Searcy Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Searcy averaged
6.62%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
7.05% and
one month ago for the week of 2023-02-09, the
average rate was 6.44%.
Searcy's average rate one year ago was 4.07%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.57%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
Searcy 30 Year Fixed Rate | 2023-03-16 | 6.62% |
Searcy 30 Year Fixed Rate Refi | 2023-03-16 | 6.57% |
Searcy 15 Year Fixed Rate | 2023-03-16 | 6.84% |
Searcy 15 Year Fixed Rate Refi | 2023-03-16 | 6% |
Searcy 30 Year FHA | 2023-03-16 | 6.17% |
Searcy 30 Year FHA Refi | 2023-03-16 | 6.58% |
Searcy 30 Year USDA | 2023-03-16 | 6.5% |
Searcy 30 Year USDA Refi | 2023-03-16 | 6.11% |
Searcy 30 Year VA | 2023-03-16 | 6.38% |
Searcy 30 Year VA Refi | 2023-03-16 | 6.11% |
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 85 lenders originated 2,337
loans during 2021. The total origination value was $382,455,000, with an average loan value of
$163,652.
Searcy's average closing costs are $3,777.
The top Searcy lender as defined by loan originations is Simmons Bank, with
97 loans originated. Their average total fees are
$2,997, which is $779
lower than the next largest lender,
First Community Bank.
The lowest fee Searcy lenders (with over 10 loans originated) are
Southern Bank ($1,791), Regions Bank ($2,117), Centennial Bank ($2,725), Simmons Bank ($2,997) and First Security Bank ($3,067).
The lowest rate Searcy lenders (with over 10 loans originated) are
ARKANSAS Federal Credit Union (2.85%), First Security Bank (2.96%), FirstTrust Home Loans, Inc. (3.03%), First Community Bank (3.03%) and Simmons Bank (3.05%).
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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
First Security Bank | $43,890,000 | $41,650,000 | -5.1% | 10.9% |
First Community Bank | $38,440,000 | $39,550,000 | 2.9% | 10.3% |
Simmons Bank | $37,115,000 | $33,825,000 | -8.9% | 8.8% |
QUICKEN LOANS, LLC | $18,985,000 | $27,915,000 | 47.0% | 7.3% |
MORTGAGE FINANCIAL SERVICES, LLC | $8,280,000 | $19,900,000 | 140.3% | 5.2% |
FirstTrust Home Loans, Inc. | $12,100,000 | $15,465,000 | 27.8% | 4.0% |
Regions Bank | $18,905,000 | $15,435,000 | -18.4% | 4.0% |
Centennial Bank | $18,705,000 | $14,615,000 | -21.9% | 3.8% |
ARKANSAS Federal Credit Union | $9,590,000 | $12,425,000 | 29.6% | 3.2% |
FREEDOM MORTGAGE CORPORATION | $12,280,000 | $10,160,000 | -17.3% | 2.7% |
Mortgage Research Center, LLC | $5,675,000 | $10,150,000 | 78.9% | 2.7% |
Bank of England | $8,170,000 | $9,840,000 | 20.4% | 2.6% |
Capital One | $8,805,000 | n/a | 2.3% | |
Southern Bank | $4,590,000 | $6,535,000 | 42.4% | 1.7% |
Arvest Bank | $3,190,000 | $6,155,000 | 92.9% | 1.6% |
SENTE MORTGAGE, INC. | $2,265,000 | $4,495,000 | 98.5% | 1.2% |
U.S. Bank | $2,380,000 | $3,840,000 | 61.3% | 1.0% |
LOANDEPOT.COM, LLC | $515,000 | $3,700,000 | 618.4% | 1.0% |
FLAT BRANCH MORTGAGE, INC. | $1,255,000 | $3,315,000 | 164.1% | 0.9% |
21ST MORTGAGE CORPORATION | $3,360,000 | $3,180,000 | -5.4% | 0.8% |
COMMUNITY MORTGAGE CORPORATION | $3,040,000 | $3,025,000 | -0.5% | 0.8% |
UNITED WHOLESALE MORTGAGE, LLC | $3,585,000 | $2,950,000 | -17.7% | 0.8% |
PENNYMAC LOAN SERVICES, LLC | $1,680,000 | $2,940,000 | 75.0% | 0.8% |
Eagle Bank and Trust Company | $2,265,000 | $2,740,000 | 21.0% | 0.7% |
Wells Fargo Bank | $2,045,000 | $2,590,000 | 26.7% | 0.7% |
CALIBER HOME LOANS, INC. | $2,560,000 | $2,545,000 | -0.6% | 0.7% |
BETTER MORTGAGE CORPORATION | $165,000 | $2,415,000 | 1,363.6% | 0.6% |
Mr. Cooper ( Nationstar Mortgage ) | $1,645,000 | $2,250,000 | 36.8% | 0.6% |
Renasant Bank | $390,000 | $2,070,000 | 430.8% | 0.5% |
NEWREZ LLC | $870,000 | $2,020,000 | 132.2% | 0.5% |
First Service Bank | $1,085,000 | $1,940,000 | 78.8% | 0.5% |
USAA Federal Savings Bank | $1,940,000 | $1,905,000 | -1.8% | 0.5% |
Bank OZK | $330,000 | $1,885,000 | 471.2% | 0.5% |
CORNERSTONE HOME LENDING, INC. | $115,000 | $1,835,000 | 1,495.7% | 0.5% |
LAKEVIEW LOAN SERVICING, LLC | $695,000 | $1,830,000 | 163.3% | 0.5% |
Carrington Mortgage Services, LLC | $850,000 | $1,760,000 | 107.1% | 0.5% |
ACADEMY MORTGAGE CORPORATION | $150,000 | $1,755,000 | 1,070.0% | 0.5% |
JPMorgan Chase Bank | $200,000 | $1,730,000 | 765.0% | 0.5% |
Citizens Bank | $1,515,000 | $1,555,000 | 2.6% | 0.4% |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $1,950,000 | $1,535,000 | -21.3% | 0.4% |
DAS Acquisition Company, LLC | $1,515,000 | n/a | 0.4% | |
GUARANTEED RATE, INC. | $260,000 | $1,500,000 | 476.9% | 0.4% |
Gateway First Bank | $1,515,000 | $1,495,000 | -1.3% | 0.4% |
NEW DAY FINANCIAL, LLC | $1,130,000 | $1,495,000 | 32.3% | 0.4% |
AMERISAVE MORTGAGE CORPORATION | $1,930,000 | $1,485,000 | -23.1% | 0.4% |
ENCORE BANK | $1,435,000 | n/a | 0.4% | |
VILLAGE CAPITAL & INVESTMENT LLC | $740,000 | $1,370,000 | 85.1% | 0.4% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $680,000 | $1,365,000 | 100.7% | 0.4% |
The Federal Savings Bank | $1,545,000 | $1,035,000 | -33.0% | 0.3% |
AMCAP MORTGAGE, LTD. | $385,000 | $1,005,000 | 161.0% | 0.3% |
BROKER SOLUTIONS, INC. | $680,000 | $930,000 | 36.8% | 0.2% |
CROSSCOUNTRY MORTGAGE, LLC | $625,000 | $920,000 | 47.2% | 0.2% |
Chambers Bank | $1,040,000 | $915,000 | -12.0% | 0.2% |
HOME POINT FINANCIAL CORPORATION | $710,000 | $910,000 | 28.2% | 0.2% |
MID AMERICA MORTGAGE, INC. | $825,000 | n/a | 0.2% | |
Wyndham Capital Mortgage, Inc. | $815,000 | n/a | 0.2% | |
CHURCHILL MORTGAGE CORPORATION | $425,000 | $780,000 | 83.5% | 0.2% |
PENTAGON FEDERAL CREDIT UNION | $205,000 | $780,000 | 280.5% | 0.2% |
Sierra Pacific Mortgage Company, Inc. | $320,000 | $740,000 | 131.3% | 0.2% |
Bank of America | $445,000 | $720,000 | 61.8% | 0.2% |
TELCOE FEDERAL CREDIT UNION | $655,000 | $710,000 | 8.4% | 0.2% |
AMERICAN FINANCIAL RESOURCES, INC. | $1,900,000 | $680,000 | -64.2% | 0.2% |
NAVY FEDERAL CREDIT UNION | $920,000 | $645,000 | -29.9% | 0.2% |
The Citizens Bank | $75,000 | $625,000 | 733.3% | 0.2% |
First Guaranty Mortgage Corporation | $300,000 | $600,000 | 100.0% | 0.2% |
MORTGAGE INVESTORS GROUP, INC. | $1,265,000 | $600,000 | -52.6% | 0.2% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $585,000 | $565,000 | -3.4% | 0.1% |
First National Bank of Eastern Arkansas | $540,000 | n/a | 0.1% | |
SOUTHWEST STAGE FUNDING, LLC | $760,000 | $510,000 | -32.9% | 0.1% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $505,000 | $490,000 | -3.0% | 0.1% |
EVERETT FINANCIAL, INC. | $1,430,000 | $480,000 | -66.4% | 0.1% |
GSF Mortgage Corporation | $475,000 | n/a | 0.1% | |
First Horizon Bank | $470,000 | n/a | 0.1% | |
First Arkansas Bank and Trust | $3,775,000 | $460,000 | -87.8% | 0.1% |
TRIAD FINANCIAL SERVICES, INC. | $870,000 | $460,000 | -47.1% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $435,000 | $450,000 | 3.4% | 0.1% |
AMERICAN FINANCING CORPORATION | $445,000 | n/a | 0.1% | |
FBC MORTGAGE, LLC | $155,000 | $445,000 | 187.1% | 0.1% |
FINANCE OF AMERICA MORTGAGE LLC | $425,000 | n/a | 0.1% | |
Elements Financial Federal Credit Union | $405,000 | n/a | 0.1% | |
AMERICAN FINANCIAL NETWORK, INC. | $165,000 | $400,000 | 142.4% | 0.1% |
First Financial Bank | $2,100,000 | $400,000 | -81.0% | 0.1% |
TJC Mortgage, Inc. | $400,000 | n/a | 0.1% | |
The First National Bank of Tom Bean | $395,000 | n/a | 0.1% | |
Barrington Bank & Trust Company, N.A. | $640,000 | $375,000 | -41.4% | 0.1% |
Northpointe Bank | $375,000 | n/a | 0.1% | |
Focus Bank | $360,000 | n/a | 0.1% | |
Plains Commerce Bank | $135,000 | $345,000 | 155.6% | 0.1% |
DRAPER AND KRAMER MORTGAGE CORP. | $340,000 | n/a | 0.1% | |
RELIANCE FIRST CAPITAL, LLC | $350,000 | $340,000 | -2.9% | 0.1% |
CSL Financial, LLC | $90,000 | $335,000 | 272.2% | 0.1% |
ACCELERATE MORTGAGE, LLC | $185,000 | $330,000 | 78.4% | 0.1% |
First National Bank | $55,000 | $330,000 | 500.0% | 0.1% |
GMFS LLC | $190,000 | $320,000 | 68.4% | 0.1% |
KELLER MORTGAGE, LLC | $320,000 | n/a | 0.1% | |
FIRST COMMUNITY MORTGAGE, INC. | $240,000 | $310,000 | 29.2% | 0.1% |
RUOFF MORTGAGE COMPANY, INC. | $155,000 | $285,000 | 83.9% | 0.1% |
The Home Loan Expert LLC | $285,000 | n/a | 0.1% | |
Reliant Bank | $425,000 | $275,000 | -35.3% | 0.1% |
PHH Mortgage Corporation | $55,000 | $270,000 | 390.9% | 0.1% |
BNC National Bank | $245,000 | $255,000 | 4.1% | 0.1% |
Nations Lending Corporation | $460,000 | $255,000 | -44.6% | 0.1% |
PLAZA HOME MORTGAGE, INC. | $2,140,000 | $250,000 | -88.3% | 0.1% |
LENDERFI, INC. | $245,000 | n/a | 0.1% | |
North American Savings Bank, F.S.B. | $245,000 | n/a | 0.1% | |
EMBRACE HOME LOANS, INC. | $145,000 | $235,000 | 62.1% | 0.1% |
First State Bank of St. Charles, Missouri | $235,000 | n/a | 0.1% | |
NTFN, INC. | $235,000 | n/a | 0.1% | |
Low VA Rates, LLC | $520,000 | $230,000 | -55.8% | 0.1% |
UNITED BUILT HOMES, L.L.C. | $225,000 | n/a | 0.1% | |
BancorpSouth Bank | $565,000 | $220,000 | -61.1% | 0.1% |
LOANPAL, LLC | $220,000 | n/a | 0.1% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $75,000 | $210,000 | 180.0% | 0.1% |
SUN WEST MORTGAGE COMPANY, INC. | $440,000 | $205,000 | -53.4% | 0.1% |
THRIVE MORTGAGE, LLC | $205,000 | n/a | 0.1% | |
UNION HOME MORTGAGE CORP. | $385,000 | $195,000 | -49.4% | 0.1% |
United Bank | $195,000 | n/a | 0.1% | |
Austin Capital Bank SSB | $185,000 | n/a | 0.0% | |
DELMAR FINANCIAL COMPANY | $310,000 | $185,000 | -40.3% | 0.0% |
GUARANTEED RATE AFFINITY, LLC | $135,000 | $175,000 | 29.6% | 0.0% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $240,000 | $175,000 | -27.1% | 0.0% |
HOMESIDE FINANCIAL, LLC | $255,000 | $175,000 | -31.4% | 0.0% |
MORIA DEVELOPMENT, INC. | $165,000 | n/a | 0.0% | |
Peoples Bank | $165,000 | n/a | 0.0% | |
PNC Bank | $155,000 | n/a | 0.0% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $155,000 | n/a | 0.0% | |
Figure Lending LLC | $15,000 | $145,000 | 866.7% | 0.0% |
Paramount Residential Mortgage Group, Inc. | $95,000 | $145,000 | 52.6% | 0.0% |
Servion, Inc. | $140,000 | n/a | 0.0% | |
The Farmers & Merchants Bank | $540,000 | $140,000 | -74.1% | 0.0% |
CEDAR FALLS COMMUNITY CREDIT UNION | $135,000 | n/a | 0.0% | |
Commerce Bank | $135,000 | n/a | 0.0% | |
DIGITAL Federal Credit Union | $135,000 | n/a | 0.0% | |
First Federal Bank | $135,000 | n/a | 0.0% | |
Hamilton Mortgage Corporation | $165,000 | $135,000 | -18.2% | 0.0% |
TIB The Independent Bankersbank | $75,000 | $135,000 | 80.0% | 0.0% |
Flagstar Bank, FSB | $125,000 | n/a | 0.0% | |
AMERICAN INTERNET MORTGAGE, INC. | $310,000 | $115,000 | -62.9% | 0.0% |
CLEARPATH LENDING | $635,000 | $115,000 | -81.9% | 0.0% |
First Western Trust Bank | $115,000 | n/a | 0.0% | |
LONGBRIDGE FINANCIAL, LLC | $85,000 | $115,000 | 35.3% | 0.0% |
CIS Financial Services, Inc. | $185,000 | $105,000 | -43.2% | 0.0% |
Independent Bank | $105,000 | n/a | 0.0% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $105,000 | n/a | 0.0% | |
NUMARK CREDIT UNION | $105,000 | n/a | 0.0% | |
PLANET HOME LENDING, LLC | $575,000 | $105,000 | -81.7% | 0.0% |
ZILLOW HOME LOANS, LLC | $105,000 | n/a | 0.0% | |
Discover Bank | $110,000 | $100,000 | -9.1% | 0.0% |
First National Bank of America | $95,000 | n/a | 0.0% | |
Evolve Bank & Trust | $265,000 | $85,000 | -67.9% | 0.0% |
SECURITYNATIONAL MORTGAGE COMPANY | $85,000 | n/a | 0.0% | |
Bethpage Federal Credit Union | $75,000 | n/a | 0.0% | |
Prosperity Home Mortgage, LLC | $75,000 | n/a | 0.0% | |
ANGEL OAK MORTGAGE SOLUTIONS LLC | $65,000 | n/a | 0.0% | |
Armstrong Bank | $65,000 | n/a | 0.0% | |
Colonial Savings, F.A. | $65,000 | n/a | 0.0% | |
First Savings Bank | $240,000 | $65,000 | -72.9% | 0.0% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $135,000 | $55,000 | -59.3% | 0.0% |
RED RIVER EMPLOYEES | $55,000 | n/a | 0.0% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $195,000 | $45,000 | -76.9% | 0.0% |
Searcy's top lender by overall market share is First Security Bank, with 10.9% market share. In second place, with 10.3%, is First Community Bank, having originated $39,550,000 in loans. In third place, with 8.8%, is Simmons Bank, having originated $33,825,000 in loans. In fourth place, with 7.3%, is QUICKEN LOANS, LLC, having originated $27,915,000 in loans. In fifth place, with 5.2%, is MORTGAGE FINANCIAL SERVICES, LLC, having originated $19,900,000 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 (16.4%) | 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 |
Searcy's median listing price comes in at 0% of the national average.
Searcy's average listing price for 2023-02-01 was $328,358, a difference of $53,416 (19.4%) versus the prior year and $30,829 versus the prior month.
For the 2023-02-01 period, Searcy had 92 MLS listings, a difference of -4 listings (-4%) versus the prior month and 19 listings (26%) 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 | 1,789 sqft |
2018-06-01 | 0 days | 1,761 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 |
Searcy's median square footage for active listings during the 2023-02-01 period was 1,999 sqft. One year prior, the average listing was 1,761 sqft.
Searcy, AR Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 1,258 | $217,630,000 | $172,997 |
Refi | 597 | $98,655,000 | $165,251 |
Cash Out Refi | 373 | $59,965,000 | $160,764 |
Home Improvement | 65 | $3,325,000 | $51,154 |
Other | 44 | $2,880,000 | $65,455 |
Searcy's most frequently cited loan purpose was Home Purchase, with 1,258 originations. The 2nd most popular reason was Refi, with 597 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
2.5-3% | 815 | $140,445,000 | $172,325 |
3-4% | 720 | $118,410,000 | $164,458 |
<2.5% | 417 | $74,135,000 | $177,782 |
4-5% | 203 | $24,235,000 | $119,384 |
5-6% | 80 | $6,150,000 | $76,875 |
6-7% | 42 | $3,130,000 | $74,524 |
Over 8% | 28 | $2,230,000 | $79,643 |
7-8% | 16 | $1,350,000 | $84,375 |
During 2021, Searcy's most frequently originated rate bucket was 2.5-3%, with 815 originations.
Loan Sizing (Searcy, AR MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 1,148 | $164,510,000 | $143,301 |
$100,000 or less | 629 | $41,055,000 | $65,270 |
$200k-400k | 492 | $130,100,000 | $264,431 |
$400k-600k | 51 | $23,965,000 | $469,902 |
$600k-1000k | 12 | $8,910,000 | $742,500 |
$Over $1MM | 5 | $13,915,000 | $2,783,000 |
Searcy's loan sizing saw the bucket of loans from $100k-200k with 1,148 originations, totaling $164,510,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 1,166 | $203,060,000 | $174,151 |
60-80% | 640 | $114,140,000 | $178,344 |
40-60% | 214 | $28,040,000 | $131,028 |
20-40% | 97 | $7,885,000 | $81,289 |
Under 20% | 64 | $2,030,000 | $31,719 |
Over 100% | 54 | $10,060,000 | $186,296 |
Searcy's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,166 originations, totaling $203,060,000 in origination value.