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Monday, August 4, 2025

Takoma Park home prices rise in November 2017

Realestate1

The median sale price of a home sold in November 2017 in Takoma Park rose by $11,000 while total sales increased by 60%, according to BlockShopper.com.

In November 2017, there were eight homes sold, with a median sale price of $531,000 - a 2.1% increase over the $520,000 median sale price for the same period of the previous year. There were five homes sold in Takoma Park in November 2016.

The median sales tax in Takoma Park for the most recent year with available data, 2016, was $7,500, approximately 1.4% of the median home sale price for November 2017.

The following table compares Takoma Park to other Montgomery County cities with similar median sales prices in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Boyds10-$710,000$0-
Darnestown4333.3%$672,400$541,50024.2%
Laytonsville62200%$637,400$629,7001.2%
North Bethesda221546.7%$637,000$730,000-12.7%
North Potomac1011-9.1%$585,500$727,000-19.5%
Takoma Park8560%$531,000$520,0002.1%
Brookeville21100%$503,500$64,500680.6%
Forest Glen49-55.6%$492,500$395,00024.7%
Poolesville550%$492,000$160,000207.5%
Olney23219.5%$490,000$500,000-2%
Brinklow110%$460,000$631,000-27.1%

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