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Land Foreclosures in Damascus, OR 97015

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Damascus, OR Foreclosures

Current Market Conditions in in Damascus, OR As of February 2026?
In the past month, Damascus has experienced a slight decrease in home prices due to a seasonal slowdown in the market. However, interest remains high, and buyer activity continues as inventory levels remain steady. Homes are selling within an average of 30 days on the market, indicating a competitive environment despite the price adjustments.
How much do homes sell for in Damascus, OR?
The average home price is currently $737,196.
What’s the average rental cost in Damascus, OR?
The average rental price in Damascus is $1,583.
What is the most expensive home in Damascus?
The most expensive home sold in Damascus had a price of $15,581,700.
What is currently the cheapest priced home in Damascus, OR?
The cheapest home for sale in Damascus is priced at $30,036.

Living in Damascus, OR

Damascus, Oregon is a tranquil suburban community located just southeast of Portland. Known for its beautiful natural surroundings and family-friendly atmosphere, the area offers a blend of rural charm and convenient access to urban amenities. Residents enjoy a peaceful lifestyle with recreational parks, local markets, and top-notch schools.

Buyer vs Seller Market in Damascus, OR

The real estate market in Damascus, OR is currently favorable for buyers, with an increase in housing inventory. Home prices are relatively affordable compared to neighboring areas, making it a popular choice for first-time homebuyers.

The community has seen consistent growth over the years, with an uptick in demand for spacious homes as more people seek suburban living close to urban amenities.

Home Value Estimator For Damascus, OR

There are currently 5,002 real estate properties in Damascus, OR, with a median automated valuation model (AVM) price of $651,587.00. 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 $737,196.00, with the most expensive house in Damascus, OR, topping out at $15,581,700.00 and the cheapest home in Damascus, OR, clocking in at $30,036.00. 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 97015 Land

Market Trend for Damascus, OR

Total Listings Available: 0

Market Values:

Home Prices from $30,036 to $15,581,700

Average Sales Price: $737,196

Rental Values:

Rental from $800 to $3,260

Average Rent Value: $1,583 / month

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