The housing in Dumas, TX is a great investment opportunity. The median value of the homes in this area is $153,600, which is significantly lower than the US median house price of $338,100. Additionally, over the last year the appreciation rate for houses in Dumas has been 12.81%, which is higher than the US average of 8.27%. This makes investing in a house in Dumas a smart financial decision that would likely lead to an increase in value over time.
The median home cost in Dumas is $153,600. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Dumas is up 11.4%.
Average Age of Homes
- The median age of Dumas real estate is 45 years old
The Rental Market in Dumas
- Renters make up 27.7% of the Dumas population
- 7.9% 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.