Townsend, GA Home Values & Market Trends

Real estate market trends reflect that there have been 187 transactions over the past year in Townsend. The median value for residential home transactions that occurred over the previous year is $235,638.04. The number of current listings in Townsend is 38, and the percentage of properties for sale in the city is 38.00%. Townsend, GA currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 38 properties for sale.

Townsend, GA Real Estate Market Overview

ZipMedian Est. Value
31331

$ 354,950

$ 202/sqft

Housing Market Summary for Townsend, GA

Apr 2023March 2024Change
Median Listing Price$422K$230.1K-45.47%
Median Sold Price$181.7K$230.1K26.65%
Homes For Sale1635118.75%
Homes Sold9567-29.47%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Townsend, GA

Townsend home values range from $20,000 to $2,950,000. The median estimated value of a home in Townsend is $235,638.04. The median list price of a home is 319,950, and the total count of properties in the city is 4,230.

Foreclosure
There is 1 zips within Townsend, GA; within this zips, the median estimated home value for homes in foreclosure ranges from $263,061 in 31331 to the lowest value of $263,061 in 31331. Foreclosure homes account for 0.00% of properties in Townsend, GA with 31331 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Townsend, GA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Townsend, GA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Townsend, GA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Townsend, GA. There is 1 zips within Townsend, GA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    31331 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Townsend, GA. Auction homes and other auction properties account for 0.02% of all properties in Townsend, GA. There is 1 zips within Townsend, GA; of that zips, the median estimated home value for homes going to auction ranges from $263,061 in 31331 to the lowest value of $263,061 in 31331.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.90% of residential properties in Townsend, GA with 31331 containing 38 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Townsend, GA; homes for sale in that zips, have a range of median values from $2,950,000 in 31331 to the lowest value of $54,142 in 31331.
    Sold Homes
    The median value for recently sold homes ranges from $1,723,378 in 31331 to the lowest price of $20,400 in 31331. There is 1 zips within Townsend, GA. 31331 has 88 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.08% of properties in Townsend, GA.

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      Guide for Townsend, GA

      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Atlanta Real Estate Market Snapshot – March 2024
      Home Buying Guides & Tips
      Georgia Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Atlanta Real Estate Market Snapshot – March 2024
      Market Reports|posted 28 March 2024

      The Atlanta real estate market, with values and inventory levels fluctuating, continues to evolve based on numerous factors. Detailed data, including average property value, per square foot value, and property counts, outlines these trends, enabling buyers, sellers, and investors to understand and navigate the market effectively.

      Georgia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Georgia foreclosure laws and processes are important to know for real estate investors. Get all the information on GA foreclosure timelines and laws here

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Recently Listed Homes Townsend, GA

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