Photo: Farragutful · CC BY-SA 3.0141 homes sold in Takoma Park in the last year, at a typical $732K
About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Takoma Park homes are listed.
Every place Takoma Park homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Takoma Park.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
19% of Takoma Park’s sales are condos, at $618K less than a house
106 houses and 25 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 106 sold in the year to May 2026
- Per square foot
- $423MD $239
- Days to sell
- 55
- Sold over asking
- 39%
- Listings with a price cut
- 31%
typical sale · 25 sold in the year to May 2026
- Per square foot
- $223MD $234
- Days to sell
- 85
- Sold over asking
- 16%
- Listings with a price cut
- 28%
Townhouses: 2 sold, typical $600K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 1.5 times the 2016 price
141 sales in the last year, against 247 in 2013 and a low of 137 in 2025. The typical sale went from $486K in 2016 to $732K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $750K buys in Takoma Park
Check a listing against what Takoma Park homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Takoma Park are rarer than before the pandemic, and more homes are for sale
We read every month of Takoma Park’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 141 sales.
If you’re buying in Takoma Park
- Shop in September. It brings about 19 new listings a month, close to the busiest month, with fewer bidding wars (38% over asking).
- Bid near asking. Buyers paid 100.4% of the list price on average; 33% paid over.
- You’ll usually have time. Only 41% of homes go under contract within two weeks; the typical one takes 57 days.
Spring brings both the most homes and the most bidding wars
April has the most new listings (about 23 a month), but May is the most competitive: 54% of May sales close over asking. September offers nearly as much choice with fewer homes bid up (38%). January has the least competition (18%) but only about 11 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Maryland as a whole
| Takoma Park now | 2017–19 | 2021 peak | MD now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 33% | 40% | 58% | 32% |
| Gone within two weeksShare of homes under contract within 14 days | 41% | 40% | 59% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 100.4% | 100.4% | 104.2% | 99.7% |
| Days to sellMedian days from listing to contract | 57 | 25 | 16 | 46 |
35 homes for sale on a typical day
That’s 1.5 times the 2022 low (24), 21% more than in 2017–19 and well under 2012’s 57.
Since 2019, houses are up 37%, condos 0%
A house typically sold for $830K in the year to May 2026 (106 sales), a condo for $212K (25).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Takoma Park ranks 111th of 193 busy Maryland markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Takoma Park is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Takoma Park home costs about $4,524 a month
Price: Takoma Park’s typical sale, last 12 months. Property tax at Takoma Park’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Takoma Park is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 7.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $732K home, about $8,460 a year.
Taxes vs. neighborsSchools
The schools grade for Takoma Park, from test results, graduation and how much students grow.
Schools in Takoma ParkTypical commute
The average one-way trip to work for people who live in Takoma Park.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Langley Park, Chillum, Silver Spring, Adelphi, Hyattsville and Four Corners sell for less a square foot
The busier markets within 25 miles of Takoma Park, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Silver Spring | 444 | $632K | $348 | 33% | 40 |
| Hyattsville | 206 | $483K | $273 | 26% | 55 |
| Takoma Park | 141 | $732K | $384 | 33% | 57 |
| Chillum | 139 | $405K | $239 | 24% | 57 |
| Four Corners | 92 | $643K | $339 | 32% | 47 |
| Adelphi | 84 | $236K | $184 | 19% | 56 |
| Langley Park | 38 | $372K | $280 | 32% | 50 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Takoma Park, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Takoma Park. People who follow the town see it, and so do people comparing Takoma Park with their own town. No commission, no listing fee.
Questions about buying a home in Takoma Park
What do homes sell for in Takoma Park, MD?
141 homes sold in the year to September 2026 at a typical $732K, $384 a square foot. Houses sold for about $830K, condos for about $212K in the year to May 2026.
Is Takoma Park a buyer’s or seller’s market?
A balanced market: 49 homes were for sale in September 2026 and 10 sold, about 4.9 months of supply. Buyers paid 100.4% of asking on average.
When is the best time to buy in Takoma Park?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Takoma Park?
About 1.2% of a home’s value a year. On a $732K home that’s near $8,460.
Where can I see homes for sale in Takoma Park?
Zillow, Redfin, Realtor.com and Homes.com all carry Takoma Park’s MLS listings; the search links above open each one filtered to Takoma Park.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).