Winona VA Loan Rates, Closing Costs & Stats
Winona, MN
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.
Winona's 7 lenders originated 18 VA loans during 2023. The total origination value was $5,230,000, with an average VA loan value of $290,556.
Winona VA Loans, 30 Year Fixed Rates
30 Year VA mortgages in Winona
averaged
6.47%
for the week of 2024-12-13, compared to the national average (all VA variants) of
6.077% for the same period.
Winona's average VA mortgage closing costs are $4,370.
The average rate for the prior week (2024-12-06) was
6.1% and
one month ago for the week of 2024-11-08, the
average rate was 6.4%.
The average rate one year ago was 6.95%.
For refis of the same type during the week of 2024-12-13, the average rate
was 5.88%.
Winona 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 Winona level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
Mortgage Research Center, LLC | 7 | 7.02% | $4,117 |
Merchants Bank | 2 | 6.50% | $7,704 |
NAVY FEDERAL CREDIT UNION | 2 | 6.31% | $1,280 |
UNITED WHOLESALE MORTGAGE, LLC | 2 | 6.69% | $2,436 |
Bell Bank | 1 | 5.75% | $4,923 |
ALTRA | 1 | 7.50% | $1,777 |
QUICKEN LOANS, LLC | 1 | 6.99% | $17,370 |
The top Winona VA lender as defined by loan originations is Mortgage Research Center, LLC, with
7 VA loans originated. Their average total fees are
$4,117, which is $3,587
lower than the next largest lender,
Merchants Bank.
The lowest fee Winona VA lenders (with over 10 loans originated) are
.
The lowest rate Winona VA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Winona (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $149,450 (7.5%) | $199,737 (4.4%) | 0.00 | 103 |
2018-02-01 | $149,900 (6.2%) | $199,911 (4.4%) | 0.00 | 93 |
2018-03-01 | $164,900 (12.0%) | $209,429 (4.9%) | 0.00 | 93 |
2018-04-01 | $173,675 (16.6%) | $229,213 (12.3%) | 0.00 | 112 |
2018-05-01 | $181,050 (19.3%) | $238,157 (18.9%) | 0.00 | 121 |
2018-06-01 | $179,900 (14.6%) | $247,487 (22.2%) | 0.00 | 131 |
2018-07-01 | $179,900 (3.0%) | $245,641 (18.1%) | 0.00 | 157 |
2018-08-01 | $182,175 (9.7%) | $242,664 (15.9%) | 0.00 | 179 |
2018-09-01 | $179,900 (14.6%) | $240,055 (15.5%) | 0.00 | 189 |
2018-10-01 | $176,950 (14.7%) | $233,798 (14.4%) | 0.00 | 191 |
2018-11-01 | $174,925 (16.7%) | $234,587 (18.4%) | 0.00 | 171 |
2018-12-01 | $174,900 (20.6%) | $242,076 (22.6%) | 0.00 | 136 |
2019-01-01 | $162,400 (8.7%) | $237,080 (18.7%) | 0.00 | 103 |
2019-02-01 | $159,950 (6.7%) | $244,534 (22.3%) | 0.00 | 85 |
2019-03-01 | $189,950 (15.2%) | $265,445 (26.8%) | 0.00 | 96 |
2019-04-01 | $222,475 (28.1%) | $280,239 (22.3%) | 0.00 | 112 |
2019-05-01 | $225,000 (24.3%) | $280,237 (17.7%) | 0.00 | 130 |
2019-06-01 | $225,950 (25.6%) | $283,379 (14.5%) | 0.00 | 138 |
2019-07-01 | $198,100 (10.1%) | $265,745 (8.2%) | 0.00 | 138 |
2019-08-01 | $199,391 (9.5%) | $255,030 (5.1%) | 0.00 | 146 |
2019-09-01 | $199,677 (11.0%) | $245,703 (2.4%) | 0.00 | 153 |
2019-10-01 | $199,868 (13.0%) | $240,597 (2.9%) | 0.00 | 153 |
2019-11-01 | $187,450 (7.2%) | $252,789 (7.8%) | 0.00 | 131 |
2019-12-01 | $193,725 (10.8%) | $227,737 (-5.9%) | 0.00 | 116 |
2020-01-01 | $210,000 (29.3%) | $238,909 (0.8%) | 0.00 | 97 |
2020-02-01 | $194,900 (21.9%) | $227,546 (-7.0%) | 0.00 | 89 |
2020-03-01 | $193,450 (1.8%) | $239,296 (-9.9%) | 0.00 | 83 |
2020-04-01 | $204,900 (-7.9%) | $233,722 (-16.6%) | 0.00 | 92 |
2020-05-01 | $209,900 (-6.7%) | $243,624 (-13.1%) | 0.00 | 100 |
2020-06-01 | $243,700 (7.9%) | $276,304 (-2.5%) | 0.00 | 100 |
2020-07-01 | $222,500 (12.3%) | $272,133 (2.4%) | 0.00 | 96 |
2020-08-01 | $234,500 (17.6%) | $298,605 (17.1%) | 0.00 | 87 |
2020-09-01 | $249,900 (25.2%) | $313,507 (27.6%) | 0.00 | 89 |
2020-10-01 | $224,900 (12.5%) | $290,400 (20.7%) | 0.00 | 89 |
2020-11-01 | $222,475 (18.7%) | $290,857 (15.1%) | 0.00 | 71 |
2020-12-01 | $194,925 (0.6%) | $273,410 (20.1%) | 0.00 | 59 |
2021-01-01 | $215,000 (2.4%) | $267,768 (12.1%) | 0.00 | 43 |
2021-02-01 | $207,500 (6.5%) | $253,725 (11.5%) | 0.00 | 38 |
2021-03-01 | $217,475 (12.4%) | $267,061 (11.6%) | 0.00 | 34 |
2021-04-01 | $176,950 (-13.6%) | $234,916 (0.5%) | 0.00 | 41 |
2021-05-01 | $199,950 (-4.7%) | $274,884 (12.8%) | 0.00 | 43 |
2021-06-01 | $211,950 (-13.0%) | $279,004 (1.0%) | 0.00 | 53 |
2021-07-01 | $219,450 (-1.4%) | $281,876 (3.6%) | 0.00 | 76 |
2021-08-01 | $199,900 (-14.8%) | $266,852 (-10.6%) | 0.00 | 87 |
2021-09-01 | $199,675 (-20.1%) | $263,892 (-15.8%) | 0.00 | 78 |
2021-10-01 | $219,900 (-2.2%) | $277,526 (-4.4%) | 0.00 | 70 |
2021-11-01 | $224,500 (0.9%) | $287,378 (-1.2%) | 0.00 | 52 |
2021-12-01 | $199,950 (2.6%) | $272,381 (-0.4%) | 0.00 | 49 |
2022-01-01 | $184,900 (-14.0%) | $254,404 (-5.0%) | 0.00 | 41 |
2022-02-01 | $202,475 (-2.4%) | $328,024 (29.3%) | 0.00 | 36 |
2022-03-01 | $243,900 (12.2%) | $340,131 (27.4%) | 0.00 | 28 |
2022-04-01 | $211,950 (19.8%) | $327,508 (39.4%) | 0.00 | 32 |
2022-05-01 | $221,150 (10.6%) | $325,274 (18.3%) | 0.00 | 44 |
2022-06-01 | $244,500 (15.4%) | $326,195 (16.9%) | 0.00 | 56 |
2022-07-01 | $244,000 (11.2%) | $317,716 (12.7%) | 0.00 | 62 |
2022-08-01 | $253,500 (26.8%) | $323,608 (21.3%) | 0.00 | 60 |
2022-09-01 | $244,350 (22.4%) | $305,048 (15.6%) | 0.00 | 62 |
2022-10-01 | $249,000 (13.2%) | $332,439 (19.8%) | 0.00 | 61 |
2022-11-01 | $251,100 (11.9%) | $336,519 (17.1%) | 0.00 | 55 |
2022-12-01 | $237,000 (18.5%) | $337,402 (23.9%) | 0.00 | 50 |
2023-01-01 | $287,950 (55.7%) | $374,634 (47.3%) | 0.00 | 42 |
2023-02-01 | $271,150 (33.9%) | $300,567 (-8.4%) | 0.00 | 39 |
2023-03-01 | $257,450 (5.6%) | $296,310 (-12.9%) | 0.00 | 36 |
2023-04-01 | $291,000 (37.3%) | $402,003 (22.8%) | 0.00 | 38 |
2023-05-01 | $298,475 (35.0%) | $412,076 (26.7%) | 0.00 | 46 |
2023-06-01 | $297,650 (21.7%) | $418,783 (28.4%) | 0.00 | 56 |
2023-07-01 | $317,450 (30.1%) | $426,426 (34.2%) | 0.00 | 52 |
2023-08-01 | $302,425 (19.3%) | $421,741 (30.3%) | 0.00 | 60 |
2023-09-01 | $302,450 (23.8%) | $424,983 (39.3%) | 0.00 | 58 |
2023-10-01 | $291,000 (16.9%) | $400,186 (20.4%) | 0.00 | 61 |
2023-11-01 | $357,000 (42.2%) | $448,601 (33.3%) | 0.00 | 56 |
2023-12-01 | $327,500 (38.2%) | $435,432 (29.1%) | 0.00 | 49 |
2024-01-01 | $355,000 (23.3%) | $439,081 (17.2%) | 0.00 | 39 |
2024-02-01 | $452,400 (66.8%) | $500,278 (66.4%) | 0.00 | 36 |
2024-03-01 | $445,000 (72.9%) | $485,115 (63.7%) | 0.00 | 36 |
2024-04-01 | $356,200 (22.4%) | $453,179 (12.7%) | 0.00 | 44 |
2024-05-01 | $376,249 (26.1%) | $445,055 (8.0%) | 0.00 | 45 |
2024-06-01 | $389,950 (31.0%) | $460,082 (9.9%) | 0.00 | 51 |
2024-07-01 | $339,900 (7.1%) | $422,420 (-0.9%) | 0.00 | 53 |
2024-08-01 | $309,900 (2.5%) | $400,499 (-5.0%) | 0.00 | 56 |
2024-09-01 | $275,000 (-9.1%) | $361,507 (-14.9%) | 0.00 | 62 |
2024-10-01 | $275,000 (-5.5%) | $513,054 (28.2%) | 0.00 | 65 |
2024-11-01 | $259,900 (-27.2%) | $499,190 (11.3%) | 0.00 | 68 |
Winona's median listing price comes in at 0% of the national average.
Winona's average listing price for 2024-11-01 was $499,190, a difference of $50,589 (11.3%) versus the prior year and $-13,864 versus the prior month.
For the 2024-11-01 period, Winona had 68 MLS listings, a difference of 3 listings (5%) versus the prior month and 12 listings (21%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Winona (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,245 sqft |
2018-02-01 | 0 days | 2,258 sqft |
2018-03-01 | 0 days | 2,435 sqft |
2018-04-01 | 0 days | 2,500 sqft |
2018-05-01 | 0 days | 2,513 sqft |
2018-06-01 | 0 days | 2,538 sqft |
2018-07-01 | 0 days | 2,528 sqft |
2018-08-01 | 0 days | 2,463 sqft |
2018-09-01 | 0 days | 2,454 sqft |
2018-10-01 | 0 days | 2,424 sqft |
2018-11-01 | 0 days | 2,445 sqft |
2018-12-01 | 0 days | 2,454 sqft |
2019-01-01 | 0 days | 1,972 sqft |
2019-02-01 | 0 days | 1,929 sqft |
2019-03-01 | 0 days | 2,103 sqft |
2019-04-01 | 0 days | 2,215 sqft |
2019-05-01 | 0 days | 2,130 sqft |
2019-06-01 | 0 days | 2,124 sqft |
2019-07-01 | 0 days | 1,995 sqft |
2019-08-01 | 0 days | 1,991 sqft |
2019-09-01 | 0 days | 1,927 sqft |
2019-10-01 | 0 days | 1,877 sqft |
2019-11-01 | 0 days | 1,863 sqft |
2019-12-01 | 0 days | 1,852 sqft |
2020-01-01 | 0 days | 1,854 sqft |
2020-02-01 | 0 days | 1,770 sqft |
2020-03-01 | 0 days | 1,890 sqft |
2020-04-01 | 0 days | 1,881 sqft |
2020-05-01 | 0 days | 1,896 sqft |
2020-06-01 | 0 days | 2,281 sqft |
2020-07-01 | 0 days | 2,007 sqft |
2020-08-01 | 0 days | 2,160 sqft |
2020-09-01 | 0 days | 2,410 sqft |
2020-10-01 | 0 days | 2,221 sqft |
2020-11-01 | 0 days | 2,199 sqft |
2020-12-01 | 0 days | 1,945 sqft |
2021-01-01 | 0 days | 1,945 sqft |
2021-02-01 | 0 days | 1,939 sqft |
2021-03-01 | 0 days | 1,931 sqft |
2021-04-01 | 0 days | 1,668 sqft |
2021-05-01 | 0 days | 1,919 sqft |
2021-06-01 | 0 days | 1,930 sqft |
2021-07-01 | 0 days | 1,906 sqft |
2021-08-01 | 0 days | 1,720 sqft |
2021-09-01 | 0 days | 1,753 sqft |
2021-10-01 | 0 days | 1,749 sqft |
2021-11-01 | 0 days | 1,792 sqft |
2021-12-01 | 0 days | 1,844 sqft |
2022-01-01 | 0 days | 1,694 sqft |
2022-02-01 | 0 days | 2,367 sqft |
2022-03-01 | 0 days | 2,328 sqft |
2022-04-01 | 0 days | 2,254 sqft |
2022-05-01 | 0 days | 1,705 sqft |
2022-06-01 | 0 days | 1,794 sqft |
2022-07-01 | 0 days | 1,998 sqft |
2022-08-01 | 0 days | 1,899 sqft |
2022-09-01 | 0 days | 1,911 sqft |
2022-10-01 | 0 days | 2,119 sqft |
2022-11-01 | 0 days | 2,037 sqft |
2022-12-01 | 0 days | 2,003 sqft |
2023-01-01 | 0 days | 2,022 sqft |
2023-02-01 | 0 days | 1,737 sqft |
2023-03-01 | 0 days | 1,824 sqft |
2023-04-01 | 0 days | 2,122 sqft |
2023-05-01 | 0 days | 2,077 sqft |
2023-06-01 | 0 days | 2,052 sqft |
2023-07-01 | 0 days | 2,163 sqft |
2023-08-01 | 0 days | 1,985 sqft |
2023-09-01 | 0 days | 2,041 sqft |
2023-10-01 | 0 days | 2,054 sqft |
2023-11-01 | 0 days | 2,165 sqft |
2023-12-01 | 0 days | 2,127 sqft |
2024-01-01 | 0 days | 2,143 sqft |
2024-02-01 | 0 days | 2,323 sqft |
2024-03-01 | 0 days | 2,540 sqft |
2024-04-01 | 0 days | 2,568 sqft |
2024-05-01 | 0 days | 2,714 sqft |
2024-06-01 | 0 days | 2,540 sqft |
2024-07-01 | 0 days | 2,039 sqft |
2024-08-01 | 0 days | 1,872 sqft |
2024-09-01 | 0 days | 1,714 sqft |
2024-10-01 | 0 days | 1,845 sqft |
2024-11-01 | 0 days | 1,728 sqft |
Winona's median square footage for active listings during the 2024-11-01 period was 1,728 sqft. One year prior, the average listing was 2,165 sqft.