Chevy Chase Home Prices & Values

$927,400 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5% 1-year change
  • -1.2% 1-year forecast

The median home value in Chevy Chase is $927,400. Chevy Chase home values have gone up 1.5% over the past year and Zillow predicts they will fall -1.2% within the next year. The median list price per square foot in Chevy Chase is $504, which is higher than the Washington Metro average of $207. The median price of homes currently listed in Chevy Chase is $1,179,000 while the median price of homes that sold is $938,100.

Foreclosures will be a factor impacting home values in the next several years. In Chevy Chase 2.3 homes are foreclosed (per 10,000). This is lower than the Washington Metro value of 2.5 and also lower than the national value of 4.3

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Relative ZHVI
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Chevy Chase Market Overview

Data through Aug 31, 2014
  • $927,400 ZHVI
  • -1.2% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $1,179,000 Median listing price
  • $938,100 Median sale price
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Chevy Chase Market Health

Data through Aug 31, 2014
  • 4.8/10 Stable What's This?  
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    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 (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

2.3 homes(Jul 31, 2014) Chevy Chase
2.5 homes Washington Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Chevy Chase Village $1,560,700 Somerset $1,387,800 Brookmont $956,600
Bethesda $802,400 South Kensington $682,700 Kensington $627,400
North Bethesda $414,000 North Kensington $397,300 Friendship Village $336,300

Listings & Sales

Data through Aug 31, 2014
  • $504 Median list price / sq ft
  • $460 Median sale price / sq ft
  • 57.1% Listings with price cut
5.2%
Sold below listing
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Chevy Chase Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$3,898 Chevy Chase
$2,083 Washington Metro
$1,328 United States
  • 6.2 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • No data Rent list price
  • $1.99 Rent list price / sq ft
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