Oneonta VA Loan Rates, Closing Costs & Stats

Oneonta, NY

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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.

    Oneonta's 11 lenders originated 21 VA loans during 2023. The total origination value was $5,135,000, with an average VA loan value of $244,524.

    Oneonta VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Oneonta averaged 6.76% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Oneonta's average VA mortgage closing costs are $5,247.

    The average rate for the prior week (2025-02-07) was 6.8% and one month ago for the week of 2025-01-10, the average rate was 6.64%.

    The average rate one year ago was 6.56%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.63%.

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

    Oneonta 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 Oneonta level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 5 6.72% $7,785
    QUICKEN LOANS, LLC 3 6.91% $13,787
    UNITED WHOLESALE MORTGAGE, LLC 3 7.04% $6,317
    HOMESTEAD FUNDING CORP. 2 6.81% $7,526
    M&T Bank 1 6.25% $8,984
    NAVY FEDERAL CREDIT UNION 1 5.38% $5,739
    Premium Mortgage Corporation 1 6.50% $3,563
    MOVEMENT MORTGAGE, LLC 1 7.75% $4,399
    HUNT MORTGAGE CORPORATION 1 7.13% $675
    LOANDEPOT.COM, LLC 1 6.25% $18,547
    Equity Prime Mortgage LLC 1 7.25% $3,978

    The top Oneonta VA lender as defined by loan originations is Mortgage Research Center, LLC, with 5 VA loans originated. Their average total fees are $7,785, which is $6,002 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Oneonta VA lenders (with over 10 loans originated) are .

    The lowest rate Oneonta VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Oneonta (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 $179,000 (15.9%) $304,360 (14.3%) 0.00 450
    2018-02-01 $177,000 (16.9%) $314,885 (20.9%) 0.00 435
    2018-03-01 $179,900 (18.2%) $308,194 (13.8%) 0.00 422
    2018-04-01 $179,900 (12.5%) $306,873 (11.3%) 0.00 416
    2018-05-01 $179,900 (12.5%) $307,794 (12.1%) 0.00 446
    2018-06-01 $189,000 (15.0%) $321,069 (11.3%) 0.00 495
    2018-07-01 $183,250 (8.1%) $329,878 (12.7%) 0.00 524
    2018-08-01 $188,750 (11.4%) $330,541 (11.8%) 0.00 529
    2018-09-01 $188,000 (7.4%) $332,162 (8.7%) 0.00 524
    2018-10-01 $185,000 (4.5%) $339,682 (12.9%) 0.00 505
    2018-11-01 $189,850 (4.8%) $347,135 (11.9%) 0.00 467
    2018-12-01 $189,450 (5.3%) $346,828 (12.4%) 0.00 436
    2019-01-01 $189,900 (6.1%) $351,709 (15.6%) 0.00 392
    2019-02-01 $199,200 (12.5%) $358,254 (13.8%) 0.00 393
    2019-03-01 $208,471 (15.9%) $358,871 (16.4%) 0.00 404
    2019-04-01 $221,175 (22.9%) $357,752 (16.6%) 0.00 425
    2019-05-01 $221,150 (22.9%) $349,257 (13.5%) 0.00 455
    2019-06-01 $225,000 (19.1%) $341,981 (6.5%) 0.00 488
    2019-07-01 $229,000 (25.0%) $351,727 (6.6%) 0.00 502
    2019-08-01 $213,736 (13.2%) $333,211 (0.8%) 0.00 522
    2019-09-01 $205,841 (9.5%) $317,463 (-4.4%) 0.00 514
    2019-10-01 $199,800 (8.0%) $306,367 (-9.8%) 0.00 505
    2019-11-01 $199,900 (5.3%) $316,576 (-8.8%) 0.00 438
    2019-12-01 $185,625 (-2.0%) $308,938 (-10.9%) 0.00 393
    2020-01-01 $182,000 (-4.2%) $301,439 (-14.3%) 0.00 366
    2020-02-01 $186,350 (-6.5%) $302,161 (-15.7%) 0.00 350
    2020-03-01 $189,000 (-9.3%) $311,786 (-13.1%) 0.00 338
    2020-04-01 $189,450 (-14.3%) $311,992 (-12.8%) 0.00 330
    2020-05-01 $189,900 (-14.1%) $313,549 (-10.2%) 0.00 327
    2020-06-01 $192,500 (-14.4%) $323,868 (-5.3%) 0.00 347
    2020-07-01 $194,725 (-15.0%) $333,337 (-5.2%) 0.00 346
    2020-08-01 $195,000 (-8.8%) $317,409 (-4.7%) 0.00 346
    2020-09-01 $202,975 (-1.4%) $320,604 (1.0%) 0.00 332
    2020-10-01 $219,000 (9.6%) $328,279 (7.2%) 0.00 321
    2020-11-01 $189,222 (-5.3%) $320,396 (1.2%) 0.00 303
    2020-12-01 $189,891 (2.3%) $318,352 (3.1%) 0.00 283
    2021-01-01 $183,750 (1.0%) $316,267 (4.9%) 0.00 233
    2021-02-01 $189,000 (1.4%) $334,875 (10.8%) 0.00 211
    2021-03-01 $202,500 (7.1%) $374,047 (20.0%) 0.00 192
    2021-04-01 $214,975 (13.5%) $374,897 (20.2%) 0.00 183
    2021-05-01 $249,000 (31.1%) $397,469 (26.8%) 0.00 187
    2021-06-01 $249,950 (29.8%) $380,588 (17.5%) 0.00 228
    2021-07-01 $262,400 (34.8%) $385,760 (15.7%) 0.00 254
    2021-08-01 $259,625 (33.1%) $392,090 (23.5%) 0.00 270
    2021-09-01 $249,925 (23.1%) $384,034 (19.8%) 0.00 263
    2021-10-01 $239,950 (9.6%) $367,968 (12.1%) 0.00 247
    2021-11-01 $249,250 (31.7%) $372,653 (16.3%) 0.00 220
    2021-12-01 $251,250 (32.3%) $366,530 (15.1%) 0.00 190
    2022-01-01 $245,000 (33.3%) $346,468 (9.6%) 0.00 158
    2022-02-01 $255,350 (35.1%) $395,652 (18.2%) 0.00 139
    2022-03-01 $259,900 (28.4%) $418,489 (11.9%) 0.00 133
    2022-04-01 $282,450 (31.4%) $427,781 (14.1%) 0.00 133
    2022-05-01 $288,700 (15.9%) $406,595 (2.3%) 0.00 167
    2022-06-01 $296,975 (18.8%) $411,247 (8.1%) 0.00 199
    2022-07-01 $268,500 (2.3%) $438,367 (13.6%) 0.00 227
    2022-08-01 $284,450 (9.6%) $457,214 (16.6%) 0.00 213
    2022-09-01 $279,950 (12.0%) $436,298 (13.6%) 0.00 203
    2022-10-01 $269,200 (12.2%) $435,543 (18.4%) 0.00 191
    2022-11-01 $266,000 (6.7%) $432,026 (15.9%) 0.00 171
    2022-12-01 $225,500 (-10.3%) $405,332 (10.6%) 0.00 162
    2023-01-01 $260,000 (6.1%) $436,842 (26.1%) 0.00 135
    2023-02-01 $254,500 (-0.3%) $418,096 (5.7%) 0.00 134
    2023-03-01 $249,000 (-4.2%) $407,539 (-2.6%) 0.00 146
    2023-04-01 $249,900 (-11.5%) $387,577 (-9.4%) 0.00 148
    2023-05-01 $294,475 (2.0%) $420,194 (3.3%) 0.00 149
    2023-06-01 $299,600 (0.9%) $424,545 (3.2%) 0.00 159
    2023-07-01 $299,000 (11.4%) $409,576 (-6.6%) 0.00 163
    2023-08-01 $279,900 (-1.6%) $378,942 (-17.1%) 0.00 175
    2023-09-01 $292,000 (4.3%) $405,316 (-7.1%) 0.00 188
    2023-10-01 $281,200 (4.5%) $396,103 (-9.1%) 0.00 185
    2023-11-01 $279,500 (5.1%) $387,854 (-10.2%) 0.00 173
    2023-12-01 $280,000 (24.2%) $396,903 (-2.1%) 0.00 151
    2024-01-01 $281,950 (8.4%) $402,874 (-7.8%) 0.00 141
    2024-02-01 $264,225 (3.8%) $384,926 (-7.9%) 0.00 135
    2024-03-01 $275,000 (10.4%) $393,013 (-3.6%) 0.00 138
    2024-04-01 $283,725 (13.5%) $423,583 (9.3%) 0.00 134
    2024-05-01 $312,000 (6.0%) $479,776 (14.2%) 0.00 145
    2024-06-01 $299,000 (-0.2%) $468,216 (10.3%) 0.00 160
    2024-07-01 $299,000 (0.0%) $461,862 (12.8%) 0.00 177
    2024-08-01 $312,000 (11.5%) $482,892 (27.4%) 0.00 186
    2024-09-01 $293,125 (0.4%) $474,716 (17.1%) 0.00 179
    2024-10-01 $292,875 (4.2%) $487,083 (23.0%) 0.00 182
    2024-11-01 $299,000 (7.0%) $486,775 (25.5%) 0.00 171
    2024-12-01 $282,600 (0.9%) $478,015 (20.4%) 0.00 151
    2025-01-01 $279,975 (-0.7%) $458,904 (13.9%) 0.00 134
    Oneonta's median listing price for 2025-01-01 was $279,975, a difference of $-1,975 (-0.7%) versus the prior year and $-2,625 versus the prior month.

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

    Oneonta's average listing price for 2025-01-01 was $458,904, a difference of $56,030 (13.9%) versus the prior year and $-19,111 versus the prior month.

    For the 2025-01-01 period, Oneonta had 134 MLS listings, a difference of -17 listings (-11%) versus the prior month and -7 listings (-5%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Oneonta (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,865 sqft
    2018-02-01 0 days 1,889 sqft
    2018-03-01 0 days 1,899 sqft
    2018-04-01 0 days 1,881 sqft
    2018-05-01 0 days 1,876 sqft
    2018-06-01 0 days 1,878 sqft
    2018-07-01 0 days 1,832 sqft
    2018-08-01 0 days 1,867 sqft
    2018-09-01 0 days 1,870 sqft
    2018-10-01 0 days 1,851 sqft
    2018-11-01 0 days 1,890 sqft
    2018-12-01 0 days 1,884 sqft
    2019-01-01 0 days 1,850 sqft
    2019-02-01 0 days 1,801 sqft
    2019-03-01 0 days 1,841 sqft
    2019-04-01 0 days 1,898 sqft
    2019-05-01 0 days 1,897 sqft
    2019-06-01 0 days 1,900 sqft
    2019-07-01 0 days 1,909 sqft
    2019-08-01 0 days 1,898 sqft
    2019-09-01 0 days 1,899 sqft
    2019-10-01 0 days 1,900 sqft
    2019-11-01 0 days 1,894 sqft
    2019-12-01 0 days 1,816 sqft
    2020-01-01 0 days 1,824 sqft
    2020-02-01 0 days 1,840 sqft
    2020-03-01 0 days 1,860 sqft
    2020-04-01 0 days 1,866 sqft
    2020-05-01 0 days 1,919 sqft
    2020-06-01 0 days 1,937 sqft
    2020-07-01 0 days 1,943 sqft
    2020-08-01 0 days 1,920 sqft
    2020-09-01 0 days 1,938 sqft
    2020-10-01 0 days 1,898 sqft
    2020-11-01 0 days 1,800 sqft
    2020-12-01 0 days 1,800 sqft
    2021-01-01 0 days 1,796 sqft
    2021-02-01 0 days 1,805 sqft
    2021-03-01 0 days 1,851 sqft
    2021-04-01 0 days 1,835 sqft
    2021-05-01 0 days 1,820 sqft
    2021-06-01 0 days 2,000 sqft
    2021-07-01 0 days 1,942 sqft
    2021-08-01 0 days 1,970 sqft
    2021-09-01 0 days 1,960 sqft
    2021-10-01 0 days 1,908 sqft
    2021-11-01 0 days 2,000 sqft
    2021-12-01 0 days 1,965 sqft
    2022-01-01 0 days 1,900 sqft
    2022-02-01 0 days 1,998 sqft
    2022-03-01 0 days 2,012 sqft
    2022-04-01 0 days 2,074 sqft
    2022-05-01 0 days 1,893 sqft
    2022-06-01 0 days 1,910 sqft
    2022-07-01 0 days 1,844 sqft
    2022-08-01 0 days 1,870 sqft
    2022-09-01 0 days 1,874 sqft
    2022-10-01 0 days 1,930 sqft
    2022-11-01 0 days 1,824 sqft
    2022-12-01 0 days 1,751 sqft
    2023-01-01 0 days 1,931 sqft
    2023-02-01 0 days 1,946 sqft
    2023-03-01 0 days 1,931 sqft
    2023-04-01 0 days 1,889 sqft
    2023-05-01 0 days 1,910 sqft
    2023-06-01 0 days 1,949 sqft
    2023-07-01 0 days 1,932 sqft
    2023-08-01 0 days 1,862 sqft
    2023-09-01 0 days 1,904 sqft
    2023-10-01 0 days 1,856 sqft
    2023-11-01 0 days 1,876 sqft
    2023-12-01 0 days 1,892 sqft
    2024-01-01 0 days 1,889 sqft
    2024-02-01 0 days 1,883 sqft
    2024-03-01 0 days 1,852 sqft
    2024-04-01 0 days 1,831 sqft
    2024-05-01 0 days 1,969 sqft
    2024-06-01 0 days 1,960 sqft
    2024-07-01 0 days 1,885 sqft
    2024-08-01 0 days 1,908 sqft
    2024-09-01 0 days 1,903 sqft
    2024-10-01 0 days 1,906 sqft
    2024-11-01 0 days 1,900 sqft
    2024-12-01 0 days 1,882 sqft
    2025-01-01 0 days 1,913 sqft
    Oneonta's median listing age (time on market) for 2025-01-01 was 0 days.

    Oneonta's median square footage for active listings during the 2025-01-01 period was 1,913 sqft. One year prior, the average listing was 1,889 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.