023-03-01 | 45 days | 1,900 sqft |
2023-04-01 | 45 days | 1,941 sqft |
2023-05-01 | 38 days | 1,964 sqft |
2023-06-01 | 42 days | 1,925 sqft |
2023-07-01 | 44 days | 1,884 sqft |
2023-08-01 | 44 days | 1,834 sqft |
2023-09-01 | 47 days | 1,825 sqft |
2023-10-01 | 47 days | 1,800 sqft |
2023-11-01 | 49 days | 1,788 sqft |
2023-12-01 | 62 days | 1,800 sqft |
2024-01-01 | 73 days | 1,801 sqft |
2024-02-01 | 66 days | 1,795 sqft |
2024-03-01 | 52 days | 1,800 sqft |
2024-04-01 | 50 days | 1,809 sqft |
2024-05-01 | 41 days | 1,833 sqft |
2024-06-01 | 50 days | 1,843 sqft |
2024-07-01 | 59 days | 1,834 sqft |
2024-08-01 | 58 days | 1,802 sqft |
2024-09-01 | 58 days | 1,795 sqft |
2024-10-01 | 58 days | 1,764 sqft |
2024-11-01 | 0 days | 1,763 sqft |
Jacksonville's median square footage for active listings during the 2024-11-01 period was 1,763 sqft. One year prior, the average listing was 1,788 sqft.