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Damascus, MD
Full City Profile · Maryland · Montgomery County County
4.0
/5.0
A
Great
16,864
Population
1,184/sq mi density
$153,994
Median Income
$63,597 per capita
$496,500
Home Value
$550,317 Zillow
$1,665
Median Rent
29.7% income on rent
54°F
Avg Temperature
293 sunny days/yr
45
Violent Crime/100K
472 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$153,994 median income, 2.2% unemployment
A+
Affordability
4.9 / 5.0
$496,500 home value, $1,665/mo rent
F
Safety
1.0 / 5.0
45 violent crimes/100K
A+
Education
5.0 / 5.0
50.4% bachelor's degree or higher
Housing Overview
Median Home Value
$496,500
76% above
US avg: $281,900
Median Rent
$1,665/mo
43% above
US avg: $1,163/mo
Homeownership Rate
91.6%
40% above US avg (65.4%)
Total Housing Units
5,922
Median year built: 1984
Home Value by Source
Census Median
$496,500
Zillow (ZHVI)
$550,317
Median Sale Price
$540,000
Median List Price
$499,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
91.6%
Owner-Occupied
8.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent:
$1,665/mo
Market Indicators (Redfin)
Median Days on Market
37 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
13
Price Drops
29.2%
of listings with price reduction
Price Per Sq Ft
$254
Active Inventory
24
homes for sale
Affordability & Housing Stock
Rent Burden
29.7%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
91.6%
Complete Housing Data
Home Values
| Census Median Value | $496,500 |
| Zillow Home Value (ZHVI) | $550,317 |
| Median Sale Price | $540,000 |
| Median List Price | $499,900 |
| Price Per Sq Ft | $254 |
Rent
| Census Median Rent | $1,665 |
| FMR Studio | $1,312 |
| FMR 1-Bedroom | $1,400 |
| FMR 2-Bedroom | $1,648 |
| FMR 3-Bedroom | $2,123 |
| FMR 4-Bedroom | $2,442 |
Market
| Days on Market | 37 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 29.2% |
| Homes Sold | 13 |
| Active Inventory | 24 |
| Price Per Sq Ft | $254 |
Ownership & Stock
| Owner-Occupied | 91.6% |
| Renter-Occupied | 8.4% |
| Homeownership Rate | 91.6% |
| Total Housing Units | 5,922 |
| Median Year Built | 1984 |
| Rent Burden | 29.7% |