City:

Chevy Chase, MD

Chevy Chase is a city in the state of maryland with a population of roughly 30,664. It is in Montgomery County, Maryland the Washington-Arlington-Alexandria, DC-VA-MD-WV core-based statistical areas (CBSA), and the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA combined statistical area (CSA).Its Zip codes include 20815 .

The Changing Face of Chevy Chase: Trends in Home Prices

The real estate market in Chevy Chase, MD is thriving. The area has a large population of affluent residents and a high demand for luxury homes. There are many prestigious neighborhoods in Chevy Chase, including The Woodlands, which is known for its luxurious estates and gated communities.

The median home price in Chevy Chase is $1.5 million, which is significantly higher than the national median home price of $225,000. This high demand has driven up the prices of homes in the area considerably over the past few years. However, despite the elevated prices, there are still plenty of affordable options available for buyers looking to purchase a home in Chevy Chase.

One of the biggest benefits of living in Chevy Chase is its close proximity to Washington D.C., which makes it an excellent location for commuters. Additionally, many employers located in Washington D.C. have offices located within easy reach of Chevy Chase residents, making it easy to get to work no matter where you live in the city.

There are several schools located within close proximity to residents of Chevy Chase as well. The area has several top-rated schools that offer excellent education opportunities for children regardless of their socioeconomic status or ethnicity.

Price Index: Frederick-Gaithersburg-Rockville, MD (MSAD)

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