Damascus, MD Real Estate
According to census data in the year 2000 there were 3,747 housing units in Damascus.
This represents a 13% growth from 3,315 in 1990.
Of those housing units, 3,328 were located in either urbanized areas or urban clusters, and 419 were located in what is classified as a rural area.
Homeownership rate in Damascus is about 86.2%.
Damascus's vacancy rate, including seasonal lodging, is about 1.5%.
Average household size is 3.07 people.
The majority of houses, apartments or condos in Damascus were built after 1983.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 2.10% |
| Two Bedrooms | 13.10% |
| Three Bedrooms | 39.90% |
| Four Bedrooms | 36.10% |
| Five Bedrooms or more | 8.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.13 |
| Median year structure was built | 1983 |
| Median Value of occupied units | $182,600 |
| Median Price asked for vacant units | $160,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1981 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.20% |
| Second Mortgage | 14.60% |
| Home Equity Loan | 10.10% |
| Simple Mortgage | 65.60% |
| Debt Free | 8.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.3% |
