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CHEVY CHASE, MD 20815

Real Estate Market Report  ·  Montgomery County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 20815

Bethesda Row · Bethesda West · Downtown Bethesda (Downtown) · Rock Creek Forest · Rock Creek Gardens · Wisconsin South

Market Analysis

Data as of March 2026. Source: Realtor.com.

The CHEVY CHASE, MD real estate market (20815) currently shows 134 active listings, with 37 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 42 days on market compared to 32 days last year.

The median listing price has fallen 31.3% year-over-year, from $1,182,000 to $812,500.

Whether you are buying or selling in CHEVY CHASE, MD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 31,080  ·  Density: 2,228.7/mi²  ·  Median household income: $185,873

Typical home value: $1,211,610  ·  Homeownership: 65.5%

Market Overview

Active Listings
134
⇧ 8.9% vs 123 last year
Pending
37
28% pending ratio
Median Price
$812,500
⇩ 31.3% vs $1,182,000 last year
Average Price
$1,292,358
⇩ 15.2% vs $1,523,727 last year
Days on Market
42
⇧ 31.3% vs 32 days last year

Price Per Square Foot

Median $/sqft
$468
⇩ 6% vs $498/sqft last year
Median Home Size
1,403 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 134 this year vs 123 last year
  • Days on market: 42 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $812,500 (-31.3% YoY)
  • Average: $1,292,358 (-15.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.9 miles — 972 listings ($994,545,881 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
20815Chevy Chase, MD 208150.0 mi112$143,671,472$772,500$1,282,781
20814Bethesda, MD 208142.0 mi104$92,684,176$402,000$891,194
20910Silver Spring, MD 209102.6 mi76$37,953,108$357,500$499,383
20895Kensington, MD 208953.0 mi50$57,771,900$1,073,725$1,155,438
20008Washington, DC 200083.5 mi103$151,486,014$520,000$1,470,738
20896Garrett Park, MD 208963.7 mi1$907,500$907,500$907,500
20912Takoma Park, MD 209124.2 mi41$28,077,333$636,950$684,813
20818Cabin John, MD 208184.5 mi3$5,630,850$1,876,950$1,876,950
20902Silver Spring, MD 209024.6 mi52$24,157,172$502,500$464,561
20009Washington, DC 200094.9 mi232$210,197,104$557,500$906,022
20017Washington, DC 200175.6 mi75$43,990,650$554,975$586,542
20036Washington, DC 200365.7 mi41$41,193,766$335,000$1,004,726
22207Arlington, VA 222075.9 mi82$156,824,836$1,593,750$1,912,498

Frequently Asked Questions

How many homes are for sale in CHEVY CHASE, MD 20815?

As of March 2026, there are 134 active listings in CHEVY CHASE, MD (zip code 20815), compared to 123 the prior year.

What is the median home price in CHEVY CHASE, MD 20815?

The median listing price in CHEVY CHASE, MD 20815 is $812,500 as of March 2026, a 31.3% decrease from $1,182,000 the prior year.

How long do homes stay on the market in CHEVY CHASE, MD?

Homes in CHEVY CHASE, MD 20815 spend an average of 42 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in CHEVY CHASE, MD 20815?

Based on current inventory and days-on-market data as of March 2026, CHEVY CHASE, MD 20815 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 42 days on market compared to 32 days last year.

How much can I save on real estate commission in CHEVY CHASE, MD?

With SELL123.com's maximum 3% commission, sellers in CHEVY CHASE, MD 20815 save an estimated $16,250 compared to a typical 5% commission on the median listing price of $812,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.