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Foreclosure Homes in Lamar, CO

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Lamar, CO Foreclosures

How much do homes sell for in Lamar, CO?
The average home price is currently $188,497.
In Lamar, CO, how many homes are available?
There are currently 10 active home listings available in Lamar.
What’s the average rental cost in Lamar, CO?
The average rental price in Lamar is $808.
What is the most expensive home in Lamar?
The most expensive home sold in Lamar had a price of $3,181,850.
What is currently the cheapest priced home in Lamar, CO?
The cheapest home for sale in Lamar is priced at $10,020.

Living in Lamar, CO

Lamar, Colorado, is a charming small city offering a blend of rural charm and community spirit. With access to beautiful outdoor spaces and an array of local amenities, Lamar is ideal for families and those seeking tranquility. The city's agricultural roots provide a unique cultural experience, making it a lovely place to call home.

Current Market Conditions in Lamar, CO

The real estate market in Lamar has been stable over the past year, showing a modest increase in home values and buyer interest. The affordability of homes compared to larger cities makes it an attractive option for first-time homebuyers and investors alike. With a consistent demand for rental properties due to the nearby agricultural industry, the rental market remains healthy.

Recent trends indicate that homes in Lamar are selling quickly, often within a few months of being listed. Buyers are particularly interested in properties that provide ample land and outdoor space, reflecting the area's lifestyle preference for open areas and agricultural pursuits.

Home Value Estimator For Lamar, CO

There are currently 3,176 real estate properties in Lamar, CO, with a median automated valuation model (AVM) price of $176,394.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lamar, CO, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lamar, CO, is $188,497.00, with the most expensive house in Lamar, CO, topping out at $3,181,850.00 and the cheapest home in Lamar, CO, clocking in at $10,020.00. In other words, there’s something for every potential homebuyer or savvy investor in Lamar, CO!

Rent Prices In Lamar, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lamar, CO, is on a rollercoaster ride. The average rent price in Lamar, CO, is $808.00. Indeed, when looking to rent in Lamar, CO, you can expect to pay as little as $410.00 or as much as $1,760.00, with the average rent median estimated to be $780.00. The good news is that finding an affordable and desirable property to rent in Lamar, CO -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lamar, CO Foreclosures


Market Trend for Lamar, CO

Total Listings Available: 10

Market Values:

Home Prices from $10,020 to $3,181,850

Average Sales Price: $188,497

Rental Values:

Rental from $410 to $1,760

Average Rent Value: $808 / month

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