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Featured local agent — Chevy Chase, MD
Sarah Mitchell
Compass Real Estate · Chevy Chase, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Chevy Chase, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.58Mmedian sale price
How is the Chevy Chase, MD housing market right now?
The median home sale price in Chevy Chase, MD is $1.58M, up 9.8% year-over-year. Homes sell in an average of 6 days with 13 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Chevy Chase a buyer's or seller's market?
Chevy Chase, MD is currently a strong seller's market, based on 2.6 months of supply and homes selling in about 6 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
6
Fast-moving
Active listings
13
2.6 months supply
Sale-to-list
103.5%
Above asking
What does the Chevy Chase housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.58M |
| Median list price | $2.35M |
| Year-over-year price change | +9.8% |
| Average days on market | 6 days |
| Active inventory | 13 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 103.5% |
| Median price per sq ft | $682/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 9 |
| Listings with a price cut | 23.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Chevy Chase by property type?
How the Chevy Chase, MD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.58M | $682/sq ft | 5 | 6 days |
| Condo / Co-op | $872,500 | $695/sq ft | 2 | 60 days |
| Townhouse | $1.25M | $463/sq ft | 1 | 15 days |
Source: Redfin · Updated monthly
The Chevy Chase housing market is currently classified as a strong seller's market with a median sale price of $1.58M. Prices have risen 9.8% compared to last year, with homes spending an average of 6 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.9x provides context for how home values compare to local earning capacity.
Homes for sale in Chevy Chase
There are currently 13 homes listed for sale in Chevy Chase, Maryland. The median listing price is $2.4M.
Active listings
13
Homes on market
Median list price
$2.4M
Avg. days on market
6
Days until sale
New this week
9
Newly listed
Who lives in Chevy Chase?
Population
9,484
Median income
$213,764/yr
Median age
50.7 years
Owner-occupied
75.6%
College grads
84.8%
Avg commute
28.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Chevy Chase?
Zillow home value
$1.27M
Zillow rent index
$2,788/mo
Price-to-rent ratio
37.9x
Price-to-income
5.9x
Source: Zillow Research
What is it like to live in Chevy Chase?
Chevy Chase is a community of approximately 9K residents with a median age of 50.7 years.The median household income is $213,764, which reflects a relatively affluent area with strong earning potential. 84.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 75.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Chevy Chase offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Chevy Chase?
4 schools tracked · 1,642 students
The largest public schools serving Chevy Chase, MD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Rock Creek Forest Elementary
Grades PK-5 · 669 students
Chevy Chase Elementary
Grades 3-5 · 427 students
Somerset Elementary
Grades K-5 · 303 students
North Chevy Chase Elementary
Grades 3-5 · 243 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Chevy Chase, MD?
Want a head-to-head view? Compare Chevy Chase side-by-side with any other U.S. city using our market-comparison tool.
Is Chevy Chase a good real estate investment market?
For investors evaluating Chevy Chase, the price-to-rent ratio of 37.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 9.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Chevy Chase's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Chevy Chase's median home price.
Frequently asked questions
What is the average home price in Chevy Chase?
The median home sale price in Chevy Chase is $1.58M, up 9.8% from last year.
How long do homes stay on market in Chevy Chase?
Homes typically spend 6 days on market before going under contract.
What is the median income in Chevy Chase?
The median household income is $213,764 per year.
Is Chevy Chase a buyer's or seller's market?
With 2.6 months of supply, Chevy Chase is currently a strong seller's market.
What is the Zillow home value estimate for Chevy Chase?
The Zillow Home Value Index (ZHVI) for Chevy Chase is $1.27M, representing the typical home value in the area.
What is the median condo price in Chevy Chase?
The median condo/co-op sale price in Chevy Chase, MD is $872,500, compared to $1.58M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Chevy Chase?
The median single-family home price in Chevy Chase, MD is $1.58M (about $682 per square foot).
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