Housing Trends in the Purple Line Corridor

Ensuring Housing Choices for All


Goal: Balanced housing options for people of all income levels in communities throughout the corridor


Strategies:
  • Develop and publish corridor-wide strategic housing plan
  • Land acquisition for residential development
  • Encourage Private and philanthropic investment
  • Maintain housing affordability and improve existing housing along the corridor
  • Promote quality housing that is affordable to the existing community while affirmatively addressing the impact on residential displacement
  • Create a housing trust fund. Adopt innovative financial strategies
Subarea Median House Price (2000) House Price Trend Median Housing Price (2016) Median Housing Price (2017) Median Housing Price (2018) Periodic Housing Price Change 2018 - 2000 Change
Bethesda - Chevy Chase 343,300 812,163 828,656 910,794 567,494
Silver Spring 177,750 530,683 538,394 561,861 384,111
International Corridor 161,029 321,263 332,427 358,479 197,450
University of Maryland 171,938 366,502 378,800 385,129 213,191
Riverdale - New Carrolton 116,142 225,560 226,676 249,112 132,970
Purple Line Corridor 970,159 2,256,172 2,304,954 490,494 479,665