20854, Potomac, MD

The 20854 zip code of Potomac, MD has a median home value of $269,000 and a median home equity of $106,000. This is higher than the Maryland median home value of $217,500 and the national median home equity of $142,700. The 20854 zip code also has a lower than average homeownership rate at 63%, which is lower than the Maryland homeownership rate of 66% and the national homeownership rate of 69%.

There are several factors that may contribute to these high home values in the 20854 zip code. First, Potomac is located in one of the wealthiest counties in Maryland with a median household income over $100,000. Second, there are relatively few homes for sale in this zip code which may lead to increased demand and higher prices. Finally, many residents in this zip code have invested in their homes through equity loans or other means which may give them more stability and security when selling or refinancing their homes.