Lamar real estate for sale in Eastern Colorado turns out to be one of the most affordable towns in all of Colorado. While home prices around the state continue to climb, you will still find affordable properties in Lamar. Being located 175 miles southeast of Denver, the affordability of Lamar homes may just woo you to our charming neighborhoods and wide-open farms.
How Affordable are Homes in Lamar Colorado?
SmartAsset’s annual report deemed Lamar homes for sale one of the best options in Colorado. Researchers considered these six criteria:
- Closing costs
- Annual property tax
- Annual homeowner’s insurance
- Average annual mortgage payment
- Median income of residents
They calculated the ration between median incomes and total housing costs for an average house. Lamar won the contest!
Recently Sold Real Estate
Popular Lamar Neighborhoods
For a glimpse of residential real estate in Lamar, have a look around downtown. The median home price is way under $100,000. But keep looking. Boasting an agricultural based economy, our Lamar agents can also fit you into the dream of owning a farm house. First, look at the following popular neighborhoods in town.
Cedar Hills is an area developed in the late 1930s and homes were built for the next couple of decades. Cozy cottages and ranch style homes range from 900-2500 square feet. The picturesque neighborhood features mature landscaping as does Mayhew Heights where it sits southwest of historic downtown Lamar on Mayhew Drive. These cottage homes were built on 0.2+-acre lots in the 1950s. And, with prices under $150,000, the quaint homes are a steal.
South of downtown are more tall trees on the west side of Memorial Drive. Appropriately named, Woodland subdivision features amazing views, finished streets, and one-third-acre lots. Just before the hospital southeast of downtown is the Willow Valley subdivision. Willow Valley is modern, classy, and comfortable. It backs to Fort Bent Canal in an area where spacious homes of 2000-2500 square feet sit on large lots. Quail Ridge, another newer neighborhood, features Lamar homes on 2-acre lots off CR 8.2 south of downtown. Lot prices begin at $12,000; home prices are in the $300,000s.
Town of Lamar and Prowers County
Now home to 13,000 residents, the growing community of Lamar, Colorado is the seat and largest city in Prowers County. Lamar sits at Highways 385 and 50. In Lamar, visit unique shops and diners and several attractions. Annual events like the High Plains Snow Goose Festival will remind you how friendly smaller towns can be. Recreational facilities include parks, an 9-hole public golf course, John Martin reservoir State Park to fish, boat, hike, and view giant white snow geese. This is a scenic area replete with large pastures, fields of corn, and grazing horses.
Lamar is on the Santa Fe Trail, American Discovery Trail, and the Amtrak route. Attractions include the restored 1907 train depot, a train engine, and a 100-year-old windmill and water tank. Big Timbers Museum documents life on the frontier, the Dust Bowl, and Camp Amache National Historic Landmark. Madonna of the Trail Monument pays tribute to the days of covered wagons. Coming from Kansas, stop by our Welcome Center located along Route 50 and learn a little about Lamar, her history, and the area around Prowers County.
Nearby towns include Granada, Hartman, Holly, Wiley, and Bristol. Prowers County is bordered by Kiowa County on the north, the Kansas border on the east, Baca County on the south, and Bent County on the west.
Lamar Schools
Students attend Parkview and Washington elementary, Alta Vista Charter, Lamar Middle, and Lamar High schools.
Lamar Colorado Real Estate Agents
For more information, please call Gene Cruikshank, Broker/President or other real estate agents at Cruikshank Realty at (719) 336-7802. Cruikshank Realty is located at 20 S. Main Street, Lamar, CO 81052. Specializing in Residential, Farm and Ranch Real Estate Sales, Management, Auctions, and Exchanges.
Real Estate Agents in Lamar Colorado
For more information, please call Cruikshank Realty at (719) 336-7802. The offices of Cruikshank Realty are located at 20 S. Main Street, Lamar, CO 81052.
