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Foreclosure Auction Homes in Townsend, TN

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Townsend, TN Foreclosures

How much do homes sell for in Townsend, TN?
The average home price is currently $428,353.
In Townsend, TN, how many homes are available?
There are currently 1 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 $15,523,879.
What is currently the cheapest priced home in Townsend, TN?
The cheapest home for sale in Townsend is priced at $13,251.

Living in Townsend, TN

Townsend, TN is a serene town bordered by the Great Smoky Mountains, offering a peaceful escape with plentiful outdoor activities. Its charming local businesses and community events reflect a rich Appalachian heritage. With easy access to hiking trails and beautiful scenery, Townsend is an appealing location for nature lovers looking for a slower pace of life.

Current Market Conditions in Townsend, TN

The real estate market in Townsend has seen a steady increase in property values over the last year, driven by growing interest in the area's natural beauty and outdoor activities. With a mix of primary residences and vacation rentals, the market appeals to a wide range of buyers, from local families to investors seeking rental opportunities.

Currently, housing inventory is limited, resulting in competitive pricing. Buyers looking to invest in the area should be prepared for a fast-paced market as demand continues to rise. New constructions and developments are popping up, indicating a favorable outlook for real estate in Townsend.

Home Value Estimator For Townsend, TN

There are currently 3,220 real estate properties in Townsend, TN, with a median automated valuation model (AVM) price of $342,387.00. 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 $428,353.00, with the most expensive house in Townsend, TN, topping out at $15,523,879.00 and the cheapest home in Townsend, TN, clocking in at $13,251.00. 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 Foreclosure Auction Homes


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