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Preforeclosure Homes in Damascus, AR

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Damascus, AR Foreclosures

How much do homes sell for in Damascus, AR?
The average home price is currently $182,517.
In Damascus, AR, how many homes are available?
There are currently 3 active home listings available in Damascus.
What’s the average rental cost in Damascus, AR?
The average rental price in Damascus is $916.
What is the most expensive home in Damascus?
The most expensive home sold in Damascus had a price of $2,183,124.
What is currently the cheapest priced home in Damascus, AR?
The cheapest home for sale in Damascus is priced at $10,574.

Living in Damascus, AR

Damascus is a charming small town in Arkansas, boasting a friendly community and a peaceful atmosphere. Residents enjoy a slower pace of life, complemented by a tight-knit community spirit. The town offers various outdoor activities, making it an ideal choice for nature enthusiasts and families alike.

Current Market Conditions in Damascus, AR

The real estate market in Damascus has seen a steady growth trend over the past few years, driven primarily by the area's affordable housing and attractive rural lifestyle. Properties in the region typically appeal to first-time homebuyers, retirees seeking a quieter life, and those looking for vacation homes due to the scenic surroundings and outdoor activities available.

Demand for homes in Damascus is increasing, presenting a favorable opportunity for investment as more individuals discover the charm of this town. Prices range reasonably, allowing for both budget-friendly options and desirable listings for those looking to invest or settle down.

Home Value Estimator For Damascus, AR

There are currently 754 real estate properties in Damascus, AR, with a median automated valuation model (AVM) price of $149,601.00. 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, AR, 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, AR, is $182,517.00, with the most expensive house in Damascus, AR, topping out at $2,183,124.00 and the cheapest home in Damascus, AR, clocking in at $10,574.00. In other words, there’s something for every potential homebuyer or savvy investor in Damascus, AR!

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.

Damascus, AR Preforeclosure Homes


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