Townsend, DE Housing Market & Real Estate

Buyer's market+8.2% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Townsend, DE is $665,000, up 8.2% year-over-year. Homes sell in an average of 20 days with 14 active listings. The market is currently a buyer's market.

$665,000median sale price

Is Townsend a buyer's or seller's market?

Buyer's market14.0 months of supply20 avg. days on market

Townsend, DE is currently a buyer's market, based on 14.0 months of supply and homes selling in about 20 days. How we determine this →

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

Townsend, DE market data

Current housing market statistics for Townsend, DE
MetricValue
Median sale price$665,000
Median list price$495,000
Year-over-year price change+8.2%
Average days on market20 days
Active inventory14 listings
Months of supply14.0 months
Sale-to-list price ratio100.0%
Market conditionBuyer's market

Source: Redfin · Updated weekly

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

Homes for sale in Townsend

There are currently 14 homes listed for sale in Townsend, Delaware. The median listing price is $495K.

Active listings

14

Homes on market

Median list price

$495K

Avg. days on market

20

Days until sale

New this week

4

Newly listed

Price drops:14.3%of listings
Sale-to-list:100.0%

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.

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