Potomac Park, MD has a median housing value of $135,800, which is significantly lower than the US median house value of $338,100. However, due to its high appreciation rate in the past year at 17.95%, it is an attractive place to invest in real estate for those looking for reasonably priced housing that has an expected return. While the overall US 1-year house appreciation rate is 8.27%, Potomac Park's much higher rate shows that it is a great area to buy into and get good returns.
The median home cost in Potomac Park is $135,800. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Potomac Park is up 11.6%.
Average Age of Homes
- The median age of Potomac Park real estate is 60 years old
The Rental Market in Potomac Park
- Renters make up 21.1% of the Potomac Park population
- 0.0% of houses and apartments in Potomac Park, 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.