The housing market in 72846 Lamar, AR is considerably more affordable than the national median. Currently, the median house value in this area is $145,100 which is significantly lower than the US median of $338,100. In the last year alone, this area has seen an appreciation rate of 15.07%, nearly double that of the US rate of 8.27%. Although prices are still on a steady rise in Lamar, those looking to purchase a home will find that it still provides more affordable options than many other areas across the country.
The median home cost in Lamar (zip 72846) is $145,100. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Lamar (zip 72846) is up 17.9%.
Average Age of Homes
- The median age of Lamar (zip 72846) real estate is 30 years old
The Rental Market in Lamar (zip 72846)
- Renters make up 15.9% of the Lamar (zip 72846) population
- 0.0% of houses and apartments in Lamar (zip 72846), 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.