Lake Village, AR Real Estate

According to census data in the year 2000 there were 1,223 housing units in Lake Village. This represents a 10.7% growth from 1,105 in 1990.

Of those housing units, 1,137 were located in either urbanized areas or urban clusters, and 86 were located in what is classified as a rural area.

Homeownership rate in Lake Village is about 59.6%. Lake Village's vacancy rate, including seasonal lodging, is about 12.3%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Lake Village were built after 1975.


Housing Size

Housing Units by Size
Studio Type2.50%
One Bedroom14.70%
Two Bedrooms32.20%
Three Bedrooms39.10%
Four Bedrooms11.50%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1972
Median Value of occupied units$58,100
Median Price asked for vacant units$73,300

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1978
Median Monthly Rent asked for vacant units$279

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.80%
Home Equity Loan0.90%
Simple Mortgage48.20%
Debt Free47.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%