Lamar, AR—72846
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lamar, AR
Lamar, AR lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $189,000 | -4.4% |
| Single Family | $189,000 | -4.1% |
| 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, AR
Lamar, AR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $750 |
| 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, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Lamar, AR is 105. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $263,000 | 68.0% |
Listing Count | 17 | 0.0% |
| Listings as % of Homes | 0.9% | 0.0% |
Days on Market | 105 | 1.0% |
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.
| Metric | Latest Census | YoY % 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% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$100 | $750 | $650 |
| 2 Bedroom | N/A | N/A | $850 |
| 3 Bedroom | N/A | N/A | $1,090 |
| 4 Bedroom | N/A | N/A | $1,190 |
Affordability — Lamar, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $189,000 |
| Median Household Income | $55,000 |