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LAKE CITY, AR 72437

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

Market Analysis

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

The LAKE CITY, AR real estate market (72437) currently shows 32 active listings, with 5 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are selling faster, averaging 50 days on market compared to 86 days last year.

The median listing price has fallen 7.8% year-over-year, from $234,900 to $216,563.

Whether you are buying or selling in LAKE CITY, 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: 3,470  ·  Density: 12.8/mi²  ·  Median household income: $57,346

Typical home value: $130,644  ·  Homeownership: 73.4%

Market Overview

Active Listings
32
⇧ 45.5% vs 22 last year
Pending
5
16% pending ratio
Median Price
$216,563
⇩ 7.8% vs $234,900 last year
Average Price
$206,540
⇩ 8.8% vs $226,438 last year
Days on Market
50
⇩ 41.9% vs 86 days last year

Price Per Square Foot

Median $/sqft
$138
⇩ 10.4% vs $154/sqft last year
Median Home Size
1,343 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 22 last year
  • Days on market: 50 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $216,563 (-7.8% YoY)
  • Average: $206,540 (-8.8% 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 26.0 miles — 428 listings ($107,397,501 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
72437Lake City, AR 724370.0 mi29$5,938,968$214,625$204,792
72417Brookland, AR 724177.9 mi50$15,922,800$287,400$318,456
72447Monette, AR 724478.5 mi14$2,921,338$186,725$208,667
72401Jonesboro, AR 7240111.9 mi160$44,296,480$179,200$276,853
72467State University, AR 7246712.5 mi1$58,900$58,900$58,900
72442Manila, AR 7244215.4 mi47$10,891,216$247,925$231,728
63829Cardwell, MO 6382916.1 mi4$465,200$74,900$116,300
72472Trumann, AR 7247217.5 mi51$9,929,853$175,000$194,703
72365Marked Tree, AR 7236518.9 mi11$2,559,172$190,000$232,652
72416Bono, AR 7241621.0 mi35$9,439,185$258,950$269,691
72370Osceola, AR 7237023.5 mi23$3,365,889$127,400$146,343
72412Beech Grove, AR 7241224.1 mi2$1,338,000$669,000$669,000
72465Sedgwick, AR 7246526.0 mi1$270,500$270,500$270,500

Frequently Asked Questions

How many homes are for sale in LAKE CITY, AR 72437?

As of March 2026, there are 32 active listings in LAKE CITY, AR (zip code 72437), compared to 22 the prior year.

What is the median home price in LAKE CITY, AR 72437?

The median listing price in LAKE CITY, AR 72437 is $216,563 as of March 2026, a 7.8% decrease from $234,900 the prior year.

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

Homes in LAKE CITY, AR 72437 spend an average of 50 days on the market before going under contract, compared to 86 days the prior year.

Is it a seller's or buyer's market in LAKE CITY, AR 72437?

Based on current inventory and days-on-market data as of March 2026, LAKE CITY, AR 72437 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 50 days on market compared to 86 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LAKE CITY, AR 72437 save an estimated $4,331 compared to a typical 5% commission on the median listing price of $216,563. 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.