Is Lamar, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lamar is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Lamar has remained a Buyer's Market.

Key Takeaway

Lamar is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lamar, AR

How much do homes in Lamar, AR cost?

Median Sold Price

$49,000

$53/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$701,000(-93.5%)

Key Takeaway

Homes in Lamar have sold for 93.5% less than they did a month ago.

Summary: The median home sold price in Lamar was $49,000 in November 2024, down 93.5% from last month, and the median price per square foot was $53.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$49K
N/A
4 $750K-
N/A
5+ --
N/A

Summary: Lamar housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Clarksville
+100.6%
Spadra Township
+63.9%
Lamar
-93.5%
Pittsburg Township
-93.5%

Housing Supply in Lamar, AR

How many homes are available in Lamar, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
990.0%

Summary: The Lamar real estate market had 9 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 67
+16.7%
4 32
-33.3%
5+ 00
0.0%

Summary: The Lamar housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lamar, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Lamar in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Lamar, AR

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Lamar, AR

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