In May 2017, there were 15 homes sold, with a median sale price of $620,000 - a 21.6% increase over the $510,000 median sale price for the same period of the previous year. There were 17 homes sold in Takoma Park in May 2016.
The median sales tax in Takoma Park for the most recent year with available data, 2016, was $7,500, approximately 1.2% of the median home sale price for May 2017.
The following table compares Takoma Park to other Montgomery County cities with similar median sales prices in May 2017:
| City | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Brinklow | 1 | 1 | 0% | $780,000 | $506,107 | 54.1% |
| Darnestown | 7 | 7 | 0% | $760,000 | $890,000 | -14.6% |
| North Potomac | 29 | 24 | 20.8% | $738,000 | $718,000 | 2.8% |
| South Kensington | 14 | 13 | 7.7% | $732,500 | $747,000 | -1.9% |
| North Bethesda | 32 | 29 | 10.3% | $701,000 | $725,000 | -3.3% |
| Takoma Park | 15 | 17 | -11.8% | $620,000 | $510,000 | 21.6% |
| Garrett Park | 4 | 0 | - | $597,500 | $0 | - |
| Clarksburg | 19 | 21 | -9.5% | $550,000 | $467,500 | 17.6% |
| Silver Spring | 68 | 87 | -21.8% | $545,000 | $493,401 | 10.5% |
| Forest Glen | 4 | 13 | -69.2% | $539,500 | $375,000 | 43.9% |
| Brookeville | 1 | 4 | -75% | $535,000 | $577,800 | -7.4% |
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