Lamar County, Alabama home prices
Typical home $129,031 · -2.5% in a year · property tax 0.24%
The typical home in Lamar County is worth $129,031, 46% less than the Alabama typical home ($238,614). Values changed -2.5% in the past year and -11.0% over five years. Homeowners here pay a median 0.24% of their home's value in property tax each year ($310 on the typical home), versus 0.38% statewide.
Mortgage on the typical Lamar County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $25,806 | $103,225 | $694 | $0 | $90 | $785 | $33,600 |
| 10% down | $12,903 | $116,128 | $781 | $48 | $90 | $920 | $39,400 |
| 5% down | $6,452 | $122,580 | $825 | $51 | $90 | $966 | $41,400 |
| 3.5% down (FHA) | $4,516 | $126,694 | $852 | $57 | $90 | $1,000 | $42,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.24% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Alabama.
Alabama counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Greene County | $129,488 | +6.7% | 0.55% |
| Conecuh County | $130,511 | +3.0% | 0.31% |
| Perry County | $127,461 | -0.7% | 0.33% |
| Macon County | $132,876 | +3.5% | 0.5% |
| Marengo County | $133,531 | -2.9% | 0.38% |
| Pickens County | $133,872 | -2.2% | 0.29% |
| Wilcox County | $139,501 | +4.0% | 0.32% |
| Monroe County | $139,546 | +4.0% | 0.32% |
| Lowndes County | $139,599 | +2.4% | 0.39% |
| Crenshaw County | $139,886 | +3.3% | 0.32% |
Frequently asked questions
What is the average home price in Lamar County, AL?
The typical home value in Lamar County is $129,031 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Lamar County?
About $33,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Lamar County?
The median effective rate is 0.24% of home value a year (Census ACS 2024 5-year estimates).