In March 2019, there were seven homes sold, with a median sale price of $561,000 - a 10.4% increase over the $508,100 median sale price for the same period of the previous year. There were 11 homes sold in Takoma Park in March 2018.
The median sales tax in Takoma Park for the most recent year with available data, 2016, was $7,500, approximately 1.3% of the median home sale price for March 2019.
The following table compares Takoma Park to other Montgomery County cities with similar median sales prices in March 2019:
| City | Mar. 2019 Home Sales | Mar. 2018 Home Sales | % change (Total Home Sales) | Mar. 2019 Median Sales Price | Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Bethesda | 21 | 16 | 31.3% | $709,918 | $650,000 | 9.2% |
| South Kensington | 11 | 10 | 10% | $700,000 | $610,000 | 14.8% |
| Ashton-Sandy Spring | 6 | 2 | 200% | $633,750 | $531,500 | 19.2% |
| Garrett Park | 4 | 2 | 100% | $630,500 | $727,500 | -13.3% |
| Brinklow | 1 | 0 | - | $600,000 | $0 | - |
| Takoma Park | 7 | 11 | -36.4% | $561,000 | $508,100 | 10.4% |
| Forest Glen | 6 | 8 | -25% | $559,200 | $482,450 | 15.9% |
| Rockville | 33 | 39 | -15.4% | $505,000 | $490,000 | 3.1% |
| Olney | 35 | 24 | 45.8% | $499,999 | $463,500 | 7.9% |
| Rossmoor | 1 | 1 | 0% | $499,000 | $680,000 | -26.6% |
| Cloverly | 8 | 8 | 0% | $490,500 | $403,000 | 21.7% |
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