Damascus, VA has a median housing value of $178,700, lower than the US median of $338,100. Despite this difference in value, Damascus is experiencing a higher rate of house appreciation than the national average. Over the last 12 months Damascus has seen an 18.69% increase in home values while the US median only experienced an 8.27% increase. This indicates that Damascus is an area with strong housing prospects and could be a great investment opportunity for those looking to enter the market.
The median home cost in Damascus is $178,700. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Damascus is up 22.5%.
Average Age of Homes
- The median age of Damascus real estate is 57 years old
The Rental Market in Damascus
- Renters make up 37.8% of the Damascus population
- 3.7% 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.