The housing market in Dumas, MS is thriving. The median house value in Dumas is $121,200, significantly lower than the US median house value of $338,100. Additionally, the house appreciation rate over the past year in Dumas was 17.86%, almost double the national 1 year house appreciation rate of 8.27%. This demonstrates that the city of Dumas is experiencing an increase in housing demand and values are rising quickly as a result. Overall, it’s a great time to buy or invest in real estate in Dumas!
The median home cost in Dumas is $121,200. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Dumas is up 19.2%.
Average Age of Homes
- The median age of Dumas real estate is 32 years old
The Rental Market in Dumas
- Renters make up 12.5% 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.