Damascus, GA 39841 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Damascus, GA—39841

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$102,000

10.6% YoY Growth

Household Income

$55,900

87.0% YoY Growth

Days on Market

116

N/A

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Damascus, GA

Damascus, GA lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$102,000	-10.6%
Single Family	$102,000	-8.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Damascus, GA

Damascus, GA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

2 Bedrooms

66.7%

3 Bedrooms

22.2%

4 Bedrooms

11.1%

Property Listings — Damascus, GA

Damascus, GA lacks sufficient listing trend data for analysis.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$253,000	N/A
Listing Count	3	N/A
Listings as % of Homes	N/A	N/A
Days on Market	116	N/A

Loading chart...

Demographics — Damascus, GA

As of the latest ACS Survey released in 2023, Damascus, GA has a population of 867, which has increased by 23.0% over the past 5 years. Damascus, GA is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 21.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	867	23.0%
% Under 18	20.4%	9.7%
% Seniors	28.7%	-3.7%
% WFH	0.0%	-100.0%
% w/ College Degree	21.2%	27.7%

Loading chart...

As of the latest ACS Survey released in 2023, Damascus, GA is a predominantly black area, with 61.7% of the population identifying as black. The black population has grown by 21.2% in the last 5 years. The second most common race or ethnicity in Damascus, GA is white, making up 26.2% of the population. Foreign-born residents account for 8.9% of the population in Damascus, GA, and this percentage has increased by 242.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	26.2%	-38.8%
% Black	61.7%	21.2%
% Hispanic	15.1%	48.0%
% Asian	0.0%	N/A
% Foreign Born	8.9%	242.3%

Loading chart...

Mortgage and Risk — Damascus, GA

According to HUD data as of 2023, there were 15 mortgage originations in Damascus, GA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Damascus, GA. Investor activity is high, as 40.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	15
% Conventional Loans	87.0%
% Government Loans	13.0%
% Investor Loans	40.0%
% Second Loans	0.0%
% Cash Out Refinance	13.0%

Loading chart...

Rentals and Section 8 — Damascus, GA

Damascus, GA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$810
2 Bedroom	N/A	N/A	$910
3 Bedroom	N/A	N/A	$1,160
4 Bedroom	N/A	N/A	$1,290

Damascus, GA—39841

Key Metrics at a Glance

Home Price Trends — Damascus, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Damascus, GA

% of Rental Stock

Property Listings — Damascus, GA

Demographics — Damascus, GA

Race and Ethnicity

Mortgage and Risk — Damascus, GA

Mortgages

Rentals and Section 8 — Damascus, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Damascus, GA

Home Price to Income Ratio

Damascus, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Arlington, GA

Colquitt, GA

Albany, GA

Newton, GA

Bainbridge, GA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.9
Median Home Price	$102,000
Median Household Income	$55,900

Damascus, GA—39841

Key Metrics at a Glance

Home Price Trends — Damascus, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Damascus, GA

% of Rental Stock

Property Listings — Damascus, GA

Demographics — Damascus, GA

Race and Ethnicity

Mortgage and Risk — Damascus, GA

Mortgages

Rentals and Section 8 — Damascus, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Damascus, GA

Home Price to Income Ratio

Damascus, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Arlington, GA

Colquitt, GA

Albany, GA

Newton, GA

Bainbridge, GA

Frequently Asked Questions

What is the average home price in Damascus, GA 39841?

How have home prices in Damascus, GA 39841 changed over the past year?

What is the home price projection for Damascus, GA 39841?

What are the demographics of Damascus, GA 39841?

How long does it take homes to sell in Damascus, GA 39841?

What is the average rent price in Damascus, GA 39841?