Market Overview
Chevy Chase's median sold price is $1.2M with homes averaging 47 days on market; Silver Spring is at $540K and 35 days (12-month settled sales in smover's records, through Aug 2026). Chevy Chase is pricier ($1.2M median vs $540K), a difference of about $659K. Silver Spring moves faster, with homes averaging 35 days on market compared to 47 in Chevy Chase. Silver Spring offers a lower entry point at $175K–$1.5M.
Chevy Chase
MD
Silver Spring
MD
Median Sold Price
12 months through Aug 2026
$1.2M
$540K
Avg Days on Market
12 months through Aug 2026
47 days
35 days
Price Range
$700K–$5M+
$175K–$1.5M
Notable Neighborhoods
Chevy Chase Village, Section 3, Section 5, Somerset
Downtown Silver Spring, Woodside, East Silver Spring, Woodmoor
MD
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Frequently Asked Questions
Is Chevy Chase or Silver Spring more affordable?
Silver Spring is more affordable with a median sold price of $540K, compared to $1.2M in Chevy Chase (12-month settled sales in smover's records, through Aug 2026). Both cities offer a wide range of housing options, from condos and townhomes to single-family homes. Chevy Chase prices range from $700K–$5M+. Silver Spring prices range from $175K–$1.5M.
How do Chevy Chase and Silver Spring compare?
Chevy Chase has tree-lined streets, large lots, and quick access to downtown D. Silver Spring is a diverse, transit-rich community just north of the D. The right choice depends on your priorities: budget, commute length, home types, and neighborhood feel. smover lets you compare agent profiles and available transaction records in either city.
Median sold prices and days on market are 12-month aggregates of settled sales in smover's records, through Aug 2026. School data from Virginia DOE, Maryland MSDE, and DC OSSE public reports. Property tax rates from Virginia Dept. of Taxation (2024). Walkability scores from Walk Score (2024). Crime data from FBI UCR and Virginia State Police (2023). Commute times are approximate rush-hour estimates. Updated September 2026.