A typical Damascus home is worth roughly $165,000
Builders were permitted 1 new home in 2025.
What kind of housing town is Damascus?
Read from the numbers below. The page puts what stands out first.
What it takes to buy in Damascus
Try your own numbers below.
That covers a typical Damascus home, with $85K to spare.
A two-bedroom rents for about $1,140 a month here, $200 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Arkansas typical property tax (0.55% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
3 of Damascus’s houses are on the National Register
Half of Damascus’s homes were built before 1988.
Arkansas: 66% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error. Historic houses: National Register of Historic Places.
A two-bedroom rents for about $1,140
Renters already here pay a median of $800, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
1 new home permitted in 2025
Builders were permitted 1 new home in Damascus in 2025. Over the past 10 years, Damascus has permitted 9 homes in all.
Between the 2010 and 2020 censuses, Damascus's population held steady even though 7 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Arkansas: 1.1 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $150,000 |
| 2025 | 1 | 1 | 0 | $150,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 2 | 2 | 0 | $175,000 |
| 2020 | 1 | 1 | 0 | $209,000 |
| 2019 | 1 | 1 | 0 | $55,000 |
| 2018 | 4 | 2 | 2 | $415,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 2 | 2 | 0 | $150,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 9 | 9 | 0 | $495,000 |
| 2008 | 14 | 14 | 0 | $770,000 |
| 2007 | 21 | 21 | 0 | $1.2 million |
| 2006 | 4 | 4 | 0 | $220,000 |
| 2005 | 2 | 2 | 0 | $210,000 |
| 2004 | 2 | 2 | 0 | $210,000 |
| 2003 | 2 | 2 | 0 | $210,000 |
| 2002 | 2 | 2 | 0 | $240,000 |
| 2001 | 1 | 1 | 0 | $80,000 |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Neighbors talk housing
What Damascus buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.