Lamar, AR Home Values & Market Trends

Real estate market trends reflect that there have been 20 transactions over the past year in Lamar. The median value for residential home transactions that occurred over the previous year is $152,697.94. The number of current listings in Lamar is 3, and the percentage of properties for sale in the city is 3.00%. Lamar, AR currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 3 properties for sale.

Lamar, AR Real Estate Market Overview

ZipMedian Est. Value
72846

$ 207,420

$ 88/sqft

Housing Market Summary for Lamar, AR

Apr 2023March 2024Change
Median Listing Price$269.4K$152.3K-43.49%
Median Sold Price$107.3K$152.3K41.90%
Homes For Sale64-33.33%
Homes Sold165-68.75%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lamar, AR

Lamar home values range from $30,908 to $1,122,975. The median estimated value of a home in Lamar is $152,697.94. The median list price of a home is 319,900, and the total count of properties in the city is 1,061.

Foreclosure
There is 1 zips within Lamar, AR; within this zips, the median estimated home value for homes in foreclosure ranges from $149,744 in 72846 to the lowest value of $142,046 in 72846. Foreclosure homes account for 0.00% of properties in Lamar, AR with 72846 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Lamar, AR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lamar, AR; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lamar, AR ranges from the highest value of $142,046 in 72846 to the lowest value of $142,046 in 72846. Bank owned homes and properties account for 0.09% of properties in Lamar, AR. There is 1 zips within Lamar, AR; 72846 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    72846 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Lamar, AR. Auction homes and other auction properties account for 0.09% of all properties in Lamar, AR. There is 1 zips within Lamar, AR; of that zips, the median estimated home value for homes going to auction ranges from $149,744 in 72846 to the lowest value of $149,744 in 72846.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.28% of residential properties in Lamar, AR with 72846 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Lamar, AR; homes for sale in that zips, have a range of median values from $319,900 in 72846 to the lowest value of $94,940 in 72846.
    Sold Homes
    The median value for recently sold homes ranges from $178,795 in 72846 to the lowest price of $153,922 in 72846. There is 1 zips within Lamar, AR. 72846 has 3 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.28% of properties in Lamar, AR.

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      Guide for Lamar, AR

      Market Reports
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Pennsylvania
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      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Market Reports|posted 8 April 2024

      The Little Rock real estate market has shown growth in average property values and prices per square foot between April 2023 and March 2024, indicating an investment-friendly environment.

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024

      A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.

      Recently Listed Homes Lamar, AR

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