Damascus, MD Housing Market Trends

Market Overview for Q2 2026

$545K -3.2% Y-o-Y -$18K Y-o-Y
$330 3.4% Y-o-Y $11 Y-o-Y
53 -3.6% Y-o-Y -2 Y-o-Y
$425K -3% Y-o-Y -$16K Y-o-Y
Damascus, MD Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $393,000 $380,000 0 0
2023 0 0 0 0
2024 0 $544,000 $578,000 $515,000
2025 0 $563,000 $540,000 0
2026 0 $545,000
Damascus, MD Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $273 $268 0 0
2023 0 0 0 0
2024 0 $291 $286 $302
2025 0 $319 $309 0
2026 0 $330
Real Estate Transactions in Damascus, MD
Year Q1 Q2 Q3 Q4
2022 50 58 0 0
2023 0 0 0 0
2024 0 51 62 65
2025 0 55 55 0
2026 0 53
Montgomery County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $503,000 $595,000 $559,000 $545,000
2023 $529,000 $605,000 $585,000 $560,000
2024 $535,000 $640,000 $627,000 $602,000
2025 $595,000 $640,000 $625,000 $620,000
2026 $635,000 $679,000 $650,000
Damascus, MD Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $393,000 $380,000 0 0
2023 0 0 0 0
2024 0 $544,000 $578,000 $515,000
2025 0 $563,000 $540,000 0
2026 0 $545,000
Damascus, MD Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $273 $268 0 0
2023 0 0 0 0
2024 0 $291 $286 $302
2025 0 $319 $309 0
2026 0 $330
Real Estate Transactions in Damascus, MD
Year Q1 Q2 Q3 Q4
2022 50 58 0 0
2023 0 0 0 0
2024 0 51 62 65
2025 0 55 55 0
2026 0 53
Montgomery County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $503,000 $595,000 $559,000 $545,000
2023 $529,000 $605,000 $585,000 $560,000
2024 $535,000 $640,000 $627,000 $602,000
2025 $595,000 $640,000 $625,000 $620,000
2026 $635,000 $679,000 $650,000

Damascus, MD Housing Stock

Property Type
Units
Condo
360
Other
4,367

Montgomery County: Demographics

Total population
17,640
Median age
41.5
No high school education
4.5%
Some high school/college
24.5%
Bachelor's degree
25.2%
Average household income
$183,022
Occupied housing units
5,903
Owner-occupied units
90.1%
Renter-occupied units
9.9%
Median year structure built
1984

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#
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Median Sale Price
1
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$1.6M
2
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$1.4M
3
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$1.2M
4
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$830K
5
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6
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7
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8
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9
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$631K
10
Rockville
$630K
11
Silver Spring
$560K
12
Germantown
$458K
14
Los Angeles
$1M
15
San Francisco
$1.6M
16
Jersey City
$737K
17
Miami
$550K
18
Albany
$270K
19
Buffalo
$257K
20
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$900K