Searcy Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Searcy averaged 7.24% 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 6.92% and one month ago for the week of 2024-03-14, the average rate was 6.88%.

    Searcy's average rate one year ago was 6.11%.

    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%
    Searcy 30 Year Fixed Rate 2024-04-18 7.24%
    Searcy 30 Year Fixed Rate Refi 2024-04-18 7.6%
    Searcy 15 Year Fixed Rate 2024-04-18 6.59%
    Searcy 15 Year Fixed Rate Refi 2024-04-18 6.59%
    Searcy 30 Year FHA 2024-04-18 6.93%
    Searcy 30 Year FHA Refi 2024-04-18 6.76%
    Searcy 30 Year USDA 2024-04-18 6.61%
    Searcy 30 Year USDA Refi 2024-04-18 6.96%
    Searcy 30 Year VA 2024-04-18 6.79%
    Searcy 30 Year VA Refi 2024-04-18 6.96%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Searcy, AR.

    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.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    First Community Bank 55 6.65% $4,758
    First Security Bank 43 6.41% $3,629
    Simmons Bank 38 6.79% $3,452
    QUICKEN LOANS, LLC 20 7.01% $5,307
    MORTGAGE FINANCIAL SERVICES, LLC 19 6.83% $7,351
    Regions Bank 18 6.70% $3,215
    FirstTrust Home Loans, Inc. 18 6.83% $4,828
    ARKANSAS Federal Credit Union 9 6.47% $3,583
    Centennial Bank 9 6.65% $3,549
    Eagle Bank and Trust Company 8 6.72% $2,872
    Arvest Bank 8 6.75% $3,895
    UNITED WHOLESALE MORTGAGE, LLC 7 7.16% $4,905
    Bank of England 7 6.84% $4,655
    Southern Bank 6 7.85% $1,796
    U.S. Bank 6 6.83% $4,219
    21ST MORTGAGE CORPORATION 6 8.43% $4,937
    FLAT BRANCH MORTGAGE, INC. 5 6.90% $3,591
    Wells Fargo Bank 4 6.09% $3,340
    SENTE MORTGAGE, INC. 4 7.00% $11,176
    Mr. Cooper ( Nationstar Mortgage ) 3 7.08% $5,776
    NEWREZ LLC 3 7.38% $3,761
    PENNYMAC LOAN SERVICES, LLC 3 6.50% $3,401
    AgHeritage Farm Credit Services FLCA 3 7.67% $7,275
    COMMUNITY MORTGAGE CORPORATION 3 6.17% $3,773
    EVERETT FINANCIAL, INC. 3 7.38% $4,650
    EUSTIS AND AMERICAN MORTGAGE COMPANY 3 7.13% $6,623
    CORNERSTONE HOME LENDING, INC. 2 7.06% $5,671
    USAA Federal Savings Bank 2 7.63% $3,167
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 2 6.19% $2,535
    LOANDEPOT.COM, LLC 2 6.99% $7,539
    NAVY FEDERAL CREDIT UNION 2 7.06% $4,855
    First Horizon Bank 2 7.00% $2,649
    INTERLINC MORTGAGE SERVICES, LLC 2 7.37% $2,002
    CROSSCOUNTRY MORTGAGE, LLC 2 6.85% $8,220
    JPMorgan Chase Bank 2 6.75% $2,562
    BMO Harris Bank 2 6.63% $3,035
    Sierra Pacific Mortgage Company, Inc. 1 7.99% $8,767
    BancorpSouth 1 7.88% $2,365
    THE MORTGAGE LINK, INC. 1 7.50% $4,396
    TOP FLITE FINANCIAL, INC. 1 6.88% $4,723
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 8.13% $8,925
    Ally Bank 1 6.38% $3,683
    ENCORE BANK 1 6.50% $2,144
    Discover Bank 1 6.99% $0
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.88% $4,490
    FirstBank 1 7.25% $3,043
    FIRST COMMUNITY MORTGAGE, INC. 1 5.38% $7,511
    Citizens Bank 1 6.75% $5,013
    GMFS LLC 1 8.63% $3,224
    Hamilton Mortgage Corporation 1 7.63% $5,034
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.63% $5,323
    HOMESIDE FINANCIAL, LLC 1 6.38% $4,119
    Lincoln Savings Bank 1 6.25% $2,764
    LOANPAL, LLC 1 5.25% $2,643
    Magnolia Bank 1 6.88% $4,061
    Central Bank 1 6.45% $2,051
    Mortgage Research Center, LLC 1 6.25% $945
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.88% $6,367
    Northpointe Bank 1 6.75% $11,763
    BROKER SOLUTIONS, INC. 1 7.13% $4,014

    Searcy Average Closing Costs & Other Stats

    Searcy, AR's 60 lenders originated 1,308 loans during 2023. The total origination value was $214,320,000, with an average loan value of $163,853.

    Searcy's average closing costs are $4,215.

    The top Searcy lender as defined by loan originations is First Community Bank, with 55 loans originated. Their average total fees are $4,758, which is $1,129 higher than the next largest lender, First Security Bank.

    The lowest fee Searcy lenders (with over 10 loans originated) are Regions Bank ($3,215), Simmons Bank ($3,452), First Security Bank ($3,629), First Community Bank ($4,758) and FirstTrust Home Loans, Inc. ($4,828).

    The lowest rate Searcy lenders (with over 10 loans originated) are First Security Bank (6.41%), First Community Bank (6.65%), Regions Bank (6.70%), Simmons Bank (6.79%) and MORTGAGE FINANCIAL SERVICES, LLC (6.83%).

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    First Community Bank $57,285,000 $26,380,000 -53.9% 12.3%
    First Security Bank $31,170,000 $19,485,000 -37.5% 9.1%
    Simmons Bank $24,075,000 $14,920,000 -38.0% 7.0%
    FirstTrust Home Loans, Inc. $15,690,000 $11,125,000 -29.1% 5.2%
    QUICKEN LOANS, LLC $12,895,000 $9,240,000 -28.3% 4.3%
    MORTGAGE FINANCIAL SERVICES, LLC $6,715,000 $8,600,000 28.1% 4.0%
    Regions Bank $12,780,000 $7,795,000 -39.0% 3.6%
    Mortgage Research Center, LLC $6,020,000 $7,140,000 18.6% 3.3%
    ARKANSAS Federal Credit Union $10,960,000 $6,985,000 -36.3% 3.3%
    Centennial Bank $10,960,000 $5,545,000 -49.4% 2.6%
    Stone Bank $600,000 $5,505,000 817.5% 2.6%
    Bank of England $6,465,000 $5,175,000 -20.0% 2.4%
    Eagle Bank and Trust Company $3,375,000 $4,665,000 38.2% 2.2%
    21ST MORTGAGE CORPORATION $3,725,000 $4,015,000 7.8% 1.9%
    FLAT BRANCH MORTGAGE, INC. $5,945,000 $3,355,000 -43.6% 1.6%
    GNB Bank $1,195,000 $3,085,000 158.2% 1.4%
    SENTE MORTGAGE, INC. $3,590,000 $2,950,000 -17.8% 1.4%
    UNITED WHOLESALE MORTGAGE, LLC $3,915,000 $2,775,000 -29.1% 1.3%
    Arvest Bank $3,560,000 $2,500,000 -29.8% 1.2%
    NEWREZ LLC $595,000 $2,320,000 289.9% 1.1%
    AgHeritage Farm Credit Services FLCA $2,080,000 n/a 1.0%
    Southern Bank $6,045,000 $2,035,000 -66.3% 0.9%
    U.S. Bank $2,020,000 $1,935,000 -4.2% 0.9%
    EVERETT FINANCIAL, INC. $2,105,000 $1,775,000 -15.7% 0.8%
    Mr. Cooper ( Nationstar Mortgage ) $890,000 $1,695,000 90.4% 0.8%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,260,000 $1,660,000 31.7% 0.8%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $1,140,000 $1,590,000 39.5% 0.7%
    PENNYMAC LOAN SERVICES, LLC $1,450,000 $1,580,000 9.0% 0.7%
    CORNERSTONE HOME LENDING, INC. $1,450,000 $1,565,000 7.9% 0.7%
    First Arkansas Bank and Trust $900,000 $1,440,000 60.0% 0.7%
    LOANDEPOT.COM, LLC $1,610,000 $1,320,000 -18.0% 0.6%
    ACADEMY MORTGAGE CORPORATION $1,025,000 $1,230,000 20.0% 0.6%
    CROSSCOUNTRY MORTGAGE, LLC $440,000 $1,225,000 178.4% 0.6%
    TRIAD FINANCIAL SERVICES, INC. $960,000 $1,195,000 24.5% 0.6%
    USAA Federal Savings Bank $940,000 $1,150,000 22.3% 0.5%
    GUARANTEED RATE, INC. $1,070,000 $1,135,000 6.1% 0.5%
    First Horizon Bank $530,000 $1,130,000 113.2% 0.5%
    COMMUNITY MORTGAGE CORPORATION $685,000 $1,085,000 58.4% 0.5%
    Wells Fargo Bank $2,120,000 $1,080,000 -49.1% 0.5%
    NAVY FEDERAL CREDIT UNION $1,590,000 $1,075,000 -32.4% 0.5%
    BANK OF LITTLE ROCK MORTGAGE CORPORATION $2,120,000 $1,015,000 -52.1% 0.5%
    Citizens Bank $1,930,000 $945,000 -51.0% 0.4%
    Focus Bank $935,000 n/a 0.4%
    Central Bank $3,655,000 $910,000 -75.1% 0.4%
    FREEDOM MORTGAGE CORPORATION $2,415,000 $880,000 -63.6% 0.4%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $135,000 $825,000 511.1% 0.4%
    BMO Harris Bank $780,000 n/a 0.4%
    UNITED BUILT HOMES, L.L.C. $730,000 n/a 0.3%
    Sierra Pacific Mortgage Company, Inc. $715,000 n/a 0.3%
    CIS Financial Services, Inc. $55,000 $685,000 1,145.5% 0.3%
    NEW DAY FINANCIAL, LLC $1,655,000 $680,000 -58.9% 0.3%
    DAS Acquisition Company, LLC $340,000 $660,000 94.1% 0.3%
    Northpointe Bank $355,000 $640,000 80.3% 0.3%
    PILGRIM MORTGAGE LLC $595,000 n/a 0.3%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $490,000 $585,000 19.4% 0.3%
    PENTAGON FEDERAL CREDIT UNION $465,000 $575,000 23.7% 0.3%
    BancorpSouth $1,880,000 $550,000 -70.7% 0.3%
    ENCORE BANK $395,000 $550,000 39.2% 0.3%
    AMERICAN FINANCIAL RESOURCES, INC. $930,000 $535,000 -42.5% 0.2%
    LOANPAL, LLC $1,120,000 $535,000 -52.2% 0.2%
    FIRST COMMUNITY MORTGAGE, INC. $85,000 $525,000 517.6% 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $490,000 n/a 0.2%
    FirstBank $305,000 $485,000 59.0% 0.2%
    Brighton Bank $465,000 n/a 0.2%
    BROKER SOLUTIONS, INC. $1,435,000 $460,000 -67.9% 0.2%
    CMG MORTGAGE, INC. $235,000 $455,000 93.6% 0.2%
    Flagstar Bank, FSB $425,000 n/a 0.2%
    POLARIS HOME FUNDING CORP. $165,000 $425,000 157.6% 0.2%
    MOVEMENT MORTGAGE, LLC $410,000 n/a 0.2%
    NBKC BANK $410,000 n/a 0.2%
    VERITAS FUNDING, LLC $380,000 n/a 0.2%
    Discover Bank $410,000 $365,000 -11.0% 0.2%
    AMERICAN PACIFIC MORTGAGE CORPORATION $360,000 n/a 0.2%
    SOUTHWEST STAGE FUNDING, LLC $965,000 $350,000 -63.7% 0.2%
    JPMorgan Chase Bank $300,000 $340,000 13.3% 0.2%
    Carrington Mortgage Services, LLC $660,000 $330,000 -50.0% 0.2%
    INTERLINC MORTGAGE SERVICES, LLC $330,000 n/a 0.2%
    Chambers Bank $800,000 $325,000 -59.4% 0.2%
    MID AMERICA MORTGAGE, INC. $575,000 $325,000 -43.5% 0.2%
    Coastal Community Bank $320,000 n/a 0.1%
    COUNTRYPLACE MORTGAGE, LTD. $190,000 $310,000 63.2% 0.1%
    The Federal Savings Bank $155,000 $310,000 100.0% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $245,000 $300,000 22.4% 0.1%
    TELCOE FEDERAL CREDIT UNION $140,000 $295,000 110.7% 0.1%
    NETWORK CAPITAL FUNDING CORPORATION $275,000 n/a 0.1%
    CSL Financial, LLC $530,000 $245,000 -53.8% 0.1%
    Evolve Bank & Trust $345,000 $240,000 -30.4% 0.1%
    WILLOW BEND MORTGAGE COMPANY, LLC $240,000 n/a 0.1%
    Orion Federal Credit Union $235,000 n/a 0.1%
    STOCKTON MORTGAGE CORPORATION $235,000 n/a 0.1%
    THRIVE MORTGAGE, LLC $235,000 n/a 0.1%
    First Service Bank $675,000 $230,000 -65.9% 0.1%
    GERSHMAN INVESTMENT CORP. $310,000 $225,000 -27.4% 0.1%
    TOP FLITE FINANCIAL, INC. $225,000 n/a 0.1%
    AMERISAVE MORTGAGE CORPORATION $1,335,000 $205,000 -84.6% 0.1%
    American Airlines Federal Credit Union $195,000 n/a 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $195,000 n/a 0.1%
    First Financial Bank $845,000 $195,000 -76.9% 0.1%
    First State Bank $105,000 $195,000 85.7% 0.1%
    HOMESIDE FINANCIAL, LLC $195,000 $195,000 0.0% 0.1%
    CLEARPATH LENDING $185,000 n/a 0.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $175,000 $185,000 5.7% 0.1%
    MORTGAGEONE, INC. $185,000 n/a 0.1%
    Sunflower Bank $185,000 n/a 0.1%
    ENDEAVOR CAPITAL, LLC. $175,000 n/a 0.1%
    LENDINGHOME FUNDING CORPORATION $175,000 n/a 0.1%
    OAKTREE FUNDING CORP. $175,000 n/a 0.1%
    WESTSTAR MORTGAGE CORPORATION $175,000 n/a 0.1%
    FINANCE OF AMERICA REVERSE LLC $170,000 n/a 0.1%
    First Option Mortgage, LLC $165,000 n/a 0.1%
    SECURITYNATIONAL MORTGAGE COMPANY $165,000 n/a 0.1%
    A&D Mortgage LLC $155,000 n/a 0.1%
    Barrington Bank & Trust Company, N.A. $595,000 $155,000 -73.9% 0.1%
    CARDINAL FINANCIAL $690,000 $155,000 -77.5% 0.1%
    Magnolia Bank $235,000 $155,000 -34.0% 0.1%
    Mid-Continent Funding, Inc. $155,000 n/a 0.1%
    United Community Bank $480,000 $145,000 -69.8% 0.1%
    Bank of Springfield $135,000 n/a 0.1%
    PLANET HOME LENDING, LLC $125,000 n/a 0.1%
    THE MORTGAGE LINK, INC. $125,000 n/a 0.1%
    Figure Lending LLC $25,000 $120,000 380.0% 0.1%
    Hamilton Mortgage Corporation $260,000 $115,000 -55.8% 0.1%
    RELIANCE FIRST CAPITAL, LLC $115,000 $115,000 0.0% 0.1%
    GMFS LLC $105,000 n/a 0.0%
    Lincoln Savings Bank $105,000 n/a 0.0%
    The Farmers & Merchants Bank $1,120,000 $105,000 -90.6% 0.0%
    Ally Bank $205,000 $85,000 -58.5% 0.0%
    GUILD MORTGAGE COMPANY $375,000 $85,000 -77.3% 0.0%
    First National Bank of North Arkansas $95,000 $75,000 -21.1% 0.0%
    Service Federal Credit Union $75,000 n/a 0.0%
    Bank of America $290,000 $55,000 -81.0% 0.0%
    Nations Lending Corporation $240,000 $55,000 -77.1% 0.0%
    Gateway Bank $45,000 n/a 0.0%
    S1L, Inc. $35,000 n/a 0.0%
    BOKF $25,000 n/a 0.0%
    Gateway First Bank $830,000 $25,000 -97.0% 0.0%

    Searcy's top lender by overall market share is First Community Bank, with 12.3% market share. In second place, with 9.1%, is First Security Bank, having originated $19,485,000 in loans. In third place, with 7.0%, is Simmons Bank, having originated $14,920,000 in loans. In fourth place, with 5.2%, is FirstTrust Home Loans, Inc., having originated $11,125,000 in loans. In fifth place, with 4.3%, is QUICKEN LOANS, LLC, having originated $9,240,000 in loans.

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

    Realtor.com - Searcy (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 $132,675 (-1.1%) $174,511 (-0.8%) 0.00 311
    2018-02-01 $134,675 (0.6%) $176,178 (1.7%) 0.00 301
    2018-03-01 $139,900 (0.5%) $178,677 (0.5%) 0.00 311
    2018-04-01 $148,975 (8.0%) $185,669 (3.8%) 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 $147,975 (-0.5%) $183,766 (-2.0%) 0.00 371
    2018-09-01 $149,000 (-0.6%) $187,261 (-1.2%) 0.00 365
    2018-10-01 $146,375 (-2.4%) $218,458 (16.4%) 0.00 363
    2018-11-01 $139,950 (-5.3%) $211,828 (13.1%) 0.00 355
    2018-12-01 $138,250 (0.0%) $215,388 (19.7%) 0.00 322
    2019-01-01 $135,950 (2.5%) $213,275 (22.2%) 0.00 286
    2019-02-01 $139,325 (3.5%) $225,479 (28.0%) 0.00 281
    2019-03-01 $146,329 (4.6%) $229,521 (28.5%) 0.00 295
    2019-04-01 $154,900 (4.0%) $229,983 (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 (6.2%) $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 (3.6%) $191,076 (-12.5%) 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 (-11.4%) 0.00 270
    2020-01-01 $134,950 (-0.7%) $186,562 (-12.5%) 0.00 248
    2020-02-01 $142,000 (1.9%) $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 $163,000 (6.4%) $220,887 (10.3%) 0.00 149
    2020-10-01 $151,675 (0.0%) $221,347 (15.8%) 0.00 133
    2020-11-01 $163,500 (9.7%) $231,331 (20.3%) 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 (7.0%) $241,338 (9.3%) 0.00 109
    2021-10-01 $178,288 (17.6%) $246,377 (11.3%) 0.00 113
    2021-11-01 $176,125 (7.7%) $249,547 (7.9%) 0.00 100
    2021-12-01 $183,250 (11.1%) $251,952 (4.9%) 0.00 93
    2022-01-01 $185,000 (16.2%) $278,925 (15.9%) 0.00 73
    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 (19.8%) $269,780 (8.1%) 0.00 129
    2022-12-01 $228,900 (24.9%) $297,028 (17.9%) 0.00 128
    2023-01-01 $244,450 (32.1%) $297,529 (6.7%) 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
    2023-09-01 $241,250 (14.9%) $331,374 (18.7%) 0.00 148
    2023-10-01 $224,836 (4.6%) $318,701 (13.0%) 0.00 145
    2023-11-01 $225,000 (6.7%) $314,342 (16.5%) 0.00 153
    2023-12-01 $229,900 (0.4%) $313,979 (5.7%) 0.00 156
    2024-01-01 $229,950 (-5.9%) $312,996 (5.2%) 0.00 145
    2024-02-01 $232,766 (-5.2%) $325,579 (-0.9%) 0.00 140
    2024-03-01 $232,250 (-7.1%) $325,092 (-2.1%) 0.00 151
    Searcy's median listing price for 2024-03-01 was $232,250, a difference of $-17,700 (-7.1%) versus the prior year and $-516 versus the prior month.

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

    Searcy's average listing price for 2024-03-01 was $325,092, a difference of $-6,975 (-2.1%) versus the prior year and $-487 versus the prior month.

    For the 2024-03-01 period, Searcy had 151 MLS listings, a difference of 11 listings (8%) versus the prior month and 54 listings (56%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Searcy (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,625 sqft
    2018-02-01 0 days 1,637 sqft
    2018-03-01 0 days 1,730 sqft
    2018-04-01 0 days 1,788 sqft
    2018-05-01 0 days 1,786 sqft
    2018-06-01 0 days 1,764 sqft
    2018-07-01 0 days 1,765 sqft
    2018-08-01 0 days 1,734 sqft
    2018-09-01 0 days 1,748 sqft
    2018-10-01 0 days 1,706 sqft
    2018-11-01 0 days 1,690 sqft
    2018-12-01 0 days 1,654 sqft
    2019-01-01 0 days 1,664 sqft
    2019-02-01 0 days 1,728 sqft
    2019-03-01 0 days 1,795 sqft
    2019-04-01 0 days 1,840 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 1,877 sqft
    2020-10-01 0 days 1,848 sqft
    2020-11-01 0 days 1,941 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 1,851 sqft
    2021-12-01 0 days 1,851 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
    2023-09-01 0 days 1,905 sqft
    2023-10-01 0 days 1,850 sqft
    2023-11-01 0 days 1,820 sqft
    2023-12-01 0 days 1,818 sqft
    2024-01-01 0 days 1,776 sqft
    2024-02-01 0 days 1,829 sqft
    2024-03-01 0 days 1,800 sqft
    Searcy's median listing age (time on market) for 2024-03-01 was 0 days.

    Searcy's median square footage for active listings during the 2024-03-01 period was 1,800 sqft. One year prior, the average listing was 2,028 sqft.

    Searcy, AR Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 878 $169,140,000 $192,642
    Other 143 $9,055,000 $63,322
    Cash Out Refi 102 $16,950,000 $166,176
    Home Improvement 95 $5,675,000 $59,737
    Refi 90 $13,500,000 $150,000

    Searcy's most frequently cited loan purpose was Home Purchase, with 878 originations. The 2nd most popular reason was Other, with 143 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 486 $90,040,000 $185,267
    Over 8% 379 $32,915,000 $86,847
    7-8% 264 $48,200,000 $182,576
    5-6% 153 $30,015,000 $196,176
    4-5% 10 $1,920,000 $192,000
    2.5-3% 3 $695,000 $231,667

    During 2023, Searcy's most frequently originated rate bucket was 6-7%, with 486 originations.

    Loan Sizing (Searcy, AR MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 514 $76,750,000 $149,319
    $100,000 or less 454 $24,890,000 $54,824
    $200k-400k 292 $78,800,000 $269,863
    $400k-600k 37 $17,645,000 $476,892
    $Over $1MM 6 $11,770,000 $1,961,667
    $600k-1000k 5 $4,465,000 $893,000

    Searcy's loan sizing saw the bucket of loans from $100k-200k with 514 originations, totaling $76,750,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 619 $122,735,000 $198,279
    60-80% 260 $44,610,000 $171,577
    Under 20% 149 $4,885,000 $32,785
    20-40% 123 $8,185,000 $66,545
    40-60% 96 $11,900,000 $123,958
    Over 100% 37 $10,225,000 $276,351

    Searcy's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 619 originations, totaling $122,735,000 in origination value.