The Chevy Chase housing market is very competitive. The median sale price of a home in Chevy Chase was $1.6M last month, up 10.3% since last year. The median sale price per square foot in Chevy Chase is $883, up 15.5% since last year.
What is the housing market like in Chevy Chase today?
In March 2024, Chevy Chase home prices were up 10.3% compared to last year, selling for a median price of $1.6M. On average, homes in Chevy Chase sell after 47 days on the market compared to 40 days last year. There were 7 homes sold in March this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,610,000
+10.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Chevy Chase, CA
$1,610,000
+10.3%
United States
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How hot is the Chevy Chase housing market?
Chevy Chase is very competitive. Homes sell in 32 days.
0
100
77
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 32 days.
Hot homes
can sell for about 9% above list price and go pending in around 19 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Chevy Chase housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Chevy Chase.
Risk Factor
Flood Factor - Severe
30% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Chevy Chase has a severe risk of flooding. 367 properties in Chevy Chase are likely to be
severely affected
by flooding over the next 30 years. This represents 30% of all properties in Chevy Chase. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Chevy Chase has a severe risk of wildfire. There are 1,783 properties in Chevy Chase that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Chevy Chase.
Chevy Chase has minimal risk of severe winds over the next 30 years
Wind Factor
Chevy Chase has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.