Oxford VA Loan Rates, Closing Costs & Stats

Oxford, MS

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Oxford's 13 lenders originated 28 VA loans during 2023. The total origination value was $10,200,000, with an average VA loan value of $364,286.

    Oxford VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Oxford averaged 6.72% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Oxford's average VA mortgage closing costs are $6,267.

    The average rate for the prior week (2025-02-07) was 6.76% and one month ago for the week of 2025-01-10, the average rate was 6.49%.

    The average rate one year ago was 6.72%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.43%.

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

    Oxford 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 Oxford level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 9 6.63% $17,502
    NAVY FEDERAL CREDIT UNION 5 5.75% $5,168
    USAA Federal Savings Bank 3 5.88% $11,823
    PENTAGON FEDERAL CREDIT UNION 1 6.00% $3,585
    Ixonia Bank 1 5.88% $21,085
    Regions Bank 1 5.13% $12,253
    Renasant Bank 1 6.13% $9,832
    TJC Mortgage, Inc. 1 5.25% $8,536
    Trustmark National Bank 1 6.50% $12,263
    UNITED WHOLESALE MORTGAGE, LLC 1 6.88% $5,018
    QUICKEN LOANS, LLC 1 7.49% $15,083
    Magnolia Bank 1 6.63% $30,953
    Mr. Cooper ( Nationstar Mortgage ) 1 5.38% $20,178

    The top Oxford VA lender as defined by loan originations is Mortgage Research Center, LLC, with 9 VA loans originated. Their average total fees are $17,502, which is $12,333 higher than the next largest lender, NAVY FEDERAL CREDIT UNION.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Oxford (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 $298,250 (7.1%) $349,534 (-2.9%) 0.00 429
    2018-02-01 $300,000 (4.9%) $352,253 (-1.3%) 0.00 439
    2018-03-01 $315,000 (6.1%) $364,963 (-0.1%) 0.00 444
    2018-04-01 $316,000 (5.4%) $365,997 (0.2%) 0.00 468
    2018-05-01 $300,000 (-4.8%) $355,333 (-7.0%) 0.00 491
    2018-06-01 $298,000 (-5.4%) $350,446 (-7.8%) 0.00 502
    2018-07-01 $286,950 (-10.1%) $344,989 (-6.9%) 0.00 512
    2018-08-01 $265,450 (-11.4%) $334,965 (-6.2%) 0.00 527
    2018-09-01 $249,000 (-20.3%) $323,656 (-9.6%) 0.00 561
    2018-10-01 $245,000 (-18.5%) $318,277 (-9.4%) 0.00 554
    2018-11-01 $245,400 (-17.9%) $315,572 (-8.4%) 0.00 531
    2018-12-01 $244,950 (-14.9%) $316,155 (-5.3%) 0.00 527
    2019-01-01 $239,950 (-19.6%) $315,441 (-9.8%) 0.00 503
    2019-02-01 $239,900 (-20.0%) $317,637 (-9.8%) 0.00 556
    2019-03-01 $246,286 (-21.8%) $322,370 (-11.7%) 0.00 578
    2019-04-01 $249,536 (-21.0%) $324,818 (-11.3%) 0.00 600
    2019-05-01 $256,975 (-14.3%) $338,031 (-4.9%) 0.00 609
    2019-06-01 $258,200 (-13.4%) $349,645 (-0.2%) 0.00 622
    2019-07-01 $267,250 (-6.9%) $361,120 (4.7%) 0.00 631
    2019-08-01 $267,791 (0.9%) $366,247 (9.3%) 0.00 592
    2019-09-01 $271,227 (8.9%) $373,845 (15.5%) 0.00 538
    2019-10-01 $274,400 (12.0%) $376,025 (18.1%) 0.00 505
    2019-11-01 $265,000 (8.0%) $373,860 (18.5%) 0.00 490
    2019-12-01 $249,450 (1.8%) $358,966 (13.5%) 0.00 441
    2020-01-01 $247,225 (3.0%) $365,152 (15.8%) 0.00 415
    2020-02-01 $249,900 (4.2%) $367,692 (15.8%) 0.00 464
    2020-03-01 $245,250 (-0.4%) $358,911 (11.3%) 0.00 478
    2020-04-01 $248,625 (-0.4%) $356,588 (9.8%) 0.00 481
    2020-05-01 $249,900 (-2.8%) $365,182 (8.0%) 0.00 490
    2020-06-01 $239,950 (-7.1%) $354,875 (1.5%) 0.00 516
    2020-07-01 $246,875 (-7.6%) $372,571 (3.2%) 0.00 503
    2020-08-01 $255,000 (-4.8%) $373,206 (1.9%) 0.00 516
    2020-09-01 $262,450 (-3.2%) $371,389 (-0.7%) 0.00 508
    2020-10-01 $265,500 (-3.2%) $390,766 (3.9%) 0.00 500
    2020-11-01 $262,725 (-0.9%) $399,431 (6.8%) 0.00 468
    2020-12-01 $254,675 (2.1%) $373,613 (4.1%) 0.00 460
    2021-01-01 $255,450 (3.3%) $372,122 (1.9%) 0.00 427
    2021-02-01 $274,475 (9.8%) $402,640 (9.5%) 0.00 391
    2021-03-01 $288,475 (17.6%) $412,117 (14.8%) 0.00 366
    2021-04-01 $337,975 (35.9%) $455,875 (27.8%) 0.00 335
    2021-05-01 $374,950 (50.0%) $507,837 (39.1%) 0.00 244
    2021-06-01 $382,000 (59.2%) $513,781 (44.8%) 0.00 245
    2021-07-01 $425,000 (72.2%) $539,541 (44.8%) 0.00 228
    2021-08-01 $402,475 (57.8%) $531,272 (42.4%) 0.00 220
    2021-09-01 $396,500 (51.1%) $540,234 (45.5%) 0.00 218
    2021-10-01 $377,000 (42.0%) $538,481 (37.8%) 0.00 193
    2021-11-01 $379,250 (44.4%) $546,097 (36.7%) 0.00 174
    2021-12-01 $386,975 (52.0%) $553,020 (48.0%) 0.00 144
    2022-01-01 $392,493 (53.7%) $549,417 (47.6%) 0.00 125
    2022-02-01 $461,200 (68.0%) $619,752 (53.9%) 0.00 94
    2022-03-01 $432,450 (49.9%) $590,362 (43.3%) 0.00 110
    2022-04-01 $487,000 (44.1%) $611,358 (34.1%) 0.00 108
    2022-05-01 $414,975 (10.7%) $560,927 (10.5%) 0.00 126
    2022-06-01 $388,875 (1.8%) $539,692 (5.0%) 0.00 150
    2022-07-01 $382,500 (-10.0%) $525,040 (-2.7%) 0.00 183
    2022-08-01 $399,958 (-0.6%) $526,897 (-0.8%) 0.00 174
    2022-09-01 $396,250 (-0.1%) $535,806 (-0.8%) 0.00 166
    2022-10-01 $425,000 (12.7%) $534,543 (-0.7%) 0.00 171
    2022-11-01 $475,000 (25.3%) $552,685 (1.2%) 0.00 159
    2022-12-01 $480,000 (24.0%) $559,310 (1.1%) 0.00 130
    2023-01-01 $462,263 (17.8%) $538,986 (-1.9%) 0.00 140
    2023-02-01 $462,000 (0.2%) $549,352 (-11.4%) 0.00 135
    2023-03-01 $438,250 (1.3%) $525,192 (-11.0%) 0.00 138
    2023-04-01 $447,000 (-8.2%) $531,929 (-13.0%) 0.00 145
    2023-05-01 $433,225 (4.4%) $540,879 (-3.6%) 0.00 138
    2023-06-01 $437,093 (12.4%) $540,875 (0.2%) 0.00 143
    2023-07-01 $445,000 (16.3%) $564,442 (7.5%) 0.00 143
    2023-08-01 $449,950 (12.5%) $559,961 (6.3%) 0.00 164
    2023-09-01 $484,000 (22.2%) $591,373 (10.4%) 0.00 175
    2023-10-01 $485,425 (14.2%) $580,305 (8.6%) 0.00 167
    2023-11-01 $493,331 (3.9%) $593,810 (7.4%) 0.00 168
    2023-12-01 $489,900 (2.1%) $606,693 (8.5%) 0.00 164
    2024-01-01 $440,205 (-4.8%) $592,703 (10.0%) 0.00 190
    2024-02-01 $452,475 (-2.1%) $602,310 (9.6%) 0.00 179
    2024-03-01 $487,250 (11.2%) $620,101 (18.1%) 0.00 167
    2024-04-01 $526,985 (17.9%) $650,568 (22.3%) 0.00 173
    2024-05-01 $510,125 (17.8%) $684,292 (26.5%) 0.00 197
    2024-06-01 $514,900 (17.8%) $683,570 (26.4%) 0.00 220
    2024-07-01 $545,900 (22.7%) $700,162 (24.1%) 0.00 246
    2024-08-01 $525,000 (16.7%) $679,187 (21.3%) 0.00 245
    2024-09-01 $487,425 (0.7%) $661,681 (11.9%) 0.00 241
    2024-10-01 $502,600 (3.5%) $673,435 (16.1%) 0.00 247
    2024-11-01 $480,000 (-2.7%) $633,170 (6.6%) 0.00 257
    2024-12-01 $489,963 (0.0%) $615,127 (1.4%) 0.00 229
    2025-01-01 $488,038 (10.9%) $609,331 (2.8%) 0.00 223
    Oxford's median listing price for 2025-01-01 was $488,038, a difference of $47,833 (10.9%) versus the prior year and $-1,925 versus the prior month.

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

    Oxford's average listing price for 2025-01-01 was $609,331, a difference of $16,628 (2.8%) versus the prior year and $-5,796 versus the prior month.

    For the 2025-01-01 period, Oxford had 223 MLS listings, a difference of -6 listings (-3%) versus the prior month and 33 listings (17%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Oxford (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,899 sqft
    2018-02-01 0 days 1,991 sqft
    2018-03-01 0 days 2,052 sqft
    2018-04-01 0 days 2,046 sqft
    2018-05-01 0 days 2,050 sqft
    2018-06-01 0 days 1,996 sqft
    2018-07-01 0 days 1,994 sqft
    2018-08-01 0 days 1,915 sqft
    2018-09-01 0 days 1,850 sqft
    2018-10-01 0 days 1,841 sqft
    2018-11-01 0 days 1,816 sqft
    2018-12-01 0 days 1,808 sqft
    2019-01-01 0 days 1,796 sqft
    2019-02-01 0 days 1,796 sqft
    2019-03-01 0 days 1,818 sqft
    2019-04-01 0 days 1,832 sqft
    2019-05-01 0 days 1,846 sqft
    2019-06-01 0 days 1,857 sqft
    2019-07-01 0 days 1,862 sqft
    2019-08-01 0 days 1,864 sqft
    2019-09-01 0 days 1,864 sqft
    2019-10-01 0 days 1,866 sqft
    2019-11-01 0 days 1,864 sqft
    2019-12-01 0 days 1,833 sqft
    2020-01-01 0 days 1,842 sqft
    2020-02-01 0 days 1,823 sqft
    2020-03-01 0 days 1,807 sqft
    2020-04-01 0 days 1,817 sqft
    2020-05-01 0 days 1,807 sqft
    2020-06-01 0 days 1,773 sqft
    2020-07-01 0 days 1,800 sqft
    2020-08-01 0 days 1,849 sqft
    2020-09-01 0 days 1,860 sqft
    2020-10-01 0 days 1,858 sqft
    2020-11-01 0 days 1,839 sqft
    2020-12-01 0 days 1,820 sqft
    2021-01-01 0 days 1,859 sqft
    2021-02-01 0 days 1,862 sqft
    2021-03-01 0 days 1,866 sqft
    2021-04-01 0 days 2,022 sqft
    2021-05-01 0 days 2,089 sqft
    2021-06-01 0 days 2,110 sqft
    2021-07-01 0 days 2,195 sqft
    2021-08-01 0 days 2,148 sqft
    2021-09-01 0 days 2,057 sqft
    2021-10-01 0 days 2,049 sqft
    2021-11-01 0 days 2,041 sqft
    2021-12-01 0 days 2,037 sqft
    2022-01-01 0 days 2,009 sqft
    2022-02-01 0 days 2,104 sqft
    2022-03-01 0 days 2,049 sqft
    2022-04-01 0 days 2,260 sqft
    2022-05-01 0 days 2,086 sqft
    2022-06-01 0 days 2,046 sqft
    2022-07-01 0 days 2,009 sqft
    2022-08-01 0 days 2,025 sqft
    2022-09-01 0 days 2,062 sqft
    2022-10-01 0 days 2,054 sqft
    2022-11-01 0 days 2,193 sqft
    2022-12-01 0 days 2,284 sqft
    2023-01-01 0 days 2,094 sqft
    2023-02-01 0 days 2,004 sqft
    2023-03-01 0 days 1,905 sqft
    2023-04-01 0 days 1,925 sqft
    2023-05-01 0 days 1,942 sqft
    2023-06-01 0 days 2,100 sqft
    2023-07-01 0 days 2,100 sqft
    2023-08-01 0 days 2,115 sqft
    2023-09-01 0 days 2,176 sqft
    2023-10-01 0 days 2,155 sqft
    2023-11-01 0 days 2,179 sqft
    2023-12-01 0 days 2,125 sqft
    2024-01-01 0 days 1,970 sqft
    2024-02-01 0 days 1,975 sqft
    2024-03-01 0 days 2,048 sqft
    2024-04-01 0 days 2,135 sqft
    2024-05-01 0 days 2,155 sqft
    2024-06-01 0 days 2,067 sqft
    2024-07-01 0 days 2,200 sqft
    2024-08-01 0 days 2,204 sqft
    2024-09-01 0 days 2,130 sqft
    2024-10-01 0 days 2,099 sqft
    2024-11-01 0 days 1,953 sqft
    2024-12-01 0 days 1,914 sqft
    2025-01-01 0 days 1,919 sqft
    Oxford's median listing age (time on market) for 2025-01-01 was 0 days.

    Oxford's median square footage for active listings during the 2025-01-01 period was 1,919 sqft. One year prior, the average listing was 1,970 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.