Zip 16848 (Lamar, PA) Housing

The housing market in 16848 Lamar, PA is on the rise. The median value of homes in this area is $188,600, which is significantly lower than the US median value of $338,100. In the last year alone, this area has seen an impressive 10.39% appreciation in house prices compared to the 8.27% appreciation nationwide. This makes it a great time to invest in housing in 16848 Lamar, PA and take advantage of low-priced properties that are likely to increase in value quickly.

The median home cost in Lamar (zip 16848) is $188,600. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Lamar (zip 16848) is up 6.4%.

Average Age of Homes

- The median age of Lamar (zip 16848) real estate is 53 years old

The Rental Market in Lamar (zip 16848)

- Renters make up 16.5% of the Lamar (zip 16848) population
- 0.0% of houses and apartments in Lamar (zip 16848), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lamar, Pennsylvania	United States
	109.0	139,647,020.0
	51	42
	$188,600	$338,100
	6.4%	16.6%
	34.1%	57.0%
	54.0%	101.1%
	$12.51	$10.98
	$1,177	$2,690
	67.9%	57.4%
	10.1%	11.2%
	22.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	5.5%	3.6%
	4.6%	4.1%
Value of Owner-Occupied Housing
	23.0%	2.6%
	6.8%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	18.9%	11.3%
	37.8%	13.0%
	0.0%	20.1%
	13.5%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.9%	13.6%
	11.9%	13.6%
	18.3%	13.6%
	0.0%	13.2%
	20.2%	14.8%
	18.3%	13.6%
	12.8%	10.0%
	11.9%	4.7%
	9.2%	12.2%

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