North Potomac, MD Housing Market
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 $1.0M last month, up 27.8% since last year. The median sale price per square foot in North Potomac is $324, up 8.0% since last year.
North Potomac Housing Market Trends
In April 2024, North Potomac home prices were up 27.8% compared to last year, selling for a median price of $1.0M. On average, homes in North Potomac sell after 5 days on the market compared to 6 days last year. There were 18 homes sold in April this year, down from 23 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the North Potomac housing market?
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 5% above list price and go pending in around 5 days.
- Hot homescan sell for about 9% above list price and go pending in around 4 days.
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 3% above list price and go pending in around 10 days.
- Hot homescan sell for about 8% above list price and go pending in around 4 days.
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 3% above list price and go pending in around 16 days.
- Hot homescan sell for about 7% above list price and go pending in around 5 days.
North Potomac Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into North Potomac from outside metros.
- New York homebuyers searched to move into North Potomac more than any other metro followed by Hartford and Atlanta.
- 82% of North Potomac homebuyers searched to stay within the North Potomac metropolitan area.
- Salisbury was the most popular destination among North Potomac homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,393 | ||
2 | 1,561 | ||
3 | 642 | ||
4 | 348 | ||
5 | 314 | ||
6 | 19 | ||
7 | 12 | ||
8 | 12 | ||
9 | 10 | ||
10 | 9 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 4,468 | ||
2 | 2,447 | ||
3 | 1,942 | ||
4 | 1,579 | ||
5 | 1,486 | ||
6 | 1,371 | ||
7 | 1,288 | ||
8 | 1,272 | ||
9 | 947 | ||
10 | 832 |
Home offer insights for North Potomac
Recent offers
- Winning Offer|8 Weeks Ago~$1M Offer4 bd | 4 ba | ~2,750 sqftOver List Price2%Days on Market6Competing Offers0Down Payment—
- Offer Not Accepted|7 Weeks Ago~$800K OfferSold for $900K4 bd | 3.5 ba | ~2,500 sqftOver List Price0%Days on Market5Competing Offers17Down Payment~40%
- Offer Not Accepted|11 Weeks Ago~$800K OfferSold for $850K5 bd | 3.5 ba | ~2,000 sqftOver List Price0%Days on Market3Competing Offers4Down Payment~20%
- Offer Not Accepted|9 Weeks Ago~$850K OfferSold for $850K3 bd | 3.5 ba | ~2,000 sqftOver List Price8%Days on Market6Competing Offers5Down Payment~20%
View houses in North Potomac that sold recently
Recently sold homes
- $1,625,000 Last Sold Price4 beds4.5 baths6,708 sq ft13617 Cavanaugh Dr, Rockville, MD 20850(240) 497-1700List Price$1,475,000Sale to List10% over listDays on Market77 days13617 Cavanaugh Dr, Rockville, MD 20850
- $710,000 Last Sold Price3 beds3 baths2,172 sq ft12345 Sweetbough Ct, North Potomac, MD 20878(703) 533-8660List Price$649,500Sale to List9% over listDays on Market23 days12345 Sweetbough Ct, North Potomac, MD 20878
- $765,000 Last Sold Price4 beds3 baths1,606 sq ft11100 Rutledge Dr, North Potomac, MD 20878(844) 552-7444List Price$765,000Sale to List0% over listDays on Market-1 days11100 Rutledge Dr, North Potomac, MD 20878
- $600,000 Last Sold Price3 beds3 baths1,800 sq ft15524 Owens Glen Ter, North Potomac, MD 20878(240) 219-2422List Price$550,000Sale to List9% over listDays on Market21 days15524 Owens Glen Ter, North Potomac, MD 20878
- $1,400,000 Last Sold Price4 beds4 baths5,588 sq ft10216 Shining Willow Dr, Rockville, MD 20850(301) 304-8444List Price$1,295,000Sale to List8% over listDays on Market21 days10216 Shining Willow Dr, Rockville, MD 20850
- $425,000 Last Sold Price3 beds1.5 baths1,556 sq ft34 Native Dancer Ct, North Potomac, MD 20878(301) 652-0643List Price$394,999Sale to List8% over listDays on Market21 days34 Native Dancer Ct, North Potomac, MD 20878
- $1,080,000 Last Sold Price5 beds3.5 baths4,096 sq ft11516 Pleasant Meadow Dr, North Potomac, MD 20878(301) 921-4500List Price$989,000Sale to List9% over listDays on Market24 days11516 Pleasant Meadow Dr, North Potomac, MD 20878
- $925,000 Last Sold Price4 beds3.5 baths2,196 sq ft14609 Gallant Fox Ln, North Potomac, MD 20878(301) 216-3998List Price$885,000Sale to List5% over listDays on Market32 days14609 Gallant Fox Ln, North Potomac, MD 20878
See all recently sold homes in North Potomac.
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Schools in North Potomac
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Stone Mill Elementary School Public • PreK-5 | 521 Students | 13 reviews |
8/10 Travilah Elementary School Public • PreK-5 | 323 Students | 12 reviews |
8/10 Rachel Carson Elementary School Public • PreK-5 | 792 Students | 10 reviews |
5/10 Jones Lane Elementary School Public • PreK-5 | 402 Students | 9 reviews |
4/10 Dufief Elementary School Public • PreK-5 | 305 Students | 19 reviews |
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.
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Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in North Potomac
Walk Score®
Transit Score®
Bike Score®
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