Housing in Townsend, TN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$850,000

Median List Price

$657,400

Price Per Sq Ft

$475

Days on Market

157

Active Inventory

7

Months of Supply

1.4

Seller's market

Zillow Home Value

$386,360

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 113.9%List Price 113.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

40.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

121.5%

Seller's market

Sold Above Asking
40.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
28.6%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

2

Pending Sales

1

Homes Sold 25.0%New Listings 50.0%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$475

Median List $/SF

$226

Sale $/SF 34.9%List $/SF 34.5%Mar 24Jan 26

Townsend vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Townsend is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$332,800

Median Rent

$1,317

Total Housing Units

445

Vacancy Rate

43.1%

Owner Occupied

89.7%

Renter Occupied

10.3%

Median Property Tax

$1,630

per year

Monthly Cost (w/ Mortgage)

$893

Housing Types

Single Family
76.0%
Multi-Family
22.5%
Mobile Home
1.6%

The current median sale price in Townsend, TN is $850,000 according to Redfin data. Homes spend a median of 157 days on the market. 40.0% of homes sold above asking price. The market has 1.4 months of supply. The median price per square foot is $475. The median rent is $1,317 per month (Census ACS). About 89.7% of housing units are owner-occupied. The median year homes were built is 1990. There are 445 total housing units.