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Wednesday, November 27, 2024

Pricing for the median home in Takoma Park increased during November 2021

Realestate5

The median sale price of a home sold in November 2021 in Takoma Park rose by $7,500 while total sales decreased by 28.6%, according to BlockShopper.com.

In November 2021, there were 15 homes sold, with a median sale price of $610,000 - a 1.2% increase over the $602,500 median sale price for the same period of the previous year. There were 21 homes sold in Takoma Park in November 2020.

The median sales tax in Takoma Park for the most recent year with available data, 2020, was $8,355, approximately 1.4% of the median home sale price for November 2021.

The following table compares Takoma Park to other Montgomery County cities with similar median sale prices in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Potomac63588.6%$880,000$922,800-4.6%
Brookeville12-50%$870,000$876,002.50-0.7%
Darnestown10825%$819,750$865,000-5.2%
Brinklow10-$690,300$0-
North Kensington191346.2%$615,000$516,00019.2%
Takoma Park1521-28.6%$610,000$602,5001.2%
Colesville27270%$600,000$535,00012.1%
Hillandale20-$582,750$0-
Clarksburg1924-20.8%$575,000$603,000-4.6%
Kemp Mill218162.5%$573,000$530,0008.1%
Silver Spring746317.5%$560,750$517,2008.4%

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