Is Townsend, GA 31331 a buyer’s or seller’s market?
Townsend is a buyer’s market. With about 7.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 4% of U.S. ZIP codes, and #352 of 371 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Townsend housing market right now
In the three months ending August 31, 2026, 8% of homes in Townsend, GA 31331 sold above their list price, the typical home went under contract in 89 days and there were 7.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 37 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (9% then), homes sold more slowly (86 days then) and the median sale price held steady to $436,261. Overall, Townsend is about as competitive as it was a year ago.
On our competition score, Townsend ranks #352 of 371 GA ZIP codes with enough sales (score 10 out of 100).
Run the numbers for 31331
Nearby markets
Darien 31305Buyer’s market $207 /sq ftSapelo Island 31327 — /sq ft Browse all markets →Towns like Townsend nearby
Find towns like Townsend in other states →Where Townsend is
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Questions about Townsend real estate
Is Townsend a buyer’s or seller’s market?
A buyer’s market: there were 7.4 months of supply in Townsend, GA 31331 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Townsend?
The typical home went under contract in 89 days in the latest three months.
Do homes in Townsend sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Townsend?
About 0.80% of a home’s value a year in McIntosh County, or roughly $3,200 on a $400,000 home.
What is the median home price in Townsend?
The median sale price was $436,261 in the three months ending August 31, 2026, about $206 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology