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LAKE CITY, AR 72437

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The LAKE CITY, AR real estate market (72437) currently shows 29 active listings, with 7 pending sales. Homes are averaging 103 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 103 days on market compared to 89 days last year.

The median listing price has risen 4% year-over-year, from $206,450 to $214,625.

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
29
⇧ 7.4% vs 27 last year
Pending
7
24% pending ratio
Median Price
$214,625
⇧ 4% vs $206,450 last year
Average Price
$204,792
⇩ 3.1% vs $211,380 last year
Days on Market
103
⇧ 15.7% vs 89 days last year

Price Per Square Foot

Median $/sqft
$128
⇩ 14.1% vs $149/sqft last year
Median Home Size
1,345 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 29 this year vs 27 last year
  • Days on market: 103 now vs 89 last year

Median & Average Pricing

Year over Year
  • Median: $214,625 (+4% YoY)
  • Average: $204,792 (-3.1% 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 26.1 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 February 2026, there are 29 active listings in LAKE CITY, AR (zip code 72437), compared to 27 the prior year.

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

The median listing price in LAKE CITY, AR 72437 is $214,625 as of February 2026, a 4% increase from $206,450 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 103 days on the market before going under contract, compared to 89 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 February 2026, LAKE CITY, AR 72437 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 103 days on market compared to 89 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 $4,293 compared to a typical 5% commission on the median listing price of $214,625. 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.