Potomac · Final report
Potomac housing market, August 2024
Final Frozen on from sales recorded through . These figures will not change; any later correction is noted on this page.
In August 2024, 54 homes sold in Potomac at a median price of $1,253,200, 6.7% higher than a year earlier ($1,175,000). Detached houses, 43 of those sales, had a median of $1,525,000, or $467 per square foot of living area.
| Home type | Sales | Median price | Middle half | Price per sq ft | Median vs. a year earlier |
|---|---|---|---|---|---|
| All homes | 54 | $1,253,200 | $1.01M–$1.94M | $469 | +6.7% |
| Detached houses | 43 | $1,525,000 | $1.11M–$2.07M | $467 | +16.9% |
| Townhouses | 7 | $765,000 | $761K–$948K | $470 | +13.3% |
| Condos | 1 | Too few sales | – | – | – |
Over the 12 months ending with August 2024, 473 homes sold at a median of $1,307,000.
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.