Lake, MS

Lake is a small town located in the Mississippi Delta region. The population of Lake was just over 2,000 in 2010. The town is known for its fishing and hunting opportunities, as well as its real estate market.

The real estate market in Lake is unique because it is one of the few towns in the area that has experienced significant growth in recent years. This growth has been fueled by a number of factors, including an increase in population and the availability of new housing developments.

The average price for a home in Lake was $128,000 in 2016. This represents a significant increase from the $60,000 price tag that was common just a few years ago. In fact, according to Zillow, the median home value in Lake has increased by more than 120% since 2013!

One reason for this rapid growth is likely due to Lake's proximity to Memphis and Jackson – two major cities with large populations that are looking for new homes to buy. Additionally, there are a number of new housing developments currently under construction or planned for development within the town limits. This should help to keep prices high and ensure that there is always plenty of demand for property here.