Housing in Lamar, AR is an attractive commodity for prospective buyers. The median value of a house in this area is $148,300, which is significantly lower than the US median value of $338,100. This makes it a great option for those looking to purchase property in the area. Additionally, the 1 year house appreciation rate in Lamar is 15.07%, which is higher than the US average of 8.27%. With such favorable values and appreciation rates, purchasing a house in Lamar could be a wise investment that reaps rewards down the line.
The median home cost in Lamar is $148,300. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Lamar is up 17.9%.
Average Age of Homes
- The median age of Lamar real estate is 29 years old
The Rental Market in Lamar
- Renters make up 23.9% of the Lamar population
- 0.0% of houses and apartments in Lamar, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.