Mount Sterling VA Loan Rates, Closing Costs & Stats
Mount Sterling, KY
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.
Mount Sterling's 24 lenders originated 59 VA loans during 2023. The total origination value was $13,015,000, with an average VA loan value of $220,593.
Mount Sterling VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Mount Sterling
averaged
0.05%
for the week of 2024-11-29, compared to the national average (all VA variants) of
0% for the same period.
Mount Sterling's average VA mortgage closing costs are $4,892.
The average rate for the prior week (2024-11-22) was
6.72% and
one month ago for the week of 2024-10-25, the
average rate was 6.61%.
The average rate one year ago was 7.06%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0.2%.
Mount Sterling 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 Mount Sterling level.
The top Mount Sterling VA lender as defined by loan originations is Mortgage Research Center, LLC, with
19 VA loans originated. Their average total fees are
$5,121, which is $2,163
lower than the next largest lender,
Republic State Mortgage Co..
The lowest fee Mount Sterling VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($5,121), .
The lowest rate Mount Sterling VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC (6.72%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Mount Sterling (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 | $125,700 (-6.9%) | $153,493 (-5.3%) | 0.00 | 148 |
2018-02-01 | $124,425 (-5.0%) | $149,318 (-7.0%) | 0.00 | 144 |
2018-03-01 | $124,900 (-7.7%) | $147,516 (-8.4%) | 0.00 | 150 |
2018-04-01 | $132,250 (-4.7%) | $154,668 (-7.4%) | 0.00 | 146 |
2018-05-01 | $142,449 (3.3%) | $158,037 (-5.8%) | 0.00 | 141 |
2018-06-01 | $149,000 (14.8%) | $160,215 (-0.5%) | 0.00 | 151 |
2018-07-01 | $148,500 (18.9%) | $166,408 (9.6%) | 0.00 | 161 |
2018-08-01 | $149,800 (23.9%) | $171,573 (15.5%) | 0.00 | 149 |
2018-09-01 | $149,900 (24.9%) | $172,147 (14.2%) | 0.00 | 155 |
2018-10-01 | $149,900 (20.0%) | $168,094 (9.1%) | 0.00 | 158 |
2018-11-01 | $148,500 (12.9%) | $171,059 (8.0%) | 0.00 | 145 |
2018-12-01 | $149,900 (18.0%) | $172,199 (10.8%) | 0.00 | 149 |
2019-01-01 | $145,000 (15.4%) | $168,584 (9.8%) | 0.00 | 134 |
2019-02-01 | $157,950 (26.9%) | $176,586 (18.3%) | 0.00 | 130 |
2019-03-01 | $159,214 (27.5%) | $184,772 (25.3%) | 0.00 | 130 |
2019-04-01 | $152,964 (15.7%) | $185,386 (19.9%) | 0.00 | 133 |
2019-05-01 | $145,000 (1.8%) | $185,438 (17.3%) | 0.00 | 144 |
2019-06-01 | $144,000 (-3.4%) | $181,729 (13.4%) | 0.00 | 147 |
2019-07-01 | $144,500 (-2.7%) | $179,006 (7.6%) | 0.00 | 146 |
2019-08-01 | $148,564 (-0.8%) | $184,186 (7.4%) | 0.00 | 140 |
2019-09-01 | $146,559 (-2.2%) | $179,382 (4.2%) | 0.00 | 138 |
2019-10-01 | $147,673 (-1.5%) | $177,007 (5.3%) | 0.00 | 137 |
2019-11-01 | $152,500 (2.7%) | $176,821 (3.4%) | 0.00 | 124 |
2019-12-01 | $146,750 (-2.1%) | $171,738 (-0.3%) | 0.00 | 112 |
2020-01-01 | $149,700 (3.2%) | $177,367 (5.2%) | 0.00 | 107 |
2020-02-01 | $152,450 (-3.5%) | $181,015 (2.5%) | 0.00 | 105 |
2020-03-01 | $143,250 (-10.0%) | $178,945 (-3.2%) | 0.00 | 108 |
2020-04-01 | $146,175 (-4.4%) | $184,298 (-0.6%) | 0.00 | 98 |
2020-05-01 | $140,450 (-3.1%) | $188,682 (1.8%) | 0.00 | 79 |
2020-06-01 | $151,850 (5.5%) | $202,494 (11.4%) | 0.00 | 74 |
2020-07-01 | $143,450 (-0.7%) | $196,947 (10.0%) | 0.00 | 74 |
2020-08-01 | $149,900 (0.9%) | $211,987 (15.1%) | 0.00 | 67 |
2020-09-01 | $167,000 (14.0%) | $223,630 (24.7%) | 0.00 | 76 |
2020-10-01 | $176,000 (19.2%) | $236,026 (33.3%) | 0.00 | 72 |
2020-11-01 | $181,250 (18.9%) | $238,689 (35.0%) | 0.00 | 61 |
2020-12-01 | $197,750 (34.8%) | $244,205 (42.2%) | 0.00 | 47 |
2021-01-01 | $204,950 (36.9%) | $263,090 (48.3%) | 0.00 | 46 |
2021-02-01 | $189,950 (24.6%) | $273,257 (51.0%) | 0.00 | 44 |
2021-03-01 | $198,225 (38.4%) | $273,991 (53.1%) | 0.00 | 40 |
2021-04-01 | $190,000 (30.0%) | $265,706 (44.2%) | 0.00 | 37 |
2021-05-01 | $177,000 (26.0%) | $278,833 (47.8%) | 0.00 | 34 |
2021-06-01 | $182,425 (20.1%) | $279,407 (38.0%) | 0.00 | 38 |
2021-07-01 | $202,450 (41.1%) | $286,019 (45.2%) | 0.00 | 47 |
2021-08-01 | $227,225 (51.6%) | $278,313 (31.3%) | 0.00 | 55 |
2021-09-01 | $207,250 (24.1%) | $255,661 (14.3%) | 0.00 | 68 |
2021-10-01 | $196,500 (11.7%) | $246,172 (4.3%) | 0.00 | 69 |
2021-11-01 | $223,500 (23.3%) | $262,329 (9.9%) | 0.00 | 70 |
2021-12-01 | $224,725 (13.6%) | $260,020 (6.5%) | 0.00 | 63 |
2022-01-01 | $207,250 (1.1%) | $246,776 (-6.2%) | 0.00 | 53 |
2022-02-01 | $215,475 (13.4%) | $244,137 (-10.7%) | 0.00 | 38 |
2022-03-01 | $232,500 (17.3%) | $252,248 (-7.9%) | 0.00 | 39 |
2022-04-01 | $222,500 (17.1%) | $247,896 (-6.7%) | 0.00 | 51 |
2022-05-01 | $227,450 (28.5%) | $243,157 (-12.8%) | 0.00 | 64 |
2022-06-01 | $224,975 (23.3%) | $263,545 (-5.7%) | 0.00 | 76 |
2022-07-01 | $219,000 (8.2%) | $261,455 (-8.6%) | 0.00 | 91 |
2022-08-01 | $225,000 (-1.0%) | $293,352 (5.4%) | 0.00 | 93 |
2022-09-01 | $226,225 (9.2%) | $292,795 (14.5%) | 0.00 | 93 |
2022-10-01 | $230,000 (17.1%) | $293,620 (19.3%) | 0.00 | 89 |
2022-11-01 | $213,350 (-4.5%) | $299,073 (14.0%) | 0.00 | 86 |
2022-12-01 | $220,000 (-2.1%) | $299,107 (15.0%) | 0.00 | 81 |
2023-01-01 | $224,750 (8.4%) | $307,006 (24.4%) | 0.00 | 82 |
2023-02-01 | $236,000 (9.5%) | $319,307 (30.8%) | 0.00 | 73 |
2023-03-01 | $249,500 (7.3%) | $366,582 (45.3%) | 0.00 | 58 |
2023-04-01 | $249,700 (12.2%) | $352,320 (42.1%) | 0.00 | 62 |
2023-05-01 | $249,500 (9.7%) | $332,625 (36.8%) | 0.00 | 68 |
2023-06-01 | $240,225 (6.8%) | $320,394 (21.6%) | 0.00 | 69 |
2023-07-01 | $214,900 (-1.9%) | $311,530 (19.2%) | 0.00 | 75 |
2023-08-01 | $204,950 (-8.9%) | $293,654 (0.1%) | 0.00 | 92 |
2023-09-01 | $217,450 (-3.9%) | $277,098 (-5.4%) | 0.00 | 93 |
2023-10-01 | $240,225 (4.5%) | $283,765 (-3.4%) | 0.00 | 111 |
2023-11-01 | $235,000 (10.2%) | $284,214 (-5.0%) | 0.00 | 121 |
2023-12-01 | $237,000 (7.7%) | $283,968 (-5.1%) | 0.00 | 119 |
2024-01-01 | $243,700 (8.4%) | $289,423 (-5.7%) | 0.00 | 103 |
2024-02-01 | $245,000 (3.8%) | $295,226 (-7.5%) | 0.00 | 110 |
2024-03-01 | $235,000 (-5.8%) | $290,997 (-20.6%) | 0.00 | 102 |
2024-04-01 | $243,675 (-2.4%) | $296,606 (-15.8%) | 0.00 | 99 |
2024-05-01 | $265,225 (6.3%) | $329,716 (-0.9%) | 0.00 | 107 |
2024-06-01 | $250,000 (4.1%) | $317,828 (-0.8%) | 0.00 | 109 |
2024-07-01 | $242,500 (12.8%) | $306,910 (-1.5%) | 0.00 | 133 |
2024-08-01 | $242,500 (18.3%) | $315,608 (7.5%) | 0.00 | 130 |
2024-09-01 | $239,900 (10.3%) | $298,359 (7.7%) | 0.00 | 145 |
2024-10-01 | $246,250 (2.5%) | $294,527 (3.8%) | 0.00 | 160 |
Mount Sterling's median listing price comes in at 0% of the national average.
Mount Sterling's average listing price for 2024-10-01 was $294,527, a difference of $10,762 (3.8%) versus the prior year and $-3,832 versus the prior month.
For the 2024-10-01 period, Mount Sterling had 160 MLS listings, a difference of 15 listings (10%) versus the prior month and 49 listings (44%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Mount Sterling (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,463 sqft |
2018-02-01 | 0 days | 1,501 sqft |
2018-03-01 | 0 days | 1,560 sqft |
2018-04-01 | 0 days | 1,596 sqft |
2018-05-01 | 0 days | 1,600 sqft |
2018-06-01 | 0 days | 1,600 sqft |
2018-07-01 | 0 days | 1,627 sqft |
2018-08-01 | 0 days | 1,720 sqft |
2018-09-01 | 0 days | 1,674 sqft |
2018-10-01 | 0 days | 1,614 sqft |
2018-11-01 | 0 days | 1,592 sqft |
2018-12-01 | 0 days | 1,586 sqft |
2019-01-01 | 0 days | 1,620 sqft |
2019-02-01 | 0 days | 1,680 sqft |
2019-03-01 | 0 days | 1,680 sqft |
2019-04-01 | 0 days | 1,680 sqft |
2019-05-01 | 0 days | 1,680 sqft |
2019-06-01 | 0 days | 1,650 sqft |
2019-07-01 | 0 days | 1,607 sqft |
2019-08-01 | 0 days | 1,636 sqft |
2019-09-01 | 0 days | 1,616 sqft |
2019-10-01 | 0 days | 1,602 sqft |
2019-11-01 | 0 days | 1,600 sqft |
2019-12-01 | 0 days | 1,646 sqft |
2020-01-01 | 0 days | 1,605 sqft |
2020-02-01 | 0 days | 1,670 sqft |
2020-03-01 | 0 days | 1,626 sqft |
2020-04-01 | 0 days | 1,584 sqft |
2020-05-01 | 0 days | 1,680 sqft |
2020-06-01 | 0 days | 1,678 sqft |
2020-07-01 | 0 days | 1,628 sqft |
2020-08-01 | 0 days | 1,633 sqft |
2020-09-01 | 0 days | 1,664 sqft |
2020-10-01 | 0 days | 1,738 sqft |
2020-11-01 | 0 days | 1,744 sqft |
2020-12-01 | 0 days | 1,779 sqft |
2021-01-01 | 0 days | 1,900 sqft |
2021-02-01 | 0 days | 1,692 sqft |
2021-03-01 | 0 days | 1,733 sqft |
2021-04-01 | 0 days | 1,633 sqft |
2021-05-01 | 0 days | 1,600 sqft |
2021-06-01 | 0 days | 1,684 sqft |
2021-07-01 | 0 days | 1,756 sqft |
2021-08-01 | 0 days | 1,825 sqft |
2021-09-01 | 0 days | 1,777 sqft |
2021-10-01 | 0 days | 1,594 sqft |
2021-11-01 | 0 days | 1,841 sqft |
2021-12-01 | 0 days | 1,792 sqft |
2022-01-01 | 0 days | 1,655 sqft |
2022-02-01 | 0 days | 1,658 sqft |
2022-03-01 | 0 days | 1,827 sqft |
2022-04-01 | 0 days | 1,687 sqft |
2022-05-01 | 0 days | 1,769 sqft |
2022-06-01 | 0 days | 1,624 sqft |
2022-07-01 | 0 days | 1,560 sqft |
2022-08-01 | 0 days | 1,620 sqft |
2022-09-01 | 0 days | 1,713 sqft |
2022-10-01 | 0 days | 1,701 sqft |
2022-11-01 | 0 days | 1,677 sqft |
2022-12-01 | 0 days | 1,680 sqft |
2023-01-01 | 0 days | 1,770 sqft |
2023-02-01 | 0 days | 1,710 sqft |
2023-03-01 | 0 days | 1,690 sqft |
2023-04-01 | 0 days | 1,822 sqft |
2023-05-01 | 0 days | 1,780 sqft |
2023-06-01 | 0 days | 1,709 sqft |
2023-07-01 | 0 days | 1,560 sqft |
2023-08-01 | 0 days | 1,493 sqft |
2023-09-01 | 0 days | 1,500 sqft |
2023-10-01 | 0 days | 1,533 sqft |
2023-11-01 | 0 days | 1,521 sqft |
2023-12-01 | 0 days | 1,533 sqft |
2024-01-01 | 0 days | 1,536 sqft |
2024-02-01 | 0 days | 1,495 sqft |
2024-03-01 | 0 days | 1,474 sqft |
2024-04-01 | 0 days | 1,526 sqft |
2024-05-01 | 0 days | 1,538 sqft |
2024-06-01 | 0 days | 1,531 sqft |
2024-07-01 | 0 days | 1,500 sqft |
2024-08-01 | 0 days | 1,500 sqft |
2024-09-01 | 0 days | 1,459 sqft |
2024-10-01 | 0 days | 1,478 sqft |
Mount Sterling's median square footage for active listings during the 2024-10-01 period was 1,478 sqft. One year prior, the average listing was 1,533 sqft.