Market Overview
Home Prices in Townsend, TN
The median home value in Townsend, TN is $413,964 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.2% compared to a year ago and up 0% from two years prior.
Compared to the U.S. national median of $410,000, homes in Townsend are priced1% above average. Townsend is part of the Knoxville, TN metro area.
Over the past five years, Townsend home values have risen by approximately41.2%, reflecting strong long-term appreciation in this market.
Price History
Townsend Home Price Trend
City Comparison
Townsend vs. National Median
At $413,964, homes in Townsend cost 1% above the national median of $410,000. Buyers in Townsend should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Townsend?
20% Down Payment
$82,793
on $413,964
Monthly P&I
$2,159/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,742/mo
incl. taxes & insurance
Income Needed
$109,680
gross annual (30% rule)
10% Down Option
$41,396
+ PMI applies
Loan Amount (20% dn)
$331,171
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Townsend, TN?
The median home value in Townsend is $413,964 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.2% year-over-year.
How much have home prices changed in Townsend?
Over the past year, home values in Townsend have decreased by 0.2%. Over five years, prices have risen approximately 41.2%.
How much do I need to earn to buy a home in Townsend?
To comfortably afford the median home price of $413,964 with a 20% down payment ($82,793) at today's rates (6.8%), you'd need a gross annual income of approximately $109,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Townsend compare to the national average home price?
The national median home value is approximately $410,000. At $413,964, homes in Townsend are 1% above the national average.
What metro area is Townsend part of?
Townsend is part of the Knoxville, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.