Damascus, MD

Strong seller's market-6.4% YoY

Housing market overview · Updated weekly

$540,000median sale price

Homes sold

13

Last 12 weeks

Days on market

37

Average pace

Active listings

24

1.8 months supply

Sale-to-list

101.0%

Above asking

The Damascus housing market is currently classified as a strong seller's market with a median sale price of $540,000. Prices have fallen 6.4% compared to last year, with homes spending an average of 37 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Damascus

There are currently 24 homes listed for sale in Damascus, Maryland. The median listing price is $500K.

Active listings

24

Homes on market

Median list price

$500K

Avg. days on market

37

Days until sale

New this week

13

Newly listed

Price drops:29.2%of listings
Sale-to-list:101.0%

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Frequently asked questions

What is the average home price in Damascus?

The median home sale price in Damascus is $540,000, down 6.4% from last year.

How long do homes stay on market in Damascus?

Homes typically spend 37 days on market before going under contract.

Is Damascus a buyer's or seller's market?

With 1.8 months of supply, Damascus is currently a strong seller's market.

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