Zip 37882 (Townsend, TN) Housing


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The housing market in 37882 Townsend, TN is thriving. The median value of a home in this area is $356,500, much higher than the US house median value of $338,100. This area has seen an impressive 21.68% appreciation rate over the last year, significantly higher than the national average of 8.27%. With such strong returns, buying or selling a home in Townsend could be a great investment opportunity.

The median home cost in Townsend (zip 37882) is $356,500. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Townsend (zip 37882) is up 27.0%.

Average Age of Homes
- The median age of Townsend (zip 37882) real estate is 25 years old
The Rental Market in Townsend (zip 37882)
- Renters make up 13.5% of the Townsend (zip 37882) population
- 0.8% of houses and apartments in Townsend (zip 37882), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingTownsend, TennesseeUnited States
  2,565.0139,647,020.0
  2742
  $356,500$338,100
  27.0%16.6%
  87.9%57.0%
  114.6%101.1%
  $5.61$10.98
  $1,391$2,690
  40.6%57.4%
  49.1%11.2%
  10.3%31.4%
  Vacant Housing
  0.8%1.9%
  0.0%0.4%
  1.6%0.7%
  0.0%0.4%
  41.2%3.6%
  5.5%4.1%
  Value of Owner-Occupied Housing
  2.1%2.6%
  1.5%2.4%
  3.2%2.8%
  5.1%3.9%
  6.6%4.5%
  12.8%11.3%
  10.1%13.0%
  20.1%20.1%
  12.1%13.6%
  4.7%8.3%
  17.5%9.7%
  2.4%3.9%
  0.5%2.2%
  1.3%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  26.1%13.6%
  26.1%13.6%
  28.0%13.6%
  13.7%13.2%
  7.8%14.8%
  28.0%13.6%
  3.1%10.0%
  4.7%4.7%
  4.4%12.2%
Commute