Paragould Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Paragould averaged 6.7% for the week of 2023-03-23, compared to the national average of 6.42% for the same period.

    The average rate for the prior week (2023-03-16) was 7.08% and one month ago for the week of 2023-02-16, the average rate was 6.9%.

    Paragould's average rate one year ago was 3.84%.

    For refis of the same type during the week of 2023-03-23, the average rate was 6.8%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-23 6.42%
    Paragould 30 Year Fixed Rate 2023-03-23 6.7%
    Paragould 30 Year Fixed Rate Refi 2023-03-23 6.8%
    Paragould 15 Year Fixed Rate 2023-03-23 6.9%
    Paragould 15 Year Fixed Rate Refi 2023-03-23 6.3%
    Paragould 30 Year FHA 2023-03-23 6.52%
    Paragould 30 Year FHA Refi 2023-03-23 5.9%
    Paragould 30 Year USDA 2023-03-23 6.24%
    Paragould 30 Year USDA Refi 2023-03-23 6.06%
    Paragould 30 Year VA 2023-03-23 6.3%
    Paragould 30 Year VA Refi 2023-03-23 5.57%
    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 Bank 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 COMPANY, LIMITED PARTNERSHIP 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 $146,800 (1.6%) $162,123 (-11.4%) 0.00 151
    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 $163,200 (26.1%) $188,926 (23.7%) 0.00 141
    2018-12-01 $149,900 (15.8%) $166,597 (7.4%) 0.00 148
    2019-01-01 $152,400 (15.3%) $164,633 (4.8%) 0.00 151
    2019-02-01 $154,400 (8.0%) $166,189 (5.7%) 0.00 157
    2019-03-01 $152,707 (-1.4%) $161,979 (-4.3%) 0.00 152
    2019-04-01 $147,232 (-5.4%) $156,703 (-6.1%) 0.00 144
    2019-05-01 $158,450 (7.9%) $174,837 (7.8%) 0.00 147
    2019-06-01 $162,700 (13.2%) $186,184 (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 (-3.3%) $181,497 (-3.9%) 0.00 161
    2019-12-01 $155,200 (3.5%) $181,229 (8.8%) 0.00 145
    2020-01-01 $157,725 (3.5%) $182,518 (10.9%) 0.00 134
    2020-02-01 $170,950 (10.7%) $182,553 (9.9%) 0.00 135
    2020-03-01 $175,225 (14.8%) $187,060 (15.5%) 0.00 138
    2020-04-01 $181,150 (23.0%) $193,652 (23.6%) 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 (-4.5%) 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 $133,700 (-13.7%) $178,659 (0.5%) 0.00 95
    2021-07-01 $119,900 (-27.3%) $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 $199,450 (63.6%) $239,924 (34.3%) 0.00 75
    2022-06-01 $199,900 (49.5%) $210,834 (18.0%) 0.00 83
    2022-07-01 $194,900 (62.6%) $212,962 (33.6%) 0.00 98
    2022-08-01 $190,225 (50.0%) $211,792 (29.2%) 0.00 104
    2022-09-01 $184,900 (54.8%) $212,368 (21.6%) 0.00 104
    2022-10-01 $187,450 (50.1%) $219,465 (20.3%) 0.00 108
    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
    Paragould's median listing price for 2023-02-01 was $199,575, a difference of $-5,325 (-2.6%) versus the prior year and $17,175 versus the prior month.

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

    Paragould's average listing price for 2023-02-01 was $231,234, a difference of $-20,374 (-8.1%) versus the prior year and $5,034 versus the prior month.

    For the 2023-02-01 period, Paragould had 89 MLS listings, a difference of 5 listings (6%) versus the prior month and 27 listings (44%) 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 1,572 sqft
    2019-04-01 0 days 1,539 sqft
    2019-05-01 0 days 1,657 sqft
    2019-06-01 0 days 1,731 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 1,400 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 1,687 sqft
    2022-06-01 0 days 1,657 sqft
    2022-07-01 0 days 1,667 sqft
    2022-08-01 0 days 1,654 sqft
    2022-09-01 0 days 1,642 sqft
    2022-10-01 0 days 1,622 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
    Paragould's median listing age (time on market) for 2023-02-01 was 0 days.

    Paragould's median square footage for active listings during the 2023-02-01 period was 1,774 sqft. One year prior, the average listing was 1,760 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.