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Potomac

Why you'd want to live in Potomac

Potomac is a census-designated place (CDP) in Montgomery County, Maryland, United States, named after the nearby Potomac River. Potomac is the seventh most educated small town in America, based on percentage of residents with postsecondary degrees.[1] Bloomberg Businessweek labeled Potomac as the twenty-ninth-richest zip code in the United States in 2011, stating that it had the largest population of any U.S. town with a median income of more than $240,000.[2] In 2012, The Higley Elite 100 published a list of highest-income neighborhoods by mean household income, which included four neighborhoods in Potomac; one of these neighborhoods, "Carderock-The Palisades" was ranked the highest-income neighborhood in the United States, followed by "Beverly Hills-North of Sunset" in Beverly Hills, California and "Swinks Mill-Dominion Reserve" of McLean, Virginia.[3] More recently, two Potomac neighborhoods were ranked among the ten wealthiest neighborhoods in the country by CNBC in 2014.[4] In 2018, data from the American Community Survey revealed that Potomac was the sixth-wealthiest city in the United States.[5] Many Potomac residents work in nearby Washington, D.C.

Potomac Market Report

$2,124,279

AVERAGE PRICE OF 101 HOMES

$1,416,666

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,663,342

AVERAGE PRICE OF 71 MULTI-MILLION DOLLAR HOMES

$3,647,500

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$3,839,065

AVERAGE PRICE OF 23 HOMES WITH A POOL

Average Home

Average Price $2,124,279
Avg Bedrooms 4.46 beds
Avg Bathrooms 5.03 baths

Average Price by Bedrooms

2 bedrooms $650,000
3 bedrooms $988,278
4 bedrooms $1,152,286
5 bedrooms $1,777,604
Potomac Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 110 116 104 136 145
Average Price $2,063,174 $2,123,509 $2,210,824 $2,040,481 $1,961,549
Avg Price Change -2.92% -4.11% +8.35% +4.02% n/a
Median Price $1,496,567 $1,499,833 $1,594,500 $1,465,156 $1,459,000
Med Price Change -0.22% -6.31% +8.83% +0.42% n/a
Avg Bedrooms 4.57 beds 4.72 beds 4.68 beds 4.71 beds 4.71 beds
Avg Bathrooms 5.05 baths 5.24 baths 5.45 baths 5.2 baths 5.17 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Richard Montgomery 2 $837,449 54 days
Thomas S. Wootton 8 $1,202,363 49 days
Walt Whitman 7 $2,116,714 58 days
Winston Churchill 52 $2,122,448 98 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 101 $2,124,279 89 days
Distressed Homes 3 $1,416,666 102 days
Multi-Million Dollar Homes 71 $2,663,342 110 days
Newly Built Homes 2 $3,647,500 159 days
Homes with a Pool 23 $3,839,065 154 days
The Fine Living Group
Jonathan Lahey
1050 Connecticut Ave NW Ste 500
Washington, DC 20036
301-651-4900


The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Fine Living Group participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. © 2022 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: December 1, 2022 9 PM.
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