Median price for residential apartments in Damascus, AR as of Feb, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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Damascus, AR 72039, USA apartments for sale
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Home For Sale In Damascus, Arkansas
19 Presley Boulevard, Damascus, Damascus, AR 72039, USA3 Bed
2 Bath
1,558 Sq Ft
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Home For Sale In Damascus, Arkansas
19 Presley Boulevard, Damascus, Damascus, AR 72039, USA3 Bed
2 Bath
1,558 Sq Ft
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Traditional, Detached
Oak Street, Damascus, Damascus, AR 72039, USA3 Bed
1 Bath
1,212 Sq Ft
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Traditional, Detached
Oak Street, Damascus, Damascus, AR 72039, USA3 Bed
1 Bath
1,212 Sq Ft
SoldView Photos
Traditional, Detached
Oak Street, Damascus, Damascus, AR 72039, USA3 Bed
1 Bath
1,212 Sq Ft
SoldView Photos
Traditional, Detached
Oak Street, Damascus, Damascus, AR 72039, USA3 Bed
1 Bath
1,212 Sq Ft
SoldView Photos
Traditional, Detached
Oak Street, Damascus, Damascus, AR 72039, USA3 Bed
1 Bath
1,212 Sq Ft
Damascus
According to statistics, the population in Damascus, AR amounts to 507, which shows growth 11% compared to the previous year. The median age of the city’s residents is 28. The average household income is $36,719, shifting decline -30% from the past year, and the average property value in Damascus, AR decline -9% to $126,000 throughout the year.
| Population | 507 |
| Median Age | 28 |
| Poverty Rate | 26% |
| Household Income | $36,719 |
| Number Of Employees | 221 |
| Median Property Value | $126,000 |
Household Income
The average household income in Damascus, AR declined from $52,500 to $36,719 in the past year. This data is an estimate based upon 177 households in Damascus, AR . The chart below presents how household income is distributed in Damascus, AR in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Damascus, AR shifted from $138,600 to $126,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Damascus, AR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Damascus, AR properties falls in the '$150,000 to $174,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Damascus, AR compared to median property taxes around the country. The prevalent amount of property taxes in Damascus, AR equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Damascus, AR 72039, USA
Average apartment sale in Damascus: $355,445 (-5.2%)
| Apartment Size | Feb | vs Last Month |
|---|---|---|
| Studio apartments | $350,000 | -6.7% |
| 3-bed apartments | $121,225 | +61.6% |
| 4+ bed apartments | $675,000 | +0% |
During February 2023, the average price for an apartment in/near Damascus, AR decreased by 5.2% to $355,445.
Knowing the current property prices is key if you plan to buy a studio in Damascus, AR. The average price for a studio has decreased since the last month, currently being $350,000. A 3-bed apartment goes for $121,225, it increased by 61.6% lately. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $675,000 for a big-family home.
| Listing Type | Feb | vs Last Month |
|---|---|---|
| Houses for sale | $358,557 | -4.4% |
| Land for sale | $350,000 | -6.7% |
Price reports demonstrate that house price decreased by 4.4% this month making it up to $358,557. The average price of the land for sale in Damascus, AR has decreased by 6.7%, and now equals $350,000.
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