Foreclosure Homes in Damascus, AR 72039

Buyer vs Seller Market in Damascus, AR

The real estate market in Damascus has seen a steady demand over recent years, with properties attracting buyers looking for affordable housing in a serene environment. Home prices remain lower than the national average, creating a favorable market for first-time homebuyers and retirees alike.

In the past few months, there has been an increased interest in purchasing homes in Damascus, as more remote workers look for quieter places to live away from metropolitan areas. This trend has contributed to rising property values as demand starts to outpace supply.

Rent Prices In Damascus, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Damascus, AR, is on a rollercoaster ride. The average rent price in Damascus, AR, is $917.00. Indeed, when looking to rent in Damascus, AR, you can expect to pay as little as $530.00 or as much as $2,020.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Damascus, AR -- 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.