The housing market in Dumas, AR (zip code 71639) is drastically different than the national average. The median value of a house in Dumas is just $90,200 compared to the US House Median Value of $338,100. Additionally, while the US experienced a 1 year House Appreciation rate of 8.27% in the same period, houses in Dumas actually depreciated by 100%. This indicates that housing prices may be stagnant or declining in the area, and potential buyers should be aware that values could drop further before increasing again in this area.
The median home cost in Dumas (zip 71639) is $90,200. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Dumas (zip 71639) is up 19.7%.
Average Age of Homes
- The median age of Dumas (zip 71639) real estate is 38 years old
The Rental Market in Dumas (zip 71639)
- Renters make up 37.2% of the Dumas (zip 71639) population
- 2.3% of houses and apartments in Dumas (zip 71639), 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.