Dumas, AR71639

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$98,000
9.0% YoY Growth
Median Household Income
$36,900
4.6% 5-Year Growth
Days on Market
120
116.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$1,000
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,000
N/A

Property Listings — Dumas, AR

As of Oct '25, Realtor.com reports that the median days on market for a home in Dumas, AR is 120. This is a increase of 116.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$145,000-18.0%
Listing Count
1259.0%
Listings as % of Homes0.3%59.0%
Days on Market
120116.0%
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Demographics — Dumas, AR

As of the latest ACS Survey released in 2023, Dumas, AR has a population of 5,380, which has decreased by -7.3% over the past 5 years. Dumas, AR is a moderately popular place for families, as children make up 24.3% of the population. The area has a poorly educated workforce, with 12.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,380-7.3%
% Under 18
24.3%-10.0%
% Seniors
18.6%4.5%
% WFH
9.6%357.1%
% w/ College Degree
12.9%2.4%
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As of the latest ACS Survey released in 2023, Dumas, AR is a predominantly black area, with 58.1% of the population identifying as black. The black population has grown by 22.1% in the last 5 years. The second most common race or ethnicity in Dumas, AR is white, making up 33.7% of the population. Foreign-born residents account for 4.1% of the population in Dumas, AR, and this percentage has decreased by 43.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
33.7%-18.8%
% Black
58.1%22.1%
% Hispanic
7.4%-22.9%
% Asian
0.0%-100.0%
% Foreign Born
4.1%-43.1%
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Mortgage and Risk — Dumas, AR

According to HUD data as of 2023, there were 30 mortgage originations in Dumas, AR, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Dumas, AR. Investor activity is high, as 17.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
30
% Conventional Loans
70.0%
% Government Loans
30.0%
% Investor Loans
17.0%
% Second Loans
0.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Dumas, AR

Dumas, AR lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
350
Total Units Section 8
257
% Rentals under Section 8
26.8%
% Occupied Section 8
85.6%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$650
2 BedroomN/AN/A$850
3 Bedroom$150$1,000$1,150
4 BedroomN/AN/A$1,400

Affordability — Dumas, AR

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.9
Median Home Price$98,000
Median Household Income$36,900

Dumas, AR — ZIP Code Boundary Map

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Frequently Asked Questions