Chevy Chase, MD Home Values & Market Trends

Real estate market trends reflect that there have been 381 transactions over the past year in Chevy Chase. The median value for residential home transactions that occurred over the previous year is $1,287,240.38. The number of current listings in Chevy Chase is 71, and the percentage of properties for sale in the city is 71.00%. Chevy Chase, MD currently has 2 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 71 properties for sale.

Chevy Chase, MD Real Estate Market Overview

ZipMedian Est. Value
20815

$ 1,048,345

$ 485/sqft

Housing Market Summary for Chevy Chase, MD

Apr 2023March 2024Change
Median Listing Price$1.1M$1M-8.94%
Median Sold Price$1.4M$1M-24.58%
Homes For Sale576514.04%
Homes Sold307234-23.78%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Chevy Chase, MD

Chevy Chase home values range from $105,381 to $14,360,772. The median estimated value of a home in Chevy Chase is $1,287,240.38. The median list price of a home is 949,000, and the total count of properties in the city is 10,022.

Foreclosure
There is 1 zips within Chevy Chase, MD; within this zips, the median estimated home value for homes in foreclosure ranges from $1,133,373 in 20815 to the lowest value of $760,426 in 20815. Foreclosure homes account for 0.00% of properties in Chevy Chase, MD with 20815 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.01% of all residential properties in Chevy Chase, MD with 20815 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Chevy Chase, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $760,426 in 20815 to the lowest home value of $760,426 in 20815.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Chevy Chase, MD ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Chevy Chase, MD. There is 1 zips within Chevy Chase, MD; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    20815 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Chevy Chase, MD. Auction homes and other auction properties account for 0.01% of all properties in Chevy Chase, MD. There is 1 zips within Chevy Chase, MD; of that zips, the median estimated home value for homes going to auction ranges from $1,133,373 in 20815 to the lowest value of $1,133,373 in 20815.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.71% of residential properties in Chevy Chase, MD with 20815 containing 73 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Chevy Chase, MD; homes for sale in that zips, have a range of median values from $5,200,000 in 20815 to the lowest value of $199,999 in 20815.
    Sold Homes
    The median value for recently sold homes ranges from $5,200,000 in 20815 to the lowest price of $182,746 in 20815. There is 1 zips within Chevy Chase, MD. 20815 has 252 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.43% of properties in Chevy Chase, MD.

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      Guide for Chevy Chase, MD

      Market Reports
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Market Reports|posted 12 March 2024

      Baltimore’s real estate market showcases significant growth with increasing property values and sale prices, indicating robust demand and investor confidence.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      Recently Listed Homes Chevy Chase, MD

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