Lake Village, AR Housing

The housing market in Lake Village, AR is considerably different than the national average. The median value of a home in Lake Village, AR is $119,500, while the US median value of a home is $338,100. Additionally, the US one year house appreciation rate is 8.27%, while the one year appreciation rate in Lake Village, AR is -100%. This suggests that the housing market in Lake Village has not seen any growth over the last year. As such, potential buyers should be cautious when considering investing in this area as they may not receive a return on their investment anytime soon.

The median home cost in Lake Village is $119,500. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Lake Village is up 19.7%.

Average Age of Homes

- The median age of Lake Village real estate is 37 years old

The Rental Market in Lake Village

- Renters make up 36.5% of the Lake Village population
- 9.0% of houses and apartments in Lake Village, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lake Village, Arkansas	United States
	1,096.0	139,647,020.0
	42	42
	$119,500	$338,100
	19.7%	16.6%
	45.3%	57.0%
	53.6%	101.1%
	$5.38	$10.98
	$464	$2,690
	52.1%	57.4%
	16.4%	11.2%
	31.5%	31.4%
Vacant Housing
	9.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	6.3%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	7.2%	2.4%
	18.0%	2.8%
	14.5%	3.9%
	10.3%	4.5%
	11.4%	11.3%
	18.7%	13.0%
	13.8%	20.1%
	1.4%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.9%	13.6%
	10.9%	13.6%
	8.9%	13.6%
	22.2%	13.2%
	15.5%	14.8%
	8.9%	13.6%
	7.8%	10.0%
	5.5%	4.7%
	7.3%	12.2%