Is Chevy Chase, MD 20815 a buyer’s or seller’s market?

The Chevy Chase housing market right now

In the three months ending August 31, 2026, 15% of homes in Chevy Chase, MD 20815 sold above their list price, the typical home went under contract in 48 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 126 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 23%, homes sold more slowly (39 days then) and the median sale price rose 8% to $1,396,896. Overall, Chevy Chase is less competitive than a year ago, which gives buyers more room.

Within Montgomery County, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell less often over asking than in 85%. On our competition score, Chevy Chase ranks #205 of 241 MD ZIP codes with enough sales (score 43 out of 100).

Nearby, buyers who want less competition could look at Garrett Park 20896 (0% sold over asking) or Washington Grove 20880 (0% sold over asking), while Silver Spring 20905 (74% sold over asking) and Boyds 20841 (51% sold over asking) are even more competitive.