Chevy Chase, MD

Full City Profile · Maryland · District of Columbia County

4.2 /5.0
A Great
2,884 Population 20,179/sq mi density
$250,001 Median Income $178,837 per capita
$1,678,700 Home Value $1,209,552 Zillow
$3,501 Median Rent 18.3% income on rent
56°F Avg Temperature
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.7 / 5.0
$250,001 median income, 4.1% unemployment
C+
Affordability
2.9 / 5.0
$1,678,700 home value, $3,501/mo rent
A+
Education
5.0 / 5.0
94.4% bachelor's degree or higher

Housing Overview

Median Home Value
$1,678,700
495% above
US avg: $281,900
Median Rent
$3,501/mo
201% above
US avg: $1,163/mo
Homeownership Rate
94.4%
44% above US avg (65.4%)
Total Housing Units
1,004
Median year built: 1938

Home Value by Source

Census Median
$1,678,700
Zillow (ZHVI)
$1,209,552
Redfin Median Sale
$1,142,500
Median Sale Price
$1,142,500
Median List Price
$1,295,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

94.4%
Owner-Occupied
5.6%
Renter-Occupied
94%
6%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent: $3,501/mo · Zillow rent: $2,542/mo

Market Indicators (Redfin)

Median Sale Price
$1,142,500
Median Days on Market
124 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
6.1%
of listings with price reduction
Price Per Sq Ft
$442
Active Inventory
33
homes for sale

Affordability & Housing Stock

Rent Burden
18.3%
of renters spending 30%+ of income on housing
41% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
94.4%

Complete Housing Data

Home Values

Census Median Value$1,678,700
Zillow Home Value (ZHVI)$1,209,552
Redfin Median Sale$1,142,500
Median Sale Price$1,142,500
Median List Price$1,295,000
Price Per Sq Ft$442

Rent

Census Median Rent$3,501
Zillow Rent (ZORI)$2,542
FMR Studio$1,312
FMR 1-Bedroom$1,400
FMR 2-Bedroom$1,648
FMR 3-Bedroom$2,123
FMR 4-Bedroom$2,442

Market

Days on Market124
Sale-to-List Ratio1.0%
Price Drops6.1%
Homes Sold8
Active Inventory33
Price Per Sq Ft$442

Ownership & Stock

Owner-Occupied94.4%
Renter-Occupied5.6%
Homeownership Rate94.4%
Total Housing Units1,004
Median Year Built1938
Rent Burden18.3%