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Short Sale Listings in Damascus, GA

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Living in Damascus, GA

Damascus, Georgia offers a quiet, close-knit community with beautiful natural surroundings. Residents enjoy local amenities and access to outdoor activities, making it an ideal location for families and retirees. With a low crime rate and excellent schools, Damascus is a desirable place for real estate investment.

Current Market Conditions in Damascus, GA

The real estate market in Damascus is currently stable, with a growing interest from homebuyers seeking affordable housing options in serene environments. Prices have remained relatively consistent, providing opportunities for investments without the volatility seen in larger urban markets.

As the demand for homes in smaller towns continues to rise, investors can expect gradual appreciation in property values. New construction and renovations of existing homes are also on the rise, indicating a vibrant market poised for future growth.

Home Value Estimator For Damascus, GA

There are currently 390 real estate properties in Damascus, GA, with a median automated valuation model (AVM) price of $81,200.00. 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, GA, 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, GA, is $153,171.00, with the most expensive house in Damascus, GA, topping out at $5,236,256.00 and the cheapest home in Damascus, GA, clocking in at $2,886.00. In other words, there’s something for every potential homebuyer or savvy investor in Damascus, GA!

Rent Prices In Damascus, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Damascus, GA, is on a rollercoaster ride. The average rent price in Damascus, GA, is $838.00. Indeed, when looking to rent in Damascus, GA, you can expect to pay as little as $450.00 or as much as $1,830.00, with the average rent median estimated to be $780.00. The good news is that finding an affordable and desirable property to rent in Damascus, GA -- 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, GA Short Sale Listings


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