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Cheap Homes in Lamar, MS

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Lamar, MS Foreclosures

How much do homes sell for in Lamar, MS?
The average home price is currently $219,679.
What’s the average rental cost in Lamar, MS?
The average rental price in Lamar is $1,418.
What is the most expensive home in Lamar?
The most expensive home sold in Lamar had a price of $1,080,531.
What is currently the cheapest priced home in Lamar, MS?
The cheapest home for sale in Lamar is priced at $46,567.

Living in Lamar, MS

Lamar, MS, is a quaint and welcoming community nestled in the picturesque southern landscape. It offers a serene lifestyle with access to various outdoor activities and local amenities. Its charm lies in its friendly residents, community events, and the beauty of nature that surrounds it.

Current Market Conditions in Lamar, MS

The real estate market in Lamar is currently showing signs of stability, with a slight increase in home values over the past few months. The demand for homes in this area is gradually rising as more people seek the tranquility of rural living compared to bustling urban environments.

Inventory levels in Lamar remain modest, contributing to a competitive market. Potential homebuyers are finding it challenging to locate available properties in their desired price ranges, leading to quicker sales. This trend indicates a potential shift towards a seller's market.

Home Value Estimator For Lamar, MS

There are currently 657 real estate properties in Lamar, MS, with a median automated valuation model (AVM) price of $174,115.00. 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, MS, 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, MS, is $219,679.00, with the most expensive house in Lamar, MS, topping out at $1,080,531.00 and the cheapest home in Lamar, MS, clocking in at $46,567.00. In other words, there’s something for every potential homebuyer or savvy investor in Lamar, MS!

Rent Prices In Lamar, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lamar, MS, is on a rollercoaster ride. The average rent price in Lamar, MS, is $1,418.00. Indeed, when looking to rent in Lamar, MS, you can expect to pay as little as $530.00 or as much as $2,590.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Lamar, MS -- 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.

Cheap Homes in Lamar, MS


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