Bethesda, Montgomery County, MD

Bethesda housing market

Price change over 12 months

Over the last 12 months the median detached house in Bethesda sold for $1,469,000, 8.2% lower than the 12 months before, on 736 sales.

How does Bethesda compare? Its change is the weakest of the five Montgomery County cities with their own page. Rockville did best (0.0%). The next weakest was Chevy Chase (−5.3%).

A 12-month median moves with the mix of houses that happened to sell, so a change of a few percent in a smaller city can come from a handful of large or small sales.

Detached houses, last 12 months against the 12 before

Detached houses, last 12 months against the 12 before
CityHomes soldMedian priceChange
Rockville685$710,0000.0%
Silver Spring1,283$650,0000.0%
Potomac444$1,360,500−2.8%
Chevy Chase247$1,600,000−5.3%
Bethesda736$1,469,000−8.2%

Prices by home type

The chart tracks median prices of detached houses, townhouses and condos in Bethesda over ten years, one line each, so a shift in which homes sold does not read as a price change.

What is the median home price in Bethesda? $1,325,000 for all homes sold over the last 12 months, and $1,469,000 for detached houses, $1,165,000 for townhouses and $377,000 for condos.

Is the Bethesda housing market cooling? Detached prices in Bethesda have cooled over the last 12 months: the median detached house sold for $1,469,000, 8.2% lower than the year before, on 12% more sales (736). The highest yearly median of the last decade was $1,600,000 in 2024; prices are 8.2% below it now.

Townhouse prices in Bethesda have cooled over the last 12 months: the median townhouse sold for $1,165,000, 10.3% lower than the year before, on 27% fewer sales (68). The highest yearly median of the last decade was $1,304,000 in 2024; prices are 10.7% below it now.

Condo prices in Bethesda have kept rising over the last 12 months: the median condo sold for $377,000, 14.2% higher than the year before, on 4% more sales (189). The highest yearly median of the last decade was $399,900 in 2018; prices are 5.7% below it now.

Over the long run, the detached median in Bethesda went from $958,500 in 2016 to $1,575,500 in 2025, about 5.7% a year, with the biggest jump in 2022 (+11.4%) and 2 down years.

Bethesda, sales by year

Bethesda, sales by year
YearHomes soldDetached medianTownhouse medianCondo median
2025993$1,575,500$1,207,500$347,000
2024926$1,600,000$1,304,000$325,000
2023928$1,500,000$1,284,900$330,000
20221,180$1,420,000$940,000$340,000
20211,492$1,275,000$1,050,000$330,000
20201,040$1,150,000$977,500$325,000
20191,129$1,050,000$935,000$336,000
20181,180$1,053,000$909,400$399,900
20171,180$1,005,000$1,000,000$395,000
20161,081$958,500$831,000$375,000

What sets a detached house’s price

Each bar is how much more or less a detached house in Bethesda sold for than an otherwise similar one when one characteristic changes, against the first row of its group.

Does a basement add value in Bethesda? Yes: in past sales, about 8.2% more than an otherwise similar house without one.

How much more does a bigger house sell for in Bethesda? About 20.1% more for 50% more living area, other things alike: price rises with size, but less than in proportion.

The largest single difference is in quality grade: grade 9 houses sold for about 65.6% more than grade 4 houses of the same size, lot and age.

Based on 2,001 detached sales in Bethesda over the last three years, these characteristics explain 80% of the variation in price. They describe past sales, not what any one house is worth.

Price differences between otherwise similar detached houses in Montgomery County

Price differences between otherwise similar detached houses in Montgomery County
CharacteristicValuePrice differenceCompared with
SizeLiving area, 50% larger+19.1%
SizeLot, twice the size+3.7%
Year built1960–1979+1.3%vs. Before 1960
Year built1980–1999+3.0%vs. Before 1960
Year built2000–2019+6.3%vs. Before 1960
Year built2020–2026+9.3%vs. Before 1960
Quality gradeGrade 4+12.4%vs. Grade 3 or lower
Quality gradeGrade 5+25.2%vs. Grade 3 or lower
Quality gradeGrade 6+40.2%vs. Grade 3 or lower
Quality gradeGrade 7+58.6%vs. Grade 3 or lower
Quality gradeGrade 8+71.5%vs. Grade 3 or lower
Quality gradeGrade 9+110.8%vs. Grade 3 or lower
Stories1.5 stories−0.4%vs. 1 story
Stories2 stories−1.6%vs. 1 story
Stories2.5 or more stories−1.2%vs. 1 story
BasementBasement+8.9%vs. No basement
Corner lotCorner lot0%vs. Interior lot

Price differences between otherwise similar detached houses in Bethesda

Price differences between otherwise similar detached houses in Bethesda
CharacteristicValuePrice differenceCompared with
SizeLiving area, 50% larger+20.1%
SizeLot, twice the size+8.3%
Year built1960–1979−3.6%vs. Before 1960
Year built1980–1999−7.5%vs. Before 1960
Year built2000–2019+9.7%vs. Before 1960
Year built2020–2026+6.4%vs. Before 1960
Quality gradeGrade 5+0.3%vs. Grade 4
Quality gradeGrade 6+11.8%vs. Grade 4
Quality gradeGrade 7+27.0%vs. Grade 4
Quality gradeGrade 8+35.6%vs. Grade 4
Quality gradeGrade 9+65.6%vs. Grade 4
Stories1.5 stories+0.2%vs. 1 story
Stories2 stories−1.2%vs. 1 story
Stories2.5 or more stories+0.5%vs. 1 story
BasementBasement+8.2%vs. No basement
Corner lotCorner lot−1.5%vs. Interior lot

Price differences between otherwise similar detached houses in Potomac

Price differences between otherwise similar detached houses in Potomac
CharacteristicValuePrice differenceCompared with
SizeLiving area, 50% larger+20.6%
SizeLot, twice the size+2.2%
Year built1960–1979−5.4%vs. Before 1960
Year built1980–1999−3.3%vs. Before 1960
Year built2000–2019+0.1%vs. Before 1960
Quality gradeGrade 5+10.2%vs. Grade 4
Quality gradeGrade 6+23.4%vs. Grade 4
Quality gradeGrade 7+33.2%vs. Grade 4
Quality gradeGrade 8+42.2%vs. Grade 4
Quality gradeGrade 9+71.6%vs. Grade 4
Stories1.5 stories−1.6%vs. 1 story
Stories2 stories−3.7%vs. 1 story
BasementBasement+0.6%vs. No basement
Corner lotCorner lot−0.9%vs. Interior lot

Detached prices by feature

The chart plots median detached-house prices in Bethesda by living area; the tabs switch to lot, age, quality and more.

What do bigger houses sell for in Bethesda? The median detached house in the smallest size band (under 1,200 sq ft) sold for $917,500, against $3,200,000 for 5,000+ sq ft.

By lot, the median ran from $1,419,500 on lots under 6,000 sq ft to $2,950,000 on 2+ acres.

By age, houses built 2020–2026 sold for the most, a median of $2,222,500, and those built before 1960 for the least, $1,270,000.

By the county’s quality grade, from $1,100,000 for grade 4 to $3,047,500 for grade 9.

These are plain medians: a bigger house also tends to sit on a bigger lot and be newer. The comparison above holds those differences fixed.

Where the lot carries the price

How much is land worth in Bethesda? The state assesses land under the typical detached house, on a 9,180 sq ft lot, at about $666,000, or $72.60 per square foot.

That rate is the 2nd highest of 18 cities in Montgomery County, against $30.30 in Potomac and $93.50 in Chevy Chase.

Maryland reassesses each property every three years, so these values move slowly and lag sale prices.

Assessed land value per square foot of lot, detached houses

Assessed land value per square foot of lot, detached houses
CityLand value per sq ftTypical lotDetached houses
Chevy Chase$93.508,510 sq ft6,698
Bethesda$72.609,180 sq ft20,886
Kensington$39.207,850 sq ft6,003
Potomac$30.3015,330 sq ft14,251

When detached houses were built

The columns count every detached house in Bethesda on the state’s tax roll, 20,707 of them, by the twenty-year span it was built in.

How old are the houses in Bethesda? The typical detached house was built in 1959. The biggest share, 44%, went up in 1940–1959; 4% date from 2020 or later.

The typical one has 2,446 square feet of living area on a 9,180 sq ft lot.

By median year built, that compares with 1974 in Potomac and 1948 in Chevy Chase.

Montgomery County, detached houses by year built

Montgomery County, detached houses by year built
Year builtHousesShare
1920–193910,0256%
1940–195950,41429%
1960–197948,18228%
1980–199942,23024%
2000–201919,14711%
2020 or later2,7332%

Bethesda, detached houses by year built

Bethesda, detached houses by year built
Year builtHousesShare
1920–19391,9599%
1940–19599,04344%
1960–19794,32321%
1980–19991,8229%
2000–20192,63813%
2020 or later9224%

Potomac, detached houses by year built

Potomac, detached houses by year built
Year builtHousesShare
1920–1939370%
1940–19593382%
1960–19798,28258%
1980–19994,41331%
2000–20191,0177%
2020 or later1151%

Chevy Chase, detached houses by year built

Chevy Chase, detached houses by year built
Year builtHousesShare
1920–19392,05033%
1940–19592,80945%
1960–19793776%
1980–19993626%
2000–20194958%
2020 or later1202%

Kensington, detached houses by year built

Kensington, detached houses by year built
Year builtHousesShare
1920–19392955%
1940–19594,17671%
1960–197969712%
1980–19992304%
2000–20193316%
2020 or later1322%

How long owners stay

The columns count the detached houses in Bethesda by how long their current owners have held them: the years since each house’s last recorded transfer.

How long do people stay in their homes in Bethesda? The typical owner of a detached house in Bethesda has held it for about 9 years. 30% changed hands in the last five years, and 14% have stayed with the same owner for 25 years or more.

That typical stay compares with 9 years in Potomac, 10 years in Chevy Chase.

Any recorded transfer counts as a new start, including an inheritance or a move into a family trust, so short stays read slightly high. 903 houses have no transfer on the state’s file and are left out.

Montgomery County, detached houses by years owned

Montgomery County, detached houses by years owned
Years ownedHousesShare
25+27,61716%
20–2418,40611%
15–1916,03910%
10–1423,95814%
5–937,01622%
Under 544,64227%

Bethesda, detached houses by years owned

Bethesda, detached houses by years owned
Years ownedHousesShare
25+2,81214%
20–241,8489%
15–191,95110%
10–142,90915%
5–94,40322%
Under 56,06030%

Potomac, detached houses by years owned

Potomac, detached houses by years owned
Years ownedHousesShare
25+2,10316%
20–241,1448%
15–191,2779%
10–141,97515%
5–93,10223%
Under 53,94729%

Chevy Chase, detached houses by years owned

Chevy Chase, detached houses by years owned
Years ownedHousesShare
25+94015%
20–245388%
15–1967911%
10–1495615%
5–91,40522%
Under 51,84529%

Kensington, detached houses by years owned

Kensington, detached houses by years owned
Years ownedHousesShare
25+90616%
20–2455110%
15–195409%
10–1479414%
5–91,28022%
Under 51,65229%

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