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Chevy Chase Three, MD Real Estate


According to census data in the year 2000 there were 279 housing units in Chevy Chase Three. This represents a 61% decline from 715 in 1990.

Of those housing units, 279 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 Three is about 92%. Chevy Chase Three's vacancy rate, including seasonal lodging, is about 1.4%. Average household size is 2.83 people.

The majority of houses, apartments or condos in Chevy Chase Three were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms1.40%
Three Bedrooms40.50%
Four Bedrooms40.10%
Five Bedrooms or more17.90%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1939
Median Value of occupied units$469,100
Median Price asked for vacant units$350,000

Rented Homes, Apartments and Condos

Average Household Size2.73
Median year structure was built1941

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage14.20%
Home Equity Loan12.50%
Simple Mortgage52.90%
Debt Free19.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15%