The housing situation in Damascus, OR is very different from the average US home. The median value for a home in Damascus is $615,100, substantially higher than the national median of $338,100. In the past year, housing appreciation has been slower in Damascus than across the US as a whole at 6.12% compared to 8.27%. This suggests that despite its higher cost of living, households are choosing to invest elsewhere or that more people are moving out of Damascus than moving into it.
The median home cost in Damascus (zip 97089) is $615,100. Home appreciation the last 10 years has been 140.8%. Home Appreciation in Damascus (zip 97089) is up 12.2%.
Average Age of Homes
- The median age of Damascus (zip 97089) real estate is 39 years old
The Rental Market in Damascus (zip 97089)
- Renters make up 9.4% of the Damascus (zip 97089) population
- 0.0% of houses and apartments in Damascus (zip 97089), 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.