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LAKE VILLAGE, AR 71653

Real Estate Market Report  ·  Chicot County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
9
⇩ 25% vs 12 last year
Pending
0
0% pending ratio
Median Price
$275,000
⇧ 17.8% vs $233,500 last year
Average Price
$346,556
⇧ 47.4% vs $235,168 last year
Days on Market
166
⇧ 30.7% vs 127 days last year

Market Context

Population: 4,640  ·  Density: 6.9/mi²  ·  Median household income: $53,464

Typical home value: $139,542  ·  Homeownership: 74.8%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The LAKE VILLAGE, AR real estate market (71653) currently shows 9 active listings. Homes are averaging 166 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 166 days on market compared to 127 days last year.

The median listing price has risen 17.8% year-over-year, from $233,500 to $275,000.

Whether you are buying or selling in LAKE VILLAGE, AR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 12 last year
  • Days on market: 166 now vs 127 last year

Median & Average Pricing

Year over Year
  • Median: $275,000 (+17.8% YoY)
  • Average: $346,556 (+47.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 39.2 miles — 174 listings ($39,183,490 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
71653Lake Village, AR 716530.0 mi9$3,119,004$275,000$346,556
38701Greenville, MS 3870114.7 mi72$14,170,320$174,250$196,810
71638Dermott, AR 7163815.6 mi3$320,001$100,000$106,667
38772Scott, MS 3877217.2 mi1$270,000$270,000$270,000
38725Benoit, MS 3872522.5 mi3$407,001$139,000$135,667
38744Glen Allan, MS 3874426.7 mi2$917,000$458,500$458,500
38748Hollandale, MS 3874827.2 mi7$825,069$125,000$117,867
38726Beulah, MS 3872631.6 mi2$400,000$200,000$200,000
71655Monticello, AR 7165532.5 mi53$13,969,952$240,000$263,584
71642Fountain Hill, AR 7164234.8 mi2$258,000$129,000$129,000
38730Boyle, MS 3873035.2 mi4$1,480,668$375,000$370,167
38769Rosedale, MS 3876937.0 mi3$465,000$155,000$155,000
71639Dumas, AR 7163939.2 mi13$2,581,475$174,950$198,575

Frequently Asked Questions

How many homes are for sale in LAKE VILLAGE, AR 71653?

As of January 2026, there are 9 active listings in LAKE VILLAGE, AR (zip code 71653), compared to 12 the prior year.

What is the median home price in LAKE VILLAGE, AR 71653?

The median listing price in LAKE VILLAGE, AR 71653 is $275,000 as of January 2026, a 17.8% increase from $233,500 the prior year.

How long do homes stay on the market in LAKE VILLAGE, AR?

Homes in LAKE VILLAGE, AR 71653 spend an average of 166 days on the market before going under contract, compared to 127 days the prior year.

Is it a seller's or buyer's market in LAKE VILLAGE, AR 71653?

Based on current inventory and days-on-market data as of January 2026, LAKE VILLAGE, AR 71653 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 166 days on market compared to 127 days last year.

How much can I save on real estate commission in LAKE VILLAGE, AR?

With SELL123.com's maximum 3% commission, sellers in LAKE VILLAGE, AR 71653 save an estimated $5,500 compared to a typical 5% commission on the median listing price of $275,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.