Sheridan VA Loan Rates, Closing Costs & Stats
Sheridan, WY
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.
Sheridan's 23 lenders originated 47 VA loans during 2023. The total origination value was $19,675,000, with an average VA loan value of $418,617.
Sheridan VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Sheridan
averaged
0.06%
for the week of 2024-11-29, compared to the national average (all VA variants) of
0% for the same period.
Sheridan's average VA mortgage closing costs are $6,401.
The average rate for the prior week (2024-11-22) was
6.23% and
one month ago for the week of 2024-10-25, the
average rate was 5.93%.
The average rate one year ago was 6.97%.
For refis of the same type during the week of 2024-11-29, the average rate
was -0.2%.
Sheridan 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 Sheridan level.
The top Sheridan VA lender as defined by loan originations is Mortgage Research Center, LLC, with
11 VA loans originated. Their average total fees are
$5,162, which is $2,776
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Sheridan VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($5,162), .
The lowest rate Sheridan VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC (6.59%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Sheridan (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 | $282,500 (8.0%) | $409,755 (14.1%) | 0.00 | 181 |
2018-02-01 | $288,675 (8.9%) | $412,764 (13.4%) | 0.00 | 169 |
2018-03-01 | $299,500 (9.2%) | $418,633 (9.3%) | 0.00 | 162 |
2018-04-01 | $311,225 (13.6%) | $402,194 (10.7%) | 0.00 | 183 |
2018-05-01 | $325,000 (18.2%) | $426,476 (15.7%) | 0.00 | 195 |
2018-06-01 | $324,000 (17.8%) | $418,899 (13.0%) | 0.00 | 231 |
2018-07-01 | $294,750 (3.8%) | $401,306 (5.8%) | 0.00 | 234 |
2018-08-01 | $298,625 (3.9%) | $428,019 (11.1%) | 0.00 | 233 |
2018-09-01 | $295,000 (2.9%) | $424,877 (5.4%) | 0.00 | 236 |
2018-10-01 | $297,375 (3.4%) | $432,315 (4.0%) | 0.00 | 232 |
2018-11-01 | $289,673 (1.3%) | $427,759 (4.3%) | 0.00 | 206 |
2018-12-01 | $289,950 (1.4%) | $433,029 (4.8%) | 0.00 | 185 |
2019-01-01 | $285,000 (0.9%) | $423,173 (3.3%) | 0.00 | 185 |
2019-02-01 | $287,000 (-0.6%) | $420,212 (1.8%) | 0.00 | 190 |
2019-03-01 | $300,369 (0.3%) | $426,920 (2.0%) | 0.00 | 186 |
2019-04-01 | $322,500 (3.6%) | $444,597 (10.5%) | 0.00 | 186 |
2019-05-01 | $345,725 (6.4%) | $485,635 (13.9%) | 0.00 | 185 |
2019-06-01 | $354,000 (9.3%) | $482,840 (15.3%) | 0.00 | 214 |
2019-07-01 | $336,000 (14.0%) | $471,865 (17.6%) | 0.00 | 224 |
2019-08-01 | $319,855 (7.1%) | $451,019 (5.4%) | 0.00 | 226 |
2019-09-01 | $327,136 (10.9%) | $454,026 (6.9%) | 0.00 | 212 |
2019-10-01 | $331,991 (11.6%) | $455,287 (5.3%) | 0.00 | 205 |
2019-11-01 | $339,000 (17.0%) | $458,007 (7.1%) | 0.00 | 203 |
2019-12-01 | $356,000 (22.8%) | $477,028 (10.2%) | 0.00 | 172 |
2020-01-01 | $390,900 (37.2%) | $530,012 (25.3%) | 0.00 | 116 |
2020-02-01 | $391,900 (36.6%) | $540,171 (28.6%) | 0.00 | 108 |
2020-03-01 | $388,200 (29.2%) | $545,666 (27.8%) | 0.00 | 108 |
2020-04-01 | $400,850 (24.3%) | $558,097 (25.5%) | 0.00 | 107 |
2020-05-01 | $404,700 (17.1%) | $564,518 (16.2%) | 0.00 | 103 |
2020-06-01 | $423,950 (19.8%) | $594,565 (23.1%) | 0.00 | 106 |
2020-07-01 | $460,725 (37.1%) | $615,284 (30.4%) | 0.00 | 100 |
2020-08-01 | $480,000 (50.1%) | $629,699 (39.6%) | 0.00 | 92 |
2020-09-01 | $486,250 (48.6%) | $699,933 (54.2%) | 0.00 | 89 |
2020-10-01 | $453,999 (36.8%) | $756,010 (66.1%) | 0.00 | 79 |
2020-11-01 | $536,250 (58.2%) | $795,077 (73.6%) | 0.00 | 74 |
2020-12-01 | $538,750 (51.3%) | $823,679 (72.7%) | 0.00 | 69 |
2021-01-01 | $535,000 (36.9%) | $838,638 (58.2%) | 0.00 | 61 |
2021-02-01 | $581,250 (48.3%) | $863,847 (59.9%) | 0.00 | 56 |
2021-03-01 | $675,000 (73.9%) | $1,032,815 (89.3%) | 0.00 | 41 |
2021-04-01 | $753,750 (88.0%) | $1,059,398 (89.8%) | 0.00 | 37 |
2021-05-01 | $775,000 (91.5%) | $954,202 (69.0%) | 0.00 | 69 |
2021-06-01 | $785,000 (85.2%) | $944,681 (58.9%) | 0.00 | 79 |
2021-07-01 | $772,500 (67.7%) | $911,132 (48.1%) | 0.00 | 75 |
2021-08-01 | $569,650 (18.7%) | $936,463 (48.7%) | 0.00 | 62 |
2021-09-01 | $525,000 (8.0%) | $809,169 (15.6%) | 0.00 | 64 |
2021-10-01 | $515,000 (13.4%) | $855,582 (13.2%) | 0.00 | 54 |
2021-11-01 | $523,925 (-2.3%) | $926,479 (16.5%) | 0.00 | 53 |
2021-12-01 | $538,350 (-0.1%) | $870,813 (5.7%) | 0.00 | 57 |
2022-01-01 | $575,000 (7.5%) | $905,964 (8.0%) | 0.00 | 52 |
2022-02-01 | $583,750 (0.4%) | $1,003,082 (16.1%) | 0.00 | 40 |
2022-03-01 | $564,900 (-16.3%) | $975,489 (-5.6%) | 0.00 | 50 |
2022-04-01 | $545,000 (-27.7%) | $886,166 (-16.4%) | 0.00 | 61 |
2022-05-01 | $574,250 (-25.9%) | $891,264 (-6.6%) | 0.00 | 70 |
2022-06-01 | $592,750 (-24.5%) | $924,320 (-2.2%) | 0.00 | 82 |
2022-07-01 | $597,450 (-22.7%) | $952,493 (4.5%) | 0.00 | 100 |
2022-08-01 | $598,000 (5.0%) | $875,398 (-6.5%) | 0.00 | 115 |
2022-09-01 | $622,750 (18.6%) | $863,758 (6.8%) | 0.00 | 112 |
2022-10-01 | $606,000 (17.7%) | $820,156 (-4.1%) | 0.00 | 116 |
2022-11-01 | $605,850 (15.6%) | $819,467 (-11.6%) | 0.00 | 127 |
2022-12-01 | $599,450 (11.4%) | $777,781 (-10.7%) | 0.00 | 116 |
2023-01-01 | $512,375 (-10.9%) | $692,406 (-23.6%) | 0.00 | 96 |
2023-02-01 | $588,325 (0.8%) | $751,544 (-25.1%) | 0.00 | 85 |
2023-03-01 | $635,225 (12.5%) | $825,887 (-15.3%) | 0.00 | 73 |
2023-04-01 | $659,900 (21.1%) | $814,368 (-8.1%) | 0.00 | 86 |
2023-05-01 | $693,349 (20.7%) | $885,258 (-0.7%) | 0.00 | 106 |
2023-06-01 | $666,595 (12.5%) | $846,970 (-8.4%) | 0.00 | 119 |
2023-07-01 | $635,250 (6.3%) | $783,961 (-17.7%) | 0.00 | 126 |
2023-08-01 | $618,325 (3.4%) | $775,982 (-11.4%) | 0.00 | 139 |
2023-09-01 | $618,500 (-0.7%) | $795,158 (-7.9%) | 0.00 | 138 |
2023-10-01 | $618,625 (2.1%) | $779,791 (-4.9%) | 0.00 | 142 |
2023-11-01 | $593,375 (-2.1%) | $775,685 (-5.3%) | 0.00 | 132 |
2023-12-01 | $585,450 (-2.3%) | $753,192 (-3.2%) | 0.00 | 113 |
2024-01-01 | $570,225 (11.3%) | $767,229 (10.8%) | 0.00 | 94 |
2024-02-01 | $589,000 (0.1%) | $815,614 (8.5%) | 0.00 | 94 |
2024-03-01 | $625,000 (-1.6%) | $905,826 (9.7%) | 0.00 | 113 |
2024-04-01 | $624,950 (-5.3%) | $985,213 (21.0%) | 0.00 | 115 |
2024-05-01 | $622,500 (-10.2%) | $957,392 (8.2%) | 0.00 | 127 |
2024-06-01 | $589,000 (-11.6%) | $841,678 (-0.6%) | 0.00 | 195 |
2024-07-01 | $589,000 (-7.3%) | $811,377 (3.5%) | 0.00 | 197 |
2024-08-01 | $579,350 (-6.3%) | $811,987 (4.6%) | 0.00 | 178 |
2024-09-01 | $578,263 (-6.5%) | $814,999 (2.5%) | 0.00 | 171 |
2024-10-01 | $574,175 (-7.2%) | $838,405 (7.5%) | 0.00 | 159 |
Sheridan's median listing price comes in at 0% of the national average.
Sheridan's average listing price for 2024-10-01 was $838,405, a difference of $58,614 (7.5%) versus the prior year and $23,406 versus the prior month.
For the 2024-10-01 period, Sheridan had 159 MLS listings, a difference of -12 listings (-7%) versus the prior month and 17 listings (12%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Sheridan (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,839 sqft |
2018-02-01 | 0 days | 1,880 sqft |
2018-03-01 | 0 days | 1,875 sqft |
2018-04-01 | 0 days | 1,889 sqft |
2018-05-01 | 0 days | 1,948 sqft |
2018-06-01 | 0 days | 1,903 sqft |
2018-07-01 | 0 days | 1,832 sqft |
2018-08-01 | 0 days | 2,009 sqft |
2018-09-01 | 0 days | 1,988 sqft |
2018-10-01 | 0 days | 2,005 sqft |
2018-11-01 | 0 days | 1,976 sqft |
2018-12-01 | 0 days | 1,965 sqft |
2019-01-01 | 0 days | 1,906 sqft |
2019-02-01 | 0 days | 1,934 sqft |
2019-03-01 | 0 days | 1,946 sqft |
2019-04-01 | 0 days | 1,988 sqft |
2019-05-01 | 0 days | 2,082 sqft |
2019-06-01 | 0 days | 2,239 sqft |
2019-07-01 | 0 days | 2,055 sqft |
2019-08-01 | 0 days | 1,999 sqft |
2019-09-01 | 0 days | 2,000 sqft |
2019-10-01 | 0 days | 2,000 sqft |
2019-11-01 | 0 days | 1,962 sqft |
2019-12-01 | 0 days | 2,014 sqft |
2020-01-01 | 0 days | 1,873 sqft |
2020-02-01 | 0 days | 1,863 sqft |
2020-03-01 | 0 days | 1,868 sqft |
2020-04-01 | 0 days | 1,947 sqft |
2020-05-01 | 0 days | 2,178 sqft |
2020-06-01 | 0 days | 2,313 sqft |
2020-07-01 | 0 days | 2,148 sqft |
2020-08-01 | 0 days | 2,112 sqft |
2020-09-01 | 0 days | 2,162 sqft |
2020-10-01 | 0 days | 2,100 sqft |
2020-11-01 | 0 days | 2,118 sqft |
2020-12-01 | 0 days | 1,959 sqft |
2021-01-01 | 0 days | 1,912 sqft |
2021-02-01 | 0 days | 2,077 sqft |
2021-03-01 | 0 days | 2,151 sqft |
2021-04-01 | 0 days | 2,373 sqft |
2021-05-01 | 0 days | 2,238 sqft |
2021-06-01 | 0 days | 2,238 sqft |
2021-07-01 | 0 days | 2,238 sqft |
2021-08-01 | 0 days | 2,232 sqft |
2021-09-01 | 0 days | 2,201 sqft |
2021-10-01 | 0 days | 2,264 sqft |
2021-11-01 | 0 days | 2,245 sqft |
2021-12-01 | 0 days | 2,146 sqft |
2022-01-01 | 0 days | 2,146 sqft |
2022-02-01 | 0 days | 2,146 sqft |
2022-03-01 | 0 days | 2,146 sqft |
2022-04-01 | 0 days | 2,146 sqft |
2022-05-01 | 0 days | 2,199 sqft |
2022-06-01 | 0 days | 2,165 sqft |
2022-07-01 | 0 days | 2,250 sqft |
2022-08-01 | 0 days | 2,400 sqft |
2022-09-01 | 0 days | 2,357 sqft |
2022-10-01 | 0 days | 2,248 sqft |
2022-11-01 | 0 days | 2,241 sqft |
2022-12-01 | 0 days | 2,076 sqft |
2023-01-01 | 0 days | 1,894 sqft |
2023-02-01 | 0 days | 2,017 sqft |
2023-03-01 | 0 days | 2,111 sqft |
2023-04-01 | 0 days | 2,133 sqft |
2023-05-01 | 0 days | 2,340 sqft |
2023-06-01 | 0 days | 2,350 sqft |
2023-07-01 | 0 days | 2,199 sqft |
2023-08-01 | 0 days | 2,164 sqft |
2023-09-01 | 0 days | 2,068 sqft |
2023-10-01 | 0 days | 2,141 sqft |
2023-11-01 | 0 days | 2,000 sqft |
2023-12-01 | 0 days | 1,969 sqft |
2024-01-01 | 0 days | 1,966 sqft |
2024-02-01 | 0 days | 2,075 sqft |
2024-03-01 | 0 days | 2,125 sqft |
2024-04-01 | 0 days | 2,193 sqft |
2024-05-01 | 0 days | 2,230 sqft |
2024-06-01 | 0 days | 2,070 sqft |
2024-07-01 | 0 days | 1,992 sqft |
2024-08-01 | 0 days | 2,184 sqft |
2024-09-01 | 0 days | 2,200 sqft |
2024-10-01 | 0 days | 2,200 sqft |
Sheridan's median square footage for active listings during the 2024-10-01 period was 2,200 sqft. One year prior, the average listing was 2,141 sqft.