Pensacola VA Loan Rates, Closing Costs & Stats

PENSACOLA-FERRY PASS-BRENT, 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.

Pensacola's 216 lenders originated 4,508 VA loans during 2022. The total origination value was $1,506,880,000, with an average VA loan value of $334,268.

Pensacola VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Pensacola averaged -0.11% for the week of 2023-11-24, compared to the national average (all VA variants) of 0% for the same period.

Pensacola's average VA mortgage closing costs are $6,392.

The average rate for the prior week (2023-11-17) was 6.63% and one month ago for the week of 2023-10-20, the average rate was 6.86%.

The average rate one year ago was 6.18%.

For refis of the same type during the week of 2023-11-24, the average rate was -1.28%.

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

Pensacola 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 Pensacola level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 444 5.05% $8,990
DHI MORTGAGE COMPANY, LTD. 401 4.15% $6,564
NAVY FEDERAL CREDIT UNION 307 3.97% $7,794
UNITED WHOLESALE MORTGAGE, LLC 258 4.28% $9,435
QUICKEN LOANS, LLC 221 4.06% $11,277
UNIVERSITY LENDING GROUP, LLC 173 4.34% $10,074
FREEDOM MORTGAGE CORPORATION 159 3.98% $10,912
BROKER SOLUTIONS, INC. 140 4.63% $10,592
THE MORTGAGE FIRM, INC. 125 5.09% $9,509
NEW DAY FINANCIAL, LLC 102 4.64% $11,981
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 100 5.02% $8,827
EVERETT FINANCIAL, INC. 93 4.52% $7,340
LOANDEPOT.COM, LLC 85 4.23% $9,595
PENNYMAC LOAN SERVICES, LLC 81 3.58% $10,792
USAA Federal Savings Bank 80 4.23% $9,594
MOVEMENT MORTGAGE, LLC 54 4.87% $9,345
FIRST COMMUNITY MORTGAGE, INC. 54 4.42% $9,262
HOME POINT FINANCIAL CORPORATION 53 4.25% $11,510
CMG MORTGAGE, INC. 53 4.46% $12,019
PRIMELENDING, A PLAINSCAPITAL COMPANY 51 4.60% $10,712
EAGLE HOME MORTGAGE, LLC 49 4.79% $8,981
CROSSCOUNTRY MORTGAGE, LLC 37 4.66% $11,447
AMERICAN MORTGAGE SERVICE COMPANY 35 4.34% $11,074
Paramount Residential Mortgage Group, Inc. 33 4.67% $10,457
GUARANTEED RATE AFFINITY, LLC 32 4.75% $8,856
MORTGAGE ONE OF THE SOUTH, INC. 32 4.02% $7,392
Mr. Cooper ( Nationstar Mortgage ) 31 4.72% $9,418
FBC MORTGAGE, LLC 29 4.45% $14,986
SOUTHEAST MORTGAGE OF GEORGIA, INC. 28 5.16% $10,937
NEWREZ LLC 27 3.81% $7,779
TOWNE MORTGAGE COMPANY 27 3.15% $12,098
PENTAGON FEDERAL CREDIT UNION 26 3.57% $8,597
CARDINAL FINANCIAL 25 4.72% $13,112
FIDELITY BANK 25 4.41% $7,368
University Bank 23 6.09% $9,530
LOANPAL, LLC 22 3.82% $12,867
The Federal Savings Bank 22 5.11% $14,893
Truist 21 4.42% $10,151
Bank of England 21 4.77% $12,761
HOMEBRIDGE FINANCIAL SERVICES, INC. 21 4.13% $10,976
LAKEVIEW LOAN SERVICING, LLC 21 3.40% $9,247
PRIMARY RESIDENTIAL MORTGAGE, INC. 20 4.96% $9,423
NBKC BANK 20 4.03% $11,107
The First, A National Banking Association 19 3.76% $11,098
Carrington Mortgage Services, LLC 18 4.35% $9,754
GUARANTEED RATE, INC. 17 4.58% $12,086
Citizens Bank 17 4.22% $8,444
Flagstar Bank, FSB 16 4.32% $13,545
CALIBER HOME LOANS, INC. 16 4.54% $10,474
AMERISAVE MORTGAGE CORPORATION 15 4.33% $14,298
Synovus Bank 15 5.16% $6,279
CERTAINTY HOME LOANS, LLC 14 4.10% $9,952
DSLD MORTGAGE, LLC 13 4.75% $8,787
DAS Acquisition Company, LLC 12 6.13% $7,110
PLANET HOME LENDING, LLC 12 3.72% $6,287
HOMETRUST MORTGAGE COMPANY 11 5.30% $6,792
Ameris Bank 11 4.48% $12,928
SOUTHPOINT FINANCIAL SERVICES, INC. 10 4.71% $8,480
Mid-Continent Funding, Inc. 10 5.46% $8,827
CLEARPATH LENDING 10 3.64% $13,478
UNION HOME MORTGAGE CORP. 9 2.75% $6,319
VILLAGE CAPITAL MORTGAGE 9 4.07% $8,737
ARK-LA-TEX FINANCIAL SERVICES, LLC. 9 5.78% $17,934
North American Savings Bank, F.S.B. 9 3.35% $9,178
Armed Forces Bank 9 4.60% $9,073
CBM Mortgage, Inc. 9 5.14% $11,903
Equity Prime Mortgage LLC 8 4.55% $9,078
MUTUAL OF OMAHA MORTGAGE, INC. 8 3.23% $10,242
Wells Fargo Bank 8 4.13% $5,127
Barrington Bank & Trust Company, N.A. 8 5.14% $10,594
Waterstone Mortgage Corporation 7 4.38% $13,851
Trustmark National Bank 7 3.95% $8,232
NETWORK CAPITAL FUNDING CORPORATION 7 3.68% $6,690
MORTGAGE SOLUTIONS OF COLORADO, LLC 7 5.34% $9,498
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 7 5.52% $7,902
Hometown Lenders, Inc. 6 3.92% $11,430
SOVEREIGN LENDING GROUP INCORPORATED 6 4.35% $24,473
Nations Lending Corporation 6 5.42% $13,090
Regions Bank 6 4.29% $12,424
The Central Trust Bank 6 3.94% $9,088
Magnolia Bank 6 4.77% $10,477
Lakeview Community Capital, LLC 5 3.40% $6,608
VERITAS FUNDING, LLC 5 4.07% $21,949
BAY EQUITY LLC 5 5.23% $11,686
AMERICAN FINANCING CORPORATION 5 3.80% $8,455
CityWorth Mortgage LLC 4 4.16% $15,221
CHURCHILL MORTGAGE CORPORATION 4 4.59% $15,474
AMERICAN PACIFIC MORTGAGE CORPORATION 4 4.50% $8,246
INLANTA MORTGAGE, INC. 4 3.69% $8,203
THRIVE MORTGAGE, LLC 4 6.78% $10,510
Progress Bank and Trust 4 4.25% $11,696
Texana Bank 4 4.63% $16,722
CONTOUR MORTGAGE CORPORATION 4 4.16% $14,376
M&T Bank 4 3.72% $5,680
HARVESTERS FEDERAL CREDIT UNION 4 4.56% $5,957
FOUNDATION MORTGAGE CORPORATION 3 3.29% $13,344
Strong Home Mortgage, LLC 3 3.13% $8,913
Centennial Bank 3 5.54% $15,888
Century Mortgage Company DBA Century Lending Company 3 4.29% $8,334
SECURITYNATIONAL MORTGAGE COMPANY 3 5.46% $19,913
CITY FIRST MORTGAGE SERVICES, L.L.C. 3 5.71% $11,689
KELLER MORTGAGE, LLC 3 4.96% $13,030
LADERA LENDING, INC. 3 4.38% $10,504
Lend Smart Mortgage, LLC 3 5.08% $11,265
RESIDENTIAL BANCORP 3 5.00% $11,181
ACADEMY MORTGAGE CORPORATION 3 5.00% $9,677
Prosperity Home Mortgage, LLC 3 5.00% $8,697
First Guaranty Mortgage Corporation 3 3.25% $10,062
PLAZA HOME MORTGAGE, INC. 3 4.00% $8,553
ZILLOW HOME LOANS, LLC 3 4.67% $6,448
Plains Commerce Bank 3 5.04% $13,936
NEW FED MORTGAGE, CORP. 3 4.79% $11,246
NFM, INC. 3 4.75% $10,577
FEDERATED MORTGAGE CORP. 2 5.13% $16,051
ENDEAVOR CAPITAL, LLC. 2 5.00% $5,700
LEADERONE FINANCIAL CORPORATION 2 4.81% $17,315
FirstBank 2 4.31% $9,934
TOP FLITE FINANCIAL, INC. 2 5.19% $18,143
RELIANCE FIRST CAPITAL, LLC 2 5.25% $11,616
Low VA Rates, LLC 2 5.31% $10,357
Gulf Coast Bank and Trust Company 2 4.50% $11,612
MCLEAN MORTGAGE CORPORATION 2 4.12% $14,660
First Mortgage Solutions, LLC 2 3.94% $10,241
MICHIGAN MUTUAL, INC. 2 5.88% $5,485
FIRST HOME MORTGAGE CORPORATION 2 5.06% $9,275
BNC National Bank 2 2.69% $6,033
VANDERBILT MORTGAGE AND FINANCE, INC. 2 5.63% $6,691
Colten Mortgage, LLC 2 4.75% $13,643
VYSTAR 2 4.06% $9,341
GUILD MORTGAGE COMPANY 2 5.13% $13,246
AMERICAN FINANCIAL RESOURCES, INC. 2 4.56% $4,593
Prime Choice Funding Inc. 2 3.06% $4,251
DRAPER AND KRAMER MORTGAGE CORP. 2 3.00% $8,669
Atlantic Coast Mortgage, LLC 2 4.69% $21,581
First Federal Bank 2 4.25% $12,150
HOMESTAR FINANCIAL CORPORATION 2 3.75% $16,923
CANOPY MORTGAGE, LLC 2 3.00% $4,326
STOCKTON MORTGAGE CORPORATION 2 4.25% $11,078
SUN WEST MORTGAGE COMPANY, INC. 2 5.63% $9,302
HOMESIDE FINANCIAL, LLC 2 4.37% $11,124
INSPIRE HOME LOANS INC. 2 6.25% $5,695
Sierra Pacific Mortgage Company, Inc. 2 3.56% $15,914
HOMEOWNERS FINANCIAL GROUP USA, LLC 2 5.38% $9,214
Ixonia Bank 2 4.69% $12,113
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 4.63% $12,880
GMFS LLC 2 3.75% $886
GoPrime Mortgage, Inc. 2 2.69% $6,415
SOUTHERN TRUST MORTGAGE, LLC 2 4.31% $15,147
PNC Bank 2 3.75% $6,320
TD Bank 1 6.75% $2,168
1ST SIGNATURE LENDING, LLC 1 5.13% $3,950
Academy Bank 1 5.00% $11,434
ACOPIA, LLC 1 5.25% $10,240
Amerifirst Financial, Inc. 1 4.25% $16,068
ANGEL OAK HOME LOANS LLC 1 5.13% $12,108
BancorpSouth 1 5.13% $6,148
Capital Bank 1 3.00% $4,473
Capital City Home Loans, LLC 1 5.63% $7,541
CHERRY CREEK MORTGAGE, LLC 1 2.50% $748
Colony Bank 1 3.00% $8,454
Commerce Home Mortgage, Inc. 1 4.50% $6,654
CORNERSTONE HOME LENDING, INC. 1 5.25% $7,788
Credence Funding Corporation 1 2.75% $12,226
DG PINNACLE FUNDING LLC 1 6.13% $6,199
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 5.13% $3,137
DIRECT MORTGAGE, CORP. 1 5.63% $9,382
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 3.25% $7,180
Evolve Bank & Trust 1 4.00% $16,144
FIDELITY FUNDING MORTGAGE CORP. 1 6.63% $11,441
First Bank 1 3.88% $3,901
First Federal Bank of the Midwest 1 5.13% $9,449
First Home Bank 1 5.63% $16,612
First Horizon Bank 1 6.63% $8,929
FLAT BRANCH MORTGAGE, INC. 1 3.38% $20,696
Gateway First Bank 1 4.00% $4,975
GENEVA FINANCIAL, LLC 1 6.75% $23,050
George Mason Mortgage, LLC 1 3.38% $5,141
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 3.75% $15,819
Goldwater Bank, N.A. 1 5.25% $16,875
Great Plains National Bank 1 5.13% $13,427
Gulf Winds Credit Union 1 2.50% $8,422
HANCOCK MORTGAGE PARTNERS, LLC 1 4.25% $3,685
INB 1 2.75% $8,473
INTELLILOAN, INC. 1 4.75% $18,668
INTERCOASTAL MORTGAGE COMPANY 1 3.25% $4,432
JPMorgan Chase Bank 1 4.38% $10,578
KEESLER 1 3.25% $3,299
Key Mortgage Services, Inc. 1 5.88% $4,456
Meridian Bank Corporation 1 4.88% $20,427
MILEND, INC. 1 2.99% $10,599
MORIA DEVELOPMENT, INC. 1 4.63% $12,722
MORTGAGE ACCESS CORP. 1 7.63% $6,251
MYCUMORTGAGE, LLC 1 6.13% $13,205
NATIONS DIRECT MORTGAGE, LLC 1 3.75% $22,067
NBH Bank 1 4.25% $14,023
Northpointe Bank 1 3.75% $3,638
ON Q FINANCIAL, INC. 1 3.38% $2,486
OPEN MORTGAGE, LLC 1 3.50% $12,215
Paramount Bank 1 3.88% $6,304
PHH Mortgage Corporation 1 3.50% $4,049
PIKE CREEK MORTGAGE SERVICES, INC. 1 3.75% $12,530
PREMIA MORTGAGE, LLC 1 5.75% $3,647
Presidential Bank, FSB 1 6.25% $8,091
RAPID MORTGAGE COMPANY 1 6.63% $26,107
Red River Bank 1 3.75% $13,270
RESOURCE FINANCIAL SERVICES, INC. 1 5.25% $17,852
Service Federal Credit Union 1 3.38% $16,336
South State Bank 1 5.75% $13,687
SOUTHWEST STAGE FUNDING, LLC 1 5.25% $9,954
SUCCESS MORTGAGE PARTNERS, INC. 1 3.50% $14,614
1ST FINANCIAL, INC. 1 5.63% $7,672
TJC Mortgage, Inc. 1 4.25% $17,343
United Fidelity Funding Corp. 1 3.50% $3,293
U.S. Bank 1 4.99% $5,121
West Town Bank & Trust 1 4.63% $16,637
Wyndham Capital Mortgage, Inc. 1 2.75% $1,851

The top Pensacola VA lender as defined by loan originations is Mortgage Research Center, LLC, with 444 VA loans originated. Their average total fees are $8,990, which is $2,426 higher than the next largest lender, DHI MORTGAGE COMPANY, LTD..

The lowest fee Pensacola VA lenders (with over 10 loans originated) are Synovus Bank ($6,279), PLANET HOME LENDING, LLC ($6,287), DHI MORTGAGE COMPANY, LTD. ($6,564), HOMETRUST MORTGAGE COMPANY ($6,792) and DAS Acquisition Company, LLC ($7,110).

The lowest rate Pensacola VA lenders (with over 10 loans originated) are TOWNE MORTGAGE COMPANY (3.15%), LAKEVIEW LOAN SERVICING, LLC (3.40%), PENTAGON FEDERAL CREDIT UNION (3.57%), PENNYMAC LOAN SERVICES, LLC (3.58%) and CLEARPATH LENDING (3.64%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Pensacola (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 $250,000 (10.8%) $335,624 (9.7%) 0.93 2,376
2018-02-01 $250,000 (9.7%) $334,245 (7.2%) 0.91 2,421
2018-03-01 $258,800 (11.1%) $340,821 (6.4%) 0.91 2,445
2018-04-01 $261,350 (9.7%) $349,987 (6.2%) 0.89 2,455
2018-05-01 $264,900 (10.1%) $348,140 (0.5%) 0.88 2,599
2018-06-01 $261,900 (8.3%) $342,910 (3.5%) 0.87 2,630
2018-07-01 $260,125 (6.2%) $340,981 (4.5%) 0.87 2,727
2018-08-01 $256,975 (5.2%) $335,258 (3.5%) 0.86 2,708
2018-09-01 $258,750 (4.4%) $337,299 (1.7%) 0.87 2,638
2018-10-01 $257,563 (5.2%) $339,825 (4.0%) 0.87 2,606
2018-11-01 $259,000 (6.3%) $339,284 (3.0%) 0.88 2,576
2018-12-01 $254,700 (1.9%) $338,136 (0.5%) 0.88 2,539
2019-01-01 $255,000 (2.0%) $339,641 (1.2%) 0.88 2,433
2019-02-01 $254,950 (2.0%) $342,453 (2.5%) 0.86 2,455
2019-03-01 $263,329 (1.8%) $355,675 (4.4%) 0.86 2,443
2019-04-01 $270,925 (3.7%) $374,476 (7.0%) 0.86 2,384
2019-05-01 $275,450 (4.0%) $376,679 (8.2%) 0.86 2,398
2019-06-01 $275,900 (5.4%) $383,811 (11.9%) 0.86 2,346
2019-07-01 $279,000 (7.3%) $387,946 (13.8%) 0.87 2,309
2019-08-01 $278,536 (8.4%) $387,681 (15.6%) 0.88 2,294
2019-09-01 $276,491 (6.9%) $388,443 (15.2%) 0.88 2,284
2019-10-01 $274,900 (6.7%) $388,266 (14.3%) 0.89 2,277
2019-11-01 $274,900 (6.1%) $389,525 (14.8%) 0.90 2,211
2019-12-01 $270,000 (6.0%) $390,366 (15.5%) 0.90 2,149
2020-01-01 $269,900 (5.8%) $392,387 (15.5%) 0.90 2,051
2020-02-01 $271,800 (6.6%) $392,301 (14.6%) 0.89 2,008
2020-03-01 $283,995 (7.9%) $398,949 (12.2%) 0.89 1,964
2020-04-01 $279,975 (3.3%) $391,614 (4.6%) 0.88 2,035
2020-05-01 $289,000 (4.9%) $405,029 (7.5%) 0.88 1,922
2020-06-01 $295,836 (7.2%) $426,082 (11.0%) 0.87 1,571
2020-07-01 $291,900 (4.6%) $429,399 (10.7%) 0.85 1,483
2020-08-01 $289,000 (3.8%) $442,223 (14.1%) 0.83 1,400
2020-09-01 $289,900 (4.9%) $423,539 (9.0%) 0.83 1,266
2020-10-01 $285,000 (3.7%) $434,665 (12.0%) 0.82 1,175
2020-11-01 $281,825 (2.5%) $443,803 (13.9%) 0.82 1,134
2020-12-01 $290,005 (7.4%) $442,666 (13.4%) 0.86 1,099
2021-01-01 $300,000 (11.2%) $444,641 (13.3%) 0.90 1,025
2021-02-01 $317,500 (16.8%) $477,274 (21.7%) 0.92 811
2021-03-01 $339,450 (19.5%) $502,029 (25.8%) 0.96 757
2021-04-01 $337,725 (20.6%) $505,060 (29.0%) 0.91 778
2021-05-01 $339,000 (17.3%) $500,759 (23.6%) 0.90 837
2021-06-01 $341,193 (15.3%) $498,924 (17.1%) 0.90 931
2021-07-01 $335,750 (15.0%) $504,602 (17.5%) 0.89 1,080
2021-08-01 $349,900 (21.1%) $509,639 (15.2%) 0.93 1,160
2021-09-01 $347,225 (19.8%) $516,864 (22.0%) 0.93 1,216
2021-10-01 $350,000 (22.8%) $520,877 (19.8%) 0.93 1,234
2021-11-01 $356,925 (26.7%) $518,612 (16.9%) 0.95 1,208
2021-12-01 $362,875 (25.1%) $531,853 (20.2%) 0.98 1,094
2022-01-01 $369,900 (23.3%) $526,080 (18.3%) 1.00 983
2022-02-01 $374,925 (18.1%) $568,321 (19.1%) 0.98 752
2022-03-01 $375,031 (10.5%) $551,965 (10.0%) 0.94 750
2022-04-01 $380,011 (12.5%) $554,229 (9.7%) 0.91 803
2022-05-01 $389,601 (14.9%) $551,494 (10.1%) 0.89 1,028
2022-06-01 $391,725 (14.8%) $556,791 (11.6%) 0.87 1,292
2022-07-01 $394,900 (17.6%) $545,029 (8.0%) 0.89 1,743
2022-08-01 $396,316 (13.3%) $554,328 (8.8%) 0.92 1,817
2022-09-01 $392,000 (12.9%) $548,117 (6.1%) 0.92 1,815
2022-10-01 $371,260 (6.1%) $503,247 (-3.4%) 0.87 2,542
2022-11-01 $372,400 (4.3%) $498,532 (-3.9%) 0.90 2,566
2022-12-01 $369,900 (1.9%) $497,534 (-6.5%) 0.91 2,363
2023-01-01 $384,900 (4.1%) $512,182 (-2.6%) 0.95 1,976
2023-02-01 $379,925 (1.3%) $510,048 (-10.3%) 0.92 1,814
2023-03-01 $389,450 (3.8%) $528,524 (-4.3%) 0.92 1,720
2023-04-01 $395,000 (3.9%) $541,661 (-2.3%) 0.92 1,706
2023-05-01 $399,083 (2.4%) $552,356 (0.2%) 0.90 1,700
2023-06-01 $393,769 (0.5%) $543,815 (-2.3%) 0.88 1,752
2023-07-01 $388,000 (-1.8%) $536,841 (-1.5%) 0.88 1,835
2023-08-01 $384,725 (-2.9%) $527,005 (-4.9%) 0.88 1,984
2023-09-01 $375,000 (-4.3%) $518,430 (-5.4%) 0.87 2,127
2023-10-01 $372,875 (0.4%) $515,897 (2.5%) 0.88 2,318
Pensacola's median listing price for 2023-10-01 was $372,875, a difference of $1,615 (0.4%) versus the prior year and $-2,125 versus the prior month.

Pensacola's median listing price comes in at 88% of the national average.

Pensacola's average listing price for 2023-10-01 was $515,897, a difference of $12,650 (2.5%) versus the prior year and $-2,533 versus the prior month.

For the 2023-10-01 period, Pensacola had 2,318 MLS listings, a difference of 191 listings (9%) versus the prior month and -224 listings (-9%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Pensacola (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 82 days 1,960 sqft
2018-02-01 75 days 1,941 sqft
2018-03-01 60 days 1,983 sqft
2018-04-01 59 days 1,997 sqft
2018-05-01 58 days 2,000 sqft
2018-06-01 60 days 1,978 sqft
2018-07-01 66 days 1,981 sqft
2018-08-01 70 days 1,954 sqft
2018-09-01 73 days 1,950 sqft
2018-10-01 75 days 1,959 sqft
2018-11-01 80 days 1,968 sqft
2018-12-01 84 days 1,950 sqft
2019-01-01 87 days 1,944 sqft
2019-02-01 82 days 1,924 sqft
2019-03-01 70 days 1,954 sqft
2019-04-01 55 days 2,000 sqft
2019-05-01 51 days 2,016 sqft
2019-06-01 59 days 2,009 sqft
2019-07-01 63 days 2,005 sqft
2019-08-01 62 days 2,008 sqft
2019-09-01 62 days 2,008 sqft
2019-10-01 60 days 2,008 sqft
2019-11-01 65 days 2,004 sqft
2019-12-01 75 days 1,969 sqft
2020-01-01 77 days 1,973 sqft
2020-02-01 63 days 1,986 sqft
2020-03-01 55 days 2,026 sqft
2020-04-01 58 days 1,988 sqft
2020-05-01 61 days 1,989 sqft
2020-06-01 56 days 1,991 sqft
2020-07-01 45 days 1,959 sqft
2020-08-01 44 days 1,914 sqft
2020-09-01 47 days 1,903 sqft
2020-10-01 48 days 1,900 sqft
2020-11-01 44 days 1,850 sqft
2020-12-01 42 days 1,857 sqft
2021-01-01 44 days 1,873 sqft
2021-02-01 36 days 1,890 sqft
2021-03-01 21 days 1,979 sqft
2021-04-01 19 days 1,897 sqft
2021-05-01 17 days 1,850 sqft
2021-06-01 20 days 1,850 sqft
2021-07-01 23 days 1,848 sqft
2021-08-01 26 days 1,855 sqft
2021-09-01 29 days 1,855 sqft
2021-10-01 32 days 1,849 sqft
2021-11-01 37 days 1,858 sqft
2021-12-01 46 days 1,913 sqft
2022-01-01 45 days 1,892 sqft
2022-02-01 24 days 1,922 sqft
2022-03-01 22 days 1,896 sqft
2022-04-01 18 days 1,891 sqft
2022-05-01 19 days 1,896 sqft
2022-06-01 24 days 1,885 sqft
2022-07-01 29 days 1,903 sqft
2022-08-01 39 days 1,933 sqft
2022-09-01 47 days 1,939 sqft
2022-10-01 53 days 1,859 sqft
2022-11-01 55 days 1,854 sqft
2022-12-01 65 days 1,873 sqft
2023-01-01 73 days 1,876 sqft
2023-02-01 65 days 1,838 sqft
2023-03-01 57 days 1,852 sqft
2023-04-01 52 days 1,873 sqft
2023-05-01 49 days 1,858 sqft
2023-06-01 47 days 1,831 sqft
2023-07-01 51 days 1,830 sqft
2023-08-01 49 days 1,830 sqft
2023-09-01 50 days 1,818 sqft
2023-10-01 54 days 1,813 sqft
Pensacola's median listing age (time on market) for 2023-10-01 was 54 days. This is 1% longer than the same period one year ago.

Pensacola's median square footage for active listings during the 2023-10-01 period was 1,813 sqft. One year prior, the average listing was 1,859 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.