Is Townsend, GA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Townsend is a seller's market


Difference Since May 2022

At the same time last year, Townsend was a Buyer's Market.

Key Takeaway

Townsend is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Townsend, GA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Townsend have sold for 6% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 --
2 $225K$207.4K
3 $343K$316.5K
4 $390K$575K
5+ $808K$692.5K

Median Sold Price Compared To Nearby Cities

Ludowici South

How many homes are available in Townsend, GA?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 11
2 00
3 78
4 49
5+ 12

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Townsend, you may be able to get a good deal. 40% of homes here sold below asking price last month.

How long does it take to sell a home in Townsend, GA?

How long does it take to sell a home in Townsend, GA?

Average Sale Time

May 2022May 2023%
13 Days39 Days+200.0%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Townsend has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Townsend, GA?

About Townsend, GA

There are 20 homes are for sale in Townsend, GA real estate market. In May 2023 in Townsend, GA there were 53.8% more homes for sale than in April 2023. The median list price of listings available in May 2023 was $322,450, while the average time on the real estate market was 39 days. Real estate listing prices changed between April 2023 and May 2023: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went down by 7.8%, 3 bedrooms properties became 7.7% more cheaper, the cost of 4 bedrooms properties went up by 47.4%, 5 bedrooms properties became 14.3% more cheaper. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes became 14.3% more available, the quantity of 4 bedrooms homes went up by 125%, number of 5 bedrooms homes increased by 100%. Over 1 listings were sold over their listed price in May 2023 in Townsend, GA. In the same period over 2 listings were sold below the listed price and 2 listings were sold for the listed price.