Chevy Chase, MD · Market Data

Chevy Chase, Maryland real estate market data.

Real estate market data for Chevy Chase, MD (Montgomery County) — Census median home value $1,193,000, county listing prices down about 8.3% over the past year.

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Chevy Chase, MD is in Montgomery County, Maryland — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 9,484, with a median household income of $213,764. Census data puts Chevy Chase's median home value at $1,193,000 (all owner-occupied homes); Montgomery County's current median listing price runs $619,250, down about 8.3% over the past year.

At a glance

Chevy Chase market snapshot

Population

9,484

Median Household Income

$213,764

Median Home Value (city)

$1,193,000

Median Listing Price (Montgomery County)

$619,250

Median Gross Rent

$3,264/mo

Price Trend (YoY)

-8.3%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Chevy Chase

What makes Chevy Chase different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Chevy Chase's median home value — across all owner-occupied homes, not just recent sales — at $1,193,000. Separately, Montgomery County's current median listing price (via Realtor.com data, 2026-06-01) runs $619,250. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Montgomery County's FHFA house price index shows a 1.32% annual change in 2025.

Population & Income

Chevy Chase has an estimated population of 9,484 and a median household income of $213,764, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Chevy Chase's Census-reported median home value works out to about 5.6x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Chevy Chase FAQ

What are home values like in Chevy Chase, MD?

The Census Bureau's American Community Survey puts Chevy Chase's median home value at $1,193,000. Montgomery County's current median listing price runs $619,250, down about 8.3% over the past year.

What is the population of Chevy Chase, MD?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Chevy Chase's population at approximately 9,484.

What's the median rent in Chevy Chase, MD?

The Census ACS estimates median gross rent in Chevy Chase at approximately $3,264 per month.

What is the median household income in Chevy Chase, MD?

Census ACS data puts the median household income in Chevy Chase at approximately $213,764.

Is the Chevy Chase housing market growing?

Montgomery County's FHFA house price index shows a 1.32% annual change in 2025.

Is Chevy Chase, MD affordable relative to income?

Census ACS data puts Chevy Chase's median home value at about 5.6 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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