North Potomac, MD Housing


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The housing market in North Potomac, MD is quite impressive. The median value of a house is $776,200, which is significantly higher than the US median value of $338,100. Although the current 1 year appreciation rate for houses in the United States is 8.27%, North Potomac has seen an appreciation rate of 5.58%. This means that homes in North Potomac are increasing in value faster than the national average, making it an attractive place to buy real estate.

The median home cost in North Potomac is $776,200. Home appreciation the last 10 years has been 46.2%. Home Appreciation in North Potomac is up 11.3%.

Average Age of Homes
- The median age of North Potomac real estate is 29 years old
The Rental Market in North Potomac
- Renters make up 17.7% of the North Potomac population
- 1.1% of houses and apartments in North Potomac, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingNorth Potomac, MarylandUnited States
  8,380.0139,647,020.0
  3442
  $776,200$338,100
  11.3%16.6%
  30.3%57.0%
  46.2%101.1%
  $9.41$10.98
  $6,465$2,690
  81.1%57.4%
  2.3%11.2%
  16.7%31.4%
  Vacant Housing
  1.1%1.9%
  0.4%0.4%
  0.0%0.7%
  0.5%0.4%
  0.0%3.6%
  0.3%4.1%
  Value of Owner-Occupied Housing
  0.4%2.6%
  0.0%2.4%
  0.0%2.8%
  0.6%3.9%
  0.0%4.5%
  0.2%11.3%
  0.6%13.0%
  1.0%20.1%
  4.0%13.6%
  12.0%8.3%
  41.8%9.7%
  28.5%3.9%
  9.7%2.2%
  0.2%0.8%
  1.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  10.7%13.6%
  10.7%13.6%
  24.6%13.6%
  44.8%13.2%
  14.8%14.8%
  24.6%13.6%
  0.0%10.0%
  0.1%4.7%
  0.5%12.2%
Reviews for North Potomac
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Over 17 years ago

A booming  More

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