The housing in Potomac Mills, VA is quite expensive with a median value of $515,200. This is much higher than the US House Median Value of $338,100. Although house appreciation in the US was 8.27% over the last year, the appreciation rate in Potomac Mills was only 4.61%. Despite this lower appreciation rate, Potomac Mills still remains one of the higher valued areas in Virginia for housing.
The median home cost in Potomac Mills is $515,200. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Potomac Mills is up 11.4%.
Average Age of Homes
- The median age of Potomac Mills real estate is 31 years old
The Rental Market in Potomac Mills
- Renters make up 23.4% of the Potomac Mills population
- 3.8% of houses and apartments in Potomac Mills, 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.