The housing in Dumas, TX Metro Area is quite affordable compared to other parts of the country, with a median value of $153,000. However, this area has seen an impressive appreciation over the last year, with a 17.64% increase compared to the US 1-year house appreciation rate of 8.27%. This indicates that this area may be a great investment for those looking for good rates of return on their home purchases.
The median home cost in Dumas Metro Area is $153,000. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Dumas Metro Area is up 11.4%.
Average Age of Homes
- The median age of Dumas Metro Area real estate is 41 years old
The Rental Market in Dumas Metro Area
- Renters make up 26.8% of the Dumas Metro Area population
- 5.7% of houses and apartments in Dumas Metro Area, 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.