Bethesda Homes for Sale
Bethesda is an unincorporated, census-designated place in southern Montgomery County, Maryland, United States, located just northwest of Washington, D.C. It takes its name from a local church, the Bethesda Meeting House (1820, rebuilt 1849), which in turn took its name from Jerusalem's Pool of Bethesda. The National Institutes of Health main campus and the Walter Reed National Military Medical Center are in Bethesda, in addition to a number of corporate and government headquarters.
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The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright 2023 Bright MLS. All rights reserved.
Bethesda, MD Real Estate: A Comprehensive Guide
Introduction
- Overview of Bethesda, MD
- Real Estate Market Trends
- Purpose of the Article
What Makes Bethesda, MD a Desirable Place to Live?
- Bethesda's Location and Accessibility
- Quality of Life in Bethesda
- Diversity of Bethesda's Communities
Bethesda's Real Estate Market
- Bethesda's Housing Market Trends
- Types of Properties in Bethesda
- Average Home Prices in Bethesda
Factors to Consider When Buying or Selling Property in Bethesda
- Bethesda's Neighborhoods and Communities
- Bethesda's School Districts
- Bethesda's Property Taxes and Fees
Working with Bethesda Real Estate Agents
- Finding a Reliable Real Estate Agent
- Negotiating with Real Estate Agents
- Costs Associated with Hiring a Real Estate Agent
Financing Your Bethesda Real Estate Purchase
- Types of Mortgages Available
- Bethesda's Lending Standards
- Costs Associated with Financing Your Home
The Homebuying Process in Bethesda
- Finding the Right Home
- Making an Offer on a Property
- Closing the Deal
Renovating Your Bethesda Home
- Permits and Regulations
- Working with Contractors
- Cost of Renovating Your Home
Renting Property in Bethesda
- Rental Market Trends
- Renting vs. Owning a Home in Bethesda
- Finding a Rental Property in Bethesda
Conclusion
- Recap of Bethesda's Real Estate Market
- Benefits of Living in Bethesda
- Final Thoughts
FAQs
- What is the average home price in Bethesda, MD?
- What types of properties are available in Bethesda?
- How do I find a reliable real estate agent in Bethesda?
- What is the rental market like in Bethesda?
- Can I renovate my Bethesda home without a permit?
Bethesda, MD is a city that is known for its thriving real estate market. As a suburb of Washington, D.C., Bethesda has become a popular place to live due to its prime location and quality of life. This comprehensive guide will provide you with everything you need to know about buying, selling, and renting property in Bethesda.
Introduction
Before we dive into the real estate market in Bethesda, let's take a look at the city itself. Bethesda is a suburban city located in Montgomery County, Maryland, just northwest of Washington, D.C. Bethesda is known for its thriving downtown area, which includes a variety of restaurants, shops, and entertainment options.
The real estate market in Bethesda is strong and continues to grow. According to Zillow, the median home value in Bethesda is $1.06 million as of March 2023, which is an increase of 9.6% from the previous year. This growth has attracted many homebuyers and investors to the area.
The purpose of this article is to provide a comprehensive guide to buying, selling, and renting property in Bethesda, MD. We will cover everything from the factors to consider when buying or selling property to the costs associated with hiring a real estate agent.
What Makes Bethesda, MD a Desirable Place to Live?
Bethesda is known for its prime location and accessibility to Washington, D.C. It is located just a short drive from the city and is accessible via public transportation, making it a popular location for commuters. Bethesda is also known for its quality of life, which includes excellent schools, a variety of entertainment options, and a diverse range of communities.
Bethesda's Real Estate Market
Bethesda's real estate market is strong and continues to grow. The area is known for its high-end properties and luxury homes. The median home value in Bethesda is $1.06 million, which is higher than the national average. Bethesda's real estate market is competitive, which means that homes can sell quickly and for above asking price. The types of properties available in Bethesda include single-family homes, townhouses, and condominiums.
Factors to Consider When Buying or Selling Property in Bethesda
There are several factors to consider when buying or selling property in Bethesda. One of the most important factors is Bethesda's neighborhoods and communities. Bethesda is home to a variety of communities, each with its own unique character and atmosphere. Another important factor to consider is Bethesda's school districts. Bethesda is home to several highly rated schools, making it a popular location for families.
When buying or selling property in Bethesda, it is important to consider Bethesda's property taxes and fees. Bethesda has a higher property tax rate than the national average, which can impact the overall cost of owning a home in the area.
Working with Bethesda Real Estate Agents
Working with a reliable real estate agent can make the process of buying or selling property in Bethesda much easier. When looking for a real estate agent, it is important to find someone who has experience working in the Bethesda real estate market. Negotiating with a real estate agent is also an important part of the process, as it can impact the overall cost of buying or selling a home.
The costs associated with hiring a real estate agent in Bethesda can vary, but typically include a commission fee. The commission fee is a percentage of the sale price of the home and is paid by the seller.
Financing Your Bethesda Real Estate Purchase
Financing your home purchase in Bethesda is an important step in the process. There are several types of mortgages available, including conventional, FHA, and VA loans. When applying for a mortgage, it is important to consider Bethesda's lending standards, which can impact your ability to qualify for a loan.
The costs associated with financing your home purchase in Bethesda can include closing costs, down payments, and other fees. It is important to work with a lender who can provide you with a detailed breakdown of these costs.
The Homebuying Process in Bethesda
The homebuying process in Bethesda typically involves finding the right home, making an offer on the property, and closing the deal. Finding the right home can take time and patience, but is an important step in the process. When making an offer on a property, it is important to consider the current market conditions and work with your real estate agent to negotiate a fair price.
Closing the deal on a property in Bethesda typically involves signing a purchase agreement, paying the closing costs, and transferring ownership of the property.
Renovating Your Bethesda Home
If you are looking to renovate your Bethesda home, there are several factors to consider. Bethesda has specific permits and regulations that must be followed when renovating a home. Working with a licensed and experienced contractor is also important to ensure that your renovation project is completed on time and on budget.
The costs associated with renovating your Bethesda home can vary depending on the scope of the project. It is important to work with a contractor who can provide you with a detailed estimate of the costs associated with your renovation project.
Renting Property in Bethesda
If you are considering renting a property in Bethesda, there are several factors to consider. Bethesda's rental market is competitive, which means that rental properties can be expensive and may be difficult to find. It is important to consider the pros and cons of renting vs. owning a home in Bethesda before making a decision.
When looking for a rental property in Bethesda, it is important to work with a reliable real estate agent who can help you find a property that meets your needs and budget.
Conclusion
Bethesda, MD is a desirable location for homebuyers and investors due to its prime location and high quality of life. The real estate market in Bethesda is strong and continues to grow, making it an attractive location for those looking to buy or sell property. When buying or selling property in Bethesda, it is important to consider the factors that can impact the overall cost and value of the property, such as the neighborhood, school district, and property taxes.
Working with a reliable real estate agent who has experience in the Bethesda real estate market can make the process of buying or selling property much easier. When financing your home purchase in Bethesda, it is important to consider the lending standards and costs associated with obtaining a mortgage.
Renovating a home in Bethesda also requires careful consideration of permits and regulations, as well as working with a licensed and experienced contractor.
Overall, Bethesda, MD is a highly desirable location for those looking for a high quality of life and a strong real estate market. By carefully considering the factors involved in buying, selling, or renting property in Bethesda, you can make informed decisions and achieve your real estate goals.
FAQs
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What is the median home price in Bethesda, MD? The median home price in Bethesda, MD is around $1 million.
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What are some of the most popular neighborhoods in Bethesda? Some of the most popular neighborhoods in Bethesda include Chevy Chase, Bethesda-Chevy Chase, and North Bethesda.
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What are the property tax rates in Bethesda? The property tax rate in Bethesda is higher than the national average, and can impact the overall cost of owning a home in the area.
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What are some highly rated schools in Bethesda? Some highly rated schools in Bethesda include Bethesda-Chevy Chase High School, Walt Whitman High School, and Thomas W. Pyle Middle School.
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How competitive is the rental market in Bethesda? The rental market in Bethesda is highly competitive, and rental properties can be expensive and difficult to find.
Bethesda MD Homes for Sale84 Properties
Address | Beds | Baths | Sq.Ft. | Price(%Chng) | $/Sq.Ft. | On Site |
---|---|---|---|---|---|---|
![]() Bethesda, MD 20817 |
4 | 3 | 2,293 | $979,500 | $427.17 | 7 days |
![]() Bethesda, MD 20814 |
4 | 3 | 2,224 | $899,000 | $404.23 | 3 days |
![]() Bethesda, MD 20817 |
6 | 6 | 6,213 | $2,899,990 | $466.76 | 6 days |
![]() Bethesda, MD 20817 |
6 | 8 | 7,000 | $3,999,000 | $571.29 | 4 days |
![]() Bethesda, MD 20817 |
6 | 7 | 6,852 | $2,899,000 | $423.09 | 4 days |
![]() Bethesda, MD 20814 |
6 | 6 | 2,816 | $3,595,000 | $1,276.63 | 95 days |
![]() Bethesda, MD 20816 |
1 | 1 | 843 | $269,000 | $319.10 | 14 days |
![]() Bethesda, MD 20817 |
6 | 5 | 4,811 | $1,875,000 | $389.73 | 10 days |
![]() Bethesda, MD 20817 |
5 | 5 | 4,786 | $1,995,000 | $416.84 | 10 days |
![]() Bethesda, MD 20817 |
3 | 4 | 2,191 | $959,990 1.1% | $438.15 | 14 days |
![]() Bethesda, MD 20817 |
6 | 10 | 15,000 | $7,175,000 | $478.33 | 14 days |
![]() Bethesda, MD 20817 |
1 | 1 | 676 | $190,000 | $281.07 | 13 days |
![]() Bethesda, MD 20814 |
3 | 4 | 3,650 | $1,525,000 | $417.81 | 19 days |
![]() Bethesda, MD 20817 |
6 | 10 | 10,302 | $6,900,000 | $669.77 | 10 days |
![]() Bethesda, MD 20814 |
2 | 2 | 1,397 | $1,050,000 | $751.61 | 24 days |
![]() Bethesda, MD 20817 |
6 | 6 | 5,443 | $1,850,000 | $339.89 | 26 days |
![]() Bethesda, MD 20814 |
4 | 3 | 2,093 | $995,000 -3.9% | $475.39 | 25 days |
![]() Bethesda, MD 20816 |
6 | 9 | 7,105 | $3,795,000 -1.4% | $534.13 | 80 days |
![]() Bethesda, MD 20816 |
2 | 2 | 1,491 | $574,800 -2.4% | $385.51 | 32 days |
![]() Bethesda, MD 20816 |
6 | 6 | -- | $2,950,000 | -- | 29 days |
![]() Bethesda, MD 20814 |
3 | 3 | 1,520 | $749,328 | $492.98 | 31 days |
![]() Bethesda, MD 20814 |
7 | 5 | 4,900 | $1,650,000 | $336.73 | 36 days |
![]() Bethesda, MD 20814 |
1 | 1 | 664 | $410,000 | $617.47 | 32 days |
![]() Bethesda, MD 20817 |
4 | 4 | 3,520 | $1,669,900 | $474.40 | 32 days |
![]() Bethesda, MD 20814 |
6 | 6 | 4,656 | $2,149,000 -1.6% | $461.55 | 32 days |
![]() Bethesda, MD 20817 |
4 | 4 | 3,505 | $1,565,995 | $446.79 | 33 days |
![]() Bethesda, MD 20814 |
5 | 5 | 3,981 | $1,799,900 | $452.12 | 35 days |
![]() Bethesda, MD 20816 |
1 | 1 | 1,007 | $265,000 -5.4% | $263.16 | 37 days |
![]() Bethesda, MD 20814 |
5 | 5 | 4,115 | $2,124,900 | $516.38 | 38 days |
![]() Bethesda, MD 20814 |
6 | 5 | 4,785 | $1,950,000 | $407.52 | 39 days |
![]() Bethesda, MD 20817 |
6 | 7 | 5,233 | $2,295,000 | $438.56 | 39 days |
![]() Bethesda, MD 20817 |
5 | 5 | 4,862 | $2,149,000 | $442.00 | 217 days |
![]() Bethesda, MD 20816 |
6 | 6 | 4,138 | $1,849,000 | $446.83 | 41 days |
![]() Bethesda, MD 20816 |
3 | 2 | 1,737 | $474,900 -4.8% | $273.40 | 46 days |
![]() Bethesda, MD 20814 |
4 | 3 | 2,155 | $880,000 | $408.35 | 59 days |
![]() Bethesda, MD 20817 |
6 | 6 | 5,675 | $1,999,500 -11.1% | $352.33 | 52 days |
![]() Bethesda, MD 20814 |
2 | 1 | 1,096 | $355,000 -3.8% | $323.91 | 53 days |
![]() Bethesda, MD 20817 |
-- | -- | -- | $910,000 | -- | 53 days |
![]() Bethesda, MD 20817 |
3 | 4 | 1,252 | $849,900 | $678.83 | 58 days |
![]() Bethesda, MD 20817 |
6 | 7 | 7,161 | $3,199,000 -3.8% | $446.73 | 91 days |
![]() Bethesda, MD 20817 |
6 | 6 | 5,179 | $2,299,000 | $443.91 | 70 days |
![]() Bethesda, MD 20817 |
6 | 7 | 5,000 | $2,500,000 | $500.00 | 60 days |
![]() Bethesda, MD 20816 |
2 | 2 | 1,723 | $695,000 39% | $403.37 | 60 days |
![]() Bethesda, MD 20814 |
1 | 1 | 788 | $239,900 -4% | $304.44 | 63 days |
![]() Bethesda, MD 20814 |
5 | 5 | 5,092 | $2,124,900 | $417.30 | 103 days |
![]() Bethesda, MD 20814 |
3 | 3 | 2,008 | $1,199,000 -4.1% | $597.11 | 73 days |
![]() Bethesda, MD 20817 |
7 | 8 | 5,578 | $3,998,000 | $716.74 | 66 days |
![]() Bethesda, MD 20817 |
5 | 6 | 6,637 | $2,200,000 -0.9% | $331.48 | 66 days |
![]() Bethesda, MD 20817 |
7 | 9 | 5,095 | $3,185,000 | $625.12 | 67 days |
![]() Bethesda, MD 20814 |
6 | 6 | 6,058 | $2,789,000 | $460.38 | 74 days |
![]() Bethesda, MD 20816 |
3 | 2 | 1,697 | $550,000 -15.4% | $324.10 | 72 days |
![]() Bethesda, MD 20816 |
1 | 1 | 1,040 | $258,000 -0.8% | $248.08 | 84 days |
![]() Bethesda, MD 20814 |
3 | 3 | 2,559 | $2,399,000 | $937.48 | 74 days |
![]() Bethesda, MD 20814 |
4 | 3 | 2,106 | $1,370,000 -14.1% | $650.52 | 74 days |
![]() Bethesda, MD 20817 |
6 | 5 | 5,652 | $1,748,000 -2.3% | $309.27 | 89 days |
![]() Bethesda, MD 20817 |
4 | 4 | 3,360 | $959,900 -3.5% | $285.68 | 88 days |
![]() Bethesda, MD 20817 |
7 | 10 | 14,359 | $3,850,000 | $268.12 | 81 days |
![]() Bethesda, MD 20814 |
1 | 1 | 1,250 | $244,900 -5.4% | $195.92 | 25 days |
![]() Bethesda, MD 20817 |
5 | 5 | 7,932 | $2,545,000 -4% | $320.85 | 86 days |
![]() Bethesda, MD 20817 |
6 | 6 | 5,460 | $2,350,000 -4.1% | $430.40 | 89 days |
![]() Bethesda, MD 20816 |
6 | 7 | 6,589 | $2,560,000 -8.6% | $388.53 | 87 days |
![]() Bethesda, MD 20814 |
3 | 4 | 2,783 | $1,595,000 -5.9% | $573.12 | 87 days |
![]() Bethesda, MD 20817 |
6 | 6 | 5,376 | $2,299,900 | $427.81 | 87 days |
![]() Bethesda, MD 20814 |
5 | 6 | 7,763 | $2,850,000 | $367.13 | 102 days |
![]() Bethesda, MD 20814 |
5 | 7 | 5,752 | $1,995,000 | $346.84 | 46 days |
![]() Bethesda, MD 20814 |
4 | 4 | 3,067 | $1,589,000 | $518.10 | 101 days |
![]() Bethesda, MD 20817 |
6 | 7 | 4,375 | $2,299,900 | $525.69 | 94 days |
![]() Bethesda, MD 20814 |
1 | 1 | 537 | $399,900 | $744.69 | 36 days |
![]() Bethesda, MD 20817 |
5 | 5 | 5,000 | $2,074,900 | $414.98 | 129 days |
![]() Bethesda, MD 20817 |
6 | 6 | 7,186 | $1,450,000 | $201.78 | 97 days |
![]() Bethesda, MD 20816 |
5 | 6 | -- | $2,495,000 | -- | 97 days |
![]() Bethesda, MD 20817 |
6 | 7 | 7,700 | $5,950,000 | $772.73 | 223 days |
![]() Bethesda, MD 20817 |
5 | 5 | 4,843 | $1,449,000 -6.5% | $299.19 | 108 days |
![]() Bethesda, MD 20814 |
6 | 5 | 4,864 | $2,295,000 -4.2% | $471.83 | 123 days |
![]() Bethesda, MD 20816 |
1 | 1 | 1,017 | $245,000 -2% | $240.90 | 116 days |
![]() Bethesda, MD 20816 |
2 | 2 | 1,360 | $379,000 -11.9% | $278.68 | 109 days |
![]() Bethesda, MD 20817 |
5 | 5 | 5,041 | $2,299,000 | $456.06 | 112 days |
![]() Bethesda, MD 20817 |
7 | 8 | 7,410 | $2,999,999 -11.1% | $404.86 | 193 days |
![]() Bethesda, MD 20814 |
1 | 1 | 664 | $399,900 -4.8% | $602.26 | 127 days |
![]() Bethesda, MD 20817 |
6 | 6 | 7,600 | $3,199,999 -5.9% | $421.05 | 129 days |
![]() Bethesda, MD 20817 |
5 | 5 | 5,005 | $2,425,000 | $484.52 | 188 days |
![]() Bethesda, MD 20817 |
4 | 5 | 3,354 | $2,900,000 -9.4% | $864.64 | 213 days |
![]() Bethesda, MD 20817 |
3 | 3 | 2,664 | $1,209,900 5.7% | $454.17 | 301 days |
![]() Bethesda, MD 20817 |
7 | 9 | 11,397 | $7,950,000 | $697.55 | 364 days |
The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright 2023 Bright MLS. All rights reserved.