Home Values

Chevy Chase Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$978,500

  • 3.0% 1-year change
  • 0.4% 1-year forecast

The median home value in Chevy Chase is $978,500. Chevy Chase home values have gone up 3.0% over the past year and Zillow predicts they will rise 0.4% within the next year. The median rent price in Chevy Chase is $3,450, which is higher than the Washington Metro median of $1,950.

Foreclosures will be a factor impacting home values in the next several years. In Chevy Chase 1.7 homes are foreclosed (per 10,000). This is lower than the Washington Metro value of 3.3 and also lower than the national value of 3.8

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Relative ZHVI
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Chevy Chase Market Overview

Data through Jun 30, 2015
  • $978,500 ZHVI
  • 0.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jun 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Chevy Chase Market Health

Data through Jun 30, 2015
  • 5.5/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

2(Nov 30, 2014) Chevy Chase
3 Washington Metro
4 United States
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Nearby Cities

Name Median ZHVI
Chevy Chase Village $1,533,900
Somerset $1,299,800
Brookmont $933,900
Name Median ZHVI
Bethesda $781,000
South Kensington $665,700
Kensington $609,200
Name Median ZHVI
North Bethesda $405,700
North Kensington $391,100
Friendship Village $339,100

Listings & Sales

  • No data
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Chevy Chase Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $3,902 Chevy Chase
    $2,104 Washington Metro
    $1,369 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 10.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $3,450 Rent list price
  • $2.04 Rent list price / sq ft
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