North Potomac Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$621,800

  • -1.7% 1-year change
  • -3.4% 1-year forecast

The median home value in North Potomac is $621,800. North Potomac home values have declined -1.7% over the past year and Zillow predicts they will fall -3.4% within the next year. The median rent price in North Potomac is $2,495, which is higher than the Washington Metro median of $2,050.

Foreclosures will be a factor impacting home values in the next several years. In North Potomac 1.2 homes are foreclosed (per 10,000). This is lower than the Washington Metro value of 3.1 and also lower than the national value of 3.6

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Relative ZHVI
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North Potomac Market Overview

Data through Jul 31, 2015
  • $621,800 ZHVI
  • -3.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • $610,450 Median sale price (Jun 30, 2015)
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North Potomac Market Health

Data through Jul 31, 2015
  • 0.7/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

1(Jun 30, 2015) North Potomac
3 Washington Metro
4 United States
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Nearby Cities

Name Median ZHVI
Travilah $1,190,700
Great Falls $1,074,800
Potomac $827,900
Name Median ZHVI
Boyds $573,400
Derwood $450,200
Rockville $443,300
Name Median ZHVI
Gaithersburg $336,300
Germantown $278,200
Montgomery Village $236,000

Listings & Sales

Data through Jun 30, 2015
  • No recent data Median list price / sq ft
  • $276 Median sale price / sq ft
  • No data Listings with price cut
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North Potomac Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $2,793 North Potomac
    $2,109 Washington Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 6.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $2,495 Rent list price
  • $1.53 Rent list price / sq ft
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