Lamar, SC—29069
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lamar, SC
As of Oct '25, the median home price in Lamar, SC is $129,000, with a year-over-year change of -2.2%. This indicates that home prices in Lamar, SC are decreasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $129,000 | -2.2% |
| Single Family | $129,000 | -1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $81,000 | -2.4% |
3 Bed | $141,000 | -0.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lamar, SC
As of July '25, Rentcast reports the average rent in Lamar, SC is $317, with a year-over-year rent change of -80.8%. Per bedroom, the median rent as of July '25 in Lamar, SC is studios: $317. The most common rental property sizes in Lamar, SC are 2-bedroom and 3-bedroom, accounting for 41.6% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $300 | $317 |
| Studio Rent | $300 | $317 |
| 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, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Lamar, SC is 130. This is a increase of 37.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $200,000 | 16.0% |
Listing Count | 6 | -51.0% |
| Listings as % of Homes | 0.3% | -51.0% |
Days on Market | 130 | 37.0% |
Demographics — Lamar, SC
As of the latest ACS Survey released in 2023, Lamar, SC has a population of 5,030, which has increased by 14.5% over the past 5 years. Lamar, SC is a popular place for families, as children make up 26.3% of the population. The area has a poorly educated workforce, with 19.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,030 | 14.5% |
% Under 18 | 26.3% | 34.2% |
% Seniors | 16.3% | -23.1% |
% WFH | 9.4% | 54.1% |
% w/ College Degree | 19.8% | 63.6% |
As of the latest ACS Survey released in 2023, Lamar, SC is a predominantly white area, with 53.8% of the population identifying as white. The white population has shrunk by 10.0% in the last 5 years. The second most common race or ethnicity in Lamar, SC is black, making up 44.3% of the population. Foreign-born residents account for 0.1% of the population in Lamar, SC, and this percentage has decreased by 90.0% 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 | 53.8% | -10.0% |
% Black | 44.3% | 19.7% |
% Hispanic | 0.2% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.1% | -90.0% |
Mortgage and Risk — Lamar, SC
According to HUD data as of 2023, there were 28 mortgage originations in Lamar, SC, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Lamar, SC. Investor activity is low, as 11.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 28 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 11.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Lamar, SC
Lamar, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 54 |
Total Units Section 8 | 54 |
% Rentals under Section 8 | 11.7% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,180 |
| 4 Bedroom | N/A | N/A | $1,350 |
Affordability — Lamar, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $129,000 |
| Median Household Income | $46,200 |