The median home value in Lake City, AR is $194,900. This is higher than the county median home value of $189,700. The national median home value is $338,100. The average price of homes sold in Lake City, AR is $194,900. Approximately 58.76% of Lake City homes are owned, compared to 34.21% rented, while 7.03% are vacant. Lake City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake City real estate agent to arrange a tour today!
Lake City, Arkansas has a population of 2,122. Lake City is less family-centric than the surrounding county with 24.52% of the households containing married families with children. The county average for households married with children is 32.27%.
The median household income in Lake City, Arkansas is $53,345. The median household income for the surrounding county is $51,788 compared to the national median of $69,021. The median age of people living in Lake City is 33.7 years.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 27.4 degrees. The average rainfall is approximately 48.6 inches per year, with 3 inches of snow per year.