Home Values

Takoma Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$457,200

  • -4.3% 1-year change
  • -2.2% 1-year forecast

The median home value in Takoma is $457,200. Takoma home values have declined -4.3% over the past year and Zillow predicts they will fall -2.2% within the next year. The median list price per square foot in Takoma is $335. The median price of homes currently listed in Takoma is $380,000. The median rent price in Takoma is $1,870, which is lower than the Washington median of $2,300.

Foreclosures will be a factor impacting home values in the next several years. In Takoma 11.9 homes are foreclosed (per 10,000). This is greater than the Washington value of 0.9 and also greater than the national value of 3.8

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Relative ZHVI
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Takoma Market Overview

Data through Jun 30, 2015
  • $457,200 ZHVI
  • -2.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jun 30, 2016)
  • No recent data Median listing price
  • No data Median sale price
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Takoma Market Health

Data through Jun 30, 2015
  • 0.2/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

12(May 31, 2014) Takoma
1 Washington
4 United States
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Nearby Neighborhoods

Name Median ZHVI
Barnaby Woods $1,019,400
Colonial Village $880,300
Shepherd Park $728,800
Name Median ZHVI
Sixteenth Street Heights $566,400
Brightwood $548,300
Petworth $469,100
Name Median ZHVI
Manor Park $427,600
Brightwood Park $393,800
Riggs Park $315,000

Listings & Sales

  • No data
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Takoma Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $2,479 Takoma
    $2,522 Washington
    $1,369 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $1,870 Rent list price
  • $2.61 Rent list price / sq ft
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