North Wilkesboro VA Loan Rates, Closing Costs & Stats

North Wilkesboro, NC

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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.

    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 6.3% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    North Wilkesboro's average VA mortgage closing costs are $5,083.

    The average rate for the prior week (2025-02-07) was 6.43% and one month ago for the week of 2025-01-10, the average rate was 6.47%.

    The average rate one year ago was 6.49%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.53%.

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

    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 $230,175 (5.5%) $331,965 (4.5%) 0.00 216
    2018-02-01 $229,000 (6.2%) $329,462 (4.4%) 0.00 221
    2018-03-01 $229,900 (4.0%) $320,161 (0.3%) 0.00 221
    2018-04-01 $227,750 (1.2%) $319,302 (-2.5%) 0.00 222
    2018-05-01 $249,000 (16.0%) $336,036 (5.7%) 0.00 229
    2018-06-01 $249,950 (26.1%) $356,771 (15.4%) 0.00 241
    2018-07-01 $229,700 (14.9%) $321,902 (3.3%) 0.00 265
    2018-08-01 $219,900 (-3.6%) $300,279 (-4.2%) 0.00 281
    2018-09-01 $229,000 (0.0%) $310,329 (-2.0%) 0.00 276
    2018-10-01 $227,375 (-4.9%) $307,626 (-3.9%) 0.00 271
    2018-11-01 $209,450 (-10.9%) $305,083 (-5.1%) 0.00 256
    2018-12-01 $199,900 (-14.9%) $303,165 (-8.0%) 0.00 254
    2019-01-01 $194,575 (-15.5%) $291,049 (-12.3%) 0.00 243
    2019-02-01 $212,450 (-7.2%) $314,892 (-4.4%) 0.00 228
    2019-03-01 $232,786 (1.3%) $337,834 (5.5%) 0.00 220
    2019-04-01 $249,800 (9.7%) $364,153 (14.1%) 0.00 218
    2019-05-01 $249,900 (0.4%) $358,440 (6.7%) 0.00 222
    2019-06-01 $255,450 (2.2%) $360,506 (1.1%) 0.00 237
    2019-07-01 $249,950 (8.8%) $345,908 (7.5%) 0.00 243
    2019-08-01 $249,936 (13.7%) $346,544 (15.4%) 0.00 242
    2019-09-01 $249,916 (9.1%) $350,234 (12.9%) 0.00 238
    2019-10-01 $252,452 (11.0%) $359,624 (16.9%) 0.00 227
    2019-11-01 $257,000 (22.7%) $373,178 (22.3%) 0.00 207
    2019-12-01 $255,725 (27.9%) $372,316 (22.8%) 0.00 183
    2020-01-01 $249,225 (28.1%) $359,256 (23.4%) 0.00 170
    2020-02-01 $249,000 (17.2%) $351,821 (11.7%) 0.00 163
    2020-03-01 $287,175 (23.4%) $384,494 (13.8%) 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 (38.1%) 0.00 117
    2020-08-01 $379,450 (51.8%) $497,573 (43.6%) 0.00 96
    2020-09-01 $361,950 (44.8%) $474,218 (35.4%) 0.00 96
    2020-10-01 $334,900 (32.7%) $450,442 (25.3%) 0.00 98
    2020-11-01 $353,200 (37.4%) $463,519 (24.2%) 0.00 89
    2020-12-01 $379,225 (48.3%) $473,684 (27.2%) 0.00 72
    2021-01-01 $384,900 (54.4%) $486,179 (35.3%) 0.00 63
    2021-02-01 $382,175 (53.5%) $491,981 (39.8%) 0.00 54
    2021-03-01 $386,950 (34.7%) $483,873 (25.9%) 0.00 42
    2021-04-01 $299,900 (0.3%) $370,173 (-5.6%) 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 (-19.0%) $462,220 (-2.5%) 0.00 72
    2021-10-01 $288,800 (-13.8%) $459,750 (2.1%) 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%) $467,396 (-3.9%) 0.00 53
    2022-02-01 $264,900 (-30.7%) $494,308 (0.5%) 0.00 46
    2022-03-01 $250,425 (-35.3%) $486,932 (0.6%) 0.00 40
    2022-04-01 $294,450 (-1.8%) $517,978 (39.9%) 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 (0.6%) 0.00 49
    2023-02-01 $349,975 (32.1%) $452,499 (-8.5%) 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 $353,725 (-6.3%) $1,622,667 (210.9%) 0.00 75
    2023-07-01 $380,000 (10.1%) $1,553,502 (250.7%) 0.00 85
    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
    2024-04-01 $350,000 (0.3%) $515,265 (15.3%) 0.00 74
    2024-05-01 $399,450 (5.1%) $589,304 (-43.5%) 0.00 82
    2024-06-01 $409,900 (15.9%) $588,165 (-63.8%) 0.00 97
    2024-07-01 $419,925 (10.5%) $608,270 (-60.9%) 0.00 110
    2024-08-01 $389,900 (6.9%) $602,131 (-58.9%) 0.00 115
    2024-09-01 $412,400 (8.5%) $632,289 (-60.5%) 0.00 119
    2024-10-01 $399,200 (0.7%) $610,820 (-60.4%) 0.00 125
    2024-11-01 $375,000 (-1.3%) $579,301 (-63.9%) 0.00 132
    2024-12-01 $353,725 (-6.9%) $569,367 (-65.9%) 0.00 126
    2025-01-01 $349,950 (-1.8%) $577,798 (-65.3%) 0.00 121
    North Wilkesboro's median listing price for 2025-01-01 was $349,950, a difference of $-6,250 (-1.8%) versus the prior year and $-3,775 versus the prior month.

    North Wilkesboro's median listing price comes in at 0% of the national average.

    North Wilkesboro's average listing price for 2025-01-01 was $577,798, a difference of $-1,086,117 (-65.3%) versus the prior year and $8,431 versus the prior month.

    For the 2025-01-01 period, North Wilkesboro had 121 MLS listings, a difference of -5 listings (-4%) versus the prior month and 42 listings (53%) 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 1,876 sqft
    2018-02-01 0 days 1,968 sqft
    2018-03-01 0 days 1,953 sqft
    2018-04-01 0 days 1,975 sqft
    2018-05-01 0 days 2,067 sqft
    2018-06-01 0 days 2,154 sqft
    2018-07-01 0 days 2,148 sqft
    2018-08-01 0 days 2,170 sqft
    2018-09-01 0 days 2,142 sqft
    2018-10-01 0 days 2,156 sqft
    2018-11-01 0 days 2,092 sqft
    2018-12-01 0 days 2,142 sqft
    2019-01-01 0 days 2,041 sqft
    2019-02-01 0 days 2,114 sqft
    2019-03-01 0 days 2,071 sqft
    2019-04-01 0 days 2,008 sqft
    2019-05-01 0 days 2,024 sqft
    2019-06-01 0 days 2,024 sqft
    2019-07-01 0 days 2,019 sqft
    2019-08-01 0 days 1,987 sqft
    2019-09-01 0 days 1,975 sqft
    2019-10-01 0 days 2,000 sqft
    2019-11-01 0 days 2,109 sqft
    2019-12-01 0 days 2,184 sqft
    2020-01-01 0 days 2,060 sqft
    2020-02-01 0 days 2,060 sqft
    2020-03-01 0 days 2,203 sqft
    2020-04-01 0 days 2,194 sqft
    2020-05-01 0 days 2,104 sqft
    2020-06-01 0 days 2,120 sqft
    2020-07-01 0 days 2,091 sqft
    2020-08-01 0 days 2,063 sqft
    2020-09-01 0 days 2,040 sqft
    2020-10-01 0 days 1,951 sqft
    2020-11-01 0 days 1,989 sqft
    2020-12-01 0 days 2,088 sqft
    2021-01-01 0 days 2,206 sqft
    2021-02-01 0 days 1,939 sqft
    2021-03-01 0 days 1,903 sqft
    2021-04-01 0 days 1,681 sqft
    2021-05-01 0 days 1,584 sqft
    2021-06-01 0 days 1,687 sqft
    2021-07-01 0 days 1,695 sqft
    2021-08-01 0 days 1,781 sqft
    2021-09-01 0 days 1,779 sqft
    2021-10-01 0 days 1,800 sqft
    2021-11-01 0 days 1,796 sqft
    2021-12-01 0 days 1,797 sqft
    2022-01-01 0 days 1,982 sqft
    2022-02-01 0 days 1,882 sqft
    2022-03-01 0 days 1,830 sqft
    2022-04-01 0 days 1,898 sqft
    2022-05-01 0 days 2,002 sqft
    2022-06-01 0 days 2,033 sqft
    2022-07-01 0 days 1,826 sqft
    2022-08-01 0 days 2,017 sqft
    2022-09-01 0 days 1,854 sqft
    2022-10-01 0 days 1,892 sqft
    2022-11-01 0 days 1,972 sqft
    2022-12-01 0 days 1,869 sqft
    2023-01-01 0 days 1,786 sqft
    2023-02-01 0 days 1,888 sqft
    2023-03-01 0 days 1,768 sqft
    2023-04-01 0 days 1,944 sqft
    2023-05-01 0 days 2,005 sqft
    2023-06-01 0 days 1,873 sqft
    2023-07-01 0 days 2,005 sqft
    2023-08-01 0 days 2,005 sqft
    2023-09-01 0 days 2,005 sqft
    2023-10-01 0 days 2,005 sqft
    2023-11-01 0 days 2,005 sqft
    2023-12-01 0 days 1,963 sqft
    2024-01-01 0 days 2,005 sqft
    2024-02-01 0 days 2,093 sqft
    2024-03-01 0 days 2,005 sqft
    2024-04-01 0 days 1,987 sqft
    2024-05-01 0 days 2,299 sqft
    2024-06-01 0 days 2,019 sqft
    2024-07-01 0 days 1,800 sqft
    2024-08-01 0 days 1,847 sqft
    2024-09-01 0 days 2,022 sqft
    2024-10-01 0 days 2,066 sqft
    2024-11-01 0 days 2,076 sqft
    2024-12-01 0 days 2,113 sqft
    2025-01-01 0 days 2,174 sqft
    North Wilkesboro's median listing age (time on market) for 2025-01-01 was 0 days.

    North Wilkesboro's median square footage for active listings during the 2025-01-01 period was 2,174 sqft. One year prior, the average listing was 2,005 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.