Home prices
The median home price in Chevy Chase Village is $1,724,500. It is about $573,200 (49%) higher compared to its nearby areas.It is approximately $1,507,000 (692%) higher in comparison to the entire country, and is roughly $1,123,000 (186%) higher in comparison to the city of Washington.
Rents
The median monthly rent in Chevy Chase Village is $2,875. In comparison to other places in this area this is approximately $161 (5%) higher.Compared to the entire nation it is approximately $1,813 (170%) higher, and compared to the city of Washington it is about $1,334 (86%) higher.
Nearby places
Martin's Additions
Martin's Additions is Chevy Chase Village's neighbor to the northeast. Its real estate prices are significantly less expensive. The value of the median home in Martin's Additions is $1,160,100, which is $564,400 (48%) lower than Chevy Chase Village. Rent there is a bit less expensive. Martin's Additions's median monthly rent is $2,583, which is $292 (11%) lower than Chevy Chase Village.
Chevy Chase
Chevy Chase is Chevy Chase Village's neighbor to the north. The housing prices there are substantially less expensive. The median home price in Chevy Chase is $944,700, which is $779,800 (82%) lower than Chevy Chase Village. The rent there is substantially less expensive. The median monthly rent in Chevy Chase is $1,957, which works out to $918 (46%) lower than Chevy Chase Village.
Bethesda
Bethesda is Chevy Chase Village's neighbor to the northwest. The real estate prices there are a lot less expensive. Bethesda's median home value is $911,000, which works out to $813,500 (89%) lower than Chevy Chase Village. Rent there is substantially less expensive. In Bethesda the median monthly rent is $2,026, which works out to $849 (41%) lower than Chevy Chase Village.
Somerset
Somerset is approximately 0.8 miles west from Chevy Chase Village. Its real estate prices are a bit less expensive. The median home in Somerset is valued at $1,475,800, which comes out to $248,700 (16%) lower than Chevy Chase Village. Rents there are a little more expensive. Somerset's median rent is $3,501 a month, which is $626 (17%) higher than Chevy Chase Village.
Chevy Chase Section Five
Chevy Chase Section Five is about 1 mile north of Chevy Chase Village. Housing prices there are substantially less expensive. The median home price in Chevy Chase Section Five is $1,264,900, which comes out to $459,600 (36%) lower than Chevy Chase Village. Rents there are a bit more expensive. In Chevy Chase Section Five the median monthly rent is $3,501, which works out to $626 (17%) higher than Chevy Chase Village.
