Is Townsend, TN 37882 a buyer’s or seller’s market?

The Townsend housing market right now

In the three months ending August 31, 2026, 12% of homes in Townsend, TN 37882 sold above their list price, the typical home went under contract in 60 days and there were 14.3 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 17 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 15%, homes sold faster (125 days then) and the median sale price rose 17% to $437,261. Overall, Townsend is more competitive than a year ago, so tougher for buyers.

Within Blount County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell less often over asking than in 56%. On our competition score, Townsend ranks #228 of 299 TN ZIP codes with enough sales (score 19 out of 100).

Nearby, buyers who want less competition could look at Walland 37886 (0% sold over asking) or Tallassee 37878 (0% sold over asking), while Alcoa 37701 (25% sold over asking) and Friendsville 37737 (24% sold over asking) are even more competitive.