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Sunday, October 26, 2025

Rising home prices in Potomac in the third quarter of 2021

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The median sale price of a home sold in the third quarter of 2021 in Potomac rose by $40,500 while total sales increased by 50%, according to BlockShopper.com.

From July through September of 2021, there were three homes sold, with a median sale price of $75,000 - a 117.4% increase over the $34,500 median sale price for the same period of the previous year. There were two homes sold in Potomac in the third quarter of 2020.

The median sales tax in Potomac for the most recent year with available data, 2019, was $1,359, approximately 1.8% of the median home sale price for the third quarter of 2021.

The following table compares Potomac to other Vermilion County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Westville181612.5%$92,750$67,05038.3%
Rankin62200%$81,450$47,00073.3%
Allerton21100%$80,000$84,900-5.8%
Oakwood47-42.9%$76,500$70,0009.3%
Fithian13-66.7%$75,000$75,0000%
Potomac3250%$75,000$34,500117.4%
Danville1661631.8%$73,500$52,00241.3%
Olivet52150%$65,000$68,442.50-5%
Tilton141216.7%$61,950$41,00051.1%
Hoopeston2829-3.4%$54,500$53,0002.8%
Georgetown141040%$45,000$63,000-28.6%

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