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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Townsend is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Townsend was a Neutral 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, TN cost?

Median Sold Price

$372,000

$338/sqft

Based on all homes sold in April 2022.

Difference Since Last Month

-$78,000(-17.3%)

Key Takeaway

Homes in Townsend have sold for 17.3% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2022Apr 2022%
1 --
N/A
2 $350K$372K
+6.3%
3 $550K-
N/A
4 --
N/A
5+ --
N/A

How many homes are available in Townsend, TN?

Number of Homes For Sale

Mar 2022Apr 2022%
1213+8.3%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 910
+11.1%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was 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. 33.3% of homes here sold below asking price last month.

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

New

Backup Offers

235 Bishops Cap Cir Unit 102, Townsend, TN 37882

235 Bishops Cap Cir Unit 102, Townsend, TN 37882

$379,900
1,099 SqFt
2 Bedrooms
~$1,700/mo.*2 Full Baths
#1193161Listing Office:
Realty Executives AssociatesMLS logo

Backup Offers

229 Bishops Cap Cir Unit 205, Townsend, TN 37882

229 Bishops Cap Cir Unit 205, Townsend, TN 37882

$384,900
1,099 SqFt
2 Bedrooms
~$1,700/mo.*2 Full Baths
#1191116Listing Office:
Century 21 LegacyMLS logo

Backup Offers

310 Sandy Ln, Townsend, TN 37882

310 Sandy Ln, Townsend, TN 37882

$675,000
1,900 SqFt
2 Bedrooms
~$3,000/mo.*3 Full Baths
#1190958Listing Office:
Realty Executives Main StreetMLS logo
229 Bishops Cap Cir Unit 107, Townsend, TN 37882

229 Bishops Cap Cir Unit 107, Townsend, TN 37882

$389,900
1,099 SqFt
2 Bedrooms
~$1,750/mo.*2 Full Baths
#1190485Listing Office:
Realty Executives AssociatesMLS logo

Backup Offers

229 Bishops Cap Cir Unit 106, Townsend, TN 37882

229 Bishops Cap Cir Unit 106, Townsend, TN 37882

$379,900
1,099 SqFt
2 Bedrooms
~$1,700/mo.*2 Full Baths
#1189691Listing Office:
Mountain Realty GroupMLS logo
229 Riverview Rd, Townsend, TN 37882

229 Riverview Rd, Townsend, TN 37882

$985,000
3,467 SqFt
3 Bedrooms
~$4,400/mo.*2 Full Baths, 2 Partial
Scarlett Jones#2379323Listing Office:
Reliant Realty ERA PoweredMLS logo
Wears Valley Rd, Townsend, TN 37882

Wears Valley Rd, Townsend, TN 37882

$2,000,000
20.25 Acres 
~$8,950/mo.*
#1186513Listing Office:
Realty Executives AssociatesMLS logo
7239 E Lamar Alexander Pkwy Unit 250/260, Townsend, TN 37882

7239 E Lamar Alexander Pkwy Unit 250/260, Townsend, TN 37882

$549,900
1,200 SqFt
2 Bedrooms
~$2,450/mo.*2 Full Baths
#1184508Listing Office:
Century 21 LegacyMLS logo

Backup Offers

338 Shooting Star Loop Unit 206, Townsend, TN 37882

338 Shooting Star Loop Unit 206, Townsend, TN 37882

$379,900
1,057 SqFt
2 Bedrooms
~$1,700/mo.*2 Full Baths
#1181580Listing Office:
Parkside Realty ServicesMLS logo
Wears Valley Rd, Townsend, TN 37882

Wears Valley Rd, Townsend, TN 37882

$45,000
3.00 Acres 
~$200/mo.*
#1179784Listing Office:
Coldwell Banker Nelson RealtorsMLS logo

About Townsend, TN

There are 13 homes are for sale in Townsend, TN real estate market. In April 2022 in Townsend, TN there were 8.3% more homes for sale than in March 2022. Between April 2021 and April 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 6.3%, 3 bedrooms properties prices increased by 0%, prices of 4 bedrooms properties increased by 0%, prices of 5 bedrooms properties increased by 0%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 11.1%, the quantity of 3 bedrooms homes have not changed, 4 bedrooms homes inventory did not change, 5 bedrooms homes inventory did not change. Townsend, TN housing market in April 2022 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 1 sold below.

MLS Disclaimers and Copyright

Based on information from Knoxville MLS, and RealTracs Middle Tennessee Regional MLS for the period 03/01/2022 - 05/01/2022

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2022 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2022, 8:20:24 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX© 2022 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2022, 12:45:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.