The housing market in Dumont, IA is booming compared to the national average. The median value for a house in Dumont is $106,300, significantly lower than the US median value of $338,100. Despite this lower value, the one year appreciation rate of 11.21% is much higher than the national average of 8.27%. This indicates that Dumont's real estate market has been performing exceptionally well and suggests significant growth potential for future investments.
The median home cost in Dumont is $106,300. Home appreciation the last 10 years has been 51.2%. Home Appreciation in Dumont is up 13.3%.
Average Age of Homes
- The median age of Dumont real estate is 74 years old
The Rental Market in Dumont
- Renters make up 16.6% of the Dumont population
- 0.0% of houses and apartments in Dumont, 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.