Takoma Park, MD Housing Market: Median Home Price, Days on Market & Forecast

2025 to 2026 market report with pricing, selling speed, supply, and buyer timing insights

$650K

Median Sale Price

91

Days on Market

4.4

Months of Supply

-11.6%

YoY Change

Balanced Market

Market Type

Low Transaction Volume

Takoma Park has fewer than 10 home sales per month. Market data may be less reliable due to limited transactions. Consider viewing data for nearby larger markets for more stable trends.

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Best Time to Buy by Property Type in Takoma Park

Takoma Park is a Balanced Market

Market conditions in Takoma Park favor neither buyers nor sellers significantly.

Market Dashboard

Detailed Market Statistics

Price Statistics

Median Sale Price $650K
Median List Price $599K
Price per Sq Ft $376
YoY Price Change -11.6%

Sales Activity

Homes Sold (Monthly) 7
New Listings 7
Pending Sales 13
Sale-to-List Ratio 98.4%

Inventory & Timing

Active Inventory 31
Months of Supply 4.4
Days on Market 91 days
0

Best Time to Buy in Takoma Park

Best Month to Buy

Feb

Typically lowest prices

Most Expensive Month

Apr

Peak pricing period

Seasonal Pattern

Winter is cheapest

View detailed seasonal analysis →

How Long It Takes to Sell in Takoma Park

Current DOM

91

days

Average DOM

29

days

Fastest

5

days

Slowest

109

days

Homes are currently selling slower than usual in Takoma Park.

View detailed selling time analysis →

Takoma Park, MD Real Estate Market Analysis

The Takoma Park housing market is currently characterized as a balanced market. With a median sale price of $650K and homes spending an average of 91 days on the market, conditions are relatively balanced between buyers and sellers.

Takoma Park Median Home Price in 2026

The median home price in Takoma Park, MD is currently $650K. Buyers can use that number as a quick benchmark for affordability, while sellers can use it to sense-check list price expectations. For better context, compare this figure with inventory levels, sale-to-list ratio, and neighborhood-level demand before making a move.

Takoma Park Days on Market in 2026

Homes in Takoma Park are averaging 91 days on market. That metric helps show whether listings are moving quickly or sitting long enough for buyers to negotiate. If median days on market starts falling while inventory stays tight, sellers usually gain more leverage.

Is Takoma Park a Good Place to Buy a House in 2026?

Buyers should compare current pricing, inventory, and seasonal trends before making an offer. If you want the lowest typical prices, review our best time to buy in Takoma Park guide. Sellers should also review our how long homes take to sell in Takoma Park analysis.

What to Expect When Buying in Takoma Park

The balanced market conditions mean you can take a measured approach to buying, though well-priced homes will still attract multiple offers.

Should You Buy, Sell, or Wait in Takoma Park?

If you are buying, watch months of supply, price cuts, and how often homes sell above list. If you are selling, focus on pricing strategy and median days on market. In a fast market, buying sooner may protect you from higher prices. In a slower market, waiting can give you more leverage and more choices.

Selling Your Home in Takoma Park

Homes in Takoma Park are selling at 98.4% of their list price on average. The typical time to sell is 91 days from listing to closing. Check current real estate commission rates in Maryland to understand your selling costs.

Useful Next Steps

For deeper timing data, review our best time to buy in Takoma Park page and our how long it takes to sell in Takoma Park report. If you want boots-on-the-ground advice, connect with a local real estate agent who knows the Takoma Park market block by block.

Takoma Park, MD Housing Market Forecast & Predictions

Based on current trends, here is our data-driven outlook for the Takoma Park real estate market heading into 2026.

Price Forecast

A 11.6% decline signals a significant correction. Buyers may find better deals as sellers adjust expectations.

Inventory Outlook

With 4.4 months of supply, the market is approaching balance. Neither buyers nor sellers hold a decisive advantage.

Selling Speed

With 91 days on market, homes are taking longer to sell. Strategic pricing will be key for sellers in 2026.

Bottom line: The Takoma Park market is balanced. Both buyers and sellers benefit from having a skilled local real estate agent to navigate current conditions. Find a Takoma Park real estate agent to get personalized market advice.

You can also compare nearby markets, review monthly price trends, and track days on market to spot when negotiating power is shifting. Those signals often matter just as much as headline median prices.

Frequently Asked Questions About Takoma Park Real Estate

Is Takoma Park, MD a good place to buy a house in 2026?

Takoma Park, Maryland has a active with steady buyer interest real estate market in 2026. The median home price is $650K. Homes typically sell in 91 days. Working with a local agent helps you navigate the market and find the best opportunities.

How much does a house cost in Takoma Park, MD?

The median home price in Takoma Park, Maryland is $650K as of 2026. A local real estate agent can help you find homes within your budget and identify upcoming listings.

How long does it take to sell a house in Takoma Park, MD?

Houses in Takoma Park, Maryland typically sell in 91 days on average. Market conditions favor strategic pricing and professional marketing. A top local agent can help sell your home faster and for the best price.

How much do real estate agents charge in Takoma Park, MD?

Real estate agent commissions in Takoma Park, Maryland typically range from 5-6% of the sale price, split between buyer's and seller's agents. Our free matching service connects you with vetted local agents at no additional cost to you—we're compensated through standard referral fees from the agent's existing commission.

Is Takoma Park, MD good for first-time home buyers?

Takoma Park, Maryland offers opportunities for first-time buyers, though prices may require first-time buyer assistance programs. Maryland offers several first-time buyer programs including down payment assistance. A local agent experienced with first-time buyers can guide you through the process and available programs.

Find a Takoma Park Real Estate Agent

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