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Foreclosure Homes in Potomac, MD 20854

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Potomac, MD Foreclosures

How much do homes sell for in Potomac, MD?
The average home price is currently $1,571,654.
In Potomac, MD, how many homes are available?
There are currently 17 active home listings available in Potomac.
What’s the average rental cost in Potomac, MD?
The average rental price in Potomac is $4,443.
What is the most expensive home in Potomac?
The most expensive home sold in Potomac had a price of $33,426,554.
What is currently the cheapest priced home in Potomac, MD?
The cheapest home for sale in Potomac is priced at $15,825.

Living in Potomac, MD

Potomac, MD is an affluent and serene suburb of Washington D.C., well known for its luxurious homes and excellent schools. With plenty of green space and upscale amenities, this community offers a high quality of life. Residents enjoy a suburban lifestyle with easy access to urban conveniences.

Current Market Conditions in Potomac, MD

The real estate market in Potomac, MD has shown resilience and growth over the past several months. As the demand for housing continues to rise, homes are selling faster and for higher prices than in previous years, reflecting the desirability of this location.

While inventory remains low, there has been a steady increase in home values, making Potomac a great investment for families and professionals looking for a stable and affluent community. The market remains competitive, with multiple offers becoming more common, particularly for well-maintained homes.

Home Value Estimator For Potomac, MD

There are currently 4,554 real estate properties in Potomac, MD, with a median automated valuation model (AVM) price of $1,375,399.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in 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 Potomac, MD, is $1,571,654.00, with the most expensive house in Potomac, MD, topping out at $33,426,554.00 and the cheapest home in Potomac, MD, clocking in at $15,825.00. In other words, there’s something for every potential homebuyer or savvy investor in Potomac, MD!

Rent Prices In Potomac, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Potomac, MD, is on a rollercoaster ride. The average rent price in Potomac, MD, is $4,443.00. Indeed, when looking to rent in Potomac, MD, you can expect to pay as little as $1,480.00 or as much as $7,240.00, with the average rent median estimated to be $4,320.00. The good news is that finding an affordable and desirable property to rent in 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.

Potomac, MD 20854 Foreclosures


Market Trend for Potomac, MD

Total Listings Available: 17

Market Values:

Home Prices from $15,825 to $33,426,554

Average Sales Price: $1,571,654

Rental Values:

Rental from $1,480 to $7,240

Average Rent Value: $4,443 / month

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