Is Townsend, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Townsend was a Buyer's Market.
Housing Prices in Townsend, GA
How much do homes in Townsend, GA cost?
Median Sold Price
$345,000
$254/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Townsend was $345,000 in April 2024, down 19.8% from last month, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $345K | N/A |
3 Bedrooms | $430K | $361.5K | -15.9% |
4 Bedrooms | - | $391.4K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Townsend housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Townsend, GA
How many homes are available in Townsend, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 43 | +7.5% |
Summary: The Townsend real estate market had 43 homes for sale in April 2024, a 7.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 18 | 19 | +5.6% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Townsend housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 9 | +200.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Townsend in April 2024, up by 200.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.
Days on Market for Townsend, GA
How long does it take to sell a home in Townsend, GA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
76 Days | 92 Days | +20.6% |
Summary: Homes in Townsend had an average of 92 days on market in Apr 2024, up by 20.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Townsend; 0% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.