The housing market in Lamar, SC is booming. The median value of housing in this small town is currently $117,900, which is much lower than the US house median value of $338,100. However, while the rest of the country saw an 8.27% rise in house appreciation over the last year, Lamar saw a whopping 18.53% hike during that same time period. This shows that real estate here is in high demand and could be a great investment opportunity for those interested in buying or selling property.
The median home cost in Lamar is $117,900. Home appreciation the last 10 years has been 81.3%. Home Appreciation in Lamar is up 22.5%.
Average Age of Homes
- The median age of Lamar real estate is 54 years old
The Rental Market in Lamar
- Renters make up 14.1% of the Lamar population
- 2.4% 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.