Palm Bay VA Loan Rates, Closing Costs & Stats

PALM BAY-MELBOURNE-TITUSVILLE, FL

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.

Palm Bay's 228 lenders originated 5,702 VA loans during 2021. The total origination value was $1,699,330,000, with an average VA loan value of $298,024.

Palm Bay VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Palm Bay averaged 6.46% for the week of 2022-12-02, compared to the national average (all VA variants) of 6.292% for the same period.

Palm Bay's average VA mortgage closing costs are $5,866.

The average rate for the prior week (2022-11-25) was 6.9% and one month ago for the week of 2022-10-28, the average rate was 6.98%.

The average rate one year ago was 3.56%.

For refis of the same type during the week of 2022-12-02, the average rate was 6.59%.

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

Palm Bay 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 Palm Bay level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
QUICKEN LOANS, LLC 502 2.47% $5,220
Mortgage Research Center, LLC 384 2.88% $6,725
FREEDOM MORTGAGE CORPORATION 375 2.51% $3,489
UNITED WHOLESALE MORTGAGE, LLC 276 2.53% $6,175
PENNYMAC LOAN SERVICES, LLC 252 2.40% $5,524
NEW DAY FINANCIAL, LLC 183 2.75% $7,766
THE MORTGAGE FIRM, INC. 176 2.82% $7,749
NAVY FEDERAL CREDIT UNION 174 2.49% $5,863
DYBN FINANCIAL CORP. 157 2.80% $8,548
LOANDEPOT.COM, LLC 152 2.62% $5,479
CALIBER HOME LOANS, INC. 147 2.62% $5,783
DHI MORTGAGE COMPANY, LTD. 115 2.70% $7,018
USAA Federal Savings Bank 109 2.82% $5,295
HOME POINT FINANCIAL CORPORATION 96 2.56% $6,976
VILLAGE CAPITAL MORTGAGE 89 2.40% $3,318
CROSSCOUNTRY MORTGAGE, LLC 82 2.86% $7,159
LAKEVIEW LOAN SERVICING, LLC 74 2.55% $2,716
FBC MORTGAGE, LLC 69 2.78% $9,170
PRIMELENDING, A PLAINSCAPITAL COMPANY 67 2.93% $7,352
Mr. Cooper ( Nationstar Mortgage ) 64 2.78% $2,794
Wells Fargo Bank 60 2.50% $5,065
NEWREZ LLC 56 2.66% $3,531
PENTAGON FEDERAL CREDIT UNION 51 2.35% $3,948
CLEARPATH LENDING 49 2.27% $3,590
EMBRACE HOME LOANS, INC. 48 2.56% $6,386
GUARANTEED RATE, INC. 46 2.69% $5,328
SHELTER MORTGAGE COMPANY, L.L.C. 42 2.93% $7,521
HAMILTON HOME LOANS, INC. 40 3.07% $6,163
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 38 2.83% $7,670
The Federal Savings Bank 38 2.49% $7,856
FINANCE OF AMERICA MORTGAGE LLC 34 3.07% $7,789
Christensen Financial, Inc. 34 2.74% $8,642
MOVEMENT MORTGAGE, LLC 31 2.95% $4,278
Carrington Mortgage Services, LLC 30 3.23% $5,205
Mortgage Lenders Investment Trading Corporation 29 3.03% $4,358
Equity Prime Mortgage LLC 26 3.33% $6,548
EAGLE HOME MORTGAGE, LLC 25 3.09% $4,384
PLANET HOME LENDING, LLC 24 2.41% $5,425
HOMEBRIDGE FINANCIAL SERVICES, INC. 23 2.53% $6,866
Flagstar Bank, FSB 23 2.68% $8,097
ANGEL OAK HOME LOANS LLC 22 2.68% $5,507
Plains Commerce Bank 22 2.69% $7,202
Barrington Bank & Trust Company, N.A. 22 2.65% $5,077
North American Savings Bank, F.S.B. 22 2.45% $7,307
Truist 22 2.72% $7,117
AMERICAN FINANCIAL NETWORK, INC. 22 2.84% $9,734
GUARANTEED RATE AFFINITY, LLC 20 2.59% $7,457
PRIMARY RESIDENTIAL MORTGAGE, INC. 20 3.16% $5,389
SUN WEST MORTGAGE COMPANY, INC. 20 2.61% $3,341
AMERISAVE MORTGAGE CORPORATION 20 2.72% $6,768
U.S. Bank 18 2.60% $10,622
First Guaranty Mortgage Corporation 18 2.45% $5,267
UNION HOME MORTGAGE CORP. 18 2.74% $8,089
AMERICAN PACIFIC MORTGAGE CORPORATION 17 2.83% $7,278
BROKER SOLUTIONS, INC. 16 2.68% $5,623
Low VA Rates, LLC 16 2.34% $4,555
Mid-Continent Funding, Inc. 15 2.80% $7,240
InterContinental Capital Group, Inc 15 2.41% $4,523
First Federal Bank 14 3.63% $11,427
Lakeview Community Capital, LLC 14 2.46% $2,470
DIRECT MORTGAGE LOANS, LLC 13 3.05% $12,554
CHAMPIONS MORTGAGE LLC 13 2.58% $4,854
BAY EQUITY LLC 12 2.81% $6,648
ACCELERATE MORTGAGE, LLC 12 2.38% $8,541
SPACE COAST Credit Union 12 2.92% $6,513
Magnolia Bank 12 2.67% $8,504
Paramount Residential Mortgage Group, Inc. 11 2.99% $10,104
Nations Lending Corporation 10 3.09% $5,978
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 9 3.11% $7,819
KELLER MORTGAGE, LLC 9 2.58% $10,297
Citizens Bank 9 2.89% $5,278
NBKC BANK 9 2.54% $7,071
MUTUAL OF OMAHA MORTGAGE, INC. 9 2.53% $5,185
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 3.12% $8,235
BNC National Bank 9 2.21% $5,321
CHURCHILL MORTGAGE CORPORATION 9 2.57% $2,986
KS StateBank 8 2.30% $5,240
AmeriHome Mortgage Company, LLC 8 2.86% $1,810
KBHS HOME LOANS, LLC 7 3.18% $6,173
Summit Mortgage Corporation 7 2.86% $6,582
TIAA, FSB 7 2.45% $4,866
Bank of England 7 2.77% $9,174
LOANPAL, LLC 7 2.50% $6,121
EVERETT FINANCIAL, INC. 6 3.63% $6,689
CMG MORTGAGE, INC. 6 2.71% $7,304
ARK-LA-TEX FINANCIAL SERVICES, LLC. 5 2.58% $8,805
SWBC MORTGAGE CORPORATION 5 3.00% $6,191
AMERIFIRST FINANCIAL CORPORATION 5 3.10% $7,200
BAYSHORE MORTGAGE FUNDING, LLC 4 2.84% $4,320
FIRST HOME MORTGAGE CORPORATION 4 2.81% $3,917
NFM, INC. 4 2.66% $13,080
AMERICAN FINANCING CORPORATION 4 2.50% $7,729
GUILD MORTGAGE COMPANY 4 2.34% $8,572
Commerce Home Mortgage, Inc. 4 2.50% $10,880
Towne Bank 4 2.53% $7,780
RADIUS FINANCIAL GROUP INC. 4 3.03% $2,861
TJC Mortgage, Inc. 4 2.44% $5,962
HOMESTEAD FUNDING CORP. 4 2.34% $1,952
MORTGAGE EQUITY PARTNERS LLC 3 2.42% $5,365
Wyndham Capital Mortgage, Inc. 3 2.58% $5,653
Armed Forces Bank 3 2.25% $2,960
UNIVERSITY LENDING GROUP, LLC 3 4.16% $7,232
FIDELITY FUNDING MORTGAGE CORP. 3 2.96% $6,944
HOMESIDE FINANCIAL, LLC 3 2.46% $7,368
INTERCAP LENDING INC. 3 2.42% $5,593
Strong Home Mortgage, LLC 3 2.41% $2,385
EMM LOANS LLC 3 3.21% $7,285
Alcova Mortgage LLC 3 2.96% $7,984
Seacoast National Bank 3 2.71% $4,425
LENDUS, LLC 3 2.75% $3,617
Regions Bank 3 2.75% $5,635
Meridian Bank Corporation 3 2.67% $3,412
MICHIGAN MUTUAL, INC. 3 2.79% $9,322
Prime Choice Funding Inc. 3 2.58% $1,366
Colonial Savings, F.A. 3 3.00% $7,149
NETWORK CAPITAL FUNDING CORPORATION 3 2.75% $2,348
NP, Inc. 3 2.75% $9,447
Ameris Bank 3 2.50% $7,144
SOVEREIGN LENDING GROUP INCORPORATED 2 3.12% $6,988
SECURITYNATIONAL MORTGAGE COMPANY 2 2.56% $9,002
GENEVA FINANCIAL, LLC 2 3.25% $4,417
LEADERONE FINANCIAL CORPORATION 2 3.81% $6,652
DAS Acquisition Company, LLC 2 3.31% $9,221
NATIONS DIRECT MORTGAGE, LLC 2 2.56% $11,515
Credence Funding Corporation 2 2.12% $2,216
Waterstone Mortgage Corporation 2 2.88% $9,089
Atlantic Union Bank 2 2.25% $5,606
CORNERSTONE HOME LENDING, INC. 2 2.94% $6,344
NATIONWIDE MORTGAGE BANKERS, INC. 2 2.88% $11,566
First Home Bank 2 2.63% $14,038
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 2.50% $5,015
CONTOUR MORTGAGE CORPORATION 2 3.25% $8,315
PROPER RATE, LLC 2 3.25% $3,844
MILEND, INC. 2 4.25% $5,988
First Savings Bank 2 2.81% $6,768
Progress Bank and Trust 2 2.25% $4,718
Community First National Bank 2 3.38% $3,710
Capital Bank 2 2.50% $15,147
CAPITAL PARTNERS MORTGAGE, LLC 2 2.56% $11,768
HomePromise Corporation 2 2.88% $9,019
EQUITY RESOURCES, INC. 2 2.81% $2,837
MORTGAGE SOLUTIONS OF COLORADO, LLC 2 3.06% $11,094
TOWNE MORTGAGE COMPANY 2 2.50% $9,190
FirstBank 2 2.38% $5,756
INTERLINC MORTGAGE SERVICES, LLC 2 2.88% $16,476
JAMES B. NUTTER & COMPANY 2 2.81% $1,979
CELEBRITY HOME LOANS, LLC 2 2.94% $3,839
OPEN MORTGAGE, LLC 2 3.06% $7,072
PREMIA MORTGAGE, LLC 2 2.44% $14,070
COMMUNITY CREDIT UNION OF FLORIDA 2 2.88% $8,031
STEARNS LENDING, LLC 2 2.94% $8,576
ZILLOW HOME LOANS, LLC 1 2.38% $10,848
ACOPIA, LLC 1 3.38% $3,846
ALLIED MORTGAGE GROUP, INC. 1 2.50% $3,867
Amerifirst Financial, Inc. 1 2.75% $4,238
APEX HOME LOANS, INC. 1 3.25% $5,540
ASPIRE FINANCIAL, INC. 1 2.25% $11,801
Atlantic Coast Mortgage, LLC 1 3.00% $19,017
CALCON MUTUAL MORTGAGE LLC 1 4.75% $9,067
CANOPY MORTGAGE, LLC 1 2.63% $3,579
CBM Mortgage, Inc. 1 2.75% $6,675
Centennial Bank 1 2.38% $2,066
Century Mortgage Company DBA Century Lending Company 1 3.25% $4,044
CERTAINTY HOME LOANS, LLC 1 2.75% $13,090
CityWorth Mortgage LLC 1 2.25% $500
DEVELOPER'S MORTGAGE COMPANY 1 3.25% $3,993
Fidelity Bank 1 3.00% $9,047
First Bank & Trust 1 2.25% $7,837
FIRST COMMUNITY MORTGAGE, INC. 1 2.25% $8,831
First Federal Bank of Kansas City 1 2.75% $11,427
FIRST FLORIDA Credit Union 1 3.13% $2,319
First Heritage Mortgage, LLC 1 2.25% $6,596
First Internet Bank of Indiana 1 2.25% $3,652
First Mortgage Solutions, LLC 1 1.88% $4,632
Gateway First Bank 1 2.38% $3,048
George Mason Mortgage, LLC 1 2.63% $16,124
GERSHMAN INVESTMENT CORP. 1 2.88% $5,520
Goldwater Bank, N.A. 1 2.50% $3,153
GREAT WESTERN FINANCIAL SERVICES, INC. 1 3.25% $1,388
GSF Mortgage Corporation 1 3.75% $24,585
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 3.50% $6,816
HOMESPIRE MORTGAGE CORPORATION 1 3.25% $1,007
HOMESTAR FINANCIAL CORPORATION 1 2.75% $3,954
Hometown Lenders, Inc. 1 2.88% $4,376
INSPIRE HOME LOANS INC. 1 3.50% $9,026
INTELLILOAN, INC. 1 3.13% $1,047
INTERCOASTAL MORTGAGE COMPANY 1 2.38% $3,621
JET HOMELOANS, LLC 1 3.13% $4,304
Keystone Funding, Inc. 1 2.25% $2,225
LADERA LENDING, INC. 1 2.25% $2,968
LENDING 3, INC. 1 2.25% $3,792
MID AMERICA MORTGAGE, INC. 1 2.38% $3,871
Midwest Community Bank 1 2.63% $16,022
M&T Bank 1 2.25% $1,761
Northpointe Bank 1 2.88% $9,281
Northwest Federal Credit Union 1 3.00% $13,639
OCMBC, INC. 1 2.88% $3,045
Paramount Bank 1 2.25% $4,392
PLAZA HOME MORTGAGE, INC. 1 2.75% $4,846
PNC Bank 1 2.63% $2,250
PREFERRED LENDING SERVICES, LLC 1 3.25% $6,294
Princeton Mortgage Corporation 1 3.63% $1,852
Prosperity Home Mortgage, LLC 1 2.50% $6,273
Red River Bank 1 2.63% $280
RELIANCE FIRST CAPITAL, LLC 1 2.88% $2,239
Reliant Bank 1 2.25% $9,553
RESIDENTIAL HOME FUNDING CORP. 1 1.75% $3,430
RESIDENTIAL MORTGAGE SERVICES, INC. 1 2.38% $0
Residential Mortgage Solutions, Inc. 1 3.25% $6,718
RESOURCE FINANCIAL SERVICES, INC. 1 2.25% $1,586
ROYAL UNITED MORTGAGE LLC 1 2.38% $11,290
SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 2.88% $4,635
SOUTHERN TRUST MORTGAGE, LLC 1 2.75% $8,468
Stride Bank 1 2.75% $3,969
T2 FINANCIAL LLC 1 3.25% $13,839
TD Bank 1 2.75% $7,858
The Central Trust Bank 1 2.50% $19,744
The Union Bank Company 1 2.25% $2,748
TOP FLITE FINANCIAL, INC. 1 3.50% $18,979
Trustmark National Bank 1 2.50% $2,871
United Fidelity Funding Corp. 1 2.38% $19,237
UNITED MORTGAGE CORP. 1 3.25% $10,074
UNITED SECURITY FINANCIAL CORP 1 1.88% $17,476
VANDERBILT MORTGAGE AND FINANCE, INC. 1 2.88% $13,421
VAN DYK MORTGAGE CORPORATION 1 2.75% $153
Watermark Capital, Inc. 1 2.25% $3,048
Wolfe Financial, Inc 1 2.88% $17,038
Academy Bank 1 2.75% $4,160

The top Palm Bay VA lender as defined by loan originations is QUICKEN LOANS, LLC, with 502 VA loans originated. Their average total fees are $5,220, which is $1,505 lower than the next largest lender, Mortgage Research Center, LLC.

The lowest fee Palm Bay VA lenders (with over 10 loans originated) are Lakeview Community Capital, LLC ($2,470), LAKEVIEW LOAN SERVICING, LLC ($2,716), Mr. Cooper ( Nationstar Mortgage ) ($2,794), VILLAGE CAPITAL MORTGAGE ($3,318) and SUN WEST MORTGAGE COMPANY, INC. ($3,341).

The lowest rate Palm Bay VA lenders (with over 10 loans originated) are CLEARPATH LENDING (2.27%), Low VA Rates, LLC (2.34%), PENTAGON FEDERAL CREDIT UNION (2.35%), ACCELERATE MORTGAGE, LLC (2.38%) and VILLAGE CAPITAL MORTGAGE (2.40%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Palm Bay (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 $279,450 (7.5%) $365,951 (1.9%) 1.04 2,906
2018-02-01 $279,950 (4.9%) $369,003 (1.0%) 1.02 2,960
2018-03-01 $286,333 (4.1%) $373,740 (-0.5%) 1.00 2,974
2018-04-01 $294,975 (5.4%) $381,906 (0.7%) 1.00 2,995
2018-05-01 $292,500 (4.5%) $382,404 (0.3%) 0.98 3,099
2018-06-01 $290,000 (0.4%) $381,884 (-1.3%) 0.97 3,187
2018-07-01 $291,654 (4.2%) $383,541 (0.5%) 0.97 3,217
2018-08-01 $289,450 (2.5%) $381,761 (0.1%) 0.97 3,275
2018-09-01 $280,458 (0.2%) $376,802 (0.0%) 0.94 3,379
2018-10-01 $280,128 (0.1%) $375,245 (1.2%) 0.95 3,444
2018-11-01 $279,850 (0.0%) $373,829 (1.0%) 0.95 3,618
2018-12-01 $275,000 (-1.4%) $372,331 (1.5%) 0.95 3,709
2019-01-01 $279,450 (0.0%) $371,159 (1.4%) 0.96 3,749
2019-02-01 $280,715 (0.3%) $374,352 (1.5%) 0.95 3,822
2019-03-01 $287,043 (0.3%) $379,849 (1.6%) 0.94 3,663
2019-04-01 $289,093 (-2.0%) $383,366 (0.4%) 0.92 3,440
2019-05-01 $289,350 (-1.1%) $386,443 (1.1%) 0.90 3,255
2019-06-01 $294,900 (1.7%) $389,623 (2.0%) 0.92 3,162
2019-07-01 $295,000 (1.2%) $388,814 (1.4%) 0.92 3,106
2019-08-01 $293,671 (1.5%) $392,005 (2.7%) 0.93 3,016
2019-09-01 $297,175 (6.0%) $395,934 (5.1%) 0.95 2,978
2019-10-01 $299,900 (7.1%) $398,553 (6.2%) 0.97 2,935
2019-11-01 $299,900 (7.2%) $393,169 (5.2%) 0.98 2,910
2019-12-01 $295,311 (7.4%) $393,186 (5.6%) 0.98 2,882
2020-01-01 $296,993 (6.3%) $404,666 (9.0%) 0.99 2,843
2020-02-01 $294,333 (4.9%) $402,108 (7.4%) 0.96 2,807
2020-03-01 $299,000 (4.2%) $406,365 (7.0%) 0.94 2,844
2020-04-01 $294,900 (2.0%) $397,040 (3.6%) 0.92 3,019
2020-05-01 $296,136 (2.4%) $398,128 (3.0%) 0.90 2,849
2020-06-01 $298,713 (1.3%) $405,411 (4.1%) 0.88 2,399
2020-07-01 $302,500 (2.5%) $411,661 (5.9%) 0.88 2,131
2020-08-01 $310,000 (5.6%) $417,446 (6.5%) 0.89 2,010
2020-09-01 $315,943 (6.3%) $421,240 (6.4%) 0.91 1,781
2020-10-01 $315,612 (5.2%) $422,149 (5.9%) 0.90 1,740
2020-11-01 $307,045 (2.4%) $415,843 (5.8%) 0.90 1,761
2020-12-01 $299,950 (1.6%) $409,158 (4.1%) 0.89 1,681
2021-01-01 $299,900 (1.0%) $416,245 (2.9%) 0.90 1,472
2021-02-01 $299,950 (1.9%) $423,894 (5.4%) 0.87 1,238
2021-03-01 $311,750 (4.3%) $442,499 (8.9%) 0.88 973
2021-04-01 $326,950 (10.9%) $454,827 (14.6%) 0.89 878
2021-05-01 $339,917 (14.8%) $472,305 (18.6%) 0.90 865
2021-06-01 $349,900 (17.1%) $497,794 (22.8%) 0.92 950
2021-07-01 $350,000 (15.7%) $499,040 (21.2%) 0.92 1,153
2021-08-01 $356,950 (15.2%) $489,875 (17.4%) 0.95 1,258
2021-09-01 $359,109 (13.7%) $493,111 (17.1%) 0.96 1,298
2021-10-01 $365,000 (15.7%) $509,187 (20.6%) 0.97 1,196
2021-11-01 $369,071 (20.2%) $521,043 (25.3%) 0.99 1,184
2021-12-01 $365,000 (21.7%) $508,300 (24.2%) 0.99 1,095
2022-01-01 $369,000 (23.0%) $533,420 (28.2%) 1.00 910
2022-02-01 $372,450 (24.2%) $553,302 (30.5%) 0.97 808
2022-03-01 $372,418 (19.5%) $560,695 (26.7%) 0.93 771
2022-04-01 $390,000 (19.3%) $566,002 (24.4%) 0.93 805
2022-05-01 $402,400 (18.4%) $572,736 (21.3%) 0.92 1,070
2022-06-01 $417,070 (19.2%) $569,179 (14.3%) 0.93 1,290
2022-07-01 $399,900 (14.3%) $538,285 (7.9%) 0.90 1,765
2022-08-01 $389,995 (9.3%) $524,111 (7.0%) 0.90 2,034
2022-09-01 $379,995 (5.8%) $515,900 (4.6%) 0.89 2,049
2022-10-01 $379,900 (4.1%) $512,577 (0.7%) 0.89 2,241
2022-11-01 $376,000 (1.9%) $504,507 (-3.2%) 0.90 2,387
Palm Bay's median listing price for 2022-11-01 was $376,000, a difference of $6,929 (1.9%) versus the prior year and $-3,900 versus the prior month.

Palm Bay's median listing price comes in at 90% of the national average.

Palm Bay's average listing price for 2022-11-01 was $504,507, a difference of $-16,536 (-3.2%) versus the prior year and $-8,070 versus the prior month.

For the 2022-11-01 period, Palm Bay had 2,387 MLS listings, a difference of 146 listings (7%) versus the prior month and 1,203 listings (102%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Palm Bay (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 66 days 1,874 sqft
2018-02-01 56 days 1,870 sqft
2018-03-01 52 days 1,875 sqft
2018-04-01 54 days 1,903 sqft
2018-05-01 52 days 1,893 sqft
2018-06-01 53 days 1,898 sqft
2018-07-01 58 days 1,908 sqft
2018-08-01 59 days 1,877 sqft
2018-09-01 60 days 1,854 sqft
2018-10-01 61 days 1,850 sqft
2018-11-01 62 days 1,836 sqft
2018-12-01 65 days 1,825 sqft
2019-01-01 71 days 1,824 sqft
2019-02-01 66 days 1,828 sqft
2019-03-01 64 days 1,840 sqft
2019-04-01 64 days 1,854 sqft
2019-05-01 65 days 1,867 sqft
2019-06-01 66 days 1,883 sqft
2019-07-01 61 days 1,872 sqft
2019-08-01 64 days 1,868 sqft
2019-09-01 65 days 1,873 sqft
2019-10-01 67 days 1,876 sqft
2019-11-01 66 days 1,848 sqft
2019-12-01 71 days 1,849 sqft
2020-01-01 70 days 1,854 sqft
2020-02-01 64 days 1,839 sqft
2020-03-01 57 days 1,857 sqft
2020-04-01 60 days 1,845 sqft
2020-05-01 72 days 1,852 sqft
2020-06-01 80 days 1,841 sqft
2020-07-01 68 days 1,844 sqft
2020-08-01 67 days 1,840 sqft
2020-09-01 68 days 1,843 sqft
2020-10-01 71 days 1,845 sqft
2020-11-01 59 days 1,814 sqft
2020-12-01 58 days 1,775 sqft
2021-01-01 60 days 1,776 sqft
2021-02-01 52 days 1,798 sqft
2021-03-01 58 days 1,805 sqft
2021-04-01 60 days 1,810 sqft
2021-05-01 53 days 1,793 sqft
2021-06-01 44 days 1,772 sqft
2021-07-01 36 days 1,762 sqft
2021-08-01 37 days 1,769 sqft
2021-09-01 42 days 1,781 sqft
2021-10-01 53 days 1,805 sqft
2021-11-01 54 days 1,788 sqft
2021-12-01 62 days 1,783 sqft
2022-01-01 68 days 1,772 sqft
2022-02-01 53 days 1,793 sqft
2022-03-01 35 days 1,747 sqft
2022-04-01 32 days 1,748 sqft
2022-05-01 31 days 1,778 sqft
2022-06-01 31 days 1,793 sqft
2022-07-01 34 days 1,800 sqft
2022-08-01 38 days 1,770 sqft
2022-09-01 45 days 1,754 sqft
2022-10-01 51 days 1,764 sqft
2022-11-01 54 days 1,755 sqft
Palm Bay's median listing age (time on market) for 2022-11-01 was 54 days. This is 0% shorter than the same period one year ago.

Palm Bay's median square footage for active listings during the 2022-11-01 period was 1,755 sqft. One year prior, the average listing was 1,788 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.