Kingston VA Loan Rates, Closing Costs & Stats
KINGSTON, NY
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.
Kingston's 17 lenders originated 51 VA loans during 2023. The total origination value was $18,545,000, with an average VA loan value of $363,627.
Kingston VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Kingston
averaged
6.71%
for the week of 2024-04-19, compared to the national average (all VA variants) of
6.758% for the same period.
Kingston's average VA mortgage closing costs are $7,709.
The average rate for the prior week (2024-04-12) was
6.74% and
one month ago for the week of 2024-03-15, the
average rate was 6.5%.
The average rate one year ago was 6.19%.
For refis of the same type during the week of 2024-04-19, the average rate
was 7.31%.
Kingston 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 Kingston level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| QUICKEN LOANS, LLC | 8 | 6.32% | $15,239 |
| Mortgage Research Center, LLC | 7 | 6.20% | $15,019 |
| NAVY FEDERAL CREDIT UNION | 6 | 6.23% | $6,575 |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | 5 | 6.40% | $11,625 |
| USAA Federal Savings Bank | 4 | 6.56% | $12,862 |
| Barrington Bank & Trust Company, N.A. | 3 | 6.42% | $8,589 |
| HOMESTEAD FUNDING CORP. | 3 | 6.54% | $6,407 |
| LOANDEPOT.COM, LLC | 3 | 6.29% | $12,339 |
| The Federal Savings Bank | 2 | 6.13% | $18,871 |
| UNITED WHOLESALE MORTGAGE, LLC | 2 | 7.25% | $17,166 |
| Valley National Bank | 1 | 6.25% | $5,538 |
| CALIBER HOME LOANS, INC. | 1 | 6.75% | $4,880 |
| FREEDOM MORTGAGE CORPORATION | 1 | 6.25% | $10,422 |
| GUARANTEED RATE, INC. | 1 | 5.73% | $12,289 |
| Mr. Cooper ( Nationstar Mortgage ) | 1 | 6.25% | $10,047 |
| NATIONWIDE MORTGAGE BANKERS, INC. | 1 | 7.25% | $8,623 |
| PLAZA HOME MORTGAGE, INC. | 1 | 6.75% | $20,286 |
The top Kingston VA lender as defined by loan originations is QUICKEN LOANS, LLC, with
8 VA loans originated. Their average total fees are
$15,239, which is $220
higher than the next largest lender,
Mortgage Research Center, LLC.
The lowest fee Kingston VA lenders (with over 10 loans originated) are
.
The lowest rate Kingston VA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Kingston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $274,900 (15.0%) | $450,702 (19.6%) | 1.02 | 1,025 |
| 2018-02-01 | $267,225 (11.4%) | $443,991 (19.3%) | 0.97 | 986 |
| 2018-03-01 | $274,950 (14.7%) | $465,097 (25.4%) | 0.96 | 963 |
| 2018-04-01 | $299,000 (20.1%) | $505,794 (33.2%) | 1.01 | 824 |
| 2018-05-01 | $299,950 (15.4%) | $511,973 (33.7%) | 1.00 | 945 |
| 2018-06-01 | $306,950 (14.1%) | $498,242 (27.8%) | 1.02 | 1,095 |
| 2018-07-01 | $302,400 (12.0%) | $481,629 (18.5%) | 1.01 | 1,094 |
| 2018-08-01 | $307,200 (16.0%) | $474,445 (16.1%) | 1.03 | 1,074 |
| 2018-09-01 | $299,900 (11.8%) | $461,776 (11.3%) | 1.01 | 1,081 |
| 2018-10-01 | $299,900 (10.1%) | $479,059 (12.9%) | 1.02 | 1,071 |
| 2018-11-01 | $299,925 (9.1%) | $489,432 (13.4%) | 1.02 | 1,014 |
| 2018-12-01 | $299,000 (8.8%) | $476,249 (7.7%) | 1.03 | 942 |
| 2019-01-01 | $299,000 (8.8%) | $472,999 (5.0%) | 1.03 | 850 |
| 2019-02-01 | $299,450 (12.1%) | $484,276 (9.1%) | 1.01 | 817 |
| 2019-03-01 | $292,957 (6.6%) | $466,576 (0.3%) | 0.96 | 939 |
| 2019-04-01 | $285,957 (-4.4%) | $437,524 (-13.5%) | 0.91 | 1,136 |
| 2019-05-01 | $287,500 (-4.2%) | $434,373 (-15.2%) | 0.90 | 1,268 |
| 2019-06-01 | $349,000 (13.7%) | $499,640 (0.3%) | 1.09 | 1,010 |
| 2019-07-01 | $343,625 (13.6%) | $489,647 (1.7%) | 1.08 | 1,060 |
| 2019-08-01 | $338,636 (10.2%) | $483,812 (2.0%) | 1.07 | 1,077 |
| 2019-09-01 | $333,216 (11.1%) | $474,368 (2.7%) | 1.07 | 1,103 |
| 2019-10-01 | $329,000 (9.7%) | $466,685 (-2.6%) | 1.06 | 1,110 |
| 2019-11-01 | $324,999 (8.4%) | $466,680 (-4.7%) | 1.07 | 1,055 |
| 2019-12-01 | $324,950 (8.7%) | $466,427 (-2.1%) | 1.08 | 939 |
| 2020-01-01 | $327,000 (9.4%) | $458,638 (-3.0%) | 1.09 | 785 |
| 2020-02-01 | $327,000 (9.2%) | $457,663 (-5.5%) | 1.07 | 738 |
| 2020-03-01 | $344,900 (17.7%) | $473,018 (1.4%) | 1.08 | 791 |
| 2020-04-01 | $348,000 (21.7%) | $487,616 (11.5%) | 1.09 | 767 |
| 2020-05-01 | $349,900 (21.7%) | $498,020 (14.7%) | 1.06 | 707 |
| 2020-06-01 | $357,000 (2.3%) | $503,588 (0.8%) | 1.05 | 677 |
| 2020-07-01 | $362,500 (5.5%) | $508,953 (3.9%) | 1.05 | 743 |
| 2020-08-01 | $375,000 (10.7%) | $535,986 (10.8%) | 1.07 | 765 |
| 2020-09-01 | $384,683 (15.5%) | $534,260 (12.6%) | 1.10 | 818 |
| 2020-10-01 | $399,000 (21.3%) | $562,579 (20.6%) | 1.14 | 806 |
| 2020-11-01 | $400,000 (23.1%) | $589,841 (26.4%) | 1.17 | 707 |
| 2020-12-01 | $401,250 (23.5%) | $592,406 (27.0%) | 1.19 | 633 |
| 2021-01-01 | $409,000 (25.1%) | $600,256 (30.9%) | 1.22 | 542 |
| 2021-02-01 | $409,750 (25.3%) | $609,254 (33.1%) | 1.19 | 458 |
| 2021-03-01 | $405,000 (17.4%) | $616,487 (30.3%) | 1.15 | 429 |
| 2021-04-01 | $410,000 (17.8%) | $623,694 (27.9%) | 1.11 | 428 |
| 2021-05-01 | $399,950 (14.3%) | $606,528 (21.8%) | 1.06 | 469 |
| 2021-06-01 | $417,238 (16.9%) | $620,041 (23.1%) | 1.10 | 503 |
| 2021-07-01 | $434,450 (19.9%) | $654,179 (28.5%) | 1.15 | 536 |
| 2021-08-01 | $438,500 (16.9%) | $658,278 (22.8%) | 1.17 | 581 |
| 2021-09-01 | $427,450 (11.1%) | $664,361 (24.4%) | 1.14 | 601 |
| 2021-10-01 | $409,900 (2.7%) | $675,450 (20.1%) | 1.09 | 598 |
| 2021-11-01 | $412,500 (3.1%) | $670,424 (13.7%) | 1.10 | 547 |
| 2021-12-01 | $425,000 (5.9%) | $686,147 (15.8%) | 1.15 | 454 |
| 2022-01-01 | $439,450 (7.4%) | $715,344 (19.2%) | 1.19 | 366 |
| 2022-02-01 | $452,250 (10.4%) | $763,980 (25.4%) | 1.18 | 287 |
| 2022-03-01 | $449,675 (11.0%) | $713,973 (15.8%) | 1.13 | 286 |
| 2022-04-01 | $449,900 (9.7%) | $701,106 (12.4%) | 1.07 | 308 |
| 2022-05-01 | $454,500 (13.6%) | $687,421 (13.3%) | 1.04 | 374 |
| 2022-06-01 | $499,000 (19.6%) | $750,801 (21.1%) | 1.11 | 518 |
| 2022-07-01 | $499,225 (14.9%) | $743,820 (13.7%) | 1.12 | 615 |
| 2022-08-01 | $499,450 (13.9%) | $752,791 (14.4%) | 1.15 | 632 |
| 2022-09-01 | $499,000 (16.7%) | $744,961 (12.1%) | 1.17 | 632 |
| 2022-10-01 | $490,000 (19.5%) | $723,231 (7.1%) | 1.15 | 633 |
| 2022-11-01 | $499,000 (21.0%) | $726,178 (8.3%) | 1.20 | 607 |
| 2022-12-01 | $489,900 (15.3%) | $720,887 (5.1%) | 1.21 | 535 |
| 2023-01-01 | $468,725 (6.7%) | $676,348 (-5.5%) | 1.16 | 454 |
| 2023-02-01 | $488,000 (7.9%) | $678,094 (-11.2%) | 1.18 | 391 |
| 2023-03-01 | $479,500 (6.6%) | $671,698 (-5.9%) | 1.13 | 374 |
| 2023-04-01 | $499,000 (10.9%) | $751,826 (7.2%) | 1.16 | 397 |
| 2023-05-01 | $528,000 (16.2%) | $742,438 (8.0%) | 1.20 | 453 |
| 2023-06-01 | $569,000 (14.0%) | $782,814 (4.3%) | 1.28 | 486 |
| 2023-07-01 | $572,400 (14.7%) | $784,469 (5.5%) | 1.30 | 534 |
| 2023-08-01 | $557,450 (11.6%) | $779,435 (3.5%) | 1.28 | 558 |
| 2023-09-01 | $574,900 (15.2%) | $800,563 (7.5%) | 1.34 | 613 |
| 2023-10-01 | $562,000 (14.7%) | $801,021 (10.8%) | 1.32 | 603 |
| 2023-11-01 | $549,900 (10.2%) | $790,592 (8.9%) | 1.31 | 611 |
| 2023-12-01 | $575,000 (17.4%) | $824,805 (14.4%) | 1.40 | 488 |
| 2024-01-01 | $558,225 (19.1%) | $814,954 (20.5%) | 1.36 | 402 |
| 2024-02-01 | $557,175 (14.2%) | $813,681 (20.0%) | 1.34 | 398 |
| 2024-03-01 | $547,000 (14.1%) | $825,092 (22.8%) | 1.29 | 390 |
Kingston's median listing price comes in at 129% of the national average.
Kingston's average listing price for 2024-03-01 was $825,092, a difference of $153,394 (22.8%) versus the prior year and $11,411 versus the prior month.
For the 2024-03-01 period, Kingston had 390 MLS listings, a difference of -8 listings (-2%) versus the prior month and 16 listings (4%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Kingston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 121 days | 1,917 sqft |
| 2018-02-01 | 122 days | 1,902 sqft |
| 2018-03-01 | 116 days | 1,920 sqft |
| 2018-04-01 | 86 days | 2,026 sqft |
| 2018-05-01 | 68 days | 2,044 sqft |
| 2018-06-01 | 58 days | 2,036 sqft |
| 2018-07-01 | 66 days | 1,996 sqft |
| 2018-08-01 | 74 days | 1,992 sqft |
| 2018-09-01 | 86 days | 1,957 sqft |
| 2018-10-01 | 87 days | 1,955 sqft |
| 2018-11-01 | 90 days | 2,000 sqft |
| 2018-12-01 | 99 days | 1,977 sqft |
| 2019-01-01 | 107 days | 1,999 sqft |
| 2019-02-01 | 113 days | 1,981 sqft |
| 2019-03-01 | 96 days | 1,906 sqft |
| 2019-04-01 | 73 days | 1,849 sqft |
| 2019-05-01 | 60 days | 1,851 sqft |
| 2019-06-01 | 58 days | 2,036 sqft |
| 2019-07-01 | 63 days | 2,014 sqft |
| 2019-08-01 | 73 days | 1,990 sqft |
| 2019-09-01 | 80 days | 1,968 sqft |
| 2019-10-01 | 86 days | 1,950 sqft |
| 2019-11-01 | 95 days | 1,956 sqft |
| 2019-12-01 | 104 days | 1,960 sqft |
| 2020-01-01 | 116 days | 1,980 sqft |
| 2020-02-01 | 115 days | 2,044 sqft |
| 2020-03-01 | 107 days | 2,051 sqft |
| 2020-04-01 | 91 days | 2,052 sqft |
| 2020-05-01 | 94 days | 2,052 sqft |
| 2020-06-01 | 66 days | 2,045 sqft |
| 2020-07-01 | 38 days | 2,023 sqft |
| 2020-08-01 | 44 days | 2,044 sqft |
| 2020-09-01 | 46 days | 2,023 sqft |
| 2020-10-01 | 52 days | 2,028 sqft |
| 2020-11-01 | 66 days | 2,069 sqft |
| 2020-12-01 | 86 days | 2,048 sqft |
| 2021-01-01 | 100 days | 2,061 sqft |
| 2021-02-01 | 103 days | 2,055 sqft |
| 2021-03-01 | 86 days | 1,993 sqft |
| 2021-04-01 | 64 days | 2,020 sqft |
| 2021-05-01 | 43 days | 1,985 sqft |
| 2021-06-01 | 43 days | 1,990 sqft |
| 2021-07-01 | 51 days | 2,045 sqft |
| 2021-08-01 | 57 days | 2,007 sqft |
| 2021-09-01 | 58 days | 1,969 sqft |
| 2021-10-01 | 66 days | 1,854 sqft |
| 2021-11-01 | 69 days | 1,859 sqft |
| 2021-12-01 | 79 days | 1,824 sqft |
| 2022-01-01 | 101 days | 1,854 sqft |
| 2022-02-01 | 108 days | 1,995 sqft |
| 2022-03-01 | 78 days | 1,924 sqft |
| 2022-04-01 | 40 days | 1,900 sqft |
| 2022-05-01 | 38 days | 1,892 sqft |
| 2022-06-01 | 35 days | 1,906 sqft |
| 2022-07-01 | 43 days | 1,980 sqft |
| 2022-08-01 | 57 days | 2,019 sqft |
| 2022-09-01 | 66 days | 2,020 sqft |
| 2022-10-01 | 67 days | 2,000 sqft |
| 2022-11-01 | 77 days | 2,054 sqft |
| 2022-12-01 | 87 days | 2,027 sqft |
| 2023-01-01 | 99 days | 1,965 sqft |
| 2023-02-01 | 106 days | 2,014 sqft |
| 2023-03-01 | 108 days | 2,020 sqft |
| 2023-04-01 | 59 days | 2,024 sqft |
| 2023-05-01 | 46 days | 2,005 sqft |
| 2023-06-01 | 45 days | 2,057 sqft |
| 2023-07-01 | 51 days | 2,059 sqft |
| 2023-08-01 | 59 days | 2,047 sqft |
| 2023-09-01 | 66 days | 2,051 sqft |
| 2023-10-01 | 65 days | 2,013 sqft |
| 2023-11-01 | 69 days | 1,998 sqft |
| 2023-12-01 | 79 days | 2,028 sqft |
| 2024-01-01 | 92 days | 2,044 sqft |
| 2024-02-01 | 95 days | 2,008 sqft |
| 2024-03-01 | 72 days | 1,960 sqft |
Kingston's median square footage for active listings during the 2024-03-01 period was 1,960 sqft. One year prior, the average listing was 2,020 sqft.