Russellville VA Loan Rates, Closing Costs & Stats
Russellville, AR
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.
Russellville's 34 lenders originated 93 VA loans during 2023. The total origination value was $20,455,000, with an average VA loan value of $219,946.
Russellville VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Russellville
averaged
0.33%
for the week of 2024-11-29, compared to the national average (all VA variants) of
0% for the same period.
Russellville's average VA mortgage closing costs are $4,474.
The average rate for the prior week (2024-11-22) was
6.39% and
one month ago for the week of 2024-10-25, the
average rate was 6.29%.
The average rate one year ago was 6.93%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0.1%.
Russellville 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 Russellville level.
The top Russellville VA lender as defined by loan originations is Mortgage Research Center, LLC, with
18 VA loans originated. Their average total fees are
$4,710, which is $1,039
lower than the next largest lender,
Arvest Bank.
The lowest fee Russellville VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($4,710), Arvest Bank ($5,749), .
The lowest rate Russellville VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC (6.66%), Arvest Bank (6.79%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Russellville (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 | $129,900 (3.9%) | $172,403 (6.3%) | 0.00 | 295 |
2018-02-01 | $135,375 (6.3%) | $172,726 (4.0%) | 0.00 | 296 |
2018-03-01 | $142,500 (9.7%) | $180,068 (7.6%) | 0.00 | 307 |
2018-04-01 | $149,475 (15.1%) | $190,498 (14.3%) | 0.00 | 301 |
2018-05-01 | $153,900 (13.0%) | $191,551 (10.3%) | 0.00 | 295 |
2018-06-01 | $154,900 (10.7%) | $192,754 (7.8%) | 0.00 | 322 |
2018-07-01 | $158,613 (13.4%) | $192,209 (8.7%) | 0.00 | 343 |
2018-08-01 | $157,400 (10.5%) | $192,141 (7.3%) | 0.00 | 345 |
2018-09-01 | $154,990 (7.6%) | $192,249 (6.6%) | 0.00 | 337 |
2018-10-01 | $149,950 (2.2%) | $191,123 (5.4%) | 0.00 | 328 |
2018-11-01 | $149,925 (3.5%) | $194,293 (6.6%) | 0.00 | 320 |
2018-12-01 | $150,000 (11.5%) | $191,915 (8.1%) | 0.00 | 312 |
2019-01-01 | $144,450 (11.2%) | $185,349 (7.5%) | 0.00 | 304 |
2019-02-01 | $143,900 (6.3%) | $184,064 (6.6%) | 0.00 | 339 |
2019-03-01 | $145,693 (2.2%) | $185,350 (2.9%) | 0.00 | 360 |
2019-04-01 | $147,668 (-1.2%) | $186,457 (-2.1%) | 0.00 | 348 |
2019-05-01 | $144,950 (-5.8%) | $184,120 (-3.9%) | 0.00 | 327 |
2019-06-01 | $144,900 (-6.5%) | $181,036 (-6.1%) | 0.00 | 323 |
2019-07-01 | $147,700 (-6.9%) | $185,548 (-3.5%) | 0.00 | 318 |
2019-08-01 | $162,245 (3.1%) | $191,520 (-0.3%) | 0.00 | 318 |
2019-09-01 | $165,764 (7.0%) | $195,977 (1.9%) | 0.00 | 305 |
2019-10-01 | $168,109 (12.1%) | $199,819 (4.6%) | 0.00 | 295 |
2019-11-01 | $162,450 (8.4%) | $199,130 (2.5%) | 0.00 | 288 |
2019-12-01 | $164,075 (9.4%) | $203,014 (5.8%) | 0.00 | 282 |
2020-01-01 | $155,375 (7.6%) | $202,033 (9.0%) | 0.00 | 252 |
2020-02-01 | $158,700 (10.3%) | $204,666 (11.2%) | 0.00 | 235 |
2020-03-01 | $174,300 (19.6%) | $211,618 (14.2%) | 0.00 | 248 |
2020-04-01 | $176,425 (19.5%) | $213,512 (14.5%) | 0.00 | 253 |
2020-05-01 | $177,200 (22.3%) | $215,167 (16.9%) | 0.00 | 220 |
2020-06-01 | $174,850 (20.7%) | $214,714 (18.6%) | 0.00 | 207 |
2020-07-01 | $171,200 (15.9%) | $220,355 (18.8%) | 0.00 | 196 |
2020-08-01 | $184,950 (14.0%) | $228,908 (19.5%) | 0.00 | 194 |
2020-09-01 | $187,000 (12.8%) | $235,121 (20.0%) | 0.00 | 163 |
2020-10-01 | $189,900 (13.0%) | $240,015 (20.1%) | 0.00 | 152 |
2020-11-01 | $187,400 (15.4%) | $239,134 (20.1%) | 0.00 | 166 |
2020-12-01 | $189,400 (15.4%) | $238,382 (17.4%) | 0.00 | 153 |
2021-01-01 | $185,000 (19.1%) | $238,484 (18.0%) | 0.00 | 148 |
2021-02-01 | $190,900 (20.3%) | $247,662 (21.0%) | 0.00 | 82 |
2021-03-01 | $196,283 (12.6%) | $265,051 (25.3%) | 0.00 | 111 |
2021-04-01 | $212,750 (20.6%) | $266,405 (24.8%) | 0.00 | 106 |
2021-05-01 | $189,950 (7.2%) | $258,145 (20.0%) | 0.00 | 92 |
2021-06-01 | $195,775 (12.0%) | $271,823 (26.6%) | 0.00 | 95 |
2021-07-01 | $184,900 (8.0%) | $266,556 (21.0%) | 0.00 | 92 |
2021-08-01 | $170,700 (-7.7%) | $247,904 (8.3%) | 0.00 | 102 |
2021-09-01 | $191,169 (2.2%) | $240,388 (2.2%) | 0.00 | 124 |
2021-10-01 | $198,500 (4.5%) | $246,545 (2.7%) | 0.00 | 128 |
2021-11-01 | $220,438 (17.6%) | $257,551 (7.7%) | 0.00 | 113 |
2021-12-01 | $220,000 (16.2%) | $249,705 (4.8%) | 0.00 | 116 |
2022-01-01 | $204,900 (10.8%) | $233,254 (-2.2%) | 0.00 | 123 |
2022-02-01 | $204,825 (7.3%) | $243,090 (-1.9%) | 0.00 | 99 |
2022-03-01 | $197,200 (0.5%) | $251,410 (-5.2%) | 0.00 | 93 |
2022-04-01 | $199,900 (-6.0%) | $265,396 (-0.4%) | 0.00 | 93 |
2022-05-01 | $207,813 (9.4%) | $273,250 (5.9%) | 0.00 | 104 |
2022-06-01 | $219,900 (12.3%) | $293,322 (7.9%) | 0.00 | 121 |
2022-07-01 | $217,900 (17.9%) | $281,599 (5.6%) | 0.00 | 168 |
2022-08-01 | $223,500 (30.9%) | $288,597 (16.4%) | 0.00 | 163 |
2022-09-01 | $220,000 (15.1%) | $275,128 (14.5%) | 0.00 | 170 |
2022-10-01 | $235,000 (18.4%) | $276,836 (12.3%) | 0.00 | 173 |
2022-11-01 | $222,500 (0.9%) | $261,114 (1.4%) | 0.00 | 179 |
2022-12-01 | $215,000 (-2.3%) | $258,294 (3.4%) | 0.00 | 197 |
2023-01-01 | $210,000 (2.5%) | $259,282 (11.2%) | 0.00 | 166 |
2023-02-01 | $212,450 (3.7%) | $267,907 (10.2%) | 0.00 | 144 |
2023-03-01 | $209,950 (6.5%) | $263,147 (4.7%) | 0.00 | 140 |
2023-04-01 | $220,000 (10.1%) | $292,379 (10.2%) | 0.00 | 144 |
2023-05-01 | $229,450 (10.4%) | $305,579 (11.8%) | 0.00 | 144 |
2023-06-01 | $230,500 (4.8%) | $307,747 (4.9%) | 0.00 | 143 |
2023-07-01 | $249,900 (14.7%) | $316,708 (12.5%) | 0.00 | 158 |
2023-08-01 | $244,175 (9.3%) | $323,104 (12.0%) | 0.00 | 169 |
2023-09-01 | $249,900 (13.6%) | $333,444 (21.2%) | 0.00 | 196 |
2023-10-01 | $247,225 (5.2%) | $331,652 (19.8%) | 0.00 | 207 |
2023-11-01 | $249,500 (12.1%) | $331,422 (26.9%) | 0.00 | 198 |
2023-12-01 | $249,900 (16.2%) | $328,336 (27.1%) | 0.00 | 194 |
2024-01-01 | $252,450 (20.2%) | $325,575 (25.6%) | 0.00 | 190 |
2024-02-01 | $251,100 (18.2%) | $326,993 (22.1%) | 0.00 | 191 |
2024-03-01 | $252,250 (20.2%) | $320,159 (21.7%) | 0.00 | 185 |
2024-04-01 | $259,100 (17.8%) | $320,603 (9.7%) | 0.00 | 195 |
2024-05-01 | $251,900 (9.8%) | $316,546 (3.6%) | 0.00 | 204 |
2024-06-01 | $255,000 (10.6%) | $321,450 (4.5%) | 0.00 | 212 |
2024-07-01 | $257,250 (2.9%) | $315,597 (-0.4%) | 0.00 | 230 |
2024-08-01 | $262,450 (7.5%) | $342,438 (6.0%) | 0.00 | 225 |
2024-09-01 | $270,850 (8.4%) | $335,007 (0.5%) | 0.00 | 239 |
2024-10-01 | $268,350 (8.5%) | $322,134 (-2.9%) | 0.00 | 262 |
Russellville's median listing price comes in at 0% of the national average.
Russellville's average listing price for 2024-10-01 was $322,134, a difference of $-9,518 (-2.9%) versus the prior year and $-12,873 versus the prior month.
For the 2024-10-01 period, Russellville had 262 MLS listings, a difference of 23 listings (10%) versus the prior month and 55 listings (27%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Russellville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,697 sqft |
2018-02-01 | 0 days | 1,733 sqft |
2018-03-01 | 0 days | 1,756 sqft |
2018-04-01 | 0 days | 1,800 sqft |
2018-05-01 | 0 days | 1,841 sqft |
2018-06-01 | 0 days | 1,886 sqft |
2018-07-01 | 0 days | 1,866 sqft |
2018-08-01 | 0 days | 1,839 sqft |
2018-09-01 | 0 days | 1,809 sqft |
2018-10-01 | 0 days | 1,806 sqft |
2018-11-01 | 0 days | 1,811 sqft |
2018-12-01 | 0 days | 1,802 sqft |
2019-01-01 | 0 days | 1,737 sqft |
2019-02-01 | 0 days | 1,693 sqft |
2019-03-01 | 0 days | 1,735 sqft |
2019-04-01 | 0 days | 1,788 sqft |
2019-05-01 | 0 days | 1,691 sqft |
2019-06-01 | 0 days | 1,726 sqft |
2019-07-01 | 0 days | 1,760 sqft |
2019-08-01 | 0 days | 1,788 sqft |
2019-09-01 | 0 days | 1,777 sqft |
2019-10-01 | 0 days | 1,771 sqft |
2019-11-01 | 0 days | 1,792 sqft |
2019-12-01 | 0 days | 1,800 sqft |
2020-01-01 | 0 days | 1,771 sqft |
2020-02-01 | 0 days | 1,832 sqft |
2020-03-01 | 0 days | 1,848 sqft |
2020-04-01 | 0 days | 1,854 sqft |
2020-05-01 | 0 days | 1,828 sqft |
2020-06-01 | 0 days | 1,824 sqft |
2020-07-01 | 0 days | 1,811 sqft |
2020-08-01 | 0 days | 1,874 sqft |
2020-09-01 | 0 days | 1,960 sqft |
2020-10-01 | 0 days | 1,843 sqft |
2020-11-01 | 0 days | 1,833 sqft |
2020-12-01 | 0 days | 1,903 sqft |
2021-01-01 | 0 days | 1,840 sqft |
2021-02-01 | 0 days | 1,864 sqft |
2021-03-01 | 0 days | 1,964 sqft |
2021-04-01 | 0 days | 2,107 sqft |
2021-05-01 | 0 days | 1,944 sqft |
2021-06-01 | 0 days | 1,937 sqft |
2021-07-01 | 0 days | 1,784 sqft |
2021-08-01 | 0 days | 1,651 sqft |
2021-09-01 | 0 days | 1,593 sqft |
2021-10-01 | 0 days | 1,698 sqft |
2021-11-01 | 0 days | 1,836 sqft |
2021-12-01 | 0 days | 1,902 sqft |
2022-01-01 | 0 days | 1,787 sqft |
2022-02-01 | 0 days | 1,732 sqft |
2022-03-01 | 0 days | 1,695 sqft |
2022-04-01 | 0 days | 1,781 sqft |
2022-05-01 | 0 days | 1,884 sqft |
2022-06-01 | 0 days | 1,883 sqft |
2022-07-01 | 0 days | 1,840 sqft |
2022-08-01 | 0 days | 1,846 sqft |
2022-09-01 | 0 days | 1,785 sqft |
2022-10-01 | 0 days | 1,829 sqft |
2022-11-01 | 0 days | 1,808 sqft |
2022-12-01 | 0 days | 1,779 sqft |
2023-01-01 | 0 days | 1,753 sqft |
2023-02-01 | 0 days | 1,719 sqft |
2023-03-01 | 0 days | 1,703 sqft |
2023-04-01 | 0 days | 1,786 sqft |
2023-05-01 | 0 days | 1,800 sqft |
2023-06-01 | 0 days | 1,795 sqft |
2023-07-01 | 0 days | 1,800 sqft |
2023-08-01 | 0 days | 1,822 sqft |
2023-09-01 | 0 days | 1,856 sqft |
2023-10-01 | 0 days | 1,901 sqft |
2023-11-01 | 0 days | 1,917 sqft |
2023-12-01 | 0 days | 1,914 sqft |
2024-01-01 | 0 days | 1,911 sqft |
2024-02-01 | 0 days | 1,940 sqft |
2024-03-01 | 0 days | 1,932 sqft |
2024-04-01 | 0 days | 1,923 sqft |
2024-05-01 | 0 days | 1,912 sqft |
2024-06-01 | 0 days | 1,830 sqft |
2024-07-01 | 0 days | 1,816 sqft |
2024-08-01 | 0 days | 1,861 sqft |
2024-09-01 | 0 days | 1,968 sqft |
2024-10-01 | 0 days | 1,908 sqft |
Russellville's median square footage for active listings during the 2024-10-01 period was 1,908 sqft. One year prior, the average listing was 1,901 sqft.