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Chevy Chase, MD

Full City Profile · Maryland · District of Columbia County

4.0 /5.0
A Great
9,484 Population 20,179/sq mi density
$213,764 Median Income $127,502 per capita
$1,193,000 Home Value $1,216,118 Zillow
$3,264 Median Rent 18.3% income on rent
56°F Avg Temperature 293 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$213,764 median income, 1.7% unemployment
B+
Affordability
3.5 / 5.0
$1,193,000 home value, $3,264/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
84.8% bachelor's degree or higher

Housing Overview

Median Home Value
$1,193,000
323% above
US avg: $281,900
Median Rent
$3,264/mo
181% above
US avg: $1,163/mo
Homeownership Rate
75.6%
16% above US avg (65.4%)
Total Housing Units
1,004
Median year built: 1938

Home Value by Source

Census Median
$1,193,000
Zillow (ZHVI)
$1,216,118
Median Sale Price
$1,142,500
Median List Price
$1,295,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.6%
Owner-Occupied
24.4%
Renter-Occupied
76%
24%
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: $3,264/mo · Zillow rent: $2,542/mo

Market Indicators (Redfin)

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
75.6%

Complete Housing Data

Home Values

Census Median Value$1,193,000
Zillow Home Value (ZHVI)$1,216,118
Median Sale Price$1,142,500
Median List Price$1,295,000
Price Per Sq Ft$442

Rent

Census Median Rent$3,264
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-Occupied75.6%
Renter-Occupied24.4%
Homeownership Rate75.6%
Total Housing Units1,004
Median Year Built1938
Rent Burden18.3%