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Short Sale Listings in Chevy Chase, MD

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Chevy Chase, MD Foreclosures

How much do homes sell for in Chevy Chase, MD?
The average home price is currently $1,453,721.
In Chevy Chase, MD, how many homes are available?
There are currently 1 active home listings available in Chevy Chase.
What’s the average rental cost in Chevy Chase, MD?
The average rental price in Chevy Chase is $3,863.
What is the most expensive home in Chevy Chase?
The most expensive home sold in Chevy Chase had a price of $206,220,712.
What is currently the cheapest priced home in Chevy Chase, MD?
The cheapest home for sale in Chevy Chase is priced at $10,738.

Living in Chevy Chase, MD

Chevy Chase is an affluent suburb of Washington, D.C., known for its beautiful residential streets, lush greenery, and a strong community spirit. With an array of upscale shops, fine dining, and parks, the area offers a blend of convenience and luxury. Residents enjoy easy access to the capital via public transportation, making it an ideal place for professionals and families alike.

Current Market Conditions in Chevy Chase, MD

The current real estate market in Chevy Chase is highly competitive, with a steady demand for residential properties, particularly single-family homes. The desirability of the neighborhood has driven prices upward, making it an attractive area for real estate investors.

Recent trends indicate a strong appreciation in home values, reflecting the overall appeal of Chevy Chase as a family-friendly community with access to urban amenities. Many buyers are seeking homes that offer larger lots and modern conveniences, which has led to a trend in renovations of older properties.

Home Value Estimator For Chevy Chase, MD

There are currently 10,884 real estate properties in Chevy Chase, MD, with a median automated valuation model (AVM) price of $1,294,944.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chevy Chase, MD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Chevy Chase, MD, is $1,453,721.00, with the most expensive house in Chevy Chase, MD, topping out at $206,220,712.00 and the cheapest home in Chevy Chase, MD, clocking in at $10,738.00. In other words, there’s something for every potential homebuyer or savvy investor in Chevy Chase, MD!

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 $3,863.00. 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.

Chevy Chase, MD Short Sale Listings

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