Raleigh VA Loan Rates, Closing Costs & Stats

RALEIGH-CARY, NC

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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.

    Raleigh's 163 lenders originated 1,968 VA loans during 2023. The total origination value was $791,150,000, with an average VA loan value of $402,007.

    Raleigh VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Raleigh averaged 5.88% for the week of 2024-12-13, compared to the national average (all VA variants) of 6.077% for the same period.

    Raleigh's average VA mortgage closing costs are $6,363.

    The average rate for the prior week (2024-12-06) was 5.82% and one month ago for the week of 2024-11-08, the average rate was 6.41%.

    The average rate one year ago was 6.56%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.01%.

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

    Raleigh 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 Raleigh level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 216 6.62% $8,198
    NAVY FEDERAL CREDIT UNION 136 5.74% $5,892
    QUICKEN LOANS, LLC 113 6.07% $13,835
    UNITED WHOLESALE MORTGAGE, LLC 107 6.13% $11,048
    MOVEMENT MORTGAGE, LLC 82 6.34% $8,751
    LOANDEPOT.COM, LLC 60 5.62% $13,951
    FREEDOM MORTGAGE CORPORATION 51 6.47% $20,061
    USAA Federal Savings Bank 49 6.06% $10,758
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 45 6.47% $8,528
    PENNYMAC LOAN SERVICES, LLC 37 5.81% $11,735
    DHI MORTGAGE COMPANY, LTD. 34 5.17% $8,171
    The Federal Savings Bank 29 6.39% $18,289
    EAGLE HOME MORTGAGE, LLC 29 5.97% $4,862
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 29 6.26% $9,892
    American Security Mortgage Corp. 27 6.37% $10,478
    NVR Mortgage Finance, Inc. 26 5.55% $5,774
    GUARANTEED RATE, INC. 25 6.04% $7,065
    MORTGAGE SOLUTIONS OF COLORADO, LLC 25 7.03% $8,658
    Truist 24 5.66% $8,456
    CROSSCOUNTRY MORTGAGE, LLC 22 6.58% $12,125
    Prosperity Home Mortgage, LLC 22 6.15% $10,209
    Towne Bank 21 5.86% $12,730
    PULTE MORTGAGE LLC 21 5.43% $4,562
    Mr. Cooper ( Nationstar Mortgage ) 19 5.90% $17,984
    Wells Fargo Bank 19 5.72% $8,765
    NEW DAY FINANCIAL, LLC 17 7.44% $16,251
    First Heritage Mortgage, LLC 16 6.09% $11,942
    GoPrime Mortgage, Inc. 16 6.14% $10,355
    PENTAGON FEDERAL CREDIT UNION 16 5.70% $7,594
    NFM, INC. 16 6.41% $12,538
    VILLAGE CAPITAL MORTGAGE 16 6.00% $14,146
    MATTAMY HOME FUNDING, LLC 16 5.95% $8,831
    North State Bank 15 5.93% $7,674
    NEWREZ LLC 14 6.16% $8,924
    PRIMELENDING, A PLAINSCAPITAL COMPANY 13 6.44% $8,286
    Plains Commerce Bank 12 6.01% $10,563
    CORNERSTONE HOME LENDING, INC. 12 5.78% $9,777
    Towne Mortgage of the Carolinas, LLC 12 6.31% $10,484
    VANDERBILT MORTGAGE AND FINANCE, INC. 12 5.70% $3,659
    ZILLOW HOME LOANS, LLC 11 6.22% $10,444
    KBHS HOME LOANS, LLC 10 5.88% $10,808
    CMG MORTGAGE, INC. 10 6.29% $10,466
    RELIANCE FIRST CAPITAL, LLC 10 6.38% $15,039
    United Community Bank 9 6.24% $10,935
    FIRST EQUITY MORTGAGE INCORPORATED 9 5.75% $10,963
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 9 6.53% $6,760
    AMERISAVE MORTGAGE CORPORATION 8 5.70% $23,524
    EQUITY RESOURCES, INC. 8 6.08% $7,535
    Integrity Home Mortgage Corp 8 6.14% $7,693
    HOMESPIRE MORTGAGE CORPORATION 8 6.69% $3,700
    FIRST HOME MORTGAGE CORPORATION 8 6.72% $7,368
    ACADEMY MORTGAGE CORPORATION 8 6.17% $7,538
    MUTUAL OF OMAHA MORTGAGE, INC. 8 6.45% $10,187
    Flagstar Bank, FSB 7 6.00% $9,429
    VERITAS FUNDING, LLC 7 6.30% $19,036
    Mid-Continent Funding, Inc. 7 6.52% $12,204
    The Central Trust Bank 7 6.18% $12,132
    BROKER SOLUTIONS, INC. 7 6.50% $10,529
    BNC National Bank 7 5.34% $14,125
    LAKEVIEW LOAN SERVICING, LLC 6 5.69% $17,787
    Alcova Mortgage LLC 6 6.54% $9,155
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 6 6.67% $11,580
    Equity Prime Mortgage LLC 6 6.88% $6,980
    FBC MORTGAGE, LLC 6 5.54% $5,222
    JET HOMELOANS, LLC 6 6.08% $8,992
    PLANET HOME LENDING, LLC 6 6.06% $9,842
    SOUTHERN TRUST MORTGAGE, LLC 6 6.38% $15,512
    VELOCIO MORTGAGE L.L.C. 6 6.21% $13,786
    Barrington Bank & Trust Company, N.A. 5 6.55% $10,965
    Magnolia Bank 5 6.32% $19,680
    HOWARD HANNA FINANCIAL SERVICES, INC. 5 6.78% $6,847
    HOMEBRIDGE FINANCIAL SERVICES, INC. 5 6.50% $11,389
    UNION HOME MORTGAGE CORP. 5 6.25% $12,216
    GUILD MORTGAGE COMPANY 5 6.45% $12,271
    INTERCOASTAL MORTGAGE COMPANY 5 6.98% $9,078
    TIDEWATER MORTGAGE SERVICES, INC. 4 6.31% $19,970
    CONTOUR MORTGAGE CORPORATION 4 6.03% $11,853
    T2 FINANCIAL LLC 4 6.63% $7,706
    CAPITAL CENTER, L.L.C. 4 6.53% $4,806
    Citizens Bank 4 5.91% $9,705
    NBKC BANK 4 5.84% $11,550
    Paramount Residential Mortgage Group, Inc. 4 6.31% $4,508
    PLAZA HOME MORTGAGE, INC. 4 6.09% $6,939
    Ameris Bank 3 6.54% $6,258
    Armed Forces Bank 3 5.71% $11,792
    NTFN, INC. 3 5.75% $4,831
    Northpointe Bank 3 6.58% $11,566
    CITY FIRST MORTGAGE SERVICES, L.L.C. 3 6.71% $11,974
    LADERA LENDING, INC. 3 6.63% $9,847
    Bank of England 3 6.33% $11,814
    First National Bank of Pennsylvania 3 6.46% $5,486
    South Pacific Financial Corporation 3 5.63% $3,406
    PRIMARY RESIDENTIAL MORTGAGE, INC. 3 6.96% $15,703
    First-Citizens Bank & Trust Company 3 6.00% $7,568
    U.S. Bank 3 6.13% $10,156
    CARDINAL FINANCIAL 3 5.75% $18,596
    Century Mortgage Company DBA Century Lending Company 3 5.54% $23,508
    SUN WEST MORTGAGE COMPANY, INC. 2 5.69% $7,803
    JPMorgan Chase Bank 2 5.31% $8,545
    FIRST SAVINGS MORTGAGE CORPORATION 2 6.06% $6,635
    MILEND, INC. 2 7.00% $12,664
    MORTGAGEONE, INC. 2 7.50% $1,697
    EMM LOANS LLC 2 5.44% $35,830
    Corporate Investors Mortgage Group, Inc. 2 6.44% $9,338
    Nations Lending Corporation 2 6.38% $7,753
    CHURCHILL MORTGAGE CORPORATION 2 6.00% $15,475
    CALIBER HOME LOANS, INC. 2 5.75% $14,972
    Regions Bank 2 7.19% $3,978
    RESIDENTIAL HOME FUNDING CORP. 2 5.38% $2,674
    RESOURCE FINANCIAL SERVICES, INC. 2 6.00% $16,448
    SECURITYNATIONAL MORTGAGE COMPANY 2 6.25% $9,348
    SFMC, LP 2 7.24% $17,368
    AMERICAN FINANCIAL RESOURCES, INC. 2 7.25% $8,843
    Strong Home Mortgage, LLC 2 6.00% $4,656
    TBI MORTGAGE COMPANY 2 5.63% $14,355
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.63% $21,926
    HOMESIDE FINANCIAL, LLC 2 7.25% $18,143
    PNC Bank 1 6.75% $2,733
    PREMIA MORTGAGE, LLC 1 5.13% $2,445
    MID AMERICA MORTGAGE, INC. 1 7.13% $38,084
    Capital Bank 1 5.99% $4,275
    KELLER MORTGAGE, LLC 1 5.75% $13,464
    Blue Ridge Bank 1 6.38% $5,510
    BAYSHORE MORTGAGE FUNDING, LLC 1 6.88% $13,967
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.63% $16,499
    BAY EQUITY LLC 1 5.75% $12,676
    HUNT MORTGAGE CORPORATION 1 5.75% $2,993
    Ixonia Bank 1 6.50% $3,802
    ROYAL UNITED MORTGAGE LLC 1 5.63% $24,073
    SeaTrust Mortgage Company 1 6.25% $2,126
    INTERCAP LENDING INC. 1 6.38% $15,111
    AmeriHome Mortgage Company, LLC 1 6.63% $11,994
    Shamrock Home Loans, Inc. 1 6.50% $2,547
    ACOPIA, LLC 1 6.12% $10,661
    First Horizon Bank 1 6.00% $3,596
    SOVEREIGN LENDING GROUP INCORPORATED 1 5.38% $19,398
    STOCKTON MORTGAGE CORPORATION 1 7.75% $9,112
    First Western Trust Bank 1 5.88% $5,508
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.88% $24,754
    Sunflower Bank 1 6.13% $13,584
    GUARANTEED RATE AFFINITY, LLC 1 6.75% $895
    SWBC MORTGAGE CORPORATION 1 5.75% $21,538
    LOANPAL, LLC 1 7.00% $19,830
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 5.49% $5,417
    BAY CAPITAL MORTGAGE CORPORATION 1 5.63% $12,821
    Leader Bank 1 7.25% $11,793
    The Loan Store, Inc. 1 6.25% $7,170
    First Reliance Bank 1 6.50% $19,715
    Lakeview Community Capital, LLC 1 5.50% $15,159
    TOWNE MORTGAGE COMPANY 1 6.63% $8,067
    Bank Five Nine 1 6.38% $15,324
    North American Savings Bank, F.S.B. 1 5.75% $2,481
    CityWorth Mortgage LLC 1 5.75% $8,970
    Atlantic Coast Mortgage, LLC 1 5.63% $21,529
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.75% $15,842
    NATIONS DIRECT MORTGAGE, LLC 1 6.75% $6,037
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 6.25% $4,264
    CBM Mortgage, Inc. 1 7.00% $2,660
    DELMAR FINANCIAL COMPANY 1 6.50% $1,595
    Pinnacle Bank 1 5.63% $15,376
    Encompass Lending Group, LP 1 5.75% $7,002
    AMERICAN FINANCING CORPORATION 1 5.88% $8,237
    M/I FINANCIAL, LLC 1 6.38% $11,578

    The top Raleigh VA lender as defined by loan originations is Mortgage Research Center, LLC, with 216 VA loans originated. Their average total fees are $8,198, which is $2,306 higher than the next largest lender, NAVY FEDERAL CREDIT UNION.

    The lowest fee Raleigh VA lenders (with over 10 loans originated) are VANDERBILT MORTGAGE AND FINANCE, INC. ($3,659), PULTE MORTGAGE LLC ($4,562), EAGLE HOME MORTGAGE, LLC ($4,862), NVR Mortgage Finance, Inc. ($5,774) and NAVY FEDERAL CREDIT UNION ($5,892).

    The lowest rate Raleigh VA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.17%), PULTE MORTGAGE LLC (5.43%), NVR Mortgage Finance, Inc. (5.55%), LOANDEPOT.COM, LLC (5.62%) and Truist (5.66%).

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Raleigh (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 $350,080 (2.5%) $423,693 (3.1%) 1.30 3,973
    2018-02-01 $358,693 (3.2%) $427,864 (3.1%) 1.30 4,010
    2018-03-01 $368,837 (2.5%) $439,760 (2.6%) 1.29 4,228
    2018-04-01 $369,951 (0.0%) $441,023 (0.0%) 1.25 4,498
    2018-05-01 $369,950 (0.0%) $442,374 (-0.1%) 1.24 4,821
    2018-06-01 $369,700 (1.0%) $445,449 (1.8%) 1.23 4,913
    2018-07-01 $369,450 (0.6%) $448,748 (2.9%) 1.23 4,814
    2018-08-01 $369,664 (1.6%) $447,787 (3.4%) 1.24 4,907
    2018-09-01 $365,900 (0.3%) $442,771 (2.4%) 1.23 5,031
    2018-10-01 $357,985 (-0.6%) $432,120 (0.8%) 1.21 5,275
    2018-11-01 $355,281 (-1.3%) $430,386 (0.7%) 1.20 5,155
    2018-12-01 $353,899 (-0.6%) $426,868 (-0.1%) 1.22 4,904
    2019-01-01 $349,995 (0.0%) $423,873 (0.0%) 1.21 4,626
    2019-02-01 $354,745 (-1.1%) $430,435 (0.6%) 1.20 4,580
    2019-03-01 $363,771 (-1.4%) $439,870 (0.0%) 1.19 4,596
    2019-04-01 $369,500 (-0.1%) $449,308 (1.9%) 1.17 4,723
    2019-05-01 $375,000 (1.4%) $455,927 (3.1%) 1.17 4,830
    2019-06-01 $376,000 (1.7%) $453,492 (1.8%) 1.18 4,931
    2019-07-01 $375,000 (1.5%) $452,187 (0.8%) 1.17 5,004
    2019-08-01 $371,807 (0.6%) $448,155 (0.1%) 1.18 5,084
    2019-09-01 $367,528 (0.4%) $444,569 (0.4%) 1.18 5,147
    2019-10-01 $364,100 (1.7%) $441,993 (2.3%) 1.17 5,188
    2019-11-01 $359,418 (1.2%) $440,540 (2.4%) 1.18 4,990
    2019-12-01 $359,950 (1.7%) $442,899 (3.8%) 1.20 4,532
    2020-01-01 $358,714 (2.5%) $442,855 (4.5%) 1.20 4,218
    2020-02-01 $364,645 (2.8%) $450,735 (4.7%) 1.19 4,108
    2020-03-01 $372,685 (2.5%) $461,154 (4.8%) 1.17 4,030
    2020-04-01 $363,849 (-1.5%) $451,689 (0.5%) 1.14 4,289
    2020-05-01 $369,990 (-1.3%) $465,377 (2.1%) 1.12 4,192
    2020-06-01 $381,450 (1.5%) $486,068 (7.2%) 1.12 3,573
    2020-07-01 $381,439 (1.7%) $487,119 (7.7%) 1.11 3,317
    2020-08-01 $385,000 (3.6%) $487,345 (8.7%) 1.10 3,201
    2020-09-01 $390,708 (6.3%) $495,072 (11.4%) 1.12 2,895
    2020-10-01 $389,900 (7.1%) $496,028 (12.2%) 1.12 2,854
    2020-11-01 $385,000 (7.1%) $492,706 (11.8%) 1.13 2,568
    2020-12-01 $387,376 (7.6%) $497,675 (12.4%) 1.15 2,199
    2021-01-01 $389,900 (8.7%) $508,063 (14.7%) 1.16 1,853
    2021-02-01 $395,775 (8.5%) $525,866 (16.7%) 1.15 1,478
    2021-03-01 $397,450 (6.7%) $528,581 (14.6%) 1.13 1,281
    2021-04-01 $399,510 (9.8%) $541,473 (19.9%) 1.08 1,203
    2021-05-01 $403,297 (9.0%) $550,589 (18.3%) 1.07 1,030
    2021-06-01 $408,898 (7.2%) $559,651 (15.1%) 1.08 1,046
    2021-07-01 $409,900 (7.5%) $545,206 (11.9%) 1.08 1,207
    2021-08-01 $424,630 (10.3%) $563,887 (15.7%) 1.13 1,249
    2021-09-01 $425,000 (8.8%) $554,489 (12.0%) 1.13 1,408
    2021-10-01 $425,000 (9.0%) $551,039 (11.1%) 1.13 1,461
    2021-11-01 $426,870 (10.9%) $553,907 (12.4%) 1.14 1,340
    2021-12-01 $423,320 (9.3%) $551,595 (10.8%) 1.15 1,097
    2022-01-01 $426,000 (9.3%) $567,969 (11.8%) 1.15 900
    2022-02-01 $433,862 (9.6%) $589,111 (12.0%) 1.13 660
    2022-03-01 $450,725 (13.4%) $619,727 (17.2%) 1.13 694
    2022-04-01 $476,565 (19.3%) $620,214 (14.5%) 1.14 850
    2022-05-01 $494,500 (22.6%) $608,331 (10.5%) 1.13 1,437
    2022-06-01 $499,950 (22.3%) $626,853 (12.0%) 1.11 2,103
    2022-07-01 $495,000 (20.8%) $614,383 (12.7%) 1.12 2,767
    2022-08-01 $486,247 (14.5%) $605,260 (7.3%) 1.12 3,187
    2022-09-01 $464,000 (9.2%) $580,273 (4.7%) 1.08 3,765
    2022-10-01 $455,000 (7.1%) $576,049 (4.5%) 1.07 3,935
    2022-11-01 $449,725 (5.4%) $570,347 (3.0%) 1.08 3,886
    2022-12-01 $448,900 (6.0%) $569,095 (3.2%) 1.11 3,595
    2023-01-01 $445,950 (4.7%) $573,153 (0.9%) 1.10 3,200
    2023-02-01 $449,787 (3.7%) $583,580 (-0.9%) 1.09 2,831
    2023-03-01 $450,000 (-0.2%) $597,307 (-3.6%) 1.06 2,598
    2023-04-01 $465,000 (-2.4%) $630,194 (1.6%) 1.08 2,427
    2023-05-01 $474,490 (-4.1%) $640,399 (5.3%) 1.08 2,496
    2023-06-01 $478,886 (-4.2%) $642,353 (2.5%) 1.08 2,526
    2023-07-01 $469,900 (-5.1%) $634,143 (3.2%) 1.07 2,565
    2023-08-01 $464,950 (-4.4%) $628,919 (3.9%) 1.07 2,667
    2023-09-01 $459,750 (-0.9%) $624,453 (7.6%) 1.07 2,842
    2023-10-01 $457,515 (0.6%) $621,273 (7.9%) 1.08 3,107
    2023-11-01 $451,735 (0.5%) $615,991 (8.0%) 1.08 3,202
    2023-12-01 $446,455 (-0.5%) $614,957 (8.1%) 1.09 2,951
    2024-01-01 $439,945 (-1.4%) $622,802 (8.7%) 1.07 2,651
    2024-02-01 $439,998 (-2.2%) $633,754 (8.6%) 1.06 2,648
    2024-03-01 $449,990 (0.0%) $643,395 (7.7%) 1.06 2,756
    2024-04-01 $451,258 (-3.0%) $640,046 (1.6%) 1.05 2,925
    2024-05-01 $462,135 (-2.6%) $651,317 (1.7%) 1.04 3,195
    2024-06-01 $469,900 (-1.9%) $647,456 (0.8%) 1.06 3,546
    2024-07-01 $462,535 (-1.6%) $634,936 (0.1%) 1.06 3,862
    2024-08-01 $454,900 (-2.2%) $624,608 (-0.7%) 1.06 3,967
    2024-09-01 $453,165 (-1.4%) $625,548 (0.2%) 1.07 4,218
    2024-10-01 $450,000 (-1.6%) $622,387 (0.2%) 1.06 4,345
    2024-11-01 $449,900 (-0.4%) $611,242 (-0.8%) 1.08 4,274
    Raleigh's median listing price for 2024-11-01 was $449,900, a difference of $-1,835 (-0.4%) versus the prior year and $-100 versus the prior month.

    Raleigh's median listing price comes in at 108% of the national average.

    Raleigh's average listing price for 2024-11-01 was $611,242, a difference of $-4,749 (-0.8%) versus the prior year and $-11,145 versus the prior month.

    For the 2024-11-01 period, Raleigh had 4,274 MLS listings, a difference of -71 listings (-2%) versus the prior month and 1,072 listings (33%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Raleigh (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 82 days 2,659 sqft
    2018-02-01 69 days 2,652 sqft
    2018-03-01 53 days 2,700 sqft
    2018-04-01 51 days 2,669 sqft
    2018-05-01 50 days 2,676 sqft
    2018-06-01 53 days 2,666 sqft
    2018-07-01 60 days 2,653 sqft
    2018-08-01 62 days 2,655 sqft
    2018-09-01 65 days 2,623 sqft
    2018-10-01 68 days 2,588 sqft
    2018-11-01 71 days 2,578 sqft
    2018-12-01 78 days 2,564 sqft
    2019-01-01 83 days 2,557 sqft
    2019-02-01 74 days 2,561 sqft
    2019-03-01 61 days 2,594 sqft
    2019-04-01 50 days 2,625 sqft
    2019-05-01 50 days 2,651 sqft
    2019-06-01 50 days 2,629 sqft
    2019-07-01 56 days 2,604 sqft
    2019-08-01 57 days 2,578 sqft
    2019-09-01 58 days 2,555 sqft
    2019-10-01 59 days 2,541 sqft
    2019-11-01 61 days 2,500 sqft
    2019-12-01 69 days 2,505 sqft
    2020-01-01 72 days 2,483 sqft
    2020-02-01 59 days 2,519 sqft
    2020-03-01 47 days 2,548 sqft
    2020-04-01 50 days 2,495 sqft
    2020-05-01 58 days 2,508 sqft
    2020-06-01 58 days 2,539 sqft
    2020-07-01 48 days 2,485 sqft
    2020-08-01 40 days 2,464 sqft
    2020-09-01 45 days 2,456 sqft
    2020-10-01 44 days 2,426 sqft
    2020-11-01 44 days 2,386 sqft
    2020-12-01 49 days 2,376 sqft
    2021-01-01 45 days 2,355 sqft
    2021-02-01 33 days 2,309 sqft
    2021-03-01 25 days 2,259 sqft
    2021-04-01 20 days 2,299 sqft
    2021-05-01 17 days 2,275 sqft
    2021-06-01 16 days 2,261 sqft
    2021-07-01 18 days 2,253 sqft
    2021-08-01 20 days 2,256 sqft
    2021-09-01 19 days 2,245 sqft
    2021-10-01 20 days 2,228 sqft
    2021-11-01 22 days 2,219 sqft
    2021-12-01 34 days 2,198 sqft
    2022-01-01 33 days 2,139 sqft
    2022-02-01 16 days 2,146 sqft
    2022-03-01 11 days 2,186 sqft
    2022-04-01 10 days 2,250 sqft
    2022-05-01 12 days 2,319 sqft
    2022-06-01 16 days 2,356 sqft
    2022-07-01 23 days 2,337 sqft
    2022-08-01 30 days 2,334 sqft
    2022-09-01 42 days 2,287 sqft
    2022-10-01 47 days 2,269 sqft
    2022-11-01 56 days 2,267 sqft
    2022-12-01 68 days 2,284 sqft
    2023-01-01 74 days 2,285 sqft
    2023-02-01 66 days 2,288 sqft
    2023-03-01 52 days 2,305 sqft
    2023-04-01 48 days 2,327 sqft
    2023-05-01 43 days 2,337 sqft
    2023-06-01 43 days 2,347 sqft
    2023-07-01 42 days 2,312 sqft
    2023-08-01 40 days 2,299 sqft
    2023-09-01 43 days 2,275 sqft
    2023-10-01 44 days 2,254 sqft
    2023-11-01 49 days 2,231 sqft
    2023-12-01 63 days 2,205 sqft
    2024-01-01 63 days 2,164 sqft
    2024-02-01 44 days 2,171 sqft
    2024-03-01 42 days 2,186 sqft
    2024-04-01 38 days 2,167 sqft
    2024-05-01 32 days 2,175 sqft
    2024-06-01 36 days 2,219 sqft
    2024-07-01 43 days 2,203 sqft
    2024-08-01 47 days 2,170 sqft
    2024-09-01 51 days 2,152 sqft
    2024-10-01 51 days 2,155 sqft
    2024-11-01 57 days 2,124 sqft
    Raleigh's median listing age (time on market) for 2024-11-01 was 57 days. This is 18% longer than the same period one year ago.

    Raleigh's median square footage for active listings during the 2024-11-01 period was 2,124 sqft. One year prior, the average listing was 2,231 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.