Dumas, TX—79029
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Dumas, TX
Home Price Trends — Dumas, TX
As of Oct '25, the median home price in Dumas, TX is $188,000, with a year-over-year change of 8.6%. This indicates that home prices in Dumas, TX are increasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $188,000 | 8.6% |
| Single Family | $188,000 | 9.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $209,000 | 8.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dumas, TX
Dumas, TX lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Dumas, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Dumas, TX is 68. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $268,000 | -12.0% |
Listing Count | 62 | 38.0% |
| Listings as % of Homes | 1.0% | 38.0% |
Days on Market | 68 | -17.0% |
Demographics — Dumas, TX
As of the latest ACS Survey released in 2023, Dumas, TX has a population of 15,100, which has decreased by -5.6% over the past 5 years. Dumas, TX is a popular place for families, as children make up 31.2% 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 0.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,100 | -5.6% |
% Under 18 | 31.2% | 1.0% |
% Seniors | 12.9% | 19.4% |
% WFH | 0.8% | -20.0% |
% w/ College Degree | 12.9% | -17.8% |
As of the latest ACS Survey released in 2023, Dumas, TX is a predominantly hispanic area, with 57.2% of the population identifying as hispanic. The hispanic population has grown by 12.2% in the last 5 years. The second most common race or ethnicity in Dumas, TX is white, making up 30.8% of the population. Foreign-born residents account for 21.8% of the population in Dumas, TX, and this percentage has increased by 10.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 30.8% | -17.6% |
% Black | 5.0% | 108.3% |
% Hispanic | 57.2% | 12.2% |
% Asian | 1.8% | -78.6% |
% Foreign Born | 21.8% | 10.1% |
Mortgage and Risk — Dumas, TX
According to HUD data as of 2023, there were 168 mortgage originations in Dumas, TX, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 60.0% above 90% LTV (very high). This implies large mortgage risk in Dumas, TX. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 168 |
% Conventional Loans | 50.0% |
% Government Loans | 50.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Dumas, TX
Dumas, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $890 |
| 2 Bedroom | N/A | N/A | $1,100 |
| 3 Bedroom | N/A | N/A | $1,460 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Dumas, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $188,000 |
| Median Household Income | $63,200 |