Paragould Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Paragould averaged 7.38% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 7.16% and one month ago for the week of 2024-03-14, the average rate was 6.92%.

    Paragould's average rate one year ago was 6.35%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.6%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Paragould 30 Year Fixed Rate 2024-04-18 7.38%
    Paragould 30 Year Fixed Rate Refi 2024-04-18 7.6%
    Paragould 15 Year Fixed Rate 2024-04-18 6.39%
    Paragould 15 Year Fixed Rate Refi 2024-04-18 6.99%
    Paragould 30 Year FHA 2024-04-18 6.76%
    Paragould 30 Year FHA Refi 2024-04-18 6.86%
    Paragould 30 Year USDA 2024-04-18 6.92%
    Paragould 30 Year USDA Refi 2024-04-18 6.96%
    Paragould 30 Year VA 2024-04-18 6.96%
    Paragould 30 Year VA Refi 2024-04-18 6.66%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    MORTGAGE INVESTORS GROUP, INC. 21 5.75% $4,294
    QUICKEN LOANS, LLC 17 6.63% $5,467
    Centennial Bank 13 6.63% $2,980
    DAS Acquisition Company, LLC 12 7.27% $4,618
    Simmons Bank 12 6.47% $3,400
    First National Bank 10 8.65% $1,227
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 7 6.38% $4,596
    Citizens Bank 6 6.90% $3,799
    Southern Bank 6 7.52% $1,804
    FirstTrust Home Loans, Inc. 6 6.94% $4,538
    Arvest Bank 5 6.78% $4,421
    First Financial Bank 4 6.22% $5,962
    First Community Bank 4 7.51% $4,185
    Farm Credit Mid-America, ACA 4 6.78% $6,101
    BancorpSouth 3 6.21% $4,168
    BROKER SOLUTIONS, INC. 3 6.75% $6,520
    Wells Fargo Bank 3 6.88% $3,432
    Evolve Bank & Trust 3 7.08% $3,112
    Sierra Pacific Mortgage Company, Inc. 3 7.17% $5,378
    First Horizon Bank 2 6.19% $4,280
    STOCKTON MORTGAGE CORPORATION 2 7.06% $3,728
    Regions Bank 2 6.69% $2,303
    Nations Lending Corporation 2 6.50% $2,946
    Midwest Mortgage Associates Corporation 2 7.00% $4,744
    ZILLOW HOME LOANS, LLC 1 6.50% $3,067
    Ally Bank 1 6.63% $5,687
    AMERISAVE MORTGAGE CORPORATION 1 6.88% $5,256
    ARC HOME LLC 1 8.88% $7,928
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 1 6.13% $3,454
    CALIBER HOME LOANS, INC. 1 6.00% $3,420
    Deere Employees Credit Union 1 5.75% $2,734
    EVERETT FINANCIAL, INC. 1 7.25% $4,510
    First Security Bank 1 5.88% $4,415
    FLAT BRANCH MORTGAGE, INC. 1 7.25% $5,157
    GUILD MORTGAGE COMPANY 1 6.88% $3,872
    JPMorgan Chase Bank 1 6.99% $0
    Mortgage Research Center, LLC 1 6.63% $0
    NEWREZ LLC 1 6.25% $3,296
    PENNYMAC LOAN SERVICES, LLC 1 5.63% $5,179
    Plains Commerce Bank 1 5.75% $16,979
    SENTE MORTGAGE, INC. 1 7.88% $6,728
    Stifel Bank and Trust 1 5.38% $2,255
    The Central Trust Bank 1 6.38% $2,615
    The Farmers & Merchants Bank 1 7.38% $3,263
    Truist 1 7.25% $3,096
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.13% $3,549
    ACADEMY MORTGAGE CORPORATION 1 7.00% $3,970

    Paragould Average Closing Costs & Other Stats

    Paragould, AR's 47 lenders originated 883 loans during 2023. The total origination value was $139,775,000, with an average loan value of $158,296.

    Paragould's average closing costs are $4,269.

    The top Paragould lender as defined by loan originations is MORTGAGE INVESTORS GROUP, INC., with 21 loans originated. Their average total fees are $4,294, which is $1,173 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Paragould lenders (with over 10 loans originated) are First National Bank ($1,227), Centennial Bank ($2,980), Simmons Bank ($3,400), MORTGAGE INVESTORS GROUP, INC. ($4,294) and DAS Acquisition Company, LLC ($4,618).

    The lowest rate Paragould lenders (with over 10 loans originated) are MORTGAGE INVESTORS GROUP, INC. (5.75%), Simmons Bank (6.47%), Centennial Bank (6.63%), QUICKEN LOANS, LLC (6.63%) and DAS Acquisition Company, LLC (7.27%).

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    Focus Bank $12,850,000 $12,305,000 -4.2% 8.8%
    First National Bank $25,685,000 $10,270,000 -60.0% 7.3%
    DAS Acquisition Company, LLC $20,805,000 $9,940,000 -52.2% 7.1%
    MORTGAGE INVESTORS GROUP, INC. $7,190,000 $7,945,000 10.5% 5.7%
    Arvest Bank $6,565,000 $7,425,000 13.1% 5.3%
    QUICKEN LOANS, LLC $12,730,000 $6,870,000 -46.0% 4.9%
    Simmons Bank $14,775,000 $6,705,000 -54.6% 4.8%
    First Financial Bank $3,335,000 $5,665,000 69.9% 4.1%
    Unico Bank $6,920,000 $5,660,000 -18.2% 4.0%
    EVERETT FINANCIAL, INC. $4,000,000 $4,360,000 9.0% 3.1%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $5,555,000 $4,285,000 -22.9% 3.1%
    Mortgage Research Center, LLC $2,195,000 $3,735,000 70.2% 2.7%
    Southern Bank $4,370,000 $3,435,000 -21.4% 2.5%
    Centennial Bank $4,495,000 $3,105,000 -30.9% 2.2%
    Midwest Mortgage Associates Corporation $2,705,000 n/a 1.9%
    BancorpSouth $4,355,000 $2,545,000 -41.6% 1.8%
    BROKER SOLUTIONS, INC. $1,810,000 $2,360,000 30.4% 1.7%
    First Community Bank $3,295,000 $2,075,000 -37.0% 1.5%
    ENCORE BANK $2,285,000 $2,065,000 -9.6% 1.5%
    FirstTrust Home Loans, Inc. $875,000 $2,010,000 129.7% 1.4%
    Farm Credit Mid-America, ACA $1,615,000 n/a 1.2%
    Nations Lending Corporation $185,000 $1,550,000 737.8% 1.1%
    Sierra Pacific Mortgage Company, Inc. $400,000 $1,465,000 266.3% 1.0%
    Evolve Bank & Trust $1,425,000 $1,395,000 -2.1% 1.0%
    Citizens Bank $4,305,000 $1,295,000 -69.9% 0.9%
    Regions Bank $860,000 $1,240,000 44.2% 0.9%
    SUCCESS Federal Credit Union $1,230,000 $1,110,000 -9.8% 0.8%
    Cross County Bank $880,000 n/a 0.6%
    WILLOW BEND MORTGAGE COMPANY, LLC $1,585,000 $835,000 -47.3% 0.6%
    Bank of England $535,000 $830,000 55.1% 0.6%
    Wells Fargo Bank $610,000 $805,000 32.0% 0.6%
    STOCKTON MORTGAGE CORPORATION $400,000 $775,000 93.8% 0.6%
    21ST MORTGAGE CORPORATION $770,000 $755,000 -1.9% 0.5%
    ACADEMY MORTGAGE CORPORATION $1,235,000 $735,000 -40.5% 0.5%
    LOANDEPOT.COM, LLC $1,800,000 $715,000 -60.3% 0.5%
    Peoples Bank $710,000 n/a 0.5%
    UNITED WHOLESALE MORTGAGE, LLC $1,820,000 $700,000 -61.5% 0.5%
    First Horizon Bank $1,345,000 $695,000 -48.3% 0.5%
    The Farmers & Merchants Bank $715,000 $690,000 -3.5% 0.5%
    AMERICAN FINANCIAL RESOURCES, INC. $620,000 n/a 0.4%
    CALIBER HOME LOANS, INC. $1,210,000 $615,000 -49.2% 0.4%
    SOUTHWEST STAGE FUNDING, LLC $610,000 n/a 0.4%
    VANDERBILT MORTGAGE AND FINANCE, INC. $790,000 $545,000 -31.0% 0.4%
    PENNYMAC LOAN SERVICES, LLC $910,000 $510,000 -44.0% 0.4%
    Carrington Mortgage Services, LLC $490,000 $480,000 -2.0% 0.3%
    SENTE MORTGAGE, INC. $465,000 n/a 0.3%
    Cornerstone First Mortgage, Inc $460,000 n/a 0.3%
    FREEDOM MORTGAGE CORPORATION $1,050,000 $440,000 -58.1% 0.3%
    AMERISAVE MORTGAGE CORPORATION $2,640,000 $435,000 -83.5% 0.3%
    Eagle Bank and Trust Company $1,500,000 $430,000 -71.3% 0.3%
    Mr. Cooper ( Nationstar Mortgage ) $705,000 $420,000 -40.4% 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $395,000 n/a 0.3%
    JPMorgan Chase Bank $270,000 $385,000 42.6% 0.3%
    SUN WEST MORTGAGE COMPANY, INC. $370,000 n/a 0.3%
    Flanagan State Bank $115,000 $360,000 213.0% 0.3%
    Century Mortgage Company DBA Century Lending Company $350,000 n/a 0.3%
    NEW DAY FINANCIAL, LLC $845,000 $315,000 -62.7% 0.2%
    Plains Commerce Bank $315,000 n/a 0.2%
    Flagstar Bank, FSB $440,000 $305,000 -30.7% 0.2%
    GMFS LLC $305,000 n/a 0.2%
    Signature Bank of Arkansas $75,000 $305,000 306.7% 0.2%
    ARC HOME LLC $285,000 n/a 0.2%
    MID AMERICA MORTGAGE, INC. $255,000 n/a 0.2%
    Deere Employees Credit Union $610,000 $250,000 -59.0% 0.2%
    NAVY FEDERAL CREDIT UNION $1,285,000 $225,000 -82.5% 0.2%
    GUILD MORTGAGE COMPANY $570,000 $220,000 -61.4% 0.2%
    Paramount Residential Mortgage Group, Inc. $215,000 n/a 0.2%
    Figure Lending LLC $105,000 $210,000 100.0% 0.2%
    TRIAD FINANCIAL SERVICES, INC. $210,000 n/a 0.2%
    LIBERTY HOME MORTGAGE CORPORATION $205,000 n/a 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $195,000 n/a 0.1%
    ENDEAVOR CAPITAL, LLC. $195,000 n/a 0.1%
    Magnolia Bank $195,000 n/a 0.1%
    BANK OF LITTLE ROCK MORTGAGE CORPORATION $185,000 n/a 0.1%
    COMMUNITYAMERICA $185,000 n/a 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $770,000 $185,000 -76.0% 0.1%
    ARKANSAS Federal Credit Union $300,000 $180,000 -40.0% 0.1%
    First Security Bank $250,000 $170,000 -32.0% 0.1%
    ZILLOW HOME LOANS, LLC $165,000 n/a 0.1%
    FOUR POINTS $305,000 $155,000 -49.2% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $410,000 $155,000 -62.2% 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $165,000 $155,000 -6.1% 0.1%
    RUOFF MORTGAGE COMPANY, INC. $125,000 $155,000 24.0% 0.1%
    Ally Bank $145,000 n/a 0.1%
    Truist $55,000 $145,000 163.6% 0.1%
    Discover Bank $285,000 $135,000 -52.6% 0.1%
    FLAT BRANCH MORTGAGE, INC. $135,000 n/a 0.1%
    CIS Financial Services, Inc. $125,000 n/a 0.1%
    FINANCE OF AMERICA REVERSE LLC $125,000 n/a 0.1%
    LENDINGHOME FUNDING CORPORATION $125,000 n/a 0.1%
    The Central Trust Bank $800,000 $120,000 -85.0% 0.1%
    ATLANTA POSTAL $105,000 n/a 0.1%
    POLARIS HOME FUNDING CORP. $105,000 n/a 0.1%
    Stifel Bank and Trust $105,000 n/a 0.1%
    NEWREZ LLC $75,000 n/a 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $65,000 n/a 0.0%
    Coastal Community Bank $55,000 n/a 0.0%
    PNC Bank $45,000 n/a 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $25,000 n/a 0.0%
    SPRING EQ, LLC $25,000 n/a 0.0%

    Paragould's top lender by overall market share is Focus Bank, with 8.8% market share. In second place, with 7.3%, is First National Bank, having originated $10,270,000 in loans. In third place, with 7.1%, is DAS Acquisition Company, LLC, having originated $9,940,000 in loans. In fourth place, with 5.7%, is MORTGAGE INVESTORS GROUP, INC., having originated $7,945,000 in loans. In fifth place, with 5.3%, is Arvest Bank, having originated $7,425,000 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
    2024-01-01 $199,250 (9.2%) $220,432 (-2.6%) 0.00 116
    2024-02-01 $199,900 (0.2%) $221,276 (-4.3%) 0.00 112
    2024-03-01 $199,900 (-13.5%) $225,177 (-9.2%) 0.00 115
    Paragould's median listing price for 2024-03-01 was $199,900, a difference of $-31,300 (-13.5%) versus the prior year and $0 versus the prior month.

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

    Paragould's average listing price for 2024-03-01 was $225,177, a difference of $-22,814 (-9.2%) versus the prior year and $3,901 versus the prior month.

    For the 2024-03-01 period, Paragould had 115 MLS listings, a difference of 3 listings (3%) versus the prior month and 25 listings (28%) 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
    2024-01-01 0 days 1,651 sqft
    2024-02-01 0 days 1,660 sqft
    2024-03-01 0 days 1,728 sqft
    Paragould's median listing age (time on market) for 2024-03-01 was 0 days.

    Paragould's median square footage for active listings during the 2024-03-01 period was 1,728 sqft. One year prior, the average listing was 1,846 sqft.

    Paragould, AR Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 616 $109,350,000 $177,516
    Refi 86 $13,460,000 $156,512
    Cash Out Refi 73 $10,395,000 $142,397
    Other 70 $4,110,000 $58,714
    Home Improvement 38 $2,460,000 $64,737

    Paragould's most frequently cited loan purpose was Home Purchase, with 616 originations. The 2nd most popular reason was Refi, with 86 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 291 $47,955,000 $164,794
    7-8% 193 $34,545,000 $178,990
    Over 8% 177 $19,695,000 $111,271
    5-6% 86 $16,590,000 $192,907
    <2.5% 4 $1,210,000 $302,500
    4-5% 1 $105,000 $105,000
    3-4% 1 $35,000 $35,000
    2.5-3% 1 $85,000 $85,000

    During 2023, Paragould's most frequently originated rate bucket was 6-7%, with 291 originations.

    Loan Sizing (Paragould, AR MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 378 $56,280,000 $148,889
    $100,000 or less 290 $15,770,000 $54,379
    $200k-400k 187 $49,605,000 $265,267
    $400k-600k 21 $9,655,000 $459,762
    $600k-1000k 5 $3,835,000 $767,000
    $Over $1MM 2 $4,630,000 $2,315,000

    Paragould's loan sizing saw the bucket of loans from $100k-200k with 378 originations, totaling $56,280,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 398 $73,860,000 $185,578
    60-80% 153 $30,345,000 $198,333
    Under 20% 67 $1,795,000 $26,791
    40-60% 63 $7,415,000 $117,698
    20-40% 58 $3,660,000 $63,103
    Over 100% 14 $3,140,000 $224,286

    Paragould's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 398 originations, totaling $73,860,000 in origination value.