Miami VA Loan Rates, Closing Costs & Stats

Miami-Fort Lauderdale-Pompano Beach, FL

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    • 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.

    Miami's 167 lenders originated 2,264 VA loans during 2023. The total origination value was $1,111,950,000, with an average VA loan value of $491,144.

    Miami VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Miami averaged 6.7% for the week of 2025-03-21, compared to the national average (all VA variants) of 6.179% for the same period.

    Miami's average VA mortgage closing costs are $8,246.

    The average rate for the prior week (2025-03-14) was 6.69% and one month ago for the week of 2025-02-14, the average rate was 6.54%.

    The average rate one year ago was 6.67%.

    For refis of the same type during the week of 2025-03-21, the average rate was 6.69%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Miami 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 Miami level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 349 6.30% $13,345
    Mortgage Research Center, LLC 285 6.59% $11,639
    QUICKEN LOANS, LLC 159 6.02% $15,552
    EAGLE HOME MORTGAGE, LLC 127 5.35% $8,429
    NAVY FEDERAL CREDIT UNION 96 5.80% $8,998
    FREEDOM MORTGAGE CORPORATION 72 6.40% $17,925
    CROSSCOUNTRY MORTGAGE, LLC 67 6.58% $13,570
    LOANDEPOT.COM, LLC 64 5.79% $18,193
    PENNYMAC LOAN SERVICES, LLC 41 5.89% $16,736
    USAA Federal Savings Bank 39 6.24% $16,081
    Paramount Residential Mortgage Group, Inc. 38 6.63% $16,815
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 35 6.49% $12,076
    NEWREZ LLC 32 6.41% $12,114
    NEW DAY FINANCIAL, LLC 32 7.46% $17,667
    CARDINAL FINANCIAL 28 6.49% $16,699
    Mr. Cooper ( Nationstar Mortgage ) 26 5.79% $20,718
    FBC MORTGAGE, LLC 24 6.09% $11,684
    EVERETT FINANCIAL, INC. 24 6.60% $13,375
    GUARANTEED RATE, INC. 23 6.32% $12,820
    The Federal Savings Bank 22 6.48% $17,882
    VILLAGE CAPITAL MORTGAGE 21 6.32% $13,933
    PULTE MORTGAGE LLC 20 5.90% $7,976
    AMERICAN PACIFIC MORTGAGE CORPORATION 17 6.49% $15,553
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 17 6.40% $11,983
    AMERICAN FINANCIAL NETWORK, INC. 14 6.77% $15,836
    Plains Commerce Bank 13 6.01% $12,934
    AMERISAVE MORTGAGE CORPORATION 13 5.76% $19,494
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 13 6.29% $12,614
    MOVEMENT MORTGAGE, LLC 12 6.33% $12,730
    PENTAGON FEDERAL CREDIT UNION 12 5.53% $10,816
    DHI MORTGAGE COMPANY, LTD. 11 5.42% $9,550
    BROKER SOLUTIONS, INC. 11 6.25% $16,877
    Barrington Bank & Trust Company, N.A. 11 6.76% $13,238
    NBKC BANK 10 5.71% $10,089
    CMG MORTGAGE, INC. 10 6.06% $21,884
    Equity Prime Mortgage LLC 10 6.86% $13,628
    MUTUAL OF OMAHA MORTGAGE, INC. 10 6.00% $16,374
    GUARANTEED RATE AFFINITY, LLC 9 6.34% $14,212
    JPMorgan Chase Bank 8 6.23% $6,974
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 8 6.41% $16,076
    BNC National Bank 8 5.42% $8,624
    Flagstar Bank, FSB 8 6.25% $23,992
    Wells Fargo Bank 7 5.50% $9,994
    Mid-Continent Funding, Inc. 7 5.75% $18,313
    PRIMARY RESIDENTIAL MORTGAGE, INC. 7 6.95% $16,678
    PRIMELENDING, A PLAINSCAPITAL COMPANY 7 6.62% $16,465
    THE MORTGAGE FIRM, INC. 7 6.79% $11,801
    Century Mortgage Company DBA Century Lending Company 7 6.03% $14,253
    NETWORK CAPITAL FUNDING CORPORATION 7 5.84% $18,786
    PLAZA HOME MORTGAGE, INC. 7 6.38% $20,670
    HOMESIDE FINANCIAL, LLC 7 6.64% $19,522
    NVR Mortgage Finance, Inc. 7 5.57% $19,494
    SUN WEST MORTGAGE COMPANY, INC. 6 6.27% $25,328
    NFM, INC. 6 6.29% $16,502
    Armed Forces Bank 6 5.90% $13,928
    NATIONWIDE MORTGAGE BANKERS, INC. 6 6.94% $17,915
    GENEVA FINANCIAL, LLC 6 6.71% $24,166
    MORTGAGE SOLUTIONS OF COLORADO, LLC 6 7.58% $13,654
    MY MORTGAGE, INC. 5 7.28% $12,357
    HOMEBRIDGE FINANCIAL SERVICES, INC. 5 6.33% $15,896
    PREMIA MORTGAGE, LLC 5 5.58% $7,057
    PANORAMA MORTGAGE GROUP, LLC 5 6.58% $18,517
    PLANET HOME LENDING, LLC 5 5.20% $13,736
    Waterstone Mortgage Corporation 4 6.03% $22,988
    Commerce Home Mortgage, Inc. 4 6.34% $9,808
    T2 FINANCIAL LLC 4 6.84% $12,147
    POINT Mortgage 4 6.84% $15,452
    Citizens Bank 4 6.13% $20,635
    Sierra Pacific Mortgage Company, Inc. 4 6.31% $14,980
    BAY EQUITY LLC 4 6.44% $9,196
    U.S. Bank 4 6.19% $13,298
    LOANPAL, LLC 3 6.08% $13,327
    AMCAP MORTGAGE, LTD. 3 6.96% $22,482
    CALIBER HOME LOANS, INC. 3 6.13% $18,968
    EMM LOANS LLC 3 6.00% $15,074
    FIRST EQUITY MORTGAGE BANKERS, INC. 3 6.29% $10,664
    Ixonia Bank 3 6.50% $21,037
    MICHIGAN MUTUAL, INC. 3 6.46% $9,192
    Nations Lending Corporation 3 6.88% $25,227
    Northpointe Bank 3 6.25% $35,505
    NP, Inc. 3 6.62% $12,031
    PHH Mortgage Corporation 3 7.04% $8,331
    RADIUS FINANCIAL GROUP INC. 3 6.12% $10,281
    Regions Bank 3 6.04% $12,508
    RELIANCE FIRST CAPITAL, LLC 3 7.00% $11,521
    Strong Home Mortgage, LLC 3 5.25% $17,449
    SWBC MORTGAGE CORPORATION 3 6.33% $10,308
    VAN DYK MORTGAGE CORPORATION 3 6.54% $11,930
    VERITAS FUNDING, LLC 3 5.88% $21,571
    SUCCESS MORTGAGE PARTNERS, INC. 2 7.31% $27,776
    Cornerstone First Mortgage, Inc 2 7.18% $20,107
    BANKING MORTGAGE SERVICES, B.M.S. CORP. 2 6.81% $22,881
    MILEND, INC. 2 6.13% $16,988
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 2 6.88% $15,042
    TBI MORTGAGE COMPANY 2 6.06% $18,345
    AMERICAN BANCSHARES MORTGAGE 2 6.13% $17,689
    The Central Trust Bank 2 5.75% $13,157
    Community First National Bank 2 6.50% $4,957
    US MORTGAGE CORPORATION 2 6.69% $20,963
    American Mortgage & Equity Consultants, Inc. 2 6.00% $8,817
    TJC Mortgage, Inc. 2 6.94% $19,085
    TOWNE MORTGAGE COMPANY 2 6.06% $13,892
    Truist 2 6.50% $10,443
    J. VIRGIL, INC. 2 6.44% $6,935
    AMERICAN FINANCIAL RESOURCES, INC. 2 7.00% $19,167
    Lakeview Community Capital, LLC 2 6.00% $15,774
    Seacoast National Bank 2 7.25% $11,576
    HOMESPIRE MORTGAGE CORPORATION 2 7.25% $18,224
    HOME FINANCING CENTER, INC. 2 7.63% $20,104
    Shamrock Home Loans, Inc. 2 5.75% $4,374
    Franklin Loan Corporation 2 6.38% $27,677
    Premium Mortgage Corporation 2 5.88% $12,457
    DAS Acquisition Company, LLC 2 6.69% $9,915
    ABSOLUTE HOME MORTGAGE CORPORATION 2 6.56% $16,752
    Bell Bank 1 6.75% $9,055
    BAYSHORE MORTGAGE FUNDING, LLC 1 6.75% $38,020
    Atlantic Coast Mortgage, LLC 1 5.75% $8,471
    Alcova Mortgage LLC 1 7.63% $5,880
    READY MORTGAGE LENDERS, LLC 1 7.25% $6,195
    ACADEMY MORTGAGE CORPORATION 1 5.75% $12,904
    RESIDENTIAL BANCORP 1 5.75% $28,701
    Sandy Spring Bank 1 5.75% $7,065
    SECURITYNATIONAL MORTGAGE COMPANY 1 5.25% $25,404
    AmeriHome Mortgage Company, LLC 1 5.13% $7,653
    SIRVA MORTGAGE, INC. 1 6.75% $30,983
    Stifel Bank and Trust 1 5.63% $5,857
    SUMMIT FUNDING, INC. 1 6.25% $20,140
    American Security Mortgage Corp. 1 5.75% $32,853
    ACOPIA, LLC 1 5.75% $19,857
    TD Bank 1 7.00% $4,147
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.63% $9,069
    The Loan Store, Inc. 1 6.88% $16,675
    TOP FLITE FINANCIAL, INC. 1 6.75% $45,017
    Hometown Equity Mortgage, LLC 1 5.25% $82,043
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 1 5.63% $6,071
    LAKEVIEW LOAN SERVICING, LLC 1 5.75% $20,554
    1ST FINANCIAL, INC. 1 7.50% $4,374
    MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 1 5.75% $17,724
    Meridian Bank Corporation 1 7.00% $5,308
    Towne Bank 1 6.00% $20,019
    MID AMERICA MORTGAGE, INC. 1 5.38% $6,929
    MID-ISLAND MORTGAGE CORP. 1 5.75% $7,386
    HomePromise Corporation 1 7.63% $1,175
    Mid Penn Bank 1 6.38% $32,423
    MORTGAGEONE, INC. 1 6.88% $14,180
    GUILD MORTGAGE COMPANY 1 6.63% $19,627
    GARDNER FINANCIAL SERVICES, LTD. 1 7.13% $18,976
    M&T Bank 1 7.25% $5,622
    First United Bank and Trust Company 1 6.38% $10,021
    FIRST MORTGAGE COMPANY, INC. 1 6.38% $11,791
    NATIONS DIRECT MORTGAGE, LLC 1 5.99% $35,697
    FIRST HOME MORTGAGE CORPORATION 1 6.25% $18,409
    First Heritage Mortgage, LLC 1 6.63% $20,390
    FIRST COMMUNITY MORTGAGE, INC. 1 5.75% $4,498
    FIRST ALLIANCE HOME MORTGAGE, LLC 1 6.25% $23,504
    Fifth Third Bank 1 5.88% $6,832
    EMBRACE HOME LOANS, INC. 1 5.63% $15,251
    NexBank 1 6.25% $20,569
    East Coast Capital Corp. 1 7.75% $14,535
    DRAPER AND KRAMER MORTGAGE CORP. 1 5.63% $15,398
    DG PINNACLE FUNDING LLC 1 7.25% $10,952
    CONTOUR MORTGAGE CORPORATION 1 7.25% $14,879
    City National Bank of Florida 1 6.38% $16,711
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 7.00% $17,091
    PNC Bank 1 6.75% $9,408
    Carrington Mortgage Services, LLC 1 6.13% $8,427
    BRIGHTSTAR 1 6.63% $4,668

    The top Miami VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 349 VA loans originated. Their average total fees are $13,345, which is $1,707 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Miami VA lenders (with over 10 loans originated) are PULTE MORTGAGE LLC ($7,976), EAGLE HOME MORTGAGE, LLC ($8,429), NAVY FEDERAL CREDIT UNION ($8,998), DHI MORTGAGE COMPANY, LTD. ($9,550) and NBKC BANK ($10,089).

    The lowest rate Miami VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (5.35%), DHI MORTGAGE COMPANY, LTD. (5.42%), PENTAGON FEDERAL CREDIT UNION (5.53%), NBKC BANK (5.71%) and AMERISAVE MORTGAGE CORPORATION (5.76%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Miami (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 $390,000 (4.0%) $877,914 (3.0%) 1.45 46,965
    2018-02-01 $389,950 (3.4%) $876,078 (2.7%) 1.42 48,001
    2018-03-01 $394,900 (3.3%) $877,390 (2.1%) 1.39 48,472
    2018-04-01 $397,250 (3.2%) $878,636 (1.5%) 1.35 48,104
    2018-05-01 $399,000 (2.7%) $878,088 (0.5%) 1.33 47,080
    2018-06-01 $399,000 (3.2%) $876,987 (1.6%) 1.33 46,265
    2018-07-01 $399,000 (2.3%) $872,124 (1.4%) 1.33 45,955
    2018-08-01 $398,750 (2.0%) $864,479 (0.1%) 1.34 45,634
    2018-09-01 $397,500 (1.9%) $863,007 (-0.7%) 1.34 46,079
    2018-10-01 $395,000 (1.4%) $865,304 (0.5%) 1.34 47,542
    2018-11-01 $395,000 (1.3%) $870,084 (0.6%) 1.34 49,388
    2018-12-01 $390,000 (0.0%) $876,936 (1.0%) 1.35 50,362
    2019-01-01 $390,000 (0.0%) $877,276 (-0.1%) 1.35 51,140
    2019-02-01 $390,000 (0.0%) $880,133 (0.5%) 1.32 52,899
    2019-03-01 $393,857 (-0.3%) $880,812 (0.4%) 1.29 52,213
    2019-04-01 $399,000 (0.4%) $886,067 (0.9%) 1.27 50,841
    2019-05-01 $399,900 (0.2%) $894,511 (1.9%) 1.25 49,416
    2019-06-01 $399,995 (0.3%) $888,843 (1.4%) 1.25 47,728
    2019-07-01 $400,000 (0.3%) $884,072 (1.4%) 1.25 46,164
    2019-08-01 $399,727 (0.3%) $881,485 (2.0%) 1.27 45,590
    2019-09-01 $399,318 (0.5%) $884,201 (2.5%) 1.28 45,053
    2019-10-01 $399,295 (1.1%) $890,712 (2.9%) 1.29 44,973
    2019-11-01 $399,900 (1.2%) $914,819 (5.1%) 1.31 45,821
    2019-12-01 $399,900 (2.5%) $928,944 (5.9%) 1.33 45,645
    2020-01-01 $399,125 (2.3%) $936,957 (6.8%) 1.33 44,974
    2020-02-01 $399,900 (2.5%) $942,032 (7.0%) 1.31 45,472
    2020-03-01 $399,950 (1.6%) $943,073 (7.1%) 1.25 45,268
    2020-04-01 $395,000 (-1.0%) $909,506 (2.7%) 1.24 44,431
    2020-05-01 $390,000 (-2.5%) $914,368 (2.2%) 1.19 43,837
    2020-06-01 $399,000 (-0.3%) $928,949 (4.5%) 1.18 42,715
    2020-07-01 $399,450 (-0.1%) $951,341 (7.6%) 1.16 40,287
    2020-08-01 $399,900 (0.0%) $962,154 (9.2%) 1.15 39,107
    2020-09-01 $400,000 (0.2%) $977,464 (10.6%) 1.15 38,035
    2020-10-01 $405,000 (1.4%) $988,909 (11.0%) 1.16 37,485
    2020-11-01 $400,000 (0.0%) $988,818 (8.1%) 1.17 37,077
    2020-12-01 $399,999 (0.0%) $994,325 (7.0%) 1.19 35,995
    2021-01-01 $399,000 (0.0%) $985,980 (5.2%) 1.19 33,468
    2021-02-01 $396,000 (-1.0%) $1,001,301 (6.3%) 1.15 30,512
    2021-03-01 $398,750 (-0.3%) $1,025,276 (8.7%) 1.13 26,860
    2021-04-01 $412,000 (4.3%) $1,061,309 (16.7%) 1.12 24,099
    2021-05-01 $429,000 (10.0%) $1,116,370 (22.1%) 1.14 21,800
    2021-06-01 $449,000 (12.5%) $1,163,849 (25.3%) 1.18 20,633
    2021-07-01 $455,500 (14.0%) $1,159,295 (21.9%) 1.20 20,962
    2021-08-01 $459,500 (14.9%) $1,176,863 (22.3%) 1.23 20,831
    2021-09-01 $467,450 (16.9%) $1,207,975 (23.6%) 1.25 20,298
    2021-10-01 $479,850 (18.5%) $1,260,576 (27.5%) 1.28 19,457
    2021-11-01 $482,500 (20.6%) $1,304,727 (32.0%) 1.29 18,303
    2021-12-01 $492,000 (23.0%) $1,343,447 (35.1%) 1.33 17,026
    2022-01-01 $495,000 (24.1%) $1,399,438 (41.9%) 1.34 15,400
    2022-02-01 $522,450 (31.9%) $1,501,636 (50.0%) 1.36 13,563
    2022-03-01 $544,500 (36.6%) $1,566,457 (52.8%) 1.36 13,063
    2022-04-01 $577,500 (40.2%) $1,616,114 (52.3%) 1.38 12,825
    2022-05-01 $622,000 (45.0%) $1,623,239 (45.4%) 1.42 14,723
    2022-06-01 $625,000 (39.2%) $1,531,062 (31.6%) 1.39 17,323
    2022-07-01 $620,000 (36.1%) $1,432,579 (23.6%) 1.40 21,070
    2022-08-01 $604,250 (31.5%) $1,406,924 (19.6%) 1.40 22,462
    2022-09-01 $599,000 (28.1%) $1,393,945 (15.4%) 1.40 22,559
    2022-10-01 $599,000 (24.8%) $1,407,112 (11.6%) 1.41 23,833
    2022-11-01 $599,000 (24.2%) $1,431,246 (9.7%) 1.44 25,517
    2022-12-01 $595,000 (20.9%) $1,461,330 (8.8%) 1.47 25,912
    2023-01-01 $595,000 (20.2%) $1,473,889 (5.3%) 1.47 25,919
    2023-02-01 $599,000 (14.7%) $1,503,920 (0.2%) 1.45 25,462
    2023-03-01 $599,444 (10.1%) $1,521,207 (-2.9%) 1.41 24,536
    2023-04-01 $605,000 (4.8%) $1,570,111 (-2.9%) 1.41 23,340
    2023-05-01 $607,598 (-2.3%) $1,579,899 (-2.7%) 1.38 22,854
    2023-06-01 $604,848 (-3.2%) $1,548,211 (1.1%) 1.36 22,583
    2023-07-01 $600,995 (-3.1%) $1,497,098 (4.5%) 1.37 22,403
    2023-08-01 $600,000 (-0.7%) $1,468,712 (4.4%) 1.38 22,488
    2023-09-01 $599,000 (0.0%) $1,445,209 (3.7%) 1.39 24,077
    2023-10-01 $598,500 (-0.1%) $1,453,940 (3.3%) 1.41 26,415
    2023-11-01 $594,973 (-0.7%) $1,473,539 (3.0%) 1.42 29,158
    2023-12-01 $579,900 (-2.5%) $1,467,078 (0.4%) 1.41 30,835
    2024-01-01 $564,500 (-5.1%) $1,460,653 (-0.9%) 1.38 32,515
    2024-02-01 $550,000 (-8.2%) $1,417,762 (-5.7%) 1.32 34,971
    2024-03-01 $549,000 (-8.4%) $1,373,035 (-9.7%) 1.29 36,367
    2024-04-01 $540,000 (-10.7%) $1,335,206 (-15.0%) 1.26 36,956
    2024-05-01 $539,450 (-11.2%) $1,319,018 (-16.5%) 1.23 37,421
    2024-06-01 $535,000 (-11.6%) $1,260,339 (-18.6%) 1.22 37,870
    2024-07-01 $535,000 (-11.0%) $1,229,123 (-17.9%) 1.22 38,455
    2024-08-01 $530,000 (-11.7%) $1,208,363 (-17.7%) 1.23 38,724
    2024-09-01 $525,000 (-12.4%) $1,209,341 (-16.3%) 1.24 40,430
    2024-10-01 $525,000 (-12.3%) $1,221,196 (-16.0%) 1.24 41,517
    2024-11-01 $525,000 (-11.8%) $1,247,485 (-15.3%) 1.26 44,007
    2024-12-01 $522,500 (-9.9%) $1,268,493 (-13.5%) 1.30 44,833
    2025-01-01 $520,000 (-7.9%) $1,273,716 (-12.8%) 1.30 45,792
    2025-02-01 $515,000 (-6.4%) $1,264,377 (-10.8%) 1.25 48,691
    Miami's median listing price for 2025-02-01 was $515,000, a difference of $-35,000 (-6.4%) versus the prior year and $-5,000 versus the prior month.

    Miami's median listing price comes in at 125% of the national average.

    Miami's average listing price for 2025-02-01 was $1,264,377, a difference of $-153,385 (-10.8%) versus the prior year and $-9,339 versus the prior month.

    For the 2025-02-01 period, Miami had 48,691 MLS listings, a difference of 2,899 listings (6%) versus the prior month and 13,720 listings (39%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Miami (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 81 days 1,498 sqft
    2018-02-01 78 days 1,499 sqft
    2018-03-01 72 days 1,500 sqft
    2018-04-01 74 days 1,501 sqft
    2018-05-01 76 days 1,506 sqft
    2018-06-01 79 days 1,515 sqft
    2018-07-01 80 days 1,516 sqft
    2018-08-01 81 days 1,513 sqft
    2018-09-01 81 days 1,510 sqft
    2018-10-01 78 days 1,507 sqft
    2018-11-01 75 days 1,510 sqft
    2018-12-01 79 days 1,507 sqft
    2019-01-01 83 days 1,505 sqft
    2019-02-01 81 days 1,507 sqft
    2019-03-01 79 days 1,512 sqft
    2019-04-01 78 days 1,520 sqft
    2019-05-01 81 days 1,525 sqft
    2019-06-01 85 days 1,527 sqft
    2019-07-01 86 days 1,530 sqft
    2019-08-01 86 days 1,524 sqft
    2019-09-01 86 days 1,515 sqft
    2019-10-01 85 days 1,509 sqft
    2019-11-01 81 days 1,507 sqft
    2019-12-01 84 days 1,500 sqft
    2020-01-01 87 days 1,499 sqft
    2020-02-01 82 days 1,488 sqft
    2020-03-01 74 days 1,485 sqft
    2020-04-01 82 days 1,462 sqft
    2020-05-01 94 days 1,450 sqft
    2020-06-01 103 days 1,437 sqft
    2020-07-01 96 days 1,407 sqft
    2020-08-01 82 days 1,389 sqft
    2020-09-01 81 days 1,381 sqft
    2020-10-01 81 days 1,376 sqft
    2020-11-01 79 days 1,367 sqft
    2020-12-01 81 days 1,357 sqft
    2021-01-01 83 days 1,334 sqft
    2021-02-01 75 days 1,303 sqft
    2021-03-01 64 days 1,293 sqft
    2021-04-01 60 days 1,297 sqft
    2021-05-01 56 days 1,312 sqft
    2021-06-01 53 days 1,341 sqft
    2021-07-01 52 days 1,361 sqft
    2021-08-01 53 days 1,365 sqft
    2021-09-01 54 days 1,368 sqft
    2021-10-01 55 days 1,376 sqft
    2021-11-01 56 days 1,376 sqft
    2021-12-01 58 days 1,366 sqft
    2022-01-01 61 days 1,356 sqft
    2022-02-01 48 days 1,363 sqft
    2022-03-01 40 days 1,387 sqft
    2022-04-01 40 days 1,435 sqft
    2022-05-01 36 days 1,489 sqft
    2022-06-01 37 days 1,500 sqft
    2022-07-01 40 days 1,512 sqft
    2022-08-01 49 days 1,513 sqft
    2022-09-01 57 days 1,513 sqft
    2022-10-01 60 days 1,518 sqft
    2022-11-01 61 days 1,516 sqft
    2022-12-01 66 days 1,500 sqft
    2023-01-01 72 days 1,488 sqft
    2023-02-01 67 days 1,472 sqft
    2023-03-01 60 days 1,460 sqft
    2023-04-01 63 days 1,453 sqft
    2023-05-01 63 days 1,442 sqft
    2023-06-01 62 days 1,442 sqft
    2023-07-01 64 days 1,435 sqft
    2023-08-01 62 days 1,427 sqft
    2023-09-01 58 days 1,418 sqft
    2023-10-01 56 days 1,423 sqft
    2023-11-01 57 days 1,426 sqft
    2023-12-01 61 days 1,407 sqft
    2024-01-01 68 days 1,394 sqft
    2024-02-01 62 days 1,376 sqft
    2024-03-01 58 days 1,363 sqft
    2024-04-01 64 days 1,353 sqft
    2024-05-01 65 days 1,348 sqft
    2024-06-01 68 days 1,348 sqft
    2024-07-01 73 days 1,344 sqft
    2024-08-01 74 days 1,340 sqft
    2024-09-01 73 days 1,335 sqft
    2024-10-01 74 days 1,336 sqft
    2024-11-01 74 days 1,345 sqft
    2024-12-01 79 days 1,333 sqft
    2025-01-01 79 days 1,331 sqft
    2025-02-01 74 days 1,332 sqft
    Miami's median listing age (time on market) for 2025-02-01 was 74 days. This is 19% longer than the same period one year ago.

    Miami's median square footage for active listings during the 2025-02-01 period was 1,332 sqft. One year prior, the average listing was 1,376 sqft.

    VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.