As-is Deals in Lake Village, AR

Foreclosure Homes in Lake Village, AR

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Lake Village, AR area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Lake Village, AR and much more. Save thousands at closing with home foreclosure listings in Lake Village, AR — up to 75% off market value!

Top Reasons To Live In Lake Village, AR In 2023

Lake Village is located in Chicot, Arkansas, with an estimated municipal population of 2,194 residents. All of the best foreclosed homes for sale in Lake Village are located in the following zip code areas on Foreclosure.com: 71653. The estimated population per square kilometer (.62 miles) in Lake Village is 334.

Cost Of Living In Lake Village, AR

So, about how much do homes cost in Lake Village? The most recent median value of resident-owned homes in Lake Village is 68,614. An estimated 55.9 percent of households in Lake Village own their homes, with an average family size of 3.16. The median household income in Lake Village is 37,656, with7.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lake Village, the median commute time of resident workers (in minutes) is 14.5. And last, but certainly not least, are you looking for homes to rent in Lake Village? If so, the average rent price paid by renters in Lake Village is 559, according to recent statistics.

Diversity And Demographics In Lake Village, Arkansas

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Lake Village, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Lake Village is 43.6, split between 45.4 percent male versus 54.6 female. The percentage of residents who report being married in Lake Village is 43.8, with an average family size of 3.16.

The percentage of residents who report their race in Lake Village is as follows:

Looking for family-friendly neighborhoods in and/or near Lake Village? Or maybe you are searching for 55+ active adult communities in and/or near Lake Village?

The percentage of residents who report their age in Lake Village is as follows:

Best Schools In Lake Village, Arkansas

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Lake Village with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lake Village.

Pros And Cons Of Living In Lake Village, Arkansas

How do you know that living in -- or moving to -- Lake Village is right where you need to be? Perhaps you grew up in Lake Village or already live nearby; therefore, the decision to buy a home in Lake Village is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lake Village for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Lake Village:

• What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
• What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
• What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
• What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lake Village.

Reasons To Move To Lake Village, Arkansas, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lake Village can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lake Village, meanwhile, can field multiple offers from more qualified buyers.