Lamar, MO is a city with a strong housing market. The median house value in Lamar is $133,100, which is much lower than the US house median value of $338,100. However, the one-year appreciation rate for houses in Lamar is 12.17%, which is higher than the national average of 8.27%. This indicates that, despite having lower prices than the national average, Lamar’s housing market has seen more growth in recent years than other parts of the country. It appears that Lamar is an attractive option for people looking to invest in residential properties.
The median home cost in Lamar is $133,100. Home appreciation the last 10 years has been 99.4%. Home Appreciation in Lamar is up 15.1%.
Average Age of Homes
- The median age of Lamar real estate is 50 years old
The Rental Market in Lamar
- Renters make up 28.6% 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.