Market Overview
Home Prices in Lamar, OK
The median home value in Lamar, OK is $200,402 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 15.5% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lamar are priced51% below average.
Over the past five years, Lamar home values have risen by approximately47.5%, reflecting strong long-term appreciation in this market.
Price History
Lamar Home Price Trend
2020
$101,832
$102K
—
2021
$135,885
$136K
+33.4%
2022
$169,036
$169K
+24.4%
2023
$154,823
$155K
-8.4%
2024
$172,984
$173K
+11.7%
2025
$173,486
$173K
+0.3%
2026
$200,402
$200K
+15.5%
City Comparison
Lamar vs. National Median
🏠 Lamar
$200,402
National Median
$410,000
At $200,402, homes in Lamar cost 51% below the national median of $410,000. This makes Lamar a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lamar?
20% Down Payment
$40,080
on $200,402
Monthly P&I
$1,045/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,327/mo
incl. taxes & insurance
Income Needed
$53,080
gross annual (30% rule)
10% Down Option
$20,040
+ PMI applies
Loan Amount (20% dn)
$160,322
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lamar, OK?
The median home value in Lamar is $200,402 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 15.5% year-over-year.
How much have home prices changed in Lamar?
Over the past year, home values in Lamar have increased by 15.5%. Over five years, prices have risen approximately 47.5%.
How much do I need to earn to buy a home in Lamar?
To comfortably afford the median home price of $200,402 with a 20% down payment ($40,080) at today's rates (6.8%), you'd need a gross annual income of approximately $53,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Lamar compare to the national average home price?
The national median home value is approximately $410,000. At $200,402, homes in Lamar are 51% below the national average.