North Wilkesboro VA Loan Rates, Closing Costs & Stats
North Wilkesboro, NC
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.
North Wilkesboro's 18 lenders originated 53 VA loans during 2023. The total origination value was $14,705,000, with an average VA loan value of $277,453.
North Wilkesboro VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in North Wilkesboro
averaged
6.83%
for the week of 2024-04-19, compared to the national average (all VA variants) of
6.758% for the same period.
North Wilkesboro's average VA mortgage closing costs are $5,083.
The average rate for the prior week (2024-04-12) was
6.66% and
one month ago for the week of 2024-03-15, the
average rate was 6.72%.
The average rate one year ago was 6.31%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.66%.
North Wilkesboro 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 North Wilkesboro level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Mortgage Research Center, LLC | 15 | 6.88% | $4,880 |
| MOVEMENT MORTGAGE, LLC | 7 | 6.73% | $4,354 |
| QUICKEN LOANS, LLC | 5 | 5.85% | $8,107 |
| FREEDOM MORTGAGE CORPORATION | 3 | 6.17% | $7,338 |
| USAA Federal Savings Bank | 3 | 5.46% | $8,077 |
| NAVY FEDERAL CREDIT UNION | 2 | 5.44% | $7,614 |
| INTERCOASTAL MORTGAGE COMPANY | 2 | 6.31% | $4,311 |
| Mr. Cooper ( Nationstar Mortgage ) | 2 | 5.88% | $14,780 |
| UNITED WHOLESALE MORTGAGE, LLC | 2 | 6.37% | $7,551 |
| Barrington Bank & Trust Company, N.A. | 1 | 6.75% | $3,624 |
| NEW DAY FINANCIAL, LLC | 1 | 6.99% | $14,514 |
| NEWREZ LLC | 1 | 6.75% | $5,391 |
| PENNYMAC LOAN SERVICES, LLC | 1 | 5.25% | $3,440 |
| Prosperity Home Mortgage, LLC | 1 | 6.63% | $14,321 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 6.75% | $3,940 |
| The Federal Savings Bank | 1 | 5.75% | $17,737 |
| Meridian Bank Corporation | 1 | 7.25% | $12,615 |
| Blue Ridge Bank | 1 | 7.00% | $18,421 |
The top North Wilkesboro VA lender as defined by loan originations is Mortgage Research Center, LLC, with
15 VA loans originated. Their average total fees are
$4,880, which is $525
higher than the next largest lender,
MOVEMENT MORTGAGE, LLC.
The lowest fee North Wilkesboro VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($4,880), .
The lowest rate North Wilkesboro VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC (6.88%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - North Wilkesboro (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 | $229,600 (5.7%) | $332,645 (5.0%) | 0.00 | 214 |
| 2018-02-01 | $228,475 (6.9%) | $329,893 (4.7%) | 0.00 | 220 |
| 2018-03-01 | $229,450 (3.9%) | $320,446 (0.6%) | 0.00 | 220 |
| 2018-04-01 | $226,750 (0.8%) | $319,581 (-2.4%) | 0.00 | 221 |
| 2018-05-01 | $249,000 (16.0%) | $336,381 (5.8%) | 0.00 | 228 |
| 2018-06-01 | $249,950 (26.1%) | $357,190 (15.5%) | 0.00 | 240 |
| 2018-07-01 | $229,900 (15.0%) | $322,208 (3.4%) | 0.00 | 264 |
| 2018-08-01 | $219,900 (-3.6%) | $300,491 (-4.1%) | 0.00 | 280 |
| 2018-09-01 | $228,750 (0.1%) | $310,616 (-1.9%) | 0.00 | 275 |
| 2018-10-01 | $225,125 (-5.0%) | $307,914 (-4.0%) | 0.00 | 270 |
| 2018-11-01 | $206,950 (-11.7%) | $304,152 (-5.6%) | 0.00 | 254 |
| 2018-12-01 | $199,900 (-13.5%) | $302,074 (-8.5%) | 0.00 | 253 |
| 2019-01-01 | $193,450 (-15.7%) | $289,974 (-12.8%) | 0.00 | 242 |
| 2019-02-01 | $210,000 (-8.1%) | $313,738 (-4.9%) | 0.00 | 227 |
| 2019-03-01 | $232,757 (1.4%) | $337,184 (5.2%) | 0.00 | 219 |
| 2019-04-01 | $249,700 (10.1%) | $364,379 (14.0%) | 0.00 | 217 |
| 2019-05-01 | $249,900 (0.4%) | $358,377 (6.5%) | 0.00 | 221 |
| 2019-06-01 | $255,450 (2.2%) | $360,506 (0.9%) | 0.00 | 237 |
| 2019-07-01 | $250,000 (8.7%) | $346,338 (7.5%) | 0.00 | 243 |
| 2019-08-01 | $249,973 (13.7%) | $347,423 (15.6%) | 0.00 | 241 |
| 2019-09-01 | $249,932 (9.3%) | $351,142 (13.1%) | 0.00 | 237 |
| 2019-10-01 | $252,455 (12.1%) | $360,619 (17.1%) | 0.00 | 226 |
| 2019-11-01 | $259,000 (25.2%) | $374,315 (23.1%) | 0.00 | 206 |
| 2019-12-01 | $257,000 (28.6%) | $373,666 (23.7%) | 0.00 | 182 |
| 2020-01-01 | $249,225 (28.8%) | $359,620 (24.0%) | 0.00 | 170 |
| 2020-02-01 | $249,000 (18.6%) | $351,821 (12.1%) | 0.00 | 162 |
| 2020-03-01 | $287,400 (23.5%) | $385,481 (14.3%) | 0.00 | 146 |
| 2020-04-01 | $299,000 (19.7%) | $391,937 (7.6%) | 0.00 | 152 |
| 2020-05-01 | $323,200 (29.3%) | $401,999 (12.2%) | 0.00 | 131 |
| 2020-06-01 | $349,450 (36.8%) | $425,487 (18.0%) | 0.00 | 124 |
| 2020-07-01 | $349,900 (40.0%) | $477,836 (38.0%) | 0.00 | 117 |
| 2020-08-01 | $379,450 (51.8%) | $497,573 (43.2%) | 0.00 | 96 |
| 2020-09-01 | $357,175 (42.9%) | $472,968 (34.7%) | 0.00 | 97 |
| 2020-10-01 | $334,900 (32.7%) | $450,068 (24.8%) | 0.00 | 98 |
| 2020-11-01 | $353,200 (36.4%) | $463,519 (23.8%) | 0.00 | 89 |
| 2020-12-01 | $379,225 (47.6%) | $473,684 (26.8%) | 0.00 | 73 |
| 2021-01-01 | $384,900 (54.4%) | $487,261 (35.5%) | 0.00 | 63 |
| 2021-02-01 | $385,950 (55.0%) | $493,629 (40.3%) | 0.00 | 53 |
| 2021-03-01 | $386,950 (34.6%) | $483,873 (25.5%) | 0.00 | 42 |
| 2021-04-01 | $301,175 (0.7%) | $370,836 (-5.4%) | 0.00 | 50 |
| 2021-05-01 | $349,900 (8.3%) | $388,552 (-3.4%) | 0.00 | 48 |
| 2021-06-01 | $299,000 (-14.4%) | $390,213 (-8.3%) | 0.00 | 63 |
| 2021-07-01 | $299,900 (-14.3%) | $412,383 (-13.7%) | 0.00 | 64 |
| 2021-08-01 | $287,050 (-24.4%) | $428,128 (-14.0%) | 0.00 | 64 |
| 2021-09-01 | $293,200 (-17.9%) | $462,220 (-2.3%) | 0.00 | 72 |
| 2021-10-01 | $288,800 (-13.8%) | $459,750 (2.2%) | 0.00 | 78 |
| 2021-11-01 | $270,000 (-23.6%) | $465,551 (0.4%) | 0.00 | 75 |
| 2021-12-01 | $277,450 (-26.8%) | $461,052 (-2.7%) | 0.00 | 68 |
| 2022-01-01 | $279,450 (-27.4%) | $460,953 (-5.4%) | 0.00 | 53 |
| 2022-02-01 | $259,900 (-32.7%) | $476,536 (-3.5%) | 0.00 | 46 |
| 2022-03-01 | $250,425 (-35.3%) | $486,932 (0.6%) | 0.00 | 40 |
| 2022-04-01 | $294,450 (-2.2%) | $517,978 (39.7%) | 0.00 | 43 |
| 2022-05-01 | $398,475 (13.9%) | $532,304 (37.0%) | 0.00 | 58 |
| 2022-06-01 | $377,350 (26.2%) | $521,863 (33.7%) | 0.00 | 67 |
| 2022-07-01 | $345,000 (15.0%) | $442,993 (7.4%) | 0.00 | 74 |
| 2022-08-01 | $349,450 (21.7%) | $452,485 (5.7%) | 0.00 | 71 |
| 2022-09-01 | $337,000 (14.9%) | $474,883 (2.7%) | 0.00 | 69 |
| 2022-10-01 | $329,900 (14.2%) | $494,628 (7.6%) | 0.00 | 68 |
| 2022-11-01 | $343,975 (27.4%) | $520,659 (11.8%) | 0.00 | 67 |
| 2022-12-01 | $299,250 (7.9%) | $505,675 (9.7%) | 0.00 | 62 |
| 2023-01-01 | $340,495 (21.8%) | $470,266 (2.0%) | 0.00 | 49 |
| 2023-02-01 | $349,975 (34.7%) | $452,499 (-5.0%) | 0.00 | 50 |
| 2023-03-01 | $311,250 (24.3%) | $430,535 (-11.6%) | 0.00 | 49 |
| 2023-04-01 | $349,000 (18.5%) | $447,006 (-13.7%) | 0.00 | 58 |
| 2023-05-01 | $380,000 (-4.6%) | $1,043,739 (96.1%) | 0.00 | 72 |
| 2023-06-01 | $353,500 (-6.3%) | $1,614,882 (209.5%) | 0.00 | 76 |
| 2023-07-01 | $380,000 (10.1%) | $1,553,502 (250.7%) | 0.00 | 86 |
| 2023-08-01 | $364,725 (4.4%) | $1,463,251 (223.4%) | 0.00 | 90 |
| 2023-09-01 | $380,000 (12.8%) | $1,601,835 (237.3%) | 0.00 | 79 |
| 2023-10-01 | $396,500 (20.2%) | $1,543,245 (212.0%) | 0.00 | 90 |
| 2023-11-01 | $380,000 (10.5%) | $1,603,022 (207.9%) | 0.00 | 82 |
| 2023-12-01 | $380,000 (27.0%) | $1,670,868 (230.4%) | 0.00 | 79 |
| 2024-01-01 | $356,200 (4.6%) | $1,663,915 (253.8%) | 0.00 | 79 |
| 2024-02-01 | $378,500 (8.2%) | $1,698,515 (275.4%) | 0.00 | 76 |
| 2024-03-01 | $374,500 (20.3%) | $1,664,598 (286.6%) | 0.00 | 74 |
North Wilkesboro's median listing price comes in at 0% of the national average.
North Wilkesboro's average listing price for 2024-03-01 was $1,664,598, a difference of $1,234,063 (286.6%) versus the prior year and $-33,917 versus the prior month.
For the 2024-03-01 period, North Wilkesboro had 74 MLS listings, a difference of -2 listings (-3%) versus the prior month and 25 listings (51%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - North Wilkesboro (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,904 sqft |
| 2018-02-01 | 0 days | 1,968 sqft |
| 2018-03-01 | 0 days | 1,957 sqft |
| 2018-04-01 | 0 days | 1,975 sqft |
| 2018-05-01 | 0 days | 2,067 sqft |
| 2018-06-01 | 0 days | 2,166 sqft |
| 2018-07-01 | 0 days | 2,154 sqft |
| 2018-08-01 | 0 days | 2,174 sqft |
| 2018-09-01 | 0 days | 2,154 sqft |
| 2018-10-01 | 0 days | 2,158 sqft |
| 2018-11-01 | 0 days | 2,091 sqft |
| 2018-12-01 | 0 days | 2,141 sqft |
| 2019-01-01 | 0 days | 2,040 sqft |
| 2019-02-01 | 0 days | 2,111 sqft |
| 2019-03-01 | 0 days | 2,185 sqft |
| 2019-04-01 | 0 days | 2,264 sqft |
| 2019-05-01 | 0 days | 2,138 sqft |
| 2019-06-01 | 0 days | 2,154 sqft |
| 2019-07-01 | 0 days | 2,163 sqft |
| 2019-08-01 | 0 days | 2,152 sqft |
| 2019-09-01 | 0 days | 2,131 sqft |
| 2019-10-01 | 0 days | 2,137 sqft |
| 2019-11-01 | 0 days | 2,270 sqft |
| 2019-12-01 | 0 days | 2,478 sqft |
| 2020-01-01 | 0 days | 2,412 sqft |
| 2020-02-01 | 0 days | 2,364 sqft |
| 2020-03-01 | 0 days | 2,485 sqft |
| 2020-04-01 | 0 days | 2,460 sqft |
| 2020-05-01 | 0 days | 2,264 sqft |
| 2020-06-01 | 0 days | 2,081 sqft |
| 2020-07-01 | 0 days | 2,071 sqft |
| 2020-08-01 | 0 days | 2,040 sqft |
| 2020-09-01 | 0 days | 2,024 sqft |
| 2020-10-01 | 0 days | 2,008 sqft |
| 2020-11-01 | 0 days | 2,118 sqft |
| 2020-12-01 | 0 days | 2,221 sqft |
| 2021-01-01 | 0 days | 2,425 sqft |
| 2021-02-01 | 0 days | 2,003 sqft |
| 2021-03-01 | 0 days | 2,098 sqft |
| 2021-04-01 | 0 days | 1,960 sqft |
| 2021-05-01 | 0 days | 1,872 sqft |
| 2021-06-01 | 0 days | 1,836 sqft |
| 2021-07-01 | 0 days | 1,684 sqft |
| 2021-08-01 | 0 days | 1,872 sqft |
| 2021-09-01 | 0 days | 2,000 sqft |
| 2021-10-01 | 0 days | 1,935 sqft |
| 2021-11-01 | 0 days | 2,067 sqft |
| 2021-12-01 | 0 days | 2,172 sqft |
| 2022-01-01 | 0 days | 2,320 sqft |
| 2022-02-01 | 0 days | 2,460 sqft |
| 2022-03-01 | 0 days | 2,151 sqft |
| 2022-04-01 | 0 days | 2,563 sqft |
| 2022-05-01 | 0 days | 2,200 sqft |
| 2022-06-01 | 0 days | 2,308 sqft |
| 2022-07-01 | 0 days | 2,218 sqft |
| 2022-08-01 | 0 days | 2,036 sqft |
| 2022-09-01 | 0 days | 1,893 sqft |
| 2022-10-01 | 0 days | 2,039 sqft |
| 2022-11-01 | 0 days | 2,364 sqft |
| 2022-12-01 | 0 days | 1,844 sqft |
| 2023-01-01 | 0 days | 1,701 sqft |
| 2023-02-01 | 0 days | 1,768 sqft |
| 2023-03-01 | 0 days | 1,768 sqft |
| 2023-04-01 | 0 days | 1,920 sqft |
| 2023-05-01 | 0 days | 1,932 sqft |
| 2023-06-01 | 0 days | 2,005 sqft |
| 2023-07-01 | 0 days | 2,128 sqft |
| 2023-08-01 | 0 days | 2,011 sqft |
| 2023-09-01 | 0 days | 2,005 sqft |
| 2023-10-01 | 0 days | 2,019 sqft |
| 2023-11-01 | 0 days | 2,026 sqft |
| 2023-12-01 | 0 days | 2,005 sqft |
| 2024-01-01 | 0 days | 2,005 sqft |
| 2024-02-01 | 0 days | 2,123 sqft |
| 2024-03-01 | 0 days | 2,005 sqft |
North Wilkesboro's median square footage for active listings during the 2024-03-01 period was 2,005 sqft. One year prior, the average listing was 1,768 sqft.