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Foreclosure Auction Homes in Damascus, MD

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Damascus, MD Foreclosures

How much do homes sell for in Damascus, MD?
The average home price is currently $577,482.
In Damascus, MD, how many homes are available?
There are currently 36 active home listings available in Damascus.
What’s the average rental cost in Damascus, MD?
The average rental price in Damascus is $2,459.
What is the most expensive home in Damascus?
The most expensive home sold in Damascus had a price of $43,288,330.
What is currently the cheapest priced home in Damascus, MD?
The cheapest home for sale in Damascus is priced at $13,693.

Living in Damascus, MD

Damascus, MD is a picturesque suburban town in Montgomery County with a strong sense of community and access to nature. It offers a high quality of life with excellent schools, local amenities, and beautiful parks. Residents enjoy a peaceful environment while being near urban conveniences.

Current Market Conditions in Damascus, MD

The real estate market in Damascus, MD is currently experiencing a steady increase in property values. The demand for homes has risen significantly as buyers are drawn to the area's suburban lifestyle and excellent schools. The competitive nature of the market has led to a decline in inventory, pushing home prices higher.

Recent trends indicate a growing interest in single-family homes, with many buyers seeking more outdoor space and larger living areas. As remote work becomes more prevalent, families are choosing Damascus for its affordable housing options compared to other nearby urban centers.

Home Value Estimator For Damascus, MD

There are currently 4,498 real estate properties in Damascus, MD, with a median automated valuation model (AVM) price of $533,162.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Damascus, MD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Damascus, MD, is $577,482.00, with the most expensive house in Damascus, MD, topping out at $43,288,330.00 and the cheapest home in Damascus, MD, clocking in at $13,693.00. In other words, there’s something for every potential homebuyer or savvy investor in Damascus, MD!

Rent Prices In Damascus, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Damascus, MD, is on a rollercoaster ride. The average rent price in Damascus, MD, is $2,459.00. Indeed, when looking to rent in Damascus, MD, you can expect to pay as little as $1,220.00 or as much as $4,550.00, with the average rent median estimated to be $2,440.00. The good news is that finding an affordable and desirable property to rent in Damascus, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Damascus, MD Foreclosure Auction Homes


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