In October 2017, there were 15 homes sold, with a median sale price of $480,000 - a 1.5% decrease over the $487,500 median sale price for the same period of the previous year. There were six homes sold in Takoma Park in October 2016.
The median sales tax in Takoma Park for the most recent year with available data, 2016, was $7,500, approximately 1.6% of the median home sale price for October 2017.
The following table compares Takoma Park to other Montgomery County cities with similar median sales prices in October 2017:
| City | Oct. 2017 Home Sales | Oct. 2016 Home Sales | % change (Total Home Sales) | Oct. 2017 Median Sales Price | Oct. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Washington Grove | 1 | 0 | - | $545,000 | $0 | - |
| Clarksburg | 12 | 5 | 140% | $510,224.50 | $380,000 | 34.3% |
| Olney | 34 | 19 | 78.9% | $500,000 | $473,800 | 5.5% |
| Silver Spring | 45 | 31 | 45.2% | $490,000 | $438,000 | 11.9% |
| Derwood | 16 | 5 | 220% | $482,500 | $550,000 | -12.3% |
| Takoma Park | 15 | 6 | 150% | $480,000 | $487,500 | -1.5% |
| Forest Glen | 5 | 3 | 66.7% | $480,000 | $450,000 | 6.7% |
| Rockville | 60 | 26 | 130.8% | $478,750 | $567,500 | -15.6% |
| Gaithersburg | 57 | 30 | 90% | $457,500 | $414,300 | 10.4% |
| Colesville | 18 | 14 | 28.6% | $435,500 | $402,000 | 8.3% |
| Aspen Hill | 41 | 20 | 105% | $430,000 | $377,450 | 13.9% |
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