Paragould Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Paragould averaged 6.78% for the week of 2024-02-22, compared to the national average of 6.9% for the same period.

The average rate for the prior week (2024-02-15) was 6.35% and one month ago for the week of 2024-01-18, the average rate was 6.48%.

Paragould's average rate one year ago was 6.53%.

For refis of the same type during the week of 2024-02-22, the average rate was 7.3%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-22 6.9%
Paragould 30 Year Fixed Rate 2024-02-22 6.78%
Paragould 30 Year Fixed Rate Refi 2024-02-22 7.3%
Paragould 15 Year Fixed Rate 2024-02-22 6.09%
Paragould 15 Year Fixed Rate Refi 2024-02-22 6.39%
Paragould 30 Year FHA 2024-02-22 -0.32%
Paragould 30 Year FHA Refi 2024-02-22 0%
Paragould 30 Year USDA 2024-02-22 -0.4%
Paragould 30 Year USDA Refi 2024-02-22 -0.2%
Paragould 30 Year VA 2024-02-22 0.1%
Paragould 30 Year VA Refi 2024-02-22 0%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Paragould, AR.

Paragould 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 Paragould, AR 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Simmons Bank 37 5.06% $3,028
First National Bank 37 5.46% $1,463
QUICKEN LOANS, LLC 28 5.06% $5,427
DAS Acquisition Company, LLC 21 5.47% $4,194
MORTGAGE INVESTORS GROUP, INC. 16 4.21% $4,266
Citizens Bank 11 5.13% $4,115
Arvest Bank 10 4.46% $3,093
First Community Bank 9 4.74% $5,833
Southern Bank 9 4.83% $1,750
Centennial Bank 8 4.78% $2,809
BancorpSouth 8 4.97% $3,103
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 8 5.05% $3,246
EVERETT FINANCIAL, INC. 6 4.42% $1,503
ENCORE BANK 5 4.46% $2,793
AMERISAVE MORTGAGE CORPORATION 5 4.45% $5,833
CMG MORTGAGE, INC. 5 4.70% $4,007
First Financial Bank 4 4.44% $4,340
Deere Employees Credit Union 4 3.56% $2,448
LOANDEPOT.COM, LLC 4 3.37% $6,712
Wells Fargo Bank 3 4.92% $6,750
CARDINAL FINANCIAL 3 4.75% $6,594
UNITED WHOLESALE MORTGAGE, LLC 3 4.28% $5,869
WILLOW BEND MORTGAGE COMPANY, LLC 3 6.25% $5,356
Eagle Bank and Trust Company 3 4.88% $4,772
PENNYMAC LOAN SERVICES, LLC 3 5.00% $4,719
Flagstar Bank, FSB 2 6.44% $4,940
AgFirst Farm Credit Bank 2 4.44% $6,047
NAVY FEDERAL CREDIT UNION 2 6.31% $2,360
ROYAL UNITED MORTGAGE LLC 2 5.31% $5,526
STOCKTON MORTGAGE CORPORATION 2 5.75% $4,810
Evolve Bank & Trust 2 4.88% $5,124
ACADEMY MORTGAGE CORPORATION 2 4.31% $14,688
U.S. Bank 2 4.94% $2,952
VANDERBILT MORTGAGE AND FINANCE, INC. 2 6.19% $8,106
Bank of England 2 5.13% $3,911
FirstTrust Home Loans, Inc. 2 5.44% $3,132
The Central Trust Bank 1 3.13% $3,896
AMERICAN FINANCING CORPORATION 1 4.63% $6,518
ARKANSAS Federal Credit Union 1 4.88% $3,971
Barrington Bank & Trust Company, N.A. 1 3.49% $2,241
Baxter Credit Union 1 6.00% $2,569
BROKER SOLUTIONS, INC. 1 6.88% $11,279
Carrington Mortgage Services, LLC 1 3.25% $4,797
Chicago Mortgage Solutions LLC 1 3.74% $2,550
CHURCHILL MORTGAGE CORPORATION 1 4.38% $3,436
COMMUNITY MORTGAGE CORPORATION 1 4.50% $5,070
Discover Bank 1 4.15% $0
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 3.75% $1,165
First Citizens National Bank 1 3.88% $2,504
First Guaranty Mortgage Corporation 1 4.25% $6,885
First Horizon Bank 1 5.50% $2,336
First Security Bank 1 4.50% $6,272
FOUR POINTS 1 5.13% $1,581
FREEDOM MORTGAGE CORPORATION 1 5.50% $6,200
Gateway First Bank 1 3.88% $2,566
GUILD MORTGAGE COMPANY 1 3.25% $3,114
JPMorgan Chase Bank 1 3.13% $3,341
Northpointe Bank 1 3.25% $5,138
Pinnacle Bank 1 5.13% $2,439
Regions Bank 1 6.00% $9,967
RUOFF MORTGAGE COMPANY, INC. 1 3.63% $2,700
SUCCESS Federal Credit Union 1 3.96% $2,454
SWBC MORTGAGE CORPORATION 1 5.38% $3,209
The Farmers & Merchants Bank 1 4.00% $2,227
The Federal Savings Bank 1 4.25% $5,439
TOP FLITE FINANCIAL, INC. 1 5.13% $3,839

Paragould Average Closing Costs & Other Stats

Paragould, AR's 66 lenders originated 1,177 loans during 2022. The total origination value was $212,625,000, with an average loan value of $180,650.

Paragould's average closing costs are $4,062.

The top Paragould lender as defined by loan originations is Simmons Bank, with 37 loans originated. Their average total fees are $3,028, which is $1,565 higher than the next largest lender, First National Bank.

The lowest fee Paragould lenders (with over 10 loans originated) are First National Bank ($1,463), Simmons Bank ($3,028), Arvest Bank ($3,093), Citizens Bank ($4,115) and DAS Acquisition Company, LLC ($4,194).

The lowest rate Paragould lenders (with over 10 loans originated) are MORTGAGE INVESTORS GROUP, INC. (4.21%), Arvest Bank (4.46%), QUICKEN LOANS, LLC (5.06%), Simmons Bank (5.06%) and Citizens Bank (5.13%).

Paragould, AR 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
First National Bank $33,310,000 $25,685,000 -22.9% 12.1%
DAS Acquisition Company, LLC $25,235,000 $20,805,000 -17.6% 9.8%
Simmons Bank $7,640,000 $14,775,000 93.4% 6.9%
The Citizens Bank $185,000 $14,380,000 7,673.0% 6.8%
Focus Bank $13,145,000 $12,850,000 -2.2% 6.0%
QUICKEN LOANS, LLC $22,920,000 $12,730,000 -44.5% 6.0%
MORTGAGE INVESTORS GROUP, INC. $17,525,000 $7,190,000 -59.0% 3.4%
Unico Bank $6,755,000 $6,920,000 2.4% 3.3%
Arvest Bank $4,225,000 $6,565,000 55.4% 3.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $4,630,000 $5,555,000 20.0% 2.6%
CMG MORTGAGE, INC. $7,065,000 $4,625,000 -34.5% 2.2%
Centennial Bank $6,300,000 $4,495,000 -28.7% 2.1%
Southern Bank $5,740,000 $4,370,000 -23.9% 2.1%
BancorpSouth Bank $5,465,000 $4,355,000 -20.3% 2.0%
Citizens Bank $1,770,000 $4,305,000 143.2% 2.0%
EVERETT FINANCIAL, INC. $2,345,000 $4,000,000 70.6% 1.9%
First Financial Bank $2,000,000 $3,335,000 66.8% 1.6%
First Community Bank $8,480,000 $3,295,000 -61.1% 1.5%
AMERISAVE MORTGAGE CORPORATION $2,185,000 $2,640,000 20.8% 1.2%
ENCORE BANK $3,345,000 $2,285,000 -31.7% 1.1%
Mortgage Research Center, LLC $4,185,000 $2,195,000 -47.6% 1.0%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $3,810,000 $2,020,000 -47.0% 1.0%
UNITED WHOLESALE MORTGAGE, LLC $5,910,000 $1,820,000 -69.2% 0.9%
BROKER SOLUTIONS, INC. $800,000 $1,810,000 126.3% 0.9%
LOANDEPOT.COM, LLC $2,055,000 $1,800,000 -12.4% 0.8%
WILLOW BEND MORTGAGE COMPANY, LLC $240,000 $1,585,000 560.4% 0.7%
Eagle Bank and Trust Company $3,085,000 $1,500,000 -51.4% 0.7%
Evolve Bank & Trust $1,855,000 $1,425,000 -23.2% 0.7%
First Horizon Bank $1,320,000 $1,345,000 1.9% 0.6%
NAVY FEDERAL CREDIT UNION $280,000 $1,285,000 358.9% 0.6%
ACADEMY MORTGAGE CORPORATION $410,000 $1,235,000 201.2% 0.6%
SUCCESS Federal Credit Union $1,075,000 $1,230,000 14.4% 0.6%
CALIBER HOME LOANS, INC. $2,225,000 $1,210,000 -45.6% 0.6%
FREEDOM MORTGAGE CORPORATION $6,690,000 $1,050,000 -84.3% 0.5%
PENNYMAC LOAN SERVICES, LLC $2,730,000 $910,000 -66.7% 0.4%
AgFirst Farm Credit Bank $345,000 $880,000 155.1% 0.4%
FirstTrust Home Loans, Inc. $550,000 $875,000 59.1% 0.4%
Regions Bank $3,045,000 $860,000 -71.8% 0.4%
NEW DAY FINANCIAL, LLC $1,470,000 $845,000 -42.5% 0.4%
USAA Federal Savings Bank $175,000 $820,000 368.6% 0.4%
The Central Trust Bank $800,000 n/a 0.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $585,000 $790,000 35.0% 0.4%
21ST MORTGAGE CORPORATION $555,000 $770,000 38.7% 0.4%
PRIMARY RESIDENTIAL MORTGAGE, INC. $375,000 $770,000 105.3% 0.4%
AMERICAN FINANCING CORPORATION $575,000 $750,000 30.4% 0.4%
The Farmers & Merchants Bank $430,000 $715,000 66.3% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $1,820,000 $705,000 -61.3% 0.3%
VILLAGE CAPITAL MORTGAGE $1,940,000 $635,000 -67.3% 0.3%
Deere Employees Credit Union $265,000 $610,000 130.2% 0.3%
Wells Fargo Bank $3,010,000 $610,000 -79.7% 0.3%
Equity Prime Mortgage LLC $600,000 n/a 0.3%
U.S. Bank $230,000 $590,000 156.5% 0.3%
GUILD MORTGAGE COMPANY $620,000 $570,000 -8.1% 0.3%
Bank of England $165,000 $535,000 224.2% 0.3%
Chicago Mortgage Solutions LLC $535,000 n/a 0.3%
Barrington Bank & Trust Company, N.A. $565,000 $515,000 -8.8% 0.2%
Carrington Mortgage Services, LLC $495,000 $490,000 -1.0% 0.2%
TOP FLITE FINANCIAL, INC. $105,000 $445,000 323.8% 0.2%
Flagstar Bank, FSB $440,000 n/a 0.2%
LAKEVIEW LOAN SERVICING, LLC $540,000 $410,000 -24.1% 0.2%
Sierra Pacific Mortgage Company, Inc. $400,000 n/a 0.2%
STOCKTON MORTGAGE CORPORATION $400,000 n/a 0.2%
COMMUNITY MORTGAGE CORPORATION $165,000 $330,000 100.0% 0.2%
FOUR POINTS $125,000 $305,000 144.0% 0.1%
ARKANSAS Federal Credit Union $360,000 $300,000 -16.7% 0.1%
MORTGAGE FINANCIAL SERVICES, LLC $240,000 $300,000 25.0% 0.1%
The Federal Savings Bank $615,000 $300,000 -51.2% 0.1%
Discover Bank $285,000 n/a 0.1%
Northpointe Bank $285,000 n/a 0.1%
Baxter Credit Union $275,000 n/a 0.1%
JPMorgan Chase Bank $775,000 $270,000 -65.2% 0.1%
First Security Bank $410,000 $250,000 -39.0% 0.1%
American Airlines Federal Credit Union $245,000 n/a 0.1%
FNBC Bank $145,000 $230,000 58.6% 0.1%
RELIANCE FIRST CAPITAL, LLC $230,000 n/a 0.1%
CORNERSTONE HOME LENDING, INC. $225,000 n/a 0.1%
Mid-Continent Funding, Inc. $225,000 n/a 0.1%
PHH Mortgage Corporation $375,000 $215,000 -42.7% 0.1%
CLEARPATH LENDING $640,000 $205,000 -68.0% 0.1%
First Citizens National Bank $205,000 n/a 0.1%
First Guaranty Mortgage Corporation $125,000 $205,000 64.0% 0.1%
ROYAL UNITED MORTGAGE LLC $190,000 n/a 0.1%
Nations Lending Corporation $185,000 n/a 0.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $165,000 n/a 0.1%
Gateway First Bank $630,000 $165,000 -73.8% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $165,000 n/a 0.1%
SWBC MORTGAGE CORPORATION $165,000 n/a 0.1%
Pinnacle Bank $155,000 n/a 0.1%
Hamilton Mortgage Corporation $145,000 n/a 0.1%
Priority Bank $125,000 n/a 0.1%
RUOFF MORTGAGE COMPANY, INC. $125,000 $125,000 0.0% 0.1%
Flanagan State Bank $115,000 n/a 0.1%
PLANET HOME LENDING, LLC $115,000 n/a 0.1%
AMERICAN ADVISORS GROUP $110,000 n/a 0.1%
Figure Lending LLC $135,000 $105,000 -22.2% 0.0%
HOME POINT FINANCIAL CORPORATION $105,000 $85,000 -19.0% 0.0%
Signature Bank of Arkansas $75,000 n/a 0.0%
The First National Bank of Lawrence County at Walnut Ridge $15,000 $65,000 333.3% 0.0%
CHURCHILL MORTGAGE CORPORATION $105,000 $55,000 -47.6% 0.0%
Truist $105,000 $55,000 -47.6% 0.0%

Paragould's top lender by overall market share is First National Bank, with 12.1% market share. In second place, with 9.8%, is DAS Acquisition Company, LLC, having originated $20,805,000 in loans. In third place, with 6.9%, is Simmons Bank, having originated $14,775,000 in loans. In fourth place, with 6.8%, is The Citizens Bank, having originated $14,380,000 in loans. In fifth place, with 6.0%, is Focus Bank, having originated $12,850,000 in loans.


Paragould Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Paragould (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 $132,150 (-7.3%) $157,146 (-9.1%) 0.00 158
2018-02-01 $142,950 (4.0%) $157,252 (-8.3%) 0.00 150
2018-03-01 $154,900 (9.7%) $169,295 (-3.9%) 0.00 141
2018-04-01 $155,650 (9.4%) $166,798 (-8.7%) 0.00 135
2018-05-01 $146,200 (1.2%) $162,123 (-11.4%) 0.00 150
2018-06-01 $143,700 (2.7%) $168,519 (-3.5%) 0.00 162
2018-07-01 $155,650 (11.3%) $172,074 (-0.6%) 0.00 170
2018-08-01 $159,450 (17.3%) $186,364 (13.5%) 0.00 150
2018-09-01 $159,900 (23.6%) $196,079 (28.9%) 0.00 143
2018-10-01 $161,150 (24.5%) $197,683 (30.0%) 0.00 138
2018-11-01 $162,975 (26.0%) $188,150 (23.2%) 0.00 142
2018-12-01 $149,900 (15.8%) $166,003 (7.0%) 0.00 149
2019-01-01 $151,050 (14.3%) $164,061 (4.4%) 0.00 152
2019-02-01 $154,400 (8.0%) $166,286 (5.7%) 0.00 157
2019-03-01 $152,707 (-1.4%) $162,069 (-4.3%) 0.00 152
2019-04-01 $147,232 (-5.4%) $156,783 (-6.0%) 0.00 144
2019-05-01 $158,450 (8.4%) $174,931 (7.9%) 0.00 147
2019-06-01 $162,700 (13.2%) $186,286 (10.5%) 0.00 149
2019-07-01 $155,200 (-0.3%) $179,841 (4.5%) 0.00 169
2019-08-01 $151,155 (-5.2%) $175,671 (-5.7%) 0.00 176
2019-09-01 $147,636 (-7.7%) $171,210 (-12.7%) 0.00 176
2019-10-01 $147,591 (-8.4%) $169,694 (-14.2%) 0.00 176
2019-11-01 $157,900 (-3.1%) $181,497 (-3.5%) 0.00 161
2019-12-01 $155,200 (3.5%) $181,229 (9.2%) 0.00 145
2020-01-01 $157,725 (4.4%) $182,518 (11.3%) 0.00 134
2020-02-01 $170,950 (10.7%) $182,553 (9.8%) 0.00 135
2020-03-01 $175,225 (14.8%) $187,060 (15.4%) 0.00 138
2020-04-01 $181,150 (23.0%) $193,652 (23.5%) 0.00 127
2020-05-01 $174,950 (10.4%) $187,656 (7.3%) 0.00 128
2020-06-01 $154,900 (-4.8%) $177,722 (-4.6%) 0.00 94
2020-07-01 $164,900 (6.3%) $183,003 (1.8%) 0.00 95
2020-08-01 $169,900 (12.4%) $195,907 (11.5%) 0.00 76
2020-09-01 $176,200 (19.4%) $218,137 (27.4%) 0.00 77
2020-10-01 $140,000 (-5.1%) $183,491 (8.1%) 0.00 95
2020-11-01 $151,150 (-4.3%) $191,215 (5.4%) 0.00 96
2020-12-01 $159,900 (3.0%) $194,573 (7.4%) 0.00 95
2021-01-01 $157,900 (0.1%) $183,784 (0.7%) 0.00 105
2021-02-01 $129,900 (-24.0%) $171,282 (-6.2%) 0.00 104
2021-03-01 $109,750 (-37.4%) $180,994 (-3.2%) 0.00 101
2021-04-01 $128,720 (-28.9%) $188,548 (-2.6%) 0.00 98
2021-05-01 $121,950 (-30.3%) $178,669 (-4.8%) 0.00 89
2021-06-01 $134,300 (-13.3%) $178,253 (0.3%) 0.00 95
2021-07-01 $120,450 (-27.0%) $159,400 (-12.9%) 0.00 100
2021-08-01 $126,800 (-25.4%) $163,909 (-16.3%) 0.00 100
2021-09-01 $119,425 (-32.2%) $174,672 (-19.9%) 0.00 99
2021-10-01 $124,900 (-10.8%) $182,432 (-0.6%) 0.00 94
2021-11-01 $139,000 (-8.0%) $189,265 (-1.0%) 0.00 80
2021-12-01 $138,000 (-13.7%) $192,006 (-1.3%) 0.00 83
2022-01-01 $187,400 (18.7%) $223,359 (21.5%) 0.00 73
2022-02-01 $204,900 (57.7%) $251,608 (46.9%) 0.00 62
2022-03-01 $195,000 (77.7%) $229,768 (27.0%) 0.00 63
2022-04-01 $204,900 (59.2%) $239,596 (27.1%) 0.00 53
2022-05-01 $199,675 (63.7%) $241,352 (35.1%) 0.00 74
2022-06-01 $199,900 (48.9%) $212,792 (19.4%) 0.00 82
2022-07-01 $194,950 (61.9%) $215,330 (35.1%) 0.00 98
2022-08-01 $192,675 (52.0%) $214,905 (31.1%) 0.00 104
2022-09-01 $185,975 (55.7%) $214,448 (22.8%) 0.00 105
2022-10-01 $189,000 (51.3%) $219,618 (20.4%) 0.00 109
2022-11-01 $199,925 (43.8%) $238,045 (25.8%) 0.00 102
2022-12-01 $197,000 (42.8%) $235,623 (22.7%) 0.00 95
2023-01-01 $182,400 (-2.7%) $226,200 (1.3%) 0.00 84
2023-02-01 $199,575 (-2.6%) $231,234 (-8.1%) 0.00 89
2023-03-01 $231,200 (18.6%) $247,991 (7.9%) 0.00 90
2023-04-01 $243,450 (18.8%) $268,445 (12.0%) 0.00 93
2023-05-01 $243,725 (22.1%) $269,853 (11.8%) 0.00 82
2023-06-01 $238,475 (19.3%) $259,052 (21.7%) 0.00 96
2023-07-01 $240,950 (23.6%) $251,434 (16.8%) 0.00 101
2023-08-01 $245,950 (27.7%) $265,156 (23.4%) 0.00 105
2023-09-01 $237,900 (27.9%) $250,453 (16.8%) 0.00 99
2023-10-01 $219,725 (16.3%) $234,696 (6.9%) 0.00 103
2023-11-01 $209,900 (5.0%) $228,555 (-4.0%) 0.00 112
2023-12-01 $204,900 (4.0%) $224,433 (-4.8%) 0.00 112
Paragould's median listing price for 2023-12-01 was $204,900, a difference of $7,900 (4.0%) versus the prior year and $-5,000 versus the prior month.

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

Paragould's average listing price for 2023-12-01 was $224,433, a difference of $-11,190 (-4.8%) versus the prior year and $-4,122 versus the prior month.

For the 2023-12-01 period, Paragould had 112 MLS listings, a difference of 0 listings (0%) versus the prior month and 17 listings (18%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Paragould (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,542 sqft
2018-02-01 0 days 1,539 sqft
2018-03-01 0 days 1,550 sqft
2018-04-01 0 days 1,639 sqft
2018-05-01 0 days 1,642 sqft
2018-06-01 0 days 1,587 sqft
2018-07-01 0 days 1,667 sqft
2018-08-01 0 days 1,714 sqft
2018-09-01 0 days 1,854 sqft
2018-10-01 0 days 1,857 sqft
2018-11-01 0 days 1,876 sqft
2018-12-01 0 days 1,675 sqft
2019-01-01 0 days 1,665 sqft
2019-02-01 0 days 1,600 sqft
2019-03-01 0 days 1,576 sqft
2019-04-01 0 days 1,550 sqft
2019-05-01 0 days 1,665 sqft
2019-06-01 0 days 1,732 sqft
2019-07-01 0 days 1,675 sqft
2019-08-01 0 days 1,674 sqft
2019-09-01 0 days 1,659 sqft
2019-10-01 0 days 1,664 sqft
2019-11-01 0 days 1,775 sqft
2019-12-01 0 days 1,906 sqft
2020-01-01 0 days 1,855 sqft
2020-02-01 0 days 1,800 sqft
2020-03-01 0 days 1,800 sqft
2020-04-01 0 days 1,839 sqft
2020-05-01 0 days 1,760 sqft
2020-06-01 0 days 1,647 sqft
2020-07-01 0 days 1,700 sqft
2020-08-01 0 days 1,708 sqft
2020-09-01 0 days 1,693 sqft
2020-10-01 0 days 1,590 sqft
2020-11-01 0 days 1,593 sqft
2020-12-01 0 days 1,585 sqft
2021-01-01 0 days 1,584 sqft
2021-02-01 0 days 1,462 sqft
2021-03-01 0 days 1,450 sqft
2021-04-01 0 days 1,472 sqft
2021-05-01 0 days 1,400 sqft
2021-06-01 0 days 1,402 sqft
2021-07-01 0 days 1,383 sqft
2021-08-01 0 days 1,383 sqft
2021-09-01 0 days 1,376 sqft
2021-10-01 0 days 1,303 sqft
2021-11-01 0 days 1,383 sqft
2021-12-01 0 days 1,458 sqft
2022-01-01 0 days 1,695 sqft
2022-02-01 0 days 1,760 sqft
2022-03-01 0 days 1,710 sqft
2022-04-01 0 days 1,708 sqft
2022-05-01 0 days 1,702 sqft
2022-06-01 0 days 1,670 sqft
2022-07-01 0 days 1,687 sqft
2022-08-01 0 days 1,656 sqft
2022-09-01 0 days 1,654 sqft
2022-10-01 0 days 1,634 sqft
2022-11-01 0 days 1,689 sqft
2022-12-01 0 days 1,703 sqft
2023-01-01 0 days 1,673 sqft
2023-02-01 0 days 1,774 sqft
2023-03-01 0 days 1,846 sqft
2023-04-01 0 days 1,931 sqft
2023-05-01 0 days 1,841 sqft
2023-06-01 0 days 1,869 sqft
2023-07-01 0 days 1,808 sqft
2023-08-01 0 days 1,861 sqft
2023-09-01 0 days 1,789 sqft
2023-10-01 0 days 1,739 sqft
2023-11-01 0 days 1,680 sqft
2023-12-01 0 days 1,680 sqft
Paragould's median listing age (time on market) for 2023-12-01 was 0 days.

Paragould's median square footage for active listings during the 2023-12-01 period was 1,680 sqft. One year prior, the average listing was 1,703 sqft.

Paragould, AR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 768 $154,530,000 $201,211
Refi 176 $29,980,000 $170,341
Cash Out Refi 131 $21,175,000 $161,641
Home Improvement 55 $4,025,000 $73,182
Other 47 $2,915,000 $62,021

Paragould's most frequently cited loan purpose was Home Purchase, with 768 originations. The 2nd most popular reason was Refi, with 176 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
4-5% 286 $63,060,000 $220,490
5-6% 281 $50,055,000 $178,132
3-4% 192 $31,470,000 $163,906
6-7% 155 $26,425,000 $170,484
2.5-3% 54 $11,690,000 $216,481
7-8% 45 $7,275,000 $161,667
Over 8% 20 $1,530,000 $76,500
<2.5% 7 $1,055,000 $150,714

During 2022, Paragould's most frequently originated rate bucket was 4-5%, with 286 originations.

Loan Sizing (Paragould, AR MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 573 $85,175,000 $148,647
$100,000 or less 292 $17,460,000 $59,795
$200k-400k 265 $68,245,000 $257,528
$400k-600k 30 $14,200,000 $473,333
$600k-1000k 12 $8,390,000 $699,167
$Over $1MM 5 $19,155,000 $3,831,000

Paragould's loan sizing saw the bucket of loans from $100k-200k with 573 originations, totaling $85,175,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 582 $109,430,000 $188,024
60-80% 255 $60,955,000 $239,039
40-60% 82 $11,260,000 $137,317
20-40% 49 $3,535,000 $72,143
Under 20% 44 $1,290,000 $29,318
Over 100% 22 $5,090,000 $231,364

Paragould's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 582 originations, totaling $109,430,000 in origination value.