Harrison USDA Loan Rates, Closing Costs & Stats

Harrison, AR

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Harrison's 12 lenders originated 55 USDA loans during 2023. The total origination value was $8,865,000, with an average USDA loan value of $161,182.

    Harrison USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Harrison averaged 6.24% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    Harrison's average USDA mortgage closing costs are $4,239.

    The average rate for the prior week (2024-12-06) was 6.38% and one month ago for the week of 2024-11-08, the average rate was 6.59%.

    The average rate one year ago was 6.86%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.2%.

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

    Harrison 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 Harrison level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 10 6.70% $6,308
    DAS Acquisition Company, LLC 5 7.28% $5,912
    Equity Bank 4 6.03% $3,999
    Plains Commerce Bank 4 6.22% $2,805
    First Community Bank 3 6.42% $6,519
    Arvest Bank 2 7.00% $4,776
    UNION HOME MORTGAGE CORP. 1 7.38% $4,294
    Centennial Bank 1 6.75% $6,146
    FLAT BRANCH MORTGAGE, INC. 1 7.13% $3,651
    GERSHMAN INVESTMENT CORP. 1 7.00% $5,213
    MID AMERICA MORTGAGE, INC. 1 6.75% $5,577
    Regions Bank 1 6.25% $6,748

    The top Harrison USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 10 USDA loans originated. Their average total fees are $6,308, which is $396 higher than the next largest lender, DAS Acquisition Company, LLC.

    The lowest fee Harrison USDA lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY ($6,308), .

    The lowest rate Harrison USDA lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY (6.70%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Harrison (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 $154,950 (10.8%) $219,357 (10.2%) 0.00 271
    2018-02-01 $154,925 (9.7%) $207,174 (-4.3%) 0.00 268
    2018-03-01 $149,900 (0.0%) $202,389 (-8.3%) 0.00 258
    2018-04-01 $149,450 (-4.5%) $201,648 (-11.7%) 0.00 254
    2018-05-01 $149,000 (-6.7%) $199,173 (-12.1%) 0.00 256
    2018-06-01 $150,000 (-4.5%) $207,423 (-6.7%) 0.00 270
    2018-07-01 $152,350 (1.6%) $209,379 (-4.0%) 0.00 285
    2018-08-01 $149,900 (-9.1%) $208,590 (-3.4%) 0.00 296
    2018-09-01 $149,900 (-9.1%) $207,938 (-3.8%) 0.00 305
    2018-10-01 $149,975 (-6.6%) $205,988 (-7.7%) 0.00 299
    2018-11-01 $143,725 (-9.9%) $201,355 (-6.6%) 0.00 302
    2018-12-01 $146,125 (-5.7%) $205,069 (-6.0%) 0.00 274
    2019-01-01 $143,500 (-7.4%) $202,126 (-7.9%) 0.00 258
    2019-02-01 $149,900 (-3.2%) $205,621 (-0.8%) 0.00 260
    2019-03-01 $154,186 (2.9%) $215,395 (6.4%) 0.00 261
    2019-04-01 $161,900 (8.3%) $230,219 (14.2%) 0.00 262
    2019-05-01 $162,925 (9.4%) $236,962 (19.0%) 0.00 272
    2019-06-01 $165,000 (10.0%) $239,026 (15.2%) 0.00 271
    2019-07-01 $169,450 (11.2%) $239,303 (14.3%) 0.00 273
    2019-08-01 $168,745 (12.6%) $242,176 (16.1%) 0.00 260
    2019-09-01 $174,514 (16.4%) $249,530 (20.0%) 0.00 254
    2019-10-01 $178,359 (18.9%) $249,423 (21.1%) 0.00 250
    2019-11-01 $175,000 (21.8%) $245,500 (21.9%) 0.00 253
    2019-12-01 $176,000 (20.4%) $246,256 (20.1%) 0.00 232
    2020-01-01 $178,450 (24.4%) $270,883 (34.0%) 0.00 211
    2020-02-01 $174,250 (16.2%) $273,434 (33.0%) 0.00 201
    2020-03-01 $179,950 (16.7%) $286,058 (32.8%) 0.00 197
    2020-04-01 $179,900 (11.1%) $270,715 (17.6%) 0.00 190
    2020-05-01 $172,167 (5.7%) $276,749 (16.8%) 0.00 170
    2020-06-01 $181,950 (10.3%) $292,233 (22.3%) 0.00 157
    2020-07-01 $202,950 (19.8%) $304,536 (27.3%) 0.00 134
    2020-08-01 $218,250 (29.3%) $313,808 (29.6%) 0.00 117
    2020-09-01 $213,700 (22.5%) $335,440 (34.4%) 0.00 105
    2020-10-01 $219,000 (22.8%) $351,827 (41.1%) 0.00 100
    2020-11-01 $221,200 (26.4%) $352,093 (43.4%) 0.00 97
    2020-12-01 $199,700 (13.5%) $337,365 (37.0%) 0.00 96
    2021-01-01 $219,900 (23.2%) $362,111 (33.7%) 0.00 81
    2021-02-01 $259,900 (49.2%) $405,390 (48.3%) 0.00 68
    2021-03-01 $247,675 (37.6%) $408,808 (42.9%) 0.00 70
    2021-04-01 $271,000 (50.6%) $446,747 (65.0%) 0.00 67
    2021-05-01 $259,900 (51.0%) $460,165 (66.3%) 0.00 61
    2021-06-01 $272,450 (49.7%) $477,141 (63.3%) 0.00 58
    2021-07-01 $268,800 (32.5%) $340,296 (11.7%) 0.00 73
    2021-08-01 $246,425 (12.9%) $379,728 (21.0%) 0.00 89
    2021-09-01 $260,500 (21.9%) $417,384 (24.4%) 0.00 92
    2021-10-01 $237,400 (8.4%) $411,742 (17.0%) 0.00 87
    2021-11-01 $239,950 (8.5%) $424,268 (20.5%) 0.00 84
    2021-12-01 $237,450 (18.9%) $417,545 (23.8%) 0.00 83
    2022-01-01 $249,900 (13.6%) $449,316 (24.1%) 0.00 80
    2022-02-01 $273,725 (5.3%) $491,868 (21.3%) 0.00 73
    2022-03-01 $294,950 (19.1%) $508,305 (24.3%) 0.00 81
    2022-04-01 $294,950 (8.8%) $473,585 (6.0%) 0.00 89
    2022-05-01 $326,225 (25.5%) $470,829 (2.3%) 0.00 98
    2022-06-01 $329,925 (21.1%) $456,549 (-4.3%) 0.00 123
    2022-07-01 $329,950 (22.8%) $453,913 (33.4%) 0.00 154
    2022-08-01 $339,500 (37.8%) $463,144 (22.0%) 0.00 156
    2022-09-01 $328,250 (26.0%) $443,733 (6.3%) 0.00 160
    2022-10-01 $326,250 (37.4%) $434,646 (5.6%) 0.00 171
    2022-11-01 $316,000 (31.7%) $427,477 (0.8%) 0.00 165
    2022-12-01 $299,900 (26.3%) $423,513 (1.4%) 0.00 165
    2023-01-01 $307,450 (23.0%) $432,091 (-3.8%) 0.00 144
    2023-02-01 $320,000 (16.9%) $437,374 (-11.1%) 0.00 143
    2023-03-01 $302,400 (2.5%) $441,227 (-13.2%) 0.00 145
    2023-04-01 $299,900 (1.7%) $441,311 (-6.8%) 0.00 143
    2023-05-01 $318,675 (-2.3%) $447,272 (-5.0%) 0.00 138
    2023-06-01 $306,200 (-7.2%) $454,752 (-0.4%) 0.00 153
    2023-07-01 $300,000 (-9.1%) $457,828 (0.9%) 0.00 166
    2023-08-01 $299,900 (-11.7%) $465,685 (0.6%) 0.00 171
    2023-09-01 $315,000 (-4.0%) $443,760 (0.0%) 0.00 188
    2023-10-01 $304,925 (-6.5%) $438,899 (1.0%) 0.00 193
    2023-11-01 $294,225 (-6.9%) $433,335 (1.4%) 0.00 198
    2023-12-01 $299,900 (0.0%) $449,271 (6.1%) 0.00 197
    2024-01-01 $299,900 (-2.5%) $420,263 (-2.7%) 0.00 186
    2024-02-01 $299,900 (-6.3%) $414,292 (-5.3%) 0.00 187
    2024-03-01 $308,000 (1.9%) $422,991 (-4.1%) 0.00 198
    2024-04-01 $324,750 (8.3%) $468,857 (6.2%) 0.00 196
    2024-05-01 $327,000 (2.6%) $476,921 (6.6%) 0.00 197
    2024-06-01 $317,450 (3.7%) $461,699 (1.5%) 0.00 206
    2024-07-01 $322,450 (7.5%) $460,258 (0.5%) 0.00 215
    2024-08-01 $325,000 (8.4%) $447,234 (-4.0%) 0.00 229
    2024-09-01 $318,333 (1.1%) $429,090 (-3.3%) 0.00 276
    2024-10-01 $299,450 (-1.8%) $420,015 (-4.3%) 0.00 252
    2024-11-01 $309,900 (5.3%) $435,470 (0.5%) 0.00 268
    Harrison's median listing price for 2024-11-01 was $309,900, a difference of $15,675 (5.3%) versus the prior year and $10,450 versus the prior month.

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

    Harrison's average listing price for 2024-11-01 was $435,470, a difference of $2,135 (0.5%) versus the prior year and $15,455 versus the prior month.

    For the 2024-11-01 period, Harrison had 268 MLS listings, a difference of 16 listings (6%) versus the prior month and 70 listings (35%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Harrison (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,764 sqft
    2018-02-01 0 days 1,764 sqft
    2018-03-01 0 days 1,750 sqft
    2018-04-01 0 days 1,775 sqft
    2018-05-01 0 days 1,750 sqft
    2018-06-01 0 days 1,804 sqft
    2018-07-01 0 days 1,833 sqft
    2018-08-01 0 days 1,798 sqft
    2018-09-01 0 days 1,749 sqft
    2018-10-01 0 days 1,717 sqft
    2018-11-01 0 days 1,742 sqft
    2018-12-01 0 days 1,759 sqft
    2019-01-01 0 days 1,736 sqft
    2019-02-01 0 days 1,744 sqft
    2019-03-01 0 days 1,772 sqft
    2019-04-01 0 days 1,802 sqft
    2019-05-01 0 days 1,799 sqft
    2019-06-01 0 days 1,816 sqft
    2019-07-01 0 days 1,849 sqft
    2019-08-01 0 days 1,823 sqft
    2019-09-01 0 days 1,810 sqft
    2019-10-01 0 days 1,799 sqft
    2019-11-01 0 days 1,748 sqft
    2019-12-01 0 days 1,800 sqft
    2020-01-01 0 days 1,819 sqft
    2020-02-01 0 days 1,796 sqft
    2020-03-01 0 days 1,825 sqft
    2020-04-01 0 days 1,831 sqft
    2020-05-01 0 days 1,850 sqft
    2020-06-01 0 days 1,989 sqft
    2020-07-01 0 days 1,967 sqft
    2020-08-01 0 days 2,132 sqft
    2020-09-01 0 days 2,042 sqft
    2020-10-01 0 days 1,980 sqft
    2020-11-01 0 days 2,011 sqft
    2020-12-01 0 days 1,883 sqft
    2021-01-01 0 days 1,802 sqft
    2021-02-01 0 days 1,821 sqft
    2021-03-01 0 days 1,768 sqft
    2021-04-01 0 days 1,855 sqft
    2021-05-01 0 days 2,310 sqft
    2021-06-01 0 days 2,174 sqft
    2021-07-01 0 days 1,900 sqft
    2021-08-01 0 days 1,833 sqft
    2021-09-01 0 days 1,802 sqft
    2021-10-01 0 days 1,724 sqft
    2021-11-01 0 days 1,725 sqft
    2021-12-01 0 days 1,724 sqft
    2022-01-01 0 days 1,723 sqft
    2022-02-01 0 days 1,725 sqft
    2022-03-01 0 days 1,743 sqft
    2022-04-01 0 days 1,746 sqft
    2022-05-01 0 days 2,019 sqft
    2022-06-01 0 days 2,048 sqft
    2022-07-01 0 days 2,048 sqft
    2022-08-01 0 days 2,015 sqft
    2022-09-01 0 days 2,071 sqft
    2022-10-01 0 days 2,048 sqft
    2022-11-01 0 days 1,860 sqft
    2022-12-01 0 days 1,860 sqft
    2023-01-01 0 days 1,944 sqft
    2023-02-01 0 days 1,903 sqft
    2023-03-01 0 days 1,913 sqft
    2023-04-01 0 days 1,920 sqft
    2023-05-01 0 days 1,948 sqft
    2023-06-01 0 days 1,920 sqft
    2023-07-01 0 days 1,944 sqft
    2023-08-01 0 days 1,910 sqft
    2023-09-01 0 days 1,887 sqft
    2023-10-01 0 days 1,879 sqft
    2023-11-01 0 days 1,798 sqft
    2023-12-01 0 days 1,783 sqft
    2024-01-01 0 days 1,799 sqft
    2024-02-01 0 days 1,796 sqft
    2024-03-01 0 days 1,800 sqft
    2024-04-01 0 days 1,926 sqft
    2024-05-01 0 days 1,979 sqft
    2024-06-01 0 days 1,956 sqft
    2024-07-01 0 days 1,993 sqft
    2024-08-01 0 days 1,997 sqft
    2024-09-01 0 days 1,959 sqft
    2024-10-01 0 days 1,888 sqft
    2024-11-01 0 days 1,890 sqft
    Harrison's median listing age (time on market) for 2024-11-01 was 0 days.

    Harrison's median square footage for active listings during the 2024-11-01 period was 1,890 sqft. One year prior, the average listing was 1,798 sqft.