Searcy Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Searcy averaged
6.8%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
7.09% and
one month ago for the week of 2023-08-17, the
average rate was 6.8%.
Searcy's average rate one year ago was 5.73%.
For refis of the same type during the week of 2023-09-21, the average rate
was 7.05%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
Searcy 30 Year Fixed Rate | 2023-09-21 | 6.8% |
Searcy 30 Year Fixed Rate Refi | 2023-09-21 | 7.05% |
Searcy 15 Year Fixed Rate | 2023-09-21 | 6.64% |
Searcy 15 Year Fixed Rate Refi | 2023-09-21 | 7.14% |
Searcy 30 Year FHA | 2023-09-21 | 6.77% |
Searcy 30 Year FHA Refi | 2023-09-21 | 7.24% |
Searcy 30 Year USDA | 2023-09-21 | 6.28% |
Searcy 30 Year USDA Refi | 2023-09-21 | 6.82% |
Searcy 30 Year VA | 2023-09-21 | 6.32% |
Searcy 30 Year VA Refi | 2023-09-21 | 6.82% |
Searcy 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 Searcy, 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.).
Searcy Average Closing Costs & Other Stats
Searcy, AR's 82 lenders originated 1,713
loans during 2022. The total origination value was $322,105,000, with an average loan value of
$188,036.
Searcy's average closing costs are $4,006.
The top Searcy lender as defined by loan originations is Simmons Bank, with
66 loans originated. Their average total fees are
$3,221, which is $1,343
lower than the next largest lender,
First Community Bank.
The lowest fee Searcy lenders (with over 10 loans originated) are
Southern Bank ($1,908), Regions Bank ($3,096), Simmons Bank ($3,221), Centennial Bank ($3,285) and First Security Bank ($3,295).
The lowest rate Searcy lenders (with over 10 loans originated) are
ARKANSAS Federal Credit Union (4.45%), Wells Fargo Bank (4.60%), First Security Bank (4.73%), Regions Bank (4.82%) and First Community Bank (4.94%).
Searcy, 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 Community Bank | $39,550,000 | $57,285,000 | 44.8% | 17.8% |
First Security Bank | $41,650,000 | $31,170,000 | -25.2% | 9.7% |
Simmons Bank | $33,825,000 | $24,075,000 | -28.8% | 7.5% |
FirstTrust Home Loans, Inc. | $15,465,000 | $15,690,000 | 1.5% | 4.9% |
QUICKEN LOANS, LLC | $27,915,000 | $12,895,000 | -53.8% | 4.0% |
Regions Bank | $15,435,000 | $12,780,000 | -17.2% | 4.0% |
Capital One | $8,805,000 | $12,325,000 | 40.0% | 3.8% |
ARKANSAS Federal Credit Union | $12,425,000 | $10,960,000 | -11.8% | 3.4% |
Centennial Bank | $14,615,000 | $10,960,000 | -25.0% | 3.4% |
MORTGAGE FINANCIAL SERVICES, LLC | $19,900,000 | $6,715,000 | -66.3% | 2.1% |
The First National Bank of Fort Smith | $6,635,000 | n/a | 2.1% | |
Bank of England | $9,840,000 | $6,465,000 | -34.3% | 2.0% |
Southern Bank | $6,535,000 | $6,045,000 | -7.5% | 1.9% |
Mortgage Research Center, LLC | $10,150,000 | $6,020,000 | -40.7% | 1.9% |
FLAT BRANCH MORTGAGE, INC. | $3,315,000 | $5,945,000 | 79.3% | 1.8% |
UNITED WHOLESALE MORTGAGE, LLC | $2,950,000 | $3,915,000 | 32.7% | 1.2% |
21ST MORTGAGE CORPORATION | $3,180,000 | $3,725,000 | 17.1% | 1.2% |
Central Bank | $3,655,000 | n/a | 1.1% | |
SENTE MORTGAGE, INC. | $4,495,000 | $3,590,000 | -20.1% | 1.1% |
Arvest Bank | $6,155,000 | $3,560,000 | -42.2% | 1.1% |
Eagle Bank and Trust Company | $2,740,000 | $3,375,000 | 23.2% | 1.0% |
FREEDOM MORTGAGE CORPORATION | $10,160,000 | $2,415,000 | -76.2% | 0.7% |
BANK OF LITTLE ROCK MORTGAGE CORPORATION | $2,120,000 | n/a | 0.7% | |
Wells Fargo Bank | $2,590,000 | $2,120,000 | -18.1% | 0.7% |
EVERETT FINANCIAL, INC. | $480,000 | $2,105,000 | 338.5% | 0.7% |
U.S. Bank | $3,840,000 | $2,020,000 | -47.4% | 0.6% |
Renasant Bank | $2,070,000 | $1,980,000 | -4.3% | 0.6% |
Citizens Bank | $1,555,000 | $1,930,000 | 24.1% | 0.6% |
BancorpSouth Bank | $220,000 | $1,880,000 | 754.5% | 0.6% |
NEW DAY FINANCIAL, LLC | $1,495,000 | $1,655,000 | 10.7% | 0.5% |
LOANDEPOT.COM, LLC | $3,700,000 | $1,610,000 | -56.5% | 0.5% |
NAVY FEDERAL CREDIT UNION | $645,000 | $1,590,000 | 146.5% | 0.5% |
CORNERSTONE HOME LENDING, INC. | $1,835,000 | $1,450,000 | -21.0% | 0.5% |
PENNYMAC LOAN SERVICES, LLC | $2,940,000 | $1,450,000 | -50.7% | 0.5% |
BROKER SOLUTIONS, INC. | $930,000 | $1,435,000 | 54.3% | 0.4% |
AMERISAVE MORTGAGE CORPORATION | $1,485,000 | $1,335,000 | -10.1% | 0.4% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $1,365,000 | $1,260,000 | -7.7% | 0.4% |
GNB Bank | $1,195,000 | n/a | 0.4% | |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $1,535,000 | $1,140,000 | -25.7% | 0.4% |
LOANPAL, LLC | $220,000 | $1,120,000 | 409.1% | 0.3% |
The Farmers & Merchants Bank | $140,000 | $1,120,000 | 700.0% | 0.3% |
GUARANTEED RATE, INC. | $1,500,000 | $1,070,000 | -28.7% | 0.3% |
ACADEMY MORTGAGE CORPORATION | $1,755,000 | $1,025,000 | -41.6% | 0.3% |
PNC Bank | $155,000 | $995,000 | 541.9% | 0.3% |
SOUTHWEST STAGE FUNDING, LLC | $510,000 | $965,000 | 89.2% | 0.3% |
TRIAD FINANCIAL SERVICES, INC. | $460,000 | $960,000 | 108.7% | 0.3% |
USAA Federal Savings Bank | $1,905,000 | $940,000 | -50.7% | 0.3% |
AMERICAN FINANCIAL RESOURCES, INC. | $680,000 | $930,000 | 36.8% | 0.3% |
First Arkansas Bank and Trust | $460,000 | $900,000 | 95.7% | 0.3% |
Mr. Cooper ( Nationstar Mortgage ) | $2,250,000 | $890,000 | -60.4% | 0.3% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $55,000 | $855,000 | 1,454.5% | 0.3% |
First Financial Bank | $400,000 | $845,000 | 111.3% | 0.3% |
Gateway First Bank | $1,495,000 | $830,000 | -44.5% | 0.3% |
CALIBER HOME LOANS, INC. | $2,545,000 | $810,000 | -68.2% | 0.3% |
Chambers Bank | $915,000 | $800,000 | -12.6% | 0.2% |
HOME POINT FINANCIAL CORPORATION | $910,000 | $725,000 | -20.3% | 0.2% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $490,000 | $690,000 | 40.8% | 0.2% |
COMMUNITY MORTGAGE CORPORATION | $3,025,000 | $685,000 | -77.4% | 0.2% |
First Service Bank | $1,940,000 | $675,000 | -65.2% | 0.2% |
Carrington Mortgage Services, LLC | $1,760,000 | $660,000 | -62.5% | 0.2% |
Stone Bank | $600,000 | n/a | 0.2% | |
Barrington Bank & Trust Company, N.A. | $375,000 | $595,000 | 58.7% | 0.2% |
NEWREZ LLC | $2,020,000 | $595,000 | -70.5% | 0.2% |
Colonial Savings, F.A. | $65,000 | $590,000 | 807.7% | 0.2% |
AMERICAN FINANCING CORPORATION | $445,000 | $580,000 | 30.3% | 0.2% |
MID AMERICA MORTGAGE, INC. | $825,000 | $575,000 | -30.3% | 0.2% |
PLAZA HOME MORTGAGE, INC. | $250,000 | $560,000 | 124.0% | 0.2% |
VILLAGE CAPITAL MORTGAGE | $1,370,000 | $535,000 | -60.9% | 0.2% |
CSL Financial, LLC | $335,000 | $530,000 | 58.2% | 0.2% |
First Horizon Bank | $470,000 | $530,000 | 12.8% | 0.2% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $565,000 | $490,000 | -13.3% | 0.2% |
United Community Bank | $480,000 | n/a | 0.1% | |
North American Savings Bank, F.S.B. | $245,000 | $465,000 | 89.8% | 0.1% |
PENTAGON FEDERAL CREDIT UNION | $780,000 | $465,000 | -40.4% | 0.1% |
Chicago Mortgage Solutions LLC | $460,000 | n/a | 0.1% | |
CROSSCOUNTRY MORTGAGE, LLC | $920,000 | $440,000 | -52.2% | 0.1% |
The Citizens Bank | $625,000 | $435,000 | -30.4% | 0.1% |
MORTGAGE ACCESS CORP. | $415,000 | n/a | 0.1% | |
Discover Bank | $100,000 | $410,000 | 310.0% | 0.1% |
ENCORE BANK | $1,435,000 | $395,000 | -72.5% | 0.1% |
GUILD MORTGAGE COMPANY | $375,000 | n/a | 0.1% | |
First National Bank | $330,000 | $370,000 | 12.1% | 0.1% |
Northpointe Bank | $375,000 | $355,000 | -5.3% | 0.1% |
Evolve Bank & Trust | $85,000 | $345,000 | 305.9% | 0.1% |
DAS Acquisition Company, LLC | $1,515,000 | $340,000 | -77.6% | 0.1% |
LAKEVIEW LOAN SERVICING, LLC | $1,830,000 | $325,000 | -82.2% | 0.1% |
GERSHMAN INVESTMENT CORP. | $310,000 | n/a | 0.1% | |
FirstBank | $305,000 | n/a | 0.1% | |
JPMorgan Chase Bank | $1,730,000 | $300,000 | -82.7% | 0.1% |
Bank of America | $720,000 | $290,000 | -59.7% | 0.1% |
Morgan Stanley Private Bank | $285,000 | n/a | 0.1% | |
Paramount Residential Mortgage Group, Inc. | $145,000 | $285,000 | 96.6% | 0.1% |
Bank OZK | $1,885,000 | $275,000 | -85.4% | 0.1% |
BAY EQUITY LLC | $275,000 | n/a | 0.1% | |
BNC National Bank | $255,000 | $265,000 | 3.9% | 0.1% |
Hamilton Mortgage Corporation | $135,000 | $260,000 | 92.6% | 0.1% |
Texana Bank | $255,000 | n/a | 0.1% | |
Deere Employees Credit Union | $250,000 | n/a | 0.1% | |
MORTGAGE INVESTORS GROUP, INC. | $600,000 | $245,000 | -59.2% | 0.1% |
MUTUAL OF OMAHA MORTGAGE, INC. | $105,000 | $245,000 | 133.3% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $450,000 | $245,000 | -45.6% | 0.1% |
Nations Lending Corporation | $255,000 | $240,000 | -5.9% | 0.1% |
PHH Mortgage Corporation | $270,000 | $240,000 | -11.1% | 0.1% |
UNITED | $240,000 | n/a | 0.1% | |
CMG MORTGAGE, INC. | $235,000 | n/a | 0.1% | |
CREDIT UNION MORTGAGE ASSOCIATION, INC. | $235,000 | n/a | 0.1% | |
Magnolia Bank | $235,000 | n/a | 0.1% | |
Commerce Home Mortgage, Inc. | $215,000 | n/a | 0.1% | |
Cross Keys Bank | $215,000 | n/a | 0.1% | |
Ally Bank | $205,000 | n/a | 0.1% | |
RESIDENTIAL BANCORP. | $205,000 | n/a | 0.1% | |
ASPIRE FINANCIAL, INC. | $195,000 | n/a | 0.1% | |
HOMESIDE FINANCIAL, LLC | $175,000 | $195,000 | 11.4% | 0.1% |
The Central Trust Bank | $195,000 | n/a | 0.1% | |
COUNTRYPLACE MORTGAGE, LTD. | $190,000 | n/a | 0.1% | |
M&T Bank | $185,000 | n/a | 0.1% | |
ROUNDPOINT MORTGAGE SERVICING CORPORATION | $185,000 | n/a | 0.1% | |
Servion, Inc. | $140,000 | $185,000 | 32.1% | 0.1% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $210,000 | $175,000 | -16.7% | 0.1% |
Truity Federal Credit Union | $170,000 | n/a | 0.1% | |
POLARIS HOME FUNDING CORP. | $165,000 | n/a | 0.1% | |
Secured Investment Corp. | $165,000 | n/a | 0.1% | |
SWBC MORTGAGE CORPORATION | $165,000 | n/a | 0.1% | |
The Home Loan Expert LLC | $285,000 | $165,000 | -42.1% | 0.1% |
The Federal Savings Bank | $1,035,000 | $155,000 | -85.0% | 0.0% |
Warsaw Federal Savings and Loan Association | $155,000 | n/a | 0.0% | |
AMCAP MORTGAGE, LTD. | $1,005,000 | $145,000 | -85.6% | 0.0% |
ZILLOW HOME LOANS, LLC | $105,000 | $145,000 | 38.1% | 0.0% |
TELCOE FEDERAL CREDIT UNION | $710,000 | $140,000 | -80.3% | 0.0% |
EUSTIS AND AMERICAN MORTGAGE COMPANY | $135,000 | n/a | 0.0% | |
First Guaranty Mortgage Corporation | $600,000 | $135,000 | -77.5% | 0.0% |
BETTER MORTGAGE CORPORATION | $2,415,000 | $125,000 | -94.8% | 0.0% |
Equity Bank | $125,000 | n/a | 0.0% | |
First Merchants Bank | $115,000 | n/a | 0.0% | |
GUARANTY HOME MORTGAGE CORPORATION | $115,000 | n/a | 0.0% | |
RELIANCE FIRST CAPITAL, LLC | $340,000 | $115,000 | -66.2% | 0.0% |
ARC HOME LLC | $105,000 | n/a | 0.0% | |
First State Bank | $105,000 | n/a | 0.0% | |
Independence Bank of Kentucky | $105,000 | n/a | 0.0% | |
Pinnacle Bank | $105,000 | n/a | 0.0% | |
Southern Bancorp Bank | $100,000 | n/a | 0.0% | |
First National Bank of North Arkansas | $95,000 | n/a | 0.0% | |
BARKSDALE | $85,000 | n/a | 0.0% | |
Citibank | $85,000 | n/a | 0.0% | |
FIRST COMMUNITY MORTGAGE, INC. | $310,000 | $85,000 | -72.6% | 0.0% |
IMPAC MORTGAGE CORP. | $85,000 | n/a | 0.0% | |
FNBC Bank | $75,000 | n/a | 0.0% | |
Origin Bank | $75,000 | n/a | 0.0% | |
CIS Financial Services, Inc. | $105,000 | $55,000 | -47.6% | 0.0% |
NUMARK CREDIT UNION | $105,000 | $55,000 | -47.6% | 0.0% |
DIGITAL Federal Credit Union | $135,000 | $35,000 | -74.1% | 0.0% |
Figure Lending LLC | $145,000 | $25,000 | -82.8% | 0.0% |
Truist | $25,000 | n/a | 0.0% | |
Park Lane Finance Solutions, LLC | $15,000 | n/a | 0.0% |
Searcy's top lender by overall market share is First Community Bank, with 17.8% market share. In second place, with 9.7%, is First Security Bank, having originated $31,170,000 in loans. In third place, with 7.5%, is Simmons Bank, having originated $24,075,000 in loans. In fourth place, with 4.9%, is FirstTrust Home Loans, Inc., having originated $15,690,000 in loans. In fifth place, with 4.0%, is QUICKEN LOANS, LLC, having originated $12,895,000 in loans.
Searcy Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Searcy (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $132,675 (-1.3%) | $174,511 (-1.3%) | 0.00 | 311 |
2018-02-01 | $134,675 (0.5%) | $176,178 (1.3%) | 0.00 | 301 |
2018-03-01 | $139,900 (0.3%) | $178,677 (0.1%) | 0.00 | 311 |
2018-04-01 | $148,975 (7.6%) | $185,669 (3.4%) | 0.00 | 323 |
2018-05-01 | $148,500 (5.3%) | $182,895 (-2.9%) | 0.00 | 328 |
2018-06-01 | $144,500 (-0.8%) | $182,982 (-4.6%) | 0.00 | 373 |
2018-07-01 | $146,750 (-1.8%) | $186,260 (-2.5%) | 0.00 | 376 |
2018-08-01 | $147,950 (-0.5%) | $183,759 (-2.0%) | 0.00 | 370 |
2018-09-01 | $149,000 (-0.6%) | $187,253 (-1.2%) | 0.00 | 364 |
2018-10-01 | $146,000 (-2.7%) | $218,496 (16.5%) | 0.00 | 362 |
2018-11-01 | $139,950 (-5.3%) | $211,828 (13.1%) | 0.00 | 355 |
2018-12-01 | $137,500 (-0.5%) | $215,468 (19.8%) | 0.00 | 321 |
2019-01-01 | $135,925 (2.5%) | $213,349 (22.3%) | 0.00 | 285 |
2019-02-01 | $139,200 (3.4%) | $225,599 (28.1%) | 0.00 | 280 |
2019-03-01 | $146,329 (4.6%) | $229,596 (28.5%) | 0.00 | 294 |
2019-04-01 | $154,900 (4.0%) | $229,992 (23.9%) | 0.00 | 306 |
2019-05-01 | $159,375 (7.3%) | $231,273 (26.5%) | 0.00 | 316 |
2019-06-01 | $154,900 (7.2%) | $221,514 (21.1%) | 0.00 | 333 |
2019-07-01 | $159,200 (8.5%) | $223,068 (19.8%) | 0.00 | 336 |
2019-08-01 | $157,200 (6.3%) | $216,689 (17.9%) | 0.00 | 320 |
2019-09-01 | $153,150 (2.8%) | $200,269 (7.0%) | 0.00 | 308 |
2019-10-01 | $151,700 (3.9%) | $191,076 (-12.6%) | 0.00 | 295 |
2019-11-01 | $149,000 (6.5%) | $192,288 (-9.2%) | 0.00 | 296 |
2019-12-01 | $137,850 (0.3%) | $190,803 (-11.5%) | 0.00 | 270 |
2020-01-01 | $134,950 (-0.7%) | $186,562 (-12.6%) | 0.00 | 248 |
2020-02-01 | $142,000 (2.0%) | $194,254 (-13.9%) | 0.00 | 244 |
2020-03-01 | $149,500 (2.2%) | $198,757 (-13.4%) | 0.00 | 230 |
2020-04-01 | $153,375 (-1.0%) | $200,210 (-13.0%) | 0.00 | 233 |
2020-05-01 | $155,000 (-2.8%) | $206,031 (-10.9%) | 0.00 | 186 |
2020-06-01 | $159,450 (2.9%) | $214,994 (-2.9%) | 0.00 | 168 |
2020-07-01 | $164,750 (3.5%) | $223,101 (0.0%) | 0.00 | 146 |
2020-08-01 | $165,000 (5.0%) | $225,797 (4.2%) | 0.00 | 134 |
2020-09-01 | $162,725 (6.3%) | $220,684 (10.2%) | 0.00 | 148 |
2020-10-01 | $151,400 (-0.2%) | $220,917 (15.6%) | 0.00 | 132 |
2020-11-01 | $162,250 (8.9%) | $231,149 (20.2%) | 0.00 | 130 |
2020-12-01 | $165,000 (19.7%) | $240,103 (25.8%) | 0.00 | 119 |
2021-01-01 | $159,200 (18.0%) | $240,761 (29.1%) | 0.00 | 94 |
2021-02-01 | $166,100 (17.0%) | $232,709 (19.8%) | 0.00 | 79 |
2021-03-01 | $166,950 (11.7%) | $242,301 (21.9%) | 0.00 | 72 |
2021-04-01 | $189,900 (23.8%) | $264,224 (32.0%) | 0.00 | 63 |
2021-05-01 | $172,500 (11.3%) | $250,551 (21.6%) | 0.00 | 68 |
2021-06-01 | $172,950 (8.5%) | $244,519 (13.7%) | 0.00 | 87 |
2021-07-01 | $189,900 (15.3%) | $255,288 (14.4%) | 0.00 | 106 |
2021-08-01 | $177,950 (7.9%) | $245,719 (8.8%) | 0.00 | 106 |
2021-09-01 | $174,404 (7.2%) | $241,338 (9.4%) | 0.00 | 109 |
2021-10-01 | $178,288 (17.8%) | $246,377 (11.5%) | 0.00 | 113 |
2021-11-01 | $175,250 (8.0%) | $249,853 (8.1%) | 0.00 | 99 |
2021-12-01 | $182,625 (10.7%) | $252,558 (5.2%) | 0.00 | 92 |
2022-01-01 | $185,000 (16.2%) | $280,077 (16.3%) | 0.00 | 72 |
2022-02-01 | $159,000 (-4.3%) | $274,942 (18.2%) | 0.00 | 73 |
2022-03-01 | $162,725 (-2.5%) | $286,126 (18.1%) | 0.00 | 72 |
2022-04-01 | $230,000 (21.1%) | $304,493 (15.2%) | 0.00 | 72 |
2022-05-01 | $206,639 (19.8%) | $296,731 (18.4%) | 0.00 | 87 |
2022-06-01 | $213,721 (23.6%) | $301,758 (23.4%) | 0.00 | 90 |
2022-07-01 | $219,900 (15.8%) | $281,979 (10.5%) | 0.00 | 118 |
2022-08-01 | $224,999 (26.4%) | $285,237 (16.1%) | 0.00 | 122 |
2022-09-01 | $209,950 (20.4%) | $279,215 (15.7%) | 0.00 | 120 |
2022-10-01 | $215,000 (20.6%) | $282,030 (14.5%) | 0.00 | 114 |
2022-11-01 | $210,950 (20.4%) | $269,780 (8.0%) | 0.00 | 129 |
2022-12-01 | $228,900 (25.3%) | $297,028 (17.6%) | 0.00 | 128 |
2023-01-01 | $244,450 (32.1%) | $297,529 (6.2%) | 0.00 | 96 |
2023-02-01 | $245,500 (54.4%) | $328,358 (19.4%) | 0.00 | 92 |
2023-03-01 | $249,950 (53.6%) | $332,067 (16.1%) | 0.00 | 97 |
2023-04-01 | $265,000 (15.2%) | $362,042 (18.9%) | 0.00 | 100 |
2023-05-01 | $275,000 (33.1%) | $369,493 (24.5%) | 0.00 | 110 |
2023-06-01 | $249,450 (16.7%) | $351,580 (16.5%) | 0.00 | 113 |
2023-07-01 | $250,000 (13.7%) | $339,976 (20.6%) | 0.00 | 121 |
2023-08-01 | $236,150 (5.0%) | $335,722 (17.7%) | 0.00 | 133 |
Searcy's median listing price comes in at 0% of the national average.
Searcy's average listing price for 2023-08-01 was $335,722, a difference of $50,485 (17.7%) versus the prior year and $-4,254 versus the prior month.
For the 2023-08-01 period, Searcy had 133 MLS listings, a difference of 12 listings (10%) versus the prior month and 11 listings (9%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Searcy (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,625 sqft |
2018-02-01 | 0 days | 1,637 sqft |
2018-03-01 | 0 days | 1,730 sqft |
2018-04-01 | 0 days | 1,793 sqft |
2018-05-01 | 0 days | 1,793 sqft |
2018-06-01 | 0 days | 1,766 sqft |
2018-07-01 | 0 days | 1,770 sqft |
2018-08-01 | 0 days | 1,738 sqft |
2018-09-01 | 0 days | 1,750 sqft |
2018-10-01 | 0 days | 1,710 sqft |
2018-11-01 | 0 days | 1,695 sqft |
2018-12-01 | 0 days | 1,654 sqft |
2019-01-01 | 0 days | 1,664 sqft |
2019-02-01 | 0 days | 1,732 sqft |
2019-03-01 | 0 days | 1,809 sqft |
2019-04-01 | 0 days | 1,841 sqft |
2019-05-01 | 0 days | 1,874 sqft |
2019-06-01 | 0 days | 1,816 sqft |
2019-07-01 | 0 days | 1,832 sqft |
2019-08-01 | 0 days | 1,835 sqft |
2019-09-01 | 0 days | 1,830 sqft |
2019-10-01 | 0 days | 1,829 sqft |
2019-11-01 | 0 days | 1,804 sqft |
2019-12-01 | 0 days | 1,804 sqft |
2020-01-01 | 0 days | 1,801 sqft |
2020-02-01 | 0 days | 1,801 sqft |
2020-03-01 | 0 days | 1,781 sqft |
2020-04-01 | 0 days | 1,804 sqft |
2020-05-01 | 0 days | 1,815 sqft |
2020-06-01 | 0 days | 1,821 sqft |
2020-07-01 | 0 days | 1,906 sqft |
2020-08-01 | 0 days | 1,934 sqft |
2020-09-01 | 0 days | 1,878 sqft |
2020-10-01 | 0 days | 1,850 sqft |
2020-11-01 | 0 days | 1,949 sqft |
2020-12-01 | 0 days | 1,944 sqft |
2021-01-01 | 0 days | 1,814 sqft |
2021-02-01 | 0 days | 1,826 sqft |
2021-03-01 | 0 days | 1,839 sqft |
2021-04-01 | 0 days | 1,827 sqft |
2021-05-01 | 0 days | 1,710 sqft |
2021-06-01 | 0 days | 1,840 sqft |
2021-07-01 | 0 days | 1,914 sqft |
2021-08-01 | 0 days | 1,862 sqft |
2021-09-01 | 0 days | 1,867 sqft |
2021-10-01 | 0 days | 1,866 sqft |
2021-11-01 | 0 days | 1,857 sqft |
2021-12-01 | 0 days | 1,878 sqft |
2022-01-01 | 0 days | 1,900 sqft |
2022-02-01 | 0 days | 1,761 sqft |
2022-03-01 | 0 days | 1,754 sqft |
2022-04-01 | 0 days | 1,892 sqft |
2022-05-01 | 0 days | 1,778 sqft |
2022-06-01 | 0 days | 1,818 sqft |
2022-07-01 | 0 days | 1,752 sqft |
2022-08-01 | 0 days | 1,773 sqft |
2022-09-01 | 0 days | 1,772 sqft |
2022-10-01 | 0 days | 1,779 sqft |
2022-11-01 | 0 days | 1,787 sqft |
2022-12-01 | 0 days | 1,800 sqft |
2023-01-01 | 0 days | 1,898 sqft |
2023-02-01 | 0 days | 1,999 sqft |
2023-03-01 | 0 days | 2,028 sqft |
2023-04-01 | 0 days | 1,925 sqft |
2023-05-01 | 0 days | 1,910 sqft |
2023-06-01 | 0 days | 1,885 sqft |
2023-07-01 | 0 days | 1,903 sqft |
2023-08-01 | 0 days | 1,873 sqft |
Searcy's median square footage for active listings during the 2023-08-01 period was 1,873 sqft. One year prior, the average listing was 1,773 sqft.
Searcy, AR Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 1,122 | $225,690,000 | $201,150 |
Cash Out Refi | 194 | $31,040,000 | $160,000 |
Refi | 182 | $49,720,000 | $273,187 |
Other | 110 | $7,790,000 | $70,818 |
Home Improvement | 105 | $7,865,000 | $74,905 |
Searcy's most frequently cited loan purpose was Home Purchase, with 1,122 originations. The 2nd most popular reason was Cash Out Refi, with 194 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 478 | $77,730,000 | $162,615 |
4-5% | 411 | $97,625,000 | $237,530 |
3-4% | 316 | $63,960,000 | $202,405 |
6-7% | 244 | $34,210,000 | $140,205 |
7-8% | 85 | $8,725,000 | $102,647 |
Over 8% | 68 | $5,220,000 | $76,765 |
2.5-3% | 66 | $14,270,000 | $216,212 |
<2.5% | 27 | $4,555,000 | $168,704 |
During 2022, Searcy's most frequently originated rate bucket was 5-6%, with 478 originations.
Loan Sizing (Searcy, AR MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 746 | $108,040,000 | $144,826 |
$100,000 or less | 520 | $32,130,000 | $61,788 |
$200k-400k | 381 | $101,365,000 | $266,050 |
$400k-600k | 48 | $23,020,000 | $479,583 |
$600k-1000k | 10 | $7,340,000 | $734,000 |
$Over $1MM | 8 | $50,210,000 | $6,276,250 |
Searcy's loan sizing saw the bucket of loans from $100k-200k with 746 originations, totaling $108,040,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 872 | $168,780,000 | $193,555 |
60-80% | 395 | $100,845,000 | $255,304 |
40-60% | 150 | $24,280,000 | $161,867 |
20-40% | 124 | $10,550,000 | $85,081 |
Under 20% | 105 | $4,245,000 | $40,429 |
Over 100% | 38 | $8,160,000 | $214,737 |
Searcy's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 872 originations, totaling $168,780,000 in origination value.