What is the median home value in Friendship Heights Village, MD?
The median value of owner-occupied homes in Friendship Heights Village, MD is $484,300 (±$68,752), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Friendship Heights Village, the median home value went from $441,300 in 2015–2019 to $484,300 in 2020–2024 (+9.7%).
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
- $484,300 (±$68,752)
- Owner-occupied homes
- 995 (±195)
- Most common range
- $500,000 to $999,999
Home values in Friendship Heights Village
| Value | Friendship Heights Village | Montgomery County | Maryland | United States |
|---|---|---|---|---|
| Less than $50,000 | 2.7% (±3.4 points) | 1.3% | 3.0% | 5.3% |
| $50,000 to $99,999 | 0.0% (±4.2 points) | 0.7% | 2.0% | 6.1% |
| $100,000 to $149,999 | 0.0% (±4.2 points) | 0.9% | 2.7% | 6.8% |
| $150,000 to $199,999 | 6.1% (±6.2 points) | 1.6% | 4.8% | 9.0% |
| $200,000 to $299,999 | 6.8% (±4.5 points) | 5.8% | 14.8% | 17.8% |
| $300,000 to $499,999 | 37.4% (±13.8 points) | 23.2% | 37.1% | 26.9% |
| $500,000 to $999,999 | 39.6% (±12.9 points) | 47.6% | 29.7% | 20.9% |
| $1,000,000 or more | 7.3% (±5.8 points) | 18.8% | 6.0% | 7.1% |
The most common range is $500,000 to $999,999, 39.6% 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.
Friendship Heights Village against Montgomery County, its state and the nation
| Friendship Heights Village | Montgomery County | Maryland | United States | |
|---|---|---|---|---|
| Median home value | $484,300 (±$68,752) | $640,300 (±$5,098) | $419,900 (±$1,385) | $332,700 |
| Owner-occupied homes | 995 (±195) | 254,139 (±2,460) | 1,597,565 (±8,362) | 84,210,142 |
In Friendship Heights Village, the median home value is lower than in Montgomery County ($640,300).
It is not measurably different from Maryland ($419,900).
It is higher than the national figure ($332,700).
In Montgomery County, Friendship Heights Village ranks 53 of 59 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 117 of 381.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Friendship Heights Village have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $441,300 (±$44,287) | $484,300 (±$68,752) | +9.7% | No measurable change after inflation |
| Median owner cost with a mortgage | $3,089 (±$271) | $3,342 (±$309) | +8.2% | No measurable change after inflation |
| Median real estate taxes | $3,852 (±$446) | $4,847 (±$964) | +25.8% | 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 Friendship Heights Village
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Friendship Heights Village | — | $484,300 (±$68,752) | — |
| Somerset | 0.4 mi | $1,775,000 (±$129,189) | Higher |
| Chevy Chase Village | 0.7 mi | $2,000,000 or more | — |
| Chevy Chase | 1.3 mi | $1,670,600 (±$84,779) | Higher |
| Chevy Chase Section Three | 1.4 mi | $1,605,600 (±$80,710) | Higher |
| Martin's Additions | 1.6 mi | $1,535,200 (±$94,452) | Higher |
| Chevy Chase Section Five | 1.7 mi | $1,643,100 (±$114,391) | Higher |
| Chevy Chase (community) | 2.2 mi | $1,245,000 (±$57,086) | Higher |
| Brookmont | 2.2 mi | $1,361,100 (±$264,205) | Higher |
Nearby places with a measurably higher figure: Somerset, MD ($1,775,000), Chevy Chase, MD ($1,670,600), Chevy Chase Section Three, MD ($1,605,600).
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 |
|---|---|---|
| 47 | Damascus | $528,400 (±$30,858) |
| 48 | Hillandale | $520,300 (±$46,245) |
| 49 | Ten Mile Creek | $503,300 (±$212,495) |
| 50 | Wheaton | $501,200 (±$17,171) |
| 51 | Gaithersburg | $496,500 (±$17,174) |
| 52 | Burtonsville | $488,800 (±$29,945) |
| 53 | Friendship Heights Village | $484,300 (±$68,752) |
| 54 | Fairland | $477,300 (±$53,920) |
| 55 | Calverton | $477,100 (±$16,710) |
| 56 | Flower Hill | $463,500 (±$20,679) |
| 57 | Germantown | $422,400 (±$13,009) |
| 58 | Montgomery Village | $388,900 (±$12,668) |
| 59 | Leisure World | $274,800 (±$23,015) |
Showing 13 of 59 places in Montgomery County, ranked from highest to lowest.
Friendship Heights Village is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
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 Friendship Heights Village
What is the average home value in Friendship Heights Village, MD?
The Census Bureau publishes the median: $484,300 (±$68,752) for owner-occupied homes in Friendship Heights Village (2020–2024 American Community Survey).
Have home values in Friendship Heights Village gone up?
In Friendship Heights Village, the median home value went from $441,300 in 2015–2019 to $484,300 in 2020–2024 (+9.7%).
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 Friendship Heights 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 — Friendship Heights Village CDP, Maryland
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Friendship Heights Village CDP, Maryland
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Friendship Heights Village CDP, Maryland
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Friendship Heights Village CDP, 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 Friendship Heights Village CDP, Maryland (place:30800, 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
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- Homeowner costs in Friendship Heights Village
- Property taxes in Friendship Heights Village
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- Population growth in Friendship Heights Village
- How long people stay in Friendship Heights Village
- Maryland landlord and tenant rules
- Housing across Montgomery County
- Maryland places ranked by median home value
- Housing data for every place in Maryland