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 164 lenders originated 2,445 VA loans during 2023. The total origination value was $1,216,755,000, with an average VA loan value of $497,650.

New York VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in New York averaged 5.56% for the week of 2024-10-04, compared to the national average (all VA variants) of 5.596% for the same period.

New York's average VA mortgage closing costs are $9,304.

The average rate for the prior week (2024-09-27) was 5.59% and one month ago for the week of 2024-08-30, the average rate was 5.81%.

The average rate one year ago was 7.15%.

For refis of the same type during the week of 2024-10-04, the average rate was 6.12%.

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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 318 6.63% $12,421
QUICKEN LOANS, LLC 176 6.11% $16,958
NAVY FEDERAL CREDIT UNION 158 5.76% $11,519
UNITED WHOLESALE MORTGAGE, LLC 153 6.20% $14,312
CROSSCOUNTRY MORTGAGE, LLC 121 6.54% $15,746
The Federal Savings Bank 87 6.17% $24,703
LOANDEPOT.COM, LLC 76 6.16% $15,604
USAA Federal Savings Bank 66 6.23% $14,812
GUARANTEED RATE, INC. 66 6.30% $11,855
CONTOUR MORTGAGE CORPORATION 46 6.47% $17,797
NEW DAY FINANCIAL, LLC 40 7.39% $16,364
FREEDOM MORTGAGE CORPORATION 40 6.51% $19,683
NEWREZ LLC 39 6.45% $14,445
Barrington Bank & Trust Company, N.A. 35 6.35% $15,562
PLAZA HOME MORTGAGE, INC. 34 6.39% $17,739
PENNYMAC LOAN SERVICES, LLC 33 5.92% $14,033
CARDINAL FINANCIAL 30 6.43% $22,723
Advisors Mortgage Group, L.L.C. 30 6.30% $8,794
PENTAGON FEDERAL CREDIT UNION 28 5.58% $12,028
Mr. Cooper ( Nationstar Mortgage ) 27 6.04% $21,830
NJ LENDERS CORP. 27 6.27% $10,379
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 26 6.80% $11,705
EMBRACE HOME LOANS, INC. 23 6.01% $13,896
Paramount Residential Mortgage Group, Inc. 23 6.71% $14,756
ARK-LA-TEX FINANCIAL SERVICES, LLC. 22 6.35% $10,230
NATIONWIDE MORTGAGE BANKERS, INC. 21 6.57% $21,496
MOVEMENT MORTGAGE, LLC 19 6.84% $20,535
ABSOLUTE HOME MORTGAGE CORPORATION 18 6.53% $16,761
Wells Fargo Bank 18 5.88% $14,563
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 17 6.57% $15,891
RELIANCE FIRST CAPITAL, LLC 17 6.71% $18,086
AMERICAN FINANCIAL NETWORK, INC. 16 6.61% $16,270
Citizens Bank 15 6.20% $14,459
Flagstar Bank, FSB 15 6.41% $18,932
CMG MORTGAGE, INC. 15 6.52% $15,329
PLANET HOME LENDING, LLC 14 6.01% $15,345
NBKC BANK 14 5.98% $9,959
Magnolia Bank 13 6.25% $26,530
Equity Prime Mortgage LLC 13 6.43% $12,713
MORTGAGE ACCESS CORP. 13 6.64% $12,737
JPMorgan Chase Bank 12 6.20% $9,249
GUARANTEED RATE AFFINITY, LLC 12 6.25% $11,693
MLB RESIDENTIAL LENDING, LLC 12 6.88% $19,782
Plains Commerce Bank 10 5.91% $11,049
BOND STREET MORTGAGE, LLC 10 6.24% $13,077
Prosperity Home Mortgage, LLC 9 6.17% $15,239
East Coast Capital Corp. 9 6.18% $18,909
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 8 6.64% $23,173
DHI MORTGAGE COMPANY, LTD. 8 6.22% $14,081
NORWICH COMMERCIAL GROUP, INC. 8 6.22% $16,239
AMERISAVE MORTGAGE CORPORATION 8 5.81% $24,905
EMM LOANS LLC 7 6.39% $12,076
MUTUAL OF OMAHA MORTGAGE, INC. 7 6.43% $25,703
Northpointe Bank 7 6.23% $10,977
JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. 7 6.61% $20,567
HOMEBRIDGE FINANCIAL SERVICES, INC. 7 6.87% $16,532
U.S. Bank 7 6.46% $9,982
VILLAGE CAPITAL MORTGAGE 6 6.31% $9,963
Gateway First Bank 6 6.58% $10,297
MID-ISLAND MORTGAGE CORP. 6 5.79% $18,808
VAN DYK MORTGAGE CORPORATION 5 6.90% $11,450
UNION HOME MORTGAGE CORP. 5 6.25% $16,259
UNITED NORTHERN MORTGAGE BANKERS LIMITED 5 6.53% $22,407
PANORAMA MORTGAGE GROUP, LLC 5 6.58% $11,322
CLIFFCO, INC. 5 6.12% $22,948
GREENTREE MORTGAGE COMPANY, L.P. 4 6.25% $9,253
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 6.75% $16,299
ROYAL UNITED MORTGAGE LLC 4 6.38% $23,657
Keystone Funding, Inc. 4 6.00% $8,670
BROKER SOLUTIONS, INC. 4 6.22% $17,066
BNC National Bank 3 5.46% $10,728
HARTFORD FUNDING, LTD. 3 6.63% $18,415
Cornerstone First Mortgage, Inc 3 6.75% $13,416
First Federal Bank 3 6.63% $12,808
INTERSTATE HOME LOAN CENTER, INC. 3 6.54% $23,392
PHH Mortgage Corporation 3 6.79% $11,490
JET DIRECT FUNDING CORP 3 6.33% $9,687
First Savings Bank 3 5.96% $15,659
Lakeview Community Capital, LLC 3 6.25% $21,438
RESIDENTIAL HOME FUNDING CORP. 3 5.50% $10,277
LAKEVIEW LOAN SERVICING, LLC 3 5.92% $16,395
SUCCESS MORTGAGE PARTNERS, INC. 3 6.42% $12,823
Century Mortgage Company DBA Century Lending Company 3 6.21% $12,190
AMERICAN FEDERAL MORTGAGE CORPORATION 3 6.13% $5,319
US MORTGAGE CORPORATION 3 6.08% $13,857
MORTGAGE SOLUTIONS OF COLORADO, LLC 3 7.92% $11,460
M&T Bank 3 6.38% $9,039
Nations Lending Corporation 3 7.33% $13,091
DRAPER AND KRAMER MORTGAGE CORP. 3 6.83% $5,915
NETWORK CAPITAL FUNDING CORPORATION 3 5.83% $19,364
Byline Bank 2 5.56% $24,012
Armed Forces Bank 2 5.38% $12,017
AMERICAN FINANCIAL RESOURCES, INC. 2 7.00% $22,218
AmeriHome Mortgage Company, LLC 2 6.13% $9,929
VERITAS FUNDING, LLC 2 7.13% $27,612
CONTINENTAL MORTGAGE BANKERS, INC. 2 6.38% $17,343
ATLANTIS MORTGAGE CO., INC. 2 6.88% $7,074
HOMESIDE FINANCIAL, LLC 2 7.25% $8,472
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 6.31% $21,275
OCEANSIDE MORTGAGE COMPANY 2 6.31% $12,402
Bank of England 2 6.44% $14,535
North American Savings Bank, F.S.B. 2 5.75% $18,830
CALIBER HOME LOANS, INC. 2 6.50% $8,190
The Central Trust Bank 2 5.69% $13,031
TD Bank 2 6.50% $11,518
SUN WEST MORTGAGE COMPANY, INC. 2 6.44% $11,180
Sunflower Bank 2 6.06% $23,642
EVERETT FINANCIAL, INC. 2 6.88% $10,808
FM Home Loans, LLC 2 5.94% $12,898
DEVELOPER'S MORTGAGE COMPANY 1 7.00% $11,863
DIRECT MORTGAGE LOANS, LLC 1 6.25% $11,316
EAGLE HOME MORTGAGE, LLC 1 6.75% $650
Encompass Lending Group, LP 1 5.50% $10,850
ENVOY MORTGAGE, LTD 1 5.38% $0
EQUITY NOW INC. 1 6.75% $20,716
Evolve Bank & Trust 1 6.63% $11,591
Community First National Bank 1 5.63% $29,637
Financial Freedom Mortgage, LLC 1 5.75% $8,215
FIRST ALLIANCE HOME MORTGAGE, LLC 1 7.25% $33,115
FIRST MORTGAGE COMPANY, INC. 1 5.75% $23,169
GLENDENNING MORTGAGE CORPORATION 1 6.25% $11,645
GREENWAY MORTGAGE FUNDING CORP. 1 6.25% $13,220
Watermark Capital, Inc. 1 5.75% $8,131
GUILD MORTGAGE COMPANY 1 6.13% $11,119
HomePromise Corporation 1 7.25% $5,715
HOMESTEAD FUNDING CORP. 1 6.75% $20,125
Ixonia Bank 1 7.25% $19,019
1ST 2ND MORTGAGE COMPANY OF N.J., INC. 1 6.99% $14,708
KeyBank 1 5.63% $14,745
LOANPAL, LLC 1 6.13% $2,060
LYNX MORTGAGE BANK LLC 1 6.75% $6,293
MDE Home Loans, LLC 1 6.75% $23,143
ACADEMY MORTGAGE CORPORATION 1 6.25% $21,586
BLACK HILLS FEDERAL CREDIT UNION 1 5.88% $7,057
BAYSHORE MORTGAGE FUNDING, LLC 1 7.50% $16,376
NATIONWIDE EQUITIES CORPORATION 1 6.00% $11,231
BAY EQUITY LLC 1 6.63% $16,206
Bank of America 1 5.50% $12,511
ASSOCIATED MORTGAGE BANKERS, INC. 1 7.13% $24,306
NFM, INC. 1 6.63% $9,342
NP, Inc. 1 6.50% $8,898
NVR Mortgage Finance, Inc. 1 5.63% $11,581
OCMBC, INC. 1 7.25% $23,789
Paramount Bank 1 7.00% $10,950
AmRes Corporation 1 6.25% $22,614
PATRIOT ONE MORTGAGE BANKERS, LLC 1 6.25% $17,643
Ameris Bank 1 6.00% $10,799
AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.50% $18,449
PNC Bank 1 6.25% $2,660
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.25% $18,226
AMERICAN HERITAGE FCU 1 4.99% $19,284
RESIDENTIAL BANCORP 1 6.25% $25,681
RESIDENTIAL HOME MORTGAGE CORPORATION 1 7.38% $9,664
Residential Mortgage Solutions, Inc. 1 7.25% $10,708
SOVEREIGN LENDING GROUP INCORPORATED 1 5.25% $18,852
SUMMIT FUNDING, INC. 1 6.75% $26,864
T2 FINANCIAL LLC 1 6.75% $21,321
TBI MORTGAGE COMPANY 1 6.13% $5,637
The Huntington National Bank 1 6.00% $1,490
TOTAL MORTGAGE SERVICES, LLC 1 5.25% $19,730
ALLIED MORTGAGE GROUP, INC. 1 6.63% $6,797
Acre Mortgage and Financial Inc 1 7.13% $18,452
Valley National Bank 1 6.25% $5,378
Credence Funding Corporation 1 6.00% $2,825

The top New York VA lender as defined by loan originations is Mortgage Research Center, LLC, with 318 VA loans originated. Their average total fees are $12,421, which is $4,537 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee New York VA lenders (with over 10 loans originated) are Advisors Mortgage Group, L.L.C. ($8,794), JPMorgan Chase Bank ($9,249), NBKC BANK ($9,959), ARK-LA-TEX FINANCIAL SERVICES, LLC. ($10,230) and NJ LENDERS CORP. ($10,379).

The lowest rate New York VA lenders (with over 10 loans originated) are PENTAGON FEDERAL CREDIT UNION (5.58%), NAVY FEDERAL CREDIT UNION (5.76%), Wells Fargo Bank (5.88%), Plains Commerce Bank (5.91%) and PENNYMAC LOAN SERVICES, LLC (5.92%).


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%) $1,184,160 (11.5%) 1.85 48,059
2018-02-01 $519,000 (14.2%) $1,187,602 (7.0%) 1.88 50,498
2018-03-01 $529,995 (11.6%) $1,166,065 (4.1%) 1.86 54,028
2018-04-01 $549,444 (12.1%) $1,162,682 (1.3%) 1.86 57,178
2018-05-01 $559,000 (11.9%) $1,155,902 (1.3%) 1.87 62,355
2018-06-01 $559,900 (12.0%) $1,137,861 (0.1%) 1.87 65,388
2018-07-01 $552,906 (10.6%) $1,118,327 (-0.6%) 1.85 66,067
2018-08-01 $549,000 (10.2%) $1,085,063 (-1.6%) 1.84 65,240
2018-09-01 $549,900 (10.2%) $1,092,650 (-2.4%) 1.85 65,820
2018-10-01 $549,999 (8.6%) $1,103,826 (-3.8%) 1.86 66,122
2018-11-01 $549,900 (10.0%) $1,115,364 (-3.3%) 1.86 63,702
2018-12-01 $540,000 (8.0%) $1,115,460 (-4.2%) 1.86 57,615
2019-01-01 $535,000 (7.2%) $1,114,717 (-5.9%) 1.85 53,016
2019-02-01 $547,000 (5.4%) $1,128,541 (-5.0%) 1.85 55,002
2019-03-01 $560,143 (5.7%) $1,129,863 (-3.1%) 1.83 58,572
2019-04-01 $575,000 (4.7%) $1,125,947 (-3.2%) 1.83 62,598
2019-05-01 $589,000 (5.4%) $1,130,704 (-2.2%) 1.84 68,043
2019-06-01 $585,000 (4.5%) $1,121,806 (-1.4%) 1.83 69,942
2019-07-01 $575,000 (4.0%) $1,107,826 (-0.9%) 1.80 68,901
2019-08-01 $575,818 (4.9%) $1,102,079 (1.6%) 1.82 68,031
2019-09-01 $577,045 (4.9%) $1,114,839 (2.0%) 1.85 67,163
2019-10-01 $577,864 (5.1%) $1,125,085 (1.9%) 1.86 66,023
2019-11-01 $575,000 (4.6%) $1,138,373 (2.1%) 1.89 62,133
2019-12-01 $574,500 (6.4%) $1,164,085 (4.4%) 1.92 54,253
2020-01-01 $565,000 (5.6%) $1,173,101 (5.2%) 1.89 49,998
2020-02-01 $575,000 (5.1%) $1,176,805 (4.3%) 1.88 51,374
2020-03-01 $589,950 (5.3%) $1,181,583 (4.6%) 1.85 52,870
2020-04-01 $598,900 (4.2%) $1,221,296 (8.5%) 1.88 48,980
2020-05-01 $599,000 (1.7%) $1,197,316 (5.9%) 1.82 48,638
2020-06-01 $599,944 (2.6%) $1,191,273 (6.2%) 1.77 51,185
2020-07-01 $627,000 (9.0%) $1,207,357 (9.0%) 1.82 54,352
2020-08-01 $641,617 (11.4%) $1,249,587 (13.4%) 1.84 54,377
2020-09-01 $649,000 (12.5%) $1,263,476 (13.3%) 1.86 54,572
2020-10-01 $649,999 (12.5%) $1,292,377 (14.9%) 1.86 55,661
2020-11-01 $649,000 (12.9%) $1,307,486 (14.9%) 1.90 52,172
2020-12-01 $649,000 (13.0%) $1,328,343 (14.1%) 1.93 46,928
2021-01-01 $649,000 (14.9%) $1,374,981 (17.2%) 1.94 40,456
2021-02-01 $649,950 (13.0%) $1,399,017 (18.9%) 1.89 38,707
2021-03-01 $649,000 (10.0%) $1,383,278 (17.1%) 1.84 38,458
2021-04-01 $649,946 (8.5%) $1,391,889 (14.0%) 1.76 40,115
2021-05-01 $649,993 (8.5%) $1,379,846 (15.2%) 1.73 42,335
2021-06-01 $645,371 (7.6%) $1,340,463 (12.5%) 1.70 44,880
2021-07-01 $625,000 (-0.3%) $1,297,035 (7.4%) 1.65 45,172
2021-08-01 $617,000 (-3.8%) $1,281,311 (2.5%) 1.65 44,667
2021-09-01 $605,000 (-6.8%) $1,284,368 (1.7%) 1.61 43,617
2021-10-01 $619,000 (-4.8%) $1,303,095 (0.8%) 1.65 43,542
2021-11-01 $621,950 (-4.2%) $1,352,359 (3.4%) 1.66 39,093
2021-12-01 $619,250 (-4.6%) $1,384,948 (4.3%) 1.68 32,921
2022-01-01 $625,000 (-3.7%) $1,494,423 (8.7%) 1.69 28,164
2022-02-01 $637,125 (-2.0%) $1,442,220 (3.1%) 1.66 28,498
2022-03-01 $649,444 (0.1%) $1,450,238 (4.8%) 1.63 30,421
2022-04-01 $660,000 (1.6%) $1,447,922 (4.0%) 1.57 32,090
2022-05-01 $675,000 (3.9%) $1,431,626 (3.8%) 1.54 36,015
2022-06-01 $675,000 (4.6%) $1,377,710 (2.8%) 1.50 38,789
2022-07-01 $659,000 (5.4%) $1,336,068 (3.0%) 1.48 41,010
2022-08-01 $650,000 (5.4%) $1,318,875 (2.9%) 1.50 40,176
2022-09-01 $660,130 (9.1%) $1,365,889 (6.4%) 1.54 39,681
2022-10-01 $674,894 (9.0%) $1,454,762 (11.6%) 1.59 40,045
2022-11-01 $669,500 (7.7%) $1,497,072 (10.7%) 1.61 38,648
2022-12-01 $660,000 (6.6%) $1,519,502 (9.7%) 1.63 33,979
2023-01-01 $662,500 (6.0%) $1,547,512 (3.6%) 1.64 30,692
2023-02-01 $679,950 (6.7%) $1,577,557 (9.4%) 1.64 30,173
2023-03-01 $698,500 (7.6%) $1,590,414 (9.7%) 1.65 30,144
2023-04-01 $699,999 (6.1%) $1,611,863 (11.3%) 1.63 31,313
2023-05-01 $734,500 (8.8%) $1,672,672 (16.8%) 1.67 32,425
2023-06-01 $749,000 (11.0%) $1,623,987 (17.9%) 1.68 33,254
2023-07-01 $737,430 (11.9%) $1,591,760 (19.1%) 1.68 33,111
2023-08-01 $717,000 (10.3%) $1,555,281 (17.9%) 1.65 32,798
2023-09-01 $719,000 (8.9%) $1,541,683 (12.9%) 1.67 34,732
2023-10-01 $729,444 (8.1%) $1,608,212 (10.6%) 1.72 33,897
2023-11-01 $727,931 (8.7%) $1,667,818 (11.4%) 1.73 34,211
2023-12-01 $734,142 (11.2%) $1,758,935 (15.8%) 1.79 29,215
2024-01-01 $741,500 (11.9%) $1,742,252 (12.6%) 1.81 26,933
2024-02-01 $749,500 (10.2%) $1,686,410 (6.9%) 1.80 27,182
2024-03-01 $759,900 (8.8%) $1,681,115 (5.7%) 1.79 28,856
2024-04-01 $769,000 (9.9%) $1,689,995 (4.9%) 1.79 30,930
2024-05-01 $789,301 (7.5%) $1,710,952 (2.3%) 1.78 32,611
2024-06-01 $789,000 (5.3%) $1,684,483 (3.7%) 1.77 34,281
2024-07-01 $764,450 (3.7%) $1,617,739 (1.6%) 1.75 34,128
2024-08-01 $750,000 (4.6%) $1,577,155 (1.4%) 1.74 33,477
2024-09-01 $764,000 (6.3%) $1,641,046 (6.5%) 0.00 35,296
New York's median listing price for 2024-09-01 was $764,000, a difference of $45,000 (6.3%) versus the prior year and $14,000 versus the prior month.

New York's median listing price comes in at 0% of the national average.

New York's average listing price for 2024-09-01 was $1,641,046, a difference of $99,363 (6.5%) versus the prior year and $63,891 versus the prior month.

For the 2024-09-01 period, New York had 35,296 MLS listings, a difference of 1,819 listings (5%) versus the prior month and 564 listings (2%) 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 84 days 1,842 sqft
2018-02-01 72 days 1,855 sqft
2018-03-01 52 days 1,880 sqft
2018-04-01 51 days 1,893 sqft
2018-05-01 46 days 1,907 sqft
2018-06-01 50 days 1,918 sqft
2018-07-01 59 days 1,920 sqft
2018-08-01 65 days 1,913 sqft
2018-09-01 66 days 1,900 sqft
2018-10-01 64 days 1,887 sqft
2018-11-01 65 days 1,865 sqft
2018-12-01 78 days 1,842 sqft
2019-01-01 82 days 1,823 sqft
2019-02-01 73 days 1,833 sqft
2019-03-01 59 days 1,866 sqft
2019-04-01 50 days 1,906 sqft
2019-05-01 50 days 1,921 sqft
2019-06-01 55 days 1,930 sqft
2019-07-01 64 days 1,922 sqft
2019-08-01 67 days 1,917 sqft
2019-09-01 69 days 1,908 sqft
2019-10-01 70 days 1,901 sqft
2019-11-01 71 days 1,854 sqft
2019-12-01 85 days 1,835 sqft
2020-01-01 90 days 1,821 sqft
2020-02-01 75 days 1,840 sqft
2020-03-01 54 days 1,854 sqft
2020-04-01 71 days 1,860 sqft
2020-05-01 85 days 1,870 sqft
2020-06-01 86 days 1,866 sqft
2020-07-01 47 days 1,806 sqft
2020-08-01 47 days 1,760 sqft
2020-09-01 51 days 1,705 sqft
2020-10-01 51 days 1,692 sqft
2020-11-01 60 days 1,652 sqft
2020-12-01 74 days 1,612 sqft
2021-01-01 84 days 1,574 sqft
2021-02-01 78 days 1,539 sqft
2021-03-01 55 days 1,538 sqft
2021-04-01 44 days 1,550 sqft
2021-05-01 41 days 1,571 sqft
2021-06-01 44 days 1,582 sqft
2021-07-01 47 days 1,592 sqft
2021-08-01 53 days 1,588 sqft
2021-09-01 57 days 1,566 sqft
2021-10-01 57 days 1,539 sqft
2021-11-01 59 days 1,510 sqft
2021-12-01 70 days 1,465 sqft
2022-01-01 79 days 1,436 sqft
2022-02-01 60 days 1,416 sqft
2022-03-01 40 days 1,438 sqft
2022-04-01 39 days 1,452 sqft
2022-05-01 38 days 1,508 sqft
2022-06-01 39 days 1,558 sqft
2022-07-01 44 days 1,568 sqft
2022-08-01 54 days 1,555 sqft
2022-09-01 59 days 1,550 sqft
2022-10-01 59 days 1,538 sqft
2022-11-01 62 days 1,527 sqft
2022-12-01 75 days 1,502 sqft
2023-01-01 82 days 1,489 sqft
2023-02-01 75 days 1,483 sqft
2023-03-01 55 days 1,488 sqft
2023-04-01 50 days 1,496 sqft
2023-05-01 48 days 1,503 sqft
2023-06-01 51 days 1,525 sqft
2023-07-01 54 days 1,552 sqft
2023-08-01 59 days 1,557 sqft
2023-09-01 60 days 1,560 sqft
2023-10-01 56 days 1,564 sqft
2023-11-01 58 days 1,559 sqft
2023-12-01 71 days 1,543 sqft
2024-01-01 79 days 1,509 sqft
2024-02-01 69 days 1,499 sqft
2024-03-01 50 days 1,500 sqft
2024-04-01 45 days 1,505 sqft
2024-05-01 43 days 1,538 sqft
2024-06-01 45 days 1,556 sqft
2024-07-01 52 days 1,575 sqft
2024-08-01 58 days 1,556 sqft
2024-09-01 0 days 1,567 sqft
New York's median listing age (time on market) for 2024-09-01 was 0 days. This is -100% shorter than the same period one year ago.

New York's median square footage for active listings during the 2024-09-01 period was 1,567 sqft. One year prior, the average listing was 1,560 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.