There are currently 1,569 real estate properties in Dumas, AR, with a median automated valuation model (AVM) price of $48,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dumas, AR, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Dumas, AR, is $77,026.00, with the most expensive house in Dumas, AR, topping out at $3,728,600.00 and the cheapest home in Dumas, AR, clocking in at $13,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Dumas, AR!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dumas, AR, is on a rollercoaster ride. The average rent price in Dumas, AR, is $881.00. Indeed, when looking to rent in Dumas, AR, you can expect to pay as little as $520.00 or as much as $2,150.00, with the average rent median estimated to be $810.00. The good news is that finding an affordable and desirable property to rent in Dumas, AR -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Dumas, AR area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Dumas, AR and much more. Save thousands at closing with home foreclosure listings in Dumas, AR — up to 75% off market value!
Dumas is located in Desha, Arkansas, with an estimated municipal population of 4,046 residents. All of the best foreclosed homes for sale in Dumas are located in the following zip code areas on Foreclosure.com: 71639. The estimated population per square kilometer (.62 miles) in Dumas is 486.
So, about how much do homes cost in Dumas? The most recent median value of resident-owned homes in Dumas is 65,387. An estimated 57 percent of households in Dumas own their homes, with an average family size of 2.86. The median household income in Dumas is 35,226, with8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Dumas, the median commute time of resident workers (in minutes) is 13.5. And last, but certainly not least, are you looking for homes to rent in Dumas? If so, the average rent price paid by renters in Dumas is 545, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Dumas, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Dumas is 35.8, split between 46.8 percent male versus 53.2 female. The percentage of residents who report being married in Dumas is 50, with an average family size of 2.86.
The percentage of residents who report their race in Dumas is as follows:
|Black / African American||56.5%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Dumas? Or maybe you are searching for 55+ active adult communities in and/or near Dumas?
The percentage of residents who report their age in Dumas is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Dumas with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Dumas.
How do you know that living in -- or moving to -- Dumas is right where you need to be? Perhaps you grew up in Dumas or already live nearby; therefore, the decision to buy a home in Dumas is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Dumas for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Dumas:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Dumas.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Dumas can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Dumas, meanwhile, can field multiple offers from more qualified buyers.
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