Current Price

$550,887

1 Month Forecast

â–² $572,472

1-Year Forecast *

â–² $591,121

5-Year Forecast *

â–² $647,490

"Is it a good time to buy homes in Damascus?" "Does investing in real estate in Damascus (Maryland State, Montgomery County) worth it?" According to our live Forecast System, buying a house in Damascus is a acceptable short-term (1-year) investment*. The Damascus average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Damascus" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Damascus in Maryland State, Montgomery County. If you are looking for homes for sale with good flipping profit, Damascus can be a profitable property investment option. The median price of an average house in Damascus was 550,887 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Damascus" area is 647,490 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +17.54% meaning that investing 100000 USD today may yield a profit of 17,536 USD by 2031.

Current Median Listing Price: 550,887 USD Median Listing Price Per Square Foot: 306 USD

Damascus Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Damascus (Maryland State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Damascus Price Target

Damascus median home price target in 12 months: $591,121* (upside of 7.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $573,338 $569,877 $569,877 $575,579
2024 $524,215 $550,887 $524,215 $550,887
2023 $505,129 $524,300 $505,129 $524,723
2022 $489,811 $503,796 $489,811 $517,354
2021 $450,559 $486,442 $450,559 $486,442
2020 $415,315 $445,497 $415,315 $445,497
2019 $403,157 $413,269 $403,157 $413,269
2018 $390,561 $402,102 $390,561 $402,102
2017 $378,611 $388,898 $378,611 $388,898
2016 $366,524 $376,289 $366,154 $376,289
2015 $360,457 $365,099 $360,457 $365,099
2014 $348,097 $359,750 $348,097 $359,750
2013 $327,823 $346,550 $327,823 $346,550
2012 $319,241 $326,715 $319,241 $326,715

Questions & Answers about the Damascus Housing Market Forecast

How much does an average home cost in Damascus today?

The value of an average home (the listing price) in Damascus is $550,887 USD.

What is the average price per square foot in Damascus?

According to Walletinvestor the median price per square foot in Damascus is 306 USD.

Will the median listing price of homes in Damascus grow / rise / go up?

Yes. The Damascus home prices may rise from 550,887 USD to 591,121 USD in one year.

Is it profitable to invest in Damascus homes?

Yes. The long-term profit potential is +7.30% in one year.

Will Damascus house prices fall / drop?

No. See above.

What is the predicted price of a Damascus home in 2030?

The predicted home sales price of a Damascus home in 2030 in Damascus is 641,112 USD.

What is the predicted price of a Damascus home in 2035?

The predicted home sales price of a Damascus home in 2035 in Damascus is 722,045 USD.

Will real estate prices decrease in Damascus?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Damascus is the 4324. largest city in the United States, located in Maryland State.

During the last 12 months the real estate prices in Montgomery, Damascus decreased, looking at the past 12 months.

According to Walletinvestor's Damascus real estate market research, home values will increase in the next 12 months.

Median home values decreased by 4.290% to 550,887 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 6.813% in 2021
  • 8.543% in 2022
  • 8.633% in 2023
  • 7.623% in 2024
  • 6.273% in 2025
  • 7.313% in 2026

Based on our Damascus real estate market research and report the predicted sales prices will increase by 102.365% in the next 10 years.

Over the last 12 months, the value of homes in Damascus fluctuated: decreasing 4 times.

Damascus (Maryland) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Damascus Housing Market Forecast with Real Estate Prices for 2025
August 2025 572472 540413 604530
September 2025 575079 536548 613609
October 2025 577698 542458 612937
November 2025 580328 547830 612827
December 2025 581775 525343 638207
Damascus Housing Market Forecast with Real Estate Prices for 2026
January 2026 580604 551574 609634
February 2026 579962 533565 626359
March 2026 580480 546232 614729
April 2026 583118 541717 624519
May 2026 585773 542426 629121
June 2026 588441 546662 630220
July 2026 591121 533782 648459
August 2026 593812 545714 641911
September 2026 596517 549392 643641
October 2026 599233 563878 634588
November 2026 598428 546364 650491
December 2026 596688 561483 631892
Damascus Housing Market Forecast with Real Estate Prices for 2027
January 2027 594953 557471 632435
February 2027 593223 561189 625257
March 2027 591568 547200 635936
April 2027 591816 553940 629692
May 2027 593382 544131 642633
June 2027 595448 538285 652611
July 2027 598029 556167 639891
August 2027 600752 549087 652417
September 2027 603488 549777 657198
October 2027 606236 552281 660191
November 2027 608997 548706 669287
December 2027 611135 578745 643525
Damascus Housing Market Forecast with Real Estate Prices for 2028
January 2028 612094 581490 642699
February 2028 612291 574329 650253
March 2028 612115 567430 656799
April 2028 611798 561630 661965
May 2028 611699 562151 661246
June 2028 613070 560346 665794
July 2028 615862 560434 671289
August 2028 618666 576597 660736
September 2028 621484 563686 679282
October 2028 624144 580454 667835
November 2028 624680 588448 660911
December 2028 625408 577252 673565
Damascus Housing Market Forecast with Real Estate Prices for 2029
January 2029 627342 582800 671883
February 2029 630025 591594 668457
March 2029 632839 575251 690427
April 2029 635721 582956 688486
May 2029 638616 599660 677571
June 2029 640791 601703 679879
July 2029 641112 607133 675091
August 2029 640822 581866 699777
September 2029 639374 590782 687966
October 2029 637515 596077 678954
November 2029 635662 578452 692871
December 2029 638556 584918 692195
Damascus Housing Market Forecast with Real Estate Prices for 2030
January 2030 641464 595279 687650
February 2030 644385 592835 695936
March 2030 647320 591003 703637
April 2030 648933 585338 712529
May 2030 647628 607475 687781
June 2030 646911 586748 707074
July 2030 647490 582741 712239
August 2030 650432 617910 682953
September 2030 653394 591321 715466
October 2030 656369 595327 717411
November 2030 659358 598697 720019
December 2030 662361 619970 704752
Damascus Housing Market Forecast with Real Estate Prices for 2031
January 2031 665377 629447 701307
February 2031 668407 628971 707843
March 2031 667508 611438 723579
April 2031 665568 612322 718813
May 2031 663633 625142 702124
June 2031 661703 610091 713316
July 2031 659857 599150 720564
August 2031 660134 617885 702382
September 2031 661880 627463 696298
October 2031 664185 622341 706028
November 2031 667064 631042 703085
December 2031 670101 607112 733091
Damascus Housing Market Forecast with Real Estate Prices for 2032
January 2032 673153 615262 731044
February 2032 676218 634969 717468
March 2032 679298 622237 736359
April 2032 681683 625103 738262
May 2032 682753 642471 723035
June 2032 682972 620138 745805
July 2032 682776 621326 744225

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.