Searcy 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 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%
    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Simmons Bank 66 4.98% $3,221
    First Community Bank 58 4.94% $4,564
    First Security Bank 57 4.73% $3,295
    FirstTrust Home Loans, Inc. 34 5.43% $4,683
    Regions Bank 31 4.82% $3,096
    QUICKEN LOANS, LLC 28 5.03% $5,505
    Centennial Bank 22 5.30% $3,285
    Southern Bank 21 5.25% $1,908
    MORTGAGE FINANCIAL SERVICES, LLC 20 5.04% $6,457
    ARKANSAS Federal Credit Union 19 4.45% $3,922
    UNITED WHOLESALE MORTGAGE, LLC 11 6.06% $7,278
    Wells Fargo Bank 10 4.60% $4,792
    Eagle Bank and Trust Company 9 5.43% $2,748
    Arvest Bank 9 4.49% $2,837
    FLAT BRANCH MORTGAGE, INC. 8 5.09% $3,510
    SENTE MORTGAGE, INC. 8 4.94% $4,823
    Bank of England 6 5.04% $4,693
    U.S. Bank 5 5.37% $2,616
    LOANDEPOT.COM, LLC 5 4.27% $5,834
    EVERETT FINANCIAL, INC. 5 4.55% $1,687
    Renasant Bank 4 5.16% $4,846
    21ST MORTGAGE CORPORATION 4 8.01% $5,565
    Citizens Bank 4 4.34% $3,784
    BancorpSouth 4 4.28% $3,217
    AMERISAVE MORTGAGE CORPORATION 3 6.00% $5,590
    LOANPAL, LLC 3 4.21% $4,806
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 3 5.29% $3,248
    First Financial Bank 2 4.63% $5,500
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 5.25% $7,508
    BROKER SOLUTIONS, INC. 2 4.86% $4,313
    Carrington Mortgage Services, LLC 2 3.75% $4,617
    Deere Employees Credit Union 2 4.06% $2,826
    First Horizon Bank 2 5.00% $2,828
    First National Bank 2 5.75% $1,500
    GUARANTEED RATE, INC. 2 5.37% $6,104
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 3.88% $2,498
    Mortgage Research Center, LLC 2 5.94% $652
    NAVY FEDERAL CREDIT UNION 2 5.94% $1,910
    The Farmers & Merchants Bank 2 6.44% $4,203
    Gateway First Bank 1 6.88% $2,503
    USAA Federal Savings Bank 1 5.13% $3,286
    Hamilton Mortgage Corporation 1 6.13% $3,816
    Ally Bank 1 5.13% $2,098
    HOMESIDE FINANCIAL, LLC 1 6.63% $4,114
    JPMorgan Chase Bank 1 6.38% $4,152
    LAKEVIEW LOAN SERVICING, LLC 1 5.50% $3,825
    CROSSCOUNTRY MORTGAGE, LLC 1 7.13% $5,850
    COMMUNITY MORTGAGE CORPORATION 1 6.00% $3,982
    Morgan Stanley Private Bank 1 3.95% $2,902
    Colonial Savings, F.A. 1 3.75% $10,131
    MORTGAGE INVESTORS GROUP, INC. 1 3.50% $4,214
    Warsaw Federal Savings and Loan Association 1 6.15% $3,125
    Mr. Cooper ( Nationstar Mortgage ) 1 5.50% $9,941
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.88% $3,766
    Nations Lending Corporation 1 5.88% $1,917
    ACADEMY MORTGAGE CORPORATION 1 6.75% $6,132
    NEWREZ LLC 1 5.50% $4,385
    Northpointe Bank 1 4.88% $3,043
    PENNYMAC LOAN SERVICES, LLC 1 5.25% $7,033
    PENTAGON FEDERAL CREDIT UNION 1 4.75% $3,594
    PLAZA HOME MORTGAGE, INC. 1 5.75% $5,271
    PNC Bank 1 3.50% $3,523
    Chicago Mortgage Solutions LLC 1 4.03% $1,655
    Chambers Bank 1 5.88% $4,251
    CALIBER HOME LOANS, INC. 1 5.88% $3,089
    RESIDENTIAL BANCORP 1 3.63% $9,581
    ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 4.88% $6,963
    ROYAL UNITED MORTGAGE LLC 1 5.63% $6,800
    BETTER MORTGAGE CORPORATION 1 3.63% $2,260
    ASPIRE FINANCIAL, INC. 1 6.13% $7,179
    ARC HOME LLC 1 6.75% $4,737
    The Central Trust Bank 1 3.38% $2,355
    ZILLOW HOME LOANS, LLC 1 5.50% $3,893
    Truity Federal Credit Union 1 5.13% $1,780
    UNITED 1 3.50% $5,245
    United Community Bank 1 6.84% $5,093
    First Merchants Bank 1 6.63% $3,186
    AMERICAN FINANCING CORPORATION 1 4.63% $6,243
    FirstBank 1 4.25% $6,058
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 5.63% $3,798
    Discover Bank 1 6.49% $0
    FREEDOM MORTGAGE CORPORATION 1 5.88% $8,411

    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. Louis
    Date 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 for 2023-08-01 was $236,150, a difference of $11,151 (5.0%) versus the prior year and $-13,850 versus the prior month.

    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. 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 1,793 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 listing age (time on market) for 2023-08-01 was 0 days.

    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.