Lamar, MS County has a median housing value of $223,300 which is significantly lower than the US median of $338,100. Despite this disparity, Lamar County has seen a much higher appreciation in home values over the past year with an increase of 12.50% compared to the US average of 8.27%. This means that those who invest in real estate in Lamar County can expect to see their investments appreciate faster than the national average.
The median home cost in Lamar County is $223,300. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Lamar County is up 11.8%.
Average Age of Homes
- The median age of Lamar County real estate is 22 years old
The Rental Market in Lamar County
- Renters make up 29.4% of the Lamar County population
- 2.0% of houses and apartments in Lamar County, 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.