The median value of housing in 20854 Potomac, MD is $1,099,000. This is significantly higher than the US House Median Value of $338,100. However, the rate of house appreciation in 20854 Potomac, MD over the past year has been 5.58%, which is lower than the US average of 8.27%. This suggests that while property values are high in this area, they may be stabilizing or even depreciating slightly.
The median home cost in Potomac (zip 20854) is $1,099,000. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Potomac (zip 20854) is up 11.3%.
Average Age of Homes
- The median age of Potomac (zip 20854) real estate is 40 years old
The Rental Market in Potomac (zip 20854)
- Renters make up 8.3% of the Potomac (zip 20854) population
- 0.0% of houses and apartments in Potomac (zip 20854), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.