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 177 lenders originated 3,624 VA loans during 2024. The total origination value was $1,279,930,000, with an average VA loan value of $353,182.
Pensacola VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Pensacola
averaged
6.09%
for the week of 2025-04-04, compared to the national average (all VA variants) of
6.06% for the same period.
Pensacola's average VA mortgage closing costs are $6,866.
The average rate for the prior week (2025-03-28) was
6.01% and
one month ago for the week of 2025-02-28, the
average rate was 6.29%.
The average rate one year ago was 6.4%.
For refis of the same type during the week of 2025-04-04, the average rate
was 5.97%.
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.
The top Pensacola VA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with
397 VA loans originated. Their average total fees are
$5,121, which is $3,145
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Pensacola VA lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($5,121), EAGLE HOME MORTGAGE, LLC ($6,026), PLANET HOME LENDING, LLC ($6,071), NAVY FEDERAL CREDIT UNION ($6,118) and NBKC BANK ($6,185).
The lowest rate Pensacola VA lenders (with over 10 loans originated) are
FBC MORTGAGE, LLC (4.62%), EAGLE HOME MORTGAGE, LLC (4.84%), DHI MORTGAGE COMPANY, LTD. (4.85%), PLANET HOME LENDING, LLC (5.23%) and INSPIRE HOME LOANS INC. (5.25%).
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%) | $335,503 (9.7%) | 0.93 | 2,375 |
| 2018-02-01 | $250,000 (9.7%) | $334,126 (7.2%) | 0.91 | 2,420 |
| 2018-03-01 | $258,650 (11.0%) | $340,708 (6.4%) | 0.91 | 2,444 |
| 2018-04-01 | $261,301 (9.7%) | $349,888 (6.2%) | 0.89 | 2,454 |
| 2018-05-01 | $264,900 (10.1%) | $348,056 (0.6%) | 0.88 | 2,598 |
| 2018-06-01 | $261,899 (8.4%) | $342,823 (3.4%) | 0.87 | 2,629 |
| 2018-07-01 | $260,000 (6.1%) | $340,897 (4.5%) | 0.87 | 2,726 |
| 2018-08-01 | $256,950 (5.2%) | $335,171 (3.5%) | 0.86 | 2,707 |
| 2018-09-01 | $258,725 (4.4%) | $337,210 (1.7%) | 0.87 | 2,637 |
| 2018-10-01 | $257,450 (5.2%) | $339,736 (4.0%) | 0.87 | 2,605 |
| 2018-11-01 | $259,000 (6.3%) | $339,240 (3.0%) | 0.88 | 2,575 |
| 2018-12-01 | $254,700 (1.9%) | $338,117 (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%) | $355,711 (4.4%) | 0.86 | 2,443 |
| 2019-04-01 | $270,925 (3.7%) | $374,519 (7.0%) | 0.86 | 2,384 |
| 2019-05-01 | $275,225 (3.9%) | $376,497 (8.2%) | 0.86 | 2,397 |
| 2019-06-01 | $275,900 (5.4%) | $383,440 (11.9%) | 0.86 | 2,345 |
| 2019-07-01 | $279,000 (7.3%) | $387,600 (13.7%) | 0.87 | 2,308 |
| 2019-08-01 | $278,536 (8.4%) | $387,367 (15.6%) | 0.88 | 2,293 |
| 2019-09-01 | $276,491 (6.9%) | $388,133 (15.1%) | 0.88 | 2,283 |
| 2019-10-01 | $274,900 (6.8%) | $387,961 (14.2%) | 0.89 | 2,276 |
| 2019-11-01 | $274,900 (6.1%) | $389,208 (14.7%) | 0.90 | 2,210 |
| 2019-12-01 | $270,000 (6.0%) | $390,041 (15.4%) | 0.90 | 2,148 |
| 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 | $283,973 (7.8%) | $398,620 (12.1%) | 0.89 | 1,963 |
| 2020-04-01 | $279,950 (3.3%) | $391,287 (4.5%) | 0.88 | 2,034 |
| 2020-05-01 | $289,000 (5.0%) | $404,731 (7.5%) | 0.88 | 1,921 |
| 2020-06-01 | $295,731 (7.2%) | $425,737 (11.0%) | 0.87 | 1,570 |
| 2020-07-01 | $291,900 (4.6%) | $429,399 (10.8%) | 0.85 | 1,483 |
| 2020-08-01 | $289,000 (3.8%) | $442,223 (14.2%) | 0.83 | 1,400 |
| 2020-09-01 | $289,900 (4.9%) | $423,539 (9.1%) | 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 (14.0%) | 0.82 | 1,134 |
| 2020-12-01 | $290,005 (7.4%) | $442,666 (13.5%) | 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 (25.9%) | 0.96 | 757 |
| 2021-04-01 | $337,725 (20.6%) | $505,060 (29.1%) | 0.91 | 778 |
| 2021-05-01 | $339,000 (17.3%) | $500,759 (23.7%) | 0.90 | 837 |
| 2021-06-01 | $341,193 (15.4%) | $498,924 (17.2%) | 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 | $374,950 (18.1%) | $568,539 (19.1%) | 0.98 | 752 |
| 2022-03-01 | $375,062 (10.5%) | $552,380 (10.0%) | 0.94 | 749 |
| 2022-04-01 | $380,833 (12.8%) | $554,640 (9.8%) | 0.91 | 803 |
| 2022-05-01 | $389,684 (15.0%) | $551,657 (10.2%) | 0.89 | 1,028 |
| 2022-06-01 | $391,725 (14.8%) | $556,940 (11.6%) | 0.87 | 1,291 |
| 2022-07-01 | $394,900 (17.6%) | $545,029 (8.0%) | 0.89 | 1,743 |
| 2022-08-01 | $395,783 (13.1%) | $554,144 (8.7%) | 0.91 | 1,818 |
| 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 | $389,675 (3.9%) | $528,670 (-4.3%) | 0.92 | 1,719 |
| 2023-04-01 | $395,000 (3.7%) | $541,809 (-2.3%) | 0.92 | 1,705 |
| 2023-05-01 | $399,400 (2.5%) | $552,510 (0.2%) | 0.91 | 1,699 |
| 2023-06-01 | $393,769 (0.5%) | $543,887 (-2.3%) | 0.88 | 1,751 |
| 2023-07-01 | $388,000 (-1.8%) | $536,841 (-1.5%) | 0.88 | 1,835 |
| 2023-08-01 | $384,725 (-2.8%) | $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 |
| 2023-11-01 | $367,350 (-1.4%) | $513,637 (3.0%) | 0.87 | 2,466 |
| 2023-12-01 | $364,900 (-1.4%) | $510,492 (2.6%) | 0.89 | 2,472 |
| 2024-01-01 | $361,200 (-6.2%) | $512,652 (0.1%) | 0.88 | 2,364 |
| 2024-02-01 | $365,000 (-3.9%) | $516,662 (1.3%) | 0.88 | 2,448 |
| 2024-03-01 | $369,000 (-5.3%) | $522,763 (-1.1%) | 0.87 | 2,570 |
| 2024-04-01 | $370,642 (-6.2%) | $531,987 (-1.8%) | 0.86 | 2,745 |
| 2024-05-01 | $373,975 (-6.4%) | $536,734 (-2.9%) | 0.85 | 2,802 |
| 2024-06-01 | $375,000 (-4.8%) | $530,144 (-2.5%) | 0.85 | 2,921 |
| 2024-07-01 | $375,000 (-3.4%) | $527,370 (-1.8%) | 0.86 | 2,942 |
| 2024-08-01 | $369,000 (-4.1%) | $518,999 (-1.5%) | 0.86 | 2,998 |
| 2024-09-01 | $362,250 (-3.4%) | $513,377 (-1.0%) | 0.85 | 3,106 |
| 2024-10-01 | $364,900 (-2.1%) | $508,857 (-1.4%) | 0.86 | 3,093 |
| 2024-11-01 | $363,242 (-1.1%) | $508,221 (-1.1%) | 0.87 | 3,058 |
| 2024-12-01 | $355,000 (-2.7%) | $494,905 (-3.1%) | 0.88 | 2,910 |
| 2025-01-01 | $355,450 (-1.6%) | $499,073 (-2.7%) | 0.89 | 2,849 |
| 2025-02-01 | $355,000 (-2.7%) | $507,762 (-1.7%) | 0.86 | 2,932 |
| 2025-03-01 | $359,900 (-2.5%) | $512,108 (-2.0%) | 0.00 | 3,039 |
Pensacola's median listing price comes in at 0% of the national average.
Pensacola's average listing price for 2025-03-01 was $512,108, a difference of $-10,655 (-2.0%) versus the prior year and $4,346 versus the prior month.
For the 2025-03-01 period, Pensacola had 3,039 MLS listings, a difference of 107 listings (4%) versus the prior month and 469 listings (18%) 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 | 1,961 sqft |
| 2018-02-01 | 75 days | 1,942 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 | 1,955 sqft |
| 2018-09-01 | 73 days | 1,950 sqft |
| 2018-10-01 | 75 days | 1,959 sqft |
| 2018-11-01 | 80 days | 1,969 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 | 66 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 | 1,915 sqft |
| 2020-09-01 | 47 days | 1,904 sqft |
| 2020-10-01 | 48 days | 1,900 sqft |
| 2020-11-01 | 44 days | 1,850 sqft |
| 2020-12-01 | 42 days | 1,859 sqft |
| 2021-01-01 | 44 days | 1,874 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 | 1,923 sqft |
| 2022-03-01 | 22 days | 1,897 sqft |
| 2022-04-01 | 18 days | 1,892 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 | 1,932 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 | 1,859 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 |
| 2023-11-01 | 58 days | 1,805 sqft |
| 2023-12-01 | 66 days | 1,787 sqft |
| 2024-01-01 | 78 days | 1,775 sqft |
| 2024-02-01 | 72 days | 1,776 sqft |
| 2024-03-01 | 57 days | 1,773 sqft |
| 2024-04-01 | 57 days | 1,782 sqft |
| 2024-05-01 | 55 days | 1,782 sqft |
| 2024-06-01 | 59 days | 1,787 sqft |
| 2024-07-01 | 66 days | 1,805 sqft |
| 2024-08-01 | 67 days | 1,779 sqft |
| 2024-09-01 | 70 days | 1,783 sqft |
| 2024-10-01 | 74 days | 1,777 sqft |
| 2024-11-01 | 79 days | 1,780 sqft |
| 2024-12-01 | 85 days | 1,771 sqft |
| 2025-01-01 | 88 days | 1,766 sqft |
| 2025-02-01 | 83 days | 1,765 sqft |
| 2025-03-01 | 0 days | 1,766 sqft |
Pensacola's median square footage for active listings during the 2025-03-01 period was 1,766 sqft. One year prior, the average listing was 1,773 sqft.