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Damascus, VA Real Estate


According to census data in the year 2000 there were 561 housing units in Damascus. This represents a 15.7% growth from 485 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 561 were located in what is classified as a rural area.

Homeownership rate in Damascus is about 59.1%. Damascus's vacancy rate, including seasonal lodging, is about 9.3%. Average household size is 2 people.

The majority of houses, apartments or condos in Damascus were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom20%
Two Bedrooms34%
Three Bedrooms33.90%
Four Bedrooms8.90%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1952
Median Value of occupied units$62,000
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size1.81
Median year structure was built1973
Median Monthly Rent asked for vacant units$256

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.60%
Second Mortgage5.20%
Home Equity Loan2.80%
Simple Mortgage31.60%
Debt Free58.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.2%