Housing in Takoma Park
Takoma Park's housing market runs genuinely above Maryland's own statewide average, with a real, disclosed tension between rising average-price figures and a falling median list price this pass.
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Learn moreA real, disclosed cross-source spread, above the state average throughout
Zillow's own typical home value ran $672,024 (down 1.4% YoY), while Redfin's own average house price ran a substantially higher $810,000 (up 15.6% YoY) -- both figures running well above Maryland's own statewide averages.
A real, disclosed tension against a falling median list price
A separately cited median LIST price for July 2026 ($610,000) ran a real, notable 17% below both the prior month and the prior year -- a genuine tension against the average-price figures moving in the opposite direction, disclosed here rather than smoothed into one number.
A genuinely competitive market
Redfin rates the Takoma Park market 'very competitive' at 82 out of 100, with homes selling in around 58 days.
A property tax rate that adds meaningfully to ownership cost
Takoma Park's 1.72% effective property tax rate -- above both national and Maryland statewide averages -- adds a real, disclosed cost on top of an already-elevated purchase price.
Key takeaways
- Home values ($672,024-$810,000) run well above Maryland's own statewide average.
- A real, disclosed tension exists between rising average-price figures and a falling July 2026 median list price.
- The market rates 'very competitive' (82/100) with homes selling in about 58 days.
- Takoma Park's 1.72% effective property tax rate adds a real, above-average cost above an already-elevated purchase price.
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