Market Overview
Home Prices in Cheverly, MD
The median home value in Cheverly, MD is $473,541 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.9% compared to a year ago and up 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cheverly are priced15% above average. Cheverly is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area.
Over the past five years, Cheverly home values have risen by approximately3.7%, reflecting modest growth in this market.
Price History
Cheverly Home Price Trend
City Comparison
Cheverly vs. National Median
At $473,541, homes in Cheverly cost 15% above the national median of $410,000. Buyers in Cheverly should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Cheverly?
20% Down Payment
$94,708
on $473,541
Monthly P&I
$2,470/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,137/mo
incl. taxes & insurance
Income Needed
$125,480
gross annual (30% rule)
10% Down Option
$47,354
+ PMI applies
Loan Amount (20% dn)
$378,833
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cheverly, MD?
The median home value in Cheverly is $473,541 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.9% year-over-year.
How much have home prices changed in Cheverly?
Over the past year, home values in Cheverly have decreased by 2.9%. Over five years, prices have risen approximately 3.7%.
How much do I need to earn to buy a home in Cheverly?
To comfortably afford the median home price of $473,541 with a 20% down payment ($94,708) at today's rates (6.8%), you'd need a gross annual income of approximately $125,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Cheverly compare to the national average home price?
The national median home value is approximately $410,000. At $473,541, homes in Cheverly are 15% above the national average.
What metro area is Cheverly part of?
Cheverly is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area. Home prices and market conditions can vary across the broader metro region.