Foreclosure Homes in Damascus, AR 72039

Current Market Conditions in Damascus, AR

The real estate market in Damascus shows promising trends with a steady increase in property values due to the area’s growing popularity. The affordable housing options attract a diverse demographic, from first-time homebuyers to retirees looking for a quieter lifestyle.

Currently, the housing inventory in the area is limited, leading to increased competition among buyers. This trend could result in a favorable market for real estate investors looking for properties that have the potential to appreciate in value over time.

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 $916.00. 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.