The North Potomac housing market is very competitive. Homes in North Potomac receive 3 offers on average and sell in around 24 days. The median sale price of a home in North Potomac was $913K last month, down 0.27% since last year. The median sale price per square foot in North Potomac is $349, up 20.3% since last year.
What is the housing market like in North Potomac today?
In October 2024, North Potomac home prices were down 0.27% compared to last year, selling for a median price of $913K. On average, homes in North Potomac sell after 24 days on the market compared to 29 days last year. There were 18 homes sold in October this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$912,500
-0.27% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
North Potomac, MD
$912,500
-0.27%
United States
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How hot is the North Potomac housing market?
North Potomac is very competitive. Homes sell in 22 days.
0
100
85
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 22 days.
Hot homes
can sell for about 5% above list price and go pending in around 5 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for North Potomac
Explore recent offers and recently sold homes in North Potomac
Recent offers
Offer Not Accepted|
7 Weeks Ago
~$700K Offer
Sold for $750K
4bd | 3ba | ~2,000sqft
Over List Price
0%
Days on Market
4
Competing Offers
5
Down Payment
~20%
Lisa Greaves
North Potomac Redfin Agent
Our offer was for full list price, financing & appraisal contingencies and a 7-day right to cancel only inspection. Sellers received multiple offers, none waived inspection. Price escalated well over asking price.…
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on North Potomac housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in North Potomac.
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Potomac has a minor risk of flooding. 412 properties in North Potomac are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in North Potomac. Flood risk is increasing slower than the national average.
55% of properties are at risk of wildfire over the next 30 years
Fire Factor
North Potomac has a moderate risk of wildfire. There are 4,609 properties in North Potomac that have some risk of being affected by wildfire over the next 30 years. This represents 55% of all properties in North Potomac.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
North Potomac has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. North Potomac is most at risk from hurricanes. 8,243 properties in North Potomac have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 63 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 76 mph.