Takoma Park, MD 20912 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Takoma Park, MD—20912

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$699,000

0.8% YoY Growth

Household Income

$82,100

11.0% YoY Growth

Days on Market

220.0% Longer YoY

Home Price Forecast

-1.2%

Median Rent

$1,520

4.9% YoY Growth

1-Bed Rent

$1,450

2.8% YoY Growth

2-Bed Rent

$1,800

4.3% YoY Growth

3-Bed Rent

$2,900

5.6% YoY Growth

Home Price Trends — Takoma Park, MD

As of May '26, the median home price in Takoma Park, MD is $699,000, with a year-over-year change of -0.8%. This indicates that home prices in Takoma Park, MD are flat. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$699,000	-0.8%
Single Family	$755,000	-1.0%
Condos	$229,000	-5.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Takoma Park, MD

As of July '25, Rentcast reports the average rent in Takoma Park, MD is $1,740, with a year-over-year rent change of -4.9%. Per bedroom, the median rent as of July '25 in Takoma Park, MD is studios: $1,220, 1-bedrooms: $1,480, 2-bedrooms: $1,930, 3-bedrooms: $2,860, 4-bedrooms: $3,850. The most common rental property sizes in Takoma Park, MD are 1-bedroom and 2-bedroom, accounting for 37.6% and 36.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,520	$1,740
Studio Rent	$1,200	$1,220
1 Bed Rent	$1,450	$1,480
2 Bed Rent	$1,800	$1,930
3 Bed Rent	$2,900	$2,860
4 Bed Rent	$3,500	$3,850

Loading chart...

% of Rental Stock

Studio

9.9%

1 Bedroom

37.6%

2 Bedrooms

36.6%

3 Bedrooms

11.8%

4 Bedrooms

3.5%

5+ Bedrooms

0.6%

Property Listings — Takoma Park, MD

As of May '26, Realtor.com reports that the median days on market for a home in Takoma Park, MD is 48. This is a increase of 220.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$600,000	-6.0%
Listing Count	49	-3.0%
Listings as % of Homes	0.3%	-3.0%
Days on Market	48	220.0%

Loading chart...

Demographics — Takoma Park, MD

As of the latest ACS Survey released in 2023, Takoma Park, MD has a population of 25,400, which has decreased by -3.1% over the past 5 years. Takoma Park, MD is a popular place for families, as children make up 27.6% of the population. The area has a highly educated workforce, with 51.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	25,400	-3.1%
% Under 18	27.6%	14.0%
% Seniors	11.5%	26.4%
% WFH	22.1%	370.2%
% w/ College Degree	51.2%	0.0%

Loading chart...

As of the latest ACS Survey released in 2023, Takoma Park, MD is a predominantly white area, with 33.7% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Takoma Park, MD is black, making up 32.3% of the population. Foreign-born residents account for 36.2% of the population in Takoma Park, MD, and this percentage has decreased by 3.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	33.7%	-5.3%
% Black	32.3%	-14.6%
% Hispanic	25.1%	27.4%
% Asian	4.0%	-7.0%
% Foreign Born	36.2%	-3.2%

Loading chart...

Mortgage and Risk — Takoma Park, MD

According to HUD data as of 2023, there were 244 mortgage originations in Takoma Park, MD, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Takoma Park, MD. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	244
% Conventional Loans	91.0%
% Government Loans	9.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	5.0%

Loading chart...

Rentals and Section 8 — Takoma Park, MD

As of 2024, the percent of homes in Takoma Park, MD under the Section 8 program is 9.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Takoma Park, MD, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	524
Total Units Section 8	503
% Rentals under Section 8	9.1%
% Occupied Section 8	96.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$230	$1,450	$1,680
2 Bedroom	$90	$1,800	$1,890
3 Bedroom	-$540	$2,900	$2,360
4 Bedroom	-$710	$3,500	$2,790

Takoma Park, MD—20912

Key Metrics at a Glance

Home Price Trends — Takoma Park, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Takoma Park, MD

% of Rental Stock

Property Listings — Takoma Park, MD

Demographics — Takoma Park, MD

Race and Ethnicity

Mortgage and Risk — Takoma Park, MD

Mortgages

Rentals and Section 8 — Takoma Park, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Takoma Park, MD

Home Price to Income Ratio

Takoma Park, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Takoma, Washington, DC

Petworth, Washington, DC

Langley Park, MD

Hyattsville, MD

Silver Spring, MD

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	8.1
Median Home Price	$699,000
Median Household Income	$82,100

Takoma Park, MD—20912

Key Metrics at a Glance

Home Price Trends — Takoma Park, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Takoma Park, MD

% of Rental Stock

Property Listings — Takoma Park, MD

Demographics — Takoma Park, MD

Race and Ethnicity

Mortgage and Risk — Takoma Park, MD

Mortgages

Rentals and Section 8 — Takoma Park, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Takoma Park, MD

Home Price to Income Ratio

Takoma Park, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Takoma, Washington, DC

Petworth, Washington, DC

Langley Park, MD

Hyattsville, MD

Silver Spring, MD

Frequently Asked Questions

What is the average home price in Takoma Park, MD 20912?

How have home prices in Takoma Park, MD 20912 changed over the past year?

What is the home price projection for Takoma Park, MD 20912?

What are the demographics of Takoma Park, MD 20912?

How long does it take homes to sell in Takoma Park, MD 20912?

What is the average rent price in Takoma Park, MD 20912?