The housing market in Lamar, OK is thriving. The median value of homes in Lamar is $148,000, which is significantly lower than the US median house value of $338,100. This affordable housing combined with a higher one year appreciation rate of 13.34% compared to the US average of 8.27%, make Lamar an attractive option for potential homeowners looking to get good value for their money. With its relatively low cost and high rate of return on housing investments, Lamar appears to be a great place for someone wanting to invest in real estate.
The median home cost in Lamar is $148,000. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Lamar is up 14.5%.
Average Age of Homes
- The median age of Lamar real estate is 33 years old
The Rental Market in Lamar
- Renters make up 9.0% 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.