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
| Value | Chevy Chase Village | Montgomery County | Maryland | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.0% (±6.3 points) | 1.3% | 3.0% | 5.3% |
| $50,000 to $99,999 | 0.0% (±6.3 points) | 0.7% | 2.0% | 6.1% |
| $100,000 to $149,999 | 0.0% (±6.3 points) | 0.9% | 2.7% | 6.8% |
| $150,000 to $199,999 | 0.8% (±0.8 points) | 1.6% | 4.8% | 9.0% |
| $200,000 to $299,999 | 0.3% (±0.6 points) | 5.8% | 14.8% | 17.8% |
| $300,000 to $499,999 | 0.5% (±0.6 points) | 23.2% | 37.1% | 26.9% |
| $500,000 to $999,999 | 0.3% (±0.6 points) | 47.6% | 29.7% | 20.9% |
| $1,000,000 or more | 98.2% (±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
| Chevy Chase Village | Montgomery County | Maryland | United States | |
|---|---|---|---|---|
| Median home value | $2,000,000 or more | $640,300 (±$5,098) | $419,900 (±$1,385) | $332,700 |
| Owner-occupied homes | 653 (±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
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Chevy Chase Village | — | $2,000,000 or more | — |
| Chevy Chase Section Three | 0.7 mi | $1,605,600 (±$80,710) | — |
| Friendship Heights Village | 0.7 mi | $484,300 (±$68,752) | — |
| Chevy Chase | 0.9 mi | $1,670,600 (±$84,779) | — |
| Martin's Additions | 0.9 mi | $1,535,200 (±$94,452) | — |
| Somerset | 0.9 mi | $1,775,000 (±$129,189) | — |
| Chevy Chase Section Five | 1.0 mi | $1,643,100 (±$114,391) | — |
| Chevy Chase (community) | 1.6 mi | $1,245,000 (±$57,086) | — |
| North Chevy Chase | 2.3 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
| 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) |
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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Chevy Chase Village town, Maryland
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Chevy Chase Village town, Maryland
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Chevy Chase Village town, Maryland
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Chevy Chase Village 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 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.
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 Village at a glance
- Renters and owners in Chevy Chase Village
- Income and affordability in Chevy Chase Village
- Homeowner costs in Chevy Chase Village
- Property taxes in Chevy Chase Village
- Types of homes in Chevy Chase Village
- Age of homes in Chevy Chase Village
- Heating fuel in Chevy Chase Village
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- Crime reported to police in Chevy Chase Village
- Population growth in Chevy Chase Village
- How long people stay in Chevy Chase Village
- Maryland landlord and tenant rules
- Housing across Montgomery County
- Maryland places ranked by median home value
- Housing data for every place in Maryland