What is the median home value in Chevy Chase View, MD?
The median value of owner-occupied homes in Chevy Chase View, MD is $1,414,600 (±$241,441), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Chevy Chase View, the median home value went from $973,200 in 2015–2019 to $1,414,600 in 2020–2024 (+45.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $1,414,600 (±$241,441)
- Owner-occupied homes
- 322 (±62)
- Most common range
- $1,000,000 or more
Home values in Chevy Chase View
| Value | Chevy Chase View | Montgomery County | Maryland | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.3% (±1.4 points) | 1.3% | 3.0% | 5.3% |
| $50,000 to $99,999 | 0.0% (±12.3 points) | 0.7% | 2.0% | 6.1% |
| $100,000 to $149,999 | 0.9% (±1.4 points) | 0.9% | 2.7% | 6.8% |
| $150,000 to $199,999 | 0.3% (±0.7 points) | 1.6% | 4.8% | 9.0% |
| $200,000 to $299,999 | 0.0% (±12.3 points) | 5.8% | 14.8% | 17.8% |
| $300,000 to $499,999 | 0.0% (±12.3 points) | 23.2% | 37.1% | 26.9% |
| $500,000 to $999,999 | 18.6% (±7.8 points) | 47.6% | 29.7% | 20.9% |
| $1,000,000 or more | 79.8% (±8.2 points) | 18.8% | 6.0% | 7.1% |
The most common range is $1,000,000 or more, 79.8% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Chevy Chase View against Montgomery County, its state and the nation
| Chevy Chase View | Montgomery County | Maryland | United States | |
|---|---|---|---|---|
| Median home value | $1,414,600 (±$241,441) | $640,300 (±$5,098) | $419,900 (±$1,385) | $332,700 |
| Owner-occupied homes | 322 (±62) | 254,139 (±2,460) | 1,597,565 (±8,362) | 84,210,142 |
In Chevy Chase View, the median home value is higher than in Montgomery County ($640,300).
It is also higher than in Maryland ($419,900).
It is higher than the national figure ($332,700).
In Montgomery County, Chevy Chase View ranks 7 of 59 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 7 of 381.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Chevy Chase View have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $973,200 (±$45,813) | $1,414,600 (±$241,441) | +45.4% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Chevy Chase View
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Chevy Chase View | — | $1,414,600 (±$241,441) | — |
| Kensington | 0.7 mi | $943,500 (±$48,966) | Lower |
| South Kensington | 0.8 mi | $919,800 (±$37,414) | Lower |
| North Chevy Chase | 1.2 mi | $1,212,500 (±$66,937) | Not measurably different |
| Garrett Park | 1.3 mi | $1,005,700 (±$59,270) | Lower |
| North Kensington | 1.5 mi | $576,700 (±$25,680) | Lower |
| Chevy Chase (community) | 1.9 mi | $1,245,000 (±$57,086) | Not measurably different |
| Forest Glen | 1.9 mi | $606,100 (±$26,368) | Lower |
| Wheaton | 2.4 mi | $501,200 (±$17,171) | Lower |
Nearby places with a measurably lower figure: Kensington, MD ($943,500), South Kensington, MD ($919,800), Garrett Park, MD ($1,005,700).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Montgomery County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Chevy Chase Village | $2,000,000 or more |
| 2 | Somerset | $1,775,000 (±$129,189) |
| 3 | Chevy Chase | $1,670,600 (±$84,779) |
| 4 | Chevy Chase Section Five | $1,643,100 (±$114,391) |
| 5 | Chevy Chase Section Three | $1,605,600 (±$80,710) |
| 6 | Martin's Additions | $1,535,200 (±$94,452) |
| 7 | Chevy Chase View | $1,414,600 (±$241,441) |
| 8 | Brookmont | $1,361,100 (±$264,205) |
| 9 | Travilah | $1,325,100 (±$111,289) |
| 10 | Cabin John | $1,312,900 (±$171,340) |
| 11 | Chevy Chase (community) | $1,245,000 (±$57,086) |
| 12 | North Chevy Chase | $1,212,500 (±$66,937) |
| 13 | Bethesda | $1,169,900 (±$23,157) |
Showing 13 of 59 places in Montgomery County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Chevy Chase View
What is the average home value in Chevy Chase View, MD?
The Census Bureau publishes the median: $1,414,600 (±$241,441) for owner-occupied homes in Chevy Chase View (2020–2024 American Community Survey).
Have home values in Chevy Chase View gone up?
In Chevy Chase View, the median home value went from $973,200 in 2015–2019 to $1,414,600 in 2020–2024 (+45.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Chevy Chase View sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Chevy Chase View town, Maryland
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Chevy Chase View town, Maryland
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Chevy Chase View town, Maryland
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Chevy Chase View town, Maryland
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Chevy Chase View town, Maryland (place:16775, in state:24).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Chevy Chase View at a glance
- Income and affordability in Chevy Chase View
- Homeowner costs in Chevy Chase View
- Property taxes in Chevy Chase View
- Types of homes in Chevy Chase View
- Age of homes in Chevy Chase View
- Heating fuel in Chevy Chase View
- Commute and cars in Chevy Chase View
- Population growth in Chevy Chase View
- How long people stay in Chevy Chase View
- Maryland landlord and tenant rules
- Housing across Montgomery County
- Maryland places ranked by median home value
- Housing data for every place in Maryland