Williston VA Loan Rates, Closing Costs & Stats

Williston, ND

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    • 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.

    Williston's 16 lenders originated 34 VA loans during 2023. The total origination value was $11,490,000, with an average VA loan value of $337,941.

    Williston VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Williston averaged 0.3% for the week of 2024-11-15, compared to the national average (all VA variants) of 0% for the same period.

    Williston's average VA mortgage closing costs are $6,332.

    The average rate for the prior week (2024-11-08) was 6.51% and one month ago for the week of 2024-10-11, the average rate was 6.28%.

    The average rate one year ago was 7.57%.

    For refis of the same type during the week of 2024-11-15, the average rate was -0.1%.

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

    Williston 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 Williston level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 12 7.01% $6,257
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 7.03% $12,772
    QUICKEN LOANS, LLC 3 6.20% $14,984
    Gate City Bank 1 6.00% $12,349
    GUARANTEED RATE, INC. 1 5.88% $16,020
    LOANDEPOT.COM, LLC 1 6.25% $3,803
    PENNYMAC LOAN SERVICES, LLC 1 6.50% $12,195
    Unify Home Lending Inc. 1 5.60% $5,895
    UNITED WHOLESALE MORTGAGE, LLC 1 6.62% $18,830
    USAA Federal Savings Bank 1 5.50% $14,871
    U.S. Bank 1 5.10% $12,003
    Wells Fargo Bank 1 6.13% $15,649
    AMCAP MORTGAGE, LTD. 1 7.00% $10,355
    WESTERN COOPERATIVE CREDIT UNION 1 6.00% $14,707
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.75% $910
    Barrington Bank & Trust Company, N.A. 1 7.75% $6,624

    The top Williston VA lender as defined by loan originations is Mortgage Research Center, LLC, with 12 VA loans originated. Their average total fees are $6,257, which is $6,515 lower than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

    The lowest fee Williston VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($6,257), .

    The lowest rate Williston VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (7.01%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Williston (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 $234,500 (-3.1%) $261,852 (-1.9%) 0.00 171
    2018-02-01 $229,675 (-4.3%) $258,040 (-0.4%) 0.00 178
    2018-03-01 $229,900 (-6.8%) $259,740 (-1.6%) 0.00 185
    2018-04-01 $239,225 (-7.6%) $268,355 (-2.4%) 0.00 191
    2018-05-01 $250,000 (0.0%) $291,585 (9.6%) 0.00 201
    2018-06-01 $259,000 (6.2%) $296,289 (12.8%) 0.00 187
    2018-07-01 $257,225 (5.4%) $287,015 (-0.7%) 0.00 188
    2018-08-01 $260,000 (4.0%) $298,693 (1.4%) 0.00 195
    2018-09-01 $260,000 (4.0%) $294,428 (3.1%) 0.00 204
    2018-10-01 $247,450 (7.1%) $293,917 (8.3%) 0.00 192
    2018-11-01 $249,925 (9.5%) $300,911 (12.7%) 0.00 178
    2018-12-01 $239,900 (6.6%) $302,358 (11.3%) 0.00 158
    2019-01-01 $242,475 (3.4%) $323,069 (23.4%) 0.00 133
    2019-02-01 $239,900 (4.5%) $307,926 (19.3%) 0.00 119
    2019-03-01 $254,814 (10.8%) $319,863 (23.2%) 0.00 119
    2019-04-01 $266,089 (11.2%) $311,748 (16.2%) 0.00 124
    2019-05-01 $279,450 (11.8%) $300,216 (3.0%) 0.00 130
    2019-06-01 $299,950 (15.8%) $330,491 (11.5%) 0.00 161
    2019-07-01 $298,475 (16.0%) $333,532 (16.2%) 0.00 153
    2019-08-01 $300,418 (15.6%) $334,028 (11.8%) 0.00 155
    2019-09-01 $304,120 (17.0%) $331,227 (12.5%) 0.00 157
    2019-10-01 $302,589 (22.3%) $325,982 (10.9%) 0.00 162
    2019-11-01 $292,500 (17.0%) $322,336 (7.1%) 0.00 172
    2019-12-01 $300,000 (25.1%) $325,555 (7.7%) 0.00 165
    2020-01-01 $297,425 (22.7%) $320,172 (-0.9%) 0.00 135
    2020-02-01 $292,450 (21.9%) $325,187 (5.6%) 0.00 126
    2020-03-01 $304,825 (19.6%) $336,370 (5.2%) 0.00 133
    2020-04-01 $298,950 (12.4%) $330,959 (6.2%) 0.00 142
    2020-05-01 $292,900 (4.8%) $327,323 (9.0%) 0.00 155
    2020-06-01 $275,000 (-8.3%) $302,517 (-8.5%) 0.00 143
    2020-07-01 $275,000 (-7.9%) $303,277 (-9.1%) 0.00 146
    2020-08-01 $274,950 (-8.5%) $300,373 (-10.1%) 0.00 171
    2020-09-01 $289,500 (-4.8%) $297,724 (-10.1%) 0.00 182
    2020-10-01 $292,900 (-3.2%) $298,502 (-8.4%) 0.00 200
    2020-11-01 $279,975 (-4.3%) $305,533 (-5.2%) 0.00 212
    2020-12-01 $281,225 (-6.3%) $312,534 (-4.0%) 0.00 211
    2021-01-01 $289,000 (-2.8%) $318,611 (-0.5%) 0.00 202
    2021-02-01 $296,975 (1.6%) $326,215 (0.3%) 0.00 181
    2021-03-01 $299,000 (-1.9%) $327,156 (-2.7%) 0.00 176
    2021-04-01 $299,450 (0.2%) $330,487 (-0.1%) 0.00 177
    2021-05-01 $307,450 (5.0%) $331,269 (1.2%) 0.00 170
    2021-06-01 $321,500 (16.9%) $336,589 (11.3%) 0.00 167
    2021-07-01 $322,450 (17.3%) $335,036 (10.5%) 0.00 187
    2021-08-01 $294,450 (7.1%) $320,147 (6.6%) 0.00 201
    2021-09-01 $283,650 (-2.0%) $319,806 (7.4%) 0.00 190
    2021-10-01 $289,900 (-1.0%) $322,625 (8.1%) 0.00 185
    2021-11-01 $287,450 (2.7%) $323,426 (5.9%) 0.00 176
    2021-12-01 $271,250 (-3.6%) $318,384 (1.9%) 0.00 162
    2022-01-01 $297,500 (2.9%) $320,967 (0.7%) 0.00 130
    2022-02-01 $280,000 (-5.7%) $317,622 (-2.6%) 0.00 121
    2022-03-01 $354,975 (18.7%) $339,402 (3.7%) 0.00 93
    2022-04-01 $379,900 (26.9%) $354,371 (7.2%) 0.00 100
    2022-05-01 $377,450 (22.8%) $366,338 (10.6%) 0.00 99
    2022-06-01 $359,375 (11.8%) $364,040 (8.2%) 0.00 105
    2022-07-01 $375,000 (16.3%) $361,876 (8.0%) 0.00 128
    2022-08-01 $347,850 (18.1%) $349,436 (9.2%) 0.00 118
    2022-09-01 $357,450 (26.0%) $372,981 (16.6%) 0.00 119
    2022-10-01 $330,000 (13.8%) $383,425 (18.9%) 0.00 131
    2022-11-01 $359,900 (25.2%) $401,121 (24.0%) 0.00 128
    2022-12-01 $354,500 (30.7%) $405,862 (27.5%) 0.00 125
    2023-01-01 $381,175 (28.1%) $423,973 (32.1%) 0.00 123
    2023-02-01 $366,100 (30.8%) $421,709 (32.8%) 0.00 102
    2023-03-01 $379,950 (7.0%) $434,748 (28.1%) 0.00 88
    2023-04-01 $377,000 (-0.8%) $391,776 (10.6%) 0.00 70
    2023-05-01 $395,000 (4.7%) $398,439 (8.8%) 0.00 70
    2023-06-01 $437,250 (21.7%) $439,824 (20.8%) 0.00 76
    2023-07-01 $389,975 (4.0%) $453,276 (25.3%) 0.00 83
    2023-08-01 $397,500 (14.3%) $460,929 (31.9%) 0.00 85
    2023-09-01 $395,000 (10.5%) $445,112 (19.3%) 0.00 89
    2023-10-01 $359,750 (9.0%) $449,827 (17.3%) 0.00 96
    2023-11-01 $331,250 (-8.0%) $426,938 (6.4%) 0.00 92
    2023-12-01 $347,450 (-2.0%) $440,932 (8.6%) 0.00 92
    2024-01-01 $376,725 (-1.2%) $469,477 (10.7%) 0.00 83
    2024-02-01 $442,425 (20.9%) $486,210 (15.3%) 0.00 63
    2024-03-01 $510,000 (34.2%) $531,613 (22.3%) 0.00 55
    2024-04-01 $493,750 (31.0%) $548,116 (39.9%) 0.00 57
    2024-05-01 $459,600 (16.4%) $504,436 (26.6%) 0.00 63
    2024-06-01 $399,900 (-8.5%) $499,012 (13.5%) 0.00 71
    2024-07-01 $372,375 (-4.5%) $478,637 (5.6%) 0.00 75
    2024-08-01 $395,000 (-0.6%) $474,179 (2.9%) 0.00 79
    2024-09-01 $408,250 (3.4%) $484,900 (8.9%) 0.00 77
    2024-10-01 $399,975 (11.2%) $480,998 (6.9%) 0.00 67
    Williston's median listing price for 2024-10-01 was $399,975, a difference of $40,225 (11.2%) versus the prior year and $-8,275 versus the prior month.

    Williston's median listing price comes in at 0% of the national average.

    Williston's average listing price for 2024-10-01 was $480,998, a difference of $31,171 (6.9%) versus the prior year and $-3,902 versus the prior month.

    For the 2024-10-01 period, Williston had 67 MLS listings, a difference of -10 listings (-13%) versus the prior month and -29 listings (-30%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Williston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,004 sqft
    2018-02-01 0 days 1,886 sqft
    2018-03-01 0 days 1,819 sqft
    2018-04-01 0 days 1,920 sqft
    2018-05-01 0 days 2,000 sqft
    2018-06-01 0 days 1,984 sqft
    2018-07-01 0 days 1,944 sqft
    2018-08-01 0 days 1,997 sqft
    2018-09-01 0 days 1,993 sqft
    2018-10-01 0 days 1,895 sqft
    2018-11-01 0 days 1,912 sqft
    2018-12-01 0 days 1,920 sqft
    2019-01-01 0 days 1,956 sqft
    2019-02-01 0 days 1,952 sqft
    2019-03-01 0 days 1,938 sqft
    2019-04-01 0 days 1,902 sqft
    2019-05-01 0 days 1,882 sqft
    2019-06-01 0 days 2,038 sqft
    2019-07-01 0 days 2,087 sqft
    2019-08-01 0 days 2,160 sqft
    2019-09-01 0 days 2,205 sqft
    2019-10-01 0 days 2,188 sqft
    2019-11-01 0 days 2,130 sqft
    2019-12-01 0 days 2,106 sqft
    2020-01-01 0 days 2,079 sqft
    2020-02-01 0 days 2,013 sqft
    2020-03-01 0 days 2,025 sqft
    2020-04-01 0 days 2,083 sqft
    2020-05-01 0 days 2,084 sqft
    2020-06-01 0 days 2,056 sqft
    2020-07-01 0 days 2,046 sqft
    2020-08-01 0 days 2,072 sqft
    2020-09-01 0 days 2,030 sqft
    2020-10-01 0 days 2,150 sqft
    2020-11-01 0 days 2,030 sqft
    2020-12-01 0 days 2,083 sqft
    2021-01-01 0 days 2,128 sqft
    2021-02-01 0 days 2,202 sqft
    2021-03-01 0 days 2,184 sqft
    2021-04-01 0 days 2,243 sqft
    2021-05-01 0 days 2,280 sqft
    2021-06-01 0 days 2,272 sqft
    2021-07-01 0 days 2,244 sqft
    2021-08-01 0 days 2,097 sqft
    2021-09-01 0 days 2,099 sqft
    2021-10-01 0 days 2,156 sqft
    2021-11-01 0 days 2,196 sqft
    2021-12-01 0 days 2,150 sqft
    2022-01-01 0 days 2,174 sqft
    2022-02-01 0 days 2,189 sqft
    2022-03-01 0 days 1,895 sqft
    2022-04-01 0 days 1,820 sqft
    2022-05-01 0 days 1,805 sqft
    2022-06-01 0 days 1,897 sqft
    2022-07-01 0 days 1,832 sqft
    2022-08-01 0 days 1,821 sqft
    2022-09-01 0 days 1,823 sqft
    2022-10-01 0 days 1,890 sqft
    2022-11-01 0 days 1,906 sqft
    2022-12-01 0 days 1,847 sqft
    2023-01-01 0 days 1,821 sqft
    2023-02-01 0 days 1,741 sqft
    2023-03-01 0 days 1,785 sqft
    2023-04-01 0 days 1,756 sqft
    2023-05-01 0 days 1,735 sqft
    2023-06-01 0 days 1,850 sqft
    2023-07-01 0 days 1,880 sqft
    2023-08-01 0 days 1,913 sqft
    2023-09-01 0 days 1,879 sqft
    2023-10-01 0 days 1,921 sqft
    2023-11-01 0 days 1,878 sqft
    2023-12-01 0 days 1,886 sqft
    2024-01-01 0 days 1,886 sqft
    2024-02-01 0 days 1,897 sqft
    2024-03-01 0 days 1,938 sqft
    2024-04-01 0 days 2,038 sqft
    2024-05-01 0 days 1,963 sqft
    2024-06-01 0 days 1,909 sqft
    2024-07-01 0 days 1,884 sqft
    2024-08-01 0 days 1,868 sqft
    2024-09-01 0 days 1,853 sqft
    2024-10-01 0 days 1,848 sqft
    Williston's median listing age (time on market) for 2024-10-01 was 0 days.

    Williston's median square footage for active listings during the 2024-10-01 period was 1,848 sqft. One year prior, the average listing was 1,921 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.