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Featured local agent — Chevy Chase Section Three, MD
Sarah Mitchell
Compass Real Estate · Chevy Chase Section Three, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Chevy Chase Section Three, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.23Mmedian sale price
How is the Chevy Chase Section Three, MD housing market right now?
The median home sale price in Chevy Chase Section Three, MD is $1.23M, down 28.7% year-over-year. Homes sell in an average of 34 days. The market is currently a balanced 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 Section Three a buyer's or seller's market?
Chevy Chase Section Three, MD is currently a balanced market and homes selling in about 34 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
34
Average pace
Active listings
—
Sale-to-list
102.5%
Above asking
What does the Chevy Chase Section Three housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.23M |
| Year-over-year price change | -28.7% |
| Average days on market | 34 days |
| Sale-to-list price ratio | 102.5% |
| Median price per sq ft | $629/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Chevy Chase Section Three by property type?
How the Chevy Chase Section Three, 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 | $1.23M | $629/sq ft | 2 | 34 days |
Source: Redfin · Updated monthly
The Chevy Chase Section Three housing market is currently classified as a balanced market with a median sale price of $1.23M. Prices have fallen 28.7% compared to last year, with homes spending an average of 34 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Chevy Chase Section Three
Explore homes currently listed for sale in Chevy Chase Section Three, Maryland across major real estate platforms.
Who lives in Chevy Chase Section Three?
Population
985
Median income
$250,001/yr
Median age
41.5 years
Owner-occupied
96.0%
College grads
94.4%
Avg commute
30.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Chevy Chase Section Three?
Chevy Chase Section Three is a community of approximately 1K residents with a median age of 41.5 years.The median household income is $250,001, which reflects a relatively affluent area with strong earning potential. 94.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 96.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Chevy Chase Section Three offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Chevy Chase Section Three, MD?
Want a head-to-head view? Compare Chevy Chase Section Three side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Chevy Chase Section Three?
The median home sale price in Chevy Chase Section Three is $1.23M, down 28.7% from last year.
How long do homes stay on market in Chevy Chase Section Three?
Homes typically spend 34 days on market before going under contract.
What is the median income in Chevy Chase Section Three?
The median household income is $250,001 per year.
How much does a single-family home cost in Chevy Chase Section Three?
The median single-family home price in Chevy Chase Section Three, MD is $1.23M (about $629 per square foot).
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