A typical Townsend home is worth about $409,000
Up 1.1% in a year, 22% above the Tennessee typical home.
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Townsend?
Read from the numbers below. The page puts what stands out first.
2 of Townsend’s houses are on the National Register
Half of Townsend’s homes were built before 1990.
Tennessee: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error. Historic houses: National Register of Historic Places.
A typical home costs 4.8 years of income
About the same as across Tennessee. Try your own numbers below.
That’s $51K short of a typical Townsend home.
A two-bedroom rents for about $1,310 a month here, $990 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Townsend’s typical property tax (0.45% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Up 34% in five years
Faster than Tennessee (24.8%).
Show as a table
| January | Townsend | Tennessee |
|---|---|---|
| 2017 | $185,000 | $174,000 |
| 2018 | $188,000 | $187,000 |
| 2019 | $199,000 | $198,000 |
| 2020 | $223,000 | $215,000 |
| 2021 | $252,000 | $238,000 |
| 2022 | $338,000 | $287,000 |
| 2023 | $390,000 | $313,000 |
| 2024 | $409,000 | $326,000 |
| 2025 | $411,000 | $334,000 |
| 2026 | $404,000 | $333,000 |
| August 2026 | $409,000 | $334,000 |
A typical Townsend home worth $177K in September 2016 is worth about $409K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A two-bedroom rents for about $1,310
Renters already here pay a median of $1,347.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Knoxville, TN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
14 new homes permitted in 2025
Builders were permitted 14 new homes in Townsend in 2025, all single-family houses, worth about $4.2 million to build. Over the past 10 years, Townsend has permitted 141 homes in all.
Between the 2010 and 2020 censuses, Townsend gained 102 residents while 48 new homes were permitted: about 2.1 new residents per new home. Building and growth moved roughly in step. Across Tennessee: 2 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 9 | 9 | 0 | $2.4 million |
| 2025 | 14 | 14 | 0 | $4.2 million |
| 2024 | 15 | 15 | 0 | $3.1 million |
| 2023 | 14 | 14 | 0 | $2.9 million |
| 2022 | 16 | 16 | 0 | $3.3 million |
| 2021 | 20 | 20 | 0 | $4.2 million |
| 2020 | 17 | 17 | 0 | $3.5 million |
| 2019 | 15 | 15 | 0 | $3.1 million |
| 2018 | 13 | 13 | 0 | $2.7 million |
| 2017 | 16 | 16 | 0 | $3.2 million |
| 2016 | 1 | 1 | 0 | $348,000 |
| 2015 | 1 | 1 | 0 | $240,000 |
| 2014 | 2 | 2 | 0 | $695,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 4 | 4 | 0 | $850,000 |
| 2008 | 5 | 5 | 0 | $668,000 |
| 2007 | 9 | 9 | 0 | $1.6 million |
| 2006 | 2 | 2 | 0 | $320,000 |
| 2005 | 1 | 1 | 0 | $149,000 |
| 2004 | 4 | 4 | 0 | $587,000 |
| 2003 | 2 | 2 | 0 | $160,000 |
| 2002 | 1 | 1 | 0 | $80,000 |
| 2001 | 3 | 3 | 0 | $450,000 |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
On the market in Townsend
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Townsend buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.