Zip 20912 (Takoma Park, MD) Housing

The housing market in 20912 Takoma Park, MD is far above the US median value of $338,100 according to the given data. At $622,600, this area holds a significant amount of value for potential homeowners. Additionally, although the one year appreciation rate of 8.27% for US housing overall has not been matched in 20912 Takoma Park with its 2.33%, it still offers a modest growth opportunity for those looking to invest in real estate here.

The median home cost in Takoma Park (zip 20912) is $622,600. Home appreciation the last 10 years has been 59.7%. Home Appreciation in Takoma Park (zip 20912) is up 9.1%.

Average Age of Homes

- The median age of Takoma Park (zip 20912) real estate is 64 years old

The Rental Market in Takoma Park (zip 20912)

- Renters make up 53.5% of the Takoma Park (zip 20912) population
- 1.4% of houses and apartments in Takoma Park (zip 20912), 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
	10,191.0	139,647,020.0
	68	42
	$622,600	$338,100
	9.1%	16.6%
	34.9%	57.0%
	59.7%	101.1%
	$11.44	$10.98
	$6,678	$2,690
	39.5%	57.4%
	4.4%	11.2%
	56.1%	31.4%
Vacant Housing
	1.4%	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
	1.5%	2.6%
	0.4%	2.4%
	0.0%	2.8%
	0.1%	3.9%
	0.0%	4.5%
	1.9%	11.3%
	2.4%	13.0%
	11.2%	20.1%
	8.1%	13.6%
	12.7%	8.3%
	35.0%	9.7%
	21.3%	3.9%
	4.9%	2.2%
	0.4%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.7%	13.6%
	1.7%	13.6%
	4.4%	13.6%
	4.9%	13.2%
	6.7%	14.8%
	4.4%	13.6%
	17.8%	10.0%
	22.1%	4.7%
	22.4%	12.2%

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