Parkersburg VA Loan Rates, Closing Costs & Stats

PARKERSBURG-VIENNA, WV

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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.

    Parkersburg's 22 lenders originated 94 VA loans during 2023. The total origination value was $20,180,000, with an average VA loan value of $214,681.

    Parkersburg VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Parkersburg averaged 6.54% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Parkersburg's average VA mortgage closing costs are $4,748.

    The average rate for the prior week (2025-02-07) was 6.38% and one month ago for the week of 2025-01-10, the average rate was 6.41%.

    The average rate one year ago was 6.44%.

    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.

    Parkersburg 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 Parkersburg level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 26 6.87% $3,229
    MOVEMENT MORTGAGE, LLC 13 6.57% $6,448
    QUICKEN LOANS, LLC 9 6.14% $10,204
    PRIMELENDING, A PLAINSCAPITAL COMPANY 7 6.81% $7,346
    NAVY FEDERAL CREDIT UNION 6 5.98% $5,666
    Nations Lending Corporation 4 7.50% $2,840
    FREEDOM MORTGAGE CORPORATION 4 7.03% $11,524
    LOANDEPOT.COM, LLC 3 6.96% $10,947
    USAA Federal Savings Bank 2 6.75% $4,015
    Flagstar Bank, FSB 2 6.44% $3,537
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 7.00% $10,643
    The Huntington National Bank 2 7.06% $3,654
    Truist 2 6.16% $2,731
    First Horizon Bank 1 6.63% $9,496
    CARDINAL FINANCIAL 1 6.25% $13,602
    PENNYMAC LOAN SERVICES, LLC 1 6.88% $13,412
    PLANET HOME LENDING, LLC 1 6.25% $15,023
    Barrington Bank & Trust Company, N.A. 1 6.75% $3,560
    AMERISAVE MORTGAGE CORPORATION 1 6.75% $6,280
    INTERCOASTAL MORTGAGE COMPANY 1 7.00% $5,167
    AMERICAN FINANCING CORPORATION 1 5.50% $7,932
    GUILD MORTGAGE COMPANY 1 6.00% $7,559

    The top Parkersburg VA lender as defined by loan originations is Mortgage Research Center, LLC, with 26 VA loans originated. Their average total fees are $3,229, which is $3,219 lower than the next largest lender, MOVEMENT MORTGAGE, LLC.

    The lowest fee Parkersburg VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($3,229), MOVEMENT MORTGAGE, LLC ($6,448), .

    The lowest rate Parkersburg VA lenders (with over 10 loans originated) are MOVEMENT MORTGAGE, LLC (6.57%), Mortgage Research Center, LLC (6.87%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Parkersburg (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 $136,700 (7.7%) $188,193 (4.8%) 0.00 281
    2018-02-01 $130,450 (2.7%) $191,111 (5.5%) 0.00 258
    2018-03-01 $129,900 (0.0%) $197,101 (10.2%) 0.00 255
    2018-04-01 $134,000 (3.1%) $206,000 (16.4%) 0.00 268
    2018-05-01 $136,400 (2.2%) $208,144 (21.2%) 0.00 269
    2018-06-01 $145,000 (7.4%) $194,376 (11.4%) 0.00 275
    2018-07-01 $147,000 (5.8%) $190,682 (7.8%) 0.00 294
    2018-08-01 $143,750 (2.9%) $187,177 (-8.7%) 0.00 299
    2018-09-01 $139,900 (-1.8%) $187,961 (-9.3%) 0.00 291
    2018-10-01 $140,450 (3.3%) $207,694 (2.9%) 0.00 291
    2018-11-01 $139,675 (0.7%) $225,907 (9.2%) 0.00 282
    2018-12-01 $135,000 (-0.4%) $229,453 (22.4%) 0.00 282
    2019-01-01 $136,950 (0.2%) $237,047 (26.0%) 0.00 269
    2019-02-01 $135,000 (3.5%) $239,537 (25.3%) 0.00 260
    2019-03-01 $141,286 (8.8%) $223,703 (13.5%) 0.00 241
    2019-04-01 $149,700 (11.7%) $202,303 (-1.8%) 0.00 218
    2019-05-01 $149,950 (9.9%) $193,888 (-6.9%) 0.00 216
    2019-06-01 $152,250 (5.0%) $195,928 (0.8%) 0.00 229
    2019-07-01 $149,975 (2.0%) $192,225 (0.8%) 0.00 270
    2019-08-01 $150,432 (4.7%) $201,286 (7.5%) 0.00 285
    2019-09-01 $154,830 (10.7%) $218,795 (16.4%) 0.00 295
    2019-10-01 $158,600 (12.9%) $213,897 (3.0%) 0.00 302
    2019-11-01 $158,900 (13.8%) $201,398 (-10.9%) 0.00 291
    2019-12-01 $150,000 (11.1%) $196,275 (-14.5%) 0.00 287
    2020-01-01 $155,625 (13.6%) $226,659 (-4.4%) 0.00 276
    2020-02-01 $152,500 (13.0%) $223,356 (-6.8%) 0.00 275
    2020-03-01 $153,250 (8.5%) $222,793 (-0.4%) 0.00 257
    2020-04-01 $154,725 (3.4%) $221,719 (9.6%) 0.00 244
    2020-05-01 $155,750 (3.9%) $222,412 (14.7%) 0.00 226
    2020-06-01 $149,700 (-1.7%) $193,329 (-1.3%) 0.00 208
    2020-07-01 $153,425 (2.3%) $196,152 (2.0%) 0.00 180
    2020-08-01 $164,000 (9.0%) $199,152 (-1.1%) 0.00 172
    2020-09-01 $155,450 (0.4%) $194,549 (-11.1%) 0.00 183
    2020-10-01 $159,900 (0.8%) $202,648 (-5.3%) 0.00 183
    2020-11-01 $159,950 (0.7%) $224,768 (11.6%) 0.00 173
    2020-12-01 $167,100 (11.4%) $229,329 (16.8%) 0.00 166
    2021-01-01 $168,500 (8.3%) $222,759 (-1.7%) 0.00 158
    2021-02-01 $149,375 (-2.1%) $219,325 (-1.8%) 0.00 134
    2021-03-01 $149,000 (-2.8%) $227,436 (2.1%) 0.00 112
    2021-04-01 $151,950 (-1.8%) $228,783 (3.2%) 0.00 103
    2021-05-01 $165,000 (5.9%) $241,655 (8.7%) 0.00 102
    2021-06-01 $171,500 (14.6%) $243,760 (26.1%) 0.00 105
    2021-07-01 $168,000 (9.5%) $318,801 (62.5%) 0.00 136
    2021-08-01 $159,000 (-3.1%) $286,081 (43.7%) 0.00 150
    2021-09-01 $159,675 (2.7%) $298,279 (53.3%) 0.00 148
    2021-10-01 $159,000 (-0.6%) $296,773 (46.5%) 0.00 134
    2021-11-01 $159,000 (-0.6%) $289,009 (28.6%) 0.00 135
    2021-12-01 $154,450 (-7.6%) $282,177 (23.0%) 0.00 124
    2022-01-01 $154,900 (-8.1%) $308,037 (38.3%) 0.00 95
    2022-02-01 $157,400 (5.4%) $348,046 (58.7%) 0.00 73
    2022-03-01 $157,000 (5.4%) $340,794 (49.8%) 0.00 71
    2022-04-01 $167,000 (9.9%) $363,524 (58.9%) 0.00 74
    2022-05-01 $199,950 (21.2%) $311,076 (28.7%) 0.00 89
    2022-06-01 $184,125 (7.4%) $272,102 (11.6%) 0.00 114
    2022-07-01 $182,500 (8.6%) $276,918 (-13.1%) 0.00 125
    2022-08-01 $188,000 (18.2%) $271,426 (-5.1%) 0.00 137
    2022-09-01 $184,250 (15.4%) $260,404 (-12.7%) 0.00 132
    2022-10-01 $185,000 (16.4%) $248,670 (-16.2%) 0.00 137
    2022-11-01 $189,000 (18.9%) $255,013 (-11.8%) 0.00 137
    2022-12-01 $175,000 (13.3%) $247,671 (-12.2%) 0.00 127
    2023-01-01 $164,000 (5.9%) $257,437 (-16.4%) 0.00 108
    2023-02-01 $180,000 (14.4%) $265,171 (-23.8%) 0.00 102
    2023-03-01 $188,725 (20.2%) $257,330 (-24.5%) 0.00 107
    2023-04-01 $195,000 (16.8%) $267,283 (-26.5%) 0.00 104
    2023-05-01 $205,000 (2.5%) $276,928 (-11.0%) 0.00 105
    2023-06-01 $209,475 (13.8%) $280,263 (3.0%) 0.00 113
    2023-07-01 $206,250 (13.0%) $268,525 (-3.0%) 0.00 120
    2023-08-01 $194,250 (3.3%) $252,738 (-6.9%) 0.00 128
    2023-09-01 $189,000 (2.6%) $248,457 (-4.6%) 0.00 125
    2023-10-01 $181,975 (-1.6%) $241,305 (-3.0%) 0.00 135
    2023-11-01 $194,725 (3.0%) $244,018 (-4.3%) 0.00 135
    2023-12-01 $190,000 (8.6%) $226,889 (-8.4%) 0.00 137
    2024-01-01 $202,250 (23.3%) $233,899 (-9.1%) 0.00 128
    2024-02-01 $218,725 (21.5%) $248,572 (-6.3%) 0.00 110
    2024-03-01 $225,000 (19.2%) $271,610 (5.6%) 0.00 124
    2024-04-01 $222,500 (14.1%) $263,579 (-1.4%) 0.00 122
    2024-05-01 $217,825 (6.3%) $276,445 (-0.2%) 0.00 118
    2024-06-01 $229,900 (9.8%) $290,590 (3.7%) 0.00 123
    2024-07-01 $209,225 (1.4%) $269,971 (0.5%) 0.00 129
    2024-08-01 $199,900 (2.9%) $275,992 (9.2%) 0.00 132
    2024-09-01 $199,000 (5.3%) $268,113 (7.9%) 0.00 144
    2024-10-01 $213,450 (17.3%) $271,252 (12.4%) 0.00 151
    2024-11-01 $213,450 (9.6%) $270,925 (11.0%) 0.00 148
    2024-12-01 $200,000 (5.3%) $284,019 (25.2%) 0.00 137
    2025-01-01 $210,000 (3.8%) $296,157 (26.6%) 0.00 136
    Parkersburg's median listing price for 2025-01-01 was $210,000, a difference of $7,750 (3.8%) versus the prior year and $10,000 versus the prior month.

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

    Parkersburg's average listing price for 2025-01-01 was $296,157, a difference of $62,258 (26.6%) versus the prior year and $12,138 versus the prior month.

    For the 2025-01-01 period, Parkersburg had 136 MLS listings, a difference of -1 listings (-1%) versus the prior month and 8 listings (6%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Parkersburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,602 sqft
    2018-02-01 0 days 1,597 sqft
    2018-03-01 0 days 1,571 sqft
    2018-04-01 0 days 1,632 sqft
    2018-05-01 0 days 1,608 sqft
    2018-06-01 0 days 1,670 sqft
    2018-07-01 0 days 1,847 sqft
    2018-08-01 0 days 1,821 sqft
    2018-09-01 0 days 1,832 sqft
    2018-10-01 0 days 1,847 sqft
    2018-11-01 0 days 1,859 sqft
    2018-12-01 0 days 1,812 sqft
    2019-01-01 0 days 1,858 sqft
    2019-02-01 0 days 1,875 sqft
    2019-03-01 0 days 1,899 sqft
    2019-04-01 0 days 1,925 sqft
    2019-05-01 0 days 1,698 sqft
    2019-06-01 0 days 1,754 sqft
    2019-07-01 0 days 1,755 sqft
    2019-08-01 0 days 1,782 sqft
    2019-09-01 0 days 1,801 sqft
    2019-10-01 0 days 1,813 sqft
    2019-11-01 0 days 1,800 sqft
    2019-12-01 0 days 1,808 sqft
    2020-01-01 0 days 1,793 sqft
    2020-02-01 0 days 1,829 sqft
    2020-03-01 0 days 1,839 sqft
    2020-04-01 0 days 1,860 sqft
    2020-05-01 0 days 1,834 sqft
    2020-06-01 0 days 1,842 sqft
    2020-07-01 0 days 1,836 sqft
    2020-08-01 0 days 1,842 sqft
    2020-09-01 0 days 1,773 sqft
    2020-10-01 0 days 1,828 sqft
    2020-11-01 0 days 1,843 sqft
    2020-12-01 0 days 1,897 sqft
    2021-01-01 0 days 1,844 sqft
    2021-02-01 0 days 1,698 sqft
    2021-03-01 0 days 1,716 sqft
    2021-04-01 0 days 1,770 sqft
    2021-05-01 0 days 1,808 sqft
    2021-06-01 0 days 1,893 sqft
    2021-07-01 0 days 1,780 sqft
    2021-08-01 0 days 1,719 sqft
    2021-09-01 0 days 1,818 sqft
    2021-10-01 0 days 1,777 sqft
    2021-11-01 0 days 1,794 sqft
    2021-12-01 0 days 1,749 sqft
    2022-01-01 0 days 1,698 sqft
    2022-02-01 0 days 1,655 sqft
    2022-03-01 0 days 1,814 sqft
    2022-04-01 0 days 1,812 sqft
    2022-05-01 0 days 1,835 sqft
    2022-06-01 0 days 1,831 sqft
    2022-07-01 0 days 1,840 sqft
    2022-08-01 0 days 1,909 sqft
    2022-09-01 0 days 1,904 sqft
    2022-10-01 0 days 1,858 sqft
    2022-11-01 0 days 1,990 sqft
    2022-12-01 0 days 1,904 sqft
    2023-01-01 0 days 1,804 sqft
    2023-02-01 0 days 1,748 sqft
    2023-03-01 0 days 1,831 sqft
    2023-04-01 0 days 1,842 sqft
    2023-05-01 0 days 1,841 sqft
    2023-06-01 0 days 1,892 sqft
    2023-07-01 0 days 1,864 sqft
    2023-08-01 0 days 1,856 sqft
    2023-09-01 0 days 1,796 sqft
    2023-10-01 0 days 1,642 sqft
    2023-11-01 0 days 1,825 sqft
    2023-12-01 0 days 1,844 sqft
    2024-01-01 0 days 1,915 sqft
    2024-02-01 0 days 2,081 sqft
    2024-03-01 0 days 2,196 sqft
    2024-04-01 0 days 2,134 sqft
    2024-05-01 0 days 2,020 sqft
    2024-06-01 0 days 1,994 sqft
    2024-07-01 0 days 1,743 sqft
    2024-08-01 0 days 1,755 sqft
    2024-09-01 0 days 1,753 sqft
    2024-10-01 0 days 1,796 sqft
    2024-11-01 0 days 1,828 sqft
    2024-12-01 0 days 1,755 sqft
    2025-01-01 0 days 1,703 sqft
    Parkersburg's median listing age (time on market) for 2025-01-01 was 0 days.

    Parkersburg's median square footage for active listings during the 2025-01-01 period was 1,703 sqft. One year prior, the average listing was 1,915 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.