Lamar, AR Real Estate
According to census data in the year 2000 there were 587 housing units in Lamar.
This represents a 77.9% growth from 330 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 587 were located in what is classified as a rural area.
Homeownership rate in Lamar is about 65.1%.
Lamar's vacancy rate, including seasonal lodging, is about 9.2%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Lamar were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 10.70% |
| Two Bedrooms | 37.80% |
| Three Bedrooms | 46% |
| Four Bedrooms | 4.60% |
| Five Bedrooms or more | 0.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $53,700 |
| Median Price asked for vacant units | $42,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $317 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.70% |
| Home Equity Loan | 0% |
| Simple Mortgage | 49.40% |
| Debt Free | 47.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
