How does the housing market look in Takoma Park? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
Takoma Park Maryland
Median Sale Price
$697,500
6.4%
New Listings
14
36.4%
Number of Homes Sold
16
77.8%
Median Days on Market
27
430.0%
Market Overview
All Home Types
In the last 30 days, homes for sale in Takoma Park, MD sold for a median price of $697,500, up 6.4% compared to the same period last year. The median price per square foot was $357.22, up 2.3% year-over-year. There were 16 homes sold, up from 9 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
Get your maximum home value with minimal effort
Use Orchard’s free tool to get your most accurate home valuation today.
Get Started
Get your maximum home value with minimal effort
Use Orchard’s free tool to get your most accurate home valuation today.
Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in Takoma Park, MD was 40, down 2.4% compared to last year. In the last 30 days, 14 new homes were listed for sale, down 36.4% year-over-year. The median days on market was 26.5, up from 5 days last year. The months of supply was 1.31, down from 2.44 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
Your dream home is waiting for you.
Tell us your must-haves, and we’ll share all the homes that meet your criteria.
Start Quiz
Your dream home is waiting for you.
Tell us your must-haves, and we’ll share all the homes that meet your criteria.
Start QuizHousing Demand
All Home Types
In the last 30 days, homes in Takoma Park, MD had a median sale-to-list-price ratio of 99.03%, down 6.4 pt compared to the same period last year. 31.25% of homes sold above list price, down 35.4 pt year-over-year. 18.75% of homes listed dropped in price, up 7.6 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
Get Started
Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
Get StartedHomes For Sale In Takoma Park
Perennial Real Estate • MLS MDMC2087182 • Status: Coming Soon
• MLS MDMC2086762 • Status: Active
Compass • MLS MDMC2086104 • Status: Active
Compass • MLS MDMC2085202 • Status: Active
Perennial Real Estate • MLS MDMC2079502 • Status: Active
KW Metro Center • MLS MDMC2084326 • Status: Active
Berkshire Hathaway HomeServices PenFed Realty • MLS MDMC2083874 • Status: Active
Coldwell Banker Realty • MLS MDMC2083174 • Status: Active
Coldwell Banker Realty • MLS MDMC2080724 • Status: Active
RE/MAX Leading Edge • MLS MDMC2082774 • Status: Active
Berkshire Hathaway HomeServices PenFed Realty • MLS MDMC2079204 • Status: Coming Soon
Compass • MLS MDMC2079876 • Status: Active
Coldwell Banker Realty • MLS MDPG2068948 • Status: Active
Compass • MLS MDMC2081602 • Status: Active
Compass • MLS MDMC2081196 • Status: Active
Redfin Corp • MLS MDMC2080982 • Status: Active
Half Back Realty • MLS MDMC2080372 • Status: Active
Berkshire Hathaway HomeServices PenFed Realty • MLS MDMC2078594 • Status: Active
Keller Williams Preferred Properties • MLS MDMC2075034 • Status: Active
EXP Realty, LLC • MLS MDMC2073890 • Status: Active