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
6.63%
for the week of 2025-02-14, compared to the national average (all VA variants) of
6.428% for the same period.
Washington's average VA mortgage closing costs are $8,695.
The average rate for the prior week (2025-02-07) was
6.47% and
one month ago for the week of 2025-01-10, the
average rate was 6.7%.
The average rate one year ago was 6.13%.
For refis of the same type during the week of 2025-02-14, the average rate
was 6.5%.
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.
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 | $435,225 (2.4%) | $644,491 (1.2%) | 1.59 | 11,827 |
| 2018-02-01 | $444,950 (1.7%) | $658,431 (0.7%) | 1.60 | 11,681 |
| 2018-03-01 | $469,900 (3.9%) | $673,342 (0.6%) | 1.63 | 13,052 |
| 2018-04-01 | $479,900 (2.1%) | $684,476 (1.0%) | 1.61 | 14,910 |
| 2018-05-01 | $479,450 (1.0%) | $684,752 (1.4%) | 1.59 | 16,169 |
| 2018-06-01 | $479,885 (1.1%) | $682,093 (1.8%) | 1.58 | 16,758 |
| 2018-07-01 | $467,978 (0.6%) | $663,549 (0.7%) | 1.55 | 17,168 |
| 2018-08-01 | $454,500 (1.0%) | $643,979 (0.8%) | 1.51 | 17,205 |
| 2018-09-01 | $450,000 (0.0%) | $639,126 (-0.8%) | 1.51 | 17,884 |
| 2018-10-01 | $450,000 (0.0%) | $640,689 (-0.7%) | 1.52 | 17,981 |
| 2018-11-01 | $449,450 (1.0%) | $639,860 (-0.2%) | 1.51 | 16,841 |
| 2018-12-01 | $439,000 (0.9%) | $639,627 (0.0%) | 1.50 | 13,743 |
| 2019-01-01 | $438,945 (0.9%) | $645,751 (0.2%) | 1.49 | 11,628 |
| 2019-02-01 | $449,900 (1.1%) | $663,156 (0.7%) | 1.51 | 11,337 |
| 2019-03-01 | $471,429 (0.3%) | $678,933 (0.8%) | 1.51 | 12,375 |
| 2019-04-01 | $486,495 (1.4%) | $690,901 (0.9%) | 1.52 | 13,613 |
| 2019-05-01 | $493,950 (3.0%) | $697,353 (1.8%) | 1.52 | 14,703 |
| 2019-06-01 | $490,200 (2.2%) | $694,071 (1.8%) | 1.52 | 15,316 |
| 2019-07-01 | $479,450 (2.5%) | $678,869 (2.3%) | 1.49 | 15,187 |
| 2019-08-01 | $479,245 (5.4%) | $682,743 (6.0%) | 1.50 | 14,971 |
| 2019-09-01 | $479,614 (6.6%) | $691,206 (8.2%) | 1.52 | 14,847 |
| 2019-10-01 | $479,859 (6.6%) | $697,673 (8.9%) | 1.53 | 14,702 |
| 2019-11-01 | $478,850 (6.5%) | $706,293 (10.4%) | 1.56 | 13,336 |
| 2019-12-01 | $474,950 (8.2%) | $716,680 (12.1%) | 1.57 | 10,549 |
| 2020-01-01 | $469,970 (7.1%) | $725,482 (12.4%) | 1.56 | 9,131 |
| 2020-02-01 | $489,900 (8.9%) | $750,004 (13.1%) | 1.57 | 8,914 |
| 2020-03-01 | $512,490 (8.7%) | $772,672 (13.8%) | 1.57 | 9,552 |
| 2020-04-01 | $502,447 (3.3%) | $745,422 (7.9%) | 1.57 | 10,190 |
| 2020-05-01 | $515,000 (4.3%) | $765,916 (9.8%) | 1.55 | 10,233 |
| 2020-06-01 | $532,500 (8.6%) | $791,619 (14.1%) | 1.55 | 9,639 |
| 2020-07-01 | $534,500 (11.5%) | $803,118 (18.3%) | 1.53 | 8,843 |
| 2020-08-01 | $529,000 (10.4%) | $803,111 (17.6%) | 1.50 | 8,579 |
| 2020-09-01 | $520,970 (8.6%) | $795,796 (15.1%) | 1.48 | 9,015 |
| 2020-10-01 | $502,500 (4.7%) | $775,575 (11.2%) | 1.43 | 9,420 |
| 2020-11-01 | $499,950 (4.4%) | $789,457 (11.8%) | 1.46 | 8,930 |
| 2020-12-01 | $499,450 (5.2%) | $803,888 (12.2%) | 1.48 | 7,418 |
| 2021-01-01 | $489,900 (4.2%) | $824,384 (13.6%) | 1.45 | 6,292 |
| 2021-02-01 | $492,500 (0.5%) | $827,139 (10.3%) | 1.42 | 5,748 |
| 2021-03-01 | $494,950 (-3.4%) | $802,145 (3.8%) | 1.40 | 6,377 |
| 2021-04-01 | $506,360 (0.8%) | $800,084 (7.3%) | 1.36 | 6,989 |
| 2021-05-01 | $519,900 (1.0%) | $793,117 (3.6%) | 1.37 | 7,762 |
| 2021-06-01 | $525,000 (-1.4%) | $783,345 (-1.1%) | 1.38 | 8,897 |
| 2021-07-01 | $515,000 (-3.7%) | $754,978 (-6.0%) | 1.35 | 9,966 |
| 2021-08-01 | $507,950 (-4.0%) | $738,410 (-8.1%) | 1.34 | 10,098 |
| 2021-09-01 | $512,450 (-1.6%) | $738,626 (-7.2%) | 1.35 | 10,584 |
| 2021-10-01 | $509,900 (1.5%) | $741,017 (-4.5%) | 1.35 | 10,241 |
| 2021-11-01 | $504,295 (0.9%) | $750,270 (-5.0%) | 1.34 | 8,471 |
| 2021-12-01 | $502,500 (0.6%) | $769,037 (-4.3%) | 1.35 | 6,438 |
| 2022-01-01 | $505,000 (3.1%) | $810,995 (-1.6%) | 1.35 | 5,029 |
| 2022-02-01 | $529,995 (7.6%) | $833,837 (0.8%) | 1.37 | 4,865 |
| 2022-03-01 | $547,448 (10.6%) | $833,481 (3.9%) | 1.36 | 5,337 |
| 2022-04-01 | $569,900 (12.6%) | $827,130 (3.4%) | 1.35 | 6,050 |
| 2022-05-01 | $589,450 (13.4%) | $839,605 (5.9%) | 1.34 | 7,728 |
| 2022-06-01 | $595,000 (13.3%) | $824,696 (5.3%) | 1.32 | 9,056 |
| 2022-07-01 | $585,000 (13.6%) | $806,604 (6.8%) | 1.31 | 10,252 |
| 2022-08-01 | $574,900 (13.2%) | $789,631 (6.9%) | 1.32 | 10,170 |
| 2022-09-01 | $572,125 (11.7%) | $789,502 (6.9%) | 1.33 | 10,283 |
| 2022-10-01 | $574,999 (12.8%) | $799,529 (7.9%) | 1.35 | 10,548 |
| 2022-11-01 | $569,498 (12.9%) | $805,927 (7.4%) | 1.36 | 10,063 |
| 2022-12-01 | $564,990 (12.4%) | $820,859 (6.7%) | 1.38 | 8,015 |
| 2023-01-01 | $572,444 (13.4%) | $849,318 (4.7%) | 1.41 | 6,630 |
| 2023-02-01 | $587,500 (10.9%) | $887,088 (6.4%) | 1.41 | 5,967 |
| 2023-03-01 | $599,945 (9.6%) | $913,946 (9.7%) | 1.41 | 6,049 |
| 2023-04-01 | $625,000 (9.7%) | $944,727 (14.2%) | 1.44 | 6,349 |
| 2023-05-01 | $642,500 (9.0%) | $966,947 (15.2%) | 1.45 | 6,527 |
| 2023-06-01 | $648,250 (9.0%) | $963,922 (16.9%) | 1.45 | 6,680 |
| 2023-07-01 | $639,500 (9.3%) | $938,537 (16.4%) | 1.44 | 7,022 |
| 2023-08-01 | $619,450 (7.8%) | $916,106 (16.0%) | 1.41 | 7,000 |
| 2023-09-01 | $619,000 (8.2%) | $919,504 (16.5%) | 1.43 | 7,785 |
| 2023-10-01 | $604,500 (5.1%) | $918,403 (14.9%) | 1.41 | 8,223 |
| 2023-11-01 | $599,450 (5.3%) | $920,699 (14.2%) | 1.43 | 8,066 |
| 2023-12-01 | $589,000 (4.3%) | $929,381 (13.2%) | 1.43 | 6,816 |
| 2024-01-01 | $593,950 (3.8%) | $956,513 (12.6%) | 1.44 | 5,759 |
| 2024-02-01 | $599,900 (2.1%) | $964,103 (8.7%) | 1.44 | 5,780 |
| 2024-03-01 | $610,000 (1.7%) | $976,867 (6.9%) | 1.42 | 6,199 |
| 2024-04-01 | $626,721 (0.3%) | $974,975 (3.2%) | 1.45 | 7,048 |
| 2024-05-01 | $639,058 (-0.5%) | $989,792 (2.4%) | 1.45 | 7,692 |
| 2024-06-01 | $634,970 (-2.1%) | $954,952 (-0.9%) | 1.42 | 8,469 |
| 2024-07-01 | $617,423 (-3.5%) | $947,774 (1.0%) | 1.40 | 8,736 |
| 2024-08-01 | $599,900 (-3.2%) | $910,984 (-0.6%) | 1.40 | 8,683 |
| 2024-09-01 | $600,000 (-3.1%) | $906,792 (-1.4%) | 1.41 | 9,597 |
| 2024-10-01 | $599,900 (-0.8%) | $893,940 (-2.7%) | 1.41 | 10,388 |
| 2024-11-01 | $589,000 (-1.7%) | $888,371 (-3.5%) | 1.40 | 10,086 |
| 2024-12-01 | $577,400 (-2.0%) | $898,773 (-3.3%) | 1.42 | 8,198 |
| 2025-01-01 | $577,000 (-2.9%) | $898,950 (-6.0%) | 0.00 | 7,825 |
Washington's median listing price comes in at 0% of the national average.
Washington's average listing price for 2025-01-01 was $898,950, a difference of $-57,563 (-6.0%) versus the prior year and $177 versus the prior month.
For the 2025-01-01 period, Washington had 7,825 MLS listings, a difference of -373 listings (-5%) versus the prior month and 2,066 listings (36%) 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 | 2,053 sqft |
| 2018-02-01 | 49 days | 2,092 sqft |
| 2018-03-01 | 33 days | 2,120 sqft |
| 2018-04-01 | 31 days | 2,138 sqft |
| 2018-05-01 | 31 days | 2,145 sqft |
| 2018-06-01 | 37 days | 2,256 sqft |
| 2018-07-01 | 43 days | 2,211 sqft |
| 2018-08-01 | 44 days | 2,167 sqft |
| 2018-09-01 | 45 days | 2,130 sqft |
| 2018-10-01 | 44 days | 2,106 sqft |
| 2018-11-01 | 49 days | 2,105 sqft |
| 2018-12-01 | 59 days | 2,128 sqft |
| 2019-01-01 | 67 days | 2,152 sqft |
| 2019-02-01 | 50 days | 2,195 sqft |
| 2019-03-01 | 38 days | 2,262 sqft |
| 2019-04-01 | 30 days | 2,317 sqft |
| 2019-05-01 | 31 days | 2,332 sqft |
| 2019-06-01 | 37 days | 2,340 sqft |
| 2019-07-01 | 42 days | 2,302 sqft |
| 2019-08-01 | 42 days | 2,286 sqft |
| 2019-09-01 | 40 days | 2,264 sqft |
| 2019-10-01 | 41 days | 2,244 sqft |
| 2019-11-01 | 49 days | 2,214 sqft |
| 2019-12-01 | 62 days | 2,198 sqft |
| 2020-01-01 | 63 days | 2,170 sqft |
| 2020-02-01 | 36 days | 2,206 sqft |
| 2020-03-01 | 27 days | 2,244 sqft |
| 2020-04-01 | 34 days | 2,202 sqft |
| 2020-05-01 | 43 days | 2,215 sqft |
| 2020-06-01 | 35 days | 2,200 sqft |
| 2020-07-01 | 30 days | 2,123 sqft |
| 2020-08-01 | 29 days | 2,027 sqft |
| 2020-09-01 | 25 days | 1,924 sqft |
| 2020-10-01 | 34 days | 1,840 sqft |
| 2020-11-01 | 39 days | 1,776 sqft |
| 2020-12-01 | 46 days | 1,733 sqft |
| 2021-01-01 | 47 days | 1,664 sqft |
| 2021-02-01 | 37 days | 1,598 sqft |
| 2021-03-01 | 30 days | 1,659 sqft |
| 2021-04-01 | 29 days | 1,730 sqft |
| 2021-05-01 | 28 days | 1,800 sqft |
| 2021-06-01 | 28 days | 1,812 sqft |
| 2021-07-01 | 30 days | 1,810 sqft |
| 2021-08-01 | 32 days | 1,808 sqft |
| 2021-09-01 | 33 days | 1,778 sqft |
| 2021-10-01 | 35 days | 1,746 sqft |
| 2021-11-01 | 40 days | 1,679 sqft |
| 2021-12-01 | 47 days | 1,659 sqft |
| 2022-01-01 | 47 days | 1,620 sqft |
| 2022-02-01 | 32 days | 1,675 sqft |
| 2022-03-01 | 26 days | 1,746 sqft |
| 2022-04-01 | 26 days | 1,843 sqft |
| 2022-05-01 | 25 days | 1,923 sqft |
| 2022-06-01 | 27 days | 1,956 sqft |
| 2022-07-01 | 31 days | 1,976 sqft |
| 2022-08-01 | 36 days | 1,960 sqft |
| 2022-09-01 | 39 days | 1,929 sqft |
| 2022-10-01 | 37 days | 1,946 sqft |
| 2022-11-01 | 43 days | 1,933 sqft |
| 2022-12-01 | 54 days | 1,901 sqft |
| 2023-01-01 | 59 days | 1,897 sqft |
| 2023-02-01 | 40 days | 1,917 sqft |
| 2023-03-01 | 34 days | 1,955 sqft |
| 2023-04-01 | 32 days | 2,026 sqft |
| 2023-05-01 | 30 days | 2,065 sqft |
| 2023-06-01 | 32 days | 2,072 sqft |
| 2023-07-01 | 34 days | 2,064 sqft |
| 2023-08-01 | 35 days | 2,032 sqft |
| 2023-09-01 | 35 days | 2,016 sqft |
| 2023-10-01 | 35 days | 1,993 sqft |
| 2023-11-01 | 39 days | 1,980 sqft |
| 2023-12-01 | 50 days | 1,940 sqft |
| 2024-01-01 | 53 days | 1,906 sqft |
| 2024-02-01 | 36 days | 1,896 sqft |
| 2024-03-01 | 31 days | 1,888 sqft |
| 2024-04-01 | 30 days | 1,926 sqft |
| 2024-05-01 | 28 days | 1,957 sqft |
| 2024-06-01 | 29 days | 1,953 sqft |
| 2024-07-01 | 36 days | 1,938 sqft |
| 2024-08-01 | 37 days | 1,906 sqft |
| 2024-09-01 | 36 days | 1,913 sqft |
| 2024-10-01 | 34 days | 1,894 sqft |
| 2024-11-01 | 40 days | 1,855 sqft |
| 2024-12-01 | 50 days | 1,810 sqft |
| 2025-01-01 | 0 days | 1,803 sqft |
Washington's median square footage for active listings during the 2025-01-01 period was 1,803 sqft. One year prior, the average listing was 1,906 sqft.