Is Potomac, MD 20854 a buyer’s or seller’s market?

The Potomac housing market right now

In the three months ending August 31, 2026, 39% of homes in Potomac, MD 20854 sold above their list price, the typical home went under contract in 34 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 156 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (38% then), homes sold more slowly (32 days then) and the median sale price fell 4% to $1,199,481. Overall, Potomac is about as competitive as it was a year ago.

Within Montgomery County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in 73%. On our competition score, Potomac ranks #76 of 241 MD ZIP codes with enough sales (score 73 out of 100).

Nearby, buyers who want less competition could look at Garrett Park 20896 (0% sold over asking) or Washington Grove 20880 (0% sold over asking), while Silver Spring 20905 (74% sold over asking) and Boyds 20841 (51% sold over asking) are even more competitive.