Damascus, MD Home Values & Market Trends
Real estate market trends reflect that there have been 118 transactions over the past year in Damascus. The median value for residential home transactions that occurred over the previous year is $519,510.52. The number of current listings in Damascus is 21, and the percentage of properties for sale in the city is 21.00%. Damascus, MD currently has 5 properties in foreclosure, 2 bank owned properties, 1 properties headed for auction, and 21 properties for sale.
Damascus, MD Real Estate Market Overview
Zip | Median Est. Value |
---|---|
20872 | $ 520,127 $ 260/sqft |
Housing Market Summary for Damascus, MD
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $389.9K | $473.7K | 21.48% |
Median Sold Price | $485K | $473.7K | -2.35% |
Homes For Sale | 17 | 21 | 23.53% |
Homes Sold | 76 | 63 | -17.11% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Damascus, MD
Browse Homes in Damascus, MD
Damascus home values range from $58,883 to $2,846,005. The median estimated value of a home in Damascus is $519,510.52. The median list price of a home is 409,900, and the total count of properties in the city is 4,175.
- Pre-ForeclosurePre-foreclosure homes account for 0.05% of all residential properties in Damascus, MD with 20872 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Damascus, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $538,824 in 20872 to the lowest home value of $500,877 in 20872.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Damascus, MD ranges from the highest value of $989,585 in 20872 to the lowest value of $422,466 in 20872. Bank owned homes and properties account for 0.05% of properties in Damascus, MD. There is 1 zips within Damascus, MD; 20872 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions20872 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Damascus, MD. Auction homes and other auction properties account for 0.02% of all properties in Damascus, MD. There is 1 zips within Damascus, MD; of that zips, the median estimated home value for homes going to auction ranges from $1,200,000 in 20872 to the lowest value of $1,200,000 in 20872.
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More Real Estate Resources for Damascus, MD
Guide for Damascus, MD
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