Washington VA Loan Rates, Closing Costs & Stats

Washington-Arlington-Alexandria, DC-VA-MD-WV

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.

Washington's 253 lenders originated 10,789 VA loans during 2023. The total origination value was $6,156,715,000, with an average VA loan value of $570,647.

Washington VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Washington averaged 6.38% for the week of 2024-07-05, compared to the national average (all VA variants) of 6.475% for the same period.

Washington's average VA mortgage closing costs are $8,695.

The average rate for the prior week (2024-06-28) was 6.68% and one month ago for the week of 2024-05-31, the average rate was 6.5%.

The average rate one year ago was 6.35%.

For refis of the same type during the week of 2024-07-05, the average rate was 6.84%.

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

Washington 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 Washington level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 812 6.61% $10,835
NAVY FEDERAL CREDIT UNION 702 5.78% $10,261
UNITED WHOLESALE MORTGAGE, LLC 472 6.09% $14,175
QUICKEN LOANS, LLC 454 6.07% $15,945
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 395 6.13% $12,145
MOVEMENT MORTGAGE, LLC 355 6.20% $12,773
NVR Mortgage Finance, Inc. 346 5.72% $10,991
CMG MORTGAGE, INC. 337 5.89% $14,416
Atlantic Coast Mortgage, LLC 335 6.11% $14,853
GUARANTEED RATE, INC. 244 6.00% $11,834
First Heritage Mortgage, LLC 242 6.22% $18,206
FREEDOM MORTGAGE CORPORATION 230 6.45% $21,890
Prosperity Home Mortgage, LLC 212 5.95% $13,214
PENNYMAC LOAN SERVICES, LLC 205 5.54% $13,268
FIRST HOME MORTGAGE CORPORATION 198 6.27% $15,754
PENTAGON FEDERAL CREDIT UNION 195 5.61% $10,784
EAGLE HOME MORTGAGE, LLC 182 6.05% $6,819
INTERCOASTAL MORTGAGE COMPANY 181 6.07% $17,043
LOANDEPOT.COM, LLC 152 5.67% $15,098
EMBRACE HOME LOANS, INC. 147 6.05% $16,829
DHI MORTGAGE COMPANY, LTD. 144 5.81% $9,482
FIRST SAVINGS MORTGAGE CORPORATION 141 6.21% $16,947
The Federal Savings Bank 134 6.16% $20,844
NFM, INC. 132 6.21% $13,808
USAA Federal Savings Bank 131 6.24% $13,964
CROSSCOUNTRY MORTGAGE, LLC 126 6.34% $13,672
Towne Bank 99 6.26% $13,912
Vellum Mortgage, Inc. 96 6.34% $17,005
DRAPER AND KRAMER MORTGAGE CORP. 87 6.04% $12,475
GUARANTEED RATE AFFINITY, LLC 86 6.10% $11,009
CALIBER HOME LOANS, INC. 85 6.07% $15,974
BAY EQUITY LLC 81 6.23% $13,396
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 79 6.11% $12,616
Mr. Cooper ( Nationstar Mortgage ) 72 6.10% $17,931
George Mason Mortgage, LLC 72 5.97% $17,091
NEW DAY FINANCIAL, LLC 68 7.50% $21,449
NEWREZ LLC 64 6.37% $15,718
NBKC BANK 61 5.90% $12,697
PULTE MORTGAGE LLC 59 5.81% $8,599
JAMS-01, INC. 57 5.98% $18,841
Wells Fargo Bank 55 5.63% $9,418
HOMESIDE FINANCIAL, LLC 53 6.40% $14,214
Presidential Bank, FSB 52 6.24% $15,054
AMERISAVE MORTGAGE CORPORATION 51 5.65% $21,182
AMERICAN FINANCIAL NETWORK, INC. 50 6.26% $11,702
Truist 44 6.14% $12,641
Integrity Home Mortgage Corp 40 6.42% $16,231
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 38 6.52% $9,384
VILLAGE CAPITAL MORTGAGE 36 6.56% $16,593
Ameris Bank 34 6.22% $15,835
JET HOMELOANS, LLC 32 5.80% $8,188
Plains Commerce Bank 31 6.04% $12,300
MUTUAL OF OMAHA MORTGAGE, INC. 31 6.38% $18,874
Century Mortgage Company DBA Century Lending Company 30 6.08% $12,404
CARDINAL FINANCIAL 30 6.52% $21,256
PRIMELENDING, A PLAINSCAPITAL COMPANY 28 6.51% $14,209
AMERICAN PACIFIC MORTGAGE CORPORATION 27 6.26% $17,131
BAY CAPITAL MORTGAGE CORPORATION 26 6.23% $10,478
HOMEAMERICAN MORTGAGE CORPORATION 26 5.82% $7,011
BROKER SOLUTIONS, INC. 25 6.63% $12,888
U.S. Bank 25 5.92% $11,285
The Freedom Bank of Virginia 25 5.89% $13,347
ARK-LA-TEX FINANCIAL SERVICES, LLC. 25 6.69% $10,972
FIRST EQUITY MORTGAGE INCORPORATED 24 5.66% $15,338
Paramount Residential Mortgage Group, Inc. 24 6.36% $12,392
Strong Home Mortgage, LLC 23 6.03% $11,824
MCLEAN MORTGAGE CORPORATION 23 5.59% $10,561
American Mortgage & Equity Consultants, Inc. 22 6.37% $15,341
Alcova Mortgage LLC 22 6.76% $15,640
PLANET HOME LENDING, LLC 22 5.96% $10,245
CHURCHILL MORTGAGE CORPORATION 20 6.11% $15,209
Barrington Bank & Trust Company, N.A. 20 6.16% $12,077
Sandy Spring Bank 20 6.34% $17,239
PRIMARY RESIDENTIAL MORTGAGE, INC. 20 6.33% $12,885
M&T Bank 19 6.25% $12,607
First Federal Bank 19 6.08% $12,344
HOMESPIRE MORTGAGE CORPORATION 19 6.26% $13,434
BNC National Bank 18 5.44% $9,442
CBM Mortgage, Inc. 17 6.46% $14,229
Flagstar Bank, FSB 17 6.32% $15,397
DAS Acquisition Company, LLC 17 6.63% $15,062
UNION HOME MORTGAGE CORP. 16 6.05% $17,580
Armed Forces Bank 16 6.11% $12,739
THE MORTGAGE LINK, INC. 16 6.25% $17,347
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 16 6.64% $15,139
HOMEBRIDGE FINANCIAL SERVICES, INC. 15 6.38% $14,859
FIDELITY DIRECT MORTGAGE, LLC 15 6.63% $16,201
Waterstone Mortgage Corporation 15 6.45% $17,475
Magnolia Bank 14 5.96% $23,740
SWBC MORTGAGE CORPORATION 14 6.38% $12,617
GUILD MORTGAGE COMPANY 14 6.26% $13,724
MORTGAGE ACCESS CORP. 13 6.20% $13,810
LAKEVIEW LOAN SERVICING, LLC 13 5.96% $15,458
Keystone Funding, Inc. 13 6.26% $18,130
Meridian Bank Corporation 12 6.04% $15,752
INTERLINC MORTGAGE SERVICES, LLC 12 6.65% $13,366
MANN FINANCIAL INC. 11 6.16% $17,778
North American Savings Bank, F.S.B. 11 5.38% $11,877
EMM LOANS LLC 11 6.18% $20,755
RELIANCE FIRST CAPITAL, LLC 11 6.48% $16,768
SUN WEST MORTGAGE COMPANY, INC. 11 6.11% $11,280
GSF Mortgage Corporation 11 6.30% $12,572
ACADEMY MORTGAGE CORPORATION 10 6.46% $11,167
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 9 6.14% $16,912
EVERETT FINANCIAL, INC. 9 6.56% $24,876
Atlantic Union Bank 9 6.17% $7,621
Mid-Continent Funding, Inc. 9 5.86% $15,028
NATIONS DIRECT MORTGAGE, LLC 9 6.19% $14,873
SOUTHERN TRUST MORTGAGE, LLC 9 6.39% $17,768
CONTOUR MORTGAGE CORPORATION 9 6.36% $22,810
JPMorgan Chase Bank 9 6.68% $7,729
GoPrime Mortgage, Inc. 9 6.03% $11,739
CAPITAL CENTER, L.L.C. 8 6.06% $7,097
MORTGAGE SOLUTIONS OF COLORADO, LLC 8 6.72% $18,435
NORWICH COMMERCIAL GROUP, INC. 8 6.50% $13,443
T2 FINANCIAL LLC 8 6.52% $18,575
BAYSHORE MORTGAGE FUNDING, LLC 7 6.55% $22,219
Capital Bank 7 6.00% $17,554
MLD MORTGAGE INC. 7 6.50% $13,867
PLAZA HOME MORTGAGE, INC. 7 6.41% $16,660
Northpointe Bank 7 6.04% $18,591
Sunflower Bank 7 5.53% $16,129
SUMMIT FUNDING, INC. 7 7.16% $9,581
Equity Prime Mortgage LLC 7 6.70% $17,586
MICHIGAN MUTUAL, INC. 7 6.38% $14,143
DIRECT MORTGAGE LOANS, LLC 6 6.56% $17,579
American Security Mortgage Corp. 6 5.88% $14,618
EagleBank 6 5.75% $14,876
MILEND, INC. 6 6.56% $17,262
NATIONWIDE MORTGAGE BANKERS, INC. 6 6.79% $16,246
OCMBC, INC. 6 6.81% $8,984
PREMIA MORTGAGE, LLC 6 6.06% $8,136
Residential Mortgage Solutions, Inc. 6 7.21% $14,000
SECURITYNATIONAL MORTGAGE COMPANY 6 5.83% $18,079
Shore United Bank 6 6.31% $14,390
TBI MORTGAGE COMPANY 6 6.29% $9,132
The Central Trust Bank 6 5.13% $19,757
WesBanco 6 6.00% $17,820
ZILLOW HOME LOANS, LLC 5 6.58% $7,341
MY MORTGAGE, INC. 5 6.98% $15,974
RESIDENTIAL HOME FUNDING CORP. 5 5.60% $16,160
Summit Mortgage Corporation 5 5.80% $10,519
TD Bank 5 6.10% $19,580
Fulton Bank 5 6.43% $18,395
Nations Lending Corporation 5 6.45% $18,179
Citizens Bank 5 6.03% $20,863
SOVEREIGN LENDING GROUP INCORPORATED 5 5.55% $19,808
First Savings Bank 5 5.50% $14,324
MDE Home Loans, LLC 5 6.43% $25,125
TIDEWATER MORTGAGE SERVICES, INC. 5 6.10% $14,077
LEADERONE FINANCIAL CORPORATION 4 6.50% $15,287
LOANPAL, LLC 4 5.72% $17,642
Cornerstone First Mortgage, Inc 4 6.09% $16,853
FIRST COMMUNITY MORTGAGE, INC. 4 7.19% $10,671
Blue Ridge Bank 4 6.31% $6,320
CORNERSTONE HOME LENDING, INC. 3 6.08% $24,500
MORIA DEVELOPMENT, INC. 3 7.04% $7,979
First Western Trust Bank 3 6.79% $7,151
Sierra Pacific Mortgage Company, Inc. 3 5.79% $7,872
C & F Mortgage Corporation 3 6.46% $17,053
SUCCESS MORTGAGE PARTNERS, INC. 3 6.92% $14,067
Carrington Mortgage Services, LLC 3 5.83% $6,516
First National Bank of Pennsylvania 3 6.25% $5,468
EQUITY RESOURCES, INC. 3 6.67% $10,543
Bank of America 3 5.96% $11,195
ENVOY MORTGAGE, LTD 3 6.79% $14,163
Virginia Credit Union, Inc. 3 6.00% $11,257
Encompass Lending Group, LP 3 6.17% $11,993
TJC Mortgage, Inc. 3 5.92% $12,688
1ST FINANCIAL, INC. 3 6.08% $15,394
UNIVERSAL MORTGAGE & FINANCE, INC. 3 6.67% $21,354
LIBERTY HOME MORTGAGE CORPORATION 3 6.96% $38,783
NexBank 3 5.92% $15,799
Lakeview Community Capital, LLC 3 6.25% $17,371
LADERA LENDING, INC. 3 6.21% $17,006
Ixonia Bank 3 6.54% $38,209
Princeton Mortgage Corporation 2 7.06% $11,449
SeaTrust Mortgage Company 2 6.19% $23,764
NETWORK CAPITAL FUNDING CORPORATION 2 6.00% $16,945
Community First National Bank 2 5.88% $9,243
Advance Financial Group, LLC 2 6.44% $12,146
MILLENNIUM FINANCIAL GROUP, INC. 2 7.00% $8,133
RADIUS FINANCIAL GROUP INC. 2 5.87% $16,398
Wyndham Capital Mortgage, Inc. 2 5.31% $11,941
GVC MORTGAGE, INC. 2 6.50% $11,848
JOHNSON MORTGAGE COMPANY, L.L.C. 2 6.81% $26,330
ON Q FINANCIAL, INC. 2 6.56% $14,801
Watermark Capital, Inc. 2 6.63% $24,903
ABSOLUTE HOME MORTGAGE CORPORATION 2 6.75% $14,507
MID-ISLAND MORTGAGE CORP. 2 5.31% $18,736
ROYAL UNITED MORTGAGE LLC 2 7.00% $61,414
CRESCENT MORTGAGE COMPANY 2 6.38% $10,211
PNC Bank 2 6.56% $6,499
GENEVA FINANCIAL, LLC 2 6.44% $23,407
Credence Funding Corporation 2 5.63% $2,862
AmeriHome Mortgage Company, LLC 2 5.94% $12,185
Assurance Financial Group, L.L.C. 2 7.63% $2,003
Allied First Bank,sb 1 6.75% $8,911
iCore Lending, Inc. 1 6.13% $18,366
HomePromise Corporation 1 7.25% $10,135
MORTGAGEONE, INC. 1 7.00% $691
Gateway First Bank 1 6.25% $5,515
Franklin Loan Corporation 1 5.75% $11,274
FLAT BRANCH MORTGAGE, INC. 1 5.63% $4,884
Washington Trust Bank 1 6.63% $10,190
NBH Bank 1 5.63% $27,484
First National Bank of Omaha 1 6.63% $36,973
FIRST MORTGAGE COMPANY, INC. 1 5.25% $14,058
FIRST HERITAGE FINANCIAL, LLC 1 5.25% $28,061
First Federal Bank, A FSB 1 6.75% $33,558
First-Citizens Bank & Trust Company 1 7.25% $5,238
NORTHPOINT MORTGAGE, INC. 1 7.00% $16,336
Fifth Third Bank 1 6.00% $13,333
Evolve Bank & Trust 1 6.00% $4,496
OceanFirst Bank 1 6.50% $9,057
Paramount Bank 1 6.13% $16,372
EVANSVILLE TEACHERS 1 6.38% $16,620
PHH Mortgage Corporation 1 6.49% $23,124
Academy Bank 1 6.00% $4,022
Core Bank 1 6.13% $24,754
CityWorth Mortgage LLC 1 5.50% $9,974
Regions Bank 1 5.63% $4,563
Renasant Bank 1 7.38% $4,989
Republic Bank & Trust Company 1 6.63% $13,625
RESOURCE FINANCIAL SERVICES, INC. 1 7.63% $4,003
ROSS MORTGAGE CORPORATION 1 6.13% $7,682
Citibank 1 5.38% $11,764
Service Federal Credit Union 1 6.88% $14,599
Willamette Valley Bank 1 6.13% $19,117
SIRVA MORTGAGE, INC. 1 7.00% $7,633
CHERRY CREEK MORTGAGE, LLC 1 6.25% $667
Capital City Home Loans, LLC 1 6.75% $3,500
Bell Bank 1 6.63% $9,951
Bank of England 1 6.63% $3,240
Wolfe Financial, Inc 1 6.88% $8,785
Aurora Financial, LLC 1 5.50% $5,999
The Huntington National Bank 1 6.50% $3,533
THRIVE MORTGAGE, LLC 1 6.38% $19,192
TOTAL MORTGAGE SERVICES, LLC 1 6.75% $14,883
Towne Mortgage, LLC 1 6.13% $18,990
AMERICAN INTERNET MORTGAGE, INC. 1 5.75% $12,506
AMERICAN FINANCING CORPORATION 1 6.50% $23,847
Union Savings Bank 1 7.25% $4,492
United Nations Federal Credit Union 1 6.13% $4,532
UNITED NORTHERN MORTGAGE BANKERS LIMITED 1 5.63% $6,023
AMERICAN FINANCIAL RESOURCES, INC. 1 6.63% $27,774
ALLIED MORTGAGE GROUP, INC. 1 6.13% $3,409
MID AMERICA MORTGAGE, INC. 1 6.13% $19,117
Victorian Finance, LLC 1 5.88% $0
VILLAGE BANK MORTGAGE CORPORATION 1 6.13% $13,810
ACNB Bank 1 5.63% $11,566
LEGEND LENDING CORPORATION 1 6.13% $16,261
LAND HOME FINANCIAL SERVICES, INC. 1 6.25% $21,025

The top Washington VA lender as defined by loan originations is Mortgage Research Center, LLC, with 812 VA loans originated. Their average total fees are $10,835, which is $574 higher than the next largest lender, NAVY FEDERAL CREDIT UNION.

The lowest fee Washington VA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC ($6,819), HOMEAMERICAN MORTGAGE CORPORATION ($7,011), JET HOMELOANS, LLC ($8,188), PULTE MORTGAGE LLC ($8,599) and K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. ($9,384).

The lowest rate Washington VA lenders (with over 10 loans originated) are North American Savings Bank, F.S.B. (5.38%), BNC National Bank (5.44%), PENNYMAC LOAN SERVICES, LLC (5.54%), MCLEAN MORTGAGE CORPORATION (5.59%) and PENTAGON FEDERAL CREDIT UNION (5.61%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Washington (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 $429,995 (2.0%) $635,658 (1.3%) 1.59 12,355
2018-02-01 $442,000 (2.3%) $648,853 (0.7%) 1.60 12,214
2018-03-01 $464,990 (3.9%) $664,284 (0.8%) 1.63 13,617
2018-04-01 $475,000 (3.3%) $675,264 (1.1%) 1.61 15,527
2018-05-01 $474,950 (2.1%) $676,005 (1.6%) 1.59 16,840
2018-06-01 $475,000 (1.8%) $673,246 (1.9%) 1.58 17,459
2018-07-01 $463,500 (0.8%) $655,427 (0.8%) 1.55 17,899
2018-08-01 $449,950 (0.4%) $636,585 (1.0%) 1.51 17,939
2018-09-01 $449,900 (0.0%) $632,435 (-0.6%) 1.51 18,577
2018-10-01 $449,900 (0.2%) $633,612 (-0.7%) 1.52 18,685
2018-11-01 $444,950 (1.2%) $632,700 (-0.1%) 1.51 17,498
2018-12-01 $434,900 (1.2%) $631,860 (0.1%) 1.50 14,330
2019-01-01 $432,450 (0.6%) $637,531 (0.3%) 1.49 12,141
2019-02-01 $446,750 (1.1%) $654,346 (0.9%) 1.51 11,828
2019-03-01 $462,857 (-0.5%) $670,627 (1.0%) 1.51 12,876
2019-04-01 $479,000 (0.8%) $683,273 (1.2%) 1.52 14,120
2019-05-01 $487,000 (2.5%) $689,187 (2.0%) 1.52 15,296
2019-06-01 $485,000 (2.1%) $685,826 (1.9%) 1.52 15,938
2019-07-01 $475,000 (2.5%) $671,612 (2.5%) 1.49 15,785
2019-08-01 $475,000 (5.6%) $675,848 (6.2%) 1.50 15,554
2019-09-01 $475,000 (5.6%) $684,475 (8.2%) 1.52 15,412
2019-10-01 $475,000 (5.6%) $690,788 (9.0%) 1.53 15,251
2019-11-01 $474,990 (6.8%) $698,042 (10.3%) 1.56 13,853
2019-12-01 $469,925 (8.1%) $707,559 (12.0%) 1.57 10,986
2020-01-01 $466,625 (7.9%) $715,637 (12.3%) 1.56 9,518
2020-02-01 $481,000 (7.7%) $739,602 (13.0%) 1.57 9,263
2020-03-01 $501,870 (8.4%) $762,677 (13.7%) 1.57 9,912
2020-04-01 $499,900 (4.4%) $737,096 (7.9%) 1.57 10,552
2020-05-01 $509,000 (4.5%) $757,241 (9.9%) 1.55 10,595
2020-06-01 $527,250 (8.7%) $782,271 (14.1%) 1.55 9,949
2020-07-01 $527,450 (11.0%) $792,634 (18.0%) 1.53 9,128
2020-08-01 $525,000 (10.5%) $794,895 (17.6%) 1.50 8,806
2020-09-01 $517,000 (8.8%) $788,822 (15.2%) 1.48 9,231
2020-10-01 $499,990 (5.3%) $768,736 (11.3%) 1.43 9,639
2020-11-01 $499,900 (5.2%) $782,155 (12.1%) 1.46 9,128
2020-12-01 $496,245 (5.6%) $795,725 (12.5%) 1.48 7,595
2021-01-01 $485,000 (3.9%) $815,384 (13.9%) 1.45 6,439
2021-02-01 $489,450 (1.8%) $818,161 (10.6%) 1.42 5,879
2021-03-01 $492,500 (-1.9%) $795,499 (4.3%) 1.40 6,509
2021-04-01 $503,750 (0.8%) $793,820 (7.7%) 1.36 7,116
2021-05-01 $514,950 (1.2%) $787,426 (4.0%) 1.37 7,916
2021-06-01 $524,923 (-0.4%) $777,748 (-0.6%) 1.38 9,074
2021-07-01 $510,000 (-3.3%) $749,455 (-5.5%) 1.35 10,153
2021-08-01 $502,495 (-4.3%) $733,715 (-7.7%) 1.34 10,313
2021-09-01 $504,950 (-2.3%) $733,951 (-7.0%) 1.35 10,806
2021-10-01 $505,000 (1.0%) $736,108 (-4.2%) 1.35 10,444
2021-11-01 $501,245 (0.3%) $744,897 (-4.8%) 1.34 8,638
2021-12-01 $499,950 (0.8%) $762,877 (-4.1%) 1.35 6,568
2022-01-01 $500,000 (3.1%) $802,527 (-1.6%) 1.35 5,138
2022-02-01 $527,500 (7.8%) $826,308 (1.0%) 1.37 4,962
2022-03-01 $544,900 (10.6%) $827,874 (4.1%) 1.36 5,427
2022-04-01 $565,000 (12.2%) $821,391 (3.5%) 1.35 6,158
2022-05-01 $585,000 (13.6%) $833,802 (5.9%) 1.34 7,904
2022-06-01 $590,525 (12.5%) $819,878 (5.4%) 1.32 9,266
2022-07-01 $580,000 (13.7%) $801,378 (6.9%) 1.31 10,484
2022-08-01 $570,000 (13.4%) $785,044 (7.0%) 1.32 10,390
2022-09-01 $569,950 (12.9%) $785,014 (7.0%) 1.33 10,492
2022-10-01 $574,000 (13.7%) $794,486 (7.9%) 1.35 10,790
2022-11-01 $565,680 (12.9%) $800,050 (7.4%) 1.36 10,320
2022-12-01 $559,900 (12.0%) $813,943 (6.7%) 1.38 8,230
2023-01-01 $568,498 (13.7%) $842,443 (5.0%) 1.41 6,808
2023-02-01 $584,681 (10.8%) $880,065 (6.5%) 1.41 6,119
2023-03-01 $599,450 (10.0%) $907,750 (9.7%) 1.41 6,199
2023-04-01 $620,000 (9.7%) $936,647 (14.0%) 1.44 6,481
2023-05-01 $639,423 (9.3%) $960,023 (15.1%) 1.45 6,675
2023-06-01 $644,250 (9.1%) $960,218 (17.1%) 1.45 6,835
2023-07-01 $635,000 (9.5%) $935,736 (16.8%) 1.44 7,182
2023-08-01 $615,000 (7.9%) $912,225 (16.2%) 1.41 7,166
2023-09-01 $615,000 (7.9%) $914,848 (16.5%) 1.43 7,960
2023-10-01 $599,995 (4.5%) $913,239 (15.0%) 1.41 8,407
2023-11-01 $598,875 (5.9%) $915,255 (14.4%) 1.43 8,253
2023-12-01 $585,000 (4.5%) $923,869 (13.5%) 1.43 6,987
2024-01-01 $589,860 (3.8%) $950,586 (12.8%) 1.44 5,902
2024-02-01 $599,000 (2.5%) $958,457 (8.9%) 1.44 5,907
2024-03-01 $604,300 (0.8%) $972,046 (7.1%) 1.42 6,335
2024-04-01 $625,000 (0.8%) $970,664 (3.6%) 1.45 7,189
2024-05-01 $639,500 (0.0%) $996,913 (3.8%) 1.45 7,860
2024-06-01 $632,004 (-1.9%) $976,307 (1.7%) 1.42 8,692
Washington's median listing price for 2024-06-01 was $632,004, a difference of $-12,246 (-1.9%) versus the prior year and $-7,496 versus the prior month.

Washington's median listing price comes in at 142% of the national average.

Washington's average listing price for 2024-06-01 was $976,307, a difference of $16,089 (1.7%) versus the prior year and $-20,606 versus the prior month.

For the 2024-06-01 period, Washington had 8,692 MLS listings, a difference of 832 listings (11%) versus the prior month and 1,857 listings (27%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Washington (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 67 days 2,054 sqft
2018-02-01 49 days 2,090 sqft
2018-03-01 33 days 2,116 sqft
2018-04-01 31 days 2,129 sqft
2018-05-01 31 days 2,140 sqft
2018-06-01 37 days 2,256 sqft
2018-07-01 43 days 2,212 sqft
2018-08-01 44 days 2,172 sqft
2018-09-01 45 days 2,137 sqft
2018-10-01 44 days 2,111 sqft
2018-11-01 49 days 2,114 sqft
2018-12-01 59 days 2,133 sqft
2019-01-01 67 days 2,155 sqft
2019-02-01 50 days 2,195 sqft
2019-03-01 38 days 2,261 sqft
2019-04-01 30 days 2,314 sqft
2019-05-01 31 days 2,329 sqft
2019-06-01 37 days 2,340 sqft
2019-07-01 42 days 2,307 sqft
2019-08-01 42 days 2,290 sqft
2019-09-01 40 days 2,268 sqft
2019-10-01 41 days 2,248 sqft
2019-11-01 49 days 2,220 sqft
2019-12-01 62 days 2,200 sqft
2020-01-01 63 days 2,180 sqft
2020-02-01 36 days 2,210 sqft
2020-03-01 27 days 2,248 sqft
2020-04-01 34 days 2,214 sqft
2020-05-01 43 days 2,221 sqft
2020-06-01 35 days 2,207 sqft
2020-07-01 30 days 2,130 sqft
2020-08-01 29 days 2,038 sqft
2020-09-01 25 days 1,932 sqft
2020-10-01 34 days 1,848 sqft
2020-11-01 39 days 1,788 sqft
2020-12-01 46 days 1,744 sqft
2021-01-01 47 days 1,673 sqft
2021-02-01 37 days 1,606 sqft
2021-03-01 30 days 1,673 sqft
2021-04-01 29 days 1,741 sqft
2021-05-01 28 days 1,808 sqft
2021-06-01 28 days 1,820 sqft
2021-07-01 30 days 1,816 sqft
2021-08-01 32 days 1,817 sqft
2021-09-01 33 days 1,786 sqft
2021-10-01 35 days 1,754 sqft
2021-11-01 40 days 1,690 sqft
2021-12-01 47 days 1,666 sqft
2022-01-01 47 days 1,620 sqft
2022-02-01 32 days 1,678 sqft
2022-03-01 26 days 1,750 sqft
2022-04-01 26 days 1,846 sqft
2022-05-01 25 days 1,929 sqft
2022-06-01 27 days 1,964 sqft
2022-07-01 31 days 1,988 sqft
2022-08-01 36 days 1,968 sqft
2022-09-01 39 days 1,935 sqft
2022-10-01 37 days 1,956 sqft
2022-11-01 43 days 1,943 sqft
2022-12-01 54 days 1,913 sqft
2023-01-01 59 days 1,905 sqft
2023-02-01 40 days 1,921 sqft
2023-03-01 34 days 1,960 sqft
2023-04-01 32 days 2,028 sqft
2023-05-01 30 days 2,069 sqft
2023-06-01 32 days 2,080 sqft
2023-07-01 34 days 2,071 sqft
2023-08-01 35 days 2,040 sqft
2023-09-01 35 days 2,022 sqft
2023-10-01 35 days 2,000 sqft
2023-11-01 39 days 1,990 sqft
2023-12-01 50 days 1,955 sqft
2024-01-01 53 days 1,921 sqft
2024-02-01 36 days 1,907 sqft
2024-03-01 31 days 1,906 sqft
2024-04-01 30 days 1,944 sqft
2024-05-01 28 days 1,966 sqft
2024-06-01 29 days 1,965 sqft
Washington's median listing age (time on market) for 2024-06-01 was 29 days. This is -9% shorter than the same period one year ago.

Washington's median square footage for active listings during the 2024-06-01 period was 1,965 sqft. One year prior, the average listing was 2,080 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.