Lamar, WV—24736
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lamar, WV
As of Oct '25, the median home price in Lamar, WV is $59,000, with a year-over-year change of -16.0%. This indicates that home prices in Lamar, WV are decreasing. According to Zillow, the 1-year price projection is -3.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $59,000 | -16.0% |
| Single Family | $59,000 | -16.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lamar, WV
Lamar, WV lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lamar, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Lamar, WV is 33. This is a decrease of -71.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 100.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $79,800 | 4.0% |
Listing Count | 4 | -10.0% |
| Listings as % of Homes | 0.2% | -10.0% |
Days on Market | 33 | -71.0% |
Demographics — Lamar, WV
As of the latest ACS Survey released in 2023, Lamar, WV has a population of 724, which has increased by 46.9% over the past 5 years. Lamar, WV is a moderately popular place for families, as children make up 23.9% of the population. The area has a poorly educated workforce, with 3.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 724 | 46.9% |
% Under 18 | 23.9% | 99.2% |
% Seniors | 13.8% | -39.2% |
% WFH | 3.1% | 106.7% |
% w/ College Degree | 3.4% | 1,600.0% |
As of the latest ACS Survey released in 2023, Lamar, WV is a predominantly white area, with 97.5% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Lamar, WV is black, making up 0.0% of the population. Foreign-born residents account for 0.0% of the population in Lamar, WV, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.5% | 0.3% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Lamar, WV
Lamar, WV lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Lamar, WV
Lamar, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | N/A | N/A | $850 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,230 |
Affordability — Lamar, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.4 |
| Median Home Price | $59,000 |
| Median Household Income | $42,800 |