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 (2014) Periodic Housing Price Change 2014 - 2000 Change
Bethesda - Chevy Chase 343,300 742,941 399,641
Silver Spring 177,750 363,924 186,174
International Corridor 161,029 239,038 78,009
University of Maryland 171,938 276,933 104,995
Riverdale - New Carrolton 116,142 210,010 93,868
Purple Line Corridor 185,459 352,682 167,222

Subsidized Housing





Key Indicators Across Subareas