The Lake Village housing market is somewhat competitive. The median sale price of a home in Lake Village was $301K last month, up 3.3% since last year. The median sale price per square foot in Lake Village is $162, up 2.5% since last year.
What is the housing market like in Lake Village today?
In October 2024, Lake Village home prices were up 3.3% compared to last year, selling for a median price of $301K. On average, homes in Lake Village sell after 49 days on the market compared to 19 days last year. There were 10 homes sold in October this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$301,000
+3.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lake Village, TN
$301,000
+3.3%
United States
To compare other locations to the Lake Village and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Memphis add value to a home.
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How hot is the Lake Village housing market?
Lake Village is somewhat competitive. Homes sell in 58 days.
0
100
43
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 58 days.
Hot homes
can sell for around list price and go pending in around 32 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lake Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Village.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Village has a minor risk of flooding. 61 properties in Lake Village are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Lake Village. Flood risk is increasing slower than the national average.
42% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Village has a moderate risk of wildfire. There are 674 properties in Lake Village that have some risk of being affected by wildfire over the next 30 years. This represents 42% of all properties in Lake Village.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Lake Village has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Village is most at risk from hurricanes. 1,588 properties in Lake Village have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 74 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 79 mph.