Damascus, AR Home Values & Market Trends

Real estate market trends reflect that there have been 13 transactions over the past year in Damascus. The median value for residential home transactions that occurred over the previous year is $142,175.83. The number of current listings in Damascus is 5, and the percentage of properties for sale in the city is 5.00%. Damascus, AR currently has 2 properties in foreclosure, 2 bank owned properties, 0 properties headed for auction, and 5 properties for sale.

Damascus, AR Real Estate Market Overview

ZipMedian Est. Value
72039

$ 225,920

$ 111/sqft

Housing Market Summary for Damascus, AR

Apr 2023March 2024Change
Median Listing Price$79,900$200.3K150.74%
Median Sold Price$212.9K$200.3K-5.92%
Homes For Sale36100.00%
Homes Sold49125.00%
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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%.

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Browse Homes in Damascus, AR

Damascus home values range from $27,134 to $995,614. The median estimated value of a home in Damascus is $142,175.83. The median list price of a home is 229,500, and the total count of properties in the city is 929.

Foreclosure
There is 1 zips within Damascus, AR; within this zips, the median estimated home value for homes in foreclosure ranges from $183,336 in 72039 to the lowest value of $74,900 in 72039. Foreclosure homes account for 0.00% of properties in Damascus, AR with 72039 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Damascus, AR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Damascus, AR; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Damascus, AR ranges from the highest value of $183,336 in 72039 to the lowest value of $74,900 in 72039. Bank owned homes and properties account for 0.22% of properties in Damascus, AR. There is 1 zips within Damascus, AR; 72039 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Damascus, AR. Auction homes and other auction properties account for 0% of all properties in Damascus, AR. There is 1 zips within Damascus, AR; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.54% of residential properties in Damascus, AR with 72039 containing 5 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Damascus, AR; homes for sale in that zips, have a range of median values from $596,160 in 72039 to the lowest value of $74,900 in 72039.
    Sold Homes
    The median value for recently sold homes ranges from $224,512 in 72039 to the lowest price of $41,598 in 72039. There is 1 zips within Damascus, AR. 72039 has 10 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.08% of properties in Damascus, AR.

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      Guide for Damascus, AR

      Market Reports
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Market Reports|posted 8 April 2024

      The Little Rock real estate market has shown growth in average property values and prices per square foot between April 2023 and March 2024, indicating an investment-friendly environment.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.