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Housing in Townsend

22 homes sold in Townsend in the last year, at a typical $512K

Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Townsend homes are listed.

Homes sold
22
June 2025 to May 2026
Typical sale price
$512K
houses $738K · condos $363K
Price per square foot
$360
Tennessee $210
Paid vs. asking
101.1%
9% sold over asking
For sale now
14
May 2026 · 1 sold that month
What sold · last 12 months

45% of Townsend’s sales are condos, at $375K less than a house

11 houses and 10 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$738K

typical sale · 11 sold in 12 months

Per square foot
$391TN $209
Days to sell
108
Sold over asking
18%
Listings with a price cut
21%
Condos$363K

typical sale · 10 sold in 12 months

Per square foot
$328TN $262
Days to sell
222
Sold over asking
0%
Listings with a price cut
24%
Fewer sales

Townhouses: 1 sold, typical $523K

Too few sales in 12 months for reliable figures.

5 years of sales

About as many homes sell as usual, at 2.4 times the 2016 price

22 sales in the last year, against 31 in 2022 and a low of 15 in 2017. The typical sale went from $212K in 2016 to $512K.

Homes soldTypical sale price
012253750$225K$350K$475K$600K2016: 21 sold, typical $212K’162017: 15 sold, typical $237K2021: 23 sold, typical $403K’212022: 31 sold, typical $413K2023: 21 sold, typical $384K’23Last 12 months: 22 sold, typical $512KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Townsend

Houseat $391 a sq ft
Condoat $328 a sq ft
The same money in Tennesseeat $209 a sq ft

Is this asking price fair?

Check a listing against what Townsend homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Townsend home costs about $2,862 a month

Mortgage
Property tax
Insurance
Rent

Price: Townsend’s typical sale, last 12 months. Property tax at Townsend’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Townsend is affordable on local pay is on Cost of living.

Before you buy in Townsend

Four things worth knowing

0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $512K home, about $2,290 a year.

Taxes vs. neighbors
30 min

Typical commute

The average one-way trip to work for people who live in Townsend.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Eagleton Village, Maryville, Seymour, Gatlinburg and Alcoa sell for less a square foot

The busier markets within 25 miles of Townsend, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Maryville501$386K$21618%61
Gatlinburg250$555K$3395%105
Pigeon Forge240$543K$36410%105
Seymour179$352K$21020%54
Alcoa146$350K$23324%64
Eagleton Village86$280K$22131%66
Townsend22$512K$3609%172

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Townsend, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Townsend. People who follow the town see it, and so do people comparing Townsend with their own town. No commission, no listing fee.

Questions about buying a home in Townsend

What do homes sell for in Townsend, TN?

22 homes sold in the year to May 2026 at a typical $512K, $360 a square foot. Houses sold for about $738K, condos for about $363K.

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

A buyer’s market: 14 homes were for sale in May 2026 and 1 sold, about 14 months of supply. Buyers paid 101.1% of asking on average, and 20% of listings cut their price.

How much are property taxes in Townsend?

About 0.5% of a home’s value a year. On a $512K home that’s near $2,290.

Where can I see homes for sale in Townsend?

Zillow, Redfin, Realtor.com and Homes.com all carry Townsend’s MLS listings; the search links above open each one filtered to Townsend.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).