Townsend, TN is a town with a great housing market. The median value of a house in Townsend is $383,900, which is much higher than the US house median value of $338,100. Additionally, the appreciation rate for homes in Townsend over the last year has been 21.68%, significantly higher than the US 1 year house appreciation of 8.27%. This increasing value and appreciation thus makes Townsend an attractive destination for prospective homebuyers looking to invest in real estate.
The median home cost in Townsend is $383,900. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Townsend is up 27.0%.
Average Age of Homes
- The median age of Townsend real estate is 38 years old
The Rental Market in Townsend
- Renters make up 6.1% of the Townsend population
- 0.0% of houses and apartments in Townsend, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.