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.