Arkadelphia USDA Loan Rates, Closing Costs & Stats
Arkadelphia, AR
USDA loans are zero-downpayment loans targeted towards lower-income households in rural areas. They can be made directly by the US Department of Agriculture or through a participating lender-- and they typically to borrowers with credit scores over 640. They can have subsidized rates, making them very competitive in terms of cost, but they have more stringent standards on who is eligible as well as specific covenants such as only being available in rural areas and limits on home size.
Arkadelphia's 4 lenders originated 30 USDA loans during 2023. The total origination value was $3,900,000, with an average USDA loan value of $130,000.
Arkadelphia USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Arkadelphia
averaged
6.82%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Arkadelphia's average USDA mortgage closing costs are $3,911.
The average rate for the prior week (2024-04-12) was
6.57% and
one month ago for the week of 2024-03-15, the
average rate was 6.46%.
The average rate one year ago was 6.29%.
For refis of the same type during the week of 2024-04-19, the average rate
was 7.06%.
Arkadelphia USDA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Arkadelphia level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| EVERETT FINANCIAL, INC. | 25 | 6.84% | $4,756 |
| FIRST COMMUNITY MORTGAGE, INC. | 2 | 6.00% | $4,850 |
| Arvest Bank | 1 | 6.50% | $3,560 |
| Paramount Residential Mortgage Group, Inc. | 1 | 5.63% | $5,767 |
The top Arkadelphia USDA lender as defined by loan originations is EVERETT FINANCIAL, INC., with
25 USDA loans originated. Their average total fees are
$4,756, which is $94
lower than the next largest lender,
FIRST COMMUNITY MORTGAGE, INC..
The lowest fee Arkadelphia USDA lenders (with over 10 loans originated) are
EVERETT FINANCIAL, INC. ($4,756), .
The lowest rate Arkadelphia USDA lenders (with over 10 loans originated) are
EVERETT FINANCIAL, INC. (6.84%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Arkadelphia (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 | $133,375 (8.4%) | $160,787 (13.9%) | 0.00 | 107 |
| 2018-02-01 | $129,975 (5.7%) | $159,030 (14.4%) | 0.00 | 112 |
| 2018-03-01 | $129,925 (4.0%) | $158,107 (9.6%) | 0.00 | 116 |
| 2018-04-01 | $132,500 (6.0%) | $161,684 (14.9%) | 0.00 | 117 |
| 2018-05-01 | $133,500 (3.1%) | $161,527 (13.1%) | 0.00 | 116 |
| 2018-06-01 | $131,213 (0.9%) | $155,947 (6.3%) | 0.00 | 114 |
| 2018-07-01 | $129,569 (-0.3%) | $155,329 (2.2%) | 0.00 | 110 |
| 2018-08-01 | $124,863 (-3.4%) | $155,803 (2.5%) | 0.00 | 105 |
| 2018-09-01 | $121,725 (-4.1%) | $151,634 (1.6%) | 0.00 | 103 |
| 2018-10-01 | $119,938 (-4.0%) | $152,183 (2.9%) | 0.00 | 102 |
| 2018-11-01 | $129,825 (3.9%) | $163,715 (8.8%) | 0.00 | 100 |
| 2018-12-01 | $139,725 (7.5%) | $164,966 (7.3%) | 0.00 | 97 |
| 2019-01-01 | $139,950 (4.9%) | $165,266 (2.8%) | 0.00 | 101 |
| 2019-02-01 | $136,922 (5.3%) | $159,172 (0.1%) | 0.00 | 100 |
| 2019-03-01 | $131,828 (1.5%) | $154,932 (-2.0%) | 0.00 | 99 |
| 2019-04-01 | $130,475 (-1.5%) | $152,358 (-5.8%) | 0.00 | 92 |
| 2019-05-01 | $125,205 (-6.2%) | $153,550 (-4.9%) | 0.00 | 88 |
| 2019-06-01 | $134,975 (2.9%) | $152,222 (-2.4%) | 0.00 | 81 |
| 2019-07-01 | $120,550 (-7.0%) | $150,209 (-3.3%) | 0.00 | 83 |
| 2019-08-01 | $124,305 (-0.5%) | $152,000 (-2.4%) | 0.00 | 78 |
| 2019-09-01 | $131,586 (8.1%) | $157,732 (4.0%) | 0.00 | 75 |
| 2019-10-01 | $136,441 (13.8%) | $161,553 (6.2%) | 0.00 | 72 |
| 2019-11-01 | $122,400 (-5.7%) | $153,714 (-6.1%) | 0.00 | 77 |
| 2019-12-01 | $119,225 (-14.7%) | $152,251 (-7.7%) | 0.00 | 75 |
| 2020-01-01 | $125,700 (-10.2%) | $151,394 (-8.4%) | 0.00 | 74 |
| 2020-02-01 | $129,500 (-5.4%) | $148,386 (-6.8%) | 0.00 | 79 |
| 2020-03-01 | $130,943 (-0.7%) | $149,556 (-3.5%) | 0.00 | 85 |
| 2020-04-01 | $138,475 (6.1%) | $154,001 (1.1%) | 0.00 | 79 |
| 2020-05-01 | $139,500 (11.4%) | $155,556 (1.3%) | 0.00 | 72 |
| 2020-06-01 | $143,546 (6.4%) | $156,530 (2.8%) | 0.00 | 61 |
| 2020-07-01 | $144,700 (20.0%) | $156,559 (4.2%) | 0.00 | 63 |
| 2020-08-01 | $149,943 (20.6%) | $164,310 (8.1%) | 0.00 | 57 |
| 2020-09-01 | $149,985 (14.0%) | $162,561 (3.1%) | 0.00 | 61 |
| 2020-10-01 | $149,943 (9.9%) | $157,997 (-2.2%) | 0.00 | 66 |
| 2020-11-01 | $148,971 (21.7%) | $152,694 (-0.7%) | 0.00 | 54 |
| 2020-12-01 | $144,375 (21.1%) | $151,021 (-0.8%) | 0.00 | 54 |
| 2021-01-01 | $139,000 (10.6%) | $151,776 (0.3%) | 0.00 | 47 |
| 2021-02-01 | $144,488 (11.6%) | $165,039 (11.2%) | 0.00 | 44 |
| 2021-03-01 | $154,788 (18.2%) | $170,043 (13.7%) | 0.00 | 29 |
| 2021-04-01 | $171,875 (24.1%) | $200,183 (30.0%) | 0.00 | 32 |
| 2021-05-01 | $147,500 (5.7%) | $202,446 (30.1%) | 0.00 | 35 |
| 2021-06-01 | $147,375 (2.7%) | $197,378 (26.1%) | 0.00 | 32 |
| 2021-07-01 | $147,500 (1.9%) | $188,788 (20.6%) | 0.00 | 30 |
| 2021-08-01 | $127,223 (-15.2%) | $177,735 (8.2%) | 0.00 | 21 |
| 2021-09-01 | $147,500 (-1.7%) | $167,991 (3.3%) | 0.00 | 27 |
| 2021-10-01 | $147,500 (-1.6%) | $157,269 (-0.5%) | 0.00 | 33 |
| 2021-11-01 | $158,530 (6.4%) | $210,227 (37.7%) | 0.00 | 31 |
| 2021-12-01 | $157,500 (9.1%) | $202,932 (34.4%) | 0.00 | 27 |
| 2022-01-01 | $169,900 (22.2%) | $189,573 (24.9%) | 0.00 | 30 |
| 2022-02-01 | $151,375 (4.8%) | $167,086 (1.2%) | 0.00 | 39 |
| 2022-03-01 | $144,063 (-6.9%) | $148,784 (-12.5%) | 0.00 | 32 |
| 2022-04-01 | $159,000 (-7.5%) | $197,406 (-1.4%) | 0.00 | 33 |
| 2022-05-01 | $169,900 (15.2%) | $202,869 (0.2%) | 0.00 | 37 |
| 2022-06-01 | $169,675 (15.1%) | $207,773 (5.3%) | 0.00 | 39 |
| 2022-07-01 | $137,000 (-7.1%) | $192,025 (1.7%) | 0.00 | 39 |
| 2022-08-01 | $158,675 (24.7%) | $209,383 (17.8%) | 0.00 | 39 |
| 2022-09-01 | $159,375 (8.1%) | $207,662 (23.6%) | 0.00 | 52 |
| 2022-10-01 | $169,873 (15.2%) | $264,260 (68.0%) | 0.00 | 47 |
| 2022-11-01 | $176,225 (11.2%) | $256,422 (22.0%) | 0.00 | 52 |
| 2022-12-01 | $169,500 (7.6%) | $209,366 (3.2%) | 0.00 | 54 |
| 2023-01-01 | $175,000 (3.0%) | $207,509 (9.5%) | 0.00 | 54 |
| 2023-02-01 | $167,250 (10.5%) | $207,899 (24.4%) | 0.00 | 56 |
| 2023-03-01 | $154,000 (6.9%) | $204,046 (37.1%) | 0.00 | 53 |
| 2023-04-01 | $169,875 (6.8%) | $213,748 (8.3%) | 0.00 | 57 |
| 2023-05-01 | $191,225 (12.6%) | $226,511 (11.7%) | 0.00 | 59 |
| 2023-06-01 | $196,125 (15.6%) | $219,129 (5.5%) | 0.00 | 53 |
| 2023-07-01 | $175,000 (27.7%) | $204,959 (6.7%) | 0.00 | 54 |
| 2023-08-01 | $179,900 (13.4%) | $212,873 (1.7%) | 0.00 | 57 |
| 2023-09-01 | $195,000 (22.4%) | $232,759 (12.1%) | 0.00 | 64 |
| 2023-10-01 | $164,875 (-2.9%) | $207,518 (-21.5%) | 0.00 | 75 |
| 2023-11-01 | $161,500 (-8.4%) | $196,808 (-23.3%) | 0.00 | 62 |
| 2023-12-01 | $164,000 (-3.2%) | $201,141 (-3.9%) | 0.00 | 71 |
| 2024-01-01 | $179,225 (2.4%) | $229,849 (10.8%) | 0.00 | 72 |
| 2024-02-01 | $184,999 (10.6%) | $236,532 (13.8%) | 0.00 | 71 |
| 2024-03-01 | $200,000 (29.9%) | $244,891 (20.0%) | 0.00 | 67 |
Arkadelphia's median listing price comes in at 0% of the national average.
Arkadelphia's average listing price for 2024-03-01 was $244,891, a difference of $40,845 (20.0%) versus the prior year and $8,359 versus the prior month.
For the 2024-03-01 period, Arkadelphia had 67 MLS listings, a difference of -4 listings (-6%) versus the prior month and 14 listings (26%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Arkadelphia (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,800 sqft |
| 2018-02-01 | 0 days | 1,800 sqft |
| 2018-03-01 | 0 days | 1,800 sqft |
| 2018-04-01 | 0 days | 1,839 sqft |
| 2018-05-01 | 0 days | 1,844 sqft |
| 2018-06-01 | 0 days | 1,800 sqft |
| 2018-07-01 | 0 days | 1,800 sqft |
| 2018-08-01 | 0 days | 1,822 sqft |
| 2018-09-01 | 0 days | 1,758 sqft |
| 2018-10-01 | 0 days | 1,724 sqft |
| 2018-11-01 | 0 days | 1,775 sqft |
| 2018-12-01 | 0 days | 1,809 sqft |
| 2019-01-01 | 0 days | 1,795 sqft |
| 2019-02-01 | 0 days | 1,745 sqft |
| 2019-03-01 | 0 days | 1,706 sqft |
| 2019-04-01 | 0 days | 1,703 sqft |
| 2019-05-01 | 0 days | 1,762 sqft |
| 2019-06-01 | 0 days | 1,816 sqft |
| 2019-07-01 | 0 days | 1,758 sqft |
| 2019-08-01 | 0 days | 1,786 sqft |
| 2019-09-01 | 0 days | 1,825 sqft |
| 2019-10-01 | 0 days | 1,843 sqft |
| 2019-11-01 | 0 days | 1,786 sqft |
| 2019-12-01 | 0 days | 1,813 sqft |
| 2020-01-01 | 0 days | 1,856 sqft |
| 2020-02-01 | 0 days | 1,838 sqft |
| 2020-03-01 | 0 days | 1,858 sqft |
| 2020-04-01 | 0 days | 1,925 sqft |
| 2020-05-01 | 0 days | 1,890 sqft |
| 2020-06-01 | 0 days | 1,931 sqft |
| 2020-07-01 | 0 days | 1,936 sqft |
| 2020-08-01 | 0 days | 1,930 sqft |
| 2020-09-01 | 0 days | 1,914 sqft |
| 2020-10-01 | 0 days | 1,909 sqft |
| 2020-11-01 | 0 days | 1,952 sqft |
| 2020-12-01 | 0 days | 1,915 sqft |
| 2021-01-01 | 0 days | 1,810 sqft |
| 2021-02-01 | 0 days | 1,744 sqft |
| 2021-03-01 | 0 days | 2,013 sqft |
| 2021-04-01 | 0 days | 2,132 sqft |
| 2021-05-01 | 0 days | 1,974 sqft |
| 2021-06-01 | 0 days | 1,840 sqft |
| 2021-07-01 | 0 days | 2,034 sqft |
| 2021-08-01 | 0 days | 1,843 sqft |
| 2021-09-01 | 0 days | 1,820 sqft |
| 2021-10-01 | 0 days | 1,800 sqft |
| 2021-11-01 | 0 days | 1,934 sqft |
| 2021-12-01 | 0 days | 1,834 sqft |
| 2022-01-01 | 0 days | 1,770 sqft |
| 2022-02-01 | 0 days | 1,517 sqft |
| 2022-03-01 | 0 days | 1,480 sqft |
| 2022-04-01 | 0 days | 1,662 sqft |
| 2022-05-01 | 0 days | 1,713 sqft |
| 2022-06-01 | 0 days | 1,701 sqft |
| 2022-07-01 | 0 days | 1,657 sqft |
| 2022-08-01 | 0 days | 1,654 sqft |
| 2022-09-01 | 0 days | 1,695 sqft |
| 2022-10-01 | 0 days | 1,683 sqft |
| 2022-11-01 | 0 days | 1,657 sqft |
| 2022-12-01 | 0 days | 1,657 sqft |
| 2023-01-01 | 0 days | 1,657 sqft |
| 2023-02-01 | 0 days | 1,634 sqft |
| 2023-03-01 | 0 days | 1,590 sqft |
| 2023-04-01 | 0 days | 1,614 sqft |
| 2023-05-01 | 0 days | 1,657 sqft |
| 2023-06-01 | 0 days | 1,708 sqft |
| 2023-07-01 | 0 days | 1,736 sqft |
| 2023-08-01 | 0 days | 1,704 sqft |
| 2023-09-01 | 0 days | 1,731 sqft |
| 2023-10-01 | 0 days | 1,689 sqft |
| 2023-11-01 | 0 days | 1,690 sqft |
| 2023-12-01 | 0 days | 1,731 sqft |
| 2024-01-01 | 0 days | 1,759 sqft |
| 2024-02-01 | 0 days | 1,768 sqft |
| 2024-03-01 | 0 days | 1,792 sqft |
Arkadelphia's median square footage for active listings during the 2024-03-01 period was 1,792 sqft. One year prior, the average listing was 1,590 sqft.