Cheap Homes in Chevy Chase, MD

Buyer vs Seller Market in Chevy Chase, MD

The real estate market in Chevy Chase is competitive, with demand consistently outpacing supply. Homes are selling quickly, often above listing price, reflecting the area’s desirability due to its prime location and high-quality amenities. Buyers should be prepared for bidding wars and should act fast to secure a property in this sought-after neighborhood.

Currently, homes are experiencing a moderate appreciation rate, with values rising steadily each year. The local market's health is attributed to continued interest from both families and retirees seeking a peaceful yet connected lifestyle.

Rent Prices In Chevy Chase, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chevy Chase, MD, is on a rollercoaster ride. The average rent price in Chevy Chase, MD, is $3,862.00. Indeed, when looking to rent in Chevy Chase, MD, you can expect to pay as little as $1,390.00 or as much as $8,520.00, with the average rent median estimated to be $3,980.00. The good news is that finding an affordable and desirable property to rent in Chevy Chase, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.