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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

$2,044,612

AVERAGE PRICE OF 169 HOMES

$4,458,417

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$4,088,430

AVERAGE PRICE OF 31 HOMES WITH A POOL

$2,439,087

AVERAGE PRICE OF 116 MULTI-MILLION DOLLAR HOMES

$1,882,698

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

$689,966

AVERAGE PRICE OF 3 DISTRESSED HOMES

Average Home

Average Price $2,044,612
Avg Bedrooms 4.94 beds
Avg Bathrooms 5.19 baths

Average Price by Bedrooms

1 bedroom n/a
2 bedrooms $1,095,000
3 bedrooms $958,658
4 bedrooms $1,257,985
5 bedrooms $1,825,044
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Winston Churchill High School 94 $1,837,987 55 days
Thomas S. Wootton High School 14 $1,548,061 26 days
Richard Montgomery High School 8 $1,136,571 35 days
Walt Whitman High School 5 $3,004,600 50 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 169 $2,044,612 55 days
Newly Built Homes 5 $4,458,417 124 days
Homes with a Pool 31 $4,088,430 87 days
Multi-Million Dollar Homes 116 $2,439,087 65 days
Reduced Price Homes 7 $1,882,698 33 days
Distressed Homes 3 $689,966 97 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: July 2, 2022 3 AM.
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