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Damascus View

DAMASCUS, MD 20872

Real Estate Market Report  ·  Montgomery County
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The DAMASCUS, MD real estate market (20872) currently shows 55 active listings, with 24 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

The median listing price has risen 3.2% year-over-year, from $579,867 to $598,500.

Whether you are buying or selling in DAMASCUS, MD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 12,932  ·  Density: 251.1/mi²  ·  Median household income: $129,775

Typical home value: $459,296  ·  Homeownership: 88.4%

Market Overview

Active Listings
55
⇧ 22.2% vs 45 last year
Pending
24
44% pending ratio
Median Price
$598,500
⇧ 3.2% vs $579,867 last year
Average Price
$642,232
⇧ 6.7% vs $601,810 last year
Days on Market
31
vs 31 days last year

Price Per Square Foot

Median $/sqft
$264
⇧ 1.1% vs $261/sqft last year
Median Home Size
2,184 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 55 this year vs 45 last year
  • Days on market: 31 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $598,500 (+3.2% YoY)
  • Average: $642,232 (+6.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.3 miles — 451 listings ($260,734,419 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
20872Damascus, MD 208720.0 mi39$23,224,773$594,000$595,507
21770Monrovia, MD 217704.8 mi20$16,293,700$768,750$814,685
20876Germantown, MD 208765.9 mi42$19,353,852$369,675$460,806
20886Montgomery Village, MD 208867.8 mi88$35,660,064$401,725$405,228
21797Woodbine, MD 217978.3 mi22$29,546,220$1,217,500$1,343,010
20879Gaithersburg, MD 208798.7 mi44$17,155,204$341,250$389,891
21704Frederick, MD 217049.3 mi43$26,734,390$588,938$621,730
20838Barnesville, MD 208389.6 mi1$975,000$975,000$975,000
20833Brookeville, MD 2083310.4 mi11$11,865,128$1,074,950$1,078,648
20880Washington Grove, MD 2088010.6 mi1$699,000$699,000$699,000
21723Cooksville, MD 2172311.3 mi4$6,147,936$1,649,650$1,536,984
20874Germantown, MD 2087412.0 mi96$48,695,232$390,750$507,242
20832Olney, MD 2083212.3 mi40$24,383,920$562,250$609,598

Frequently Asked Questions

How many homes are for sale in DAMASCUS, MD 20872?

As of June 2026, there are 55 active listings in DAMASCUS, MD (zip code 20872), compared to 45 the prior year.

What is the median home price in DAMASCUS, MD 20872?

The median listing price in DAMASCUS, MD 20872 is $598,500 as of June 2026, a 3.2% increase from $579,867 the prior year.

How long do homes stay on the market in DAMASCUS, MD?

Homes in DAMASCUS, MD 20872 spend an average of 31 days on the market before going under contract, compared to 31 days the prior year.

Is it a seller's or buyer's market in DAMASCUS, MD 20872?

Based on current inventory and days-on-market data as of June 2026, DAMASCUS, MD 20872 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

How much can I save on real estate commission in DAMASCUS, MD?

With SELL123.com's maximum 3% commission, sellers in DAMASCUS, MD 20872 save an estimated $11,970 compared to a typical 5% commission on the median listing price of $598,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.