Similar to its nearby areas, it is significantly more expensive compared to the nation as a whole. It's somewhat more expensive even compared to the city of Washington.
Home prices
The median home cost in North Potomac is $672,900. This is approximately $8,580 (1%) higher compared to its nearby areas.In comparison to the United States as a whole it is approximately $455,400 (209%) higher, and is approximately $71,400 (11%) higher compared to the city of Washington.
Rents
The median rent in North Potomac is $2,129 a month. This is roughly $192 (9%) higher compared to its surrounding areas.It is about $1,067 (100%) higher in comparison to the rest of the country, and it is approximately $588 (38%) higher in comparison to the city of Washington.
Nearby places
Travilah
Travilah is North Potomac's neighbor to the south. Its real estate prices are a lot more expensive. The median home value in Travilah is $1,081,200, which is $408,300 (37%) higher than North Potomac. The rent there is significantly more expensive. Travilah's median rent is $3,174 a month, which comes out to $1,045 (32%) higher than North Potomac.
Gaithersburg
Gaithersburg is North Potomac's neighbor to the northeast. Its real estate prices are a lot less expensive. The price of the median home in Gaithersburg is $392,200, which comes out to $280,700 (71%) lower than North Potomac. Rents there are a bit less expensive. In Gaithersburg the median rent is $1,740 per month, which comes out to $389 (22%) lower than North Potomac.
Darnestown
Darnestown is North Potomac's neighbor to the west. Housing prices there are a little more expensive. The median home in Darnestown is valued at $744,500, which comes out to $71,600 (9%) higher than North Potomac. Rents there are a bit less expensive. In Darnestown the median rent is $1,688 a month, which is $441 (26%) lower than North Potomac.
Rockville
Rockville is North Potomac's neighbor to the east. The real estate prices there are somewhat less expensive. The price of the median home in Rockville is $540,000, which works out to $132,900 (24%) lower than North Potomac. Its rents are a little less expensive. In Rockville the median rent is $1,921 a month, which comes out to $208 (10%) lower than North Potomac.
Derwood
Derwood is approximately 4 miles east from North Potomac. Its housing prices are a bit less expensive. The median home in Derwood costs $563,700, which works out to $109,200 (19%) lower than North Potomac. Rent there is substantially less expensive. In Derwood the median rent is $1,160 per month, which comes out to $969 (83%) lower than North Potomac.