Damascus, MD Housing Market
The Damascus housing market is very competitive. The median sale price of a home in Damascus was $554K last month, up 15.9% since last year. The median sale price per square foot in Damascus is $257, up 19.8% since last year.
Damascus Housing Market Trends
In March 2024, Damascus home prices were up 15.9% compared to last year, selling for a median price of $554K. On average, homes in Damascus sell after 40 days on the market compared to 28 days last year. There were 18 homes sold in March this year, up from 14 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 24 days.
- Hot homescan sell for about 2% above list price and go pending in around 4 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 around list price and go pending in around 28 days.
- Hot homescan sell for about 2% above list price and go pending in around 6 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 3% above list price and go pending in around 28 days.
- Hot homescan sell for about 6% 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 Atlanta and Hartford.
- 81% 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 | Jan '24 - Mar '24 | ||
1 | 3,185 | ||
2 | 1,376 | ||
3 | 525 | ||
4 | 384 | ||
5 | 26 | ||
6 | 13 | ||
7 | 11 | ||
8 | 10 | ||
9 | 5 | ||
10 | 5 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,584 | ||
2 | 2,396 | ||
3 | 2,070 | ||
4 | 1,555 | ||
5 | 1,496 | ||
6 | 1,356 | ||
7 | 1,298 | ||
8 | 1,266 | ||
9 | 982 | ||
10 | 808 |
Home offer insights for Damascus
Recent offers
View houses in Damascus that sold recently
Recently sold homes
- $627,234 Last Sold Price3 beds2.5 baths2,022 sq ft26220 Queens Grove Ter, Damascus, MD 20872(571) 386-1075List Price$627,234Sale to List0% over listDays on Market21 days26220 Queens Grove Ter, Damascus, MD 20872
- $262,000 Last Sold Price3 beds1.5 baths1,153 sq ft10468 Damascus Park Ln Unit M25, Damascus, MD 20872(301) 970-2447List Price$280,000Sale to List6% under listDays on Market67 days10468 Damascus Park Ln Unit M25, Damascus, MD 20872
- $525,000 Last Sold Price3 beds3 baths2,022 sq ft10421 Ridge Landing Pl, Damascus, MD 20872(301) 258-7757List Price$510,000Sale to List3% over listDays on Market42 days10421 Ridge Landing Pl, Damascus, MD 20872
- $640,000 Last Sold Price3 beds3 baths1,638 sq ft10405 Lewis Dr, Damascus, MD 20872(301) 874-5050List Price$650,000Sale to List2% under listDays on Market51 days10405 Lewis Dr, Damascus, MD 20872
- $524,900 Last Sold Price3 beds3 baths1,880 sq ft26223 Town Spring Rd, Damascus, MD 20872List Price$524,900Sale to List0% over listDays on Market35 days26223 Town Spring Rd, Damascus, MD 20872
- $1,150,000 Last Sold Price5 beds3.5 baths4,830 sq ft25122 Vista Ridge Rd, Laytonsville, MD 20882(443) 821-0707List Price$1,150,000Sale to List0% over listDays on Market35 days25122 Vista Ridge Rd, Laytonsville, MD 20882
- $1,035,000 Last Sold Price5 beds4.5 baths5,754 sq ft9411 Poplar Crk, Laytonsville, MD 20882(301) 258-7757List Price$975,000Sale to List6% over listDays on Market30 days9411 Poplar Crk, Laytonsville, MD 20882
- $575,000 Last Sold Price5 beds3 baths2,907 sq ft24525 Fossen Rd, Damascus, MD 20872(703) 310-6111List Price$575,000Sale to List0% over listDays on Market46 days24525 Fossen Rd, Damascus, MD 20872
See all recently sold homes in Damascus.
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Schools in Damascus
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Cedar Grove Elementary School Public • PreK-5 | 613 Students | 14 reviews |
9/10 Woodfield Elementary School Public • PreK-5 | 339 Students | 4 reviews |
7/10 Clearspring Elementary School Public • PreK-5 | 618 Students | 3 reviews |
7/10 Lois P. Rockwell Elementary School Public • PreK-5 | 474 Students | 6 reviews |
6/10 Damascus Elementary School Public • PreK-5 | 341 Students | 3 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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