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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 $578,427.
In Damascus, MD, how many homes are available?
There are currently 35 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 $43,669,316.
What is currently the cheapest priced home in Damascus, MD?
The cheapest home for sale in Damascus is priced at $13,834.

Living in Damascus, MD

Damascus, Maryland offers a charming small-town atmosphere while still being conveniently located near major urban areas like Washington, D.C. and Baltimore. This picturesque community is known for its friendly neighbors and is ideal for families and professionals looking for a peaceful lifestyle. With a variety of outdoor activities and local amenities, Damascus is a great place to call home.

Current Market Conditions in Damascus, MD

The real estate market in Damascus has demonstrated resilience despite recent economic fluctuations, with a steady demand for homes. The area's affordability compared to neighboring metropolitan areas makes it an attractive choice for homebuyers. Competitive pricing, coupled with low inventory, has resulted in quick sales and potential bidding wars in desirable neighborhoods.

In recent months, there has been an uptick in new construction and renovations within the community, indicating growing interest and investment in the area. Buyers are drawn to the quality of life that Damascus offers as well as the surrounding natural beauty.

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 $534,280.00. 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 $578,427.00, with the most expensive house in Damascus, MD, topping out at $43,669,316.00 and the cheapest home in Damascus, MD, clocking in at $13,834.00. 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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