Valdosta VA Loan Rates, Closing Costs & Stats
VALDOSTA, GA
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.
Valdosta's 73 lenders originated 628 VA loans during 2023. The total origination value was $161,390,000, with an average VA loan value of $256,990.
Valdosta VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Valdosta
averaged
6.56%
for the week of 2024-11-01, compared to the national average (all VA variants) of
6.305% for the same period.
Valdosta's average VA mortgage closing costs are $5,560.
The average rate for the prior week (2024-10-25) was
6.22% and
one month ago for the week of 2024-09-27, the
average rate was 5.38%.
The average rate one year ago was 7.5%.
For refis of the same type during the week of 2024-11-01, the average rate
was 6.85%.
Valdosta 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 Valdosta level.
The top Valdosta VA lender as defined by loan originations is Mortgage Research Center, LLC, with
162 VA loans originated. Their average total fees are
$6,044, which is $3,246
lower than the next largest lender,
Ameris Bank.
The lowest fee Valdosta VA lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($6,044), DHI MORTGAGE COMPANY, LTD. ($6,491), UNITED WHOLESALE MORTGAGE, LLC ($6,491), NAVY FEDERAL CREDIT UNION ($6,564) and NBKC BANK ($6,793).
The lowest rate Valdosta VA lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. (5.52%), NAVY FEDERAL CREDIT UNION (5.84%), QUICKEN LOANS, LLC (5.97%), LOANDEPOT.COM, LLC (6.01%) and USAA Federal Savings Bank (6.13%).
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Valdosta (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 | $159,900 (6.9%) | $202,873 (10.0%) | 0.00 | 671 |
2018-02-01 | $157,950 (3.0%) | $202,041 (7.0%) | 0.00 | 688 |
2018-03-01 | $159,900 (3.2%) | $203,683 (6.6%) | 0.00 | 668 |
2018-04-01 | $163,450 (3.7%) | $204,709 (3.6%) | 0.00 | 664 |
2018-05-01 | $167,350 (4.7%) | $208,770 (4.7%) | 0.00 | 654 |
2018-06-01 | $169,900 (6.3%) | $212,903 (5.4%) | 0.00 | 625 |
2018-07-01 | $168,950 (5.7%) | $209,240 (2.0%) | 0.00 | 640 |
2018-08-01 | $168,950 (5.7%) | $212,035 (3.9%) | 0.00 | 612 |
2018-09-01 | $167,500 (4.8%) | $204,587 (1.2%) | 0.00 | 626 |
2018-10-01 | $165,650 (3.6%) | $202,358 (-1.2%) | 0.00 | 630 |
2018-11-01 | $164,900 (3.1%) | $204,794 (2.3%) | 0.00 | 634 |
2018-12-01 | $164,500 (2.9%) | $207,027 (2.3%) | 0.00 | 594 |
2019-01-01 | $167,650 (4.9%) | $211,159 (4.1%) | 0.00 | 563 |
2019-02-01 | $169,900 (7.6%) | $217,174 (7.5%) | 0.00 | 566 |
2019-03-01 | $172,043 (7.6%) | $216,600 (6.3%) | 0.00 | 565 |
2019-04-01 | $174,443 (6.7%) | $216,638 (5.8%) | 0.00 | 564 |
2019-05-01 | $172,400 (3.0%) | $215,484 (3.2%) | 0.00 | 568 |
2019-06-01 | $162,700 (-4.2%) | $215,044 (1.0%) | 0.00 | 567 |
2019-07-01 | $163,450 (-3.3%) | $215,668 (3.1%) | 0.00 | 600 |
2019-08-01 | $166,264 (-1.6%) | $225,736 (6.5%) | 0.00 | 617 |
2019-09-01 | $168,309 (0.5%) | $237,515 (16.1%) | 0.00 | 612 |
2019-10-01 | $169,900 (2.6%) | $245,529 (21.3%) | 0.00 | 610 |
2019-11-01 | $172,900 (4.9%) | $245,494 (19.9%) | 0.00 | 606 |
2019-12-01 | $179,900 (9.4%) | $247,966 (19.8%) | 0.00 | 594 |
2020-01-01 | $179,700 (7.2%) | $245,708 (16.4%) | 0.00 | 565 |
2020-02-01 | $179,900 (5.9%) | $249,675 (15.0%) | 0.00 | 537 |
2020-03-01 | $179,900 (4.6%) | $252,970 (16.8%) | 0.00 | 507 |
2020-04-01 | $179,900 (3.1%) | $233,579 (7.8%) | 0.00 | 520 |
2020-05-01 | $179,900 (4.4%) | $238,281 (10.6%) | 0.00 | 473 |
2020-06-01 | $189,350 (16.4%) | $244,040 (13.5%) | 0.00 | 407 |
2020-07-01 | $192,200 (17.6%) | $255,408 (18.4%) | 0.00 | 382 |
2020-08-01 | $199,900 (20.2%) | $261,491 (15.8%) | 0.00 | 368 |
2020-09-01 | $199,900 (18.8%) | $253,348 (6.7%) | 0.00 | 355 |
2020-10-01 | $209,000 (23.0%) | $261,247 (6.4%) | 0.00 | 315 |
2020-11-01 | $209,900 (21.4%) | $262,317 (6.9%) | 0.00 | 264 |
2020-12-01 | $204,900 (13.9%) | $265,157 (6.9%) | 0.00 | 262 |
2021-01-01 | $201,450 (12.1%) | $266,427 (8.4%) | 0.00 | 244 |
2021-02-01 | $204,900 (13.9%) | $273,885 (9.7%) | 0.00 | 228 |
2021-03-01 | $224,900 (25.0%) | $271,016 (7.1%) | 0.00 | 212 |
2021-04-01 | $231,950 (28.9%) | $280,691 (20.2%) | 0.00 | 199 |
2021-05-01 | $235,500 (30.9%) | $284,671 (19.5%) | 0.00 | 213 |
2021-06-01 | $229,300 (21.1%) | $273,032 (11.9%) | 0.00 | 241 |
2021-07-01 | $229,900 (19.6%) | $284,335 (11.3%) | 0.00 | 253 |
2021-08-01 | $233,675 (16.9%) | $287,384 (9.9%) | 0.00 | 267 |
2021-09-01 | $217,450 (8.8%) | $270,294 (6.7%) | 0.00 | 267 |
2021-10-01 | $219,900 (5.2%) | $279,558 (7.0%) | 0.00 | 244 |
2021-11-01 | $224,900 (7.2%) | $280,094 (6.8%) | 0.00 | 244 |
2021-12-01 | $229,900 (12.2%) | $282,628 (6.6%) | 0.00 | 232 |
2022-01-01 | $249,900 (24.1%) | $307,805 (15.5%) | 0.00 | 217 |
2022-02-01 | $277,425 (35.4%) | $338,702 (23.7%) | 0.00 | 191 |
2022-03-01 | $279,900 (24.5%) | $348,850 (28.7%) | 0.00 | 169 |
2022-04-01 | $265,000 (14.3%) | $358,648 (27.8%) | 0.00 | 162 |
2022-05-01 | $265,825 (12.9%) | $334,837 (17.6%) | 0.00 | 199 |
2022-06-01 | $269,950 (17.7%) | $325,697 (19.3%) | 0.00 | 257 |
2022-07-01 | $282,450 (22.9%) | $332,124 (16.8%) | 0.00 | 286 |
2022-08-01 | $271,425 (16.2%) | $318,305 (10.8%) | 0.00 | 277 |
2022-09-01 | $262,475 (20.7%) | $315,764 (16.8%) | 0.00 | 281 |
2022-10-01 | $266,450 (21.2%) | $313,911 (12.3%) | 0.00 | 311 |
2022-11-01 | $274,925 (22.2%) | $319,514 (14.1%) | 0.00 | 307 |
2022-12-01 | $270,000 (17.4%) | $324,408 (14.8%) | 0.00 | 277 |
2023-01-01 | $273,917 (9.6%) | $334,878 (8.8%) | 0.00 | 244 |
2023-02-01 | $279,900 (0.9%) | $335,869 (-0.8%) | 0.00 | 239 |
2023-03-01 | $279,900 (0.0%) | $332,584 (-4.7%) | 0.00 | 241 |
2023-04-01 | $289,900 (9.4%) | $352,677 (-1.7%) | 0.00 | 256 |
2023-05-01 | $285,475 (7.4%) | $347,459 (3.8%) | 0.00 | 278 |
2023-06-01 | $280,675 (4.0%) | $344,961 (5.9%) | 0.00 | 293 |
2023-07-01 | $289,900 (2.6%) | $347,063 (4.5%) | 0.00 | 298 |
2023-08-01 | $289,900 (6.8%) | $347,390 (9.1%) | 0.00 | 311 |
2023-09-01 | $291,900 (11.2%) | $349,560 (10.7%) | 0.00 | 331 |
2023-10-01 | $296,975 (11.5%) | $352,607 (12.3%) | 0.00 | 325 |
2023-11-01 | $296,950 (8.0%) | $353,711 (10.7%) | 0.00 | 329 |
2023-12-01 | $295,000 (9.3%) | $349,192 (7.6%) | 0.00 | 323 |
2024-01-01 | $299,900 (9.5%) | $354,040 (5.7%) | 0.00 | 315 |
2024-02-01 | $293,500 (4.9%) | $354,522 (5.6%) | 0.00 | 326 |
2024-03-01 | $294,900 (5.4%) | $348,619 (4.8%) | 0.00 | 322 |
2024-04-01 | $297,300 (2.6%) | $349,182 (-1.0%) | 0.00 | 337 |
2024-05-01 | $296,950 (4.0%) | $353,256 (1.7%) | 0.00 | 365 |
2024-06-01 | $279,950 (-0.3%) | $340,999 (-1.2%) | 0.00 | 405 |
2024-07-01 | $279,900 (-3.5%) | $330,800 (-4.7%) | 0.00 | 456 |
2024-08-01 | $289,900 (0.0%) | $328,952 (-5.3%) | 0.00 | 462 |
2024-09-01 | $286,000 (-2.0%) | $326,831 (-6.5%) | 0.00 | 460 |
2024-10-01 | $282,175 (-5.0%) | $327,134 (-7.2%) | 0.00 | 401 |
Valdosta's median listing price comes in at 0% of the national average.
Valdosta's average listing price for 2024-10-01 was $327,134, a difference of $-25,473 (-7.2%) versus the prior year and $303 versus the prior month.
For the 2024-10-01 period, Valdosta had 401 MLS listings, a difference of -59 listings (-13%) versus the prior month and 76 listings (23%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Valdosta (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,850 sqft |
2018-02-01 | 0 days | 1,858 sqft |
2018-03-01 | 0 days | 1,858 sqft |
2018-04-01 | 0 days | 1,847 sqft |
2018-05-01 | 0 days | 1,872 sqft |
2018-06-01 | 0 days | 1,905 sqft |
2018-07-01 | 0 days | 1,882 sqft |
2018-08-01 | 0 days | 1,865 sqft |
2018-09-01 | 0 days | 1,863 sqft |
2018-10-01 | 0 days | 1,847 sqft |
2018-11-01 | 0 days | 1,835 sqft |
2018-12-01 | 0 days | 1,834 sqft |
2019-01-01 | 0 days | 1,836 sqft |
2019-02-01 | 0 days | 1,870 sqft |
2019-03-01 | 0 days | 1,885 sqft |
2019-04-01 | 0 days | 1,895 sqft |
2019-05-01 | 0 days | 1,880 sqft |
2019-06-01 | 0 days | 1,815 sqft |
2019-07-01 | 0 days | 1,829 sqft |
2019-08-01 | 0 days | 1,874 sqft |
2019-09-01 | 0 days | 1,867 sqft |
2019-10-01 | 0 days | 1,862 sqft |
2019-11-01 | 0 days | 1,877 sqft |
2019-12-01 | 0 days | 1,888 sqft |
2020-01-01 | 0 days | 1,873 sqft |
2020-02-01 | 0 days | 1,902 sqft |
2020-03-01 | 0 days | 1,906 sqft |
2020-04-01 | 0 days | 1,924 sqft |
2020-05-01 | 0 days | 1,923 sqft |
2020-06-01 | 0 days | 1,996 sqft |
2020-07-01 | 0 days | 2,003 sqft |
2020-08-01 | 0 days | 1,995 sqft |
2020-09-01 | 0 days | 1,946 sqft |
2020-10-01 | 0 days | 1,986 sqft |
2020-11-01 | 0 days | 1,959 sqft |
2020-12-01 | 0 days | 1,901 sqft |
2021-01-01 | 0 days | 1,925 sqft |
2021-02-01 | 0 days | 1,933 sqft |
2021-03-01 | 0 days | 1,950 sqft |
2021-04-01 | 0 days | 1,952 sqft |
2021-05-01 | 0 days | 1,983 sqft |
2021-06-01 | 0 days | 1,938 sqft |
2021-07-01 | 0 days | 1,950 sqft |
2021-08-01 | 0 days | 1,955 sqft |
2021-09-01 | 0 days | 1,914 sqft |
2021-10-01 | 0 days | 1,945 sqft |
2021-11-01 | 0 days | 1,943 sqft |
2021-12-01 | 0 days | 1,943 sqft |
2022-01-01 | 0 days | 1,950 sqft |
2022-02-01 | 0 days | 1,999 sqft |
2022-03-01 | 0 days | 2,044 sqft |
2022-04-01 | 0 days | 2,045 sqft |
2022-05-01 | 0 days | 1,973 sqft |
2022-06-01 | 0 days | 1,997 sqft |
2022-07-01 | 0 days | 2,003 sqft |
2022-08-01 | 0 days | 1,968 sqft |
2022-09-01 | 0 days | 1,906 sqft |
2022-10-01 | 0 days | 1,914 sqft |
2022-11-01 | 0 days | 1,938 sqft |
2022-12-01 | 0 days | 1,999 sqft |
2023-01-01 | 0 days | 1,984 sqft |
2023-02-01 | 0 days | 2,000 sqft |
2023-03-01 | 0 days | 1,951 sqft |
2023-04-01 | 0 days | 1,963 sqft |
2023-05-01 | 0 days | 1,935 sqft |
2023-06-01 | 0 days | 1,939 sqft |
2023-07-01 | 0 days | 1,925 sqft |
2023-08-01 | 0 days | 1,913 sqft |
2023-09-01 | 0 days | 1,945 sqft |
2023-10-01 | 0 days | 1,965 sqft |
2023-11-01 | 0 days | 1,933 sqft |
2023-12-01 | 0 days | 1,925 sqft |
2024-01-01 | 0 days | 1,941 sqft |
2024-02-01 | 0 days | 1,925 sqft |
2024-03-01 | 0 days | 1,940 sqft |
2024-04-01 | 0 days | 1,919 sqft |
2024-05-01 | 0 days | 1,858 sqft |
2024-06-01 | 0 days | 1,850 sqft |
2024-07-01 | 0 days | 1,858 sqft |
2024-08-01 | 0 days | 1,892 sqft |
2024-09-01 | 0 days | 1,871 sqft |
2024-10-01 | 0 days | 1,886 sqft |
Valdosta's median square footage for active listings during the 2024-10-01 period was 1,886 sqft. One year prior, the average listing was 1,965 sqft.