The housing market in Damascus, GA is thriving. According to the data, the median value of homes in Damascus is $86,600 which is significantly lower than the US House Median Value of $338,100. In addition, the US House Appreciation rate was 8.27% while Damascus saw a much higher appreciation rate of 15.43%. This shows that it is an attractive place to buy real estate and that prices are likely to continue rising in the future. People looking for a home in this area can be confident that they will be investing in an area with increasing value and potential for growth.
The median home cost in Damascus is $86,600. Home appreciation the last 10 years has been 96.9%. Home Appreciation in Damascus is up 21.0%.
Average Age of Homes
- The median age of Damascus real estate is 42 years old
The Rental Market in Damascus
- Renters make up 40.2% of the Damascus population
- 0.0% of houses and apartments in Damascus, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.