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Featured local agent — Townsend, DE
Sarah Mitchell
Compass Real Estate · Townsend, DE
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Townsend, DE Housing Market & Real Estate
Housing market overview · Updated monthly ·
$497,500median sale price
How is the Townsend, DE housing market right now?
The median home sale price in Townsend, DE is $497,500, up 55.5% year-over-year. Homes sell in an average of 29 days with 10 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Townsend a buyer's or seller's market?
Townsend, DE is currently a balanced market, based on 5.0 months of supply and homes selling in about 29 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
29
Average pace
Active listings
10
5.0 months supply
Sale-to-list
98.9%
Below asking
What does the Townsend housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $497,500 |
| Median list price | $614,500 |
| Year-over-year price change | +55.5% |
| Average days on market | 29 days |
| Active inventory | 10 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 98.9% |
| Median price per sq ft | $177/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Listings with a price cut | 20.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Townsend by property type?
How the Townsend, DE market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $497,500 | $177/sq ft | 2 | 29 days |
Source: Redfin · Updated monthly
The Townsend housing market is currently classified as a balanced market with a median sale price of $497,500. Prices have risen 55.5% compared to last year, with homes spending an average of 29 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Townsend
There are currently 10 homes listed for sale in Townsend, Delaware. The median listing price is $615K.
Active listings
10
Homes on market
Median list price
$615K
Avg. days on market
29
Days until sale
New this week
2
Newly listed
Who lives in Townsend?
Population
2,792
Median income
$153,083/yr
Median age
36.2 years
Owner-occupied
93.3%
College grads
42.7%
Avg commute
33.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Townsend?
Zillow home value
$506,092
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Townsend?
Townsend is a community of approximately 3K residents with a median age of 36.2 years.The median household income is $153,083, which reflects a relatively affluent area with strong earning potential. 42.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 93.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Townsend offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Townsend?
6 schools tracked · 3,659 students
The largest public schools serving Townsend, DE by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Odessa High School
Grades 9-12 · 1,190 students
Cantwells Bridge Middle School
Grades 6-8 · 854 students
Old State Elementary School
Grades 1-5 · 788 students
Townsend Elementary School
Grades 1-5 · 434 students
Spring Meadow Early Childhood Center
Grades K · 201 students
Townsend Early Childhood Center
Grades K · 192 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Townsend, DE?
Want a head-to-head view? Compare Townsend side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Townsend?
The median home sale price in Townsend is $497,500, up 55.5% from last year.
How long do homes stay on market in Townsend?
Homes typically spend 29 days on market before going under contract.
What is the median income in Townsend?
The median household income is $153,083 per year.
Is Townsend a buyer's or seller's market?
With 5.0 months of supply, Townsend is currently a balanced market.
What is the Zillow home value estimate for Townsend?
The Zillow Home Value Index (ZHVI) for Townsend is $506,092, representing the typical home value in the area.
How much does a single-family home cost in Townsend?
The median single-family home price in Townsend, DE is $497,500 (about $177 per square foot).
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