Takoma Park, MD
Housing market overview · Updated weekly
$649,950median sale price
Homes sold
11
Last 12 weeks
Days on market
155
Average pace
Active listings
27
2.5 months supply
Sale-to-list
98.5%
Below asking
The Takoma Park housing market is currently classified as a balanced market with a median sale price of $649,950. Prices have risen 6.7% compared to last year, with homes spending an average of 155 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Takoma Park
There are currently 27 homes listed for sale in Takoma Park, Maryland. The median listing price is $250K.
Active listings
27
Homes on market
Median list price
$250K
Avg. days on market
155
Days until sale
New this week
7
Newly listed
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Frequently asked questions
What is the average home price in Takoma Park?
The median home sale price in Takoma Park is $649,950, up 6.7% from last year.
How long do homes stay on market in Takoma Park?
Homes typically spend 155 days on market before going under contract.
Is Takoma Park a buyer's or seller's market?
With 2.5 months of supply, Takoma Park is currently a balanced market.
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