Market Summary

Damascus, Montgomery County, MD

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Median Home Price Price

$554,694 $554.7K

Median Monthly Rent Rent

$2,140 $2.1K

GRM

22.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Montgomery County

Region Price Rent GRM Display
$623,373 $2,851 18.0x
$387,536 $2,269 14.0x
$539,945 $2,295 20.0x
$636,247 $3,020 18.0x
$887,796 $2,125 35.0x
$422,625 $2,368 15.0x
$602,828 $2,663 19.0x
$646,594 $2,913 19.0x
$881,679 $2,147 34.0x
$520,418 $2,311 19.0x
$474,481 $2,672 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MD outside of Montgomery County

Region Price Rent GRM Display
$289,418 $2,115 11.0x
$481,513 $2,564 16.0x
$380,452 $1,527 21.0x
$638,383 $1,688 32.0x
$476,980 $1,790 22.0x
$513,908 $2,399 18.0x
$431,559 $2,243 16.0x
$458,541 $2,122 18.0x
$490,556 $2,100 19.0x
$647,965 $2,804 19.0x
$499,859 $2,536 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MD

Region Price Rent GRM Display
$389,842 $2,173 15.0x
$403,349 $2,066 16.0x
$793,332 $2,947 22.0x
$284,747 $1,035 23.0x
$682,514 $2,110 27.0x
$670,654 $2,172 26.0x
$255,069 $1,386 15.0x
$294,944 $1,550 16.0x
$793,347 $2,902 23.0x
$238,264 $1,076 18.0x
$284,659 $1,133 21.0x
$524,415 $1,932 23.0x
$336,628 $1,251 22.0x
$301,724 $1,167 22.0x
$300,718 $1,691 15.0x

Home prices

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Monthly rent

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GRM

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Damascus

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Trend Insights

Median Rent in Damascus, MD is $2,140, with MoM change +$12 and YoY change +$58 pointing to positive momentum while volatility is low (std $11).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Damascus, MD.

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Metric
Base market Damascus, MD
Compare market Select a market
Delta vs base
Median rent
$2,140
N/A
Median price
$554,694
N/A
YoY change
+$58
N/A
Price-to-rent
21.6x
Data unavailable
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