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Damascus, AR—72039

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$204,000
0.8% YoY Growth
Household Income
$59,000
25.5% YoY Growth
Days on Market
108
166.0% Longer YoY
Home Price Forecast
-0.3%
Median Rent
$2,200
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Damascus, AR

As of May '26, the median home price in Damascus, AR is $204,000, with a year-over-year change of 0.8%. This indicates that home prices in Damascus, AR are flat. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$204,0000.8%
Single Family $205,0001.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$201,0000.0%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.3%
    1 Bedroom
    1.1%
    2 Bedrooms
    21.8%
    3 Bedrooms
    63.7%
    4 Bedrooms
    13.1%

    Rental Trends — Damascus, AR

    Damascus, AR lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$2,200$2,200
    Studio Rent $2,200$2,200
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    1.5%
    1 Bedroom
    0.7%
    2 Bedrooms
    17.5%
    3 Bedrooms
    80.3%

    Property Listings — Damascus, AR

    As of May '26, Realtor.com reports that the median days on market for a home in Damascus, AR is 108. This is a increase of 166.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$361,00044.0%
    Listing Count
    		1088.0%
    Listings as % of Homes0.6%88.0%
    Days on Market
    		108166.0%
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    Demographics — Damascus, AR

    As of the latest ACS Survey released in 2023, Damascus, AR has a population of 1,980, which has decreased by -20.9% over the past 5 years. Damascus, AR is a moderately popular place for families, as children make up 19.7% of the population. The area has a poorly educated workforce, with 15.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		1,980-20.9%
    % Under 18
    		19.7%-38.8%
    % Seniors
    		24.0%93.5%
    % WFH
    		5.4%145.5%
    % w/ College Degree
    		15.9%6.0%
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    As of the latest ACS Survey released in 2023, Damascus, AR is a predominantly white area, with 81.6% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Damascus, AR is black, making up 10.5% of the population. Foreign-born residents account for 0.0% of the population in Damascus, AR, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		81.6%-4.2%
    % Black
    		10.5%11.7%
    % Hispanic
    		0.9%-64.0%
    % Asian
    		0.0%N/A
    % Foreign Born
    		0.0%-100.0%
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    Mortgage and Risk — Damascus, AR

    Damascus, AR lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — Damascus, AR

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

    Section 8 Market Size

    Total Units under HUD
    		9
    Total Units Section 8
    		9
    % Rentals under Section 8
    		5.1%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$860
    2 BedroomN/AN/A$990
    3 BedroomN/AN/A$1,310
    4 BedroomN/AN/A$1,550

    Affordability — Damascus, AR

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.3
    Median Home Price$204,000
    Median Household Income$59,000

    Damascus, AR — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Old Texas, AR

    72061

    Greenbrier, AR

    72058

    Quitman, AR

    72131

    Barney, AR

    72047

    Conway

    72035

    Frequently Asked Questions