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) | Median Home Value (2019) | Periodic Housing Price Change | 2018 - 2000 Change |
|---|---|---|---|---|---|---|---|---|
| Bethesda - Chevy Chase | 343,300 | 812,163 | 828,656 | 910,794 | 940,344 |  567,494 |
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| Silver Spring | 177,750 | 530,683 | 538,394 | 561,861 | 564,933 | 384,111 |
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| International Corridor | 161,029 | 321,263 | 332,427 | 358,479 | 371,862 | 197,450 |
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| University of Maryland | 171,938 | 366,502 | 378,800 | 385,129 | 406,657 | 213,191 |
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| Riverdale - New Carrolton | 116,142 | 225,560 | 226,676 | 249,112 | 260,750 | 132,970 |
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| Purple Line Corridor | 194,032 | 451,234 | 460,991 | 493,075 | 2,544,546 |  299,043 |