Potomac · Final report
Potomac housing market, July 2024
Final Frozen on from sales recorded through . These figures will not change; any later correction is noted on this page.
In July 2024, 42 homes sold in Potomac at a median price of $1,332,500, 12.4% higher than a year earlier ($1,185,000). Detached houses, 37 of those sales, had a median of $1,410,000, or $457 per square foot of living area.
| Home type | Sales | Median price | Middle half | Price per sq ft | Median vs. a year earlier |
|---|---|---|---|---|---|
| All homes | 42 | $1,332,500 | $1.05M–$1.7M | $468 | +12.4% |
| Detached houses | 37 | $1,410,000 | $1.14M–$1.75M | $457 | +2.9% |
| Townhouses | 4 | Too few sales | – | – | – |
| Condos | 1 | Too few sales | – | – | – |
Over the 12 months ending with July 2024, 464 homes sold at a median of $1,305,000.
Arms-length sales of improved residential property recorded by the Maryland State Department of Assessments and Taxation (SDAT). The state adds deeds to its file in batches every few weeks, so a sale appears three to eight weeks after closing. A month is provisional until the first day of the third month after it, when its figures are frozen and published as a final snapshot. Medians from fewer than 5 sales are not shown.