The Takoma-DC housing market is somewhat competitive. Homes in Takoma-DC receive 6 offers on average and sell in around 34.5 days. The median sale price of a home in Takoma-DC was $690K last month, up 6.0% since last year. The median sale price per square foot in Takoma-DC is $396, up 31.1% since last year.
What is the housing market like in Takoma-DC today?
In April 2024, Takoma-DC home prices were up 6.0% compared to last year, selling for a median price of $690K. On average, homes in Takoma-DC sell after 35 days on the market compared to 21 days last year. There were 29 homes sold in April this year, down from 38 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$690,000
+6.0% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Takoma-DC, MD
$690,000
+6.0%
United States
To compare other locations to the Takoma-DC and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Takoma Park add value to a home.
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How hot is the Takoma-DC housing market?
Takoma-DC is somewhat competitive. Homes sell in 19 days.
0
100
66
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% above list price and go pending in around 19 days.
Hot homes
can sell for about 7% above list price and go pending in around 5 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Takoma-DC housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Takoma-DC.
Risk Factor
Flood Factor - Moderate
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Takoma-DC has a moderate risk of flooding. 99 properties in Takoma-DC are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in Takoma-DC. Flood risk is increasing slower than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
Takoma-DC has a moderate risk of wildfire. There are 233 properties in Takoma-DC that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in Takoma-DC.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Takoma-DC has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Takoma-DC is most at risk from hurricanes. 897 properties in Takoma-DC have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 63 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 76 mph.