Potomac Heights October First-Time Homebuyer Report

Potomac Heights is older than the rest of Maryland, with a median age of 37. It's much less affluent than average as well, with a median income of $46,972 per household. Condos and townhouses account for 33% of the area's current housing market. Heading the list of top schools in the city is Matthew Henson Middle School.

Price Range

Homes in Potomac Heights are generally less expensive than others in the state with a median home value of $104,000 and an average list price of $34,299.

Typical Dwelling

A two-bedroom townhouse valued around $18,512 is considered a typical dwelling in Potomac Heights. If a buyer was looking for a similar home, they would need good credit and a $3,702 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $115 and the property tax rate is $10.17 per $1,000 of taxable assessed value.

Get started right now by checking out Potomac Heights homes for sale or reviewing Potomac Heights real estate trends.


Data reported through 10/13/2016

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RE/MAX United Real Estate
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Exit Landmark Realty
Snapped 1 home in this area
Snapped 1 home in this area

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