New Weakening in Home Prices for Takoma Park Real Estate Market

Home sales in the Takoma Park market stayed soft in this week's report as they dropped 23.1% to 10 homes sold over the last 30 days. In comparison, nearby Washington had 631 sales in the same time frame, the most of all neighboring cities. The median sales price of homes sold came in at $438,000, which extended a downward swing in price to four weeks.

If you don't want to spend too much for a home, start by taking a look a these affordable listings in Takoma Park:

$103K   $134K   $138K  

Get started right now by checking out Takoma Park homes for sale or reviewing Takoma Park real estate trends.

Demographic facts for Takoma Park:

  • The average age of the population is 37 years old.
  • This area has a health cost index score of 102.1. (100 = national average)
  • The commute times can range from: <15 min (12.1%), 15-29 min (28.7%), 30-44 min (35.6%), 45-59 min (12.2%), >60 min (11.5%).

Data reported through 10/12/2016

Comments:

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Keller Williams Capital Properties
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Coldwell Banker Residential Brokerage
Snapped 1 home in this area
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