Damascus, MD Housing Market
The Damascus housing market is very competitive. The median sale price of a home in Damascus was $601K last month, down 12.9% since last year. The median sale price per square foot in Damascus is $233, up 0.6% since last year.
Damascus Housing Market Trends
In April 2024, Damascus home prices were down 12.9% compared to last year, selling for a median price of $601K. On average, homes in Damascus sell after 10 days on the market compared to 20 days last year. There were 14 homes sold in April this year, down from 15 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Damascus housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 22 days.
- Hot homescan sell for about 3% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 19 days.
- Hot homescan sell for about 3% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 25 days.
- Hot homescan sell for about 5% above list price and go pending in around 6 days.
Damascus Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Damascus from outside metros.
- New York homebuyers searched to move into Damascus more than any other metro followed by Hartford and Philadelphia.
- 82% of Damascus homebuyers searched to stay within the Damascus metropolitan area.
- Salisbury was the most popular destination among Damascus homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,424 | ||
2 | 2,343 | ||
3 | 726 | ||
4 | 287 | ||
5 | 21 | ||
6 | 21 | ||
7 | 16 | ||
8 | 10 | ||
9 | 9 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 4,451 | ||
2 | 2,549 | ||
3 | 1,831 | ||
4 | 1,559 | ||
5 | 1,508 | ||
6 | 1,373 | ||
7 | 1,342 | ||
8 | 1,280 | ||
9 | 914 | ||
10 | 877 |
Home offer insights for Damascus
Recent offers
View houses in Damascus that sold recently
Recently sold homes
- $1,200,000 Last Sold Price4 beds3.5 baths5,709 sq ft25117 Vista Ridge Rd, Laytonsville, MD 20882(301) 540-2232List Price$1,200,000Sale to List0% over listDays on Market60 days25117 Vista Ridge Rd, Laytonsville, MD 20882
- $605,000 Last Sold Price4 beds3 baths2,105 sq ft10458 Carlyn Ridge Rd, Damascus, MD 20872(866) 515-6819List Price$605,000Sale to List0% over listDays on Market29 days10458 Carlyn Ridge Rd, Damascus, MD 20872
- $617,000 Last Sold Price4 beds3.5 baths2,744 sq ft10613 Hunters Chase Ln, Damascus, MD 20872(301) 340-8700List Price$629,000Sale to List2% under listDays on Market89 days10613 Hunters Chase Ln, Damascus, MD 20872
- $1,385,000 Last Sold Price6 beds5 baths7,185 sq ft9015 Magruder Knolls Ct, Gaithersburg, MD 20882(202) 243-7700List Price$1,299,999Sale to List7% over listDays on Market35 days9015 Magruder Knolls Ct, Gaithersburg, MD 20882
- $575,000 Last Sold Price4 beds2.5 baths1,878 sq ft24001 Santa Anita Ct, Damascus, MD 20872(301) 970-2447List Price$574,900Sale to List0% over listDays on Market20 days24001 Santa Anita Ct, Damascus, MD 20872
- $1,920,000 Last Sold Price9 beds6 baths3,140 sq ft11437 Bethesda Church Rd, Damascus, MD 20872(301) 591-3920List Price$2,000,000Sale to List4% under listDays on Market424 days11437 Bethesda Church Rd, Damascus, MD 20872
- $510,000 Last Sold Price3 beds3.5 baths2,559 sq ft10400 Damascus Park Ln, Damascus, MD 20872(410) 696-2268List Price$489,900Sale to List4% over listDays on Market35 days10400 Damascus Park Ln, Damascus, MD 20872
- $1,025,000 Last Sold Price4 beds3 baths3,608 sq ft27111 Purdum Rd, Damascus, MD 20872(301) 970-2447List Price$1,050,000Sale to List2% under listDays on Market99 days27111 Purdum Rd, Damascus, MD 20872
See all recently sold homes in Damascus.
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Schools in Damascus
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Cedar Grove Elementary School Public • PreK-5 | 379 Students | 14 reviews |
8/10 Woodfield Elementary School Public • PreK-5 | 317 Students | 4 reviews |
7/10 Lois P. Rockwell Elementary School Public • PreK-5 | 460 Students | 6 reviews |
6/10 Damascus Elementary School Public • PreK-5 | 354 Students | 3 reviews |
6/10 Clearspring Elementary School Public • PreK-5 | 562 Students | 4 reviews |
Climate's impact on Damascus housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Damascus.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Damascus
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