What is the median home value in Chevy Chase Village, MD?

The median value of owner-occupied homes in Chevy Chase Village, MD is $2,000,000 or more, as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

Figures last updated on .

Median home value
$2,000,000 or more
Owner-occupied homes
653 (±78)
Most common range
$1,000,000 or more

Home values in Chevy Chase Village

Owner-occupied homes by value, 2020–2024
ValueChevy Chase VillageMontgomery CountyMarylandUnited States
Less than $50,0000.0% (±6.3 points)1.3%3.0%5.3%
$50,000 to $99,9990.0% (±6.3 points)0.7%2.0%6.1%
$100,000 to $149,9990.0% (±6.3 points)0.9%2.7%6.8%
$150,000 to $199,9990.8% (±0.8 points)1.6%4.8%9.0%
$200,000 to $299,9990.3% (±0.6 points)5.8%14.8%17.8%
$300,000 to $499,9990.5% (±0.6 points)23.2%37.1%26.9%
$500,000 to $999,9990.3% (±0.6 points)47.6%29.7%20.9%
$1,000,000 or more98.2% (±1.3 points)18.8%6.0%7.1%

The most common range is $1,000,000 or more, 98.2% 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 Village against Montgomery County, its state and the nation

Estimate (90% margin of error)
Chevy Chase VillageMontgomery CountyMarylandUnited States
Median home value$2,000,000 or more$640,300 (±$5,098)$419,900 (±$1,385)$332,700
Owner-occupied homes653 (±78)254,139 (±2,460)1,597,565 (±8,362)84,210,142

In Montgomery County, Chevy Chase Village ranks 1 of 59 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 1 of 381.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Median home value in places near Chevy Chase Village

Nearest places with a published estimate, compared with Chevy Chase Village
PlaceDistanceMedian home valueCompared with this place
Chevy Chase Village—$2,000,000 or more—
Chevy Chase Section Three0.7 mi$1,605,600 (±$80,710)—
Friendship Heights Village0.7 mi$484,300 (±$68,752)—
Chevy Chase0.9 mi$1,670,600 (±$84,779)—
Martin's Additions0.9 mi$1,535,200 (±$94,452)—
Somerset0.9 mi$1,775,000 (±$129,189)—
Chevy Chase Section Five1.0 mi$1,643,100 (±$114,391)—
Chevy Chase (community)1.6 mi$1,245,000 (±$57,086)—
North Chevy Chase2.3 mi$1,212,500 (±$66,937)—

None of the nearby places differs measurably from this one on this figure.

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

RankPlaceMedian home value
1Chevy Chase Village$2,000,000 or more
2Somerset$1,775,000 (±$129,189)
3Chevy Chase$1,670,600 (±$84,779)
4Chevy Chase Section Five$1,643,100 (±$114,391)
5Chevy Chase Section Three$1,605,600 (±$80,710)
6Martin's Additions$1,535,200 (±$94,452)
7Chevy Chase View$1,414,600 (±$241,441)

Showing 7 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 Village

What is the average home value in Chevy Chase Village, MD?

The Census Bureau publishes the median: $2,000,000 or more for owner-occupied homes in Chevy Chase Village (2020–2024 American Community Survey).

Is this what homes in Chevy Chase Village 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

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 Village town, Maryland (place:16787, 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.

Request a Census API 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 .

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