The North Potomac housing market is most competitive. Homes in North Potomac receive 8 offers on average and sell in around 5 days. The median sale price of a home in North Potomac was $910K last month, down 9.68% since last year. The median sale price per square foot in North Potomac is $317, up 5.7% since last year.
What is the housing market like in North Potomac today?
In May 2024, North Potomac home prices were down 9.68% compared to last year, selling for a median price of $910K. On average, homes in North Potomac sell after 5 days on the market compared to 5 days last year. There were 22 homes sold in May this year, up from 22 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$910,000
-9.68% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
North Potomac, MD
$910,000
-9.68%
United States
To compare other locations to the North Potomac and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in North Potomac add value to a home.
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How hot is the North Potomac housing market?
North Potomac is most competitive. Homes sell in 5 days.
0
100
99
Most 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
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 6% above list price and go pending in around 5 days.
Hot homes
can sell for about 9% above list price and go pending in around 4 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
Winning Offer|
10 Weeks Ago
~$1M Offer
4bd | 4ba | ~2,750sqft
Over List Price
2%
Days on Market
6
Competing Offers
0
Down Payment
—
Antonia Ketabchi
North Potomac Redfin Agent
Offer Not Accepted|
12 Weeks Ago
~$800K Offer
Sold for $850K
5bd | 3.5ba | ~2,000sqft
Over List Price
0%
Days on Market
3
Competing Offers
4
Down Payment
~20%
Arlene Fernandez
North Potomac Redfin Agent
Offer full price with Escalation up to $810k, appraisal gap $10k , no inspection only appraisal and financing contingency…
More
Offer Not Accepted|
9 Weeks Ago
~$800K Offer
Sold for $900K
4bd | 3.5ba | ~2,500sqft
Over List Price
0%
Days on Market
5
Competing Offers
17
Down Payment
~40%
Matthew Klokel
North Potomac Redfin Agent
Offer Not Accepted|
4 Weeks Ago
~$550K Offer
Sold for $600K
3bd | 3ba | ~1,750sqft
Over List Price
0%
Days on Market
5
Competing Offers
14
Offer
All Cash
Renee Miller
North Potomac Redfin Agent
We made a full price cash offer with no home to sell contingency, a home inspection contingency, a quick two week close and free rent back to the end of June…
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.
Risk Factor
Flood Factor - Moderate
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Potomac has a moderate risk of flooding. 411 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.
35% of properties are at risk of wildfire over the next 30 years
Fire Factor
North Potomac has a moderate risk of wildfire. There are 2,908 properties in North Potomac that have some risk of being affected by wildfire over the next 30 years. This represents 35% 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.