All Home Types
Potomac, MD Housing Market
What is the housing market like in Potomac today?
In October 2024, Potomac home prices were up 10.5% compared to last year, selling for a median price of $1.3M. On average, homes in Potomac sell after 18 days on the market compared to 18 days last year. There were 48 homes sold in October this year, up from 27 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,310,000
+10.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Potomac, MD
$1,310,000
+10.5%
United States
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Potomac Migration & Relocation Trends
In Aug '24 - Oct '24, 18% of Potomac homebuyers searched to move out of Potomac, while 82% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Potomac from outside metros.
- Philadelphia homebuyers searched to move into Potomac more than any other metro followed by New York and Hartford.
Where are people moving to Potomac from?
- 82% of Potomac homebuyers searched to stay within the Potomac metropolitan area.
- Salisbury was the most popular destination among Potomac homebuyers followed by Virginia Beach and Harrisburg.
Where are people from Potomac moving to?
Number of People Moving to Potomac
least
most
People are moving to Potomac from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 3,250 | ||
| 2 | 2,042 | ||
| 3 | 1,756 | ||
| 4 | 1,045 | ||
| 5 | 149 | ||
| 6 | 24 | ||
| 7 | 9 | ||
| 8 | 4 | ||
| 9 | 3 | ||
| 10 | 3 | ||
People are leaving Potomac for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 5,134 | ||
| 2 | 2,285 | ||
| 3 | 1,572 | ||
| 4 | 1,471 | ||
| 5 | 1,386 | ||
| 6 | 1,274 | ||
| 7 | 1,077 | ||
| 8 | 889 | ||
| 9 | 824 | ||
| 10 | 700 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Potomac.
Provided by First Street Foundation
Transportation in Potomac
Learn about the walkability, bikeability, and transit-friendliness of Potomac
Car-Dependent
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Somewhat Bikeable
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