Living in Lamar, OK
Lamar, OK is a charming small town known for its close-knit community and serene rural living. It offers a peaceful environment with ample outdoor activities and local amenities, making it a great place for families and retirees alike.
Current Market Conditions in Lamar, OK
The real estate market in Lamar is characterized by an abundance of affordable options suitable for first-time homebuyers and retirees. Currently, the market is stable with a steady increase in property values due to the attractiveness of rural living and the low cost of living, making it an appealing choice for those looking to escape urban settings.
In the last few months, there has been an uptick in interest in rustic homes and properties, reflecting a nationwide trend towards rural investments. This trend is expected to continue as more people seek to relocate from urban areas, particularly as remote work options expand.
Home Value Estimator For Lamar, OK
There are currently 118 real estate properties
in Lamar, OK,
with a median automated valuation model (AVM) price
of $130,581.00. 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, OK, 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, OK,
is $170,178.00, with the most expensive house
in Lamar, OK, topping out
at $868,357.00 and the cheapest home
in Lamar, OK,
clocking in at $16,646.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lamar, OK!
Rent Prices
In Lamar, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lamar, OK, is on
a rollercoaster ride. The
average rent price in Lamar, OK,
is $891.00. Indeed, when looking to rent in
Lamar, OK, you can expect to pay as little
as $560.00 or as much
as $1,600.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Lamar, OK
-- 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.
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