Townsend, TN
Housing market overview · Updated weekly
$345,000median sale price
Homes sold
1
Last 12 weeks
Days on market
186
Average pace
Active listings
8
8.0 months supply
Sale-to-list
95.9%
Below asking
The Townsend housing market is currently classified as a buyer's market with a median sale price of $345,000. Prices have fallen 38.4% compared to last year, with homes spending an average of 186 days on market, indicating 8.0 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 8 homes listed for sale in Townsend, Tennessee. The median listing price is $575K.
Active listings
8
Homes on market
Median list price
$575K
Avg. days on market
186
Days until sale
New this week
3
Newly listed
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Frequently asked questions
What is the average home price in Townsend?
The median home sale price in Townsend is $345,000, down 38.4% from last year.
How long do homes stay on market in Townsend?
Homes typically spend 186 days on market before going under contract.
Is Townsend a buyer's or seller's market?
With 8.0 months of supply, Townsend is currently a buyer's market.
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