Townsend, DE
Housing market overview · Updated weekly
$665,000median sale price
Homes sold
1
Last 12 weeks
Days on market
20
Fast-moving
Active listings
14
14.0 months supply
Sale-to-list
100.0%
Above asking
The Townsend housing market is currently classified as a buyer's market with a median sale price of $665,000. Prices have risen 8.2% compared to last year, with homes spending an average of 20 days on market, indicating 14.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Explore nearby cities in DE
Frequently asked questions
What is the average home price in Townsend?
The median home sale price in Townsend is $665,000, up 8.2% from last year.
How long do homes stay on market in Townsend?
Homes typically spend 20 days on market before going under contract.
Is Townsend a buyer's or seller's market?
With 14.0 months of supply, Townsend is currently a buyer's market.
Get Townsend market alerts
Weekly updates on prices, inventory, and trends. Free forever.