Lamar, MS 38642 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lamar, MS—38642

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$175,000

4.8% YoY Growth

Household Income

$58,900

62.4% YoY Growth

Days on Market

101.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$1,200

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Lamar, MS

Lamar, MS lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$175,000	4.8%
Single Family	$175,000	4.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Lamar, MS

Lamar, MS lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$1,200	$1,200
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	$1,200	$1,200

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% of Rental Stock

2 Bedrooms

28.6%

3 Bedrooms

71.4%

Property Listings — Lamar, MS

As of Dec '25, Realtor.com reports that the median days on market for a home in Lamar, MS is 64. This is a increase of 64.0% 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	$360,000	-53.0%
Listing Count	5	129.0%
Listings as % of Homes	N/A	129.0%
Days on Market	49	101.0%

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Demographics — Lamar, MS

As of the latest ACS Survey released in 2023, Lamar, MS has a population of 2,080, which has decreased by -11.4% over the past 5 years. Lamar, MS is a less popular place for families, as children make up 12.8% of the population. The area has a poorly educated workforce, with 12.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,080	-11.4%
% Under 18	12.8%	-32.3%
% Seniors	16.5%	-20.7%
% WFH	1.2%	-82.9%
% w/ College Degree	12.6%	231.6%

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As of the latest ACS Survey released in 2023, Lamar, MS is a predominantly black area, with 50.3% of the population identifying as black. The black population has shrunk by 13.9% in the last 5 years. The second most common race or ethnicity in Lamar, MS is white, making up 34.2% of the population. Foreign-born residents account for 1.9% of the population in Lamar, MS, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	34.2%	-17.8%
% Black	50.3%	-13.9%
% Hispanic	2.4%	∞%
% Asian	0.0%	N/A
% Foreign Born	1.9%	∞%

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Mortgage and Risk — Lamar, MS

According to HUD data as of 2023, there were 31 mortgage originations in Lamar, MS, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Lamar, MS. Investor activity is low, as 10.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	31
% Conventional Loans	87.0%
% Government Loans	13.0%
% Investor Loans	10.0%
% Second Loans	6.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Lamar, MS

Lamar, MS 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	$870
2 Bedroom	N/A	N/A	$1,080
3 Bedroom	N/A	N/A	$1,340
4 Bedroom	$420	$1,200	$1,620

Lamar, MS—38642

Key Metrics at a Glance

Home Price Trends — Lamar, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lamar, MS

% of Rental Stock

Property Listings — Lamar, MS

Demographics — Lamar, MS

Race and Ethnicity

Mortgage and Risk — Lamar, MS

Mortgages

Rentals and Section 8 — Lamar, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Lamar, MS

Home Price to Income Ratio

Lamar, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Moscow, TN

Holly Springs, MS

Grand Junction, TN

Red Banks, MS

Williston, TN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.9
Median Home Price	$175,000
Median Household Income	$58,900

Lamar, MS—38642

Key Metrics at a Glance

Home Price Trends — Lamar, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lamar, MS

% of Rental Stock

Property Listings — Lamar, MS

Demographics — Lamar, MS

Race and Ethnicity

Mortgage and Risk — Lamar, MS

Mortgages

Rentals and Section 8 — Lamar, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Lamar, MS

Home Price to Income Ratio

Lamar, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Moscow, TN

Holly Springs, MS

Grand Junction, TN

Red Banks, MS

Williston, TN

Frequently Asked Questions

What is the average home price in Lamar, MS 38642?

How have home prices in Lamar, MS 38642 changed over the past year?

What is the home price projection for Lamar, MS 38642?

What are the demographics of Lamar, MS 38642?

How long does it take homes to sell in Lamar, MS 38642?

What is the average rent price in Lamar, MS 38642?