New York VA Loan Rates, Closing Costs & Stats

New York-Newark-Jersey City, NY-NJ-PA

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.

New York's 216 lenders originated 10,871 VA loans during 2021. The total origination value was $4,371,695,000, with an average VA loan value of $402,143.

New York VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in New York averaged 0.05% for the week of 2022-11-25, compared to the national average (all VA variants) of 0% for the same period.

New York's average VA mortgage closing costs are $8,279.

The average rate for the prior week (2022-11-18) was 6.74% and one month ago for the week of 2022-10-21, the average rate was 6.88%.

The average rate one year ago was 3.06%.

For refis of the same type during the week of 2022-11-25, the average rate was -0.05%.

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

New York 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 New York level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
QUICKEN LOANS, LLC 1,342 2.46% $7,045
Mortgage Research Center, LLC 923 2.79% $8,958
FREEDOM MORTGAGE CORPORATION 780 2.52% $5,143
NAVY FEDERAL CREDIT UNION 435 2.49% $8,878
LOANDEPOT.COM, LLC 426 2.50% $8,357
USAA Federal Savings Bank 297 2.89% $7,664
The Federal Savings Bank 288 2.63% $10,967
UNITED WHOLESALE MORTGAGE, LLC 268 2.55% $8,322
PENNYMAC LOAN SERVICES, LLC 220 2.36% $7,506
NEW DAY FINANCIAL, LLC 208 2.77% $9,751
CALIBER HOME LOANS, INC. 206 2.50% $7,434
Mr. Cooper ( Nationstar Mortgage ) 195 2.64% $4,683
CROSSCOUNTRY MORTGAGE, LLC 183 2.86% $12,684
HOME POINT FINANCIAL CORPORATION 147 2.51% $8,181
HOMEBRIDGE FINANCIAL SERVICES, INC. 133 2.68% $10,781
NEWREZ LLC 120 2.69% $7,587
Wells Fargo Bank 119 2.54% $7,188
LAKEVIEW LOAN SERVICING, LLC 118 2.47% $3,042
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 118 2.87% $13,859
NJ LENDERS CORP. 116 2.59% $9,009
GUARANTEED RATE, INC. 114 2.62% $8,792
PENTAGON FEDERAL CREDIT UNION 110 2.34% $4,514
Barrington Bank & Trust Company, N.A. 106 2.84% $9,546
CLEARPATH LENDING 106 2.28% $4,827
Advisors Mortgage Group, L.L.C. 101 2.72% $8,460
CONTOUR MORTGAGE CORPORATION 95 2.78% $11,155
FAMILY FIRST FUNDING LLC 91 2.74% $11,214
Carrington Mortgage Services, LLC 76 2.88% $5,924
AMERICAN FINANCIAL NETWORK, INC. 64 2.73% $18,424
InterContinental Capital Group, Inc 62 2.58% $7,393
NATIONWIDE MORTGAGE BANKERS, INC. 58 2.98% $16,620
Equity Prime Mortgage LLC 55 2.84% $7,073
FINANCE OF AMERICA MORTGAGE LLC 54 2.62% $8,932
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 51 2.94% $9,243
UNITED MORTGAGE CORP. 48 2.84% $11,019
North American Savings Bank, F.S.B. 47 2.40% $5,676
NBKC BANK 47 2.53% $7,107
Low VA Rates, LLC 43 2.37% $4,919
Citizens Bank 42 2.53% $9,084
Paramount Residential Mortgage Group, Inc. 42 2.80% $9,364
AMERISAVE MORTGAGE CORPORATION 41 2.68% $10,761
EMBRACE HOME LOANS, INC. 39 2.46% $9,962
Flagstar Bank, FSB 39 2.74% $9,787
MORTGAGE ACCESS CORP. 37 2.90% $11,294
NP, Inc. 36 2.47% $6,598
VILLAGE CAPITAL MORTGAGE 35 2.31% $4,734
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 34 2.90% $11,170
ABSOLUTE HOME MORTGAGE CORPORATION 34 2.85% $10,267
GUARANTEED RATE AFFINITY, LLC 34 2.57% $8,555
MOVEMENT MORTGAGE, LLC 31 2.74% $10,234
BROKER SOLUTIONS, INC. 31 2.63% $8,068
ACCELERATE MORTGAGE, LLC 29 2.22% $7,746
ROUNDPOINT MORTGAGE SERVICING CORPORATION 27 2.88% $13,163
BNC National Bank 26 2.35% $6,724
SUN WEST MORTGAGE COMPANY, INC. 25 2.74% $6,299
RELIANCE FIRST CAPITAL, LLC 25 2.83% $13,633
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 24 2.82% $13,495
Plains Commerce Bank 24 2.59% $8,283
PLAZA HOME MORTGAGE, INC. 24 2.72% $9,511
BOND STREET MORTGAGE, LLC 23 2.68% $6,203
MID-ISLAND MORTGAGE CORP. 23 2.65% $10,005
First Federal Bank 23 3.01% $14,984
ENVOY MORTGAGE, LTD 22 2.82% $10,888
DHI MORTGAGE COMPANY, LTD. 22 2.64% $10,541
MUTUAL OF OMAHA MORTGAGE, INC. 22 2.62% $7,286
First Guaranty Mortgage Corporation 21 2.66% $6,224
PLANET HOME LENDING, LLC 20 2.52% $4,144
Magnolia Bank 20 2.61% $9,511
M&T Bank 20 2.78% $7,851
PANORAMA MORTGAGE GROUP, LLC 20 2.85% $14,762
UNITED NORTHERN MORTGAGE BANKERS LIMITED 20 2.89% $11,404
PNC Bank 19 2.84% $8,914
Gateway First Bank 18 2.88% $8,000
East Coast Capital Corp. 18 2.77% $11,075
GREENTREE MORTGAGE COMPANY, L.P. 18 2.67% $10,968
First Home Bank 18 2.71% $7,289
RESIDENTIAL HOME FUNDING CORP. 16 2.77% $11,307
Nations Lending Corporation 16 2.79% $8,029
SUCCESS MORTGAGE PARTNERS, INC. 14 2.99% $10,967
Northpointe Bank 14 2.61% $5,559
U.S. Bank 14 2.79% $11,124
CLIFFCO, INC. 14 3.07% $14,167
Atlantic Home Loans, Inc. 14 2.73% $6,408
CMG MORTGAGE, INC. 12 2.81% $12,127
NETWORK CAPITAL FUNDING CORPORATION 12 2.50% $10,264
MLB RESIDENTIAL LENDING, LLC 12 3.05% $15,689
AmeriHome Mortgage Company, LLC 12 2.80% $4,010
DRAPER AND KRAMER MORTGAGE CORP. 11 2.58% $5,486
ALLIED MORTGAGE GROUP, INC. 11 2.89% $8,761
Mid-Continent Funding, Inc. 11 2.75% $9,716
First Savings Bank 11 2.63% $12,249
SOVEREIGN LENDING GROUP INCORPORATED 11 2.47% $5,576
JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. 10 3.20% $12,327
Prosperity Home Mortgage, LLC 10 2.69% $9,237
Lakeview Community Capital, LLC 9 2.61% $3,521
GLENDENNING MORTGAGE CORPORATION 9 2.68% $6,220
Valley National Bank 9 2.78% $14,778
GREENWAY MORTGAGE FUNDING CORP. 9 2.79% $8,222
Wyndham Capital Mortgage, Inc. 9 2.39% $2,073
UNION HOME MORTGAGE CORP. 9 2.61% $7,017
KS StateBank 9 2.35% $6,024
First Federal Bank of Kansas City 9 2.25% $8,651
TD Bank 8 2.97% $7,627
JPMorgan Chase Bank 7 3.07% $9,030
FIRST ALLIANCE HOME MORTGAGE, LLC 7 2.91% $14,333
AMERICAN FINANCING CORPORATION 7 2.38% $9,067
First Mortgage Solutions, LLC 7 2.25% $3,373
Paramount Bank 7 2.48% $7,289
Bank of England 7 2.98% $12,648
Summit Mortgage Corporation 7 2.80% $8,704
GET A RATE LLC 7 2.61% $6,980
Meridian Bank Corporation 6 2.58% $4,608
US MORTGAGE CORPORATION 6 3.23% $11,630
HARTFORD FUNDING, LTD. 6 3.19% $21,762
Prime Choice Funding Inc. 6 2.31% $6,844
ARK-LA-TEX FINANCIAL SERVICES, LLC. 6 2.63% $5,621
MORIA DEVELOPMENT, INC. 6 3.15% $6,710
Community First National Bank 6 2.36% $7,306
Keystone Funding, Inc. 5 2.48% $6,955
OCMBC, INC. 5 2.65% $5,928
Strong Home Mortgage, LLC 5 2.33% $1,612
BAYSHORE MORTGAGE FUNDING, LLC 5 2.60% $7,600
FirstBank 5 2.45% $3,416
Capital Bank 5 2.33% $9,440
Bethpage Federal Credit Union 5 2.93% $13,470
VAN DYK MORTGAGE CORPORATION 5 3.33% $10,570
EAGLE HOME MORTGAGE, LLC 5 2.85% $6,542
JET DIRECT FUNDING CORP 4 2.81% $14,320
EQUITY NOW INC. 4 2.84% $9,293
NVR Mortgage Finance, Inc. 4 2.87% $13,255
TOTAL MORTGAGE SERVICES, LLC 4 3.06% $12,143
PRIMARY RESIDENTIAL MORTGAGE, INC. 4 2.84% $16,137
PHH Mortgage Corporation 4 2.91% $5,014
Credence Funding Corporation 4 2.25% $3,980
TIDEWATER MORTGAGE SERVICES, INC. 3 2.63% $10,657
FM Home Loans, LLC 3 2.88% $8,808
Evesham Mortgage, LLC 3 3.17% $5,858
HOMESIDE FINANCIAL, LLC 3 2.71% $9,832
EMM LOANS LLC 3 2.83% $18,986
LADERA LENDING, INC. 3 2.67% $5,060
MID AMERICA MORTGAGE, INC. 3 2.58% $4,297
ACADEMY MORTGAGE CORP. 3 2.54% $4,197
ARC HOME LLC 3 2.42% $9,395
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 3.21% $12,611
Santander Bank, N.A. 3 2.67% $5,013
STEARNS LENDING, LLC 3 2.54% $6,554
AMERICA'S CHOICE HOME LOANS LP 3 3.08% $7,564
AMERICAN PACIFIC MORTGAGE CORPORATION 3 3.04% $10,890
Reliant Bank 2 2.69% $12,209
The Central Trust Bank 2 2.31% $15,308
Kwik Mortgage Corporation 2 2.25% $2,480
The Huntington National Bank 2 2.69% $3,009
RESIDENTIAL HOME MORTGAGE CORPORATION 2 2.63% $3,998
Presidential Bank, FSB 2 3.06% $7,835
NATION ONE MORTGAGE CORPORATION 2 3.00% $14,688
Sierra Pacific Mortgage Company, Inc. 2 2.69% $8,465
TOWNE MORTGAGE COMPANY 2 3.38% $7,278
Mortgage Unlimited, L.L.C. 2 2.88% $6,288
Truist 2 2.83% $3,221
Goldwater Bank, N.A. 2 2.56% $9,491
Princeton Mortgage Corporation 2 2.50% $16,980
Stifel Bank and Trust 2 2.63% $3,154
CREDIT UNION MORTGAGE ASSOCIATION, INC. 2 2.81% $8,182
OceanFirst Bank 2 3.00% $9,039
HomePromise Corporation 2 3.31% $9,138
EVERETT FINANCIAL, INC. 2 3.13% $10,140
AmRes Corporation 2 2.31% $9,053
Ameris Bank 2 2.38% $3,960
Florida Capital Bank 2 2.63% $8,270
SWBC MORTGAGE CORPORATION 2 3.19% $5,196
CHURCHILL MORTGAGE CORPORATION 2 3.00% $4,668
NBH Bank 2 2.94% $9,644
Citibank 2 2.50% $6,552
INTERSTATE HOME LOAN CENTER, INC. 1 3.25% $3,700
INTERCAP LENDING INC. 1 2.50% $17,008
Financial Funding Solutions, Inc. 1 2.75% $15,134
The Union Bank Company 1 2.38% $10,888
TIAA, FSB 1 2.88% $15,238
INTELLILOAN, INC. 1 2.50% $5,967
INLAND BANK & TRUST 1 2.25% $6,325
Triumph Bank 1 2.38% $2,031
Hometown Lenders, Inc. 1 2.88% $2,942
Union Savings Bank 1 2.75% $0
American National Bank 1 2.88% $24,156
HOMESTEAD FUNDING CORP. 1 2.38% $4,414
UNITED SECURITY FINANCIAL CORP 1 1.88% $7,118
FIDELITY DIRECT MORTGAGE, LLC 1 2.88% $5,769
Century Mortgage Company DBA Century Lending Company 1 2.75% $5,149
NFM, INC. 1 2.88% $18,478
CANOPY MORTGAGE, LLC 1 2.25% $3,470
NORWICH COMMERCIAL GROUP, INC. 1 2.25% $19,282
TBI MORTGAGE COMPANY 1 2.25% $1,955
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 3.75% $6,582
OCEANSIDE MORTGAGE COMPANY 1 2.25% $2,326
Academy Bank 1 2.25% $4,734
Mortgage World Bankers, Inc. 1 2.88% $4,363
PARKSIDE LENDING, LLC 1 2.75% $19,894
Bank of America 1 3.00% $15,769
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 2.50% $525
ASSOCIATED MORTGAGE BANKERS, INC. 1 2.88% $15,652
DEVELOPER'S MORTGAGE COMPANY 1 2.88% $9,545
GSF Mortgage Corporation 1 2.25% $4,085
MDE Home Loans, LLC 1 3.00% $4,308
PREMIA MORTGAGE, LLC 1 2.63% $5,429
EagleBank 1 2.88% $15,530
LOANPAL, LLC 1 2.75% $16,414
LIBERTY HOME MORTGAGE CORPORATION 1 2.75% $5,077
PULTE MORTGAGE LLC 1 2.63% $9,994
KeyBank 1 2.75% $12,940
GENEVA FINANCIAL, LLC 1 3.00% $8,024
SIRVA MORTGAGE, INC. 1 2.50% $30,052
KELLER MORTGAGE, LLC 1 2.75% $5,325
Financial Freedom Mortgage, LLC 1 3.13% $19,557
Stride Bank 1 3.00% $5,681
JAMES B. NUTTER & COMPANY 1 2.38% $1,709
Ixonia Bank 1 2.63% $8,596

The top New York VA lender as defined by loan originations is QUICKEN LOANS, LLC, with 1,342 VA loans originated. Their average total fees are $7,045, which is $1,913 lower than the next largest lender, Mortgage Research Center, LLC.

The lowest fee New York VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC ($3,042), AmeriHome Mortgage Company, LLC ($4,010), PLANET HOME LENDING, LLC ($4,144), PENTAGON FEDERAL CREDIT UNION ($4,514) and Mr. Cooper ( Nationstar Mortgage ) ($4,683).

The lowest rate New York VA lenders (with over 10 loans originated) are ACCELERATE MORTGAGE, LLC (2.22%), CLEARPATH LENDING (2.28%), VILLAGE CAPITAL MORTGAGE (2.31%), PENTAGON FEDERAL CREDIT UNION (2.34%) and BNC National Bank (2.35%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - New York (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 $499,000 (13.2%) $1,183,882 (11.5%) 1.85 48,075
2018-02-01 $519,000 (14.2%) $1,187,324 (7.0%) 1.88 50,518
2018-03-01 $529,990 (11.6%) $1,165,832 (4.1%) 1.86 54,044
2018-04-01 $549,250 (12.1%) $1,162,462 (1.3%) 1.86 57,193
2018-05-01 $559,000 (11.9%) $1,155,681 (1.3%) 1.87 62,369
2018-06-01 $559,900 (12.0%) $1,137,710 (0.1%) 1.87 65,396
2018-07-01 $552,500 (10.5%) $1,118,178 (-0.6%) 1.84 66,073
2018-08-01 $549,000 (10.3%) $1,084,991 (-1.7%) 1.84 65,243
2018-09-01 $549,900 (10.2%) $1,092,583 (-2.4%) 1.85 65,823
2018-10-01 $549,999 (8.9%) $1,103,792 (-3.8%) 1.86 66,123
2018-11-01 $549,900 (10.0%) $1,115,359 (-3.2%) 1.86 63,702
2018-12-01 $540,000 (8.1%) $1,115,452 (-4.1%) 1.86 57,619
2019-01-01 $535,000 (7.2%) $1,114,671 (-5.9%) 1.85 53,020
2019-02-01 $547,000 (5.4%) $1,128,529 (-5.0%) 1.85 55,007
2019-03-01 $560,143 (5.7%) $1,129,708 (-3.1%) 1.83 58,581
2019-04-01 $575,000 (4.7%) $1,126,076 (-3.1%) 1.83 62,618
2019-05-01 $589,000 (5.4%) $1,130,088 (-2.2%) 1.84 68,100
2019-06-01 $585,000 (4.5%) $1,121,245 (-1.5%) 1.83 70,028
2019-07-01 $575,000 (4.1%) $1,107,195 (-1.0%) 1.80 68,992
2019-08-01 $575,545 (4.8%) $1,101,391 (1.5%) 1.82 68,131
2019-09-01 $576,364 (4.8%) $1,114,101 (2.0%) 1.84 67,274
2019-10-01 $576,909 (4.9%) $1,124,295 (1.9%) 1.86 66,143
2019-11-01 $575,000 (4.6%) $1,137,511 (2.0%) 1.89 62,259
2019-12-01 $572,450 (6.0%) $1,162,982 (4.3%) 1.91 54,386
2020-01-01 $565,000 (5.6%) $1,171,923 (5.1%) 1.89 50,125
2020-02-01 $575,820 (5.3%) $1,175,659 (4.2%) 1.88 51,506
2020-03-01 $589,900 (5.3%) $1,180,420 (4.5%) 1.85 53,001
2020-04-01 $598,450 (4.1%) $1,220,251 (8.4%) 1.87 49,112
2020-05-01 $599,000 (1.7%) $1,196,094 (5.8%) 1.82 48,778
2020-06-01 $599,610 (2.5%) $1,190,076 (6.1%) 1.77 51,323
2020-07-01 $627,000 (9.0%) $1,206,361 (9.0%) 1.82 54,488
2020-08-01 $639,999 (11.2%) $1,248,512 (13.4%) 1.83 54,515
2020-09-01 $649,000 (12.6%) $1,262,522 (13.3%) 1.86 54,708
2020-10-01 $649,999 (12.7%) $1,290,933 (14.8%) 1.86 55,795
2020-11-01 $649,000 (12.9%) $1,305,923 (14.8%) 1.90 52,305
2020-12-01 $649,000 (13.4%) $1,326,668 (14.1%) 1.93 47,062
2021-01-01 $649,000 (14.9%) $1,372,937 (17.2%) 1.94 40,585
2021-02-01 $649,950 (12.9%) $1,396,675 (18.8%) 1.89 38,835
2021-03-01 $649,000 (10.0%) $1,380,609 (17.0%) 1.84 38,580
2021-04-01 $649,700 (8.6%) $1,389,243 (13.9%) 1.76 40,230
2021-05-01 $649,900 (8.5%) $1,377,438 (15.2%) 1.72 42,440
2021-06-01 $644,500 (7.5%) $1,338,494 (12.5%) 1.70 44,973
2021-07-01 $625,000 (-0.3%) $1,295,013 (7.4%) 1.65 45,244
2021-08-01 $614,500 (-4.0%) $1,278,509 (2.4%) 1.64 44,680
2021-09-01 $600,000 (-7.6%) $1,281,474 (1.5%) 1.60 43,660
2021-10-01 $615,888 (-5.3%) $1,299,566 (0.7%) 1.64 43,603
2021-11-01 $619,500 (-4.6%) $1,348,786 (3.3%) 1.65 39,174
2021-12-01 $619,000 (-4.6%) $1,380,980 (4.1%) 1.68 33,022
2022-01-01 $624,900 (-3.7%) $1,488,404 (8.4%) 1.69 28,211
2022-02-01 $634,950 (-2.3%) $1,436,303 (2.8%) 1.65 28,612
2022-03-01 $649,000 (0.0%) $1,444,360 (4.6%) 1.62 30,534
2022-04-01 $659,900 (1.6%) $1,442,516 (3.8%) 1.57 32,208
2022-05-01 $675,000 (3.9%) $1,426,980 (3.6%) 1.54 36,136
2022-06-01 $674,950 (4.7%) $1,374,149 (2.7%) 1.50 38,914
2022-07-01 $659,000 (5.4%) $1,332,942 (2.9%) 1.49 41,131
2022-08-01 $650,000 (5.8%) $1,315,473 (2.9%) 1.50 40,299
2022-09-01 $655,658 (9.3%) $1,362,483 (6.3%) 1.53 39,808
2022-10-01 $670,000 (8.8%) $1,450,941 (11.7%) 1.58 40,174
New York's median listing price for 2022-10-01 was $670,000, a difference of $54,112 (8.8%) versus the prior year and $14,342 versus the prior month.

New York's median listing price comes in at 158% of the national average.

New York's average listing price for 2022-10-01 was $1,450,941, a difference of $151,375 (11.7%) versus the prior year and $88,458 versus the prior month.

For the 2022-10-01 period, New York had 40,174 MLS listings, a difference of 366 listings (1%) versus the prior month and -3,429 listings (-8%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - New York (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 89 days 1,843 sqft
2018-02-01 79 days 1,859 sqft
2018-03-01 57 days 1,885 sqft
2018-04-01 54 days 1,897 sqft
2018-05-01 51 days 1,913 sqft
2018-06-01 53 days 1,920 sqft
2018-07-01 63 days 1,920 sqft
2018-08-01 67 days 1,915 sqft
2018-09-01 71 days 1,900 sqft
2018-10-01 68 days 1,887 sqft
2018-11-01 68 days 1,861 sqft
2018-12-01 82 days 1,840 sqft
2019-01-01 88 days 1,822 sqft
2019-02-01 80 days 1,833 sqft
2019-03-01 65 days 1,869 sqft
2019-04-01 52 days 1,913 sqft
2019-05-01 52 days 1,929 sqft
2019-06-01 59 days 1,936 sqft
2019-07-01 67 days 1,928 sqft
2019-08-01 70 days 1,923 sqft
2019-09-01 72 days 1,916 sqft
2019-10-01 75 days 1,912 sqft
2019-11-01 77 days 1,862 sqft
2019-12-01 90 days 1,846 sqft
2020-01-01 95 days 1,829 sqft
2020-02-01 84 days 1,850 sqft
2020-03-01 59 days 1,862 sqft
2020-04-01 77 days 1,864 sqft
2020-05-01 91 days 1,876 sqft
2020-06-01 96 days 1,876 sqft
2020-07-01 55 days 1,809 sqft
2020-08-01 51 days 1,760 sqft
2020-09-01 55 days 1,708 sqft
2020-10-01 57 days 1,696 sqft
2020-11-01 66 days 1,654 sqft
2020-12-01 81 days 1,617 sqft
2021-01-01 90 days 1,575 sqft
2021-02-01 89 days 1,539 sqft
2021-03-01 63 days 1,537 sqft
2021-04-01 51 days 1,548 sqft
2021-05-01 46 days 1,569 sqft
2021-06-01 47 days 1,582 sqft
2021-07-01 52 days 1,596 sqft
2021-08-01 58 days 1,587 sqft
2021-09-01 61 days 1,568 sqft
2021-10-01 61 days 1,536 sqft
2021-11-01 63 days 1,509 sqft
2021-12-01 76 days 1,463 sqft
2022-01-01 86 days 1,431 sqft
2022-02-01 70 days 1,411 sqft
2022-03-01 46 days 1,435 sqft
2022-04-01 44 days 1,450 sqft
2022-05-01 42 days 1,505 sqft
2022-06-01 43 days 1,553 sqft
2022-07-01 46 days 1,568 sqft
2022-08-01 58 days 1,554 sqft
2022-09-01 65 days 1,549 sqft
2022-10-01 64 days 1,539 sqft
New York's median listing age (time on market) for 2022-10-01 was 64 days. This is 5% longer than the same period one year ago.

New York's median square footage for active listings during the 2022-10-01 period was 1,539 sqft. One year prior, the average listing was 1,536 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.