Parkersburg VA Loan Rates, Closing Costs & Stats
PARKERSBURG-VIENNA, WV
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
6.69%
for the week of 2024-04-12, compared to the national average (all VA variants) of
6.574% for the same period.
Parkersburg's average VA mortgage closing costs are $4,748.
The average rate for the prior week (2024-04-05) was
6.54% and
one month ago for the week of 2024-03-08, the
average rate was 6.27%.
The average rate one year ago was 5.86%.
For refis of the same type during the week of 2024-04-12, the average rate
was 6.57%.
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 (5.4%) | 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 (21.1%) | 0.00 | 269 |
| 2018-06-01 | $145,000 (7.4%) | $194,376 (11.4%) | 0.00 | 275 |
| 2018-07-01 | $147,000 (5.8%) | $190,651 (7.8%) | 0.00 | 293 |
| 2018-08-01 | $143,500 (2.7%) | $187,137 (-8.7%) | 0.00 | 298 |
| 2018-09-01 | $139,900 (-1.8%) | $187,922 (-9.3%) | 0.00 | 290 |
| 2018-10-01 | $140,175 (3.1%) | $207,719 (2.9%) | 0.00 | 290 |
| 2018-11-01 | $139,225 (0.3%) | $225,997 (9.2%) | 0.00 | 281 |
| 2018-12-01 | $135,000 (-0.4%) | $229,557 (22.4%) | 0.00 | 281 |
| 2019-01-01 | $136,950 (0.2%) | $237,107 (26.0%) | 0.00 | 269 |
| 2019-02-01 | $135,000 (3.5%) | $239,838 (25.5%) | 0.00 | 259 |
| 2019-03-01 | $141,121 (8.6%) | $223,934 (13.6%) | 0.00 | 240 |
| 2019-04-01 | $149,450 (11.5%) | $202,464 (-1.7%) | 0.00 | 216 |
| 2019-05-01 | $149,950 (9.9%) | $194,031 (-6.8%) | 0.00 | 215 |
| 2019-06-01 | $150,000 (3.5%) | $196,075 (0.9%) | 0.00 | 228 |
| 2019-07-01 | $149,950 (2.0%) | $192,281 (0.9%) | 0.00 | 270 |
| 2019-08-01 | $150,432 (4.8%) | $201,286 (7.6%) | 0.00 | 285 |
| 2019-09-01 | $154,830 (10.7%) | $218,795 (16.4%) | 0.00 | 295 |
| 2019-10-01 | $158,600 (13.1%) | $213,897 (3.0%) | 0.00 | 302 |
| 2019-11-01 | $158,900 (14.1%) | $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 (-6.9%) | 0.00 | 275 |
| 2020-03-01 | $153,250 (8.6%) | $222,793 (-0.5%) | 0.00 | 257 |
| 2020-04-01 | $154,725 (3.5%) | $221,719 (9.5%) | 0.00 | 244 |
| 2020-05-01 | $155,750 (3.9%) | $222,412 (14.6%) | 0.00 | 226 |
| 2020-06-01 | $149,700 (-0.2%) | $193,329 (-1.4%) | 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 | $157,225 (5.5%) | $340,794 (49.8%) | 0.00 | 71 |
| 2022-04-01 | $169,000 (11.2%) | $366,670 (60.3%) | 0.00 | 73 |
| 2022-05-01 | $201,225 (22.0%) | $313,297 (29.7%) | 0.00 | 88 |
| 2022-06-01 | $184,500 (7.6%) | $273,467 (12.2%) | 0.00 | 113 |
| 2022-07-01 | $185,000 (10.1%) | $278,303 (-12.7%) | 0.00 | 124 |
| 2022-08-01 | $189,000 (18.9%) | $272,709 (-4.7%) | 0.00 | 136 |
| 2022-09-01 | $186,000 (16.5%) | $260,986 (-12.5%) | 0.00 | 131 |
| 2022-10-01 | $185,000 (16.4%) | $249,808 (-15.8%) | 0.00 | 136 |
| 2022-11-01 | $189,000 (18.9%) | $256,239 (-11.3%) | 0.00 | 136 |
| 2022-12-01 | $177,000 (14.6%) | $248,897 (-11.8%) | 0.00 | 126 |
| 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 (20.0%) | $257,330 (-24.5%) | 0.00 | 107 |
| 2023-04-01 | $195,000 (15.4%) | $267,283 (-27.1%) | 0.00 | 104 |
| 2023-05-01 | $205,000 (1.9%) | $276,928 (-11.6%) | 0.00 | 105 |
| 2023-06-01 | $209,475 (13.5%) | $280,263 (2.5%) | 0.00 | 113 |
| 2023-07-01 | $206,250 (11.5%) | $268,525 (-3.5%) | 0.00 | 120 |
| 2023-08-01 | $194,250 (2.8%) | $252,738 (-7.3%) | 0.00 | 128 |
| 2023-09-01 | $189,000 (1.6%) | $248,457 (-4.8%) | 0.00 | 125 |
| 2023-10-01 | $181,975 (-1.6%) | $241,305 (-3.4%) | 0.00 | 135 |
| 2023-11-01 | $194,725 (3.0%) | $244,018 (-4.8%) | 0.00 | 135 |
| 2023-12-01 | $190,000 (7.3%) | $226,889 (-8.8%) | 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 |
Parkersburg's median listing price comes in at 0% of the national average.
Parkersburg's average listing price for 2024-03-01 was $271,610, a difference of $14,280 (5.6%) versus the prior year and $23,038 versus the prior month.
For the 2024-03-01 period, Parkersburg had 124 MLS listings, a difference of 14 listings (13%) versus the prior month and 17 listings (16%) 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 | 1,595 sqft |
| 2018-02-01 | 0 days | 1,594 sqft |
| 2018-03-01 | 0 days | 1,566 sqft |
| 2018-04-01 | 0 days | 1,629 sqft |
| 2018-05-01 | 0 days | 1,603 sqft |
| 2018-06-01 | 0 days | 1,668 sqft |
| 2018-07-01 | 0 days | 1,859 sqft |
| 2018-08-01 | 0 days | 1,823 sqft |
| 2018-09-01 | 0 days | 1,840 sqft |
| 2018-10-01 | 0 days | 1,850 sqft |
| 2018-11-01 | 0 days | 1,859 sqft |
| 2018-12-01 | 0 days | 1,815 sqft |
| 2019-01-01 | 0 days | 1,859 sqft |
| 2019-02-01 | 0 days | 1,880 sqft |
| 2019-03-01 | 0 days | 1,905 sqft |
| 2019-04-01 | 0 days | 1,928 sqft |
| 2019-05-01 | 0 days | 1,694 sqft |
| 2019-06-01 | 0 days | 1,748 sqft |
| 2019-07-01 | 0 days | 1,751 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 | 1,798 sqft |
| 2020-02-01 | 0 days | 1,829 sqft |
| 2020-03-01 | 0 days | 1,836 sqft |
| 2020-04-01 | 0 days | 1,855 sqft |
| 2020-05-01 | 0 days | 1,833 sqft |
| 2020-06-01 | 0 days | 1,832 sqft |
| 2020-07-01 | 0 days | 1,828 sqft |
| 2020-08-01 | 0 days | 1,840 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 | 1,890 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 | 1,774 sqft |
| 2021-08-01 | 0 days | 1,719 sqft |
| 2021-09-01 | 0 days | 1,818 sqft |
| 2021-10-01 | 0 days | 1,773 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 | 1,816 sqft |
| 2022-04-01 | 0 days | 1,826 sqft |
| 2022-05-01 | 0 days | 1,839 sqft |
| 2022-06-01 | 0 days | 1,834 sqft |
| 2022-07-01 | 0 days | 1,843 sqft |
| 2022-08-01 | 0 days | 1,917 sqft |
| 2022-09-01 | 0 days | 1,908 sqft |
| 2022-10-01 | 0 days | 1,858 sqft |
| 2022-11-01 | 0 days | 2,003 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 | 1,826 sqft |
| 2023-04-01 | 0 days | 1,840 sqft |
| 2023-05-01 | 0 days | 1,839 sqft |
| 2023-06-01 | 0 days | 1,884 sqft |
| 2023-07-01 | 0 days | 1,856 sqft |
| 2023-08-01 | 0 days | 1,853 sqft |
| 2023-09-01 | 0 days | 1,792 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 | 1,911 sqft |
| 2024-02-01 | 0 days | 2,057 sqft |
| 2024-03-01 | 0 days | 2,205 sqft |
Parkersburg's median square footage for active listings during the 2024-03-01 period was 2,205 sqft. One year prior, the average listing was 1,826 sqft.