Takoma Park, MD Real Estate

According to census data in the year 2000 there were 7,173 housing units in Takoma Park. This represents a 0.6% growth from 7,133 in 1990.

Of those housing units, 7,173 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Takoma Park is about 45.5%. Takoma Park's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Takoma Park were built after 1951.


Housing Size

Housing Units by Size
Studio Type6.50%
One Bedroom24.60%
Two Bedrooms28.40%
Three Bedrooms26.20%
Four Bedrooms11.10%
Five Bedrooms or more3.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1943
Median Value of occupied units$189,200
Median Price asked for vacant units$144,900

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1959
Median Monthly Rent asked for vacant units$676

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage10.20%
Home Equity Loan7.10%
Simple Mortgage62.60%
Debt Free19.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.3%