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Rent To Own Homes in Damascus, OR 97009

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Living in Damascus, OR

Damascus, OR is a peaceful suburb offering a blend of community spirit and outdoor activities. Its proximity to Portland provides residents with convenient access to urban conveniences, all while enjoying a family-friendly atmosphere. With high-quality schools and abundant amenities, it is an ideal location for families and individuals looking for a balanced lifestyle.

Current Market Conditions in Damascus, OR

The real estate market in Damascus is currently experiencing steady growth. Demand for housing is high, with young families and professionals seeking to settle in this welcoming community. The presence of new developments, alongside established neighborhoods, highlights the area's appeal as an investment opportunity.

Home prices have been increasing gradually, reflecting the desirability of the location and the quality of life it offers. Investors can expect a strong rental market as the population continues to grow, making it a promising area for real estate investment.

Home Value Estimator For Damascus, OR

There are currently 4,993 real estate properties in Damascus, OR, with a median automated valuation model (AVM) price of $671,492.00. 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, OR, 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, OR, is $755,144.00, with the most expensive house in Damascus, OR, topping out at $15,384,600.00 and the cheapest home in Damascus, OR, clocking in at $30,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Damascus, OR!

Rent Prices In Damascus, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Damascus, OR, is on a rollercoaster ride. The average rent price in Damascus, OR, is $1,583.00. Indeed, when looking to rent in Damascus, OR, you can expect to pay as little as $800.00 or as much as $3,260.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Damascus, OR -- 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, OR 97009 Rent To Own Homes

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