Home prices
The cost of the median home in Lamar is $89,600. This is roughly $17,860 (24%) higher compared to its nearby areas.Compared to the country as a whole it is approximately $127,900 (58%) lower, and it is approximately $28,500 (24%) lower compared to the city of Springfield.
Rents
The median monthly rent in Lamar is $561. In comparison to its surrounding areas it is about $17 (2%) lower.It is roughly $501 (47%) lower compared to the nation as a whole, and compared to the city of Springfield is approximately $183 (24%) lower.
Nearby places
Lamar Heights
Lamar Heights is Lamar's neighbor to the west. Its real estate prices are significantly more expensive. The median home cost in Lamar Heights is $142,200, which works out to $52,600 (36%) higher than Lamar. Rents there are a bit more expensive. The median monthly rent in Lamar Heights is $725, which comes out to $164 (22%) higher than Lamar.
Jasper
Jasper is roughly 11 miles south from Lamar. Its housing prices are substantially less expensive. The cost of the median home in Jasper is $64,100, which works out to $25,500 (39%) lower than Lamar. Its rents are a bit more expensive. The median rent in Jasper is $591 per month, which is $30 (5%) higher than Lamar.
Golden City
Golden City is approximately 11 miles southeast of Lamar. The housing prices there are significantly less expensive. Golden City's median home value is $46,200, which comes out to $43,400 (93%) lower than Lamar. The rent there is fairly similar. In Golden City the median monthly rent is $535, which is $26 (4%) lower than Lamar.
Sheldon
Sheldon is roughly 11 miles north from Lamar. Real estate prices there are significantly less expensive. The median home in Sheldon is valued at $48,200, which comes out to $41,400 (85%) lower than Lamar. The rent there is pretty similar. Sheldon's median monthly rent is $548, which works out to $13 (2%) lower than Lamar.
Liberal
Liberal is about 12 miles west of Lamar. Its real estate prices are significantly less expensive. Liberal's median home cost is $58,000, which is $31,600 (54%) lower than Lamar. The rent there is a little less expensive. The median rent in Liberal is $491 a month, which is $70 (14%) lower than Lamar.
