West Palm Beach VA Loan Rates, Closing Costs & Stats

WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    West Palm Beach VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in West Palm Beach averaged 0% for the week of 2025-06-13, compared to the national average (all VA variants) of 6.452% for the same period.

    West Palm Beach's average VA mortgage closing costs are $0.

    The average rate for the prior week (2025-06-06) was 0% and one month ago for the week of 2025-05-09, the average rate was 0%.

    The average rate one year ago was 0%.

    For refis of the same type during the week of 2025-06-13, the average rate was 0%.

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

    West Palm Beach 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 West Palm Beach level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs

    The lowest fee West Palm Beach VA lenders (with over 10 loans originated) are .

    The lowest rate West Palm Beach VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - West Palm Beach (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 $390,000 (4.0%) $877,914 (3.0%) 1.45 46,965
    2018-02-01 $389,950 (3.4%) $876,078 (2.7%) 1.42 48,001
    2018-03-01 $394,900 (3.3%) $877,390 (2.1%) 1.39 48,472
    2018-04-01 $397,250 (3.2%) $878,636 (1.5%) 1.35 48,104
    2018-05-01 $399,000 (2.7%) $878,088 (0.5%) 1.33 47,080
    2018-06-01 $399,000 (3.2%) $876,987 (1.6%) 1.33 46,265
    2018-07-01 $399,000 (2.3%) $872,124 (1.4%) 1.33 45,955
    2018-08-01 $398,750 (2.0%) $864,479 (0.1%) 1.34 45,634
    2018-09-01 $397,500 (1.9%) $863,007 (-0.7%) 1.34 46,079
    2018-10-01 $395,000 (1.4%) $865,304 (0.5%) 1.34 47,542
    2018-11-01 $395,000 (1.3%) $870,084 (0.6%) 1.34 49,388
    2018-12-01 $390,000 (0.0%) $876,936 (1.0%) 1.35 50,362
    2019-01-01 $390,000 (0.0%) $877,276 (-0.1%) 1.35 51,140
    2019-02-01 $390,000 (0.0%) $880,133 (0.5%) 1.32 52,899
    2019-03-01 $393,857 (-0.3%) $880,812 (0.4%) 1.29 52,213
    2019-04-01 $399,000 (0.4%) $886,067 (0.9%) 1.27 50,841
    2019-05-01 $399,900 (0.2%) $894,511 (1.9%) 1.25 49,416
    2019-06-01 $399,995 (0.3%) $888,843 (1.4%) 1.25 47,728
    2019-07-01 $400,000 (0.3%) $884,072 (1.4%) 1.25 46,164
    2019-08-01 $399,727 (0.3%) $881,485 (2.0%) 1.27 45,590
    2019-09-01 $399,318 (0.5%) $884,201 (2.5%) 1.28 45,053
    2019-10-01 $399,295 (1.1%) $890,712 (2.9%) 1.29 44,973
    2019-11-01 $399,900 (1.2%) $914,819 (5.1%) 1.31 45,821
    2019-12-01 $399,900 (2.5%) $928,944 (5.9%) 1.33 45,645
    2020-01-01 $399,125 (2.3%) $936,957 (6.8%) 1.33 44,974
    2020-02-01 $399,900 (2.5%) $942,032 (7.0%) 1.31 45,472
    2020-03-01 $399,950 (1.6%) $943,073 (7.1%) 1.25 45,268
    2020-04-01 $395,000 (-1.0%) $909,506 (2.7%) 1.24 44,431
    2020-05-01 $390,000 (-2.5%) $914,368 (2.2%) 1.19 43,837
    2020-06-01 $399,000 (-0.3%) $928,949 (4.5%) 1.18 42,715
    2020-07-01 $399,450 (-0.1%) $951,341 (7.6%) 1.16 40,287
    2020-08-01 $399,900 (0.0%) $962,154 (9.2%) 1.15 39,107
    2020-09-01 $400,000 (0.2%) $977,464 (10.6%) 1.15 38,035
    2020-10-01 $405,000 (1.4%) $988,909 (11.0%) 1.16 37,485
    2020-11-01 $400,000 (0.0%) $988,818 (8.1%) 1.17 37,077
    2020-12-01 $399,999 (0.0%) $994,325 (7.0%) 1.19 35,995
    2021-01-01 $399,000 (0.0%) $985,980 (5.2%) 1.19 33,468
    2021-02-01 $396,000 (-1.0%) $1,001,301 (6.3%) 1.15 30,512
    2021-03-01 $398,750 (-0.3%) $1,025,276 (8.7%) 1.13 26,860
    2021-04-01 $412,000 (4.3%) $1,061,309 (16.7%) 1.12 24,099
    2021-05-01 $429,000 (10.0%) $1,116,370 (22.1%) 1.14 21,800
    2021-06-01 $449,000 (12.5%) $1,163,849 (25.3%) 1.18 20,633
    2021-07-01 $455,500 (14.0%) $1,159,295 (21.9%) 1.20 20,962
    2021-08-01 $459,500 (14.9%) $1,176,863 (22.3%) 1.23 20,831
    2021-09-01 $467,450 (16.9%) $1,207,975 (23.6%) 1.25 20,298
    2021-10-01 $479,850 (18.5%) $1,260,576 (27.5%) 1.28 19,457
    2021-11-01 $482,500 (20.6%) $1,304,727 (32.0%) 1.29 18,303
    2021-12-01 $492,000 (23.0%) $1,343,447 (35.1%) 1.33 17,026
    2022-01-01 $495,000 (24.1%) $1,399,438 (41.9%) 1.34 15,400
    2022-02-01 $522,450 (31.9%) $1,501,636 (50.0%) 1.36 13,563
    2022-03-01 $544,500 (36.6%) $1,566,457 (52.8%) 1.36 13,063
    2022-04-01 $577,500 (40.2%) $1,616,114 (52.3%) 1.38 12,825
    2022-05-01 $622,000 (45.0%) $1,623,239 (45.4%) 1.42 14,723
    2022-06-01 $625,000 (39.2%) $1,531,062 (31.6%) 1.39 17,323
    2022-07-01 $620,000 (36.1%) $1,432,579 (23.6%) 1.40 21,070
    2022-08-01 $604,250 (31.5%) $1,406,924 (19.6%) 1.40 22,462
    2022-09-01 $599,000 (28.1%) $1,393,945 (15.4%) 1.40 22,559
    2022-10-01 $599,000 (24.8%) $1,407,112 (11.6%) 1.41 23,833
    2022-11-01 $599,000 (24.2%) $1,431,246 (9.7%) 1.44 25,517
    2022-12-01 $595,000 (20.9%) $1,461,330 (8.8%) 1.47 25,912
    2023-01-01 $595,000 (20.2%) $1,473,889 (5.3%) 1.47 25,919
    2023-02-01 $599,000 (14.7%) $1,503,920 (0.2%) 1.45 25,462
    2023-03-01 $599,444 (10.1%) $1,521,207 (-2.9%) 1.41 24,536
    2023-04-01 $605,000 (4.8%) $1,570,111 (-2.9%) 1.41 23,340
    2023-05-01 $607,598 (-2.3%) $1,579,899 (-2.7%) 1.38 22,854
    2023-06-01 $604,848 (-3.2%) $1,548,211 (1.1%) 1.36 22,583
    2023-07-01 $600,995 (-3.1%) $1,497,098 (4.5%) 1.37 22,403
    2023-08-01 $600,000 (-0.7%) $1,468,712 (4.4%) 1.38 22,488
    2023-09-01 $599,000 (0.0%) $1,445,209 (3.7%) 1.39 24,077
    2023-10-01 $598,500 (-0.1%) $1,453,940 (3.3%) 1.41 26,415
    2023-11-01 $594,973 (-0.7%) $1,473,539 (3.0%) 1.42 29,158
    2023-12-01 $579,900 (-2.5%) $1,467,078 (0.4%) 1.41 30,835
    2024-01-01 $564,500 (-5.1%) $1,460,653 (-0.9%) 1.38 32,515
    2024-02-01 $550,000 (-8.2%) $1,417,762 (-5.7%) 1.32 34,971
    2024-03-01 $549,000 (-8.4%) $1,373,035 (-9.7%) 1.29 36,367
    2024-04-01 $540,000 (-10.7%) $1,335,206 (-15.0%) 1.26 36,956
    2024-05-01 $539,450 (-11.2%) $1,319,018 (-16.5%) 1.23 37,421
    2024-06-01 $535,000 (-11.6%) $1,260,339 (-18.6%) 1.22 37,870
    2024-07-01 $535,000 (-11.0%) $1,229,123 (-17.9%) 1.22 38,455
    2024-08-01 $530,000 (-11.7%) $1,208,363 (-17.7%) 1.23 38,724
    2024-09-01 $525,000 (-12.4%) $1,209,341 (-16.3%) 1.24 40,430
    2024-10-01 $525,000 (-12.3%) $1,221,196 (-16.0%) 1.24 41,517
    2024-11-01 $525,000 (-11.8%) $1,247,485 (-15.3%) 1.26 44,007
    2024-12-01 $522,500 (-9.9%) $1,268,493 (-13.5%) 1.30 44,833
    2025-01-01 $520,000 (-7.9%) $1,273,716 (-12.8%) 1.30 45,792
    2025-02-01 $515,000 (-6.4%) $1,264,377 (-10.8%) 1.25 48,691
    2025-03-01 $512,000 (-6.7%) $1,252,135 (-8.8%) 1.21 50,841
    2025-04-01 $510,000 (-5.6%) $1,239,023 (-7.2%) 1.18 51,987
    2025-05-01 $510,000 (-5.5%) $1,219,723 (-7.5%) 1.16 51,901
    West Palm Beach's median listing price for 2025-05-01 was $510,000, a difference of $-29,450 (-5.5%) versus the prior year and $0 versus the prior month.

    West Palm Beach's median listing price comes in at 116% of the national average.

    West Palm Beach's average listing price for 2025-05-01 was $1,219,723, a difference of $-99,295 (-7.5%) versus the prior year and $-19,300 versus the prior month.

    For the 2025-05-01 period, West Palm Beach had 51,901 MLS listings, a difference of -86 listings (0%) versus the prior month and 14,480 listings (39%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - West Palm Beach (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 81 days 1,498 sqft
    2018-02-01 78 days 1,499 sqft
    2018-03-01 72 days 1,500 sqft
    2018-04-01 74 days 1,501 sqft
    2018-05-01 76 days 1,506 sqft
    2018-06-01 79 days 1,515 sqft
    2018-07-01 80 days 1,516 sqft
    2018-08-01 81 days 1,513 sqft
    2018-09-01 81 days 1,510 sqft
    2018-10-01 78 days 1,507 sqft
    2018-11-01 75 days 1,510 sqft
    2018-12-01 79 days 1,507 sqft
    2019-01-01 83 days 1,505 sqft
    2019-02-01 81 days 1,507 sqft
    2019-03-01 79 days 1,512 sqft
    2019-04-01 78 days 1,520 sqft
    2019-05-01 81 days 1,525 sqft
    2019-06-01 85 days 1,527 sqft
    2019-07-01 86 days 1,530 sqft
    2019-08-01 86 days 1,524 sqft
    2019-09-01 86 days 1,515 sqft
    2019-10-01 85 days 1,509 sqft
    2019-11-01 81 days 1,507 sqft
    2019-12-01 84 days 1,500 sqft
    2020-01-01 87 days 1,499 sqft
    2020-02-01 82 days 1,488 sqft
    2020-03-01 74 days 1,485 sqft
    2020-04-01 82 days 1,462 sqft
    2020-05-01 94 days 1,450 sqft
    2020-06-01 103 days 1,437 sqft
    2020-07-01 96 days 1,407 sqft
    2020-08-01 82 days 1,389 sqft
    2020-09-01 81 days 1,381 sqft
    2020-10-01 81 days 1,376 sqft
    2020-11-01 79 days 1,367 sqft
    2020-12-01 81 days 1,357 sqft
    2021-01-01 83 days 1,334 sqft
    2021-02-01 75 days 1,303 sqft
    2021-03-01 64 days 1,293 sqft
    2021-04-01 60 days 1,297 sqft
    2021-05-01 56 days 1,312 sqft
    2021-06-01 53 days 1,341 sqft
    2021-07-01 52 days 1,361 sqft
    2021-08-01 53 days 1,365 sqft
    2021-09-01 54 days 1,368 sqft
    2021-10-01 55 days 1,376 sqft
    2021-11-01 56 days 1,376 sqft
    2021-12-01 58 days 1,366 sqft
    2022-01-01 61 days 1,356 sqft
    2022-02-01 48 days 1,363 sqft
    2022-03-01 40 days 1,387 sqft
    2022-04-01 40 days 1,435 sqft
    2022-05-01 36 days 1,489 sqft
    2022-06-01 37 days 1,500 sqft
    2022-07-01 40 days 1,512 sqft
    2022-08-01 49 days 1,513 sqft
    2022-09-01 57 days 1,513 sqft
    2022-10-01 60 days 1,518 sqft
    2022-11-01 61 days 1,516 sqft
    2022-12-01 66 days 1,500 sqft
    2023-01-01 72 days 1,488 sqft
    2023-02-01 67 days 1,472 sqft
    2023-03-01 60 days 1,460 sqft
    2023-04-01 63 days 1,453 sqft
    2023-05-01 63 days 1,442 sqft
    2023-06-01 62 days 1,442 sqft
    2023-07-01 64 days 1,435 sqft
    2023-08-01 62 days 1,427 sqft
    2023-09-01 58 days 1,418 sqft
    2023-10-01 56 days 1,423 sqft
    2023-11-01 57 days 1,426 sqft
    2023-12-01 61 days 1,407 sqft
    2024-01-01 68 days 1,394 sqft
    2024-02-01 62 days 1,376 sqft
    2024-03-01 58 days 1,363 sqft
    2024-04-01 64 days 1,353 sqft
    2024-05-01 65 days 1,348 sqft
    2024-06-01 68 days 1,348 sqft
    2024-07-01 73 days 1,344 sqft
    2024-08-01 74 days 1,340 sqft
    2024-09-01 73 days 1,335 sqft
    2024-10-01 74 days 1,336 sqft
    2024-11-01 74 days 1,345 sqft
    2024-12-01 79 days 1,333 sqft
    2025-01-01 79 days 1,331 sqft
    2025-02-01 74 days 1,332 sqft
    2025-03-01 67 days 1,332 sqft
    2025-04-01 72 days 1,332 sqft
    2025-05-01 77 days 1,335 sqft
    West Palm Beach's median listing age (time on market) for 2025-05-01 was 77 days. This is 19% longer than the same period one year ago.

    West Palm Beach's median square footage for active listings during the 2025-05-01 period was 1,335 sqft. One year prior, the average listing was 1,348 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.