Chevy Chase, MD Real Estate
According to census data in the year 2000 there were 3,956 housing units in Chevy Chase.
This represents a 11.5% growth from 3,548 in 1990.
Of those housing units, 3,956 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Chevy Chase is about 75.1%.
Chevy Chase's vacancy rate, including seasonal lodging, is about 3.2%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Chevy Chase were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 10.50% |
| Two Bedrooms | 17.40% |
| Three Bedrooms | 35.50% |
| Four Bedrooms | 22.90% |
| Five Bedrooms or more | 12.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $379,000 |
| Median Price asked for vacant units | $268,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $1,281 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 11.30% |
| Home Equity Loan | 12.10% |
| Simple Mortgage | 50.50% |
| Debt Free | 25.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
