Why Live in Chevy Chase
Chevy Chase, a census-designated place in Montgomery County, extends across the Maryland border into Washington, D.C., and is known for its luxurious residential streets and highly rated schools. The area is home to many of D.C.’s politicians, reporters, and lawyers, offering high-end single-family homes with spacious yards, unlike the rowhouses and smaller homes typically found in D.C. Some villages within Chevy Chase operate independently with their own tax authorities and police departments. The median price for single-family homes is significantly higher than the national median, with many properties selling in the millions. Friendship Heights, a mini-Manhattan, features high-rise condos, some of which are more affordable. Commuters can drive approximately 7 miles south on Connecticut Avenue to reach Washington or take the Metro from the nearby Friendship Heights station. The Montgomery County Schools district, serving most of Chevy Chase, is highly rated, as is the District of Columbia Public Schools district on the Washington side. Local features include the Chevy Chase Club and the Columbia Country Club, both established in the late 1800s, and Meadowbrook Local Park, which offers athletic fields and a trail leading to Rock Creek Park. Chevy Chase Lake recently added an Amazon Fresh grocery store, and most shopping and dining options are found in Bethesda or Friendship Heights. The Montgomery County Police Department’s 2nd District reports a crime rate comparable to the national average. The Women’s Club of Chevy Chase, active since 1913, organizes events to support scholarships and charitable causes, including the annual Community Art Show and Sale.
Home Trends in Chevy Chase, MD
On average, homes in Chevy Chase, MD sell after 41 days on the market compared to the national average of 50 days. The median sale price for homes in Chevy Chase, MD over the last 12 months is $1,277,500, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$1,277,500
Median Single Family Sale Price
$1,689,900
Median Townhouse Sale Price
$989,000
Median 2 Bedroom Sale Price
$640,000
Median 1 Bedroom Sale Price
$303,000
Average Price Per Sq Ft
$496
Number of Homes for Sale
91
Last 12 months Home Sales
312
Median List Price
$1,200,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%