Takoma Park, MD Home Values & Market Trends
Real estate market trends reflect that there have been 195 transactions over the past year in Takoma Park. The median value for residential home transactions that occurred over the previous year is $688,147. The number of current listings in Takoma Park is 240, and the percentage of properties for sale in the city is 240.00%. Takoma Park, MD currently has 3 properties in foreclosure, 3 bank owned properties, 0 properties headed for auction, and 240 properties for sale.
Takoma Park, MD Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 20912 | $ 688,536 $ 392/sqft |
Housing Market Summary for Takoma Park, MD
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $695K | $695K | - |
| Median Sold Price | $740.9K | $639.7K | -13.67% |
| Homes For Sale | 146 | 235 | 60.96% |
| Homes Sold | 91 | 81 | -10.99% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Takoma Park, MD
Browse Homes in Takoma Park, MD
Takoma Park home values range from $86,198 to $1,850,000. The median estimated value of a home in Takoma Park is $688,147. The median list price of a home is 675,000, and the total count of properties in the city is 327.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Takoma Park, MD with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Takoma Park, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Takoma Park, MD ranges from the highest value of $707,176 in 20912 to the lowest value of $461,133 in 20912. Bank owned homes and properties account for 0.92% of properties in Takoma Park, MD. There is 1 zips within Takoma Park, MD; 20912 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Takoma Park, MD. Auction homes and other auction properties account for 0% of all properties in Takoma Park, MD. There is 1 zips within Takoma Park, MD; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Takoma Park, MD
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
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