Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Damascus area can be challenging. Home prices in Damascus are now at a median cost of $152,771, lower than the Virginia average of $323,261.
The average cost of rent is $660/mo in Damascus, primarily driven by the current value of real estate in the Damascus area. While nearly 52.98% of residents own their homes outright in Damascus, 33.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Damascus is $3,031 per month. Households that rent pay about 21.76% of their income on rent here. Damascus's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Taylors Valley, VA: less expensive homes
- Lodi, VA: equally priced homes
- Laurel Bloomery, TN: equally priced homes
- Delmar, VA: equally priced homes
- Friendship, VA: less expensive homes
- Silver Lake, TN: equally priced homes
- Scott Addition, VA: higher priced homes
- Shady Valley, TN: less expensive homes
- Meadowview, VA: equally priced homes
- Konnarock, VA: less expensive homes
Cities with Similar Populations
- Hudson, IL: higher priced homes
- Pangburn, AR: less expensive homes
- Ord, NE: less expensive homes
- Salemburg, NC: less expensive homes
- Athens, WI: equally priced homes
- Melbourne, KY: higher priced homes
- Marmaduke, AR: less expensive homes
- Singer, LA: higher priced homes
- Log Lane Village, CO: higher priced homes
- Sullivan, OH: higher priced homes
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