Potomac, Illinois, is a quaint village in Vermilion County with a population of approximately 750 as of the 2020 census. Nestled in a rural setting, it exudes small-town charm with its quiet streets and close-knit community atmosphere. The village is surrounded by expansive farmland, reflecting its agricultural roots, and offers a serene escape from city life. Potomac hosts community events like the annual Potomac Homecoming, fostering local pride and togetherness. With its historic grain elevator and proximity to Middle Fork River Forest Preserve, Potomac provides a blend of heritage and natural beauty, making it a quintessential slice of Midwestern life.
Potomac currently has 2 single family homes for sale with an average list price of $66,850 and 1 lot for sale with a list price of $82,500. The average annual property tax for Potomac is $2,743.75.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Potomac, i.e. what's hot and what's not.
See What's Hot & What's Not in PotomacPotomac home sales for the month of August stayed the same in volume when compared to last year, while the median sale price stayed the same.
6
|
4
|
1
|
7
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$135,000
|
$122,000
|
$145,000
|
$132,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |