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Lamar, AR—72846

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$198,000
2.5% YoY Growth
Household Income
$55,000
38.3% YoY Growth
Days on Market
142
67.0% Longer YoY
Home Price Forecast
N/A
Median Rent
$750
N/A
1-Bed Rent
$750
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Lamar, AR

Lamar, AR lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$198,0002.5%
Single Family $198,0003.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.3%
    1 Bedroom
    3.6%
    2 Bedrooms
    22.9%
    3 Bedrooms
    59.7%
    4 Bedrooms
    8.0%
    5+ Bedrooms
    5.4%

    Rental Trends — Lamar, AR

    Lamar, AR lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$750$750
    Studio Rent N/AN/A
    1 Bed Rent $750$750
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    16.9%
    2 Bedrooms
    40.8%
    3 Bedrooms
    42.3%

    Property Listings — Lamar, AR

    As of May '26, Realtor.com reports that the median days on market for a home in Lamar, AR is 142. This is a increase of 67.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$235,000-1.0%
    Listing Count
    		187.0%
    Listings as % of Homes0.9%7.0%
    Days on Market
    		14267.0%
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    Demographics — Lamar, AR

    As of the latest ACS Survey released in 2023, Lamar, AR has a population of 3,870, which has decreased by -13.0% over the past 5 years. Lamar, AR is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 21.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		3,870-13.0%
    % Under 18
    		24.1%-23.7%
    % Seniors
    		18.1%26.6%
    % WFH
    		4.2%27.3%
    % w/ College Degree
    		21.0%-5.8%
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    As of the latest ACS Survey released in 2023, Lamar, AR is a predominantly white area, with 85.2% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Lamar, AR is hispanic, making up 6.6% of the population. Foreign-born residents account for 1.3% of the population in Lamar, AR, and this percentage has decreased by 78.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		85.2%-4.5%
    % Black
    		1.0%150.0%
    % Hispanic
    		6.6%-21.4%
    % Asian
    		0.2%-86.7%
    % Foreign Born
    		1.3%-78.3%
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    Mortgage and Risk — Lamar, AR

    According to HUD data as of 2023, there were 75 mortgage originations in Lamar, AR, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Lamar, AR. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		75
    % Conventional Loans
    		59.0%
    % Government Loans
    		41.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		9.0%
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    Rentals and Section 8 — Lamar, AR

    Lamar, AR lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		23
    Total Units Section 8
    		23
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		77.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$100$750$650
    2 BedroomN/AN/A$850
    3 BedroomN/AN/A$1,090
    4 BedroomN/AN/A$1,190

    Affordability — Lamar, AR

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.3
    Median Home Price$198,000
    Median Household Income$55,000

    Lamar, AR — ZIP Code Boundary Map

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    Frequently Asked Questions