All Home Types
Chevy Chase, MD Housing Market
What is the housing market like in Chevy Chase today?
In August 2024, Chevy Chase home prices were down 3.7% compared to last year, selling for a median price of $1.6M. On average, homes in Chevy Chase sell after 46 days on the market compared to 35 days last year. There were 15 homes sold in August this year, down from 22 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,550,000
-3.7% YoY | Aug 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2024
Growth
% YoY
Chevy Chase, MD
$1,550,000
-3.7%
United States
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Chevy Chase Migration & Relocation Trends
In Jul '24 - Sep '24, 19% of Chevy Chase homebuyers searched to move out of Chevy Chase, while 81% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Chevy Chase from outside metros.
- Philadelphia homebuyers searched to move into Chevy Chase more than any other metro followed by New York and Hartford.
Where are people moving to Chevy Chase from?
- 81% of Chevy Chase homebuyers searched to stay within the Chevy Chase metropolitan area.
- Salisbury was the most popular destination among Chevy Chase homebuyers followed by Virginia Beach and Harrisburg.
Where are people from Chevy Chase moving to?
Number of People Moving to Chevy Chase
least
most
People are moving to Chevy Chase from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jul '24 - Sep '24 | ||
| 1 | 2,783 | ||
| 2 | 2,499 | ||
| 3 | 2,084 | ||
| 4 | 1,293 | ||
| 5 | 126 | ||
| 6 | 26 | ||
| 7 | 5 | ||
| 8 | 3 | ||
| 9 | 3 | ||
| 10 | 3 | ||
People are leaving Chevy Chase for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jul '24 - Sep '24 | ||
| 1 | 5,337 | ||
| 2 | 2,568 | ||
| 3 | 1,596 | ||
| 4 | 1,519 | ||
| 5 | 1,472 | ||
| 6 | 1,273 | ||
| 7 | 1,165 | ||
| 8 | 1,060 | ||
| 9 | 816 | ||
| 10 | 712 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Chevy Chase.
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