VIRGINIA BEACH - NORFOLK - NEWPORT NEWS Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Virginia Beach - Norfolk - Newport News averaged 6.93% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

The average rate for the prior week (2024-04-11) was 7.01% and one month ago for the week of 2024-03-14, the average rate was 6.77%.

Virginia Beach - Norfolk - Newport News's average rate one year ago was 6.1%.

For refis of the same type during the week of 2024-04-18, the average rate was 7.67%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-18 7.1%
Virginia Beach - Norfolk - Newport News 30 Year Fixed Rate 2024-04-18 6.93%
Virginia Beach - Norfolk - Newport News 30 Year Fixed Rate Refi 2024-04-18 7.67%
Virginia Beach - Norfolk - Newport News 15 Year Fixed Rate 2024-04-18 6.67%
Virginia Beach - Norfolk - Newport News 15 Year Fixed Rate Refi 2024-04-18 6.5%
Virginia Beach - Norfolk - Newport News 30 Year FHA 2024-04-18 6.52%
Virginia Beach - Norfolk - Newport News 30 Year FHA Refi 2024-04-18 6.46%
Virginia Beach - Norfolk - Newport News 30 Year USDA 2024-04-18 7.06%
Virginia Beach - Norfolk - Newport News 30 Year USDA Refi 2024-04-18 6.86%
Virginia Beach - Norfolk - Newport News 30 Year VA 2024-04-18 6.61%
Virginia Beach - Norfolk - Newport News 30 Year VA Refi 2024-04-18 5.85%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC.

VIRGINIA BEACH - NORFOLK - NEWPORT NEWS Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 770 7.02% $7,501
QUICKEN LOANS, LLC 631 6.81% $6,982
UNITED WHOLESALE MORTGAGE, LLC 455 6.76% $7,177
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 421 7.01% $7,977
NAVY FEDERAL CREDIT UNION 367 6.64% $4,434
SOUTHERN TRUST MORTGAGE, LLC 331 6.81% $8,061
MOVEMENT MORTGAGE, LLC 321 6.69% $6,812
TIDEWATER MORTGAGE SERVICES, INC. 229 6.82% $6,770
Towne Bank 224 6.90% $6,767
Wells Fargo Bank 191 6.31% $3,634
Advance Financial Group, LLC 191 6.77% $7,930
NVR Mortgage Finance, Inc. 179 6.23% $7,544
Truist 176 6.57% $5,571
NEWPORT NEWS SHIPBUILDING EMPLOYEES 166 5.91% $3,472
Towne Mortgage, LLC 141 6.91% $6,874
Prosperity Home Mortgage, LLC 137 6.97% $5,631
Atlantic Coast Mortgage, LLC 116 6.90% $7,259
CALIBER HOME LOANS, INC. 115 6.48% $6,744
Tidewater Home Funding, LLC 108 6.32% $15,471
Bank of America 107 6.15% $5,362
NEWREZ LLC 101 7.09% $7,207
CBM Mortgage, Inc. 99 6.79% $6,378
C & F Mortgage Corporation 98 6.78% $7,660
Mortgage Research Center, LLC 95 6.57% $5,009
JPMorgan Chase Bank 93 6.79% $4,572
LANGLEY 91 6.43% $3,523
Alcova Mortgage LLC 89 6.99% $4,818
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 77 6.81% $7,230
CAPITAL CENTER, L.L.C. 75 6.99% $2,143
CMG MORTGAGE, INC. 74 6.69% $6,246
PRIMELENDING, A PLAINSCAPITAL COMPANY 74 6.98% $7,444
PENNYMAC LOAN SERVICES, LLC 69 6.82% $7,528
Ameris Bank 66 6.57% $6,958
LOANDEPOT.COM, LLC 61 6.67% $5,851
CROSSCOUNTRY MORTGAGE, LLC 58 7.21% $7,263
Mr. Cooper ( Nationstar Mortgage ) 53 6.60% $8,174
HOMESPIRE MORTGAGE CORPORATION 50 6.83% $4,911
U.S. Bank 48 6.41% $5,426
Fulton Bank 48 6.50% $5,561
BROKER SOLUTIONS, INC. 48 7.09% $7,751
PNC Bank 45 6.37% $5,410
AMERICAN FINANCIAL NETWORK, INC. 43 7.07% $7,223
Morgan Stanley Private Bank 42 6.04% $4,028
Plains Commerce Bank 42 6.77% $8,356
STATE EMPLOYEES' 40 5.90% $4,493
DRAGAS MORTGAGE COMPANY 40 7.15% $3,316
NewTowne Mortgage, LLC 39 6.45% $6,835
EAGLE HOME MORTGAGE, LLC 39 7.26% $6,392
EMM LOANS LLC 36 6.75% $6,611
Blue Ridge Bank 35 6.87% $5,918
TD Bank 33 6.27% $4,196
Chesapeake Bank 31 6.72% $3,196
NFM, INC. 31 7.10% $7,512
Southern Bank and Trust Company 30 6.56% $3,928
FREEDOM MORTGAGE CORPORATION 29 7.07% $8,880
DHI MORTGAGE COMPANY, LTD. 28 5.57% $7,495
Atlantic Union Bank 27 6.51% $6,288
Virginia Credit Union, Inc. 27 6.50% $5,321
Sierra Pacific Mortgage Company, Inc. 26 6.93% $7,878
CHARTWAY FEDERAL CREDIT UNION 25 6.04% $4,968
AMERISAVE MORTGAGE CORPORATION 25 6.27% $9,573
ABNB Federal Credit Union 25 6.24% $3,156
First National Bank of Pennsylvania 24 6.39% $5,862
First National Bank of America 24 9.91% $9,673
Presidential Bank, FSB 23 6.99% $7,166
GUARANTEED RATE, INC. 23 6.81% $6,093
CHURCHILL MORTGAGE CORPORATION 22 6.87% $7,074
The Federal Savings Bank 22 6.89% $6,701
Citizens Bank 22 6.49% $7,741
George Mason Mortgage, LLC 22 6.17% $5,108
NBKC BANK 21 6.74% $3,878
Dollar Bank, Federal Savings Bank 21 6.42% $5,420
CARDINAL FINANCIAL 20 6.81% $11,735
INTERCOASTAL MORTGAGE COMPANY 20 6.96% $7,936
PENTAGON FEDERAL CREDIT UNION 20 6.38% $4,261
USAA Federal Savings Bank 19 6.65% $5,827
1ST ADVANTAGE FEDERAL CREDIT UNION 19 6.44% $43,287
MUTUAL OF OMAHA MORTGAGE, INC. 18 6.74% $7,452
T2 FINANCIAL LLC 16 6.99% $8,274
HOMESIDE FINANCIAL, LLC 15 6.71% $8,371
First Heritage Mortgage, LLC 15 6.82% $6,756
ANGEL OAK MORTGAGE SOLUTIONS LLC 14 8.47% $12,901
EMBRACE HOME LOANS, INC. 14 6.56% $6,509
CITY FIRST MORTGAGE SERVICES, L.L.C. 14 7.48% $8,088
NexBank 14 7.28% $8,444
FIRST COMMUNITY MORTGAGE, INC. 13 7.18% $7,387
The Huntington National Bank 13 6.62% $7,656
Citibank 13 5.61% $6,528
NATIONS DIRECT MORTGAGE, LLC 13 6.93% $7,734
OCMBC, INC. 12 8.79% $12,755
Flagstar Bank, FSB 12 6.96% $5,700
ARC HOME LLC 11 6.73% $6,688
FIRST HOME MORTGAGE CORPORATION 11 6.30% $6,857
Carrington Mortgage Services, LLC 11 6.40% $8,045
First-Citizens Bank & Trust Company 11 5.77% $5,965
KeyBank 11 6.13% $5,873
BAY EQUITY LLC 11 6.84% $5,396
PROVIDENT FUNDING ASSOCIATES, L.P. 11 6.43% $7,339
BETTER MORTGAGE CORPORATION 10 6.45% $3,917
GUILD MORTGAGE COMPANY 10 6.89% $6,089
ZILLOW HOME LOANS, LLC 10 6.85% $5,907
First Horizon Bank 10 6.48% $4,563
MCLEAN MORTGAGE CORPORATION 10 6.31% $4,732
United Nations Federal Credit Union 9 6.54% $5,702
SeaTrust Mortgage Company 9 6.82% $7,381
FIRST SAVINGS MORTGAGE CORPORATION 9 6.75% $5,891
Charles Schwab Bank, SSB 9 5.71% $4,825
RELIANCE FIRST CAPITAL, LLC 9 7.40% $10,354
MORIA DEVELOPMENT, INC. 9 6.97% $7,470
CREDIT UNION MORTGAGE ASSOCIATION, INC. 8 5.83% $4,122
BNC National Bank 8 5.86% $5,187
UNITED NORTHERN MORTGAGE BANKERS LIMITED 7 6.63% $5,760
Northpointe Bank 7 6.59% $5,642
VANDERBILT MORTGAGE AND FINANCE, INC. 7 7.07% $5,341
UBS Bank USA 7 5.93% $5,810
PHH Mortgage Corporation 7 6.68% $11,271
ROYAL UNITED MORTGAGE LLC 7 7.27% $8,765
Kwik Mortgage Corporation 7 6.84% $4,308
Farmers Bank & Trust 7 6.38% $4,389
UNION HOME MORTGAGE CORP. 6 7.73% $6,797
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 6 7.94% $8,152
Armed Forces Bank 6 7.25% $4,892
BMO Harris Bank 6 5.98% $5,615
Third Federal Savings and Loan Association of Cleveland 6 5.81% $1,575
SWBC MORTGAGE CORPORATION 6 7.52% $7,273
ABSOLUTE HOME MORTGAGE CORPORATION 6 6.44% $4,403
Discover Bank 6 7.24% $0
EVERETT FINANCIAL, INC. 6 7.29% $8,679
Ally Bank 6 6.25% $3,561
GENEVA FINANCIAL, LLC 6 7.48% $6,121
Paramount Residential Mortgage Group, Inc. 6 7.02% $9,938
JOHNSON MORTGAGE COMPANY, L.L.C. 6 5.96% $9,127
AMERICAN FINANCING CORPORATION 6 6.81% $7,375
VAN DYK MORTGAGE CORPORATION 6 6.79% $2,988
NJ LENDERS CORP. 5 6.65% $4,178
GoPrime Mortgage, Inc. 5 6.67% $4,951
Waterstone Mortgage Corporation 5 6.70% $10,181
Bronco Federal Credit Union 5 6.03% $18,529
LAKEVIEW LOAN SERVICING, LLC 5 6.75% $7,464
LOANPAL, LLC 5 6.70% $5,689
PREMIA MORTGAGE, LLC 5 6.53% $5,367
Keystone Funding, Inc. 5 7.05% $6,860
MORTGAGE ACCESS CORP. 4 7.47% $8,424
ALLIANT CREDIT UNION 4 6.97% $4,848
Sandy Spring Bank 4 6.93% $7,211
GUARANTEED RATE AFFINITY, LLC 4 6.68% $5,469
Citadel Servicing Corporation 4 8.56% $19,618
Loan Simple, Inc. 4 7.28% $7,923
THRIVE MORTGAGE, LLC 4 6.47% $3,769
HOMESTEAD FUNDING CORP. 4 6.22% $5,024
Integrity Home Mortgage Corp 4 6.31% $9,105
North American Savings Bank, F.S.B. 4 6.41% $5,431
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 7.50% $6,548
NATIONWIDE MORTGAGE BANKERS, INC. 4 6.87% $13,787
VILLAGE BANK MORTGAGE CORPORATION 4 6.56% $2,438
First Savings Bank 4 6.81% $6,570
Fifth Third Bank 4 6.71% $4,147
GEO-CORP, INC. 3 7.17% $4,935
INTERCAP LENDING INC. 3 6.92% $4,484
LOCAL GOVERNMENT FEDERAL CREDIT UNION 3 6.15% $3,740
CORNERSTONE HOME LENDING, INC. 3 7.08% $5,848
MILEND, INC. 3 7.08% $14,501
ISERVE RESIDENTIAL LENDING, LLC 3 7.25% $6,536
AgFirst Farm Credit Bank 3 7.29% $3,791
Meridian Bank Corporation 3 7.25% $5,065
JAMS-01, INC. 3 6.71% $8,984
Member Options, LLC 3 6.15% $3,825
AmeriHome Mortgage Company, LLC 3 7.00% $8,389
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION 3 5.58% $5,782
Service Federal Credit Union 3 7.04% $6,581
Princeton Mortgage Corporation 3 7.33% $4,934
GUIDANCE RESIDENTIAL, LLC 3 6.71% $9,847
State Department Federal Credit Union 3 6.50% $6,725
M&T Bank 3 6.29% $5,998
HOMEBRIDGE FINANCIAL SERVICES, INC. 3 7.67% $9,118
PLANET HOME LENDING, LLC 3 6.45% $6,700
GUARANTY HOME MORTGAGE CORPORATION 3 6.71% $5,572
PLAZA HOME MORTGAGE, INC. 3 6.79% $5,086
TOGETHER CREDIT UNION 3 6.96% $2,501
NETWORK CAPITAL FUNDING CORPORATION 3 7.08% $4,334
Barrington Bank & Trust Company, N.A. 3 7.25% $6,543
Northwest Federal Credit Union 3 6.00% $4,902
Aurora Financial, LLC 2 6.63% $2,229
A&D Mortgage LLC 2 9.12% $9,593
AgCarolina Farm Credit, FLCA 2 8.17% $7,380
ALLEGACY FEDERAL CREDIT UNION 2 6.13% $8,438
ALLIED MORTGAGE GROUP, INC. 2 6.63% $5,937
AMERICAN INTERNET MORTGAGE, INC. 2 5.75% $10,294
American Mortgage & Equity Consultants, Inc. 2 7.37% $4,536
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 2 7.19% $6,650
Arvest Bank 2 7.25% $4,911
Colonial Savings, F.A. 2 6.25% $18,492
DATA MORTGAGE, INC. 2 6.63% $8,178
DEEPHAVEN MORTGAGE LLC 2 9.00% $11,945
DIGITAL Federal Credit Union 2 5.75% $3,455
Evolve Bank & Trust 2 6.88% $7,416
FIDELITY DIRECT MORTGAGE, LLC 2 7.38% $22,703
First Federal Bank 2 6.31% $6,738
FIRST TECHNOLOGY 2 7.00% $7,977
Ixonia Bank 2 7.38% $8,424
KINECTA 2 6.44% $7,026
Lakeview Community Capital, LLC 2 7.43% $7,545
LEADERONE FINANCIAL CORPORATION 2 6.56% $6,661
LENDSURE MORTGAGE CORP. 2 8.75% $7,892
LENOX FINANCIAL MORTGAGE CORPORATION 2 7.44% $9,309
MEMBER ONE 2 6.21% $4,403
MICHIGAN MUTUAL, INC. 2 6.25% $10,917
Nations Lending Corporation 2 6.43% $10,705
NEW WAVE LENDING GROUP INC 2 8.81% $8,453
NORTHPOINT MORTGAGE, INC. 2 7.50% $6,530
PLUS RELOCATION MORTGAGE, LLC 2 7.31% $6,366
RANLIFE, INC. 2 7.38% $6,733
Raymond James Bank 2 5.69% $2,702
RBC Bank, (Georgia) 2 5.94% $2,996
SIRVA MORTGAGE, INC. 2 6.81% $1,298
Stifel Bank and Trust 2 5.44% $3,674
SUN WEST MORTGAGE COMPANY, INC. 2 7.25% $11,633
Towne First Mortgage, LLC 2 6.69% $6,419
TOWNE MORTGAGE COMPANY 2 6.75% $4,148
UIF CORPORATION 2 7.25% $4,124
UNIVERSAL MORTGAGE & FINANCE, INC. 2 6.38% $10,802
Vellum Mortgage, Inc. 2 6.93% $6,635
Wilmington Savings Fund Society, FSB 2 5.81% $4,090
INTERNATIONAL CITY MORTGAGE, INC. 1 7.00% $3,820
INTERLINC MORTGAGE SERVICES, LLC 1 5.75% $545
VANTAGE WEST 1 6.50% $9,484
Northwest Bank 1 6.63% $3,005
HSBC BANK USA, NATIONAL ASSOCIATION 1 6.38% $4,848
NORWICH COMMERCIAL GROUP, INC. 1 6.50% $11,112
NP, Inc. 1 8.37% $15,031
HOMEXPRESS MORTGAGE CORP. 1 8.38% $24,817
OAKTREE FUNDING CORP. 1 8.50% $11,844
HomePromise Corporation 1 8.00% $7,650
ONY GLO, INC. 1 7.13% $11,906
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 7.00% $17,728
Heritage Bank 1 6.25% $2,807
GREENWAY MORTGAGE FUNDING CORP. 1 5.88% $46,596
GREENSTATE CREDIT UNION 1 6.63% $3,021
Pinnacle Bank 1 7.25% $3,629
GREAT RIVER FEDERAL CREDIT UNION 1 5.63% $6,314
Grand Valley Bank 1 7.50% $6,690
Grand Bank for Savings, FSB 1 10.75% $5,603
Wyndham Capital Mortgage, Inc. 1 5.50% $10,918
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.38% $4,066
POINT Mortgage 1 7.13% $5,177
First Option Mortgage, LLC 1 10.38% $10,336
FIRST MORTGAGE COMPANY, INC. 1 6.38% $4,955
First Federal Bank of Kansas City 1 7.25% $5,242
First Bank 1 6.13% $4,956
FIRST BANCORP 1 7.50% $3,273
FIDELITY BANK 1 6.88% $11,484
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.63% $3,708
Victorian Finance, LLC 1 7.50% $8,499
RAPID MORTGAGE COMPANY 1 6.50% $6,191
AMERICAN FINANCIAL RESOURCES, INC. 1 6.88% $15,203
Amalgamated Bank 1 6.00% $14,488
Red River Bank 1 6.99% $3,319
EQUITY RESOURCES, INC. 1 6.75% $3,406
Renasant Bank 1 6.25% $4,920
Residential Mortgage Solutions, Inc. 1 5.88% $6,133
RESOURCE FINANCIAL SERVICES, INC. 1 6.99% $4,053
Encompass Lending Group, LP 1 5.99% $4,443
RUOFF MORTGAGE COMPANY, INC. 1 6.88% $3,265
DUPONT COMMUNITY 1 7.75% $2,949
DRAPER AND KRAMER MORTGAGE CORP. 1 5.13% $8,138
Dover Federal Credit Union 1 6.00% $4,615
Shamrock Home Loans, Inc. 1 6.49% $3,395
DIRECT MORTGAGE, CORP. 1 6.63% $3,694
Watermark Capital, Inc. 1 6.13% $3,287
SOUTH CAROLINA FEDERAL CREDIT UNION 1 4.88% $7,536
DELTA COMMUNITY CREDIT UNION 1 6.63% $7,213
DAS Acquisition Company, LLC 1 7.63% $12,494
South State Bank 1 6.13% $4,021
CONSUMERS COOPERATIVE CREDIT UNION 1 6.50% $5,748
Constant Investments, Inc. 1 6.50% $3,792
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 1 6.38% $6,505
Advisors Mortgage Group, L.L.C. 1 7.63% $12,209
Stride Bank 1 7.38% $6,700
Suncoast Credit Union 1 5.88% $2,787
ADVANCIAL 1 6.63% $4,637
Commerce Home Mortgage, Inc. 1 8.38% $12,031
Colonial Farm Credit, ACA 1 8.75% $3,170
COASTAL Federal Credit Union 1 5.50% $4,140
The Central Trust Bank 1 5.63% $8,597
C&F Select LLC 1 6.00% $3,806
The Freedom Bank of Virginia 1 6.50% $6,325
Capital Bank 1 5.63% $3,132
THE MORTGAGE FIRM, INC. 1 7.50% $8,328
THE MORTGAGE LINK, INC. 1 6.63% $3,625
CALCON MUTUAL MORTGAGE LLC 1 6.75% $10,281
Bethpage Federal Credit Union 1 7.25% $7,839
Beeline Loans, Inc. 1 7.63% $5,815
BAYSHORE MORTGAGE FUNDING, LLC 1 7.00% $10,844
Baylands Family Credit Union 1 7.50% $4,306
TOWER 1 7.00% $4,186
BAYCOAST MORTGAGE COMPANY, LLC 1 6.63% $4,746
WesBanco 1 5.63% $4,147
1ST SIGNATURE LENDING, LLC 1 7.25% $6,804
Baxter Credit Union 1 6.75% $13,029
Bank of Idaho 1 5.88% $4,555
Tyndall Federal Credit Union 1 5.88% $3,753
Bank of Hope 1 5.88% $4,310
ACADEMY MORTGAGE CORPORATION 1 8.00% $3,840
Bank of England 1 6.50% $2,893
UNITED 1 7.38% $3,141
Bank of Clarke County 1 6.88% $3,698
Bank-Fund Staff Federal Credit Union 1 5.63% $3,277
ASSEMBLIES OF GOD Credit Union 1 6.49% $2,981
WRIGHT-PATT CREDIT UNION, INC. 1 5.13% $2,494
Apple Federal Credit Union 1 6.25% $4,961
American Security Mortgage Corp. 1 7.25% $6,125
AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.63% $13,152
NATIONAL COOPERATIVE BANK, N.A. 1 5.88% $2,184
MY MORTGAGE, INC. 1 6.62% $6,250
MYCUMORTGAGE, LLC 1 8.13% $4,441
Neighborhood Loans, Inc. 1 6.50% $13,331
MORTGAGEONE, INC. 1 6.50% $9,123
Network Funding, L.P. 1 7.13% $4,363
MLD MORTGAGE INC. 1 6.50% $4,104
MLB RESIDENTIAL LENDING, LLC 1 6.75% $4,549
MID AMERICA MORTGAGE, INC. 1 7.38% $23,054
American National Bank & Trust 1 6.50% $4,308
MEMBERS 1ST FEDERAL CREDIT UNION 1 6.00% $3,787
NEXERA HOLDING LLC 1 8.38% $6,183
Leader Bank 1 5.63% $6,676
IVY MORTGAGE, INC. 1 6.38% $2,300
NMSI, INC. 1 7.13% $20,812

VIRGINIA BEACH - NORFOLK - NEWPORT NEWS Average Closing Costs & Other Stats

VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC's 327 lenders originated 39,079 loans during 2023. The total origination value was $11,036,995,000, with an average loan value of $282,428.

VIRGINIA BEACH - NORFOLK - NEWPORT NEWS's average closing costs are $6,180.

The top VIRGINIA BEACH - NORFOLK - NEWPORT NEWS lender as defined by loan originations is ATLANTIC BAY MORTGAGE GROUP, L.L.C., with 770 loans originated. Their average total fees are $7,501, which is $519 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee VIRGINIA BEACH - NORFOLK - NEWPORT NEWS lenders (with over 10 loans originated) are CAPITAL CENTER, L.L.C. ($2,143), ABNB Federal Credit Union ($3,156), Chesapeake Bank ($3,196), DRAGAS MORTGAGE COMPANY ($3,316) and NEWPORT NEWS SHIPBUILDING EMPLOYEES ($3,472).

The lowest rate VIRGINIA BEACH - NORFOLK - NEWPORT NEWS lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.57%), Citibank (5.61%), First-Citizens Bank & Trust Company (5.77%), STATE EMPLOYEES' (5.90%) and NEWPORT NEWS SHIPBUILDING EMPLOYEES (5.91%).

VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $1,064,580,000 $701,940,000 -34.1% 6.4%
Mortgage Research Center, LLC $778,020,000 $579,825,000 -25.5% 5.3%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $321,230,000 $564,130,000 75.6% 5.1%
UNITED WHOLESALE MORTGAGE, LLC $606,585,000 $543,970,000 -10.3% 4.9%
NAVY FEDERAL CREDIT UNION $711,715,000 $527,835,000 -25.8% 4.8%
QUICKEN LOANS, LLC $709,125,000 $426,625,000 -39.8% 3.9%
MOVEMENT MORTGAGE, LLC $439,040,000 $371,355,000 -15.4% 3.4%
Towne Bank $543,785,000 $328,210,000 -39.6% 3.0%
SOUTHERN TRUST MORTGAGE, LLC $342,555,000 $266,850,000 -22.1% 2.4%
NVR Mortgage Finance, Inc. $281,185,000 $243,425,000 -13.4% 2.2%
Grandbridge Real Estate Capital LLC $66,865,000 $190,925,000 185.5% 1.7%
TIDEWATER MORTGAGE SERVICES, INC. $257,350,000 $189,490,000 -26.4% 1.7%
JONES LANG LASALLE MULTIFAMILY, LLC $187,710,000 n/a 1.7%
Advance Financial Group, LLC $131,930,000 $170,490,000 29.2% 1.5%
Truist $273,625,000 $169,625,000 -38.0% 1.5%
NEWPORT NEWS SHIPBUILDING EMPLOYEES $204,340,000 $163,565,000 -20.0% 1.5%
CBM Mortgage, Inc. $200,705,000 $152,275,000 -24.1% 1.4%
PENNYMAC LOAN SERVICES, LLC $239,110,000 $146,950,000 -38.5% 1.3%
WALKER & DUNLOP, LLC $116,320,000 $138,195,000 18.8% 1.3%
LANGLEY $240,185,000 $137,725,000 -42.7% 1.2%
Atlantic Coast Mortgage, LLC $137,760,000 $137,225,000 -0.4% 1.2%
NEWREZ LLC $57,270,000 $125,315,000 118.8% 1.1%
Towne Mortgage, LLC $174,225,000 $123,035,000 -29.4% 1.1%
Prosperity Home Mortgage, LLC $166,950,000 $119,100,000 -28.7% 1.1%
CALIBER HOME LOANS, INC. $418,145,000 $116,950,000 -72.0% 1.1%
Wells Fargo Bank $474,410,000 $114,400,000 -75.9% 1.0%
FREEDOM MORTGAGE CORPORATION $245,320,000 $107,930,000 -56.0% 1.0%
Fulton Bank $93,655,000 $99,435,000 6.2% 0.9%
LOANDEPOT.COM, LLC $272,125,000 $98,480,000 -63.8% 0.9%
Bank of America $150,195,000 $97,765,000 -34.9% 0.9%
CMG MORTGAGE, INC. $78,330,000 $84,740,000 8.2% 0.8%
Tidewater Home Funding, LLC $109,890,000 $72,595,000 -33.9% 0.7%
C & F Mortgage Corporation $94,150,000 $70,015,000 -25.6% 0.6%
Alcova Mortgage LLC $102,095,000 $68,705,000 -32.7% 0.6%
Atlantic Union Bank $116,305,000 $63,385,000 -45.5% 0.6%
CROSSCOUNTRY MORTGAGE, LLC $38,645,000 $61,955,000 60.3% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $70,295,000 $61,025,000 -13.2% 0.6%
The Old Point National Bank of Phoebus $73,025,000 $55,840,000 -23.5% 0.5%
1ST ADVANTAGE FEDERAL CREDIT UNION $56,190,000 $55,505,000 -1.2% 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $64,125,000 $55,110,000 -14.1% 0.5%
BROKER SOLUTIONS, INC. $71,350,000 $54,190,000 -24.1% 0.5%
NORTHMARQ CAPITAL FINANCE, L.L.C. $53,040,000 n/a 0.5%
Mr. Cooper ( Nationstar Mortgage ) $130,715,000 $52,250,000 -60.0% 0.5%
Southern Bank and Trust Company $96,165,000 $52,180,000 -45.7% 0.5%
LENDINGHOME FUNDING CORPORATION $53,215,000 $51,725,000 -2.8% 0.5%
AMERICAN FINANCIAL NETWORK, INC. $50,465,000 n/a 0.5%
Flagstar Bank, FSB $36,255,000 $48,915,000 34.9% 0.4%
CARDINAL FINANCIAL $73,460,000 $48,305,000 -34.2% 0.4%
BERKELEY POINT CAPITAL LLC $67,560,000 $48,055,000 -28.9% 0.4%
The Federal Savings Bank $74,430,000 $47,455,000 -36.2% 0.4%
HOMESPIRE MORTGAGE CORPORATION $42,290,000 $46,970,000 11.1% 0.4%
Santander Bank, N.A. $46,905,000 n/a 0.4%
USAA Federal Savings Bank $82,385,000 $46,365,000 -43.7% 0.4%
DHI MORTGAGE COMPANY, LTD. $14,785,000 $46,225,000 212.6% 0.4%
PNC Bank $199,945,000 $44,415,000 -77.8% 0.4%
CAPITAL CENTER, L.L.C. $115,315,000 $43,330,000 -62.4% 0.4%
Plains Commerce Bank $22,125,000 $41,815,000 89.0% 0.4%
EMM LOANS LLC $61,610,000 $41,750,000 -32.2% 0.4%
U.S. Bank $65,475,000 $40,705,000 -37.8% 0.4%
CHARTWAY FEDERAL CREDIT UNION $45,985,000 $39,920,000 -13.2% 0.4%
JPMorgan Chase Bank $77,355,000 $39,615,000 -48.8% 0.4%
Ameris Bank $68,190,000 $38,940,000 -42.9% 0.4%
PENTAGON FEDERAL CREDIT UNION $64,300,000 $38,940,000 -39.4% 0.4%
GUARANTEED RATE, INC. $51,065,000 $37,175,000 -27.2% 0.3%
Virginia Credit Union, Inc. $13,865,000 $34,325,000 147.6% 0.3%
NewTowne Mortgage, LLC $191,545,000 $34,060,000 -82.2% 0.3%
AMERISAVE MORTGAGE CORPORATION $82,990,000 $32,475,000 -60.9% 0.3%
Citizens Bank $67,375,000 $32,365,000 -52.0% 0.3%
Citibank $7,195,000 $31,540,000 338.4% 0.3%
TD Bank $15,205,000 $31,220,000 105.3% 0.3%
GREYSTONE SERVICING COMPANY LLC $22,555,000 $30,500,000 35.2% 0.3%
Blue Ridge Bank $67,475,000 $29,415,000 -56.4% 0.3%
ABNB Federal Credit Union $63,260,000 $28,645,000 -54.7% 0.3%
Dollar Bank, Federal Savings Bank $42,115,000 $28,260,000 -32.9% 0.3%
DRAGAS MORTGAGE COMPANY $34,535,000 $27,500,000 -20.4% 0.2%
NEW DAY FINANCIAL, LLC $48,580,000 $26,760,000 -44.9% 0.2%
Presidential Bank, FSB $8,740,000 $26,440,000 202.5% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $25,400,000 $25,055,000 -1.4% 0.2%
Community Bank of the Chesapeake $69,595,000 $24,770,000 -64.4% 0.2%
Carrington Mortgage Services, LLC $38,580,000 $24,440,000 -36.7% 0.2%
CBRE MULTIFAMILY CAPITAL, INC. $23,875,000 n/a 0.2%
EAGLE HOME MORTGAGE, LLC $24,310,000 $23,725,000 -2.4% 0.2%
Morgan Stanley Private Bank $18,150,000 $23,300,000 28.4% 0.2%
FIRST COMMUNITY MORTGAGE, INC. $1,190,000 $22,850,000 1,820.2% 0.2%
NBKC BANK $28,360,000 $22,370,000 -21.1% 0.2%
VILLAGE CAPITAL MORTGAGE $15,230,000 $22,270,000 46.2% 0.2%
STATE EMPLOYEES' $29,760,000 $20,010,000 -32.8% 0.2%
LIMA ONE CAPITAL, LLC $21,175,000 $19,775,000 -6.6% 0.2%
NFM, INC. $22,580,000 $19,390,000 -14.1% 0.2%
First National Bank of Pennsylvania $15,840,000 $19,035,000 20.2% 0.2%
HOMESIDE FINANCIAL, LLC $33,560,000 $17,840,000 -46.8% 0.2%
Chesapeake Bank $36,400,000 $16,970,000 -53.4% 0.2%
GUILD MORTGAGE COMPANY $9,790,000 $16,610,000 69.7% 0.2%
Discover Bank $10,955,000 $16,265,000 48.5% 0.1%
Armed Forces Bank $17,645,000 $15,640,000 -11.4% 0.1%
Sierra Pacific Mortgage Company, Inc. $15,050,000 $15,495,000 3.0% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $16,615,000 $14,885,000 -10.4% 0.1%
Equity Prime Mortgage LLC $17,665,000 $14,740,000 -16.6% 0.1%
CHURCHILL MORTGAGE CORPORATION $10,415,000 $14,570,000 39.9% 0.1%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $6,435,000 $13,965,000 117.0% 0.1%
Paramount Residential Mortgage Group, Inc. $26,690,000 $13,935,000 -47.8% 0.1%
Merchants Capital Corp. $13,605,000 n/a 0.1%
EagleBank $1,685,000 $12,725,000 655.2% 0.1%
First-Citizens Bank & Trust Company $6,215,000 $12,340,000 98.6% 0.1%
EMBRACE HOME LOANS, INC. $17,580,000 $11,895,000 -32.3% 0.1%
Barrington Bank & Trust Company, N.A. $13,340,000 $11,885,000 -10.9% 0.1%
Citizens and Farmers Bank $25,105,000 $11,705,000 -53.4% 0.1%
NATIONS DIRECT MORTGAGE, LLC $14,100,000 $11,645,000 -17.4% 0.1%
PLANET HOME LENDING, LLC $48,315,000 $11,485,000 -76.2% 0.1%
Capital Bank $1,505,000 $11,365,000 655.1% 0.1%
United Bank $4,080,000 $11,215,000 174.9% 0.1%
RELIANCE FIRST CAPITAL, LLC $14,870,000 $11,200,000 -24.7% 0.1%
North American Savings Bank, F.S.B. $32,000,000 $11,150,000 -65.2% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $15,050,000 $11,085,000 -26.3% 0.1%
LOANPAL, LLC $41,315,000 $11,080,000 -73.2% 0.1%
George Mason Mortgage, LLC $58,165,000 $10,930,000 -81.2% 0.1%
GoPrime Mortgage, Inc. $28,390,000 $10,905,000 -61.6% 0.1%
Figure Lending LLC $9,235,000 $10,670,000 15.5% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $5,505,000 $10,640,000 93.3% 0.1%
CITY FIRST MORTGAGE SERVICES, L.L.C. $10,450,000 n/a 0.1%
BAY EQUITY LLC $5,720,000 $10,320,000 80.4% 0.1%
OCMBC, INC. $6,195,000 $9,900,000 59.8% 0.1%
SeaTrust Mortgage Company $1,340,000 $9,740,000 626.9% 0.1%
CLEARPATH LENDING $10,565,000 $9,585,000 -9.3% 0.1%
FIDELITY DIRECT MORTGAGE, LLC $13,720,000 $9,430,000 -31.3% 0.1%
SWBC MORTGAGE CORPORATION $8,225,000 $9,360,000 13.8% 0.1%
FIRST HOME MORTGAGE CORPORATION $14,270,000 $9,135,000 -36.0% 0.1%
INTERCOASTAL MORTGAGE COMPANY $13,415,000 $9,105,000 -32.1% 0.1%
T2 FINANCIAL LLC $1,620,000 $9,085,000 460.8% 0.1%
The Huntington National Bank $6,760,000 $9,020,000 33.4% 0.1%
Magnolia Bank $7,780,000 $8,810,000 13.2% 0.1%
Arbor Realty Trust, Inc. $29,055,000 $8,760,000 -69.9% 0.1%
Regions Bank $18,295,000 $8,610,000 -52.9% 0.1%
AMWEST FUNDING CORP. $8,890,000 $8,350,000 -6.1% 0.1%
Keystone Funding, Inc. $8,190,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $46,215,000 $8,150,000 -82.4% 0.1%
UNION HOME MORTGAGE CORP. $9,930,000 $7,960,000 -19.8% 0.1%
First Horizon Bank $3,865,000 $7,930,000 105.2% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $19,510,000 $7,920,000 -59.4% 0.1%
BEACH MUNICIPAL FEDERAL CREDIT UNION $4,860,000 $7,635,000 57.1% 0.1%
Bronco Federal Credit Union $11,380,000 $7,625,000 -33.0% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $12,590,000 $7,620,000 -39.5% 0.1%
Barings Multifamily Capital $7,615,000 n/a 0.1%
ISERVE RESIDENTIAL LENDING, LLC $6,790,000 $7,480,000 10.2% 0.1%
KeyBank $71,275,000 $7,440,000 -89.6% 0.1%
BNC National Bank $11,570,000 $7,370,000 -36.3% 0.1%
Carter Bank & Trust $7,320,000 n/a 0.1%
Charles Schwab Bank, SSB $5,140,000 $7,295,000 41.9% 0.1%
TOWER $7,170,000 $7,170,000 0.0% 0.1%
MILEND, INC. $10,880,000 $7,030,000 -35.4% 0.1%
MID AMERICA MORTGAGE, INC. $3,465,000 $6,950,000 100.6% 0.1%
First Heritage Mortgage, LLC $20,185,000 $6,945,000 -65.6% 0.1%
GENEVA FINANCIAL, LLC $3,480,000 $6,945,000 99.6% 0.1%
MORIA DEVELOPMENT, INC. $2,190,000 $6,655,000 203.9% 0.1%
Third Federal Savings and Loan Association of Cleveland $9,295,000 $6,480,000 -30.3% 0.1%
UBS Bank USA $16,850,000 $6,315,000 -62.5% 0.1%
Northpointe Bank $13,080,000 $6,235,000 -52.3% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $6,350,000 $6,230,000 -1.9% 0.1%
MCLEAN MORTGAGE CORPORATION $63,315,000 $6,135,000 -90.3% 0.1%
United Nations Federal Credit Union $5,080,000 $5,950,000 17.1% 0.1%
HOMEXPRESS MORTGAGE CORP. $425,000 $5,925,000 1,294.1% 0.1%
M&T Bank $11,840,000 $5,890,000 -50.3% 0.1%
PLAZA HOME MORTGAGE, INC. $1,930,000 $5,870,000 204.1% 0.1%
FINANCE OF AMERICA REVERSE LLC $2,875,000 $5,760,000 100.3% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $4,040,000 $5,705,000 41.2% 0.1%
First National Bank of America $6,980,000 $5,560,000 -20.3% 0.1%
Mid-Continent Funding, Inc. $12,330,000 $5,395,000 -56.2% 0.0%
BMO Harris Bank $435,000 $5,295,000 1,117.2% 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $5,370,000 $5,220,000 -2.8% 0.0%
JOHNSON MORTGAGE COMPANY, L.L.C. $8,485,000 $5,170,000 -39.1% 0.0%
NexBank $1,865,000 $5,160,000 176.7% 0.0%
DEEPHAVEN MORTGAGE LLC $1,100,000 $5,070,000 360.9% 0.0%
ZILLOW HOME LOANS, LLC $6,005,000 $5,000,000 -16.7% 0.0%
FAY SERVICING, LLC $5,345,000 $4,955,000 -7.3% 0.0%
FIRST SAVINGS MORTGAGE CORPORATION $4,515,000 $4,915,000 8.9% 0.0%
SONABANK $6,440,000 $4,725,000 -26.6% 0.0%
LENDINGONE, LLC $10,190,000 $4,700,000 -53.9% 0.0%
PHH Mortgage Corporation $8,205,000 $4,680,000 -43.0% 0.0%
Commerce Home Mortgage, Inc. $5,890,000 $4,655,000 -21.0% 0.0%
Hometown Equity Mortgage, LLC $8,840,000 $4,485,000 -49.3% 0.0%
ARC HOME LLC $1,050,000 $4,420,000 321.0% 0.0%
Lakeview Community Capital, LLC $16,670,000 $4,260,000 -74.4% 0.0%
DOMINION FINANCIAL SERVICES, LLC $7,805,000 $4,185,000 -46.4% 0.0%
BETTER MORTGAGE CORPORATION $30,335,000 $4,030,000 -86.7% 0.0%
INTERCAP LENDING INC. $2,860,000 $3,980,000 39.2% 0.0%
First Federal Bank $9,670,000 $3,885,000 -59.8% 0.0%
ORIX REAL ESTATE CAPITAL, LLC $3,810,000 n/a 0.0%
LEADERONE FINANCIAL CORPORATION $6,615,000 $3,790,000 -42.7% 0.0%
Loan Simple, Inc. $25,200,000 $3,625,000 -85.6% 0.0%
SPRING EQ, LLC $9,300,000 $3,615,000 -61.1% 0.0%
Evolve Bank & Trust $5,350,000 $3,550,000 -33.6% 0.0%
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. $1,020,000 $3,545,000 247.5% 0.0%
PREMIA MORTGAGE, LLC $4,085,000 $3,405,000 -16.6% 0.0%
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. $3,750,000 $3,395,000 -9.5% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $6,520,000 $3,280,000 -49.7% 0.0%
VAN DYK MORTGAGE CORPORATION $1,890,000 $3,210,000 69.8% 0.0%
AMERICAN HERITAGE LENDING, INC. $1,125,000 $3,195,000 184.0% 0.0%
Farmers Bank & Trust $830,000 $3,110,000 274.7% 0.0%
The Central Trust Bank $4,250,000 $3,065,000 -27.9% 0.0%
Waterstone Mortgage Corporation $1,950,000 $3,010,000 54.4% 0.0%
Logan Finance Corporation $2,965,000 n/a 0.0%
Strong Home Mortgage, LLC $11,285,000 $2,930,000 -74.0% 0.0%
GUARANTEED RATE AFFINITY, LLC $2,940,000 $2,915,000 -0.9% 0.0%
GREENWAY MORTGAGE FUNDING CORP. $2,875,000 n/a 0.0%
AMERICAN FINANCING CORPORATION $13,020,000 $2,860,000 -78.0% 0.0%
LONGBRIDGE FINANCIAL, LLC $3,265,000 $2,860,000 -12.4% 0.0%
Sandy Spring Bank $34,745,000 $2,835,000 -91.8% 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $7,595,000 $2,770,000 -63.5% 0.0%
DATA MORTGAGE, INC. $6,630,000 $2,740,000 -58.7% 0.0%
MICHIGAN MUTUAL, INC. $1,230,000 $2,670,000 117.1% 0.0%
Kwik Mortgage Corporation $2,900,000 $2,555,000 -11.9% 0.0%
UNITED NORTHERN MORTGAGE BANKERS LIMITED $1,260,000 $2,525,000 100.4% 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $1,910,000 $2,510,000 31.4% 0.0%
Citadel Servicing Corporation $1,545,000 $2,505,000 62.1% 0.0%
First Savings Bank $3,510,000 $2,500,000 -28.8% 0.0%
Nations Lending Corporation $23,380,000 $2,470,000 -89.4% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $4,235,000 $2,450,000 -42.1% 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $1,620,000 $2,435,000 50.3% 0.0%
HOMESTEAD FUNDING CORP. $2,185,000 $2,405,000 10.1% 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $1,655,000 $2,385,000 44.1% 0.0%
MORTGAGE ACCESS CORP. $1,245,000 $2,270,000 82.3% 0.0%
EVERETT FINANCIAL, INC. $7,095,000 $2,225,000 -68.6% 0.0%
NEW WAVE LENDING GROUP INC $895,000 $2,225,000 148.6% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $10,030,000 $2,185,000 -78.2% 0.0%
State Department Federal Credit Union $1,245,000 $2,180,000 75.1% 0.0%
ABSOLUTE HOME MORTGAGE CORPORATION $4,815,000 $2,120,000 -56.0% 0.0%
Princeton Mortgage Corporation $610,000 $2,100,000 244.3% 0.0%
Fifth Third Bank $3,745,000 $2,075,000 -44.6% 0.0%
THRIVE MORTGAGE, LLC $3,385,000 $2,070,000 -38.8% 0.0%
Apple Federal Credit Union $2,060,000 $2,060,000 0.0% 0.0%
Vellum Mortgage, Inc. $2,995,000 $2,045,000 -31.7% 0.0%
Residential Mortgage Solutions, Inc. $1,815,000 $2,025,000 11.6% 0.0%
ROYAL UNITED MORTGAGE LLC $3,990,000 $2,010,000 -49.6% 0.0%
CONTOUR MORTGAGE CORPORATION $3,900,000 $2,005,000 -48.6% 0.0%
Stifel Bank and Trust $2,910,000 $1,995,000 -31.4% 0.0%
TOP FLITE FINANCIAL, INC. $510,000 $1,990,000 290.2% 0.0%
GSF Mortgage Corporation $1,930,000 $1,920,000 -0.5% 0.0%
Northwest Federal Credit Union $2,550,000 $1,920,000 -24.7% 0.0%
TOWNE MORTGAGE COMPANY $9,535,000 $1,900,000 -80.1% 0.0%
INTELLILOAN, INC. $235,000 $1,835,000 680.9% 0.0%
MORTGAGEONE, INC. $760,000 $1,820,000 139.5% 0.0%
Advisors Mortgage Group, L.L.C. $495,000 $1,760,000 255.6% 0.0%
CORNERSTONE HOME LENDING, INC. $3,880,000 $1,760,000 -54.6% 0.0%
Ixonia Bank $2,740,000 $1,745,000 -36.3% 0.0%
ALLIANT CREDIT UNION $2,115,000 $1,720,000 -18.7% 0.0%
UNIVERSAL MORTGAGE & FINANCE, INC. $3,760,000 $1,705,000 -54.7% 0.0%
COASTAL Federal Credit Union $1,975,000 $1,685,000 -14.7% 0.0%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $5,355,000 $1,680,000 -68.6% 0.0%
Burke & Herbert Bank & Trust Company $195,000 $1,675,000 759.0% 0.0%
Century Mortgage Company DBA Century Lending Company $1,170,000 $1,675,000 43.2% 0.0%
NJ LENDERS CORP. $365,000 $1,675,000 358.9% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,675,000 n/a 0.0%
JAMS-01, INC. $1,465,000 $1,660,000 13.3% 0.0%
Ally Bank $2,900,000 $1,645,000 -43.3% 0.0%
LENDSURE MORTGAGE CORP. $1,400,000 $1,620,000 15.7% 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $12,330,000 $1,590,000 -87.1% 0.0%
Shamrock Home Loans, Inc. $2,440,000 $1,585,000 -35.0% 0.0%
ALLIED MORTGAGE GROUP, INC. $4,440,000 $1,570,000 -64.6% 0.0%
American Mortgage & Equity Consultants, Inc. $1,545,000 n/a 0.0%
DIGITAL Federal Credit Union $1,295,000 $1,520,000 17.4% 0.0%
HomePromise Corporation $275,000 $1,500,000 445.5% 0.0%
Integrity Home Mortgage Corp $3,340,000 $1,500,000 -55.1% 0.0%
DAS Acquisition Company, LLC $4,960,000 $1,480,000 -70.2% 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $3,245,000 $1,470,000 -54.7% 0.0%
SUMMIT FUNDING, INC. $580,000 $1,420,000 144.8% 0.0%
TOGETHER CREDIT UNION $2,155,000 $1,415,000 -34.3% 0.0%
PLUS RELOCATION MORTGAGE, LLC $175,000 $1,405,000 702.9% 0.0%
Peoples Bank $315,000 $1,395,000 342.9% 0.0%
American Security Mortgage Corp. $1,800,000 $1,390,000 -22.8% 0.0%
Service Federal Credit Union $1,400,000 $1,365,000 -2.5% 0.0%
Park Lane Finance Solutions, LLC $470,000 $1,360,000 189.4% 0.0%
MY MORTGAGE, INC. $175,000 $1,355,000 674.3% 0.0%
SOMERSET TRUST COMPANY $1,540,000 $1,355,000 -12.0% 0.0%
Colonial Savings, F.A. $1,590,000 $1,310,000 -17.6% 0.0%
Bank of the James $9,475,000 $1,305,000 -86.2% 0.0%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $465,000 $1,295,000 178.5% 0.0%
RANLIFE, INC. $1,015,000 $1,280,000 26.1% 0.0%
Coastal Community Bank $1,265,000 n/a 0.0%
FREEDOM FIRST $325,000 $1,265,000 289.2% 0.0%
A&D Mortgage LLC $1,705,000 $1,260,000 -26.1% 0.0%
Meridian Bank Corporation $3,245,000 $1,250,000 -61.5% 0.0%
The Gratz Bank $635,000 $1,240,000 95.3% 0.0%
AmeriHome Mortgage Company, LLC $3,490,000 $1,215,000 -65.2% 0.0%
FIRST TECHNOLOGY $1,205,000 n/a 0.0%
SILVER HILL FUNDING, LLC $2,635,000 $1,205,000 -54.3% 0.0%
Summit Community Bank, Inc. $555,000 $1,185,000 113.5% 0.0%
21ST MORTGAGE CORPORATION $2,010,000 $1,175,000 -41.5% 0.0%
VILLAGE BANK MORTGAGE CORPORATION $4,610,000 $1,170,000 -74.6% 0.0%
MEMBER ONE $110,000 $1,130,000 927.3% 0.0%
Aurora Financial, LLC $1,320,000 $1,110,000 -15.9% 0.0%
Colonial Farm Credit, ACA $2,100,000 $1,100,000 -47.6% 0.0%
ServisFirst Bank $7,885,000 $1,095,000 -86.1% 0.0%
THE MORTGAGE LINK, INC. $755,000 $1,090,000 44.4% 0.0%
Bethpage Federal Credit Union $1,900,000 $1,080,000 -43.2% 0.0%
Community First National Bank $145,000 $1,055,000 627.6% 0.0%
NEXTMARK $1,150,000 $1,055,000 -8.3% 0.0%
KINECTA $55,000 $1,035,000 1,781.8% 0.0%
GUIDANCE RESIDENTIAL, LLC $1,200,000 $1,025,000 -14.6% 0.0%
NORTHPOINT MORTGAGE, INC. $1,020,000 n/a 0.0%
ALLEGACY FEDERAL CREDIT UNION $915,000 $1,010,000 10.4% 0.0%
Fidelity Bank $965,000 n/a 0.0%
Bank of England $4,975,000 $935,000 -81.2% 0.0%
Baxter Credit Union $2,970,000 $925,000 -68.9% 0.0%
MLD MORTGAGE INC. $985,000 $920,000 -6.6% 0.0%
Sunflower Bank $805,000 $920,000 14.3% 0.0%
THE MORTGAGE FIRM, INC. $805,000 $905,000 12.4% 0.0%
CityWorth Mortgage LLC $4,215,000 $890,000 -78.9% 0.0%
FIRST MORTGAGE COMPANY, INC. $345,000 $890,000 158.0% 0.0%
RF Renovo Management Company, LLC $885,000 n/a 0.0%
1ST SIGNATURE LENDING, LLC $275,000 $870,000 216.4% 0.0%
Arvest Bank $1,385,000 $865,000 -37.5% 0.0%
SOUTHWEST STAGE FUNDING, LLC $820,000 $865,000 5.5% 0.0%
Raymond James Bank $8,110,000 $860,000 -89.4% 0.0%
University Bank $860,000 n/a 0.0%
AgFirst Farm Credit Bank $2,050,000 $855,000 -58.3% 0.0%
RESIDENTIAL BANCORP $3,715,000 $855,000 -77.0% 0.0%
OAKTREE FUNDING CORP. $225,000 $850,000 277.8% 0.0%
Wyndham Capital Mortgage, Inc. $20,295,000 $840,000 -95.9% 0.0%
RBC Bank, (Georgia) $1,230,000 $820,000 -33.3% 0.0%
LOANLEADERS OF AMERICA, INC. $605,000 $810,000 33.9% 0.0%
Amalgamated Bank $1,730,000 $805,000 -53.5% 0.0%
Farmers and Merchants Trust Company of Chambersburg $805,000 n/a 0.0%
First Bank $145,000 $795,000 448.3% 0.0%
WesBanco $1,035,000 $790,000 -23.7% 0.0%
ADVANCIAL $385,000 $775,000 101.3% 0.0%
QUORUM FEDERAL CREDIT UNION $1,525,000 $775,000 -49.2% 0.0%
Virginia Partners Bank $235,000 $775,000 229.8% 0.0%
ACADEMY MORTGAGE CORPORATION $480,000 $765,000 59.4% 0.0%
Signature Federal Credit Union $390,000 $760,000 94.9% 0.0%
NP, Inc. $4,740,000 $745,000 -84.3% 0.0%
Bank of Charles Town $725,000 n/a 0.0%
Calvin B. Taylor Banking Company of Berlin, Maryland $725,000 n/a 0.0%
FIRST OHIO HOME FINANCE, INC. $585,000 $725,000 23.9% 0.0%
Frontier Community Bank $725,000 n/a 0.0%
GEORGIA'S OWN $240,000 $720,000 200.0% 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $1,670,000 $715,000 -57.2% 0.0%
MIDLAND MORTGAGE CORPORATION $555,000 $715,000 28.8% 0.0%
SOUTHPOINT FINANCIAL SERVICES, INC. $900,000 $705,000 -21.7% 0.0%
DUPONT COMMUNITY $1,805,000 $700,000 -61.2% 0.0%
STAUNTON FINANCIAL, INC. $700,000 n/a 0.0%
CIVIC FINANCIAL SERVICES, LLC $7,650,000 $695,000 -90.9% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $5,315,000 $685,000 -87.1% 0.0%
First Option Mortgage, LLC $3,165,000 $685,000 -78.4% 0.0%
NATION ONE MORTGAGE CORPORATION $1,480,000 $680,000 -54.1% 0.0%
Red River Bank $245,000 $680,000 177.6% 0.0%
BAYCOAST MORTGAGE COMPANY, LLC $675,000 n/a 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $2,755,000 $665,000 -75.9% 0.0%
Towne First Mortgage, LLC $1,305,000 $665,000 -49.0% 0.0%
S1L, Inc. $660,000 n/a 0.0%
MANN FINANCIAL INC. $1,080,000 $655,000 -39.4% 0.0%
Securityplus FCU $645,000 n/a 0.0%
Summit Mortgage Corporation $215,000 $640,000 197.7% 0.0%
Wilmington Savings Fund Society, FSB $1,515,000 $640,000 -57.8% 0.0%
First Reliance Bank $635,000 n/a 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $135,000 $635,000 370.4% 0.0%
GEO-CORP, INC. $625,000 $630,000 0.8% 0.0%
LIBERTY HOME MORTGAGE CORPORATION $715,000 $630,000 -11.9% 0.0%
Village Bank $625,000 n/a 0.0%
ONY GLO, INC. $975,000 $615,000 -36.9% 0.0%
AgCarolina Farm Credit, FLCA $1,230,000 $610,000 -50.4% 0.0%
LEGEND LENDING CORPORATION $600,000 n/a 0.0%
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED $3,365,000 $600,000 -82.2% 0.0%
UIF CORPORATION $805,000 $600,000 -25.5% 0.0%
US MORTGAGE CORPORATION $1,615,000 $600,000 -62.8% 0.0%
HOMEOWNERS FINANCIAL GROUP USA, LLC $595,000 n/a 0.0%
Member Options, LLC $595,000 n/a 0.0%
Encompass Lending Group, LP $855,000 $590,000 -31.0% 0.0%
DELMAR FINANCIAL COMPANY $480,000 $585,000 21.9% 0.0%
FIRST ALLIANCE HOME MORTGAGE, LLC $510,000 $585,000 14.7% 0.0%
POINT Mortgage $585,000 n/a 0.0%
Baylands Family Credit Union $460,000 $580,000 26.1% 0.0%
Brighton Bank $580,000 n/a 0.0%
Watermark Capital, Inc. $2,295,000 $570,000 -75.2% 0.0%
Axos Bank $340,000 $560,000 64.7% 0.0%
Union Savings Bank $560,000 n/a 0.0%
EVANSVILLE TEACHERS $550,000 n/a 0.0%
Minster Bank $545,000 n/a 0.0%
DOMINION ENERGY CREDIT UNION $1,520,000 $540,000 -64.5% 0.0%
TOTAL MORTGAGE SERVICES, LLC $515,000 $530,000 2.9% 0.0%
First Bank $145,000 $520,000 258.6% 0.0%
RESIDENTIAL HOME FUNDING CORP. $430,000 $515,000 19.8% 0.0%
SIRVA MORTGAGE, INC. $385,000 $510,000 32.5% 0.0%
Skyline National Bank $1,105,000 $505,000 -54.3% 0.0%
C&F Select LLC $485,000 $500,000 3.1% 0.0%
Cornerstone First Mortgage, Inc $970,000 $500,000 -48.5% 0.0%
OPEN MORTGAGE, LLC $495,000 n/a 0.0%
Neighborhood Loans, Inc. $485,000 n/a 0.0%
Secured Investment Corp. $390,000 $485,000 24.4% 0.0%
MLB RESIDENTIAL LENDING, LLC $470,000 n/a 0.0%
Bank of Hope $455,000 n/a 0.0%
FIDELITY BANK $860,000 $455,000 -47.1% 0.0%
EUSTIS AND AMERICAN MORTGAGE COMPANY $440,000 n/a 0.0%
Metro City Bank $3,690,000 $440,000 -88.1% 0.0%
GUARANTY HOME MORTGAGE CORPORATION $1,150,000 $435,000 -62.2% 0.0%
Beeline Loans, Inc. $1,250,000 $430,000 -65.6% 0.0%
BANKSOUTH MORTGAGE COMPANY, LLC $425,000 n/a 0.0%
GREENSTATE CREDIT UNION $185,000 $425,000 129.7% 0.0%
North State Bank $425,000 n/a 0.0%
Truliant Federal Credit Union $945,000 $425,000 -55.0% 0.0%
The Freedom Bank of Virginia $1,025,000 $420,000 -59.0% 0.0%
TJC Mortgage, Inc. $905,000 $415,000 -54.1% 0.0%
VANTAGE WEST $415,000 n/a 0.0%
AXIA FINANCIAL, LLC $405,000 n/a 0.0%
First Carolina Bank $2,725,000 $405,000 -85.1% 0.0%
SmartBank $405,000 n/a 0.0%
City National Bank $1,560,000 $395,000 -74.7% 0.0%
CALCON MUTUAL MORTGAGE LLC $1,910,000 $385,000 -79.8% 0.0%
GVC MORTGAGE, INC. $385,000 n/a 0.0%
SOUTH CAROLINA FEDERAL CREDIT UNION $205,000 $385,000 87.8% 0.0%
American National Bank & Trust $375,000 n/a 0.0%
City National Bank of West Virginia $65,000 $370,000 469.2% 0.0%
Pinnacle Bank $745,000 $370,000 -50.3% 0.0%
BancorpSouth $700,000 $365,000 -47.9% 0.0%
iCore Lending, Inc. $355,000 n/a 0.0%
INTERLINC MORTGAGE SERVICES, LLC $3,040,000 $355,000 -88.3% 0.0%
Network Funding, L.P. $640,000 $355,000 -44.5% 0.0%
Greenbox Loans, Inc. $155,000 $350,000 125.8% 0.0%
LAFAYETTE FEDERAL CREDIT UNION $275,000 $350,000 27.3% 0.0%
Grand Valley Bank $345,000 n/a 0.0%
Marine Federal Credit Union $345,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $215,000 $340,000 58.1% 0.0%
NMSI, INC. $335,000 n/a 0.0%
PREMIER MORTGAGE RESOURCES, L.L.C. $335,000 n/a 0.0%
Extraco Banks $325,000 n/a 0.0%
ROSS MORTGAGE CORPORATION $485,000 $325,000 -33.0% 0.0%
Brentwood Bank $485,000 $315,000 -35.1% 0.0%
POLARIS HOME FUNDING CORP. $830,000 $315,000 -62.0% 0.0%
UNITED SECURITY FINANCIAL CORP $315,000 n/a 0.0%
Victorian Finance, LLC $315,000 n/a 0.0%
First Federal Bank of Kansas City $570,000 $310,000 -45.6% 0.0%
South State Bank $6,320,000 $310,000 -95.1% 0.0%
Allied First Bank,sb $495,000 $305,000 -38.4% 0.0%
DELTA COMMUNITY CREDIT UNION $440,000 $305,000 -30.7% 0.0%
ENVOY MORTGAGE, LTD $135,000 $305,000 125.9% 0.0%
INTERNATIONAL CITY MORTGAGE, INC. $305,000 n/a 0.0%
JET DIRECT FUNDING CORP $305,000 n/a 0.0%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $305,000 n/a 0.0%
FINANCE OF AMERICA MORTGAGE LLC $21,885,000 $300,000 -98.6% 0.0%
FIRST BANCORP $165,000 $300,000 81.8% 0.0%
Bank of Clarke County $295,000 n/a 0.0%
CenterBank $295,000 n/a 0.0%
GREAT RIVER FEDERAL CREDIT UNION $295,000 n/a 0.0%
IVY MORTGAGE, INC. $330,000 $295,000 -10.6% 0.0%
Old National Bank $565,000 $295,000 -47.8% 0.0%
SELF-HELP Credit Union $295,000 n/a 0.0%
Credence Funding Corporation $940,000 $285,000 -69.7% 0.0%
Dover Federal Credit Union $285,000 n/a 0.0%
NORWICH COMMERCIAL GROUP, INC. $400,000 $285,000 -28.8% 0.0%
Stride Bank $285,000 n/a 0.0%
Alaska USA Federal Credit Union $280,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $835,000 $280,000 -66.5% 0.0%
Eagle Bank and Trust Company $275,000 n/a 0.0%
EASTERN SAVINGS BANK $275,000 n/a 0.0%
Heritage Bank $275,000 n/a 0.0%
HOMESTAR FINANCIAL CORPORATION $1,910,000 $275,000 -85.6% 0.0%
LADERA LENDING, INC. $275,000 n/a 0.0%
NATIONAL COOPERATIVE BANK, N.A. $260,000 $275,000 5.8% 0.0%
Tyndall Federal Credit Union $35,000 $275,000 685.7% 0.0%
Virginia National Bank $265,000 n/a 0.0%
DIRECT MORTGAGE LOANS, LLC $1,790,000 $255,000 -85.8% 0.0%
Grand Bank for Savings, FSB $255,000 n/a 0.0%
NASA Federal Credit Union $255,000 $255,000 0.0% 0.0%
Renasant Bank $730,000 $255,000 -65.1% 0.0%
GENISYS $475,000 $250,000 -47.4% 0.0%
American Mortgage Bank, LLC $245,000 n/a 0.0%
RAPID MORTGAGE COMPANY $365,000 $245,000 -32.9% 0.0%
Bell Bank $240,000 n/a 0.0%
HomeTrust Bank $95,000 $240,000 152.6% 0.0%
MID-ISLAND MORTGAGE CORP. $1,695,000 $235,000 -86.1% 0.0%
RESOURCE FINANCIAL SERVICES, INC. $235,000 n/a 0.0%
SKYONE Federal Credit Union $35,000 $235,000 571.4% 0.0%
Suncoast Credit Union $235,000 n/a 0.0%
American Airlines Federal Credit Union $340,000 $230,000 -32.4% 0.0%
The National Capital Bank of Washington $230,000 n/a 0.0%
ALAMEDA MORTGAGE CORPORATION $225,000 n/a 0.0%
DUPACO COMMUNITY $225,000 n/a 0.0%
Leader Bank $225,000 n/a 0.0%
STAR ONE CREDIT UNION $395,000 $225,000 -43.0% 0.0%
VERITAS FUNDING, LLC $225,000 n/a 0.0%
WRIGHT-PATT CREDIT UNION, INC. $225,000 n/a 0.0%
Benchmark Community Bank $35,000 $220,000 528.6% 0.0%
1st State Financial, Ltd. $215,000 n/a 0.0%
COMMONWEALTH ONE FEDERAL CREDIT UNION $85,000 $215,000 152.9% 0.0%
LOGIX FEDERAL CREDIT UNION $640,000 $215,000 -66.4% 0.0%
CIBM Bank $205,000 n/a 0.0%
Citizens Bank and Trust Company $205,000 n/a 0.0%
Constant Investments, Inc. $205,000 n/a 0.0%
GTE Federal Credit Union $290,000 $205,000 -29.3% 0.0%
NATIONS RELIABLE LENDING, LLC $3,870,000 $205,000 -94.7% 0.0%
Northwest Bank $205,000 n/a 0.0%
ASSEMBLIES OF GOD Credit Union $195,000 n/a 0.0%
First State Bank of St. Charles, Missouri $1,235,000 $195,000 -84.2% 0.0%
CRESCENT MORTGAGE COMPANY $145,000 $185,000 27.6% 0.0%
EQUITY RESOURCES, INC. $1,450,000 $185,000 -87.2% 0.0%
MEMBERS 1ST FEDERAL CREDIT UNION $185,000 n/a 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $1,090,000 $185,000 -83.0% 0.0%
Connexus Credit Union $180,000 n/a 0.0%
NORTHERN STAR CREDIT UNION, INC. $215,000 $180,000 -16.3% 0.0%
N R L Federal Credit Union $1,920,000 $180,000 -90.6% 0.0%
Bank-Fund Staff Federal Credit Union $1,385,000 $175,000 -87.4% 0.0%
V.I.P. MORTGAGE, INC. $175,000 n/a 0.0%
FOUNDATION MORTGAGE CORPORATION $165,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $510,000 $165,000 -67.6% 0.0%
UNION SQUARE $165,000 n/a 0.0%
United States Senate Federal Credit Union $150,000 $165,000 10.0% 0.0%
Call Federal Credit Union $315,000 $150,000 -52.4% 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $3,085,000 $145,000 -95.3% 0.0%
DIRECT MORTGAGE, CORP. $135,000 n/a 0.0%
ENCORE BANK $135,000 n/a 0.0%
ARLINGTON COMMUNITY $155,000 $125,000 -19.4% 0.0%
CONSUMERS COOPERATIVE CREDIT UNION $125,000 n/a 0.0%
HANSCOM $650,000 $125,000 -80.8% 0.0%
MYCUMORTGAGE, LLC $155,000 $125,000 -19.4% 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $155,000 $115,000 -25.8% 0.0%
Bank of Idaho $105,000 n/a 0.0%
EDUCATIONAL SYSTEMS $375,000 $105,000 -72.0% 0.0%
NEXERA HOLDING LLC $105,000 n/a 0.0%
UTILITIES EMPLOYEES CREDIT UNION $260,000 $95,000 -63.5% 0.0%
AFFINITY $295,000 $85,000 -71.2% 0.0%
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $555,000 $85,000 -84.7% 0.0%
GREENWOOD $85,000 n/a 0.0%
Southern Bank $85,000 $85,000 0.0% 0.0%
Specialized Loan Servicing LLC $85,000 n/a 0.0%
UNITED $45,000 $85,000 88.9% 0.0%
The Canandaigua National Bank and Trust Company $75,000 n/a 0.0%
UNIVERSITY CREDIT UNION $75,000 n/a 0.0%
VERIDIAN CREDIT UNION $65,000 n/a 0.0%
JUSTICE Federal Credit Union $265,000 $60,000 -77.4% 0.0%
American National Bank and Trust Company $55,000 n/a 0.0%
Community Trust Bank, Inc. $55,000 n/a 0.0%
PRINCE GEORGE'S COMMUNITY $55,000 n/a 0.0%
Signal Financial Federal Credit Union $175,000 $55,000 -68.6% 0.0%
USAlliance Federal Credit Union $640,000 $55,000 -91.4% 0.0%
Ardent Federal Credit Union $35,000 n/a 0.0%
HUDSON HERITAGE $35,000 n/a 0.0%
CORNING $350,000 $25,000 -92.9% 0.0%
FEDCHOICE Federal Credit Union $85,000 $25,000 -70.6% 0.0%
Home Loan Investment Bank, F.S.B. $635,000 $25,000 -96.1% 0.0%
CITIZENS EQUITY FIRST $25,000 $15,000 -40.0% 0.0%

VIRGINIA BEACH - NORFOLK - NEWPORT NEWS's top lender by overall market share is ATLANTIC BAY MORTGAGE GROUP, L.L.C., with 6.4% market share. In second place, with 5.3%, is Mortgage Research Center, LLC, having originated $579,825,000 in loans. In third place, with 5.1%, is AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC, having originated $564,130,000 in loans. In fourth place, with 4.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $543,970,000 in loans. In fifth place, with 4.8%, is NAVY FEDERAL CREDIT UNION, having originated $527,835,000 in loans.


VIRGINIA BEACH - NORFOLK - NEWPORT NEWS Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - VIRGINIA BEACH - NORFOLK - NEWPORT NEWS (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 $259,950 (4.0%) $339,419 (4.2%) 0.96 9,291
2018-02-01 $259,949 (4.0%) $337,864 (3.7%) 0.94 9,440
2018-03-01 $268,000 (4.3%) $341,532 (3.0%) 0.94 9,748
2018-04-01 $270,973 (3.1%) $347,750 (2.9%) 0.92 10,134
2018-05-01 $275,000 (3.0%) $353,561 (3.0%) 0.92 10,364
2018-06-01 $279,900 (4.5%) $354,376 (2.8%) 0.93 10,711
2018-07-01 $277,950 (4.9%) $351,885 (3.1%) 0.93 10,856
2018-08-01 $275,450 (4.7%) $350,261 (3.3%) 0.92 10,855
2018-09-01 $275,000 (5.8%) $349,565 (3.2%) 0.92 10,622
2018-10-01 $271,125 (2.4%) $347,084 (1.2%) 0.92 10,558
2018-11-01 $269,913 (3.8%) $346,347 (1.7%) 0.92 10,200
2018-12-01 $270,000 (3.9%) $347,443 (2.3%) 0.93 9,698
2019-01-01 $274,495 (5.6%) $346,475 (2.1%) 0.95 9,192
2019-02-01 $275,000 (5.8%) $343,782 (1.8%) 0.93 8,662
2019-03-01 $281,424 (5.0%) $351,931 (3.0%) 0.92 9,013
2019-04-01 $291,995 (7.8%) $368,650 (6.0%) 0.93 9,376
2019-05-01 $295,000 (7.3%) $370,594 (4.8%) 0.92 9,881
2019-06-01 $295,000 (5.4%) $371,915 (5.0%) 0.92 9,990
2019-07-01 $295,000 (6.1%) $373,546 (6.2%) 0.92 9,822
2019-08-01 $293,539 (6.6%) $373,489 (6.6%) 0.93 9,509
2019-09-01 $291,498 (6.0%) $373,799 (6.9%) 0.93 9,119
2019-10-01 $289,906 (6.9%) $373,411 (7.6%) 0.94 8,811
2019-11-01 $290,000 (7.4%) $374,798 (8.2%) 0.95 8,323
2019-12-01 $299,000 (10.7%) $379,811 (9.3%) 1.00 7,285
2020-01-01 $295,450 (7.6%) $378,488 (9.2%) 0.99 6,791
2020-02-01 $299,000 (8.7%) $381,675 (11.0%) 0.98 6,855
2020-03-01 $299,945 (6.6%) $382,600 (8.7%) 0.94 6,993
2020-04-01 $302,450 (3.6%) $384,999 (4.4%) 0.95 6,975
2020-05-01 $311,270 (5.5%) $394,147 (6.4%) 0.95 6,720
2020-06-01 $319,950 (8.5%) $405,908 (9.1%) 0.94 6,173
2020-07-01 $323,612 (9.7%) $406,848 (8.9%) 0.94 5,868
2020-08-01 $324,900 (10.7%) $412,834 (10.5%) 0.93 5,315
2020-09-01 $319,950 (9.8%) $409,537 (9.6%) 0.92 5,071
2020-10-01 $309,900 (6.9%) $407,696 (9.2%) 0.89 4,794
2020-11-01 $304,023 (4.8%) $407,979 (8.9%) 0.89 4,642
2020-12-01 $299,700 (0.2%) $401,424 (5.7%) 0.89 4,198
2021-01-01 $299,900 (1.5%) $399,836 (5.6%) 0.90 3,750
2021-02-01 $299,900 (0.3%) $403,108 (5.6%) 0.87 3,491
2021-03-01 $299,995 (0.0%) $404,401 (5.7%) 0.85 3,320
2021-04-01 $305,000 (0.8%) $402,911 (4.7%) 0.83 3,501
2021-05-01 $305,000 (-2.0%) $410,598 (4.2%) 0.81 3,567
2021-06-01 $305,000 (-4.7%) $409,582 (0.9%) 0.80 3,861
2021-07-01 $305,000 (-5.8%) $407,657 (0.2%) 0.80 4,133
2021-08-01 $299,900 (-7.7%) $407,012 (-1.4%) 0.80 4,332
2021-09-01 $300,000 (-6.2%) $413,111 (0.9%) 0.80 4,250
2021-10-01 $300,000 (-3.2%) $414,569 (1.7%) 0.80 4,008
2021-11-01 $300,000 (-1.3%) $411,152 (0.8%) 0.80 3,652
2021-12-01 $302,450 (0.9%) $411,186 (2.4%) 0.82 3,102
2022-01-01 $312,250 (4.1%) $420,688 (5.2%) 0.84 2,541
2022-02-01 $319,450 (6.5%) $421,048 (4.5%) 0.83 2,271
2022-03-01 $327,000 (9.0%) $431,180 (6.6%) 0.82 2,232
2022-04-01 $339,500 (11.3%) $444,919 (10.4%) 0.81 2,377
2022-05-01 $349,998 (14.8%) $453,803 (10.5%) 0.80 2,852
2022-06-01 $350,000 (14.8%) $459,304 (12.1%) 0.78 3,241
2022-07-01 $350,000 (14.8%) $466,969 (14.6%) 0.79 3,648
2022-08-01 $349,900 (16.7%) $465,105 (14.3%) 0.81 3,741
2022-09-01 $348,950 (16.3%) $462,051 (11.9%) 0.82 3,647
2022-10-01 $359,900 (20.0%) $470,183 (13.4%) 0.85 3,560
2022-11-01 $359,450 (19.8%) $464,858 (13.1%) 0.86 3,666
2022-12-01 $360,000 (19.0%) $463,615 (12.8%) 0.89 3,366
2023-01-01 $366,918 (17.5%) $466,278 (10.8%) 0.91 3,012
2023-02-01 $371,587 (16.3%) $469,525 (11.5%) 0.90 2,843
2023-03-01 $373,450 (14.2%) $474,770 (10.1%) 0.88 2,749
2023-04-01 $384,000 (13.1%) $489,174 (10.0%) 0.89 2,776
2023-05-01 $386,950 (10.6%) $499,832 (10.1%) 0.88 2,778
2023-06-01 $395,000 (12.9%) $517,611 (12.7%) 0.89 2,929
2023-07-01 $394,900 (12.8%) $512,143 (9.7%) 0.90 3,056
2023-08-01 $383,600 (9.6%) $499,842 (7.5%) 0.88 3,694
2023-09-01 $379,500 (8.8%) $495,508 (7.2%) 0.88 3,556
2023-10-01 $374,450 (4.0%) $477,415 (1.5%) 0.88 3,487
2023-11-01 $377,000 (4.9%) $479,796 (3.2%) 0.90 3,623
2023-12-01 $375,000 (4.2%) $478,951 (3.3%) 0.91 3,492
2024-01-01 $375,000 (2.2%) $482,465 (3.5%) 0.92 3,141
2024-02-01 $384,504 (3.5%) $491,606 (4.7%) 0.93 3,106
2024-03-01 $391,410 (4.8%) $512,736 (8.0%) 0.92 3,142
VIRGINIA BEACH - NORFOLK - NEWPORT NEWS's median listing price for 2024-03-01 was $391,410, a difference of $17,960 (4.8%) versus the prior year and $6,906 versus the prior month.

VIRGINIA BEACH - NORFOLK - NEWPORT NEWS's median listing price comes in at 92% of the national average.

VIRGINIA BEACH - NORFOLK - NEWPORT NEWS's average listing price for 2024-03-01 was $512,736, a difference of $37,966 (8.0%) versus the prior year and $21,130 versus the prior month.

For the 2024-03-01 period, VIRGINIA BEACH - NORFOLK - NEWPORT NEWS had 3,142 MLS listings, a difference of 36 listings (1%) versus the prior month and 393 listings (14%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - VIRGINIA BEACH - NORFOLK - NEWPORT NEWS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 78 days 1,948 sqft
2018-02-01 67 days 1,940 sqft
2018-03-01 51 days 1,968 sqft
2018-04-01 47 days 1,994 sqft
2018-05-01 46 days 2,000 sqft
2018-06-01 47 days 2,000 sqft
2018-07-01 52 days 2,000 sqft
2018-08-01 57 days 1,999 sqft
2018-09-01 59 days 2,000 sqft
2018-10-01 61 days 1,980 sqft
2018-11-01 62 days 1,979 sqft
2018-12-01 70 days 1,975 sqft
2019-01-01 72 days 1,972 sqft
2019-02-01 63 days 1,984 sqft
2019-03-01 48 days 2,004 sqft
2019-04-01 43 days 2,033 sqft
2019-05-01 43 days 2,035 sqft
2019-06-01 45 days 2,038 sqft
2019-07-01 52 days 2,021 sqft
2019-08-01 54 days 2,005 sqft
2019-09-01 56 days 2,002 sqft
2019-10-01 57 days 2,000 sqft
2019-11-01 59 days 2,001 sqft
2019-12-01 66 days 2,023 sqft
2020-01-01 70 days 2,001 sqft
2020-02-01 50 days 2,001 sqft
2020-03-01 44 days 2,028 sqft
2020-04-01 48 days 2,035 sqft
2020-05-01 53 days 2,053 sqft
2020-06-01 48 days 2,073 sqft
2020-07-01 42 days 2,053 sqft
2020-08-01 38 days 2,050 sqft
2020-09-01 38 days 2,012 sqft
2020-10-01 39 days 1,974 sqft
2020-11-01 39 days 1,936 sqft
2020-12-01 45 days 1,899 sqft
2021-01-01 46 days 1,876 sqft
2021-02-01 35 days 1,843 sqft
2021-03-01 29 days 1,860 sqft
2021-04-01 26 days 1,871 sqft
2021-05-01 23 days 1,867 sqft
2021-06-01 25 days 1,856 sqft
2021-07-01 26 days 1,824 sqft
2021-08-01 28 days 1,800 sqft
2021-09-01 31 days 1,800 sqft
2021-10-01 31 days 1,800 sqft
2021-11-01 32 days 1,769 sqft
2021-12-01 37 days 1,779 sqft
2022-01-01 40 days 1,800 sqft
2022-02-01 26 days 1,800 sqft
2022-03-01 22 days 1,821 sqft
2022-04-01 19 days 1,855 sqft
2022-05-01 21 days 1,887 sqft
2022-06-01 23 days 1,900 sqft
2022-07-01 26 days 1,904 sqft
2022-08-01 33 days 1,916 sqft
2022-09-01 37 days 1,908 sqft
2022-10-01 37 days 1,944 sqft
2022-11-01 39 days 1,945 sqft
2022-12-01 49 days 1,943 sqft
2023-01-01 52 days 1,949 sqft
2023-02-01 38 days 1,952 sqft
2023-03-01 38 days 1,965 sqft
2023-04-01 30 days 2,000 sqft
2023-05-01 29 days 2,008 sqft
2023-06-01 29 days 2,027 sqft
2023-07-01 33 days 2,005 sqft
2023-08-01 31 days 1,961 sqft
2023-09-01 36 days 1,971 sqft
2023-10-01 39 days 1,927 sqft
2023-11-01 38 days 1,941 sqft
2023-12-01 45 days 1,938 sqft
2024-01-01 50 days 1,921 sqft
2024-02-01 36 days 1,934 sqft
2024-03-01 34 days 1,953 sqft
VIRGINIA BEACH - NORFOLK - NEWPORT NEWS's median listing age (time on market) for 2024-03-01 was 34 days. This is -11% shorter than the same period one year ago.

VIRGINIA BEACH - NORFOLK - NEWPORT NEWS's median square footage for active listings during the 2024-03-01 period was 1,953 sqft. One year prior, the average listing was 1,965 sqft.

VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
23001 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,000 $1,020 $1,190 $1,660 $2,030
23003 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,000 $1,020 $1,190 $1,660 $2,030
23018 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,000 $1,020 $1,190 $1,660 $2,030
23021 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23025 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23035 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,020 $1,040 $1,220 $1,700 $2,080
23045 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23050 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,040 $1,060 $1,240 $1,730 $2,110
23056 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23061 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,070 $1,090 $1,280 $1,790 $2,180
23062 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $960 $980 $1,140 $1,590 $1,940
23064 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23066 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23068 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,020 $1,040 $1,220 $1,700 $2,080
23072 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $970 $990 $1,160 $1,620 $1,980
23076 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23081 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,180 $1,200 $1,400 $1,960 $2,380
23089 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,070 $1,090 $1,250 $1,650 $2,010
23090 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,370 $1,390 $1,630 $2,280 $2,780
23107 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,000 $1,020 $1,190 $1,660 $2,030
23109 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23119 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23125 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23127 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,180 $1,200 $1,400 $1,960 $2,380
23128 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,050 $1,070 $1,250 $1,750 $2,130
23130 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23131 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,000 $1,020 $1,190 $1,660 $2,030
23138 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23149 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23154 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,000 $1,020 $1,190 $1,660 $2,030
23155 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,000 $1,020 $1,190 $1,660 $2,030
23163 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23168 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,260 $1,280 $1,500 $2,100 $2,560
23178 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,000 $1,020 $1,190 $1,660 $2,030
23183 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,000 $1,020 $1,190 $1,660 $2,030
23184 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,000 $1,020 $1,190 $1,660 $2,030
23185 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,130 $1,150 $1,350 $1,890 $2,300
23187 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,090 $1,110 $1,300 $1,820 $2,210
23188 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,210 $1,230 $1,440 $2,010 $2,450
23190 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,000 $1,020 $1,190 $1,660 $2,030
23304 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,050 $1,070 $1,250 $1,750 $2,130
23314 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,230 $1,250 $1,460 $2,040 $2,490
23315 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23320 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,380 $1,400 $1,640 $2,290 $2,790
23321 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,140 $1,160 $1,360 $1,900 $2,320
23322 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,480 $1,510 $1,760 $2,460 $3,000
23323 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,250 $1,270 $1,490 $2,080 $2,540
23324 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,010 $1,030 $1,200 $1,680 $2,040
23325 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,130 $1,150 $1,340 $1,870 $2,280
23326 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,200 $1,220 $1,430 $2,000 $2,440
23327 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,200 $1,220 $1,430 $2,000 $2,440
23328 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,200 $1,220 $1,430 $2,000 $2,440
23430 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,050 $1,070 $1,250 $1,750 $2,130
23431 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,050 $1,070 $1,250 $1,750 $2,130
23432 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,160 $1,180 $1,380 $1,930 $2,350
23433 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23434 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,040 $1,060 $1,240 $1,730 $2,110
23435 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,400 $1,430 $1,670 $2,330 $2,840
23436 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,070 $1,090 $1,270 $1,770 $2,160
23437 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23438 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23439 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,160 $1,180 $1,380 $1,930 $2,350
23450 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,280 $1,300 $1,520 $2,120 $2,590
23451 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,290 $1,320 $1,540 $2,150 $2,620
23452 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,290 $1,320 $1,540 $2,150 $2,620
23453 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,270 $1,290 $1,510 $2,110 $2,570
23454 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,230 $1,260 $1,470 $2,050 $2,500
23455 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,360 $1,390 $1,620 $2,260 $2,760
23456 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,650 $1,680 $1,970 $2,750 $3,360
23457 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,140 $1,160 $1,360 $1,900 $2,320
23459 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,630 $1,660 $1,940 $2,710 $3,300
23460 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,280 $1,300 $1,520 $2,120 $2,590
23461 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,280 $1,300 $1,520 $2,120 $2,590
23462 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,310 $1,330 $1,560 $2,180 $2,660
23463 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,280 $1,300 $1,520 $2,120 $2,590
23464 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,270 $1,290 $1,510 $2,110 $2,570
23466 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,280 $1,300 $1,520 $2,120 $2,590
23467 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,280 $1,300 $1,520 $2,120 $2,590
23471 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,280 $1,300 $1,520 $2,120 $2,590
23479 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,280 $1,300 $1,520 $2,120 $2,590
23487 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23501 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,020 $1,030 $1,210 $1,690 $2,060
23502 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,090 $1,110 $1,300 $1,820 $2,210
23503 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,060 $1,080 $1,260 $1,760 $2,150
23504 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $920 $930 $1,090 $1,520 $1,860
23505 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,070 $1,090 $1,270 $1,770 $2,160
23507 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,150 $1,170 $1,370 $1,910 $2,330
23508 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,120 $1,140 $1,330 $1,860 $2,270
23509 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,070 $1,090 $1,280 $1,790 $2,180
23510 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,320 $1,340 $1,570 $2,190 $2,670
23511 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,650 $1,680 $1,960 $2,740 $3,340
23513 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,020 $1,040 $1,220 $1,700 $2,080
23514 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,020 $1,030 $1,210 $1,690 $2,060
23515 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,020 $1,030 $1,210 $1,690 $2,060
23517 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,070 $1,090 $1,270 $1,770 $2,160
23518 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,050 $1,070 $1,250 $1,750 $2,130
23523 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23529 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,020 $1,030 $1,210 $1,690 $2,060
23541 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,020 $1,030 $1,210 $1,690 $2,060
23551 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,020 $1,040 $1,220 $1,710 $2,080
23601 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $920 $930 $1,090 $1,520 $1,860
23602 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,130 $1,150 $1,350 $1,890 $2,300
23603 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,100 $1,120 $1,310 $1,830 $2,230
23604 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,500 $1,530 $1,790 $2,500 $3,050
23605 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $920 $940 $1,100 $1,540 $1,870
23606 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,090 $1,110 $1,300 $1,820 $2,210
23607 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
23608 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,060 $1,080 $1,260 $1,760 $2,150
23609 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,000 $1,020 $1,190 $1,660 $2,030
23612 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,000 $1,020 $1,190 $1,660 $2,030
23651 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,510 $1,540 $1,800 $2,510 $3,070
23661 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $980 $1,000 $1,170 $1,630 $1,990
23662 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,180 $1,200 $1,400 $1,960 $2,380
23663 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,050 $1,070 $1,250 $1,750 $2,130
23664 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,070 $1,090 $1,280 $1,790 $2,180
23665 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,590 $1,620 $1,890 $2,640 $3,220
23666 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,180 $1,200 $1,400 $1,960 $2,380
23669 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,030 $1,050 $1,230 $1,720 $2,100
23670 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,050 $1,070 $1,250 $1,750 $2,130
23690 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $940 $960 $1,120 $1,560 $1,910
23691 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,670 $1,700 $1,990 $2,780 $3,390
23692 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,350 $1,380 $1,610 $2,250 $2,740
23693 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,320 $1,340 $1,570 $2,190 $2,670
23696 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,590 $1,620 $1,890 $2,640 $3,220
23701 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,050 $1,070 $1,250 $1,750 $2,130
23702 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $920 $940 $1,100 $1,540 $1,870
23703 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,070 $1,090 $1,280 $1,790 $2,180
23704 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,020 $1,030 $1,210 $1,690 $2,060
23705 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,010 $1,030 $1,200 $1,680 $2,040
23707 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,000 $1,020 $1,190 $1,660 $2,030
23708 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,100 $1,110 $1,300 $1,820 $2,220
23709 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,010 $1,030 $1,200 $1,680 $2,040
23851 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $810 $820 $960 $1,320 $1,640
23866 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $790 $800 $940 $1,320 $1,620
23898 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,010 $1,030 $1,200 $1,640 $2,050
27916 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,130 $1,150 $1,350 $1,890 $2,300
27917 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
27923 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $920 $940 $1,100 $1,530 $1,870
27927 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,000 $1,020 $1,190 $1,670 $2,030
27929 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,170 $1,200 $1,400 $1,950 $2,380
27939 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $990 $1,010 $1,180 $1,650 $2,010
27941 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,040 $1,060 $1,240 $1,730 $2,110
27947 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,040 $1,060 $1,240 $1,730 $2,110
27950 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $990 $1,010 $1,180 $1,650 $2,010
27956 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
27958 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,390 $1,420 $1,660 $2,320 $2,830
27964 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,040 $1,060 $1,240 $1,730 $2,110
27965 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840
27966 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $1,040 $1,060 $1,240 $1,730 $2,110
27973 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area $900 $920 $1,080 $1,510 $1,840

2022 Average & Median Rent Data Statistics
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC average 1BR rent: $1,117, median: $1,070
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC average 2BR rent: $1,307, median: $1,250
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC average 3BR rent: $1,824, median: $1,740

VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 23,991 $8,209,975,000 $342,211
Cash Out Refi 4,595 $1,029,225,000 $223,988
Home Improvement 4,263 $404,195,000 $94,815
Other 4,005 $373,895,000 $93,357
Refi 2,223 $978,025,000 $439,957
NA 2 $41,680,000 $20,840,000

Virginia Beach - Norfolk - Newport News's most frequently cited loan purpose was Home Purchase, with 23,991 originations. The 2nd most popular reason was Cash Out Refi, with 4,595 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 14,557 $4,439,835,000 $304,997
7-8% 8,635 $2,143,155,000 $248,194
5-6% 7,150 $2,994,960,000 $418,876
Over 8% 7,069 $802,945,000 $113,587
4-5% 946 $343,150,000 $362,738
3-4% 161 $100,425,000 $623,758
<2.5% 94 $21,850,000 $232,447
2.5-3% 58 $20,680,000 $356,552

During 2023, Virginia Beach - Norfolk - Newport News's most frequently originated rate bucket was 6-7%, with 14,557 originations.

Loan Sizing (VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 16,976 $4,937,800,000 $290,869
$100,000 or less 8,600 $444,550,000 $51,692
$100k-200k 6,946 $1,035,850,000 $149,129
$400k-600k 4,939 $2,337,185,000 $473,210
$600k-1000k 1,319 $942,685,000 $714,697
$Over $1MM 299 $1,338,925,000 $4,478,010

VIRGINIA BEACH - NORFOLK - NEWPORT NEWS's loan sizing saw the bucket of loans from $200k-400k with 16,976 originations, totaling $4,937,800,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 15,974 $5,417,840,000 $339,166
Under 20% 6,907 $407,785,000 $59,039
60-80% 5,869 $2,313,665,000 $394,218
20-40% 3,860 $477,730,000 $123,764
Over 100% 3,676 $1,529,150,000 $415,982
40-60% 2,227 $706,255,000 $317,133

VIRGINIA BEACH - NORFOLK - NEWPORT NEWS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 15,974 originations, totaling $5,417,840,000 in origination value.