Living in Dumas, MS
Dumas, MS, is a delightful small town known for its friendly community and serene environment. Residents enjoy a modest lifestyle with various local amenities, parks, and recreational opportunities. This charming town offers an inviting atmosphere perfect for families and retirees.
Current Market Conditions in Dumas, MS
The real estate market in Dumas shows a consistent demand for single-family homes, characterized by affordable housing options that attract both new families and retirees. As a result, buyers can find good value in their investments in this area.
In recent years, Dumas has experienced a steady increase in property values, aided by its growing appeal as a peaceful residential community close to larger urban centers. As more people seek out the benefits of small-town living, the market is expected to continue its positive trend.
Home Value Estimator For Dumas, MS
There are currently 526 real estate properties
in Dumas, MS,
with a median automated valuation model (AVM) price
of $127,700.00. 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, MS, 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, MS,
is $150,026.00, with the most expensive house
in Dumas, MS, topping out
at $853,633.00 and the cheapest home
in Dumas, MS,
clocking in at $14,800.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Dumas, MS!
Rent Prices
In Dumas, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Dumas, MS, is on
a rollercoaster ride. The
average rent price in Dumas, MS,
is $949.00. Indeed, when looking to rent in
Dumas, MS, you can expect to pay as little
as $550.00 or as much
as $1,900.00,
with the average rent median estimated to
be $930.00. The good news is that finding
an affordable and desirable property to rent in Dumas, MS
-- 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.
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