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Maryland State Wire

Tuesday, April 22, 2025

How did home prices perform in Damascus during January 2022?

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The median sale price of a home sold in January 2022 in Damascus rose by $44,500 while total sales decreased by 18.9%, according to BlockShopper.com.

In January 2022, there were 30 homes sold, with a median sale price of $450,000 - a 11% increase over the $405,500 median sale price for the same period of the previous year. There were 37 homes sold in Damascus in January 2021.

The median sales tax in Damascus for the most recent year with available data, 2020, was $4,395, approximately 1% of the median home sale price for January 2022.

The following table compares Damascus to other Montgomery County cities with similar median sale prices in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Aspen Hill674645.7%$485,000$432,50012.1%
Forest Glen12119.1%$484,950$314,50054.2%
Wheaton-Glenmont5355-3.6%$470,000$435,0008%
Poolesville84100%$465,500$270,00072.4%
Rockville63613.3%$455,000$565,500-19.5%
Damascus3037-18.9%$450,000$405,50011%
Gaithersburg847512%$419,500$440,000-4.7%
Calverton10666.7%$410,000$342,00019.9%
Burtonsville913-30.8%$382,000$350,0009.1%
North Bethesda5367-20.9%$375,000$449,000-16.5%
Montgomery Village1088822.7%$370,000$313,50018%

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