Real Estate Investing in Lamar, Arkansas (72846)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 72846 (Lamar, AR)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.8% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lamar, AR (72846)?
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Market Analysis: 72846 Lamar
Turning to rents, ZIP 72846 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $196K median. It rewards specialists, not generalists.
For an experienced owner, 72846 can be a a viable market for hunting ground — but the discount at $196K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Lamar have seen price recovery that 72846 has not matched. Johnson County data supports the view that the spread is structural rather than temporary.
Demographically, 72846 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 72846 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Lamar:
Market Trends
Home Value History (with trend line)
📊 How Does 72846 Compare?
| Metric | 72846 | Lamar | Russellville, AR | Arkansas |
|---|---|---|---|---|
| Home Value | $195,837 | $195,837 | N/A | $216,341 |
| 5-Year CAGR | 3.0% | 3.0% | N/A | 5.7% |
| Avg Rent | $801 | $801 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 72846 (Lamar, AR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $195,837 |
| Monthly Rent | $801 |
| Price-to-Rent | 20.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 72846
Population: 3,874
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 72846
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is Lamar, AR a good market for buy-and-hold investors?
Investors tracking Lamar, AR will find a 3.0/5 rating supported by $196K median home values and $801/mo rents. That profile suits long-term holders targeting stable returns.
Are there empty rentals in Lamar, AR?
Vacancy in Lamar, AR is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $801/mo.
Where do rents currently stand in Lamar, AR?
Investors in Lamar, AR typically see rents near $801/mo per month against $196K home values - a solid setup for rental cash flow.
What is the median home value in Lamar, AR?
Expect median prices around $196K in Lamar, AR. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
Which investment style suits Lamar, AR?
Investors usually favor careful cash-flow rentals with hands-on management in Lamar, AR. With home values at $196K and rents near $801/mo, other strategies can work but produce reliable rather than outsized returns.
You know 72846 now. You don’t know where it ranks.
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How 72846 ranks in Russellville, AR
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