Damascus, AR—72039
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Damascus, AR
As of Oct '25, the median home price in Damascus, AR is $187,000, with a year-over-year change of -0.2%. 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 Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $187,000 | -0.2% |
| Single Family | $188,000 | -0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $190,000 | -1.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Damascus, AR
Damascus, AR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,200 |
| Studio Rent | $2,200 | $2,200 |
| 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 |
% of Rental Stock
Property Listings — Damascus, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Damascus, AR is 45. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $371,000 | 38.0% |
Listing Count | 9 | 145.0% |
| Listings as % of Homes | 0.6% | 145.0% |
Days on Market | 45 | -6.0% |
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.
| Metric | Latest Census | YoY % 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% |
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
| Metric | Latest Census | 5-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% |
Mortgage and Risk — Damascus, AR
Damascus, AR lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip 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 |
Loan Activity
No data available
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $860 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,550 |
Affordability — Damascus, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $187,000 |
| Median Household Income | $59,000 |