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LAKE CITY, AR 72437

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

Market Overview

Active Listings
28
vs 28 last year
Pending
5
18% pending ratio
Median Price
$213,125
⇧ 5.6% vs $201,800 last year
Average Price
$212,444
⇧ 6.6% vs $199,354 last year
Days on Market
101
⇧ 46.4% vs 69 days last year

Market Context

Population: 3,470  ·  Density: 12.8/mi²  ·  Median household income: $57,346

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

Market Analysis

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

The LAKE CITY, AR real estate market (72437) currently shows 28 active listings, with 5 pending sales. Homes are averaging 101 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 101 days on market compared to 69 days last year.

The median listing price has risen 5.6% year-over-year, from $201,800 to $213,125.

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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 101 now vs 69 last year

Median & Average Pricing

Year over Year
  • Median: $213,125 (+5.6% YoY)
  • Average: $212,444 (+6.6% 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 26.1 miles — 454 listings ($114,528,404 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
72437Lake City, AR 724370.0 mi28$5,948,432$213,125$212,444
72417Brookland, AR 724177.9 mi52$16,979,040$304,000$326,520
72447Monette, AR 724478.5 mi14$2,600,640$185,000$185,760
72401Jonesboro, AR 7240111.9 mi167$44,606,201$172,000$267,103
72467State University, AR 7246712.5 mi1$58,900$58,900$58,900
72442Manila, AR 7244215.4 mi58$13,716,014$269,900$236,483
63829Cardwell, MO 6382916.1 mi4$475,900$90,950$118,975
72472Trumann, AR 7247217.5 mi47$9,287,435$175,000$197,605
72365Marked Tree, AR 7236518.9 mi11$2,307,316$160,000$209,756
72416Bono, AR 7241621.0 mi43$11,170,282$249,000$259,774
72443Marmaduke, AR 7244324.1 mi6$1,244,700$169,000$207,450
72432Harrisburg, AR 7243224.6 mi22$5,978,544$232,900$271,752
63876Senath, MO 6387626.1 mi1$155,000$155,000$155,000

Frequently Asked Questions

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

As of January 2026, there are 28 active listings in LAKE CITY, AR (zip code 72437), compared to 28 the prior year.

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

The median listing price in LAKE CITY, AR 72437 is $213,125 as of January 2026, a 5.6% increase from $201,800 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 101 days on the market before going under contract, compared to 69 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 January 2026, LAKE CITY, AR 72437 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 101 days on market compared to 69 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 $4,263 compared to a typical 5% commission on the median listing price of $213,125. 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.