The housing in Dumas, AR is significantly lower than the national median value of homes in the U.S., which is currently at $338,100. In addition, the one year house appreciation rate for Dumas, AR has been negative at -100.0%, while the US 1 year home appreciation rate is 8.27%. This means that home values in Dumas have decreased since last year, contrasting with the trend of increasing home prices across the United States. Despite this downturn, it's still possible to find affordable housing in Dumas with a median price of $78,600.
The median home cost in Dumas is $78,600. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Dumas is up 19.7%.
Average Age of Homes
- The median age of Dumas real estate is 38 years old
The Rental Market in Dumas
- Renters make up 42.5% of the Dumas population
- 3.0% of houses and apartments in Dumas, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.