Home prices
The median home in Townsend costs $232,600. It is about $51,420 (28%) higher compared to its surrounding areas.It is roughly $15,100 (6%) higher in comparison to the country as a whole, and is about $96,300 (70%) higher in comparison to the city of Knoxville.
Rents
The median monthly rent in Townsend is $775. Compared to the surrounding areas this is about $91 (10%) lower.It is approximately $287 (27%) lower in comparison to the US as a whole, and it is roughly $70 (8%) lower compared to the city of Knoxville.
Nearby places
Wildwood
Wildwood is approximately 10 miles northwest from Townsend. The housing prices there are somewhat less expensive. Wildwood's median home value is $181,500, which comes out to $51,100 (28%) lower than Townsend. Rents there are somewhat more expensive. The median rent in Wildwood is $1,034 per month, which is $259 (25%) higher than Townsend.
Eagleton Village
Eagleton Village is approximately 12 miles northwest of Townsend. Housing prices there are substantially less expensive. The median home in Eagleton Village is valued at $137,700, which works out to $94,900 (68%) lower than Townsend. The rent there is a little more expensive. In Eagleton Village the median monthly rent is $869, which works out to $94 (10%) higher than Townsend.
Maryville
Maryville is approximately 12 miles northwest of Townsend. The real estate prices there are a little less expensive. The cost of the median home in Maryville is $204,500, which comes out to $28,100 (13%) lower than Townsend. Its rents are a bit more expensive. In Maryville the median rent is $881 per month, which comes out to $106 (12%) higher than Townsend.
Pigeon Forge
Pigeon Forge is roughly 12 miles northeast from Townsend. Its real estate prices are a lot less expensive. The median home in Pigeon Forge is valued at $171,600, which comes out to $61,000 (35%) lower than Townsend. Rents there are pretty similar. In Pigeon Forge the median monthly rent is $755, which comes out to $20 (2%) lower than Townsend.
Gatlinburg
Gatlinburg is about 13 miles east from Townsend. Housing prices there are a bit less expensive. Gatlinburg's median home value is $210,600, which works out to $22,000 (10%) lower than Townsend. Its rents are similar. The median rent in Gatlinburg is $792 per month, which is $17 (2%) higher than Townsend.