Takoma Park, MD Housing

Takoma Park, MD has a median housing value of $667,000, which is more than double the US median house value of $338,100. Despite the higher cost of housing in Takoma Park compared to the average US home, house appreciation in Takoma Park over the past year was only 2.33%, much lower than the national average of 8.27%. This suggests that housing prices in Takoma Park are relatively stable and may not increase substantially in the near future.

The median home cost in Takoma Park is $667,000. Home appreciation the last 10 years has been 59.7%. Home Appreciation in Takoma Park is up 9.1%.

Average Age of Homes

- The median age of Takoma Park real estate is 66 years old

The Rental Market in Takoma Park

- Renters make up 45.4% of the Takoma Park population
- 0.8% of houses and apartments in Takoma Park, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Takoma Park, Maryland	United States
	7,053.0	139,647,020.0
	70	42
	$667,000	$338,100
	9.1%	16.6%
	34.9%	57.0%
	59.7%	101.1%
	$9.49	$10.98
	$7,637	$2,690
	48.3%	57.4%
	3.8%	11.2%
	47.9%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.5%	2.4%
	0.0%	2.8%
	0.1%	3.9%
	0.0%	4.5%
	2.3%	11.3%
	2.8%	13.0%
	8.3%	20.1%
	5.8%	13.6%
	10.2%	8.3%
	39.8%	9.7%
	23.8%	3.9%
	5.8%	2.2%
	0.5%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.0%	13.6%
	1.0%	13.6%
	1.8%	13.6%
	4.8%	13.2%
	8.1%	14.8%
	1.8%	13.6%
	16.0%	10.0%
	19.9%	4.7%
	27.9%	12.2%

Reviews for Takoma Park

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Kathleen · Takoma Park, MD

Buyer Beware

Over 10 years ago

I have been a resident of Takoma Park since 1987. During that time, I have watched it change from a haven for artists and musicians to a yuppified, pretentious, More

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Cynthia · Takoma Park, MD

liberal

Over 17 years ago

Very More

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mr · Silver Spring, MD

Convenient to Metro

Over 18 years ago

Walk to the Metro, to stores, to More

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