Commercial Real Estate Market in Damascus, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
27 active listings and 83 off-market properties in Damascus, AR.
Market Trends
Damascus, AR spans 61.1 square miles in Van Buren County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Damascus, AR runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Damascus, AR runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Damascus, AR runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Damascus, AR runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Damascus, AR has 2,254 residents in 944 households. Density runs 37 people per square mile. Median household income here is $59,018 and median gross rent $974 a month.
2,254
Population
944
Households
2.4
Avg Household Size
40
Median Age
16%
College-Educated
89%
High-School Grad
61.1 sq mi
ZIP Area
37
Density / Sq Mi
$59,018
Median Household Income
$37,792
Median Earnings
$974
Median Rent
$147,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Twin Groves | — | — |
| Gravesville | — | — |
| Martinville | — | — |
| Guy | — | — |
Frequently Asked Questions
Where does Realmo's Damascus market data come from?
Realmo compiles Damascus, AR figures from 2 recent recorded sales, 24 active sale listings, 3 active lease listings, 83 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 24 active for-sale and 3 active for-lease listings in Damascus, AR. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
