Chevy Chase 20815

Montgomery County, MD · 12,747 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

40affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
36.5%
severe
Days on market
32
daily
Price cuts
15.2%
of active
Valuation
-43.7%
vs assessor
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35
/100
weak
stable · balanced · prices easing year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

57/ 100SellerBalancedBuyer
Balanced Market
Needs 17.8% correction for affordability
DOM: 66d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)75
Valuation Gap (25%)10
Supply & Demand (20%)85
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)75

Balanced market in 20815. List price is roughly fair — focus on condition and value. Payment burden: 36.5% of median income. Median days on market: 66. Renting is approximately 199% cheaper than buying (price-to-rent ratio: 35.9).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
STABLEBALANCED

Market is holding steady with balanced conditions. Conditions are balanced between buyers and sellers. Prices down 1.3% YoY.

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Market snapshoteach number, once

Median price
$1,192,611
▾ 1.3% YoY
Days on market
32
daily · zip_data
Median rent
$2,770
ZORI
Investor score
26/100
cash-flow lens
Active listings
133
90-day

Valuation3 lenses, different anchors

vs assessor
-43.7%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$671,200
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+36.8%
County-wide market — the widest, slowest signal.
Montgomery+36.8%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$506
Price-to-income6.0×

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How 20815 ranks in MD
percentile vs all MD ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

29SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply11.4 mo
Days on Market32d
Inv vs History+23.8%
Listing Density--
Market dynamics
Price cut %15.2%
Momentumstable
LeverageBALANCED
Months of supply11.4
Sales (90d)0
Investment analysis
Median rent$2,770
Price-to-rent35.9
Est. cap rate1.8%
Buy vs rentfavors renting

Livability

Walk score16
Transit score36
Bike score

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Montgomery County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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