New - 18 hours on Rocket
$3,324 Closing Credit¹
#DCDC2183732, Lasonya J Abney, Listing Office: Cosmopolitan Properties Real Estate Brokerage
Chevy Chase Housing Market Report January 2025•District of Columbia County, District of Columbia
Housing Prices in Chevy Chase, DC
How much do homes in Chevy Chase, DC cost?
Housing Market Conditions
Is Chevy Chase, DC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Chevy Chase is a Buyer's Market
Difference Since January 2024
At the same time last year, Chevy Chase was a Seller's Market.
Insight
Chevy Chase is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$1,500,000$551/SqFt
+$175,000
+13.2%
Based on all homes sold in the last 12 months
Insight
Homes in Chevy Chase have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in Chevy Chase was $1,500,000 in January 2025, up 13.2% from last year, and the median price per square foot was $551.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Chevy Chase | $1.3M | $1.5M | +13.2% |
| Hawthorne / Barnaby Woods / Chevy Chase | $1.3M | $1.5M | +11.0% |
| Forest Hills | $540K | $550K | +1.9% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 22 Bedrooms | $640K | $550.5K | -14.0% |
| 55+ Bedrooms | $1.6M | $2.0M | +22.4% |
| 11 Bedroom | $239.9K | $274.9K | +14.6% |
| 33 Bedrooms | $1.2M | $1.2M | +3.2% |
| 44 Bedrooms | $1.4M | $1.5M | +3.5% |
Summary: Chevy Chase housing price by bedroom type for January 2025, compared to the previous year. The home price for 2 bedroom homes decreased by -14.0%. The home price for 5 bedroom homes increased by +22.4%. The home price for 1 bedroom homes increased by +14.6%. The home price for 3 bedroom homes increased by +3.2%. The home price for 4 bedroom homes increased by +3.5%.
Housing supply in Chevy Chase, DC
How many homes are available in Chevy Chase, DC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 18Last MonthJan 2025 | ||
| 142 months agoDec 2024 | +28.6 % Change MoMDec – Jan |
Summary: The Chevy Chase real estate market had 18 homes for sale in Jan 2025, a 28.6 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthJan 2025 | ||
| 62 months agoDec 2024 | -66.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | 3 | 2 | -33.3% |
| 55+ Bedrooms | 5 | 7 | +40.0% |
| 11 Bedroom | 1 | 3 | +200.0% |
| 33 Bedrooms | 3 | 3 | 0.0% |
| 44 Bedrooms | 2 | 3 | +50.0% |
Summary: Chevy Chase housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 5 bedroom homes increased by +40.0%. The inventory for 1 bedroom homes increased by +200.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +50.0%.
Asking Price vs. Sold Price
How much do homes in Chevy Chase, DC cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Chevy Chase, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Chevy Chase in January 2025, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.
Days on Market for Chevy Chase, DC
How long does it take to sell a home in Chevy Chase, DC?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Many homes in Chevy Chase are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 2 homes were sold in Chevy Chase; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 76 DaysThis YearJan 2025 | ||
| 15 Days1 year agoJan 2024 | +397.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Chevy Chase had an average listing age of 76 days in Jan 2025, up by 397.2% compared to the previous year.
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Newest Listings in Chevy Chase, DC
What homes are available in Chevy Chase, DC?
Coming soon
$10,000 Closing Credit¹
#DCDC2179278, Lori Allison Duke, Listing Office: Bennett Realty Solutions
New - 7 days on Rocket
$10,000 Closing Credit¹
#DCDC2176324, Kimberly A Cestari, Listing Office: Long & Foster Real Estate, Inc.
$10,000 Closing Credit¹
#DCDC2162678, Kimberly A Cestari, Listing Office: Long & Foster Real Estate, Inc.
Video tour
$10,000 Closing Credit¹
#DCDC2165784, Michael W Rankin, Listing Office: TTR Sotheby's International Realty
Backup offers3D tour
$2,553 Closing Credit¹
#DCDC2168232, Kathryn R Loughney, Listing Office: Compass
Backup offers
$6,163 Closing Credit¹
#DCDC2173324, Jonathan S Lahey, Listing Office: EXP Realty, LLC
#DCDC2171558, Patrick P Chauvin, Listing Office: Compass
$2,553 Closing Credit¹
#DCDC2166466, Anthony H Mokabber, Listing Office: Compass
Backup offers
#DCDC2165224, Jennifer S Smira, Listing Office: Compass
3D tour
#DCDC2161362, Mehrnaz Bazargan, Listing Office: Redfin Corp
$4,501 Closing Credit¹
#DCDC2160824, Jody Goren, Listing Office: Weichert, REALTORS
Popular Cities with Homes for Sale in District of Columbia
MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 02/01/2023 - 02/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.