Lamar, MS Foreclosures
How much do homes sell for in Lamar, MS?
The average home price is currently $206,599.
In Lamar, MS, how many homes are available?
There are currently 8 active home listings available in Lamar.
What’s the average rental cost in Lamar, MS?
The average rental price in Lamar is $1,417.
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 $35,350.
Living in Lamar, MS
Lamar, MS is a quaint, friendly town that offers a peaceful lifestyle with access to nature and community amenities. Residents appreciate the mix of southern charm and modern conveniences, making it an ideal location for families and retirees alike. Its close proximity to schools, parks, and local shops fosters a strong sense of community.
Current Market Conditions in Lamar, MS
The real estate market in Lamar, MS shows a stable trend, with steady demand for single-family homes. The area is attracting buyers looking for affordable housing options that provide a peaceful lifestyle away from the hustle of larger metropolitan areas. Home values have appreciated gradually, reflecting the area's desirability and low inventory of available properties.
As more people seek remote working opportunities, Lamar's appeal has grown due to its affordability compared to many urban centers. First-time homebuyers and retirees are particularly active in the market, contributing to a vibrant community of residents.
Investors are starting to notice the potential in Lamar, as the town's economic conditions continue to improve, ensuring a bright future for property appreciation.
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 $160,076.00. 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 $206,599.00, 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 $35,350.00. 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 $1,417.00. 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.
Learn more on Foreclosure homes
