October's First-Time Homebuyer Report for Chevy Chase Section Three

Chevy Chase Section Three is a city that is shrinking slower than others in Maryland at a 10-year growth rate of -4.0%. It also has a smaller-than-average population of 760 people. Homes in Chevy Chase Section Three are older than most with a median age of 86 years.

Price Range

Some of the more expensive homes in Maryland are in Chevy Chase Section Three with a median home value of $913,200 and an average list price for available homes currently at $1,881,510.

Make sure you take a look at these eye-catching homes in Chevy Chase Section Three that generated the most views from potential buyers:

$1.5M   $979K   $2.2M  

Typical Dwelling

The typical dwelling in Chevy Chase Section Three is a four-bedroom detached home worth about $1,052,654. To purchase a similar home, a buyer with good credit and a $210,531 cash down payment could obtain a mortgage with a 3.95% interest rate and a $6,854 monthly payment. The property tax rate is $12.02 per $1,000 of taxable assessed value.


Data reported through 10/13/2016

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Evers & Company Real Estate, Inc.
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