Lamar County, Texas Housing Market Prices
Lamar County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 27% below the Texas median$188,666
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Median rent 32% below the Texas median$949
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lamar County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $188,666 | $258,873 | $248,835 |
| Price Trend (Annual %) | 14.7% | 9.2% | 7.5% |
| Median Gross Rent | $949 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.6% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lamar County is about 27% lower than in Texas. Rent is about 32% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Lamar County, up about 14.7% and 4.6% a year respectively. Home prices are changing faster.
Median rent in Lamar County rose about 43.5% between 2015 and 2024, from $661 to $949. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.0 yearly household incomes in Lamar County.
Buying the median-priced home in Lamar County costs roughly 16.6 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Lamar County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Lamar County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $188,666 | $258,873 | $248,835 |
| Median Household Income | $62,344 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.0 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lamar County rose about 186.1%, while median household income rose about 54.8% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Lamar County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.9% | 56.7% | 58.5% |
| Rental Rate | 29.8% | 33.9% | 31.2% |
| Vacancy Rate | 12.3% | 9.4% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Lamar County has a homeownership rate of 57.9%, higher than the Texas average of 56.7%. Its housing vacancy rate is 12.3%, compared with 9.4% in Texas.
Housing Stock
| Metric | Lamar County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.49 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1987 | 1990 | 1978 |
| Median Number of Rooms | 6.0 | 5.4 | 5.5 |
The typical housing unit in Lamar County was built around 1987. On average, 2.5 people live in a home with about 6.0 rooms, staying for about 14.0 years on average.
Lamar County, TX Housing Compared With Nearby Counties
How Lamar County, TX compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lamar County, TX | 50,669 | $188,666 #1/3 | $949 #3/3 | 66.1% #3/3 |
| Hopkins County, TX | 37,784 | $21,791 | $1,108 | 71.1% |
| Fannin County, TX | 37,326 | $154,101 | $1,035 | 78.7% |
Frequently Asked Questions
Common questions about the housing market in Lamar County, Texas.
What is the median home price in Lamar County, Texas?
The median home price in Lamar County, Texas is $188,666, lower than the Texas average of $258,873.
What is the average home price in Lamar County, Texas?
The typical home price in Lamar County, Texas, reported as the median sale price, is $188,666. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Lamar County, Texas?
The median gross rent in Lamar County, Texas is $949 per month, lower than the Texas average of $1,402.
What was the median gross rent in Lamar County in 2020?
In 2020, the median gross rent in Lamar County, Texas was $729 per month.
What is the price-to-rent ratio in Lamar County, Texas?
The price-to-rent ratio in Lamar County, Texas is about 16.6, meaning it would take roughly 16.6 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Lamar County.
Are home prices or rent rising faster in Lamar County, Texas?
Both home prices and rent are rising in Lamar County, up about 14.7% and 4.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lamar County, Texas?
57.9% of households in Lamar County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Lamar County, Texas?
The housing vacancy rate in Lamar County, Texas is 12.3%, higher than the Texas average of 9.4%.
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