October's First-Time Homebuyer Report for Damon

Damon is a city that is growing faster than others in Texas at a 10-year growth rate of 7.9%. It also has a smaller-than-average population of 552 people. With a median age of 36 years, homes in Damon tend to be relatively old. Heading the list of top schools in the city is Damon Elementary School.

Price Range

The median value of homes in Damon is $56,600, making it one of the lower priced areas in Texas. At the same time, the average list price of available homes is presently $110,646.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Damon:

$210K  

Typical Dwelling

A three-bedroom detached home valued around $124,225 is considered a typical dwelling in Damon. If a buyer was looking for a similar home, they would need good credit and a $24,845 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $420 and the property tax rate is $15.40 per $1,000 of taxable assessed value.

Get started right now by checking out Damon homes for sale or reviewing Damon real estate trends.


Data reported through 10/13/2016

Comments:


©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.