Prineville VA Loan Rates, Closing Costs & Stats
Prineville, OR
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.
Prineville's 36 lenders originated 80 VA loans during 2022. The total origination value was $32,200,000, with an average VA loan value of $402,500.
Prineville VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Prineville
averaged
-0.27%
for the week of 2023-11-24, compared to the national average (all VA variants) of
0% for the same period.
Prineville's average VA mortgage closing costs are $6,815.
The average rate for the prior week (2023-11-17) was
6.87% and
one month ago for the week of 2023-10-20, the
average rate was 6.8%.
The average rate one year ago was 6.22%.
For refis of the same type during the week of 2023-11-24, the average rate
was 0%.
Prineville 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 Prineville level.
The top Prineville VA lender as defined by loan originations is Mortgage Research Center, LLC, with
8 VA loans originated. Their average total fees are
$6,693, which is $12,232
lower than the next largest lender,
LOANDEPOT.COM, LLC.
The lowest fee Prineville VA lenders (with over 10 loans originated) are
.
The lowest rate Prineville VA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Prineville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $357,500 (-3.1%) | $594,156 (1.4%) | 0.00 | 109 |
2018-02-01 | $359,175 (-0.7%) | $562,357 (4.9%) | 0.00 | 114 |
2018-03-01 | $339,900 (-1.8%) | $533,954 (7.3%) | 0.00 | 122 |
2018-04-01 | $332,925 (-4.9%) | $536,982 (15.6%) | 0.00 | 131 |
2018-05-01 | $368,650 (-2.9%) | $563,869 (14.6%) | 0.00 | 133 |
2018-06-01 | $375,000 (-6.0%) | $570,805 (13.5%) | 0.00 | 136 |
2018-07-01 | $364,950 (-6.4%) | $547,945 (6.4%) | 0.00 | 154 |
2018-08-01 | $351,975 (-7.0%) | $512,721 (2.5%) | 0.00 | 174 |
2018-09-01 | $359,900 (-2.3%) | $509,699 (-4.4%) | 0.00 | 183 |
2018-10-01 | $364,925 (-2.3%) | $516,596 (-6.0%) | 0.00 | 181 |
2018-11-01 | $393,000 (3.1%) | $533,894 (-9.3%) | 0.00 | 170 |
2018-12-01 | $390,000 (13.2%) | $532,078 (-7.9%) | 0.00 | 167 |
2019-01-01 | $373,750 (4.6%) | $532,702 (-10.3%) | 0.00 | 142 |
2019-02-01 | $382,000 (6.4%) | $570,588 (1.5%) | 0.00 | 143 |
2019-03-01 | $399,357 (17.5%) | $594,438 (11.3%) | 0.00 | 139 |
2019-04-01 | $421,200 (26.5%) | $605,161 (12.7%) | 0.00 | 136 |
2019-05-01 | $422,450 (14.6%) | $603,744 (7.1%) | 0.00 | 147 |
2019-06-01 | $407,250 (8.6%) | $560,317 (-1.8%) | 0.00 | 183 |
2019-07-01 | $404,925 (11.0%) | $560,940 (2.4%) | 0.00 | 192 |
2019-08-01 | $409,936 (16.5%) | $745,551 (45.4%) | 0.00 | 190 |
2019-09-01 | $409,916 (13.9%) | $750,987 (47.3%) | 0.00 | 194 |
2019-10-01 | $404,850 (10.9%) | $741,436 (43.5%) | 0.00 | 190 |
2019-11-01 | $399,900 (1.8%) | $747,937 (40.1%) | 0.00 | 166 |
2019-12-01 | $387,475 (-0.7%) | $792,986 (49.0%) | 0.00 | 143 |
2020-01-01 | $387,000 (3.6%) | $813,298 (52.7%) | 0.00 | 130 |
2020-02-01 | $382,000 (0.0%) | $824,112 (44.4%) | 0.00 | 122 |
2020-03-01 | $402,475 (0.8%) | $813,228 (36.8%) | 0.00 | 137 |
2020-04-01 | $392,175 (-6.9%) | $773,852 (27.9%) | 0.00 | 156 |
2020-05-01 | $405,950 (-3.9%) | $789,001 (30.7%) | 0.00 | 143 |
2020-06-01 | $439,000 (7.8%) | $864,508 (54.3%) | 0.00 | 117 |
2020-07-01 | $480,500 (18.7%) | $906,224 (61.6%) | 0.00 | 98 |
2020-08-01 | $429,950 (4.9%) | $921,252 (23.6%) | 0.00 | 81 |
2020-09-01 | $422,000 (3.0%) | $880,089 (17.2%) | 0.00 | 80 |
2020-10-01 | $429,950 (6.2%) | $926,983 (25.0%) | 0.00 | 65 |
2020-11-01 | $444,500 (11.2%) | $1,016,529 (35.9%) | 0.00 | 60 |
2020-12-01 | $415,100 (7.1%) | $1,035,234 (30.6%) | 0.00 | 52 |
2021-01-01 | $428,500 (10.7%) | $1,200,686 (47.6%) | 0.00 | 44 |
2021-02-01 | $470,725 (23.2%) | $1,360,083 (65.0%) | 0.00 | 36 |
2021-03-01 | $453,250 (12.6%) | $1,357,909 (67.0%) | 0.00 | 38 |
2021-04-01 | $522,225 (33.2%) | $1,435,406 (85.5%) | 0.00 | 38 |
2021-05-01 | $675,000 (66.3%) | $1,503,619 (90.6%) | 0.00 | 36 |
2021-06-01 | $533,723 (21.6%) | $1,336,266 (54.6%) | 0.00 | 47 |
2021-07-01 | $512,498 (6.7%) | $1,230,892 (35.8%) | 0.00 | 58 |
2021-08-01 | $494,250 (15.0%) | $1,055,492 (14.6%) | 0.00 | 71 |
2021-09-01 | $557,975 (32.2%) | $1,077,668 (22.5%) | 0.00 | 80 |
2021-10-01 | $574,000 (33.5%) | $998,302 (7.7%) | 0.00 | 109 |
2021-11-01 | $535,500 (20.5%) | $1,025,795 (0.9%) | 0.00 | 98 |
2021-12-01 | $544,225 (31.1%) | $1,067,374 (3.1%) | 0.00 | 78 |
2022-01-01 | $647,500 (51.1%) | $1,251,550 (4.2%) | 0.00 | 63 |
2022-02-01 | $596,200 (26.7%) | $1,268,580 (-6.7%) | 0.00 | 63 |
2022-03-01 | $584,950 (29.1%) | $1,198,693 (-11.7%) | 0.00 | 71 |
2022-04-01 | $577,450 (10.6%) | $1,050,422 (-26.8%) | 0.00 | 80 |
2022-05-01 | $591,175 (-12.4%) | $1,057,849 (-29.7%) | 0.00 | 87 |
2022-06-01 | $569,975 (6.8%) | $1,002,047 (-25.0%) | 0.00 | 117 |
2022-07-01 | $554,000 (8.1%) | $935,845 (-24.0%) | 0.00 | 138 |
2022-08-01 | $559,975 (13.3%) | $953,803 (-9.6%) | 0.00 | 147 |
2022-09-01 | $548,975 (-1.6%) | $911,197 (-15.5%) | 0.00 | 162 |
2022-10-01 | $549,450 (-4.3%) | $890,152 (-10.8%) | 0.00 | 153 |
2022-11-01 | $519,449 (-3.0%) | $874,067 (-14.8%) | 0.00 | 151 |
2022-12-01 | $499,900 (-8.1%) | $904,258 (-15.3%) | 0.00 | 137 |
2023-01-01 | $527,224 (-18.6%) | $925,360 (-26.1%) | 0.00 | 137 |
2023-02-01 | $525,000 (-11.9%) | $923,002 (-27.2%) | 0.00 | 140 |
2023-03-01 | $495,950 (-15.2%) | $938,075 (-21.7%) | 0.00 | 129 |
2023-04-01 | $499,900 (-13.4%) | $964,200 (-8.2%) | 0.00 | 127 |
2023-05-01 | $497,175 (-15.9%) | $987,044 (-6.7%) | 0.00 | 125 |
2023-06-01 | $542,000 (-4.9%) | $1,016,673 (1.5%) | 0.00 | 136 |
2023-07-01 | $577,000 (4.2%) | $1,047,834 (12.0%) | 0.00 | 158 |
2023-08-01 | $576,500 (3.0%) | $1,013,545 (6.3%) | 0.00 | 163 |
2023-09-01 | $599,900 (9.3%) | $1,045,712 (14.8%) | 0.00 | 155 |
2023-10-01 | $606,250 (10.3%) | $1,039,271 (16.8%) | 0.00 | 150 |
Prineville's median listing price comes in at 0% of the national average.
Prineville's average listing price for 2023-10-01 was $1,039,271, a difference of $149,119 (16.8%) versus the prior year and $-6,441 versus the prior month.
For the 2023-10-01 period, Prineville had 150 MLS listings, a difference of -5 listings (-3%) versus the prior month and -3 listings (-2%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Prineville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,903 sqft |
2018-02-01 | 0 days | 1,894 sqft |
2018-03-01 | 0 days | 1,845 sqft |
2018-04-01 | 0 days | 1,884 sqft |
2018-05-01 | 0 days | 1,909 sqft |
2018-06-01 | 0 days | 1,932 sqft |
2018-07-01 | 0 days | 1,916 sqft |
2018-08-01 | 0 days | 1,859 sqft |
2018-09-01 | 0 days | 1,900 sqft |
2018-10-01 | 0 days | 1,870 sqft |
2018-11-01 | 0 days | 1,913 sqft |
2018-12-01 | 0 days | 1,910 sqft |
2019-01-01 | 0 days | 1,879 sqft |
2019-02-01 | 0 days | 1,903 sqft |
2019-03-01 | 0 days | 1,915 sqft |
2019-04-01 | 0 days | 1,921 sqft |
2019-05-01 | 0 days | 1,947 sqft |
2019-06-01 | 0 days | 1,950 sqft |
2019-07-01 | 0 days | 1,989 sqft |
2019-08-01 | 0 days | 2,049 sqft |
2019-09-01 | 0 days | 2,049 sqft |
2019-10-01 | 0 days | 2,045 sqft |
2019-11-01 | 0 days | 2,042 sqft |
2019-12-01 | 0 days | 1,942 sqft |
2020-01-01 | 0 days | 2,001 sqft |
2020-02-01 | 0 days | 1,940 sqft |
2020-03-01 | 0 days | 1,940 sqft |
2020-04-01 | 0 days | 1,931 sqft |
2020-05-01 | 0 days | 1,942 sqft |
2020-06-01 | 0 days | 1,953 sqft |
2020-07-01 | 0 days | 2,005 sqft |
2020-08-01 | 0 days | 1,943 sqft |
2020-09-01 | 0 days | 1,903 sqft |
2020-10-01 | 0 days | 1,917 sqft |
2020-11-01 | 0 days | 1,858 sqft |
2020-12-01 | 0 days | 1,773 sqft |
2021-01-01 | 0 days | 1,813 sqft |
2021-02-01 | 0 days | 1,944 sqft |
2021-03-01 | 0 days | 1,867 sqft |
2021-04-01 | 0 days | 2,029 sqft |
2021-05-01 | 0 days | 2,276 sqft |
2021-06-01 | 0 days | 1,821 sqft |
2021-07-01 | 0 days | 1,740 sqft |
2021-08-01 | 0 days | 1,905 sqft |
2021-09-01 | 0 days | 1,918 sqft |
2021-10-01 | 0 days | 1,880 sqft |
2021-11-01 | 0 days | 1,852 sqft |
2021-12-01 | 0 days | 1,828 sqft |
2022-01-01 | 0 days | 1,824 sqft |
2022-02-01 | 0 days | 1,711 sqft |
2022-03-01 | 0 days | 1,850 sqft |
2022-04-01 | 0 days | 1,800 sqft |
2022-05-01 | 0 days | 1,879 sqft |
2022-06-01 | 0 days | 1,896 sqft |
2022-07-01 | 0 days | 1,836 sqft |
2022-08-01 | 0 days | 1,888 sqft |
2022-09-01 | 0 days | 1,863 sqft |
2022-10-01 | 0 days | 1,874 sqft |
2022-11-01 | 0 days | 1,853 sqft |
2022-12-01 | 0 days | 1,883 sqft |
2023-01-01 | 0 days | 2,018 sqft |
2023-02-01 | 0 days | 1,988 sqft |
2023-03-01 | 0 days | 1,928 sqft |
2023-04-01 | 0 days | 1,927 sqft |
2023-05-01 | 0 days | 1,871 sqft |
2023-06-01 | 0 days | 1,873 sqft |
2023-07-01 | 0 days | 1,933 sqft |
2023-08-01 | 0 days | 1,889 sqft |
2023-09-01 | 0 days | 1,927 sqft |
2023-10-01 | 0 days | 1,950 sqft |
Prineville's median square footage for active listings during the 2023-10-01 period was 1,950 sqft. One year prior, the average listing was 1,874 sqft.