Is Dumas, MS 38625 a buyer’s or seller’s market?
Dumas is a seller’s market. With about 1.6 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Dumas housing market right now
In the three months ending August 31, 2026, 0% of homes in Dumas, MS 38625 sold above their list price, the typical home went under contract in 63 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (266 days then) and the median sale price fell 18% to $219,855. Overall, Dumas is more competitive than a year ago, so tougher for buyers.
Within Tippah County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Run the numbers for 38625
Nearby markets
Blue Mountain 38610Buyer’s market $66 /sq ftFalkner 38629 — /sq ftRipley 38663Buyer’s market $105 /sq ftTiplersville 38674Buyer’s market $91 /sq ft Browse all markets →Towns like Dumas nearby
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Questions about Dumas real estate
Is Dumas a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Dumas, MS 38625 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Dumas?
The typical home went under contract in 63 days in the latest three months.
Do homes in Dumas sell over asking?
0% of homes sold above their original list price.
What are property taxes in Dumas?
About 0.77% of a home’s value a year in Tippah County, or roughly $3,080 on a $400,000 home.
What is the median home price in Dumas?
The median sale price was $219,855 in the three months ending August 31, 2026, about $150 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology