Is Townsend a buyer's or seller's market right now?

Townsend is currently a buyer's market with 8 months of supply. Homes are selling at 95.9% of list price. The Ridley Sell Score for Townsend is 35/100 (Cooling), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Townsend?

The median home price in Townsend is $345,000, down 38.4% year-over-year. The median price per square foot is $326. Homes sell in a median of 186 days with a sale-to-list ratio of 95.9%.

How much does it cost to sell a home in Townsend, Tennessee?

On a $345,000 home in Townsend, a traditional listing agent charges around $10,350 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $27,600 or more. With Ridley Essentials ($999) you save $9,351, and with Ridley Pro ($3,499) you save $6,851 while getting full agent support.

How does Ridley's flat fee compare to a traditional Townsend agent?

A traditional Townsend listing agent typically charges 3% of the sale price — about $10,350 on a $345,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $9,351–$6,851 compared to a traditional agent.

How long does it take to sell a home in Townsend?

The median home in Townsend currently spends 186 days on the market before going under contract, down 115% from last year. At a 95.9% sale-to-list ratio, sellers are seeing some negotiation. Only 25% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Tennessee?

No. Tennessee does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $345,000 home, that could save you up to $6,851.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Tennessee. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $10,350 commission.

National/Tennessee

Townsend, TN

Is Now a Good Time to Sell in Townsend, Tennessee?

The median home in Townsend sells for $345,000 with prices down 38.4% year-over-year. The average seller pays $10,350 in commissions — Ridley’s flat fee saves you $6,851.

Townsend Real Estate Market Conditions — April 2026

35out of 100

Ridley Sell Score

How it's scored →

Cooling

35/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Townsend market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessFavors buyers

8 months of supply — above the 5-month balanced threshold, giving buyers more options. Tennessee average is 4.4.

Price MomentumFavors buyers

Prices down 38.4% year-over-year — vs. +15.6% statewide.

Seller LeverageFavors buyers

Homes selling at 95.9% of asking — buyers are negotiating 4.1% below list. Tennessee average is 96.5%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Tennessee average of 16.1%.

Sale SpeedFavors buyers

186 median days on market — 82 days slower than the Tennessee average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 15.1% statewide.

Price StabilityFavors buyers

25% of listings have dropped their price. Tennessee average is 22.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$345,000

-38.4%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

186

-115%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$326

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

95.9%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

Buyer’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Not Very Competitive

Price Drops

Percentage of active listings that had a price reduction.

25%

Pricing matters

12-Month Price Trend

$850,000 → $345,000

▼59.4%

$800K$600K$400K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Townsend — delivered monthly.

Your savings

How much can you save selling your home in Townsend?

The average Townsend homeowner saves $6,851 by selling with Ridley instead of paying the traditional 3% listing commission on a $345,000 home.

$0Estimated savings

That's 6 months of groceries — save 2.0% of your home value

Your Townsend home value

$345,000

$50,000$10M

Traditional Agent (3%)

$10,350

Ridley Pro (flat fee)

$3,499

Ready to sell in Townsend?

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Cost comparison

How much does it cost to sell a house in Townsend?

The total cost to sell a house in Townsend in 2026 ranges from $999 with Ridley Essentials to approximately $10,350 with a traditional 3% commission on a $345,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$10,350	$3,499	$999	$0
Buyer agent	$9,6602.8% avg	$6,900~2% avg	$6,900~2% avg	$9,6602.8% avg
Closing costs (~1.5%)	$5,175	$5,175	$5,175	$5,175
Total cost	$25,185	$15,574	$13,074	$14,835
Net proceeds	$319,815	$329,426	$331,926	$330,165
You save	—	$9,611	$12,111	$10,350No support