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Preforeclosure Homes in North Potomac, MD

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North Potomac, MD Foreclosures

How much do homes sell for in North Potomac, MD?
The average home price is currently $879,850.
In North Potomac, MD, how many homes are available?
There are currently 1 active home listings available in North Potomac.
What’s the average rental cost in North Potomac, MD?
The average rental price in North Potomac is $2,854.
What is the most expensive home in North Potomac?
The most expensive home sold in North Potomac had a price of $3,473,744.
What is currently the cheapest priced home in North Potomac, MD?
The cheapest home for sale in North Potomac is priced at $189,439.

Living in North Potomac, MD

North Potomac, MD, is a welcoming suburb known for its exceptional quality of life and family-friendly environment. With excellent schools, numerous parks, and a vibrant community spirit, it's a sought-after location for both families and professionals. Residents benefit from easy access to amenities and a variety of recreational activities.

Current Market Conditions in North Potomac, MD

The real estate market in North Potomac is currently competitive, with a mix of single-family homes and townhomes attracting both buyers and renters. Home values have shown consistent appreciation, reflecting the desirability of the area, making it an attractive investment opportunity for real estate investors.

In recent months, the demand for housing has surged due to low inventory, leading to multiple offers on well-priced homes. Buyers are encouraged to act quickly as properties often sell within days of being listed, showcasing the area's appeal.

Home Value Estimator For North Potomac, MD

There are currently 6,350 real estate properties in North Potomac, MD, with a median automated valuation model (AVM) price of $860,959.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in North Potomac, MD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in North Potomac, MD, is $879,850.00, with the most expensive house in North Potomac, MD, topping out at $3,473,744.00 and the cheapest home in North Potomac, MD, clocking in at $189,439.00. In other words, there’s something for every potential homebuyer or savvy investor in North Potomac, MD!

Rent Prices In North Potomac, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in North Potomac, MD, is on a rollercoaster ride. The average rent price in North Potomac, MD, is $2,854.00. Indeed, when looking to rent in North Potomac, MD, you can expect to pay as little as $1,210.00 or as much as $7,360.00, with the average rent median estimated to be $2,800.00. The good news is that finding an affordable and desirable property to rent in North Potomac, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

North Potomac, MD Preforeclosure Homes


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