Seattle VA Loan Rates, Closing Costs & Stats

Seattle-Tacoma-Bellevue, WA

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.

Seattle's 169 lenders originated 3,380 VA loans during 2023. The total origination value was $1,874,050,000, with an average VA loan value of $554,453.

Seattle VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Seattle averaged 6.86% for the week of 2024-04-12, compared to the national average (all VA variants) of 6.574% for the same period.

Seattle's average VA mortgage closing costs are $8,467.

The average rate for the prior week (2024-04-05) was 6.7% and one month ago for the week of 2024-03-08, the average rate was 6.24%.

The average rate one year ago was 5.93%.

For refis of the same type during the week of 2024-04-12, the average rate was 7.09%.

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

Seattle 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 Seattle level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 340 6.09% $12,712
Mortgage Research Center, LLC 313 6.56% $10,258
QUICKEN LOANS, LLC 200 6.03% $16,318
NAVY FEDERAL CREDIT UNION 149 5.74% $9,681
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 148 6.52% $11,397
MOVEMENT MORTGAGE, LLC 140 6.56% $15,715
CROSSCOUNTRY MORTGAGE, LLC 135 6.47% $13,478
GUILD MORTGAGE COMPANY 108 6.32% $15,882
LOANDEPOT.COM, LLC 78 5.84% $14,383
FREEDOM MORTGAGE CORPORATION 72 6.31% $21,677
AMERICAN PACIFIC MORTGAGE CORPORATION 63 6.41% $19,636
The Federal Savings Bank 62 6.03% $22,793
PENNYMAC LOAN SERVICES, LLC 56 5.56% $14,070
BAY EQUITY LLC 53 6.27% $12,255
CMG MORTGAGE, INC. 51 6.44% $18,094
PREMIER MORTGAGE RESOURCES, L.L.C. 50 6.33% $19,241
USAA Federal Savings Bank 49 6.26% $11,554
EAGLE HOME MORTGAGE, LLC 43 5.88% $13,745
DHI MORTGAGE COMPANY, LTD. 40 5.53% $10,694
SeaTrust Mortgage Company 40 6.43% $17,621
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 38 6.67% $15,147
NEWREZ LLC 38 6.43% $17,705
Paramount Residential Mortgage Group, Inc. 37 6.51% $12,263
BROKER SOLUTIONS, INC. 34 6.23% $17,506
CALIBER HOME LOANS, INC. 33 5.88% $12,280
NFM, INC. 32 6.39% $17,800
GUARANTEED RATE, INC. 32 6.10% $11,072
NBKC BANK 26 5.67% $11,101
CORNERSTONE HOME LENDING, INC. 26 6.22% $12,303
CARDINAL FINANCIAL 24 6.40% $19,262
HOMEBRIDGE FINANCIAL SERVICES, INC. 24 6.04% $14,395
ACADEMY MORTGAGE CORPORATION 24 6.57% $17,833
1st Security Bank of Washington 23 5.88% $20,821
MORTGAGE SOLUTIONS OF COLORADO, LLC 22 7.08% $10,130
Ixonia Bank 21 6.58% $15,088
INSPIRE HOME LOANS INC. 21 5.75% $15,223
NOVA FINANCIAL & INVESTMENT CORPORATION 21 6.57% $15,747
KBHS HOME LOANS, LLC 21 5.52% $13,640
HomeStreet Bank 20 6.28% $13,978
Mr. Cooper ( Nationstar Mortgage ) 18 6.03% $22,004
NEW DAY FINANCIAL, LLC 18 7.34% $15,635
VILLAGE CAPITAL MORTGAGE 17 5.96% $14,494
AMERISAVE MORTGAGE CORPORATION 16 5.77% $19,075
MUTUAL OF OMAHA MORTGAGE, INC. 15 6.11% $14,388
U.S. Bank 15 5.83% $11,954
Wells Fargo Bank 15 5.74% $12,701
T2 FINANCIAL LLC 15 6.23% $13,465
Flagstar Bank, FSB 14 6.42% $13,850
AMERICAN FINANCIAL NETWORK, INC. 14 6.27% $14,218
HOMEAMERICAN MORTGAGE CORPORATION 13 5.15% $5,279
Equity Prime Mortgage LLC 13 6.74% $15,314
PENTAGON FEDERAL CREDIT UNION 13 5.81% $17,399
SAMMAMISH MORTGAGE COMPANY 12 5.66% $13,081
Prosperity Home Mortgage, LLC 11 5.84% $17,392
Alaska USA Federal Credit Union 10 6.49% $19,633
ARK-LA-TEX FINANCIAL SERVICES, LLC. 10 6.64% $10,693
MLD MORTGAGE INC. 10 6.51% $12,676
Plains Commerce Bank 10 6.25% $10,494
PLANET HOME LENDING, LLC 9 5.72% $15,133
GENEVA FINANCIAL, LLC 8 6.25% $20,437
Boeing Employees Credit Union 7 6.61% $10,628
PRIMARY RESIDENTIAL MORTGAGE, INC. 7 6.34% $12,391
Umpqua Bank 7 6.36% $7,780
PENRITH HOME LOANS LLC 7 6.39% $25,626
Barrington Bank & Trust Company, N.A. 7 6.05% $14,945
Century Mortgage Company DBA Century Lending Company 7 6.45% $12,919
CHURCHILL MORTGAGE CORPORATION 7 6.45% $20,675
Armed Forces Bank 7 6.11% $16,267
SUN WEST MORTGAGE COMPANY, INC. 7 6.62% $16,089
EVERETT FINANCIAL, INC. 6 5.98% $14,239
ON Q FINANCIAL, INC. 6 6.46% $4,297
LAKEVIEW LOAN SERVICING, LLC 6 6.23% $13,598
MASON MCDUFFIE MORTGAGE CORPORATION 6 6.25% $20,775
Mid-Continent Funding, Inc. 6 6.29% $13,968
ENVOY MORTGAGE, LTD 6 6.42% $8,036
PREMIA MORTGAGE, LLC 5 6.08% $10,016
AXIA FINANCIAL, LLC 5 6.20% $13,092
PULTE MORTGAGE LLC 5 5.23% $12,613
DAS Acquisition Company, LLC 5 6.63% $9,815
PRIORITY HOME LENDING, LLC 5 6.33% $15,341
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 6.48% $19,881
Banner Bank 5 6.13% $16,508
American Mortgage & Equity Consultants, Inc. 5 5.90% $13,581
BNC National Bank 4 5.59% $13,786
AMCAP MORTGAGE, LTD. 4 6.47% $7,407
GUARANTEED RATE AFFINITY, LLC 4 6.14% $8,047
LADERA LENDING, INC. 4 6.63% $16,228
LEADERONE FINANCIAL CORPORATION 4 7.09% $14,095
LOANPAL, LLC 4 5.53% $22,644
NATIONS DIRECT MORTGAGE, LLC 4 6.69% $11,113
North American Savings Bank, F.S.B. 4 5.22% $7,845
PLAZA HOME MORTGAGE, INC. 4 6.72% $15,064
SOUND 4 5.91% $13,319
UNION HOME MORTGAGE CORP. 4 6.41% $15,443
S1L, Inc. 3 5.92% $11,133
The Loan Store, Inc. 3 6.29% $14,146
TRISTAR FINANCE, INC. 3 6.04% $27,231
NETWORK CAPITAL FUNDING CORPORATION 3 6.33% $17,042
DIRECTORS MORTGAGE, INC. 3 5.88% $18,973
WASHINGTON STATE EMPLOYEES Credit Union 3 5.71% $6,073
Magnolia Bank 3 5.96% $19,537
JPMorgan Chase Bank 3 6.16% $11,980
Sierra Pacific Mortgage Company, Inc. 3 6.54% $19,702
First Savings Bank 3 5.33% $14,920
South Pacific Financial Corporation 2 5.88% $8,797
Wallick & Volk, Inc. 2 7.19% $6,806
MANN FINANCIAL INC. 2 5.94% $12,959
MICHIGAN MUTUAL, INC. 2 5.44% $6,909
Ameris Bank 2 6.00% $8,161
GoPrime Mortgage, Inc. 2 5.88% $19,355
Academy Bank 2 6.44% $3,475
HOMESIDE FINANCIAL, LLC 2 7.00% $8,992
CONTOUR MORTGAGE CORPORATION 2 6.25% $18,725
GUARANTY HOME MORTGAGE CORPORATION 2 5.94% $13,459
SUMMIT FUNDING, INC. 2 5.75% $10,362
MORTGAGEONE, INC. 2 8.00% $6,509
VERITAS FUNDING, LLC 2 5.88% $26,751
FIRST CONTINENTAL MORTGAGE, LTD. 2 6.56% $16,518
Fifth Third Bank 1 6.00% $2,838
Farmers Bank & Trust 1 5.50% $15,902
EMBRACE HOME LOANS, INC. 1 5.99% $30,717
CRESCENT MORTGAGE COMPANY 1 6.75% $6,258
Cornerstone First Mortgage, Inc 1 7.00% $6,755
RELIANCE FIRST CAPITAL, LLC 1 6.13% $20,818
COMMUNITYAMERICA 1 6.88% $2,758
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.25% $10,071
Willamette Valley Bank 1 6.75% $1,479
Sound Community Bank 1 6.75% $6,258
SOVEREIGN LENDING GROUP INCORPORATED 1 5.00% $38,637
Strong Home Mortgage, LLC 1 5.25% $3,188
Summit Mortgage Corporation 1 5.75% $18,667
Sunflower Bank 1 6.13% $19,749
CHERRY CREEK MORTGAGE, LLC 1 5.00% $7,980
Carrington Mortgage Services, LLC 1 5.13% $3,074
TBI MORTGAGE COMPANY 1 6.75% $8,326
The Central Trust Bank 1 5.63% $4,457
Bank of England 1 5.75% $10,044
AmRes Corporation 1 7.25% $19,136
ZILLOW HOME LOANS, LLC 1 6.25% $19,015
AmeriHome Mortgage Company, LLC 1 5.50% $13,779
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.25% $11,016
AMERICAN FINANCING CORPORATION 1 5.50% $11,769
V.I.P. MORTGAGE, INC. 1 4.88% $24,787
MEMBER FIRST MORTGAGE, LLC 1 7.25% $7,457
Lakeview Community Capital, LLC 1 5.75% $5,412
LPMC, LLC 1 6.50% $2,426
Keystone Funding, Inc. 1 5.75% $4,044
KeyBank 1 6.38% $8,160
MOUNTAIN WEST FINANCIAL, INC. 1 6.50% $6,705
KELLER MORTGAGE, LLC 1 5.63% $15,568
Nations Lending Corporation 1 6.63% $21,214
NATIONS RELIABLE LENDING, LLC 1 6.75% $8,139
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.75% $6,426
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 5.13% $10,790
GSF Mortgage Corporation 1 5.38% $15,752
NexBank 1 5.75% $16,657
Northpointe Bank 1 6.13% $7,615
Golden Empire Mortgage, Inc. 1 6.75% $16,247
Gateway First Bank 1 5.75% $7,289
ONY GLO, INC. 1 7.25% $25,507
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.75% $6,567
First Western Trust Bank 1 5.63% $4,606
First Internet Bank of Indiana 1 5.00% $10,179
First Horizon Bank 1 6.25% $11,475
PHH Mortgage Corporation 1 6.00% $19,545
First Federal Savings and Loan Association of Port Angeles 1 5.50% $13,779
First Federal Bank 1 5.63% $23,048
Wheatland Bank 1 6.00% $5,750
POINT Mortgage 1 7.25% $11,044

The top Seattle VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 340 VA loans originated. Their average total fees are $12,712, which is $2,454 higher than the next largest lender, Mortgage Research Center, LLC.

The lowest fee Seattle VA lenders (with over 10 loans originated) are HOMEAMERICAN MORTGAGE CORPORATION ($5,279), NAVY FEDERAL CREDIT UNION ($9,681), MORTGAGE SOLUTIONS OF COLORADO, LLC ($10,130), Mortgage Research Center, LLC ($10,258) and Plains Commerce Bank ($10,494).

The lowest rate Seattle VA lenders (with over 10 loans originated) are HOMEAMERICAN MORTGAGE CORPORATION (5.15%), KBHS HOME LOANS, LLC (5.52%), DHI MORTGAGE COMPANY, LTD. (5.53%), PENNYMAC LOAN SERVICES, LLC (5.56%) and SAMMAMISH MORTGAGE COMPANY (5.66%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Seattle (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 $494,914 (13.3%) $817,526 (17.5%) 1.83 2,935
2018-02-01 $522,475 (13.7%) $837,160 (12.5%) 1.90 2,977
2018-03-01 $550,000 (14.9%) $855,943 (13.2%) 1.93 3,291
2018-04-01 $560,350 (13.0%) $860,602 (10.6%) 1.90 3,915
2018-05-01 $571,700 (14.5%) $860,476 (9.9%) 1.91 4,775
2018-06-01 $575,000 (15.0%) $858,054 (10.4%) 1.92 5,926
2018-07-01 $565,925 (13.3%) $823,717 (7.1%) 1.89 7,217
2018-08-01 $551,484 (13.1%) $794,999 (6.7%) 1.85 8,156
2018-09-01 $549,950 (12.5%) $784,270 (4.7%) 1.85 9,206
2018-10-01 $552,500 (12.8%) $782,006 (3.0%) 1.87 9,384
2018-11-01 $549,998 (11.7%) $781,745 (0.8%) 1.86 8,294
2018-12-01 $550,000 (11.1%) $789,581 (-0.7%) 1.90 6,850
2019-01-01 $562,475 (13.7%) $817,163 (0.0%) 1.94 5,558
2019-02-01 $593,998 (13.7%) $859,546 (2.7%) 2.01 5,429
2019-03-01 $608,711 (10.7%) $873,950 (2.1%) 1.99 5,655
2019-04-01 $627,445 (12.0%) $899,002 (4.5%) 1.99 5,935
2019-05-01 $623,714 (9.1%) $881,335 (2.4%) 1.95 7,098
2019-06-01 $614,950 (7.0%) $859,290 (0.1%) 1.92 7,807
2019-07-01 $599,995 (6.0%) $850,226 (3.2%) 1.88 7,784
2019-08-01 $595,836 (8.0%) $841,704 (5.9%) 1.89 8,177
2019-09-01 $589,741 (7.2%) $834,131 (6.4%) 1.89 8,311
2019-10-01 $585,677 (6.0%) $829,082 (6.0%) 1.89 8,319
2019-11-01 $579,000 (5.3%) $833,943 (6.7%) 1.90 6,739
2019-12-01 $579,950 (5.5%) $846,363 (7.2%) 1.93 4,768
2020-01-01 $587,500 (4.5%) $867,130 (6.1%) 1.96 3,866
2020-02-01 $599,900 (1.0%) $889,510 (3.5%) 1.96 3,790
2020-03-01 $606,495 (-0.4%) $882,234 (1.0%) 1.90 4,299
2020-04-01 $599,950 (-4.4%) $851,077 (-5.3%) 1.88 4,888
2020-05-01 $608,000 (-2.5%) $859,906 (-2.4%) 1.85 5,649
2020-06-01 $621,498 (1.1%) $887,354 (3.3%) 1.83 5,729
2020-07-01 $627,000 (4.5%) $896,058 (5.4%) 1.82 5,735
2020-08-01 $625,000 (4.9%) $885,121 (5.2%) 1.79 5,959
2020-09-01 $624,999 (6.0%) $885,251 (6.1%) 1.79 6,059
2020-10-01 $619,990 (5.9%) $890,134 (7.4%) 1.78 5,838
2020-11-01 $626,725 (8.2%) $922,318 (10.6%) 1.83 4,129
2020-12-01 $624,975 (7.8%) $930,668 (10.0%) 1.86 3,092
2021-01-01 $638,000 (8.6%) $958,591 (10.6%) 1.90 2,424
2021-02-01 $648,625 (8.1%) $953,436 (7.2%) 1.89 2,219
2021-03-01 $652,500 (7.6%) $924,093 (4.7%) 1.85 2,584
2021-04-01 $669,975 (11.7%) $940,369 (10.5%) 1.81 2,763
2021-05-01 $679,900 (11.8%) $946,099 (10.0%) 1.81 2,937
2021-06-01 $683,725 (10.0%) $944,575 (6.5%) 1.80 3,424
2021-07-01 $689,950 (10.0%) $943,656 (5.3%) 1.82 3,641
2021-08-01 $674,975 (8.0%) $912,385 (3.1%) 1.80 3,753
2021-09-01 $675,000 (8.0%) $918,542 (3.8%) 1.80 3,744
2021-10-01 $675,000 (8.9%) $939,780 (5.6%) 1.80 3,324
2021-11-01 $674,995 (7.7%) $947,493 (2.7%) 1.80 2,510
2021-12-01 $662,500 (6.0%) $933,507 (0.3%) 1.79 1,660
2022-01-01 $685,000 (7.4%) $1,001,387 (4.5%) 1.85 1,315
2022-02-01 $722,450 (11.4%) $1,051,274 (10.3%) 1.88 1,539
2022-03-01 $749,950 (14.9%) $1,075,930 (16.4%) 1.88 1,867
2022-04-01 $799,950 (19.4%) $1,128,806 (20.0%) 1.91 2,207
2022-05-01 $824,995 (21.3%) $1,161,979 (22.8%) 1.89 3,971
2022-06-01 $802,495 (17.4%) $1,135,816 (20.3%) 1.79 5,457
2022-07-01 $789,950 (14.5%) $1,083,308 (14.8%) 1.78 6,954
2022-08-01 $774,950 (14.8%) $1,075,090 (17.8%) 1.79 6,961
2022-09-01 $762,485 (13.0%) $1,078,846 (17.5%) 1.78 6,694
2022-10-01 $750,000 (11.1%) $1,060,491 (12.8%) 1.76 6,701
2022-11-01 $737,450 (9.3%) $1,056,940 (11.6%) 1.77 6,006
2022-12-01 $725,000 (9.4%) $1,038,754 (11.3%) 1.79 4,559
2023-01-01 $727,000 (6.1%) $1,042,070 (4.1%) 1.80 3,674
2023-02-01 $749,950 (3.8%) $1,105,889 (5.2%) 1.81 3,116
2023-03-01 $789,225 (5.2%) $1,177,299 (9.4%) 1.86 3,106
2023-04-01 $825,000 (3.1%) $1,236,224 (9.5%) 1.92 3,165
2023-05-01 $822,500 (-0.3%) $1,235,201 (6.3%) 1.87 3,543
2023-06-01 $824,500 (2.7%) $1,225,756 (7.9%) 1.85 4,090
2023-07-01 $815,000 (3.2%) $1,242,311 (14.7%) 1.85 4,267
2023-08-01 $799,475 (3.2%) $1,226,323 (14.1%) 1.84 4,504
2023-09-01 $799,000 (4.8%) $1,215,186 (12.6%) 1.86 4,774
2023-10-01 $792,250 (5.6%) $1,179,771 (11.3%) 1.86 4,808
2023-11-01 $752,413 (2.0%) $1,110,443 (5.1%) 1.79 5,293
2023-12-01 $749,000 (3.3%) $1,088,306 (4.8%) 1.83 4,177
2024-01-01 $749,495 (3.1%) $1,122,633 (7.7%) 1.83 3,319
2024-02-01 $765,000 (2.0%) $1,155,569 (4.5%) 1.84 3,294
2024-03-01 $767,875 (-2.7%) $1,150,459 (-2.3%) 1.81 3,737
Seattle's median listing price for 2024-03-01 was $767,875, a difference of $-21,350 (-2.7%) versus the prior year and $2,875 versus the prior month.

Seattle's median listing price comes in at 181% of the national average.

Seattle's average listing price for 2024-03-01 was $1,150,459, a difference of $-26,840 (-2.3%) versus the prior year and $-5,110 versus the prior month.

For the 2024-03-01 period, Seattle had 3,737 MLS listings, a difference of 443 listings (13%) versus the prior month and 631 listings (20%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Seattle (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 43 days 2,184 sqft
2018-02-01 26 days 2,179 sqft
2018-03-01 22 days 2,172 sqft
2018-04-01 22 days 2,153 sqft
2018-05-01 19 days 2,180 sqft
2018-06-01 22 days 2,180 sqft
2018-07-01 29 days 2,136 sqft
2018-08-01 30 days 2,104 sqft
2018-09-01 36 days 2,041 sqft
2018-10-01 38 days 2,036 sqft
2018-11-01 45 days 2,018 sqft
2018-12-01 59 days 2,040 sqft
2019-01-01 63 days 2,085 sqft
2019-02-01 42 days 2,141 sqft
2019-03-01 33 days 2,137 sqft
2019-04-01 24 days 2,160 sqft
2019-05-01 28 days 2,117 sqft
2019-06-01 31 days 2,110 sqft
2019-07-01 37 days 2,110 sqft
2019-08-01 39 days 2,084 sqft
2019-09-01 41 days 2,059 sqft
2019-10-01 43 days 2,045 sqft
2019-11-01 50 days 2,020 sqft
2019-12-01 61 days 2,044 sqft
2020-01-01 65 days 2,052 sqft
2020-02-01 31 days 2,065 sqft
2020-03-01 23 days 2,089 sqft
2020-04-01 31 days 2,078 sqft
2020-05-01 35 days 2,054 sqft
2020-06-01 31 days 2,036 sqft
2020-07-01 30 days 2,010 sqft
2020-08-01 30 days 1,920 sqft
2020-09-01 33 days 1,840 sqft
2020-10-01 35 days 1,773 sqft
2020-11-01 41 days 1,708 sqft
2020-12-01 48 days 1,686 sqft
2021-01-01 43 days 1,660 sqft
2021-02-01 29 days 1,678 sqft
2021-03-01 23 days 1,748 sqft
2021-04-01 23 days 1,773 sqft
2021-05-01 20 days 1,800 sqft
2021-06-01 20 days 1,820 sqft
2021-07-01 23 days 1,824 sqft
2021-08-01 26 days 1,825 sqft
2021-09-01 29 days 1,856 sqft
2021-10-01 33 days 1,846 sqft
2021-11-01 35 days 1,825 sqft
2021-12-01 39 days 1,794 sqft
2022-01-01 37 days 1,793 sqft
2022-02-01 16 days 1,820 sqft
2022-03-01 17 days 1,888 sqft
2022-04-01 16 days 1,964 sqft
2022-05-01 16 days 2,068 sqft
2022-06-01 22 days 2,050 sqft
2022-07-01 28 days 2,040 sqft
2022-08-01 34 days 2,026 sqft
2022-09-01 39 days 2,010 sqft
2022-10-01 39 days 1,970 sqft
2022-11-01 45 days 1,953 sqft
2022-12-01 59 days 1,960 sqft
2023-01-01 65 days 1,950 sqft
2023-02-01 43 days 1,980 sqft
2023-03-01 32 days 2,050 sqft
2023-04-01 31 days 2,030 sqft
2023-05-01 29 days 2,037 sqft
2023-06-01 29 days 2,037 sqft
2023-07-01 33 days 2,040 sqft
2023-08-01 33 days 2,003 sqft
2023-09-01 37 days 1,989 sqft
2023-10-01 38 days 1,960 sqft
2023-11-01 45 days 1,913 sqft
2023-12-01 57 days 1,888 sqft
2024-01-01 59 days 1,845 sqft
2024-02-01 32 days 1,841 sqft
2024-03-01 29 days 1,860 sqft
Seattle's median listing age (time on market) for 2024-03-01 was 29 days. This is -9% shorter than the same period one year ago.

Seattle's median square footage for active listings during the 2024-03-01 period was 1,860 sqft. One year prior, the average listing was 2,050 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.