Why Live in Takoma Park
Takoma Park is a Maryland neighborhood known for its environmental consciousness and eclectic charm. The community prioritizes sustainability, with local ordinances restricting pesticide use and requiring permits for tree removal. The city government sources all its electricity from wind power. The residential areas feature a mix of housing styles, including 1920s cottages, 1960s ramblers, midcentury modern homes, brick Cape Cods, and century-old bungalows. The neighborhood's hilly roads and overgrown front lawns contribute to its storybook-like appearance. Takoma Park boasts a vibrant pedestrian mall on Laurel Avenue, home to unique shops like Magic Carpet and Tabletop, and diverse dining options such as Kin Da, Motorkat, and Seoul Food. The area offers numerous things to do, including exploring Sligo Creek and its 10-mile paved trail, visiting Sligo Creek North Neighborhood Park, and enjoying the amenities at Takoma-Piney Branch Park and the Takoma Park Recreation Center. The neighborhood is served by highly-rated schools, including Takoma Park Elementary School, Piney Branch Elementary School, Takoma Park Middle School, and Montgomery Blair High School. Commuters benefit from the proximity to Washington, D.C., with a 35-minute Metro ride or a 25-minute drive to the city center. Silver Spring is just six minutes away by car, and Ronald Reagan Washington National Airport is a 40-minute drive.
Home Trends in Takoma Park, MD
On average, homes in Takoma Park, MD sell after 32 days on the market compared to the national average of 50 days. The median sale price for homes in Takoma Park, MD over the last 12 months is $762,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$762,000
Median Single Family Sale Price
$831,000
Median Townhouse Sale Price
$675,000
Median 2 Bedroom Sale Price
$240,000
Median 1 Bedroom Sale Price
$185,000
Average Price Per Sq Ft
$346
Number of Homes for Sale
28
Last 12 months Home Sales
145
Median List Price
$749,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%