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Damascus School - Damascus OregonPhoto: Ian Poellet · CC BY-SA 3.0
Housing in Damascus

105 homes sold in Damascus in the last year, at a typical $678K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Damascus homes are listed.

Homes sold
105
June 2025 to May 2026
Typical sale price
$678K
median, weighted by sales
Price per square foot
$289
Oregon $295
Paid vs. asking
98.8%
25% sold over asking
For sale now
30
May 2026 · 6 sold that month
What sold · last 12 months

Houses are 100% of Damascus’ sales, at a typical $678K

105 homes sold in the year to May 2026.

Houses$678K

typical sale · 105 sold in 12 months

Per square foot
$289OR $296
Days to sell
43
Sold over asking
25%
Listings with a price cut
36%
14 years of sales

Fewer homes sell than a decade ago, at 1.6 times the 2016 price

105 sales in the last year, against 173 in 2015 and a low of 91 in 2023. The typical sale went from $418K in 2016 to $678K.

Homes soldTypical sale price
050100150200$350K$500K$650K$800K2012: 128 sold, typical $276K’122013: 140 sold, typical $315K2014: 134 sold, typical $345K’142015: 173 sold, typical $367K2016: 156 sold, typical $418K’162017: 160 sold, typical $443K2018: 130 sold, typical $497K’182019: 123 sold, typical $484K2020: 168 sold, typical $531K’202021: 152 sold, typical $618K2022: 158 sold, typical $688K’222023: 91 sold, typical $682K2024: 99 sold, typical $697K’242025: 103 sold, typical $668KLast 12 months: 105 sold, typical $678KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $700K buys in Damascus

Houseat $289 a sq ft
The same money in Oregonat $296 a sq ft

Is this asking price fair?

Check a listing against what Damascus homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Damascus are rarer than before the pandemic, with about as many homes for sale

We read every month of Damascus’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 105 sales.

If you’re buying in Damascus

  • Shop in July. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (31% over asking).
  • You can negotiate. 36% of listings have cut their price, against 30% before the pandemic.
  • Bid near asking. Buyers paid 98.8% of the list price on average; 25% paid over.
  • You’ll usually have time. Only 32% of homes go under contract within two weeks; the typical one takes 43 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 19 a month), but April is the most competitive: 39% of April sales close over asking. July offers nearly as much choice with fewer homes bid up (31%). February has the least competition (24%) but only about 9 new listings.

New listings a monthShare sold over asking
0510152013%27%40%Sweet spotJan: 9 new listings a month, 26% sold over asking, 47 days to sellJFeb: 9 new listings a month, 24% sold over asking, 66 days to sellFMar: 14 new listings a month, 39% sold over asking, 46 days to sellMApr: 17 new listings a month, 39% sold over asking, 28 days to sellAMay: 19 new listings a month, 39% sold over asking, 12 days to sellMJun: 19 new listings a month, 36% sold over asking, 18 days to sellJJul: 17 new listings a month, 31% sold over asking, 19 days to sellJAug: 15 new listings a month, 37% sold over asking, 22 days to sellASep: 13 new listings a month, 37% sold over asking, 31 days to sellSOct: 13 new listings a month, 35% sold over asking, 34 days to sellONov: 8 new listings a month, 30% sold over asking, 29 days to sellNDec: 3 new listings a month, 29% sold over asking, 34 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Oregon as a whole

Damascus now2017–192021 peakOR now
Sold over askingShare of sales that closed above the list price25%33%51%24%
Gone within two weeksShare of homes under contract within 14 days32%38%58%31%
Listings with a price cutShare of homes for sale that cut their price36%30%33%30%
Price paid vs. askingAverage sale price ÷ list price98.8%99.1%102.2%98.8%
Days to sellMedian days from listing to contract43311546
Supply

25 homes for sale on a typical day

That’s 1.6 times the 2021 low (16), 13% fewer than in 2017–19 and well under 2014’s 40.

2012: 38 for sale’122013: 37 for sale2014: 40 for sale2015: 39 for sale’152016: 36 for sale2017: 27 for sale2018: 30 for sale’182019: 30 for sale2020: 18 for sale2021: 16 for sale’212022: 22 for sale2023: 16 for sale2024: 23 for sale’242025: 29 for saleLast 12 months: 25 for saleNow
Room to negotiate

1 in 3 listings has cut its price

36% in the last year, against 30% in 2017–19 and 30% across Oregon. More sellers are pricing high and coming down.

2015: 27%’152016: 25%2017: 28%2018: 33%’182019: 29%2020: 26%2021: 33%’212022: 42%2023: 32%2024: 30%’242025: 35%Last 12 months: 36%Now
Across Oregon

Damascus ranks 42nd of 109 busy Oregon markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Damascus is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Damascus home costs about $3,999 a month

Mortgage
Property tax
Insurance
Rent

Price: Damascus’ typical sale, last 12 months. Property tax at Damascus’ 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Damascus is affordable on local pay is on Cost of living.

Before you buy in Damascus

Six things worth knowing

19

New listings in June

The month with the most choice. December has the fewest, about 3.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $678K home, about $5,540 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Damascus, from test results, graduation and how much students grow.

Schools in Damascus
28 min

Typical commute

The average one-way trip to work for people who live in Damascus.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Happy Valley, Gresham and Fairview sell for less a square foot

The busier markets within 25 miles of Damascus, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Gresham1,083$466K$26530%33
Happy Valley461$686K$27721%59
Oatfield161$570K$30735%29
Troutdale135$490K$29432%21
Gladstone121$518K$29241%25
Damascus105$678K$28925%43
Fairview60$471K$27632%45

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Damascus, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Damascus. People who follow the town see it, and so do people comparing Damascus with their own town. No commission, no listing fee.

Questions about buying a home in Damascus

What do homes sell for in Damascus, OR?

105 homes sold in the year to May 2026 at a typical $678K, $289 a square foot.

Is Damascus a buyer’s or seller’s market?

A balanced market: 30 homes were for sale in May 2026 and 6 sold, about 5 months of supply. Buyers paid 98.8% of asking on average, and 36% of listings cut their price.

When is the best time to buy in Damascus?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Damascus?

About 0.8% of a home’s value a year. On a $678K home that’s near $5,540.

Where can I see homes for sale in Damascus?

Zillow, Redfin, Realtor.com and Homes.com all carry Damascus’ MLS listings; the search links above open each one filtered to Damascus.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).