In August 2018, there were 14 homes sold, with a median sale price of $547,500 - a 2.2% decrease over the $560,000 median sale price for the same period of the previous year. There were 11 homes sold in Takoma Park in August 2017.
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 August 2018.
The following table compares Takoma Park to other Montgomery County cities with similar median sales prices in August 2018:
| City | Aug. 2018 Home Sales | Aug. 2017 Home Sales | % change (Total Home Sales) | Aug. 2018 Median Sales Price | Aug. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Garrett Park | 3 | 6 | -50% | $725,000 | $617,500 | 17.4% |
| Ashton-Sandy Spring | 11 | 7 | 57.1% | $710,000 | $650,000 | 9.2% |
| North Bethesda | 37 | 32 | 15.6% | $710,000 | $737,000 | -3.7% |
| Poolesville | 7 | 7 | 0% | $625,000 | $425,000 | 47.1% |
| Laytonsville | 1 | 3 | -66.7% | $560,000 | $695,000 | -19.4% |
| Takoma Park | 14 | 11 | 27.3% | $547,500 | $560,000 | -2.2% |
| Rockville | 55 | 47 | 17% | $542,000 | $636,000 | -14.8% |
| Gaithersburg | 83 | 84 | -1.2% | $540,000 | $499,990 | 8% |
| Forest Glen | 6 | 7 | -14.3% | $535,000 | $504,000 | 6.2% |
| Silver Spring | 68 | 42 | 61.9% | $525,000 | $532,887.50 | -1.5% |
| Olney | 45 | 51 | -11.8% | $504,950 | $490,000 | 3.1% |
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