Lamar Housing Market Report May 2025•Prowers County, Colorado

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Housing Prices in Lamar, CO

How much do homes in Lamar, CO cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Lamar is a Buyer's Market

Difference Since May 2024

At the same time last year, Lamar was a Neutral Market.

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$200,000$113/SqFt

Based on all homes sold in the last 12 months

Insight

The sold price of homes in Lamar has remained the same since last year.

Summary: The median home sold price in Lamar was $200,000 in May 2025, the same as last year, and the median price per square foot was $113.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$285K$45K
-84.2%
2$175K$171K
-2.3%
3$201.5K$195K
-3.2%
4$240K$220K
-8.3%
5$266K$285K
+7.1%

Summary: Lamar housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -84.2%. The home price for 2 bedroom homes decreased by -2.3%. The home price for 3 bedroom homes decreased by -3.2%. The home price for 4 bedroom homes decreased by -8.3%. The home price for 5 bedroom homes increased by +7.1%.

How does Lamar, CO compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Lamar, CO

Housing supply in Lamar, CO

How many homes are available in Lamar, CO?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
40Last MonthMay 2025
422 months agoApr 2025
-4.8 %
Change MoMApr – May

Summary: The Lamar real estate market had 40 homes for sale in May 2025, a 4.8 % decrease compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
4Last MonthMay 2025
72 months agoApr 2025
-42.9 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
111
0.0%
2119
-18.2%
31717
0.0%
4108
-20.0%
535
+66.7%

Summary: Lamar housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -18.2%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -20.0%. The inventory for 5 bedroom homes increased by +66.7%.

Asking Price vs. Sold Price

How much do homes in Lamar, CO cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Lamar, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Lamar in May 2025, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.

Days on Market for Lamar, CO

How long does it take to sell a home in Lamar, CO?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days2 Homes

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Lamar has remained consistent over time.

Summary: During May 2025, 4 homes were sold in Lamar; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
116 DaysThis YearMay 2025
60 Days1 year agoMay 2024
+94.2 %
Change YoYMay 2024 – May 2025

Summary: Homes in Lamar had an average listing age of 116 days in May 2025, up by 94.2% compared to the previous year.

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Newest Listings in Lamar, CO

What homes are available in Lamar, CO?

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MLS Disclaimers and Copyright

Based on information from Pueblo Association of REALTORS Inc. MLS, for the period 06/01/2023 - 06/01/2025

Copyright Pueblo Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/6/2025, 9:45:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.