Little Rock FHA Loan Rates, Closing Costs & Stats

LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR

FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

For additional requirements as defined by the FHA, click here.

Little Rock's 144 lenders originated 2,516 FHA loans during 2024. The total origination value was $568,020,000, with an average FHA loan value of $225,763.

Little Rock FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Little Rock averaged 6.28% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

Little Rock's average FHA mortgage closing costs are $6,822.

The average rate for the prior week (2025-03-28) was 6.27% and one month ago for the week of 2025-02-28, the average rate was 6.46%.

The average rate one year ago was 6.88%.

For refis of the same type during the week of 2025-04-04, the average rate was 6.04%.

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

Little Rock FHA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Little Rock level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
QUICKEN LOANS, LLC 207 6.47% $9,863
FLAT BRANCH MORTGAGE, INC. 126 6.45% $8,505
Arvest Bank 126 6.41% $8,098
EUSTIS AND AMERICAN MORTGAGE COMPANY 114 6.42% $10,347
Eagle Bank and Trust Company 111 6.39% $8,074
Bank of England 74 6.37% $8,752
First Community Bank 71 6.10% $10,061
PENNYMAC LOAN SERVICES, LLC 59 6.11% $8,579
UNITED WHOLESALE MORTGAGE, LLC 58 6.14% $9,455
SENTE MORTGAGE, INC. 56 6.50% $9,689
Centennial Bank 53 6.47% $8,396
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 45 6.55% $10,933
Simmons Bank 44 6.32% $7,459
CROSSCOUNTRY MORTGAGE, LLC 44 6.40% $10,455
FREEDOM MORTGAGE CORPORATION 41 6.55% $9,761
GUILD MORTGAGE COMPANY 38 6.62% $8,691
BANK OF LITTLE ROCK MORTGAGE CORPORATION 38 6.43% $7,918
PILGRIM MORTGAGE LLC 35 6.68% $7,985
COMMUNITY MORTGAGE CORPORATION 35 6.26% $9,048
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 34 6.68% $10,220
BROKER SOLUTIONS, INC. 34 6.74% $9,589
MORTGAGE FINANCIAL SERVICES, LLC 31 6.75% $9,102
ENCORE BANK 28 6.23% $7,993
NFM, INC. 27 6.49% $10,369
GERSHMAN INVESTMENT CORP. 23 6.14% $8,303
CORNERSTONE HOME LENDING, INC. 23 6.60% $11,244
Regions Bank 23 6.12% $10,127
First Security Bank 22 5.97% $6,604
LOANDEPOT.COM, LLC 21 6.63% $8,787
American Mortgage & Equity Consultants, Inc. 20 6.95% $11,450
NEWREZ LLC 19 6.22% $9,193
GUARANTEED RATE, INC. 18 6.51% $10,735
Mr. Cooper ( Nationstar Mortgage ) 18 6.47% $11,906
CMG MORTGAGE, INC. 17 6.46% $8,487
PRIMARY RESIDENTIAL MORTGAGE, INC. 17 6.96% $8,642
T2 FINANCIAL LLC 17 6.40% $10,720
The First National Bank of Fort Smith 16 6.21% $7,234
AMERISAVE MORTGAGE CORPORATION 15 6.24% $11,118
First Horizon Bank 14 6.46% $8,009
Mortgage Research Center, LLC 13 6.67% $5,496
FIRST COMMUNITY MORTGAGE, INC. 13 6.81% $8,358
BancorpSouth 12 6.28% $7,083
Chambers Bank 11 6.09% $7,991
VILLAGE CAPITAL MORTGAGE 10 6.57% $6,427
Carrington Mortgage Services, LLC 10 6.34% $9,638
LOANPAL, LLC 9 5.83% $9,829
DHI MORTGAGE COMPANY, LTD. 9 5.36% $7,797
ENDEAVOR CAPITAL, LLC. 8 6.34% $8,472
Sierra Pacific Mortgage Company, Inc. 8 6.61% $9,235
ARK-LA-TEX FINANCIAL SERVICES, LLC. 8 6.81% $9,186
MORTGAGE SOLUTIONS OF COLORADO, LLC 8 6.89% $8,560
LAKEVIEW LOAN SERVICING, LLC 8 6.34% $8,247
AmeriHome Mortgage Company, LLC 7 6.61% $6,261
MID AMERICA MORTGAGE, INC. 7 7.05% $4,972
AMERICAN FINANCIAL NETWORK, INC. 7 7.45% $11,905
Gateway First Bank 7 6.59% $6,433
POLARIS HOME FUNDING CORP. 6 6.60% $11,703
EVERETT FINANCIAL, INC. 6 6.79% $12,422
U.S. Bank 6 6.21% $10,655
Bank OZK 6 6.16% $8,753
ZILLOW HOME LOANS, LLC 5 6.68% $8,258
AMERICAN FINANCIAL RESOURCES, INC. 5 6.78% $12,909
MORTGAGE INVESTORS GROUP, INC. 5 6.62% $8,034
STOCKTON MORTGAGE CORPORATION 5 6.48% $8,232
Bank of America 4 6.00% $5,199
MOVEMENT MORTGAGE, LLC 4 6.50% $9,550
GMFS LLC 4 6.25% $5,170
Paramount Residential Mortgage Group, Inc. 4 6.56% $9,918
The Federal Savings Bank 4 6.41% $17,274
SWBC MORTGAGE CORPORATION 4 6.84% $8,751
First Financial Bank 4 6.16% $7,665
HOMESIDE FINANCIAL, LLC 4 6.34% $9,768
Wells Fargo Bank 4 5.97% $10,804
MUTUAL OF OMAHA MORTGAGE, INC. 4 6.25% $11,387
Residential Acceptance Corporation 3 7.13% $7,115
HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.58% $5,936
ASSOCIATED MORTGAGE CORPORATION 3 6.58% $8,709
CARDINAL FINANCIAL 3 6.58% $9,273
Armed Forces Bank 3 6.17% $9,789
PHH Mortgage Corporation 3 6.50% $8,598
TELCOE FEDERAL CREDIT UNION 3 6.33% $9,296
Ameris Bank 2 5.88% $9,536
Hometown Equity Mortgage, LLC 2 7.75% $10,195
Lakeview Community Capital, LLC 2 6.50% $8,942
GENEVA FINANCIAL, LLC 2 7.13% $17,687
LIBERTY HOME MORTGAGE CORPORATION 2 6.81% $11,313
Flagstar Bank, FSB 2 6.75% $7,272
Equity Prime Mortgage LLC 2 6.81% $9,363
M&T Bank 2 6.38% $7,095
Nations Lending Corporation 2 5.88% $17,367
PLANET HOME LENDING, LLC 2 6.31% $4,486
PREMIA MORTGAGE, LLC 2 6.69% $5,785
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.25% $7,404
RESIDENTIAL BANCORP 2 6.49% $14,142
ROYAL UNITED MORTGAGE LLC 2 7.00% $9,155
Servion, Inc. 2 6.38% $7,120
SUN WEST MORTGAGE COMPANY, INC. 2 6.50% $5,853
TOWNE MORTGAGE COMPANY 2 6.19% $7,197
UNION HOME MORTGAGE CORP. 2 6.69% $9,425
US MORTGAGE CORPORATION 2 6.63% $7,079
AMERITRUST MORTGAGE CORPORATION 2 6.50% $10,597
Plains Commerce Bank 1 6.88% $5,522
Trustmark National Bank 1 6.38% $7,612
PLAZA HOME MORTGAGE, INC. 1 8.13% $4,451
MY MOVE MORTGAGE, LLC 1 6.00% $9,147
INTERLINC MORTGAGE SERVICES, LLC 1 6.63% $7,937
PREMIER MORTGAGE RESOURCES, L.L.C. 1 8.25% $6,105
CANOPY MORTGAGE, LLC 1 6.99% $12,859
UNITED 1 6.63% $7,599
Prosperity Home Mortgage, LLC 1 5.63% $11,845
CALCON MUTUAL MORTGAGE LLC 1 6.25% $10,832
BMO Harris Bank 1 6.88% $7,119
RELIANCE FIRST CAPITAL, LLC 1 6.75% $8,632
DAS Acquisition Company, LLC 1 6.25% $15,708
FirstTrust Home Loans, Inc. 1 6.25% $4,520
LEADERONE FINANCIAL CORPORATION 1 7.38% $8,187
S1L, Inc. 1 6.63% $15,510
BETTER MORTGAGE CORPORATION 1 5.75% $9,837
Ixonia Bank 1 6.63% $14,279
BAYSHORE MORTGAGE FUNDING, LLC 1 6.75% $5,394
EMM LOANS LLC 1 5.25% $15,488
SIRVA MORTGAGE, INC. 1 7.25% $9,193
SOUTHWEST STAGE FUNDING, LLC 1 6.88% $9,187
Farmers Bank & Trust Company 1 5.63% $9,388
VAN DYK MORTGAGE CORPORATION 1 6.00% $8,397
MICHIGAN MUTUAL, INC. 1 6.63% $9,274
AXIA FINANCIAL, LLC 1 7.25% $12,720
MEMBER FIRST MORTGAGE, LLC 1 5.13% $15,149
Texana Bank 1 5.88% $14,282
Magnolia Bank 1 6.25% $15,649
Assurance Financial Group, L.L.C. 1 6.75% $6,488
TOP FLITE FINANCIAL, INC. 1 6.99% $20,317
VERITAS FUNDING, LLC 1 6.99% $15,235
Commerce Home Mortgage, Inc. 1 6.25% $6,261
NEXERA HOLDING LLC 1 6.25% $8,783
Citizens Bank 1 6.88% $5,510
OCEANSIDE MORTGAGE COMPANY 1 6.25% $4,202
OPEN MORTGAGE, LLC 1 7.99% $6,451
Orion Federal Credit Union 1 6.50% $6,024
NEW DAY FINANCIAL, LLC 1 7.38% $3,851
CHURCHILL MORTGAGE CORPORATION 1 7.13% $7,255
PENTAGON FEDERAL CREDIT UNION 1 6.00% $11,380
NETWORK CAPITAL FUNDING CORPORATION 1 5.75% $9,794
Century Mortgage Company DBA Century Lending Company 1 6.38% $11,409

The top Little Rock FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 207 FHA loans originated. Their average total fees are $9,863, which is $1,358 higher than the next largest lender, FLAT BRANCH MORTGAGE, INC..

The lowest fee Little Rock FHA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($5,496), VILLAGE CAPITAL MORTGAGE ($6,427), First Security Bank ($6,604), BancorpSouth ($7,083) and The First National Bank of Fort Smith ($7,234).

The lowest rate Little Rock FHA lenders (with over 10 loans originated) are First Security Bank (5.97%), Chambers Bank (6.09%), First Community Bank (6.10%), PENNYMAC LOAN SERVICES, LLC (6.11%) and Regions Bank (6.12%).

Little Rock FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR FAULKNER 2022 $420,680 $538,650 $651,050 $809,150
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR GRANT 2022 $420,680 $538,650 $651,050 $809,150
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR LONOKE 2022 $420,680 $538,650 $651,050 $809,150
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR PERRY 2022 $420,680 $538,650 $651,050 $809,150
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR PULASKI 2022 $420,680 $538,650 $651,050 $809,150
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR SALINE 2022 $420,680 $538,650 $651,050 $809,150
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR FAULKNER 2023 $472,030 $604,400 $730,525 $907,900
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR GRANT 2023 $472,030 $604,400 $730,525 $907,900
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR LONOKE 2023 $472,030 $604,400 $730,525 $907,900
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR PERRY 2023 $472,030 $604,400 $730,525 $907,900
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR PULASKI 2023 $472,030 $604,400 $730,525 $907,900
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR SALINE 2023 $472,030 $604,400 $730,525 $907,900

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Little Rock (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 $175,450 (9.7%) $244,331 (12.8%) 0.65 3,008
2018-02-01 $179,900 (11.5%) $245,904 (12.3%) 0.65 2,995
2018-03-01 $181,700 (7.7%) $244,910 (9.0%) 0.64 3,030
2018-04-01 $186,000 (10.1%) $250,433 (10.7%) 0.63 3,070
2018-05-01 $189,500 (11.5%) $257,160 (11.5%) 0.63 3,231
2018-06-01 $189,900 (10.1%) $258,132 (9.6%) 0.63 3,319
2018-07-01 $189,700 (8.5%) $254,723 (7.6%) 0.63 3,423
2018-08-01 $189,900 (9.0%) $251,638 (6.7%) 0.64 3,470
2018-09-01 $189,000 (8.1%) $251,963 (6.9%) 0.64 3,531
2018-10-01 $189,900 (9.1%) $251,671 (7.2%) 0.64 3,643
2018-11-01 $189,650 (8.7%) $251,164 (6.4%) 0.64 3,468
2018-12-01 $188,800 (8.0%) $250,193 (4.1%) 0.65 3,354
2019-01-01 $185,000 (5.4%) $248,244 (1.6%) 0.64 3,215
2019-02-01 $188,000 (4.5%) $251,454 (2.3%) 0.64 3,136
2019-03-01 $194,186 (6.9%) $258,802 (5.7%) 0.64 3,091
2019-04-01 $199,925 (7.5%) $267,098 (6.7%) 0.63 3,061
2019-05-01 $202,250 (6.7%) $272,629 (6.0%) 0.63 3,053
2019-06-01 $205,000 (8.0%) $275,660 (6.8%) 0.64 3,048
2019-07-01 $206,200 (8.7%) $276,153 (8.4%) 0.65 2,993
2019-08-01 $207,882 (9.5%) $278,099 (10.5%) 0.66 2,952
2019-09-01 $208,455 (10.3%) $277,606 (10.2%) 0.67 2,891
2019-10-01 $209,400 (10.3%) $277,420 (10.2%) 0.68 2,841
2019-11-01 $205,000 (8.1%) $274,018 (9.1%) 0.67 2,764
2019-12-01 $204,050 (8.1%) $276,534 (10.5%) 0.68 2,604
2020-01-01 $200,800 (8.5%) $276,590 (11.4%) 0.67 2,410
2020-02-01 $210,000 (11.7%) $281,136 (11.8%) 0.69 2,318
2020-03-01 $219,750 (13.2%) $285,053 (10.1%) 0.69 2,311
2020-04-01 $219,375 (9.7%) $283,611 (6.2%) 0.69 2,280
2020-05-01 $232,950 (15.2%) $295,003 (8.2%) 0.71 2,021
2020-06-01 $239,450 (16.8%) $304,680 (10.5%) 0.71 1,858
2020-07-01 $244,000 (18.3%) $311,652 (12.9%) 0.71 1,758
2020-08-01 $245,000 (17.9%) $319,702 (15.0%) 0.70 1,615
2020-09-01 $240,575 (15.4%) $320,572 (15.5%) 0.69 1,483
2020-10-01 $244,500 (16.8%) $329,144 (18.6%) 0.70 1,425
2020-11-01 $240,825 (17.5%) $329,422 (20.2%) 0.70 1,338
2020-12-01 $239,450 (17.4%) $330,942 (19.7%) 0.71 1,209
2021-01-01 $230,000 (14.5%) $331,857 (20.0%) 0.69 994
2021-02-01 $244,950 (16.6%) $335,257 (19.3%) 0.71 849
2021-03-01 $250,500 (14.0%) $341,285 (19.7%) 0.71 794
2021-04-01 $248,950 (13.5%) $342,620 (20.8%) 0.67 764
2021-05-01 $239,000 (2.6%) $334,487 (13.4%) 0.63 746
2021-06-01 $235,000 (-1.9%) $330,199 (8.4%) 0.62 819
2021-07-01 $245,000 (0.4%) $332,199 (6.6%) 0.65 989
2021-08-01 $249,450 (1.8%) $332,586 (4.0%) 0.67 1,081
2021-09-01 $249,450 (3.7%) $330,521 (3.1%) 0.67 1,089
2021-10-01 $249,000 (1.8%) $327,830 (-0.4%) 0.66 1,001
2021-11-01 $232,950 (-3.3%) $314,662 (-4.5%) 0.62 973
2021-12-01 $236,725 (-1.1%) $318,918 (-3.6%) 0.64 869
2022-01-01 $238,900 (3.9%) $317,773 (-4.2%) 0.65 773
2022-02-01 $241,925 (-1.2%) $334,272 (-0.3%) 0.63 668
2022-03-01 $251,575 (0.4%) $363,892 (6.6%) 0.63 692
2022-04-01 $285,000 (14.5%) $371,117 (8.3%) 0.68 713
2022-05-01 $289,900 (21.3%) $370,117 (10.7%) 0.66 834
2022-06-01 $289,598 (23.2%) $368,833 (11.7%) 0.65 941
2022-07-01 $280,000 (14.3%) $358,019 (7.8%) 0.63 1,154
2022-08-01 $278,600 (11.7%) $349,686 (5.1%) 0.64 1,263
2022-09-01 $284,700 (14.1%) $348,957 (5.6%) 0.67 1,251
2022-10-01 $296,000 (18.9%) $355,164 (8.3%) 0.70 1,308
2022-11-01 $289,950 (24.5%) $343,572 (9.2%) 0.70 1,452
2022-12-01 $299,900 (26.7%) $347,701 (9.0%) 0.74 1,343
2023-01-01 $300,000 (25.6%) $348,170 (9.6%) 0.74 1,229
2023-02-01 $303,745 (25.6%) $350,697 (4.9%) 0.73 1,132
2023-03-01 $303,475 (20.6%) $352,010 (-3.3%) 0.72 1,122
2023-04-01 $315,000 (10.5%) $358,629 (-3.4%) 0.73 1,118
2023-05-01 $312,950 (8.0%) $366,264 (-1.0%) 0.71 1,171
2023-06-01 $321,500 (11.0%) $377,181 (2.3%) 0.72 1,236
2023-07-01 $325,000 (16.1%) $386,719 (8.0%) 0.74 1,287
2023-08-01 $320,450 (15.0%) $381,768 (9.2%) 0.74 1,320
2023-09-01 $319,900 (12.4%) $367,463 (5.3%) 0.74 1,490
2023-10-01 $295,000 (-0.3%) $352,688 (-0.7%) 0.69 1,682
2023-11-01 $299,450 (3.3%) $360,011 (4.8%) 0.71 1,748
2023-12-01 $299,900 (0.0%) $356,070 (2.4%) 0.73 1,757
2024-01-01 $296,000 (-1.3%) $350,869 (0.8%) 0.72 1,670
2024-02-01 $299,450 (-1.4%) $353,066 (0.7%) 0.72 1,641
2024-03-01 $309,900 (2.1%) $361,513 (2.7%) 0.73 1,632
2024-04-01 $315,000 (0.0%) $372,747 (3.9%) 0.73 1,653
2024-05-01 $304,000 (-2.9%) $367,964 (0.5%) 0.69 1,812
2024-06-01 $298,200 (-7.3%) $362,010 (-4.0%) 0.68 2,013
2024-07-01 $296,500 (-8.8%) $364,066 (-5.9%) 0.68 2,218
2024-08-01 $290,000 (-9.5%) $360,886 (-5.5%) 0.67 2,361
2024-09-01 $291,000 (-9.0%) $356,316 (-3.0%) 0.68 2,463
2024-10-01 $289,000 (-2.0%) $354,101 (0.4%) 0.68 2,462
2024-11-01 $285,000 (-4.8%) $352,267 (-2.2%) 0.68 2,497
2024-12-01 $287,000 (-4.3%) $347,532 (-2.4%) 0.71 2,392
2025-01-01 $283,725 (-4.2%) $344,921 (-1.7%) 0.71 2,263
2025-02-01 $285,000 (-4.8%) $351,725 (-0.4%) 0.69 2,328
2025-03-01 $289,500 (-6.6%) $354,725 (-1.9%) 0.00 2,376
Little Rock's median listing price for 2025-03-01 was $289,500, a difference of $-20,400 (-6.6%) versus the prior year and $4,500 versus the prior month.

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

Little Rock's average listing price for 2025-03-01 was $354,725, a difference of $-6,788 (-1.9%) versus the prior year and $3,000 versus the prior month.

For the 2025-03-01 period, Little Rock had 2,376 MLS listings, a difference of 48 listings (2%) versus the prior month and 744 listings (46%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Little Rock (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 77 days 1,909 sqft
2018-02-01 66 days 1,910 sqft
2018-03-01 55 days 1,928 sqft
2018-04-01 55 days 1,940 sqft
2018-05-01 52 days 1,952 sqft
2018-06-01 53 days 1,961 sqft
2018-07-01 55 days 1,956 sqft
2018-08-01 57 days 1,955 sqft
2018-09-01 60 days 1,937 sqft
2018-10-01 64 days 1,942 sqft
2018-11-01 66 days 1,924 sqft
2018-12-01 74 days 1,902 sqft
2019-01-01 72 days 1,898 sqft
2019-02-01 63 days 1,899 sqft
2019-03-01 55 days 1,944 sqft
2019-04-01 55 days 1,998 sqft
2019-05-01 53 days 2,010 sqft
2019-06-01 58 days 2,021 sqft
2019-07-01 59 days 2,035 sqft
2019-08-01 60 days 2,045 sqft
2019-09-01 63 days 2,036 sqft
2019-10-01 63 days 2,034 sqft
2019-11-01 65 days 2,025 sqft
2019-12-01 71 days 2,023 sqft
2020-01-01 68 days 2,000 sqft
2020-02-01 55 days 2,050 sqft
2020-03-01 52 days 2,091 sqft
2020-04-01 56 days 2,073 sqft
2020-05-01 62 days 2,146 sqft
2020-06-01 52 days 2,148 sqft
2020-07-01 46 days 2,146 sqft
2020-08-01 43 days 2,150 sqft
2020-09-01 44 days 2,142 sqft
2020-10-01 44 days 2,129 sqft
2020-11-01 46 days 2,123 sqft
2020-12-01 52 days 2,081 sqft
2021-01-01 56 days 2,045 sqft
2021-02-01 45 days 2,062 sqft
2021-03-01 40 days 2,039 sqft
2021-04-01 31 days 1,973 sqft
2021-05-01 25 days 1,928 sqft
2021-06-01 24 days 1,899 sqft
2021-07-01 24 days 1,978 sqft
2021-08-01 32 days 1,976 sqft
2021-09-01 38 days 1,978 sqft
2021-10-01 40 days 1,949 sqft
2021-11-01 37 days 1,911 sqft
2021-12-01 45 days 1,941 sqft
2022-01-01 47 days 1,969 sqft
2022-02-01 36 days 1,929 sqft
2022-03-01 30 days 1,926 sqft
2022-04-01 25 days 2,032 sqft
2022-05-01 26 days 2,037 sqft
2022-06-01 29 days 2,066 sqft
2022-07-01 29 days 1,996 sqft
2022-08-01 34 days 2,020 sqft
2022-09-01 39 days 2,050 sqft
2022-10-01 38 days 2,084 sqft
2022-11-01 40 days 2,041 sqft
2022-12-01 51 days 2,058 sqft
2023-01-01 52 days 2,023 sqft
2023-02-01 48 days 2,008 sqft
2023-03-01 46 days 1,993 sqft
2023-04-01 40 days 2,023 sqft
2023-05-01 37 days 2,088 sqft
2023-06-01 39 days 2,117 sqft
2023-07-01 39 days 2,146 sqft
2023-08-01 40 days 2,121 sqft
2023-09-01 38 days 2,104 sqft
2023-10-01 43 days 1,975 sqft
2023-11-01 46 days 2,000 sqft
2023-12-01 56 days 1,991 sqft
2024-01-01 54 days 1,956 sqft
2024-02-01 52 days 1,952 sqft
2024-03-01 45 days 1,991 sqft
2024-04-01 45 days 2,035 sqft
2024-05-01 41 days 2,025 sqft
2024-06-01 44 days 1,968 sqft
2024-07-01 45 days 1,945 sqft
2024-08-01 46 days 1,925 sqft
2024-09-01 50 days 1,920 sqft
2024-10-01 54 days 1,904 sqft
2024-11-01 57 days 1,904 sqft
2024-12-01 61 days 1,910 sqft
2025-01-01 60 days 1,889 sqft
2025-02-01 52 days 1,885 sqft
2025-03-01 0 days 1,878 sqft
Little Rock's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

Little Rock's median square footage for active listings during the 2025-03-01 period was 1,878 sqft. One year prior, the average listing was 1,991 sqft.

FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).