Loan Limits / Arkansas / Nevada County
2026 Loan Limits · Arkansas · NON-METRO
Nevada County, AR.
2026 conforming and FHA loan limits, calibrated to a median sales price of $70,000.
Median Sales Price
$70,000
Per HUD CHUMS, 2026
Conforming 1u Limit
$832,750
Standard conforming
FHA 1u Limit
$541,287
Floor
Jumbo Threshold
> $832,750
1-unit · loans above this are jumbo
Conforming (Fannie / Freddie)
Standard conforming| 1-unit (single-family) | $832,750 |
| 2-unit (duplex) | $1,066,250 |
| 3-unit (triplex) | $1,288,800 |
| 4-unit (fourplex) | $1,601,750 |
FHA Forward (203b)
Floor| 1-unit (single-family) | $541,287 |
| 2-unit (duplex) | $693,050 |
| 3-unit (triplex) | $837,700 |
| 4-unit (fourplex) | $1,041,125 |
About this county
About Nevada County
Nevada County is a county located in the southwestern part of the U.S. state of Arkansas. As of the 2020 Census, the population was 8,310, less than half of its peak in 1920. The county seat is Prescott. Nevada County is Arkansas's 63rd county, formed during the Reconstruction era on March 20, 1871, from portions of Hempstead, Ouachita and Columbia counties. It was named after the state of Nevada because of the perceived similarity between their physical shapes; the Arkansas county's shape, inverted, roughly follows the same outline as the state's boundary. It is an alcohol prohibition or dry county. Read more on Wikipedia →
Population
8,228
U.S. Census ACS 2023
Median Household Income
$41,761
U.S. Census ACS 2023
Median Home Value (Census)
$85,700
Owner-occupied · ACS 2023
Owner-Occupancy Rate
66%
Of occupied housing
What these limits mean for buyers in Nevada County
The 2026 conforming 1-unit limit for Nevada County is $832,750. Loans at or below this amount can be sold by the originating lender to Fannie Mae or Freddie Mac, which keeps pricing tight and underwriting consistent. Nevada County uses the standard national conforming baseline.
For FHA financing, the 2026 1-unit limit is $541,287. The HUD CHUMS table pegs the median sales price for Nevada County at $70,000. This matches the FHA national floor — Nevada County did not qualify for an upward adjustment for 2026.
Practical takeaway. The median sales price in Nevada County ($70,000) is below both limits — FHA, conventional, and VA financing all cover median-priced purchases here. Choice between programs comes down to credit, down payment, and overlay differences.
How the limits are set
Conforming limits come from the Federal Housing Finance Agency (FHFA), which adjusts them each year based on changes in the FHFA Housing Price Index. FHA limits come from HUD: the national floor is $541,287 (65% of conforming baseline), the ceiling is $1,249,125 (150% of conforming baseline), and counties between are calculated as 115% of the area median sales price.
Multi-unit and house-hacking math
Nevada County 2-, 3-, and 4-unit conforming limits are $1,066,250, $1,288,800, and $1,601,750 respectively. If you're house-hacking — owner-occupying one unit of a 2-4 unit property — these are the limits that matter, and the rental income on the other units can be used to qualify. FHA and VA both finance owner-occupied 2-4 unit properties at their own multi-unit limits.
Limits effective 2026 per HUD CHUMS publication. Sourced GSE and FHA files. Generated 2026-04-26.
Buying in Nevada County?
We'll structure the loan against the right limit and the right program. Conforming, FHA, VA, jumbo — all in-house.