Potomac · Final report

Potomac housing market, December 2024

Final Frozen on from sales recorded through . These figures will not change; any later correction is noted on this page.

In December 2024, 40 homes sold in Potomac at a median price of $1,256,000, 12.0% lower than a year earlier ($1,427,500). Detached houses, 27 of those sales, had a median of $1,295,000, or $463 per square foot of living area.

Potomac, December 2024
Home typeSalesMedian priceMiddle halfPrice per sq ftMedian vs. a year earlier
All homes40$1,256,000$974K–$1.69M$465−12.0%
Detached houses27$1,295,000$1.07M–$2.15M$463−14.1%
Townhouses9$1,220,000$879K–$1.35M$469+6.1%
Condos2Too few sales–––

Over the 12 months ending with December 2024, 491 homes sold at a median of $1,335,000.

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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.