Population in the Dumas area has maintained a steady, healthy growth over the past 10 years. Today, we are seeing a monthly average of 2 new single-family homes being constructed to help keep up with demand. Residential rental rates continue to soar past available multi-family units, but two new large apartment complexes have been constructed to help accommodate this demand. A large transient worker population has also led to innovative extended stay lodging projects and more projects are being proposed. The average price for new single-family homes is approximately $100k and existing homes are fetching an approximate average sale price of $104k. Dumas has an owner occupancy rate of 62% and renter occupancy rate of 27% accommodating over 7000 households.
The following reports provide a picture of the Dumas Housing Market as they relate to 5, 15 and 30 mile radii:
Dumas Analysis Area Map