Jacksonville VA Loan Rates, Closing Costs & Stats
Jacksonville, TX
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 25 lenders originated 48 VA loans during 2022. The total origination value was $13,540,000, with an average VA loan value of $282,083.
Jacksonville VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Jacksonville
averaged
6.82%
for the week of 2023-09-22, compared to the national average (all VA variants) of
6.823% for the same period.
Jacksonville's average VA mortgage closing costs are $5,431.
The average rate for the prior week (2023-09-15) was
6.6% and
one month ago for the week of 2023-08-18, the
average rate was 6.88%.
The average rate one year ago was 5.65%.
For refis of the same type during the week of 2023-09-22, the average rate
was 6.12%.
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
10 VA loans originated. Their average total fees are
$4,806, which is $1,781
lower than the next largest lender,
FINANCE OF AMERICA MORTGAGE LLC.
The lowest fee Jacksonville VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($4,806), .
The lowest rate Jacksonville VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC (4.48%), .
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 | $212,500 (11.1%) | $297,778 (12.5%) | 0.00 | 174 |
2018-02-01 | $209,475 (7.6%) | $313,142 (19.5%) | 0.00 | 179 |
2018-03-01 | $225,900 (3.2%) | $319,967 (9.3%) | 0.00 | 181 |
2018-04-01 | $226,225 (-2.7%) | $323,721 (8.9%) | 0.00 | 181 |
2018-05-01 | $235,250 (-4.8%) | $328,708 (8.3%) | 0.00 | 178 |
2018-06-01 | $240,500 (-7.0%) | $330,162 (2.0%) | 0.00 | 184 |
2018-07-01 | $244,975 (0.0%) | $316,511 (-0.2%) | 0.00 | 202 |
2018-08-01 | $241,875 (7.0%) | $309,224 (2.5%) | 0.00 | 200 |
2018-09-01 | $239,000 (16.9%) | $314,186 (9.4%) | 0.00 | 196 |
2018-10-01 | $235,500 (19.3%) | $299,989 (5.8%) | 0.00 | 182 |
2018-11-01 | $235,000 (17.9%) | $310,131 (10.1%) | 0.00 | 189 |
2018-12-01 | $234,750 (9.9%) | $309,085 (6.4%) | 0.00 | 182 |
2019-01-01 | $232,000 (9.2%) | $308,065 (3.5%) | 0.00 | 176 |
2019-02-01 | $229,500 (9.6%) | $314,855 (0.6%) | 0.00 | 169 |
2019-03-01 | $236,143 (4.5%) | $314,851 (-1.6%) | 0.00 | 177 |
2019-04-01 | $242,268 (7.1%) | $308,952 (-4.6%) | 0.00 | 195 |
2019-05-01 | $249,700 (6.1%) | $340,402 (3.6%) | 0.00 | 206 |
2019-06-01 | $249,900 (3.9%) | $347,200 (5.2%) | 0.00 | 196 |
2019-07-01 | $241,459 (-1.4%) | $347,679 (9.9%) | 0.00 | 179 |
2019-08-01 | $244,918 (1.3%) | $349,517 (13.0%) | 0.00 | 174 |
2019-09-01 | $247,495 (3.6%) | $343,255 (9.3%) | 0.00 | 163 |
2019-10-01 | $249,375 (5.9%) | $341,096 (13.7%) | 0.00 | 150 |
2019-11-01 | $243,000 (3.4%) | $332,574 (7.2%) | 0.00 | 155 |
2019-12-01 | $237,125 (1.0%) | $325,252 (5.2%) | 0.00 | 165 |
2020-01-01 | $239,995 (3.5%) | $323,215 (4.9%) | 0.00 | 151 |
2020-02-01 | $234,900 (2.4%) | $320,855 (1.9%) | 0.00 | 153 |
2020-03-01 | $241,095 (2.1%) | $344,873 (9.5%) | 0.00 | 140 |
2020-04-01 | $247,600 (2.2%) | $341,651 (10.6%) | 0.00 | 140 |
2020-05-01 | $259,995 (4.1%) | $355,191 (4.3%) | 0.00 | 126 |
2020-06-01 | $260,000 (4.0%) | $364,017 (4.8%) | 0.00 | 112 |
2020-07-01 | $261,450 (8.3%) | $369,008 (6.1%) | 0.00 | 107 |
2020-08-01 | $269,220 (9.9%) | $368,163 (5.3%) | 0.00 | 101 |
2020-09-01 | $244,893 (-1.1%) | $332,767 (-3.1%) | 0.00 | 89 |
2020-10-01 | $236,000 (-5.4%) | $330,193 (-3.2%) | 0.00 | 79 |
2020-11-01 | $217,500 (-10.5%) | $312,421 (-6.1%) | 0.00 | 82 |
2020-12-01 | $256,269 (8.1%) | $355,639 (9.3%) | 0.00 | 72 |
2021-01-01 | $256,275 (6.8%) | $357,046 (10.5%) | 0.00 | 66 |
2021-02-01 | $268,225 (14.2%) | $376,763 (17.4%) | 0.00 | 62 |
2021-03-01 | $258,600 (7.3%) | $371,357 (7.7%) | 0.00 | 56 |
2021-04-01 | $262,375 (6.0%) | $345,274 (1.1%) | 0.00 | 55 |
2021-05-01 | $248,500 (-4.4%) | $340,264 (-4.2%) | 0.00 | 64 |
2021-06-01 | $230,000 (-11.5%) | $321,939 (-11.6%) | 0.00 | 65 |
2021-07-01 | $254,000 (-2.9%) | $368,146 (-0.2%) | 0.00 | 66 |
2021-08-01 | $254,747 (-5.4%) | $371,720 (1.0%) | 0.00 | 86 |
2021-09-01 | $267,500 (9.2%) | $370,387 (11.3%) | 0.00 | 94 |
2021-10-01 | $225,000 (-4.7%) | $375,065 (13.6%) | 0.00 | 87 |
2021-11-01 | $195,219 (-10.2%) | $347,785 (11.3%) | 0.00 | 87 |
2021-12-01 | $188,994 (-26.3%) | $361,286 (1.6%) | 0.00 | 75 |
2022-01-01 | $197,988 (-22.7%) | $347,200 (-2.8%) | 0.00 | 60 |
2022-02-01 | $209,822 (-21.8%) | $336,114 (-10.8%) | 0.00 | 53 |
2022-03-01 | $274,300 (6.1%) | $402,328 (8.3%) | 0.00 | 54 |
2022-04-01 | $286,250 (9.1%) | $429,392 (24.4%) | 0.00 | 65 |
2022-05-01 | $274,975 (10.7%) | $434,300 (27.6%) | 0.00 | 82 |
2022-06-01 | $259,475 (12.8%) | $393,955 (22.4%) | 0.00 | 86 |
2022-07-01 | $278,900 (9.8%) | $392,447 (6.6%) | 0.00 | 100 |
2022-08-01 | $264,450 (3.8%) | $404,421 (8.8%) | 0.00 | 119 |
2022-09-01 | $252,500 (-5.6%) | $384,197 (3.7%) | 0.00 | 116 |
2022-10-01 | $269,900 (20.0%) | $384,821 (2.6%) | 0.00 | 134 |
2022-11-01 | $255,000 (30.6%) | $361,693 (4.0%) | 0.00 | 138 |
2022-12-01 | $255,000 (34.9%) | $336,679 (-6.8%) | 0.00 | 136 |
2023-01-01 | $255,000 (28.8%) | $332,666 (-4.2%) | 0.00 | 118 |
2023-02-01 | $255,000 (21.5%) | $330,253 (-1.7%) | 0.00 | 119 |
2023-03-01 | $255,000 (-7.0%) | $365,511 (-9.2%) | 0.00 | 123 |
2023-04-01 | $259,950 (-9.2%) | $385,225 (-10.3%) | 0.00 | 120 |
2023-05-01 | $310,000 (12.7%) | $384,715 (-11.4%) | 0.00 | 120 |
2023-06-01 | $271,000 (4.4%) | $375,979 (-4.6%) | 0.00 | 134 |
2023-07-01 | $279,800 (0.3%) | $401,591 (2.3%) | 0.00 | 156 |
2023-08-01 | $325,000 (22.9%) | $402,451 (-0.5%) | 0.00 | 182 |
Jacksonville's median listing price comes in at 0% of the national average.
Jacksonville's average listing price for 2023-08-01 was $402,451, a difference of $-1,970 (-0.5%) versus the prior year and $860 versus the prior month.
For the 2023-08-01 period, Jacksonville had 182 MLS listings, a difference of 26 listings (17%) versus the prior month and 63 listings (53%) 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 | 0 days | 2,050 sqft |
2018-02-01 | 0 days | 2,092 sqft |
2018-03-01 | 0 days | 2,211 sqft |
2018-04-01 | 0 days | 2,220 sqft |
2018-05-01 | 0 days | 2,180 sqft |
2018-06-01 | 0 days | 2,194 sqft |
2018-07-01 | 0 days | 2,149 sqft |
2018-08-01 | 0 days | 2,111 sqft |
2018-09-01 | 0 days | 2,094 sqft |
2018-10-01 | 0 days | 2,155 sqft |
2018-11-01 | 0 days | 2,165 sqft |
2018-12-01 | 0 days | 2,094 sqft |
2019-01-01 | 0 days | 2,006 sqft |
2019-02-01 | 0 days | 2,022 sqft |
2019-03-01 | 0 days | 1,994 sqft |
2019-04-01 | 0 days | 1,978 sqft |
2019-05-01 | 0 days | 2,160 sqft |
2019-06-01 | 0 days | 2,181 sqft |
2019-07-01 | 0 days | 2,248 sqft |
2019-08-01 | 0 days | 2,260 sqft |
2019-09-01 | 0 days | 2,263 sqft |
2019-10-01 | 0 days | 2,265 sqft |
2019-11-01 | 0 days | 2,120 sqft |
2019-12-01 | 0 days | 2,085 sqft |
2020-01-01 | 0 days | 2,108 sqft |
2020-02-01 | 0 days | 2,100 sqft |
2020-03-01 | 0 days | 2,148 sqft |
2020-04-01 | 0 days | 2,152 sqft |
2020-05-01 | 0 days | 2,233 sqft |
2020-06-01 | 0 days | 2,208 sqft |
2020-07-01 | 0 days | 2,235 sqft |
2020-08-01 | 0 days | 2,192 sqft |
2020-09-01 | 0 days | 2,032 sqft |
2020-10-01 | 0 days | 1,925 sqft |
2020-11-01 | 0 days | 1,939 sqft |
2020-12-01 | 0 days | 2,004 sqft |
2021-01-01 | 0 days | 2,012 sqft |
2021-02-01 | 0 days | 2,074 sqft |
2021-03-01 | 0 days | 2,094 sqft |
2021-04-01 | 0 days | 2,112 sqft |
2021-05-01 | 0 days | 2,064 sqft |
2021-06-01 | 0 days | 1,874 sqft |
2021-07-01 | 0 days | 2,000 sqft |
2021-08-01 | 0 days | 1,922 sqft |
2021-09-01 | 0 days | 1,907 sqft |
2021-10-01 | 0 days | 1,792 sqft |
2021-11-01 | 0 days | 1,755 sqft |
2021-12-01 | 0 days | 1,751 sqft |
2022-01-01 | 0 days | 1,720 sqft |
2022-02-01 | 0 days | 1,800 sqft |
2022-03-01 | 0 days | 2,038 sqft |
2022-04-01 | 0 days | 2,015 sqft |
2022-05-01 | 0 days | 2,008 sqft |
2022-06-01 | 0 days | 1,980 sqft |
2022-07-01 | 0 days | 1,948 sqft |
2022-08-01 | 0 days | 1,906 sqft |
2022-09-01 | 0 days | 1,861 sqft |
2022-10-01 | 0 days | 1,892 sqft |
2022-11-01 | 0 days | 1,703 sqft |
2022-12-01 | 0 days | 1,668 sqft |
2023-01-01 | 0 days | 1,684 sqft |
2023-02-01 | 0 days | 1,577 sqft |
2023-03-01 | 0 days | 1,628 sqft |
2023-04-01 | 0 days | 1,732 sqft |
2023-05-01 | 0 days | 1,779 sqft |
2023-06-01 | 0 days | 1,785 sqft |
2023-07-01 | 0 days | 1,881 sqft |
2023-08-01 | 0 days | 1,935 sqft |
Jacksonville's median square footage for active listings during the 2023-08-01 period was 1,935 sqft. One year prior, the average listing was 1,906 sqft.