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 284 lenders originated 17,407 VA loans during 2022. The total origination value was $9,530,505,000, with an average VA loan value of $547,510.

Washington VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Washington averaged 5.89% for the week of 2024-03-01, compared to the national average (all VA variants) of 6.517% for the same period.

Washington's average VA mortgage closing costs are $8,361.

The average rate for the prior week (2024-02-23) was 6.11% and one month ago for the week of 2024-01-26, the average rate was 5.84%.

The average rate one year ago was 5.78%.

For refis of the same type during the week of 2024-03-01, the average rate was 5.09%.

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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Research Center, LLC 1,153 5.04% $11,648
NAVY FEDERAL CREDIT UNION 1,058 3.81% $10,720
QUICKEN LOANS, LLC 916 3.98% $15,108
UNITED WHOLESALE MORTGAGE, LLC 788 4.19% $13,260
FREEDOM MORTGAGE CORPORATION 703 3.99% $14,316
PENNYMAC LOAN SERVICES, LLC 578 3.18% $12,758
MCLEAN MORTGAGE CORPORATION 562 4.28% $18,370
LOANDEPOT.COM, LLC 461 3.58% $12,876
MOVEMENT MORTGAGE, LLC 411 4.50% $12,227
NVR Mortgage Finance, Inc. 389 4.05% $13,934
Atlantic Coast Mortgage, LLC 358 4.42% $16,813
PENTAGON FEDERAL CREDIT UNION 349 3.40% $7,955
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 337 4.81% $13,936
Prosperity Home Mortgage, LLC 328 4.34% $14,854
FIRST HOME MORTGAGE CORPORATION 326 4.53% $16,721
GUARANTEED RATE, INC. 313 4.36% $12,200
CALIBER HOME LOANS, INC. 307 4.28% $14,976
EMBRACE HOME LOANS, INC. 276 4.31% $14,658
First Heritage Mortgage, LLC 273 4.60% $18,711
USAA Federal Savings Bank 270 4.44% $13,404
George Mason Mortgage, LLC 246 3.77% $15,226
INTERCOASTAL MORTGAGE COMPANY 236 4.30% $16,842
The Federal Savings Bank 227 4.61% $17,724
CMG MORTGAGE, INC. 202 4.85% $14,266
EAGLE HOME MORTGAGE, LLC 185 4.86% $8,610
NEW DAY FINANCIAL, LLC 182 4.80% $16,819
NFM, INC. 181 4.71% $13,704
FIRST SAVINGS MORTGAGE CORPORATION 178 4.40% $16,950
Towne Bank 167 4.18% $12,994
HOME POINT FINANCIAL CORPORATION 163 3.80% $13,441
Mr. Cooper ( Nationstar Mortgage ) 144 4.39% $13,970
Wells Fargo Bank 139 3.96% $8,737
DRAPER AND KRAMER MORTGAGE CORP. 134 4.31% $14,514
GUARANTEED RATE AFFINITY, LLC 115 4.46% $12,418
Vellum Mortgage, Inc. 113 4.53% $15,568
CROSSCOUNTRY MORTGAGE, LLC 108 4.91% $17,306
AMERISAVE MORTGAGE CORPORATION 105 4.13% $14,693
JAMS-01, INC. 104 4.53% $17,157
NEWREZ LLC 92 4.00% $12,895
DHI MORTGAGE COMPANY, LTD. 90 3.91% $11,661
HOMESIDE FINANCIAL, LLC 86 4.54% $14,221
LAKEVIEW LOAN SERVICING, LLC 81 3.35% $6,203
HOMESPIRE MORTGAGE CORPORATION 75 4.20% $16,308
CLEARPATH LENDING 74 3.65% $15,973
Truist 68 3.97% $9,564
Integrity Home Mortgage Corp 61 4.68% $13,706
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 59 4.93% $14,306
Presidential Bank, FSB 55 4.73% $17,643
North American Savings Bank, F.S.B. 55 3.93% $13,662
PULTE MORTGAGE LLC 54 4.45% $9,946
Flagstar Bank, FSB 52 3.98% $15,067
Carrington Mortgage Services, LLC 52 4.34% $13,577
CARDINAL FINANCIAL 51 4.64% $17,804
Strong Home Mortgage, LLC 51 3.58% $11,656
Ameris Bank 50 4.40% $17,012
NBKC BANK 48 3.96% $10,484
HOMEAMERICAN MORTGAGE CORPORATION 47 4.07% $9,836
Paramount Residential Mortgage Group, Inc. 46 4.79% $14,792
BAY EQUITY LLC 45 5.31% $10,930
HOMEBRIDGE FINANCIAL SERVICES, INC. 45 4.30% $13,759
M&T Bank 43 3.72% $10,324
UNION HOME MORTGAGE CORP. 42 4.05% $12,447
SWBC MORTGAGE CORPORATION 40 4.52% $12,202
PRIMELENDING, A PLAINSCAPITAL COMPANY 40 4.57% $12,866
BROKER SOLUTIONS, INC. 39 4.82% $14,429
MUTUAL OF OMAHA MORTGAGE, INC. 38 4.13% $10,398
Armed Forces Bank 38 4.34% $13,892
Waterstone Mortgage Corporation 37 4.79% $18,121
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 36 4.45% $21,663
THE MORTGAGE LINK, INC. 35 4.22% $13,936
PLANET HOME LENDING, LLC 35 4.12% $13,225
FIRST EQUITY MORTGAGE INCORPORATED 34 4.15% $11,015
Barrington Bank & Trust Company, N.A. 34 4.48% $10,005
BAY CAPITAL MORTGAGE CORPORATION 33 4.52% $12,408
Century Mortgage Company DBA Century Lending Company 33 4.32% $14,635
Hometown Lenders, Inc. 33 4.48% $14,516
BNC National Bank 33 3.66% $13,665
U.S. Bank 33 4.26% $10,868
NETWORK CAPITAL FUNDING CORPORATION 32 3.24% $11,131
Magnolia Bank 31 4.15% $17,429
Plains Commerce Bank 31 4.54% $12,945
VILLAGE CAPITAL MORTGAGE 30 3.37% $13,501
ARK-LA-TEX FINANCIAL SERVICES, LLC. 30 4.31% $11,134
Alcova Mortgage LLC 29 4.62% $12,052
FINANCE OF AMERICA MORTGAGE LLC 29 4.29% $12,605
DAS Acquisition Company, LLC 29 4.94% $12,266
PRIMARY RESIDENTIAL MORTGAGE, INC. 28 4.71% $15,606
Sandy Spring Bank 28 4.91% $14,620
Mid-Continent Funding, Inc. 27 4.56% $11,646
Lakeview Community Capital, LLC 27 3.66% $6,463
Meridian Bank Corporation 26 4.13% $10,478
The Freedom Bank of Virginia 25 4.15% $11,445
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 25 4.76% $16,303
Northpointe Bank 25 4.31% $15,056
SOUTHERN TRUST MORTGAGE, LLC 24 4.72% $15,718
Wyndham Capital Mortgage, Inc. 22 3.70% $16,103
LOANPAL, LLC 22 3.89% $17,704
EMM LOANS LLC 21 4.96% $13,197
INTERLINC MORTGAGE SERVICES, LLC 21 4.62% $11,698
MORTGAGE ACCESS CORP. 20 4.50% $15,526
Capital Bank 20 3.76% $18,751
Equity Prime Mortgage LLC 20 5.26% $16,041
CHURCHILL MORTGAGE CORPORATION 20 4.94% $14,805
JET HOMELOANS, LLC 19 5.07% $9,391
CAPITAL CENTER, L.L.C. 19 4.07% $6,947
EagleBank 19 4.16% $18,913
SOVEREIGN LENDING GROUP INCORPORATED 18 4.15% $17,719
SUN WEST MORTGAGE COMPANY, INC. 18 4.39% $14,208
SECURITYNATIONAL MORTGAGE COMPANY 17 4.74% $15,166
Atlantic Union Bank 17 4.69% $10,856
First Federal Bank 16 4.67% $14,595
Nations Lending Corporation 16 4.62% $16,002
APEX HOME LOANS, INC. 15 4.27% $15,086
GUILD MORTGAGE COMPANY 15 4.83% $10,567
CONTOUR MORTGAGE CORPORATION 15 4.23% $17,671
WesBanco 15 4.61% $14,473
TBI MORTGAGE COMPANY 15 4.27% $21,376
First Mortgage Solutions, LLC 15 3.19% $16,041
TJC Mortgage, Inc. 15 3.65% $10,600
MANN FINANCIAL INC. 14 4.32% $14,399
ARC HOME LLC 14 4.08% $18,134
GoPrime Mortgage, Inc. 14 4.66% $13,222
AMERICAN PACIFIC MORTGAGE CORPORATION 14 4.83% $17,870
Blue Ridge Bank 13 4.88% $11,140
Sunflower Bank 13 3.49% $12,670
JPMorgan Chase Bank 13 4.63% $14,335
RELIANCE FIRST CAPITAL, LLC 13 4.70% $11,799
MILEND, INC. 12 5.39% $16,004
CBM Mortgage, Inc. 12 4.25% $13,806
FIDELITY DIRECT MORTGAGE, LLC 12 4.54% $23,407
Shore United Bank 12 3.91% $21,965
Encompass Lending Group, LP 12 4.52% $17,061
Princeton Mortgage Corporation 12 4.30% $17,335
ACADEMY MORTGAGE CORPORATION 12 3.86% $14,119
DIRECT MORTGAGE LOANS, LLC 12 5.23% $11,190
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 12 4.68% $11,380
1ST PREFERENCE MORTGAGE CORP. 11 3.97% $20,111
The Central Trust Bank 11 4.01% $12,279
AMERICAN FINANCING CORPORATION 11 4.06% $12,644
Low VA Rates, LLC 11 4.49% $21,220
Sierra Pacific Mortgage Company, Inc. 10 4.25% $7,118
SUCCESS MORTGAGE PARTNERS, INC. 10 4.45% $12,351
Citizens Bank 10 4.13% $14,089
TIDEWATER MORTGAGE SERVICES, INC. 10 4.35% $15,260
MISSION MORTGAGE LLC 10 4.46% $20,181
PREMIA MORTGAGE, LLC 9 4.17% $10,452
MY MORTGAGE, INC. 9 4.78% $24,061
NATIONS DIRECT MORTGAGE, LLC 9 5.08% $13,071
NP, Inc. 9 3.93% $6,332
ROUNDPOINT MORTGAGE SERVICING CORPORATION 9 3.86% $15,778
West Town Bank & Trust 8 5.14% $14,999
BAYSHORE MORTGAGE FUNDING, LLC 8 5.38% $13,940
CityWorth Mortgage LLC 8 3.84% $14,709
American Security Mortgage Corp. 8 3.48% $16,469
MORTGAGE SOLUTIONS OF COLORADO, LLC 8 5.61% $18,574
First Guaranty Mortgage Corporation 7 3.34% $9,029
ENVOY MORTGAGE, LTD 7 4.32% $8,008
RESIDENTIAL BANCORP 7 4.39% $14,397
NBH Bank 7 4.30% $17,456
Summit Mortgage Corporation 7 4.29% $18,926
Shea Mortgage Inc. 7 4.55% $5,840
OVM FINANCIAL, INC. 7 3.98% $14,897
JOHNSON MORTGAGE COMPANY, L.L.C. 7 4.77% $20,095
EVERETT FINANCIAL, INC. 7 3.82% $9,052
CHERRY CREEK MORTGAGE, LLC 7 4.79% $8,715
PNC Bank 6 3.77% $11,319
First Home Bank 6 4.48% $16,738
NexBank 6 3.85% $11,872
NORTHERN MORTGAGE SERVICES, LLC 6 4.17% $17,689
Community First National Bank 6 3.96% $10,791
GSF Mortgage Corporation 6 5.17% $19,580
Credence Funding Corporation 6 2.77% $5,288
1ST FINANCIAL, INC. 6 4.17% $17,284
C & F Mortgage Corporation 6 4.38% $9,718
Bank of America 5 4.48% $17,956
EQUITY RESOURCES, INC. 5 4.90% $6,625
T2 FINANCIAL LLC 5 5.50% $7,415
MDE Home Loans, LLC 5 4.13% $23,779
Christensen Financial, Inc. 4 4.88% $18,799
Prime Choice Funding Inc. 4 2.94% $8,422
CREDIT UNION MORTGAGE ASSOCIATION, INC. 4 4.47% $6,866
CORNERSTONE HOME LENDING, INC. 4 4.38% $8,279
MORTGAGEONE, INC. 4 4.75% $13,648
Mutual Federal Bank 4 4.81% $13,853
Virginia Credit Union, Inc. 4 4.34% $8,971
TD Bank 4 5.56% $12,230
NATIONWIDE MORTGAGE BANKERS, INC. 4 4.94% $30,450
Fulton Bank 4 3.03% $21,869
CERTAINTY HOME LOANS, LLC 4 5.69% $18,389
Northwest Federal Credit Union 4 5.09% $13,248
Ixonia Bank 4 4.63% $17,870
Watermark Capital, Inc. 4 4.44% $6,211
Service Federal Credit Union 4 4.53% $7,616
HomePromise Corporation 3 5.42% $20,638
TOWNE MORTGAGE COMPANY 3 2.88% $5,257
PHH Mortgage Corporation 3 4.17% $23,118
MILLENNIUM FINANCIAL GROUP, INC. 3 3.92% $20,112
Citibank 3 3.63% $11,959
AmRes Corporation 3 4.67% $8,557
OCMBC, INC. 3 6.29% $23,916
UNIVERSAL MORTGAGE & FINANCE, INC. 3 6.25% $14,040
Cornerstone First Mortgage, Inc 3 4.83% $11,095
ROSS MORTGAGE CORPORATION 3 4.42% $22,549
ZILLOW HOME LOANS, LLC 3 4.00% $6,032
MID AMERICA MORTGAGE, INC. 3 3.33% $5,319
PREMIER MORTGAGE RESOURCES, L.L.C. 3 6.17% $16,688
KELLER MORTGAGE, LLC 3 4.96% $13,912
LIBERTY HOME MORTGAGE CORPORATION 3 4.08% $17,303
Goldwater Bank, N.A. 3 3.33% $14,090
First National Bank of Pennsylvania 3 4.88% $23,970
Texana Bank 3 3.25% $22,538
Capital City Home Loans, LLC 2 3.50% $14,129
Member Options, LLC 2 5.06% $11,046
MICHIGAN MUTUAL, INC. 2 3.06% $7,437
INTERCAP LENDING INC. 2 2.81% $3,430
MLD MORTGAGE INC. 2 3.69% $3,946
GENEVA FINANCIAL, LLC 2 4.13% $20,385
NASA Federal Credit Union 2 2.81% $12,030
Florida Capital Bank 2 3.94% $14,892
First Option Mortgage, LLC 2 5.63% $14,631
Paramount Bank 2 2.88% $2,694
First Federal Bank of Kansas City 2 4.63% $9,369
FirstBank 2 4.25% $16,015
PLAZA HOME MORTGAGE, INC. 2 5.81% $12,059
Congressional Bank 2 3.56% $26,680
STOCKTON MORTGAGE CORPORATION 2 3.75% $17,697
SUMMIT FUNDING, INC. 2 5.00% $17,595
CALCON MUTUAL MORTGAGE LLC 2 6.13% $8,617
The Huntington National Bank 2 3.19% $12,903
Assurance Financial Group, L.L.C. 2 5.00% $22,822
Amerifirst Financial, Inc. 2 3.44% $9,259
AMERIFIRST FINANCIAL CORPORATION 2 6.00% $12,687
LADERA LENDING, INC. 1 3.00% $2,850
SeaTrust Mortgage Company 1 4.25% $17,609
Fifth Third Bank 1 2.75% $804
Peoples Bank 1 4.75% $16,623
FIRST ALLIANCE HOME MORTGAGE, LLC 1 6.50% $13,728
Commerce Home Mortgage, Inc. 1 2.88% $9,228
Colonial Savings, F.A. 1 4.25% $10,399
OPEN MORTGAGE, LLC 1 4.25% $6,077
ABSOLUTE HOME MORTGAGE CORPORATION 1 4.75% $14,447
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 1 6.88% $3,661
AMERICAN BANCSHARES MORTGAGE 1 4.75% $15,424
NORWICH COMMERCIAL GROUP, INC. 1 6.25% $4,503
First Internet Bank of Indiana 1 3.38% $14,276
Advance Financial Group, LLC 1 4.75% $10,077
NEW FED MORTGAGE, CORP. 1 2.50% $1,995
First United Bank and Trust Company 1 3.38% $3,318
F & M BANK CORP. 1 5.63% $25,987
Cedar Point Federal Credit Union 1 4.63% $39,570
Gateway First Bank 1 5.25% $4,319
LEADERONE FINANCIAL CORPORATION 1 4.50% $24,752
Wilmington Savings Fund Society, FSB 1 3.50% $14,141
HAMILTON HOME LOANS, INC. 1 4.25% $3,731
TEXAS TECH 1 6.00% $8,389
Academy Bank 1 4.50% $13,004
BLUELEAF LENDING, LLC 1 4.75% $14,058
Hawthorn Bank 1 4.63% $13,298
LANGLEY 1 6.25% $14,554
MORTGAGE EQUITY PARTNERS LLC 1 5.50% $17,010
THRIVE MORTGAGE, LLC 1 2.75% $2,116
Aurora Financial, LLC 1 2.50% $2,021
LENOX FINANCIAL MORTGAGE CORPORATION 1 3.75% $5,093
ANGEL OAK HOME LOANS LLC 1 3.25% $18,406
HOMESTAR FINANCIAL CORPORATION 1 5.25% $16,046
Towne Mortgage, LLC 1 5.25% $18,837
HOMESTEAD FUNDING CORP. 1 3.50% $5,136
LOANFLIGHT LENDING, LLC 1 2.75% $3,438
LOANLEADERS OF AMERICA, INC. 1 6.88% $9,706
MIDLAND MORTGAGE CORPORATION 1 4.50% $13,291
MEMBERS 1ST FEDERAL CREDIT UNION 1 5.25% $4,266
American Mortgage & Equity Consultants, Inc. 1 5.25% $11,372
VAN DYK MORTGAGE CORPORATION 1 4.63% $15,247
AMERICAN INTERNET MORTGAGE, INC. 1 3.88% $17,837
AMERICAN FINANCIAL RESOURCES, INC. 1 5.25% $6,974
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 1 6.25% $42,673
RAPID MORTGAGE COMPANY 1 5.63% $13,145
Quik Fund, Inc 1 6.63% $5,449
Dollar Bank, Federal Savings Bank 1 3.25% $15,113
RESIDENTIAL HOME FUNDING CORP. 1 3.25% $4,942
Residential Mortgage Solutions, Inc. 1 3.75% $17,618
POLARIS HOME FUNDING CORP. 1 4.50% $25,911
FEDERATED MORTGAGE CORP. 1 2.25% $2,820
S1L, Inc. 1 6.75% $5,261

The top Washington VA lender as defined by loan originations is Mortgage Research Center, LLC, with 1,153 VA loans originated. Their average total fees are $11,648, which is $927 higher than the next largest lender, NAVY FEDERAL CREDIT UNION.

The lowest fee Washington VA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC ($6,203), Lakeview Community Capital, LLC ($6,463), CAPITAL CENTER, L.L.C. ($6,947), Sierra Pacific Mortgage Company, Inc. ($7,118) and PENTAGON FEDERAL CREDIT UNION ($7,955).

The lowest rate Washington VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (3.18%), First Mortgage Solutions, LLC (3.19%), NETWORK CAPITAL FUNDING CORPORATION (3.24%), LAKEVIEW LOAN SERVICING, LLC (3.35%) and VILLAGE CAPITAL MORTGAGE (3.37%).


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
Washington's median listing price for 2024-01-01 was $589,860, a difference of $21,362 (3.8%) versus the prior year and $4,860 versus the prior month.

Washington's median listing price comes in at 144% of the national average.

Washington's average listing price for 2024-01-01 was $950,586, a difference of $108,143 (12.8%) versus the prior year and $26,717 versus the prior month.

For the 2024-01-01 period, Washington had 5,902 MLS listings, a difference of -1,085 listings (-16%) versus the prior month and -906 listings (-13%) 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
Washington's median listing age (time on market) for 2024-01-01 was 53 days. This is -10% shorter than the same period one year ago.

Washington's median square footage for active listings during the 2024-01-01 period was 1,921 sqft. One year prior, the average listing was 1,905 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.