The housing in Chevy Chase Heights, PA is significantly less expensive than the national average. The median value of a house in Chevy Chase Heights is $120,200 while the US House Median Value is $338,100. Despite the lower cost of housing, homeowners in Chevy Chase Heights have seen a higher-than-average appreciation rate over the past year with an increase of 10.35%. This is higher than the US 1 year House Appreciation rate of 8.27%. This shows that despite the lower cost of housing in Chevy Chase Heights, it can still be a great investment opportunity for potential buyers looking to buy in this area.
The median home cost in Chevy Chase Heights is $120,200. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Chevy Chase Heights is up 14.3%.
Average Age of Homes
- The median age of Chevy Chase Heights real estate is 46 years old
The Rental Market in Chevy Chase Heights
- Renters make up 29.3% of the Chevy Chase Heights population
- 0.0% of houses and apartments in Chevy Chase Heights, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.