Plattsburgh VA Loan Rates, Closing Costs & Stats

Plattsburgh, NY

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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.

    Plattsburgh's 16 lenders originated 47 VA loans during 2023. The total origination value was $11,765,000, with an average VA loan value of $250,319.

    Plattsburgh VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Plattsburgh averaged 6.65% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Plattsburgh's average VA mortgage closing costs are $5,359.

    The average rate for the prior week (2025-02-07) was 6.68% and one month ago for the week of 2025-01-10, the average rate was 7.02%.

    The average rate one year ago was 6.64%.

    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.

    Plattsburgh 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 Plattsburgh level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    QUICKEN LOANS, LLC 8 6.17% $10,667
    Mortgage Research Center, LLC 8 6.79% $3,989
    UNITED WHOLESALE MORTGAGE, LLC 4 6.22% $2,812
    USAA Federal Savings Bank 4 6.50% $10,362
    ABSOLUTE HOME MORTGAGE CORPORATION 3 7.00% $9,288
    Community Bank 3 6.79% $4,572
    The Federal Savings Bank 2 6.69% $17,020
    Barrington Bank & Trust Company, N.A. 2 6.50% $2,826
    PENTAGON FEDERAL CREDIT UNION 2 5.44% $3,949
    NBKC BANK 1 6.63% $3,337
    KeyBank 1 6.38% $3,718
    TD Bank 1 5.88% $2,631
    LOANDEPOT.COM, LLC 1 5.88% $6,218
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.75% $4,451
    Mr. Cooper ( Nationstar Mortgage ) 1 5.75% $14,173
    NAVY FEDERAL CREDIT UNION 1 5.38% $3,372

    The top Plattsburgh VA lender as defined by loan originations is QUICKEN LOANS, LLC, with 8 VA loans originated. Their average total fees are $10,667, which is $6,678 higher than the next largest lender, Mortgage Research Center, LLC.

    The lowest fee Plattsburgh VA lenders (with over 10 loans originated) are .

    The lowest rate Plattsburgh VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Plattsburgh (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 $138,675 (-11.9%) $201,199 (-2.2%) 0.00 231
    2018-02-01 $139,900 (-7.2%) $206,617 (1.7%) 0.00 224
    2018-03-01 $154,900 (3.4%) $219,828 (9.4%) 0.00 221
    2018-04-01 $161,875 (8.6%) $233,205 (11.6%) 0.00 234
    2018-05-01 $169,925 (12.1%) $241,253 (7.7%) 0.00 250
    2018-06-01 $172,400 (6.1%) $242,173 (5.7%) 0.00 280
    2018-07-01 $179,900 (12.5%) $245,225 (9.4%) 0.00 288
    2018-08-01 $179,925 (12.5%) $245,997 (9.0%) 0.00 285
    2018-09-01 $175,000 (9.7%) $241,870 (11.1%) 0.00 269
    2018-10-01 $166,000 (4.2%) $238,755 (12.8%) 0.00 263
    2018-11-01 $172,325 (18.9%) $239,035 (16.7%) 0.00 237
    2018-12-01 $159,900 (14.3%) $219,611 (9.1%) 0.00 208
    2019-01-01 $156,569 (12.9%) $220,041 (9.4%) 0.00 181
    2019-02-01 $159,900 (14.3%) $221,689 (7.3%) 0.00 174
    2019-03-01 $159,943 (3.3%) $223,398 (1.6%) 0.00 170
    2019-04-01 $160,000 (-1.2%) $224,539 (-3.7%) 0.00 168
    2019-05-01 $169,950 (0.0%) $226,101 (-6.3%) 0.00 197
    2019-06-01 $169,900 (-1.5%) $228,621 (-5.6%) 0.00 238
    2019-07-01 $189,000 (5.1%) $239,961 (-2.2%) 0.00 269
    2019-08-01 $188,209 (4.6%) $234,857 (-4.5%) 0.00 278
    2019-09-01 $186,348 (6.5%) $233,584 (-3.4%) 0.00 273
    2019-10-01 $184,900 (11.4%) $232,735 (-2.5%) 0.00 260
    2019-11-01 $169,900 (-1.4%) $231,188 (-3.3%) 0.00 234
    2019-12-01 $167,450 (4.7%) $234,959 (7.0%) 0.00 194
    2020-01-01 $154,375 (-1.4%) $218,555 (-0.7%) 0.00 171
    2020-02-01 $159,450 (-0.3%) $226,183 (2.0%) 0.00 157
    2020-03-01 $189,675 (18.6%) $241,560 (8.1%) 0.00 169
    2020-04-01 $192,175 (20.1%) $242,578 (8.0%) 0.00 172
    2020-05-01 $189,000 (11.2%) $247,938 (9.7%) 0.00 152
    2020-06-01 $189,450 (11.5%) $244,837 (7.1%) 0.00 160
    2020-07-01 $200,000 (5.8%) $260,767 (8.7%) 0.00 166
    2020-08-01 $205,000 (8.9%) $269,342 (14.7%) 0.00 165
    2020-09-01 $202,450 (8.6%) $269,743 (15.5%) 0.00 172
    2020-10-01 $190,950 (3.3%) $262,285 (12.7%) 0.00 166
    2020-11-01 $192,175 (13.1%) $261,992 (13.3%) 0.00 163
    2020-12-01 $194,225 (16.0%) $260,107 (10.7%) 0.00 150
    2021-01-01 $189,000 (22.4%) $251,708 (15.2%) 0.00 133
    2021-02-01 $172,500 (8.2%) $238,214 (5.3%) 0.00 119
    2021-03-01 $200,125 (5.5%) $263,549 (9.1%) 0.00 94
    2021-04-01 $225,750 (17.5%) $285,342 (17.6%) 0.00 86
    2021-05-01 $239,000 (26.5%) $292,609 (18.0%) 0.00 86
    2021-06-01 $249,900 (31.9%) $292,594 (19.5%) 0.00 105
    2021-07-01 $230,000 (15.0%) $277,144 (6.3%) 0.00 110
    2021-08-01 $232,425 (13.4%) $263,006 (-2.4%) 0.00 106
    2021-09-01 $222,906 (10.1%) $244,814 (-9.2%) 0.00 102
    2021-10-01 $204,975 (7.3%) $260,171 (-0.8%) 0.00 102
    2021-11-01 $189,975 (-1.2%) $234,987 (-10.3%) 0.00 101
    2021-12-01 $189,925 (-2.2%) $224,896 (-13.5%) 0.00 89
    2022-01-01 $182,950 (-3.2%) $212,545 (-15.6%) 0.00 90
    2022-02-01 $191,700 (11.1%) $214,981 (-9.8%) 0.00 71
    2022-03-01 $188,450 (-5.8%) $209,525 (-20.5%) 0.00 67
    2022-04-01 $178,000 (-21.2%) $209,370 (-26.6%) 0.00 65
    2022-05-01 $202,100 (-15.4%) $247,623 (-15.4%) 0.00 82
    2022-06-01 $220,181 (-11.9%) $261,844 (-10.5%) 0.00 114
    2022-07-01 $223,725 (-2.7%) $266,831 (-3.7%) 0.00 128
    2022-08-01 $223,313 (-3.9%) $276,650 (5.2%) 0.00 121
    2022-09-01 $201,200 (-9.7%) $273,948 (11.9%) 0.00 111
    2022-10-01 $204,500 (-0.2%) $264,184 (1.5%) 0.00 111
    2022-11-01 $184,950 (-2.6%) $245,538 (4.5%) 0.00 101
    2022-12-01 $174,900 (-7.9%) $222,916 (-0.9%) 0.00 90
    2023-01-01 $182,498 (-0.3%) $225,298 (6.0%) 0.00 89
    2023-02-01 $182,425 (-4.8%) $230,622 (7.3%) 0.00 89
    2023-03-01 $219,306 (16.4%) $255,944 (22.2%) 0.00 83
    2023-04-01 $237,500 (33.4%) $271,604 (29.7%) 0.00 78
    2023-05-01 $238,900 (18.2%) $297,915 (20.3%) 0.00 91
    2023-06-01 $249,000 (13.1%) $299,077 (14.2%) 0.00 101
    2023-07-01 $235,000 (5.0%) $289,170 (8.4%) 0.00 120
    2023-08-01 $226,900 (1.6%) $289,084 (4.5%) 0.00 125
    2023-09-01 $225,000 (11.8%) $276,695 (1.0%) 0.00 120
    2023-10-01 $238,675 (16.7%) $284,636 (7.7%) 0.00 132
    2023-11-01 $239,925 (29.7%) $286,591 (16.7%) 0.00 116
    2023-12-01 $245,000 (40.1%) $302,758 (35.8%) 0.00 111
    2024-01-01 $239,950 (31.5%) $297,744 (32.2%) 0.00 100
    2024-02-01 $248,950 (36.5%) $302,437 (31.1%) 0.00 95
    2024-03-01 $269,950 (23.1%) $303,079 (18.4%) 0.00 88
    2024-04-01 $261,075 (9.9%) $297,693 (9.6%) 0.00 89
    2024-05-01 $261,000 (9.3%) $299,196 (0.4%) 0.00 94
    2024-06-01 $249,900 (0.4%) $314,251 (5.1%) 0.00 113
    2024-07-01 $247,450 (5.3%) $313,084 (8.3%) 0.00 129
    2024-08-01 $239,000 (5.3%) $297,958 (3.1%) 0.00 148
    2024-09-01 $231,875 (3.1%) $307,411 (11.1%) 0.00 149
    2024-10-01 $229,250 (-4.0%) $311,725 (9.5%) 0.00 149
    2024-11-01 $225,000 (-6.2%) $284,883 (-0.6%) 0.00 149
    2024-12-01 $220,500 (-10.0%) $283,695 (-6.3%) 0.00 138
    2025-01-01 $211,225 (-12.0%) $252,366 (-15.2%) 0.00 111
    Plattsburgh's median listing price for 2025-01-01 was $211,225, a difference of $-28,725 (-12.0%) versus the prior year and $-9,275 versus the prior month.

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

    Plattsburgh's average listing price for 2025-01-01 was $252,366, a difference of $-45,378 (-15.2%) versus the prior year and $-31,329 versus the prior month.

    For the 2025-01-01 period, Plattsburgh had 111 MLS listings, a difference of -27 listings (-20%) versus the prior month and 11 listings (11%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Plattsburgh (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,620 sqft
    2018-02-01 0 days 1,625 sqft
    2018-03-01 0 days 1,639 sqft
    2018-04-01 0 days 1,690 sqft
    2018-05-01 0 days 1,704 sqft
    2018-06-01 0 days 1,732 sqft
    2018-07-01 0 days 1,755 sqft
    2018-08-01 0 days 1,747 sqft
    2018-09-01 0 days 1,745 sqft
    2018-10-01 0 days 1,742 sqft
    2018-11-01 0 days 1,780 sqft
    2018-12-01 0 days 1,744 sqft
    2019-01-01 0 days 1,743 sqft
    2019-02-01 0 days 1,714 sqft
    2019-03-01 0 days 1,725 sqft
    2019-04-01 0 days 1,725 sqft
    2019-05-01 0 days 1,713 sqft
    2019-06-01 0 days 1,658 sqft
    2019-07-01 0 days 1,708 sqft
    2019-08-01 0 days 1,712 sqft
    2019-09-01 0 days 1,708 sqft
    2019-10-01 0 days 1,705 sqft
    2019-11-01 0 days 1,700 sqft
    2019-12-01 0 days 1,701 sqft
    2020-01-01 0 days 1,644 sqft
    2020-02-01 0 days 1,652 sqft
    2020-03-01 0 days 1,800 sqft
    2020-04-01 0 days 1,821 sqft
    2020-05-01 0 days 1,782 sqft
    2020-06-01 0 days 1,736 sqft
    2020-07-01 0 days 1,740 sqft
    2020-08-01 0 days 1,773 sqft
    2020-09-01 0 days 1,747 sqft
    2020-10-01 0 days 1,712 sqft
    2020-11-01 0 days 1,749 sqft
    2020-12-01 0 days 1,742 sqft
    2021-01-01 0 days 1,669 sqft
    2021-02-01 0 days 1,683 sqft
    2021-03-01 0 days 1,726 sqft
    2021-04-01 0 days 1,818 sqft
    2021-05-01 0 days 1,887 sqft
    2021-06-01 0 days 1,801 sqft
    2021-07-01 0 days 1,815 sqft
    2021-08-01 0 days 1,779 sqft
    2021-09-01 0 days 1,798 sqft
    2021-10-01 0 days 1,728 sqft
    2021-11-01 0 days 1,670 sqft
    2021-12-01 0 days 1,670 sqft
    2022-01-01 0 days 1,666 sqft
    2022-02-01 0 days 1,672 sqft
    2022-03-01 0 days 1,615 sqft
    2022-04-01 0 days 1,536 sqft
    2022-05-01 0 days 1,558 sqft
    2022-06-01 0 days 1,634 sqft
    2022-07-01 0 days 1,699 sqft
    2022-08-01 0 days 1,715 sqft
    2022-09-01 0 days 1,659 sqft
    2022-10-01 0 days 1,614 sqft
    2022-11-01 0 days 1,633 sqft
    2022-12-01 0 days 1,554 sqft
    2023-01-01 0 days 1,563 sqft
    2023-02-01 0 days 1,577 sqft
    2023-03-01 0 days 1,713 sqft
    2023-04-01 0 days 1,708 sqft
    2023-05-01 0 days 1,780 sqft
    2023-06-01 0 days 1,835 sqft
    2023-07-01 0 days 1,835 sqft
    2023-08-01 0 days 1,676 sqft
    2023-09-01 0 days 1,609 sqft
    2023-10-01 0 days 1,715 sqft
    2023-11-01 0 days 1,748 sqft
    2023-12-01 0 days 1,800 sqft
    2024-01-01 0 days 1,790 sqft
    2024-02-01 0 days 1,637 sqft
    2024-03-01 0 days 1,684 sqft
    2024-04-01 0 days 1,730 sqft
    2024-05-01 0 days 1,772 sqft
    2024-06-01 0 days 1,647 sqft
    2024-07-01 0 days 1,651 sqft
    2024-08-01 0 days 1,648 sqft
    2024-09-01 0 days 1,702 sqft
    2024-10-01 0 days 1,684 sqft
    2024-11-01 0 days 1,576 sqft
    2024-12-01 0 days 1,582 sqft
    2025-01-01 0 days 1,595 sqft
    Plattsburgh's median listing age (time on market) for 2025-01-01 was 0 days.

    Plattsburgh's median square footage for active listings during the 2025-01-01 period was 1,595 sqft. One year prior, the average listing was 1,790 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.