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LAKE VILLAGE, AR 71653

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

Market Analysis

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

The LAKE VILLAGE, AR real estate market (71653) currently shows 10 active listings, with 1 pending sales. Homes are averaging 142 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 142 days on market compared to 188 days last year.

The median listing price has fallen 8.7% year-over-year, from $230,000 to $210,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
10
⇧ 11.1% vs 9 last year
Pending
1
10% pending ratio
Median Price
$210,000
⇩ 8.7% vs $230,000 last year
Average Price
$273,740
⇧ 17.5% vs $233,000 last year
Days on Market
142
⇩ 24.5% vs 188 days last year

Price Per Square Foot

Median $/sqft
$123
⇧ 7% vs $115/sqft last year
Median Home Size
2,008 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 9 last year
  • Days on market: 142 now vs 188 last year

Median & Average Pricing

Year over Year
  • Median: $210,000 (-8.7% YoY)
  • Average: $273,740 (+17.5% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 39.8 miles — 166 listings ($38,235,708 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
71653Lake Village, AR 716530.0 mi7$2,267,580$255,000$323,940
38701Greenville, MS 3870114.7 mi71$13,664,234$173,500$192,454
71638Dermott, AR 7163815.6 mi3$344,949$100,000$114,983
38772Scott, MS 3877217.2 mi1$270,000$270,000$270,000
38725Benoit, MS 3872522.5 mi2$268,000$134,000$134,000
38744Glen Allan, MS 3874426.7 mi2$917,000$458,500$458,500
38748Hollandale, MS 3874827.2 mi7$761,390$119,750$108,770
38726Beulah, MS 3872631.6 mi2$400,000$200,000$200,000
38773Shaw, MS 3877333.2 mi4$1,805,000$451,250$451,250
38751Indianola, MS 3875135.2 mi43$8,254,839$184,763$191,973
71263Oak Grove, LA 7126335.3 mi14$3,290,140$180,000$235,010
38754Isola, MS 3875438.8 mi2$313,312$156,656$156,656
71254Lake Providence, LA 7125439.8 mi8$5,679,264$223,725$709,908

Frequently Asked Questions

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

As of March 2026, there are 10 active listings in LAKE VILLAGE, AR (zip code 71653), compared to 9 the prior year.

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

The median listing price in LAKE VILLAGE, AR 71653 is $210,000 as of March 2026, a 8.7% decrease from $230,000 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 142 days on the market before going under contract, compared to 188 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 March 2026, LAKE VILLAGE, AR 71653 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 142 days on market compared to 188 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 $4,200 compared to a typical 5% commission on the median listing price of $210,000. 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.