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Foreclosure Homes in Townsend, TN 37882

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Townsend, TN Foreclosures

How much do homes sell for in Townsend, TN?
The average home price is currently $444,061.
In Townsend, TN, how many homes are available?
There are currently 3 active home listings available in Townsend.
What’s the average rental cost in Townsend, TN?
The average rental price in Townsend is $1,319.
What is the most expensive home in Townsend?
The most expensive home sold in Townsend had a price of $15,629,487.
What is currently the cheapest priced home in Townsend, TN?
The cheapest home for sale in Townsend is priced at $13,301.

Living in Townsend, TN

Townsend, TN, is a picturesque town located near the Great Smoky Mountains, offering stunning outdoor activities and a close-knit community atmosphere. With its charming local businesses and strong educational facilities, it's an ideal place for families and individuals looking to escape the busyness of city life. The availability of numerous parks and recreational activities makes Townsend a perfect choice for nature lovers.

Current Market Conditions in Townsend, TN

The real estate market in Townsend has been experiencing steady growth, with prices increasing by about 5% over the last year. The demand for homes near the Smoky Mountains has attracted both individuals looking for vacation properties and families seeking permanent residence.

In recent months, the number of available listings has decreased, leading to increased competition among buyers. Properties that offer scenic views or unique amenities are in high demand, often selling quickly.

Home Value Estimator For Townsend, TN

There are currently 2,655 real estate properties in Townsend, TN, with a median automated valuation model (AVM) price of $356,548.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Townsend, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Townsend, TN, is $444,061.00, with the most expensive house in Townsend, TN, topping out at $15,629,487.00 and the cheapest home in Townsend, TN, clocking in at $13,301.00. In other words, there’s something for every potential homebuyer or savvy investor in Townsend, TN!

Rent Prices In Townsend, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Townsend, TN, is on a rollercoaster ride. The average rent price in Townsend, TN, is $1,319.00. Indeed, when looking to rent in Townsend, TN, you can expect to pay as little as $520.00 or as much as $2,660.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in Townsend, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Townsend, TN 37882 Foreclosures

Market Trend for Townsend, TN

Total Listings Available: 3

Market Values:

Home Prices from $13,301 to $15,629,487

Average Sales Price: $444,061

Rental Values:

Rental from $520 to $2,660

Average Rent Value: $1,319 / month

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