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Takoma Park

Why you'd want to live in Takoma Park

Takoma Park is a city in Montgomery County, Maryland, United States. It is a suburb of Washington, and part of the Washington metropolitan area. Founded in 1883 and incorporated in 1890, Takoma Park, informally called "Azalea City", is a Tree City USA and a nuclear-free zone. A planned commuter suburb, it is situated along the Metropolitan Branch of the historic Baltimore and Ohio Railroad, just northeast of Washington, and it shares a border and history with the adjacent D.C. neighborhood of Takoma. It is governed by an elected mayor and six elected councilmembers, who form the city council, and an appointed city manager, under a council-manager style of government. The city's population was 17,629 at the 2020 census. Since 2013, residents of Takoma Park can vote in municipal elections when they turn sixteen. It was the first city in the United States to extend voting rights to 16- and 17-year-olds in city elections. Since then, the City of Hyattsville has followed suit.

Takoma Park Market Report

$657,512

AVERAGE PRICE OF 47 HOMES

$795,333

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,454,843

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

Average Home

Average Price $657,512
Avg Bedrooms 2.94 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $176,724
2 bedrooms $325,750
3 bedrooms $640,271
4 bedrooms $771,621
5 bedrooms $800,000
Takoma Park Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 50 47 49 49 44
Average Price $636,663 $658,659 $669,916 $679,855 $669,184
Avg Price Change -3.45% -1.71% -1.48% +1.59% n/a
Median Price $609,793 $592,226 $581,058 $572,982 $579,399
Med Price Change +2.97% +1.92% +1.41% -1.12% n/a
Avg Bedrooms 2.8 beds 2.81 beds 2.96 beds 3.04 beds 2.87 beds
Avg Bathrooms 2.05 baths 1.99 baths 2.11 baths 2.18 baths 2.01 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
John F. Kennedy 1 $965,000 15 days
Montgomery Blair 17 $773,041 45 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 47 $657,512 74 days
Distressed Homes 3 $795,333 226 days
Multi-Million Dollar Homes 7 $1,454,843 63 days
The Fine Living Group
Jonathan Lahey
1050 Connecticut Ave NW Ste 500
Washington, DC 20036
301-651-4900


The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Fine Living Group participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. © 2022 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: December 1, 2022 9 PM.
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