What to know before you move: cost, market timing, who it fits.
If you're considering a move to Chevy Chase, MD, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
Chevy Chase is a city in Montgomery County, Maryland, with an estimated population of 10,176. It anchors the Washington-Arlington-Alexandria metro area. The median home value in Chevy Chase is $1,255,658 as of 2026-04, down 1.4% over the last 12 months. Over the last five years, home values have averaged +3.6% annual growth, with prices at or near the 5-year peak. Rents in Chevy Chase average $2,619 per month, roughly flat year-over-year (-0.0%). The composite momentum score is 56 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.
Sideways market (-1.4% YoY). No urgency to time the macro trend — focus on the home and neighborhood.
Reasons people move here
- Held the highs: currently -1.5% from the 5-year peak — this market refused to give back gains.
- The data is the data: Chevy Chase has at least 5 years of Zillow tracking, full Census identification, and is included in the 2-criteria momentum score on this page.
Things to know first
- Expensive AND not growing: median home $1,255,658 with only -1.4% YoY. You're paying premium pricing for a flat trend.
- Thin housing market: small population means fewer transactions and slower resale. Liquidity risk on exit.
More about Chevy Chase
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.