In December 2017, there were six homes sold, with a median sale price of $474,500 - a 0.1% decrease over the $475,000 median sale price for the same period of the previous year. There were seven homes sold in Takoma Park in December 2016.
The median sales tax in Takoma Park for the most recent year with available data, 2016, was $7,500, approximately 1.6% of the median home sale price for December 2017.
The following table compares Takoma Park to other Montgomery County cities with similar median sales prices in December 2017:
| City | Dec. 2017 Home Sales | Dec. 2016 Home Sales | % change (Total Home Sales) | Dec. 2017 Median Sales Price | Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Potomac | 10 | 12 | -16.7% | $615,000 | $637,875 | -3.6% |
| South Kensington | 10 | 15 | -33.3% | $612,550 | $729,000 | -16% |
| North Kensington | 8 | 18 | -55.6% | $549,950 | $380,000 | 44.7% |
| Rockville | 39 | 46 | -15.2% | $549,000 | $557,500 | -1.5% |
| Derwood | 16 | 12 | 33.3% | $480,000 | $370,597 | 29.5% |
| Takoma Park | 6 | 7 | -14.3% | $474,500 | $475,000 | -0.1% |
| Olney | 25 | 26 | -3.8% | $465,000 | $450,000 | 3.3% |
| Hillandale | 2 | 3 | -33.3% | $458,200 | $510,000 | -10.2% |
| Colesville | 13 | 18 | -27.8% | $458,000 | $434,500 | 5.4% |
| Gaithersburg | 44 | 67 | -34.3% | $449,950 | $418,600 | 7.5% |
| Silver Spring | 37 | 45 | -17.8% | $429,000 | $520,000 | -17.5% |
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