In May 2019, there were 16 homes sold, with a median sale price of $621,000 - a 12.7% increase over the $551,100 median sale price for the same period of the previous year. There were 14 homes sold in Takoma Park in May 2018.
The median sales tax in Takoma Park for the most recent year with available data, 2016, was $7,500, approximately 1.2% of the median home sale price for May 2019.
The following table compares Takoma Park to other Montgomery County cities with similar median sales prices in May 2019:
| City | May 2019 Home Sales | May 2018 Home Sales | % change (Total Home Sales) | May 2019 Median Sales Price | May 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Potomac | 16 | 16 | 0% | $741,000 | $683,500 | 8.4% |
| Garrett Park | 4 | 3 | 33.3% | $735,500 | $627,000 | 17.3% |
| North Bethesda | 39 | 33 | 18.2% | $710,000 | $740,000 | -4.1% |
| Darnestown | 7 | 12 | -41.7% | $664,900 | $880,000 | -24.4% |
| Laytonsville | 4 | 10 | -60% | $646,200 | $632,092 | 2.2% |
| Takoma Park | 16 | 14 | 14.3% | $621,000 | $551,100 | 12.7% |
| Ashton-Sandy Spring | 3 | 5 | -40% | $595,000 | $484,500 | 22.8% |
| Forest Glen | 8 | 10 | -20% | $581,000 | $437,500 | 32.8% |
| Brookeville | 4 | 2 | 100% | $560,000 | $693,750 | -19.3% |
| Gaithersburg | 86 | 80 | 7.5% | $557,000 | $554,950 | 0.4% |
| Silver Spring | 67 | 63 | 6.3% | $545,000 | $535,000 | 1.9% |
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