Takoma Park Real Estate Market

Takoma Park Market

The median sale price for homes in Takoma Park over the last 12 months is $332,000.


The median mortgage debt is $199,458.

Additional Statistics for Single Family Homes and Condos in Takoma Park, MD
$356,510
Median Listing Price
61
Median Days on Market
58
Active Listings
17.2%
Distressed Listings
(foreclosures and short sales)
Takoma Park, MD Price Trends - Sold vs. Listed
The median list price in May for single family homes in Takoma Park is $445,900. The list prices dropped by -2.95% from the previous month.

The price per square foot for listings in this area is $333.

The median sale price in December for single family homes is $218,100. The sale prices dropped by -49.1% from the previous month.

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Takoma Park, MD Market Inventory Trends

The number of active listings in Takoma Park dropped by 11.9% from the previous month.

The median number of days active properties have been listed is 40. This is significantly shorter than the national average.

The number of sales in December dropped by 81.3% from the previous month.

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Takoma Park, MD Property Ownership

The percent of unoccupied properties is very low in Takoma Park. It is -8.2% below the national average.

The percent of owner occupied properties in Takoma Park is 16.64% below the national average.

The percent of rental properties in Takoma Park is 27.64% above the national average which is typical for urban areas.

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