Takoma Park is a small city just across the DC line from Takoma, DC, founded in 1883 as one of the region’s first railroad suburbs. It is known for its heavy tree canopy, historic houses, and a compact downtown in Old Takoma along Carroll and Laurel Avenues.
The housing is dominated by Victorian, Queen Anne, and Craftsman homes and bungalows from the late 1800s and early 1900s, many on modest lots with front porches and gardens. Much of the city lies within historic districts, and there are also mid-century homes, garden apartments, and some condominiums.
Daily life centers on Old Takoma’s independent restaurants, cafes, and shops, the Sunday farmers market, and community events through the year. Sligo Creek Park and its trail run through the eastern part of the city, and Silver Spring’s downtown is a short trip north.
Takoma station on the Red Line is just across the DC line near Old Takoma, and buses connect to Silver Spring and the Purple Line under construction. Takoma Park offers historic homes under a heavy tree canopy with a walkable small downtown and Red Line access.
Insight into the nuances of buying and selling in one of the country’s most complex urban markets.
Takoma Park covers a compact area just across the DC line, organized around the Red Line corridor and the Old Takoma downtown along Carroll Avenue and Laurel Avenue. Residential streets are relatively dense by suburban standards, with modest lots and a heavy tree canopy. The Sunday farmers market anchors community life and draws visitors from surrounding areas.
The city’s historic districts protect much of its early-20th-century streetscape, and Sligo Creek Park runs through the eastern neighborhoods, giving residents a long green corridor for walking and cycling.
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Median Sales Price
Median Price Per Sq Ft
Median Days On Market
Annual Closed Sales
YoY Median Price Change
Takoma Park is primarily a detached-house market, with garden condominiums and a few townhouses. The snapshot covers every closed sale inside the City of Takoma Park over the trailing twelve months through September 2026 — 98 detached houses, 31 condominiums, and 4 townhouses and semi-detached homes. Price per square foot uses interior living area.
Across all home types the median sale was $725,000 at about $386 per square foot, with a median of 14 days on market and sales averaging 98% of original list price. The median fell about 10% from the prior twelve months. Within segments, the detached median fell about 2% to $835,000 and the condo median fell about 12% to $202,000.
Market data reflects recent 12-month activity. Individual buildings may vary.
For Sale
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Recently Sold
Closed sales from the past 12 months — the comps that set today’s pricing.
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In-Depth Market Analysis
How pricing trends, absorption rates, and inventory levels are shaping buying and selling
Inventory Level: Balanced with selective competition
Negotiation Environment: Moderate flexibility
Typical Days on Market: 25-45 (well-priced units)
Rental Demand: Consistent due to transit proximity
Long- Term Outlook: Stable, walkability-driven value
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