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Potomac, MD Real Estate & Property Data

Potomac Real Estate Market Trends

Last Updated: May 02, 2024

Accurate and comprehensive real estate data is critical for insight into Potomac, MD. ATTOM’s Potomac real estate data is updated daily, and current market trends show that in Potomac, MD a total of 547 residential properties have sold over the past year. With a median home price of $1,355,000 in Potomac and a total of 2 foreclosures. Get detailed property data for Potomac, MD instantly. ATTOM is your one-stop-shop for the Potomac property reports and real estate data you need in Potomac, MD.

Potomac Real Estate Market Trends

Get property data for any address in Potomac, MD or the country:

Total Residential Properties 17,571

Total Commercial Properties 118

Avg. Home Age (Single Family Home) 46 Years

Avg. Square Feet (Single Family Home) 3,159

Total 2024 Residential Sales (year-to-date) 77

% of Homes Seriously Underwater (Q2 2024) 0.55%

Total 2023 Residential Sales 522

% of Equity Rich Homes (Q2 2024) 51.75%

Effective 2023 Property Tax 0.81%

Total Foreclosure Filings (year-to-date) 9

Potomac, MD Real Estate Overview

There were 547 residential properties sold in the past year in Potomac, MD. The median home value in Potomac, MD is $1,175,767. There are a total of 17,571 residential properties in the Potomac.

Median Sales Price i

$1,355,000

(Mar 2024)

+12.9%

year-over-year

y-o-y

March '24 Mar '24 $1,355,000
February '24 Feb '24 $1,112,500
January '24 Jan '24 $1,332,500
December '23 Dec '23 $1,465,000
November '23 Nov '23 $1,292,500
October '23 Oct '23 $1,250,000
September '23 Sep '23 $1,280,000
August '23 Aug '23 $1,300,000
July '23 Jul '23 $1,150,000
June '23 Jun '23 $1,267,500
May '23 May '23 $1,350,000
April '23 Apr '23 $1,150,000

Median Down Payment i

$370,000

(Mar 2024)

+24.6%

year-over-year

y-o-y

March '24 Mar '24 $370,000
February '24 Feb '24 $328,500
January '24 Jan '24 $550,000
December '23 Dec '23 $385,000
November '23 Nov '23 $358,000
October '23 Oct '23 $261,000
September '23 Sep '23 $280,000
August '23 Aug '23 $460,000
July '23 Jul '23 $290,944
June '23 Jun '23 $338,875
May '23 May '23 $336,900
April '23 Apr '23 $309,000

Number of Homes Sold i

37

(Mar 2024)

+27.6%

year-over-year

y-o-y

March '24 Mar '24 37
February '24 Feb '24 15
January '24 Jan '24 25
December '23 Dec '23 46
November '23 Nov '23 35
October '23 Oct '23 43
September '23 Sep '23 34
August '23 Aug '23 53
July '23 Jul '23 53
June '23 Jun '23 74
May '23 May '23 59
April '23 Apr '23 44

Number of Purchase Loans i

27

(Mar 2024)

+22.7%

year-over-year

y-o-y

March '24 Mar '24 27
February '24 Feb '24 11
January '24 Jan '24 22
December '23 Dec '23 36
November '23 Nov '23 26
October '23 Oct '23 28
September '23 Sep '23 22
August '23 Aug '23 46
July '23 Jul '23 45
June '23 Jun '23 62
May '23 May '23 54
April '23 Apr '23 27

Number of REFI Loans i

16

(Mar 2024)

+77.8%

year-over-year

y-o-y

March '24 Mar '24 16
February '24 Feb '24 2
January '24 Jan '24 10
December '23 Dec '23 9
November '23 Nov '23 7
October '23 Oct '23 14
September '23 Sep '23 11
August '23 Aug '23 8
July '23 Jul '23 4
June '23 Jun '23 16
May '23 May '23 14
April '23 Apr '23 9

Number of HELOC Loans i

23

(Mar 2024)

-4.2%

year-over-year

y-o-y

March '24 Mar '24 23
February '24 Feb '24 13
January '24 Jan '24 18
December '23 Dec '23 21
November '23 Nov '23 19
October '23 Oct '23 23
September '23 Sep '23 12
August '23 Aug '23 20
July '23 Jul '23 19
June '23 Jun '23 30
May '23 May '23 30
April '23 Apr '23 23

Potomac, MD Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

20854
$1,175,767 $372.18/sqft

Potomac, MD Foreclosure Activity

There were a total of 2 Potomac, MD properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i

2

(Mar 2024)

year-over-year

y-o-y

March '24 Mar '24 2
February '24 Feb '24 4
January '24 Jan '24 3
December '23 Dec '23 3
November '23 Nov '23 1
October '23 Oct '23 3
September '23 Sep '23 2
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 1

Foreclosure Starts i

1

(Mar 2024)

March '24 Mar '24 1
February '24 Feb '24 3
January '24 Jan '24 2
December '23 Dec '23 2
November '23 Nov '23 1
October '23 Oct '23 2
September '23 Sep '23 1
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 1

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 N/A
April '23 Apr '23 N/A

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