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

The median value of owner-occupied homes in North Chevy Chase, MD is $1,212,500 (±$66,937), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In North Chevy Chase, the median home value went from $860,300 in 2015–2019 to $1,212,500 in 2020–2024 (+40.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$1,212,500 (±$66,937)
Owner-occupied homes
199 (±41)
Most common range
$1,000,000 or more

Home values in North Chevy Chase

Owner-occupied homes by value, 2020–2024
ValueNorth Chevy ChaseMontgomery CountyMarylandUnited States
Less than $50,0000.0% (±19.1 points)1.3%3.0%5.3%
$50,000 to $99,9990.0% (±19.1 points)0.7%2.0%6.1%
$100,000 to $149,9990.0% (±19.1 points)0.9%2.7%6.8%
$150,000 to $199,9991.5% (±2.1 points)1.6%4.8%9.0%
$200,000 to $299,9991.0% (±2.0 points)5.8%14.8%17.8%
$300,000 to $499,9990.0% (±19.1 points)23.2%37.1%26.9%
$500,000 to $999,99917.6% (±8.3 points)47.6%29.7%20.9%
$1,000,000 or more79.9% (±8.6 points)18.8%6.0%7.1%

The most common range is $1,000,000 or more, 79.9% 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.

North Chevy Chase against Montgomery County, its state and the nation

Estimate (90% margin of error)
North Chevy ChaseMontgomery CountyMarylandUnited States
Median home value$1,212,500 (±$66,937)$640,300 (±$5,098)$419,900 (±$1,385)$332,700
Owner-occupied homes199 (±41)254,139 (±2,460)1,597,565 (±8,362)84,210,142

In North Chevy Chase, 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, North Chevy Chase ranks 12 of 59 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 12 of 381.

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

How home values in North Chevy Chase have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$860,300 (±$37,277)$1,212,500 (±$66,937)+40.9%Up 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 North Chevy Chase

Nearest places with a published estimate, compared with North Chevy Chase
PlaceDistanceMedian home valueCompared with this place
North Chevy Chase—$1,212,500 (±$66,937)—
Chevy Chase (community)0.7 mi$1,245,000 (±$57,086)Not measurably different
South Kensington1.1 mi$919,800 (±$37,414)Lower
Chevy Chase View1.2 mi$1,414,600 (±$241,441)Not measurably different
Chevy Chase Section Five1.3 mi$1,643,100 (±$114,391)Higher
Chevy Chase1.5 mi$1,670,600 (±$84,779)Higher
Chevy Chase Section Three1.6 mi$1,605,600 (±$80,710)Higher
Martin's Additions1.6 mi$1,535,200 (±$94,452)Higher
Kensington1.7 mi$943,500 (±$48,966)Lower

Nearby places with a measurably lower figure: South Kensington, MD ($919,800), Kensington, MD ($943,500).

Nearby places with a measurably higher figure: Chevy Chase Section Five, MD ($1,643,100), 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

RankPlaceMedian home value
6Martin's Additions$1,535,200 (±$94,452)
7Chevy Chase View$1,414,600 (±$241,441)
8Brookmont$1,361,100 (±$264,205)
9Travilah$1,325,100 (±$111,289)
10Cabin John$1,312,900 (±$171,340)
11Chevy Chase (community)$1,245,000 (±$57,086)
12North Chevy Chase$1,212,500 (±$66,937)
13Bethesda$1,169,900 (±$23,157)
14Glen Echo$1,163,500 (±$121,791)
15Potomac$1,157,000 (±$21,405)
16Laytonsville$1,061,500 (±$75,827)
17Garrett Park$1,005,700 (±$59,270)
18Darnestown$958,200 (±$47,460)

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 North Chevy Chase

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

The Census Bureau publishes the median: $1,212,500 (±$66,937) for owner-occupied homes in North Chevy Chase (2020–2024 American Community Survey).

Have home values in North Chevy Chase gone up?

In North Chevy Chase, the median home value went from $860,300 in 2015–2019 to $1,212,500 in 2020–2024 (+40.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in North Chevy Chase 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 North Chevy Chase village, Maryland (place:56400, 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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