Jefferson City VA Loan Rates, Closing Costs & Stats
JEFFERSON CITY, MO
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.
Jefferson City's 42 lenders originated 217 VA loans during 2023. The total origination value was $56,905,000, with an average VA loan value of $262,235.
Jefferson City VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Jefferson City
averaged
0.24%
for the week of 2024-11-29, compared to the national average (all VA variants) of
0% for the same period.
Jefferson City's average VA mortgage closing costs are $4,634.
The average rate for the prior week (2024-11-22) was
6.7% and
one month ago for the week of 2024-10-25, the
average rate was 6.3%.
The average rate one year ago was 7.14%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0.08%.
Jefferson City 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 Jefferson City level.
The top Jefferson City VA lender as defined by loan originations is Mortgage Research Center, LLC, with
75 VA loans originated. Their average total fees are
$5,770, which is $554
lower than the next largest lender,
FLAT BRANCH MORTGAGE, INC..
The lowest fee Jefferson City VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($5,770), FLAT BRANCH MORTGAGE, INC. ($6,324), UNITED WHOLESALE MORTGAGE, LLC ($7,316), .
The lowest rate Jefferson City VA lenders (with over 10 loans originated) are
FLAT BRANCH MORTGAGE, INC. (6.50%), UNITED WHOLESALE MORTGAGE, LLC (6.65%), Mortgage Research Center, LLC (6.72%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Jefferson City (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 | $146,700 (14.2%) | $187,716 (11.7%) | 0.54 | 387 |
2018-02-01 | $151,950 (17.0%) | $195,670 (17.1%) | 0.55 | 379 |
2018-03-01 | $149,900 (15.4%) | $199,251 (17.9%) | 0.53 | 394 |
2018-04-01 | $170,700 (22.0%) | $211,671 (15.3%) | 0.58 | 407 |
2018-05-01 | $174,900 (20.7%) | $216,452 (14.6%) | 0.58 | 413 |
2018-06-01 | $179,900 (24.2%) | $224,786 (19.2%) | 0.60 | 415 |
2018-07-01 | $179,450 (23.8%) | $216,911 (14.3%) | 0.60 | 434 |
2018-08-01 | $177,475 (22.5%) | $206,792 (10.2%) | 0.59 | 476 |
2018-09-01 | $175,000 (20.7%) | $204,027 (7.3%) | 0.59 | 481 |
2018-10-01 | $166,175 (15.8%) | $197,231 (6.5%) | 0.56 | 480 |
2018-11-01 | $168,200 (16.0%) | $196,723 (6.7%) | 0.57 | 460 |
2018-12-01 | $164,950 (12.8%) | $195,750 (3.7%) | 0.57 | 446 |
2019-01-01 | $166,200 (13.3%) | $195,113 (3.9%) | 0.57 | 406 |
2019-02-01 | $154,425 (1.6%) | $188,022 (-3.9%) | 0.52 | 412 |
2019-03-01 | $160,079 (6.8%) | $192,838 (-3.2%) | 0.52 | 389 |
2019-04-01 | $168,875 (-1.1%) | $197,758 (-6.6%) | 0.54 | 384 |
2019-05-01 | $169,450 (-3.1%) | $207,046 (-4.4%) | 0.53 | 402 |
2019-06-01 | $177,000 (-1.6%) | $214,867 (-4.4%) | 0.55 | 423 |
2019-07-01 | $177,350 (-1.2%) | $218,750 (0.9%) | 0.56 | 408 |
2019-08-01 | $175,965 (-0.9%) | $217,556 (5.2%) | 0.56 | 407 |
2019-09-01 | $177,414 (1.4%) | $216,403 (6.1%) | 0.57 | 407 |
2019-10-01 | $176,559 (6.3%) | $212,795 (7.9%) | 0.57 | 406 |
2019-11-01 | $179,900 (7.0%) | $213,777 (8.7%) | 0.59 | 393 |
2019-12-01 | $179,950 (9.1%) | $214,696 (9.7%) | 0.60 | 361 |
2020-01-01 | $173,250 (4.2%) | $216,034 (10.7%) | 0.58 | 345 |
2020-02-01 | $177,000 (14.6%) | $227,371 (20.9%) | 0.58 | 331 |
2020-03-01 | $185,500 (15.9%) | $236,500 (22.6%) | 0.58 | 301 |
2020-04-01 | $196,970 (16.6%) | $234,636 (18.7%) | 0.62 | 285 |
2020-05-01 | $210,000 (23.9%) | $245,667 (18.7%) | 0.64 | 250 |
2020-06-01 | $213,700 (20.7%) | $248,132 (15.5%) | 0.63 | 249 |
2020-07-01 | $207,400 (16.9%) | $247,150 (13.0%) | 0.60 | 213 |
2020-08-01 | $204,900 (16.4%) | $245,885 (13.0%) | 0.59 | 189 |
2020-09-01 | $199,800 (12.6%) | $238,638 (10.3%) | 0.57 | 183 |
2020-10-01 | $179,700 (1.8%) | $231,733 (8.9%) | 0.51 | 169 |
2020-11-01 | $183,725 (2.1%) | $240,167 (12.3%) | 0.54 | 166 |
2020-12-01 | $178,700 (-0.7%) | $234,803 (9.4%) | 0.53 | 173 |
2021-01-01 | $178,700 (3.2%) | $232,148 (7.5%) | 0.53 | 142 |
2021-02-01 | $180,833 (2.2%) | $233,710 (2.8%) | 0.53 | 105 |
2021-03-01 | $196,175 (5.8%) | $247,269 (4.6%) | 0.56 | 85 |
2021-04-01 | $212,450 (7.9%) | $261,799 (11.6%) | 0.58 | 96 |
2021-05-01 | $182,400 (-13.1%) | $251,898 (2.5%) | 0.48 | 97 |
2021-06-01 | $199,900 (-6.5%) | $263,888 (6.4%) | 0.53 | 111 |
2021-07-01 | $193,900 (-6.5%) | $253,255 (2.5%) | 0.51 | 130 |
2021-08-01 | $199,050 (-2.9%) | $264,330 (7.5%) | 0.53 | 143 |
2021-09-01 | $218,575 (9.4%) | $271,787 (13.9%) | 0.58 | 154 |
2021-10-01 | $199,900 (11.2%) | $259,303 (11.9%) | 0.53 | 153 |
2021-11-01 | $188,350 (2.5%) | $279,364 (16.3%) | 0.50 | 148 |
2021-12-01 | $195,000 (9.1%) | $271,727 (15.7%) | 0.53 | 144 |
2022-01-01 | $192,000 (7.4%) | $279,057 (20.2%) | 0.52 | 119 |
2022-02-01 | $206,450 (14.2%) | $299,217 (28.0%) | 0.54 | 112 |
2022-03-01 | $198,950 (1.4%) | $297,224 (20.2%) | 0.50 | 102 |
2022-04-01 | $199,500 (-6.1%) | $289,557 (10.6%) | 0.48 | 116 |
2022-05-01 | $227,400 (24.7%) | $303,709 (20.6%) | 0.52 | 132 |
2022-06-01 | $238,725 (19.4%) | $296,505 (12.4%) | 0.53 | 161 |
2022-07-01 | $221,125 (14.0%) | $285,367 (12.7%) | 0.50 | 178 |
2022-08-01 | $217,925 (9.5%) | $298,331 (12.9%) | 0.50 | 186 |
2022-09-01 | $227,250 (4.0%) | $314,161 (15.6%) | 0.53 | 178 |
2022-10-01 | $199,900 (0.0%) | $282,806 (9.1%) | 0.47 | 197 |
2022-11-01 | $242,000 (28.5%) | $299,514 (7.2%) | 0.58 | 163 |
2022-12-01 | $259,900 (33.3%) | $325,852 (19.9%) | 0.64 | 150 |
2023-01-01 | $254,450 (32.5%) | $315,270 (13.0%) | 0.63 | 125 |
2023-02-01 | $259,950 (25.9%) | $320,178 (7.0%) | 0.63 | 122 |
2023-03-01 | $251,250 (26.3%) | $312,207 (5.0%) | 0.59 | 121 |
2023-04-01 | $278,400 (39.6%) | $333,228 (15.1%) | 0.65 | 128 |
2023-05-01 | $278,550 (22.5%) | $335,999 (10.6%) | 0.63 | 138 |
2023-06-01 | $266,150 (11.5%) | $338,133 (14.0%) | 0.60 | 148 |
2023-07-01 | $279,900 (26.6%) | $343,852 (20.5%) | 0.64 | 151 |
2023-08-01 | $319,900 (46.8%) | $379,804 (27.3%) | 0.73 | 149 |
2023-09-01 | $317,500 (39.7%) | $374,110 (19.1%) | 0.74 | 162 |
2023-10-01 | $315,000 (57.6%) | $357,981 (26.6%) | 0.74 | 174 |
2023-11-01 | $314,950 (30.1%) | $365,182 (21.9%) | 0.75 | 169 |
2023-12-01 | $302,488 (16.4%) | $364,517 (11.9%) | 0.74 | 150 |
2024-01-01 | $302,488 (18.9%) | $362,646 (15.0%) | 0.74 | 152 |
2024-02-01 | $314,900 (21.1%) | $362,458 (13.2%) | 0.76 | 142 |
2024-03-01 | $309,900 (23.3%) | $352,238 (12.8%) | 0.73 | 153 |
2024-04-01 | $289,325 (3.9%) | $361,009 (8.3%) | 0.67 | 149 |
2024-05-01 | $319,900 (14.8%) | $366,486 (9.1%) | 0.72 | 148 |
2024-06-01 | $334,900 (25.8%) | $399,501 (18.2%) | 0.75 | 184 |
2024-07-01 | $294,000 (5.0%) | $369,395 (7.4%) | 0.67 | 227 |
2024-08-01 | $298,000 (-6.9%) | $379,875 (0.0%) | 0.69 | 242 |
2024-09-01 | $292,725 (-7.8%) | $403,151 (7.8%) | 0.69 | 263 |
2024-10-01 | $299,450 (-4.9%) | $409,527 (14.4%) | 0.70 | 283 |
Jefferson City's median listing price comes in at 70% of the national average.
Jefferson City's average listing price for 2024-10-01 was $409,527, a difference of $51,546 (14.4%) versus the prior year and $6,376 versus the prior month.
For the 2024-10-01 period, Jefferson City had 283 MLS listings, a difference of 20 listings (8%) versus the prior month and 109 listings (63%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Jefferson City (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 79 days | 1,944 sqft |
2018-02-01 | 71 days | 1,977 sqft |
2018-03-01 | 56 days | 1,978 sqft |
2018-04-01 | 50 days | 2,028 sqft |
2018-05-01 | 52 days | 2,111 sqft |
2018-06-01 | 53 days | 2,118 sqft |
2018-07-01 | 54 days | 2,124 sqft |
2018-08-01 | 58 days | 2,098 sqft |
2018-09-01 | 60 days | 2,010 sqft |
2018-10-01 | 65 days | 1,983 sqft |
2018-11-01 | 70 days | 1,961 sqft |
2018-12-01 | 78 days | 1,876 sqft |
2019-01-01 | 82 days | 1,870 sqft |
2019-02-01 | 82 days | 1,810 sqft |
2019-03-01 | 67 days | 1,831 sqft |
2019-04-01 | 51 days | 1,878 sqft |
2019-05-01 | 42 days | 1,943 sqft |
2019-06-01 | 44 days | 2,021 sqft |
2019-07-01 | 58 days | 1,994 sqft |
2019-08-01 | 57 days | 1,985 sqft |
2019-09-01 | 55 days | 1,978 sqft |
2019-10-01 | 55 days | 1,949 sqft |
2019-11-01 | 63 days | 1,922 sqft |
2019-12-01 | 74 days | 1,952 sqft |
2020-01-01 | 78 days | 1,966 sqft |
2020-02-01 | 68 days | 1,986 sqft |
2020-03-01 | 53 days | 2,041 sqft |
2020-04-01 | 64 days | 2,005 sqft |
2020-05-01 | 59 days | 2,131 sqft |
2020-06-01 | 47 days | 2,016 sqft |
2020-07-01 | 52 days | 2,101 sqft |
2020-08-01 | 40 days | 2,100 sqft |
2020-09-01 | 35 days | 2,040 sqft |
2020-10-01 | 34 days | 1,874 sqft |
2020-11-01 | 37 days | 1,946 sqft |
2020-12-01 | 36 days | 1,812 sqft |
2021-01-01 | 47 days | 1,786 sqft |
2021-02-01 | 37 days | 1,774 sqft |
2021-03-01 | 25 days | 1,884 sqft |
2021-04-01 | 16 days | 2,016 sqft |
2021-05-01 | 16 days | 1,836 sqft |
2021-06-01 | 16 days | 1,919 sqft |
2021-07-01 | 18 days | 1,875 sqft |
2021-08-01 | 19 days | 1,977 sqft |
2021-09-01 | 23 days | 1,845 sqft |
2021-10-01 | 29 days | 1,748 sqft |
2021-11-01 | 35 days | 1,675 sqft |
2021-12-01 | 45 days | 1,828 sqft |
2022-01-01 | 52 days | 1,847 sqft |
2022-02-01 | 39 days | 1,810 sqft |
2022-03-01 | 29 days | 1,878 sqft |
2022-04-01 | 22 days | 1,873 sqft |
2022-05-01 | 25 days | 1,991 sqft |
2022-06-01 | 23 days | 1,770 sqft |
2022-07-01 | 39 days | 1,742 sqft |
2022-08-01 | 35 days | 1,831 sqft |
2022-09-01 | 44 days | 1,905 sqft |
2022-10-01 | 41 days | 1,728 sqft |
2022-11-01 | 51 days | 1,783 sqft |
2022-12-01 | 64 days | 1,859 sqft |
2023-01-01 | 64 days | 1,805 sqft |
2023-02-01 | 47 days | 1,848 sqft |
2023-03-01 | 38 days | 1,860 sqft |
2023-04-01 | 27 days | 1,879 sqft |
2023-05-01 | 27 days | 1,889 sqft |
2023-06-01 | 36 days | 1,862 sqft |
2023-07-01 | 30 days | 1,949 sqft |
2023-08-01 | 37 days | 2,066 sqft |
2023-09-01 | 38 days | 2,086 sqft |
2023-10-01 | 39 days | 1,988 sqft |
2023-11-01 | 41 days | 2,018 sqft |
2023-12-01 | 56 days | 2,097 sqft |
2024-01-01 | 58 days | 2,034 sqft |
2024-02-01 | 40 days | 2,049 sqft |
2024-03-01 | 37 days | 1,961 sqft |
2024-04-01 | 33 days | 1,944 sqft |
2024-05-01 | 31 days | 1,915 sqft |
2024-06-01 | 29 days | 2,001 sqft |
2024-07-01 | 36 days | 1,948 sqft |
2024-08-01 | 39 days | 1,940 sqft |
2024-09-01 | 39 days | 1,941 sqft |
2024-10-01 | 49 days | 1,985 sqft |
Jefferson City's median square footage for active listings during the 2024-10-01 period was 1,985 sqft. One year prior, the average listing was 1,988 sqft.