Is Dumas, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dumas is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Dumas was a Neutral Market.

Key Takeaway

Dumas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dumas, AR

How much do homes in Dumas, AR cost?

Median Sold Price

$115,500

$115/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$59,500(-34.0%)

Key Takeaway

Homes in Dumas have sold for 34% less than they did a month ago.

Summary: The median home sold price in Dumas was $115,500 in November 2024, down 34% from last month, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$105K
N/A
3 $175K$126K
-28.0%
4 --
N/A
5+ --
N/A

Summary: Dumas housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 28%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Dumas
-34.0%
Randolph Township
-34.0%

Housing Supply in Dumas, AR

How many homes are available in Dumas, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The Dumas real estate market had 6 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 44
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Dumas housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dumas, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Dumas in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Dumas, AR

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Dumas, AR

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