From January through March of 2017, there were two homes sold, with a median sale price of $54,000 - a 60.5% increase over the $33,645 median sale price for the same period of the previous year. There were four homes sold in Potomac in the first quarter of 2016.
The median sales tax in Potomac for the most recent year with available data, 2016, was $1,201.80, approximately 2.2% of the median home sale price for the first quarter of 2017.
The following table compares Potomac to other Vermilion County cities with similar median sales prices in the first quarter of 2017:
| City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sidell | 1 | 2 | -50% | $129,350 | $45,000 | 187.4% |
| Fairmount | 2 | 3 | -33.3% | $68,250 | $45,000 | 51.7% |
| Fithian | 2 | 1 | 100% | $58,500 | $23,000 | 154.3% |
| Potomac | 2 | 4 | -50% | $54,000 | $33,645 | 60.5% |
| Catlin | 2 | 7 | -71.4% | $51,350 | $82,500 | -37.8% |
| Tilton | 5 | 7 | -28.6% | $50,000 | $53,000 | -5.7% |
| Rankin | 1 | 0 | - | $48,288.76 | $0 | - |
| Georgetown | 8 | 13 | -38.5% | $47,500 | $65,000 | -26.9% |
| Westville | 12 | 15 | -20% | $43,500 | $50,000 | -13% |
| Rossville | 8 | 4 | 100% | $43,500 | $59,900 | -27.4% |
| Olivet | 2 | 2 | 0% | $43,000 | $48,250 | -10.9% |
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