Housing in Lake City, AR

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$169,000

Median List Price

$210,500

Price Per Sq Ft

$122

Days on Market

58

Active Inventory

16

Months of Supply

3.2

Seller's market

Zillow Home Value

$156,258

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 5.6%List Price 40.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

28.6%

Sale-to-List Ratio

100.1%

Seller's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
28.6%
Listings with Price Drops
6.3%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

7

Pending Sales

7

Homes Sold 28.6%New Listings 16.7%Pending 12.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$122

Median List $/SF

$162

Sale $/SF 10.9%List $/SF 28.6%Mar 24Jan 26

Lake City vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Lake City is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$125,500

Median Rent

$827

Total Housing Units

1,116

Vacancy Rate

8.3%

Owner Occupied

63.1%

Renter Occupied

36.9%

Median Property Tax

$688

per year

Monthly Cost (w/ Mortgage)

$750

Housing Types

Single Family
83.0%
Multi-Family
12.7%
Mobile Home
4.3%

The current median sale price in Lake City, AR is $169,000 according to Redfin data. Homes spend a median of 58 days on the market. 20.0% of homes sold above asking price. The market has 3.2 months of supply. The median price per square foot is $122. The median rent is $827 per month (Census ACS). About 63.1% of housing units are owner-occupied. The median year homes were built is 1982. There are 1,116 total housing units.