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Sarah Mitchell

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Compass Real Estate · Potomac Mills, VA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Potomac Mills, VA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Potomac Mills, VA Housing Market

Strong seller's market-14.0% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $443,000, -14.0% year over year (through May 2026). With 0.7 months of supply and homes going under contract in about 22 days, Potomac Mills is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $443,000 home is about $2,365/mo in principal and interest.

Key numbers for Potomac Mills, VA

Median sale price

$443,000

-14.0% year over year

Redfin, through May 2026

Days on market

22

Average pace

Redfin, through May 2026

Active listings

5

0.7 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$102,464

Home costs 4.3x income

U.S. Census ACS, 2023

Sale-to-list ratio

100.7%

Selling above asking

Redfin, through May 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Potomac Mills a buyer's or seller's market?

Strong seller's market0.7 months of supply22 days on market100.7% of asking

Potomac Mills, VA is a strong seller's market, based on 0.7 months of supply and homes selling in about 22 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Potomac Mills housing market data show?

Every row below is Redfin's final published month for Potomac Mills, VA. Redfin, through May 2026

Housing market statistics for Potomac Mills, VA, Redfin through May 2026
MetricValue
Median sale price$443,000
Median list price$759,950
Year-over-year price change-14.0%
Median price per sq ft$247/sq ft
Median days on market22 days
Active inventory5 listings
Months of supply0.7 months
Sale-to-list price ratio100.7%
Homes sold (that month)7
New listings (that month)4
Listings with a price cut40.0%
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Potomac Mills is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Potomac Mills is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Potomac Mills home prices moved?

Over the last three years the median sale price in Potomac Mills, VA rose 10.8%, from $400,000 to $443,000. 40.0% of Potomac Mills listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 0.7 months while the sale-to-list ratio slips below its current 100.7%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Potomac Mills?

Priced off the median sale price of $443,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Potomac Mills, VA
Down paymentCash at closeLoan amountMonthly P&I
20%$88,600$354,400$2,365/mo
5%$22,150$420,850$2,808/mo

Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,365, that implies roughly $101,356 a year before you add taxes and insurance. The median household in Potomac Mills earns $102,464, about $1,108 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.3x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Potomac Mills in the next 12 months?

Tell us your timeline. We send the Potomac Mills market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Potomac Mills?

Zillow does not publish a rent index (ZORI) for Potomac Mills, VA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Potomac Mills?

Active listings in Potomac Mills, VA went from 2 in February 2025 to 5 in May 2026, a +150.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Potomac Mills, VA
MonthActive listingsNew listings
March 202547
April 202543
May 202547
June 202521
September 202583
October 202554
November 202552
December 202541
January 202622
March 202626
April 202678
May 202654

Redfin, through May 2026

How does Potomac Mills compare to Virginia and the U.S.?

Potomac Mills homes sell for $443,000 — 11% below the Virginia median of $499,300. Against the national median of $410,700, Potomac Mills runs 8% higher. Year-over-year, Potomac Mills moved -14.0% against Virginia's +3.9% — a bigger swing than the state as a whole.

Potomac Mills, VA compared with Virginia and the United States
MarketMedian sale priceYoYDays on market
Potomac Mills, VA$443,000-14.0%22 days
Virginia statewide$499,300+3.9%28 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Potomac Mills

What buyers should watch

  • Months of supply, currently 0.7. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 40.0%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $443 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $443,000 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Potomac Mills listing goes under contract in 22 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 100.7% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Potomac Mills added 4 new listings against 7 sales — more clearing than arriving, which is the better window to list.
  • Comparable ZIP-level pricing inside Potomac Mills varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Potomac Mills

There are currently 5 homes listed for sale in Potomac Mills, Virginia. The median listing price is $760K.

Active listings

5

Homes on market

Median list price

$760K

Avg. days on market

22

Days until sale

New this week

4

Newly listed

Price drops:40.0%of listings
Sale-to-list:100.7%

How much do homes cost in Potomac Mills by property type?

How the Potomac Mills, VA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Potomac Mills, VA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$745,000$207/sq ft321 days
Townhouse$436,000$248/sq ft436 days

Who lives in Potomac Mills?

American Community Survey estimates for Potomac Mills. U.S. Census ACS, 2023

Population

6,122

Households

1,827

Median income

$102,464/yr

Median age

37.3 years

Owner-occupied

73.3%

Median home value

$553,200

Median gross rent

$2,025/mo

Mean commute

29.9 min

73.3% of occupied homes in Potomac Mills are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which cities are near Potomac Mills, VA?

Ordered by distance from Potomac Mills, not by size. Compare Potomac Mills side by side with any of them.

Potomac Mills housing market FAQ

Is Potomac Mills a buyer's or seller's market?

Potomac Mills, VA is currently a strong seller's market. That read comes from 0.7 months of supply, homes going under contract in about 22 days, and sellers getting 100.7% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Potomac Mills?

The median sale price in the last month Redfin published was $443,000, about $247 per square foot.

Is Potomac Mills cheaper than the rest of Virginia?

Potomac Mills's median sale price of $443,000 is 11% lower than the Virginia statewide median of $499,300, and 8% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Potomac Mills?

Homes in Potomac Mills, VA spent a median of 22 days on market before going under contract, versus 28 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Potomac Mills?

At the current 30-year fixed rate of 7.03%, 20% down on a $443,000 home is about $2,365 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $101,356 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $102,464.

Are home prices rising in Potomac Mills?

Redfin's last published year-over-year change for Potomac Mills, VA was -14.0%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in Potomac Mills?

Potomac Mills ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Potomac Mills?

That depends on your timeline, not on a headline. What the data says today: Potomac Mills, VA is a strong seller's market with 0.7 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $443,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.